Civic Intelligence

Sage Academy Inc.

990 • Fiscal year 2021 • EIN 73-1716561

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 27, 2022

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

98th percentile

1.72x

Higher debt load relative to assets than 98% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

81st percentile

0.55x

Higher debt load relative to revenue than 81% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

41st percentile

8.0%

Higher net margin than 41% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

50th percentile

$56,500

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

19th percentile

-2.7%

Faster asset growth than 19% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

51st percentile

13%

Faster revenue growth than 51% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$661,302

Down $18,286 (-2.7%) from 2020

Net Assets

Up

-$477,090

Up $165,041 (+26%) from 2020

Liabilities

Down

$1,138,392

Down $183,327 (-14%) from 2020

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin41st percentile

Revenue

Up

$2,064,053

Up $236,252 (+13%) from 2020

Expenses

Up

$1,899,012

Up $133,047 (+7.5%) from 2020

Net Income

Up

$165,041

Up $103,205 (+167%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth19th 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

2021

Assets$661,302
Liabilities$1,138,392
Net Assets-$477,090
Open 2021 Filing

Operations Trend

Revenue Growth51st 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

2021

Revenue$2,064,053
Expenses$1,899,012
Net Income$165,041
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 27, 2022
Return Version
2020v4.0
Gross Receipts
$2,064,053
Mission and Program Overview

Mission

Operation of a charter school

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$597,535$662,599▲ $65,064
Cash and Non-Interest-Bearing Accounts$319,215$305,160▼ $14,055
Land, Buildings, and Equipment, Net$98,362$87,392▼ $10,970
Accounts Receivable$62,011$68,750▲ $6,739
Total Assets$679,588$661,302▼ $18,286
Other Assets Total$200,000$200,000→ $0
Liabilities
Unsecured Notes Loans Payable$493,000$233,000▼ $260,000
Mortgage Notes Payable Secured by Investment Property$153,850$153,850→ $0
Accounts Payable and Accrued Expenses$2,930$47,691▲ $44,761
Other Liabilities$70,978$41,252▼ $29,726
Deferred Revenue$3,426--
Total Liabilities$1,321,719$1,138,392▼ $183,327
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-642,131$-477,090▲ $165,041
Total Net Assets Fund Balance$-642,131$-477,090▲ $165,041
Total Liabilities and Net Assets / Fund Balance$679,588$661,302▼ $18,286

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$81,388$30,443$111,831
Equipment$6,004$68,211$74,215
Other Assets Org$200,000--
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lynnette LetcherAdmin DirectFT$56,500$56,500

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$2,063,717
Program Service Revenue
$0
Investment Income
$336
Other Revenue
$0
All Other Contributions
$188,697
Change in Net Assets
$165,041

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,064,053
Total Revenue per Audited Statements
$2,064,053
Total Revenue per Form 990
$2,064,053
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,182,605
Salaries, Compensation, and Employee Benefits$716,407
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$513,377$90,596-$603,973
Other Salaries and Wages$480,845$78,147-$558,992
Other Expenses$201,196$32,699-$233,895
Fees for Services Other$138,967$22,585-$161,552
Other Employee Benefits$86,807$14,108-$100,915
Interest$54,966$8,933-$63,899
Current Officers, Directors, Trustees, and Key Employees$48,599$7,901-$56,500
Office Expenses$46,543$7,564-$54,107
Fees for Services Accounting$13,583$2,207-$15,790
Advertising$12,641$2,054-$14,695
Travel$12,180$1,979-$14,159
Depreciation Depletion$9,324$1,647-$10,971
Insurance$8,227$1,337-$9,564
Total Functional Expenses$1,627,255$271,757$0$1,899,012

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,899,012
Total Expenses per Audited Statements$1,899,012
Total Expenses per Form 990$1,899,012
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
Unified Services I IncCommon ControlPeo ExpensesNo$716,451

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$597,535$662,599▲ $65,064
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest$31,501
Accrued Payroll$9,751
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 35% controlled entity
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, Page 6, Part VI, Line 2

“Lenny g. Letcher lynnette letcher exec. Dir. Admin. Dir. Father & daughter lenny g. Letcher lenny letcher ii exec. Dir. Board member father & son”

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
2022-01-27

Organization Details

Principal Officer
Lenny G Letcher
Formed
2004
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
1
Employees
0

Preparer

Firm
Atlas Cpas & Advisors Pllc
Address
16841 N 31ST AVENUE STE 102, PHOENIX, AZ 85053
Preparer
Loni Woodley
Phone
6024829101
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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/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt031501
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19751
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED PAYROLL
IRS990ScheduleD/RevenueSubtotalAmt02064053
IRS990ScheduleD/TotalBookValueLandBuildingsAmt087392
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0200000
IRS990ScheduleD/TotalExpensesPerForm990Amt01899012
IRS990ScheduleD/TotalLiabilityAmt041252
IRS990ScheduleD/TotalRevenuePerForm990Amt02064053
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02064053
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01899012
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/PersonNm0UNIFIED SERVICES I INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0COMMON CONTROL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0716451
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PEO EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0439535
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1190064
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt233000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0COUNTRY & ENVIRONMENTAL SOLUTIONS
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/TotalBalanceDueAmt0662599
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LENNY G. LETCHER LYNNETTE LETCHER EXEC. DIR. ADMIN. DIR. FATHER & DAUGHTER LENNY G. LETCHER LENNY LETCHER II EXEC. DIR. BOARD MEMBER FATHER & SON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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/ExplanationTxt2ANNUALLY 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/ExplanationTxt3THE 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/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/ExplanationTxt5DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0679588
IRS990/TotalAssetsEOYAmt0661302
IRS990/TotalAssetsGrp/BOYAmt0679588
IRS990/TotalAssetsGrp/EOYAmt0661302
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02063717
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0271757
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01627255
IRS990/TotalFunctionalExpensesGrp/TotalAmt01899012
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01321719
IRS990/TotalLiabilitiesEOYAmt01138392
IRS990/TotalLiabilitiesGrp/BOYAmt01321719
IRS990/TotalLiabilitiesGrp/EOYAmt01138392
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-642131
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-477090
IRS990/TotalProgramServiceExpensesAmt01627255
IRS990/TotalReportableCompFromOrgAmt056500
IRS990/TotalRevenueGrp/ExclusionAmt0336
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02064053
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0679588
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0661302
IRS990/TravelGrp/ManagementAndGeneralAmt01979
IRS990/TravelGrp/ProgramServicesAmt012180
IRS990/TravelGrp/TotalAmt014159
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0493000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0233000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012701 WEST ELM STREET
IRS990/USAddress/CityNm0SURPRISE
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085374
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0WWW.SAGE-ACADEMY.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LENNY G LETCHER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-27
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/PreparerFirmGrp/PreparerFirmEIN0472544071
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ATLAS CPAS & ADVISORS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016841 N 31ST AVENUE STE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHOENIX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085053
ReturnHeader/PreparerPersonGrp/PhoneNum06024829101
ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LONI WOODLEY
ReturnHeader/ReturnTs02022-04-19T12:13:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LENNY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LETCHER
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$661,302
Liabilities
$1,138,392
Net assets
-$477,090
Revenue
$2,064,053
Expenses
$1,899,012
Net income
$165,041
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
2021Detailed filing. Detailed filing data is available for this year.$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
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