Civic Intelligence

Choice Academies Inc.

990 • Fiscal year 2016 • EIN 20-8809933

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 10, 2017

Organization ProfileWWW.ATACHOICE.ORG

View Organization Page

2323 West Parkside LanePhoenix, AZ 85027

(602) 938-5517

Siviq Scores

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

Liabilities / Assets

89th percentile

0.90x

Higher debt load relative to assets than 89% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

87th percentile

1.90x

Higher debt load relative to revenue than 87% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

45th percentile

1.3%

Higher net margin than 45% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

38th percentile

-0.5%

Faster asset growth than 38% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

60th percentile

6.4%

Faster revenue growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$16,672,848

Down $83,890 (-0.5%) from 2015

Net Assets

Up

$1,633,223

Up $101,262 (+6.6%) from 2015

Liabilities

Down

$15,039,625

Down $185,152 (-1.2%) from 2015

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin45th percentile

Revenue

Up

$7,895,308

Up $478,141 (+6.4%) from 2015

Expenses

Up

$7,794,046

Up $643,898 (+9.0%) from 2015

Net Income

Down

$101,262

Down $165,757 (-62%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $310,546Liabilities 2010: $87,566Net Assets 2010: $222,9802010Assets 2011: $735,582Liabilities 2011: $250,801Net Assets 2011: $484,7812011Assets 2012: $1,309,796Liabilities 2012: $477,550Net Assets 2012: $832,2462012Assets 2013: $16,979,149Liabilities 2013: $16,089,998Net Assets 2013: $889,1512013Assets 2014: $16,784,782Liabilities 2014: $15,519,840Net Assets 2014: $1,264,9422014Assets 2015: $16,756,738Liabilities 2015: $15,224,777Net Assets 2015: $1,531,9612015Assets 2016: $16,672,848Liabilities 2016: $15,039,625Net Assets 2016: $1,633,2232016Assets 2017: $16,534,029Liabilities 2017: $14,758,077Net Assets 2017: $1,775,9522017Assets 2018: $17,021,581Liabilities 2018: $15,717,485Net Assets 2018: $1,304,0962018Assets 2019: $16,908,744Liabilities 2019: $16,002,720Net Assets 2019: $906,0242019Assets 2020: $16,892,839Liabilities 2020: $15,306,496Net Assets 2020: $1,586,3432020Assets 2021: $16,418,209Liabilities 2021: $14,902,060Net Assets 2021: $1,516,1492021Assets 2022: $16,051,131Liabilities 2022: $14,172,741Net Assets 2022: $1,878,3902022Assets 2023: $16,988,678Liabilities 2023: $14,418,591Net Assets 2023: $2,570,0872023Assets 2024: $17,452,461Liabilities 2024: $14,127,900Net Assets 2024: $3,324,5612024Assets 2025: $17,441,670Liabilities 2025: $13,903,446Net Assets 2025: $3,538,2242025

Highlighted filing

2016

Assets$16,672,848
Liabilities$15,039,625
Net Assets$1,633,223
Open 2016 Filing

Operations Trend

Revenue Growth60th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,632,0972010Expenses 2011: $2,430,7012011Expenses 2012: $3,185,7642012Expenses 2013: $4,719,8412013Revenue 2014: $6,704,486Expenses 2014: $6,328,695Net Income 2014: $375,7912014Revenue 2015: $7,417,167Expenses 2015: $7,150,148Net Income 2015: $267,0192015Revenue 2016: $7,895,308Expenses 2016: $7,794,046Net Income 2016: $101,2622016Revenue 2017: $8,534,659Expenses 2017: $8,391,930Net Income 2017: $142,7292017Revenue 2018: $7,810,720Expenses 2018: $8,282,576Net Income 2018: -$471,8562018Revenue 2019: $7,432,390Expenses 2019: $7,964,625Net Income 2019: -$532,2352019Revenue 2020: $7,150,966Expenses 2020: $6,470,647Net Income 2020: $680,3192020Revenue 2021: $5,821,300Expenses 2021: $5,891,494Net Income 2021: -$70,1942021Revenue 2022: $7,018,767Expenses 2022: $6,656,526Net Income 2022: $362,2412022Revenue 2023: $8,153,698Expenses 2023: $7,462,001Net Income 2023: $691,6972023Revenue 2024: $7,658,712Expenses 2024: $6,904,238Net Income 2024: $754,4742024Revenue 2025: $7,083,124Expenses 2025: $6,869,461Net Income 2025: $213,6632025

Highlighted filing

2016

Revenue$7,895,308
Expenses$7,794,046
Net Income$101,262
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 10, 2017
Return Version
2015v3.0
Gross Receipts
$7,895,308
Mission and Program Overview

Mission

Choice academies is comitted to providing a traditional back-to-basics education within a framework of high standards and high expectations in a safe environment. Its purpose is to provide students with a strong foundation of knowledge, to teach critical thinking and to develop good citizenship and leadership skills.

Choice academies is comitted to providing a traditional, back-to-basics education within a framework of high standards and high expectations in a safe environment. Its purpose is to provide students with a strong foundation of knowledge, to teach critical thinking and to develop good citizenship and leadership skills.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,804,554$13,537,177▼ $267,377
Savings and Temporary Cash Investments$1,793,749$2,112,088▲ $318,339
Cash and Non-Interest-Bearing Accounts$443,413$381,287▼ $62,126
Prepaid Expenses and Deferred Charges$270,179$167,299▼ $102,880
Accounts Receivable$60,806$103,934▲ $43,128
Total Assets$16,756,738$16,672,848▼ $83,890
Other Assets Total$384,037$371,063▼ $12,974
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,352,320$14,172,271▼ $180,049
Accounts Payable and Accrued Expenses$529,160$544,218▲ $15,058
Deferred Revenue$141,697$176,655▲ $34,958
Other Liabilities$201,600$146,481▼ $55,119
Total Liabilities$15,224,777$15,039,625▼ $185,152
Net Assets / Fund Balance
Unrestricted Net Assets$1,505,678$1,625,399▲ $119,721
Temporarily Rstr Net Assets$26,283$7,824▼ $18,459
Total Net Assets Fund Balance$1,531,961$1,633,223▲ $101,262
Total Liabilities and Net Assets / Fund Balance$16,756,738$16,672,848▼ $83,890

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,306,955$1,006,661$11,313,616
Land$2,144,854-$2,144,854
Equipment$578,794$533,310$1,112,104
Other Land Buildings$410,085$110,649$520,734
Leasehold Improvements$96,489$25,212$121,701
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sharon MalonePrincipal ConsultantFT$96,920$10,013$106,933
Karla JohnstonbaughBusiness AdministratorFT$42,859$6,927$49,786

Board Members and Trustees

NameTitle
Lisa FinkPresident
Audra Wilson-smithBusiness Administrator
Marcus KelleyMember
Ray MalnarMember
Sundhar SubramanianTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$108,678
Program Service Revenue
$6,942,474
Investment Income
$2,208
Other Revenue
$841,948
All Other Contributions
$108,678
Change in Net Assets
$101,262

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,895,308
Revenue Not Reported on Form 990
$18,439
Total Revenue per Audited Statements
$7,913,747
Total Revenue per Form 990
$7,895,308
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,272,889
Other Expenses$3,521,157
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,000,903$607,756$0$3,608,659
Occupancy$1,868,188$172,219$0$2,040,407
Depreciation Depletion$451,243$39,239$0$490,482
Office Expenses$276,905$111,901$0$388,806
Other Employee Benefits$264,599$29,295$0$293,894
Fees for Services Other$201,551$27,070$0$228,621
Payroll Taxes$176,039$43,977$0$220,016
Pension Plan Contributions$82,482$16,699$0$99,181
Other Expenses$64,800$0$0$64,800
Travel$53,834$2,899$0$56,733
Current Officers, Directors, Trustees, and Key Employees$0$51,139$0$51,139
Fees for Services Accounting$0$36,181$0$36,181
Advertising$0$29,313$0$29,313
Fees for Services Legal$0$11,268$0$11,268
Insurance$0$6,916$0$6,916
Information Technology$0$2,258$0$2,258
Interest$0$1,099$0$1,099
Total Functional Expenses$6,593,903$1,200,143$0$7,794,046

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,794,046
Total Expenses per Audited Statements$7,794,046
Total Expenses per Form 990$7,794,046
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
Capital Leases Payable$146,481

Bond Issues

BondIssuerIssuedIssue PricePurpose
AIda of City of Phoenix Arizona2012-10-11$13,970,195SCHOOL FACILITIES
BIda of City of Phoenix Arizona2012-10-11$2,105,000SCHOOL FACILITIES

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$13,970,195--$551,800
B$2,105,000--$42,100

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Choice Academies Inc
EIN
20-8809933
Phone
6029385517
Address
2323 WEST PARKSIDE LANE, PHOENIX, AZ 85027

Signing Officer

Name
Lisa Fink
Title
President
Phone
6029385517
Signed
2017-01-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Fink
Formed
2009
Legal Domicile
Az
Voting Board Members
4
Independent Board Members
4
Employees
211
Volunteers
85

Preparer

Firm
John C Todd II PC
Address
21630 N 19th Ave, Phoenix, AZ 85027
Preparer
John C Todd Ii
Phone
6235818117
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The return was prepared by an external accounting firm and reviewed by the board prior to filing.”

Pt VI, Line 12C

“The organization has all board members sign a conflict of interest policy asknowledgement form on an annual basis. Additionally, the board is provided a check register on a monthly basis for review and are asked to disclose any relationship with any of the oranizations the school has paid.”

Pt VI, Line 19

“AVAILABLE UPON REQUEST.”

Financial Statement Notes

Pt XI, Line 2D

“Decrease in temporarily restricted net assets”

Raw XML AppendixShowing 400 of 531 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/BOYAmt0529160
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0544218
IRS990/AccountsReceivableGrp/BOYAmt060806
IRS990/AccountsReceivableGrp/EOYAmt0103934
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CHOICE ACADEMIES IS COMITTED TO PROVIDING A TRADITIONAL, BACK-TO-BASICS EDUCATION WITHIN A FRAMEWORK OF HIGH STANDARDS AND HIGH EXPECTATIONS IN A SAFE ENVIRONMENT. ITS PURPOSE IS TO PROVIDE STUDENTS WITH A STRONG FOUNDATION OF KNOWLEDGE, TO TEACH CRITICAL THINKING AND TO DEVELOP GOOD CITIZENSHIP AND LEADERSHIP SKILLS.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt029313
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt029313
IRS990/AllOtherContributionsAmt0108678
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0AUDRA WILSON-SMITH
IRS990/BooksInCareOfDetail/PhoneNum06029385517
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02323 PARKSIDE LN
IRS990/BooksInCareOfDetail/USAddress/CityNm0PHOENIX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd085027
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0443413
IRS990/CashNonInterestBearingGrp/EOYAmt0381287
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt051139
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt051139
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0108678
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02208
IRS990/CYOtherExpensesAmt03521157
IRS990/CYOtherRevenueAmt0841948
IRS990/CYProgramServiceRevenueAmt06942474
IRS990/CYRevenuesLessExpensesAmt0101262
IRS990/CYSalariesCompEmpBnftPaidAmt04272889
IRS990/CYTotalExpensesAmt07794046
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07895308
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0141697
IRS990/DeferredRevenueGrp/EOYAmt0176655
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt039239
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0451243
IRS990/DepreciationDepletionGrp/TotalAmt0490482
IRS990/Desc0THE SCHOOL IS COMITTED TO PROVIDING A TRADITIONAL, BACK-TO-BASICS EDUCATION WITHIN A FRAMEWORK OF HIGH STANDARDS AND HIGH EXPECTATIONS IN A SAFE ENVIRONMENT. ITS PURPOSE IS TO PROVIDE STUDENTS WITH A STRONG FOUNDATION OF KNOWLEDGE, TO TEACH CRITICAL THINKING AND TO DEVELOP GOOD CITIZENSHIP AND LEADERSHIP SKILLS. CHOICE ACADEMIES STRIVES TO BECOME NATIONALLY COMPETITIVE BY ACHIEVING ITS OBJECTIVES THROUGH SEQUENTIAL INCREASE IN KNOWLEDGE AND STUDENT ACCOUNTABILITY, HIGHLY TRAINED TEACHERS AND STRONG PARENTAL INVOLVEMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0211
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt05913615
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt036181
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt036181
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt011268
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt011268
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt027070
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0201551
IRS990/FeesForServicesOtherGrp/TotalAmt0228621
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt46927
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt610013
IRS990/Form990PartVIISectionAGrp/PersonNm0LISA FINK
IRS990/Form990PartVIISectionAGrp/PersonNm1SUNDHAR SUBRAMANIAN
IRS990/Form990PartVIISectionAGrp/PersonNm2RAY MALNAR
IRS990/Form990PartVIISectionAGrp/PersonNm3MARCUS KELLEY
IRS990/Form990PartVIISectionAGrp/PersonNm4KARLA JOHNSTONBAUGH
IRS990/Form990PartVIISectionAGrp/PersonNm5AUDRA WILSON-SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm6SHARON MALONE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt442859
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt696920
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BUSINESS ADMINISTRATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BUSINESS ADMINISTRATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRINCIPAL CONSULTANT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt07895308
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02258
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt02258
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt06916
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt06916
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt01099
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt01099
IRS990/InvestmentIncomeGrp/ExclusionAmt02208
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02208
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01675832
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013804554
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013537177
IRS990/LandBldgEquipCostOrOtherBssAmt015213009
IRS990/LegalDomicileStateCd0AZ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CHOICE ACADEMIES IS COMITTED TO PROVIDING A TRADITIONAL,
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt014352320
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt014172271
IRS990/NetAssetsOrFundBalancesBOYAmt01531961
IRS990/NetAssetsOrFundBalancesEOYAmt01633223
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0172219
IRS990/OccupancyGrp/ProgramServicesAmt01868188
IRS990/OccupancyGrp/TotalAmt02040407
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0111901
IRS990/OfficeExpensesGrp/ProgramServicesAmt0276905
IRS990/OfficeExpensesGrp/TotalAmt0388806
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0384037
IRS990/OtherAssetsTotalGrp/EOYAmt0371063
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt029295
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0264599
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0293894
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1DUES AND FEES
IRS990/OtherExpensesGrp/Desc2STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110914
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt0153359
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt264800
IRS990/OtherExpensesGrp/TotalAmt0153359
IRS990/OtherExpensesGrp/TotalAmt110914
IRS990/OtherExpensesGrp/TotalAmt264800
IRS990/OtherLiabilitiesGrp/BOYAmt0201600
IRS990/OtherLiabilitiesGrp/EOYAmt0146481
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0AUXILIARY
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0841948
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0841948
IRS990/OtherRevenueTotalAmt0841948
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0607756
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03000903
IRS990/OtherSalariesAndWagesGrp/TotalAmt03608659
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt043977
IRS990/PayrollTaxesGrp/ProgramServicesAmt0176039
IRS990/PayrollTaxesGrp/TotalAmt0220016
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt016699
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt082482
IRS990/PensionPlanContributionsGrp/TotalAmt099181
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0270179
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0167299
IRS990/PrincipalOfficerNm0LISA FINK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0GOVERNMENTAL
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SALES
IRS990/ProgramServiceRevenueGrp/Desc2PRESCHOOL
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05859730
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1131569
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2951175
IRS990/ProgSrvcAccomActy2Grp/Desc0PRESCHOOL CURRICULUM THAT IS DESIGNED TO EXTEND A CHILD'S UNDERSTANDING AND ACCLIMATION TO THE WORLD AROUND THEM, THE CLASSROOM OFFERS CHILDREN THE CHANCE TO OBTAIN THIS UNDERSTANDING AND ADJUSTMENT. CHILDREN WILL BE CHALLENGED TO ACHIEVE THE HIGHEST STANDARDS IN THEIR STUDIES, IN THEIR PLAY AND IN THEIR CHARACTER.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0680288
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0971175
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0130125
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02584
IRS990/PYOtherExpensesAmt03271228
IRS990/PYOtherRevenueAmt0761745
IRS990/PYProgramServiceRevenueAmt06522713
IRS990/PYRevenuesLessExpensesAmt0267019
IRS990/PYSalariesCompEmpBnftPaidAmt03878920
IRS990/PYTotalExpensesAmt07150148
IRS990/PYTotalRevenueAmt07417167
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0101262
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05991299
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01793749
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02112088
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt010306955
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01006661
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011313616
IRS990ScheduleD/EquipmentGrp/BookValueAmt0578794
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0533310
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01112104
IRS990ScheduleD/ExpensesSubtotalAmt07794046
IRS990ScheduleD/LandGrp/BookValueAmt02144854
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02144854
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt096489
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt025212
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0121701
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0410085
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0110649
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0520734
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0146481
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASES PAYABLE
IRS990ScheduleD/OtherRevenueAmt018439
IRS990ScheduleD/RevenueNotReportedAmt018439
IRS990ScheduleD/RevenueSubtotalAmt07895308
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DECREASE IN TEMPORARILY RESTRICTED NET ASSETS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013537177
IRS990ScheduleD/TotalExpensesPerForm990Amt07794046
IRS990ScheduleD/TotalLiabilityAmt0146481
IRS990ScheduleD/TotalRevenuePerForm990Amt07895308
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07913747
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07794046
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/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PUBLISHED ANNUALLY IN HANDBOOK PUBLISHED ANNUALLY IN HANDBOOK
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES FINANCIAL SUPPORT AND GRANTS FROM THE UNITED STATES DEPARTMENT OF EDUCATION AND THE ARIZONA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0true
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd1true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd1true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd1true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02012-10-11
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12012-10-11
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0522038405
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1522038405
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum071885FBD8
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum171885FBB2
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt013970195
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt12105000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0IDA OF CITY OF PHOENIX ARIZONA
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1IDA OF CITY OF PHOENIX ARIZONA
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0SCHOOL FACILITIES
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1SCHOOL FACILITIES
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,672,848
Liabilities
$15,039,625
Net assets
$1,633,223
Revenue
$7,895,308
Expenses
$7,794,046
Net income
$101,262
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$17.4$13.9$3.54$7.08$6.87$0.21
2024Detailed filing. Detailed filing data is available for this year.$17.5$14.1$3.32$7.66$6.90$0.75
2023Detailed filing. Detailed filing data is available for this year.$17.0$14.4$2.57$8.15$7.46$0.69
2022Detailed filing. Detailed filing data is available for this year.$16.1$14.2$1.88$7.02$6.66$0.36
2021Detailed filing. Detailed filing data is available for this year.$16.4$14.9$1.52$5.82$5.89$0.07
2020Detailed filing. Detailed filing data is available for this year.$16.9$15.3$1.59$7.15$6.47$0.68
2019Detailed filing. Detailed filing data is available for this year.$16.9$16.0$0.91$7.43$7.96$0.53
2018Detailed filing. Detailed filing data is available for this year.$17.0$15.7$1.30$7.81$8.28$0.47
2017Detailed filing. Detailed filing data is available for this year.$16.5$14.8$1.78$8.53$8.39$0.14
2016Detailed filing. Detailed filing data is available for this year.$16.7$15.0$1.63$7.90$7.79$0.10
2015Detailed filing. Detailed filing data is available for this year.$16.8$15.2$1.53$7.42$7.15$0.27
2014Detailed filing. Detailed filing data is available for this year.$16.8$15.5$1.26$6.70$6.33$0.38
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.0$16.1$0.89$4.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.48$0.83$3.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.25$0.48$2.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.09$0.22$1.63