Civic Intelligence

Live Oak Classical School Inc.

990 • Fiscal year 2023 • EIN 77-0616274

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

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

100th percentile

5.55x

Higher debt load relative to assets than 100% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

85th percentile

1.16x

Higher debt load relative to revenue than 85% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

21st percentile

-11%

Higher net margin than 21% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$102,839

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

2nd percentile

-35%

Faster asset growth than 2% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

53rd percentile

7.7%

Faster revenue growth than 53% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$1,107,848

Down $600,867 (-35%) from 2022

Net Assets

Down

-$5,037,931

Down $575,414 (-13%) from 2022

Liabilities

Down

$6,145,779

Down $25,453 (-0.4%) from 2022

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin21st percentile

Revenue

Up

$5,310,095

Up $378,963 (+7.7%) from 2022

Expenses

Up

$5,894,013

Up $815,944 (+16%) from 2022

Net Income

Down

-$583,918

Down $436,981 (-297%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth2nd 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

2023

Assets$1,107,848
Liabilities$6,145,779
Net Assets-$5,037,931
Open 2023 Filing

Operations Trend

Revenue Growth53rd 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

2023

Revenue$5,310,095
Expenses$5,894,013
Net Income-$583,918
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$5,417,529
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,230,652$598,779▼ $631,873
Accounts Receivable$28,199$221,059▲ $192,860
Savings and Temporary Cash Investments$315,144$174,324▼ $140,820
Prepaid Expenses and Deferred Charges$37,238$46,237▲ $8,999
Land, Buildings, and Equipment, Net$75,570$45,537▼ $30,033
Inventories for Sale or Use$21,912$21,912→ $0
Total Assets$1,708,715$1,107,848▼ $600,867
Liabilities
Tax Exempt Bond Liabilities$4,922,918$4,662,567▼ $260,351
Deferred Revenue$1,137,070$1,282,507▲ $145,437
Accounts Payable and Accrued Expenses$15,686$123,506▲ $107,820
Mortgage Notes Payable Secured by Investment Property$95,558$77,199▼ $18,359
Total Liabilities$6,171,232$6,145,779▼ $25,453
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-4,462,517$-5,037,931▼ $575,414
Total Net Assets Fund Balance$-4,462,517$-5,037,931▼ $575,414
Total Liabilities and Net Assets / Fund Balance$1,708,715$1,107,848▼ $600,867

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$45,537$597,670$643,207
Compensation and Service Providers
Top Officer Pay39th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alison MoffattHead of SchoolFT$99,942$2,897$102,839
Donna ZemanekFinance DirectorFT$65,101$1,466$66,567

Board Members and Trustees

NameTitle
Neil LuftPresident
Alta VannVice President
Callie SchrankBoard Member
Grant CoburnBoard Member
Jeremy CounsellerBoard Member
Lanissa WillisBoard Member
Melissa IshioBoard Member
Paul BarbieriBoard Member
Holly BurchettSecretary
Heath IvyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$83,180
Program Service Revenue
$5,006,132
Investment Income
$1,740
Other Revenue
$219,043
All Other Contributions
$26,056
Change in Net Assets
$-583,918
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,388,094
Other Expenses$1,950,039
Grants and Similar Amounts Paid$555,880
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,370,334$503,045-$2,873,379
Occupancy$942,049--$942,049
Grants to Domestic Individuals$555,880--$555,880
Payroll Taxes$171,664$51,276-$222,940
Current Officers, Directors, Trustees, and Key Employees-$210,488-$210,488
Interest$163,208--$163,208
Office Expenses$15,156$139,767-$154,923
Information Technology-$75,077-$75,077
Other Expenses$48,950--$48,950
Other Employee Benefits$35,202$9,775-$44,977
Travel$43,329$723-$44,052
Depreciation Depletion$41,958--$41,958
Pension Plan Contributions$31,119$5,191-$36,310
Conferences and Meetings$20,179$1,746-$21,925
Fees for Services Accounting-$18,684-$18,684
Fees for Services Legal-$10,267-$10,267
Advertising-$4,835-$4,835
Total Functional Expenses$4,863,139$1,030,874$0$5,894,013
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$96,449
Fundraising Direct Expenses$28,748
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$153,573$96,449$10,312$86,137
Total Events$153,573$96,449$28,748$67,701
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AWhitney Cultural Education Facilities Finance Corporation2022-04-22$4,970,240Education revenue and refunding note, series 2022a

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$4,970,240--$97,500

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
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
2024-05-15

Organization Details

Principal Officer
Alison Moffatt
Formed
2003
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
134
Volunteers
300

Preparer

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

Additional Explanations

FORM 990, PART XI, LINE 9:

“Net assets transferred to live oak classical properties -331,841. Net assets transferred from live oak classical foundation 367,327.”

Raw XML AppendixShowing 400 of 542 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015686
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0123506
IRS990/AccountsReceivableGrp/BOYAmt028199
IRS990/AccountsReceivableGrp/EOYAmt0221059
IRS990/ActivitiesConductedPrtshpInd00
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.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04835
IRS990/AdvertisingGrp/TotalAmt04835
IRS990/AllOtherContributionsAmt026056
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0DONNA ZEMANEK
IRS990/BooksInCareOfDetail/PhoneNum02547141007
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0400 S 4TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0WACO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd076706
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01230652
IRS990/CashNonInterestBearingGrp/EOYAmt0598779
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0210488
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0210488
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01746
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt020179
IRS990/ConferencesMeetingsGrp/TotalAmt021925
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContriRptFundraisingEventAmt057124
IRS990/CostOfGoodsSoldAmt078686
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt083180
IRS990/CYGrantsAndSimilarPaidAmt0555880
IRS990/CYInvestmentIncomeAmt01740
IRS990/CYOtherExpensesAmt01950039
IRS990/CYOtherRevenueAmt0219043
IRS990/CYProgramServiceRevenueAmt05006132
IRS990/CYRevenuesLessExpensesAmt0-583918
IRS990/CYSalariesCompEmpBnftPaidAmt03388094
IRS990/CYTotalExpensesAmt05894013
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05310095
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01137070
IRS990/DeferredRevenueGrp/EOYAmt01282507
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt041958
IRS990/DepreciationDepletionGrp/TotalAmt041958
IRS990/Desc0TO PROVIDE A CHRISTIAN AND CLASSICAL EDUCATION FOR CHILDREN IN GRADES K THROUGH 12. DURING THE YEAR ENDED JUNE 30, 2023, THE SCHOOL PROVIDED EDUCATION FOR 476 STUDENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0134
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt04863139
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018684
IRS990/FeesForServicesAccountingGrp/TotalAmt018684
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt010267
IRS990/FeesForServicesLegalGrp/TotalAmt010267
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt102897
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt111466
IRS990/Form990PartVIISectionAGrp/PersonNm0NEIL LUFT
IRS990/Form990PartVIISectionAGrp/PersonNm1ALTA VANN
IRS990/Form990PartVIISectionAGrp/PersonNm2HOLLY BURCHETT
IRS990/Form990PartVIISectionAGrp/PersonNm3HEATH IVY
IRS990/Form990PartVIISectionAGrp/PersonNm4PAUL BARBIERI
IRS990/Form990PartVIISectionAGrp/PersonNm5GRANT COBURN
IRS990/Form990PartVIISectionAGrp/PersonNm6JEREMY COUNSELLER
IRS990/Form990PartVIISectionAGrp/PersonNm7MELISSA ISHIO
IRS990/Form990PartVIISectionAGrp/PersonNm8CALLIE SCHRANK
IRS990/Form990PartVIISectionAGrp/PersonNm9LANISSA WILLIS
IRS990/Form990PartVIISectionAGrp/PersonNm10ALISON MOFFATT
IRS990/Form990PartVIISectionAGrp/PersonNm11DONNA ZEMANEK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1099942
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1165101
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt11FINANCE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt057124
IRS990/FundraisingDirectExpensesAmt028748
IRS990/FundraisingGrossIncomeAmt096449
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantAmt0555880
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0555880
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0555880
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05417529
IRS990/GrossRentsGrp/RealAmt0400
IRS990/GrossSalesOfInventoryAmt045641
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt075077
IRS990/InformationTechnologyGrp/TotalAmt075077
IRS990/InterestGrp/ProgramServicesAmt0163208
IRS990/InterestGrp/TotalAmt0163208
IRS990/InventoriesForSaleOrUseGrp/BOYAmt021912
IRS990/InventoriesForSaleOrUseGrp/EOYAmt021912
IRS990/InvestmentIncomeGrp/ExclusionAmt01740
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01740
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt040
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0597670
IRS990/LandBldgEquipBasisNetGrp/BOYAmt075570
IRS990/LandBldgEquipBasisNetGrp/EOYAmt045537
IRS990/LandBldgEquipCostOrOtherBssAmt0643207
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/BOYAmt095558
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt077199
IRS990/NetAssetsOrFundBalancesBOYAmt0-4462517
IRS990/NetAssetsOrFundBalancesEOYAmt0-5037931
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt067701
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt067701
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-33045
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-33045
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0400
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0400
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-4462517
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-5037931
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0942049
IRS990/OccupancyGrp/TotalAmt0942049
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0139767
IRS990/OfficeExpensesGrp/ProgramServicesAmt015156
IRS990/OfficeExpensesGrp/TotalAmt0154923
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt035486
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09775
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt035202
IRS990/OtherEmployeeBenefitsGrp/TotalAmt044977
IRS990/OtherExpensesGrp/Desc0ATHLETIC EXPENSES
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2CURRICULUM/CLASSROOM EX
IRS990/OtherExpensesGrp/Desc3FIELD TRIPS
IRS990/OtherExpensesGrp/ProgramServicesAmt0165762
IRS990/OtherExpensesGrp/ProgramServicesAmt1140023
IRS990/OtherExpensesGrp/ProgramServicesAmt2118326
IRS990/OtherExpensesGrp/ProgramServicesAmt348950
IRS990/OtherExpensesGrp/TotalAmt0165762
IRS990/OtherExpensesGrp/TotalAmt1140023
IRS990/OtherExpensesGrp/TotalAmt2118326
IRS990/OtherExpensesGrp/TotalAmt348950
IRS990/OtherRevenueMiscGrp/BusinessCd0611110
IRS990/OtherRevenueMiscGrp/BusinessCd1611110
IRS990/OtherRevenueMiscGrp/Desc0EXTRACURRICULAR EVENTS
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0112494
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt171493
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0112494
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt171493
IRS990/OtherRevenueTotalAmt0183987
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0503045
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02370334
IRS990/OtherSalariesAndWagesGrp/TotalAmt02873379
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt051276
IRS990/PayrollTaxesGrp/ProgramServicesAmt0171664
IRS990/PayrollTaxesGrp/TotalAmt0222940
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05191
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt031119
IRS990/PensionPlanContributionsGrp/TotalAmt036310
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt037238
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt046237
IRS990/PrincipalOfficerNm0ALISON MOFFATT
IRS990/PriorPeriodAdjustmentsAmt0-26982
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1HOT LUNCHES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04836905
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1169227
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04836905
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1169227
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0116376
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0535970
IRS990/PYInvestmentIncomeAmt0575
IRS990/PYOtherExpensesAmt01532019
IRS990/PYOtherRevenueAmt023606
IRS990/PYProgramServiceRevenueAmt04790575
IRS990/PYRevenuesLessExpensesAmt0-146937
IRS990/PYSalariesCompEmpBnftPaidAmt03010080
IRS990/PYTotalExpensesAmt05078069
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04931132
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-583918
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0400
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05157474
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0315144
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0174324
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/BookValueAmt045537
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0597670
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0643207
IRS990ScheduleD/TotalBookValueLandBuildingsAmt045537
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/CharitableContributionsTotAmt057124
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt057124
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt028748
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0300
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0300
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01185
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01185
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0153573
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0153573
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt096449
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt096449
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt067701
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010312
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010312
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt016951
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt016951
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0555880
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0123
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02022-04-22

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,107,848
Liabilities
$6,145,779
Net assets
-$5,037,931
Revenue
$5,310,095
Expenses
$5,894,013
Net income
-$583,918
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