Civic Intelligence

Falcon Academy of the Creative Arts

EIN 26-4389989 • 501(c)3 • Mogadore, OH

Revoked

Profile

Revocation date: Nov 15, 2017

1473 Saxe RoadMogadore, OH 44260

www.falconacademy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.43x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.10x

Higher debt load relative to revenue than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

48th percentile

3.3%

Higher net margin than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$44,216

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

80th percentile

22%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$328,337

Up $59,828 (+22%) from 2013

Liabilities

Up

$140,956

Up $13,871 (+11%) from 2013

Net Assets

Up

$187,381

Up $45,957 (+32%) from 2013

Revenue

$1,375,735

No earlier filing loaded for comparison.

Expenses

Up

$1,329,778

Up $177,975 (+15%) from 2013

Net Income

$45,957

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2013: $268,509Liabilities 2013: $127,085Net Assets 2013: $141,4242013Assets 2014: $328,337Liabilities 2014: $140,956Net Assets 2014: $187,3812014

Highlighted filing

2014

Assets$328,337
Liabilities$140,956
Net Assets$187,381

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0Expenses 2013: $1,151,8032013Revenue 2014: $1,375,735Expenses 2014: $1,329,778Net Income 2014: $45,9572014

Highlighted filing

2014

Revenue$1,375,735
Expenses$1,329,778
Net Income$45,957

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 6, 2015
Return Version
2013v4.0
Gross Receipts
$1,375,735
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$47,226$162,617▲ $115,391
Savings and Temporary Cash Investments$208,675$139,959▼ $68,716
Pledges and Grants Receivable$12,608$25,761▲ $13,153
Total Assets$268,509$328,337▲ $59,828
Liabilities
Grants Payable$121,945$123,456▲ $1,511
Accounts Payable and Accrued Expenses$5,140$17,500▲ $12,360
Total Liabilities$127,085$140,956▲ $13,871
Net Assets / Fund Balance
Unrestricted Net Assets$141,417$187,374▲ $45,957
Temporarily Rstr Net Assets$7$7→ $0
Total Net Assets Fund Balance$141,424$187,381▲ $45,957
Total Liabilities and Net Assets / Fund Balance$268,509$328,337▲ $59,828

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$134,119$9,562$143,681
Equipment$28,498$9,786$38,284
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Margo SniderPrincipal/ CEOPT$44,216$44,216
Todd PusterTreasurer-$12,120$12,120
Andrea ShearerVice President-$1,560$1,560
James Jim ConroyBoard Member-$1,560$1,560
Frank SusiBoard Member-$1,440$1,440
Shirley MarsPresident-$1,440$1,440
Robin Vande ZandeBoard Member-$1,320$1,320

Highest Paid Contractors

ContractorServicesLocationCompensation
Field Local School DistrictCharter School Sponsor-$992,460
Revenue and Support

Revenue Composition

Contributions and Grants
$1,355,898
Program Service Revenue
$19,837
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$45,957

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,375,735
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,375,735
Total Revenue per Form 990
$1,375,735
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,266,122
Salaries, Compensation, and Employee Benefits$63,656
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$748,873$276,981-$1,025,854
Fees for Services Other$73,910$27,336-$101,246
Other Expenses$49,636$18,358-$67,994
Current Officers, Directors, Trustees, and Key Employees-$63,656-$63,656
Office Expenses$31,912$10,637-$42,549
Depreciation Depletion$10,901--$10,901
Fees for Services Accounting-$8,934-$8,934
Fees for Services Legal-$8,644-$8,644
Total Functional Expenses$915,232$414,546$0$1,329,778

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,329,778
Total Expenses per Audited Statements$1,329,778
Total Expenses per Form 990$1,329,778
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Falcon academy of the creative arts had a contract with field local school district to provide fiscal administrative services, facilities, supplies, and personnel services. The school's board members do retain the responsibilities regarding state mandated provisions of student population, curriculum, academic goals, performance standards, and qualification of the school's faculty and staff.

Form 990, Part VI, Section B, Line 11

The organization's information is submitted to an independent accountant at the end of the fiscal year. Once the financial statements have been prepared and reviewed, the tax return is prepared by the accounting firm. Before submission to the tax authorities, it is presented to the treasurer for review and approval. Once no corrections are needed, the draft is provided to the remaining board members for review before it is submitted to the appropriate tax authorities.

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

The organization has a written conflict of interest policy that must be signed each year. This is monitored by the board members annually.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

EIN
26-4389989
Phone
3306734514

Signing Officer

Name
Todd Puster
Title
Treasurer
Phone
3306734514
Signed
2015-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shirley Mars
Formed
2010
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
25

Preparer

Preparer
Mary Elizabeth Wright CPA
Phone
7404325658
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Explanation of most significant activity: falcon academy of creative arts is a nonprofit corporation established to educate students in kindergarten through twelfth grade.

Form 990, Part III, Line 1

Statement of organization's mission: the organization's mission is to benefit the public through charitable and educational purposes within irs guidelines by teaching, training, fostering, supporting, developing and promoting educational core academic skils, literacy, and creative arts proficiency among youth.

Form 990, Part XII, Line 2C

Financial statements and reporting: the organization does have a committee that assumes oversight responsibility of audit, review of its financial statements, and selection of an independent accountant. This has not changed since the prior year.

Financial Statement Notes

PART X, LINE 2:

Of schedule d: "the academy is a non-profit organization that, in the opinion of legal counsel, is exempt from federal income taxes due to the academy's status as an integral part of its sponsoring political subdivision, the field local school district."

Raw XML AppendixShowing 400 of 415 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05140
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt017500
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SEE SCHEDULE O
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10TODD PUSTER
IRS990/BooksInCareOfDetail/PhoneNum03306734514
IRS990/BooksInCareOfDetail/USAddress/AddressLine101473 SAXE ROAD
IRS990/BooksInCareOfDetail/USAddress/City0MOGADORE
IRS990/BooksInCareOfDetail/USAddress/State0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCode044260
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt063656
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt063656
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0992460
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine101473 SAXE ROAD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City0MOGADORE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State0OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode044260
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine10FIELD LOCAL SCHOOL DISTRICT
IRS990/ContractorCompensationGrp/ServicesDesc0CHARTER SCHOOL SPONSOR
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01355898
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01266122
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt019837
IRS990/CYRevenuesLessExpensesAmt045957
IRS990/CYSalariesCompEmpBnftPaidAmt063656
IRS990/CYTotalExpensesAmt01329778
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01375735
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt010901
IRS990/DepreciationDepletionGrp/TotalAmt010901
IRS990/Desc0OPERATED A PUBLIC CHARTER SCHOOL FOR GRADES KINDERGARTEN THROUGH TWELFTH GRADE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0915232
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08934
IRS990/FeesForServicesAccountingGrp/TotalAmt08934
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt08644
IRS990/FeesForServicesLegalGrp/TotalAmt08644
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0276981
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0748873
IRS990/FeesForServicesManagementGrp/TotalAmt01025854
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt027336
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt073910
IRS990/FeesForServicesOtherGrp/TotalAmt0101246
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt620.00
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/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0FRANK SUSI
IRS990/Form990PartVIISectionAGrp/PersonNm1SHIRLEY MARS
IRS990/Form990PartVIISectionAGrp/PersonNm2ANDREA SHEARER
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES JIM CONROY
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBIN VANDE ZANDE
IRS990/Form990PartVIISectionAGrp/PersonNm5TODD PUSTER
IRS990/Form990PartVIISectionAGrp/PersonNm6MARGO SNIDER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt01440
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11440
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21560
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31560
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt41320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt512120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt644216
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRINCIPAL/ CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt01355898
IRS990/GrantsPayableGrp/BOYAmt0121945
IRS990/GrantsPayableGrp/EOYAmt0123456
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01375735
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt019348
IRS990/LandBldgEquipBasisNetGrp/BOYAmt047226
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0162617
IRS990/LandBldgEquipCostOrOtherBssAmt0181965
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0141424
IRS990/NetAssetsOrFundBalancesEOYAmt0187381
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010637
IRS990/OfficeExpensesGrp/ProgramServicesAmt031912
IRS990/OfficeExpensesGrp/TotalAmt042549
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018358
IRS990/OtherExpensesGrp/ProgramServicesAmt049636
IRS990/OtherExpensesGrp/TotalAmt067994
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt012608
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt025761
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SHIRLEY MARS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM OPERATING REVE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt019837
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019837
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01126977
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01100083
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt019101
IRS990/PYRevenuesLessExpensesAmt0-5725
IRS990/PYSalariesCompEmpBnftPaidAmt051720
IRS990/PYTotalExpensesAmt01151803
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01146078
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt045957
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt019837
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0208675
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0139959
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt028498
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09786
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038284
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01329778
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0134119
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09562
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0143681
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01375735
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0OF SCHEDULE D: "THE ACADEMY IS A NON-PROFIT ORGANIZATION THAT, IN THE OPINION OF LEGAL COUNSEL, IS EXEMPT FROM FEDERAL INCOME TAXES DUE TO THE ACADEMY'S STATUS AS AN INTEGRAL PART OF ITS SPONSORING POLITICAL SUBDIVISION, THE FIELD LOCAL SCHOOL DISTRICT."
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0162617
IRS990ScheduleD/TotalExpensesPerForm990Amt01329778
IRS990ScheduleD/TotalRevenuePerForm990Amt01375735
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01375735
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01329778
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd00
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd00
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S NONDISCRIMINATION POLICY IS STATED IN THE SCHOOL'S HANDBOOK AND IS DISTRIBUTED TO ALL STUDENTS AND THEIR FAMILIES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL IS A CHARTER SCHOOL SUPPORTED BY OHIO TAXES AND BY LAW CANNOT CHARGE ANY TUITION. THERE IS THEREFORE NO NEED TO OFFER SCHOLARSHIPS OR FINANCIAL ASSISTANCE. NEITHER DOES THE SCHOOL SOLICIT FUND.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION IS FUNDED AS A PUBLIC CHARTER SCHOOL THROUGH THE OHIO DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPLANATION OF MOST SIGNIFICANT ACTIVITY: FALCON ACADEMY OF CREATIVE ARTS IS A NONPROFIT CORPORATION ESTABLISHED TO EDUCATE STUDENTS IN KINDERGARTEN THROUGH TWELFTH GRADE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1STATEMENT OF ORGANIZATION'S MISSION: THE ORGANIZATION'S MISSION IS TO BENEFIT THE PUBLIC THROUGH CHARITABLE AND EDUCATIONAL PURPOSES WITHIN IRS GUIDELINES BY TEACHING, TRAINING, FOSTERING, SUPPORTING, DEVELOPING AND PROMOTING EDUCATIONAL CORE ACADEMIC SKILS, LITERACY, AND CREATIVE ARTS PROFICIENCY AMONG YOUTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FALCON ACADEMY OF THE CREATIVE ARTS HAD A CONTRACT WITH FIELD LOCAL SCHOOL DISTRICT TO PROVIDE FISCAL ADMINISTRATIVE SERVICES, FACILITIES, SUPPLIES, AND PERSONNEL SERVICES. THE SCHOOL'S BOARD MEMBERS DO RETAIN THE RESPONSIBILITIES REGARDING STATE MANDATED PROVISIONS OF STUDENT POPULATION, CURRICULUM, ACADEMIC GOALS, PERFORMANCE STANDARDS, AND QUALIFICATION OF THE SCHOOL'S FACULTY AND STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S INFORMATION IS SUBMITTED TO AN INDEPENDENT ACCOUNTANT AT THE END OF THE FISCAL YEAR. ONCE THE FINANCIAL STATEMENTS HAVE BEEN PREPARED AND REVIEWED, THE TAX RETURN IS PREPARED BY THE ACCOUNTING FIRM. BEFORE SUBMISSION TO THE TAX AUTHORITIES, IT IS PRESENTED TO THE TREASURER FOR REVIEW AND APPROVAL. ONCE NO CORRECTIONS ARE NEEDED, THE DRAFT IS PROVIDED TO THE REMAINING BOARD MEMBERS FOR REVIEW BEFORE IT IS SUBMITTED TO THE APPROPRIATE TAX AUTHORITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT MUST BE SIGNED EACH YEAR. THIS IS MONITORED BY THE BOARD MEMBERS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE BY WAY OF REQUEST TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL STATEMENTS AND REPORTING: THE ORGANIZATION DOES HAVE A COMMITTEE THAT ASSUMES OVERSIGHT RESPONSIBILITY OF AUDIT, REVIEW OF ITS FINANCIAL STATEMENTS, AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS HAS NOT CHANGED SINCE THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10FIELD LOCAL SCHOOL DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0346004504
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0OPERATION OF PRIMARY AND SECONDARY SCHOOLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PUBLIC EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine101473 SAXE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0MOGADORE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode044260
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt072730
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1895424
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt274342
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ESTIMATED VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2ESTIMATED VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10FIELD LOCAL SCHOOL DISTRICT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine11FIELD LOCAL SCHOOL DISTRICT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine12FIELD LOCAL SCHOOL DISTRICT
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt07
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt07
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0268509
IRS990/TotalAssetsEOYAmt0328337
IRS990/TotalAssetsGrp/BOYAmt0268509
IRS990/TotalAssetsGrp/EOYAmt0328337
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01355898
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0414546
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0915232
IRS990/TotalFunctionalExpensesGrp/TotalAmt01329778
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0127085
IRS990/TotalLiabilitiesEOYAmt0140956
IRS990/TotalLiabilitiesGrp/BOYAmt0127085
IRS990/TotalLiabilitiesGrp/EOYAmt0140956
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0141424
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0187381
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0915232
IRS990/TotalProgramServiceRevenueAmt019837
IRS990/TotalReportableCompFromOrgAmt063656
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt019837
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01375735
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0268509
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0328337
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0141417
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0187374
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101473 SAXE ROAD
IRS990/USAddress/City0MOGADORE
IRS990/USAddress/State0OH
IRS990/USAddress/ZIPCode044260
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.FALCONACADEMY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TODD PUSTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03306734514
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine10FALCON ACADEMY OF THE CREATIVE ARTS
ReturnHeader/Filer/BusinessNameControlTxt0FALC
ReturnHeader/Filer/EIN0264389989
ReturnHeader/Filer/PhoneNum03306734514
ReturnHeader/Filer/USAddress/AddressLine101473 SAXE ROAD
ReturnHeader/Filer/USAddress/City0MOGADORE
ReturnHeader/Filer/USAddress/State0OH

Document Assets

No mirrored PDF or thumbnail assets are attached yet.