Civic Intelligence

Edgewood Academy Inc.

990 • Fiscal year 2018 • EIN 63-1035437

Jun 01, 2017 to May 31, 2018 • Filed on Oct 15, 2018

Organization ProfileWWW.EDGEWOODACADEMY.ORG

View Organization Page

PO Box 160Elmore, AL 36025

(334) 567-5102

Siviq Scores

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

Liabilities / Assets

88th percentile

0.79x

Higher debt load relative to assets than 88% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

0.46x

Higher debt load relative to revenue than 77% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

37th percentile

-0.9%

Higher net margin than 37% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

70th percentile

$102,875

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

27th percentile

-4.1%

Faster asset growth than 27% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

50th percentile

3.8%

Faster revenue growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$1,187,284

Down $50,653 (-4.1%) from 2017

Net Assets

Down

$249,000

Down $18,109 (-6.8%) from 2017

Liabilities

Down

$938,284

Down $32,544 (-3.4%) from 2017

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin37th percentile

Revenue

Up

$2,048,987

Up $74,441 (+3.8%) from 2017

Expenses

Down

$2,067,096

Down $156,440 (-7.0%) from 2017

Net Income

Up

-$18,109

Up $230,881 (+93%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $1,233,073Liabilities 2011: $916,918Net Assets 2011: $316,1552011Assets 2012: $1,199,717Liabilities 2012: $927,179Net Assets 2012: $272,5382012Assets 2013: $1,155,083Liabilities 2013: $861,574Net Assets 2013: $293,5092013Assets 2014: $1,223,935Liabilities 2014: $861,670Net Assets 2014: $362,2652014Assets 2015: $1,351,610Liabilities 2015: $872,969Net Assets 2015: $478,6412015Assets 2016: $1,369,801Liabilities 2016: $853,702Net Assets 2016: $516,0992016Assets 2017: $1,237,937Liabilities 2017: $970,828Net Assets 2017: $267,1092017Assets 2018: $1,187,284Liabilities 2018: $938,284Net Assets 2018: $249,0002018Assets 2019: $1,231,370Liabilities 2019: $918,928Net Assets 2019: $312,4422019Assets 2020: $1,382,776Liabilities 2020: $1,235,677Net Assets 2020: $147,0992020Assets 2021: $1,210,336Liabilities 2021: $988,249Net Assets 2021: $222,0872021Assets 2022: $1,160,738Liabilities 2022: $983,714Net Assets 2022: $177,0242022Assets 2023: $1,067,780Liabilities 2023: $1,033,980Net Assets 2023: $33,8002023Assets 2024: $1,125,603Liabilities 2024: $972,301Net Assets 2024: $153,3022024Assets 2025: $1,033,885Liabilities 2025: $901,642Net Assets 2025: $132,2432025

Highlighted filing

2018

Assets$1,187,284
Liabilities$938,284
Net Assets$249,000
Open 2018 Filing

Operations Trend

Revenue Growth50th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,873,0652011Expenses 2012: $1,952,4562012Expenses 2013: $1,967,7922013Revenue 2014: $2,084,347Expenses 2014: $2,015,591Net Income 2014: $68,7562014Revenue 2015: $2,214,977Expenses 2015: $2,098,601Net Income 2015: $116,3762015Revenue 2016: $2,412,500Expenses 2016: $2,375,042Net Income 2016: $37,4582016Revenue 2017: $1,974,546Expenses 2017: $2,223,536Net Income 2017: -$248,9902017Revenue 2018: $2,048,987Expenses 2018: $2,067,096Net Income 2018: -$18,1092018Revenue 2019: $1,992,077Expenses 2019: $1,928,635Net Income 2019: $63,4422019Revenue 2020: $1,712,099Expenses 2020: $1,877,442Net Income 2020: -$165,3432020Revenue 2021: $2,024,253Expenses 2021: $1,949,265Net Income 2021: $74,9882021Revenue 2022: $1,981,326Expenses 2022: $2,026,389Net Income 2022: -$45,0632022Revenue 2023: $1,984,539Expenses 2023: $2,127,763Net Income 2023: -$143,2242023Revenue 2024: $2,060,417Expenses 2024: $1,940,915Net Income 2024: $119,5022024Revenue 2025: $2,028,058Expenses 2025: $2,049,117Net Income 2025: -$21,0592025

Highlighted filing

2018

Revenue$2,048,987
Expenses$2,067,096
Net Income-$18,109
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Oct 15, 2018
Return Version
2017v2.3
Gross Receipts
$2,048,987
Mission and Program Overview

Mission

Edgewood academy provides students with a comprehensive college preparatory education in a safe and supportive environment, preparing students for a future of lifelong learning and productive citizenship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,057,873$1,037,760▼ $20,113
Pd in Cap Srpls Land Bldg Eqp Fund$464,745$464,745→ $0
Cash and Non-Interest-Bearing Accounts$82,696$79,765▼ $2,931
Accounts Receivable$86,918$60,113▼ $26,805
Intangible Assets$10,450$9,646▼ $804
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-197,636$-215,745▼ $18,109
Total Assets$1,237,937$1,187,284▼ $50,653
Liabilities
Mortgage Notes Payable Secured by Investment Property$793,641$779,204▼ $14,437
Other Liabilities$163,122$116,531▼ $46,591
Accounts Payable and Accrued Expenses$14,065$42,549▲ $28,484
Total Liabilities$970,828$938,284▼ $32,544
Net Assets / Fund Balance
Total Net Assets Fund Balance$267,109$249,000▼ $18,109
Total Liabilities and Net Assets / Fund Balance$1,237,937$1,187,284▼ $50,653

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$752,904$1,390,586-
Land$194,512--
Equipment$90,344$486,362-
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Clint WelchHead of SchoolFT$102,875$102,875

Board Members and Trustees

NameTitle
Bart MercerChairman & Trustee
Keith BarnettVice-chairman & Trustee
Kim MaddoxAsst. Treasurer & Trustee
Ricky RobertsSecretary & Trustee
Leslie WeldonTreasurer & Trustee
Andrea AbernrathyTrustee
Carey DennisTrustee
Chip BrownTrustee
Clint PeevyTrustee
Daniel ThompsonTrustee
Leon AllisonTrustee
Marc MchenryTrustee
Roger BentonTrustee
Susan JamesTrustee
Travis RodieTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$51,485
Program Service Revenue
$1,915,788
Investment Income
$0
Other Revenue
$81,714
All Other Contributions
$51,485
Change in Net Assets
$-18,109
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,174,673
Other Expenses$892,423
Total Fundraising Expense$51,710
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$787,246$74,500$479$862,225
Current Officers, Directors, Trustees, and Key Employees$127,522$62,178$20,575$210,275
Depreciation Depletion$80,036$11,168$1,861$93,065
Occupancy$74,243$12,713$4,238$91,194
Payroll Taxes$72,417$10,105$1,684$84,206
Insurance$52,431$7,923$1,125$61,479
Interest$32,894$4,590$765$38,249
Office Expenses$9,480$23,419$217$33,116
Pension Plan Contributions$15,452$2,156$359$17,967
Information Technology$11,100$2,567$693$14,360
Travel$12,186$894$149$13,229
Fees for Services Accounting-$8,936-$8,936
Advertising$8,428--$8,428
Other Expenses$3,235$68,169$16,309$3,235
All Other Expenses$502$1,559-$2,061
Total Functional Expenses$1,700,370$315,016$51,710$2,067,096
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Tuition Revenue$99,953
Payroll Related Payables$16,578
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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 academy has members which are comprised of the parents of attending students.”

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

“Each member shall be entitled to one vote on each matter submitted to a vote of the members.”

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

“The 990 is forwarded in draft form for review and approval by the board before final form 990 is submitted to the irs.”

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

“The purpose of the conflict of interest policy is to protect edgewood academy's (ea) potential tax exempt interest of an officer or director of ea, or might result in a possible excess benefit transaction. This policy is intended to supplement, but not replace any applicable state and federal laws governing conflict of interest applicable to nonprofit and charitable organizations.”

Form 990, Part VI, Section C, Line 19

“Form 1023 is on file at the school and is made available as requested.”

Filing and Contact Details

Filer

Filer Name
Edgewood Academy Inc
EIN
63-1035437
Phone
3345675102
Address
PO BOX 160, ELMORE, AL 36025

Signing Officer

Name
Bart Mercer
Title
Chairman and Trustee
Phone
3345675102
Signed
2018-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Clint Welch
Formed
1967
Legal Domicile
Al
Voting Board Members
15
Independent Board Members
15
Employees
53
Volunteers
0

Preparer

Firm
Jackson Thornton & Co Pc
Address
194 FORT TOULOUSE ROAD, WETUMPKA, AL 36092
Preparer
Daniel Thompson
Phone
3345673400
Raw XML AppendixShowing 400 of 490 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.

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IRS990/IntangibleAssetsGrp/EOYAmt09646
IRS990/InterestGrp/FundraisingAmt0765
IRS990/InterestGrp/ManagementAndGeneralAmt04590
IRS990/InterestGrp/ProgramServicesAmt032894
IRS990/InterestGrp/TotalAmt038249
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01876948
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01057873
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01037760
IRS990/LandBldgEquipCostOrOtherBssAmt02914708
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0EDGEWOOD ACADEMY PROVIDES STUDENTS WITH A COMPREHENSIVE COLLEGE PREPARATORY EDUCATION IN A SAFE AND SUPPORTIVE ENVIRONMENT, PREPARING STUDENTS FOR A FUTURE OF LIFELONG LEARNING AND PRODUCTIVE CITIZENSHIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0793641
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0779204
IRS990/NetAssetsOrFundBalancesBOYAmt0267109
IRS990/NetAssetsOrFundBalancesEOYAmt0249000
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt04238
IRS990/OccupancyGrp/ManagementAndGeneralAmt012713
IRS990/OccupancyGrp/ProgramServicesAmt074243
IRS990/OccupancyGrp/TotalAmt091194
IRS990/OfficeExpensesGrp/FundraisingAmt0217
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt023419
IRS990/OfficeExpensesGrp/ProgramServicesAmt09480
IRS990/OfficeExpensesGrp/TotalAmt033116
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ATHLETIC PROGRAM EXPENS
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL PROGRAM EXP
IRS990/OtherExpensesGrp/Desc2LUNCH PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc3PARENT-TEACHER ASSOCIAT
IRS990/OtherExpensesGrp/FundraisingAmt03256
IRS990/OtherExpensesGrp/FundraisingAmt116309
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt024139
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt168169
IRS990/OtherExpensesGrp/ProgramServicesAmt0223571
IRS990/OtherExpensesGrp/ProgramServicesAmt1114156
IRS990/OtherExpensesGrp/ProgramServicesAmt275471
IRS990/OtherExpensesGrp/ProgramServicesAmt33235
IRS990/OtherExpensesGrp/TotalAmt0250966
IRS990/OtherExpensesGrp/TotalAmt1198634
IRS990/OtherExpensesGrp/TotalAmt275471
IRS990/OtherExpensesGrp/TotalAmt33235
IRS990/OtherLiabilitiesGrp/BOYAmt0163122
IRS990/OtherLiabilitiesGrp/EOYAmt0116531
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt081714
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt081714
IRS990/OtherRevenueTotalAmt081714
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0479
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt074500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0787246
IRS990/OtherSalariesAndWagesGrp/TotalAmt0862225
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01684
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010105
IRS990/PayrollTaxesGrp/ProgramServicesAmt072417
IRS990/PayrollTaxesGrp/TotalAmt084206
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0464745
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0464745
IRS990/PensionPlanContributionsGrp/FundraisingAmt0359
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02156
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt015452
IRS990/PensionPlanContributionsGrp/TotalAmt017967
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CLINT WELCH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION /ACADEMIC FEES
IRS990/ProgramServiceRevenueGrp/Desc1ATHLETIC INCOME
IRS990/ProgramServiceRevenueGrp/Desc2AUXILIARY SERVICES
IRS990/ProgramServiceRevenueGrp/Desc3CHILDCARE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01490852
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1262490
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2138646
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt323800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01490852
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1262490
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2138646
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt323800
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt011545
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07511
IRS990/PYOtherExpensesAmt0912516
IRS990/PYOtherRevenueAmt067695
IRS990/PYProgramServiceRevenueAmt01887795
IRS990/PYRevenuesLessExpensesAmt0-248990
IRS990/PYSalariesCompEmpBnftPaidAmt01311020
IRS990/PYTotalExpensesAmt02223536
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01974546
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-18109
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01997502
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-197636
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-215745
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0752904
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01390586
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02143490
IRS990ScheduleD/EquipmentGrp/BookValueAmt090344
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0486362
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0576706
IRS990ScheduleD/LandGrp/BookValueAmt0194512
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0194512
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016578
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt199953
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL RELATED PAYABLES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED TUITION REVENUE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01037760
IRS990ScheduleD/TotalLiabilityAmt0116531
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PUBLISHED IN LOCAL NEWSPAPER - (WETUMPKA HERALD)
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY HAS MEMBERS WHICH ARE COMPRISED OF THE PARENTS OF ATTENDING STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER SHALL BE ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS FORWARDED IN DRAFT FORM FOR REVIEW AND APPROVAL BY THE BOARD BEFORE FINAL FORM 990 IS SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO PROTECT EDGEWOOD ACADEMY'S (EA) POTENTIAL TAX EXEMPT INTEREST OF AN OFFICER OR DIRECTOR OF EA, OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION. THIS POLICY IS INTENDED TO SUPPLEMENT, BUT NOT REPLACE ANY APPLICABLE STATE AND FEDERAL LAWS GOVERNING CONFLICT OF INTEREST APPLICABLE TO NONPROFIT AND CHARITABLE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 1023 IS ON FILE AT THE SCHOOL AND IS MADE AVAILABLE AS REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,187,284
Liabilities
$938,284
Net assets
$249,000
Revenue
$2,048,987
Expenses
$2,067,096
Net income
-$18,109
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.03$0.90$0.13$2.03$2.05$0.02
2024Detailed filing. Detailed filing data is available for this year.$1.13$0.97$0.15$2.06$1.94$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.07$1.03$0.03$1.98$2.13$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.16$0.98$0.18$1.98$2.03$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.21$0.99$0.22$2.02$1.95$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.38$1.24$0.15$1.71$1.88$0.17
2019Detailed filing. Detailed filing data is available for this year.$1.23$0.92$0.31$1.99$1.93$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.19$0.94$0.25$2.05$2.07$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.24$0.97$0.27$1.97$2.22$0.25
2016Detailed filing. Detailed filing data is available for this year.$1.37$0.85$0.52$2.41$2.38$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.35$0.87$0.48$2.21$2.10$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.22$0.86$0.36$2.08$2.02$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.86$0.29$1.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.93$0.27$1.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.92$0.32$1.87