Civic Intelligence

Choice Academies Inc.

990 • Fiscal year 2017 • EIN 20-8809933

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 14, 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

0.89x

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

1.73x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

45th percentile

1.7%

Higher net margin than 45% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

17th percentile

$74,736

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

28th percentile

-0.8%

Faster asset growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

59th percentile

8.1%

Faster revenue growth than 59% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$16,534,029

Down $138,819 (-0.8%) from 2016

Net Assets

Up

$1,775,952

Up $142,729 (+8.7%) from 2016

Liabilities

Down

$14,758,077

Down $281,548 (-1.9%) from 2016

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin45th percentile

Revenue

Up

$8,534,659

Up $639,351 (+8.1%) from 2016

Expenses

Up

$8,391,930

Up $597,884 (+7.7%) from 2016

Net Income

Up

$142,729

Up $41,467 (+41%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth28th 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

2017

Assets$16,534,029
Liabilities$14,758,077
Net Assets$1,775,952
Open 2017 Filing

Operations Trend

Revenue Growth59th 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

2017

Revenue$8,534,659
Expenses$8,391,930
Net Income$142,729
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$8,534,659
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$13,537,177$13,146,432▼ $390,745
Savings and Temporary Cash Investments$2,112,088$2,699,687▲ $587,599
Prepaid Expenses and Deferred Charges$167,299$212,301▲ $45,002
Cash and Non-Interest-Bearing Accounts$381,287$152,285▼ $229,002
Accounts Receivable$103,934$21,431▼ $82,503
Total Assets$16,672,848$16,534,029▼ $138,819
Other Assets Total$371,063$301,893▼ $69,170
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,172,271$13,937,754▼ $234,517
Accounts Payable and Accrued Expenses$544,218$587,922▲ $43,704
Deferred Revenue$176,655$152,308▼ $24,347
Other Liabilities$146,481$80,093▼ $66,388
Total Liabilities$15,039,625$14,758,077▼ $281,548
Net Assets / Fund Balance
Unrestricted Net Assets$1,625,399$1,742,647▲ $117,248
Temporarily Rstr Net Assets$7,824$33,305▲ $25,481
Total Net Assets Fund Balance$1,633,223$1,775,952▲ $142,729
Total Liabilities and Net Assets / Fund Balance$16,672,848$16,534,029▼ $138,819

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,090,756$1,293,827$11,384,583
Land$2,144,854-$2,144,854
Equipment$475,203$663,123$1,138,326
Other Land Buildings$359,949$160,785$520,734
Leasehold Improvements$75,670$52,880$128,550
Compensation and Service Providers
Top Officer Pay17th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Audra Wilson-smithBusiness AdministratorFT$68,121$6,615$74,736

Board Members and Trustees

NameTitle
Lisa FinkPresident
Marcus KelleyMember
Ray MalnarMember
Thomas MccauleyMember
Sundhar SubramanianTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$117,471
Program Service Revenue
$7,612,651
Investment Income
$0
Other Revenue
$804,537
All Other Contributions
$117,471
Change in Net Assets
$142,729

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,534,659
Revenue Not Reported on Form 990
$-25,481
Total Revenue per Audited Statements
$8,509,178
Total Revenue per Form 990
$8,534,659
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,846,656
Other Expenses$3,545,274
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,384,591$652,828$0$4,037,419
Occupancy$1,903,836$178,053$0$2,081,889
Depreciation Depletion$469,817$40,854$0$510,671
Office Expenses$238,365$158,144$0$396,509
Payroll Taxes$282,950$51,865$0$334,815
Other Employee Benefits$257,075$40,847$0$297,922
Fees for Services Other$166,823$26,195$0$193,018
Current Officers, Directors, Trustees, and Key Employees$0$93,372$0$93,372
Pension Plan Contributions$64,084$19,044$0$83,128
Information Technology$51,865$12,003$0$63,868
Other Expenses$60,861$0$0$60,861
Fees for Services Accounting$0$30,675$0$30,675
Travel$26,628$654$0$27,282
Advertising$0$14,105$0$14,105
Fees for Services Legal$0$2,366$0$2,366
Interest$0$898$0$898
Total Functional Expenses$7,061,591$1,330,339$0$8,391,930

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,391,930
Total Expenses per Audited Statements$8,391,930
Total Expenses per Form 990$8,391,930
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$80,093

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
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
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
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Fink
Formed
2009
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
5
Employees
233
Volunteers
85

Preparer

Firm
John C Todd II PC
Address
21630 N 19th Ave Ste B5, 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

“Increase in temporarily restricted net assets”

Raw XML AppendixShowing 400 of 532 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18436
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt0154696
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt260861
IRS990/OtherExpensesGrp/TotalAmt0154696
IRS990/OtherExpensesGrp/TotalAmt18436
IRS990/OtherExpensesGrp/TotalAmt260861
IRS990/OtherLiabilitiesGrp/BOYAmt0146481
IRS990/OtherLiabilitiesGrp/EOYAmt080093
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0AUXILIARY
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0804537
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0804537
IRS990/OtherRevenueTotalAmt0804537
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0652828
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03384591
IRS990/OtherSalariesAndWagesGrp/TotalAmt04037419
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt051865
IRS990/PayrollTaxesGrp/ProgramServicesAmt0282950
IRS990/PayrollTaxesGrp/TotalAmt0334815
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt019044
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt064084
IRS990/PensionPlanContributionsGrp/TotalAmt083128
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0167299
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0212301
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/TotalRevenueColumnAmt06576679
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1121306
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2914666
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/ExpenseAmt0745288
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0914666
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0108678
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02208
IRS990/PYOtherExpensesAmt03521157
IRS990/PYOtherRevenueAmt0841948
IRS990/PYProgramServiceRevenueAmt06942474
IRS990/PYRevenuesLessExpensesAmt0101262
IRS990/PYSalariesCompEmpBnftPaidAmt04272889
IRS990/PYTotalExpensesAmt07794046
IRS990/PYTotalRevenueAmt07895308
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0142729
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt06697985
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02112088
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02699687
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt010090756
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01293827
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011384583
IRS990ScheduleD/EquipmentGrp/BookValueAmt0475203
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0663123
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01138326
IRS990ScheduleD/ExpensesSubtotalAmt08391930
IRS990ScheduleD/LandGrp/BookValueAmt02144854
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02144854
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt075670
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt052880
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0128550
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0359949
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0160785
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0520734
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt080093
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASES PAYABLE
IRS990ScheduleD/OtherRevenueAmt0-25481
IRS990ScheduleD/RevenueNotReportedAmt0-25481
IRS990ScheduleD/RevenueSubtotalAmt08534659
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCREASE IN TEMPORARILY RESTRICTED NET ASSETS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013146432
IRS990ScheduleD/TotalExpensesPerForm990Amt08391930
IRS990ScheduleD/TotalLiabilityAmt080093
IRS990ScheduleD/TotalRevenuePerForm990Amt08534659
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08509178
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08391930
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/SupplementalInformationDetail/ExplanationTxt0A REBATE CALCULATION WAS COMPLETED ON AUGUST 28, 2017.
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1A REBATE CALCULATION WAS COMPLETED ON AUGUST 28, 2017.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt IV ln 2c A
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt IV ln 2c B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
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/NoRebateDueInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd1true
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
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd1true
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd1false

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,534,029
Liabilities
$14,758,077
Net assets
$1,775,952
Revenue
$8,534,659
Expenses
$8,391,930
Net income
$142,729
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