Civic Intelligence

Lead Academy

990 • Fiscal year 2024 • EIN 27-0264738

Jul 01, 2023 to Jun 30, 2024 • Filed on May 15, 2025

804 Mauldin RoadGreenville, SC 29607

(864) 916-1459

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.94x

Higher debt load relative to assets than 92% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

2.78x

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

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

25th percentile

-4.3%

Higher net margin than 25% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

22nd percentile

-2.8%

Faster asset growth than 22% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

39th percentile

3.0%

Faster revenue growth than 39% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$16,804,745

Down $492,324 (-2.8%) from 2023

Net Assets

Down

$982,188

Down $246,833 (-20%) from 2023

Liabilities

Down

$15,822,557

Down $245,491 (-1.5%) from 2023

Revenue

Up

$5,682,175

Up $163,334 (+3.0%) from 2023

Expenses

Up

$5,929,010

Up $358,126 (+6.4%) from 2023

Net Income

Down

-$246,835

Down $194,792 (-374%) from 2023

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

2024

Assets$16,804,745
Liabilities$15,822,557
Net Assets$982,188

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

2024

Revenue$5,682,175
Expenses$5,929,010
Net Income-$246,835
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$5,682,175
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
Land, Buildings, and Equipment, Net$14,661,168$14,202,733▼ $458,435
Cash and Non-Interest-Bearing Accounts$2,437,517$2,260,030▼ $177,487
Rtn Earn Endowment Incm Other Fnds$1,229,021$982,188▼ $246,833
Pledges and Grants Receivable$185,522$331,533▲ $146,011
Prepaid Expenses and Deferred Charges$12,862$10,449▼ $2,413
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$17,297,069$16,804,745▼ $492,324
Liabilities
Mortgage Notes Payable Secured by Investment Property$15,883,333$15,683,333▼ $200,000
Accounts Payable and Accrued Expenses$172,758$136,699▼ $36,059
Deferred Revenue$11,957$2,525▼ $9,432
Total Liabilities$16,068,048$15,822,557▼ $245,491
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,229,021$982,188▼ $246,833
Total Liabilities and Net Assets / Fund Balance$17,297,069$16,804,745▼ $492,324

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,319,155$1,549,577$13,868,732
Land$1,048,866-$1,048,866
Other Land Buildings$513,111$67,012$580,123
Equipment$321,601$220,822$542,423
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Chef360Food Service - Breakfast And Lunch130-C JOHNS RD, Greer, SC 29650$266,667
Revenue and Support

Revenue Composition

Contributions and Grants
$5,506,365
Program Service Revenue
$90,695
Investment Income
$85,115
Other Revenue
$0
All Other Contributions
$10,638
Change in Net Assets
$-246,835

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,682,175
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,682,175
Total Revenue per Form 990
$5,682,175
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,115,795
Other Expenses$2,813,215
Total Fundraising Expense$51,276
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,334,223$122,191$51,276$2,507,690
Interest-$790,550-$790,550
Other Employee Benefits$401,198$89,212-$490,410
Depreciation Depletion$366,749$91,688-$458,437
Occupancy$364,027$7,313-$371,340
Fees for Services Other$89,319$97,600-$186,919
Office Expenses$5,906$126,206-$132,112
All Other Expenses$78,685$51,966-$130,651
Information Technology$85,583$12,645-$98,228
Other Expenses$85,836$89,773-$85,836
Payroll Taxes$34,227$24,708-$58,935
Pension Plan Contributions$58,760--$58,760
Insurance$40,571--$40,571
Advertising-$22,240-$22,240
Travel$21,341$257-$21,598
Fees for Services Accounting-$10,300-$10,300
Fees for Services Legal-$180-$180
Fees for Services Management-$63-$63
Total Functional Expenses$4,236,577$1,641,157$51,276$5,929,010

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,929,010
Total Expenses per Audited Statements$5,929,010
Total Expenses per Form 990$5,929,010
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
APublic Finance Authority (series 2016a)2016-08-23$10,110,000Land acquisition, building construction and capital improvements
BPublic Finance Authority (series 2021a)2021-05-27$6,425,000BUILDING CONSTRUCTION

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$10,110,000-$850,000$202,200
B$6,425,000--$210,578

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
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 11B

Part vi, section b, line11 the entire board does not review the form 990 prior to submission. It is reviewed by the principal and chairman prior to filing.

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 B, Line 15

Explanation ofr how officers salaries are determinied [990-7 box 75]

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
8649161459
Address
804 MAULDIN ROAD, GREENVILLE, SC 29607

Signing Officer

Name
Milton Shockley
Title
Treasurer
Phone
8649161459
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Curtis Baker
Formed
2009
Legal Domicile
Sc
Voting Board Members
9
Independent Board Members
9
Employees
66
Volunteers
6

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

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING 2.

Financial Statement Notes

PART X, LINE 2:

The financial statements were prepared in accordance with governmental accounting standards, which does not require the adoption of fin 48.

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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/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01837411
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014661168
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014202733
IRS990/LandBldgEquipCostOrOtherBssAmt016040144
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt015883333
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt015683333
IRS990/NetAssetsOrFundBalancesBOYAmt01229021
IRS990/NetAssetsOrFundBalancesEOYAmt0982188
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt07313
IRS990/OccupancyGrp/ProgramServicesAmt0364027
IRS990/OccupancyGrp/TotalAmt0371340
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0126206
IRS990/OfficeExpensesGrp/ProgramServicesAmt05906
IRS990/OfficeExpensesGrp/TotalAmt0132112
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt02
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt089212
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0401198
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0490410
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1STAFF DEVELOPMENT/PROGR
IRS990/OtherExpensesGrp/Desc2FEE PAID TO SC PUBLIC C
IRS990/OtherExpensesGrp/Desc3FIELD TRIPS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0104265
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt189773
IRS990/OtherExpensesGrp/ProgramServicesAmt0270152
IRS990/OtherExpensesGrp/ProgramServicesAmt185836
IRS990/OtherExpensesGrp/TotalAmt0270152
IRS990/OtherExpensesGrp/TotalAmt1104265
IRS990/OtherExpensesGrp/TotalAmt289773
IRS990/OtherExpensesGrp/TotalAmt385836
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt051276
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0122191
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02334223
IRS990/OtherSalariesAndWagesGrp/TotalAmt02507690
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt024708
IRS990/PayrollTaxesGrp/ProgramServicesAmt034227
IRS990/PayrollTaxesGrp/TotalAmt058935
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt058760
IRS990/PensionPlanContributionsGrp/TotalAmt058760
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0185522
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0331533
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012862
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010449
IRS990/PrincipalOfficerNm0CURTIS BAKER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0PUPIL ACTIVITY
IRS990/ProgramServiceRevenueGrp/Desc1OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2LUNCH SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt082715
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16610
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21370
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt082715
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16610
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21370
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05315000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt053205
IRS990/PYOtherExpensesAmt02652351
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0150636
IRS990/PYRevenuesLessExpensesAmt0-52043
IRS990/PYSalariesCompEmpBnftPaidAmt02918533
IRS990/PYTotalExpensesAmt05570884
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05518841
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-246835
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt090695
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01229021
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0982188
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt012319155
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01549577
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013868732
IRS990ScheduleD/EquipmentGrp/BookValueAmt0321601
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0220822
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0542423
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05929010
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01048866
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01048866
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0513111
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt067012
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0580123
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05682175
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH GOVERNMENTAL ACCOUNTING STANDARDS, WHICH DOES NOT REQUIRE THE ADOPTION OF FIN 48.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014202733
IRS990ScheduleD/TotalExpensesPerForm990Amt05929010
IRS990ScheduleD/TotalRevenuePerForm990Amt05682175
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05682175
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05929010
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, BROCHURES 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/ExplanationTxt2LEAD ACADEMY RECEIVED APPROXIMATELY $5,228,000 OF FEDERAL AND 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
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd11
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0ISSUER NAME: PUBLIC FINANCE AUTHORITY (SERIES 2016A) DATE THE REBATE COMPUTATION WAS PERFORMED: 08/01/2023 ISSUER NAME: PUBLIC FINANCE AUTHORITY (SERIES 2021A) DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2024
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0DATE REBATE COMPUTATION PERFORMED
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd11
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02016-08-23
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12021-05-27
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0273866124
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1273866124
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum074443DAS0
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum174443DGF2
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt010110000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt16425000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0PUBLIC FINANCE AUTHORITY (SERIES 2016A)
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1PUBLIC FINANCE AUTHORITY (SERIES 2021A)
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$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