Civic Intelligence

Asu Preparatory Academy Inc

990 • Fiscal year 2016 • EIN 26-0664313

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

Organization ProfileASUPREP.ASU.EDU

View Organization Page

PO Box 877304Tempe, AZ 85287

(480) 727-5809

Siviq Scores

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

Liabilities / Assets

31st percentile

0.11x

Higher debt load relative to assets than 31% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

13th percentile

0.06x

Higher debt load relative to revenue than 13% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

89th percentile

36%

Higher net margin than 89% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

52nd percentile

$252,637

Higher top officer pay than 52% of similar nonprofits.

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

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

99th percentile

183%

Faster asset growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

92nd percentile

51%

Faster revenue growth than 92% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets31st percentile

Assets

Up

$15,890,513

Up $12,702,729 (+398%) from 2013

Net Assets

Up

$14,213,220

Up $14,451,026 (+6077%) from 2013

Liabilities

Down

$1,677,293

Down $1,748,297 (-51%) from 2013

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin89th percentile

Revenue

$29,190,816

No earlier filing loaded for comparison.

Expenses

Up

$18,662,091

Up $6,567,708 (+54%) from 2013

Net Income

$10,528,725

No earlier filing loaded for comparison.

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$0-$20MAssets 2011: $1,564,012Liabilities 2011: $1,184,062Net Assets 2011: $379,9502011Assets 2013: $3,187,784Liabilities 2013: $3,425,590Net Assets 2013: -$237,8062013Assets 2016: $15,890,513Liabilities 2016: $1,677,293Net Assets 2016: $14,213,2202016Assets 2018: $14,518,849Liabilities 2018: $4,639,291Net Assets 2018: $9,879,5582018Assets 2019: $23,298,576Liabilities 2019: $10,794,245Net Assets 2019: $12,504,3312019Assets 2020: $23,096,621Liabilities 2020: $10,320,705Net Assets 2020: $12,775,9162020Assets 2021: $49,146,223Liabilities 2021: $24,682,956Net Assets 2021: $24,463,2672021Assets 2022: $60,780,022Liabilities 2022: $27,165,819Net Assets 2022: $33,614,2032022

Highlighted filing

2016

Assets$15,890,513
Liabilities$1,677,293
Net Assets$14,213,220
Open 2016 Filing

Operations Trend

Revenue Growth92nd percentile

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

$100M$50M$0-$50MExpenses 2011: $7,263,2322011Expenses 2013: $12,094,3832013Revenue 2016: $29,190,816Expenses 2016: $18,662,091Net Income 2016: $10,528,7252016Revenue 2018: $29,860,612Expenses 2018: $30,870,884Net Income 2018: -$1,010,2722018Revenue 2019: $45,142,261Expenses 2019: $41,140,007Net Income 2019: $4,002,2542019Revenue 2020: $40,852,176Expenses 2020: $40,398,428Net Income 2020: $453,7482020Revenue 2021: $66,068,953Expenses 2021: $54,381,602Net Income 2021: $11,687,3512021Revenue 2022: $81,078,916Expenses 2022: $70,950,080Net Income 2022: $10,128,8362022

Highlighted filing

2016

Revenue$29,190,816
Expenses$18,662,091
Net Income$10,528,725
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 10, 2017
Return Version
2015v3.0
Gross Receipts
$29,190,816
Mission and Program Overview

Mission

Our mission is to afford students an optimum environment for learning, help them achieve their potential and ensure the appropriate level of college readiness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$922,489$8,610,387▲ $7,687,898
Cash and Non-Interest-Bearing Accounts$3,578,321$6,254,427▲ $2,676,106
Savings and Temporary Cash Investments$921,092--
Prepaid Expenses and Deferred Charges$22,869$662,303▲ $639,434
Land, Buildings, and Equipment, Net$149,809$346,382▲ $196,573
Total Assets$5,611,594$15,890,513▲ $10,278,919
Other Assets Total$17,014$17,014→ $0
Liabilities
Accounts Payable and Accrued Expenses$1,300,372$1,555,380▲ $255,008
Mortgage Notes Payable Secured by Investment Property$170,732--
Deferred Revenue$358,166$75,824▼ $282,342
Other Liabilities$97,829$46,089▼ $51,740
Total Liabilities$1,927,099$1,677,293▼ $249,806
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,342,345$10,643,577▲ $9,301,232
Unrestricted Net Assets$2,342,150$3,569,643▲ $1,227,493
Total Net Assets Fund Balance$3,684,495$14,213,220▲ $10,528,725
Total Liabilities and Net Assets / Fund Balance$5,611,594$15,890,513▲ $10,278,919

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$346,382$1,180,769$1,527,151
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Beatriz RendonCEOFT$162,162$5,505$167,667
Marcie RodriguezExec Bus OffFT$98,829$15,554$114,383
Arthur LebowitzDirector ofFT$108,400$17$108,417

Board Members and Trustees

NameTitle
George DeanChairperson
Jose CardenasVice Chairpe
Alice Dinky SnellDirector
Carole GreenesDirector
Josephine MarshDirector
Deborah GonzalezCAO
Myriam RoaSecretary
Chevy HumphreyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Royal Student Transportation LLCTransportation4022 W LINCOLN ST, Phoenix, AZ 85009$158,727
Revenue and Support

Revenue Composition

Contributions and Grants
$27,573,004
Program Service Revenue
$1,391,043
Investment Income
$732
Other Revenue
$226,037
All Other Contributions
$10,229,274
Change in Net Assets
$10,528,725

Audited Revenue Reconciliation

Revenue per Audited Statements
$29,190,816
Revenue Not Reported on Form 990
$1,669,250
Total Revenue per Audited Statements
$30,860,066
Total Revenue per Form 990
$29,190,816
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,990,984
Other Expenses$6,671,107
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,210,139$1,780,171-$8,990,310
Fees for Services Other$1,171,123$370,239-$1,541,362
Pension Plan Contributions$853,734$203,766-$1,057,500
Other Employee Benefits$674,316$279,471-$953,787
All Other Expenses$261,644$491,707-$753,351
Payroll Taxes$557,628$149,709-$707,337
Occupancy$163,321$519,479-$682,800
Other Expenses$18,941$481,894-$481,894
Current Officers, Directors, Trustees, and Key Employees$227,417$54,633-$282,050
Information Technology$16,876$113,962-$130,838
Depreciation Depletion-$94,897-$94,897
Insurance$193$59,477-$59,670
Travel$34,617$12,397-$47,014
Fees for Services Legal-$45,977-$45,977
Office Expenses$28,954$15,937-$44,891
Fees for Services Accounting-$28,100-$28,100
Advertising-$11,020-$11,020
Interest-$1,663-$1,663
Total Functional Expenses$12,552,936$6,109,155$0$18,662,091

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$20,331,341
Expenses per Audited Statements$18,662,091
Total Expenses per Form 990$18,662,091
Expenses Not Reported on Form 990$1,669,250
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Miram RoaDirectorSee BelowNo$500,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Payable$46,089
Accrued Interest-
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
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A draft of the completed form 990 is provided to certain officers, accounting staff, and each board member for review. The return will be filed after any clarifications and corrections have been made.”

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

“Any board member or employee of the school who has, or whose relative has, a substantial interest in any contract, sale, purchase, or service to the school shall make known that interest in the official records of the school and shall refrain from voting upon or otherwise participating in any manner as a board member or employee in such contract, sale or purchase. The board must approve each purchase from a board member, and the amount of the purchase or contract for purchase shall be included in the minutes of the meeting at which the board approves the purchase.”

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

“Compensation is compared to equivalent positions in similar organizations and reviewed by the board.”

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

“Compensation is compared to equivalent positions in similar organizations and reviewed by the board.”

Form 990, Page 6, Part VI, Line 19

“All documents are made available at public board meetings and upon special request.”

Filing and Contact Details

Filer

Filer Name
Asu Preparatory Academy Inc
EIN
26-0664313
Phone
4807275809
Address
PO BOX 877304, TEMPE, AZ 85287

Signing Officer

Name
Marcie Rodriguez
Title
Exec Bus Officer
Phone
4807275809
Signed
2017-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beatriz Rendon
Formed
2007
Legal Domicile
Az
Voting Board Members
9
Independent Board Members
7
Employees
327
Volunteers
132

Preparer

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

Additional Explanations

Form 990, Page 1, Part I, Line 6

“The volunteers help in the classrooms.”

Raw XML AppendixShowing 400 of 506 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/OfficeExpensesGrp/ManagementAndGeneralAmt015937
IRS990/OfficeExpensesGrp/ProgramServicesAmt028954
IRS990/OfficeExpensesGrp/TotalAmt044891
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt017014
IRS990/OtherAssetsTotalGrp/EOYAmt017014
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0279471
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0674316
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0953787
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL AIDS
IRS990/OtherExpensesGrp/Desc1REPAIR AND MAINTENENCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3FOOD SERVICE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0144056
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1648606
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2601994
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3481894
IRS990/OtherExpensesGrp/ProgramServicesAmt01334033
IRS990/OtherExpensesGrp/ProgramServicesAmt118941
IRS990/OtherExpensesGrp/TotalAmt01478089
IRS990/OtherExpensesGrp/TotalAmt1667547
IRS990/OtherExpensesGrp/TotalAmt2601994
IRS990/OtherExpensesGrp/TotalAmt3481894
IRS990/OtherLiabilitiesGrp/BOYAmt097829
IRS990/OtherLiabilitiesGrp/EOYAmt046089
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0226037
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0226037
IRS990/OtherRevenueTotalAmt0226037
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01780171
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07210139
IRS990/OtherSalariesAndWagesGrp/TotalAmt08990310
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0149709
IRS990/PayrollTaxesGrp/ProgramServicesAmt0557628
IRS990/PayrollTaxesGrp/TotalAmt0707337
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0203766
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0853734
IRS990/PensionPlanContributionsGrp/TotalAmt01057500
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0922489
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt08610387
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022869
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0662303
IRS990/PrincipalOfficerNm0BEATRIZ RENDON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0CHARGES FOR SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc2TAX CREDIT CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01023350
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1269581
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt298112
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01023350
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1269581
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt298112
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt017810349
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01283
IRS990/PYOtherExpensesAmt06202120
IRS990/PYOtherRevenueAmt020272
IRS990/PYProgramServiceRevenueAmt01490610
IRS990/PYRevenuesLessExpensesAmt02535006
IRS990/PYSalariesCompEmpBnftPaidAmt010585388
IRS990/PYTotalExpensesAmt016787508
IRS990/PYTotalRevenueAmt019322514
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt010528725
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01391043
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0921092
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/DonatedServicesAndUseFcltsAmt01669250
IRS990ScheduleD/DonatedServicesUseFcltsAmt01669250
IRS990ScheduleD/EquipmentGrp/BookValueAmt0346382
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01180769
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01527151
IRS990ScheduleD/ExpensesNotReportedAmt01669250
IRS990ScheduleD/ExpensesSubtotalAmt018662091
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt046089
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/RevenueNotReportedAmt01669250
IRS990ScheduleD/RevenueSubtotalAmt029190816
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0346382
IRS990ScheduleD/TotalExpensesPerForm990Amt018662091
IRS990ScheduleD/TotalLiabilityAmt046089
IRS990ScheduleD/TotalRevenuePerForm990Amt029190816
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt030860066
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt020331341
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/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL POLICIES ARE APPROVED AT A PUBLIC MEETING. THEY ARE MADE KNOWN TO THE GENERAL PUBLIC THROUGH ITS WEBSITE, PREPRINTED MATERIALS AND REGISTRATION FORMS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT AWARD SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RECEIVES REVENUE FROM THE FEDERAL AND STATE GOVERNMENTS FOR EDUCATIONAL PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0162162
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0208456
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05505
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt044181
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BEATRIZ RENDON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DEBORAH GONZALEZ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CAO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0167667
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0252637
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0MIRAM ROA
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0500000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SEE BELOW
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE SUPERINDENT OF PHOENIX ELEMENTARY SCHOOL DISTRICT (PESD) IS ALSO A BOARD MEMBER OF ASU PREP. ASU PREP HAS ENTERED INTO A COLLABORATION AGREEMENT WITH PESD IN WHICH IT PAYS AN ANNUAL ADMINISTRATIVE FEE TO PESD FOR ITS USE OF A SCHOOL FACILITY.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE VOLUNTEERS HELP IN THE CLASSROOMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE COMPLETED FORM 990 IS PROVIDED TO CERTAIN OFFICERS, ACCOUNTING STAFF, AND EACH BOARD MEMBER FOR REVIEW. THE RETURN WILL BE FILED AFTER ANY CLARIFICATIONS AND CORRECTIONS HAVE BEEN MADE.

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Filings

Displayed year

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

Open filing
Assets
$15,890,513
Liabilities
$1,677,293
Net assets
$14,213,220
Revenue
$29,190,816
Expenses
$18,662,091
Net income
$10,528,725
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.8$27.2$33.6$81.1$71.0$10.1
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.1$24.7$24.5$66.1$54.4$11.7
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.1$10.3$12.8$40.9$40.4$0.45
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.3$10.8$12.5$45.1$41.1$4.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.5$4.64$9.88$29.9$30.9$1.01
2016Detailed filing. Detailed filing data is available for this year.$15.9$1.68$14.2$29.2$18.7$10.5
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$3.43$0.24$12.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$1.18$0.38$7.26