Civic Intelligence

Silverwood School

990 • Fiscal year 2015 • EIN 91-1423631

Jul 01, 2014 to Jun 30, 2015 • Filed on May 04, 2016

Organization ProfileWWW.SILVERWOODSCHOOL.ORG
14000 Central Valley Road NWPoulsbo, WA 98370

(360) 697-7526

Siviq Scores

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

Liabilities / Assets

86th percentile

0.75x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

87th percentile

1.38x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

22nd percentile

-9.0%

Higher net margin than 22% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

14th percentile

-9.1%

Faster asset growth than 14% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

31st percentile

-4.1%

Faster revenue growth than 31% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$1,157,979

Down $115,589 (-9.1%) from 2014

Net Assets

Down

$284,056

Down $56,807 (-17%) from 2014

Liabilities

Down

$873,923

Down $58,782 (-6.3%) from 2014

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin22nd percentile

Revenue

Down

$631,649

Down $26,797 (-4.1%) from 2014

Expenses

Up

$688,456

Up $25,250 (+3.8%) from 2014

Net Income

Down

-$56,807

Down $52,047 (-1093%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $1,271,325Liabilities 2011: $885,532Net Assets 2011: $385,7932011Assets 2012: $1,184,378Liabilities 2012: $797,211Net Assets 2012: $387,1672012Assets 2013: $1,177,762Liabilities 2013: $760,555Net Assets 2013: $417,2072013Assets 2014: $1,273,568Liabilities 2014: $932,705Net Assets 2014: $340,8632014Assets 2015: $1,157,979Liabilities 2015: $873,923Net Assets 2015: $284,0562015Assets 2016: $1,169,355Liabilities 2016: $926,605Net Assets 2016: $242,7502016Assets 2017: $1,218,289Liabilities 2017: $964,629Net Assets 2017: $253,6602017Assets 2018: $1,294,765Liabilities 2018: $930,384Net Assets 2018: $364,3812018Assets 2019: $1,294,969Liabilities 2019: $924,488Net Assets 2019: $370,4812019Assets 2020: $1,297,677Liabilities 2020: $898,260Net Assets 2020: $399,4172020Assets 2021: $1,126,666Liabilities 2021: $680,102Net Assets 2021: $446,5642021Assets 2022: $1,236,419Liabilities 2022: $610,632Net Assets 2022: $625,7872022Assets 2023: $1,156,960Liabilities 2023: $598,156Net Assets 2023: $558,8042023Assets 2024: $1,452,172Liabilities 2024: $982,887Net Assets 2024: $469,2852024

Highlighted filing

2015

Assets$1,157,979
Liabilities$873,923
Net Assets$284,056
Open 2015 Filing

Operations Trend

Revenue Growth31st percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $662,257Expenses 2011: $682,682Net Income 2011: -$20,4252011Revenue 2012: $724,372Expenses 2012: $722,998Net Income 2012: $1,3742012Expenses 2013: $636,1842013Revenue 2014: $658,446Expenses 2014: $663,206Net Income 2014: -$4,7602014Revenue 2015: $631,649Expenses 2015: $688,456Net Income 2015: -$56,8072015Revenue 2016: $587,654Expenses 2016: $628,960Net Income 2016: -$41,3062016Revenue 2017: $622,862Expenses 2017: $611,952Net Income 2017: $10,9102017Revenue 2018: $760,909Expenses 2018: $650,188Net Income 2018: $110,7212018Revenue 2019: $675,400Expenses 2019: $669,300Net Income 2019: $6,1002019Revenue 2020: $677,013Expenses 2020: $648,079Net Income 2020: $28,9342020Revenue 2021: $776,458Expenses 2021: $729,312Net Income 2021: $47,1462021Revenue 2022: $1,169,186Expenses 2022: $989,963Net Income 2022: $179,2232022Revenue 2023: $1,267,083Expenses 2023: $1,315,313Net Income 2023: -$48,2302023Revenue 2024: $1,390,538Expenses 2024: $1,480,056Net Income 2024: -$89,5182024

Highlighted filing

2015

Revenue$631,649
Expenses$688,456
Net Income-$56,807
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 4, 2016
Return Version
2014v6.0
Gross Receipts
$644,518
Mission and Program Overview

Mission

We are an independent school for children in grades k-6. We challenge our students to become confident, compassionate citizens and skilled, life-long learners - literate, motivated and intellectually adventurous.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$808,438$782,379▼ $26,059
Accounts Receivable$229,229$216,297▼ $12,932
Savings and Temporary Cash Investments$169,589$120,540▼ $49,049
Cash and Non-Interest-Bearing Accounts$62,525$34,793▼ $27,732
Intangible Assets$3,787$3,318▼ $469
Prepaid Expenses and Deferred Charges-$652-
Total Assets$1,273,568$1,157,979▼ $115,589
Liabilities
Mortgage Notes Payable Secured by Investment Property$580,187$561,541▼ $18,646
Deferred Revenue$335,285$293,480▼ $41,805
Accounts Payable and Accrued Expenses$17,233$18,902▲ $1,669
Total Liabilities$932,705$873,923▼ $58,782
Net Assets / Fund Balance
Unrestricted Net Assets$340,863$284,056▼ $56,807
Total Net Assets Fund Balance$340,863$284,056▼ $56,807
Total Liabilities and Net Assets / Fund Balance$1,273,568$1,157,979▼ $115,589

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$409,671$247,332$657,003
Leasehold Improvements$175,149$117,982$293,131
Land$185,000-$185,000
Equipment$4,205$68,193$72,398
Other Land Buildings$8,354$48,054$56,408
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
John CoombsPresident
Eric KebkerVice President
Julie Mcelroy-brownBoard Member
Loxie Anne Schle-senneBoard Member
Neal WilliamsBoard Member
Tom DanaherBoard Member
Peggy IversonEx-official
Mary KunishSecretary
Shelley HagleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$71,002
Program Service Revenue
$557,333
Investment Income
$952
Other Revenue
$2,362
All Other Contributions
$5,035
Change in Net Assets
$-56,807
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$405,334
Other Expenses$196,309
Grants and Similar Amounts Paid$86,813
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$252,559$114,454-$367,013
Grants to Domestic Individuals$86,813--$86,813
Payroll Taxes$24,418$11,065-$35,483
Office Expenses$22,086$10,445-$32,531
Interest$31,447--$31,447
Depreciation Depletion$31,337--$31,337
Occupancy$27,836--$27,836
Insurance$9,761--$9,761
Information Technology$3,658$1,885-$5,543
Advertising$4,126--$4,126
Other Employee Benefits$2,838--$2,838
Other Expenses$3,158$1,665-$1,665
Fees for Services Accounting-$1,500-$1,500
Total Functional Expenses$547,442$141,014$0$688,456
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,231
Fundraising Direct Expenses$12,869
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Campaign$26,032-$498-
Auction$42,937$3,002$3,787$-785
Total Events$81,198$15,231$12,869$2,362
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 11

“The board of trustees, president and finance committee were given copies of this form 990 to review before filing.”

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

“The board has adopted a formal conflict of interest policy and includes it in the contract signed by each trustee. Trustees are talked to complete an annual questionnaire disclosing any potential conflict and to bring any such issues before the board for its consideration and are bound by its policy to abstain from any vote which may result in a conflict of interest situation.”

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

“Officers are not compensated for their service. The board has one employee, the head of school, whose compensation is approved by the board during its approval of employment contract. Various sources of salary data are used in conjunction with school financial projections and performance evaluation to determine the compensation for the head of school. Approval of the contract and compensation is noted in the board minutes.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, forms 990, and financial statement available to the public upon request in the business office.”

Filing and Contact Details

Filer

Filer Name
Silverwood School
EIN
91-1423631
Phone
3606977526
Address
14000 CENTRAL VALLEY ROAD NW, POULSBO, WA 98370

Signing Officer

Name
Shelley Hagle
Title
Treasurer
Phone
3606977526
Signed
2016-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Coombs
Formed
1984
Legal Domicile
Wa
Voting Board Members
8
Independent Board Members
8
Employees
24
Volunteers
60

Preparer

Firm
Hearthstone CPA Group
Address
4312 KITSAP WAY SUITE 102, BREMERTON, WA 98312
Preparer
Neal Williams CPA
Phone
3604794611
Raw XML AppendixShowing 400 of 448 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/PartialLiquidationInd00
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IRS990/PayrollTaxesGrp/ProgramServicesAmt024418
IRS990/PayrollTaxesGrp/TotalAmt035483
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0652
IRS990/PrincipalOfficerNm0JOHN COOMBS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1EXTENDED DAY SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0487437
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt135640
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt234256
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0487437
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt135640
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt234256
IRS990/ProgSrvcAccomActy2Grp/Desc0SUMMER SCHOOL PROGRAM, FOR PRE-K THROUGH SIXTH GRADE SILVERWOOD SCHOOL IS A WONDERFUL PLACE FOR SUMMERTIME LEARNING AND FUN.OUR BEAUTIFUL AND SAFE 18-ACRE CAMPUS IS A NATURAL WONDERLAND WHERE YOUR CHILD WILL FLOURISH. WE ARE OFFERING A FULL SUMMER OF EDUCATION ACTIVITIES AS WELL AS EXTENDED HOURS FOR BEFORE AND AFTER CARE. SUMMER CAMPERS ENTERING GRADES PRE-SCHOOL THROUGH SIXTH GRADE WILL ENJOY A WEALTH OF ACTIVITIES INCLUDING SPORTS, GARDENING, ART, MUSIC, SCIENCE, COOKING, CREATIVE WRITING, DRAMA, AND MORE. PRE-K THROUGH 6TH GRADE, OFFERING HALF DAYS AND FULL DAYS. FROM THE LAST WEEK OF JUNE THROUGH THE SECOND WEEK OF AUGUST. DROP-OFF IS AVAILABLE AS EARLY AS 7:00 AM AND PICK UP IS AVAILABLE UNTIL 5:00PM. GRADE LEVEL PROGRAMS RUN FROM 9AM - 4PM. STUDENTS SHOULD BRING A SACK LUNCH FROM HOME. SNACK AND SUPPLIES WILL BE PROVIDED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt016827
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt023177
IRS990/ProgSrvcAccomActy3Grp/Desc0EXTENDED SERVICES AND OTHER ACTIVITIES PROVIDED FOR STUDENTS. WE PROVIDE EXTENDED HOURS SERVICES FOR OUR STUDENTS TO ACCOMMODATE PARENT SCHEDULES BY PROVIDING CARE AND TUTORING WITH HOMEWORK. OUR DOORS OPEN AT 7AM AND WE HAVE STAFF READY TO WORK WITH STUDENTS UNTIL 5:30PM AT NIGHT MONDAY THROUGH FRIDAY. WE ALSO OFFER VARIED CLUBS AND ACTIVITIES THROUGHOUT THE SCHOOL YEAR BASED ON THE CURRENT INTERESTS AND TRENDS THAT OUR STUDENTS DEVELOP. THESE AFTER SCHOOL CLUBS RUN DIFFERENT LENGTHS OF TIMES AFTER SCHOOL DURING THE WEEK.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt09592
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt012463
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt081985
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt082299
IRS990/PYInvestmentIncomeAmt0852
IRS990/PYOtherExpensesAmt0162447
IRS990/PYOtherRevenueAmt086
IRS990/PYProgramServiceRevenueAmt0575523
IRS990/PYRevenuesLessExpensesAmt0-4760
IRS990/PYSalariesCompEmpBnftPaidAmt0418460
IRS990/PYTotalExpensesAmt0663206
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0658446
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt0-56807
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0522645
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0169589
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0120540
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/BookValueAmt0409671
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0247332
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0657003
IRS990ScheduleD/EquipmentGrp/BookValueAmt04205
IRS990ScheduleD/EquipmentGrp/DepreciationAmt068193
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt072398
IRS990ScheduleD/LandGrp/BookValueAmt0185000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0185000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0175149
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0117982
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0293131
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08354
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt048054
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt056408
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0782379
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
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt065967
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt039935
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt026032
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012869
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ANNUAL CAMPAIGN
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt07880
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt07880
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt042937
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt026032
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt012229
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt081198
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt03002
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt012229
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015231
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt02362
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04285
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03787
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0498
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0704
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0704
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID AND TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt086813
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0EDUCATIONAL SUPPORT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt020
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0OUR FINANCIAL AID ALLOTMENTS ARE MADE CONFIDENTIALLY AND DISCREETLY BY A COMMITTEE THAT MEETS IN EARLY MARCH USING INFORMATION PROVIDED BY APPLICANTS TO FAST (FINANCIAL AID FOR SCHOOL TUITION), A PART OF ISM (INDEPENDENT SCHOOL MANAGEMENT).
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF TRUSTEES, PRESIDENT AND FINANCE COMMITTEE WERE GIVEN COPIES OF THIS FORM 990 TO REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD HAS ADOPTED A FORMAL CONFLICT OF INTEREST POLICY AND INCLUDES IT IN THE CONTRACT SIGNED BY EACH TRUSTEE. TRUSTEES ARE TALKED TO COMPLETE AN ANNUAL QUESTIONNAIRE DISCLOSING ANY POTENTIAL CONFLICT AND TO BRING ANY SUCH ISSUES BEFORE THE BOARD FOR ITS CONSIDERATION AND ARE BOUND BY ITS POLICY TO ABSTAIN FROM ANY VOTE WHICH MAY RESULT IN A CONFLICT OF INTEREST SITUATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS ARE NOT COMPENSATED FOR THEIR SERVICE. THE BOARD HAS ONE EMPLOYEE, THE HEAD OF SCHOOL, WHOSE COMPENSATION IS APPROVED BY THE BOARD DURING ITS APPROVAL OF EMPLOYMENT CONTRACT. VARIOUS SOURCES OF SALARY DATA ARE USED IN CONJUNCTION WITH SCHOOL FINANCIAL PROJECTIONS AND PERFORMANCE EVALUATION TO DETERMINE THE COMPENSATION FOR THE HEAD OF SCHOOL. APPROVAL OF THE CONTRACT AND COMPENSATION IS NOTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORMS 990, AND FINANCIAL STATEMENT AVAILABLE TO THE PUBLIC UPON REQUEST IN THE BUSINESS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
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
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01273568
IRS990/TotalAssetsEOYAmt01157979
IRS990/TotalAssetsGrp/BOYAmt01273568
IRS990/TotalAssetsGrp/EOYAmt01157979
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt071002
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0141014
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0547442
IRS990/TotalFunctionalExpensesGrp/TotalAmt0688456
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0932705
IRS990/TotalLiabilitiesEOYAmt0873923
IRS990/TotalLiabilitiesGrp/BOYAmt0932705
IRS990/TotalLiabilitiesGrp/EOYAmt0873923
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0340863
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0284056
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0547442
IRS990/TotalProgramServiceRevenueAmt0557333
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02362
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0558285

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,157,979
Liabilities
$873,923
Net assets
$284,056
Revenue
$631,649
Expenses
$688,456
Net income
-$56,807
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.98$0.47$1.39$1.48$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.60$0.56$1.27$1.32$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.61$0.63$1.17$0.99$0.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.68$0.45$0.78$0.73$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.90$0.40$0.68$0.65$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.92$0.37$0.68$0.67$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.93$0.36$0.76$0.65$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.96$0.25$0.62$0.61$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.17$0.93$0.24$0.59$0.63$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.16$0.87$0.28$0.63$0.69$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.27$0.93$0.34$0.66$0.66$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.76$0.42$0.64
2012Summary only. Only limited summary data is available for this year.$1.18$0.80$0.39$0.72$0.72$0.00
2011Summary only. Only limited summary data is available for this year.$1.27$0.89$0.39$0.66$0.68$0.02