Civic Intelligence

Ed Ahead Inc

990 • Fiscal year 2024 • EIN 86-6053208

Jul 01, 2023 to Jun 30, 2024 • Filed on May 15, 2025

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

0.38x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

0.34x

Higher debt load relative to revenue than 90% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

21st percentile

-17%

Higher net margin than 21% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

97th percentile

$89,211

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 20.5% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

26th percentile

-18%

Faster asset growth than 26% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-38%

Faster revenue growth than 15% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$384,658

Down $81,719 (-18%) from 2023

Net Assets

Down

$236,801

Down $74,809 (-24%) from 2023

Liabilities

Down

$147,857

Down $6,910 (-4.5%) from 2023

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin21st percentile

Revenue

Down

$434,225

Down $262,095 (-38%) from 2023

Expenses

Down

$508,655

Down $33,066 (-6.1%) from 2023

Net Income

Down

-$74,430

Down $229,029 (-148%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth26th 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

2024

Assets$384,658
Liabilities$147,857
Net Assets$236,801
Open 2024 Filing

Operations Trend

Revenue Growth15th 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

2024

Revenue$434,225
Expenses$508,655
Net Income-$74,430
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$434,225
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. To provide the highest quali

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$282,486$273,831▼ $8,655
Accounts Receivable$15,628$58,935▲ $43,307
Cash and Non-Interest-Bearing Accounts$167,919$51,708▼ $116,211
Loans From Officers Directors$7,179$232▼ $6,947
Intangible Assets$323$163▼ $160
Receivables From Officers Etc$21$21→ $0
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$466,377$384,658▼ $81,719
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$134,463$129,522▼ $4,941
Accounts Payable and Accrued Expenses$13,125$18,103▲ $4,978
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$154,767$147,857▼ $6,910
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$296,301$221,871▼ $74,430
Net Assets With Donor Restrictions$15,309$14,930▼ $379
Total Net Assets Fund Balance$311,610$236,801▼ $74,809
Total Liabilities and Net Assets / Fund Balance$466,377$384,658▼ $81,719

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$140,725$42,367$183,092
Leasehold Improvements$83,504$41,762$125,266
Equipment$4,602$40,499$45,101
Land$45,000-$45,000
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseTotal
John T PenczarPresident/DirectorFT$89,211$89,211

Board Members and Trustees

NameTitle
David DeconciniBoard Member
Earl DoranBoard Member
Gary BestBoard Member/ Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$421,022
Program Service Revenue
$0
Investment Income
$3,927
Other Revenue
$9,276
Change in Net Assets
$-74,430

Audited Revenue Reconciliation

Revenue per Audited Statements
$434,225
Total Revenue per Audited Statements
$434,225
Total Revenue per Form 990
$434,225
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$344,608
Other Expenses$164,047
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$279,209$39,987-$319,196
Fees for Services Other$49,235$14,356-$63,591
Occupancy$23,486$2,610-$26,096
Payroll Taxes$21,261$3,184-$24,445
Fees for Services Accounting-$12,500-$12,500
Depreciation Depletion$7,789$866-$8,655
Interest$6,738$749-$7,487
Office Expenses-$6,638-$6,638
Other Expenses$18,048$2,049$0$2,049
Fees for Services Legal-$1,406-$1,406
Other Employee Benefits$967--$967
Total Functional Expenses$422,590$86,065$0$508,655

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$508,655
Total Expenses per Audited Statements$508,655
Total Expenses per Form 990$508,655
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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 DirectorReimbursed expenses & servicesNo-

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$7,179$232▼ $6,947
Receivables from Officers, Directors, Trustees, and Key Employees$21$21→ $0
Receivables from Disqualified Persons$0$0→ $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

Part VI, Section B, Line 11B

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

Part VI, Section B, Line 12

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

Part VI, Section B, Line 15A

“Salary schedules of Tucson public schools are reviewed.”

Part VI, Section C, Line 19

“Available upon request”

Filing and Contact Details

Filer

Filer Name
Ed Ahead Inc
EIN
86-6053208
In Care Of
% ED AHEAD
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
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Penczar
Formed
1962
Legal Domicile
Az
Voting Board Members
4
Independent Board Members
3
Employees
10
Volunteers
0

Preparer

Firm
R&A CPAs PLLC
Address
4542 E CAMP LOWELL DR STE 100, TUCSON, AZ 85712
Preparer
Nathaniel K Eggman
Phone
5208814900
Supplemental Narrative

Additional Explanations

Part 1, Line 1

“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.”

Part XI, Line 9, changes in Net Assets

“Decrease in net assets with donor restrictions 379”

Form 990 Part IX Line 11G

“Description:other purchased services total fees:20938”

Form 990 Part IX Line 11G

“Description:professional education total fees:42653”

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.”

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IRS990/OtherExpensesGrp/TotalAmt118495
IRS990/OtherExpensesGrp/TotalAmt22049
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09276
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09276
IRS990/OtherRevenueTotalAmt09276
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt039987
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0279209
IRS990/OtherSalariesAndWagesGrp/TotalAmt0319196
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03184
IRS990/PayrollTaxesGrp/ProgramServicesAmt021261
IRS990/PayrollTaxesGrp/TotalAmt024445
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0John Penczar
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0694259
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01626
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0142374
IRS990/PYOtherRevenueAmt0435
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0154599
IRS990/PYSalariesCompEmpBnftPaidAmt0399347
IRS990/PYTotalExpensesAmt0541721
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0696320
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt021
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt021
IRS990/ReconcilationRevenueExpnssAmt0-74430
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0140725
IRS990ScheduleD/BuildingsGrp/DepreciationAmt042367
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0183092
IRS990ScheduleD/EquipmentGrp/BookValueAmt04602
IRS990ScheduleD/EquipmentGrp/DepreciationAmt040499
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt045101
IRS990ScheduleD/ExpensesSubtotalAmt0508655
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt045000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt045000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt083504
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt041762
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0125266
IRS990ScheduleD/RevenueSubtotalAmt0434225
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/FormAndLineReferenceDesc0Part X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0273831
IRS990ScheduleD/TotalExpensesPerForm990Amt0508655
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt0434225
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0434225
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0508655
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
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 1, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part 1, Line 4d
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Part 1, Line 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0John Penczar
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Executive Director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Reimbursed expenses & services
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0232
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt121
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0To cover fees & exp
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Payroll Advance
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2Program funds - 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/PersonNm2Educational Impact
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/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/TotalBalanceDueAmt0253
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0To 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Director reviews return before it is filed. All board members receive a copy of the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Organization is in the process of creating and adopting a conflict of interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Salary schedules of Tucson public schools are reviewed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Decrease in net assets with donor restrictions 379
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION:OTHER PURCHASED SERVICES TOTAL FEES:20938
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DESCRIPTION:PROFESSIONAL EDUCATION TOTAL FEES:42653
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part 1, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Section B, Line 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI, Section B, Line 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part XI, Line 9, changes in Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PART IX LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990 PART IX LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$384,658
Liabilities
$147,857
Net assets
$236,801
Revenue
$434,225
Expenses
$508,655
Net income
-$74,430
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$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