Civic Intelligence

Kipp Memphis Inc.

990 • Fiscal year 2017 • EIN 68-0502820

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 23, 2018

Organization ProfileWWW.KIPPMEMPHIS.ORG
2670 Union Avenue Extended No 1100Memphis, TN 38112-4430

(901) 452-2682

Siviq Scores

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

Liabilities / Assets

56th percentile

0.32x

Higher debt load relative to assets than 56% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

29th percentile

0.14x

Higher debt load relative to revenue than 29% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

79th percentile

14%

Faster asset growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

66th percentile

11%

Faster revenue growth than 66% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$14,232,927

Up $1,797,344 (+14%) from 2016

Net Assets

Up

$9,737,159

Up $3,518,175 (+57%) from 2016

Liabilities

Down

$4,495,768

Down $1,720,831 (-28%) from 2016

Revenue And Expenses
Liabilities / Revenue29th percentileNet Margin69th percentile

Revenue

Up

$33,057,710

Up $3,344,555 (+11%) from 2016

Expenses

Up

$29,539,535

Up $2,922,317 (+11%) from 2016

Net Income

Up

$3,518,175

Up $422,238 (+14%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2011: $1,042,791Liabilities 2011: $1,069,448Net Assets 2011: -$26,6572011Assets 2012: $1,845,308Liabilities 2012: $1,388,641Net Assets 2012: $456,6672012Assets 2013: $4,400,493Liabilities 2013: $1,836,904Net Assets 2013: $2,563,5892013Assets 2014: $7,558,707Liabilities 2014: $1,828,565Net Assets 2014: $5,730,1422014Assets 2015: $10,824,159Liabilities 2015: $7,701,112Net Assets 2015: $3,123,0472015Assets 2016: $12,435,583Liabilities 2016: $6,216,599Net Assets 2016: $6,218,9842016Assets 2017: $14,232,927Liabilities 2017: $4,495,768Net Assets 2017: $9,737,1592017Assets 2018: $13,652,222Liabilities 2018: $4,449,079Net Assets 2018: $9,203,1432018Assets 2019: $13,677,844Liabilities 2019: $4,868,929Net Assets 2019: $8,808,9152019Assets 2020: $17,940,328Liabilities 2020: $8,329,124Net Assets 2020: $9,611,2042020Assets 2021: $15,710,263Liabilities 2021: $3,684,062Net Assets 2021: $12,026,2012021Assets 2022: $24,468,081Liabilities 2022: $10,382,995Net Assets 2022: $14,085,0862022Assets 2023: $19,096,506Liabilities 2023: $5,232,809Net Assets 2023: $13,863,6972023Assets 2024: $26,722,929Liabilities 2024: $4,186,825Net Assets 2024: $22,536,1042024Assets 2025: $31,369,895Liabilities 2025: $3,729,877Net Assets 2025: $27,640,0182025

Highlighted filing

2017

Assets$14,232,927
Liabilities$4,495,768
Net Assets$9,737,159
Open 2017 Filing

Operations Trend

Revenue Growth66th percentile

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

$40M$30M$20M$10M$0-$10MRevenue 2011: $5,862,144Expenses 2011: $5,686,406Net Income 2011: $175,7382011Revenue 2012: $7,639,016Expenses 2012: $6,603,693Net Income 2012: $1,035,3232012Revenue 2013: $13,041,182Expenses 2013: $11,313,894Net Income 2013: $1,727,2882013Revenue 2014: $20,014,643Expenses 2014: $16,848,514Net Income 2014: $3,166,1292014Revenue 2015: $21,502,609Expenses 2015: $22,372,055Net Income 2015: -$869,4462015Revenue 2016: $29,713,155Expenses 2016: $26,617,218Net Income 2016: $3,095,9372016Revenue 2017: $33,057,710Expenses 2017: $29,539,535Net Income 2017: $3,518,1752017Revenue 2018: $30,509,379Expenses 2018: $31,043,395Net Income 2018: -$534,0162018Revenue 2019: $31,029,110Expenses 2019: $31,423,338Net Income 2019: -$394,2282019Revenue 2020: $30,262,442Expenses 2020: $29,460,153Net Income 2020: $802,2892020Revenue 2021: $25,367,687Expenses 2021: $22,952,690Net Income 2021: $2,414,9972021Revenue 2022: $25,479,805Expenses 2022: $23,420,920Net Income 2022: $2,058,8852022Revenue 2023: $29,831,220Expenses 2023: $30,052,609Net Income 2023: -$221,3892023Revenue 2024: $25,247,760Expenses 2024: $20,319,364Net Income 2024: $4,928,3962024Revenue 2025: $22,025,102Expenses 2025: $17,102,293Net Income 2025: $4,922,8092025

Highlighted filing

2017

Revenue$33,057,710
Expenses$29,539,535
Net Income$3,518,175
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 23, 2018
Return Version
2016v3.0
Gross Receipts
$33,057,710
Mission and Program Overview

Mission

Kipp memphis collegiate schools (kmcs) is part of the kipp non-profit network of college-preparatory, public charter schools. Kmcs builds a partnership among parents, students, and teachers that puts learning first. By providing outstanding educators, more time in school learning, and a strong culture of achievement, kmcs helps all students climb the mountain to and through college.

Kipp memphis is the operating entity of kipp collegiate middle school, kipp collegiate high school, kipp collegiate elementary school, kipp academy middle school, kipp academy elementary school, and kipp preparatory middle school, public charter schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$6,218,984$9,737,159▲ $3,518,175
Savings and Temporary Cash Investments$4,235,785$6,298,535▲ $2,062,750
Pledges and Grants Receivable$1,530,183$2,245,068▲ $714,885
Land, Buildings, and Equipment, Net$1,241,455$973,238▼ $268,217
Prepaid Expenses and Deferred Charges-$14,750-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$12,435,583$14,232,927▲ $1,797,344
Other Assets Total$5,428,160$4,701,336▼ $726,824
Liabilities
Other Liabilities$5,293,136$3,475,895▼ $1,817,241
Accounts Payable and Accrued Expenses$923,463$1,019,873▲ $96,410
Total Liabilities$6,216,599$4,495,768▼ $1,720,831
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,218,984$9,737,159▲ $3,518,175
Total Liabilities and Net Assets / Fund Balance$12,435,583$14,232,927▲ $1,797,344

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$973,238$699,223$1,672,461
Other Assets Org$4,701,336--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
David BarczakCFOFT$123,834$18,838$142,672
Kelly WrightExecutive DirectorFT$123,617$12,048$135,665
Andrew BobowskiSchool LeaderFT$115,291$14,680$129,971
Gretchen DodsonCOOFT$102,944$16,538$119,482
Terrence JohnsonCAOFT$104,181$14,987$119,168

Board Members and Trustees

NameTitle
Jim BoydChair
Kendra FergusonExecutive Director
Christy HarrisCAO
Barbara HydeMember
Holly ColemanMember
Michelle ArmstrongMember
Rhomes AurMember
Ryan GibbsMember
Sarah Lockridge-streckerMember
Simone MeeksMember
Travis GreenMember
Charles GerberSecretary
Greg ThompsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Acr CoachTransportationPO BOX 1882, Starkville, MS 39760$838,861
Revenue and Support

Revenue Composition

Contributions and Grants
$32,997,242
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$60,468
All Other Contributions
$4,203,328
Change in Net Assets
$3,518,175

Audited Revenue Reconciliation

Revenue per Audited Statements
$33,057,710
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$33,057,710
Total Revenue per Form 990
$33,057,710
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$19,658,902
Other Expenses$9,880,633
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,343,183$2,065,916-$15,409,099
Occupancy$2,109,871$101,241-$2,211,112
Fees for Services Other$1,678,508$267,738-$1,946,246
Office Expenses$1,740,215$177,643-$1,917,858
Payroll Taxes$1,052,620$175,041-$1,227,661
Pension Plan Contributions$1,018,786$167,091-$1,185,877
Other Employee Benefits$1,006,624$166,744-$1,173,368
Depreciation Depletion$856,953$65,052-$922,005
Current Officers, Directors, Trustees, and Key Employees$331,171$331,726-$662,897
All Other Expenses$453,364$13,169-$466,533
Insurance$89,458$5,629-$95,087
Advertising$18,722$57,301-$76,023
Travel$29,342$42,293-$71,635
Fees for Services Legal$39,892--$39,892
Other Expenses$-665,417$2,142-$-665,417
Total Functional Expenses$25,880,765$3,658,770$0$29,539,535

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$29,539,535
Total Expenses per Audited Statements$29,539,535
Total Expenses per Form 990$29,539,535
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Inflows Pension$2,361,720
Grant Advances and Loans$750,000
Net Pension Liability$364,175
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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

“A copy of the form 990 is presented to the board for comments and/or approval prior to filing the form.”

Form 990, Part VI, Section B, Line 12C

“The organization monitors and enforces compliance with the conflict of interest policy by periodically having employees update conflict of interest forms.”

Form 990, Part VI, Section B, Line 15

“The process for determining the compensation of all key employees includes a review and approval by the board of directors.the process for determining the compensation of all key employees includes a review and approval by the board of directors.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Kipp Memphis
EIN
68-0502820
Phone
9014522682
Address
2670 UNION AVENUE EXTENDED NO 1100, MEMPHIS, TN 38112-4430

Signing Officer

Name
Kendra Ferguson
Title
Executive Director
Phone
9014522682
Signed
2018-04-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kendra Ferguson
Formed
2008
Legal Domicile
Tn
Voting Board Members
11
Independent Board Members
11
Employees
429
Volunteers
25

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Wade Mcmullen CPA
Phone
6268577300
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The school has been determined to be exempt from federal income taxes under section 501 (c)(3) of the internal revenue code (irc). As an exempt corporation, the school must operate in conformity with the irc in order to maintain its tax-exempt status. The school is also exempt from state income tax. The school evaluates the income tax positions taken or expected to be taken to determine whether the positions are "more-likely-than-not" to be sustained upon examination by the applicable tax authority. The school has determined that the application of the income tax standard does not impact the operations of the school and that no provision for income tax is required in the school's financial statements. The school is generally no longer subject to examinations by tax authorities for years before june 30, 2014.”

Raw XML AppendixShowing 400 of 520 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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt13CAO
IRS990/Form990PartVIISectionAGrp/TitleTxt14COO
IRS990/Form990PartVIISectionAGrp/TitleTxt15CAO
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17SCHOOL LEADER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt028793914
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt033057710
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05629
IRS990/InsuranceGrp/ProgramServicesAmt089458
IRS990/InsuranceGrp/TotalAmt095087
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt076
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0699223
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01241455
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0973238
IRS990/LandBldgEquipCostOrOtherBssAmt01672461
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0KIPP MEMPHIS IS THE OPERATING ENTITY OF KIPP COLLEGIATE MIDDLE SCHOOL, KIPP COLLEGIATE HIGH SCHOOL, KIPP COLLEGIATE ELEMENTARY SCHOOL, KIPP ACADEMY MIDDLE SCHOOL, KIPP ACADEMY ELEMENTARY SCHOOL, AND KIPP PREPARATORY MIDDLE SCHOOL, PUBLIC CHARTER SCHOOLS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06218984
IRS990/NetAssetsOrFundBalancesEOYAmt09737159
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0101241
IRS990/OccupancyGrp/ProgramServicesAmt02109871
IRS990/OccupancyGrp/TotalAmt02211112
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0177643
IRS990/OfficeExpensesGrp/ProgramServicesAmt01740215
IRS990/OfficeExpensesGrp/TotalAmt01917858
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05428160
IRS990/OtherAssetsTotalGrp/EOYAmt04701336
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0166744
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01006624
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01173368
IRS990/OtherExpensesGrp/Desc0FOOD SERVICES
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc2DUES AND MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc3GASB PENSION ADJUSTMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010677
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19367
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22142
IRS990/OtherExpensesGrp/ProgramServicesAmt01822571
IRS990/OtherExpensesGrp/ProgramServicesAmt1509130
IRS990/OtherExpensesGrp/ProgramServicesAmt2445772
IRS990/OtherExpensesGrp/ProgramServicesAmt3-665417
IRS990/OtherExpensesGrp/TotalAmt01833248
IRS990/OtherExpensesGrp/TotalAmt1518497
IRS990/OtherExpensesGrp/TotalAmt2447914
IRS990/OtherExpensesGrp/TotalAmt3-665417
IRS990/OtherLiabilitiesGrp/BOYAmt05293136
IRS990/OtherLiabilitiesGrp/EOYAmt03475895
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt060468
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt060468
IRS990/OtherRevenueTotalAmt060468
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02065916
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt013343183
IRS990/OtherSalariesAndWagesGrp/TotalAmt015409099
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0175041
IRS990/PayrollTaxesGrp/ProgramServicesAmt01052620
IRS990/PayrollTaxesGrp/TotalAmt01227661
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0167091
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01018786
IRS990/PensionPlanContributionsGrp/TotalAmt01185877
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01530183
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02245068
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014750
IRS990/PrincipalOfficerNm0KENDRA FERGUSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt029613183
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt09736319
IRS990/PYOtherRevenueAmt099972
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt03095937
IRS990/PYSalariesCompEmpBnftPaidAmt016880899
IRS990/PYTotalExpensesAmt026617218
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt029713155
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03518175
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04235785
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06298535
IRS990ScheduleA/SchoolInd0X
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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/EquipmentGrp/BookValueAmt0973238
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0699223
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01672461
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt029539535
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04701336
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS PENSION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0750000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12361720
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2364175
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GRANT ADVANCES AND LOANS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS PENSION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NET PENSION LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt033057710
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE (IRC). AS AN EXEMPT CORPORATION, THE SCHOOL MUST OPERATE IN CONFORMITY WITH THE IRC IN ORDER TO MAINTAIN ITS TAX-EXEMPT STATUS. THE SCHOOL IS ALSO EXEMPT FROM STATE INCOME TAX. THE SCHOOL EVALUATES THE INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN TO DETERMINE WHETHER THE POSITIONS ARE "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAX AUTHORITY. THE SCHOOL HAS DETERMINED THAT THE APPLICATION OF THE INCOME TAX STANDARD DOES NOT IMPACT THE OPERATIONS OF THE SCHOOL AND THAT NO PROVISION FOR INCOME TAX IS REQUIRED IN THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL IS GENERALLY NO LONGER SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0973238
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04701336
IRS990ScheduleD/TotalExpensesPerForm990Amt029539535
IRS990ScheduleD/TotalLiabilityAmt03475895
IRS990ScheduleD/TotalRevenuePerForm990Amt033057710
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt033057710
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt029539535
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,232,927
Liabilities
$4,495,768
Net assets
$9,737,159
Revenue
$33,057,710
Expenses
$29,539,535
Net income
$3,518,175
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$31.4$3.73$27.6$22.0$17.1$4.92
2024Detailed filing. Detailed filing data is available for this year.$26.7$4.19$22.5$25.2$20.3$4.93
2023Detailed filing. Detailed filing data is available for this year.$19.1$5.23$13.9$29.8$30.1$0.22
2022Detailed filing. Detailed filing data is available for this year.$24.5$10.4$14.1$25.5$23.4$2.06
2021Detailed filing. Detailed filing data is available for this year.$15.7$3.68$12.0$25.4$23.0$2.41
2020Detailed filing. Detailed filing data is available for this year.$17.9$8.33$9.61$30.3$29.5$0.80
2019Detailed filing. Detailed filing data is available for this year.$13.7$4.87$8.81$31.0$31.4$0.39
2018Detailed filing. Detailed filing data is available for this year.$13.7$4.45$9.20$30.5$31.0$0.53
2017Detailed filing. Detailed filing data is available for this year.$14.2$4.50$9.74$33.1$29.5$3.52
2016Detailed filing. Detailed filing data is available for this year.$12.4$6.22$6.22$29.7$26.6$3.10
2015Detailed filing. Detailed filing data is available for this year.$10.8$7.70$3.12$21.5$22.4$0.87
2014Detailed filing. Detailed filing data is available for this year.$7.56$1.83$5.73$20.0$16.8$3.17
2013Summary only. Only limited summary data is available for this year.$4.40$1.84$2.56$13.0$11.3$1.73
2012Summary only. Only limited summary data is available for this year.$1.85$1.39$0.46$7.64$6.60$1.04
2011Summary only. Only limited summary data is available for this year.$1.04$1.07$0.03$5.86$5.69$0.18