Civic Intelligence

Knowledge Academies Inc.

990 • Fiscal year 2019 • EIN 27-0547275

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 15, 2020

Organization ProfileWWW.KAYOUTH.ORG
5320 Hickory Hollow Pkwy Ste BAntioch, TN 37013

(615) 800-6814

Siviq Scores

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

Liabilities / Assets

96th percentile

1.20x

Higher debt load relative to assets than 96% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

2.92x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

11th percentile

-18%

Higher net margin than 11% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

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

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

31st percentile

-0.0%

Faster asset growth than 31% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

74th percentile

14%

Faster revenue growth than 74% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$25,784,247

Down $11,330 (-0.0%) from 2018

Net Assets

Down

-$5,211,441

Down $2,982,787 (-134%) from 2018

Liabilities

Up

$30,995,688

Up $2,971,457 (+11%) from 2018

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin11th percentile

Revenue

Up

$10,605,140

Up $1,309,438 (+14%) from 2018

Expenses

Up

$12,531,127

Up $1,322,317 (+12%) from 2018

Net Income

Down

-$1,925,987

Down $12,879 (-0.7%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$40M$20M$0-$20MAssets 2015: $682,151Liabilities 2015: $480,549Net Assets 2015: $201,6022015Assets 2016: $1,318,969Liabilities 2016: $798,637Net Assets 2016: $520,3322016Assets 2017: $1,342,457Liabilities 2017: $1,658,003Net Assets 2017: -$315,5462017Assets 2018: $25,795,577Liabilities 2018: $28,024,231Net Assets 2018: -$2,228,6542018Assets 2019: $25,784,247Liabilities 2019: $30,995,688Net Assets 2019: -$5,211,4412019Assets 2020: $25,686,975Liabilities 2020: $33,623,453Net Assets 2020: -$7,936,4782020Assets 2021: $26,173,310Liabilities 2021: $34,441,822Net Assets 2021: -$8,268,5122021Assets 2022: $18,892,755Liabilities 2022: $12,674,249Net Assets 2022: $6,218,5062022Assets 2023: $18,930,946Liabilities 2023: $11,480,718Net Assets 2023: $7,450,2282023Assets 2024: $21,310,242Liabilities 2024: $12,304,162Net Assets 2024: $9,006,0802024

Highlighted filing

2019

Assets$25,784,247
Liabilities$30,995,688
Net Assets-$5,211,441
Open 2019 Filing

Operations Trend

Revenue Growth74th percentile

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

$30M$20M$10M$0-$10MRevenue 2015: $3,242,670Expenses 2015: $3,048,337Net Income 2015: $194,3332015Revenue 2016: $4,566,351Expenses 2016: $4,247,621Net Income 2016: $318,7302016Revenue 2017: $7,167,657Expenses 2017: $8,003,535Net Income 2017: -$835,8782017Revenue 2018: $9,295,702Expenses 2018: $11,208,810Net Income 2018: -$1,913,1082018Revenue 2019: $10,605,140Expenses 2019: $12,531,127Net Income 2019: -$1,925,9872019Revenue 2020: $5,580,202Expenses 2020: $8,305,239Net Income 2020: -$2,725,0372020Revenue 2021: $6,592,453Expenses 2021: $6,924,487Net Income 2021: -$332,0342021Revenue 2022: $23,028,658Expenses 2022: $8,541,640Net Income 2022: $14,487,0182022Revenue 2023: $10,639,716Expenses 2023: $9,407,994Net Income 2023: $1,231,7222023Revenue 2024: $12,131,313Expenses 2024: $10,575,461Net Income 2024: $1,555,8522024

Highlighted filing

2019

Revenue$10,605,140
Expenses$12,531,127
Net Income-$1,925,987
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 15, 2020
Return Version
2018v3.2
Gross Receipts
$10,605,140
Mission and Program Overview

Mission

The mission of knowledge academies (ka) is to prepare students to make the best academic and social choices leading to a successful life connected to college, community, creativity, and culture. Our alumni will graduate college ready and remain connected to their community. Our families will support the development of highly effective student leadership habits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,741,508$22,199,787▼ $541,721
Cash and Non-Interest-Bearing Accounts$2,075,610$2,552,721▲ $477,111
Pledges and Grants Receivable$74,595--
Prepaid Expenses and Deferred Charges$60,387$43,179▼ $17,208
Accounts Receivable$110,338$2,541▼ $107,797
Total Assets$25,795,577$25,784,247▼ $11,330
Other Assets Total$733,139$986,019▲ $252,880
Liabilities
Other Liabilities$26,574,218$27,645,320▲ $1,071,102
Accounts Payable and Accrued Expenses$1,179,771$2,775,444▲ $1,595,673
Mortgage Notes Payable Secured by Investment Property$270,242$574,924▲ $304,682
Total Liabilities$28,024,231$30,995,688▲ $2,971,457
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,938,770$0▼ $1,938,770
Unrestricted Net Assets$-4,167,424$-5,211,441▼ $1,044,017
Total Net Assets Fund Balance$-2,228,654$-5,211,441▼ $2,982,787
Total Liabilities and Net Assets / Fund Balance$25,795,577$25,784,247▼ $11,330

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,739,330$813,475$19,552,805
Land$2,925,000-$2,925,000
Equipment$181,142$250,136$431,278
Other Land Buildings$156,908$188,135$345,043
Leasehold Improvements$197,407$59,506$256,913
Compensation and Service Providers
Top Officer Pay7th percentile

Board Members and Trustees

NameTitle
James Bristol JdChairman
Arthur L Fuller JrPresident
Jeff BradfordVice-chair/secretary
Colin Cannonier PhdBoard Member
Evangeline Motley-johnson PhdBoard Member
Glenn Hunter MbaBoard Member
Sam JacksonBoard Member
Stephen F GrawBoard Member
Tanaka VercherBoard Member
Ariel MccallumExec. Director
Eric LewisExec. Director
Scott Schumpert CPAAsst. Treasurer
Jason ReiersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,331,358
Program Service Revenue
$237,628
Investment Income
$36,154
Other Revenue
$0
All Other Contributions
$26,942
Change in Net Assets
$-1,925,987

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,605,140
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$10,605,140
Total Revenue per Form 990
$10,605,140
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,337,821
Salaries, Compensation, and Employee Benefits$6,193,306
Total Fundraising Expense$32,583
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,479,977$398,503$25,802$4,904,282
Interest$1,468,288$77,278-$1,545,566
Occupancy$652,787$34,357-$687,144
Depreciation Depletion$629,393$33,126-$662,519
Other Employee Benefits$558,829$49,709$3,218$611,756
Fees for Services Other$159,620$296,578-$456,198
Information Technology$75,583$332,030-$407,613
Payroll Taxes$328,324$29,205$1,891$359,420
Office Expenses$182,418$151,221-$333,639
Pension Plan Contributions$290,349$25,827$1,672$317,848
Fees for Services Accounting$42,218$78,442-$120,660
Advertising-$113,826-$113,826
Fees for Services Legal$25,527$47,431-$72,958
Travel-$12,208-$12,208
Other Expenses$8,026$2,007-$10,033
Total Functional Expenses$10,816,796$1,681,748$32,583$12,531,127

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,531,127
Total Expenses per Audited Statements$12,531,127
Total Expenses per Form 990$12,531,127
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

Other Reported Liabilities

LiabilityAmount
Bonds Payable$26,860,000
Deferred Inflows Related to Pensions$552,163
Net Pension Liability$233,157

Bond Issues

BondIssuerIssuedIssue PricePurpose
AThe Health and Educational Facilities Board of the Metropolitan Govermnet2017-11-16$25,625,000Purchase of previously leased property and buildings

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$25,625,000--$507,500

Bond Financing Compliance

No rebate due
No
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
No
Governance and Compliance

Governance Checklist

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

“Noble education initiative, inc. - manages all aspects of the school inclusive of education, operations, accounting, finance, and human resources. No compensation was received for the 2018 - 2019 school year.”

Form 990, Part VI, Section B, Line 11B

“A draft of the 990 will be sent to the board of directors for approval after the finance advisory team has reviewed.”

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

“The executive director reviews on a case by case basis. The policy is monitored annually.”

Form 990, Part VI, Section B, Line 15

“Compensation is determined as part of the charter school review committee evaluation and due diligence process. It is reviewed by the metro nashvile public schools review committee. The process includes a review of the local school district salary schedule for existing and surrounding counties.”

Form 990, Part VI, Section C, Line 19

“Governing documents, policies, and financial statements are available upon request and academy's website.”

Filing and Contact Details

Filer

Filer Name
Knowledge Academies Inc
EIN
27-0547275
Phone
6158006814
Address
5320 HICKORY HOLLOW PKWY STE B, ANTIOCH, TN 37013

Signing Officer

Name
James Bristol
Title
Chairman
Phone
6158006814
Signed
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Bristol
Formed
2009
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
10
Employees
148
Volunteers
0

Preparer

Firm
Cherry Bekaert Llp
Address
222 SECOND AVE SOUTH STE 1240, NASHVILLE, TN 37201
Preparer
Sara G Moon
Phone
6153836592
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 8

“A prior period adjustment occurred due to changes in the audited financial statements after the 2017 form 990 was filed.”

Raw XML AppendixShowing 400 of 523 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/BOYAmt01179771
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02775444
IRS990/AccountsReceivableGrp/BOYAmt0110338
IRS990/AccountsReceivableGrp/EOYAmt02541
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF KNOWLEDGE ACADEMIES (KA) IS TO PREPARE STUDENTS TO MAKE THE BEST ACADEMIC AND SOCIAL CHOICES LEADING TO A SUCCESSFUL LIFE CONNECTED TO COLLEGE, COMMUNITY, CREATIVITY, AND CULTURE. OUR ALUMNI WILL GRADUATE COLLEGE READY AND REMAIN CONNECTED TO THEIR COMMUNITY. OUR FAMILIES WILL SUPPORT THE DEVELOPMENT OF HIGHLY EFFECTIVE STUDENT LEADERSHIP HABITS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0113826
IRS990/AdvertisingGrp/TotalAmt0113826
IRS990/AllOtherContributionsAmt026942
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ERIC LEWIS ED
IRS990/BooksInCareOfDetail/PhoneNum06158006814
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05320 HICKORY HOLLOW PKWY STE B
IRS990/BooksInCareOfDetail/USAddress/CityNm0ANTIOCH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037013
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02075610
IRS990/CashNonInterestBearingGrp/EOYAmt02552721
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt010331358
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt036154
IRS990/CYOtherExpensesAmt06337821
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0237628
IRS990/CYRevenuesLessExpensesAmt0-1925987
IRS990/CYSalariesCompEmpBnftPaidAmt06193306
IRS990/CYTotalExpensesAmt012531127
IRS990/CYTotalFundraisingExpenseAmt032583
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010605140
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt033126
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0629393
IRS990/DepreciationDepletionGrp/TotalAmt0662519
IRS990/Desc0STUDENT INSTRUCTION AND SERVICES
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0148
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt010816796
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt078442
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt042218
IRS990/FeesForServicesAccountingGrp/TotalAmt0120660
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt047431
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt025527
IRS990/FeesForServicesLegalGrp/TotalAmt072958
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0296578
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0159620
IRS990/FeesForServicesOtherGrp/TotalAmt0456198
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1060.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1260.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES BRISTOL JD
IRS990/Form990PartVIISectionAGrp/PersonNm1JEFF BRADFORD
IRS990/Form990PartVIISectionAGrp/PersonNm2JASON REIERSON
IRS990/Form990PartVIISectionAGrp/PersonNm3SCOTT SCHUMPERT CPA
IRS990/Form990PartVIISectionAGrp/PersonNm4COLIN CANNONIER PHD
IRS990/Form990PartVIISectionAGrp/PersonNm5STEPHEN F GRAW
IRS990/Form990PartVIISectionAGrp/PersonNm6GLENN HUNTER MBA
IRS990/Form990PartVIISectionAGrp/PersonNm7SAM JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm8EVANGELINE MOTLEY-JOHNSON PHD
IRS990/Form990PartVIISectionAGrp/PersonNm9TANAKA VERCHER
IRS990/Form990PartVIISectionAGrp/PersonNm10ERIC LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm11ARIEL MCCALLUM
IRS990/Form990PartVIISectionAGrp/PersonNm12ARTHUR L FULLER JR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASST. TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXEC. DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXEC. DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt010304416
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt010605140
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0332030
IRS990/InformationTechnologyGrp/ProgramServicesAmt075583
IRS990/InformationTechnologyGrp/TotalAmt0407613
IRS990/InterestGrp/ManagementAndGeneralAmt077278
IRS990/InterestGrp/ProgramServicesAmt01468288
IRS990/InterestGrp/TotalAmt01545566
IRS990/InvestmentIncomeGrp/ExclusionAmt036154
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt036154
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01311252
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022741508
IRS990/LandBldgEquipBasisNetGrp/EOYAmt022199787
IRS990/LandBldgEquipCostOrOtherBssAmt023511039
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF KNOWLEDGE ACADEMIES (KA) IS TO PREPARE STUDENTS TO MAKE THE BEST ACADEMIC AND SOCIAL CHOICES LEADING TO A SUCCESSFUL LIFE CONNECTED TO COLLEGE, COMMUNITY, CREATIVITY, AND CULTURE. OUR ALUMNI WILL GRADUATE COLLEGE READY AND REMAIN CONNECTED TO THEIR COMMUNITY. OUR FAMILIES WILL SUPPORT THE DEVELOPMENT OF HIGHLY EFFECTIVE STUDENT LEADERSHIP HABITS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0270242
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0574924
IRS990/NetAssetsOrFundBalancesBOYAmt0-2228654
IRS990/NetAssetsOrFundBalancesEOYAmt0-5211441
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt034357
IRS990/OccupancyGrp/ProgramServicesAmt0652787
IRS990/OccupancyGrp/TotalAmt0687144
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0151221
IRS990/OfficeExpensesGrp/ProgramServicesAmt0182418
IRS990/OfficeExpensesGrp/TotalAmt0333639
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0733139
IRS990/OtherAssetsTotalGrp/EOYAmt0986019
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03218
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt049709
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0558829
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0611756
IRS990/OtherExpensesGrp/Desc0TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1DIRECT STUDENT EXPENSES
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02007
IRS990/OtherExpensesGrp/ProgramServicesAmt01167585
IRS990/OtherExpensesGrp/ProgramServicesAmt1747872
IRS990/OtherExpensesGrp/ProgramServicesAmt28026
IRS990/OtherExpensesGrp/TotalAmt01167585
IRS990/OtherExpensesGrp/TotalAmt1747872
IRS990/OtherExpensesGrp/TotalAmt210033
IRS990/OtherLiabilitiesGrp/BOYAmt026574218
IRS990/OtherLiabilitiesGrp/EOYAmt027645320
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt025802
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0398503
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04479977
IRS990/OtherSalariesAndWagesGrp/TotalAmt04904282
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01891
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt029205
IRS990/PayrollTaxesGrp/ProgramServicesAmt0328324
IRS990/PayrollTaxesGrp/TotalAmt0359420
IRS990/PensionPlanContributionsGrp/FundraisingAmt01672
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt025827
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0290349
IRS990/PensionPlanContributionsGrp/TotalAmt0317848
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt074595
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt060387
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt043179
IRS990/PrincipalOfficerNm0JAMES BRISTOL
IRS990/PriorPeriodAdjustmentsAmt0-1056800
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0237628
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0237628
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08964471
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt04696222
IRS990/PYOtherRevenueAmt055345
IRS990/PYProgramServiceRevenueAmt0275886
IRS990/PYRevenuesLessExpensesAmt0-1913108
IRS990/PYSalariesCompEmpBnftPaidAmt06512588
IRS990/PYTotalExpensesAmt011208810
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09295702
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1925987
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0237628
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/BuildingsGrp/BookValueAmt018739330
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0813475
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt019552805
IRS990ScheduleD/EquipmentGrp/BookValueAmt0181142
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0250136
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0431278
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt012531127
IRS990ScheduleD/LandGrp/BookValueAmt02925000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02925000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0197407
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt059506
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0256913
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0156908
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0188135
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0345043
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0233157
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1552163
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt226860000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS RELATED TO PENSIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2BONDS PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt010605140
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022199787
IRS990ScheduleD/TotalExpensesPerForm990Amt012531127
IRS990ScheduleD/TotalLiabilityAmt027645320
IRS990ScheduleD/TotalRevenuePerForm990Amt010605140
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010605140
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012531127
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0OUR NON-DISCRIMINATORY STATEMENT IS POSTED ON OUR WEBSITE ON THE ONLINE STUDENT APPLICATION PAGE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02017-11-16
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0626139016
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0592041YG6
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt025625000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0THE HEALTH AND EDUCATIONAL FACILITIES BOARD OF THE METROPOLITAN GOVERMNET
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0PURCHASE OF PREVIOUSLY LEASED PROPERTY AND BUILDINGS

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,784,247
Liabilities
$30,995,688
Net assets
-$5,211,441
Revenue
$10,605,140
Expenses
$12,531,127
Net income
-$1,925,987
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.3$12.3$9.01$12.1$10.6$1.56
2023Detailed filing. Detailed filing data is available for this year.$18.9$11.5$7.45$10.6$9.41$1.23
2022Detailed filing. Detailed filing data is available for this year.$18.9$12.7$6.22$23.0$8.54$14.5
2021Detailed filing. Detailed filing data is available for this year.$26.2$34.4$8.27$6.59$6.92$0.33
2020Detailed filing. Detailed filing data is available for this year.$25.7$33.6$7.94$5.58$8.31$2.73
2019Detailed filing. Detailed filing data is available for this year.$25.8$31.0$5.21$10.6$12.5$1.93
2018Detailed filing. Detailed filing data is available for this year.$25.8$28.0$2.23$9.30$11.2$1.91
2017Detailed filing. Detailed filing data is available for this year.$1.34$1.66$0.32$7.17$8.00$0.84
2016Detailed filing. Detailed filing data is available for this year.$1.32$0.80$0.52$4.57$4.25$0.32
2015Detailed filing. Detailed filing data is available for this year.$0.68$0.48$0.20$3.24$3.05$0.19