Civic Intelligence

Avondale Learning

990 • Fiscal year 2020 • EIN 86-1043009

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2021

7318 W Lynwood StPhoenix, AZ 85035

(623) 936-8682

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.14x

Higher debt load relative to assets than 63% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.15x

Higher debt load relative to revenue than 64% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

24th percentile

-9.8%

Higher net margin than 24% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

43rd percentile

3.3%

Faster asset growth than 43% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

-3.5%

Faster revenue growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$826,227

Up $26,319 (+3.3%) from 2019

Net Assets

Down

$713,992

Down $74,078 (-9.4%) from 2019

Liabilities

Up

$112,235

Up $100,397 (+848%) from 2019

Revenue

Down

$759,453

Down $27,715 (-3.5%) from 2019

Expenses

Down

$833,531

Down $64,039 (-7.1%) from 2019

Net Income

Up

-$74,078

Up $36,324 (+33%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,032,642Liabilities 2011: $477,249Net Assets 2011: $555,3932011Assets 2012: $980,852Liabilities 2012: $428,040Net Assets 2012: $552,8122012Assets 2013: $630,653Liabilities 2013: $10,306Net Assets 2013: $620,3472013Assets 2014: $749,984Liabilities 2014: $9,379Net Assets 2014: $740,6052014Assets 2015: $768,855Liabilities 2015: $11,507Net Assets 2015: $757,3482015Assets 2016: $719,965Liabilities 2016: $10,256Net Assets 2016: $709,7092016Assets 2017: $823,490Liabilities 2017: $9,990Net Assets 2017: $813,5002017Assets 2018: $910,030Liabilities 2018: $11,558Net Assets 2018: $898,4722018Assets 2019: $799,908Liabilities 2019: $11,838Net Assets 2019: $788,0702019Assets 2020: $826,227Liabilities 2020: $112,235Net Assets 2020: $713,9922020Assets 2021: $768,782Liabilities 2021: $16,942Net Assets 2021: $751,8402021Assets 2022: $824,200Liabilities 2022: $22,070Net Assets 2022: $802,1302022Assets 2023: $933,977Liabilities 2023: $23,510Net Assets 2023: $910,4672023Assets 2024: $1,245,204Liabilities 2024: $28,502Net Assets 2024: $1,216,7022024Assets 2025: $903,817Liabilities 2025: $9,026Net Assets 2025: $894,7912025

Highlighted filing

2020

Assets$826,227
Liabilities$112,235
Net Assets$713,992

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $710,185Expenses 2011: $653,999Net Income 2011: $56,1862011Revenue 2012: $636,861Expenses 2012: $639,442Net Income 2012: -$2,5812012Revenue 2013: $748,713Expenses 2013: $681,178Net Income 2013: $67,5352013Revenue 2014: $812,982Expenses 2014: $692,724Net Income 2014: $120,2582014Revenue 2015: $711,446Expenses 2015: $694,703Net Income 2015: $16,7432015Revenue 2016: $781,972Expenses 2016: $829,611Net Income 2016: -$47,6392016Revenue 2017: $883,388Expenses 2017: $779,597Net Income 2017: $103,7912017Revenue 2018: $865,310Expenses 2018: $780,338Net Income 2018: $84,9722018Revenue 2019: $787,168Expenses 2019: $897,570Net Income 2019: -$110,4022019Revenue 2020: $759,453Expenses 2020: $833,531Net Income 2020: -$74,0782020Revenue 2021: $906,013Expenses 2021: $868,165Net Income 2021: $37,8482021Revenue 2022: $865,163Expenses 2022: $783,005Net Income 2022: $82,1582022Revenue 2023: $873,887Expenses 2023: $765,550Net Income 2023: $108,3372023Revenue 2024: $1,049,688Expenses 2024: $741,627Net Income 2024: $308,0612024Revenue 2025: $988,533Expenses 2025: $1,310,444Net Income 2025: -$321,9112025

Highlighted filing

2020

Revenue$759,453
Expenses$833,531
Net Income-$74,078
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.1
Gross Receipts
$759,453
Mission and Program Overview

Mission

To help students reach their maximum potential for a successful life in the 21st Century, prepare students for postseconday education and to lay the foundation for entry into professional/business careers.

To help students reach their maximum potential for a successful life in the 21st century and prepare students for postsecondary education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$773,946$808,082▲ $34,136
Land, Buildings, and Equipment, Net$14,442$11,338▼ $3,104
Pledges and Grants Receivable$9,843$5,647▼ $4,196
Prepaid Expenses and Deferred Charges$1,677$1,160▼ $517
Total Assets$799,908$826,227▲ $26,319
Liabilities
Unsecured Notes Loans Payable-$97,801-
Accounts Payable and Accrued Expenses$11,838$14,434▲ $2,596
Total Liabilities$11,838$112,235▲ $100,397
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$788,070$713,992▼ $74,078
Total Net Assets Fund Balance$788,070$713,992▼ $74,078
Total Liabilities and Net Assets / Fund Balance$799,908$826,227▲ $26,319

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$781$164,227$165,008
Leasehold Improvements$10,557$37,731$48,288
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Caroline WhiteBd Member/Ed. DirectorFT$83,656$15,582$99,238
Capri LandiBd Member/TeacherFT$64,855$11,757$76,612
Patrick FinnBd Member/TeacherFT$55,115$11,442$66,557
Nieves AripreBd Member/SecretaryPT$32,595$14,509$47,104
Revenue and Support

Revenue Composition

Contributions and Grants
$756,650
Program Service Revenue
$0
Investment Income
$102
Other Revenue
$2,701
All Other Contributions
$84,000
Change in Net Assets
$-74,078

Audited Revenue Reconciliation

Revenue per Audited Statements
$759,453
Total Revenue per Audited Statements
$759,453
Total Revenue per Form 990
$759,453
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$606,947
Other Expenses$226,584
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$282,219$0$0$282,219
Other Salaries and Wages$282,195$0$0$282,195
Occupancy$150,314$0$0$150,314
Payroll Taxes$36,219$0$0$36,219
Fees for Services Accounting$0$31,664$0$31,664
Fees for Services Other$595$20,995$0$21,590
Office Expenses$12,788$103$0$12,891
Pension Plan Contributions$6,314$0$0$6,314
Information Technology$4,164$0$0$4,164
Depreciation Depletion$3,104$0$0$3,104
Insurance$1,865$0$0$1,865
Other Expenses$0$531$0$531
Advertising$447$0$0$447
Travel$14$0$0$14
Total Functional Expenses$780,238$53,293$0$833,531

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$833,531
Total Expenses per Audited Statements$833,531
Total Expenses per Form 990$833,531
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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
No
Filing and Contact Details

Filer

Filer Name
Avondale Learning
EIN
86-1043009
Phone
6239368682
Address
7318 W Lynwood St, Phoenix, AZ 85035
Doing Business As
Precision Academy

Signing Officer

Name
Patrick Finn
Title
Director
Phone
6239368682
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Finn
Formed
2001
Legal Domicile
Az
Voting Board Members
4
Independent Board Members
0
Employees
13
Volunteers
0

Preparer

Firm
Lorenzo Plc
Address
1450 W GUADALUPE RD STE 111, GILBERT, AZ 85233
Preparer
Anthony Lorenzo
Phone
4806441097
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Director receives the Form 990 directly from the CPA. Board members read the return for accuracy, address questions or concerns prior to filing, and then approve the Business Manager to file the return.

Pt VI, Line 12C

The Conflict of Interest form is completed by the Board members, and reviewed at board meetings at least annually. If the Board determines a conflict exists, the individual is prohibited from participating in the Board's deliberation and decision on the transaction.

Pt VI, Line 19

The School provides the material upon request.

Financial Statement Notes

Pt X, Line 2

Uncertain Tax Positions - The School accounts for uncertain tax positions, if any, in accordance with FASB Accounting Standards Codification Section 740. In accordance with these professional standards the School recognizes tax positions only to the extent that Management believes it is "more likely than not" that its tax positions will be sustained upon IRS examination. Management believes that it has no uncertain tax positions for the year ended June 30, 2020.

Raw XML AppendixShowing 400 of 417 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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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/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The School receives monthly aid payments and grants from the State of Arizona based on the number of students enrolled and attending. These funds are used in accordance with the requirements set forth by the State of Arizona.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Director receives the Form 990 directly from the CPA. Board members read the return for accuracy, address questions or concerns prior to filing, and then approve the Business Manager to file the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Conflict of Interest form is completed by the Board members, and reviewed at board meetings at least annually. If the Board determines a conflict exists, the individual is prohibited from participating in the Board's deliberation and decision on the transaction.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The School provides the material upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0861028290
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0AZ
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct00.00000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0Rent land & bldgs & provide Mgmt. Svcs
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0Western Charter School Services
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt011179 W Alvarado Rd
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0Avondale
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd085392
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Vista Charter School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0861043217
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501c(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Education
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(b)(1)(A)(ii)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt07318 W Lynwood St
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Phoenix
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd085035
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0true
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0799908
IRS990/TotalAssetsEOYAmt0826227
IRS990/TotalAssetsGrp/BOYAmt0799908
IRS990/TotalAssetsGrp/EOYAmt0826227
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0756650
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt053293
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0780238
IRS990/TotalFunctionalExpensesGrp/TotalAmt0833531
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011838
IRS990/TotalLiabilitiesEOYAmt0112235
IRS990/TotalLiabilitiesGrp/BOYAmt011838
IRS990/TotalLiabilitiesGrp/EOYAmt0112235
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0788070
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0713992
IRS990/TotalOtherCompensationAmt045091
IRS990/TotalProgramServiceExpensesAmt0780238
IRS990/TotalReportableCompFromOrgAmt0236221
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02803
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0759453
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0799908
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0826227
IRS990/TotReportableCompRltdOrgAmt08199
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt014
IRS990/TravelGrp/TotalAmt014
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt097801
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07318 W Lynwood St
IRS990/USAddress/CityNm0Phoenix
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085035
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0precisionacademyschool.wordpress.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Patrick Finn
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06239368682
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Avondale Learning
ReturnHeader/Filer/BusinessNameControlTxt0AVON
ReturnHeader/Filer/EIN0861043009
ReturnHeader/Filer/PhoneNum06239368682

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.90$0.01$0.89$0.99$1.31$0.32
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.03$1.22$1.05$0.74$0.31
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.02$0.91$0.87$0.77$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.02$0.80$0.87$0.78$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.02$0.75$0.91$0.87$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.83$0.11$0.71$0.76$0.83$0.07
2019Summary only. Only limited summary data is available for this year.$0.80$0.01$0.79$0.79$0.90$0.11
2018Summary only. Only limited summary data is available for this year.$0.91$0.01$0.90$0.87$0.78$0.08
2017Summary only. Only limited summary data is available for this year.$0.82$0.01$0.81$0.88$0.78$0.10
2016Summary only. Only limited summary data is available for this year.$0.72$0.01$0.71$0.78$0.83$0.05
2015Summary only. Only limited summary data is available for this year.$0.77$0.01$0.76$0.71$0.69$0.02
2014Summary only. Only limited summary data is available for this year.$0.75$0.01$0.74$0.81$0.69$0.12
2013Summary only. Only limited summary data is available for this year.$0.63$0.01$0.62$0.75$0.68$0.07
2012Summary only. Only limited summary data is available for this year.$0.98$0.43$0.55$0.64$0.64$0.00
2011Summary only. Only limited summary data is available for this year.$1.03$0.48$0.56$0.71$0.65$0.06