Civic Intelligence

Nevada Virtual Charter School

990 • Fiscal year 2022 • EIN 20-5837609

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 07, 2023

Organization ProfileWWW.NVVA.K12.COM

View Organization Page

8645 S Eastern Ave Ste 100Las Vegas, NV 89123

(702) 407-1825

Siviq Scores

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

Liabilities / Assets

98th percentile

1.54x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

81st percentile

1.04x

Higher debt load relative to revenue than 81% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

54th percentile

8.6%

Higher net margin than 54% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

93rd percentile

64%

Faster asset growth than 93% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

40th percentile

-0.9%

Faster revenue growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$12,366,306

Up $4,838,167 (+64%) from 2021

Net Assets

Up

-$6,700,340

Up $1,588,559 (+19%) from 2021

Liabilities

Up

$19,066,646

Up $3,249,608 (+21%) from 2021

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin54th percentile

Revenue

Down

$18,372,416

Down $172,527 (-0.9%) from 2021

Expenses

Down

$16,783,857

Down $655,950 (-3.8%) from 2021

Net Income

Up

$1,588,559

Up $483,423 (+44%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$20M$10M$0-$10MAssets 2021: $7,528,139Liabilities 2021: $15,817,038Net Assets 2021: -$8,288,8992021Assets 2022: $12,366,306Liabilities 2022: $19,066,646Net Assets 2022: -$6,700,3402022Assets 2023: $12,671,629Liabilities 2023: $17,502,909Net Assets 2023: -$4,831,2802023

Highlighted filing

2022

Assets$12,366,306
Liabilities$19,066,646
Net Assets-$6,700,340
Open 2022 Filing

Operations Trend

Revenue Growth40th percentile

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

$20M$15M$10M$5.0M$0Revenue 2021: $18,544,943Expenses 2021: $17,439,807Net Income 2021: $1,105,1362021Revenue 2022: $18,372,416Expenses 2022: $16,783,857Net Income 2022: $1,588,5592022Revenue 2023: $18,269,961Expenses 2023: $16,400,901Net Income 2023: $1,869,0602023

Highlighted filing

2022

Revenue$18,372,416
Expenses$16,783,857
Net Income$1,588,559
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 7, 2023
Return Version
2021v4.0
Gross Receipts
$18,372,416
Mission and Program Overview

Mission

At nevada virtual charter school, we will make a difference by meeting the unique needs of our diverse students, preparing them for college and carerr in the 21st century through high quality instruction in our virtual platform.

The school is a free public charter school which uses the stride/k12 curriculum to offer nevada students in 6th through 12th grade an exceptional education. The school's mission is to promote student achievement by preparing every student for college and career readiness every day.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,527,006$3,735,148▲ $208,142
Pledges and Grants Receivable$2,267,339$1,686,653▼ $580,686
Prepaid Expenses and Deferred Charges$49,438--
Land, Buildings, and Equipment, Net$21,696--
Total Assets$7,528,139$12,366,306▲ $4,838,167
Other Assets Total$1,662,660$6,944,505▲ $5,281,845
Liabilities
Other Liabilities$14,743,845$17,889,272▲ $3,145,427
Accounts Payable and Accrued Expenses$1,070,195$1,176,374▲ $106,179
Deferred Revenue$2,998$1,000▼ $1,998
Total Liabilities$15,817,038$19,066,646▲ $3,249,608
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-8,288,899$-6,700,340▲ $1,588,559
Total Net Assets Fund Balance$-8,288,899$-6,700,340▲ $1,588,559
Total Liabilities and Net Assets / Fund Balance$7,528,139$12,366,306▲ $4,838,167

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements-$459,270$459,270
Equipment-$138,461$138,461
Other Assets Org$71,350--
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Mrs Samantha MorrisPresident
Mr Glen CurryMember
Mr Jordan SommaggioMember
Mrs Shannon DanglTreasurer
Mrs Shannon BarryVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$18,350,080
Program Service Revenue
$22,336
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$1,588,559

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,372,416
Total Revenue per Audited Statements
$18,372,416
Total Revenue per Form 990
$18,372,416
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,040,050
Salaries, Compensation, and Employee Benefits$6,743,807
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,002,594--$6,002,594
Fees for Services Management-$2,274,227-$2,274,227
Other Employee Benefits$741,213--$741,213
Information Technology$394,107--$394,107
Fees for Services Other$358,147--$358,147
Occupancy-$233,168-$233,168
Other Expenses$210,017$140,551-$210,017
Travel$105,278--$105,278
Depreciation Depletion-$66,540-$66,540
Insurance-$48,727-$48,727
All Other Expenses-$12,389-$12,389
Total Functional Expenses$13,875,039$2,908,818$0$16,783,857

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$16,783,857
Total Expenses per Audited Statements$16,783,857
Total Expenses per Form 990$16,783,857
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
Deferred Inflows of Resources$7,229,564
Net Pension Liability$6,456,502
Due to Related Party$2,540,266
Lease Liability$1,662,940
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Nevada virtual academy contracted with k12 inc. As its sole curriculum provider. K12 also provides management and technology services as well as accounting, operations, and record keeping services to the school.”

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

“The form 990 will be provided to the governing board and will be approved by the board president and the director of finance before submission.”

Form 990, Page 6, Part VI, Line 12C

“The policy is published in the organizations manual of procedures internal control systems structure and grant expenditures, instructions & requirements manual.”

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

“The majority of key employees are employees of k12 inc. (the management company) and are compensated accordingly to job market.”

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

“The majority of key employees are employees of k12 inc. (the management company) and are compensated accordingly to job market.”

Form 990, Page 6, Part VI, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Nevada Virtual Academy
EIN
20-5837609
Phone
7024071825
Address
8645 S EASTERN AVE STE 100, LAS VEGAS, NV 89123

Signing Officer

Name
Mrs Samantha Morris
Title
President
Phone
7024071825
Signed
2023-03-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mrs Samantha Morris
Formed
2019
Legal Domicile
Nv
Voting Board Members
5
Independent Board Members
5
Employees
134

Preparer

Firm
Ellsworth & Stout Cpas
Address
7881 W CHARLESTON BLVD STE 155, LAS VEGAS, NV 89117-8326
Preparer
Jeff a Stout CPA
Phone
7028712727
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The school is a free public charter school which uses the stride/k12 curriculum to offer nevada students in 6th through 12th grade an exceptional education. The school's mission is to promote student achievement by preparing every student for college and career readiness every day.”

Raw XML Appendix361 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/BOYAmt01070195
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01176374
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE SCHOOL IS A FREE PUBLIC CHARTER SCHOOL WHICH USES THE STRIDE/K12 CURRICULUM TO OFFER NEVADA STUDENTS IN 6TH THROUGH 12TH GRADE AN EXCEPTIONAL EDUCATION. THE SCHOOL'S MISSION IS TO PROMOTE STUDENT ACHIEVEMENT BY PREPARING EVERY STUDENT FOR COLLEGE AND CAREER READINESS EVERY DAY.
IRS990/AddressChangeInd0X
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt012389
IRS990/AllOtherExpensesGrp/TotalAmt012389
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum07024071825
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08645 S EASTERN AVE STE 100
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAS VEGAS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NV
IRS990/BooksInCareOfDetail/USAddress/ZIPCd089123
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03527006
IRS990/CashNonInterestBearingGrp/EOYAmt03735148
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt018350080
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt010040050
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt022336
IRS990/CYRevenuesLessExpensesAmt01588559
IRS990/CYSalariesCompEmpBnftPaidAmt06743807
IRS990/CYTotalExpensesAmt016783857
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt018372416
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt02998
IRS990/DeferredRevenueGrp/EOYAmt01000
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt066540
IRS990/DepreciationDepletionGrp/TotalAmt066540
IRS990/Desc0AS A PUBLICLY FUNDED CHARTER SCHOOL, WE PROVIDE STUDENTS AND FAMILIES WITH A COMPLETE CURRICULUM PROVIDED BY K12 AND HIGHLY QUALIFIED NEVADA-LICENSED TEACHER INSTRUCTION IN EVERY COURSE. WE HAVE EVERYTHING YOUR CHILD NEEDS FOR A SUCCESSFUL EDUCATIONAL EXPERIENCE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0134
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt013875039
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt02274227
IRS990/FeesForServicesManagementGrp/TotalAmt02274227
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0358147
IRS990/FeesForServicesOtherGrp/TotalAmt0358147
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt08.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
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/PersonNm0MRS SAMANTHA MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm1MRS SHANNON BARRY
IRS990/Form990PartVIISectionAGrp/PersonNm2MRS SHANNON DANGL
IRS990/Form990PartVIISectionAGrp/PersonNm3MR GLEN CURRY
IRS990/Form990PartVIISectionAGrp/PersonNm4MR JORDAN SOMMAGGIO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt018350080
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt018372416
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0394107
IRS990/InformationTechnologyGrp/TotalAmt0394107
IRS990/InsuranceGrp/ManagementAndGeneralAmt048727
IRS990/InsuranceGrp/TotalAmt048727
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt036
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0597731
IRS990/LandBldgEquipBasisNetGrp/BOYAmt021696
IRS990/LandBldgEquipCostOrOtherBssAmt0597731
IRS990/LegalDomicileStateCd0NV
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE SCHOOL IS A FREE PUBLIC CHARTER SCHOOL WHICH USES THE STRIDE/K12 CURRICULUM TO OFFER NEVADA STUDENTS IN 6TH THROUGH 12TH GRADE AN EXCEPTIONAL EDUCATION. THE SCHOOL'S MISSION IS TO PROMOTE STUDENT ACHIEVEMENT BY PREPARING EVERY STUDENT FOR COLLEGE AND CAREER READINESS EVERY DAY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-8288899
IRS990/NetAssetsOrFundBalancesEOYAmt0-6700340
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-8288899
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-6700340
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0233168
IRS990/OccupancyGrp/TotalAmt0233168
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01662660
IRS990/OtherAssetsTotalGrp/EOYAmt06944505
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0741213
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0741213
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc2COMMUNICATION
IRS990/OtherExpensesGrp/Desc3BAD DEBT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0133216
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1140551
IRS990/OtherExpensesGrp/ProgramServicesAmt05237428
IRS990/OtherExpensesGrp/ProgramServicesAmt1598140
IRS990/OtherExpensesGrp/ProgramServicesAmt2228115
IRS990/OtherExpensesGrp/ProgramServicesAmt3210017
IRS990/OtherExpensesGrp/TotalAmt05370644
IRS990/OtherExpensesGrp/TotalAmt1598140
IRS990/OtherExpensesGrp/TotalAmt2368666
IRS990/OtherExpensesGrp/TotalAmt3210017
IRS990/OtherLiabilitiesGrp/BOYAmt014743845
IRS990/OtherLiabilitiesGrp/EOYAmt017889272
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06002594
IRS990/OtherSalariesAndWagesGrp/TotalAmt06002594
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02267339
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01686653
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt049438
IRS990/PrincipalOfficerNm0MRS SAMANTHA MORRIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt022336
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022336
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt018514250
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt010208110
IRS990/PYProgramServiceRevenueAmt030693
IRS990/PYRevenuesLessExpensesAmt01105136
IRS990/PYSalariesCompEmpBnftPaidAmt07231697
IRS990/PYTotalExpensesAmt017439807
IRS990/PYTotalRevenueAmt018544943
IRS990/ReconcilationRevenueExpnssAmt01588559
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt022336
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0138461
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0138461
IRS990ScheduleD/ExpensesSubtotalAmt016783857
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0459270
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0459270
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05213929
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11659226
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt271350
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS OF RESOURCES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RIGHT OF USE LEASE ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REFUNDABLE DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07229564
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16456502
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22540266
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31662940
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS OF RESOURCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3LEASE LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt018372416
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06944505
IRS990ScheduleD/TotalExpensesPerForm990Amt016783857
IRS990ScheduleD/TotalLiabilityAmt017889272
IRS990ScheduleD/TotalRevenuePerForm990Amt018372416
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt018372416
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt016783857
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0false
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NON-DISCRIMINATION POLICY IS ALWAYS POSTED ON THE SCHOOL WEBSITE, HTTPS://NVVA.K12.COM/TITLE-IX-NON-DISCRIMINATION.HTML. THIS POLICY IS ALSO WRITTEN INTO OUR STUDENT/PARENT AND EMPLOYEE HANDBOOKS. STUDENT/PARENT HANDBOOK IS ALSO SHARED DURING ENROLLMENT AND SENT OUT TO FAMILIES ANNUALLY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt14A - NOT APPLICABLE. SCHOOL IS A TUITION FREE CHARTER SCHOOL 4D - NOT APPLICABLE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION IS PRIMARILY FUNDED THROUGH STATE DISTRIBUTIONS, IN ADDITION TO CERTAIN FEDERAL GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A FREE PUBLIC CHARTER SCHOOL WHICH USES THE STRIDE/K12 CURRICULUM TO OFFER NEVADA STUDENTS IN 6TH THROUGH 12TH GRADE AN EXCEPTIONAL EDUCATION. THE SCHOOL'S MISSION IS TO PROMOTE STUDENT ACHIEVEMENT BY PREPARING EVERY STUDENT FOR COLLEGE AND CAREER READINESS EVERY DAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NEVADA VIRTUAL ACADEMY CONTRACTED WITH K12 INC. AS ITS SOLE CURRICULUM PROVIDER. K12 ALSO PROVIDES MANAGEMENT AND TECHNOLOGY SERVICES AS WELL AS ACCOUNTING, OPERATIONS, AND RECORD KEEPING SERVICES TO THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WILL BE PROVIDED TO THE GOVERNING BOARD AND WILL BE APPROVED BY THE BOARD PRESIDENT AND THE DIRECTOR OF FINANCE BEFORE SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE POLICY IS PUBLISHED IN THE ORGANIZATIONS MANUAL OF PROCEDURES INTERNAL CONTROL SYSTEMS STRUCTURE AND GRANT EXPENDITURES, INSTRUCTIONS & REQUIREMENTS MANUAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MAJORITY OF KEY EMPLOYEES ARE EMPLOYEES OF K12 INC. (THE MANAGEMENT COMPANY) AND ARE COMPENSATED ACCORDINGLY TO JOB MARKET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MAJORITY OF KEY EMPLOYEES ARE EMPLOYEES OF K12 INC. (THE MANAGEMENT COMPANY) AND ARE COMPENSATED ACCORDINGLY TO JOB MARKET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07528139
IRS990/TotalAssetsEOYAmt012366306
IRS990/TotalAssetsGrp/BOYAmt07528139
IRS990/TotalAssetsGrp/EOYAmt012366306
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt018350080
IRS990/TotalEmployeeCnt0134
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02908818
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt013875039
IRS990/TotalFunctionalExpensesGrp/TotalAmt016783857
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015817038
IRS990/TotalLiabilitiesEOYAmt019066646
IRS990/TotalLiabilitiesGrp/BOYAmt015817038
IRS990/TotalLiabilitiesGrp/EOYAmt019066646
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-8288899
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-6700340
IRS990/TotalProgramServiceExpensesAmt013875039
IRS990/TotalProgramServiceRevenueAmt022336
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt022336
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt018372416
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07528139
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012366306
IRS990/TravelGrp/ProgramServicesAmt0105278
IRS990/TravelGrp/TotalAmt0105278
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt08645 S EASTERN AVE STE 100
IRS990/USAddress/CityNm0LAS VEGAS
IRS990/USAddress/StateAbbreviationCd0NV
IRS990/USAddress/ZIPCd089123
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.NVVA.K12.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MRS SAMANTHA MORRIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07024071825
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEVADA VIRTUAL ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0NEVA
ReturnHeader/Filer/EIN0205837609
ReturnHeader/Filer/PhoneNum07024071825
ReturnHeader/Filer/USAddress/AddressLine1Txt08645 S EASTERN AVE STE 100
ReturnHeader/Filer/USAddress/CityNm0LAS VEGAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NV
ReturnHeader/Filer/USAddress/ZIPCd089123
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261629859
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELLSWORTH & STOUT CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07881 W CHARLESTON BLVD STE 155
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAS VEGAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0891178326
ReturnHeader/PreparerPersonGrp/PhoneNum07028712727
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFF A STOUT CPA
ReturnHeader/ReturnTs02023-03-07T19:32:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SAMANTHA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MORRIS
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,366,306
Liabilities
$19,066,646
Net assets
-$6,700,340
Revenue
$18,372,416
Expenses
$16,783,857
Net income
$1,588,559
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$12.7$17.5$4.83$18.3$16.4$1.87
2022Detailed filing. Detailed filing data is available for this year.$12.4$19.1$6.70$18.4$16.8$1.59
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.53$15.8$8.29$18.5$17.4$1.11