Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
Liabilities / Revenue
62nd percentile
Higher debt load relative to revenue than 62% of similar nonprofits.
Net Margin
65th percentile
Higher net margin than 65% of similar nonprofits.
Top Officer Pay
69th percentile
Higher top officer pay than 69% of similar nonprofits.
Top officer pay equals 4.2% of source-year revenue.
Asset Growth
81st percentile
Faster asset growth than 81% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Assets
Up$2,403,434
Up $380,477 (+19%) from 2017
Net Assets
Up$1,979,851
Up $357,835 (+22%) from 2017
Liabilities
Up$423,583
Up $22,642 (+5.6%) from 2017
Revenue
Up$2,394,698
Up $4,375 (+0.2%) from 2017
Expenses
Down$2,164,806
Down $64,986 (-2.9%) from 2017
Net Income
Up$229,892
Up $69,361 (+43%) from 2017
Leake academy is a private school that provides education for pre- kindergarten through grade 12. Leake academy is a member of the mississippi association of independent schools and is committed to the education of its students. The school's learning experience encourages responsible citizenship, creative expression, physical development, and academic achievement. Leake academy continues to maintain its tradition of excellence in a structured learning environment. The administration and faculty join together in their support of a school that clearly defines high expectations and a successful learning experience.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $1,210,328 | $1,403,560 | ▲ $193,232 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $1,292,217 | $1,292,217 | → $0 |
| Land, Buildings, and Equipment, Net | $766,850 | $976,257 | ▲ $209,407 |
| Rtn Earn Endowment Incm Other Fnds | $329,799 | $687,634 | ▲ $357,835 |
| Accounts Receivable | $19,994 | $17,178 | ▼ $2,816 |
| Prepaid Expenses and Deferred Charges | $25,785 | $6,439 | ▼ $19,346 |
| Total Assets | $2,022,957 | $2,403,434 | ▲ $380,477 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $197,239 | $261,881 | ▲ $64,642 |
| Other Liabilities | $183,270 | $153,098 | ▼ $30,172 |
| Accounts Payable and Accrued Expenses | $20,432 | $8,604 | ▼ $11,828 |
| Total Liabilities | $400,941 | $423,583 | ▲ $22,642 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,622,016 | $1,979,851 | ▲ $357,835 |
| Total Liabilities and Net Assets / Fund Balance | $2,022,957 | $2,403,434 | ▲ $380,477 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $852,251 | $411,698 | $1,263,949 |
| Equipment | $33,793 | $368,811 | $402,604 |
| Land | $90,213 | - | $90,213 |
| Name | Title | Base | Total |
|---|---|---|---|
| Brian Pickens | Head of Scho | $100,000 | $100,000 |
| Olivia Smith | Principal | $50,000 | $50,000 |
| Name | Title |
|---|---|
| Dale Scott | President / |
| Dan Young | Director |
| Jessica Myers | Director |
| John Sprayberry | Director |
| Melissa Warren | Director |
| Philip Prince | Director |
| Ryan Mckay | Director |
| Mike Mayfield | Secretary / |
| Ty Johnston | Vice Preside |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,579,577 |
| Other Expenses | $585,229 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,269,466 | - | - | $1,269,466 |
| Current Officers, Directors, Trustees, and Key Employees | $150,000 | - | - | $150,000 |
| All Other Expenses | $141,908 | - | - | $141,908 |
| Payroll Taxes | $111,318 | - | - | $111,318 |
| Depreciation Depletion | $76,071 | - | - | $76,071 |
| Other Employee Benefits | $48,793 | - | - | $48,793 |
| Other Expenses | $44,050 | - | - | $44,050 |
| Insurance | $23,776 | - | - | $23,776 |
| Office Expenses | $13,476 | - | - | $13,476 |
| Interest | $6,981 | - | - | $6,981 |
| Travel | $5,599 | - | - | $5,599 |
| Fees for Services Legal | $5,500 | - | - | $5,500 |
| Total Functional Expenses | $2,164,806 | $0 | $0 | $2,164,806 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Auxilary Funds | $72,604 |
| Prepaid Tuition | $51,611 |
| Prepaid Fees | $14,450 |
| Payroll Liabilities | $14,333 |
| Misc | $100 |
“Article v. Section 9 of the bylaws was amended to read: nominations of directors: it shall be the duty of the board of directors to appoint, not less than thirty (30) days nor more than sixty (60) days before the date of the annual meeting of the members at which board members are to be elected, a committee on nominations consisting of five (5) persons who shall be selected as follows: two (2) board members, one (1) school administrator, one (1) pto president or his or her designated officer, and one (1) teacher. The committee shall receive and consider any suggestions as to nominees submitted by members of the association. The committee, keeping in mind the principle of equitable representation, shall prepare and post at the principal's office or website of the corporation at least 30 days before the meeting a list of the committee's nominations for board members. Any and all nominations for board members from the membership at large must be turned in to the school office at least 20 days prior to the annual meeting at which members are to be elected. Each nomination must be accompanied by the signature of five (5) members who support the nomination. No member may nominate more than one candidate. The board of directors will communicate to the membership all names to be considered for election at least 20 days prior to the election.”
“The board of directors are elected annually by the members of the schools parents. Each director is elected to a three year term.”
“The form 990 was reviewed by the board of directors during a regularly scheduled meeting. The board of directors voted to approve the form 990 by unanimous vote. Prior to this board meeting, the form 990 was reviewed by the president of the board of directors, the school's principal and others responsible for the preparation and review of the form 990.”
“The board of directors discusses and votes on the principal's salary as well as well as bonuses for teaching staff.”
“The organizations governing documents are available on its website and are available upon request. The form 1023 and form 990 are available upon request. Information regarding how to request a copy of the form 1023 and form 990 is available on the website.”
“Leake academy is a private school that provides education for pre- kindergarten through grade 12. Leake academy is a member of the mississippi association of independent schools and is committed to the education of its students. The school's learning experience encourages responsible citizenship, creative expression, physical development, and academic achievement. Leake academy continues to maintain its tradition of excellence in a structured learning environment. The administration and faculty join together in their support of a school that clearly defines high expectations and a successful learning experience.”
“Capital contributed by pto 124,400 transfers from pto 0 other 3,543 total 127,943”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | true |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 20432 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 8604 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 19994 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 17178 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | LEAKE ACADEMY IS A PRIVATE SCHOOL THAT PROVIDES EDUCATION FOR PRE- KINDERGARTEN THROUGH GRADE 12. LEAKE ACADEMY IS A MEMBER OF THE MISSISSIPPI ASSOCIATION OF INDEPENDENT SCHOOLS AND IS COMMITTED TO THE EDUCATION OF ITS STUDENTS. THE SCHOOL'S LEARNING EXPERIENCE ENCOURAGES RESPONSIBLE CITIZENSHIP, CREATIVE EXPRESSION, PHYSICAL DEVELOPMENT, AND ACADEMIC ACHIEVEMENT. LEAKE ACADEMY CONTINUES TO MAINTAIN ITS TRADITION OF EXCELLENCE IN A STRUCTURED LEARNING ENVIRONMENT. THE ADMINISTRATION AND FACULTY JOIN TOGETHER IN THEIR SUPPORT OF A SCHOOL THAT CLEARLY DEFINES HIGH EXPECTATIONS AND A SUCCESSFUL LEARNING EXPERIENCE. |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AllOtherContributionsAmt | 0 | 51200 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 141908 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 141908 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | LEAKE ACADEMY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6012674461 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1 REBEL DRIVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MADDEN |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MS |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 39350 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1210328 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1403560 |
| IRS990/ChangeToOrgDocumentsInd | 0 | true |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 150000 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 150000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 51200 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 819 |
| IRS990/CYOtherExpensesAmt | 0 | 585229 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2342679 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 229892 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1579577 |
| IRS990/CYTotalExpensesAmt | 0 | 2164806 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2394698 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 76071 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 76071 |
| IRS990/Desc | 0 | EDUCATION / SCHOOL ACTIVITY |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 51 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 2164806 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 5500 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 5500 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 55.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DALE SCOTT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | TY JOHNSTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MIKE MAYFIELD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JESSICA MYERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | PHILIP PRINCE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DAN YOUNG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MELISSA WARREN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | RYAN MCKAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JOHN SPRAYBERRY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | BRIAN PICKENS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | OLIVIA SMITH |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 100000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 50000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT / |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY / |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | HEAD OF SCHO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | PRINCIPAL |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1973 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 2394698 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 23776 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 23776 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 6981 |
| IRS990/InterestGrp/TotalAmt | 0 | 6981 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 819 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 819 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 21 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 780509 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 766850 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 976257 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1756766 |
| IRS990/LegalDomicileStateCd | 0 | MS |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | LEAKE ACADEMY IS A PRIVATE SCHOOL THAT PROVIDES EDUCATION FOR PRE- KINDERGARTEN THROUGH GRADE 12. LEAKE ACADEMY IS A MEMBER OF THE MISSISSIPPI ASSOCIATION OF INDEPENDENT SCHOOLS AND IS COMMITTED TO THE EDUCATION OF ITS STUDENTS. THE SCHOOL'S LEARNING EXPERIENCE ENCOURAGES RESPONSIBLE CITIZENSHIP, CREATIVE EXPRESSION, PHYSICAL DEVELOPMENT, AND ACADEMIC ACHIEVEMENT. LEAKE ACADEMY CONTINUES TO MAINTAIN ITS TRADITION OF EXCELLENCE IN A STRUCTURED LEARNING ENVIRONMENT. THE ADMINISTRATION AND FACULTY JOIN TOGETHER IN THEIR SUPPORT OF A SCHOOL THAT CLEARLY DEFINES HIGH EXPECTATIONS AND A SUCCESSFUL LEARNING EXPERIENCE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1622016 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1979851 |
| IRS990/NondeductibleContributionsInd | 0 | true |
| IRS990/NondeductibleContriDisclInd | 0 | true |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 13476 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 13476 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 127943 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 48793 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 48793 |
| IRS990/OtherExpensesGrp/Desc | 0 | TECHNOLOGY EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | UTILTIES |
| IRS990/OtherExpensesGrp/Desc | 2 | TEACHING MATERIALS |
| IRS990/OtherExpensesGrp/Desc | 3 | TELEPHONE |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 116311 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 76406 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 75151 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 44050 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 116311 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 76406 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 75151 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 44050 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 183270 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 153098 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 1269466 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1269466 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 111318 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 111318 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 1292217 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 1292217 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 25785 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 6439 |
| IRS990/PrincipalOfficerNm | 0 | BRIAN PICKENS |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611600 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611600 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 611600 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 611600 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 611600 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TUITION |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | FOUNDATION FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | DUES, FEES, ETC |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | ATHLETIC EVENT REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | TECHNOLOGY FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2036048 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 98500 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 75360 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 65012 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 48500 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2036048 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 98500 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 75360 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 65012 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 48500 |
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| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 4153 |
| IRS990/PYOtherExpensesAmt | 0 | 629425 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 2362470 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 160531 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1600367 |
| IRS990/PYTotalExpensesAmt | 0 | 2229792 |
| IRS990/PYTotalRevenueAmt | 0 | 2390323 |
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| IRS990/QuidProQuoContriDisclInd | 0 | true |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 229892 |
| IRS990/RegularMonitoringEnfrcInd | 0 | false |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 2394698 |
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| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 687634 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 852251 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 411698 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1263949 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 33793 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 368811 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 402604 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 90213 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 90213 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 72604 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 51611 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 14450 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 14333 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 4 | 100 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | AUXILARY FUNDS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | PREPAID TUITION |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | PREPAID FEES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | PAYROLL LIABILITIES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | MISC |
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| IRS990ScheduleD/TotalLiabilityAmt | 0 | 153098 |
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| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
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| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
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| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
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| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION PUBLISHES ITS NON-DISCRIMINATION POLICY IN CONJUNCTION WITH ITS NOTICE FOR OPEN ENROLLMENT. THIS INFORMATION IS AVAILABLE ON ITS WEBSITE. IN ADDITION, THE NOTICE IS PUBLISHED IN LOCAL NEWSPAPERS. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, LINE 3 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | LEAKE ACADEMY IS A PRIVATE SCHOOL THAT PROVIDES EDUCATION FOR PRE- KINDERGARTEN THROUGH GRADE 12. LEAKE ACADEMY IS A MEMBER OF THE MISSISSIPPI ASSOCIATION OF INDEPENDENT SCHOOLS AND IS COMMITTED TO THE EDUCATION OF ITS STUDENTS. THE SCHOOL'S LEARNING EXPERIENCE ENCOURAGES RESPONSIBLE CITIZENSHIP, CREATIVE EXPRESSION, PHYSICAL DEVELOPMENT, AND ACADEMIC ACHIEVEMENT. LEAKE ACADEMY CONTINUES TO MAINTAIN ITS TRADITION OF EXCELLENCE IN A STRUCTURED LEARNING ENVIRONMENT. THE ADMINISTRATION AND FACULTY JOIN TOGETHER IN THEIR SUPPORT OF A SCHOOL THAT CLEARLY DEFINES HIGH EXPECTATIONS AND A SUCCESSFUL LEARNING EXPERIENCE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ARTICLE V. SECTION 9 OF THE BYLAWS WAS AMENDED TO READ: NOMINATIONS OF DIRECTORS: IT SHALL BE THE DUTY OF THE BOARD OF DIRECTORS TO APPOINT, NOT LESS THAN THIRTY (30) DAYS NOR MORE THAN SIXTY (60) DAYS BEFORE THE DATE OF THE ANNUAL MEETING OF THE MEMBERS AT WHICH BOARD MEMBERS ARE TO BE ELECTED, A COMMITTEE ON NOMINATIONS CONSISTING OF FIVE (5) PERSONS WHO SHALL BE SELECTED AS FOLLOWS: TWO (2) BOARD MEMBERS, ONE (1) SCHOOL ADMINISTRATOR, ONE (1) PTO PRESIDENT OR HIS OR HER DESIGNATED OFFICER, AND ONE (1) TEACHER. THE COMMITTEE SHALL RECEIVE AND CONSIDER ANY SUGGESTIONS AS TO NOMINEES SUBMITTED BY MEMBERS OF THE ASSOCIATION. THE COMMITTEE, KEEPING IN MIND THE PRINCIPLE OF EQUITABLE REPRESENTATION, SHALL PREPARE AND POST AT THE PRINCIPAL'S OFFICE OR WEBSITE OF THE CORPORATION AT LEAST 30 DAYS BEFORE THE MEETING A LIST OF THE COMMITTEE'S NOMINATIONS FOR BOARD MEMBERS. ANY AND ALL NOMINATIONS FOR BOARD MEMBERS FROM THE MEMBERSHIP AT LARGE MUST BE TURNED IN TO THE SCHOOL OFFICE AT LEAST 20 DAYS PRIOR TO THE ANNUAL MEETING AT WHICH MEMBERS ARE TO BE ELECTED. EACH NOMINATION MUST BE ACCOMPANIED BY THE SIGNATURE OF FIVE (5) MEMBERS WHO SUPPORT THE NOMINATION. NO MEMBER MAY NOMINATE MORE THAN ONE CANDIDATE. THE BOARD OF DIRECTORS WILL COMMUNICATE TO THE MEMBERSHIP ALL NAMES TO BE CONSIDERED FOR ELECTION AT LEAST 20 DAYS PRIOR TO THE ELECTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE BOARD OF DIRECTORS ARE ELECTED ANNUALLY BY THE MEMBERS OF THE SCHOOLS PARENTS. EACH DIRECTOR IS ELECTED TO A THREE YEAR TERM. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE FORM 990 WAS REVIEWED BY THE BOARD OF DIRECTORS DURING A REGULARLY SCHEDULED MEETING. THE BOARD OF DIRECTORS VOTED TO APPROVE THE FORM 990 BY UNANIMOUS VOTE. PRIOR TO THIS BOARD MEETING, THE FORM 990 WAS REVIEWED BY THE PRESIDENT OF THE BOARD OF DIRECTORS, THE SCHOOL'S PRINCIPAL AND OTHERS RESPONSIBLE FOR THE PREPARATION AND REVIEW OF THE FORM 990. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE BOARD OF DIRECTORS DISCUSSES AND VOTES ON THE PRINCIPAL'S SALARY AS WELL AS WELL AS BONUSES FOR TEACHING STAFF. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATIONS GOVERNING DOCUMENTS ARE AVAILABLE ON ITS WEBSITE AND ARE AVAILABLE UPON REQUEST. THE FORM 1023 AND FORM 990 ARE AVAILABLE UPON REQUEST. INFORMATION REGARDING HOW TO REQUEST A COPY OF THE FORM 1023 AND FORM 990 IS AVAILABLE ON THE WEBSITE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | CAPITAL CONTRIBUTED BY PTO 124,400 TRANSFERS FROM PTO 0 OTHER 3,543 TOTAL 127,943 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART XI, LINE 9 |
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| IRS990/SignificantChangeInd | 0 | false |
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| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
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| IRS990/TotalAssetsEOYAmt | 0 | 2403434 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2403434 |
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| IRS990/TotalEmployeeCnt | 0 | 51 |
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| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
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| IRS990/TotalLiabilitiesBOYAmt | 0 | 400941 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 423583 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 400941 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 423583 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1622016 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1979851 |
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| IRS990/TotalReportableCompFromOrgAmt | 0 | 150000 |
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| IRS990/TotalVolunteersCnt | 0 | 25 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2022957 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2403434 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 5599 |
| IRS990/TravelGrp/TotalAmt | 0 | 5599 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 197239 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 261881 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | LEAKEACADEMY.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BRIAN PICKENS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | HEAD OF SCHOOL |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6012674461 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-01-30 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | MADDEN |
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| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | C665BAA366388E6D335A099D1EBE1809E60D6C58 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 162.228.152.99 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-02-01 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 11:06:28 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 270633987 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DONALD AND CO CPA'S PLLC |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.