Civic Intelligence

Ascension Academy

990 • Fiscal year 2022 • EIN 75-2564283

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 30, 2023

Organization ProfileWWW.ASCENSIONACADEMY.ORG

View Organization Page

PO Box 50729Amarillo, TX 79159-0729

(806) 342-0515

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.22x

Higher debt load relative to assets than 62% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

78th percentile

0.64x

Higher debt load relative to revenue than 78% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

78th percentile

29%

Higher net margin than 78% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

62nd percentile

$151,874

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

67th percentile

8.4%

Faster asset growth than 67% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

81st percentile

39%

Faster revenue growth than 81% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$9,602,729

Up $742,965 (+8.4%) from 2021

Net Assets

Up

$7,473,595

Up $532,111 (+7.7%) from 2021

Liabilities

Up

$2,129,134

Up $210,854 (+11%) from 2021

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin78th percentile

Revenue

Up

$3,322,732

Up $933,208 (+39%) from 2021

Expenses

Down

$2,363,935

Down $142,049 (-5.7%) from 2021

Net Income

Up

$958,797

Up $1,075,257 (+923%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

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

$15M$10M$5.0M$0Assets 2011: $6,915,259Liabilities 2011: $186,223Net Assets 2011: $6,729,0362011Assets 2012: $9,949,019Liabilities 2012: $445,263Net Assets 2012: $9,503,7562012Assets 2013: $12,234,689Liabilities 2013: $2,922,855Net Assets 2013: $9,311,8342013Assets 2014: $11,701,486Liabilities 2014: $2,969,277Net Assets 2014: $8,732,2092014Assets 2015: $11,461,945Liabilities 2015: $2,804,419Net Assets 2015: $8,657,5262015Assets 2016: $11,101,626Liabilities 2016: $2,697,598Net Assets 2016: $8,404,0282016Assets 2017: $10,559,027Liabilities 2017: $2,526,142Net Assets 2017: $8,032,8852017Assets 2018: $9,894,280Liabilities 2018: $2,208,503Net Assets 2018: $7,685,7772018Assets 2019: $9,402,283Liabilities 2019: $2,432,521Net Assets 2019: $6,969,7622019Assets 2020: $9,073,718Liabilities 2020: $2,093,879Net Assets 2020: $6,979,8392020Assets 2021: $8,859,764Liabilities 2021: $1,918,280Net Assets 2021: $6,941,4842021Assets 2022: $9,602,729Liabilities 2022: $2,129,134Net Assets 2022: $7,473,5952022Assets 2023: $9,184,829Liabilities 2023: $2,213,115Net Assets 2023: $6,971,7142023Assets 2024: $8,132,336Liabilities 2024: $2,074,490Net Assets 2024: $6,057,8462024Assets 2025: $7,390,417Liabilities 2025: $2,033,024Net Assets 2025: $5,357,3932025

Highlighted filing

2022

Assets$9,602,729
Liabilities$2,129,134
Net Assets$7,473,595
Open 2022 Filing

Operations Trend

Revenue Growth81st percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,370,054Expenses 2011: $1,710,737Net Income 2011: -$340,6832011Revenue 2012: $4,667,844Expenses 2012: $1,893,124Net Income 2012: $2,774,7202012Revenue 2013: $1,913,632Expenses 2013: $2,105,554Net Income 2013: -$191,9222013Revenue 2014: $2,050,324Expenses 2014: $2,629,949Net Income 2014: -$579,6252014Revenue 2015: $2,567,143Expenses 2015: $2,641,826Net Income 2015: -$74,6832015Revenue 2016: $2,412,940Expenses 2016: $2,666,434Net Income 2016: -$253,4942016Revenue 2017: $2,252,402Expenses 2017: $2,634,100Net Income 2017: -$381,6982017Revenue 2018: $2,262,707Expenses 2018: $2,609,021Net Income 2018: -$346,3142018Revenue 2019: $1,919,005Expenses 2019: $2,631,398Net Income 2019: -$712,3932019Revenue 2020: $2,208,698Expenses 2020: $2,540,077Net Income 2020: -$331,3792020Revenue 2021: $2,389,524Expenses 2021: $2,505,984Net Income 2021: -$116,4602021Revenue 2022: $3,322,732Expenses 2022: $2,363,935Net Income 2022: $958,7972022Revenue 2023: $1,945,455Expenses 2023: $2,463,031Net Income 2023: -$517,5762023Revenue 2024: $1,579,162Expenses 2024: $2,556,896Net Income 2024: -$977,7342024Revenue 2025: $1,872,263Expenses 2025: $2,589,956Net Income 2025: -$717,6932025

Highlighted filing

2022

Revenue$3,322,732
Expenses$2,363,935
Net Income$958,797
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 30, 2023
Return Version
2021v4.0
Gross Receipts
$3,412,398
Mission and Program Overview

Mission

To provide an exemplary college preparatory education in a challenging, faith-affirming environment to maximize the potential of every student.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,149,920$8,025,200▼ $124,720
Pledges and Grants Receivable-$1,000,000-
Investments Other Securities$425,096$381,427▼ $43,669
Cash and Non-Interest-Bearing Accounts$261,822$179,664▼ $82,158
Prepaid Expenses and Deferred Charges$10,558$10,172▼ $386
Accounts Receivable$12,368$6,266▼ $6,102
Total Assets$8,859,764$9,602,729▲ $742,965
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,649,242$1,789,636▲ $140,394
Deferred Revenue$138,979$192,135▲ $53,156
Accounts Payable and Accrued Expenses$130,059$147,363▲ $17,304
Total Liabilities$1,918,280$2,129,134▲ $210,854
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,130,413$6,756,560▲ $626,147
Net Assets With Donor Restrictions$811,071$717,035▼ $94,036
Total Net Assets Fund Balance$6,941,484$7,473,595▲ $532,111
Total Liabilities and Net Assets / Fund Balance$8,859,764$9,602,729▲ $742,965

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,397,424$3,505,021$9,902,445
Land$1,500,000-$1,500,000
Equipment$127,776$772,490$900,266

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$425,096-▼ $43,669-$381,427
2020$355,036-▲ $70,060-$425,096
2019$350,907-▲ $4,210-$355,036
2018$300,655$39,120▲ $11,372-$350,907
2017$254,375$35,003▲ $11,508-$300,655
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tim OdittHead of SchoFT$139,574$12,300$151,874
Tim OdittHead of School-$139,574$12,300$151,874

Board Members and Trustees

NameTitle
Patrick SwindellChairman
Steve BeckhamVice Chairma
Deanna MorrisPaa Presiden
Bill HarrisRegent
Laura StreetRegent
Mikel WilliamsonRegent
Paul EnglerRegent
Roxann BallRegent
Shane HallRegent
Simon LeechRegent
Adair BucknerSecretary
Lance JonesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,624,321
Program Service Revenue
$1,544,406
Investment Income
$9,495
Other Revenue
$144,510
All Other Contributions
$1,256,121
Change in Net Assets
$958,797

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,322,732
Revenue Not Reported on Form 990
$-342,958
Total Revenue per Audited Statements
$2,979,774
Total Revenue per Form 990
$3,322,732
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,778,241
Other Expenses$585,694
Total Fundraising Expense$129,002
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,097,406$260,069$71,372$1,428,847
Depreciation Depletion$266,394--$266,394
Current Officers, Directors, Trustees, and Key Employees$83,744$27,915$27,915$139,574
Payroll Taxes$70,863$22,031$7,595$100,489
All Other Expenses$61,619--$61,619
Interest$55,060--$55,060
Other Employee Benefits$40,496--$40,496
Comp Disqual Persons$38,317--$38,317
Insurance$37,080--$37,080
Occupancy$32,774--$32,774
Pension Plan Contributions$30,518--$30,518
Advertising--$22,120$22,120
Information Technology$21,840--$21,840
Fees for Services Accounting$14,093--$14,093
Other Expenses$9,801--$9,801
Office Expenses$7,895--$7,895
Total Functional Expenses$1,924,918$310,015$129,002$2,363,935

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,447,663
Expenses per Audited Statements$2,363,935
Total Expenses per Form 990$2,363,935
Expenses Not Reported on Form 990$83,728
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$171,185
Fundraising Direct Expenses$19,836
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Gala$165,163$165,163$19,836$145,327
Paa$6,022$6,022-$6,022
Total Events$171,185$171,185$19,836$151,349
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
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
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, Page 6, Part VI, Line 11B

“A copy of the tax return was provided to the board of regents prior to filing.”

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

“The board of regents are required to review and disclose any conflicts of interest annually. Any known conflicts must be approved, or ratified in good faith, by a majority of regents not including the interested regent.”

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

“The board annually reviews and approves the head of school's salary.”

Form 990, Page 6, Part VI, Line 19

“The governing documents and tax returns are available at ascension academy's offices upon request.”

Filing and Contact Details

Filer

Filer Name
Ascension Academy
EIN
75-2564283
Phone
8063420515
Address
PO BOX 50729, AMARILLO, TX 79159-0729

Signing Officer

Name
Tim Oditt
Title
Head of School
Phone
8063420515
Signed
2023-03-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Oditt
Formed
1994
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
12
Employees
58

Preparer

Firm
Stewart Martin Dudley & Webb Pc
Address
P O BOX 669, AMARILLO, TX 79105-0669
Preparer
Casey E Webb CPA
Phone
8063747576
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Ppp loan forgiveness 6-30-21 -368,200”

Form 990, Page 12, Part XII, Line 2C

“This process has not changed from prior years.”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Fundraising expenses 19,836 ppp loan conditional grant 6-30-21 -368,200 unrelated business expenses 63,892”

Schedule D, Page 4, Part XII, Line 2D

“Fundraising expenses 19,836 unrelated business expenses 63,892”

Schedule D, Page 4, Part XII, Line 4B

“Unrelated business depreciation -50,013 book / tax depreciation difference 50,013”

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IRS990/GovernmentGrantsAmt0368200
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04364
IRS990/GrossReceiptsAmt03412398
IRS990/GrossRentsGrp/RealAmt044000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt021840
IRS990/InformationTechnologyGrp/TotalAmt021840
IRS990/InsuranceGrp/ProgramServicesAmt037080
IRS990/InsuranceGrp/TotalAmt037080
IRS990/InterestGrp/ProgramServicesAmt055060
IRS990/InterestGrp/TotalAmt055060
IRS990/InvestmentIncomeGrp/ExclusionAmt011069
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011069
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0425096
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0381427
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04277511
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08149920
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08025200
IRS990/LandBldgEquipCostOrOtherBssAmt012302711
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt05938
IRS990/LessRentalExpensesGrp/RealAmt063892
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE AN EXEMPLARY COLLEGE PREPARATORY EDUCATION IN A CHALLENGING, FAITH-AFFIRMING ENVIRONMENT TO MAXIMIZE THE POTENTIAL OF EVERY STUDENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01649242
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01789636
IRS990/NetAssetsOrFundBalancesBOYAmt06941484
IRS990/NetAssetsOrFundBalancesEOYAmt07473595
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-1574
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1574
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0151349
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0151349
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-19892
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-19892
IRS990/NetUnrlzdGainsLossesInvstAmt0-58486
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06130413
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06756560
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt032774
IRS990/OccupancyGrp/TotalAmt032774
IRS990/OfficeExpensesGrp/ProgramServicesAmt07895
IRS990/OfficeExpensesGrp/TotalAmt07895
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-368200
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt040496
IRS990/OtherEmployeeBenefitsGrp/TotalAmt040496
IRS990/OtherExpensesGrp/Desc0SPORTS EXPENSES
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc2OFFICE SUPPLIES & EXPENSE
IRS990/OtherExpensesGrp/Desc3TEXTBOOKS
IRS990/OtherExpensesGrp/ProgramServicesAmt031496
IRS990/OtherExpensesGrp/ProgramServicesAmt113792
IRS990/OtherExpensesGrp/ProgramServicesAmt211730
IRS990/OtherExpensesGrp/ProgramServicesAmt39801
IRS990/OtherExpensesGrp/TotalAmt031496
IRS990/OtherExpensesGrp/TotalAmt113792
IRS990/OtherExpensesGrp/TotalAmt211730
IRS990/OtherExpensesGrp/TotalAmt39801
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt013053
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013053
IRS990/OtherRevenueTotalAmt013053
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt071372
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0260069
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01097406
IRS990/OtherSalariesAndWagesGrp/TotalAmt01428847
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt07595
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt022031
IRS990/PayrollTaxesGrp/ProgramServicesAmt070863
IRS990/PayrollTaxesGrp/TotalAmt0100489
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt030518
IRS990/PensionPlanContributionsGrp/TotalAmt030518
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01000000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010558
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010172
IRS990/PrincipalOfficerNm0TIM ODITT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION FEES
IRS990/ProgramServiceRevenueGrp/Desc1APPLICATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01537506
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01537506
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16900
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0851243
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt021937
IRS990/PYOtherExpensesAmt0640454
IRS990/PYOtherRevenueAmt078777
IRS990/PYProgramServiceRevenueAmt01437567
IRS990/PYRevenuesLessExpensesAmt0-116460
IRS990/PYSalariesCompEmpBnftPaidAmt01865530
IRS990/PYTotalExpensesAmt02505984
IRS990/PYTotalRevenueAmt02389524
IRS990/ReconcilationRevenueExpnssAmt0958797
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-19892
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01544406
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/BookValueAmt06397424
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03505021
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09902445
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0425096
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0381427
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-43669
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0355036
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0425096
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt070060
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt081
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0350907
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0355036
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04210
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0240
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0300655
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt039120
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0350907
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011372
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0231
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0254375
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt035003
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0300655
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011508
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0127776
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0772490
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0900266
IRS990ScheduleD/ExpensesNotReportedAmt083728
IRS990ScheduleD/ExpensesSubtotalAmt02363935
IRS990ScheduleD/LandGrp/BookValueAmt01500000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01500000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-58486
IRS990ScheduleD/OtherExpensesIncludedAmt083728
IRS990ScheduleD/OtherRevenueAmt0-284472
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt0-342958
IRS990ScheduleD/RevenueSubtotalAmt03322732
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES 19,836 PPP LOAN CONDITIONAL GRANT 6-30-21 -368,200 UNRELATED BUSINESS EXPENSES 63,892
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 19,836 UNRELATED BUSINESS EXPENSES 63,892
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2UNRELATED BUSINESS DEPRECIATION -50,013 BOOK / TAX DEPRECIATION DIFFERENCE 50,013
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08025200
IRS990ScheduleD/TotalExpensesPerForm990Amt02363935
IRS990ScheduleD/TotalRevenuePerForm990Amt03322732
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02979774
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02447663
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

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,602,729
Liabilities
$2,129,134
Net assets
$7,473,595
Revenue
$3,322,732
Expenses
$2,363,935
Net income
$958,797
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.39$2.03$5.36$1.87$2.59$0.72
2024Detailed filing. Detailed filing data is available for this year.$8.13$2.07$6.06$1.58$2.56$0.98
2023Detailed filing. Detailed filing data is available for this year.$9.18$2.21$6.97$1.95$2.46$0.52
2022Detailed filing. Detailed filing data is available for this year.$9.60$2.13$7.47$3.32$2.36$0.96
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.86$1.92$6.94$2.39$2.51$0.12
2020Detailed filing. Detailed filing data is available for this year.$9.07$2.09$6.98$2.21$2.54$0.33
2019Detailed filing. Detailed filing data is available for this year.$9.40$2.43$6.97$1.92$2.63$0.71
2018Detailed filing. Detailed filing data is available for this year.$9.89$2.21$7.69$2.26$2.61$0.35
2017Detailed filing. Detailed filing data is available for this year.$10.6$2.53$8.03$2.25$2.63$0.38
2016Detailed filing. Detailed filing data is available for this year.$11.1$2.70$8.40$2.41$2.67$0.25
2015Detailed filing. Detailed filing data is available for this year.$11.5$2.80$8.66$2.57$2.64$0.07
2014Summary only. Only limited summary data is available for this year.$11.7$2.97$8.73$2.05$2.63$0.58
2013Summary only. Only limited summary data is available for this year.$12.2$2.92$9.31$1.91$2.11$0.19
2012Summary only. Only limited summary data is available for this year.$9.95$0.45$9.50$4.67$1.89$2.77
2011Summary only. Only limited summary data is available for this year.$6.92$0.19$6.73$1.37$1.71$0.34