Civic Intelligence

Adolesco Preparatory Academy Inc

EIN 84-3794970 • 501(c)3 • Tickfaw, LA

Profile

Adolesco Preparatory Academy is a distinctly Christian community, promoting meaningful parent-child relationships and rigorous education, to increase wisdom, truth and excellence for students who will transform their community for the glory of God.

17291 Chocktaw DriveTickfaw, LA 70466

www.adolescoprep.org

Siviq Scores

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

Liabilities / Assets

78th percentile

0.10x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

68th percentile

14%

Higher net margin than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

92nd percentile

88%

Faster asset growth than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

89th percentile

70%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$190,774

Up $64,071 (+51%) from 2023

Liabilities

Up

$4,563

Up $270 (+6.3%) from 2023

Net Assets

Up

$186,211

Up $63,801 (+52%) from 2023

Operations
Liabilities / Revenue75th percentileNet Margin68th percentile

Revenue

Up

$424,196

Up $63,745 (+18%) from 2023

Expenses

Up

$360,395

Up $29,865 (+9.0%) from 2023

Net Income

Up

$63,801

Up $33,880 (+113%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth92nd percentile

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

$200K$150K$100K$50K$0Assets 2020: $33,077Liabilities 2020: $1,651Net Assets 2020: $31,4262020Assets 2021: $62,341Liabilities 2021: $6,045Net Assets 2021: $56,2962021Assets 2022: $94,489Liabilities 2022: $2,000Net Assets 2022: $92,4892022Assets 2023: $126,703Liabilities 2023: $4,293Net Assets 2023: $122,4102023Assets 2024: $190,774Liabilities 2024: $4,563Net Assets 2024: $186,2112024

Highlighted filing

2024

Assets$190,774
Liabilities$4,563
Net Assets$186,211
Open 2024 Filing

Operations Trend

Revenue Growth89th percentile

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

$600K$400K$200K$0Revenue 2020: $105,190Expenses 2020: $73,764Net Income 2020: $31,4262020Revenue 2021: $179,198Expenses 2021: $154,328Net Income 2021: $24,8702021Revenue 2022: $241,182Expenses 2022: $233,866Net Income 2022: $7,3162022Revenue 2023: $360,451Expenses 2023: $330,530Net Income 2023: $29,9212023Revenue 2024: $424,196Expenses 2024: $360,395Net Income 2024: $63,8012024

Highlighted filing

2024

Revenue$424,196
Expenses$360,395
Net Income$63,801
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$190,774
Liabilities
$4,563
Net assets
$186,211
Revenue
$424,196
Expenses
$360,395
Net income
$63,801
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.91$0.05$1.86$4.24$3.60$0.64
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.04$1.22$3.60$3.31$0.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.02$0.92$2.41$2.34$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.06$0.56$1.79$1.54$0.25
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.02$0.31$1.05$0.74$0.31
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$105,190
Mission and Program Overview

Mission

Adolesco Preparatory Academy is a distinctly Christian community, promoting meaningful parent-child relationships and rigorous education, to increase wisdom, truth and excellence for students who will transform their community for the glory of God.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds-$31,426-
Cash and Non-Interest-Bearing Accounts-$30,275-
Land, Buildings, and Equipment, Net-$2,106-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$0$33,077▲ $33,077
Other Assets Total-$696-
Liabilities
Accounts Payable and Accrued Expenses-$1,651-
Total Liabilities$0$1,651▲ $1,651
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$31,426▲ $31,426
Total Liabilities and Net Assets / Fund Balance$0$33,077▲ $33,077

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,106-$2,106
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Holly HusserPresident
Alexius HusserSecretary
Michael LetoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$26,001
Program Service Revenue
$79,189
Investment Income
$0
Other Revenue
$0
All Other Contributions
$26,001
Change in Net Assets
$31,426
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$46,616
Other Expenses$27,148
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$46,616--$46,616
Occupancy$6,217--$6,217
Advertising$4,349--$4,349
All Other Expenses$3,286--$3,286
Insurance$1,740--$1,740
Fees for Services Other$1,364--$1,364
Other Expenses$1,140--$1,140
Fees for Services Accounting$480--$480
Information Technology$321--$321
Total Functional Expenses$73,764$0$0$73,764
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Part VI, Line 11B: Form 990 Review Process

“Prepared and reviewed by independent accountant. Copy of Form 990 available upon request.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“Available upon request at organization's office.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Adolesco Preparatory Academy Inc
EIN
84-3794970
Phone
9852779054
Address
17291 CHOCKTAW DRIVE, Tickfaw, LA 70466

Signing Officer

Name
Holly Husser
Title
President
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2019
Legal Domicile
La
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Dore and Company
Address
404 PERE MEGRET ST, ABBEVILLE, LA 70510
Preparer
LLOYD F DORE' III
Phone
3378935400
Raw XML Appendix332 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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