Civic Intelligence

Akron Preparatory School

990 • Fiscal year 2018 • EIN 46-0609373

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 11, 2019

Organization Profile
1200 East Market St Ste 3360Akron, OH 44316

(216) 453-4558

Siviq Scores

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

Liabilities / Assets

99th percentile

3.59x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

2.88x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

60th percentile

6.9%

Higher net margin than 60% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

3rd percentile

-33%

Faster asset growth than 3% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

9th percentile

-34%

Faster revenue growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$1,579,455

Down $789,529 (-33%) from 2017

Net Assets

Down

-$4,098,509

Down $595,992 (-17%) from 2017

Liabilities

Down

$5,677,964

Down $193,537 (-3.3%) from 2017

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin60th percentile

Revenue

Down

$1,974,371

Down $1,027,963 (-34%) from 2017

Expenses

Down

$1,838,551

Down $2,120,724 (-54%) from 2017

Net Income

Up

$135,820

Up $1,092,761 (+114%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$10M$5.0M$0-$5.0MAssets 2014: $609,832Liabilities 2014: $1,165,267Net Assets 2014: -$555,4352014Assets 2015: $2,713,044Liabilities 2015: $3,615,784Net Assets 2015: -$902,7402015Assets 2016: $2,879,733Liabilities 2016: $5,425,309Net Assets 2016: -$2,545,5762016Assets 2017: $2,368,984Liabilities 2017: $5,871,501Net Assets 2017: -$3,502,5172017Assets 2018: $1,579,455Liabilities 2018: $5,677,964Net Assets 2018: -$4,098,5092018Assets 2019: $948,237Liabilities 2019: $5,421,075Net Assets 2019: -$4,472,8382019Assets 2020: $589,079Liabilities 2020: $4,697,950Net Assets 2020: -$4,108,8712020Assets 2021: $1,542,425Liabilities 2021: $4,619,051Net Assets 2021: -$3,076,6262021Assets 2022: $1,752,209Liabilities 2022: $3,628,397Net Assets 2022: -$1,876,1882022Assets 2023: $1,908,229Liabilities 2023: $3,574,958Net Assets 2023: -$1,666,7292023Assets 2024: $1,927,896Liabilities 2024: $3,731,411Net Assets 2024: -$1,803,5152024

Highlighted filing

2018

Assets$1,579,455
Liabilities$5,677,964
Net Assets-$4,098,509
Open 2018 Filing

Operations Trend

Revenue Growth9th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $2,222,593Expenses 2014: $2,778,028Net Income 2014: -$555,4352014Revenue 2015: $3,086,761Expenses 2015: $3,941,883Net Income 2015: -$855,1222015Revenue 2016: $2,864,516Expenses 2016: $4,117,429Net Income 2016: -$1,252,9132016Revenue 2017: $3,002,334Expenses 2017: $3,959,275Net Income 2017: -$956,9412017Revenue 2018: $1,974,371Expenses 2018: $1,838,551Net Income 2018: $135,8202018Revenue 2019: $2,264,265Expenses 2019: $2,638,594Net Income 2019: -$374,3292019Revenue 2020: $3,213,194Expenses 2020: $2,849,227Net Income 2020: $363,9672020Revenue 2021: $4,721,759Expenses 2021: $3,689,514Net Income 2021: $1,032,2452021Revenue 2022: $4,783,320Expenses 2022: $3,582,882Net Income 2022: $1,200,4382022Revenue 2023: $4,811,337Expenses 2023: $4,601,878Net Income 2023: $209,4592023Revenue 2024: $5,145,619Expenses 2024: $5,282,405Net Income 2024: -$136,7862024

Highlighted filing

2018

Revenue$1,974,371
Expenses$1,838,551
Net Income$135,820
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 11, 2019
Return Version
2017v2.0
Gross Receipts
$1,974,371
Mission and Program Overview

Mission

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 Akron 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 APS graduates will positively affect change in their local communities while making a contribution to our global society.

The mission of Akron Preparatory School is to prepare students for a college preparatory high school that will ensure success and graduation from a four-year college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$54,977--
Cash and Non-Interest-Bearing Accounts$87,810$23,415▼ $64,395
Accounts Receivable$7,880$22,957▲ $15,077
Prepaid Expenses and Deferred Charges$18,212$17,000▼ $1,212
Pledges and Grants Receivable-$3,250-
Total Assets$2,368,984$1,579,455▼ $789,529
Other Assets Total$2,200,105$1,512,833▼ $687,272
Liabilities
Other Liabilities$5,485,278$4,268,639▼ $1,216,639
Accounts Payable and Accrued Expenses$510,699$951,889▲ $441,190
Unsecured Notes Loans Payable$533,200$383,300▼ $149,900
Mortgage Notes Payable Secured by Investment Property$74,136$74,136→ $0
Total Liabilities$6,603,313$5,677,964▼ $925,349
Net Assets / Fund Balance
Permanently Rstr Net Assets$54,977$0▼ $54,977
Temporarily Rstr Net Assets$18,212$0▼ $18,212
Unrestricted Net Assets$-4,307,518$-4,098,509▲ $209,009
Total Net Assets Fund Balance$-4,234,329$-4,098,509▲ $135,820
Total Liabilities and Net Assets / Fund Balance$2,368,984$1,579,455▼ $789,529

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,512,833--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Audra JonesBoard Member
Bob ParinaBoard Member
Brian KenderesBoard Member
Erica PenickBoard Member
Kevin RayBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
-Management4700 Rockside Road, Independence, OH 44131$332,620
Arlenes CuisineTransportation34929 Curtis Boulevard, Eastlake, OH 44095$262,070
Community BusRent1144 East Market St, Akron, OH 44305$198,427
Accel Management LLCStudent Food Service2956 McKinley Avenue, Columbus, OH 43204$123,273
Revenue and Support

Revenue Composition

Contributions and Grants
$1,974,371
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,974,371
Change in Net Assets
$135,820

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,974,371
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$1,974,371
Total Revenue per Form 990
$1,974,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,477,019
Salaries, Compensation, and Employee Benefits$361,532
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$698,490--$698,490
Fees for Services Management$332,620--$332,620
Occupancy$269,874--$269,874
Other Expenses$112,116$0$0$112,116
Fees for Services Other$105,430--$105,430
Depreciation Depletion$54,977--$54,977
Interest$44,610--$44,610
All Other Expenses$32,724--$32,724
Fees for Services Accounting$25,692--$25,692
Advertising$23,855--$23,855
Office Expenses$20,805--$20,805
Fees for Services Legal$7,801--$7,801
Travel$932--$932
Other Employee Benefits$-336,958--$-336,958
Total Functional Expenses$1,838,551$0$0$1,838,551

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,838,551
Total Expenses per Audited Statements$1,838,551
Total Expenses per Form 990$1,838,551
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Net Pension Liability$1,952,188
Deferred Inflows of Resources$1,190,640
Long Term Debt$747,512
Net Benefit Liability$378,299
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
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The school contracted with a management company, Accel Schools, to provide certain operational and management functions.”

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

“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 Directors legal counsel for review. Once completed it is then provided to the Board President for final approval before the fiscal officer signs and files the return.”

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

“The Board of Directors, 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.”

Form 990, Part VI, Section C, Line 19

“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.”

Filing and Contact Details

Filer

Filer Name
Akron Preparatory School
EIN
46-0609373
Phone
2164534558
Address
1200 East Market St Ste 3360, Akron, OH 44316

Signing Officer

Name
David Massa
Title
Treasurer
Phone
3305150572
Signed
2019-04-11

Organization Details

Principal Officer
C David Massa
Formed
2013
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
42
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“All other professional and technical services provided.”

Raw XML AppendixShowing 400 of 424 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0510699
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0951889
IRS990/AccountsReceivableGrp/BOYAmt07880
IRS990/AccountsReceivableGrp/EOYAmt022957
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The mission of Akron Preparatory School is to prepare students for a college preparatory high school that will ensure success and graduation from a four-year college.
IRS990/AdvertisingGrp/ProgramServicesAmt023855
IRS990/AdvertisingGrp/TotalAmt023855
IRS990/AllOtherContributionsAmt01974371
IRS990/AllOtherExpensesGrp/ProgramServicesAmt032724
IRS990/AllOtherExpensesGrp/TotalAmt032724
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0C David Massa
IRS990/BooksInCareOfDetail/PhoneNum03305150572
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0219 E Maple St Ste 202
IRS990/BooksInCareOfDetail/USAddress/CityNm0North Canton
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044720
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt087810
IRS990/CashNonInterestBearingGrp/EOYAmt023415
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0198427
IRS990/ContractorCompensationGrp/CompensationAmt1262070
IRS990/ContractorCompensationGrp/CompensationAmt2123273
IRS990/ContractorCompensationGrp/CompensationAmt3332620
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01144 East Market St
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt134929 Curtis Boulevard
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt22956 McKinley Avenue
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt34700 Rockside Road
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Akron
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Eastlake
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Columbus
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3Independence
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd044305
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd144095
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd243204
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd344131
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Community Bus
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1Arlenes Cuisine
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2Accel Management LLC
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0IRG RC Market HQ LLC
IRS990/ContractorCompensationGrp/ServicesDesc0Rent
IRS990/ContractorCompensationGrp/ServicesDesc1Transportation
IRS990/ContractorCompensationGrp/ServicesDesc2Student Food Service
IRS990/ContractorCompensationGrp/ServicesDesc3Management
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01974371
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01477019
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0135820
IRS990/CYSalariesCompEmpBnftPaidAmt0361532
IRS990/CYTotalExpensesAmt01838551
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01974371
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt054977
IRS990/DepreciationDepletionGrp/TotalAmt054977
IRS990/Desc0The curriculum at Akron 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.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt042
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01838551
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt025692
IRS990/FeesForServicesAccountingGrp/TotalAmt025692
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt07801
IRS990/FeesForServicesLegalGrp/TotalAmt07801
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0332620
IRS990/FeesForServicesManagementGrp/TotalAmt0332620
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0105430
IRS990/FeesForServicesOtherGrp/TotalAmt0105430
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Bob Parina
IRS990/Form990PartVIISectionAGrp/PersonNm1Brian Kenderes
IRS990/Form990PartVIISectionAGrp/PersonNm2Audra Jones
IRS990/Form990PartVIISectionAGrp/PersonNm3Kevin Ray
IRS990/Form990PartVIISectionAGrp/PersonNm4Erica Penick
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt0331470
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01974371
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt044610
IRS990/InterestGrp/TotalAmt044610
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt054977
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Our 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 Akron 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 APS graduates will positively affect change in their local communities while making a contribution to our global society.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt074136
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt074136
IRS990/NetAssetsOrFundBalancesBOYAmt0-4234329
IRS990/NetAssetsOrFundBalancesEOYAmt0-4098509
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0269874
IRS990/OccupancyGrp/TotalAmt0269874
IRS990/OfficeExpensesGrp/ProgramServicesAmt020805
IRS990/OfficeExpensesGrp/TotalAmt020805
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02200105
IRS990/OtherAssetsTotalGrp/EOYAmt01512833
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0-336958
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0-336958
IRS990/OtherExpensesGrp/Desc0Contractual Trade Services
IRS990/OtherExpensesGrp/Desc1Pupil Transportation
IRS990/OtherExpensesGrp/Desc2Instructional Materials
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt0138809
IRS990/OtherExpensesGrp/ProgramServicesAmt1306774
IRS990/OtherExpensesGrp/ProgramServicesAmt2112116
IRS990/OtherExpensesGrp/TotalAmt0138809
IRS990/OtherExpensesGrp/TotalAmt1306774
IRS990/OtherExpensesGrp/TotalAmt2112116
IRS990/OtherLiabilitiesGrp/BOYAmt05485278
IRS990/OtherLiabilitiesGrp/EOYAmt04268639
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0698490
IRS990/OtherSalariesAndWagesGrp/TotalAmt0698490
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt054977
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03250
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018212
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017000
IRS990/PrincipalOfficerNm0C David Massa
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03002334
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02027850
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-956941
IRS990/PYSalariesCompEmpBnftPaidAmt01931425
IRS990/PYTotalExpensesAmt03959275
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03002334
IRS990/ReconcilationRevenueExpnssAmt0135820
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01974371
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01838551
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01512833
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows of Resources
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01952188
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1378299
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2747512
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31190640
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net Benefit Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Long Term Debt
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Deferred Inflows of Resources
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01974371
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01512833
IRS990ScheduleD/TotalExpensesPerForm990Amt01838551
IRS990ScheduleD/TotalLiabilityAmt04268639
IRS990ScheduleD/TotalRevenuePerForm990Amt01974371
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01974371
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01838551
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/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The 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/ExplanationTxt1The school is a community school in Ohio and does not provide scholarships or financial assistance as a free public school.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 4
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The school contracted with a management company, Accel Schools, to provide certain operational and management functions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is prepared and reviewed by the fiscal officer. After the review of the Form 990, it is provided to the Board of Directors legal counsel for review. Once completed it is then provided to the Board President for final approval before the fiscal officer signs and files the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors, 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/ExplanationTxt3The 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/ExplanationTxt4All other professional and technical services provided.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
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 C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt018212
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02368984
IRS990/TotalAssetsEOYAmt01579455
IRS990/TotalAssetsGrp/BOYAmt02368984
IRS990/TotalAssetsGrp/EOYAmt01579455
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01974371
IRS990/TotalEmployeeCnt042
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01838551
IRS990/TotalFunctionalExpensesGrp/TotalAmt01838551
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06603313
IRS990/TotalLiabilitiesEOYAmt05677964
IRS990/TotalLiabilitiesGrp/BOYAmt06603313
IRS990/TotalLiabilitiesGrp/EOYAmt05677964
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-4234329
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-4098509
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt01838551
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01974371
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02368984
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01579455
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0932
IRS990/TravelGrp/TotalAmt0932
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-4307518
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-4098509
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0533200
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0383300
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0219 E Maple St Ste 202
IRS990/USAddress/CityNm0North Canton
IRS990/USAddress/StateAbbreviationCd0OH

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
$1,579,455
Liabilities
$5,677,964
Net assets
-$4,098,509
Revenue
$1,974,371
Expenses
$1,838,551
Net income
$135,820
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.93$3.73$1.80$5.15$5.28$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.91$3.57$1.67$4.81$4.60$0.21
2022Detailed filing. Detailed filing data is available for this year.$1.75$3.63$1.88$4.78$3.58$1.20
2021Detailed filing. Detailed filing data is available for this year.$1.54$4.62$3.08$4.72$3.69$1.03
2020Detailed filing. Detailed filing data is available for this year.$0.59$4.70$4.11$3.21$2.85$0.36
2019Detailed filing. Detailed filing data is available for this year.$0.95$5.42$4.47$2.26$2.64$0.37
2018Detailed filing. Detailed filing data is available for this year.$1.58$5.68$4.10$1.97$1.84$0.14
2017Detailed filing. Detailed filing data is available for this year.$2.37$5.87$3.50$3.00$3.96$0.96
2016Detailed filing. Detailed filing data is available for this year.$2.88$5.43$2.55$2.86$4.12$1.25
2015Detailed filing. Detailed filing data is available for this year.$2.71$3.62$0.90$3.09$3.94$0.86
2014Detailed filing. Detailed filing data is available for this year.$0.61$1.17$0.56$2.22$2.78$0.56