Civic Intelligence

Spero Academy

990 • Fiscal year 2014 • EIN 20-0309518

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 30, 2015

Organization Profilewww.fraseracademy.org

View Organization Page

1534 Sixth Street NE55413

(612) 465-8600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.24x

Higher debt load relative to assets than 64% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

35th percentile

0.05x

Higher debt load relative to revenue than 35% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

55th percentile

4.2%

Higher net margin than 55% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

68th percentile

$95,533

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

83rd percentile

22%

Faster asset growth than 83% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

37th percentile

-0.6%

Faster revenue growth than 37% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$669,346

Up $118,815 (+22%) from 2013

Net Assets

Up

$507,361

Up $131,991 (+35%) from 2013

Liabilities

Down

$161,985

Down $13,176 (-7.5%) from 2013

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin55th percentile

Revenue

Down

$3,180,192

Down $19,657 (-0.6%) from 2013

Expenses

Down

$3,048,201

Down $50,370 (-1.6%) from 2013

Net Income

Up

$131,991

Up $30,713 (+30%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0-$5.0MAssets 2010: $803,456Liabilities 2010: $581,319Net Assets 2010: $222,1372010Assets 2011: $796,979Liabilities 2011: $541,099Net Assets 2011: $255,8802011Assets 2012: $606,033Liabilities 2012: $331,941Net Assets 2012: $274,0922012Assets 2013: $550,531Liabilities 2013: $175,161Net Assets 2013: $375,3702013Assets 2014: $669,346Liabilities 2014: $161,985Net Assets 2014: $507,3612014Assets 2015: $876,797Liabilities 2015: $1,611,322Net Assets 2015: -$734,5252015Assets 2016: $953,257Liabilities 2016: $1,485,487Net Assets 2016: -$532,2302016Assets 2017: $1,169,219Liabilities 2017: $2,252,068Net Assets 2017: -$1,082,8492017Assets 2018: $5,296,129Liabilities 2018: $7,323,467Net Assets 2018: -$2,027,3382018Assets 2019: $5,782,800Liabilities 2019: $6,791,332Net Assets 2019: -$1,008,5322019Assets 2020: $5,115,826Liabilities 2020: $6,610,305Net Assets 2020: -$1,494,4792020Assets 2021: $4,864,005Liabilities 2021: $6,867,150Net Assets 2021: -$2,003,1452021Assets 2022: $4,601,682Liabilities 2022: $6,797,364Net Assets 2022: -$2,195,6822022Assets 2023: $4,811,098Liabilities 2023: $6,760,211Net Assets 2023: -$1,949,1132023Assets 2024: $4,853,952Liabilities 2024: $9,334,716Net Assets 2024: -$4,480,7642024

Highlighted filing

2014

Assets$669,346
Liabilities$161,985
Net Assets$507,361
Open 2014 Filing

Operations Trend

Revenue Growth37th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,387,4462010Expenses 2011: $2,612,7272011Expenses 2012: $2,799,6652012Revenue 2013: $3,199,849Expenses 2013: $3,098,571Net Income 2013: $101,2782013Revenue 2014: $3,180,192Expenses 2014: $3,048,201Net Income 2014: $131,9912014Revenue 2015: $3,569,513Expenses 2015: $3,426,707Net Income 2015: $142,8062015Revenue 2016: $3,976,041Expenses 2016: $3,773,746Net Income 2016: $202,2952016Revenue 2017: $4,497,441Expenses 2017: $5,048,060Net Income 2017: -$550,6192017Revenue 2018: $5,209,076Expenses 2018: $6,153,565Net Income 2018: -$944,4892018Revenue 2019: $7,800,133Expenses 2019: $7,353,845Net Income 2019: $446,2882019Revenue 2020: $8,597,817Expenses 2020: $8,471,331Net Income 2020: $126,4862020Revenue 2021: $8,619,763Expenses 2021: $8,433,047Net Income 2021: $186,7162021Revenue 2022: $9,958,889Expenses 2022: $9,882,062Net Income 2022: $76,8272022Revenue 2023: $16,018,761Expenses 2023: $15,808,305Net Income 2023: $210,4562023Revenue 2024: $18,858,189Expenses 2024: $18,818,562Net Income 2024: $39,6272024

Highlighted filing

2014

Revenue$3,180,192
Expenses$3,048,201
Net Income$131,991
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 30, 2015
Return Version
2013v4.0
Gross Receipts
$3,180,192
Mission and Program Overview

Mission

To provide students with a personalized and adaptive education to grow academically, emotionally, and socially.

See Part III, Line 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$113,137$417,545▲ $304,408
Accounts Receivable$357,862$164,033▼ $193,829
Prepaid Expenses and Deferred Charges$42,969$61,767▲ $18,798
Land, Buildings, and Equipment, Net$34,086$26,001▼ $8,085
Pledges and Grants Receivable$2,477$0▼ $2,477
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$550,531$669,346▲ $118,815
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$175,161$161,985▼ $13,176
Total Liabilities$175,161$161,985▼ $13,176
Net Assets / Fund Balance
Unrestricted Net Assets$375,370$507,361▲ $131,991
Total Net Assets Fund Balance$375,370$507,361▲ $131,991
Total Liabilities and Net Assets / Fund Balance$550,531$669,346▲ $118,815

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$26,001$94,548$120,549
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda SilrumExecutive DirectorFT$80,542$14,991$95,533
Susan SchellerCo-SecretaryFT$51,778$3,644$55,422
Meggie MartinCo-SecretaryFT$38,655$6,600$45,255

Board Members and Trustees

NameTitle
Donna PiazzaBoard Chair
Kirk WahlstromVice Chair
Neil NyeMember
Shannon DeanMember
Terra HyattMember
Tina OutlawMember
Wendy EhlertMember
Janelle EricksonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Contemporary Transportation IncTransportation-$407,233
A Chance to GrowSpeech/Language Serv-$219,404
Advanced Occupational TherapyOccupational Therapy-$188,925
Teaching Temps IncSubstitute Staff-$107,636
Revenue and Support

Revenue Composition

Contributions and Grants
$3,131,479
Program Service Revenue
$46,328
Investment Income
$0
Other Revenue
$2,385
All Other Contributions
$13,924
Change in Net Assets
$131,991

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,180,192
Total Revenue per Audited Statements
$3,180,192
Total Revenue per Form 990
$3,180,192
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,535,260
Other Expenses$1,512,941
Total Fundraising Expense$525
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$923,397$43,918-$967,315
Fees for Services Other$674,921$58$525$675,504
Occupancy$273,138--$273,138
Current Officers, Directors, Trustees, and Key Employees$104,511$97,045-$201,556
Comp Disqual Persons$102,266--$102,266
Payroll Taxes$91,703$10,486-$102,189
Other Employee Benefits$82,687$10,036-$92,723
Pension Plan Contributions$65,838$3,373-$69,211
Fees for Services Accounting-$58,100-$58,100
Information Technology$22,964$5,600-$28,564
Insurance$12,284--$12,284
Depreciation Depletion$10,841--$10,841
Other Expenses$705$9,892-$10,597
Fees for Services Management-$6,118-$6,118
Conferences and Meetings$5,173$149-$5,322
Fees for Services Legal-$2,701-$2,701
Office Expenses$486$2,070-$2,556
All Other Expenses$1,399--$1,399
Total Functional Expenses$2,798,130$249,546$525$3,048,201

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,055,010
Total Expenses per Form 990$3,048,201
Expenses per Audited Statements$3,037,360
Expenses Not Reported on Form 990$17,650
Expenses Not Reported on Financial Statements$10,841
Other Expense Adjustments$10,841
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“The Fraser Academy Finance Committee reviews the form 990, while in preparation, and then presents the fully-prepared form 990 to the Board of Directors for review and approval, prior to submission.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The members of the Board of Directors receive an orientation and review of the conflict of interest policy at the annual meeting of the Board. Following the information review, each member completes and signs a conflict of interest disclosure that is current for the year. The Governance Committee reminds Board Members of their disclosure responsibilities at several times throughout the school year at board meetings.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The Fraser Academy Personnel Committee reviews the MACS Annual Report of Charter School salaries and benefits for comparability, the Chair of the Personnel Committee solicits performance review data from officers of the Board and summarizes the responses for a meeting and discussion with the Director. Compensation is recommended to the full Board of Directors by the Chair of the Board and based on the results of the compensation and performance reviews. The full Board takes action on the contract prior to execution.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The Policies and Financial Statements of Fraser Academy are posted on its website. The Policies and Financial Statements are available in the School Office for review of hard copy.”

Filing and Contact Details

Filer

EIN
20-0309518
Phone
6124658600

Signing Officer

Name
Curtis Windham
Title
Executive Director
Signed
2015-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Curtis Windham
Formed
2003
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
8
Employees
80
Volunteers
50

Preparer

Preparer
Theresa Kingsbury
Phone
6514632233
Supplemental Narrative

Additional Explanations

Related Board Members

“Per MN Statute 124D.10, Charter Schools are required to have a licensed teacher as a member of the Board of Directors. Meggie Martin and Susan Scheller are Board Members, but receive compensation for their services as teachers.”

Financial Statement Notes

Part X : FIN48 Footnote

“The Academy is required to assess whether an uncertain tax position exists and if there should be recognition of a related benefit or liability in the financial statements. The Academy has determined there are not amounts to record as assets or liabilities related to uncertain tax positions.”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Capital Outlays $2756 Change in Compensated Absences Payable $14894”

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Depreciation $10841”

Raw XML AppendixShowing 400 of 508 raw XML fields

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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IRS990/Form990PartVIISectionAGrp/PersonNm9Tina Outlaw
IRS990/Form990PartVIISectionAGrp/PersonNm10Linda Silrum
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt451778
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1080542
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Co-Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Co-Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Executive Dir.
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IRS990/Form990TFiledInd0false
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt03117555
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03180192
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05600
IRS990/InformationTechnologyGrp/ProgramServicesAmt022964
IRS990/InformationTechnologyGrp/TotalAmt028564
IRS990/InsuranceGrp/ProgramServicesAmt012284
IRS990/InsuranceGrp/TotalAmt012284
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt094548
IRS990/LandBldgEquipBasisNetGrp/BOYAmt034086
IRS990/LandBldgEquipBasisNetGrp/EOYAmt026001
IRS990/LandBldgEquipCostOrOtherBssAmt0120549
IRS990/LegalDomicileStateCd0MN
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide a safe, nurturing and cooperative learning environment where children discovery their personal and academic strengths, cultivate a sense of respect and responsibility, create a social awareness and a social bridge to the broader community, provide an innovative curriculum that leads each child to educational success, instill self-esteem, confidence and a positive attitude in every child.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0375370
IRS990/NetAssetsOrFundBalancesEOYAmt0507361
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0273138
IRS990/OccupancyGrp/TotalAmt0273138
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02070
IRS990/OfficeExpensesGrp/ProgramServicesAmt0486
IRS990/OfficeExpensesGrp/TotalAmt02556
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010036
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt082687
IRS990/OtherEmployeeBenefitsGrp/TotalAmt092723
IRS990/OtherExpensesGrp/Desc0Transportation
IRS990/OtherExpensesGrp/Desc1Supplies
IRS990/OtherExpensesGrp/Desc2Equipt Rental & Maint
IRS990/OtherExpensesGrp/Desc3Dues & Memberships
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09892
IRS990/OtherExpensesGrp/ProgramServicesAmt0373460
IRS990/OtherExpensesGrp/ProgramServicesAmt130045
IRS990/OtherExpensesGrp/ProgramServicesAmt222312
IRS990/OtherExpensesGrp/ProgramServicesAmt3705
IRS990/OtherExpensesGrp/TotalAmt0373460
IRS990/OtherExpensesGrp/TotalAmt130045
IRS990/OtherExpensesGrp/TotalAmt222312
IRS990/OtherExpensesGrp/TotalAmt310597
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0Misc Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02385
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02385
IRS990/OtherRevenueTotalAmt02385
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043918
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0923397
IRS990/OtherSalariesAndWagesGrp/TotalAmt0967315
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010486
IRS990/PayrollTaxesGrp/ProgramServicesAmt091703
IRS990/PayrollTaxesGrp/TotalAmt0102189
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03373
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt065838
IRS990/PensionPlanContributionsGrp/TotalAmt069211
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02477
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt042969
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt061767
IRS990/PrincipalOfficerNm0Curtis Windham
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0Fees from Patrons
IRS990/ProgramServiceRevenueGrp/Desc1Medical Assistance
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0238
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt146090
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0238
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt146090
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03112300
IRS990/PYExcessBenefitTransInd0false
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IRS990/PYOtherExpensesAmt01492649
IRS990/PYOtherRevenueAmt031400
IRS990/PYProgramServiceRevenueAmt056149
IRS990/PYRevenuesLessExpensesAmt0101278
IRS990/PYSalariesCompEmpBnftPaidAmt01605922
IRS990/PYTotalExpensesAmt03098571
IRS990/PYTotalRevenueAmt03199849
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
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IRS990/ReconcilationRevenueExpnssAmt0131991
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt048713
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt026001
IRS990ScheduleD/EquipmentGrp/DepreciationAmt094548
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0120549
IRS990ScheduleD/ExpensesNotReportedAmt017650
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt010841
IRS990ScheduleD/ExpensesSubtotalAmt03037360
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt017650
IRS990ScheduleD/OtherExpensesNotIncludedAmt010841
IRS990ScheduleD/RevenueSubtotalAmt03180192
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Academy is required to assess whether an uncertain tax position exists and if there should be recognition of a related benefit or liability in the financial statements. The Academy has determined there are not amounts to record as assets or liabilities related to uncertain tax positions.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Capital Outlays $2756 Change in Compensated Absences Payable $14894
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Depreciation $10841
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026001
IRS990ScheduleD/TotalExpensesPerForm990Amt03048201
IRS990ScheduleD/TotalRevenuePerForm990Amt03180192
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03180192
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03055010
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$669,346
Liabilities
$161,985
Net assets
$507,361
Revenue
$3,180,192
Expenses
$3,048,201
Net income
$131,991
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.85$9.33$4.48$18.9$18.8$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.81$6.76$1.95$16.0$15.8$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.60$6.80$2.20$9.96$9.88$0.08
2021Detailed filing. Detailed filing data is available for this year.$4.86$6.87$2.00$8.62$8.43$0.19
2020Detailed filing. Detailed filing data is available for this year.$5.12$6.61$1.49$8.60$8.47$0.13
2019Detailed filing. Detailed filing data is available for this year.$5.78$6.79$1.01$7.80$7.35$0.45
2018Detailed filing. Detailed filing data is available for this year.$5.30$7.32$2.03$5.21$6.15$0.94
2017Detailed filing. Detailed filing data is available for this year.$1.17$2.25$1.08$4.50$5.05$0.55
2016Detailed filing. Detailed filing data is available for this year.$0.95$1.49$0.53$3.98$3.77$0.20
2015Summary only. Only limited summary data is available for this year.$0.88$1.61$0.73$3.57$3.43$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.16$0.51$3.18$3.05$0.13
2013Summary only. Only limited summary data is available for this year.$0.55$0.18$0.38$3.20$3.10$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.33$0.27$2.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.54$0.26$2.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.58$0.22$2.39