Civic Intelligence

New Key School Inc.

990 • Fiscal year 2019 • EIN 81-0661502

Aug 01, 2018 to Jul 31, 2019 • Filed on Jun 17, 2020

Organization ProfileWWW.KEYSCHOOLFTWORTH.ORG

View Organization Page

3947 East Loop 820 SouthFort Worth, TX 76119-4338

(817) 446-3738

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.09x

Higher debt load relative to assets than 42% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

38th percentile

0.10x

Higher debt load relative to revenue than 38% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

94th percentile

63%

Higher net margin than 94% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

44th percentile

$109,272

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

97th percentile

129%

Faster asset growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

95th percentile

127%

Faster revenue growth than 95% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Up

$7,384,507

Up $4,153,525 (+129%) from 2018

Net Assets

Up

$6,709,801

Up $4,498,733 (+203%) from 2018

Liabilities

Down

$674,706

Down $345,208 (-34%) from 2018

Revenue And Expenses
Liabilities / Revenue38th percentileNet Margin94th percentile

Revenue

Up

$7,090,568

Up $3,965,721 (+127%) from 2018

Expenses

Up

$2,591,835

Up $34,731 (+1.4%) from 2018

Net Income

Up

$4,498,733

Up $3,930,990 (+692%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$15M$10M$5.0M$0Assets 2011: $1,198,075Liabilities 2011: $257,931Net Assets 2011: $940,1442011Assets 2012: $1,299,697Liabilities 2012: $282,251Net Assets 2012: $1,017,4462012Assets 2013: $1,301,075Liabilities 2013: $211,802Net Assets 2013: $1,089,2732013Assets 2014: $1,558,575Liabilities 2014: $307,326Net Assets 2014: $1,251,2492014Assets 2015: $2,153,116Liabilities 2015: $783,780Net Assets 2015: $1,369,3362015Assets 2016: $2,376,294Liabilities 2016: $930,004Net Assets 2016: $1,446,2902016Assets 2017: $2,894,250Liabilities 2017: $1,250,925Net Assets 2017: $1,643,3252017Assets 2018: $3,230,982Liabilities 2018: $1,019,914Net Assets 2018: $2,211,0682018Assets 2019: $7,384,507Liabilities 2019: $674,706Net Assets 2019: $6,709,8012019Assets 2020: $10,141,914Liabilities 2020: $1,160,954Net Assets 2020: $8,980,9602020Assets 2021: $12,332,466Liabilities 2021: $1,470,379Net Assets 2021: $10,862,0872021Assets 2022: $11,631,181Liabilities 2022: $395,397Net Assets 2022: $11,235,7842022Assets 2023: $11,856,978Liabilities 2023: $824,919Net Assets 2023: $11,032,0592023

Highlighted filing

2019

Assets$7,384,507
Liabilities$674,706
Net Assets$6,709,801
Open 2019 Filing

Operations Trend

Revenue Growth95th 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: $1,728,961Expenses 2011: $1,689,232Net Income 2011: $39,7292011Revenue 2012: $1,994,842Expenses 2012: $1,917,540Net Income 2012: $77,3022012Revenue 2013: $2,034,292Expenses 2013: $1,962,465Net Income 2013: $71,8272013Revenue 2014: $2,294,471Expenses 2014: $2,132,495Net Income 2014: $161,9762014Revenue 2015: $2,386,127Expenses 2015: $2,268,040Net Income 2015: $118,0872015Revenue 2016: $2,569,560Expenses 2016: $2,356,631Net Income 2016: $212,9292016Revenue 2017: $2,657,102Expenses 2017: $2,460,068Net Income 2017: $197,0342017Revenue 2018: $3,124,847Expenses 2018: $2,557,104Net Income 2018: $567,7432018Revenue 2019: $7,090,568Expenses 2019: $2,591,835Net Income 2019: $4,498,7332019Revenue 2020: $4,892,573Expenses 2020: $2,621,414Net Income 2020: $2,271,1592020Revenue 2021: $4,757,721Expenses 2021: $2,376,594Net Income 2021: $2,381,1272021Revenue 2022: $3,613,314Expenses 2022: $3,239,617Net Income 2022: $373,6972022Revenue 2023: $3,568,909Expenses 2023: $3,772,634Net Income 2023: -$203,7252023

Highlighted filing

2019

Revenue$7,090,568
Expenses$2,591,835
Net Income$4,498,733
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2018 to Jul 31, 2019
Signed
Jun 17, 2020
Return Version
2018v3.1
Gross Receipts
$7,112,365
Mission and Program Overview

Mission

Unleashing student and teacher success with individualized instruction, training, and advocacy.

Overcoming learning differences to create individualized educational success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$661,068$2,878,557▲ $2,217,489
Land, Buildings, and Equipment, Net$212,554$1,746,206▲ $1,533,652
Cash and Non-Interest-Bearing Accounts$1,459,727$1,260,296▼ $199,431
Pledges and Grants Receivable$91,778$984,917▲ $893,139
Intangible Assets$410,288$410,288→ $0
Loans From Officers Directors$212,956$156,230▼ $56,726
Accounts Receivable$363,325$59,805▼ $303,520
Prepaid Expenses and Deferred Charges$32,242$44,438▲ $12,196
Total Assets$3,230,982$7,384,507▲ $4,153,525
Liabilities
Deferred Revenue$676,425$406,170▼ $270,255
Accounts Payable and Accrued Expenses$42,390$70,878▲ $28,488
Mortgage Notes Payable Secured by Investment Property$88,143$41,428▼ $46,715
Total Liabilities$1,019,914$674,706▼ $345,208
Net Assets / Fund Balance
Temporarily Rstr Net Assets$699,309$3,917,352▲ $3,218,043
Unrestricted Net Assets$1,511,759$2,792,449▲ $1,280,690
Total Net Assets Fund Balance$2,211,068$6,709,801▲ $4,498,733
Total Liabilities and Net Assets / Fund Balance$3,230,982$7,384,507▲ $4,153,525

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$869,897$23,171$893,068
Land$800,000-$800,000
Equipment$3,257$261,100$264,357
Leasehold Improvements$73,052$47,659$120,711

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$799,678$5,181,997-$2,004,323$3,917,352
2017$207,340$938,132-$239,294$799,678
2016$187,195$160,735-$18,735$207,340
2015-$367,436-$66,191$187,195
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kerri BensonExecutive DirectorFT$108,583$689$109,272

Board Members and Trustees

NameTitle
Melissa DavisChair of Development Commi
Katie RobertsChair of Governance Commit
Carla Brumley BrownPresident
Kay WadeVice President
Cathy Neece BrownDirector
John Richardson MdDirector
Kelly FeikDirector
Rachel FikseDirector
Rodney LeeDirector
Sam SmartDirector
Zach WalkerDirector
Amy LaddSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,355,368
Program Service Revenue
$1,726,381
Investment Income
$14,843
Other Revenue
$-6,024
All Other Contributions
$5,318,384
Change in Net Assets
$4,498,733

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$266,199Fair Market Value
Other Non Cash Contri Table77$12,777Fair Market Value
Total Noncash Contributions79$278,976-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,030,568
Revenue Not Reported on Financial Statements
$60,000
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$60,000
Total Revenue per Audited Statements
$7,030,568
Total Revenue per Form 990
$7,090,568
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,692,033
Other Expenses$676,402
Total Fundraising Expense$314,884
Professional Fundraising Fees$163,400
Grants and Similar Amounts Paid$60,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,148,224$227,767$65,842$1,441,833
Fees for Services Professional Fundraising--$163,400$163,400
Occupancy$154,577$5,001$3,134$162,712
Payroll Taxes$98,634$23,505$9,724$131,863
Current Officers, Directors, Trustees, and Key Employees$10,830$48,734$48,734$108,298
Information Technology$74,774$30,038-$104,812
Depreciation Depletion$35,842$30,436-$66,278
Grants to Domestic Individuals$60,000--$60,000
Fees for Services Other$49,197$2,114-$51,311
Office Expenses$32,842$9,570$4,643$47,055
All Other Expenses$8,098$24,459$1,703$34,260
Advertising$29,035--$29,035
Insurance$13,472$2,219$158$15,849
Fees for Services Accounting-$15,055-$15,055
Other Expenses$24,695-$14,922$14,922
Other Employee Benefits$6,990$1,372$386$8,748
Interest$4,889$3,259-$8,148
Travel$330$824$2,143$3,297
Fees for Services Legal-$2,738-$2,738
Pension Plan Contributions$966$230$95$1,291
Total Functional Expenses$1,849,630$427,321$314,884$2,591,835

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,591,835
Expenses per Audited Statements$2,531,835
Total Expenses per Audited Statements$2,531,835
Expenses Not Reported on Financial Statements$60,000
Other Expense Adjustments$60,000
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$163,400
Fundraising Direct Expenses$21,797
Fundraising Gross Income$15,582

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$51,566$14,582$1,206$13,376
Total Events$51,566$14,582$14,633$-51
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Zach WalkerBoard MemberTuitionNo$18,500
Melissa DavisBoard MemberTuitionNo$18,300
Tracy DawnBoard MemberTuitionNo$14,750

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$212,956$156,230▼ $56,726
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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 A, Line 8B

“The organization does not have any committees with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“A draft of the form 990 is presented to the board of directors and school director for review prior to filing. After approval, the board passes a motion to accept the form 990.”

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

“The new key school administrators monitor any circumstances which would be considered a conflict of interest according to the written policy and ensures that such instances are reported to members of the board of directors. This policy covers any person serving as an officer, employee or member of the board of directors of the organization. Any member with a conflict of interest must disclose all facts material to the conflict of interest to the board of directors, and such disclosures shall be reflected in the minutes of the meeting. Any person with a conflict of interest shall not participate in or hear the board or committee's discussion of the matter except to disclose material facts and to respond to questions. This person shall not vote on the matter and shall not be present when the vote is taken. Each responsible person shall annually complete a disclosure form identifying any relationships, positions or circumstances in which the responsible person is involved that he or she believes could contribute to a conflict of interest arising. This policy shall be reviewed annually by each member of the board of directors.”

Form 990, Part VI, Section B, Line 15

“A salary review is conducted that compares pay rates and scales for similar positions at both a local and national level. Pay rates are established comparable to other school leaders. Key employee pay scales are periodically compared to those of other local educational agencies and are either equivalent or less than the rates paid by other schools. A salary review was last conducted in 2017 by the finance committee and the salary task force committee. Recommendations from the committees are presented to the board for approval and are documented in the meeting's minutes.”

Form 990, Part VI, Section C, Line 19

“The school provides such documentation to potential donors, contributors and others upon request.”

Filing and Contact Details

Filer

Filer Name
The New Key School Inc
EIN
81-0661502
Phone
8174463738
Address
3947 EAST LOOP 820 SOUTH, FORT WORTH, TX 76119-4338

Signing Officer

Name
Kerri Benson
Title
Executive Director
Phone
8174463738
Signed
2020-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kerri Benson
Formed
2004
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
12
Employees
69
Volunteers
25

Preparer

Firm
Cliftonlarsonallen Llp
Address
801 CHERRY ST SUITE 1400, FORT WORTH, TX 76102
Preparer
Michaela J Cromar CPA
Phone
8178775000
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“Temporarilly restricted funds are largely restricted for scholarships, special programs, and for the construction of a new facility.”

PART X, LINE 2:

“The school believes it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements. The school did not pay or incur any tax related penalties or interest during the year ended july 31, 2019 or 2018.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid expense 60,000.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid expense 60,000.”

Raw XML AppendixShowing 400 of 624 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/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/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR OF GOVERNANCE COMMIT
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR OF DEVELOPMENT COMMI
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt036984
IRS990/FundraisingDirectExpensesAmt021797
IRS990/FundraisingGrossIncomeAmt015582
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt060000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt060000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt060000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossReceiptsAmt07112365
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt030038
IRS990/InformationTechnologyGrp/ProgramServicesAmt074774
IRS990/InformationTechnologyGrp/TotalAmt0104812
IRS990/InsuranceGrp/FundraisingAmt0158
IRS990/InsuranceGrp/ManagementAndGeneralAmt02219
IRS990/InsuranceGrp/ProgramServicesAmt013472
IRS990/InsuranceGrp/TotalAmt015849
IRS990/IntangibleAssetsGrp/BOYAmt0410288
IRS990/IntangibleAssetsGrp/EOYAmt0410288
IRS990/InterestGrp/ManagementAndGeneralAmt03259
IRS990/InterestGrp/ProgramServicesAmt04889
IRS990/InterestGrp/TotalAmt08148
IRS990/InvestmentIncomeGrp/ExclusionAmt014843
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt014843
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0331930
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0212554
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01746206
IRS990/LandBldgEquipCostOrOtherBssAmt02078136
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0212956
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0156230
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NEW KEY SCHOOL IS A FULLY ACCREDITED SPECIAL PURPOSE PRIVATE SCHOOL WHICH EDUCATES STUDENTS WITH SPECIAL LEARNING NEEDS. THE SCHOOL OPERATES A REGULAR NINE MONTH SCHOOL AND A SUMMER PROGRAM.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt088143
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt041428
IRS990/NetAssetsOrFundBalancesBOYAmt02211068
IRS990/NetAssetsOrFundBalancesEOYAmt06709801
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-6215
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-6215
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt0278976
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt03134
IRS990/OccupancyGrp/ManagementAndGeneralAmt05001
IRS990/OccupancyGrp/ProgramServicesAmt0154577
IRS990/OccupancyGrp/TotalAmt0162712
IRS990/OfficeExpensesGrp/FundraisingAmt04643
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09570
IRS990/OfficeExpensesGrp/ProgramServicesAmt032842
IRS990/OfficeExpensesGrp/TotalAmt047055
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0386
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01372
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06990
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08748
IRS990/OtherExpensesGrp/Desc0CLASSROOM MATERIALS
IRS990/OtherExpensesGrp/Desc1STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc2STRATEGIC PLANNING
IRS990/OtherExpensesGrp/Desc3FUNDRAISING EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt014922
IRS990/OtherExpensesGrp/ProgramServicesAmt049395
IRS990/OtherExpensesGrp/ProgramServicesAmt146840
IRS990/OtherExpensesGrp/ProgramServicesAmt224695
IRS990/OtherExpensesGrp/TotalAmt049395
IRS990/OtherExpensesGrp/TotalAmt146840
IRS990/OtherExpensesGrp/TotalAmt224695
IRS990/OtherExpensesGrp/TotalAmt314922
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0191
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0191
IRS990/OtherRevenueTotalAmt0191
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt065842
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0227767
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01148224
IRS990/OtherSalariesAndWagesGrp/TotalAmt01441833
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt09724
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt023505
IRS990/PayrollTaxesGrp/ProgramServicesAmt098634
IRS990/PayrollTaxesGrp/TotalAmt0131863
IRS990/PensionPlanContributionsGrp/FundraisingAmt095
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0230
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0966
IRS990/PensionPlanContributionsGrp/TotalAmt01291
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt091778
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0984917
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032242
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt044438
IRS990/PrincipalOfficerNm0KERRI BENSON
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1BOOKS, MEALS & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01566523
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1159858
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01566523
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1159858
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01076451
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0106500
IRS990/PYInvestmentIncomeAmt0554
IRS990/PYOtherExpensesAmt0658160
IRS990/PYOtherRevenueAmt0-1652
IRS990/PYProgramServiceRevenueAmt02049494
IRS990/PYRevenuesLessExpensesAmt0567743
IRS990/PYSalariesCompEmpBnftPaidAmt01645544
IRS990/PYTotalExpensesAmt02557104
IRS990/PYTotalProfFndrsngExpnsAmt0146900
IRS990/PYTotalRevenueAmt03124847
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04498733
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01726381
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0661068
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02878557
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/CYEndwmtFundGrp/BeginningYearBalanceAmt0799678
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt05181997
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03917352
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt060000
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt02004323
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0207340
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0938132
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0799678
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0106500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0239294
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0187195
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0160735
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0207340
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0121855
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt018735
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0367436
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0187195
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0114050
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt066191
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03257
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0261100
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0264357
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt060000
IRS990ScheduleD/ExpensesSubtotalAmt02531835
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0800000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0800000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt073052
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt047659
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0120711
IRS990ScheduleD/OtherExpensesNotIncludedAmt060000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0869897
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023171
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0893068
IRS990ScheduleD/OtherRevenuesNotIncludedAmt060000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt060000
IRS990ScheduleD/RevenueSubtotalAmt07030568
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TEMPORARILLY RESTRICTED FUNDS ARE LARGELY RESTRICTED FOR SCHOLARSHIPS, SPECIAL PROGRAMS, AND FOR THE CONSTRUCTION OF A NEW FACILITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE SCHOOL DID NOT PAY OR INCUR ANY TAX RELATED PENALTIES OR INTEREST DURING THE YEAR ENDED JULY 31, 2019 OR 2018.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FINANCIAL AID EXPENSE 60,000.

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,384,507
Liabilities
$674,706
Net assets
$6,709,801
Revenue
$7,090,568
Expenses
$2,591,835
Net income
$4,498,733
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$11.9$0.82$11.0$3.57$3.77$0.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.6$0.40$11.2$3.61$3.24$0.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.3$1.47$10.9$4.76$2.38$2.38
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$1.16$8.98$4.89$2.62$2.27
2019Detailed filing. Detailed filing data is available for this year.$7.38$0.67$6.71$7.09$2.59$4.50
2018Summary only. Only limited summary data is available for this year.$3.23$1.02$2.21$3.12$2.56$0.57
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.89$1.25$1.64$2.66$2.46$0.20
2016Detailed filing. Detailed filing data is available for this year.$2.38$0.93$1.45$2.57$2.36$0.21
2015Detailed filing. Detailed filing data is available for this year.$2.15$0.78$1.37$2.39$2.27$0.12
2014Summary only. Only limited summary data is available for this year.$1.56$0.31$1.25$2.29$2.13$0.16
2013Summary only. Only limited summary data is available for this year.$1.30$0.21$1.09$2.03$1.96$0.07
2012Summary only. Only limited summary data is available for this year.$1.30$0.28$1.02$1.99$1.92$0.08
2011Summary only. Only limited summary data is available for this year.$1.20$0.26$0.94$1.73$1.69$0.04