Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Owasso Preparatory Academy Incorporated
990EZ • Fiscal year 2017 • EIN 81-3075864
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.67x
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
68th percentile
Higher net margin than 68% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 9.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$52,882
No earlier filing loaded for comparison.
Net Assets
$17,340
No earlier filing loaded for comparison.
Liabilities
$35,542
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$132,898
No earlier filing loaded for comparison.
Expenses
$115,558
No earlier filing loaded for comparison.
Net Income
$17,340
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2016 to Jun 30, 2017
- Signed
- Feb 22, 2019
- Return Version
- 2016v3.0
- Gross Receipts
- $134,852
Mission and Program Overview
Mission
Owasso preparatory academy is a private christian school in the hybrid model. The corporation's mission is to partner with parents to prepare students for higher education through exceptional academics, quality extra-curricular activities, and purposeful
Incorporated on June 6th of 2016, Owasso Preparatory Academy is a private Christian school in the University-Model. The corporation's mission is to partner with parents to prepare students for higher education through exceptional academics, quality extra-cirricular activities, and purposeful development of Christ-like character. The Corporation bases its educational philosphy on three main components: (1) a biblical foundation, (2) preparing each student for higher education, and (3) emphasizing the parent's vital role in their child's education.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Owasso Preparatory Academy provides education and training in Language Arts, Mathematics, Science, History, Physical Education, and various extracurricular classes. Extracurricular classes offered in the 2016-2017 Academic year included Spanish, Art, Music, and Drama. | $0 | $114,305 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Tiffany Rinas | President; School Administrator | - | $12,000 | - | $12,000 |
| Emily Meade | Secretary | - | $0 | - | - |
| Craig Rinas | Treasurer | - | $0 | - | - |
| Maribeth Bousum | Board Officer | - | $0 | - | - |
| Haley Miller | Board Officer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Owasso Preparatory Academy Inc
- EIN
- 81-3075864
- Phone
- 9183780344
- Address
- PO Box 142, Owasso, OK 74055
Signing Officer
- Name
- Tiffany Rinas
- Title
- Board President
- Phone
- 9183780344
- Signed
- 2019-02-22
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Preston Smith PLLC
- Address
- 8118 East 63rd Street, Tulsa, OK 74133
- Preparer
- Preston Smith CPA
- Phone
- 9182501040
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: Payroll Fees. Amount: 200. Description: Credit Card Fees. Amount: 13. Description: Tuition Discounts. Amount: 11,758. Description: Bad Debt. Amount: 1,220. Description: Start-up Expense. Amount: 3,299. Description: General Liability Insurance. Amount: 2,363. Description: Office Supplies & Equipment. Amount: 9,308. Description: Dues & Subscriptions. Amount: 2,214. Description: Advertising & Promotion. Amount: 1,759. Description: Travel. Amount: 753. Description: Community Contributions. Amount: 270. Description: School Cirriculum. Amount: 16,512. Description: Field Trip Expense. Amount: 733. Description: Yearbook Expense. Amount: 352. Total to Form 990-EZ, line 16: 50,754.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: Accounts Receivable. Beg. of Year Amount: 0. End of Year Amount: 12,244.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: Accounts Payable. Beg. of Year Amount: 0. End of Year Amount: 449. Description: Deferred Liability. Beg. of Year Amount: 0. End of Year Amount: 35,093.”
Raw XML Appendix174 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 | Craig Rinas |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9183780344 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6452 S Ridgeway Rd |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Owasso |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OK |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 74055 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 40638 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 25604 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 17340 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 215 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 52882 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 2568 |
| IRS990EZ/GrossReceiptsAmt | 0 | 134852 |
| 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/MembershipDuesAmt | 0 | 1650 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 17340 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 17340 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 5510 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 12000 |
| 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 | Tiffany Rinas |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Emily Meade |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Craig Rinas |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Maribeth Bousum |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Haley Miller |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President; School Administrator |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Board Officer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Board Officer |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 12244 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 50754 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Incorporated on June 6th of 2016, Owasso Preparatory Academy is a private Christian school in the University-Model. The corporation's mission is to partner with parents to prepare students for higher education through exceptional academics, quality extra-cirricular activities, and purposeful development of Christ-like character. The Corporation bases its educational philosphy on three main components: (1) a biblical foundation, (2) preparing each student for higher education, and (3) emphasizing the parent's vital role in their child's education. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 50 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 105030 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Owasso Preparatory Academy provides education and training in Language Arts, Mathematics, Science, History, Physical Education, and various extracurricular classes. Extracurricular classes offered in the 2016-2017 Academic year included Spanish, Art, Music, and Drama. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 114305 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 59029 |
| IRS990EZ/SchoolOperatingInd | 0 | 1 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 1954 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 614 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | OK |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 35542 |
| 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 | 115558 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 114305 |
| IRS990EZ/TotalRevenueAmt | 0 | 132898 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | owassoprep.org |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| 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 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: Payroll Fees. Amount: 200. Description: Credit Card Fees. Amount: 13. Description: Tuition Discounts. Amount: 11,758. Description: Bad Debt. Amount: 1,220. Description: Start-up Expense. Amount: 3,299. Description: General Liability Insurance. Amount: 2,363. Description: Office Supplies & Equipment. Amount: 9,308. Description: Dues & Subscriptions. Amount: 2,214. Description: Advertising & Promotion. Amount: 1,759. Description: Travel. Amount: 753. Description: Community Contributions. Amount: 270. Description: School Cirriculum. Amount: 16,512. Description: Field Trip Expense. Amount: 733. Description: Yearbook Expense. Amount: 352. Total to Form 990-EZ, line 16: 50,754. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: Accounts Receivable. Beg. of Year Amount: 0. End of Year Amount: 12,244. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: Accounts Payable. Beg. of Year Amount: 0. End of Year Amount: 449. Description: Deferred Liability. Beg. of Year Amount: 0. End of Year Amount: 35,093. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part II, Line 24 - Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | 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 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Tiffany Rinas |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Board President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9183780344 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-02-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Owasso Preparatory Academy Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | OWAS |
| ReturnHeader/Filer/EIN | 0 | 813075864 |
| ReturnHeader/Filer/PhoneNum | 0 | 9183780344 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 142 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Owasso |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | OK |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 74055 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 4D4C094051158AE1FFF843D9E6207C49A63CCDE7 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | F942353746019BCCCF3564A2487794A41EAF78A2 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 64.207.236.90 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-02-22 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 10:35:04 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 453944293 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Preston Smith PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 8118 East 63rd Street |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Tulsa |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | OK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 74133 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9182501040 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-02-22 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Preston Smith CPA |
| ReturnHeader/ReturnTs | 0 | 2019-03-07T11:39:53-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-06-30 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $52,882
- Liabilities
- $35,542
- Net assets
- $17,340
- Revenue
- $132,898
- Expenses
- $115,558
- Net income
- $17,340