Civic Intelligence

The Summit Preparatory School of Southwest Missouri

990 • Fiscal year 2019 • EIN 75-3166533

Aug 01, 2018 to Jul 31, 2019 • Filed on Jan 31, 2019

Organization ProfileWWW.THESUMMITPREP.ORG

View Organization Page

202 E Walnut LawnSpringfield, MO 65807

(417) 869-8077

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.99x

Higher debt load relative to assets than 92% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

90th percentile

1.72x

Higher debt load relative to revenue than 90% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

49th percentile

2.7%

Higher net margin than 49% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

48th percentile

$57,417

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

58th percentile

6.0%

Faster asset growth than 58% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

21st percentile

-11%

Faster revenue growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$3,557,660

Up $200,674 (+6.0%) from 2018

Net Assets

Up

$25,392

Up $55,820 (+183%) from 2018

Liabilities

Up

$3,532,268

Up $144,854 (+4.3%) from 2018

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin49th percentile

Revenue

Down

$2,051,757

Down $253,136 (-11%) from 2018

Expenses

Up

$1,995,938

Up $31,784 (+1.6%) from 2018

Net Income

Down

$55,819

Down $284,920 (-84%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $25,680Liabilities 2010: $549,280Net Assets 2010: -$523,6002010Assets 2011: $198,618Liabilities 2011: $755,644Net Assets 2011: -$557,0262011Assets 2012: $412,947Liabilities 2012: $568,599Net Assets 2012: -$155,6522012Assets 2013: $834,560Liabilities 2013: $399,074Net Assets 2013: $435,4862013Assets 2014: $719,576Liabilities 2014: $273,798Net Assets 2014: $445,7782014Assets 2015: $545,928Liabilities 2015: $248,085Net Assets 2015: $297,8432015Assets 2016: $502,257Liabilities 2016: $847,873Net Assets 2016: -$345,6162016Assets 2017: $318,802Liabilities 2017: $690,098Net Assets 2017: -$371,2962017Assets 2018: $3,356,986Liabilities 2018: $3,387,414Net Assets 2018: -$30,4282018Assets 2019: $3,557,660Liabilities 2019: $3,532,268Net Assets 2019: $25,3922019Assets 2020: $3,801,031Liabilities 2020: $3,603,587Net Assets 2020: $197,4442020Assets 2021: $4,235,944Liabilities 2021: $3,767,801Net Assets 2021: $468,1432021Assets 2022: $4,298,326Liabilities 2022: $3,620,119Net Assets 2022: $678,2072022Assets 2023: $4,199,182Liabilities 2023: $3,715,392Net Assets 2023: $483,7902023Assets 2024: $4,371,551Liabilities 2024: $3,787,674Net Assets 2024: $583,8772024

Highlighted filing

2019

Assets$3,557,660
Liabilities$3,532,268
Net Assets$25,392
Open 2019 Filing

Operations Trend

Revenue Growth21st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,221,1352010Expenses 2011: $1,654,9392011Revenue 2012: $1,707,896Expenses 2012: $1,299,421Net Income 2012: $408,4752012Revenue 2013: $1,956,515Expenses 2013: $1,365,377Net Income 2013: $591,1382013Revenue 2014: $1,560,987Expenses 2014: $1,550,695Net Income 2014: $10,2922014Revenue 2015: $1,416,182Expenses 2015: $1,564,113Net Income 2015: -$147,9312015Revenue 2016: $1,487,019Expenses 2016: $1,649,370Net Income 2016: -$162,3512016Revenue 2017: $1,793,143Expenses 2017: $1,836,603Net Income 2017: -$43,4602017Revenue 2018: $2,304,893Expenses 2018: $1,964,154Net Income 2018: $340,7392018Revenue 2019: $2,051,757Expenses 2019: $1,995,938Net Income 2019: $55,8192019Revenue 2020: $2,048,116Expenses 2020: $1,875,612Net Income 2020: $172,5042020Revenue 2021: $2,230,104Expenses 2021: $1,959,920Net Income 2021: $270,1842021Revenue 2022: $2,229,533Expenses 2022: $2,019,036Net Income 2022: $210,4972022Revenue 2023: $2,123,120Expenses 2023: $2,317,537Net Income 2023: -$194,4172023Revenue 2024: $2,649,823Expenses 2024: $2,549,628Net Income 2024: $100,1952024

Highlighted filing

2019

Revenue$2,051,757
Expenses$1,995,938
Net Income$55,819
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2018 to Jul 31, 2019
Signed
Jan 31, 2019
Return Version
2018v3.2
Gross Receipts
$2,090,391
Mission and Program Overview

Mission

To prepare learners for success by providing a progressive education in a uniquely challenging and supportive environment and inspire life-long learners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,124,982$3,262,833▲ $137,851
Cash and Non-Interest-Bearing Accounts$134,880$223,793▲ $88,913
Loans From Officers Directors$112,359$71,503▼ $40,856
Accounts Receivable$55,291$41,627▼ $13,664
Prepaid Expenses and Deferred Charges$30,713$18,363▼ $12,350
Inventories for Sale or Use$5,844$5,341▼ $503
Investments in Publicly Traded Securities$3,347$3,411▲ $64
Total Assets$3,356,986$3,557,660▲ $200,674
Other Assets Total$1,929$2,292▲ $363
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,612,173$2,685,241▲ $73,068
Deferred Revenue$610,671$647,939▲ $37,268
Other Liabilities$35,779$118,439▲ $82,660
Accounts Payable and Accrued Expenses$16,432$9,146▼ $7,286
Total Liabilities$3,387,414$3,532,268▲ $144,854
Net Assets / Fund Balance
Temporarily Rstr Net Assets$58,067$21,270▼ $36,797
Permanently Rstr Net Assets$3,347$3,411▲ $64
Unrestricted Net Assets$-91,842$711▲ $92,553
Total Net Assets Fund Balance$-30,428$25,392▲ $55,820
Total Liabilities and Net Assets / Fund Balance$3,356,986$3,557,660▲ $200,674

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,188,691$96,785-
Equipment$74,142$125,733-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$3,347-▲ $97-$3,411
2017$3,154-▲ $226-$3,347
2016$2,905-▲ $279-$3,154
2015$2,908---$2,905
2014$3,292-▼ $33$325$2,905
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Katie HeetHead of SchoFT$57,417$57,417
Kristin WalkerHead of OperFT$37,000$37,000

Board Members and Trustees

NameTitle
Mark SharpPresident
Caleb JohnsonMember
Jennifer NewmanMember
Judy ThompsonMember
Anne MasonPast Preside
Melissa GelnerSecretary
Veronica RichardsonSpo Presiden
Brian ScroggsTreasurer
Susan MirantiVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$272,365
Program Service Revenue
$1,712,123
Investment Income
$130
Other Revenue
$67,139
All Other Contributions
$246,455
Change in Net Assets
$55,819

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,641,426
Revenue Not Reported on Financial Statements
$410,331
Revenue Not Reported on Form 990
$38,633
Other Revenue Adjustments
$410,331
Total Revenue per Audited Statements
$1,680,059
Total Revenue per Form 990
$2,051,757
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,073,994
Other Expenses$511,613
Grants and Similar Amounts Paid$410,331
Total Fundraising Expense$63,024
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$622,097$140,589$47,123$809,809
Grants to Domestic Individuals$410,331--$410,331
Interest$141,201$6,074$3,838$151,113
Occupancy$88,665$15,911$1,876$106,452
Depreciation Depletion$96,488$1,690$199$98,377
Current Officers, Directors, Trustees, and Key Employees-$94,417-$94,417
Other Employee Benefits$63,792$24,098$4,833$92,723
Payroll Taxes$46,239$17,467$3,503$67,209
Insurance$19,276$338$40$19,654
Travel-$10,941-$10,941
Office Expenses-$9,518$1,099$10,617
Pension Plan Contributions$6,767$2,556$513$9,836
Fees for Services Accounting-$8,950-$8,950
Other Expenses$62,354$7,584-$7,584
All Other Expenses-$5,787-$5,787
Advertising-$5,766-$5,766
Fees for Services Other-$1,500-$1,500
Information Technology-$396-$396
Total Functional Expenses$1,557,210$375,704$63,024$1,995,938

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,995,938
Total Expenses per Audited Statements$1,624,239
Expenses per Audited Statements$1,585,607
Expenses Not Reported on Financial Statements$410,331
Other Expense Adjustments$410,331
Expenses Not Reported on Form 990$38,632
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$100,801
Fundraising Direct Expenses$38,634
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$54,447$28,537$1,347$27,190
Total Events$54,447$28,537$12,360$16,177
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$112,359$71,503▼ $40,856
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long Term Pledge Payable$82,113
Payroll Liabilities$21,227
Accrued Sick Leave$10,092
Customer Credits$5,007
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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, Page 6, Part VI, Line 11B

“The form 990 is prepared by an independent accounting firm based on the financial statements and information provided by the accounting department of the organization. The head of school then reviews the form 990 along with board members before filing.”

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

“Conflicts of interest are required to be disclosed immediately in addition to the requirement of the conflict of interest forms being signed annually.”

Form 990, Page 6, Part VI, Line 19

“Governing documents and financial statements are available to be viewed upon written request.”

Filing and Contact Details

Filer

Filer Name
The Summit Preparatory School of
EIN
75-3166533
Phone
4178698077
Address
202 E WALNUT LAWN, SPRINGFIELD, MO 65807

Signing Officer

Name
Katie Heet
Title
Head of School
Phone
4178698077
Signed
2019-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katie Heet
Formed
2004
Voting Board Members
8
Independent Board Members
8
Employees
35
Volunteers
40

Preparer

Firm
Elliott Robinson and Company Llp
Address
2305 S BLACKMAN RD STE D, SPRINGFIELD, MO 65809-2809
Preparer
Amanda J Kastler
Phone
4178870585
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Fundraising expenses 38,634 scholarships and discounts -410,331 rounding 2 fundraising expenses -38,634 scholarships and discounts 410,331 total 2”

Financial Statement Notes

Schedule D, Page 3, Part X

“The school is a not-for-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code and classified by the internal revenue service as other than a private foundation. The school has evaluated its tax positions for all open tax years. Currently, the tax years open and subject to the internal revenue service are the tax years ending july 31, 2017, 2018 and 2019. However, the school is not currently under audit nor has the school been contacted by any jurisdiction. Based on the evaluation of the school's tax positions, management believes all tax positions taken would be upheld under examination. Therefore, no provision for the effects of uncertain tax positions have been recorded for the year ending july 31, 2019.”

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

“Fundraising expenses 38,634”

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

“Scholarships and discounts 410,331”

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

“Rounding -2 fundraising expenses 38,634”

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

“Scholarships and discounts 410,331”

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IRS990/Desc0OUR SCHOOL IS UNMATCHED BY ANY SCHOOL IN OUR AREA BY PROVIDING AN INTEGRATED AND TAILORED CURRICULUM, A STANDARD OF SMALL CLASSES (18:1), AND PRESENTS DEEPER-LEARNING OPPORTUNITIES FOR OUR STUDENTS. OUR PROGRAM IS DESIGNED TO CHALLENGE OUR EAGER, ABLE STUDENTS, AND TO DEVELOP THEIR SKILLS AND TALENTS TO THEIR FULLEST POTENTIAL. THIS YEAR, OUR SCHOOL SERVED 168 STUDENTS, CONSISTING OF THREE YEAR-OLDS THROUGH TWELFTH GRADE.
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IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt041
IRS990/GrossReceiptsAmt02090391
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0396
IRS990/InformationTechnologyGrp/TotalAmt0396
IRS990/InsuranceGrp/FundraisingAmt040
IRS990/InsuranceGrp/ManagementAndGeneralAmt0338
IRS990/InsuranceGrp/ProgramServicesAmt019276
IRS990/InsuranceGrp/TotalAmt019654
IRS990/InterestGrp/FundraisingAmt03838
IRS990/InterestGrp/ManagementAndGeneralAmt06074
IRS990/InterestGrp/ProgramServicesAmt0141201
IRS990/InterestGrp/TotalAmt0151113
IRS990/InventoriesForSaleOrUseGrp/BOYAmt05844
IRS990/InventoriesForSaleOrUseGrp/EOYAmt05341
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt089
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt089
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03347
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03411
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0222518
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03124982
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03262833
IRS990/LandBldgEquipCostOrOtherBssAmt03485351
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0112359
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt071503
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PREPARE LEARNERS FOR SUCCESS BY PROVIDING A PROGRESSIVE EDUCATION IN A UNIQUELY CHALLENGING AND SUPPORTIVE ENVIRONMENT AND INSPIRE LIFE-LONG LEARNERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02612173
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02685241
IRS990/NetAssetsOrFundBalancesBOYAmt0-30428
IRS990/NetAssetsOrFundBalancesEOYAmt025392
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt041
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt041
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt062167
IRS990/NetUnrlzdGainsLossesInvstAmt0-1
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01876
IRS990/OccupancyGrp/ManagementAndGeneralAmt015911
IRS990/OccupancyGrp/ProgramServicesAmt088665
IRS990/OccupancyGrp/TotalAmt0106452
IRS990/OfficeExpensesGrp/FundraisingAmt01099
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09518
IRS990/OfficeExpensesGrp/TotalAmt010617
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01929
IRS990/OtherAssetsTotalGrp/EOYAmt02292
IRS990/OtherChangesInNetAssetsAmt02
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04833
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024098
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt063792
IRS990/OtherEmployeeBenefitsGrp/TotalAmt092723
IRS990/OtherExpensesGrp/Desc0INSTRUCTION EXPENSES
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2ACCREDITATION
IRS990/OtherExpensesGrp/Desc3DUES AND SUBCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011497
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110625
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27584
IRS990/OtherExpensesGrp/ProgramServicesAmt062354
IRS990/OtherExpensesGrp/TotalAmt062354
IRS990/OtherExpensesGrp/TotalAmt111497
IRS990/OtherExpensesGrp/TotalAmt210625
IRS990/OtherExpensesGrp/TotalAmt37584
IRS990/OtherLiabilitiesGrp/BOYAmt035779
IRS990/OtherLiabilitiesGrp/EOYAmt0118439
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04972
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04972
IRS990/OtherRevenueTotalAmt04972
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt047123
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0140589
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0622097
IRS990/OtherSalariesAndWagesGrp/TotalAmt0809809
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03503
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017467
IRS990/PayrollTaxesGrp/ProgramServicesAmt046239
IRS990/PayrollTaxesGrp/TotalAmt067209
IRS990/PensionPlanContributionsGrp/FundraisingAmt0513
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02556
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06767
IRS990/PensionPlanContributionsGrp/TotalAmt09836
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03347
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03411
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt030713
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018363
IRS990/PrincipalOfficerNm0KATIE HEET
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01712123
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01712123
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0703251
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0372663
IRS990/PYInvestmentIncomeAmt0-3178
IRS990/PYOtherExpensesAmt0564852
IRS990/PYOtherRevenueAmt081669
IRS990/PYProgramServiceRevenueAmt01523151
IRS990/PYRevenuesLessExpensesAmt0340739
IRS990/PYSalariesCompEmpBnftPaidAmt01026639
IRS990/PYTotalExpensesAmt01964154
IRS990/PYTotalRevenueAmt02304893
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt055819
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01712123
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03188691
IRS990ScheduleD/BuildingsGrp/DepreciationAmt096785
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03285476
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt033
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03347
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03411
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt097
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt033
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03154
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03347
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0226
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt030
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02905
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03154
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0279
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02908
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02905
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt029
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03292
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02905
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-33
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0325
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt074142
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0125733
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0199875
IRS990ScheduleD/ExpensesNotReportedAmt038632
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0410331
IRS990ScheduleD/ExpensesSubtotalAmt01585607
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1
IRS990ScheduleD/OtherExpensesIncludedAmt038632
IRS990ScheduleD/OtherExpensesNotIncludedAmt0410331
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt082113
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt121227
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt210092
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt35007
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LONG TERM PLEDGE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED SICK LEAVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CUSTOMER CREDITS
IRS990ScheduleD/OtherRevenueAmt038634
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0410331
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt038633
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0410331
IRS990ScheduleD/RevenueSubtotalAmt01641426
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE SCHOOL HAS EVALUATED ITS TAX POSITIONS FOR ALL OPEN TAX YEARS. CURRENTLY, THE TAX YEARS OPEN AND SUBJECT TO THE INTERNAL REVENUE SERVICE ARE THE TAX YEARS ENDING JULY 31, 2017, 2018 AND 2019. HOWEVER, THE SCHOOL IS NOT CURRENTLY UNDER AUDIT NOR HAS THE SCHOOL BEEN CONTACTED BY ANY JURISDICTION. BASED ON THE EVALUATION OF THE SCHOOL'S TAX POSITIONS, MANAGEMENT BELIEVES ALL TAX POSITIONS TAKEN WOULD BE UPHELD UNDER EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAVE BEEN RECORDED FOR THE YEAR ENDING JULY 31, 2019.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 38,634
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SCHOLARSHIPS AND DISCOUNTS 410,331
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3ROUNDING -2 FUNDRAISING EXPENSES 38,634
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4SCHOLARSHIPS AND DISCOUNTS 410,331
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03262833
IRS990ScheduleD/TotalExpensesPerForm990Amt01995938
IRS990ScheduleD/TotalLiabilityAmt0118439
IRS990ScheduleD/TotalRevenuePerForm990Amt02051757
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01680059
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01624239
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,557,660
Liabilities
$3,532,268
Net assets
$25,392
Revenue
$2,051,757
Expenses
$1,995,938
Net income
$55,819
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.37$3.79$0.58$2.65$2.55$0.10
2023Detailed filing. Detailed filing data is available for this year.$4.20$3.72$0.48$2.12$2.32$0.19
2022Detailed filing. Detailed filing data is available for this year.$4.30$3.62$0.68$2.23$2.02$0.21
2021Detailed filing. Detailed filing data is available for this year.$4.24$3.77$0.47$2.23$1.96$0.27
2020Detailed filing. Detailed filing data is available for this year.$3.80$3.60$0.20$2.05$1.88$0.17
2019Detailed filing. Detailed filing data is available for this year.$3.56$3.53$0.03$2.05$2.00$0.06
2018Detailed filing. Detailed filing data is available for this year.$3.36$3.39$0.03$2.30$1.96$0.34
2017Detailed filing. Detailed filing data is available for this year.$0.32$0.69$0.37$1.79$1.84$0.04
2016Summary only. Only limited summary data is available for this year.$0.50$0.85$0.35$1.49$1.65$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.55$0.25$0.30$1.42$1.56$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.72$0.27$0.45$1.56$1.55$0.01
2013Summary only. Only limited summary data is available for this year.$0.83$0.40$0.44$1.96$1.37$0.59
2012Summary only. Only limited summary data is available for this year.$0.41$0.57$0.16$1.71$1.30$0.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.76$0.56$1.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.55$0.52$1.22