Civic Intelligence

Quitman County Educational Foundation Inc.

990 • Fiscal year 2017 • EIN 64-0432952

Jul 01, 2016 to Jun 30, 2017 • Filed on Jul 21, 2017

Organization Profile
P O Box 70Marks, MS 38646

(662) 326-8164

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.21x

Higher debt load relative to assets than 63% of similar nonprofits.

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

Liabilities / Revenue

75th percentile

0.41x

Higher debt load relative to revenue than 75% of similar nonprofits.

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

Net Margin

37th percentile

-0.7%

Higher net margin than 37% of similar nonprofits.

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

Top Officer Pay

60th percentile

$82,102

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

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

Asset Growth

49th percentile

2.9%

Faster asset growth than 49% of similar nonprofits.

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

Revenue Growth

19th percentile

-11%

Faster revenue growth than 19% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$2,218,430

Up $62,124 (+2.9%) from 2016

Net Assets

Down

$1,762,382

Down $7,920 (-0.4%) from 2016

Liabilities

Up

$456,048

Up $70,044 (+18%) from 2016

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin37th percentile

Revenue

Down

$1,119,131

Down $143,903 (-11%) from 2016

Expenses

Up

$1,127,051

Up $7,462 (+0.7%) from 2016

Net Income

Down

-$7,920

Down $151,365 (-106%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,580,400Liabilities 2011: $116,637Net Assets 2011: $1,463,7632011Assets 2012: $1,508,914Liabilities 2012: $123,830Net Assets 2012: $1,385,0842012Assets 2013: $1,675,910Liabilities 2013: $125,895Net Assets 2013: $1,550,0152013Assets 2014: $1,833,655Liabilities 2014: $251,476Net Assets 2014: $1,582,1792014Assets 2015: $1,970,845Liabilities 2015: $343,988Net Assets 2015: $1,626,8572015Assets 2016: $2,156,306Liabilities 2016: $386,004Net Assets 2016: $1,770,3022016Assets 2017: $2,218,430Liabilities 2017: $456,048Net Assets 2017: $1,762,3822017Assets 2018: $2,138,889Liabilities 2018: $528,798Net Assets 2018: $1,610,0912018Assets 2019: $2,096,059Liabilities 2019: $519,772Net Assets 2019: $1,576,2872019Assets 2020: $1,926,839Liabilities 2020: $750,347Net Assets 2020: $1,176,4922020Assets 2021: $1,974,437Liabilities 2021: $846,072Net Assets 2021: $1,128,3652021Assets 2022: $1,769,661Liabilities 2022: $642,639Net Assets 2022: $1,127,0222022Assets 2023: $1,924,388Liabilities 2023: $503,661Net Assets 2023: $1,420,7272023Assets 2024: $1,723,973Liabilities 2024: $387,488Net Assets 2024: $1,336,4852024Assets 2025: $1,703,887Liabilities 2025: $387,382Net Assets 2025: $1,316,5052025

Highlighted filing

2017

Assets$2,218,430
Liabilities$456,048
Net Assets$1,762,382
Open 2017 Filing

Operations Trend

Revenue Growth19th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $949,0772011Revenue 2012: $977,297Expenses 2012: $1,055,976Net Income 2012: -$78,6792012Expenses 2013: $1,079,6872013Revenue 2014: $1,100,573Expenses 2014: $1,068,409Net Income 2014: $32,1642014Revenue 2015: $1,085,833Expenses 2015: $1,041,155Net Income 2015: $44,6782015Revenue 2016: $1,263,034Expenses 2016: $1,119,589Net Income 2016: $143,4452016Revenue 2017: $1,119,131Expenses 2017: $1,127,051Net Income 2017: -$7,9202017Revenue 2018: $1,033,637Expenses 2018: $1,185,928Net Income 2018: -$152,2912018Revenue 2019: $1,223,829Expenses 2019: $1,257,633Net Income 2019: -$33,8042019Revenue 2020: $747,037Expenses 2020: $1,146,832Net Income 2020: -$399,7952020Revenue 2021: $866,505Expenses 2021: $1,080,032Net Income 2021: -$213,5272021Revenue 2022: $1,043,828Expenses 2022: $1,210,573Net Income 2022: -$166,7452022Revenue 2023: $1,310,856Expenses 2023: $1,230,495Net Income 2023: $80,3612023Revenue 2024: $1,192,580Expenses 2024: $1,276,822Net Income 2024: -$84,2422024Revenue 2025: $1,223,070Expenses 2025: $1,243,050Net Income 2025: -$19,9802025

Highlighted filing

2017

Revenue$1,119,131
Expenses$1,127,051
Net Income-$7,920
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jul 21, 2017
Return Version
2016v3.0
Gross Receipts
$1,119,131
Mission and Program Overview

Mission

Administer and operate a school k-3 through 12>

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,770,302$1,762,382▼ $7,920
Investments Other Securities$1,487,747$1,473,043▼ $14,704
Savings and Temporary Cash Investments$436,190$515,916▲ $79,726
Land, Buildings, and Equipment, Net$195,044$198,217▲ $3,173
Accounts Receivable$36,350$30,279▼ $6,071
Cash and Non-Interest-Bearing Accounts$850$850→ $0
Total Assets$2,156,306$2,218,430▲ $62,124
Other Assets Total$125$125→ $0
Liabilities
Accounts Payable and Accrued Expenses$337,418$407,276▲ $69,858
Other Liabilities$48,586$48,772▲ $186
Total Liabilities$386,004$456,048▲ $70,044
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,770,302$1,762,382▼ $7,920
Total Liabilities and Net Assets / Fund Balance$2,156,306$2,218,430▲ $62,124

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$162,630$1,037,037$31,498
Land$35,587--
Other Assets Org$125--
Other Securities$340,713--
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Barrett FinnieHeadmasterFT$82,102$82,102

Board Members and Trustees

NameTitle
Eric PattersonPresident
Gerald WhiteVice-president
Donald H HaynesDirector
Michael R MillsDirector
Ray CrawfordDirector
Woodley C HawkinsSecretary
William M GraeberTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$179,501
Program Service Revenue
$856,024
Investment Income
$44,476
Other Revenue
$39,130
All Other Contributions
$179,501
Change in Net Assets
$-7,920
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$771,894
Other Expenses$353,157
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$567,928$139,241-$707,169
All Other Expenses$95,490$3,756-$99,246
Other Expenses$32,999$56,784-$56,784
Payroll Taxes$44,251$11,063-$55,314
Fees for Services Accounting-$29,250-$29,250
Depreciation Depletion-$28,325-$28,325
Insurance-$22,742-$22,742
Pension Plan Contributions$7,529$1,882-$9,411
Office Expenses-$7,932-$7,932
Grants to Domestic Orgs$2,000--$2,000
Advertising-$1,626-$1,626
Travel-$333-$333
Total Functional Expenses$750,197$376,854$0$1,127,051
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
Pr3paid Tuition-patrons$28,415
Unearned Inc-reg Fee$17,850
Overdraft on Cb&t Bank Account$2,507
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Management duties delegated
No

Governance Explanations

Member election for additional members Part VI line 7A

“The parents of the students at quitman county educational foundation, inc. {delta academy} elects the board of dirctors of the school at the annual meeting in the sring of each year. The board of directors are elected on a staggered basis with some members of the board coming up for election each year.”

Governing body decisions Part VI line 7B

“If the patrons of the school do not approve the decisions that the board of directors make, they may go to the board meeting and appeal the decision. If they still do not receive the satisfaction that they desire, they may elect new directors whenever the directors term expires.”

Form 990 governing body review Part VI line 11

“This form 990 was presented to the board of directors and it was reviewed and discussed before the president of the board of directors signed the return.”

Conflict of interest policy compliance Part VI line 12C

“At the regular monthly board meetings, the directors of the school monitor and enforce compliance with the conflict of interest policy.”

Governing documents etc available to public Part VI line 19

“The organizations conflict of interest policy is made available to the public at the headmasters office located at the school. The financial statements are made available to the public at the accountants office at 244 east main street, marks, mississippi 38646.the organizations governing documents are made available to the public at the headmasters office at the school.”

Filing and Contact Details

Filer

Filer Name
Quitman County Educational Foundati
EIN
64-0432952
Address
P O BOX 70, MARKS, MS 38646

Signing Officer

Name
Eric Patterson
Title
President
Phone
6623266921
Signed
2017-07-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Patterson
Formed
1964
Legal Domicile
Ms
Voting Board Members
7
Independent Board Members
7
Employees
41

Preparer

Firm
Thomas E Clayton Jr Pllc
Address
PO BOX 301, Marks, MS 38646
Preparer
Thomas Clayton Jr
Phone
6623266921
Raw XML AppendixShowing 400 of 430 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/BOYAmt0337418
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0407276
IRS990/AccountsReceivableGrp/BOYAmt036350
IRS990/AccountsReceivableGrp/EOYAmt030279
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ADMINISTER AND OPERATE A SCHOOL K-3 THROUGH 12>
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01626
IRS990/AdvertisingGrp/TotalAmt01626
IRS990/AllOtherContributionsAmt0179501
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03756
IRS990/AllOtherExpensesGrp/ProgramServicesAmt095490
IRS990/AllOtherExpensesGrp/TotalAmt099246
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0WILLIAM M GRAEBER
IRS990/BooksInCareOfDetail/PhoneNum06623268164
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 40
IRS990/BooksInCareOfDetail/USAddress/CityNm0MARKS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038646
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0850
IRS990/CashNonInterestBearingGrp/EOYAmt0850
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0179501
IRS990/CYGrantsAndSimilarPaidAmt02000
IRS990/CYInvestmentIncomeAmt044476
IRS990/CYOtherExpensesAmt0353157
IRS990/CYOtherRevenueAmt039130
IRS990/CYProgramServiceRevenueAmt0856024
IRS990/CYRevenuesLessExpensesAmt0-7920
IRS990/CYSalariesCompEmpBnftPaidAmt0771894
IRS990/CYTotalExpensesAmt01127051
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01119131
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt028325
IRS990/DepreciationDepletionGrp/TotalAmt028325
IRS990/Desc0DELTA ACADEMY, QUITMAN COUNTY EDUCATIONAL FOUNDATION, INC., ESTABLISHED AND CONTINUES TO ADMINISTER AND OPERATE DELTA ACADEMY, A SCHOOL, GRADES K=3 THROUGH 12> ACCREDITED BY THE MISSISSIPPI ASSOCIATION OF INDEPENDENT SCHOOLS. DELTA ACADEMY STRIVES TO PROVIDE A QUALITY EDUCATION TO STUDENTS OF ALL RACES AND ALL NATIONAL ORIGINS AND FROM ALL SOCIAL, ECONOMIC AND RELIGIOUS BACKGROUNDS WHO RESIDE IN QUITMAN COUNTY, MISSISSIPPI, AND THE SURROUNDING AREA.FOR THE 2014-2015 SCHOOL YEAR, DELTA ACADEMY AVERAGED 161 SYUDENTS INCLUDING 16 AFRO AMERICANS STUDENTS. DELTA ACADEMY COMPLIES WITH ALL APPIICABLE LAWS REGARDING AFFIRMATIVE ACTION AND EQUAL OPPORTUNITY IN ALL ITS PROGRAMS AND DOES NOT DISCRIMINATE AGAINST ANYONE PROTECTED BY LAW BECAUSE OF AGE, CREED, COLOR, NATIONAL ORGIN, RACE, RELIGION, SEX, HANDICAO, VETERAN OR OTHER STATUS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt041
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0750197
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt029250
IRS990/FeesForServicesAccountingGrp/TotalAmt029250
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
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/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0ERIC PATTERSON
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM M GRAEBER
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL R MILLS
IRS990/Form990PartVIISectionAGrp/PersonNm3GERALD WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm4WOODLEY C HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm5RAY CRAWFORD
IRS990/Form990PartVIISectionAGrp/PersonNm6DONALD H HAYNES
IRS990/Form990PartVIISectionAGrp/PersonNm7BARRETT FINNIE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt782102
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7HEADMASTER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt02000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01119131
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt022742
IRS990/InsuranceGrp/TotalAmt022742
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt044476
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt044476
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01487747
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01473043
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01037037
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0195044
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0198217
IRS990/LandBldgEquipCostOrOtherBssAmt01235254
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt01128
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt01128
IRS990/MissionDesc0ADMINISTER AND OPERATE A SCHOOL K-3 THROUGH 12>
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01770302
IRS990/NetAssetsOrFundBalancesEOYAmt01762382
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07932
IRS990/OfficeExpensesGrp/TotalAmt07932
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0125
IRS990/OtherAssetsTotalGrp/EOYAmt0125
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TEACHERS & STUDENTS SUPPLIES
IRS990/OtherExpensesGrp/Desc1BUS-FUEL-OIL AND REPAIR
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3FINDERS FEES AND REBATES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011058
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt162862
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt256784
IRS990/OtherExpensesGrp/ProgramServicesAmt032999
IRS990/OtherExpensesGrp/TotalAmt032999
IRS990/OtherExpensesGrp/TotalAmt111058
IRS990/OtherExpensesGrp/TotalAmt262862
IRS990/OtherExpensesGrp/TotalAmt356784
IRS990/OtherLiabilitiesGrp/BOYAmt048586
IRS990/OtherLiabilitiesGrp/EOYAmt048772
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1611710
IRS990/OtherRevenueMiscGrp/BusinessCd2611710
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/Desc1CAFETERIA INCOME
IRS990/OtherRevenueMiscGrp/Desc2SOFT DRINK INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt036139
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11863
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt036139
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11863
IRS990/OtherRevenueTotalAmt039130
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0139241
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0567928
IRS990/OtherSalariesAndWagesGrp/TotalAmt0707169
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011063
IRS990/PayrollTaxesGrp/ProgramServicesAmt044251
IRS990/PayrollTaxesGrp/TotalAmt055314
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01882
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07529
IRS990/PensionPlanContributionsGrp/TotalAmt09411
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ERIC PATTERSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1ATHLETIC INCOME
IRS990/ProgramServiceRevenueGrp/Desc2DRIVERS EDUCATION IN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0832515
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt123509
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0832515
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt123509
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0152469
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02000
IRS990/PYInvestmentIncomeAmt0147901
IRS990/PYOtherExpensesAmt0348906
IRS990/PYOtherRevenueAmt0116852
IRS990/PYProgramServiceRevenueAmt0845812
IRS990/PYRevenuesLessExpensesAmt0143445
IRS990/PYSalariesCompEmpBnftPaidAmt0768683
IRS990/PYTotalExpensesAmt01119589
IRS990/PYTotalRevenueAmt01263034
IRS990/QuidProQuoContributionsInd0false
IRS990/ReconcilationRevenueExpnssAmt0-7920
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01119131
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01770302
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01762382
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0436190
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0515916
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/BookValueAmt0162630
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01037037
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01168169
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt031498
IRS990ScheduleD/LandGrp/BookValueAmt035587
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt035587
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0125
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0UTILITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02507
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt117850
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt228415
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OVERDRAFT ON CB&T BANK ACCOUNT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNEARNED INC-REG FEE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PR3PAID TUITION-PATRONS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01034095
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt198235
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2340713
IRS990ScheduleD/OtherSecuritiesGrp/Desc0UBS TEACHERS ENRICHMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1UBS TEACHERS FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc2UBS TEACHERS HEALTH INSURANCE
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0198217
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0125
IRS990ScheduleD/TotalBookValueSecuritiesAmt01473043
IRS990ScheduleD/TotalLiabilityAmt048772
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
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PARENTS OF THE STUDENTS AT QUITMAN COUNTY EDUCATIONAL FOUNDATION, INC. {DELTA ACADEMY} ELECTS THE BOARD OF DIRCTORS OF THE SCHOOL AT THE ANNUAL MEETING IN THE SRING OF EACH YEAR. THE BOARD OF DIRECTORS ARE ELECTED ON A STAGGERED BASIS WITH SOME MEMBERS OF THE BOARD COMING UP FOR ELECTION EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IF THE PATRONS OF THE SCHOOL DO NOT APPROVE THE DECISIONS THAT THE BOARD OF DIRECTORS MAKE, THEY MAY GO TO THE BOARD MEETING AND APPEAL THE DECISION. IF THEY STILL DO NOT RECEIVE THE SATISFACTION THAT THEY DESIRE, THEY MAY ELECT NEW DIRECTORS WHENEVER THE DIRECTORS TERM EXPIRES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THIS FORM 990 WAS PRESENTED TO THE BOARD OF DIRECTORS AND IT WAS REVIEWED AND DISCUSSED BEFORE THE PRESIDENT OF THE BOARD OF DIRECTORS SIGNED THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT THE REGULAR MONTHLY BOARD MEETINGS, THE DIRECTORS OF THE SCHOOL MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATIONS CONFLICT OF INTEREST POLICY IS MADE AVAILABLE TO THE PUBLIC AT THE HEADMASTERS OFFICE LOCATED AT THE SCHOOL. THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC AT THE ACCOUNTANTS OFFICE AT 244 EAST MAIN STREET, MARKS, MISSISSIPPI 38646.THE ORGANIZATIONS GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC AT THE HEADMASTERS OFFICE AT THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02156306
IRS990/TotalAssetsEOYAmt02218430
IRS990/TotalAssetsGrp/BOYAmt02156306
IRS990/TotalAssetsGrp/EOYAmt02218430
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0179501
IRS990/TotalEmployeeCnt041
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0376854
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0750197
IRS990/TotalFunctionalExpensesGrp/TotalAmt01127051
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0386004
IRS990/TotalLiabilitiesEOYAmt0456048
IRS990/TotalLiabilitiesGrp/BOYAmt0386004
IRS990/TotalLiabilitiesGrp/EOYAmt0456048
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01770302
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01762382
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0750197
IRS990/TotalProgramServiceRevenueAmt0856024
IRS990/TotalReportableCompFromOrgAmt082102
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0939630
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01119131
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02156306
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02218430
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt0333
IRS990/TravelGrp/TotalAmt0333
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0320 DOAK THORNTON DRIVE
IRS990/USAddress/CityNm0Sledge
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd038670
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC PATTERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06623266921

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,218,430
Liabilities
$456,048
Net assets
$1,762,382
Revenue
$1,119,131
Expenses
$1,127,051
Net income
-$7,920
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.39$1.32$1.22$1.24$0.02
2024Summary only. Only limited summary data is available for this year.$1.72$0.39$1.34$1.19$1.28$0.08
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$0.50$1.42$1.31$1.23$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.64$1.13$1.04$1.21$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.97$0.85$1.13$0.87$1.08$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.75$1.18$0.75$1.15$0.40
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$0.52$1.58$1.22$1.26$0.03
2018Summary only. Only limited summary data is available for this year.$2.14$0.53$1.61$1.03$1.19$0.15
2017Detailed filing. Detailed filing data is available for this year.$2.22$0.46$1.76$1.12$1.13$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.16$0.39$1.77$1.26$1.12$0.14
2015Detailed filing. Detailed filing data is available for this year.$1.97$0.34$1.63$1.09$1.04$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.83$0.25$1.58$1.10$1.07$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.13$1.55$1.08
2012Summary only. Only limited summary data is available for this year.$1.51$0.12$1.39$0.98$1.06$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.12$1.46$0.95
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $1M-$5M nonprofits