AMERICAN LEADERSHIP ACADEMY INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- AMERICAN LEADERSHIP ACADEMY INC (EIN 27-0333296)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-07-03
- IRS object ID
- 201821849349300817
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-07-03T07:25:23-00:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FORREST & COMPANY INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30021 Tomas St Ste 300 | AddressLine1Txt |
| City | R Santa Margarita | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92688 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 270333296 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN LEADERSHIP ACADEMY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AMER | BusinessNameControlTxt |
| Phone | 4804202101 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19935 CHANDLER HEIGHTS RD | AddressLine1Txt |
| City | QUEEN CREEK | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85142 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GLENN WAY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Signature | 2018-07-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BART W FORREST | PreparerPersonNm |
| Phone | 9496355701 | PhoneNum |
| Preparation | 2018-07-03 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GLENN L WAY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19935 CHANDLER HEIGHTS RD | AddressLine1Txt |
| City | QUEEN CREEK | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85142 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $43,805,003 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | alaschools.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2009 | FormationYr |
| Legal Domicile State | AZ | LegalDomicileStateCd |
| Activity Or Mission | Operates Charter schools in the State of Arizona. Education provided for K through 12th grade. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $433,638 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $43,371,365 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| CY Total Revenue | $43,805,003 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $282,470 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $103,323 | CYTotalFundraisingExpenseAmt |
| CY Other Expenses | $41,981,864 | CYOtherExpensesAmt |
| CY Total Expenses | $42,264,334 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $1,540,669 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $31,226,073 | TotalAssetsBOYAmt |
| Total Assets EOY | $51,632,687 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $27,775,084 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $46,641,029 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,450,989 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,991,658 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Operates Charter schools in the State of Arizona. Education provided for K through 12th grade. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $40,468,499 | ExpenseAmt |
| Desc | EDUCATION FOR CHILDREN IN K THORUGH 12TH GRADE. | Desc |
| Total Program Service Expenses | $40,468,499 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 4 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AMERICAN LEADERSHIP ACADEMY INC | PersonNm |
| Phone | 4804202101 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19935 CHANDLER HEIGHTS RD | AddressLine1Txt |
| City | QUEEN CREEK | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85142 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| STERLING TANNER | ||||||
| BOARD DIRECTOR | 005.00 | Yes (X) | $0 | $0 | $0 | |
| DAL ZEMP | ||||||
| BOARD DIRECTOR | 005.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID NIELSON | ||||||
| BOARD DIRECTOR | 005.00 | Yes (X) | $0 | $0 | $0 | |
| RALPH PEW | ||||||
| BOARD DIRECTOR | 005.00 | Yes (X) | $0 | $0 | $0 | |
| PAUL SINCLAIR | ||||||
| BOARD VICE PRESIDENT | 005.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| JEREMY CHRISTENSEN | ||||||
| BOARD SECRETARY/TREASURER | 005.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| RICHARD MOSS | ||||||
| BOARD DIRECTOR | 005.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| GLENN WAY | ||||||
| PRESIDENT | 050.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| CHELSEY GRIESS | ||||||
| BOARD PRESIDENT | 050.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ALA Management Services INC | |||||
| 1138 N Alma School Rd | Mesa | AZ | 85201 | Contracted Labor | $23,159,188 |
| SchoolHouse Queen Creek LLC | |||||
| 3115 Lion Lane No300 | Salt Lake City | UT | 84121 | Facilities | $3,556,691 |
| SchoolHouse Vista Heights LLC | |||||
| 3115 Lion Lane No300 | Salt Lake City | UT | 84121 | Facilities | $3,466,671 |
| PCI ALA Gilbert LLC | |||||
| 3115 Lion Lane No300 | Salt Lake City | UT | 84121 | Facilities | $1,529,643 |
| Vertex | |||||
| 530 S 1750 E | Price | UT | 84501 | Facilities | $669,780 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $181,016 | GovernmentGrantsAmt |
| All Other Contributions | $252,622 | AllOtherContributionsAmt |
| Total Contributions | $433,638 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | State Equalization AZ ect | Desc |
| Business | 611600 | BusinessCd |
| Total Revenue Column | $43,371,365 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $43,371,365 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $43,371,365 | TotalProgramServiceRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $43,805,003 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $43,371,365 | RelatedOrExemptFuncIncomeAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $282,470 | TotalAmt |
| Program Services | $282,470 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,482 | TotalAmt |
| Program Services | $73,482 | ProgramServicesAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,275 | TotalAmt |
| Program Services | $22,275 | ProgramServicesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees For Services Prof Fundraising | FeesForServicesProfFundraising |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,333,533 | TotalAmt |
| Program Services | $1,333,533 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,957 | TotalAmt |
| Program Services | $113,957 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,634,602 | TotalAmt |
| Management And General | $1,634,602 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,296,556 | TotalAmt |
| Program Services | $10,296,556 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,708 | TotalAmt |
| Program Services | $42,708 | ProgramServicesAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,273,421 | TotalAmt |
| Program Services | $2,273,421 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,996,152 | TotalAmt |
| Program Services | $1,996,152 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| Fundraising | $103,323 | $103,323 | ||
| Misc Expenses | $531,582 | $473,672 | $57,910 | |
| Instruction and operation | $23,560,273 | $23,560,273 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,264,334 | TotalAmt |
| Program Services | $40,468,499 | ProgramServicesAmt |
| Management And General | $1,692,512 | ManagementAndGeneralAmt |
| Fundraising | $103,323 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,605,176 | BOYAmt |
| EOY | $6,087,504 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,949 | BOYAmt |
| EOY | $632,961 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,217 | BOYAmt |
| EOY | $299,790 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $38,955,270 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,665,536 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,383,558 | BOYAmt |
| EOY | $32,289,734 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,116,173 | BOYAmt |
| EOY | $12,322,698 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,226,073 | BOYAmt |
| EOY | $51,632,687 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,337,303 | BOYAmt |
| EOY | $1,469,830 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,437,781 | BOYAmt |
| EOY | $45,171,199 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,775,084 | BOYAmt |
| EOY | $46,641,029 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,450,989 | BOYAmt |
| EOY | $4,991,658 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,450,989 | BOYAmt |
| EOY | $4,991,658 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,226,073 | BOYAmt |
| EOY | $51,632,687 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,540,669 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
| Public Support CY170 | 0.00000 | PublicSupportCY170Pct |
| Public Support CY509 | 0.00000 | PublicSupportCY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $38,955,270 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,665,536 | DepreciationAmt |
| Book Value | $32,289,734 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $32,289,734 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc |
|---|
| Financial derivatives and other financial products |
| Closely-held equity interests |
Other Assets Org OtherAssetsOrgGrp (8 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Bond Operating Reserve restricted | $5,710,596 |
| Bond debt service reserve | $2,245,534 |
| Construction in Progress | $828,570 |
| Notes Receivable | $1,277 |
| Prepaid Bond Interest | $66,606 |
| Cost of Issuance 2015 Bond | $2,750,677 |
| Bond Discount 2015 Bond | $719,438 |
| Loan Officer |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $12,322,698 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal income taxes | |
| Notes Payable | $2,147,487 |
| Capital Bonds Payable | $42,199,780 |
| Campus Lease Payable | $50,000 |
| Lines of Credit Payable | $773,932 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $45,171,199 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $43,805,003 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $43,805,003 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $43,805,003 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $42,264,334 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $42,264,334 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $42,264,334 | TotalExpensesPerForm990Amt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | false | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| IDA of the County of Pima | ||||||||
| A | 859445981 | 72177MQX8 | 2015-12-29 | $4,305,000 | To acquire school campuses. | false | false | false |
| IDA of the County of Pima | ||||||||
| B | 859445981 | 72177MQY6 | 2015-12-29 | $7,600,000 | To acquire school campuses. | false | false | false |
| IDA of the County of Pima | ||||||||
| C | 859445981 | 72177MQZ3 | 2015-12-29 | $12,985,000 | To acquire school campuses. | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $395,000 | $4,511,409 | $300,121 | $2,190,325 | $209,197 | $1,556,649 | $255,118 | false | Yes (true) | Yes (true) | Yes (true) |
| B | $7,964,392 | $529,831 | $3,866,775 | $369,314 | $2,748,092 | $450,382 | false | Yes (true) | Yes (true) | Yes (true) | |
| C | $13,607,584 | $905,244 | $6,606,589 | $630,992 | $4,695,259 | $769,501 | false | Yes (true) | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | false |
| B | false | false | false | false | false | false | false |
| C | false | false | false | false | false | false | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | false | false | false |
| B | false | false | false | false | false | false | false | false | false |
| C | false | false | false | false | false | false | false | false | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
| C | false |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part IV | Bonds were issed to acquire Mesa from a lease, defeasance of 2012 Series Bonds, refinancing of loans, capital expenditures. |
| Part IV | Par amount of Series 2015 Series Bonds 24,890,000, less original issue discount 225,085 add amounts on deposit Series 2012 1,418,471Gross Proceeds 26,083,386 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (5 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Glenn Way | |||
| Director | $8,649,882 | Facility lease payment | false |
| Glenn Way | |||
| Director | $3,650,000 | Property Purchase | false |
| Glenn Way | |||
| Director | $23,159,188 | Contracted Labor payments | false |
| Glenn Way | |||
| Director | Lease agreement | false | |
| Glenn Way | |||
| Director | Lease agreement | false | |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part IV Line 1 | ON JUNE 9, 2011, APRIL 23, 2012, JANUARY 13, 2015 AND JULY 23, 2016 RESPECTIVELY THE ORGANIZATION ENTERED INTO FACILITY LEASE AGREEMENTS WITH PCI ALA GILBERT LLC, SCHOOLHOUSE QUEEN CREEK LLC, SCHOOLHOUSE VISTA HEIGHTS LLC, AND SCHOOLHOUSE ALA OFFICE LLC FOR USE OF CAMPUS FACILITIES OWNED BY THE LLCS. GLENN WAY IS A MINORITY OWNER OF PCI ALA GILBERT LLC, SCHOOLHOUSE QUEEN CREEK LLC, SCHOOHOUSE VISTA HEIGHTS LLC, AND SCHOOLHOUSE ALA OFFICE LLC. AT THE TIME THAT THESE FACILITY LEASES WERE ENTERED INTO, GLENN WAY WAS A MEMBER OF THE ORGANIZATIONS BOARD OF DIRECTORS. THE BOARD THOROUGHLY EVALUATED THE LEASES, DETERMINING THAT THE LEASES WERE AT FAIR MARKET VALUE. MR. WAY RECUSED HIMSELF DURING BOARD DELIBERATIONS REGARDING THE DECISION TO ENTER INTO THESE LEASES. |
| Part IV Line 2 | THE ORGANIZATION PURCHASED IMPROVED LAND INCUDING PRE-CONSTRUCTION SITE WORKS, DRAWINGS, SITE ENGINEERING, SURVEYS, PERMITS, ETC. TO CONSTRUCT THE NEW SIGNAL BUTTE K-6 FROM PORTFOLIO CHARTER FUND XVII. GLENN WAY IS A MINORITY OWNER OF PORTFOLIO CHARTER FUND XVII. AS PART OF A BANK UNDERWRITING PROCESS, THE ORGANIZATION OBTAINED AN APPRAISAL SHOWING THAT THE TERMS OF THE PURCHASE WERE AT OR BELOW FAIR MARKET VALUE. THE BOARD THOROUGHLY EVALUATED THE TERMS OF THE PURCHASE AND MR. WAY RECUSED HIMSELF DURING BOARD DELIBERATIONS REGARDING THE DECISION TO PURCHASE THIS PROPERTY. |
| Part IV Line 3 | ON AUGUST 1, 2011, THE ORGANIZATION ENTERED INTO A LABOR AGREEMENT TO CONTRACT FOR ALL TEACHERS, ADMINISTRATORS, AND OTHER STAFF FROM ALA MANAGEMENT SERVICES, INC. ALA MANAGEMENT SERVICES, INC. IS A NON-PROFIT CORPORATION THAT PROVIDES STAFFING AND RELATED SERVICES TO CHARTER SCHOOLS. GLENN WAY IS A MEMBER OF ALA MANAGEMENT SERVICES, INCS BOARD OF DIRECTORS. THE TERMS OF THE SERVICE AGREEMENT WERE DETERMINED BY THE ORGANIZATIONS BOARD TO BE REASONABLE AND MORE FAVORABLE TO THE ORGANIZATION THAN OTHER ALTERNATIVES AS ALA MANAGEMENT SERVICES ONLY CHARGES THE ORGANIZATION ACTUAL COSTS WITHOUT ANY MARK-UP, THEREBY PROVIDING A SIGNIFICANT BENEFIT TO THE ORGANIZATION WHEN COMPARED TO OTHER SIMILAR SERVICE PROVIDERS. |
| Part IV Line 4 | ON MARCH 22, 2017 THE ORGANIZATION ENTERED INTO A LEASE AGREEMENT WITH SCHOOLHOUSE GILBERT SOUTH LLC FOR THE GILBERT SHOUTH K-6 CAMPUS WHICH OPENED IN AUGUST 2017. GLENN WAY IS A MINORITY OWNER OF SCHOOLHOUSE GILBERT SOUTH LLC. MR. WAY RECUSED HIMSELF FROM BOARD DELIBERATIONS REGARDING THE DECISION TO ENTER INTO THIS LEASE. THE BOARD THOROUGHLY EVALUATED THE LEASE, DETERMINING THAT THE LEASE IS AT FAIR MARKET VALUE. NO LEASE PAYMENTS WERE MADE DURING FY16-17. |
| Part IV Line 5 | ON DECEMBER 5, 2016 THE ORGANIZATION ENTERED INTO A LEASE AGREEMENT WITH SCHOOLHOUSE HIGLEY LLC FOR THE GILBERT NORTH K-12 CAMPUS WHICH OPENED IN AUGUST 2017. GLENN WAY IS A MINORITY OWNER OF SCHOOLHOUSE HIGLEY LLC. MR. WAY RECUSED HIMSELF FROM BOARD DELIBERATIONS REGARDING THE DECISION TO ENTER INTO THIS LEASE. THE BOARD THOROUGHLY EVALUATED THE LEASE, DETERMINING THAT THE LEASE IS AT FAIR MARKET VALUE. NO LEASE PAYMENTS WERE MADE DURING FY16-17. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990, Part I, Section 1, Line 1 | FormAndLineReferenceDesc |
| Explanation | Nothing to report | ExplanationTxt |