Civic Intelligence

Live Oak Classical School Inc.

990 • Fiscal year 2021 • EIN 77-0616274

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

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

94th percentile

0.99x

Higher debt load relative to assets than 94% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

71st percentile

0.28x

Higher debt load relative to revenue than 71% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

31st percentile

2.5%

Higher net margin than 31% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

57th percentile

$73,119

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

1st percentile

-46%

Faster asset growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

33rd percentile

0.8%

Faster revenue growth than 33% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$1,265,858

Down $1,069,320 (-46%) from 2020

Net Assets

Down

$7,797

Down $775,388 (-99%) from 2020

Liabilities

Down

$1,258,061

Down $293,932 (-19%) from 2020

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin31st percentile

Revenue

Up

$4,570,478

Up $36,293 (+0.8%) from 2020

Expenses

Down

$4,454,016

Down $34,395 (-0.8%) from 2020

Net Income

Up

$116,462

Up $70,688 (+154%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth1st 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

2021

Assets$1,265,858
Liabilities$1,258,061
Net Assets$7,797
Open 2021 Filing

Operations Trend

Revenue Growth33rd 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

2021

Revenue$4,570,478
Expenses$4,454,016
Net Income$116,462
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.2
Gross Receipts
$4,605,407
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
Cash and Non-Interest-Bearing Accounts$1,324,591$767,786▼ $556,805
Savings and Temporary Cash Investments$523,327$312,152▼ $211,175
Land, Buildings, and Equipment, Net$145,002$83,459▼ $61,543
Accounts Receivable$310,683$42,734▼ $267,949
Prepaid Expenses and Deferred Charges$10,380$38,532▲ $28,152
Inventories for Sale or Use$21,195$21,195→ $0
Total Assets$2,335,178$1,265,858▼ $1,069,320
Liabilities
Deferred Revenue$950,343$740,886▼ $209,457
Unsecured Notes Loans Payable$460,118$462,840▲ $2,722
Accounts Payable and Accrued Expenses$110,750$54,335▼ $56,415
Mortgage Notes Payable Secured by Investment Property$30,782$0▼ $30,782
Total Liabilities$1,551,993$1,258,061▼ $293,932
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$244,243$7,005▼ $237,238
Net Assets With Donor Restrictions$538,942$792▼ $538,150
Total Net Assets Fund Balance$783,185$7,797▼ $775,388
Total Liabilities and Net Assets / Fund Balance$2,335,178$1,265,858▼ $1,069,320

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$83,459$516,021$599,480
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alison MoffatHead of School,non-votingFT$71,777$1,342$73,119
Donna ZemanekFinance Director, Non-votiFT$61,421-$61,421

Board Members and Trustees

NameTitle
Michele HusePresident
Smith GettermanVice-president
Alta BannBoard Member
Callie SchrankBoard Member
Clint BlackBoard Member
Grant CoburnBoard Member
Holly HelmerBoard Member
Jared WalkerBoard Member
Jeremy CounsellerBoard Member
Stanley HarrisBoard Member
Neil LuftSecretary
Heath IvyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$22,700
Program Service Revenue
$4,543,262
Investment Income
$1,414
Other Revenue
$3,102
All Other Contributions
$22,700
Change in Net Assets
$116,462
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,712,727
Other Expenses$1,284,533
Grants and Similar Amounts Paid$456,756
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,932,251$418,759-$2,351,010
Occupancy$642,004--$642,004
Grants to Domestic Individuals$456,756--$456,756
Payroll Taxes$143,753$41,937-$185,690
Office Expenses$6,357$168,144-$174,501
Current Officers, Directors, Trustees, and Key Employees-$131,400-$131,400
Depreciation Depletion$69,818--$69,818
Other Expenses$68,485$3,670-$68,485
Information Technology-$42,445-$42,445
Other Employee Benefits$22,648$5,602-$28,250
All Other Expenses$20,771--$20,771
Pension Plan Contributions$14,340$2,037-$16,377
Conferences and Meetings$12,959--$12,959
Fees for Services Accounting-$7,774-$7,774
Advertising-$4,019-$4,019
Travel$2,614$27-$2,641
Interest$840--$840
Fees for Services Legal-$533-$533
Total Functional Expenses$3,627,669$826,347$0$4,454,016
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,690
Fundraising Direct Expenses$494
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Booster Fundraiser----
Gala----
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
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, Section B, Line 11B

“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 ceo 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
2022-05-16
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
115
Volunteers
400

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 XI, LINE 9:

“Transfer of net assets to live oak classical properties -946,233. Transfer of net assets from live oak classical properties 168,999.”

FORM 990, PART XII, LINE 2C:

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

Raw XML AppendixShowing 400 of 506 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.

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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/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12HEAD OF SCHOOL,NON-VOTING
IRS990/Form990PartVIISectionAGrp/TitleTxt13FINANCE DIRECTOR, NON-VOTI
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IRS990/InventoriesForSaleOrUseGrp/BOYAmt021195
IRS990/InventoriesForSaleOrUseGrp/EOYAmt021195
IRS990/InvestmentIncomeGrp/ExclusionAmt01414
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01414
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0516021
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0145002
IRS990/LandBldgEquipBasisNetGrp/EOYAmt083459
IRS990/LandBldgEquipCostOrOtherBssAmt0599480
IRS990/LegalDomicileStateCd0TX
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/BOYAmt030782
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0783185
IRS990/NetAssetsOrFundBalancesEOYAmt07797
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt03196
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt03196
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-94
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-94
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0244243
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07005
IRS990/NoncashContributionsAmt017658
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0642004
IRS990/OccupancyGrp/TotalAmt0642004
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0168144
IRS990/OfficeExpensesGrp/ProgramServicesAmt06357
IRS990/OfficeExpensesGrp/TotalAmt0174501
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-777234
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05602
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022648
IRS990/OtherEmployeeBenefitsGrp/TotalAmt028250
IRS990/OtherExpensesGrp/Desc0UBIT TAXES
IRS990/OtherExpensesGrp/Desc1CURRICULUM/CLASSROOM EX
IRS990/OtherExpensesGrp/Desc2ATHLETIC EXPENSES
IRS990/OtherExpensesGrp/Desc3FOOD
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03670
IRS990/OtherExpensesGrp/ProgramServicesAmt0137888
IRS990/OtherExpensesGrp/ProgramServicesAmt196185
IRS990/OtherExpensesGrp/ProgramServicesAmt268485
IRS990/OtherExpensesGrp/TotalAmt03670
IRS990/OtherExpensesGrp/TotalAmt1137888
IRS990/OtherExpensesGrp/TotalAmt296185
IRS990/OtherExpensesGrp/TotalAmt368485
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0418759
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01932251
IRS990/OtherSalariesAndWagesGrp/TotalAmt02351010
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt041937
IRS990/PayrollTaxesGrp/ProgramServicesAmt0143753
IRS990/PayrollTaxesGrp/TotalAmt0185690
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02037
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt014340
IRS990/PensionPlanContributionsGrp/TotalAmt016377
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010380
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt038532
IRS990/PrincipalOfficerNm0ALISON MOFFATT
IRS990/PriorPeriodAdjustmentsAmt0-114616
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1EXTRACURRICULAR EVENTS
IRS990/ProgramServiceRevenueGrp/Desc2HOT LUNCHES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04387420
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt178321
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt277521
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04387420
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt178321
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt277521
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0376733
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0425353
IRS990/PYInvestmentIncomeAmt03185
IRS990/PYOtherExpensesAmt01455516
IRS990/PYOtherRevenueAmt0164919
IRS990/PYProgramServiceRevenueAmt03989348
IRS990/PYRevenuesLessExpensesAmt045774
IRS990/PYSalariesCompEmpBnftPaidAmt02607542
IRS990/PYTotalExpensesAmt04488411
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04534185
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0116462
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04543168
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0523327
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0312152
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/EquipmentGrp/BookValueAmt083459
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0516021
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0599480
IRS990ScheduleD/TotalBookValueLandBuildingsAmt083459
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/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BOOSTER FUNDRAISER
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0456756
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0113
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A 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 CEO BE INSTRUCTED TO SIGN AND FILE THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL AFFIRMATION OF THE POLICY IS INDIVIDUALLY SIGNED BY EACH BOARD MEMBER AND KEY STAFF
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRANSFER OF NET ASSETS TO LIVE OAK CLASSICAL PROPERTIES -946,233. TRANSFER OF NET ASSETS FROM LIVE OAK CLASSICAL PROPERTIES 168,999.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LIVE OAK CLASSICAL FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0832220421
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,265,858
Liabilities
$1,258,061
Net assets
$7,797
Revenue
$4,570,478
Expenses
$4,454,016
Net income
$116,462
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