Civic Intelligence

Ed Ahead Inc

990 • Fiscal year 2022 • EIN 86-6053208

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

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

88th percentile

0.56x

Higher debt load relative to assets than 88% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

82nd percentile

0.33x

Higher debt load relative to revenue than 82% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

37th percentile

-0.0%

Higher net margin than 37% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

84th percentile

$86,659

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 14.3% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

49th percentile

1.5%

Faster asset growth than 49% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

61st percentile

18%

Faster revenue growth than 61% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$358,003

Up $5,136 (+1.5%) from 2021

Net Assets

Down

$156,133

Down $269 (-0.2%) from 2021

Liabilities

Up

$201,870

Up $5,405 (+2.8%) from 2021

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin37th percentile

Revenue

Up

$605,574

Up $93,627 (+18%) from 2021

Expenses

Up

$605,843

Up $115,307 (+24%) from 2021

Net Income

Down

-$269

Down $21,680 (-101%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth49th 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

2022

Assets$358,003
Liabilities$201,870
Net Assets$156,133
Open 2022 Filing

Operations Trend

Revenue Growth61st 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

2022

Revenue$605,574
Expenses$605,843
Net Income-$269
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$605,871
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$244,322$239,009▼ $5,313
Cash and Non-Interest-Bearing Accounts$102,137$87,134▼ $15,003
Accounts Receivable$4,908$31,356▲ $26,448
Loans From Officers Directors$31,521$14,075▼ $17,446
Prepaid Expenses and Deferred Charges$836--
Intangible Assets$643$483▼ $160
Receivable From Disqualified Prsn$21$21→ $0
Total Assets$352,867$358,003▲ $5,136
Liabilities
Mortgage Notes Payable Secured by Investment Property$143,467$139,091▼ $4,376
Accounts Payable and Accrued Expenses$21,477$48,704▲ $27,227
Total Liabilities$196,465$201,870▲ $5,405
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$156,402$141,702▼ $14,700
Net Assets With Donor Restrictions$0$14,431▲ $14,431
Total Net Assets Fund Balance$156,402$156,133▼ $269
Total Liabilities and Net Assets / Fund Balance$352,867$358,003▲ $5,136

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$150,115$32,977$183,092
Leasehold Improvements$37,053$35,473$72,526
Land$45,000-$45,000
Equipment$4,141$38,260$42,401
Other Land Buildings$2,700-$2,700
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseTotal
John T PenczarPresident/directorFT$86,659$86,659

Board Members and Trustees

NameTitle
Angela TownerBoard Member
David DeconciniBoard Member
Earl DoranBoard Member
Gary BestSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$605,341
Program Service Revenue
$0
Investment Income
$-272
Other Revenue
$505
All Other Contributions
$879
Change in Net Assets
$-269

Audited Revenue Reconciliation

Revenue per Audited Statements
$605,574
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$317
Total Revenue per Audited Statements
$605,891
Total Revenue per Form 990
$605,574
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$416,946
Other Expenses$188,897
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$285,033$100,096-$385,129
Payroll Taxes$24,160$7,657-$31,817
Fees for Services Accounting-$19,661-$19,661
Occupancy$14,812$2,437-$17,249
Insurance$811$11,297-$12,108
Other Expenses$10,870$3,966-$10,870
All Other Expenses$8,375$1,713-$10,088
Depreciation Depletion$8,200$1,071-$9,271
Interest$7,103$789-$7,892
Fees for Services Legal-$6,554-$6,554
Office Expenses-$4,080-$4,080
Advertising-$1,582-$1,582
Total Functional Expenses$444,940$160,903$0$605,843

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$605,843
Expenses per Audited Statements$605,841
Total Expenses per Audited Statements$605,841
Expenses Not Reported on Financial Statements$2
Other Expense Adjustments$2
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/superintendentReimbursed Expenses, Maintenance, and Other ServicesNo$38,509

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$31,521$14,075▼ $17,446
Receivables from Disqualified Persons$21$21→ $0
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
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 11B

“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
2023-05-15
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
16
Volunteers
0

Preparer

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

Financial Statement Notes

PART X, LINE 2:

“Ed ahead, inc. Dba academy adventures midtown is an organization exempt from income taxation under section 501 (a) as an entity described in section 501(c) (3) of the internal revenue code of 1986, as amended. It is not classified as a private foundation. The school's federal income tax returns are subject to examination by the internal revenue service, generally for three years after they are filed.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Decreases in net assets with donor restrictions 317.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“ROUNDING DIFFERENCES 2.”

Raw XML AppendixShowing 400 of 431 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/BOYAmt021477
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt048704
IRS990/AccountsReceivableGrp/BOYAmt04908
IRS990/AccountsReceivableGrp/EOYAmt031356
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/AdvertisingGrp/ManagementAndGeneralAmt01582
IRS990/AdvertisingGrp/TotalAmt01582
IRS990/AllOtherContributionsAmt0879
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01713
IRS990/AllOtherExpensesGrp/ProgramServicesAmt08375
IRS990/AllOtherExpensesGrp/TotalAmt010088
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/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt0102137
IRS990/CashNonInterestBearingGrp/EOYAmt087134
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0605341
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-272
IRS990/CYOtherExpensesAmt0188897
IRS990/CYOtherRevenueAmt0505
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-269
IRS990/CYSalariesCompEmpBnftPaidAmt0416946
IRS990/CYTotalExpensesAmt0605843
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0605574
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01071
IRS990/DepreciationDepletionGrp/ProgramServicesAmt08200
IRS990/DepreciationDepletionGrp/TotalAmt09271
IRS990/Desc0PROVIDE THE HIGHEST LEVEL OF CHARTER SCHOOL EDUCATION BEGINNING WITH GRADES K-5 TO OVER 60 STUDENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0ACADEMY ADVENTURES MIDTOWN
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt014431
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt016
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0444940
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt019661
IRS990/FeesForServicesAccountingGrp/TotalAmt019661
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt06554
IRS990/FeesForServicesLegalGrp/TotalAmt06554
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
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/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN T PENCZAR
IRS990/Form990PartVIISectionAGrp/PersonNm1GARY BEST
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID DECONCINI
IRS990/Form990PartVIISectionAGrp/PersonNm3EARL DORAN
IRS990/Form990PartVIISectionAGrp/PersonNm4ANGELA TOWNER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt086659
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/TitleTxt1SECRETARY
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/GainOrLossGrp/OtherAmt0-297
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0604462
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0605871
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt011297
IRS990/InsuranceGrp/ProgramServicesAmt0811
IRS990/InsuranceGrp/TotalAmt012108
IRS990/IntangibleAssetsGrp/BOYAmt0643
IRS990/IntangibleAssetsGrp/EOYAmt0483
IRS990/InterestGrp/ManagementAndGeneralAmt0789
IRS990/InterestGrp/ProgramServicesAmt07103
IRS990/InterestGrp/TotalAmt07892
IRS990/InvestmentIncomeGrp/ExclusionAmt025
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt025
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0106710
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0244322
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0239009
IRS990/LandBldgEquipCostOrOtherBssAmt0345719
IRS990/LegalDomicileStateCd0AZ
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0297
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt031521
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt014075
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/BOYAmt0143467
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0139091
IRS990/NetAssetsOrFundBalancesBOYAmt0156402
IRS990/NetAssetsOrFundBalancesEOYAmt0156133
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-297
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-297
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0156402
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0141702
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02437
IRS990/OccupancyGrp/ProgramServicesAmt014812
IRS990/OccupancyGrp/TotalAmt017249
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04080
IRS990/OfficeExpensesGrp/TotalAmt04080
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ACADEMIC PROGRAM EXPENS
IRS990/OtherExpensesGrp/Desc1MEALS FOR STUDENTS
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL AND MA
IRS990/OtherExpensesGrp/Desc3SUPPORT SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03966
IRS990/OtherExpensesGrp/ProgramServicesAmt051136
IRS990/OtherExpensesGrp/ProgramServicesAmt127317
IRS990/OtherExpensesGrp/ProgramServicesAmt27123
IRS990/OtherExpensesGrp/ProgramServicesAmt310870
IRS990/OtherExpensesGrp/TotalAmt051136
IRS990/OtherExpensesGrp/TotalAmt127317
IRS990/OtherExpensesGrp/TotalAmt211089
IRS990/OtherExpensesGrp/TotalAmt310870
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0505
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0505
IRS990/OtherRevenueTotalAmt0505
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0100096
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0285033
IRS990/OtherSalariesAndWagesGrp/TotalAmt0385129
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07657
IRS990/PayrollTaxesGrp/ProgramServicesAmt024160
IRS990/PayrollTaxesGrp/TotalAmt031817
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0836
IRS990/PrincipalOfficerNm0JOHN PENCZAR
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0511932
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt015
IRS990/PYOtherExpensesAmt0143743
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt021411
IRS990/PYSalariesCompEmpBnftPaidAmt0346793
IRS990/PYTotalExpensesAmt0490536
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0511947
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt021
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt021
IRS990/ReconcilationRevenueExpnssAmt0-269
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0505
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0150115
IRS990ScheduleD/BuildingsGrp/DepreciationAmt032977
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0183092
IRS990ScheduleD/EquipmentGrp/BookValueAmt04141
IRS990ScheduleD/EquipmentGrp/DepreciationAmt038260
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt042401
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt02
IRS990ScheduleD/ExpensesSubtotalAmt0605841
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt045000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt045000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt037053
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt035473
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt072526
IRS990ScheduleD/OtherExpensesNotIncludedAmt02
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02700
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02700
IRS990ScheduleD/OtherRevenueAmt0317
IRS990ScheduleD/RevenueNotReportedAmt0317
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0605574
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ED AHEAD, INC. DBA ACADEMY ADVENTURES MIDTOWN IS AN ORGANIZATION EXEMPT FROM INCOME TAXATION UNDER SECTION 501 (A) AS AN ENTITY DESCRIBED IN SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. IT IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE SCHOOL'S FEDERAL INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS 317.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2ROUNDING DIFFERENCES 2.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0239009
IRS990ScheduleD/TotalExpensesPerForm990Amt0605843
IRS990ScheduleD/TotalRevenuePerForm990Amt0605574
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0605891
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0605841
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/PersonNm0JOHN PENCZAR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0EXECUTIVE DIRECTOR/SUPERINTENDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt038509
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0REIMBURSED EXPENSES, MAINTENANCE, AND OTHER SERVICES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt07072
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt121
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt27003
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0EDUCATIONAL IMPACT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO COVER PROFESSIONAL FEES AND EXPENSES UNTIL SCHOOL CAN BE INDEPENDENT.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1PAYROLL ADVANCE TO BE REPAID IN NEXT PAYROLL CYCLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2SHORTFALL OF PASSTHROUGH INCOME FROM NSLP
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt04120
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1935
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt227401
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JACK PENCZAR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1EMPLOYEE ADVANCE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0JACK PENCZAR IS THE PRESIDENT OF THE BOARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1EMPLOYEE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2JACK PENCZAR, GARY BEST AND EARL DORAN ARE BOARD MEMBERS OF THIS 501(C)(3)
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/TotalBalanceDueAmt014096
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 11B
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0352867
IRS990/TotalAssetsEOYAmt0358003
IRS990/TotalAssetsGrp/BOYAmt0352867
IRS990/TotalAssetsGrp/EOYAmt0358003
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0605341
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0160903
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0444940
IRS990/TotalFunctionalExpensesGrp/TotalAmt0605843
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0196465
IRS990/TotalLiabilitiesEOYAmt0201870
IRS990/TotalLiabilitiesGrp/BOYAmt0196465
IRS990/TotalLiabilitiesGrp/EOYAmt0201870
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0156402
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0156133
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0444940
IRS990/TotalReportableCompFromOrgAmt086659
IRS990/TotalRevenueGrp/ExclusionAmt0-272
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0505
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0605574
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0352867
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0358003
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$358,003
Liabilities
$201,870
Net assets
$156,133
Revenue
$605,574
Expenses
$605,843
Net income
-$269
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
2022Detailed filing. Detailed filing data is available for this year.$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