BETA

FOUNDING FOURTEEN: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FOUNDING FOURTEEN (EIN 47-2730451)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-13
IRS object ID
202511339349300426
Schema version
2023v6.0
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)
Return2025-05-13T07:32:37-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

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 Line130000 MILL CREEK AVENUEAddressLine1Txt
CityALPHARETTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30022ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

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)
PersonDAVID MACNAIRPersonNm
Person TitleBOARD CHAIRPersonTitleTxt
Phone6783211100PhoneNum
Signature2025-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNATHAN LUMMUSPreparerPersonNm
PTINP02049603PTIN
Phone4042312001PhoneNum
Preparation2025-05-08PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

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 OfficerDAVID MACNAIRPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line111365 CRABAPPLE ROADAddressLine1Txt
CityROSWELLCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30075ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,199,314GrossReceiptsAmt
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 Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,180,180PYContributionsGrantsAmt
CY Contributions Grants$7,019,011CYContributionsGrantsAmt
PY Program Service Revenue$156,180PYProgramServiceRevenueAmt
CY Program Service Revenue$143,445CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$36,858CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$7,336,360PYTotalRevenueAmt
CY Total Revenue$7,199,314CYTotalRevenueAmt
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$5,015,769PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,064,702CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,788,183PYOtherExpensesAmt
CY Other Expenses$2,594,615CYOtherExpensesAmt
PY Total Expenses$7,803,952PYTotalExpensesAmt
CY Total Expenses$7,659,317CYTotalExpensesAmt
PY Revenues Less Expenses-$467,592PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$460,003CYRevenuesLessExpensesAmt
Total Assets BOY$30,396,077TotalAssetsBOYAmt
Total Assets EOY$28,719,587TotalAssetsEOYAmt
Total Liabilities BOY$33,809,617TotalLiabilitiesBOYAmt
Total Liabilities EOY$32,593,130TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$3,413,540NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$3,873,543NetAssetsOrFundBalancesEOYAmt
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$5,784,053ExpenseAmt
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$108,480ExpenseAmt
Revenue$143,445RevenueAmt
DescAFTER-SCHOOL PROGRAM PROVIDES AFTERCARE FOR STUDENTS AFTER SCHOOL HOURSDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$5,892,533TotalProgramServiceExpensesAmt
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
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
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 Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
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)
Phone6783211100PhoneNum

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 (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DAVID MACNAIR
BOARD CHAIR2.00Yes (X)Yes (X)$0$0$0
DESIREE ANDREWS
GOVERNING BOARD MEMBER2.00Yes (X)$0$0$0
TARA COLON
GOVERNING BOARD MEMBER2.00Yes (X)$0$0$0
STEVE JONES
GOVERNING BOARD MEMBER2.00Yes (X)$0$0$0
PARAS SHAH
GOVERNING BOARD MEMBER2.00Yes (X)$0$0$0
AL STANLEY
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$7,008,303GovernmentGrantsAmt
All Other Contributions$10,708AllOtherContributionsAmt
Total Contributions$7,019,011TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescAFTER SCHOOL CAREDesc
Business900099BusinessCd
Total Revenue Column$143,445TotalRevenueColumnAmt
Related Or Exempt Func Income$143,445RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$143,445TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$36,858TotalRevenueColumnAmt
Exclusion$36,858ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,199,314TotalRevenueColumnAmt
Related Or Exempt Func Income$143,445RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$36,858ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,270,497TotalAmt
Program Services$2,589,471ProgramServicesAmt
Management And General$681,026ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,742,305TotalAmt
Program Services$1,379,499ProgramServicesAmt
Management And General$362,806ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$51,900TotalAmt
Program Services$41,093ProgramServicesAmt
Management And General$10,807ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$24,261TotalAmt
Management And General$24,261ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$8,192TotalAmt
Management And General$8,192ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,603TotalAmt
Management And General$7,603ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$62,123TotalAmt
Program Services$62,123ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,500TotalAmt
Management And General$2,500ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$313,540TotalAmt
Program Services$313,540ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$905,550TotalAmt
Program Services$905,550ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$41,449TotalAmt
Management And General$41,449ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
LOCAL GRANT ADMINISTRAT$231,250$231,250
CUSTODIAL EXPENSES$112,174$112,174
EQUIPMENT RENT$112,054$112,054
AFTER SCHOOL PROGRAM$108,480$108,480

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$665,439TotalAmt
Program Services$261,527ProgramServicesAmt
Management And General$403,912ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,659,317TotalAmt
Program Services$5,892,533ProgramServicesAmt
Management And General$1,766,784ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,438,688BOYAmt
EOY$1,877,377EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$1,035,658EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$157,572BOYAmt
EOY$28,976EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$134,353EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$38,358BOYAmt
EOY$36,872EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,143,332LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$555,211LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$573,544BOYAmt
EOY$588,121EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$27,187,915BOYAmt
EOY$25,018,230EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$30,396,077BOYAmt
EOY$28,719,587EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$402,314BOYAmt
EOY$474,483EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$33,407,303BOYAmt
EOY$32,118,647EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$33,809,617BOYAmt
EOY$32,593,130EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY-$3,987,084BOYAmt
EOY-$4,461,664EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$573,544BOYAmt
EOY$588,121EOYAmt

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-$3,413,540BOYAmt
EOY-$3,873,543EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$30,396,077BOYAmt
EOY$28,719,587EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$460,003ReconcilationRevenueExpnssAmt
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$1,143,332OtherCostOrOtherBasisAmt
Depreciation$555,211DepreciationAmt
Book Value$588,121BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$588,121TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
SECURITY DEPOSITS$54,835
DEFERRED OUTFLOWS OF RESOURCES$2,118,260
LEASE ASSET$22,845,135
FieldValueIRS element (for citing)
Total Book Value Other Assets$25,018,230TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
NET PENSION LIABILITY$6,119,501
LEASE LIABILITY$25,837,274
DEFERRED INFLOWS OF RESOURCES$161,872
FieldValueIRS element (for citing)
Total Liability$32,118,647TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,199,314TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$7,199,314RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,199,314TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,659,317TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$7,659,317ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,659,317TotalExpensesPerForm990Amt

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, 2024.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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