Civic Intelligence

Arma Dei Academy Inc.

990 • Fiscal year 2018 • EIN 45-5639260

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 16, 2019

341 E Wildcat Reserve ParkwayHighlands Ranch, CO 80126

(303) 346-4523

Siviq Scores

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

Liabilities / Assets

54th percentile

0.19x

Higher debt load relative to assets than 54% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

73rd percentile

0.50x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

91st percentile

53%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

25th percentile

$56,582

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

93rd percentile

48%

Faster asset growth than 93% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-44%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$9,790,801

Up $3,179,435 (+48%) from 2017

Net Assets

Up

$7,884,530

Up $2,015,656 (+34%) from 2017

Liabilities

Up

$1,906,271

Up $1,163,779 (+157%) from 2017

Revenue

Down

$3,776,496

Down $2,946,496 (-44%) from 2017

Expenses

Up

$1,760,840

Up $283,848 (+19%) from 2017

Net Income

Down

$2,015,656

Down $3,230,344 (-62%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2013: $38,446Liabilities 2013: $32,977Net Assets 2013: $5,4692013Assets 2014: $334,531Liabilities 2014: $166,600Net Assets 2014: $167,9312014Assets 2015: $620,244Liabilities 2015: $312,004Net Assets 2015: $308,2402015Assets 2016: $1,164,767Liabilities 2016: $541,893Net Assets 2016: $622,8742016Assets 2017: $6,611,366Liabilities 2017: $742,492Net Assets 2017: $5,868,8742017Assets 2018: $9,790,801Liabilities 2018: $1,906,271Net Assets 2018: $7,884,5302018Assets 2019: $9,558,352Liabilities 2019: $1,107,509Net Assets 2019: $8,450,8432019Assets 2020: $11,263,333Liabilities 2020: $1,163,672Net Assets 2020: $10,099,6612020Assets 2021: $17,512,650Liabilities 2021: $1,600,212Net Assets 2021: $15,912,4382021Assets 2022: $18,954,132Liabilities 2022: $1,910,462Net Assets 2022: $17,043,6702022Assets 2023: $25,383,491Liabilities 2023: $2,230,545Net Assets 2023: $23,152,9462023Assets 2024: $28,080,320Liabilities 2024: $3,339,983Net Assets 2024: $24,740,3372024Assets 2025: $28,097,949Liabilities 2025: $2,932,830Net Assets 2025: $25,165,1192025

Highlighted filing

2018

Assets$9,790,801
Liabilities$1,906,271
Net Assets$7,884,530

Operations Trend

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

$15M$10M$5.0M$0Revenue 2013: $276,948Expenses 2013: $271,479Net Income 2013: $5,4692013Revenue 2014: $776,346Expenses 2014: $613,884Net Income 2014: $162,4622014Revenue 2015: $1,152,389Expenses 2015: $1,012,080Net Income 2015: $140,3092015Revenue 2016: $1,429,406Expenses 2016: $1,114,772Net Income 2016: $314,6342016Revenue 2017: $6,722,992Expenses 2017: $1,476,992Net Income 2017: $5,246,0002017Revenue 2018: $3,776,496Expenses 2018: $1,760,840Net Income 2018: $2,015,6562018Revenue 2019: $3,109,312Expenses 2019: $2,542,999Net Income 2019: $566,3132019Revenue 2020: $4,738,554Expenses 2020: $3,023,036Net Income 2020: $1,715,5182020Revenue 2021: $9,178,674Expenses 2021: $3,365,897Net Income 2021: $5,812,7772021Revenue 2022: $5,610,588Expenses 2022: $4,347,205Net Income 2022: $1,263,3832022Revenue 2023: $11,409,095Expenses 2023: $5,406,076Net Income 2023: $6,003,0192023Revenue 2024: $7,943,346Expenses 2024: $6,326,321Net Income 2024: $1,617,0252024Revenue 2025: $8,142,973Expenses 2025: $7,752,026Net Income 2025: $390,9472025

Highlighted filing

2018

Revenue$3,776,496
Expenses$1,760,840
Net Income$2,015,656
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 16, 2019
Return Version
2017v2.3
Gross Receipts
$3,776,496
Mission and Program Overview

Mission

Providing classical K-8 Christian education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,640,529$7,302,710▲ $4,662,181
Pledges and Grants Receivable$2,801,500$811,343▼ $1,990,157
Cash and Non-Interest-Bearing Accounts$810,942$716,433▼ $94,509
Savings and Temporary Cash Investments$358,395$707,463▲ $349,068
Investments in Publicly Traded Securities-$200,000-
Prepaid Expenses and Deferred Charges-$52,852-
Total Assets$6,611,366$9,790,801▲ $3,179,435
Liabilities
Accounts Payable and Accrued Expenses$122,072$1,194,729▲ $1,072,657
Deferred Revenue$620,420$711,542▲ $91,122
Total Liabilities$742,492$1,906,271▲ $1,163,779
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,861,988$4,835,276▲ $1,973,288
Unrestricted Net Assets$3,006,886$3,049,254▲ $42,368
Total Net Assets Fund Balance$5,868,874$7,884,530▲ $2,015,656
Total Liabilities and Net Assets / Fund Balance$6,611,366$9,790,801▲ $3,179,435

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,724,737$37,094$4,761,831
Land$2,210,000-$2,210,000
Equipment$341,105$93,670$434,775
Leasehold Improvements$26,868$6,031$32,899
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen TaylorHead of SchoolFT$48,271$8,311$56,582

Board Members and Trustees

NameTitle
Gregory R VigilChairman of the Board
Scott MacdonaldVice President
Dean WalkerBoard Member
Kyle KlepackiBoard Member
Matt CallBoard Member
Richard Williams Part YearBoard Member
Robi MarshallBoard Member
Amy HmmettSecretary
Eric WaltersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,158,853
Program Service Revenue
$1,599,051
Investment Income
$13,457
Other Revenue
$5,135
All Other Contributions
$2,158,853
Change in Net Assets
$2,015,656
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,044,959
Other Expenses$443,863
Grants and Similar Amounts Paid$272,018
Total Fundraising Expense$500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$719,169$126,965-$846,134
Grants to Domestic Individuals$272,018--$272,018
Occupancy$138,757$23,782-$162,539
Current Officers, Directors, Trustees, and Key Employees$87,258$15,399-$102,657
Payroll Taxes$60,015$10,591-$70,606
Depreciation Depletion$46,564$2,451-$49,015
Office Expenses$14,043$15,139-$29,182
Pension Plan Contributions$19,121$3,374-$22,495
Information Technology$13,938$6,801-$20,739
Insurance$19,073$1,004-$20,077
Fees for Services Accounting-$16,210-$16,210
Advertising-$14,151$500$14,651
Fees for Services Other$4,982$6,423-$11,405
Fees for Services Legal$1,100$4,402-$5,502
Other Expenses$4,666$5,221-$4,666
Other Employee Benefits$2,607$460-$3,067
Travel$804--$804
Total Functional Expenses$1,507,967$252,373$500$1,760,840
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
Yes
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
No
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

Form 990 is prepared by an independent CPA firm and reviewed in detail by the Chaiman of the board and the bookkeeper for clerical accuracy. The reviewed 990 is then emailed to the remaining members of the board for their critique prior to being filed with the IRS.

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

Arma Dei Academy requires its board of directors and officers to complete conflict of interest disclosure statements on an annual basis. The Chairman of the board is charged with monitoring the school's conflict of interest policy, and with determining whether potential conflicts of interest exist. This policy is monitored both regularly and consistently. Any conflicts involving the Chairman are determined by the independent executive members of the board. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.

Form 990, Part VI, Section B, line 15A

The compensation for the Head of School is determined using comparative data from the Association of Classical Christian Schools (ACCS) and Independent School Management (ISM.) The compensation is approved by the Board and the approval process is documented in the minutes. Line 15b: The organization does not compensate any other officers or key employees. Therefore, this line was answered no in accordance with the instructions.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Arma Dei Academy Inc
EIN
45-5639260
Phone
3033464523
Address
341 E Wildcat Reserve Parkway, Highlands Ranch, CO 80126

Signing Officer

Name
Gregory R Vigil
Title
Chairman of the Board
Phone
3033464523
Signed
2019-04-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Taylor
Formed
2012
Legal Domicile
Co
Voting Board Members
8
Independent Board Members
8
Employees
34
Volunteers
86

Preparer

Firm
Capin Crouse LLP
Address
2435 Research Parkway STE 200, Colorado Springs, CO 80920
Preparer
Ashley Peabody
Phone
7195286225
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1 - Organizational Mission:

Our mission is to glorify God by providing an excellent classical Christian education founded upon a biblical worldview which equips students to live purposefully and intelligently in service to God and others. We strive to cultivate an enduring love of learning, a commitment to serve others, and a dedication to the pursuit of God's truth. We aim to graduate students, who think clearly and listen carefully with discernment and understanding; who reason persuasively and articulate precisely; who are capable of evaluating their entire range of experience in the light of the Scriptures; and who do so in joyful submission to God. We strive to build a legacy of intelligent and thoughtful leaders who will pursue a purposeful life marked by truth. Professional and diligent in their work, our faculty are gifted in teaching, loving their students and the subjects they teach. They clearly understand, how Christ-centered classical education works in their classrooms, and they possess a lifelong hunger to learn and grow. Our faculty coach and nurture new staff and serve as academic mentors to students, as they mature in Christ and grow in the knowledge of God.

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IRS990/OtherExpensesGrp/ProgramServicesAmt113682
IRS990/OtherExpensesGrp/ProgramServicesAmt24666
IRS990/OtherExpensesGrp/TotalAmt095391
IRS990/OtherExpensesGrp/TotalAmt113682
IRS990/OtherExpensesGrp/TotalAmt24666
IRS990/OtherRevenueTotalAmt05135
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0126965
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0719169
IRS990/OtherSalariesAndWagesGrp/TotalAmt0846134
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010591
IRS990/PayrollTaxesGrp/ProgramServicesAmt060015
IRS990/PayrollTaxesGrp/TotalAmt070606
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03374
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt019121
IRS990/PensionPlanContributionsGrp/TotalAmt022495
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02801500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0811343
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt052852
IRS990/PrincipalOfficerNm0Stephen Taylor
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0Tuition & Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01599051
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01599051
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05522645
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0207659
IRS990/PYInvestmentIncomeAmt0265
IRS990/PYOtherExpensesAmt0402312
IRS990/PYOtherRevenueAmt05126
IRS990/PYProgramServiceRevenueAmt01194956
IRS990/PYRevenuesLessExpensesAmt05246000
IRS990/PYSalariesCompEmpBnftPaidAmt0867021
IRS990/PYTotalExpensesAmt01476992
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06722992
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02015656
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01599051
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0358395
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0707463
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income - 2016 Amount: $ 5,126. 2017 Amount: $ 5,135.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10, Explanation of Other Income:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Schedule A, Part II:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02158853
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05522645
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0586936
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0486072
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0542360
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09296866
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013457
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0265
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0306
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt014042
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04536440
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt05135
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05126
IRS990ScheduleA/OtherIncome170Grp/TotalAmt010261
IRS990ScheduleA/PublicSupportCY170Pct00.76240
IRS990ScheduleA/PublicSupportTotal170Amt07106149
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/SubstantialContributorsTotAmt02190717
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02158853
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05522645
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0586936
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0486072
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0542360
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09296866
IRS990ScheduleA/TotalSupportAmt09321169
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0341105
IRS990ScheduleD/EquipmentGrp/DepreciationAmt093670
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0434775
IRS990ScheduleD/LandGrp/BookValueAmt02210000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02210000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt026868
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06031
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt032899
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04724737
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt037094
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04761831
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07302710
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/ExplanationTxt0All enrollment information, application forms, and similar information, which go to families interested in or attending the school, contain information regarding the school's nondiscrimination policy. The policy is also available on the school's website. During the 2017-18 fiscal year, the school ran advertisements on social media, notifying the public of its non-discriminatory policy.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0272018
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Tuition assistance
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt056
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grants are used to offset the cost of tuition and are awarded to students in good standing who demonstrate financial need as determined by a third party. No cash changes hands and funds are directly tied to student accounts.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0Tuition assistance
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt068000
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0Tuition discount
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Our mission is to glorify God by providing an excellent classical Christian education founded upon a biblical worldview which equips students to live purposefully and intelligently in service to God and others. We strive to cultivate an enduring love of learning, a commitment to serve others, and a dedication to the pursuit of God's truth. We aim to graduate students, who think clearly and listen carefully with discernment and understanding; who reason persuasively and articulate precisely; who are capable of evaluating their entire range of experience in the light of the Scriptures; and who do so in joyful submission to God. We strive to build a legacy of intelligent and thoughtful leaders who will pursue a purposeful life marked by truth. Professional and diligent in their work, our faculty are gifted in teaching, loving their students and the subjects they teach. They clearly understand, how Christ-centered classical education works in their classrooms, and they possess a lifelong hunger to learn and grow. Our faculty coach and nurture new staff and serve as academic mentors to students, as they mature in Christ and grow in the knowledge of God.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is prepared by an independent CPA firm and reviewed in detail by the Chaiman of the board and the bookkeeper for clerical accuracy. The reviewed 990 is then emailed to the remaining members of the board for their critique prior to being filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Arma Dei Academy requires its board of directors and officers to complete conflict of interest disclosure statements on an annual basis. The Chairman of the board is charged with monitoring the school's conflict of interest policy, and with determining whether potential conflicts of interest exist. This policy is monitored both regularly and consistently. Any conflicts involving the Chairman are determined by the independent executive members of the board. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The compensation for the Head of School is determined using comparative data from the Association of Classical Christian Schools (ACCS) and Independent School Management (ISM.) The compensation is approved by the Board and the approval process is documented in the minutes. Line 15b: The organization does not compensate any other officers or key employees. Therefore, this line was answered no in accordance with the instructions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 1 - Organizational Mission:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02861988
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt04835276
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06611366
IRS990/TotalAssetsEOYAmt09790801
IRS990/TotalAssetsGrp/BOYAmt06611366
IRS990/TotalAssetsGrp/EOYAmt09790801
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02158853
IRS990/TotalEmployeeCnt034
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0500
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0252373
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01507967
IRS990/TotalFunctionalExpensesGrp/TotalAmt01760840
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0742492
IRS990/TotalLiabilitiesEOYAmt01906271
IRS990/TotalLiabilitiesGrp/BOYAmt0742492
IRS990/TotalLiabilitiesGrp/EOYAmt01906271

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