Civic Intelligence

E a Young Academy

990 • Fiscal year 2023 • EIN 45-3930852

Aug 01, 2022 to Jul 31, 2023 • Filed on Jun 14, 2024

608 Henrietta Creek RdRoanoke, TX 76262

(682) 831-1776

Siviq Scores

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

Liabilities / Assets

80th percentile

0.40x

Higher debt load relative to assets than 80% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

64th percentile

0.19x

Higher debt load relative to revenue than 64% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

63rd percentile

11%

Higher net margin than 63% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

72nd percentile

$110,800

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

5th percentile

-25%

Faster asset growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

76th percentile

33%

Faster revenue growth than 76% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$962,970

Flat from 2023

Net Assets

Flat

$576,533

Flat from 2023

Liabilities

Flat

$386,437

Flat from 2023

Revenue

Flat

$1,996,302

Flat from 2023

Expenses

Flat

$1,777,205

Flat from 2023

Net Income

Flat

$219,097

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2012: $19,689Liabilities 2012: $154,9222012Assets 2013: $100,610Liabilities 2013: $286,621Net Assets 2013: -$186,0112013Assets 2014: $158,160Liabilities 2014: $317,982Net Assets 2014: -$159,8222014Assets 2016: $368,796Liabilities 2016: $569,803Net Assets 2016: -$201,0072016Assets 2017: $391,583Liabilities 2017: $792,403Net Assets 2017: -$400,8202017Assets 2018: $390,859Liabilities 2018: $649,262Net Assets 2018: -$258,4032018Assets 2019: $536,239Liabilities 2019: $501,829Net Assets 2019: $34,4102019Assets 2020: $681,965Liabilities 2020: $607,571Net Assets 2020: $74,3942020Assets 2021: $867,909Liabilities 2021: $653,143Net Assets 2021: $214,7662021Assets 2022: $1,285,126Liabilities 2022: $926,865Net Assets 2022: $358,2612022Assets 2023: $962,970Liabilities 2023: $386,437Net Assets 2023: $576,5332023Assets 2023: $962,970Liabilities 2023: $386,437Net Assets 2023: $576,5332023Assets 2024: $1,160,947Liabilities 2024: $445,932Net Assets 2024: $715,0152024

Highlighted filing

2023

Assets$962,970
Liabilities$386,437
Net Assets$576,533

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2012: $88,004Expenses 2012: $223,237Net Income 2012: -$135,2332012Revenue 2013: $366,049Expenses 2013: $416,827Net Income 2013: -$50,7782013Revenue 2014: $684,169Expenses 2014: $657,980Net Income 2014: $26,1892014Revenue 2016: $960,485Expenses 2016: $1,021,832Net Income 2016: -$61,3472016Revenue 2017: $787,632Expenses 2017: $1,455,507Net Income 2017: -$667,8752017Revenue 2018: $1,204,904Expenses 2018: $1,185,412Net Income 2018: $19,4922018Revenue 2019: $1,493,541Expenses 2019: $1,200,728Net Income 2019: $292,8132019Revenue 2020: $1,280,027Expenses 2020: $1,240,043Net Income 2020: $39,9842020Revenue 2021: $1,316,199Expenses 2021: $1,176,196Net Income 2021: $140,0032021Revenue 2022: $1,505,683Expenses 2022: $1,362,192Net Income 2022: $143,4912022Revenue 2023: $1,996,302Expenses 2023: $1,777,205Net Income 2023: $219,0972023Revenue 2023: $1,996,302Expenses 2023: $1,777,205Net Income 2023: $219,0972023Revenue 2024: $1,975,398Expenses 2024: $1,836,916Net Income 2024: $138,4822024

Highlighted filing

2023

Revenue$1,996,302
Expenses$1,777,205
Net Income$219,097
Jump To
Filing Snapshot
Filing Period
Aug 1, 2022 to Jul 31, 2023
Signed
Jun 14, 2024
Return Version
2022v5.0
Gross Receipts
$1,996,302
Mission and Program Overview

Mission

E.a. Young academy will operate a complete private school to advance the education of gifted, talented and high-ability scholars. E.a. Young academy accomodates high caliber students of all grade levels k-12.

E A Young Academy is a not-for-profit, private academy developing innovative, problem solving, compassionate stewards of our global community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$574,236▲ $574,236
Savings and Temporary Cash Investments$1,019,601$278,456▼ $741,145
Cash and Non-Interest-Bearing Accounts$124,087$61,243▼ $62,844
Accounts Receivable$45,499$0▼ $45,499
Total Assets$1,285,126$962,970▼ $322,156
Other Assets Total$95,939$49,035▼ $46,904
Liabilities
Other Liabilities$926,865$386,437▼ $540,428
Total Liabilities$926,865$386,437▼ $540,428
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$358,261$576,533▲ $218,272
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$358,261$576,533▲ $218,272
Total Liabilities and Net Assets / Fund Balance$1,285,126$962,970▼ $322,156

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$9,380$14,216$0
Leasehold Improvements$564,856$16,139$0
Other Assets Org$49,035--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathy LydaHead of SchoolFT$110,800-$110,800
Aimee AnglinAssistant Head of SchoolFT$77,313$18,900$96,213
Gayle BrownDirectorFT$53,003-$53,003

Board Members and Trustees

NameTitle
George CabreraDirector
Megan CloudDirector
Rebekah ReederDirector
Vaishali PatelDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$255,117
Program Service Revenue
$1,732,330
Investment Income
$8,855
Other Revenue
$0
All Other Contributions
$255,117
Change in Net Assets
$219,097
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$907,891
Other Expenses$869,314
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$653,758--$653,758
Other Salaries and Wages$615,477--$615,477
Current Officers, Directors, Trustees, and Key Employees$162,432$61,938-$224,370
All Other Expenses$124,761--$124,761
Payroll Taxes$63,026$5,018-$68,044
Information Technology$31,207--$31,207
Fees for Services Legal$19,830--$19,830
Depreciation Depletion$16,139--$16,139
Fees for Services Accounting$6,986--$6,986
Office Expenses$6,885--$6,885
Advertising$5,697--$5,697
Insurance$4,051--$4,051
Total Functional Expenses$1,710,249$66,956$0$1,777,205
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
Prepaid Tuition$370,154
Payroll Liabilities$16,283
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Financial information is reviewed by the Head of School before submitting for 990 preparation. The 990 is reviewed by the Board before filing.

Form 990, Part VI, Section B, Line 12C

According to EA Young Academy's conflict of interest policy, an interested party has a duty to disclose to the Board of Directors any possible conflict of interest. The board is then involved in reviewing the facts and determining if there is a conflict of interest.

Form 990, Part VI, Section B, Line 15

Annually, the Board of Directors shall adopt a resolution establishing an Independent Compensation Committee (see note above). In the same manner described above, the Independent Compensation Committee shall determine and approve compensation for all executive employees. No executive employees shall participate in the Independent Compensation Committee's discussion and formulation of, or vote regarding, salary and benefits.

Form 990, Part VI, Section C, Line 19

Documents can be made available for inspection upon request.

Filing and Contact Details

Filer

Filer Name
Ea Young Academy
EIN
45-3930852
Phone
6828311776
Address
608 Henrietta Creek Rd, Roanoke, TX 76262

Signing Officer

Name
Kathy Lyda
Title
Head of School
Phone
8174274888
Signed
2024-06-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathy Lyda
Formed
2011
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
26
Volunteers
18

Preparer

Firm
Sharon Gorman CPA
Address
3003 Double Creek Dr, Grapevine, TX 76051
Preparer
Sharon Gorman
Phone
8172968561
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0Education: E A Young Academy is a K-12, not-for-profit private academy dedicated to the gifted, talented and high ability scholar. It currently serves 74 scholars, drawing from an approximately 15 mile radius. The student population is a diverse community of learners including african american, asian, hispanic, caucasian and multi-racial families. The primary mechanism used to measure scholar growth is through the administration of the Measures of Academic Progress (MAP) testing. This is a computerized, adaptive test that adjusts the difficulty of the questions to the level of the scholar. The majority of our scholar's results show a high growth rate coupled with a high achievement rate. Further information is available upon request.
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt09380
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014216
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt023596
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0564856
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt016139
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0580995
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt049035
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Security Deposit
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016283
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1370154
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Prepaid Tuition
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0574236
IRS990ScheduleD/TotalBookValueOtherAssetsAmt049035
IRS990ScheduleD/TotalLiabilityAmt0386437
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0E.A. Young Academy does not and shall not discriminate on the basis of race, color, religion (creed), gender, gender expression, age, national origin (ancestry), disability, marital status, sexual orientation, or military status in the administration of its education and admission policies, financial aid, and other school sponsored programs. We are committed to providing an inclusive and welcoming environment for all members. of our staff, scholars, volunteers, and community.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1EANS program
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Financial information is reviewed by the Head of School before submitting for 990 preparation. The 990 is reviewed by the Board before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1According to EA Young Academy's conflict of interest policy, an interested party has a duty to disclose to the Board of Directors any possible conflict of interest. The board is then involved in reviewing the facts and determining if there is a conflict of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Annually, the Board of Directors shall adopt a resolution establishing an Independent Compensation Committee (see note above). In the same manner described above, the Independent Compensation Committee shall determine and approve compensation for all executive employees. No executive employees shall participate in the Independent Compensation Committee's discussion and formulation of, or vote regarding, salary and benefits.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents can be made available for inspection upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01285126
IRS990/TotalAssetsEOYAmt0962970
IRS990/TotalAssetsGrp/BOYAmt01285126
IRS990/TotalAssetsGrp/EOYAmt0962970
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0255117
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt066956
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01710249
IRS990/TotalFunctionalExpensesGrp/TotalAmt01777205
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0926865
IRS990/TotalLiabilitiesEOYAmt0386437
IRS990/TotalLiabilitiesGrp/BOYAmt0926865
IRS990/TotalLiabilitiesGrp/EOYAmt0386437
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0358261
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0576533
IRS990/TotalOtherCompensationAmt018900
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt025633
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt025633
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt01710249
IRS990/TotalProgramServiceRevenueAmt01732330
IRS990/TotalReportableCompFromOrgAmt0241116
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01741185
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01996302
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt018
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01285126
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0962970
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0608 Henrietta Creek Rd
IRS990/USAddress/CityNm0Roanoke
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076262
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.eayoungacademy.com
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.45$0.72$1.98$1.84$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.96$0.39$0.58$2.00$1.78$0.22
2023Summary only. Only limited summary data is available for this year.$0.96$0.39$0.58$2.00$1.78$0.22
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.93$0.36$1.51$1.36$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.65$0.21$1.32$1.18$0.14
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.61$0.07$1.28$1.24$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.50$0.03$1.49$1.20$0.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.65$0.26$1.20$1.19$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.79$0.40$0.79$1.46$0.67
2016Summary only. Only limited summary data is available for this year.$0.37$0.57$0.20$0.96$1.02$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.32$0.16$0.68$0.66$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.10$0.29$0.19$0.37$0.42$0.05
2012Summary only. Only limited summary data is available for this year.$0.02$0.15$0.09$0.22$0.14