ACADEMY AT THE LAKES INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- ACADEMY AT THE LAKES INC (EIN 59-3592809)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-01-24
- IRS object ID
- 201440249349300014
- Schema version
- 2012v2.1
- 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 L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-01-24T12:58:42-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592146292 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DWIGHT DARBY & COMPANY | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 611 SOUTH MAGNOLIA AVENUE | AddressLine1 |
| City | TAMPA | City |
| State | FL | State |
| ZIP Code | 336062744 | 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 | 593592809 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACADEMY AT THE LAKES INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ACAD | NameControl |
| Phone | 8139487600 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2331 COLLIER PARKWAY | AddressLine1 |
| City | LAND OLAKES | City |
| State | FL | State |
| ZIP Code | 34639 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN FAITH | Name |
| Title | CHAIR | Title |
| Phone | 8139482133 | Phone |
| Date Signed | 2014-01-10 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAWN M LOPEZ | Name |
| PTIN | P00853029 | PTIN |
| Phone | 8132512411 | Phone |
| 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) |
|---|---|---|
| Address Change | X | AddressChange |
| Name Of Principal Officer Person | JOHN FAITH | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2331 COLLIER PARKWAY | AddressLine1 |
| City | LAND OLAKES | City |
| State | FL | State |
| ZIP Code | 34639 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6540998 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.ACADEMYATTHELAKES.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1999 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | ACADEMY AT THE LAKES, INC. IS A SCHOOL SERVING STUDENTS FROM PRE-KINDERGARTEN THROUGH GRADE 12. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 86 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 66859 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 209328 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5310333 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5787976 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1329 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1636 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 364947 | OtherRevenuePriorYear |
| Other Revenue Current Year | 384567 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5743468 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6383507 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3776560 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4084604 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 310428 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2003852 | OtherExpensePriorYear |
| Other Expenses Current Year | 2298108 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5780412 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6382712 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -36944 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 795 | RevenuesLessExpensesCY |
| Total Assets BOY | 8515617 | TotalAssetsBOY |
| Total Assets EOY | 10706786 | TotalAssetsEOY |
| Total Liabilities BOY | 6577265 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 8762995 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1938352 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1943791 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE ACADEMY IS DEDICATED TO PROVIDING STUDENTS WITH AN EDUCATIONAL EXPERIENCE FEATURING RIGOROUS ACADEMICS, FINE ARTS, ATHLETICS, SERVICE AND LEADERSHIP PROGRAMS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 5130405 | Expense |
| Revenue | 6012062 | Revenue |
| Description | THE ACADEMY EDUCATED 425 STUDENTS DURING THE YEAR. | Description |
| Total Program Service Expense | 5130405 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 96 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 86 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DORIE BURNHAM | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8139487600 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2331 COLLIER PKWY | AddressLine1 |
| City | LAND O LAKES | City |
| State | FL | State |
| ZIP Code | 34639 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| CYNTHIA MARTIN | ||||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 | ||
| STEPHEN DRYER | ||||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | ||
| BRENT SMITH | ||||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | ||
| JOHN FAITH | ||||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | ||
| GARY ENGLUND | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| CHARLES HANNAH | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| NICK SETTEDUCATO | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| KRISTIN BAIN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DAVID PERSKY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MICHAEL KRETZINGER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| TOM DEMPSEY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RITA UGIANSKIS-FISHMAN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MICHAEL RILEY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JAMES EMERICK | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MARGUERITE WELLS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| SCOTT GREENE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MARY MCCORMICK | ||||||||
| TRUSTEE EMERITUS | 1.00 | X | 0 | 0 | 0 | |||
| MARK HELLER | ||||||||
| HEAD OF SCHOOL | 40.00 | 238794 | 0 | 52195 | X | |||
| JAY GOULART | ||||||||
| ADVANCEMENT | 40.00 | 138510 | 0 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 377304 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 52195 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 209328 | AllOtherContributions |
| Noncash Contributions | 2301 | NoncashContributions |
| Total Contributions | 209328 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PROG.SERV.REVENUE-RELA | Description |
| Business Code | 611110 | BusinessCode |
| Total Revenue Column | 5787976 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5787976 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5787976 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1636 | TotalRevenueColumn |
| Exclusion | $1,636 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 220391 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 59910 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 160481 | TotalRevenueColumn |
| Exclusion | $160,481 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 321667 | GrossSalesOfInventory |
| Cost Of Goods Sold | 97581 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 224086 | TotalRevenueColumn |
| Related Or Exempt Function Income | 224086 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6383507 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6012062 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $162,117 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 301077 | Total |
| Program Services | 225808 | ProgramServices |
| Management And General | 75269 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3435120 | Total |
| Program Services | 2851150 | ProgramServices |
| Management And General | 343512 | ManagementAndGeneral |
| Fundraising | 240458 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76162 | Total |
| Program Services | 61691 | ProgramServices |
| Management And General | 10663 | ManagementAndGeneral |
| Fundraising | 3808 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 272245 | Total |
| Program Services | 225963 | ProgramServices |
| Management And General | 29947 | ManagementAndGeneral |
| Fundraising | 16335 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64153 | Total |
| Program Services | 48115 | ProgramServices |
| Management And General | 16038 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58605 | Total |
| Program Services | 43954 | ProgramServices |
| Management And General | 14651 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60651 | Total |
| Program Services | 42455 | ProgramServices |
| Management And General | 15163 | ManagementAndGeneral |
| Fundraising | 3033 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66395 | Total |
| Program Services | 56436 | ProgramServices |
| Management And General | 9959 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10646 | Total |
| Program Services | 10646 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 235684 | Total |
| Program Services | 70705 | ProgramServices |
| Management And General | 164979 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 350345 | Total |
| Program Services | 245242 | ProgramServices |
| Management And General | 105103 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 98223 | Total |
| Program Services | 72685 | ProgramServices |
| Management And General | 25538 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| STUDENT ACTIVITIES | 661079 | 641246 | 13222 | 6611 |
| REPAIRS & MAINTENANCE | 296458 | 219379 | 77079 | |
| BAD DEBT | 118848 | 103398 | 0 | 15450 |
| UTILITIES | 112104 | 79594 | 32510 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 164917 | Total |
| Program Services | 131938 | ProgramServices |
| Management And General | 8246 | ManagementAndGeneral |
| Fundraising | 24733 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6382712 | Total |
| Program Services | 5130405 | ProgramServices |
| Management And General | 941879 | ManagementAndGeneral |
| Fundraising | 310428 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 440509 | BOY |
| EOY | 287878 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1954487 | BOY |
| EOY | 1940773 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13437 | BOY |
| EOY | 80850 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51573 | BOY |
| EOY | 29945 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73001 | BOY |
| EOY | 49958 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 10613468 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2509808 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5795186 | BOY |
| EOY | 8103660 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47559 | BOY |
| EOY | 52946 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139865 | BOY |
| EOY | 160776 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8515617 | BOY |
| EOY | 10706786 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 393103 | BOY |
| EOY | 491234 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3184162 | BOY |
| EOY | 3062738 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 500000 | BOY |
| EOY | 700000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2500000 | BOY |
| EOY | 4509023 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6577265 | BOY |
| EOY | 8762995 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1836350 | BOY |
| EOY | 1815705 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53122 | BOY |
| EOY | 78462 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48880 | BOY |
| EOY | 49624 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1938352 | BOY |
| EOY | 1943791 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8515617 | BOY |
| EOY | 10706786 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 795 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 4644 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 48880 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 1071 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 327 | GrantsOrScholarships |
| End Of Year Balance | 49624 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 48134 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 1078 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 332 | GrantsOrScholarships |
| End Of Year Balance | 48880 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 47405 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 1059 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 330 | GrantsOrScholarships |
| End Of Year Balance | 48134 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 46277 | BeginningOfYearBalance |
| Contributions | 500 | Contributions |
| Investment Earnings Or Losses | 919 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 291 | GrantsOrScholarships |
| End Of Year Balance | 47405 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 44378 | BeginningOfYearBalance |
| Contributions | 365 | Contributions |
| Investment Earnings Or Losses | 2278 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 744 | GrantsOrScholarships |
| End Of Year Balance | 46277 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2606966 | OtherCostOrOtherBasis |
| Book Value | 2606966 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6857840 | OtherCostOrOtherBasis |
| Depreciation | 1638888 | Depreciation |
| Book Value | 5218952 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1148662 | OtherCostOrOtherBasis |
| Depreciation | 870920 | Depreciation |
| Book Value | 277742 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 8103660 | TotalOfBookValueLandBuildings |
| Tot Revenue Etc Audited Fincl Stmt | 6545642 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 4644 | NetUnrealizedGainsInvestments |
| Other Revenues | 157491 | OtherRevenues |
| Revenue Not Rptd F990 | 162135 | RevenueNotRptdF990 |
| Revenue Subtotal | 6383507 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6383507 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6540203 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 157491 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 157491 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6382712 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6382712 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES 59,910. COGS 97,581. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES 59,910. COGS 97,581. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | ACADEMY AT THE LAKES, INC. PUBLISHES IN ALL BROCHURES AND AT LEAST ANNUALLY IN LOCAL NEWSPAPERS THAT THE SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL OR ETHNIC ORIGIN AND ADMINISTERS EDUCATIONAL PROGRAMS BASED UPON THE SCHOOL'S PHILOSOPHY AND DOES NOT DISCRIMINATE ON THE BASIS OF ANY OF THE ABOVE FACTORS IN THE ADMISSION OF STUDENTS. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | ANNUAL FUND | NameOfEvent1 |
| Gross Receipts Event1 | 130286 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 130286 | GrossRevenueEvent1 |
| Name Of Event2 | AUCTION EVENTS | NameOfEvent2 |
| Gross Receipts Event2 | 70791 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 70791 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 53846 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 19314 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 19314 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 6064 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 220391 | GrossReceiptsTotal |
| Gross Revenue Total Events | 220391 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 59910 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 59910 | DirectExpenseSummaryEvents |
| Net Income Summary | 160481 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 1 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MARK HELLER | NamePerson |
| Title | HEAD OF SCHOOL | Title |
| Base Compensation Filing Org | 229404 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 9390 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 52195 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 290989 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule L IRS990ScheduleL
Loan Table LoanTable (2 entries)
| Relationship With OrganizationRelationshipWithOrganization | Purpose Of LoanPurposeOfLoan | Loan To OrganizationLoanToOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|---|
| HANNAH'S PROGRESS LLC CHARLES A HANNAH MANAGER | |||||||
| TRUSTEE | REFINANCE OTHER DEBT | X | $500,000 | 500000 | 0 | 1 | 1 |
| HANNAH'S PROGRESS LLC CHARLES A HANNAH MANAGER | |||||||
| TRUSTEE | LAND PURCHASE | X | $200,000 | 200000 | 0 | 1 | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 700000 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| HANNAH'S PROGRESS LLC | |||
| MANAGER OF HANNAH'S PROGRESS, LLC IS A CURRENT TRUSTEE | 500000 | LOAN WAS MADE TO THE ORGANIZATION. | 0 |
| HANNAH'S PROGRESS LLC | |||
| MANAGER OF HANNAH'S PROGRESS, LLC IS A CURRENT TRUSTEE | 200000 | LOAN WAS MADE TO THE ORGANIZATION | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE RETURN IS PROVIDED TO THE TREASURER AND BUSINESS MANAGER. THE RETURN IS REVIEWED BY THESE INDIVIDUALS AND IS THEN PROVIDED TO THE BOARD OF TRUSTEES FOR APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CHAIR ENSURES THAT EACH REQUIRED INDIVIDUAL HAS PROPERLY COMPLETED THE STATEMENT ANNUALLY. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BUSINESS MANAGER COMPLETES A COMPENSATION EARNED SCHEDULE ANNUALLY WHICH IS PRESENTED TO THE EXECUTIVE COMPENSATION COMMITTEE FOR APPROVAL. WHEN APPROVED, THE SCHEDULE IS SIGNED BY THE BUSINESS MANAGER AND THE CHAIR OF THE TRUSTEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS ARE AVAILABLE THROUGH THE GUIDESTAR WEBSITE. OTHER DOCUMENTS MAY BE OBTAINED UPON REQUEST FROM THE SCHOOL BUSINESS OFFICE. |
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