Civic Intelligence

Academy for Advanced and Creative Learning

990 • Fiscal year 2024 • EIN 26-3823113

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 31, 2024

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

85th percentile

0.65x

Higher debt load relative to assets than 85% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

1.07x

Higher debt load relative to revenue than 85% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

49th percentile

3.8%

Higher net margin than 49% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

36th percentile

$96,826

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

7.5%

Faster revenue growth than 49% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$7,414,220

Up $800,536 (+12%) from 2023

Net Assets

Up

$2,626,541

Up $167,458 (+6.8%) from 2023

Liabilities

Up

$4,787,679

Up $633,078 (+15%) from 2023

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin49th percentile

Revenue

Up

$4,455,203

Up $311,337 (+7.5%) from 2023

Expenses

Up

$4,287,745

Up $651,030 (+18%) from 2023

Net Income

Down

$167,458

Down $339,693 (-67%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth69th 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

2024

Assets$7,414,220
Liabilities$4,787,679
Net Assets$2,626,541
Open 2024 Filing

Operations Trend

Revenue Growth49th 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

2024

Revenue$4,455,203
Expenses$4,287,745
Net Income$167,458
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 31, 2024
Return Version
2023v5.1
Gross Receipts
$4,455,203
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.

We will create an academic home for advanced and creative learning, cultivate personal and standards-based excellence and leadership ability, and serve as a resource center for the gifted community of the Pikes Peak Region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,574,199$2,732,953▲ $158,754
Cash and Non-Interest-Bearing Accounts$2,284,008$2,578,911▲ $294,903
Savings and Temporary Cash Investments$704,193$750,536▲ $46,343
Prepaid Expenses and Deferred Charges$23,688$51,905▲ $28,217
Pledges and Grants Receivable$252,409$16,049▼ $236,360
Total Assets$6,613,684$7,414,220▲ $800,536
Other Assets Total$775,187$1,283,866▲ $508,679
Liabilities
Other Liabilities$3,870,844$4,523,388▲ $652,544
Accounts Payable and Accrued Expenses$280,757$235,300▼ $45,457
Mortgage Notes Payable Secured by Investment Property-$28,991-
Deferred Revenue$3,000--
Total Liabilities$4,154,601$4,787,679▲ $633,078
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,339,083$2,406,056▲ $66,973
Net Assets With Donor Restrictions$120,000$220,485▲ $100,485
Total Net Assets Fund Balance$2,459,083$2,626,541▲ $167,458
Total Liabilities and Net Assets / Fund Balance$6,613,684$7,414,220▲ $800,536

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,137,555$56,252$2,193,807
Leasehold Improvements$533,552$296,559$830,111
Equipment$61,846$53,616$115,462
Other Assets Org$1,283,866--
Compensation and Service Providers
Top Officer Pay36th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Teresa BrownAcademy DirectorFT$71,543$25,283$96,826

Board Members and Trustees

NameTitle
Bryan OwensPresident & Secretary
Mark VogtnerVice President
Brooke StrawnDirector
Jeffrey BrownDirector
Justine MarquezDirector
Scott MarcyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$454,788
Program Service Revenue
$3,981,860
Investment Income
$16,519
Other Revenue
$2,036
All Other Contributions
$10,085
Change in Net Assets
$167,458

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,455,203
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,455,203
Total Revenue per Form 990
$4,455,203
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,442,721
Other Expenses$1,845,024
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,439,807$254,084-$1,693,891
Pension Plan Contributions$432,625$80,548-$513,173
All Other Expenses$149,174$26,326-$175,500
Other Expenses$130,542$23,037-$153,579
Current Officers, Directors, Trustees, and Key Employees$95,054$31,684-$126,738
Occupancy$105,777$18,667-$124,444
Other Employee Benefits$66,590$12,398-$78,988
Depreciation Depletion$43,928$7,752-$51,680
Payroll Taxes$25,233$4,698-$29,931
Insurance$22,261$3,933-$26,194
Fees for Services Legal-$19,501-$19,501
Fees for Services Accounting-$11,200-$11,200
Office Expenses$2,233$394-$2,627
Interest$1,471$260-$1,731
Travel$986$174-$1,160
Total Functional Expenses$3,625,393$662,352$0$4,287,745

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,287,745
Total Expenses per Audited Statements$4,287,745
Total Expenses per Form 990$4,287,745
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Readathon$15,250---
Total Events$15,250---
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$4,276,437
Deferred Inflows of Resources$143,693
Net OPEB Liability$103,258
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, 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
Brooke Strawn
Title
Treasurer
Phone
7194346566
Signed
2024-10-31
Discuss with paid preparer
No

Organization Details

Principal Officer
Brooke Strawn
Formed
2008
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
39
Volunteers
49

Preparer

Firm
Hoelting & Company Inc
Address
31 East Platte Avenue Suite 300, Colorado Springs, CO 80903
Preparer
Thomas G Sistare
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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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/Desc0Academy for Advanced and Creative Learning (AACL) is a K-8 open-enrollment charter school that is authorized by District 11 Colorado Springs. AACL specializes in advanced learners and serves students who are gifted, advanced, creative, and twice-exceptional. The school served 280 students during the 2023-2024 fiscal year. Students include those living within District 11 and also students coming from outside the District within the Pikes Peak Region.
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IRS990/OtherExpensesGrp/ProgramServicesAmt0732900
IRS990/OtherExpensesGrp/ProgramServicesAmt1217386
IRS990/OtherExpensesGrp/ProgramServicesAmt2159426
IRS990/OtherExpensesGrp/ProgramServicesAmt3130542
IRS990/OtherExpensesGrp/TotalAmt0862234
IRS990/OtherExpensesGrp/TotalAmt1255748
IRS990/OtherExpensesGrp/TotalAmt2159426
IRS990/OtherExpensesGrp/TotalAmt3153579
IRS990/OtherLiabilitiesGrp/BOYAmt03870844
IRS990/OtherLiabilitiesGrp/EOYAmt04523388
IRS990/OtherRevenueMiscGrp/BusinessCd0611110
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02036
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02036
IRS990/OtherRevenueTotalAmt02036
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0254084
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01439807
IRS990/OtherSalariesAndWagesGrp/TotalAmt01693891
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04698
IRS990/PayrollTaxesGrp/ProgramServicesAmt025233
IRS990/PayrollTaxesGrp/TotalAmt029931
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt080548
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0432625
IRS990/PensionPlanContributionsGrp/TotalAmt0513173
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0252409
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt016049
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023688
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt051905
IRS990/PrincipalOfficerNm0Brooke Strawn
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/Desc0Per Pupil Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Mill Levy Override
IRS990/ProgramServiceRevenueGrp/Desc2Charges for Services
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02932957
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11019045
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt229858
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02932957
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11019045
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt229858
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0430408
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05904
IRS990/PYOtherExpensesAmt01642033
IRS990/PYOtherRevenueAmt02068
IRS990/PYProgramServiceRevenueAmt03705486
IRS990/PYRevenuesLessExpensesAmt0498697
IRS990/PYSalariesCompEmpBnftPaidAmt02003136
IRS990/PYTotalExpensesAmt03645169
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04143866
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0167458
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03983896
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0704193
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0750536
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02137555
IRS990ScheduleD/BuildingsGrp/DepreciationAmt056252
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02193807
IRS990ScheduleD/EquipmentGrp/BookValueAmt061846
IRS990ScheduleD/EquipmentGrp/DepreciationAmt053616
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0115462
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04287745
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0533552
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0296559
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0830111
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01283866
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows of Resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04276437
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1143693
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2103258
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Inflows of Resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Net OPEB Liability
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04455203
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02732953
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01283866
IRS990ScheduleD/TotalExpensesPerForm990Amt04287745
IRS990ScheduleD/TotalLiabilityAmt04523388
IRS990ScheduleD/TotalRevenuePerForm990Amt04455203
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04455203
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04287745
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
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt015250
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt015250
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Readathon
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015250
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/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06613684
IRS990/TotalAssetsEOYAmt07414220
IRS990/TotalAssetsGrp/BOYAmt06613684
IRS990/TotalAssetsGrp/EOYAmt07414220
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0454788
IRS990/TotalEmployeeCnt039
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0662352
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03625393
IRS990/TotalFunctionalExpensesGrp/TotalAmt04287745
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04154601
IRS990/TotalLiabilitiesEOYAmt04787679
IRS990/TotalLiabilitiesGrp/BOYAmt04154601
IRS990/TotalLiabilitiesGrp/EOYAmt04787679
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02459083
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02626541
IRS990/TotalOtherCompensationAmt025283
IRS990/TotalProgramServiceExpensesAmt03625393
IRS990/TotalProgramServiceRevenueAmt03981860
IRS990/TotalReportableCompFromOrgAmt071543
IRS990/TotalRevenueGrp/ExclusionAmt016519
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03983896
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04455203
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt049
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06613684
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07414220

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,414,220
Liabilities
$4,787,679
Net assets
$2,626,541
Revenue
$4,455,203
Expenses
$4,287,745
Net income
$167,458
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
2024Detailed filing. Detailed filing data is available for this year.$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
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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