Civic Intelligence

Ltts Charter School Inc DBA Universal Academy

990 • Fiscal year 2019 • EIN 75-2739703

Sep 01, 2018 to Aug 31, 2019 • Filed on Mar 03, 2020

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

92nd percentile

0.98x

Higher debt load relative to assets than 92% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

83rd percentile

1.52x

Higher debt load relative to revenue than 83% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

38th percentile

0.4%

Higher net margin than 38% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

54th percentile

$265,000

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

7th percentile

-8.5%

Faster asset growth than 7% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

27th percentile

-4.2%

Faster revenue growth than 27% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$30,045,505

Down $2,773,233 (-8.5%) from 2018

Net Assets

Up

$462,693

Up $87,094 (+23%) from 2018

Liabilities

Down

$29,582,812

Down $2,860,327 (-8.8%) from 2018

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin38th percentile

Revenue

Down

$19,452,238

Down $855,407 (-4.2%) from 2018

Expenses

Down

$19,365,144

Down $56,026 (-0.3%) from 2018

Net Income

Down

$87,094

Down $799,381 (-90%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth7th 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

2019

Assets$30,045,505
Liabilities$29,582,812
Net Assets$462,693
Open 2019 Filing

Operations Trend

Revenue Growth27th 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

2019

Revenue$19,452,238
Expenses$19,365,144
Net Income$87,094
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Mar 3, 2020
Return Version
2018v3.2
Gross Receipts
$19,452,238
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$23,384,098$22,623,695▼ $760,403
Cash and Non-Interest-Bearing Accounts$6,824,524$4,111,091▼ $2,713,433
Savings and Temporary Cash Investments-$2,049,848-
Other Notes and Loans Receivable, Net$1,300,000--
Pledges and Grants Receivable$1,258,742$1,210,398▼ $48,344
Prepaid Expenses and Deferred Charges$51,374$50,473▼ $901
Total Assets$32,818,738$30,045,505▼ $2,773,233
Liabilities
Tax Exempt Bond Liabilities$27,073,012$27,103,678▲ $30,666
Other Liabilities$1,822,639$1,917,800▲ $95,161
Accounts Payable and Accrued Expenses$337,102$337,111▲ $9
Mortgage Notes Payable Secured by Investment Property$3,210,386$224,223▼ $2,986,163
Total Liabilities$32,443,139$29,582,812▼ $2,860,327
Net Assets / Fund Balance
Unrestricted Net Assets$375,599$462,693▲ $87,094
Total Net Assets Fund Balance$375,599$462,693▲ $87,094
Total Liabilities and Net Assets / Fund Balance$32,818,738$30,045,505▼ $2,773,233

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,791,900$2,714,973$18,506,873
Land$5,813,423-$5,813,423
Equipment$354,630$1,210,790$1,565,420
Other Land Buildings$663,742$497,921$1,161,663
Compensation and Service Providers
Top Officer Pay54th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Diane HarrisSuperintendeFT$265,000$265,000
Diane HarrisSuperintendent-$265,000$265,000
Dr Dana JobePresidentFT$157,500$157,500
Janice BlackmonDirector Admin SeFT$152,000$152,000
Janice BlackmonDirector Admin Services-$152,000$152,000
Perkina Gross-dickersonSecretaryFT$84,704$84,704

Board Members and Trustees

NameTitle
Diane MoshierMember
Dr Sharon GreggsMember
Sandra HallMember
Yolanda BrownMember

Highest Paid Contractors

ContractorServicesLocationCompensation
Preferred MealsTransportation8316 DETROIT, SUITE 600, Houston, TX 77017$460,560
Mjc CleaningFoodPO BOX 74008679, Chicago, IL 60674$254,934
Mac AdvertisingJanitorial7603 DENTCREST DR, Dallas, TX 75254$211,683
-Legal Service2000 E LAMAR BLVD, Arlington, TX 76006$161,113
-It/marketing4600 BRECKINRIDGE BLVD, Richardson, TX 75082$146,300
Revenue and Support

Revenue Composition

Contributions and Grants
$19,193,608
Program Service Revenue
$130,699
Investment Income
$127,931
Other Revenue
$0
All Other Contributions
$700,000
Change in Net Assets
$87,094

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,452,238
Total Revenue per Audited Statements
$19,452,238
Total Revenue per Form 990
$19,452,238
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,795,630
Other Expenses$7,569,514
Total Fundraising Expense$87,799
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,144,213$120,760-$10,264,973
Interest$1,987,310--$1,987,310
Fees for Services Other$1,606,270$119,299$87,799$1,813,368
Depreciation Depletion$897,210$1,551-$898,761
Other Employee Benefits$628,269$40,406-$668,675
Current Officers, Directors, Trustees, and Key Employees-$659,204-$659,204
Payroll Taxes$189,143$13,635-$202,778
Insurance$195,437--$195,437
Fees for Services Legal-$185,000-$185,000
Other Expenses$152,190$7,874-$152,190
All Other Expenses$70,601$25,686-$96,287
Travel$82,333$3,213-$85,546
Fees for Services Accounting-$48,121-$48,121
Total Functional Expenses$18,049,339$1,228,006$87,799$19,365,144

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$19,365,144
Total Expenses per Audited Statements$19,365,144
Total Expenses per Form 990$19,365,144
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
Diane HarrisCEOProperty LeaseNo$752,251
Diane HarrisCEOContributionNo$700,000
Perkina Gross-dickersonSecretaryConsulting ServicesNo$98,500
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Payable$974,166
Accrued Wages Payable$836,614
Accrued Liabilities$107,020

Bond Issues

BondIssuerIssuedIssue PricePurpose
A2014a Bonds2014-03-27$27,484,581CONSTRUCTION

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$27,484,581---

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
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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

“Janice blackmon diane harris admin direct ceo sisters”

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
Superintendent
Phone
9722551800
Signed
2020-03-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diane Harris
Formed
1998
Voting Board Members
7
Independent Board Members
4
Employees
282
Volunteers
35

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.”

Raw XML AppendixShowing 400 of 533 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0337102
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0337111
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO 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/AllOtherContributionsAmt0700000
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt025686
IRS990/AllOtherExpensesGrp/ProgramServicesAmt070601
IRS990/AllOtherExpensesGrp/TotalAmt096287
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JANICE BLACKMON
IRS990/BooksInCareOfDetail/PhoneNum09722551800
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02616 N MACARTHUR BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0IRVING
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd075062
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt06824524
IRS990/CashNonInterestBearingGrp/EOYAmt04111091
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0659204
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0659204
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0460560
IRS990/ContractorCompensationGrp/CompensationAmt1254934
IRS990/ContractorCompensationGrp/CompensationAmt2211683
IRS990/ContractorCompensationGrp/CompensationAmt3161113
IRS990/ContractorCompensationGrp/CompensationAmt4146300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt08316 DETROIT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 74008679
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt27603 DENTCREST DR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt32000 E LAMAR BLVD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt44600 BRECKINRIDGE BLVD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt0SUITE 600
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0HOUSTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2DALLAS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3ARLINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4RICHARDSON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd077017
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd160674
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd275254
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd376006
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd475082
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0PREFERRED MEALS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1MJC CLEANING
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0BADILLO
IRS990/ContractorCompensationGrp/ContractorName/PersonNm1THE FULLER LAW GROUP
IRS990/ContractorCompensationGrp/ContractorName/PersonNm2MAC ADVERTISING
IRS990/ContractorCompensationGrp/ServicesDesc0TRANSPORTATION
IRS990/ContractorCompensationGrp/ServicesDesc1FOOD
IRS990/ContractorCompensationGrp/ServicesDesc2JANITORIAL
IRS990/ContractorCompensationGrp/ServicesDesc3LEGAL SERVICE
IRS990/ContractorCompensationGrp/ServicesDesc4IT/MARKETING
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt019193608
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0127931
IRS990/CYOtherExpensesAmt07569514
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0130699
IRS990/CYRevenuesLessExpensesAmt087094
IRS990/CYSalariesCompEmpBnftPaidAmt011795630
IRS990/CYTotalExpensesAmt019365144
IRS990/CYTotalFundraisingExpenseAmt087799
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt019452238
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01551
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0897210
IRS990/DepreciationDepletionGrp/TotalAmt0898761
IRS990/Desc0PROVIDE EDUCATIONAL SERVICES FOR STUDENTS FROM PRE-KINDERGARTEN THROUGH TWELFTH GRADE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0282
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt018049339
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt048121
IRS990/FeesForServicesAccountingGrp/TotalAmt048121
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0185000
IRS990/FeesForServicesLegalGrp/TotalAmt0185000
IRS990/FeesForServicesOtherGrp/FundraisingAmt087799
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0119299
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01606270
IRS990/FeesForServicesOtherGrp/TotalAmt01813368
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0DIANE HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm1DR DANA JOBE
IRS990/Form990PartVIISectionAGrp/PersonNm2JANICE BLACKMON
IRS990/Form990PartVIISectionAGrp/PersonNm3PERKINA GROSS-DICKERSON
IRS990/Form990PartVIISectionAGrp/PersonNm4YOLANDA BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm5DR SHARON GREGGS
IRS990/Form990PartVIISectionAGrp/PersonNm6SANDRA HALL
IRS990/Form990PartVIISectionAGrp/PersonNm7DIANE MOSHIER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0265000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1157500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2152000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt384704
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0SUPERINTENDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIR ADMIN SE
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt018493608
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt019452238
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0195437
IRS990/InsuranceGrp/TotalAmt0195437
IRS990/InterestGrp/ProgramServicesAmt01987310
IRS990/InterestGrp/TotalAmt01987310
IRS990/InvestmentIncomeGrp/ExclusionAmt0127931
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0127931
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt066
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04423684
IRS990/LandBldgEquipBasisNetGrp/BOYAmt023384098
IRS990/LandBldgEquipBasisNetGrp/EOYAmt022623695
IRS990/LandBldgEquipCostOrOtherBssAmt027047379
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/MortgNotesPyblScrdInvstPropGrp/BOYAmt03210386
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0224223
IRS990/NetAssetsOrFundBalancesBOYAmt0375599
IRS990/NetAssetsOrFundBalancesEOYAmt0462693
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt040406
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0628269
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0668675
IRS990/OtherExpensesGrp/Desc0EQUIPMENT LEASE
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03257
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17874
IRS990/OtherExpensesGrp/ProgramServicesAmt0939428
IRS990/OtherExpensesGrp/ProgramServicesAmt1749655
IRS990/OtherExpensesGrp/ProgramServicesAmt2407280
IRS990/OtherExpensesGrp/ProgramServicesAmt3152190
IRS990/OtherExpensesGrp/TotalAmt0942685
IRS990/OtherExpensesGrp/TotalAmt1757529
IRS990/OtherExpensesGrp/TotalAmt2407280
IRS990/OtherExpensesGrp/TotalAmt3152190
IRS990/OtherLiabilitiesGrp/BOYAmt01822639
IRS990/OtherLiabilitiesGrp/EOYAmt01917800
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0120760
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010144213
IRS990/OtherSalariesAndWagesGrp/TotalAmt010264973
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01300000
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013635
IRS990/PayrollTaxesGrp/ProgramServicesAmt0189143
IRS990/PayrollTaxesGrp/TotalAmt0202778
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01258742
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01210398
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt051374
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt050473
IRS990/PrincipalOfficerNm0DIANE HARRIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ACTIVITY INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0130699
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0130699
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt019532290
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt074130
IRS990/PYOtherExpensesAmt08015353
IRS990/PYProgramServiceRevenueAmt0701225
IRS990/PYRevenuesLessExpensesAmt0886475
IRS990/PYSalariesCompEmpBnftPaidAmt011405817
IRS990/PYTotalExpensesAmt019421170
IRS990/PYTotalRevenueAmt020307645
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt087094
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02049848
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt015791900
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02714973
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018506873
IRS990ScheduleD/EquipmentGrp/BookValueAmt0354630
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01210790
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01565420
IRS990ScheduleD/ExpensesSubtotalAmt019365144
IRS990ScheduleD/LandGrp/BookValueAmt05813423
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05813423
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0663742
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0497921
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01161663
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0974166
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1836614
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2107020
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED WAGES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED LIABILITIES
IRS990ScheduleD/RevenueSubtotalAmt019452238
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022623695
IRS990ScheduleD/TotalExpensesPerForm990Amt019365144
IRS990ScheduleD/TotalLiabilityAmt01917800
IRS990ScheduleD/TotalRevenuePerForm990Amt019452238
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt019452238
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt019365144
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/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0265000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1157500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2152000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DIANE HARRIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DR DANA JOBE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2JANICE BLACKMON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SUPERINTENDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2DIR ADMIN SERVICES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0265000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1157500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2152000
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
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/CUSIPNum0O41806AN0
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt027484581
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt02014A BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine2Txt0WILLINGTON TRUST NA
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0CONSTRUCTION
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$30,045,505
Liabilities
$29,582,812
Net assets
$462,693
Revenue
$19,452,238
Expenses
$19,365,144
Net income
$87,094
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