Civic Intelligence

Telesis Center for Learning Inc.

990 • Fiscal year 2023 • EIN 86-0704718

Jul 01, 2022 to Jun 30, 2023 • Filed on May 04, 2024

Organization Profilewww.telesis-academy.org
2598 Starlite LaneLake Havasu City, AZ 86403

(928) 855-8661

Siviq Scores

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

Liabilities / Assets

89th percentile

0.77x

Higher debt load relative to assets than 89% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

87th percentile

1.39x

Higher debt load relative to revenue than 87% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

60th percentile

8.6%

Higher net margin than 60% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

25th percentile

$40,471

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

49th percentile

5.0%

Faster asset growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

71st percentile

21%

Faster revenue growth than 71% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$8,412,204

Up $402,288 (+5.0%) from 2022

Net Assets

Up

$1,954,582

Up $396,737 (+25%) from 2022

Liabilities

Up

$6,457,622

Up $5,551 (+0.1%) from 2022

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin60th percentile

Revenue

Up

$4,635,980

Up $815,017 (+21%) from 2022

Expenses

Up

$4,239,243

Up $609,511 (+17%) from 2022

Net Income

Up

$396,737

Up $205,506 (+107%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$10M$5.0M$0-$5.0MAssets 2011: $1,779,903Liabilities 2011: $1,234,211Net Assets 2011: $545,6922011Assets 2012: $3,585,281Liabilities 2012: $2,932,610Net Assets 2012: $652,6712012Assets 2013: $3,381,624Liabilities 2013: $2,984,013Net Assets 2013: $397,6112013Assets 2014: $5,548,634Liabilities 2014: $5,595,353Net Assets 2014: -$46,7192014Assets 2015: $5,070,050Liabilities 2015: $5,667,017Net Assets 2015: -$596,9672015Assets 2016: $4,683,676Liabilities 2016: $5,635,756Net Assets 2016: -$952,0802016Assets 2017: $4,538,894Liabilities 2017: $5,199,761Net Assets 2017: -$660,8672017Assets 2018: $4,543,274Liabilities 2018: $5,198,381Net Assets 2018: -$655,1072018Assets 2019: $7,275,266Liabilities 2019: $6,536,159Net Assets 2019: $739,1072019Assets 2020: $7,750,769Liabilities 2020: $6,579,245Net Assets 2020: $1,171,5242020Assets 2021: $7,807,463Liabilities 2021: $6,453,082Net Assets 2021: $1,354,3812021Assets 2022: $8,009,916Liabilities 2022: $6,452,071Net Assets 2022: $1,557,8452022Assets 2023: $8,412,204Liabilities 2023: $6,457,622Net Assets 2023: $1,954,5822023Assets 2024: $9,129,740Liabilities 2024: $6,367,745Net Assets 2024: $2,761,9952024

Highlighted filing

2023

Assets$8,412,204
Liabilities$6,457,622
Net Assets$1,954,582
Open 2023 Filing

Operations Trend

Revenue Growth71st percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,131,915Expenses 2011: $2,999,891Net Income 2011: $132,0242011Revenue 2012: $3,504,357Expenses 2012: $3,397,378Net Income 2012: $106,9792012Revenue 2013: $3,418,364Expenses 2013: $3,673,424Net Income 2013: -$255,0602013Revenue 2014: $3,655,272Expenses 2014: $4,099,602Net Income 2014: -$444,3302014Revenue 2015: $3,658,905Expenses 2015: $4,209,153Net Income 2015: -$550,2482015Revenue 2016: $3,890,797Expenses 2016: $4,245,908Net Income 2016: -$355,1112016Revenue 2017: $3,704,800Expenses 2017: $3,414,858Net Income 2017: $289,9422017Revenue 2018: $3,810,724Expenses 2018: $3,804,964Net Income 2018: $5,7602018Revenue 2019: $5,530,420Expenses 2019: $4,136,206Net Income 2019: $1,394,2142019Revenue 2020: $4,152,237Expenses 2020: $3,719,820Net Income 2020: $432,4172020Revenue 2021: $3,534,997Expenses 2021: $3,352,140Net Income 2021: $182,8572021Revenue 2022: $3,820,963Expenses 2022: $3,629,732Net Income 2022: $191,2312022Revenue 2023: $4,635,980Expenses 2023: $4,239,243Net Income 2023: $396,7372023Revenue 2024: $5,154,956Expenses 2024: $4,347,543Net Income 2024: $807,4132024

Highlighted filing

2023

Revenue$4,635,980
Expenses$4,239,243
Net Income$396,737
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 4, 2024
Return Version
2022v5.0
Gross Receipts
$4,635,980
Mission and Program Overview

Mission

Educational the school is a kindergarten through twelfth grade school committed to offering curriculum individually designed and delivered to meet the needs of each

To operate a charter school sponsored by the arizona state board for charter schools, which mandates policies and operational guidelines, to approximately 340 students in kindergarten through twelfth grades in lake havasu city, arizona.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,863,552$1,830,661▼ $32,891
Pledges and Grants Receivable$291,203$951,123▲ $659,920
Land, Buildings, and Equipment, Net$5,830,161$170,656▼ $5,659,505
Prepaid Expenses and Deferred Charges-$18,097-
Total Assets$8,009,916$8,412,204▲ $402,288
Other Assets Total$25,000$5,441,667▲ $5,416,667
Liabilities
Other Liabilities$6,243,406$6,185,674▼ $57,732
Accounts Payable and Accrued Expenses$208,665$271,948▲ $63,283
Total Liabilities$6,452,071$6,457,622▲ $5,551
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,522,456$1,924,008▲ $401,552
Net Assets With Donor Restrictions$35,389$30,574▼ $4,815
Total Net Assets Fund Balance$1,557,845$1,954,582▲ $396,737
Total Liabilities and Net Assets / Fund Balance$8,009,916$8,412,204▲ $402,288

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,000--
Equipment$41,558$121,186-
Leasehold Improvements$124,098$22,706-
Other Assets Org$5,416,667--
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Sandra K BreecePresident/CEOFT$40,471$40,471

Board Members and Trustees

NameTitle
Tamara Kim FronekVice-president
Charles DoppBoard Member
Glenn McgeeBoard Member
Kathaleen JohnsonBoard Member
Ken NashBoard Member
Susan DonahueBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$4,319,413
Program Service Revenue
$175,875
Investment Income
$0
Other Revenue
$140,692
All Other Contributions
$18,057
Change in Net Assets
$396,737

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,640,795
Revenue Not Reported on Financial Statements
$-4,815
Other Revenue Adjustments
$-4,815
Total Revenue per Audited Statements
$4,640,795
Total Revenue per Form 990
$4,635,980
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,415,522
Other Expenses$1,823,721
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,506,569$307,775$0$1,814,344
Interest$461,734$115,433$0$577,167
Depreciation Depletion$255,374$63,843$0$319,217
Office Expenses$232,231$60,497$0$292,728
Pension Plan Contributions$183,040$40,234$0$223,274
Occupancy$164,989$40,907$0$205,896
Payroll Taxes$117,598$29,399$0$146,997
Other Employee Benefits$97,070$21,337$0$118,407
Information Technology$56,914$20,566$0$77,480
Comp Disqual Persons$52,500$19,000$0$71,500
Fees for Services Other$63,291$7,263$0$70,554
Fees for Services Accounting$0$62,919$0$62,919
Current Officers, Directors, Trustees, and Key Employees$20,500$20,500$0$41,000
Insurance$28,343$7,086$0$35,429
Advertising$0$21,097$0$21,097
Other Expenses$90$20,988$0$21,078
Travel$6,311$0$0$6,311
Fees for Services Legal$0$872$0$872
Total Functional Expenses$3,260,765$978,478$0$4,239,243

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,239,243
Total Expenses per Audited Statements$4,239,243
Total Expenses per Form 990$4,239,243
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
Finance Lease Obligation$6,185,674
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Telesis Center for Learning Inc
EIN
86-0704718
Phone
9288558661
Address
2598 STARLITE LANE, LAKE HAVASU CITY, AZ 86403

Signing Officer

Name
Dr Sandra K Breece
Title
CEO/charter Representative
Phone
9288558661
Signed
2024-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sandra K Breece
Formed
1999
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
4
Employees
70
Volunteers
30

Preparer

Firm
Brett V Backlund CPA Pc
Address
1776 E SILVER CREEK CT, GILBERT, AZ 85296
Preparer
Brett V Backlund
Phone
4803614150
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

“The school did not utilize committees with authority to act on behalf of the governing body.”

Pt VI, Line 11B

“The form 990 was prepared by an independent cpa as part of the audit engagement, reviewed by mangement, and approved by the board of directors. Once approved, a member of the board of directors signs the form 990 and it is mailed to the irs.”

Pt VI, Line 19

“The school's annual audit is submitted to the arizona state board for charter schools and therefore subject to public record. All other documents are available upon request.”

Financial Statement Notes

Pt XI, Line 4B

“Change in net assets with donor restrictions”

Raw XML AppendixShowing 400 of 487 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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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021337
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt097070
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0118407
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2DUES AND FEES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1116437
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22325
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt320988
IRS990/OtherExpensesGrp/ProgramServicesAmt07024
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt27187
IRS990/OtherExpensesGrp/ProgramServicesAmt390
IRS990/OtherExpensesGrp/TotalAmt07024
IRS990/OtherExpensesGrp/TotalAmt1116437
IRS990/OtherExpensesGrp/TotalAmt29512
IRS990/OtherExpensesGrp/TotalAmt321078
IRS990/OtherLiabilitiesGrp/BOYAmt06243406
IRS990/OtherLiabilitiesGrp/EOYAmt06185674
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0139942
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0139942
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt0139942
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0307775
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01506569
IRS990/OtherSalariesAndWagesGrp/TotalAmt01814344
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt029399
IRS990/PayrollTaxesGrp/ProgramServicesAmt0117598
IRS990/PayrollTaxesGrp/TotalAmt0146997
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt040234
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0183040
IRS990/PensionPlanContributionsGrp/TotalAmt0223274
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0291203
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0951123
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018097
IRS990/PrincipalOfficerNm0SANDRA K BREECE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0PRE-KINDERGARTEN
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0162760
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt113115
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03680890
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt01532169
IRS990/PYOtherRevenueAmt09148
IRS990/PYProgramServiceRevenueAmt0130925
IRS990/PYRevenuesLessExpensesAmt0191231
IRS990/PYSalariesCompEmpBnftPaidAmt02097563
IRS990/PYTotalExpensesAmt03629732
IRS990/PYTotalRevenueAmt03820963
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0396737
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0750
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04635980
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt041558
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0121186
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0162744
IRS990ScheduleD/ExpensesSubtotalAmt04239243
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0124098
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt022706
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0146804
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt025000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15416667
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REFUNDABLE DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1FINANCE LEASE RIGHT-OF-USE ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05000
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt05000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06185674
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FINANCE LEASE OBLIGATION
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-4815
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-4815
IRS990ScheduleD/RevenueSubtotalAmt04640795
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CHANGE IN NET ASSETS WITH DONOR RESTRICTIONS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0170656
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05441667
IRS990ScheduleD/TotalExpensesPerForm990Amt04239243
IRS990ScheduleD/TotalLiabilityAmt06185674
IRS990ScheduleD/TotalRevenuePerForm990Amt04635980
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04640795
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04239243
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL RECEIVED MONTHLY STATE EQUALIZATION ASSISTANCE, CLASSROOM SITE FUNDS, AND INSTRUTIONAL IMPROVEMENT FUNDS FROM THE STATE OF ARIZONA BASED ON THE NUMBER OF STUDENTS ENROLLED AT THE SCHOOL. IN ADDITION, THE SCHOOL RECEIVED STATE AND FEDERAL GRANTS. THESE FUNDS ARE USED IN ACCORDANCE WITH THE REQUIREMENTS SET FORTH BY THE STATE OF ARIZONA AND THE FEDERAL GOVERNMENT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE POLICY IS INCLUDED AS PART OF THE REGISTRATION PACKET DISTRIBUTED TO STUDENTS/PARENTS. SEE DESCRIPTION ON SCHEDULE E.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL DID NOT UTILIZE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 WAS PREPARED BY AN INDEPENDENT CPA AS PART OF THE AUDIT ENGAGEMENT, REVIEWED BY MANGEMENT, AND APPROVED BY THE BOARD OF DIRECTORS. ONCE APPROVED, A MEMBER OF THE BOARD OF DIRECTORS SIGNS THE FORM 990 AND IT IS MAILED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL'S ANNUAL AUDIT IS SUBMITTED TO THE ARIZONA STATE BOARD FOR CHARTER SCHOOLS AND THEREFORE SUBJECT TO PUBLIC RECORD. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TELESIS PREPARATORY ACADEMY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0900099
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02598 STARLITE LANE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LAKE HAVASU CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd086403
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false

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
$8,412,204
Liabilities
$6,457,622
Net assets
$1,954,582
Revenue
$4,635,980
Expenses
$4,239,243
Net income
$396,737
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.13$6.37$2.76$5.15$4.35$0.81
2023Detailed filing. Detailed filing data is available for this year.$8.41$6.46$1.95$4.64$4.24$0.40
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.01$6.45$1.56$3.82$3.63$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.81$6.45$1.35$3.53$3.35$0.18
2020Summary only. Only limited summary data is available for this year.$7.75$6.58$1.17$4.15$3.72$0.43
2019Summary only. Only limited summary data is available for this year.$7.28$6.54$0.74$5.53$4.14$1.39
2018Summary only. Only limited summary data is available for this year.$4.54$5.20$0.66$3.81$3.80$0.01
2017Summary only. Only limited summary data is available for this year.$4.54$5.20$0.66$3.70$3.41$0.29
2016Summary only. Only limited summary data is available for this year.$4.68$5.64$0.95$3.89$4.25$0.36
2015Summary only. Only limited summary data is available for this year.$5.07$5.67$0.60$3.66$4.21$0.55
2014Summary only. Only limited summary data is available for this year.$5.55$5.60$0.05$3.66$4.10$0.44
2013Summary only. Only limited summary data is available for this year.$3.38$2.98$0.40$3.42$3.67$0.26
2012Summary only. Only limited summary data is available for this year.$3.59$2.93$0.65$3.50$3.40$0.11
2011Summary only. Only limited summary data is available for this year.$1.78$1.23$0.55$3.13$3.00$0.13