Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
38th percentile
Faster asset growth than 38% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
Up$36,348,762
Up $759,761 (+2.1%) from 2012
Net Assets
Up$27,766,111
Up $1,756,745 (+6.8%) from 2012
Liabilities
Down$8,582,651
Down $996,984 (-10%) from 2012
Revenue
-
No earlier filing loaded for comparison.
Expenses
Up$16,628,584
Up $1,693,952 (+11%) from 2012
Net Income
-
No earlier filing loaded for comparison.
To inspire students to become leaders with a passion for knowledge, global vision and innovation while developing character in a nuturing and diverse community. Montverde academy is a coeducational independent school that serves grades pre-k 3-12. Our boarding program serves grades 7-12 and post-graduate studies.at the heart of the montverde academy experience is an engaging and challenging academic environment that gives students the desire and skills to achieve at the highest level. Outside of the classroom, students develop their talents and abilities through involvement in fine arts, athletics, school clubs, and service organizations. Our staff members, parents, and students are part of a close-knit, deeply caring community. We emphasize positive relationships to help build self-esteem and confidence in our students, and each one of them is a valued community member. With its cultural diversity, montverde academy draws students from around the world. Our international character add
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 147413 |
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| IRS990/AccountsReceivable/EOY | 0 | 187174 |
| IRS990/ActivitiesConductedPartnership | 0 | 0 |
| IRS990/ActivityOrMissionDescription | 0 | BASED ON THE ORIGINAL MISSION OF THE ACADEMY IN 1912, THE MISSION OF MONTVERDE ACADEMY IS TO INCREASE STUDENT KNOWLEDGE, DEVELOP COGNITIVE SKILLS, AND BUILD CHARACTER IN A NURTURING, DISCIPLINED, AND DIVERSE COMMUNITY. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 17235 7TH STREET |
| IRS990/AddressPrincipalOfficerUS/City | 0 | MONTVERDE |
| IRS990/AddressPrincipalOfficerUS/State | 0 | FL |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 34756 |
| IRS990/Advertising/ProgramServices | 0 | 201303 |
| IRS990/Advertising/Total | 0 | 201303 |
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| IRS990/AllOtherExpenses/Fundraising | 0 | 300978 |
| IRS990/AllOtherExpenses/ManagementAndGeneral | 0 | 51895 |
| IRS990/AllOtherExpenses/ProgramServices | 0 | 1630813 |
| IRS990/AllOtherExpenses/Total | 0 | 1983686 |
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| IRS990/DepreciationDepletion/ProgramServices | 0 | 1380140 |
| IRS990/DepreciationDepletion/Total | 0 | 1533489 |
| IRS990/DescribedIn501C3 | 0 | 1 |
| IRS990/Description | 0 | MONTVERDE ACADEMY IS A COLLEGE PREPARATORY, COEDUCATIONAL INDEPENDENT SCHOOL SERVING GRADES PK3-12. THE BOARDING PROGRAM SERVES GRADES 7-12 AND POST GRADUATE. AT THE HEART OF THE MONTVERDE ACADEMY EXPERIENCE IS AN ENGAGING AND CHALLENGING ACADEMIC ENVIRONMENT THAT GIVES STUDENTS THE DESIRE AND SKILLS TO ACHIEVE AT THE HIGHEST LEVELS. OUTSIDE OF THE CLASSROOM, STUDENTS CONTINUE TO DEVELOP THEIR TALENTS AND ABILITIES THROUGH INVOLVEMENT IN FINE ARTS, ATHLETICS, SCHOOL CLUBS, AND SERVICE ORGANIZATIONS.AVERAGE ENROLLMENT DURING THE 2012-2013 SCHOOL YEAR WAS APPROXIMATELY 972 STUDENTS. APPROXIMATELY 307 STUDENTS ARE HOUSED ON CAMPUS; THE REMAINING STUDENTS ARE DAY STUDENTS. |
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| IRS990/FeesForServicesAccounting/Total | 0 | 25690 |
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| IRS990ScheduleB/ContributorInfo/ContributorNumber | 0 | RESTRICTED |
| IRS990/ScheduleBRequired | 0 | 1 |
| IRS990ScheduleD/Buildings/BookValue | 0 | 25736806 |
| IRS990ScheduleD/Buildings/Depreciation | 0 | 6783920 |
| IRS990ScheduleD/Buildings/OtherCostOrOtherBasis | 0 | 32520726 |
| IRS990ScheduleD/DonatedSrvcAndUseOfFacilities | 0 | 52379 |
| IRS990ScheduleD/Equipment/BookValue | 0 | 1946619 |
| IRS990ScheduleD/Equipment/Depreciation | 0 | 2426702 |
| IRS990ScheduleD/Equipment/OtherCostOrOtherBasis | 0 | 4373321 |
| IRS990ScheduleD/ExpensesNotRptdF990 | 0 | 448282 |
| IRS990ScheduleD/ExpensesNotRptdOnFinStmt | 0 | 22636 |
| IRS990ScheduleD/ExpensesSubtotal | 0 | 16605948 |
| IRS990ScheduleD/FootnoteInPartXIII | 0 | X |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation | 0 | THE ACADEMY IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THUS, THE ACADEMY IS NOT SUBJECT TO CORPORATE INCOME TAXES EXCEPT FOR TAXES ON UNRELATED BUSINESS INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRESCRIBE REQUIREMENTS FOR THE RECOGNITION OF INCOME TAXES IN CONSOLIDATED FINANCIAL STATEMENTS, AND THE AMOUNTS RECOGNIZED ARE AFFECTED BY INCOME TAX POSITIONS TAKEN BY THE ACADEMY IN ITS TAX RETURNS. THE ACADEMY'S STATUS AS AN EXEMPT ORGANIZATION IS DEFINED AS AN INCOME TAX POSITION UNDER THESE REQUIREMENTS. WHILE MANAGEMENT BELIEVES IT HAS COMPLIED WITH THE INTERNAL REVENUE CODE, THE SUSTAINABILITY OF SOME INCOME TAX POSITIONS TAKEN BY THE ACADEMY IN ITS TAX RETURNS MAY BE UNCERTAIN. THERE ARE MINIMUM THRESHOLDS OF LIKELIHOOD THAT UNCERTAIN TAX POSITIONS ARE REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT DOES NOT BELIEVE THAT THE ACADEMY HAS ANY MATERIAL UNCERTAIN TAX POSITIONS AT MAY 31, 2013. IN THE EVENT INTEREST AND PENALTIES WERE DUE RELATING TO AN UNSUSTAINABLE TAX POSITIONS, THEY WOULD BE TREATED AS A COMPONENT OF INCOME TAX EXPENSE. THE ACADEMY'S FEDERAL INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. AT MAY 31, 2013, THE FISCAL YEARS 2010 THROUGH 2013 FEDERAL TAX RETURNS ARE SUBJECT TO EXAMINATION. |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation | 1 | INVESTMENT EXPENSES INCLUDED ON FORM 990, PART VIII, LINE 7B -22,636. |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation | 2 | DIRECT FUNDRAISING EXPENSES -350. COST OF GOODS SOLD -447,932. |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation | 3 | DIRECT FUNDRAISING EXPENSES 350. COST OF GOODS SOLD 447,932. |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier | 0 | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier | 1 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier | 2 | PART XI, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier | 3 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference | 0 | PART X, LINE 2: |
| IRS990ScheduleD/InvestmentExpensesNotIncluded2 | 0 | 22636 |
| IRS990ScheduleD/Land/BookValue | 0 | 592527 |
| IRS990ScheduleD/Land/OtherCostOrOtherBasis | 0 | 592527 |
| IRS990ScheduleD/NetUnrealizedGainsInvestments | 0 | 402044 |
| IRS990ScheduleD/OtherExpensesIncluded | 0 | 448282 |
| IRS990ScheduleD/OtherLandBuildings/BookValue | 0 | 400747 |
| IRS990ScheduleD/OtherLandBuildings/Depreciation | 0 | 443573 |
| IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis | 0 | 844320 |
| IRS990ScheduleD/OtherLiabilities/Amount | 0 | 2450238 |
| IRS990ScheduleD/OtherLiabilities/Description | 0 | TUITION RECEIVED IN ADVANCE |
| IRS990ScheduleD/OtherRevenues | 0 | -22636 |
| IRS990ScheduleD/OtherRevenuesNotIncluded | 0 | -448282 |
| IRS990ScheduleD/RevenueNotRptdF990 | 0 | 431787 |
| IRS990ScheduleD/RevenueNotRptdOnFinStmt | 0 | -448282 |
| IRS990ScheduleD/RevenueSubtotal | 0 | 18379188 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 16628584 |
| IRS990ScheduleD/TotalOfAmounts | 0 | 2450238 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 28676699 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 17930906 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 17054230 |
| IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt | 0 | 18810975 |
| IRS990ScheduleE/ComplianceWithRevProc7550 | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPolicies | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthleticProg | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPolicies | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmnFaculty | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActy | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceScholarships | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStudentsRights | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFclts | 0 | 0 |
| IRS990ScheduleE/Form990ScheduleEPartII/Explanation | 0 | MONTVERDE ACADEMY HAS PUBLICIZED ITS RACIALLY NONDISCRIMIN- ATORY POLICY THROUGH NEWSPAPERS, MAGAZINE ADVERTISEMENTS, BROCHURES AND APPLICATIONS FOR ADMISSIONS. |
| IRS990ScheduleE/Form990ScheduleEPartII/Identifier | 0 | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION |
| IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference | 0 | SCHEDULE E, PART I, LINE 3 |
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Displayed year
2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.