Civic Intelligence

The Palm Valley School

990 • Fiscal year 2020 • EIN 95-2133079

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 25, 2021

Organization Profilewww.pvs.org

View Organization Page

35525 Da Vall DrRancho Mirage, CA 92270

(760) 328-0861

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.52x

Higher debt load relative to assets than 73% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

78th percentile

0.98x

Higher debt load relative to revenue than 78% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

25th percentile

-4.7%

Higher net margin than 25% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

67th percentile

$228,557

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

8th percentile

-7.7%

Faster asset growth than 8% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

76th percentile

19%

Faster revenue growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$14,050,076

Down $1,169,569 (-7.7%) from 2019

Net Assets

Down

$6,730,851

Down $352,474 (-5.0%) from 2019

Liabilities

Down

$7,319,225

Down $817,095 (-10%) from 2019

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin25th percentile

Revenue

Up

$7,468,000

Up $1,178,680 (+19%) from 2019

Expenses

Up

$7,820,474

Up $183,540 (+2.4%) from 2019

Net Income

Up

-$352,474

Up $995,140 (+74%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$30M$20M$10M$0Assets 2012: $20,528,533Liabilities 2012: $8,999,795Net Assets 2012: $11,528,7382012Assets 2013: $19,257,807Liabilities 2013: $8,098,302Net Assets 2013: $11,159,5052013Assets 2014: $20,139,961Liabilities 2014: $7,727,381Net Assets 2014: $12,412,5802014Assets 2015: $18,800,698Liabilities 2015: $7,350,237Net Assets 2015: $11,450,4612015Assets 2016: $17,438,523Liabilities 2016: $7,125,255Net Assets 2016: $10,313,2682016Assets 2017: $17,028,418Liabilities 2017: $7,630,285Net Assets 2017: $9,398,1332017Assets 2018: $16,108,696Liabilities 2018: $7,668,059Net Assets 2018: $8,440,6372018Assets 2019: $15,219,645Liabilities 2019: $8,136,320Net Assets 2019: $7,083,3252019Assets 2020: $14,050,076Liabilities 2020: $7,319,225Net Assets 2020: $6,730,8512020Assets 2021: $15,811,228Liabilities 2021: $7,999,529Net Assets 2021: $7,811,6992021Assets 2022: $14,833,118Liabilities 2022: $8,254,619Net Assets 2022: $6,578,4992022Assets 2023: $13,624,821Liabilities 2023: $7,884,361Net Assets 2023: $5,740,4602023Assets 2024: $12,681,291Liabilities 2024: $7,626,522Net Assets 2024: $5,054,7692024

Highlighted filing

2020

Assets$14,050,076
Liabilities$7,319,225
Net Assets$6,730,851
Open 2020 Filing

Operations Trend

Revenue Growth76th percentile

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

$10M$5.0M$0-$5.0MRevenue 2012: $6,206,788Expenses 2012: $6,772,210Net Income 2012: -$565,4222012Expenses 2013: $7,082,7332013Revenue 2014: $7,987,873Expenses 2014: $6,782,116Net Income 2014: $1,205,7572014Revenue 2015: $6,349,992Expenses 2015: $7,262,891Net Income 2015: -$912,8992015Revenue 2016: $5,925,068Expenses 2016: $7,009,659Net Income 2016: -$1,084,5912016Revenue 2017: $5,645,834Expenses 2017: $6,609,376Net Income 2017: -$963,5422017Revenue 2018: $6,406,217Expenses 2018: $7,355,538Net Income 2018: -$949,3212018Revenue 2019: $6,289,320Expenses 2019: $7,636,934Net Income 2019: -$1,347,6142019Revenue 2020: $7,468,000Expenses 2020: $7,820,474Net Income 2020: -$352,4742020Revenue 2021: $7,567,169Expenses 2021: $6,486,321Net Income 2021: $1,080,8482021Revenue 2022: $6,168,174Expenses 2022: $6,979,195Net Income 2022: -$811,0212022Revenue 2023: $7,026,513Expenses 2023: $7,864,552Net Income 2023: -$838,0392023Revenue 2024: $7,733,249Expenses 2024: $8,430,537Net Income 2024: -$697,2882024

Highlighted filing

2020

Revenue$7,468,000
Expenses$7,820,474
Net Income-$352,474
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 25, 2021
Return Version
2019v5.0
Gross Receipts
$7,569,619
Mission and Program Overview

Mission

Palm valley school is an exceptional learning community that educates, nurtures, and challenges each student to achieve excellence and contribute to our global society.

Palm Valley School is an exceptional learning community that educates, nutures, and challenges each student to achieve excellence and contribute to our global society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,872,634$13,013,779▼ $858,855
Cash and Non-Interest-Bearing Accounts$1,129,885$678,905▼ $450,980
Accounts Receivable$154,092$300,261▲ $146,169
Prepaid Expenses and Deferred Charges$64,234$1,428▼ $62,806
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$15,219,645$14,050,076▼ $1,169,569
Other Assets Total$-1,200$55,703▲ $56,903
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,838,222$5,959,304▲ $121,082
Deferred Revenue$1,874,357$693,301▼ $1,181,056
Accounts Payable and Accrued Expenses$423,741$477,562▲ $53,821
Other Liabilities-$189,058-
Total Liabilities$8,136,320$7,319,225▼ $817,095
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,957,434$6,022,788▼ $934,646
Net Assets With Donor Restrictions$125,891$708,063▲ $582,172
Total Net Assets Fund Balance$7,083,325$6,730,851▼ $352,474
Total Liabilities and Net Assets / Fund Balance$15,219,645$14,050,076▼ $1,169,569

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,324,353$11,620,384$22,944,737
Land$1,640,192-$1,640,192
Equipment$-18,117$835,592$817,475
Other Land Buildings$67,351-$67,351

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$588,687--$449,929$138,758
2018$588,687---$588,687
2017$586,860-▲ $26,892-$588,687
2016$546,842-▲ $57,869-$586,860
2015$583,835-▼ $19,319-$546,842
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan RiceCEO Thru 5/2020FT$208,074$20,483$228,557
Candice NelsonCFO Thru 3/2020FT$63,653$3,885$67,538
Jodi WiseleyCFO Thru 3/2019FT$38,914$2,590$41,504
Dr Steven ShermanHead of SchoolFT$40,539-$40,539
Kevin DickersonBusiness ManageFT$4,688-$4,688

Board Members and Trustees

NameTitle
Jennifer JenkinsBoard Chair
Stone JamesVice Chair
Carol ScottDirector
David MuleDirector
Melinda DrickeyDirector
Nate OttoDirector
Roger SnobelDirector
Timothy JochenDirector
Tom ClarkeDirector
Tracy MartinDirector
Cherise SondermanSecretary
Colin KirkpatrickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,180,169
Program Service Revenue
$6,123,947
Investment Income
$-4,672
Other Revenue
$168,556
All Other Contributions
$360,069
Change in Net Assets
$-352,474

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,468,000
Revenue Not Reported on Form 990
$-1,233,912
Total Revenue per Audited Statements
$6,234,088
Total Revenue per Form 990
$7,468,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,028,532
Other Expenses$2,463,613
Grants and Similar Amounts Paid$1,328,329
Total Fundraising Expense$40,286
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,194,969$702,390$29,267$2,926,626
Grants to Domestic Individuals$1,328,329--$1,328,329
Depreciation Depletion$638,739$212,914-$851,653
Other Employee Benefits$308,020$98,566$4,107$410,693
Current Officers, Directors, Trustees, and Key Employees$287,120$91,878$3,828$382,826
Interest$244,714$81,571-$326,285
Payroll Taxes$231,290$74,013$3,084$308,387
Occupancy$187,764$62,588-$250,352
All Other Expenses$154,642$30,204-$184,846
Insurance$165,655$18,407-$184,062
Other Expenses$51,493$12,910-$51,493
Office Expenses$34,858$11,619-$46,477
Advertising-$43,327-$43,327
Fees for Services Other-$27,667-$27,667
Fees for Services Accounting-$16,920-$16,920
Total Functional Expenses$6,138,369$1,641,819$40,286$7,820,474

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,820,474
Total Expenses per Form 990$7,820,474
Total Expenses per Audited Statements$6,586,562
Expenses Not Reported on Form 990$-1,233,912
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$197,896
Fundraising Direct Expenses$94,417
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$197,896$197,896$39,911$157,985
Total Events$197,896$197,896$94,417$103,479
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
SBA Loan Payable$159,900
Due to donor restricted$29,158
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
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, Line 11B: Form 990 Review Process

“Annual board meeting discussion.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Disclosure form is completed annually by Board members.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The compensation committee reviews the headmaster's contract with comparative data from other independent schools as reported by the California Association of Independent Schools, as well as national and local data from similar institutions.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The compensation committee reviews the employee contracts with comparative data from other independent schools as reported by the California Association of Independent Schools, as well as national and local data from similar institutions.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Documents are available by request to the headmaster or the business manager through the school's administrative office. Copies of the filed Form 990 tax returns are available on the GuideStar website.”

Filing and Contact Details

Filer

Filer Name
The Palm Valley School
EIN
95-2133079
Phone
7603280861
Address
35525 Da Vall Dr, Rancho Mirage, CA 92270

Signing Officer

Name
Jennifer Jenkins
Title
Board Chair
Signed
2021-02-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Steven Sherman
Formed
2000
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
12
Employees
108
Volunteers
500

Preparer

Firm
Lund & Guttry LLP
Address
36917 Cook Street Ste 102, Palm Desert, CA 92211
Preparer
Shannon C Maidment
Phone
7605682242
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

“The School's audit committee reviews the audit and meets with the auditor prior to the audit report being finalized.”

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

“The School's endowment consists of funds established for a variety of purposes. Its endowment includes both donor-restricted funds and funds designated by the board of trustees to function as endowments. As required by generally accepted accounting principles, net assets associated with endowment funds, including funds designated by the board of trustees to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions.The endowment investment funds were liquidated during the year ended June 30, 2019 and are now held in the School's cash accounts.”

Part X : FIN48 Footnote

“The School is a Not-for-profit organization exempt from taxes under section 501(c)(3) of the internal revenue code. The School has not engaged in any activities subject to income tax on unrelated business income; therfore, no provision has been made for income taxes.The School's policy is to record income tax related interest and penaltiies in operating expenses. For the years ended June 30, 2020 and 2019, there was no interest or penalties expense recorded and no accrued interest and penalties.Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the school and recognize a tax liability (or asset) if the School has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. Management has analyzed the tax positions taken by the School, and has concluded that as of June 30, 2020 and 2019 there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The School's annual exempt organization tax returns are subject to examination by federal and state taxing authorities, generally for three to four years, respectively, after filed. There are currently no audits for any tax periods in progress.”

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IRS990/Form990PartVIISectionAGrp/PersonNm1Candice Nelson
IRS990/Form990PartVIISectionAGrp/PersonNm2Jodi Wiseley
IRS990/Form990PartVIISectionAGrp/PersonNm3Dr Steven Sherman
IRS990/Form990PartVIISectionAGrp/PersonNm4Kevin Dickerson
IRS990/Form990PartVIISectionAGrp/PersonNm5Jennifer Jenkins
IRS990/Form990PartVIISectionAGrp/PersonNm6Stone James
IRS990/Form990PartVIISectionAGrp/PersonNm7Colin Kirkpatrick
IRS990/Form990PartVIISectionAGrp/PersonNm8Cherise Sonderman
IRS990/Form990PartVIISectionAGrp/PersonNm9David Mule
IRS990/Form990PartVIISectionAGrp/PersonNm10Timothy Jochen
IRS990/Form990PartVIISectionAGrp/PersonNm11Melinda Drickey
IRS990/Form990PartVIISectionAGrp/PersonNm12Tom Clarke
IRS990/Form990PartVIISectionAGrp/PersonNm13Carol Scott
IRS990/Form990PartVIISectionAGrp/PersonNm14Tracy Martin
IRS990/Form990PartVIISectionAGrp/PersonNm15Roger Snobel
IRS990/Form990PartVIISectionAGrp/PersonNm16Nate Otto
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt163653
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt238914
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt340539
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt44688
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO Thru 5/2020
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO Thru 3/2020
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO Thru 3/2019
IRS990/Form990PartVIISectionAGrp/TitleTxt3Head of School
IRS990/Form990PartVIISectionAGrp/TitleTxt4Business Manage
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02000
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt094417
IRS990/FundraisingGrossIncomeAmt0197896
IRS990/GainOrLossGrp/OtherAmt0-7202
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0820100
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01328329
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01328329
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt07569619
IRS990/GrossRentsGrp/RealAmt011071
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt018407
IRS990/InsuranceGrp/ProgramServicesAmt0165655
IRS990/InsuranceGrp/TotalAmt0184062
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt081571
IRS990/InterestGrp/ProgramServicesAmt0244714
IRS990/InterestGrp/TotalAmt0326285
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt02530
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02530
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012455976
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013872634
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013013779
IRS990/LandBldgEquipCostOrOtherBssAmt025469755
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt07202
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Palm Valley School is an exceptional learning community that educates, nutures, and challenges each student to achieve excellence and contribute to our global society.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05838222
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05959304
IRS990/NetAssetsOrFundBalancesBOYAmt07083325
IRS990/NetAssetsOrFundBalancesEOYAmt06730851
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-7202
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-7202
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0103479
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt011071
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt011071
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06957434
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06022788
IRS990/NoncashContributionsAmt07451
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt062588
IRS990/OccupancyGrp/ProgramServicesAmt0187764
IRS990/OccupancyGrp/TotalAmt0250352
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011619
IRS990/OfficeExpensesGrp/ProgramServicesAmt034858
IRS990/OfficeExpensesGrp/TotalAmt046477
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0-1200
IRS990/OtherAssetsTotalGrp/EOYAmt055703
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04107
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt098566
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0308020
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0410693
IRS990/OtherExpensesGrp/Desc0Repairs & maintenance
IRS990/OtherExpensesGrp/Desc1Other overhead
IRS990/OtherExpensesGrp/Desc2Property taxes
IRS990/OtherExpensesGrp/Desc3Books & instructional material
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt057601
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt199244
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt212910
IRS990/OtherExpensesGrp/ProgramServicesAmt0172803
IRS990/OtherExpensesGrp/ProgramServicesAmt199244
IRS990/OtherExpensesGrp/ProgramServicesAmt238729
IRS990/OtherExpensesGrp/ProgramServicesAmt351493
IRS990/OtherExpensesGrp/TotalAmt0230404
IRS990/OtherExpensesGrp/TotalAmt1198488
IRS990/OtherExpensesGrp/TotalAmt251639
IRS990/OtherExpensesGrp/TotalAmt351493
IRS990/OtherLiabilitiesGrp/EOYAmt0189058
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0Other Income
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt054006
IRS990/OtherRevenueTotalAmt054006
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0702390
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02194969
IRS990/OtherSalariesAndWagesGrp/TotalAmt02926626
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03084
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt074013
IRS990/PayrollTaxesGrp/ProgramServicesAmt0231290
IRS990/PayrollTaxesGrp/TotalAmt0308387
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt064234
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01428
IRS990/PrincipalOfficerNm0Dr Steven Sherman
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Auxiliary Services
IRS990/ProgramServiceRevenueGrp/Desc1Tuition & Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt049761
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16074186
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt049761
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16074186
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0247690
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0755841
IRS990/PYInvestmentIncomeAmt05717
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02605631
IRS990/PYOtherRevenueAmt0210743
IRS990/PYProgramServiceRevenueAmt05825170
IRS990/PYRevenuesLessExpensesAmt0-1347614
IRS990/PYSalariesCompEmpBnftPaidAmt04275462
IRS990/PYTotalExpensesAmt07636934
IRS990/PYTotalRevenueAmt06289320
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-352474
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/RentalIncomeOrLossGrp/RealAmt011071
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IRS990/ReportLandBuildingEquipmentInd0true

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,050,076
Liabilities
$7,319,225
Net assets
$6,730,851
Revenue
$7,468,000
Expenses
$7,820,474
Net income
-$352,474
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$7.63$5.05$7.73$8.43$0.70
2023Summary only. Only limited summary data is available for this year.$13.6$7.88$5.74$7.03$7.86$0.84
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.8$8.25$6.58$6.17$6.98$0.81
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.8$8.00$7.81$7.57$6.49$1.08
2020Detailed filing. Detailed filing data is available for this year.$14.1$7.32$6.73$7.47$7.82$0.35
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.2$8.14$7.08$6.29$7.64$1.35
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.1$7.67$8.44$6.41$7.36$0.95
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.0$7.63$9.40$5.65$6.61$0.96
2016Detailed filing. Detailed filing data is available for this year.$17.4$7.13$10.3$5.93$7.01$1.08
2015Detailed filing. Detailed filing data is available for this year.$18.8$7.35$11.5$6.35$7.26$0.91
2014Summary only. Only limited summary data is available for this year.$20.1$7.73$12.4$7.99$6.78$1.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.3$8.10$11.2$7.08
2012Summary only. Only limited summary data is available for this year.$20.5$9.00$11.5$6.21$6.77$0.57