BETA

ARISTOI CLASSICAL ACADEMY INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
ARISTOI CLASSICAL ACADEMY INC (EIN 76-0495959)
Tax period
2018-09-01 to 2019-08-31
Filed
2020-06-29
IRS object ID
202031819349301623
Schema version
2018v3.1
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)
Return2020-06-29T15:21:02-05:00ReturnTs
Tax Period End2019-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN752393478PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WHITLEY PENN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1600 GULF FREEWAY STE 226AddressLine1Txt
CityTEXAS CITYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77591ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN760495959EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ARISTOI CLASSICAL ACADEMY INCBusinessNameLine1Txt
Business Name Line2ARISTOI CLASSICAL ACADEMYBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlARISBusinessNameControlTxt
Phone2813915003PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15618 ELEVENTH STREETAddressLine1Txt
CityKATYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77493ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLUCINA BOTONDPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2813915003PhoneNum
Signature2020-06-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLYDIA INABA COOKPreparerPersonNm
PTINP01252610PTIN
Phone4099484406PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address98.198.151.127IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-06-17IPDt
IP Tm09:02:37IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id12D162A715C23F24343BDCB86B496705B098FE62AtSubmissionCreationDeviceId
At Submission Filing Device Id6C556AA02B0F5F5E3F7D2C2DCADC48BF6426FDA7AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLUCINA BOTONDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15618 ELEVENTH STREETAddressLine1Txt
CityKATYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77493ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$8,781,909GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ARISTOICLASSICAL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1996FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionOUR MISSION IS TO PROVIDE OUR STUDENTS WITH AN ACADEMICALLY CHALLENGING CLASSICAL LIBERAL ARTS EDUCATION THAT ENCOURAGES THEM TO DEVELOP A PASSION FOR LEARNING THAT GIVES THEM THE MEANS TO BECOME RESPONSIBLE CITIZENS OF VIRTUOUS CHARACTER.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee158TotalEmployeeCnt
Total Volunteers172TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$256,408PYContributionsGrantsAmt
CY Contributions Grants$319,164CYContributionsGrantsAmt
PY Program Service Revenue$7,347,838PYProgramServiceRevenueAmt
CY Program Service Revenue$8,420,617CYProgramServiceRevenueAmt
PY Investment Income$30,674PYInvestmentIncomeAmt
CY Investment Income$42,128CYInvestmentIncomeAmt
PY Other Revenue$10,550PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$7,645,470PYTotalRevenueAmt
CY Total Revenue$8,781,909CYTotalRevenueAmt
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$4,301,697PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,148,067CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$255,009CYTotalFundraisingExpenseAmt
PY Other Expenses$2,444,642PYOtherExpensesAmt
CY Other Expenses$3,642,654CYOtherExpensesAmt
PY Total Expenses$6,746,339PYTotalExpensesAmt
CY Total Expenses$7,790,721CYTotalExpensesAmt
PY Revenues Less Expenses$899,131PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$991,188CYRevenuesLessExpensesAmt
Total Assets BOY$15,511,203TotalAssetsBOYAmt
Total Assets EOY$16,498,888TotalAssetsEOYAmt
Total Liabilities BOY$11,024,101TotalLiabilitiesBOYAmt
Total Liabilities EOY$11,020,598TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,487,102NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,478,290NetAssetsOrFundBalancesEOYAmt
MissionOUR MISSION IS TO PROVIDE OUR STUDENTS WITH AN ACADEMICALLY CHALLENGING CLASSICAL LIBERAL ARTS EDUCATION THAT ENCOURAGES THEM TO DEVELOP A PASSION FOR LEARNING THAT GIVES THEM THE MEANS TO BECOME RESPONSIBLE CITIZENS OF VIRTUOUS CHARACTER.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,154,949ExpenseAmt
Revenue$8,420,617RevenueAmt
DescTHE SCHOOL SUCCESSFULLY PROVIDED A CLASSICAL LIBERAL ARTS EDUCATION FOCUSING ON THE CLASSICAL IDEAS OF TRUTH, GOODNESS, AND BEAUTY TO OVER 850 STUDENTS WHILE STILL ACHIEVING ALL OF THE STATE AND FEDERALLY MANDATED ACADEMIC STANDARDS.Desc
Total Program Service Expenses$5,154,949TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
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 StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
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 MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document27IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee158EmployeeCnt
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
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 Members6GoverningBodyVotingMembersCnt
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 Line1ANNA AMBOREEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2813915003PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15618 ELEVENTH STREETAddressLine1Txt
CityKATYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77493ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
LUCINA BOTOND
BOARD PRESIDENT10.00Yes (X)Yes (X)$0$0$0
ANDY HOVIS
BOARD VICE PRESIDENT1.00Yes (X)$0$0$0
GARY FERGUSON
BOARD DIRECTOR1.00Yes (X)Yes (X)$0$0$0
TOM NUNAMAKER
BOARD TREASURER1.00Yes (X)Yes (X)$0$0$0
JULIE CRAIG
BOARD SECRETARY1.00Yes (X)Yes (X)$43,227$0$3,606
ADRIANA COX
BOARD DIRECTOR1.00Yes (X)$0$0$0
BRENDA DAVIDSON
SUPERINTENDENT40.00Yes (X)$79,931$0$13,271
FieldValueIRS element (for citing)
Total Reportable Comp From Org$123,158TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$16,877TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$319,164AllOtherContributionsAmt
Total Contributions$319,164TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STATE REVENUE611110$8,011,968$8,011,968
FOOD SERVICE611110$201,014$201,014
IDEA PART B611110$118,570$118,570
ESEA TITLE I, II, III611110$54,046$54,046
TITLE IV, PART A, SUBP611110$35,019$35,019
FieldValueIRS element (for citing)
Total Program Service Revenue$8,420,617TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$42,128TotalRevenueColumnAmt
Exclusion$42,128ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,781,909TotalRevenueColumnAmt
Related Or Exempt Func Income$8,420,617RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$42,128ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,148,067TotalAmt
Program Services$3,318,454ProgramServicesAmt
Management And General$746,652ManagementAndGeneralAmt
Fundraising$82,961FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$750,620TotalAmt
Program Services$112,593ProgramServicesAmt
Management And General$630,521ManagementAndGeneralAmt
Fundraising$7,506FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,900TotalAmt
Program Services$3,354ProgramServicesAmt
Management And General$468ManagementAndGeneralAmt
Fundraising$78FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$338,016TotalAmt
Program Services$50,702ProgramServicesAmt
Management And General$283,933ManagementAndGeneralAmt
Fundraising$3,381FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
DEBT SERVICES$847,621$847,621
SCHOOL LEADERSHIP$606,482$485,186$109,167$12,129
GENERAL ADMINISTRATION$344,338$51,651$289,244$3,443
FOOD SERVICES$208,663$68,859$135,631$4,173

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$543,014TotalAmt
Program Services$216,529ProgramServicesAmt
Management And General$185,147ManagementAndGeneralAmt
Fundraising$141,338FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,790,721TotalAmt
Program Services$5,154,949ProgramServicesAmt
Management And General$2,380,763ManagementAndGeneralAmt
Fundraising$255,009FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,851,461BOYAmt
EOY$2,918,759EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,270,787BOYAmt
EOY$1,440,179EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$588,947BOYAmt
EOY$851,026EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$322BOYAmt
EOY$322EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$9,700BOYAmt
EOY$9,700EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$13,133,051LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,854,149LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$10,789,986BOYAmt
EOY$11,278,902EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$15,511,203BOYAmt
EOY$16,498,888EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$649,500BOYAmt
EOY$624,926EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,374,601BOYAmt
EOY$10,395,672EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,024,101BOYAmt
EOY$11,020,598EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,248,102BOYAmt
EOY$1,609,394EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,239,000BOYAmt
EOY$3,868,896EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,487,102BOYAmt
EOY$5,478,290EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,511,203BOYAmt
EOY$16,498,888EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$991,188ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$3,805,756InvestmentCostOrOtherBasisAmt
Book Value$3,805,756BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$9,069,378InvestmentCostOrOtherBasisAmt
Depreciation$1,707,368DepreciationAmt
Book Value$7,362,010BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$73,534InvestmentCostOrOtherBasisAmt
Depreciation$41,145DepreciationAmt
Book Value$32,389BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$184,383InvestmentCostOrOtherBasisAmt
Depreciation$105,636DepreciationAmt
Book Value$78,747BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$11,278,902TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$8,781,909TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$8,781,909RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$8,781,909TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,790,721TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$7,790,721ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,790,721TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ACADEMY DID NOT CONDUCT ANY UNRELATED BUSINESS ACTIVITIES IN THE CURRENT FISCAL YEAR. THEREFORE, THE ACADEMY HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING 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 3YES, THE SCHOOL MAKES IT CLEAR IN ALL ADVERTISING AND ENROLLMENT LITERATURE THAT THE SCHOOL DOES NOT DISCRIMINATE IN ANY WAY. THE SCHOOL IS A CAMPUS-WIDE TITLE I SCHOOL AND IS PROHIBITED BY LAW FROM DISCRIMINATING. THIS INFORMATION IS AVAILABLE IN SCHOOL ENROLLMENT LITERATURE AND ON THE WEBSITE.
SCHEDULE E, PART I, LINE 6AS A PUBLIC SCHOOL, ACA RECEIVES MOST OF ITS OPERATING REVENUE FROM GOVERNMENTAL AGENCIES, PRIMARILY THE STATE OF TEXAS.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
POTTSBORO HIGHER EDUCATION FINANCE CORPORATION
A464641562738222AA62016-02-01$10,725,000FACILITIES CONSTRUCTION000
POTTSBORO HIGHER EDUCATION FINANCE CORPORATION
B464641562738222AC22016-02-01$405,000FACILITIES CONSTRUCTION000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A000Yes (1)
B000Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A0000000
B0000000

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A00Yes (1)000000
B00Yes (1)000000

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
A0
B0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonJULIE CRAIGPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionBOARD SECRETARYRelationshipDescriptionTxt
Transaction$46,833TransactionAmt
TransactionARISTOI ACADEMY TEACHERTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FULL BOARD REVIEWS AND APPROVES THE FORM 990 AND A MOTION IS THEN PUT FORTH AUTHORIZING THE FORM 990 TO BE SIGNED BY THE BOARD PRESIDENT AND FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS COMPLETE A QUESTIONNAIRE ANNUALLY.
FORM 990, PART VI, SECTION C, LINE 19ALL DOCUMENTS ARE AVAILABLE ON-DEMAND OR ON THE WEBSITE.
FORM 990, PART IX, LINE 24EFUNDRAISING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 133,142. TOTAL EXPENSES 133,142. DATA PROCESSING SERVICES: PROGRAM SERVICE EXPENSES 30,512. MANAGEMENT AND GENERAL EXPENSES 60,100. FUNDRAISING EXPENSES 1,849. TOTAL EXPENSES 92,461. GUIDANCE COUNSELING & EVALUATION SERVICES: PROGRAM SERVICE EXPENSES 24,863. MANAGEMENT AND GENERAL EXPENSES 48,973. FUNDRAISING EXPENSES 1,507. TOTAL EXPENSES 75,343. HEALTH SERVICES: PROGRAM SERVICE EXPENSES 22,417. MANAGEMENT AND GENERAL EXPENSES 44,154. FUNDRAISING EXPENSES 1,358. TOTAL EXPENSES 67,929. CURRICULUM / STAFF DEVELOPMENT: PROGRAM SERVICE EXPENSES 49,678. MANAGEMENT AND GENERAL EXPENSES 11,177. FUNDRAISING EXPENSES 1,242. TOTAL EXPENSES 62,097. INSTRUCTIONAL LEADERSHIP: PROGRAM SERVICE EXPENSES 42,341. MANAGEMENT AND GENERAL EXPENSES 9,527. FUNDRAISING EXPENSES 1,058. TOTAL EXPENSES 52,926. EXTRACURRICULAR ACTIVITIES: PROGRAM SERVICE EXPENSES 40,722. MANAGEMENT AND GENERAL EXPENSES 5,682. FUNDRAISING EXPENSES 947. TOTAL EXPENSES 47,351. SECURITY AND MONITORING SERVICES: PROGRAM SERVICE EXPENSES 2,398. MANAGEMENT AND GENERAL EXPENSES 4,724. FUNDRAISING EXPENSES 145. TOTAL EXPENSES 7,267. INSTRUCTIONAL RESOURCES AND MEDIA SERVICES: PROGRAM SERVICE EXPENSES 3,598. MANAGEMENT AND GENERAL EXPENSES 810. FUNDRAISING EXPENSES 90. TOTAL EXPENSES 4,498.

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