Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
990 • Fiscal year 2024 • EIN 86-0704718
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
69th percentile
Higher net margin than 69% of similar nonprofits.
Top Officer Pay
22nd percentile
Higher top officer pay than 22% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
61st percentile
Faster asset growth than 61% of similar nonprofits.
Revenue Growth
56th percentile
Faster revenue growth than 56% of similar nonprofits.
Assets
Up$9,129,740
Up $717,536 (+8.5%) from 2023
Net Assets
Up$2,761,995
Up $807,413 (+41%) from 2023
Liabilities
Down$6,367,745
Down $89,877 (-1.4%) from 2023
Revenue
Up$5,154,956
Up $518,976 (+11%) from 2023
Expenses
Up$4,347,543
Up $108,300 (+2.6%) from 2023
Net Income
Up$807,413
Up $410,676 (+104%) from 2023
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 350 students in kindergarten through twelfth grades in lake havasu city, arizona.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $1,830,661 | $2,420,642 | ▲ $589,981 |
| Pledges and Grants Receivable | $951,123 | $1,202,708 | ▲ $251,585 |
| Land, Buildings, and Equipment, Net | $170,656 | $334,063 | ▲ $163,407 |
| Prepaid Expenses and Deferred Charges | $18,097 | $26,494 | ▲ $8,397 |
| Total Assets | $8,412,204 | $9,129,740 | ▲ $717,536 |
| Other Assets Total | $5,441,667 | $5,145,833 | ▼ $295,834 |
| Liabilities | |||
| Other Liabilities | $6,185,674 | $6,120,941 | ▼ $64,733 |
| Accounts Payable and Accrued Expenses | $271,948 | $246,804 | ▼ $25,144 |
| Total Liabilities | $6,457,622 | $6,367,745 | ▼ $89,877 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,924,008 | $2,731,421 | ▲ $807,413 |
| Net Assets With Donor Restrictions | $30,574 | $30,574 | → $0 |
| Total Net Assets Fund Balance | $1,954,582 | $2,761,995 | ▲ $807,413 |
| Total Liabilities and Net Assets / Fund Balance | $8,412,204 | $9,129,740 | ▲ $717,536 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $41,315 | - | - |
| Equipment | $35,416 | $20,984 | - |
| Leasehold Improvements | $257,332 | $43,959 | - |
| Other Assets Org | $5,145,833 | - | - |
| Name | Title |
|---|---|
| Sandra K Breece | President/CEO |
| Charles Dopp | Board Member |
| Glenn Mcgee | Board Member |
| Kathaleen Johnson | Board Member |
| Susan Donahue | Board Member |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $2,548,158 |
| Other Expenses | $1,799,385 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,689,977 | $261,060 | $0 | $1,951,037 |
| Interest | $460,702 | $115,176 | $0 | $575,878 |
| Depreciation Depletion | $245,464 | $61,366 | $0 | $306,830 |
| Pension Plan Contributions | $204,381 | $38,164 | $0 | $242,545 |
| Office Expenses | $203,585 | $31,212 | $0 | $234,797 |
| Occupancy | $172,325 | $43,081 | $0 | $215,406 |
| Payroll Taxes | $119,101 | $34,654 | $0 | $153,755 |
| Fees for Services Accounting | $0 | $106,217 | $0 | $106,217 |
| Comp Disqual Persons | $55,000 | $50,000 | $0 | $105,000 |
| Other Employee Benefits | $80,279 | $15,542 | $0 | $95,821 |
| Information Technology | $65,671 | $9,866 | $0 | $75,537 |
| Fees for Services Other | $66,265 | $6,130 | $0 | $72,395 |
| Insurance | $32,989 | $8,247 | $0 | $41,236 |
| Advertising | $0 | $24,949 | $0 | $24,949 |
| Travel | $9,268 | $970 | $0 | $10,238 |
| Fees for Services Legal | $0 | $6,607 | $0 | $6,607 |
| Other Expenses | $1,551 | $0 | $0 | $1,551 |
| Fees for Services Management | $625 | $96 | $0 | $721 |
| Total Functional Expenses | $3,518,672 | $828,871 | $0 | $4,347,543 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $4,347,543 |
| Total Expenses per Audited Statements | $4,347,543 |
| Total Expenses per Form 990 | $4,347,543 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Finance Lease Obligation | $6,120,941 |
“The school did not utilize committees with authority to act on behalf of the governing body.”
“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.”
“The schools 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.”
“Change in net assets with donor restrictions”
“Management believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The School would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.”
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 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 271948 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 246804 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO OPERATE A CHARTER SCHOOL SPONSORED BY THE ARIZONA STATE BOARD FOR CHARTER SCHOOLS, WHICH MANDATES POLICIES AND OPERATIONAL GUIDELINES, TO APPROXIMATELY 350 STUDENTS IN KINDERGARTEN THROUGH TWELFTH GRADES IN LAKE HAVASU CITY, ARIZONA. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 0 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 24949 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 24949 |
| IRS990/AllOtherContributionsAmt | 0 | 40970 |
| IRS990/AuditCommitteeInd | 0 | false |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9288558661 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2598 STARLITE LANE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LAKE HAVASU CITY |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AZ |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 86403 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1830661 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 2420642 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompDisqualPersonsGrp/FundraisingAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt | 0 | 50000 |
| IRS990/CompDisqualPersonsGrp/ProgramServicesAmt | 0 | 55000 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 105000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContriRptFundraisingEventAmt | 0 | 12966 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 4783362 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 1799385 |
| IRS990/CYOtherRevenueAmt | 0 | 62764 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 308830 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 807413 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 2548158 |
| IRS990/CYTotalExpensesAmt | 0 | 4347543 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 5154956 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 61366 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 245464 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 306830 |
| IRS990/Desc | 0 | TO PROVIDE A KINDERGARTEN THROUGH TWELFTH GRADE SCHOOL COMMITTED TO OFFERING CURRICULUM INDIVIDUALLY DESIGNED AND DELIVERED TO MEET THE NEEDS OF EACH STUDENT IN REAL PREPARATION FOR LIFELONG LEARNING. STUDENTS WILL FOCUS ON ACADEMICS AND CRITICAL THINKING TO BE CHALLENGED SUCCESSFULLY. THE SCHOOL PROVIDES EDUCATIONAL SERVICES TO APPROXIMATELY 350 STUDENTS IN LAKE HAVASU CITY, ARIZONA. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 30574 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 30574 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 76 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 3518672 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 106217 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 106217 |
| IRS990/FeesForServicesLegalGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 6607 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 6607 |
| IRS990/FeesForServicesManagementGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 96 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 625 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 721 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 6130 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 66265 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 72395 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| 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/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/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/PersonNm | 0 | SANDRA K BREECE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | GLENN MCGEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | SUSAN DONAHUE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | KATHALEEN JOHNSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | CHARLES DOPP |
| 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/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/TitleTxt | 0 | PRESIDENT/CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1999 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/FundraisingAmt | 0 | 12966 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 4729426 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 5154956 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 7000 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 0 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 9866 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 65671 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 75537 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 8247 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 32989 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 41236 |
| IRS990/InterestGrp/FundraisingAmt | 0 | 0 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 115176 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 460702 |
| IRS990/InterestGrp/TotalAmt | 0 | 575878 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 16 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 64943 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 170656 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 334063 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 399006 |
| IRS990/LegalDomicileStateCd | 0 | AZ |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | false |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO PROVIDE STUDENTS IN KINDERGARTEN THROUGH TWELFTH GRADES WITH ACADEMIC EXCELLENCE THROUGH INDIVIDUALIZED INSTRUCTION OF A CORE CURRICULUM SUPPORTED BY ENRICHMENT AND ACCELERATION. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1954582 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2761995 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 7000 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 7000 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1924008 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2731421 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 43081 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 172325 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 215406 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 31212 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 203585 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 234797 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 5441667 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 5145833 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 15542 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 80279 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 95821 |
| IRS990/OtherExpensesGrp/Desc | 0 | FOOD |
| IRS990/OtherExpensesGrp/Desc | 1 | DUES AND FEES |
| IRS990/OtherExpensesGrp/Desc | 2 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 15534 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 109268 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 2221 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 1551 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 109268 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 17755 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1551 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 6185674 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 6120941 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 55764 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 55764 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/OtherRevenueTotalAmt | 0 | 55764 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 261060 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 1689977 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1951037 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 34654 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 119101 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 153755 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 38164 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 204381 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 242545 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 951123 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 1202708 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 18097 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 26494 |
| IRS990/PrincipalOfficerNm | 0 | SANDRA K BREECE |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PRE-KINDERGARTEN |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | FOOD SERVICE |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | STUDENT ACTIVITIES |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 2 | 0 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 226869 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 23422 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 58539 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 2 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 4319413 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYOtherExpensesAmt | 0 | 1823721 |
| IRS990/PYOtherRevenueAmt | 0 | 140692 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 175875 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 396737 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 2415522 |
| IRS990/PYTotalExpensesAmt | 0 | 4239243 |
| IRS990/PYTotalRevenueAmt | 0 | 4635980 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 807413 |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 7000 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 5154956 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 35416 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 20984 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 56400 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 4347543 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 257332 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 43959 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt | 0 | 301291 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 5145833 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | REFUNDABLE DEPOSITS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | FINANCE LEASE RIGHT-OF-USE ASSET |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 41315 |
| IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 41315 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 6120941 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | FINANCE LEASE OBLIGATION |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 5154956 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | CHANGE IN NET ASSETS WITH DONOR RESTRICTIONS |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | Management believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The School would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt XI, Line 4b |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt X, Line 2 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 334063 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 5145833 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 4347543 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 6120941 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 5154956 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 5154956 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 4347543 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | true |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | THE 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/ExplanationTxt | 1 | THE POLICY IS INCLUDED AS PART OF THE REGISTRATION PACKET DISTRIBUTED TO STUDENTS/PARENTS. SEE DESCRIPTION ON SCHEDULE E. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Line 6b |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Line 3 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE SCHOOL DID NOT UTILIZE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE SCHOOLS 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/FormAndLineReferenceDesc | 0 | Pt VI, Line 8b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | false |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | false |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | false |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | false |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | TELESIS PREPARATORY ACADEMY INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 900099 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | AZ |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | EDUCATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 2598 STARLITE LANE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | LAKE HAVASU CITY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | AZ |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 86403 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | false |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | false |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | true |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | false |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | false |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | true |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | false |
| IRS990/SchoolOperatingInd | 0 | true |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 8412204 |
| IRS990/TotalAssetsEOYAmt | 0 | 9129740 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 8412204 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 9129740 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.