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EA YOUNG ACADEMY: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
EA YOUNG ACADEMY (EIN 45-3930852)
Tax period
2017-08-01 to 2018-07-31
Filed
2019-06-17
IRS object ID
201911689349300731
Schema version
2017v2.3
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)
Return2019-06-17T13:21:26-05:00ReturnTs
Tax Period End2018-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN750786316PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEAVER AND TIDWELL LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12821 W 7TH STREET SUITE 700AddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76107ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN453930852EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1E A YOUNG ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEAYOBusinessNameControlTxt
Phone8174274888PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18521 DAVIS BLVDAddressLine1Txt
CityNORTH RICHLAND HILLSCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76182ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKATHY LYDAPersonNm
Person TitleHEAD OF SCHOOLPersonTitleTxt
Phone8174274888PhoneNum
Signature2019-06-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonIRA NEVELOWPreparerPersonNm
PTINP00083210PTIN
Phone8173327905PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address174.47.139.16IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-06-13IPDt
IP Tm19:02:17IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id5C4235370BF3A68355B62144980C064C7E2EFC51AtSubmissionCreationDeviceId
At Submission Filing Device Id156379E830DA90E450AA26A0587AD20B8B0D98EFAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKATHY LYDAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12665 JOHNSON ROADAddressLine1Txt
CitySOUTHLAKECityNm
State AbbreviationTXStateAbbreviationCd
ZIP76092ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,216,041GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.EAYOUNGACADEMY.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionE A YOUNG ACADEMY IS A NOT-FOR-PROFIT, PRIVATE ACADEMY DEVELOPING INNOVATIVE, PROBLEM SOLVING, COMPASSIONATE STEWARDS OF OUR GLOBAL COMMUNITY.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee24TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$153,496PYContributionsGrantsAmt
CY Contributions Grants$367,808CYContributionsGrantsAmt
PY Program Service Revenue$634,059PYProgramServiceRevenueAmt
CY Program Service Revenue$842,367CYProgramServiceRevenueAmt
PY Investment Income$77PYInvestmentIncomeAmt
CY Investment Income$16CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue-$5,287CYOtherRevenueAmt
PY Total Revenue$787,632PYTotalRevenueAmt
CY Total Revenue$1,204,904CYTotalRevenueAmt
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$1,016,396PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$836,348CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$439,111PYOtherExpensesAmt
CY Other Expenses$349,064CYOtherExpensesAmt
PY Total Expenses$1,455,507PYTotalExpensesAmt
CY Total Expenses$1,185,412CYTotalExpensesAmt
PY Revenues Less Expenses-$667,875PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$19,492CYRevenuesLessExpensesAmt
Total Assets BOY$391,583TotalAssetsBOYAmt
Total Assets EOY$390,859TotalAssetsEOYAmt
Total Liabilities BOY$792,403TotalLiabilitiesBOYAmt
Total Liabilities EOY$649,262TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$400,820NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$258,403NetAssetsOrFundBalancesEOYAmt
MissionE. A. YOUNG ACADEMY IS A NOT-FOR-PROFIT, PRIVATE ACADEMY DEVELOPING INNOVATIVE, PROBLEM SOLVING, COMPASSIONATE STEWARDS OF OUR GLOBAL COMMUNITY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,171,796ExpenseAmt
Revenue$842,367RevenueAmt
DescEDUCATION: E.A. YOUNG ACADEMY IS A K-12, NOT-FOR-PROFIT PRIVATE ACADEMY DEDICATED TO THE GIFTED, TALENTED AND HIGH ABILITY SCHOLAR. IT CURRENTLY SERVES 74 SCHOLARS, DRAWING FROM AN APPROXIMATELY 15 MILE RADIUS. THE STUDENT POPULATION IS A DIVERSE COMMUNITY OF LEARNERS INCLUDING AFRICAN AMERICAN, ASIAN, HISPANIC, CAUCASIAN AND MULTI-RACIAL FAMILIES. THE PRIMARY MECHANISM USED TO MEASURE SCHOLAR GROWTH IS THROUGH THE ADMINISTRATION OF THE MEASURES OF ACADEMIC PROGRESS (MAP) TESTING. THIS IS A COMPUTERIZED, ADAPTIVE TEST THAT ADJUSTS THE DIFFICULTY OF THE QUESTIONS TO THE LEVEL OF THE SCHOLAR. THE MAJORITY OF OUR SCHOLAR'S RESULTS SHOW A HIGH GROWTH RATE COUPLED WITH A HIGH ACHIEVEMENT RATE. FURTHER INFORMATION IS AVAILABLE UPON REQUEST.Desc
Total Program Service Expenses$1,171,796TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
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 LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
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 ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
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 Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee24EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
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 CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KATHY LYDABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8174274888PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18521 DAVIS BLVDAddressLine1Txt
CityNORTH RICHLAND HILLSCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76182ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
LANCE LYDA
DIRECTOR OF OPERATIONS40.00Yes (X)Yes (X)$22,500$0$14,200
KATHY LYDA
HEAD OF SCHOOL60.00Yes (X)Yes (X)$43,750$0$14,200
BRIAN ROGERS
INTERIM CHAIR1.00Yes (X)$0$0$0
GAYLE BROWN
DIRECTOR40.00Yes (X)$40,000$0$0
SARAH HODGES
DIRECTOR2.00Yes (X)$0$0$0
MARK PFLUGER
DIRECTOR2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$106,250TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$28,400TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$44,809FundraisingAmt
All Other Contributions$322,999AllOtherContributionsAmt
Total Contributions$367,808TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTUITION & FEESDesc
Business611110BusinessCd
Total Revenue Column$842,367TotalRevenueColumnAmt
Related Or Exempt Func Income$842,367RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$842,367TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$16TotalRevenueColumnAmt
Exclusion$16ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$5,850FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$44,809ContriRptFundraisingEventAmt
Fundraising Direct Expenses$11,137FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$5,287TotalRevenueColumnAmt
Exclusion-$5,287ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,204,904TotalRevenueColumnAmt
Related Or Exempt Func Income$842,367RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$5,271ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$139,020TotalAmt
Program Services$139,020ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$636,151TotalAmt
Program Services$636,151ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$61,177TotalAmt
Program Services$61,177ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,864TotalAmt
Management And General$2,864ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,593TotalAmt
Management And General$2,593ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,159TotalAmt
Management And General$8,159ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$7,718TotalAmt
Program Services$7,718ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$284,919TotalAmt
Program Services$284,919ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,078TotalAmt
Program Services$1,078ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,274TotalAmt
Program Services$2,274ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
OTHER PROGRAM SERVICE E$20,246$20,246
CURRICULUM$19,213$19,213

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,185,412TotalAmt
Program Services$1,171,796ProgramServicesAmt
Management And General$13,616ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$194,091BOYAmt
EOY$60,590EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$60,749BOYAmt
EOY$293,065EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$131,415BOYAmt
EOY$26,642EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$4,213EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$15,565LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$14,216LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$328BOYAmt
EOY$1,349EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,000BOYAmt
EOY$5,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$391,583BOYAmt
EOY$390,859EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$13,544BOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$27,739BOYAmt
EOY$10,836EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$120,000BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$631,120BOYAmt
EOY$638,426EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$792,403BOYAmt
EOY$649,262EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$400,820BOYAmt
EOY-$258,403EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$400,820BOYAmt
EOY-$258,403EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$391,583BOYAmt
EOY$390,859EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$19,492ReconcilationRevenueExpnssAmt
Prior Period Adjustments$122,925PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,565OtherCostOrOtherBasisAmt
Depreciation$14,216DepreciationAmt
Book Value$1,349BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,349TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOTHER LIABILITIESDesc
Amt$638,426Amt
FieldValueIRS element (for citing)
Total Liability$638,426TotalLiabilityAmt

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 Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, LINE 3FormAndLineReferenceDesc
ExplanationE A YOUNG ACADEMY NONDISCRIMINATORY STATEMENT AND SPECIFICATIONS FOR USE: 1. THE NOTICE MUST BE PUBLISHED IN A NEWSPAPER OF GENERAL CIRCULATION THAT SERVES ALL RACIAL SEGMENTS OF THE COMMUNITY. 2. THIS PUBLICATION MUST BE REPEATED AT LEAST ONCE ANNUALLY DURING THE PERIOD OF THE SCHOOL'S SOLICITATION FOR STUDENTS OR, IN THE ABSENCE OF A SOLICITATION PROGRAM, DURING THE SCHOOL'S REGISTRATION PERIOD. 3. WHERE MORE THAN ONE COMMUNITY IS SERVED BY A SCHOOL, THE SCHOOL MAY PUBLISH ITS NOTICE IN THOSE NEWSPAPERS THAT ARE REASONABLY LIKELY TO BE READ BY ALL RACIAL SEGMENTS OF THE COMMUNITIES THAT IT SERVES. 4. THE NOTICE MUST APPEAR IN A SECTION OF THE NEWSPAPER LIKELY TO BE READ BY PROSPECTIVE STUDENTS AND THEIR FAMILIES AND IT MUST OCCUPY AT LEAST THREE COLUMN INCHES IT MUST BE CAPTIONED IN AT LEAST 12 POINT BOLD FACE TYPE AS A NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS, AND ITS TEXT MUST BE PRINTED IN AT LEAST 8 POINT TYPE NOTICE OF NONDISRIMINATORY POLICY AS TO STUDENTS. E A YOUNG ACADEMY ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ANNUAL GALAEvent1Nm
Gross Receipts Event1$50,659GrossReceiptsEvent1Amt
Charitable Contri Event1$44,809CharitableContriEvent1Amt
Gross Revenue Event1$5,850GrossRevenueEvent1Amt
Food And Beverage Event1$7,044FoodAndBeverageEvent1Amt
Entertainment Event1$800EntertainmentEvent1Amt
Other Direct Expenses Event1$3,293OtherDirectExpensesEvent1Amt
Gross Receipts Total$50,659GrossReceiptsTotalAmt
Charitable Contributions Tot$44,809CharitableContributionsTotAmt
Gross Revenue Total Events$5,850GrossRevenueTotalEventsAmt
Food And Beverage Total Events$7,044FoodAndBeverageTotalEventsAmt
Entertainment Total Events$800EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$3,293OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$11,137DirectExpenseSummaryEventsAmt
Net Income Summary-$5,287NetIncomeSummaryAmt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)

Relationship With OrgRelationshipWithOrgTxtLoan To OrganizationLoanToOrganizationIndOriginal PrincipalOriginalPrincipalAmtBalance DueBalanceDueAmtDefaultDefaultIndBoard Or Committee ApprovalBoardOrCommitteeApprovalIndWritten AgreementWrittenAgreementInd
LANCE KATHY LYDA
DIRECTOR OF OPERATIONS & HEAD OF SCHOOLYes (X)$31,159$9,9380Yes (1)0
CAMENAE GROUP
OWNED AND OPERATED BY LANCE & KATHY LYDAYes (X)$16,898$8980Yes (1)0
FieldValueIRS element (for citing)
Total Balance Due$10,836TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2LANCE LYDA (DIRECTOR OF OPERATIONS) AND KATHY LYDA (HEAD OF SCHOOL) HAVE A MARITAL RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11BFINANCIAL INFORMATION IS REVIEWED BY THE HEAD OF SCHOOL BEFORE SUBMITTING FOR 990 PREPARATION. THE 990 IS REVIEWED BY THE BOARD BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CACCORDING TO E A YOUNG ACADEMY'S CONFLICT OF INTEREST POLICY, AN INTERESTED PARTY HAS A DUTY TO DISCLOSE TO THE BOARD OF DIRECTORS ANY POSSIBLE CONFLICT OF INTEREST. THE BOARD IS THEN INVOLVED IN REVIEWING THE FACTS AND DETERMINING IF THERE IS A CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15ANNUALLY, THE BOARD OF DIRECTORS SHALL ADOPT A RESOLUTION ESTABLISHING AN INDEPENDENT COMPENSATION COMMITTEE. AT LEAST TWO OF THE PERSONS SERVING ON THE COMMITTEE SHALL BE DIRECTORS. THE COMMITTEE SHALL BE ELECTED BY A VOTE OF THE BOARD OF DIRECTORS. THE INDEPENDENT COMPENSATION COMMITTEE SHALL DETERMINE AND APPROVE THE COMPENSATION FOR ALL EXECUTIVE EMPLOYEES. (EXECUTIVE EMPLOYEES ARE HEREBY DEFINED AS EMPLOYEES IN A POSITION TO EXERT SUBSTANTIAL INFLUENCE OVER THE CORPORATION, SUCH AS, BUT NOT LIMITED TO, THE OFFICERS OF THE CORPORATION). IN SO DOING, THE INDEPENDENT COMPENSATION COMMITTEE MAY CONSIDER DUTIES, PERFORMANCE EVALUATIONS, COMPENSATION COMPARABILITY DATA, AND OTHER RELEVANT INFORMATION. NO EXECUTIVE EMPLOYEES SHALL PARTICIPATE IN THE INDEPENDENT COMPENSATION COMMITTEE'S DISCUSSION AND FORMULATION OF, OR VOTE REGARDING, SALARY AND BENEFITS.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS CAN BE MADE AVAILABLE FOR INSPECTION UPON REQUEST.

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