Civic Intelligence

Prep Public Schools

990 • Fiscal year 2023 • EIN 81-3512812

Jul 01, 2022 to Jun 30, 2023 • Filed on Feb 21, 2024

Organization ProfileCHATTANOOGAPREP.COM
1849 Union AvenueChattanooga, TN 37404

(423) 664-5722

Siviq Scores

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

Liabilities / Assets

49th percentile

0.12x

Higher debt load relative to assets than 49% of similar nonprofits.

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

Liabilities / Revenue

26th percentile

0.05x

Higher debt load relative to revenue than 26% of similar nonprofits.

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

Net Margin

22nd percentile

-9.6%

Higher net margin than 22% of similar nonprofits.

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

Top Officer Pay

55th percentile

$137,499

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

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

Asset Growth

4th percentile

-22%

Faster asset growth than 4% of similar nonprofits.

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

Revenue Growth

51st percentile

6.8%

Faster revenue growth than 51% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$3,014,774

Down $868,818 (-22%) from 2022

Net Assets

Down

$2,655,441

Down $579,875 (-18%) from 2022

Liabilities

Down

$359,333

Down $288,943 (-45%) from 2022

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin22nd percentile

Revenue

Up

$6,672,136

Up $427,009 (+6.8%) from 2022

Expenses

Up

$7,315,586

Up $2,101,030 (+40%) from 2022

Net Income

Down

-$643,450

Down $1,674,021 (-162%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth4th 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

2023

Assets$3,014,774
Liabilities$359,333
Net Assets$2,655,441
Open 2023 Filing

Operations Trend

Revenue Growth51st 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

2023

Revenue$6,672,136
Expenses$7,315,586
Net Income-$643,450
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Feb 21, 2024
Return Version
2022v5.0
Gross Receipts
$6,693,820
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.

Prep public schools 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. Prep public schools 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$2,139,856$1,410,405▼ $729,451
Cash and Non-Interest-Bearing Accounts$1,052,754$1,115,279▲ $62,525
Rtn Earn Endowment Incm Other Fnds$789,846$943,953▲ $154,107
Pledges and Grants Receivable$1,429,572$675,297▼ $754,275
Land, Buildings, and Equipment, Net$305,614$301,083▼ $4,531
Pd in Cap Srpls Land Bldg Eqp Fund$305,614$301,083▼ $4,531
Prepaid Expenses and Deferred Charges$87,768$91,267▲ $3,499
Accounts Receivable$23,746$70,183▲ $46,437
Total Assets$3,883,592$3,014,774▼ $868,818
Other Assets Total$984,138$761,665▼ $222,473
Liabilities
Other Liabilities$583,863$186,813▼ $397,050
Accounts Payable and Accrued Expenses$64,413$172,520▲ $108,107
Total Liabilities$648,276$359,333▼ $288,943
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,235,316$2,655,441▼ $579,875
Total Liabilities and Net Assets / Fund Balance$3,883,592$3,014,774▼ $868,818

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$262,251$377,437$639,688
Leasehold Improvements$30,960$9,432$40,392
Other Land Buildings$7,872$31,490$39,362
Other Assets Org$148,256--
Compensation and Service Providers
Top Officer Pay55th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Brad ScottCEOFT$137,499$137,499

Board Members and Trustees

NameTitle
Aaron WebbChair
Ward DavenportVice Chair
Armando RodriguezDirector
Kelly AllingDirector
Moise BaptisteDirector
S Dave Bhattacharya MdDirector
Shewanee Howard-baptisteDirector
Ted AllingDirector
Tricia AllenDirector
Edna VarnerSecretary
David CainesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Chattanooga Bus CompanyTransportation10010 MEADOWSTONE DR, Apison, TN 37302$172,689
Impact Facility Solutions LLCCommercial Cleaning832 GEORGIA AVE, Chattanooga, TN 37402$141,792
Laviniaa Group LLCEducation2805 DODD RD STE 200, Eagan, MN 55121$111,773
Revenue and Support

Revenue Composition

Contributions and Grants
$6,338,281
Program Service Revenue
$342,998
Investment Income
$12,541
Other Revenue
$-21,684
All Other Contributions
$1,802,502
Change in Net Assets
$-643,450

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,672,136
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$807,984
Total Revenue per Audited Statements
$7,480,120
Total Revenue per Form 990
$6,672,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,973,962
Other Expenses$2,448,849
Grants and Similar Amounts Paid$892,775
Total Fundraising Expense$206,144
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,092,346$951,944$67,769$3,112,059
Fees for Services Other$546,557$604,029$83,194$1,233,780
Grants to Domestic Orgs$892,775--$892,775
Other Employee Benefits$305,696$151,359$16,291$473,346
Other Expenses$281,829$181,516$30,752$281,829
Payroll Taxes$168,353$69,662$5,320$243,335
Occupancy$155,478$37,106-$192,584
Current Officers, Directors, Trustees, and Key Employees$145,222--$145,222
Depreciation Depletion-$116,321-$116,321
Insurance-$64,845-$64,845
Travel$33,844$13,208-$47,052
Advertising-$14,188-$14,188
Office Expenses$315$1,896$2,818$5,029
Total Functional Expenses$4,903,368$2,206,074$206,144$7,315,586

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,255,891
Total Expenses per Form 990$7,315,586
Expenses per Audited Statements$7,199,265
Expenses Not Reported on Form 990$1,056,626
Expenses Not Reported on Financial Statements$116,321
Other Expense Adjustments$116,321
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Friends of Chattanooga Prep IncChattanooga, TN501(c)(3)For the Support of the Organization$892,775
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$21,684
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Breakfast of Champions$92,324-$11,335-
Total Events$92,324-$21,684$-21,684
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$181,087
Net Pension Liability$5,726
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
1849 UNION AVENUE, CHATTANOOGA, TN 37404

Signing Officer

Name
David Caines
Title
Treasurer
Phone
4236645722
Signed
2024-02-21

Organization Details

Principal Officer
Aaron Webb
Formed
2017
Legal Domicile
Tn
Voting Board Members
11
Independent Board Members
11
Employees
81
Volunteers
39

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

“Contracted services: program service expenses 546,557. Management and general expenses 604,029. Fundraising expenses 83,194. Total expenses 1,233,780.”

FORM 990, PART XI, LINE 9:

“Transition of internal school funds 63,575.”

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, 2023,there were no interest or penalties recorded and included in the these financial statements. The returns for the years ended june 30,2020 and beyond remain subject to examination.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“FUNDRAISING 21,684.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Capital outlay 111,790. Increase in pension liability 136,852. Fundraising 21,684.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“DEPRECIATION 116,321.”

Raw XML AppendixShowing 400 of 559 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/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt092324
IRS990/FundraisingDirectExpensesAmt021684
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt04443455
IRS990/GrantAmt0892775
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0892775
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0892775
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06693820
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt064845
IRS990/InsuranceGrp/TotalAmt064845
IRS990/InvestmentIncomeGrp/ExclusionAmt012541
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012541
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt031
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0418359
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0305614
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0301083
IRS990/LandBldgEquipCostOrOtherBssAmt0719442
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PREP PUBLIC SCHOOLS 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. PREP PUBLIC SCHOOLS 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/NetAssetsOrFundBalancesBOYAmt03235316
IRS990/NetAssetsOrFundBalancesEOYAmt02655441
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-21684
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-21684
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt08408
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt037106
IRS990/OccupancyGrp/ProgramServicesAmt0155478
IRS990/OccupancyGrp/TotalAmt0192584
IRS990/OfficeExpensesGrp/FundraisingAmt02818
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01896
IRS990/OfficeExpensesGrp/ProgramServicesAmt0315
IRS990/OfficeExpensesGrp/TotalAmt05029
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0984138
IRS990/OtherAssetsTotalGrp/EOYAmt0761665
IRS990/OtherChangesInNetAssetsAmt063575
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt016291
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0151359
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0305696
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0473346
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/FundraisingAmt030752
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0181516
IRS990/OtherExpensesGrp/ProgramServicesAmt0280953
IRS990/OtherExpensesGrp/ProgramServicesAmt1281829
IRS990/OtherExpensesGrp/TotalAmt0493221
IRS990/OtherExpensesGrp/TotalAmt1281829
IRS990/OtherLiabilitiesGrp/BOYAmt0583863
IRS990/OtherLiabilitiesGrp/EOYAmt0186813
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt067769
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0951944
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02092346
IRS990/OtherSalariesAndWagesGrp/TotalAmt03112059
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt05320
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt069662
IRS990/PayrollTaxesGrp/ProgramServicesAmt0168353
IRS990/PayrollTaxesGrp/TotalAmt0243335
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0305614
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0301083
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01429572
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0675297
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt087768
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt091267
IRS990/PrincipalOfficerNm0AARON WEBB
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0ATHLETIC DEPARTMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0342998
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0342998
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06157036
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0419614
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01782910
IRS990/PYOtherRevenueAmt0-3908
IRS990/PYProgramServiceRevenueAmt091999
IRS990/PYRevenuesLessExpensesAmt01030571
IRS990/PYSalariesCompEmpBnftPaidAmt03012032
IRS990/PYTotalExpensesAmt05214556
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06245127
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-643450
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0342998
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0789846
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0943953
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/BookValueAmt0262251
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0377437
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0639688
IRS990ScheduleD/ExpensesNotReportedAmt01056626
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0116321
IRS990ScheduleD/ExpensesSubtotalAmt07199265
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt030960
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09432
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt040392
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0374524
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1238885
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2148256
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NET PENSION ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE TRUST ASSET
IRS990ScheduleD/OtherExpensesIncludedAmt0270326
IRS990ScheduleD/OtherExpensesNotIncludedAmt0116321
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07872
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031490
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt039362
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0181087
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15726
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY
IRS990ScheduleD/OtherRevenueAmt021684
IRS990ScheduleD/RevenueNotReportedAmt0807984
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06672136
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, 2023,THERE WERE NO INTEREST OR PENALTIES RECORDED AND INCLUDED IN THE THESE FINANCIAL STATEMENTS. THE RETURNS FOR THE YEARS ENDED JUNE 30,2020 AND BEYOND REMAIN SUBJECT TO EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING 21,684.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CAPITAL OUTLAY 111,790. INCREASE IN PENSION LIABILITY 136,852. FUNDRAISING 21,684.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3DEPRECIATION 116,321.
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/TotalBookValueLandBuildingsAmt0301083
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0761665
IRS990ScheduleD/TotalExpensesPerForm990Amt07315586
IRS990ScheduleD/TotalLiabilityAmt0186813
IRS990ScheduleD/TotalRevenuePerForm990Amt06672136
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07480120
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08255891
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$3,014,774
Liabilities
$359,333
Net assets
$2,655,441
Revenue
$6,672,136
Expenses
$7,315,586
Net income
-$643,450
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