Civic Intelligence

Global Preparatory Academy Inc.

990 • Fiscal year 2022 • EIN 47-2593404

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 07, 2023

Organization ProfileGLOBALPREPINDY.ORG
2033 Sugar Grove AveIndianapolis, IN 46202

(317) 226-4244

Siviq Scores

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

Liabilities / Assets

54th percentile

0.15x

Higher debt load relative to assets than 54% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

31st percentile

0.07x

Higher debt load relative to revenue than 31% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

48th percentile

5.9%

Higher net margin than 48% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

61st percentile

$149,597

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

69th percentile

10%

Faster asset growth than 69% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

79th percentile

35%

Faster revenue growth than 79% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$4,226,809

Up $391,763 (+10%) from 2021

Net Assets

Up

$3,586,608

Up $552,812 (+18%) from 2021

Liabilities

Down

$640,201

Down $161,049 (-20%) from 2021

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin48th percentile

Revenue

Up

$9,313,290

Up $2,389,490 (+35%) from 2021

Expenses

Up

$8,760,478

Up $2,117,178 (+32%) from 2021

Net Income

Up

$552,812

Up $272,312 (+97%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$10M$5.0M$0Assets 2015: $1Liabilities 2015: $02015Assets 2016: $202,493Liabilities 2016: $10,0222016Assets 2017: $1,265,576Liabilities 2017: $742,751Net Assets 2017: $522,8252017Assets 2018: $1,745,345Liabilities 2018: $858,409Net Assets 2018: $886,9362018Assets 2019: $2,198,251Liabilities 2019: $555,800Net Assets 2019: $1,642,4512019Assets 2020: $3,325,677Liabilities 2020: $572,381Net Assets 2020: $2,753,2962020Assets 2021: $3,835,046Liabilities 2021: $801,250Net Assets 2021: $3,033,7962021Assets 2022: $4,226,809Liabilities 2022: $640,201Net Assets 2022: $3,586,6082022Assets 2023: $6,047,242Liabilities 2023: $590,522Net Assets 2023: $5,456,7202023Assets 2024: $8,468,140Liabilities 2024: $1,104,843Net Assets 2024: $7,363,2972024

Highlighted filing

2022

Assets$4,226,809
Liabilities$640,201
Net Assets$3,586,608
Open 2022 Filing

Operations Trend

Revenue Growth79th percentile

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

$15M$10M$5.0M$0Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $192,471Expenses 2016: $0Net Income 2016: $192,4712016Revenue 2017: $4,274,013Expenses 2017: $3,943,659Net Income 2017: $330,3542017Revenue 2018: $4,925,206Expenses 2018: $4,822,249Net Income 2018: $102,9572018Revenue 2019: $6,051,896Expenses 2019: $5,296,381Net Income 2019: $755,5152019Revenue 2020: $7,222,422Expenses 2020: $6,111,577Net Income 2020: $1,110,8452020Revenue 2021: $6,923,800Expenses 2021: $6,643,300Net Income 2021: $280,5002021Revenue 2022: $9,313,290Expenses 2022: $8,760,478Net Income 2022: $552,8122022Revenue 2023: $10,850,287Expenses 2023: $8,980,175Net Income 2023: $1,870,1122023Revenue 2024: $11,759,451Expenses 2024: $9,852,874Net Income 2024: $1,906,5772024

Highlighted filing

2022

Revenue$9,313,290
Expenses$8,760,478
Net Income$552,812
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 7, 2023
Return Version
2021v4.2
Gross Receipts
$9,313,290
Mission and Program Overview

Mission

Global preparatory academy develops compassionate global leaders through a rigorous education program that focuses on hands-on, cultural and spanish immersion learning opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,344,435$3,330,443▼ $13,992
Pledges and Grants Receivable$173,594$507,399▲ $333,805
Land, Buildings, and Equipment, Net$317,017$360,410▲ $43,393
Prepaid Expenses and Deferred Charges-$28,557-
Total Assets$3,835,046$4,226,809▲ $391,763
Liabilities
Accounts Payable and Accrued Expenses$412,897$297,893▼ $115,004
Mortgage Notes Payable Secured by Investment Property$325,000$275,000▼ $50,000
Deferred Revenue$63,353$67,308▲ $3,955
Total Liabilities$801,250$640,201▼ $161,049
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,033,796$3,586,608▲ $552,812
Total Net Assets Fund Balance$3,033,796$3,586,608▲ $552,812
Total Liabilities and Net Assets / Fund Balance$3,835,046$4,226,809▲ $391,763

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$233,573$6,427$240,000
Other Land Buildings$78,318$51,218$129,536
Land$35,000-$35,000
Leasehold Improvements$13,519$1,118$14,637
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mariama ShaheedCEO & Head of SchoolFT$137,842$11,755$149,597
Aisha GoensDirector of OperationsFT$103,496$7,049$110,545

Board Members and Trustees

NameTitle
Elizabeth LacyBoard Chair
Jasmine BurdittBoard Liaison
Brandon RussellBoard Member
Cornelius RobinsonBoard Member
Dorothy CrenshawBoard Member
Felman BrownBoard Member
Jeannine MurrayBoard Member
Marilyn LeathermanBoard Member
Michael SaahirBoard Member
Sasha CasillaBoard Member
Terry DwyerBoard Member
Ginny HackerBoard Secretary
Bill WestBoard Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Lavinia Group LLCProfessional Development, Coaching, AndPO BOX 1319, Sag Harbor, NY 11963$144,136
Revenue and Support

Revenue Composition

Contributions and Grants
$9,279,432
Program Service Revenue
$0
Investment Income
$2,586
Other Revenue
$31,272
All Other Contributions
$152,556
Change in Net Assets
$552,812

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,313,290
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,397,326
Total Revenue per Audited Statements
$12,710,616
Total Revenue per Form 990
$9,313,290
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,761,544
Other Expenses$2,998,934
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,521,773$954,281-$4,476,054
Fees for Services Other$524,863$411,169-$936,032
Office Expenses$645,095$132,485-$777,580
Other Employee Benefits$479,477$141,507-$620,984
Current Officers, Directors, Trustees, and Key Employees$208,013$56,691-$264,704
Payroll Taxes$188,678$55,684-$244,362
Pension Plan Contributions$120,019$35,421-$155,440
Information Technology$93,795$18,030-$111,825
Insurance$44,495--$44,495
Advertising-$37,784-$37,784
Fees for Services Management-$37,724-$37,724
Depreciation Depletion$29,919--$29,919
Travel-$24,606-$24,606
Other Expenses$12,251--$12,251
Occupancy$12,031--$12,031
All Other Expenses$4,343$3,112-$7,455
Fees for Services Legal-$7,163-$7,163
Interest$3,125--$3,125
Total Functional Expenses$6,844,821$1,915,657$0$8,760,478

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,157,804
Expenses per Audited Statements$8,760,478
Total Expenses per Form 990$8,760,478
Expenses Not Reported on Form 990$3,397,326
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
No
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

“The form 990 is submitted to the principal/executive director and board members for review before filing.”

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

“The conflict of interest policy is reviewed annually by the board in the fall. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the interest and refrain from voting on any issue pertaining to the matter.”

Form 990, Part VI, Section B, Line 15B

“Salaries are determined by standard rates in the region and are based on compensation data for positions in similar fields.”

Form 990, Part VI, Section C, Line 19

“All governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Global Preparatory Academy
EIN
47-2593404
Phone
3172264244
Address
2033 SUGAR GROVE AVE, INDIANAPOLIS, IN 46202

Signing Officer

Name
Mariama Shaheed
Title
CEO & Head of School
Phone
3172264244
Signed
2023-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mariama Shaheed
Formed
2014
Legal Domicile
In
Voting Board Members
14
Independent Board Members
14
Employees
122
Volunteers
0

Preparer

Firm
Donovan Pc
Address
5151 E US HWY 36, AVON, IN 46123
Preparer
Rex E Miller CPA Cgma
Phone
3177456411
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization's oversight process and selection process have not changed during the tax year.”

Financial Statement Notes

PART X, LINE 2:

“Professional accounting standards require the school to recognize a tax liability only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax liability that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax liability is recorded. The school has examined this issue and has determined there are no material contingent tax liabilities or questionable tax positions. The tax years ended after june 30, 2018 are open to audit for both federal and state purposes.”

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IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt018030
IRS990/InformationTechnologyGrp/ProgramServicesAmt093795
IRS990/InformationTechnologyGrp/TotalAmt0111825
IRS990/InsuranceGrp/ProgramServicesAmt044495
IRS990/InsuranceGrp/TotalAmt044495
IRS990/InterestGrp/ProgramServicesAmt03125
IRS990/InterestGrp/TotalAmt03125
IRS990/InvestmentIncomeGrp/ExclusionAmt02586
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02586
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt028
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt058763
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0317017
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0360410
IRS990/LandBldgEquipCostOrOtherBssAmt0419173
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0GLOBAL PREPARATORY ACADEMY DEVELOPS COMPASSIONATE GLOBAL LEADERS THROUGH A RIGOROUS EDUCATION PROGRAM THAT FOCUSES ON HANDS-ON, CULTURAL AND SPANISH IMMERSION LEARNING OPPORTUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0325000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0275000
IRS990/NetAssetsOrFundBalancesBOYAmt03033796
IRS990/NetAssetsOrFundBalancesEOYAmt03586608
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03033796
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03586608
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt012031
IRS990/OccupancyGrp/TotalAmt012031
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0132485
IRS990/OfficeExpensesGrp/ProgramServicesAmt0645095
IRS990/OfficeExpensesGrp/TotalAmt0777580
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0141507
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0479477
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0620984
IRS990/OtherExpensesGrp/Desc0FOOD COSTS
IRS990/OtherExpensesGrp/Desc1STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2SMALL EQUIPMENT PURCHAS
IRS990/OtherExpensesGrp/Desc3STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/ProgramServicesAmt0455507
IRS990/OtherExpensesGrp/ProgramServicesAmt1411412
IRS990/OtherExpensesGrp/ProgramServicesAmt290025
IRS990/OtherExpensesGrp/ProgramServicesAmt312251
IRS990/OtherExpensesGrp/TotalAmt0455507
IRS990/OtherExpensesGrp/TotalAmt1411412
IRS990/OtherExpensesGrp/TotalAmt290025
IRS990/OtherExpensesGrp/TotalAmt312251
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt031272
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt031272
IRS990/OtherRevenueTotalAmt031272
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0954281
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03521773
IRS990/OtherSalariesAndWagesGrp/TotalAmt04476054
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt055684
IRS990/PayrollTaxesGrp/ProgramServicesAmt0188678
IRS990/PayrollTaxesGrp/TotalAmt0244362
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt035421
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0120019
IRS990/PensionPlanContributionsGrp/TotalAmt0155440
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0173594
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0507399
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028557
IRS990/PrincipalOfficerNm0MARIAMA SHAHEED
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06911034
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02579
IRS990/PYOtherExpensesAmt02206628
IRS990/PYOtherRevenueAmt010187
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0280500
IRS990/PYSalariesCompEmpBnftPaidAmt04436672
IRS990/PYTotalExpensesAmt06643300
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06923800
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0552812
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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/BookValueAmt0233573
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06427
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0240000
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt03397326
IRS990ScheduleD/DonatedServicesUseFcltsAmt03397326
IRS990ScheduleD/ExpensesNotReportedAmt03397326
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08760478
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt035000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt035000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt013519
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01118
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt014637
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt078318
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt051218
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0129536
IRS990ScheduleD/RevenueNotReportedAmt03397326
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09313290
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROFESSIONAL ACCOUNTING STANDARDS REQUIRE THE SCHOOL TO RECOGNIZE A TAX LIABILITY ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX LIABILITY THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX LIABILITY IS RECORDED. THE SCHOOL HAS EXAMINED THIS ISSUE AND HAS DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. THE TAX YEARS ENDED AFTER JUNE 30, 2018 ARE OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0360410
IRS990ScheduleD/TotalExpensesPerForm990Amt08760478
IRS990ScheduleD/TotalRevenuePerForm990Amt09313290
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012710616
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012157804
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/ExplanationTxt0AS PUBLICIZED IN THE STUDENT HANDBOOK, GLOBAL PREPARATORY ACADEMY DOES NOT AND SHALL NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION (CREED), GENDER, GENDER EXPRESSION, AGE, NATIONAL ORIGIN (ANCESTRY), AND DISABILITY, IN ANY OF ITS ACTIVITIES OR OPERATIONS. POLICIES ARE MADE AVAILABLE UPON REQUEST AND DISTRIBUTED TO ALL INCOMING STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1FINANCIAL AID OR GOVERNMENT ASSISTANCE: AS A PUBLIC CHARTER SCHOOL, THE ORGANIZATION RECEIVES FUNDING FROM THE STATE OF INDIANA AS WELL AS REVENUE UNDER VARIOUS FEDERAL GRANT PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$4,226,809
Liabilities
$640,201
Net assets
$3,586,608
Revenue
$9,313,290
Expenses
$8,760,478
Net income
$552,812
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.47$1.10$7.36$11.8$9.85$1.91
2023Detailed filing. Detailed filing data is available for this year.$6.05$0.59$5.46$10.9$8.98$1.87
2022Detailed filing. Detailed filing data is available for this year.$4.23$0.64$3.59$9.31$8.76$0.55
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.84$0.80$3.03$6.92$6.64$0.28
2020Detailed filing. Detailed filing data is available for this year.$3.33$0.57$2.75$7.22$6.11$1.11
2019Detailed filing. Detailed filing data is available for this year.$2.20$0.56$1.64$6.05$5.30$0.76
2018Detailed filing. Detailed filing data is available for this year.$1.75$0.86$0.89$4.93$4.82$0.10
2017Summary only. Only limited summary data is available for this year.$1.27$0.74$0.52$4.27$3.94$0.33
2016Summary only. Only limited summary data is available for this year.$0.20$0.01$0.19$0.00$0.19
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00