Civic Intelligence

Indianola Educational Foundation Inc.

990 • Fiscal year 2020 • EIN 64-6025738

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 30, 2020

Organization ProfileWWW.INDIANOLAACADEMY.ORG

View Organization Page

549 Dorsett DriveIndianola, MS 38751

(662) 887-2025

Siviq Scores

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

Liabilities / Assets

44th percentile

0.12x

Higher debt load relative to assets than 44% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.36x

Higher debt load relative to revenue than 64% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

11th percentile

-28%

Higher net margin than 11% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

42nd percentile

$104,500

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

15th percentile

-3.9%

Faster asset growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

20th percentile

-19%

Faster revenue growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets44th percentile

Assets

Down

$6,710,474

Down $270,198 (-3.9%) from 2019

Net Assets

Down

$5,880,586

Down $634,388 (-9.7%) from 2019

Liabilities

Up

$829,888

Up $364,190 (+78%) from 2019

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin11th percentile

Revenue

Down

$2,291,154

Down $531,228 (-19%) from 2019

Expenses

Down

$2,925,542

Down $221,476 (-7.0%) from 2019

Net Income

Down

-$634,388

Down $309,752 (-95%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth15th 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

2020

Assets$6,710,474
Liabilities$829,888
Net Assets$5,880,586
Open 2020 Filing

Operations Trend

Revenue Growth20th 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

2020

Revenue$2,291,154
Expenses$2,925,542
Net Income-$634,388
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 30, 2020
Return Version
2019v5.0
Gross Receipts
$2,291,154
Mission and Program Overview

Mission

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

To provide educational instruction and other related opportunities and school activities for grades prekindergarten thru 12th grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,257,647$3,950,361▼ $307,286
Land, Buildings, and Equipment, Net$2,162,034$2,019,479▼ $142,555
Savings and Temporary Cash Investments$533,507$653,103▲ $119,596
Pledges and Grants Receivable-$75,000-
Prepaid Expenses and Deferred Charges$14,796$11,879▼ $2,917
Accounts Receivable$12,688$652▼ $12,036
Total Assets$6,980,672$6,710,474▼ $270,198
Liabilities
Mortgage Notes Payable Secured by Investment Property$58,000$421,330▲ $363,330
Deferred Revenue$358,221$272,188▼ $86,033
Accounts Payable and Accrued Expenses$49,477$136,370▲ $86,893
Total Liabilities$465,698$829,888▲ $364,190
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,748,016$5,152,154▼ $595,862
Net Assets With Donor Restrictions$766,958$728,432▼ $38,526
Total Net Assets Fund Balance$6,514,974$5,880,586▼ $634,388
Total Liabilities and Net Assets / Fund Balance$6,980,672$6,710,474▼ $270,198

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,026,775$2,705,494$3,732,269
Equipment$288,827$724,074$1,012,901
Land$603,813-$603,813
Other Land Buildings$100,064$4,496$104,560
Other Securities$728,432--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$4,257,647-▼ $266,319$-38,000$3,950,361
2018$4,408,853-▲ $151,789$-300,000$4,257,647
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charlie MasonHeadmasterFT$100,000$4,500$104,500

Board Members and Trustees

NameTitle
Mitchell HillPresident
Amy ArringtonBoard Member
Angela WhiteBoard Member
Brad StevensBoard Member
Cassie HardenBoard Member
Chad DowellBoard Member
Jessica SimmonsBoard Member
Lake BairdBoard Member
Paul TownsendBoard Member
Pepper RobertsBoard Member
Rod VeaveyBoard Member
Watson CookBoard Member
Will RiddickBoard Member
Trey KogerSecretary
Chip MooreTreasurer
Fredrick BarrierVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$273,267
Program Service Revenue
$2,287,173
Investment Income
$-269,286
Other Revenue
$0
All Other Contributions
$273,267
Change in Net Assets
$-634,388

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,291,154
Total Revenue per Audited Statements
$2,291,154
Total Revenue per Form 990
$2,291,154
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,925,572
Other Expenses$999,970
Total Fundraising Expense$14,746
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,565,396$348,835$11,341$1,925,572
Depreciation Depletion$244,692$2,423-$247,115
Office Expenses$201,698$29,627-$231,325
Occupancy$145,146$1,467-$146,613
Insurance$65,239$659-$65,898
Other Expenses$29,320$32,101-$61,421
Fees for Services Accounting-$17,000-$17,000
Travel$11,790--$11,790
Advertising$1,085-$3,405$4,490
Information Technology$2,849--$2,849
Interest-$1,263-$1,263
Total Functional Expenses$2,476,057$434,739$14,746$2,925,542

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,925,542
Total Expenses per Audited Statements$2,925,542
Total Expenses per Form 990$2,925,542
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
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 board review the tax return before is filed”

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

“The executive committee of the board of trustees reviews and determines the headmaster's compensation. Compensation for all personnel decided upon by the headmaster.”

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 in
EIN
64-6025738
Address
549 DORSETT DRIVE, INDIANOLA, MS 38751

Signing Officer

Name
Charlie Mason
Title
Headmaster
Signed
2020-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charlie Mason
Voting Board Members
25
Independent Board Members
25
Employees
55

Preparer

Firm
Baird & Stallings Cpas
Address
111 S MARTIN LUTHER KING JR DR, INDIANOLA, MS 38751-2698
Preparer
David P Baird
Phone
6628874557
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“To provide support for tuition and scholarship”

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IRS990/Form990PartVIISectionAGrp/TitleTxt16HEADMASTER
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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt02849
IRS990/InformationTechnologyGrp/TotalAmt02849
IRS990/InsuranceGrp/ManagementAndGeneralAmt0659
IRS990/InsuranceGrp/ProgramServicesAmt065239
IRS990/InsuranceGrp/TotalAmt065898
IRS990/InterestGrp/ManagementAndGeneralAmt01263
IRS990/InterestGrp/TotalAmt01263
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0-269286
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0-269286
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt04257647
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt03950361
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03434064
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02162034
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02019479
IRS990/LandBldgEquipCostOrOtherBssAmt05453543
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 PREKINDERGARTEN THRU 12TH GRADE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt058000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0421330
IRS990/NetAssetsOrFundBalancesBOYAmt06514974
IRS990/NetAssetsOrFundBalancesEOYAmt05880586
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05748016
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05152154
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01467
IRS990/OccupancyGrp/ProgramServicesAmt0145146
IRS990/OccupancyGrp/TotalAmt0146613
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029627
IRS990/OfficeExpensesGrp/ProgramServicesAmt0201698
IRS990/OfficeExpensesGrp/TotalAmt0231325
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01364
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt132101
IRS990/OtherExpensesGrp/ProgramServicesAmt0134988
IRS990/OtherExpensesGrp/ProgramServicesAmt173854
IRS990/OtherExpensesGrp/ProgramServicesAmt229320
IRS990/OtherExpensesGrp/TotalAmt0136352
IRS990/OtherExpensesGrp/TotalAmt173854
IRS990/OtherExpensesGrp/TotalAmt261421
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt011341
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0348835
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01565396
IRS990/OtherSalariesAndWagesGrp/TotalAmt01925572
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt075000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014796
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011879
IRS990/PrincipalOfficerNm0CHARLIE MASON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02140350
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1146823
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02140350
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1146823
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0285708
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0149793
IRS990/PYOtherExpensesAmt01092192
IRS990/PYProgramServiceRevenueAmt02386881
IRS990/PYRevenuesLessExpensesAmt0-324636
IRS990/PYSalariesCompEmpBnftPaidAmt02054826
IRS990/PYTotalExpensesAmt03147018
IRS990/PYTotalRevenueAmt02822382
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-634388
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02287173
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0533507
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0653103
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/BoardDesignatedBalanceEOYPct00.82000
IRS990ScheduleD/BuildingsGrp/BookValueAmt01026775
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02705494
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03732269
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0-2967
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04257647
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03950361
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-266319
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0-38000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0-2995
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04408853
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04257647
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0151789
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0-300000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0288827
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0724074
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01012901
IRS990ScheduleD/ExpensesSubtotalAmt02925542
IRS990ScheduleD/LandGrp/BookValueAmt0603813
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0603813
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0100064
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04496
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0104560
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03221929
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1728432
IRS990ScheduleD/OtherSecuritiesGrp/Desc0UNIVERSITY OF MISSISSIPPI FOUNDATION
IRS990ScheduleD/OtherSecuritiesGrp/Desc1COMMUNITY FOUNDATION OF NORTHWEST MS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.18000
IRS990ScheduleD/RevenueSubtotalAmt02291154
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE SUPPORT FOR TUITION AND SCHOLARSHIP
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02019479
IRS990ScheduleD/TotalBookValueSecuritiesAmt03950361
IRS990ScheduleD/TotalExpensesPerForm990Amt02925542
IRS990ScheduleD/TotalRevenuePerForm990Amt02291154
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02291154
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02925542
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 NEWSPAPERS
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE HEADMASTER AND BOARD REVIEW THE TAX RETURN BEFORE IS FILED
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/ExplanationTxt2THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND DETERMINES THE HEADMASTER'S COMPENSATION. COMPENSATION FOR ALL PERSONNEL DECIDED UPON BY THE HEADMASTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST
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 19
IRS990/SchoolOperatingInd0true

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,710,474
Liabilities
$829,888
Net assets
$5,880,586
Revenue
$2,291,154
Expenses
$2,925,542
Net income
-$634,388
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
2020Detailed filing. Detailed filing data is available for this year.$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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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