Civic Intelligence

Gray Collegiate Academy Inc.

990 • Fiscal year 2016 • EIN 80-0912325

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 02, 2016

Organization ProfileWWW.GRAYCOLLEGIATEACADEMY.ORG
3833 Leaphart RdWest Columbia, SC 29169

(803) 951-3321

Siviq Scores

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

Liabilities / Assets

91st percentile

0.97x

Higher debt load relative to assets than 91% of similar nonprofits.

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

Liabilities / Revenue

87th percentile

1.98x

Higher debt load relative to revenue than 87% of similar nonprofits.

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

Net Margin

52nd percentile

2.8%

Higher net margin than 52% of similar nonprofits.

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

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

46th percentile

0.8%

Faster asset growth than 46% of similar nonprofits.

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

Revenue Growth

84th percentile

29%

Faster revenue growth than 84% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$9,195,423

Up $70,452 (+0.8%) from 2015

Net Assets

Up

$312,731

Up $125,682 (+67%) from 2015

Liabilities

Down

$8,882,692

Down $55,230 (-0.6%) from 2015

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin52nd percentile

Revenue

Up

$4,493,517

Up $1,022,269 (+29%) from 2015

Expenses

Up

$4,367,835

Up $1,084,598 (+33%) from 2015

Net Income

Down

$125,682

Down $62,329 (-33%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

$30M$20M$10M$0-$10MAssets 2014: $21,333Liabilities 2014: $22,2952014Assets 2015: $9,124,971Liabilities 2015: $8,937,922Net Assets 2015: $187,0492015Assets 2016: $9,195,423Liabilities 2016: $8,882,692Net Assets 2016: $312,7312016Assets 2017: $9,187,749Liabilities 2017: $8,994,853Net Assets 2017: $192,8962017Assets 2018: $9,214,564Liabilities 2018: $9,200,114Net Assets 2018: $14,4502018Assets 2019: $9,816,263Liabilities 2019: $9,459,926Net Assets 2019: $356,3372019Assets 2020: $12,877,443Liabilities 2020: $12,910,483Net Assets 2020: -$33,0402020Assets 2021: $14,454,216Liabilities 2021: $12,903,485Net Assets 2021: $1,550,7312021Assets 2022: $28,495,542Liabilities 2022: $26,881,188Net Assets 2022: $1,614,3542022Assets 2023: $26,896,133Liabilities 2023: $26,406,174Net Assets 2023: $489,9592023

Highlighted filing

2016

Assets$9,195,423
Liabilities$8,882,692
Net Assets$312,731
Open 2016 Filing

Operations Trend

Revenue Growth84th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2014: $104,939Expenses 2014: $105,901Net Income 2014: -$9622014Revenue 2015: $3,471,248Expenses 2015: $3,283,237Net Income 2015: $188,0112015Revenue 2016: $4,493,517Expenses 2016: $4,367,835Net Income 2016: $125,6822016Revenue 2017: $4,415,329Expenses 2017: $4,535,164Net Income 2017: -$119,8352017Revenue 2018: $4,797,350Expenses 2018: $4,975,796Net Income 2018: -$178,4462018Revenue 2019: $5,376,152Expenses 2019: $5,034,265Net Income 2019: $341,8872019Revenue 2020: $5,601,432Expenses 2020: $5,990,809Net Income 2020: -$389,3772020Revenue 2021: $7,397,949Expenses 2021: $5,814,178Net Income 2021: $1,583,7712021Revenue 2022: $8,205,578Expenses 2022: $8,141,955Net Income 2022: $63,6232022Revenue 2023: $9,892,030Expenses 2023: $11,016,425Net Income 2023: -$1,124,3952023

Highlighted filing

2016

Revenue$4,493,517
Expenses$4,367,835
Net Income$125,682
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 2, 2016
Return Version
2015v2.1
Gross Receipts
$4,493,517
Mission and Program Overview

Mission

Mission: gray collegiate academy (gca) serves high school students in a safe, small, family-centered environment who seek the opportunity and challenge of a rigorous curriculum, high academic standards, and elite athletics while earning up to two years of college credit.

The mission of gray collegiate academy (gca) is to provide an outstanding academic and athletic program, with a college preparatory program in 9th and 10th grade and dual enrollment in 11th and 12th grade. Students will graduate from gca with an aa degree or 48-60 hours of credit, and with college scholarship opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,679,239$6,481,245▼ $197,994
Cash and Non-Interest-Bearing Accounts$306,440$536,600▲ $230,160
Prepaid Expenses and Deferred Charges$61,715$65,446▲ $3,731
Pledges and Grants Receivable$19,494$47,100▲ $27,606
Accounts Receivable$1,808$200▼ $1,608
Total Assets$9,124,971$9,195,423▲ $70,452
Other Assets Total$2,056,275$2,064,832▲ $8,557
Liabilities
Other Liabilities$8,854,298$8,824,575▼ $29,723
Accounts Payable and Accrued Expenses$79,796$54,289▼ $25,507
Deferred Revenue$3,828$3,828→ $0
Total Liabilities$8,937,922$8,882,692▼ $55,230
Net Assets / Fund Balance
Unrestricted Net Assets$187,049$312,731▲ $125,682
Total Net Assets Fund Balance$187,049$312,731▲ $125,682
Total Liabilities and Net Assets / Fund Balance$9,124,971$9,195,423▲ $70,452

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,519,296$623,012$6,142,308
Land$750,000-$750,000
Leasehold Improvements$127,260$6,797$134,057
Equipment$84,689$31,650$116,339
Other Assets Org$64,832--
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Teresa BrazellBoard Chair
Brett MarloweDirector
E Marie RosboroughDirector
Rick LaudenslagerDirector
Tami ThomasonSecretary
Kim SeawellTreasurer
Jason FieldsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$4,446,297
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$47,220
Change in Net Assets
$125,682

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,493,517
Total Revenue per Audited Statements
$4,493,517
Total Revenue per Form 990
$4,493,517
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,763,732
Salaries, Compensation, and Employee Benefits$1,604,103
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$635,739$495,104-$1,130,843
Interest-$666,164-$666,164
Fees for Services Management-$563,750-$563,750
Other Employee Benefits$280,176$170,760-$450,936
Fees for Services Other$83,915$341,657-$425,572
Depreciation Depletion$8,251$320,448-$328,699
Occupancy-$158,641-$158,641
Other Expenses$51,201$25,952-$77,153
Fees for Services Accounting-$68,217-$68,217
Advertising-$55,482-$55,482
Pension Plan Contributions$12,501$9,823-$22,324
Travel-$19,769-$19,769
Fees for Services Legal-$11,847-$11,847
Total Functional Expenses$1,300,117$3,067,718$0$4,367,835

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,367,835
Total Expenses per Audited Statements$4,367,835
Total Expenses per Form 990$4,367,835
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligation$6,798,999
Notes Payable$2,025,576
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Management of the school was delegated to a pinnacle charter school management, a charter school management company, under the terms of a contract between the management company and the school. Oversight of the management company is performed by the board of directors.”

Form 990, Page 6, Part VI, Line 11B

“Copy of form 990 is provided to management representatives to review and approve prior to filing of return.”

Form 990, Page 6, Part VI, Line 19

“The public will be provided a copy of the school's form 990 upon request.”

Filing and Contact Details

Filer

Filer Name
Gray Collegiate Academy Inc
EIN
80-0912325
Phone
8039513321
Address
3833 LEAPHART RD, WEST COLUMBIA, SC 29169

Signing Officer

Name
Teresa Brazell
Title
Board Chair
Phone
2394721323
Signed
2016-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teresa Brazell
Formed
2013
Legal Domicile
Sc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
20

Preparer

Firm
Michael P Miller CPA Pl
Address
1648 PERIWINKLE WAY STE D, SANIBEL, FL 33957
Preparer
Michael P Miller CPA
Phone
2394721323
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The mission of gray collegiate academy (gca) is to provide an outstanding academic and athletic program, with a college preparatory program in 9th and 10th grade and dual enrollment in 11th and 12th grade. Students will graduate from gca with an aa degree or 48-60 hours of credit, and with college scholarship opportunities.”

Form 990, Page 2, Part III, Line 4D

“Gray collegiate academy (gca) was organized to provide an outstanding academic and athletic program, with a college preparatory program in 9th and 10th grade and dual enrollment in 11th and 12th grade. Gca strives to have students graduate with an aa degree or 48-60 hours of credit, and with college scholarship opportunities.”

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IRS990/PYOtherRevenueAmt050040
IRS990/PYRevenuesLessExpensesAmt0188011
IRS990/PYSalariesCompEmpBnftPaidAmt01096046
IRS990/PYTotalExpensesAmt03283237
IRS990/PYTotalRevenueAmt03471248
IRS990/ReconcilationRevenueExpnssAmt0125682
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IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt05519296
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0623012
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06142308
IRS990ScheduleD/EquipmentGrp/BookValueAmt084689
IRS990ScheduleD/EquipmentGrp/DepreciationAmt031650
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0116339
IRS990ScheduleD/ExpensesSubtotalAmt04367835
IRS990ScheduleD/LandGrp/BookValueAmt0750000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0750000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0127260
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06797
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0134057
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02000000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt164832
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NOTE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12025576
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTES PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt04493517
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06481245
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02064832
IRS990ScheduleD/TotalExpensesPerForm990Amt04367835
IRS990ScheduleD/TotalLiabilityAmt08824575
IRS990ScheduleD/TotalRevenuePerForm990Amt04493517
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04493517
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION INCLUDES A NONDISCIMINATION STATEMENT IN ITS PUBLISHED MATERIAL, WEBSITE AND CHARTER APPLICATION MATERIAL SO THE POLICY CAN BE KNOWN TO ALL PARTS OF THE GENERAL COMMUNITY IT SERVES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1LINE 6A - THE ORGANIZATION RECEIVES FINANCIAL SUPPORT THROUGH VARIOUS STATE OF SOUTH CAROLINA AND FEDERAL PROGRAMS WHICH SUPPORT THE START UP ACTIVITIES OF THE ORGANIZATION AND THE ON-GOING FUNDING FOR ITS HIGH SCHOOL EDUCATION PROGRAM.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF GRAY COLLEGIATE ACADEMY (GCA) IS TO PROVIDE AN OUTSTANDING ACADEMIC AND ATHLETIC PROGRAM, WITH A COLLEGE PREPARATORY PROGRAM IN 9TH AND 10TH GRADE AND DUAL ENROLLMENT IN 11TH AND 12TH GRADE. STUDENTS WILL GRADUATE FROM GCA WITH AN AA DEGREE OR 48-60 HOURS OF CREDIT, AND WITH COLLEGE SCHOLARSHIP OPPORTUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRAY COLLEGIATE ACADEMY (GCA) WAS ORGANIZED TO PROVIDE AN OUTSTANDING ACADEMIC AND ATHLETIC PROGRAM, WITH A COLLEGE PREPARATORY PROGRAM IN 9TH AND 10TH GRADE AND DUAL ENROLLMENT IN 11TH AND 12TH GRADE. GCA STRIVES TO HAVE STUDENTS GRADUATE WITH AN AA DEGREE OR 48-60 HOURS OF CREDIT, AND WITH COLLEGE SCHOLARSHIP OPPORTUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT OF THE SCHOOL WAS DELEGATED TO A PINNACLE CHARTER SCHOOL MANAGEMENT, A CHARTER SCHOOL MANAGEMENT COMPANY, UNDER THE TERMS OF A CONTRACT BETWEEN THE MANAGEMENT COMPANY AND THE SCHOOL. OVERSIGHT OF THE MANAGEMENT COMPANY IS PERFORMED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPY OF FORM 990 IS PROVIDED TO MANAGEMENT REPRESENTATIVES TO REVIEW AND APPROVE PRIOR TO FILING OF RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PUBLIC WILL BE PROVIDED A COPY OF THE SCHOOL'S FORM 990 UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0true
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0464574562
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0RELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0HR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0GRAY COLLEGIATE ACADEMY LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt03599
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt01648 PERIWINKLE WAY SUITE D
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0SANIBEL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd033957
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0GRAY COLLEGIATE ACADEMY LP WAS FORMED FOR THE PURPOSE OF SECURING CAPITAL TO ADVANCE FUNDING TO THE DEVELOPER AND OWNER OF THE SCHOOL FACILITY. IN ORDER TO ACCESS THE EB-5 IMMIGRANT INVESTOR PROGRAM FUNDING, THE PARTNERSHIP IS REQUIRED TO EMPLOY ALL TEACHERS AND STAFF ASSOCIATED WITH THE SCHOOL. THE PARTNERSHIP RECEIVED 2.0 MILLION IN CAPITAL ADVANCED FROM FOUR PARTNERS DURING THE FISCAL YEAR AND IMMEDIATELY ADVANCED THESE PROCEEDS TO THE DEVELOPER.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R
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IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt09124971
IRS990/TotalAssetsGrp/EOYAmt09195423
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04446297
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03067718
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01300117
IRS990/TotalFunctionalExpensesGrp/TotalAmt04367835
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08937922
IRS990/TotalLiabilitiesEOYAmt08882692
IRS990/TotalLiabilitiesGrp/BOYAmt08937922
IRS990/TotalLiabilitiesGrp/EOYAmt08882692
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0187049
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0312731
IRS990/TotalOtherProgSrvcExpenseAmt01300117
IRS990/TotalProgramServiceExpensesAmt01300117
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt047220
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04493517
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09124971
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09195423
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt019769
IRS990/TravelGrp/TotalAmt019769
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0187049
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0312731
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03833 LEAPHART ROAD
IRS990/USAddress/CityNm0WEST COLUMBIA
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029169
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.GRAYCOLLEGIATEACADEMY.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERESA BRAZELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02394721323
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRAY COLLEGIATE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAY
ReturnHeader/Filer/EIN0800912325
ReturnHeader/Filer/PhoneNum08039513321
ReturnHeader/Filer/USAddress/AddressLine1Txt03833 LEAPHART RD
ReturnHeader/Filer/USAddress/CityNm0WEST COLUMBIA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$9,195,423
Liabilities
$8,882,692
Net assets
$312,731
Revenue
$4,493,517
Expenses
$4,367,835
Net income
$125,682
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$26.9$26.4$0.49$9.89$11.0$1.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.5$26.9$1.61$8.21$8.14$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.5$12.9$1.55$7.40$5.81$1.58
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$12.9$0.03$5.60$5.99$0.39
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.82$9.46$0.36$5.38$5.03$0.34
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.21$9.20$0.01$4.80$4.98$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.19$8.99$0.19$4.42$4.54$0.12
2016Detailed filing. Detailed filing data is available for this year.$9.20$8.88$0.31$4.49$4.37$0.13
2015Summary only. Only limited summary data is available for this year.$9.12$8.94$0.19$3.47$3.28$0.19
2014Summary only. Only limited summary data is available for this year.$0.02$0.02$0.10$0.11$0.00