Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
990 • Fiscal year 2016 • EIN 46-0693776
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
Liabilities / Revenue
65th percentile
Higher debt load relative to revenue than 65% of similar nonprofits.
Net Margin
62nd percentile
Higher net margin than 62% of similar nonprofits.
Top Officer Pay
67th percentile
Higher top officer pay than 67% of similar nonprofits.
Top officer pay equals 3.5% of source-year revenue.
Asset Growth
85th percentile
Faster asset growth than 85% of similar nonprofits.
Revenue Growth
84th percentile
Faster revenue growth than 84% of similar nonprofits.
Assets
Up$1,100,227
Up $218,521 (+25%) from 2015
Net Assets
Up$466,815
Up $174,894 (+60%) from 2015
Liabilities
Up$633,412
Up $43,627 (+7.4%) from 2015
Revenue
Up$2,744,813
Up $674,538 (+33%) from 2015
Expenses
Up$2,569,920
Up $756,910 (+42%) from 2015
Net Income
Down$174,893
Down $82,372 (-32%) from 2015
Through rigorous curriculum, high-quality instruction, and positive character development, purpose preparatory academy charter school ensures that all kindergarten through grade four students achieve the academic skills, knowledge, and ethical foundation to be set on the path to college.
SEE SCHEDULE O.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $291,921 | $466,815 | ▲ $174,894 |
| Cash and Non-Interest-Bearing Accounts | $339,457 | $446,044 | ▲ $106,587 |
| Land, Buildings, and Equipment, Net | $380,913 | $398,633 | ▲ $17,720 |
| Prepaid Expenses and Deferred Charges | $93,979 | $150,472 | ▲ $56,493 |
| Accounts Receivable | $51,357 | $66,398 | ▲ $15,041 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $881,706 | $1,100,227 | ▲ $218,521 |
| Other Assets Total | $16,000 | $38,680 | ▲ $22,680 |
| Liabilities | |||
| Deferred Revenue | $494,131 | $437,468 | ▼ $56,663 |
| Accounts Payable and Accrued Expenses | $70,010 | $100,894 | ▲ $30,884 |
| Other Liabilities | $25,644 | $95,050 | ▲ $69,406 |
| Total Liabilities | $589,785 | $633,412 | ▲ $43,627 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $291,921 | $466,815 | ▲ $174,894 |
| Total Liabilities and Net Assets / Fund Balance | $881,706 | $1,100,227 | ▲ $218,521 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $327,980 | $338,078 | $666,058 |
| Equipment | $53,605 | $67,765 | $121,370 |
| Other Land Buildings | $17,048 | - | $17,048 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Lagra Newman | Head of School | FT | $95,529 | $95,529 |
| Name | Title |
|---|---|
| Perry Gooch | Chair |
| Harry Allen | Past Chair |
| Hunter Schimpff | Vice Chair |
| Charlandra Watts | Director |
| Ginny Pope | Director |
| Jenna Smith | Director |
| Ryan Mccostlin | Director |
| Vince Durnan | Director |
| Will Jackson | Director |
| Ashley Northington | Secretary |
| Eric Rubinstein | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,340,210 |
| Other Expenses | $1,229,710 |
| Total Fundraising Expense | $14,689 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $791,384 | $178,322 | - | $969,706 |
| Depreciation Depletion | $150,645 | $26,584 | - | $177,229 |
| Travel | $161,271 | - | - | $161,271 |
| Occupancy | $124,965 | $32,877 | - | $157,842 |
| Fees for Services Other | $96,151 | $34,614 | - | $130,765 |
| Pension Plan Contributions | $75,652 | $25,218 | - | $100,870 |
| Other Employee Benefits | $71,330 | $23,777 | - | $95,107 |
| Current Officers, Directors, Trustees, and Key Employees | - | $94,968 | - | $94,968 |
| Payroll Taxes | $57,826 | $21,733 | - | $79,559 |
| Fees for Service Investment Mgmnt Fees | - | $60,550 | - | $60,550 |
| Insurance | - | $47,833 | - | $47,833 |
| Office Expenses | - | $46,038 | - | $46,038 |
| Other Expenses | $25,186 | $14,222 | - | $39,408 |
| All Other Expenses | $6,392 | - | $14,689 | $21,081 |
| Fees for Services Accounting | - | $13,150 | - | $13,150 |
| Advertising | - | $292 | - | $292 |
| Total Functional Expenses | $1,935,053 | $620,178 | $14,689 | $2,569,920 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $2,569,920 |
| Total Expenses per Audited Statements | $2,569,920 |
| Total Expenses per Form 990 | $2,569,920 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Net Pension Liability | $95,050 |
“Form 990 is prepared and reviewed by purpose preparatory academy's back-office financial provider. It is then given to purpose preparatory's executive director and the finance committee for review and approval. All other board members may obtain a copy for review upon request.”
“Purpose preparatory academy's governing documents, conflict of interest policy, and financial statements are available upon request of the director of finance, noted on the state's website, and are provided to staff. Specific governance documents may not be available to the general public and are reviewed on an as needed basis.”
“Through rigorous curriculum, high-quality instruction, and positive character development, purpose preparatory academy charter school ensures that all kindergarten through grade four students achieve the academic skills, knowledge, and ethical foundation to be set on the path to college.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 70010 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 100894 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 51357 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 66398 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | SEE SCHEDULE O. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 292 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 292 |
| IRS990/AllOtherContributionsAmt | 0 | 66744 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 14689 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 6392 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 21081 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | EDTEC INC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6157635950 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 209 10TH AVENUE S SUITE 416 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | NASHVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 37203 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 339457 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 446044 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 94968 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 94968 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 2736377 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 198 |
| IRS990/CYOtherExpensesAmt | 0 | 1229710 |
| IRS990/CYOtherRevenueAmt | 0 | 8238 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 174893 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1340210 |
| IRS990/CYTotalExpensesAmt | 0 | 2569920 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 14689 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2744813 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 494131 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 437468 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 26584 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 150645 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 177229 |
| IRS990/Desc | 0 | PURPOSE PREP PROVIDES AN ACADEMICALLY CHALLENGING, DISCIPLINED, AND JOYFUL ELEMENTARY SCHOOL TO CHILDREN OF NASHVILLE. WITH AN INTENSIVE FOCUS ON THE ACQUISITION OF ESSENTIAL LITERACY SKILLS, PURPOSE PREP PROVIDES TARGETED AND RIGOROUS INSTRUCTION IN EACH CORE SUBJECT TO MEET THE ACADEMIC NEEDS OF EVERY SCHOLAR. PURPOSE PREP HOLDS SCHOLARS ACCOUNTABLE FOR DEMONSTRATING EXCELLENT BEHAVIOR BY TEACHING THEM THE CHARACTER SKILLS NECESSARY FOR THEIR SUCCESS, SPECIFICALLY THE SCHOOL'S RISE WITH PURPOSE VALUES - PURPOSE, RESPECT, INTEGRITY, SELF-DETERMINATION, AND EXCELLENCE. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 45 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 13150 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 13150 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 34614 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 96151 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 130765 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 60550 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 60550 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | RYAN MCCOSTLIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | GINNY POPE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | HUNTER SCHIMPFF |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | PERRY GOOCH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | HARRY ALLEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ASHLEY NORTHINGTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ERIC RUBINSTEIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | CHARLANDRA WATTS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | VINCE DURNAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | WILL JACKSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | JENNA SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | LAGRA NEWMAN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 95529 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | PAST CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | HEAD OF SCHOOL |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2012 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 12 |
| IRS990/GovernmentGrantsAmt | 0 | 2669633 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 2744813 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 47833 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 47833 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 198 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 198 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 25 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 405843 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 380913 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 398633 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 804476 |
| IRS990/LegalDomicileStateCd | 0 | TN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | SEE SCHEDULE O. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 291921 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 466815 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 32877 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 124965 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 157842 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 46038 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 46038 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 16000 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 38680 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 23777 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 71330 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 95107 |
| IRS990/OtherExpensesGrp/Desc | 0 | FOOD SERVICES |
| IRS990/OtherExpensesGrp/Desc | 1 | STAFF DEVELOPMENT |
| IRS990/OtherExpensesGrp/Desc | 2 | INSTRUCTIONAL EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | OTHER EXPENSES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 14222 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 232020 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 79932 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 62299 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 25186 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 232020 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 79932 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 62299 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 39408 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 25644 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 95050 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 8238 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 8238 |
| IRS990/OtherRevenueTotalAmt | 0 | 8238 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 178322 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 791384 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 969706 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 21733 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 57826 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 79559 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 25218 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 75652 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 100870 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 93979 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 150472 |
| IRS990/PrincipalOfficerNm | 0 | LAGRA NEWMAN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 1935053 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 2049655 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 101 |
| IRS990/PYOtherExpensesAmt | 0 | 878061 |
| IRS990/PYOtherRevenueAmt | 0 | 20519 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 257265 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 934949 |
| IRS990/PYTotalExpensesAmt | 0 | 1813010 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 2070275 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 174893 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 0 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 291921 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 466815 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 53605 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 67765 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 121370 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 2569920 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 327980 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 338078 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 666058 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 17048 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 17048 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 95050 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | NET PENSION LIABILITY |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 2744813 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 398633 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 2569920 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 95050 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 2744813 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 2744813 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 2569920 |
| 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 | 1 |
| 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 | PURPOSE PREPARATORY UTILIZES THE PUBLIC LOTTERY SYSTEM AND CORRESPONDING MARKETING EFFORTS THROUGH THE SCHOOL DISTRICT, WHICH ENSURES OUR RACIALLY NONDISCRIMINATORY POLICIES FOR REGISTRATION AND ENROLLMENT ARE PUBLICIZED THROUGHOUT THE CITY/DISTRICT. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | NO FINANCIAL ASSISTANCE OR SCHOLARSHIPS AWARDED. PURPOSE PREPARATORY ACADEMY IS A PUBLIC CHARTER SCHOOL WITH NO TUITION REQUIREMENT. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 2 | THE SCHOOL IS A PUBLIC, TUITION-FREE CHARTER SCHOOL AND RECEIVES FUNDS PER PUPIL FROM THE STATE OF TENNESSEE. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, PART I, LINE 4 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | SCHEDULE E, PART I, LINE 6 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THROUGH RIGOROUS CURRICULUM, HIGH-QUALITY INSTRUCTION, AND POSITIVE CHARACTER DEVELOPMENT, PURPOSE PREPARATORY ACADEMY CHARTER SCHOOL ENSURES THAT ALL KINDERGARTEN THROUGH GRADE FOUR STUDENTS ACHIEVE THE ACADEMIC SKILLS, KNOWLEDGE, AND ETHICAL FOUNDATION TO BE SET ON THE PATH TO COLLEGE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FORM 990 IS PREPARED AND REVIEWED BY PURPOSE PREPARATORY ACADEMY'S BACK-OFFICE FINANCIAL PROVIDER. IT IS THEN GIVEN TO PURPOSE PREPARATORY'S EXECUTIVE DIRECTOR AND THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL. ALL OTHER BOARD MEMBERS MAY OBTAIN A COPY FOR REVIEW UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PURPOSE PREPARATORY ACADEMY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST OF THE DIRECTOR OF FINANCE, NOTED ON THE STATE'S WEBSITE, AND ARE PROVIDED TO STAFF. SPECIFIC GOVERNANCE DOCUMENTS MAY NOT BE AVAILABLE TO THE GENERAL PUBLIC AND ARE REVIEWED ON AN AS NEEDED BASIS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART I, LINE 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | 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/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 881706 |
| IRS990/TotalAssetsEOYAmt | 0 | 1100227 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 881706 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1100227 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 2736377 |
| IRS990/TotalEmployeeCnt | 0 | 45 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 14689 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 620178 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1935053 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 2569920 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 589785 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 633412 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 589785 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 633412 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 291921 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 466815 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 1935053 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1935053 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 95529 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 198 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 8238 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 2744813 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.