2015-05-15T15:24:22-05:00 2014-06-30 860494040 FESTER & CHAPMAN PC 4001 N 3RD ST STE 275 PHOENIX AZ 850122086 990 2013-07-01 050527441 VERITAS PREPARATORY ACADEMY VERI 4808999181 3102 N 56TH ST ROOM/SUITE 200 PHOENIX AZ 85018 WARD HUSETH CFO 4808999181 2015-05-08 true RACHEL R LOCKE CPA P00450405 6022643077 2015-05-15 2013 2016-02-25 16:41:14Z X WARD HUSETH CFO 3102 N 56TH ST SUITE 300 PHOENIX AZ 85018 5945473 false X WWW.VERITASPREPACADEMY.ORG X 2002 AZ TO ENABLE STUDENTS IN GRADES SIX THROUGH TWELVE TO ACQUIRE CRITICAL REASONING AND COMMUNICATION SKILLS AND TO EXPLORE THE CULTURAL AND SCIENTIFIC ACHIEVEMENTS THAT ARE AT THE HEART OF THE LIBERAL ARTS CURRICULUM AND TO PROVIDE AN ENVIRONMENT THAT ALLOWS EVERY STUDENT WHO IS CURIOUS AND DILIGENT THE OPPORTUNITY TO ACHEIVE ACADEMICALLY. 8 4 0 25 0 655880 722110 4340547 4886821 0 55382 336542 5051809 5945473 0 0 3186398 3344594 0 55406 1954852 2265569 5141250 5610163 -89441 335310 683277 986215 531866 499494 151411 486721 X TO ENABLE STUDENTS IN GRADES SIX THROUGH TWELVE TO ACQUIRE CRITICAL REASONING AND COMMUNICATION SKILLS AND TO EXPLORE THE CULTURAL AND SCIENTIFIC ACHIEVEMENTS THAT ARE AT THE HEART OF THE LIBERAL ARTS CURRICULUM AND TO PROVIDE AN ENVIRONMENT THAT ALLOWS EVERY STUDENT WHO IS CURIOUS AND DILIGENT THE OPPORTUNITY TO ACHEIVE ACADEMICALLY. false false 3975424 TO ENABLE STUDENTS IN GRADES SIX THROUGH TWELVE TO ACQUIRE CRITICAL REASONING AND COMMUNICATION SKILLS AND TO EXPLORE THE CULTURAL AND SCIENTIFIC ACHIEVEMENTS THAT ARE AT THE HEART OF THE LIBERAL ARTS CURRICULUM AND TO PROVIDE AN ENVIRONMENT THAT ALLOWS EVERY STUDENT WHO IS CURIOUS AND DILIGENT THE OPPORTUNITY TO ACHEIVE ACADEMICALLY. 3975424 true true false false false false false false false false true false false false true true true true true false false false false false false false false false false false false false false false false false false false false false false false false true false false false true X 21 0 0 false false false false false false false false false false false false X 8 4 false false false false false true true true true false false true true true true true true true true false AZ X GREAT HEARTS ACADEMIES 6022631128 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 SHANNON CLANCY DIRECTOR 1.00 1.00 X 0 0 0 ROBERT MULHERN DIRECTOR 1.00 0.00 X 0 0 0 JAY HEILER DIRECTOR 1.00 1.00 X 0 0 0 DAN SCOGGIN DIRECTOR 1.00 1.00 X 0 0 0 DAN SULLIVAN DIRECTOR 1.00 1.00 X 0 0 0 AMY HALL DIRECTOR 1.00 0.00 X 0 0 0 HELEN HAYES DIRECTOR 1.00 1.00 X 0 0 0 SAMIR SAWHNEY DIRECTOR 1.00 0.00 X 0 0 0 MINSON DOUGLAS HEADMASTER 40.00 0.00 X 0 62615 3341 62615 3341 false false false 51785 670325 722110 STATE EQUALIZATION 611710 4411900 4411900 CLASSROOM SITE FUNDS 611710 285195 285195 CO-CURRICULAR ACTIVITIES 611710 189726 189726 4886821 OTHER 611710 336542 336542 336542 5945473 5223363 65956 65956 2698723 2258866 439857 16364 13353 3011 343643 301049 42594 219908 178813 41095 375768 375768 7432 7432 10900 8814 2086 59388 52867 6521 22413 15093 7320 16992 393 16599 704564 569744 134820 16870 13642 3228 15520 12550 2970 OTHER 555466 253726 301740 REPAIRS AND MAINTENANCE 167288 71506 95782 SUPPLIES 153817 123262 30555 CO-CURRICULAR ACTIVITIES 103745 101746 1999 55406 55406 5610163 3975424 1579333 55406 545737 841672 12500 28795 13434 50073 47775 100748 29914 58672 70834 683277 986215 273209 247762 59141 57113 199516 194619 531866 499494 X 151411 461721 25000 151411 486721 683277 986215 335310 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34892 7813 27079 65856 22101 43755 70834 DEPOSITS HELD FOR OTHERS 152322 DUE TO RELATED PARTY 42297 194619 X 5945473 5945473 5945473 5610163 5610163 5610163 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE PROVISIONS. THE ORGANIZATION'S FORMS 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX ARE GENERALLY SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THEY ARE FILED, AND THE RELATED STATE OF ARIZONA FORMS 99 WILL GENERALLY BE SUBJECT TO EXAMINATION FOR FOUR YEARS FROM THE LATER OF THE DUE DATE OR THE FILE DATE OF THE TAX RETURN. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE GREAT HEARTS ACADEMIES ARE NOT-FOR-PROFIT, NON-SECTARIAN, PUBLIC CHARTER SCHOOLS, AND DO NOT DISCRIMINATE IN ANY OF ITS PRACTICES ON THE BASIS OF GENDER, RACE, RELIGION, NATIONAL ORIGIN OR DISABILITY. SCHEDULE E, LINE 6 THE SCHOOL RECEIVES MONTHLY AID PAYMENTS FROM THE STATE OF ARIZONA BASED ON THE NUMBER OF STUDENTS ENROLLED AND ATTENDING THE SCHOOL. THESE FUNDS ARE USED IN ACCORDANCE WITH THE REQUIREMENTS SET FORTH BY THE STATE OF ARIZONA. IN ADDITION, GOVERNMENT GRANTS ARE ALSO RECEIVED BY THE SCHOOL. FORM 990 - ORGANIZATION'S MISSION TO ENABLE STUDENTS IN GRADES SIX THROUGH TWELVE TO ACQUIRE CRITICAL REASONING AND COMMUNICATION SKILLS AND TO EXPLORE THE CULTURAL AND SCIENTIFIC ACHIEVEMENTS THAT ARE AT THE HEART OF THE LIBERAL ARTS CURRICULUM AND TO PROVIDE AN ENVIRONMENT THAT ALLOWS EVERY STUDENT WHO IS CURIOUS AND DILIGENT THE OPPORTUNITY TO ACHEIVE ACADEMICALLY. FORM 990, PAGE 1, PART I, LINE 6 THE VOLUNTEERS HELP IN CLASSROOMS AND SUPPORT TEACHERS AND STUDENTS. FORM 990, PART V LINE 2A: ALL PAYROLL, PAYROLL TAXES AND BENEFIT PLANS ARE CENTRALIZED THROUGH ITS TAX-EXEMPT SOLE MEMBER, GREAT HEARTS ACADEMIES (EIN 20-2036133), WHICH ACTS AS THE COMMON PAYMASTER FOR ALL OF ITS SUBSIDIARY SCHOOLS. THEREFORE, GREAT HEARTS ACADEMIES FILES PAYROLL TAX RETURNS UNDER THEIR EMPLOYER TAX IDENTIFICATION NUMBER REPORTING ALL PAYROLL ACTIVITY ON BEHALF OF THE SCHOOL. PAYROLL RELATED EXPENSES REPORTED ON THIS RETURN REPRESENTS AN ALLOCATION OF SALARIES AND WAGES PAID BY THE ENTITY. FORM 990, PART VI CERTAIN FUNCTIOINS OF MULTIPLE SCHOOLS IN THE GREAT HEARTS NETWORK ARE ALSO PROVIDED TO THE SCHOOL BY GREAT HEARTS ACADEMIES, THE SCHOOL'S TAX EXEMPT SOLE MEMBER. FORM 990, PAGE 6, PART VI, LINE 7A THE SCHOOL'S TAX-EXEMPT SOLE MEMBER APPOINTS THE SCHOOL'S DIRECTORS, FILLS VACANCIES ON THE BOARD, AND MAY REMOVE DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B THE SCHOOL'S TAX-EXEMPT SOLE MEMBER RETAINS APPROVAL RIGHTS OVER KEY DECISIONS SUCH AS CHANGES TO THE SCHOOL'S BYLAWS, ARTICLES OF INCORPORATION, EDUCATIONAL PHILOSOPHY, AND SIGNIFICANT FINANCIAL EXPENDITURES (IN EXCESS OF 50,000). FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS PREPARED BY AN EXTERNAL CPA FIRM AND ARE REVIEWED INTERNALLY BY THE CFO. AFTER COMPLETING THE CFO REVIEW, THE RETURN IS FINALIZED AND THEN REVIEWED BY THE GREAT HEARTS AUDIT COMMITTEE PRIOR TO BEING SIGNED BY THE CFO. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REQUIRES ALL BOARD MEMBERS AND EMPLOYEES TO SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 15A SUBJECT TO THE SCHOOL'S CONFLICT OF INTEREST POLICY, THE SCHOOL'S TAX- EXEMPT SOLE MEMBER AND THE SCHOOL'S BOARD APPROVE THE COMPENSATION OF KEY STAFF SUCH AS HEADMASTER AND ASSISTANT HEADMASTER. FORM 990, PAGE 6, PART VI, LINE 15B EMPLOYEES AND FACULTY ARE DETERMINED BASED ON AN ORGANIZATION WIDE SALARY RANGE TABLE WHICH FACTORS IN EDUCATION AND EXPERIENCE. FORM 990, PAGE 6, PART VI, LINE 19 ALL BOARD MEETINGS ARE POSTED IN ADVANCE IN ACCORDANCE WITH ARIZONA OPEN MEETING LAWS. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE BOTH AT THE MEETING OR FOLLOWING THE MEETING AND UPON REQUEST. CHANDLER PREPARATORY ACADEMY 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 202075176 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true GLENDALE PREPARTORY ACADEMY 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 208760987 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true GREAT HEARTS ACADEMIES 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 202036133 EDUCATION AZ 3 7 N/A false ARETE PREPARATORY ACADEMY 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 205332933 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true SCOTTSDALE PREPARATORY ACADEMY 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 208778703 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true TELEOS PREPARATORY ACADEMY 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 262700807 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true ANTHEM PREPARATORY ACADEMY 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 270375682 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true ARCHWAY CLASSICAL ACADEMY CHANDLER 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 273723907 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true ARCHWAY CLASSICAL ACADEMY SCOTTSDAL 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 273364842 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true ARCHWAY CLASSICAL ACADEMY TRIVIUM 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 273364743 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true ARCHWAY CLASSICAL ACADEMY VERITAS 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 273364820 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true TRIVIUM PREPARATORY ACADEMY 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 273289295 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true ARCHWAY CLASSICAL ACADEMY NORTH PHOENIX 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 273364871 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true NORTH PHOENIX PREPARATORY ACADEMY 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 273322474 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true MARYVALE PREPARATORY ACADEMY 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 273289377 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true ARCHWAY CLASSICAL ACADEMY GLENDALE 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 461014697 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true ARCHWAY CLASSICAL ACADEMY ARETE 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 464061128 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true ARCHWAY CLASSICAL ACADEMY CICERO 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 464065855 EDUCATION AZ 3 2 GREAT HEARTS ACADMIES true CICERO PREPARATORY ACADEMY 3102 N 56TH STREET SUITE 300 PHOENIX AZ 85018 464096974 EDUCATION AZ 3 2 GREAT HEARTS ACADEMIES true false false false false false false false false false false true false false false true true false false false GREAT HEARTS ACADEMIES O 3375855 FMV GREAT HEARTS ACADEMIES P 375768 FMV GREAT HEARTS ACADEMIES K 704564 FMV GREAT HEARTS ACADEMIES P 38440 FMV ARCHWAY CLASSICAL ACADEMY VERITAS P 3857 FMV