PIKE SCHOOL CORP: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- PIKE SCHOOL CORP (EIN 64-0503063)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2011-11-14
- IRS object ID
- 201113189349305446
- 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 | 2011-11-14T15:25:36-06:00 | 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 | HADDOX REID BURKES & CALHOUN PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1100 REGIONS PLAZA | AddressLine1 |
| City | JACKSON | City |
| State | MS | State |
| ZIP Code | 39201 | 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 | 640503063 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PIKE SCHOOL CORPORATION INC | BusinessNameLine1 |
| Business Name Line2 | A/K/A PARKLANE ACADEMY | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PIKE | NameControl |
| Phone | 6016848113 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1115 PARKLANE ROAD | AddressLine1 |
| City | MCCOMB | City |
| State | MS | State |
| ZIP Code | 39648 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JACK HENDERSON | Name |
| Title | ADMINISTRATOR | Title |
| Phone | 6016848113 | Phone |
| Date Signed | 2011-11-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | M GREGORY KING CPA | Name |
| Phone | 6019482924 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JACK HENDERSON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1115 PARKLANE ROAD | AddressLine1 |
| City | MCCOMB | City |
| State | MS | State |
| ZIP Code | 39648 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4016232 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.PARKLANEACADEMY.NET | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1970 | YearFormation |
| State Legal Domicile | MS | StateLegalDomicile |
| Activity Or Mission Description | TO OPERATE A SCHOOL PROVIDING EDUCATIONAL SERVICES AND RELATED ACTIVITIES TO STUDENTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 6 | NbrIndependentVotingMembers |
| Total Nbr Employees | 103 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 138343 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 141361 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3076821 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3589981 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 4809 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4875 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 267676 | OtherRevenuePriorYear |
| Other Revenue Current Year | 170378 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3487649 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3906595 | 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 | 2465191 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2489395 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1007867 | OtherExpensePriorYear |
| Other Expenses Current Year | 1314363 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3473058 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3803758 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 14591 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 102837 | RevenuesLessExpensesCY |
| Total Assets BOY | 1714134 | TotalAssetsBOY |
| Total Assets EOY | 1811297 | TotalAssetsEOY |
| Total Liabilities BOY | 901036 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 753760 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 813098 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1057537 | NetAssetsOrFundBalancesEOY |
| Mission Description | PARKLANE ACADEMY, A PARENT-GOVERNED, COLLEGE PREPARATORY SCHOOL, EXISTS TO CHALLENGE YOUNG CHRISTIAN MEN AND WOMEN TO LOVE OTHERS AS THEMSELVES AND TO GROW IN KNOWLEDGE AND SKILL IN ORDER THAT THEY MAY SERVE OTHERS THROUGH THEIR CHARACTER AND LEADERSHIP. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3134222 | Expense |
| Revenue | 3748604 | Revenue |
| Description | THE OPERATION OF A SCHOOL KNOWN AS PARKLANE ACADEMY PROVIDING EDUCATION FOR STUDENTS FROM KINDERGARTEN THROUGH HIGH SCHOOL, ALONG WITH RELATED ACTIVITIES SUCH AS ATHLETICS AND MUSIC. | Description |
| Total Program Service Expense | 3134222 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | 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 | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | 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 | 0 | 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 | 1 | 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 | 23 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 103 | 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 |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 6 | 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 | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | 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 | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 0 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6016848113 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1115 PARKLANE ROAD | AddressLine1 |
| City | MCCOMB | City |
| State | MS | State |
| ZIP Code | 39648 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (8 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Individual Trustee Or DirectorIndividualTrusteeOrDirector |
|---|---|---|---|---|---|---|
| JACK HENDERSON | ||||||
| ADMINISTRATOR | 40.00 | X | 110304 | 0 | 0 | |
| BRIAN REMLEY | ||||||
| PRESIDENT/DIRECTOR | 5.00 | X | 0 | 0 | 0 | X |
| JOHN DALE DUMAS | ||||||
| VICE-PRES/DIRECTOR | 5.00 | X | 0 | 0 | 0 | X |
| ED FUNCHESS | ||||||
| SECRETARY/DIRECTOR | 5.00 | X | 0 | 0 | 0 | X |
| WARREN ADAMS | ||||||
| DIRECTOR | 5.00 | 0 | 0 | 0 | X | |
| CHRIS HONEA | ||||||
| DIRECTOR | 5.00 | 0 | 0 | 0 | X | |
| BRIAN SMITH | ||||||
| DIRECTOR | 5.00 | 0 | 0 | 0 | X | |
| HOLLY D TURNAGE | ||||||
| DIRECTOR | 5.00 | 0 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 110304 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Membership Dues | 44100 | MembershipDues |
| All Other Contributions | 97261 | AllOtherContributions |
| Total Contributions | 141361 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611600 | 2918262 | 2918262 |
| ATHLETIC & STUDENT ACT | 611700 | 622818 | 622818 |
| AFTER CARE PROGRAM | 611600 | 41180 | 41180 |
| DRIVERS EDUCATION | 611700 | 7721 | 7721 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3589981 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4875 | TotalRevenueColumn |
| Exclusion | $4,875 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2995 | TotalRevenueColumn |
| Exclusion | $2,995 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 118397 | GrossSalesOfInventory |
| Cost Of Goods Sold | 109637 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8760 | TotalRevenueColumn |
| Exclusion | $8,760 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MAINTENANCE REIMBURSEM | 611710 | 84000 | 84000 |
| COMMISSION INCOME | 611710 | 74623 | 74623 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 158623 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3906595 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3748604 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $16,630 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110304 | Total |
| Management And General | 110304 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2174048 | Total |
| Program Services | 1901762 | ProgramServices |
| Management And General | 272286 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28537 | Total |
| Program Services | 23734 | ProgramServices |
| Management And General | 4803 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 176506 | Total |
| Program Services | 121979 | ProgramServices |
| Management And General | 54527 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 563 | Total |
| Management And General | 563 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27431 | Total |
| Management And General | 27431 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29442 | Total |
| Program Services | 22467 | ProgramServices |
| Management And General | 6975 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 228056 | Total |
| Program Services | 167094 | ProgramServices |
| Management And General | 60962 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4685 | Total |
| Program Services | 4685 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64602 | Total |
| Program Services | 64602 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| STUDENT ACTIVITY EXPENS | 555744 | 555744 | |
| OPERATING EXPENSES | 173114 | 105970 | 67144 |
| REPAIRS & MAINTENANCE | 144488 | 124739 | 19749 |
| INSURANCE | 44001 | 26276 | 17725 |
| CONTRACT LABOR | 42237 | 15170 | 27067 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3803758 | Total |
| Program Services | 3134222 | ProgramServices |
| Management And General | 669536 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 409655 | BOY |
| EOY | 478419 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 103383 | BOY |
| EOY | 104523 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12325 | BOY |
| EOY | 71751 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66785 | BOY |
| EOY | 34284 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3422 | BOY |
| EOY | 5366 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1729658 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 823612 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 940437 | BOY |
| EOY | 906046 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 178127 | BOY |
| EOY | 210908 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1714134 | BOY |
| EOY | 1811297 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41894 | BOY |
| EOY | 179770 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 326366 | BOY |
| EOY | 330589 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 170298 | BOY |
| EOY | 130499 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 362478 | BOY |
| EOY | 112902 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 901036 | BOY |
| EOY | 753760 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 595158 | BOY |
| EOY | 615964 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 132566 | BOY |
| EOY | 356199 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 85374 | BOY |
| EOY | 85374 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 813098 | BOY |
| EOY | 1057537 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1714134 | BOY |
| EOY | 1811297 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 102837 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 141602 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 0 | 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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 1 | NumberDAFsHeld |
| Donor Advised Contributions | 0 | DonorAdvisedContributions |
| Grants Paid From Donor Funds | 0 | GrantsPaidFromDonorFunds |
| Aggregate DAF Value | 210908 | AggregateDAFValue |
| Disclosed Orgs Legal Control | 1 | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | 1 | DisclosedForCharitablePurposes |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 217939 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 32781 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 20770 | GrantsOrScholarships |
| End Of Year Balance | 229950 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 212166 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 19187 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 13414 | GrantsOrScholarships |
| End Of Year Balance | 217939 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 262541 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -38275 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 12100 | GrantsOrScholarships |
| End Of Year Balance | 212166 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.37130 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.62870 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 977572 | OtherCostOrOtherBasis |
| Depreciation | 380126 | Depreciation |
| Book Value | 597446 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 297408 | OtherCostOrOtherBasis |
| Depreciation | 93879 | Depreciation |
| Book Value | 203529 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 454678 | OtherCostOrOtherBasis |
| Depreciation | 349607 | Depreciation |
| Book Value | 105071 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 906046 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MUTUAL FUNDS | Description |
| Book Value | 210908 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 210908 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO AFFILIATE | Description |
| Amount | $112,902 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 112902 | TotalOfAmounts |
| Total Revenue | 3906595 | TotalRevenue |
| Total Expenses | 3803758 | TotalExpenses |
| Excess Or Deficit For Year | 102837 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 29872 | NetUnrealizedGLOnInvestments |
| Prior Period Adjustments | 111730 | PriorPeriodAdjustments |
| Total Adjustments | 141602 | TotalAdjustments |
| Excess Or Deficit Per FS | 244439 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 4046104 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 29872 | NetUnrealizedGainsInvestments |
| Other Revenues | 109637 | OtherRevenues |
| Revenue Not Rptd F990 | 139509 | RevenueNotRptdF990 |
| Revenue Subtotal | 3906595 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 3906595 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3913395 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 109637 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 109637 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3803758 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3803758 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE EARNINGS OF THE ENDOWMENT FUNDS ARE INTENDED TO FUND SCHOLARSHIPS FOR NEEDY STUDENTS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ACADEMY MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ACADEMY AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR 2011. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COSTS OF PIONEER MANIA SALES 109,637. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | COSTS OF PIONEER MANIA SALES 109,637. |
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 (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED IN THE NEWSPAPER DURING THE REGISTRATION PERIOD AND AT OTHER APPROPRIATE TIMES OF THE YEAR. THE SCHOOL HAS ALSO ADOPTED A FORMALIZED MINORITY OUTREACH PROGRAM. |
| EXPLANATION OF DOCUMENT RETENTION | SCHEDULE E, PART I, LINE 4 | THE SCHOOL MAINTAINS ALL APPLICABLE RECORDS AND COPIES OF ALL MATERIALS USED IN CONNECTION WITH ADMISSIONS, ETC. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | ALL PARENTS PAY A ONE TIME FEE OF $800 FOR A MEMBERSHIP FEE FOR STUDENTS TO ATTEND THIS PRIVATE SCHOOL. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD HAS SIX VOTING MEMBERS. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THERE IS AN ANNUAL MEETING FOR ALL MEMBERS ONCE A YEAR. CHANGES TO THE BYLAWS MUST BE APPROVED BY THE GENERAL MEMBERSHIP BODY. | |
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF THE IRS FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING THE RETURN. | |
| ALL WAGES ARE REVIEWED AND VOTED UPON BY THE BOARD. | FORM 990, PART VI, SECTION B, LINE 15 | |
| PARKLANE ACADEMY IS A PRIVATE SCHOOL AND DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. THE ENTITY DOES HAVE AN ANNUAL MEETING AND PRESENT THE FINANCIAL STATEMENTS TO THE MEMBERSHIP OF THE SCHOOL. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 29,872. PRIOR PERIOD ADJUSTMENTS: 111,730. TOTAL TO FORM 990, PART XI, LINE 5: 141,602. | FORM 990, PART XI, LINE 5: |
| THE PRIOR PERIOD ADJUSTMENTS OF $111,730 RELATE TO RECLASSIFICATIONS OF STUDENT ACTIVITY ACCOUNT BALANCES TO NET ASSETS AS FOLLOWS: IN PRIOR PERIODS, THE ACADEMY HAS MAINTAINED CERTAIN LIABILITY ACCOUNTS UNDER THE TITLE "DUE TO AGENCY FUNDS" TO ACCOUNT FOR VARIOUS STUDENT ACTIVITY FUNDS HELD BY THE ACADEMY THAT WERE DESIGNATED FOR A SPECIFIC PURPOSE OR ORGANIZED GROUPS. DURING THE CURRENT YEAR IT WAS DETERMINED THAT THESE FUNDS SHOULD BE ACCOUNTED FOR AS BEING PART OF THE ACADEMY, AS THE ACADEMY MAINTAINED CONTROL OF THE ACCOUNTS AND PROCESSED ALL CASH TRANSACTIONS THROUGH ITS BANK ACCOUNTS. AS A RESULT, A PRIOR PERIOD ADJUSTMENT WAS MADE TO CLASSIFY THESE FUNDS AS TEMPORARILY RESTRICTED, RESULTING IN A CHANGE TO BEGINNING TEMPORARILY RESTRICTED NET ASSETS. | FORM 990, PART XI, LINE 5, PRIOR PERIOD ADJUSTMENTS: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHWEST INVESTMENTS INC - 64-0505756 | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1115 PARKLANE DRIVE | AddressLine1 |
| City | MCCOMB | City |
| State | MS | State |
| ZIP Code | 39648 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activity | LESSOR- LEASES LAND AND PREMISES TO PIKE SCHOOL CORPORATION | PrimaryActivity |
| Legal Domicile State | MS | LegalDomicileState |
| Type Of Entity | C | TypeOfEntity |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| SOUTHWEST INVESTMENT INC | ||
| J | 90000 | CASH |
| SOUTHWEST INVESTMENT INC | ||
| O | 84000 | CASH |