Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
990 • Fiscal year 2018 • EIN 46-0693776
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Liabilities / Revenue
81st percentile
Higher debt load relative to revenue than 81% of similar nonprofits.
Net Margin
55th percentile
Higher net margin than 55% of similar nonprofits.
Top Officer Pay
42nd percentile
Higher top officer pay than 42% of similar nonprofits.
Top officer pay equals 2.4% of source-year revenue.
Asset Growth
79th percentile
Faster asset growth than 79% of similar nonprofits.
Revenue Growth
75th percentile
Faster revenue growth than 75% of similar nonprofits.
Assets
Up$5,237,042
Up $654,866 (+14%) from 2017
Net Assets
Up$965,072
Up $198,639 (+26%) from 2017
Liabilities
Up$4,271,970
Up $456,227 (+12%) from 2017
Revenue
Up$4,335,910
Up $675,373 (+18%) from 2017
Expenses
Up$4,137,271
Up $776,352 (+23%) from 2017
Net Income
Down$198,639
Down $100,979 (-34%) from 2017
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $3,232,371 | $3,944,761 | ▲ $712,390 |
| Rtn Earn Endowment Incm Other Fnds | $766,433 | $965,072 | ▲ $198,639 |
| Cash and Non-Interest-Bearing Accounts | $911,854 | $922,315 | ▲ $10,461 |
| Prepaid Expenses and Deferred Charges | $158,436 | $216,779 | ▲ $58,343 |
| Accounts Receivable | $197,975 | $104,388 | ▼ $93,587 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $4,582,176 | $5,237,042 | ▲ $654,866 |
| Other Assets Total | $81,540 | $48,799 | ▼ $32,741 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $2,629,813 | $3,683,652 | ▲ $1,053,839 |
| Accounts Payable and Accrued Expenses | $970,814 | $343,332 | ▼ $627,482 |
| Deferred Revenue | $163,250 | $201,085 | ▲ $37,835 |
| Other Liabilities | $51,866 | $43,901 | ▼ $7,965 |
| Total Liabilities | $3,815,743 | $4,271,970 | ▲ $456,227 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $766,433 | $965,072 | ▲ $198,639 |
| Total Liabilities and Net Assets / Fund Balance | $4,582,176 | $5,237,042 | ▲ $654,866 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,972,256 | $76,092 | $3,048,348 |
| Land | $860,000 | - | $860,000 |
| Leasehold Improvements | $14,437 | $503,979 | $518,416 |
| Equipment | $98,068 | $143,068 | $241,136 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Lagra Newman | Head of School | FT | $103,829 | $103,829 |
| Name | Title |
|---|---|
| Charlandra Watson | Chair |
| Ryann Casey | Vice Chair |
| Janna Smith | Director |
| Lauren King | Director |
| Sallie Norton | Director |
| Vince Durnan | Director |
| Will Jackson | Director |
| Charlane Oliver | Secretary |
| Dale Mitchell | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $2,311,094 |
| Other Expenses | $1,826,177 |
| Total Fundraising Expense | $30,189 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,316,347 | $422,168 | - | $1,738,515 |
| Travel | $273,520 | - | - | $273,520 |
| Depreciation Depletion | $186,883 | $32,979 | - | $219,862 |
| Fees for Services Other | $89,805 | $123,746 | - | $213,551 |
| Other Employee Benefits | $150,311 | $50,104 | - | $200,415 |
| Payroll Taxes | $101,769 | $33,923 | - | $135,692 |
| Pension Plan Contributions | $96,883 | $32,295 | - | $129,178 |
| Interest | - | $125,168 | - | $125,168 |
| Occupancy | $84,754 | $30,509 | - | $115,263 |
| Current Officers, Directors, Trustees, and Key Employees | - | $107,294 | - | $107,294 |
| All Other Expenses | $3,464 | $88,363 | - | $91,827 |
| Office Expenses | - | $78,380 | - | $78,380 |
| Fees for Service Investment Mgmnt Fees | - | $66,100 | - | $66,100 |
| Other Expenses | $22,018 | - | $30,189 | $52,207 |
| Insurance | - | $33,385 | - | $33,385 |
| Fees for Services Accounting | - | $15,041 | - | $15,041 |
| Advertising | - | $7,996 | - | $7,996 |
| Total Functional Expenses | $2,859,631 | $1,247,451 | $30,189 | $4,137,271 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $4,137,271 |
| Total Expenses per Audited Statements | $4,137,271 |
| Total Expenses per Form 990 | $4,137,271 |
| 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 | $43,901 |
“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.”
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 | 970814 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 343332 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 197975 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 104388 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 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. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 7996 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 7996 |
| IRS990/AllOtherContributionsAmt | 0 | 273707 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 88363 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 3464 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 91827 |
| 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 | 911854 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 922315 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 107294 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 107294 |
| 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 | 4314334 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 367 |
| IRS990/CYOtherExpensesAmt | 0 | 1826177 |
| IRS990/CYOtherRevenueAmt | 0 | 21209 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 198639 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 2311094 |
| IRS990/CYTotalExpensesAmt | 0 | 4137271 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 30189 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 4335910 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 163250 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 201085 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 32979 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 186883 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 219862 |
| 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/ExpenseAmt | 0 | 2859631 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 15041 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 15041 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 123746 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 89805 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 213551 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 66100 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 66100 |
| 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 | 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/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/PersonNm | 0 | DALE MITCHELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | LAUREN KING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CHARLANDRA WATSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | VINCE DURNAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | WILL JACKSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JANNA SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | RYANN CASEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | SALLIE NORTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | CHARLANE OLIVER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | 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 | 103829 |
| 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/TitleTxt | 0 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | 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 | 9 |
| IRS990/GovernmentGrantsAmt | 0 | 4040627 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 4335910 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 33385 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 33385 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 125168 |
| IRS990/InterestGrp/TotalAmt | 0 | 125168 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 367 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 367 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 27 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 723139 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 3232371 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3944761 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 4667900 |
| 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 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 2629813 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 3683652 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 766433 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 965072 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 30509 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 84754 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 115263 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 78380 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 78380 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 81540 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 48799 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 50104 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 150311 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 200415 |
| IRS990/OtherExpensesGrp/Desc | 0 | FOOD SERVICES |
| IRS990/OtherExpensesGrp/Desc | 1 | INSTRUCTIONAL EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 2 | STAFF DEVELOPMENT |
| IRS990/OtherExpensesGrp/Desc | 3 | ORGANIZATIONAL DEVELOPM |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 30189 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 355345 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 98507 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 80025 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 22018 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 355345 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 98507 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 80025 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 52207 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 51866 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 43901 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 21209 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 21209 |
| IRS990/OtherRevenueTotalAmt | 0 | 21209 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 422168 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 1316347 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1738515 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 33923 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 101769 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 135692 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 32295 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 96883 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 129178 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 158436 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 216779 |
| IRS990/PrincipalOfficerNm | 0 | LAGRA NEWMAN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 3734978 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | -87257 |
| IRS990/PYOtherExpensesAmt | 0 | 1512331 |
| IRS990/PYOtherRevenueAmt | 0 | 12816 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 299618 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1848588 |
| IRS990/PYTotalExpensesAmt | 0 | 3360919 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 3660537 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 198639 |
| 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 | 766433 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 965072 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 2972256 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 76092 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3048348 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 98068 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 143068 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 241136 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 4137271 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 860000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 860000 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 14437 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 503979 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 518416 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 43901 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | NET PENSION LIABILITY |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 4335910 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3944761 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 4137271 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 43901 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 4335910 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 4335910 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 4137271 |
| 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 | 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 | 1 | 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 VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | 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 | 4582176 |
| IRS990/TotalAssetsEOYAmt | 0 | 5237042 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 4582176 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 5237042 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 4314334 |
| IRS990/TotalEmployeeCnt | 0 | 45 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 30189 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 1247451 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 2859631 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 4137271 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 3815743 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 4271970 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 3815743 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 4271970 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 766433 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 965072 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 2859631 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 103829 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 367 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 21209 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 4335910 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 200 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 4582176 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 5237042 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 273520 |
| IRS990/TravelGrp/TotalAmt | 0 | 273520 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 220 VENTURE CIRCLE |
| IRS990/USAddress/CityNm | 0 | NASHVILLE |
| IRS990/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990/USAddress/ZIPCd | 0 | 37228 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | WWW.PURPOSEPREP.ORG |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.