Civic Intelligence

Odyssey 2020 Academy Inc.

990 • Fiscal year 2020 • EIN 76-0577257

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 16, 2021

Organization Profilewww.odyssey-academy.com
2412 61st StreetGalveston, TX 77551

(409) 750-9289

Siviq Scores

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

Liabilities / Assets

88th percentile

0.84x

Higher debt load relative to assets than 88% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

1.29x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

52nd percentile

5.0%

Higher net margin than 52% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

48th percentile

$167,052

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

62nd percentile

12%

Faster asset growth than 62% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

74th percentile

16%

Faster revenue growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$22,963,087

Up $2,382,179 (+12%) from 2019

Net Assets

Up

$3,580,441

Up $927,806 (+35%) from 2019

Liabilities

Up

$19,382,646

Up $1,454,373 (+8.1%) from 2019

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin52nd percentile

Revenue

Up

$15,020,552

Up $2,095,619 (+16%) from 2019

Expenses

Up

$14,263,029

Up $1,690,085 (+13%) from 2019

Net Income

Up

$757,523

Up $405,534 (+115%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$60M$40M$20M$0Assets 2011: $18,328,707Liabilities 2011: $15,358,557Net Assets 2011: $2,970,1502011Assets 2012: $18,683,497Liabilities 2012: $15,183,307Net Assets 2012: $3,500,1902012Assets 2013: $18,952,449Liabilities 2013: $15,581,435Net Assets 2013: $3,371,0142013Assets 2014: $18,400,018Liabilities 2014: $15,343,363Net Assets 2014: $3,056,6552014Assets 2015: $21,461,605Liabilities 2015: $18,831,163Net Assets 2015: $2,630,4422015Assets 2016: $21,631,302Liabilities 2016: $19,031,215Net Assets 2016: $2,600,0872016Assets 2017: $21,162,168Liabilities 2017: $18,706,345Net Assets 2017: $2,455,8232017Assets 2018: $20,819,179Liabilities 2018: $18,528,671Net Assets 2018: $2,290,5082018Assets 2019: $20,580,908Liabilities 2019: $17,928,273Net Assets 2019: $2,652,6352019Assets 2020: $22,963,087Liabilities 2020: $19,382,646Net Assets 2020: $3,580,4412020Assets 2021: $23,994,459Liabilities 2021: $19,692,254Net Assets 2021: $4,302,2052021Assets 2022: $24,793,135Liabilities 2022: $19,274,631Net Assets 2022: $5,518,5042022Assets 2023: $50,181,036Liabilities 2023: $46,183,588Net Assets 2023: $3,997,4482023Assets 2024: $47,899,876Liabilities 2024: $47,041,778Net Assets 2024: $858,0982024

Highlighted filing

2020

Assets$22,963,087
Liabilities$19,382,646
Net Assets$3,580,441
Open 2020 Filing

Operations Trend

Revenue Growth74th percentile

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

$30M$20M$10M$0-$10MRevenue 2011: $6,424,345Expenses 2011: $6,106,639Net Income 2011: $317,7062011Revenue 2012: $6,768,115Expenses 2012: $6,238,075Net Income 2012: $530,0402012Revenue 2013: $6,560,499Expenses 2013: $6,611,405Net Income 2013: -$50,9062013Revenue 2014: $7,138,690Expenses 2014: $7,384,568Net Income 2014: -$245,8782014Revenue 2015: $7,745,925Expenses 2015: $8,201,808Net Income 2015: -$455,8832015Revenue 2016: $9,910,168Expenses 2016: $10,093,814Net Income 2016: -$183,6462016Revenue 2017: $11,080,196Expenses 2017: $11,224,460Net Income 2017: -$144,2642017Revenue 2018: $11,538,417Expenses 2018: $11,703,732Net Income 2018: -$165,3152018Revenue 2019: $12,924,933Expenses 2019: $12,572,944Net Income 2019: $351,9892019Revenue 2020: $15,020,552Expenses 2020: $14,263,029Net Income 2020: $757,5232020Revenue 2021: $17,751,222Expenses 2021: $17,029,458Net Income 2021: $721,7642021Revenue 2022: $20,967,807Expenses 2022: $19,751,508Net Income 2022: $1,216,2992022Revenue 2023: $19,392,560Expenses 2023: $20,146,106Net Income 2023: -$753,5462023Revenue 2024: $20,281,684Expenses 2024: $23,147,670Net Income 2024: -$2,865,9862024

Highlighted filing

2020

Revenue$15,020,552
Expenses$14,263,029
Net Income$757,523
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 16, 2021
Return Version
2019v5.0
Gross Receipts
$15,020,552
Mission and Program Overview

Mission

Odyssey academy is a public charter school, commissioned by the texas education agency. We educate children in galveston and harris counties, aged 3 years old through high school, with an intentional focus in math, science and technology.

Odyssey Academy is a public Charter School, commissioned by the Texas Education Agency. We educate children in Galveston County, aged 3 years old through high school, with an intentional focus on math, science and technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,125,648$16,516,068▲ $1,390,420
Cash and Non-Interest-Bearing Accounts$1,521,648$1,975,724▲ $454,076
Pledges and Grants Receivable$1,678,206$1,617,755▼ $60,451
Prepaid Expenses and Deferred Charges$31,284$144,495▲ $113,211
Accounts Receivable$11$15,011▲ $15,000
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$20,580,908$22,963,087▲ $2,382,179
Other Assets Total$2,224,111$2,694,034▲ $469,923
Liabilities
Other Liabilities$16,559,656$18,028,789▲ $1,469,133
Accounts Payable and Accrued Expenses$1,368,567$1,353,857▼ $14,710
Deferred Revenue$50--
Total Liabilities$17,928,273$19,382,646▲ $1,454,373
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,652,635$3,576,973▲ $924,338
Net Assets With Donor Restrictions-$3,468-
Total Net Assets Fund Balance$2,652,635$3,580,441▲ $927,806
Total Liabilities and Net Assets / Fund Balance$20,580,908$22,963,087▲ $2,382,179

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,101,391$5,933,219$16,034,610
Land$5,405,000-$5,405,000
Other Land Buildings$1,009,677$1,452,710$2,462,387
Other Assets Org$87,500--
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer GoodmanSuperintendentFT$167,052$167,052
Matthew ShermanBusiness OfcrFT$102,471$102,471

Board Members and Trustees

NameTitle
George W S AbbeyBoard President
Neal G MatlockVice President
Dr Cissy MatthewsBoard Member
Lauren Suderman MilloBoard Member
Robert SimpsonBoard Member
George LiberatoFormer Member
Doug MatthewsSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Puma ConstructionConstruction Svcs727 Hill Rd, Houston, TX 77037$549,594
HEB Grocery Co LPProperty LeasePO Box 4346, Houston, TX 77210$200,525
Jakes IncChild Nutr. Food Vendor13400 Hollister Dr, Houston, TX 77086$199,339
College of the MainlandHS/Dual Credit Courses1200 Amburn Rd, Texas City, TX 77591$159,543
iClean Facility Management ServicesCustodial ServicePO Box 84371, Pearland, TX 77584$150,879
Revenue and Support

Revenue Composition

Contributions and Grants
$14,746,318
Program Service Revenue
$239,928
Investment Income
$34,306
Other Revenue
$0
All Other Contributions
$972,604
Change in Net Assets
$757,523

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,020,552
Total Revenue per Audited Statements
$15,020,552
Total Revenue per Form 990
$15,020,552
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,689,650
Other Expenses$5,573,379
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,818,088$703,398-$7,521,486
Interest-$1,111,242-$1,111,242
Payroll Taxes$817,088$81,553-$898,641
Depreciation Depletion-$766,905-$766,905
All Other Expenses$233,117$329,612-$562,729
Other Expenses$289,383$129,635-$419,018
Occupancy$49,092$319,841-$368,933
Current Officers, Directors, Trustees, and Key Employees$157,924$111,599-$269,523
Insurance-$223,945-$223,945
Travel$72,420$16,977-$89,397
Fees for Services Accounting-$26,535-$26,535
Fees for Services Legal-$21,267-$21,267
Total Functional Expenses$9,850,848$4,412,181$0$14,263,029

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$14,263,029
Total Expenses per Audited Statements$14,263,029
Total Expenses per Form 990$14,263,029
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Education Revenue Bonds$15,986,215
Notes Payable$2,014,706
Loan Payable$27,868

Bond Issues

BondIssuerIssuedIssue PricePurpose
AArlington Higher Ed FC2015-03-12$11,689,558Capital improvements/refunding

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$11,689,558--$233,791

Bond Financing Compliance

Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Line 11B: Form 990 Review Process

“The Academy distributes the 990 at the Board meeting or electronically depending on the timing of the 990 completion.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The Academy conducts an annual survey of Board members, as well as an annual review of the policy.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The superintendent's salary, bonus and performance measures are developed, discussed and approved by the Board of Directors.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The business officer's salary, bonus and performance measures are developed, discussed, and approved by the Board of Directors.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The Academy's governing documents, policies, and financial statements are provided upon request.”

Filing and Contact Details

Filer

Filer Name
Odyssey 2020 Academy Inc dba
EIN
76-0577257
Phone
4097509289
Address
2412 61st Street, Galveston, TX 77551

Signing Officer

Name
Jennifer Goodman
Title
Superintendent
Signed
2021-03-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Goodman
Formed
1999
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
249
Volunteers
30

Preparer

Firm
Belt Harris Pechacek Lllp
Address
3210 BINGLE ROAD SUITE 300, HOUSTON, TX 77055
Preparer
Stephanie E Harris
Phone
7132631123
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

“Restatement for capital assets and related LT liabilities = $170283”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0Superintendent
IRS990/Form990PartVIISectionAGrp/TitleTxt1Business Ofcr
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Former Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
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IRS990/FormationYr01999
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt013773714
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
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IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
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IRS990/IndivRcvdGreaterThan100KCnt02
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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0223945
IRS990/InsuranceGrp/TotalAmt0223945
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt01111242
IRS990/InterestGrp/TotalAmt01111242
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt034306
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt034306
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt042
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07385929
IRS990/LandBldgEquipBasisNetGrp/BOYAmt015125648
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016516068
IRS990/LandBldgEquipCostOrOtherBssAmt023901997
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Odyssey Academy is a public Charter School, commissioned by the Texas Education Agency. We educate children in Galveston County, aged 3 years old through high school, with an intentional focus on math, science and technology.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02652635
IRS990/NetAssetsOrFundBalancesEOYAmt03580441
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02652635
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03576973
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0319841
IRS990/OccupancyGrp/ProgramServicesAmt049092
IRS990/OccupancyGrp/TotalAmt0368933
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02224111
IRS990/OtherAssetsTotalGrp/EOYAmt02694034
IRS990/OtherChangesInNetAssetsAmt0170283
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Contract Labor
IRS990/OtherExpensesGrp/Desc1Food
IRS990/OtherExpensesGrp/Desc2Other Expenses
IRS990/OtherExpensesGrp/Desc3Supplies
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0187603
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1382069
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2129635
IRS990/OtherExpensesGrp/ProgramServicesAmt0668243
IRS990/OtherExpensesGrp/ProgramServicesAmt1657792
IRS990/OtherExpensesGrp/ProgramServicesAmt287701
IRS990/OtherExpensesGrp/ProgramServicesAmt3289383
IRS990/OtherExpensesGrp/TotalAmt0855846
IRS990/OtherExpensesGrp/TotalAmt1657792
IRS990/OtherExpensesGrp/TotalAmt2469770
IRS990/OtherExpensesGrp/TotalAmt3419018
IRS990/OtherLiabilitiesGrp/BOYAmt016559656
IRS990/OtherLiabilitiesGrp/EOYAmt018028789
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0703398
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06818088
IRS990/OtherSalariesAndWagesGrp/TotalAmt07521486
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt081553
IRS990/PayrollTaxesGrp/ProgramServicesAmt0817088
IRS990/PayrollTaxesGrp/TotalAmt0898641
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01678206
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01617755
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031284
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0144495
IRS990/PrincipalOfficerNm0Jennifer Goodman
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0ACE/Summer School/Misc
IRS990/ProgramServiceRevenueGrp/Desc1Co-curricular Activities
IRS990/ProgramServiceRevenueGrp/Desc2Food Services
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0127139
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt123436
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt289353
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0127139
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt123436
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt289353
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012578964
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt039849
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt05124220
IRS990/PYProgramServiceRevenueAmt0306120
IRS990/PYRevenuesLessExpensesAmt0351989
IRS990/PYSalariesCompEmpBnftPaidAmt07448724
IRS990/PYTotalExpensesAmt012572944
IRS990/PYTotalRevenueAmt012924933
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0757523
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt014986216
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt010101391
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05933219
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016034610
IRS990ScheduleD/ExpensesSubtotalAmt014263029
IRS990ScheduleD/LandGrp/BookValueAmt05405000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05405000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt088195
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12518339
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt287500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Restricted Cash-Debt Service
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Restricted Cash-Future Debt Service
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Security Deposits
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01009677
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01452710
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02462387
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015986215
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt127868
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22014706
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Education Revenue Bonds
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Loan Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Notes Payable
IRS990ScheduleD/RevenueSubtotalAmt015020552
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016516068
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02694034
IRS990ScheduleD/TotalExpensesPerForm990Amt014263029
IRS990ScheduleD/TotalLiabilityAmt018028789
IRS990ScheduleD/TotalRevenuePerForm990Amt015020552
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015020552
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt014263029
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,963,087
Liabilities
$19,382,646
Net assets
$3,580,441
Revenue
$15,020,552
Expenses
$14,263,029
Net income
$757,523
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$47.9$47.0$0.86$20.3$23.1$2.87
2023Detailed filing. Detailed filing data is available for this year.$50.2$46.2$4.00$19.4$20.1$0.75
2022Detailed filing. Detailed filing data is available for this year.$24.8$19.3$5.52$21.0$19.8$1.22
2021Detailed filing. Detailed filing data is available for this year.$24.0$19.7$4.30$17.8$17.0$0.72
2020Detailed filing. Detailed filing data is available for this year.$23.0$19.4$3.58$15.0$14.3$0.76
2019Summary only. Only limited summary data is available for this year.$20.6$17.9$2.65$12.9$12.6$0.35
2018Summary only. Only limited summary data is available for this year.$20.8$18.5$2.29$11.5$11.7$0.17
2017Summary only. Only limited summary data is available for this year.$21.2$18.7$2.46$11.1$11.2$0.14
2016Summary only. Only limited summary data is available for this year.$21.6$19.0$2.60$9.91$10.1$0.18
2015Summary only. Only limited summary data is available for this year.$21.5$18.8$2.63$7.75$8.20$0.46
2014Summary only. Only limited summary data is available for this year.$18.4$15.3$3.06$7.14$7.38$0.25
2013Summary only. Only limited summary data is available for this year.$19.0$15.6$3.37$6.56$6.61$0.05
2012Summary only. Only limited summary data is available for this year.$18.7$15.2$3.50$6.77$6.24$0.53
2011Summary only. Only limited summary data is available for this year.$18.3$15.4$2.97$6.42$6.11$0.32