Civic Intelligence

Shumway Academy Ltd.

990 • Fiscal year 2021 • EIN 82-0533885

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

Organization ProfileN/A
3055 North 125 EastRexburg, ID 83440

(208) 390-2225

Siviq Scores

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

Liabilities / Assets

89th percentile

0.46x

Higher debt load relative to assets than 89% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

0.23x

Higher debt load relative to revenue than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

54th percentile

12%

Higher net margin than 54% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

95th percentile

220%

Faster asset growth than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

74th percentile

46%

Faster revenue growth than 74% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$140,463

Up $96,554 (+220%) from 2020

Net Assets

Up

$75,168

Up $33,027 (+78%) from 2020

Liabilities

Up

$65,295

Up $63,527 (+3593%) from 2020

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin54th percentile

Revenue

Up

$281,923

Up $88,227 (+46%) from 2020

Expenses

Up

$248,896

Up $59,961 (+32%) from 2020

Net Income

Up

$33,027

Up $28,266 (+594%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$300K$200K$100K$0Assets 2017: $15,599Net Assets 2017: $15,5992017Assets 2018: $24,556Net Assets 2018: $24,5562018Assets 2019: $39,811Liabilities 2019: $2,431Net Assets 2019: $37,3802019Assets 2020: $43,909Liabilities 2020: $1,768Net Assets 2020: $42,1412020Assets 2021: $140,463Liabilities 2021: $65,295Net Assets 2021: $75,1682021Assets 2022: $160,155Liabilities 2022: $120,571Net Assets 2022: $39,5842022Assets 2023: $230,879Liabilities 2023: $110,650Net Assets 2023: $120,2292023Assets 2024: $265,508Liabilities 2024: $106,188Net Assets 2024: $159,3202024

Highlighted filing

2021

Assets$140,463
Liabilities$65,295
Net Assets$75,168
Open 2021 Filing

Operations Trend

Revenue Growth74th percentile

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

$600K$400K$200K$0-$200KRevenue 2017: $86,164Expenses 2017: $72,679Net Income 2017: $13,4852017Revenue 2018: $106,191Expenses 2018: $97,234Net Income 2018: $8,9572018Revenue 2019: $179,602Expenses 2019: $166,777Net Income 2019: $12,8252019Revenue 2020: $193,696Expenses 2020: $188,935Net Income 2020: $4,7612020Revenue 2021: $281,923Expenses 2021: $248,896Net Income 2021: $33,0272021Revenue 2022: $302,154Expenses 2022: $337,738Net Income 2022: -$35,5842022Revenue 2023: $390,670Expenses 2023: $310,025Net Income 2023: $80,6452023Revenue 2024: $408,513Expenses 2024: $369,422Net Income 2024: $39,0912024

Highlighted filing

2021

Revenue$281,923
Expenses$248,896
Net Income$33,027
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.0
Gross Receipts
$281,923
Mission and Program Overview

Mission

To operate and maintain a private school in madison county idaho.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$112,502-
Cash and Non-Interest-Bearing Accounts$14,901$19,292▲ $4,391
Savings and Temporary Cash Investments$29,008$8,669▼ $20,339
Total Assets$43,909$140,463▲ $96,554
Liabilities
Mortgage Notes Payable Secured by Investment Property-$57,597-
Accounts Payable and Accrued Expenses$1,768$7,698▲ $5,930
Total Liabilities$1,768$65,295▲ $63,527
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$42,141$75,168▲ $33,027
Total Net Assets Fund Balance$42,141$75,168▲ $33,027
Total Liabilities and Net Assets / Fund Balance$43,909$140,463▲ $96,554

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$111,018$1,882$112,900
Equipment$1,484$106$1,590
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Lacey StoddardPresident
Brian EdstromDirector
Gina BoothDirector
Hollie AndersonDirector
Jalayn EdstromDirector
Jennie GugelmanSecretary
Delores BirchVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$281,917
Investment Income
$6
Other Revenue
$0
Change in Net Assets
$33,027
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$191,583
Other Expenses$57,313
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$130,467$46,433-$176,900
Payroll Taxes$10,903$3,780-$14,683
All Other Expenses$3,800$2,975-$6,775
Insurance$3,046--$3,046
Fees for Services Accounting-$2,203-$2,203
Other Expenses$2,426$2,184-$2,184
Depreciation Depletion$1,988--$1,988
Office Expenses-$1,883-$1,883
Interest-$1,098-$1,098
Total Functional Expenses$188,340$60,556$0$248,896
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“MEMBERS”

Form 990, Page 6, Part VI, Line 7A

“When there is an opening on the board a committee of board members submitts names of potential board members, then the board votes and approves that person or persons as a board member.”

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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“The governing documents and 990 are made available to the public upon request to one of the board members.”

Filing and Contact Details

Filer

Filer Name
Shumway Academy Ltd
EIN
82-0533885
Phone
2083902225
Address
3055 NORTH 125 EAST, REXBURG, ID 83440

Signing Officer

Name
Gina Booth
Title
Director
Phone
2083902225
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lacey Stoddard
Legal Domicile
Id
Voting Board Members
7
Independent Board Members
7
Employees
19

Preparer

Firm
Sutton & Simmons Pllc
Address
39 PROFESSIONAL PLAZA, REXBURG, ID 83440-2024
Preparer
Melanee Sutton
Phone
2083563452
Raw XML Appendix318 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01768
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07698
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO OPERATE AND MAINTAIN A PRIVATE SCHOOL IN MADISON COUNTY IDAHO.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02975
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03800
IRS990/AllOtherExpensesGrp/TotalAmt06775
IRS990/BooksInCareOfDetail/PersonNm0GINA BOOTH
IRS990/BooksInCareOfDetail/PhoneNum02083592264
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02973 SOUTH 2000 WEST
IRS990/BooksInCareOfDetail/USAddress/CityNm0REXBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ID
IRS990/BooksInCareOfDetail/USAddress/ZIPCd083440
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt014901
IRS990/CashNonInterestBearingGrp/EOYAmt019292
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06
IRS990/CYOtherExpensesAmt057313
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0281917
IRS990/CYRevenuesLessExpensesAmt033027
IRS990/CYSalariesCompEmpBnftPaidAmt0191583
IRS990/CYTotalExpensesAmt0248896
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0281923
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01988
IRS990/DepreciationDepletionGrp/TotalAmt01988
IRS990/Desc0OPERATED AND MAINTAINED A PRIVATE SCHOOL.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt019
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0188340
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02203
IRS990/FeesForServicesAccountingGrp/TotalAmt02203
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0HOLLIE ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm1DELORES BIRCH
IRS990/Form990PartVIISectionAGrp/PersonNm2GINA BOOTH
IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN EDSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm4JALAYN EDSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm5JENNIE GUGELMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6LACEY STODDARD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0281923
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt03046
IRS990/InsuranceGrp/TotalAmt03046
IRS990/InterestGrp/ManagementAndGeneralAmt01098
IRS990/InterestGrp/TotalAmt01098
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt06
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01988
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0112502
IRS990/LandBldgEquipCostOrOtherBssAmt0114490
IRS990/LegalDomicileStateCd0ID
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO OPERATE AND MAINTAIN A PRIVATE SCHOOL IN MADISON COUNTY IDAHO.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt057597
IRS990/NetAssetsOrFundBalancesBOYAmt042141
IRS990/NetAssetsOrFundBalancesEOYAmt075168
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt042141
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt075168
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01883
IRS990/OfficeExpensesGrp/TotalAmt01883
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0CURRICULUM & SUPPLIES
IRS990/OtherExpensesGrp/Desc1UTILITIES & PHONE
IRS990/OtherExpensesGrp/Desc2STUDENT EXEPENSE
IRS990/OtherExpensesGrp/Desc3LOAN FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02184
IRS990/OtherExpensesGrp/ProgramServicesAmt031252
IRS990/OtherExpensesGrp/ProgramServicesAmt14458
IRS990/OtherExpensesGrp/ProgramServicesAmt22426
IRS990/OtherExpensesGrp/TotalAmt031252
IRS990/OtherExpensesGrp/TotalAmt14458
IRS990/OtherExpensesGrp/TotalAmt22426
IRS990/OtherExpensesGrp/TotalAmt32184
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt046433
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0130467
IRS990/OtherSalariesAndWagesGrp/TotalAmt0176900
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03780
IRS990/PayrollTaxesGrp/ProgramServicesAmt010903
IRS990/PayrollTaxesGrp/TotalAmt014683
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LACEY STODDARD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & GRANTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0281917
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0281917
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/ReconcilationRevenueExpnssAmt033027
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0281917
IRS990/SavingsAndTempCashInvstGrp/BOYAmt029008
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08669
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0111018
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01882
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0112900
IRS990ScheduleD/EquipmentGrp/BookValueAmt01484
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0106
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01590
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0112502
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ANY ADVERTISING DONE FOR THE SCHOOL IS ALL WORD OF MOUTH IN THE COMMUNITY. THE DISCRIMINATION POLICY IS AVAIVABEL UPON REQUEST OF THE BOARD OR THE DIRECTOR OF THE SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WHEN THERE IS AN OPENING ON THE BOARD A COMMITTEE OF BOARD MEMBERS SUBMITTS NAMES OF POTENTIAL BOARD MEMBERS, THEN THE BOARD VOTES AND APPROVES THAT PERSON OR PERSONS AS A BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS AND 990 ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST TO ONE OF THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt043909
IRS990/TotalAssetsEOYAmt0140463
IRS990/TotalAssetsGrp/BOYAmt043909
IRS990/TotalAssetsGrp/EOYAmt0140463
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt060556
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0188340
IRS990/TotalFunctionalExpensesGrp/TotalAmt0248896
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01768
IRS990/TotalLiabilitiesEOYAmt065295
IRS990/TotalLiabilitiesGrp/BOYAmt01768
IRS990/TotalLiabilitiesGrp/EOYAmt065295
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt042141
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt075168
IRS990/TotalProgramServiceExpensesAmt0188340
IRS990/TotalProgramServiceRevenueAmt0281917
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0281923
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0281923
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt043909
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0140463
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt02740 WEST 4000 NORTH
IRS990/USAddress/CityNm0REXBURG
IRS990/USAddress/StateAbbreviationCd0ID
IRS990/USAddress/ZIPCd083440
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GINA BOOTH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02083902225
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHUMWAY ACADEMY LTD
ReturnHeader/Filer/BusinessNameControlTxt0SHUM
ReturnHeader/Filer/EIN0820533885
ReturnHeader/Filer/PhoneNum02083902225
ReturnHeader/Filer/USAddress/AddressLine1Txt03055 NORTH 125 EAST
ReturnHeader/Filer/USAddress/CityNm0REXBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ID
ReturnHeader/Filer/USAddress/ZIPCd083440
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200561324
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SUTTON & SIMMONS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt039 PROFESSIONAL PLAZA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0REXBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ID
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0834402024
ReturnHeader/PreparerPersonGrp/PhoneNum02083563452
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELANEE SUTTON
ReturnHeader/ReturnTs02022-11-15T17:40:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BOOTH
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$140,463
Liabilities
$65,295
Net assets
$75,168
Revenue
$281,923
Expenses
$248,896
Net income
$33,027
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.66$1.06$1.59$4.09$3.69$0.39
2023Detailed filing. Detailed filing data is available for this year.$2.31$1.11$1.20$3.91$3.10$0.81
2022Detailed filing. Detailed filing data is available for this year.$1.60$1.21$0.40$3.02$3.38$0.36
2021Detailed filing. Detailed filing data is available for this year.$1.40$0.65$0.75$2.82$2.49$0.33
2020Detailed filing. Detailed filing data is available for this year.$0.44$0.02$0.42$1.94$1.89$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.40$0.02$0.37$1.80$1.67$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.25$0.25$1.06$0.97$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.16$0.16$0.86$0.73$0.13