Civic Intelligence

Sage Academy Inc.

990 • Fiscal year 2018 • EIN 73-1716561

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 01, 2018

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

1.83x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

1.10x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

11th percentile

-26%

Higher net margin than 11% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

92nd percentile

80%

Faster asset growth than 92% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

16th percentile

-18%

Faster revenue growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$600,727

Up $266,264 (+80%) from 2017

Net Assets

Down

-$499,791

Down $256,690 (-106%) from 2017

Liabilities

Up

$1,100,518

Up $522,954 (+91%) from 2017

Revenue

Down

$997,720

Down $223,455 (-18%) from 2017

Expenses

Up

$1,254,410

Up $88,533 (+7.6%) from 2017

Net Income

Down

-$256,690

Down $311,988 (-564%) from 2017

Historical Trend

Balance Sheet Trend

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

2018

Assets$600,727
Liabilities$1,100,518
Net Assets-$499,791

Operations Trend

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

2018

Revenue$997,720
Expenses$1,254,410
Net Income-$256,690
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 1, 2018
Return Version
2017v2.3
Gross Receipts
$998,318
Mission and Program Overview

Mission

Operation of a charter school

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$459,342$579,720▲ $120,378
Cash and Non-Interest-Bearing Accounts$280,707$238,252▼ $42,455
Land, Buildings, and Equipment, Net$3,940$116,799▲ $112,859
Accounts Receivable$48,101$45,451▼ $2,650
Investments in Publicly Traded Securities$1,715--
Total Assets$334,463$600,727▲ $266,264
Other Assets Total-$200,225-
Liabilities
Unsecured Notes Loans Payable$43,000$493,000▲ $450,000
Other Liabilities$43,742$19,723▼ $24,019
Accounts Payable and Accrued Expenses$31,480$8,075▼ $23,405
Total Liabilities$577,564$1,100,518▲ $522,954
Net Assets / Fund Balance
Temporarily Rstr Net Assets$49,847--
Unrestricted Net Assets$-292,948$-499,791▼ $206,843
Total Net Assets Fund Balance$-243,101$-499,791▼ $256,690
Total Liabilities and Net Assets / Fund Balance$334,463$600,727▲ $266,264

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$104,888$6,943$111,831
Equipment$11,911$59,004$70,915
Other Assets Org$200,225--
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$996,102
Program Service Revenue
$1,610
Investment Income
$8
Other Revenue
$0
All Other Contributions
$38,258
Change in Net Assets
$-256,690

Audited Revenue Reconciliation

Revenue per Audited Statements
$997,720
Total Revenue per Audited Statements
$997,720
Total Revenue per Form 990
$997,720
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$677,353
Salaries, Compensation, and Employee Benefits$577,057
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$362,355$43,812-$406,167
Occupancy$222,064$74,021-$296,085
Other Expenses$71,956--$71,956
Travel$65,738$453-$66,191
Other Employee Benefits$53,889$7,657-$61,546
Payroll Taxes$48,926$6,951-$55,877
Current Officers, Directors, Trustees, and Key Employees$40,100$13,367-$53,467
Interest$39,332$13,111-$52,443
Office Expenses$35,644$8,812-$44,456
Fees for Services Other$36,746$358-$37,104
Fees for Services Accounting-$12,363-$12,363
Insurance$7,070--$7,070
Advertising$4,896--$4,896
Conferences and Meetings$3,193$997-$4,190
Depreciation Depletion$2,849$950-$3,799
Total Functional Expenses$1,071,558$182,852$0$1,254,410

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,254,410
Total Expenses per Audited Statements$1,254,410
Total Expenses per Form 990$1,254,410
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$514,502
Unified Services ICommon ControlPay for ExpensesNo$5,197

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$459,342$579,720▲ $120,378
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$19,723
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
Yes
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

Two board members are related; father and son.

Form 990, Page 6, Part VI, Line 2

_

Form 990, Page 6, Part VI, Line 9

Lenny g letcher 12701 west elm street surprise, az 85374

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

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 members 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.

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
2018-12-01

Organization Details

Principal Officer
Lenny G Letcher
Formed
2004
Legal Domicile
Az
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
8

Preparer

Firm
Atlas Cpas & Advisors Pllc
Address
21 N 1ST AVE STE 200, BRIGHTON, CO 80601
Preparer
Kay E Green CPA
Phone
6024829101
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

Accounting principles generally accepted in the united states require recognition of uncertain income tax positions. The school recognizes income tax benefits for income tax positions taken or expected to be taken in a tax return only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by the taxing authorities. The school has analyzed tax positions taken for filing with the internal revenue service and all state jurisdictions where it operates. The school believes that income tax positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the school's financial conditions, results of operations or cash flow. Accordingly, the school has not recorded any reserves or retained accruals for interest and penalties for uncertain tax positions as of june 30, 2018.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE RECOGNITION OF UNCERTAIN INCOME TAX POSITIONS. THE SCHOOL RECOGNIZES INCOME TAX BENEFITS FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. THE SCHOOL HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE SCHOOL BELIEVES THAT INCOME TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE SCHOOL'S FINANCIAL CONDITIONS, RESULTS OF OPERATIONS OR CASH FLOW. ACCORDINGLY, THE SCHOOL HAS NOT RECORDED ANY RESERVES OR RETAINED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0116799
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0200225
IRS990ScheduleD/TotalExpensesPerForm990Amt01254410
IRS990ScheduleD/TotalLiabilityAmt019723
IRS990ScheduleD/TotalRevenuePerForm990Amt0997720
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0997720
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01254410
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/TransactionAmt05197
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1514502
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PAY FOR EXPENSES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1PAY FOR EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0421720
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1125000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt233000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0COUNTRY&ENVIRONMENTAL SOLUTIONSLLC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CASH FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1CASH FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2CASH FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0426342
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1125000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt233000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0LENNY LETCHER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1DALE AND JUDITH LETCHER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1RELATED TO EXEC DIR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2RELATED TO EXEC DIR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/TotalBalanceDueAmt0579720
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO BOARD MEMBERS ARE RELATED; FATHER AND SON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1_
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LENNY G LETCHER 12701 WEST ELM STREET SURPRISE, AZ 85374
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 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 MEMBERS 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/ExplanationTxt4ANNUALLY 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/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/ExplanationTxt6THE 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/ExplanationTxt7DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
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 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt049847
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0334463
IRS990/TotalAssetsEOYAmt0600727
IRS990/TotalAssetsGrp/BOYAmt0334463
IRS990/TotalAssetsGrp/EOYAmt0600727
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0996102
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0182852
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01071558
IRS990/TotalFunctionalExpensesGrp/TotalAmt01254410
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0577564
IRS990/TotalLiabilitiesEOYAmt01100518
IRS990/TotalLiabilitiesGrp/BOYAmt0577564
IRS990/TotalLiabilitiesGrp/EOYAmt01100518
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-243101
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-499791
IRS990/TotalProgramServiceExpensesAmt01071558
IRS990/TotalProgramServiceRevenueAmt01610
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01618
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0997720
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0334463
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0600727
IRS990/TravelGrp/ManagementAndGeneralAmt0453
IRS990/TravelGrp/ProgramServicesAmt065738
IRS990/TravelGrp/TotalAmt066191
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-292948
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-499791
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt043000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0493000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012701 WEST ELM STREET
IRS990/USAddress/CityNm0SURPRISE
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085374
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0WWW.SAGE-ACADEMY.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LENNY G LETCHER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-12-01
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/AtSubmissionCreationDeviceId004EFC60EA1C873970C593AF815D85B8DA2DB325B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId004EFC60EA1C873970C593AF815D85B8DA2DB325B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.35.55.59
ReturnHeader/FilingSecurityInformation/IPDt02019-01-08
ReturnHeader/FilingSecurityInformation/IPTm009:16:36
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464296959
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ATLAS CPAS & ADVISORS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt021 N 1ST AVE STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRIGHTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080601
ReturnHeader/PreparerPersonGrp/PhoneNum06024829101
ReturnHeader/PreparerPersonGrp/PreparationDt02019-01-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KAY E GREEN CPA
ReturnHeader/ReturnTs02019-01-08T09:17:02-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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
2018Detailed filing. Detailed filing data is available for this year.$0.60$1.10$0.50$1.00$1.25$0.26
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$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