Civic Intelligence

Fulton Science Academy Private School Inc.

990 • Fiscal year 2018 • EIN 61-1684239

Jun 01, 2017 to May 31, 2018 • Filed on Feb 13, 2019

3035 Fanfare WayAlpharetta, GA 30009

(678) 366-2555

Siviq Scores

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

Liabilities / Assets

88th percentile

0.87x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

1.95x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

48th percentile

2.7%

Higher net margin than 48% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

50th percentile

2.0%

Faster asset growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

16th percentile

-14%

Faster revenue growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$14,516,793

Up $280,325 (+2.0%) from 2017

Net Assets

Up

$1,865,771

Up $176,154 (+10%) from 2017

Liabilities

Up

$12,651,022

Up $104,171 (+0.8%) from 2017

Revenue

Down

$6,501,088

Down $1,021,933 (-14%) from 2017

Expenses

Up

$6,324,934

Up $1,200,277 (+23%) from 2017

Net Income

Down

$176,154

Down $2,222,210 (-93%) from 2017

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0-$10MAssets 2013: $302,741Liabilities 2013: $538,562Net Assets 2013: -$235,8212013Assets 2014: $345,603Liabilities 2014: $914,405Net Assets 2014: -$568,8022014Assets 2015: $574,121Liabilities 2015: $1,236,850Net Assets 2015: -$662,7292015Assets 2016: $1,611,429Liabilities 2016: $2,320,176Net Assets 2016: -$708,7472016Assets 2017: $14,236,468Liabilities 2017: $12,546,851Net Assets 2017: $1,689,6172017Assets 2018: $14,516,793Liabilities 2018: $12,651,022Net Assets 2018: $1,865,7712018Assets 2019: $13,895,054Liabilities 2019: $11,388,297Net Assets 2019: $2,506,7572019Assets 2020: $20,872,888Liabilities 2020: $17,338,825Net Assets 2020: $3,534,0632020Assets 2021: $26,210,791Liabilities 2021: $20,231,106Net Assets 2021: $5,979,6852021Assets 2022: $28,584,420Liabilities 2022: $21,020,905Net Assets 2022: $7,563,5152022Assets 2023: $31,644,674Liabilities 2023: $22,837,042Net Assets 2023: $8,807,6322023Assets 2024: $37,381,174Liabilities 2024: $26,785,155Net Assets 2024: $10,596,0192024

Highlighted filing

2018

Assets$14,516,793
Liabilities$12,651,022
Net Assets$1,865,771

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2013: $1,291,759Expenses 2013: $1,527,580Net Income 2013: -$235,8212013Revenue 2014: $1,768,951Expenses 2014: $2,123,806Net Income 2014: -$354,8552014Revenue 2015: $2,609,308Expenses 2015: $2,703,235Net Income 2015: -$93,9272015Revenue 2016: $4,118,543Expenses 2016: $4,164,561Net Income 2016: -$46,0182016Revenue 2017: $7,523,021Expenses 2017: $5,124,657Net Income 2017: $2,398,3642017Revenue 2018: $6,501,088Expenses 2018: $6,324,934Net Income 2018: $176,1542018Revenue 2019: $7,945,272Expenses 2019: $7,304,286Net Income 2019: $640,9862019Revenue 2020: $9,172,108Expenses 2020: $8,144,802Net Income 2020: $1,027,3062020Revenue 2021: $11,404,640Expenses 2021: $8,959,018Net Income 2021: $2,445,6222021Revenue 2022: $11,941,954Expenses 2022: $10,358,124Net Income 2022: $1,583,8302022Revenue 2023: $14,606,111Expenses 2023: $13,361,994Net Income 2023: $1,244,1172023Revenue 2024: $18,040,032Expenses 2024: $16,251,645Net Income 2024: $1,788,3872024

Highlighted filing

2018

Revenue$6,501,088
Expenses$6,324,934
Net Income$176,154
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Feb 13, 2019
Return Version
2017v2.3
Gross Receipts
$6,501,088
Mission and Program Overview

Mission

Fulton science academy private school is located in alpharetta, the technology city of georgia, and serves students in pre-k through 8th grade. Fsaps is unique due to its high population of advanced and gifted students. Fsaps provides its students the opportunity to grow, learn, and play in an environment conducive to fostering academic growth. Our school has developed a high quality advanced academic program emphasizing s.t.e.a.m. (science, technology, engineering, art, and mathematics) curriculum. We implement our academic programs with unique and innovative methods designed to develop advanced logic, high-level reasoning, greater material retention, and creativity. Fulton science academy's environment is structured to minimize distractions and stress, while optimizing work ethic, self-initiative, good character qualities, and well-developed social skills.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,742,122$12,729,068▼ $13,054
Cash and Non-Interest-Bearing Accounts$277,468$870,118▲ $592,650
Accounts Receivable$810,908$581,030▼ $229,878
Savings and Temporary Cash Investments$332,358$336,577▲ $4,219
Total Assets$14,236,468$14,516,793▲ $280,325
Other Assets Total$73,612--
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,008,791$9,557,752▼ $451,039
Deferred Revenue$2,484,136$2,969,739▲ $485,603
Accounts Payable and Accrued Expenses$53,924$123,531▲ $69,607
Total Liabilities$12,546,851$12,651,022▲ $104,171
Net Assets / Fund Balance
Unrestricted Net Assets$1,689,617$1,865,771▲ $176,154
Total Net Assets Fund Balance$1,689,617$1,865,771▲ $176,154
Total Liabilities and Net Assets / Fund Balance$14,236,468$14,516,793▲ $280,325

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,764,195$369,417$8,133,612
Land$4,440,000-$4,440,000
Other Land Buildings$204,518$134,119$338,637
Leasehold Improvements$220,574$63,768$284,342
Equipment$99,781$149,538$249,319
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ayhan KorucuPresident
Altan KalayciVice President
Dr Metin OguzmertBoard Member
Dr Vedat AkgunBoard Member
Angela LassetterSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$72,852
Program Service Revenue
$6,428,236
Investment Income
$0
Other Revenue
$0
All Other Contributions
$72,852
Change in Net Assets
$176,154

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,501,088
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,501,088
Total Revenue per Form 990
$6,501,088
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,333,663
Other Expenses$2,991,271
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,314,211$257,135-$2,571,346
Interest$600,989$66,776-$667,765
All Other Expenses$616,950$40,943-$657,893
Other Employee Benefits$494,082$54,898-$548,980
Depreciation Depletion$268,737$26,578-$295,315
Payroll Taxes$192,003$21,334-$213,337
Other Expenses$151,892$20,712-$172,604
Information Technology$133,467$25,422-$158,889
Office Expenses-$101,225-$101,225
Fees for Services Other-$83,683-$83,683
Conferences and Meetings$78,405--$78,405
Advertising$49,693$5,522-$55,215
Insurance$35,053$4,332-$39,385
Travel$21,307$2,365-$23,672
Total Functional Expenses$5,568,908$756,026$0$6,324,934

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,324,934
Total Expenses per Audited Statements$6,324,934
Total Expenses per Form 990$6,324,934
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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 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

Form 990 is reviewed by the board for approval then signed by the president and filed in accordance with irs form 990 filing requirements.

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

The conflict of interest policy is regularly and consistently monitored and enforced by the board of directors as part of regular board meetings. If conflict of interest is disclosed, it is submitted to the board of directors for review and decision of proper resolution.

Form 990, Part VI, Section B, Line 15

The executive committee handles compensation issues for the principal and other key employees, if any. This group is made up of the board officers. They consult outside sources such as fulton county school system and other similar non-profit or private schools.

Form 990, Part VI, Section C, Line 18

The organization's 990 tax return may be obtained by the public upon request to 3035 fanfare way, alpharetta, ga 30009.

Form 990, Part VI, Section C, Line 19

Various information about the organization is maintained on its own website (www.fultonscienceacademy.org). The organization's 990 tax return, governing documents, policies and financial statements may be obtained by the public upon request to 3035 fanfare way, alpharetta, ga 30009.

Filing and Contact Details

Filer

Filer Name
Fulton Science Academy Private School
EIN
61-1684239
Phone
6783662555
Address
3035 FANFARE WAY, ALPHARETTA, GA 30009

Signing Officer

Name
Ayhan Korucu
Title
President
Phone
6783662555
Signed
2019-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ayhan Korucu
Formed
2012
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
5
Employees
65
Volunteers
125

Preparer

Firm
Marshall Jones & Co
Address
26 LENOX POINTE NE, ATLANTA, GA 30324-3169
Preparer
Nathan Lummus
Phone
4042312001
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Other expenses: program service expenses 146,285. Management and general expenses 0. Fundraising expenses 0. Total expenses 146,285. Classroom supplies: program service expenses 120,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 120,000. Bad debt: program service expenses 116,836. Management and general expenses 0. Fundraising expenses 0. Total expenses 116,836. Textbooks: program service expenses 88,565. Management and general expenses 0. Fundraising expenses 0. Total expenses 88,565. Faculty professional development: program service expenses 71,978. Management and general expenses 7,998. Fundraising expenses 0. Total expenses 79,976. Dues and subscriptions: program service expenses 37,679. Management and general expenses 4,187. Fundraising expenses 0. Total expenses 41,866. Miscellaneous expense: program service expenses 0. Management and general expenses 27,178. Fundraising expenses 0. Total expenses 27,178. Subcontracted: program service expenses 17,657. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,657. Equipment rental: program service expenses 15,976. Management and general expenses 1,580. Fundraising expenses 0. Total expenses 17,556. Postage: program service expenses 1,974. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,974.

FORM 990, PART XII, LINE 2C:

The process has not chnaged from prior year.

Financial Statement Notes

PART X, LINE 2:

Management has analyzed tax positions taken for filings with the internal revenue service and all state jurisdictions where the school operates. Management believes that income tax filing positions would be sustained upon examination and does not anticipate that any adjustments would result in a material adverse effect on the school's financial condition, results of operations or cash flows. Accordingly, the school has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at may 31, 2018.

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IRS990/MissionDesc0FULTON SCIENCE ACADEMY PRIVATE SCHOOL IS LOCATED IN ALPHARETTA, THE TECHNOLOGY CITY OF GEORGIA, AND SERVES STUDENTS IN PRE-K THROUGH 8TH GRADE. FSAPS IS UNIQUE DUE TO ITS HIGH POPULATION OF ADVANCED AND GIFTED STUDENTS. FSAPS PROVIDES ITS STUDENTS THE OPPORTUNITY TO GROW, LEARN, AND PLAY IN AN ENVIRONMENT CONDUCIVE TO FOSTERING ACADEMIC GROWTH. OUR SCHOOL HAS DEVELOPED A HIGH QUALITY ADVANCED ACADEMIC PROGRAM EMPHASIZING S.T.E.A.M. (SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATHEMATICS) CURRICULUM. WE IMPLEMENT OUR ACADEMIC PROGRAMS WITH UNIQUE AND INNOVATIVE METHODS DESIGNED TO DEVELOP ADVANCED LOGIC, HIGH-LEVEL REASONING, GREATER MATERIAL RETENTION, AND CREATIVITY. FULTON SCIENCE ACADEMY'S ENVIRONMENT IS STRUCTURED TO MINIMIZE DISTRACTIONS AND STRESS, WHILE OPTIMIZING WORK ETHIC, SELF-INITIATIVE, GOOD CHARACTER QUALITIES, AND WELL-DEVELOPED SOCIAL SKILLS.
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IRS990/OtherExpensesGrp/Desc1STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENACE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt024527
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt120574
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt220712
IRS990/OtherExpensesGrp/ProgramServicesAmt0220744
IRS990/OtherExpensesGrp/ProgramServicesAmt1224911
IRS990/OtherExpensesGrp/ProgramServicesAmt2166464
IRS990/OtherExpensesGrp/ProgramServicesAmt3151892
IRS990/OtherExpensesGrp/TotalAmt0245271
IRS990/OtherExpensesGrp/TotalAmt1224911
IRS990/OtherExpensesGrp/TotalAmt2187038
IRS990/OtherExpensesGrp/TotalAmt3172604
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0257135
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02314211
IRS990/OtherSalariesAndWagesGrp/TotalAmt02571346
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021334
IRS990/PayrollTaxesGrp/ProgramServicesAmt0192003
IRS990/PayrollTaxesGrp/TotalAmt0213337
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0AYHAN KORUCU
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEE
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT ACTIVITY FEE
IRS990/ProgramServiceRevenueGrp/Desc2FACILITY USE FEE
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06102035
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1197844
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2105000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt323357
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06102035
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1197844
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2105000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt323357
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02126712
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02177017
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt05396309
IRS990/PYRevenuesLessExpensesAmt02398364
IRS990/PYSalariesCompEmpBnftPaidAmt02947640
IRS990/PYTotalExpensesAmt05124657
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07523021
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0176154
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06428236
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0332358
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0336577
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt07764195
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0369417
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08133612
IRS990ScheduleD/EquipmentGrp/BookValueAmt099781
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0149538
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0249319
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06324934
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt04440000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04440000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0220574
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt063768
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0284342
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0204518
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0134119
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0338637
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06501088
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE THE SCHOOL OPERATES. MANAGEMENT BELIEVES THAT INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE THAT ANY ADJUSTMENTS WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE SCHOOL'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE SCHOOL HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT MAY 31, 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012729068
IRS990ScheduleD/TotalExpensesPerForm990Amt06324934
IRS990ScheduleD/TotalRevenuePerForm990Amt06501088
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06501088
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06324934
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE BOARD FOR APPROVAL THEN SIGNED BY THE PRESIDENT AND FILED IN ACCORDANCE WITH IRS FORM 990 FILING REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS REGULARLY AND CONSISTENTLY MONITORED AND ENFORCED BY THE BOARD OF DIRECTORS AS PART OF REGULAR BOARD MEETINGS. IF CONFLICT OF INTEREST IS DISCLOSED, IT IS SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND DECISION OF PROPER RESOLUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE HANDLES COMPENSATION ISSUES FOR THE PRINCIPAL AND OTHER KEY EMPLOYEES, IF ANY. THIS GROUP IS MADE UP OF THE BOARD OFFICERS. THEY CONSULT OUTSIDE SOURCES SUCH AS FULTON COUNTY SCHOOL SYSTEM AND OTHER SIMILAR NON-PROFIT OR PRIVATE SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S 990 TAX RETURN MAY BE OBTAINED BY THE PUBLIC UPON REQUEST TO 3035 FANFARE WAY, ALPHARETTA, GA 30009.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4VARIOUS INFORMATION ABOUT THE ORGANIZATION IS MAINTAINED ON ITS OWN WEBSITE (WWW.FULTONSCIENCEACADEMY.ORG). THE ORGANIZATION'S 990 TAX RETURN, GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS MAY BE OBTAINED BY THE PUBLIC UPON REQUEST TO 3035 FANFARE WAY, ALPHARETTA, GA 30009.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER EXPENSES: PROGRAM SERVICE EXPENSES 146,285. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 146,285. CLASSROOM SUPPLIES: PROGRAM SERVICE EXPENSES 120,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 120,000. BAD DEBT: PROGRAM SERVICE EXPENSES 116,836. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 116,836. TEXTBOOKS: PROGRAM SERVICE EXPENSES 88,565. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 88,565. FACULTY PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 71,978. MANAGEMENT AND GENERAL EXPENSES 7,998. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 79,976. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 37,679. MANAGEMENT AND GENERAL EXPENSES 4,187. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,866. MISCELLANEOUS EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 27,178. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,178. SUBCONTRACTED: PROGRAM SERVICE EXPENSES 17,657. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,657. EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 15,976. MANAGEMENT AND GENERAL EXPENSES 1,580. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,556. POSTAGE: PROGRAM SERVICE EXPENSES 1,974. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,974.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS HAS NOT CHNAGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt014236468
IRS990/TotalAssetsEOYAmt014516793
IRS990/TotalAssetsGrp/BOYAmt014236468
IRS990/TotalAssetsGrp/EOYAmt014516793
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt072852
IRS990/TotalEmployeeCnt065
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0756026
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05568908
IRS990/TotalFunctionalExpensesGrp/TotalAmt06324934
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012546851
IRS990/TotalLiabilitiesEOYAmt012651022
IRS990/TotalLiabilitiesGrp/BOYAmt012546851
IRS990/TotalLiabilitiesGrp/EOYAmt012651022
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01689617
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01865771
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt05568908
IRS990/TotalProgramServiceRevenueAmt06428236
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06428236
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06501088
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0125
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt014236468
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014516793
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02365
IRS990/TravelGrp/ProgramServicesAmt021307
IRS990/TravelGrp/TotalAmt023672
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01689617
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01865771
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03035 FANFARE WAY
IRS990/USAddress/CityNm0ALPHARETTA
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030009
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.FULTONSCIENCEACADEMY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AYHAN KORUCU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06783662555
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-02-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FULTON SCIENCE ACADEMY PRIVATE SCHOOL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0FULT
ReturnHeader/Filer/EIN0611684239
ReturnHeader/Filer/PhoneNum06783662555
ReturnHeader/Filer/USAddress/AddressLine1Txt03035 FANFARE WAY
ReturnHeader/Filer/USAddress/CityNm0ALPHARETTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030009
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B548CBEDC29CA09A1F30C243486D2DBD3ED894A7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId033F73C2FAE8255213E637C6655E960096283F020
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0139.60.228.153
ReturnHeader/FilingSecurityInformation/IPDt02019-02-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm009:08:41
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581589807
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARSHALL JONES & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt026 LENOX POINTE NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA

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