Civic Intelligence

Cumberland Academy

990 • Fiscal year 2015 • EIN 75-2651114

Sep 01, 2014 to Aug 31, 2015 • Filed on Jan 19, 2016

Organization ProfileCUMBERLANDACADEMY.COM
1340 Shiloh RoadTyler, TX 75703

(903) 581-2890

Siviq Scores

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

Liabilities / Assets

87th percentile

0.85x

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

87th percentile

1.86x

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

76th percentile

16%

Higher net margin than 76% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

19th percentile

$90,000

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

42nd percentile

-0.3%

Faster asset growth than 42% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

84th percentile

27%

Faster revenue growth than 84% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$18,924,264

Down $50,371 (-0.3%) from 2014

Net Assets

Up

$2,760,993

Up $1,417,161 (+105%) from 2014

Liabilities

Down

$16,163,271

Down $1,467,532 (-8.3%) from 2014

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin76th percentile

Revenue

Up

$8,687,191

Up $1,836,463 (+27%) from 2014

Expenses

Up

$7,270,030

Up $1,021,076 (+16%) from 2014

Net Income

Up

$1,417,161

Up $815,387 (+135%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$100M$50M$0-$50MAssets 2010: $731,110Liabilities 2010: $816,630Net Assets 2010: -$85,5202010Assets 2011: $659,677Liabilities 2011: $493,901Net Assets 2011: $165,7762011Assets 2012: $9,240,983Liabilities 2012: $8,474,511Net Assets 2012: $766,4722012Assets 2013: $8,713,185Liabilities 2013: $7,971,127Net Assets 2013: $742,0582013Assets 2014: $18,974,635Liabilities 2014: $17,630,803Net Assets 2014: $1,343,8322014Assets 2015: $18,924,264Liabilities 2015: $16,163,271Net Assets 2015: $2,760,9932015Assets 2016: $28,510,205Liabilities 2016: $24,773,561Net Assets 2016: $3,736,6442016Assets 2017: $44,109,305Liabilities 2017: $38,665,890Net Assets 2017: $5,443,4152017Assets 2018: $57,077,103Liabilities 2018: $48,766,062Net Assets 2018: $8,311,0412018Assets 2019: $70,147,913Liabilities 2019: $58,994,741Net Assets 2019: $11,153,1722019Assets 2020: $91,533,480Liabilities 2020: $77,147,863Net Assets 2020: $14,385,6172020Assets 2021: $90,731,403Liabilities 2021: $75,793,225Net Assets 2021: $14,938,1782021Assets 2022: $91,837,212Liabilities 2022: $76,778,088Net Assets 2022: $15,059,1242022Assets 2023: $89,393,211Liabilities 2023: $75,723,730Net Assets 2023: $13,669,4812023Assets 2024: $95,415,735Liabilities 2024: $84,556,220Net Assets 2024: $10,859,5152024

Highlighted filing

2015

Assets$18,924,264
Liabilities$16,163,271
Net Assets$2,760,993
Open 2015 Filing

Operations Trend

Revenue Growth84th percentile

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

$30M$20M$10M$0-$10MExpenses 2010: $2,441,9322010Revenue 2011: $3,353,977Expenses 2011: $3,102,681Net Income 2011: $251,2962011Expenses 2012: $2,993,5292012Expenses 2013: $3,785,4592013Revenue 2014: $6,850,728Expenses 2014: $6,248,954Net Income 2014: $601,7742014Revenue 2015: $8,687,191Expenses 2015: $7,270,030Net Income 2015: $1,417,1612015Revenue 2016: $10,228,844Expenses 2016: $9,374,476Net Income 2016: $854,3682016Revenue 2017: $13,015,482Expenses 2017: $11,308,711Net Income 2017: $1,706,7712017Revenue 2018: $16,730,314Expenses 2018: $13,862,688Net Income 2018: $2,867,6262018Revenue 2019: $19,535,010Expenses 2019: $16,692,879Net Income 2019: $2,842,1312019Revenue 2020: $22,998,506Expenses 2020: $19,766,061Net Income 2020: $3,232,4452020Revenue 2021: $21,554,742Expenses 2021: $21,002,181Net Income 2021: $552,5612021Revenue 2022: $22,775,705Expenses 2022: $22,654,759Net Income 2022: $120,9462022Revenue 2023: $24,348,710Expenses 2023: $25,738,353Net Income 2023: -$1,389,6432023Revenue 2024: $24,724,177Expenses 2024: $27,534,143Net Income 2024: -$2,809,9662024

Highlighted filing

2015

Revenue$8,687,191
Expenses$7,270,030
Net Income$1,417,161
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Jan 19, 2016
Return Version
2014v6.0
Gross Receipts
$8,687,191
Mission and Program Overview

Mission

To provide a superior academic program enhanced by training in performing arts and a technologically advanced curriculum.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,563,406$16,946,776▼ $616,630
Cash and Non-Interest-Bearing Accounts$897,294$1,432,722▲ $535,428
Accounts Receivable$314,883$355,779▲ $40,896
Total Assets$18,974,635$18,924,264▼ $50,371
Other Assets Total$199,052$188,987▼ $10,065
Liabilities
Mortgage Notes Payable Secured by Investment Property$17,498,538$15,716,936▼ $1,781,602
Accounts Payable and Accrued Expenses$56,468$379,662▲ $323,194
Other Liabilities$72,331$66,673▼ $5,658
Deferred Revenue$3,466--
Total Liabilities$17,630,803$16,163,271▼ $1,467,532
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,343,832$2,760,993▲ $1,417,161
Total Net Assets Fund Balance$1,343,832$2,760,993▲ $1,417,161
Total Liabilities and Net Assets / Fund Balance$18,974,635$18,924,264▼ $50,371

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,069,926$1,607,775$16,677,701
Land$1,825,000-$1,825,000
Equipment$49,909$262,233$312,142
Other Land Buildings$1,941$8,840$10,781
Compensation and Service Providers
Top Officer Pay19th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Norma CottonSuperintendentFT$90,000$90,000

Board Members and Trustees

NameTitle
Dr James CottonBoard President
Mike SeamandsBoard Member
Susan EllsworthBoard Member
Vance HendrixBoard Member
Timothy SherwoodBoard Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,681,707
Investment Income
$5,484
Other Revenue
$0
Change in Net Assets
$1,417,161

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,687,191
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,687,191
Total Revenue per Form 990
$8,687,191
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,591,656
Other Expenses$2,678,374
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,979,748$114,374-$4,094,122
Interest-$647,466-$647,466
Depreciation Depletion$616,630--$616,630
All Other Expenses$263,492$74,019-$337,511
Other Employee Benefits$282,318$6,858-$289,176
Payroll Taxes$113,946$4,412-$118,358
Other Expenses$97,597$7,146-$97,597
Current Officers, Directors, Trustees, and Key Employees-$90,000-$90,000
Insurance$54,563--$54,563
Occupancy$29,190$16,070-$45,260
Fees for Services Legal-$23,363-$23,363
Fees for Services Accounting-$13,854-$13,854
Travel$5,446$962-$6,408
Total Functional Expenses$6,260,989$1,009,041$0$7,270,030

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,270,030
Total Expenses per Audited Statements$7,270,030
Total Expenses per Form 990$7,270,030
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Payable$44,906
Due to Student Groups$16,949
Payroll Deductions and Withholdings$4,818
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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

Form 990, Part VI, Section A, line 2

“Dr. James cotton, board president, is married to norma cotton, superintendent of the school.”

Form 990, Part VI, Section B, line 11

“A certified public accountant prepares the federal form 990 with assistance from management. Management and the board of directors review the federal form 990 before submission.”

Form 990, Part VI, Section C, line 18

“Cumberland academy makes its 990 available to the public upon request.”

Form 990, Part VI, Section C, line 19

“Cumberland academy makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Cumberland Academy
EIN
75-2651114
Phone
9035812890
Address
1340 SHILOH ROAD, TYLER, TX 75703

Signing Officer

Name
Dr James Cotton
Title
President
Phone
9035812890
Signed
2016-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr James Cotton
Formed
1998
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
4
Employees
184
Volunteers
150

Preparer

Firm
Freemon Shapard & Story
Address
2088 Zihlman Road, Windthorst, TX 76389
Preparer
H Ted Neeb CPA
Phone
9404236226
Raw XML Appendix397 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt056468
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0379662
IRS990/AccountsReceivableGrp/BOYAmt0314883
IRS990/AccountsReceivableGrp/EOYAmt0355779
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE A SUPERIOR ACADEMIC PROGRAM ENHANCED BY TRAINING IN PERFORMING ARTS AND A TECHNOLOGICALLY ADVANCED CURRICULUM.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt074019
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0263492
IRS990/AllOtherExpensesGrp/TotalAmt0337511
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/PersonNm0NORMA COTTON
IRS990/BooksInCareOfDetail/PhoneNum09035812890
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01340 SHILOH ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0TYLER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd075703
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0897294
IRS990/CashNonInterestBearingGrp/EOYAmt01432722
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt090000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt090000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05484
IRS990/CYOtherExpensesAmt02678374
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt08681707
IRS990/CYRevenuesLessExpensesAmt01417161
IRS990/CYSalariesCompEmpBnftPaidAmt04591656
IRS990/CYTotalExpensesAmt07270030
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08687191
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt03466
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0616630
IRS990/DepreciationDepletionGrp/TotalAmt0616630
IRS990/Desc0TO PROVIDE ACADEMIC EDUCATION FOR APPROXIMATELY 1,004 STUDENTS FOR PK THROUGH 8TH GRADE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0184
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt06260989
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013854
IRS990/FeesForServicesAccountingGrp/TotalAmt013854
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt023363
IRS990/FeesForServicesLegalGrp/TotalAmt023363
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0DR JAMES COTTON
IRS990/Form990PartVIISectionAGrp/PersonNm1TIMOTHY SHERWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm2VANCE HENDRIX
IRS990/Form990PartVIISectionAGrp/PersonNm3MIKE SEAMANDS
IRS990/Form990PartVIISectionAGrp/PersonNm4SUSAN ELLSWORTH
IRS990/Form990PartVIISectionAGrp/PersonNm5NORMA COTTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt590000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SUPERINTENDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt08687191
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt054563
IRS990/InsuranceGrp/TotalAmt054563
IRS990/InterestGrp/ManagementAndGeneralAmt0647466
IRS990/InterestGrp/TotalAmt0647466
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt05484
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05484
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01878848
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017563406
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016946776
IRS990/LandBldgEquipCostOrOtherBssAmt018825624
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE A SUPERIOR ACADEMIC PROGRAM ENHANCED BY TRAINING IN PERFORMING ARTS AND A TECHNOLOGICALLY ADVANCED CURRICULUM.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt017498538
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt015716936
IRS990/NetAssetsOrFundBalancesBOYAmt01343832
IRS990/NetAssetsOrFundBalancesEOYAmt02760993
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt016070
IRS990/OccupancyGrp/ProgramServicesAmt029190
IRS990/OccupancyGrp/TotalAmt045260
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0199052
IRS990/OtherAssetsTotalGrp/EOYAmt0188987
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06858
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0282318
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0289176
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010517
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17146
IRS990/OtherExpensesGrp/ProgramServicesAmt0502370
IRS990/OtherExpensesGrp/ProgramServicesAmt1179917
IRS990/OtherExpensesGrp/ProgramServicesAmt2135772
IRS990/OtherExpensesGrp/ProgramServicesAmt397597
IRS990/OtherExpensesGrp/TotalAmt0512887
IRS990/OtherExpensesGrp/TotalAmt1179917
IRS990/OtherExpensesGrp/TotalAmt2142918
IRS990/OtherExpensesGrp/TotalAmt397597
IRS990/OtherLiabilitiesGrp/BOYAmt072331
IRS990/OtherLiabilitiesGrp/EOYAmt066673
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0114374
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03979748
IRS990/OtherSalariesAndWagesGrp/TotalAmt04094122
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04412
IRS990/PayrollTaxesGrp/ProgramServicesAmt0113946
IRS990/PayrollTaxesGrp/TotalAmt0118358
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DR JAMES COTTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0TEA REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1FEDERAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3STATE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4AFTER SCHOOL PROGRAM R
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07976130
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1437954
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt278219
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt367738
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt462897
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07976130
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1437954
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt278219
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt367738
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt462897
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt044
IRS990/PYOtherExpensesAmt02465508
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06850684
IRS990/PYRevenuesLessExpensesAmt0601774
IRS990/PYSalariesCompEmpBnftPaidAmt03783446
IRS990/PYTotalExpensesAmt06248954
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06850728
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01417161
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08687191
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt015069926
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01607775
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016677701
IRS990ScheduleD/EquipmentGrp/BookValueAmt049909
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0262233
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0312142
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07270030
IRS990ScheduleD/LandGrp/BookValueAmt01825000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01825000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01941
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08840
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010781
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt044906
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14818
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt216949
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL DEDUCTIONS AND WITHHOLDINGS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO STUDENT GROUPS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08687191
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016946776
IRS990ScheduleD/TotalExpensesPerForm990Amt07270030
IRS990ScheduleD/TotalLiabilityAmt066673
IRS990ScheduleD/TotalRevenuePerForm990Amt08687191
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08687191
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07270030
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NEWSPAPER ADVERTISEMENTS, ANNOUNCEMENTS, POLICY STATEMENT IN HANDBOOK
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1CUMBERLAND ACADEMY OPERATES A CHARTER SCHOOL IN TYLER, TX AND AS SUCH RECEIVES REVENUE FROM THE TEXAS EDUCATION AGENCY AND RELATED STATE AND FEDERAL AGENCIES AS ENTITLEMENTS AND/OR GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DR. JAMES COTTON, BOARD PRESIDENT, IS MARRIED TO NORMA COTTON, SUPERINTENDENT OF THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A CERTIFIED PUBLIC ACCOUNTANT PREPARES THE FEDERAL FORM 990 WITH ASSISTANCE FROM MANAGEMENT. MANAGEMENT AND THE BOARD OF DIRECTORS REVIEW THE FEDERAL FORM 990 BEFORE SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CUMBERLAND ACADEMY MAKES ITS 990 AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CUMBERLAND ACADEMY MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01343832
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02760993
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt018974635
IRS990/TotalAssetsEOYAmt018924264
IRS990/TotalAssetsGrp/BOYAmt018974635
IRS990/TotalAssetsGrp/EOYAmt018924264
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt0184
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01009041
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06260989
IRS990/TotalFunctionalExpensesGrp/TotalAmt07270030
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017630803
IRS990/TotalLiabilitiesEOYAmt016163271
IRS990/TotalLiabilitiesGrp/BOYAmt017630803
IRS990/TotalLiabilitiesGrp/EOYAmt016163271
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01343832
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02760993
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt058769
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt058769
IRS990/TotalProgramServiceExpensesAmt06260989
IRS990/TotalProgramServiceRevenueAmt08681707
IRS990/TotalReportableCompFromOrgAmt090000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08687191
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08687191
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt018974635
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018924264
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0962
IRS990/TravelGrp/ProgramServicesAmt05446
IRS990/TravelGrp/TotalAmt06408
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01340 SHILOH ROAD
IRS990/USAddress/CityNm0TYLER
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075703
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0CUMBERLANDACADEMY.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR JAMES COTTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09035812890
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CUMBERLAND ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0CUMB
ReturnHeader/Filer/EIN0752651114
ReturnHeader/Filer/PhoneNum09035812890
ReturnHeader/Filer/USAddress/AddressLine1Txt01340 SHILOH ROAD
ReturnHeader/Filer/USAddress/CityNm0TYLER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075703
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0750706311
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Freemon Shapard & Story
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02088 Zihlman Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Windthorst
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076389
ReturnHeader/PreparerPersonGrp/PhoneNum09404236226
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0H Ted Neeb CPA
ReturnHeader/ReturnTs02016-01-27T11:25:55-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-09-01
ReturnHeader/TaxPeriodEndDt02015-08-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,924,264
Liabilities
$16,163,271
Net assets
$2,760,993
Revenue
$8,687,191
Expenses
$7,270,030
Net income
$1,417,161
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$95.4$84.6$10.9$24.7$27.5$2.81
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$89.4$75.7$13.7$24.3$25.7$1.39
2022Detailed filing. Detailed filing data is available for this year.$91.8$76.8$15.1$22.8$22.7$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$90.7$75.8$14.9$21.6$21.0$0.55
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.5$77.1$14.4$23.0$19.8$3.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$70.1$59.0$11.2$19.5$16.7$2.84
2018Detailed filing. Detailed filing data is available for this year.$57.1$48.8$8.31$16.7$13.9$2.87
2017Detailed filing. Detailed filing data is available for this year.$44.1$38.7$5.44$13.0$11.3$1.71
2016Detailed filing. Detailed filing data is available for this year.$28.5$24.8$3.74$10.2$9.37$0.85
2015Detailed filing. Detailed filing data is available for this year.$18.9$16.2$2.76$8.69$7.27$1.42
2014Detailed filing. Detailed filing data is available for this year.$19.0$17.6$1.34$6.85$6.25$0.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.71$7.97$0.74$3.79
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.24$8.47$0.77$2.99
2011Summary only. Only limited summary data is available for this year.$0.66$0.49$0.17$3.35$3.10$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.82$0.09$2.44