Civic Intelligence

Great Western Academy

990 • Fiscal year 2023 • EIN 75-3019232

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 08, 2023

310 North WilsonColumbus, OH 43204

(614) 276-1028

Siviq Scores

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

Liabilities / Assets

99th percentile

2.59x

Higher debt load relative to assets than 99% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

0.88x

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

46th percentile

2.3%

Higher net margin than 46% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$1,750

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

54th percentile

7.3%

Faster asset growth than 54% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

48th percentile

4.7%

Faster revenue growth than 48% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$3,689,277

Up $251,283 (+7.3%) from 2022

Net Assets

Up

-$5,871,096

Up $252,449 (+4.1%) from 2022

Liabilities

Down

$9,560,373

Down $1,166 (-0.0%) from 2022

Revenue

Up

$10,905,873

Up $486,005 (+4.7%) from 2022

Expenses

Up

$10,653,424

Up $712,554 (+7.2%) from 2022

Net Income

Down

$252,449

Down $226,549 (-47%) 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$0-$5.0M-$10MAssets 2012: $176,732Liabilities 2012: $0Net Assets 2012: $176,7322012Assets 2013: $68,655Liabilities 2013: $0Net Assets 2013: $68,6552013Assets 2014: $72,507Liabilities 2014: $0Net Assets 2014: $72,5072014Assets 2015: $80,933Liabilities 2015: $0Net Assets 2015: $80,9932015Assets 2016: $110,715Liabilities 2016: $0Net Assets 2016: $110,7152016Assets 2017: $89,124Liabilities 2017: $0Net Assets 2017: $89,1242017Assets 2018: $43,323Liabilities 2018: $0Net Assets 2018: $43,3232018Assets 2019: $74,510Liabilities 2019: $0Net Assets 2019: $74,5102019Assets 2020: $261,275Liabilities 2020: $0Net Assets 2020: $261,2752020Assets 2021: $550,637Liabilities 2021: $0Net Assets 2021: $550,6372021Assets 2022: $3,437,994Liabilities 2022: $9,561,539Net Assets 2022: -$6,123,5452022Assets 2023: $3,689,277Liabilities 2023: $9,560,373Net Assets 2023: -$5,871,0962023Assets 2024: $5,381,923Liabilities 2024: $10,888,655Net Assets 2024: -$5,506,7322024

Highlighted filing

2023

Assets$3,689,277
Liabilities$9,560,373
Net Assets-$5,871,096

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2012: $8,275,942Expenses 2012: $8,134,319Net Income 2012: $141,6232012Revenue 2013: $7,048,970Expenses 2013: $7,157,047Net Income 2013: -$108,0772013Revenue 2014: $7,149,474Expenses 2014: $7,145,622Net Income 2014: $3,8522014Revenue 2015: $6,764,288Expenses 2015: $6,755,862Net Income 2015: $8,4262015Revenue 2016: $6,903,281Expenses 2016: $6,873,499Net Income 2016: $29,7822016Revenue 2017: $7,365,599Expenses 2017: $7,387,190Net Income 2017: -$21,5912017Revenue 2018: $7,114,747Expenses 2018: $7,160,548Net Income 2018: -$45,8012018Revenue 2019: $7,572,139Expenses 2019: $7,540,952Net Income 2019: $31,1872019Revenue 2020: $8,652,086Expenses 2020: $8,465,321Net Income 2020: $186,7652020Revenue 2021: $8,344,567Expenses 2021: $8,055,205Net Income 2021: $289,3622021Revenue 2022: $10,419,868Expenses 2022: $9,940,870Net Income 2022: $478,9982022Revenue 2023: $10,905,873Expenses 2023: $10,653,424Net Income 2023: $252,4492023Revenue 2024: $12,350,325Expenses 2024: $11,985,961Net Income 2024: $364,3642024

Highlighted filing

2023

Revenue$10,905,873
Expenses$10,653,424
Net Income$252,449
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$10,905,873
Mission and Program Overview

Mission

Utilizes research-proven curricula to ensure outstanding academic performance routinely by all of its culturally and economically diverse student population. Partners with families to form a safe school.

Utilizes research-proven curricula to ensure outstanding academic performance by all its diverse student population.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$658,106$388,138▼ $269,968
Pledges and Grants Receivable$120,252$379,173▲ $258,921
Land, Buildings, and Equipment, Net$487,236$262,358▼ $224,878
Accounts Receivable$15,673$92,865▲ $77,192
Total Assets$3,437,994$3,689,277▲ $251,283
Other Assets Total$2,156,727$2,566,743▲ $410,016
Liabilities
Other Liabilities$8,855,696$8,806,196▼ $49,500
Accounts Payable and Accrued Expenses$705,843$754,177▲ $48,334
Total Liabilities$9,561,539$9,560,373▼ $1,166
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-6,123,545$-5,871,096▲ $252,449
Total Net Assets Fund Balance$-6,123,545$-5,871,096▲ $252,449
Total Liabilities and Net Assets / Fund Balance$3,437,994$3,689,277▲ $251,283

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$262,358$449,756$712,114
Equipment$0$30,076$30,076
Buildings$0--
Land$0--
Leasehold Improvements$0--
Other Assets Org$1,959,079--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022----$0
2021----$0
2020----$0
2019----$0
2018----$0
Compensation and Service Providers

Employees

NameTitleBaseTotal
Alan ToopsPresident$1,750$1,750
Dorian WingardBoard Member$1,375$1,375
Shannon WhitfieldBoard Member$1,250$1,250
Carole MengeBoard Member$1,125$1,125
Jackiethia ButschBoard Member$1,125$1,125
Dr J Love BentonBoard Member$250$250
Lee PetersBoard Member$250$250

Board Members and Trustees

NameTitle
Dan LambTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,905,873
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$252,449

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,653,424
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$0$10,079,609-$10,079,609
Depreciation Depletion$224,878$0-$224,878
Fees for Services Legal$72,621$0-$72,621
Fees for Services Other$47,592$0-$47,592
Interest$26,194$0-$26,194
Other Expenses$11,798$0-$11,798
Total Functional Expenses$573,815$10,079,609$0$10,653,424

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Total Expenses per Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$6,454,860
Deferred Inflows of Resources$1,770,305
Net OPEB Liability$302,167
Leases$278,864
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI- Line 11B

The form 990 is prepared by an outside CPA firm who sends it to the Treasurer for review. After the Treasurer's review is completed, the 990 is sent to the Board of Directors for review and discussion. If no changes are required, the Form is electronically filed with the Internal Revenue Service by the outside CPA firm.

Form 990, Part VI- Line 13

All members of the Board of Directors are subject to a conflict of interest policy which requires annual disclosure statements to be completed. Decisions regarding conflict of interest are made by the remaining board members who do not have a conflict while the conflicted board member is excluded from discussing and voting

Form 990, Part VI- Line 15A and 15B

The management agreement was negotiated and approved by the board at its inceptions. Comparison was done at the time the contracts were entered.

Form 990, Part VI, Line 19

The organization day to day operating records are maintained by the EMO on site at the School. All legal documents (policies, bylaws, and other governance documents) are maintained by the School legal counsel. All the financial documents are maintained by the fiscal officer.

Filing and Contact Details

Filer

Filer Name
Great Western Academy
EIN
75-3019232
Phone
6142761028
Address
310 North Wilson, Columbus, OH 43204

Signing Officer

Name
Alan Toops
Title
President
Signed
2023-11-08
Discuss with paid preparer
No

Organization Details

Formed
2004
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Zupka & Associates
Address
4141 Rockside Road, Seven Hills, OH 44131
Preparer
Sarah Salnajs
Phone
2164756136
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2B and 3B

The audit is in process.

Raw XML AppendixShowing 400 of 463 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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IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CarryoverPYNotAppliedAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistriAppDistributableAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt00
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt00
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt00
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EndingBalanceAmt00
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030076
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030076
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt00
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0607664
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11959079
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Net OPEB asset
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deferred Outflows of Resources
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0262358
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0449756
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0712114
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06454860
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1302167
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2278864
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31770305
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net OPEB Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Leases
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Deferred Inflows of Resources
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt00
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0262358
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02566743
IRS990ScheduleD/TotalBookValueProgramRltdAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt00
IRS990ScheduleD/TotalLiabilityAmt08806196
IRS990ScheduleD/TotalRevenuePerForm990Amt00
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The School receives financial assistance from the federal government and state agencies in the form of grants. The disbursement of funds received from these grants normally requires compliance with terms and conditions of the grant which are specified in grant agreements and are subject to audit by the grantor agencies.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 6a
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The form 990 is prepared by an outside CPA firm who sends it to the Treasurer for review. After the Treasurer's review is completed, the 990 is sent to the Board of Directors for review and discussion. If no changes are required, the Form is electronically filed with the Internal Revenue Service by the outside CPA firm.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All members of the Board of Directors are subject to a conflict of interest policy which requires annual disclosure statements to be completed. Decisions regarding conflict of interest are made by the remaining board members who do not have a conflict while the conflicted board member is excluded from discussing and voting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The management agreement was negotiated and approved by the board at its inceptions. Comparison was done at the time the contracts were entered.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization day to day operating records are maintained by the EMO on site at the School. All legal documents (policies, bylaws, and other governance documents) are maintained by the School legal counsel. All the financial documents are maintained by the fiscal officer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The audit is in process.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI- Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI- Line 13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI- Line 15a and 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 2b and 3b
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03437994
IRS990/TotalAssetsEOYAmt03689277
IRS990/TotalAssetsGrp/BOYAmt03437994
IRS990/TotalAssetsGrp/EOYAmt03689277
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt010905873
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

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