Civic Intelligence

Pace Academy Inc.

990 • Fiscal year 2012 • EIN 58-0706812

Jul 01, 2011 to Jun 30, 2012 • Filed on May 06, 2013

966 West Paces Ferry Road NW30327-2648
Siviq Scores

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

Liabilities / Assets

44th percentile

0.32x

Higher debt load relative to assets than 44% of similar nonprofits.

2012 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

79th percentile

12%

Faster asset growth than 79% of similar nonprofits.

2012 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$133,502,634

Up $14,504,755 (+12%) from 2011

Net Assets

Up

$91,431,920

Up $13,637,605 (+18%) from 2011

Liabilities

Up

$42,070,714

Up $867,150 (+2.1%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$25,246,210

Up $1,173,479 (+4.9%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2010: $109,350,699Liabilities 2010: $40,892,892Net Assets 2010: $68,457,8072010Assets 2011: $118,997,879Liabilities 2011: $41,203,564Net Assets 2011: $77,794,3152011Assets 2012: $133,502,634Liabilities 2012: $42,070,714Net Assets 2012: $91,431,9202012Assets 2013: $144,411,223Liabilities 2013: $40,173,263Net Assets 2013: $104,237,9602013Assets 2014: $159,524,052Liabilities 2014: $44,179,618Net Assets 2014: $115,344,4342014Assets 2015: $160,185,185Liabilities 2015: $40,245,194Net Assets 2015: $119,939,9912015Assets 2016: $140,506,293Liabilities 2016: $19,897,308Net Assets 2016: $120,608,9852016Assets 2017: $143,494,442Liabilities 2017: $20,888,202Net Assets 2017: $122,606,2402017Assets 2018: $148,605,048Liabilities 2018: $21,300,412Net Assets 2018: $127,304,6362018Assets 2019: $155,371,117Liabilities 2019: $23,674,954Net Assets 2019: $131,696,1632019Assets 2020: $185,935,585Liabilities 2020: $41,459,020Net Assets 2020: $144,476,5652020Assets 2021: $209,472,717Liabilities 2021: $46,802,960Net Assets 2021: $162,669,7572021Assets 2022: $205,828,647Liabilities 2022: $42,871,448Net Assets 2022: $162,957,1992022Assets 2023: $203,015,729Liabilities 2023: $36,711,925Net Assets 2023: $166,303,8042023Assets 2024: $207,548,449Liabilities 2024: $32,934,407Net Assets 2024: $174,614,0422024

Highlighted filing

2012

Assets$133,502,634
Liabilities$42,070,714
Net Assets$91,431,920

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $22,065,7282010Expenses 2011: $24,072,7312011Expenses 2012: $25,246,2102012Revenue 2013: $39,443,487Expenses 2013: $27,183,034Net Income 2013: $12,260,4532013Revenue 2014: $34,413,461Expenses 2014: $27,421,341Net Income 2014: $6,992,1202014Revenue 2015: $35,087,335Expenses 2015: $30,110,910Net Income 2015: $4,976,4252015Revenue 2016: $33,634,402Expenses 2016: $31,362,846Net Income 2016: $2,271,5562016Revenue 2017: $36,116,088Expenses 2017: $32,812,278Net Income 2017: $3,303,8102017Revenue 2018: $37,440,227Expenses 2018: $33,983,240Net Income 2018: $3,456,9872018Revenue 2019: $38,183,357Expenses 2019: $36,410,877Net Income 2019: $1,772,4802019Revenue 2020: $47,968,638Expenses 2020: $35,876,079Net Income 2020: $12,092,5592020Revenue 2021: $44,702,216Expenses 2021: $37,000,390Net Income 2021: $7,701,8262021Revenue 2022: $52,734,440Expenses 2022: $41,819,272Net Income 2022: $10,915,1682022Revenue 2023: $44,552,991Expenses 2023: $45,694,119Net Income 2023: -$1,141,1282023Revenue 2024: $52,814,396Expenses 2024: $49,384,115Net Income 2024: $3,430,2812024

Highlighted filing

2012

Revenue-
Expenses$25,246,210
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
May 6, 2013
Return Version
2011v1.2
Gross Receipts
$87,064,696
Mission and Program Overview

Mission

Our mission is to create prepared, confident citizens of the world who honor the values and legacy of pace academy.

Major Activities

Activity 2
Auxiliary Services-Pace serves students, faculty, and staff lunch, which aggregates over 1200 meals per day while refreshment areas are available throughout the campus. Pace has a Campus Store, which is open on regular school days. The store offers online textbook purchasing and features a variety of Pace apparel, including NIKE and Under Armour, Pace accessories, PE and dress uniforms, school supplies, and novelty and holiday items.During the year, the School launched its most ambitious capital campaign in its history to build a new Upper School facility in time for the 2014-2015 academic year. The 75,000 square foot building, which will be called the Arthur M. Blank Family Upper School is part of Paces long-range master campus plan. The School's campaign has a goal of raising $32 million with $22 million already being raised.
Activity 3
Student Activities - Pace consistently produces championship teams and All-state, All-American and Academic All-American athletes. Eighty-five (85) percent of Middle and Upper School students participated in at least one of Paces 64 sports team. Pace's players are recruited by powerhouse colleges, and the school's graduates have gone on to play for teams ranging from NCAA Division I schools to the major league baseball teams. Pace claims more than 54 state championships.On their main campus, Pace's facilities include the state-of-the-art Inman Center gymnasium, a natatorium, an indoor jogging and walking track, a gymnastic and wrestling facility, as well as baseball and softball fields, four tennis courts, a practice field and a wellness center. The school also has athletic facilities at two satellite locations. One is an eight-acre baseball field just three miles from the main campus. The second property, six miles from campus, includes one multipurpose field for football, soccer and lacrosse; a baseball field; a 27,000-square-foot field house; and parking for 450 cars. This year, in its third year, the football team made the regional finals.Pace was one of Atlanta's first schools to make service a graduation requirement. During the 2010-2011 school year, Upper School students performed over 9,000 hours of service. The school partners with nine community service agencies. During the 2010-2011 school year, the 5th grade placed 1st in the nation National WordMasters competition. The yearlong competition consisted of more than 700 teams at each grade level. Pace debaters advanced to the national tournament last year.
Filing and Contact Details

Filer

EIN
58-0706812
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IRS990/Activity2/Description0Auxiliary Services-Pace serves students, faculty, and staff lunch, which aggregates over 1200 meals per day while refreshment areas are available throughout the campus. Pace has a Campus Store, which is open on regular school days. The store offers online textbook purchasing and features a variety of Pace apparel, including NIKE and Under Armour, Pace accessories, PE and dress uniforms, school supplies, and novelty and holiday items.During the year, the School launched its most ambitious capital campaign in its history to build a new Upper School facility in time for the 2014-2015 academic year. The 75,000 square foot building, which will be called the Arthur M. Blank Family Upper School is part of Paces long-range master campus plan. The School's campaign has a goal of raising $32 million with $22 million already being raised.
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IRS990/Activity3/Description0Student Activities - Pace consistently produces championship teams and All-state, All-American and Academic All-American athletes. Eighty-five (85) percent of Middle and Upper School students participated in at least one of Paces 64 sports team. Pace's players are recruited by powerhouse colleges, and the school's graduates have gone on to play for teams ranging from NCAA Division I schools to the major league baseball teams. Pace claims more than 54 state championships.On their main campus, Pace's facilities include the state-of-the-art Inman Center gymnasium, a natatorium, an indoor jogging and walking track, a gymnastic and wrestling facility, as well as baseball and softball fields, four tennis courts, a practice field and a wellness center. The school also has athletic facilities at two satellite locations. One is an eight-acre baseball field just three miles from the main campus. The second property, six miles from campus, includes one multipurpose field for football, soccer and lacrosse; a baseball field; a 27,000-square-foot field house; and parking for 450 cars. This year, in its third year, the football team made the regional finals.Pace was one of Atlanta's first schools to make service a graduation requirement. During the 2010-2011 school year, Upper School students performed over 9,000 hours of service. The school partners with nine community service agencies. During the 2010-2011 school year, the 5th grade placed 1st in the nation National WordMasters competition. The yearlong competition consisted of more than 700 teams at each grade level. Pace debaters advanced to the national tournament last year.
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IRS990/Description0Instruction- Pace Academy was established in 1958 as an independent college preparatory coeducational day school. In the class of 2012, Pace had an enrollment of 1,048 students in pre-first through twelfth grades. The student teacher ratio was 9:1 with a class size on average of 12 students.The teachers average 16 years of teaching experience with nine years at Pace Academy. Eighty percent of Upper School faculty holds graduate degrees, while 16 percent hold doctorates. The 86 graduates of 2012 are attending 52 different colleges and universities in the United States, Canada, and Scotland.During the 2011-2012 school year, every senior at Pace took at least one Advanced Placement course with 82 percent scoring a 3 or higher. The average SAT score for the class was 1,320-1980 and 20 percent of the 2011-2012 class earned National Merit recognition. Pace is accredited by the Southern Association of Colleges and Schools and the Southern Association of Independent Schools and holds membership in the National Association of Independent Schools, the Cum Laude Society, the College Board, the Educational Records Bureau, and the National Association of College Admission Counselors. Pace Academy is one of fewer than 40 schools in the nation invited to be a Founding School Member of the Association of College Counselors in Independent Schools (ACCIS).
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs100
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs110
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs120
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs130
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs140
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs150
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs160
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs170
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs180
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs190
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs200
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs210
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs220
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs230
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs240
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs250
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs260
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs270
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs280
IRS990/Form990PartVIISectionA/Title0Chairman of Board
IRS990/Form990PartVIISectionA/Title1Past Chairman of Board
IRS990/Form990PartVIISectionA/Title2Secretary of the Board
IRS990/Form990PartVIISectionA/Title3Trustee
IRS990/Form990PartVIISectionA/Title4Trustee
IRS990/Form990PartVIISectionA/Title5Trustee
IRS990/Form990PartVIISectionA/Title6Trustee
IRS990/Form990PartVIISectionA/Title7Trustee
IRS990/Form990PartVIISectionA/Title8Trustee
IRS990/Form990PartVIISectionA/Title9Trustee
IRS990/Form990PartVIISectionA/Title10Trustee
IRS990/Form990PartVIISectionA/Title11Trustee
IRS990/Form990PartVIISectionA/Title12Trustee
IRS990/Form990PartVIISectionA/Title13Trustee
IRS990/Form990PartVIISectionA/Title14Trustee
IRS990/Form990PartVIISectionA/Title15Trustee
IRS990/Form990PartVIISectionA/Title16Trustee
IRS990/Form990PartVIISectionA/Title17Trustee
IRS990/Form990PartVIISectionA/Title18Trustee
IRS990/Form990PartVIISectionA/Title19Trustee
IRS990/Form990PartVIISectionA/Title20Trustee
IRS990/Form990PartVIISectionA/Title21Trustee
IRS990/Form990PartVIISectionA/Title22Trustee
IRS990/Form990PartVIISectionA/Title23Trustee
IRS990/Form990PartVIISectionA/Title24Head of School
IRS990/Form990PartVIISectionA/Title25Chief Financial Officer
IRS990/Form990PartVIISectionA/Title26Director of Advancement
IRS990/Form990PartVIISectionA/Title27Ath Director
IRS990/Form990PartVIISectionA/Title28Head of Lower School
IRS990/Form990ProvidedToGoverningBody01
IRS990/Form990-TFiled01
IRS990/FormersListed00
IRS990/FSAudited01
IRS990/FundraisingActivities01
IRS990/FundraisingDirectExpenses090842
IRS990/FundraisingEvents0114300
IRS990/FundsToPayPremiums00
IRS990/GainOrLoss/Other0-151563
IRS990/GainOrLoss/Securities03478369
IRS990/Gaming00
IRS990/Grants01165513
IRS990/GrantsAndSimilarAmntsCY01165513
IRS990/GrantsAndSimilarAmntsPriorYear01070734
IRS990/GrantsToDomesticIndividuals/ProgramServices01165513
IRS990/GrantsToDomesticIndividuals/Total01165513
IRS990/GrantsToIndividuals01
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossAmountSalesAssets/Securities046757634
IRS990/GrossIncomeFundraisingEvents075301
IRS990/GrossReceipts087064696
IRS990/GrossRents/Real082893
IRS990/GrossSalesOfInventory0194999
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt01
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXI0X
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IRS990/InformationTechnology/ManagementAndGeneral042642
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IRS990/Insurance/ManagementAndGeneral0128101
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IRS990/InventoriesForSaleOrUse/BOY085248
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IRS990/InvestmentIncome/ExclusionAmount0856508
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IRS990/LandBldgEquipmentAccumDeprec022999463
IRS990/LandBuildingsEquipmentBasis074109543
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IRS990/LessCostOthBasisSalesExpenses/Other0151563
IRS990/LessCostOthBasisSalesExpenses/Securities043279265
IRS990/LessRentalExpenses/Real012698
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IRS990/LobbyingActivities00
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$208$32.9$175$52.8$49.4$3.43
2023Summary only. Only limited summary data is available for this year.$203$36.7$166$44.6$45.7$1.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$206$42.9$163$52.7$41.8$10.9
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$209$46.8$163$44.7$37.0$7.70
2020Summary only. Only limited summary data is available for this year.$186$41.5$144$48.0$35.9$12.1
2019Summary only. Only limited summary data is available for this year.$155$23.7$132$38.2$36.4$1.77
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$149$21.3$127$37.4$34.0$3.46
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$143$20.9$123$36.1$32.8$3.30
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$141$19.9$121$33.6$31.4$2.27
2015Summary only. Only limited summary data is available for this year.$160$40.2$120$35.1$30.1$4.98
2014Detailed filing. Detailed filing data is available for this year.$160$44.2$115$34.4$27.4$6.99
2013Summary only. Only limited summary data is available for this year.$144$40.2$104$39.4$27.2$12.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$134$42.1$91.4$25.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$119$41.2$77.8$24.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$109$40.9$68.5$22.1