Civic Intelligence

Vanguard Gifted Academy

990 • Fiscal year 2018 • EIN 82-1169890

Jul 01, 2017 to Jun 30, 2018 • Filed on Aug 20, 2018

Organization Profilewww.vanguardgiftedacademy.org
1078 E WilsonBatavia, IL 60510

(224) 213-0087

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.93x

Higher debt load relative to assets than 93% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

2.66x

Higher debt load relative to revenue than 95% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

82nd percentile

27%

Higher net margin than 82% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

57th percentile

$27,985

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / Assets93rd percentile

Assets

$736,113

No earlier filing loaded for comparison.

Net Assets

$54,074

No earlier filing loaded for comparison.

Liabilities

$682,039

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin82nd percentile

Revenue

$256,655

No earlier filing loaded for comparison.

Expenses

$186,321

No earlier filing loaded for comparison.

Net Income

$70,334

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.5M$1.0M$500K$0Assets 2018: $736,113Liabilities 2018: $682,039Net Assets 2018: $54,0742018Assets 2019: $918,563Liabilities 2019: $800,889Net Assets 2019: $117,6742019Assets 2020: $990,699Liabilities 2020: $800,037Net Assets 2020: $190,6622020Assets 2021: $1,162,304Liabilities 2021: $980,249Net Assets 2021: $182,0552021Assets 2022: $864,712Liabilities 2022: $659,981Net Assets 2022: $204,7312022Assets 2023: $832,293Liabilities 2023: $623,657Net Assets 2023: $208,6362023Assets 2024: $811,459Liabilities 2024: $649,199Net Assets 2024: $162,2602024Assets 2025: $977,104Liabilities 2025: $846,694Net Assets 2025: $130,4102025

Highlighted filing

2018

Assets$736,113
Liabilities$682,039
Net Assets$54,074
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2018: $256,655Expenses 2018: $186,321Net Income 2018: $70,3342018Revenue 2019: $253,896Expenses 2019: $192,844Net Income 2019: $61,0522019Revenue 2020: $335,987Expenses 2020: $265,405Net Income 2020: $70,5822020Revenue 2021: $375,269Expenses 2021: $357,776Net Income 2021: $17,4932021Revenue 2022: $429,133Expenses 2022: $401,198Net Income 2022: $27,9352022Revenue 2023: $351,809Expenses 2023: $345,520Net Income 2023: $6,2892023Revenue 2024: $239,584Expenses 2024: $292,866Net Income 2024: -$53,2822024Revenue 2025: $237,264Expenses 2025: $281,626Net Income 2025: -$44,3622025

Highlighted filing

2018

Revenue$256,655
Expenses$186,321
Net Income$70,334
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Aug 20, 2018
Return Version
2017v2.2
Gross Receipts
$256,655
Mission and Program Overview

Mission

The Academy operates an independent school for intellectually gifted and talented students. The Academys mission is to offer a challenging curriculum in a unique educational community that develops a students strengths, interests and potential for the future.

Vanguard Gifted Academy will provide an enriched learning environment needed to engage gifted children in their learning of curricular schools, social emotional skills and traits for future success for problem solving and presentation of knowledge to an authentic audience.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$669,857-
Loans From Officers Directors-$204,000-
Cash and Non-Interest-Bearing Accounts$17,742$38,987▲ $21,245
Investments in Publicly Traded Securities-$18,323-
Prepaid Expenses and Deferred Charges-$8,946-
Total Assets$17,742$736,113▲ $718,371
Liabilities
Mortgage Notes Payable Secured by Investment Property-$468,633-
Deferred Revenue$32,600--
Other Liabilities-$9,406-
Total Liabilities$32,600$682,039▲ $649,439
Net Assets / Fund Balance
Unrestricted Net Assets$-14,858$54,074▲ $68,932
Total Net Assets Fund Balance$-14,858$54,074▲ $68,932
Total Liabilities and Net Assets / Fund Balance$17,742$736,113▲ $718,371

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$441,857$10,143-
Land$228,000--
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Shannon HolubTreasurerFT$27,985$27,985
Stacey SpearsRecording SecretaryFT$24,034$24,034
Elizabeth BlaetzPresidentFT$6,154$6,154
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$256,282
Investment Income
$373
Other Revenue
$0
Change in Net Assets
$70,334
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$121,982
Salaries, Compensation, and Employee Benefits$64,339
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$30,000$28,247-$58,247
Interest-$37,679-$37,679
Fees for Services Other-$22,343-$22,343
Fees for Services Legal-$12,490-$12,490
Advertising-$10,578-$10,578
Depreciation Depletion-$10,143-$10,143
Payroll Taxes$4,000$2,092-$6,092
Insurance-$4,312-$4,312
All Other Expenses-$3,993-$3,993
Fees for Services Accounting-$3,693-$3,693
Office Expenses-$1,652-$1,652
Other Expenses$4,841$78-$78
Travel-$5-$5
Total Functional Expenses$38,841$147,480$0$186,321
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$204,000-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Real Estate Escrow$8,946
Payroll Liabilities$460
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“No review was or will be conducted.”

Governing documents etc available to public Part VI line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Vanguard Gifted Academy
EIN
82-1169890
Address
1078 E Wilson, Batavia, IL 60510

Signing Officer

Name
Elizabeth Blaetz
Title
President
Phone
2242130087
Signed
2018-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Blaetz
Formed
2017
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
2
Employees
3

Preparer

Firm
Halliwell Tax & Business Services
Address
201 Houston St Suite 210, Batavia, IL 60510
Preparer
Walter G Halliwell
Phone
6304068283
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“Contractors - 22343”

List of other expenses Part IX line 24E

“Bank Service Charges - 78Automobile Expense - 211Lease Deposits - 860Furnishings - 114Job Supplies - 126Meals & Entertainment - 115Other Business Exp - 1658Professional Development - 559Repairs & Maintenance - 3544Taxes & Licenses - 16Utilities - 6631Cost of Goods Sold - 334Student Supplies - 4841”

Raw XML Appendix336 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Vanguard Gifted Academy will provide an enriched learning environment needed to engage gifted children in their learning of curricular schools, social emotional skills and traits for future success for problem solving and presentation of knowledge to an authentic audience.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt010578
IRS990/AdvertisingGrp/TotalAmt010578
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03993
IRS990/AllOtherExpensesGrp/TotalAmt03993
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Elizabeth Blaetz
IRS990/BooksInCareOfDetail/PhoneNum02242130087
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0147 S Benton St
IRS990/BooksInCareOfDetail/USAddress/CityNm0Palatine
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060067
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt017742
IRS990/CashNonInterestBearingGrp/EOYAmt038987
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt028247
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt030000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt058247
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0373
IRS990/CYOtherExpensesAmt0121982
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0256282
IRS990/CYRevenuesLessExpensesAmt070334
IRS990/CYSalariesCompEmpBnftPaidAmt064339
IRS990/CYTotalExpensesAmt0186321
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0256655
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt032600
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt010143
IRS990/DepreciationDepletionGrp/TotalAmt010143
IRS990/Desc0Vanguard Gifted Academy will provide an enriched learning environment needed to engage gifted children in their learning of curricular schools, social emotional skills and traits for future success that include but are not limited to: collabaration, innovation, leadership, project planning and execution, process for problem solving and presentation of knowledge to an authentic audience.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt038841
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03693
IRS990/FeesForServicesAccountingGrp/TotalAmt03693
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt012490
IRS990/FeesForServicesLegalGrp/TotalAmt012490
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt022343
IRS990/FeesForServicesOtherGrp/TotalAmt022343
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0Elizabeth Blaetz
IRS990/Form990PartVIISectionAGrp/PersonNm1Shannon Holub
IRS990/Form990PartVIISectionAGrp/PersonNm2Stacey Spears
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt06154
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt127985
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt224034
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Recording Secretary
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0256655
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04312
IRS990/InsuranceGrp/TotalAmt04312
IRS990/InterestGrp/ManagementAndGeneralAmt037679
IRS990/InterestGrp/TotalAmt037679
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0373
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0373
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/EOYAmt018323
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt03
IRS990/LandBldgEquipAccumDeprecAmt010143
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0669857
IRS990/LandBldgEquipCostOrOtherBssAmt0680000
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0204000
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Vanguard Gifted Academy will provide an enriched learning environment needed to engage gifted children in their learning of curricular schools, social emotional skills and traits for future success for problem solving and presentation of knowledge to an authentic audience.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0468633
IRS990/NetAssetsOrFundBalancesBOYAmt0-14858
IRS990/NetAssetsOrFundBalancesEOYAmt054074
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1402
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01652
IRS990/OfficeExpensesGrp/TotalAmt01652
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Utilities
IRS990/OtherExpensesGrp/Desc1Student Supplies
IRS990/OtherExpensesGrp/Desc2Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc3Bank Service Charges
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06631
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13544
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt278
IRS990/OtherExpensesGrp/ProgramServicesAmt04841
IRS990/OtherExpensesGrp/TotalAmt06631
IRS990/OtherExpensesGrp/TotalAmt14841
IRS990/OtherExpensesGrp/TotalAmt23544
IRS990/OtherExpensesGrp/TotalAmt378
IRS990/OtherLiabilitiesGrp/EOYAmt09406
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02092
IRS990/PayrollTaxesGrp/ProgramServicesAmt04000
IRS990/PayrollTaxesGrp/TotalAmt06092
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08946
IRS990/PrincipalOfficerNm0Elizabeth Blaetz
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
IRS990/ProgramServiceRevenueGrp/Desc1Donation
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0205056
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt151226
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0205056
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt151226
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt014858
IRS990/PYRevenuesLessExpensesAmt0-14858
IRS990/PYTotalExpensesAmt014858
IRS990/ReconcilationRevenueExpnssAmt070334
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0256282
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0441857
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010143
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0452000
IRS990ScheduleD/LandGrp/BookValueAmt0228000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0228000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08946
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1460
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred Real Estate Escrow
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll Liabilities
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0669857
IRS990ScheduleD/TotalLiabilityAmt09406
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0No Scholarships have been awarded.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Record maintenances (Questions 4a, 4b, 4c or 4d)
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0204000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Purchase Building
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0204000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Elizabeth Blaetz
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0President & Founder
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt0204000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Contractors - 22343
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Bank Service Charges - 78Automobile Expense - 211Lease Deposits - 860Furnishings - 114Job Supplies - 126Meals & Entertainment - 115Other Business Exp - 1658Professional Development - 559Repairs & Maintenance - 3544Taxes & Licenses - 16Utilities - 6631Cost of Goods Sold - 334Student Supplies - 4841
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt017742
IRS990/TotalAssetsEOYAmt0736113
IRS990/TotalAssetsGrp/BOYAmt017742
IRS990/TotalAssetsGrp/EOYAmt0736113
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0147480
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt038841
IRS990/TotalFunctionalExpensesGrp/TotalAmt0186321
IRS990/TotalGrossUBIAmt0373
IRS990/TotalLiabilitiesBOYAmt032600
IRS990/TotalLiabilitiesEOYAmt0682039
IRS990/TotalLiabilitiesGrp/BOYAmt032600
IRS990/TotalLiabilitiesGrp/EOYAmt0682039
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-14858
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt054074
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt038841
IRS990/TotalProgramServiceRevenueAmt0256282
IRS990/TotalReportableCompFromOrgAmt058173
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0256282
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0256655
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0373
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt017742
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0736113
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt05
IRS990/TravelGrp/TotalAmt05
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-14858
IRS990/UnrestrictedNetAssetsGrp/EOYAmt054074
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0147 S Benton St
IRS990/USAddress/CityNm0Palatine
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060067
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0www.vanguardgiftedacademy.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Elizabeth Blaetz
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02242130087
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Vanguard Gifted Academy
ReturnHeader/Filer/BusinessNameControlTxt0VANG
ReturnHeader/Filer/EIN0821169890
ReturnHeader/Filer/USAddress/AddressLine1Txt01078 E Wilson
ReturnHeader/Filer/USAddress/CityNm0Batavia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060510
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0859EA93549BA2985E322B24B5A3F564BD653D98B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0859EA93549BA2985E322B24B5A3F564BD653D98B
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId01594792018247eaca5nk
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-09-04
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.87.101.77
ReturnHeader/FilingSecurityInformation/IPDt02018-09-04
ReturnHeader/FilingSecurityInformation/IPTm017:42:40
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0465624153
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Halliwell Tax & Business Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 Houston St Suite 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Batavia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060510
ReturnHeader/PreparerPersonGrp/PhoneNum06304068283
ReturnHeader/PreparerPersonGrp/PreparationDt02018-09-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Walter G Halliwell
ReturnHeader/ReturnTs02018-09-04T17:41:40-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$736,113
Liabilities
$682,039
Net assets
$54,074
Revenue
$256,655
Expenses
$186,321
Net income
$70,334
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.98$0.85$0.13$0.24$0.28$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.81$0.65$0.16$0.24$0.29$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.83$0.62$0.21$0.35$0.35$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.86$0.66$0.20$0.43$0.40$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.16$0.98$0.18$0.38$0.36$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.80$0.19$0.34$0.27$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.92$0.80$0.12$0.25$0.19$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.74$0.68$0.05$0.26$0.19$0.07