Civic Intelligence

Us Dream Academy Inc.

990 • Fiscal year 2020 • EIN 59-3514841

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization ProfileWWW.USDREAMACADEMY.ORG

View Organization Page

8807 Colesville Road 5th FloorSilver Spring, MD 20910

(410) 772-7143

Siviq Scores

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

Liabilities / Assets

85th percentile

0.62x

Higher debt load relative to assets than 85% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

0.72x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

5th percentile

-83%

Higher net margin than 5% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

90th percentile

$199,288

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 13.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

7th percentile

-14%

Faster asset growth than 7% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-63%

Faster revenue growth than 5% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$1,741,123

Down $285,186 (-14%) from 2019

Net Assets

Down

$656,376

Down $1,187,381 (-64%) from 2019

Liabilities

Up

$1,084,747

Up $902,195 (+494%) from 2019

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin5th percentile

Revenue

Down

$1,506,533

Down $2,542,622 (-63%) from 2019

Expenses

Down

$2,754,207

Down $503,319 (-15%) from 2019

Net Income

Down

-$1,247,674

Down $2,039,303 (-258%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2017: $738,011Liabilities 2017: $167,135Net Assets 2017: $570,8762017Assets 2018: $1,252,999Liabilities 2018: $200,871Net Assets 2018: $1,052,1282018Assets 2019: $2,026,309Liabilities 2019: $182,552Net Assets 2019: $1,843,7572019Assets 2020: $1,741,123Liabilities 2020: $1,084,747Net Assets 2020: $656,3762020Assets 2021: $1,470,975Liabilities 2021: $891,941Net Assets 2021: $579,0342021Assets 2022: $1,720,026Liabilities 2022: $376,403Net Assets 2022: $1,343,6232022Assets 2023: $3,039,997Liabilities 2023: $285,421Net Assets 2023: $2,754,5762023Assets 2024: $3,928,132Liabilities 2024: $97,670Net Assets 2024: $3,830,4622024

Highlighted filing

2020

Assets$1,741,123
Liabilities$1,084,747
Net Assets$656,376
Open 2020 Filing

Operations Trend

Revenue Growth5th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2017: $2,390,155Expenses 2017: $2,750,670Net Income 2017: -$360,5152017Revenue 2018: $3,650,226Expenses 2018: $3,168,974Net Income 2018: $481,2522018Revenue 2019: $4,049,155Expenses 2019: $3,257,526Net Income 2019: $791,6292019Revenue 2020: $1,506,533Expenses 2020: $2,754,207Net Income 2020: -$1,247,6742020Revenue 2021: $3,095,850Expenses 2021: $3,200,759Net Income 2021: -$104,9092021Revenue 2022: $4,347,297Expenses 2022: $3,526,020Net Income 2022: $821,2772022Revenue 2023: $5,424,975Expenses 2023: $4,041,022Net Income 2023: $1,383,9532023Revenue 2024: $5,149,795Expenses 2024: $4,073,909Net Income 2024: $1,075,8862024

Highlighted filing

2020

Revenue$1,506,533
Expenses$2,754,207
Net Income-$1,247,674
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$1,816,666
Mission and Program Overview

Mission

Youth education training programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$189,495$1,047,206▲ $857,711
Cash and Non-Interest-Bearing Accounts$1,355,507$363,404▼ $992,103
Pledges and Grants Receivable$418,486$317,225▼ $101,261
Prepaid Expenses and Deferred Charges$43,479$13,288▼ $30,191
Inventories for Sale or Use$11,785$0▼ $11,785
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$2,026,309$1,741,123▼ $285,186
Other Assets Total$7,557$0▼ $7,557
Liabilities
Other Liabilities$55,107$1,030,182▲ $975,075
Accounts Payable and Accrued Expenses$127,445$54,565▼ $72,880
Total Liabilities$182,552$1,084,747▲ $902,195
Net Assets / Fund Balance
Net Assets With Donor Restrictions$382,978$401,438▲ $18,460
Net Assets Without Donor Restrictions$1,460,779$254,938▼ $1,205,841
Total Net Assets Fund Balance$1,843,757$656,376▼ $1,187,381
Total Liabilities and Net Assets / Fund Balance$2,026,309$1,741,123▼ $285,186

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$357,787$357,787
Other Securities$1,047,206--
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
C Diane Wallace Booker EsqChief Stategy Officer & Vice PresidentFT$179,336$19,952$199,288
C Diane Wallace Booker EsqChief Stategy Officer & Vice Preside-$179,336$19,952$199,288
Wintley PhippsPresidentFT$185,083-$185,083

Board Members and Trustees

NameTitle
Sandra RandolphChairman
Angel DuffBoard Member
Carlyle WaltonBoard Member
Chad WilliamsBoard Member
Chaplain Barry C BlackBoard Member
Felismina AndradeBoard Member
George JohnsonBoard Member
Jim AyresBoard Member
Marissa C LeslieBoard Member
Sheila HodgkinBoard Member
Simon T BaileyBoard Member
Jody VictorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,502,659
Program Service Revenue
$0
Investment Income
$-2,389
Other Revenue
$6,263
All Other Contributions
$685,607
Change in Net Assets
$-1,247,674

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table2$48,712Cost
Total Noncash Contributions2$48,712-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,506,533
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$247,852
Total Revenue per Audited Statements
$1,754,385
Total Revenue per Form 990
$1,506,533
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,927,441
Other Expenses$826,766
Total Fundraising Expense$237,346
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$975,866$199,111$99,162$1,274,139
Current Officers, Directors, Trustees, and Key Employees$279,109$56,948$28,362$364,419
Office Expenses$24,949$133,288$33,354$191,591
Fees for Services Other$128,097$41,668$9,960$179,725
Other Employee Benefits$13,930$151,038$2,870$167,838
Payroll Taxes$91,963$20,554$8,528$121,045
Information Technology$58,679$10,358$4,419$73,456
Occupancy$31,172$23,322$1,154$55,648
Insurance-$31,918-$31,918
Fees for Services Accounting$6,020$11,180-$17,200
Other Expenses$13,742$27,742$49,537$13,742
Fees for Services Legal-$4,507-$4,507
Total Functional Expenses$1,805,227$711,634$237,346$2,754,207

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,941,765
Expenses per Audited Statements$2,754,207
Total Expenses per Form 990$2,754,207
Expenses Not Reported on Form 990$187,558
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$49,537
Fundraising Gross Income$49,537
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$512,691$49,537$49,537$0
Concert$10,094---
Total Events$522,785$49,537$49,537$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
Lma Loan$561,555
Sba Loan$399,652
Payroll Related Liabilities$68,975
Governance and Compliance

Governance Checklist

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

“The draft of the 990 is sent to the finance committee for review. If there are any changes, they are incorporated into the 990 and sent back to the board to review again. If approved, the 990 will be signed and finalized.”

Form 990, Part VI, Section B, Line 12C

“Annually the board members are asked to complete a conflict of interest document. Any board member who has a conflict of interest is monitored and restricted from voting on any issue that is interpreted to be a conflict.”

Form 990, Part VI, Section B, Line 15

“Compensation is derived by comparable salaries in organizations with similar income amounts and balance sheets.”

Form 990, Part VI, Section C, Line 18

“File copies of the tax return are made available upon written request to the organization as well as through guidestar, a third party website.”

Form 990, Part VI, Section C, Line 19

“Governing documents are made available upon written request to the organization.”

Filing and Contact Details

Filer

Filer Name
US Dream Academy Inc
EIN
59-3514841
Phone
4107727143
Address
8807 COLESVILLE ROAD 5TH FLOOR, SILVER SPRING, MD 20910

Signing Officer

Name
Wintley Phipps
Title
President
Phone
4107727143
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wintley Phipps
Formed
2000
Legal Domicile
Md
Voting Board Members
12
Independent Board Members
12
Employees
36
Volunteers
456

Preparer

Firm
Carr Riggs & Ingram LLC
Address
TWO RIVERWAY 15TH FLOOR, HOUSTON, TX 77056
Preparer
Kristen Simpson
Phone
7136218090
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The academy is a non-profit organization that is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code. In addition, the academy was granted an individual ruling under the same section and has been classified as an organization that is not a private foundation under section 509(a) of the internal revenue code and, as such, qualifies for the charitable contribution deduction for individual donors. The academy accounts for uncertain tax positions, when it is more likely than not, that such an asset or a liability will be realized. As of december 31, 2020 and 2019, management believes there were no uncertain tax positions.”

Raw XML AppendixShowing 400 of 599 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.

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IRS990/InsuranceGrp/ManagementAndGeneralAmt031918
IRS990/InsuranceGrp/TotalAmt031918
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0YOUTH EDUCATION TRAINING PROGRAMS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01843757
IRS990/NetAssetsOrFundBalancesEOYAmt0656376
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoncashContributionsAmt048712
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01154
IRS990/OccupancyGrp/ManagementAndGeneralAmt023322
IRS990/OccupancyGrp/ProgramServicesAmt031172
IRS990/OccupancyGrp/TotalAmt055648
IRS990/OfficeExpensesGrp/FundraisingAmt033354
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0133288
IRS990/OfficeExpensesGrp/ProgramServicesAmt024949
IRS990/OfficeExpensesGrp/TotalAmt0191591
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07557
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02870
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0151038
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt013930
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0167838
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1FUNDRAISING DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSES
IRS990/OtherExpensesGrp/Desc3CURRICULUM DEVELOPMENT
IRS990/OtherExpensesGrp/FundraisingAmt049537
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt027742
IRS990/OtherExpensesGrp/ProgramServicesAmt0181700
IRS990/OtherExpensesGrp/ProgramServicesAmt113742
IRS990/OtherExpensesGrp/TotalAmt0181700
IRS990/OtherExpensesGrp/TotalAmt149537
IRS990/OtherExpensesGrp/TotalAmt227742
IRS990/OtherExpensesGrp/TotalAmt313742
IRS990/OtherLiabilitiesGrp/BOYAmt055107
IRS990/OtherLiabilitiesGrp/EOYAmt01030182
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06263
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06263
IRS990/OtherRevenueTotalAmt06263
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt099162
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0199111
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0975866
IRS990/OtherSalariesAndWagesGrp/TotalAmt01274139
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08528
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020554
IRS990/PayrollTaxesGrp/ProgramServicesAmt091963
IRS990/PayrollTaxesGrp/TotalAmt0121045
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0418486
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0317225
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt043479
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013288
IRS990/PrincipalOfficerNm0WINTLEY PHIPPS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04038979
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08926
IRS990/PYOtherExpensesAmt01384627
IRS990/PYOtherRevenueAmt01250
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0791629
IRS990/PYSalariesCompEmpBnftPaidAmt01872899
IRS990/PYTotalExpensesAmt03257526
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04049155
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-1247674
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06263
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01502659
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04038979
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03734640
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02726025
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02649258
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt014651561
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0-2389
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt08926
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02812
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01233
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0309
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010891
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt06263
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01250
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0694
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02167
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0743
IRS990ScheduleA/OtherIncome170Grp/TotalAmt011117
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86010
IRS990ScheduleA/PublicSupportPY170Pct00.80870
IRS990ScheduleA/PublicSupportTotal170Amt012621085
IRS990ScheduleA/SubstantialContributorsTotAmt02030476
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01502659
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04038979
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02726025
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02649258
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt014651561
IRS990ScheduleA/TotalSupportAmt014673569
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0187558
IRS990ScheduleD/DonatedServicesUseFcltsAmt0187558
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0357787
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0357787
IRS990ScheduleD/ExpensesNotReportedAmt0187558
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02754207
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt060294
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt068975
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1561555
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2399652
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL RELATED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LMA LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SBA LOAN
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01047206
IRS990ScheduleD/OtherSecuritiesGrp/Desc0GOVERNMENT AND AGENCY SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0247852
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01506533
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY IS A NON-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ACADEMY WAS GRANTED AN INDIVIDUAL RULING UNDER THE SAME SECTION AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE AND, AS SUCH, QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION FOR INDIVIDUAL DONORS. THE ACADEMY ACCOUNTS FOR UNCERTAIN TAX POSITIONS, WHEN IT IS MORE LIKELY THAN NOT, THAT SUCH AN ASSET OR A LIABILITY WILL BE REALIZED. AS OF DECEMBER 31, 2020 AND 2019, MANAGEMENT BELIEVES THERE WERE NO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt01047206
IRS990ScheduleD/TotalExpensesPerForm990Amt02754207
IRS990ScheduleD/TotalLiabilityAmt01030182
IRS990ScheduleD/TotalRevenuePerForm990Amt01506533

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$1,741,123
Liabilities
$1,084,747
Net assets
$656,376
Revenue
$1,506,533
Expenses
$2,754,207
Net income
-$1,247,674
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.93$0.10$3.83$5.15$4.07$1.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.04$0.29$2.75$5.42$4.04$1.38
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.38$1.34$4.35$3.53$0.82
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.89$0.58$3.10$3.20$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.74$1.08$0.66$1.51$2.75$1.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.03$0.18$1.84$4.05$3.26$0.79
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.20$1.05$3.65$3.17$0.48
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.17$0.57$2.39$2.75$0.36