Civic Intelligence

Cedars International Academy

990 • Fiscal year 2020 • EIN 74-2960628

Sep 01, 2019 to Aug 31, 2020 • Filed on Mar 02, 2021

Organization Profilewww.cedars-academy.org
8416 N Ih-35Austin, TX 78753

(512) 419-1551

Siviq Scores

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

Liabilities / Assets

76th percentile

0.50x

Higher debt load relative to assets than 76% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

61st percentile

0.32x

Higher debt load relative to revenue than 61% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

25th percentile

-5.9%

Higher net margin than 25% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

59th percentile

$141,442

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

10th percentile

-6.5%

Faster asset growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

44th percentile

-0.4%

Faster revenue growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$3,843,399

Down $268,073 (-6.5%) from 2019

Net Assets

Down

$1,931,549

Down $346,482 (-15%) from 2019

Liabilities

Up

$1,911,850

Up $78,409 (+4.3%) from 2019

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin25th percentile

Revenue

Down

$5,909,143

Down $26,589 (-0.4%) from 2019

Expenses

Up

$6,255,625

Up $404,641 (+6.9%) from 2019

Net Income

Down

-$346,482

Down $431,230 (-509%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,595,441Liabilities 2011: $1,554,038Net Assets 2011: $1,041,4032011Assets 2012: $2,537,981Liabilities 2012: $1,422,501Net Assets 2012: $1,115,4802012Assets 2013: $2,672,153Liabilities 2013: $1,273,149Net Assets 2013: $1,399,0042013Assets 2014: $3,161,005Liabilities 2014: $1,371,540Net Assets 2014: $1,789,4652014Assets 2015: $3,129,764Liabilities 2015: $896,099Net Assets 2015: $2,233,6652015Assets 2016: $4,398,339Liabilities 2016: $2,035,325Net Assets 2016: $2,363,0142016Assets 2017: $4,163,613Liabilities 2017: $2,020,785Net Assets 2017: $2,142,8282017Assets 2018: $4,208,502Liabilities 2018: $2,015,219Net Assets 2018: $2,193,2832018Assets 2019: $4,111,472Liabilities 2019: $1,833,441Net Assets 2019: $2,278,0312019Assets 2020: $3,843,399Liabilities 2020: $1,911,850Net Assets 2020: $1,931,5492020Assets 2021: $3,969,300Liabilities 2021: $1,799,212Net Assets 2021: $2,170,0882021Assets 2022: $3,804,371Liabilities 2022: $1,690,727Net Assets 2022: $2,113,6442022Assets 2023: $4,829,498Liabilities 2023: $2,986,981Net Assets 2023: $1,842,5172023Assets 2024: $4,258,110Liabilities 2024: $2,669,686Net Assets 2024: $1,588,4242024

Highlighted filing

2020

Assets$3,843,399
Liabilities$1,911,850
Net Assets$1,931,549
Open 2020 Filing

Operations Trend

Revenue Growth44th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $2,121,049Expenses 2011: $1,964,981Net Income 2011: $156,0682011Revenue 2012: $2,436,830Expenses 2012: $2,212,829Net Income 2012: $224,0012012Revenue 2013: $2,978,990Expenses 2013: $2,695,466Net Income 2013: $283,5242013Revenue 2014: $3,476,580Expenses 2014: $3,086,119Net Income 2014: $390,4612014Revenue 2015: $3,767,408Expenses 2015: $3,323,208Net Income 2015: $444,2002015Revenue 2016: $4,024,482Expenses 2016: $3,895,133Net Income 2016: $129,3492016Revenue 2017: $4,607,523Expenses 2017: $4,827,709Net Income 2017: -$220,1862017Revenue 2018: $5,372,507Expenses 2018: $5,322,052Net Income 2018: $50,4552018Revenue 2019: $5,935,732Expenses 2019: $5,850,984Net Income 2019: $84,7482019Revenue 2020: $5,909,143Expenses 2020: $6,255,625Net Income 2020: -$346,4822020Revenue 2021: $6,495,376Expenses 2021: $6,295,220Net Income 2021: $200,1562021Revenue 2022: $7,599,107Expenses 2022: $7,655,551Net Income 2022: -$56,4442022Revenue 2023: $7,970,788Expenses 2023: $8,241,915Net Income 2023: -$271,1272023Revenue 2024: $7,624,034Expenses 2024: $7,878,127Net Income 2024: -$254,0932024

Highlighted filing

2020

Revenue$5,909,143
Expenses$6,255,625
Net Income-$346,482
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Mar 2, 2021
Return Version
2019v5.0
Gross Receipts
$5,909,143
Mission and Program Overview

Mission

Cedars International Academy inspires and nurtures a child's natural love for learning. We do this by providing a safe, supportive social and academic community where children are given the resources and opportunities to reach their full potential as they grow to be life-long learners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,433,829$2,201,046▼ $232,783
Cash and Non-Interest-Bearing Accounts$1,217,317$735,928▼ $481,389
Accounts Receivable$160,999$617,020▲ $456,021
Savings and Temporary Cash Investments$299,327$289,405▼ $9,922
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$4,111,472$3,843,399▼ $268,073
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,789,573$1,763,858▼ $25,715
Grants Payable$511$132,067▲ $131,556
Deferred Revenue$17,907--
Accounts Payable and Accrued Expenses$25,450$15,925▼ $9,525
Total Liabilities$1,833,441$1,911,850▲ $78,409
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,229,919$1,895,347▼ $334,572
Net Assets With Donor Restrictions$48,112$36,202▼ $11,910
Total Net Assets Fund Balance$2,278,031$1,931,549▼ $346,482
Total Liabilities and Net Assets / Fund Balance$4,111,472$3,843,399▼ $268,073

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,145,960$2,528,425$4,674,385
Other Land Buildings$55,086$89,823$144,909
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Varghese PanachakunnilFormer Sup'dentFT$141,442$141,442
Michael BlalockSuperintendentFT$81,467$81,467

Board Members and Trustees

NameTitle
Dr Mark CanalesPresident
Dr Donald SawyerBoard Member
Dr Maria SeidnerBoard Member
Dr Mark DiazBoard Member
Dr Melissa BeigertFormer Member
Dr Sharon ButlerSecretary
Barney Schultz CPATreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
422 Bastrop Hwy LtdChase EquitiesRent502 E 11th St Ste 400, Austin, TX 78701$163,740
Labatt Food ServiceFood suppliesPO Box 137, San Antonio, TX 78291-0137$160,697
New Tech NetworkTextbook services/echo952 School St 311, Napa, CA 94559$124,685
Harris School SolutionsSoftware providerPO Box 74008484, Chicago, IL 60674-8484$112,864
Revenue and Support

Revenue Composition

Contributions and Grants
$5,799,963
Program Service Revenue
$95,115
Investment Income
$14,065
Other Revenue
$0
All Other Contributions
$3,275
Change in Net Assets
$-346,482

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,909,143
Total Revenue per Audited Statements
$5,909,143
Total Revenue per Form 990
$5,909,143
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,588,922
Other Expenses$1,666,703
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,587,486$117,679-$3,705,165
Other Employee Benefits$548,404$48,444-$596,848
Depreciation Depletion$4,718$243,640-$248,358
Current Officers, Directors, Trustees, and Key Employees-$222,909-$222,909
Occupancy$25,569$156,447-$182,016
All Other Expenses$76,871$36,258-$113,129
Fees for Services Other$62,794$37,278-$100,072
Other Expenses$216,067$85,350-$85,350
Interest-$82,575-$82,575
Payroll Taxes$52,592$11,408-$64,000
Travel$44,586$2,126-$46,712
Insurance-$26,951-$26,951
Fees for Services Accounting-$15,378-$15,378
Fees for Services Legal-$8,500-$8,500
Total Functional Expenses$5,123,560$1,132,065$0$6,255,625

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,255,625
Total Expenses per Audited Statements$6,255,625
Total Expenses per Form 990$6,255,625
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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, Line 11B: Form 990 Review Process

“Form 990 is reviewed by senior management prior to filing with the IRS.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Each year, the auditor sends to each Board member a form that is to be signed and returned.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Salary for and performance of the superintendent are evaluated by the Board.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The Board approves the salary scale for these employees.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Governing documents, policies and financial statements are available in the School office.”

Filing and Contact Details

Filer

Filer Name
Cedars International Academy
EIN
74-2960628
Phone
5124191551
Address
8416 N IH-35, Austin, TX 78753

Signing Officer

Name
Michael Blalock
Title
Superintendent
Signed
2021-03-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Blalock
Formed
1981
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
109
Volunteers
280

Preparer

Firm
Belt Harris Pechacek Lllp
Address
3210 BINGLE ROAD SUITE 300, HOUSTON, TX 77055
Preparer
Stephanie E Harris
Phone
7132631123
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IRS990/FormationYr01981
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt05796688
IRS990/GrantsPayableGrp/BOYAmt0511
IRS990/GrantsPayableGrp/EOYAmt0132067
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05909143
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IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
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IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt026951
IRS990/InsuranceGrp/TotalAmt026951
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt082575
IRS990/InterestGrp/TotalAmt082575
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt014065
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt014065
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02618248
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02433829
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02201046
IRS990/LandBldgEquipCostOrOtherBssAmt04819294
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Cedars International Academy inspires and nurtures a child's natural love for learning. We do this by providing a safe, supportive social and academic community where children are given the resources and opportunities to reach their full potential as they grow to be life-long learners.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01789573
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01763858
IRS990/NetAssetsOrFundBalancesBOYAmt02278031
IRS990/NetAssetsOrFundBalancesEOYAmt01931549
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02229919
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01895347
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0156447
IRS990/OccupancyGrp/ProgramServicesAmt025569
IRS990/OccupancyGrp/TotalAmt0182016
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt048444
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0548404
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0596848
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Purchased & Contracted Svcs
IRS990/OtherExpensesGrp/Desc2Food
IRS990/OtherExpensesGrp/Desc3Utilities
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026267
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110855
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt285350
IRS990/OtherExpensesGrp/ProgramServicesAmt0249452
IRS990/OtherExpensesGrp/ProgramServicesAmt1255021
IRS990/OtherExpensesGrp/ProgramServicesAmt2216067
IRS990/OtherExpensesGrp/TotalAmt0275719
IRS990/OtherExpensesGrp/TotalAmt1265876
IRS990/OtherExpensesGrp/TotalAmt2216067
IRS990/OtherExpensesGrp/TotalAmt385350
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0117679
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03587486
IRS990/OtherSalariesAndWagesGrp/TotalAmt03705165
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011408
IRS990/PayrollTaxesGrp/ProgramServicesAmt052592
IRS990/PayrollTaxesGrp/TotalAmt064000
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Michael Blalock
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Athletic/Afterschool Prog
IRS990/ProgramServiceRevenueGrp/Desc1Food Service Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt077731
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117384
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt077731
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117384
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05797076
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt036340
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01781172
IRS990/PYProgramServiceRevenueAmt0102316
IRS990/PYRevenuesLessExpensesAmt084748
IRS990/PYSalariesCompEmpBnftPaidAmt04069812
IRS990/PYTotalExpensesAmt05850984
IRS990/PYTotalRevenueAmt05935732
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-346482
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05895078
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0299327
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0289405
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02145960
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02528425
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04674385
IRS990ScheduleD/ExpensesSubtotalAmt06255625
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt055086
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt089823
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0144909
IRS990ScheduleD/RevenueSubtotalAmt05909143
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02201046
IRS990ScheduleD/TotalExpensesPerForm990Amt06255625
IRS990ScheduleD/TotalRevenuePerForm990Amt05909143
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05909143
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06255625
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/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Cedars International Academy operates as a public charter school in Texas and, as such, receives revenue from the Texas Education Agency and related state and federal agencies as entitlements and/or grants.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by senior management prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each year, the auditor sends to each Board member a form that is to be signed and returned.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Salary for and performance of the superintendent are evaluated by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board approves the salary scale for these employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, policies and financial statements are available in the School office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,843,399
Liabilities
$1,911,850
Net assets
$1,931,549
Revenue
$5,909,143
Expenses
$6,255,625
Net income
-$346,482
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.26$2.67$1.59$7.62$7.88$0.25
2023Detailed filing. Detailed filing data is available for this year.$4.83$2.99$1.84$7.97$8.24$0.27
2022Detailed filing. Detailed filing data is available for this year.$3.80$1.69$2.11$7.60$7.66$0.06
2021Detailed filing. Detailed filing data is available for this year.$3.97$1.80$2.17$6.50$6.30$0.20
2020Detailed filing. Detailed filing data is available for this year.$3.84$1.91$1.93$5.91$6.26$0.35
2019Summary only. Only limited summary data is available for this year.$4.11$1.83$2.28$5.94$5.85$0.08
2018Summary only. Only limited summary data is available for this year.$4.21$2.02$2.19$5.37$5.32$0.05
2017Summary only. Only limited summary data is available for this year.$4.16$2.02$2.14$4.61$4.83$0.22
2016Summary only. Only limited summary data is available for this year.$4.40$2.04$2.36$4.02$3.90$0.13
2015Summary only. Only limited summary data is available for this year.$3.13$0.90$2.23$3.77$3.32$0.44
2014Summary only. Only limited summary data is available for this year.$3.16$1.37$1.79$3.48$3.09$0.39
2013Summary only. Only limited summary data is available for this year.$2.67$1.27$1.40$2.98$2.70$0.28
2012Summary only. Only limited summary data is available for this year.$2.54$1.42$1.12$2.44$2.21$0.22
2011Summary only. Only limited summary data is available for this year.$2.60$1.55$1.04$2.12$1.96$0.16