Civic Intelligence

Math and Science Success Academy Inc.

990 • Fiscal year 2018 • EIN 26-0535304

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 17, 2019

Organization ProfileWWW.MASSATUCSON.ORG
3448 N 1st AvenueTucson, AZ 85719

(520) 887-5392

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.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

2.43x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

43rd percentile

1.4%

Higher net margin than 43% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

62nd percentile

$215,184

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

99th percentile

309%

Faster asset growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

86th percentile

36%

Faster revenue growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$13,376,448

Up $10,107,004 (+309%) from 2017

Net Assets

Up

$1,259,374

Up $60,200 (+5.0%) from 2017

Liabilities

Up

$12,117,074

Up $10,046,804 (+485%) from 2017

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin43rd percentile

Revenue

Up

$4,988,753

Up $1,325,988 (+36%) from 2017

Expenses

Up

$4,918,570

Up $1,445,955 (+42%) from 2017

Net Income

Down

$70,183

Down $119,967 (-63%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$80M$60M$40M$20M$0Assets 2013: $544,043Liabilities 2013: $155,129Net Assets 2013: $388,9142013Assets 2014: $814,409Liabilities 2014: $178,814Net Assets 2014: $635,5952014Assets 2015: $1,025,012Liabilities 2015: $177,710Net Assets 2015: $847,3022015Assets 2016: $1,288,624Liabilities 2016: $279,600Net Assets 2016: $1,009,0242016Assets 2017: $3,269,444Liabilities 2017: $2,070,270Net Assets 2017: $1,199,1742017Assets 2018: $13,376,448Liabilities 2018: $12,117,074Net Assets 2018: $1,259,3742018Assets 2019: $64,895,287Liabilities 2019: $64,726,358Net Assets 2019: $168,9292019Assets 2020: $54,943,190Liabilities 2020: $54,749,653Net Assets 2020: $193,5372020Assets 2021: $14,833,727Liabilities 2021: $11,299,575Net Assets 2021: $3,534,1522021Assets 2022: $14,922,132Liabilities 2022: $10,871,065Net Assets 2022: $4,051,0672022Assets 2023: $16,047,840Liabilities 2023: $10,771,002Net Assets 2023: $5,276,8382023Assets 2024: $16,719,602Liabilities 2024: $10,524,677Net Assets 2024: $6,194,9252024

Highlighted filing

2018

Assets$13,376,448
Liabilities$12,117,074
Net Assets$1,259,374
Open 2018 Filing

Operations Trend

Revenue Growth86th percentile

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

$10M$5.0M$0-$5.0MExpenses 2013: $2,133,6112013Revenue 2014: $2,773,943Expenses 2014: $2,527,262Net Income 2014: $246,6812014Revenue 2015: $3,084,200Expenses 2015: $2,872,493Net Income 2015: $211,7072015Revenue 2016: $3,398,998Expenses 2016: $3,237,276Net Income 2016: $161,7222016Revenue 2017: $3,662,765Expenses 2017: $3,472,615Net Income 2017: $190,1502017Revenue 2018: $4,988,753Expenses 2018: $4,918,570Net Income 2018: $70,1832018Revenue 2019: $6,852,297Expenses 2019: $7,942,742Net Income 2019: -$1,090,4452019Revenue 2020: $9,388,145Expenses 2020: $9,363,537Net Income 2020: $24,6082020Revenue 2021: $9,943,257Expenses 2021: $6,602,642Net Income 2021: $3,340,6152021Revenue 2022: $7,556,374Expenses 2022: $6,963,269Net Income 2022: $593,1052022Revenue 2023: $8,841,976Expenses 2023: $7,519,660Net Income 2023: $1,322,3162023Revenue 2024: $8,721,392Expenses 2024: $7,832,353Net Income 2024: $889,0392024

Highlighted filing

2018

Revenue$4,988,753
Expenses$4,918,570
Net Income$70,183
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 17, 2019
Return Version
2017v2.3
Gross Receipts
$5,019,179
Mission and Program Overview

Mission

We will motivate and inspire students for academic, career, and life success through providing an advanced, well-rounded, college preparatory education interlaced with habits of mind, character building, and 21st century skills.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,113,265$11,002,977▲ $8,889,712
Cash and Non-Interest-Bearing Accounts$926,492$678,550▼ $247,942
Accounts Receivable$212,218$73,485▼ $138,733
Prepaid Expenses and Deferred Charges$17,469$63,893▲ $46,424
Total Assets$3,269,444$13,376,448▲ $10,107,004
Other Assets Total-$1,557,543-
Liabilities
Tax Exempt Bond Liabilities-$11,125,081-
Accounts Payable and Accrued Expenses$1,065,194$820,761▼ $244,433
Mortgage Notes Payable Secured by Investment Property$358,141--
Other Liabilities$646,935$171,232▼ $475,703
Total Liabilities$2,070,270$12,117,074▲ $10,046,804
Net Assets / Fund Balance
Unrestricted Net Assets$1,196,091$1,259,374▲ $63,283
Temporarily Rstr Net Assets$3,083--
Total Net Assets Fund Balance$1,199,174$1,259,374▲ $60,200
Total Liabilities and Net Assets / Fund Balance$3,269,444$13,376,448▲ $10,107,004

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,356,376$160,480$9,516,856
Land$1,126,373-$1,126,373
Equipment$410,604$479,028$889,632
Other Assets Org$1,557,543--
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeOtherTotal
Kim ChaykaPresident anPT$176,556$176,556
Steven HykesCFOPT$145,345$145,345
Adriana RodriguezDirector / SuperiPT$119,070$119,070

Board Members and Trustees

NameTitle
Kim ChaykaPresident and Co-CEO
Mariya VasilievaDirector
Tatyana ChaykaCo-CEO
Valentine KashtelyanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$545,649
Program Service Revenue
$4,424,857
Investment Income
$-27,952
Other Revenue
$46,199
Change in Net Assets
$70,183

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,988,753
Revenue Not Reported on Form 990
$30,426
Total Revenue per Audited Statements
$5,019,179
Total Revenue per Form 990
$4,988,753
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,490,484
Salaries, Compensation, and Employee Benefits$2,428,086
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,262,197$121,510-$1,383,707
Fees for Services Management$149,968$599,873-$749,841
Current Officers, Directors, Trustees, and Key Employees$598,536$57,619-$656,155
Occupancy$422,514$14,449-$436,963
Interest$292,684$43,758-$336,442
Depreciation Depletion$311,874--$311,874
Other Employee Benefits$211,566$12,687-$224,253
Payroll Taxes$134,211--$134,211
Fees for Services Other$71,028$10,854-$81,882
All Other Expenses$46,751$11,317-$58,068
Insurance-$44,513-$44,513
Other Expenses$37,264$31,989-$37,264
Pension Plan Contributions$29,760--$29,760
Fees for Services Accounting-$12,050-$12,050
Fees for Services Legal-$11,147-$11,147
Advertising-$9,403-$9,403
Total Functional Expenses$3,890,141$1,028,429$0$4,918,570

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,958,979
Expenses per Audited Statements$4,918,570
Total Expenses per Form 990$4,918,570
Expenses Not Reported on Form 990$40,409
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
Due to Related Party$165,620
Capital Lease$5,612

Bond Issues

BondIssuerIssuedIssue PricePurpose
AEducation Revenue Bonds2017-07-01$10,242,962To: (a)(i) refinance the massa rdf loan; (vi) acquire an additional 0.75-

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$10,242,962--$277,645

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
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Kim chayka tatyana chayka director director parent/child”

Form 990, Page 6, Part VI, Line 3

“Management duties are delegated to academy of mathematics and science, inc. (04-3651539), which is a related party.”

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

“The 990 is reviewed by the executive director and the board of directors.”

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

“All conflicts are disclosed by each board member in an acknowledgement and agreement form at least annually. If a conflict exists, that board member is excluded from the decision making process.”

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

“The organization uses comparative data to determine compensation and the compensation is approved by the board.”

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

“The organization uses comparative data to determine compensation and the compensation is approved by the board.”

Form 990, Page 6, Part VI, Line 19

“Available upon request at the admin office and website.”

Filing and Contact Details

Filer

Filer Name
Math and Science Success Academy
EIN
26-0535304
Phone
5208875392
Address
3448 N 1ST AVENUE, TUCSON, AZ 85719

Signing Officer

Name
Steven Hykes
Title
CFO
Phone
5208875392
Signed
2019-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim Chayka
Formed
2007
Legal Domicile
Az
Voting Board Members
3
Independent Board Members
2
Employees
61
Volunteers
5

Preparer

Firm
Fester & Chapman Pllc
Address
9019 E BAHIA DR STE 100, SCOTTSDALE, AZ 85260
Preparer
Rachel R Locke CPA
Phone
6022643077
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“We will motivate and inspire students for academic, career, and life success through providing an advanced, well-rounded, college preparatory education interlaced with habits of mind, character building, and 21st century skills.”

Form 990, Page 1, Part I, Line 6

“Volunteers help in the classrooms.”

Form 990, Part XI, Line 9

“Loss on disposal of assets 30,426 loss on refinancing -9,983 loss on disposal of assets -30,426 total -9,983”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Loss on disposal of assets 30,426”

Schedule D, Page 4, Part XII, Line 2D

“Loss on refinancing 9,983 loss on disposal of assets 30,426”

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IRS990/OtherExpensesGrp/TotalAmt241957
IRS990/OtherExpensesGrp/TotalAmt337264
IRS990/OtherLiabilitiesGrp/BOYAmt0646935
IRS990/OtherLiabilitiesGrp/EOYAmt0171232
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt046199
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt046199
IRS990/OtherRevenueTotalAmt046199
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0121510
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01262197
IRS990/OtherSalariesAndWagesGrp/TotalAmt01383707
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0134211
IRS990/PayrollTaxesGrp/TotalAmt0134211
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt029760
IRS990/PensionPlanContributionsGrp/TotalAmt029760
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017469
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt063893
IRS990/PrincipalOfficerNm0KIM CHAYKA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0STATE EQUALIZATION
IRS990/ProgramServiceRevenueGrp/Desc1CLASSROOM SITE FUNDS
IRS990/ProgramServiceRevenueGrp/Desc2EXTRACURRICULAR ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc3SCHOOL FEES
IRS990/ProgramServiceRevenueGrp/Desc4INSTRUCTIONAL IMPROVEMENT FUN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04028415
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1270405
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt268912
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt330772
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt426353
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04028415
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1270405
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt268912
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt330772
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt426353
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0445830
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt01640012
IRS990/PYOtherRevenueAmt02533
IRS990/PYProgramServiceRevenueAmt03214402
IRS990/PYRevenuesLessExpensesAmt0190150
IRS990/PYSalariesCompEmpBnftPaidAmt01832603
IRS990/PYTotalExpensesAmt03472615
IRS990/PYTotalRevenueAmt03662765
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt070183
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04424857
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt09356376
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0160480
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09516856
IRS990ScheduleD/EquipmentGrp/BookValueAmt0410604
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0479028
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0889632
IRS990ScheduleD/ExpensesNotReportedAmt040409
IRS990ScheduleD/ExpensesSubtotalAmt04918570
IRS990ScheduleD/LandGrp/BookValueAmt01126373
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01126373
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01557543
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED CASH
IRS990ScheduleD/OtherExpensesIncludedAmt040409
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0165620
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15612
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CAPITAL LEASE
IRS990ScheduleD/OtherRevenueAmt030426
IRS990ScheduleD/RevenueNotReportedAmt030426
IRS990ScheduleD/RevenueSubtotalAmt04988753
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS ON DISPOSAL OF ASSETS 30,426
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON REFINANCING 9,983 LOSS ON DISPOSAL OF ASSETS 30,426
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010893353
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01557543
IRS990ScheduleD/TotalExpensesPerForm990Amt04918570
IRS990ScheduleD/TotalLiabilityAmt0171232
IRS990ScheduleD/TotalRevenuePerForm990Amt04988753
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05019179
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04958979
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/ExplanationTxt0THE NONDISCRIMINATORY POLICY IS PUBLISHED ON OUR WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES MONTHLY AID PAYMENTS FROM THE STATE OF ARIZONA BASED ON THE NUMBER OF STUDENTS ENROLLED AND ATTENDING THE SCHOOL. THESE FUNDS ARE USED IN ACCORDANCE WITH THE REQUIREMENTS SET FORTH BY THE STATE OF ARIZONA.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0164385
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1204888
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt07261
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt18417
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt04910
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt11879
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KIM CHAYKA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1TATYANA CHAYKA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT AND CO-CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CO-CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0176556
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1215184
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0EDUCATION REVENUE BONDS ACRE PARCEL OF LAND AND AN APPROXIMATELY 2,858 SQUARE-FOOT BUILDING ADJACENT TO THE EXISTING MASSA CAMPUS (THE "MASSA CAMPUS ADDITION- AND, TOGETHER WITH THE EXISTING MASSA CAMPUS, THE "MASSA CAMPUS") AND RENOVATE, CONSTRUCT, IMPROVE AND EQUIP THE MASSA CAMPUS, INCLUDING THE CONSTRUCTION OF A NEW, APPROXIMATELY 20,621 SQUARE-FOOT CLASSROOM BUILDING; AND (VII) ACQUIRE, IMPROVE AND EQUIP APPROXIMATELY 3,447 SQUARE-FEET OF BUILDINGS LOCATED AT 3448 NORTH FIRST AVENUE IN TUCSON, ARIZONA (THE "ADMINISTRATION OFFICES"); (B) FUND ANY REQUIRED RESERVE FUNDS, INCLUDING A DEBT SERVICE RESERVE FUND, AND (C) PAY CERTAIN EXPENSES RELATING TO ISSUANCE OF THE BONDS.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE K - PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02017-07-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0813526584
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum004052BBN3
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt010242962
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0EDUCATION REVENUE BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0TO: (A)(I) REFINANCE THE MASSA RDF LOAN; (VI) ACQUIRE AN ADDITIONAL 0.75-
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt09299485
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0665832
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0277645
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt010242962
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WE WILL MOTIVATE AND INSPIRE STUDENTS FOR ACADEMIC, CAREER, AND LIFE SUCCESS THROUGH PROVIDING AN ADVANCED, WELL-ROUNDED, COLLEGE PREPARATORY EDUCATION INTERLACED WITH HABITS OF MIND, CHARACTER BUILDING, AND 21ST CENTURY SKILLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS HELP IN THE CLASSROOMS.

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,376,448
Liabilities
$12,117,074
Net assets
$1,259,374
Revenue
$4,988,753
Expenses
$4,918,570
Net income
$70,183
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.7$10.5$6.19$8.72$7.83$0.89
2023Detailed filing. Detailed filing data is available for this year.$16.0$10.8$5.28$8.84$7.52$1.32
2022Detailed filing. Detailed filing data is available for this year.$14.9$10.9$4.05$7.56$6.96$0.59
2021Detailed filing. Detailed filing data is available for this year.$14.8$11.3$3.53$9.94$6.60$3.34
2020Detailed filing. Detailed filing data is available for this year.$54.9$54.7$0.19$9.39$9.36$0.02
2019Detailed filing. Detailed filing data is available for this year.$64.9$64.7$0.17$6.85$7.94$1.09
2018Detailed filing. Detailed filing data is available for this year.$13.4$12.1$1.26$4.99$4.92$0.07
2017Detailed filing. Detailed filing data is available for this year.$3.27$2.07$1.20$3.66$3.47$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.29$0.28$1.01$3.40$3.24$0.16
2015Detailed filing. Detailed filing data is available for this year.$1.03$0.18$0.85$3.08$2.87$0.21
2014Detailed filing. Detailed filing data is available for this year.$0.81$0.18$0.64$2.77$2.53$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.16$0.39$2.13