AMERICAN SCHOOL OF CORRESPONDENCE: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: AMERICAN SCHOOL OF CORRESPONDENCE (EIN 36-2167722)
Tax period: 2020-07-01 to 2021-06-30
Filed: 2022-05-12
IRS object ID: 202221329349305937
Schema version: 2020v4.2
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-05-12T14:28:18-05:00	ReturnTs
Tax Period End	2021-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	362658780	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MUELLER & CO LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1707 N RANDALL ROAD	AddressLine1Txt
City	ELGIN	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60123	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	362167722	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	AMERICAN SCHOOL OF CORRESPONDENCE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	AMER	BusinessNameControlTxt
Phone	7084182800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2200 E 170TH ST	AddressLine1Txt
City	LANSING	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60438	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	VALERIE J RILEY	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7084182800	PhoneNum
Signature	2022-05-10	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	VALERIE	PersonFirstNm
Person Last	RILEY	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ELEANOR A LIVINGSTON CPA MST	PreparerPersonNm
PTIN	P00226461	PTIN
Phone	8478888600	PhoneNum
Preparation	2022-05-09	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	VALERIE J RILEY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2200 E 170TH ST	AddressLine1Txt
City	LANSING	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60438	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$6,851,840	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.AMERICANSCHOOL.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1897	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	PROVIDE A MIDDLE SCHOOL AND HIGH SCHOOL EDUCATION THROUGH THE HOME STUDY METHOD AT A REASONABLE COST TO STUDENTS.	ActivityOrMissionDesc
Voting Members Governing Body	3	VotingMembersGoverningBodyCnt
Voting Members Independent	3	VotingMembersIndependentCnt
Total Employee	97	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$433,009	PYContributionsGrantsAmt
CY Contributions Grants	$187,678	CYContributionsGrantsAmt
PY Program Service Revenue	$5,409,220	PYProgramServiceRevenueAmt
CY Program Service Revenue	$4,511,529	CYProgramServiceRevenueAmt
PY Investment Income	$367,495	PYInvestmentIncomeAmt
CY Investment Income	$660,277	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$26,915	CYOtherRevenueAmt
PY Total Revenue	$6,209,724	PYTotalRevenueAmt
CY Total Revenue	$5,386,399	CYTotalRevenueAmt
PY Grants And Similar Paid	$12,471	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$30,095	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$3,205,770	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$2,895,973	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$3,038,659	PYOtherExpensesAmt
CY Other Expenses	$2,855,764	CYOtherExpensesAmt
PY Total Expenses	$6,256,900	PYTotalExpensesAmt
CY Total Expenses	$5,781,832	CYTotalExpensesAmt
PY Revenues Less Expenses	-$47,176	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$395,433	CYRevenuesLessExpensesAmt
Total Assets BOY	$12,608,817	TotalAssetsBOYAmt
Total Assets EOY	$11,965,469	TotalAssetsEOYAmt
Total Liabilities BOY	$3,470,273	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,120,984	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$9,138,544	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$9,844,485	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE AMERICAN SCHOOL, A NOT FOR PROFIT DISTANCE LEARNING INSTITUTION UTILIZING THE HOME STUDY METHOD, IS DEDICATED TO PROVIDING QUALITY SECONDARY INSTRUCTION AT A REASONABLE COST TO THOSE STUDENTS WHO ARE SEEKING AN ALTERNATIVE MEANS OF COMPLETING THEIR HIGH SCHOOL EDUCATION.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$4,564,644	ExpenseAmt
Grant	$30,095	GrantAmt
Revenue	$4,538,444	RevenueAmt
Desc	EDUCATIONAL SERVICES: PROVIDE QUALITY SECONDARY INSTRUCTION AT A REASONABLE COST TO STUDENTS SEEKING TO COMPLETE A HIGH SCHOOL EDUCATION THROUGH THE HOME STUDY METHOD.	Desc
Total Program Service Expenses	$4,564,644	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	97	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	3	GoverningBodyVotingMembersCnt
Independent Voting Member	3	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CAROL ROGERS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7084182810	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2200 E 170TH STREET	AddressLine1Txt
City	LANSING	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60438	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
DR JOHN KEMP
TRUSTEE	1.00	Yes (X)	$0	$0	$0
GARY MASTERTON RETIRED PRES
TRUSTEE	1.00	Yes (X)	$20,000	$0	$0
VALERIE RILEY
PRESIDENT	37.50		$96,810	$0	$12,751	Yes (X)
CAROL ROGERS CPA
CFO	24.00		$13,828	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$130,638	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$12,751	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PSI	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	956 S BARLETT RD SUITE 191	AddressLine1Txt
City	BARTLETT	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60103	ZIPCd

Field	Value	IRS element (for citing)
Services	IT SUPPORT	ServicesDesc
Compensation	$103,718	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
Government Grants	$187,678	GovernmentGrantsAmt
Total Contributions	$187,678	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TRAINING COURSES	900099	$4,473,395	$4,473,395
OTHER STUDENT SERVICES	900099	$38,134	$38,134

Field	Value	IRS element (for citing)
Total Program Service Revenue	$4,511,529	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$255,065	TotalRevenueColumnAmt
Exclusion	$255,065	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$1,870,653	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$1,465,441	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$405,212	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$405,212	TotalRevenueColumnAmt
Exclusion	$405,212	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS	Desc
Business	900099	BusinessCd
Total Revenue Column	$26,915	TotalRevenueColumnAmt
Related Or Exempt Func Income	$26,915	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$26,915	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,386,399	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,538,444	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$660,277	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$30,095	TotalAmt
Program Services	$30,095	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$143,389	TotalAmt
Program Services	$102,687	ProgramServicesAmt
Management And General	$40,702	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$2,082,937	TotalAmt
Program Services	$1,491,682	ProgramServicesAmt
Management And General	$591,255	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$524,536	TotalAmt
Program Services	$375,643	ProgramServicesAmt
Management And General	$148,893	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$145,111	TotalAmt
Program Services	$103,920	ProgramServicesAmt
Management And General	$41,191	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$7,682	TotalAmt
Management And General	$7,682	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$33,100	TotalAmt
Management And General	$33,100	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$43,375	TotalAmt
Management And General	$43,375	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$181,403	TotalAmt
Program Services	$67,972	ProgramServicesAmt
Management And General	$113,431	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$44,517	TotalAmt
Program Services	$8,013	ProgramServicesAmt
Management And General	$36,504	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$56,668	TotalAmt
Program Services	$43,503	ProgramServicesAmt
Management And General	$13,165	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$69,252	TotalAmt
Program Services	$53,164	ProgramServicesAmt
Management And General	$16,088	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
EDUCATION MATERIALS	$905,860	$888,968	$16,892	$0
DISCOUNT AND PROVISION	$765,130	$765,130
SOTWARE AND LICENSES	$246,695	$236,468	$10,227
SHIPPING AND RECEIVING	$216,588	$202,247	$14,341	$0

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$285,494	TotalAmt
Program Services	$195,152	ProgramServicesAmt
Management And General	$90,342	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,781,832	TotalAmt
Program Services	$4,564,644	ProgramServicesAmt
Management And General	$1,217,188	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$433,293	BOYAmt
EOY	$123,319	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,228,686	BOYAmt
EOY	$991,002	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$866,509	BOYAmt
EOY	$581,505	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$79,487	BOYAmt
EOY	$248,343	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$3,293,331	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$2,551,948	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$636,627	BOYAmt
EOY	$741,383	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$9,364,215	BOYAmt
EOY	$9,279,917	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$12,608,817	BOYAmt
EOY	$11,965,469	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$390,716	BOYAmt
EOY	$265,936	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$2,826,495	BOYAmt
EOY	$1,788,656	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$253,062	BOYAmt
EOY	$66,392	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$3,470,273	BOYAmt
EOY	$2,120,984	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$7,838,544	BOYAmt
EOY	$8,544,485	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,300,000	BOYAmt
EOY	$1,300,000	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$9,138,544	BOYAmt
EOY	$9,844,485	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$12,608,817	BOYAmt
EOY	$11,965,469	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$395,433	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$1,101,374	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,300,000	BeginningYearBalanceAmt
Investment Earnings Or Losses	$239,621	InvestmentEarningsOrLossesAmt
Other Expenditures	$239,621	OtherExpendituresAmt
End Year Balance	$1,300,000	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,300,000	BeginningYearBalanceAmt
Investment Earnings Or Losses	$66,227	InvestmentEarningsOrLossesAmt
Other Expenditures	$66,227	OtherExpendituresAmt
End Year Balance	$1,300,000	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,300,000	BeginningYearBalanceAmt
Investment Earnings Or Losses	$85,812	InvestmentEarningsOrLossesAmt
Other Expenditures	$85,812	OtherExpendituresAmt
End Year Balance	$1,300,000	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,300,000	BeginningYearBalanceAmt
Investment Earnings Or Losses	$85,306	InvestmentEarningsOrLossesAmt
Other Expenditures	$85,306	OtherExpendituresAmt
End Year Balance	$1,300,000	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,258,167	BeginningYearBalanceAmt
Investment Earnings Or Losses	$154,286	InvestmentEarningsOrLossesAmt
Other Expenditures	$112,453	OtherExpendituresAmt
End Year Balance	$1,300,000	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Prmnnt Endowment Balance EOY	1.00000	PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$225,000	OtherCostOrOtherBasisAmt
Book Value	$225,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,776,143	OtherCostOrOtherBasisAmt
Depreciation	$2,346,112	DepreciationAmt
Book Value	$430,031	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$292,188	OtherCostOrOtherBasisAmt
Depreciation	$205,836	DepreciationAmt
Book Value	$86,352	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$741,383	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
SCHOLARSHIP AWARDS PAYABLE	$35,480
DEFERRED LEASE INCENTIVE	$30,912

Field	Value	IRS element (for citing)
Total Liability	$66,392	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$5,649,173	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$1,101,374	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$1,101,374	RevenueNotReportedAmt
Revenue Subtotal	$4,547,799	RevenueSubtotalAmt
Investment Expenses Not Incld	$43,375	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$795,225	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$838,600	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$5,386,399	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$4,943,232	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$4,943,232	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$43,375	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$795,225	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$838,600	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$5,781,832	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART V, LINE 4:	THE ENDOWMENT IS USED FOR GENERAL SCHOOL OPERATIONS.
PART X, LINE 2:	THE SCHOOL HAS BEEN DETERMINED TO BE EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR EITHER FEDERAL OR STATE INCOME TAXES. THE SCHOOL HAS EVALUATED THE TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. CURRENTLY, THE TAX RETURN FOR THE YEARS ENDED JUNE 30, 2018, 2019 AND 2020 ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE; HOWEVER, THE SCHOOL IS NOT CURRENTLY UNDER AUDIT NOR HAS THE SCHOOL BEEN CONTACTED BY THIS JURISDICTION. BASED ON THE EVALUATION OF THE SCHOOL'S TAX POSITION, MANAGEMENT BELIEVES ALL POSITIONS WOULD BE UPHELD UNDER AN EXAMINATION; THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEARS ENDED JUNE 30, 2021 AND 2020.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	DISCOUNT AND PROVISION FOR CANCELLATION 765,130. SCHOLARSHIPS 30,095.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	DISCOUNT AND PROVISION FOR CANCELLATION 765,130. SCHOLARSHIPS 30,095.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	0	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE E, PART I, LINE 3	FormAndLineReferenceDesc
Explanation	ORGANIZATIONS NONDISCRIMINATORY POLICY IS DESCRIBED IN A SCHOOL BULLETIN WHICH IS DISTRIBUTED TO ALL STUDENTS.	ExplanationTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS	GrantTypeTxt
Recipient	10	RecipientCnt
Cash Grant	$30,095	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	FORMER GRADUATES APPLY FOR THE SCHOLARSHIP BY WRITING A TWO PAGE SYNOPSIS STATING WHY THEY BELIEVE THEY SHOULD BE AWARDED THE SCHOLARSHIP. A SELECTION COMMITTEE THEN REVIEWS ALL OF THE APPLICATIONS AND CHOOSES THE RECIPIENTS. THE SCHOLARSHIPS ARE THEN PAID DIRECTLY TO THE RECIPIENT'S SCHOOL OR PAID TO THE RECIPIENT FOR TUITION THROUGH A REIMBURSEMENT PROCESS.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	FULL TIME EMPLOYEES OF THE SCHOOL MAY BE MEMBERS OF THE CORPORATION IN ADDITION TO MEMBERS OF THE BOARD OF TRUSTEES. MEMBERS ARE SELECTED BY INVITATION OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION A, LINE 7A	MEMBERS OF THE CORPORATION MAY SUBMIT NOMINATIONS FOR MEMBERS OF THE BOARD OF TRUSTEES. THE MEMBERS OF THE CORPORATION AT A DULY CALLED MEETING MAY OVERRULE BY THREE-FOURTHS VOTE THE ACTION OF THE BOARD OF TRUSTEES IN APPROVING OR REMOVING A MEMBER.
FORM 990, PART VI, SECTION B, LINE 11B	990 IS REVIEWED BY THE FINANCE COMMITTEE AND MADE AVAILABLE TO THE ENTIRE BOARD PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C	EACH TRUSTEE, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY B. HAS READ AND UNDERSTANDS THE POLICY C. HAS AGREED TO COMPLY WITH THE POLICY D. UNDERSTANDS AMERICAN SCHOOL IS A NON-PROFIT AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES
FORM 990, PART VI, SECTION B, LINE 15	THE COMPENSATION REVIEW OF CEO, EXECUTIVE DIRECTOR, AND TOP MANAGEMENT IS PERFORMED BY THE THE BOARD OF TRUSTEE. THE COMPENSATION REVIEW OF OFFICERS AND KEY EMPLOYEES IS PERFORMED BY THE THE BOARD OF TRUSTEE, CFO, AND PRESIDENT.
FORM 990, PART VI, SECTION C, LINE 19	AVAILABLE UPON REQUEST