Civic Intelligence

Valor Academy Inc

990 • Fiscal year 2023 • EIN 84-4534277

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 22, 2024

Organization Profilevaloroh.org
1330 Atcheson StreetColumbus, OH 43222

(614) 610-4544

Siviq Scores

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

Liabilities / Assets

96th percentile

1.21x

Higher debt load relative to assets than 96% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

86th percentile

0.80x

Higher debt load relative to revenue than 86% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

23rd percentile

-10%

Higher net margin than 23% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

40th percentile

$1,500

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

59th percentile

8.0%

Faster asset growth than 59% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

50th percentile

6.7%

Faster revenue growth than 50% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets96th percentile

Assets

Flat

$778,595

Flat from 2023

Net Assets

Flat

-$166,702

Flat from 2023

Liabilities

Flat

$945,297

Flat from 2023

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin23rd percentile

Revenue

Flat

$1,176,101

Flat from 2023

Expenses

Flat

$1,297,412

Flat from 2023

Net Income

Flat

-$121,311

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2021: $109,043Liabilities 2021: $70,052Net Assets 2021: $38,9912021Assets 2022: $720,856Liabilities 2022: $766,247Net Assets 2022: -$45,3912022Assets 2023: $778,595Liabilities 2023: $945,297Net Assets 2023: -$166,7022023Assets 2023: $778,595Liabilities 2023: $945,297Net Assets 2023: -$166,7022023Assets 2024: $822,507Liabilities 2024: $1,153,721Net Assets 2024: -$331,2142024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2023

Assets$778,595
Liabilities$945,297
Net Assets-$166,702
Open 2023 Filing

Operations Trend

Revenue Growth50th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2021: $502,987Expenses 2021: $463,996Net Income 2021: $38,9912021Revenue 2022: $1,102,061Expenses 2022: $1,186,443Net Income 2022: -$84,3822022Revenue 2023: $1,176,101Expenses 2023: $1,297,412Net Income 2023: -$121,3112023Revenue 2023: $1,176,101Expenses 2023: $1,297,412Net Income 2023: -$121,3112023Revenue 2024: $1,345,285Expenses 2024: $1,509,797Net Income 2024: -$164,5122024Revenue 2025: $0Expenses 2025: $0Net Income 2025: $02025

Highlighted filing

2023

Revenue$1,176,101
Expenses$1,297,412
Net Income-$121,311
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 22, 2024
Return Version
2022v5.0
Gross Receipts
$1,176,101
Mission and Program Overview

Mission

Our mission is to ensure students are making progress towards college, career, and life readiness while demonstrating competency of the Ohio Learning Standards.

At Valor Academy, we're dedicated to providing our students with unparalleled personalized support, coursework, and flexibility. Unlike a fully virtual or traditional school, Valor Academy follows a truly unique hybrid model.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$50,130$48,161▼ $1,969
Pledges and Grants Receivable$77,013$30,591▼ $46,422
Total Assets$720,856$778,595▲ $57,739
Other Assets Total$593,713$699,843▲ $106,130
Liabilities
Other Liabilities$609,889$854,513▲ $244,624
Accounts Payable and Accrued Expenses$156,358$90,784▼ $65,574
Total Liabilities$766,247$945,297▲ $179,050
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-45,391$-166,702▼ $121,311
Total Net Assets Fund Balance$-45,391$-166,702▼ $121,311
Total Liabilities and Net Assets / Fund Balance$720,856$778,595▲ $57,739

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$125,244--
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleBaseTotal
Jevon CollinsBoard Member$1,500$1,500
Sean PattersonBoard Member$1,500$1,500
Andrew FoxBoard Member$1,325$1,325
Dwight AnstaettBoard Member$1,250$1,250
David JonesBoard Member$1,000$1,000
Charles HoffnerBoard Member$625$625

Highest Paid Contractors

ContractorServicesLocationCompensation
PTLC Preparatory AcademyManagement Services2501 North Arizona Avenue, Chandler, AZ 85225$1,042,161
Revenue and Support

Revenue Composition

Contributions and Grants
$1,176,101
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,176,101
Change in Net Assets
$-121,311

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,176,101
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$1,176,101
Total Revenue per Form 990
$1,176,101
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,088,588
Salaries, Compensation, and Employee Benefits$208,824
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$686,304--$686,304
Fees for Services Other$306,067--$306,067
Other Employee Benefits$208,824--$208,824
Fees for Services Accounting$37,055--$37,055
Other Expenses$26,951$0$0$26,951
Fees for Services Legal$17,302--$17,302
All Other Expenses$8,121--$8,121
Insurance$6,788--$6,788
Total Functional Expenses$1,297,412$0$0$1,297,412

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,297,412
Total Expenses per Audited Statements$1,297,412
Total Expenses per Form 990$1,297,412
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$601,831
Deferred Inflows of Resources - OPEB$103,084
Deferred Inflows of Resources - Pension$86,429
Net OPEB Liability$63,169
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 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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The school contracted with a management company, Strongmind, to provide certain operational and management functions.”

Form 990, Part VI, Section B, Line 11B

“The Form 990 is prepared and reviewed by the fiscal officer. After the review of the Form 990, it is provided to the Board of Directors legal counsel for review. Once completed, it is then provided to the Board President for review and final signature.”

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

“The Board of Directors, in conjunctions with their legal counsel, consistently review compliance with federal and state regulations. In addition, the school is continuously monitored by its sponsor to ensure compliance with laws and regulations.”

Form 990, Part VI, Section C, Line 19

“The school's governing documents, conflict of interest policy and financial statements are maintained by its legal counsel and fiscal officer and may be provided upon request.”

Filing and Contact Details

Filer

Filer Name
Valor Academy Inc
EIN
84-4534277
Phone
6146104544
Address
1330 Atcheson Street, Columbus, OH 43222

Signing Officer

Name
C David Massa
Title
Treasurer
Phone
3305150572
Signed
2024-04-22

Organization Details

Principal Officer
C David Massa
Formed
2020
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“All other professional and technical services provided.”

Raw XML Appendix388 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/BOYAmt0156358
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt090784
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0At Valor Academy, we're dedicated to providing our students with unparalleled personalized support, coursework, and flexibility. Unlike a fully virtual or traditional school, Valor Academy follows a truly unique hybrid model.
IRS990/AllOtherContributionsAmt01176101
IRS990/AllOtherExpensesGrp/ProgramServicesAmt08121
IRS990/AllOtherExpensesGrp/TotalAmt08121
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0C David Massa
IRS990/BooksInCareOfDetail/PhoneNum03305150572
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01330 Atcheson Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Columbus
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd043222
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt050130
IRS990/CashNonInterestBearingGrp/EOYAmt048161
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt01042161
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt02501 North Arizona Avenue
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Chandler
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0AZ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd085225
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0PTLC Preparatory Academy
IRS990/ContractorCompensationGrp/ServicesDesc0Management Services
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01176101
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01088588
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-121311
IRS990/CYSalariesCompEmpBnftPaidAmt0208824
IRS990/CYTotalExpensesAmt01297412
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01176101
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0Our vision is to empower and ensure students are equipped with the skills needed to be contributing members of the community, one in which excels in collaboration, critical thinking, and problem solving.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01297412
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt037055
IRS990/FeesForServicesAccountingGrp/TotalAmt037055
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt017302
IRS990/FeesForServicesLegalGrp/TotalAmt017302
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0686304
IRS990/FeesForServicesManagementGrp/TotalAmt0686304
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0306067
IRS990/FeesForServicesOtherGrp/TotalAmt0306067
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Sean Patterson
IRS990/Form990PartVIISectionAGrp/PersonNm1Jevon Collins
IRS990/Form990PartVIISectionAGrp/PersonNm2Andrew Fox
IRS990/Form990PartVIISectionAGrp/PersonNm3Dwight Anstaett
IRS990/Form990PartVIISectionAGrp/PersonNm4David Jones
IRS990/Form990PartVIISectionAGrp/PersonNm5Charles Hoffner
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt01500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21325
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt41000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5625
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02020
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt0276844
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01176101
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt06788
IRS990/InsuranceGrp/TotalAmt06788
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Our mission is to ensure students are making progress towards college, career, and life readiness while demonstrating competency of the Ohio Learning Standards.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-45391
IRS990/NetAssetsOrFundBalancesEOYAmt0-166702
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-45391
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-166702
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0593713
IRS990/OtherAssetsTotalGrp/EOYAmt0699843
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0208824
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0208824
IRS990/OtherExpensesGrp/Desc0Sponsor Fees
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt026951
IRS990/OtherExpensesGrp/TotalAmt026951
IRS990/OtherLiabilitiesGrp/BOYAmt0609889
IRS990/OtherLiabilitiesGrp/EOYAmt0854513
IRS990/OtherRevenueTotalAmt00
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt077013
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt030591
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0C David Massa
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01102061
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0707406
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-84382
IRS990/PYSalariesCompEmpBnftPaidAmt0479037
IRS990/PYTotalExpensesAmt01186443
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01102061
IRS990/ReconcilationRevenueExpnssAmt0-121311
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01176101
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01297412
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt042763
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1531836
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2125244
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Net OPEB Asset
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deferred Outflows of Resources - Pension
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Deferred Outflows of Resources - OPEB
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0601831
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt163169
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2103084
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt386429
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net OPEB Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deferred Inflows of Resources - OPEB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Deferred Inflows of Resources - Pension
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01176101
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0699843
IRS990ScheduleD/TotalExpensesPerForm990Amt01297412
IRS990ScheduleD/TotalLiabilityAmt0854513
IRS990ScheduleD/TotalRevenuePerForm990Amt01176101
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01176101
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01297412
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Posted on the school's website.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The school contracted with a management company, Strongmind, to provide certain operational and management functions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is prepared and reviewed by the fiscal officer. After the review of the Form 990, it is provided to the Board of Directors legal counsel for review. Once completed, it is then provided to the Board President for review and final signature.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors, in conjunctions with their legal counsel, consistently review compliance with federal and state regulations. In addition, the school is continuously monitored by its sponsor to ensure compliance with laws and regulations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The school's governing documents, conflict of interest policy and financial statements are maintained by its legal counsel and fiscal officer and may be provided upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All other professional and technical services provided.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0720856
IRS990/TotalAssetsEOYAmt0778595
IRS990/TotalAssetsGrp/BOYAmt0720856
IRS990/TotalAssetsGrp/EOYAmt0778595
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01176101
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01297412
IRS990/TotalFunctionalExpensesGrp/TotalAmt01297412
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0766247
IRS990/TotalLiabilitiesEOYAmt0945297
IRS990/TotalLiabilitiesGrp/BOYAmt0766247
IRS990/TotalLiabilitiesGrp/EOYAmt0945297
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-45391
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-166702
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt01297412
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt07200
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01176101
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0720856
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0778595
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01030 N Main Street
IRS990/USAddress/CityNm0North Canton
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044720
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0https://valoroh.org/
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0The school waited for final audited financial statements prior to filing the Form 990.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0C David Massa
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03305150572
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VALOR ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0VALO
ReturnHeader/Filer/EIN0844534277
ReturnHeader/Filer/PhoneNum06146104544
ReturnHeader/Filer/USAddress/AddressLine1Txt01330 Atcheson Street
ReturnHeader/Filer/USAddress/CityNm0Columbus
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd043222
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-04-25T11:33:40-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0C David
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Massa
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$778,595
Liabilities
$945,297
Net assets
-$166,702
Revenue
$1,176,101
Expenses
$1,297,412
Net income
-$121,311
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$1.15$0.33$1.35$1.51$0.16
2023Detailed filing. Detailed filing data is available for this year.$0.78$0.95$0.17$1.18$1.30$0.12
2023Summary only. Only limited summary data is available for this year.$0.78$0.95$0.17$1.18$1.30$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.77$0.05$1.10$1.19$0.08
2021Summary only. Only limited summary data is available for this year.$0.11$0.07$0.04$0.50$0.46$0.04