Civic Intelligence

Invictus Academy Inc.

990 • Fiscal year 2019 • EIN 82-3352415

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 15, 2020

Organization ProfileWWW.INVICTUSOFRICHMOND.ORG

View Organization Page

1121 Allview AveEl Sobrante, CA 94803

(510) 964-7581

Siviq Scores

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

Liabilities / Assets

85th percentile

0.62x

Higher debt load relative to assets than 85% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

69th percentile

0.24x

Higher debt load relative to revenue than 69% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

67th percentile

11%

Higher net margin than 67% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

71st percentile

$105,500

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Balance Sheet
Liabilities / Assets85th percentile

Assets

$592,928

No earlier filing loaded for comparison.

Net Assets

$225,196

No earlier filing loaded for comparison.

Liabilities

$367,732

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin67th percentile

Revenue

$1,512,756

No earlier filing loaded for comparison.

Expenses

$1,341,096

No earlier filing loaded for comparison.

Net Income

$171,660

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.

$3.0M$2.0M$1.0M$0Assets 2019: $592,928Liabilities 2019: $367,732Net Assets 2019: $225,1962019Assets 2020: $1,206,246Liabilities 2020: $593,800Net Assets 2020: $612,4462020Assets 2021: $1,645,075Liabilities 2021: $726,511Net Assets 2021: $918,5642021Assets 2022: $1,561,143Liabilities 2022: $459,116Net Assets 2022: $1,102,0272022Assets 2023: $2,635,818Liabilities 2023: $1,477,505Net Assets 2023: $1,158,3132023Assets 2024: $2,112,077Liabilities 2024: $945,623Net Assets 2024: $1,166,4542024

Highlighted filing

2019

Assets$592,928
Liabilities$367,732
Net Assets$225,196
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2019: $1,512,756Expenses 2019: $1,341,096Net Income 2019: $171,6602019Revenue 2020: $2,295,308Expenses 2020: $1,908,058Net Income 2020: $387,2502020Revenue 2021: $2,998,318Expenses 2021: $2,692,200Net Income 2021: $306,1182021Revenue 2022: $3,624,686Expenses 2022: $3,441,223Net Income 2022: $183,4632022Revenue 2023: $4,972,295Expenses 2023: $4,916,009Net Income 2023: $56,2862023Revenue 2024: $6,453,486Expenses 2024: $6,445,345Net Income 2024: $8,1412024

Highlighted filing

2019

Revenue$1,512,756
Expenses$1,341,096
Net Income$171,660
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 15, 2020
Return Version
2018v3.1
Gross Receipts
$1,512,756
Mission and Program Overview

Mission

Invictus academy of richmond prepares 100% of students in grades 7-10 to thrive in the colleges of their choice, solve relevant problems, and communicate with confidence.

Invictus academy of richmond prepares 100% of students in grades 7-12 to thrive in college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$255,729$444,003▲ $188,274
Accounts Receivable-$123,329-
Prepaid Expenses and Deferred Charges$1,184$25,596▲ $24,412
Total Assets$256,913$592,928▲ $336,015
Liabilities
Unsecured Notes Loans Payable-$250,000-
Accounts Payable and Accrued Expenses$3,377$116,748▲ $113,371
Deferred Revenue$200,000$984▼ $199,016
Total Liabilities$203,377$367,732▲ $164,355
Net Assets / Fund Balance
Unrestricted Net Assets$53,536$225,196▲ $171,660
Total Net Assets Fund Balance$53,536$225,196▲ $171,660
Total Liabilities and Net Assets / Fund Balance$256,913$592,928▲ $336,015
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Gautam ThaparExecutive DirectorFT$105,500$105,500

Board Members and Trustees

NameTitle
Jeff ManasseroBoard Chair
Chris KellyVice Chair
Caroline KusinMember
Nora MartinMember
Rhonda BurtonMember
Tana MonteiroMember
Karen NorwoodSecretary
Ashwin RaviTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,509,298
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$3,458
All Other Contributions
$330,886
Change in Net Assets
$171,660

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,512,756
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,512,756
Total Revenue per Form 990
$1,512,756
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$692,119
Salaries, Compensation, and Employee Benefits$648,977
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$476,858$15,000-$491,858
Fees for Services Other$188,725$9,710-$198,435
Office Expenses$57,472$16,254-$73,726
Fees for Services Accounting$18,081$50,190-$68,271
Occupancy-$66,690-$66,690
Current Officers, Directors, Trustees, and Key Employees$40,799$10,200-$50,999
Other Employee Benefits$47,537$3,322-$50,859
Payroll Taxes$42,070$2,988-$45,058
Information Technology$33,616$1,145-$34,761
All Other Expenses$15,395$18,044-$33,439
Advertising$25,202--$25,202
Fees for Services Legal-$20,407-$20,407
Insurance$13,941--$13,941
Other Expenses$13,389$44,010-$13,389
Pension Plan Contributions$9,674$529-$10,203
Conferences and Meetings$2,408--$2,408
Travel$533--$533
Total Functional Expenses$1,082,607$258,489$0$1,341,096

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,341,096
Total Expenses per Audited Statements$1,341,096
Total Expenses per Form 990$1,341,096
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
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 family members
No
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
Yes
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 B, Line 11B

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised return is then submitted to the board of directors for their review and approval prior to submitting to the irs.”

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

“Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.”

Form 990, Part VI, Section B, Line 15

“The executive director's pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the executive director's compensation as a direct action. The officers and key employees' pay is determine based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the officers and key employees' compensation as a direct action.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Invictus Academy Inc
EIN
82-3352415
Phone
5109647581
Address
1121 ALLVIEW AVE, EL SOBRANTE, CA 94803

Signing Officer

Name
Gautam Thapar
Title
Executive Director
Phone
5109647581
Signed
2020-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gautam Thapar
Formed
2018
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
10
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Wade Mcmullen
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Sped instructors: program service expenses 172,359. Management and general expenses 0. Fundraising expenses 0. Total expenses 172,359. Other fees for services: program service expenses 16,366. Management and general expenses 9,710. Fundraising expenses 0. Total expenses 26,076.”

FORM 990, PART XII, LINE 2C:

“This is the first audit for the academy.”

Financial Statement Notes

PART X, LINE 2:

“The academy is a nonprofit entity exempt from the payment of income taxes under internal revenue code section 501(c)(3) and california revenue and taxation code section 23701d. Accordingly, no provision has been made for income taxes. Management has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. The academy is subject to income tax on net income that is derived from business activities that are unrelated to the exempt purposes. The academy files and exempt academy return and applicable unrelated business income tax return in the u.s. Federal jurisdiction and with the california franchise tax board.”

Raw XML AppendixShowing 400 of 422 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03377
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0116748
IRS990/AccountsReceivableGrp/EOYAmt0123329
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0INVICTUS ACADEMY OF RICHMOND PREPARES 100% OF STUDENTS IN GRADES 7-12 TO THRIVE IN COLLEGE.
IRS990/AdvertisingGrp/ProgramServicesAmt025202
IRS990/AdvertisingGrp/TotalAmt025202
IRS990/AllOtherContributionsAmt0330886
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt018044
IRS990/AllOtherExpensesGrp/ProgramServicesAmt015395
IRS990/AllOtherExpensesGrp/TotalAmt033439
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0EDTEC
IRS990/BooksInCareOfDetail/PhoneNum05106633500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01410-A 62ND STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0EMERYVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094608
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0255729
IRS990/CashNonInterestBearingGrp/EOYAmt0444003
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt010200
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt040799
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt050999
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02408
IRS990/ConferencesMeetingsGrp/TotalAmt02408
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01509298
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0692119
IRS990/CYOtherRevenueAmt03458
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0171660
IRS990/CYSalariesCompEmpBnftPaidAmt0648977
IRS990/CYTotalExpensesAmt01341096
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01512756
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0200000
IRS990/DeferredRevenueGrp/EOYAmt0984
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0INVICTUS ACADEMY OF RICHMOND PREPARES 100% OF STUDENTS IN GRADES 7-12 TO THRIVE IN THE COLLEGES OF THEIR CHOICE, SOLVE RELEVANT PROBLEMS, AND COMMUNICATE WITH CONFIDENCE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01082607
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt050190
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt018081
IRS990/FeesForServicesAccountingGrp/TotalAmt068271
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt020407
IRS990/FeesForServicesLegalGrp/TotalAmt020407
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt09710
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0188725
IRS990/FeesForServicesOtherGrp/TotalAmt0198435
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFF MANASSERO
IRS990/Form990PartVIISectionAGrp/PersonNm1CHRIS KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm2ASHWIN RAVI
IRS990/Form990PartVIISectionAGrp/PersonNm3KAREN NORWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm4TANA MONTEIRO
IRS990/Form990PartVIISectionAGrp/PersonNm5NORA MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm6CAROLINE KUSIN
IRS990/Form990PartVIISectionAGrp/PersonNm7RHONDA BURTON
IRS990/Form990PartVIISectionAGrp/PersonNm8GAUTAM THAPAR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8105500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt01178412
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01512756
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01145
IRS990/InformationTechnologyGrp/ProgramServicesAmt033616
IRS990/InformationTechnologyGrp/TotalAmt034761
IRS990/InsuranceGrp/ProgramServicesAmt013941
IRS990/InsuranceGrp/TotalAmt013941
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0INVICTUS ACADEMY OF RICHMOND PREPARES 100% OF STUDENTS IN GRADES 7-12 TO THRIVE IN THE COLLEGES OF THEIR CHOICE, SOLVE RELEVANT PROBLEMS, AND COMMUNICATE WITH CONFIDENCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt053536
IRS990/NetAssetsOrFundBalancesEOYAmt0225196
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt066690
IRS990/OccupancyGrp/TotalAmt066690
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016254
IRS990/OfficeExpensesGrp/ProgramServicesAmt057472
IRS990/OfficeExpensesGrp/TotalAmt073726
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03322
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt047537
IRS990/OtherEmployeeBenefitsGrp/TotalAmt050859
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc1STUDENT FOOD SERVICES
IRS990/OtherExpensesGrp/Desc2FINES AND PENALTIES
IRS990/OtherExpensesGrp/Desc3DUES AND MEMBERSHIPS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt044010
IRS990/OtherExpensesGrp/ProgramServicesAmt052441
IRS990/OtherExpensesGrp/ProgramServicesAmt144466
IRS990/OtherExpensesGrp/ProgramServicesAmt213389
IRS990/OtherExpensesGrp/TotalAmt052441
IRS990/OtherExpensesGrp/TotalAmt144466
IRS990/OtherExpensesGrp/TotalAmt244010
IRS990/OtherExpensesGrp/TotalAmt313389
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0UNIFORMS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03458
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03458
IRS990/OtherRevenueTotalAmt03458
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt015000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0476858
IRS990/OtherSalariesAndWagesGrp/TotalAmt0491858
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02988
IRS990/PayrollTaxesGrp/ProgramServicesAmt042070
IRS990/PayrollTaxesGrp/TotalAmt045058
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0529
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt09674
IRS990/PensionPlanContributionsGrp/TotalAmt010203
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01184
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025596
IRS990/PrincipalOfficerNm0GAUTAM THAPAR
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0202659
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09
IRS990/PYOtherExpensesAmt025688
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt053536
IRS990/PYSalariesCompEmpBnftPaidAmt0123444
IRS990/PYTotalExpensesAmt0149132
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0202668
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0171660
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01341096
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01512756
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY IS A NONPROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE ACADEMY IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE ACADEMY FILES AND EXEMPT ACADEMY RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01341096
IRS990ScheduleD/TotalRevenuePerForm990Amt01512756
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01512756
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01341096
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/ExplanationTxt0INVICTUS ACADEMY MAKES ITS NONDISCRIMINATORY POLICY KNOWN THROUGH THEIR WEBSITE AND ON THE STUDENTS' APPLICATIONS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DID NOT PROVIDE SCHOLARSHIPS OR FINANCIAL ASSISTANCE TO ANY STUDENT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2AS A PUBLIC CHARTER SCHOOL THE ORGANIZATION RECEIVES THE MAJORITY OF ITS FUNDING FROM STATE, FEDERAL, AND LOCAL GOVERNMENT ENTITY 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
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR'S PAY IS DETERMINED BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE EXECUTIVE DIRECTOR'S COMPENSATION AS A DIRECT ACTION. THE OFFICERS AND KEY EMPLOYEES' PAY IS DETERMINE BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE OFFICERS AND KEY EMPLOYEES' COMPENSATION AS A DIRECT ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SPED INSTRUCTORS: PROGRAM SERVICE EXPENSES 172,359. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 172,359. OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 16,366. MANAGEMENT AND GENERAL EXPENSES 9,710. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,076.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THIS IS THE FIRST AUDIT FOR THE ACADEMY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0256913
IRS990/TotalAssetsEOYAmt0592928
IRS990/TotalAssetsGrp/BOYAmt0256913
IRS990/TotalAssetsGrp/EOYAmt0592928
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01509298
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0258489
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01082607
IRS990/TotalFunctionalExpensesGrp/TotalAmt01341096
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0203377
IRS990/TotalLiabilitiesEOYAmt0367732
IRS990/TotalLiabilitiesGrp/BOYAmt0203377
IRS990/TotalLiabilitiesGrp/EOYAmt0367732
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt053536
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0225196
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01082607
IRS990/TotalReportableCompFromOrgAmt0105500
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03458
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01512756
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0256913
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0592928
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0533
IRS990/TravelGrp/TotalAmt0533
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt053536
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0225196
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0250000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01121 ALLVIEW AVE
IRS990/USAddress/CityNm0EL SOBRANTE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094803
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.INVICTUSOFRICHMOND.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GAUTAM THAPAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05109647581
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INVICTUS ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0INVI
ReturnHeader/Filer/EIN0823352415
ReturnHeader/Filer/PhoneNum05109647581
ReturnHeader/Filer/USAddress/AddressLine1Txt01121 ALLVIEW AVE
ReturnHeader/Filer/USAddress/CityNm0EL SOBRANTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$592,928
Liabilities
$367,732
Net assets
$225,196
Revenue
$1,512,756
Expenses
$1,341,096
Net income
$171,660
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.11$0.95$1.17$6.45$6.45$0.01
2023Detailed filing. Detailed filing data is available for this year.$2.64$1.48$1.16$4.97$4.92$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.56$0.46$1.10$3.62$3.44$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.65$0.73$0.92$3.00$2.69$0.31
2020Detailed filing. Detailed filing data is available for this year.$1.21$0.59$0.61$2.30$1.91$0.39
2019Detailed filing. Detailed filing data is available for this year.$0.59$0.37$0.23$1.51$1.34$0.17