Southfield School INC EIN 72-0439760

Southfield School INC

EIN  72-0439760 Public charity (501(c)(3)) Shreveport, LA Founded 1934
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/17/26 · see original filing: IRS
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Size
$1–10M
What they do
Educates children preschool through eighth grade, fostering a lifelong love of learning.
Leadership
Sunny Huckaby · Head of Scho · $160K
Money in and out
$6.0M revenue, $6.0M expenses
Bottom line
84% program efficiency

Educates children preschool through eighth grade, fostering a lifelong love of learning. For fiscal year 2024 it reported $6.0M in revenue, $6.0M in expenses, and $-500K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$6.0M
Pt VIII · Ln 12
Total expenses
$6.0M
Pt IX · Ln 25
Net assets
$-500K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $22K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.16
Program efficiency
84%
of spending reaches programs▲ +7% vs prior filing year
Operating runway
4.8mo
months of highly liquid reserves at operating expense rate▲ +66% vs prior filing year
Surplus margin
0%
revenue over expenses, this year▲ +225% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$6.0M
FY2024▼ -16%
Expenses
$6.0M
FY2024▼ -17%
Total assets
$2.8M
FY2024▲ +28%
Total liabilities
$3.3M
FY2024▲ +81%
Total revenue
$6.0M
Pt VIII · Ln 12
Total expenses
$6.0M
Pt IX · Ln 25
Net assets
$-500K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$22K
Total assetsPt X · Ln 16$2.8M
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418
Mission & Programs · Part III

Where the work happens

1 program service account for $5.0M of program spending, described in the organization's own filed words · FY2024.
01

Prepatory school for preschool through 8TH grade.

$5.0Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSouthfield School INC
EINHdr · item D72-0439760
Principal addressHdr · item CShreveport, LA
WebsiteHdr · item Jwww.southfield-school.org
Year of formationHdr · item L1934
State of legal domicileHdr · item MLA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B25Z)
Ruling yearIRS BMFDec 1946

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a18
Independent voting membersPt VI · Ln 1b18
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Head of Scho
$160,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Sunny Huckaby’s $160K as Head of Scho is at the 69th percentile of top reported officer pay among 3393 $1–10M 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 · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2021FY2020
Justin Smith$189,328$178,753
Sunny Huckaby$160,000$160,000$157,325

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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Statement of Revenue

Part VIII
Program service revenue$5.4M · 90%
Contributions & grants$497K · 8%
Investment income$33K · 1%
Other revenue$71K · 1%
Program service revenue90%$5.4M
Contributions & grants8%$497K
Investment income1%$33K
Other revenue1%$71K
Total revenueLn 12$6.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.16
Program services84%$5.0M
Management & general16%$975K
Total functional expensesLn 25$6.0M

Balance Sheet

Part X · end of year
CashLn 1$2.4M
Total assetsLn 16$2.8M
Total liabilitiesLn 26$3.3M
Total net assetsLn 32$-500K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.4M · Operating expenses (Pt IX) $6.0M · Less non-cash grants $32K · Cash operating expenses/yr $6.0M
4.8 months
Where the money goes
Program services
Program services $5.0M · Total expenses $6.0M
84%
Management & General
Management & general $975K · Total expenses $6.0M
16%
Fundraising
Fundraising $0 · Total expenses $6.0M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $712K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $497K · Total revenue $6.0M
8%
Government reliance
Government grants — · Total revenue $6.0M
Earned-income share
Program service revenue $5.4M · Total revenue $6.0M
90%
Investment reliance
Investment income $33K · Total revenue $6.0M
+1%
Program self-sufficiency
Program service revenue $5.4M · Total expenses $6.0M
90%
Growth & trend
Revenue growth (YoY)
This year $6.0M · Prior year $7.2M
-16%
Revenue CAGR
FY2019 $6.2M · FY2024 $6.0M
-1%
Net-asset trend (YoY)
End of year $-500K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $6.0M · Expenses $6.0M
0%
Liabilities-to-Assets
Total liabilities — · Total assets $2.8M
Net-asset ratio
Net assets $-500K · Total assets $2.8M
-18%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.8M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sunny Huckaby · Reported title HEAD OF SCHO · Highest reported compensation $160K · Total expenses $6.0M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $4.3M · Total expenses $6.0M
71%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 16%
Revenue growth -16%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
WhitewaterFY2025$2K
Total grants receivedfrom 1 funder$2K
Grants paid · 5 grants · $5.9M · 2019–2023
Unitemized GrantFY2023$1,339,711
Unitemized GrantFY2022$1,323,145
Unitemized GrantFY2021$1,298,779
Unitemized GrantFY2020$995,022
Southfield School FoundationLA · FY2019$962,464

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$7.2M revenue · ⤓ 990 PDF
FY2023$7.0M revenue · ⤓ 990 PDF
FY2022$6.9M revenue · ⤓ 990 PDF
FY2021$6.0M revenue · ⤓ 990 PDF
FY2020$6.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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