Civic Intelligence

Providence Academy

990 • Fiscal year 2023 • EIN 62-1564142

Jul 01, 2022 to Jun 30, 2023 • Filed on May 07, 2024

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

53rd percentile

0.21x

Higher debt load relative to assets than 53% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.50x

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

31st percentile

$131,171

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

74th percentile

17%

Faster asset growth than 74% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

18th percentile

-18%

Faster revenue growth than 18% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$19,938,375

Up $2,835,287 (+17%) from 2022

Net Assets

Up

$15,789,715

Up $4,604,861 (+41%) from 2022

Liabilities

Down

$4,148,660

Down $1,769,574 (-30%) from 2022

Revenue

Down

$8,216,454

Down $1,793,307 (-18%) from 2022

Expenses

Up

$7,247,833

Up $882,391 (+14%) from 2022

Net Income

Down

$968,621

Down $2,675,698 (-73%) from 2022

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

2023

Assets$19,938,375
Liabilities$4,148,660
Net Assets$15,789,715

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

2023

Revenue$8,216,454
Expenses$7,247,833
Net Income$968,621
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 7, 2024
Return Version
2022v5.0
Gross Receipts
$8,311,759
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$7,092,936$14,126,425▲ $7,033,489
Pledges and Grants Receivable$2,782,912$4,184,316▲ $1,401,404
Savings and Temporary Cash Investments$3,161,257$1,281,655▼ $1,879,602
Prepaid Expenses and Deferred Charges$123,608$267,498▲ $143,890
Accounts Receivable$3,925,083$57,437▼ $3,867,646
Inventories for Sale or Use$17,292$20,903▲ $3,611
Total Assets$17,103,088$19,938,375▲ $2,835,287
Other Assets Total$0$141▲ $141
Liabilities
Deferred Revenue$5,267,494$1,822,932▼ $3,444,562
Accounts Payable and Accrued Expenses$156,224$1,563,055▲ $1,406,831
Other Liabilities$371,931$660,969▲ $289,038
Mortgage Notes Payable Secured by Investment Property$122,585$101,704▼ $20,881
Total Liabilities$5,918,234$4,148,660▼ $1,769,574
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,631,014$10,662,486▲ $3,031,472
Net Assets With Donor Restrictions$3,553,840$5,127,229▲ $1,573,389
Total Net Assets Fund Balance$11,184,854$15,789,715▲ $4,604,861
Total Liabilities and Net Assets / Fund Balance$17,103,088$19,938,375▲ $2,835,287

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,944,847$976,681$8,921,528
Buildings$4,629,463$3,615,391$8,244,854
Land$1,378,343-$1,378,343
Equipment$173,772$237,384$411,156
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ben HollandHead of SchoolFT$123,097$8,074$131,171

Board Members and Trustees

NameTitle
Bj SmithChairman
Matt JonesVice Chair
Alisa VancottBoard Member
Earle ChuteBoard Member
Josh PuhrBoard Member
Mark HechtBoard Member
Rex GarrisonBoard Member
Wayne TurbyfieldBoard Member
Morris HenardEx-officio
Joshua HicksSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,167,742
Program Service Revenue
$5,816,530
Investment Income
$35,012
Other Revenue
$197,170
All Other Contributions
$1,679,672
Change in Net Assets
$968,621

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 Table5$503,015Fair Market Value (FMV)
Other Non Cash Contri Table291$67,105Fair Market Value (FMV)
Total Noncash Contributions296$570,120-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,770,830
Revenue Not Reported on Financial Statements
$445,624
Revenue Not Reported on Form 990
$3,731,545
Other Revenue Adjustments
$445,624
Total Revenue per Audited Statements
$11,502,375
Total Revenue per Form 990
$8,216,454
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,527,626
Other Expenses$2,274,583
Total Fundraising Expense$539,796
Grants and Similar Amounts Paid$445,624
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,907,180$726,796$139,889$3,773,865
All Other Expenses$198,028$21,207$370,355$589,590
Grants to Domestic Individuals$445,624--$445,624
Depreciation Depletion$345,372$42,441-$387,813
Other Employee Benefits$264,875$66,218-$331,093
Payroll Taxes$233,197$58,299-$291,496
Occupancy$191,833$47,958-$239,791
Current Officers, Directors, Trustees, and Key Employees$101,287$25,322$4,563$131,172
Other Expenses$102,712$25,678$14,267$128,390
Fees for Services Other-$74,294-$74,294
Insurance$21,358$21,358-$42,716
Advertising--$10,722$10,722
Interest-$5,867-$5,867
Total Functional Expenses$5,488,905$1,219,132$539,796$7,247,833

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,247,833
Total Expenses per Audited Statements$6,897,514
Expenses per Audited Statements$6,802,209
Expenses Not Reported on Financial Statements$445,624
Other Expense Adjustments$445,624
Expenses Not Reported on Form 990$95,305
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$292,475
Fundraising Direct Expenses$95,305
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$196,637$196,637$70,233$126,404
Fall Business Directory$79,861$79,861$9,883$69,978
Total Events$780,545$292,475$95,305$197,170
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$242,627
Accrued Payroll$215,658
Accrued Sick Time Payable$198,667
Due to Classes$4,017
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
2024-05-07
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
144
Volunteers
200

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 3,636,240.

Form 990, Part XII, Line 2C

The finance committee assumes responsibility for oversight of audit, review or compilation of its financial 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, 2023 and 2022, 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. However, no interest or penalties were recorded during the years ended june 30, 2023 and 2022.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses offset with fundraising revenue 95,305. Net change in pledges receivable 3,636,240.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Institutional scholarships offsetting student tuition and fees 445,624.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses offset with fundraising revenue 95,305.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Institutional scholarships offsetting student tuition and fees 445,624.

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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0445624
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0445624
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0445624
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt08311759
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt021358
IRS990/InsuranceGrp/ProgramServicesAmt021358
IRS990/InsuranceGrp/TotalAmt042716
IRS990/InterestGrp/ManagementAndGeneralAmt05867
IRS990/InterestGrp/TotalAmt05867
IRS990/InventoriesForSaleOrUseGrp/BOYAmt017292
IRS990/InventoriesForSaleOrUseGrp/EOYAmt020903
IRS990/InvestmentIncomeGrp/ExclusionAmt035012
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt035012
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt039
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04829456
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07092936
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014126425
IRS990/LandBldgEquipCostOrOtherBssAmt018955881
IRS990/LegalDomicileStateCd0TN
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/BOYAmt0122585
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0101704
IRS990/NetAssetsOrFundBalancesBOYAmt011184854
IRS990/NetAssetsOrFundBalancesEOYAmt015789715
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0197170
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0197170
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07631014
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010662486
IRS990/NoncashContributionsAmt0570120
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt047958
IRS990/OccupancyGrp/ProgramServicesAmt0191833
IRS990/OccupancyGrp/TotalAmt0239791
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0141
IRS990/OtherChangesInNetAssetsAmt03636240
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt066218
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0264875
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0331093
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1EQUIPMENT MAINTENANCE A
IRS990/OtherExpensesGrp/Desc2CURRICULUM & ACCREDITAT
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/FundraisingAmt014267
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt049048
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt154646
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt225678
IRS990/OtherExpensesGrp/ProgramServicesAmt0287901
IRS990/OtherExpensesGrp/ProgramServicesAmt1218584
IRS990/OtherExpensesGrp/ProgramServicesAmt2170954
IRS990/OtherExpensesGrp/ProgramServicesAmt3102712
IRS990/OtherExpensesGrp/TotalAmt0351216
IRS990/OtherExpensesGrp/TotalAmt1273230
IRS990/OtherExpensesGrp/TotalAmt2170954
IRS990/OtherExpensesGrp/TotalAmt3128390
IRS990/OtherLiabilitiesGrp/BOYAmt0371931
IRS990/OtherLiabilitiesGrp/EOYAmt0660969
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0139889
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0726796
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02907180
IRS990/OtherSalariesAndWagesGrp/TotalAmt03773865
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt058299
IRS990/PayrollTaxesGrp/ProgramServicesAmt0233197
IRS990/PayrollTaxesGrp/TotalAmt0291496
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02782912
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04184316
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0123608
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0267498
IRS990/PrincipalOfficerNm0BENJAMIN HOLLAND
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05816530
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05816530
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04560475
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0443515
IRS990/PYInvestmentIncomeAmt05260
IRS990/PYOtherExpensesAmt02114035
IRS990/PYOtherRevenueAmt0473212
IRS990/PYProgramServiceRevenueAmt04970814
IRS990/PYRevenuesLessExpensesAmt03644319
IRS990/PYSalariesCompEmpBnftPaidAmt03807892
IRS990/PYTotalExpensesAmt06365442
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010009761
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0968621
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05816530
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03161257
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01281655
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01746777
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04560475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01183210
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01095417
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0367658
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08953537
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt035012
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02005
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01972
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06610
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09408
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt055007
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt022464344
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0713440
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0522307
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0257929
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0120043
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0173175
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01786894
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80340
IRS990ScheduleA/PublicSupportPY170Pct00.82220
IRS990ScheduleA/PublicSupportTotal170Amt08673022
IRS990ScheduleA/SubstantialContributorsTotAmt0280515
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01746777
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04560475
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01183210
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01095417
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0367658
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08953537
IRS990ScheduleA/TotalSupportAmt010795438
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/BookValueAmt04629463
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03615391
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08244854
IRS990ScheduleD/EquipmentGrp/BookValueAmt0173772
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0237384
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0411156
IRS990ScheduleD/ExpensesNotReportedAmt095305
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0445624
IRS990ScheduleD/ExpensesSubtotalAmt06802209
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01378343
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01378343
IRS990ScheduleD/OtherExpensesIncludedAmt095305
IRS990ScheduleD/OtherExpensesNotIncludedAmt0445624
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07944847
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0976681
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08921528
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04017
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1198667
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2215658
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3242627
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO CLASSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED SICK TIME PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3LINE OF CREDIT
IRS990ScheduleD/OtherRevenueAmt03731545
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0445624
IRS990ScheduleD/RevenueNotReportedAmt03731545
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0445624
IRS990ScheduleD/RevenueSubtotalAmt07770830
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, 2023 AND 2022, 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. HOWEVER, NO INTEREST OR PENALTIES WERE RECORDED DURING THE YEARS ENDED JUNE 30, 2023 AND 2022.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES OFFSET WITH FUNDRAISING REVENUE 95,305. NET CHANGE IN PLEDGES RECEIVABLE 3,636,240.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INSTITUTIONAL SCHOLARSHIPS OFFSETTING STUDENT TUITION AND FEES 445,624.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3FUNDRAISING EXPENSES OFFSET WITH FUNDRAISING REVENUE 95,305.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4INSTITUTIONAL SCHOLARSHIPS OFFSETTING STUDENT TUITION AND FEES 445,624.
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/TotalBookValueLandBuildingsAmt014126425
IRS990ScheduleD/TotalExpensesPerForm990Amt07247833
IRS990ScheduleD/TotalLiabilityAmt0660969
IRS990ScheduleD/TotalRevenuePerForm990Amt08216454
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011502375
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06897514
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00

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