Civic Intelligence

Ltts Charter School Inc DBA Universal Academy

990 • Fiscal year 2020 • EIN 75-2739703

Sep 01, 2019 to Aug 31, 2020 • Filed on Mar 19, 2021

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

1.03x

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

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

2.54x

Higher debt load relative to revenue than 88% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

20th percentile

-7.4%

Higher net margin than 20% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

54th percentile

$265,709

Higher top officer pay than 54% of similar nonprofits.

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

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

93rd percentile

59%

Faster asset growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

41st percentile

-0.3%

Faster revenue growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$47,883,318

Up $17,837,813 (+59%) from 2019

Net Assets

Down

-$1,328,044

Down $1,790,737 (-387%) from 2019

Liabilities

Up

$49,211,362

Up $19,628,550 (+66%) from 2019

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin20th percentile

Revenue

Down

$19,395,723

Down $56,515 (-0.3%) from 2019

Expenses

Up

$20,833,376

Up $1,468,232 (+7.6%) from 2019

Net Income

Down

-$1,437,653

Down $1,524,747 (-1751%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth93rd 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

2020

Assets$47,883,318
Liabilities$49,211,362
Net Assets-$1,328,044
Open 2020 Filing

Operations Trend

Revenue Growth41st 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

2020

Revenue$19,395,723
Expenses$20,833,376
Net Income-$1,437,653
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Mar 19, 2021
Return Version
2019v5.0
Gross Receipts
$19,395,723
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$22,623,695$32,805,591▲ $10,181,896
Cash and Non-Interest-Bearing Accounts$4,111,091$15,025,884▲ $10,914,793
Savings and Temporary Cash Investments$2,049,848--
Pledges and Grants Receivable$1,210,398--
Prepaid Expenses and Deferred Charges$50,473$51,843▲ $1,370
Total Assets$30,045,505$47,883,318▲ $17,837,813
Liabilities
Tax Exempt Bond Liabilities$27,103,678$44,317,574▲ $17,213,896
Other Liabilities$1,917,800$2,706,582▲ $788,782
Mortgage Notes Payable Secured by Investment Property$224,223$2,100,668▲ $1,876,445
Accounts Payable and Accrued Expenses$337,111$86,538▼ $250,573
Total Liabilities$29,582,812$49,211,362▲ $19,628,550
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$462,693$-1,328,044▼ $1,790,737
Total Net Assets Fund Balance$462,693$-1,328,044▼ $1,790,737
Total Liabilities and Net Assets / Fund Balance$30,045,505$47,883,318▲ $17,837,813

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$21,899,284$3,141,208$25,040,492
Land$9,193,423-$9,193,423
Other Land Buildings$1,487,522$580,791$2,068,313
Equipment$225,362$1,340,058$1,565,420
Compensation and Service Providers
Top Officer Pay54th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Diane HarrisSuperintendeFT$265,709$265,709
Diane HarrisSuperintendent-$265,709$265,709
Dr Dana JobePresidentFT$206,594$206,594
Janice BlackmonDirector Admin SeFT$181,191$181,191
Janice BlackmonDirector Admin Services-$181,191$181,191

Board Members and Trustees

NameTitle
Andrea ButcherCFO
Diane MoshierMember
Dr Sharon GreggsMember
Sandra HallMember
Yolanda BrownMember

Highest Paid Contractors

ContractorServicesLocationCompensation
Mjc CleaningJanitorial7603 DENTCREST DR, SUITE 600, Dallas, TX 75254$277,037
Badillo BusTransportation8316 DETROIT, Houston, TX 77017$265,035
The Fuller Law GroupLegal Service2000 E LAMAR BLVD, Arlington, TX 76006$205,000
ParamountSpeech ServicesPO BOX 1952, Desoto, TX 75123$169,800
Mac AdvertisingIt/marketing4600 BRECKINRIDGE BLVD, Richardson, TX 75082$159,600
Revenue and Support

Revenue Composition

Contributions and Grants
$19,247,962
Program Service Revenue
$0
Investment Income
$147,761
Other Revenue
$0
All Other Contributions
$48,485
Change in Net Assets
$-1,437,653

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,395,723
Total Revenue per Audited Statements
$19,395,723
Total Revenue per Form 990
$19,395,723
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,028,447
Other Expenses$7,804,929
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,896,431$219,297-$11,115,728
Interest$2,442,423--$2,442,423
Fees for Services Other$1,300,438$557,850-$1,858,288
Depreciation Depletion$1,173,022$865-$1,173,887
Other Employee Benefits$1,023,557$70,641-$1,094,198
Current Officers, Directors, Trustees, and Key Employees-$653,494-$653,494
Occupancy$588,109$1,878-$589,987
Insurance$427,305$4,866-$432,171
Other Expenses$104,482$76,031-$180,513
Payroll Taxes$147,543$17,484-$165,027
All Other Expenses$73,504--$73,504
Travel$804$2,449-$3,253
Total Functional Expenses$19,214,099$1,619,277$0$20,833,376

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$20,833,376
Total Expenses per Audited Statements$20,833,376
Total Expenses per Form 990$20,833,376
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-
Diane HarrisCEOContributionNo-
Perkina Gross-dickersonSecretaryConsulting ServicesNo-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Payable$1,459,210
Accrued Wages Payable$518,789
Deferred Revenue$514,220
Accrued Liabilities$214,363

Bond Issues

BondIssuerIssuedIssue PricePurpose
A2014a Bonds2014-03-27$27,484,581CONSTRUCTION
B2019a Bonds2019-12-01$17,875,000CONSTRUCTION

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$15,000,000--$358,340
B----

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 35% controlled entity
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
Andrea Butcher
Title
CFO
Phone
9722551800
Signed
2021-03-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diane Harris
Formed
1998
Voting Board Members
7
Independent Board Members
4
Employees
224
Volunteers
20

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 XI, Line 9

“Loss on termination of occupancy lease -353,084”

Raw XML AppendixShowing 400 of 559 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/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04866
IRS990/InsuranceGrp/ProgramServicesAmt0427305
IRS990/InsuranceGrp/TotalAmt0432171
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IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt032805591
IRS990/LandBldgEquipCostOrOtherBssAmt037867648
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
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02100668
IRS990/NetAssetsOrFundBalancesBOYAmt0462693
IRS990/NetAssetsOrFundBalancesEOYAmt0-1328044
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0462693
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1328044
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01878
IRS990/OccupancyGrp/ProgramServicesAmt0588109
IRS990/OccupancyGrp/TotalAmt0589987
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-353084
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt070641
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01023557
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01094198
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014422
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt176031
IRS990/OtherExpensesGrp/ProgramServicesAmt0483226
IRS990/OtherExpensesGrp/ProgramServicesAmt1294944
IRS990/OtherExpensesGrp/ProgramServicesAmt2258311
IRS990/OtherExpensesGrp/ProgramServicesAmt3104482
IRS990/OtherExpensesGrp/TotalAmt0497648
IRS990/OtherExpensesGrp/TotalAmt1294944
IRS990/OtherExpensesGrp/TotalAmt2258311
IRS990/OtherExpensesGrp/TotalAmt3180513
IRS990/OtherLiabilitiesGrp/BOYAmt01917800
IRS990/OtherLiabilitiesGrp/EOYAmt02706582
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0219297
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010896431
IRS990/OtherSalariesAndWagesGrp/TotalAmt011115728
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017484
IRS990/PayrollTaxesGrp/ProgramServicesAmt0147543
IRS990/PayrollTaxesGrp/TotalAmt0165027
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01210398
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt050473
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt051843
IRS990/PrincipalOfficerNm0DIANE HARRIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt019193608
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0127931
IRS990/PYOtherExpensesAmt07569514
IRS990/PYProgramServiceRevenueAmt0130699
IRS990/PYRevenuesLessExpensesAmt087094
IRS990/PYSalariesCompEmpBnftPaidAmt011795630
IRS990/PYTotalExpensesAmt019365144
IRS990/PYTotalRevenueAmt019452238
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1437653
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02049848
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/BookValueAmt021899284
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03141208
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt025040492
IRS990ScheduleD/EquipmentGrp/BookValueAmt0225362
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01340058
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01565420
IRS990ScheduleD/ExpensesSubtotalAmt020833376
IRS990ScheduleD/LandGrp/BookValueAmt09193423
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt09193423
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01487522
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0580791
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02068313
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01459210
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1518789
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2514220
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3214363
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED WAGES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED LIABILITIES
IRS990ScheduleD/RevenueSubtotalAmt019395723
IRS990ScheduleD/TotalBookValueLandBuildingsAmt032805591
IRS990ScheduleD/TotalExpensesPerForm990Amt020833376
IRS990ScheduleD/TotalLiabilityAmt02706582
IRS990ScheduleD/TotalRevenuePerForm990Amt019395723
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt019395723
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt020833376
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/BaseCompensationFilingOrgAmt0265709
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1206594
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2181191
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/TotalCompensationFilingOrgAmt0265709
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1206594
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2181191
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd1false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt02014A BONDS CONSTRUCTION
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt12019A BONDS CONSTRUCTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02014-03-27
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12019-12-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0273906171

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$47,883,318
Liabilities
$49,211,362
Net assets
-$1,328,044
Revenue
$19,395,723
Expenses
$20,833,376
Net income
-$1,437,653
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