Civic Intelligence

Choice Academies Inc.

990 • Fiscal year 2020 • EIN 20-8809933

Jul 01, 2019 to Jun 30, 2020 • Filed on May 11, 2021

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

90th percentile

0.91x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

2.14x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

63rd percentile

9.5%

Higher net margin than 63% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

26th percentile

$108,659

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

26th percentile

-0.1%

Faster asset growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

36th percentile

-3.8%

Faster revenue growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Down

$16,892,839

Down $15,905 (-0.1%) from 2019

Net Assets

Up

$1,586,343

Up $680,319 (+75%) from 2019

Liabilities

Down

$15,306,496

Down $696,224 (-4.4%) from 2019

Revenue

Down

$7,150,966

Down $281,424 (-3.8%) from 2019

Expenses

Down

$6,470,647

Down $1,493,978 (-19%) from 2019

Net Income

Up

$680,319

Up $1,212,554 (+228%) from 2019

Historical Trend

Balance Sheet Trend

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

2020

Assets$16,892,839
Liabilities$15,306,496
Net Assets$1,586,343

Operations Trend

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

2020

Revenue$7,150,966
Expenses$6,470,647
Net Income$680,319
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 11, 2021
Return Version
2019v5.2
Gross Receipts
$7,150,966
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,175,761$11,782,152▼ $393,609
Savings and Temporary Cash Investments$2,355,558$2,726,542▲ $370,984
Cash and Non-Interest-Bearing Accounts$2,210,928$2,175,629▼ $35,299
Prepaid Expenses and Deferred Charges$71,792$155,742▲ $83,950
Accounts Receivable$93,013$52,774▼ $40,239
Total Assets$16,908,744$16,892,839▼ $15,905
Other Assets Total$1,692$0▼ $1,692
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,751,947$14,472,134▼ $279,813
Accounts Payable and Accrued Expenses$1,212,288$814,380▼ $397,908
Deferred Revenue$38,485$19,982▼ $18,503
Total Liabilities$16,002,720$15,306,496▼ $696,224
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$868,450$1,549,781▲ $681,331
Net Assets With Donor Restrictions$37,574$36,562▼ $1,012
Total Net Assets Fund Balance$906,024$1,586,343▲ $680,319
Total Liabilities and Net Assets / Fund Balance$16,908,744$16,892,839▼ $15,905

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,233,187$2,154,450$11,387,637
Land$2,144,854-$2,144,854
Equipment$160,685$813,130$973,815
Leasehold Improvements$243,426$325,331$568,757
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Audra Wison-smithBusiness AdministratorFT$97,557$11,102$108,659

Board Members and Trustees

NameTitle
Lisa FinkPresident
Brent GarrettDirector
David WestonDirector
Ray MalnarDirector
Tom MccauleyDirector
Marcus KelleySecretary
Judd LewisTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Integrated Education ServicesSpecial Education Services13835 NORTH TATUM BLVD 9-415, Phoenix, AZ 85032$116,760
Openworks INCJanitorial Services4742 NORTH 24TH STREET SUITE 450, Phoenix, AZ 85016$112,156
Revenue and Support

Revenue Composition

Contributions and Grants
$58,255
Program Service Revenue
$7,059,290
Investment Income
$29,466
Other Revenue
$3,955
All Other Contributions
$58,255
Change in Net Assets
$680,319
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,021,994
Other Expenses$2,448,653
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,804,654$555,589-$3,360,243
Interest$736,598$100,445-$837,043
Depreciation Depletion$353,962$48,267-$402,229
Other Employee Benefits$242,459$33,568-$276,027
Fees for Services Other$185,842$27,835-$213,677
Payroll Taxes$167,791$43,036-$210,827
Occupancy$135,590$14,812-$150,402
Insurance$97,593$13,308-$110,901
Current Officers, Directors, Trustees, and Key Employees-$110,415-$110,415
Pension Plan Contributions$50,164$14,318-$64,482
Travel$50,750--$50,750
Fees for Services Accounting-$48,250-$48,250
Other Expenses$0$46,285-$46,285
Advertising$38,536--$38,536
Office Expenses$19,857$2,188-$22,045
Fees for Services Legal-$21,717-$21,717
All Other Expenses$6,446$9,841-$16,287
Total Functional Expenses$5,324,001$1,146,646$0$6,470,647
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

Bond Issues

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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Board will review and approve 990 before filing.

Form 990, Part VI, Section B, Line 12C

All board members are required to sign a conflict of interest policy acknowledgement 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 organizations the school has paid.

Form 990, Part VI, Section C, Line 19

The organization makes its documents available upon request.

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
2021-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Fink
Formed
2009
Legal Domicile
Az
Voting Board Members
7
Independent Board Members
7
Employees
195
Volunteers
7

Preparer

Firm
Henry & Horne Llp
Address
2055 E WARNER ROAD SUITE 101, TEMPE, AZ 85284
Preparer
Colette Kamps CPA
Phone
4808394900
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The orgranization has not changed its process from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization recognizes uncertainty in income taxes in the consolidated financial statements when it is more likely than not that the net position will not be sustained upon examination by the tax authorities. As of june 30, 2020, the organization had no uncertain tax positions that qualify for either recognition or disclosure in the consolidated financial statements.

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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.
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IRS990/Desc0CHOICE ACADEMIES, INC. ("CHARTER SCHOOL") IS AN ARIZONA NON-PROFIT CORPORATION ESTABLISHED IN 2009 TO OPERATE A CHARTER SCHOOL OFFERING A TRADITIONAL, BACK-TO BASICS EDUCATION WITHIN A FRAMEWORK OF HIGH STANDARDS AND HIGH EXPECTATIONS IN A SAFE ENVIRONMENT. THE CHARTER SCHOOL OPERATES UNDER A 15- YEAR CHARTER CONTRACT THROUGH 2024 WITH THE ARIZONA STATE BOARD FOR CHARTER SCHOOLS, WHICH MANDATES POLICY AND OPERATIONAL GUIDELINES. THE CHARTER SCHOOL PROVIDES EDUCATIONAL SERVICES TO APPROXIMATELY 990 CHARTER SCHOOL STUDENTS IN KINDERGARTEN THROUGH TWELFTH GRADES IN PHOENIX, ARIZONA, AND IS FUNDED PRIMARILY THROUGH STATE EQUALIZATION ASSISTANCE. THE PURPOSE OF THE CHARTER SCHOOL IS TO PROVIDE STUDENTS WITH A STRONG FOUNDATION OF KNOWLEDGE, TO EACH 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.
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt011782152
IRS990/LandBldgEquipCostOrOtherBssAmt015075063
IRS990/LegalDomicileStateCd0AZ
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CHOICE 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/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt014751947
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt014472134
IRS990/NetAssetsOrFundBalancesBOYAmt0906024
IRS990/NetAssetsOrFundBalancesEOYAmt01586343
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt075
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt075
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt03880
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03880
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0868450
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01549781
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt014812
IRS990/OccupancyGrp/ProgramServicesAmt0135590
IRS990/OccupancyGrp/TotalAmt0150402
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02188
IRS990/OfficeExpensesGrp/ProgramServicesAmt019857
IRS990/OfficeExpensesGrp/TotalAmt022045
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01692
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt033568
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0242459
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0276027
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2FOOD SERVICE
IRS990/OtherExpensesGrp/Desc3DUES AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt037611
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt119161
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt346285
IRS990/OtherExpensesGrp/ProgramServicesAmt0238157
IRS990/OtherExpensesGrp/ProgramServicesAmt1140514
IRS990/OtherExpensesGrp/ProgramServicesAmt255088
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt0275768
IRS990/OtherExpensesGrp/TotalAmt1159675
IRS990/OtherExpensesGrp/TotalAmt255088
IRS990/OtherExpensesGrp/TotalAmt346285
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0555589
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02804654
IRS990/OtherSalariesAndWagesGrp/TotalAmt03360243
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt043036
IRS990/PayrollTaxesGrp/ProgramServicesAmt0167791
IRS990/PayrollTaxesGrp/TotalAmt0210827
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt014318
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt050164
IRS990/PensionPlanContributionsGrp/TotalAmt064482
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt071792
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0155742
IRS990/PrincipalOfficerNm0LISA FINK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0GOVERNMENTAL
IRS990/ProgramServiceRevenueGrp/Desc1PRESCHOOL
IRS990/ProgramServiceRevenueGrp/Desc2AFTER CARE PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc3FOOD SALES
IRS990/ProgramServiceRevenueGrp/Desc4OTHER PROGRAM SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06159634
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1548178
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2211259
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt379714
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt460505
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06159634
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1548178
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2211259
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt379714
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt460505
IRS990/ProgSrvcAccomActy2Grp/Desc0CHOICE SERVICES, LLC ("PRESCHOOL") COMMENCED OPERATIONS OF THE PRESCHOOL IN SEPTEMBER 2012. CHOICE SERVICES, LLC IS AN ARIZONA LIMITED LIABILITY COMPANY, THE SOLE MEMBER OF WHICH IS THE CHARTER SCHOOL AND, ACCORDINGLY, IS ULTIMATELY CONTROLLED BY THE CHARTER SCHOOL'S BOARD OF DIRECTORS. THE PRESCHOOL CURRICULUM IS DESIGNED TO EXTEND A CHILD'S UNDERSTANDING AND ACCLIMATION TO THE WORLD AROUND THEM. THE CLASSROOM OFFERS CHILDREN THE CHANGE TO OBTAIN THIS UNDERSTANDING AND ADJUSTMENT. CHILDREN ARE CHALLENGED TO ACHIEVE THE HIGHEST STANDARDS IN THEIR STUDIES, IN THEIR PLAY, AND IN THEIR CHARACTER.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0519473
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0739502
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0109786
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-365796
IRS990/PYOtherExpensesAmt03247022
IRS990/PYOtherRevenueAmt084009
IRS990/PYProgramServiceRevenueAmt07604391
IRS990/PYRevenuesLessExpensesAmt0-532235
IRS990/PYSalariesCompEmpBnftPaidAmt04717603
IRS990/PYTotalExpensesAmt07964625
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07432390
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0680319
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt03880
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06323743
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02355558
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02726542
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt09233187
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02154450
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011387637
IRS990ScheduleD/EquipmentGrp/BookValueAmt0160685
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0813130
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0973815
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02144854
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02144854
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0243426
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0325331
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0568757
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECOGNIZES UNCERTAINTY IN INCOME TAXES IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THAT THE NET POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF JUNE 30, 2020, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011782152
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PUBLISHED 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/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd10
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0ISSUER NAME: IDA CITY OF PHOENIX ARIZONA DATE THE REBATE COMPUTATION WAS PERFORMED: 08/28/2017
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0DATE REBATE COMPUTATION PERFORMED
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd11

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Filings

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