Civic Intelligence

Lamar School Foundation

990 • Fiscal year 2024 • EIN 64-6026543

Jun 01, 2023 to May 31, 2024 • Filed on Feb 06, 2025

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

26th percentile

0.03x

Higher debt load relative to assets than 26% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.05x

Higher debt load relative to revenue than 20% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

61st percentile

9.5%

Higher net margin than 61% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

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

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

41st percentile

2.5%

Faster asset growth than 41% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-4.2%

Faster revenue growth than 25% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$11,020,279

Up $266,821 (+2.5%) from 2023

Net Assets

Up

$10,647,534

Up $658,539 (+6.6%) from 2023

Liabilities

Down

$372,745

Down $391,718 (-51%) from 2023

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin61st percentile

Revenue

Down

$6,955,174

Down $302,880 (-4.2%) from 2023

Expenses

Up

$6,296,635

Up $151,978 (+2.5%) from 2023

Net Income

Down

$658,539

Down $454,858 (-41%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth41st 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

2024

Assets$11,020,279
Liabilities$372,745
Net Assets$10,647,534
Open 2024 Filing

Operations Trend

Revenue Growth25th 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

2024

Revenue$6,955,174
Expenses$6,296,635
Net Income$658,539
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Feb 6, 2025
Return Version
2023v6.0
Gross Receipts
$7,145,803
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$7,128,320$6,931,533▼ $196,787
Accounts Receivable$1,374,683$1,316,784▼ $57,899
Cash and Non-Interest-Bearing Accounts$738,994$1,130,166▲ $391,172
Savings and Temporary Cash Investments$823,189$872,233▲ $49,044
Investments in Publicly Traded Securities$547,807$628,295▲ $80,488
Prepaid Expenses and Deferred Charges$19,327$20,780▲ $1,453
Inventories for Sale or Use$18,112$17,462▼ $650
Total Assets$10,753,458$11,020,279▲ $266,821
Other Assets Total$103,026$103,026→ $0
Liabilities
Deferred Revenue$128,430$215,404▲ $86,974
Accounts Payable and Accrued Expenses$83,628$95,617▲ $11,989
Mortgage Notes Payable Secured by Investment Property$552,405$61,724▼ $490,681
Total Liabilities$764,463$372,745▼ $391,718
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,997,689$9,601,212▲ $603,523
Net Assets With Donor Restrictions$991,306$1,046,322▲ $55,016
Total Net Assets Fund Balance$9,988,995$10,647,534▲ $658,539
Total Liabilities and Net Assets / Fund Balance$10,753,458$11,020,279▲ $266,821

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,411,687$4,621,946$10,033,633
Equipment$373,569$2,312,516$2,686,085
Leasehold Improvements$759,849$363,618$1,123,467
Land$386,428-$386,428
Compensation and Service Providers
Top Officer Pay15th percentile

Board Members and Trustees

NameTitle
Brandon DunnPresident
Lj FrugeVice President
Anthony PritchardDirector
Jeremy HillDirector
John AldridgeDirector
Matt CassellDirector
Paula MorganDirector
Isa HallSecretary
Drew MoffettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$259,027
Program Service Revenue
$6,159,703
Investment Income
$28,412
Other Revenue
$508,032
All Other Contributions
$259,027
Change in Net Assets
$658,539
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,449,125
Other Expenses$2,847,510
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$2,839,336$315,482-$3,154,818
Fees for Services Other$589,413$5,663-$595,076
Depreciation Depletion$427,683--$427,683
Payroll Taxes$205,110$22,790-$227,900
Other Expenses$206,139$22,147-$206,139
All Other Expenses$169,745$1,638-$171,383
Insurance-$119,252-$119,252
Office Expenses$77,762$8,640-$86,402
Pension Plan Contributions$59,766$6,641-$66,407
Information Technology$47,576$5,286-$52,862
Travel$47,466$5,274-$52,740
Interest-$27,509-$27,509
Fees for Services Accounting-$20,050-$20,050
Advertising$8,046$894-$8,940
Fees for Services Legal-$2,960-$2,960
Total Functional Expenses$5,701,681$594,954$0$6,296,635
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$266,910
Fundraising Direct Expenses$183,292
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$266,910$266,910$183,292$83,618
Total Events$266,910$266,910$183,292$83,618
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
Leigh Ann Ballou
Title
Head of Schools
Phone
6014821345
Signed
2025-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Mcrae
Formed
1964
Legal Domicile
Ms
Voting Board Members
9
Independent Board Members
9
Employees
140
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, 2024, 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/BOYAmt083628
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt095617
IRS990/AccountsReceivableGrp/BOYAmt01374683
IRS990/AccountsReceivableGrp/EOYAmt01316784
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE A CHALLENGING AND STIMULATING CURRICULUM FOR COLLEGE-BOUND STUDENTS
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0894
IRS990/AdvertisingGrp/ProgramServicesAmt08046
IRS990/AdvertisingGrp/TotalAmt08940
IRS990/AllOtherContributionsAmt0259027
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01638
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0169745
IRS990/AllOtherExpensesGrp/TotalAmt0171383
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/BOYAmt0738994
IRS990/CashNonInterestBearingGrp/EOYAmt01130166
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt0315482
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt02839336
IRS990/CompDisqualPersonsGrp/TotalAmt03154818
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0259027
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt028412
IRS990/CYOtherExpensesAmt02847510
IRS990/CYOtherRevenueAmt0508032
IRS990/CYProgramServiceRevenueAmt06159703
IRS990/CYRevenuesLessExpensesAmt0658539
IRS990/CYSalariesCompEmpBnftPaidAmt03449125
IRS990/CYTotalExpensesAmt06296635
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06955174
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0128430
IRS990/DeferredRevenueGrp/EOYAmt0215404
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0427683
IRS990/DepreciationDepletionGrp/TotalAmt0427683
IRS990/Desc0THE ADVANCEMENT OF STUDENTS FROM PRE-KINDERGARDEN TO COLLEGE ENTRANCE
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0991306
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01046322
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0140
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt05701681
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt020050
IRS990/FeesForServicesAccountingGrp/TotalAmt020050
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02960
IRS990/FeesForServicesLegalGrp/TotalAmt02960
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05663
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0589413
IRS990/FeesForServicesOtherGrp/TotalAmt0595076
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/PersonNm0ANTHONY PRITCHARD
IRS990/Form990PartVIISectionAGrp/PersonNm1JEREMY HILL
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN ALDRIDGE
IRS990/Form990PartVIISectionAGrp/PersonNm3MATT CASSELL
IRS990/Form990PartVIISectionAGrp/PersonNm4PAULA MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm5BRANDON DUNN
IRS990/Form990PartVIISectionAGrp/PersonNm6ISA HALL
IRS990/Form990PartVIISectionAGrp/PersonNm7DREW MOFFETT
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/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt0183292
IRS990/FundraisingGrossIncomeAmt0266910
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07145803
IRS990/GrossRentsGrp/RealAmt03500
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05286
IRS990/InformationTechnologyGrp/ProgramServicesAmt047576
IRS990/InformationTechnologyGrp/TotalAmt052862
IRS990/InsuranceGrp/ManagementAndGeneralAmt0119252
IRS990/InsuranceGrp/TotalAmt0119252
IRS990/InterestGrp/ManagementAndGeneralAmt027509
IRS990/InterestGrp/TotalAmt027509
IRS990/InventoriesForSaleOrUseGrp/BOYAmt018112
IRS990/InventoriesForSaleOrUseGrp/EOYAmt017462
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt028412
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt028412
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0547807
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0628295
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07298080
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07128320
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06931533
IRS990/LandBldgEquipCostOrOtherBssAmt014229613
IRS990/LegalDomicileStateCd0MS
IRS990/LessRentalExpensesGrp/RealAmt07337
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/BOYAmt0552405
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt061724
IRS990/NetAssetsOrFundBalancesBOYAmt09988995
IRS990/NetAssetsOrFundBalancesEOYAmt010647534
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt083618
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt083618
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-3837
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-3837
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08997689
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt09601212
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08640
IRS990/OfficeExpensesGrp/ProgramServicesAmt077762
IRS990/OfficeExpensesGrp/TotalAmt086402
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0103026
IRS990/OtherAssetsTotalGrp/EOYAmt0103026
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0STUDENT ACTIVITY
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3TUITION ASSISTANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt030728
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt122147
IRS990/OtherExpensesGrp/ProgramServicesAmt0547768
IRS990/OtherExpensesGrp/ProgramServicesAmt1276552
IRS990/OtherExpensesGrp/ProgramServicesAmt2199319
IRS990/OtherExpensesGrp/ProgramServicesAmt3206139
IRS990/OtherExpensesGrp/TotalAmt0547768
IRS990/OtherExpensesGrp/TotalAmt1307280
IRS990/OtherExpensesGrp/TotalAmt2221466
IRS990/OtherExpensesGrp/TotalAmt3206139
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/BusinessCd1611710
IRS990/OtherRevenueMiscGrp/BusinessCd2611710
IRS990/OtherRevenueMiscGrp/Desc0TEMP RESTRICTED REVENU
IRS990/OtherRevenueMiscGrp/Desc1EANS/GEERS REIMBURSEME
IRS990/OtherRevenueMiscGrp/Desc2MISC INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0287235
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1126545
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt214471
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0287235
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1126545
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt214471
IRS990/OtherRevenueTotalAmt0428251
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt022790
IRS990/PayrollTaxesGrp/ProgramServicesAmt0205110
IRS990/PayrollTaxesGrp/TotalAmt0227900
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06641
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt059766
IRS990/PensionPlanContributionsGrp/TotalAmt066407
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019327
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020780
IRS990/PrincipalOfficerNm0JOHN MCRAE
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/Desc2FIELD TRIP REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc4STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04977071
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1371137
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2222170
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3221663
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4133915
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04977071
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1371137
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2222170
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3221663
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4133915
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0933933
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt010918
IRS990/PYOtherExpensesAmt02740929
IRS990/PYOtherRevenueAmt0272639
IRS990/PYProgramServiceRevenueAmt06040564
IRS990/PYRevenuesLessExpensesAmt01113397
IRS990/PYSalariesCompEmpBnftPaidAmt03403728
IRS990/PYTotalExpensesAmt06144657
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07258054
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0658539
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-3837
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06616366
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0823189
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0872233
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/BookValueAmt05411687
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04621946
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010033633
IRS990ScheduleD/EquipmentGrp/BookValueAmt0373569
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02312516
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02686085
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0386428
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0386428
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0759849
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0363618
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01123467
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, 2024, 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/TotalBookValueLandBuildingsAmt06931533
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/DirectExpenseSummaryEventsAmt0183292
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0266910
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0266910
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0266910
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0266910
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt083618
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0183292
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0183292
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/TotalAssetsBOYAmt010753458
IRS990/TotalAssetsEOYAmt011020279
IRS990/TotalAssetsGrp/BOYAmt010753458
IRS990/TotalAssetsGrp/EOYAmt011020279
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0259027
IRS990/TotalEmployeeCnt0140
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,020,279
Liabilities
$372,745
Net assets
$10,647,534
Revenue
$6,955,174
Expenses
$6,296,635
Net income
$658,539
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