Civic Intelligence

Legacy Traditional School - Gilbert

990 • Fiscal year 2015 • EIN 46-1849277

Jul 01, 2014 to Jun 30, 2015 • Filed on Mar 28, 2016

Organization ProfileGILBERT.LEGACYTRADITIONAL.ORG
3201 S Gilbert Road Bldg AChandler, AZ 85286-5193

(480) 270-5438

Siviq Scores

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

Liabilities / Assets

94th percentile

1.06x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

92nd percentile

3.89x

Higher debt load relative to revenue than 92% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

10th percentile

-19%

Higher net margin than 10% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

82nd percentile

15%

Faster asset growth than 82% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

63rd percentile

8.2%

Faster revenue growth than 63% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$21,289,978

Up $2,851,276 (+15%) from 2014

Net Assets

Down

-$1,208,069

Down $1,117,552 (-1235%) from 2014

Liabilities

Up

$22,498,047

Up $3,968,828 (+21%) from 2014

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin10th percentile

Revenue

Up

$5,778,957

Up $440,079 (+8.2%) from 2014

Expenses

Up

$6,896,509

Up $1,005,851 (+17%) from 2014

Net Income

Down

-$1,117,552

Down $565,772 (-103%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$30M$20M$10M$0-$10MAssets 2013: $1,022,718Liabilities 2013: $561,455Net Assets 2013: $461,2632013Assets 2014: $18,438,702Liabilities 2014: $18,529,219Net Assets 2014: -$90,5172014Assets 2015: $21,289,978Liabilities 2015: $22,498,047Net Assets 2015: -$1,208,0692015Assets 2016: $21,868,071Liabilities 2016: $23,030,460Net Assets 2016: -$1,162,3892016Assets 2017: $21,649,488Liabilities 2017: $22,502,381Net Assets 2017: -$852,8932017Assets 2018: $21,016,802Liabilities 2018: $22,158,623Net Assets 2018: -$1,141,8212018Assets 2019: $20,683,490Liabilities 2019: $21,848,793Net Assets 2019: -$1,165,3032019Assets 2020: $21,380,492Liabilities 2020: $22,486,769Net Assets 2020: -$1,106,2772020Assets 2021: $20,223,510Liabilities 2021: $21,491,018Net Assets 2021: -$1,267,5082021Assets 2022: $20,661,693Liabilities 2022: $20,940,478Net Assets 2022: -$278,7852022Assets 2023: $21,414,010Liabilities 2023: $21,320,459Net Assets 2023: $93,5512023Assets 2024: $20,899,805Liabilities 2024: $20,397,505Net Assets 2024: $502,3002024

Highlighted filing

2015

Assets$21,289,978
Liabilities$22,498,047
Net Assets-$1,208,069
Open 2015 Filing

Operations Trend

Revenue Growth63rd percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2013: $609,558Expenses 2013: $148,295Net Income 2013: $461,2632013Revenue 2014: $5,338,878Expenses 2014: $5,890,658Net Income 2014: -$551,7802014Revenue 2015: $5,778,957Expenses 2015: $6,896,509Net Income 2015: -$1,117,5522015Revenue 2016: $7,414,140Expenses 2016: $7,368,460Net Income 2016: $45,6802016Revenue 2017: $8,303,016Expenses 2017: $7,993,520Net Income 2017: $309,4962017Revenue 2018: $7,955,967Expenses 2018: $8,244,895Net Income 2018: -$288,9282018Revenue 2019: $8,702,587Expenses 2019: $8,726,069Net Income 2019: -$23,4822019Revenue 2020: $9,229,895Expenses 2020: $9,170,869Net Income 2020: $59,0262020Revenue 2021: $9,882,318Expenses 2021: $10,043,549Net Income 2021: -$161,2312021Revenue 2022: $11,688,553Expenses 2022: $10,699,830Net Income 2022: $988,7232022Revenue 2023: $12,113,449Expenses 2023: $11,741,113Net Income 2023: $372,3362023Revenue 2024: $11,813,270Expenses 2024: $11,404,521Net Income 2024: $408,7492024

Highlighted filing

2015

Revenue$5,778,957
Expenses$6,896,509
Net Income-$1,117,552
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Mar 28, 2016
Return Version
2014v6.0
Gross Receipts
$5,778,957
Mission and Program Overview

Mission

To provide motivated students with the opportunity to achieve academic excellence in an accelerated, back-to-basics, safe learning environment taught by caring, knowledgeable, and highly effective educators in cooperation with supportive, involved parents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,845,289$18,496,354▲ $651,065
Savings and Temporary Cash Investments-$1,679,967-
Loans From Officers Directors$261,203$545,809▲ $284,606
Cash and Non-Interest-Bearing Accounts$451,460$481,430▲ $29,970
Accounts Receivable$42,478$60,519▲ $18,041
Total Assets$18,438,702$21,289,978▲ $2,851,276
Other Assets Total$99,475$571,708▲ $472,233
Liabilities
Mortgage Notes Payable Secured by Investment Property$17,440,288$20,483,617▲ $3,043,329
Other Liabilities$500,880$880,524▲ $379,644
Accounts Payable and Accrued Expenses$326,848$588,097▲ $261,249
Total Liabilities$18,529,219$22,498,047▲ $3,968,828
Net Assets / Fund Balance
Unrestricted Net Assets$-90,517$-1,208,069▼ $1,117,552
Total Net Assets Fund Balance$-90,517$-1,208,069▼ $1,117,552
Total Liabilities and Net Assets / Fund Balance$18,438,702$21,289,978▲ $2,851,276

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,023,641$688,326$14,711,967
Land$3,668,612-$3,668,612
Other Land Buildings$775,111$287,379$1,062,490
Equipment$28,990$48,321$77,311
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Nathan SchlinkPresident
William GregoryVice President/secretary
Cory TheobaldDirector
Derek SamuelDirector
Jenni FerrinDirector
Brandon JonesCEO
Daniel BangCEO (departed 7/16/15)
Aaron HaleTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Charter School Fund Avondale LLCLease420 E STATE ST STE 130, Eagle, ID 83616$1,276,811
Cfe Management Group LLCManagement Services3201 S GILBERT RD BLDG A, Chandler, AZ 85286$670,338
Cfe Management Group LLCBenefits3201 S GILBERT RD BLDG A, Chandler, AZ 85286$287,077
Legacy Traditional SchoolsEducation Services3201 S GILBERT RD BLDG A, Chandler, AZ 85286$230,454
Revenue and Support

Revenue Composition

Contributions and Grants
$5,428,343
Program Service Revenue
$313,943
Investment Income
$3,973
Other Revenue
$32,698
All Other Contributions
$35,789
Change in Net Assets
$-1,117,552

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,778,957
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,778,957
Total Revenue per Form 990
$5,778,957
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,657,773
Salaries, Compensation, and Employee Benefits$3,238,736
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,453,919$69,844-$2,523,763
Interest$1,185,790$131,754-$1,317,544
Fees for Services Management$166,709$666,838-$833,547
Depreciation Depletion$520,357$57,817-$578,174
Other Employee Benefits$449,831--$449,831
Office Expenses$271,404$14,871-$286,275
Fees for Services Other$271,463--$271,463
Payroll Taxes$205,335$10,807-$216,142
Occupancy$79,837$19,958-$99,795
Advertising-$76,385-$76,385
All Other Expenses$47,086$4,049-$51,135
Pension Plan Contributions$47,544$1,456-$49,000
Insurance$19,317$4,829-$24,146
Information Technology$18,037$4,509-$22,546
Fees for Services Accounting-$22,125-$22,125
Fees for Services Legal-$15,618-$15,618
Other Expenses$3,442$3,426-$3,442
Conferences and Meetings$1,488--$1,488
Travel$515--$515
Total Functional Expenses$5,789,057$1,107,452$0$6,896,509

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,896,509
Total Expenses per Audited Statements$6,896,509
Total Expenses per Form 990$6,896,509
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-100% CONTROLLED ENTITY OF TWO CURRENT OFFICERSManagement FeesNo$833,547
-100% CONTROLLED ENTITY OF TWO CURRENT OFFICERSSpecial Education ServicesNo$235,495

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$261,203$545,809▲ $284,606
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Ltcs - Casa Grande$541,792
Due to Ltcs - Maricopa$188,813
Due to Ltcs - Tucson$149,919

Bond Issues

BondIssuerIssuedIssue PricePurpose
AThe Industrial Development Authority of the City of Phoenix Arizona2015-04-09$20,485,190FINANCING CHARTER SCHOOL

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$20,485,190--$529,716

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
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 2

“Nathan schlink, the organization's president, and cory theobald, director, have a family relationship with the organization's treasurer aaron hale. William gregory, the organization's secretary and vice president, aaron hale, treasurer, and brandon jones, ceo, have a business relationship.”

Form 990, Part VI, Section A, Line 3

“The school had a management services agreement executed on july 1, 2013 with cfe management group, llc. In accordance with the management service agreement, cfe management group provides assistance with the operations and management of the school in the areas of school development, financial services, human resources, information systems, facilities management and food services.”

Form 990, Part VI, Section A, Line 8B

“The organization does not have any committee with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11

“The form 990 is emailed to each of the organization's governing board members for review prior to being filed.”

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

“Each officer, director, trustee, or key employee must annually sign a statement that affirms that such person has received a copy of the conflict of interest policy, has read and understands the policy and has agreed to comply with the policy. If any person who is a director or officer is aware that the organization is about to enter into any business transaction directly or indirectly with such person, any member of that person's family, or any entity in which that person has any legal, equitable or fiduciary interest or position, such person shall (a) immediately inform those charged with approving the transaction on behalf of the organization of such person's interest or position, (b) aid the persons charged with making the decision by disclosing any material facts within such person's knowledge that bear on the advisability of such transaction from the standpoint of the organization, and (c) not be entitiled to vote on the decision to enter into such transaction. A copy of the conflict of interest policy will be maintained in the corporate records, and the board will review that policy on an annual basis.”

Form 990, Part VI, Section C, Line 19

“Certain of the organization's governing documents are available to the public through websites of state government agencies. The organization considers specific requests for its governing documents, conflict of interest policy, and financial statements on a case-by-case basis.”

FORM 990, PART VI, SECTION C, LINE 17:

“Educational organizations exempt under ars section 43-1201(4) are not required to file a copy of their federal form 990 with the state of arizona.”

Filing and Contact Details

Filer

Filer Name
Legacy Traditional School - Gilbert
EIN
46-1849277
Phone
4802705438
Address
3201 S GILBERT ROAD BLDG A, CHANDLER, AZ 85286-5193

Signing Officer

Name
William Gregory
Title
Secretary
Phone
4802705438
Signed
2016-03-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Gregory
Formed
2012
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
4
Employees
119
Volunteers
897

Preparer

Firm
Schmidt Westergard & Company Pllc
Address
77 WEST UNIVERSITY DRIVE, MESA, AZ 85201-5830
Preparer
Jeffrey a Bither
Phone
4808346030
Supplemental Narrative

Additional Explanations

FORM 990, PART IX, COLUMN D:

“The organization has revenue classified as contributions but no fundraising expense as substantially all government grants are payments through charter school contracts from the arizona department of education.”

FORM 990, PART XII, LINE 2C:

“No changes have been made to the oversight process or the selection process from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The school is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code (the "irc") and similar arizona provisions. In addition, the school has been classified as an organization other than a private foundation under section 509(a)(1) of the irc. However, income from certain activities not directly related to the school's tax-exempt purpose may be subject to taxation as unrelated business income. There is no provision for income taxes in the accompanying financial statements because there is no significant unrelated business income. The school follows the guidance issued by the financial accounting standards board ("fasb") related to accounting for income tax uncertainties. Under this guidance, the school accounts for the effect of any uncertain tax positions based on whether it is "more-likely-than-not" that the position will be sustained by the taxing authority upon examination. The school routinely evaluates potential uncertain tax positions. The school has identified its status as an exempt organization as a tax position; however, the school has determined that such tax position does not result in an uncertainty that requires recognition. The school files informational and income tax returns in the u.s. Federal jurisdiction and in certain state and local jurisdictions. As of june 30, 2015, u.s. Federal informational tax return and the arizona informational return from the period from december 14, 2012 to june 30, 2013 and for the year ended june 30, 2014 have been filed and are open to assessment. There were no amounts of accrued interest or penalties as of june 30, 2015 or 2014.”

Raw XML AppendixShowing 400 of 740 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/BOYAmt0326848
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0588097
IRS990/AccountsReceivableGrp/BOYAmt042478
IRS990/AccountsReceivableGrp/EOYAmt060519
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE MOTIVATED STUDENTS WITH THE OPPORTUNITY TO ACHIEVE ACADEMIC EXCELLENCE IN AN ACCELERATED, BACK-TO-BASICS, SAFE LEARNING ENVIRONMENT TAUGHT BY CARING, KNOWLEDGEABLE, AND HIGHLY EFFECTIVE EDUCATORS IN COOPERATION WITH SUPPORTIVE, INVOLVED PARENTS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt076385
IRS990/AdvertisingGrp/TotalAmt076385
IRS990/AllOtherContributionsAmt035789
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04049
IRS990/AllOtherExpensesGrp/ProgramServicesAmt047086
IRS990/AllOtherExpensesGrp/TotalAmt051135
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0COREY KENNEDY
IRS990/BooksInCareOfDetail/PhoneNum04802705438
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03201 S GILBERT RD BLDG A
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHANDLER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0852865193
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0451460
IRS990/CashNonInterestBearingGrp/EOYAmt0481430
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt04
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01488
IRS990/ConferencesMeetingsGrp/TotalAmt01488
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt01276811
IRS990/ContractorCompensationGrp/CompensationAmt1670338
IRS990/ContractorCompensationGrp/CompensationAmt2287077
IRS990/ContractorCompensationGrp/CompensationAmt3230454
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0420 E STATE ST STE 130
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt13201 S GILBERT RD BLDG A
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt23201 S GILBERT RD BLDG A
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt33201 S GILBERT RD BLDG A
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0EAGLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1CHANDLER
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2CHANDLER
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3CHANDLER
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0ID
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1AZ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2AZ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3AZ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd083616
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd185286
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd285286
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd385286
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0THE CHARTER SCHOOL FUND AVONDALE LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1CFE MANAGEMENT GROUP LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2CFE MANAGEMENT GROUP LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3LEGACY TRADITIONAL SCHOOLS
IRS990/ContractorCompensationGrp/ServicesDesc0LEASE
IRS990/ContractorCompensationGrp/ServicesDesc1MANAGEMENT SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc2BENEFITS
IRS990/ContractorCompensationGrp/ServicesDesc3EDUCATION SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05428343
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03973
IRS990/CYOtherExpensesAmt03657773
IRS990/CYOtherRevenueAmt032698
IRS990/CYProgramServiceRevenueAmt0313943
IRS990/CYRevenuesLessExpensesAmt0-1117552
IRS990/CYSalariesCompEmpBnftPaidAmt03238736
IRS990/CYTotalExpensesAmt06896509
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05778957
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt057817
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0520357
IRS990/DepreciationDepletionGrp/TotalAmt0578174
IRS990/Desc0DURING THE CURRENT YEAR, THE ORGANIZATION PROVIDED HIGH QUALITY EDUCATIONAL SERVICES TO APPROXIMATELY 897 STUDENTS IN KINDERGARTEN THROUGH 8TH GRADE AT ITS CAMPUS IN GILBERT, ARIZONA. THOSE STUDENTS EXPERIENCED A WELL-ROUNDED EDUCATION THAT INCLUDED READING, WRITING, MATHEMATICS, SCIENCE, SOCIAL STUDIES, HISTORY, MUSIC, ART, AND PHYSICAL EDUCATION, AS WELL AS EXTRACURRICULAR ACTIVITIES INCLUDING ATHLETICS, CLUBS, FIELD TRIPS, AND DAILY TUTORING.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0119
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt05789057
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt022125
IRS990/FeesForServicesAccountingGrp/TotalAmt022125
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt015618
IRS990/FeesForServicesLegalGrp/TotalAmt015618
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0666838
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0166709
IRS990/FeesForServicesManagementGrp/TotalAmt0833547
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0271463
IRS990/FeesForServicesOtherGrp/TotalAmt0271463
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt48.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt58.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt68.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0JENNI FERRIN
IRS990/Form990PartVIISectionAGrp/PersonNm1DEREK SAMUEL
IRS990/Form990PartVIISectionAGrp/PersonNm2CORY THEOBALD
IRS990/Form990PartVIISectionAGrp/PersonNm3NATHAN SCHLINK
IRS990/Form990PartVIISectionAGrp/PersonNm4WILLIAM GREGORY
IRS990/Form990PartVIISectionAGrp/PersonNm5AARON HALE
IRS990/Form990PartVIISectionAGrp/PersonNm6BRANDON JONES
IRS990/Form990PartVIISectionAGrp/PersonNm7DANIEL BANG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO (DEPARTED 7/16/15)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt05392554
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05778957
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04509
IRS990/InformationTechnologyGrp/ProgramServicesAmt018037
IRS990/InformationTechnologyGrp/TotalAmt022546
IRS990/InsuranceGrp/ManagementAndGeneralAmt04829
IRS990/InsuranceGrp/ProgramServicesAmt019317
IRS990/InsuranceGrp/TotalAmt024146
IRS990/InterestGrp/ManagementAndGeneralAmt0131754
IRS990/InterestGrp/ProgramServicesAmt01185790
IRS990/InterestGrp/TotalAmt01317544
IRS990/InvestmentIncomeGrp/ExclusionAmt03973
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03973
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01024026
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017845289
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018496354
IRS990/LandBldgEquipCostOrOtherBssAmt019520380
IRS990/LegalDomicileStateCd0AZ
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0261203
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0545809
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE MOTIVATED STUDENTS WITH THE OPPORTUNITY TO ACHIEVE ACADEMIC EXCELLENCE IN AN ACCELERATED, BACK-TO-BASICS, SAFE LEARNING ENVIRONMENT TAUGHT BY CARING, KNOWLEDGEABLE, AND HIGHLY EFFECTIVE EDUCATORS IN COOPERATION WITH SUPPORTIVE, INVOLVED PARENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt017440288
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt020483617
IRS990/NetAssetsOrFundBalancesBOYAmt0-90517
IRS990/NetAssetsOrFundBalancesEOYAmt0-1208069
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt019958
IRS990/OccupancyGrp/ProgramServicesAmt079837
IRS990/OccupancyGrp/TotalAmt099795
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014871
IRS990/OfficeExpensesGrp/ProgramServicesAmt0271404
IRS990/OfficeExpensesGrp/TotalAmt0286275
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt099475
IRS990/OtherAssetsTotalGrp/EOYAmt0571708
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0449831
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0449831
IRS990/OtherExpensesGrp/Desc0DUES AND FEES
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2FIELD TRIPS
IRS990/OtherExpensesGrp/Desc3UNIFORMS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03166
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13426
IRS990/OtherExpensesGrp/ProgramServicesAmt017942
IRS990/OtherExpensesGrp/ProgramServicesAmt113705
IRS990/OtherExpensesGrp/ProgramServicesAmt215336
IRS990/OtherExpensesGrp/ProgramServicesAmt33442
IRS990/OtherExpensesGrp/TotalAmt021108
IRS990/OtherExpensesGrp/TotalAmt117131
IRS990/OtherExpensesGrp/TotalAmt215336
IRS990/OtherExpensesGrp/TotalAmt33442
IRS990/OtherLiabilitiesGrp/BOYAmt0500880
IRS990/OtherLiabilitiesGrp/EOYAmt0880524
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt032698
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt032698
IRS990/OtherRevenueTotalAmt032698
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt069844
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02453919
IRS990/OtherSalariesAndWagesGrp/TotalAmt02523763
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010807
IRS990/PayrollTaxesGrp/ProgramServicesAmt0205335
IRS990/PayrollTaxesGrp/TotalAmt0216142
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01456
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt047544
IRS990/PensionPlanContributionsGrp/TotalAmt049000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0WILLIAM GREGORY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0LUNCH FEES
IRS990/ProgramServiceRevenueGrp/Desc1SCHOOL PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc2TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0187978
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt164849
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt261116
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0187978
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt164849
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt261116
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05099793
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02259
IRS990/PYOtherExpensesAmt03056259
IRS990/PYOtherRevenueAmt035607
IRS990/PYProgramServiceRevenueAmt0201219
IRS990/PYRevenuesLessExpensesAmt0-551780
IRS990/PYSalariesCompEmpBnftPaidAmt02834399
IRS990/PYTotalExpensesAmt05890658
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05338878
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1117552
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0346641
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01679967
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt014023641
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0688326
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014711967
IRS990ScheduleD/EquipmentGrp/BookValueAmt028990
IRS990ScheduleD/EquipmentGrp/DepreciationAmt048321
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt077311
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06896509
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03668612
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03668612
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0775111
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0287379
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01062490
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0541792
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1188813
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2149919
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO LTCS - CASA GRANDE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO LTCS - MARICOPA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO LTCS - TUCSON
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05778957
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "IRC") AND SIMILAR ARIZONA PROVISIONS. IN ADDITION, THE SCHOOL HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) OF THE IRC. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE SCHOOL'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THERE IS NO PROVISION FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS BECAUSE THERE IS NO SIGNIFICANT UNRELATED BUSINESS INCOME. THE SCHOOL FOLLOWS THE GUIDANCE ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") RELATED TO ACCOUNTING FOR INCOME TAX UNCERTAINTIES. UNDER THIS GUIDANCE, THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON WHETHER IT IS "MORE-LIKELY-THAN-NOT" THAT THE POSITION WILL BE SUSTAINED BY THE TAXING AUTHORITY UPON EXAMINATION. THE SCHOOL ROUTINELY EVALUATES POTENTIAL UNCERTAIN TAX POSITIONS. THE SCHOOL HAS IDENTIFIED ITS STATUS AS AN EXEMPT ORGANIZATION AS A TAX POSITION; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY THAT REQUIRES RECOGNITION. THE SCHOOL FILES INFORMATIONAL AND INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN CERTAIN STATE AND LOCAL JURISDICTIONS. AS OF JUNE 30, 2015, U.S. FEDERAL INFORMATIONAL TAX RETURN AND THE ARIZONA INFORMATIONAL RETURN FROM THE PERIOD FROM DECEMBER 14, 2012 TO JUNE 30, 2013 AND FOR THE YEAR ENDED JUNE 30, 2014 HAVE BEEN FILED AND ARE OPEN TO ASSESSMENT. THERE WERE NO AMOUNTS OF ACCRUED INTEREST OR PENALTIES AS OF JUNE 30, 2015 OR 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018496354
IRS990ScheduleD/TotalExpensesPerForm990Amt06896509
IRS990ScheduleD/TotalLiabilityAmt0880524
IRS990ScheduleD/TotalRevenuePerForm990Amt05778957
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05778957
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06896509
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S STAFF INFORMS INTERESTED PARENTS AND STUDENTS OF THE RACIALLY NONDISCRIMINATORY POLICY IN THE ENROLLMENT PROCESS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL RECEIVES REVENUE FROM THE FEDERAL AND STATE GOVERNMENTS FOR EDUCATIONAL PROGRAMS AND FROM THE STATE OF ARIZONA FOR STATE EQUALIZATION ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0UNDER AN INDENTURE OF TRUST AND RELATED AGREEMENTS DATED APRIL 1, 2015, THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX, ARIZONA, A GOVERNMENTAL ISSUER, ISSUED EDUCATION FACILITY REVENUE BONDS (LEGACY TRADITIONAL SCHOOLS PROJECTS) SERIES 2015 AND LOANED THE PROCEEDS THEREOF TO ATHLOS TRADITIONAL ACADEMY (NKA LEGACY TRADITIONAL SCHOOL - CHANDLER), AS REPRESENTATIVE OF AN OBLIGATED GROUP (THE "OBLIGATED GROUP") THAT INCLUDES THE FOLLOWING ORGANIZATIONS: LEGACY TRADITIONAL SCHOOL - GILBERT AND LEGACY TRADITIONAL SCHOOL - MARICOPA FOR THE PURPOSE OF FINANCING AND REFINANCING THE COSTS OF ACQUIRING, RENOVATING AND EQUIPPING THE CAMPUS FACILITIES OF EACH OF THESE ORGANIZATIONS. THE MEMBERS OF THE OBLIGATED GROUP ARE JOINTLY AND SEVERALLY LIABLE FOR THE ENTIRE BOND ISSUE. HOWEVER, THE AMOUNT OF THE ISSUE PRICE IN ITEM (E) (AND THE AMOUNTS SHOWN IN PART II) IS THE PORTION ALLOCATED TO FINANCING THE CAMPUS FACILITIES OF THIS ORGANIZATION, AND THE AMOUNT DIFFERS FROM THE TOTAL BOND ISSUE PRICE REPORTED ON FORM 8038-G WHICH WAS THE TOTAL OF THE BOND ISSUE PRICE. THE TWO ORGANIZATIONS NAMED ABOVE ARE REPORTING EACH OF THEIR RESPECTIVE ALLOCATED PORTIONS OF THE TOTAL.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,289,978
Liabilities
$22,498,047
Net assets
-$1,208,069
Revenue
$5,778,957
Expenses
$6,896,509
Net income
-$1,117,552
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.9$20.4$0.50$11.8$11.4$0.41
2023Detailed filing. Detailed filing data is available for this year.$21.4$21.3$0.09$12.1$11.7$0.37
2022Detailed filing. Detailed filing data is available for this year.$20.7$20.9$0.28$11.7$10.7$0.99
2021Detailed filing. Detailed filing data is available for this year.$20.2$21.5$1.27$9.88$10.0$0.16
2020Detailed filing. Detailed filing data is available for this year.$21.4$22.5$1.11$9.23$9.17$0.06
2019Detailed filing. Detailed filing data is available for this year.$20.7$21.8$1.17$8.70$8.73$0.02
2018Detailed filing. Detailed filing data is available for this year.$21.0$22.2$1.14$7.96$8.24$0.29
2017Detailed filing. Detailed filing data is available for this year.$21.6$22.5$0.85$8.30$7.99$0.31
2016Detailed filing. Detailed filing data is available for this year.$21.9$23.0$1.16$7.41$7.37$0.05
2015Detailed filing. Detailed filing data is available for this year.$21.3$22.5$1.21$5.78$6.90$1.12
2014Detailed filing. Detailed filing data is available for this year.$18.4$18.5$0.09$5.34$5.89$0.55
2013Summary only. Only limited summary data is available for this year.$1.02$0.56$0.46$0.61$0.15$0.46