Civic Intelligence

Albert Einstein Academy Inc.

990 • Fiscal year 2015 • EIN 51-0110582

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 16, 2016

101 Garden Of Eden RoadWilmington, DE 19803

(302) 478-5026

Siviq Scores

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

Liabilities / Assets

66th percentile

0.27x

Higher debt load relative to assets than 66% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.14x

Higher debt load relative to revenue than 55% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

21st percentile

-10%

Higher net margin than 21% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

10th percentile

-12%

Faster asset growth than 10% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

17th percentile

-16%

Faster revenue growth than 17% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$503,444

Down $71,105 (-12%) from 2014

Net Assets

Down

$366,819

Down $105,155 (-22%) from 2014

Liabilities

Up

$136,625

Up $34,050 (+33%) from 2014

Revenue

Down

$981,491

Down $181,980 (-16%) from 2014

Expenses

Down

$1,082,372

Down $72,221 (-6.3%) from 2014

Net Income

Down

-$100,881

Down $109,759 (-1236%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $565,959Liabilities 2011: $65,775Net Assets 2011: $500,1842011Assets 2012: $530,795Liabilities 2012: $57,695Net Assets 2012: $473,1002012Assets 2013: $528,961Liabilities 2013: $83,121Net Assets 2013: $445,8402013Assets 2014: $574,549Liabilities 2014: $102,575Net Assets 2014: $471,9742014Assets 2015: $503,444Liabilities 2015: $136,625Net Assets 2015: $366,8192015Assets 2016: $485,433Liabilities 2016: $251,878Net Assets 2016: $233,5552016Assets 2017: $466,270Liabilities 2017: $280,931Net Assets 2017: $185,3392017Assets 2018: $459,461Liabilities 2018: $266,557Net Assets 2018: $192,9042018Assets 2019: $492,171Liabilities 2019: $270,596Net Assets 2019: $221,5752019Assets 2020: $448,595Liabilities 2020: $334,974Net Assets 2020: $113,6212020Assets 2021: $650,214Liabilities 2021: $330,674Net Assets 2021: $319,5402021Assets 2022: $542,413Liabilities 2022: $205,753Net Assets 2022: $336,6602022Assets 2023: $1,328,068Liabilities 2023: $742,506Net Assets 2023: $585,5622023

Highlighted filing

2015

Assets$503,444
Liabilities$136,625
Net Assets$366,819

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $859,2392011Expenses 2012: $1,031,7852012Expenses 2013: $1,074,8382013Revenue 2014: $1,163,471Expenses 2014: $1,154,593Net Income 2014: $8,8782014Revenue 2015: $981,491Expenses 2015: $1,082,372Net Income 2015: -$100,8812015Revenue 2016: $778,702Expenses 2016: $903,686Net Income 2016: -$124,9842016Revenue 2017: $945,980Expenses 2017: $1,005,942Net Income 2017: -$59,9622017Revenue 2018: $866,961Expenses 2018: $865,322Net Income 2018: $1,6392018Revenue 2019: $846,060Expenses 2019: $817,475Net Income 2019: $28,5852019Revenue 2020: $632,377Expenses 2020: $741,388Net Income 2020: -$109,0112020Revenue 2021: $900,997Expenses 2021: $730,045Net Income 2021: $170,9522021Revenue 2022: $861,086Expenses 2022: $785,174Net Income 2022: $75,9122022Revenue 2023: $1,318,505Expenses 2023: $1,085,012Net Income 2023: $233,4932023

Highlighted filing

2015

Revenue$981,491
Expenses$1,082,372
Net Income-$100,881
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 16, 2016
Return Version
2014v6.0
Gross Receipts
$1,002,212
Mission and Program Overview

Mission

To provide optimum learning within a jewish context through comprehensive secular and judaic programs. The academy emphasizes jewish values and offers state-of-the-art elementary education for kindergarten through sixth grade students in the tri-state area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$313,585$341,354▲ $27,769
Investments Other Securities$181,609$138,452▼ $43,157
Cash and Non-Interest-Bearing Accounts$213$13,518▲ $13,305
Accounts Receivable$7,335$7,798▲ $463
Prepaid Expenses and Deferred Charges$6,738$0▼ $6,738
Savings and Temporary Cash Investments$65,069$2,322▼ $62,747
Total Assets$574,549$503,444▼ $71,105
Liabilities
Accounts Payable and Accrued Expenses$33,852$49,750▲ $15,898
Other Liabilities$0$45,208▲ $45,208
Deferred Revenue$68,723$41,667▼ $27,056
Total Liabilities$102,575$136,625▲ $34,050
Net Assets / Fund Balance
Unrestricted Net Assets$290,365$227,207▼ $63,158
Permanently Rstr Net Assets$140,000$125,000▼ $15,000
Temporarily Rstr Net Assets$41,609$14,612▼ $26,997
Total Net Assets Fund Balance$471,974$366,819▼ $105,155
Total Liabilities and Net Assets / Fund Balance$574,549$503,444▼ $71,105

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$298,793$297,121$595,914
Equipment$42,561$34,553$77,114
Other Securities$138,452--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$181,609-▲ $683$43,840$138,452
2013$155,181-▲ $26,428-$181,609
2012$152,183-▲ $27,998$25,000$155,181
2011$156,592-▼ $4,409-$152,183
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeremy WinakerHead of SchoolFT$1,531$90,980$92,511

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$256,729
Program Service Revenue
$658,849
Investment Income
$6,637
Other Revenue
$59,276
All Other Contributions
$256,729
Change in Net Assets
$-100,881
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$554,210
Grants and Similar Amounts Paid$296,893
Other Expenses$231,269
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$316,040$94,402-$410,442
Grants to Domestic Individuals$296,893--$296,893
Occupancy$105,383$26,346-$131,729
Current Officers, Directors, Trustees, and Key Employees$71,234$21,277-$92,511
Payroll Taxes$23,158$5,790-$28,948
Depreciation Depletion-$24,346-$24,346
Other Employee Benefits$17,178$5,131-$22,309
All Other Expenses$16,927$2,008-$18,935
Fees for Services Accounting$10,006--$10,006
Office Expenses$3,244$3,244-$6,488
Insurance-$4,484-$4,484
Other Expenses$4,364$4,707-$4,364
Interest-$4,298-$4,298
Fees for Service Investment Mgmnt Fees-$1,680-$1,680
Conferences and Meetings$1,528--$1,528
Total Functional Expenses$877,809$204,563$0$1,082,372
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$64,844
Fundraising Direct Expenses$20,721
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$50,908$50,908$18,094$32,814
Art Auction$13,936$13,936$2,627$11,309
Total Events$64,844$64,844$20,721$44,123
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligation$45,208
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Many of the parents whose children attend the academy, as well as certain members of the community, are considered members of the school and are included in the voting process for the academy's board members.

Form 990, Part VI, Section A, Line 7A

Many of the parents whose children attend the academy, as well as certain members of the community, are considered members of the school and are included in the voting process for the academy's board members.

Form 990, Part VI, Section A, Line 7B

The academy's committee members are involved in any and all major governance decisions.

Form 990, Part VI, Section B, Line 11

The board of trustees receives a copy of the 990 to review prior to its filing.

Form 990, Part VI, Section C, Line 19

All governing documents, policies, and financial statements are available to the public upon request. In addition, the 990 is available on guidestar.org

Filing and Contact Details

Filer

Filer Name
Albert Einstein Academy
EIN
51-0110582
Phone
3024785026
Address
101 GARDEN OF EDEN ROAD, WILMINGTON, DE 19803

Signing Officer

Name
Michelle Margules
Title
Treasurer
Phone
3024785026
Signed
2016-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Margules
Formed
1970
Legal Domicile
De
Voting Board Members
10
Independent Board Members
10
Employees
21
Volunteers
100

Preparer

Firm
Belfint Lyons & Shuman Pa
Address
1011 CENTRE RD STE 310, WILMINGTON, DE 19805
Preparer
Jonathan D Moll CPA
Phone
3022250600
Supplemental Narrative

Additional Explanations

Form 990, Part X, Lines 28-29

Adjustments have been made to lines 28 and 29 in the prior year column of form 990, part x, to more accurately reflect the net asset classification of the aea/lasko endowment fund. These changes had no effect on previously reported total net assets or total change in net assets.

FORM 990, PART XII, LINE 2C:

The board reviews the reviewed financial statements. No changes in the process took place since the prior year.

Financial Statement Notes

PART V, LINE 4:

The academy's endowment consists of a donor-restricted fund established for development of enrollment of families in chester county. As required by generally accepted accounting principles, net assets associated with endowment funds, including funds designated by the board of directors to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions

PART X, LINE 2:

The academy follows asc 740-10, income taxes, as it relates to uncertain tax positions. Management has reviewed its current and past federal income tax positions and has determined, based on clear and unambiguous tax law and regulations, that the tax positions taken are certain and that there is no likelihood that a material tax assessment would be made if a respective government agency examined tax returns subject to audit. Accordingly, no provision for the effects of uncertain tax positions has been recorded.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/OfficeExpensesGrp/TotalAmt06488
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05131
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017178
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022309
IRS990/OtherExpensesGrp/Desc0TEXTBOOKS
IRS990/OtherExpensesGrp/Desc1EQUIPMENT MAINTENANCE A
IRS990/OtherExpensesGrp/Desc2RECRUITMENT
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06850
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14707
IRS990/OtherExpensesGrp/ProgramServicesAmt011854
IRS990/OtherExpensesGrp/ProgramServicesAmt14364
IRS990/OtherExpensesGrp/TotalAmt011854
IRS990/OtherExpensesGrp/TotalAmt16850
IRS990/OtherExpensesGrp/TotalAmt24707
IRS990/OtherExpensesGrp/TotalAmt34364
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt045208
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0SCHOOL CLUB FEES AND O
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt015153
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt015153
IRS990/OtherRevenueTotalAmt015153
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt094402
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0316040
IRS990/OtherSalariesAndWagesGrp/TotalAmt0410442
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05790
IRS990/PayrollTaxesGrp/ProgramServicesAmt023158
IRS990/PayrollTaxesGrp/TotalAmt028948
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0140000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0125000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06738
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MICHELLE MARGULES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND RELATED FE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0658849
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0658849
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0370151
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0369765
IRS990/PYInvestmentIncomeAmt010862
IRS990/PYOtherExpensesAmt0217900
IRS990/PYOtherRevenueAmt045791
IRS990/PYProgramServiceRevenueAmt0736667
IRS990/PYRevenuesLessExpensesAmt08878
IRS990/PYSalariesCompEmpBnftPaidAmt0566928
IRS990/PYTotalExpensesAmt01154593
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01163471
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-100881
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0674002
IRS990/SavingsAndTempCashInvstGrp/BOYAmt065069
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02322
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/CYEndwmtFundGrp/BeginningYearBalanceAmt0181609
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0138452
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0683
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt043840
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0155181
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0181609
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt026428
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0152183
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0155181
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt027998
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt025000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0156592
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0152183
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-4409
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt042561
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034553
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt077114
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0298793
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0297121
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0595914
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt045208
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE OBLIGATION
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0138452
IRS990ScheduleD/OtherSecuritiesGrp/Desc0POOLED INVESTMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.90200
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY'S ENDOWMENT CONSISTS OF A DONOR-RESTRICTED FUND ESTABLISHED FOR DEVELOPMENT OF ENROLLMENT OF FAMILIES IN CHESTER COUNTY. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ACADEMY FOLLOWS ASC 740-10, INCOME TAXES, AS IT RELATES TO UNCERTAIN TAX POSITIONS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL INCOME TAX POSITIONS AND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGULATIONS, THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THAT THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF A RESPECTIVE GOVERNMENT AGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.09800
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0341354
IRS990ScheduleD/TotalBookValueSecuritiesAmt0138452
IRS990ScheduleD/TotalLiabilityAmt045208
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd00
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL OF ITS LITERATURE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt020721
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ART AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt050908
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt013936
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt064844
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt050908
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt013936
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt064844
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt044123
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt020721
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt018094
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02627
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0296893
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt036
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0APPLICANTS MUST APPLY FOR ASSISTANCE THROUGH THE SCHOOL. WHEN ASSISTANCE IS AWARDED, THE APPLICANT'S TUITION IS REDUCED ACCORIDINGLY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANY OF THE PARENTS WHOSE CHILDREN ATTEND THE ACADEMY, AS WELL AS CERTAIN MEMBERS OF THE COMMUNITY, ARE CONSIDERED MEMBERS OF THE SCHOOL AND ARE INCLUDED IN THE VOTING PROCESS FOR THE ACADEMY'S BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANY OF THE PARENTS WHOSE CHILDREN ATTEND THE ACADEMY, AS WELL AS CERTAIN MEMBERS OF THE COMMUNITY, ARE CONSIDERED MEMBERS OF THE SCHOOL AND ARE INCLUDED IN THE VOTING PROCESS FOR THE ACADEMY'S BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ACADEMY'S COMMITTEE MEMBERS ARE INVOLVED IN ANY AND ALL MAJOR GOVERNANCE DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF TRUSTEES RECEIVES A COPY OF THE 990 TO REVIEW PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE 990 IS AVAILABLE ON GUIDESTAR.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ADJUSTMENTS HAVE BEEN MADE TO LINES 28 AND 29 IN THE PRIOR YEAR COLUMN OF FORM 990, PART X, TO MORE ACCURATELY REFLECT THE NET ASSET CLASSIFICATION OF THE AEA/LASKO ENDOWMENT FUND. THESE CHANGES HAD NO EFFECT ON PREVIOUSLY REPORTED TOTAL NET ASSETS OR TOTAL CHANGE IN NET ASSETS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD REVIEWS THE REVIEWED FINANCIAL STATEMENTS. NO CHANGES IN THE PROCESS TOOK PLACE SINCE THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.33$0.74$0.59$1.32$1.09$0.23
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.21$0.34$0.86$0.79$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.33$0.32$0.90$0.73$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.33$0.11$0.63$0.74$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.27$0.22$0.85$0.82$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.27$0.19$0.87$0.87$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.28$0.19$0.95$1.01$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.25$0.23$0.78$0.90$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.14$0.37$0.98$1.08$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.10$0.47$1.16$1.15$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.08$0.45$1.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.06$0.47$1.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.07$0.50$0.86