TEXAS COUNTY TECHNICAL INSTITUTE: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: TEXAS COUNTY TECHNICAL INSTITUTE (EIN 43-1742297)
Tax period: 2024-07-01 to 2025-06-30
Filed: 2026-05-14
IRS object ID: 202601349349300225
Schema version: 2024v5.5
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-05-14T07:39:21-05:00	ReturnTs
Tax Period End	2025-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	050568611	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SST ACCOUNTANTS & CONSULTANTS PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	12720 HILLCREST ROAD SUITE 500	AddressLine1Txt
City	DALLAS	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	752302039	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	431742297	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TEXAS COUNTY TECHNICAL INSTITUTE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	TEXA	BusinessNameControlTxt
Phone	4177775062	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 592	AddressLine1Txt
City	BOLIVAR	CityNm
State Abbreviation	MO	StateAbbreviationCd
ZIP	65613	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CHARLOTTE GRAY	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	4177775062	PhoneNum
Signature	2026-05-12	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JEANETTE VERRELLI	PreparerPersonNm
PTIN	P00742631	PTIN
Phone	9723921143	PhoneNum

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	BOLIVAR TECHNICAL COLLEGE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	CHARLOTTE GRAY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 592	AddressLine1Txt
City	BOLIVAR	CityNm
State Abbreviation	MO	StateAbbreviationCd
ZIP	65613	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$3,539,320	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.BOLIVARCOLLEGE.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1996	FormationYr
Legal Domicile State	MO	LegalDomicileStateCd
Activity Or Mission	A POSTSECONDARY INSTITUTION DEDICATED TO PROVIDING CAREER-FOCUSED EDUCATION THAT PREPARES STUDENTS FOR EMPLOYMENT IN THE HEALTHCARE FIELD, WITH A PRIMARY EMPHASIS ON NURSING EDUCATION.	ActivityOrMissionDesc
Voting Members Governing Body	3	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	40	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$466,053	PYContributionsGrantsAmt
CY Contributions Grants	$343,000	CYContributionsGrantsAmt
PY Program Service Revenue	$2,835,496	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,892,532	CYProgramServiceRevenueAmt
PY Investment Income	-$80,767	PYInvestmentIncomeAmt
CY Investment Income	$39,586	CYInvestmentIncomeAmt
PY Other Revenue	$106,949	PYOtherRevenueAmt
CY Other Revenue	$86,663	CYOtherRevenueAmt
PY Total Revenue	$3,327,731	PYTotalRevenueAmt
CY Total Revenue	$3,361,781	CYTotalRevenueAmt
PY Grants And Similar Paid	$20,257	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$3,938	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,655,774	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,728,097	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,492,691	PYOtherExpensesAmt
CY Other Expenses	$1,488,811	CYOtherExpensesAmt
PY Total Expenses	$3,168,722	PYTotalExpensesAmt
CY Total Expenses	$3,220,846	CYTotalExpensesAmt
PY Revenues Less Expenses	$159,009	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$140,935	CYRevenuesLessExpensesAmt
Total Assets BOY	$3,000,351	TotalAssetsBOYAmt
Total Assets EOY	$3,128,372	TotalAssetsEOYAmt
Total Liabilities BOY	$731,755	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$600,886	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,268,596	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,527,486	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	BOLIVAR TECHNICAL COLLEGE IS A POSTSECONDARY INSTITUTION DEDICATED TO PROVIDING CAREER-FOCUSED EDUCATION THAT PREPARES STUDENTS FOR EMPLOYMENT IN THE HEALTHCARE FIELD, WITH A PRIMARY EMPHASIS ON NURSING EDUCATION. THE COLLEGE SERVES INDIVIDUALS SEEKING TO ENTER OR ADVANCE WITHIN THE HEALTHCARE WORKFORCE BY OFFERING PRACTICAL, SKILLS-BASED TRAINING ALIGNED WITH INDUSTRY NEEDS.BOLIVAR TECHNICAL COLLEGE IS COMMITTED TO COMMUNITY ENGAGEMENT AND WORKFORCE DEVELOPMENT, ENSURING ITS EDUCATIONAL OFFERINGS ALIGN WITH REGIONAL HEALTHCARE DEMANDS. THROUGH ITS PROGRAMS, THE COLLEGE CONTRIBUTES TO STRENGTHENING THE HEALTHCARE WORKFORCE AND IMPROVING THE OVERALL WELL-BEING OF THE COMMUNITIES IT SERVES.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$2,084,839	ExpenseAmt
Grant	$3,938	GrantAmt
Revenue	$2,922,372	RevenueAmt
Desc	THE COLLEGE OFFERS NURSING PROGRAMS FROM CERTIFICATE TO BACHELOR'S DEGREE LEVEL. PROGRAMS INCLUDE PRACTICAL NURSING (LPN), PROFESSIONAL NURSING (RN), AND RN TO BSN COMPLETION (BSN). THE COLLEGE HAS ON-CAMPUS, HYBRID, AND ONLINE ENROLLMENT. IN SPRING 2022, THE COLLEGE ADDED THE RN TO BSN COMPLETION PROGRAM, 100% ONLINE PROGRAM. IN MAY 2024, THE COLLEGE WAS APPROVED BY THE MISSOURI STATE BOARD OF NURSING TO INCREASE ENROLLMENT IN THE PROGRAMS. ALSO, IN MAY 2024, THE COLLEGE BEGAN OFFERING TWO OPTIONS FOR THE PRACTICAL NURSING PROGRAM: A 3-SEMESTER TRACK AND A 4-SEMESTER TRACK. IN APRIL 2025, THE COLLEGE REQUESTED APPROVAL TO OFFER MORE HYBRID CLASSES, ENABLING THE WORKING ADULT MORE FLEXIBILITY. THE REQUEST WAS APPROVED AND STARTED IN JANUARY 2026.	Desc
Total Program Service Expenses	$2,084,839	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (1)	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	24	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	40	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	3	GoverningBodyVotingMembersCnt
Independent Voting Member	0	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	0	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MO	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RACHAEL HENEISE SECRETARYTREASURER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4177775062	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 592	AddressLine1Txt
City	BOLIVAR	CityNm
State Abbreviation	MO	StateAbbreviationCd
ZIP	65613	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
CHARLOTTE GRAY
PRESIDENT	60.00	Yes (X)	Yes (X)	$200,571	$0	$23,868
DR WILLIAM GRAY
VICE PRESIDENT	35.00	Yes (X)	Yes (X)	$157,102	$0	$6,816
RACHAEL HENEISE
SECRETARY/TREASURER	40.00	Yes (X)	Yes (X)	$65,200	$0	$10,109

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$422,873	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$40,793	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	2	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Government Grants	$343,000	GovernmentGrantsAmt
Total Contributions	$343,000	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	TUITION & FEES	Desc
Business	611519	BusinessCd
Total Revenue Column	$2,892,532	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,892,532	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,892,532	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$37,063	TotalRevenueColumnAmt
Exclusion	$37,063	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$55,000	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$55,000	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$55,000	TotalRevenueColumnAmt
Exclusion	$55,000	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$47,170	SecuritiesAmt
Other	$2,500	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$47,147	SecuritiesAmt
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$23	SecuritiesAmt
Other	$2,500	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,523	TotalRevenueColumnAmt
Exclusion	$2,523	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$160,232	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$130,392	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$29,840	TotalRevenueColumnAmt
Related Or Exempt Func Income	$29,840	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS REVENUE	Desc
Business	611519	BusinessCd
Total Revenue Column	$1,823	TotalRevenueColumnAmt
Exclusion	$1,823	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,823	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,361,781	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,922,372	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$96,409	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$2,074	TotalAmt
Program Services	$2,074	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$1,864	TotalAmt
Program Services	$1,864	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$508,145	TotalAmt
Program Services	$340,457	ProgramServicesAmt
Management And General	$167,688	ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$55,832	TotalAmt
Program Services	$37,408	ProgramServicesAmt
Management And General	$18,424	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$978,636	TotalAmt
Program Services	$655,685	ProgramServicesAmt
Management And General	$322,951	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$32,961	TotalAmt
Program Services	$22,084	ProgramServicesAmt
Management And General	$10,877	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$41,264	TotalAmt
Program Services	$28,217	ProgramServicesAmt
Management And General	$13,047	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$111,259	TotalAmt
Program Services	$74,543	ProgramServicesAmt
Management And General	$36,716	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$74,187	TotalAmt
Management And General	$74,187	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$68,607	TotalAmt
Management And General	$68,607	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$70,328	TotalAmt
Management And General	$70,328	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$98,474	TotalAmt
Program Services	$41,108	ProgramServicesAmt
Management And General	$57,366	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$557,779	TotalAmt
Program Services	$390,446	ProgramServicesAmt
Management And General	$167,333	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$20,178	TotalAmt
Management And General	$20,178	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$106,155	TotalAmt
Program Services	$74,308	ProgramServicesAmt
Management And General	$31,847	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
STUDENT SUPPLIES, SERVI	$251,319	$251,319
MSBN GRANT EXPENDITURES	$162,301	$162,301
BAD DEBT	$76,458		$76,458
STUDENT LIABILITY INSUR	$3,025	$3,025

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,220,846	TotalAmt
Program Services	$2,084,839	ProgramServicesAmt
Management And General	$1,136,007	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$106,436	BOYAmt
EOY	$290,383	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$472,969	BOYAmt
EOY	$372,548	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$103,282	BOYAmt
EOY	$94,497	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$12,119	BOYAmt
EOY	$14,640	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$48,616	BOYAmt
EOY	$80,102	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,776,629	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,208,264	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$559,573	BOYAmt
EOY	$568,365	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$1,063,026	BOYAmt
EOY	$1,200,266	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$634,330	BOYAmt
EOY	$507,571	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,000,351	BOYAmt
EOY	$3,128,372	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$144,478	BOYAmt
EOY	$183,844	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$218,529	BOYAmt
EOY	$247,031	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$368,748	BOYAmt
EOY	$170,011	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$731,755	BOYAmt
EOY	$600,886	EOYAmt

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

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,268,596	BOYAmt
EOY	$2,527,486	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,268,596	BOYAmt
EOY	$2,527,486	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,000,351	BOYAmt
EOY	$3,128,372	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$140,935	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$117,955	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

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

Schedule A IRS990ScheduleA

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

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

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

Contributor US Address ContributorUSAddress

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

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

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$79,000	OtherCostOrOtherBasisAmt
Book Value	$79,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$550,282	OtherCostOrOtherBasisAmt
Depreciation	$301,948	DepreciationAmt
Book Value	$248,334	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,029,362	OtherCostOrOtherBasisAmt
Depreciation	$855,277	DepreciationAmt
Book Value	$174,085	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$117,985	OtherCostOrOtherBasisAmt
Depreciation	$51,039	DepreciationAmt
Book Value	$66,946	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$568,365	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDesc	Book ValueBookValueAmt
ANNUITY	$224,355
OPERATING LEASE - RIGHT OF USE ASSET	$168,112
CASH SURRENDER VALUE OF LIFE INSURANCE CONTRACTS	$115,104

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$507,571	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	OPERATING LEASE LIABILITY	Desc
Amt	$170,011	Amt

Field	Value	IRS element (for citing)
Total Liability	$170,011	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$3,608,264	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$117,955	NetUnrealizedGainsInvstAmt
Other Revenue	$130,392	OtherRevenueAmt
Revenue Not Reported	$248,347	RevenueNotReportedAmt
Revenue Subtotal	$3,359,917	RevenueSubtotalAmt
Other Revenues Not Included	$1,864	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$1,864	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$3,361,781	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$3,349,374	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$130,392	OtherExpensesIncludedAmt
Expenses Not Reported	$130,392	ExpensesNotReportedAmt
Expenses Subtotal	$3,218,982	ExpensesSubtotalAmt
Other Expenses Not Included	$1,864	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$1,864	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$3,220,846	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT CRITERION OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO RELATED INTEREST OR PENALTIES HAVE BEEN RECORDED. FEDERAL TAX RETURNS OF THE ENTITY ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITY FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	COST OF GOODS SOLD 130,392.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	SCHOLARSHIPS REPORTED ON LINE 2 1,864.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	COST OF GOODS SOLD 130,392.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	SCHOLARSHIPS REPORTED ON LINE 2 1,864.

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3	OUR RACIALLY NONDISCRIMINATORY POLICY IS PUBLICIZED BY BEING PUBLISHED IN OUR STUDENT CATALOG, WEBSITE AND EMPLOYEE HANDBOOK. ALL STUDENTS RECEIVE COPIES OF THE NONDISCRIMINATORY POLICY DURING ORIENTATION.
SCHEDULE E, PART I, LINE 6	WE RECEIVE FINANCIAL AID ON STUDENTS (PELL, LOANS) FROM THE DEPARTMENT OF EDUCATION.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
CHARLOTTE GRAY
PRESIDENT	$200,571	$0	$0	$0	$0	$0	$8,023	$0	$15,845	$0	$224,439	$0	$0	$0
DR WILLIAM GRAY
VICE PRESIDENT	$80,937	$0	$76,165	$0	$0	$0	$6,301	$0	$515	$0	$163,918	$0	$0	$0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	HALEIGH GRAY	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	DAUGHTER-IN-LAW OF BOARD PRESIDENT/VP	RelationshipDescriptionTxt
Transaction	$55,832	TransactionAmt
Transaction	EMPLOYEE COMPENSATION	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2	THE PRESIDENT, CHARLOTTE GRAY, AND VICE PRESIDENT, DR. WILLIAM GRAY, ARE HUSBAND AND WIFE. THE SECRETARY/TREASURER, RACHAEL HENEISE IS THEIR DAUGHTER.
FORM 990, PART VI, SECTION A, LINE 8B	THERE ARE NO OTHER COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11B	FORM 990 IS REVIEWED BY THE PRESIDENT AND THE ACCOUNTANT PRIOR TO BEING DISTRIBUTED TO THE OTHER BOARD MEMBERS. ONCE APPROVED, THE RETURN IS FILED.
FORM 990, PART VI, SECTION B, LINE 12C	THE BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. ANY CONFLICTS THAT ARISE DURING THE YEAR ARE ADDRESSED. ANY PERSON WITH A CONFLICT DOES NOT PARTICIPATE IN ANY DECISION RELATED TO THE CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15	THERE IS AN ANNUAL REVIEW OF ALL EMPLOYEE SALARIES. ADJUSTMENTS ARE MADE BY THE DEPARTMENT HEADS AND PRESIDENT. OFFICER SALARIES ARE REVIEWED AND APPROVED IN BOARD MEETINGS. THE ORGANIZATION USES OTHER 990'S AND COMPENSATION STUDIES TO DETERMINE COMPENSATION OF THE PRESIDENT.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION'S GOVERNING DOCUMENTS, WRITTEN POLICIES, AND FINANCIALS ARE MADE AVAILABLE UPON REQUEST BY INTERESTED PARTIES.