Civic Intelligence

Albert Einstein Academy Inc.

990 • Fiscal year 2019 • EIN 51-0110582

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 10, 2020

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

87th percentile

0.55x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

0.32x

Higher debt load relative to revenue than 81% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

49th percentile

3.4%

Higher net margin than 49% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

87th percentile

$97,799

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

59th percentile

7.1%

Faster asset growth than 59% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

36th percentile

-2.4%

Faster revenue growth than 36% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$492,171

Up $32,710 (+7.1%) from 2018

Net Assets

Up

$221,575

Up $28,671 (+15%) from 2018

Liabilities

Up

$270,596

Up $4,039 (+1.5%) from 2018

Revenue

Down

$846,060

Down $20,901 (-2.4%) from 2018

Expenses

Down

$817,475

Down $47,847 (-5.5%) from 2018

Net Income

Up

$28,585

Up $26,946 (+1644%) from 2018

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

2019

Assets$492,171
Liabilities$270,596
Net Assets$221,575

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

2019

Revenue$846,060
Expenses$817,475
Net Income$28,585
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 10, 2020
Return Version
2018v3.1
Gross Receipts
$859,259
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$265,710$239,627▼ $26,083
Investments Other Securities$169,495$177,760▲ $8,265
Savings and Temporary Cash Investments$10,649$41,015▲ $30,366
Cash and Non-Interest-Bearing Accounts$7,052$18,384▲ $11,332
Accounts Receivable$4,808$15,385▲ $10,577
Prepaid Expenses and Deferred Charges$1,747--
Total Assets$459,461$492,171▲ $32,710
Liabilities
Unsecured Notes Loans Payable$210,000$210,000→ $0
Accounts Payable and Accrued Expenses$35,540$42,182▲ $6,642
Deferred Revenue$6,314$18,414▲ $12,100
Other Liabilities$14,703$0▼ $14,703
Total Liabilities$266,557$270,596▲ $4,039
Net Assets / Fund Balance
Permanently Rstr Net Assets$125,000$125,000→ $0
Temporarily Rstr Net Assets$44,495$54,851▲ $10,356
Unrestricted Net Assets$23,409$41,724▲ $18,315
Total Net Assets Fund Balance$192,904$221,575▲ $28,671
Total Liabilities and Net Assets / Fund Balance$459,461$492,171▲ $32,710

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$239,627$356,287$595,914
Equipment$0$24,999$24,999
Other Securities$177,760--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$169,495-▲ $8,265-$177,760
2017$157,340-▲ $12,155-$169,495
2016$140,738-▲ $16,602-$157,340
2015$138,452$5,000▼ $2,714-$140,738
2014$181,609-▲ $683$43,840$138,452
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeremy WinakerHead of SchoolFT$23,565$74,234$97,799

Board Members and Trustees

NameTitle
Jared GellertPresident
Michelle MarguliesVice President
Robin SaranJfd Liaison
Gabe KopinMember
Jonathan PerryMember
Liz PlatsisMember
Mark KullerMember
Janie TruittTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$543,073
Program Service Revenue
$246,850
Investment Income
$11,535
Other Revenue
$44,602
All Other Contributions
$530,392
Change in Net Assets
$28,585
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$514,110
Other Expenses$236,313
Professional Fundraising Fees$54,852
Total Fundraising Expense$54,852
Grants and Similar Amounts Paid$12,200

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$259,434$86,478-$345,912
Occupancy$122,305$21,583-$143,888
Current Officers, Directors, Trustees, and Key Employees$73,350$24,449-$97,799
Fees for Services Professional Fundraising--$54,852$54,852
Other Employee Benefits$35,030$11,677-$46,707
Payroll Taxes$17,769$5,923-$23,692
Depreciation Depletion$12,819$2,262-$15,081
All Other Expenses$8,429$5,321-$13,750
Grants to Domestic Individuals$12,200--$12,200
Insurance-$5,104-$5,104
Fees for Services Accounting-$5,000-$5,000
Other Expenses$4,946$18,225-$4,946
Interest-$4,749-$4,749
Office Expenses$2,063$2,064-$4,127
Fees for Services Other$2,118$530-$2,648
Conferences and Meetings$1,831--$1,831
Fees for Service Investment Mgmnt Fees-$1,692-$1,692
Total Functional Expenses$567,566$195,057$54,852$817,475
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$54,852
Fundraising Gross Income$12,701
Fundraising Direct Expenses$160
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
Yes
Audit committee
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
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 11B

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
Janie Truitt
Title
Treasurer
Phone
3024785026
Signed
2020-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janie Truitt
Formed
1970
Legal Domicile
De
Voting Board Members
8
Independent Board Members
8
Employees
21
Volunteers
50

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 XII, LINE 2C:

The board reviews and approves the financial statements accompanying the independent accountants' review report. 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. The fund is held and managed by the jewish federation of delaware in its fund for the future.

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
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IRS990/OfficeExpensesGrp/ProgramServicesAmt02063
IRS990/OfficeExpensesGrp/TotalAmt04127
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011677
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt035030
IRS990/OtherEmployeeBenefitsGrp/TotalAmt046707
IRS990/OtherExpensesGrp/Desc0EQUIPMENT MAINTENANCE A
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2TEXTBOOKS
IRS990/OtherExpensesGrp/Desc3GRANT EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018225
IRS990/OtherExpensesGrp/ProgramServicesAmt07710
IRS990/OtherExpensesGrp/ProgramServicesAmt17562
IRS990/OtherExpensesGrp/ProgramServicesAmt24946
IRS990/OtherExpensesGrp/TotalAmt018225
IRS990/OtherExpensesGrp/TotalAmt17710
IRS990/OtherExpensesGrp/TotalAmt27562
IRS990/OtherExpensesGrp/TotalAmt34946
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt014703
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0SCHOOL CLUB FEES AND O
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt016744
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016744
IRS990/OtherRevenueTotalAmt016744
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt086478
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0259434
IRS990/OtherSalariesAndWagesGrp/TotalAmt0345912
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05923
IRS990/PayrollTaxesGrp/ProgramServicesAmt017769
IRS990/PayrollTaxesGrp/TotalAmt023692
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0125000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0125000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01747
IRS990/PrincipalOfficerNm0JANIE TRUITT
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND RELATED FE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0246850
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0246850
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0547342
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt090248
IRS990/PYInvestmentIncomeAmt07943
IRS990/PYOtherExpensesAmt0226540
IRS990/PYOtherRevenueAmt028077
IRS990/PYProgramServiceRevenueAmt0283599
IRS990/PYRevenuesLessExpensesAmt01639
IRS990/PYSalariesCompEmpBnftPaidAmt0500399
IRS990/PYTotalExpensesAmt0865322
IRS990/PYTotalProfFndrsngExpnsAmt048135
IRS990/PYTotalRevenueAmt0866961
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt028585
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt015317
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0263594
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010649
IRS990/SavingsAndTempCashInvstGrp/EOYAmt041015
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/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0169495
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0177760
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt08265
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0157340
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0169495
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012155
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0140738
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0157340
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt016602
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0138452
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt05000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0140738
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2714
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0181609
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0138452
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0683
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt043840
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024999
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024999
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0239627
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0356287
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0595914
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0177760
IRS990ScheduleD/OtherSecuritiesGrp/Desc0POOLED INVESTMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.70300
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. THE FUND IS HELD AND MANAGED BY THE JEWISH FEDERATION OF DELAWARE IN ITS FUND FOR THE FUTURE.
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/TermEndowmentBalanceEOYPct00.29700
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0239627
IRS990ScheduleD/TotalBookValueSecuritiesAmt0177760
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/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0DESIGNER OF FUNDRAISING CAMPAIGNS AND RELATED MATERIALS.
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0435275
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0387275
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0MARLA R COVIN
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt048000
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt01124 OLD POST CIRCLE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0GARNET VALLEY
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd019060
IRS990ScheduleG/LicensedStatesCd0DE
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt0435275
IRS990ScheduleG/TotalNetToOrganizationAmt0387275
IRS990ScheduleG/TotalRetainedByContractorsAmt048000
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt012200
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0TUITION DISCOUNTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt023
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0CASH VALUE
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0APPLICANTS MUST APPLY FOR ASSISTANCE THROUGH THE SCHOOL. WHEN ASSISTANCE IS AWARDED, THE APPLICANT'S TUITION IS REDUCED ACCORDINGLY.
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.

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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
2019Detailed filing. Detailed filing data is available for this year.$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