Civic Intelligence

Chesapeake Lighthouse Foundation Inc.

990 • Fiscal year 2021 • EIN 83-0356333

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 21, 2022

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

89th percentile

0.87x

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

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

2.00x

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

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Net Margin

49th percentile

11%

Higher net margin than 49% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

21st percentile

$188,258

Higher top officer pay than 21% of similar nonprofits.

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

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Asset Growth

70th percentile

20%

Faster asset growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

29th percentile

0.9%

Faster revenue growth than 29% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$95,248,368

Up $16,056,314 (+20%) from 2020

Net Assets

Up

$12,207,980

Up $4,522,544 (+59%) from 2020

Liabilities

Up

$83,040,388

Up $11,533,770 (+16%) from 2020

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin49th percentile

Revenue

Up

$41,440,883

Up $351,100 (+0.9%) from 2020

Expenses

Up

$36,918,339

Up $802,417 (+2.2%) from 2020

Net Income

Down

$4,522,544

Down $451,317 (-9.1%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth70th 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

2021

Assets$95,248,368
Liabilities$83,040,388
Net Assets$12,207,980
Open 2021 Filing

Operations Trend

Revenue Growth29th 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

2021

Revenue$41,440,883
Expenses$36,918,339
Net Income$4,522,544
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 21, 2022
Return Version
2020v4.2
Gross Receipts
$41,444,198
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 kindergarten through 12th grade students with a special focus on math, science and technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$59,188,731$58,399,248▼ $789,483
Cash and Non-Interest-Bearing Accounts$8,812,133$16,697,725▲ $7,885,592
Savings and Temporary Cash Investments$8,098,519$8,365,136▲ $266,617
Accounts Receivable-$122,338-
Prepaid Expenses and Deferred Charges-$30,000-
Total Assets$79,192,054$95,248,368▲ $16,056,314
Other Assets Total$3,092,671$11,633,921▲ $8,541,250
Liabilities
Mortgage Notes Payable Secured by Investment Property$68,487,271$67,917,950▼ $569,321
Other Liabilities$2,264,063$13,956,396▲ $11,692,333
Accounts Payable and Accrued Expenses$705,313$750,977▲ $45,664
Deferred Revenue$49,971$415,065▲ $365,094
Total Liabilities$71,506,618$83,040,388▲ $11,533,770
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,685,436$12,207,980▲ $4,522,544
Total Net Assets Fund Balance$7,685,436$12,207,980▲ $4,522,544
Total Liabilities and Net Assets / Fund Balance$79,192,054$95,248,368▲ $16,056,314

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$44,863,650$5,834,393$50,698,043
Land$8,744,843-$8,744,843
Equipment$2,598,245$4,008,410$6,606,655
Leasehold Improvements$2,192,510$3,227,443$5,419,953
Other Assets Org$11,555,134--
Compensation and Service Providers
Top Officer Pay21st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ismail Hakki KaramanCEO Until March 2021FT$163,977$24,281$188,258
Ismail UnlusoyRegional Executive DirectorFT$122,174$29,414$151,588
Zayn Ak Chief Academic OfficerUntil March 2021, Then CEOFT$122,617$27,559$150,176
Erkan DerinDirector of OperationsFT$120,212$25,899$146,111
Vedat DoganCFOFT$110,849$20,049$130,898
Onur GokceDirector of ItFT$113,875-$113,875

Board Members and Trustees

NameTitle
Dr Musa SubasiBoard President
Cathyann AndrewsDirector
Claudia ChangDirector
Dr Mustafa SefikDirector
Lutfi onDirector
Major Pete SmithDirector
Spear LancasterDirector
Francis HawkinsSecretary
Erika KellyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Abm Cleaning ServicesCleaning ServicesPO BOX 419860, Boston, MA 02241$417,185
Carlos MirandaMowing/snow Removal/repairs715 CROSBY ROAD, Catonsville, MD 21228$313,259
Mechanical Engineering And ConstructionHvac Repairs & Maintenance6159 EDMONDSON AVE SUITE A, Catonsville, MD 21228$174,336
Lonergans Charter Service INCBus TransportationPO BOX 21108, Millersville, MD 21108$112,598
Revenue and Support

Revenue Composition

Contributions and Grants
$392,425
Program Service Revenue
$41,040,120
Investment Income
$-2,712
Other Revenue
$11,050
All Other Contributions
$37,528
Change in Net Assets
$4,522,544

Audited Revenue Reconciliation

Revenue per Audited Statements
$41,440,883
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$41,440,883
Total Revenue per Form 990
$41,440,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$23,697,096
Other Expenses$13,221,243
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$14,778,640$3,694,660-$18,473,300
Interest$3,847,982$844,140-$4,692,122
Occupancy$2,347,383$586,846-$2,934,229
Other Employee Benefits$2,329,439$582,359-$2,911,798
Depreciation Depletion$1,627,127$406,782-$2,033,909
Payroll Taxes$1,153,109$288,277-$1,441,386
Current Officers, Directors, Trustees, and Key Employees$430,103$107,526-$537,629
Fees for Services Other$285,277$211,325-$496,602
Office Expenses$228,118$157,187-$385,305
Pension Plan Contributions$266,386$66,597-$332,983
Insurance$94,498$23,624-$118,122
Other Expenses$96,226$152,879-$96,226
All Other Expenses$70,231$17,557-$87,788
Advertising$27,541$6,045-$33,586
Fees for Services Accounting-$32,000-$32,000
Fees for Services Legal-$30,880-$30,880
Conferences and Meetings$11,490$2,872-$14,362
Travel$114$28-$142
Total Functional Expenses$29,706,755$7,211,584$0$36,918,339

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$36,918,339
Total Expenses per Audited Statements$36,918,339
Total Expenses per Form 990$36,918,339
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ismail Hakki KaramanCEOISMAIL HAKKI KARAMAN'S WIFE IS A PART-TIME EMPLOYEE OF THE FOUNDATION.No$17,637
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$7,248,914
Operating Lease Liability$4,797,375
Accrued Interest$1,910,107

Bond Issues

BondIssuerIssuedIssue PricePurpose
APRINCE GEORGE'S COUNTY MARYLAND2015-11-04$34,195,000To retire the previous bonds, building loans, new hvac system, & imrovements
BPRINCE GEORGE'S COUNTY MARYLAND2016-12-01$21,055,000Pay in full outstanding building loan & construction of cmit academy high
CPRINCE GEORGE'S COUNTY MARYLAND2018-11-07$14,650,000To retire the previous bonds & building loans for cmit south elementary

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$34,195,000---
B$21,055,000---
C$14,650,000---

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
Yes
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
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 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
Yilmaz Ak
Title
Chief Executive Officer
Phone
3017762300
Signed
2022-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yilmaz Ak
Formed
2003
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
9
Employees
120
Volunteers
9

Preparer

Firm
Jm&m
Address
10500 LITTLE PATUXENT PARKWAY SUITE, 770, COLUMBIA, MD 21044
Preparer
Tina Peacher
Phone
4108840220
Supplemental Narrative

Additional Explanations

FORM 990, PAGE 1, ITEM C. DOING BUSINESS AS NAMES:

“Chesapeake lighthouse foundation, inc. ("the foundation") operates under two additional names: chesapeake math & it academy north ("cmit north") and chesapeake math & it academy south ("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. The organization does not believe its financial statements include any uncertain tax positions.”

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IRS990/Form990PartVIISectionAGrp/PersonNm1ERIKA KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm2FRANCIS HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm3SPEAR LANCASTER
IRS990/Form990PartVIISectionAGrp/PersonNm4DR MUSTAFA SEFIK
IRS990/Form990PartVIISectionAGrp/PersonNm5CLAUDIA CHANG
IRS990/Form990PartVIISectionAGrp/PersonNm6CATHYANN ANDREWS
IRS990/Form990PartVIISectionAGrp/PersonNm7LUTFI ON
IRS990/Form990PartVIISectionAGrp/PersonNm8MAJOR PETE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm9ISMAIL HAKKI KARAMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10VEDAT DOGAN
IRS990/Form990PartVIISectionAGrp/PersonNm11ZAYN AK CHIEF ACADEMIC OFFICER
IRS990/Form990PartVIISectionAGrp/PersonNm12ISMAIL UNLUSOY
IRS990/Form990PartVIISectionAGrp/PersonNm13ERKAN DERIN
IRS990/Form990PartVIISectionAGrp/PersonNm14ONUR GOKCE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9163977
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10110849
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11122617
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12122174
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13120212
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14113875
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO UNTIL MARCH 2021
IRS990/Form990PartVIISectionAGrp/TitleTxt10CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt11UNTIL MARCH 2021, THEN CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12REGIONAL EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR OF IT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-3315
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0354897
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt041444198
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt023624
IRS990/InsuranceGrp/ProgramServicesAmt094498
IRS990/InsuranceGrp/TotalAmt0118122
IRS990/InterestGrp/ManagementAndGeneralAmt0844140
IRS990/InterestGrp/ProgramServicesAmt03847982
IRS990/InterestGrp/TotalAmt04692122
IRS990/InvestmentIncomeGrp/ExclusionAmt0603
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0603
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt0112
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013070246
IRS990/LandBldgEquipBasisNetGrp/BOYAmt059188731
IRS990/LandBldgEquipBasisNetGrp/EOYAmt058399248
IRS990/LandBldgEquipCostOrOtherBssAmt071469494
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03315
IRS990/LoanOutstandingInd00
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/BOYAmt068487271
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt067917950
IRS990/NetAssetsOrFundBalancesBOYAmt07685436
IRS990/NetAssetsOrFundBalancesEOYAmt012207980
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-3315
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-3315
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07685436
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt012207980
IRS990/NoncashContributionsAmt0744
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0586846
IRS990/OccupancyGrp/ProgramServicesAmt02347383
IRS990/OccupancyGrp/TotalAmt02934229
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0157187
IRS990/OfficeExpensesGrp/ProgramServicesAmt0228118
IRS990/OfficeExpensesGrp/TotalAmt0385305
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03092671
IRS990/OtherAssetsTotalGrp/EOYAmt011633921
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0582359
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02329439
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02911798
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2ENRICHMENT/EDUCATION
IRS990/OtherExpensesGrp/Desc3BUS TRANSPORTATION
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0152879
IRS990/OtherExpensesGrp/ProgramServicesAmt01301811
IRS990/OtherExpensesGrp/ProgramServicesAmt1611518
IRS990/OtherExpensesGrp/ProgramServicesAmt2199762
IRS990/OtherExpensesGrp/ProgramServicesAmt396226
IRS990/OtherExpensesGrp/TotalAmt01301811
IRS990/OtherExpensesGrp/TotalAmt1764397
IRS990/OtherExpensesGrp/TotalAmt2199762
IRS990/OtherExpensesGrp/TotalAmt396226
IRS990/OtherLiabilitiesGrp/BOYAmt02264063
IRS990/OtherLiabilitiesGrp/EOYAmt013956396
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0CASHBACK REWARDS
IRS990/OtherRevenueMiscGrp/ExclusionAmt011050
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011050
IRS990/OtherRevenueTotalAmt011050
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03694660
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt014778640
IRS990/OtherSalariesAndWagesGrp/TotalAmt018473300
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0288277
IRS990/PayrollTaxesGrp/ProgramServicesAmt01153109
IRS990/PayrollTaxesGrp/TotalAmt01441386
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt066597
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0266386
IRS990/PensionPlanContributionsGrp/TotalAmt0332983
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030000
IRS990/PrincipalOfficerNm0YILMAZ AK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1990009
IRS990/ProgramServiceRevenueGrp/Desc0PER PUPIL FUNDING
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt041029834
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110286
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt041029834
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110286
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt017705
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt088012
IRS990/PYOtherExpensesAmt012562300
IRS990/PYOtherRevenueAmt011000
IRS990/PYProgramServiceRevenueAmt040973066
IRS990/PYRevenuesLessExpensesAmt04973861
IRS990/PYSalariesCompEmpBnftPaidAmt023553622
IRS990/PYTotalExpensesAmt036115922
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt041089783
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04522544
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt041040120
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08098519
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08365136
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt044863650
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05834393
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt050698043
IRS990ScheduleD/EquipmentGrp/BookValueAmt02598245
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04008410
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06606655
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt036918339
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt08744843
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt08744843
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02192510
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03227443
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05419953
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt078787
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt111555134
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OPERATING LEASE RIGHT-OF-USE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01910107
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17248914

Document Assets

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Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$95,248,368
Liabilities
$83,040,388
Net assets
$12,207,980
Revenue
$41,440,883
Expenses
$36,918,339
Net income
$4,522,544
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
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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