THE FRANKLIN ACADEMY: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: THE FRANKLIN ACADEMY (EIN 91-1434401)
Tax period: 2013-08-01 to 2014-07-31
Filed: 2014-12-23
IRS object ID: 201403579349300920
Schema version: 2013v3.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule G
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2014-12-23T02:06:35-00:00	ReturnTs
Tax Period End	2014-07-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	THOMSON AND COMPANY PLLC	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 28190	AddressLine1
City	BELLINGHAM	City
State	WA	State
ZIP Code	98228	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-08-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	911434401	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ST PAULS EPISCOPAL SCHOOL DBA ST PAUL'S ACADEMY	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	STPA	BusinessNameControlTxt
Phone	3607331750	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1509 E VICTOR ST	AddressLine1
City	BELLINGHAM	City
State	WA	State
ZIP Code	98225	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ALAN REDSTONE	PersonNm
Person Title	TREASURER	PersonTitleTxt
Signature	2014-12-23	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	SUSAN THOMSON-SINES	PreparerPersonNm
Phone	3607343939	PhoneNum
Preparation	2014-12-23	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	ST PAUL'S ACADEMY	BusinessNameLine1

Field	Value	IRS element (for citing)
Principal Officer	ROBIN FOOTE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1509 E VICTOR ST	AddressLine1
City	BELLINGHAM	City
State	WA	State
ZIP Code	98225	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$3,748,597	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.sp-academy.org	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2001	FormationYr
Legal Domicile State	WA	LegalDomicileStateCd
Activity Or Mission	PROVIDE ACADEMICALLY CAPABLE AND WILLING STUDENTS A RIGOROUS COURSE OF INSTRUCTION, EMPHASIZING LEADERSHIP, ACHIEVEMENT AND MORAL AND SPIRITUAL DEVELOPMENT EMBODIED IN CHRISTIAN VALUES.	ActivityOrMissionDesc
Voting Members Governing Body	14	VotingMembersGoverningBodyCnt
Voting Members Independent	14	VotingMembersIndependentCnt
Total Employee	48	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$1,007,016	PYContributionsGrantsAmt
CY Contributions Grants	$1,305,867	CYContributionsGrantsAmt
PY Program Service Revenue	$2,110,993	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,048,480	CYProgramServiceRevenueAmt
PY Investment Income	$907	PYInvestmentIncomeAmt
CY Investment Income	$1,000	CYInvestmentIncomeAmt
PY Other Revenue	$488,230	PYOtherRevenueAmt
CY Other Revenue	$235,566	CYOtherRevenueAmt
PY Total Revenue	$3,607,146	PYTotalRevenueAmt
CY Total Revenue	$3,590,913	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$2,033,479	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$2,023,450	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$27,601	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,127,804	PYOtherExpensesAmt
CY Other Expenses	$1,030,453	CYOtherExpensesAmt
PY Total Expenses	$3,161,283	PYTotalExpensesAmt
CY Total Expenses	$3,053,903	CYTotalExpensesAmt
PY Revenues Less Expenses	$445,863	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$537,010	CYRevenuesLessExpensesAmt
Total Assets BOY	$15,955,553	TotalAssetsBOYAmt
Total Assets EOY	$15,298,123	TotalAssetsEOYAmt
Total Liabilities BOY	$7,792,645	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$6,825,571	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$8,162,908	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$8,472,552	NetAssetsOrFundBalancesEOYAmt
Mission	PROVIDE ACADEMICALLY CAPABLE AND WILLING STUDENTS A RIGOROUS COURSE OF INSTRUCTION, EMPHASIZING LEADERSHIP, ACHIEVEMENT AND MORAL AND SPIRITUAL DEVELOPMENT EMBODIED IN CHRISTIAN VALUES.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$2,333,128	ExpenseAmt
Desc	PROVIDE EDUCATION OPPORTUNITIES AND PRE AND POST SCHOOL PROGRAMS TO STUDENTS FROM AGES 2-1/2 AND UP IN PRESCHOOL AND KINDERGARTEN THROUGH 12TH GRADE IN SCHOOL	Desc
Total Program Service Expenses	$2,333,128	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	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	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	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	Yes (true)	ProfessionalFundraisingInd
Fundraising Activities	Yes (true)	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	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	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	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	12	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	48	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	Yes (true)	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (true)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (true)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	14	GoverningBodyVotingMembersCnt
Independent Voting Member	14	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	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	false	LocalChaptersInd
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	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	WA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	ST PAUL'S ACADEMY BUSINESS MANAGER	PersonNm
Phone	3607331750	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1509 E VICTOR ST	AddressLine1
City	BELLINGHAM	City
State	WA	State
ZIP Code	98225	ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
ROBIN FOOTE
PRESIDENT	001.00	Yes (X)	Yes (X)	$0	$0	$0
SARAH BRAND
1ST VICE PRESIDENT	001.00	Yes (X)	Yes (X)	$0	$0	$0
BRYAN LANE
2ND VICE PRESIDENT	001.00	Yes (X)	Yes (X)	$0	$0	$0
ALLAN REDSTONE
TREASURER	002.00	Yes (X)	Yes (X)	$0	$0	$0
DENNIS MURPHY
SECRETARY	001.00	Yes (X)	Yes (X)	$0	$0	$0
RT REV KEVIN ALLEN
DIRECTOR	001.00	Yes (X)		$0	$0	$0
YANOLLA BOULOS
DIRECTOR	001.00	Yes (X)		$0	$0	$0
JOHN FERLIN
DIRECTOR	001.00	Yes (X)		$0	$0	$0
NICK KAISER
DIRECTOR	001.00	Yes (X)		$0	$0	$0
JEFF KAHN
DIRECTOR	001.00	Yes (X)		$0	$0	$0
DAVID ROBERTSON
DIRECTOR	001.00	Yes (X)		$0	$0	$0
SCOTT WHITMAN
DIRECTOR	001.00	Yes (X)		$0	$0	$0
PAUL SHMOTOLOKHA
DIRECTOR	001.00	Yes (X)		$0	$0	$0
JAMIE ESTILL
HEAD OF SCHOOL	040.00			$66,578	$0	$0	Yes (X)
LILY DRISKILL
FORMER HEAD OF SCHOOL				$125,000	$0	$0		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$191,578	TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Fundraising	$235,566	FundraisingAmt
All Other Contributions	$1,070,301	AllOtherContributionsAmt
Total Contributions	$1,305,867	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	Total Revenue ColumnTotalRevenueColumnAmt
ENROLLMENT FEES	$1,907,206
SCHOOL PROGRAM FEES	$53,294
OTHER FEES	$60,530
FACILITY RENTAL FEES	$27,450

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,048,480	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,000	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$393,250	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$157,684	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$235,566	TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,590,913	TotalRevenueColumnAmt

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	$191,578	TotalAmt
Management And General	$191,578	ManagementAndGeneralAmt

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	$1,539,950	TotalAmt
Program Services	$1,293,881	ProgramServicesAmt
Management And General	$238,174	ManagementAndGeneralAmt
Fundraising	$7,895	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$140,395	TotalAmt
Program Services	$115,881	ProgramServicesAmt
Management And General	$24,514	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$151,527	TotalAmt
Program Services	$113,228	ProgramServicesAmt
Management And General	$37,608	ManagementAndGeneralAmt
Fundraising	$691	FundraisingAmt

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	$3,700	TotalAmt
Management And General	$3,700	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

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	$1,585	TotalAmt
Management And General	$1,585	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$16,771	TotalAmt
Fundraising	$16,771	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$9,783	TotalAmt
Management And General	$9,783	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	$172,269	TotalAmt
Program Services	$172,269	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

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	$124,862	TotalAmt
Management And General	$124,862	ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$426,237	TotalAmt
Program Services	$383,613	ProgramServicesAmt
Management And General	$42,624	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$25,167	TotalAmt
Program Services	$22,650	ProgramServicesAmt
Management And General	$2,517	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	FundraisingFundraisingAmt	Management And GeneralManagementAndGeneralAmt
EDUCATION AND TRAINING	$207,775	$207,775
SUPPLIES AND EQUIPMENT	$16,577	$16,577
DUES AND SUBSCRIPTIONS	$8,940	$7,254	$1,686
BAD DEBT EXPENSE	$1,632			$1,632

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$15,155	TotalAmt
Management And General	$14,597	ManagementAndGeneralAmt
Fundraising	$558	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,053,903	TotalAmt
Program Services	$2,333,128	ProgramServicesAmt
Management And General	$693,174	ManagementAndGeneralAmt
Fundraising	$27,601	FundraisingAmt

Field	Value	IRS element (for citing)
Joint Costs	Yes (X)	JointCostsInd

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$967,339	BOYAmt
EOY	$775,588	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$40,300	BOYAmt
EOY	$19,900	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$488,959	BOYAmt
EOY	$458,098	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$31,408	BOYAmt
EOY	$29,835	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$15,801,707	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,920,050	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$14,300,895	BOYAmt
EOY	$13,881,657	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$55,958	BOYAmt
EOY	$65,158	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$70,694	BOYAmt
EOY	$67,887	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$15,955,553	BOYAmt
EOY	$15,298,123	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$77,526	BOYAmt
EOY	$71,392	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$1,980,709	BOYAmt
EOY	$1,708,900	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$5,734,410	BOYAmt
EOY	$5,045,279	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$7,792,645	BOYAmt
EOY	$6,825,571	EOYAmt

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

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$7,987,910	BOYAmt
EOY	$8,294,605	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$174,998	BOYAmt
EOY	$177,947	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$8,162,908	BOYAmt
EOY	$8,472,552	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$15,955,553	BOYAmt
EOY	$15,298,123	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$537,010	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$8,200	NetUnrlzdGainsLossesInvstAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	Yes (true)	AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
FS Audited	false	FSAuditedInd
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

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 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

Field	Value	IRS element (for citing)
Incl Escrow Custodial Acct Liab	false	InclEscrowCustodialAcctLiabInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,399,654	OtherCostOrOtherBasisAmt
Book Value	$1,399,654	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$13,531,161	OtherCostOrOtherBasisAmt
Depreciation	$1,454,705	DepreciationAmt
Book Value	$12,076,456	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$98,127	OtherCostOrOtherBasisAmt
Depreciation	$44,360	DepreciationAmt
Book Value	$53,767	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$772,765	OtherCostOrOtherBasisAmt
Depreciation	$420,985	DepreciationAmt
Book Value	$351,780	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$13,881,657	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc
Financial derivatives and other financial products
Closely-held equity interests

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	Federal income taxes	Desc

Field	Value	IRS element (for citing)
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$3,430,064	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$8,200	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$8,200	RevenueNotReportedAmt
Revenue Subtotal	$3,421,864	RevenueSubtotalAmt
Total Revenue Per Form990	$3,421,864	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$3,120,420	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$3,120,420	ExpensesSubtotalAmt
Total Expenses Per Form990	$3,120,420	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

X 2

THE ACADEMY IS A TAX-EXEMPT CORPORATION UNDER SECTION 501C3 OF THE IRS CODE AND IS EXEMPT FROM FEDERAL INCOME TAX ON EARNINGS ASSOCIATED WITH ITS EXEMPT PURPOSE. UNRELATED BUSINESS INCOME IS TAXED AT REGULAR CORPORATE TAX RATES. THE ACADEMY HAD NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JULY 31, 2014. THE ACADEMY FOLLOWED THE GUIDANCE IN FASB ASC 740-10 REGARDING REPORTING OF UNCERTAINTY IN INCOME TAXES.

IX 2

THE IMPLEMENTATION OF FAXB ASC 740-10 HAD NO IMPACT ON THE ACADEMYS STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. THE ACADEMY DOES NOT BELIEVE ITS FINANCIAL STATEMENTS REFLECT ANY UNCERTAIN TAX POSITIONS. THE ACADEMYS ACCOUNTING POLICY REQUIRES RECORDING A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS PROBABLE THAT A LOSS HAS BEEN INCURRED AND THE AMOUNT CAN BE REASONABLY ESTIMATED. THE ACADEMY CONTINUALLY EVALUATES EXPIRING STATUES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORATATIVE RULINGS IN DETERMINING TRANSACTIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS.

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 G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Special Fundraising Events	Yes (X)	SpecialFundraisingEventsInd
Agrmt Prof Fundraising Acty	false	AgrmtProfFundraisingActyInd
Licensed States	WA	LicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Name Of Event1	AUCTION REVENUE	NameOfEvent1Amt
Gross Receipts Event1	$276,480	GrossReceiptsEvent1Amt
Gross Revenue Event1	$276,480	GrossRevenueEvent1Amt
Other Direct Expenses Event1	$65,955	OtherDirectExpensesEvent1Amt
Name Of Event2	PALS FUNDRAISERS REVENUE	NameOfEvent2Amt
Gross Receipts Event2	$70,691	GrossReceiptsEvent2Amt
Gross Revenue Event2	$70,691	GrossRevenueEvent2Amt
Other Direct Expenses Event2	$83,750	OtherDirectExpensesEvent2Amt
Other Events Total	2	OtherEventsTotalCnt
Gross Receipts Other Events	$46,079	GrossReceiptsOtherEventsAmt
Gross Revenue Other Events	$46,079	GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events	$7,979	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$393,250	GrossReceiptsTotalAmt
Gross Revenue Total Events	$393,250	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$157,684	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$157,684	DirectExpenseSummaryEventsAmt
Net Income Summary	$235,566	NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	LILY DRISKILL	PersonNm
Title	FORMER HEAD OF SCHOOL	TitleTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11b	THE BOARD ASSIGNS RESPONSIBILITY TO THE FINANCE COMMITTEE TO REVIEW THE 990 AND MAKE RECOMMENDATIONS TO THE BOARD TO APPROVE THE TAX RETURN. THE 990 IS AVAILABLE TO ALL BOARD MEMBERS FOR THEIR REVIEW.
Form 990, Part VI, Section B, Line 12c	BOARD MONITORS POSSIBLE CONFLICTS OF INTEREST AND UPDATES ALL BOARD MEMBERS YEARLY.
Form 990, Part VI, Section B, Line 15b	BOARD APPOINTS COMMITTEE AND ASSIGNS TASK OF REVIEW AND COMPENSATION OF HEAD OF SCHOOL BASED UPON LOCAL AND REGIONAL DATA.
Form 990, Part VI, Section C, Line 19	THE ACADEMY MAKES INFORMATION AVAILABLE UPON WRITTEN REQUEST.
Form 990, Part VI, Section A, Line 2	THREE SPA TRUSTEES ARE RELATED TO EACH OTHER AND TWO OF THOSE TRUSTEES ALSO HAVE AN EMPLOYER EMPLOYEE RELATIONSHIP UNRELATED TO SPA. TWO SPA TRUSTEES SERVE ON THE BOARD OF AN UNRELATED BUSINESS CONTROLLED BY A THIRD SPA TRUSTEE. ONE SPA TRUSTEE SERVES AS A TRUSTEE OF AN UNRELATED TRUST THAT IS FOR THE BENEFIT OF ANOTHER SPA TRUSTEE.