Civic Intelligence

Ltts Charter School Inc DBA Universal Academy

990 • Fiscal year 2015 • EIN 75-2739703

Sep 01, 2014 to Aug 31, 2015 • Filed on Mar 11, 2016

Organization ProfileWWW.UNIVERSALACADEMY.COM
2616 N Macarthur BlvdIrving, TX 75062

(972) 255-1800

Siviq Scores

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

Liabilities / Assets

94th percentile

1.01x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

87th percentile

2.03x

Higher debt load relative to revenue than 87% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

11th percentile

-13%

Higher net margin than 11% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

31st percentile

$179,129

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

12th percentile

-6.5%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

75th percentile

15%

Faster revenue growth than 75% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$30,874,195

Down $2,153,839 (-6.5%) from 2014

Net Assets

Down

-$340,228

Down $1,957,994 (-121%) from 2014

Liabilities

Down

$31,214,423

Down $195,845 (-0.6%) from 2014

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin11th percentile

Revenue

Up

$15,395,760

Up $2,045,251 (+15%) from 2014

Expenses

Up

$17,353,754

Up $3,612,588 (+26%) from 2014

Net Income

Down

-$1,957,994

Down $1,567,337 (-401%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$60M$40M$20M$0-$20MAssets 2011: $1,725,370Liabilities 2011: $352,557Net Assets 2011: $1,372,8132011Assets 2012: $2,329,332Liabilities 2012: $422,137Net Assets 2012: $1,907,1952012Assets 2013: $2,457,803Liabilities 2013: $449,380Net Assets 2013: $2,008,4232013Assets 2014: $33,028,034Liabilities 2014: $31,410,268Net Assets 2014: $1,617,7662014Assets 2015: $30,874,195Liabilities 2015: $31,214,423Net Assets 2015: -$340,2282015Assets 2016: $31,371,804Liabilities 2016: $31,784,271Net Assets 2016: -$412,4672016Assets 2017: $29,751,334Liabilities 2017: $30,262,210Net Assets 2017: -$510,8762017Assets 2018: $32,818,738Liabilities 2018: $32,443,139Net Assets 2018: $375,5992018Assets 2019: $30,045,505Liabilities 2019: $29,582,812Net Assets 2019: $462,6932019Assets 2020: $47,883,318Liabilities 2020: $49,211,362Net Assets 2020: -$1,328,0442020Assets 2021: $51,208,696Liabilities 2021: $47,847,040Net Assets 2021: $3,361,6562021Assets 2022: $48,279,369Liabilities 2022: $46,716,136Net Assets 2022: $1,563,2332022Assets 2023: $47,950,143Liabilities 2023: $45,980,192Net Assets 2023: $1,969,9512023Assets 2024: $46,469,393Liabilities 2024: $45,290,229Net Assets 2024: $1,179,1642024

Highlighted filing

2015

Assets$30,874,195
Liabilities$31,214,423
Net Assets-$340,228
Open 2015 Filing

Operations Trend

Revenue Growth75th percentile

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

$30M$20M$10M$0-$10MExpenses 2011: $13,062,8232011Expenses 2012: $11,668,4842012Revenue 2013: $11,809,425Expenses 2013: $11,708,197Net Income 2013: $101,2282013Revenue 2014: $13,350,509Expenses 2014: $13,741,166Net Income 2014: -$390,6572014Revenue 2015: $15,395,760Expenses 2015: $17,353,754Net Income 2015: -$1,957,9942015Revenue 2016: $17,286,693Expenses 2016: $17,358,932Net Income 2016: -$72,2392016Revenue 2017: $17,925,150Expenses 2017: $18,023,559Net Income 2017: -$98,4092017Revenue 2018: $20,307,645Expenses 2018: $19,421,170Net Income 2018: $886,4752018Revenue 2019: $19,452,238Expenses 2019: $19,365,144Net Income 2019: $87,0942019Revenue 2020: $19,395,723Expenses 2020: $20,833,376Net Income 2020: -$1,437,6532020Revenue 2021: $26,323,154Expenses 2021: $21,633,454Net Income 2021: $4,689,7002021Revenue 2022: $20,630,639Expenses 2022: $22,429,062Net Income 2022: -$1,798,4232022Revenue 2023: $21,566,813Expenses 2023: $21,160,095Net Income 2023: $406,7182023Revenue 2024: $21,965,816Expenses 2024: $22,756,603Net Income 2024: -$790,7872024

Highlighted filing

2015

Revenue$15,395,760
Expenses$17,353,754
Net Income-$1,957,994
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Mar 11, 2016
Return Version
2014v6.0
Gross Receipts
$15,395,760
Mission and Program Overview

Mission

To create a challenging and intellectually engaging curriculum within a safe, nuturing environment by providing varied learning opportunities that focus on the development of instructional excellence, leadership, and character building.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,581,782$24,690,706▲ $1,108,924
Cash and Non-Interest-Bearing Accounts$7,296,521$3,998,061▼ $3,298,460
Pledges and Grants Receivable$550,271$748,689▲ $198,418
Other Notes and Loans Receivable, Net$272,387$268,597▼ $3,790
Prepaid Expenses and Deferred Charges$108,260$68,765▼ $39,495
Total Assets$33,028,034$30,874,195▼ $2,153,839
Other Assets Total$1,218,813$1,099,377▼ $119,436
Liabilities
Tax Exempt Bond Liabilities$29,031,598$29,050,731▲ $19,133
Other Liabilities$2,194,773$1,500,115▼ $694,658
Accounts Payable and Accrued Expenses$183,897$663,577▲ $479,680
Total Liabilities$31,410,268$31,214,423▼ $195,845
Net Assets / Fund Balance
Unrestricted Net Assets$1,617,766$-340,228▼ $1,957,994
Total Net Assets Fund Balance$1,617,766$-340,228▼ $1,957,994
Total Liabilities and Net Assets / Fund Balance$33,028,034$30,874,195▼ $2,153,839

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$17,793,880$653,774$18,447,654
Land$5,699,392-$5,699,392
Equipment$1,182,743$745,755$1,928,498
Other Land Buildings$14,691$162,907$177,598
Compensation and Service Providers
Top Officer Pay31st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Diane HarrisCEOFT$179,129$179,129
Perkina Gross-dickersonSecretary-$107,975$107,975
Dana JobeAsst SuperinFT$86,325$86,325
Janice BlackmonDirectorFT$78,820$78,820
Michael MckeePresident-$68,400$68,400

Board Members and Trustees

NameTitle
James MorrisMember
Jon YoungMember
Sandra HallMember
Sharon GreggsMember
Yolanda BrownMember

Highest Paid Contractors

ContractorServicesLocationCompensation
Education Leads To SuccessRent2616 N MACARTHUR BLVD, SUITE 600, Irving, TX 75062$616,489
Karrington CompanyJanitorial & Ma1825 MARKET CENTER BLVD 425, Dallas, TX 75207$540,665
The Paper PlateFood Service4848 S COCKRELL HILL RD, Dallas, TX 75236$311,951
Houghton Mifflin HarcourtTextbooks9205 SOUTHPARK CENTER LOOP, Orlando, FL 32819$226,189
The Fuller Law GroupLegal Service2000 E LAMAR BLVD, Arlington, TX 76006$185,075
Revenue and Support

Revenue Composition

Contributions and Grants
$14,669,306
Program Service Revenue
$664,535
Investment Income
$61,919
Other Revenue
$0
Change in Net Assets
$-1,957,994

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,395,760
Total Revenue per Audited Statements
$15,395,760
Total Revenue per Form 990
$15,395,760
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,520,063
Other Expenses$7,833,691
Total Fundraising Expense$126,837
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,914,278$245,574$18,296$8,178,148
Fees for Services Other$1,516,682$444,051$106,146$2,066,879
Interest$2,061,608--$2,061,608
Occupancy$761,561$22,916-$784,477
Depreciation Depletion$668,158$7,619-$675,777
Other Employee Benefits$554,078$32,496$1,121$587,695
Current Officers, Directors, Trustees, and Key Employees-$520,649-$520,649
Other Expenses$237,138$16,292-$253,430
All Other Expenses$246,849--$246,849
Payroll Taxes$219,442$12,855$1,274$233,571
Insurance$55,266$4,527-$59,793
Travel$19,939$5,211-$25,150
Total Functional Expenses$15,864,765$1,362,152$126,837$17,353,754

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$17,353,754
Total Expenses per Audited Statements$17,353,754
Total Expenses per Form 990$17,353,754
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Payable$1,024,669
Accrued Wages Payable$475,446
Accrued Liabilities-
Payroll Taxes Payable-

Bond Issues

BondIssuerIssuedIssue PricePurpose
A2014b Bonds2014-03-27$1,540,843CONSTRUCTION

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 11B

“The members of the board review form 990 prior to filing”

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

“All members of the organization are required to disclose conflicts of interest as they arise. Relationships with third parties are reviewed annually.”

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

“The board of directors determine top management salaries prior to hiring and/or advertising for the position. All necessary research is performed to ensure that compensation is comparable and adequate.”

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

“The board of directors determine officers and key employees salaries prior to hiring and/or advertising for the position. All necessary research is performed to ensure that compensation is comparable and adequate.”

Form 990, Page 6, Part VI, Line 19

“Written request for information may be submitted to the principal address indicated on form 990.”

Filing and Contact Details

Filer

Filer Name
Ltts Charter School Inc
EIN
75-2739703
Phone
9722551800
Address
2616 N MACARTHUR BLVD, IRVING, TX 75062

Signing Officer

Name
Diane Harris
Title
CEO
Phone
9722551800
Signed
2016-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diane Harris
Formed
1998
Voting Board Members
10
Independent Board Members
5
Employees
246

Preparer

Firm
Gomez & Company
Address
5177 RICHMOND AVE STE 1100, HOUSTON, TX 77056-6748
Preparer
Benjamin P Gomez
Phone
7136665900
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To create a challenging and intellectually engaging curriculum within a safe, nuturing environment by providing varied learning opportunities that focus on the development of instructional excellence, leadership, and character building.”

Form 990, Part IX, Line 11G

“Professional fees 1,516,682 444,051 106,146”

Raw XML AppendixShowing 400 of 502 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/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt014669306
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt015395760
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04527
IRS990/InsuranceGrp/ProgramServicesAmt055266
IRS990/InsuranceGrp/TotalAmt059793
IRS990/InterestGrp/ProgramServicesAmt02061608
IRS990/InterestGrp/TotalAmt02061608
IRS990/InvestmentIncomeGrp/ExclusionAmt061919
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt061919
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt050
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01562436
IRS990/LandBldgEquipBasisNetGrp/BOYAmt023581782
IRS990/LandBldgEquipBasisNetGrp/EOYAmt024690706
IRS990/LandBldgEquipCostOrOtherBssAmt026253142
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO CREATE A CHALLENGING AND INTELLECTUALLY ENGAGING CURRICULUM WITHIN A SAFE, NUTURING ENVIRONMENT BY PROVIDING VARIED LEARNING OPPORTUNITIES THAT FOCUS ON THE DEVELOPMENT OF INSTRUCTIONAL EXCELLENCE, LEADERSHIP, AND CHARACTER BUILDING.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01617766
IRS990/NetAssetsOrFundBalancesEOYAmt0-340228
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt022916
IRS990/OccupancyGrp/ProgramServicesAmt0761561
IRS990/OccupancyGrp/TotalAmt0784477
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01218813
IRS990/OtherAssetsTotalGrp/EOYAmt01099377
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01121
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt032496
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0554078
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0587695
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt049962
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt116292
IRS990/OtherExpensesGrp/ProgramServicesAmt0635769
IRS990/OtherExpensesGrp/ProgramServicesAmt1597493
IRS990/OtherExpensesGrp/ProgramServicesAmt2376504
IRS990/OtherExpensesGrp/ProgramServicesAmt3237138
IRS990/OtherExpensesGrp/TotalAmt0685731
IRS990/OtherExpensesGrp/TotalAmt1597493
IRS990/OtherExpensesGrp/TotalAmt2376504
IRS990/OtherExpensesGrp/TotalAmt3253430
IRS990/OtherLiabilitiesGrp/BOYAmt02194773
IRS990/OtherLiabilitiesGrp/EOYAmt01500115
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt018296
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0245574
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07914278
IRS990/OtherSalariesAndWagesGrp/TotalAmt08178148
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0272387
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0268597
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01274
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012855
IRS990/PayrollTaxesGrp/ProgramServicesAmt0219442
IRS990/PayrollTaxesGrp/TotalAmt0233571
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0550271
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0748689
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0108260
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt068765
IRS990/PrincipalOfficerNm0DIANE HARRIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ACTIVITY INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0664535
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0664535
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012548552
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt048086
IRS990/PYOtherExpensesAmt05525370
IRS990/PYProgramServiceRevenueAmt0753871
IRS990/PYRevenuesLessExpensesAmt0-390657
IRS990/PYSalariesCompEmpBnftPaidAmt08215796
IRS990/PYTotalExpensesAmt013741166
IRS990/PYTotalRevenueAmt013350509
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1957994
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt017793880
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0653774
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018447654
IRS990ScheduleD/EquipmentGrp/BookValueAmt01182743
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0745755
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01928498
IRS990ScheduleD/ExpensesSubtotalAmt017353754
IRS990ScheduleD/LandGrp/BookValueAmt05699392
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05699392
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014691
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0162907
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0177598
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01024669
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1475446
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED WAGES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PAYROLL TAXES PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt015395760
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024690706
IRS990ScheduleD/TotalExpensesPerForm990Amt017353754
IRS990ScheduleD/TotalLiabilityAmt01500115
IRS990ScheduleD/TotalRevenuePerForm990Amt015395760
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015395760
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt017353754
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0LTTS CHARTER SCHOOL, INC. DOES NOT DISCRIMINATE IN ADMISSION BASED ON GENDER, NATIONAL ORIGIN, ETHNICITY,RELIGION,DISABILITY, ACADEMIC, ARTISTIC, OR ATHLETIC ABILITY, OR THE DISTRICT CHILD WOULD OTHERWISE ATTEND.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0179129
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DIANE HARRIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0179129
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02014-03-27
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0273906171
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0041806AND
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt01540843
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt02014B BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine2Txt0WILLMINGTON TRUST NA
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0CONSTRUCTION
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,874,195
Liabilities
$31,214,423
Net assets
-$340,228
Revenue
$15,395,760
Expenses
$17,353,754
Net income
-$1,957,994
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$46.5$45.3$1.18$22.0$22.8$0.79
2023Detailed filing. Detailed filing data is available for this year.$48.0$46.0$1.97$21.6$21.2$0.41
2022Detailed filing. Detailed filing data is available for this year.$48.3$46.7$1.56$20.6$22.4$1.80
2021Detailed filing. Detailed filing data is available for this year.$51.2$47.8$3.36$26.3$21.6$4.69
2020Detailed filing. Detailed filing data is available for this year.$47.9$49.2$1.33$19.4$20.8$1.44
2019Detailed filing. Detailed filing data is available for this year.$30.0$29.6$0.46$19.5$19.4$0.09
2018Detailed filing. Detailed filing data is available for this year.$32.8$32.4$0.38$20.3$19.4$0.89
2017Detailed filing. Detailed filing data is available for this year.$29.8$30.3$0.51$17.9$18.0$0.10
2016Detailed filing. Detailed filing data is available for this year.$31.4$31.8$0.41$17.3$17.4$0.07
2015Detailed filing. Detailed filing data is available for this year.$30.9$31.2$0.34$15.4$17.4$1.96
2014Detailed filing. Detailed filing data is available for this year.$33.0$31.4$1.62$13.4$13.7$0.39
2013Summary only. Only limited summary data is available for this year.$2.46$0.45$2.01$11.8$11.7$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$0.42$1.91$11.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.35$1.37$13.1