Form 990, Part VI, Section A, line 2
“Dr. James cotton, board president, is married to norma cotton, executive director of the school.”
Scores are not available for this record yet.
Assets
Flat$44,109,305
Flat from 2017
Net Assets
Flat$5,443,415
Flat from 2017
Liabilities
Flat$38,665,890
Flat from 2017
Revenue
Flat$13,015,482
Flat from 2017
Expenses
Flat$11,308,711
Flat from 2017
Net Income
Flat$1,706,771
Flat from 2017
To provide a superior academic program enhanced by training in performing arts and a technologically advanced curriculum.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $26,842,722 | $41,688,296 | ▲ $14,845,574 |
| Cash and Non-Interest-Bearing Accounts | $791,516 | $1,157,765 | ▲ $366,249 |
| Accounts Receivable | $564,381 | $842,576 | ▲ $278,195 |
| Total Assets | $28,510,205 | $44,109,305 | ▲ $15,599,100 |
| Other Assets Total | $311,586 | $420,668 | ▲ $109,082 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $24,374,807 | $37,108,521 | ▲ $12,733,714 |
| Accounts Payable and Accrued Expenses | $235,427 | $1,391,946 | ▲ $1,156,519 |
| Other Liabilities | $163,327 | $165,423 | ▲ $2,096 |
| Total Liabilities | $24,773,561 | $38,665,890 | ▲ $13,892,329 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $3,736,644 | $5,443,415 | ▲ $1,706,771 |
| Total Net Assets Fund Balance | $3,736,644 | $5,443,415 | ▲ $1,706,771 |
| Total Liabilities and Net Assets / Fund Balance | $28,510,205 | $44,109,305 | ▲ $15,599,100 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $37,268,085 | $3,271,561 | $40,539,646 |
| Land | $4,388,639 | - | $4,388,639 |
| Equipment | $31,572 | $292,292 | $323,864 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Norma Cotton | Executive Director | FT | $107,163 | $107,163 |
| Name | Title |
|---|---|
| Dr James Cotton | Board President |
| Vance Hendrix | Vice President |
| Chris Moore | Board Member |
| Frank Ward | Board Member |
| Susan Ellsworth | Board Member |
| Mary Irwin | Secretary |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Rlm General Contractors | Construction | 315 ENTERPRISE STREET, Longview, TX 75604 | $4,829,366 |
| Wrl General Contractors | Construction | 10858 FM 346, Flint, TX 75762 | $2,443,033 |
| Labatt Food Service | Food Service | 4500 INDUSTRY PARK DRIVE PO BOX, San Antonio, TX 78291-0137 | $181,650 |
| Constellation Energy | Electricity | 100 CONSTELLATION WAY SUITE 500, Baltimore, MD 21202-6302 | $122,772 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $7,230,574 |
| Other Expenses | $4,078,137 |
| Total Fundraising Expense | $1,470 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $6,420,878 | $82,846 | - | $6,503,724 |
| Interest | - | $982,223 | - | $982,223 |
| Depreciation Depletion | $915,319 | - | - | $915,319 |
| All Other Expenses | $383,540 | $138,408 | - | $521,948 |
| Other Employee Benefits | $460,811 | $8,030 | - | $468,841 |
| Other Expenses | $71,303 | $87,806 | $345 | $159,454 |
| Payroll Taxes | $147,149 | $3,697 | - | $150,846 |
| Current Officers, Directors, Trustees, and Key Employees | $42 | $107,121 | - | $107,163 |
| Fees for Services Legal | - | $70,835 | - | $70,835 |
| Insurance | $63,438 | - | - | $63,438 |
| Occupancy | $34,612 | $6,715 | - | $41,327 |
| Travel | $23,925 | $206 | - | $24,131 |
| Fees for Services Accounting | - | $18,100 | - | $18,100 |
| Total Functional Expenses | $9,751,613 | $1,555,628 | $1,470 | $11,308,711 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $11,308,711 |
| Total Expenses per Audited Statements | $11,308,711 |
| Total Expenses per Form 990 | $11,308,711 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Interest Payable | $90,813 |
| Due to Student Groups | $74,610 |
“Dr. James cotton, board president, is married to norma cotton, executive director of the school.”
“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.”
“Cumberland academy makes its 990 available to the public upon request.”
“Cumberland academy makes its governing documents and financial statements available to the public upon request.”
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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|---|---|---|
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| IRS990/PYContributionsGrantsAmt | 0 | 501 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 3552 |
| IRS990/PYOtherExpensesAmt | 0 | 3427801 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 10224791 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 854368 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 5946675 |
| IRS990/PYTotalExpensesAmt | 0 | 9374476 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 10228844 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1706771 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 0 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 13011713 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 37268085 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 3271561 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 40539646 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 31572 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 292292 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 323864 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 11308711 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 4388639 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 4388639 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 90813 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 74610 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | INTEREST PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DUE TO STUDENT GROUPS |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 13015482 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 41688296 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 11308711 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 165423 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 13015482 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 13015482 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 11308711 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 1 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | NEWSPAPER ADVERTISEMENTS, ANNOUNCEMENTS, POLICY STATEMENT IN HANDBOOK |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | CUMBERLAND 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/FormAndLineReferenceDesc | 0 | Schedule E, Part I, Line 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule E, Part I, Line 6 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DR. JAMES COTTON, BOARD PRESIDENT, IS MARRIED TO NORMA COTTON, EXECUTIVE DIRECTOR OF THE SCHOOL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CUMBERLAND ACADEMY MAKES ITS 990 AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CUMBERLAND ACADEMY MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section C, line 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | CUMBERLAND ACADEMY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | CUMBERLAND LEADERSHIP ACADEMY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 841422879 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | TX |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | DAYCARE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 1340 SHILOH ROAD |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | TYLER |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 75703 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 1 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt | 0 | 3736644 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 5443415 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 28510205 |
| IRS990/TotalAssetsEOYAmt | 0 | 44109305 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 28510205 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 44109305 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 3769 |
| IRS990/TotalEmployeeCnt | 0 | 260 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 1470 |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.