Civic Intelligence

Chesapeake Lighthouse Foundation Inc.

990 • Fiscal year 2018 • EIN 83-0356333

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 19, 2019

Organization ProfileWWW.CLFMD.ORG
6151 Chevy Chase DriveLaurel, MD 20707

(301) 776-2300

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.00x

Higher debt load relative to assets than 93% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

2.50x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Net Margin

43rd percentile

2.2%

Higher net margin than 43% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

12th percentile

$145,789

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Asset Growth

87th percentile

18%

Faster asset growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

75th percentile

17%

Faster revenue growth than 75% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$71,428,713

Up $11,068,135 (+18%) from 2017

Net Assets

Up

-$150,422

Up $627,390 (+81%) from 2017

Liabilities

Up

$71,579,135

Up $10,440,745 (+17%) from 2017

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin43rd percentile

Revenue

Up

$28,684,006

Up $4,186,208 (+17%) from 2017

Expenses

Up

$28,056,616

Up $2,571,632 (+10%) from 2017

Net Income

Up

$627,390

Up $1,614,576 (+164%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$150M$100M$50M$0-$50MAssets 2010: $664,462Liabilities 2010: $547,118Net Assets 2010: $117,3442010Assets 2011: $806,820Liabilities 2011: $278,379Net Assets 2011: $528,4412011Assets 2014: $10,785,137Liabilities 2014: $8,737,711Net Assets 2014: $2,047,4262014Assets 2015: $32,176,131Liabilities 2015: $29,105,281Net Assets 2015: $3,070,8502015Assets 2016: $40,093,175Liabilities 2016: $39,883,801Net Assets 2016: $209,3742016Assets 2017: $60,360,578Liabilities 2017: $61,138,390Net Assets 2017: -$777,8122017Assets 2018: $71,428,713Liabilities 2018: $71,579,135Net Assets 2018: -$150,4222018Assets 2019: $74,533,987Liabilities 2019: $71,822,412Net Assets 2019: $2,711,5752019Assets 2020: $79,192,054Liabilities 2020: $71,506,618Net Assets 2020: $7,685,4362020Assets 2021: $95,248,368Liabilities 2021: $83,040,388Net Assets 2021: $12,207,9802021Assets 2022: $97,823,093Liabilities 2022: $80,173,208Net Assets 2022: $17,649,8852022Assets 2023: $104,993,642Liabilities 2023: $77,855,506Net Assets 2023: $27,138,1362023Assets 2024: $123,251,178Liabilities 2024: $94,254,646Net Assets 2024: $28,996,5322024Assets 2025: $131,565,365Liabilities 2025: $99,539,195Net Assets 2025: $32,026,1702025

Highlighted filing

2018

Assets$71,428,713
Liabilities$71,579,135
Net Assets-$150,422
Open 2018 Filing

Operations Trend

Revenue Growth75th percentile

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $2,629,3602010Expenses 2011: $3,482,5622011Revenue 2014: $10,394,372Expenses 2014: $10,894,418Net Income 2014: -$500,0462014Revenue 2015: $19,303,709Expenses 2015: $18,280,285Net Income 2015: $1,023,4242015Revenue 2016: $20,935,845Expenses 2016: $23,797,321Net Income 2016: -$2,861,4762016Revenue 2017: $24,497,798Expenses 2017: $25,484,984Net Income 2017: -$987,1862017Revenue 2018: $28,684,006Expenses 2018: $28,056,616Net Income 2018: $627,3902018Revenue 2019: $38,850,420Expenses 2019: $35,988,423Net Income 2019: $2,861,9972019Revenue 2020: $41,089,783Expenses 2020: $36,115,922Net Income 2020: $4,973,8612020Revenue 2021: $41,440,883Expenses 2021: $36,918,339Net Income 2021: $4,522,5442021Revenue 2022: $48,417,489Expenses 2022: $42,975,584Net Income 2022: $5,441,9052022Revenue 2023: $58,554,386Expenses 2023: $49,066,135Net Income 2023: $9,488,2512023Revenue 2024: $67,569,282Expenses 2024: $58,613,030Net Income 2024: $8,956,2522024Revenue 2025: $65,275,806Expenses 2025: $61,683,008Net Income 2025: $3,592,7982025

Highlighted filing

2018

Revenue$28,684,006
Expenses$28,056,616
Net Income$627,390
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 19, 2019
Return Version
2017v2.3
Gross Receipts
$28,700,140
Mission and Program Overview

Mission

To attain educational excellence by providing a rigorous and technology-integrated education for k-12 students with an emphasis on mathematics, science, and information technologies.

To provide a rigorous and quality education for kindergrten through 12th grade students with a special focus on math, science and technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$43,503,490$55,062,122▲ $11,558,632
Savings and Temporary Cash Investments$14,599,641$12,678,511▼ $1,921,130
Cash and Non-Interest-Bearing Accounts$1,662,385$2,861,666▲ $1,199,281
Accounts Receivable$163,485$406,122▲ $242,637
Prepaid Expenses and Deferred Charges-$88,210-
Loans From Officers Directors$119,076$17,203▼ $101,873
Total Assets$60,360,578$71,428,713▲ $11,068,135
Other Assets Total$431,577$332,082▼ $99,495
Liabilities
Tax Exempt Bond Liabilities$55,260,067$54,887,860▼ $372,207
Mortgage Notes Payable Secured by Investment Property$129,007$13,395,985▲ $13,266,978
Other Liabilities$1,756,788$2,337,883▲ $581,095
Accounts Payable and Accrued Expenses$3,873,452$940,204▼ $2,933,248
Total Liabilities$61,138,390$71,579,135▲ $10,440,745
Net Assets / Fund Balance
Unrestricted Net Assets$-777,812$-150,422▲ $627,390
Total Net Assets Fund Balance$-777,812$-150,422▲ $627,390
Total Liabilities and Net Assets / Fund Balance$60,360,578$71,428,713▲ $11,068,135

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$42,287,764$3,348,666$45,636,430
Land$7,649,655-$7,649,655
Equipment$2,768,901$1,680,220$4,449,121
Leasehold Improvements$2,227,775$1,562,497$3,790,272
Other Land Buildings$128,027$794,195$922,222
Compensation and Service Providers
Top Officer Pay12th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ismail Hakki KaramanChief Executive OfficerFT$142,172$3,617$145,789
Zayn AkChief Academic OfficerFT$109,206$5,981$115,187
Vedat DoganChief Operating OfficerFT$102,431$2,671$105,102
Spear LancasterDirectorPT$2,627-$2,627

Board Members and Trustees

NameTitle
Dr Musa SubasiChair
Claudia ChangDirector
Dr Birol OzturkDirector
Dr Donika PlykuDirector
Dr Mustafa SefikDirector
Dr Ruth EbiasahDirector (parent Member)
Sakena GreeneDirector (parent Member)
Lutfi onTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Abm Cleaning ServicesJanitorial ServicesPO BOX 419860, Boston, MA 02241$329,003
Re Wilson & Sons INCBus Transportation1578 SEVERN CHAPEL ROAD, Crownsville, MD 21032$249,461
-Common Area Maintenance715 CROSBY ROAD, Catonsville, MD 21228$125,268
Revenue and Support

Revenue Composition

Contributions and Grants
$282,136
Program Service Revenue
$28,355,580
Investment Income
$42,290
Other Revenue
$4,000
All Other Contributions
$32,136
Change in Net Assets
$627,390

Audited Revenue Reconciliation

Revenue per Audited Statements
$28,684,006
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$28,684,006
Total Revenue per Form 990
$28,684,006
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$16,506,300
Other Expenses$11,550,316
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,783,292$2,367,063-$13,150,355
Interest$3,456,229$758,685-$4,214,914
Occupancy$2,654,350$582,661-$3,237,011
Depreciation Depletion$1,540,376$338,131-$1,878,507
Other Employee Benefits$1,510,243$331,517-$1,841,760
Payroll Taxes$804,741$176,650-$981,391
Office Expenses$535,407$280,404-$815,811
Current Officers, Directors, Trustees, and Key Employees$226,813$49,788-$276,601
Pension Plan Contributions$210,078$46,115-$256,193
Fees for Services Other$180,279$39,574-$219,853
Insurance$78,703$17,276-$95,979
All Other Expenses$56,193$16,060-$72,253
Other Expenses$35,378$7,766-$43,144
Fees for Services Legal-$41,504-$41,504
Fees for Services Accounting-$32,966-$32,966
Advertising$17,035$3,739-$20,774
Information Technology-$4,369-$4,369
Travel$2,352$516-$2,868
Total Functional Expenses$22,911,832$5,144,784$0$28,056,616

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$28,056,616
Total Expenses per Audited Statements$28,056,616
Total Expenses per Form 990$28,056,616
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$119,076$17,203▼ $101,873
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest$1,919,359
Deferred Rent$227,784
Capital Lease Obligation$190,740

Bond Issues

BondIssuerIssuedIssue PricePurpose
APrince Georges County Maryland2015-11-04$34,195,000To retire previous bonds and building loans, new hvac system, improvements
BPrince Georges County Maryland2016-12-01$21,055,000Pay in full outstanding building loan and construction of cmit academy high

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$34,195,000---
B$21,055,000---

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
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 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

“The board of directors reviews a copy of the form 990 before it is filed with the irs.”

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

“Board members and officers sign a conflict of interest form and statement indicating interests that could give rise to conflicts. This is done on an annual basis.”

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

“The organization uses a compensation survey or study to determine the president/ceo's compensation. The amount is approved by the board of directors. The last compensation survey was completed in february of 2013.”

Form 990, Part VI, Section C, Line 19

“The foundation makes its governing documents, financial statements and form 990 available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Chesapeake Lighthouse Foundation Inc
EIN
83-0356333
Phone
3017762300
Address
6151 CHEVY CHASE DRIVE, LAUREL, MD 20707

Signing Officer

Name
Ismail Hakki Karaman
Title
Chief Executive Officer
Phone
3017762300
Signed
2019-03-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ismail Hakki Karaman
Formed
2003
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
9
Employees
67
Volunteers
9

Preparer

Firm
Jones Maresca & Mcquade Pa
Address
10500 LITTLE PATUXENT PARKWAY SUITE, 770, COLUMBIA, MD 21044
Preparer
David Jones
Phone
4108840220
Supplemental Narrative

Additional Explanations

ITEM C. DOING BUSINESS AS NAMES:

“Chesapeake lighthouse foundation, inc. ("the foundation") operates four charter schools under the names chesapeake science point charter school, llc, chesapeake math & it academy, cmit elementary, and cmit south.”

Form 990, Part XII, Line 2C

“The organization has not changed its oversight or selection process during the year.”

Financial Statement Notes

PART X, LINE 2:

“The organization recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Clf does not believe its financial statements include any uncertain tax positions.”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR (PARENT MEMBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR (PARENT MEMBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHIEF ACADEMIC OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-16134
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0250000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt028700140
IRS990/GrossRentsGrp/RealAmt04000
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04369
IRS990/InformationTechnologyGrp/TotalAmt04369
IRS990/InsuranceGrp/ManagementAndGeneralAmt017276
IRS990/InsuranceGrp/ProgramServicesAmt078703
IRS990/InsuranceGrp/TotalAmt095979
IRS990/InterestGrp/ManagementAndGeneralAmt0758685
IRS990/InterestGrp/ProgramServicesAmt03456229
IRS990/InterestGrp/TotalAmt04214914
IRS990/InvestmentIncomeGrp/ExclusionAmt058424
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt058424
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt0146
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07385578
IRS990/LandBldgEquipBasisNetGrp/BOYAmt043503490
IRS990/LandBldgEquipBasisNetGrp/EOYAmt055062122
IRS990/LandBldgEquipCostOrOtherBssAmt062447700
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt016134
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0119076
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt017203
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ATTAIN EDUCATIONAL EXCELLENCE BY PROVIDING A RIGOROUS AND TECHNOLOGY-INTEGRATED EDUCATION FOR K-12 STUDENTS WITH AN EMPHASIS ON MATHEMATICS, SCIENCE, AND INFORMATION TECHNOLOGIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0129007
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt013395985
IRS990/NetAssetsOrFundBalancesBOYAmt0-777812
IRS990/NetAssetsOrFundBalancesEOYAmt0-150422
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-16134
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-16134
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt04000
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04000
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0582661
IRS990/OccupancyGrp/ProgramServicesAmt02654350
IRS990/OccupancyGrp/TotalAmt03237011
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0280404
IRS990/OfficeExpensesGrp/ProgramServicesAmt0535407
IRS990/OfficeExpensesGrp/TotalAmt0815811
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0431577
IRS990/OtherAssetsTotalGrp/EOYAmt0332082
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0331517
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01510243
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01841760
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc1BUS TRANSPORTATION
IRS990/OtherExpensesGrp/Desc2BAD DEBT
IRS990/OtherExpensesGrp/Desc3EQUIPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt050000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17766
IRS990/OtherExpensesGrp/ProgramServicesAmt0513377
IRS990/OtherExpensesGrp/ProgramServicesAmt1306986
IRS990/OtherExpensesGrp/ProgramServicesAmt235378
IRS990/OtherExpensesGrp/TotalAmt0513377
IRS990/OtherExpensesGrp/TotalAmt1306986
IRS990/OtherExpensesGrp/TotalAmt250000
IRS990/OtherExpensesGrp/TotalAmt343144
IRS990/OtherLiabilitiesGrp/BOYAmt01756788
IRS990/OtherLiabilitiesGrp/EOYAmt02337883
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02367063
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010783292
IRS990/OtherSalariesAndWagesGrp/TotalAmt013150355
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0176650
IRS990/PayrollTaxesGrp/ProgramServicesAmt0804741
IRS990/PayrollTaxesGrp/TotalAmt0981391
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt046115
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0210078
IRS990/PensionPlanContributionsGrp/TotalAmt0256193
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt088210
IRS990/PrincipalOfficerNm0ISMAIL HAKKI KARAMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0PER PUPIL FUNDING
IRS990/ProgramServiceRevenueGrp/Desc1ENRICHMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT ACTIVITY FEES
IRS990/ProgramServiceRevenueGrp/Desc3VENDING MACHINE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt027365700
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1892578
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt295182
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32120
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt027365700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1892578
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt295182
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32120
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt035725
IRS990/PYOtherExpensesAmt09832982
IRS990/PYOtherRevenueAmt096894
IRS990/PYProgramServiceRevenueAmt024365179
IRS990/PYRevenuesLessExpensesAmt0-987186
IRS990/PYSalariesCompEmpBnftPaidAmt015652002
IRS990/PYTotalExpensesAmt025484984
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt024497798
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0627390
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt04000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt028355580
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014599641
IRS990/SavingsAndTempCashInvstGrp/EOYAmt012678511
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt042287764
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03348666
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt045636430
IRS990ScheduleD/EquipmentGrp/BookValueAmt02768901
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01680220
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04449121
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt028056616
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt07649655
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07649655
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02227775
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01562497
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03790272
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0128027
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0794195
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0922222
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0190740
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11919359
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2227784
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED RENT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt028684006
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. CLF DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt055062122
IRS990ScheduleD/TotalExpensesPerForm990Amt028056616
IRS990ScheduleD/TotalLiabilityAmt02337883
IRS990ScheduleD/TotalRevenuePerForm990Amt028684006
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt028684006
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt028056616
IRS990ScheduleE/ComplianceWithRevProc7550Ind00
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$71,428,713
Liabilities
$71,579,135
Net assets
-$150,422
Revenue
$28,684,006
Expenses
$28,056,616
Net income
$627,390
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$132$99.5$32.0$65.3$61.7$3.59
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$123$94.3$29.0$67.6$58.6$8.96
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$105$77.9$27.1$58.6$49.1$9.49
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$97.8$80.2$17.6$48.4$43.0$5.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$95.2$83.0$12.2$41.4$36.9$4.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$79.2$71.5$7.69$41.1$36.1$4.97
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.5$71.8$2.71$38.9$36.0$2.86
2018Detailed filing. Detailed filing data is available for this year.$71.4$71.6$0.15$28.7$28.1$0.63
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.4$61.1$0.78$24.5$25.5$0.99
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.1$39.9$0.21$20.9$23.8$2.86
2015Detailed filing. Detailed filing data is available for this year.$32.2$29.1$3.07$19.3$18.3$1.02
2014Detailed filing. Detailed filing data is available for this year.$10.8$8.74$2.05$10.4$10.9$0.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.28$0.53$3.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.55$0.12$2.63