ACADEMY AT CHARLEMONT: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: ACADEMY AT CHARLEMONT (EIN 04-2724993)
Tax period: 2013-07-01 to 2014-06-30
Filed: 2015-02-12
IRS object ID: 201530439349300743
Schema version: 2013v4.0
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule G
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-02-12T09:59:55-06:00	ReturnTs
Tax Period End	2014-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	134260189	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BOISSELLE MORTON & ASSOCIATES LLP	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	48 BAY ROAD PO BOX 374	AddressLine1
City	HADLEY	City
State	MA	State
ZIP Code	01035	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	042724993	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE ACADEMY AT CHARLEMONT INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	ACAD	BusinessNameControlTxt
Phone	4133394912	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	ROUTE 2 MOHAWK TRAIL	AddressLine1
City	CHARLEMONT	City
State	MA	State
ZIP Code	01339	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BRUCE LESSELS	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	4133394912	PhoneNum
Signature	2015-01-28	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOSEPH P WOLKOWICZ CPA	PreparerPersonNm
PTIN	P00734754	PTIN
Phone	4135870099	PhoneNum

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	BRIAN BLOOMFIELD	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	ROUTE 2 MOWHAWK TRAIL	AddressLine1
City	CHARLEMONT	City
State	MA	State
ZIP Code	01339	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$3,940,660	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	CHARLEMONT.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1981	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	INDEPENDENT SECONDARY COLLEGE PREPARATORY SCHOOL.	ActivityOrMissionDesc
Voting Members Governing Body	17	VotingMembersGoverningBodyCnt
Voting Members Independent	15	VotingMembersIndependentCnt
Total Employee	53	TotalEmployeeCnt
Total Volunteers	65	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$255,346	PYContributionsGrantsAmt
CY Contributions Grants	$1,503,087	CYContributionsGrantsAmt
PY Program Service Revenue	$2,437,464	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,385,865	CYProgramServiceRevenueAmt
PY Investment Income	$13,379	PYInvestmentIncomeAmt
CY Investment Income	$27,215	CYInvestmentIncomeAmt
PY Other Revenue	$13,982	PYOtherRevenueAmt
CY Other Revenue	$18,188	CYOtherRevenueAmt
PY Total Revenue	$2,720,171	PYTotalRevenueAmt
CY Total Revenue	$3,934,355	CYTotalRevenueAmt
PY Grants And Similar Paid	$983,434	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$871,824	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,258,224	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,310,054	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$99,181	CYTotalFundraisingExpenseAmt
PY Other Expenses	$573,394	PYOtherExpensesAmt
CY Other Expenses	$621,473	CYOtherExpensesAmt
PY Total Expenses	$2,815,052	PYTotalExpensesAmt
CY Total Expenses	$2,803,351	CYTotalExpensesAmt
PY Revenues Less Expenses	-$94,881	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,131,004	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,913,522	TotalAssetsBOYAmt
Total Assets EOY	$3,625,515	TotalAssetsEOYAmt
Total Liabilities BOY	$1,536,528	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,114,646	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,376,994	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,510,869	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE ACADEMY AT CHARLEMONT MAKES A CLASSICAL, ACADEMIC EDUCATION AVAILABLE TO CHILDREN FROM THE TOWNS OF WESTERN MASSACHUSETTS. THE ACADEMY SEEKS TO GRADUATE YOUNG MEN AND WOMEN PREPARED TO BE SUCCESSFUL AS COLLEGE STUDENTS AND AS CITIZENS. WE EMPHASIZE CLEAR, ORIGINAL THINKING THAT IS EXPRESSED WITH PRECISION, CLARITY, AND GRACE, WE STRIVE TO SHOW THE CONNECTION AMONG PEOPLES, PLACES, AND AREAS OF INQUIRY THROUGH INTER-DISCIPLINARY LEARNING. THE ACADEMY COMMUNITY IS FOUNDED ON THE VALUES OF SELF-RELIANCE, INDUSTRY, INTEGRITY, AND COMPASSION; THOSE VALUES ARE REFLECTED CLEARLY IN THE HONOR CODE AND ARE NURTURED THROUGH OUR SYSTEM OF SELF-GOVERNMENT.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$2,265,679	ExpenseAmt
Grant	$871,824	GrantAmt
Revenue	$2,385,865	RevenueAmt
Desc	PROVIDED CO-EDUCATIONAL, COLLEGE-PREPARATORY DAY SCHOOL EDUCATION FOR 96 STUDENTS IN GRADES SEVEN THROUGH POST-GRAD.	Desc
Total Program Service Expenses	$2,265,679	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	Yes (1)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	7	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	53	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	17	GoverningBodyVotingMembersCnt
Independent Voting Member	15	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (1)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BRIAN BLOOMFIELD	BusinessNameLine1

Field	Value	IRS element (for citing)
Phone	4133394912	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	ROUTE 2	AddressLine1
City	CHARLEMONT	City
State	MA	State
ZIP Code	01339	ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
DAVID CHALFANT
FACULTY TRUSTEE	40.00	Yes (X)	$35,403	$0	$0
SEAN DACUS
TRUSTEE	2.00	Yes (X)	$0	$0	$0
LINDA ENGHAGEN
TRUSTEE	2.00	Yes (X)	$0	$0	$0
DENNY FULLER
TRUSTEE	2.00	Yes (X)	$0	$0	$0
NANCY HENDERSON
TRUSTEE	40.00	Yes (X)	$49,342	$0	$0
KAREN PARMETT
TRUSTEE	2.00	Yes (X)	$0	$0	$0
BO PEABODY
TRUSTEE	2.00	Yes (X)	$0	$0	$0
TANYA RAPINCHUK
TRUSTEE	2.00	Yes (X)	$0	$0	$0
CORNELIA REID
TRUSTEE	2.00	Yes (X)	$0	$0	$0
WES ROSNER
TRUSTEE	2.00	Yes (X)	$0	$0	$0
JAKA SAARONY
TRUSTEE	2.00	Yes (X)	$0	$0	$0
OLIVER STEBICH
TRUSTEE	2.00	Yes (X)	$0	$0	$0
PETER STEVENS
TRUSTEE	2.00	Yes (X)	$0	$0	$0
BEN THOMPSON
TRUSTEE	2.00	Yes (X)	$0	$0	$0
DAVID EPSTEIN
PRESIDENT	3.00	Yes (X)	$0	$0	$0	Yes (X)
BRUCE LESSELS
TREASURER	2.00	Yes (X)	$0	$0	$4,328	Yes (X)
ELIZABETH SLOWINSKI
CLERK	1.00	Yes (X)	$0	$0	$0	Yes (X)
MARK EFINGER
HEADMASTER "PAST"	40.00		$82,682	$0	$0	Yes (X)
ELINOR TODD
INTERIM HEADMASTER	40.00		$33,906	$0	$0	Yes (X)
JOHN BALDWIN
BUSINESS MANAGER	40.00		$63,162	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$264,495	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$4,328	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$1,503,087	AllOtherContributionsAmt
Total Contributions	$1,503,087	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION	900099	$2,199,562	$2,199,562
STUDENT FEES/SERVICES	900099	$186,303	$186,303

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,385,865	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$27,215	TotalRevenueColumnAmt
Exclusion	$27,215	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$22,974	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$2,399	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$20,575	TotalRevenueColumnAmt
Exclusion	$20,575	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$1,519	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$3,906	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$2,387	TotalRevenueColumnAmt
Exclusion	-$2,387	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,934,355	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,385,865	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$45,403	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$871,824	TotalAmt
Program Services	$871,824	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$282,919	TotalAmt
Program Services	$95,904	ProgramServicesAmt
Management And General	$178,567	ManagementAndGeneralAmt
Fundraising	$8,448	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$841,571	TotalAmt
Program Services	$719,083	ProgramServicesAmt
Management And General	$47,555	ManagementAndGeneralAmt
Fundraising	$74,933	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$93,721	TotalAmt
Program Services	$77,117	ProgramServicesAmt
Management And General	$15,337	ManagementAndGeneralAmt
Fundraising	$1,267	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$91,843	TotalAmt
Program Services	$72,021	ProgramServicesAmt
Management And General	$13,540	ManagementAndGeneralAmt
Fundraising	$6,282	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$741	TotalAmt
Management And General	$741	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$6,919	TotalAmt
Management And General	$6,919	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$42,334	TotalAmt
Management And General	$42,334	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$29,131	TotalAmt
Program Services	$29,131	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$65,253	TotalAmt
Program Services	$65,253	ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$1,488	TotalAmt
Program Services	$1,265	ProgramServicesAmt
Management And General	$223	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$33,760	TotalAmt
Program Services	$33,681	ProgramServicesAmt
Management And General	$79	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$103,189	TotalAmt
Program Services	$103,189	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$21,362	TotalAmt
Management And General	$21,362	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
TRANSPORTATION	$77,668	$77,668
BAD DEBT EXPENSE	$46,381		$46,381
STUDENT ACTIVITIES	$40,577	$40,577
ACADEMIC DEPARTMENT	$33,724	$33,724

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$118,946	TotalAmt
Program Services	$45,242	ProgramServicesAmt
Management And General	$65,453	ManagementAndGeneralAmt
Fundraising	$8,251	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,803,351	TotalAmt
Program Services	$2,265,679	ProgramServicesAmt
Management And General	$438,491	ManagementAndGeneralAmt
Fundraising	$99,181	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$100,596	BOYAmt
EOY	$83,889	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$7,949	BOYAmt
EOY	$151,824	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$260,898	BOYAmt
EOY	$242,669	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$24,634	BOYAmt
EOY	$59,674	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$7,125	BOYAmt
EOY	$5,947	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$18,787	BOYAmt
EOY	$13,439	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$2,921,171	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,025,937	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$2,172,559	BOYAmt
EOY	$1,895,234	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$199,064	BOYAmt
EOY	$1,172,839	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$121,910	BOYAmt
EOY	$0	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,913,522	BOYAmt
EOY	$3,625,515	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$161,972	BOYAmt
EOY	$209,424	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$1,118,355	BOYAmt
EOY	$817,232	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$256,201	BOYAmt
EOY	$87,990	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,536,528	BOYAmt
EOY	$1,114,646	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$814,033	BOYAmt
EOY	$1,894,850	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$10,737	BOYAmt
EOY	$77,871	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$552,224	BOYAmt
EOY	$538,148	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,376,994	BOYAmt
EOY	$2,510,869	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,913,522	BOYAmt
EOY	$3,625,515	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$1,131,004	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$30,371	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$27,500	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	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 (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$552,224	BeginningYearBalanceAmt
Contributions	$21,490	ContributionsAmt
Investment Earnings Or Losses	-$35,566	InvestmentEarningsOrLossesAmt
End Year Balance	$538,148	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$542,943	BeginningYearBalanceAmt
Investment Earnings Or Losses	-$3,019	InvestmentEarningsOrLossesAmt
Other Expenditures	$12,300	OtherExpendituresAmt
End Year Balance	$552,224	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$566,706	BeginningYearBalanceAmt
Contributions	$1,950	ContributionsAmt
Investment Earnings Or Losses	$2,037	InvestmentEarningsOrLossesAmt
Other Expenditures	$27,750	OtherExpendituresAmt
End Year Balance	$542,943	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$558,640	BeginningYearBalanceAmt
Contributions	$4,300	ContributionsAmt
Investment Earnings Or Losses	$3,766	InvestmentEarningsOrLossesAmt
End Year Balance	$566,706	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$535,281	BeginningYearBalanceAmt
Contributions	$19,354	ContributionsAmt
Investment Earnings Or Losses	$4,005	InvestmentEarningsOrLossesAmt
End Year Balance	$558,640	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Prmnnt Endowment Balance EOY	1.00000	PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$602,044	OtherCostOrOtherBasisAmt
Book Value	$602,044	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,613,500	OtherCostOrOtherBasisAmt
Depreciation	$680,321	DepreciationAmt
Book Value	$933,179	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$449,359	OtherCostOrOtherBasisAmt
Depreciation	$104,302	DepreciationAmt
Book Value	$345,057	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$100,968	OtherCostOrOtherBasisAmt
Depreciation	$88,114	DepreciationAmt
Book Value	$12,854	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$155,300	OtherCostOrOtherBasisAmt
Depreciation	$153,200	DepreciationAmt
Book Value	$2,100	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,895,234	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
PREPAID TUITION AND FEES	$78,494
DUE TO OTHERS	$9,496

Field	Value	IRS element (for citing)
Total Liability	$87,990	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$3,099,207	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$30,371	NetUnrealizedGainsInvstAmt
Other Revenue	-$871,824	OtherRevenueAmt
Revenue Not Reported	-$841,453	RevenueNotReportedAmt
Revenue Subtotal	$3,940,660	RevenueSubtotalAmt
Other Revenues Not Included	-$6,305	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$6,305	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$3,934,355	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,965,332	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$33,805	OtherExpensesIncludedAmt
Expenses Not Reported	$33,805	ExpensesNotReportedAmt
Expenses Subtotal	$1,931,527	ExpensesSubtotalAmt
Other Expenses Not Included	$871,824	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$871,824	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$2,803,351	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	PROFESSIONAL ACCOUNTING STANDARDS PROVIDE DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, CLASSIFICATION AND DISCLOSURE OF UNCERTAIN TAX POSITIONS. THEY REQUIRE AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. A TAX POSITION IS DEEMED TO INCLUDE SUCH THINGS AS THE ORGANIZATION'S TAX EXEMPT STATUS. MANAGEMENT HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS AND, THEREFORE, NO LIABILITY HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. THE ACADEMY'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY THE INTERNAL REVENUE SERVICE. THE ACADEMY'S OPEN AUDIT PERIODS ARE 2011-2013.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	SCHOLARSHIPS -871,824.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	TEXTBOOK AND CLOTHING COST OF SALES -3,906. AUCTION EXPENSES -2,399.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	TEXTBOOKS AND CLOTHING COST OF SALES 3,906. AUCTION EXPENSES 2,399. LOSS ON DISPOSAL OF EQUIPMENT 27,500.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	SCHOLARSHIPS 871,824.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	0	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE E, PART I, LINE 3	FormAndLineReferenceDesc
Explanation	OUR RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN ALL OUR ADVERTISEMENTS AND PROMOTIONAL MATERIALS.	ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Name Of Event1	AUCTION	NameOfEvent1Amt
Gross Receipts Event1	$22,974	GrossReceiptsEvent1Amt
Gross Revenue Event1	$22,974	GrossRevenueEvent1Amt
Other Direct Expenses Event1	$2,399	OtherDirectExpensesEvent1Amt
Gross Receipts Total	$22,974	GrossReceiptsTotalAmt
Gross Revenue Total Events	$22,974	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$2,399	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$2,399	DirectExpenseSummaryEventsAmt
Net Income Summary	$20,575	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	NEED-BASED FINANCIAL AID TO OVER HALF OF OUR STUDENTS.	GrantTypeTxt
Recipient	71	RecipientCnt
Cash Grant	$871,824	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION PROVIDES NEED-BASED FINANCIAL AID GRANTS TO STUDENTS. THE ORGANIZATION REQUIRES APPLICATIONS FOR FINANCIAL AID. THE APPLICATIONS ARE REVIEWED, APPROVED, AND MAINTAINED BY THE ORGANIZATION.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4	THE ORGANIZATION AMENDED THEIR BYLAWS DURING THE YEAR.
FORM 990, PART VI, SECTION B, LINE 11	THE BOARD AUTHORIZED THE HEAD OF SCHOOL TO REVIEW AND APPROVE THE FORM 990.
FORM 990, PART VI, SECTION B, LINE 12C	MEMBERS OF THE BOARD OF TRUSTEES SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. THE BUSINESS MANAGER AND HEADMASTER MONITOR COMPLIANCE WITH THE POLICY.
FORM 990, PART VI, SECTION B, LINE 15A	THE HEADMASTER'S (CEO'S) COMPENSATION IS DETERMINED ANNUALLY BY THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES, AS PER THE LETTER OF AGREEMENT BOTH PARTIES HAVE SIGNED. COMPARABILITY DATA ARE USED IN SETTING COMPENSATION FOR THE HEADMASTER.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:	LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -27,500.
FORM 990, PART XII, LINE 2C	THE ORGANIZATION'S FINANCIAL STATEMENT OVERSIGHT PROCESS AND SELECTION OF THE INDEPENDENT ACCOUNTANT PROCESS HAVE NOT CHANGED DURING THE YEAR.