Civic Intelligence

Ed Ahead Inc

990 • Fiscal year 2015 • EIN 86-6053208

Jul 01, 2014 to Jun 30, 2015 • Filed on May 17, 2016

Organization ProfileACADEMYADVENTURESMIDTOWN.COM
1638 E Water StreetTucson, AZ 85716

(520) 465-1415

Siviq Scores

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

Liabilities / Assets

86th percentile

0.62x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

79th percentile

0.32x

Higher debt load relative to revenue than 79% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

55th percentile

5.0%

Higher net margin than 55% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

76th percentile

$67,793

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

97th percentile

222%

Faster asset growth than 97% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

25th percentile

-10%

Faster revenue growth than 25% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$354,913

Up $244,711 (+222%) from 2014

Net Assets

Up

$133,399

Up $34,317 (+35%) from 2014

Liabilities

Up

$221,514

Up $210,394 (+1892%) from 2014

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin55th percentile

Revenue

Down

$688,655

Down $76,803 (-10%) from 2014

Expenses

Down

$654,338

Down $63,343 (-8.8%) from 2014

Net Income

Down

$34,317

Down $13,460 (-28%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$600K$400K$200K$0-$200KAssets 2011: $29,760Liabilities 2011: $87,522Net Assets 2011: -$57,7622011Assets 2012: $63,441Liabilities 2012: $78,344Net Assets 2012: -$14,9032012Assets 2013: $97,155Liabilities 2013: $45,850Net Assets 2013: $51,3052013Assets 2014: $110,202Liabilities 2014: $11,120Net Assets 2014: $99,0822014Assets 2015: $354,913Liabilities 2015: $221,514Net Assets 2015: $133,3992015Assets 2016: $345,352Liabilities 2016: $185,062Net Assets 2016: $160,2902016Assets 2017: $321,878Liabilities 2017: $172,594Net Assets 2017: $149,2842017Assets 2018: $352,953Liabilities 2018: $185,843Net Assets 2018: $167,1102018Assets 2019: $364,038Liabilities 2019: $171,320Net Assets 2019: $192,7182019Assets 2020: $288,055Liabilities 2020: $153,064Net Assets 2020: $134,9912020Assets 2021: $352,867Liabilities 2021: $196,465Net Assets 2021: $156,4022021Assets 2022: $358,003Liabilities 2022: $201,870Net Assets 2022: $156,1332022Assets 2023: $466,377Liabilities 2023: $154,767Net Assets 2023: $311,6102023Assets 2024: $384,658Liabilities 2024: $147,857Net Assets 2024: $236,8012024

Highlighted filing

2015

Assets$354,913
Liabilities$221,514
Net Assets$133,399
Open 2015 Filing

Operations Trend

Revenue Growth25th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $283,484Expenses 2011: $325,145Net Income 2011: -$41,6612011Revenue 2012: $258,665Expenses 2012: $215,806Net Income 2012: $42,8592012Expenses 2013: $542,4242013Revenue 2014: $765,458Expenses 2014: $717,681Net Income 2014: $47,7772014Revenue 2015: $688,655Expenses 2015: $654,338Net Income 2015: $34,3172015Revenue 2016: $675,663Expenses 2016: $648,772Net Income 2016: $26,8912016Revenue 2017: $589,910Expenses 2017: $600,916Net Income 2017: -$11,0062017Revenue 2018: $595,832Expenses 2018: $578,006Net Income 2018: $17,8262018Revenue 2019: $637,132Expenses 2019: $611,524Net Income 2019: $25,6082019Revenue 2020: $415,069Expenses 2020: $472,796Net Income 2020: -$57,7272020Revenue 2021: $511,947Expenses 2021: $490,536Net Income 2021: $21,4112021Revenue 2022: $605,574Expenses 2022: $605,843Net Income 2022: -$2692022Revenue 2023: $696,320Expenses 2023: $541,721Net Income 2023: $154,5992023Revenue 2024: $434,225Expenses 2024: $508,655Net Income 2024: -$74,4302024

Highlighted filing

2015

Revenue$688,655
Expenses$654,338
Net Income$34,317
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 17, 2016
Return Version
2014v6.0
Gross Receipts
$688,655
Mission and Program Overview

Mission

Academy adventures midtown is based on the philosophy that each child grows physically, emotionally and intellectually in diverse ways and at different rates. We address differences by providing student appropriate activities, experiential learning, diverse learning centers, high teacher/student interactivity, and by use of a multi-age, multi-grade environment.

To provide a safe and nurturing environment for low income adults and their children so they may learn to identify and build on their strengths. We want to provide the highest quality of charter school education for grades k-5.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$31,758$277,646▲ $245,888
Cash and Non-Interest-Bearing Accounts$73,186$68,010▼ $5,176
Loans From Officers Directors$3,776$46,815▲ $43,039
Accounts Receivable$1,491$7,494▲ $6,003
Intangible Assets-$1,603-
Receivable From Disqualified Prsn$160$160→ $0
Total Assets$110,202$354,913▲ $244,711
Other Assets Total$3,607$0▼ $3,607
Liabilities
Mortgage Notes Payable Secured by Investment Property-$168,000-
Accounts Payable and Accrued Expenses$7,344$6,699▼ $645
Total Liabilities$11,120$221,514▲ $210,394
Net Assets / Fund Balance
Unrestricted Net Assets$82,181$119,787▲ $37,606
Temporarily Rstr Net Assets$16,901$13,612▼ $3,289
Total Net Assets Fund Balance$99,082$133,399▲ $34,317
Total Liabilities and Net Assets / Fund Balance$110,202$354,913▲ $244,711

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$180,000-$180,000
Leasehold Improvements$37,481$10,932$48,413
Land$45,000-$45,000
Equipment$15,165$9,655$24,820
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleBaseTotal
John T PenczarPresident/director$67,793$67,793

Board Members and Trustees

NameTitle
Bill BerkBoard Member
David DeconciniBoard Member
Earl DoranBoard Member
Gary BestBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$688,478
Program Service Revenue
$0
Investment Income
$177
Other Revenue
$0
All Other Contributions
$11,290
Change in Net Assets
$34,317

Audited Revenue Reconciliation

Revenue per Audited Statements
$688,305
Revenue Not Reported on Financial Statements
$350
Revenue Not Reported on Form 990
$3,639
Other Revenue Adjustments
$350
Total Revenue per Audited Statements
$691,944
Total Revenue per Form 990
$688,655
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$442,704
Other Expenses$210,634
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$319,446$87,230-$406,676
Occupancy$58,009--$58,009
Payroll Taxes$29,373$6,655-$36,028
Fees for Services Other$20,925$3,499-$24,424
Office Expenses$12,847$1,336-$14,183
Fees for Services Accounting-$8,513-$8,513
Insurance$1,854$6,133-$7,987
Conferences and Meetings$6,961--$6,961
Depreciation Depletion$5,525--$5,525
Other Expenses$8,032$5,054-$5,054
Grants to Domestic Orgs$1,000--$1,000
Fees for Services Legal-$974-$974
Travel-$379-$379
Total Functional Expenses$534,565$119,773$0$654,338

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$649,839
Total Expenses per Audited Statements$649,839
Total Expenses per Form 990$649,839
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
John PenczarExecutive Director/superintendentPayments for School Fees and ExpensesNo-

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$3,776$46,815▲ $43,039
Receivables from Disqualified Persons$160$160→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“Director reviews return before it is filed. All board members receive a copy of the return.”

Form 990, Part VI, Section B, Line 12

“Organization is in the process of creating and adopting a conflict of interest policy.”

Form 990, Part VI, Section B, Line 15A

“Salary schedules of tucson public schools are reviewed.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Ed Ahead Inc
EIN
86-6053208
Phone
5204651415
Address
1638 E WATER STREET, TUCSON, AZ 85716
Doing Business As
Academy Adventures Midtown

Signing Officer

Name
John Penczar
Title
President
Phone
5204651415
Signed
2016-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Penczar
Formed
1962
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
4
Employees
27
Volunteers
45

Preparer

Firm
R & a Cpas a Professional Corporation
Address
4542 E CAMP LOWELL STE 100, TUCSON, AZ 85712
Preparer
Don Radakovich
Phone
5208814900
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income tax as a not-for-profit organization under section 501(c)(3) of the internal revenue code and from state income taxes under arizona revised statutes. Accordingly, there are no income taxes reflected in these financial statements. Accounting principles generally accepted in the united states of america clarify the accounting for uncertainty in income taxes by creating a framework to recognize, measure, present, and disclose in financial statements uncertain tax positions that have been taken or are expected to be taken in a tax return. The organization's management believes that there are no material uncertain tax positions for which it is reasonably possible that reported total amounts could significantly differ from amounts that may be determined upon examination by taxing authorities. In general, the organization's federal and state tax returns remain subject to examination by taxing authorities for five years from the filing date. The organization is no longer subject to federal and state tax examination by taxing authorities for years before 2007, unless specific conditions are met.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Release of restricted assets”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Addition to restricted assets”

Raw XML AppendixShowing 400 of 423 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/BOYAmt07344
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06699
IRS990/AccountsReceivableGrp/BOYAmt01491
IRS990/AccountsReceivableGrp/EOYAmt07494
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE A SAFE AND NURTURING ENVIRONMENT FOR LOW INCOME ADULTS AND THEIR CHILDREN SO THEY MAY LEARN TO IDENTIFY AND BUILD ON THEIR STRENGTHS. WE WANT TO PROVIDE THE HIGHEST QUALITY OF CHARTER SCHOOL EDUCATION FOR GRADES K-5.
IRS990/AllOtherContributionsAmt011290
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ED AHEAD
IRS990/BooksInCareOfDetail/PhoneNum05204651415
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01638 E WATER STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0TUCSON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd085716
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd01
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt073186
IRS990/CashNonInterestBearingGrp/EOYAmt068010
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt06961
IRS990/ConferencesMeetingsGrp/TotalAmt06961
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0688478
IRS990/CYGrantsAndSimilarPaidAmt01000
IRS990/CYInvestmentIncomeAmt0177
IRS990/CYOtherExpensesAmt0210634
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt034317
IRS990/CYSalariesCompEmpBnftPaidAmt0442704
IRS990/CYTotalExpensesAmt0654338
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0688655
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt05525
IRS990/DepreciationDepletionGrp/TotalAmt05525
IRS990/Desc0PROVIDE THE HIGHEST LEVEL OF CHARTER SCHOOL EDUCATION BEGINNING WITH GRADES K-5 TO OVER 100 STUDENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0ACADEMY ADVENTURES MIDTOWN
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt027
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0534565
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08513
IRS990/FeesForServicesAccountingGrp/TotalAmt08513
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0974
IRS990/FeesForServicesLegalGrp/TotalAmt0974
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03499
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt020925
IRS990/FeesForServicesOtherGrp/TotalAmt024424
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN T PENCZAR
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID DECONCINI
IRS990/Form990PartVIISectionAGrp/PersonNm2BILL BERK
IRS990/Form990PartVIISectionAGrp/PersonNm3EARL DORAN
IRS990/Form990PartVIISectionAGrp/PersonNm4GARY BEST
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt067793
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01962
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0677188
IRS990/GrantAmt01000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0688655
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06133
IRS990/InsuranceGrp/ProgramServicesAmt01854
IRS990/InsuranceGrp/TotalAmt07987
IRS990/IntangibleAssetsGrp/EOYAmt01603
IRS990/InvestmentIncomeGrp/ExclusionAmt0177
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0177
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt020587
IRS990/LandBldgEquipBasisNetGrp/BOYAmt031758
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0277646
IRS990/LandBldgEquipCostOrOtherBssAmt0298233
IRS990/LegalDomicileStateCd0AZ
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt03776
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt046815
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ACADEMY ADVENTURES MIDTOWN IS BASED ON THE PHILOSOPHY THAT EACH CHILD GROWS PHYSICALLY, EMOTIONALLY AND INTELLECTUALLY IN DIVERSE WAYS AND AT DIFFERENT RATES. WE ADDRESS DIFFERENCES BY PROVIDING STUDENT APPROPRIATE ACTIVITIES, EXPERIENTIAL LEARNING, DIVERSE LEARNING CENTERS, HIGH TEACHER/STUDENT INTERACTIVITY, AND BY USE OF A MULTI-AGE, MULTI-GRADE ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0168000
IRS990/NetAssetsOrFundBalancesBOYAmt099082
IRS990/NetAssetsOrFundBalancesEOYAmt0133399
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt058009
IRS990/OccupancyGrp/TotalAmt058009
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01336
IRS990/OfficeExpensesGrp/ProgramServicesAmt012847
IRS990/OfficeExpensesGrp/TotalAmt014183
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03607
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MEALS FOR STUDENTS
IRS990/OtherExpensesGrp/Desc1ACADEMIC PROGRAM EXPENS
IRS990/OtherExpensesGrp/Desc2EXTRACURRICULAR ACTIVIT
IRS990/OtherExpensesGrp/Desc3DUES AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05054
IRS990/OtherExpensesGrp/ProgramServicesAmt056987
IRS990/OtherExpensesGrp/ProgramServicesAmt113606
IRS990/OtherExpensesGrp/ProgramServicesAmt28032
IRS990/OtherExpensesGrp/TotalAmt056987
IRS990/OtherExpensesGrp/TotalAmt113606
IRS990/OtherExpensesGrp/TotalAmt28032
IRS990/OtherExpensesGrp/TotalAmt35054
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt087230
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0319446
IRS990/OtherSalariesAndWagesGrp/TotalAmt0406676
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06655
IRS990/PayrollTaxesGrp/ProgramServicesAmt029373
IRS990/PayrollTaxesGrp/TotalAmt036028
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN PENCZAR
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0765284
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01000
IRS990/PYInvestmentIncomeAmt0174
IRS990/PYOtherExpensesAmt0233117
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt047777
IRS990/PYSalariesCompEmpBnftPaidAmt0483564
IRS990/PYTotalExpensesAmt0717681
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0765458
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt0160
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt0160
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt034317
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0180000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0180000
IRS990ScheduleD/EquipmentGrp/BookValueAmt015165
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09655
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024820
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0649839
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt045000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt045000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt037481
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010932
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt048413
IRS990ScheduleD/OtherRevenueAmt03639
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0350
IRS990ScheduleD/RevenueNotReportedAmt03639
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0350
IRS990ScheduleD/RevenueSubtotalAmt0688305
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX AS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM STATE INCOME TAXES UNDER ARIZONA REVISED STATUTES. ACCORDINGLY, THERE ARE NO INCOME TAXES REFLECTED IN THESE FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY CREATING A FRAMEWORK TO RECOGNIZE, MEASURE, PRESENT, AND DISCLOSE IN FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT HAVE BEEN TAKEN OR ARE EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION'S MANAGEMENT BELIEVES THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT REPORTED TOTAL AMOUNTS COULD SIGNIFICANTLY DIFFER FROM AMOUNTS THAT MAY BE DETERMINED UPON EXAMINATION BY TAXING AUTHORITIES. IN GENERAL, THE ORGANIZATION'S FEDERAL AND STATE TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR FIVE YEARS FROM THE FILING DATE. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL AND STATE TAX EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2007, UNLESS SPECIFIC CONDITIONS ARE MET.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RELEASE OF RESTRICTED ASSETS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2ADDITION TO RESTRICTED ASSETS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0277646
IRS990ScheduleD/TotalExpensesPerForm990Amt0649839
IRS990ScheduleD/TotalRevenuePerForm990Amt0688655
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0691944
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0649839
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S NONDISCRIMINATION POLICY IS INCLUDED ON THE REGISTRATION FORM AND ON OUR ADVERTISING BROCHURES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT PROVIDE SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2ED AHEAD RECEIVES EQUALIZATION ASSISTANCE PAYMENTS AND CLASSROOM SITE FUND MONIES FROM THE ARIZONA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0II PENCZARS INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JOHN PENCZAR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0EXECUTIVE DIRECTOR/SUPERINTENDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt150% OWNED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR/SUPERINTENDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PAYMENTS FOR SCHOOL FEES AND EXPENSES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1REIMBURSED EXPENSES PAID FOR BUILDING REPAIR AND MAINTENANCE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0815
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1160
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt246000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0II PENCZARS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt1SYDNEY INVESTMENT GROUP LLC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO HELP COVER EXPENSES UNTIL SCHOOL CAN BE FULLY INDEPENDENT.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1TO COVER PROFESSIONAL FEES AND EXPENSES UNTIL SCHOOL CAN BE INDEPENDENT.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2PAYROLL ADVANCE TO BE REPAID IN NEXT PAYROLL CYCLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3BUILDING PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt060000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt115166
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2160
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt346000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JACK PENCZAR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1EMPLOYEE ADVANCE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT OF THE BOARD AND HIS WIFE ARE 100% OWNERS OF II PENCZARS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1JACK PENCZAR IS THE PRESIDENT OF THE BOARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2EMPLOYEE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3OWNER IS A BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd31
IRS990ScheduleL/TotalBalanceDueAmt046975
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DIRECTOR REVIEWS RETURN BEFORE IT IS FILED. ALL BOARD MEMBERS RECEIVE A COPY OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION IS IN THE PROCESS OF CREATING AND ADOPTING A CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARY SCHEDULES OF TUCSON PUBLIC SCHOOLS ARE REVIEWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AZ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt016901
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt013612
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0110202
IRS990/TotalAssetsEOYAmt0354913
IRS990/TotalAssetsGrp/BOYAmt0110202
IRS990/TotalAssetsGrp/EOYAmt0354913
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0688478
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0119773
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0534565
IRS990/TotalFunctionalExpensesGrp/TotalAmt0654338
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011120
IRS990/TotalLiabilitiesEOYAmt0221514
IRS990/TotalLiabilitiesGrp/BOYAmt011120
IRS990/TotalLiabilitiesGrp/EOYAmt0221514
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt099082
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0133399
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0534565
IRS990/TotalReportableCompFromOrgAmt067793
IRS990/TotalRevenueGrp/ExclusionAmt0177
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0688655
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt045
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0110202
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0354913
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0379
IRS990/TravelGrp/TotalAmt0379
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt082181
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0119787
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01638 E WATER STREET
IRS990/USAddress/CityNm0TUCSON
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085719
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0ACADEMYADVENTURESMIDTOWN.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN PENCZAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$354,913
Liabilities
$221,514
Net assets
$133,399
Revenue
$688,655
Expenses
$654,338
Net income
$34,317
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.85$1.48$2.37$4.34$5.09$0.74
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.66$1.55$3.12$6.96$5.42$1.55
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.58$2.02$1.56$6.06$6.06$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.53$1.96$1.56$5.12$4.91$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.88$1.53$1.35$4.15$4.73$0.58
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.64$1.71$1.93$6.37$6.12$0.26
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.53$1.86$1.67$5.96$5.78$0.18
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$1.73$1.49$5.90$6.01$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.45$1.85$1.60$6.76$6.49$0.27
2015Detailed filing. Detailed filing data is available for this year.$3.55$2.22$1.33$6.89$6.54$0.34
2014Detailed filing. Detailed filing data is available for this year.$1.10$0.11$0.99$7.65$7.18$0.48
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.46$0.51$5.42
2012Summary only. Only limited summary data is available for this year.$0.63$0.78$0.15$2.59$2.16$0.43
2011Summary only. Only limited summary data is available for this year.$0.30$0.88$0.58$2.83$3.25$0.42