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ACADEMY CHILD DEVELOPMENT CENTER INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
ACADEMY CHILD DEVELOPMENT CENTER INC (EIN 52-1228660)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-07-30
IRS object ID
201832119349301018
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)
Return2018-07-30T14:39:21-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

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 Begin2017-01-01TaxPeriodBeginDt

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 TitlePRESIDENT/DIRECTORPersonTitleTxt
Phone3014246282PhoneNum
Signature2018-07-19SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANTHONY F ALLEN CPAPreparerPersonNm
PTINP00183995PTIN
Phone3013152150PhoneNum
Preparation2018-07-19PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerMARILYN FLEETWOODPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line110109 DARNESTOWN ROADAddressLine1Txt
CityROCKVILLECityNm
State AbbreviationMDStateAbbreviationCd
ZIP20850ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,329,001GrossReceiptsAmt
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 Employee114TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$7,859CYContributionsGrantsAmt
PY Program Service Revenue$4,410,432PYProgramServiceRevenueAmt
CY Program Service Revenue$4,269,317CYProgramServiceRevenueAmt
PY Investment Income$10,915PYInvestmentIncomeAmt
CY Investment Income$51,825CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$4,421,347PYTotalRevenueAmt
CY Total Revenue$4,329,001CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$180,911CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,118,407PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,992,419CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$6,148CYTotalFundraisingExpenseAmt
PY Other Expenses$1,051,774PYOtherExpensesAmt
CY Other Expenses$1,005,876CYOtherExpensesAmt
PY Total Expenses$4,170,181PYTotalExpensesAmt
CY Total Expenses$4,179,206CYTotalExpensesAmt
PY Revenues Less Expenses$251,166PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$149,795CYRevenuesLessExpensesAmt
Total Assets BOY$2,801,575TotalAssetsBOYAmt
Total Assets EOY$3,023,381TotalAssetsEOYAmt
Total Liabilities BOY$1,050,103TotalLiabilitiesBOYAmt
Total Liabilities EOY$840,747TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,751,472NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,182,634NetAssetsOrFundBalancesEOYAmt
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$3,707,659ExpenseAmt
Grant$180,911GrantAmt
Revenue$4,269,317RevenueAmt
DescPROVIDED HIGH QUALITY DAYCARE/EDUCATION SERVICES FOR OVER 500 CHILDREN IN MONTGOMERY COUNTY MARYLAND.Desc
Total Program Service Expenses$3,707,659TotalProgramServiceExpensesAmt
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 Document11IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee114EmployeeCnt
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
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 Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
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
MARILYN FLEETWOOD
PRESIDENT/DIRECTOR20.00Yes (X)Yes (X)$58,809$0$3,104
RICHARD C FLEETWOOD
VICE PRESIDENT/DIRECTOR0.00Yes (X)Yes (X)$0$0$0
LESLEY EVERHART
SECRETARY40.00Yes (X)Yes (X)$72,769$0$17,861
DEBORA SULLIVAN
DIRECTOR40.00Yes (X)$54,145$0$6,094
BRUCE KAHAN
DIRECTOR40.00Yes (X)$64,480$0$0
AILEEN WALSH
DIRECTOR0.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$250,203TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$27,059TotalOtherCompensationAmt
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$7,859AllOtherContributionsAmt
Total Contributions$7,859TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
DAY CARE TUITION611600$4,235,344$4,235,344
MISC900099$33,973$33,973
FieldValueIRS element (for citing)
Total Program Service Revenue$4,269,317TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$50,325TotalRevenueColumnAmt
Exclusion$50,325ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$1,500OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$1,500OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,500TotalRevenueColumnAmt
Exclusion$1,500ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,329,001TotalRevenueColumnAmt
Related Or Exempt Func Income$4,269,317RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$51,825ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$180,911TotalAmt
Program Services$180,911ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$277,262TotalAmt
Program Services$138,631ProgramServicesAmt
Management And General$138,631ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,412,201TotalAmt
Program Services$2,286,787ProgramServicesAmt
Management And General$125,414ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$5,607TotalAmt
Program Services$5,124ProgramServicesAmt
Management And General$483ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$77,481TotalAmt
Program Services$70,803ProgramServicesAmt
Management And General$6,678ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$219,868TotalAmt
Program Services$200,918ProgramServicesAmt
Management And General$18,950ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,500TotalAmt
Management And General$8,500ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$8,725TotalAmt
Management And General$8,725ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$120,819TotalAmt
Program Services$66,252ProgramServicesAmt
Management And General$54,567ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$8,213TotalAmt
Management And General$8,213ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$43,269TotalAmt
Program Services$39,540ProgramServicesAmt
Management And General$3,729ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$21,384TotalAmt
Program Services$19,541ProgramServicesAmt
Management And General$1,843ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$289,836TotalAmt
Program Services$264,855ProgramServicesAmt
Management And General$24,981ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,391TotalAmt
Program Services$3,188ProgramServicesAmt
Management And General$203ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$8,622TotalAmt
Program Services$8,622ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$26,504TotalAmt
Program Services$24,220ProgramServicesAmt
Management And General$2,284ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$53,510TotalAmt
Program Services$48,898ProgramServicesAmt
Management And General$4,612ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$54,521TotalAmt
Program Services$29,438ProgramServicesAmt
Management And General$25,083ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES AND MATERIALS$168,054$165,633$2,421
REPAIRS AND MAINTENANCE$86,272$79,390$6,882
UTILITIES$48,560$44,375$4,185
MISCELLANEOUS EXPENSE$17,989$14,147$3,842

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$37,707TotalAmt
Program Services$16,386ProgramServicesAmt
Management And General$15,173ManagementAndGeneralAmt
Fundraising$6,148FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,179,206TotalAmt
Program Services$3,707,659ProgramServicesAmt
Management And General$465,399ManagementAndGeneralAmt
Fundraising$6,148FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$343,240BOYAmt
EOY$445,778EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$59,490BOYAmt
EOY$101,090EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$59,513BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$27,036BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,094,711LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,009,973LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,161,777BOYAmt
EOY$1,084,738EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,135,519BOYAmt
EOY$1,373,775EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$15,000BOYAmt
EOY$18,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,801,575BOYAmt
EOY$3,023,381EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$85,379BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$104,107BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$749,834BOYAmt
EOY$713,966EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$110,783BOYAmt
EOY$126,781EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,050,103BOYAmt
EOY$840,747EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,751,472BOYAmt
EOY$2,182,634EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,751,472BOYAmt
EOY$2,182,634EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,801,575BOYAmt
EOY$3,023,381EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$149,795ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$157,257NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$124,110PriorPeriodAdjustmentsAmt
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$1,526,182OtherCostOrOtherBasisAmt
Depreciation$460,144DepreciationAmt
Book Value$1,066,038BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$568,529OtherCostOrOtherBasisAmt
Depreciation$549,829DepreciationAmt
Book Value$18,700BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,084,738TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEPOSITS$114,455
CREDIT CARD PAYABLE$10,736
PAYROLL LIABILITIES$1,590
FieldValueIRS element (for citing)
Total Liability$126,781TotalLiabilityAmt

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, PART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE 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.ExplanationTxt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
TUITION SCHOLARSHIPS FOR STUDENTS50$162,536
TEXTBOOK SCHOLARSHIPS50$18,375

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 L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonMARILYN AND RICHARD FLEETWOODPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionDIRECTORS/LANDLORDSRelationshipDescriptionTxt
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 AND RICHARD FLEETWOOD( D ) DESCRIPTION OF TRANSACTION: RENTTHE ORGANIZATION LEASES THE FOLLOWING PROPERTY FROM DIRECTORS MARILYN AND RICHARD FLEETWOOD AS FOLLOWS: 10109 DARNESTOWN ROAD, ROCKVILLE, MD 2017 RENT PAIDExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2DIRECTORS MARILYN AND RICHARD FLEETWOOD ARE MARRIED.
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 C, LINE 19BY APPOINTMENT AT OFFICES LOCATED AT 11109 DARNESTOWN ROAD, ROCKVILLE, MD.

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