Civic Intelligence

Quitman County Educational Foundation Inc.

990 • Fiscal year 2018 • EIN 64-0432952

Jul 01, 2017 to Jun 30, 2018 • Filed on Jul 25, 2018

Organization Profile
P O Box 70Marks, MS 38646

(662) 326-8164

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$2,138,889

Flat from 2018

Net Assets

Flat

$1,610,091

Flat from 2018

Liabilities

Flat

$528,798

Flat from 2018

Revenue And Expenses

Revenue

Flat

$1,033,637

Flat from 2018

Expenses

Flat

$1,185,928

Flat from 2018

Net Income

Flat

-$152,291

Flat from 2018

Historical Trend

Balance Sheet Trend

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 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

2018

Assets$2,138,889
Liabilities$528,798
Net Assets$1,610,091
Open 2018 Filing

Operations Trend

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 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

2018

Revenue$1,033,637
Expenses$1,185,928
Net Income-$152,291
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jul 25, 2018
Return Version
2017v2.2
Gross Receipts
$1,033,637
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$1,762,382$1,610,091▼ $152,291
Investments Other Securities$1,473,043$1,345,458▼ $127,585
Savings and Temporary Cash Investments$515,916$564,193▲ $48,277
Land, Buildings, and Equipment, Net$198,217$171,597▼ $26,620
Accounts Receivable$30,279$43,261▲ $12,982
Cash and Non-Interest-Bearing Accounts$850$14,255▲ $13,405
Total Assets$2,218,430$2,138,889▼ $79,541
Other Assets Total$125$125→ $0
Liabilities
Accounts Payable and Accrued Expenses$407,276$466,192▲ $58,916
Other Liabilities$48,772$62,606▲ $13,834
Total Liabilities$456,048$528,798▲ $72,750
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,762,382$1,610,091▼ $152,291
Total Liabilities and Net Assets / Fund Balance$2,218,430$2,138,889▼ $79,541

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$-274,438$1,064,356-
Land$35,587--
Equipment$410,448--
Other Assets Org$125--
Other Securities$1,345,458--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Barrett FinnieHeadmasterFT$82,352$82,352

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$116,121
Program Service Revenue
$760,955
Investment Income
$107,804
Other Revenue
$48,757
All Other Contributions
$116,121
Change in Net Assets
$-152,291
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$806,973
Other Expenses$376,955
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$596,886$142,207-$739,093
All Other Expenses$117,023$2,039-$119,062
Other Expenses$59,154$65,561-$59,154
Payroll Taxes$47,060$10,879-$57,939
Fees for Services Accounting-$29,250-$29,250
Depreciation Depletion-$27,319-$27,319
Insurance-$26,046-$26,046
Pension Plan Contributions$9,941--$9,941
Office Expenses-$7,291-$7,291
Payments to Affiliates$4,631--$4,631
Advertising-$3,244-$3,244
Grants to Domestic Orgs$2,000--$2,000
Total Functional Expenses$872,092$313,836$0$1,185,928
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
Prepaid Tuition-patrons$42,656
Unearned Inc-reg Fee$19,950
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
2018-07-25
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
35

Preparer

Firm
Thomas E Clayton Jr Pllc
Address
PO BOX 301, Marks, MS 38646
Preparer
Thomas E Clayton Jr
Phone
6623266921
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

“Athletic suppples 27712utilities 49850taxes 319janitorial supples 7062”

Raw XML AppendixShowing 400 of 413 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/BOYAmt0407276
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0466192
IRS990/AccountsReceivableGrp/BOYAmt030279
IRS990/AccountsReceivableGrp/EOYAmt043261
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ADMINISTER AND OPERATE A SCHOOL K-3 THROUGH 12>
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03244
IRS990/AdvertisingGrp/TotalAmt03244
IRS990/AllOtherContributionsAmt0116121
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02039
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0117023
IRS990/AllOtherExpensesGrp/TotalAmt0119062
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/EOYAmt014255
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0116121
IRS990/CYGrantsAndSimilarPaidAmt02000
IRS990/CYInvestmentIncomeAmt0107804
IRS990/CYOtherExpensesAmt0376955
IRS990/CYOtherRevenueAmt048757
IRS990/CYProgramServiceRevenueAmt0760955
IRS990/CYRevenuesLessExpensesAmt0-152291
IRS990/CYSalariesCompEmpBnftPaidAmt0806973
IRS990/CYTotalExpensesAmt01185928
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01033637
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt027319
IRS990/DepreciationDepletionGrp/TotalAmt027319
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/EmployeeCnt035
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0872092
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
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/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
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/PersonNm4TAYLOR SIBLEY
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/ReportableCompFromOrgAmt782352
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/GrossReceiptsAmt01033637
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt026046
IRS990/InsuranceGrp/TotalAmt026046
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0107804
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0107804
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01473043
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01345458
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01064356
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0198217
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0171597
IRS990/LandBldgEquipCostOrOtherBssAmt01235953
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ADMINISTER AND OPERATE A SCHOOL K-3 THROUGH 12>
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01762382
IRS990/NetAssetsOrFundBalancesEOYAmt01610091
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07291
IRS990/OfficeExpensesGrp/TotalAmt07291
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/ManagementAndGeneralAmt065561
IRS990/OtherExpensesGrp/ProgramServicesAmt022390
IRS990/OtherExpensesGrp/ProgramServicesAmt113007
IRS990/OtherExpensesGrp/ProgramServicesAmt259154
IRS990/OtherExpensesGrp/TotalAmt022390
IRS990/OtherExpensesGrp/TotalAmt113007
IRS990/OtherExpensesGrp/TotalAmt265561
IRS990/OtherExpensesGrp/TotalAmt359154
IRS990/OtherLiabilitiesGrp/BOYAmt048772
IRS990/OtherLiabilitiesGrp/EOYAmt062606
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1611710
IRS990/OtherRevenueMiscGrp/BusinessCd2611710
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/Desc1CAFETERIA INCOME
IRS990/OtherRevenueMiscGrp/Desc2SOFT DRINK INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt013963
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt132691
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt22103
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013963
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt132691
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt22103
IRS990/OtherRevenueTotalAmt048757
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0142207
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0596886
IRS990/OtherSalariesAndWagesGrp/TotalAmt0739093
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt04631
IRS990/PaymentsToAffiliatesGrp/TotalAmt04631
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010879
IRS990/PayrollTaxesGrp/ProgramServicesAmt047060
IRS990/PayrollTaxesGrp/TotalAmt057939
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt09941
IRS990/PensionPlanContributionsGrp/TotalAmt09941
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ERIC PATTERSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1ATHLETIC INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0731368
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt129587
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0731368
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt129587
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0179501
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02000
IRS990/PYInvestmentIncomeAmt044476
IRS990/PYOtherExpensesAmt0353157
IRS990/PYOtherRevenueAmt039130
IRS990/PYProgramServiceRevenueAmt0856024
IRS990/PYRevenuesLessExpensesAmt0-7920
IRS990/PYSalariesCompEmpBnftPaidAmt0771894
IRS990/PYTotalExpensesAmt01127051
IRS990/PYTotalRevenueAmt01119131
IRS990/ReconcilationRevenueExpnssAmt0-152291
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01033637
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01762382
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01610091
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0515916
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0564193
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0-274438
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01064356
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0789918
IRS990ScheduleD/EquipmentGrp/BookValueAmt0410448
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0410448
IRS990ScheduleD/LandGrp/BookValueAmt035587
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt035587
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0125
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0UTILITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019950
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt142656
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNEARNED INC-REG FEE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID TUITION-PATRONS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01345458
IRS990ScheduleD/OtherSecuritiesGrp/Desc0UBS TEACHERS ENRICHMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0171597
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0125
IRS990ScheduleD/TotalBookValueSecuritiesAmt01345458
IRS990ScheduleD/TotalLiabilityAmt062606
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/ExplanationTxt5ATHLETIC SUPPPLES 27712UTILITIES 49850TAXES 319JANITORIAL SUPPLES 7062
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02218430
IRS990/TotalAssetsEOYAmt02138889
IRS990/TotalAssetsGrp/BOYAmt02218430
IRS990/TotalAssetsGrp/EOYAmt02138889
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0116121
IRS990/TotalEmployeeCnt035
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0313836
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0872092
IRS990/TotalFunctionalExpensesGrp/TotalAmt01185928
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0456048
IRS990/TotalLiabilitiesEOYAmt0528798
IRS990/TotalLiabilitiesGrp/BOYAmt0456048
IRS990/TotalLiabilitiesGrp/EOYAmt0528798
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01762382
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01610091
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0872092
IRS990/TotalProgramServiceRevenueAmt0760955
IRS990/TotalReportableCompFromOrgAmt082352
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0917516
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01033637
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02218430
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02138889
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC PATTERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06623266921
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0QUITMAN COUNTY EDUCATIONAL FOUNDATI
ReturnHeader/Filer/BusinessNameControlTxt0QUIT
ReturnHeader/Filer/EIN0640432952
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 70
ReturnHeader/Filer/USAddress/CityNm0MARKS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd038646
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId040CF2FF92B1B890208DD597E2CC8B5A45720669B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId040CF2FF92B1B890208DD597E2CC8B5A45720669B
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId06439552018260gcdbmrt
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-09-17
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0160.3.237.192
ReturnHeader/FilingSecurityInformation/IPDt02018-09-17
ReturnHeader/FilingSecurityInformation/IPTm012:46:57

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$2,138,889
Liabilities
$528,798
Net assets
$1,610,091
Revenue
$1,033,637
Expenses
$1,185,928
Net income
-$152,291
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
2018Detailed filing. Detailed filing data is available for this year.$2.14$0.53$1.61$1.03$1.19$0.15
2018Summary only. Only limited summary data is available for this year.$2.14$0.53$1.61$1.03$1.19$0.15
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$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