Civic Intelligence

Chapel Hill Academy Inc.

990 • Fiscal year 2020 • EIN 41-0965970

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 06, 2020

306 W 78th StChanhassen, MN 55317

(952) 949-9014

Siviq Scores

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

Liabilities / Assets

60th percentile

0.26x

Higher debt load relative to assets than 60% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

73rd percentile

0.56x

Higher debt load relative to revenue than 73% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

37th percentile

0.1%

Higher net margin than 37% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$94,210

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

45th percentile

4.5%

Faster asset growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

33rd percentile

-7.0%

Faster revenue growth than 33% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$6,552,940

Up $283,834 (+4.5%) from 2019

Net Assets

Up

$4,831,974

Up $2,735 (+0.1%) from 2019

Liabilities

Up

$1,720,966

Up $281,099 (+20%) from 2019

Revenue

Down

$3,066,319

Down $229,258 (-7.0%) from 2019

Expenses

Down

$3,063,584

Down $203,099 (-6.2%) from 2019

Net Income

Down

$2,735

Down $26,159 (-91%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $4,336,289Liabilities 2010: $1,010,282Net Assets 2010: $3,326,0072010Assets 2011: $4,323,037Liabilities 2011: $933,030Net Assets 2011: $3,390,0072011Assets 2012: $4,481,128Liabilities 2012: $836,372Net Assets 2012: $3,644,7562012Assets 2013: $4,422,576Liabilities 2013: $832,772Net Assets 2013: $3,589,8042013Assets 2014: $4,496,205Liabilities 2014: $761,078Net Assets 2014: $3,735,1272014Assets 2015: $5,354,619Liabilities 2015: $615,222Net Assets 2015: $4,739,3972015Assets 2016: $5,458,640Liabilities 2016: $102,154Net Assets 2016: $5,356,4862016Assets 2017: $6,965,848Liabilities 2017: $1,770,007Net Assets 2017: $5,195,8412017Assets 2018: $6,235,109Liabilities 2018: $1,434,764Net Assets 2018: $4,800,3452018Assets 2019: $6,269,106Liabilities 2019: $1,439,867Net Assets 2019: $4,829,2392019Assets 2020: $6,552,940Liabilities 2020: $1,720,966Net Assets 2020: $4,831,9742020Assets 2021: $7,105,552Liabilities 2021: $1,479,984Net Assets 2021: $5,625,5682021Assets 2022: $7,972,164Liabilities 2022: $1,359,416Net Assets 2022: $6,612,7482022Assets 2023: $10,798,733Liabilities 2023: $2,013,932Net Assets 2023: $8,784,8012023Assets 2024: $11,512,495Liabilities 2024: $1,635,379Net Assets 2024: $9,877,1162024Assets 2025: $10,872,317Liabilities 2025: $319,198Net Assets 2025: $10,553,1192025

Highlighted filing

2020

Assets$6,552,940
Liabilities$1,720,966
Net Assets$4,831,974

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,391,8212010Expenses 2011: $2,627,0232011Expenses 2012: $2,761,6372012Revenue 2013: $2,914,709Expenses 2013: $2,969,662Net Income 2013: -$54,9532013Revenue 2014: $3,223,664Expenses 2014: $3,078,341Net Income 2014: $145,3232014Revenue 2015: $4,275,428Expenses 2015: $3,271,158Net Income 2015: $1,004,2702015Revenue 2016: $3,591,055Expenses 2016: $2,973,966Net Income 2016: $617,0892016Revenue 2017: $3,024,791Expenses 2017: $3,185,436Net Income 2017: -$160,6452017Revenue 2018: $2,642,872Expenses 2018: $3,038,368Net Income 2018: -$395,4962018Revenue 2019: $3,295,577Expenses 2019: $3,266,683Net Income 2019: $28,8942019Revenue 2020: $3,066,319Expenses 2020: $3,063,584Net Income 2020: $2,7352020Revenue 2021: $4,358,097Expenses 2021: $3,564,503Net Income 2021: $793,5942021Revenue 2022: $5,146,130Expenses 2022: $4,158,950Net Income 2022: $987,1802022Revenue 2023: $6,758,271Expenses 2023: $4,586,218Net Income 2023: $2,172,0532023Revenue 2024: $6,043,770Expenses 2024: $4,950,333Net Income 2024: $1,093,4372024Revenue 2025: $6,332,687Expenses 2025: $5,656,684Net Income 2025: $676,0032025

Highlighted filing

2020

Revenue$3,066,319
Expenses$3,063,584
Net Income$2,735
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 6, 2020
Return Version
2019v5.0
Gross Receipts
$3,099,955
Mission and Program Overview

Mission

To glorify god and assist families by providing a christ-centered education which inspires and enables students to pursue spiritual maturity and academic excellence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,581,431$5,349,979▼ $231,452
Cash and Non-Interest-Bearing Accounts$666,694$1,149,248▲ $482,554
Accounts Receivable$16,243$29,157▲ $12,914
Prepaid Expenses and Deferred Charges$4,738$24,556▲ $19,818
Total Assets$6,269,106$6,552,940▲ $283,834
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,350,662$1,638,981▲ $288,319
Deferred Revenue$60,457$50,879▼ $9,578
Accounts Payable and Accrued Expenses$28,748$31,106▲ $2,358
Total Liabilities$1,439,867$1,720,966▲ $281,099
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,753,239$4,755,974▲ $2,735
Net Assets With Donor Restrictions$76,000$76,000→ $0
Total Net Assets Fund Balance$4,829,239$4,831,974▲ $2,735
Total Liabilities and Net Assets / Fund Balance$6,269,106$6,552,940▲ $283,834

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,628,796$2,196,677$5,825,473
Land$1,430,597-$1,430,597
Equipment$290,586$770,109$1,060,695
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kassie GroszHead AdminisFT$94,210$94,210

Board Members and Trustees

NameTitle
Jay ScottBoard Chair
Tim LutherVice Chair
Ben FettersDirector
Jenny PaineDirector
Jim FerrinDirector
Mark StayDirector
Jim JohnsonSecretary
Michael WiddifieldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$336,361
Program Service Revenue
$2,560,568
Investment Income
$439
Other Revenue
$168,951
All Other Contributions
$336,361
Change in Net Assets
$2,735

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,066,319
Revenue Not Reported on Form 990
$-317,355
Total Revenue per Audited Statements
$2,748,964
Total Revenue per Form 990
$3,066,319
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,915,273
Other Expenses$797,320
Grants and Similar Amounts Paid$350,991
Total Fundraising Expense$45,670
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,185,459$296,422$42,425$1,524,306
Grants to Domestic Individuals$350,991--$350,991
Depreciation Depletion$231,517$25,724-$257,241
Other Employee Benefits$147,870$36,967-$184,837
Payroll Taxes$86,940$21,735$3,245$111,920
Current Officers, Directors, Trustees, and Key Employees$94,210--$94,210
All Other Expenses$51,713$27,408-$79,121
Interest$62,654$6,962-$69,616
Office Expenses$47,272$11,530-$58,802
Information Technology$41,578$10,394-$51,972
Other Expenses$31,540$3,504-$35,044
Fees for Services Other-$14,138-$14,138
Fees for Services Accounting-$12,925-$12,925
Insurance$10,670$1,186-$11,856
Fees for Services Legal-$3,816-$3,816
Total Functional Expenses$2,534,596$483,318$45,670$3,063,584

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,063,584
Total Expenses per Form 990$3,063,584
Total Expenses per Audited Statements$2,746,229
Expenses Not Reported on Form 990$-317,355
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$202,587
Fundraising Direct Expenses$33,636
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$130,129$130,129$8,960$121,169
Golf Tournament$24,195$24,195$11,762$12,433
Total Events$154,324$154,324$20,722$133,602
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

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

The members of the academy elect the governing board.

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

YES.

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

The 990 will be reviewed by appropriate members at a board meeting prior to signature.

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

Conflicts of interest are reviewed annually at board meetings. Issues are addressed individually in accordance with the documents.

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

Annual review with board approval.

Form 990, Page 6, Part VI, Line 19

Chapel hill academy governing documents, conflict of interest policy and financial statements are available to the public upon request from the finance administrator.

Filing and Contact Details

Filer

Filer Name
Chapel Hill Academy
EIN
41-0965970
Phone
9529499014
Address
306 W 78TH ST, CHANHASSEN, MN 55317

Signing Officer

Name
Kassie Grosz
Title
Head Administrator
Phone
9529499014
Signed
2020-10-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ben Fetters
Formed
1970
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
8
Employees
71
Volunteers
100

Preparer

Firm
Enestvedt & Christensen Llp
Address
200 HIGHWAY 13 W STE 200, BURNSVILLE, MN 55337-2549
Preparer
Peter Christensen CPA
Phone
9528947880
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Parent volunteers help with field trips, classroom assistance and other events as needed. The volunteers receive no benefit for their participation.

Form 990, Part XI, Line 9

Financial aid recorded as revenue offset on financial stmt -350,991 direct costs of fundraising 33,636 financial aid recorded as revenue offset on financial stmt 350,991 direct costs of fundraising -33,636

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Financial aid recorded as revenue offset on financial stmt -350,991 direct costs of fundraising 33,636

Schedule D, Page 4, Part XII, Line 2D

Financial aid recorded as revenue offset on financial stmt -350,991 direct costs of fundraising 33,636

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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011530
IRS990/OfficeExpensesGrp/ProgramServicesAmt047272
IRS990/OfficeExpensesGrp/TotalAmt058802
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt036967
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0147870
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0184837
IRS990/OtherExpensesGrp/Desc0CLASSROOM
IRS990/OtherExpensesGrp/Desc1UTILITIES / TRASH
IRS990/OtherExpensesGrp/Desc2MAINTENANCE
IRS990/OtherExpensesGrp/Desc3JANITORIAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06511
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14096
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23504
IRS990/OtherExpensesGrp/ProgramServicesAmt096717
IRS990/OtherExpensesGrp/ProgramServicesAmt158597
IRS990/OtherExpensesGrp/ProgramServicesAmt236868
IRS990/OtherExpensesGrp/ProgramServicesAmt331540
IRS990/OtherExpensesGrp/TotalAmt096717
IRS990/OtherExpensesGrp/TotalAmt165108
IRS990/OtherExpensesGrp/TotalAmt240964
IRS990/OtherExpensesGrp/TotalAmt335044
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt042425
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0296422
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01185459
IRS990/OtherSalariesAndWagesGrp/TotalAmt01524306
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03245
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021735
IRS990/PayrollTaxesGrp/ProgramServicesAmt086940
IRS990/PayrollTaxesGrp/TotalAmt0111920
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04738
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024556
IRS990/PrincipalOfficerNm0BEN FETTERS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1FEES AND PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/Desc2EXTRACURRICULAR ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc3LESS DISCOUNTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02496913
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1245641
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt226030
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3-208016
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02496913
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1245641
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt226030
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3-208016
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0435263
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0354825
IRS990/PYInvestmentIncomeAmt0-3539
IRS990/PYOtherExpensesAmt0989667
IRS990/PYOtherRevenueAmt0145092
IRS990/PYProgramServiceRevenueAmt02718761
IRS990/PYRevenuesLessExpensesAmt028894
IRS990/PYSalariesCompEmpBnftPaidAmt01922191
IRS990/PYTotalExpensesAmt03266683
IRS990/PYTotalRevenueAmt03295577
IRS990/ReconcilationRevenueExpnssAmt02735
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02560568
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt03628796
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02196677
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05825473
IRS990ScheduleD/EquipmentGrp/BookValueAmt0290586
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0770109
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01060695
IRS990ScheduleD/ExpensesNotReportedAmt0-317355
IRS990ScheduleD/ExpensesSubtotalAmt03063584
IRS990ScheduleD/LandGrp/BookValueAmt01430597
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01430597
IRS990ScheduleD/OtherExpensesIncludedAmt0-317355
IRS990ScheduleD/OtherRevenueAmt0-317355
IRS990ScheduleD/RevenueNotReportedAmt0-317355
IRS990ScheduleD/RevenueSubtotalAmt03066319
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FINANCIAL AID RECORDED AS REVENUE OFFSET ON FINANCIAL STMT -350,991 DIRECT COSTS OF FUNDRAISING 33,636
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FINANCIAL AID RECORDED AS REVENUE OFFSET ON FINANCIAL STMT -350,991 DIRECT COSTS OF FUNDRAISING 33,636
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05349979
IRS990ScheduleD/TotalExpensesPerForm990Amt03063584
IRS990ScheduleD/TotalRevenuePerForm990Amt03066319
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02748964
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02746229
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ANNOUNCEMENT IN LOCAL NEWSPAPERS AND IN THE ORGANIZATION'S INFORMATIONAL BROCHURES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt020722
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0130129
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt024195
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0154324
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0130129
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt024195
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0154324
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0133602
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt020722
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08960
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt011762
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0350991
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP/FINANCIAL AID
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0A THIRD PARTY IS CONTRACTED TO EVALUATE FINANCIAL NEED AND RECOMMEND THE AMOUNT OF SCHOLARSHIP / AID TO PROVIDE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PARENT VOLUNTEERS HELP WITH FIELD TRIPS, CLASSROOM ASSISTANCE AND OTHER EVENTS AS NEEDED. THE VOLUNTEERS RECEIVE NO BENEFIT FOR THEIR PARTICIPATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE ACADEMY ELECT THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2YES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 WILL BE REVIEWED BY APPROPRIATE MEMBERS AT A BOARD MEETING PRIOR TO SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICTS OF INTEREST ARE REVIEWED ANNUALLY AT BOARD MEETINGS. ISSUES ARE ADDRESSED INDIVIDUALLY IN ACCORDANCE WITH THE DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANNUAL REVIEW WITH BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CHAPEL HILL ACADEMY GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FROM THE FINANCE ADMINISTRATOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FINANCIAL AID RECORDED AS REVENUE OFFSET ON FINANCIAL STMT -350,991 DIRECT COSTS OF FUNDRAISING 33,636 FINANCIAL AID RECORDED AS REVENUE OFFSET ON FINANCIAL STMT 350,991 DIRECT COSTS OF FUNDRAISING -33,636
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06269106
IRS990/TotalAssetsEOYAmt06552940
IRS990/TotalAssetsGrp/BOYAmt06269106
IRS990/TotalAssetsGrp/EOYAmt06552940
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0336361
IRS990/TotalEmployeeCnt071
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt045670
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0483318
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02534596
IRS990/TotalFunctionalExpensesGrp/TotalAmt03063584
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01439867
IRS990/TotalLiabilitiesEOYAmt01720966
IRS990/TotalLiabilitiesGrp/BOYAmt01439867

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$10.9$0.32$10.6$6.33$5.66$0.68
2024Detailed filing. Detailed filing data is available for this year.$11.5$1.64$9.88$6.04$4.95$1.09
2023Detailed filing. Detailed filing data is available for this year.$10.8$2.01$8.78$6.76$4.59$2.17
2022Detailed filing. Detailed filing data is available for this year.$7.97$1.36$6.61$5.15$4.16$0.99
2021Detailed filing. Detailed filing data is available for this year.$7.11$1.48$5.63$4.36$3.56$0.79
2020Detailed filing. Detailed filing data is available for this year.$6.55$1.72$4.83$3.07$3.06$0.00
2019Detailed filing. Detailed filing data is available for this year.$6.27$1.44$4.83$3.30$3.27$0.03
2018Detailed filing. Detailed filing data is available for this year.$6.24$1.43$4.80$2.64$3.04$0.40
2017Detailed filing. Detailed filing data is available for this year.$6.97$1.77$5.20$3.02$3.19$0.16
2016Detailed filing. Detailed filing data is available for this year.$5.46$0.10$5.36$3.59$2.97$0.62
2015Detailed filing. Detailed filing data is available for this year.$5.35$0.62$4.74$4.28$3.27$1.00
2014Detailed filing. Detailed filing data is available for this year.$4.50$0.76$3.74$3.22$3.08$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.42$0.83$3.59$2.91$2.97$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.48$0.84$3.64$2.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.32$0.93$3.39$2.63
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.34$1.01$3.33$2.39