Civic Intelligence

Gray Collegiate Academy Inc

EIN 80-0912325 • 501(c)3 • West Columbia, SC

Profile

The mission of gray collegiate academy (gca) is to provide an outstanding academic and athletic program, with a college preparatory program in 9th and 10th grade and dual enrollment in 11th and 12th grade. Students will graduate from gca with an aa degree or 48-60 hours of credit, and with college scholarship opportunities.

3833 Leaphart RdWest Columbia, SC 29169

www.graycollegiateacademy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.93x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

2.14x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

64th percentile

11%

Higher net margin than 64% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

38th percentile

$215,948

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

33rd percentile

0.8%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

19%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$26,896,133

Down $1,599,409 (-5.6%) from 2022

Liabilities

Down

$26,406,174

Down $475,014 (-1.8%) from 2022

Net Assets

Down

$489,959

Down $1,124,395 (-70%) from 2022

Operations
Liabilities / Revenue88th percentileNet Margin64th percentile

Revenue

Up

$9,892,030

Up $1,686,452 (+21%) from 2022

Expenses

Up

$11,016,425

Up $2,874,470 (+35%) from 2022

Net Income

Down

-$1,124,395

Down $1,188,018 (-1867%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth33rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0-$10MAssets 2014: $21,333Liabilities 2014: $22,2952014Assets 2015: $9,124,971Liabilities 2015: $8,937,922Net Assets 2015: $187,0492015Assets 2016: $9,195,423Liabilities 2016: $8,882,692Net Assets 2016: $312,7312016Assets 2017: $9,187,749Liabilities 2017: $8,994,853Net Assets 2017: $192,8962017Assets 2018: $9,214,564Liabilities 2018: $9,200,114Net Assets 2018: $14,4502018Assets 2019: $9,816,263Liabilities 2019: $9,459,926Net Assets 2019: $356,3372019Assets 2020: $12,877,443Liabilities 2020: $12,910,483Net Assets 2020: -$33,0402020Assets 2021: $14,454,216Liabilities 2021: $12,903,485Net Assets 2021: $1,550,7312021Assets 2022: $28,495,542Liabilities 2022: $26,881,188Net Assets 2022: $1,614,3542022Assets 2023: $26,896,133Liabilities 2023: $26,406,174Net Assets 2023: $489,9592023

Highlighted filing

2023

Assets$26,896,133
Liabilities$26,406,174
Net Assets$489,959
Open 2023 Filing

Operations Trend

Revenue Growth70th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2014: $104,939Expenses 2014: $105,901Net Income 2014: -$9622014Revenue 2015: $3,471,248Expenses 2015: $3,283,237Net Income 2015: $188,0112015Revenue 2016: $4,493,517Expenses 2016: $4,367,835Net Income 2016: $125,6822016Revenue 2017: $4,415,329Expenses 2017: $4,535,164Net Income 2017: -$119,8352017Revenue 2018: $4,797,350Expenses 2018: $4,975,796Net Income 2018: -$178,4462018Revenue 2019: $5,376,152Expenses 2019: $5,034,265Net Income 2019: $341,8872019Revenue 2020: $5,601,432Expenses 2020: $5,990,809Net Income 2020: -$389,3772020Revenue 2021: $7,397,949Expenses 2021: $5,814,178Net Income 2021: $1,583,7712021Revenue 2022: $8,205,578Expenses 2022: $8,141,955Net Income 2022: $63,6232022Revenue 2023: $9,892,030Expenses 2023: $11,016,425Net Income 2023: -$1,124,3952023

Highlighted filing

2023

Revenue$9,892,030
Expenses$11,016,425
Net Income-$1,124,395
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$26,896,133
Liabilities
$26,406,174
Net assets
$489,959
Revenue
$9,892,030
Expenses
$11,016,425
Net income
-$1,124,395
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$26.9$26.4$0.49$9.89$11.0$1.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.5$26.9$1.61$8.21$8.14$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.5$12.9$1.55$7.40$5.81$1.58
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$12.9$0.03$5.60$5.99$0.39
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.82$9.46$0.36$5.38$5.03$0.34
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.21$9.20$0.01$4.80$4.98$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.19$8.99$0.19$4.42$4.54$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.20$8.88$0.31$4.49$4.37$0.13
2015Summary only. Only limited summary data is available for this year.$9.12$8.94$0.19$3.47$3.28$0.19
2014Summary only. Only limited summary data is available for this year.$0.02$0.02$0.10$0.11$0.00
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2018 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 25, 2018
Return Version
2017v2.3
Gross Receipts
$4,797,350
Mission and Program Overview

Mission

The mission of gray collegiate academy (gca) is to provide an outstanding academic and athletic program, with a college preparatory program in 9th and 10th grade and dual enrollment in 11th and 12th grade. Students will graduate from gca with an aa degree or 48-60 hours of credit, and with college scholarship opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,343,386$6,181,784▼ $161,602
Cash and Non-Interest-Bearing Accounts$672,037$888,249▲ $216,212
Prepaid Expenses and Deferred Charges$78,188$82,611▲ $4,423
Accounts Receivable$35,717$3,629▼ $32,088
Total Assets$9,187,749$9,214,564▲ $26,815
Other Assets Total$2,058,421$2,058,291▼ $130
Liabilities
Other Liabilities$8,921,387$9,055,499▲ $134,112
Accounts Payable and Accrued Expenses$73,466$144,615▲ $71,149
Total Liabilities$8,994,853$9,200,114▲ $205,261
Net Assets / Fund Balance
Unrestricted Net Assets$192,896$14,450▼ $178,446
Total Net Assets Fund Balance$192,896$14,450▼ $178,446
Total Liabilities and Net Assets / Fund Balance$9,187,749$9,214,564▲ $26,815

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,431,784$1,459,289$6,891,073
Land$750,000-$750,000
Other Assets Org$58,291--
Compensation and Service Providers
Top Officer Pay38th percentile

Board Members and Trustees

NameTitle
Teresa BrazellBrd. Chair-p
Brett MarloweDirector
Cedrick WrightDirector
Elizabeth SheridanDirector
Kendall MccartyDirector
Pennie PeaglerSecretary/tr
Jason FieldsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$4,528,684
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$268,666
Change in Net Assets
$-178,446

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,797,350
Total Revenue per Audited Statements
$4,797,350
Total Revenue per Form 990
$4,797,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,217,126
Salaries, Compensation, and Employee Benefits$1,758,670
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$617,739$615,746-$1,233,485
Interest-$673,562-$673,562
Fees for Services Management-$637,912-$637,912
Fees for Services Other$40,039$516,453-$556,492
Other Expenses$43,137$468,229-$511,366
Other Employee Benefits$263,211$235,533-$498,744
Depreciation Depletion$425,073--$425,073
Occupancy-$186,862-$186,862
Advertising-$76,383-$76,383
Fees for Services Accounting-$65,110-$65,110
Fees for Services Legal-$52,662-$52,662
Travel-$31,704-$31,704
Pension Plan Contributions$14,841$11,600-$26,441
Total Functional Expenses$1,404,040$3,571,756$0$4,975,796

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,975,796
Total Expenses per Audited Statements$4,975,796
Total Expenses per Form 990$4,975,796
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
Capital Lease Obligation$6,982,778
Notes Payable$2,072,721
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 3

“Management of the school was delegated to a pinnacle charter school management, a charter school management company, under the terms of a contract between the management company and the school. Oversight of the management company is performed by the board of directors.”

Form 990, Page 6, Part VI, Line 11B

“Copy of form 990 is provided to management representatives to review and approve prior to filing of return.”

Form 990, Page 6, Part VI, Line 19

“The public will be provided a copy of the school's form 990 upon request.”

Filing and Contact Details

Filer

Filer Name
Gray Collegiate Academy Inc
EIN
80-0912325
Phone
8039513321
Address
3833 LEAPHART RD, WEST COLUMBIA, SC 29169

Signing Officer

Name
Teresa Brazell
Title
Brd. Chair-president
Phone
2394721323
Signed
2018-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teresa Brazell
Formed
2013
Legal Domicile
Sc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
20

Preparer

Firm
Michael P Miller CPA Pl
Address
1648 PERIWINKLE WAY STE D, SANIBEL, FL 33957
Preparer
Michael P Miller CPA
Phone
2394721323
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The mission of gray collegiate academy (gca) is to provide an outstanding academic and athletic program, with a college preparatory program in 9th and 10th grade and dual enrollment in 11th and 12th grade. Students will graduate from gca with an aa degree or 48-60 hours of credit, and with college scholarship opportunities.”

Form 990, Page 2, Part III, Line 4D

“Gray collegiate academy (gca) was organized to provide an outstanding academic and athletic program, with a college preparatory program in 9th and 10th grade and dual enrollment in 11th and 12th grade. Gca strives to have students graduate with an aa degree or 48-60 hours of credit, and with college scholarship opportunities.”

Form 990, Part IX, Line 11G

“Subcontract instructors 40,039 0 0 communications 0 42,040 0 human resources 0 38,000 0 other 0 415,888 0 audit 0 20,525 0 total 40,039 516,453 0”

Raw XML AppendixShowing 400 of 402 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/ProgSrvcAccomActyOtherGrp/Desc0GRAY COLLEGIATE ACADEMY (GCA) WAS ORGANIZED TO PROVIDE AN OUTSTANDING ACADEMIC AND ATHLETIC PROGRAM, WITH A COLLEGE PREPARATORY PROGRAM IN 9TH AND 10TH GRADE AND DUAL ENROLLMENT IN 11TH AND 12TH GRADE. GCA STRIVES TO HAVE STUDENTS GRADUATE WITH AN AA DEGREE OR 48-60 HOURS OF CREDIT, AND WITH COLLEGE SCHOLARSHIP OPPORTUNITIES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01404040
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04249193
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt02895581
IRS990/PYOtherRevenueAmt0166136
IRS990/PYRevenuesLessExpensesAmt0-119835
IRS990/PYSalariesCompEmpBnftPaidAmt01639583
IRS990/PYTotalExpensesAmt04535164
IRS990/PYTotalRevenueAmt04415329
IRS990/ReconcilationRevenueExpnssAmt0-178446
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt04975796
IRS990ScheduleD/LandGrp/BookValueAmt0750000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0750000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02000000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt158291
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NOTE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05431784
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01459289
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06891073
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06982778
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12072721
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTES PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt04797350
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06181784
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02058291
IRS990ScheduleD/TotalExpensesPerForm990Amt04975796
IRS990ScheduleD/TotalLiabilityAmt09055499
IRS990ScheduleD/TotalRevenuePerForm990Amt04797350
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04797350
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04975796
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 ORGANIZATION INCLUDES A NONDISCIMINATION STATEMENT IN ITS PUBLISHED MATERIAL, WEBSITE AND CHARTER APPLICATION MATERIAL SO THE POLICY CAN BE KNOWN TO ALL PARTS OF THE GENERAL COMMUNITY IT SERVES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1LINE 6A - THE ORGANIZATION RECEIVES FINANCIAL SUPPORT THROUGH VARIOUS STATE OF SOUTH CAROLINA AND FEDERAL PROGRAMS WHICH SUPPORT THE START UP ACTIVITIES OF THE ORGANIZATION AND THE ON-GOING FUNDING FOR ITS HIGH SCHOOL EDUCATION PROGRAM.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF GRAY COLLEGIATE ACADEMY (GCA) IS TO PROVIDE AN OUTSTANDING ACADEMIC AND ATHLETIC PROGRAM, WITH A COLLEGE PREPARATORY PROGRAM IN 9TH AND 10TH GRADE AND DUAL ENROLLMENT IN 11TH AND 12TH GRADE. STUDENTS WILL GRADUATE FROM GCA WITH AN AA DEGREE OR 48-60 HOURS OF CREDIT, AND WITH COLLEGE SCHOLARSHIP OPPORTUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRAY COLLEGIATE ACADEMY (GCA) WAS ORGANIZED TO PROVIDE AN OUTSTANDING ACADEMIC AND ATHLETIC PROGRAM, WITH A COLLEGE PREPARATORY PROGRAM IN 9TH AND 10TH GRADE AND DUAL ENROLLMENT IN 11TH AND 12TH GRADE. GCA STRIVES TO HAVE STUDENTS GRADUATE WITH AN AA DEGREE OR 48-60 HOURS OF CREDIT, AND WITH COLLEGE SCHOLARSHIP OPPORTUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT OF THE SCHOOL WAS DELEGATED TO A PINNACLE CHARTER SCHOOL MANAGEMENT, A CHARTER SCHOOL MANAGEMENT COMPANY, UNDER THE TERMS OF A CONTRACT BETWEEN THE MANAGEMENT COMPANY AND THE SCHOOL. OVERSIGHT OF THE MANAGEMENT COMPANY IS PERFORMED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPY OF FORM 990 IS PROVIDED TO MANAGEMENT REPRESENTATIVES TO REVIEW AND APPROVE PRIOR TO FILING OF RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PUBLIC WILL BE PROVIDED A COPY OF THE SCHOOL'S FORM 990 UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SUBCONTRACT INSTRUCTORS 40,039 0 0 COMMUNICATIONS 0 42,040 0 HUMAN RESOURCES 0 38,000 0 OTHER 0 415,888 0 AUDIT 0 20,525 0 TOTAL 40,039 516,453 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
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IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0RELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0HR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0GRAY COLLEGIATE ACADEMY LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt01648 PERIWINKLE WAY SUITE D
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0SANIBEL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd033957
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0GRAY COLLEGIATE ACADEMY LP WAS FORMED FOR THE PURPOSE OF SECURING CAPITAL TO ADVANCE FUNDING TO THE DEVELOPER AND OWNER OF THE SCHOOL FACILITY. IN ORDER TO ACCESS THE EB-5 IMMIGRANT INVESTOR PROGRAM FUNDING, THE PARTNERSHIP IS REQUIRED TO EMPLOY ALL TEACHERS AND STAFF ASSOCIATED WITH THE SCHOOL. THE PARTNERSHIP RECEIVED 2.0 MILLION IN CAPITAL ADVANCED FROM FOUR PARTNERS DURING THE FISCAL YEAR AND IMMEDIATELY ADVANCED THESE PROCEEDS TO THE DEVELOPER.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt09214564
IRS990/TotalAssetsGrp/BOYAmt09187749
IRS990/TotalAssetsGrp/EOYAmt09214564
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04528684
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03571756
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01404040
IRS990/TotalFunctionalExpensesGrp/TotalAmt04975796
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08994853
IRS990/TotalLiabilitiesEOYAmt09200114
IRS990/TotalLiabilitiesGrp/BOYAmt08994853
IRS990/TotalLiabilitiesGrp/EOYAmt09200114
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0192896
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt014450
IRS990/TotalOtherProgSrvcExpenseAmt01404040
IRS990/TotalProgramServiceExpensesAmt01404040
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0268666
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04797350
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09187749
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09214564
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt031704
IRS990/TravelGrp/TotalAmt031704
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0192896
IRS990/UnrestrictedNetAssetsGrp/EOYAmt014450
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03833 LEAPHART ROAD
IRS990/USAddress/CityNm0WEST COLUMBIA
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029169
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.GRAYCOLLEGIATEACADEMY.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERESA BRAZELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BRD. CHAIR-PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02394721323
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRAY COLLEGIATE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAY
ReturnHeader/Filer/EIN0800912325
ReturnHeader/Filer/PhoneNum08039513321
ReturnHeader/Filer/USAddress/AddressLine1Txt03833 LEAPHART RD
ReturnHeader/Filer/USAddress/CityNm0WEST COLUMBIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029169
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId057FBA15F42974BA371E22C466124BE70B5034B3E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId084099A461097E170D87EB6BDCF08AD60A808579D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.28.21.126
ReturnHeader/FilingSecurityInformation/IPDt02018-10-29
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm007:07:47
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454334033
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MICHAEL P MILLER CPA PL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01648 PERIWINKLE WAY STE D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SANIBEL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033957
ReturnHeader/PreparerPersonGrp/PhoneNum02394721323
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL P MILLER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-10-29T08:07:47-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01

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