Civic Intelligence

Virtual Learning Academy Charter School

990 • Fiscal year 2024 • EIN 56-2668724

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 04, 2024

Organization ProfileWWW.VLACS.ORG
19 Hampton Road Bldg B Ste 11Exeter, NH 03833

(603) 778-2500

Siviq Scores

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

Liabilities / Assets

98th percentile

1.46x

Higher debt load relative to assets than 98% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.67x

Higher debt load relative to revenue than 74% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

23rd percentile

-5.6%

Higher net margin than 23% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

43rd percentile

$166,393

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

6th percentile

-15%

Faster asset growth than 6% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

44th percentile

5.1%

Faster revenue growth than 44% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$6,013,953

Down $1,070,669 (-15%) from 2023

Net Assets

Down

-$2,737,494

Down $672,888 (-33%) from 2023

Liabilities

Down

$8,751,447

Down $397,781 (-4.3%) from 2023

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin23rd percentile

Revenue

Up

$13,125,906

Up $641,309 (+5.1%) from 2023

Expenses

Up

$13,859,941

Up $132,446 (+1.0%) from 2023

Net Income

Up

-$734,035

Up $508,863 (+41%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$10M$5.0M$0-$5.0MAssets 2011: $729,880Liabilities 2011: $187,416Net Assets 2011: $542,4642011Assets 2012: $702,489Liabilities 2012: $298,024Net Assets 2012: $404,4652012Assets 2013: $550,107Liabilities 2013: $22,296Net Assets 2013: $527,8112013Assets 2014: $1,544,657Liabilities 2014: $854,495Net Assets 2014: $690,1612014Assets 2015: $1,145,910Liabilities 2015: $752,330Net Assets 2015: $393,5802015Assets 2016: $839,759Liabilities 2016: $530,483Net Assets 2016: $309,2762016Assets 2017: $1,102,005Liabilities 2017: $715,943Net Assets 2017: $386,0622017Assets 2018: $2,202,410Liabilities 2018: $884,945Net Assets 2018: $1,317,4642018Assets 2019: $2,922,189Liabilities 2019: $1,045,562Net Assets 2019: $1,876,6272019Assets 2020: $3,604,420Liabilities 2020: $1,197,598Net Assets 2020: $2,406,8222020Assets 2021: $5,140,860Liabilities 2021: $747,830Net Assets 2021: $4,393,0302021Assets 2022: $4,364,365Liabilities 2022: $623,947Net Assets 2022: $3,740,4182022Assets 2023: $7,084,622Liabilities 2023: $9,149,228Net Assets 2023: -$2,064,6062023Assets 2024: $6,013,953Liabilities 2024: $8,751,447Net Assets 2024: -$2,737,4942024

Highlighted filing

2024

Assets$6,013,953
Liabilities$8,751,447
Net Assets-$2,737,494
Open 2024 Filing

Operations Trend

Revenue Growth44th percentile

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

$20M$10M$0-$10MRevenue 2011: $3,048,557Expenses 2011: $2,786,729Net Income 2011: $261,8282011Revenue 2012: $3,296,868Expenses 2012: $3,423,172Net Income 2012: -$126,3042012Revenue 2013: $3,878,722Expenses 2013: $4,165,106Net Income 2013: -$286,3842013Revenue 2014: $5,861,968Expenses 2014: $5,318,371Net Income 2014: $543,5972014Revenue 2015: $6,304,036Expenses 2015: $6,600,617Net Income 2015: -$296,5812015Revenue 2016: $7,073,140Expenses 2016: $7,163,044Net Income 2016: -$89,9042016Revenue 2017: $7,640,874Expenses 2017: $7,564,087Net Income 2017: $76,7872017Revenue 2018: $9,025,733Expenses 2018: $8,094,331Net Income 2018: $931,4022018Revenue 2019: $9,616,300Expenses 2019: $9,057,138Net Income 2019: $559,1622019Revenue 2020: $10,345,878Expenses 2020: $9,815,683Net Income 2020: $530,1952020Revenue 2021: $15,254,520Expenses 2021: $18,160,315Net Income 2021: -$2,905,7952021Revenue 2022: $12,032,123Expenses 2022: $13,125,345Net Income 2022: -$1,093,2222022Revenue 2023: $12,484,597Expenses 2023: $13,727,495Net Income 2023: -$1,242,8982023Revenue 2024: $13,125,906Expenses 2024: $13,859,941Net Income 2024: -$734,0352024

Highlighted filing

2024

Revenue$13,125,906
Expenses$13,859,941
Net Income-$734,035
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 4, 2024
Return Version
2023v6.0
Gross Receipts
$13,125,906
Mission and Program Overview

Mission

To operate a new hampshire public charter school.

To operate a new hampshire public charter school in accordance with chapter 194b of nh rsa and to provide other educational opportunities using new and distance learning technologies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,225,552$2,591,001▲ $365,449
Land, Buildings, and Equipment, Net$861,210$1,021,375▲ $160,165
Prepaid Expenses and Deferred Charges$180,387$206,555▲ $26,168
Pledges and Grants Receivable$866,508$197,729▼ $668,779
Savings and Temporary Cash Investments$109$823▲ $714
Total Assets$7,084,622$6,013,953▼ $1,070,669
Other Assets Total$2,950,856$1,996,470▼ $954,386
Liabilities
Other Liabilities$8,360,024$8,059,184▼ $300,840
Accounts Payable and Accrued Expenses$789,204$692,263▼ $96,941
Total Liabilities$9,149,228$8,751,447▼ $397,781
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,064,606$-2,737,494▼ $672,888
Total Net Assets Fund Balance$-2,064,606$-2,737,494▼ $672,888
Total Liabilities and Net Assets / Fund Balance$7,084,622$6,013,953▼ $1,070,669

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,996,470--
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Steve KossakoskiExecutive DiFT$166,393$166,393
Steve KossakoskiExecutive Director-$166,393$166,393

Board Members and Trustees

NameTitle
Kent ChamberlinChair
Kimberley CaseyVice Chair
Kyle CoteTrustee
Nathan LunneyTrustee
Wildolfo ArveloTrustee
Dr Mark JoyceSecretary/cl
Matthew TreamerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$12,841,499
Program Service Revenue
$170,016
Investment Income
$114,391
Other Revenue
$0
All Other Contributions
$1,527
Change in Net Assets
$-734,035

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,125,906
Total Revenue per Audited Statements
$13,125,906
Total Revenue per Form 990
$13,125,906
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,395,910
Other Expenses$2,464,031
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,015,650$555,178-$8,570,828
Pension Plan Contributions$1,476,511$28,295-$1,504,806
Information Technology$636,820$40,648-$677,468
Payroll Taxes$609,588$48,836-$658,424
Fees for Services Other$543,807$34,711-$578,518
Other Employee Benefits$459,259$36,200-$495,459
Current Officers, Directors, Trustees, and Key Employees$83,197$83,196-$166,393
Occupancy$32,452$129,805-$162,257
Advertising$142,026$9,065-$151,091
Depreciation Depletion$100,407$6,409-$106,816
Office Expenses-$99,116-$99,116
Insurance$33,269$2,124-$35,393
Fees for Services Legal-$25,850-$25,850
Fees for Services Accounting-$16,143-$16,143
Travel$4,266$272-$4,538
Other Expenses$496$1,985-$2,481
Interest-$505-$505
Total Functional Expenses$12,705,372$1,154,569$0$13,859,941

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,859,941
Total Expenses per Audited Statements$13,859,941
Total Expenses per Form 990$13,859,941
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pension Liabilities$7,938,541
Deferred Inflows$120,643
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 11B

“The form 990 is distributed before a regular meeting of the board of trustees and is reviewed at the meeting.”

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

“Compensation is determined by independent trustees based on comparable nh school data and availability of funds.”

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

“Compensation is determined by independent trustees based on comparable nh school data and availability of funds.”

Form 990, Page 6, Part VI, Line 18

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request.”

Form 990, Page 6, Part VI, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Virtual Learning Academy Charter
EIN
56-2668724
Phone
6037782500
Address
19 HAMPTON ROAD BLDG B STE 11, EXETER, NH 03833

Signing Officer

Name
Steve Kossakoski
Title
Executive Director
Phone
6037782500
Signed
2024-04-04

Organization Details

Principal Officer
Kent Chamberlin
Formed
2007
Legal Domicile
Nh
Voting Board Members
7
Independent Board Members
7
Employees
295

Preparer

Firm
Vachon Clukay & Company Pc
Address
608 CHESTNUT ST, MANCHESTER, NH 03104
Preparer
Gary G Boisvert
Phone
6036227070
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

“Operated a state charter school whereby the school: (a) used new and emerging distance learning technology to provide any time any place access to a rigorous personalized education that helped students learn today, graduate tomorrow and prepare for the future: (b) provided all students with the opportunity to personalize their education by combining rigourous academic study with the flexibility that is inherent in the any time any place philosophy: and (c) met the need of a wide variety of students and fostered 21st century skills such as global awareness, self-directed learning skills, information and communications technology, literacy, problem-solving skills, time management and personal responsibility. Students aso had educational options including learning through experience, projects, teams and adult education options.”

Form 990, Part XI, Line 9

“Prior period adjustment related to nh retirement system pension liabilities, this adjustment was made subsequent to the filing of the 6/30/23 form 990.”

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11137
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21985
IRS990/OtherExpensesGrp/ProgramServicesAmt0549806
IRS990/OtherExpensesGrp/ProgramServicesAmt117818
IRS990/OtherExpensesGrp/ProgramServicesAmt2496
IRS990/OtherExpensesGrp/TotalAmt0584900
IRS990/OtherExpensesGrp/TotalAmt118955
IRS990/OtherExpensesGrp/TotalAmt22481
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt08360024
IRS990/OtherLiabilitiesGrp/EOYAmt08059184
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0555178
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt08015650
IRS990/OtherSalariesAndWagesGrp/TotalAmt08570828
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt048836
IRS990/PayrollTaxesGrp/ProgramServicesAmt0609588
IRS990/PayrollTaxesGrp/TotalAmt0658424
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt028295
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01476511
IRS990/PensionPlanContributionsGrp/TotalAmt01504806
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0866508
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0197729
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0180387
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0206555
IRS990/PrincipalOfficerNm0KENT CHAMBERLIN
IRS990/PriorPeriodAdjustmentsAmt061147
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0170016
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0170016
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012218292
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt059102
IRS990/PYOtherExpensesAmt02212992
IRS990/PYProgramServiceRevenueAmt0207203
IRS990/PYRevenuesLessExpensesAmt0-1242898
IRS990/PYSalariesCompEmpBnftPaidAmt011514503
IRS990/PYTotalExpensesAmt013727495
IRS990/PYTotalRevenueAmt012484597
IRS990/ReconcilationRevenueExpnssAmt0-734035
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0109
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0823
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/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt013859941
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01996470
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS - PENSION LIAB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07938541
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1120643
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PENSION LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS
IRS990ScheduleD/RevenueSubtotalAmt013125906
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01996470
IRS990ScheduleD/TotalExpensesPerForm990Amt013859941
IRS990ScheduleD/TotalLiabilityAmt08059184
IRS990ScheduleD/TotalRevenuePerForm990Amt013125906
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013125906
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013859941
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/NondiscriminatoryPolicyStmtInd0false
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0false
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0VLACS IS OPEN TO ALL STUDENTS ON AN ONGOING BASIS, AND THEREFORE, WE DO NOT HAVE A SOLICITATION PERIOD. WE DO,HOWEVER, PUBLISH OUR NON-DISCRIMINATION STATEMENT ON OUR WEBSITE WHERE IT IS VISIBLE TO ALL STUDENTS WHEN READING ABOUT OUR SCHOOL OR ENROLLING IN OUR PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES AID FROM THE NH DEPARTMENT OF EDUCATION UNDER THE EQUITABLE AID PROGRAM.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0166393
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0STEVE KOSSAKOSKI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0166393
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OPERATED A STATE CHARTER SCHOOL WHEREBY THE SCHOOL: (A) USED NEW AND EMERGING DISTANCE LEARNING TECHNOLOGY TO PROVIDE ANY TIME ANY PLACE ACCESS TO A RIGOROUS PERSONALIZED EDUCATION THAT HELPED STUDENTS LEARN TODAY, GRADUATE TOMORROW AND PREPARE FOR THE FUTURE: (B) PROVIDED ALL STUDENTS WITH THE OPPORTUNITY TO PERSONALIZE THEIR EDUCATION BY COMBINING RIGOUROUS ACADEMIC STUDY WITH THE FLEXIBILITY THAT IS INHERENT IN THE ANY TIME ANY PLACE PHILOSOPHY: AND (C) MET THE NEED OF A WIDE VARIETY OF STUDENTS AND FOSTERED 21ST CENTURY SKILLS SUCH AS GLOBAL AWARENESS, SELF-DIRECTED LEARNING SKILLS, INFORMATION AND COMMUNICATIONS TECHNOLOGY, LITERACY, PROBLEM-SOLVING SKILLS, TIME MANAGEMENT AND PERSONAL RESPONSIBILITY. STUDENTS ASO HAD EDUCATIONAL OPTIONS INCLUDING LEARNING THROUGH EXPERIENCE, PROJECTS, TEAMS AND ADULT EDUCATION OPTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS DISTRIBUTED BEFORE A REGULAR MEETING OF THE BOARD OF TRUSTEES AND IS REVIEWED AT THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS DETERMINED BY INDEPENDENT TRUSTEES BASED ON COMPARABLE NH SCHOOL DATA AND AVAILABILITY OF FUNDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS DETERMINED BY INDEPENDENT TRUSTEES BASED ON COMPARABLE NH SCHOOL DATA AND AVAILABILITY OF FUNDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PRIOR PERIOD ADJUSTMENT RELATED TO NH RETIREMENT SYSTEM PENSION LIABILITIES, THIS ADJUSTMENT WAS MADE SUBSEQUENT TO THE FILING OF THE 6/30/23 FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NH
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07084622
IRS990/TotalAssetsEOYAmt06013953
IRS990/TotalAssetsGrp/BOYAmt07084622
IRS990/TotalAssetsGrp/EOYAmt06013953
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt012841499
IRS990/TotalEmployeeCnt0295
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01154569
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt012705372
IRS990/TotalFunctionalExpensesGrp/TotalAmt013859941
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09149228
IRS990/TotalLiabilitiesEOYAmt08751447
IRS990/TotalLiabilitiesGrp/BOYAmt09149228
IRS990/TotalLiabilitiesGrp/EOYAmt08751447
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2064606
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2737494
IRS990/TotalProgramServiceExpensesAmt012705372
IRS990/TotalProgramServiceRevenueAmt0170016
IRS990/TotalReportableCompFromOrgAmt0166393
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0284407
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt013125906
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07084622
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06013953
IRS990/TravelGrp/ManagementAndGeneralAmt0272
IRS990/TravelGrp/ProgramServicesAmt04266
IRS990/TravelGrp/TotalAmt04538
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt020 COLD SPRINGS ROAD
IRS990/USAddress/CityNm0DURHAM
IRS990/USAddress/StateAbbreviationCd0NH
IRS990/USAddress/ZIPCd003824
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.VLACS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE KOSSAKOSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06037782500
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIRTUAL LEARNING ACADEMY CHARTER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0VIRT

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,013,953
Liabilities
$8,751,447
Net assets
-$2,737,494
Revenue
$13,125,906
Expenses
$13,859,941
Net income
-$734,035
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.01$8.75$2.74$13.1$13.9$0.73
2023Summary only. Only limited summary data is available for this year.$7.08$9.15$2.06$12.5$13.7$1.24
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$0.62$3.74$12.0$13.1$1.09
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.14$0.75$4.39$15.3$18.2$2.91
2020Summary only. Only limited summary data is available for this year.$3.60$1.20$2.41$10.3$9.82$0.53
2019Summary only. Only limited summary data is available for this year.$2.92$1.05$1.88$9.62$9.06$0.56
2018Summary only. Only limited summary data is available for this year.$2.20$0.88$1.32$9.03$8.09$0.93
2017Summary only. Only limited summary data is available for this year.$1.10$0.72$0.39$7.64$7.56$0.08
2016Summary only. Only limited summary data is available for this year.$0.84$0.53$0.31$7.07$7.16$0.09
2015Summary only. Only limited summary data is available for this year.$1.15$0.75$0.39$6.30$6.60$0.30
2014Summary only. Only limited summary data is available for this year.$1.54$0.85$0.69$5.86$5.32$0.54
2013Summary only. Only limited summary data is available for this year.$0.55$0.02$0.53$3.88$4.17$0.29
2012Summary only. Only limited summary data is available for this year.$0.70$0.30$0.40$3.30$3.42$0.13
2011Summary only. Only limited summary data is available for this year.$0.73$0.19$0.54$3.05$2.79$0.26