Civic Intelligence

Fairhill School

990 • Fiscal year 2023 • EIN 75-1406064

Sep 01, 2022 to Aug 31, 2023 • Filed on Feb 26, 2024

Organization ProfileWWW.FAIRHILL.ORG

View Organization Page

16150 Preston RoadDallas, TX 75248-3558

(972) 233-1026

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.13x

Higher debt load relative to assets than 43% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

64th percentile

0.44x

Higher debt load relative to revenue than 64% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

11th percentile

-25%

Higher net margin than 11% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

25th percentile

$113,120

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

11th percentile

-7.2%

Faster asset growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

16th percentile

-20%

Faster revenue growth than 16% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Down

$10,537,200

Down $812,883 (-7.2%) from 2022

Net Assets

Down

$9,218,397

Down $748,191 (-7.5%) from 2022

Liabilities

Down

$1,318,803

Down $64,692 (-4.7%) from 2022

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin11th percentile

Revenue

Down

$2,996,792

Down $772,181 (-20%) from 2022

Expenses

Up

$3,744,983

Up $345,944 (+10%) from 2022

Net Income

Down

-$748,191

Down $1,118,125 (-302%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$15M$10M$5.0M$0Assets 2013: $11,195,279Liabilities 2013: $2,695,875Net Assets 2013: $8,499,4042013Assets 2014: $11,418,102Liabilities 2014: $2,716,449Net Assets 2014: $8,701,6532014Assets 2016: $11,369,955Liabilities 2016: $2,490,090Net Assets 2016: $8,879,8652016Assets 2017: $11,032,316Liabilities 2017: $2,201,639Net Assets 2017: $8,830,6772017Assets 2018: $10,982,375Liabilities 2018: $2,237,800Net Assets 2018: $8,744,5752018Assets 2019: $11,030,805Liabilities 2019: $1,979,674Net Assets 2019: $9,051,1312019Assets 2020: $10,227,962Liabilities 2020: $1,380,520Net Assets 2020: $8,847,4422020Assets 2021: $10,948,417Liabilities 2021: $1,351,763Net Assets 2021: $9,596,6542021Assets 2022: $11,350,083Liabilities 2022: $1,383,495Net Assets 2022: $9,966,5882022Assets 2023: $10,537,200Liabilities 2023: $1,318,803Net Assets 2023: $9,218,3972023

Highlighted filing

2023

Assets$10,537,200
Liabilities$1,318,803
Net Assets$9,218,397
Open 2023 Filing

Operations Trend

Revenue Growth16th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2013: $3,504,8822013Revenue 2014: $3,815,922Expenses 2014: $3,613,673Net Income 2014: $202,2492014Revenue 2016: $3,719,091Expenses 2016: $3,853,044Net Income 2016: -$133,9532016Revenue 2017: $3,836,196Expenses 2017: $3,885,384Net Income 2017: -$49,1882017Revenue 2018: $3,675,927Expenses 2018: $3,762,029Net Income 2018: -$86,1022018Revenue 2019: $3,979,895Expenses 2019: $3,673,339Net Income 2019: $306,5562019Revenue 2020: $3,256,243Expenses 2020: $3,459,933Net Income 2020: -$203,6902020Revenue 2021: $4,019,807Expenses 2021: $3,270,596Net Income 2021: $749,2112021Revenue 2022: $3,768,973Expenses 2022: $3,399,039Net Income 2022: $369,9342022Revenue 2023: $2,996,792Expenses 2023: $3,744,983Net Income 2023: -$748,1912023

Highlighted filing

2023

Revenue$2,996,792
Expenses$3,744,983
Net Income-$748,191
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Feb 26, 2024
Return Version
2022v5.0
Gross Receipts
$5,556,278
Mission and Program Overview

Mission

Fairhill is a private, non-profit college preparatory school serving students in grades one through twelve. Fairhill's primary purpose is to provide a superior education for students of average and above intelligence who have been diagnosed with a learning difference such as dyslexia, dysgraphia, dyscalculia, auditory processing disorder or attention deficit/hyperactivity disorder.

To educate students grades 1 through 12 with learning differences

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,941,659$5,088,501▼ $853,158
Savings and Temporary Cash Investments$954,870$1,280,826▲ $325,956
Land, Buildings, and Equipment, Net$1,176,264$1,126,881▼ $49,383
Cash and Non-Interest-Bearing Accounts$3,277,290$262,658▼ $3,014,632
Total Assets$11,350,083$10,537,200▼ $812,883
Other Assets Total$0$2,778,334▲ $2,778,334
Liabilities
Deferred Revenue$1,383,495$1,318,803▼ $64,692
Total Liabilities$1,383,495$1,318,803▼ $64,692
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,966,588$9,218,397▼ $748,191
Total Net Assets Fund Balance$9,966,588$9,218,397▼ $748,191
Total Liabilities and Net Assets / Fund Balance$11,350,083$10,537,200▼ $812,883

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$725,163$3,637,229$4,362,392
Equipment$10,697$2,223,200$2,233,897
Land$391,021-$391,021
Other Assets Org$2,778,334--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$6,896,529-▲ $423,359$760,833$6,369,326
2022$6,641,954-▲ $516,473$107,151$6,896,529
2021$6,408,485-▲ $463,711$70,000$6,641,954
2020$6,347,338-▲ $313,926$125,819$6,408,485
2019$5,860,937$125▲ $610,296-$6,347,338
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Carla StanfordExecutive DirectorFT$113,120$113,120

Board Members and Trustees

NameTitle
John DziminskiChairman
Leslie Zale GrecoVice Chairman
Jane SegoBoard Member
Lisa WhislerBoard Member
Neil LangeBoard Member
Elizabeth PhiferSecretary
Cindy RickerbyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$146,314
Program Service Revenue
$2,334,816
Investment Income
$439,196
Other Revenue
$76,466
All Other Contributions
$146,314
Change in Net Assets
$-748,191

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,807,063
Revenue Not Reported on Financial Statements
$189,729
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$158,800
Total Revenue per Audited Statements
$2,807,063
Total Revenue per Form 990
$2,996,792
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,438,881
Other Expenses$819,337
Total Fundraising Expense$396,034
Professional Fundraising Fees$327,965
Grants and Similar Amounts Paid$158,800

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,856,730$241,617$42,108$2,140,455
Fees for Services Professional Fundraising--$327,965$327,965
Payroll Taxes$144,627$31,040$3,221$178,888
Grants to Domestic Individuals$158,800--$158,800
Current Officers, Directors, Trustees, and Key Employees-$113,120-$113,120
Depreciation Depletion$103,505$1,617$558$105,680
Occupancy$98,885$1,545$533$100,963
Insurance$95,146$1,486$513$97,145
Information Technology$77,580$1,212$418$79,210
Office Expenses$50,724$11,313$245$62,282
Fees for Services Accounting-$38,579-$38,579
Fees for Service Investment Mgmnt Fees-$30,929-$30,929
Advertising-$29,505-$29,505
Other Employee Benefits$6,286$98$34$6,418
Other Expenses$1,640$2,392$19,614$1,640
Total Functional Expenses$2,844,496$504,453$396,034$3,744,983

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,744,983
Expenses per Audited Statements$3,555,254
Total Expenses per Audited Statements$3,555,254
Expenses Not Reported on Financial Statements$189,729
Other Expense Adjustments$158,800
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$327,965
Fundraising Gross Income$132,224
Fundraising Direct Expenses$55,758

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pto Revenue$132,224$132,224$55,758$76,466
Total Events$132,224$132,224$55,758$76,466
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
Audit committee
No
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
No
Other officer compensation reviewed
No
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

“The business manager reviews a draft of the return prepared by an outside accounting firm. The business manager then presents the return to the board of directors for approval.”

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

“The business manager and director of the school regularly review policies.”

Form 990, Part VI, Section C, Line 19

“These policies are maintained in the school's employee handbook, which is available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Fairhill School
EIN
75-1406064
Phone
9722331026
Address
16150 PRESTON ROAD, DALLAS, TX 75248-3558

Signing Officer

Name
Carla Stanford
Title
Exec. Director
Phone
9722331026
Signed
2024-02-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carla Stanford
Formed
1971
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
49
Volunteers
15

Preparer

Firm
Bland Garvey Pc
Address
2600 N CENTRAL EXPY 550, RICHARDSON, TX 75080-2007
Preparer
Laura Zerger
Phone
9722312503
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

“MODIFIED”

Financial Statement Notes

PART V, LINE 4:

“The income generated by organization's endowment funds is intended to be used for scholarships and capital improvements to the campus.”

PART X, LINE 2:

“The school is a not-for-profit organization exempt from federal income taxes under internal revenue code section 501(c)(3). Accordingly, no provision for federal income taxes has been made. The school files the required annual federal informational return for tax-exempt organizations. Fairhill has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations; and to identify and evaluate other matters that may be considered tax positions. The school may be subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to august 31, 2020.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Tuition grossed up for grants 158,800.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Grants allocated from tuition 158,800.”

Raw XML AppendixShowing 400 of 509 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/MissionDesc0FAIRHILL IS A PRIVATE, NON-PROFIT COLLEGE PREPARATORY SCHOOL SERVING STUDENTS IN GRADES ONE THROUGH TWELVE. FAIRHILL'S PRIMARY PURPOSE IS TO PROVIDE A SUPERIOR EDUCATION FOR STUDENTS OF AVERAGE AND ABOVE INTELLIGENCE WHO HAVE BEEN DIAGNOSED WITH A LEARNING DIFFERENCE SUCH AS DYSLEXIA, DYSGRAPHIA, DYSCALCULIA, AUDITORY PROCESSING DISORDER OR ATTENTION DEFICIT/HYPERACTIVITY DISORDER.
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IRS990/OccupancyGrp/ProgramServicesAmt098885
IRS990/OccupancyGrp/TotalAmt0100963
IRS990/OfficeExpensesGrp/FundraisingAmt0245
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011313
IRS990/OfficeExpensesGrp/ProgramServicesAmt050724
IRS990/OfficeExpensesGrp/TotalAmt062282
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt02778334
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt034
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt098
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06286
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06418
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SCHOOL SUPPLIES & EXPEN
IRS990/OtherExpensesGrp/Desc2DEVELOPMENT/PR
IRS990/OtherExpensesGrp/Desc3ALUMNI RELATIONS
IRS990/OtherExpensesGrp/FundraisingAmt0825
IRS990/OtherExpensesGrp/FundraisingAmt119614
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02392
IRS990/OtherExpensesGrp/ProgramServicesAmt0153093
IRS990/OtherExpensesGrp/ProgramServicesAmt197480
IRS990/OtherExpensesGrp/ProgramServicesAmt21640
IRS990/OtherExpensesGrp/TotalAmt0156310
IRS990/OtherExpensesGrp/TotalAmt197480
IRS990/OtherExpensesGrp/TotalAmt219614
IRS990/OtherExpensesGrp/TotalAmt31640
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt042108
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0241617
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01856730
IRS990/OtherSalariesAndWagesGrp/TotalAmt02140455
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03221
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt031040
IRS990/PayrollTaxesGrp/ProgramServicesAmt0144627
IRS990/PayrollTaxesGrp/TotalAmt0178888
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CARLA STANFORD
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02334816
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02334816
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01014479
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0120600
IRS990/PYInvestmentIncomeAmt0552568
IRS990/PYOtherExpensesAmt0904008
IRS990/PYOtherRevenueAmt071776
IRS990/PYProgramServiceRevenueAmt02130150
IRS990/PYRevenuesLessExpensesAmt0369934
IRS990/PYSalariesCompEmpBnftPaidAmt02374431
IRS990/PYTotalExpensesAmt03399039
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03768973
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-748191
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02334816
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0954870
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01280826
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/BuildingsGrp/BookValueAmt0725163
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03637229
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04362392
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt030929
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt06896529
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt06369326
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0158800
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0423359
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0760833
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt034147
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt06641954
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt06896529
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0120600
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0516473
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0107151
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt034442
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt06408485
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt06641954
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0125800
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0463711
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt070000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt026560
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt06347338
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt06408485
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0100400
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0313926
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0125819
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt024020
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05860937
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0125
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt06347338
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0100000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0610296
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt010697
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02223200
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02233897
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0189729
IRS990ScheduleD/ExpensesSubtotalAmt03555254
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt030929
IRS990ScheduleD/InvestmentExpensesNotIncldAmt030929
IRS990ScheduleD/LandGrp/BookValueAmt0391021
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0391021
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02778334
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherExpensesNotIncludedAmt0158800
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0158800
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0189729
IRS990ScheduleD/RevenueSubtotalAmt02807063
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INCOME GENERATED BY ORGANIZATION'S ENDOWMENT FUNDS IS INTENDED TO BE USED FOR SCHOLARSHIPS AND CAPITAL IMPROVEMENTS TO THE CAMPUS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE. THE SCHOOL FILES THE REQUIRED ANNUAL FEDERAL INFORMATIONAL RETURN FOR TAX-EXEMPT ORGANIZATIONS. FAIRHILL HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE SCHOOL MAY BE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO AUGUST 31, 2020.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2TUITION GROSSED UP FOR GRANTS 158,800.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3GRANTS ALLOCATED FROM TUITION 158,800.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01126881
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02778334
IRS990ScheduleD/TotalExpensesPerForm990Amt03744983
IRS990ScheduleD/TotalRevenuePerForm990Amt02996792
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02807063
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03555254
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/ExplanationTxt0ALL BROCHURES GIVEN TO THOSE INQUIRING ABOUT THE SCHOOL HAVE A STATEMENT OF THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY. ALSO, ADS ARE RUN ANNUALLY IN LOCAL NEWSPAPERS STATING THEIR RACIALLY NONDISCRIMINATORY PRACTICE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0FEASIBILITY STUDY FOR CAPITAL CAMPAIGN CONSULTING
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt052500
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-275465
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0COMMUNITY COUNSELING SERVICE CO
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt0327965
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0155 NORTH WACKER DR STE 1790
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0CHICAGO
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd060606
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt055758
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PTO REVENUE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0132224
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0132224
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0132224
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0132224
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt076466

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,537,200
Liabilities
$1,318,803
Net assets
$9,218,397
Revenue
$2,996,792
Expenses
$3,744,983
Net income
-$748,191
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$10.5$1.32$9.22$3.00$3.74$0.75
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$1.38$9.97$3.77$3.40$0.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.9$1.35$9.60$4.02$3.27$0.75
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$1.38$8.85$3.26$3.46$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.0$1.98$9.05$3.98$3.67$0.31
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$2.24$8.74$3.68$3.76$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.0$2.20$8.83$3.84$3.89$0.05
2016Detailed filing. Detailed filing data is available for this year.$11.4$2.49$8.88$3.72$3.85$0.13
2014Detailed filing. Detailed filing data is available for this year.$11.4$2.72$8.70$3.82$3.61$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.2$2.70$8.50$3.50