Civic Intelligence

Sherwood Christian Academy

990 • Fiscal year 2016 • EIN 75-2376473

Aug 01, 2015 to Jul 31, 2016 • Filed on Apr 19, 2017

Organization Profilesherwoodchristian.com
PO Box 13448Odessa, TX 79768-3448

(432) 362-7447

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

33rd percentile

-3.0%

Higher net margin than 33% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

57th percentile

$30,176

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

37th percentile

-1.6%

Faster asset growth than 37% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

14th percentile

-24%

Faster revenue growth than 14% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets26th percentile

Assets

Down

$880,415

Down $14,574 (-1.6%) from 2015

Net Assets

Down

$880,415

Down $14,574 (-1.6%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin33rd percentile

Revenue

Down

$405,601

Down $129,375 (-24%) from 2015

Expenses

Down

$417,882

Down $132,008 (-24%) from 2015

Net Income

Up

-$12,281

Up $2,633 (+18%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$1.0M$500K$0Assets 2010: $522,217Liabilities 2010: $53,292Net Assets 2010: $468,9252010Assets 2011: $483,455Liabilities 2011: $28,871Net Assets 2011: $454,5842011Assets 2012: $450,827Liabilities 2012: $23,402Net Assets 2012: $427,4252012Assets 2013: $469,033Liabilities 2013: $14,391Net Assets 2013: $454,6422013Assets 2014: $385,335Liabilities 2014: $0Net Assets 2014: $385,3352014Assets 2015: $894,989Liabilities 2015: $0Net Assets 2015: $894,9892015Assets 2016: $880,415Liabilities 2016: $0Net Assets 2016: $880,4152016Assets 2017: $947,616Liabilities 2017: $5,070Net Assets 2017: $942,5462017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2016

Assets$880,415
Liabilities$0
Net Assets$880,415
Open 2016 Filing

Operations Trend

Revenue Growth14th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $307,053Expenses 2010: $256,942Net Income 2010: $50,1112010Revenue 2011: $542,466Expenses 2011: $556,807Net Income 2011: -$14,3412011Expenses 2012: $548,9142012Expenses 2013: $452,7292013Revenue 2014: $611,037Expenses 2014: $498,984Net Income 2014: $112,0532014Revenue 2015: $534,976Expenses 2015: $549,890Net Income 2015: -$14,9142015Revenue 2016: $405,601Expenses 2016: $417,882Net Income 2016: -$12,2812016Revenue 2017: $385,828Expenses 2017: $323,698Net Income 2017: $62,1302017Revenue 2018: $510,788Expenses 2018: $510,788Net Income 2018: $02018

Highlighted filing

2016

Revenue$405,601
Expenses$417,882
Net Income-$12,281
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2015 to Jul 31, 2016
Signed
Apr 19, 2017
Return Version
2015v3.0
Gross Receipts
$412,106
Mission and Program Overview

Mission

Provide a quality educational experience for children, which develops not only their academic knowledge, but also spiritual growth, character development, and citizenship.

Provide a quality educational experience for children, which develops not only their academic knowledge, but also spiritual growth, character developement, and citizenship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$851,536$846,110▼ $5,426
Savings and Temporary Cash Investments$32,538$33,238▲ $700
Cash and Non-Interest-Bearing Accounts$10,915$1,067▼ $9,848
Total Assets$894,989$880,415▼ $14,574
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$894,989$880,415▼ $14,574
Total Net Assets Fund Balance$894,989$880,415▼ $14,574
Total Liabilities and Net Assets / Fund Balance$894,989$880,415▼ $14,574

Asset Categories

AssetBook ValueDepreciationBasis
Land$743,000-$743,000
Buildings$71,327$45,673$117,000
Leasehold Improvements$28,283$62,223$90,506
Equipment$3,500$48,100$51,600
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen BurneySchool principalFT$28,360$1,816$30,176

Board Members and Trustees

NameTitle
Brian BurneyPresident
Debbie BrumleyDirector
Joe BellDirector
Johnny FayoDirector
Russ HerringtonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$88,647
Program Service Revenue
$323,320
Investment Income
$139
Other Revenue
$-6,505
All Other Contributions
$73,822
Change in Net Assets
$-12,281
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$293,403
Other Expenses$124,479
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$184,737$49,746-$234,483
Occupancy$27,880$9,293-$37,173
Other Expenses$32,982--$32,982
Current Officers, Directors, Trustees, and Key Employees-$28,360-$28,360
Payroll Taxes$16,772$7,187-$23,959
Office Expenses$14,937$4,978-$19,915
Travel$16,115--$16,115
Depreciation Depletion$5,944$1,981-$7,925
Fees for Services Accounting-$6,800-$6,800
Other Employee Benefits$4,786--$4,786
Conferences and Meetings$2,164--$2,164
Pension Plan Contributions-$1,815-$1,815
Advertising$1,155--$1,155
Fees for Services Legal-$250-$250
Total Functional Expenses$307,472$110,410$0$417,882
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$6,505
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fun Run$7,980-$825-
Other Fundraisers$6,845-$5,680-
Total Events$14,825-$6,505$-6,505
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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 A, Line 2

“he school principal is the parent of of the board president.”

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

“Board members complete a conflict of interest disclosure statement annually. Management monitors action items at board meetings and vendor transactions to oversee any potential conflicts. Board members must abstain from voting if any known or potential conflict exists.”

Form 990, Part VI, Section B, Line 15A

“An evaluation of the school principal/administrator is conducted annually by the board of directors. Compensation is determined mostly based on the budget of the School. No other officers of the School are compensated.”

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed by the school principal and financial bookkeeper. The board normally reviews at a board meeting after filing.”

Form 990, Part VI, Section C, Line 19

“Governing documents, financial statements, the 990, and conflict of interest statements are maintained at the Schools administrative offices at 5611 Ector, Odessa, Texas 79762. The 990 is also available on guidestar.org.”

Filing and Contact Details

Filer

Filer Name
Sherwood Christian Academy
EIN
75-2376473
Phone
4323627447
Address
PO BOX 13448, ODESSA, TX 79768-3448

Signing Officer

Name
Karen Burney
Title
Principal
Signed
2017-04-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Burney
Formed
1973
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
21
Volunteers
50

Preparer

Firm
Randy Silhan CPA Cfe
Address
PO BOX 1341, WOLFFORTH, TX 79382
Preparer
Randy Silhan
Phone
4325800204
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 8

“A prior period adjustment was made to correct overstated payroll expenses for the prior year.”

Raw XML Appendix389 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide a quality educational experience for children, which develops not only their academic knowledge, but also spiritual growth, character developement, and citizenship.
IRS990/AdvertisingGrp/ProgramServicesAmt01155
IRS990/AdvertisingGrp/TotalAmt01155
IRS990/AllOtherContributionsAmt073822
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0SHERWOOD CHRISTIAN ACADEMY
IRS990/BooksInCareOfDetail/PhoneNum04323627447
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05611 ECTOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0ODESSA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd079768
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt010915
IRS990/CashNonInterestBearingGrp/EOYAmt01067
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt028360
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt028360
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02164
IRS990/ConferencesMeetingsGrp/TotalAmt02164
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt014825
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt088647
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0139
IRS990/CYOtherExpensesAmt0124479
IRS990/CYOtherRevenueAmt0-6505
IRS990/CYProgramServiceRevenueAmt0323320
IRS990/CYRevenuesLessExpensesAmt0-12281
IRS990/CYSalariesCompEmpBnftPaidAmt0293403
IRS990/CYTotalExpensesAmt0417882
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0405601
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01981
IRS990/DepreciationDepletionGrp/ProgramServicesAmt05944
IRS990/DepreciationDepletionGrp/TotalAmt07925
IRS990/Desc0Christian education for approximately 60 students pre-k through 12th grade.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt021
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0307472
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06800
IRS990/FeesForServicesAccountingGrp/TotalAmt06800
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0250
IRS990/FeesForServicesLegalGrp/TotalAmt0250
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt0040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt51816
IRS990/Form990PartVIISectionAGrp/PersonNm0Brian Burney
IRS990/Form990PartVIISectionAGrp/PersonNm1Russ Herrington
IRS990/Form990PartVIISectionAGrp/PersonNm2Johnny Fayo
IRS990/Form990PartVIISectionAGrp/PersonNm3Joe Bell
IRS990/Form990PartVIISectionAGrp/PersonNm4Debbie Brumley
IRS990/Form990PartVIISectionAGrp/PersonNm5Karen Burney
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt528360
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5School principal
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt014825
IRS990/FundraisingDirectExpensesAmt06505
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0412106
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0139
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0139
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0155996
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0851536
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0846110
IRS990/LandBldgEquipCostOrOtherBssAmt01002106
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide a quality educational experience for children, which develops not only their academic knowledge, but also spiritual growth, character development, and citizenship.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0894989
IRS990/NetAssetsOrFundBalancesEOYAmt0880415
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-6505
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt09293
IRS990/OccupancyGrp/ProgramServicesAmt027880
IRS990/OccupancyGrp/TotalAmt037173
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04978
IRS990/OfficeExpensesGrp/ProgramServicesAmt014937
IRS990/OfficeExpensesGrp/TotalAmt019915
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04786
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04786
IRS990/OtherExpensesGrp/Desc0Instructional supplies and materials
IRS990/OtherExpensesGrp/ProgramServicesAmt032982
IRS990/OtherExpensesGrp/TotalAmt032982
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt049746
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0184737
IRS990/OtherSalariesAndWagesGrp/TotalAmt0234483
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07187
IRS990/PayrollTaxesGrp/ProgramServicesAmt016772
IRS990/PayrollTaxesGrp/TotalAmt023959
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01815
IRS990/PensionPlanContributionsGrp/TotalAmt01815
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KAREN BURNEY
IRS990/PriorPeriodAdjustmentsAmt0-2293
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Tuition Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0323320
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0323320
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt094572
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0103
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0183232
IRS990/PYOtherRevenueAmt0-5348
IRS990/PYProgramServiceRevenueAmt0445649
IRS990/PYRevenuesLessExpensesAmt0-14914
IRS990/PYSalariesCompEmpBnftPaidAmt0366658
IRS990/PYTotalExpensesAmt0549890
IRS990/PYTotalRevenueAmt0534976
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-12281
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0323320
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt032538
IRS990/SavingsAndTempCashInvstGrp/EOYAmt033238
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
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/BookValueAmt071327
IRS990ScheduleD/BuildingsGrp/DepreciationAmt045673
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0117000
IRS990ScheduleD/EquipmentGrp/BookValueAmt03500
IRS990ScheduleD/EquipmentGrp/DepreciationAmt048100
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt051600
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0743000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0743000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt028283
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt062223
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt090506
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0846110
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
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt014825
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt07980
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt06845
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06505
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUN RUN
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0OTHER FUNDRAISERS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt07980
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06845
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt014825
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-6505
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06505
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0825
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt05680
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0he school principal is the parent of of the board president.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members complete a conflict of interest disclosure statement annually. Management monitors action items at board meetings and vendor transactions to oversee any potential conflicts. Board members must abstain from voting if any known or potential conflict exists.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2An evaluation of the school principal/administrator is conducted annually by the board of directors. Compensation is determined mostly based on the budget of the School. No other officers of the School are compensated.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 990 is reviewed by the school principal and financial bookkeeper. The board normally reviews at a board meeting after filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, financial statements, the 990, and conflict of interest statements are maintained at the Schools administrative offices at 5611 Ector, Odessa, Texas 79762. The 990 is also available on guidestar.org.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A prior period adjustment was made to correct overstated payroll expenses for the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, Line 8
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0894989
IRS990/TotalAssetsEOYAmt0880415
IRS990/TotalAssetsGrp/BOYAmt0894989
IRS990/TotalAssetsGrp/EOYAmt0880415
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt088647
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0110410
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0307472
IRS990/TotalFunctionalExpensesGrp/TotalAmt0417882
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0894989
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0880415
IRS990/TotalOtherCompensationAmt01816
IRS990/TotalProgramServiceExpensesAmt0307472
IRS990/TotalProgramServiceRevenueAmt0323320
IRS990/TotalReportableCompFromOrgAmt028360
IRS990/TotalRevenueGrp/ExclusionAmt0139
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0323320
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0405601
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0894989
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0880415
IRS990/TravelGrp/ProgramServicesAmt016115
IRS990/TravelGrp/TotalAmt016115
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0894989
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0880415
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 13448
IRS990/USAddress/CityNm0ODESSA
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079765
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0sherwoodchristian.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN BURNEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRINCIPAL
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHERWOOD CHRISTIAN ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0SHER
ReturnHeader/Filer/EIN0752376473
ReturnHeader/Filer/PhoneNum04323627447
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 13448
ReturnHeader/Filer/USAddress/CityNm0ODESSA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0797683448
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RANDY SILHAN CPA CFE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1341
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOLFFORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079382
ReturnHeader/PreparerPersonGrp/PhoneNum04325800204
ReturnHeader/PreparerPersonGrp/PreparationDt02017-04-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RANDY SILHAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-04-19T10:24:01-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-08-01
ReturnHeader/TaxPeriodEndDt02016-07-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$880,415
Liabilities
$0
Net assets
$880,415
Revenue
$405,601
Expenses
$417,882
Net income
-$12,281
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$5.11$5.11$0.00
2017Detailed filing. Detailed filing data is available for this year.$9.48$0.05$9.43$3.86$3.24$0.62
2016Detailed filing. Detailed filing data is available for this year.$8.80$0.00$8.80$4.06$4.18$0.12
2015Detailed filing. Detailed filing data is available for this year.$8.95$0.00$8.95$5.35$5.50$0.15
2014Detailed filing. Detailed filing data is available for this year.$3.85$0.00$3.85$6.11$4.99$1.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.69$0.14$4.55$4.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.51$0.23$4.27$5.49
2011Summary only. Only limited summary data is available for this year.$4.83$0.29$4.55$5.42$5.57$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.22$0.53$4.69$3.07$2.57$0.50
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $500k-$1M nonprofits