Civic Intelligence

Alternative School Inc DBA Ivy Academia

990 • Fiscal year 2014 • EIN 20-0962395

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 09, 2015

Organization ProfileWWW.IVYACADEMIA.COM

View Organization Page

7353 Valley Circle Blvd91304

(818) 716-0771

Siviq Scores

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

Liabilities / Assets

88th percentile

0.87x

Higher debt load relative to assets than 88% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

59th percentile

0.28x

Higher debt load relative to revenue than 59% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

17th percentile

-11%

Higher net margin than 17% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

64th percentile

$150,565

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

1st percentile

-38%

Faster asset growth than 1% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

27th percentile

-3.7%

Faster revenue growth than 27% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2014

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$2,623,976

Down $1,594,327 (-38%) from 2013

Net Assets

Down

$347,252

Down $901,372 (-72%) from 2013

Liabilities

Down

$2,276,724

Down $692,955 (-23%) from 2013

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin17th percentile

Revenue

$8,170,239

No earlier filing loaded for comparison.

Expenses

Up

$9,071,611

Up $1,013,519 (+13%) from 2013

Net Income

-$901,372

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$40M$30M$20M$10M$0-$10MAssets 2011: $3,167,879Liabilities 2011: $1,958,307Net Assets 2011: $1,209,5722011Assets 2012: $3,457,537Liabilities 2012: $2,515,050Net Assets 2012: $942,4872012Assets 2013: $4,218,303Liabilities 2013: $2,969,679Net Assets 2013: $1,248,6242013Assets 2014: $2,623,976Liabilities 2014: $2,276,724Net Assets 2014: $347,2522014Assets 2015: $1,588,300Liabilities 2015: $1,640,990Net Assets 2015: -$52,6902015Assets 2016: $1,852,920Liabilities 2016: $1,316,754Net Assets 2016: $536,1662016Assets 2017: $1,492,209Liabilities 2017: $554,973Net Assets 2017: $937,2362017Assets 2018: $1,981,275Liabilities 2018: $660,997Net Assets 2018: $1,320,2782018Assets 2019: $5,762,177Liabilities 2019: $541,413Net Assets 2019: $5,220,7642019Assets 2020: $5,338,366Liabilities 2020: $2,324,832Net Assets 2020: $3,013,5342020Assets 2021: $5,760,620Liabilities 2021: $1,593,838Net Assets 2021: $4,166,7822021Assets 2022: $7,410,731Liabilities 2022: $1,634,148Net Assets 2022: $5,776,5832022Assets 2023: $34,683,725Liabilities 2023: $28,858,906Net Assets 2023: $5,824,8192023Assets 2024: $34,648,243Liabilities 2024: $30,398,965Net Assets 2024: $4,249,2782024

Highlighted filing

2014

Assets$2,623,976
Liabilities$2,276,724
Net Assets$347,252
Open 2014 Filing

Operations Trend

Revenue Growth27th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $8,938,460Expenses 2011: $8,887,985Net Income 2011: $50,4752011Revenue 2012: $8,819,154Expenses 2012: $9,086,239Net Income 2012: -$267,0852012Expenses 2013: $8,058,0922013Revenue 2014: $8,170,239Expenses 2014: $9,071,611Net Income 2014: -$901,3722014Revenue 2015: $7,616,727Expenses 2015: $8,016,668Net Income 2015: -$399,9412015Revenue 2016: $8,444,991Expenses 2016: $7,856,135Net Income 2016: $588,8562016Revenue 2017: $8,268,591Expenses 2017: $7,867,521Net Income 2017: $401,0702017Revenue 2018: $7,874,992Expenses 2018: $7,491,950Net Income 2018: $383,0422018Revenue 2019: $12,281,927Expenses 2019: $8,381,441Net Income 2019: $3,900,4862019Revenue 2020: $7,389,131Expenses 2020: $9,596,361Net Income 2020: -$2,207,2302020Revenue 2021: $8,354,092Expenses 2021: $7,200,844Net Income 2021: $1,153,2482021Revenue 2022: $9,840,691Expenses 2022: $8,230,890Net Income 2022: $1,609,8012022Revenue 2023: $9,202,528Expenses 2023: $9,154,292Net Income 2023: $48,2362023Revenue 2024: $7,493,653Expenses 2024: $8,096,254Net Income 2024: -$602,6012024

Highlighted filing

2014

Revenue$8,170,239
Expenses$9,071,611
Net Income-$901,372
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 9, 2015
Return Version
2013v4.0
Gross Receipts
$8,170,239
Mission and Program Overview

Mission

To help each child reach his/her full potential by cultivating an active village of parents, community members, and stakeholders involved in providing an individual, personal, and conceptual learning environment for each student.

Ivy academia, a nonprofit public benefit, california corporation's mission is to help each child reach his/her full potential by cultivating an active village of parents, community members, and stakeholders involved in providing an individual, personal, and conceptual learning environment for each student.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$3,297,866$983,829▼ $2,314,037
Cash and Non-Interest-Bearing Accounts$212,123$909,813▲ $697,690
Land, Buildings, and Equipment, Net$485,423$486,001▲ $578
Prepaid Expenses and Deferred Charges$196,606$215,951▲ $19,345
Total Assets$4,218,303$2,623,976▼ $1,594,327
Other Assets Total$26,285$28,382▲ $2,097
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,939,824$1,595,857▼ $343,967
Accounts Payable and Accrued Expenses$941,016$597,123▼ $343,893
Unsecured Notes Loans Payable$62,554$55,362▼ $7,192
Other Liabilities$26,285$28,382▲ $2,097
Total Liabilities$2,969,679$2,276,724▼ $692,955
Net Assets / Fund Balance
Unrestricted Net Assets$1,248,624$243,350▼ $1,005,274
Temporarily Rstr Net Assets-$103,902-
Total Net Assets Fund Balance$1,248,624$347,252▼ $901,372
Total Liabilities and Net Assets / Fund Balance$4,218,303$2,623,976▼ $1,594,327

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$276,808$1,055,048$1,331,856
Equipment$194,168$780,400$974,568
Leasehold Improvements$15,025$1,803$16,828
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Caroline Neuhaus WesleyExecutive DiFT$132,823$17,742$150,565
Dr Caroline Neuhaus WesleyExecutive Director-$132,823$17,742$150,565

Board Members and Trustees

NameTitle
Dr Thomas OliverBoard Chair
Allison GeldDirector
Elenna TurnerDirector
Janet DanaherDirector
Sheri BorchettaDirector
Vicente CrooksDirector
Harvey BergSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$8,152,810
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$17,429
Change in Net Assets
$-901,372
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,332,802
Other Expenses$3,738,809
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,873,093--$3,873,093
Occupancy$1,001,984--$1,001,984
Other Employee Benefits$708,841--$708,841
Fees for Services Other$586,479--$586,479
Pension Plan Contributions$287,700--$287,700
Current Officers, Directors, Trustees, and Key Employees$285,870--$285,870
Fees for Services Legal$263,160--$263,160
Payroll Taxes$177,298--$177,298
Depreciation Depletion$176,597--$176,597
Interest-$170,497-$170,497
Office Expenses$14,907$132,243-$147,150
Other Expenses$141,814--$141,814
Fees for Services Accounting-$82,631-$82,631
Insurance-$74,156-$74,156
Fees for Services Management$64,405--$64,405
Information Technology$38,643--$38,643
Conferences and Meetings$17,170--$17,170
Advertising$14,531--$14,531
Travel$10,554--$10,554
Total Functional Expenses$8,612,084$459,527$0$9,071,611
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$28,382
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Board prior to filing the return”

Form 990, Page 6, Part VI, Line 15A

“The governing board approves compensation of the executive director, and other top management people based on reviews of compensation schedules of comparable positions at the los angeles unified school district. Top management determines compensation of other key employees after analysis of comparable salaries at lausd and other local districts and charter schools.”

Form 990, Page 6, Part VI, Line 15B

“The governing board approves compensation of the executive director, and other top management people based on reviews of compensation schedules of comparable positions at the los angeles unified school district. Top management determines compensation of other key employees after analysis of comparable salaries at lausd and other local districts and charter schools.”

Form 990, Page 6, Part VI, Line 19

“Members of the public are provided access to the governing documents conflicts of interest policies, and financial statements upon submitting a public records request.”

Filing and Contact Details

Filer

EIN
20-0962395
Phone
8187160771

Signing Officer

Name
Caroline E Neuhaus Wesley Edd
Title
Executive Director
Phone
8187160771
Signed
2015-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Caroline E Neuhaus Wesley Edd
Formed
2004
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
148

Preparer

Preparer
Wade Mcmullen CPA
Phone
6268577300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Ivy academia, a nonprofit public benefit, california corporation's mission is to help each child reach his/her full potential by cultivating an active village of parents, community members, and stakeholders involved in providing an individual, personal, and conceptual learning environment for each student.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The school is a non-profit entity exempt from the payment of income taxes under internal revenue code section 501(c)(3) and california revenue and taxation code section 23701d. Accordingly, no provision has been made for income taxes. Management has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. The school files informational returns in the u.s. Federal jurisdiction, and the state of california. The statute of limitations for federal and california state purposes is generally three and four years, respectively.”

Raw XML AppendixShowing 400 of 429 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0941016
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0597123
IRS990/AccountsReceivableGrp/BOYAmt03297866
IRS990/AccountsReceivableGrp/EOYAmt0983829
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0IVY ACADEMIA, A NONPROFIT PUBLIC BENEFIT, CALIFORNIA CORPORATION'S MISSION IS TO HELP EACH CHILD REACH HIS/HER FULL POTENTIAL BY CULTIVATING AN ACTIVE VILLAGE OF PARENTS, COMMUNITY MEMBERS, AND STAKEHOLDERS INVOLVED IN PROVIDING AN INDIVIDUAL, PERSONAL, AND CONCEPTUAL LEARNING ENVIRONMENT FOR EACH STUDENT.
IRS990/AdvertisingGrp/ProgramServicesAmt014531
IRS990/AdvertisingGrp/TotalAmt014531
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10DR CAROLINE NEUHAUS-WESLEY
IRS990/BooksInCareOfDetail/PhoneNum08187160771
IRS990/BooksInCareOfDetail/USAddress/AddressLine107353 VALLEY CIRCLE BLVD
IRS990/BooksInCareOfDetail/USAddress/City0WEST HILLS
IRS990/BooksInCareOfDetail/USAddress/State0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCode091304
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0212123
IRS990/CashNonInterestBearingGrp/EOYAmt0909813
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0285870
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0285870
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt017170
IRS990/ConferencesMeetingsGrp/TotalAmt017170
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08152810
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt03738809
IRS990/CYOtherRevenueAmt017429
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-901372
IRS990/CYSalariesCompEmpBnftPaidAmt05332802
IRS990/CYTotalExpensesAmt09071611
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08170239
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0176597
IRS990/DepreciationDepletionGrp/TotalAmt0176597
IRS990/Desc0OPERATES A PUBLIC CHARTER SCHOOL WITHIN THE LOS ANGELES UNIFIED SCHOOL DISTRICT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0148
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt08612084
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt082631
IRS990/FeesForServicesAccountingGrp/TotalAmt082631
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0263160
IRS990/FeesForServicesLegalGrp/TotalAmt0263160
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt064405
IRS990/FeesForServicesManagementGrp/TotalAmt064405
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0586479
IRS990/FeesForServicesOtherGrp/TotalAmt0586479
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt717742
IRS990/Form990PartVIISectionAGrp/PersonNm0DR THOMAS OLIVER
IRS990/Form990PartVIISectionAGrp/PersonNm1HARVEY BERG
IRS990/Form990PartVIISectionAGrp/PersonNm2ELENNA TURNER
IRS990/Form990PartVIISectionAGrp/PersonNm3SHERI BORCHETTA
IRS990/Form990PartVIISectionAGrp/PersonNm4VICENTE CROOKS
IRS990/Form990PartVIISectionAGrp/PersonNm5JANET DANAHER
IRS990/Form990PartVIISectionAGrp/PersonNm6ALLISON GELD
IRS990/Form990PartVIISectionAGrp/PersonNm7DR CAROLINE NEUHAUS WESLEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7132823
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt08152810
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt08170239
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt038643
IRS990/InformationTechnologyGrp/TotalAmt038643
IRS990/InsuranceGrp/ManagementAndGeneralAmt074156
IRS990/InsuranceGrp/TotalAmt074156
IRS990/InterestGrp/ManagementAndGeneralAmt0170497
IRS990/InterestGrp/TotalAmt0170497
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01837251
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0485423
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0486001
IRS990/LandBldgEquipCostOrOtherBssAmt02323252
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0IVY ACADEMIA, A NONPROFIT PUBLIC BENEFIT, CALIFORNIA CORPORATION'S MISSION IS TO HELP EACH CHILD REACH HIS/HER FULL POTENTIAL BY CULTIVATING AN ACTIVE VILLAGE OF PARENTS, COMMUNITY MEMBERS, AND STAKEHOLDERS INVOLVED IN PROVIDING AN INDIVIDUAL, PERSONAL, AND CONCEPTUAL LEARNING ENVIRONMENT FOR EACH STUDENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01939824
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01595857
IRS990/NetAssetsOrFundBalancesBOYAmt01248624
IRS990/NetAssetsOrFundBalancesEOYAmt0347252
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt01001984
IRS990/OccupancyGrp/TotalAmt01001984
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0132243
IRS990/OfficeExpensesGrp/ProgramServicesAmt014907
IRS990/OfficeExpensesGrp/TotalAmt0147150
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt026285
IRS990/OtherAssetsTotalGrp/EOYAmt028382
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0708841
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0708841
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/ProgramServicesAmt0759189
IRS990/OtherExpensesGrp/ProgramServicesAmt1189849
IRS990/OtherExpensesGrp/ProgramServicesAmt2141814
IRS990/OtherExpensesGrp/TotalAmt0759189
IRS990/OtherExpensesGrp/TotalAmt1189849
IRS990/OtherExpensesGrp/TotalAmt2141814
IRS990/OtherLiabilitiesGrp/BOYAmt026285
IRS990/OtherLiabilitiesGrp/EOYAmt028382
IRS990/OtherRevenueMiscGrp/Desc0ALL OTHER REVENUES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt017429
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017429
IRS990/OtherRevenueTotalAmt017429
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03873093
IRS990/OtherSalariesAndWagesGrp/TotalAmt03873093
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0177298
IRS990/PayrollTaxesGrp/TotalAmt0177298
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0287700
IRS990/PensionPlanContributionsGrp/TotalAmt0287700
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0196606
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0215951
IRS990/PrincipalOfficerNm0CAROLINE E NEUHAUS WESLEY EDD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt08343632
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt02891648
IRS990/PYOtherRevenueAmt020597
IRS990/PYRevenuesLessExpensesAmt0306137
IRS990/PYSalariesCompEmpBnftPaidAmt05166444
IRS990/PYTotalExpensesAmt08058092
IRS990/PYTotalRevenueAmt08364229
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-901372
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0276808
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01055048
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01331856
IRS990ScheduleD/EquipmentGrp/BookValueAmt0194168
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0780400
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0974568
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt015025
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01803
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt016828
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028382
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A NON-PROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE SCHOOL FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0486001
IRS990ScheduleD/TotalLiabilityAmt028382
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL PUBLICIZES ITS POLICY IN ITS REGISTRATION MATERIALS AND DOCUMENTS USED TO SOLICIT STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NO RECORDS DOCUMENTING THAT SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE AWARDED ARE MAINTAINED AS THE SCHOOL PROVIDES NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2IVY ACADEMIA IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0132823
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt017742
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DR CAROLINE NEUHAUS WESLEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0150565
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IVY ACADEMIA, A NONPROFIT PUBLIC BENEFIT, CALIFORNIA CORPORATION'S MISSION IS TO HELP EACH CHILD REACH HIS/HER FULL POTENTIAL BY CULTIVATING AN ACTIVE VILLAGE OF PARENTS, COMMUNITY MEMBERS, AND STAKEHOLDERS INVOLVED IN PROVIDING AN INDIVIDUAL, PERSONAL, AND CONCEPTUAL LEARNING ENVIRONMENT FOR EACH STUDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD PRIOR TO FILING THE RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BOARD APPROVES COMPENSATION OF THE EXECUTIVE DIRECTOR, AND OTHER TOP MANAGEMENT PEOPLE BASED ON REVIEWS OF COMPENSATION SCHEDULES OF COMPARABLE POSITIONS AT THE LOS ANGELES UNIFIED SCHOOL DISTRICT. TOP MANAGEMENT DETERMINES COMPENSATION OF OTHER KEY EMPLOYEES AFTER ANALYSIS OF COMPARABLE SALARIES AT LAUSD AND OTHER LOCAL DISTRICTS AND CHARTER SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BOARD APPROVES COMPENSATION OF THE EXECUTIVE DIRECTOR, AND OTHER TOP MANAGEMENT PEOPLE BASED ON REVIEWS OF COMPENSATION SCHEDULES OF COMPARABLE POSITIONS AT THE LOS ANGELES UNIFIED SCHOOL DISTRICT. TOP MANAGEMENT DETERMINES COMPENSATION OF OTHER KEY EMPLOYEES AFTER ANALYSIS OF COMPARABLE SALARIES AT LAUSD AND OTHER LOCAL DISTRICTS AND CHARTER SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERS OF THE PUBLIC ARE PROVIDED ACCESS TO THE GOVERNING DOCUMENTS CONFLICTS OF INTEREST POLICIES, AND FINANCIAL STATEMENTS UPON SUBMITTING A PUBLIC RECORDS REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10ALTERNATIVE SCHOOLS FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0203641409
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0510 C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARITABLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine107353 VALLEY CIRCLE BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0WEST HILLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode091304
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0103902
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04218303
IRS990/TotalAssetsEOYAmt02623976
IRS990/TotalAssetsGrp/BOYAmt04218303
IRS990/TotalAssetsGrp/EOYAmt02623976
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt08152810
IRS990/TotalEmployeeCnt0148
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0459527
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08612084
IRS990/TotalFunctionalExpensesGrp/TotalAmt09071611
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02969679
IRS990/TotalLiabilitiesEOYAmt02276724
IRS990/TotalLiabilitiesGrp/BOYAmt02969679
IRS990/TotalLiabilitiesGrp/EOYAmt02276724
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01248624
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0347252
IRS990/TotalOtherCompensationAmt017742
IRS990/TotalProgramServiceExpensesAmt08612084
IRS990/TotalReportableCompFromOrgAmt0132823
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt017429
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08170239
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04218303
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02623976
IRS990/TravelGrp/ProgramServicesAmt010554
IRS990/TravelGrp/TotalAmt010554
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01248624
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0243350
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt062554
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt055362
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine107353 VALLEY CIRCLE BLVD
IRS990/USAddress/City0WEST HILLS
IRS990/USAddress/State0CA
IRS990/USAddress/ZIPCode091304
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.IVYACADEMIA.COM
IRS990/WhistleblowerPolicyInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$2,623,976
Liabilities
$2,276,724
Net assets
$347,252
Revenue
$8,170,239
Expenses
$9,071,611
Net income
-$901,372
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$34.6$30.4$4.25$7.49$8.10$0.60
2023Detailed filing. Detailed filing data is available for this year.$34.7$28.9$5.82$9.20$9.15$0.05
2022Detailed filing. Detailed filing data is available for this year.$7.41$1.63$5.78$9.84$8.23$1.61
2021Detailed filing. Detailed filing data is available for this year.$5.76$1.59$4.17$8.35$7.20$1.15
2020Detailed filing. Detailed filing data is available for this year.$5.34$2.32$3.01$7.39$9.60$2.21
2019Detailed filing. Detailed filing data is available for this year.$5.76$0.54$5.22$12.3$8.38$3.90
2018Detailed filing. Detailed filing data is available for this year.$1.98$0.66$1.32$7.87$7.49$0.38
2017Detailed filing. Detailed filing data is available for this year.$1.49$0.55$0.94$8.27$7.87$0.40
2016Detailed filing. Detailed filing data is available for this year.$1.85$1.32$0.54$8.44$7.86$0.59
2015Detailed filing. Detailed filing data is available for this year.$1.59$1.64$0.05$7.62$8.02$0.40
2014Detailed filing. Detailed filing data is available for this year.$2.62$2.28$0.35$8.17$9.07$0.90
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.22$2.97$1.25$8.06
2012Summary only. Only limited summary data is available for this year.$3.46$2.52$0.94$8.82$9.09$0.27
2011Summary only. Only limited summary data is available for this year.$3.17$1.96$1.21$8.94$8.89$0.05