Civic Intelligence

Colonial Preparatory Academy

990 • Fiscal year 2017 • EIN 34-1866952

Jul 01, 2016 to Jun 30, 2017 • Filed on May 10, 2018

Organization ProfileWWW.COLONIALPREP.ORG
2199 5th StreetAkron, OH 44314

(330) 785-0180

Siviq Scores

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

Liabilities / Assets

98th percentile

2.05x

Higher debt load relative to assets than 98% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

89th percentile

1.64x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

26th percentile

-5.9%

Higher net margin than 26% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

36th percentile

$3,000

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

43rd percentile

1.1%

Faster asset growth than 43% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

61st percentile

10.0%

Faster revenue growth than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$1,833,231

Up $19,070 (+1.1%) from 2016

Net Assets

Down

-$1,924,576

Down $174,410 (-10.0%) from 2016

Liabilities

Up

$3,757,807

Up $193,480 (+5.4%) from 2016

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin26th percentile

Revenue

Up

$2,295,224

Up $207,826 (+10.0%) from 2016

Expenses

Up

$2,431,016

Up $276,047 (+13%) from 2016

Net Income

Down

-$135,792

Down $68,221 (-101%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$4.0M$2.0M$0-$2.0MAssets 2014: $1,539,157Liabilities 2014: $1,818,811Net Assets 2014: -$279,6542014Assets 2015: $1,613,384Liabilities 2015: $3,295,978Net Assets 2015: -$1,682,5942015Assets 2016: $1,814,161Liabilities 2016: $3,564,327Net Assets 2016: -$1,750,1662016Assets 2017: $1,833,231Liabilities 2017: $3,757,807Net Assets 2017: -$1,924,5762017

Highlighted filing

2017

Assets$1,833,231
Liabilities$3,757,807
Net Assets-$1,924,576
Open 2017 Filing

Operations Trend

Revenue Growth61st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $1,574,600Expenses 2014: $1,894,169Net Income 2014: -$319,5692014Revenue 2015: $2,232,622Expenses 2015: $2,111,083Net Income 2015: $121,5392015Revenue 2016: $2,087,398Expenses 2016: $2,154,969Net Income 2016: -$67,5712016Revenue 2017: $2,295,224Expenses 2017: $2,431,016Net Income 2017: -$135,7922017

Highlighted filing

2017

Revenue$2,295,224
Expenses$2,431,016
Net Income-$135,792
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 10, 2018
Return Version
2016v3.1
Gross Receipts
$2,295,224
Mission and Program Overview

Mission

Colonial prep academy, serving grades k-8, is dedicated to improving the lives of its students by providing authentic learning experiences in a collaborative, nurturing environment that will build a foundation for students success in school, at future work, and in life. To achieve the mission, our school will integrate current learning technologies into each classroom. We will offer authentic learning experiences that are representative of how children learn best, as well as offer a schedule and support activities that enable each student to reach to his or her potential. We want our students to leave with the skills and abilities necessary to achieve academic excellence, personal growth, and success as lifelong learners. This mission requires the support of the faculty, staff, families, and community in order to encourage and empower students to be responsible and valued citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,034,979$838,820▼ $196,159
Prepaid Expenses and Deferred Charges$583,186$788,036▲ $204,850
Cash and Non-Interest-Bearing Accounts$180,780$188,242▲ $7,462
Pledges and Grants Receivable$53,965$18,133▼ $35,832
Total Assets$1,852,910$1,833,231▼ $19,679
Liabilities
Other Liabilities$1,903,759$2,128,708▲ $224,949
Mortgage Notes Payable Secured by Investment Property$1,173,761$992,479▼ $181,282
Accounts Payable and Accrued Expenses$399,121$463,122▲ $64,001
Unsecured Notes Loans Payable$165,053$173,498▲ $8,445
Total Liabilities$3,641,694$3,757,807▲ $116,113
Net Assets / Fund Balance
Permanently Rstr Net Assets$-138,782$-153,659▼ $14,877
Unrestricted Net Assets$-1,650,002$-1,770,917▼ $120,915
Total Net Assets Fund Balance$-1,788,784$-1,924,576▼ $135,792
Total Liabilities and Net Assets / Fund Balance$1,852,910$1,833,231▼ $19,679

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$833,854$1,131,420$1,965,274
Equipment$4,966$29,679$34,645
Other Assets Org$704,237--
Compensation and Service Providers
Top Officer Pay36th percentile

Employees

NameTitleBaseTotal
Brian G AdamsTreasurer$3,000$3,000
Angela RobinsonMember$2,625$2,625
Patrticia BealsMember$2,562$2,562
Kathleen BrandMember$2,375$2,375
Janice BaumanPresident$2,125$2,125
Cara FordMember$1,750$1,750
Calleiah Kennedy-mossMember$1,375$1,375
Tamara ToddMember$1,375$1,375

Highest Paid Contractors

ContractorServicesLocationCompensation
Cambridge Education PartnersEducation Management471 N CLEVELAND MASSILLON RD, Fairlawn, OH 44334$1,425,878
Revenue and Support

Revenue Composition

Contributions and Grants
$2,295,219
Program Service Revenue
$0
Investment Income
$5
Other Revenue
$0
Change in Net Assets
$-135,792

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,295,224
Total Revenue per Audited Statements
$2,295,224
Total Revenue per Form 990
$2,295,224
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,346,135
Salaries, Compensation, and Employee Benefits$1,084,881
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,070,818--$1,070,818
Fees for Services Management-$355,060-$355,060
Occupancy$249,839--$249,839
Fees for Services Other$208,136$13,412-$221,548
Depreciation Depletion-$201,267-$201,267
Fees for Services Legal-$81,309-$81,309
Interest-$78,859-$78,859
Other Expenses-$55,094-$55,094
Office Expenses$52,124--$52,124
Fees for Services Accounting-$43,867-$43,867
Current Officers, Directors, Trustees, and Key Employees-$14,063-$14,063
Insurance-$7,168-$7,168
Total Functional Expenses$1,580,917$850,099$0$2,431,016

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,431,016
Total Expenses per Audited Statements$2,431,016
Total Expenses per Form 990$2,431,016
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
Net Pension Liuabilities$2,128,708
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Part VI, Section A, Line 3

“The school contracts with cambridge education group to run the day to day operations of the school.”

Part VI, Section A, Line 7A

“The board elects or removes members as needed with approval from sponsor.”

Part VI, Section B, Line 11

“The school treasurer prepares the 990 and submits it to the board for approval”

Part VI, Section B, Line 12C

“At the annual meeting of the school, each board member is required to fill out the disclosure policy form and submit for review.”

Part VI, Section C, Line 19

“The organiztions day to day operating records are maintained by the emo on site at the school. All legal documents (policies, bylaws, and other governance documents) are maintained by the schools legal counsel. All financial documents are maintined by the fiscal officer.”

Part VII, Line 1A(B)

“Attend meetings, meet with management, review policies and proceeds, vote on school business”

Part VII, Line 1A(B)

“Attend meetings, meet with management, review policies and proceeds, vote on school business”

Part VII, Line 1A(B)

“Attend meetings, meet with management, review policies and proceeds, vote on school business”

Part VII, Line 1A(B)

“Attend meetings, meet with management, review policies and proceeds, vote on school business”

Part VII, Line 1A(B)

“Attend meetings, meet with management, review policies and proceeds, vote on school business”

Part VII, Line 1A(B)

“Attend meetings, meet with management, review policies and proceeds, vote on school business”

Part VII, Line 1A(B)

“Attend meetings, meet with management, review policies and proceeds, vote on school business”

Part VII, Line 1A(B)

“Paid bills, depositied funds, and prepared financial reports”

Filing and Contact Details

Filer

Filer Name
Colonial Preparatory Academy
EIN
34-1866952
Phone
3307850180
Address
2199 5TH STREET, AKRON, OH 44314

Signing Officer

Name
Brian G Adams
Title
Treasurer
Phone
6147667009
Signed
2018-05-10

Organization Details

Principal Officer
Janice Baumann
Formed
1998
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
7
Employees
0
Supplemental Narrative

Additional Explanations

Part IX, Line 11G

“Instructional and other professional services”

Financial Statement Notes

Part X line 2

“This is the allocated net pension liability due to the ohio state teachers retirement system and the ohio school employees retirement system”

Raw XML AppendixShowing 400 of 448 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/BOYAmt0399121
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0463122
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0COLONIAL PREP ACADEMY, SERVING GRADES K-8, IS DEDICATED TO IMPROVING THE LIVES OF ITS STUDENTS BY PROVIDING AUTHENTIC LEARNING EXPERIENCES IN A COLLABORATIVE, NURTURING ENVIRONMENT THAT WILL BUILD A FOUNDATION FOR STUDENTS SUCCESS IN SCHOOL, AT FUTURE WORK, AND IN LIFE. TO ACHIEVE THE MISSION, OUR SCHOOL WILL INTEGRATE CURRENT LEARNING TECHNOLOGIES INTO EACH CLASSROOM. WE WILL OFFER AUTHENTIC LEARNING EXPERIENCES THAT ARE REPRESENTATIVE OF HOW CHILDREN LEARN BEST, AS WELL AS OFFER A SCHEDULE AND SUPPORT ACTIVITIES THAT ENABLE EACH STUDENT TO REACH TO HIS OR HER POTENTIAL. WE WANT OUR STUDENTS TO LEAVE WITH THE SKILLS AND ABILITIES NECESSARY TO ACHIEVE ACADEMIC EXCELLENCE, PERSONAL GROWTH, AND SUCCESS AS LIFELONG LEARNERS. THIS MISSION REQUIRES THE SUPPORT OF THE FACULTY, STAFF, FAMILIES, AND COMMUNITY IN ORDER TO ENCOURAGE AND EMPOWER STUDENTS TO BE RESPONSIBLE AND VALUED CITIZENS.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0OHIO COMMUNITY SCHOOL CONSULTANTS LTD
IRS990/BooksInCareOfDetail/PhoneNum06147667009
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt065 E WILSON BRIDGE RD STE 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0WORTHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd043085
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0180780
IRS990/CashNonInterestBearingGrp/EOYAmt0188242
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt014063
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt014063
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt01425878
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0471 N CLEVELAND MASSILLON RD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0FAIRLAWN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd044334
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CAMBRIDGE EDUCATION PARTNERS
IRS990/ContractorCompensationGrp/ServicesDesc0EDUCATION MANAGEMENT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02295219
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05
IRS990/CYOtherExpensesAmt01346135
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-135792
IRS990/CYSalariesCompEmpBnftPaidAmt01084881
IRS990/CYTotalExpensesAmt02431016
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02295224
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0201267
IRS990/DepreciationDepletionGrp/TotalAmt0201267
IRS990/Desc0THE SCHOOL PROVIDED EDUCATION TO 228 STUDENTS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt02431016
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt043867
IRS990/FeesForServicesAccountingGrp/TotalAmt043867
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt081309
IRS990/FeesForServicesLegalGrp/TotalAmt081309
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0355060
IRS990/FeesForServicesManagementGrp/TotalAmt0355060
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt013412
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0208136
IRS990/FeesForServicesOtherGrp/TotalAmt0221548
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8886TFiledInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt0002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt2001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt3002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt4002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt5002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt6001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt7003.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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/PersonNm0JANICE BAUMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1ANGELA ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm2CALLEIAH KENNEDY-MOSS
IRS990/Form990PartVIISectionAGrp/PersonNm3CARA FORD
IRS990/Form990PartVIISectionAGrp/PersonNm4KATHLEEN BRAND
IRS990/Form990PartVIISectionAGrp/PersonNm5PATRTICIA BEALS
IRS990/Form990PartVIISectionAGrp/PersonNm6TAMARA TODD
IRS990/Form990PartVIISectionAGrp/PersonNm7BRIAN G ADAMS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt02125
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12625
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21375
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt42375
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt52562
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt61375
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt73000
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt02295219
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02295224
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07168
IRS990/InsuranceGrp/TotalAmt07168
IRS990/InterestGrp/ManagementAndGeneralAmt078859
IRS990/InterestGrp/TotalAmt078859
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt05
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt059
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01161099
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01034979
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0838820
IRS990/LandBldgEquipCostOrOtherBssAmt01999919
IRS990/LegalDomicileStateCd0OH
IRS990/LicensedMoreThanOneStateInd00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0COLONIAL NBSP;PREP NBSP;ACADEMY NBSP;SERVING NBSP;GRADES NBSP;K-8 NBSP;IS NBSP;DEDICATED NBSP;TO NBSP;IMPROVING NBSP;THE NBSP;LIVES NBSP;OF NBSP;ITS NBSP;STUDENTS NBSP;BY NBSP;PROVIDING NBSP;AUTHENTIC NBSP;LEARNING NBSP;EXPERIENCES NBSP;IN NBSP;A NBSP;COLLABORATIVE NBSP;NURTURING NBSP;ENVIRONMENT NBSP;THAT NBSP;WILL NBSP;BUILD NBSP;A NBSP;FOUNDATION NBSP;FOR NBSP;STUDENTS NBSP;SUCCESS NBSP;IN NBSP;SCHOOL NBSP;AT NBSP;FUTURE NBSP;WORK NBSP;AND NBSP;IN NBSP;LIFE NBSP;TO NBSP;ACHIEVE NBSP;THE NBSP;MISSION NBSP;OUR NBSP;SCHOOL NBSP;WILL NBSP;INTEGRATE NBSP;CURRENT NBSP;LEARNING NBSP;TECHNOLOGIES NBSP;INTO NBSP;EACH NBSP;CLASSROOM NBSP;WE NBSP;WILL NBSP;OFFER NBSP;AUTHENTIC NBSP;LEARNING NBSP;EXPERIENCES NBSP;THAT NBSP;ARE NBSP;REPRESENTATIVE NBSP;OF NBSP;HOW NBSP;CHILDREN NBSP;LEARN NBSP;BEST NBSP;AS NBSP;WELL NBSP;AS NBSP;OFFER NBSP;A NBSP;SCHEDULE NBSP;AND NBSP;SUPPORT NBSP;ACTIVITIES NBSP;THAT NBSP;ENABLE NBSP;EACH NBSP;STUDENT NBSP;TO NBSP;REACH NBSP;TO NBSP;HIS NBSP;OR NBSP;HER NBSP;P
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01173761
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0992479
IRS990/NetAssetsOrFundBalancesBOYAmt0-1788784
IRS990/NetAssetsOrFundBalancesEOYAmt0-1924576
IRS990/NondeductibleContributionsInd00
IRS990/NondeductibleContriDisclInd00
IRS990/OccupancyGrp/ProgramServicesAmt0249839
IRS990/OccupancyGrp/TotalAmt0249839
IRS990/OfficeExpensesGrp/ProgramServicesAmt052124
IRS990/OfficeExpensesGrp/TotalAmt052124
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind00
IRS990/OtherExpensesGrp/Desc0SPONSOR FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt055094
IRS990/OtherExpensesGrp/TotalAmt055094
IRS990/OtherLiabilitiesGrp/BOYAmt01903759
IRS990/OtherLiabilitiesGrp/EOYAmt02128708
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01070818
IRS990/OtherSalariesAndWagesGrp/TotalAmt01070818
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0-138782
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0-153659
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt053965
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt018133
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0583186
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0788036
IRS990/PrincipalOfficerNm0JANICE BAUMANN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYContributionsGrantsAmt02087393
IRS990/PYExcessBenefitTransInd00
IRS990/PYInvestmentIncomeAmt05
IRS990/PYOtherExpensesAmt01310380
IRS990/PYRevenuesLessExpensesAmt0-106189
IRS990/PYSalariesCompEmpBnftPaidAmt0883207
IRS990/PYTotalExpensesAmt02193587
IRS990/PYTotalRevenueAmt02087398
IRS990/QuidProQuoContributionsInd00
IRS990/QuidProQuoContriDisclInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-135792
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02295224
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt04966
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029679
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt034645
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt034645
IRS990ScheduleD/ExpensesSubtotalAmt02431016
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0833854
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01131420
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt01965274
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01965274
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0704237
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED PENSION ACCRUALS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02128708
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIUABILITIES
IRS990ScheduleD/RevenueSubtotalAmt02295224
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THIS IS THE ALLOCATED NET PENSION LIABILITY DUE TO THE OHIO STATE TEACHERS RETIREMENT SYSTEM AND THE OHIO SCHOOL EMPLOYEES RETIREMENT SYSTEM
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0838820
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0704237
IRS990ScheduleD/TotalExpensesPerForm990Amt02431016
IRS990ScheduleD/TotalLiabilityAmt02128708
IRS990ScheduleD/TotalRevenuePerForm990Amt02295224
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02295224
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02431016
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
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL CONTRACTS WITH CAMBRIDGE EDUCATION GROUP TO RUN THE DAY TO DAY OPERATIONS OF THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD ELECTS OR REMOVES MEMBERS AS NEEDED WITH APPROVAL FROM SPONSOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL TREASURER PREPARES THE 990 AND SUBMITS IT TO THE BOARD FOR APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT THE ANNUAL MEETING OF THE SCHOOL, EACH BOARD MEMBER IS REQUIRED TO FILL OUT THE DISCLOSURE POLICY FORM AND SUBMIT FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZTIONS DAY TO DAY OPERATING RECORDS ARE MAINTAINED BY THE EMO ON SITE AT THE SCHOOL. ALL LEGAL DOCUMENTS (POLICIES, BYLAWS, AND OTHER GOVERNANCE DOCUMENTS) ARE MAINTAINED BY THE SCHOOLS LEGAL COUNSEL. ALL FINANCIAL DOCUMENTS ARE MAINTINED BY THE FISCAL OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ATTEND MEETINGS, MEET WITH MANAGEMENT, REVIEW POLICIES AND PROCEEDS, VOTE ON SCHOOL BUSINESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ATTEND MEETINGS, MEET WITH MANAGEMENT, REVIEW POLICIES AND PROCEEDS, VOTE ON SCHOOL BUSINESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ATTEND MEETINGS, MEET WITH MANAGEMENT, REVIEW POLICIES AND PROCEEDS, VOTE ON SCHOOL BUSINESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ATTEND MEETINGS, MEET WITH MANAGEMENT, REVIEW POLICIES AND PROCEEDS, VOTE ON SCHOOL BUSINESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ATTEND MEETINGS, MEET WITH MANAGEMENT, REVIEW POLICIES AND PROCEEDS, VOTE ON SCHOOL BUSINESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ATTEND MEETINGS, MEET WITH MANAGEMENT, REVIEW POLICIES AND PROCEEDS, VOTE ON SCHOOL BUSINESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ATTEND MEETINGS, MEET WITH MANAGEMENT, REVIEW POLICIES AND PROCEEDS, VOTE ON SCHOOL BUSINESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12PAID BILLS, DEPOSITIED FUNDS, AND PREPARED FINANCIAL REPORTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13INSTRUCTIONAL AND OTHER PROFESSIONAL SERVICES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0YES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MIDDLEBURY PREPARATORY ACADEMY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0341866953
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0YES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt088 KENT STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0AKRON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd044305
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0150000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH AND LAN AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MIDDLEBURY ACAXDDEMY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0A
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01852910
IRS990/TotalAssetsEOYAmt01833231
IRS990/TotalAssetsGrp/BOYAmt01852910
IRS990/TotalAssetsGrp/EOYAmt01833231
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02295219
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0850099
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01580917
IRS990/TotalFunctionalExpensesGrp/TotalAmt02431016
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03641694
IRS990/TotalLiabilitiesEOYAmt03757807
IRS990/TotalLiabilitiesGrp/BOYAmt03641694
IRS990/TotalLiabilitiesGrp/EOYAmt03757807
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1788784
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1924576
IRS990/TotalProgramServiceExpensesAmt02431016
IRS990/TotalReportableCompFromOrgAmt017187
IRS990/TotalRevenueGrp/ExclusionAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,833,231
Liabilities
$3,757,807
Net assets
-$1,924,576
Revenue
$2,295,224
Expenses
$2,431,016
Net income
-$135,792
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$1.83$3.76$1.92$2.30$2.43$0.14
2016Detailed filing. Detailed filing data is available for this year.$1.81$3.56$1.75$2.09$2.15$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.61$3.30$1.68$2.23$2.11$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.54$1.82$0.28$1.57$1.89$0.32