Civic Intelligence

Lead Academy

990 • Fiscal year 2013 • EIN 27-0264738

Jul 01, 2012 to Jun 30, 2013 • Filed on Mar 31, 2014

PO Box 1761729606
Siviq Scores

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

Liabilities / Assets

38th percentile

0.05x

Higher debt load relative to assets than 38% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

89th percentile

35%

Faster asset growth than 89% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$320,323

Up $83,091 (+35%) from 2012

Net Assets

Up

$304,482

Up $70,401 (+30%) from 2012

Liabilities

Up

$15,841

Up $12,690 (+403%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,042,651

Up $174,563 (+20%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2012: $237,232Liabilities 2012: $3,151Net Assets 2012: $234,0812012Assets 2013: $320,323Liabilities 2013: $15,841Net Assets 2013: $304,4822013Assets 2014: $288,803Liabilities 2014: $11,914Net Assets 2014: $276,8892014Assets 2015: $625,678Liabilities 2015: $6,385Net Assets 2015: $619,2932015Assets 2016: $1,567,990Liabilities 2016: $472,479Net Assets 2016: $1,095,5112016Assets 2017: $13,253,488Liabilities 2017: $12,263,829Net Assets 2017: $989,6592017Assets 2018: $11,996,733Liabilities 2018: $10,638,984Net Assets 2018: $1,357,7492018Assets 2019: $11,900,912Liabilities 2019: $10,222,659Net Assets 2019: $1,678,2532019Assets 2020: $11,926,614Liabilities 2020: $10,090,646Net Assets 2020: $1,835,9682020Assets 2021: $18,115,023Liabilities 2021: $16,371,235Net Assets 2021: $1,743,7882021Assets 2022: $17,504,894Liabilities 2022: $16,223,830Net Assets 2022: $1,281,0642022Assets 2023: $17,297,069Liabilities 2023: $16,068,048Net Assets 2023: $1,229,0212023Assets 2024: $16,804,745Liabilities 2024: $15,822,557Net Assets 2024: $982,1882024

Highlighted filing

2013

Assets$320,323
Liabilities$15,841
Net Assets$304,482

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $868,0882012Expenses 2013: $1,042,6512013Revenue 2014: $1,174,040Expenses 2014: $1,201,635Net Income 2014: -$27,5952014Revenue 2015: $1,755,353Expenses 2015: $1,412,949Net Income 2015: $342,4042015Revenue 2016: $2,775,923Expenses 2016: $2,299,705Net Income 2016: $476,2182016Revenue 2017: $3,509,579Expenses 2017: $3,615,431Net Income 2017: -$105,8522017Revenue 2018: $4,578,529Expenses 2018: $4,210,439Net Income 2018: $368,0902018Revenue 2019: $4,606,255Expenses 2019: $4,263,405Net Income 2019: $342,8502019Revenue 2020: $4,522,697Expenses 2020: $4,364,983Net Income 2020: $157,7142020Revenue 2021: $4,765,147Expenses 2021: $4,857,327Net Income 2021: -$92,1802021Revenue 2022: $4,564,880Expenses 2022: $5,027,604Net Income 2022: -$462,7242022Revenue 2023: $5,518,841Expenses 2023: $5,570,884Net Income 2023: -$52,0432023Revenue 2024: $5,682,175Expenses 2024: $5,929,010Net Income 2024: -$246,8352024

Highlighted filing

2013

Revenue-
Expenses$1,042,651
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Mar 31, 2014
Return Version
2012v2.1
Gross Receipts
$1,113,051
Mission and Program Overview

Mission

To prepare all students, particularly those who have not been successful in traditional school environments, for life-long success through a structured, caring environment of high academic expectations; to educate servant leaders through a commitment to develop each student in seven key areas: leadership, scholarship, character, teamwork, creativity, community engagement and identity.

Filing and Contact Details

Filer

EIN
27-0264738
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IRS990/ActivityOrMissionDescription0TO PREPARE ALL SUTDENTS, PARTICULARLY THOSE WHO HAVE NOT BEEN SUCCESSFUL IN TRADITIONAL SCHOOL ENVIRONMENTS; TO EDUCATE SERVANT LEADERS THROUGH A COMMITMENT TO DEVELOP EACH STUDENT IN SEVEN KEY AREAS: LEADERSHIP, SCHOLARSHIP, CHARACTER, TEAMWORK, CREATIVITY, COMMUNITY ENGAGEMENT AND IDENTITY.
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IRS990/Description0LEAD ACADEMY IS A PUBLIC CHARTER MIDDLE SCHOOL FOUNDED ON THE BELIEF THAT EVERY CHILD CAN ACHIEVE AT AN EXCEPTIONALLY HIGH LEVEL, REGARDLESS OF BACKGROUND OR CIRCUMSTANCES. WE SEEK TO PROVIDE A BRAND OF EDUCATION THAT AFFORDS ALL STUDENTS THE OPPORTUNITY TO PARTICIPATE IN A RIGOROUS, COLLEGE PREPARATORY INSTRUCTIONAL SETTING THAT WILL PREPARE THEM FOR A DEMANDING HIGH SCHOOL CURRICULUM AS WELL AS LIFE BEYOND THE CLASSROOM. THERE IS NO PREREQUISITE FOR ENTRANCE INTO LEAD ACADEMY. ANY FAMILY THAT RESIDES WITHIN GREENVILLE COUNTY AND IS WILLING TO MAKE THE NECESSARY COMMITMENT IS WELCOME TO ATTEND. SUCH A COMMITMENT REQUIRES THAT ALL STAKEHOLDERS (PARENTS, STUDENTS AND TEACHERS) POSSESS A STEADFAST DETERMINATION TO REALIZE THE MISSION OF THE SCHOOL. OUR EXPECTATIONS ARE SIMPLE: BE NICE. WORK HARD. SERVE WELL. HIGHLIGHTS OUR ENROLLMENT IS 145 STUDENTS. WE HAD OUR 1ST GRADUATING CLASS IN JUNE 2013: A TOTAL OF 23 8TH GRADERS. FOR THE 2012-2013 SCHOOL YEAR, OUR SOUTH CAROLINA STATE REPORT CARD HAD AN ABSOLUTE SCORE CHANGE FROM AVERAGE TO GOOD AND MAINTAINED OUR GROWTH RATING OF EXCELLENT. OUR VALUE-ADDED STUDENT ACADEMIC GROWTH SCORE THE HIGHEST ACHIEVABLE AT 5. THIS MEANS THAT OUR STUDENTS ACHIEVED SIGNIFICANTLY MORE THAN ONE ACADEMIC YEAR OF GROWTH. DURING THE SCHOOL YEAR, LEAD ACADEMY BEGAN A CHARACTER EDUCATION PARTNERSHIP WITH THE LOCAL ROTARY CLUB TO BRING THE EARLYACT FIRSTKNIGHT PROGRAM TO OUR SCHOOLS. ADDITIONALLY, OUR STUDENT COMPLETED OVER OVER 2200 HOURS OF VOLUNTEER HOURS/COMMUNITY SERVICE.
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IRS990ScheduleE/Form990ScheduleEPartII/Explanation0WE PUBLICIZE OUR RACIALLY NONDISCRIMINATORY POLICY ON ALL OF OUR MARKETING MATERIALS-FLYERS, LETTERS, BORCHURES AS WELL AS ON OUR WEBSITE.
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1LEAD ACADEMY DOES NOT PROVIDE SCHOLARSHIP OR FINANCIAL ASSISTANCE OF ANY KIND. THEREFORE, IT HAS NO RECORDS,
IRS990ScheduleE/Form990ScheduleEPartII/Explanation26A--LEAD ACADEMY RECEIVED A CHARTER SCHOOL PROGRAM PLANNING AND IMPLEMENTATION GRANT FROM THE SOUTH CAROLINA DEPARTMENT OF EDUCATION IN THE AMOUNT OF $75,000.
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IRS990ScheduleO/GeneralExplanation/Explanation0PART VI, SECTION B, LINE11 THE BOARD DOES NOT REVIEW THE FORM 990 PRIOR TO SUBMISSION. COPIES OF THE SUBMITTED FORM 990 WILL BE DISTRIBUTED TO THE BOARD FOR REVIEW.
IRS990ScheduleO/GeneralExplanation/Explanation1PART VI, SECTION B. POLICIES #12C EVERY YEAR, BOARD MEMBERS SIGN OFF ON THE CONFLICT OF INTEREST POLICY AND AGREE TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. A TRAINING IN THIS AREA IS ALSO INCLUDED IN THE MANDATORY ORIENTATION THAT ALL BOARD MEMBERS HAVE TO COMPLETE WITHIN ONE YEAR OF TAKING OFFICE.
IRS990ScheduleO/GeneralExplanation/Explanation2PART VI, SECTION C. DISCLOSURE 19. LEAD ACADEMY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY,THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ON FILE WITH THE OFFICE OF THE SOUTH CAROLINA SECRETARY OF STATE.
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IRS990/TotalAssets/BOY0237232
IRS990/TotalAssetsBOY0237232
IRS990/TotalAssets/EOY0320323
IRS990/TotalAssetsEOY0320323
IRS990/TotalCompGT150K00
IRS990/TotalContributions01052379
IRS990/TotalExpensesCurrentYear01042651
IRS990/TotalExpensesPriorYear0868088
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral0213467
IRS990/TotalFunctionalExpenses/ProgramServices0829184
IRS990/TotalFunctionalExpenses/Total01042651
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY03151
IRS990/TotalLiabilitiesBOY03151
IRS990/TotalLiabilities/EOY015841
IRS990/TotalLiabilitiesEOY015841
IRS990/TotalLiabNetAssetsFundBalances/BOY0237232
IRS990/TotalLiabNetAssetsFundBalances/EOY0320323
IRS990/TotalNbrEmployees020
IRS990/TotalNbrVolunteers075
IRS990/TotalNetAssetsFundBalances/BOY0234081
IRS990/TotalNetAssetsFundBalances/EOY0304482
IRS990/TotalOtherCompensation00
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceExpense0829184
IRS990/TotalProgramServiceRevenue060672
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg00
IRS990/TotalRevenueCurrentYear01113051
IRS990/TotalRevenue/ExclusionAmount00
IRS990/TotalRevenuePriorYear01050910
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome060672
IRS990/TotalRevenue/TotalRevenueColumn01113051
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransfersToExemptNonChrtblOrg00
IRS990/Travel/ManagementAndGeneral02964
IRS990/Travel/Total02964
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome00
IRS990/UnrestrictedNetAssets/BOY0234081
IRS990/UnrestrictedNetAssets/EOY0304482
IRS990/UponRequest0X
IRS990/WebSite0MYLEADACADEMY.COM
IRS990/WhistleblowerPolicy00
IRS990/YearFormation02009
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/Filer/EIN0270264738
ReturnHeader/Filer/Name/BusinessNameLine10LEAD ACADEMY
ReturnHeader/Filer/NameControl0LEAD
ReturnHeader/Filer/Phone08647701790
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 17617
ReturnHeader/Filer/USAddress/City0GREENVILLE
ReturnHeader/Filer/USAddress/State0SC

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$15.8$0.98$5.68$5.93$0.25
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.3$16.1$1.23$5.52$5.57$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$16.2$1.28$4.56$5.03$0.46
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.1$16.4$1.74$4.77$4.86$0.09
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$10.1$1.84$4.52$4.36$0.16
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$10.2$1.68$4.61$4.26$0.34
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$10.6$1.36$4.58$4.21$0.37
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.3$12.3$0.99$3.51$3.62$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.57$0.47$1.10$2.78$2.30$0.48
2015Detailed filing. Detailed filing data is available for this year.$0.63$0.01$0.62$1.76$1.41$0.34
2014Detailed filing. Detailed filing data is available for this year.$0.29$0.01$0.28$1.17$1.20$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.02$0.30$1.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.00$0.23$0.87