Civic Intelligence

Holy Cross Episcopal School Inc

990 • Fiscal year 2017 • EIN 63-1187752

Aug 01, 2016 to Jul 31, 2017 • Filed on Jun 01, 2018

4400 Bell RoadMontgomery, AL 36124

(334) 395-8222

Siviq Scores

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

Liabilities / Assets

78th percentile

0.45x

Higher debt load relative to assets than 78% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

89th percentile

1.64x

Higher debt load relative to revenue than 89% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

18th percentile

-12%

Higher net margin than 18% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

23rd percentile

-3.7%

Faster asset growth than 23% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

28th percentile

-4.2%

Faster revenue growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Flat

$3,368,120

Flat from 2017

Net Assets

Flat

$1,845,068

Flat from 2017

Liabilities

Flat

$1,523,052

Flat from 2017

Revenue

Flat

$927,934

Flat from 2017

Expenses

Flat

$1,041,166

Flat from 2017

Net Income

Flat

-$113,232

Flat from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,434,189Liabilities 2010: $1,534,900Net Assets 2010: $2,899,2892010Assets 2011: $4,291,607Liabilities 2011: $1,499,102Net Assets 2011: $2,792,5052011Assets 2012: $4,095,413Liabilities 2012: $1,468,177Net Assets 2012: $2,627,2362012Assets 2013: $4,081,877Liabilities 2013: $1,585,374Net Assets 2013: $2,496,5032013Assets 2014: $3,873,621Liabilities 2014: $1,582,176Net Assets 2014: $2,291,4452014Assets 2015: $3,666,618Liabilities 2015: $1,585,076Net Assets 2015: $2,081,5422015Assets 2016: $3,498,921Liabilities 2016: $1,538,629Net Assets 2016: $1,960,2922016Assets 2017: $3,368,120Liabilities 2017: $1,523,052Net Assets 2017: $1,845,0682017Assets 2017: $3,368,120Liabilities 2017: $1,523,052Net Assets 2017: $1,845,0682017Assets 2018: $3,121,635Liabilities 2018: $1,388,842Net Assets 2018: $1,732,7932018Assets 2019: $3,164,451Liabilities 2019: $1,313,063Net Assets 2019: $1,851,3882019

Highlighted filing

2017

Assets$3,368,120
Liabilities$1,523,052
Net Assets$1,845,068

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,505,2162010Expenses 2011: $1,500,7452011Revenue 2012: $1,354,106Expenses 2012: $1,478,975Net Income 2012: -$124,8692012Revenue 2013: $1,133,858Expenses 2013: $1,322,030Net Income 2013: -$188,1722013Revenue 2014: $1,391,083Expenses 2014: $1,596,834Net Income 2014: -$205,7512014Revenue 2015: $1,180,162Expenses 2015: $1,389,013Net Income 2015: -$208,8512015Revenue 2016: $968,165Expenses 2016: $1,089,415Net Income 2016: -$121,2502016Revenue 2017: $927,934Expenses 2017: $1,041,166Net Income 2017: -$113,2322017Revenue 2017: $927,934Expenses 2017: $1,041,166Net Income 2017: -$113,2322017Revenue 2018: $872,342Expenses 2018: $984,619Net Income 2018: -$112,2772018Revenue 2019: $852,039Expenses 2019: $733,444Net Income 2019: $118,5952019

Highlighted filing

2017

Revenue$927,934
Expenses$1,041,166
Net Income-$113,232
Jump To
Filing Snapshot
Filing Period
Aug 1, 2016 to Jul 31, 2017
Signed
Jun 1, 2018
Return Version
2016v3.0
Gross Receipts
$969,869
Mission and Program Overview

Mission

Recognizing the God-given gifts and abilities of all persons, seeks to develop these gifts by creating a Christian community in the Episcopal tradition and by providing a nurturing environment in which students of all socioeconomic and ethnic backgrounds grow spiritually, intellectually, and physcially.

Operation of an Episcopal School in Montgomery, Alabama

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,298,528$3,200,984▼ $97,544
Accounts Receivable$129,806$129,810▲ $4
Cash and Non-Interest-Bearing Accounts$39,799$29,627▼ $10,172
Prepaid Expenses and Deferred Charges$4,685$4,685→ $0
Savings and Temporary Cash Investments$26,103$3,014▼ $23,089
Total Assets$3,498,921$3,368,120▼ $130,801
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,414,330$1,379,478▼ $34,852
Deferred Revenue$107,819$106,751▼ $1,068
Accounts Payable and Accrued Expenses$16,480$36,823▲ $20,343
Total Liabilities$1,538,629$1,523,052▼ $15,577
Net Assets / Fund Balance
Unrestricted Net Assets$1,926,100$1,816,224▼ $109,876
Temporarily Rstr Net Assets$32,967$27,619▼ $5,348
Permanently Rstr Net Assets$1,225$1,225→ $0
Total Net Assets Fund Balance$1,960,292$1,845,068▼ $115,224
Total Liabilities and Net Assets / Fund Balance$3,498,921$3,368,120▼ $130,801

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,293,377$1,445,879$3,739,256
Land$903,000-$903,000
Equipment$4,607$195,116$199,723

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,000---$1,000
2015$1,000---$1,000
2014$1,000---$1,000
2013$1,000---$1,000
2012-$1,000--$1,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jonie ChamplinPTF President
Ann MontgomeryBoard Member
Bob HenniganBoard Member
Brian GaryBoard Member
Cathy BrownBoard Member
Dorothy ArringtonBoard Member
Hattie Boo JohnstonBoard Member
Helen WellsBoard Member
Jim MarshallBoard Member
Jimmy PoolBoard Member
Jo-Ann HolstonBoard Member
Nancy BradfordBoard Member
Phillip BrownBoard Member
R Scott WilliamsBoard Member
Sarah ChandlerBoard Member
Sharon GarrisonBoard Member
Todd WesthauserBoard Member
Kathy TaylorPrincipal-Ex-Officio
Revenue and Support

Revenue Composition

Contributions and Grants
$330,009
Program Service Revenue
$639,839
Investment Income
$21
Other Revenue
$-41,935
All Other Contributions
$251,105
Change in Net Assets
$-113,232
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$596,135
Other Expenses$372,930
Grants and Similar Amounts Paid$72,101
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$112,927$435,265-$548,192
Depreciation Depletion$9,755$87,790-$97,545
Grants to Domestic Individuals$72,101--$72,101
Interest$51,051$5,672-$56,723
Payroll Taxes$28,587$10,573-$39,160
Information Technology$21,516$2,391-$23,907
Advertising$14,696--$14,696
Other Expenses$12,867$22,170-$12,867
Other Employee Benefits$5,902$2,183-$8,085
Fees for Services Other-$2,703-$2,703
Pension Plan Contributions$510$188-$698
Conferences and Meetings$309--$309
Fees for Services Accounting-$205-$205
Total Functional Expenses$465,799$575,367$0$1,041,166
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$41,935
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Low Country Boil$78,904-$41,935-
Total Events$78,904-$41,935$-41,935
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
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, Part VI, Section B, line 11B

Form 990 reviewed by Finance Director

Form 990, Part VI, Section C, line 19

Available by request.

Filing and Contact Details

Filer

Filer Name
Holy Cross Episcopal School Inc
EIN
63-1187752
Phone
3343958222
Address
4400 Bell Road, Montgomery, AL 36124

Signing Officer

Name
Myles Wright
Title
Business Manager
Phone
3343958222
Signed
2018-06-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Myles Wright
Formed
1998
Legal Domicile
Al
Voting Board Members
18
Independent Board Members
16
Employees
27
Volunteers
21

Preparer

Firm
Parker Gill Eisen & Stevenson Pc
Address
4228 Lomac Street, Montgomery, AL 36106
Preparer
Julia L Stevenson
Phone
3342708061
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

To service debt and operations of the school.

Part XI, Line 2D - Other Adjustments:

direct fundraising recorded as expense on financial statements

Part XII, Line 2D - Other Adjustments:

direct fundraising recorded as expense on financial statements

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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/NetAssetsOrFundBalancesEOYAmt01845068
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-41935
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-41935
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1992
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02183
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05902
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08085
IRS990/OtherExpensesGrp/Desc0CLASSROOM SUPPLIES
IRS990/OtherExpensesGrp/Desc1REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2Administrative Expenses
IRS990/OtherExpensesGrp/Desc3Educational EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06227
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt122170
IRS990/OtherExpensesGrp/ProgramServicesAmt079537
IRS990/OtherExpensesGrp/ProgramServicesAmt156041
IRS990/OtherExpensesGrp/ProgramServicesAmt212867
IRS990/OtherExpensesGrp/TotalAmt079537
IRS990/OtherExpensesGrp/TotalAmt162268
IRS990/OtherExpensesGrp/TotalAmt222170
IRS990/OtherExpensesGrp/TotalAmt312867
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0435265
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0112927
IRS990/OtherSalariesAndWagesGrp/TotalAmt0548192
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010573
IRS990/PayrollTaxesGrp/ProgramServicesAmt028587
IRS990/PayrollTaxesGrp/TotalAmt039160
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0188
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0510
IRS990/PensionPlanContributionsGrp/TotalAmt0698
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01225
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01225
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04685
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04685
IRS990/PrincipalOfficerNm0Myles Wright
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
IRS990/ProgramServiceRevenueGrp/Desc1Extended Day Fees
IRS990/ProgramServiceRevenueGrp/Desc2Student Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0590895
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt136329
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt212615
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0590895
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt136329
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt212615
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0352393
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt060550
IRS990/PYInvestmentIncomeAmt032
IRS990/PYOtherExpensesAmt0430558
IRS990/PYOtherRevenueAmt0-35244
IRS990/PYProgramServiceRevenueAmt0650984
IRS990/PYRevenuesLessExpensesAmt0-121250
IRS990/PYSalariesCompEmpBnftPaidAmt0598307
IRS990/PYTotalExpensesAmt01089415
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0968165
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-113232
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0639860
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026103
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03014
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02293377
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01445879
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03739256
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt04607
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0195116
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0199723
IRS990ScheduleD/LandGrp/BookValueAmt0903000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0903000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0To service debt and operations of the school.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1direct fundraising recorded as expense on financial statements
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2direct fundraising recorded as expense on financial statements
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03200984
IRS990ScheduleE/ComplianceWithRevProc7550Ind00
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/ExplanationTxt0See Part II
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The following statement is publicized in the local newspapers and in all promotional material. "The Holy Cross Episcopal School admits students of any race, color, national and ethnic origin to all the rights, privileges, programs and activites generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, national and ethnic origin in the administration of its eduational policies, admissions policies, scholarship and loan programs, and athletic and other school administered programs."
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 7
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt078904

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