Civic Intelligence

Thales Academy

990 • Fiscal year 2013 • EIN 20-8920342

Jul 01, 2012 to Jun 30, 2013 • Filed on May 06, 2014

Organization ProfileWWW.THALESACADEMY.ORG
4641 Paragon Park RoadSuite27616
Siviq Scores

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

Liabilities / Assets

90th percentile

0.89x

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

2013 filings • NTEE B • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

72nd percentile

9.5%

Faster asset growth than 72% of similar nonprofits.

2013 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$19,585,796

Up $1,706,922 (+9.5%) from 2012

Net Assets

Down

$2,179,661

Down $265,763 (-11%) from 2012

Liabilities

Up

$17,406,135

Up $1,972,685 (+13%) from 2012

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$6,086,086

Up $981,323 (+19%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

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

$200M$150M$100M$50M$0Assets 2011: $16,437,510Liabilities 2011: $15,492,559Net Assets 2011: $944,9512011Assets 2012: $17,878,874Liabilities 2012: $15,433,450Net Assets 2012: $2,445,4242012Assets 2013: $19,585,796Liabilities 2013: $17,406,135Net Assets 2013: $2,179,6612013Assets 2014: $26,350,263Liabilities 2014: $19,719,020Net Assets 2014: $6,631,2432014Assets 2015: $35,309,363Liabilities 2015: $24,697,030Net Assets 2015: $10,612,3332015Assets 2016: $41,614,175Liabilities 2016: $29,175,871Net Assets 2016: $12,438,3042016Assets 2017: $44,255,533Liabilities 2017: $28,565,634Net Assets 2017: $15,689,8992017Assets 2018: $68,361,699Liabilities 2018: $33,855,028Net Assets 2018: $34,506,6712018Assets 2019: $97,936,432Liabilities 2019: $26,777,685Net Assets 2019: $71,158,7472019Assets 2020: $101,220,882Liabilities 2020: $37,173,716Net Assets 2020: $64,047,1662020Assets 2021: $136,454,160Liabilities 2021: $38,223,409Net Assets 2021: $98,230,7512021Assets 2022: $156,547,178Liabilities 2022: $40,814,658Net Assets 2022: $115,732,5202022Assets 2023: $158,100,610Liabilities 2023: $37,771,351Net Assets 2023: $120,329,2592023Assets 2024: $184,183,775Liabilities 2024: $40,038,177Net Assets 2024: $144,145,5982024

Highlighted filing

2013

Assets$19,585,796
Liabilities$17,406,135
Net Assets$2,179,661
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$80M$60M$40M$20M$0-$20MExpenses 2011: $4,014,7572011Expenses 2012: $5,104,7632012Expenses 2013: $6,086,0862013Revenue 2014: $11,633,633Expenses 2014: $7,182,051Net Income 2014: $4,451,5822014Revenue 2015: $13,737,675Expenses 2015: $9,756,585Net Income 2015: $3,981,0902015Revenue 2016: $14,521,631Expenses 2016: $12,695,660Net Income 2016: $1,825,9712016Revenue 2017: $18,515,814Expenses 2017: $15,264,219Net Income 2017: $3,251,5952017Revenue 2018: $36,289,807Expenses 2018: $18,281,882Net Income 2018: $18,007,9252018Revenue 2019: $57,196,114Expenses 2019: $21,057,204Net Income 2019: $36,138,9102019Revenue 2020: $18,592,138Expenses 2020: $23,267,652Net Income 2020: -$4,675,5142020Revenue 2021: $55,473,682Expenses 2021: $27,296,986Net Income 2021: $28,176,6962021Revenue 2022: $53,403,024Expenses 2022: $32,633,017Net Income 2022: $20,770,0072022Revenue 2023: $43,462,367Expenses 2023: $41,602,603Net Income 2023: $1,859,7642023Revenue 2024: $71,208,122Expenses 2024: $47,916,851Net Income 2024: $23,291,2712024

Highlighted filing

2013

Revenue-
Expenses$6,086,086
Net Income-
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 6, 2014
Return Version
2012v2.3
Gross Receipts
$5,820,323
Mission and Program Overview

Mission

Thales academy is an independent school serving students from pre-kindergarten to twelfth grade.

Filing and Contact Details

Filer

EIN
20-8920342
Raw XML AppendixShowing 400 of 569 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/AccountantCompileOrReview0false
IRS990/AccountsPayableAccruedExpenses/BOY0352771
IRS990/AccountsPayableAccruedExpenses/EOY01331835
IRS990/AccountsReceivable/BOY0211183
IRS990/AccountsReceivable/EOY0133491
IRS990/ActivitiesConductedPartnership0false
IRS990/ActivityOrMissionDescription0THALES ACADEMY IS AN INDEPENDENT SCHOOL SERVING GRADES KINDERGARTEN THROUGH EIGHT.
IRS990/AddressPrincipalOfficerUS/AddressLine104641 PARAGON PARK ROAD
IRS990/AddressPrincipalOfficerUS/City0RALEIGH
IRS990/AddressPrincipalOfficerUS/State0NC
IRS990/AddressPrincipalOfficerUS/ZIPCode027616
IRS990/Advertising/Total00
IRS990/AllOtherContributions0358919
IRS990/AllOtherExpenses/ManagementAndGeneral01373
IRS990/AllOtherExpenses/ProgramServices06531
IRS990/AllOtherExpenses/Total07904
IRS990/AnnualDisclosureCoveredPersons0true
IRS990/AuditCommittee0true
IRS990/BenefitsPaidToMembersCY00
IRS990/BenefitsPaidToMembersPriorYear00
IRS990/BenefitsToMembers/Total00
IRS990/BsnssRltnshpThruFamilyMember0false
IRS990/BsnssRltnshpWithOrganization0false
IRS990/CashNonInterestBearing/BOY0388455
IRS990/CashNonInterestBearing/EOY041332
IRS990/ChangesToOrganizingDocs0false
IRS990/CollectionsOfArt0false
IRS990/CompCurrentOfficersDirectors/ManagementAndGeneral075261
IRS990/CompCurrentOfficersDirectors/ProgramServices075261
IRS990/CompCurrentOfficersDirectors/Total0150522
IRS990/CompDisqualPersons/Total00
IRS990/CompensationFromOtherSources0false
IRS990/CompensationProcessCEO0true
IRS990/CompensationProcessOther0true
IRS990/ComplianceWithBackupWitholding0true
IRS990/ConferencesMeetings/Total00
IRS990/ConflictOfInterestPolicy0true
IRS990/ConservationEasements0false
IRS990/ConsolidatedAuditFinancialStmt0false
IRS990/ContributionsGrantsCurrentYear0358919
IRS990/ContributionsGrantsPriorYear02156220
IRS990/CreditCounseling0false
IRS990/DecisionsSubjectToApproval0false
IRS990/DeductibleContributionsOfArt0false
IRS990/DeductibleNonCashContributions0false
IRS990/DeferredRevenue/BOY00
IRS990/DeferredRevenue/EOY00
IRS990/DelegationOfManagementDuties0false
IRS990/DepreciationDepletion/ManagementAndGeneral017095
IRS990/DepreciationDepletion/ProgramServices0772864
IRS990/DepreciationDepletion/Total0789959
IRS990/DescribedIn501C30true
IRS990/Description0OPERATED SCHOOL FACILITIES IN APEX, WAKE FOREST, AND RALEIGH, NORTH CAROLINA, WHICH HAVE THE COMBINED CAPACITY TO HOUSE 1,275 STUDENTS.
IRS990/DisregardedEntity0false
IRS990/DocumentRetentionPolicy0true
IRS990/DonorAdvisedFunds0false
IRS990/ElectionOfBoardMembers0false
IRS990/EmploymentTaxReturnsFiled0true
IRS990/EscrowAccount0false
IRS990/EscrowAccountLiability/BOY00
IRS990/EscrowAccountLiability/EOY00
IRS990/ExcessBenefitTransaction0false
IRS990/Expense05759370
IRS990/FamilyOrBusinessRelationship0false
IRS990/FederalGrantAuditRequired0false
IRS990/FeesForServicesAccounting/ManagementAndGeneral09130
IRS990/FeesForServicesAccounting/Total09130
IRS990/FeesForServicesInvstMgmntFees/Total00
IRS990/FeesForServicesLegal/ManagementAndGeneral01937
IRS990/FeesForServicesLegal/Total01937
IRS990/FeesForServicesLobbying/Total00
IRS990/FeesForServicesManagement/ManagementAndGeneral035806
IRS990/FeesForServicesManagement/Total035806
IRS990/FeesForServicesOther/ManagementAndGeneral06319
IRS990/FeesForServicesOther/ProgramServices053215
IRS990/FeesForServicesOther/Total059534
IRS990/FeesForServicesProfFundraising/Total00
IRS990/FollowSFAS1170X
IRS990/ForeignActivities0false
IRS990/ForeignFinancialAccount0false
IRS990/ForeignGrants/Total00
IRS990/ForeignOffice0false
IRS990/Form8282PropertyDisposedOf0false
IRS990/Form990PartVIISectionA/AverageHoursPerWeek02.0
IRS990/Form990PartVIISectionA/AverageHoursPerWeek12.0
IRS990/Form990PartVIISectionA/AverageHoursPerWeek22.0
IRS990/Form990PartVIISectionA/AverageHoursPerWeek32.0
IRS990/Form990PartVIISectionA/AverageHoursPerWeek440.0
IRS990/Form990PartVIISectionA/AverageHoursPerWeek540.0
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/NamePerson0ROBERT L LUDDY
IRS990/Form990PartVIISectionA/NamePerson1WILLIAM H FRANCIS JR
IRS990/Form990PartVIISectionA/NamePerson2KENT MISEGADES
IRS990/Form990PartVIISectionA/NamePerson3JUDY A NUNNENKAMP
IRS990/Form990PartVIISectionA/NamePerson4CARRIE S LAMBERT
IRS990/Form990PartVIISectionA/NamePerson5HILARY HILLMAN
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/Officer4X
IRS990/Form990PartVIISectionA/OtherCompensation010295
IRS990/Form990PartVIISectionA/OtherCompensation15914
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization069898
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization161046
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/Title0PRESIDENT & CHAIR
IRS990/Form990PartVIISectionA/Title1SECRETARY-TREASURER
IRS990/Form990PartVIISectionA/Title2DIRECTOR
IRS990/Form990PartVIISectionA/Title3VICE PRESIDENT
IRS990/Form990PartVIISectionA/Title4HEAD OF SCHOOL - WAKE FOREST
IRS990/Form990PartVIISectionA/Title5HEAD OF SCHOOL - APEX
IRS990/Form990ProvidedToGoverningBody0true
IRS990/FormersListed0false
IRS990/FSAudited0true
IRS990/FSAuditedBasis/FinancialStatementSeparate0X
IRS990/FundraisingActivities0false
IRS990/FundsToPayPremiums0false
IRS990/Gaming0false
IRS990/Grants0237719
IRS990/GrantsAndSimilarAmntsCY0237719
IRS990/GrantsAndSimilarAmntsPriorYear0147400
IRS990/GrantsPayable/BOY00
IRS990/GrantsPayable/EOY00
IRS990/GrantsToDomesticIndividuals/ProgramServices0216319
IRS990/GrantsToDomesticIndividuals/Total0216319
IRS990/GrantsToDomesticOrgs/ProgramServices021400
IRS990/GrantsToDomesticOrgs/Total021400
IRS990/GrantsToIndividuals0true
IRS990/GrantsToOrganizations0true
IRS990/GrantToRelatedPerson0false
IRS990/GrossReceipts05820323
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
IRS990/IncomeFromInvestBondProceeds/TotalRevenueColumn00
IRS990/IndependentAuditFinancialStmt0true
IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartVI0X
IRS990/InformationTechnology/ManagementAndGeneral010076
IRS990/InformationTechnology/ProgramServices015114
IRS990/InformationTechnology/Total025190
IRS990/Insurance/ManagementAndGeneral05248
IRS990/Insurance/ProgramServices07873
IRS990/Insurance/Total013121
IRS990/IntangibleAssets/BOY00
IRS990/IntangibleAssets/EOY00
IRS990/Interest/ManagementAndGeneral03149
IRS990/Interest/ProgramServices0142377
IRS990/Interest/Total0145526
IRS990/InventoriesForSaleOrUse/BOY0224440
IRS990/InventoriesForSaleOrUse/EOY0186145
IRS990/InvestmentIncomeCurrentYear035
IRS990/InvestmentIncome/ExclusionAmount035
IRS990/InvestmentIncomePriorYear084533
IRS990/InvestmentIncome/TotalRevenueColumn035
IRS990/InvestmentInJointVenture0false
IRS990/InvestmentsOtherSecurities/BOY00
IRS990/InvestmentsOtherSecurities/EOY00
IRS990/InvestmentsProgramRelated/BOY00
IRS990/InvestmentsProgramRelated/EOY00
IRS990/InvestmentsPubTradedSecurities/BOY00
IRS990/InvestmentsPubTradedSecurities/EOY00
IRS990/InvestTaxExemptBonds0false
IRS990/LandBldgEquipmentAccumDeprec02268074
IRS990/LandBuildingsEquipmentBasis020970407
IRS990/LandBuildingsEquipmentBasisNet/BOY016681371
IRS990/LandBuildingsEquipmentBasisNet/EOY018702333
IRS990/LoansFromOfficersDirectors/BOY04520000
IRS990/LoansFromOfficersDirectors/EOY05870000
IRS990/LoanToOfficerOrDQP0true
IRS990/LobbyingActivities0false
IRS990/LocalChapters0false
IRS990/MaterialDiversionOrMisuse0false
IRS990/MembersOrStockholders0false
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees0true
IRS990/MinutesOfGoverningBody0true
IRS990/MissionDescription0THALES ACADEMY IS AN INDEPENDENT SCHOOL SERVING GRADES KINDERGARTEN THROUGH EIGHT.
IRS990/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/MortNotesPyblSecuredInvestProp/BOY00
IRS990/MortNotesPyblSecuredInvestProp/EOY00
IRS990/NameOfPrincipalOfficerPerson0WILLIAM H FRANCIS JR
IRS990/NbrIndependentVotingMembers04
IRS990/NbrVotingGoverningBodyMembers04
IRS990/NbrVotingMembersGoverningBody04
IRS990/NetAssetsOrFundBalancesBOY02445424
IRS990/NetAssetsOrFundBalancesEOY02179661
IRS990/NetGainOrLossInvestments/TotalRevenueColumn00
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn00
IRS990/NetIncomeFromGaming/TotalRevenueColumn00
IRS990/NetIncomeOrLoss/TotalRevenueColumn00
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn00
IRS990/NonDeductibleContributions0false
IRS990/NumberFormsTransmittedWith1096010
IRS990/NumberIndependentVotingMembers04
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees0168
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ManagementAndGeneral03780
IRS990/Occupancy/ProgramServices0170900
IRS990/Occupancy/Total0174680
IRS990/OfficeExpenses/ManagementAndGeneral040385
IRS990/OfficeExpenses/ProgramServices093261
IRS990/OfficeExpenses/Total0133646
IRS990/OfficerEntityWithBsnssRltnshp0false
IRS990/OfficerMailingAddress0false
IRS990/OnBehalfOfIssuer0false
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY0158013
IRS990/OtherAssetsTotal/EOY0149618
IRS990/OtherEmployeeBenefits/ProgramServices0182499
IRS990/OtherEmployeeBenefits/Total0182499
IRS990/OtherExpensePriorYear01600185
IRS990/OtherExpensesCurrentYear02092849
IRS990/OtherExpenses/Description0EDUCATIONAL SUPPLIES
IRS990/OtherExpenses/Description1MAINTENANCE & REPAIR
IRS990/OtherExpenses/Description2STUDENT ACTIVITIES
IRS990/OtherExpenses/Description3MARKETING
IRS990/OtherExpenses/Fundraising0103314
IRS990/OtherExpenses/ManagementAndGeneral03596
IRS990/OtherExpenses/ProgramServices0355002
IRS990/OtherExpenses/ProgramServices1162591
IRS990/OtherExpenses/ProgramServices264293
IRS990/OtherExpenses/Total0355002
IRS990/OtherExpenses/Total1166187
IRS990/OtherExpenses/Total264293
IRS990/OtherExpenses/Total3103314
IRS990/OtherLiabilities/BOY0557765
IRS990/OtherLiabilities/EOY0606390
IRS990/OtherNotesLoansReceivableNet/BOY00
IRS990/OtherNotesLoansReceivableNet/EOY00
IRS990/OtherRevenueCurrentYear039051
IRS990/OtherRevenueMisc/BusinessCode0900099
IRS990/OtherRevenueMisc/Description0OTHER INCOME
IRS990/OtherRevenueMisc/ExclusionAmount039051
IRS990/OtherRevenueMisc/TotalRevenueColumn039051
IRS990/OtherRevenuePriorYear013273
IRS990/OtherSalariesAndWages/ProgramServices03089245
IRS990/OtherSalariesAndWages/Total03089245
IRS990/PartialLiquidation0false
IRS990/PaymentsToAffiliates/Total00
IRS990/PayrollTaxes/ManagementAndGeneral06437
IRS990/PayrollTaxes/ProgramServices0290999
IRS990/PayrollTaxes/Total0297436
IRS990/PensionPlanContributions/ProgramServices035816
IRS990/PensionPlanContributions/Total035816
IRS990/PermanentlyRestrictedNetAssets/BOY00
IRS990/PermanentlyRestrictedNetAssets/EOY00
IRS990/PledgesAndGrantsReceivable/BOY00
IRS990/PledgesAndGrantsReceivable/EOY00
IRS990/PoliticalActivities0false
IRS990/PremiumsPaid0false
IRS990/PrepaidExpensesDeferredCharges/BOY0215412
IRS990/PrepaidExpensesDeferredCharges/EOY0372877
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenue/BusinessCode0900099
IRS990/ProgramServiceRevenue/BusinessCode1900099
IRS990/ProgramServiceRevenue/BusinessCode2611710
IRS990/ProgramServiceRevenueCY05422318
IRS990/ProgramServiceRevenue/Description0TUITION
IRS990/ProgramServiceRevenue/Description1AFTERSCHOOL CARE FEES
IRS990/ProgramServiceRevenue/Description2STUDENT ACTIVITY FEES
IRS990/ProgramServiceRevenue/ExclusionAmount0317458
IRS990/ProgramServiceRevenuePriorYear04351210
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome05026429
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome178431
IRS990/ProgramServiceRevenue/TotalRevenueColumn05026429
IRS990/ProgramServiceRevenue/TotalRevenueColumn1317458
IRS990/ProgramServiceRevenue/TotalRevenueColumn278431
IRS990/ProhibitedTaxShelterTrans0false
IRS990/QuidProQuoContributions0false
IRS990/ReceivablesFromDisqualPersons/BOY00
IRS990/ReceivablesFromDisqualPersons/EOY00
IRS990/ReceivablesFromOfficersEtc/BOY00
IRS990/ReceivablesFromOfficersEtc/EOY00
IRS990/ReconcilationRevenueExpenses0-265763
IRS990/RegularMonitoringEnforcement0true
IRS990/RelatedEntity0false
IRS990/RelatedOrgControlledEntity0false
IRS990/RentalIncomeOrLoss/Personal00
IRS990/RentalIncomeOrLoss/Real00
IRS990/ReportFin48Footnote0true
IRS990/ReportInvestOthSecurities0false
IRS990/ReportLandBldgEquip0true
IRS990/ReportOtherAssets0false
IRS990/ReportOtherLiabilities0true
IRS990/ReportProgRelInvest0false
IRS990/Revenue05422318
IRS990/RevenuesLessExpensesCY0-265763
IRS990/RevenuesLessExpensesPriorYear01500473
IRS990/RoyaltiesRevenue/TotalRevenueColumn00
IRS990/Royalties/Total00
IRS990/SalariesEtcCurrentYear03755518
IRS990/SalariesEtcPriorYear03357178
IRS990/SavingsAndTempCashInvestments/BOY00
IRS990/SavingsAndTempCashInvestments/EOY00
IRS990ScheduleA/ContribBy35ControlledEntity0false
IRS990ScheduleA/ContribByControllingIndividual0false
IRS990ScheduleA/ContributionByRelatedParty0false
IRS990ScheduleA/School170b1Aii0X
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired0true
IRS990ScheduleD/Buildings/BookValue014153075
IRS990ScheduleD/Buildings/Depreciation01615168
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis015768243
IRS990ScheduleD/Equipment/BookValue0806719
IRS990ScheduleD/Equipment/Depreciation0640341
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis01447060
IRS990ScheduleD/ExpensesNotRptdF9900-10395
IRS990ScheduleD/ExpensesNotRptdOnFinStmt0216319
IRS990ScheduleD/ExpensesSubtotal05869767
IRS990ScheduleD/FederalIncomeTaxLiability00
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0-$216,319 FINANCIAL ASSISTANCE NETTED WITH TUITION INCOME FOR FINANCIAL STATEMENTS (LINE 2D) AND $10,395 OTHER INCOME NETTED WITH EXPENSES FOR FINANCIAL STATEMENTS (LINE 4B)
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1-$10,395 OTHER INCOME RECLASSED FROM FINANCIAL STATEMENT EXPENSE (LINE 2D) AND $216,319 FINANCIAL ASSISTANCE NETTED WITH TUITION INCOME FOR FINANCIAL STATEMENTS (LINE 4B)
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation2MANAGEMENT OF THE SCHOOL DOES NOT BELIEVE THE FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. TAX YEARS ENDED JUNE 30, 2010 THROUGH JUNE 30, 2013 REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES AS OF THE DATE OF THIS REPORT.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0RECONCILIATION OF REVENUE
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1RECONCILIATION OF EXPENSES
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier2UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740)
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0SCHEDULE D, PART XI, LINES 2D & 4B
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference1SCHEDULE D, PART XII, LINES 2D & 4B
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference2SCHEDULE D, PART X, LINE 2
IRS990ScheduleD/Land/BookValue03742539
IRS990ScheduleD/Land/OtherCostOrOtherBasis03742539
IRS990ScheduleD/LeaseholdImprovements/BookValue00
IRS990ScheduleD/LeaseholdImprovements/Depreciation012565
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis012565
IRS990ScheduleD/OtherExpensesIncluded0-10395
IRS990ScheduleD/OtherExpensesNotIncluded0216319
IRS990ScheduleD/OtherLiabilities/Amount0606390
IRS990ScheduleD/OtherLiabilities/Description0ADVANCE REGISTRATION & TUITION
IRS990ScheduleD/OtherRevenues0-216319
IRS990ScheduleD/OtherRevenuesNotIncluded010395
IRS990ScheduleD/RevenueNotRptdF9900-216319
IRS990ScheduleD/RevenueNotRptdOnFinStmt010395
IRS990ScheduleD/RevenueSubtotal05809928
IRS990ScheduleD/TotalExpensesPerForm99006086086
IRS990ScheduleD/TotalOfAmounts0606390
IRS990ScheduleD/TotalOfBookValueLandBuildings018702333
IRS990ScheduleD/TotalRevenuePerForm99005820323
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt05859372
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt05593609
IRS990ScheduleE/ComplianceWithRevProc75500true
IRS990ScheduleE/DiscriminateRaceAdmissPolicies0false
IRS990ScheduleE/DiscriminateRaceAthleticProg0false
IRS990ScheduleE/DiscriminateRaceEducPolicies0false
IRS990ScheduleE/DiscriminateRaceEmplmnFaculty0false
IRS990ScheduleE/DiscriminateRaceOtherActy0false
IRS990ScheduleE/DiscriminateRaceScholarships0false
IRS990ScheduleE/DiscriminateRaceStudentsRights0false
IRS990ScheduleE/DiscriminateRaceUseOfFclts0false
IRS990ScheduleE/Form990ScheduleEPartII/Explanation0THALES ACADEMY PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH ITS WEBSITE, NEWSPAPER ADS, AND RECRUITMENT MATERIALS USED IN SOLICITING STUDENTS.
IRS990ScheduleE/Form990ScheduleEPartII/Identifier0RACIALLY NONDISCRIMINATORY POLICY
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference0SCHEDULE E, QUESTION 3
IRS990ScheduleE/GovernmentFinancialAidReceived0false
IRS990ScheduleE/GovernmentFinancialAidRevoked0false
IRS990ScheduleE/MaintCopiesOfAllSolicitations0true
IRS990ScheduleE/MaintCopiesOfBrochuresEtc0true
IRS990ScheduleE/MaintRacialCompositionRecords0true
IRS990ScheduleE/MaintScholarshipsRecords0true
IRS990ScheduleE/NondiscriminatoryPolicyStmt0true
IRS990ScheduleE/PolicyPublViaBroadcastMedia0true
IRS990ScheduleE/PolicyStatementInBrochuresEtc0true
IRS990ScheduleI/Form990ScheduleIPartIII/AmountOfCashGrant0216319
IRS990ScheduleI/Form990ScheduleIPartIII/NumberOfRecipients078
IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant0FINANCIAL ASSISTANCE
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0(A) Grants and Other Assistance to Organizations - The school made a cash grant to Upper Room Christian Academy to purchase textbooks for program enhancement. Upper Room's budget did not allow them to purchase the needed textbooks. (B) Grants and Other Assistance to Individuals - The school uses an outside service to collect and process financial information provided by applicants. This service is provided by FACTS Grant & Aid. Applicants submit their family financial information to FACTS for processing. A summary report of this information is sent to the school. When this report is received, the financial aid committee reviews the report and makes awards considering the information provided in that report.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0SCHEDULE I, PART I, LINE 2
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine103330 IDLEWOOD VILLAGE DR
IRS990ScheduleI/RecipientTable/AddressUS/City0RALEIGH
IRS990ScheduleI/RecipientTable/AddressUS/State0NC
IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode027610
IRS990ScheduleI/RecipientTable/AmountOfCashGrant021400
IRS990ScheduleI/RecipientTable/EINOfRecipient0562125192
IRS990ScheduleI/RecipientTable/IRCSection0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrant0PURCHASE TEXTBOOKS
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine10UPPER ROOM CHRISTIAN ACADEMY
IRS990ScheduleI/RecordsMaintained0true
IRS990ScheduleI/TotalNbrOf501C3AndGovtGrants01
IRS990/ScheduleJRequired0false
IRS990ScheduleK/Form990ScheduleKPartI/BondReferenceCd0A
IRS990ScheduleK/Form990ScheduleKPartI/DateIssued02010-10-01
IRS990ScheduleK/Form990ScheduleKPartI/Defeased0false
IRS990ScheduleK/Form990ScheduleKPartI/DescriptionOfPurpose0FINANCE OF EDUCATIONAL FACILITIES
IRS990ScheduleK/Form990ScheduleKPartII/AdequateBooksAndRecdsMaintaind0true
IRS990ScheduleK/Form990ScheduleKPartII/AdvanceRefunding0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$19,585,796
Liabilities
$17,406,135
Net assets
$2,179,661
Revenue
-
Expenses
$6,086,086
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$184$40.0$144$71.2$47.9$23.3
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$158$37.8$120$43.5$41.6$1.86
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$157$40.8$116$53.4$32.6$20.8
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$136$38.2$98.2$55.5$27.3$28.2
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$101$37.2$64.0$18.6$23.3$4.68
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$97.9$26.8$71.2$57.2$21.1$36.1
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$68.4$33.9$34.5$36.3$18.3$18.0
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.3$28.6$15.7$18.5$15.3$3.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.6$29.2$12.4$14.5$12.7$1.83
2015Detailed filing. Detailed filing data is available for this year.$35.3$24.7$10.6$13.7$9.76$3.98
2014Detailed filing. Detailed filing data is available for this year.$26.4$19.7$6.63$11.6$7.18$4.45
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.6$17.4$2.18$6.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.9$15.4$2.45$5.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.4$15.5$0.94$4.01