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ACADEMY CHILD DEVELOPMENT CENTER INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
ACADEMY CHILD DEVELOPMENT CENTER INC (EIN 52-1228660)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-09-13
IRS object ID
201932569349300433
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)
Return2019-09-13T11:49:07-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521158459PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HERTZBACH & COMPANY PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11803 RESEARCH BLVD 215AddressLine1Txt
CityROCKVILLECityNm
State AbbreviationMDStateAbbreviationCd
ZIP20850ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521228660EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ACADEMY CHILD DEVELOPMENT CENTER INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlACADBusinessNameControlTxt
Phone3014246282PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110109 DARNESTOWN ROADAddressLine1Txt
CityROCKVILLECityNm
State AbbreviationMDStateAbbreviationCd
ZIP20850ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARILYN FLEETWOODPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3014246282PhoneNum
Signature2019-09-05SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANTHONY F ALLEN CPAPreparerPersonNm
PTINP00183995PTIN
Phone3013152150PhoneNum
Preparation2019-09-05PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address107.1.94.226IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-09-05IPDt
IP Tm14:20:16IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device IdE1B96D1DC90E53AF190CDD31BADB0B765BA566D2AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLESLEY WALSH-EVERHARTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line110109 DARNESTOWN ROADAddressLine1Txt
CityROCKVILLECityNm
State AbbreviationMDStateAbbreviationCd
ZIP20850ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,897,581GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ACADEMYCHILD.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1981FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionACADEMY STRIVES TO REMAIN AN INNOVATOR IN THE FIELD OF EDUCATIONAL CHILD CARE AND PRESCHOOL-PRIMARY SCHOOL PROGRAMMING. WE ARE HIGHLY RECOGNIZED AS PROVIDING THE HIGHEST QUALITY LEVEL OF LICENSED AND MONITORED CHILD CARE AND EDUCATION FOR CHILDREN AGES 2 MONTHS THROUGH SCHOOL-AGE AND FOR THE VARIOUS CULTURES AND ECONOMIC BACKGROUNDS OF THE FAMILIES IN MONTGOMERY COUNTY. OUR MISSION AND PURPOSE IS: TO OFFER DEVELOPMENTALLY APPROPRIATE EARLY CHILDHOOD/SCHOOL AGE PROGRAMS; TO PROVIDE SAFE, HEALTHY AND RELIABLE CHILD CARE OPTIONS FOR WORKING PARENTS; TO MAINTAIN A DEDICATED, PROFESSIONAL STAFF THROUGH COMPETITIVE SALARIES, BENEFITS AND ONGOING PROFESSIONAL DEVELOPMENT TRAINING; TO DEVELOP AND MAINTAIN PARTNERSHIPS WITH PARENTS, STAFF, COMMUNITY, LOCAL, STATE AND NATIONAL ORGANIZATIONS; TO ACHIEVE AND MAINTAIN THE HIGHEST LEVELS OF EXCELS RATINGS IN THE STATE.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee102TotalEmployeeCnt
Total Volunteers2TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,859PYContributionsGrantsAmt
CY Contributions Grants$350,381CYContributionsGrantsAmt
PY Program Service Revenue$4,269,317PYProgramServiceRevenueAmt
CY Program Service Revenue$3,510,732CYProgramServiceRevenueAmt
PY Investment Income$51,825PYInvestmentIncomeAmt
CY Investment Income$36,414CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$4,329,001PYTotalRevenueAmt
CY Total Revenue$3,897,527CYTotalRevenueAmt
PY Grants And Similar Paid$180,911PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$154,826CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,992,419PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,839,042CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,411CYTotalFundraisingExpenseAmt
PY Other Expenses$1,005,876PYOtherExpensesAmt
CY Other Expenses$1,007,277CYOtherExpensesAmt
PY Total Expenses$4,179,206PYTotalExpensesAmt
CY Total Expenses$4,001,145CYTotalExpensesAmt
PY Revenues Less Expenses$149,795PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$103,618CYRevenuesLessExpensesAmt
Total Assets BOY$3,023,381TotalAssetsBOYAmt
Total Assets EOY$2,782,384TotalAssetsEOYAmt
Total Liabilities BOY$840,747TotalLiabilitiesBOYAmt
Total Liabilities EOY$797,477TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,182,634NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,984,907NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionACADEMY OFFERS THE "BUILDING BLOCKS FOR LIFE" PHILOSOPHY - THE FOUNDATION FROM WHICH ALL LEARNING TAKES PLACE FOR THE FUTURE. CHILDREN GROW IN A NURTURING ENVIRONMENT THAT PROMOTES SAFETY AND SECURITY. WHEN CHILDREN ARE GUIDED TO LIVE AND PLAY TOGETHER IN AN ATMOSPHERE OF MUTUAL RESPECT AND SUPPORT, THEY DEVELOP POSITIVE CHARACTER VALUES. BY ENCOURAGING CREATIVITY, EXPLORATION, AND DISCOVERY CHILDREN ACQUIRE A LOVE OF LEARNING AND A SENSE OF SELF. ACADEMY IS DEDICATED TO THE WORLD'S FUTURE - ITS CHILDREN.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,436,002ExpenseAmt
Grant$154,826GrantAmt
Revenue$3,510,732RevenueAmt
DescPROVIDED HIGH QUALITY DAYCARE/EDUCATION SERVICES FOR OVER 500 CHILDREN IN MONTGOMERY COUNTY MARYLAND.Desc
Total Program Service Expenses$3,436,002TotalProgramServiceExpensesAmt
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 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 Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
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 Document16IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee102EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
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 Policy0WhistleblowerPolicyInd
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

FieldValueIRS element (for citing)
PersonHEATHER O'BRIENPersonNm
Phone3014246282PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110109 DARNESTOWN ROADAddressLine1Txt
CityROCKVILLECityNm
State AbbreviationMDStateAbbreviationCd
ZIP20850ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
LESLEY WALSH-EVERHART
PRESIDENT40.00Yes (X)Yes (X)$111,236$0$6,290
BRUCE KAHAN
VICE PRESIDENT40.00Yes (X)Yes (X)$64,480$0$0
DEBORA SULLIVAN
SECRETARY40.00Yes (X)Yes (X)$53,207$0$6,802
AILEEN WALSH
DIRECTOR1.25Yes (X)$0$0$0
JODY BURGHARDT
DIRECTOR1.25Yes (X)$0$0$0
MARILYN FLEETWOOD
DIRECTOR1.25Yes (X)$16,157$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$245,080TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$13,092TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$346,737GovernmentGrantsAmt
All Other Contributions$3,644AllOtherContributionsAmt
Total Contributions$350,381TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
DAY CARE TUITION611600$3,479,960$3,479,960
MISC900099$30,772$30,772
FieldValueIRS element (for citing)
Total Program Service Revenue$3,510,732TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$36,468TotalRevenueColumnAmt
Exclusion$36,468ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$54OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$54OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$54TotalRevenueColumnAmt
Exclusion-$54ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,897,527TotalRevenueColumnAmt
Related Or Exempt Func Income$3,510,732RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$36,414ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$154,826TotalAmt
Program Services$154,826ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$258,172TotalAmt
Program Services$129,086ProgramServicesAmt
Management And General$129,086ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,301,907TotalAmt
Program Services$2,074,788ProgramServicesAmt
Management And General$227,119ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$6,437TotalAmt
Program Services$5,802ProgramServicesAmt
Management And General$635ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$74,045TotalAmt
Program Services$66,739ProgramServicesAmt
Management And General$7,306ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$198,481TotalAmt
Program Services$178,898ProgramServicesAmt
Management And General$19,583ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,902TotalAmt
Management And General$4,902ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,715TotalAmt
Management And General$5,715ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$9,413TotalAmt
Management And General$9,413ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$124,873TotalAmt
Program Services$75,584ProgramServicesAmt
Management And General$49,289ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$19,332TotalAmt
Management And General$19,332ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$37,558TotalAmt
Program Services$33,852ProgramServicesAmt
Management And General$3,706ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$20,795TotalAmt
Program Services$18,743ProgramServicesAmt
Management And General$2,052ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$287,204TotalAmt
Program Services$258,867ProgramServicesAmt
Management And General$28,337ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,120TotalAmt
Program Services$4,778ProgramServicesAmt
Management And General$342ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$16,129TotalAmt
Program Services$16,129ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$25,839TotalAmt
Program Services$23,290ProgramServicesAmt
Management And General$2,549ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$48,930TotalAmt
Program Services$44,102ProgramServicesAmt
Management And General$4,828ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$53,826TotalAmt
Program Services$35,119ProgramServicesAmt
Management And General$18,707ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES AND MATERIALS$158,571$156,000$2,571
REPAIRS AND MAINTENANCE$80,378$72,926$7,452
UTILITIES$53,859$48,545$5,314
MISCELLANEOUS EXPENSE$19,551$19,529$22

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$35,282TotalAmt
Program Services$18,399ProgramServicesAmt
Management And General$13,472ManagementAndGeneralAmt
Fundraising$3,411FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,001,145TotalAmt
Program Services$3,436,002ProgramServicesAmt
Management And General$561,732ManagementAndGeneralAmt
Fundraising$3,411FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$445,778BOYAmt
EOY$445,280EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$101,090BOYAmt
EOY$5,218EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,692,702LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$649,068LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,084,738BOYAmt
EOY$1,043,634EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,373,775BOYAmt
EOY$1,270,252EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$18,000BOYAmt
EOY$18,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,023,381BOYAmt
EOY$2,782,384EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$713,966BOYAmt
EOY$678,272EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$126,781BOYAmt
EOY$119,205EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$840,747BOYAmt
EOY$797,477EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,182,634BOYAmt
EOY$1,984,907EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,182,634BOYAmt
EOY$1,984,907EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,023,381BOYAmt
EOY$2,782,384EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$103,618ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$94,110NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,534,062OtherCostOrOtherBasisAmt
Depreciation$499,598DepreciationAmt
Book Value$1,034,464BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$158,640OtherCostOrOtherBasisAmt
Depreciation$149,470DepreciationAmt
Book Value$9,170BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,043,634TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEPOSITS$106,000
CREDIT CARD PAYABLE$11,101
PAYROLL LIABILITIES$2,104
FieldValueIRS element (for citing)
Total Liability$119,205TotalLiabilityAmt

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 3THE ORGANIZATION PUBLISHES ITS POLICY ON THE WEB SITE; IT IS PUBLISHED IN THE STATE ACCREDITATION DOCUMENTATION THAT IS SENT IN AS PART OF THE ANNUAL RENEWALS AND FOR THE STATE EXCELS PROGRAM; IN PARENT HANDBOOKS AND STAFF POLICY BOOKS PUBLISHED ANNUALLY; AND, ANNUALLY, IN PARENT FLYERS AND BROCHURES. THE ORGANIZATION IS A LOCAL SCHOOL THAT DRAWS ITS STUDENTS FROM THE IMMEDIATE, LOCAL COMMUNITY AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS.
SCHEDULE E, PART I, LINE 6THE ORGANIZATION RECEIVES REIMBURSEMENT FOR TEACHER'S SALARIES, ENRICHMENT, SUPPLIES, AND OTHER ITEMS FROM MD STATE DEPARTMENT OF EDUCATION.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeTUITION SCHOLARSHIPS FOR STUDENTSGrantTypeTxt
Recipient50RecipientCnt
Cash Grant$154,826CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE TUITION COMMITTEE OF THE ACADEMY CHILD DEVELOPMENT CENTER EVALUATES EACH STUDENT'S FINANCIAL SITUATION AND DISTRIBUTES SCHOLARSHIPS AND TUITION DISCOUNTS BASED ON THOSE NEEDS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonMARILYN FLEETWOODPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionDIRECTORRelationshipDescriptionTxt
Transaction$192,000TransactionAmt
TransactionRENTTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONSFormAndLineReferenceDesc
Explanation( A ) NAME OF PERSON: MARILYN FLEETWOOD( D ) DESCRIPTION OF TRANSACTION: RENTTHE ORGANIZATION LEASES THE FOLLOWING PROPERTY FROM RLL & C CORP, WHICH IS OWNED BY THE FLEETWOODS, AS FOLLOWS: 10109 DARNESTOWN ROAD, ROCKVILLE, MD 2018 RENT PAIDExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2AILEEN WALSH IS THE MOTHER OF LESLEY WALSH-EVERHART.
FORM 990, PART VI, SECTION B, LINE 11BA DRAFT OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS AT LEAST ONE WEEK PRIOR TO ITS FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS MONITORED ON A CONSTANT BASIS.
FORM 990, PART VI, SECTION C, LINE 19BY APPOINTMENT AT OFFICES LOCATED AT 10109 DARNESTOWN ROAD, ROCKVILLE, MD.

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