Civic Intelligence

Indianola Educational Foundation Inc.

990 • Fiscal year 2017 • EIN 64-6025738

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 08, 2017

Organization ProfileWWW.IAONLINE.ORG

View Organization Page

P O Box 967Indianola, MS 38751

(662) 887-2025

Siviq Scores

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

Liabilities / Assets

40th percentile

0.09x

Higher debt load relative to assets than 40% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

0.23x

Higher debt load relative to revenue than 57% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

61st percentile

6.7%

Higher net margin than 61% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

62nd percentile

7.9%

Faster asset growth than 62% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

73rd percentile

18%

Faster revenue growth than 73% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$6,872,405

Up $501,860 (+7.9%) from 2016

Net Assets

Up

$6,267,587

Up $526,590 (+9.2%) from 2016

Liabilities

Down

$604,818

Down $24,730 (-3.9%) from 2016

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin61st percentile

Revenue

Up

$2,610,509

Up $392,752 (+18%) from 2016

Expenses

Down

$2,435,188

Down $54,628 (-2.2%) from 2016

Net Income

Up

$175,321

Up $447,380 (+164%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$10M$5.0M$0Assets 2010: $4,673,185Liabilities 2010: $541,305Net Assets 2010: $4,131,8802010Assets 2011: $5,414,940Liabilities 2011: $508,831Net Assets 2011: $4,906,1092011Assets 2012: $5,193,439Liabilities 2012: $379,553Net Assets 2012: $4,813,8862012Assets 2013: $5,669,242Liabilities 2013: $528,316Net Assets 2013: $5,140,9262013Assets 2014: $6,553,335Liabilities 2014: $380,707Net Assets 2014: $6,172,6282014Assets 2015: $6,685,580Liabilities 2015: $514,970Net Assets 2015: $6,170,6102015Assets 2016: $6,370,545Liabilities 2016: $629,548Net Assets 2016: $5,740,9972016Assets 2017: $6,872,405Liabilities 2017: $604,818Net Assets 2017: $6,267,5872017Assets 2018: $7,292,257Liabilities 2018: $498,128Net Assets 2018: $6,794,1292018Assets 2019: $6,980,672Liabilities 2019: $465,698Net Assets 2019: $6,514,9742019Assets 2020: $6,710,474Liabilities 2020: $829,888Net Assets 2020: $5,880,5862020Assets 2021: $8,100,398Liabilities 2021: $354,526Net Assets 2021: $7,745,8722021Assets 2022: $7,760,640Liabilities 2022: $384,191Net Assets 2022: $7,376,4492022Assets 2023: $8,156,537Liabilities 2023: $438,664Net Assets 2023: $7,717,8732023Assets 2024: $8,735,696Liabilities 2024: $359,361Net Assets 2024: $8,376,3352024Assets 2025: $8,575,307Liabilities 2025: $369,114Net Assets 2025: $8,206,1932025

Highlighted filing

2017

Assets$6,872,405
Liabilities$604,818
Net Assets$6,267,587
Open 2017 Filing

Operations Trend

Revenue Growth73rd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,063,1582010Revenue 2011: $2,493,794Expenses 2011: $2,213,996Net Income 2011: $279,7982011Expenses 2012: $2,347,0832012Expenses 2013: $2,289,7272013Revenue 2014: $2,739,212Expenses 2014: $2,313,664Net Income 2014: $425,5482014Revenue 2015: $2,668,772Expenses 2015: $2,391,351Net Income 2015: $277,4212015Revenue 2016: $2,217,757Expenses 2016: $2,489,816Net Income 2016: -$272,0592016Revenue 2017: $2,610,509Expenses 2017: $2,435,188Net Income 2017: $175,3212017Revenue 2018: $2,921,779Expenses 2018: $2,519,803Net Income 2018: $401,9762018Revenue 2019: $2,822,382Expenses 2019: $3,147,018Net Income 2019: -$324,6362019Revenue 2020: $2,291,154Expenses 2020: $2,925,542Net Income 2020: -$634,3882020Revenue 2021: $4,689,110Expenses 2021: $2,823,824Net Income 2021: $1,865,2862021Revenue 2022: $2,701,759Expenses 2022: $3,071,182Net Income 2022: -$369,4232022Revenue 2023: $3,495,464Expenses 2023: $3,154,040Net Income 2023: $341,4242023Revenue 2024: $4,072,264Expenses 2024: $3,413,802Net Income 2024: $658,4622024Revenue 2025: $3,585,297Expenses 2025: $3,755,439Net Income 2025: -$170,1422025

Highlighted filing

2017

Revenue$2,610,509
Expenses$2,435,188
Net Income$175,321
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 8, 2017
Return Version
2016v3.0
Gross Receipts
$2,844,392
Mission and Program Overview

Mission

To provide educational instruction and other related opportunities and school activities for grades pre-kindergarten thru 12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,883,811$4,203,011▲ $319,200
Land, Buildings, and Equipment, Net$2,162,582$2,110,381▼ $52,201
Savings and Temporary Cash Investments$304,047$536,519▲ $232,472
Prepaid Expenses and Deferred Charges$11,255$14,827▲ $3,572
Accounts Receivable$8,505$7,322▼ $1,183
Cash and Non-Interest-Bearing Accounts$345$345→ $0
Total Assets$6,370,545$6,872,405▲ $501,860
Liabilities
Deferred Revenue$264,218$331,874▲ $67,656
Mortgage Notes Payable Secured by Investment Property$192,136$152,164▼ $39,972
Accounts Payable and Accrued Expenses$143,011$87,211▼ $55,800
Other Liabilities$30,183$33,569▲ $3,386
Total Liabilities$629,548$604,818▼ $24,730
Net Assets / Fund Balance
Unrestricted Net Assets$5,017,247$5,543,837▲ $526,590
Permanently Rstr Net Assets$723,750$723,750→ $0
Total Net Assets Fund Balance$5,740,997$6,267,587▲ $526,590
Total Liabilities and Net Assets / Fund Balance$6,370,545$6,872,405▲ $501,860

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,506,568$2,916,329$4,422,897
Land$603,813-$603,813
Compensation and Service Providers
Top Officer Pay20th percentile

Board Members and Trustees

NameTitle
Julia HillPresident
Missy PittsSecretary
Mitchell HillTreasurer
Pat ChismVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$519,050
Program Service Revenue
$1,928,365
Investment Income
$119,398
Other Revenue
$43,696
All Other Contributions
$519,050
Change in Net Assets
$175,321

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,610,509
Total Revenue per Audited Statements
$2,610,509
Total Revenue per Form 990
$2,610,509
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,767,472
Other Expenses$667,716
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,642,124--$1,642,124
All Other Expenses$336,512--$336,512
Payroll Taxes$125,348--$125,348
Other Expenses$58,272--$58,272
Fees for Services Accounting$21,021--$21,021
Interest$5,066--$5,066
Total Functional Expenses$2,435,188$0$0$2,435,188

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,435,188
Total Expenses per Audited Statements$2,435,188
Total Expenses per Form 990$2,435,188
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
Jr. High Dance Team$9,183
Jr. High Cheerleader Fund$8,173
Student Council Fund$6,709
Elementary Library/book Fair$6,196
Choral Music$4,579
Sh Dance Team$3,506
Baseball-50 Innning$2,293
Indianola Youth Athletic Assn.$8
Cheerleader Fund$-7,078
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The headmaster and the officers review the tax return.”

Form 990, Page 6, Part VI, Line 12C

“At the quarterly board meetings any problems with a conflict of interest between the officers, directors and key employees would be discussed and resolved at that time.”

Form 990, Page 6, Part VI, Line 15A

“All salaries are reviewed each year.”

Form 990, Page 6, Part VI, Line 15B

“All salaries are reviewed each year.”

Form 990, Page 6, Part VI, Line 19

“The governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Indianola Educational Foundation I
EIN
64-6025738
Phone
6628872025
Address
P O BOX 967, INDIANOLA, MS 38751

Signing Officer

Name
Julia Hill
Title
President
Phone
6628872025
Signed
2017-12-08

Organization Details

Principal Officer
Julia Hill
Formed
1965
Legal Domicile
Ms
Voting Board Members
25
Independent Board Members
25
Employees
58

Preparer

Firm
John V Maggio Ltd
Address
PO BOX 431, INDIANOLA, MS 38751
Preparer
John V Maggio CPA
Phone
6628871686
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Insurance 57,972 0 0 electricity 54,207 0 0 building & grounds repair 49,377 0 0 office supplies & postage 43,030 0 0 miscellaneous expense 27,008 0 0 after school care expense 17,868 0 0 telephone 15,926 0 0 dues 12,560 0 0 testing expense 11,934 0 0 promotion & goodwill 8,178 0 0 gas 7,357 0 0 water 6,957 0 0 professional development 6,705 0 0 computer expense 6,306 0 0 computer rental expense 4,311 0 0 elem. Teaching supplies 2,700 0 0 elementary library expens 856 0 0 equipment repair 749 0 0 foundation development 728 0 0 drug testing expense 659 0 0 senior library expense 550 0 0 sec. Teaching supplies 474 0 0 enrichment programs 100 0 0 total 336,512 0 0”

Form 990, Part XI, Line 9

“Unrealized gain 351,265 due to rounding 4 total 351,269”

Raw XML Appendix375 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/BOYAmt0143011
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt087211
IRS990/AccountsReceivableGrp/BOYAmt08505
IRS990/AccountsReceivableGrp/EOYAmt07322
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE EDUCATIONAL INSTRUCTION AND OTHER RELATED OPPORTUNITIES AND SCHOOL ACTIVITIES FOR GRADES PRE-KINDERGARTEN THRU 12.
IRS990/AllOtherContributionsAmt0519050
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0336512
IRS990/AllOtherExpensesGrp/TotalAmt0336512
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0DEBBIE WOODRUFF
IRS990/BooksInCareOfDetail/PhoneNum06628872025
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 967
IRS990/BooksInCareOfDetail/USAddress/CityNm0INDIANOLA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038751
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0345
IRS990/CashNonInterestBearingGrp/EOYAmt0345
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt0233883
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0519050
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0119398
IRS990/CYOtherExpensesAmt0667716
IRS990/CYOtherRevenueAmt043696
IRS990/CYProgramServiceRevenueAmt01928365
IRS990/CYRevenuesLessExpensesAmt0175321
IRS990/CYSalariesCompEmpBnftPaidAmt01767472
IRS990/CYTotalExpensesAmt02435188
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02610509
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0264218
IRS990/DeferredRevenueGrp/EOYAmt0331874
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE ORGANIZATION PROVIDES EDUCATIONAL INSTRUCTION AND OTHER RELATED OPPORTUNITIES AND SCHOOL ACTIVITIES FOR PRE-KINDERGARTEN THRU GRADE 12.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt058
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02435188
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt021021
IRS990/FeesForServicesAccountingGrp/TotalAmt021021
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
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/PersonNm0JULIA HILL
IRS990/Form990PartVIISectionAGrp/PersonNm1MITCHELL HILL
IRS990/Form990PartVIISectionAGrp/PersonNm2MISSY PITTS
IRS990/Form990PartVIISectionAGrp/PersonNm3PAT CHISM
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01965
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02844392
IRS990/GrossSalesOfInventoryAmt0277579
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt025
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt05066
IRS990/InterestGrp/TotalAmt05066
IRS990/InvestmentIncomeGrp/ExclusionAmt0119398
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0119398
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03883811
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04203011
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02916329
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02162582
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02110381
IRS990/LandBldgEquipCostOrOtherBssAmt05026710
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE EDUCATIONAL INSTRUCTION AND OTHER RELATED OPPORTUNITIES AND SCHOOL ACTIVITIES FOR GRADES PRE-KINDERGARTEN THRU 12.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0192136
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0152164
IRS990/NetAssetsOrFundBalancesBOYAmt05740997
IRS990/NetAssetsOrFundBalancesEOYAmt06267587
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt043696
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt043696
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0351269
IRS990/OtherExpensesGrp/Desc0DEPRECIATION--EQUIPMENT
IRS990/OtherExpensesGrp/Desc1DEPRECIATION--BLDG & GROU
IRS990/OtherExpensesGrp/Desc2401K EXPENSE
IRS990/OtherExpensesGrp/Desc3JANITOR SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt094543
IRS990/OtherExpensesGrp/ProgramServicesAmt193545
IRS990/OtherExpensesGrp/ProgramServicesAmt258757
IRS990/OtherExpensesGrp/ProgramServicesAmt358272
IRS990/OtherExpensesGrp/TotalAmt094543
IRS990/OtherExpensesGrp/TotalAmt193545
IRS990/OtherExpensesGrp/TotalAmt258757
IRS990/OtherExpensesGrp/TotalAmt358272
IRS990/OtherLiabilitiesGrp/BOYAmt030183
IRS990/OtherLiabilitiesGrp/EOYAmt033569
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01642124
IRS990/OtherSalariesAndWagesGrp/TotalAmt01642124
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0125348
IRS990/PayrollTaxesGrp/TotalAmt0125348
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0723750
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0723750
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011255
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014827
IRS990/PrincipalOfficerNm0JULIA HILL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1ANNUAL FUND
IRS990/ProgramServiceRevenueGrp/Desc2AFTER SCHOOL CARE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3TESTING FEES
IRS990/ProgramServiceRevenueGrp/Desc4TUITION S.S. & MISC.
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01806848
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt162735
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt235862
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt312030
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt45000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01806848
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt162735
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt235862
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt312030
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt45000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0178575
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt014828
IRS990/PYOtherExpensesAmt0723317
IRS990/PYOtherRevenueAmt03942
IRS990/PYProgramServiceRevenueAmt02020412
IRS990/PYRevenuesLessExpensesAmt0-272059
IRS990/PYSalariesCompEmpBnftPaidAmt01766499
IRS990/PYTotalExpensesAmt02489816
IRS990/PYTotalRevenueAmt02217757
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0175321
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01928365
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0304047
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0536519
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/BookValueAmt01506568
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02916329
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04422897
IRS990ScheduleD/ExpensesSubtotalAmt02435188
IRS990ScheduleD/LandGrp/BookValueAmt0603813
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0603813
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09183
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18173
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt26709
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt36196
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt44579
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt53506
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt62293
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt78
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt8-7078
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0JR. HIGH DANCE TEAM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1JR. HIGH CHEERLEADER FUND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2STUDENT COUNCIL FUND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ELEMENTARY LIBRARY/BOOK FAIR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4CHORAL MUSIC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5SH DANCE TEAM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6BASEBALL-50 INNNING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7INDIANOLA YOUTH ATHLETIC ASSN.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc8CHEERLEADER FUND
IRS990ScheduleD/RevenueSubtotalAmt02610509
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02110381
IRS990ScheduleD/TotalExpensesPerForm990Amt02435188
IRS990ScheduleD/TotalLiabilityAmt033569
IRS990ScheduleD/TotalRevenuePerForm990Amt02610509
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02610509
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02435188
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
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PUBLISHED IN THE NEWSPAPER
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE HEADMASTER AND THE OFFICERS REVIEW THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT THE QUARTERLY BOARD MEETINGS ANY PROBLEMS WITH A CONFLICT OF INTEREST BETWEEN THE OFFICERS, DIRECTORS AND KEY EMPLOYEES WOULD BE DISCUSSED AND RESOLVED AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL SALARIES ARE REVIEWED EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL SALARIES ARE REVIEWED EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INSURANCE 57,972 0 0 ELECTRICITY 54,207 0 0 BUILDING & GROUNDS REPAIR 49,377 0 0 OFFICE SUPPLIES & POSTAGE 43,030 0 0 MISCELLANEOUS EXPENSE 27,008 0 0 AFTER SCHOOL CARE EXPENSE 17,868 0 0 TELEPHONE 15,926 0 0 DUES 12,560 0 0 TESTING EXPENSE 11,934 0 0 PROMOTION & GOODWILL 8,178 0 0 GAS 7,357 0 0 WATER 6,957 0 0 PROFESSIONAL DEVELOPMENT 6,705 0 0 COMPUTER EXPENSE 6,306 0 0 COMPUTER RENTAL EXPENSE 4,311 0 0 ELEM. TEACHING SUPPLIES 2,700 0 0 ELEMENTARY LIBRARY EXPENS 856 0 0 EQUIPMENT REPAIR 749 0 0 FOUNDATION DEVELOPMENT 728 0 0 DRUG TESTING EXPENSE 659 0 0 SENIOR LIBRARY EXPENSE 550 0 0 SEC. TEACHING SUPPLIES 474 0 0 ENRICHMENT PROGRAMS 100 0 0 TOTAL 336,512 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UNREALIZED GAIN 351,265 DUE TO ROUNDING 4 TOTAL 351,269
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06370545
IRS990/TotalAssetsEOYAmt06872405
IRS990/TotalAssetsGrp/BOYAmt06370545
IRS990/TotalAssetsGrp/EOYAmt06872405
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0519050
IRS990/TotalEmployeeCnt058
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02435188
IRS990/TotalFunctionalExpensesGrp/TotalAmt02435188
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0629548
IRS990/TotalLiabilitiesEOYAmt0604818
IRS990/TotalLiabilitiesGrp/BOYAmt0629548
IRS990/TotalLiabilitiesGrp/EOYAmt0604818
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05740997
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06267587
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt05890
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt05890
IRS990/TotalProgramServiceExpensesAmt02435188
IRS990/TotalProgramServiceRevenueAmt01928365
IRS990/TotalRevenueGrp/ExclusionAmt0119398
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01972061
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02610509
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06370545
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06872405
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt05017247
IRS990/UnrestrictedNetAssetsGrp/EOYAmt05543837
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 967
IRS990/USAddress/CityNm0INDIANOLA
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd038751
IRS990/VotingMembersGoverningBodyCnt025
IRS990/VotingMembersIndependentCnt025
IRS990/WebsiteAddressTxt0WWW.IAONLINE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIA HILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06628872025
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-12-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDIANOLA EDUCATIONAL FOUNDATION I
ReturnHeader/Filer/BusinessNameControlTxt0INDI
ReturnHeader/Filer/EIN0646025738
ReturnHeader/Filer/PhoneNum06628872025
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 967
ReturnHeader/Filer/USAddress/CityNm0INDIANOLA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd038751
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId015803C355ADDBC43EFFCF2FF10C7EBF78AAEA655
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId015803C355ADDBC43EFFCF2FF10C7EBF78AAEA655
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640577011
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN V MAGGIO LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 431
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANOLA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038751
ReturnHeader/PreparerPersonGrp/PhoneNum06628871686
ReturnHeader/PreparerPersonGrp/PreparationDt02017-12-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN V MAGGIO CPA
ReturnHeader/ReturnTs02017-12-11T12:20:25-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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
$6,872,405
Liabilities
$604,818
Net assets
$6,267,587
Revenue
$2,610,509
Expenses
$2,435,188
Net income
$175,321
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.58$0.37$8.21$3.59$3.76$0.17
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.74$0.36$8.38$4.07$3.41$0.66
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.16$0.44$7.72$3.50$3.15$0.34
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.76$0.38$7.38$2.70$3.07$0.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.10$0.35$7.75$4.69$2.82$1.87
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.71$0.83$5.88$2.29$2.93$0.63
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.98$0.47$6.51$2.82$3.15$0.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.29$0.50$6.79$2.92$2.52$0.40
2017Detailed filing. Detailed filing data is available for this year.$6.87$0.60$6.27$2.61$2.44$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.37$0.63$5.74$2.22$2.49$0.27
2015Detailed filing. Detailed filing data is available for this year.$6.69$0.51$6.17$2.67$2.39$0.28
2014Detailed filing. Detailed filing data is available for this year.$6.55$0.38$6.17$2.74$2.31$0.43
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.67$0.53$5.14$2.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.19$0.38$4.81$2.35
2011Summary only. Only limited summary data is available for this year.$5.41$0.51$4.91$2.49$2.21$0.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$0.54$4.13$2.06