BETA

FOUNDING FOURTEEN: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
FOUNDING FOURTEEN (EIN 47-2730451)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-05-15
IRS object ID
201921359349313927
Schema version
2017v2.3
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)
Return2019-05-15T19:53:56-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN581589807PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARSHALL JONES & COBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line126 LENOX POINTE NEAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP303243169ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

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)
PersonMICHAEL FINLEYPersonNm
Person TitleBOARD CHAIRPersonTitleTxt
Phone6783211100PhoneNum
Signature2019-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNATHAN LUMMUSPreparerPersonNm
PTINP02049603PTIN
Phone4042312001PhoneNum
Preparation2019-05-13PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address139.60.228.153IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-05-15IPDt
IP Tm20:52:39IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id620E0DE5FE11F1C9D81E459945C3ADE4A5B54744AtSubmissionCreationDeviceId
At Submission Filing Device Id33F73C2FAE8255213E637C6655E960096283F020AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

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 OfficerMICHAEL FINLEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line111365 CRABAPPLE ROADAddressLine1Txt
CityROSWELLCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30075ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,427,013GrossReceiptsAmt
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 Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,449,657PYContributionsGrantsAmt
CY Contributions Grants$5,237,798CYContributionsGrantsAmt
PY Program Service Revenue$173,825PYProgramServiceRevenueAmt
CY Program Service Revenue$188,901CYProgramServiceRevenueAmt
PY Investment Income$40PYInvestmentIncomeAmt
CY Investment Income$314CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$4,623,522PYTotalRevenueAmt
CY Total Revenue$5,427,013CYTotalRevenueAmt
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$2,318,268PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,757,106CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,576,385PYOtherExpensesAmt
CY Other Expenses$1,858,088CYOtherExpensesAmt
PY Total Expenses$3,894,653PYTotalExpensesAmt
CY Total Expenses$5,615,194CYTotalExpensesAmt
PY Revenues Less Expenses$728,869PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$188,181CYRevenuesLessExpensesAmt
Total Assets BOY$929,209TotalAssetsBOYAmt
Total Assets EOY$3,746,229TotalAssetsEOYAmt
Total Liabilities BOY$208,586TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,213,787TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$720,623NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$532,442NetAssetsOrFundBalancesEOYAmt
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$4,220,105ExpenseAmt
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$86,412ExpenseAmt
Revenue$188,901RevenueAmt
DescAFTER-SCHOOL PROGRAM PROVIDES AFTERCARE FOR STUDENTS AFTER SCHOOL HOURSDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$4,306,517TotalProgramServiceExpensesAmt
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
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 Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

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

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MICHAEL FINLEY
GOVERNING BOARD MEMBER0.00Yes (X)Yes (X)$0$0$0
MEREDITH ATWOOD
GOVERNING BOARD MEMBER0.00Yes (X)$0$0$0
KATIE DION
GOVERNING BOARD MEMBER0.00Yes (X)$0$0$0
SCOTT BOZE
GOVERNING BOARD MEMBER0.00Yes (X)$0$0$0
JOESPH AKPAN
GOVERNING BOARD MEMBER0.00Yes (X)$0$0$0
KEITH LOUER
GOVERNING BOARD MEMBER0.00Yes (X)$0$0$0
EDGARD NEIVES
GOVERNING BOARD MEMBER0.00Yes (X)$0$0$0
MAHNAZ CHARANIA
GOVERNING BOARD MEMBER0.00Yes (X)$0$0$0
JUNE ERICKSON
GOVERNING BOARD MEMBER0.00Yes (X)Yes (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$5,012,340GovernmentGrantsAmt
All Other Contributions$225,458AllOtherContributionsAmt
Total Contributions$5,237,798TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescAFTER SCHOOL CAREDesc
Business900099BusinessCd
Total Revenue Column$188,901TotalRevenueColumnAmt
Related Or Exempt Func Income$188,901RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$188,901TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$314TotalRevenueColumnAmt
Exclusion$314ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,427,013TotalRevenueColumnAmt
Related Or Exempt Func Income$188,901RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$314ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,444,590TotalAmt
Program Services$1,835,230ProgramServicesAmt
Management And General$609,360ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,251,591TotalAmt
Program Services$939,608ProgramServicesAmt
Management And General$311,983ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$60,925TotalAmt
Program Services$45,738ProgramServicesAmt
Management And General$15,187ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$37,351TotalAmt
Management And General$37,351ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,767TotalAmt
Management And General$5,767ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$35,483TotalAmt
Management And General$35,483ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$22,856TotalAmt
Management And General$22,856ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$61,494TotalAmt
Program Services$61,494ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$769,936TotalAmt
Program Services$769,936ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$960TotalAmt
Management And General$960ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$24,916TotalAmt
Program Services$24,916ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$38,474TotalAmt
Management And General$38,474ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
CLASSROOM EXPENSES$230,049$228,684$1,365
STUDENT ACTIVITY FEES$89,039$89,039
CUSTODIAL EXPENSE$88,017$88,017
AFTER SCHOOL PROGRAM/EN$86,412$86,412

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$367,334TotalAmt
Program Services$137,443ProgramServicesAmt
Management And General$229,891ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,615,194TotalAmt
Program Services$4,306,517ProgramServicesAmt
Management And General$1,308,677ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$487,152BOYAmt
EOY$645,875EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$78,970EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$14,279BOYAmt
EOY$21,133EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$330,291LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$36,852LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$98,354BOYAmt
EOY$293,439EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$329,424BOYAmt
EOY$2,706,812EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$929,209BOYAmt
EOY$3,746,229EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$208,586BOYAmt
EOY$271,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,942,787EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$208,586BOYAmt
EOY$3,213,787EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$720,623BOYAmt
EOY$532,442EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$720,623BOYAmt
EOY$532,442EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$929,209BOYAmt
EOY$3,746,229EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$188,181ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
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

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$210,402OtherCostOrOtherBasisAmt
Depreciation$36,852DepreciationAmt
Book Value$173,550BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$119,889OtherCostOrOtherBasisAmt
Book Value$119,889BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$293,439TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
SECURITY DEPOSITS$54,685
DEFERRED OUTFLOWS OF RESOURCES$2,652,127
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,706,812TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
NET PENSION LIABILITY$2,911,760
DEFERRED INFLOW OF RESOURCES$31,027
FieldValueIRS element (for citing)
Total Liability$2,942,787TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,427,013TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$5,427,013RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,427,013TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,615,194TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$5,615,194ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,615,194TotalExpensesPerForm990Amt

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, 2018.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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