INTREPID COLLEGE PREPARATORY INCORPORATED: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
INTREPID COLLEGE PREPARATORY INCORPORATED (EIN 45-4616636)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-15
IRS object ID
202531359349305753
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)
Return2025-05-15T10:24:52-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN275360847PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROSSLIN PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13803 BEDFORD AVENUE SUITE 201AddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37215ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN454616636EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INTREPID COLLEGE PREPARATORY SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINTRBusinessNameControlTxt
Phone6152000131PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15432 BELL FORGE LANE EASTAddressLine1Txt
CityANTIOCHCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37013ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonABIGAIL ROCKEYPersonNm
Person TitleCEOPersonTitleTxt
Phone6152000131PhoneNum
Signature2025-05-15SignatureDt
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 PersonRODNEY C BROWERPreparerPersonNm
PTINP00168898PTIN
Phone6153205500PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerABIGAIL ROCKEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15432 BELL FORGE LANE EASTAddressLine1Txt
CityANTIOCHCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37013ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$15,057,446GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressINTREPIDCOLLEGEPREP.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateTNLegalDomicileStateCd
Activity Or MissionINTREPID COLLEGE PREP IS COMMITTED TO ENSURING OUR SCHOLARS, EDUCATORS, AND FAMILIES HAVE THE OPPORTUNITY TO UNLOCK AN UNLIMITED FUTURE. BY PROVIDING RIGOROUS ACADEMIC INSTRUCTION AND CREATING POWERFUL RELATIONSHIPS AMONGST OUR COMMUNITY'S MEMBERS, WE IGNITE PASSION, SEEK KNOWLEDGE, AND INSPIRE THE BRAVERY NEEDED TO HAVE A PROFOUND IMPACT IN OUR WORLD.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee138TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$15,350,998PYContributionsGrantsAmt
CY Contributions Grants$14,769,334CYContributionsGrantsAmt
PY Program Service Revenue$134,790PYProgramServiceRevenueAmt
CY Program Service Revenue$125,368CYProgramServiceRevenueAmt
PY Investment Income$56,386PYInvestmentIncomeAmt
CY Investment Income$162,744CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$15,542,174PYTotalRevenueAmt
CY Total Revenue$15,057,446CYTotalRevenueAmt
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$8,673,482PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$10,069,346CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$4,718,321PYOtherExpensesAmt
CY Other Expenses$4,785,595CYOtherExpensesAmt
PY Total Expenses$13,391,803PYTotalExpensesAmt
CY Total Expenses$14,854,941CYTotalExpensesAmt
PY Revenues Less Expenses$2,150,371PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$202,505CYRevenuesLessExpensesAmt
Total Assets BOY$18,177,716TotalAssetsBOYAmt
Total Assets EOY$19,158,668TotalAssetsEOYAmt
Total Liabilities BOY$6,150,168TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,923,837TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$12,027,548NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,234,831NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE O.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$9,508,952ExpenseAmt
Revenue$125,368RevenueAmt
DescINTREPID COLLEGE PREPARATORY CHARTER SCHOOL IS A HIGH PERFORMING CHARTER SCHOOL EDUCATING STUDENTS IN NASHVILLE'S LOWEST INCOME AND MOST EDUCATIONALLY UNDERSERVED COMMUNITIES IN SOUTHEAST NASHVILLE. OUR MISSION IS TO ENSURE THAT OUR SCHOLARS, EDUCATORS, AND FAMILIES HAVE THE OPPORTUNITY TO UNLOCK AN UNLIMITED FUTURE. BY PROVIDING RIGOROUS ACADEMIC INSTRUCTION AND CREATING POWERFUL RELATIONSHIPS AMONGST OUR COMMUNITY'S MEMBERS, WE IGNITE PASSION, SEEK KNOWLEDGE, AND INSPIRE THE BRAVERY NEEDED TO HAVE A PROFOUND IMPACT IN OUR WORLD. THE SCHOOL HAS GROWN FROM A CAMPUS SERVING 84 STUDENTS IN FIFTH GRADE IN 2013 TO A CAMPUS SERVING APPROXIMATELY 860 STUDENTS IN GRADES FIVE THROUGH TWELVE. ON THE 2024 TNREADY STATE ASSESSMENT, INTREPID EARNED LEVEL 5 GROWTH RATINGS IN ELA, MATH AND SCIENCE. INTREPID ALSO SCORED OVERALL LEVEL 5 IN ENGLISH, US HISTORY, AND BIOLOGY EOC EXAMS. INTREPID COLLEGE PREP CURRENTLY HAS A 95.9% GRADUATION RATE WITH 74.3% POSTSECONDARY ENROLLMENTDesc
Total Program Service Expenses$9,508,952TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
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 RequiredYes (1)ScheduleJRequiredInd
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 Document49IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee138EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
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 Member0IndependentVotingMemberCnt
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 PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EDTEC INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6157635950PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1209 10TH AVENUE S SUITE 416AddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37203ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
JOHN BARTON
MEMBER OF BOARD2.00Yes (X)$0$0$0
RYAN HOLT
EMERITUS2.00Yes (X)$0$0$0
MARY CYPRESS METZ
BOARD CHAIR2.00Yes (X)$0$0$0Yes (X)
CREWS JOHNSTON III
EMERITUS2.00Yes (X)$0$0$0
MARIA ORNELAS
SECRETARY2.00Yes (X)$0$0$0Yes (X)
KELLI GAUTHIER
MEMBER OF BOARD2.00Yes (X)$0$0$0
LAUREN SIKES
MEMBER OF BOARD2.00Yes (X)$0$0$0
ALBERTO MAGANA
MEMBER OF BOARD2.00Yes (X)$0$0$0
ABIGAIL ROCKEY
CEO40.00$173,000$0$30,842Yes (X)
CHRISTINA MCDONALD
HIGH SCHOOL PRINCIPAL40.00$127,308$0$0Yes (X)
ELIZABETH STEWART
MIDDLE SCHOOL PRINCIPAL40.00$121,401$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$421,709TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$30,842TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$14,491,895GovernmentGrantsAmt
All Other Contributions$277,439AllOtherContributionsAmt
Total Contributions$14,769,334TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
OTHER INCOME611710$116,008$116,008
INTERNAL SCHOOL FUNDS611710$9,360$9,360
FieldValueIRS element (for citing)
Total Program Service Revenue$125,368TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$162,744TotalRevenueColumnAmt
Exclusion$162,744ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,057,446TotalRevenueColumnAmt
Related Or Exempt Func Income$125,368RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$162,744ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$173,000TotalAmt
Management And General$173,000ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$9,896,346TotalAmt
Program Services$6,177,743ProgramServicesAmt
Management And General$3,718,603ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$495,807TotalAmt
Program Services$187,800ProgramServicesAmt
Management And General$308,007ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$292,159TotalAmt
Management And General$292,159ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$765,209TotalAmt
Program Services$650,428ProgramServicesAmt
Management And General$114,781ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$312,528TotalAmt
Management And General$312,528ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$736,798TotalAmt
Program Services$626,279ProgramServicesAmt
Management And General$110,519ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$113,928TotalAmt
Management And General$113,928ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
TRANSPORTATION$723,669$723,669$0$0
ORGANIZATIONAL DEVELOPM$421,621$400,764$20,857$0
FOOD SERVICES$406,962$406,962$0$0
INSTRUCTIONAL$316,192$316,192$0$0

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$200,722TotalAmt
Program Services$19,115ProgramServicesAmt
Management And General$181,607ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$14,854,941TotalAmt
Program Services$9,508,952ProgramServicesAmt
Management And General$5,345,989ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$7,279,051BOYAmt
EOY$8,972,039EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$259,342BOYAmt
EOY$45,220EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$135,484BOYAmt
EOY$98,894EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$12,423,094LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,926,854LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$9,149,396BOYAmt
EOY$8,496,240EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$23,468BOYAmt
EOY$28,246EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,330,975BOYAmt
EOY$1,518,029EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$18,177,716BOYAmt
EOY$19,158,668EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$268,760BOYAmt
EOY$1,152,997EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$216,950BOYAmt
EOY$243,496EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,845,675BOYAmt
EOY$2,772,659EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,818,783BOYAmt
EOY$2,754,685EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,150,168BOYAmt
EOY$6,923,837EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$11,688,859BOYAmt
EOY$11,407,091EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$338,689BOYAmt
EOY$827,740EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,027,548BOYAmt
EOY$12,234,831EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,177,716BOYAmt
EOY$19,158,668EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$202,505ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$4,778NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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 Committee0AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,849,935OtherCostOrOtherBasisAmt
Depreciation$1,850,425DepreciationAmt
Book Value$5,999,510BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$976,899OtherCostOrOtherBasisAmt
Depreciation$761,625DepreciationAmt
Book Value$215,274BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,596,260OtherCostOrOtherBasisAmt
Depreciation$1,314,804DepreciationAmt
Book Value$2,281,456BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$8,496,240TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
NET PENSION ASSET$155,804
TCRS STABILIZATION RESERVE TRUST$436,232
DEFERRED OUTFLOWS - PENSIONS$925,993
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,518,029TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
RIGHT TO USE LEASE LIABILITY$2,341,572
NET PENSION LIABILITY$413,113
FieldValueIRS element (for citing)
Total Liability$2,754,685TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$15,062,224TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$4,778NetUnrealizedGainsInvstAmt
Revenue Not Reported$4,778RevenueNotReportedAmt
Revenue Subtotal$15,057,446RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$15,057,446TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$14,854,941TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$14,854,941ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$14,854,941TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINIES OF THOSE POSITIONS, THE UNRECOGNIZED BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBIBILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS FO THE SCHOOL INCLUDE, BUT ARE NOT LIMITED TO, THE TAX-EXEMPT STATUS AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINITY REQUIRING RECOGNITION.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 Recs0MaintainScholarshipsRecsInd
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 (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3INTREPID COLLEGE PREPARATORY SCHOOL IS A PUBLIC CHARTER SCHOOL AND MEETS ALL ADMISSION GUIDELINES AS OTHER PUBLIC SCHOOLS. AS A PUBLIC SCHOOL, THE SCHOOL IS NOT SPECIFICALLY SUBJECT TO THIS PROVISION.
SCHEDULE E, PART I, LINE 4NO FINANCIAL ASSISTANCE OR SCHOLARSHIPS ARE AWARDED. INTREPID COLLEGE PREPARATORY SCHOOL IS A PUBLIC CHARTER SCHOOL WITH NO TUITION REQUIREMENT.
SCHEDULE E, PART I, LINE 6THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND RECEIVES FUNDING SIMILAR TO OTHER PUBLIC SCHOOLS.
FORM 990, PART IV, LINE 13SEE SCHEDULE O.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonABIGAIL ROCKEYPersonNm
TitleCEOTitleTxt
Base Compensation Filing Org$173,000BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$30,842NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$203,842TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS PREPARED AND REVIEWED BY INTREPID'S BACK-OFFICE FINANCIAL PROVIDER. IT IS THEN GIVEN TO INTREPID'S EXECUTIVE DIRECTOR AND THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL. ALL OTHER BOARD MEMBERS MAY OBTAIN A COPY FOR REVIEW UPON REQUEST.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY, EACH RESPONSIBLE PERSON, WHICH INCLUDES ANY PERSON SERVING AS AN OFFICER, EMPLOYEE OR MEMBER OF THE BOARD OF DIRECTORS, IS REQUIRED TO REVIEW THE CONFLICT OF INTEREST STATEMENT, DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICT OF INTEREST, AND CONFIRM WITH SIGNATURE THAT THEY ARE AWARE OF THIS POLICY.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD OF DIRECTORS APPROVES THE ANNUAL COMPENSATION OF THE EXECUTIVE DIRECTOR AS PART OF ITS ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR'S LEADERSHIP.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE ON THEIR WEBSITE: HTTP://INTREPIDCOLLEGEPREP.ORG IN ACCORDANCE WITH EE17 POLICY REQUIREMENTS.

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