Civic Intelligence

Academy for Advanced and Creative Learning

990 • Fiscal year 2019 • EIN 26-3823113

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 07, 2019

Organization Profilewww.academyacl.org
2510 N Chestnut StreetColorado Springs, CO 80907

(719) 434-6566

Siviq Scores

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

Liabilities / Assets

96th percentile

1.42x

Higher debt load relative to assets than 96% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

2.04x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

88th percentile

40%

Higher net margin than 88% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

51st percentile

3.3%

Faster asset growth than 51% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2019

Revenue Growth

74th percentile

19%

Faster revenue growth than 74% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2019

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$4,859,295

Down $89,532 (-1.8%) from 2018

Net Assets

Up

-$2,027,161

Up $1,360,732 (+40%) from 2018

Liabilities

Down

$6,886,456

Down $1,450,264 (-17%) from 2018

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin88th percentile

Revenue

Up

$3,370,443

Up $303,792 (+9.9%) from 2018

Expenses

Down

$2,009,711

Down $1,622,388 (-45%) from 2018

Net Income

Up

$1,360,732

Up $1,926,180 (+341%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$10M$5.0M$0-$5.0MAssets 2011: $303,405Liabilities 2011: $103,597Net Assets 2011: $199,8082011Assets 2012: $437,636Liabilities 2012: $92,564Net Assets 2012: $345,0722012Assets 2013: $704,004Liabilities 2013: $102,725Net Assets 2013: $601,2792013Assets 2014: $896,872Liabilities 2014: $97,302Net Assets 2014: $799,5702014Assets 2015: $1,077,616Liabilities 2015: $3,272,282Net Assets 2015: -$2,194,6662015Assets 2016: $2,037,129Liabilities 2016: $3,790,099Net Assets 2016: -$1,752,9702016Assets 2017: $4,554,981Liabilities 2017: $7,207,289Net Assets 2017: -$2,652,3082017Assets 2018: $4,948,827Liabilities 2018: $8,336,720Net Assets 2018: -$3,387,8932018Assets 2019: $4,859,295Liabilities 2019: $6,886,456Net Assets 2019: -$2,027,1612019Assets 2020: $4,968,695Liabilities 2020: $5,750,869Net Assets 2020: -$782,1742020Assets 2021: $5,392,947Liabilities 2021: $5,059,927Net Assets 2021: $333,0202021Assets 2022: $5,750,291Liabilities 2022: $3,798,359Net Assets 2022: $1,951,9322022Assets 2023: $6,613,684Liabilities 2023: $4,154,601Net Assets 2023: $2,459,0832023Assets 2024: $7,414,220Liabilities 2024: $4,787,679Net Assets 2024: $2,626,5412024Assets 2025: $7,486,213Liabilities 2025: $4,592,875Net Assets 2025: $2,893,3382025

Highlighted filing

2019

Assets$4,859,295
Liabilities$6,886,456
Net Assets-$2,027,161
Open 2019 Filing

Operations Trend

Revenue Growth74th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,377,9392011Expenses 2012: $1,748,2672012Expenses 2013: $1,645,5702013Revenue 2014: $2,012,978Expenses 2014: $1,814,687Net Income 2014: $198,2912014Revenue 2015: $2,179,738Expenses 2015: $2,349,142Net Income 2015: -$169,4042015Revenue 2016: $2,420,790Expenses 2016: $2,199,012Net Income 2016: $221,7782016Revenue 2017: $2,367,461Expenses 2017: $3,298,137Net Income 2017: -$930,6762017Revenue 2018: $3,066,651Expenses 2018: $3,632,099Net Income 2018: -$565,4482018Revenue 2019: $3,370,443Expenses 2019: $2,009,711Net Income 2019: $1,360,7322019Revenue 2020: $3,302,052Expenses 2020: $2,057,065Net Income 2020: $1,244,9872020Revenue 2021: $3,287,754Expenses 2021: $2,172,560Net Income 2021: $1,115,1942021Revenue 2022: $4,049,918Expenses 2022: $2,431,006Net Income 2022: $1,618,9122022Revenue 2023: $4,143,866Expenses 2023: $3,636,715Net Income 2023: $507,1512023Revenue 2024: $4,455,203Expenses 2024: $4,287,745Net Income 2024: $167,4582024Revenue 2025: $4,803,148Expenses 2025: $4,487,411Net Income 2025: $315,7372025

Highlighted filing

2019

Revenue$3,370,443
Expenses$2,009,711
Net Income$1,360,732
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 7, 2019
Return Version
2018v3.1
Gross Receipts
$3,370,443
Mission and Program Overview

Mission

Our students and staff will investigate ideas and master advanced content, reflect upon their own progress, explore connections between disciplines, and lead others in positive ways to new heights in achievement and service to the community.

Academy for Advanced and Creative Learning (AACL) is a K-8 open enrollment charter school authorized by D-11 Colorado Springs. AACL specializes in advanced learners and serves students who are gifted.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,397,652$2,393,738▲ $996,086
Savings and Temporary Cash Investments$707,523$711,659▲ $4,136
Land, Buildings, and Equipment, Net$360,911$563,923▲ $203,012
Total Assets$4,948,827$4,859,295▼ $89,532
Other Assets Total$2,482,741$1,189,975▼ $1,292,766
Liabilities
Other Liabilities$8,248,823$6,803,718▼ $1,445,105
Accounts Payable and Accrued Expenses$87,897$82,738▼ $5,159
Total Liabilities$8,336,720$6,886,456▼ $1,450,264
Net Assets / Fund Balance
Temporarily Rstr Net Assets$91,300$663,923▲ $572,623
Unrestricted Net Assets$-3,479,193$-2,691,084▲ $788,109
Total Net Assets Fund Balance$-3,387,893$-2,027,161▲ $1,360,732
Total Liabilities and Net Assets / Fund Balance$4,948,827$4,859,295▼ $89,532

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$73,641$295,455$369,096
Buildings$257,287$35,682$292,969
Leasehold Improvements$232,995$18,613$251,608
Other Assets Org$1,189,975--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephani MyersAcademy DirectorFT$82,500$16,624$99,124

Board Members and Trustees

NameTitle
Sarah MuroBoard President
Joan RodaVice President
Amber MoroDirector
Paul WigginsDirector
Francisco MontesSecretary
Jason LachanceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$284,836
Program Service Revenue
$3,079,091
Investment Income
$6,516
Other Revenue
$0
All Other Contributions
$94,465
Change in Net Assets
$1,360,732

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,370,443
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,370,443
Total Revenue per Form 990
$3,370,443
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,315,727
Other Expenses$693,984
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,027,327$181,293-$1,208,620
Current Officers, Directors, Trustees, and Key Employees$74,343$24,781-$99,124
All Other Expenses$88,335$7,694-$96,029
Other Employee Benefits$78,463$13,846-$92,309
Other Expenses$46,179$8,149-$54,328
Depreciation Depletion$41,307$7,289-$48,596
Payroll Taxes$33,380$5,891-$39,271
Insurance$14,970$2,642-$17,612
Information Technology$12,389$2,186-$14,575
Fees for Services Accounting-$8,900-$8,900
Office Expenses$5,323$939-$6,262
Advertising$4,660$822-$5,482
Fees for Services Legal-$359-$359
Pension Plan Contributions$-104,121$-19,476-$-123,597
Total Functional Expenses$1,710,901$298,810$0$2,009,711

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,009,711
Total Expenses per Audited Statements$2,009,711
Total Expenses per Form 990$2,009,711
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Net Pension Liabilities$3,808,660
Deferred Inflows of Resources$2,804,839
Net OPEB Liability$190,219
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“Parents of students at Academy for Advanced and Creative Learning are members for purposes of the 990.”

Form 990, Part VI, Section A, line 7A

“The parents of students at AACL can elect up to three representatives to serve on the governing board.”

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

“Form 990 is reviewed by the Finance Committee and made available to the board before filing. The board is presented the 990 at a board meeting, which may occur after the return is filed.”

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

“The board and officers are required to disclose any potential conflicts of interest as defined by the School's policy and in accordance with District 11 policies. Any potential conflict is brought to the board for resolution and if a conflict is determined to exist the involved person is recused from the meeting and may not vote on the matter.”

Form 990, Part VI, Section B, line 15A

“A committee of the board conducted the recruitment and recommendation of hiring of the Academy Director. Compensation was based on an informal survey of the compensation of other charter schools. Official actions are documented in the board minutes.”

Form 990, Part VI, Section C, line 18

“Form 990 is made available to the public upon request.”

Form 990, Part VI, Section C, line 19

“Governing documents, conflict of interest policy and financial statements are available upon request. Certain information is available on the School's website in compliance with the Financial Transparency Act.”

Filing and Contact Details

Filer

Filer Name
Academy for Advanced and Creative
EIN
26-3823113
Phone
7194346566
Address
2510 N Chestnut Street, Colorado Springs, CO 80907

Signing Officer

Name
Jason Lachance
Title
Treasurer
Phone
7194346566
Signed
2019-11-07
Discuss with paid preparer
No

Organization Details

Principal Officer
Jason Lachance
Formed
2008
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
78
Volunteers
110

Preparer

Firm
Hoelting & Company Inc
Address
31 E Platte Ave Ste 300, Colorado Springs, CO 80903
Phone
7196301091
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“The finance committee oversees audit services and selection of independent auditors. This has not changed from the prior year.”

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IRS990/ProgramServiceRevenueGrp/Desc1Kindgarten Tuition
IRS990/ProgramServiceRevenueGrp/Desc2Other Program Services
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03006181
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt148712
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt224198
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03006181
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt148712
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt224198
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0179532
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02311
IRS990/PYOtherExpensesAmt0558252
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02884808
IRS990/PYRevenuesLessExpensesAmt0-565448
IRS990/PYSalariesCompEmpBnftPaidAmt03073847
IRS990/PYTotalExpensesAmt03632099
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03066651
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01360732
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03079091
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0707523
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0711659
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0257287
IRS990ScheduleD/BuildingsGrp/DepreciationAmt035682
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0292969
IRS990ScheduleD/EquipmentGrp/BookValueAmt073641
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0295455
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0369096
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02009711
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0232995
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt018613
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0251608
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01189975
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows of Resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02804839
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13808660
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2190219
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred Inflows of Resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net Pension Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Net OPEB Liability
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03370443
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0563923
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01189975
IRS990ScheduleD/TotalExpensesPerForm990Amt02009711
IRS990ScheduleD/TotalLiabilityAmt06803718
IRS990ScheduleD/TotalRevenuePerForm990Amt03370443
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03370443
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02009711
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Section 5.3 of the charter contract requires a racially nondiscriminatory policy which the school has and follows. Forms and information utilized during enrollment period include a written statement regarding the policy.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The school received grants from the Colorado Department of Education for charter school for instructional expenditures.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Parents of students at Academy for Advanced and Creative Learning are members for purposes of the 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The parents of students at AACL can elect up to three representatives to serve on the governing board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 is reviewed by the Finance Committee and made available to the board before filing. The board is presented the 990 at a board meeting, which may occur after the return is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board and officers are required to disclose any potential conflicts of interest as defined by the School's policy and in accordance with District 11 policies. Any potential conflict is brought to the board for resolution and if a conflict is determined to exist the involved person is recused from the meeting and may not vote on the matter.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A committee of the board conducted the recruitment and recommendation of hiring of the Academy Director. Compensation was based on an informal survey of the compensation of other charter schools. Official actions are documented in the board minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Form 990 is made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Governing documents, conflict of interest policy and financial statements are available upon request. Certain information is available on the School's website in compliance with the Financial Transparency Act.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The finance committee oversees audit services and selection of independent auditors. This has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XII, Line 2c:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt091300
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0663923
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04948827
IRS990/TotalAssetsEOYAmt04859295
IRS990/TotalAssetsGrp/BOYAmt04948827
IRS990/TotalAssetsGrp/EOYAmt04859295
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0284836
IRS990/TotalEmployeeCnt078
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0298810
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01710901
IRS990/TotalFunctionalExpensesGrp/TotalAmt02009711
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08336720
IRS990/TotalLiabilitiesEOYAmt06886456
IRS990/TotalLiabilitiesGrp/BOYAmt08336720
IRS990/TotalLiabilitiesGrp/EOYAmt06886456
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-3387893
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2027161
IRS990/TotalOtherCompensationAmt016624
IRS990/TotalProgramServiceExpensesAmt01710901
IRS990/TotalProgramServiceRevenueAmt03079091
IRS990/TotalReportableCompFromOrgAmt082500
IRS990/TotalRevenueGrp/ExclusionAmt06516
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03079091
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03370443
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0110
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04948827
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04859295
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-3479193
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-2691084
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02510 N Chestnut St
IRS990/USAddress/CityNm0Colorado Springs
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080907
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.academyacl.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0Jason Lachance
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07194346566
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Academy for Advanced and Creative

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,859,295
Liabilities
$6,886,456
Net assets
-$2,027,161
Revenue
$3,370,443
Expenses
$2,009,711
Net income
$1,360,732
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.49$4.59$2.89$4.80$4.49$0.32
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.41$4.79$2.63$4.46$4.29$0.17
2023Detailed filing. Detailed filing data is available for this year.$6.61$4.15$2.46$4.14$3.64$0.51
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.75$3.80$1.95$4.05$2.43$1.62
2021Detailed filing. Detailed filing data is available for this year.$5.39$5.06$0.33$3.29$2.17$1.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.97$5.75$0.78$3.30$2.06$1.24
2019Detailed filing. Detailed filing data is available for this year.$4.86$6.89$2.03$3.37$2.01$1.36
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.95$8.34$3.39$3.07$3.63$0.57
2017Detailed filing. Detailed filing data is available for this year.$4.55$7.21$2.65$2.37$3.30$0.93
2016Detailed filing. Detailed filing data is available for this year.$2.04$3.79$1.75$2.42$2.20$0.22
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$3.27$2.19$2.18$2.35$0.17
2014Detailed filing. Detailed filing data is available for this year.$0.90$0.10$0.80$2.01$1.81$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.10$0.60$1.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.09$0.35$1.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.10$0.20$1.38