LAKE RIDGE ACADEMY: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- LAKE RIDGE ACADEMY (EIN 34-6519833)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2020-07-15
- IRS object ID
- 202011979349303321
- Schema version
- 2018v3.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-15T10:46:52-05:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 340677006 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MALONEY NOVOTNY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 SUPERIOR AVE SUITE 700 | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 441142540 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 346519833 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAKE RIDGE ACADEMY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAKE | BusinessNameControlTxt |
| Phone | 4403271175 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 37501 CENTER RIDGE ROAD | AddressLine1Txt |
| City | NORTH RIDGEVILLE | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44039 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER SRSEN | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 4403271175 | PhoneNum |
| Signature | 2020-07-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTOPHER B ANDERSON | PreparerPersonNm |
| PTIN | P00226559 | PTIN |
| Phone | 2163630100 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 104.230.124.67 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-07-15 | IPDt |
| IP Tm | 10:46:24 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F31C6E7040B009470829250F0E45C8144456BC5D | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PETER SRSEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 37501 CENTER RIDGE ROAD | AddressLine1Txt |
| City | NORTH RIDGEVILLE | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44039 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $13,153,601 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LAKERIDGEACADEMY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1963 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | OUR MISSION IS TO SEND INTO A CHANGING WORLD CONFIDENT YOUNG PEOPLE OF INTEGRITY WHO THINK CRITICALLY AND CREATIVELY WHILE EMBRACING THE JOY OF LIFELONG LEARNING. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 114 | TotalEmployeeCnt |
| Total Volunteers | 75 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,604,298 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,357,677 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $10,725,934 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $11,258,526 | CYProgramServiceRevenueAmt |
| PY Investment Income | $72,417 | PYInvestmentIncomeAmt |
| CY Investment Income | $75,668 | CYInvestmentIncomeAmt |
| PY Other Revenue | $269,219 | PYOtherRevenueAmt |
| CY Other Revenue | $350,225 | CYOtherRevenueAmt |
| PY Total Revenue | $12,671,868 | PYTotalRevenueAmt |
| CY Total Revenue | $13,042,096 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,320,899 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,719,799 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,099,684 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,287,201 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $832,368 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,295,990 | PYOtherExpensesAmt |
| CY Other Expenses | $2,448,101 | CYOtherExpensesAmt |
| PY Total Expenses | $12,716,573 | PYTotalExpensesAmt |
| CY Total Expenses | $13,455,101 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$44,705 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$413,005 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $14,031,038 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,189,670 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,118,374 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,963,979 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,912,664 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,225,691 | NetAssetsOrFundBalancesEOYAmt |
| Mission | OUR MISSION IS TO SEND INTO A CHANGING WORLD CONFIDENT YOUNG PEOPLE OF INTEGRITY WHO THINK CRITICALLY AND CREATIVELY WHILE EMBRACING THE JOY OF LIFELONG LEARNING. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $11,721,499 | ExpenseAmt |
| Grant | $4,719,799 | GrantAmt |
| Revenue | $11,258,526 | RevenueAmt |
| Desc | THE ACADEMY, FOUNDED IN 1963, IS AN INDEPENDENT CO-EDUCATIONAL COLLEGE PREPARATORY SCHOOL FOR APPROXIMATELY 420 STUDENTS IN GRADES KINDERGARTEN THROUGH TWELVE. | Desc |
| Total Program Service Expenses | $11,721,499 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 80 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 114 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER SRSEN | PersonNm |
| Phone | 4403271175 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 37501 CENTER RIDGE ROAD | AddressLine1Txt |
| City | NORTH RIDGEVILLE | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44039 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| THOMAS DRESING | |||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BENJAMIN NORTON | |||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANDREA MANNING | |||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LAURIE GATTEN | |||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RAYMOND BOBGAN | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DON ESCH | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| AMELIA FARAGO | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| COLE FAUVER | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| VICENTA GASPAR-YOO | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PAULA JANMEY | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DONALD KAATZ | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN SHIMKO | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BECKY RUPPERT MCMAHON | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALBERT CHAN | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRICK HARRINGTON | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CLARE NAVRATIL | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOE RAJ | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL SHERWIN | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH MICLAT | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MITCH WHITE | |||||||
| HEAD OF SCHOOL | 40.00 | Yes (X) | $104,709 | $0 | $22,488 | ||
| CYNTHIA SEIDEL | |||||||
| C.F.O. (THROUGH 1/2019) | 40.00 | Yes (X) | $136,992 | $0 | $3,592 | ||
| PETER SRSEN | |||||||
| C.F.O. (BEG. 1/2019) | 40.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL SHAULIS | |||||||
| HEAD OF ACADEMICS | 40.00 | $125,256 | $0 | $20,708 | Yes (X) | ||
| MICHELLE ROBERTSON | |||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | $125,567 | $0 | $15,404 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $492,524 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $62,192 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $556,461 | GovernmentGrantsAmt |
| All Other Contributions | $801,216 | AllOtherContributionsAmt |
| Noncash Contributions | $100,000 | NoncashContributionsAmt |
| Total Contributions | $1,357,677 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| STUDENT TUITION | 900099 | $11,014,210 | $11,014,210 |
| TRANSPORTATION FEE | 900099 | $103,750 | $103,750 |
| EXTENDED DAY PROGRAM | 900099 | $62,655 | $62,655 |
| SUMMER SCHOOL PROGRAM | 900099 | $61,166 | $61,166 |
| MISCELLANEOUS | 900099 | $11,297 | $11,297 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,448 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,448 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $11,258,526 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $75,668 | TotalRevenueColumnAmt |
| Exclusion | $75,668 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $26,759 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $26,759 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,759 | TotalRevenueColumnAmt |
| Exclusion | $26,759 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $434,971 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $111,505 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $323,466 | TotalRevenueColumnAmt |
| Exclusion | $323,466 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,042,096 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $11,258,526 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $425,893 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,719,799 | TotalAmt |
| Program Services | $4,719,799 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $268,781 | TotalAmt |
| Management And General | $236,732 | ManagementAndGeneralAmt |
| Fundraising | $32,049 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,877,269 | TotalAmt |
| Program Services | $4,065,812 | ProgramServicesAmt |
| Management And General | $318,300 | ManagementAndGeneralAmt |
| Fundraising | $493,157 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,808 | TotalAmt |
| Program Services | $64,808 | ProgramServicesAmt |
| Management And General | $4,300 | ManagementAndGeneralAmt |
| Fundraising | $6,700 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $692,799 | TotalAmt |
| Program Services | $610,054 | ProgramServicesAmt |
| Management And General | $39,546 | ManagementAndGeneralAmt |
| Fundraising | $43,199 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $372,544 | TotalAmt |
| Program Services | $285,462 | ProgramServicesAmt |
| Management And General | $38,713 | ManagementAndGeneralAmt |
| Fundraising | $48,369 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,524 | TotalAmt |
| Management And General | $16,524 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,129 | TotalAmt |
| Management And General | $36,129 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,963 | TotalAmt |
| Management And General | $12,963 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,092 | TotalAmt |
| Fundraising | $82,092 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,644 | TotalAmt |
| Management And General | $94,199 | ManagementAndGeneralAmt |
| Fundraising | $8,445 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $365,064 | TotalAmt |
| Program Services | $365,064 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,023 | TotalAmt |
| Management And General | $15,740 | ManagementAndGeneralAmt |
| Fundraising | $11,283 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $272,366 | TotalAmt |
| Program Services | $272,366 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $644,264 | TotalAmt |
| Program Services | $644,264 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,088 | TotalAmt |
| Management And General | $88,088 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| INSTRUCTIONAL | $596,147 | $596,147 | |
| FUNDRAISING | $107,074 | $107,074 | |
| TRANSPORTATION | $97,723 | $97,723 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,455,101 | TotalAmt |
| Program Services | $11,721,499 | ProgramServicesAmt |
| Management And General | $901,234 | ManagementAndGeneralAmt |
| Fundraising | $832,368 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $203,006 | BOYAmt |
| EOY | $166,908 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $350,129 | BOYAmt |
| EOY | $470,373 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $172,902 | BOYAmt |
| EOY | $197,591 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,046 | BOYAmt |
| EOY | $93,678 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $23,345,943 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $12,721,046 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,795,188 | BOYAmt |
| EOY | $10,624,897 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,761,403 | BOYAmt |
| EOY | $1,921,920 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $688,364 | BOYAmt |
| EOY | $714,303 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,031,038 | BOYAmt |
| EOY | $14,189,670 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $723,229 | BOYAmt |
| EOY | $808,801 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,284,567 | BOYAmt |
| EOY | $3,924,199 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $320,000 | BOYAmt |
| EOY | $320,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,781,412 | BOYAmt |
| EOY | $5,407,436 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,166 | BOYAmt |
| EOY | $503,543 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,118,374 | BOYAmt |
| EOY | $10,963,979 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $481,595 | BOYAmt |
| EOY | -$490,978 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $949,036 | BOYAmt |
| EOY | $1,264,088 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,482,033 | BOYAmt |
| EOY | $2,452,581 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,912,664 | BOYAmt |
| EOY | $3,225,691 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,031,038 | BOYAmt |
| EOY | $14,189,670 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$413,005 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $28,798 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$302,766 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,476,296 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,330,668 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,670,149 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,604,298 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,357,677 | CurrentTaxYearAmt |
| Total | $10,439,088 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,476,296 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,330,668 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,670,149 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,604,298 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,357,677 | CurrentTaxYearAmt |
| Total | $10,439,088 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,550,808 | SubstantialContributorsTotAmt |
| Public Support Total170 | $8,888,280 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,740 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $28,811 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $64,760 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $98,747 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $102,427 | CurrentTaxYearAmt |
| Total | $310,485 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $67,560 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $64,740 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $456,465 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $363,949 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $434,971 | CurrentTaxYearAmt |
| Total | $1,387,685 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $12,137,258 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $51,716,038 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.73230 | PublicSupportCY170Pct |
| Public Support PY170 | 0.76930 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | SPECEVENT REVENUE - 2014 AMOUNT: $ 67,560. 2015 AMOUNT: $ 64,740. 2016 AMOUNT: $ 456,465. 2017 AMOUNT: $ 363,949. 2018 AMOUNT: $ 434,971. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,761,403 | BeginningYearBalanceAmt |
| Contributions | $169,627 | ContributionsAmt |
| Investment Earnings Or Losses | $78,527 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $87,637 | OtherExpendituresAmt |
| End Year Balance | $1,921,920 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,574,871 | BeginningYearBalanceAmt |
| Contributions | $186,532 | ContributionsAmt |
| Investment Earnings Or Losses | $101,418 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $101,418 | OtherExpendituresAmt |
| End Year Balance | $1,761,403 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,240,676 | BeginningYearBalanceAmt |
| Contributions | $334,195 | ContributionsAmt |
| Investment Earnings Or Losses | $133,011 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $133,011 | OtherExpendituresAmt |
| End Year Balance | $1,574,871 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $828,485 | BeginningYearBalanceAmt |
| Contributions | $394,480 | ContributionsAmt |
| Investment Earnings Or Losses | $17,711 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,240,676 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $415,971 | BeginningYearBalanceAmt |
| Contributions | $407,628 | ContributionsAmt |
| Investment Earnings Or Losses | $4,886 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $828,485 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,455,587 | OtherCostOrOtherBasisAmt |
| Book Value | $1,455,587 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,040,075 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,823,508 | DepreciationAmt |
| Book Value | $8,216,567 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,853,205 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,194,773 | DepreciationAmt |
| Book Value | $658,432 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $997,076 | OtherCostOrOtherBasisAmt |
| Depreciation | $702,765 | DepreciationAmt |
| Book Value | $294,311 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,624,897 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BENEFICIAL INTEREST & CHARITABLE TRUST | Desc |
| Book Value | $714,303 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $714,303 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CAPITAL LEASE OBLIGATIONS | $200,777 |
| INTEREST RATE SWAP LIABILITY | $302,766 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $503,543 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $8,763,005 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $28,798 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$302,766 | OtherRevenueAmt |
| Revenue Not Reported | -$273,968 | RevenueNotReportedAmt |
| Revenue Subtotal | $9,036,973 | RevenueSubtotalAmt |
| Other Revenues Not Included | $4,005,123 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $4,005,123 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $13,042,096 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,449,978 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $9,449,978 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $4,005,123 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $4,005,123 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $13,455,101 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | INTENDED USE OF ENDOWMENT FUNDS - THE ACADEMY'S ENDOWMENT FUNDS ARE USED FOR GENERAL OPERATIONS, SCHOLARSHIPS, FACULTY ENRICHMENT, AND THE COMMUNITY RESOURCE CENTER. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN INTEREST RATE SWAP -302,766. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID TO STUDENTS, WHICH WAS SHOWN AS A REDUCTION OF REVENUE ON THE FINANCIAL STATEMENTS BUT AS AN EXPENSE ON FORM 990 4,005,123. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FINANCIAL AID TO STUDENTS, WHICH WAS SHOWN AS A REDUCTION OF REVENUE ON THE FINANCIAL STATEMENTS BUT AS AN EXPENSE ON FORM 990 4,005,123. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE ACADEMY PUBLISHES NOTICES OF ITS NONDISCRIMINATION POLICIES IN ALL DAILY AND WEEKLY SUBURBAN NEWSPAPERS. |
| SCHEDULE E, PART I, LINE 6 | AID FROM A GOVERNMENTAL AGENCY - THE ACADEMY RECEIVED FUNDS AND REIMBURSEMENTS FROM THE STATE OF OHIO. THESE FUNDS WERE EXPENDED FOR SUPPLIES, SERVICES, EQUIPMENT AND CAPITAL ITEMS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | AUCTION | Event1Nm |
| Gross Receipts Event1 | $364,713 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $364,713 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $46,600 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $31,710 | OtherDirectExpensesEvent1Amt |
| Event2 | GOLF OUTING | Event2Nm |
| Gross Receipts Event2 | $70,258 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $70,258 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $29,374 | RentFacilityCostsEvent2Amt |
| Other Direct Expenses Event2 | $3,821 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $434,971 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $434,971 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $75,974 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $35,531 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $111,505 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $323,466 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| STUDENT FINANCIAL AID | 285 | $4,005,123 |
| STUDENT TUITION REMISSION | 37 | $714,676 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | MONITORING USE OF GRANT FUNDS - THE ACADEMY ENSURES THAT ITS GRANTS ARE USED FOR EDUCATIONAL PURPOSES BY CREDITING THE FINANCIAL AID AMOUNTS DIRECTLY TO THE STUDENTS' ACCOUNTS INSTEAD OF ISSUING CHECKS. | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DON KAATZ | PersonNm |
| Relationship With Org | BOARD MEMBER | RelationshipWithOrgTxt |
| Loan Purpose | PURCHASE OF PROPERTY | LoanPurposeTxt |
| Loan To Organization | Yes (X) | LoanToOrganizationInd |
| Original Principal | $320,000 | OriginalPrincipalAmt |
| Balance Due | $320,000 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | Yes (1) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $320,000 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | AUCTION ITEMS | Desc |
| Contribution | 500 | ContributionCnt |
| Noncash Contributions Rpt F990 | $100,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | REVIEW OF FORM 990 - THE BOARD OF DIRECTORS DELEGATED THE AUTHORITY TO REVIEW AND APPROVE FORM 990 TO THE FINANCE COMMITTEE. THE FINANCE COMMITTEE REVIEWED THE TAX RETURN AT A MEETING PRIOR TO THE FILING OF THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 PROVIDED TO GOVERNING BODY - BECAUSE OF THE CONFIDENTIAL NATURE OF DONOR INFORMATION, THE ACADEMY HAS CHOSEN NOT TO SHARE THE NAMES AND ADDRESSES OF DONORS LISTED ON SCHEDULE B WITH THE FINANCE COMMITTEE AND BOARD. THEREFORE, THE ACADEMY PROVIDED A COPY OF FORM 990 TO THE FINANCE COMMITTEE AND BOARD BUT REDACTED DONOR INFORMATION FROM SCHEDULE B. AS SUCH, WE ARE REQUIRED TO ANSWER "NO" TO THE QUESTION ON LINE 11A OF PART VI EVEN THOUGH THE BOARD WAS GIVEN FORM 990 BEFORE IT WAS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | MONITORING AND ENFORCEMENT OF CONFLICT POLICY - THE COMMITTEE ON DIRECTORS REVIEWS COMPLIANCE WITH THE ACADEMY'S CONFLICT POLICY. WHEN A CONFLICT ARISES, THE EFFECTED PERSON IS NOT PERMITTED TO PARTICIPATE IN THE DISCUSSION OF THE TRANSACTION OR TO VOTE ON THE MATTER. THE DECISION TO ACCEPT OR REJECT THE PROPOSED TRANSACTION IS MADE BY PERSONS WHO ARE INDEPENDENT OF THE INDIVIDUAL WITH THE CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION DETERMINATION - AN ANNUAL SALARY COMPARISON IS DONE FOR FACULTY AND STAFF BASED ON INFORMATION ACQUIRED FROM NAIS AND OAIS SURVEY DATA. THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE DATA AND APPROVES ANY SALARY INCREASES. THE PERSONS MAKING DECISIONS ABOUT COMPENSATION ARE INDEPENDENT OF THE EMPLOYEES FOR WHOM THE COMPENSATION IS BEING DETERMINED. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABILITY OF DOCUMENTS - THE ACADEMY MAKES ITS FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. |
| PART VII - ADDITIONAL INFORMATION ABOUT COMPENSATION: | MITCH WHITE WAS THE HEAD OF SCHOOL FOR THE ENTIRE FISCAL YEAR ENDED JUNE 30, 2019. HOWEVER, HIS 2018 FORM W-2 CONTAINED WAGES ONLY FOR 6 MONTHS IN 2018. AS COMPENSATION REPORTING ON FORM 990 IS BASED ON CALENDAR YEAR 2018, PART VII SHOWS MR. WHITE'S COMPENSATION FOR ONLY 6 MONTHS. SIMILARLY, PETER SRSEN STARTED AS C.F.O. IN JANUARY OF 2019 AND THEREFORE DID NOT RECEIVE A 2018 FORM W-2. THEREFORE, HIS COMPENSATION IS $0 ON PART VII. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF INTEREST RATE SWAP -302,766. |
Comments