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ROOSEVELT PREPARATORY ACADEMY: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
ROOSEVELT PREPARATORY ACADEMY (EIN 47-1762959)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-14
IRS object ID
202411359349314056
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-14T22:27:42-04:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN821455657PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FESTER & CHAPMAN PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19019 E BAHIA DR STE 100AddressLine1Txt
CitySCOTTSDALECityNm
State AbbreviationAZStateAbbreviationCd
ZIP85260ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN471762959EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROOSEVELT PREPARATORY ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlROOSBusinessNameControlTxt
Phone6024387045PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1701 N 44TH STREETAddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85008ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKATHERINE MCMILLANPersonNm
Person TitleSR. DIR OF FINANCEPersonTitleTxt
Phone6024387045PhoneNum
Signature2024-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKATHERINEPersonFirstNm
Person LastMCMILLANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRACHEL LOCKE CPAPreparerPersonNm
PTINP00450405PTIN
Phone6022643077PhoneNum
Preparation2024-05-13PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerRON ZOROMSKIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line17205 N PIMA ROADAddressLine1Txt
CitySCOTTSDALECityNm
State AbbreviationAZStateAbbreviationCd
ZIP85258ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,928,856GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressROOSEVELT.GREATHEARTSAMERICA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateAZLegalDomicileStateCd
Activity Or MissionAN ARCHWAY CLASSICAL ACADEMY TRIVIUM EAST EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS, AND BEAUTY.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers300TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$373,996PYContributionsGrantsAmt
CY Contributions Grants$2,026,720CYContributionsGrantsAmt
PY Program Service Revenue$4,460,978PYProgramServiceRevenueAmt
CY Program Service Revenue$5,726,617CYProgramServiceRevenueAmt
CY Investment Income$2,255CYInvestmentIncomeAmt
PY Other Revenue$236,931PYOtherRevenueAmt
CY Other Revenue$173,264CYOtherRevenueAmt
PY Total Revenue$5,071,905PYTotalRevenueAmt
CY Total Revenue$7,928,856CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,077,547PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,347,360CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$76,642CYTotalFundraisingExpenseAmt
PY Other Expenses$1,796,524PYOtherExpensesAmt
CY Other Expenses$3,374,194CYOtherExpensesAmt
PY Total Expenses$4,874,071PYTotalExpensesAmt
CY Total Expenses$7,721,554CYTotalExpensesAmt
PY Revenues Less Expenses$197,834PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$207,302CYRevenuesLessExpensesAmt
Total Assets BOY$1,152,828TotalAssetsBOYAmt
Total Assets EOY$25,855,788TotalAssetsEOYAmt
Total Liabilities BOY$456,352TotalLiabilitiesBOYAmt
Total Liabilities EOY$24,952,010TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$696,476NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$903,778NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionAN ARCHWAY CLASSICAL ACADEMY TRIVIUM EAST EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS, AND BEAUTY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$6,432,260ExpenseAmt
Revenue$5,726,617RevenueAmt
DescAN ARCHWAY CLASSICAL ACADEMY TRIVIUM EAST EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS, AND BEAUTY.Desc
Total Program Service Expenses$6,432,260TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKATHERINE MCMILLANPersonNm
Phone6024729074PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17205 N PIMA ROADAddressLine1Txt
CitySCOTTSDALECityNm
State AbbreviationAZStateAbbreviationCd
ZIP85258ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ROBERT MULHERN
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
PHILIP TIRONE
VICE PRESIDE2.00Yes (X)Yes (X)$0$0$0
DIANE BISHOP
SECRETARY2.00Yes (X)Yes (X)$0$0$0
CHRISTOFER PEREYRA
DIRECTOR2.00Yes (X)$0$0$0
STEPHEN PHILABAUM
HEADMASTER40.00Yes (X)$0$111,248$1,954
JUAN CRUZ
HEADMASTER40.00Yes (X)$0$106,675$1,791
FieldValueIRS element (for citing)
Tot Reportable Comp Rltd Org$217,923TotReportableCompRltdOrgAmt
Total Other Compensation$3,745TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Related Organizations$1,320,000RelatedOrganizationsAmt
Government Grants$266,582GovernmentGrantsAmt
All Other Contributions$440,138AllOtherContributionsAmt
Total Contributions$2,026,720TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STATE EQUALIZATION611710$5,068,954$5,068,954
CLASSROOM SITE FUNDS611710$482,261$482,261
CO-CURRICULAR ACTIVITIES611710$175,402$175,402
FieldValueIRS element (for citing)
Total Program Service Revenue$5,726,617TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,255TotalRevenueColumnAmt
Exclusion$2,255ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$56,821RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$56,821RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$56,821TotalRevenueColumnAmt
Exclusion$56,821ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business611710BusinessCd
Total Revenue Column$116,443TotalRevenueColumnAmt
Related Or Exempt Func Income$116,443RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$116,443OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,928,856TotalRevenueColumnAmt
Related Or Exempt Func Income$5,843,060RelatedOrExemptFuncIncomeAmt
Exclusion$59,076ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$221,668TotalAmt
Program Services$181,940ProgramServicesAmt
Management And General$36,412ManagementAndGeneralAmt
Fundraising$3,316FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,269,912TotalAmt
Program Services$2,683,868ProgramServicesAmt
Management And General$537,117ManagementAndGeneralAmt
Fundraising$48,927FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$43,315TotalAmt
Program Services$36,772ProgramServicesAmt
Management And General$5,901ManagementAndGeneralAmt
Fundraising$642FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$552,353TotalAmt
Program Services$468,919ProgramServicesAmt
Management And General$75,243ManagementAndGeneralAmt
Fundraising$8,191FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$260,112TotalAmt
Program Services$220,822ProgramServicesAmt
Management And General$35,433ManagementAndGeneralAmt
Fundraising$3,857FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$553,987TotalAmt
Program Services$452,768ProgramServicesAmt
Management And General$101,219ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$11,400TotalAmt
Program Services$9,933ProgramServicesAmt
Management And General$1,467ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$285,349TotalAmt
Program Services$248,638ProgramServicesAmt
Management And General$36,711ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$31,171TotalAmt
Program Services$23,359ProgramServicesAmt
Management And General$7,812ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$93,077TotalAmt
Program Services$93,077ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,271,936TotalAmt
Program Services$1,106,155ProgramServicesAmt
Management And General$165,781ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$55,299TotalAmt
Program Services$48,092ProgramServicesAmt
Management And General$7,207ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
REPAIRS AND MAINTENANCE$416,336$362,072$54,264
SUPPLIES AND INSTR AIDS$306,690$207,488$99,202
UTILITIES$125,189$102,316$22,873
MISCELLANEOUS$122,638$100,231$22,407

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$101,122TotalAmt
Program Services$85,810ProgramServicesAmt
Management And General$3,603ManagementAndGeneralAmt
Fundraising$11,709FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,721,554TotalAmt
Program Services$6,432,260ProgramServicesAmt
Management And General$1,212,652ManagementAndGeneralAmt
Fundraising$76,642FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$717,800BOYAmt
EOY$1,390,812EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$259,375BOYAmt
EOY$537,947EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$108,970BOYAmt
EOY$131,899EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$493,505LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$343,888LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$66,683BOYAmt
EOY$149,617EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$23,645,513EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,152,828BOYAmt
EOY$25,855,788EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$115,163BOYAmt
EOY$224,118EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$279EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$341,189BOYAmt
EOY$24,727,613EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$456,352BOYAmt
EOY$24,952,010EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$696,476BOYAmt
EOY$903,778EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$696,476BOYAmt
EOY$903,778EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,152,828BOYAmt
EOY$25,855,788EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$207,302ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$493,505OtherCostOrOtherBasisAmt
Depreciation$343,888DepreciationAmt
Book Value$149,617BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$149,617TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE - RIGHT-OF-USE ASSETDesc
Book Value$23,645,513BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$23,645,513TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
OPERATING LEASE LIABILITY$23,631,904
DUE TO RELATED PARTY$973,573
DEPOSITS HELD FOR OTHERS$122,136
FieldValueIRS element (for citing)
Total Liability$24,727,613TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$7,928,856TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$7,928,856RevenueSubtotalAmt
Total Revenue Per Form990$7,928,856TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,721,554TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$7,721,554ExpensesSubtotalAmt
Total Expenses Per Form990$7,721,554TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediafalsePlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, LINE 3THE SCHOOL HAS A STRICT POLICY OF NON-DISCRIMINATION; HOWEVER, AS A CHARTER SCHOOL, IT IS NOT SUBJECT TO THE REQUIREMENTS OF TREASURY REVENUE PROCEDURE 75-50.1975-2C.B.587. RATHER, THE SCHOOL PUBLICIZES ITS POLICIES BY WORD OF MOUTH AND ON THE WEBSITE, THE SCHOOL'S PRIMARY METHODS OF REACHING NEW STUDENTS.
SCHEDULE E, LINE 6THE SCHOOL RECEIVES MONTHLY AID PAYMENTS FROM THE STATE OF ARIZONA BASED ON THE NUMBER OF STUDENTS ENROLLED AND ATTENDING THE SCHOOL. THESE FUNDS ARE USED IN ACCORDANCE WITH REQUIREMENTS SET FORTH BY THE STATE OF ARIZONA. IN ADDITION, GOVERNMENT GRANTS ARE ALSO RECEIVED BY THE SCHOOL.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONAN ARCHWAY CLASSICAL ACADEMY TRIVIUM EAST EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS, AND BEAUTY.
FORM 990, PAGE 1, PART I, LINE 6THE VOLUNTEERS HELP IN CLASSROOMS AND SUPPORT TEACHERS AND STUDENTS.
FORM 990, PART VLINE 2A: ALL PAYROLL, PAYROLL TAXES AND BENEFIT PLANS ARE CENTRALIZED THROUGH THE PARENT ORGANIZATION, GREATHEARTS ARIZONA (EIN 20-2036133). THEREFORE, GREATHEARTS ARIZONA FILES PAYROLL TAX RETURNS UNDER THEIR EMPLOYER TAX IDENTIFICATION NUMBER REPORTING ALL PAYROLL ACTIVITY. PAYROLL RELATED EXPENSES REPORTED ON THIS RETURN REPRESENTS AN ALLOCATION OF SALARIES AND WAGES PAID BY THE ENTITY.
FORM 990, PART VICERTAIN FUNCTIONS OF MULTIPLE SCHOOLS IN THE GREATHEARTS NETWORK ARE ALSO PROVIDED TO THE SCHOOL BY GREATHEARTS ARIZONA, THE SCHOOL'S TAX EXEMPT SOLE MEMBER.
FORM 990, PAGE 6, PART VI, LINE 6THE SOLE MEMBER OF THE ACADEMY IS GREATHEARTS ARIZONA AN ORGANIZATION EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).
FORM 990, PAGE 6, PART VI, LINE 7ATHE SCHOOL'S TAX-EXEMPT SOLE MEMBER APPOINTS THE SCHOOL'S DIRECTORS, FILLS VACANCIES ON THE BOARD, AND MAY REMOVE DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 7BTHE SCHOOL'S TAX-EXEMPT SOLE MEMBER RETAINS APPROVAL RIGHTS OVER KEY DECISIONS SUCH AS CHANGES TO THE SCHOOL'S BYLAWS, ARTICLES OF INCORPORATION, EDUCATIONAL PHILOSOPHY, AND SIGNIFICANT FINANCIAL EXPENDITURES (IN EXCESS OF 50,000).
FORM 990, PAGE 6, PART VI, LINE 11BTHE 990 IS PREPARED BY AN EXTERNAL CPA FIRM AND IS REVIEWED INTERNALLY BY THE CFO. AFTER COMPLETING THE CFO REVIEW, THE RETURN IS FINALIZED AND THEN REVIEWED BY THE GREATHEARTS AUDIT COMMITTEE PRIOR TO BEING SIGNED BY THE CFO.
FORM 990, PAGE 6, PART VI, LINE 12CBOARD MEMBERS, OFFICERS AND ALL EMPLOYEES COMPLETE AND SIGN A CONFLICT OF INTEREST AGREEMENT. THESE AGREEMENTS ARE REVIEWED BY HUMAN RESOURACES AND ANY CONFLICTS ARE IDENTIFIED AND REPORTED TO THE AUDITORS AND THE BOARD TO MONITOR.
FORM 990, PAGE 6, PART VI, LINE 15ASUBJECT TO THE SCHOOL'S CONFLICT OF INTEREST POLICY, THE SCHOOL'S TAX- EXEMPT SOLE MEMBER AND THE SCHOOL'S BOARD APPROVE THE COMPENSATION OF KEY STAFF SUCH AS HEADMASTER AND ASSISTANCE HEADMASTER.
FORM 990, PAGE 6, PART VI, LINE 15BEMPLOYEES AND FACULTY ARE DETERMINED BASED ON INDEPENDENT COMPENSATION STUDIES AND SALARIES OF COMPARABLE NON-PROFIT ORGANIZATIONS.
FORM 990, PAGE 6, PART VI, LINE 19ALL BOARD MEETINGS ARE POSTED IN ADVANCE IN ACCORDANCE WITH ARIZONA OPEN MEETING LAWS. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE BOTH AT THE MEETING OR FOLLOWING THE MEETING AND UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (27 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
ANTHEM PREPARATORY ACADEMY
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034270375682EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL ACADEMY ARETE
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034464061128EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL ACADEMY CHANDLER
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034273723907EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL ACADEMY CICERO
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034464065855EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL ACADEMY GLENDALE
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034461014697EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL ACADEMY LINCOLN
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034471706688EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL ACADEMY VERITAS
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034273364820EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL NORTH PHOENIX
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034273364871EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL SCOTTSDALE
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034273364842EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL TRIVIUM
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034273364743EDUCATIONAZ32GH AMERICAfalse
ARETE PREPARATORY ACADEMY
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034205332933EDUCATIONAZ32GH AMERICAfalse
CHANDLER PREPARATORY ACADEMY
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034202075176EDUCATIONAZ32GH AMERICAfalse
CICERO PREPARATORY ACADEMY
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034464096974EDUCATIONAZ32GH AMERICAfalse
GLENDALE PREPARATORY ACADEMY
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034208760987EDUCATIONAZ32GH AMERICAfalse
LINCOLN PREPARATORY ACADEMY
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034471674469EDUCATIONAZ32GH AMERICAfalse
MARYVALE PREPARATORY ACADEMY
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034273289377EDUCATIONAZ32GH AMERICAfalse
NORTH PHOENIX PREPARATORY ACADEMY
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034273322474EDUCATIONAZ32GH AMERICAfalse
SCOTTSDALE PREPARATORY ACADEMY
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034208778703EDUCATIONAZ32GH AMERICAfalse
TELEOS PREPARATORY ACADEMY
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034262700807EDUCATIONAZ32GH AMERICAfalse
TRIVIUM PREPARATORY ACADEMY
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034273289295EDUCATIONAZ32GH AMERICAfalse
VERITAS PREPARATORY ACADEMY
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034050527441EDUCATIONAZ32GH AMERICAfalse
GREATHEARTS ARIZONA
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034202036133EDUCATIONAZ37GH AMERICAfalse
GREATHEARTS AMERICA
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034454306715EDUCATIONAZ37falseN/A
GREATHEARTS-TEXAS
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034431973126EDUCATIONTX32GH AMERICAfalse
THE GREATHEARTS FOUNDATION INC
4801 E WASHINGTON STREET SUITE 250PHOENIXAZ85034823809856SUPPORTAZ312AGH AMERICAfalse
GREAT HEARTS LOUISIANA
701 N 44TH STREETPHOENIXAZ85008862990158EDUCATIONLA312AGH AMERICAfalse
GREAT HEARTS PROPERTIES LOUISIANA
701 N 44TH STREETPHOENIXAZ85008872836576SUPPORTLA312AGH AMERICAfalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (true)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
GREATHEARTS ARIZONA
O$4,347,360FMV
GREATHEARTS ARIZONA
P$553,987FMV
GREATHEARTS ARIZONA
K$1,271,936FMV

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