BETA

CHOICE ACADEMIES INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CHOICE ACADEMIES INC (EIN 20-8809933)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-05
IRS object ID
202521259349300977
Schema version
2023v6.0
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)
Return2025-05-05T10:20:08-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390859910PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BAKER TILLY ADVISORY GROUP LPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12055 E WARNER RD STE 101AddressLine1Txt
CityTEMPECityNm
State AbbreviationAZStateAbbreviationCd
ZIP85284ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN208809933EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHOICE ACADEMIES INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHOIBusinessNameControlTxt
Phone6029385517PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12323 WEST PARKSIDE LANEAddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85027ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLISA FINKPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6029385517PhoneNum
Signature2025-04-29SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCOLETTE KAMPS CPAPreparerPersonNm
PTINP00367616PTIN
Phone4808394900PhoneNum
Preparation2025-04-17PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLISA FINKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12323 WEST PARKSIDE LANEAddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85027ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,658,712GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ATACHOICE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateAZLegalDomicileStateCd
Activity Or MissionCHOICE ACADEMIES IS COMITTED TO PROVIDING A TRADITIONAL BACK-TO-BASICS EDUCATION WITHIN A FRAMEWORK OF HIGH STANDARDS AND HIGH EXPECTATIONS IN A SAFE ENVIRONMENT. ITS PURPOSE IS TO PROVIDE STUDENTS WITH A STRONG FOUNDATION OF KNOWLEDGE, TO TEACH CRITICAL THINKING AND TO DEVELOP GOOD CITIZENSHIP AND LEADERSHIP SKILLS.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee146TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$443,792PYContributionsGrantsAmt
CY Contributions Grants$63,640CYContributionsGrantsAmt
PY Program Service Revenue$7,709,906PYProgramServiceRevenueAmt
CY Program Service Revenue$7,595,072CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$8,153,698PYTotalRevenueAmt
CY Total Revenue$7,658,712CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,426,480PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,491,322CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,035,521PYOtherExpensesAmt
CY Other Expenses$2,412,916CYOtherExpensesAmt
PY Total Expenses$7,462,001PYTotalExpensesAmt
CY Total Expenses$6,904,238CYTotalExpensesAmt
PY Revenues Less Expenses$691,697PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$754,474CYRevenuesLessExpensesAmt
Total Assets BOY$16,988,678TotalAssetsBOYAmt
Total Assets EOY$17,452,461TotalAssetsEOYAmt
Total Liabilities BOY$14,418,591TotalLiabilitiesBOYAmt
Total Liabilities EOY$14,127,900TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,570,087NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,324,561NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionCHOICE ACADEMIES IS COMITTED TO PROVIDING A TRADITIONAL BACK-TO-BASICS EDUCATION WITHIN A FRAMEWORK OF HIGH STANDARDS AND HIGH EXPECTATIONS IN A SAFE ENVIRONMENT. ITS PURPOSE IS TO PROVIDE STUDENTS WITH A STRONG FOUNDATION OF KNOWLEDGE, TO TEACH CRITICAL THINKING AND TO DEVELOP GOOD CITIZENSHIP AND LEADERSHIP SKILLS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,095,722ExpenseAmt
Revenue$6,853,581RevenueAmt
DescCHOICE ACADEMIES, INC. ("CHARTER SCHOOL") IS AN ARIZONA NON-PROFIT CORPORATION ESTABLISHED IN 2009 TO OPERATE A CHARTER SCHOOL OFFERING A TRADITIONAL, BACK-TO BASICS EDUCATION WITHIN A FRAMEWORK OF HIGH STANDARDS AND HIGH EXPECTATIONS IN A SAFE ENVIRONMENT. THE CHARTER SCHOOL OPERATES UNDER A 20- YEAR CHARTER CONTRACT THAT HAS BEEN RENEWED THROUGH JUNE 2043. WITH THE ARIZONA STATE BOARD FOR CHARTER SCHOOLS, WHICH MANDATES POLICY AND OPERATIONAL GUIDELINES. THE CHARTER SCHOOL PROVIDES EDUCATIONAL SERVICES TO APPROXIMATELY 632 CHARTER SCHOOL STUDENTS IN KINDERGARTEN THROUGH TWELFTH GRADES IN PHOENIX, ARIZONA, AND IS FUNDED PRIMARILY THROUGH STATE EQUALIZATION ASSISTANCE. (CONTINUED ON SCHEDULE O)THE PURPOSE OF THE CHARTER SCHOOL IS TO PROVIDE STUDENTS WITH A STRONG FOUNDATION OF KNOWLEDGE, TO TEACH CRITICAL THINKING AND TO DEVELOP GOOD CITIZENSHIP AND LEADERSHIP SKILLS. CHOICE ACADEMIES STRIVES TO BECOME NATIONALLY COMPETITIVE BY ACHIEVING ITS OBJECTIVES THROUGH SEQUENTIAL INCREASE IN KNOWLEDGE AND STUDENT ACCOUNTABILITY, HIGHLY TRAINED TEACHERS, AND STRONG PARENTAL INVOLVEMENT.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$628,340ExpenseAmt
Revenue$741,491RevenueAmt
DescCHOICE SERVICES, LLC ("PRESCHOOL") COMMENCED OPERATIONS OF THE PRESCHOOL IN SEPTEMBER 2012. CHOICE SERVICES, LLC IS AN ARIZONA LIMITED LIABILITY COMPANY, THE SOLE MEMBER OF WHICH IS THE CHARTER SCHOOL AND, ACCORDINGLY, IS ULTIMATELY CONTROLLED BY THE CHARTER SCHOOL'S BOARD OF DIRECTORS. THE CHARTER SCHOOL OFFERS AN AFFORDABLE PRESCHOOL THAT VIEWS EACH CHILD AS A UNIQUE INDIVIDUAL IN BOTH TALENT AND NEED. THE PROGRAM IS DESIGNED TO OFFER A SAFE AND NURTURING LEARNING ENVIRONMENT. THE POSITIVE LEARNING ENVIRONMENT GIVES CHILDREN THE CONFIDENCE TO EXPLORE NEW LEARNING EXPERIENCES, DEVELOP PROBLEM SOLVING SKILLS AND EXPRESS CREATIVITY.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$5,724,062TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document28IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee146EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AUDRA WILSON-SMITHBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6029385517PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12323 WEST PARKSIDE LANEAddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85027ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
MARCUS KELLEY
DIRECTOR1.00Yes (X)$0$0$0
RAYMOND MALNAR
DIRECTOR1.00Yes (X)$0$0$0
BRENT GARRETT
DIRECTOR1.00Yes (X)$0$0$0
DAVIS WESTON
DIRECTOR1.00Yes (X)$0$0$0
THOMAS MCCUALEY
DIRECTOR1.00Yes (X)$0$0$0
LISA FINK
PRESIDENT1.00Yes (X)$1,000$0$0Yes (X)
AUDRA WILSON-SMITH
CEO40.00$113,857$0$9,949Yes (X)
ASHLEY SMITH
PRINCIPAL40.00$111,793$0$1,825Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$226,650TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$11,774TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OPENWORKS INCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 29088AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85038ZIPCd
FieldValueIRS element (for citing)
ServicesJANITORIAL SERVICESServicesDesc
Compensation$122,368CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$63,640AllOtherContributionsAmt
Total Contributions$63,640TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
GOVERNMENTAL900099$6,404,272$6,404,272
PRESCHOOL900099$741,491$741,491
AFTER CARE PROGRAM900099$266,766$266,766
FOOD SALES900099$107,517$107,517
OTHER PROGRAM SERVICE900099$75,026$75,026
FieldValueIRS element (for citing)
Total Program Service Revenue$7,595,072TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,658,712TotalRevenueColumnAmt
Related Or Exempt Func Income$7,595,072RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$247,651TotalAmt
Management And General$247,651ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,679,571TotalAmt
Program Services$3,206,226ProgramServicesAmt
Management And General$473,345ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$53,237TotalAmt
Program Services$43,355ProgramServicesAmt
Management And General$9,882ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$290,614TotalAmt
Program Services$239,676ProgramServicesAmt
Management And General$50,938ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$220,249TotalAmt
Program Services$175,265ProgramServicesAmt
Management And General$44,984ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,866TotalAmt
Management And General$3,866ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$48,750TotalAmt
Management And General$48,750ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$158,871TotalAmt
Program Services$150,178ProgramServicesAmt
Management And General$8,693ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$55,242TotalAmt
Program Services$55,242ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$18,710TotalAmt
Program Services$16,839ProgramServicesAmt
Management And General$1,871ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$173,795TotalAmt
Program Services$158,413ProgramServicesAmt
Management And General$15,382ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$865,126TotalAmt
Program Services$761,311ProgramServicesAmt
Management And General$103,815ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$307,322TotalAmt
Program Services$270,444ProgramServicesAmt
Management And General$36,878ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$70,417TotalAmt
Program Services$61,967ProgramServicesAmt
Management And General$8,450ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES$221,121$202,772$18,349
REPAIRS AND MAINTENANCE$219,559$193,212$26,347
FOOD SERVICE$86,141$86,141
DUES AND FEES$66,925$66,925

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$117,071TotalAmt
Program Services$103,021ProgramServicesAmt
Management And General$14,050ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,904,238TotalAmt
Program Services$5,724,062ProgramServicesAmt
Management And General$1,180,176ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,246,533BOYAmt
EOY$1,275,170EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,885,347BOYAmt
EOY$5,602,954EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$68,979BOYAmt
EOY$37,819EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$115,610BOYAmt
EOY$171,631EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$15,132,427LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,767,540LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$10,672,209BOYAmt
EOY$10,364,887EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$16,988,678BOYAmt
EOY$17,452,461EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$757,960BOYAmt
EOY$734,504EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$74,142BOYAmt
EOY$59,248EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$13,586,489BOYAmt
EOY$13,334,148EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,418,591BOYAmt
EOY$14,127,900EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,563,341BOYAmt
EOY$3,314,880EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,746BOYAmt
EOY$9,681EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,570,087BOYAmt
EOY$3,324,561EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$16,988,678BOYAmt
EOY$17,452,461EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$754,474ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,144,854OtherCostOrOtherBasisAmt
Book Value$2,144,854BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,989,033OtherCostOrOtherBasisAmt
Depreciation$3,821,472DepreciationAmt
Book Value$8,167,561BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$998,540OtherCostOrOtherBasisAmt
Depreciation$946,068DepreciationAmt
Book Value$52,472BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$10,364,887TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION RECOGNIZES UNCERTAINTY IN INCOME TAXES IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THAT THE NET POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF JUNE 30, 2024, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3PUBLISHED ANNUALLY IN HANDBOOK
SCHEDULE E, PART I, LINE 6THE ORGANIZATION RECEIVES FINANCIAL SUPPORT AND GRANTS FROM THE UNITED STATES DEPARTMENT OF EDUCATION AND THE ARIZONA DEPARTMENT OF EDUCATION

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1IDA CITY OF PHOENIX ARIZONABusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN522038405BondIssuerEIN
CUSIP56681NGZ4CUSIPNum
Bond Issued2022-06-07BondIssuedDt
Issue Price$14,525,000IssuePriceAmt
PurposeSCHOOL FACILITIESPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$14,525,000TotalProceedsAmt
In Reserve Fund$1,940,087InReserveFundAmt
Issuance Costs From Proceeds$938,511IssuanceCostsFromProceedsAmt
Other Spent Proceeds$11,646,402OtherSpentProceedsAmt
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor Reqs0WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BBOARD WILL REVIEW AND APPROVE 990 BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY ACKNOWLEDGEMENT FORM ON AN ANNUAL BASIS. ADDITIONALLY, THE BOARD IS PROVIDED A CHECK REGISTER ON A MONTHLY BASIS FOR REVIEW AND ARE ASKED TO DISCLOSE ANY RELATIONSHIP WITH ANY OF THE ORGANIZATIONS THE SCHOOL HAS PAID.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2CTHE ORGRANIZATION HAS NOT CHANGED ITS PROCESS FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1CHOICE SERVICES LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12323 W PARKSIDE LANEAddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85027ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesPRESCHOOLPrimaryActivitiesTxt
Legal Domicile StateAZLegalDomicileStateCd
Total Income$916,161TotalIncomeAmt
End Of Year Assets$1,427,555EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1CHOICE ACADEMIES INCBusinessNameLine1Txt

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