Civic Intelligence

Providence Academy

990 • Fiscal year 2022 • EIN 62-1564142

Jul 01, 2021 to Jun 30, 2022 • Filed on May 11, 2023

2788 Carroll Creek RoadJohnson City, TN 37615

(423) 854-9819

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.35x

Higher debt load relative to assets than 67% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

71st percentile

0.59x

Higher debt load relative to revenue than 71% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

83rd percentile

36%

Higher net margin than 83% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

29th percentile

$122,059

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

85th percentile

29%

Faster asset growth than 85% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

91st percentile

81%

Faster revenue growth than 91% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$17,103,088

Up $3,804,858 (+29%) from 2021

Net Assets

Up

$11,184,854

Up $3,665,071 (+49%) from 2021

Liabilities

Up

$5,918,234

Up $139,787 (+2.4%) from 2021

Revenue

Up

$10,009,761

Up $4,469,016 (+81%) from 2021

Expenses

Up

$6,365,442

Up $1,105,279 (+21%) from 2021

Net Income

Up

$3,644,319

Up $3,363,737 (+1199%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $7,650,259Liabilities 2010: $3,045,699Net Assets 2010: $4,604,5602010Assets 2011: $7,876,731Liabilities 2011: $3,181,969Net Assets 2011: $4,694,7622011Assets 2012: $7,886,928Liabilities 2012: $3,011,296Net Assets 2012: $4,875,6322012Assets 2013: $7,993,054Liabilities 2013: $3,028,107Net Assets 2013: $4,964,9472013Assets 2014: $8,086,251Liabilities 2014: $2,973,241Net Assets 2014: $5,113,0102014Assets 2015: $9,299,213Liabilities 2015: $3,052,974Net Assets 2015: $6,246,2392015Assets 2016: $10,381,243Liabilities 2016: $3,815,657Net Assets 2016: $6,565,5862016Assets 2017: $9,976,538Liabilities 2017: $3,473,412Net Assets 2017: $6,503,1262017Assets 2018: $9,668,588Liabilities 2018: $3,175,471Net Assets 2018: $6,493,1172018Assets 2019: $9,401,441Liabilities 2019: $2,936,257Net Assets 2019: $6,465,1842019Assets 2020: $9,804,139Liabilities 2020: $2,560,969Net Assets 2020: $7,243,1702020Assets 2021: $13,298,230Liabilities 2021: $5,778,447Net Assets 2021: $7,519,7832021Assets 2022: $17,103,088Liabilities 2022: $5,918,234Net Assets 2022: $11,184,8542022Assets 2023: $19,938,375Liabilities 2023: $4,148,660Net Assets 2023: $15,789,7152023Assets 2024: $20,649,234Liabilities 2024: $4,180,735Net Assets 2024: $16,468,4992024

Highlighted filing

2022

Assets$17,103,088
Liabilities$5,918,234
Net Assets$11,184,854

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,095,5982010Expenses 2011: $3,264,1522011Expenses 2012: $3,538,7192012Revenue 2013: $3,566,886Expenses 2013: $3,477,571Net Income 2013: $89,3152013Revenue 2014: $3,727,749Expenses 2014: $3,579,686Net Income 2014: $148,0632014Revenue 2015: $4,831,765Expenses 2015: $3,698,536Net Income 2015: $1,133,2292015Revenue 2016: $4,140,526Expenses 2016: $3,821,179Net Income 2016: $319,3472016Revenue 2017: $3,902,713Expenses 2017: $3,965,173Net Income 2017: -$62,4602017Revenue 2018: $3,971,265Expenses 2018: $3,981,274Net Income 2018: -$10,0092018Revenue 2019: $4,082,248Expenses 2019: $4,110,180Net Income 2019: -$27,9322019Revenue 2020: $5,088,712Expenses 2020: $4,395,226Net Income 2020: $693,4862020Revenue 2021: $5,540,745Expenses 2021: $5,260,163Net Income 2021: $280,5822021Revenue 2022: $10,009,761Expenses 2022: $6,365,442Net Income 2022: $3,644,3192022Revenue 2023: $8,216,454Expenses 2023: $7,247,833Net Income 2023: $968,6212023Revenue 2024: $9,262,288Expenses 2024: $8,864,677Net Income 2024: $397,6112024

Highlighted filing

2022

Revenue$10,009,761
Expenses$6,365,442
Net Income$3,644,319
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 11, 2023
Return Version
2021v4.2
Gross Receipts
$10,058,446
Mission and Program Overview

Mission

To equip students to achieve academic excellence and spiritual maturity through a biblically based, christ-centered, classical education so they will think and live in a manner which brings glory to god.

Providence academy partners with parents to equip students to develop spiritual maturity and achieve academic excellence through a biblically-based, christ-centered, classical education, so they will think and live in a manner which brings glory to god.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,933,311$7,092,936▲ $159,625
Accounts Receivable$3,183,162$3,925,083▲ $741,921
Savings and Temporary Cash Investments$2,993,212$3,161,257▲ $168,045
Pledges and Grants Receivable$95,230$2,782,912▲ $2,687,682
Prepaid Expenses and Deferred Charges$85,627$123,608▲ $37,981
Inventories for Sale or Use-$17,292-
Total Assets$13,298,230$17,103,088▲ $3,804,858
Other Assets Total$7,688$0▼ $7,688
Liabilities
Deferred Revenue$4,207,892$5,267,494▲ $1,059,602
Other Liabilities$316,040$371,931▲ $55,891
Accounts Payable and Accrued Expenses$211,594$156,224▼ $55,370
Mortgage Notes Payable Secured by Investment Property$1,042,921$122,585▼ $920,336
Total Liabilities$5,778,447$5,918,234▲ $139,787
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,762,064$7,631,014▲ $868,950
Net Assets With Donor Restrictions$757,719$3,553,840▲ $2,796,121
Total Net Assets Fund Balance$7,519,783$11,184,854▲ $3,665,071
Total Liabilities and Net Assets / Fund Balance$13,298,230$17,103,088▲ $3,804,858

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,819,787$3,392,472$8,212,259
Other Land Buildings$928,291$864,425$1,792,716
Land$1,165,777-$1,165,777
Equipment$179,081$184,746$363,827
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ben HollandHead of SchoolFT$106,012$16,047$122,059

Board Members and Trustees

NameTitle
Rex GarrisonChairman
Bj SmithVice-chairman
Earle ChuteBoard Member
Josh PuhrBoard Member
Jt ThomasBoard Member
Mark HechtBoard Member
Matt JonesBoard Member
Wayne TurbyfieldBoard Member
Morris HenardEx-officio
Alisa VancottSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,560,475
Program Service Revenue
$4,970,814
Investment Income
$5,260
Other Revenue
$473,212
All Other Contributions
$4,063,389
Change in Net Assets
$3,644,319

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table329$59,129Fair Market Value (FMV)
Cars and Other Vehicles1$9,346Fair Market Value (FMV)
Total Noncash Contributions330$68,475-

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,566,246
Revenue Not Reported on Financial Statements
$443,515
Revenue Not Reported on Form 990
$66,592
Other Revenue Adjustments
$443,515
Total Revenue per Audited Statements
$9,632,838
Total Revenue per Form 990
$10,009,761
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,807,892
Other Expenses$2,114,035
Grants and Similar Amounts Paid$443,515
Total Fundraising Expense$392,241
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,430,297$607,573$119,409$3,157,279
Grants to Domestic Individuals$443,515--$443,515
All Other Expenses$144,073$22,837$243,184$410,094
Depreciation Depletion$296,485$40,579-$337,064
Other Employee Benefits$220,833$55,209-$276,042
Payroll Taxes$202,010$50,502-$252,512
Current Officers, Directors, Trustees, and Key Employees$94,440$23,610$4,009$122,059
Other Expenses$91,311$22,828$16,314$114,139
Occupancy$77,023$19,256-$96,279
Fees for Services Other-$67,927-$67,927
Insurance$17,787$17,787-$35,574
Interest-$20,867-$20,867
Advertising--$9,325$9,325
Total Functional Expenses$4,856,055$1,117,146$392,241$6,365,442

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,365,442
Total Expenses per Audited Statements$5,967,767
Expenses per Audited Statements$5,921,927
Expenses Not Reported on Financial Statements$443,515
Other Expense Adjustments$443,515
Expenses Not Reported on Form 990$45,840
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$519,052
Fundraising Direct Expenses$45,840
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$140,323$140,323$34,984$105,339
Fall Business Directory$90,066$90,066$9,510$80,556
Total Events$1,016,138$519,052$45,840$473,212
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$189,847
Accrued Sick Time Payable$180,684
Due to Classes$1,400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members as defined by the irs as any person who has the right to participate in the organization's governance. They do not receive distributions of income or assets from the organization.

Form 990, Part VI, Section A, Line 7A

The school considers all participants in the school's parent/teacher organization, as members. This includes parents of current students, school staff and alumni and their parents. Per the school's by-laws, members can nominate board members. Election of new board members will be affirmed by a majority of ballots from members returned to the board at or before the annual association meeting.

Form 990, Part VI, Section B, Line 11B

Distributed by e-mail to board members for review and approval, vote taken and documented.

Form 990, Part VI, Section B, Line 12C

Completed annually during review or audit process

Form 990, Part VI, Section B, Line 15

Board reviews annually and sets compensation

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Providence Academy
EIN
62-1564142
Phone
4238549819
Address
2788 CARROLL CREEK ROAD, JOHNSON CITY, TN 37615

Signing Officer

Name
Benjamin Holland
Title
Head of School
Phone
4238549819
Signed
2023-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjamin Holland
Formed
1994
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
139
Volunteers
150

Preparer

Firm
Blackburn Childers & Steagall Plc
Address
801B SUNSET DRIVE, JOHNSON CITY, TN 37604-3033
Preparer
Sarah Presnell
Phone
4232824511
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Net change in pledges receivable 20,752.

Form 990, Part XII, Line 2C

The finance committee assumes responsibility for oversight of audit, review or compilation of its financisl statements and selection of an independent accountant. This process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Note 10-tax uncertainties: the school follows the fasb accounting standards codification, which provides guidance on accounting for uncertainty in income taxes recognized in an organization's financial statements. As of june 30, 2022 and 2021, the school had no uncertain tax positions that qualify for either recognition or disclosure in the school's financial statements. The school's policy is to recognize interest and penalties on unrecognized tax benefits in income tax expense in the financial statements. No interest or penalties were recorded during the years ended june 30, 2022 and 2021.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses offset with fundraising revenue 45,840. Net change in pledges receivable 20,752.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Institutional scholarships offsetting student tuition and fees 443,515.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses offset with fundraising revenue 45,840.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Institutional scholarships offsetting student tuition and fees 443,515.

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IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt06100
IRS990/GrossReceiptsAmt010058446
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt017787
IRS990/InsuranceGrp/ProgramServicesAmt017787
IRS990/InsuranceGrp/TotalAmt035574
IRS990/InterestGrp/ManagementAndGeneralAmt020867
IRS990/InterestGrp/TotalAmt020867
IRS990/InventoriesForSaleOrUseGrp/EOYAmt017292
IRS990/InvestmentIncomeGrp/ExclusionAmt02005
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02005
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt031
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04441643
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06933311
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07092936
IRS990/LandBldgEquipCostOrOtherBssAmt011534579
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02845
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO EQUIP STUDENTS TO ACHIEVE ACADEMIC EXCELLENCE AND SPIRITUAL MATURITY THROUGH A BIBLICALLY BASED, CHRIST-CENTERED, CLASSICAL EDUCATION SO THEY WILL THINK AND LIVE IN A MANNER WHICH BRINGS GLORY TO GOD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01042921
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0122585
IRS990/NetAssetsOrFundBalancesBOYAmt07519783
IRS990/NetAssetsOrFundBalancesEOYAmt011184854
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt03255
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt03255
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0473212
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0473212
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06762064
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07631014
IRS990/NoncashContributionsAmt069015
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt019256
IRS990/OccupancyGrp/ProgramServicesAmt077023
IRS990/OccupancyGrp/TotalAmt096279
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07688
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt020752
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt055209
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0220833
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0276042
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1EQUIPMENT MAINTENANCE A
IRS990/OtherExpensesGrp/Desc2CURRICULUM & ACCREDITAT
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/FundraisingAmt016314
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0130141
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt138030
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt222828
IRS990/OtherExpensesGrp/ProgramServicesAmt0551063
IRS990/OtherExpensesGrp/ProgramServicesAmt1152120
IRS990/OtherExpensesGrp/ProgramServicesAmt2135098
IRS990/OtherExpensesGrp/ProgramServicesAmt391311
IRS990/OtherExpensesGrp/TotalAmt0697518
IRS990/OtherExpensesGrp/TotalAmt1190150
IRS990/OtherExpensesGrp/TotalAmt2135098
IRS990/OtherExpensesGrp/TotalAmt3114139
IRS990/OtherLiabilitiesGrp/BOYAmt0316040
IRS990/OtherLiabilitiesGrp/EOYAmt0371931
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0119409
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0607573
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02430297
IRS990/OtherSalariesAndWagesGrp/TotalAmt03157279
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt050502
IRS990/PayrollTaxesGrp/ProgramServicesAmt0202010
IRS990/PayrollTaxesGrp/TotalAmt0252512
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt095230
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02782912
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt085627
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0123608
IRS990/PrincipalOfficerNm0BENJAMIN HOLLAND
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04970814
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04970814
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01183210
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0389083
IRS990/PYInvestmentIncomeAmt01972
IRS990/PYOtherExpensesAmt01520579
IRS990/PYOtherRevenueAmt059562
IRS990/PYProgramServiceRevenueAmt04296001
IRS990/PYRevenuesLessExpensesAmt0280582
IRS990/PYSalariesCompEmpBnftPaidAmt03350501
IRS990/PYTotalExpensesAmt05260163
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05540745
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03644319
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04970814
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02993212
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03161257
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04560475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01183210
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01095417
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0367658
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0308786
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07515546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02005
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01972
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06610
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09408
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04188
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt024183
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt020189054
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0522307
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0257929
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0120043
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0173175
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0115758
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01189212
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82220
IRS990ScheduleA/PublicSupportPY170Pct00.75120
IRS990ScheduleA/PublicSupportTotal170Amt07176917
IRS990ScheduleA/SubstantialContributorsTotAmt0338629
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04560475
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01183210
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01095417
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0367658
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0308786
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07515546
IRS990ScheduleA/TotalSupportAmt08728941
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04819787
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03392472
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08212259
IRS990ScheduleD/EquipmentGrp/BookValueAmt0179081
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0184746
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0363827
IRS990ScheduleD/ExpensesNotReportedAmt045840
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0443515
IRS990ScheduleD/ExpensesSubtotalAmt05921927
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01165777
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01165777
IRS990ScheduleD/OtherExpensesIncludedAmt045840
IRS990ScheduleD/OtherExpensesNotIncludedAmt0443515
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0928291
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0864425
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01792716
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1180684
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2189847
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO CLASSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED SICK TIME PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED PAYROLL
IRS990ScheduleD/OtherRevenueAmt066592
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0443515
IRS990ScheduleD/RevenueNotReportedAmt066592
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0443515
IRS990ScheduleD/RevenueSubtotalAmt09566246
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NOTE 10-TAX UNCERTAINTIES: THE SCHOOL FOLLOWS THE FASB ACCOUNTING STANDARDS CODIFICATION, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. AS OF JUNE 30, 2022 AND 2021, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST OR PENALTIES WERE RECORDED DURING THE YEARS ENDED JUNE 30, 2022 AND 2021.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES OFFSET WITH FUNDRAISING REVENUE 45,840. NET CHANGE IN PLEDGES RECEIVABLE 20,752.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INSTITUTIONAL SCHOLARSHIPS OFFSETTING STUDENT TUITION AND FEES 443,515.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3FUNDRAISING EXPENSES OFFSET WITH FUNDRAISING REVENUE 45,840.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4INSTITUTIONAL SCHOLARSHIPS OFFSETTING STUDENT TUITION AND FEES 443,515.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07092936
IRS990ScheduleD/TotalExpensesPerForm990Amt06365442
IRS990ScheduleD/TotalLiabilityAmt0371931
IRS990ScheduleD/TotalRevenuePerForm990Amt010009761
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09632838
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05967767
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.6$4.18$16.5$9.26$8.86$0.40
2023Detailed filing. Detailed filing data is available for this year.$19.9$4.15$15.8$8.22$7.25$0.97
2022Detailed filing. Detailed filing data is available for this year.$17.1$5.92$11.2$10.0$6.37$3.64
2021Detailed filing. Detailed filing data is available for this year.$13.3$5.78$7.52$5.54$5.26$0.28
2020Detailed filing. Detailed filing data is available for this year.$9.80$2.56$7.24$5.09$4.40$0.69
2019Detailed filing. Detailed filing data is available for this year.$9.40$2.94$6.47$4.08$4.11$0.03
2018Detailed filing. Detailed filing data is available for this year.$9.67$3.18$6.49$3.97$3.98$0.01
2017Detailed filing. Detailed filing data is available for this year.$9.98$3.47$6.50$3.90$3.97$0.06
2016Detailed filing. Detailed filing data is available for this year.$10.4$3.82$6.57$4.14$3.82$0.32
2015Detailed filing. Detailed filing data is available for this year.$9.30$3.05$6.25$4.83$3.70$1.13
2014Detailed filing. Detailed filing data is available for this year.$8.09$2.97$5.11$3.73$3.58$0.15
2013Summary only. Only limited summary data is available for this year.$7.99$3.03$4.96$3.57$3.48$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.89$3.01$4.88$3.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.88$3.18$4.69$3.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.65$3.05$4.60$3.10