Form 990, Part VI, Section A, Line 3
“The school contracted with a management company, ICAN Schools, to provide certain operational and management functions.”
Scores are not available for this record yet.
Assets
Flat$1,406,935
Flat from 2018
Net Assets
Flat-$2,397,957
Flat from 2018
Liabilities
Flat$3,804,892
Flat from 2018
Revenue
Flat$2,058,998
Flat from 2018
Expenses
Flat$1,873,993
Flat from 2018
Net Income
Flat$185,005
Flat from 2018
Our vision is to create a culture of high expectations for behavior and academics through rigorous, research-based curricula and a focus on achievement. It is our goal that Canton College Preparatory School scholars will attend a college preparatory high school and ultimately gain acceptance to and graduate from a four year college. It is our expectation that 100% of Canton College Preparatory School graduates will positively affect change in their local communities while making a contribution to our global society.
The mission of Canton College Preparatory School is to prepare students for a college preparatory high school that will ensure success and graduation from a four-year college.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $77,939 | $35,161 | ▼ $42,778 |
| Pledges and Grants Receivable | $49,322 | $33,944 | ▼ $15,378 |
| Prepaid Expenses and Deferred Charges | $12,212 | $33,638 | ▲ $21,426 |
| Accounts Receivable | $36,000 | $21,637 | ▼ $14,363 |
| Land, Buildings, and Equipment, Net | $27,433 | $16,303 | ▼ $11,130 |
| Total Assets | $1,839,522 | $1,406,935 | ▼ $432,587 |
| Other Assets Total | $1,636,616 | $1,266,252 | ▼ $370,364 |
| Liabilities | |||
| Other Liabilities | $3,499,054 | $2,678,253 | ▼ $820,801 |
| Accounts Payable and Accrued Expenses | $343,963 | $686,339 | ▲ $342,376 |
| Unsecured Notes Loans Payable | $579,467 | $440,300 | ▼ $139,167 |
| Total Liabilities | $4,422,484 | $3,804,892 | ▼ $617,592 |
| Net Assets / Fund Balance | |||
| Permanently Rstr Net Assets | $27,433 | $16,303 | ▼ $11,130 |
| Temporarily Rstr Net Assets | $12,212 | $0 | ▼ $12,212 |
| Unrestricted Net Assets | $-2,622,607 | $-2,414,260 | ▲ $208,347 |
| Total Net Assets Fund Balance | $-2,582,962 | $-2,397,957 | ▲ $185,005 |
| Total Liabilities and Net Assets / Fund Balance | $1,839,522 | $1,406,935 | ▼ $432,587 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $0 | $0 | $0 |
| Other Land Buildings | $1 | $46,366 | $0 |
| Land | $0 | - | $0 |
| Equipment | $0 | $244,592 | $0 |
| Leasehold Improvements | $16,302 | $80,262 | $0 |
| Other Assets Org | $1,266,252 | - | - |
| Name | Title |
|---|---|
| Audra Jones | Board Member |
| Brian Kenderes | Board Member |
| Erica Penick | Board Member |
| Kevin Ray | Board Member |
| Paula Logan-Reid | Board Member |
| Robert Parina | Board Member |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Accel Schools LLC | Management Services | 4700 Rockside Road, Suite 108, Independence, OH 44131 | $372,500 |
| Tri State Central Canton Ltd Partnership | Rent | 4150 Belden Village St NW, Canton, OH 44718 | $256,601 |
| Arlenes Cuisine | Student Food Service | 2956 McKinley Ave, Columbus, OH 43204 | $137,041 |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,402,457 |
| Salaries, Compensation, and Employee Benefits | $471,536 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $715,164 | - | - | $715,164 |
| Fees for Services Management | $372,500 | - | - | $372,500 |
| Occupancy | $274,163 | - | - | $274,163 |
| Office Expenses | $174,463 | - | - | $174,463 |
| Fees for Services Other | $74,283 | - | - | $74,283 |
| Interest | $68,279 | - | - | $68,279 |
| Other Expenses | $67,818 | $0 | $0 | $67,818 |
| Depreciation Depletion | $25,731 | - | - | $25,731 |
| Fees for Services Accounting | $25,525 | - | - | $25,525 |
| All Other Expenses | $25,514 | - | - | $25,514 |
| Advertising | $18,587 | - | - | $18,587 |
| Fees for Services Legal | $8,801 | - | - | $8,801 |
| Travel | $264 | - | - | $264 |
| Other Employee Benefits | $-243,628 | - | - | $-243,628 |
| Total Functional Expenses | $1,873,993 | $0 | $0 | $1,873,993 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,873,993 |
| Total Expenses per Audited Statements | $1,873,993 |
| Total Expenses per Form 990 | $1,873,993 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Other Expense Adjustments | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Net Pension Liability | $1,736,896 |
| Deferred Inflows of Resources | $407,619 |
| Net Benefit Liability | $349,955 |
| Long Term Debt | $183,783 |
“The school contracted with a management company, ICAN Schools, to provide certain operational and management functions.”
“The Form 990 is prepared and reviewed by the fiscal officer. After the review of the Form 990, it is provided to the Board of Director's legal counsel for review. Once completed, it is then provided to the Board President for approval and back to the fiscal officer for signature and filing.”
“The Board of Director's, in conjunction with their legal counsel, consistently review compliance with federal and state regulations. In addition, the school is continuously monitored by its sponsor to ensure compliance with laws and regulations.”
“The school's governing documents, conflict of interest policy, and financial statements are maintained by its legal counsel and fiscal officer and may be provided upon request.”
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/ActivityOrMissionDesc | 0 | The mission of Canton College Preparatory School is to prepare students for a college preparatory high school that will ensure success and graduation from a four-year college. |
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| IRS990/Desc | 0 | The curriculum at Canton College Preparatory School consists of 120 minutes of daily instruction in Reading and Mathematics and at least 60 minutes of Writing and Social Sciences. Our research-based program is aligned to the Ohio Common Core and is enhanced through a set of common instructional strategies that promote oral reading fluency, vocabulary, effective questioning, and reading comprehension across all content areas. Lesson objectives, vocabulary and homework are communicated to families via a syllabus that is sent home on a weekly basis giving our students and families a true feeling of a college-going learning environment. |
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| IRS990/MissionDesc | 0 | Our vision is to create a culture of high expectations for behavior and academics through rigorous, research-based curricula and a focus on achievement. It is our goal that Canton College Preparatory School scholars will attend a college preparatory high school and ultimately gain acceptance to and graduate from a four year college. It is our expectation that 100% of Canton College Preparatory School graduates will positively affect change in their local communities while making a contribution to our global society. |
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| IRS990/PrincipalOfficerNm | 0 | C David Massa |
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| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 2661522 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 185005 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RelatedOrganizationsAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 2058998 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 0 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 244592 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 244592 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1873993 |
| IRS990ScheduleD/FederalIncomeTaxLiabilityAmt | 0 | 0 |
| IRS990ScheduleD/InvestmentExpensesNotIncld2Amt | 0 | 0 |
| IRS990ScheduleD/InvestmentExpensesNotIncldAmt | 0 | 0 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 16302 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 80262 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt | 0 | 96564 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LossesReportedAmt | 0 | 0 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 0 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 1266252 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Deferred Outflows of Resources |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 0 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 1 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 46366 |
| IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 46367 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 1736896 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 349955 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 183783 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 407619 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Net Pension Liability |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Net Benefit Liability |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | Long Term Debt |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | Deferred Inflows of Resources |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 0 |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | 0 |
| IRS990ScheduleD/PriorYearAdjustmentsAmt | 0 | 0 |
| IRS990ScheduleD/RecoveriesPriorYearGrantsAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 2058998 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 16303 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 1266252 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1873993 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 2678253 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 2058998 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 2058998 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1873993 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 0 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | The school provides a parent student handbook that describes their policies regarding discrimination as well as any literature that is sent to the public includes a statement about such policies. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | The school is a community school in Ohio and does not provide scholarships or financial assistance as a public school. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Part I, Line 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule E, Part I, Line 4 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The school contracted with a management company, ICAN Schools, to provide certain operational and management functions. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Form 990 is prepared and reviewed by the fiscal officer. After the review of the Form 990, it is provided to the Board of Director's legal counsel for review. Once completed, it is then provided to the Board President for approval and back to the fiscal officer for signature and filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The Board of Director's, in conjunction with their legal counsel, consistently review compliance with federal and state regulations. In addition, the school is continuously monitored by its sponsor to ensure compliance with laws and regulations. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The school's governing documents, conflict of interest policy, and financial statements are maintained by its legal counsel and fiscal officer and may be provided upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, Line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C, Line 19 |
| IRS990/SchoolOperatingInd | 0 | 1 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt | 0 | 12212 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 1839522 |
| IRS990/TotalAssetsEOYAmt | 0 | 1406935 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1839522 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1406935 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 2058998 |
| IRS990/TotalEmployeeCnt | 0 | 31 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1873993 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1873993 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 4422484 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 3804892 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 4422484 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 3804892 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -2582962 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -2397957 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 0 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.