Civic Intelligence

Victory Charter School Inc

990 • Fiscal year 2017 • EIN 56-2423033

Jul 01, 2016 to Jun 30, 2017 • Filed on Aug 28, 2017

Organization Profilewww.victorycharterschool.com
PO Box 3454Nampa, ID 83653

(208) 442-9400

Siviq Scores

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

Liabilities / Assets

87th percentile

0.82x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

1.95x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

32nd percentile

-1.3%

Higher net margin than 32% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

36th percentile

$92,365

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

66th percentile

9.3%

Faster asset growth than 66% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

59th percentile

8.3%

Faster revenue growth than 59% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$7,604,916

Up $647,157 (+9.3%) from 2016

Net Assets

Down

$1,336,754

Down $43,081 (-3.1%) from 2016

Liabilities

Up

$6,268,162

Up $690,238 (+12%) from 2016

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin32nd percentile

Revenue

Up

$3,220,789

Up $247,703 (+8.3%) from 2016

Expenses

Up

$3,263,870

Up $712,892 (+28%) from 2016

Net Income

Down

-$43,081

Down $465,189 (-110%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$15M$10M$5.0M$0Assets 2011: $6,433,168Liabilities 2011: $5,422,161Net Assets 2011: $1,011,0072011Assets 2012: $6,196,300Liabilities 2012: $5,243,122Net Assets 2012: $953,1782012Assets 2013: $6,023,469Liabilities 2013: $4,904,518Net Assets 2013: $1,118,9512013Assets 2014: $6,087,902Liabilities 2014: $4,854,770Net Assets 2014: $1,233,1322014Assets 2015: $6,485,416Liabilities 2015: $5,527,689Net Assets 2015: $957,7272015Assets 2016: $6,957,759Liabilities 2016: $5,577,924Net Assets 2016: $1,379,8352016Assets 2017: $7,604,916Liabilities 2017: $6,268,162Net Assets 2017: $1,336,7542017Assets 2018: $7,706,185Liabilities 2018: $5,801,771Net Assets 2018: $1,904,4142018Assets 2019: $8,256,998Liabilities 2019: $5,642,987Net Assets 2019: $2,614,0112019Assets 2020: $8,828,361Liabilities 2020: $5,373,702Net Assets 2020: $3,454,6592020Assets 2021: $9,790,546Liabilities 2021: $5,687,399Net Assets 2021: $4,103,1472021Assets 2022: $10,894,686Liabilities 2022: $5,574,848Net Assets 2022: $5,319,8382022Assets 2023: $11,610,704Liabilities 2023: $5,892,841Net Assets 2023: $5,717,8632023Assets 2024: $14,841,617Liabilities 2024: $8,161,342Net Assets 2024: $6,680,2752024Assets 2025: $14,810,683Liabilities 2025: $7,661,570Net Assets 2025: $7,149,1132025

Highlighted filing

2017

Assets$7,604,916
Liabilities$6,268,162
Net Assets$1,336,754
Open 2017 Filing

Operations Trend

Revenue Growth59th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,556,9042011Expenses 2012: $2,580,7122012Expenses 2013: $2,609,6432013Revenue 2014: $2,695,892Expenses 2014: $2,581,711Net Income 2014: $114,1812014Revenue 2015: $2,948,251Expenses 2015: $2,547,009Net Income 2015: $401,2422015Revenue 2016: $2,973,086Expenses 2016: $2,550,978Net Income 2016: $422,1082016Revenue 2017: $3,220,789Expenses 2017: $3,263,870Net Income 2017: -$43,0812017Revenue 2018: $3,366,771Expenses 2018: $2,799,111Net Income 2018: $567,6602018Revenue 2019: $3,599,597Expenses 2019: $2,890,000Net Income 2019: $709,5972019Revenue 2020: $3,628,582Expenses 2020: $2,787,934Net Income 2020: $840,6482020Revenue 2021: $4,152,070Expenses 2021: $3,526,806Net Income 2021: $625,2642021Revenue 2022: $4,367,011Expenses 2022: $3,150,320Net Income 2022: $1,216,6912022Revenue 2023: $4,057,840Expenses 2023: $3,659,815Net Income 2023: $398,0252023Revenue 2024: $5,064,703Expenses 2024: $4,102,291Net Income 2024: $962,4122024Revenue 2025: $4,904,156Expenses 2025: $4,435,318Net Income 2025: $468,8382025

Highlighted filing

2017

Revenue$3,220,789
Expenses$3,263,870
Net Income-$43,081
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Aug 28, 2017
Return Version
2016v3.0
Gross Receipts
$3,220,789
Mission and Program Overview

Mission

Public Education.

Public Education (Local Educational Agency).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,807,247$4,724,502▼ $82,745
Savings and Temporary Cash Investments$1,570,248$2,075,622▲ $505,374
Cash and Non-Interest-Bearing Accounts$89,214$149,689▲ $60,475
Pledges and Grants Receivable$99,882$109,659▲ $9,777
Prepaid Expenses and Deferred Charges$42,590$101▼ $42,489
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$6,957,759$7,604,916▲ $647,157
Other Assets Total$348,578$545,343▲ $196,765
Liabilities
Tax Exempt Bond Liabilities$4,355,000$4,355,000→ $0
Other Liabilities$886,271$1,452,364▲ $566,093
Accounts Payable and Accrued Expenses$268,073$231,848▼ $36,225
Mortgage Notes Payable Secured by Investment Property$65,000$225,000▲ $160,000
Deferred Revenue$3,580$3,950▲ $370
Total Liabilities$5,577,924$6,268,162▲ $690,238
Net Assets / Fund Balance
Unrestricted Net Assets$1,379,835$1,336,754▼ $43,081
Total Net Assets Fund Balance$1,379,835$1,336,754▼ $43,081
Total Liabilities and Net Assets / Fund Balance$6,957,759$7,604,916▲ $647,157

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,513,087$1,019,648$4,532,735
Land$1,188,878-$1,188,878
Equipment$22,537$109,628$132,165
Other Assets Org$545,343--
Compensation and Service Providers
Top Officer Pay36th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marianne SaundersCo-Admin.FT$82,117$10,248$92,365
Matt McDanielCo-Admin.FT$76,100$9,797$85,897

Board Members and Trustees

NameTitle
Leslie MauldinChair
Sandy ColbertVice Chair
Darren McKenzieBoard Member
Ebe AmaechiBoard Member
Susan LarsonSec./Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,199,863
Program Service Revenue
$0
Investment Income
$20,926
Other Revenue
$0
All Other Contributions
$52,282
Change in Net Assets
$-43,081

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,220,789
Total Revenue per Audited Statements
$3,220,789
Total Revenue per Form 990
$3,220,789
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,676,180
Other Expenses$1,587,690
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,149,506--$1,149,506
Occupancy$201,000$22,330-$223,330
Interest$204,582--$204,582
Current Officers, Directors, Trustees, and Key Employees-$158,400-$158,400
Pension Plan Contributions$120,186$17,931-$138,117
Other Employee Benefits$114,345$15,757-$130,102
Payroll Taxes$87,937$12,118-$100,055
Depreciation Depletion$94,495--$94,495
Other Expenses$64,796$18,863-$64,796
Insurance$20,375$2,264-$22,639
Fees for Services Accounting-$6,112-$6,112
Total Functional Expenses$3,010,095$253,775$0$3,263,870

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,263,870
Total Expenses per Audited Statements$3,263,870
Total Expenses per Form 990$3,263,870
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$800,132
Bond Premium$390,540
Deferred Inflows - Pension Sources$261,692

Bond Issues

BondIssuerIssuedIssue PricePurpose
AVictory Charter School2016-08-31$4,355,000Refund 7/8/09 & 7/9/08 Bonds.
CVictory Charter School2008-07-09$3,800,000Facilities Construction.
BVictory Charter School2009-07-08$745,000Facilities Construction.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$4,762,529-$225,000$83,303
C$3,800,000---
B$745,000---

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is reviewed by designated finance personnel prior to filing.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“All salaries, including those for management and key personnel, are integrated with the state salary funding formula and are independently reviewed, approved, and documented.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“All public information documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Victory Charter School Inc
EIN
56-2423033
Phone
2084429400
Address
PO Box 3454, Nampa, ID 83653

Signing Officer

Name
Leslie Mauldin
Title
Chair
Signed
2017-08-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leslie Mauldin
Formed
2003
Legal Domicile
Id
Voting Board Members
5
Independent Board Members
5
Employees
60
Volunteers
73

Preparer

Firm
Quest CPAs PC
Address
11501 Highway 95, Payette, ID 83661
Preparer
Kurt R Folke
Phone
2086421417
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IRS990/OtherAssetsTotalGrp/EOYAmt0545343
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015757
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0114345
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0130102
IRS990/OtherExpensesGrp/Desc0Bond Issuance & Escrow Costs
IRS990/OtherExpensesGrp/Desc1Curriculum & Supplies
IRS990/OtherExpensesGrp/Desc2Student Transportation
IRS990/OtherExpensesGrp/Desc3Student Meals
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018863
IRS990/OtherExpensesGrp/ProgramServicesAmt0654347
IRS990/OtherExpensesGrp/ProgramServicesAmt1169771
IRS990/OtherExpensesGrp/ProgramServicesAmt2128755
IRS990/OtherExpensesGrp/ProgramServicesAmt364796
IRS990/OtherExpensesGrp/TotalAmt0654347
IRS990/OtherExpensesGrp/TotalAmt1188634
IRS990/OtherExpensesGrp/TotalAmt2128755
IRS990/OtherExpensesGrp/TotalAmt364796
IRS990/OtherLiabilitiesGrp/BOYAmt0886271
IRS990/OtherLiabilitiesGrp/EOYAmt01452364
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01149506
IRS990/OtherSalariesAndWagesGrp/TotalAmt01149506
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012118
IRS990/PayrollTaxesGrp/ProgramServicesAmt087937
IRS990/PayrollTaxesGrp/TotalAmt0100055
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt017931
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0120186
IRS990/PensionPlanContributionsGrp/TotalAmt0138117
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt099882
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0109659
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt042590
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0101
IRS990/PrincipalOfficerNm0Leslie Mauldin
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02969479
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03607
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0906625
IRS990/PYRevenuesLessExpensesAmt0422108
IRS990/PYSalariesCompEmpBnftPaidAmt01644353
IRS990/PYTotalExpensesAmt02550978
IRS990/PYTotalRevenueAmt02973086
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-43081
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01570248
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02075622
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03513087
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01019648
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04532735
IRS990ScheduleD/EquipmentGrp/BookValueAmt022537
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0109628
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0132165
IRS990ScheduleD/ExpensesSubtotalAmt03263870
IRS990ScheduleD/LandGrp/BookValueAmt01188878
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01188878
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0545343
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows - Pension Sources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0390540
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1261692
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2800132
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Bond Premium
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Inflows - Pension Sources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Net Pension Liability
IRS990ScheduleD/RevenueSubtotalAmt03220789
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04724502
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0545343
IRS990ScheduleD/TotalExpensesPerForm990Amt03263870
IRS990ScheduleD/TotalLiabilityAmt01452364
IRS990ScheduleD/TotalRevenuePerForm990Amt03220789
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03220789
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03263870
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/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The school is a state chartered public school and receives substantially all of its support from the Idaho State Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1As a state chartered public school policy communications are the same as required for traditional public school districts and are accomplished during admissions.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd2C
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd1false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd2false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt08/31/16 bond proceeds were $407,529 greater than issue price due to bond premium. 7/9/08 & 7/8/09 bonds had rebate computations last performed on 8/15/16.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd1true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd2true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd2false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02016-08-31
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12009-07-08
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt22008-07-09
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0562423033
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1562423033
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN2562423033
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum045129GCR4
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum145129GBR5
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum245129GBJ3
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd1true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd2true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt04355000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt1745000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt23800000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0Victory Charter School
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1Victory Charter School
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt2Victory Charter School

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$7,604,916
Liabilities
$6,268,162
Net assets
$1,336,754
Revenue
$3,220,789
Expenses
$3,263,870
Net income
-$43,081
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$7.66$7.15$4.90$4.44$0.47
2024Detailed filing. Detailed filing data is available for this year.$14.8$8.16$6.68$5.06$4.10$0.96
2023Detailed filing. Detailed filing data is available for this year.$11.6$5.89$5.72$4.06$3.66$0.40
2022Detailed filing. Detailed filing data is available for this year.$10.9$5.57$5.32$4.37$3.15$1.22
2021Detailed filing. Detailed filing data is available for this year.$9.79$5.69$4.10$4.15$3.53$0.63
2020Detailed filing. Detailed filing data is available for this year.$8.83$5.37$3.45$3.63$2.79$0.84
2019Detailed filing. Detailed filing data is available for this year.$8.26$5.64$2.61$3.60$2.89$0.71
2018Detailed filing. Detailed filing data is available for this year.$7.71$5.80$1.90$3.37$2.80$0.57
2017Detailed filing. Detailed filing data is available for this year.$7.60$6.27$1.34$3.22$3.26$0.04
2016Detailed filing. Detailed filing data is available for this year.$6.96$5.58$1.38$2.97$2.55$0.42
2015Detailed filing. Detailed filing data is available for this year.$6.49$5.53$0.96$2.95$2.55$0.40
2014Detailed filing. Detailed filing data is available for this year.$6.09$4.85$1.23$2.70$2.58$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.02$4.90$1.12$2.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.20$5.24$0.95$2.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.43$5.42$1.01$2.56