ARETE PREPARATORY ACADEMY: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: ARETE PREPARATORY ACADEMY (EIN 20-5332933)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-05-15
IRS object ID: 201421359349307402
Schema version: 2012v2.3
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-05-15T14:06:56-05:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FESTER & CHAPMAN PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	8283 N HAYDEN RD STE 200	AddressLine1
City	SCOTTSDALE	City
State	AZ	State
ZIP Code	852582456	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	205332933	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MESA PREPARATORY ACADEMY	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	MESA	NameControl
Phone	4808999181	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1303 S LINDSAY DRIVE	AddressLine1
City	MESA	City
State	AZ	State
ZIP Code	85204	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	WARD HUSETH	Name
Title	CHIEF FINANCIAL OFFICER	Title
Phone	4808999181	Phone
Date Signed	2014-05-13	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	RACHEL R LOCKE CPA	Name
Phone	6022643077	Phone
Date Prepared	2014-05-15	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	WARD HUSETH CFO	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	3102 N 56TH STREET SUITE 300	AddressLine1
City	PHOENIX	City
State	AZ	State
ZIP Code	85018	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	3192635	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.MESAPREP.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2006	YearFormation
State Legal Domicile	AZ	StateLegalDomicile
Activity Or Mission Description	THE MISSION OF MESA PREPARATORY ACADEMY IS 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 WHILE PROVIDING AN ENVIRONMENT THAT ALLOWS EVERY STUDENT WHO IS CURIOUS AND DILIGENT THE OPPORTUNITY TO ACHIEVE ACADEMICALLY.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	6	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	3	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	25	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	329764	ContributionsGrantsPriorYear
Contributions Grants Current Year	321044	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	2517706	ProgramServiceRevenuePriorYear
Program Service Revenue CY	2840571	ProgramServiceRevenueCY
Investment Income Prior Year	1	InvestmentIncomePriorYear
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Prior Year	33169	OtherRevenuePriorYear
Other Revenue Current Year	31020	OtherRevenueCurrentYear
Total Revenue Prior Year	2880640	TotalRevenuePriorYear
Total Revenue Current Year	3192635	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1804810	SalariesEtcPriorYear
Salaries Etc Current Year	1855485	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	11767	TotalFundrsngExpCurrentYear
Other Expense Prior Year	991058	OtherExpensePriorYear
Other Expenses Current Year	1094201	OtherExpensesCurrentYear
Total Expenses Prior Year	2795868	TotalExpensesPriorYear
Total Expenses Current Year	2949686	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	84772	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	242949	RevenuesLessExpensesCY
Total Assets BOY	647881	TotalAssetsBOY
Total Assets EOY	903954	TotalAssetsEOY
Total Liabilities BOY	295524	TotalLiabilitiesBOY
Total Liabilities EOY	308648	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	352357	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	595306	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE MISSION OF MESA PREPARATORY ACADEMY IS 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 WHILE PROVIDING AN ENVIRONMENT THAT ALLOWS EVERY STUDENT WHO IS CURIOUS AND DILIGENT THE OPPORTUNITY TO ACHIEVE ACADEMICALLY.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	2169790	Expense
Description	THE MISSION OF MESA PREPARATORY ACADEMY IS 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. IN ADDITION, PROVIDING AN ENVIRONMENT THAT ALLOWS EVERY STUDENT WHO IS CURIOUS AND DILIGENT THE OPPORTUNITY TO ACHIEVE ACADEMICALLY.	Description
Total Program Service Expense	2169790	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	true	RelatedOrgControlledEntity
Transaction Related Entity	true	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Info In Schedule O Part V	X	InfoInScheduleOPartV
Number Forms Transmitted With1096	15	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	6	NbrVotingGoverningBodyMembers
Number Independent Voting Members	3	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	true	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	AZ	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	GREAT HEARTS ACADEMIES	NamePerson
Telephone Number	4808999181	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	3102 N 56TH STREET SUITE 300	AddressLine1
City	PHOENIX	City
State	AZ	State
ZIP Code	85018	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (7 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
DIANE BISHOP
DIRECTOR	1.00	1.00	X	0	0	0
LOIS YATES
DIRECTOR	1.00	1.00	X	0	0	0
ANDREW ELLISON
DIRECTOR	1.00	1.00	X	0	0	0
KAREN TIBBITTS
DIRECTOR	1.00	1.00	X	0	0	0
MAIDI TERRY
DIRECTOR	1.00	1.00	X	0	0	0
KIANN MAPES
DIRECTOR	1.00	1.00	X	0	0	0
ROBERT WAGNER
HEADMASTER	40.00	0.00		0	98500	4600	X

Field	Value	IRS element (for citing)
Total Reportable Comp Frm Rltd Orgs	98500	TotalReportableCompFrmRltdOrgs
Total Other Compensation	4600	TotalOtherCompensation
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	54300	GovernmentGrants
All Other Contributions	266744	AllOtherContributions
Total Contributions	321044	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
STATE EQUALIZATION	611710	2619185	2619185
CLASSROOM SITE FUNDS	611710	114437	114437
CO-CURRICULAR ACTIVITIES	611710	106949	106949

Field	Value	IRS element (for citing)
Total Program Service Revenue	2840571	TotalProgramServiceRevenue

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	OTHER	Description
Business Code	611710	BusinessCode
Total Revenue Column	31020	TotalRevenueColumn
Related Or Exempt Function Income	31020	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	31020	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	3192635	TotalRevenueColumn
Related Or Exempt Function Income	2871591	RelatedOrExemptFunctionIncome

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	103100	Total
Program Services	82534	ProgramServices
Management And General	20566	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	1388703	Total
Program Services	1120317	ProgramServices
Management And General	268386	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	30568	Total
Program Services	26181	ProgramServices
Management And General	4387	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	212375	Total
Program Services	192732	ProgramServices
Management And General	19643	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	120739	Total
Program Services	97138	ProgramServices
Management And General	23601	ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	205373	Total
Management And General	205373	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	245	Total
Management And General	245	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	10200	Total
Program Services	8165	ProgramServices
Management And General	2035	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	16816	Total
Program Services	12510	ProgramServices
Management And General	4306	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	6851	Total
Management And General	6851	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	13750	Total
Program Services	9867	ProgramServices
Management And General	3883	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	19832	Total
Program Services	11914	ProgramServices
Management And General	7918	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	276756	Total
Program Services	221549	ProgramServices
Management And General	55207	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	79473	Total
Program Services	63620	ProgramServices
Management And General	15853	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	9620	Total
Program Services	7701	ProgramServices
Management And General	1919	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
OTHER	177683	118766	58917
SUPPLIES	104339	85884	18455
CO-CURRICULAR ACTIVITIES	83507	75659	7848
REPAIRS AND MAINTENANCE	77989	35253	42736

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	11767	Total
Fundraising	11767	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	2949686	Total
Program Services	2169790	ProgramServices
Management And General	768129	ManagementAndGeneral
Fundraising	11767	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	262813	BOY
EOY	677393	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
EOY	18043	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	126000	BOY
EOY	4372	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	22303	BOY
EOY	21561	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	437830	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	282724	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	209286	BOY
EOY	155106	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	27479	BOY
EOY	27479	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	647881	BOY
EOY	903954	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	176970	BOY
EOY	164741	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	14537	BOY
EOY	25392	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	9756	BOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	94261	BOY
EOY	118515	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	295524	BOY
EOY	308648	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	352357	BOY
EOY	595306	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	352357	BOY
EOY	595306	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	647881	BOY
EOY	903954	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	242949	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Both	X	FinancialStatementBoth

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

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

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	282910	OtherCostOrOtherBasis
Depreciation	167268	Depreciation
Book Value	115642	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	154920	OtherCostOrOtherBasis
Depreciation	115456	Depreciation
Book Value	39464	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	155106	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
DEPOSITS HELD FOR OTHERS	$79,955
DEFERRED RENT	$26,833
DUE TO RELATED PARTY	$11,727

Field	Value	IRS element (for citing)
Total Of Amounts	118515	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	3192635	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	3192635	RevenueSubtotal
Total Revenue Per Form990	3192635	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	2949686	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	2949686	ExpensesSubtotal
Total Expenses Per Form990	2949686	TotalExpensesPerForm990

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	true	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION	SCHEDULE E LINE 3	THE GREAT HEARTS ACADEMIES ARE NOTFORPROFIT NONSECTARIAN PUBLIC CHARTER SCHOOLS AND DO NOT DISCRIMINATE IN ANY OF ITS PRACTICES ON THE BASIS OF GENDER RACE RELIGION NATIONAL ORIGIN OR DISABILITY
FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION	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

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	FORM 990 - ORGANIZATION'S MISSION	THE MISSION OF MESA PREPARATORY ACADEMY IS 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 WHILE PROVIDING AN ENVIRONMENT THAT ALLOWS EVERY STUDENT WHO IS CURIOUS AND DILIGENT THE OPPORTUNITY TO ACHIEVE ACADEMICALLY.
EXPLANATION ON VOLUNTEERS AND TYPES OF SERVICES OR BENEFITS	FORM 990, PAGE 1, PART I, LINE 6	THE VOLUNTEERS HELP IN CLASSROOMS AND SUPPORT TEACHERS AND STUDENTS.
ADDITIONAL INFORMATION	FORM 990, PART V	LINE 2A: ALL PAYROLL, PAYROLL TAXES AND BENEFIT PLANS ARE CENTRALIZED THROUGH THE PARENT ORGANIZATION, GREAT HEARTS ACADEMIES (EIN 20-2036133). THEREFORE, GREAT HEARTS ACADEMIES FILES PAYROLL TAX RETURNS UNDER THEIR EMPLOYER TAX IDENTIFICATION NUMBER REPORTING ALL PAYROLL ACTIVITY. PAYROLL RELATED EXPENSES REPORTED ON THIS RETURN REPRESENTS AN ALLOCATION OF SALARIES AND WAGES PAID BY THE ENTITY.
MANAGEMENT DELEGATED	FORM 990, PAGE 6, PART VI, LINE 3	MANAGEMENT DUTIES ARE DELEGATED TO GREAT HEARTS ACADEMIES (20-2036133), A RELATED PARTY.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE 990 IS PREPARED BY AN EXTENAL CPA FIRM AND REVIEWED INTERNALLY BY THE CFO. AFTER COMPLETING THE CFO REVIEW, THE RETURNS ARE FINALIZED AND THEN REVIEWED BY THE GREAT HEARTS AUDIT COMMITTEE PRIOR TO BEING SIGNED BY THE CFO.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	BOARD MEMBERS, OFFICERS AND ALL EMPLOYEES COMPLETE AND SIGN A CONFLICT OF INTEREST AGREEMENT. THESE AGREEMENTS ARE REVIEWED BY HUMAN RESOURCES AND ANY CONFLICTS ARE IDENTIFIED AND REPORTED TO THE AUDITORS AND THE BOARD TO MONITOR.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	THE CMO, ALONG WITH BOARD APPROVAL DETERMINES THE COMPENSATION OF KEY STAFF SUCH AS HEADMASTER AND ASSISTANT HEADMASTER.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	EMPLOYEES AND FACULTY COMPENSATION IS DETERMINED BASED ON AN ORGANIZATION WIDE SALARY RANGE TABLE WHICH FACTORS IN EDUCATION AND EXPERIENCE.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	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.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (16 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Business Name Line2DirectControllingEntityName/BusinessNameLine2	Controlled OrgControlledOrg	Direct Controlling Entity NADirectControllingEntityNA	Business Name Line2NameOfDisregardedEntity/BusinessNameLine2
CHANDLER PREPARATORY ACADEMY
3102 N 56TH STREET SUITE 300	PHOENIX	AZ	85018	202075716	EDUCATION	AZ	3	2	GREAT	HEARTS ACADEMIES	true
GLENDALE PREPARATORY 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			false	N/A
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
VERITAS PREPARATORY ACADEMY
3102 N 56TH STREET SUITE 300	PHOENIX	AZ	85018	050527441	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
3102 N 56TH STREET SUITE 300	PHOENIX	AZ	85018	273364871	EDUCATION	AZ	3	2	GREAT	HEARTS ACADEMIES	true		PHOENIX
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

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

Field	Value	IRS element (for citing)
Business Name Line1	EDUCATIONAL SALES COMPANY INC	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 7130	AddressLine1
City	TEMPE	City
State	AZ	State
ZIP Code	85281	ZIPCode

Field	Value	IRS element (for citing)
EIN	860736517	EIN
Primary Activity	BOOK SALES	PrimaryActivity
Legal Domicile State	AZ	LegalDomicileState
Direct Controlling Entity NA	N/A	DirectControllingEntityNA
Type Of Entity	C CORP	TypeOfEntity
Controlled Org	false	ControlledOrg

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	false	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	false	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Dividends Related Organization	false	DividendsRelatedOrganization
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	true	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	false	SharingOfFacilities
Sharing Of Paid Employees	true	SharingOfPaidEmployees
Reimbursement Paid To Other Org	true	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved	Method Of Amt DeterminationMethodOfAmtDetermination
GREAT HEARTS ACADEMIES
O	1866268	FMV
GREAT HEARTS ACADEMIES
P	205373	FMV
EDUCATIONAL SALES INC
H	5728	FMV

ARETE PREPARATORY ACADEMY: Form 990, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990 IRS990

Address Principal Officer US AddressPrincipalOfficerUS

The Books Are In Care Of TheBooksAreInCareOf

Address US AddressUS

Form990 Part VII Section A Form990PartVIISectionA (7 entries)

Program Service Revenue ProgramServiceRevenue (3 entries)

Other Revenue Misc OtherRevenueMisc

Total Revenue TotalRevenue

Comp Current Officers Directors CompCurrentOfficersDirectors

Other Salaries And Wages OtherSalariesAndWages

Pension Plan Contributions PensionPlanContributions

Other Employee Benefits OtherEmployeeBenefits

Payroll Taxes PayrollTaxes

Fees For Services Management FeesForServicesManagement

Fees For Services Legal FeesForServicesLegal

Fees For Services Accounting FeesForServicesAccounting

Fees For Services Other FeesForServicesOther

Advertising Advertising

Office Expenses OfficeExpenses

Information Technology InformationTechnology

Occupancy Occupancy

Depreciation Depletion DepreciationDepletion

Insurance Insurance

Other Expenses OtherExpenses (4 entries)

All Other Expenses AllOtherExpenses

Total Functional Expenses TotalFunctionalExpenses

Cash Non Interest Bearing CashNonInterestBearing

Pledges And Grants Receivable PledgesAndGrantsReceivable

Accounts Receivable AccountsReceivable

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Other Assets Total OtherAssetsTotal

Total Assets TotalAssets

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Deferred Revenue DeferredRevenue

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Other Liabilities OtherLiabilities

Total Liabilities TotalLiabilities

Unrestricted Net Assets UnrestrictedNetAssets

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FS Audited Basis FSAuditedBasis

Schedule A IRS990ScheduleA

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Contributor Name Business ContributorNameBusiness

Contributor Address US ContributorAddressUS

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovements

Equipment Equipment

Other Liabilities OtherLiabilities (3 entries)

Schedule E IRS990ScheduleE

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (16 entries)

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

Address US AddressUS

Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)

Comments