Civic Intelligence

Future Public School Inc

EIN 82-2354868 • 501(c)3 • Garden City, ID

Profile

Public Education.

511 E 43rd StGarden City, ID 83714

www.futurepublicschool.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.06x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

91st percentile

2.67x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

52nd percentile

5.5%

Higher net margin than 52% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

17th percentile

-4.9%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

24th percentile

-5.6%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Down

$10,931,698

Down $564,880 (-4.9%) from 2024

Liabilities

Down

$11,556,212

Down $802,243 (-6.5%) from 2024

Net Assets

Up

-$624,514

Up $237,363 (+28%) from 2024

Revenue

Down

$4,333,704

Down $258,434 (-5.6%) from 2024

Expenses

Down

$4,096,341

Down $742,969 (-15%) from 2024

Net Income

Up

$237,363

Up $484,535 (+196%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0-$5.0MAssets 2019: $407,171Liabilities 2019: $81,414Net Assets 2019: $325,7572019Assets 2020: $1,078,512Liabilities 2020: $669,673Net Assets 2020: $408,8392020Assets 2021: $1,616,262Liabilities 2021: $1,417,261Net Assets 2021: $199,0012021Assets 2022: $11,599,649Liabilities 2022: $11,877,578Net Assets 2022: -$277,9292022Assets 2023: $11,346,290Liabilities 2023: $11,960,995Net Assets 2023: -$614,7052023Assets 2024: $11,496,578Liabilities 2024: $12,358,455Net Assets 2024: -$861,8772024Assets 2025: $10,931,698Liabilities 2025: $11,556,212Net Assets 2025: -$624,5142025

Highlighted filing

2025

Assets$10,931,698
Liabilities$11,556,212
Net Assets-$624,514

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $2,543,290Expenses 2019: $2,217,533Net Income 2019: $325,7572019Revenue 2020: $3,577,208Expenses 2020: $3,494,126Net Income 2020: $83,0822020Revenue 2021: $3,644,462Expenses 2021: $3,854,300Net Income 2021: -$209,8382021Revenue 2022: $4,790,234Expenses 2022: $5,267,164Net Income 2022: -$476,9302022Revenue 2023: $4,850,167Expenses 2023: $5,186,943Net Income 2023: -$336,7762023Revenue 2024: $4,592,138Expenses 2024: $4,839,310Net Income 2024: -$247,1722024Revenue 2025: $4,333,704Expenses 2025: $4,096,341Net Income 2025: $237,3632025

Highlighted filing

2025

Revenue$4,333,704
Expenses$4,096,341
Net Income$237,363

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 14, 2025
Return Version
2024v5.2
Gross Receipts
$4,333,704
Mission and Program Overview

Mission

Public Education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,873,035$7,705,524▼ $167,511
Savings and Temporary Cash Investments$1,640,154$2,138,212▲ $498,058
Pledges and Grants Receivable$528,295$326,619▼ $201,676
Cash and Non-Interest-Bearing Accounts$356,944$155,997▼ $200,947
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$11,496,578$10,931,698▼ $564,880
Other Assets Total$1,098,150$605,346▼ $492,804
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,165,000--
Tax Exempt Bond Liabilities$100,000$9,130,000▲ $9,030,000
Other Liabilities$2,302,008$1,779,099▼ $522,909
Deferred Revenue$558,790$425,226▼ $133,564
Accounts Payable and Accrued Expenses$232,657$221,887▼ $10,770
Total Liabilities$12,358,455$11,556,212▼ $802,243
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-861,877$-624,514▲ $237,363
Total Net Assets Fund Balance$-861,877$-624,514▲ $237,363
Total Liabilities and Net Assets / Fund Balance$11,496,578$10,931,698▼ $564,880

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,705,524$670,044$8,375,568
Other Assets Org$605,346--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amanda CoxAdministratorFT$103,991$13,607$117,598
Heather EfawAdministratorFT$90,233$11,807$102,040
Kevin HausmannAdministratorFT$72,841$9,531$82,372

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$4,213,860
Program Service Revenue
$0
Investment Income
$119,844
Other Revenue
$0
All Other Contributions
$126,115
Change in Net Assets
$237,363

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,333,704
Total Revenue per Audited Statements
$4,333,704
Total Revenue per Form 990
$4,333,704
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,651,254
Other Expenses$1,445,087
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,736,693--$1,736,693
Interest$395,023--$395,023
Current Officers, Directors, Trustees, and Key Employees-$277,140-$277,140
Pension Plan Contributions$221,661$36,264-$257,925
Other Employee Benefits$194,414$31,024-$225,438
Depreciation Depletion$167,511--$167,511
Payroll Taxes$132,857$21,201-$154,058
Other Expenses$141,866$39,647-$141,866
Occupancy$78,050$8,672-$86,722
Insurance$33,720$3,746-$37,466
Fees for Services Accounting-$8,937-$8,937
Fees for Services Legal-$560-$560
Total Functional Expenses$3,669,150$427,191$0$4,096,341

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,096,341
Total Expenses per Audited Statements$4,096,341
Total Expenses per Form 990$4,096,341
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$1,747,381
Deferred Inflows - Pension Sources$31,718

Bond Issues

BondIssuerIssuedIssue PricePurpose
AFuture Public School2022-02-24$9,165,000Facilities Acquisition

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$8,966,713--$65,985

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is reviewed by designated finance personnel and the governing board prior to filing.

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

Monitoring and enforcing of potential conflicts of interest is performed by employees and board members disclosing annually whether any potential conflicts of interest exist.

Form 990, Part VI, Section B, Line 15B

All salaries, including those for management and key personnel, are integrated with the state salary funding formula and are independently reviewed, approved, and documented.

Form 990, Part VI, Section C, Line 19

Public information documents are made available either on the website or upon request.

Filing and Contact Details

Filer

Filer Name
Future Public School Inc
EIN
82-2354868
Phone
2088543923
Address
511 E 43rd St, Garden City, ID 83714

Signing Officer

Name
Basile Beaty
Title
Treasurer
Signed
2025-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Basile Beaty
Formed
2017
Legal Domicile
Id
Voting Board Members
8
Independent Board Members
8
Employees
70
Volunteers
10

Preparer

Firm
Quest Cpas Pllc
Address
1740 E FAIRVIEW AVE 1116, MERIDIAN, ID 83642
Preparer
Timothy M Hoyt
Phone
2086421417
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IRS990/Organization501c3Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt031024
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0194414
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0225438
IRS990/OtherExpensesGrp/Desc0Curriculum & Supplies
IRS990/OtherExpensesGrp/Desc1Student Meals
IRS990/OtherExpensesGrp/Desc2Student Transportation
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IRS990/OtherExpensesGrp/ProgramServicesAmt0356824
IRS990/OtherExpensesGrp/ProgramServicesAmt1210531
IRS990/OtherExpensesGrp/ProgramServicesAmt2141866
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0670044
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows - Pension Sources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt031718
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0As a state chartered public school policy communications are the same as required for traditional public school districts and are accomplished during admissions and through ongoing publications.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The school is a state chartered public school and receives substantially all of its support from the Idaho State Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
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IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
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IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt02/24/22 bond proceeds were $198,287 less than the issue price due to a bond discount.The last arbitrage calculation was performed February 23, 2025. No rebate due.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02022-02-24
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt09165000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0Future Public School
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IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false

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