Liabilities / Assets
89th percentile
Higher debt load relative to assets than 89% of similar nonprofits.
990 • Fiscal year 2024 • EIN 82-3875659
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
89th percentile
Higher debt load relative to assets than 89% of similar nonprofits.
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
56th percentile
Higher net margin than 56% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% of similar nonprofits.
Top officer pay equals 2.1% of source-year revenue.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
69th percentile
Faster revenue growth than 69% of similar nonprofits.
Assets
Up$9,823,214
Up $636,227 (+6.9%) from 2023
Net Assets
Up$2,339,362
Up $478,166 (+26%) from 2023
Liabilities
Up$7,483,852
Up $158,061 (+2.2%) from 2023
Revenue
Up$6,791,748
Up $1,226,191 (+22%) from 2023
Expenses
Up$6,313,582
Up $1,043,875 (+20%) from 2023
Net Income
Up$478,166
Up $182,316 (+62%) from 2023
Through high-quality instruction, intensive academic supports, and hard work, Ambition Preparatory Charter School ensures that all students in kindergarten through grade eight have academic skills and self-discipline for college and life success.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $6,947,025 | $7,084,438 | ▲ $137,413 |
| Cash and Non-Interest-Bearing Accounts | $1,349,057 | $2,223,967 | ▲ $874,910 |
| Pledges and Grants Receivable | $779,900 | $493,387 | ▼ $286,513 |
| Prepaid Expenses and Deferred Charges | $99,455 | $4,009 | ▼ $95,446 |
| Total Assets | $9,186,987 | $9,823,214 | ▲ $636,227 |
| Other Assets Total | $11,550 | $17,413 | ▲ $5,863 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $6,738,715 | $6,587,213 | ▼ $151,502 |
| Accounts Payable and Accrued Expenses | $587,076 | $896,639 | ▲ $309,563 |
| Total Liabilities | $7,325,791 | $7,483,852 | ▲ $158,061 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,861,196 | $2,339,362 | ▲ $478,166 |
| Total Net Assets Fund Balance | $1,861,196 | $2,339,362 | ▲ $478,166 |
| Total Liabilities and Net Assets / Fund Balance | $9,186,987 | $9,823,214 | ▲ $636,227 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $6,516,187 | $976,017 | $7,492,204 |
| Equipment | $266,222 | $185,399 | $451,621 |
| Other Land Buildings | $302,029 | $139,166 | $441,195 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Dearchie Scott | Exectutive Director | FT | $133,725 | $6,925 | $140,650 |
| Sharon Harris | Chief of Staff | FT | $107,517 | $8,392 | $115,909 |
| Name | Title |
|---|---|
| Marcus Burger | Board Chair |
| Megan Stitzinger | Vice Chair |
| Rochella Lee- Vincent | Board Member |
| Tonya Morgan | Board Member |
| Thomas Wetzel | Treasurer Til Jan 2024, Board Member |
| Torren Ballard | Secretary Til Jan 2024, Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Robinson Asphalt Worx LLC | Asphalt Paving | 1082 JOE COLLINS DRIVE, Bolton, MS 39041 | $187,409 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $3,580,229 |
| Other Expenses | $2,733,353 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $2,636,789 | $272,517 | - | $2,909,306 |
| Depreciation Depletion | $364,634 | $91,159 | - | $455,793 |
| Fees for Services Other | $308,194 | $66,213 | - | $374,407 |
| Interest | $244,513 | $81,504 | - | $326,017 |
| Other Employee Benefits | $241,268 | $177 | - | $241,445 |
| Payroll Taxes | $208,247 | $20,448 | - | $228,695 |
| Occupancy | $175,791 | $45,910 | - | $221,701 |
| Travel | $173,032 | $590 | - | $173,622 |
| Office Expenses | $124,001 | $41,334 | - | $165,335 |
| Current Officers, Directors, Trustees, and Key Employees | $110,584 | $36,861 | - | $147,445 |
| Insurance | $99,568 | $24,071 | - | $123,639 |
| All Other Expenses | $118,692 | $2,563 | - | $121,255 |
| Other Expenses | $88,384 | $10,699 | - | $99,083 |
| Pension Plan Contributions | $48,328 | $5,010 | - | $53,338 |
| Fees for Services Accounting | $1,502 | $499 | - | $2,001 |
| Total Functional Expenses | $5,557,700 | $755,882 | $0 | $6,313,582 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $6,313,582 |
| Total Expenses per Audited Statements | $6,313,582 |
| Total Expenses per Form 990 | $6,313,582 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The president and secretary/treasurer are presented with a copy of the filing for review. The 990 is made available to the other board members upon request.”
“The organization has procedures in place to determine and address conflicts of interest within the organization.”
“Compensation competitively set as comparable to salaries paid to positions at other local public schools, which takes into account years of experience, certifications, education, etc.”
“Contained in employee handbook and upon request.”
“Contained in employee handbook and upon request.”
“The school accounts for income taxes in accordance with fasb asc 740-10, accounting for uncertainty in income taxes. Management believes it has no material uncertain tax positions and accordingly has not recognized a liability for any unrecognized tax benefits. The school is exempt from income taxes under internal revenue code section 501(c)(3). It is, however, subject to income taxes from activities unrelated to its tax-exempt purpose. The school uses the same accounting methods for tax and financial reporting. Generally accepted accounting principles (gaap) provides accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The school's returns are subject to examination by federal and state taxing authorities, generally for three years, after they are filed.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 587076 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 896639 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THROUGH HIGH-QUALITY INSTRUCTION, INTENSIVE ACADEMIC SUPPORTS, AND HARD WORK, AMBITION PREPARATORY CHARTER SCHOOL ENSURES THAT ALL STUDENTS IN KINDERGARTEN THROUGH GRADE EIGHT HAVE ACADEMIC SKILLS AND SELF-DISCIPLINE FOR COLLEGE AND LIFE SUCCESS. |
| IRS990/AllOtherContributionsAmt | 0 | 21710 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2563 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 118692 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 121255 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | LUCCHESI CPA FIRM PLLC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9016925707 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 5350 POPLAR AVENUE SUITE 220 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MEMPHIS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 38119 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1349057 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 2223967 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 36861 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 110584 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 147445 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 187409 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 1082 JOE COLLINS DRIVE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | BOLTON |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | MS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 39041 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | ROBINSON ASPHALT WORX LLC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | ASPHALT PAVING |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 6691127 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 2733353 |
| IRS990/CYOtherRevenueAmt | 0 | 12950 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 87671 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 478166 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 3580229 |
| IRS990/CYTotalExpensesAmt | 0 | 6313582 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 6791748 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 91159 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 364634 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 455793 |
| IRS990/Desc | 0 | PUBLIC CHARTER SCHOOL |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 118 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 5557700 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 499 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 1502 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2001 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 66213 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 308194 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 374407 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 6925 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 8392 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ROCHELLA LEE- VINCENT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | TONYA MORGAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MARCUS BURGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MEGAN STITZINGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | TORREN BALLARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | THOMAS WETZEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DEARCHIE SCOTT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | SHARON HARRIS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 133725 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 107517 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY TIL JAN 2024, TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TREASURER TIL JAN 2024, BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | EXECTUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | CHIEF OF STAFF |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2017 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GovernmentGrantsAmt | 0 | 6669417 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 6791748 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 12950 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 24071 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 99568 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 123639 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 81504 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 244513 |
| IRS990/InterestGrp/TotalAmt | 0 | 326017 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 5 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1300582 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 6947025 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 7084438 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 8385020 |
| IRS990/LegalDomicileStateCd | 0 | MS |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THROUGH HIGH-QUALITY INSTRUCTION, INTENSIVE ACADEMIC SUPPORTS, AND HARD WORK, AMBITION PREPARATORY CHARTER SCHOOL ENSURES THAT ALL STUDENTS IN KINDERGARTEN THROUGH GRADE EIGHT HAVE ACADEMIC SKILLS AND SELF-DISCIPLINE FOR COLLEGE AND LIFE SUCCESS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 6738715 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 6587213 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1861196 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2339362 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 12950 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 12950 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1861196 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2339362 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 45910 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 175791 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 221701 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 41334 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 124001 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 165335 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 11550 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 17413 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 177 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 241268 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 241445 |
| IRS990/OtherExpensesGrp/Desc | 0 | FOOD SERVICE |
| IRS990/OtherExpensesGrp/Desc | 1 | PROFESSIONAL DEVELOPMEN |
| IRS990/OtherExpensesGrp/Desc | 2 | CURRICULUM MATERIALS AN |
| IRS990/OtherExpensesGrp/Desc | 3 | SUPPLIES AND OTHER OPER |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 56327 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 10699 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 257953 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 168980 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 187240 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 88384 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 257953 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 225307 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 187240 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 99083 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 272517 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 2636789 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 2909306 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 20448 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 208247 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 228695 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 5010 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 48328 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 53338 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 779900 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 493387 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 99455 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 4009 |
| IRS990/PrincipalOfficerNm | 0 | DEARCHIE SCOTT |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | STUDENT ACTIVITIES AND |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 87671 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 5400802 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 2315583 |
| IRS990/PYOtherRevenueAmt | 0 | 92456 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 72299 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 295850 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 2954124 |
| IRS990/PYTotalExpensesAmt | 0 | 5269707 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 5565557 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 478166 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 12950 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 100621 |
| 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 |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
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| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 185399 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 451621 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 6313582 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
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| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 976017 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 7492204 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 302029 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 139166 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 441195 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 6791748 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE SCHOOL ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY HAS NOT RECOGNIZED A LIABILITY FOR ANY UNRECOGNIZED TAX BENEFITS. THE SCHOOL IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). IT IS, HOWEVER, SUBJECT TO INCOME TAXES FROM ACTIVITIES UNRELATED TO ITS TAX-EXEMPT PURPOSE. THE SCHOOL USES THE SAME ACCOUNTING METHODS FOR TAX AND FINANCIAL REPORTING. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) PROVIDES ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE SCHOOL'S RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS, AFTER THEY ARE FILED. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
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| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 6313582 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 6791748 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 6791748 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 6313582 |
| 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 | 1 |
| 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 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | NONDISCRIMINATORY POLICY IS LISTED ON ENROLLMENT FORMS, ALL BROCHURES AND PRINTED MEDIA, AND ON THE WEBSITE. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | DURING THE FISCAL YEAR, AMBITION PREPARTORY RECEIVED FEDERAL FUNDING UNDER A VARIETY OF PROGRAMS. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, PART I, LINE 6 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE PRESIDENT AND SECRETARY/TREASURER ARE PRESENTED WITH A COPY OF THE FILING FOR REVIEW. THE 990 IS MADE AVAILABLE TO THE OTHER BOARD MEMBERS UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION HAS PROCEDURES IN PLACE TO DETERMINE AND ADDRESS CONFLICTS OF INTEREST WITHIN THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | COMPENSATION COMPETITIVELY SET AS COMPARABLE TO SALARIES PAID TO POSITIONS AT OTHER LOCAL PUBLIC SCHOOLS, WHICH TAKES INTO ACCOUNT YEARS OF EXPERIENCE, CERTIFICATIONS, EDUCATION, ETC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CONTAINED IN EMPLOYEE HANDBOOK AND UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | CONTAINED IN EMPLOYEE HANDBOOK AND UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XII, LINE 2C: |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 9823214 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 9186987 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 9823214 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 6691127 |
| IRS990/TotalEmployeeCnt | 0 | 118 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 755882 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 5557700 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 6313582 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 7325791 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 7483852 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 7325791 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 7483852 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1861196 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2339362 |
| IRS990/TotalOtherCompensationAmt | 0 | 15317 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 5557700 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 87671 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 241242 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 100621 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 6791748 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 15 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 9186987 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 9823214 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 590 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 173032 |
| IRS990/TravelGrp/TotalAmt | 0 | 173622 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 5331 CLINTON BLVD |
| IRS990/USAddress/CityNm | 0 | JACKSON |
| IRS990/USAddress/StateAbbreviationCd | 0 | MS |
| IRS990/USAddress/ZIPCd | 0 | 39209 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.