Civic Intelligence

Land Academy Elementary Inc.

EIN 92-3656650 • 501(c)3 • Memphis, TN

Pub. 78 EligibleNTEE B24

View Organization Page

Profile

To provide quality education

3430 Overton CrossingMemphis, TN 38127
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

88th percentile

0.29x

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

NTEE B • <$500k nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.54x

Higher debt load relative to revenue than 91% of similar nonprofits.

NTEE B24 • <$500k nonprofits • Source year 2024

Net Margin

2nd percentile

-124%

Higher net margin than 2% of similar nonprofits.

NTEE B24 • <$500k nonprofits • Source year 2024

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE B24 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets88th percentile

Assets

$117,824

No earlier filing loaded for comparison.

Liabilities

$34,732

No earlier filing loaded for comparison.

Net Assets

-$79,444

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue91st percentileNet Margin2nd percentile

Revenue

$64,078

No earlier filing loaded for comparison.

Expenses

$143,522

No earlier filing loaded for comparison.

Net Income

-$79,444

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50K-$100KAssets 2024: $117,824Liabilities 2024: $34,732Net Assets 2024: -$79,4442024

Highlighted filing

2024

Assets$117,824
Liabilities$34,732
Net Assets-$79,444
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2024: $64,078Expenses 2024: $143,522Net Income 2024: -$79,4442024

Highlighted filing

2024

Revenue$64,078
Expenses$143,522
Net Income-$79,444
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$117,824
Liabilities
$34,732
Net assets
-$79,444
Revenue
$64,078
Expenses
$143,522
Net income
-$79,444
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.18$0.35$0.79$0.64$1.44$0.79
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 28, 2025
Return Version
2024v5.0
Gross Receipts
$64,078
Mission and Program Overview

Mission

To provide quality education

Program Services

DescriptionGrantsExpenses
THE PRIMARY EXPENSE IS SALARY AND WAGES.$60,214$119,882
OTHER PROGRAM SERVICES-$64,109
THE SECONDARY EXPENSE IS PAYROLL TAXES-$38,763
THE TERTIARY EXPENSE IS RENTAL COST-$23,500
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELLIOT SHELTON SRChief Executive OfficerPT$0--
ELIOTT SHELTON JRExecutive OfficerPT$0--
LEANDREA RATLIFFSecretaryPT$0--
CYNTHIA REEDBoard MemberPT$0--
TANDRA INMONBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Land Academy Elementary Inc
EIN
92-3656650
Address
3430 OVERTON CROSSING, MEMPHIS, TN 38127

Signing Officer

Name
Elliot Shelton
Title
CEO
Phone
9013570200
Signed
2025-03-28
Discuss with paid preparer
Yes

Preparer

Firm
Crittle Financial Inc
Address
122 WEST COLLEGE AVENUE, HOLLY SPRINGS, MS 38635
Preparer
Dr John W Crittle Ii
Phone
6622529000
Supplemental Narrative

Additional Explanations

Page 2, Part III, Line 31

“Other expenses are $22,500 professional development, 16,469 educational support, 8,859 insurance cost, 5,352 advertising and promotions, 2,437 food services, 2,675 web design and other items totalling 5,817.”

Page 2, Part 2, Line 6

“The land academy elementary inc had investing activities which were furniture, fixtures & equipment that were subtracted from the cash balance.”

Raw XML Appendix121 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0LEANDRA RATLIFF
IRS990EZ/BooksInCareOfDetail/PhoneNum09019570200
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03430 OVERTON CROSSING
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MEMPHIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd038127
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0117824
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt064078
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-79444
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0117824
IRS990EZ/GrossReceiptsAmt064078
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-79444
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt083092
IRS990EZ/OccupancyRentUtltsAndMaintAmt023640
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ELLIOT SHELTON SR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ELIOTT SHELTON JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LEANDREA RATLIFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CYNTHIA REED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TANDRA INMON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXECUTIVE OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE QUALITY EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PRIMARY EXPENSE IS SALARY AND WAGES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE SECONDARY EXPENSE IS PAYROLL TAXES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THE TERTIARY EXPENSE IS RENTAL COST
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3OTHER PROGRAM SERVICES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt060214
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0119882
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt138763
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt223500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt364109
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0119882
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt034732
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0143522
IRS990EZ/TotalProgramServiceExpensesAmt0246254
IRS990EZ/TotalRevenueAmt064078
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER EXPENSES ARE $22,500 PROFESSIONAL DEVELOPMENT, 16,469 EDUCATIONAL SUPPORT, 8,859 INSURANCE COST, 5,352 ADVERTISING AND PROMOTIONS, 2,437 FOOD SERVICES, 2,675 WEB DESIGN AND OTHER ITEMS TOTALLING 5,817.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE LAND ACADEMY ELEMENTARY INC HAD INVESTING ACTIVITIES WHICH WERE FURNITURE, FIXTURES & EQUIPMENT THAT WERE SUBTRACTED FROM THE CASH BALANCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PAGE 2, PART III, LINE 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PAGE 2, PART 2, LINE 6
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ELLIOT SHELTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09013570200
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAND ACADEMY ELEMENTARY INC
ReturnHeader/Filer/BusinessNameControlTxt0LAND
ReturnHeader/Filer/EIN0923656650
ReturnHeader/Filer/USAddress/AddressLine1Txt03430 OVERTON CROSSING
ReturnHeader/Filer/USAddress/CityNm0MEMPHIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038127
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640904677
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CRITTLE FINANCIAL INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0122 WEST COLLEGE AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOLLY SPRINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038635
ReturnHeader/PreparerPersonGrp/PhoneNum06622529000
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DR JOHN W CRITTLE II
ReturnHeader/ReturnTs02025-03-28T15:04:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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