Civic Intelligence

Live Oak Classical School Inc.

990 • Fiscal year 2016 • EIN 77-0616274

Jul 01, 2015 to Jun 30, 2016 • Filed on May 01, 2017

Organization ProfileLIVEOAKCLASSICAL.COM

View Organization Page

P O Box 647Waco, TX 76703

(254) 714-1007

Siviq Scores

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

Liabilities / Assets

81st percentile

0.65x

Higher debt load relative to assets than 81% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

82nd percentile

1.16x

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

85th percentile

29%

Higher net margin than 85% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

24th percentile

$54,500

Higher top officer pay than 24% of similar nonprofits.

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

98th percentile

160%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

85th percentile

31%

Faster revenue growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$8,445,669

Up $5,197,087 (+160%) from 2015

Net Assets

Up

$2,939,626

Up $1,357,729 (+86%) from 2015

Liabilities

Up

$5,506,043

Up $3,839,358 (+230%) from 2015

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin85th percentile

Revenue

Up

$4,744,384

Up $1,127,983 (+31%) from 2015

Expenses

Up

$3,386,655

Up $385,461 (+13%) from 2015

Net Income

Up

$1,357,729

Up $742,522 (+121%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$10M$5.0M$0-$5.0M-$10MAssets 2011: $1,500,698Liabilities 2011: $831,887Net Assets 2011: $668,8112011Assets 2012: $2,040,948Liabilities 2012: $1,143,287Net Assets 2012: $897,6612012Assets 2013: $1,954,790Liabilities 2013: $1,038,352Net Assets 2013: $916,4382013Assets 2014: $2,685,037Liabilities 2014: $1,718,347Net Assets 2014: $966,6902014Assets 2015: $3,248,582Liabilities 2015: $1,666,685Net Assets 2015: $1,581,8972015Assets 2016: $8,445,669Liabilities 2016: $5,506,043Net Assets 2016: $2,939,6262016Assets 2017: $1,668,743Liabilities 2017: $744,345Net Assets 2017: $924,3982017Assets 2018: $1,455,008Liabilities 2018: $478,140Net Assets 2018: $976,8682018Assets 2019: $1,485,466Liabilities 2019: $585,862Net Assets 2019: $899,6042019Assets 2020: $2,335,178Liabilities 2020: $1,551,993Net Assets 2020: $783,1852020Assets 2021: $1,265,858Liabilities 2021: $1,258,061Net Assets 2021: $7,7972021Assets 2022: $1,708,715Liabilities 2022: $6,171,232Net Assets 2022: -$4,462,5172022Assets 2023: $1,107,848Liabilities 2023: $6,145,779Net Assets 2023: -$5,037,9312023Assets 2024: $1,134,588Liabilities 2024: $5,869,054Net Assets 2024: -$4,734,4662024

Highlighted filing

2016

Assets$8,445,669
Liabilities$5,506,043
Net Assets$2,939,626
Open 2016 Filing

Operations Trend

Revenue Growth85th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,956,083Expenses 2011: $1,663,616Net Income 2011: $292,4672011Revenue 2012: $2,374,516Expenses 2012: $2,145,665Net Income 2012: $228,8512012Revenue 2013: $2,376,264Expenses 2013: $2,362,132Net Income 2013: $14,1322013Revenue 2014: $2,816,287Expenses 2014: $2,766,035Net Income 2014: $50,2522014Revenue 2015: $3,616,401Expenses 2015: $3,001,194Net Income 2015: $615,2072015Revenue 2016: $4,744,384Expenses 2016: $3,386,655Net Income 2016: $1,357,7292016Revenue 2017: $4,912,851Expenses 2017: $4,136,404Net Income 2017: $776,4472017Revenue 2018: $4,643,516Expenses 2018: $4,311,085Net Income 2018: $332,4312018Revenue 2019: $4,367,522Expenses 2019: $4,345,237Net Income 2019: $22,2852019Revenue 2020: $4,534,185Expenses 2020: $4,488,411Net Income 2020: $45,7742020Revenue 2021: $4,570,478Expenses 2021: $4,454,016Net Income 2021: $116,4622021Revenue 2022: $4,931,132Expenses 2022: $5,078,069Net Income 2022: -$146,9372022Revenue 2023: $5,310,095Expenses 2023: $5,894,013Net Income 2023: -$583,9182023Revenue 2024: $6,186,863Expenses 2024: $6,243,945Net Income 2024: -$57,0822024

Highlighted filing

2016

Revenue$4,744,384
Expenses$3,386,655
Net Income$1,357,729
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 1, 2017
Return Version
2015v3.0
Gross Receipts
$4,781,652
Mission and Program Overview

Mission

Live oak classical school strives to equip students to love god with all their hearts, souls and minds. We draw on the classical tools of learning to prepare students to reason clearly, communicate effectively,& act responsibily in the world,all for the glory of god.

Live oak classical school strives to equip students to love god with all their hearts, souls and minds. We draw on the classical tools of learning to prepare students to reason clearly, communicate effectively, & act responsibily in the world, all for the glory of god.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,358,922$7,758,707▲ $5,399,785
Savings and Temporary Cash Investments$648,469$377,195▼ $271,274
Cash and Non-Interest-Bearing Accounts$171,461$155,275▼ $16,186
Accounts Receivable$37,865$111,932▲ $74,067
Prepaid Expenses and Deferred Charges$23,038$33,500▲ $10,462
Inventories for Sale or Use$8,827$9,060▲ $233
Total Assets$3,248,582$8,445,669▲ $5,197,087
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,370,500$5,168,684▲ $3,798,184
Deferred Revenue$245,713$294,305▲ $48,592
Accounts Payable and Accrued Expenses$50,472$43,054▼ $7,418
Total Liabilities$1,666,685$5,506,043▲ $3,839,358
Net Assets / Fund Balance
Unrestricted Net Assets$88,874$1,317,766▲ $1,228,892
Permanently Rstr Net Assets$929,624$929,624→ $0
Temporarily Rstr Net Assets$563,399$692,236▲ $128,837
Total Net Assets Fund Balance$1,581,897$2,939,626▲ $1,357,729
Total Liabilities and Net Assets / Fund Balance$3,248,582$8,445,669▲ $5,197,087

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,271,319$315,098$6,586,417
Land$1,294,000-$1,294,000
Equipment$193,388$160,834$354,222
Compensation and Service Providers
Top Officer Pay24th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alison MoffatHead of School,non-votingFT$50,000$4,500$54,500
Sheryl GroppeCFO, Non-votingFT$48,000$4,500$52,500

Board Members and Trustees

NameTitle
Dennis TuckerPast President
Jeremy CounsellerPresident
Marcus BrooksVice-president
Donna ManitzasBoard Member
Holly HelmerBoard Member
Jeff WallaceBoard Member
Jennifer DailyBoard Member
Julie KeithBoard Member
Mona ChoucairBoard Member
Chris HolmesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,367,523
Program Service Revenue
$3,245,283
Investment Income
$1,262
Other Revenue
$130,316
All Other Contributions
$1,336,578
Change in Net Assets
$1,357,729

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,744,384
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$37,268
Total Revenue per Audited Statements
$4,781,652
Total Revenue per Form 990
$4,744,384
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,228,051
Other Expenses$878,426
Grants and Similar Amounts Paid$280,178
Total Fundraising Expense$44,470
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,671,158$33,000$36,780$1,740,938
Grants to Domestic Individuals$280,178--$280,178
Occupancy$223,799--$223,799
Other Employee Benefits$203,865$9,000$4,530$217,395
Depreciation Depletion$193,191--$193,191
Payroll Taxes$148,159$11,399$3,160$162,718
Interest$133,897--$133,897
Current Officers, Directors, Trustees, and Key Employees-$107,000-$107,000
Office Expenses$1,812$40,033-$41,845
Other Expenses$24,668--$24,668
Advertising-$17,729-$17,729
Information Technology-$14,434-$14,434
Travel$11,974--$11,974
Fees for Services Accounting-$10,970-$10,970
Conferences and Meetings$5,169$168-$5,337
Fees for Services Other$450--$450
Total Functional Expenses$3,098,452$243,733$44,470$3,386,655

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,423,923
Expenses per Audited Statements$3,386,655
Total Expenses per Form 990$3,386,655
Expenses Not Reported on Form 990$37,268
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$112,867
Fundraising Direct Expenses$13,720
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$143,812$112,867$4,613$108,254
Total Events$143,812$112,867$13,720$99,147
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“A copy of the 990 was provided to each board member prior to filing. After review, the finance committee recommended to the full board that the return be approved and that the cfo be instructed to sign and file the return.”

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

“Annual affirmation of the policy is individually signed by each board member and key staff”

Form 990, Part VI, Section B, Line 15

“Annual written reviews of all educators and key staff are reviewed by the head of school and reported to the board. All salary and benefits are approved by the finance committee and full board during the budgeting process.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Live Oak Classical School
EIN
77-0616274
Phone
2547141007
Address
P O BOX 647, WACO, TX 76703

Signing Officer

Name
Alison Moffatt
Title
Head of School
Phone
2547141007
Signed
2017-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alison Moffatt
Formed
2003
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
132
Volunteers
477

Preparer

Firm
Pattillo Brown & Hill Llp
Address
P O BOX 20725, WACO, TX 76702-0725
Preparer
Sharon M Herwald CPA
Phone
2547724901
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization was granted tax-exempt status under section 501(c)(3) of the internal revenue code. Therefore, no provision for income taxes has been made in these financial statements. The organization has been classified as a publicly supported organization, which is not a private foundation under section 509(a)(1) and 170(b)(1)(a)(vi) of the code. The organization's tax returns are generally no longer subject to examination by the internal revenue service for years before 2013.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses not offset against revenue on audit 13,720. Cogs not offset against revenue on audit 23,548.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses not offset against revenue on audit 13,720. Cogs not offset against revenue on audit 23,548.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0LIVE OAK CLASSICAL SCHOOL STRIVES TO EQUIP STUDENTS TO LOVE GOD WITH ALL THEIR HEARTS, SOULS AND MINDS. WE DRAW ON THE CLASSICAL TOOLS OF LEARNING TO PREPARE STUDENTS TO REASON CLEARLY, COMMUNICATE EFFECTIVELY, & ACT RESPONSIBILY IN THE WORLD, ALL FOR THE GLORY OF GOD.
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IRS990/Desc0TO PROVIDE A CHRISTIAN AND CLASSICAL EDUCATION FOR CHILDREN IN GRADES K THROUGH 12. DURING THE YEAR ENDED JUNE 30, 2016, THE SCHOOL PROVIDED EDUCATION FOR 397 STUDENTS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10HEAD OF SCHOOL,NON-VOTING
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IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt014434
IRS990/InformationTechnologyGrp/TotalAmt014434
IRS990/InterestGrp/ProgramServicesAmt0133897
IRS990/InterestGrp/TotalAmt0133897
IRS990/InventoriesForSaleOrUseGrp/BOYAmt08827
IRS990/InventoriesForSaleOrUseGrp/EOYAmt09060
IRS990/InvestmentIncomeGrp/ExclusionAmt01262
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01262
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0475932
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02358922
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07758707
IRS990/LandBldgEquipCostOrOtherBssAmt08234639
IRS990/LegalDomicileStateCd0TX
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LIVE OAK CLASSICAL SCHOOL STRIVES TO EQUIP STUDENTS TO LOVE GOD WITH ALL THEIR HEARTS, SOULS AND MINDS. WE DRAW ON THE CLASSICAL TOOLS OF LEARNING TO PREPARE STUDENTS TO REASON CLEARLY, COMMUNICATE EFFECTIVELY,& ACT RESPONSIBILY IN THE WORLD,ALL FOR THE GLORY OF GOD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01370500
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05168684
IRS990/NetAssetsOrFundBalancesBOYAmt01581897
IRS990/NetAssetsOrFundBalancesEOYAmt02939626
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt099147
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt099147
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt05448
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt05448
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt01470
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt024251
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt025721
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0223799
IRS990/OccupancyGrp/TotalAmt0223799
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt040033
IRS990/OfficeExpensesGrp/ProgramServicesAmt01812
IRS990/OfficeExpensesGrp/TotalAmt041845
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04530
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09000
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0203865
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0217395
IRS990/OtherExpensesGrp/Desc0CURRICULUM/CLASSROOM EX
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2ATHLETIC EXPENSES
IRS990/OtherExpensesGrp/Desc3FIELD TRIPS
IRS990/OtherExpensesGrp/ProgramServicesAmt079728
IRS990/OtherExpensesGrp/ProgramServicesAmt167404
IRS990/OtherExpensesGrp/ProgramServicesAmt253000
IRS990/OtherExpensesGrp/ProgramServicesAmt324668
IRS990/OtherExpensesGrp/TotalAmt079728
IRS990/OtherExpensesGrp/TotalAmt167404
IRS990/OtherExpensesGrp/TotalAmt253000
IRS990/OtherExpensesGrp/TotalAmt324668
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt036780
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt033000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01671158
IRS990/OtherSalariesAndWagesGrp/TotalAmt01740938
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03160
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011399
IRS990/PayrollTaxesGrp/ProgramServicesAmt0148159
IRS990/PayrollTaxesGrp/TotalAmt0162718
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0929624
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0929624
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023038
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt033500
IRS990/PrincipalOfficerNm0ALISON MOFFATT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1HOT LUNCHES
IRS990/ProgramServiceRevenueGrp/Desc2EXTRACURRICULAR EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03123241
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt176608
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt245434
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03123241
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt176608
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt245434
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0569558
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0260750
IRS990/PYInvestmentIncomeAmt0554
IRS990/PYOtherExpensesAmt0720673
IRS990/PYOtherRevenueAmt0101139
IRS990/PYProgramServiceRevenueAmt02945150
IRS990/PYRevenuesLessExpensesAmt0615207
IRS990/PYSalariesCompEmpBnftPaidAmt02019771
IRS990/PYTotalExpensesAmt03001194
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03616401
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt01357729
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt025721
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03274982
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0648469
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0377195
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt06271319
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0315098
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06586417
IRS990ScheduleD/EquipmentGrp/BookValueAmt0193388
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0160834
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0354222
IRS990ScheduleD/ExpensesNotReportedAmt037268
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03386655
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01294000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01294000
IRS990ScheduleD/OtherExpensesIncludedAmt037268
IRS990ScheduleD/OtherRevenueAmt037268
IRS990ScheduleD/RevenueNotReportedAmt037268
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04744384
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION WAS GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THESE FINANCIAL STATEMENTS. THE ORGANIZATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION, WHICH IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) AND 170(B)(1)(A)(VI) OF THE CODE. THE ORGANIZATION'S TAX RETURNS ARE GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2013.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES NOT OFFSET AGAINST REVENUE ON AUDIT 13,720. COGS NOT OFFSET AGAINST REVENUE ON AUDIT 23,548.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES NOT OFFSET AGAINST REVENUE ON AUDIT 13,720. COGS NOT OFFSET AGAINST REVENUE ON AUDIT 23,548.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07758707
IRS990ScheduleD/TotalExpensesPerForm990Amt03386655
IRS990ScheduleD/TotalRevenuePerForm990Amt04744384
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04781652
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03423923
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL PUBLISHES A NONDISCRIMNATORY STATEMENT ANNUALLY IN AN AD IN THE WACO TODAY MAGAZINE, THE STANDARD (OUR HANDBOOK FOR ALL PARENTS AND STUDENTS), AND ON OUR WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt030945
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt030945
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013720
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt04538
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt04538
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0143812
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0143812
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0112867
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0112867
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt099147
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04613
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04613
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt04569
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04569
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0280178
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0115

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,445,669
Liabilities
$5,506,043
Net assets
$2,939,626
Revenue
$4,744,384
Expenses
$3,386,655
Net income
$1,357,729
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.13$5.87$4.73$6.19$6.24$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.11$6.15$5.04$5.31$5.89$0.58
2022Detailed filing. Detailed filing data is available for this year.$1.71$6.17$4.46$4.93$5.08$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.27$1.26$0.01$4.57$4.45$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.34$1.55$0.78$4.53$4.49$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.49$0.59$0.90$4.37$4.35$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.46$0.48$0.98$4.64$4.31$0.33
2017Detailed filing. Detailed filing data is available for this year.$1.67$0.74$0.92$4.91$4.14$0.78
2016Detailed filing. Detailed filing data is available for this year.$8.45$5.51$2.94$4.74$3.39$1.36
2015Detailed filing. Detailed filing data is available for this year.$3.25$1.67$1.58$3.62$3.00$0.62
2014Detailed filing. Detailed filing data is available for this year.$2.69$1.72$0.97$2.82$2.77$0.05
2013Summary only. Only limited summary data is available for this year.$1.95$1.04$0.92$2.38$2.36$0.01
2012Summary only. Only limited summary data is available for this year.$2.04$1.14$0.90$2.37$2.15$0.23
2011Summary only. Only limited summary data is available for this year.$1.50$0.83$0.67$1.96$1.66$0.29