Civic Intelligence

Lamar School Foundation

990 • Fiscal year 2022 • EIN 64-6026543

Jun 01, 2021 to May 31, 2022 • Filed on Feb 20, 2023

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

45th percentile

0.10x

Higher debt load relative to assets than 45% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

42nd percentile

0.11x

Higher debt load relative to revenue than 42% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

76th percentile

26%

Higher net margin than 76% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

81st percentile

23%

Faster asset growth than 81% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

84th percentile

47%

Faster revenue growth than 84% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$9,820,557

Up $1,844,174 (+23%) from 2021

Net Assets

Up

$8,875,598

Up $2,203,585 (+33%) from 2021

Liabilities

Down

$944,959

Down $359,411 (-28%) from 2021

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin76th percentile

Revenue

Up

$8,397,951

Up $2,681,766 (+47%) from 2021

Expenses

Up

$6,194,366

Up $658,328 (+12%) from 2021

Net Income

Up

$2,203,585

Up $2,023,438 (+1123%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth81st 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

2022

Assets$9,820,557
Liabilities$944,959
Net Assets$8,875,598
Open 2022 Filing

Operations Trend

Revenue Growth84th 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

2022

Revenue$8,397,951
Expenses$6,194,366
Net Income$2,203,585
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2021 to May 31, 2022
Signed
Feb 20, 2023
Return Version
2021v4.2
Gross Receipts
$8,530,745
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$6,613,410$6,409,621▼ $203,789
Accounts Receivable$4,082$1,806,854▲ $1,802,772
Savings and Temporary Cash Investments$168,821$575,239▲ $406,418
Cash and Non-Interest-Bearing Accounts$636,643$509,554▼ $127,089
Investments in Publicly Traded Securities$495,405$456,612▼ $38,793
Prepaid Expenses and Deferred Charges$20,414$21,748▲ $1,334
Inventories for Sale or Use$19,386$19,334▼ $52
Total Assets$7,976,383$9,820,557▲ $1,844,174
Other Assets Total$18,222$21,595▲ $3,373
Liabilities
Mortgage Notes Payable Secured by Investment Property$977,887$614,258▼ $363,629
Accounts Payable and Accrued Expenses$215,912$230,663▲ $14,751
Deferred Revenue$110,571$100,038▼ $10,533
Total Liabilities$1,304,370$944,959▼ $359,411
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,790,283$7,890,853▲ $2,100,570
Net Assets With Donor Restrictions$881,730$984,745▲ $103,015
Total Net Assets Fund Balance$6,672,013$8,875,598▲ $2,203,585
Total Liabilities and Net Assets / Fund Balance$7,976,383$9,820,557▲ $1,844,174

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,652,851$4,007,759$9,660,610
Equipment$375,685$2,138,385$2,514,070
Leasehold Improvements$147,275$264,753$412,028
Land$200,000-$200,000
Other Land Buildings$33,810$56,361$90,171
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Larkin KennedyPresident
Gerry MitchellVice President
Isa HallDirector
John AldridgeDirector
John McraeDirector
Matt CassellDirector
Paula MorganDirector
Lj FrugeSecretary
Brandon DunnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$482,625
Program Service Revenue
$5,751,817
Investment Income
$1,026
Other Revenue
$2,162,483
All Other Contributions
$482,625
Change in Net Assets
$2,203,585
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,286,589
Other Expenses$2,907,777
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,705,173$300,575-$3,005,748
Fees for Services Other$520,633$5,268-$525,901
Depreciation Depletion$374,245--$374,245
Fees for Services Accounting-$282,381-$282,381
Information Technology$217,804$24,200-$242,004
Payroll Taxes$199,760$22,196-$221,956
Other Expenses$188,454$19,778-$188,454
All Other Expenses$167,222$1,688-$168,910
Insurance-$98,601-$98,601
Travel$67,730$7,525-$75,255
Office Expenses$56,710$6,300-$63,010
Pension Plan Contributions$52,997$5,888-$58,885
Interest-$25,765-$25,765
Advertising$5,131$570-$5,701
Total Functional Expenses$5,361,366$833,000$0$6,194,366
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$252,544
Fundraising Direct Expenses$132,794
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$252,544$252,544-$252,544
Total Events$252,544$252,544$127,061$125,483
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
Brandon Dunn
Title
Treasurer
Phone
6014821345
Signed
2023-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandon Dunn
Formed
1964
Legal Domicile
Ms
Voting Board Members
9
Independent Board Members
9
Employees
134
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 467 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/BOYAmt0215912
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0230663
IRS990/AccountsReceivableGrp/BOYAmt04082
IRS990/AccountsReceivableGrp/EOYAmt01806854
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE A CHALLENGING AND STIMULATING CURRICULUM FOR COLLEGE-BOUND STUDENTS
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0570
IRS990/AdvertisingGrp/ProgramServicesAmt05131
IRS990/AdvertisingGrp/TotalAmt05701
IRS990/AllOtherContributionsAmt0482625
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01688
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0167222
IRS990/AllOtherExpensesGrp/TotalAmt0168910
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/BOYAmt0636643
IRS990/CashNonInterestBearingGrp/EOYAmt0509554
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0482625
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01026
IRS990/CYOtherExpensesAmt02907777
IRS990/CYOtherRevenueAmt02162483
IRS990/CYProgramServiceRevenueAmt05751817
IRS990/CYRevenuesLessExpensesAmt02203585
IRS990/CYSalariesCompEmpBnftPaidAmt03286589
IRS990/CYTotalExpensesAmt06194366
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08397951
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0110571
IRS990/DeferredRevenueGrp/EOYAmt0100038
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0374245
IRS990/DepreciationDepletionGrp/TotalAmt0374245
IRS990/Desc0THE ADVANCEMENT OF STUDENTS FROM PRE-KINDERGARDEN TO COLLEGE ENTRANCE
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0881730
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0984745
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0134
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt05361366
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0282381
IRS990/FeesForServicesAccountingGrp/TotalAmt0282381
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05268
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0520633
IRS990/FeesForServicesOtherGrp/TotalAmt0525901
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/PersonNm0JOHN MCRAE
IRS990/Form990PartVIISectionAGrp/PersonNm1ISA HALL
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN ALDRIDGE
IRS990/Form990PartVIISectionAGrp/PersonNm3MATT CASSELL
IRS990/Form990PartVIISectionAGrp/PersonNm4PAULA MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm5BRANDON DUNN
IRS990/Form990PartVIISectionAGrp/PersonNm6LARKIN KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm7GERRY MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm8LJ FRUGE
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/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt0132794
IRS990/FundraisingGrossIncomeAmt0252544
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt08530745
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt024200
IRS990/InformationTechnologyGrp/ProgramServicesAmt0217804
IRS990/InformationTechnologyGrp/TotalAmt0242004
IRS990/InsuranceGrp/ManagementAndGeneralAmt098601
IRS990/InsuranceGrp/TotalAmt098601
IRS990/InterestGrp/ManagementAndGeneralAmt025765
IRS990/InterestGrp/TotalAmt025765
IRS990/InventoriesForSaleOrUseGrp/BOYAmt019386
IRS990/InventoriesForSaleOrUseGrp/EOYAmt019334
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01026
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01026
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0495405
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0456612
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06467258
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06613410
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06409621
IRS990/LandBldgEquipCostOrOtherBssAmt012876879
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/BOYAmt0977887
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0614258
IRS990/NetAssetsOrFundBalancesBOYAmt06672013
IRS990/NetAssetsOrFundBalancesEOYAmt08875598
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0119750
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0119750
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05790283
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07890853
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06300
IRS990/OfficeExpensesGrp/ProgramServicesAmt056710
IRS990/OfficeExpensesGrp/TotalAmt063010
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt018222
IRS990/OtherAssetsTotalGrp/EOYAmt021595
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0STUDENT ACTIVITY EXPENS
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3TUITION ASSISTANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt032265
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt119778
IRS990/OtherExpensesGrp/ProgramServicesAmt0337123
IRS990/OtherExpensesGrp/ProgramServicesAmt1290383
IRS990/OtherExpensesGrp/ProgramServicesAmt2178001
IRS990/OtherExpensesGrp/ProgramServicesAmt3188454
IRS990/OtherExpensesGrp/TotalAmt0337123
IRS990/OtherExpensesGrp/TotalAmt1322648
IRS990/OtherExpensesGrp/TotalAmt2197779
IRS990/OtherExpensesGrp/TotalAmt3188454
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/BusinessCd1611710
IRS990/OtherRevenueMiscGrp/BusinessCd2611710
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/Desc1TEMP RESTRICTED REVENU
IRS990/OtherRevenueMiscGrp/Desc2OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01783308
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1247010
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt212415
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01783308
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1247010
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt212415
IRS990/OtherRevenueTotalAmt02042733
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0300575
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02705173
IRS990/OtherSalariesAndWagesGrp/TotalAmt03005748
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt022196
IRS990/PayrollTaxesGrp/ProgramServicesAmt0199760
IRS990/PayrollTaxesGrp/TotalAmt0221956
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05888
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt052997
IRS990/PensionPlanContributionsGrp/TotalAmt058885
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020414
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021748
IRS990/PrincipalOfficerNm0BRANDON DUNN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1DIRECT PUBLIC GRANTS
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/Desc3REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc4TECHNOLOGY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04524166
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1376640
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2321666
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3216362
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4133609
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04524166
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1376640
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2321666
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3216362
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4133609
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0106390
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0137
IRS990/PYOtherExpensesAmt02355325
IRS990/PYOtherRevenueAmt0480902
IRS990/PYProgramServiceRevenueAmt05128756
IRS990/PYRevenuesLessExpensesAmt0180147
IRS990/PYSalariesCompEmpBnftPaidAmt03180713
IRS990/PYTotalExpensesAmt05536038
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05716185
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02203585
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07795576
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0168821
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0575239
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/BookValueAmt05652851
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04007759
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09660610
IRS990ScheduleD/EquipmentGrp/BookValueAmt0375685
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02138385
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02514070
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0200000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0200000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0147275
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0264753
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0412028
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt033810
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt056361
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/TotalBookValueLandBuildingsAmt06409621
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/DirectExpenseSummaryEventsAmt0127061
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0127061
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0127061
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0252544
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0252544
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0252544
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0252544
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0125483
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/TotalAssetsBOYAmt07976383
IRS990/TotalAssetsEOYAmt09820557
IRS990/TotalAssetsGrp/BOYAmt07976383
IRS990/TotalAssetsGrp/EOYAmt09820557
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0482625
IRS990/TotalEmployeeCnt0134
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0833000
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05361366
IRS990/TotalFunctionalExpensesGrp/TotalAmt06194366
IRS990/TotalGrossUBIAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$9,820,557
Liabilities
$944,959
Net assets
$8,875,598
Revenue
$8,397,951
Expenses
$6,194,366
Net income
$2,203,585
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