Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
19th percentile
Higher top officer pay than 19% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
87th percentile
Faster revenue growth than 87% of similar nonprofits.
Assets
Down$6,176,519
Down $513,252 (-7.7%) from 2013
Net Assets
Down-$388,216
Down $156,220 (-67%) from 2013
Liabilities
Down$6,564,735
Down $357,032 (-5.2%) from 2013
Revenue
Up$692,996
Up $197,404 (+40%) from 2013
Expenses
Up$840,993
Up $171,481 (+26%) from 2013
Net Income
Up-$147,997
Up $25,923 (+15%) from 2013
K-12 education with a mission to inspire each child and parent to find a calling that will change the world.
To inspire each child and parent to find a calling that will change the world.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $565,487 | $6,021,959 | ▲ $5,456,472 |
| Cash and Non-Interest-Bearing Accounts | $133,297 | $150,584 | ▲ $17,287 |
| Accounts Receivable | $1,730 | $3,976 | ▲ $2,246 |
| Cap Stk Tr Prin Current Funds | $3,329 | $3,329 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $-235,325 | $-391,545 | ▼ $156,220 |
| Total Assets | $6,689,771 | $6,176,519 | ▼ $513,252 |
| Other Assets Total | $5,989,257 | $0 | ▼ $5,989,257 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $6,849,093 | $6,504,939 | ▼ $344,154 |
| Other Liabilities | $62,157 | $54,496 | ▼ $7,661 |
| Accounts Payable and Accrued Expenses | $10,517 | $5,300 | ▼ $5,217 |
| Total Liabilities | $6,921,767 | $6,564,735 | ▼ $357,032 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-231,996 | $-388,216 | ▼ $156,220 |
| Total Liabilities and Net Assets / Fund Balance | $6,689,771 | $6,176,519 | ▼ $513,252 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $3,268,305 | $84,136 | $3,352,441 |
| Land | $2,672,345 | - | $2,672,345 |
| Other Land Buildings | $81,309 | $38,412 | $119,721 |
| Name | Title |
|---|---|
| Laura Sandefer | President |
| Laurie Haddow | Secretary |
| Caroline Wilson | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $664,311 |
| Salaries, Compensation, and Employee Benefits | $168,459 |
| Total Fundraising Expense | $20,853 |
| Grants and Similar Amounts Paid | $8,223 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $168,192 | $32,283 | - | $200,475 |
| Other Salaries and Wages | $155,223 | - | - | $155,223 |
| Depreciation Depletion | $101,412 | $172 | - | $101,584 |
| Occupancy | $76,558 | $14,582 | - | $91,140 |
| All Other Expenses | $27,501 | $1,347 | - | $28,848 |
| Information Technology | $23,277 | $2,507 | - | $25,784 |
| Other Expenses | $25,171 | $17,355 | $19,853 | $17,355 |
| Insurance | $1,298 | $11,944 | - | $13,242 |
| Payroll Taxes | $13,236 | - | - | $13,236 |
| Fees for Services Accounting | - | $8,638 | - | $8,638 |
| Grants to Domestic Individuals | $8,223 | - | - | $8,223 |
| Fees for Services Legal | - | $4,175 | - | $4,175 |
| Office Expenses | - | $2,255 | - | $2,255 |
| Total Functional Expenses | $722,135 | $98,005 | $20,853 | $840,993 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Jeff Sandefer | Family Member of Current Officer | MR. SANDEFER IS PRESIDENT OF AND OWNS 98.9% OF THE INTERESTS IN SANDEFER CAPITAL PARTNERS, L.P., A U.S.-BASED INVESTMENT COMPANY ("SCP, L.P."). THE CORPORATION HAS AN AGREEMENT TO REIMBURSE SCP, L.P. FOR PAYMENTS THAT SCP, L.P. MAKES ON THE CORPORATION'S BEHALF. PAYMENTS UNDER THE AGREEMENT ARE LIMITED TO REIMBURSEMENT OF PAYMENTS MADE BY SCP, L.P. TO THIRD PARTIES ON THE CORPORATION'S BEHALF AND WITH THE CORPORATION'S CONSENT. THE CORPORATION ALSO SHARES OFFICE SPACE WITH SCP, L.P. SCP, L.P. REIMBURSES THE CORPORATION FOR ITS PRO RATA SHARE OF RENT AND OTHER OFFICE EXPENSES. THE CORPORATION ANTICIPATES THAT IT WOULD FOLLOW THE REBUTTABLE PRESUMPTION RULES UNDER SECTION 4958 IN DETERMINING WHETHER TO ENTER INTO ANY SUCH AGREEMENTS WITH SCP, L.P. | No | - |
| Liability | Amount |
|---|---|
| Student Deposits | $43,000 |
| Prepaid Tuition | $11,496 |
“The form 990 is provided to board members for review prior to filing. The board members direct any questions or comments to a designated staff member prior to a designated time.”
“Each fiscal year, all corporation representatives shall file with the secretary of the corporation a statement listing for the corporation representative and his or her spouse all directorships, memberships, or other relationships which might cause the individual to be biased or otherwise partial in any business or charitable matter involving the corporation. Such statements shall be filed within 45 days after the beginning of each fiscal year or for board members at the annual board meeting. The information provided in such statement will be used solely in the internal management of the corporation to effect the administration of its conflict of interest policy, and by providing the requested information, each corporation representative acknowledges understanding of this requirement and consents to this (and no other) use. All potential conflicts of interest shall be disclosed at the earliest possible time during any meeting or other proceeding at which a matter is to be considered involving an organization in which such a personal interest is held. When a conflict or potential conflict exists, the affected person shall abstain from voting or acting upon the pertinent item, withdraw from the meeting, and abstain from participating in or informally influencing the decision-making process except to provide factual information upon request. The corporation's president and head of school will monitor proposed or ongoing transactions for conflicts of interest and disclose them to the board of trustees.”
“1.review and approval: the compensation of the person is reviewed and approved by the board of trustees or compensation committee of the organization, provided that persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in this review and approval. 2.use of data as to comparable compensation: the compensation of the person is reviewed and approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. 3.contemporaneous documentation and recordkeeping: there is contemporaneous documentation and recordkeeping with respect to the deliberations and decisions regarding the compensation arrangement.”
“The governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”
“Release of temporarily restricted net assets -8,223.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 10517 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 5300 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 1730 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 3976 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO INSPIRE EACH CHILD AND PARENT TO FIND A CALLING THAT WILL CHANGE THE WORLD. |
| IRS990/AllOtherContributionsAmt | 0 | 6380 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1347 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 27501 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 28848 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | LAURA SANDEFER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5126899822 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2201 ALEXANDER AVENUE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | AUSTIN |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 78722 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 1 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 1 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 3329 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 3329 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 133297 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 150584 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 6380 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 8223 |
| IRS990/CYInvestmentIncomeAmt | 0 | 60389 |
| IRS990/CYOtherExpensesAmt | 0 | 664311 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 626227 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -147997 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 168459 |
| IRS990/CYTotalExpensesAmt | 0 | 840993 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 20853 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 692996 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 172 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 101412 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 101584 |
| IRS990/Desc | 0 | THE ACADEMY ACHIEVED ITS TARGETED STUDENT GROWTH FOR 2014 BY OPERATING AT OR NEAR CAPACITY FOR THE ELEMENTARY SCHOOL AND ITS MIDDLE SCHOOL. THE BOARD CONTINUES TO EVALUATE THE CURRICULUM AND STAFFING TO MEET THE STUDENTS' NEEDS. THE ACADEMY OPENED A HIGH SCHOOL IN THE FALL SEMESTER OF 2014 TO FURTHER SERVE THE EDUCATIONAL NEEDS OF ITS COMMUNITY. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 8 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 688282 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 8638 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 8638 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 4175 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 4175 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | LAURA SANDEFER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | CAROLINE WILSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | LAURIE HADDOW |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2010 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 60352 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantAmt | 0 | 8223 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 8223 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 8223 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 546000 |
| IRS990/GrossReceiptsAmt | 0 | 1178644 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 2 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 2507 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 23277 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 25784 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 11944 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 1298 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 13242 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 32283 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 168192 |
| IRS990/InterestGrp/TotalAmt | 0 | 200475 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 37 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 37 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 13 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 122548 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 565487 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 6021959 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 6144507 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 485648 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | K-12 EDUCATION WITH A MISSION TO INSPIRE EACH CHILD AND PARENT TO FIND A CALLING THAT WILL CHANGE THE WORLD. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -231996 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -388216 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 60352 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 60352 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 14582 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 76558 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 91140 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 2255 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 2255 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 5989257 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -8223 |
| IRS990/OtherExpensesGrp/Desc | 0 | CURRICULUM EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | RECRUITING/MARKETING |
| IRS990/OtherExpensesGrp/Desc | 2 | SPECIAL EVENTS |
| IRS990/OtherExpensesGrp/Desc | 3 | CONTRACT LABOR |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 1000 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 19853 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2184 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 563 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 17355 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 122044 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 25171 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 124228 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 26734 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 19853 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 17355 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 62157 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 54496 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 155223 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 155223 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 13236 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 13236 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | LAURA SANDEFER |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611710 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611710 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TUITION INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | CONSULTING INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 584443 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 40250 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 584443 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 40250 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE ACADEMY PROVIDED CRITICAL GUIDANCE TO START-UP EDUCATIONAL ORGANIZATIONS WITH SIMILAR VISIONS IN ORDER TO EXPAND ITS OWN INFLUENCE AND MISSION. DURING 2014, THE ACADEMY PROVIDED SERVICES TO MORE THAN TEN ORGANIZATIONS. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 33853 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 40250 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 11500 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 2500 |
| IRS990/PYInvestmentIncomeAmt | 0 | 49 |
| IRS990/PYOtherExpensesAmt | 0 | 457374 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 484043 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -173920 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 209638 |
| IRS990/PYTotalExpensesAmt | 0 | 669512 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 495592 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -147997 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 646366 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | -235325 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | -391545 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 3268305 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 84136 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3352441 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 2672345 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 2672345 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 81309 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 38412 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 119721 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 43000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 11496 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | STUDENT DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | PREPAID TUITION |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 6021959 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 54496 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | PUBLISHED IN THE AUSTIN AMERICAN STATESMAN ON MAY 8, 2014. ACTON ACADEMY ALSO HOLDS AN OPEN HOUSE IN THE FALL FOR RECRUITING. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 8223 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | SCHOLARSHIPS |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 4 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | THE ACADEMY GRANTS SCHOLARSHIPS TO STUDENTS BASED ON A COMBINATION OF EACH SCHOLARSHIP APPLICANT'S FINANCIAL NEED AND ACADEMIC MERIT. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 2: |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | JEFF SANDEFER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | FAMILY MEMBER OF CURRENT OFFICER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | MR. SANDEFER IS PRESIDENT OF AND OWNS 98.9% OF THE INTERESTS IN SANDEFER CAPITAL PARTNERS, L.P., A U.S.-BASED INVESTMENT COMPANY ("SCP, L.P."). THE CORPORATION HAS AN AGREEMENT TO REIMBURSE SCP, L.P. FOR PAYMENTS THAT SCP, L.P. MAKES ON THE CORPORATION'S BEHALF. PAYMENTS UNDER THE AGREEMENT ARE LIMITED TO REIMBURSEMENT OF PAYMENTS MADE BY SCP, L.P. TO THIRD PARTIES ON THE CORPORATION'S BEHALF AND WITH THE CORPORATION'S CONSENT. THE CORPORATION ALSO SHARES OFFICE SPACE WITH SCP, L.P. SCP, L.P. REIMBURSES THE CORPORATION FOR ITS PRO RATA SHARE OF RENT AND OTHER OFFICE EXPENSES. THE CORPORATION ANTICIPATES THAT IT WOULD FOLLOW THE REBUTTABLE PRESUMPTION RULES UNDER SECTION 4958 IN DETERMINING WHETHER TO ENTER INTO ANY SUCH AGREEMENTS WITH SCP, L.P. |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FORM 990 IS PROVIDED TO BOARD MEMBERS FOR REVIEW PRIOR TO FILING. THE BOARD MEMBERS DIRECT ANY QUESTIONS OR COMMENTS TO A DESIGNATED STAFF MEMBER PRIOR TO A DESIGNATED TIME. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EACH FISCAL YEAR, ALL CORPORATION REPRESENTATIVES SHALL FILE WITH THE SECRETARY OF THE CORPORATION A STATEMENT LISTING FOR THE CORPORATION REPRESENTATIVE AND HIS OR HER SPOUSE ALL DIRECTORSHIPS, MEMBERSHIPS, OR OTHER RELATIONSHIPS WHICH MIGHT CAUSE THE INDIVIDUAL TO BE BIASED OR OTHERWISE PARTIAL IN ANY BUSINESS OR CHARITABLE MATTER INVOLVING THE CORPORATION. SUCH STATEMENTS SHALL BE FILED WITHIN 45 DAYS AFTER THE BEGINNING OF EACH FISCAL YEAR OR FOR BOARD MEMBERS AT THE ANNUAL BOARD MEETING. THE INFORMATION PROVIDED IN SUCH STATEMENT WILL BE USED SOLELY IN THE INTERNAL MANAGEMENT OF THE CORPORATION TO EFFECT THE ADMINISTRATION OF ITS CONFLICT OF INTEREST POLICY, AND BY PROVIDING THE REQUESTED INFORMATION, EACH CORPORATION REPRESENTATIVE ACKNOWLEDGES UNDERSTANDING OF THIS REQUIREMENT AND CONSENTS TO THIS (AND NO OTHER) USE. ALL POTENTIAL CONFLICTS OF INTEREST SHALL BE DISCLOSED AT THE EARLIEST POSSIBLE TIME DURING ANY MEETING OR OTHER PROCEEDING AT WHICH A MATTER IS TO BE CONSIDERED INVOLVING AN ORGANIZATION IN WHICH SUCH A PERSONAL INTEREST IS HELD. WHEN A CONFLICT OR POTENTIAL CONFLICT EXISTS, THE AFFECTED PERSON SHALL ABSTAIN FROM VOTING OR ACTING UPON THE PERTINENT ITEM, WITHDRAW FROM THE MEETING, AND ABSTAIN FROM PARTICIPATING IN OR INFORMALLY INFLUENCING THE DECISION-MAKING PROCESS EXCEPT TO PROVIDE FACTUAL INFORMATION UPON REQUEST. THE CORPORATION'S PRESIDENT AND HEAD OF SCHOOL WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE BOARD OF TRUSTEES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 1.REVIEW AND APPROVAL: THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OR COMPENSATION COMMITTEE OF THE ORGANIZATION, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. 2.USE OF DATA AS TO COMPARABLE COMPENSATION: THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. 3.CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING: THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | RELEASE OF TEMPORARILY RESTRICTED NET ASSETS -8,223. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XI, LINE 9: |
| IRS990/SchoolOperatingInd | 0 | 1 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 6689771 |
| IRS990/TotalAssetsEOYAmt | 0 | 6176519 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 6689771 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 6176519 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 6380 |
| IRS990/TotalEmployeeCnt | 0 | 8 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 20853 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 98005 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 722135 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 840993 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 6921767 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 6564735 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 6921767 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 6564735 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -231996 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -388216 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1534 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 1534 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 722135 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 626227 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 686616 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 692996 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 10 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 6689771 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 6176519 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 6849093 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 6504939 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 2201 ALEXANDER AVENUE |
| IRS990/USAddress/CityNm | 0 | AUSTIN |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 78722 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 2 |
| IRS990/WebsiteAddressTxt | 0 | WWW.ACTONACADEMY.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2016-04-25 22:37:26Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LAURA SANDEFER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5126899822 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-07-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ACTON ACADEMY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ACTO |
| ReturnHeader/Filer/EIN | 0 | 274279738 |
| ReturnHeader/Filer/PhoneNum | 0 | 5124959925 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2201 ALEXANDER AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | AUSTIN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 78722 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 742939657 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FLIELLER KRUGER SKELTON & PLYLER PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 221 WEST SIXTH STREET SUITE 1200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | AUSTIN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 78701 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5124796000 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | PAULA WENDLING |
| ReturnHeader/ReturnTs | 0 | 2015-08-11T16:10:31-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.