Civic Intelligence

Sage Academy Inc.

990 • Fiscal year 2017 • EIN 73-1716561

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

Organization ProfileWWW.SAGE-ACADEMY.ORG
PO Box 1400Surprise, AZ 85378-1400

(602) 485-3402

Siviq Scores

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

Liabilities / Assets

97th percentile

1.73x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

77th percentile

0.47x

Higher debt load relative to revenue than 77% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

54th percentile

4.5%

Higher net margin than 54% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

47th percentile

$56,120

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

88th percentile

35%

Faster asset growth than 88% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

31st percentile

-2.4%

Faster revenue growth than 31% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$334,463

Up $87,613 (+35%) from 2016

Net Assets

Up

-$243,101

Up $55,298 (+19%) from 2016

Liabilities

Up

$577,564

Up $32,315 (+5.9%) from 2016

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin54th percentile

Revenue

Down

$1,221,175

Down $30,305 (-2.4%) from 2016

Expenses

Up

$1,165,877

Up $7,677 (+0.7%) from 2016

Net Income

Down

$55,298

Down $37,982 (-41%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $141,196Liabilities 2011: $523,752Net Assets 2011: -$382,5562011Assets 2012: $159,785Liabilities 2012: $581,700Net Assets 2012: -$421,9152012Assets 2013: $144,021Liabilities 2013: $601,803Net Assets 2013: -$457,7822013Assets 2014: $202,989Liabilities 2014: $563,611Net Assets 2014: -$360,6222014Assets 2015: $146,736Liabilities 2015: $538,415Net Assets 2015: -$391,6792015Assets 2016: $246,850Liabilities 2016: $545,249Net Assets 2016: -$298,3992016Assets 2017: $334,463Liabilities 2017: $577,564Net Assets 2017: -$243,1012017Assets 2018: $600,727Liabilities 2018: $1,100,518Net Assets 2018: -$499,7912018Assets 2019: $464,234Liabilities 2019: $1,168,201Net Assets 2019: -$703,9672019Assets 2020: $679,588Liabilities 2020: $1,321,719Net Assets 2020: -$642,1312020Assets 2021: $661,302Liabilities 2021: $1,138,392Net Assets 2021: -$477,0902021Assets 2022: $1,998,854Liabilities 2022: $2,255,928Net Assets 2022: -$257,0742022Assets 2023: $1,385,486Liabilities 2023: $1,653,767Net Assets 2023: -$268,2812023Assets 2024: $870,122Liabilities 2024: $1,265,861Net Assets 2024: -$395,7392024Assets 2025: $1,022,589Liabilities 2025: $1,044,559Net Assets 2025: -$21,9702025

Highlighted filing

2017

Assets$334,463
Liabilities$577,564
Net Assets-$243,101
Open 2017 Filing

Operations Trend

Revenue Growth31st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $550,073Expenses 2011: $582,003Net Income 2011: -$31,9302011Revenue 2012: $623,648Expenses 2012: $663,007Net Income 2012: -$39,3592012Revenue 2013: $824,755Expenses 2013: $860,622Net Income 2013: -$35,8672013Revenue 2014: $1,086,045Expenses 2014: $988,885Net Income 2014: $97,1602014Revenue 2015: $1,148,352Expenses 2015: $1,179,409Net Income 2015: -$31,0572015Revenue 2016: $1,251,480Expenses 2016: $1,158,200Net Income 2016: $93,2802016Revenue 2017: $1,221,175Expenses 2017: $1,165,877Net Income 2017: $55,2982017Revenue 2018: $997,720Expenses 2018: $1,254,410Net Income 2018: -$256,6902018Revenue 2019: $1,491,393Expenses 2019: $1,688,693Net Income 2019: -$197,3002019Revenue 2020: $1,827,801Expenses 2020: $1,765,965Net Income 2020: $61,8362020Revenue 2021: $2,064,053Expenses 2021: $1,899,012Net Income 2021: $165,0412021Revenue 2022: $2,422,318Expenses 2022: $2,202,302Net Income 2022: $220,0162022Revenue 2023: $1,818,448Expenses 2023: $1,829,655Net Income 2023: -$11,2072023Revenue 2024: $1,617,928Expenses 2024: $1,745,386Net Income 2024: -$127,4582024Revenue 2025: $1,616,133Expenses 2025: $1,242,364Net Income 2025: $373,7692025

Highlighted filing

2017

Revenue$1,221,175
Expenses$1,165,877
Net Income$55,298
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$1,221,175
Mission and Program Overview

Mission

Operation of a charter school

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$462,342$459,342▼ $3,000
Cash and Non-Interest-Bearing Accounts$219,757$280,707▲ $60,950
Accounts Receivable$14,338$48,101▲ $33,763
Land, Buildings, and Equipment, Net$3,920$3,940▲ $20
Investments in Publicly Traded Securities$8,835$1,715▼ $7,120
Total Assets$246,850$334,463▲ $87,613
Liabilities
Other Liabilities-$43,742-
Unsecured Notes Loans Payable$43,000$43,000→ $0
Accounts Payable and Accrued Expenses$39,907$31,480▼ $8,427
Total Liabilities$545,249$577,564▲ $32,315
Net Assets / Fund Balance
Temporarily Rstr Net Assets$37,385$49,847▲ $12,462
Unrestricted Net Assets$-335,784$-292,948▲ $42,836
Total Net Assets Fund Balance$-298,399$-243,101▲ $55,298
Total Liabilities and Net Assets / Fund Balance$246,850$334,463▲ $87,613

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,166$57,922$61,088
Leasehold Improvements$774$4,226$5,000
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lynette ClawsonBoard MemberFT$56,120$56,120

Board Members and Trustees

NameTitle
Everett BakerBoard Member
John PierceBoard Member
Lenny Letcher IiBoard Member
Lenny G LetcherExecutive Di
Revenue and Support

Revenue Composition

Contributions and Grants
$1,218,680
Program Service Revenue
$2,488
Investment Income
$7
Other Revenue
$0
All Other Contributions
$52,359
Change in Net Assets
$55,298

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,221,175
Total Revenue per Audited Statements
$1,221,175
Total Revenue per Form 990
$1,221,175
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$647,649
Other Expenses$518,228
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$456,667--$456,667
Occupancy$138,436$52,164-$190,600
Other Employee Benefits$68,745$1,934-$70,679
Payroll Taxes$62,427$1,756-$64,183
Current Officers, Directors, Trustees, and Key Employees$42,090$14,030-$56,120
Fees for Services Other$39,497--$39,497
Interest-$28,815-$28,815
Office Expenses$3,944$23,942-$27,886
Fees for Services Accounting-$11,898-$11,898
Insurance-$7,620-$7,620
Other Expenses$198,060$7,250-$7,250
Conferences and Meetings-$3,186-$3,186
Advertising-$1,708-$1,708
Depreciation Depletion$1,281$427-$1,708
Total Functional Expenses$1,011,147$154,730$0$1,165,877

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,165,877
Total Expenses per Audited Statements$1,165,877
Total Expenses per Form 990$1,165,877
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Common ControlPay for ExpensesNo$581,832
Unified Services ICommon ControlPay for ExpensesNo$2,014

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$462,342$459,342▼ $3,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$27,624
Rent Payable$16,118
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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

“Three board members are related; father, son and daughter.”

Form 990, Page 6, Part VI, Line 2

“_”

Form 990, Page 6, Part VI, Line 11B

“_”

Form 990, Page 6, Part VI, Line 12C

“Annually the board reviews transactions and relationships for a conflict of interest. All board members and senior level management are covered by the conflict of interest. The board determines whether a conflict of interest is made or exists and the board also reviews any conflict of interest that exists. If there is a conflict of interest, they cannot participate in governing board decisions.”

Form 990, Page 6, Part VI, Line 15A

“The compensation for the exective director, officers, and key employees are compared to industry averages and approved by the governing board. Also, a school budget is reviewed and approved annually by the board and sent to the arizona department of education for review.”

Form 990, Page 6, Part VI, Line 15B

“The compensation for the exective director, officers, and key employees are compared to industry averages and approved by the governing board. Also, a school budget is reviewed and approved annually by the board and sent to the arizona department of education for review.”

Form 990, Page 6, Part VI, Line 19

“Documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Sage Academy Inc
EIN
73-1716561
Phone
6024853402
Address
PO BOX 1400, SURPRISE, AZ 85378-1400

Signing Officer

Name
Lenny G Letcher
Title
Executive Director
Signed
2017-11-15

Organization Details

Principal Officer
Lynette Clawson
Formed
2004
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
7

Preparer

Firm
Atlas Cpas & Advisors
Address
4653 E COTTON GIN LOOP STE 120, PHOENIX, AZ 85040-8835
Preparer
Loni Woodley
Phone
6024319288
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C

“The tax preparer mailed a draft copy of the form 990 to the executive director of the school. Each board member receives and reviews the draft form 990. Once the forms are reviewed by all board memebers and all information is correct, the executive director is authorized to approve the form 990 for the school. Also, the approval is documented in the school's board minutes.”

Financial Statement Notes

Schedule D, Page 3, Part X

“SEE FOOTNOTE ATTACHED.”

Raw XML Appendix393 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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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalExpensesPerForm990Amt01165877
IRS990ScheduleD/TotalLiabilityAmt043742
IRS990ScheduleD/TotalRevenuePerForm990Amt01221175
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01221175
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01165877
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE NONDISCRIMINATORY POLICY IS INCLUDED IN ALL ADVERTISING.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1SAGE ACADEMY, INC. RECEIVES FINANCIAL ASSISTANCE FROM THE UNITED STATES DEPARTMENT OF EDUCATION AND THE ARIZONA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0UNIFIED SERVICES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0UNIFIED SERVICES I
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0COMMON CONTROL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1COMMON CONTROL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt02014
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1581832
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PAY FOR EXPENSES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1PAY FOR EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0426342
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt133000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CASH FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1CASH FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0426342
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt133000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0LENNY LETCHER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1DALE AND JUDITH LETCHER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1RELATED TO EXEC DIR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/TotalBalanceDueAmt0459342
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THREE BOARD MEMBERS ARE RELATED; FATHER, SON AND DAUGHTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1_
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2_
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUALLY THE BOARD REVIEWS TRANSACTIONS AND RELATIONSHIPS FOR A CONFLICT OF INTEREST. ALL BOARD MEMBERS AND SENIOR LEVEL MANAGEMENT ARE COVERED BY THE CONFLICT OF INTEREST. THE BOARD DETERMINES WHETHER A CONFLICT OF INTEREST IS MADE OR EXISTS AND THE BOARD ALSO REVIEWS ANY CONFLICT OF INTEREST THAT EXISTS. IF THERE IS A CONFLICT OF INTEREST, THEY CANNOT PARTICIPATE IN GOVERNING BOARD DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION FOR THE EXECTIVE DIRECTOR, OFFICERS, AND KEY EMPLOYEES ARE COMPARED TO INDUSTRY AVERAGES AND APPROVED BY THE GOVERNING BOARD. ALSO, A SCHOOL BUDGET IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD AND SENT TO THE ARIZONA DEPARTMENT OF EDUCATION FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE COMPENSATION FOR THE EXECTIVE DIRECTOR, OFFICERS, AND KEY EMPLOYEES ARE COMPARED TO INDUSTRY AVERAGES AND APPROVED BY THE GOVERNING BOARD. ALSO, A SCHOOL BUDGET IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD AND SENT TO THE ARIZONA DEPARTMENT OF EDUCATION FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE TAX PREPARER MAILED A DRAFT COPY OF THE FORM 990 TO THE EXECUTIVE DIRECTOR OF THE SCHOOL. EACH BOARD MEMBER RECEIVES AND REVIEWS THE DRAFT FORM 990. ONCE THE FORMS ARE REVIEWED BY ALL BOARD MEMEBERS AND ALL INFORMATION IS CORRECT, THE EXECUTIVE DIRECTOR IS AUTHORIZED TO APPROVE THE FORM 990 FOR THE SCHOOL. ALSO, THE APPROVAL IS DOCUMENTED IN THE SCHOOL'S BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 12, PART XII, LINE 2C
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt037385
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt049847
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0246850
IRS990/TotalAssetsEOYAmt0334463
IRS990/TotalAssetsGrp/BOYAmt0246850
IRS990/TotalAssetsGrp/EOYAmt0334463
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01218680
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0154730
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01011147
IRS990/TotalFunctionalExpensesGrp/TotalAmt01165877
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0545249
IRS990/TotalLiabilitiesEOYAmt0577564
IRS990/TotalLiabilitiesGrp/BOYAmt0545249
IRS990/TotalLiabilitiesGrp/EOYAmt0577564
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-298399
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-243101
IRS990/TotalProgramServiceExpensesAmt01011147
IRS990/TotalProgramServiceRevenueAmt02488
IRS990/TotalReportableCompFromOrgAmt056120
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02495
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01221175
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0246850
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0334463
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-335784
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-292948
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt043000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt043000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06824 W ROSE GARDEN LANE
IRS990/USAddress/CityNm0GLENDALE
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085308
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.SAGE-ACADEMY.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LENNY G LETCHER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAGE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0SAGE
ReturnHeader/Filer/EIN0731716561
ReturnHeader/Filer/PhoneNum06024853402
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1400
ReturnHeader/Filer/USAddress/CityNm0SURPRISE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd0853781400
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03E844B54DC32CA65BD792F079C7EE8BE01FC6CFB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId004EFC60EA1C873970C593AF815D85B8DA2DB325B
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464296959
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ATLAS CPAS & ADVISORS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04653 E COTTON GIN LOOP STE 120
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHOENIX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0850408835
ReturnHeader/PreparerPersonGrp/PhoneNum06024319288
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LONI WOODLEY
ReturnHeader/ReturnTs02017-11-15T15:05:47-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$334,463
Liabilities
$577,564
Net assets
-$243,101
Revenue
$1,221,175
Expenses
$1,165,877
Net income
$55,298
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.02$1.04$0.02$1.62$1.24$0.37
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$1.27$0.40$1.62$1.75$0.13
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$1.65$0.27$1.82$1.83$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$2.26$0.26$2.42$2.20$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$1.14$0.48$2.06$1.90$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$1.32$0.64$1.83$1.77$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$1.17$0.70$1.49$1.69$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$1.10$0.50$1.00$1.25$0.26
2017Detailed filing. Detailed filing data is available for this year.$0.33$0.58$0.24$1.22$1.17$0.06
2016Summary only. Only limited summary data is available for this year.$0.25$0.55$0.30$1.25$1.16$0.09
2015Summary only. Only limited summary data is available for this year.$0.15$0.54$0.39$1.15$1.18$0.03
2014Summary only. Only limited summary data is available for this year.$0.20$0.56$0.36$1.09$0.99$0.10
2013Summary only. Only limited summary data is available for this year.$0.14$0.60$0.46$0.82$0.86$0.04
2012Summary only. Only limited summary data is available for this year.$0.16$0.58$0.42$0.62$0.66$0.04
2011Summary only. Only limited summary data is available for this year.$0.14$0.52$0.38$0.55$0.58$0.03
Peer Organizations

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