Civic Intelligence

Lead Academy Classical School

990 • Fiscal year 2016 • EIN 46-3044025

Jul 01, 2015 to Jun 30, 2016 • Filed on Aug 29, 2016

Organization ProfileWWW.LEADACADEMYLIONS.COM
4106 Berryhill RdPace, FL 32571

(850) 995-1900

Siviq Scores

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

Liabilities / Assets

89th percentile

0.86x

Higher debt load relative to assets than 89% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

86th percentile

1.18x

Higher debt load relative to revenue than 86% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

69th percentile

10%

Higher net margin than 69% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

42nd percentile

$40,667

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

89th percentile

37%

Faster asset growth than 89% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

87th percentile

44%

Faster revenue growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$1,241,988

Up $333,555 (+37%) from 2015

Net Assets

Up

$168,882

Up $107,713 (+176%) from 2015

Liabilities

Up

$1,073,106

Up $225,842 (+27%) from 2015

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin69th percentile

Revenue

Up

$911,671

Up $280,048 (+44%) from 2015

Expenses

Up

$818,449

Up $200,102 (+32%) from 2015

Net Income

Up

$93,222

Up $79,946 (+602%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$10M$5.0M$0Assets 2013: $1Liabilities 2013: $02013Assets 2014: $911,372Liabilities 2014: $863,479Net Assets 2014: $47,8932014Assets 2015: $908,433Liabilities 2015: $847,264Net Assets 2015: $61,1692015Assets 2016: $1,241,988Liabilities 2016: $1,073,106Net Assets 2016: $168,8822016Assets 2017: $2,471,084Liabilities 2017: $1,495,340Net Assets 2017: $975,7442017Assets 2018: $3,048,123Liabilities 2018: $1,323,282Net Assets 2018: $1,724,8412018Assets 2019: $3,703,444Liabilities 2019: $1,327,851Net Assets 2019: $2,375,5932019Assets 2020: $5,037,197Liabilities 2020: $2,641,765Net Assets 2020: $2,395,4322020Assets 2021: $6,449,640Liabilities 2021: $3,294,451Net Assets 2021: $3,155,1892021Assets 2022: $8,430,083Liabilities 2022: $5,229,778Net Assets 2022: $3,200,3052022Assets 2023: $8,121,007Liabilities 2023: $5,064,670Net Assets 2023: $3,056,3372023Assets 2024: $7,683,948Liabilities 2024: $4,644,574Net Assets 2024: $3,039,3742024Assets 2025: $7,477,487Liabilities 2025: $4,222,095Net Assets 2025: $3,255,3922025

Highlighted filing

2016

Assets$1,241,988
Liabilities$1,073,106
Net Assets$168,882
Open 2016 Filing

Operations Trend

Revenue Growth87th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $217,374Expenses 2014: $169,481Net Income 2014: $47,8932014Revenue 2015: $631,623Expenses 2015: $618,347Net Income 2015: $13,2762015Revenue 2016: $911,671Expenses 2016: $818,449Net Income 2016: $93,2222016Revenue 2017: $1,884,403Expenses 2017: $1,077,541Net Income 2017: $806,8622017Revenue 2018: $2,237,576Expenses 2018: $1,488,479Net Income 2018: $749,0972018Revenue 2019: $2,631,791Expenses 2019: $1,981,039Net Income 2019: $650,7522019Revenue 2020: $2,586,912Expenses 2020: $2,567,073Net Income 2020: $19,8392020Revenue 2021: $3,627,606Expenses 2021: $2,867,849Net Income 2021: $759,7572021Revenue 2022: $4,103,499Expenses 2022: $4,058,383Net Income 2022: $45,1162022Revenue 2023: $4,486,768Expenses 2023: $4,630,736Net Income 2023: -$143,9682023Revenue 2024: $4,044,119Expenses 2024: $4,061,082Net Income 2024: -$16,9632024Revenue 2025: $3,901,031Expenses 2025: $3,645,013Net Income 2025: $256,0182025

Highlighted filing

2016

Revenue$911,671
Expenses$818,449
Net Income$93,222
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Aug 29, 2016
Return Version
2015v2.1
Gross Receipts
$933,910
Mission and Program Overview

Mission

The lead academy classical school is organized exclusively for charitable, religious, and scientific purposes under section 501(c)(3) of the irc. The specific purpose for which this corporation is to serve as a private christian classical school using a classical curriculum model for the purpose of instructing and educating students in grades k-12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$892,589$1,110,872▲ $218,283
Cash and Non-Interest-Bearing Accounts-$107,401-
Loans From Officers Directors$130,381$96,187▼ $34,194
Savings and Temporary Cash Investments$10,976$14,724▲ $3,748
Intangible Assets$4,868$2,991▼ $1,877
Total Assets$908,433$1,241,988▲ $333,555
Other Assets Total-$6,000-
Liabilities
Mortgage Notes Payable Secured by Investment Property$695,640$835,743▲ $140,103
Deferred Revenue-$129,513-
Accounts Payable and Accrued Expenses$21,243$11,663▼ $9,580
Total Liabilities$847,264$1,073,106▲ $225,842
Net Assets / Fund Balance
Unrestricted Net Assets$61,169$168,882▲ $107,713
Total Net Assets Fund Balance$61,169$168,882▲ $107,713
Total Liabilities and Net Assets / Fund Balance$908,433$1,241,988▲ $333,555

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$799,642$42,824$842,466
Land$248,829-$248,829
Equipment$58,485$13,403$71,888
Leasehold Improvements$3,916$597$4,513
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kace BrowningDirectorFT$40,667$40,667

Board Members and Trustees

NameTitle
Henry F LayChairman
Ebb EbbesenDirector
Linda AmoreDirector
Robert DunnDirector
Robert FreemanDirector
Steve TownleyDirector
Wayne ForbushDirector
Michael a BellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$94,388
Program Service Revenue
$801,634
Investment Income
$3
Other Revenue
$15,646
All Other Contributions
$94,388
Change in Net Assets
$93,222
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$461,762
Other Expenses$356,687
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$339,829$84,957-$424,786
Occupancy$47,702$11,925-$59,627
Interest-$46,270-$46,270
Office Expenses$36,028$9,007-$45,035
All Other Expenses$26,430$17,548-$43,978
Payroll Taxes$29,581$7,395-$36,976
Depreciation Depletion$22,347$6,641-$28,988
Insurance$9,316$2,329-$11,645
Travel-$11,585-$11,585
Other Expenses$8,049$2,012-$10,061
Fees for Services Accounting-$8,891-$8,891
Conferences and Meetings$2,336$584-$2,920
Information Technology$922$230-$1,152
Advertising$1,063--$1,063
Total Functional Expenses$602,640$215,809$0$818,449
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$37,885
Fundraising Direct Expenses$22,239
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bbq Fundraiser$37,885$37,885$22,239$15,646
Total Events$37,885$37,885$22,239$15,646
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
Linda Amore EstateOfficerLand PurchaseNo$185,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$130,381$96,187▼ $34,194
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

“Michael a bell 6690 chumuckla hwy pace, fl 32571 linda amore kace browning robert dunn ebb ebbesen robert freeman steve townley wayne forbush”

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Lead Academy Classical School
EIN
46-3044025
Phone
8509951900
Address
4106 BERRYHILL RD, PACE, FL 32571

Signing Officer

Name
Henry F Lay
Title
Chairman
Phone
8509951900
Signed
2016-08-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Henry F Lay
Formed
2013
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
7
Employees
32

Preparer

Firm
Allen Pritchett & Bassett Llp
Address
PO BOX 349, TIFTON, GA 31793-0349
Preparer
Keri Jones CPA
Phone
2293826960
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The lead academy classical school is organized exclusively for charitable, religious, and scientific purposes under section 501(c)(3) of the irc. The specific purpose for which this corporation is to serve as a private christian classical school using a classical curriculum model for the purpose of instructing and educating students in grades k-12.”

Raw XML AppendixShowing 400 of 419 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt021243
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011663
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE LEAD ACADEMY CLASSICAL SCHOOL IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND SCIENTIFIC PURPOSES UNDER SECTION 501(C)(3) OF THE IRC. THE SPECIFIC PURPOSE FOR WHICH THIS CORPORATION IS TO SERVE AS A PRIVATE CHRISTIAN CLASSICAL SCHOOL USING A CLASSICAL CURRICULUM MODEL FOR THE PURPOSE OF INSTRUCTING AND EDUCATING STUDENTS IN GRADES K-12.
IRS990/AdvertisingGrp/ProgramServicesAmt01063
IRS990/AdvertisingGrp/TotalAmt01063
IRS990/AllOtherContributionsAmt094388
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt017548
IRS990/AllOtherExpensesGrp/ProgramServicesAmt026430
IRS990/AllOtherExpensesGrp/TotalAmt043978
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0HENRY F LAY
IRS990/BooksInCareOfDetail/PhoneNum08509951900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04106 BERRYHILL RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0PACE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd032571
IRS990/BusinessRlnWithFamMemInd0true
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/EOYAmt0107401
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0584
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02336
IRS990/ConferencesMeetingsGrp/TotalAmt02920
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt094388
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03
IRS990/CYOtherExpensesAmt0356687
IRS990/CYOtherRevenueAmt015646
IRS990/CYProgramServiceRevenueAmt0801634
IRS990/CYRevenuesLessExpensesAmt093222
IRS990/CYSalariesCompEmpBnftPaidAmt0461762
IRS990/CYTotalExpensesAmt0818449
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0911671
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt0129513
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06641
IRS990/DepreciationDepletionGrp/ProgramServicesAmt022347
IRS990/DepreciationDepletionGrp/TotalAmt028988
IRS990/Desc0THE SPECIFIC PURPOSE FOR WHICH THIS CORPORATION IS TO SERVE AS A PRIVATE CHRISTIAN CLASSICAL SCHOOL USING A CLASSICAL CURRICULUM MODEL FOR THE PURPOSE OF INSTRUCTING AND EDUCATING STUDENTS IN GRADES K-12.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt032
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0602640
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08891
IRS990/FeesForServicesAccountingGrp/TotalAmt08891
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0KACE BROWNING
IRS990/Form990PartVIISectionAGrp/PersonNm1HENRY F LAY
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL A BELL
IRS990/Form990PartVIISectionAGrp/PersonNm3LINDA AMORE
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBERT DUNN
IRS990/Form990PartVIISectionAGrp/PersonNm5EBB EBBESEN
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT FREEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7STEVE TOWNLEY
IRS990/Form990PartVIISectionAGrp/PersonNm8WAYNE FORBUSH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt040667
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
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/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt022239
IRS990/FundraisingGrossIncomeAmt037885
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0933910
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0230
IRS990/InformationTechnologyGrp/ProgramServicesAmt0922
IRS990/InformationTechnologyGrp/TotalAmt01152
IRS990/InsuranceGrp/ManagementAndGeneralAmt02329
IRS990/InsuranceGrp/ProgramServicesAmt09316
IRS990/InsuranceGrp/TotalAmt011645
IRS990/IntangibleAssetsGrp/BOYAmt04868
IRS990/IntangibleAssetsGrp/EOYAmt02991
IRS990/InterestGrp/ManagementAndGeneralAmt046270
IRS990/InterestGrp/TotalAmt046270
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt03
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt056824
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0892589
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01110872
IRS990/LandBldgEquipCostOrOtherBssAmt01167696
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0130381
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt096187
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE LEAD ACADEMY CLASSICAL SCHOOL IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND SCIENTIFIC PURPOSES UNDER SECTION 501(C)(3) OF THE IRC. THE SPECIFIC PURPOSE FOR WHICH THIS CORPORATION IS TO SERVE AS A PRIVATE CHRISTIAN CLASSICAL SCHOOL USING A CLASSICAL CURRICULUM MODEL FOR THE PURPOSE OF INSTRUCTING AND EDUCATING STUDENTS IN GRADES K-12.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0695640
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0835743
IRS990/NetAssetsOrFundBalancesBOYAmt061169
IRS990/NetAssetsOrFundBalancesEOYAmt0168882
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt015646
IRS990/NoncashContributionsAmt024800
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt011925
IRS990/OccupancyGrp/ProgramServicesAmt047702
IRS990/OccupancyGrp/TotalAmt059627
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09007
IRS990/OfficeExpensesGrp/ProgramServicesAmt036028
IRS990/OfficeExpensesGrp/TotalAmt045035
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt06000
IRS990/OtherExpensesGrp/Desc0CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc1SCHOOL SUPPLIES
IRS990/OtherExpensesGrp/Desc2CURRICULUM
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06435
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12012
IRS990/OtherExpensesGrp/ProgramServicesAmt040446
IRS990/OtherExpensesGrp/ProgramServicesAmt125741
IRS990/OtherExpensesGrp/ProgramServicesAmt212850
IRS990/OtherExpensesGrp/ProgramServicesAmt38049
IRS990/OtherExpensesGrp/TotalAmt040446
IRS990/OtherExpensesGrp/TotalAmt132176
IRS990/OtherExpensesGrp/TotalAmt212850
IRS990/OtherExpensesGrp/TotalAmt310061
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt084957
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0339829
IRS990/OtherSalariesAndWagesGrp/TotalAmt0424786
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07395
IRS990/PayrollTaxesGrp/ProgramServicesAmt029581
IRS990/PayrollTaxesGrp/TotalAmt036976
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0HENRY F LAY
IRS990/PriorPeriodAdjustmentsAmt014491
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INCOME, TUITION
IRS990/ProgramServiceRevenueGrp/Desc1INCOME, STEP UP SCHOLARSHIPS
IRS990/ProgramServiceRevenueGrp/Desc2INCOME, ENRICHMENT DAY
IRS990/ProgramServiceRevenueGrp/Desc3INCOME, REGISTRATION & LATE F
IRS990/ProgramServiceRevenueGrp/Desc4INCOME, SUMMER CAMP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0507504
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1149340
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt296185
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt322145
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt422065
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0507504
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1149340
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt296185
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt322145
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt422065
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04800
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02
IRS990/PYOtherExpensesAmt0280918
IRS990/PYOtherRevenueAmt014503
IRS990/PYProgramServiceRevenueAmt0612318
IRS990/PYRevenuesLessExpensesAmt013276
IRS990/PYSalariesCompEmpBnftPaidAmt0337429
IRS990/PYTotalExpensesAmt0618347
IRS990/PYTotalRevenueAmt0631623
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt093222
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0801634
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010976
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014724
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0799642
IRS990ScheduleD/BuildingsGrp/DepreciationAmt042824
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0842466
IRS990ScheduleD/EquipmentGrp/BookValueAmt058485
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013403
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt071888
IRS990ScheduleD/LandGrp/BookValueAmt0248829
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0248829
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03916
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0597
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04513
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01110872
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PRINTED IN THE NEWSPAPER - PRESS GAZETTE. ALSO POSTED AT SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt022239
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BBQ FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt037885
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt037885
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt037885
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt037885
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt015646
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt022239
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt022239
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0LINDA AMORE ESTATE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0185000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LAND PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt096187
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0143699
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0NP - FRANK LAY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt096187
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE LEAD ACADEMY CLASSICAL SCHOOL IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND SCIENTIFIC PURPOSES UNDER SECTION 501(C)(3) OF THE IRC. THE SPECIFIC PURPOSE FOR WHICH THIS CORPORATION IS TO SERVE AS A PRIVATE CHRISTIAN CLASSICAL SCHOOL USING A CLASSICAL CURRICULUM MODEL FOR THE PURPOSE OF INSTRUCTING AND EDUCATING STUDENTS IN GRADES K-12.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MICHAEL A BELL 6690 CHUMUCKLA HWY PACE, FL 32571 LINDA AMORE KACE BROWNING ROBERT DUNN EBB EBBESEN ROBERT FREEMAN STEVE TOWNLEY WAYNE FORBUSH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0908433
IRS990/TotalAssetsEOYAmt01241988
IRS990/TotalAssetsGrp/BOYAmt0908433
IRS990/TotalAssetsGrp/EOYAmt01241988
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt094388
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0215809
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0602640
IRS990/TotalFunctionalExpensesGrp/TotalAmt0818449
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0847264
IRS990/TotalLiabilitiesEOYAmt01073106
IRS990/TotalLiabilitiesGrp/BOYAmt0847264
IRS990/TotalLiabilitiesGrp/EOYAmt01073106
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt061169
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0168882
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt04395
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt04395
IRS990/TotalProgramServiceExpensesAmt0602640
IRS990/TotalProgramServiceRevenueAmt0801634
IRS990/TotalReportableCompFromOrgAmt040667
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0801637
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0911671
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0908433
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01241988
IRS990/TravelGrp/ManagementAndGeneralAmt011585
IRS990/TravelGrp/TotalAmt011585
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt061169
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0168882
IRS990/USAddress/AddressLine1Txt04521 S SPENCERFIELD RD
IRS990/USAddress/CityNm0PACE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032571
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.LEADACADEMYLIONS.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HENRY F LAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08509951900
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEAD ACADEMY CLASSICAL SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0LEAD
ReturnHeader/Filer/EIN0463044025

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,241,988
Liabilities
$1,073,106
Net assets
$168,882
Revenue
$911,671
Expenses
$818,449
Net income
$93,222
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.48$4.22$3.26$3.90$3.65$0.26
2024Detailed filing. Detailed filing data is available for this year.$7.68$4.64$3.04$4.04$4.06$0.02
2023Detailed filing. Detailed filing data is available for this year.$8.12$5.06$3.06$4.49$4.63$0.14
2022Detailed filing. Detailed filing data is available for this year.$8.43$5.23$3.20$4.10$4.06$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$3.29$3.16$3.63$2.87$0.76
2020Detailed filing. Detailed filing data is available for this year.$5.04$2.64$2.40$2.59$2.57$0.02
2019Detailed filing. Detailed filing data is available for this year.$3.70$1.33$2.38$2.63$1.98$0.65
2018Detailed filing. Detailed filing data is available for this year.$3.05$1.32$1.72$2.24$1.49$0.75
2017Detailed filing. Detailed filing data is available for this year.$2.47$1.50$0.98$1.88$1.08$0.81
2016Detailed filing. Detailed filing data is available for this year.$1.24$1.07$0.17$0.91$0.82$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.91$0.85$0.06$0.63$0.62$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.91$0.86$0.05$0.22$0.17$0.05
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00