BETA

FOUNDING FOURTEEN: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
FOUNDING FOURTEEN (EIN 47-2730451)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-01-30
IRS object ID
202410309349301351
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-01-30T10:59:53-06:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN832175462PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARSHALL JONESBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13097 E SHADOWLAWN AVE NEAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30305ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN472730451EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FOUNDING FOURTEEN INCBusinessNameLine1Txt
Business Name Line2FULTON ACADEMY OF SCIENCE AND TECHNOLOGYBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFOUNBusinessNameControlTxt
Phone6783211100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111365 CRABAPPLE ROADAddressLine1Txt
CityROSWELLCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30075ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSEPH AKPANPersonNm
Person TitleBOARD CHAIRPersonTitleTxt
Phone6783211100PhoneNum
Signature2024-01-30SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOSEPHPersonFirstNm
Person LastAKPANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNATHAN LUMMUSPreparerPersonNm
PTINP02049603PTIN
Phone4042312001PhoneNum
Preparation2024-01-30PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1FULTON ACADEMY OF SCIENCE AND TECHNOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerJOSEPH AKPANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line111365 CRABAPPLE ROADAddressLine1Txt
CityROSWELLCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30075ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,336,360GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FASTK8.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateGALegalDomicileStateCd
Activity Or MissionTHE MISSION OF FULTON ACADEMY OF SCIENCE AND TECHNOLOGY (FAST) IS TO PROVIDE AN EDUCATION BASED ON DESIGN THINKING AND PROBLEM-SOLVING WITH AN EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) TO K-8 CHILDREN IN THE DIVERSE FULTON COUNTY COMMUNITY. FAST'S GOAL IS TO PREPARE CHILDREN IN A WAY THAT PROVIDES THEM A FOUNDATION TO BE CREATIVE INNOVATORS AND PROBLEM SOLVERS SO THEY ARE PREPARED FOR SUCCESS AND LEADERSHIP IN OUR RAPIDLY CHANGING WORLD. WITH THE DIVERSE DEMOGRAPHICS OF OUR EXISTING COMMUNITY SERVING AS THE BACKGROUND THEME FOR ACADEMICS, CHILDREN WILL DEVELOP THE FOUNDATIONS FOR LEARNING AND THINKING THAT PREPARES THEM FOR SUCCESS IN POST-SECONDARY EDUCATION AND CAREERS.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,575,994PYContributionsGrantsAmt
CY Contributions Grants$7,180,180CYContributionsGrantsAmt
PY Program Service Revenue$129,860PYProgramServiceRevenueAmt
CY Program Service Revenue$156,180CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$6,705,854PYTotalRevenueAmt
CY Total Revenue$7,336,360CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,937,814PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,015,769CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,171,251PYOtherExpensesAmt
CY Other Expenses$2,788,183CYOtherExpensesAmt
PY Total Expenses$7,109,065PYTotalExpensesAmt
CY Total Expenses$7,803,952CYTotalExpensesAmt
PY Revenues Less Expenses-$403,211PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$467,592CYRevenuesLessExpensesAmt
Total Assets BOY$29,022,415TotalAssetsBOYAmt
Total Assets EOY$30,396,077TotalAssetsEOYAmt
Total Liabilities BOY$31,968,363TotalLiabilitiesBOYAmt
Total Liabilities EOY$33,809,617TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$2,945,948NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$3,413,540NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF FULTON ACADEMY OF SCIENCE AND TECHNOLOGY (FAST) IS TO PROVIDE AN EDUCATION BASED ON DESIGN THINKING AND PROBLEM-SOLVING WITH AN EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) TO K-8 CHILDREN IN THE DIVERSE FULTON COUNTY COMMUNITY. FAST'S GOAL IS TO PREPARE CHILDREN IN A WAY THAT PROVIDES THEM A FOUNDATION TO BE CREATIVE INNOVATORS AND PROBLEM SOLVERS SO THEY ARE PREPARED FOR SUCCESS AND LEADERSHIP IN OUR RAPIDLY CHANGING WORLD. WITH THE DIVERSE DEMOGRAPHICS OF OUR EXISTING COMMUNITY SERVING AS THE BACKGROUND THEME FOR ACADEMICS, CHILDREN WILL DEVELOP THE FOUNDATIONS FOR LEARNING AND THINKING THAT PREPARES THEM FOR SUCCESS IN POST-SECONDARY EDUCATION AND CAREERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,893,409ExpenseAmt
DescPROVIDE AN EDUCATION BASED ON DESIGN THINKING AND PROBLEM-SOLVING WITH AN EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) TO K-8 CHILDREN IN THE DIVERSE FULTON COUNTY COMMUNITY AND PREPARE CHILDREN IN A WAY THAT PROVIDES THEM A FOUNDATION TO BE CREATIVE INNOVATORS AND PROBLEM SOLVERS SO THEY ARE PREPARED FOR SUCCESS AND LEADERSHIP IN OUR RAPIDLY CHANGING WORLD.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$127,458ExpenseAmt
Revenue$156,180RevenueAmt
DescAFTER-SCHOOL PROGRAM PROVIDES AFTERCARE FOR STUDENTS AFTER SCHOOL HOURSDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$6,020,867TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RON RHODESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6782065067PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111365 CRABAPPLE ROADAddressLine1Txt
CityROSWELLCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30075ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOSEPH AKPAN
BOARD CHAIR2.00Yes (X)Yes (X)$0$0$0
JENEVIEVE GOSS
GOVERNING BOARD MEMBER2.00Yes (X)$0$0$0
YVONNE LAMPKIN FOWLKES
GOVERNING BOARD MEMBER2.00Yes (X)$0$0$0
SCOTT BOZE
GOVERNING BOARD MEMBER2.00Yes (X)$0$0$0
JOESPH AKPAN
GOVERNING BOARD MEMBER2.00Yes (X)$0$0$0
BRIAN FITZPATRICK
GOVERNING BOARD MEMBER2.00Yes (X)$0$0$0
DAVID MACNAIR
GOVERNING BOARD MEMBER2.00Yes (X)$0$0$0
KAREN DOTY
GOVERNING BOARD MEMBER2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$7,143,503GovernmentGrantsAmt
All Other Contributions$36,677AllOtherContributionsAmt
Total Contributions$7,180,180TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescAFTER SCHOOL CAREDesc
Business900099BusinessCd
Total Revenue Column$156,180TotalRevenueColumnAmt
Related Or Exempt Func Income$156,180RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$156,180TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,336,360TotalRevenueColumnAmt
Related Or Exempt Func Income$156,180RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,039,465TotalAmt
Program Services$2,331,527ProgramServicesAmt
Management And General$707,938ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,920,442TotalAmt
Program Services$1,473,142ProgramServicesAmt
Management And General$447,300ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$55,862TotalAmt
Program Services$42,851ProgramServicesAmt
Management And General$13,011ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$32,132TotalAmt
Management And General$32,132ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$24,882TotalAmt
Management And General$24,882ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$13,648TotalAmt
Management And General$13,648ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$66,903TotalAmt
Program Services$66,903ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,523TotalAmt
Management And General$2,523ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$319,812TotalAmt
Program Services$319,812ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$907,570TotalAmt
Program Services$907,570ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$33,542TotalAmt
Management And General$33,542ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
LOCAL GRANT ADMINISTRAT$399,650$399,650
CLASSROOM EXPENSES$203,519$203,175$344
AFTER SCHOOL PROGRAM$127,458$127,458
CUSTODIAL EXPENSES$107,117$107,117

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$549,427TotalAmt
Program Services$148,779ProgramServicesAmt
Management And General$400,648ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,803,952TotalAmt
Program Services$6,020,867ProgramServicesAmt
Management And General$1,783,085ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,934,424BOYAmt
EOY$2,438,688EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,356BOYAmt
EOY$157,572EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$20,113BOYAmt
EOY$38,358EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,066,719LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$493,175LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$598,657BOYAmt
EOY$573,544EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$26,459,865BOYAmt
EOY$27,187,915EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$29,022,415BOYAmt
EOY$30,396,077EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$360,485BOYAmt
EOY$402,314EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$31,607,878BOYAmt
EOY$33,407,303EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$31,968,363BOYAmt
EOY$33,809,617EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY-$3,544,605BOYAmt
EOY-$3,987,084EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$598,657BOYAmt
EOY$573,544EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$2,945,948BOYAmt
EOY-$3,413,540EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$29,022,415BOYAmt
EOY$30,396,077EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$467,592ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,066,719OtherCostOrOtherBasisAmt
Depreciation$493,175DepreciationAmt
Book Value$573,544BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$573,544TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
SECURITY DEPOSITS$54,835
DEFERRED OUTFLOWS OF RESOURCES$3,444,432
LEASE ASSET$23,688,648
FieldValueIRS element (for citing)
Total Book Value Other Assets$27,187,915TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
NET PENSION LIABILITY$6,965,879
LEASE LIABILITY$26,372,417
DEFERRED INFLOWS OF RESOURCES$69,007
FieldValueIRS element (for citing)
Total Liability$33,407,303TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,336,360TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$7,336,360RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,336,360TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,803,952TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$7,803,952ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,803,952TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE SCHOOL ONLY RECOGNIZES THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IF THE TAX POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON AN EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE THE SCHOOL OPERATES. MANAGEMENT BELIEVES THAT INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE THAT ANY ADJUSTMENTS WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE SCHOOL'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE SCHOOL HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2023.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 6FormAndLineReferenceDesc
ExplanationFULTON COUNTY GRANTS ARE PAID TO THE SCHOOL IN MONTHLY INSTALLMENTS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED BY THE FINANCE COMMITTEE PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THERE HAS BEEN NO CHANGE IN HOW THE BOARD ASSUMES OVERSIGHT FOR THE AUDIT OF THE FINANCIAL STATEMENTS.

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