Civic Intelligence

Lead Charter Schools

990 • Fiscal year 2019 • EIN 74-3027316

Jul 01, 2018 to Jun 30, 2019 • Filed on May 14, 2020

Organization Profilewww.leadingedgeacademy.com
633 E Ray Rd Suite 132Gilbert, AZ 85296

(480) 633-0414

Siviq Scores

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

Liabilities / Assets

85th percentile

0.76x

Higher debt load relative to assets than 85% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

1.06x

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

17th percentile

-9.9%

Higher net margin than 17% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

48th percentile

$169,453

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

8th percentile

-10%

Faster asset growth than 8% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

21st percentile

-8.9%

Faster revenue growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$10,697,233

Down $1,190,390 (-10%) from 2018

Net Assets

Down

$2,519,949

Down $756,800 (-23%) from 2018

Liabilities

Down

$8,177,284

Down $433,590 (-5.0%) from 2018

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin17th percentile

Revenue

Down

$7,682,054

Down $751,978 (-8.9%) from 2018

Expenses

Down

$8,438,854

Down $661,275 (-7.3%) from 2018

Net Income

Down

-$756,800

Down $90,703 (-14%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$15M$10M$5.0M$0Assets 2010: $2,364,220Liabilities 2010: $37,601Net Assets 2010: $2,326,6192010Assets 2011: $3,885,474Liabilities 2011: $1,092,364Net Assets 2011: $2,793,1102011Assets 2012: $4,342,299Liabilities 2012: $1,038,962Net Assets 2012: $3,303,3372012Assets 2013: $4,292,876Liabilities 2013: $1,038,717Net Assets 2013: $3,254,1592013Assets 2014: $12,860,087Liabilities 2014: $8,818,607Net Assets 2014: $4,041,4802014Assets 2015: $12,830,234Liabilities 2015: $9,048,765Net Assets 2015: $3,781,4692015Assets 2016: $13,011,940Liabilities 2016: $8,742,287Net Assets 2016: $4,269,6532016Assets 2017: $12,761,626Liabilities 2017: $8,818,780Net Assets 2017: $3,942,8462017Assets 2018: $11,887,623Liabilities 2018: $8,610,874Net Assets 2018: $3,276,7492018Assets 2019: $10,697,233Liabilities 2019: $8,177,284Net Assets 2019: $2,519,9492019Assets 2020: $10,978,576Liabilities 2020: $8,638,433Net Assets 2020: $2,340,1432020Assets 2021: $10,931,788Liabilities 2021: $8,703,558Net Assets 2021: $2,228,2302021Assets 2022: $11,750,697Liabilities 2022: $8,165,675Net Assets 2022: $3,585,0222022Assets 2023: $11,377,931Liabilities 2023: $7,880,069Net Assets 2023: $3,497,8622023Assets 2024: $10,476,281Liabilities 2024: $7,427,714Net Assets 2024: $3,048,5672024

Highlighted filing

2019

Assets$10,697,233
Liabilities$8,177,284
Net Assets$2,519,949
Open 2019 Filing

Operations Trend

Revenue Growth21st percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,246,8472010Expenses 2011: $4,609,2742011Expenses 2012: $6,485,9182012Expenses 2013: $6,444,7652013Revenue 2014: $7,048,545Expenses 2014: $6,261,224Net Income 2014: $787,3212014Revenue 2015: $6,691,985Expenses 2015: $6,951,996Net Income 2015: -$260,0112015Revenue 2016: $8,049,730Expenses 2016: $7,561,546Net Income 2016: $488,1842016Revenue 2017: $8,228,874Expenses 2017: $8,555,681Net Income 2017: -$326,8072017Revenue 2018: $8,434,032Expenses 2018: $9,100,129Net Income 2018: -$666,0972018Revenue 2019: $7,682,054Expenses 2019: $8,438,854Net Income 2019: -$756,8002019Revenue 2020: $6,992,694Expenses 2020: $7,172,500Net Income 2020: -$179,8062020Revenue 2021: $8,469,322Expenses 2021: $8,581,235Net Income 2021: -$111,9132021Revenue 2022: $11,700,246Expenses 2022: $10,343,454Net Income 2022: $1,356,7922022Revenue 2023: $12,999,282Expenses 2023: $13,086,442Net Income 2023: -$87,1602023Revenue 2024: $11,731,326Expenses 2024: $12,180,621Net Income 2024: -$449,2952024

Highlighted filing

2019

Revenue$7,682,054
Expenses$8,438,854
Net Income-$756,800
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 14, 2020
Return Version
2018v3.1
Gross Receipts
$7,975,960
Mission and Program Overview

Mission

The School provides K-12 educational services to students in Arizona as a public charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,777,685$6,263,083▼ $1,514,602
Cash and Non-Interest-Bearing Accounts$639,778$2,325,382▲ $1,685,604
Intangible Assets$442,644--
Accounts Receivable-$201,659-
Pledges and Grants Receivable$98,041$146,929▲ $48,888
Savings and Temporary Cash Investments$973,444$139,769▼ $833,675
Prepaid Expenses and Deferred Charges$5,509$25,714▲ $20,205
Total Assets$11,887,623$10,697,233▼ $1,190,390
Other Assets Total$1,950,522$1,594,697▼ $355,825
Liabilities
Tax Exempt Bond Liabilities$8,200,000$7,654,308▼ $545,692
Accounts Payable and Accrued Expenses$410,874$522,976▲ $112,102
Total Liabilities$8,610,874$8,177,284▼ $433,590
Net Assets / Fund Balance
Unrestricted Net Assets$2,548,749$1,737,765▼ $810,984
Temporarily Rstr Net Assets$728,000$782,184▲ $54,184
Total Net Assets Fund Balance$3,276,749$2,519,949▼ $756,800
Total Liabilities and Net Assets / Fund Balance$11,887,623$10,697,233▼ $1,190,390

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,120,612$1,650,752$6,771,364
Land$939,668-$939,668
Equipment$111,058$175,999$287,057
Leasehold Improvements$71,845$38,863$110,708
Other Land Buildings$19,900-$19,900
Other Assets Org$1,594,697--
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Becki KruegerCFOPT-$111,833$111,833
Lori AndersonCOOPT-$110,167$110,167
Vicky SchildgenDirectorFT$35,208-$35,208

Board Members and Trustees

NameTitle
Daniel SleezerDirector
Jeremiah WomackDirector
Rick HowardDirector
Delmer GeeseyCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$1,140,402
Program Service Revenue
$6,447,533
Investment Income
$-291,583
Other Revenue
$385,702
All Other Contributions
$32,442
Change in Net Assets
$-756,800

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,682,054
Revenue Not Reported on Form 990
$293,906
Total Revenue per Audited Statements
$7,975,960
Total Revenue per Form 990
$7,682,054
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,154,500
Other Expenses$4,059,854
Grants and Similar Amounts Paid$224,500
Total Fundraising Expense$69,325
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,206,168$521,863-$3,728,031
Fees for Services Management-$724,631-$724,631
Interest$556,044$90,506-$646,550
Fees for Services Other$401,949$92,019$9,346$503,314
Depreciation Depletion$352,467$57,371-$409,838
Occupancy$289,017$47,043-$336,060
All Other Expenses$179,604$142,181-$321,785
Payroll Taxes$245,272$39,923-$285,195
Grants to Domestic Orgs$224,500--$224,500
Other Employee Benefits$91,104$19,776-$110,880
Other Expenses$107,905$33,601$59,979$107,905
Travel$90,854$7,772-$98,626
Fees for Services Legal-$96,330-$96,330
Advertising-$43,642-$43,642
Pension Plan Contributions$30,394--$30,394
Fees for Services Accounting-$13,200-$13,200
Total Functional Expenses$6,300,783$2,068,746$69,325$8,438,854

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,732,760
Expenses per Audited Statements$8,438,854
Total Expenses per Form 990$8,438,854
Expenses Not Reported on Form 990$293,906
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Leading Edge Academy Queen CreekGilbert, AZ501c3To support new corporation$100,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various-$-83,328-$-83,328
Total Events-$-83,328-$-83,328
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
Micah GarciaFamily rel of directorSalary paidNo$40,338
Caleb BodyChild of directorSalary paidNo$26,865
Kari SleezerChild of directorSalary paidNo$22,153
Connie GeeseyFamily of directorSalary paidNo$18,214
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
CInd Dev Auth of County of Pi2014-03-21$4,990,000Facilities purchase
BInd Dev Auth of County of Pi2014-03-21$2,360,000Facilities purchase
AInd Dev Auth of County of Pi2014-03-21$1,170,000Facilities purchase

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----
B----
C----

Bond Financing Compliance

Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
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 family members
Yes
Business relationship with organization members
No
Material changes to governing documents
Yes
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
Yes

Governance Explanations

Management duties delegation Part VI line 3

“Arizona Charter Solutions (an Arizona nonprofit 501(c)(3) corporation) performs the management duties for the Organization. ACS is responsible for the day to day operations of the School, subject to the ongoing oversight of the members of the Schools board of directors.”

Organizational document changes Part VI line 4

“Effective August 15, 2018, Arizona Charter Solutions, Inc. ceased being the sole member of the School, and control of organizational governance returned to the Schools governing board of directors. The Schools bylaws were changed accordingly.”

Form 990 governing body review Part VI line 11

“The Form 990 is distributed to all board members prior to filing the return. The management of the School and members of the board of directors review the 990 and authorize its filing.”

Conflict of interest policy compliance Part VI line 12C

“Any conflicts are disclosed prior to voting on an agenda item with conflicted members abstaining from voting. Board members and other key employees are instructed annually on the conflict of interest policy and are required to submit a signed conflict disclosure form annually. Any disclosures are reviewed by the board on an annual basis.”

CEO executive director top management comp Part VI line 15A

“Salaries for top management are set by the board of directors of the management company during a duly called board meeting of said company as described in the bylaws. Prior obtained comparability data are reviewed and used by the board members. The Organizations legal counsel reviews all compensation agreements between the Organization and members of management. Only disinterested board members review and approve the compensation. The person is available to answer questions but leaves the room for the discussion and vote. Compensation is set and reviewed on an annual basis in writing. The discussion and decision are recorded in the minutes.”

Other officer or key employee compensation Part VI line 15B

“All other employees of the School receive salaries based on comparability data and a schedule approved by the board of directors of the School.”

Governing documents etc available to public Part VI line 19

“Governing documents, policies, and financial statements may be reviewed by the public at the Leading Edge Academy network office during normal business hours.”

Filing and Contact Details

Filer

Filer Name
LEAD Charter Schools
EIN
74-3027316
Address
633 E Ray Rd Suite 132, Gilbert, AZ 85296

Signing Officer

Name
Becki Krueger
Title
CFO
Phone
4806330414
Signed
2020-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Delmer Geesey
Formed
2002
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
3
Employees
168
Volunteers
75

Preparer

Firm
Rob Paull CPA PC
Address
11811 N Tatum Blvd Ste 3031, Phoenix, AZ 85028-1621
Preparer
Rob Paull
Phone
4803858357
Raw XML AppendixShowing 400 of 622 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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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt078459
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt047043
IRS990/OccupancyGrp/ProgramServicesAmt0289017
IRS990/OccupancyGrp/TotalAmt0336060
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01950522
IRS990/OtherAssetsTotalGrp/EOYAmt01594697
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019776
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt091104
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0110880
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Equipment rental and repair
IRS990/OtherExpensesGrp/Desc2Food service
IRS990/OtherExpensesGrp/FundraisingAmt059979
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0138888
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt133601
IRS990/OtherExpensesGrp/ProgramServicesAmt0319074
IRS990/OtherExpensesGrp/ProgramServicesAmt1206431
IRS990/OtherExpensesGrp/ProgramServicesAmt2107905
IRS990/OtherExpensesGrp/TotalAmt0517941
IRS990/OtherExpensesGrp/TotalAmt1240032
IRS990/OtherExpensesGrp/TotalAmt2107905
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/BusinessCd1611600
IRS990/OtherRevenueMiscGrp/BusinessCd2611600
IRS990/OtherRevenueMiscGrp/Desc0Student activities
IRS990/OtherRevenueMiscGrp/Desc1Food service
IRS990/OtherRevenueMiscGrp/Desc2Other revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0107828
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt131872
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2167543
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0107828
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt131872
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2167543
IRS990/OtherRevenueTotalAmt0307243
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0521863
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03206168
IRS990/OtherSalariesAndWagesGrp/TotalAmt03728031
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt039923
IRS990/PayrollTaxesGrp/ProgramServicesAmt0245272
IRS990/PayrollTaxesGrp/TotalAmt0285195
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt030394
IRS990/PensionPlanContributionsGrp/TotalAmt030394
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt098041
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0146929
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05509
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025714
IRS990/PrincipalOfficerNm0Delmer Geesey
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0State equalization
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06447533
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06447533
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01287811
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03482
IRS990/PYOtherExpensesAmt04414864
IRS990/PYOtherRevenueAmt0346961
IRS990/PYProgramServiceRevenueAmt06795778
IRS990/PYRevenuesLessExpensesAmt0-666097
IRS990/PYSalariesCompEmpBnftPaidAmt04685265
IRS990/PYTotalExpensesAmt09100129
IRS990/PYTotalRevenueAmt08434032
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-756800
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt078459
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07975960
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0973444
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0139769
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt05120612
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01650752
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06771364
IRS990ScheduleD/EquipmentGrp/BookValueAmt0111058
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0175999
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0287057
IRS990ScheduleD/ExpensesNotReportedAmt0293906
IRS990ScheduleD/ExpensesSubtotalAmt08438854
IRS990ScheduleD/LandGrp/BookValueAmt0939668
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0939668
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt071845
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt038863
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0110708
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01594697
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Bond reserves
IRS990ScheduleD/OtherExpensesIncludedAmt0293906
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt019900
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt019900
IRS990ScheduleD/OtherRevenueAmt0293906
IRS990ScheduleD/RevenueNotReportedAmt0293906
IRS990ScheduleD/RevenueSubtotalAmt07682054
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06263083
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01594697
IRS990ScheduleD/TotalExpensesPerForm990Amt08438854
IRS990ScheduleD/TotalRevenuePerForm990Amt07682054
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07975960
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08732760
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/ExplanationTxt0The organization receives the majority of its operating revenue through state equalization assistance. Other passthrough assistance is provided through the state department of education with federal and state funds.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Racial nondiscriminatory policies are published regularly through print media and through admissions applications.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Governmental Agency Financial Aid (Questions 6a and 6b)
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of nondiscriminatory policy (Question 3)
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt083328
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt083328
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Various
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0-83328
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0-83328
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-83328
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0100000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt0124500
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0Property and equipment
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To support new corporation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Leading Edge Academy Queen Creek
IRS990ScheduleI/RecipientTable/RecipientEIN0831885613
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0633 E Ray Rd Suite 132
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Gilbert
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd085296
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Fair market value
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The School provided a one-time contribution of cash and property to Leading Edge Academy Queen Creek. There were no terms associated with the transfer, and thus no monitoring of the assistance is expected.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0155597
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt05870
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt07986
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Delmer Geesey
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0169453
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd2false

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,697,233
Liabilities
$8,177,284
Net assets
$2,519,949
Revenue
$7,682,054
Expenses
$8,438,854
Net income
-$756,800
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.5$7.43$3.05$11.7$12.2$0.45
2023Detailed filing. Detailed filing data is available for this year.$11.4$7.88$3.50$13.0$13.1$0.09
2022Detailed filing. Detailed filing data is available for this year.$11.8$8.17$3.59$11.7$10.3$1.36
2021Detailed filing. Detailed filing data is available for this year.$10.9$8.70$2.23$8.47$8.58$0.11
2020Detailed filing. Detailed filing data is available for this year.$11.0$8.64$2.34$6.99$7.17$0.18
2019Detailed filing. Detailed filing data is available for this year.$10.7$8.18$2.52$7.68$8.44$0.76
2018Detailed filing. Detailed filing data is available for this year.$11.9$8.61$3.28$8.43$9.10$0.67
2017Detailed filing. Detailed filing data is available for this year.$12.8$8.82$3.94$8.23$8.56$0.33
2016Detailed filing. Detailed filing data is available for this year.$13.0$8.74$4.27$8.05$7.56$0.49
2015Detailed filing. Detailed filing data is available for this year.$12.8$9.05$3.78$6.69$6.95$0.26
2014Detailed filing. Detailed filing data is available for this year.$12.9$8.82$4.04$7.05$6.26$0.79
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.29$1.04$3.25$6.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.34$1.04$3.30$6.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.89$1.09$2.79$4.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.36$0.04$2.33$4.25