Civic Intelligence

Archway Classical Academy Trivium West

990 • Fiscal year 2019 • EIN 27-3364743

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 09, 2020

4801 E Washington Street Suite 250Phoenix, AZ 85034

(602) 386-1881

Siviq Scores

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

Liabilities / Assets

59th percentile

0.14x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

47th percentile

0.07x

Higher debt load relative to revenue than 47% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

47th percentile

2.3%

Higher net margin than 47% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

69th percentile

$100,648

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

50th percentile

4.1%

Faster revenue growth than 50% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,219,559

Up $247,172 (+13%) from 2018

Net Assets

Up

$1,901,588

Up $155,249 (+8.9%) from 2018

Liabilities

Up

$317,971

Up $91,923 (+41%) from 2018

Revenue

Up

$4,307,366

Up $169,339 (+4.1%) from 2018

Expenses

Up

$4,207,487

Up $91,436 (+2.2%) from 2018

Net Income

Up

$99,879

Up $77,903 (+354%) from 2018

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: $560,678Liabilities 2012: $215,423Net Assets 2012: $345,2552012Assets 2013: $1,061,528Liabilities 2013: $293,973Net Assets 2013: $767,5552013Assets 2014: $1,533,577Liabilities 2014: $422,471Net Assets 2014: $1,111,1062014Assets 2015: $1,857,119Liabilities 2015: $445,658Net Assets 2015: $1,411,4612015Assets 2017: $1,907,939Liabilities 2017: $185,777Net Assets 2017: $1,722,1622017Assets 2018: $1,972,387Liabilities 2018: $226,048Net Assets 2018: $1,746,3392018Assets 2019: $2,219,559Liabilities 2019: $317,971Net Assets 2019: $1,901,5882019Assets 2020: $2,176,259Liabilities 2020: $183,360Net Assets 2020: $1,992,8992020Assets 2021: $2,700,020Liabilities 2021: $418,518Net Assets 2021: $2,281,5022021Assets 2022: $3,652,624Liabilities 2022: $1,317,201Net Assets 2022: $2,335,4232022Assets 2023: $17,689,410Liabilities 2023: $13,682,717Net Assets 2023: $4,006,6932023Assets 2024: $18,531,602Liabilities 2024: $13,273,777Net Assets 2024: $5,257,8252024Assets 2025: $18,839,766Liabilities 2025: $12,898,925Net Assets 2025: $5,940,8412025

Highlighted filing

2019

Assets$2,219,559
Liabilities$317,971
Net Assets$1,901,588

Operations Trend

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

$15M$10M$5.0M$0Expenses 2012: $2,249,5762012Expenses 2013: $2,625,5212013Revenue 2014: $3,916,247Expenses 2014: $3,572,696Net Income 2014: $343,5512014Revenue 2015: $3,898,918Expenses 2015: $3,598,563Net Income 2015: $300,3552015Revenue 2017: $4,111,075Expenses 2017: $3,883,751Net Income 2017: $227,3242017Revenue 2018: $4,138,027Expenses 2018: $4,116,051Net Income 2018: $21,9762018Revenue 2019: $4,307,366Expenses 2019: $4,207,487Net Income 2019: $99,8792019Revenue 2020: $4,352,590Expenses 2020: $4,311,925Net Income 2020: $40,6652020Revenue 2021: $4,749,908Expenses 2021: $4,558,228Net Income 2021: $191,6802021Revenue 2022: $9,283,714Expenses 2022: $9,013,006Net Income 2022: $270,7082022Revenue 2023: $12,507,984Expenses 2023: $10,931,728Net Income 2023: $1,576,2562023Revenue 2024: $12,583,257Expenses 2024: $11,454,173Net Income 2024: $1,129,0842024Revenue 2025: $12,245,486Expenses 2025: $11,687,106Net Income 2025: $558,3802025

Highlighted filing

2019

Revenue$4,307,366
Expenses$4,207,487
Net Income$99,879
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 9, 2020
Return Version
2018v3.2
Gross Receipts
$4,307,366
Mission and Program Overview

Mission

An archway classical academy trivium west 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$977,114$1,028,017▲ $50,903
Cash and Non-Interest-Bearing Accounts$585,704$952,928▲ $367,224
Land, Buildings, and Equipment, Net$109,933$105,352▼ $4,581
Prepaid Expenses and Deferred Charges$50,503$86,926▲ $36,423
Accounts Receivable$63,317$46,336▼ $16,981
Total Assets$1,972,387$2,219,559▲ $247,172
Other Assets Total$185,816--
Liabilities
Other Liabilities$100,683$273,342▲ $172,659
Accounts Payable and Accrued Expenses$37,906$41,938▲ $4,032
Deferred Revenue$87,459$2,691▼ $84,768
Total Liabilities$226,048$317,971▲ $91,923
Net Assets / Fund Balance
Unrestricted Net Assets$1,696,383$1,745,328▲ $48,945
Temporarily Rstr Net Assets$49,956$156,260▲ $106,304
Total Net Assets Fund Balance$1,746,339$1,901,588▲ $155,249
Total Liabilities and Net Assets / Fund Balance$1,972,387$2,219,559▲ $247,172

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$96,853$333,481$430,334
Buildings$8,499$1,992$10,491
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Jamee TwardeckHeadmasterFT$100,648$100,648

Board Members and Trustees

NameTitle
Andrew EllisonPresident
Heidi VasiloffDirector
Kristin DarbyDirector
Heather WashburnSecretary
Tom DoeblerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$350,484
Program Service Revenue
$3,937,591
Investment Income
$734
Other Revenue
$18,557
All Other Contributions
$292,337
Change in Net Assets
$99,879

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,307,366
Revenue Not Reported on Form 990
$55,370
Total Revenue per Audited Statements
$4,362,736
Total Revenue per Form 990
$4,307,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,543,807
Other Expenses$1,663,680
Total Fundraising Expense$18,141
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,493,400$319,368$13,517$1,826,285
Occupancy$424,254$129,558-$553,812
Other Employee Benefits$395,370$66,207-$461,577
Fees for Services Management$282,836$86,372-$369,208
Payroll Taxes$123,656$20,707-$144,363
Fees for Services Other$116,357$937-$117,294
Current Officers, Directors, Trustees, and Key Employees$73,190$15,652$662$89,504
All Other Expenses$75,113$6,068$3,962$85,143
Other Expenses$49,640$24,946-$49,640
Depreciation Depletion$33,914$10,356-$44,270
Information Technology$42,874--$42,874
Office Expenses$26,342$8,904-$35,246
Pension Plan Contributions$18,911$3,167-$22,078
Fees for Services Accounting-$10,700-$10,700
Fees for Services Legal-$1,173-$1,173
Total Functional Expenses$3,485,231$704,115$18,141$4,207,487

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,207,487
Total Expenses per Audited Statements$4,207,487
Total Expenses per Form 990$4,207,487
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 Related Parties$189,942
Deposits Held for Others$83,400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Certain functions of multiple schools in the great hearts network are also provided to the school by great hearts arizona, the school's tax exempt sole member.

Form 990, Page 6, Part VI, Line 6

The sole member of the academy is greathearts arizona an organization exempt from taxation under internal revenue code section 501(c)(3).

Form 990, Page 6, Part VI, Line 7A

The school's tax-exempt sole member appoints the school's directors, fills vacancies on the board, and may remove directors.

Form 990, Page 6, Part VI, Line 7B

The school's tax-exempt sole member retains approval rights over key decisions such as changes to the school's bylaws, articles of incorporation, educational philosophy, and significant financial expenditures (in excess of 50,000).

Form 990, Page 6, Part VI, Line 11B

The 990 is prepared by an external cpa firm and is 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.

Form 990, Page 6, Part VI, Line 12C

Board members, officers and all employees complete and sign a conflict of interest agreement. These agreements are reviewed by human resouraces and any conflicts are identified and reported to the auditors and the board to monitor.

Form 990, Page 6, Part VI, Line 15A

Subject to the school's conflict of interest policy, the school's tax- exempt sole member and the school's board approve the compensation of key staff such as headmaster and assistant headmaster.

Form 990, Page 6, Part VI, Line 15B

Employees and faculty are determined based on independent compensation studies and salaries of comparable non-profit organizations.

Form 990, Page 6, Part VI, Line 19

All 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.

Filing and Contact Details

Filer

Filer Name
Archway Classical Academy Trivium
EIN
27-3364743
Phone
6023861881
Address
4801 E WASHINGTON STREET SUITE 250, PHOENIX, AZ 85034

Signing Officer

Name
Ron Zoromski
Title
CFO
Phone
4808999181
Signed
2020-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Zoromski
Formed
2010
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
1
Employees
0
Volunteers
105

Preparer

Firm
Fester & Chapman Pllc
Address
9019 E BAHIA DR STE 100, SCOTTSDALE, AZ 85260
Preparer
Rachel R Locke CPA
Phone
6022643077
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

An archway classical academy trivium west 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.

Form 990, Page 1, Part I, Line 6

The volunteers help in classrooms and support teachers and students.

Form 990, Part V

Line 2a: all payroll, payroll taxes and benefit plans are centralized through the parent organization, greathearts arizona (ein 20-2036133). Therefore, great hearts arizona 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.

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IRS990/OtherExpensesGrp/ProgramServicesAmt0184066
IRS990/OtherExpensesGrp/ProgramServicesAmt188354
IRS990/OtherExpensesGrp/ProgramServicesAmt256954
IRS990/OtherExpensesGrp/ProgramServicesAmt349640
IRS990/OtherExpensesGrp/TotalAmt0209012
IRS990/OtherExpensesGrp/TotalAmt188354
IRS990/OtherExpensesGrp/TotalAmt256954
IRS990/OtherExpensesGrp/TotalAmt349640
IRS990/OtherLiabilitiesGrp/BOYAmt0100683
IRS990/OtherLiabilitiesGrp/EOYAmt0273342
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IRS990/OtherRevenueMiscGrp/Desc0OTHER
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09877
IRS990/OtherRevenueTotalAmt09877
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt013517
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0319368
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01493400
IRS990/OtherSalariesAndWagesGrp/TotalAmt01826285
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020707
IRS990/PayrollTaxesGrp/ProgramServicesAmt0123656
IRS990/PayrollTaxesGrp/TotalAmt0144363
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03167
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt018911
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt050503
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt086926
IRS990/PrincipalOfficerNm0RON ZOROMSKI
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0STATE EQUALIZATION
IRS990/ProgramServiceRevenueGrp/Desc1CLASSROOM SITE FUNDS
IRS990/ProgramServiceRevenueGrp/Desc2CO-CURRICULAR ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc3PSO INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03452619
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1239458
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2212586
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt332928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03452619
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1239458
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2212586
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt332928
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0335013
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt029440
IRS990/PYOtherExpensesAmt01564007
IRS990/PYOtherRevenueAmt011437
IRS990/PYProgramServiceRevenueAmt03762137
IRS990/PYRevenuesLessExpensesAmt021976
IRS990/PYSalariesCompEmpBnftPaidAmt02552044
IRS990/PYTotalExpensesAmt04116051
IRS990/PYTotalRevenueAmt04138027
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt099879
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt08680
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03937591
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0977114
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01028017
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt08499
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01992
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010491
IRS990ScheduleD/EquipmentGrp/BookValueAmt096853
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0333481
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0430334
IRS990ScheduleD/ExpensesSubtotalAmt04207487
IRS990ScheduleD/NetUnrealizedGainsInvstAmt055370
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0189942
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt183400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEPOSITS HELD FOR OTHERS
IRS990ScheduleD/RevenueNotReportedAmt055370
IRS990ScheduleD/RevenueSubtotalAmt04307366
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0105352
IRS990ScheduleD/TotalExpensesPerForm990Amt04207487
IRS990ScheduleD/TotalLiabilityAmt0273342
IRS990ScheduleD/TotalRevenuePerForm990Amt04307366
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04362736
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04207487
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
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IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS A STRICT POLICY OF NON-DISCRIMINATION; HOWEVER, AS A CHARTER SCHOOL, IT IS NOT SUBJECT TO THE REQUIREMENTS OF TREASURY REVENUE PROCEDURE 75-50.1975-2C.B.587. RATHER, THE SCHOOL PUBLICIZES ITS POLICIES BY WORD OF MOUTH AND ON THE WEBSITE, THE SCHOOL'S PRIMARY METHODS OF REACHING NEW STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES MONTHLY AID PAYMENTS FROM THE STATE OF ARIZONA BASED ON THE NUMBER OF STUDENTS ENROLLED AND ATTENDING THE SCHOOL. THESE FUNDS ARE USED IN ACCORDANCE WITH THE REQUIREMENTS SET FORTH BY THE STATE OF ARIZONA. IN ADDITION, GOVERNMENT GRANTS ARE ALSO RECEIVED BY THE SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AN ARCHWAY CLASSICAL ACADEMY TRIVIUM WEST 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE VOLUNTEERS HELP IN CLASSROOMS AND SUPPORT TEACHERS AND STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 2A: ALL PAYROLL, PAYROLL TAXES AND BENEFIT PLANS ARE CENTRALIZED THROUGH THE PARENT ORGANIZATION, GREATHEARTS ARIZONA (EIN 20-2036133). THEREFORE, GREAT HEARTS ARIZONA 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/SupplementalInformationDetail/ExplanationTxt3CERTAIN FUNCTIONS OF MULTIPLE SCHOOLS IN THE GREAT HEARTS NETWORK ARE ALSO PROVIDED TO THE SCHOOL BY GREAT HEARTS ARIZONA, THE SCHOOL'S TAX EXEMPT SOLE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SOLE MEMBER OF THE ACADEMY IS GREATHEARTS ARIZONA AN ORGANIZATION EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SCHOOL'S TAX-EXEMPT SOLE MEMBER APPOINTS THE SCHOOL'S DIRECTORS, FILLS VACANCIES ON THE BOARD, AND MAY REMOVE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE SCHOOL'S TAX-EXEMPT SOLE MEMBER RETAINS APPROVAL RIGHTS OVER KEY DECISIONS SUCH AS CHANGES TO THE SCHOOL'S BYLAWS, ARTICLES OF INCORPORATION, EDUCATIONAL PHILOSOPHY, AND SIGNIFICANT FINANCIAL EXPENDITURES (IN EXCESS OF 50,000).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE 990 IS PREPARED BY AN EXTERNAL CPA FIRM AND IS 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/SupplementalInformationDetail/ExplanationTxt8BOARD MEMBERS, OFFICERS AND ALL EMPLOYEES COMPLETE AND SIGN A CONFLICT OF INTEREST AGREEMENT. THESE AGREEMENTS ARE REVIEWED BY HUMAN RESOURACES AND ANY CONFLICTS ARE IDENTIFIED AND REPORTED TO THE AUDITORS AND THE BOARD TO MONITOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SUBJECT TO THE SCHOOL'S CONFLICT OF INTEREST POLICY, THE SCHOOL'S TAX- EXEMPT SOLE MEMBER AND THE SCHOOL'S BOARD APPROVE THE COMPENSATION OF KEY STAFF SUCH AS HEADMASTER AND ASSISTANT HEADMASTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10EMPLOYEES AND FACULTY ARE DETERMINED BASED ON INDEPENDENT COMPENSATION STUDIES AND SALARIES OF COMPARABLE NON-PROFIT ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ALL 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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART V
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd13false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd17false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd21false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd22false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd23false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd24false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0GH AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1GH AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2GH AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3GH AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4GH AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5GH AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt6GH AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt7GH AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt8GH AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt9GH AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt10GH AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt11GH AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt12GH AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt13GH AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt14GH AMERICA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt15GH AMERICA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$18.8$12.9$5.94$12.2$11.7$0.56
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.5$13.3$5.26$12.6$11.5$1.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.7$13.7$4.01$12.5$10.9$1.58
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$1.32$2.34$9.28$9.01$0.27
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.70$0.42$2.28$4.75$4.56$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.18$0.18$1.99$4.35$4.31$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.22$0.32$1.90$4.31$4.21$0.10
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$0.23$1.75$4.14$4.12$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.91$0.19$1.72$4.11$3.88$0.23
2015Detailed filing. Detailed filing data is available for this year.$1.86$0.45$1.41$3.90$3.60$0.30
2014Detailed filing. Detailed filing data is available for this year.$1.53$0.42$1.11$3.92$3.57$0.34
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.29$0.77$2.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.22$0.35$2.25