Civic Intelligence

Trivium Preparatory Academy

990 • Fiscal year 2012 • EIN 27-3289295

Jul 01, 2011 to Jun 30, 2012 • Filed on May 15, 2013

14140 W Mcdowell RoadRoom/Suite 20085395
Siviq Scores

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

Liabilities / Assets

62nd percentile

0.14x

Higher debt load relative to assets than 62% of similar nonprofits.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

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

Source year 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$432,611

No earlier filing loaded for comparison.

Net Assets

$372,925

No earlier filing loaded for comparison.

Liabilities

$59,686

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$708,982

No earlier filing loaded for comparison.

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.

$30M$20M$10M$0Assets 2012: $432,611Liabilities 2012: $59,686Net Assets 2012: $372,9252012Assets 2014: $1,038,808Liabilities 2014: $194,870Net Assets 2014: $843,9382014Assets 2015: $1,319,219Liabilities 2015: $201,180Net Assets 2015: $1,118,0392015Assets 2016: $1,463,566Liabilities 2016: $279,319Net Assets 2016: $1,184,2472016Assets 2017: $1,548,424Liabilities 2017: $204,790Net Assets 2017: $1,343,6342017Assets 2018: $1,755,144Liabilities 2018: $311,600Net Assets 2018: $1,443,5442018Assets 2019: $2,043,516Liabilities 2019: $490,966Net Assets 2019: $1,552,5502019Assets 2020: $2,229,273Liabilities 2020: $549,755Net Assets 2020: $1,679,5182020Assets 2021: $2,651,417Liabilities 2021: $539,494Net Assets 2021: $2,111,9232021Assets 2024: $20,591,840Liabilities 2024: $17,238,369Net Assets 2024: $3,353,4712024

Highlighted filing

2012

Assets$432,611
Liabilities$59,686
Net Assets$372,925

Operations Trend

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

$15M$10M$5.0M$0Expenses 2012: $708,9822012Revenue 2014: $1,968,270Expenses 2014: $1,878,808Net Income 2014: $89,4622014Revenue 2015: $2,729,184Expenses 2015: $2,455,083Net Income 2015: $274,1012015Revenue 2016: $3,937,724Expenses 2016: $3,871,516Net Income 2016: $66,2082016Revenue 2017: $5,287,995Expenses 2017: $5,134,326Net Income 2017: $153,6692017Revenue 2018: $6,296,645Expenses 2018: $6,197,834Net Income 2018: $98,8112018Revenue 2019: $7,155,405Expenses 2019: $7,060,678Net Income 2019: $94,7272019Revenue 2020: $7,996,435Expenses 2020: $7,882,531Net Income 2020: $113,9042020Revenue 2021: $8,644,907Expenses 2021: $8,237,503Net Income 2021: $407,4042021Revenue 2024: $10,523,454Expenses 2024: $10,414,801Net Income 2024: $108,6532024

Highlighted filing

2012

Revenue-
Expenses$708,982
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
May 15, 2013
Return Version
2011v1.5
Gross Receipts
$985,987
Mission and Program Overview

Mission

A trivium preparatory academy education prepares students to be more than just proficient test takers, but rather, to become great-hearted leaders capable of success throughout their higher education and professional careers. With a curriculum built upon a classical liberal arts tradition and a revolutionary approach to school itself, great hearts cultivates the hearts and minds of students in the pursuit of truth, goodness, and beauty.

Filing and Contact Details

Filer

EIN
27-3289295
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IRS990ScheduleO/GeneralExplanation/Explanation0THE MISSION OF TRIVIUM PREPARATORY ACADEMY IS TO DEVELOP THE ACADEMIC POTENTIAL AND VIRTUOUS CHARACTER IN EACH STUDENT THROUGH THE USE OF A CONTENT-RICH, RIGOROUS CURRICULUM, WITH A SPECIAL EMPHASIS ON THE CULTURAL HERITAGE OF THE WESTERN CIVILIZATION.
IRS990ScheduleO/GeneralExplanation/Explanation1LINE 2A: ALL PAYROLL, PAYROLL TAXES AND BENEFIT PLANS ARE CENTRALIZED THROUGH THE PARENT ORGANIZATION, GREAT HEARTS ACADEMIES (EIN 20-2036133). THEREFORE, GREAT HEARTS ACADEMIES FILES PAYROLL TAX RETURNS UNDER THEIR EMPLOYER TAX IDENTIFICATION NUMBER REPORTING ALL PAYROLL ACTIVITY. PAYROLL RELATED EXPENSES REPORTED ON THIS RETURN REPRESENTS AN ALLOCATION OF SALARIES AND WAGES PAID BY THE ENTITY.
IRS990ScheduleO/GeneralExplanation/Explanation2MANAGEMENT DUTIES ARE DELEGATED TO GREAT HEARTS ACADEMIES (20-2036133), A RELATED PARTY.
IRS990ScheduleO/GeneralExplanation/Explanation3THE 990 IS PREPARED BY AN EXTERNAL CPA FIRM AND REVIEWED INTERNALLY BY THE CFO. AFTER COMPLETING THE CFO REVIEW, THE RETURN IS FINALIZED AND THEN REVIEWED BY THE GREAT HEARTS AUDIT COMMITTEE PRIOR TO BEING SIGNED BY THE CFO.
IRS990ScheduleO/GeneralExplanation/Explanation4BOARD MEMBERS, OFFICERS AND ALL EMPLOYEES COMPLETE AND SIGN A CONFLICT OF INTEREST AGREEMENT. THESE AGREEMENTS ARE REVIEWED BY HUMAN RESOURCES AND ANY CONFLICTS ARE IDENTIFIED AND REPORTED TO THE AUDITORS AND THE BOARD TO MONITOR.
IRS990ScheduleO/GeneralExplanation/Explanation5THE CMO, ALONG WITH BOARD APPROVAL DETERMINES THE COMPENSATION OF KEY STAFF SUCH AS HEADMASTER AND ASSISTANT HEADMASTER.
IRS990ScheduleO/GeneralExplanation/Explanation6EMPLOYEES AND FACULTY ARE DETERMINED BASED ON AN ORGANIZATION WIDE SALARY RANGE TABLE WHICH FACTORS IN EDUCATION AND EXPERIENCE.
IRS990ScheduleO/GeneralExplanation/Explanation7ALL BOARD MEETINGS ARE POSTED IN ADVANCE IN ACCORDANCE WITH ARIZONA OPEN MEETING LAWS. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE BOTH AT THE MEETINGS OR FOLLOWING THE MEETING AND UPON REQUEST.
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