Silliman Institute Inc
- Assets
- $2.9m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 99
- Location
- Clinton, LA
- Founding
- 06/2014
- Data as of
- 06/2022
- EIN
- 72-0644546
Organization Overview
Silliman Institute Inc is located in Clinton, LA. The organization was established in 2014. 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, Silliman Institute Inc employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silliman Institute Inc 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, Silliman Institute Inc generated $3.9m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $3.4m during the year ending 06/2022. While expenses have increased by 2.9% per year over the past 4 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
THIS ORGANIZATION OPERATES A SCHOOL PROVIDING QUALITY EDUCATION FOR GRADES PRE-K THROUGH 12TH GRADE. THE PRIMARY FOCUS IS TO PROVIDE A COLLEGE PREPARATORY CURRICULUM ALSO INCLUDES EXTRACURRICULAR OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES EDUCATION TO STUDENTS IN THE FORM OF CLASSROOM INSTRUCTION AND LABS GEARED TOWARDS EQUIPPING STUDENTS WITH THE NECESSARY BACKGROUND TO CONTINUE WITH POST-SECONDARY EDUCATION AFTER HIGH SCHOOL GRADUATION. CLASSROOM INSTRUCTION IS PROVIDED FOLLOWING A NORMAL SCHOOL DAY CONSISTING OF SEVEN CLASS PERIODS. THE SCHOOL YEAR FALLS WITHIN THE NORMAL PATTERN FOLLOWED BY SCHOOLS WITHIN THE REGION, BEGINNING IN AUGUST, AND ENDING IN MAY. SCHOOL BEGINS AT 800AM AND ENDS AT 310PM. THE CURRICULUM PROVIDED FOLLOWS THE REQUIRED COURSES OF INSTRUCTION AS SET FORTH BY THE STATE OF LOUISIANA, DEPARTMENT OF EDUCATION. ADDITIONAL HONORS COURSES ARE OFFERED, AS WELL. THE SCHOOL PROVIDES OPPORTUNITIES FOR UPPERCLASSMEN TO OBTAIN COLLEGE CREDIT BY OFFERING DUAL-ENROLLMENT CLASSES IN ENGLISH AND MATHEMATICS. AS PART OF PROVIDING A WELL-ROUNDED EDUCATION, THE SCHOOL OFFERS SPORTS PROGRAMS, SUCH AS FOOTBALL, BASKETBALL, BASEBALL, SOFTBALL, TRACK, GOLF AND TENNIS. CHEERLEADING AND DANCE TEAM ACTIVITIES ARE ALSO OFFERED.
THE ORGANIZATION PROVIDES AFTER SCHOOL CARE FOR STUDENTS WHO EITHER ARE UNABLE TO RIDE THE SCHOOL BUS OR THEIR PARENTS ARE UNABLE TO PICK THEM UP WHEN THE REGULAR SCHOOL DAY ENDS. THIS SERVICE IS ANCILLARY TO THE MAIN PURPOSE OF THE ORGANIZATION PROVIDING EDUCATION TO THE STUDENTS. THE DAYS THE CARE IS PROVIDED FOLLOWS THE REGULAR SCHOOL CALENDAR. THE TIME PERIOD EACH DAY NORMALLY RUNS FROM 310 UNTIL 530.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tal Priest Director | Trustee | 1 | $0 |
Kaley Hill President | OfficerTrustee | 2 | $0 |
Christi Hunt Director | Trustee | 1 | $0 |
Dj Atkinson Vice President | OfficerTrustee | 2 | $0 |
Chad Fontenot Treasurer | Trustee | 1 | $0 |
Rim Schmidt Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $413,668 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $413,668 |
| Total Program Service Revenue | $3,443,691 |
| Investment income | $547 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,857,906 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,906,272 |
| Pension plan accruals and contributions | $13,460 |
| Other employee benefits | $59,736 |
| Payroll taxes | $141,571 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,887 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,950 |
| Office expenses | $35,465 |
| Information technology | $683 |
| Royalties | $0 |
| Occupancy | $331,251 |
| Travel | $4,066 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,103 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,952 |
| Insurance | $49,621 |
| All other expenses | $719,874 |
| Total functional expenses | $3,359,891 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,106,783 |
| Savings and temporary cash investments | $61,650 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,177 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $959,047 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $799,749 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,930,406 |
| Accounts payable and accrued expenses | $2,846 |
| Grants payable | $0 |
| Deferred revenue | $160,156 |
| 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 | $149,900 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $42,041 |
| Total liabilities | $354,943 |
| Net assets without donor restrictions | $2,575,463 |
| Net assets with donor restrictions | $0 |
| 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 | $2,930,406 |