Pike School Corp
- Assets
- $5.1m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 113
- Location
- Mccomb, MS
- Founding
- 12/2000
- Data as of
- 06/2022
- EIN
- 64-0503063
Organization Overview
Pike School Corp is located in Mccomb, MS. The organization was established in 2000. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Pike School Corp employed 113 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pike School Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Pike School Corp generated $5.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $5.2m during the year ending 06/2022. While expenses have increased by 2.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PARKLANE ACADEMY, A PARENT-GOVERNED, COLLEGE PREPERATORY SCHOOL, EXISTS TO CHALLENGE YOUNG CHRISTIAN MEN AND WOMEN TO LOVE OTHERS AS THEMSELVES AND TO GROW IN KNOWLEDGE AND SKILL IN ORDER THAT THEY MAY SERVE OTHERS THROUGH THEIR CHARACTER AND LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OPERATION OF A SCHOOL KNOWN AS PARKLANE ACADEMY PROVIDING EDUCATION FOR STUDENTS FROM KINDERGARTEN THROUGH HIGH SCHOOL, ALONG WITH RELATED ACTIVITIES SUCH AS ATHLETICS AND MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Henderson Administrato | Officer | 40 | $156,269 |
Russ Carruth Secretary | OfficerTrustee | 5 | $0 |
John Dale Dumas President | OfficerTrustee | 5 | $0 |
Holly Turnage Vice Preside | OfficerTrustee | 5 | $0 |
Sara Hemphill Director | Trustee | 5 | $0 |
Joe Kyzar Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $52,300 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $297,538 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,076 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $434,914 |
| Total Program Service Revenue | $4,513,000 |
| Investment income | $6,959 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $85,864 |
| Net Income from Fundraising Events | $77,873 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,948,949 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $156,269 |
| Compensation of current officers, directors, key employees. | $156,269 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,817,027 |
| Pension plan accruals and contributions | $31,454 |
| Other employee benefits | $83,811 |
| Payroll taxes | $216,642 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,841 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,064 |
| Fees for services: Other | $0 |
| Advertising and promotion | $882 |
| Office expenses | $0 |
| Information technology | $117,058 |
| Royalties | $0 |
| Occupancy | $277,690 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,428 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $286,866 |
| Insurance | $67,181 |
| All other expenses | $3,191 |
| Total functional expenses | $5,175,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,999,708 |
| Savings and temporary cash investments | $51,675 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,276 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $22,892 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $37,957 |
| Net Land, buildings, and equipment | $2,691,422 |
| Investments—publicly traded securities | $251,957 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $5,088,888 |
| Accounts payable and accrued expenses | $330,023 |
| Grants payable | $0 |
| Deferred revenue | $509,097 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $553,166 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $88,703 |
| Total liabilities | $1,480,989 |
| Net assets without donor restrictions | $3,502,503 |
| Net assets with donor restrictions | $105,396 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,088,888 |
Endowment Analysis
| Beg. Balance | $85,374 |
| Ending Balance | $85,374 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Delta Inc Helena, AR | $23,299,418 | $20,055,239 |
Baton Rouge Christian Education Foundation Inc Baton Rouge, LA | $25,217,556 | $20,900,810 |
Pulaski Academy Little Rock, AR | $31,968,373 | $17,811,246 |
Episcopal Collegiate School Little Rock, AR | $113,498,551 | $17,410,081 |
Capstone Education Group Inc Memphis, TN | $24,521,664 | $20,250,688 |
Republic Schools Inc Jackson, MS | $19,525,941 | $20,988,573 |
St Pauls Episcopal School Mobile, AL | $26,189,566 | $16,422,172 |
Shreveport Charter Foundation Inc Shreveport, LA | $22,797,736 | $14,507,579 |
The International School Of Louisiana New Orleans, LA | $15,914,115 | $15,973,861 |
Louise S Mcgehee School New Orleans, LA | $27,422,961 | $15,252,868 |
Evangelical Christian School Of Memphis Inc Cordova, TN | $33,174,232 | $18,631,560 |
Alabama Educational Foundation And Indian Springs School A Corporatio Indian Springs, AL | $39,755,713 | $15,139,457 |