Part VI. Section A. Governing Body and Management
“Line 2: the board of directors includes four married couples: mr. And mrs. Stansbury, mr. And mrs. Rose, mr. And mrs. Owen, and mr. And mrs caruso”
Scores are not available for this record yet.
Assets
Down-$1,533,681
Down $1,661,329 (-1301%) from 2019
Net Assets
Down-$1,779,146
Down $1,612,011 (-964%) from 2019
Liabilities
Down$245,465
Down $49,318 (-17%) from 2019
Revenue
Down$120,909
Down $1,600,205 (-93%) from 2019
Expenses
Up$1,732,919
Up $12,152 (+0.7%) from 2019
Net Income
Down-$1,612,010
Down $1,612,357 (-464656%) from 2019
Education support for home schooling
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $255,076 | $986,103 | ▲ $731,027 |
| Prepaid Expenses and Deferred Charges | - | $8,601 | - |
| Land, Buildings, and Equipment, Net | $3,559 | $2,031 | ▼ $1,528 |
| Accounts Receivable | $-137,688 | $-2,537,116 | ▼ $2,399,428 |
| Other Assets Total | $6,700 | $6,700 | → $0 |
| Total Assets | $127,647 | $-1,533,681 | ▼ $1,661,328 |
| Liabilities | |||
| Deferred Revenue | $264,827 | $134,954 | ▼ $129,873 |
| Other Liabilities | $29,956 | $110,511 | ▲ $80,555 |
| Total Liabilities | $294,783 | $245,465 | ▼ $49,318 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-167,136 | $-1,779,146 | ▼ $1,612,010 |
| Total Liabilities and Net Assets / Fund Balance | $127,647 | $-1,533,681 | ▼ $1,661,328 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $2,031 | $31,943 | $33,974 |
| Other Assets Org | $6,700 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Steven Depangher | President, Headmaster | FT | $159,583 | $159,583 |
| Elizabeth Mayer | Board Mber, Dept Head | FT | $81,180 | $81,180 |
| Name | Title |
|---|---|
| Tayloe Stansbury | Board Chairman |
| Alicia Owen | Board Member |
| Annie Rose | Board Member |
| Chris Owen | Board Member |
| Cindy Stansbury | Board Member |
| Josephine Caruso | Board Member |
| Salvadore Caruso | Board Member |
| John Rose | Board Secretary |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,436,973 |
| Other Expenses | $295,946 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,093,104 | - | - | $1,093,104 |
| Current Officers, Directors, Trustees, and Key Employees | $81,180 | $159,583 | - | $240,763 |
| Occupancy | $180,084 | - | - | $180,084 |
| Payroll Taxes | $103,106 | - | - | $103,106 |
| All Other Expenses | $7,079 | $33,685 | - | $40,764 |
| Information Technology | - | $25,309 | - | $25,309 |
| Fees for Services Accounting | - | $10,704 | - | $10,704 |
| Insurance | - | $6,347 | - | $6,347 |
| Other Expenses | $19,472 | $2,148 | - | $2,148 |
| Advertising | $2,128 | - | - | $2,128 |
| Depreciation Depletion | - | - | - | $1,528 |
| Total Functional Expenses | $1,486,153 | $245,238 | $0 | $1,732,919 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $7,603 |
| Fundraising Direct Expenses | $4,540 |
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Other Current Liabilities | $74,220 |
| Payroll Liabilities | $36,246 |
| State Use Tax Payable | $45 |
“Line 2: the board of directors includes four married couples: mr. And mrs. Stansbury, mr. And mrs. Rose, mr. And mrs. Owen, and mr. And mrs caruso”
“Line 11b: prepared return is reviewed by school finance administrator and approved by headmaster. It is available for review upon request by the board members.”
“Board of directors uses a number of factors for determining and reviewing compensation of president and headmaster including salary surveys for administrative staff for private educational institutions and cost of living”
“Governing documents and financial statements are available upon request”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 134 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 1034 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00020 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99980 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 6261584 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 120529 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1720931 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1619486 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1458754 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1341884 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 6261584 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 120909 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 1721114 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1619698 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1458879 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1342018 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 6262618 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 2031 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 31943 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 33974 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 6700 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | SECURITY DEPOSIT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 36246 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 45 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 74220 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PAYROLL LIABILITIES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | STATE USE TAX PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | OTHER CURRENT LIABILITIES |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2031 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 6700 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 110511 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | LINE 2: THE BOARD OF DIRECTORS INCLUDES FOUR MARRIED COUPLES: MR. AND MRS. STANSBURY, MR. AND MRS. ROSE, MR. AND MRS. OWEN, AND MR. AND MRS CARUSO |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | LINE 11B: PREPARED RETURN IS REVIEWED BY SCHOOL FINANCE ADMINISTRATOR AND APPROVED BY HEADMASTER. IT IS AVAILABLE FOR REVIEW UPON REQUEST BY THE BOARD MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | BOARD OF DIRECTORS USES A NUMBER OF FACTORS FOR DETERMINING AND REVIEWING COMPENSATION OF PRESIDENT AND HEADMASTER INCLUDING SALARY SURVEYS FOR ADMINISTRATIVE STAFF FOR PRIVATE EDUCATIONAL INSTITUTIONS AND COST OF LIVING |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART VI. SECTION A. GOVERNING BODY AND MANAGEMENT |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART VI, SEC B POLICIES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART VI, LN 15A: COMPENSATION - PRESIDENT |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | PART VI, SECTION C, LINE 19: |
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| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxableDistributionsInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TaxExemptInterestAmt | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | false |
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| IRS990/TotalAssetsEOYAmt | 0 | -1533681 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 127647 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | -1533681 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 87429 |
| IRS990/TotalEmployeeCnt | 0 | 75 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 245238 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1486153 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1732919 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 294783 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 245465 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 294783 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 245465 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -167136 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -1779146 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1732919 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 30037 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 240763 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 30417 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 120909 |
| IRS990/TotalVolunteersCnt | 0 | 100 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 127647 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | -1533681 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationOtherInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 2784 HOMESTEAD RD STE 141 |
| IRS990/USAddress/CityNm | 0 | Santa Clara |
| IRS990/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/USAddress/ZIPCd | 0 | 95051 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 8 |
| IRS990/WebsiteAddressTxt | 0 | WWW.LIVEOAKACADEMY.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEVEN DEPANGHER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | HEADMASTER AND PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4083554935 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LIVE OAK ACADEMY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LIVE |
| ReturnHeader/Filer/EIN | 0 | 200140345 |
| ReturnHeader/Filer/PhoneNum | 0 | 4083554935 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2784 HOMESTEAD RD STE 141 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SANTA CLARA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 95051 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 117EB828D7B44B0F2C63D2D2FAEB0A26AB2EE02E |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 117EB828D7B44B0F2C63D2D2FAEB0A26AB2EE02E |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 73.63.185.161 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-11-09 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.