Liabilities / Assets
89th percentile
Higher debt load relative to assets than 89% of similar nonprofits.
Virtuous Academy
990EZ • Fiscal year 2015 • EIN 80-0277640
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.49x
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
29th percentile
Higher net margin than 29% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
77th percentile
Faster revenue growth than 77% of similar nonprofits.
Balance Sheet
Assets
Down$2,051
Down $6,356 (-76%) from 2014
Net Assets
Down$1,042
Down $7,365 (-88%) from 2014
Liabilities
Up$1,009
Up $1,009 from 2014
Revenue And Expenses
Revenue
Up$126,773
Up $25,720 (+25%) from 2014
Expenses
Down$134,138
Down $12,119 (-8.3%) from 2014
Net Income
Up-$7,365
Up $37,839 (+84%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2014 to Jun 30, 2015
- Signed
- Jan 15, 2016
- Return Version
- 2014v6.0
- Gross Receipts
- $126,773
Mission and Program Overview
Mission
Day school for grades k-12
Program Services
| Description | Grants | Expenses |
|---|---|---|
| VIRTUOUS ACADEMY OPERATES AS A NON-PUBLIC DAY-SCHOOL FOR GRADES K-12. THE SCHOOL EDUCATES STUDENTS IN THE CORE CURRICULUM AND PROVIDES EXTRA CURRICULAR ACTIVITIES FOR STUDENTS. ENROLLMENT AND PROGRAMMING CONTINUE TO INCREASE FOR STUDENTS ATTENDING VIRTUOUS ACADEMY. | $37,000 | $106,537 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| IYANA TENNON | Executive Director | FT | $14,000 | - | $14,000 |
| DR VERNON TIPTON | President | FT | $0 | - | - |
| MICHELLE ROGERS | Secretary | PT | $0 | - | - |
| ELIZABETH CESSNA | Board Member | PT | $0 | - | - |
| REV WALTER EVANS | Board Member | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Virtuous Academy
- EIN
- 80-0277640
- Phone
- 4128966701
- Address
- ONE LIBRARY PLACE, DUQUESNE, PA 15110
Signing Officer
- Name
- Iyana Tennon
- Title
- Executive Director
- Phone
- 4124256146
- Signed
- 2016-01-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Louis Plung & Company Llp
- Address
- 420 FT DUQUESNE BLVD STE 1900, PITTSBURGH, PA 15222
- Preparer
- Joseph C Zovko
- Phone
- 4122818771
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 14
“Description: depreciation. Amount: 965. Description: other expenses. Amount: 31,106. Total to form 990-ez, line 14: 32,071.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank fees. Amount: 582. Description: books, subscriptions, reference. Amount: 2,267. Description: equipment rental and maintenance. Amount: 1,918. Description: advertising. Amount: 1,147. Description: food. Amount: 8,384. Description: miscellaneous office expenses. Amount: 401. Description: payroll service fees. Amount: 1,602. Description: telephone/internet. Amount: 1,802. Description: payroll taxes. Amount: 8,080. Description: co-curricular activities. Amount: 4,720. Description: insurance. Amount: 2,995. Description: travel. Amount: 3,600. Description: fundraiser expenses. Amount: 6,145. Description: supplies. Amount: 2,751. Description: stipends. Amount: 2,150. Description: volunteer expenses. Amount: 55. Total to form 990-ez, line 16: 48,599.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: other depreciable assets. Beg. Of year amount: 3,016. End of year amount: 2,051.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: bank overdraft. Beg. Of year amount: 0. End of year amount: 1,009.”
Raw XML Appendix155 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | IYANA TENNON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4128966701 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | ONE LIBRARY PLACE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | DUQUESNE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 15110 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5391 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 126773 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -7365 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 6204 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 8407 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 2051 |
| IRS990EZ/GrossReceiptsAmt | 0 | 126773 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 8407 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 1042 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 8407 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 1042 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 32071 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 15.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 14000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | IYANA TENNON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DR VERNON TIPTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MICHELLE ROGERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ELIZABETH CESSNA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | REV WALTER EVANS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 3016 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2051 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 48599 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | DAY SCHOOL FOR GRADES K-12 |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1114 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | VIRTUOUS ACADEMY OPERATES AS A NON-PUBLIC DAY-SCHOOL FOR GRADES K-12. THE SCHOOL EDUCATES STUDENTS IN THE CORE CURRICULUM AND PROVIDES EXTRA CURRICULAR ACTIVITIES FOR STUDENTS. ENROLLMENT AND PROGRAMMING CONTINUE TO INCREASE FOR STUDENTS ATTENDING VIRTUOUS ACADEMY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 37000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 106537 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 46150 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 1 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1009 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 134138 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 106537 |
| IRS990EZ/TotalRevenueAmt | 0 | 126773 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.VIRTUOUSACADEMY.ORG |
| IRS990ScheduleA/SchoolInd | 0 | X |
| 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 | 0 |
| 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 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DEPRECIATION. AMOUNT: 965. DESCRIPTION: OTHER EXPENSES. AMOUNT: 31,106. TOTAL TO FORM 990-EZ, LINE 14: 32,071. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: BANK FEES. AMOUNT: 582. DESCRIPTION: BOOKS, SUBSCRIPTIONS, REFERENCE. AMOUNT: 2,267. DESCRIPTION: EQUIPMENT RENTAL AND MAINTENANCE. AMOUNT: 1,918. DESCRIPTION: ADVERTISING. AMOUNT: 1,147. DESCRIPTION: FOOD. AMOUNT: 8,384. DESCRIPTION: MISCELLANEOUS OFFICE EXPENSES. AMOUNT: 401. DESCRIPTION: PAYROLL SERVICE FEES. AMOUNT: 1,602. DESCRIPTION: TELEPHONE/INTERNET. AMOUNT: 1,802. DESCRIPTION: PAYROLL TAXES. AMOUNT: 8,080. DESCRIPTION: CO-CURRICULAR ACTIVITIES. AMOUNT: 4,720. DESCRIPTION: INSURANCE. AMOUNT: 2,995. DESCRIPTION: TRAVEL. AMOUNT: 3,600. DESCRIPTION: FUNDRAISER EXPENSES. AMOUNT: 6,145. DESCRIPTION: SUPPLIES. AMOUNT: 2,751. DESCRIPTION: STIPENDS. AMOUNT: 2,150. DESCRIPTION: VOLUNTEER EXPENSES. AMOUNT: 55. TOTAL TO FORM 990-EZ, LINE 16: 48,599. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 3,016. END OF YEAR AMOUNT: 2,051. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: BANK OVERDRAFT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,009. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2016-04-25 22:37:26Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | IYANA TENNON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4124256146 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-01-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VIRTUOUS ACADEMY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VIRT |
| ReturnHeader/Filer/EIN | 0 | 800277640 |
| ReturnHeader/Filer/PhoneNum | 0 | 4128966701 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | ONE LIBRARY PLACE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | DUQUESNE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 15110 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 251637458 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LOUIS PLUNG & COMPANY LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 420 FT DUQUESNE BLVD STE 1900 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PITTSBURGH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 15222 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4122818771 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOSEPH C ZOVKO |
| ReturnHeader/ReturnTs | 0 | 2016-02-09T12:43:24-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-06-30 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $2,051
- Liabilities
- $1,009
- Net assets
- $1,042
- Revenue
- $126,773
- Expenses
- $134,138
- Net income
- -$7,365