Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.64x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
91st percentile
Higher net margin than 91% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$69,573
No earlier filing loaded for comparison.
Net Assets
$24,918
No earlier filing loaded for comparison.
Liabilities
$44,655
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$123,569
No earlier filing loaded for comparison.
Expenses
$59,763
No earlier filing loaded for comparison.
Net Income
$63,806
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- Sep 3, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $123,569
Mission and Program Overview
Mission
The organization uses any contribution to fund general operations of the organization and to purchase educational equipment for the children.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| ROWAN ACADEMY IS A PLAY-BASED, INCLUSIVE, EARLY LEARNING CENTER FOCUSED ON THE FUNDAMENTAL AREAS OF CRITICAL THINKING, FINE MOTOR, SOCIAL- EMOTIONAL AND SELF-HELP SKILLS. | $0 | $59,763 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MARY ROSE WOO | Executive Director | FT | $0 | - | - |
| SUZANNE STYLE | Assistant Executive Director & Sec | FT | $0 | - | - |
| PAUL WOO | Treasurer | PT | $0 | - | - |
| CYNTHIA HUTCHINSON | Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Rowan Academy
- EIN
- 88-4414558
- Phone
- 8048372158
- Address
- 6002 WEST CLUB LANE, RICHMOND, VA 23226
Signing Officer
- Name
- Mary Rose Woo
- Title
- Executive Director
- Phone
- 8048372158
- Signed
- 2024-09-03
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Valderas Financial Solutions LLC
- Address
- 4914 FITZHUGH AVENUE STE 200, RICHMOND, VA 23230
- Preparer
- Margaretha Valderas CPA
- Phone
- 8049121505
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: investment income. Amount: 28. Total to form 990-ez, line 14: 5,973.”
Form 990-ez, Part I, Line 14
“Description: depreciation. Amount: 179. Description: other expenses. Amount: 5,794.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: advertising & marketing. Amount: 751. Description: interest . Amount: 649. Description: bank fees & service charges. Amount: 630. Description: membership & subscriptions. Amount: 125. Description: office supplies. Amount: 231. Description: regulatory, compliance & licensing. Amount: 692. Description: small tools & equipment. Amount: 298. Description: software & apps. Amount: 695. Description: supplies. Amount: 5,970. Total to form 990-ez, line 16: 10,041.”
Form 990-ez, Part I, Line 20 - Other Changes in Net Assets
“Description: accural to cash. Amount: -1,872.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 2,511.”
Raw XML Appendix156 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8048372158 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6002 WEST CLUB LANE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | RICHMOND |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 23226 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 3161 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 67062 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 1810 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 63806 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 25304 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 3161 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 69573 |
| IRS990EZ/GrossReceiptsAmt | 0 | 123569 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -37016 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 24918 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -37016 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 24918 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 5973 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 45.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 45.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 8.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MARY ROSE WOO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SUZANNE STYLE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | PAUL WOO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | CYNTHIA HUTCHINSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | ASSISTANT EXECUTIVE DIRECTOR & SEC |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2511 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -1872 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 10041 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 28 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ORGANIZATION USES ANY CONTRIBUTION TO FUND GENERAL OPERATIONS OF THE ORGANIZATION AND TO PURCHASE EDUCATIONAL EQUIPMENT FOR THE CHILDREN. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 310 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 121731 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ROWAN ACADEMY IS A PLAY-BASED, INCLUSIVE, EARLY LEARNING CENTER FOCUSED ON THE FUNDAMENTAL AREAS OF CRITICAL THINKING, FINE MOTOR, SOCIAL- EMOTIONAL AND SELF-HELP SKILLS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 59763 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 18135 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 1 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | VA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 40177 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 44655 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 59763 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 59763 |
| IRS990EZ/TotalRevenueAmt | 0 | 123569 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.ROWANACADEMY.ORG |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INVESTMENT INCOME. AMOUNT: 28. TOTAL TO FORM 990-EZ, LINE 14: 5,973. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: DEPRECIATION. AMOUNT: 179. DESCRIPTION: OTHER EXPENSES. AMOUNT: 5,794. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ADVERTISING & MARKETING. AMOUNT: 751. DESCRIPTION: INTEREST . AMOUNT: 649. DESCRIPTION: BANK FEES & SERVICE CHARGES. AMOUNT: 630. DESCRIPTION: MEMBERSHIP & SUBSCRIPTIONS. AMOUNT: 125. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 231. DESCRIPTION: REGULATORY, COMPLIANCE & LICENSING. AMOUNT: 692. DESCRIPTION: SMALL TOOLS & EQUIPMENT. AMOUNT: 298. DESCRIPTION: SOFTWARE & APPS. AMOUNT: 695. DESCRIPTION: SUPPLIES. AMOUNT: 5,970. TOTAL TO FORM 990-EZ, LINE 16: 10,041. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: ACCURAL TO CASH. AMOUNT: -1,872. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,511. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2024-08-08 14:25:15Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MARY ROSE WOO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8048372158 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-09-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ROWAN ACADEMY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ROWA |
| ReturnHeader/Filer/EIN | 0 | 884414558 |
| ReturnHeader/Filer/PhoneNum | 0 | 8048372158 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 6002 WEST CLUB LANE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RICHMOND |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 23226 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 472900482 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | VALDERAS FINANCIAL SOLUTIONS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4914 FITZHUGH AVENUE STE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RICHMOND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 23230 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8049121505 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MARGARETHA VALDERAS CPA |
| ReturnHeader/ReturnTs | 0 | 2024-09-03T08:28:45-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $69,573
- Liabilities
- $44,655
- Net assets
- $24,918
- Revenue
- $123,569
- Expenses
- $59,763
- Net income
- $63,806