INTREPID COLLEGE PREPARATORY INCORPORATED: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
INTREPID COLLEGE PREPARATORY INCORPORATED (EIN 45-4616636)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-07-14
IRS object ID
202011969349302771
Schema version
2018v3.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-07-14T11:38:52-05:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

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 103AddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37215ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

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
Signature2020-07-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEVEN D WARRENPreparerPersonNm
PTINP00921930PTIN
Phone6153205500PhoneNum
Preparation2020-07-14PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address12.222.118.34IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-07-14IPDt
IP Tm11:38:49IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdB84DD2AB5586F43A440040C228F4442516580BC4AtSubmissionCreationDeviceId
At Submission Filing Device Id0C95A3ABCCD0F8A6DFD926B057051B132E0BD377AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

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$7,446,107GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP://INTREPIDCOLLEGEPREP.ORG/HOME/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateTNLegalDomicileStateCd
Activity Or MissionINTREPID COLLEGE PREP EQUIPS EVERY PREPSTER AND SCHOLAR IN GRADES FIVE THROUGH TWELVE WITH THE ACADEMIC FOUNDATION, FINANCIAL LITERACY, AND ETHICAL DEVELOPMENT NECESSARY TO EXCEL IN SELECTIVE COLLEGES, EARN PROFESSIONAL OPPORTUNITIES, AND DEMONSTRATE POSITIVE LEADERSHIP.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee89TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,219,201PYContributionsGrantsAmt
CY Contributions Grants$6,601,577CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$633,029CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$53,318PYOtherRevenueAmt
CY Other Revenue$211,501CYOtherRevenueAmt
PY Total Revenue$6,272,519PYTotalRevenueAmt
CY Total Revenue$7,446,107CYTotalRevenueAmt
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$2,853,019PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,793,932CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,071,572PYOtherExpensesAmt
CY Other Expenses$4,046,813CYOtherExpensesAmt
PY Total Expenses$5,924,591PYTotalExpensesAmt
CY Total Expenses$7,840,745CYTotalExpensesAmt
PY Revenues Less Expenses$347,928PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$394,638CYRevenuesLessExpensesAmt
Total Assets BOY$2,532,877TotalAssetsBOYAmt
Total Assets EOY$2,149,711TotalAssetsEOYAmt
Total Liabilities BOY$1,158,019TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,169,491TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,374,858NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$980,220NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE O.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,048,730ExpenseAmt
Revenue$633,029RevenueAmt
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 EQUIP ALL STUDENTS IN GRADES FIVE THROUGH TWELVE WITH THE ACADEMIC FOUNDATION, FINANCIAL LITERACY, AND ETHICAL DEVELOPMENT NECESSARY TO EXCEL IN SELECTIVE COLLEGES, EARN PROFESSIONAL OPPORTUNITIES, AND DEMONSTRATE POSITIVE LEADERSHIP. THE SCHOOL HAS GROWN FROM A CAMPUS SERVING 84 STUDENTS IN FIFTH GRADE IN 2013 TO A CAMPUS SERVING NEARLY 600 STUDENTS IN GRADES FIVE THROUGH EIGHT IN 2019. THE SCHOOL HAS HAD EARLY SUCCESS EDUCATING PREPSTERS IN SOUTHEAST NASHVILLE. INTREPID WAS NAMED A 2016 TENNESSEE REWARD SCHOOL FOR PROGRESS, PLACING THE SINGLE-SITE SCHOOL IN THE TOP 5% OF PUBLIC SCHOOLS IN TENNESSEE. MNPS HAS NAMED INTREPID AN EXCELLING SCHOOL UNDER ITS ACADEMIC PERFORMANCE FRAMEWORK AS WELL AS A HIGH- PERFORMING SCHOOL FOR ENGLISH LANGUAGE LEARNERS (24% OF THE POPULATION) AND A HIGH-PERFORMING SCHOOL FOR ECONOMICALLY DISADVANTAGED STUDENTS (87% OF POPULATION). THE SCHOOL'S SUCCESS WITH STUDENTS WHO HAVE BEEN AT THE SCHOOL FOR A MINIMUM OF TWO YEARS ARE MOST IMPRESSIVE. 70% OF PREPSTERS AT THE SCHOOL FOR TWO OR MORE YEARS ARE PROFICIENT IN ELA. 78% OF PREPSTERS AT THE SCHOOL FOR TWO OR MORE YEARS ARE PROFICIENT IN MATH. 85% OF PREPSTERS AT THE SCHOOL FOR TWO OR MORE YEARS ARE PROFICIENT IN SCIENCE.Desc
Total Program Service Expenses$6,048,730TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document27IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee89EmployeeCnt
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 Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
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
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
JOHN BARTON
BOARD MEMBER1.00Yes (X)$0$0$0
TIZGEL HIGH
VICE CHAIR1.00Yes (X)$0$0$0Yes (X)
RYAN HOLT
BOARD CHAIR1.00Yes (X)$0$0$0Yes (X)
LA'VASIA BUFORD
BOARD MEMBER1.00Yes (X)$0$0$0
TOM FRYE
BOARD MEMBER1.00Yes (X)$0$0$0
MARY CYPRESS METZ
SECRETARY1.00Yes (X)$0$0$0Yes (X)
TODD JONES
BOARD MEMBER1.00Yes (X)$0$0$0
CREWS JOHNSTON III
BOARD MEMBER1.00Yes (X)$0$0$0
SHAN FOSTER
BOARD MEMBER1.00Yes (X)$0$0$0
MARIA ORNELAS
BOARD MEMBER1.00Yes (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$5,898,013GovernmentGrantsAmt
All Other Contributions$703,564AllOtherContributionsAmt
Total Contributions$6,601,577TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM REVENUESDesc
Business611110BusinessCd
Total Revenue Column$633,029TotalRevenueColumnAmt
Related Or Exempt Func Income$633,029RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$633,029TotalProgramServiceRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business900099BusinessCd
Total Revenue Column$211,501TotalRevenueColumnAmt
Related Or Exempt Func Income$211,501RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$211,501OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,446,107TotalRevenueColumnAmt
Related Or Exempt Func Income$844,530RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,069,907TotalAmt
Program Services$2,263,650ProgramServicesAmt
Management And General$806,257ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$240,030TotalAmt
Program Services$176,986ProgramServicesAmt
Management And General$63,044ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$256,125TotalAmt
Program Services$188,794ProgramServicesAmt
Management And General$67,331ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$227,870TotalAmt
Program Services$168,020ProgramServicesAmt
Management And General$59,850ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$2,540TotalAmt
Management And General$2,540ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$23,000TotalAmt
Management And General$23,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$610,528TotalAmt
Program Services$396,481ProgramServicesAmt
Management And General$214,047ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$194,326TotalAmt
Management And General$194,326ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,236,447TotalAmt
Program Services$1,050,980ProgramServicesAmt
Management And General$185,467ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$501,545TotalAmt
Program Services$501,545ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$25,668TotalAmt
Management And General$25,668ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$309,469TotalAmt
Program Services$263,049ProgramServicesAmt
Management And General$46,420ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$39,630TotalAmt
Management And General$39,630ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FOOD SERVICES$416,401$416,401
INSTRUCTIONAL$344,273$344,273
ORGANIZATIONAL DEVELOPM$191,378$163,032$28,346
OTHER EXPENSES$151,608$115,519$36,089

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,840,745TotalAmt
Program Services$6,048,730ProgramServicesAmt
Management And General$1,792,015ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,125,729BOYAmt
EOY$376,305EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,900BOYAmt
EOY$126,246EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$35,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$340,471BOYAmt
EOY$395,398EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,244,858LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,149,953LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,009,777BOYAmt
EOY$1,094,905EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$47,000BOYAmt
EOY$121,857EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,532,877BOYAmt
EOY$2,149,711EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$249,200BOYAmt
EOY$233,175EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$256,286BOYAmt
EOY$301,217EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$597,083BOYAmt
EOY$497,110EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$55,450BOYAmt
EOY$137,989EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,158,019BOYAmt
EOY$1,169,491EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

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

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

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

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$1,374,858BOYAmt
EOY$980,220EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,374,858BOYAmt
EOY$980,220EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,532,877BOYAmt
EOY$2,149,711EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$394,638ReconcilationRevenueExpnssAmt
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 CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

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

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,505,602OtherCostOrOtherBasisAmt
Depreciation$782,741DepreciationAmt
Book Value$722,861BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$739,256OtherCostOrOtherBasisAmt
Depreciation$367,212DepreciationAmt
Book Value$372,044BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,094,905TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
NET PENSION ASSET$78,405
TCRS STABILIZATION RESERVE TRUST$43,452
FieldValueIRS element (for citing)
Total Book Value Other Assets$121,857TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescNET PENSION LIABILITYDesc
Amt$137,989Amt
FieldValueIRS element (for citing)
Total Liability$137,989TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,446,107TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$7,446,107RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,446,107TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,840,745TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$7,840,745ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,840,745TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE SCHOOL IS A NOT-FOR-PROFIT SCHOOL THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE INTERNAL REVENUE CODE, CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION AND IS SIMILARLY EXEMPT FROM STATE INCOME TAXES. THE 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 UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS FOR 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 UNCERTAINTY 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 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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