Civic Intelligence

Nova Academy Childrens Foundation Inc.

990 • Fiscal year 2017 • EIN 47-2288700

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

Organization Profilen/a
500 W Santa Ana BlvdSanta Ana, CA 92701

(714) 569-0948

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.98x

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

99th percentile

79.26x

Higher debt load relative to revenue than 99% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

90th percentile

49%

Higher net margin than 90% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

100th percentile

6258%

Faster asset growth than 100% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

9th percentile

-25%

Faster revenue growth than 9% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$18,273,580

Up $17,986,150 (+6258%) from 2016

Net Assets

Up

$396,982

Up $109,552 (+38%) from 2016

Liabilities

Up

$17,876,598

Up $17,876,598 from 2016

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin90th percentile

Revenue

Down

$225,554

Down $74,446 (-25%) from 2016

Expenses

Up

$116,002

Up $54,182 (+88%) from 2016

Net Income

Down

$109,552

Down $128,628 (-54%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2014: $1Liabilities 2014: $02014Assets 2015: $49,250Liabilities 2015: $02015Assets 2016: $287,430Liabilities 2016: $0Net Assets 2016: $287,4302016Assets 2017: $18,273,580Liabilities 2017: $17,876,598Net Assets 2017: $396,9822017Assets 2018: $17,937,330Liabilities 2018: $17,792,211Net Assets 2018: $145,1192018Assets 2019: $17,568,720Liabilities 2019: $17,556,023Net Assets 2019: $12,6972019Assets 2020: $17,205,815Liabilities 2020: $17,216,773Net Assets 2020: -$10,9582020Assets 2021: $17,165,084Liabilities 2021: $16,907,577Net Assets 2021: $257,5072021Assets 2022: $16,886,340Liabilities 2022: $16,583,119Net Assets 2022: $303,2212022Assets 2023: $17,060,448Liabilities 2023: $16,231,452Net Assets 2023: $828,9962023Assets 2024: $19,694,415Liabilities 2024: $15,868,332Net Assets 2024: $3,826,0832024

Highlighted filing

2017

Assets$18,273,580
Liabilities$17,876,598
Net Assets$396,982
Open 2017 Filing

Operations Trend

Revenue Growth9th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $50,100Expenses 2015: $850Net Income 2015: $49,2502015Revenue 2016: $300,000Expenses 2016: $61,820Net Income 2016: $238,1802016Revenue 2017: $225,554Expenses 2017: $116,002Net Income 2017: $109,5522017Revenue 2018: -$106,384Expenses 2018: $145,479Net Income 2018: -$251,8632018Revenue 2019: $124,447Expenses 2019: $231,655Net Income 2019: -$107,2082019Revenue 2020: $182,128Expenses 2020: $234,997Net Income 2020: -$52,8692020Revenue 2021: $452,798Expenses 2021: $184,333Net Income 2021: $268,4652021Revenue 2022: $248,743Expenses 2022: $203,029Net Income 2022: $45,7142022Revenue 2023: $885,012Expenses 2023: $359,237Net Income 2023: $525,7752023Revenue 2024: $3,186,967Expenses 2024: $685,227Net Income 2024: $2,501,7402024

Highlighted filing

2017

Revenue$225,554
Expenses$116,002
Net Income$109,552
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$890,339
Mission and Program Overview

Mission

The purpose of this corporation is to operate exclusively for the benefit of, to perform the functions of, or to carry out the purposes of nova academy, a california nonprofit public benefit corporation operating as a california public charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$16,559,813▲ $16,559,813
Savings and Temporary Cash Investments-$1,260,339-
Cash and Non-Interest-Bearing Accounts$287,430$453,428▲ $165,998
Total Assets$287,430$18,273,580▲ $17,986,150
Liabilities
Tax Exempt Bond Liabilities-$17,464,389-
Mortgage Notes Payable Secured by Investment Property-$412,209-
Total Liabilities$0$17,876,598▲ $17,876,598
Net Assets / Fund Balance
Unrestricted Net Assets$287,430$396,982▲ $109,552
Total Net Assets Fund Balance$287,430$396,982▲ $109,552
Total Liabilities and Net Assets / Fund Balance$287,430$18,273,580▲ $17,986,150

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,329,796$109,701$10,439,497
Land$6,000,000-$6,000,000
Equipment$230,017$2,443$232,460
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Douglas M HodgePresident/Board Member
Natalie BattersbeeBoard Member
Zackary NassirBoard Member
Jill MuckenthalerCFO/Board Member (Incoming 6/17)
Mike GuerreroCFO/Board Member (Outgoing 6/17)
Mary Moore HillSecretary/Board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$282,000
Program Service Revenue
$0
Investment Income
$1,264
Other Revenue
$-57,710
All Other Contributions
$282,000
Change in Net Assets
$109,552
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$86,186
Other Expenses$29,816
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$68,716--$68,716
Advertising$14,529--$14,529
Pension Plan Contributions$7,760--$7,760
Payroll Taxes$5,692--$5,692
Fees for Services Accounting-$4,874-$4,874
Other Employee Benefits$4,018--$4,018
Insurance$2,801--$2,801
Fees for Services Other$899--$899
Other Expenses$140--$140
Total Functional Expenses$111,128$4,874$0$116,002
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACalifornia Municipal Finance Authority2016-11-15$18,236,119educational facility

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$18,236,119--$364,722

Bond Financing Compliance

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No

Governance Explanations

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

“The form 990 is prepared by the organization's certified public accountant. It is reviewed by management and then forwarded to all board members prior to filing.”

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

“Officers and directors annually sign a conflict of interest affidavit. If a transaction arises where there is a conflict of interest, the person with such conflict is not allowed to vote on the transaction.”

Form 990, Part VI, Section B, line 15

“The organization has no paid officers or key employees, however, the board of directors and officers will annually review and approve compensation FOR ALL EMPLOYEES (NON-OFFICERs/KEY EMPLOYEES) including a review of the compensation against current comparability data (survey or study) prepared by an independent compensation consultant. This policy was approved by the board on February 16, 2017.”

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Nova Academy Children's Foundation Inc
EIN
47-2288700
Phone
7145690948
Address
500 W Santa Ana Blvd, Santa Ana, CA 92701

Signing Officer

Name
Jill Muckenthaler
Title
CFO
Phone
7145690948
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jill Muckenthaler
Formed
2014
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
1
Volunteers
5

Preparer

Firm
Moss Adams LLP
Address
4747 Executive Drive Suite 1300, San Diego, CA 92121
Preparer
Patricia J Mayer
Phone
8586271400
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 2

“The organization purchased a building during the june 30, 2017 year end and maintained and managed the property for the use and benefit of nova academy early college high school, its supported organization.”

FORM 990, PART XII, LINE 2B AND 2C:

“Nova academy facilities, llc (nova academy children's foundation, inc.'s single member llc) has financial statements that are audited by an independent accountant and it has a committee to oversee the audit.”

Financial Statement Notes

Part X, Line 2:

“NOVA ACADEMY FACILITIES'S (THE SMLLC OF NOVA ACADEMY CHILDREN'S FOUNDATION) UNCERTAIN TAX POSITION FOOTNOTE: The LLC has been designated as an organization described in Section 214 of the Internal Revenue Service Code (the "Code"). The LLC is considered a disregarded entity for Federal income taxes under the Code and exempt under the corresponding section of the California Revenue and Taxation Code. Income tax returns for 2016 and forward may be audited by regulatory agencies; however, the LLC is not aware of any such actions at this time. The LLC has adopted Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 740, that clarifies the accounting for uncertainty in tax positions taken or expected to be taken on a tax return and provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if, based on its merits, the position is more likely than not to be sustained on audit by the taxing authorities. Management believes that all tax positions taken to date are highly certain, and, accordingly, no accounting adjustment has been made to the financial statements. Interest and penalties related to uncertain tax positions are recorded as part of the income tax expense, if applicable.”

Raw XML AppendixShowing 400 of 465 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm1Mary Moore Hill
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0NOVA ACADEMY CHILDREN'S FOUNDATION, INC. BENEFITS NOVA ACADEMY BY MAINTAINING AND MANAGING RENTAL PROPERTY FOR THE USE AND BENEFIT OF NOVA ACADEMY, ITS SUPPORTED ORGANIZATION WITH EXPENDITURES OF $664,785. ALSO PROGRAM OPERATING EXPENSES OF $111,128 WERE MADE FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 6:
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt0775913
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0320079174
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt0775913
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Nova Academy Early College High School
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
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/BookValueAmt010329796
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0109701
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010439497
IRS990ScheduleD/EquipmentGrp/BookValueAmt0230017
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02443
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0232460
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt06000000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt06000000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NOVA ACADEMY FACILITIES'S (THE SMLLC OF NOVA ACADEMY CHILDREN'S FOUNDATION) UNCERTAIN TAX POSITION FOOTNOTE: The LLC has been designated as an organization described in Section 214 of the Internal Revenue Service Code (the "Code"). The LLC is considered a disregarded entity for Federal income taxes under the Code and exempt under the corresponding section of the California Revenue and Taxation Code. Income tax returns for 2016 and forward may be audited by regulatory agencies; however, the LLC is not aware of any such actions at this time. The LLC has adopted Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 740, that clarifies the accounting for uncertainty in tax positions taken or expected to be taken on a tax return and provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if, based on its merits, the position is more likely than not to be sustained on audit by the taxing authorities. Management believes that all tax positions taken to date are highly certain, and, accordingly, no accounting adjustment has been made to the financial statements. Interest and penalties related to uncertain tax positions are recorded as part of the income tax expense, if applicable.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016559813
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A DISREGARDED ENTITY SINGLE MEMBER LIMITED LIABILITY COMPANY WHICH OWNS THE PROPERTY.
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS IN THE PROCESS OF ADOPTING WRITTEN PROCEDURES TO ENSURE VIOLATIONS ARE TIMELY IDENTIFIED AND CORRECTED UNDER THE VCAP PROGRAM.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 1:
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1PART V:
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02016-11-15
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0201563466
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0130486AY9
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt018236119
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0California Municipal Finance Authority
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0educational facility
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt016671957
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt01199440
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0364722
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt018236119
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PURCHASED A BUILDING DURING THE JUNE 30, 2017 YEAR END AND MAINTAINED AND MANAGED THE PROPERTY FOR THE USE AND BENEFIT OF NOVA ACADEMY EARLY COLLEGE HIGH SCHOOL, ITS SUPPORTED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY THE ORGANIZATION'S CERTIFIED PUBLIC ACCOUNTANT. IT IS REVIEWED BY MANAGEMENT AND THEN FORWARDED TO ALL BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Officers and directors annually sign a conflict of interest affidavit. If a transaction arises where there is a conflict of interest, the person with such conflict is not allowed to vote on the transaction.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization has no paid officers or key employees, however, the board of directors and officers will annually review and approve compensation FOR ALL EMPLOYEES (NON-OFFICERs/KEY EMPLOYEES) including a review of the compensation against current comparability data (survey or study) prepared by an independent compensation consultant. This policy was approved by the board on February 16, 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NOVA ACADEMY FACILITIES, LLC (NOVA ACADEMY CHILDREN'S FOUNDATION, INC.'S SINGLE MEMBER LLC) HAS FINANCIAL STATEMENTS THAT ARE AUDITED BY AN INDEPENDENT ACCOUNTANT AND IT HAS A COMMITTEE TO OVERSEE THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2B AND 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0Nova Academy Children's Foundation INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0NOVA Academy Facilities LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0472288700
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt017820152
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0TO SUPPORT NOVA ACADEMY EARLY COLLEGE HIGH SCHOOL
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0608339
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0500 W Santa Ana Blvd
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0Santa Ana
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd092701
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Nova Academy Early College High School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0320079174
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Education
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0500 W Santa Ana Blvd
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Santa Ana
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd092701
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt017464389
IRS990/TaxExemptBondsInd01
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0287430
IRS990/TotalAssetsEOYAmt018273580
IRS990/TotalAssetsGrp/BOYAmt0287430
IRS990/TotalAssetsGrp/EOYAmt018273580
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0282000
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04874
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0111128
IRS990/TotalFunctionalExpensesGrp/TotalAmt0116002
IRS990/TotalGrossUBIAmt00

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,273,580
Liabilities
$17,876,598
Net assets
$396,982
Revenue
$225,554
Expenses
$116,002
Net income
$109,552
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.7$15.9$3.83$3.19$0.69$2.50
2023Detailed filing. Detailed filing data is available for this year.$17.1$16.2$0.83$0.89$0.36$0.53
2022Detailed filing. Detailed filing data is available for this year.$16.9$16.6$0.30$0.25$0.20$0.05
2021Detailed filing. Detailed filing data is available for this year.$17.2$16.9$0.26$0.45$0.18$0.27
2020Detailed filing. Detailed filing data is available for this year.$17.2$17.2$0.01$0.18$0.23$0.05
2019Detailed filing. Detailed filing data is available for this year.$17.6$17.6$0.01$0.12$0.23$0.11
2018Summary only. Only limited summary data is available for this year.$17.9$17.8$0.15$0.11$0.15$0.25
2017Detailed filing. Detailed filing data is available for this year.$18.3$17.9$0.40$0.23$0.12$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.30$0.06$0.24
2015Summary only. Only limited summary data is available for this year.$0.05$0.00$0.05$0.00$0.05
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00