Civic Intelligence

Exalt Education Inc.

990 • Fiscal year 2019 • EIN 45-2973628

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 04, 2020

Organization ProfileWWW.EXALTEDUCATION.ORG
1818 N Taylor St Ste 353Little Rock, AR 72209

(501) 683-1855

Siviq Scores

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

Liabilities / Assets

96th percentile

1.44x

Higher debt load relative to assets than 96% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

93rd percentile

1.51x

Higher debt load relative to revenue than 93% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

21st percentile

-10%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

88th percentile

$103,959

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 14.3% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

85th percentile

34%

Faster asset growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

13th percentile

-24%

Faster revenue growth than 13% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$759,508

Up $193,985 (+34%) from 2018

Net Assets

Down

-$336,833

Down $72,761 (-28%) from 2018

Liabilities

Up

$1,096,341

Up $266,746 (+32%) from 2018

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin21st percentile

Revenue

Down

$727,368

Down $229,917 (-24%) from 2018

Expenses

Down

$800,129

Down $262,607 (-25%) from 2018

Net Income

Up

-$72,761

Up $32,690 (+31%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$2.0M$1.0M$0-$1.0MAssets 2013: $1,365,846Liabilities 2013: $948,257Net Assets 2013: $417,5892013Assets 2014: $788,930Liabilities 2014: $918,453Net Assets 2014: -$129,5232014Assets 2015: $1,026,449Liabilities 2015: $939,501Net Assets 2015: $86,9482015Assets 2016: $679,099Liabilities 2016: $1,489,999Net Assets 2016: -$810,9002016Assets 2017: $756,837Liabilities 2017: $915,458Net Assets 2017: -$158,6212017Assets 2018: $565,523Liabilities 2018: $829,595Net Assets 2018: -$264,0722018Assets 2019: $759,508Liabilities 2019: $1,096,341Net Assets 2019: -$336,8332019Assets 2020: $535,522Liabilities 2020: $646,949Net Assets 2020: -$111,4272020Assets 2021: $728,923Liabilities 2021: $485,613Net Assets 2021: $243,3102021Assets 2022: $643,228Liabilities 2022: $78,488Net Assets 2022: $564,7402022Assets 2023: $945,851Liabilities 2023: $95,962Net Assets 2023: $849,8892023Assets 2025: $1,152,164Liabilities 2025: $198,708Net Assets 2025: $953,4562025

Highlighted filing

2019

Assets$759,508
Liabilities$1,096,341
Net Assets-$336,833
Open 2019 Filing

Operations Trend

Revenue Growth13th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2013: $519,872Expenses 2013: $1,315,336Net Income 2013: -$795,4642013Revenue 2014: $998,880Expenses 2014: $1,545,992Net Income 2014: -$547,1122014Revenue 2015: $1,340,783Expenses 2015: $1,140,426Net Income 2015: $200,3572015Revenue 2016: $983,116Expenses 2016: $1,880,964Net Income 2016: -$897,8482016Revenue 2017: $1,127,447Expenses 2017: $1,133,823Net Income 2017: -$6,3762017Revenue 2018: $957,285Expenses 2018: $1,062,736Net Income 2018: -$105,4512018Revenue 2019: $727,368Expenses 2019: $800,129Net Income 2019: -$72,7612019Revenue 2020: $863,471Expenses 2020: $638,065Net Income 2020: $225,4062020Revenue 2021: $874,087Expenses 2021: $656,657Net Income 2021: $217,4302021Revenue 2022: $968,527Expenses 2022: $647,097Net Income 2022: $321,4302022Revenue 2023: $1,038,000Expenses 2023: $871,580Net Income 2023: $166,4202023Revenue 2025: $1,258,337Expenses 2025: $1,058,810Net Income 2025: $199,5272025

Highlighted filing

2019

Revenue$727,368
Expenses$800,129
Net Income-$72,761
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 4, 2020
Return Version
2018v3.2
Gross Receipts
$727,368
Mission and Program Overview

Mission

Exalt's mission is to prepare students from underserved communities for competitive colleges and universities.

Advance careers by managing public charter schools that accelerate their academic learning and holistic development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$221,544$168,531▼ $53,013
Accounts Receivable$106,249$163,169▲ $56,920
Other Notes and Loans Receivable, Net$160,822--
Prepaid Expenses and Deferred Charges$43,894--
Total Assets$565,523$759,508▲ $193,985
Other Assets Total$33,014$427,808▲ $394,794
Liabilities
Mortgage Notes Payable Secured by Investment Property$900,000$750,000▼ $150,000
Accounts Payable and Accrued Expenses$-70,405$346,341▲ $416,746
Total Liabilities$829,595$1,096,341▲ $266,746
Net Assets / Fund Balance
Temporarily Rstr Net Assets$8,000$8,000→ $0
Unrestricted Net Assets$-272,072$-344,833▼ $72,761
Total Net Assets Fund Balance$-264,072$-336,833▼ $72,761
Total Liabilities and Net Assets / Fund Balance$565,523$759,508▲ $193,985

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$50,000--
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dennis TiedeCOOPT$103,959$103,959
Christina LongCAOFT$98,584$98,584
Christian YarberryExecutive DiFT$58,716$58,716

Board Members and Trustees

NameTitle
Bonnie JohnsonBoard Chair
Benjamin LindquistVice Chair
Jeff LauxSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$714,300
Investment Income
$13,068
Other Revenue
$0
Change in Net Assets
$-72,761
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$602,013
Other Expenses$198,116
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$162,675$98,584-$261,259
Other Salaries and Wages$240,085--$240,085
Other Employee Benefits$80,682--$80,682
Fees for Services Other$65,500--$65,500
Fees for Services Legal$26,225--$26,225
Travel-$25,390-$25,390
Fees for Services Accounting-$25,000-$25,000
Office Expenses-$21,559-$21,559
Payroll Taxes$12,445$7,542-$19,987
Insurance-$7,466-$7,466
All Other Expenses-$5,194-$5,194
Occupancy-$1,173-$1,173
Other Expenses$9,383$1,018-$1,018
Advertising-$690-$690
Total Functional Expenses$596,995$203,134$0$800,129
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
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 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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Form 990 is placed out on the website for board members to review.”

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

“All board members are required annually to complete a disclosure form to disclose any interest they may have that might be a conflict.”

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

“A market analysis was done of the key positions and a salary was offered to these employees based upon market data and the employees experience level.”

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

“A market analysis was done of the key positions and a salary was offered to these employees based upon market data and the employees experience level.”

Form 990, Page 6, Part VI, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Exalt Education Inc
EIN
45-2973628
Phone
5016831855
Address
1818 N TAYLOR ST STE 353, LITTLE ROCK, AR 72209

Signing Officer

Name
Dennis Tiede
Title
COO
Phone
5016831855
Signed
2020-12-04

Organization Details

Principal Officer
Dennis Tiede
Formed
2011
Legal Domicile
Ar
Voting Board Members
3
Independent Board Members
3
Employees
13
Volunteers
3

Preparer

Firm
Hudson Cisne & Co Llp
Address
11025 ANDERSON DR STE 300, LITTLE ROCK, AR 72212-2472
Preparer
Rami Kassissieh
Phone
5012211000
Supplemental Narrative

Additional Explanations

Form 990, Part XII

“Question 2b: this is answered "yes", however at the time of filing the return, the audit was not yet completed or issued.”

Raw XML AppendixShowing 400 of 430 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0-70405
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0346341
IRS990/AccountsReceivableGrp/BOYAmt0106249
IRS990/AccountsReceivableGrp/EOYAmt0163169
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ADVANCE CAREERS BY MANAGING PUBLIC CHARTER SCHOOLS THAT ACCELERATE THEIR ACADEMIC LEARNING AND HOLISTIC DEVELOPMENT.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0690
IRS990/AdvertisingGrp/TotalAmt0690
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt05194
IRS990/AllOtherExpensesGrp/TotalAmt05194
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DENNIS TIEDE
IRS990/BooksInCareOfDetail/PhoneNum05016830085
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01818 N TAYLOR ST STE 353
IRS990/BooksInCareOfDetail/USAddress/CityNm0LITTLE ROCK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd072207
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0221544
IRS990/CashNonInterestBearingGrp/EOYAmt0168531
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt098584
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0162675
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0261259
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt013068
IRS990/CYOtherExpensesAmt0198116
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0714300
IRS990/CYRevenuesLessExpensesAmt0-72761
IRS990/CYSalariesCompEmpBnftPaidAmt0602013
IRS990/CYTotalExpensesAmt0800129
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0727368
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0EXALT EDUCATION HELPS TO IMPROVE THE SCHOOL'S ACADEMIC PERFORMANCE AND FISCAL POSITION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0596995
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt025000
IRS990/FeesForServicesAccountingGrp/TotalAmt025000
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt026225
IRS990/FeesForServicesLegalGrp/TotalAmt026225
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt065500
IRS990/FeesForServicesOtherGrp/TotalAmt065500
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt330.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0BONNIE JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm1JEFF LAUX
IRS990/Form990PartVIISectionAGrp/PersonNm2BENJAMIN LINDQUIST
IRS990/Form990PartVIISectionAGrp/PersonNm3DENNIS TIEDE
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRISTINA LONG
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRISTIAN YARBERRY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3103959
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt498584
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt558716
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3COO
IRS990/Form990PartVIISectionAGrp/TitleTxt4CAO
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0727368
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07466
IRS990/InsuranceGrp/TotalAmt07466
IRS990/InvestmentIncomeGrp/ExclusionAmt013068
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013068
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0AR
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EXALT'S MISSION IS TO PREPARE STUDENTS FROM UNDERSERVED COMMUNITIES FOR COMPETITIVE COLLEGES AND UNIVERSITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0900000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0750000
IRS990/NetAssetsOrFundBalancesBOYAmt0-264072
IRS990/NetAssetsOrFundBalancesEOYAmt0-336833
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01173
IRS990/OccupancyGrp/TotalAmt01173
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021559
IRS990/OfficeExpensesGrp/TotalAmt021559
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt033014
IRS990/OtherAssetsTotalGrp/EOYAmt0427808
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt080682
IRS990/OtherEmployeeBenefitsGrp/TotalAmt080682
IRS990/OtherExpensesGrp/Desc0GOVERNANCE
IRS990/OtherExpensesGrp/Desc1STAFF TRAINING
IRS990/OtherExpensesGrp/Desc2RECRUITMENT/TRAINING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09518
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11018
IRS990/OtherExpensesGrp/ProgramServicesAmt09383
IRS990/OtherExpensesGrp/TotalAmt09518
IRS990/OtherExpensesGrp/TotalAmt19383
IRS990/OtherExpensesGrp/TotalAmt21018
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0240085
IRS990/OtherSalariesAndWagesGrp/TotalAmt0240085
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0160822
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07542
IRS990/PayrollTaxesGrp/ProgramServicesAmt012445
IRS990/PayrollTaxesGrp/TotalAmt019987
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt043894
IRS990/PrincipalOfficerNm0DENNIS TIEDE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0714300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0714300
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02000
IRS990/PYInvestmentIncomeAmt012442
IRS990/PYOtherExpensesAmt0261918
IRS990/PYProgramServiceRevenueAmt0944843
IRS990/PYRevenuesLessExpensesAmt0-105451
IRS990/PYSalariesCompEmpBnftPaidAmt0798818
IRS990/PYTotalExpensesAmt01062736
IRS990/PYTotalRevenueAmt0957285
IRS990/ReconcilationRevenueExpnssAmt0-72761
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0714300
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt037,725
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt085000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0655001
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0740001
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt013068
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt012442
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt021879
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt027196
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt040285
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0114870
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0714300
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0944843
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01105568
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0741495
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0644452
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04150658
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt013068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt012442
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt021879
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt027196
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt040285
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0114870
IRS990ScheduleA/InvestmentIncomeCYPct00.02000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt036680
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01045
IRS990ScheduleA/OtherIncome509Grp/TotalAmt037725
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.85520
IRS990ScheduleA/PublicSupportPY509Pct00.98700
IRS990ScheduleA/PublicSupportTotal509Amt04312971
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt041096
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0536592
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0577688
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt041096
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0536592
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0577688
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0714300
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0944843
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01105568
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0826495
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01299453
IRS990ScheduleA/Total509Grp/TotalAmt04890659
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0727368
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0957285
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01127447
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0890371
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01340783
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05043254
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0377808
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt150000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RELATED PARTY RECEIVABLES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0427808
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PLACED OUT ON THE WEBSITE FOR BOARD MEMBERS TO REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS ARE REQUIRED ANNUALLY TO COMPLETE A DISCLOSURE FORM TO DISCLOSE ANY INTEREST THEY MAY HAVE THAT MIGHT BE A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A MARKET ANALYSIS WAS DONE OF THE KEY POSITIONS AND A SALARY WAS OFFERED TO THESE EMPLOYEES BASED UPON MARKET DATA AND THE EMPLOYEES EXPERIENCE LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A MARKET ANALYSIS WAS DONE OF THE KEY POSITIONS AND A SALARY WAS OFFERED TO THESE EMPLOYEES BASED UPON MARKET DATA AND THE EMPLOYEES EXPERIENCE LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5QUESTION 2B: THIS IS ANSWERED "YES", HOWEVER AT THE TIME OF FILING THE RETURN, THE AUDIT WAS NOT YET COMPLETED OR ISSUED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ARKANSAS CHARTER PARTNERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1PORTLAND CHARTER PARTNERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0475193947
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1475181333
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORT OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt012A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt112A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01818 N TAYLOR ST STE 353
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11818 N TAYLOR ST STE 353
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LITTLE ROCK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1LITTLE ROCK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1AR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd072207
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd172207
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0298812
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt195982
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ARKANSAS CHARTER PARTNERS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1PORTLAND CHARTER PARTNERS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1D
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt08000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt08000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0565523
IRS990/TotalAssetsEOYAmt0759508
IRS990/TotalAssetsGrp/BOYAmt0565523
IRS990/TotalAssetsGrp/EOYAmt0759508
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0203134
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0596995
IRS990/TotalFunctionalExpensesGrp/TotalAmt0800129
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0829595
IRS990/TotalLiabilitiesEOYAmt01096341
IRS990/TotalLiabilitiesGrp/BOYAmt0829595
IRS990/TotalLiabilitiesGrp/EOYAmt01096341
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-264072
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-336833
IRS990/TotalProgramServiceExpensesAmt0596995
IRS990/TotalProgramServiceRevenueAmt0714300
IRS990/TotalReportableCompFromOrgAmt0261259
IRS990/TotalRevenueGrp/ExclusionAmt013068
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0714300
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0727368
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0565523
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0759508
IRS990/TravelGrp/ManagementAndGeneralAmt025390
IRS990/TravelGrp/TotalAmt025390
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-272072
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-344833
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.EXALTEDUCATION.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DENNIS TIEDE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COO
ReturnHeader/BusinessOfficerGrp/PhoneNum05016831855

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$759,508
Liabilities
$1,096,341
Net assets
-$336,833
Revenue
$727,368
Expenses
$800,129
Net income
-$72,761
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.15$0.20$0.95$1.26$1.06$0.20
2023Summary only. Only limited summary data is available for this year.$0.95$0.10$0.85$1.04$0.87$0.17
2022Summary only. Only limited summary data is available for this year.$0.64$0.08$0.56$0.97$0.65$0.32
2021Summary only. Only limited summary data is available for this year.$0.73$0.49$0.24$0.87$0.66$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.54$0.65$0.11$0.86$0.64$0.23
2019Detailed filing. Detailed filing data is available for this year.$0.76$1.10$0.34$0.73$0.80$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.57$0.83$0.26$0.96$1.06$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.76$0.92$0.16$1.13$1.13$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.68$1.49$0.81$0.98$1.88$0.90
2015Detailed filing. Detailed filing data is available for this year.$1.03$0.94$0.09$1.34$1.14$0.20
2014Detailed filing. Detailed filing data is available for this year.$0.79$0.92$0.13$1.00$1.55$0.55
2013Summary only. Only limited summary data is available for this year.$1.37$0.95$0.42$0.52$1.32$0.80