Civic Intelligence

Grace Academy of Dallas

990 • Fiscal year 2017 • EIN 75-1856423

Jun 01, 2016 to May 31, 2017 • Filed on Nov 30, 2017

Organization ProfileWWW.GRACEACADEMY.COM
11306A Inwood RoadDallas, TX 75229-3019

(214) 696-5648

Siviq Scores

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

Liabilities / Assets

60th percentile

0.17x

Higher debt load relative to assets than 60% of similar nonprofits.

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

Liabilities / Revenue

50th percentile

0.10x

Higher debt load relative to revenue than 50% of similar nonprofits.

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

Net Margin

25th percentile

-6.2%

Higher net margin than 25% of similar nonprofits.

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

Top Officer Pay

68th percentile

$97,241

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

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

Asset Growth

2nd percentile

-41%

Faster asset growth than 2% of similar nonprofits.

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

Revenue Growth

29th percentile

-3.8%

Faster revenue growth than 29% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$1,146,599

Down $785,435 (-41%) from 2016

Net Assets

Down

$947,172

Down $124,934 (-12%) from 2016

Liabilities

Down

$199,427

Down $660,501 (-77%) from 2016

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin25th percentile

Revenue

Down

$2,003,861

Down $78,682 (-3.8%) from 2016

Expenses

Up

$2,128,795

Up $52,307 (+2.5%) from 2016

Net Income

Down

-$124,934

Down $130,989 (-2163%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$3.0M$2.0M$1.0M$0Assets 2012: $1,949,814Liabilities 2012: $8,954Net Assets 2012: $1,940,8602012Assets 2013: $1,887,145Liabilities 2013: $13,421Net Assets 2013: $1,873,7242013Assets 2014: $1,931,244Liabilities 2014: $807,584Net Assets 2014: $1,123,6602014Assets 2015: $1,976,207Liabilities 2015: $905,665Net Assets 2015: $1,070,5422015Assets 2016: $1,932,034Liabilities 2016: $859,928Net Assets 2016: $1,072,1062016Assets 2017: $1,146,599Liabilities 2017: $199,427Net Assets 2017: $947,1722017Assets 2018: $1,124,000Liabilities 2018: $186,498Net Assets 2018: $937,5022018Assets 2019: $1,097,012Liabilities 2019: $160,176Net Assets 2019: $936,8362019Assets 2020: $1,297,842Liabilities 2020: $353,484Net Assets 2020: $944,3582020Assets 2021: $1,273,011Liabilities 2021: $133,369Net Assets 2021: $1,139,6422021Assets 2022: $1,418,423Liabilities 2022: $142,437Net Assets 2022: $1,275,9862022Assets 2023: $1,573,828Liabilities 2023: $209,904Net Assets 2023: $1,363,9242023Assets 2025: $2,231,638Liabilities 2025: $225,526Net Assets 2025: $2,006,1122025

Highlighted filing

2017

Assets$1,146,599
Liabilities$199,427
Net Assets$947,172
Open 2017 Filing

Operations Trend

Revenue Growth29th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $1,760,875Expenses 2012: $1,790,458Net Income 2012: -$29,5832012Revenue 2013: $1,805,399Expenses 2013: $1,855,581Net Income 2013: -$50,1822013Revenue 2014: $1,987,117Expenses 2014: $1,973,871Net Income 2014: $13,2462014Revenue 2015: $2,047,357Expenses 2015: $2,100,475Net Income 2015: -$53,1182015Revenue 2016: $2,082,543Expenses 2016: $2,076,488Net Income 2016: $6,0552016Revenue 2017: $2,003,861Expenses 2017: $2,128,795Net Income 2017: -$124,9342017Revenue 2018: $2,249,088Expenses 2018: $2,258,758Net Income 2018: -$9,6702018Revenue 2019: $2,376,231Expenses 2019: $2,376,897Net Income 2019: -$6662019Revenue 2020: $2,341,182Expenses 2020: $2,333,660Net Income 2020: $7,5222020Revenue 2021: $2,403,823Expenses 2021: $2,208,539Net Income 2021: $195,2842021Revenue 2022: $2,548,172Expenses 2022: $2,411,828Net Income 2022: $136,3442022Revenue 2023: $2,847,015Expenses 2023: $2,759,077Net Income 2023: $87,9382023Revenue 2025: $3,728,095Expenses 2025: $3,102,382Net Income 2025: $625,7132025

Highlighted filing

2017

Revenue$2,003,861
Expenses$2,128,795
Net Income-$124,934
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Nov 30, 2017
Return Version
2016v3.0
Gross Receipts
$2,074,568
Mission and Program Overview

Mission

Private education. Providing service to students in preschool through sixth grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,262,659$620,638▼ $642,021
Land, Buildings, and Equipment, Net$270,363$262,671▼ $7,692
Accounts Receivable$99,343--
Prepaid Expenses and Deferred Charges$36,379$37,613▲ $1,234
Total Assets$1,932,034$1,146,599▼ $785,435
Other Assets Total$263,290$225,677▼ $37,613
Liabilities
Other Liabilities$842,041$175,900▼ $666,141
Accounts Payable and Accrued Expenses$17,887$23,527▲ $5,640
Total Liabilities$859,928$199,427▼ $660,501
Net Assets / Fund Balance
Unrestricted Net Assets$1,054,606$923,752▼ $130,854
Temporarily Rstr Net Assets$17,500$23,420▲ $5,920
Total Net Assets Fund Balance$1,072,106$947,172▼ $124,934
Total Liabilities and Net Assets / Fund Balance$1,932,034$1,146,599▼ $785,435

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$24,446$39,505-
Equipment$58,662$133,490-
Leasehold Improvements$179,563$179,774-
Other Assets Org$225,677--
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleBaseTotal
Jim ClarkeHeadmaster$97,241$97,241

Board Members and Trustees

NameTitle
Mark HestwoodVice Chair
Anna MethenyTrustee
Baxter BanowskyTrustee
Brody HildebrandTrustee
Clarence AndersonTrustee
Ellen SanfordTrustee
Eric CouchTrustee
Holly HookTrustee
Joseph MitchellTrustee
Keith ZimmermanTrustee
Stacy CrowderTrustee
Jay HopperSecretary
Kathleen EkstromTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$103,743
Program Service Revenue
$1,776,917
Investment Income
$2,520
Other Revenue
$120,681
All Other Contributions
$96,943
Change in Net Assets
$-124,934
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,558,828
Other Expenses$569,967
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,316,337--$1,316,337
All Other Expenses$256,205$2,809-$259,014
Payroll Taxes$111,606--$111,606
Current Officers, Directors, Trustees, and Key Employees$97,241--$97,241
Occupancy$37,613--$37,613
Pension Plan Contributions$33,644--$33,644
Depreciation Depletion$30,557--$30,557
Other Expenses$28,256--$28,256
Fees for Services Other$24,824--$24,824
Insurance$23,015--$23,015
Total Functional Expenses$2,125,986$2,809$0$2,128,795
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$191,388
Fundraising Direct Expenses$70,707
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala & Other$191,388$191,388$70,707$120,681
Total Events$191,388$191,388$70,707$120,681
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 Tuition$175,900
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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

Committee meeting documentation Part VI line 8B

“Minutes of periodically held board meetings are documented and archived.”

Form 990 governing body review Part VI line 11

“Copy of form 990 tax return available to members of the board of trustees.”

Conflict of interest policy compliance Part VI line 12C

“Conflict of interest policy reviewed and updated annually.”

Governing documents etc available to public Part VI line 19

“No other documents made available to public.”

Filing and Contact Details

Filer

Filer Name
Kvanli Academy Inc
EIN
75-1856423
Address
11306A INWOOD ROAD, DALLAS, TX 75229-3019
Doing Business As
Grace Academy of Dallas

Signing Officer

Name
Jim Clarke
Title
Headmaster
Phone
2146965648
Signed
2017-11-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Clarke
Formed
1982
Legal Domicile
TX
Voting Board Members
14
Independent Board Members
12
Employees
51

Preparer

Firm
Ragsdale Curtis and Lagow CPAs
Address
625 W Centerville Rd Ste 120, Garland, TX 75041
Preparer
Ben Lagow CPA
Phone
9722781554
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

“Instruction expense 77,805 student activities 19,653 contract labor 47,330 utilities 45,739 dues & fees 31,861 janitorial service 28,256 equipment lease 25,267 professional services 24,824 ucollectible accounts 18,896 advertising 14,153 building & plant expenses 8,582 telephone 4,624 computer/software exp 10,684 office supplies 8,154 copier expenses 7,052 ptf expense 6,415 storage 5,118 printing 4,044 furniture, fixtures, equip 3,605 repairs & maintenance 2,016 development 1,305 postage & shipping 1,164 headmasters discretionary fund 1,068 continuing education 1,036 payroll fees & expenses 986 classroom supplies 822 clinic supplies 731 security 44 board expenses 1,082 gifts & flowers 1,727”

Raw XML AppendixShowing 400 of 461 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt017887
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt023527
IRS990/AccountsReceivableGrp/BOYAmt099343
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PRIVATE EDUCATION. PROVIDING SERVICE TO STUDENTS IN PRESCHOOL THROUGH SIXTH GRADE.
IRS990/AllOtherContributionsAmt096943
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02809
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0256205
IRS990/AllOtherExpensesGrp/TotalAmt0259014
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0GRACE ACADEMY OF DALLAS
IRS990/BooksInCareOfDetail/PhoneNum02146965648
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011306A INWOOD ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0DALLAS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0752293019
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01262659
IRS990/CashNonInterestBearingGrp/EOYAmt0620638
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt097241
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt097241
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0103743
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02520
IRS990/CYOtherExpensesAmt0569967
IRS990/CYOtherRevenueAmt0120681
IRS990/CYProgramServiceRevenueAmt01776917
IRS990/CYRevenuesLessExpensesAmt0-124934
IRS990/CYSalariesCompEmpBnftPaidAmt01558828
IRS990/CYTotalExpensesAmt02128795
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02003861
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt030557
IRS990/DepreciationDepletionGrp/TotalAmt030557
IRS990/Desc0PRIVATE EDUCATION. PROVIDING SERVICE TO STUDENTS IN PRESCHOOL THROUGH SIXTH GRADE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0GRACE ACADEMY OF DALLAS
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt051
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02125986
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt024824
IRS990/FeesForServicesOtherGrp/TotalAmt024824
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0JIM CLARKE
IRS990/Form990PartVIISectionAGrp/PersonNm1BAXTER BANOWSKY
IRS990/Form990PartVIISectionAGrp/PersonNm2ANNA METHENY
IRS990/Form990PartVIISectionAGrp/PersonNm3CLARENCE ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm4ERIC COUCH
IRS990/Form990PartVIISectionAGrp/PersonNm5STACY CROWDER
IRS990/Form990PartVIISectionAGrp/PersonNm6JOSEPH MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm7ELLEN SANFORD
IRS990/Form990PartVIISectionAGrp/PersonNm8KEITH ZIMMERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9BRODY HILDEBRAND
IRS990/Form990PartVIISectionAGrp/PersonNm10KATHLEEN EKSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm11MARK HESTWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm12JAY HOPPER
IRS990/Form990PartVIISectionAGrp/PersonNm13HOLLY HOOK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt097241
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0HEADMASTER
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt070707
IRS990/FundraisingGrossIncomeAmt0191388
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02074568
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt023015
IRS990/InsuranceGrp/TotalAmt023015
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02520
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02520
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0352769
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0270363
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0262671
IRS990/LandBldgEquipCostOrOtherBssAmt0615440
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt06800
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PRIVATE EDUCATION. PROVIDING SERVICE TO STUDENTS IN PRESCHOOL THROUGH SIXTH GRADE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01072106
IRS990/NetAssetsOrFundBalancesEOYAmt0947172
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0120681
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0120681
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt037613
IRS990/OccupancyGrp/TotalAmt037613
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0263290
IRS990/OtherAssetsTotalGrp/EOYAmt0225677
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0COMMON AREA MAINTENANCE
IRS990/OtherExpensesGrp/Desc1INSTRUCTION EXPENSE
IRS990/OtherExpensesGrp/Desc2STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc3JANITORIAL SERVICE
IRS990/OtherExpensesGrp/ProgramServicesAmt069230
IRS990/OtherExpensesGrp/ProgramServicesAmt177805
IRS990/OtherExpensesGrp/ProgramServicesAmt219653
IRS990/OtherExpensesGrp/ProgramServicesAmt328256
IRS990/OtherExpensesGrp/TotalAmt069230
IRS990/OtherExpensesGrp/TotalAmt177805
IRS990/OtherExpensesGrp/TotalAmt219653
IRS990/OtherExpensesGrp/TotalAmt328256
IRS990/OtherLiabilitiesGrp/BOYAmt0842041
IRS990/OtherLiabilitiesGrp/EOYAmt0175900
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01316337
IRS990/OtherSalariesAndWagesGrp/TotalAmt01316337
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0111606
IRS990/PayrollTaxesGrp/TotalAmt0111606
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt033644
IRS990/PensionPlanContributionsGrp/TotalAmt033644
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt036379
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037613
IRS990/PrincipalOfficerNm0JIM CLARKE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01776917
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01776917
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt097427
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05023
IRS990/PYOtherExpensesAmt0530525
IRS990/PYOtherRevenueAmt096260
IRS990/PYProgramServiceRevenueAmt01883833
IRS990/PYRevenuesLessExpensesAmt06055
IRS990/PYSalariesCompEmpBnftPaidAmt01545963
IRS990/PYTotalExpensesAmt02076488
IRS990/PYTotalRevenueAmt02082543
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-124934
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02072048
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/EquipmentGrp/BookValueAmt058662
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0133490
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0192152
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0179563
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0179774
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0359337
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0225677
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PREPAID RENT-LT PORTION
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt024446
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt039505
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt063951
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0175900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED TUITION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0262671
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0225677
IRS990ScheduleD/TotalLiabilityAmt0175900
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/ExplanationTxt0RACIALLY NONDISCRIMINATORY POLICY PUBLICIZED IN ALL SCHOOL STUDENT SOLICITATIONS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of nondiscriminatory policy (Question 3)
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt070707
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA & OTHER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0191388
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0191388
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0191388
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0191388
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0120681
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt070707
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt070707
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MINUTES OF PERIODICALLY HELD BOARD MEETINGS ARE DOCUMENTED AND ARCHIVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF FORM 990 TAX RETURN AVAILABLE TO MEMBERS OF THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST POLICY REVIEWED AND UPDATED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO OTHER DOCUMENTS MADE AVAILABLE TO PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INSTRUCTION EXPENSE 77,805 STUDENT ACTIVITIES 19,653 CONTRACT LABOR 47,330 UTILITIES 45,739 DUES & FEES 31,861 JANITORIAL SERVICE 28,256 EQUIPMENT LEASE 25,267 PROFESSIONAL SERVICES 24,824 UCOLLECTIBLE ACCOUNTS 18,896 ADVERTISING 14,153 BUILDING & PLANT EXPENSES 8,582 TELEPHONE 4,624 COMPUTER/SOFTWARE EXP 10,684 OFFICE SUPPLIES 8,154 COPIER EXPENSES 7,052 PTF EXPENSE 6,415 STORAGE 5,118 PRINTING 4,044 FURNITURE, FIXTURES, EQUIP 3,605 REPAIRS & MAINTENANCE 2,016 DEVELOPMENT 1,305 POSTAGE & SHIPPING 1,164 HEADMASTERS DISCRETIONARY FUND 1,068 CONTINUING EDUCATION 1,036 PAYROLL FEES & EXPENSES 986 CLASSROOM SUPPLIES 822 CLINIC SUPPLIES 731 SECURITY 44 BOARD EXPENSES 1,082 GIFTS & FLOWERS 1,727
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt017500
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt023420
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01932034
IRS990/TotalAssetsEOYAmt01146599
IRS990/TotalAssetsGrp/BOYAmt01932034
IRS990/TotalAssetsGrp/EOYAmt01146599
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0103743
IRS990/TotalEmployeeCnt051
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02809
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02125986
IRS990/TotalFunctionalExpensesGrp/TotalAmt02128795
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0859928
IRS990/TotalLiabilitiesEOYAmt0199427
IRS990/TotalLiabilitiesGrp/BOYAmt0859928
IRS990/TotalLiabilitiesGrp/EOYAmt0199427
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01072106
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0947172

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$1,146,599
Liabilities
$199,427
Net assets
$947,172
Revenue
$2,003,861
Expenses
$2,128,795
Net income
-$124,934
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$0.23$2.01$3.73$3.10$0.63
2023Summary only. Only limited summary data is available for this year.$1.57$0.21$1.36$2.85$2.76$0.09
2022Summary only. Only limited summary data is available for this year.$1.42$0.14$1.28$2.55$2.41$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.13$1.14$2.40$2.21$0.20
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.35$0.94$2.34$2.33$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.16$0.94$2.38$2.38$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.19$0.94$2.25$2.26$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.15$0.20$0.95$2.00$2.13$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.86$1.07$2.08$2.08$0.01
2015Summary only. Only limited summary data is available for this year.$1.98$0.91$1.07$2.05$2.10$0.05
2014Summary only. Only limited summary data is available for this year.$1.93$0.81$1.12$1.99$1.97$0.01
2013Summary only. Only limited summary data is available for this year.$1.89$0.01$1.87$1.81$1.86$0.05
2012Summary only. Only limited summary data is available for this year.$1.95$0.01$1.94$1.76$1.79$0.03