Civic Intelligence

Covenant Knights School

990 • Fiscal year 2022 • EIN 75-2642656

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

Organization Profilewww.covenantdallas.com

View Organization Page

7300 Valley View LaneDallas, TX 75240

(214) 358-5818

Siviq Scores

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

Liabilities / Assets

79th percentile

0.61x

Higher debt load relative to assets than 79% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

2.62x

Higher debt load relative to revenue than 87% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

55th percentile

8.5%

Higher net margin than 55% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

29th percentile

$240,292

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

66th percentile

4.9%

Faster asset growth than 66% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

44th percentile

1.8%

Faster revenue growth than 44% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$68,629,092

Up $3,188,947 (+4.9%) from 2021

Net Assets

Up

$26,923,151

Up $1,360,499 (+5.3%) from 2021

Liabilities

Up

$41,705,941

Up $1,828,448 (+4.6%) from 2021

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin55th percentile

Revenue

Up

$15,939,967

Up $286,980 (+1.8%) from 2021

Expenses

Up

$14,579,471

Up $1,245,044 (+9.3%) from 2021

Net Income

Down

$1,360,496

Down $958,064 (-41%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$80M$60M$40M$20M$0Assets 2011: $37,368,809Liabilities 2011: $26,900,401Net Assets 2011: $10,468,4082011Assets 2012: $39,750,449Liabilities 2012: $28,432,087Net Assets 2012: $11,318,3622012Assets 2013: $45,877,852Liabilities 2013: $32,932,719Net Assets 2013: $12,945,1332013Assets 2014: $48,704,900Liabilities 2014: $34,405,637Net Assets 2014: $14,299,2632014Assets 2015: $47,236,538Liabilities 2015: $32,534,621Net Assets 2015: $14,701,9172015Assets 2016: $47,538,911Liabilities 2016: $32,618,224Net Assets 2016: $14,920,6872016Assets 2017: $48,703,215Liabilities 2017: $33,169,476Net Assets 2017: $15,533,7392017Assets 2018: $49,457,918Liabilities 2018: $33,923,293Net Assets 2018: $15,534,6252018Assets 2019: $52,714,945Liabilities 2019: $34,192,125Net Assets 2019: $18,522,8202019Assets 2020: $61,585,913Liabilities 2020: $38,341,709Net Assets 2020: $23,244,2042020Assets 2021: $65,440,145Liabilities 2021: $39,877,493Net Assets 2021: $25,562,6522021Assets 2022: $68,629,092Liabilities 2022: $41,705,941Net Assets 2022: $26,923,1512022Assets 2023: $74,564,468Liabilities 2023: $45,962,796Net Assets 2023: $28,601,6722023Assets 2024: $79,704,649Liabilities 2024: $51,224,705Net Assets 2024: $28,479,9442024

Highlighted filing

2022

Assets$68,629,092
Liabilities$41,705,941
Net Assets$26,923,151
Open 2022 Filing

Operations Trend

Revenue Growth44th percentile

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $6,182,876Expenses 2011: $5,730,543Net Income 2011: $452,3332011Expenses 2012: $5,856,6482012Expenses 2013: $6,888,9982013Revenue 2014: $9,073,111Expenses 2014: $7,718,981Net Income 2014: $1,354,1302014Revenue 2015: $8,822,229Expenses 2015: $8,419,575Net Income 2015: $402,6542015Revenue 2016: $8,908,572Expenses 2016: $8,689,802Net Income 2016: $218,7702016Revenue 2017: $9,471,762Expenses 2017: $8,858,710Net Income 2017: $613,0522017Revenue 2018: $10,193,445Expenses 2018: $10,192,559Net Income 2018: $8862018Revenue 2019: $14,513,512Expenses 2019: $11,525,317Net Income 2019: $2,988,1952019Revenue 2020: $16,900,534Expenses 2020: $12,179,150Net Income 2020: $4,721,3842020Revenue 2021: $15,652,987Expenses 2021: $13,334,427Net Income 2021: $2,318,5602021Revenue 2022: $15,939,967Expenses 2022: $14,579,471Net Income 2022: $1,360,4962022Revenue 2023: $17,450,287Expenses 2023: $15,638,260Net Income 2023: $1,812,0272023Revenue 2024: $17,250,386Expenses 2024: $17,372,114Net Income 2024: -$121,7282024

Highlighted filing

2022

Revenue$15,939,967
Expenses$14,579,471
Net Income$1,360,496
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$16,304,581
Mission and Program Overview

Mission

The Covenant School exists to glorify God by equipping students with the tools necessary to pursue a lifetime of learning so that they may discern, reason, and defend truth in service to our Lord, Jesus Christ.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$31,545,561$34,076,528▲ $2,530,967
Cash and Non-Interest-Bearing Accounts$7,591,277$5,499,169▼ $2,092,108
Prepaid Expenses and Deferred Charges$69,641$166,894▲ $97,253
Accounts Receivable$29,682$157,213▲ $127,531
Total Assets$65,440,145$68,629,092▲ $3,188,947
Other Assets Total$26,203,984$28,729,288▲ $2,525,304
Liabilities
Other Liabilities$14,961,135$16,628,689▲ $1,667,554
Mortgage Notes Payable Secured by Investment Property$12,139,203$11,722,541▼ $416,662
Accounts Payable and Accrued Expenses$7,337,961$7,199,515▼ $138,446
Deferred Revenue$5,439,194$6,155,196▲ $716,002
Total Liabilities$39,877,493$41,705,941▲ $1,828,448
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$22,042,798$23,689,615▲ $1,646,817
Net Assets With Donor Restrictions$3,519,854$3,233,536▼ $286,318
Total Net Assets Fund Balance$25,562,652$26,923,151▲ $1,360,499
Total Liabilities and Net Assets / Fund Balance$65,440,145$68,629,092▲ $3,188,947

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$20,762,528$7,260,957$28,023,485
Land$12,148,672-$12,148,672
Equipment$1,165,328$923,374$2,088,702
Other Land Buildings$0$55,203$55,203
Other Assets Org$28,481,660--
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Robert LittlejohnHead of SchoolFT$240,292$240,292

Board Members and Trustees

NameTitle
Eliot KerlinChairman
Amy AndersonVice Chairperson
Brian McFarlaneFacilities Liaison
John LewisFinance
Andrea ThomasonParent Educator
Elise HarperPersonnel
Jeff WalkerSecretary
Gary KoernerSustaining Member
Gregg Hodges M DSustaining Member
J J BartoSustaining Member
Ray SperringTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,128,781
Program Service Revenue
$12,443,722
Investment Income
$30,290
Other Revenue
$337,174
All Other Contributions
$566,240
Change in Net Assets
$1,360,496

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$234,797Fair Market Value (FMV)
Total Noncash Contributions$234,797-

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,284,854
Revenue Not Reported on Financial Statements
$-344,887
Revenue Not Reported on Form 990
$-981,798
Other Revenue Adjustments
$-344,887
Total Revenue per Audited Statements
$15,303,056
Total Revenue per Form 990
$15,939,967
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,592,398
Other Expenses$4,834,198
Grants and Similar Amounts Paid$1,152,875
Total Fundraising Expense$262,649
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,631,536$1,017,501$177,787$6,826,824
Depreciation Depletion$1,134,912$105,534$5,740$1,246,186
Grants to Domestic Individuals$1,152,875--$1,152,875
Other Employee Benefits$864,784$152,979$26,730$1,044,493
Interest-$1,028,307-$1,028,307
Payroll Taxes$409,924$77,839$13,601$501,364
Other Expenses$5,951$274,274-$274,274
Occupancy$2,986$248,462-$251,448
Pension Plan Contributions$181,247$32,748$5,722$219,717
Insurance-$190,230-$190,230
Advertising$17,494$93,076$33,069$143,639
Fees for Services Accounting-$50,707-$50,707
Office Expenses-$18,823-$18,823
Information Technology-$11,495-$11,495
Fees for Services Legal-$2,485-$2,485
Total Functional Expenses$10,553,946$3,762,876$262,649$14,579,471

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$14,579,471
Expenses per Audited Statements$13,942,556
Total Expenses per Audited Statements$13,942,556
Expenses Not Reported on Financial Statements$636,915
Other Expense Adjustments$636,915
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
Fundraising Gross Income$573,177
Fundraising Direct Expenses$364,614
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$459,870$459,870$97,823$362,047
Golf$107,765$107,765$31,947$75,818
Total Events$573,177$573,177$364,614$208,563
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable to Affliate$16,601,554
Capital Lease Payables$27,135
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Covenant Knight School Form 990 is prepared by their CPA firm. After recieving the finished form, Covenant Knight School reviews it against their records before it is sent to the President and Finance Chairman.”

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

“The Board of Covenant Knights School reviews activity for conflicts of interest.”

Form 990, Part VI, Section B, line 15

“Headmaster hired in 2017. The personnel committee interviewed several candidates & considered available market information as well as the various candidates qualifications before establishing a compensation package & making a recommendation to the Board. After the Committee findings were presented to the school board, the board visted with candidate in person before deliberating on the personnel committee recommendations on the employment offer and compensation package.”

Form 990, Part VI, Section C, line 19

“Covenant Knights School provides information upon request.”

Filing and Contact Details

Filer

Filer Name
Covenant Knights School
EIN
75-2642656
Phone
2143585818
Address
7300 Valley View Lane, Dallas, TX 75240

Signing Officer

Name
Amy Anderson
Title
Chairperson of The Board
Phone
2143585818
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Anderson
Formed
1996
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
188
Volunteers
500

Preparer

Firm
Still Burton LLP
Address
13465 Midway Road Suite 475, Farmers Branch, TX 75244
Preparer
Brett K Burton
Phone
4697011710
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“The School regularly assesses uncertain tax positions in each of the tax jurisdictions in which it has operations and accounts for the related financial statement implications. Unrecognized tax benefits are reported using the two-step approach under which tax effects of a position are recognized only if it is "more-likely-than-not" to be sustained and the amount of the tax benefit recognized is equal to the largest tax benefit that is greater than fifty percent likely of being realized upon ulitmate settlement of the tax position. Determining the appropriate level of unrecognized tax benefits requires the School to exercise judgment regarding the uncertain application of tax law. The amount of unrecognized tax benefits is adjusted when information becomes avaliable or when an event occurs indicating change is appropriate. Future changes in unrecognized tax benefits requirements could have a material impact on the results of operations.”

Part XI, Line 2D - Other Adjustments:

“Financial Aid -981,798.”

Part XI, Line 4B - Other Adjustments:

“Other Gains 19,727. Fundraising Events -364,614.”

Part XII, Line 4B - Other Adjustments:

“Fundraising Events -364,614. Other Gains 19,727. Financial Aid 981,798. Other 4.”

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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/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt011495
IRS990/InformationTechnologyGrp/TotalAmt011495
IRS990/InsuranceGrp/ManagementAndGeneralAmt0190230
IRS990/InsuranceGrp/TotalAmt0190230
IRS990/InterestGrp/ManagementAndGeneralAmt01028307
IRS990/InterestGrp/TotalAmt01028307
IRS990/InvestmentIncomeGrp/ExclusionAmt010563
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010563
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt070
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08239534
IRS990/LandBldgEquipBasisNetGrp/BOYAmt031545561
IRS990/LandBldgEquipBasisNetGrp/EOYAmt034076528
IRS990/LandBldgEquipCostOrOtherBssAmt042316062
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd01
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Covenant School exists to glorify God by equipping students with the tools necessary to pursue a lifetime of learning so that they may discern, reason, and defend truth in service to our Lord, Jesus Christ.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt012139203
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt011722541
IRS990/NetAssetsOrFundBalancesBOYAmt025562652
IRS990/NetAssetsOrFundBalancesEOYAmt026923151
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt019727
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt019727
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0208563
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0208563
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt022042798
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt023689615
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0234797
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0248462
IRS990/OccupancyGrp/ProgramServicesAmt02986
IRS990/OccupancyGrp/TotalAmt0251448
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt018823
IRS990/OfficeExpensesGrp/TotalAmt018823
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt026203984
IRS990/OtherAssetsTotalGrp/EOYAmt028729288
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt026730
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0152979
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0864784
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01044493
IRS990/OtherExpensesGrp/Desc0Teaching Materials and
IRS990/OtherExpensesGrp/Desc1Other Program Costs
IRS990/OtherExpensesGrp/Desc2Contract Labor
IRS990/OtherExpensesGrp/Desc3Other Operating
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0458416
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1274274
IRS990/OtherExpensesGrp/ProgramServicesAmt0657186
IRS990/OtherExpensesGrp/ProgramServicesAmt1495051
IRS990/OtherExpensesGrp/ProgramServicesAmt25951
IRS990/OtherExpensesGrp/TotalAmt0657186
IRS990/OtherExpensesGrp/TotalAmt1495051
IRS990/OtherExpensesGrp/TotalAmt2464367
IRS990/OtherExpensesGrp/TotalAmt3274274
IRS990/OtherLiabilitiesGrp/BOYAmt014961135
IRS990/OtherLiabilitiesGrp/EOYAmt016628689
IRS990/OtherRevenueMiscGrp/BusinessCd0611110
IRS990/OtherRevenueMiscGrp/Desc0Miscelaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0128611
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0128611
IRS990/OtherRevenueTotalAmt0128611
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0177787
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01017501
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05631536
IRS990/OtherSalariesAndWagesGrp/TotalAmt06826824
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt013601
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt077839
IRS990/PayrollTaxesGrp/ProgramServicesAmt0409924
IRS990/PayrollTaxesGrp/TotalAmt0501364
IRS990/PensionPlanContributionsGrp/FundraisingAmt05722
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt032748
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0181247
IRS990/PensionPlanContributionsGrp/TotalAmt0219717
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt069641
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0166894
IRS990/PrincipalOfficerNm0Amy Anderson
IRS990/PriorPeriodAdjustmentsAmt03
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/Desc0Tuition and Fees
IRS990/ProgramServiceRevenueGrp/Desc1Athletic Club
IRS990/ProgramServiceRevenueGrp/Desc2School Activities
IRS990/ProgramServiceRevenueGrp/Desc3School Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012003332
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1213249
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2120555
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3106586
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012003332
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1213249
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2120555
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3106586
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02337458
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01229817
IRS990/PYInvestmentIncomeAmt026871
IRS990/PYOtherExpensesAmt04234875
IRS990/PYOtherRevenueAmt01462820
IRS990/PYProgramServiceRevenueAmt011825838
IRS990/PYRevenuesLessExpensesAmt02318560
IRS990/PYSalariesCompEmpBnftPaidAmt07869735
IRS990/PYTotalExpensesAmt013334427
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt015652987
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01360496
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt02562541
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt012572333
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/BookValueAmt020762528
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07260957
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt028023485
IRS990ScheduleD/EquipmentGrp/BookValueAmt01165328
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0923374
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02088702
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0636915
IRS990ScheduleD/ExpensesSubtotalAmt013942556
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt012148672
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt012148672
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0247628
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt128481660
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Financing Costs
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Interest in Net Assets of Associated Foundation (net)
IRS990ScheduleD/OtherExpensesNotIncludedAmt0636915
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt055203
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt055203
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027135
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt116601554
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Capital Lease Payables
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Note Payable to Affliate
IRS990ScheduleD/OtherRevenueAmt0-981798
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-344887
IRS990ScheduleD/RevenueNotReportedAmt0-981798
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-344887
IRS990ScheduleD/RevenueSubtotalAmt016284854
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The School regularly assesses uncertain tax positions in each of the tax jurisdictions in which it has operations and accounts for the related financial statement implications. Unrecognized tax benefits are reported using the two-step approach under which tax effects of a position are recognized only if it is "more-likely-than-not" to be sustained and the amount of the tax benefit recognized is equal to the largest tax benefit that is greater than fifty percent likely of being realized upon ulitmate settlement of the tax position. Determining the appropriate level of unrecognized tax benefits requires the School to exercise judgment regarding the uncertain application of tax law. The amount of unrecognized tax benefits is adjusted when information becomes avaliable or when an event occurs indicating change is appropriate. Future changes in unrecognized tax benefits requirements could have a material impact on the results of operations.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Financial Aid -981,798.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Other Gains 19,727. Fundraising Events -364,614.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Fundraising Events -364,614. Other Gains 19,727. Financial Aid 981,798. Other 4.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt034076528
IRS990ScheduleD/TotalBookValueOtherAssetsAmt028729288
IRS990ScheduleD/TotalExpensesPerForm990Amt014579471
IRS990ScheduleD/TotalLiabilityAmt016628689
IRS990ScheduleD/TotalRevenuePerForm990Amt015939967
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015303056
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013942556
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

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$68,629,092
Liabilities
$41,705,941
Net assets
$26,923,151
Revenue
$15,939,967
Expenses
$14,579,471
Net income
$1,360,496
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$79.7$51.2$28.5$17.3$17.4$0.12
2023Detailed filing. Detailed filing data is available for this year.$74.6$46.0$28.6$17.5$15.6$1.81
2022Detailed filing. Detailed filing data is available for this year.$68.6$41.7$26.9$15.9$14.6$1.36
2021Detailed filing. Detailed filing data is available for this year.$65.4$39.9$25.6$15.7$13.3$2.32
2020Detailed filing. Detailed filing data is available for this year.$61.6$38.3$23.2$16.9$12.2$4.72
2019Detailed filing. Detailed filing data is available for this year.$52.7$34.2$18.5$14.5$11.5$2.99
2018Detailed filing. Detailed filing data is available for this year.$49.5$33.9$15.5$10.2$10.2$0.00
2017Detailed filing. Detailed filing data is available for this year.$48.7$33.2$15.5$9.47$8.86$0.61
2016Detailed filing. Detailed filing data is available for this year.$47.5$32.6$14.9$8.91$8.69$0.22
2015Summary only. Only limited summary data is available for this year.$47.2$32.5$14.7$8.82$8.42$0.40
2014Detailed filing. Detailed filing data is available for this year.$48.7$34.4$14.3$9.07$7.72$1.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.9$32.9$12.9$6.89
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.8$28.4$11.3$5.86
2011Summary only. Only limited summary data is available for this year.$37.4$26.9$10.5$6.18$5.73$0.45