Civic Intelligence

Two Dimensions Preparatory Academy Inc.

990 • Fiscal year 2020 • EIN 76-0557273

Sep 01, 2019 to Aug 31, 2020 • Filed on Feb 03, 2021

12121 Veterans Memorial DriveHouston, TX 77067

(281) 227-4700

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.20x

Higher debt load relative to assets than 53% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

24th percentile

0.07x

Higher debt load relative to revenue than 24% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

65th percentile

12%

Higher net margin than 65% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

66th percentile

$161,444

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

89th percentile

53%

Faster asset growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

78th percentile

22%

Faster revenue growth than 78% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,949,011

Up $675,954 (+53%) from 2019

Net Assets

Up

$1,567,077

Up $698,213 (+80%) from 2019

Liabilities

Down

$381,934

Down $22,259 (-5.5%) from 2019

Revenue

Up

$5,788,537

Up $1,054,416 (+22%) from 2019

Expenses

Up

$5,090,324

Up $383,401 (+8.1%) from 2019

Net Income

Up

$698,213

Up $671,015 (+2467%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $695,270Liabilities 2011: $366,484Net Assets 2011: $328,7862011Assets 2012: $742,638Liabilities 2012: $355,380Net Assets 2012: $387,2582012Assets 2013: $551,609Liabilities 2013: $303,137Net Assets 2013: $248,4722013Assets 2014: $505,113Liabilities 2014: $256,702Net Assets 2014: $248,4112014Assets 2015: $534,550Liabilities 2015: $424,639Net Assets 2015: $109,9112015Assets 2016: $861,991Liabilities 2016: $131,164Net Assets 2016: $730,8272016Assets 2017: $770,681Liabilities 2017: $168,504Net Assets 2017: $602,1772017Assets 2018: $1,310,435Liabilities 2018: $468,769Net Assets 2018: $841,6662018Assets 2019: $1,273,057Liabilities 2019: $404,193Net Assets 2019: $868,8642019Assets 2020: $1,949,011Liabilities 2020: $381,934Net Assets 2020: $1,567,0772020Assets 2021: $2,019,344Liabilities 2021: $213,458Net Assets 2021: $1,805,8862021Assets 2022: $1,782,791Liabilities 2022: $298,557Net Assets 2022: $1,484,2342022Assets 2023: $1,700,215Liabilities 2023: $406,164Net Assets 2023: $1,294,0512023Assets 2024: $1,412,127Liabilities 2024: $491,771Net Assets 2024: $920,3562024

Highlighted filing

2020

Assets$1,949,011
Liabilities$381,934
Net Assets$1,567,077

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,994,841Expenses 2011: $3,824,722Net Income 2011: $170,1192011Revenue 2012: $4,132,959Expenses 2012: $4,074,487Net Income 2012: $58,4722012Revenue 2013: $4,002,008Expenses 2013: $4,140,794Net Income 2013: -$138,7862013Revenue 2014: $4,224,147Expenses 2014: $4,224,208Net Income 2014: -$612014Revenue 2015: $3,960,413Expenses 2015: $4,098,913Net Income 2015: -$138,5002015Revenue 2016: $4,212,416Expenses 2016: $3,591,500Net Income 2016: $620,9162016Revenue 2017: $4,384,522Expenses 2017: $4,350,736Net Income 2017: $33,7862017Revenue 2018: $5,127,474Expenses 2018: $4,887,985Net Income 2018: $239,4892018Revenue 2019: $4,734,121Expenses 2019: $4,706,923Net Income 2019: $27,1982019Revenue 2020: $5,788,537Expenses 2020: $5,090,324Net Income 2020: $698,2132020Revenue 2021: $5,152,095Expenses 2021: $4,913,286Net Income 2021: $238,8092021Revenue 2022: $5,048,819Expenses 2022: $5,370,471Net Income 2022: -$321,6522022Revenue 2023: $5,630,448Expenses 2023: $5,820,631Net Income 2023: -$190,1832023Revenue 2024: $5,018,354Expenses 2024: $5,392,049Net Income 2024: -$373,6952024

Highlighted filing

2020

Revenue$5,788,537
Expenses$5,090,324
Net Income$698,213
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Feb 3, 2021
Return Version
2019v5.2
Gross Receipts
$5,788,537
Mission and Program Overview

Mission

The mission of two dimensions preparatory academy charter school is to develop knowledgeable reasoning and lifelong learners through a dynamic and challenging educational program of excellence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$339,858$808,044▲ $468,186
Land, Buildings, and Equipment, Net$512,947$503,992▼ $8,955
Pledges and Grants Receivable$275,146$428,616▲ $153,470
Savings and Temporary Cash Investments$145,106$145,508▲ $402
Prepaid Expenses and Deferred Charges$0$62,851▲ $62,851
Total Assets$1,273,057$1,949,011▲ $675,954
Liabilities
Accounts Payable and Accrued Expenses$343,157$331,646▼ $11,511
Mortgage Notes Payable Secured by Investment Property$57,179$46,431▼ $10,748
Deferred Revenue$3,857$3,857→ $0
Total Liabilities$404,193$381,934▼ $22,259
Net Assets / Fund Balance
Net Assets With Donor Restrictions$556,953$1,280,445▲ $723,492
Net Assets Without Donor Restrictions$311,911$286,632▼ $25,279
Total Net Assets Fund Balance$868,864$1,567,077▲ $698,213
Total Liabilities and Net Assets / Fund Balance$1,273,057$1,949,011▲ $675,954

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$121,040$587,119$708,159
Leasehold Improvements$332,952$67,948$400,900
Land$50,000-$50,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daisy L SimpsonSuperintendentFT$148,900$12,544$161,444
Ladeirdre ConerlyCFOFT$148,407$993$149,400

Board Members and Trustees

NameTitle
Susie DavisPresident
Barbara HilliardSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Charter School SuccessCharter School ConsultantPO BOX 598, Boerne, TX 78006$142,584
Revenue and Support

Revenue Composition

Contributions and Grants
$1,224,471
Program Service Revenue
$4,552,999
Investment Income
$11,067
Other Revenue
$0
Change in Net Assets
$698,213

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,788,537
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,788,537
Total Revenue per Form 990
$5,788,537
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,469,231
Other Expenses$1,621,093
Total Fundraising Expense$20,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,151,243$717,082-$2,868,325
Occupancy$672,842$58,574-$731,416
Current Officers, Directors, Trustees, and Key Employees$223,894$75,766-$299,660
Fees for Services Other$221,712$24,230-$245,942
Pension Plan Contributions$102,010$55,090-$157,100
Other Employee Benefits$63,245$34,155-$97,400
Depreciation Depletion$35,617$33,503-$69,120
Office Expenses$47,230$12,668-$59,898
Payroll Taxes$43,334$3,412-$46,746
Other Expenses$31,137$4,653$20,500$35,790
Travel$13,197$12,580-$25,777
Interest$7,468--$7,468
Insurance$4,693$1,582-$6,275
Total Functional Expenses$4,023,829$1,045,995$20,500$5,090,324

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,090,324
Total Expenses per Audited Statements$5,090,324
Total Expenses per Form 990$5,090,324
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on 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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-See Part VRentNo$275,000
Calvin ConerlySpouse of OfficerWagesNo$27,821
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
Yes
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
No
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 A, Line 7A

Election of new board members is done by current board members.

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

The return is presented to the board at a monthly meeting for review and approval prior to filing.

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

All officers, key employees, etc. Are required to attend annual trainings regarding this issue. Potential conflicts of interest are also addressed prior to hiring or voting. This policy is also discussed with all key people at the year-end board meeting and documentation is signed stating there were no conflicts of interest.

Form 990, Part VI, Section B, Line 15A

The board determines all administrative salaries prior to hiring and/or advertising for the position. All necessary research and recommendations are performed to ensure compensation is comparable and accurate. Key employee compensation is also reviewed by the board prior to hiring.

Form 990, Part VI, Section C, Line 19

Organization documents are made available to the public on-site, upon written request.

Filing and Contact Details

Filer

Filer Name
Two Dimensions Preparatory Academy Inc
EIN
76-0557273
Phone
2812274700
Address
12121 VETERANS MEMORIAL DRIVE, HOUSTON, TX 77067

Signing Officer

Name
Susie Davis
Title
President
Phone
2812274700
Signed
2021-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susie Davis
Formed
1998
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
2
Employees
92
Volunteers
225

Preparer

Firm
Randy Walker & Co
Address
7800 IH 10 WEST STE 505, SAN ANTONIO, TX 78230
Preparer
Randy L Walker CPA
Phone
2103669430
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The board of directors confirms that the auditors are on the approved list and selection is made based upon experience and recommendations.

Section 1.263(A)-1(F) De Minimis Safe Harbor Election

Two dimensions preparatory academy inc 12121 veterans memorial drive houston, tx 77067 employer identification number: 76-0557273 for the year ending august 31, 2020 two dimensions preparatory academy inc is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).

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IRS990/PYContributionsGrantsAmt0551282
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08384
IRS990/PYOtherExpensesAmt01417257
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04174455
IRS990/PYRevenuesLessExpensesAmt027198
IRS990/PYSalariesCompEmpBnftPaidAmt03289666
IRS990/PYTotalExpensesAmt04706923
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04734121
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0698213
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04552999
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0145106
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0145508
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/EquipmentGrp/BookValueAmt0121040
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0587119
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0708159
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05090324
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0332952
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt067948
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0400900
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05788537
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0503992
IRS990ScheduleD/TotalExpensesPerForm990Amt05090324
IRS990ScheduleD/TotalRevenuePerForm990Amt05788537
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05788537
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05090324
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/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, CREED, RELIGION, OR GENDER. THIS POLICY IS CLEARLY PUBLICIZED IN THE POLICIES/PROCEDURES MANUAL AND WITHIN THE STUDENT HANDBOOK.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL IS A PUBLICLY FUNDED CHARTER SCHOOL AND HAS NO TUITION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE MAJORITY OF THE MONIES RECEIVED BY THE SCHOOL ARE EITHER STATE GRANT-IN-AID MONIES OR FEDERAL PROGRAM FUNDS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0148900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt012544
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAISY L SIMPSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SUPERINTENDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0161444
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE BOARD DETERMINES ALL ADMINISTRATIVE SALARIES PRIOR TO HIRING AND/OR ADVERTISING FOR THE POSITION. ALL NECESSARY RESEARCH AND RECOMMENDATIONS ARE PERFORMED TO ENSURE COMPENSATION IS COMPARABLE AND ACCURATE. KEY EMPLOYEE COMPENSATION IS ALSO REVIEWED BY THE BOARD PRIOR TO HIRING.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0GREATER GRACE SABBATH FELLOWSHIP INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CALVIN CONERLY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SPOUSE OF OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1SEE PART V
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt027821
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1275000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0WAGES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1RENT
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY HAS SUBLEASE AGREEMENTS WITH GREATER GRACE SABBATH FELLOWSHIP, INC., AN ORGANIZATION THAT IS PASTORED BY A FAMILY MEMBER OF THE SUPERINTENDENT. THE SUBLEASE AGREEMENTS ARE FOR TWO OF THE ACADEMY'S CAMPUS FACILITIES IN HOUSTON AND CORSICANA, TEXAS, AND THEY ARE EFFECTIVE UNTIL AUGUST 31, 2023. THE TOTAL LEASE PAYMENTS MADE BY THE ACADEMY TO GREATER GRACE SABBATH FELLOWSHIP, INC. FOR THE YEARS ENDED AUGUST 31, 2020 AND 2019 WERE $325,000 AND 300,000, RESPECTIVELY.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE L, PART IV
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ELECTION OF NEW BOARD MEMBERS IS DONE BY CURRENT BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS PRESENTED TO THE BOARD AT A MONTHLY MEETING FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS, KEY EMPLOYEES, ETC. ARE REQUIRED TO ATTEND ANNUAL TRAININGS REGARDING THIS ISSUE. POTENTIAL CONFLICTS OF INTEREST ARE ALSO ADDRESSED PRIOR TO HIRING OR VOTING. THIS POLICY IS ALSO DISCUSSED WITH ALL KEY PEOPLE AT THE YEAR-END BOARD MEETING AND DOCUMENTATION IS SIGNED STATING THERE WERE NO CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD DETERMINES ALL ADMINISTRATIVE SALARIES PRIOR TO HIRING AND/OR ADVERTISING FOR THE POSITION. ALL NECESSARY RESEARCH AND RECOMMENDATIONS ARE PERFORMED TO ENSURE COMPENSATION IS COMPARABLE AND ACCURATE. KEY EMPLOYEE COMPENSATION IS ALSO REVIEWED BY THE BOARD PRIOR TO HIRING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ORGANIZATION DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC ON-SITE, UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS CONFIRMS THAT THE AUDITORS ARE ON THE APPROVED LIST AND SELECTION IS MADE BASED UPON EXPERIENCE AND RECOMMENDATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TWO DIMENSIONS PREPARATORY ACADEMY INC 12121 VETERANS MEMORIAL DRIVE HOUSTON, TX 77067 EMPLOYER IDENTIFICATION NUMBER: 76-0557273 FOR THE YEAR ENDING AUGUST 31, 2020 TWO DIMENSIONS PREPARATORY ACADEMY INC IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01273057
IRS990/TotalAssetsEOYAmt01949011
IRS990/TotalAssetsGrp/BOYAmt01273057
IRS990/TotalAssetsGrp/EOYAmt01949011
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01224471
IRS990/TotalEmployeeCnt092
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt020500
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01045995
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04023829
IRS990/TotalFunctionalExpensesGrp/TotalAmt05090324
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0404193
IRS990/TotalLiabilitiesEOYAmt0381934
IRS990/TotalLiabilitiesGrp/BOYAmt0404193
IRS990/TotalLiabilitiesGrp/EOYAmt0381934
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0868864
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01567077
IRS990/TotalOtherCompensationAmt013537
IRS990/TotalProgramServiceExpensesAmt04023829
IRS990/TotalProgramServiceRevenueAmt04552999
IRS990/TotalReportableCompFromOrgAmt0297307
IRS990/TotalRevenueGrp/ExclusionAmt011067

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.49$0.92$5.02$5.39$0.37
2023Summary only. Only limited summary data is available for this year.$1.70$0.41$1.29$5.63$5.82$0.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.30$1.48$5.05$5.37$0.32
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.02$0.21$1.81$5.15$4.91$0.24
2020Detailed filing. Detailed filing data is available for this year.$1.95$0.38$1.57$5.79$5.09$0.70
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.40$0.87$4.73$4.71$0.03
2018Summary only. Only limited summary data is available for this year.$1.31$0.47$0.84$5.13$4.89$0.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.17$0.60$4.38$4.35$0.03
2016Summary only. Only limited summary data is available for this year.$0.86$0.13$0.73$4.21$3.59$0.62
2015Summary only. Only limited summary data is available for this year.$0.53$0.42$0.11$3.96$4.10$0.14
2014Summary only. Only limited summary data is available for this year.$0.51$0.26$0.25$4.22$4.22$0.00
2013Summary only. Only limited summary data is available for this year.$0.55$0.30$0.25$4.00$4.14$0.14
2012Summary only. Only limited summary data is available for this year.$0.74$0.36$0.39$4.13$4.07$0.06
2011Summary only. Only limited summary data is available for this year.$0.70$0.37$0.33$3.99$3.82$0.17
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $5M-$10M nonprofits