Civic Intelligence

Indianola Educational Foundation Inc.

990 • Fiscal year 2021 • EIN 64-6025738

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 30, 2021

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

34th percentile

0.04x

Higher debt load relative to assets than 34% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

34th percentile

0.08x

Higher debt load relative to revenue than 34% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

81st percentile

40%

Higher net margin than 81% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

41st percentile

$100,000

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

71st percentile

21%

Faster asset growth than 71% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

89th percentile

105%

Faster revenue growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets34th percentile

Assets

Up

$8,100,398

Up $1,389,924 (+21%) from 2020

Net Assets

Up

$7,745,872

Up $1,865,286 (+32%) from 2020

Liabilities

Down

$354,526

Down $475,362 (-57%) from 2020

Revenue And Expenses
Liabilities / Revenue34th percentileNet Margin81st percentile

Revenue

Up

$4,689,110

Up $2,397,956 (+105%) from 2020

Expenses

Down

$2,823,824

Down $101,718 (-3.5%) from 2020

Net Income

Up

$1,865,286

Up $2,499,674 (+394%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth71st 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

2021

Assets$8,100,398
Liabilities$354,526
Net Assets$7,745,872
Open 2021 Filing

Operations Trend

Revenue Growth89th 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

2021

Revenue$4,689,110
Expenses$2,823,824
Net Income$1,865,286
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 30, 2021
Return Version
2020v4.0
Gross Receipts
$4,689,110
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$3,950,361$5,250,104▲ $1,299,743
Land, Buildings, and Equipment, Net$2,019,479$1,797,079▼ $222,400
Savings and Temporary Cash Investments$653,103$970,551▲ $317,448
Pledges and Grants Receivable$75,000--
Accounts Receivable$652$66,042▲ $65,390
Prepaid Expenses and Deferred Charges$11,879$16,622▲ $4,743
Total Assets$6,710,474$8,100,398▲ $1,389,924
Liabilities
Deferred Revenue$272,188$272,243▲ $55
Mortgage Notes Payable Secured by Investment Property$421,330$46,435▼ $374,895
Accounts Payable and Accrued Expenses$136,370$35,848▼ $100,522
Total Liabilities$829,888$354,526▼ $475,362
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,152,154$6,752,509▲ $1,600,355
Net Assets With Donor Restrictions$728,432$993,363▲ $264,931
Total Net Assets Fund Balance$5,880,586$7,745,872▲ $1,865,286
Total Liabilities and Net Assets / Fund Balance$6,710,474$8,100,398▲ $1,389,924

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$914,735$2,817,534$3,732,269
Equipment$191,524$821,377$1,012,901
Land$603,813-$603,813
Other Land Buildings$87,007$26,591$113,598
Other Securities$49,992--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$3,950,361-▲ $1,249,751-$5,200,112
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 Pay41st percentile

Employees

NameTitleBaseTotal
Charlie MasonHeadmaster$100,000$100,000

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
$1,215,587
Program Service Revenue
$2,223,772
Investment Income
$1,249,751
Other Revenue
$0
All Other Contributions
$767,387
Change in Net Assets
$1,865,286

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,689,110
Total Revenue per Audited Statements
$4,689,110
Total Revenue per Form 990
$4,689,110
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,955,164
Other Expenses$868,660
Total Fundraising Expense$20,323
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,580,781$363,296$11,087$1,955,164
Depreciation Depletion$229,127$2,311-$231,438
Office Expenses$172,447$29,905-$202,352
Occupancy$147,460$1,491-$148,951
Insurance$75,368$761-$76,129
Other Expenses$42,837$523-$42,837
Fees for Services Accounting-$20,455-$20,455
Travel$9,414--$9,414
Advertising--$9,236$9,236
Information Technology$855--$855
Interest-$815-$815
Total Functional Expenses$2,350,397$453,104$20,323$2,823,824

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,823,824
Total Expenses per Audited Statements$2,823,824
Total Expenses per Form 990$2,823,824
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
2021-10-30
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/InvestmentsOtherSecuritiesGrp/BOYAmt03950361
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05250104
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03665502
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02019479
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01797079
IRS990/LandBldgEquipCostOrOtherBssAmt05462581
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/BOYAmt0421330
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt046435
IRS990/NetAssetsOrFundBalancesBOYAmt05880586
IRS990/NetAssetsOrFundBalancesEOYAmt07745872
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05152154
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06752509
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01491
IRS990/OccupancyGrp/ProgramServicesAmt0147460
IRS990/OccupancyGrp/TotalAmt0148951
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029905
IRS990/OfficeExpensesGrp/ProgramServicesAmt0172447
IRS990/OfficeExpensesGrp/TotalAmt0202352
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2BAD DEBT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt033547
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1523
IRS990/OtherExpensesGrp/ProgramServicesAmt040330
IRS990/OtherExpensesGrp/ProgramServicesAmt151778
IRS990/OtherExpensesGrp/ProgramServicesAmt242837
IRS990/OtherExpensesGrp/TotalAmt073877
IRS990/OtherExpensesGrp/TotalAmt152301
IRS990/OtherExpensesGrp/TotalAmt242837
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt011087
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0363296
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01580781
IRS990/OtherSalariesAndWagesGrp/TotalAmt01955164
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt075000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011879
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016622
IRS990/PrincipalOfficerNm0CHARLIE MASON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02106642
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1117130
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02106642
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1117130
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0273267
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-269286
IRS990/PYOtherExpensesAmt0999970
IRS990/PYProgramServiceRevenueAmt02287173
IRS990/PYRevenuesLessExpensesAmt0-634388
IRS990/PYSalariesCompEmpBnftPaidAmt01925572
IRS990/PYTotalExpensesAmt02925542
IRS990/PYTotalRevenueAmt02291154
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01865286
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02223772
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0653103
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0970551
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/BookValueAmt0914735
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02817534
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03732269
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03950361
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt05200112
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01249751
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0-2967
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04257647
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03950361
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-266319
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0-38000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0-2995
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04408853
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04257647
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0151789
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0-300000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0191524
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0821377
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01012901
IRS990ScheduleD/ExpensesSubtotalAmt02823824
IRS990ScheduleD/LandGrp/BookValueAmt0603813
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0603813
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt087007
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026591
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0113598
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt04256741
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1943371
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt249992
IRS990ScheduleD/OtherSecuritiesGrp/Desc0UNIVERSITY OF MISSISSIPPI FOUNDATION
IRS990ScheduleD/OtherSecuritiesGrp/Desc1COMMUNITY FOUNDATION OF NORTHWEST MS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2MONEY MARKET
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.18000
IRS990ScheduleD/RevenueSubtotalAmt04689110
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE SUPPORT FOR TUITION AND SCHOLARSHIP
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01797079
IRS990ScheduleD/TotalBookValueSecuritiesAmt05250104
IRS990ScheduleD/TotalExpensesPerForm990Amt02823824
IRS990ScheduleD/TotalRevenuePerForm990Amt04689110
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04689110
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02823824
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
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,100,398
Liabilities
$354,526
Net assets
$7,745,872
Revenue
$4,689,110
Expenses
$2,823,824
Net income
$1,865,286
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
2021Detailed filing. Detailed filing data is available for this year.$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
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