Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
60th percentile
Higher top officer pay than 60% of similar nonprofits.
Top officer pay equals 2.0% of source-year revenue.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
17th percentile
Faster revenue growth than 17% of similar nonprofits.
Assets
Down$9,978,436
Down $222,395 (-2.2%) from 2022
Net Assets
Down$4,943,381
Down $1,026,043 (-17%) from 2022
Liabilities
Up$5,035,055
Up $803,648 (+19%) from 2022
Revenue
Down$7,365,746
Down $1,790,448 (-20%) from 2022
Expenses
Down$8,391,789
Down $884,010 (-9.5%) from 2022
Net Income
Down-$1,026,043
Down $906,438 (-758%) from 2022
The mission of Nova Academy is to educate our students in a Multi-Cultural environment where parents and the community will serve as partners in achieving academic excellence for our students.
EDUCATING STUDENTS
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $2,822,448 | $4,194,304 | ▲ $1,371,856 |
| Land, Buildings, and Equipment, Net | $3,935,905 | $3,651,425 | ▼ $284,480 |
| Cash and Non-Interest-Bearing Accounts | $1,312,598 | $586,703 | ▼ $725,895 |
| Pledges and Grants Receivable | $2,121,014 | $457,892 | ▼ $1,663,122 |
| Accounts Receivable | $8,866 | $6,156 | ▼ $2,710 |
| Total Assets | $10,200,831 | $9,978,436 | ▼ $222,395 |
| Other Assets Total | $0 | $1,081,956 | ▲ $1,081,956 |
| Liabilities | |||
| Tax Exempt Bond Liabilities | $3,978,589 | $4,727,611 | ▲ $749,022 |
| Accounts Payable and Accrued Expenses | $252,818 | $207,421 | ▼ $45,397 |
| Other Liabilities | $0 | $100,023 | ▲ $100,023 |
| Total Liabilities | $4,231,407 | $5,035,055 | ▲ $803,648 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $4,051,168 | $2,973,692 | ▼ $1,077,476 |
| Net Assets Without Donor Restrictions | $1,918,256 | $1,969,689 | ▲ $51,433 |
| Total Net Assets Fund Balance | $5,969,424 | $4,943,381 | ▼ $1,026,043 |
| Total Liabilities and Net Assets / Fund Balance | $10,200,831 | $9,978,436 | ▼ $222,395 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $3,146,200 | $2,894,406 | $6,040,606 |
| Equipment | $440,296 | $475,991 | $916,287 |
| Leasehold Improvements | $-11,698 | $138,981 | $127,283 |
| Land | $76,627 | - | $76,627 |
| Other Land Buildings | $0 | $45,000 | $45,000 |
| Other Assets Org | $1,081,956 | - | - |
| Name | Title | Base | Total |
|---|---|---|---|
| Daniel Johnson | Superintendent | $150,000 | $150,000 |
| Name | Title |
|---|---|
| Torry Abra | Board President |
| Dr Maya Lagbara | Board Member |
| Joe Tave | Board Member |
| Makailen L Johnson Sr | Member - Parent Represent |
| Jabice Goines | Teacher |
| Shana Mcnett | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Diwa Kitchen | Food Service Vended Meals | 2017 S ERVAY ST, Dallas, TX 75215 | $299,489 |
| Schulman Lopez Hoffer And Adelstein LLP | Legal Services | 845 PROTON RD, San Antonio, TX 78258 | $152,312 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $5,836,915 |
| Other Expenses | $2,554,874 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $3,464,833 | $1,536,002 | - | $5,000,835 |
| Other Employee Benefits | $503,453 | $182,627 | - | $686,080 |
| Fees for Services Other | - | $565,672 | - | $565,672 |
| Depreciation Depletion | - | $320,448 | - | $320,448 |
| Occupancy | - | $242,898 | - | $242,898 |
| Interest | - | $230,690 | - | $230,690 |
| Fees for Services Legal | - | $152,258 | - | $152,258 |
| Current Officers, Directors, Trustees, and Key Employees | $150,000 | - | - | $150,000 |
| Information Technology | - | $122,604 | - | $122,604 |
| Other Expenses | $17,713 | $66,835 | - | $84,548 |
| Insurance | - | $69,266 | - | $69,266 |
| All Other Expenses | $22,100 | $27,015 | - | $49,115 |
| Fees for Services Accounting | - | $42,320 | - | $42,320 |
| Travel | $431 | $13,722 | - | $14,153 |
| Total Functional Expenses | $4,445,954 | $3,945,835 | $0 | $8,391,789 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $8,409,429 |
| Expenses per Audited Statements | $8,391,789 |
| Total Expenses per Form 990 | $8,391,789 |
| Expenses Not Reported on Form 990 | $17,640 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $17,640 |
| Fundraising Gross Income | $17,640 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| JEAN DAY/WORLD'S FINEST CHOCOLATE | $14,940 | $14,940 | $14,940 | $0 |
| In & Out Burger Fundraiser | $2,700 | $2,700 | $2,700 | $0 |
| Total Events | $17,640 | $17,640 | $17,640 | $0 |
| Liability | Amount |
|---|---|
| Right of Use Liability-operating | $100,023 |
| Bond | Issuer | Issued | Issue Price | Purpose |
|---|---|---|---|---|
| A | Series 2015 A&b | 2015-06-30 | $6,573,682 | EDUCATION |
| Bond | Total Proceeds | Spent | Retired | Issuance Costs |
|---|---|---|---|---|
| A | $6,573,682 | - | - | $131,474 |
“Cfo receives and reviews the 990 for data and information purposes. After the cfo approves, the 990 is forwarded to the superintendent for final management review and approval.”
“Board members execute an annual governance report.”
“Key personnel salaries are determined by the executive committee of the board. Comparable salary scales, job descriptions, institution size information is gathered and discussed in executive session.”
“Financial statements are posted on the government website for review.”
“The school is a non-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code (the "code"). Accordingly, income taxes are not provided for in the accompanying financial statements. In addition, the school qualifies for the charitable contribution deduction under section 170(b)(1)(a)(vi) and has been classified as an organization that is not a private foundation under section 509(a)(1) of the code. The school applies the provisions of fasb asc 740, income taxes, which prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Fasb asc 740 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. The school believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.”
“Fundraising expenses 17,640.”
“Fundraising expenses 17,640.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 252818 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 207421 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 8866 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 6156 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | EDUCATING STUDENTS |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 27015 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 22100 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 49115 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | PATRICIA HICKS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9728087470 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2800 PRICHARD LANE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | DALLAS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75227 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1312598 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 586703 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 150000 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 150000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 299489 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 152312 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 2017 S ERVAY ST |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 845 PROTON RD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | DALLAS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | SAN ANTONIO |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 75215 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 78258 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | DIWA KITCHEN |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | SCHULMAN LOPEZ HOFFER AND ADELSTEIN LLP |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | FOOD SERVICE VENDED MEALS |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | LEGAL SERVICES |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 7275497 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 19768 |
| IRS990/CYOtherExpensesAmt | 0 | 2554874 |
| IRS990/CYOtherRevenueAmt | 0 | 11046 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 59435 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -1026043 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 5836915 |
| IRS990/CYTotalExpensesAmt | 0 | 8391789 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 7365746 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 320448 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 320448 |
| IRS990/Desc | 0 | EDUCATING STUDENTS |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 4051168 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2973692 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 141 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/EscrowAccountInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 4445954 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 42320 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 42320 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 152258 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 152258 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 565672 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 565672 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DR MAYA LAGBARA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | SHANA MCNETT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JABICE GOINES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JOE TAVE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | TORRY ABRA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MAKAILEN L JOHNSON SR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DANIEL JOHNSON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 150000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TEACHER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | MEMBER - PARENT REPRESENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | SUPERINTENDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1998 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 1 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 17640 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 17640 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 7275497 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 7383386 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 8000 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 122604 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 122604 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 69266 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 69266 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 230690 |
| IRS990/InterestGrp/TotalAmt | 0 | 230690 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 19768 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 19768 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestTaxExemptBondsInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 41 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 3554378 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 3935905 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3651425 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 7205803 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | EDUCATING STUDENTS |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 5969424 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 4943381 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 8000 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 8000 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1918256 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1969689 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 242898 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 242898 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OnBehalfOfIssuerInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1081956 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 182627 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 503453 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 686080 |
| IRS990/OtherExpensesGrp/Desc | 0 | SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 1 | UTILITIES |
| IRS990/OtherExpensesGrp/Desc | 2 | REPAIR AND MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 3 | OTHER EXPENSES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 171191 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 182022 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 20265 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 66835 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 138550 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 148874 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 17713 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 309741 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 182022 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 169139 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 84548 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 100023 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER REVENUE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3046 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 3046 |
| IRS990/OtherRevenueTotalAmt | 0 | 3046 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 1536002 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 3464833 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 5000835 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 2121014 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 457892 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | DANIEL JOHNSON |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | CAMPUS ACTIVITY |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 59435 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 59435 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 9130280 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 4785 |
| IRS990/PYOtherExpensesAmt | 0 | 3088097 |
| IRS990/PYOtherRevenueAmt | 0 | 7388 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 13741 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -119605 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 6187702 |
| IRS990/PYTotalExpensesAmt | 0 | 9275799 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 9156194 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -1026043 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 8000 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 2822448 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 4194304 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 3146200 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2894406 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 6040606 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 440296 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 475991 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 916287 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 17640 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 8391789 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 76627 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 76627 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | -11698 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 138981 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 127283 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 1081956 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | RIGHT OF USE ASSETS-OPERATING |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 17640 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 45000 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 45000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 100023 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | RIGHT OF USE LIABILITY-OPERATING |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 17640 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 17640 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 7365746 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE SCHOOL IS A NON-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"). ACCORDINGLY, INCOME TAXES ARE NOT PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE SCHOOL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) OF THE CODE. THE SCHOOL APPLIES THE PROVISIONS OF FASB ASC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC 740 ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | FUNDRAISING EXPENSES 17,640. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | FUNDRAISING EXPENSES 17,640. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3651425 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 1081956 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 8391789 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 100023 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 7365746 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 7383386 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 8409429 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 1 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | NOVA ACADEMY DOES NOT DISCRIMINATE IN ADMISSION BASED ON GENDER, NATIONAL ORIGIN, ETHNICITY, RELIGION, DISABILITY, ACADEMIC, ARTISTIC, ATHLETIC ABILITY, OR THE DISTRICT THE CHILD WOULD OTHERWISE ATTEND. STUDENTS WHO HAVE DOCUMENTED HISTORY OF CRIMINAL OFFENSES, JUVENILE COURT ADJUDICATION, OR DISCIPLINE PROBLEMS UNDER SUBCHAPTER A, CHAPTER 37 MAY BE EXCLUDED FROM ENROLLING. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | FUNDING THROUGH TEXAS EDUCATION AGENCY. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, PART I, LINE 6 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 17640 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | JEAN DAY/WORLD'S FINEST CHOCOLATE |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm | 0 | IN & OUT BURGER FUNDRAISER |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 14940 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt | 0 | 2700 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 17640 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 14940 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt | 0 | 2700 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 17640 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 17640 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 14940 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt | 0 | 2700 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd | 0 | 1 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt | 0 | 2015-06-30 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN | 0 | 752740102 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt | 0 | 6573682 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt | 0 | SERIES 2015 A&B |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc | 0 | EDUCATION |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd | 0 | 0 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.