Civic Intelligence

Treasure Coast Classical Academy Inc.

990 • Fiscal year 2021 • EIN 82-3724972

Jul 01, 2020 to Jun 30, 2021 • Filed on May 02, 2022

Organization ProfileWWW.TREASURECOASTCLASSICAL.ORG
1400 SE Cove RdStuart, FL 34997

(772) 419-7680

Siviq Scores

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

Liabilities / Assets

95th percentile

1.08x

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

2.06x

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

27th percentile

1.9%

Higher net margin than 27% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

26th percentile

1.3%

Faster asset growth than 26% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

86th percentile

81%

Faster revenue growth than 86% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$18,970,994

Up $245,813 (+1.3%) from 2020

Net Assets

Up

-$1,594,484

Up $185,437 (+10%) from 2020

Liabilities

Up

$20,565,478

Up $60,376 (+0.3%) from 2020

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin27th percentile

Revenue

Up

$9,972,705

Up $4,460,912 (+81%) from 2020

Expenses

Up

$9,787,268

Up $3,134,702 (+47%) from 2020

Net Income

Up

$185,437

Up $1,326,210 (+116%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$30M$20M$10M$0-$10MAssets 2019: $19,086,505Liabilities 2019: $19,723,865Net Assets 2019: -$637,3602019Assets 2020: $18,725,181Liabilities 2020: $20,505,102Net Assets 2020: -$1,779,9212020Assets 2021: $18,970,994Liabilities 2021: $20,565,478Net Assets 2021: -$1,594,4842021Assets 2022: $20,219,019Liabilities 2022: $20,449,053Net Assets 2022: -$230,0342022Assets 2023: $20,368,189Liabilities 2023: $20,099,384Net Assets 2023: $268,8052023Assets 2024: $21,840,142Liabilities 2024: $20,986,116Net Assets 2024: $854,0262024Assets 2025: $22,089,028Liabilities 2025: $20,870,577Net Assets 2025: $1,218,4512025

Highlighted filing

2021

Assets$18,970,994
Liabilities$20,565,478
Net Assets-$1,594,484
Open 2021 Filing

Operations Trend

Revenue Growth86th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2019: $135,715Expenses 2019: $773,075Net Income 2019: -$637,3602019Revenue 2020: $5,511,793Expenses 2020: $6,652,566Net Income 2020: -$1,140,7732020Revenue 2021: $9,972,705Expenses 2021: $9,787,268Net Income 2021: $185,4372021Revenue 2022: $12,739,215Expenses 2022: $11,374,765Net Income 2022: $1,364,4502022Revenue 2023: $12,448,349Expenses 2023: $11,949,510Net Income 2023: $498,8392023Revenue 2024: $14,030,007Expenses 2024: $13,444,786Net Income 2024: $585,2212024Revenue 2025: $12,974,956Expenses 2025: $12,610,531Net Income 2025: $364,4252025

Highlighted filing

2021

Revenue$9,972,705
Expenses$9,787,268
Net Income$185,437
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 2, 2022
Return Version
2020v4.2
Gross Receipts
$9,972,705
Mission and Program Overview

Mission

To train the minds and improve the hearts of young people through a content-rich classical education in the liberal arts and sciences, with instruction in the principles of moral character and civic virtue.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,051,300$17,152,658▲ $101,358
Cash and Non-Interest-Bearing Accounts$844,814$1,239,446▲ $394,632
Investments Program Related$763,872$117,797▼ $646,075
Prepaid Expenses and Deferred Charges$12,233$2,833▼ $9,400
Total Assets$18,725,181$18,970,994▲ $245,813
Other Assets Total$52,962$458,260▲ $405,298
Liabilities
Tax Exempt Bond Liabilities$19,700,000$19,700,000→ $0
Accounts Payable and Accrued Expenses$220,602$715,478▲ $494,876
Unsecured Notes Loans Payable$584,500$150,000▼ $434,500
Total Liabilities$20,505,102$20,565,478▲ $60,376
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$4,367-
Net Assets Without Donor Restrictions$-1,779,921$-1,598,851▲ $181,070
Total Net Assets Fund Balance$-1,779,921$-1,594,484▲ $185,437
Total Liabilities and Net Assets / Fund Balance$18,725,181$18,970,994▲ $245,813

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,053,574$698,986$15,752,560
Land$2,099,084-$2,099,084
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Joseph M FeatherstoneChairman
Laura PateDirector
Gary UberSecretary
Brandon TuckerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Optima Foundation INCManagement Services15275 COLLIER BLVD, Naples, FL 34119$833,054
Educator Solutions INCPayroll Services4239 SW HIGH MEADOWS AVE, Palm City, FL 34990$752,061
Sla ManagementFood Services3217 CORRINE DRIVE, Orlando, FL 32803$277,596
Innoklean CorpJanitorial Services1860 SW FOUNTAINVIEW BLVD 106, Port St Lucie, FL 34986$150,524
Speech Rehab Services LLCSpecialist Services184 HIGH STREET 5TH FLOOR, Boston, MA 02114$112,922
Revenue and Support

Revenue Composition

Contributions and Grants
$605,558
Program Service Revenue
$9,367,117
Investment Income
$30
Other Revenue
$0
All Other Contributions
$21,058
Change in Net Assets
$185,437

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,972,705
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$9,972,705
Total Revenue per Form 990
$9,972,705
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,250,256
Salaries, Compensation, and Employee Benefits$4,537,012
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,675,374--$3,675,374
Interest$1,390,250--$1,390,250
Fees for Services Other$1,184,629--$1,184,629
Fees for Services Management$815,525--$815,525
Depreciation Depletion$510,553--$510,553
Other Employee Benefits$446,062--$446,062
Payroll Taxes$281,166--$281,166
Occupancy$147,944--$147,944
Other Expenses$137,999--$137,999
Pension Plan Contributions$134,410--$134,410
Insurance$111,345--$111,345
Office Expenses$39,287--$39,287
Information Technology$38,481--$38,481
Travel$21,752--$21,752
Fees for Services Legal$14,752--$14,752
Total Functional Expenses$9,787,268$0$0$9,787,268

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,787,268
Total Expenses per Audited Statements$9,787,268
Total Expenses per Form 990$9,787,268
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
ASeries 2019a and Series 2019b Bonds2019-06-01$19,700,000SEE PART VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$19,700,000--$10,000

Bond Financing Compliance

No rebate due
No
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
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
No
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

“A copy of the draft form 990 is provided to management and the board of directors. Comments and/or questions are encouraged and resolved before final approval.”

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

“The organization confirms the enforcement of conflicts of interest through a written annual certification from each board member.”

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

“Approved by board of directors.”

Form 990, Part VI, Section C, Line 19

“All governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Treasure Coast Classical Academy
EIN
82-3724972
Phone
7724197680
Address
1400 SE COVE RD, STUART, FL 34997

Signing Officer

Name
Joseph M Featherstone
Title
Chairman
Phone
7724197680
Signed
2022-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph M Featherstone
Formed
2017
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
160
Volunteers
15

Preparer

Firm
Whittaker Cooper (grennan Fender Llp)
Address
1692 W HIBISCUS BLVD, MELBOURNE, FL 32901
Preparer
Mike Hess CPA
Phone
3217233352
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Specialist services: program service expenses 160,502. Management and general expenses 0. Fundraising expenses 0. Total expenses 160,502. It services: program service expenses 97,697. Management and general expenses 0. Fundraising expenses 0. Total expenses 97,697. Trustee fees: program service expenses 29,575. Management and general expenses 0. Fundraising expenses 0. Total expenses 29,575. School resource officer: program service expenses 99,118. Management and general expenses 0. Fundraising expenses 0. Total expenses 99,118. Payroll & misc. Services: program service expenses 797,737. Management and general expenses 0. Fundraising expenses 0. Total expenses 797,737.”

Financial Statement Notes

PART X, LINE 2:

“The school qualifies as a tax-exempt organization under internal revenue code section 501(c)(3), and is therefore, exempt from income taxes. Accordingly, no tax provision has been made in the accompanying financial statements. Additionally, no uncertain tax positions have been made requiring disclosure in the related notes to the financial statements. The school's income tax returns for 2019 and 2018 are subject to examination by tax authorities.”

Raw XML AppendixShowing 400 of 468 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/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012233
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02833
IRS990/PrincipalOfficerNm0JOSEPH M FEATHERSTONE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/Desc0FEFP FUNDS (FL)
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM SERVICE
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/Desc3CHILD CARE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07868937
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1968618
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2401155
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3128407
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07868937
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1968618
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2401155
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3128407
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0102243
IRS990/PYContributionsGrantsAmt05059135
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt074131
IRS990/PYOtherExpensesAmt03825100
IRS990/PYOtherRevenueAmt0378527
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1140773
IRS990/PYSalariesCompEmpBnftPaidAmt02725223
IRS990/PYTotalExpensesAmt06652566
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05511793
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0185437
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09367117
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/BuildingsGrp/BookValueAmt015053574
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0698986
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015752560
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09787268
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02099084
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02099084
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09972705
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), AND IS THEREFORE, EXEMPT FROM INCOME TAXES. ACCORDINGLY, NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ADDITIONALLY, NO UNCERTAIN TAX POSITIONS HAVE BEEN MADE REQUIRING DISCLOSURE IN THE RELATED NOTES TO THE FINANCIAL STATEMENTS. THE SCHOOL'S INCOME TAX RETURNS FOR 2019 AND 2018 ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017152658
IRS990ScheduleD/TotalExpensesPerForm990Amt09787268
IRS990ScheduleD/TotalRevenuePerForm990Amt09972705
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09972705
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09787268
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PUBLISHED ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0SERIES 2019A AND SERIES 2019B BONDS ACQUISITION OF LAND AND CONSTRUCTION OF A SCHOOL
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE K - PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02019-06-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0593591394
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum014054CCD9
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt019700000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0SERIES 2019A AND SERIES 2019B BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0SEE PART VI
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt017851644
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0117797
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt010000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02020
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt019700000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE DRAFT FORM 990 IS PROVIDED TO MANAGEMENT AND THE BOARD OF DIRECTORS. COMMENTS AND/OR QUESTIONS ARE ENCOURAGED AND RESOLVED BEFORE FINAL APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION CONFIRMS THE ENFORCEMENT OF CONFLICTS OF INTEREST THROUGH A WRITTEN ANNUAL CERTIFICATION FROM EACH BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2APPROVED BY BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SPECIALIST SERVICES: PROGRAM SERVICE EXPENSES 160,502. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 160,502. IT SERVICES: PROGRAM SERVICE EXPENSES 97,697. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 97,697. TRUSTEE FEES: PROGRAM SERVICE EXPENSES 29,575. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,575. SCHOOL RESOURCE OFFICER: PROGRAM SERVICE EXPENSES 99,118. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 99,118. PAYROLL & MISC. SERVICES: PROGRAM SERVICE EXPENSES 797,737. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 797,737.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt019700000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt019700000
IRS990/TaxExemptBondsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt018725181
IRS990/TotalAssetsEOYAmt018970994
IRS990/TotalAssetsGrp/BOYAmt018725181
IRS990/TotalAssetsGrp/EOYAmt018970994
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0605558
IRS990/TotalEmployeeCnt0160
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt09787268
IRS990/TotalFunctionalExpensesGrp/TotalAmt09787268

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$18,970,994
Liabilities
$20,565,478
Net assets
-$1,594,484
Revenue
$9,972,705
Expenses
$9,787,268
Net income
$185,437
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$22.1$20.9$1.22$13.0$12.6$0.36
2024Detailed filing. Detailed filing data is available for this year.$21.8$21.0$0.85$14.0$13.4$0.59
2023Detailed filing. Detailed filing data is available for this year.$20.4$20.1$0.27$12.4$11.9$0.50
2022Detailed filing. Detailed filing data is available for this year.$20.2$20.4$0.23$12.7$11.4$1.36
2021Detailed filing. Detailed filing data is available for this year.$19.0$20.6$1.59$9.97$9.79$0.19
2020Detailed filing. Detailed filing data is available for this year.$18.7$20.5$1.78$5.51$6.65$1.14
2019Detailed filing. Detailed filing data is available for this year.$19.1$19.7$0.64$0.14$0.77$0.64