Civic Intelligence

The Salem Academy

990 • Fiscal year 2023 • EIN 93-0425880

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 24, 2023

Organization ProfileWWW.SALEMACADEMY.ORG

View Organization Page

942 Lancaster DriveSalem, OR 97301

(503) 378-1219

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.14x

Higher debt load relative to assets than 52% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

48th percentile

0.16x

Higher debt load relative to revenue than 48% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

64th percentile

11%

Higher net margin than 64% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

48th percentile

$122,839

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

67th percentile

12%

Faster asset growth than 67% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

60th percentile

12%

Faster revenue growth than 60% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$9,202,937

Up $1,018,215 (+12%) from 2022

Net Assets

Up

$7,884,456

Up $930,792 (+13%) from 2022

Liabilities

Up

$1,318,481

Up $87,423 (+7.1%) from 2022

Revenue And Expenses
Liabilities / Revenue48th percentileNet Margin64th percentile

Revenue

Up

$8,061,046

Up $847,571 (+12%) from 2022

Expenses

Up

$7,194,150

Up $868,560 (+14%) from 2022

Net Income

Down

$866,896

Down $20,989 (-2.4%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $6,375,751Liabilities 2010: $3,281,073Net Assets 2010: $3,094,6782010Assets 2011: $6,619,821Liabilities 2011: $3,768,412Net Assets 2011: $2,851,4092011Assets 2012: $6,624,714Liabilities 2012: $3,735,698Net Assets 2012: $2,889,0162012Assets 2013: $6,487,022Liabilities 2013: $3,024,254Net Assets 2013: $3,462,7682013Assets 2014: $5,960,233Liabilities 2014: $1,881,080Net Assets 2014: $4,079,1532014Assets 2015: $5,841,016Liabilities 2015: $1,717,533Net Assets 2015: $4,123,4832015Assets 2016: $5,719,820Liabilities 2016: $1,430,436Net Assets 2016: $4,289,3842016Assets 2017: $5,342,004Liabilities 2017: $961,086Net Assets 2017: $4,380,9182017Assets 2018: $5,459,621Liabilities 2018: $1,022,554Net Assets 2018: $4,437,0672018Assets 2019: $5,160,795Liabilities 2019: $1,082,766Net Assets 2019: $4,078,0292019Assets 2020: $5,707,404Liabilities 2020: $1,689,992Net Assets 2020: $4,017,4122020Assets 2021: $7,222,683Liabilities 2021: $1,092,314Net Assets 2021: $6,130,3692021Assets 2022: $8,184,722Liabilities 2022: $1,231,058Net Assets 2022: $6,953,6642022Assets 2023: $9,202,937Liabilities 2023: $1,318,481Net Assets 2023: $7,884,4562023Assets 2024: $15,565,284Liabilities 2024: $1,218,191Net Assets 2024: $14,347,0932024Assets 2025: $16,413,601Liabilities 2025: $1,246,600Net Assets 2025: $15,167,0012025

Highlighted filing

2023

Assets$9,202,937
Liabilities$1,318,481
Net Assets$7,884,456
Open 2023 Filing

Operations Trend

Revenue Growth60th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,736,3782010Expenses 2011: $4,742,1912011Expenses 2012: $4,946,8262012Expenses 2013: $4,614,1292013Revenue 2014: $6,305,913Expenses 2014: $5,706,974Net Income 2014: $598,9392014Revenue 2015: $5,803,009Expenses 2015: $5,714,052Net Income 2015: $88,9572015Revenue 2016: $6,288,363Expenses 2016: $6,049,394Net Income 2016: $238,9692016Revenue 2017: $6,085,492Expenses 2017: $6,015,881Net Income 2017: $69,6112017Revenue 2018: $5,843,082Expenses 2018: $5,888,978Net Income 2018: -$45,8962018Revenue 2019: $5,795,808Expenses 2019: $6,071,399Net Income 2019: -$275,5912019Revenue 2020: $5,664,542Expenses 2020: $5,721,144Net Income 2020: -$56,6022020Revenue 2021: $6,147,968Expenses 2021: $4,283,911Net Income 2021: $1,864,0572021Revenue 2022: $7,213,475Expenses 2022: $6,325,590Net Income 2022: $887,8852022Revenue 2023: $8,061,046Expenses 2023: $7,194,150Net Income 2023: $866,8962023Revenue 2024: $13,713,962Expenses 2024: $7,516,342Net Income 2024: $6,197,6202024Revenue 2025: $8,642,709Expenses 2025: $7,836,635Net Income 2025: $806,0742025

Highlighted filing

2023

Revenue$8,061,046
Expenses$7,194,150
Net Income$866,896
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 24, 2023
Return Version
2022v5.0
Gross Receipts
$8,108,911
Mission and Program Overview

Mission

To provide an excellent education from a christ-centered, biblical perspective so that our students might know and serve god.

To provide an excellent education from a christ-centered, biblical perspective to students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,940,292$4,450,039▲ $509,747
Savings and Temporary Cash Investments$2,321,195$2,472,120▲ $150,925
Investments in Publicly Traded Securities$537,252$1,366,569▲ $829,317
Cash and Non-Interest-Bearing Accounts$832,016$821,050▼ $10,966
Accounts Receivable$474,717$58,548▼ $416,169
Inventories for Sale or Use$17,797$19,125▲ $1,328
Pledges and Grants Receivable$59,943$15,362▼ $44,581
Prepaid Expenses and Deferred Charges$1,510$124▼ $1,386
Total Assets$8,184,722$9,202,937▲ $1,018,215
Liabilities
Accounts Payable and Accrued Expenses$674,460$824,902▲ $150,442
Deferred Revenue$495,286$441,410▼ $53,876
Escrow Account Liability$61,312$52,169▼ $9,143
Total Liabilities$1,231,058$1,318,481▲ $87,423
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,695,103$7,651,826▲ $956,723
Net Assets With Donor Restrictions$258,561$232,630▼ $25,931
Total Net Assets Fund Balance$6,953,664$7,884,456▲ $930,792
Total Liabilities and Net Assets / Fund Balance$8,184,722$9,202,937▲ $1,018,215

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,745,827$3,092,346$5,838,173
Equipment$701,377$2,988,694$3,690,071
Land$537,964-$537,964
Other Land Buildings$464,871-$464,871
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John TylerSuperintendentFT$114,810$8,029$122,839
Jeff KlineDirector of FinanceFT$74,390$8,016$82,406

Board Members and Trustees

NameTitle
Nate CookeBoard Chair
Angela WilliamsVice Chair
Aaron ImigTrustee
Joel BlountTrustee
Kevin CampbellSecretary
Lori MuscuttTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Baez Sports GroupTurf Field Replacement4920 SOUTHAMPTON DR SE, Salem, OR 97206$351,739
Rich Duncan Construction INCSteam Building Remodel2295 RURAL AVE SE, Salem, OR 97302$145,201
Salem Heating And Sheet Metal INCHvac For Elementary Building1225 22ND ST SE, Salem, OR 97302$113,676
Revenue and Support

Revenue Composition

Contributions and Grants
$821,935
Program Service Revenue
$6,991,627
Investment Income
$74,470
Other Revenue
$173,014
All Other Contributions
$756,505
Change in Net Assets
$866,896

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Closely Held Stock1$82,191Fair Market Value (FMV)
Other Non Cash Contri Table4$1,726Fair Market Value (FMV)
Food Inventory1$240-
Total Noncash Contributions6$84,157-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,046,452
Revenue Not Reported on Financial Statements
$1,014,594
Revenue Not Reported on Form 990
$145,155
Other Revenue Adjustments
$1,008,327
Total Revenue per Audited Statements
$7,191,607
Total Revenue per Form 990
$8,061,046
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,442,398
Other Expenses$1,743,425
Grants and Similar Amounts Paid$1,008,327
Total Fundraising Expense$91,520
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,251,579$187,472$50,462$3,489,513
Grants to Domestic Individuals$1,008,327--$1,008,327
Other Employee Benefits$430,089$45,369$883$476,341
Depreciation Depletion$349,696$5,877$590$356,163
Payroll Taxes$245,258$24,165$4,573$273,996
Current Officers, Directors, Trustees, and Key Employees$41,821$151,685$9,042$202,548
Occupancy$133,716$4,659$13$138,388
Fees for Services Other$122,750$7,279$160$130,189
All Other Expenses$43,764$2,389$22,728$68,881
Other Expenses$8,991$47,955$0$56,946
Insurance$49,342$787$79$50,208
Advertising$28,437$478$48$28,963
Fees for Services Accounting-$24,000-$24,000
Office Expenses$21,105$1,905$719$23,729
Fees for Service Investment Mgmnt Fees-$6,267-$6,267
Fees for Services Legal-$708-$708
Total Functional Expenses$6,583,959$518,671$91,520$7,194,150

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,194,150
Total Expenses per Audited Statements$6,260,815
Expenses per Audited Statements$6,179,556
Expenses Not Reported on Financial Statements$1,014,594
Other Expense Adjustments$1,008,327
Expenses Not Reported on Form 990$81,259
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$146,017
Fundraising Direct Expenses$47,865
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$211,447$146,017$19,242$126,775
Total Events$211,447$146,017$47,865$98,152
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
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 and/or treasurer review the form 990 along with the audited financial statements prior to filing.”

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

“In the event that any trustees (i.e. Board members) are connected with other corporations with which this corporation may have business dealings, no contracts or other corporation shall be affected by the fact that the trustees of this corporation are interested in or are directors or officers of such other corporations. Any trustee individually may be a party to, or interested in, any contract or transaction with this corporation provided (1) the "interest" of the trustee is disclosed to the board (2) the interested trustee may not vote in favor of the transaction although his/her presence may be counted toward a quorum (3) the board or the executive committee approves the transaction at an annual, a regular, or a special meeting.”

Form 990, Part VI, Section B, Line 15

“The organization has established compensation practices for key employees.”

Form 990, Part VI, Section C, Line 19

“The organization make its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Salem Academy
EIN
93-0425880
Phone
5033781219
Address
942 LANCASTER DRIVE, SALEM, OR 97301

Signing Officer

Name
Nate Cooke
Title
Board Chair
Phone
5033781219
Signed
2023-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nate Cooke
Formed
1945
Legal Domicile
Or
Voting Board Members
6
Independent Board Members
6
Employees
177
Volunteers
350

Preparer

Firm
Aldrich Cpas and Advisors Llp
Address
1903 WRIGHT PLACE 180, CARLSBAD, CA 92008
Preparer
Debra D Smith CPA
Phone
7604318440
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“The school holds funds for various associated student bodies (asb). Deposits and the return of funds are made at the asb's request throughout the year.”

PART X, LINE 2:

“The academy follows accounting standards generally accepted in the united states of america related to the recognition of uncertain tax positions. These standards provide detailed guidance for financial statement recognition, measurement, and disclosure of uncertain tax positions. It requires an entity to recognize the financial statement impact of a tax position when it is more likely than not that the position would not be sustained if examined by a taxing authority. Management has determined that the academy has no uncertain tax positions as of june 30, 2023 and 2022, and therefore no amounts have been accrued.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Tuition discounts 1,008,327.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Tuition discounts 1,008,327.”

Raw XML AppendixShowing 400 of 600 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/Desc0AS A CHRISTIAN SCHOOL, SALEM ACADEMY HAS A SPECIFIC PHILOSOPHY WHICH IS ROOTED IN ITS ARTICLES OF FAITH, FOUNDED ON THE VIEW THAT THE HOLY BIBLE IS THE ONLY WORD OF GOD. SALEM ACADEMY HAS BEEN EQUIPPING STUDENTS TO KNOW AND SERVE GOD THROUGH AN EXCELLENT EDUCATION FROM A BIBLICAL PERSPECTIVE FOR OVER 75 YEARS. SALEM ACADEMY EMPHASIZES EDUCATIONAL EXCELLENCE WHILE SEEKING TO BUILD CHARACTER AND VALUES WITHIN THE LIFE OF EACH STUDENT PRESCHOOL TO GRADE 12.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6SUPERINTENDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR OF FINANCE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01945
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt065430
IRS990/FundraisingDirectExpensesAmt047865
IRS990/FundraisingGrossIncomeAmt0146017
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt01008327
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01008327
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01008327
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt08108911
IRS990/GrossRentsGrp/RealAmt037018
IRS990/GrossSalesOfInventoryAmt037844
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt079
IRS990/InsuranceGrp/ManagementAndGeneralAmt0787
IRS990/InsuranceGrp/ProgramServicesAmt049342
IRS990/InsuranceGrp/TotalAmt050208
IRS990/InventoriesForSaleOrUseGrp/BOYAmt017797
IRS990/InventoriesForSaleOrUseGrp/EOYAmt019125
IRS990/InvestmentIncomeGrp/ExclusionAmt074470
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt074470
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0537252
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01366569
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06081040
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03940292
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04450039
IRS990/LandBldgEquipCostOrOtherBssAmt010531079
IRS990/LegalDomicileStateCd0OR
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE AN EXCELLENT EDUCATION FROM A CHRIST-CENTERED, BIBLICAL PERSPECTIVE SO THAT OUR STUDENTS MIGHT KNOW AND SERVE GOD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06953664
IRS990/NetAssetsOrFundBalancesEOYAmt07884456
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt098152
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt098152
IRS990/NetIncomeOrLossGrp/ExclusionAmt037844
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt037844
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt037018
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt037018
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0110462
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06695103
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07651826
IRS990/NoncashContributionsAmt084157
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt013
IRS990/OccupancyGrp/ManagementAndGeneralAmt04659
IRS990/OccupancyGrp/ProgramServicesAmt0133716
IRS990/OccupancyGrp/TotalAmt0138388
IRS990/OfficeExpensesGrp/FundraisingAmt0719
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01905
IRS990/OfficeExpensesGrp/ProgramServicesAmt021105
IRS990/OfficeExpensesGrp/TotalAmt023729
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0883
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt045369
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0430089
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0476341
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1EDUCATION FEES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt079
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt22144
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02793
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24883
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt347955
IRS990/OtherExpensesGrp/ProgramServicesAmt0394509
IRS990/OtherExpensesGrp/ProgramServicesAmt1251706
IRS990/OtherExpensesGrp/ProgramServicesAmt2202869
IRS990/OtherExpensesGrp/ProgramServicesAmt38991
IRS990/OtherExpensesGrp/TotalAmt0397381
IRS990/OtherExpensesGrp/TotalAmt1251706
IRS990/OtherExpensesGrp/TotalAmt2209896
IRS990/OtherExpensesGrp/TotalAmt356946
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt050462
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0187472
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03251579
IRS990/OtherSalariesAndWagesGrp/TotalAmt03489513
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04573
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt024165
IRS990/PayrollTaxesGrp/ProgramServicesAmt0245258
IRS990/PayrollTaxesGrp/TotalAmt0273996
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt059943
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt015362
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01510
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0124
IRS990/PrincipalOfficerNm0NATE COOKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1CHILDCARE FEES
IRS990/ProgramServiceRevenueGrp/Desc2PRESCHOOL TUITION
IRS990/ProgramServiceRevenueGrp/Desc3OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4ASB FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06211659
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1307599
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2208331
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3103649
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt492417
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06211659
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1307599
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2208331
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3103649
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt492417
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0977439
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0878943
IRS990/PYInvestmentIncomeAmt018331
IRS990/PYOtherExpensesAmt01374886
IRS990/PYOtherRevenueAmt0182118
IRS990/PYProgramServiceRevenueAmt06035587
IRS990/PYRevenuesLessExpensesAmt0887885
IRS990/PYSalariesCompEmpBnftPaidAmt04071761
IRS990/PYTotalExpensesAmt06325590
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07213475
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0866896
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt037018
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06991627
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02321195
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02472120
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BeginningBalanceAmt061312
IRS990ScheduleD/BuildingsGrp/BookValueAmt02745827
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03092346
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05838173
IRS990ScheduleD/DistributionsDuringYearAmt09143
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt034693
IRS990ScheduleD/DonatedServicesUseFcltsAmt081259
IRS990ScheduleD/EndingBalanceAmt052169
IRS990ScheduleD/EquipmentGrp/BookValueAmt0701377
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02988694
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03690071
IRS990ScheduleD/ExpensesNotReportedAmt081259
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01014594
IRS990ScheduleD/ExpensesSubtotalAmt06179556
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt06267
IRS990ScheduleD/InvestmentExpensesNotIncldAmt06267
IRS990ScheduleD/LandGrp/BookValueAmt0537964
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0537964
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0110462
IRS990ScheduleD/OtherExpensesNotIncludedAmt01008327
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0464871
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0464871
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01008327
IRS990ScheduleD/RevenueNotReportedAmt0145155
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01014594
IRS990ScheduleD/RevenueSubtotalAmt07046452
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HOLDS FUNDS FOR VARIOUS ASSOCIATED STUDENT BODIES (ASB). DEPOSITS AND THE RETURN OF FUNDS ARE MADE AT THE ASB'S REQUEST THROUGHOUT THE YEAR.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ACADEMY FOLLOWS ACCOUNTING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THESE STANDARDS PROVIDE DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WOULD NOT BE SUSTAINED IF EXAMINED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THAT THE ACADEMY HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022, AND THEREFORE NO AMOUNTS HAVE BEEN ACCRUED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2TUITION DISCOUNTS 1,008,327.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3TUITION DISCOUNTS 1,008,327.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,202,937
Liabilities
$1,318,481
Net assets
$7,884,456
Revenue
$8,061,046
Expenses
$7,194,150
Net income
$866,896
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.4$1.25$15.2$8.64$7.84$0.81
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.6$1.22$14.3$13.7$7.52$6.20
2023Detailed filing. Detailed filing data is available for this year.$9.20$1.32$7.88$8.06$7.19$0.87
2022Detailed filing. Detailed filing data is available for this year.$8.18$1.23$6.95$7.21$6.33$0.89
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.22$1.09$6.13$6.15$4.28$1.86
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.71$1.69$4.02$5.66$5.72$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.16$1.08$4.08$5.80$6.07$0.28
2018Detailed filing. Detailed filing data is available for this year.$5.46$1.02$4.44$5.84$5.89$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.34$0.96$4.38$6.09$6.02$0.07
2016Detailed filing. Detailed filing data is available for this year.$5.72$1.43$4.29$6.29$6.05$0.24
2015Detailed filing. Detailed filing data is available for this year.$5.84$1.72$4.12$5.80$5.71$0.09
2014Detailed filing. Detailed filing data is available for this year.$5.96$1.88$4.08$6.31$5.71$0.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.49$3.02$3.46$4.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.62$3.74$2.89$4.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.62$3.77$2.85$4.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.38$3.28$3.09$3.74
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $5M-$10M nonprofits