Civic Intelligence

Pensar Academy Inc

990 • Fiscal year 2017 • EIN 47-3676800

Jul 01, 2016 to Jun 30, 2017 • Filed on May 11, 2018

Organization ProfilePENSARACADEMY.ORG
6135 N Black Canyon HwyPhoenix, AZ 85015

(602) 383-4013

Siviq Scores

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

Liabilities / Assets

87th percentile

0.76x

Higher debt load relative to assets than 87% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

69th percentile

0.28x

Higher debt load relative to revenue than 69% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

64th percentile

9.1%

Higher net margin than 64% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

46th percentile

$52,500

Higher top officer pay than 46% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

95th percentile

93%

Faster asset growth than 95% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

99th percentile

808%

Faster revenue growth than 99% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$422,385

Up $203,259 (+93%) from 2016

Net Assets

$99,694

No earlier filing loaded for comparison.

Liabilities

Up

$322,691

Up $96,971 (+43%) from 2016

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin64th percentile

Revenue

Up

$1,163,840

Up $1,035,726 (+808%) from 2016

Expenses

Up

$1,057,552

Up $922,844 (+685%) from 2016

Net Income

Up

$106,288

Up $112,882 (+1712%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$10M$5.0M$0Assets 2016: $219,126Liabilities 2016: $225,7202016Assets 2017: $422,385Liabilities 2017: $322,691Net Assets 2017: $99,6942017Assets 2018: $492,739Liabilities 2018: $455,328Net Assets 2018: $37,4112018Assets 2019: $786,623Liabilities 2019: $486,788Net Assets 2019: $299,8352019Assets 2020: $1,060,798Liabilities 2020: $404,149Net Assets 2020: $656,6492020Assets 2021: $8,071,827Liabilities 2021: $6,983,929Net Assets 2021: $1,087,8982021Assets 2022: $8,115,960Liabilities 2022: $6,931,727Net Assets 2022: $1,184,2332022Assets 2023: $8,206,578Liabilities 2023: $6,858,751Net Assets 2023: $1,347,8272023Assets 2024: $7,882,362Liabilities 2024: $6,630,986Net Assets 2024: $1,251,3762024

Highlighted filing

2017

Assets$422,385
Liabilities$322,691
Net Assets$99,694
Open 2017 Filing

Operations Trend

Revenue Growth99th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $128,114Expenses 2016: $134,708Net Income 2016: -$6,5942016Revenue 2017: $1,163,840Expenses 2017: $1,057,552Net Income 2017: $106,2882017Revenue 2018: $1,650,000Expenses 2018: $1,712,283Net Income 2018: -$62,2832018Revenue 2019: $2,570,853Expenses 2019: $2,308,429Net Income 2019: $262,4242019Revenue 2020: $2,554,655Expenses 2020: $2,197,841Net Income 2020: $356,8142020Revenue 2021: $2,860,938Expenses 2021: $2,403,465Net Income 2021: $457,4732021Revenue 2022: $2,962,700Expenses 2022: $2,805,413Net Income 2022: $157,2872022Revenue 2023: $3,346,199Expenses 2023: $3,171,798Net Income 2023: $174,4012023Revenue 2024: $3,370,227Expenses 2024: $3,462,129Net Income 2024: -$91,9022024

Highlighted filing

2017

Revenue$1,163,840
Expenses$1,057,552
Net Income$106,288
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 11, 2018
Return Version
2016v3.1
Gross Receipts
$1,163,840
Mission and Program Overview

Mission

Pensar academy will develop middle school students with the essential skills to be agents of change in a 21st century global society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$211,388-
Pledges and Grants Receivable$103,034$111,216▲ $8,182
Cash and Non-Interest-Bearing Accounts$115,288$84,215▼ $31,073
Prepaid Expenses and Deferred Charges-$5,566-
Savings and Temporary Cash Investments$804--
Total Assets$219,126$422,385▲ $203,259
Other Assets Total-$10,000-
Liabilities
Other Liabilities$224,920$291,885▲ $66,965
Accounts Payable and Accrued Expenses$800$30,806▲ $30,006
Total Liabilities$225,720$322,691▲ $96,971
Net Assets / Fund Balance
Unrestricted Net Assets$-6,594$99,694▲ $106,288
Total Net Assets Fund Balance$-6,594$99,694▲ $106,288
Total Liabilities and Net Assets / Fund Balance$219,126$422,385▲ $203,259

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$201,250-$201,250
Equipment$10,138$2,382$12,520
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Sandra ZupetzSecretaryFT$52,500$52,500
Gerry GarciaCFOFT$22,766$22,766

Board Members and Trustees

NameTitle
Barbara SandersonMember
Patricia MercadoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Event SourceTransportationPO BOX 31934, Phoenix, AZ 85046$113,025
Revenue and Support

Revenue Composition

Contributions and Grants
$1,160,563
Program Service Revenue
$1,510
Investment Income
$0
Other Revenue
$1,767
All Other Contributions
$152,797
Change in Net Assets
$106,288

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,163,840
Total Revenue per Audited Statements
$1,163,840
Total Revenue per Form 990
$1,163,840
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$568,598
Salaries, Compensation, and Employee Benefits$488,954
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$359,254--$359,254
Office Expenses$138,674$28,770-$167,444
Occupancy$81,058--$81,058
Current Officers, Directors, Trustees, and Key Employees-$75,452-$75,452
Fees for Services Other$44,671$6,760-$51,431
Payroll Taxes$27,483$5,772-$33,255
Conferences and Meetings$29,260--$29,260
Other Employee Benefits$17,349$3,644-$20,993
Insurance-$17,908-$17,908
Fees for Services Accounting-$17,250-$17,250
Other Expenses$12,141--$12,141
Advertising-$3,569-$3,569
Depreciation Depletion$3,244--$3,244
Fees for Services Legal-$1,454-$1,454
Total Functional Expenses$896,973$160,579$0$1,057,552

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,057,552
Total Expenses per Audited Statements$1,057,552
Total Expenses per Form 990$1,057,552
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
Lease Incentive$198,910
Unearned Revenue$74,845
Accrued Lease Expense$18,130
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
Yes
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, Page 6, Part VI, Line 11B

“The 990 is reviewed by the ceo and the operations manager and then forwarded to the board of directors before it is filed.”

Form 990, Page 6, Part VI, Line 12C

“The directors will annually sign the school's conflict of interest acknowledgement statement at the first budget meeting in july or disclose conflicts at that time. If there is a conflict a committee will be assigned to review the potential conflict and determine what the outcome of the matter will be.”

Form 990, Page 6, Part VI, Line 15A

“All compensation agreements for top officials are taken to the board of directors for approval. Salaries are compared to averages in the industry to stay comparable to other charter schools in the area.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Pensar Academy Inc
EIN
47-3676800
Phone
6023834013
Address
6135 N BLACK CANYON HWY, PHOENIX, AZ 85015

Signing Officer

Name
Sandra Zupetz
Title
Secretary
Phone
6023834013
Signed
2018-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sandra Zupetz
Formed
2015
Voting Board Members
3
Independent Board Members
2
Employees
14
Volunteers
1

Preparer

Firm
Aspire Business Consultants
Address
PO BOX 12084, GLENDALE, AZ 85318-2084
Preparer
Heather Jones
Phone
6028812483
Raw XML Appendix357 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0800
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt030806
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PENSAR ACADEMY WILL DEVELOP MIDDLE SCHOOL STUDENTS WITH THE ESSENTIAL SKILLS TO BE AGENTS OF CHANGE IN A 21ST CENTURY GLOBAL SOCIETY.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03569
IRS990/AdvertisingGrp/TotalAmt03569
IRS990/AllOtherContributionsAmt0152797
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PENSAR ACADEMY
IRS990/BooksInCareOfDetail/PhoneNum06023834013
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06135 N BLACK CANYON HWY
IRS990/BooksInCareOfDetail/USAddress/CityNm0PHOENIX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd085015
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0115288
IRS990/CashNonInterestBearingGrp/EOYAmt084215
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt075452
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt075452
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt029260
IRS990/ConferencesMeetingsGrp/TotalAmt029260
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0113025
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 31934
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0PHOENIX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0AZ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd085046
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0EVENT SOURCE
IRS990/ContractorCompensationGrp/ServicesDesc0TRANSPORTATION
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01160563
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0568598
IRS990/CYOtherRevenueAmt01767
IRS990/CYProgramServiceRevenueAmt01510
IRS990/CYRevenuesLessExpensesAmt0106288
IRS990/CYSalariesCompEmpBnftPaidAmt0488954
IRS990/CYTotalExpensesAmt01057552
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01163840
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt03244
IRS990/DepreciationDepletionGrp/TotalAmt03244
IRS990/Desc0ALL OUR STUDENTS WILL CRITICALLY NAVIGATE NEW CHALLENGES TO RESOLUTION, COLLABORATE AND COMMUNICATE WITH PURPOSE AND PRODUCTION, AND REACH THEIR FULL POTENTIAL IN POST-SECONDARY EDUCATION TO BECOME AGENTS OF CHANGE WITHIN THE COMMUNITY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt014
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0896973
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt017250
IRS990/FeesForServicesAccountingGrp/TotalAmt017250
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01454
IRS990/FeesForServicesLegalGrp/TotalAmt01454
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06760
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt044671
IRS990/FeesForServicesOtherGrp/TotalAmt051431
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0SANDRA ZUPETZ
IRS990/Form990PartVIISectionAGrp/PersonNm1PATRICIA MERCADO
IRS990/Form990PartVIISectionAGrp/PersonNm2BARBARA SANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm3GERRY GARCIA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt052500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt322766
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CFO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt01007766
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01163840
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt017908
IRS990/InsuranceGrp/TotalAmt017908
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02382
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0211388
IRS990/LandBldgEquipCostOrOtherBssAmt0213770
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PENSAR ACADEMY WILL DEVELOP MIDDLE SCHOOL STUDENTS WITH THE ESSENTIAL SKILLS TO BE AGENTS OF CHANGE IN A 21ST CENTURY GLOBAL SOCIETY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-6594
IRS990/NetAssetsOrFundBalancesEOYAmt099694
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt081058
IRS990/OccupancyGrp/TotalAmt081058
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt028770
IRS990/OfficeExpensesGrp/ProgramServicesAmt0138674
IRS990/OfficeExpensesGrp/TotalAmt0167444
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt010000
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03644
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017349
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020993
IRS990/OtherExpensesGrp/Desc0STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt0110500
IRS990/OtherExpensesGrp/ProgramServicesAmt173339
IRS990/OtherExpensesGrp/ProgramServicesAmt212141
IRS990/OtherExpensesGrp/TotalAmt0110500
IRS990/OtherExpensesGrp/TotalAmt173339
IRS990/OtherExpensesGrp/TotalAmt212141
IRS990/OtherLiabilitiesGrp/BOYAmt0224920
IRS990/OtherLiabilitiesGrp/EOYAmt0291885
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01767
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01767
IRS990/OtherRevenueTotalAmt01767
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0359254
IRS990/OtherSalariesAndWagesGrp/TotalAmt0359254
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05772
IRS990/PayrollTaxesGrp/ProgramServicesAmt027483
IRS990/PayrollTaxesGrp/TotalAmt033255
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0103034
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0111216
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05566
IRS990/PrincipalOfficerNm0SANDRA ZUPETZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01510
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01510
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0128114
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt073403
IRS990/PYRevenuesLessExpensesAmt0-6594
IRS990/PYSalariesCompEmpBnftPaidAmt045630
IRS990/PYTotalExpensesAmt0134708
IRS990/PYTotalProfFndrsngExpnsAmt015675
IRS990/PYTotalRevenueAmt0128114
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0106288
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01510
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0804
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt010138
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02382
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012520
IRS990ScheduleD/ExpensesSubtotalAmt01057552
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0201250
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0201250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0198910
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt174845
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt218130
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE INCENTIVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNEARNED REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED LEASE EXPENSE
IRS990ScheduleD/RevenueSubtotalAmt01163840
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0211388
IRS990ScheduleD/TotalExpensesPerForm990Amt01057552
IRS990ScheduleD/TotalLiabilityAmt0291885
IRS990ScheduleD/TotalRevenuePerForm990Amt01163840
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01163840
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01057552
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S PUBLICIZES THEIR NONDISCRIMINATION POLICY AT THE SCHOOL AND IN THE EMPLOYEE HANDBOOK.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NO SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE AWARDED
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL WAS AWARDED THE ARIZONA SCHOOLS CHARTER PROGRAM GRANT AND RECIEVED FUNDING FROM THE STATE OF ARIZONA. THE PRIMARY PURPOSE OF THE CSP (TITLE V, PART B, SUBPART 1 OF THE ESEA) IS TO EXPAND THE NUMBER OF HIGH-QUALITY CHARTER SCHOOLS AVAILABLE TO STUDENTS ACROSS THE NATION BY PROVIDING FEDERAL FINANCIAL ASSISTANCE FOR CHARTER SCHOOL PLANNING, PROGRAM DESIGN, AND INITIAL IMPLEMENTATION; AND TO EVALUATE THE EFFECTS OF CHARTER SCHOOLS, INCLUDING THEIR EFFECTS ON STUDENTS (IN PARTICULAR, ON STUDENT ACADEMIC ACHIEVEMENT), STAFF, AND PARENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE CEO AND THE OPERATIONS MANAGER AND THEN FORWARDED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTORS WILL ANNUALLY SIGN THE SCHOOL'S CONFLICT OF INTEREST ACKNOWLEDGEMENT STATEMENT AT THE FIRST BUDGET MEETING IN JULY OR DISCLOSE CONFLICTS AT THAT TIME. IF THERE IS A CONFLICT A COMMITTEE WILL BE ASSIGNED TO REVIEW THE POTENTIAL CONFLICT AND DETERMINE WHAT THE OUTCOME OF THE MATTER WILL BE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL COMPENSATION AGREEMENTS FOR TOP OFFICIALS ARE TAKEN TO THE BOARD OF DIRECTORS FOR APPROVAL. SALARIES ARE COMPARED TO AVERAGES IN THE INDUSTRY TO STAY COMPARABLE TO OTHER CHARTER SCHOOLS IN THE AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
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/TotalAssetsBOYAmt0219126
IRS990/TotalAssetsEOYAmt0422385
IRS990/TotalAssetsGrp/BOYAmt0219126
IRS990/TotalAssetsGrp/EOYAmt0422385
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01160563
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0160579
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0896973
IRS990/TotalFunctionalExpensesGrp/TotalAmt01057552
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0225720
IRS990/TotalLiabilitiesEOYAmt0322691
IRS990/TotalLiabilitiesGrp/BOYAmt0225720
IRS990/TotalLiabilitiesGrp/EOYAmt0322691
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-6594
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt099694
IRS990/TotalProgramServiceExpensesAmt0896973
IRS990/TotalProgramServiceRevenueAmt01510
IRS990/TotalReportableCompFromOrgAmt075266
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03277
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01163840
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0219126
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0422385
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-6594
IRS990/UnrestrictedNetAssetsGrp/EOYAmt099694
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06135 N BLACK CANYON HWY
IRS990/USAddress/CityNm0PHOENIX
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085015
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0PENSARACADEMY.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SANDRA ZUPETZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum06023834013
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PENSAR ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0PENS
ReturnHeader/Filer/EIN0473676800
ReturnHeader/Filer/PhoneNum06023834013
ReturnHeader/Filer/USAddress/AddressLine1Txt06135 N BLACK CANYON HWY
ReturnHeader/Filer/USAddress/CityNm0PHOENIX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085015
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C9EA127B1123C2B9B9F7603DADE3E0DDF46E87D1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06E281AA5297327A144FF8F8621DBF88A7370D791
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454728843
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ASPIRE BUSINESS CONSULTANTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 12084
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLENDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0853182084
ReturnHeader/PreparerPersonGrp/PhoneNum06028812483
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HEATHER JONES
ReturnHeader/ReturnTs02018-05-14T21:32:54-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$422,385
Liabilities
$322,691
Net assets
$99,694
Revenue
$1,163,840
Expenses
$1,057,552
Net income
$106,288
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.88$6.63$1.25$3.37$3.46$0.09
2023Detailed filing. Detailed filing data is available for this year.$8.21$6.86$1.35$3.35$3.17$0.17
2022Detailed filing. Detailed filing data is available for this year.$8.12$6.93$1.18$2.96$2.81$0.16
2021Detailed filing. Detailed filing data is available for this year.$8.07$6.98$1.09$2.86$2.40$0.46
2020Detailed filing. Detailed filing data is available for this year.$1.06$0.40$0.66$2.55$2.20$0.36
2019Detailed filing. Detailed filing data is available for this year.$0.79$0.49$0.30$2.57$2.31$0.26
2018Detailed filing. Detailed filing data is available for this year.$0.49$0.46$0.04$1.65$1.71$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.42$0.32$0.10$1.16$1.06$0.11
2016Summary only. Only limited summary data is available for this year.$0.22$0.23$0.13$0.13$0.01