Japhet School Incorporated FY2021 filing

Tax-deductible

Clawson, MI501(c)(3)Since 1975EducationEIN 38-2118393Revenue $1.1M in FY2021

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.
55¢ of each $1 spent went to programs.
$78K 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

FY2021 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 7
filings with a surplus
Average surplus $47K a year · 5% of revenue · last 7 filings
Worth a look: a surplus in 3 of the last 7 filings.
Pt I · Ln 19 · 7 filings
Spent on programs
55%
of spending
Worth a look: 55% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$78K
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: 1.7 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
$386K
13% of total assets
Looks good: liabilities are 13% 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
$1.1M
+34% vs prior year
Spent
$910K
To programs
55%
Net assets
$2.6M
By yearFY2019–FY2025
Revenue
$1.1M
FY2021▲ +34%
Tap a bar for its year
Revenue by fiscal year
FY2019$874K
FY2020$849K
FY2021$1.1M
FY2022$881K
FY2023$1.5M
FY2024$949K
FY2025$920K
Expenses
$910K
FY2021▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2019$855K
FY2020$964K
FY2021$910K
FY2022$897K
FY2023$985K
FY2024$1.1M
FY2025$1.1M
Net assets
$2.6M
FY2021▲ +10%
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
FY2025$2.7M

From the FY2021 Form 990 (year ending August 2021) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1976.

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

Where the money goes

55 cents of each dollar spent went to programs.

Program services 55% · $499K Management & general 44% · $398K Fundraising 1% · $13K

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; $78K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Head of School
$77,800Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurertrustee
$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

NameFY2025FY2024FY2023FY2022FY2021FY2020
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 · $499K · in their own filed words · FY2020
01

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

$499Kprogram 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 FY2021 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$494K
Fees for servicesLn 2g$351K
Investment incomeLn 3$253K
Money outPt IX
$910K
Ln 25
Programscol B$499K
Managementcol C$398K
Fundraisingcol D$13K
Owns and owesPt X
$2.6M
net assets · Ln 32
Cash and savingsLn 1–2$128K
Total assetsLn 16$3.0M
LiabilitiesLn 26$386K
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$494K
Fundraising eventsLn 1c$20K
Fees for servicesLn 2g$351K
Investment incomeLn 3$253K
Other incomeLn 4–11$42K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
SavingsLn 2$128K
Cash and savings togetherLn 1–2$128K
InvestmentsLn 11–13$1.5M
Land, buildings, equipmentLn 10c$1.4M
Total assetsLn 16$3.0M
LiabilitiesLn 26$386K
Net assetsLn 32$2.6M
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 FY21End FY21
Cash and savingsLn 1–2$181K$128K
InvestmentsLn 11–13$1.4M$1.5M
Land, buildings, equipmentLn 10c$1.4M$1.4M
Total assetsLn 16$3.0M$3.0M
LiabilitiesLn 26$639K$386K
Net assetsLn 32$2.3M$2.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$632K$384K$249K
Pension plan contributionsLn 8$9K$5K$3K
Payroll taxesLn 10$48K$29K$19K
Accounting feesLn 11c$6K$6K
Professional fundraising feesLn 11e$13K$13K
Advertising and promotionLn 12$18K$18K
Office expensesLn 13$16K$16K
OccupancyLn 16$35K$35K
InterestLn 20$11K$11K
Depreciation, depletion and amortizationLn 22$44K$43K$1K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$33K$33K
All other expensesLn 24e$40K$38K$2K
Total functional expensesLn 25$910K$499K$398K$13K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $920K$1.1M−$160K$2.7M 990 PDF
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 Viewing $1.1M$910K$230K$2.6M 990 PDF
FY2020 $849K$964K−$115K$2.3M 990 PDF
FY2019 $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 FY2021 990 (6 parts)
Part I · Summary $1,140,445 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $336,609$494,440
I-9 Program service revenuePrior year $448,523$351,212
I-10 Investment incomePrior year $49,059$252,501
I-11 Other revenuePrior year $14,846$42,292
I-12 Total revenuePrior year $849,037$1,140,445
I-13 Grants and similar amounts paidPrior year $20,000$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $663,391$689,198
I-16a Professional fundraising fees$12,800
I-17 Other expensesPrior year $280,417$208,492
I-18 Total expensesPrior year $963,808$910,490
I-19 Revenue less expensesPrior year −$114,771$229,955
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 $1,140,445 across 7 lines filed
VIII-1c Fundraising events$19,700
VIII-1f All other contributions, gifts and grants$474,740
VIII-1h Total contributions, gifts and grants$494,440
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $351,212$351,212
VIII-3 Investment incomeRelated to mission $252,501$252,501
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $42,292$42,292
VIII-12 Total revenueRelated to mission $646,005 · Unrelated business $0 · Excluded from tax $0$1,140,445
Part IX · Statement of functional expenses $910,490 across 13 lines filed
IX-7 Other salaries and wagesPrograms $383,784 · Management $248,625$632,409
IX-8 Pension plan contributionsPrograms $5,323 · Management $3,449$8,772
IX-10 Payroll taxesPrograms $29,040 · Management $18,977$48,017
IX-11c Accounting feesManagement $5,938$5,938
IX-11e Professional fundraising feesFundraising $12,800$12,800
IX-12 Advertising and promotionManagement $17,605$17,605
IX-13 Office expensesManagement $16,104$16,104
IX-16 OccupancyManagement $35,385$35,385
IX-20 InterestManagement $11,262$11,262
IX-22 Depreciation, depletion and amortizationPrograms $42,904 · Management $1,109$44,013
IX-23 InsuranceManagement $4,952$4,952
IX-24 Other expenses (24a–d)Management $33,195$33,195
IX-24e All other expensesPrograms $38,435 · Management $1,603$40,038
IX-25 Total functional expensesPrograms $499,486 · Management $398,204 · Fundraising $12,800$910,490
Part X · Balance sheet $2,965,866 assets, 11 lines filed
X-2 Savings and temporary cash investmentsStart of year $181,398$127,918
X-10c Land, buildings and equipment, netStart of year $1,424,197$1,381,193
X-11 Publicly traded securitiesStart of year $1,380,527$1,456,755
X-16 Total assetsStart of year $2,986,122$2,965,866
X-17 Accounts payable and accrued expensesStart of year $26,299$11,060
X-19 Deferred revenueStart of year $88,142$224,370
X-26 Total liabilitiesStart of year $638,588$386,376
X-27 Net assets without donor restrictionsStart of year $1,535,733$1,568,335
X-28 Net assets with donor restrictionsStart of year $811,801$1,011,155
X-32 Total net assets or fund balancesStart of year $2,347,534$2,579,490
X-33 Total liabilities and net assetsStart of year $2,986,122$2,965,866
Part XI · Reconciliation of net assets $2,579,490 net assets at year end
XI-1 Total revenue$1,140,445
XI-2 Total expenses$910,490
XI-3 Revenue less expenses$229,955
XI-4 Net assets at start of year$2,347,534
XI-8 Prior period adjustments$2,001
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,579,490

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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