Civic Intelligence

Hanover Academy

990 • Fiscal year 2020 • EIN 54-0662239

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

Organization Profilewww.hanoveracademy.org
115 Frances RoadAshland, VA 23005

(804) 798-8413

Siviq Scores

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

Liabilities / Assets

97th percentile

2.22x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

1.15x

Higher debt load relative to revenue than 95% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

50th percentile

5.1%

Higher net margin than 50% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

74th percentile

34%

Faster asset growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

67th percentile

3.0%

Faster revenue growth than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$239,009

Up $60,653 (+34%) from 2019

Net Assets

Up

-$291,822

Up $23,463 (+7.4%) from 2019

Liabilities

Up

$530,831

Up $37,190 (+7.5%) from 2019

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin50th percentile

Revenue

Up

$462,492

Up $13,628 (+3.0%) from 2019

Expenses

Up

$439,029

Up $2,586 (+0.6%) from 2019

Net Income

Up

$23,463

Up $11,042 (+89%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$1.0M$500K$0-$500KAssets 2010: $305,692Liabilities 2010: $426,785Net Assets 2010: -$121,0932010Assets 2011: $283,626Liabilities 2011: $391,600Net Assets 2011: -$107,9742011Assets 2012: $260,081Liabilities 2012: $430,225Net Assets 2012: -$170,1442012Assets 2013: $244,471Liabilities 2013: $427,043Net Assets 2013: -$182,5722013Assets 2014: $252,858Liabilities 2014: $489,318Net Assets 2014: -$236,4602014Assets 2015: $277,261Liabilities 2015: $513,184Net Assets 2015: -$235,9232015Assets 2016: $248,442Liabilities 2016: $539,075Net Assets 2016: -$290,6332016Assets 2017: $229,022Liabilities 2017: $542,548Net Assets 2017: -$313,5262017Assets 2018: $186,720Liabilities 2018: $514,426Net Assets 2018: -$327,7062018Assets 2019: $178,356Liabilities 2019: $493,641Net Assets 2019: -$315,2852019Assets 2020: $239,009Liabilities 2020: $530,831Net Assets 2020: -$291,8222020Assets 2021: $619,324Liabilities 2021: $523,549Net Assets 2021: $95,7752021Assets 2022: $905,508Liabilities 2022: $475,724Net Assets 2022: $429,7842022Assets 2023: $909,285Liabilities 2023: $294,622Net Assets 2023: $614,6632023Assets 2024: $930,513Liabilities 2024: $301,810Net Assets 2024: $628,7032024Assets 2025: $915,734Liabilities 2025: $289,605Net Assets 2025: $626,1292025

Highlighted filing

2020

Assets$239,009
Liabilities$530,831
Net Assets-$291,822
Open 2020 Filing

Operations Trend

Revenue Growth67th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $732,0042010Revenue 2011: $625,411Expenses 2011: $635,193Net Income 2011: -$9,7822011Expenses 2012: $620,9192012Revenue 2013: $578,510Expenses 2013: $590,938Net Income 2013: -$12,4282013Revenue 2014: $472,538Expenses 2014: $526,426Net Income 2014: -$53,8882014Revenue 2015: $485,600Expenses 2015: $485,063Net Income 2015: $5372015Revenue 2016: $382,465Expenses 2016: $423,956Net Income 2016: -$41,4912016Revenue 2017: $406,190Expenses 2017: $404,283Net Income 2017: $1,9072017Revenue 2018: $516,232Expenses 2018: $444,095Net Income 2018: $72,1372018Revenue 2019: $448,864Expenses 2019: $436,443Net Income 2019: $12,4212019Revenue 2020: $462,492Expenses 2020: $439,029Net Income 2020: $23,4632020Revenue 2021: $931,413Expenses 2021: $543,816Net Income 2021: $387,5972021Revenue 2022: $988,761Expenses 2022: $654,752Net Income 2022: $334,0092022Revenue 2023: $868,436Expenses 2023: $780,131Net Income 2023: $88,3052023Revenue 2024: $818,655Expenses 2024: $804,615Net Income 2024: $14,0402024Revenue 2025: $774,453Expenses 2025: $777,027Net Income 2025: -$2,5742025

Highlighted filing

2020

Revenue$462,492
Expenses$439,029
Net Income$23,463
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 10, 2020
Return Version
2019v5.1
Gross Receipts
$462,492
Mission and Program Overview

Mission

Education pre-k through eighth grade

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$130,250$132,292▲ $2,042
Loans From Officers Directors$123,550$115,200▼ $8,350
Savings and Temporary Cash Investments$26,579$78,170▲ $51,591
Accounts Receivable$14,475$27,779▲ $13,304
Total Assets$178,356$239,009▲ $60,653
Other Assets Total$7,052$768▼ $6,284
Liabilities
Mortgage Notes Payable Secured by Investment Property$350,979$406,861▲ $55,882
Accounts Payable and Accrued Expenses$19,112$8,770▼ $10,342
Total Liabilities$493,641$530,831▲ $37,190
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-315,285$-291,822▲ $23,463
Total Net Assets Fund Balance$-315,285$-291,822▲ $23,463
Total Liabilities and Net Assets / Fund Balance$178,356$239,009▲ $60,653

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$132,292--
Other Assets Org$768--
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Michelle HuffPresident
Dale FoleyBoard Member
Mark HughesBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$414,319
Investment Income
$133
Other Revenue
$48,040
Change in Net Assets
$23,463
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$326,097
Other Expenses$112,932
Total Fundraising Expense$7,510
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$238,841$66,623-$305,464
All Other Expenses$21,166-$7,510$28,676
Payroll Taxes$15,909$4,724-$20,633
Interest$18,575--$18,575
Depreciation Depletion-$8,657-$8,657
Other Expenses$7,619--$7,619
Insurance$7,509--$7,509
Fees for Services Accounting$5,503$1,171-$6,674
Advertising$3,222--$3,222
Total Functional Expenses$350,344$81,175$7,510$439,029
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$48,040
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
All----
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$123,550$115,200▼ $8,350
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 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
Yes
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 governing body review Part VI line 11

“The governing body does not require a review of the tax return. It is reviewed by the head mistress and is prepared from the audited financial statements.”

Conflict of interest policy compliance Part VI line 12C

“The organization strictly enforces compliance of the confilict of interest policy.”

CEO executive director top management comp Part VI line 15A

“All compensation is reviewed by the board and is given market analysis for the geographic area.”

Other officer or key employee compensation Part VI line 15B

“All compensation is reviewed by the board and is given market analysis for the geographic area.”

Governing documents etc available to public Part VI line 19

“Governing documents are made avaialble to the public upon request”

Filing and Contact Details

Filer

Filer Name
Hanover Academy
EIN
54-0662239
Address
115 FRANCES ROAD, ASHLAND, VA 23005

Signing Officer

Name
Rebecca Thomas
Title
Head Master
Phone
8047988413
Signed
2020-11-10
Discuss with paid preparer
Yes

Organization Details

Formed
1959
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
21

Preparer

Firm
Snellings and Associates LLC
Address
4801 Hermitage Rd Suite 10, Richmond, VA 23227
Preparer
Stanley B Snellings III
Phone
8042667577
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Prior year tax return was prepared with unaudited financial statements. Post audit this change was necessary.”

Raw XML Appendix370 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/BOYAmt019112
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt08770
IRS990/AccountsReceivableGrp/BOYAmt014475
IRS990/AccountsReceivableGrp/EOYAmt027779
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0EDUCATION PRE-K THROUGH EIGHTH GRADE
IRS990/AdvertisingGrp/ProgramServicesAmt03222
IRS990/AdvertisingGrp/TotalAmt03222
IRS990/AllOtherExpensesGrp/FundraisingAmt07510
IRS990/AllOtherExpensesGrp/ProgramServicesAmt021166
IRS990/AllOtherExpensesGrp/TotalAmt028676
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Rebecca Thomas
IRS990/BooksInCareOfDetail/PhoneNum08047988413
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0115 Frances Road
IRS990/BooksInCareOfDetail/USAddress/CityNm0Ashland
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023005
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0133
IRS990/CYOtherExpensesAmt0112932
IRS990/CYOtherRevenueAmt048040
IRS990/CYProgramServiceRevenueAmt0414319
IRS990/CYRevenuesLessExpensesAmt023463
IRS990/CYSalariesCompEmpBnftPaidAmt0326097
IRS990/CYTotalExpensesAmt0439029
IRS990/CYTotalFundraisingExpenseAmt07510
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0462492
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt08657
IRS990/DepreciationDepletionGrp/TotalAmt08657
IRS990/Desc0HANOVER ACADEMY IS AN EDUCATIONAL INSTITUTION THATPROVIDES ELEMENTARY AND JUNIOR HIGH SCHOOL SERVICES AND DAY CARE TOCHILDREN.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt021
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0350344
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01171
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05503
IRS990/FeesForServicesAccountingGrp/TotalAmt06674
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0Michelle Huff
IRS990/Form990PartVIISectionAGrp/PersonNm1Mark Hughes
IRS990/Form990PartVIISectionAGrp/PersonNm2Dale Foley
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01959
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingGrossIncomeAmt048040
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0462492
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt07509
IRS990/InsuranceGrp/TotalAmt07509
IRS990/InterestGrp/ProgramServicesAmt018575
IRS990/InterestGrp/TotalAmt018575
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0133
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0133
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0130250
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0132292
IRS990/LandBldgEquipCostOrOtherBssAmt0132292
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0123550
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0115200
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EDUCATION PRE-K THROUGH EIGHTH GRADE
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0350979
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0406861
IRS990/NetAssetsOrFundBalancesBOYAmt0-315285
IRS990/NetAssetsOrFundBalancesEOYAmt0-291822
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt048040
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt048040
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-315285
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-291822
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07052
IRS990/OtherAssetsTotalGrp/EOYAmt0768
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1FEILD TRIPS
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3KITCHEN EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt027021
IRS990/OtherExpensesGrp/ProgramServicesAmt11062
IRS990/OtherExpensesGrp/ProgramServicesAmt23917
IRS990/OtherExpensesGrp/ProgramServicesAmt37619
IRS990/OtherExpensesGrp/TotalAmt027021
IRS990/OtherExpensesGrp/TotalAmt11062
IRS990/OtherExpensesGrp/TotalAmt23917
IRS990/OtherExpensesGrp/TotalAmt37619
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt066623
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0238841
IRS990/OtherSalariesAndWagesGrp/TotalAmt0305464
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04724
IRS990/PayrollTaxesGrp/ProgramServicesAmt015909
IRS990/PayrollTaxesGrp/TotalAmt020633
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1PRESCHOOL DAY CARE CAMP
IRS990/ProgramServiceRevenueGrp/Desc2OTHER SEE STMT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0129585
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1239226
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt245508
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0129585
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1239226
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt245508
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt071
IRS990/PYOtherExpensesAmt0122802
IRS990/PYOtherRevenueAmt044768
IRS990/PYProgramServiceRevenueAmt0404025
IRS990/PYRevenuesLessExpensesAmt012421
IRS990/PYSalariesCompEmpBnftPaidAmt0313641
IRS990/PYTotalExpensesAmt0436443
IRS990/PYTotalRevenueAmt0448864
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt023463
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026579
IRS990/SavingsAndTempCashInvstGrp/EOYAmt078170
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0768
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PREPAID ASSETS AND DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0132292
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0132292
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0132292
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0768
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ALL
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt013600
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt191000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt210600
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CASH FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1CASH FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2CASH FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt033800
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt191000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt210600
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0REBECCA THOMAS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1DALE FOLEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2GREGG BENTLEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0HEAD OF SCHOOL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1BOARD MEMMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2VICE PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2false
IRS990ScheduleL/TotalBalanceDueAmt0115200
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BODY DOES NOT REQUIRE A REVIEW OF THE TAX RETURN. IT IS REVIEWED BY THE HEAD MISTRESS AND IS PREPARED FROM THE AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION STRICTLY ENFORCES COMPLIANCE OF THE CONFILICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL COMPENSATION IS REVIEWED BY THE BOARD AND IS GIVEN MARKET ANALYSIS FOR THE GEOGRAPHIC AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL COMPENSATION IS REVIEWED BY THE BOARD AND IS GIVEN MARKET ANALYSIS FOR THE GEOGRAPHIC AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAIALBLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRIOR YEAR TAX RETURN WAS PREPARED WITH UNAUDITED FINANCIAL STATEMENTS. POST AUDIT THIS CHANGE WAS NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0178356
IRS990/TotalAssetsEOYAmt0239009
IRS990/TotalAssetsGrp/BOYAmt0178356
IRS990/TotalAssetsGrp/EOYAmt0239009
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07510
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt081175
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0350344
IRS990/TotalFunctionalExpensesGrp/TotalAmt0439029
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0493641
IRS990/TotalLiabilitiesEOYAmt0530831
IRS990/TotalLiabilitiesGrp/BOYAmt0493641
IRS990/TotalLiabilitiesGrp/EOYAmt0530831
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-315285
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-291822
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0350344
IRS990/TotalProgramServiceRevenueAmt0414319
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt048040
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0414452
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0462492
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0178356
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0239009
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0http://www.hanoveracademy.org/
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Rebecca Thomas
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEAD MASTER
ReturnHeader/BusinessOfficerGrp/PhoneNum08047988413
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HANOVER ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0HANO
ReturnHeader/Filer/EIN0540662239
ReturnHeader/Filer/USAddress/AddressLine1Txt0115 FRANCES ROAD
ReturnHeader/Filer/USAddress/CityNm0ASHLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023005
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00F626287FA496E60D041D9FC47A3FB067105229C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00F626287FA496E60D041D9FC47A3FB067105229C
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId05466162020317b1rymnk
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-11-12
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.12.89.9
ReturnHeader/FilingSecurityInformation/IPDt02020-11-12
ReturnHeader/FilingSecurityInformation/IPTm007:19:49
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Snellings and Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04801 Hermitage Rd Suite 10
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Richmond
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023227
ReturnHeader/PreparerPersonGrp/PhoneNum08042667577
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Stanley B Snellings III
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-11-12T07:18:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$239,009
Liabilities
$530,831
Net assets
-$291,822
Revenue
$462,492
Expenses
$439,029
Net income
$23,463
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.16$2.90$6.26$7.74$7.77$0.03
2024Detailed filing. Detailed filing data is available for this year.$9.31$3.02$6.29$8.19$8.05$0.14
2023Detailed filing. Detailed filing data is available for this year.$9.09$2.95$6.15$8.68$7.80$0.88
2022Detailed filing. Detailed filing data is available for this year.$9.06$4.76$4.30$9.89$6.55$3.34
2021Detailed filing. Detailed filing data is available for this year.$6.19$5.24$0.96$9.31$5.44$3.88
2020Detailed filing. Detailed filing data is available for this year.$2.39$5.31$2.92$4.62$4.39$0.23
2019Detailed filing. Detailed filing data is available for this year.$1.78$4.94$3.15$4.49$4.36$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.87$5.14$3.28$5.16$4.44$0.72
2017Detailed filing. Detailed filing data is available for this year.$2.29$5.43$3.14$4.06$4.04$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.48$5.39$2.91$3.82$4.24$0.41
2015Detailed filing. Detailed filing data is available for this year.$2.77$5.13$2.36$4.86$4.85$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.53$4.89$2.36$4.73$5.26$0.54
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$4.27$1.83$5.79$5.91$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$4.30$1.70$6.21
2011Summary only. Only limited summary data is available for this year.$2.84$3.92$1.08$6.25$6.35$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$4.27$1.21$7.32