Civic Intelligence

Nova Charter School

990 • Fiscal year 2023 • EIN 75-2740102

Sep 01, 2022 to Aug 31, 2023 • Filed on Jul 22, 2024

2800 Prichard LaneDallas, TX 75227

(972) 808-7470

Siviq Scores

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

Liabilities / Assets

80th percentile

0.50x

Higher debt load relative to assets than 80% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

0.68x

Higher debt load relative to revenue than 78% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

18th percentile

-14%

Higher net margin than 18% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

60th percentile

$150,000

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

25th percentile

-2.2%

Faster asset growth than 25% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

17th percentile

-20%

Faster revenue growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

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

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $9,979,373Liabilities 2011: $6,336,196Net Assets 2011: $3,643,1772011Assets 2012: $9,977,228Liabilities 2012: $6,424,811Net Assets 2012: $3,552,4172012Assets 2013: $10,136,600Liabilities 2013: $6,396,004Net Assets 2013: $3,740,5962013Assets 2014: $10,622,390Liabilities 2014: $6,197,550Net Assets 2014: $4,424,8402014Assets 2015: $10,722,489Liabilities 2015: $5,464,343Net Assets 2015: $5,258,1462015Assets 2016: $11,278,096Liabilities 2016: $5,497,853Net Assets 2016: $5,780,2432016Assets 2017: $10,676,853Liabilities 2017: $5,164,811Net Assets 2017: $5,512,0422017Assets 2018: $10,472,586Liabilities 2018: $4,929,122Net Assets 2018: $5,543,4642018Assets 2019: $10,413,579Liabilities 2019: $4,609,322Net Assets 2019: $5,804,2572019Assets 2020: $10,352,613Liabilities 2020: $4,518,907Net Assets 2020: $5,833,7062020Assets 2021: $10,485,443Liabilities 2021: $4,396,414Net Assets 2021: $6,089,0292021Assets 2022: $10,200,831Liabilities 2022: $4,231,407Net Assets 2022: $5,969,4242022Assets 2023: $9,978,436Liabilities 2023: $5,035,055Net Assets 2023: $4,943,3812023Assets 2024: $7,437,994Liabilities 2024: $3,753,503Net Assets 2024: $3,684,4912024Assets 2025: $6,520,700Liabilities 2025: $3,837,717Net Assets 2025: $2,682,9832025

Highlighted filing

2023

Assets$9,978,436
Liabilities$5,035,055
Net Assets$4,943,381

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $5,217,538Expenses 2011: $4,454,580Net Income 2011: $762,9582011Expenses 2012: $7,112,8292012Expenses 2013: $7,717,8852013Revenue 2014: $8,259,150Expenses 2014: $7,574,906Net Income 2014: $684,2442014Revenue 2015: $9,059,381Expenses 2015: $8,226,075Net Income 2015: $833,3062015Revenue 2016: $9,369,357Expenses 2016: $8,847,260Net Income 2016: $522,0972016Revenue 2017: $8,603,923Expenses 2017: $8,872,124Net Income 2017: -$268,2012017Revenue 2018: $7,696,480Expenses 2018: $7,665,058Net Income 2018: $31,4222018Revenue 2019: $7,687,975Expenses 2019: $7,427,182Net Income 2019: $260,7932019Revenue 2020: $7,956,936Expenses 2020: $7,927,487Net Income 2020: $29,4492020Revenue 2021: $9,145,221Expenses 2021: $8,889,898Net Income 2021: $255,3232021Revenue 2022: $9,156,194Expenses 2022: $9,275,799Net Income 2022: -$119,6052022Revenue 2023: $7,365,746Expenses 2023: $8,391,789Net Income 2023: -$1,026,0432023Revenue 2024: $6,071,456Expenses 2024: $7,098,912Net Income 2024: -$1,027,4562024Revenue 2025: $4,765,592Expenses 2025: $5,317,891Net Income 2025: -$552,2992025

Highlighted filing

2023

Revenue$7,365,746
Expenses$8,391,789
Net Income-$1,026,043
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jul 22, 2024
Return Version
2022v5.0
Gross Receipts
$7,383,386
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
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 Categories

AssetBook ValueDepreciationBasis
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--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Daniel JohnsonSuperintendent$150,000$150,000

Board Members and Trustees

NameTitle
Torry AbraBoard President
Dr Maya LagbaraBoard Member
Joe TaveBoard Member
Makailen L Johnson SrMember - Parent Represent
Jabice GoinesTeacher
Shana McnettTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Diwa KitchenFood Service Vended Meals2017 S ERVAY ST, Dallas, TX 75215$299,489
Schulman Lopez Hoffer And Adelstein LLPLegal Services845 PROTON RD, San Antonio, TX 78258$152,312
Revenue and Support

Revenue Composition

Contributions and Grants
$7,275,497
Program Service Revenue
$59,435
Investment Income
$19,768
Other Revenue
$11,046
Change in Net Assets
$-1,026,043

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,365,746
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$17,640
Total Revenue per Audited Statements
$7,383,386
Total Revenue per Form 990
$7,365,746
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
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

Audited Expense Reconciliation

Line ItemAmount
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
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$17,640
Fundraising Gross Income$17,640
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet 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
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Liability-operating$100,023

Bond Issues

BondIssuerIssuedIssue PricePurpose
ASeries 2015 A&b2015-06-30$6,573,682EDUCATION

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$6,573,682--$131,474

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
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
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

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.

Form 990, Part VI, Section B, Line 12C

Board members execute an annual governance report.

Form 990, Part VI, Section B, Line 15

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.

Form 990, Part VI, Section C, Line 19

Financial statements are posted on the government website for review.

Filing and Contact Details

Filer

Filer Name
Nova Charter School
EIN
75-2740102
Phone
9728087470
Address
2800 PRICHARD LANE, DALLAS, TX 75227

Signing Officer

Name
Patricia Hicks
Title
Finance Manager
Phone
9728087470
Signed
2024-07-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Johnson
Formed
1998
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
141
Volunteers
0

Preparer

Firm
Mcconnell & Jones Llp
Address
4828 LOOP CENTRAL DRIVE SUITE 1000, HOUSTON, TX 77081
Preparer
Tene Thomas
Phone
7139681600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

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.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 17,640.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 17,640.

Raw XML AppendixShowing 400 of 510 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt08000
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt08000
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01918256
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01969689
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0242898
IRS990/OccupancyGrp/TotalAmt0242898
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt01081956
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0182627
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0503453
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0686080
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0171191
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1182022
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt220265
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt366835
IRS990/OtherExpensesGrp/ProgramServicesAmt0138550
IRS990/OtherExpensesGrp/ProgramServicesAmt1148874
IRS990/OtherExpensesGrp/ProgramServicesAmt217713
IRS990/OtherExpensesGrp/TotalAmt0309741
IRS990/OtherExpensesGrp/TotalAmt1182022
IRS990/OtherExpensesGrp/TotalAmt2169139
IRS990/OtherExpensesGrp/TotalAmt384548
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0100023
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03046
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03046
IRS990/OtherRevenueTotalAmt03046
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01536002
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03464833
IRS990/OtherSalariesAndWagesGrp/TotalAmt05000835
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02121014
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0457892
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DANIEL JOHNSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CAMPUS ACTIVITY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt059435
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt059435
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt09130280
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04785
IRS990/PYOtherExpensesAmt03088097
IRS990/PYOtherRevenueAmt07388
IRS990/PYProgramServiceRevenueAmt013741
IRS990/PYRevenuesLessExpensesAmt0-119605
IRS990/PYSalariesCompEmpBnftPaidAmt06187702
IRS990/PYTotalExpensesAmt09275799
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09156194
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-1026043
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt08000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02822448
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04194304
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt03146200
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02894406
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06040606
IRS990ScheduleD/EquipmentGrp/BookValueAmt0440296
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0475991
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0916287
IRS990ScheduleD/ExpensesNotReportedAmt017640
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08391789
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt076627
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt076627
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0-11698
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0138981
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0127283
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01081956
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT OF USE ASSETS-OPERATING
IRS990ScheduleD/OtherExpensesIncludedAmt017640
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt045000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt045000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0100023
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RIGHT OF USE LIABILITY-OPERATING
IRS990ScheduleD/OtherRevenueAmt017640
IRS990ScheduleD/RevenueNotReportedAmt017640
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07365746
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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/ExplanationTxt1FUNDRAISING EXPENSES 17,640.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 17,640.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03651425
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01081956
IRS990ScheduleD/TotalExpensesPerForm990Amt08391789
IRS990ScheduleD/TotalLiabilityAmt0100023
IRS990ScheduleD/TotalRevenuePerForm990Amt07365746
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07383386
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08409429
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NOVA 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/ExplanationTxt1FUNDING THROUGH TEXAS EDUCATION AGENCY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt017640
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0JEAN DAY/WORLD'S FINEST CHOCOLATE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0IN & OUT BURGER FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt014940
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt02700
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017640
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt014940
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt02700
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017640
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt017640
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt014940
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02700
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02015-06-30
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0752740102
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt06573682
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0SERIES 2015 A&B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0EDUCATION
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.52$3.84$2.68$4.77$5.32$0.55
2024Detailed filing. Detailed filing data is available for this year.$7.44$3.75$3.68$6.07$7.10$1.03
2023Detailed filing. Detailed filing data is available for this year.$9.98$5.04$4.94$7.37$8.39$1.03
2022Detailed filing. Detailed filing data is available for this year.$10.2$4.23$5.97$9.16$9.28$0.12
2021Detailed filing. Detailed filing data is available for this year.$10.5$4.40$6.09$9.15$8.89$0.26
2020Detailed filing. Detailed filing data is available for this year.$10.4$4.52$5.83$7.96$7.93$0.03
2019Detailed filing. Detailed filing data is available for this year.$10.4$4.61$5.80$7.69$7.43$0.26
2018Detailed filing. Detailed filing data is available for this year.$10.5$4.93$5.54$7.70$7.67$0.03
2017Detailed filing. Detailed filing data is available for this year.$10.7$5.16$5.51$8.60$8.87$0.27
2016Detailed filing. Detailed filing data is available for this year.$11.3$5.50$5.78$9.37$8.85$0.52
2015Detailed filing. Detailed filing data is available for this year.$10.7$5.46$5.26$9.06$8.23$0.83
2014Detailed filing. Detailed filing data is available for this year.$10.6$6.20$4.42$8.26$7.57$0.68
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$6.40$3.74$7.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.98$6.42$3.55$7.11
2011Summary only. Only limited summary data is available for this year.$9.98$6.34$3.64$5.22$4.45$0.76