Civic Intelligence

Grenada Educational Foundation Inc.

990 • Fiscal year 2022 • EIN 64-0470451

Jul 01, 2021 to Jun 30, 2022 • Filed on Jan 28, 2023

Organization ProfileKIRKACADEMY.COM

View Organization Page

P O Box 1008Grenada, MS 38902

(662) 226-2791

Siviq Scores

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

Liabilities / Assets

84th percentile

0.50x

Higher debt load relative to assets than 84% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

77th percentile

0.39x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

61st percentile

13%

Higher net margin than 61% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

30th percentile

-4.8%

Faster asset growth than 30% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

43rd percentile

1.7%

Faster revenue growth than 43% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$1,914,512

Down $97,240 (-4.8%) from 2021

Net Assets

Up

$955,244

Up $321,423 (+51%) from 2021

Liabilities

Down

$959,268

Down $418,663 (-30%) from 2021

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin61st percentile

Revenue

Up

$2,450,408

Up $39,800 (+1.7%) from 2021

Expenses

Down

$2,128,985

Down $98,982 (-4.4%) from 2021

Net Income

Up

$321,423

Up $138,782 (+76%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $810,605Liabilities 2011: $417,128Net Assets 2011: $393,4772011Assets 2012: $863,911Liabilities 2012: $490,064Net Assets 2012: $373,8472012Assets 2013: $868,207Liabilities 2013: $479,022Net Assets 2013: $389,1852013Assets 2014: $860,410Liabilities 2014: $502,376Net Assets 2014: $358,0342014Assets 2015: $841,809Liabilities 2015: $506,429Net Assets 2015: $335,3802015Assets 2016: $1,180,824Liabilities 2016: $724,895Net Assets 2016: $455,9292016Assets 2017: $1,775,066Liabilities 2017: $1,302,368Net Assets 2017: $472,6982017Assets 2018: $1,809,224Liabilities 2018: $1,206,670Net Assets 2018: $602,5542018Assets 2019: $1,804,893Liabilities 2019: $1,273,167Net Assets 2019: $531,7262019Assets 2020: $2,124,072Liabilities 2020: $1,672,892Net Assets 2020: $451,1802020Assets 2021: $2,011,752Liabilities 2021: $1,377,931Net Assets 2021: $633,8212021Assets 2022: $1,914,512Liabilities 2022: $959,268Net Assets 2022: $955,2442022Assets 2023: $2,068,546Liabilities 2023: $1,072,606Net Assets 2023: $995,9402023Assets 2024: $1,567,229Liabilities 2024: $939,816Net Assets 2024: $627,4132024Assets 2025: $1,477,800Liabilities 2025: $837,750Net Assets 2025: $640,0502025

Highlighted filing

2022

Assets$1,914,512
Liabilities$959,268
Net Assets$955,244
Open 2022 Filing

Operations Trend

Revenue Growth43rd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,480,054Expenses 2011: $1,590,234Net Income 2011: -$110,1802011Revenue 2012: $1,508,293Expenses 2012: $1,527,923Net Income 2012: -$19,6302012Revenue 2013: $1,585,654Expenses 2013: $1,570,316Net Income 2013: $15,3382013Revenue 2014: $1,805,606Expenses 2014: $1,836,757Net Income 2014: -$31,1512014Revenue 2015: $1,879,678Expenses 2015: $1,902,332Net Income 2015: -$22,6542015Revenue 2016: $2,099,519Expenses 2016: $2,061,387Net Income 2016: $38,1322016Revenue 2017: $2,138,715Expenses 2017: $2,121,946Net Income 2017: $16,7692017Revenue 2018: $2,097,078Expenses 2018: $2,156,834Net Income 2018: -$59,7562018Revenue 2019: $2,135,399Expenses 2019: $2,186,576Net Income 2019: -$51,1772019Revenue 2020: $2,166,665Expenses 2020: $2,247,211Net Income 2020: -$80,5462020Revenue 2021: $2,410,608Expenses 2021: $2,227,967Net Income 2021: $182,6412021Revenue 2022: $2,450,408Expenses 2022: $2,128,985Net Income 2022: $321,4232022Revenue 2023: $2,155,631Expenses 2023: $2,114,935Net Income 2023: $40,6962023Revenue 2024: $2,161,578Expenses 2024: $2,264,148Net Income 2024: -$102,5702024Revenue 2025: $2,706,756Expenses 2025: $2,694,119Net Income 2025: $12,6372025

Highlighted filing

2022

Revenue$2,450,408
Expenses$2,128,985
Net Income$321,423
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 28, 2023
Return Version
2021v4.0
Gross Receipts
$2,450,408
Mission and Program Overview

Mission

Provide for education for kindergarten through 12th grade

Provide education to kindergarten through 12th grade students on a nondiscrimanitory basis

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,345,076$1,475,966▲ $130,890
Pd in Cap Srpls Land Bldg Eqp Fund$1,086,295$1,086,295→ $0
Cash and Non-Interest-Bearing Accounts$399,784$282,665▼ $117,119
Accounts Receivable$111,011--
Investments in Publicly Traded Securities$4,242$4,242→ $0
Rtn Earn Endowment Incm Other Fnds$-452,474$-131,051▲ $321,423
Total Assets$2,011,752$1,914,512▼ $97,240
Other Assets Total$151,639$151,639→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,073,555$804,409▼ $269,146
Other Liabilities$304,376$150,607▼ $153,769
Accounts Payable and Accrued Expenses-$4,252-
Total Liabilities$1,377,931$959,268▼ $418,663
Net Assets / Fund Balance
Total Net Assets Fund Balance$633,821$955,244▲ $321,423
Total Liabilities and Net Assets / Fund Balance$2,011,752$1,914,512▼ $97,240

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,374,048$1,173,429$2,547,477
Equipment$34,418$533,410$567,828
Land$67,500-$67,500
Other Assets Org$25,359--
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Josh MattoxPresident
Mike CampbellSecretary
Chuck RoseTreasurer
Coley BaileyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,079,155
Investment Income
$0
Other Revenue
$371,253
Change in Net Assets
$321,423
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,526,091
Other Expenses$602,894
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,368,343--$1,368,343
Occupancy$179,851--$179,851
Payroll Taxes$96,092--$96,092
Depreciation Depletion$64,987--$64,987
Other Employee Benefits$61,656--$61,656
All Other Expenses$35,834$23,407-$59,241
Insurance-$39,731-$39,731
Interest-$31,961-$31,961
Office Expenses$27,325$800-$28,125
Other Expenses$21,675$22,168-$21,675
Conferences and Meetings$10,636--$10,636
Travel$7,319$306-$7,625
Advertising$4,915--$4,915
Fees for Services Accounting-$4,284-$4,284
Total Functional Expenses$1,952,179$176,806$0$2,128,985
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 Revenue$103,629
Other Liab$44,600
Other Designated$2,378
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Records are given to the accounting firm who then prepares the return. The completed return is then given back to the school personnel to review and discuss wtih the appropriate individual before filing the return.”

Form 990, Page 6, Part VI, Line 19

“All documents are maintained at the office of the headmaster and are available for inspection by anyone who makes a request to see this information.”

Filing and Contact Details

Filer

Filer Name
Grenada Educational Foundation
EIN
64-0470451
Address
P O BOX 1008, GRENADA, MS 38902

Signing Officer

Name
Jay Watts
Title
Headmaster
Signed
2023-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay Watts
Formed
1966
Legal Domicile
Ms
Voting Board Members
10
Independent Board Members
10
Employees
61

Preparer

Firm
King and Walton Pllc
Address
PO BOX 2018, GRENADA, MS 38902-2018
Preparer
Anita Walton
Phone
6622271811
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Provide for education for kindergarten through 12th grade”

Raw XML Appendix348 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/EOYAmt04252
IRS990/AccountsReceivableGrp/BOYAmt0111011
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE EDUCATION TO KINDERGARTEN THROUGH 12TH GRADE STUDENTS ON A NONDISCRIMANITORY BASIS
IRS990/AdvertisingGrp/ProgramServicesAmt04915
IRS990/AdvertisingGrp/TotalAmt04915
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt023407
IRS990/AllOtherExpensesGrp/ProgramServicesAmt035834
IRS990/AllOtherExpensesGrp/TotalAmt059241
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GRENADA EDUCATIONAL FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum06622262791
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 1008
IRS990/BooksInCareOfDetail/USAddress/CityNm0GRENADA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038902
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0399784
IRS990/CashNonInterestBearingGrp/EOYAmt0282665
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt010636
IRS990/ConferencesMeetingsGrp/TotalAmt010636
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0602894
IRS990/CYOtherRevenueAmt0371253
IRS990/CYProgramServiceRevenueAmt02079155
IRS990/CYRevenuesLessExpensesAmt0321423
IRS990/CYSalariesCompEmpBnftPaidAmt01526091
IRS990/CYTotalExpensesAmt02128985
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02450408
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt064987
IRS990/DepreciationDepletionGrp/TotalAmt064987
IRS990/Desc0PROVIDE FOR EDUCATION FOR KINDERGARTEN THROUGH 12TH GRADE
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt061
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01887192
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04284
IRS990/FeesForServicesAccountingGrp/TotalAmt04284
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
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/PersonNm0COLEY BAILEY
IRS990/Form990PartVIISectionAGrp/PersonNm1MIKE CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm2JOSH MATTOX
IRS990/Form990PartVIISectionAGrp/PersonNm3CHUCK ROSE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01966
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02450408
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt039731
IRS990/InsuranceGrp/TotalAmt039731
IRS990/InterestGrp/ManagementAndGeneralAmt031961
IRS990/InterestGrp/TotalAmt031961
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04242
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04242
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01706839
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01345076
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01475966
IRS990/LandBldgEquipCostOrOtherBssAmt03182805
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt01020
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt01020
IRS990/MissionDesc0PROVIDE FOR EDUCATION FOR KINDERGARTEN THROUGH 12TH GRADE
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01073555
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0804409
IRS990/NetAssetsOrFundBalancesBOYAmt0633821
IRS990/NetAssetsOrFundBalancesEOYAmt0955244
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0179851
IRS990/OccupancyGrp/TotalAmt0179851
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0800
IRS990/OfficeExpensesGrp/ProgramServicesAmt027325
IRS990/OfficeExpensesGrp/TotalAmt028125
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0151639
IRS990/OtherAssetsTotalGrp/EOYAmt0151639
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt061656
IRS990/OtherEmployeeBenefitsGrp/TotalAmt061656
IRS990/OtherExpensesGrp/Desc0ATHLETICS
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINT
IRS990/OtherExpensesGrp/Desc2JANITOR'S SUPPLIES
IRS990/OtherExpensesGrp/Desc3FIELD & CAMPUS UPKEEP
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt054149
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt122168
IRS990/OtherExpensesGrp/ProgramServicesAmt073546
IRS990/OtherExpensesGrp/ProgramServicesAmt121675
IRS990/OtherExpensesGrp/TotalAmt073546
IRS990/OtherExpensesGrp/TotalAmt154149
IRS990/OtherExpensesGrp/TotalAmt222168
IRS990/OtherExpensesGrp/TotalAmt321675
IRS990/OtherLiabilitiesGrp/BOYAmt0304376
IRS990/OtherLiabilitiesGrp/EOYAmt0150607
IRS990/OtherRevenueMiscGrp/Desc0PPP
IRS990/OtherRevenueMiscGrp/Desc1CAFETERIA INCOME
IRS990/OtherRevenueMiscGrp/Desc2CHEERLEADERS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0330514
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt122069
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt217650
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0330514
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt122069
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt217650
IRS990/OtherRevenueTotalAmt0371253
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01368343
IRS990/OtherSalariesAndWagesGrp/TotalAmt01368343
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt096092
IRS990/PayrollTaxesGrp/TotalAmt096092
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt01086295
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01086295
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JAY WATTS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION FEES & DUES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02075130
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14025
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02075130
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14025
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDE FOR EDUCATION FOR KINDERGARTEN THROUGH 12TH GRADE
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt064987
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0650526
IRS990/PYOtherRevenueAmt0330600
IRS990/PYProgramServiceRevenueAmt02080008
IRS990/PYRevenuesLessExpensesAmt0182641
IRS990/PYSalariesCompEmpBnftPaidAmt01577441
IRS990/PYTotalExpensesAmt02227967
IRS990/PYTotalRevenueAmt02410608
IRS990/ReconcilationRevenueExpnssAmt0321423
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-452474
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-131051
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01374048
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01173429
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02547477
IRS990ScheduleD/EquipmentGrp/BookValueAmt034418
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0533410
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0567828
IRS990ScheduleD/LandGrp/BookValueAmt067500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt067500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0126280
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt125359
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MISCELLANEOUS EQUIPMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PREPAID EXPENSE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0103629
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt144600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22378
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIAB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER DESIGNATED
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01475966
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0151639
IRS990ScheduleD/TotalLiabilityAmt0150607
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/ExplanationTxt0PROVIDE FOR EDUCATION FOR KINDERGARTEN THROUGH 12TH GRADE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RECORDS ARE GIVEN TO THE ACCOUNTING FIRM WHO THEN PREPARES THE RETURN. THE COMPLETED RETURN IS THEN GIVEN BACK TO THE SCHOOL PERSONNEL TO REVIEW AND DISCUSS WTIH THE APPROPRIATE INDIVIDUAL BEFORE FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS ARE MAINTAINED AT THE OFFICE OF THE HEADMASTER AND ARE AVAILABLE FOR INSPECTION BY ANYONE WHO MAKES A REQUEST TO SEE THIS INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MS
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02011752
IRS990/TotalAssetsEOYAmt01914512
IRS990/TotalAssetsGrp/BOYAmt02011752
IRS990/TotalAssetsGrp/EOYAmt01914512
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt061
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0176806
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01952179
IRS990/TotalFunctionalExpensesGrp/TotalAmt02128985
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01377931
IRS990/TotalLiabilitiesEOYAmt0959268
IRS990/TotalLiabilitiesGrp/BOYAmt01377931
IRS990/TotalLiabilitiesGrp/EOYAmt0959268
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0633821
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0955244
IRS990/TotalOtherProgSrvcExpenseAmt064987
IRS990/TotalProgramServiceExpensesAmt01952179
IRS990/TotalProgramServiceRevenueAmt02079155
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02450408
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02450408
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02011752
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01914512
IRS990/TravelGrp/ManagementAndGeneralAmt0306
IRS990/TravelGrp/ProgramServicesAmt07319
IRS990/TravelGrp/TotalAmt07625
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 1008
IRS990/USAddress/CityNm0GRENADA
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd038902
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0KIRKACADEMY.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAY WATTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEADMASTER
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRENADA EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GREN
ReturnHeader/Filer/EIN0640470451
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 1008
ReturnHeader/Filer/USAddress/CityNm0GRENADA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd038902
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0920883084
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KING AND WALTON PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2018
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRENADA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0389022018
ReturnHeader/PreparerPersonGrp/PhoneNum06622271811
ReturnHeader/PreparerPersonGrp/PreparationDt02023-01-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANITA WALTON
ReturnHeader/ReturnTs02023-03-07T08:19:37-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JAY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WATTS
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,914,512
Liabilities
$959,268
Net assets
$955,244
Revenue
$2,450,408
Expenses
$2,128,985
Net income
$321,423
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.48$0.84$0.64$2.71$2.69$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.57$0.94$0.63$2.16$2.26$0.10
2023Detailed filing. Detailed filing data is available for this year.$2.07$1.07$1.00$2.16$2.11$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.91$0.96$0.96$2.45$2.13$0.32
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$1.38$0.63$2.41$2.23$0.18
2020Detailed filing. Detailed filing data is available for this year.$2.12$1.67$0.45$2.17$2.25$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.80$1.27$0.53$2.14$2.19$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.81$1.21$0.60$2.10$2.16$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.78$1.30$0.47$2.14$2.12$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.18$0.72$0.46$2.10$2.06$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.84$0.51$0.34$1.88$1.90$0.02
2014Summary only. Only limited summary data is available for this year.$0.86$0.50$0.36$1.81$1.84$0.03
2013Summary only. Only limited summary data is available for this year.$0.87$0.48$0.39$1.59$1.57$0.02
2012Summary only. Only limited summary data is available for this year.$0.86$0.49$0.37$1.51$1.53$0.02
2011Summary only. Only limited summary data is available for this year.$0.81$0.42$0.39$1.48$1.59$0.11