Civic Intelligence

Lamar School Foundation

990 • Fiscal year 2021 • EIN 64-6026543

Jun 01, 2020 to May 31, 2021 • Filed on Feb 22, 2022

Organization ProfileWWW.LAMARSCHOOL.COM

View Organization Page

544 Lindley RoadMeridian, MS 39303-3387

(601) 482-1345

Siviq Scores

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

Liabilities / Assets

55th percentile

0.16x

Higher debt load relative to assets than 55% of similar nonprofits.

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

Liabilities / Revenue

58th percentile

0.23x

Higher debt load relative to revenue than 58% of similar nonprofits.

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

Net Margin

31st percentile

3.2%

Higher net margin than 31% of similar nonprofits.

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

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

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

Asset Growth

9th percentile

-6.7%

Faster asset growth than 9% of similar nonprofits.

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

Revenue Growth

23rd percentile

-5.3%

Faster revenue growth than 23% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$7,976,383

Down $575,714 (-6.7%) from 2020

Net Assets

Up

$6,672,013

Up $180,147 (+2.8%) from 2020

Liabilities

Down

$1,304,370

Down $755,861 (-37%) from 2020

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin31st percentile

Revenue

Down

$5,716,185

Down $318,985 (-5.3%) from 2020

Expenses

Up

$5,536,038

Up $276,306 (+5.3%) from 2020

Net Income

Down

$180,147

Down $595,291 (-77%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$15M$10M$5.0M$0Assets 2011: $4,456,991Liabilities 2011: $1,329,297Net Assets 2011: $3,127,6942011Assets 2012: $4,312,620Liabilities 2012: $1,066,018Net Assets 2012: $3,246,6022012Assets 2013: $4,326,561Liabilities 2013: $1,063,785Net Assets 2013: $3,262,7762013Assets 2014: $4,325,390Liabilities 2014: $910,318Net Assets 2014: $3,415,0722014Assets 2015: $5,222,005Liabilities 2015: $845,507Net Assets 2015: $4,376,4982015Assets 2016: $6,037,774Liabilities 2016: $1,287,725Net Assets 2016: $4,750,0492016Assets 2017: $8,103,509Liabilities 2017: $2,943,326Net Assets 2017: $5,160,1832017Assets 2018: $7,897,209Liabilities 2018: $2,454,168Net Assets 2018: $5,443,0412018Assets 2019: $7,930,722Liabilities 2019: $2,214,294Net Assets 2019: $5,716,4282019Assets 2020: $8,552,097Liabilities 2020: $2,060,231Net Assets 2020: $6,491,8662020Assets 2021: $7,976,383Liabilities 2021: $1,304,370Net Assets 2021: $6,672,0132021Assets 2022: $9,820,557Liabilities 2022: $944,959Net Assets 2022: $8,875,5982022Assets 2023: $10,753,458Liabilities 2023: $764,463Net Assets 2023: $9,988,9952023Assets 2024: $11,020,279Liabilities 2024: $372,745Net Assets 2024: $10,647,5342024Assets 2025: $11,743,433Liabilities 2025: $672,665Net Assets 2025: $11,070,7682025

Highlighted filing

2021

Assets$7,976,383
Liabilities$1,304,370
Net Assets$6,672,013
Open 2021 Filing

Operations Trend

Revenue Growth23rd percentile

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

$10M$5.0M$0Expenses 2011: $3,776,5312011Revenue 2012: $4,093,196Expenses 2012: $3,974,288Net Income 2012: $118,9082012Expenses 2013: $4,061,1922013Revenue 2014: $4,197,593Expenses 2014: $4,045,297Net Income 2014: $152,2962014Revenue 2015: $5,768,907Expenses 2015: $4,793,853Net Income 2015: $975,0542015Revenue 2016: $4,863,783Expenses 2016: $4,490,232Net Income 2016: $373,5512016Revenue 2017: $5,049,154Expenses 2017: $4,709,832Net Income 2017: $339,3222017Revenue 2018: $5,638,687Expenses 2018: $5,355,829Net Income 2018: $282,8582018Revenue 2019: $5,842,428Expenses 2019: $5,569,041Net Income 2019: $273,3872019Revenue 2020: $6,035,170Expenses 2020: $5,259,732Net Income 2020: $775,4382020Revenue 2021: $5,716,185Expenses 2021: $5,536,038Net Income 2021: $180,1472021Revenue 2022: $8,397,951Expenses 2022: $6,194,366Net Income 2022: $2,203,5852022Revenue 2023: $7,258,054Expenses 2023: $6,144,657Net Income 2023: $1,113,3972023Revenue 2024: $6,955,174Expenses 2024: $6,296,635Net Income 2024: $658,5392024Revenue 2025: $7,087,672Expenses 2025: $6,664,438Net Income 2025: $423,2342025

Highlighted filing

2021

Revenue$5,716,185
Expenses$5,536,038
Net Income$180,147
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Feb 22, 2022
Return Version
2020v4.2
Gross Receipts
$5,782,389
Mission and Program Overview

Mission

To provide a challenging and stimulating curriculum for college-bound students in order to maximize the total development of the student

To provide a challenging and stimulating curriculum for college-bound students

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,870,749$6,613,409▼ $257,340
Cash and Non-Interest-Bearing Accounts$832,552$636,645▼ $195,907
Investments in Publicly Traded Securities$380,700$487,512▲ $106,812
Savings and Temporary Cash Investments$124,060$176,713▲ $52,653
Prepaid Expenses and Deferred Charges$15,781$20,414▲ $4,633
Inventories for Sale or Use$20,484$19,386▼ $1,098
Accounts Receivable$173,014$4,082▼ $168,932
Total Assets$8,552,097$7,976,383▼ $575,714
Other Assets Total$134,757$18,222▼ $116,535
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,578,985$977,887▼ $601,098
Accounts Payable and Accrued Expenses$341,634$215,912▼ $125,722
Deferred Revenue$139,612$110,571▼ $29,041
Total Liabilities$2,060,231$1,304,370▼ $755,861
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,768,650$5,790,283▲ $21,633
Net Assets With Donor Restrictions$723,216$881,730▲ $158,514
Total Net Assets Fund Balance$6,491,866$6,672,013▲ $180,147
Total Liabilities and Net Assets / Fund Balance$8,552,097$7,976,383▼ $575,714

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,860,762$3,749,905$9,610,667
Equipment$373,013$2,046,152$2,419,165
Leasehold Improvements$136,163$250,255$386,418
Land$200,000-$200,000
Other Land Buildings$43,471$46,700$90,171
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Ronnie SmithPresident
Larkin KennedyVice President
John AldridgeDirector
John McraeDirector
Matt CassellDirector
Paula MorganDirector
Sheila UithovenDirector
Lj FrugeSecretary
Gerry MitchellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$106,390
Program Service Revenue
$5,128,756
Investment Income
$137
Other Revenue
$480,902
All Other Contributions
$106,390
Change in Net Assets
$180,147
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,180,713
Other Expenses$2,355,325
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,596,522$288,501-$2,885,023
Fees for Services Other$458,430--$458,430
Depreciation Depletion$397,004--$397,004
Payroll Taxes$192,232$21,359-$213,591
Other Expenses$145,271$16,141-$161,412
All Other Expenses$131,946$3,078-$135,024
Insurance-$96,980-$96,980
Pension Plan Contributions$73,889$8,210-$82,099
Office Expenses$63,289$7,032-$70,321
Travel$55,892$6,210-$62,102
Interest-$50,595-$50,595
Fees for Services Accounting-$14,500-$14,500
Advertising$3,819$425-$4,244
Total Functional Expenses$4,971,323$564,715$0$5,536,038
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$178,302
Fundraising Direct Expenses$66,204
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$178,302$178,302-$178,302
Total Events$178,302$178,302$66,204$112,098
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
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
Yes
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, Part VI, Section B, Line 11B

“The treasurer of the organization reviews the return then explains and discusses the return with board members at the next formal meeting”

Form 990, Part VI, Section B, Line 15

“Salaries approved by board of directors”

Form 990, Part VI, Section C, Line 18

“AVAILABLE UPON REQUEST”

Form 990, Part VI, Section C, Line 19

“NOT AVAILABLE TO PUBLIC”

Filing and Contact Details

Filer

Filer Name
Lamar School Foundation
EIN
64-6026543
Phone
6014821345
Address
544 LINDLEY ROAD, MERIDIAN, MS 39303-3387

Signing Officer

Name
Gerry Mitchell
Title
Treasurer
Phone
6014821345
Signed
2022-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gerry Mitchell
Formed
1964
Legal Domicile
Ms
Voting Board Members
9
Independent Board Members
9
Employees
131
Volunteers
0

Preparer

Firm
Swain Collins & Napp Pa
Address
2921 8TH STREET, MERIDIAN, MS 39301
Preparer
Al Collins
Phone
6014838090
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“No changes have been made to the oversight process”

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken from the foundation and recognize a tax liability (or asset) if the foundation has taken an uncertain tax position that more likely than not would be sustained upon examination by the internal revenue service. Management has concluded that as of may 31, 2019, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclsoure in the financial statements.”

Raw XML AppendixShowing 400 of 460 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0341634
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0215912
IRS990/AccountsReceivableGrp/BOYAmt0173014
IRS990/AccountsReceivableGrp/EOYAmt04082
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE A CHALLENGING AND STIMULATING CURRICULUM FOR COLLEGE-BOUND STUDENTS
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0425
IRS990/AdvertisingGrp/ProgramServicesAmt03819
IRS990/AdvertisingGrp/TotalAmt04244
IRS990/AllOtherContributionsAmt0106390
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03078
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0131946
IRS990/AllOtherExpensesGrp/TotalAmt0135024
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MELISSA MABRY DIRECTOR OF FINANCE
IRS990/BooksInCareOfDetail/PhoneNum06014821345
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0544 LINDLEY ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0MERIDIAN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd039305
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0832552
IRS990/CashNonInterestBearingGrp/EOYAmt0636645
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0106390
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0137
IRS990/CYOtherExpensesAmt02355325
IRS990/CYOtherRevenueAmt0480902
IRS990/CYProgramServiceRevenueAmt05128756
IRS990/CYRevenuesLessExpensesAmt0180147
IRS990/CYSalariesCompEmpBnftPaidAmt03180713
IRS990/CYTotalExpensesAmt05536038
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05716185
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0139612
IRS990/DeferredRevenueGrp/EOYAmt0110571
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0397004
IRS990/DepreciationDepletionGrp/TotalAmt0397004
IRS990/Desc0THE ADVANCEMENT OF STUDENTS FROM PRE-KINDERGARDEN TO COLLEGE ENTRANCE
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0723216
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0881730
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0131
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt04971323
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt014500
IRS990/FeesForServicesAccountingGrp/TotalAmt014500
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0458430
IRS990/FeesForServicesOtherGrp/TotalAmt0458430
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt215.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt315.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt415.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt515.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt615.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt715.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt815.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0SHEILA UITHOVEN
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN MCRAE
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN ALDRIDGE
IRS990/Form990PartVIISectionAGrp/PersonNm3MATT CASSELL
IRS990/Form990PartVIISectionAGrp/PersonNm4PAULA MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm5LARKIN KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm6GERRY MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm7LJ FRUGE
IRS990/Form990PartVIISectionAGrp/PersonNm8RONNIE SMITH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt066204
IRS990/FundraisingGrossIncomeAmt0178302
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05782389
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt096980
IRS990/InsuranceGrp/TotalAmt096980
IRS990/InterestGrp/ManagementAndGeneralAmt050595
IRS990/InterestGrp/TotalAmt050595
IRS990/InventoriesForSaleOrUseGrp/BOYAmt020484
IRS990/InventoriesForSaleOrUseGrp/EOYAmt019386
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0137
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0137
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0380700
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0487512
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06093012
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06870749
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06613409
IRS990/LandBldgEquipCostOrOtherBssAmt012706421
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE A CHALLENGING AND STIMULATING CURRICULUM FOR COLLEGE-BOUND STUDENTS IN ORDER TO MAXIMIZE THE TOTAL DEVELOPMENT OF THE STUDENT
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01578985
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0977887
IRS990/NetAssetsOrFundBalancesBOYAmt06491866
IRS990/NetAssetsOrFundBalancesEOYAmt06672013
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0112098
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0112098
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05768650
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05790283
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07032
IRS990/OfficeExpensesGrp/ProgramServicesAmt063289
IRS990/OfficeExpensesGrp/TotalAmt070321
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0134757
IRS990/OtherAssetsTotalGrp/EOYAmt018222
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0STUDENT ACTIVITY EXPENS
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3TUITION ASSISTANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt032536
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt119148
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt216141
IRS990/OtherExpensesGrp/ProgramServicesAmt0387872
IRS990/OtherExpensesGrp/ProgramServicesAmt1292826
IRS990/OtherExpensesGrp/ProgramServicesAmt2172331
IRS990/OtherExpensesGrp/ProgramServicesAmt3145271
IRS990/OtherExpensesGrp/TotalAmt0387872
IRS990/OtherExpensesGrp/TotalAmt1325362
IRS990/OtherExpensesGrp/TotalAmt2191479
IRS990/OtherExpensesGrp/TotalAmt3161412
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/BusinessCd1611710
IRS990/OtherRevenueMiscGrp/Desc0TEMP RESTRICTED REVENU
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0326374
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt142430
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0326374
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt142430
IRS990/OtherRevenueTotalAmt0368804
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0288501
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02596522
IRS990/OtherSalariesAndWagesGrp/TotalAmt02885023
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021359
IRS990/PayrollTaxesGrp/ProgramServicesAmt0192232
IRS990/PayrollTaxesGrp/TotalAmt0213591
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08210
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt073889
IRS990/PensionPlanContributionsGrp/TotalAmt082099
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015781
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020414
IRS990/PrincipalOfficerNm0GERRY MITCHELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/Desc2REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc3TECHNOLOGY
IRS990/ProgramServiceRevenueGrp/Desc4DIRECT PUBLIC GRANTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04212033
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1272749
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2216848
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3131408
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4129865
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04212033
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1272749
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2216848
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3131408
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4129865
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt041280
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0436
IRS990/PYOtherExpensesAmt02174097
IRS990/PYOtherRevenueAmt0978705
IRS990/PYProgramServiceRevenueAmt05014749
IRS990/PYRevenuesLessExpensesAmt0775438
IRS990/PYSalariesCompEmpBnftPaidAmt03085635
IRS990/PYTotalExpensesAmt05259732
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06035170
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0180147
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05497697
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0124060
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0176713
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/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05860762
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03749905
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09610667
IRS990ScheduleD/EquipmentGrp/BookValueAmt0373013
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02046152
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02419165
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0200000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0200000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0136163
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0250255
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0386418
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt043471
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046700
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt090171
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN FROM THE FOUNDATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FOUNDATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS CONCLUDED THAT AS OF MAY 31, 2019, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLSOURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06613409
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0IN ALL ADVERTISMENTS AND PROMOTIONAL MATERIALS
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt066204
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt066204
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt066204
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0178302
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0178302
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0178302
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0178302
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0112098
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER OF THE ORGANIZATION REVIEWS THE RETURN THEN EXPLAINS AND DISCUSSES THE RETURN WITH BOARD MEMBERS AT THE NEXT FORMAL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SALARIES APPROVED BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NOT AVAILABLE TO PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGES HAVE BEEN MADE TO THE OVERSIGHT PROCESS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MS
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt08552097
IRS990/TotalAssetsEOYAmt07976383
IRS990/TotalAssetsGrp/BOYAmt08552097
IRS990/TotalAssetsGrp/EOYAmt07976383
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0106390
IRS990/TotalEmployeeCnt0131
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0564715
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04971323
IRS990/TotalFunctionalExpensesGrp/TotalAmt05536038
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02060231
IRS990/TotalLiabilitiesEOYAmt01304370
IRS990/TotalLiabilitiesGrp/BOYAmt02060231
IRS990/TotalLiabilitiesGrp/EOYAmt01304370
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06491866
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06672013
IRS990/TotalOtherCompensationAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$7,976,383
Liabilities
$1,304,370
Net assets
$6,672,013
Revenue
$5,716,185
Expenses
$5,536,038
Net income
$180,147
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$11.7$0.67$11.1$7.09$6.66$0.42
2024Detailed filing. Detailed filing data is available for this year.$11.0$0.37$10.6$6.96$6.30$0.66
2023Detailed filing. Detailed filing data is available for this year.$10.8$0.76$9.99$7.26$6.14$1.11
2022Detailed filing. Detailed filing data is available for this year.$9.82$0.94$8.88$8.40$6.19$2.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.98$1.30$6.67$5.72$5.54$0.18
2020Detailed filing. Detailed filing data is available for this year.$8.55$2.06$6.49$6.04$5.26$0.78
2019Detailed filing. Detailed filing data is available for this year.$7.93$2.21$5.72$5.84$5.57$0.27
2018Detailed filing. Detailed filing data is available for this year.$7.90$2.45$5.44$5.64$5.36$0.28
2017Summary only. Only limited summary data is available for this year.$8.10$2.94$5.16$5.05$4.71$0.34
2016Summary only. Only limited summary data is available for this year.$6.04$1.29$4.75$4.86$4.49$0.37
2015Summary only. Only limited summary data is available for this year.$5.22$0.85$4.38$5.77$4.79$0.98
2014Detailed filing. Detailed filing data is available for this year.$4.33$0.91$3.42$4.20$4.05$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.33$1.06$3.26$4.06
2012Summary only. Only limited summary data is available for this year.$4.31$1.07$3.25$4.09$3.97$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.46$1.33$3.13$3.78