Civic Intelligence

Treasure Coast Classical Academy Inc.

990 • Fiscal year 2022 • EIN 82-3724972

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

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

94th percentile

1.01x

Higher debt load relative to assets than 94% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

86th percentile

1.61x

Higher debt load relative to revenue than 86% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

58th percentile

11%

Higher net margin than 58% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

28th percentile

$118,238

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

65th percentile

6.6%

Faster asset growth than 65% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

77th percentile

28%

Faster revenue growth than 77% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$20,219,019

Up $1,248,025 (+6.6%) from 2021

Net Assets

Up

-$230,034

Up $1,364,450 (+86%) from 2021

Liabilities

Down

$20,449,053

Down $116,425 (-0.6%) from 2021

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin58th percentile

Revenue

Up

$12,739,215

Up $2,766,510 (+28%) from 2021

Expenses

Up

$11,374,765

Up $1,587,497 (+16%) from 2021

Net Income

Up

$1,364,450

Up $1,179,013 (+636%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth65th 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

2022

Assets$20,219,019
Liabilities$20,449,053
Net Assets-$230,034
Open 2022 Filing

Operations Trend

Revenue Growth77th 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

2022

Revenue$12,739,215
Expenses$11,374,765
Net Income$1,364,450
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$12,739,215
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$17,152,658$16,818,595▼ $334,063
Cash and Non-Interest-Bearing Accounts$1,239,446$3,038,794▲ $1,799,348
Accounts Receivable-$224,071-
Investments Program Related$117,797$137,175▲ $19,378
Prepaid Expenses and Deferred Charges$2,833$384▼ $2,449
Total Assets$18,970,994$20,219,019▲ $1,248,025
Other Assets Total$458,260$0▼ $458,260
Liabilities
Tax Exempt Bond Liabilities$19,700,000$19,700,000→ $0
Accounts Payable and Accrued Expenses$715,478$749,053▲ $33,575
Unsecured Notes Loans Payable$150,000$0▼ $150,000
Total Liabilities$20,565,478$20,449,053▼ $116,425
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,367$0▼ $4,367
Net Assets Without Donor Restrictions$-1,598,851$-230,034▲ $1,368,817
Total Net Assets Fund Balance$-1,594,484$-230,034▲ $1,364,450
Total Liabilities and Net Assets / Fund Balance$18,970,994$20,219,019▲ $1,248,025

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,261,966$832,522$15,094,488
Land$2,099,084-$2,099,084
Other Land Buildings$457,545$416,661$874,206
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janine SwearinginPrincipalFT$106,843$11,395$118,238

Board Members and Trustees

NameTitle
Joseph M FeatherstoneChairman
Brandon MillerDirector
Laura PateDirector
Gary UberSecretary
Brandon TuckerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Optima Foundation INCManagement Services15275 COLLIER BLVD, Naples, FL 34119$1,147,503
Educator Solutions INCPayroll Services4239 SW HIGH MEADOWS AVE, Palm City, FL 34990$817,225
Lintons Food Service ManagementFood Services10 SENTRY PKWY SUITE 110, Blue Bell, PA 19422$515,074
Fieldstone Maintenance SolutionsFacilities And Maintenance800 CORPORATE DRIVE SUITE 124, Fort Lauderdale, FL 33334$409,027
The Stepping Stones GroupSpecialist Services2586 TRAILRIDGE DRIVE EAST SUITE 1, Lafayette, CO 80026$234,215
Revenue and Support

Revenue Composition

Contributions and Grants
$12,443,734
Program Service Revenue
$295,357
Investment Income
$124
Other Revenue
$0
All Other Contributions
$375,757
Change in Net Assets
$1,364,450

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,739,215
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$12,739,215
Total Revenue per Form 990
$12,739,215
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,385,634
Salaries, Compensation, and Employee Benefits$4,989,131
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,936,334--$3,936,334
Interest$1,390,258--$1,390,258
Fees for Services Other$1,209,765--$1,209,765
Fees for Services Management$1,059,400--$1,059,400
Depreciation Depletion$550,197--$550,197
Occupancy$496,605--$496,605
Other Employee Benefits$484,118--$484,118
Office Expenses$450,928--$450,928
Other Expenses$413,674--$413,674
Payroll Taxes$298,329--$298,329
Pension Plan Contributions$164,911--$164,911
Insurance$120,788--$120,788
Information Technology$119,794--$119,794
Current Officers, Directors, Trustees, and Key Employees$105,439--$105,439
Travel$24,291--$24,291
Fees for Services Legal$13,804--$13,804
Total Functional Expenses$11,374,765$0$0$11,374,765

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,374,765
Total Expenses per Audited Statements$11,374,765
Total Expenses per Form 990$11,374,765
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
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
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
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph M Featherstone
Formed
2017
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
203
Volunteers
160

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

“School resource officer: program service expenses 91,370. Management and general expenses 0. Fundraising expenses 0. Total expenses 91,370. Payroll & misc. Services: program service expenses 848,334. Management and general expenses 0. Fundraising expenses 0. Total expenses 848,334. Community other services: program service expenses 2,711. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,711. Plant purchased services: program service expenses 12,123. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,123. Basic other purchase services: program service expenses 1,811. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,811. Plant school & security: program service expenses 7,463. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,463. Exceptional student professional services: program service expenses 245,953. Management and general expenses 0. Fundraising expenses 0. Total expenses 245,953.”

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 are subject to examination by tax authorities for 3 years.”

Raw XML AppendixShowing 400 of 474 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/MissionDesc0TO 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.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0-230034
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-230034
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
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IRS990/OccupancyGrp/TotalAmt0496605
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IRS990/OfficeExpensesGrp/TotalAmt0450928
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0458260
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0484118
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0484118
IRS990/OtherExpensesGrp/Desc0DUES & FEES
IRS990/OtherExpensesGrp/Desc1FOOD
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IRS990/OtherExpensesGrp/ProgramServicesAmt1413674
IRS990/OtherExpensesGrp/TotalAmt0536130
IRS990/OtherExpensesGrp/TotalAmt1413674
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IRS990/OtherSalariesAndWagesGrp/TotalAmt03936334
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0298329
IRS990/PayrollTaxesGrp/TotalAmt0298329
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0164911
IRS990/PensionPlanContributionsGrp/TotalAmt0164911
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02833
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0384
IRS990/PrincipalOfficerNm0JOSEPH M FEATHERSTONE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0CHILD CARE AND STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0295357
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0295357
IRS990/ProhibitedTaxShelterTransInd00
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IRS990/PYOtherRevenueAmt00
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IRS990/PYTotalExpensesAmt09787268
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09972705
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01364450
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0295357
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt014261966
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0832522
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015094488
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011374765
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02099084
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02099084
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0457545
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0416661
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0874206
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt012739215
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 ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR 3 YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016818595
IRS990ScheduleD/TotalExpensesPerForm990Amt011374765
IRS990ScheduleD/TotalRevenuePerForm990Amt012739215
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012739215
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011374765
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/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
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IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
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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/ExplanationTxt4SCHOOL RESOURCE OFFICER: PROGRAM SERVICE EXPENSES 91,370. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 91,370. PAYROLL & MISC. SERVICES: PROGRAM SERVICE EXPENSES 848,334. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 848,334. COMMUNITY OTHER SERVICES: PROGRAM SERVICE EXPENSES 2,711. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,711. PLANT PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 12,123. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,123. BASIC OTHER PURCHASE SERVICES: PROGRAM SERVICE EXPENSES 1,811. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,811. PLANT SCHOOL & SECURITY: PROGRAM SERVICE EXPENSES 7,463. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,463. EXCEPTIONAL STUDENT PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 245,953. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 245,953.
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/TotalAssetsBOYAmt018970994
IRS990/TotalAssetsEOYAmt020219019
IRS990/TotalAssetsGrp/BOYAmt018970994
IRS990/TotalAssetsGrp/EOYAmt020219019
IRS990/TotalCompGreaterThan150KInd00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$20,219,019
Liabilities
$20,449,053
Net assets
-$230,034
Revenue
$12,739,215
Expenses
$11,374,765
Net income
$1,364,450
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