ILM ACADEMY INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: ILM ACADEMY INC (EIN 80-0200534)
Tax period: 2012-08-01 to 2013-07-31
Filed: 2014-01-31
IRS object ID: 201440319349300419
Schema version: 2012v2.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-01-31T10:27:37-08:00	Timestamp
Tax Period End Date	2013-07-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JW LLOP CPA PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	180 ALLEN ROAD NE SUITE 207 N	AddressLine1
City	SANDY SPRINGS	City
State	GA	State
ZIP Code	30328	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-08-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	800200534	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ILM ACADEMY INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ILMA	NameControl
Phone	6786241157	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1200 GRIMES BRIDGE ROAD	AddressLine1
City	ROSWELL	City
State	GA	State
ZIP Code	30075	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	SHAFIQ HOSSAIN	Name
Title	BOARD SECRETARY	Title
Phone	6786241157	Phone
Date Signed	2013-12-10	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	JWLLOP CPAPC	Name
Phone	4049172700	Phone
Date Prepared	2014-01-31	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	X	AddressChange
Name Of Principal Officer Person	SHAFIQ HOSSAIN	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1200 GRIMES BRIDGE ROAD	AddressLine1
City	ROSWELL	City
State	GA	State
ZIP Code	30075	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	1507581	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	ilm-academy.com	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2008	YearFormation
State Legal Domicile	GA	StateLegalDomicile
Activity Or Mission Description	ILM ACADEMY OFFERS EDUCATIONAL SERVICES TO STUDENT FROM PRE-KINDERGARTEN THROUGH FOURTH GRADE	ActivityOrMissionDescription
Nbr Voting Members Governing Body	5	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	5	NbrIndependentVotingMembers
Total Nbr Employees	23	TotalNbrEmployees
Total Nbr Volunteers	10	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	36312	ContributionsGrantsPriorYear
Contributions Grants Current Year	668845	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	686935	ProgramServiceRevenuePriorYear
Program Service Revenue CY	838736	ProgramServiceRevenueCY
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Prior Year	955	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	724202	TotalRevenuePriorYear
Total Revenue Current Year	1507581	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	431140	SalariesEtcPriorYear
Salaries Etc Current Year	449438	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	15192	TotalFundrsngExpCurrentYear
Other Expense Prior Year	283165	OtherExpensePriorYear
Other Expenses Current Year	322705	OtherExpensesCurrentYear
Total Expenses Prior Year	714305	TotalExpensesPriorYear
Total Expenses Current Year	772143	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	9897	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	735438	RevenuesLessExpensesCY
Total Assets BOY	201402	TotalAssetsBOY
Total Assets EOY	1535431	TotalAssetsEOY
Total Liabilities BOY	199115	TotalLiabilitiesBOY
Total Liabilities EOY	797706	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	2287	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	737725	NetAssetsOrFundBalancesEOY
Mission Description	ILM ACADEMY OFFERS EDUCATIONAL SERVICES	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	680434	Expense
Revenue	838736	Revenue
Description	ILM ACADEMY PROVIDES RELIGIOUS BASED EDUCATIONAL SERVICES TO CHILDREN IN THE METROPOLITAN ATLANTA, GEORGIA AREA. ILM FOCUSES ON TEACHING ACADEMICS, SPECIALIZING IN THE SUBJECTS OF MATHEMATICS, SCIENCE, AND ARABIC STUDIES. ILM PROVIDES SERVICES FOR CHILDREN PRE-KINDERGARTEN THROUGH FOURTH GRADE.	Description
Total Program Service Expense	680434	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	23	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	5	NbrVotingGoverningBodyMembers
Number Independent Voting Members	5	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	SHAFIQ HOSSAIN	NamePerson
Telephone Number	6786241157	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1200 GRIMES BRIDGE ROAD	AddressLine1
City	ROSWELL	City
State	GA	State
ZIP Code	30075	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (5 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
SHAFIQ HOSSAIN
SECRETARY	6.00	X	X	0	0	0
REZA RIZVI
DIRECTOR	4.00	X	X	0	0	0
DIRECTOR
BOARD MEMBER	4.00	X	X	0	0	0
AHMED KHAN
DIRECTOR	4.00	X	X	0	0	0
IMARN BALKHI
DIRECTOR	4.00	X	X	0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	668845	AllOtherContributions
Total Contributions	668845	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	TUITION & FEES	Description
Business Code	611110	BusinessCode
Total Revenue Column	838736	TotalRevenueColumn

Field	Value	IRS element (for citing)
Total Program Service Revenue	838736	TotalProgramServiceRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1507581	TotalRevenueColumn
Related Or Exempt Function Income	838736	RelatedOrExemptFunctionIncome

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	409908	Total
Program Services	403755	ProgramServices
Management And General	6153	ManagementAndGeneral
Fundraising	0	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	39530	Total
Program Services	38937	ProgramServices
Management And General	593	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	513	Total
Program Services	0	ProgramServices
Management And General	513	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	100	Total
Program Services	0	ProgramServices
Management And General	100	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	12960	Total
Program Services	0	ProgramServices
Management And General	12960	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	5412	Total
Program Services	0	ProgramServices
Management And General	5412	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	29770	Total
Program Services	5742	ProgramServices
Management And General	23357	ManagementAndGeneral
Fundraising	671	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	33338	Total
Program Services	14696	ProgramServices
Management And General	6423	ManagementAndGeneral
Fundraising	12219	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	38164	Total
Program Services	24867	ProgramServices
Management And General	12159	ManagementAndGeneral
Fundraising	1138	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	115119	Total
Program Services	107225	ProgramServices
Management And General	6757	ManagementAndGeneral
Fundraising	1137	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	16228	Total
Program Services	15709	ProgramServices
Management And General	519	ManagementAndGeneral
Fundraising	0	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	14211	Total
Program Services	12790	ProgramServices
Management And General	1421	ManagementAndGeneral
Fundraising	0	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	2116	Total
Program Services	1989	ProgramServices
Management And General	127	ManagementAndGeneral
Fundraising	0	Fundraising

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
PROGRAM/CURRICULUM SUPPLIES	51721	51711	10	0
COMMUNICATION EXPENSE	53	13	13	27
BAD DEBT EXPENSE	3000	3000	0	0

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	772143	Total
Program Services	680434	ProgramServices
Management And General	76517	ManagementAndGeneral
Fundraising	15192	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	116935	BOY
EOY	132818	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	34520	BOY
EOY	37049	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
EOY	1550	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	23725	BOY
EOY	27186	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1359473	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	22645	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	26222	BOY
EOY	1336828	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	201402	BOY
EOY	1535431	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	10310	BOY
EOY	5956	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	188805	BOY
EOY	151750	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
EOY	390000	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
EOY	250000	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	199115	BOY
EOY	797706	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	2287	BOY
EOY	737725	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2287	BOY
EOY	737725	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	201402	BOY
EOY	1535431	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	735438	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii
Public Support Total170	0	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Public Support Pertcentage170	0	PublicSupportPertcentage170
Public Support Total509	0	PublicSupportTotal509
Public Support Percentage509	0	PublicSupportPercentage509
Investment Income Percentage	0	InvestmentIncomePercentage

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	397500	InvestmentCostOrOtherBasis
Book Value	397500	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	924609	InvestmentCostOrOtherBasis
Book Value	924609	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	37364	InvestmentCostOrOtherBasis
Book Value	37364	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1359473	TotalOfBookValueLandBuildings
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	1504581	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	1504581	RevenueSubtotal
Other Revenues Not Included	3000	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	3000	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	1507581	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	769143	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	769143	ExpensesSubtotal
Other Expenses Not Included	3000	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	3000	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	772143	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (7 entries)

IdentifierIdentifier	ExplanationExplanation
Pt X Line 2	FOOTNOTE TO FINANCIAL STATEMENTS ADDRESSING ASC TOPIC 740:
	"IN ACCORDANCE WITH ASC TOPIC 740,INCOME TAXES, ILM IS REQUIRED TO RECOGNIZE THE FINANCIAL STATMENT EFFECT OF CERTAIN TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE UPHELD UPON EXAMINATION BY THE TAXING AUTHORITY. ILM EVALUATES ON AN ANNUAL BASIS ITS TAX POSITIONS TAKEN IN PREVIOUSLY FILED INFORMATION RETURNS AND AS REFLECTED IN ITS FINANCIAL STATEMENTS WITH REGARD TO ISSUES AFFECTING ITS TAX EXEMPT STATUS, UNRELATED
	BUSINESS INCOME AND OTHER MATTERS AND ADDRESSES ANY UNCERTAINTIES AS THEY ARISE. INFORMATION RETURNS FOR ILM ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES."
Pt XI Line 4b	FOR FINANCIAL STATEMENT PRESENTATION BAD DEBT EXPENSE NETTED
	AGAINST REVENUE; FOR FORM 990 REVENUE SHOWN GROSS
Pt XII Line 4b	FOR FORM 990 BAD DEBT EXPENSE SHOWN AS PART OF FUNCTIONAL EXPENSE;
	FOR FINANCIAL STATEMENT PRESENTATION NETTED AGAINST REVENUE

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	false	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	false	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	ExplanationExplanation
Line 3	SEE PART II BELOW ILM CUSTIMARILY DRAWS STUDENTS FROM LOCAL COMMUNITIES AND
Line 4d	ILM INCLUDES AN OPTIONAL QUESTION OF RACE ON STUDENT APPLICATIONS. THIS IS NOT REQUIRED INFORMATION AND IS NOT REQUIRED FOR FACULTY OR STAFF TO DISCLOSE RACE OR ETHINIC BACKGROUND.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (16 entries)

IdentifierIdentifier	ExplanationExplanation
Pt VI, Line 11b	THE FORM 990 WAS REVIEWED BY THE TREASURER OF THE BOARD
	OF DIRECTORS BEFORE FILING AND IS MADE AVAILABLE TO ALL MEMBERS.
Pt VI, Line 12c	ALL BOARD MEMBERS REVIEW THE CONFLICT OF INTEREST POLICY
	ON AN ANNUAL BASIS AND OFFICERS' PERSONAL KNOWLEDGE OF
	BOARD MEMBERS' ACTIVITIES ARE RELIED UPON TO MONITOR ADHERENCE
	TO THE POLICY. THE POLICY REQUIRES THAT AN ACTUAL OR POTENTIAL
	CONFLICT OF INTEREST BE REPORTED IN WRITING TO THE BOARD OF DIRECTORS
	OR RELEVANT COMMITTEE WHENEVER A CONFLICT DOES OR MAY EXIST.
Pt VI, Line 15a	THE PRINCIPAL'S COMPENSATION IS REVIEWED BY THE INDEPENDENT
	BOARD OF DIRECTORS ON AN ANNUAL BASIS. THE SALARY IS BASED ON
	INFOMATION OBTAINED FOR SIMILAR POSITIONS IN OTHER PRIVATE SCHOOLS
	OF COMPARABLE SIZE AND GEOGRAPHIC LOCATION. BOARD OF DIRECTORS'
	OFFICERS DO NOT RECEIVE COMPENSATION, NOR DO BOARD MEMBERS.
	THERE ARE NO KEY EMPLOYEES AS DEFINED FOR FORM 990.
Pt VI, Line 19	THE ORGANIZATION'S DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
Pt VI, Line 15b	SEE PT. VI, LINE 15A NOTE ABOVE.