Civic Intelligence

Grace Academy of Georgetown

990 • Fiscal year 2017 • EIN 74-2873246

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 18, 2017

Organization ProfileWWW.GRACETX.ORG
225 Grace BlvdGeorgetown, TX 78633-5628

(512) 864-9500

Siviq Scores

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

Liabilities / Assets

88th percentile

0.78x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

1.34x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

63rd percentile

8.5%

Higher net margin than 63% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

74th percentile

$113,586

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

72nd percentile

12%

Faster asset growth than 72% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

79th percentile

29%

Faster revenue growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$3,584,970

Up $394,803 (+12%) from 2016

Net Assets

Up

$784,908

Up $178,345 (+29%) from 2016

Liabilities

Up

$2,800,062

Up $216,458 (+8.4%) from 2016

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin63rd percentile

Revenue

Up

$2,087,002

Up $467,231 (+29%) from 2016

Expenses

Up

$1,908,657

Up $231,721 (+14%) from 2016

Net Income

Up

$178,345

Up $235,510 (+412%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

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

$10M$5.0M$0Assets 2011: $3,045,610Liabilities 2011: $2,703,670Net Assets 2011: $341,9402011Assets 2012: $3,225,858Liabilities 2012: $2,825,111Net Assets 2012: $400,7472012Assets 2013: $3,682,665Liabilities 2013: $3,033,385Net Assets 2013: $649,2802013Assets 2014: $3,694,482Liabilities 2014: $2,933,773Net Assets 2014: $760,7092014Assets 2015: $3,340,280Liabilities 2015: $2,751,552Net Assets 2015: $588,7282015Assets 2016: $3,190,167Liabilities 2016: $2,583,604Net Assets 2016: $606,5632016Assets 2017: $3,584,970Liabilities 2017: $2,800,062Net Assets 2017: $784,9082017Assets 2018: $3,796,814Liabilities 2018: $2,892,227Net Assets 2018: $904,5872018Assets 2019: $3,927,901Liabilities 2019: $2,836,155Net Assets 2019: $1,091,7462019Assets 2020: $4,096,531Liabilities 2020: $2,954,446Net Assets 2020: $1,142,0852020Assets 2021: $5,359,233Liabilities 2021: $3,240,311Net Assets 2021: $2,118,9222021Assets 2022: $6,733,319Liabilities 2022: $3,611,639Net Assets 2022: $3,121,6802022Assets 2023: $8,293,938Liabilities 2023: $4,098,813Net Assets 2023: $4,195,1252023Assets 2024: $9,723,889Liabilities 2024: $4,637,364Net Assets 2024: $5,086,5252024

Highlighted filing

2017

Assets$3,584,970
Liabilities$2,800,062
Net Assets$784,908
Open 2017 Filing

Operations Trend

Revenue Growth79th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,193,771Expenses 2011: $1,227,829Net Income 2011: -$34,0582011Expenses 2012: $1,476,7552012Expenses 2013: $1,382,5162013Revenue 2014: $1,709,354Expenses 2014: $1,597,925Net Income 2014: $111,4292014Revenue 2015: $1,757,720Expenses 2015: $1,929,701Net Income 2015: -$171,9812015Revenue 2016: $1,619,771Expenses 2016: $1,676,936Net Income 2016: -$57,1652016Revenue 2017: $2,087,002Expenses 2017: $1,908,657Net Income 2017: $178,3452017Revenue 2018: $2,212,921Expenses 2018: $2,093,242Net Income 2018: $119,6792018Revenue 2019: $2,252,888Expenses 2019: $2,065,729Net Income 2019: $187,1592019Revenue 2020: $2,141,863Expenses 2020: $2,091,524Net Income 2020: $50,3392020Revenue 2021: $3,368,181Expenses 2021: $2,391,344Net Income 2021: $976,8372021Revenue 2022: $3,840,705Expenses 2022: $2,837,947Net Income 2022: $1,002,7582022Revenue 2023: $4,130,730Expenses 2023: $3,057,285Net Income 2023: $1,073,4452023Revenue 2024: $4,371,026Expenses 2024: $3,479,626Net Income 2024: $891,4002024

Highlighted filing

2017

Revenue$2,087,002
Expenses$1,908,657
Net Income$178,345
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 18, 2017
Return Version
2016v3.0
Gross Receipts
$2,259,435
Mission and Program Overview

Mission

Elementary and secondary education grades k-12. Grace academy offers liberal arts education in the historic classical christian format focusing on grammar, logic, and rhetoric in each subject area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,786,642$1,670,873▼ $115,769
Cash and Non-Interest-Bearing Accounts$215,675$846,725▲ $631,050
Accounts Receivable$618,044$694,803▲ $76,759
Pledges and Grants Receivable-$201,703-
Savings and Temporary Cash Investments$567,951$166,455▼ $401,496
Prepaid Expenses and Deferred Charges$1,855$4,411▲ $2,556
Total Assets$3,190,167$3,584,970▲ $394,803
Liabilities
Deferred Revenue$1,337,556$1,616,805▲ $279,249
Mortgage Notes Payable Secured by Investment Property$1,240,589$1,173,603▼ $66,986
Accounts Payable and Accrued Expenses$5,459$9,654▲ $4,195
Total Liabilities$2,583,604$2,800,062▲ $216,458
Net Assets / Fund Balance
Unrestricted Net Assets$568,160$480,707▼ $87,453
Temporarily Rstr Net Assets$38,403$304,201▲ $265,798
Total Net Assets Fund Balance$606,563$784,908▲ $178,345
Total Liabilities and Net Assets / Fund Balance$3,190,167$3,584,970▲ $394,803

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,168,758$936,218$2,104,976
Land$372,704-$372,704
Equipment$119,527$132,194$251,721
Other Land Buildings$9,884$29,091$38,975
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dr David DienerHead of SchoFT$113,586$113,586

Board Members and Trustees

NameTitle
Kevin NowkaChairman
Dr Christopher PutneyVice Chairma
Albert Hugh BrownBoard Member
Ann WilkesBoard Member
Christi RichBoard Member
Justin Kelley HobbsBoard Member
Nanci PatchBoard Member
Melvin Hayden Johnson IiiSecretary
Douglas NobleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$533,671
Program Service Revenue
$1,451,865
Investment Income
$360
Other Revenue
$101,106
All Other Contributions
$533,671
Change in Net Assets
$178,345

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded1$29,947
Total Noncash Contributions1$29,947
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,409,497
Other Expenses$499,160
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$889,488$222,372-$1,111,860
Depreciation Depletion$97,877$24,469-$122,346
Current Officers, Directors, Trustees, and Key Employees$90,869$22,717-$113,586
Other Employee Benefits$77,303$19,325-$96,628
Payroll Taxes$69,938$17,485-$87,423
Occupancy$54,016$13,504-$67,520
Interest$40,823$10,206-$51,029
Insurance$7,720$1,930-$9,650
All Other Expenses$8,486$783-$9,269
Other Expenses$8,252$20,019-$8,252
Office Expenses$6,389$1,597-$7,986
Fees for Services Accounting$2,400$600-$3,000
Total Functional Expenses$1,553,650$355,007$0$1,908,657
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$271,344
Fundraising Direct Expenses$172,433
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Parent Council$240,935$240,935$161,703$79,232
Golf Classic$30,409$30,409$10,730$19,679
Total Events$271,344$271,344$172,433$98,911
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Page 6, Part VI, Line 11B

“The form 990 is reviewed by the finance committee prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Conflict of interest statements are completed and reviewed annually. All officers, directors or trustees, and key employees complete a questionnaire regarding conflicts of interest.”

Form 990, Page 6, Part VI, Line 15A

“Wages for all employees, including top management, are approved by vote of the board of trustees annually based on wage history, industry standards, and qualifications of the employee.”

Form 990, Page 6, Part VI, Line 15B

“Key employee compensation is set by the board. Payment activity is reconciled regularly.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request. Financial statements are discussed at the annual meeting.”

Filing and Contact Details

Filer

Filer Name
Grace Academy of Georgetown
EIN
74-2873246
Phone
5128649500
Address
225 GRACE BLVD, GEORGETOWN, TX 78633-5628

Signing Officer

Name
Douglas Noble
Title
Treasurer
Phone
5128649500
Signed
2017-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melvin Hayden Johnson Iii
Formed
1998
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
39
Volunteers
130

Preparer

Firm
John F Lewis Pc
Address
3613 WILLIAMS DRIVE STE 501, GEORGETOWN, TX 78628-1371
Preparer
John F Lewis Ii
Phone
5128635720
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4B

“Identifying information removed from the files (e.g. Names, addresses, ethnicity, etc.) the committee functions under the school's policy prohibiting unlawful discrimination in the financial aid awarding process. The amount of assistance given in the current year was 208,270. It is included in discounts and scholarships on page 9, part viii, line 2c.”

Raw XML AppendixShowing 400 of 439 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/ActivityOrMissionDesc0ELEMENTARY AND SECONDARY EDUCATION GRADES K-12. GRACE ACADEMY OFFERS LIBERAL ARTS EDUCATION IN THE HISTORIC CLASSICAL CHRISTIAN FORMAT FOCUSING ON GRAMMAR, LOGIC, AND RHETORIC IN EACH SUBJECT AREA.
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019325
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt077303
IRS990/OtherEmployeeBenefitsGrp/TotalAmt096628
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES AND FEES
IRS990/OtherExpensesGrp/Desc1ADVANCEMENT
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE EXPENSES
IRS990/OtherExpensesGrp/Desc3MEMBERSHIP DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020019
IRS990/OtherExpensesGrp/ProgramServicesAmt0129413
IRS990/OtherExpensesGrp/ProgramServicesAmt170676
IRS990/OtherExpensesGrp/ProgramServicesAmt28252
IRS990/OtherExpensesGrp/TotalAmt0129413
IRS990/OtherExpensesGrp/TotalAmt170676
IRS990/OtherExpensesGrp/TotalAmt220019
IRS990/OtherExpensesGrp/TotalAmt38252
IRS990/OtherRevenueMiscGrp/Desc0OTHER MISC. REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt02195
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02195
IRS990/OtherRevenueTotalAmt02195
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0222372
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0889488
IRS990/OtherSalariesAndWagesGrp/TotalAmt01111860
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017485
IRS990/PayrollTaxesGrp/ProgramServicesAmt069938
IRS990/PayrollTaxesGrp/TotalAmt087423
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0201703
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01855
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04411
IRS990/PrincipalOfficerNm0MELVIN HAYDEN JOHNSON III
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION, LESS DISC. & SCHOLAR
IRS990/ProgramServiceRevenueGrp/Desc1OTHER FEE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01360405
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt191460
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01360405
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt191460
IRS990/ProgSrvcAccomActy2Grp/Desc0FINANCIAL ASSISTANCE-THE SCHOOL SEEKS TO SUPPORT ITS OTHER PRIMARY PROGRAM SERVICES THROUGH NEED-BASED FINANCIAL ASSISTANCE TO FAMILIES. NEED IS DETERMINED USING THE ASSISTANCE OF AN OUTSIDE FINANCIAL AID ASSESSMENT COMPANY AND THEIR WIDELY-USED METHODOLOGY FOR ASSESSING FINANCIAL NEED. A FINANCIAL AID COMMITTEE REVIEWS THE ASSESSMENT FROM THE OUTSIDE COMPANY AND MAKES FINANCIAL AID AWARDS. THE COMMITTEE IS COMPRISED OF INDEPENDENT MEMBERS OF THE SCHOOL COMMUNITY WHO SERVE ON A MULTI-YEAR VOLUNTEER BASIS. COMMITTEE MEMBERS ARE INDEPENDENT OF THE FINANCIAL AID AWARDING PROCESS, BEING INELIGIBLE TO RECEIVE FINANCIAL ASSISTANCE WHILE SERVING ON THE COMMITTEE. COMMITTEE MEMBERS REMAIN UNBIASED IN THEIR ASSESSMENT AND DECISION-MAKING PROCESSES AS ALL DOCUMENTS REVIEWED BY THE COMMITTEE HAVE IDENTIFYING INFORMATION REMOVED FROM THE FILES (E.G. NAMES, ADDRESSES, ETHNICITY, ETC.) THE COMMITTEE FUNCTIONS UNDER THE SCHOOL'S POLICY PROHIBITING UNLAWFUL DISCRIMINATION IN THE FINANCIAL AID AWARDING PROCESS. THE AMOUNT OF ASSISTANCE GIVEN IN THE CURRENT YEAR WAS 208,270. IT IS INCLUDED IN DISCOUNTS AND SCHOLARSHIPS ON PAGE 9, PART VIII, LINE 2C.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0164513
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0329
IRS990/PYOtherExpensesAmt0445189
IRS990/PYOtherRevenueAmt065595
IRS990/PYProgramServiceRevenueAmt01389334
IRS990/PYRevenuesLessExpensesAmt0-57165
IRS990/PYSalariesCompEmpBnftPaidAmt01231747
IRS990/PYTotalExpensesAmt01676936
IRS990/PYTotalRevenueAmt01619771
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0178345
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01451865
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0567951
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0166455
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01168758
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0936218
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02104976
IRS990ScheduleD/EquipmentGrp/BookValueAmt0119527
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0132194
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0251721
IRS990ScheduleD/LandGrp/BookValueAmt0372704
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0372704
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09884
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt029091
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt038975
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01670873
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0POLICIES OF THIS NATURE MADE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0172433
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PARENT COUNCIL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF CLASSIC
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0240935
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt030409
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0271344
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0240935
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt030409
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0271344
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt098911
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0172433
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0161703
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt010730
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt029947
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IDENTIFYING INFORMATION REMOVED FROM THE FILES (E.G. NAMES, ADDRESSES, ETHNICITY, ETC.) THE COMMITTEE FUNCTIONS UNDER THE SCHOOL'S POLICY PROHIBITING UNLAWFUL DISCRIMINATION IN THE FINANCIAL AID AWARDING PROCESS. THE AMOUNT OF ASSISTANCE GIVEN IN THE CURRENT YEAR WAS 208,270. IT IS INCLUDED IN DISCOUNTS AND SCHOLARSHIPS ON PAGE 9, PART VIII, LINE 2C.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST STATEMENTS ARE COMPLETED AND REVIEWED ANNUALLY. ALL OFFICERS, DIRECTORS OR TRUSTEES, AND KEY EMPLOYEES COMPLETE A QUESTIONNAIRE REGARDING CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WAGES FOR ALL EMPLOYEES, INCLUDING TOP MANAGEMENT, ARE APPROVED BY VOTE OF THE BOARD OF TRUSTEES ANNUALLY BASED ON WAGE HISTORY, INDUSTRY STANDARDS, AND QUALIFICATIONS OF THE EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4KEY EMPLOYEE COMPENSATION IS SET BY THE BOARD. PAYMENT ACTIVITY IS RECONCILED REGULARLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE DISCUSSED AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt038403
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0304201
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03190167
IRS990/TotalAssetsEOYAmt03584970
IRS990/TotalAssetsGrp/BOYAmt03190167
IRS990/TotalAssetsGrp/EOYAmt03584970
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0533671
IRS990/TotalEmployeeCnt039
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0355007
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01553650
IRS990/TotalFunctionalExpensesGrp/TotalAmt01908657
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02583604
IRS990/TotalLiabilitiesEOYAmt02800062
IRS990/TotalLiabilitiesGrp/BOYAmt02583604
IRS990/TotalLiabilitiesGrp/EOYAmt02800062
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0606563
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0784908
IRS990/TotalProgramServiceExpensesAmt01553650
IRS990/TotalProgramServiceRevenueAmt01451865
IRS990/TotalReportableCompFromOrgAmt0113586
IRS990/TotalRevenueGrp/ExclusionAmt02555
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01451865
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02087002
IRS990/TotalVolunteersCnt0130
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03190167
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03584970
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0568160
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0480707

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$3,584,970
Liabilities
$2,800,062
Net assets
$784,908
Revenue
$2,087,002
Expenses
$1,908,657
Net income
$178,345
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.72$4.64$5.09$4.37$3.48$0.89
2023Detailed filing. Detailed filing data is available for this year.$8.29$4.10$4.20$4.13$3.06$1.07
2022Detailed filing. Detailed filing data is available for this year.$6.73$3.61$3.12$3.84$2.84$1.00
2021Detailed filing. Detailed filing data is available for this year.$5.36$3.24$2.12$3.37$2.39$0.98
2020Detailed filing. Detailed filing data is available for this year.$4.10$2.95$1.14$2.14$2.09$0.05
2019Detailed filing. Detailed filing data is available for this year.$3.93$2.84$1.09$2.25$2.07$0.19
2018Detailed filing. Detailed filing data is available for this year.$3.80$2.89$0.90$2.21$2.09$0.12
2017Detailed filing. Detailed filing data is available for this year.$3.58$2.80$0.78$2.09$1.91$0.18
2016Detailed filing. Detailed filing data is available for this year.$3.19$2.58$0.61$1.62$1.68$0.06
2015Detailed filing. Detailed filing data is available for this year.$3.34$2.75$0.59$1.76$1.93$0.17
2014Detailed filing. Detailed filing data is available for this year.$3.69$2.93$0.76$1.71$1.60$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.68$3.03$0.65$1.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$2.83$0.40$1.48
2011Summary only. Only limited summary data is available for this year.$3.05$2.70$0.34$1.19$1.23$0.03