Civic Intelligence

Madison Academy Inc.

990 • Fiscal year 2021 • EIN 63-0356666

Jul 01, 2020 to Jun 30, 2021 • Filed on May 13, 2022

Organization Profilemacademy.org

View Organization Page

325 Slaughter RoadMadison, AL 35758

(256) 469-6406

Siviq Scores

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

Liabilities / Assets

69th percentile

0.39x

Higher debt load relative to assets than 69% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.66x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

23rd percentile

0.3%

Higher net margin than 23% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

15th percentile

$13,333

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

11th percentile

-4.8%

Faster asset growth than 11% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

41st percentile

6.7%

Faster revenue growth than 41% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$14,996,643

Down $758,980 (-4.8%) from 2020

Net Assets

Up

$9,204,498

Up $429,974 (+4.9%) from 2020

Liabilities

Down

$5,792,145

Down $1,188,954 (-17%) from 2020

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin23rd percentile

Revenue

Up

$8,738,039

Up $549,914 (+6.7%) from 2020

Expenses

Up

$8,713,513

Up $469,113 (+5.7%) from 2020

Net Income

Up

$24,526

Up $80,801 (+144%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $12,361,899Liabilities 2011: $4,241,866Net Assets 2011: $8,120,0332011Assets 2012: $12,231,741Liabilities 2012: $3,801,153Net Assets 2012: $8,430,5882012Assets 2013: $12,724,602Liabilities 2013: $3,704,645Net Assets 2013: $9,019,9572013Assets 2014: $12,828,198Liabilities 2014: $3,208,752Net Assets 2014: $9,619,4462014Assets 2015: $12,436,659Liabilities 2015: $2,998,693Net Assets 2015: $9,437,9662015Assets 2016: $15,698,472Liabilities 2016: $6,778,878Net Assets 2016: $8,919,5942016Assets 2017: $15,567,432Liabilities 2017: $6,546,686Net Assets 2017: $9,020,7462017Assets 2018: $15,224,665Liabilities 2018: $6,320,886Net Assets 2018: $8,903,7792018Assets 2019: $15,080,197Liabilities 2019: $6,148,976Net Assets 2019: $8,931,2212019Assets 2020: $15,755,623Liabilities 2020: $6,981,099Net Assets 2020: $8,774,5242020Assets 2021: $14,996,643Liabilities 2021: $5,792,145Net Assets 2021: $9,204,4982021Assets 2022: $14,056,099Liabilities 2022: $5,690,597Net Assets 2022: $8,365,5022022Assets 2023: $14,968,719Liabilities 2023: $7,179,325Net Assets 2023: $7,789,3942023Assets 2024: $13,893,785Liabilities 2024: $6,004,221Net Assets 2024: $7,889,5642024

Highlighted filing

2021

Assets$14,996,643
Liabilities$5,792,145
Net Assets$9,204,498
Open 2021 Filing

Operations Trend

Revenue Growth41st percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $6,420,872Expenses 2011: $6,077,183Net Income 2011: $343,6892011Revenue 2012: $6,748,212Expenses 2012: $6,332,212Net Income 2012: $416,0002012Expenses 2013: $6,723,0302013Revenue 2014: $7,020,789Expenses 2014: $6,921,687Net Income 2014: $99,1022014Revenue 2015: $7,141,313Expenses 2015: $7,264,914Net Income 2015: -$123,6012015Revenue 2016: $7,805,277Expenses 2016: $8,155,470Net Income 2016: -$350,1932016Revenue 2017: $7,957,433Expenses 2017: $7,986,850Net Income 2017: -$29,4172017Revenue 2018: $8,076,729Expenses 2018: $8,194,850Net Income 2018: -$118,1212018Revenue 2019: $8,397,090Expenses 2019: $8,382,138Net Income 2019: $14,9522019Revenue 2020: $8,188,125Expenses 2020: $8,244,400Net Income 2020: -$56,2752020Revenue 2021: $8,738,039Expenses 2021: $8,713,513Net Income 2021: $24,5262021Revenue 2022: $8,740,995Expenses 2022: $9,198,972Net Income 2022: -$457,9772022Revenue 2023: $9,877,162Expenses 2023: $10,604,690Net Income 2023: -$727,5282023Revenue 2024: $12,770,651Expenses 2024: $13,413,623Net Income 2024: -$642,9722024

Highlighted filing

2021

Revenue$8,738,039
Expenses$8,713,513
Net Income$24,526
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 13, 2022
Return Version
2020v4.1
Gross Receipts
$8,738,039
Mission and Program Overview

Mission

Private school dedicated to

Private school dedicated to education of children from pk3 through grade 12

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,881,345$11,527,496▼ $353,849
Investments in Publicly Traded Securities$1,514,346$2,032,810▲ $518,464
Cash and Non-Interest-Bearing Accounts$1,853,269$948,659▼ $904,610
Accounts Receivable$176,229$238,416▲ $62,187
Total Assets$15,755,623$14,996,643▼ $758,980
Other Assets Total$330,434$249,262▼ $81,172
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,407,673$5,142,716▼ $264,957
Other Liabilities$1,042,080$0▼ $1,042,080
Accounts Payable and Accrued Expenses$507,057$605,550▲ $98,493
Deferred Revenue$24,289$43,879▲ $19,590
Total Liabilities$6,981,099$5,792,145▼ $1,188,954
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,624,524$8,054,498▲ $429,974
Net Assets With Donor Restrictions$1,150,000$1,150,000→ $0
Total Net Assets Fund Balance$8,774,524$9,204,498▲ $429,974
Total Liabilities and Net Assets / Fund Balance$15,755,623$14,996,643▼ $758,980

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,064,655$6,895,780$14,960,435
Leasehold Improvements$1,376,666$623,175$1,999,841
Land$1,610,682-$1,610,682
Equipment$445,986$932,981$1,378,967
Other Land Buildings$29,507$52,965$82,472

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$1,150,000---$1,150,000
2019$1,150,000---$1,150,000
2018$1,100,000$50,000--$1,150,000
2017$1,000,000$100,000--$1,100,000
2016$1,000,000---$1,000,000
Compensation and Service Providers
Top Officer Pay15th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Casey FarrisPresidentFT$13,333$13,333

Board Members and Trustees

NameTitle
Tom MckeeChairman
Dr Amy LeatonVice Chair
Carey RosenblumMember
James FlattMember
Jason BybeeMember
Scotty SparksMember
Tim BrownMember
Wesley CanerdaySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,299,410
Program Service Revenue
$7,368,727
Investment Income
$68,979
Other Revenue
$923
All Other Contributions
$257,330
Change in Net Assets
$24,526

Noncash Contribution Practices

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

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,927,143
Revenue Not Reported on Form 990
$405,448
Total Revenue per Audited Statements
$8,332,591
Total Revenue per Form 990
$7,927,143
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,117,978
Other Expenses$3,476,453
Total Fundraising Expense$208,980
Grants and Similar Amounts Paid$119,082
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,849,594$329,703$109,559$4,288,856
All Other Expenses$1,706,114$241,892$40,354$1,988,360
Depreciation Depletion$663,819$14,321$11,920$690,060
Other Employee Benefits$300,252$24,435$10,139$334,826
Payroll Taxes$272,656$23,495$8,162$304,313
Interest$175,278$3,652$3,652$182,582
Pension Plan Contributions$159,089$12,583$4,978$176,650
Information Technology$141,268$0$0$141,268
Grants to Domestic Individuals$119,082--$119,082
Travel$102,727$2,140$2,140$107,007
Insurance$101,386$2,112$2,112$105,610
Other Expenses$24,091$2,213$8,415$34,719
Conferences and Meetings$0$8,853$7,549$16,402
Fees for Services Accounting$0$15,970$0$15,970
Current Officers, Directors, Trustees, and Key Employees$13,333$0$0$13,333
Office Expenses$0$1,560$0$1,560
Advertising$0$178$0$178
Total Functional Expenses$7,821,426$683,107$208,980$8,713,513

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,713,513
Total Expenses per Audited Statements$8,713,513
Total Expenses per Form 990$8,713,513
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$923
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Paycheck Protection Program Loan$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Filing and Contact Details

Filer

Filer Name
Madison Academy Inc
EIN
63-0356666
Phone
2564696406
Address
325 SLAUGHTER ROAD, MADISON, AL 35758

Signing Officer

Name
Casey Farris
Title
President
Phone
2564696406
Signed
2022-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Casey Farris
Formed
1955
Legal Domicile
Al
Voting Board Members
8
Independent Board Members
8
Employees
151
Volunteers
50

Preparer

Firm
Mercer & Associates Pc
Address
201 WILLIAMS AVENUE SUITE 280, HUNTSVILLE, AL 35801
Preparer
Jerry Mercer CPA
Phone
2565364318
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Completed 990 is provided by board treasurer and recommended for board approval”

Pt V, Line 14B

“The school does not provide indoor tanning services”

Pt VI, Line 12C

“The board annually signs conflict of interest statements”

Pt VI, Line 12C

“Which are maintained by the board secretary with minutes”

Pt VI, Line 15B

“An annual evaluation of the president of the school is done by the board of directors”

Pt VI, Line 15B

“As part of the evaluation the treasurer of the executive committee researched comparable salaries of similar jobs to determine an appropriate compensation package”

Pt VI, Line 19

“All documents, policies and financial statements are maintained on school premises and are available for review on request to the president”

Pt XI

“Unrealized loss on investments and donated services and use of facilities”

Pt VI, Line 15A

“An annual evaluation of the top management of the school is done by the board of directors. As part of the evaluation, the treasurer of the executive committee researched comparable salaries of similar jobs to determine appropriate compensation package”

Form 990, Part IX, Line 24E

“Accreditation 1200. 0. 1200. 0.”

Form 990, Part IX, Line 24E

“Miscellaneous 230963. 13170. 217633. 160.”

Form 990, Part IX, Line 24E

“Bank charges 14021. 13461. 280. 280.”

Form 990, Part IX, Line 24E

“Bad debt 26762. 26762. 0. 0.”

Form 990, Part IX, Line 24E

“Cultivation 5380. 0. 1622. 3758.”

Form 990, Part IX, Line 24E

“Furniture 17484. 13769. 3715. 0.”

Form 990, Part IX, Line 24E

“CLINIC 3344. 3344. 0. 0.”

Form 990, Part IX, Line 24E

“Summer camp 42922. 42922. 0. 0.”

Form 990, Part IX, Line 24E

“Science lab 5791. 5791. 0. 0.”

Form 990, Part IX, Line 24E

“Art supplies 1862. 1862. 0. 0.”

Form 990, Part IX, Line 24E

“Coke machine 900. 0. 0. 900.”

Form 990, Part IX, Line 24E

“AWARDS 443. 443. 0. 0.”

Form 990, Part IX, Line 24E

“Graduation 5078. 5078. 0. 0.”

Form 990, Part IX, Line 24E

“Drivers ed 2100. 2100. 0. 0.”

Form 990, Part IX, Line 24E

“Repairs 400767. 385053. 7857. 7857.”

Form 990, Part IX, Line 24E

“Capital improvements 47746. 45836. 955. 955.”

Form 990, Part IX, Line 24E

“Sport facilities improvement 202773. 202773. 0. 0.”

Form 990, Part IX, Line 24E

“Contracts 677076. 675454. 811. 811.”

Form 990, Part IX, Line 24E

“Golf tournament 21298. 0. 0. 21298.”

Form 990, Part IX, Line 24E

“Tests 28435. 28435. 0. 0.”

Form 990, Part IX, Line 24E

“Training 3579. 0. 3579. 0.”

Form 990, Part IX, Line 24E

“TOUR 95. 0. 0. 95.”

Form 990, Part IX, Line 24E

“Playground 8728. 8728. 0. 0.”

Form 990, Part IX, Line 24E

“Senior lunch 768. 768. 0. 0.”

Form 990, Part IX, Line 24E

“Class account 20841. 20841. 0. 0.”

Form 990, Part IX, Line 24E

“Yearbook 6018. 6018. 0. 0.”

Form 990, Part IX, Line 24E

“Telephone 8088. 7764. 162. 162.”

Form 990, Part IX, Line 24E

“Utilities 203898. 195742. 4078. 4078.”

Financial Statement Notes

Pt XI, Line 2D

“SPECIAL EVENT EXPENSE”

Pt XII, Line 2D

“SPECIAL EVENT EXPENSE”

Pt V, Line 4

“Endowment funds earnings are intended to provide tuition”

Pt V, Line 4

“Assistance based on financial need and to be used for”

Pt V, Line 4

“Building and property maintenance”

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IRS990/InfoInScheduleOPartXIInd0X
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt0141268
IRS990/InformationTechnologyGrp/TotalAmt0141268
IRS990/InsuranceGrp/FundraisingAmt02112
IRS990/InsuranceGrp/ManagementAndGeneralAmt02112
IRS990/InsuranceGrp/ProgramServicesAmt0101386
IRS990/InsuranceGrp/TotalAmt0105610
IRS990/InterestGrp/FundraisingAmt03652
IRS990/InterestGrp/ManagementAndGeneralAmt03652
IRS990/InterestGrp/ProgramServicesAmt0175278
IRS990/InterestGrp/TotalAmt0182582
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt068979
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt01514346
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02032810
IRS990/IRPDocumentCnt038
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08504901
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011881345
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011527496
IRS990/LandBldgEquipCostOrOtherBssAmt020032397
IRS990/LegalDomicileStateCd0AL
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PRIVATE SCHOOL DEDICATED TO EDUCATION OF CHILDREN FROM PK3 THROUGH GRADE 12
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05407673
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05142716
IRS990/NetAssetsOrFundBalancesBOYAmt08774524
IRS990/NetAssetsOrFundBalancesEOYAmt09204498
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0923
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0923
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0405448
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07624524
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt08054498
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01560
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt01560
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0330434
IRS990/OtherAssetsTotalGrp/EOYAmt0249262
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt010139
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024435
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0300252
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0334826
IRS990/OtherExpensesGrp/Desc0CURRICULUM
IRS990/OtherExpensesGrp/Desc1SCHOOL STORE
IRS990/OtherExpensesGrp/Desc2BOOKS
IRS990/OtherExpensesGrp/Desc3SUPPLIES/POSTAGE/PRINTING
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt38415
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32213
IRS990/OtherExpensesGrp/ProgramServicesAmt017006
IRS990/OtherExpensesGrp/ProgramServicesAmt1144386
IRS990/OtherExpensesGrp/ProgramServicesAmt231345
IRS990/OtherExpensesGrp/ProgramServicesAmt324091
IRS990/OtherExpensesGrp/TotalAmt017006
IRS990/OtherExpensesGrp/TotalAmt1144386
IRS990/OtherExpensesGrp/TotalAmt231345
IRS990/OtherExpensesGrp/TotalAmt334719
IRS990/OtherLiabilitiesGrp/BOYAmt01042080
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0109559
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0329703
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03849594
IRS990/OtherSalariesAndWagesGrp/TotalAmt04288856
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt08162
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt023495
IRS990/PayrollTaxesGrp/ProgramServicesAmt0272656
IRS990/PayrollTaxesGrp/TotalAmt0304313
IRS990/PensionPlanContributionsGrp/FundraisingAmt04978
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012583
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0159089
IRS990/PensionPlanContributionsGrp/TotalAmt0176650
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CASEY FARRIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PRE-SCHOOL-GRADE 12
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07368727
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0354020
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt096659
IRS990/PYInvestmentIncomeAmt097578
IRS990/PYOtherExpensesAmt03125117
IRS990/PYOtherRevenueAmt048277
IRS990/PYProgramServiceRevenueAmt07688250
IRS990/PYRevenuesLessExpensesAmt0-56275
IRS990/PYSalariesCompEmpBnftPaidAmt05022624
IRS990/PYTotalExpensesAmt08244400
IRS990/PYTotalRevenueAmt08188125
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt024526
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt08738039
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt08064655
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06895780
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014960435
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01150000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01150000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01150000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01150000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01100000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01150000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01000000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0100000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01100000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01000000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01000000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0445986
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0932981
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01378967
IRS990ScheduleD/ExpensesSubtotalAmt08713513
IRS990ScheduleD/LandGrp/BookValueAmt01610682
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01610682
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01376666
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0623175
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01999841
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0405448
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt029507
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt052965
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt082472
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYCHECK PROTECTION PROGRAM LOAN
IRS990ScheduleD/RevenueNotReportedAmt0405448
IRS990ScheduleD/RevenueSubtotalAmt07927143
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENT EXPENSE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2ENDOWMENT FUNDS EARNINGS ARE INTENDED TO PROVIDE TUITION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3ASSISTANCE BASED ON FINANCIAL NEED AND TO BE USED FOR
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4BUILDING AND PROPERTY MAINTENANCE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt V, Line 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt V, Line 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt V, Line 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011527496
IRS990ScheduleD/TotalExpensesPerForm990Amt08713513
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt07927143
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08332591
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08713513
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
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IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,996,643
Liabilities
$5,792,145
Net assets
$9,204,498
Revenue
$8,738,039
Expenses
$8,713,513
Net income
$24,526
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$6.00$7.89$12.8$13.4$0.64
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$7.18$7.79$9.88$10.6$0.73
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.1$5.69$8.37$8.74$9.20$0.46
2021Detailed filing. Detailed filing data is available for this year.$15.0$5.79$9.20$8.74$8.71$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.8$6.98$8.77$8.19$8.24$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.1$6.15$8.93$8.40$8.38$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.2$6.32$8.90$8.08$8.19$0.12
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$6.55$9.02$7.96$7.99$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.7$6.78$8.92$7.81$8.16$0.35
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$3.00$9.44$7.14$7.26$0.12
2014Detailed filing. Detailed filing data is available for this year.$12.8$3.21$9.62$7.02$6.92$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$3.70$9.02$6.72
2012Summary only. Only limited summary data is available for this year.$12.2$3.80$8.43$6.75$6.33$0.42
2011Summary only. Only limited summary data is available for this year.$12.4$4.24$8.12$6.42$6.08$0.34