Civic Intelligence

Ed Brokers Educational Services

990 • Fiscal year 2023 • EIN 26-2990716

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 25, 2024

Organization ProfileLEPACADEMY.ORG
9966 I AvenueHesperia, CA 92345

(760) 948-4333

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.49x

Higher debt load relative to assets than 73% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

82nd percentile

1.50x

Higher debt load relative to revenue than 82% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

66th percentile

11%

Higher net margin than 66% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

43rd percentile

$231,509

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

32nd percentile

1.3%

Faster asset growth than 32% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

59th percentile

9.7%

Faster revenue growth than 59% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$25,275,553

Up $321,010 (+1.3%) from 2022

Net Assets

Up

$12,816,277

Up $881,762 (+7.4%) from 2022

Liabilities

Down

$12,459,276

Down $560,752 (-4.3%) from 2022

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin66th percentile

Revenue

Up

$8,309,080

Up $738,045 (+9.7%) from 2022

Expenses

Up

$7,427,318

Up $624,958 (+9.2%) from 2022

Net Income

Up

$881,762

Up $113,087 (+15%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$30M$20M$10M$0Assets 2013: $1,807,101Liabilities 2013: $116,822Net Assets 2013: $1,690,2792013Assets 2014: $2,752,899Liabilities 2014: $88,019Net Assets 2014: $2,664,8802014Assets 2015: $3,886,498Liabilities 2015: $171,502Net Assets 2015: $3,714,9962015Assets 2016: $5,970,837Liabilities 2016: $43,618Net Assets 2016: $5,927,2192016Assets 2017: $7,072,979Liabilities 2017: $454,807Net Assets 2017: $6,618,1722017Assets 2018: $7,514,998Liabilities 2018: $78,003Net Assets 2018: $7,436,9952018Assets 2019: $8,728,012Liabilities 2019: $131,252Net Assets 2019: $8,596,7602019Assets 2020: $9,065,174Liabilities 2020: $460,437Net Assets 2020: $8,604,7372020Assets 2021: $22,376,397Liabilities 2021: $12,749,360Net Assets 2021: $9,627,0372021Assets 2022: $24,954,543Liabilities 2022: $13,020,028Net Assets 2022: $11,934,5152022Assets 2023: $25,275,553Liabilities 2023: $12,459,276Net Assets 2023: $12,816,2772023Assets 2024: $27,428,836Liabilities 2024: $11,863,256Net Assets 2024: $15,565,5802024Assets 2025: $28,383,281Liabilities 2025: $13,718,806Net Assets 2025: $14,664,4752025

Highlighted filing

2023

Assets$25,275,553
Liabilities$12,459,276
Net Assets$12,816,277
Open 2023 Filing

Operations Trend

Revenue Growth59th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2013: $2,010,6192013Revenue 2014: $3,135,514Expenses 2014: $2,160,913Net Income 2014: $974,6012014Revenue 2015: $3,584,979Expenses 2015: $2,498,502Net Income 2015: $1,086,4772015Revenue 2016: $5,036,901Expenses 2016: $2,824,678Net Income 2016: $2,212,2232016Revenue 2017: $4,131,594Expenses 2017: $3,290,813Net Income 2017: $840,7812017Revenue 2018: $4,459,066Expenses 2018: $3,640,243Net Income 2018: $818,8232018Revenue 2019: $5,040,538Expenses 2019: $3,880,773Net Income 2019: $1,159,7652019Revenue 2020: $5,035,026Expenses 2020: $5,027,049Net Income 2020: $7,9772020Revenue 2021: $6,046,199Expenses 2021: $5,682,018Net Income 2021: $364,1812021Revenue 2022: $7,571,035Expenses 2022: $6,802,360Net Income 2022: $768,6752022Revenue 2023: $8,309,080Expenses 2023: $7,427,318Net Income 2023: $881,7622023Revenue 2024: $10,896,309Expenses 2024: $8,147,006Net Income 2024: $2,749,3032024Revenue 2025: $8,031,862Expenses 2025: $9,172,299Net Income 2025: -$1,140,4372025

Highlighted filing

2023

Revenue$8,309,080
Expenses$7,427,318
Net Income$881,762
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 25, 2024
Return Version
2022v5.0
Gross Receipts
$8,309,080
Mission and Program Overview

Mission

To provide an innovative, classical educational program that will enable all scholars to learn skills, acquire knowledge, apply wisdom and develop character within a rich, diverse and nurturing learning environment.

The mission of laverne elementary preparatory academy is to provide an innovative, classical educational program that will enable all scholars to learn skills, acquire knowledge, apply wisdom and develop character within a rich, diverse and nurturing learning environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$7,532,591$9,478,475▲ $1,945,884
Land, Buildings, and Equipment, Net$3,322,967$3,308,155▼ $14,812
Accounts Receivable$2,149,018$1,016,922▼ $1,132,096
Prepaid Expenses and Deferred Charges$266,811$221,554▼ $45,257
Total Assets$24,954,543$25,275,553▲ $321,010
Other Assets Total$11,683,156$11,250,447▼ $432,709
Liabilities
Unsecured Notes Loans Payable$11,575,566$11,367,114▼ $208,452
Accounts Payable and Accrued Expenses$1,120,423$853,481▼ $266,942
Deferred Revenue$324,039$238,681▼ $85,358
Total Liabilities$13,020,028$12,459,276▼ $560,752
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,934,515$12,816,277▲ $881,762
Total Net Assets Fund Balance$11,934,515$12,816,277▲ $881,762
Total Liabilities and Net Assets / Fund Balance$24,954,543$25,275,553▲ $321,010

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,380,626$135,765$2,516,391
Land$927,529-$927,529
Other Assets Org$11,250,447--
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Debra TarverExecutive DiFT$181,211$50,298$231,509
Debra TarverExecutive Director-$181,211$50,298$231,509

Board Members and Trustees

NameTitle
Paul EarlePresident
Heidi SmithMember
Wanda WilburnMember
Ron GriffinVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$8,272,334
Program Service Revenue
$0
Investment Income
$36,746
Other Revenue
$0
All Other Contributions
$45,769
Change in Net Assets
$881,762

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,309,080
Total Revenue per Audited Statements
$8,309,080
Total Revenue per Form 990
$8,309,080
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,568,779
Other Expenses$2,858,539
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,809,268$368,580-$3,177,848
Other Employee Benefits$970,726$126,958-$1,097,684
Interest-$615,864-$615,864
Depreciation Depletion-$447,521-$447,521
Fees for Services Other$87,140$249,507-$336,647
Occupancy$255,852--$255,852
Fees for Services Accounting-$224,050-$224,050
Current Officers, Directors, Trustees, and Key Employees-$181,211-$181,211
Payroll Taxes$64,714$47,322-$112,036
Insurance-$92,845-$92,845
All Other Expenses$57,115$20,312-$77,427
Other Expenses$257,005$59,798-$59,798
Information Technology-$37,297-$37,297
Fees for Services Legal-$15,903-$15,903
Office Expenses-$6,015-$6,015
Conferences and Meetings-$4,104-$4,104
Total Functional Expenses$4,835,636$2,591,682$0$7,427,318

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,427,318
Total Expenses per Audited Statements$7,427,318
Total Expenses per Form 990$7,427,318
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes
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, Page 6, Part VI, Line 11B

“The director, cfo and governing board will review form 990 prior to filing.”

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

“The organization montors and enforces compliance with the conflict of interest policy through the board meetings.”

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

“The member of the board are not compensated. The executive director's and principal's compensation is approved by the board and in line with charter schools and husd employees of a similar position.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Ed Brokers Educational Services
EIN
26-2990716
Phone
7609484333
Address
9966 I AVENUE, HESPERIA, CA 92345

Signing Officer

Name
Debra Tarver
Title
Executive Director
Phone
7609484333
Signed
2024-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debra Tarver
Formed
2008
Voting Board Members
4
Independent Board Members
4
Employees
67
Volunteers
5

Preparer

Firm
Silva & Silva Cpas
Address
3040 SATURN ST STE 107, BREA, CA 92821
Preparer
Lisa Silva CPA
Phone
7143224672
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The mission of laverne elementary preparatory academy is to provide an innovative, classical educational program that will enable all scholars to learn skills, acquire knowledge, apply wisdom and develop character within a rich, diverse and nurturing learning environment.”

Raw XML Appendix376 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01120423
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0853481
IRS990/AccountsReceivableGrp/BOYAmt02149018
IRS990/AccountsReceivableGrp/EOYAmt01016922
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF LAVERNE ELEMENTARY PREPARATORY ACADEMY IS TO PROVIDE AN INNOVATIVE, CLASSICAL EDUCATIONAL PROGRAM THAT WILL ENABLE ALL SCHOLARS TO LEARN SKILLS, ACQUIRE KNOWLEDGE, APPLY WISDOM AND DEVELOP CHARACTER WITHIN A RICH, DIVERSE AND NURTURING LEARNING ENVIRONMENT.
IRS990/AllOtherContributionsAmt045769
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt020312
IRS990/AllOtherExpensesGrp/ProgramServicesAmt057115
IRS990/AllOtherExpensesGrp/TotalAmt077427
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ED BROKERS EDUCATIONAL SERVICES
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0ED BROKERS EDUCATIONAL SERVICES
IRS990/BooksInCareOfDetail/PhoneNum07609484333
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt09966 I AVE
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt09966 I AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0HESPERIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd092345
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0181211
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0181211
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt04104
IRS990/ConferencesMeetingsGrp/TotalAmt04104
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08272334
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt036746
IRS990/CYOtherExpensesAmt02858539
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0881762
IRS990/CYSalariesCompEmpBnftPaidAmt04568779
IRS990/CYTotalExpensesAmt07427318
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08309080
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0324039
IRS990/DeferredRevenueGrp/EOYAmt0238681
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0447521
IRS990/DepreciationDepletionGrp/TotalAmt0447521
IRS990/Desc0THE MISSION OF LAVERNE ELEMENTARY PREPARATORY ACADEMY IS TO PROVIDE AN INNOVATIVE, CLASSICAL EDUCATIONAL PROGRAM THAT WILL ENABLE ALL SCHOLARS TO LEARN SKILLS, ACQUIRE KNOWLEDGE, APPLY WISDOM AND DEVELOP CHARACTER WITHIN A RICH, DIVERSE AND NURTURING LEARNING ENVIRONMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt067
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt04835636
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0224050
IRS990/FeesForServicesAccountingGrp/TotalAmt0224050
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt015903
IRS990/FeesForServicesLegalGrp/TotalAmt015903
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0249507
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt087140
IRS990/FeesForServicesOtherGrp/TotalAmt0336647
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt450298
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL EARLE
IRS990/Form990PartVIISectionAGrp/PersonNm1RON GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm2WANDA WILBURN
IRS990/Form990PartVIISectionAGrp/PersonNm3HEIDI SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4DEBRA TARVER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4181211
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt08226565
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt08309080
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt037297
IRS990/InformationTechnologyGrp/TotalAmt037297
IRS990/InsuranceGrp/ManagementAndGeneralAmt092845
IRS990/InsuranceGrp/TotalAmt092845
IRS990/InterestGrp/ManagementAndGeneralAmt0615864
IRS990/InterestGrp/TotalAmt0615864
IRS990/InvestmentIncomeGrp/ExclusionAmt036506
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0240
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt036746
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0135765
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03322967
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03308155
IRS990/LandBldgEquipCostOrOtherBssAmt03443920
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF LAVERNE ELEMENTARY PREPARATORY ACADEMY IS TO PROVIDE AN INNOVATIVE, CLASSICAL EDUCATIONAL PROGRAM THAT WILL ENABLE ALL SCHOLARS TO LEARN SKILLS, ACQUIRE KNOWLEDGE, APPLY WISDOM AND DEVELOP CHARACTER WITHIN A RICH, DIVERSE AND NURTURING LEARNING ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt011934515
IRS990/NetAssetsOrFundBalancesEOYAmt012816277
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt011934515
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt012816277
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0255852
IRS990/OccupancyGrp/TotalAmt0255852
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06015
IRS990/OfficeExpensesGrp/TotalAmt06015
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt011683156
IRS990/OtherAssetsTotalGrp/EOYAmt011250447
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0126958
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0970726
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01097684
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL MATERIAL
IRS990/OtherExpensesGrp/Desc1NUTRITION
IRS990/OtherExpensesGrp/Desc2LICENSES AND DUES
IRS990/OtherExpensesGrp/Desc3DISTRICT OVERSIGHT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt094395
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt159798
IRS990/OtherExpensesGrp/ProgramServicesAmt0333816
IRS990/OtherExpensesGrp/ProgramServicesAmt1257005
IRS990/OtherExpensesGrp/TotalAmt0333816
IRS990/OtherExpensesGrp/TotalAmt1257005
IRS990/OtherExpensesGrp/TotalAmt294395
IRS990/OtherExpensesGrp/TotalAmt359798
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0368580
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02809268
IRS990/OtherSalariesAndWagesGrp/TotalAmt03177848
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt047322
IRS990/PayrollTaxesGrp/ProgramServicesAmt064714
IRS990/PayrollTaxesGrp/TotalAmt0112036
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0266811
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0221554
IRS990/PrincipalOfficerNm0DEBRA TARVER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07570579
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0456
IRS990/PYOtherExpensesAmt02723513
IRS990/PYRevenuesLessExpensesAmt0768675
IRS990/PYSalariesCompEmpBnftPaidAmt04078847
IRS990/PYTotalExpensesAmt06802360
IRS990/PYTotalRevenueAmt07571035
IRS990/ReconcilationRevenueExpnssAmt0881762
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07532591
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09478475
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02380626
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0135765
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02516391
IRS990ScheduleD/ExpensesSubtotalAmt07427318
IRS990ScheduleD/LandGrp/BookValueAmt0927529
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0927529
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt011250447
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LEASE RECEIVABLE
IRS990ScheduleD/RevenueSubtotalAmt08309080
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03308155
IRS990ScheduleD/TotalBookValueOtherAssetsAmt011250447
IRS990ScheduleD/TotalExpensesPerForm990Amt07427318
IRS990ScheduleD/TotalRevenuePerForm990Amt08309080
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08309080
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07427318
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0181211
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt050298
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DEBRA TARVER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0231509
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF LAVERNE ELEMENTARY PREPARATORY ACADEMY IS TO PROVIDE AN INNOVATIVE, CLASSICAL EDUCATIONAL PROGRAM THAT WILL ENABLE ALL SCHOLARS TO LEARN SKILLS, ACQUIRE KNOWLEDGE, APPLY WISDOM AND DEVELOP CHARACTER WITHIN A RICH, DIVERSE AND NURTURING LEARNING ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTOR, CFO AND GOVERNING BOARD WILL REVIEW FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MONTORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH THE BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBER OF THE BOARD ARE NOT COMPENSATED. THE EXECUTIVE DIRECTOR'S AND PRINCIPAL'S COMPENSATION IS APPROVED BY THE BOARD AND IN LINE WITH CHARTER SCHOOLS AND HUSD EMPLOYEES OF A SIMILAR POSITION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt024954543
IRS990/TotalAssetsEOYAmt025275553
IRS990/TotalAssetsGrp/BOYAmt024954543
IRS990/TotalAssetsGrp/EOYAmt025275553
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt08272334
IRS990/TotalEmployeeCnt067
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02591682
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04835636
IRS990/TotalFunctionalExpensesGrp/TotalAmt07427318
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013020028
IRS990/TotalLiabilitiesEOYAmt012459276
IRS990/TotalLiabilitiesGrp/BOYAmt013020028
IRS990/TotalLiabilitiesGrp/EOYAmt012459276
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011934515
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012816277
IRS990/TotalOtherCompensationAmt050298
IRS990/TotalProgramServiceExpensesAmt04835636
IRS990/TotalReportableCompFromOrgAmt0181211
IRS990/TotalRevenueGrp/ExclusionAmt036506
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0240
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08309080
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt024954543
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt025275553
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt011575566
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt011367114
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0LEPACADEMY.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEBRA TARVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07609484333
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ED BROKERS EDUCATIONAL SERVICES
ReturnHeader/Filer/BusinessNameControlTxt0EDBR
ReturnHeader/Filer/EIN0262990716
ReturnHeader/Filer/PhoneNum07609484333
ReturnHeader/Filer/USAddress/AddressLine1Txt09966 I AVENUE
ReturnHeader/Filer/USAddress/CityNm0HESPERIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092345
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952803203
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SILVA & SILVA CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03040 SATURN ST STE 107
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BREA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092821
ReturnHeader/PreparerPersonGrp/PhoneNum07143224672
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA SILVA CPA
ReturnHeader/ReturnTs02024-03-26T20:30:09-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DEBBIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TARVER
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,275,553
Liabilities
$12,459,276
Net assets
$12,816,277
Revenue
$8,309,080
Expenses
$7,427,318
Net income
$881,762
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$28.4$13.7$14.7$8.03$9.17$1.14
2024Detailed filing. Detailed filing data is available for this year.$27.4$11.9$15.6$10.9$8.15$2.75
2023Detailed filing. Detailed filing data is available for this year.$25.3$12.5$12.8$8.31$7.43$0.88
2022Detailed filing. Detailed filing data is available for this year.$25.0$13.0$11.9$7.57$6.80$0.77
2021Detailed filing. Detailed filing data is available for this year.$22.4$12.7$9.63$6.05$5.68$0.36
2020Detailed filing. Detailed filing data is available for this year.$9.07$0.46$8.60$5.04$5.03$0.01
2019Detailed filing. Detailed filing data is available for this year.$8.73$0.13$8.60$5.04$3.88$1.16
2018Detailed filing. Detailed filing data is available for this year.$7.51$0.08$7.44$4.46$3.64$0.82
2017Detailed filing. Detailed filing data is available for this year.$7.07$0.45$6.62$4.13$3.29$0.84
2016Detailed filing. Detailed filing data is available for this year.$5.97$0.04$5.93$5.04$2.82$2.21
2015Detailed filing. Detailed filing data is available for this year.$3.89$0.17$3.71$3.58$2.50$1.09
2014Detailed filing. Detailed filing data is available for this year.$2.75$0.09$2.66$3.14$2.16$0.97
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.12$1.69$2.01