Civic Intelligence

Prep Public Schools

990 • Fiscal year 2019 • EIN 81-3512812

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 10, 2020

Organization ProfileCHATTANOOGAPREP.COM
1802 Bailey AvenueChattanooga, TN 37404

(423) 664-5722

Siviq Scores

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

Liabilities / Assets

39th percentile

0.04x

Higher debt load relative to assets than 39% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

33rd percentile

0.03x

Higher debt load relative to revenue than 33% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

67th percentile

11%

Higher net margin than 67% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

72nd percentile

13%

Faster asset growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

59th percentile

7.9%

Faster revenue growth than 59% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$2,110,272

Up $242,256 (+13%) from 2018

Net Assets

Up

$2,035,178

Up $249,809 (+14%) from 2018

Liabilities

Down

$75,094

Down $7,553 (-9.1%) from 2018

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin67th percentile

Revenue

Up

$2,267,205

Up $165,473 (+7.9%) from 2018

Expenses

Up

$2,017,396

Up $1,701,033 (+538%) from 2018

Net Income

Down

$249,809

Down $1,535,560 (-86%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

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

$6.0M$4.0M$2.0M$0Assets 2018: $1,868,016Liabilities 2018: $82,647Net Assets 2018: $1,785,3692018Assets 2019: $2,110,272Liabilities 2019: $75,094Net Assets 2019: $2,035,1782019Assets 2020: $2,594,107Liabilities 2020: $347,311Net Assets 2020: $2,246,7962020Assets 2021: $2,356,561Liabilities 2021: $151,815Net Assets 2021: $2,204,7462021Assets 2022: $3,883,592Liabilities 2022: $648,276Net Assets 2022: $3,235,3162022Assets 2023: $3,014,774Liabilities 2023: $359,333Net Assets 2023: $2,655,4412023Assets 2024: $4,624,111Liabilities 2024: $608,652Net Assets 2024: $4,015,4592024

Highlighted filing

2019

Assets$2,110,272
Liabilities$75,094
Net Assets$2,035,178
Open 2019 Filing

Operations Trend

Revenue Growth59th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2018: $2,101,732Expenses 2018: $316,363Net Income 2018: $1,785,3692018Revenue 2019: $2,267,205Expenses 2019: $2,017,396Net Income 2019: $249,8092019Revenue 2020: $3,025,093Expenses 2020: $2,816,588Net Income 2020: $208,5052020Revenue 2021: $3,704,866Expenses 2021: $3,676,918Net Income 2021: $27,9482021Revenue 2022: $6,245,127Expenses 2022: $5,214,556Net Income 2022: $1,030,5712022Revenue 2023: $6,672,136Expenses 2023: $7,315,586Net Income 2023: -$643,4502023Revenue 2024: $10,992,814Expenses 2024: $9,386,954Net Income 2024: $1,605,8602024

Highlighted filing

2019

Revenue$2,267,205
Expenses$2,017,396
Net Income$249,809
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 10, 2020
Return Version
2018v3.1
Gross Receipts
$2,267,205
Mission and Program Overview

Mission

Chattanooga prep is an all-boys public charter school with a mission to engage young men in a rigorous yet supportive learning environment that nurtures resilience, promotes academic excellence, inspires leadership, and prepares critical thinkers. Chattanooga prep welcomed its first class of 66 sixth graders in august 2018 and will grow to serve 350 young men in grades 6-12 over the next seven years.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$1,598,265$1,210,825▼ $387,440
Pledges and Grants Receivable$1,366,779$1,128,042▼ $238,737
Cash and Non-Interest-Bearing Accounts$167,622$558,227▲ $390,605
Rtn Earn Endowment Incm Other Fnds$61,827$485,723▲ $423,896
Land, Buildings, and Equipment, Net$125,277$338,630▲ $213,353
Pd in Cap Srpls Land Bldg Eqp Fund$125,277$338,630▲ $213,353
Accounts Receivable$148,662$0▼ $148,662
Prepaid Expenses and Deferred Charges$5,852$18,855▲ $13,003
Total Assets$1,868,016$2,110,272▲ $242,256
Other Assets Total$53,824$66,518▲ $12,694
Liabilities
Accounts Payable and Accrued Expenses$82,647$58,975▼ $23,672
Other Liabilities$0$16,119▲ $16,119
Total Liabilities$82,647$75,094▼ $7,553
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,785,369$2,035,178▲ $249,809
Total Liabilities and Net Assets / Fund Balance$1,868,016$2,110,272▲ $242,256

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$311,896$40,025$351,921
Leasehold Improvements$26,734$658$27,392
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeOtherTotal
Elaine SwaffordExecutive DirectorFT$81,304$81,304

Board Members and Trustees

NameTitle
Ted AllingChair
Kelly AllingVice Chair
Armando RodriguezDirector
Daniel PackDirector
David Rice MdDirector
Edna VarnerDirector
Jennifer HarveyDirector
Joe MartinDirector
Krue BrockDirector
Meredith PerryDirector
Moise BaptisteDirector
Natalie JacksonDirector
S Dave Bhattacharya MdDirector
Shewanee Howard-baptisteDirector
Steve CoxDirector
Sue Anne Wells PhdDirector
Susan MaclellanDirector
Ward DavenportDirector
Sean KaneSecretary
David CainesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,247,943
Program Service Revenue
$7,085
Investment Income
$0
Other Revenue
$12,177
All Other Contributions
$1,252,089
Change in Net Assets
$249,809

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,267,205
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$144,000
Total Revenue per Audited Statements
$2,411,205
Total Revenue per Form 990
$2,267,205
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,250,063
Other Expenses$767,333
Total Fundraising Expense$143,483
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$541,396$452,433$31,970$1,025,799
Fees for Services Other$200,243$176,803$98,534$475,580
Other Employee Benefits$38,630$53,125-$91,755
Payroll Taxes$38,520$36,038$2,446$77,004
Pension Plan Contributions$23,834$28,665$3,006$55,505
Occupancy$35,985$14,047-$50,032
Depreciation Depletion-$39,904-$39,904
Travel$20,610$5,142-$25,752
Insurance-$20,703-$20,703
Other Expenses$16,889$53,412$7,153$16,889
Office Expenses$1,830$1,247$374$3,451
Advertising-$1,325-$1,325
Total Functional Expenses$991,069$882,844$143,483$2,017,396

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,407,852
Total Expenses per Form 990$2,017,396
Expenses per Audited Statements$1,977,492
Expenses Not Reported on Form 990$430,360
Expenses Not Reported on Financial Statements$39,904
Other Expense Adjustments$39,904
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
Deferred Inflows$8,562
Net Pension Liability$7,557
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Board members ted alling and kelly alling are married. Board members shewanee howard-baptiste and moise baptiste are married.”

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

“This return will be reviewed by the board before filed.”

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

“Each director must promptly and fully report to the board chair any situation that may create a conflict of interest. Chattanooga prep sends a copy of the policy statement and the conflict of interest disclosure statement annually to be signed by each director.”

Form 990, Part VI, Section C, Line 19

“No documents are made available to the public.”

Filing and Contact Details

Filer

Filer Name
Chattanooga Prep Inc
EIN
81-3512812
Phone
4236645722
Address
1802 BAILEY AVENUE, CHATTANOOGA, TN 37404

Signing Officer

Name
Ted Alling
Title
Chair
Phone
4236645722
Signed
2020-04-10

Organization Details

Principal Officer
Ted Alling
Formed
2017
Legal Domicile
Tn
Voting Board Members
20
Independent Board Members
20
Employees
37
Volunteers
302

Preparer

Firm
Johnson Hickey & Murchison Pc
Address
2215 OLAN MILLS DRIVE, CHATTANOOGA, TN 37421
Preparer
M Ethan Miller
Phone
4237560052
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contracted services: program service expenses 200,243. Management and general expenses 176,803. Fundraising expenses 98,534. Total expenses 475,580.”

Financial Statement Notes

PART X, LINE 2:

“The school is a nonprofit organization that is exempt from federal income taxes under the internal revenue code and classified by the internal revenue service as other than a private foundation and is similarly exempt from state income taxes. The school follows the requirements of professional literature regarding uncertain tax positions taken for tax return purposes when it is more likely than not the position will be sustained. The school does not believe there are any material uncertain tax positions and accordingly, it will not recognize any liability for unrecognized tax benefits. For the period ended june 30, 2019, there were no interest or penalties recorded and included in the these financial statements. The returns for the years ended june 30,2017 and beyond remain subject to examination.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Capital outlay 253,257. Increase in pension liability 33,103.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“DEPRECIATION 39,904.”

Raw XML AppendixShowing 400 of 560 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/ReportableCompFromRltdOrgAmt2081304
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt0995854
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02267205
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt020703
IRS990/InsuranceGrp/TotalAmt020703
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt040683
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0125277
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0338630
IRS990/LandBldgEquipCostOrOtherBssAmt0379313
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CHATTANOOGA PREP IS AN ALL-BOYS PUBLIC CHARTER SCHOOL WITH A MISSION TO ENGAGE YOUNG MEN IN A RIGOROUS YET SUPPORTIVE LEARNING ENVIRONMENT THAT NURTURES RESILIENCE, PROMOTES ACADEMIC EXCELLENCE, INSPIRES LEADERSHIP, AND PREPARES CRITICAL THINKERS. CHATTANOOGA PREP WELCOMED ITS FIRST CLASS OF 66 SIXTH GRADERS IN AUGUST 2018 AND WILL GROW TO SERVE 350 YOUNG MEN IN GRADES 6-12 OVER THE NEXT SEVEN YEARS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01785369
IRS990/NetAssetsOrFundBalancesEOYAmt02035178
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt01920
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt014047
IRS990/OccupancyGrp/ProgramServicesAmt035985
IRS990/OccupancyGrp/TotalAmt050032
IRS990/OfficeExpensesGrp/FundraisingAmt0374
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01247
IRS990/OfficeExpensesGrp/ProgramServicesAmt01830
IRS990/OfficeExpensesGrp/TotalAmt03451
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt053824
IRS990/OtherAssetsTotalGrp/EOYAmt066518
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt053125
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt038630
IRS990/OtherEmployeeBenefitsGrp/TotalAmt091755
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/FundraisingAmt07153
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt053412
IRS990/OtherExpensesGrp/ProgramServicesAmt073132
IRS990/OtherExpensesGrp/ProgramServicesAmt116889
IRS990/OtherExpensesGrp/TotalAmt0133697
IRS990/OtherExpensesGrp/TotalAmt116889
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt016119
IRS990/OtherRevenueMiscGrp/BusinessCd0611110
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt012177
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012177
IRS990/OtherRevenueTotalAmt012177
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt031970
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0452433
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0541396
IRS990/OtherSalariesAndWagesGrp/TotalAmt01025799
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02446
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt036038
IRS990/PayrollTaxesGrp/ProgramServicesAmt038520
IRS990/PayrollTaxesGrp/TotalAmt077004
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0125277
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0338630
IRS990/PensionPlanContributionsGrp/FundraisingAmt03006
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt028665
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt023834
IRS990/PensionPlanContributionsGrp/TotalAmt055505
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01366779
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01128042
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05852
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018855
IRS990/PrincipalOfficerNm0TED ALLING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0ATHLETIC DEPARTMENT
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07085
IRS990/ProhibitedTaxShelterTransInd00
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IRS990/PYExcessBenefitTransInd00
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IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt068316
IRS990/PYOtherRevenueAmt016870
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01785369
IRS990/PYSalariesCompEmpBnftPaidAmt0248047
IRS990/PYTotalExpensesAmt0316363
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02101732
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0249809
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt019262
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt061827
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0485723
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/DonatedServicesUseFcltsAmt0144000
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt040025
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0351921
IRS990ScheduleD/ExpensesNotReportedAmt0430360
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt039904
IRS990ScheduleD/ExpensesSubtotalAmt01977492
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0658
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt027392
IRS990ScheduleD/OtherExpensesIncludedAmt0286360
IRS990ScheduleD/OtherExpensesNotIncludedAmt039904
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07557
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18562
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS
IRS990ScheduleD/RevenueNotReportedAmt0144000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02267205
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION AND IS SIMILARLY EXEMPT FROM STATE INCOME TAXES. THE SCHOOL FOLLOWS THE REQUIREMENTS OF PROFESSIONAL LITERATURE REGARDING UNCERTAIN TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE SCHOOL DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE PERIOD ENDED JUNE 30, 2019, THERE WERE NO INTEREST OR PENALTIES RECORDED AND INCLUDED IN THE THESE FINANCIAL STATEMENTS. THE RETURNS FOR THE YEARS ENDED JUNE 30,2017 AND BEYOND REMAIN SUBJECT TO EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CAPITAL OUTLAY 253,257. INCREASE IN PENSION LIABILITY 33,103.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DEPRECIATION 39,904.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0338630
IRS990ScheduleD/TotalExpensesPerForm990Amt02017396
IRS990ScheduleD/TotalLiabilityAmt016119
IRS990ScheduleD/TotalRevenuePerForm990Amt02267205

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$2,110,272
Liabilities
$75,094
Net assets
$2,035,178
Revenue
$2,267,205
Expenses
$2,017,396
Net income
$249,809
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.62$0.61$4.02$11.0$9.39$1.61
2023Detailed filing. Detailed filing data is available for this year.$3.01$0.36$2.66$6.67$7.32$0.64
2022Detailed filing. Detailed filing data is available for this year.$3.88$0.65$3.24$6.25$5.21$1.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.36$0.15$2.20$3.70$3.68$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.59$0.35$2.25$3.03$2.82$0.21
2019Detailed filing. Detailed filing data is available for this year.$2.11$0.08$2.04$2.27$2.02$0.25
2018Detailed filing. Detailed filing data is available for this year.$1.87$0.08$1.79$2.10$0.32$1.79