SWIFT LEARNING CENTER INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- SWIFT LEARNING CENTER INC (EIN 58-2410129)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-12
- IRS object ID
- 201210729349301511
- Schema version
- 2010v3.4
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-12T18:05:58-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINDHAM BRANNON PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3630 PEACHTREE RD NE SUITE 600 | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30326 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582410129 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SWIFT LEARNING CENTER INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SWIF | NameControl |
| Phone | 6782054988 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 GRIMES BRIDGE ROAD | AddressLine1 |
| City | ROSWELL | City |
| State | GA | State |
| ZIP Code | 30075 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PAUL FOLTZ | Name |
| Title | BUSINESS MANAGER | Title |
| Phone | 6782054988 | Phone |
| Date Signed | 2012-03-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DEBORAH L PRIEST CPA | Name |
| Phone | 4048982000 | Phone |
| Date Prepared | 2012-03-01 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SWIFT SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | PAUL FOLTZ | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 GRIMES BRIDGE ROAD | AddressLine1 |
| City | ROSWELL | City |
| State | GA | State |
| ZIP Code | 30075 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2987897 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.THESWIFTSCHOOL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1998 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | TO PREPARE CHILDREN WITH DYSLEXIA & RELATED LANGUAGE-BASED LEARNING DIFFERENCES TO BE SUCCESSFUL IN LIFE BY TEACHING SPECIFIC LEARNING STRATEGIES AND FULLY DEVELOPING STUDENT TALENTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 49 | TotalNbrEmployees |
| Total Nbr Volunteers | 180 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 117550 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 103650 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2130137 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2762330 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 4481 | InvestmentIncomePriorYear |
| Investment Income Current Year | 6741 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 63139 | OtherRevenuePriorYear |
| Other Revenue Current Year | 71384 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2315307 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2944105 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1494877 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1907244 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 6189 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 761603 | OtherExpensePriorYear |
| Other Expenses Current Year | 707522 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2256480 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2614766 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 58827 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 329339 | RevenuesLessExpensesCY |
| Total Assets BOY | 4596812 | TotalAssetsBOY |
| Total Assets EOY | 5328329 | TotalAssetsEOY |
| Total Liabilities BOY | 3727145 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4129323 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 869667 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1199006 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PREPARE CHILDREN WITH DYSLEXIA & RELATED LANGUAGE-BASED LEARNING DIFFERENCES TO BE SUCCESSFUL IN LIFE BY TEACHING SPECIFIC LEARNING STRATEGIES AND FULLY DEVELOPMENT STUDENT TALENTS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1803396 | Expense |
| Revenue | 2762330 | Revenue |
| Description | EDUCATING CHILDREN WITH MILD TO MODERATE LEARNING DIFFICULTIES IN READING, SPELLING, WRITING, PHONEME AWARENESS, AND LANGUAGE PROCESSING/EXPRESSION. | Description |
| Total Program Service Expense | 1803396 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 49 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAUL FOLTZ | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6782054988 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 GRIMES BRIDGE RD | AddressLine1 |
| City | ROSWELL | City |
| State | GA | State |
| ZIP Code | 30075 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | FormerFormer |
|---|---|---|---|---|---|---|---|
| BOB GRAY | |||||||
| CHAIRMAN | 12.00 | X | X | 0 | 0 | 0 | |
| TOM FLANIGAN | |||||||
| VICE CHAIR | 6.00 | X | X | 0 | 0 | 0 | |
| LAURA GREEN | |||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 | |
| PETER WILLIAMS | |||||||
| TREASURER | 5.00 | X | X | 0 | 0 | 0 | |
| LINDA KELLEY | |||||||
| TRUSTEES | 1.00 | X | 0 | 0 | 0 | ||
| JOHN KITTLE | |||||||
| TRUSTEES | 1.00 | X | 0 | 0 | 0 | ||
| CHRISTINE MCGINNIS | |||||||
| TRUSTEES | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD PHILLIPS | |||||||
| TRUSTEES | 1.00 | X | 0 | 0 | 0 | ||
| LAURA RIES | |||||||
| TRUSTEES | 1.00 | X | 0 | 0 | 0 | ||
| DON SUTTON | |||||||
| TRUSTEES | 1.00 | X | 0 | 0 | 0 | ||
| KAREN BUTTERMORE | |||||||
| DEV. DIRECTOR | 55.00 | X | 38000 | 0 | 0 | ||
| CYNTHIA MANLEY | |||||||
| CONTROLLER | 55.00 | X | 59015 | 0 | 0 | ||
| ANDREA SALAPKA | |||||||
| ASSOC. HEAD OF SCHOOL | 50.00 | X | 70018 | 0 | 0 | ||
| RICHARD WENDLEK | |||||||
| EXEC.DIRECTOR | 55.00 | X | 72500 | 0 | 0 | ||
| GAIL SWIFT | |||||||
| FOUNDER | 25.00 | 68836 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 239533 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 103650 | AllOtherContributions |
| Total Contributions | 103650 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION & FEES | Description |
| Business Code | 611600 | BusinessCode |
| Total Revenue Column | 2762330 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2762330 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2762330 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6741 | TotalRevenueColumn |
| Exclusion | $6,741 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 115176 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 43792 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 71384 | TotalRevenueColumn |
| Exclusion | $71,384 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2944105 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2762330 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $78,125 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1776389 | Total |
| Program Services | 1211075 | ProgramServices |
| Management And General | 565314 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 130855 | Total |
| Program Services | 70405 | ProgramServices |
| Management And General | 60450 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17787 | Total |
| Program Services | 10595 | ProgramServices |
| Management And General | 6888 | ManagementAndGeneral |
| Fundraising | 304 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 122981 | Total |
| Program Services | 86144 | ProgramServices |
| Management And General | 36837 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 151149 | Total |
| Program Services | 125454 | ProgramServices |
| Management And General | 25695 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24193 | Total |
| Management And General | 24193 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| SCHOOL SUPPLIES & ACTIV | 194408 | 186485 | 7923 |
| TELEPHONE & UTILITIES | 58286 | 41250 | 17036 |
| MAINTENANCE | 43546 | 25541 | 18005 |
| JANITORIAL | 25303 | 18977 | 6326 |
| PROFESSIIONAL FEE | 15319 | 15319 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54550 | Total |
| Program Services | 27470 | ProgramServices |
| Management And General | 21195 | ManagementAndGeneral |
| Fundraising | 5885 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2614766 | Total |
| Program Services | 1803396 | ProgramServices |
| Management And General | 805181 | ManagementAndGeneral |
| Fundraising | 6189 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1047621 | BOY |
| EOY | 1781519 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1050 | BOY |
| EOY | 8231 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3227 | BOY |
| EOY | 4165 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4155921 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 621507 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3537190 | BOY |
| EOY | 3534414 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7724 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4596812 | BOY |
| EOY | 5328329 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 96311 | BOY |
| EOY | 103719 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 764574 | BOY |
| EOY | 1300280 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30000 | BOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2836260 | BOY |
| EOY | 2725324 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3727145 | BOY |
| EOY | 4129323 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 866060 | BOY |
| EOY | 1193682 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3607 | BOY |
| EOY | 5324 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 869667 | BOY |
| EOY | 1199006 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4596812 | BOY |
| EOY | 5328329 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 329339 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 640000 | OtherCostOrOtherBasis |
| Book Value | 640000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2504454 | OtherCostOrOtherBasis |
| Depreciation | 320547 | Depreciation |
| Book Value | 2183907 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 802064 | OtherCostOrOtherBasis |
| Depreciation | 198090 | Depreciation |
| Book Value | 603974 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 89081 | OtherCostOrOtherBasis |
| Depreciation | 59993 | Depreciation |
| Book Value | 29088 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 120322 | OtherCostOrOtherBasis |
| Depreciation | 42877 | Depreciation |
| Book Value | 77445 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 3534414 | TotalOfBookValueLandBuildings |
| Total Revenue | 2944105 | TotalRevenue |
| Total Expenses | 2614766 | TotalExpenses |
| Excess Or Deficit For Year | 329339 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | 329339 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 2987897 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 43792 | OtherRevenues |
| Revenue Not Rptd F990 | 43792 | RevenueNotRptdF990 |
| Revenue Subtotal | 2944105 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 2944105 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2658558 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 43792 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 43792 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2614766 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2614766 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES 43,792. |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES 43,792. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | RACIAL NONDISCRIMINATION POLICY IS INCLUDED IN ADMISSIONS DOCUMENTS, SCHOOL LITERATURE, FUNDRAISING DOCUMENTS, WEBSITE, FINANCIAL REPORTS AND THE ANNUAL REPORT. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BUTTER BRAID | NameOfEvent1 |
| Gross Receipts Event1 | 26370 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 26370 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 15770 | OtherDirectExpensesEvent1 |
| Name Of Event2 | SPRING GALA | NameOfEvent2 |
| Gross Receipts Event2 | 60063 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 60063 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 16775 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 28743 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 28743 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 11247 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 115176 | GrossReceiptsTotal |
| Gross Revenue Total Events | 115176 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 43792 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 43792 | DirectExpenseSummaryEvents |
| Net Income Summary | 71384 | NetIncomeSummary |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS COMPLETED AFER THE SCHOOL'S ANNUAL AUDIT IS PERFORMED. THE AUDITED FINANCIAL STATEMENTS ARE REVIEWED WITH THE CPA FIRM BY THE TREASURER, HEAD OF THE SCHOOL, THE BUSINESS MANAGER AND THE MEMBERS OF THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDITED FINANCIAL STATEMENTS ARE PRESENTED TO THE ENTIRE BOARD OF TRUSTREES FOR APPROVAL. ONCE APPROVED, THE BUSINESS MANAGER ENGAGES AN ACCOUNTING FIRM TO PREPARE THE FORM 990. THE COMPLETED FORM 990 IS REVIEWED BY THE BUSINESS MANAGER, TREASURER AND HEAD OF SCHOOL PRIOR TO SUBMITTAL TO THE IRS. | |
| BOARD MEMBERS ARE ROUTINELY ASKED TO NOTIFY THE ORGANIZATION OF ANY BUSINESS RELATIONSHIPS WITH THE ORGANIZATION. THESE RELATIONSHIP ARE DISCUSSED WITH THE AUDITORS AND DISCLOSED IN THE FINANCIAL STATEMENTS IF NECESSARY. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE BOARD ENGAGES CONSULTING FIRMS TO FILL THE EXECUTIVE DIRECTOR POSITION. THE EXECUTIVE DIRECTOR'S SALARY IS SET BASED ON RECOMMENDATIONS OF THE CONSULTING FIRM. | FORM 990, PART VI, SECTION B, LINE 15A | |
| TTHE FORM 990, ALONG WITH ANY OTHER OFFICIAL DOCUMENTS, ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE BUSINESS OR ADVANCEMENT OFFICE. | FORM 990, PART VI, SECTION C, LINE 19 |
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