Triad School FY2020 filing

Klamath Falls, ORUnknown exempt organization EIN 31-1755570Revenue $3.5M in FY2020Latest filing we have: 2020. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRStriadschool.comKlamath Falls, OR

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $1,000 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

Pre-School through 12th grade School exists to celebrate the truth of christ while challenging students in a college preparatory setting.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-1755570) · Dispute this line
76¢ of each $1 spent went to programs.
$112K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
The latest return is for FY2021, 5 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $1.5M a year · 75% of revenue · last 2 filings
A surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
76%
of spending
76% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$112K
to officers and key staff · 12% of spending
Pay to officers and key staff is 12% of spending.
Part VII, Section A
36.6 mo
of spending, in cash
36.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $453
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$438K
15% of total assets
Liabilities are 15% of assets.
Pt X · Ln 26
Independent board members
6
of 7 voting members
6 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$3.5M
Spent
$967K
To programs
76%
Net assets
$2.5M
By yearFY2020–FY2021
Revenue
$3.5M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$3.5M
FY2021$514K
Expenses
$967K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$967K
FY2021$48K
Net assets
$2.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.5M
FY2021$0

From the FY2020 Form 990 (year ending August 2020) · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2021) →

Is it real?

Yes. Exemption reinstated (2010-11-15). Per the IRS revocation list. Latest filing we have: FY2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $730K Management & general 24% · $237K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990; $112K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Administrato
$56,178Pt VII · Sec A
Administrato
$34,528Pt VII · Sec A
Bookkeeper
$21,308Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Treasurer/Se
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2021FY2020
Jim Libby—$56,178
Shauna Young$35,539$34,528
Cathy Waters—$21,308

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Triad School executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates students from preschool through 12th grade in a college preparatory setting, celebrating Christ's truth.

Questions for Triad School

Tap to ask. Triad School sees how many people are interested.

Your first name shows with your question. Triad School answers here, for everyone.

1 program · $730K · in their own filed words · FY2019
01

The school provides an acedemic and religious eduation for pre-school through 12TH grade students.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-1755570) · Dispute this line
$730Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$453

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$3.5M
Ln 12
Gifts and grantsLn 1h$2.7M
Fees for servicesLn 2g$764K
Other incomeLn 4–11$66K
Money outPt IX
$967K
Ln 25
Programscol B$730K
Managementcol C$237K
Owns and owesPt X
$2.5M
net assets · Ln 32
Cash and savingsLn 1–2$2.9M
Total assetsLn 16$2.9M
LiabilitiesLn 26$438K
PeoplePt VI, VII
10
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.7M
Fees for servicesLn 2g$764K
Other incomeLn 4–11$66K
Total revenueLn 12$3.5M
Assets in detailPt X, end of year
CashLn 1$341K
SavingsLn 2$2.6M
Cash and savings togetherLn 1–2$2.9M
Accounts receivableLn 4$547
Total assetsLn 16$2.9M
LiabilitiesLn 26$438K
Net assetsLn 32$2.5M
OperationsPt I, VI
EmployeesI 550
VolunteersI 6120
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$275K$2.9M
Total assetsLn 16$332K$2.9M
LiabilitiesLn 26$358K$438K
Net assetsLn 32−$26K$2.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$129K$75K$53K
Other salaries and wagesLn 7$488K$366K$122K
Payroll taxesLn 10$44K$33K$11K
Accounting feesLn 11c$11K$11K
Office expensesLn 13$11K$8K$3K
Information technologyLn 14$3K$2K$703
OccupancyLn 16$96K$72K$24K
InsuranceLn 23$40K$30K$10K
Other expenses (24a–d)Ln 24$124K$124K
All other expensesLn 24e$22K$20K$2K
Total functional expensesLn 25$967K$730K$237K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 LatestFiled with the IRS Oct 1, 2021 $514K$48K$466K$0 990 PDF
FY2020 ViewingFiled with the IRS Mar 11, 2021 $3.5M$967K$2.5M$2.5M 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $3,502,994 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $141,684$2,673,779
I-9 Program service revenuePrior year $681,032$763,504
I-10 Investment incomePrior year $17$0
I-11 Other revenuePrior year $131,712$65,711
I-12 Total revenuePrior year $954,445$3,502,994
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $680,428$659,872
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $212,745$306,899
I-18 Total expensesPrior year $893,173$966,771
I-19 Revenue less expensesPrior year $61,272$2,536,223
Part VI · Governance 6 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $3,502,994 across 6 lines filed
Lines not itemized here account for −$10,805 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$2,673,779
VIII-1h Total contributions, gifts and grants$2,673,779
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $763,504$763,504
VIII-8 Net income from fundraising events$73,647
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,869$2,869
VIII-12 Total revenueRelated to mission $755,568$3,502,994
Part IX · Statement of functional expenses $966,771 across 10 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $75,183 · Management $53,355$128,538
IX-7 Other salaries and wagesPrograms $365,868 · Management $121,956$487,824
IX-10 Payroll taxesPrograms $32,632 · Management $10,878$43,510
IX-11c Accounting feesManagement $11,359$11,359
IX-13 Office expensesPrograms $7,982 · Management $2,661$10,643
IX-14 Information technologyPrograms $2,110 · Management $703$2,813
IX-16 OccupancyPrograms $72,068 · Management $24,023$96,091
IX-23 InsurancePrograms $29,755 · Management $9,918$39,673
IX-24 Other expenses (24a–d)Programs $124,394$124,394
IX-24e All other expensesPrograms $20,018 · Management $1,908$21,926
IX-25 Total functional expensesPrograms $730,010 · Management $236,761 · Fundraising $0$966,771
Part X · Balance sheet $2,947,721 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $274,792$341,142
X-2 Savings and temporary cash investments$2,606,032
X-4 Accounts receivableStart of year −$25,477$547
X-16 Total assetsStart of year $332,238$2,947,721
X-17 Accounts payable and accrued expensesStart of year $13,749$17,549
X-19 Deferred revenueStart of year $284,064$246,967
X-24 Unsecured notes and loans payable$154,314
X-25 Other liabilitiesStart of year $60,571$18,814
X-26 Total liabilitiesStart of year $358,384$437,644
X-27 Net assets without donor restrictionsStart of year −$26,146$2,510,077
X-32 Total net assets or fund balancesStart of year −$26,146$2,510,077
X-33 Total liabilities and net assetsStart of year $332,238$2,947,721
Part XI · Reconciliation of net assets $2,510,077 net assets at year end
XI-1 Total revenue$3,502,994
XI-2 Total expenses$966,771
XI-3 Revenue less expenses$2,536,223
XI-4 Net assets at start of year−$26,146
XI-10 Net assets at end of year$2,510,077

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.

Featured nonprofit jobs

All nonprofit jobs → · Hiring? Post a job →