Civic Intelligence

Prep Public Schools

990 • Fiscal year 2022 • EIN 81-3512812

Jul 01, 2021 to Jun 30, 2022 • Filed on Jan 25, 2023

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

56th percentile

0.17x

Higher debt load relative to assets than 56% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

40th percentile

0.10x

Higher debt load relative to revenue than 40% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

66th percentile

17%

Higher net margin than 66% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

44th percentile

$109,610

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

92nd percentile

65%

Faster asset growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

88th percentile

69%

Faster revenue growth than 88% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$3,883,592

Up $1,527,031 (+65%) from 2021

Net Assets

Up

$3,235,316

Up $1,030,570 (+47%) from 2021

Liabilities

Up

$648,276

Up $496,461 (+327%) from 2021

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin66th percentile

Revenue

Up

$6,245,127

Up $2,540,261 (+69%) from 2021

Expenses

Up

$5,214,556

Up $1,537,638 (+42%) from 2021

Net Income

Up

$1,030,571

Up $1,002,623 (+3587%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth92nd 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

2022

Assets$3,883,592
Liabilities$648,276
Net Assets$3,235,316
Open 2022 Filing

Operations Trend

Revenue Growth88th 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

2022

Revenue$6,245,127
Expenses$5,214,556
Net Income$1,030,571
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 25, 2023
Return Version
2021v4.2
Gross Receipts
$6,249,035
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$1,686,310$2,139,856▲ $453,546
Pledges and Grants Receivable$1,023,577$1,429,572▲ $405,995
Cash and Non-Interest-Bearing Accounts$730,541$1,052,754▲ $322,213
Rtn Earn Endowment Incm Other Fnds$185,064$789,846▲ $604,782
Land, Buildings, and Equipment, Net$333,372$305,614▼ $27,758
Pd in Cap Srpls Land Bldg Eqp Fund$333,372$305,614▼ $27,758
Prepaid Expenses and Deferred Charges$38,563$87,768▲ $49,205
Accounts Receivable-$23,746-
Total Assets$2,356,561$3,883,592▲ $1,527,031
Other Assets Total$230,508$984,138▲ $753,630
Liabilities
Other Liabilities$79,274$583,863▲ $504,589
Accounts Payable and Accrued Expenses$72,541$64,413▼ $8,128
Total Liabilities$151,815$648,276▲ $496,461
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,204,746$3,235,316▲ $1,030,570
Total Liabilities and Net Assets / Fund Balance$2,356,561$3,883,592▲ $1,527,031

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$258,814$271,585$530,399
Other Land Buildings$15,745$23,617$39,362
Leasehold Improvements$31,055$6,837$37,892
Other Assets Org$110,531--
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Brad ScottCEOFT$109,610$109,610

Board Members and Trustees

NameTitle
Ted AllingChair
Kelly AllingVice Chair
Aaron WebbDirector
Armando RodriguezDirector
Ashley AtkinsDirector
Daniel PackDirector
David Rice MdDirector
Joe MartinDirector
Moise BaptisteDirector
Natalie JacksonDirector
S Dave Bhattacharya MdDirector
Shewanee Howard-baptisteDirector
Sue Anne Wells PhdDirector
Ward DavenportDirector
Wonjen BagleyDirector
Edna VarnerSecretary
David CainesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,157,036
Program Service Revenue
$91,999
Investment Income
$0
Other Revenue
$-3,908
All Other Contributions
$1,314,650
Change in Net Assets
$1,030,571

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$97,902Fair Market Value
Total Noncash Contributions1$97,902-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,245,127
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$790,208
Total Revenue per Audited Statements
$7,035,335
Total Revenue per Form 990
$6,245,127
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,012,032
Other Expenses$1,782,910
Grants and Similar Amounts Paid$419,614
Total Fundraising Expense$234,309
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,709,442$638,854$64,731$2,413,027
Fees for Services Other$357,635$419,002$110,919$887,556
Grants to Domestic Orgs$419,614--$419,614
Other Employee Benefits$131,497$136,784$15,676$283,957
Occupancy$128,780$71,480-$200,260
Payroll Taxes$130,188$57,693$4,895$192,776
Current Officers, Directors, Trustees, and Key Employees$122,272--$122,272
Depreciation Depletion-$99,498-$99,498
Insurance-$61,846-$61,846
Other Expenses$59,984$156,711$36,256$59,984
Travel$6,158$13,660-$19,818
Advertising-$5,112-$5,112
Office Expenses-$2,375$1,832$4,207
Total Functional Expenses$3,317,232$1,663,015$234,309$5,214,556

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,123,003
Total Expenses per Form 990$5,214,556
Expenses per Audited Statements$5,115,058
Expenses Not Reported on Form 990$1,007,945
Expenses Not Reported on Financial Statements$99,498
Other Expense Adjustments$99,498
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Friends of Chattanooga Prep IncChattanooga, TN501(c)(3)For the Support of the Organization$419,614
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3,908
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Breakfast of Champions$86,934-$3,908-
Total Events$86,934-$3,908$-3,908
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$583,863
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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
Prep Public Schools
EIN
81-3512812
Phone
4236645722
Address
1802 BAILEY AVENUE, CHATTANOOGA, TN 37404

Signing Officer

Name
Ted Alling
Title
Chair
Phone
4236645722
Signed
2023-01-25

Organization Details

Principal Officer
Ted Alling
Formed
2017
Legal Domicile
Tn
Voting Board Members
17
Independent Board Members
17
Employees
77
Volunteers
25

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 357,635. Management and general expenses 419,002. Fundraising expenses 110,919. Total expenses 887,556.”

FORM 990, PART XI, LINE 9:

“ROUNDING -1.”

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, 2022,there were no interest or penalties recorded and included in the these financial statements. The returns for the years ended june 30,2019 and beyond remain subject to examination.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“FUNDRAISING 3,908.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Capital outlay 71,741. Increase in pension liability 138,510. Compensated absences 7,486. Fundraising 3,908.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“DEPRECIATION 99,498.”

Raw XML AppendixShowing 400 of 577 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/ActivityOrMissionDesc0CHATTANOOGA 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.
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IRS990/Desc0THE PRIMARY SERVICE ACCIMPLISHMENT IS PROVIDING QUALITY EDUCATION TO THE COMMUNITY'S MOST VULNERABLE POPULATIONS. THE COMPREHENSIVE,COLLEGE PREPARATORY CURRICULUM IS CENTERED AROUND THEMES OF INNOVATION AND LEADERSHIP DEVELOPMENT, WHICH ARE INFUSED ACROSS RIGOROUS COURSEWORK IN LITERACY AND COMMUNICATION, SCIENCE, TECHNOLOGY, ENGINEERING, MATHEMATICS, THE ARTS, AND SOCIAL/CULTURAL STUDIES. THE CURRICULUM HAS BEEN CAREFULLY AND INTENTIONALLY DESIGNED TO AMELIORATE SPECIFIC BARRIERS THAT NEGATIVELY IMPACT STUDENT ACHIEVEMENT AMONG BOYS AND YOUNG MEN EXPERIENCING POVERTY WITHIN HAMILTON COUNTY.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17109610
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/TitleTxt17CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt086934
IRS990/FundraisingDirectExpensesAmt03908
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GovernmentGrantsAmt04755452
IRS990/GrantAmt0419614
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0419614
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0419614
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06249035
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt061846
IRS990/InsuranceGrp/TotalAmt061846
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt028
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0302039
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0333372
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0305614
IRS990/LandBldgEquipCostOrOtherBssAmt0607653
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/NameChangeInd0X
IRS990/NetAssetsOrFundBalancesBOYAmt02204746
IRS990/NetAssetsOrFundBalancesEOYAmt03235316
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-3908
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-3908
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt0105098
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt071480
IRS990/OccupancyGrp/ProgramServicesAmt0128780
IRS990/OccupancyGrp/TotalAmt0200260
IRS990/OfficeExpensesGrp/FundraisingAmt01832
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02375
IRS990/OfficeExpensesGrp/TotalAmt04207
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0230508
IRS990/OtherAssetsTotalGrp/EOYAmt0984138
IRS990/OtherChangesInNetAssetsAmt0-1
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt015676
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0136784
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0131497
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0283957
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/FundraisingAmt036256
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0156711
IRS990/OtherExpensesGrp/ProgramServicesAmt0251662
IRS990/OtherExpensesGrp/ProgramServicesAmt159984
IRS990/OtherExpensesGrp/TotalAmt0444629
IRS990/OtherExpensesGrp/TotalAmt159984
IRS990/OtherLiabilitiesGrp/BOYAmt079274
IRS990/OtherLiabilitiesGrp/EOYAmt0583863
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt064731
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0638854
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01709442
IRS990/OtherSalariesAndWagesGrp/TotalAmt02413027
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04895
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt057693
IRS990/PayrollTaxesGrp/ProgramServicesAmt0130188
IRS990/PayrollTaxesGrp/TotalAmt0192776
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0333372
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0305614
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01023577
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01429572
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038563
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt087768
IRS990/PrincipalOfficerNm0TED ALLING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0ATHLETIC DEPARTMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt091999
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt091999
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03703319
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0216599
IRS990/PYInvestmentIncomeAmt0-22
IRS990/PYOtherExpensesAmt0955797
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01569
IRS990/PYRevenuesLessExpensesAmt027948
IRS990/PYSalariesCompEmpBnftPaidAmt02504522
IRS990/PYTotalExpensesAmt03676918
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03704866
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01030571
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt091999
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0185064
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0789846
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/DonatedServicesAndUseFcltsAmt0786300
IRS990ScheduleD/DonatedServicesUseFcltsAmt0786300
IRS990ScheduleD/EquipmentGrp/BookValueAmt0258814
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0271585
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0530399
IRS990ScheduleD/ExpensesNotReportedAmt01007945
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt099498
IRS990ScheduleD/ExpensesSubtotalAmt05115058
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt031055
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06837
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt037892
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0267021
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1606586
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2110531
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NET PENSION ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE TRUST ASSET
IRS990ScheduleD/OtherExpensesIncludedAmt0221645
IRS990ScheduleD/OtherExpensesNotIncludedAmt099498
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015745
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023617
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt039362
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0583863
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS
IRS990ScheduleD/OtherRevenueAmt03908
IRS990ScheduleD/RevenueNotReportedAmt0790208
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06245127
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, 2022,THERE WERE NO INTEREST OR PENALTIES RECORDED AND INCLUDED IN THE THESE FINANCIAL STATEMENTS. THE RETURNS FOR THE YEARS ENDED JUNE 30,2019 AND BEYOND REMAIN SUBJECT TO EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING 3,908.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CAPITAL OUTLAY 71,741. INCREASE IN PENSION LIABILITY 138,510. COMPENSATED ABSENCES 7,486. FUNDRAISING 3,908.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3DEPRECIATION 99,498.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0305614
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0984138
IRS990ScheduleD/TotalExpensesPerForm990Amt05214556
IRS990ScheduleD/TotalLiabilityAmt0583863
IRS990ScheduleD/TotalRevenuePerForm990Amt06245127
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07035335
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06123003
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,883,592
Liabilities
$648,276
Net assets
$3,235,316
Revenue
$6,245,127
Expenses
$5,214,556
Net income
$1,030,571
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