Civic Intelligence

Vega Collegiate Academy

990 • Fiscal year 2022 • EIN 47-2103502

Jul 01, 2021 to Jun 30, 2022 • Filed on May 03, 2023

Organization Profilewww.vegacollegiateacademy.org
1400 Yosemite StreetAurora, CO 80010

(303) 828-6217

Siviq Scores

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

Liabilities / Assets

96th percentile

1.11x

Higher debt load relative to assets than 96% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

90th percentile

2.61x

Higher debt load relative to revenue than 90% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

22nd percentile

-4.5%

Higher net margin than 22% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

29th percentile

$120,778

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

62nd percentile

5.2%

Faster asset growth than 62% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

87th percentile

57%

Faster revenue growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$19,926,583

Up $980,417 (+5.2%) from 2021

Net Assets

Down

-$2,113,166

Down $382,624 (-22%) from 2021

Liabilities

Up

$22,039,749

Up $1,363,041 (+6.6%) from 2021

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin22nd percentile

Revenue

Up

$8,443,166

Up $3,071,525 (+57%) from 2021

Expenses

Up

$8,825,790

Up $3,390,169 (+62%) from 2021

Net Income

Down

-$382,624

Down $318,644 (-498%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$30M$20M$10M$0-$10MAssets 2017: $386,492Liabilities 2017: $256,369Net Assets 2017: $130,1232017Assets 2018: $3,320,155Liabilities 2018: $4,189,563Net Assets 2018: -$869,4082018Assets 2020: $3,471,587Liabilities 2020: $5,138,149Net Assets 2020: -$1,666,5622020Assets 2021: $18,946,166Liabilities 2021: $20,676,708Net Assets 2021: -$1,730,5422021Assets 2022: $19,926,583Liabilities 2022: $22,039,749Net Assets 2022: -$2,113,1662022Assets 2023: $21,093,608Liabilities 2023: $24,612,537Net Assets 2023: -$3,518,9292023Assets 2024: $20,694,921Liabilities 2024: $25,600,972Net Assets 2024: -$4,906,0512024

Highlighted filing

2022

Assets$19,926,583
Liabilities$22,039,749
Net Assets-$2,113,166
Open 2022 Filing

Operations Trend

Revenue Growth87th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2017: $184,836Expenses 2017: $278,411Net Income 2017: -$93,5752017Revenue 2018: $1,462,581Expenses 2018: $2,494,716Net Income 2018: -$1,032,1352018Revenue 2020: $3,631,115Expenses 2020: $3,598,333Net Income 2020: $32,7822020Revenue 2021: $5,371,641Expenses 2021: $5,435,621Net Income 2021: -$63,9802021Revenue 2022: $8,443,166Expenses 2022: $8,825,790Net Income 2022: -$382,6242022Revenue 2023: $10,421,044Expenses 2023: $11,826,807Net Income 2023: -$1,405,7632023Revenue 2024: $10,250,324Expenses 2024: $11,637,446Net Income 2024: -$1,387,1222024

Highlighted filing

2022

Revenue$8,443,166
Expenses$8,825,790
Net Income-$382,624
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 3, 2023
Return Version
2021v4.2
Gross Receipts
$8,443,166
Mission and Program Overview

Mission

Vega Collegiate Academy is designed with an extended school day and a slightly longer school year focusing on developing strong skills in literacy and math. It executes an academically rigorous curriculum aligned with common core standards where support is immediately provided to students needing assistance acceleration or who have individual learning needs.

See Schedule O.Designed with an extended school day and a slightly longer school year, and with a focus on developing strong skills in literacy and math, Vega Collegiate Academy Charter School executes an academically rigorous curriculum that pushes students to engage deeply with text and to think critically about their learning in every content area. Every instructional minute, students work to master ambitious, Common Core aligned standards. Every assessment is informed by rigorous national and state standards and well-respected national reading requirements. Support is immediately provided to students who demonstrate the need for additional assistance, further acceleration, or have individual learning needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,235,622$2,426,119▲ $190,497
Savings and Temporary Cash Investments$3,681,731$1,063,688▼ $2,618,043
Cap Stk Tr Prin Current Funds$3,223,443$680,507▼ $2,542,936
Pledges and Grants Receivable$255,165$278,191▲ $23,026
Land, Buildings, and Equipment, Net$51,706$138,404▲ $86,698
Prepaid Expenses and Deferred Charges$11,085$67,033▲ $55,948
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$-4,953,985$-2,793,673▲ $2,160,312
Total Assets$18,946,166$19,926,583▲ $980,417
Other Assets Total$12,710,857$15,953,148▲ $3,242,291
Liabilities
Mortgage Notes Payable Secured by Investment Property$13,855,288$15,176,703▲ $1,321,415
Other Liabilities$6,327,906$6,301,284▼ $26,622
Accounts Payable and Accrued Expenses$493,514$561,337▲ $67,823
Deferred Revenue$0$425▲ $425
Total Liabilities$20,676,708$22,039,749▲ $1,363,041
Net Assets / Fund Balance
Total Net Assets Fund Balance$-1,730,542$-2,113,166▼ $382,624
Total Liabilities and Net Assets / Fund Balance$18,946,166$19,926,583▲ $980,417

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$90,617$84,958$175,575
Equipment$47,787$20,797$68,584
Other Assets Org$12,244,626--
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathryn MullinsExecutive DirectorFT$98,647$22,131$120,778

Board Members and Trustees

NameTitle
Mark MarshallChairman
Miguel LovatoVice-Chairman
John BalesDirector
Susan CaputoDirector
Taryn TongDirector
Wendy SwanhorstDirector
Audrey SevaitSecretary
Victor AmayaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
G&G Consulting Group LLCCFO and HR Services2696 South Colorado Boulevard 380, Denver, CO 80222$139,914
Revenue and Support

Revenue Composition

Contributions and Grants
$3,598,441
Program Service Revenue
$4,835,141
Investment Income
$9,584
Other Revenue
$0
All Other Contributions
$341,273
Change in Net Assets
$-382,624

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,443,166
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,443,166
Total Revenue per Form 990
$8,443,166
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,630,746
Other Expenses$4,195,044
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,401,673$915,861-$3,317,534
Fees for Services Other$556,846$1,034,128-$1,590,974
Interest$37,960$608,967-$646,927
Pension Plan Contributions$479,385$146,301-$625,686
Occupancy-$583,160-$583,160
Other Employee Benefits$363,899$163,791-$527,690
Other Expenses$293,389$210,106-$503,495
Travel$11,523$386,354-$397,877
Information Technology$195,586$197,107-$392,693
Current Officers, Directors, Trustees, and Key Employees-$110,833-$110,833
Insurance-$49,899-$49,899
Payroll Taxes$36,262$12,741-$49,003
Fees for Services Legal-$32,197-$32,197
Advertising-$28,458-$28,458
All Other Expenses-$5,761-$5,761
Office Expenses-$5,000-$5,000
Fees for Services Accounting-$2,200-$2,200
Depreciation Depletion-$-43,597-$-43,597
Total Functional Expenses$4,376,523$4,449,267$0$8,825,790

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,825,790
Total Expenses per Audited Statements$8,825,790
Total Expenses per Form 990$8,825,790
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$4,472,790
Deferred Inflows - Pension$1,681,636
Net OPEB Liability$108,524
Deferred Inflows - OPEB$38,334
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Line 11b Explanation - A draft of Form 990 and supporting schedules are submitted to the Board for review prior to filing.”

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

“New board members are required to sign a conflict of interest policy and each year the Board reviews the policy and asks if there are any ongoing conflicts. Each board member is required to disclose any conflicts before voting which may be affected by a conflict. Conflicted members are expected to recuse themselves from votes pertaining to the matter that the member has a conflict with.”

Form 990, Part VI, Section B, line 15

“The Board of Directors performed a salary analysis of similar schools in the same district and compensation was set according to the review.”

Form 990, Part VI, Section C, line 18

“The governing documents, conflicts of interest policy, and financial statements are available at the School office and on the School's website under "Financial Transparency."”

Form 990, Part VI, Section C, line 19

“The governing documents, conflicts of interest policy, and financial statements are available at the School office and on the School's website under "Financial Transparency."”

Filing and Contact Details

Filer

Filer Name
Vega Collegiate Academy
EIN
47-2103502
Phone
3038286217
Address
1400 Yosemite Street, Aurora, CO 80010

Signing Officer

Name
Kathryn Mullins
Title
Executive Director
Phone
3038286217
Signed
2023-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathryn Mullins
Formed
2014
Legal Domicile
Co
Voting Board Members
8
Independent Board Members
8
Employees
76
Volunteers
51

Preparer

Firm
Hinkle & Company PC
Address
750 West Hampden Avenue Suite 400, Englewood, CO 80110
Preparer
James D Hinkle
Phone
3037961000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Other Purchased Services: Program service expenses 556,846. Management and general expenses 1,034,128. Fundraising expenses 0. Total expenses 1,590,974.”

Form 990, Part XII, Line 2C

“The Academy has not changed its oversight or selection process during the year.”

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IRS990/MissionDesc0See Schedule ODesigned with an extended school day and a slightly longer school year, and with a focus on developing strong skills in literacy and math, Vega Collegiate Academy Charter School executes an academically rigorous curriculum that pushes students to engage deeply with text and to think critically about their learning in every content area. Every instructional minute, students work to master ambitious, Common Core aligned standards. Every assessment is informed by rigorous national and state standards and well-respected national reading requirements. Support is immediately provided to students who demonstrate the need for additional assistance, further acceleration, or have individual learning needs.
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05000
IRS990/OfficeExpensesGrp/TotalAmt05000
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012710857
IRS990/OtherAssetsTotalGrp/EOYAmt015953148
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0163791
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0363899
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0527690
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0210106
IRS990/OtherExpensesGrp/ProgramServicesAmt0293389
IRS990/OtherExpensesGrp/TotalAmt0503495
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt06327906
IRS990/OtherLiabilitiesGrp/EOYAmt06301284
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0915861
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02401673
IRS990/OtherSalariesAndWagesGrp/TotalAmt03317534
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012741
IRS990/PayrollTaxesGrp/ProgramServicesAmt036262
IRS990/PayrollTaxesGrp/TotalAmt049003
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0-4953985
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-2793673
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0146301
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0479385
IRS990/PensionPlanContributionsGrp/TotalAmt0625686
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0255165
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0278191
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011085
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt067033
IRS990/PrincipalOfficerNm0Kathryn Mullins
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0Per Pupil Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Student Fees and Activ
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04802440
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt132701
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04802440
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt132701
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01369872
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0619
IRS990/PYOtherExpensesAmt03102138
IRS990/PYOtherRevenueAmt0378721
IRS990/PYProgramServiceRevenueAmt03622429
IRS990/PYRevenuesLessExpensesAmt0-63980
IRS990/PYSalariesCompEmpBnftPaidAmt02333483
IRS990/PYTotalExpensesAmt05435621
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05371641
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-382624
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04835141
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03681731
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01063688
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/EquipmentGrp/BookValueAmt047787
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020797
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt068584
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08825790
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt090617
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt084958
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0175575
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05967
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt19120
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt23596569
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt396866
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt412244626
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Money Out Clearing
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Deferred Outflows - Pensions
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Deferred Outflows - OPEB
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Construction in Progress
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04472790
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1108524
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21681636
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt338334
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net OPEB Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deferred Inflows - Pension
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Deferred Inflows - OPEB
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08443166
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0138404
IRS990ScheduleD/TotalBookValueOtherAssetsAmt015953148
IRS990ScheduleD/TotalExpensesPerForm990Amt08825790
IRS990ScheduleD/TotalLiabilityAmt06301284
IRS990ScheduleD/TotalRevenuePerForm990Amt08443166
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08443166
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08825790
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/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The School receives financial assistance from the U.S. Department of Education, Colorado Department of Education and local sources which is used to support the School's mission and in accordance with federal, state and local regulations.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Line 11b Explanation - A draft of Form 990 and supporting schedules are submitted to the Board for review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1New board members are required to sign a conflict of interest policy and each year the Board reviews the policy and asks if there are any ongoing conflicts. Each board member is required to disclose any conflicts before voting which may be affected by a conflict. Conflicted members are expected to recuse themselves from votes pertaining to the matter that the member has a conflict with.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors performed a salary analysis of similar schools in the same district and compensation was set according to the review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing documents, conflicts of interest policy, and financial statements are available at the School office and on the School's website under "Financial Transparency."
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The governing documents, conflicts of interest policy, and financial statements are available at the School office and on the School's website under "Financial Transparency."
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Other Purchased Services: Program service expenses 556,846. Management and general expenses 1,034,128. Fundraising expenses 0. Total expenses 1,590,974.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Academy has not changed its oversight or selection process during the year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XII, Line 2c
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt018946166
IRS990/TotalAssetsEOYAmt019926583
IRS990/TotalAssetsGrp/BOYAmt018946166
IRS990/TotalAssetsGrp/EOYAmt019926583
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03598441
IRS990/TotalEmployeeCnt076
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04449267
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04376523
IRS990/TotalFunctionalExpensesGrp/TotalAmt08825790
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020676708
IRS990/TotalLiabilitiesEOYAmt022039749
IRS990/TotalLiabilitiesGrp/BOYAmt020676708

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,926,583
Liabilities
$22,039,749
Net assets
-$2,113,166
Revenue
$8,443,166
Expenses
$8,825,790
Net income
-$382,624
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.7$25.6$4.91$10.3$11.6$1.39
2023Detailed filing. Detailed filing data is available for this year.$21.1$24.6$3.52$10.4$11.8$1.41
2022Detailed filing. Detailed filing data is available for this year.$19.9$22.0$2.11$8.44$8.83$0.38
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.9$20.7$1.73$5.37$5.44$0.06
2020Detailed filing. Detailed filing data is available for this year.$3.47$5.14$1.67$3.63$3.60$0.03
2018Detailed filing. Detailed filing data is available for this year.$3.32$4.19$0.87$1.46$2.49$1.03
2017Detailed filing. Detailed filing data is available for this year.$0.39$0.26$0.13$0.18$0.28$0.09