Japhet School Incorporated FY2019 filing

Tax-deductible

Clawson, MI501(c)(3)Since 1975EducationEIN 38-2118393Revenue $874K in FY2019

On file with the IRSjaphetschool.org839 S Crooks Rd, 48017-1883 · Clawson, MITax-exempt since May 1976School — 170(b)(1)(A)(ii)

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Japhet School is an independent School accredited by independent schools association of central states, educating students in preschool through 8th grade, with a low student-to-teacher ratio. Integrated with academics is an award-winning character curriculum.

501(c)(3) charity; gifts are tax-deductible.
54¢ of each $1 spent went to programs.
$74K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2019 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $81K a year · 8% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
54%
of spending
Worth a look: 54% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$74K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$629K
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$874K
Spent
$855K
To programs
54%
Net assets
$2.5M
By yearFY2019–FY2024
Revenue
$874K
FY2019
Tap a bar for its year
Revenue by fiscal year
FY2019$874K
FY2020$849K
FY2021$1.1M
FY2022$881K
FY2023$1.5M
FY2024$949K
FY2024$920K
Expenses
$855K
FY2019
Tap a bar for its year
Expenses by fiscal year
FY2019$855K
FY2020$964K
FY2021$910K
FY2022$897K
FY2023$985K
FY2024$1.1M
FY2024$1.1M
Net assets
$2.5M
FY2019
Tap a bar for its year
Net assets by fiscal year
FY2019$2.5M
FY2020$2.3M
FY2021$2.6M
FY2022$2.5M
FY2023$3.0M
FY2024$2.8M
FY2024$2.7M

From the FY2019 Form 990 (year ending August 2019) · figures checked against the IRS filing · see the original

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You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1976.

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

Where the money goes

54 cents of each dollar spent went to programs.

Program services 54% · $458K Management & general 46% · $398K

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

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Who runs it and what they're paid

12 people listed on the 990; $74K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2018); the FY2019 filing did not itemize Part VII
Head of School
$73,500Pt VII · Sec A
Treasurertrustee
$0Pt VII · Sec A
Vice Presidenttrustee
$0Pt VII · Sec A
Secretarytrustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kerri Vizena’s $95K as Head of School is at the 81st percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Kerri Vizena$95,481$92,700$87,000$85,250$77,800$78,500

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.

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Educates preschool through 8th grade students with a character curriculum and low student-teacher ratio.

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Provided by the organization

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1 program · $458K · in their own filed words · FY2018
01

Japhet school provides schooling for pre-school through 8TH grade, childcare, and special enrichment and summer programs.

$458Kprogram 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 · FY2024
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2019 990, line by line.

1The main four
Money inPt VIII
$874K
Ln 12
Fees for servicesLn 2g$513K
Gifts and grantsLn 1h$306K
Investment incomeLn 3$27K
Money outPt IX
$855K
Ln 25
Programscol B$458K
Managementcol C$398K
Owns and owesPt X
$2.5M
net assets · Ln 32
Cash and savingsLn 1–2$169K
Total assetsLn 16$3.1M
LiabilitiesLn 26$629K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$306K
Fees for servicesLn 2g$513K
Investment incomeLn 3$27K
Other incomeLn 4–11$27K
Total revenueLn 12$874K
Assets in detailPt X, end of year
SavingsLn 2$169K
Cash and savings togetherLn 1–2$169K
InvestmentsLn 11–13$1.4M
Land, buildings, equipmentLn 10c$1.5M
Total assetsLn 16$3.1M
LiabilitiesLn 26$629K
Net assetsLn 32$2.5M
OperationsPt I, VI
EmployeesI 525
VolunteersI 625
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY19End FY19
Cash and savingsLn 1–2$36K$169K
InvestmentsLn 11–13$1.4M$1.4M
Land, buildings, equipmentLn 10c$1.5M$1.5M
Total assetsLn 16$3.1M$3.1M
LiabilitiesLn 26$691K$629K
Net assetsLn 32$2.4M$2.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$550K$335K$216K
Pension plan contributionsLn 8$7K$4K$3K
Payroll taxesLn 10$43K$26K$17K
Accounting feesLn 11c$4K$4K
Investment management feesLn 11f$5$5
Other fees for servicesLn 11g$2K$2K
Advertising and promotionLn 12$30K$30K
Office expensesLn 13$8K$8K
OccupancyLn 16$48K$48K
InterestLn 20$22K$22K
Depreciation, depletion and amortizationLn 22$43K$43K$391
InsuranceLn 23$13K$13K
Other expenses (24a–d)Ln 24$26K$26K
All other expensesLn 24e$59K$50K$9K
Total functional expensesLn 25$855K$458K$398K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $949K$1.1M−$136K$2.8M 990 PDF
FY2023 $1.5M$985K$504K$3.0M 990 PDF
FY2022 $881K$897K−$15K$2.5M 990 PDF
FY2021 $1.1M$910K$230K$2.6M 990 PDF
FY2020 $849K$964K−$115K$2.3M 990 PDF
FY2019 Viewing $874K$855K$19K$2.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2019 990 (6 parts)
Part I · Summary $873,954 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $486,290$306,405
I-9 Program service revenuePrior year $672,123$513,361
I-10 Investment income$27,408
I-11 Other revenuePrior year $11,918$26,780
I-12 Total revenuePrior year $1,170,331$873,954
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $611,427$599,628
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $268,644$255,778
I-18 Total expensesPrior year $880,071$855,406
I-19 Revenue less expensesPrior year $290,260$18,548
Part VI · Governance 11 of 11 board members independent, 2 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $873,954 across 7 lines filed
VIII-1f All other contributions, gifts and grants$306,405
VIII-1h Total contributions, gifts and grants$306,405
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $513,361$513,361
VIII-3 Investment incomeRelated to mission $27,408$27,408
VIII-8 Net income from fundraising eventsExcluded from tax −$323−$323
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $27,103$27,103
VIII-12 Total revenueRelated to mission $567,872 · Unrelated business $0 · Excluded from tax −$323$873,954
Part IX · Statement of functional expenses $855,406 across 14 lines filed
IX-7 Other salaries and wagesPrograms $334,503 · Management $215,682$550,185
IX-8 Pension plan contributionsPrograms $4,039 · Management $2,605$6,644
IX-10 Payroll taxesPrograms $26,021 · Management $16,778$42,799
IX-11c Accounting feesManagement $3,750$3,750
IX-11f Investment management feesManagement $5$5
IX-11g Other fees for servicesManagement $2,341$2,341
IX-12 Advertising and promotionManagement $30,193$30,193
IX-13 Office expensesManagement $8,199$8,199
IX-16 OccupancyManagement $47,744$47,744
IX-20 InterestManagement $22,073$22,073
IX-22 Depreciation, depletion and amortizationPrograms $43,097 · Management $391$43,488
IX-23 InsuranceManagement $13,074$13,074
IX-24 Other expenses (24a–d)Management $26,218$26,218
IX-24e All other expensesPrograms $50,072 · Management $8,621$58,693
IX-25 Total functional expensesPrograms $457,732 · Management $397,674 · Fundraising $0$855,406
Part X · Balance sheet $3,091,097 assets, 10 lines filed
X-2 Savings and temporary cash investmentsStart of year $36,100$168,998
X-4 Accounts receivable$29,605
X-10c Land, buildings and equipment, netStart of year $1,469,705$1,453,560
X-11 Publicly traded securitiesStart of year $1,437,943$1,438,934
X-16 Total assetsStart of year $3,135,171$3,091,097
X-17 Accounts payable and accrued expensesStart of year $137$1,394
X-19 Deferred revenueStart of year $184,330$170,451
X-26 Total liabilitiesStart of year $691,414$628,792
X-32 Total net assets or fund balancesStart of year $2,443,757$2,462,305
X-33 Total liabilities and net assetsStart of year $3,135,171$3,091,097
Part XI · Reconciliation of net assets $2,462,305 net assets at year end
XI-1 Total revenue$873,954
XI-2 Total expenses$855,406
XI-3 Revenue less expenses$18,548
XI-4 Net assets at start of year$2,443,757
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,462,305

Form 990 e-file (XML) FY2019 from the IRS · Classification, formation year and address from the IRS Business Master File

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