Southfield School INC FY2020 filing

Tax-deductible

Shreveport, LA501(c)(3)Since 1934EducationEIN 72-0439760Revenue $6.2M in FY2020

On file with the IRSsouthfield-school.org1100 Southfield Rd, 71106-1722 · Shreveport, LATax-exempt since Dec 1946School — 170(b)(1)(A)(ii)

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Southfield School is a private, independent, coeducational day School for students in preschool through grade eight. The mission of Southfield School is to develop a lifelong love of learning.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$179K 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

FY2020 · 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
5 of 6
filings with a surplus
Average surplus $357K a year · 5% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$179K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.1M
207% of total assets
Concern: liabilities are 207% of assets; over 80%.
Pt X · Ln 26
Independent board members
23
of 23 voting members
Looks good: 23 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.2M
Spent
$5.6M
To programs
76%
Net assets
−$1.1M
By yearFY2020–FY2025
Revenue
$6.2M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$6.2M
FY2021$6.0M
FY2022$6.9M
FY2023$7.0M
FY2024$7.2M
FY2025$6.0M
Expenses
$5.6M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$5.6M
FY2021$5.3M
FY2022$6.4M
FY2023$6.8M
FY2024$7.2M
FY2025$6.0M
Net assets
−$1.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$1.1M
FY2021−$361K
FY2022$170K
FY2023$386K
FY2024$365K
FY2025−$500K

From the FY2020 Form 990 (year ending June 2020) · 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 Dec 1946.

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% · $4.2M Management & general 24% · $1.4M

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

24 people listed on the 990; $179K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Headmaster
$178,753Pt VII · Sec A
VP & Treasur
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$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 3395 $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

NameFY2025FY2024FY2023FY2021FY2020
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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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

Programs and updates

Educates children preschool through eighth grade, fostering a lifelong love of learning.

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Provided by the organization

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1 program · $4.2M · in their own filed words · FY2019
01

Preparatory school for preschool through 8 grade

$4.2Mprogram expense

Funders

Who pays for it.

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

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

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$6.2M
Ln 12
Fees for servicesLn 2g$4.9M
Other incomeLn 4–11$739K
Gifts and grantsLn 1h$625K
Money outPt IX
$5.6M
Ln 25
Programscol B$4.2M
Managementcol C$1.4M
Owns and owesPt X
−$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$508K
Total assetsLn 16$1.0M
LiabilitiesLn 26$2.1M
PeoplePt VI, VII
24
listed · VII A
PaidVII A1
Voting boardVI 1a23
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$625K
Fees for servicesLn 2g$4.9M
Other incomeLn 4–11$739K
Total revenueLn 12$6.2M
Assets in detailPt X, end of year
CashLn 1$508K
Cash and savings togetherLn 1–2$508K
Land, buildings, equipmentLn 10c$56K
Total assetsLn 16$1.0M
LiabilitiesLn 26$2.1M
Net assetsLn 32−$1.1M
OperationsPt I, VI
EmployeesI 5100
VolunteersI 640
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$33K$508K
Land, buildings, equipmentLn 10c$62K$56K
Total assetsLn 16$555K$1.0M
LiabilitiesLn 26$2.3M$2.1M
Net assetsLn 32−$1.8M−$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$962K$962K
Pay of current officers, directors and key staffLn 5$179K$89K$89K
Other salaries and wagesLn 7$2.7M$2.2M$538K
Payroll taxesLn 10$489K$391K$98K
OccupancyLn 16$178K$178K
InterestLn 20$48K$38K$10K
Depreciation, depletion and amortizationLn 22$8K$8K
Other expenses (24a–d)Ln 24$1.0M$394K$623K
All other expensesLn 24e$11K$4K$6K
Total functional expensesLn 25$5.6M$4.2M$1.4M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $6.0M$6.0M$22K−$500K 990 PDF
FY2024 $7.2M$7.2M−$21K$365K 990 PDF
FY2023 $7.0M$6.8M$216K$386K 990 PDF
FY2022 $6.9M$6.4M$531K$170K 990 PDF
FY2021 $6.0M$5.3M$744K−$361K 990 PDF
FY2020 Viewing $6.2M$5.6M$651K−$1.1M 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 FY2020 990 (6 parts)
Part I · Summary $6,232,583 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $576,478$625,375
I-9 Program service revenuePrior year $4,876,279$4,868,258
I-10 Investment income$0
I-11 Other revenuePrior year $71,338$738,950
I-12 Total revenuePrior year $5,524,095$6,232,583
I-13 Grants and similar amounts paidPrior year $1,191,099$962,464
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $3,518,820$3,358,102
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,436,510$1,261,144
I-18 Total expensesPrior year $6,146,429$5,581,710
I-19 Revenue less expensesPrior year −$622,334$650,873
Part VI · Governance 23 of 23 board members independent, 1 to look at
VI-1a Voting members of the governing body23
VI-1b Independent voting members23
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
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $6,232,583 across 6 lines filed
VIII-1d Related organizations$277,298
VIII-1f All other contributions, gifts and grants$348,077
VIII-1h Total contributions, gifts and grants$625,375
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,868,258$4,868,258
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $738,950$738,950
VIII-12 Total revenueRelated to mission $5,607,208$6,232,583
Part IX · Statement of functional expenses $5,581,710 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $962,464$962,464
IX-5 Pay of current officers, directors and key staffPrograms $89,376 · Management $89,377$178,753
IX-7 Other salaries and wagesPrograms $2,152,467 · Management $538,117$2,690,584
IX-10 Payroll taxesPrograms $391,012 · Management $97,753$488,765
IX-16 OccupancyPrograms $177,689$177,689
IX-20 InterestPrograms $37,856 · Management $10,277$48,133
IX-22 Depreciation, depletion and amortizationPrograms $7,548$7,548
IX-24 Other expenses (24a–d)Programs $393,597 · Management $623,483$1,017,080
IX-24e All other expensesPrograms $4,363 · Management $6,331$10,694
IX-25 Total functional expensesPrograms $4,216,372 · Management $1,365,338 · Fundraising $0$5,581,710
Part X · Balance sheet $1,033,172 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $33,025$508,191
X-4 Accounts receivableStart of year $447,176$462,227
X-9 Prepaid expenses and deferred chargesStart of year $12,279$7,061
X-10c Land, buildings and equipment, netStart of year $62,240$55,693
X-16 Total assetsStart of year $554,720$1,033,172
X-17 Accounts payable and accrued expensesStart of year $288,643$45,610
X-19 Deferred revenueStart of year $714,532$1,296,641
X-25 Other liabilitiesStart of year $1,306,525$795,028
X-26 Total liabilitiesStart of year $2,309,700$2,137,279
X-27 Net assets without donor restrictionsStart of year −$1,754,980−$1,104,107
X-32 Total net assets or fund balancesStart of year −$1,754,980−$1,104,107
X-33 Total liabilities and net assetsStart of year $554,720$1,033,172
Part XI · Reconciliation of net assets −$1,104,107 net assets at year end
XI-1 Total revenue$6,232,583
XI-2 Total expenses$5,581,710
XI-3 Revenue less expenses$650,873
XI-4 Net assets at start of year−$1,754,980
XI-10 Net assets at end of year−$1,104,107

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

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