Civic Intelligence

Marion Academy Inc.

990 • Fiscal year 2024 • EIN 63-0958471

Jun 01, 2023 to May 31, 2024 • Filed on Jan 28, 2025

Organization ProfileN/A

Refreshing map…

505 Washington StreetMarion, AL 36756

(003) 346-8382

Siviq Scores

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

Liabilities / Assets

96th percentile

1.88x

Higher debt load relative to assets than 96% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

0.57x

Higher debt load relative to revenue than 93% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

24th percentile

-13%

Higher net margin than 24% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

19th percentile

-28%

Faster asset growth than 19% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-32%

Faster revenue growth than 18% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$53,407

Down $21,191 (-28%) from 2023

Net Assets

Down

-$46,927

Down $23,041 (-96%) from 2023

Liabilities

Up

$100,334

Up $1,850 (+1.9%) from 2023

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin24th percentile

Revenue

Down

$176,319

Down $84,467 (-32%) from 2023

Expenses

Down

$199,360

Down $80,018 (-29%) from 2023

Net Income

Down

-$23,041

Down $4,449 (-24%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$1.0M$500K$0-$500KAssets 2011: $333,548Liabilities 2011: $324,849Net Assets 2011: $8,6992011Assets 2012: $332,530Liabilities 2012: $369,748Net Assets 2012: -$37,2182012Assets 2013: $415,689Liabilities 2013: $434,297Net Assets 2013: -$18,6082013Assets 2014: $371,027Liabilities 2014: $411,927Net Assets 2014: -$40,9002014Assets 2015: $333,910Liabilities 2015: $413,858Net Assets 2015: -$79,9482015Assets 2016: $328,151Liabilities 2016: $485,625Net Assets 2016: -$157,4742016Assets 2017: $305,655Liabilities 2017: $508,118Net Assets 2017: -$202,4632017Assets 2018: $247,102Liabilities 2018: $530,544Net Assets 2018: -$283,4422018Assets 2019: $193,313Liabilities 2019: $547,536Net Assets 2019: -$354,2232019Assets 2020: $189,313Liabilities 2020: $530,164Net Assets 2020: -$340,8512020Assets 2021: $60,175Liabilities 2021: $41,289Net Assets 2021: $18,8862021Assets 2022: $37,907Liabilities 2022: $43,201Net Assets 2022: -$5,2942022Assets 2023: $74,598Liabilities 2023: $98,484Net Assets 2023: -$23,8862023Assets 2024: $53,407Liabilities 2024: $100,334Net Assets 2024: -$46,9272024Assets 2025: $54,690Liabilities 2025: $97,514Net Assets 2025: -$42,8242025

Highlighted filing

2024

Assets$53,407
Liabilities$100,334
Net Assets-$46,927
Open 2024 Filing

Operations Trend

Revenue Growth18th percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $454,5582011Revenue 2012: $451,379Expenses 2012: $497,296Net Income 2012: -$45,9172012Expenses 2013: $554,1152013Revenue 2014: $505,523Expenses 2014: $527,815Net Income 2014: -$22,2922014Revenue 2015: $415,404Expenses 2015: $454,452Net Income 2015: -$39,0482015Revenue 2016: $380,029Expenses 2016: $457,555Net Income 2016: -$77,5262016Revenue 2017: $403,348Expenses 2017: $448,337Net Income 2017: -$44,9892017Revenue 2018: $408,200Expenses 2018: $489,179Net Income 2018: -$80,9792018Revenue 2019: $315,474Expenses 2019: $386,255Net Income 2019: -$70,7812019Revenue 2020: $352,604Expenses 2020: $339,232Net Income 2020: $13,3722020Revenue 2021: $608,057Expenses 2021: $248,320Net Income 2021: $359,7372021Revenue 2022: $241,455Expenses 2022: $265,635Net Income 2022: -$24,1802022Revenue 2023: $260,786Expenses 2023: $279,378Net Income 2023: -$18,5922023Revenue 2024: $176,319Expenses 2024: $199,360Net Income 2024: -$23,0412024Revenue 2025: $200,728Expenses 2025: $190,289Net Income 2025: $10,4392025

Highlighted filing

2024

Revenue$176,319
Expenses$199,360
Net Income-$23,041
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Jan 28, 2025
Return Version
2023v6.0
Gross Receipts
$176,319
Mission and Program Overview

Mission

To supply safe, disciplined school with emphasis on christian morals and beliefs.

Elementary and secondary education faciltiy (grades k-12)

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$56,748$35,948▼ $20,800
Accounts Receivable$17,850$17,459▼ $391
Total Assets$74,598$53,407▼ $21,191
Liabilities
Accounts Payable and Accrued Expenses$98,484$100,334▲ $1,850
Total Liabilities$98,484$100,334▲ $1,850
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-23,886$-46,927▼ $23,041
Total Net Assets Fund Balance$-23,886$-46,927▼ $23,041
Total Liabilities and Net Assets / Fund Balance$74,598$53,407▼ $21,191

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$165,138$165,138
Compensation and Service Providers
Top Officer Pay79th percentile

Board Members and Trustees

NameTitle
Ken SheldonChairman
Jonathan GoodeVice Chairma
David SandersMember
Patsy PaganMember
Shannon ZumwaltSecretary
Casey DunawayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$51,800
Program Service Revenue
$124,513
Investment Income
$6
Other Revenue
$0
All Other Contributions
$51,800
Change in Net Assets
$-23,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$165,853
Other Expenses$33,507
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$128,408$22,660-$151,068
Payroll Taxes$12,567$2,218-$14,785
All Other Expenses$1,722$217-$1,939
Other Expenses$1,644--$1,644
Fees for Services Accounting$12--$12
Total Functional Expenses$174,265$25,095$0$199,360
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Marion Academy Inc
EIN
63-0958471
Phone
0033468382
Address
505 WASHINGTON STREET, MARION, AL 36756

Signing Officer

Name
Ken Sheldon
Title
Chairman
Phone
0033468382
Signed
2025-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Sheldon
Formed
1988
Legal Domicile
Al
Voting Board Members
5
Independent Board Members
5
Employees
26
Volunteers
10

Preparer

Firm
Branum & Co Pc
Address
PO BOX 522, GREENVILLE, AL 36037-0096
Preparer
Glenn E Branum
Phone
3343829620
Raw XML Appendix308 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt098484
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0100334
IRS990/AccountsReceivableGrp/BOYAmt017850
IRS990/AccountsReceivableGrp/EOYAmt017459
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ELEMENTARY AND SECONDARY EDUCATION FACILTIY (GRADES K-12)
IRS990/AllOtherContributionsAmt051800
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0217
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01722
IRS990/AllOtherExpensesGrp/TotalAmt01939
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARION ACADEMY
IRS990/BooksInCareOfDetail/PhoneNum03346838204
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0505 WASHINGTON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MARION
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd036756
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt056748
IRS990/CashNonInterestBearingGrp/EOYAmt035948
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt051800
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06
IRS990/CYOtherExpensesAmt033507
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0124513
IRS990/CYRevenuesLessExpensesAmt0-23041
IRS990/CYSalariesCompEmpBnftPaidAmt0165853
IRS990/CYTotalExpensesAmt0199360
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0176319
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0ELEMENTARY AND SECONDARY EDUCATION FACILITY (GRADES K-12)
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt026
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0174265
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt012
IRS990/FeesForServicesAccountingGrp/TotalAmt012
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0CASEY DUNAWAY
IRS990/Form990PartVIISectionAGrp/PersonNm1JONATHAN GOODE
IRS990/Form990PartVIISectionAGrp/PersonNm2PATSY PAGAN
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID SANDERS
IRS990/Form990PartVIISectionAGrp/PersonNm4KEN SHELDON
IRS990/Form990PartVIISectionAGrp/PersonNm5SHANNON ZUMWALT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0176319
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt06
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0165138
IRS990/LandBldgEquipCostOrOtherBssAmt0165138
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ELEMENTARY AND SECONDARY EDUCATION FACILTIY (GRADES K-12)
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-23886
IRS990/NetAssetsOrFundBalancesEOYAmt0-46927
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-23886
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-46927
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1INSURANCE
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3DUES
IRS990/OtherExpensesGrp/ProgramServicesAmt016378
IRS990/OtherExpensesGrp/ProgramServicesAmt19748
IRS990/OtherExpensesGrp/ProgramServicesAmt23786
IRS990/OtherExpensesGrp/ProgramServicesAmt31644
IRS990/OtherExpensesGrp/TotalAmt016378
IRS990/OtherExpensesGrp/TotalAmt19748
IRS990/OtherExpensesGrp/TotalAmt23786
IRS990/OtherExpensesGrp/TotalAmt31644
IRS990/OtherOrganizationDsc0SCHOOL
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt022660
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0128408
IRS990/OtherSalariesAndWagesGrp/TotalAmt0151068
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02218
IRS990/PayrollTaxesGrp/ProgramServicesAmt012567
IRS990/PayrollTaxesGrp/TotalAmt014785
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KEN SHELDON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0AUXILLARY SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt055626
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt149629
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt219258
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt055626
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt149629
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt219258
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt044424
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt015
IRS990/PYOtherExpensesAmt054415
IRS990/PYProgramServiceRevenueAmt0216347
IRS990/PYRevenuesLessExpensesAmt0-18592
IRS990/PYSalariesCompEmpBnftPaidAmt0224963
IRS990/PYTotalExpensesAmt0279378
IRS990/PYTotalRevenueAmt0260786
IRS990/ReconcilationRevenueExpnssAmt0-23041
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0165138
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0165138
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PUBLICIZED IN LOCAL NEWSPAPER AND ON STATIONERY THAT MARION ACADEMY DOES NOT DISCRIMINATE ON THE BASIS OF "RACE, COLOR NATIONAL, OR ETHNIC ORIGIN."
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt074598
IRS990/TotalAssetsEOYAmt053407
IRS990/TotalAssetsGrp/BOYAmt074598
IRS990/TotalAssetsGrp/EOYAmt053407
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt051800
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025095
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0174265
IRS990/TotalFunctionalExpensesGrp/TotalAmt0199360
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt098484
IRS990/TotalLiabilitiesEOYAmt0100334
IRS990/TotalLiabilitiesGrp/BOYAmt098484
IRS990/TotalLiabilitiesGrp/EOYAmt0100334
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-23886
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-46927
IRS990/TotalProgramServiceExpensesAmt0174265
IRS990/TotalProgramServiceRevenueAmt0124513
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0124519
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0176319
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt074598
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt053407
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEN SHELDON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum00033468382
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARION ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0MARI
ReturnHeader/Filer/EIN0630958471
ReturnHeader/Filer/PhoneNum00033468382
ReturnHeader/Filer/USAddress/AddressLine1Txt0505 WASHINGTON STREET
ReturnHeader/Filer/USAddress/CityNm0MARION
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd036756
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0680564680
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRANUM & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 522
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0360370096
ReturnHeader/PreparerPersonGrp/PhoneNum03343829620
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GLENN E BRANUM
ReturnHeader/ReturnTs02025-02-11T09:25:38-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-06-01
ReturnHeader/TaxPeriodEndDt02024-05-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,407
Liabilities
$100,334
Net assets
-$46,927
Revenue
$176,319
Expenses
$199,360
Net income
-$23,041
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.98$0.43$2.01$1.90$0.10
2024Detailed filing. Detailed filing data is available for this year.$0.53$1.00$0.47$1.76$1.99$0.23
2023Detailed filing. Detailed filing data is available for this year.$0.75$0.98$0.24$2.61$2.79$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.38$0.43$0.05$2.41$2.66$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.60$0.41$0.19$6.08$2.48$3.60
2020Detailed filing. Detailed filing data is available for this year.$1.89$5.30$3.41$3.53$3.39$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.93$5.48$3.54$3.15$3.86$0.71
2018Detailed filing. Detailed filing data is available for this year.$2.47$5.31$2.83$4.08$4.89$0.81
2017Detailed filing. Detailed filing data is available for this year.$3.06$5.08$2.02$4.03$4.48$0.45
2016Detailed filing. Detailed filing data is available for this year.$3.28$4.86$1.57$3.80$4.58$0.78
2015Detailed filing. Detailed filing data is available for this year.$3.34$4.14$0.80$4.15$4.54$0.39
2014Detailed filing. Detailed filing data is available for this year.$3.71$4.12$0.41$5.06$5.28$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.16$4.34$0.19$5.54
2012Summary only. Only limited summary data is available for this year.$3.33$3.70$0.37$4.51$4.97$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.34$3.25$0.09$4.55