Civic Intelligence

Southwest Leadership Academy

990 • Fiscal year 2018 • EIN 45-2393838

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 30, 2019

4301 W Fillmore StreetPhoenix, AZ 85043

(602) 265-2000

Siviq Scores

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

Liabilities / Assets

74th percentile

0.36x

Higher debt load relative to assets than 74% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

61st percentile

0.16x

Higher debt load relative to revenue than 61% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

27th percentile

-5.2%

Higher net margin than 27% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

8th percentile

-16%

Faster asset growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

58th percentile

7.4%

Faster revenue growth than 58% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,366,356

Down $269,550 (-16%) from 2017

Net Assets

Down

$879,776

Down $154,305 (-15%) from 2017

Liabilities

Down

$486,580

Down $115,245 (-19%) from 2017

Revenue

Up

$2,960,548

Up $204,743 (+7.4%) from 2017

Expenses

Up

$3,114,853

Up $531,172 (+21%) from 2017

Net Income

Down

-$154,305

Down $326,429 (-190%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2014: $487,045Liabilities 2014: $230,447Net Assets 2014: $256,5982014Assets 2015: $763,344Liabilities 2015: $272,414Net Assets 2015: $490,9302015Assets 2016: $1,395,580Liabilities 2016: $383,623Net Assets 2016: $1,011,9572016Assets 2017: $1,635,906Liabilities 2017: $601,825Net Assets 2017: $1,034,0812017Assets 2018: $1,366,356Liabilities 2018: $486,580Net Assets 2018: $879,7762018Assets 2019: $1,250,934Liabilities 2019: $291,036Net Assets 2019: $959,8982019Assets 2020: $1,480,430Liabilities 2020: $230,036Net Assets 2020: $1,250,3942020Assets 2021: $1,535,763Liabilities 2021: $249,584Net Assets 2021: $1,286,1792021Assets 2022: $1,572,976Liabilities 2022: $214,910Net Assets 2022: $1,358,0662022Assets 2023: $1,427,051Liabilities 2023: $177,079Net Assets 2023: $1,249,9722023Assets 2024: $1,265,958Liabilities 2024: $182,937Net Assets 2024: $1,083,0212024Assets 2025: $1,364,951Liabilities 2025: $170,070Net Assets 2025: $1,194,8812025

Highlighted filing

2018

Assets$1,366,356
Liabilities$486,580
Net Assets$879,776

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: $2,232,951Expenses 2014: $1,976,353Net Income 2014: $256,5982014Revenue 2015: $2,145,095Expenses 2015: $1,910,763Net Income 2015: $234,3322015Revenue 2016: $2,990,663Expenses 2016: $2,469,636Net Income 2016: $521,0272016Revenue 2017: $2,755,805Expenses 2017: $2,583,681Net Income 2017: $172,1242017Revenue 2018: $2,960,548Expenses 2018: $3,114,853Net Income 2018: -$154,3052018Revenue 2019: $3,050,531Expenses 2019: $2,970,409Net Income 2019: $80,1222019Revenue 2020: $3,479,024Expenses 2020: $3,188,528Net Income 2020: $290,4962020Revenue 2021: $3,093,146Expenses 2021: $3,057,361Net Income 2021: $35,7852021Revenue 2022: $3,313,198Expenses 2022: $3,241,311Net Income 2022: $71,8872022Revenue 2023: $3,133,543Expenses 2023: $3,241,637Net Income 2023: -$108,0942023Revenue 2024: $3,419,769Expenses 2024: $3,586,720Net Income 2024: -$166,9512024Revenue 2025: $3,201,356Expenses 2025: $3,089,496Net Income 2025: $111,8602025

Highlighted filing

2018

Revenue$2,960,548
Expenses$3,114,853
Net Income-$154,305
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 30, 2019
Return Version
2017v2.3
Gross Receipts
$2,960,548
Mission and Program Overview

Mission

The mission of southwest leadership academy is to provide an environment where all students are empowered and inspired to exceed expectations for academic achievement and readiness for college and career.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,589,531$1,193,720▼ $395,811
Pledges and Grants Receivable$31,610$108,944▲ $77,334
Land, Buildings, and Equipment, Net$2,524$38,669▲ $36,145
Prepaid Expenses and Deferred Charges$12,241$25,023▲ $12,782
Total Assets$1,635,906$1,366,356▼ $269,550
Liabilities
Deferred Revenue$185,921$210,124▲ $24,203
Accounts Payable and Accrued Expenses$265,904$176,456▼ $89,448
Other Liabilities$150,000$100,000▼ $50,000
Total Liabilities$601,825$486,580▼ $115,245
Net Assets / Fund Balance
Unrestricted Net Assets$1,034,081$879,776▼ $154,305
Total Net Assets Fund Balance$1,034,081$879,776▼ $154,305
Total Liabilities and Net Assets / Fund Balance$1,635,906$1,366,356▼ $269,550

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$38,669$14,964$53,633
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael GanttBoard Presid
Ruben OlivasBoard Vice P
Brian HeathDirector
Jenny DiazDirector
Terry HinesDirector
Cj BowerCFO
Mark HendershotSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$240,432
Program Service Revenue
$2,720,116
Investment Income
$0
Other Revenue
$0
All Other Contributions
$5,232
Change in Net Assets
$-154,305

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,960,548
Total Revenue per Audited Statements
$2,960,548
Total Revenue per Form 990
$2,960,548
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,711,909
Other Expenses$1,402,944
Total Fundraising Expense$21,402
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$981,960$484,391-$1,466,351
Occupancy$277,268$92,534$4,280$374,082
Fees for Services Management$95,743$143,615-$239,358
Other Employee Benefits$105,272$15,038$5,014$125,324
All Other Expenses$111,741$3,320$791$115,852
Fees for Services Other$104,874$8,463-$113,337
Payroll Taxes$88,092$11,099$3,700$102,891
Other Expenses$94,950$14,827$1,977$94,950
Insurance$22,509$5,346$281$28,136
Fees for Services Legal$6,364$19,091-$25,455
Travel$21,249$1,863$521$23,633
Pension Plan Contributions$14,568$2,081$694$17,343
Fees for Services Accounting$9,177$3,933-$13,110
Office Expenses$9,493$952$864$11,309
Depreciation Depletion$4,173$754$101$5,028
Total Functional Expenses$2,257,605$835,846$21,402$3,114,853

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,114,853
Total Expenses per Audited Statements$3,114,853
Total Expenses per Form 990$3,114,853
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to State of Arizona$100,000
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

Form 990, Page 6, Part VI, Line 3

The organization uses an unrelated management company - see part vii, section b. The management company reports directly to the board of directors.

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

The form 990 is sent to all board members prior to filing.

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

All contracts are reviewed by the cfo and the board, and all checks are reviewed by the cfo. The policy is reviewed annually to ensure everyone is up to date with it.

Form 990, Page 6, Part VI, Line 19

The governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Southwest Leadership Academy
EIN
45-2393838
Phone
6022652000
Address
4301 W FILLMORE STREET, PHOENIX, AZ 85043

Signing Officer

Name
Cj Bower
Title
CFO
Phone
7753922615
Signed
2019-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cj Bower
Formed
2011
Legal Domicile
Az
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Fester & Chapman Pllc
Address
9019 E BAHIA DR STE 100, SCOTTSDALE, AZ 85260
Preparer
Rachel R Locke CPA
Phone
6022643077
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IRS990/ReconcilationRevenueExpnssAmt0-154305
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02720116
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt038669
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014964
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt053633
IRS990ScheduleD/ExpensesSubtotalAmt03114853
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0100000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO STATE OF ARIZONA
IRS990ScheduleD/RevenueSubtotalAmt02960548
IRS990ScheduleD/TotalBookValueLandBuildingsAmt038669
IRS990ScheduleD/TotalExpensesPerForm990Amt03114853
IRS990ScheduleD/TotalLiabilityAmt0100000
IRS990ScheduleD/TotalRevenuePerForm990Amt02960548
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02960548
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03114853
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0RACIALLY NONDISCRIMINATORY POLICY IS ON OUR WEBSITE AND IN MARKETING INFORMATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES FUNDS FROM STATE CONTRACTS AND FEDERAL GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION USES AN UNRELATED MANAGEMENT COMPANY - SEE PART VII, SECTION B. THE MANAGEMENT COMPANY REPORTS DIRECTLY TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS SENT TO ALL BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL CONTRACTS ARE REVIEWED BY THE CFO AND THE BOARD, AND ALL CHECKS ARE REVIEWED BY THE CFO. THE POLICY IS REVIEWED ANNUALLY TO ENSURE EVERYONE IS UP TO DATE WITH IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantNewProgramSrvcInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt01366356
IRS990/TotalAssetsGrp/BOYAmt01635906
IRS990/TotalAssetsGrp/EOYAmt01366356
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0240432
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt021402
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0835846
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02257605
IRS990/TotalFunctionalExpensesGrp/TotalAmt03114853
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0601825
IRS990/TotalLiabilitiesEOYAmt0486580
IRS990/TotalLiabilitiesGrp/BOYAmt0601825
IRS990/TotalLiabilitiesGrp/EOYAmt0486580
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01034081
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0879776
IRS990/TotalProgramServiceExpensesAmt02257605
IRS990/TotalProgramServiceRevenueAmt02720116
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02720116
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02960548
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01635906
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01366356
IRS990/TravelGrp/FundraisingAmt0521
IRS990/TravelGrp/ManagementAndGeneralAmt01863
IRS990/TravelGrp/ProgramServicesAmt021249
IRS990/TravelGrp/TotalAmt023633
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01034081
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0879776
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02560 BUSINESS PARKWAY STE A
IRS990/USAddress/CityNm0MINDEN
IRS990/USAddress/StateAbbreviationCd0NV
IRS990/USAddress/ZIPCd089423
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0HTTP://SOUTHWESTLEADERSHIPACADEMY.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CJ BOWER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum07753922615
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHWEST LEADERSHIP ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0452393838
ReturnHeader/Filer/PhoneNum06022652000
ReturnHeader/Filer/USAddress/AddressLine1Txt04301 W FILLMORE STREET
ReturnHeader/Filer/USAddress/CityNm0PHOENIX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085043
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DF0EA5206D48450F037FD57DFE906C118EC0AE80
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05CC1A02AEE4D65CCA96B2A204AA8260E88274BDD
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.38.98.93
ReturnHeader/FilingSecurityInformation/IPDt02019-04-30
ReturnHeader/FilingSecurityInformation/IPTm009:15:23
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0821455657
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FESTER & CHAPMAN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09019 E BAHIA DR STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SCOTTSDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085260
ReturnHeader/PreparerPersonGrp/PhoneNum06022643077
ReturnHeader/PreparerPersonGrp/PreparationDt02019-04-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RACHEL R LOCKE CPA
ReturnHeader/ReturnTs02019-05-01T10:57:33-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30

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