Civic Intelligence

Lead Academy

990 • Fiscal year 2016 • EIN 27-0264738

Jul 01, 2015 to Jun 30, 2016 • Filed on May 01, 2017

PO Box 17617Greenville, SC 29606

(864) 770-1790

Siviq Scores

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

Liabilities / Assets

69th percentile

0.30x

Higher debt load relative to assets than 69% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

59th percentile

0.17x

Higher debt load relative to revenue than 59% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

78th percentile

17%

Higher net margin than 78% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

97th percentile

151%

Faster asset growth than 97% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

90th percentile

58%

Faster revenue growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,567,990

Up $942,312 (+151%) from 2015

Net Assets

Up

$1,095,511

Up $476,218 (+77%) from 2015

Liabilities

Up

$472,479

Up $466,094 (+7300%) from 2015

Revenue

Up

$2,775,923

Up $1,020,570 (+58%) from 2015

Expenses

Up

$2,299,705

Up $886,756 (+63%) from 2015

Net Income

Up

$476,218

Up $133,814 (+39%) from 2015

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

2016

Assets$1,567,990
Liabilities$472,479
Net Assets$1,095,511

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

2016

Revenue$2,775,923
Expenses$2,299,705
Net Income$476,218
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 1, 2017
Return Version
2015v3.0
Gross Receipts
$2,775,923
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.

To prepare all students, 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$49,544$135,350▲ $85,806
Cash and Non-Interest-Bearing Accounts$550,726$85,720▼ $465,006
Land, Buildings, and Equipment, Net$25,408$44,991▲ $19,583
Prepaid Expenses and Deferred Charges-$4,000-
Total Assets$625,678$1,567,990▲ $942,312
Other Assets Total$0$1,297,929▲ $1,297,929
Liabilities
Mortgage Notes Payable Secured by Investment Property-$400,000-
Accounts Payable and Accrued Expenses$1,270$67,391▲ $66,121
Deferred Revenue-$3,588-
Other Liabilities$5,115$1,500▼ $3,615
Total Liabilities$6,385$472,479▲ $466,094
Net Assets / Fund Balance
Unrestricted Net Assets$619,293$1,070,304▲ $451,011
Temporarily Rstr Net Assets-$25,207-
Total Net Assets Fund Balance$619,293$1,095,511▲ $476,218
Total Liabilities and Net Assets / Fund Balance$625,678$1,567,990▲ $942,312

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$44,991$52,530$97,521
Other Assets Org$1,297,929--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Elias S SurkinBoard Chair
Allison RoachDirector
Berri HicksDirector
Francisco MendezDirector
Glenda BooneDirector
Rebecca FaulknerDirector
Tanya JoyDirector
Whitney WrightDirector
Milton ShockleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,693,961
Program Service Revenue
$81,962
Investment Income
$0
Other Revenue
$0
All Other Contributions
$50,000
Change in Net Assets
$476,218

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,775,924
Revenue Not Reported on Financial Statements
$-1
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-1
Total Revenue per Audited Statements
$2,775,924
Total Revenue per Form 990
$2,775,923
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,570,895
Other Expenses$728,810
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,107,841$128,444-$1,236,285
Occupancy$212,573--$212,573
Other Employee Benefits$171,738$3,501-$175,239
Fees for Services Other$108,194--$108,194
Payroll Taxes$77,723$7,820-$85,543
Pension Plan Contributions$73,828--$73,828
Office Expenses$19,541$34,976-$54,517
Other Expenses$50,073--$50,073
All Other Expenses$23,375$19,638-$43,013
Information Technology$16,047--$16,047
Insurance$12,619--$12,619
Depreciation Depletion$10,933--$10,933
Fees for Services Accounting-$7,565-$7,565
Travel$2,505$3,130-$5,635
Fees for Services Legal-$3,563-$3,563
Advertising-$665-$665
Total Functional Expenses$2,090,403$209,302$0$2,299,705

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,299,706
Total Expenses per Audited Statements$2,299,706
Total Expenses per Form 990$2,299,705
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-1
Other Expense Adjustments$-1
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
Due to State$1,500
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, Line 11

Part 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.

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

Part 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.

Form 990, Part VI, Section C, Line 19

Part 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.

Filing and Contact Details

Filer

Filer Name
Lead Academy
EIN
27-0264738
Phone
8647701790
Address
PO BOX 17617, GREENVILLE, SC 29606

Signing Officer

Name
Elias S Surkin
Title
Board Chair
Phone
8647701790
Signed
2017-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elias S Surkin
Formed
2009
Legal Domicile
Sc
Voting Board Members
9
Independent Board Members
9
Employees
36
Volunteers
0

Preparer

Firm
Martin Smith & Company Cpas Pa
Address
1212 HAYWOOD ROAD BLDG 100, GREENVILLE, SC 29615-2200
Preparer
David a Smith
Phone
8642321040
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

ROUNDING -1.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

ROUNDING -1.

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IRS990/ActivityOrMissionDesc0TO PREPARE ALL STUDENTS, 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/Desc0LEAD ACADEMY IS HELPING ALL STUDENTS DEVELOP THE WORLD CLASS SKILLS AND LIFE AND CAREER CHARACTERISTICS OF THE PROFILE OF THE SOUTH CAROLINA GRADUATE BY CHALLENGING EVERY CHILD TO ACHIEVE AT AN EXCEPTIONALLY HIGH LEVEL, REGARDLESS OF BACKGROUND OR CIRCUMSTANCE. WE SET HIGH EXPECTATIONS FOR OUR STUDENTS THROUGH OUR FOCUS ON THE FOUR EXPECTATIONS THAT GUIDE OUR SCHOOL CULTURE: BE NICE; WORK HARD; SERVE WELL; HAVE FUN. THESE CORE VALUES DRIVE ALL PROGRAMS AND INITIATIVES AT LEAD. CONTINUED ON SCHEDULE OAS ASSESSMENTS CHANGED THIS SPRING, DATA IS NOT YET AVAILABLE FOR THIS NARRATIVE FOR THE 2015-16 SCHOOL YEAR. YET, WE CONTINUED TO BUILD ON OUR PAST ACCOMPLISHMENTS THAT INCLUDED A "GOOD" ABSOLUTE REPORT CARD RATING AND "EXCELLENT" GROWTH RATING, AND PALMETTO GOLD AND SILVER AWARDS. WHILE ASSESSMENT SCORES ARE IMPORTANT, WE ALSO BELIEVE THAT A BALANCED APPROACH TO EDUCATION SUPPORTS THE DEVELOPMENT OF THE WHOLE-CHILD INTO A SUCCESSFUL ADULT. WHEN A STUDENT IS DONE WITH SCHOOL AND ENTERS ADULT LIFE, SHE WILL BE JUDGED FOR THE REST OF HER LIFE NOT BY HER PERFORMANCE ON TESTS OF BASIC SKILLS, BUT BY THE QUALITY OF HER WORK AND THE QUALITY OF HER CHARACTER. ACCORDINGLY, WE BEGAN OUR FIRST FULL YEAR AS A NETWORK PARTNER OF EL EDUCATION, WHICH ASSISTS SCHOOLS IN DEFINING STUDENT ACHIEVEMENT IN THREE MEASURABLE DIMENSIONS: MASTERY OF ACADEMIC SKILLS AND CONTENT, HIGH-QUALITY WORK, AND CHARACTER.THE EL EDUCATION FRAMEWORK IS ALSO EXEMPLIFIED BY PROJECT-BASED LEARNING EXPEDITIONS, WHERE STUDENTS ENGAGE IN INTERDISCIPLINARY, IN-DEPTH STUDY OF COMPELLING TOPICS, IN GROUPS AND IN THEIR COMMUNITY, WITH ASSESSMENT COMING THROUGH CUMULATIVE PRODUCTS, PUBLIC PRESENTATIONS, AND PORTFOLIOS. THE MODEL EMPHASIZES HIGH LEVELS OF STUDENT ENGAGEMENT, ACHIEVEMENT, AND CHARACTER DEVELOPMENT. PARTNERSHIPS THAT PROVIDED INCREASED OPPORTUNITIES TO OUR STUDENTS WERE FORMED WITH THE UNITED WAY OF GREENVILLE COUNTY, GOODWILL GOODGUIDES, THE SCANSOURCE CHARITABLE FOUNDATION, AND THE ROTARY CLUB OF GREENVILLE. THESE ORGANIZATIONS SUPPORTED OUR EXTENDED DAY PROGRAM, PROVIDED TECHNOLOGY FOR OUR 1:1 CHROMEBOOK PROGRAM, ASSIGNED MENTORS, ASSISTED WITH COLLEGE AND CAREER PLANNING, AND ENGAGED OUR STUDENTS IN REGULAR CHARACTER EDUCATION LESSONS. OUR STUDENTS HAD THE OPPORTUNITY TO PARTICIPATE IN A NUMBER OF EXTRACURRICULAR ACTIVITIES AND CLUBS INCLUDING HONOR BAND, YMCA SPORTS LEAGUES, COMMUNITY SERVICE INITIATIVES, INTERSCHOLASTIC SPORTS, YEARBOOK, LEADERSHIP CLUB AND FLL ROBOTICS. ADDITIONALLY, WE ADDED BOTH DRAMA AND MUSIC CLASSES TO COMPLEMENT ART AND BAND AS FINE ART ELECTIVES. STUDENTS FULFILLING THEIR COMMUNITY SERVICE REQUIREMENT AGAIN LOGGED OVER 3,000 HOURS OF SERVICE. WE LOOK FORWARD TO BUILDING ON THE ACHIEVEMENTS OF YEARS PAST AS WE WORK TOGETHER AS A COMMUNITY OF PARENTS, STUDENTS AND TEACHERS TO BUILD THE NEXT GENERATION OF LEADERS.
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IRS990/MissionDesc0TO 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.
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0400000
IRS990/NetAssetsOrFundBalancesBOYAmt0619293
IRS990/NetAssetsOrFundBalancesEOYAmt01095511
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0212573
IRS990/OccupancyGrp/TotalAmt0212573
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt034976
IRS990/OfficeExpensesGrp/ProgramServicesAmt019541
IRS990/OfficeExpensesGrp/TotalAmt054517
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt01297929
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03501
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0171738
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0175239
IRS990/OtherExpensesGrp/Desc0FOOD SUPPLIES AND EQUIP
IRS990/OtherExpensesGrp/Desc1UNIFORMS
IRS990/OtherExpensesGrp/Desc2FIELD TRIPS
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL SERVICES
IRS990/OtherExpensesGrp/ProgramServicesAmt095539
IRS990/OtherExpensesGrp/ProgramServicesAmt157281
IRS990/OtherExpensesGrp/ProgramServicesAmt250593
IRS990/OtherExpensesGrp/ProgramServicesAmt350073
IRS990/OtherExpensesGrp/TotalAmt095539
IRS990/OtherExpensesGrp/TotalAmt157281
IRS990/OtherExpensesGrp/TotalAmt250593
IRS990/OtherExpensesGrp/TotalAmt350073
IRS990/OtherLiabilitiesGrp/BOYAmt05115
IRS990/OtherLiabilitiesGrp/EOYAmt01500
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0128444
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01107841
IRS990/OtherSalariesAndWagesGrp/TotalAmt01236285
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07820
IRS990/PayrollTaxesGrp/ProgramServicesAmt077723
IRS990/PayrollTaxesGrp/TotalAmt085543
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt073828
IRS990/PensionPlanContributionsGrp/TotalAmt073828
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04000
IRS990/PrincipalOfficerNm0ELIAS S SURKIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0PUPIL ACTIVITY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt081962
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt081962
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01654030
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0487419
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0101323
IRS990/PYRevenuesLessExpensesAmt0342404
IRS990/PYSalariesCompEmpBnftPaidAmt0925530
IRS990/PYTotalExpensesAmt01412949
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01755353
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0476218
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt081962
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt044991
IRS990ScheduleD/EquipmentGrp/DepreciationAmt052530
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt097521
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-1
IRS990ScheduleD/ExpensesSubtotalAmt02299706
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01297929
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-1
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO STATE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-1
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-1
IRS990ScheduleD/RevenueSubtotalAmt02775924
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ROUNDING -1.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ROUNDING -1.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt044991
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01297929
IRS990ScheduleD/TotalExpensesPerForm990Amt02299705
IRS990ScheduleD/TotalLiabilityAmt01500
IRS990ScheduleD/TotalRevenuePerForm990Amt02775923
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02775924
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02299706
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/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0WE PUBLICIZE OUR RACIALLY NONDISCRIMINATORY POLICY ON ALL OF OUR MARKETING MATERIALS-FLYERS, LETTERS, BORCHURES AS WELL AS ON OUR WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1LEAD ACADEMY DOES NOT PROVIDE SCHOLARSHIP OR FINANCIAL ASSISTANCE OF ANY KIND. THEREFORE, IT HAS NO RECORDS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt26A--LEAD ACADEMY RECEIVED APPROXIMATELY $240,000 FEDERAL AND $1,300,000 STATE FUNDS.
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/ExplanationTxt0PART 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/SupplementalInformationDetail/ExplanationTxt1PART 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/SupplementalInformationDetail/ExplanationTxt2PART 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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt025207
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0625678
IRS990/TotalAssetsEOYAmt01567990
IRS990/TotalAssetsGrp/BOYAmt0625678
IRS990/TotalAssetsGrp/EOYAmt01567990
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02693961
IRS990/TotalEmployeeCnt036
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0209302
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02090403
IRS990/TotalFunctionalExpensesGrp/TotalAmt02299705
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06385
IRS990/TotalLiabilitiesEOYAmt0472479
IRS990/TotalLiabilitiesGrp/BOYAmt06385
IRS990/TotalLiabilitiesGrp/EOYAmt0472479
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0619293
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01095511
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02090403
IRS990/TotalProgramServiceRevenueAmt081962
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt081962
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02775923
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0625678
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01567990
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03130
IRS990/TravelGrp/ProgramServicesAmt02505
IRS990/TravelGrp/TotalAmt05635
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0619293
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01070304
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 17617
IRS990/USAddress/CityNm0GREENVILLE
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029606
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0MYLEADACADEMY.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ELIAS S SURKIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum08647701790
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEAD ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0LEAD
ReturnHeader/Filer/EIN0270264738
ReturnHeader/Filer/PhoneNum08647701790
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 17617

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