Civic Intelligence

Middlebury Academy

990 • Fiscal year 2016 • EIN 34-1866953

Jul 31, 2015 to Jun 30, 2016 • Filed on May 12, 2017

88 Kent StAkron, OH 44305

(330) 535-7728

Siviq Scores

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

Liabilities / Assets

99th percentile

2.57x

Higher debt load relative to assets than 99% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

87th percentile

1.24x

Higher debt load relative to revenue than 87% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

38th percentile

-1.1%

Higher net margin than 38% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$3,600

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

88th percentile

35%

Faster asset growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

23rd percentile

-10%

Faster revenue growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,280,931

Up $335,047 (+35%) from 2015

Net Assets

Down

-$2,006,470

Down $29,019 (-1.5%) from 2015

Liabilities

Up

$3,287,401

Up $364,066 (+12%) from 2015

Revenue

Down

$2,658,083

Down $304,140 (-10%) from 2015

Expenses

Down

$2,687,102

Down $109,608 (-3.9%) from 2015

Net Income

Down

-$29,019

Down $194,532 (-118%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2014: $560,790Liabilities 2014: $245,341Net Assets 2014: $315,4492014Assets 2015: $945,884Liabilities 2015: $2,923,335Net Assets 2015: -$1,977,4512015Assets 2016: $1,280,931Liabilities 2016: $3,287,401Net Assets 2016: -$2,006,4702016Assets 2017: $1,266,186Liabilities 2017: $3,686,152Net Assets 2017: -$2,419,9662017Assets 2018: $921,464Liabilities 2018: $3,349,730Net Assets 2018: -$2,428,2662018Assets 2019: $931,367Liabilities 2019: $3,183,429Net Assets 2019: -$2,252,0622019Assets 2020: $1,143,721Liabilities 2020: $3,566,615Net Assets 2020: -$2,422,8942020Assets 2021: $1,113,022Liabilities 2021: $3,197,506Net Assets 2021: -$2,084,4842021Assets 2022: $1,264,238Liabilities 2022: $2,643,798Net Assets 2022: -$1,379,5602022Assets 2023: $1,384,711Liabilities 2023: $2,642,747Net Assets 2023: -$1,258,0362023Assets 2024: $2,313,113Liabilities 2024: $3,158,481Net Assets 2024: -$845,3682024Assets 2025: $2,013,261Liabilities 2025: $2,855,822Net Assets 2025: -$842,5612025

Highlighted filing

2016

Assets$1,280,931
Liabilities$3,287,401
Net Assets-$2,006,470

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $2,767,145Expenses 2014: $2,518,044Net Income 2014: $249,1012014Revenue 2015: $2,962,223Expenses 2015: $2,796,710Net Income 2015: $165,5132015Revenue 2016: $2,658,083Expenses 2016: $2,687,102Net Income 2016: -$29,0192016Revenue 2017: $2,060,534Expenses 2017: $2,427,408Net Income 2017: -$366,8742017Revenue 2018: $2,824,521Expenses 2018: $2,234,147Net Income 2018: $590,3742018Revenue 2019: $2,653,708Expenses 2019: $2,477,504Net Income 2019: $176,2042019Revenue 2020: $2,236,978Expenses 2020: $2,407,810Net Income 2020: -$170,8322020Revenue 2021: $1,932,455Expenses 2021: $1,594,045Net Income 2021: $338,4102021Revenue 2022: $2,461,114Expenses 2022: $1,756,190Net Income 2022: $704,9242022Revenue 2023: $2,692,844Expenses 2023: $2,571,320Net Income 2023: $121,5242023Revenue 2024: $3,512,563Expenses 2024: $3,099,895Net Income 2024: $412,6682024Revenue 2025: $3,572,809Expenses 2025: $3,570,002Net Income 2025: $2,8072025

Highlighted filing

2016

Revenue$2,658,083
Expenses$2,687,102
Net Income-$29,019
Jump To
Filing Snapshot
Filing Period
Jul 31, 2015 to Jun 30, 2016
Signed
May 12, 2017
Return Version
2015v3.0
Gross Receipts
$2,658,083
Mission and Program Overview

Mission

The Vision of Middlebury Academy is to foster a love of learning and develop a multicultural environment, through communication that focuses on problem solving, scientific and technological strategies, languages and entrepreneurship in our students.

Middlebury 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
Prepaid Expenses and Deferred Charges$222,072$621,611▲ $399,539
Cash and Non-Interest-Bearing Accounts$273,881$341,001▲ $67,120
Other Notes and Loans Receivable, Net-$165,054-
Accounts Receivable$157,020--
Land, Buildings, and Equipment, Net$162,838$110,877▼ $51,961
Pledges and Grants Receivable$130,073$42,388▼ $87,685
Total Assets$945,884$1,280,931▲ $335,047
Liabilities
Other Liabilities$2,192,912$2,857,153▲ $664,241
Accounts Payable and Accrued Expenses$680,249$403,858▼ $276,391
Unsecured Notes Loans Payable$50,174$26,390▼ $23,784
Total Liabilities$2,923,335$3,287,401▲ $364,066
Net Assets / Fund Balance
Permanently Rstr Net Assets$112,664$84,487▼ $28,177
Unrestricted Net Assets$-2,090,115$-2,090,957▼ $842
Total Net Assets Fund Balance$-1,977,451$-2,006,470▼ $29,019
Total Liabilities and Net Assets / Fund Balance$945,884$1,280,931▲ $335,047

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$35,131$120,744-
Leasehold Improvements$75,746$71,543-
Compensation and Service Providers

Employees

NameTitleBaseTotal
Brian G AdamsTreasurer$3,600$3,600
Patricia BealsMember$2,405$2,405
Angela RobinsonMember$2,375$2,375
Janice BaumannMember$2,125$2,125
Ron McdanielPresidnt$2,125$2,125
Jessica HricovecMember$2,000$2,000
Calleiah Kennedy-mossMember$1,938$1,938
Christopher OwensMember$1,875$1,875

Highest Paid Contractors

ContractorServicesLocationCompensation
Cambridge Education GroupEducation Management481 N CLEVELAND MASSILLON RD, Akron, OH 44333$359,179
Revenue and Support

Revenue Composition

Contributions and Grants
$2,649,605
Program Service Revenue
$0
Investment Income
$8,478
Other Revenue
$0
All Other Contributions
$1,094
Change in Net Assets
$-29,019

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,658,083
Total Revenue per Audited Statements
$2,658,083
Total Revenue per Form 990
$2,658,083
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,388,318
Salaries, Compensation, and Employee Benefits$1,298,784
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,280,341--$1,280,341
Occupancy$438,551--$438,551
Fees for Services Management-$359,179-$359,179
Fees for Services Other$121,122$105,076-$226,198
Office Expenses$125,961$30,479-$156,440
Other Expenses-$60,251-$60,251
Depreciation Depletion-$51,961-$51,961
Fees for Services Legal-$40,488-$40,488
Fees for Services Accounting-$39,974-$39,974
Current Officers, Directors, Trustees, and Key Employees-$18,443-$18,443
Insurance-$10,669-$10,669
Interest-$4,607-$4,607
Total Functional Expenses$1,965,975$721,127$0$2,687,102

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,687,102
Total Expenses per Audited Statements$2,687,102
Total Expenses per Form 990$2,687,102
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 Liability$2,857,153
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 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. The school sponsor regulary reviews borad documents to ensure compiance with appropriate laws. The school legal counsel also does a similar review annually and reports needed changes

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
Middlebury Preparatory Academy
EIN
34-1866953
Phone
3305357728
Address
88 KENT ST, AKRON, OH 44305

Signing Officer

Name
Brian G Adams
Title
Treasurer
Phone
6147667009
Signed
2017-05-12

Organization Details

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

Additional Explanations

Part IX, line 11G

These are fees for instuctional consultants needed to augment the staff.

Part XII, line 3B

The school had its a133 audit and there were no findings or material weaknesses.

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

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IRS990/ActivityOrMissionDesc0MIDDLEBURY 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.
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IRS990/MissionDesc0MIDDLEBURY 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.
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IRS990/OccupancyGrp/TotalAmt0438551
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt030479
IRS990/OfficeExpensesGrp/ProgramServicesAmt0125961
IRS990/OfficeExpensesGrp/TotalAmt0156440
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind00
IRS990/OtherExpensesGrp/Desc0SPONSOR FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt060251
IRS990/OtherExpensesGrp/TotalAmt060251
IRS990/OtherLiabilitiesGrp/BOYAmt02192912
IRS990/OtherLiabilitiesGrp/EOYAmt02857153
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01280341
IRS990/OtherSalariesAndWagesGrp/TotalAmt01280341
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0165054
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0112664
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt084487
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0130073
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt042388
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0222072
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0621611
IRS990/PrincipalOfficerNm0RON MCDANIEL
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYExcessBenefitTransInd00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-29019
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02658083
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt035131
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0120744
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0155875
IRS990ScheduleD/ExpensesSubtotalAmt02687102
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt075746
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt071543
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0147289
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02857153
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt02658083
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/TotalBookValueLandBuildingsAmt0110877
IRS990ScheduleD/TotalExpensesPerForm990Amt02687102
IRS990ScheduleD/TotalLiabilityAmt02857153
IRS990ScheduleD/TotalRevenuePerForm990Amt02658083
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02658083
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02687102
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 SCHOOL TREASURER PREPARES THE 990 AND SUBMITS IT TO THE BOARD FOR APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT THE ANNUAL MEETING OF THE SCHOOL, EACH BOARD MEMBER IS REQUIRED TO FILL OUT THE DISCLOSURE POLICY FORM AND SUBMIT FOR REVIEW. THE SCHOOL SPONSOR REGULARY REVIEWS BORAD DOCUMENTS TO ENSURE COMPIANCE WITH APPROPRIATE LAWS. THE SCHOOL LEGAL COUNSEL ALSO DOES A SIMILAR REVIEW ANNUALLY AND REPORTS NEEDED CHANGES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 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/ExplanationTxt4ATTEND MEETINGS, MEET WITH MANAGEMENT, REVIEW POLICIES AND PROCEEDS, VOTE ON SCHOOL BUSINESS
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/ExplanationTxt11PAID BILLS, DEPOSITIED FUNDS, AND PREPARED FINANCIAL REPORTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12THESE ARE FEES FOR INSTUCTIONAL CONSULTANTS NEEDED TO AUGMENT THE STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13THE SCHOOL HAD ITS A133 AUDIT AND THERE WERE NO FINDINGS OR MATERIAL WEAKNESSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Section B, line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VII, line 1A(B)
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 IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Part XII, line 3B
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0YES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0COLONIAL PREPARATORY ACADEMY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0341866952
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0YES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02199 5TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0AKRON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd044314
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0165054
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0COLONIAL PREP ACADEMY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0A
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0945884
IRS990/TotalAssetsEOYAmt01280931
IRS990/TotalAssetsGrp/BOYAmt0945884
IRS990/TotalAssetsGrp/EOYAmt01280931
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02649605
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0721127
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01965975
IRS990/TotalFunctionalExpensesGrp/TotalAmt02687102
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02923335
IRS990/TotalLiabilitiesEOYAmt03287401
IRS990/TotalLiabilitiesGrp/BOYAmt02923335
IRS990/TotalLiabilitiesGrp/EOYAmt03287401
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1977451
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2006470
IRS990/TotalProgramServiceExpensesAmt02687102
IRS990/TotalReportableCompFromOrgAmt018443
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08478
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02658083
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0945884
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01280931
IRS990/TransactionWithControlEntInd00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-2090115
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-2090957
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt050174
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt026390
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt088 KENT ST
IRS990/USAddress/CityNm0AKRON
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044305
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07

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