Civic Intelligence

Aristotle Preparatory Academy Challenge Foundation Academy

990 • Fiscal year 2018 • EIN 45-4561665

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 31, 2019

Organization Profilewww.aristotle.teamcfa.school

View Organization Page

8101 Fallsdale DriveCharlotte, NC 28214

(980) 237-0371

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.03x

Higher debt load relative to assets than 32% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

23rd percentile

0.01x

Higher debt load relative to revenue than 23% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Net Margin

61st percentile

8.4%

Higher net margin than 61% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

56th percentile

$78,125

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Asset Growth

87th percentile

44%

Faster asset growth than 87% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

20th percentile

-7.9%

Faster revenue growth than 20% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$345,931

Up $105,463 (+44%) from 2017

Net Assets

Up

$336,355

Up $113,224 (+51%) from 2017

Liabilities

Down

$9,576

Down $7,761 (-45%) from 2017

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin61st percentile

Revenue

Down

$1,341,846

Down $115,450 (-7.9%) from 2017

Expenses

Down

$1,228,622

Down $150,094 (-11%) from 2017

Net Income

Up

$113,224

Up $34,644 (+44%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2014: $130,463Liabilities 2014: $61,662Net Assets 2014: $68,8012014Assets 2015: $140,227Liabilities 2015: $71,781Net Assets 2015: $68,4462015Assets 2016: $349,920Liabilities 2016: $205,369Net Assets 2016: $144,5512016Assets 2017: $240,468Liabilities 2017: $17,337Net Assets 2017: $223,1312017Assets 2018: $345,931Liabilities 2018: $9,576Net Assets 2018: $336,3552018Assets 2019: $174,059Liabilities 2019: $8,041Net Assets 2019: $166,0182019Assets 2020: $383,670Liabilities 2020: $158,512Net Assets 2020: $225,1582020Assets 2021: $599,717Liabilities 2021: $27,259Net Assets 2021: $572,4582021Assets 2022: $673,459Liabilities 2022: $100,888Net Assets 2022: $572,5712022Assets 2023: $15,318,309Liabilities 2023: $14,336,495Net Assets 2023: $981,8142023Assets 2024: $14,025,961Liabilities 2024: $14,655,608Net Assets 2024: -$629,6472024Assets 2025: $13,937,500Liabilities 2025: $15,451,298Net Assets 2025: -$1,513,7982025

Highlighted filing

2018

Assets$345,931
Liabilities$9,576
Net Assets$336,355
Open 2018 Filing

Operations Trend

Revenue Growth20th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $1,021,145Expenses 2014: $953,988Net Income 2014: $67,1572014Revenue 2015: $1,325,275Expenses 2015: $1,325,630Net Income 2015: -$3552015Revenue 2016: $1,614,302Expenses 2016: $1,538,197Net Income 2016: $76,1052016Revenue 2017: $1,457,296Expenses 2017: $1,378,716Net Income 2017: $78,5802017Revenue 2018: $1,341,846Expenses 2018: $1,228,622Net Income 2018: $113,2242018Revenue 2019: $1,237,753Expenses 2019: $1,408,090Net Income 2019: -$170,3372019Revenue 2020: $1,520,195Expenses 2020: $1,461,055Net Income 2020: $59,1402020Revenue 2021: $2,189,461Expenses 2021: $1,842,161Net Income 2021: $347,3002021Revenue 2022: $2,571,346Expenses 2022: $2,571,233Net Income 2022: $1132022Revenue 2023: $2,995,291Expenses 2023: $2,586,048Net Income 2023: $409,2432023Revenue 2024: $1,974,483Expenses 2024: $3,585,944Net Income 2024: -$1,611,4612024Revenue 2025: $3,575,105Expenses 2025: $4,459,256Net Income 2025: -$884,1512025

Highlighted filing

2018

Revenue$1,341,846
Expenses$1,228,622
Net Income$113,224
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 31, 2019
Return Version
2017v2.2
Gross Receipts
$1,341,846
Mission and Program Overview

Mission

Operation of a public charter school.

The operation of a public charter school for the education of children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$111,617$306,081▲ $194,464
Land, Buildings, and Equipment, Net$14,602$20,269▲ $5,667
Accounts Receivable$76,179$13,585▼ $62,594
Prepaid Expenses and Deferred Charges$38,070$5,996▼ $32,074
Total Assets$240,468$345,931▲ $105,463
Liabilities
Accounts Payable and Accrued Expenses$9,918$9,576▼ $342
Other Liabilities$7,419--
Total Liabilities$17,337$9,576▼ $7,761
Net Assets / Fund Balance
Unrestricted Net Assets$208,529$316,086▲ $107,557
Temporarily Rstr Net Assets$14,602$20,269▲ $5,667
Total Net Assets Fund Balance$223,131$336,355▲ $113,224
Total Liabilities and Net Assets / Fund Balance$240,468$345,931▲ $105,463

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$20,269$46,946$67,215
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Charlie FrenchExecutive DirectorFT$78,125$78,125

Board Members and Trustees

NameTitle
Chauntell IngallsChair
Jason ColeDirector
Jay FergusonDirector
Persephone EnglishDirector
Siobhan PapaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,232,536
Program Service Revenue
$79,558
Investment Income
$0
Other Revenue
$29,752
All Other Contributions
$17,133
Change in Net Assets
$113,224

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,341,846
Total Revenue per Audited Statements
$1,341,846
Total Revenue per Form 990
$1,341,846
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$693,326
Other Expenses$535,296
Total Fundraising Expense$6,773
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$442,567$71,088$0$513,655
Occupancy$0$136,158$0$136,158
All Other Expenses$41,662$70,233$6,773$118,668
Current Officers, Directors, Trustees, and Key Employees$78,125$0$0$78,125
Payroll Taxes$46,150$6,250$0$52,400
Other Employee Benefits$41,804$5,705$0$47,509
Office Expenses$19,358$3,783$0$23,141
Insurance$0$15,141$0$15,141
Fees for Services Legal$0$11,111$0$11,111
Fees for Services Accounting$0$7,000$0$7,000
Conferences and Meetings$6,914$0$0$6,914
Advertising$0$5,959$0$5,959
Depreciation Depletion$0$4,794$0$4,794
Information Technology$3,301$0$0$3,301
Travel$1,822$0$0$1,822
Pension Plan Contributions$1,358$279$0$1,637
Other Expenses$1,510$0$0$1,510
Total Functional Expenses$719,605$502,244$6,773$1,228,622

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,228,622
Total Expenses per Audited Statements$1,228,622
Total Expenses per Form 990$1,228,622
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
Unearned revenues-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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
Filing and Contact Details

Filer

Filer Name
Aristotle Preparatory Academy
EIN
45-4561665
Phone
9802370371
Address
8101 Fallsdale Drive, Charlotte, NC 28214

Signing Officer

Name
Chauntel Ingalls
Title
Chair
Phone
9802370371
Signed
2019-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chauntel Ingalls
Formed
2012
Legal Domicile
Nc
Voting Board Members
17
Independent Board Members
50
Employees
50
Volunteers
10

Preparer

Firm
Darrell L Keller CPA PA
Address
PO Box 1028, Kings Mountain, NC 28086
Preparer
Darrell L Keller
Phone
7047390771
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The board refviews prior to filing.”

Pt VI, Line 12C

“Conflict of Interest statements are signed annually.”

Pt VI, Line 15A

“Compared to other charter schools”

Pt VI, Line 15B

“Compared to other charter schools”

Form 990, Part IX, Line 24E

“Supplies and Books 45242. 30243. 8226. 6773.”

Form 990, Part IX, Line 24E

“Repairs and Maintenance 60001. 0. 60001. 0.”

Form 990, Part IX, Line 24E

“Non-Capital FF&E 3780. 1774. 2006. 0.”

Form 990, Part IX, Line 24E

“Other 9645. 9645. 0. 0.”

Raw XML AppendixShowing 400 of 422 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09918
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt09576
IRS990/AccountsReceivableGrp/BOYAmt076179
IRS990/AccountsReceivableGrp/EOYAmt013585
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE OPERATION OF A PUBLIC CHARTER SCHOOL FOR THE EDUCATION OF CHILDREN.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt05959
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt05959
IRS990/AllOtherContributionsAmt017133
IRS990/AllOtherExpensesGrp/FundraisingAmt06773
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt070233
IRS990/AllOtherExpensesGrp/ProgramServicesAmt041662
IRS990/AllOtherExpensesGrp/TotalAmt0118668
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0SIOBHAN PAPA
IRS990/BooksInCareOfDetail/PhoneNum09802370371
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08101 Fallsdale Dr
IRS990/BooksInCareOfDetail/USAddress/CityNm0Charlotte
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028214
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0111617
IRS990/CashNonInterestBearingGrp/EOYAmt0306081
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt078125
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt078125
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt06914
IRS990/ConferencesMeetingsGrp/TotalAmt06914
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01232536
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0535296
IRS990/CYOtherRevenueAmt029752
IRS990/CYProgramServiceRevenueAmt079558
IRS990/CYRevenuesLessExpensesAmt0113224
IRS990/CYSalariesCompEmpBnftPaidAmt0693326
IRS990/CYTotalExpensesAmt01228622
IRS990/CYTotalFundraisingExpenseAmt06773
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01341846
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04794
IRS990/DepreciationDepletionGrp/ProgramServicesAmt00
IRS990/DepreciationDepletionGrp/TotalAmt04794
IRS990/Desc0TO PROVIDE A QUALITY EDUCATION FOR STUDENTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt050
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0719605
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07000
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt07000
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt011111
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt011111
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0SIOBHAN PAPA
IRS990/Form990PartVIISectionAGrp/PersonNm1PERSEPHONE ENGLISH
IRS990/Form990PartVIISectionAGrp/PersonNm2JAY FERGUSON
IRS990/Form990PartVIISectionAGrp/PersonNm3CHAUNTELL INGALLS
IRS990/Form990PartVIISectionAGrp/PersonNm4JASON COLE
IRS990/Form990PartVIISectionAGrp/PersonNm5CHARLIE FRENCH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt578125
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Executive Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GovernmentGrantsAmt01215403
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01341846
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt050
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt03301
IRS990/InformationTechnologyGrp/TotalAmt03301
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt015141
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt015141
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt046946
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014602
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020269
IRS990/LandBldgEquipCostOrOtherBssAmt067215
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The operation of a public charter
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0223131
IRS990/NetAssetsOrFundBalancesEOYAmt0336355
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0136158
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt0136158
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03783
IRS990/OfficeExpensesGrp/ProgramServicesAmt019358
IRS990/OfficeExpensesGrp/TotalAmt023141
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05705
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt041804
IRS990/OtherEmployeeBenefitsGrp/TotalAmt047509
IRS990/OtherExpensesGrp/Desc0Food Service
IRS990/OtherExpensesGrp/Desc1Contracted Services
IRS990/OtherExpensesGrp/Desc2Pupil Transportation
IRS990/OtherExpensesGrp/Desc3Field Trips
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1143178
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt221565
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0138
IRS990/OtherExpensesGrp/ProgramServicesAmt134896
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt31510
IRS990/OtherExpensesGrp/TotalAmt0138
IRS990/OtherExpensesGrp/TotalAmt1178074
IRS990/OtherExpensesGrp/TotalAmt221565
IRS990/OtherExpensesGrp/TotalAmt31510
IRS990/OtherLiabilitiesGrp/BOYAmt07419
IRS990/OtherRevenueMiscGrp/BusinessCd0999999
IRS990/OtherRevenueMiscGrp/BusinessCd1999999
IRS990/OtherRevenueMiscGrp/Desc0Student Activities
IRS990/OtherRevenueMiscGrp/Desc1Other
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011774
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt117978
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011774
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt117978
IRS990/OtherRevenueTotalAmt029752
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt071088
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0442567
IRS990/OtherSalariesAndWagesGrp/TotalAmt0513655
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06250
IRS990/PayrollTaxesGrp/ProgramServicesAmt046150
IRS990/PayrollTaxesGrp/TotalAmt052400
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0279
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01358
IRS990/PensionPlanContributionsGrp/TotalAmt01637
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038070
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05996
IRS990/PrincipalOfficerNm0CHAUNTEL INGALLS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0999999
IRS990/ProgramServiceRevenueGrp/Desc0Food Sales
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt079558
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01443838
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0475054
IRS990/PYOtherRevenueAmt08485
IRS990/PYProgramServiceRevenueAmt04973
IRS990/PYRevenuesLessExpensesAmt078580
IRS990/PYSalariesCompEmpBnftPaidAmt0903662
IRS990/PYTotalExpensesAmt01378716
IRS990/PYTotalRevenueAmt01457296
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0113224
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01341846
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt020269
IRS990ScheduleD/EquipmentGrp/DepreciationAmt046946
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt067215
IRS990ScheduleD/ExpensesSubtotalAmt01228622
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Unearned revenues
IRS990ScheduleD/RevenueSubtotalAmt01341846
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020269
IRS990ScheduleD/TotalExpensesPerForm990Amt01228622
IRS990ScheduleD/TotalRevenuePerForm990Amt01341846
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01341846
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01228622
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
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/ExplanationTxt0POLICY IS INCLUDED IN STATEMENT OF PURPOSE. SEE EXPLANATION ON PAGE ONE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1FEDERAL GRANTS ARE AWARDED ANNUALLY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board refviews prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conflict of Interest statements are signed annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compared to other charter schools
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compared to other charter schools
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supplies and Books 45242. 30243. 8226. 6773.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Repairs and Maintenance 60001. 0. 60001. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Non-Capital FF&E 3780. 1774. 2006. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Other 9645. 9645. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt014602
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt020269
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0240468
IRS990/TotalAssetsEOYAmt0345931
IRS990/TotalAssetsGrp/BOYAmt0240468
IRS990/TotalAssetsGrp/EOYAmt0345931
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01232536
IRS990/TotalEmployeeCnt050
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06773
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0502244
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0719605
IRS990/TotalFunctionalExpensesGrp/TotalAmt01228622
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017337
IRS990/TotalLiabilitiesEOYAmt09576
IRS990/TotalLiabilitiesGrp/BOYAmt017337
IRS990/TotalLiabilitiesGrp/EOYAmt09576
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0223131
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0336355
IRS990/TotalProgramServiceExpensesAmt0719605
IRS990/TotalProgramServiceRevenueAmt079558
IRS990/TotalReportableCompFromOrgAmt078125
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0109310
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01341846
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0240468
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0345931
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt01822
IRS990/TravelGrp/TotalAmt01822
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0208529
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0316086
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08101 Fallsdale Dr
IRS990/USAddress/CityNm0Charlotte
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028214
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt050
IRS990/WebsiteAddressTxt0www.aristotle.teamcfa.school
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHAUNTEL INGALLS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum09802370371
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Aristotle Preparatory Academy
ReturnHeader/Filer/BusinessNameControlTxt0ARIS
ReturnHeader/Filer/EIN0454561665
ReturnHeader/Filer/PhoneNum09802370371
ReturnHeader/Filer/USAddress/AddressLine1Txt08101 Fallsdale Drive
ReturnHeader/Filer/USAddress/CityNm0Charlotte

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$345,931
Liabilities
$9,576
Net assets
$336,355
Revenue
$1,341,846
Expenses
$1,228,622
Net income
$113,224
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$13.9$15.5$1.51$3.58$4.46$0.88
2024Detailed filing. Detailed filing data is available for this year.$14.0$14.7$0.63$1.97$3.59$1.61
2023Detailed filing. Detailed filing data is available for this year.$15.3$14.3$0.98$3.00$2.59$0.41
2022Detailed filing. Detailed filing data is available for this year.$0.67$0.10$0.57$2.57$2.57$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.60$0.03$0.57$2.19$1.84$0.35
2020Detailed filing. Detailed filing data is available for this year.$0.38$0.16$0.23$1.52$1.46$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.17$0.01$0.17$1.24$1.41$0.17
2018Detailed filing. Detailed filing data is available for this year.$0.35$0.01$0.34$1.34$1.23$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.24$0.02$0.22$1.46$1.38$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.35$0.21$0.14$1.61$1.54$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.14$0.07$0.07$1.33$1.33$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.06$0.07$1.02$0.95$0.07