VILLA MONTESSORI INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: VILLA MONTESSORI INC (EIN 86-0193411)
Tax period: 2010-07-01 to 2011-06-30
Filed: 2012-03-29
IRS object ID: 201240899349301129
Schema version: 2010v3.7
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 K
Schedule L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-03-29T17:24:24-05:00	Timestamp
Tax Period End Date	2011-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BALL & MCGRAW PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	351 W HATCHER	AddressLine1
City	PHOENIX	City
State	AZ	State
ZIP Code	85021	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	860193411	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	VILLA MONTESSORI INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	VILL	NameControl
Phone	6029552210	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4535 N 28TH STREET	AddressLine1
City	PHOENIX	City
State	AZ	State
ZIP Code	85016	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MARILYN BURBACH	Name
Title	PRESIDENT	Title
Phone	6029552210	Phone
Date Signed	2012-03-28	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	BECKY HAMILTON	Name
Phone	6029423435	Phone
Date Prepared	2012-03-29	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	MARILYN BURBACH	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	4535 N 28TH STREET	AddressLine1
City	PHOENIX	City
State	AZ	State
ZIP Code	85016	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	5913481	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	VILLAMONTESSORI.COM	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1965	YearFormation
State Legal Domicile	AZ	StateLegalDomicile
Activity Or Mission Description	TO PROVIDE A QUALITY EDUCATION UTILIZING THE MARIA MONTESSORI TEACHING METHOD TO PRESCHOOL, PRIMARY, ELEMENTARY AND MIDDLE SCHOOL STUDENTS	ActivityOrMissionDescription
Nbr Voting Members Governing Body	10	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	155	TotalNbrEmployees
Total Nbr Volunteers	100	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	1002329	ContributionsGrantsPriorYear
Contributions Grants Current Year	427242	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	4802387	ProgramServiceRevenuePriorYear
Program Service Revenue CY	5245724	ProgramServiceRevenueCY
Investment Income Prior Year	17648	InvestmentIncomePriorYear
Investment Income Current Year	18552	InvestmentIncomeCurrentYear
Other Revenue Prior Year	95310	OtherRevenuePriorYear
Other Revenue Current Year	177684	OtherRevenueCurrentYear
Total Revenue Prior Year	5917674	TotalRevenuePriorYear
Total Revenue Current Year	5869202	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	3390980	SalariesEtcPriorYear
Salaries Etc Current Year	3489460	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	202032	TotalFundrsngExpCurrentYear
Other Expense Prior Year	2122766	OtherExpensePriorYear
Other Expenses Current Year	2076606	OtherExpensesCurrentYear
Total Expenses Prior Year	5513746	TotalExpensesPriorYear
Total Expenses Current Year	5566066	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	403928	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	303136	RevenuesLessExpensesCY
Total Assets BOY	6749344	TotalAssetsBOY
Total Assets EOY	6819372	TotalAssetsEOY
Total Liabilities BOY	5335633	TotalLiabilitiesBOY
Total Liabilities EOY	5061910	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1413711	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1757462	NetAssetsOrFundBalancesEOY
Mission Description	TO PROVIDE A QUALITY EDUCATION UTILIZING THE MARIA MONTESSORI TEACHING METHOD TO PRESCHOOL, PRIMARY, ELEMENTARY AND MIDDLE SCHOOL STUDENTS	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	3440444	Expense
Description	ARIZONA CHARTER SCHOOL PROVIDING EDUCATION TO APPROXIMATELY 480 STUDENTS USING MONTESSORI TEACHING METHODS	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	1344738	Expense
Description	PROVIDING BEFORE AND AFTER CARE FOR STUDENTS AND PRESCHOOL CHILDREN	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	4785182	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	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	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	true	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	true	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
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	true	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	35	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	155	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
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
Quid Pro Quo Contributions	true	QuidProQuoContributions
Quid Pro Quo Disclosure	true	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	10	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	NumberIndependentVotingMembers
Family Or Business Relationship	true	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	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	false	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

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

Field	Value	IRS element (for citing)
Telephone Number	6029552210	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	4535 N 28TH ST	AddressLine1
City	PHOENIX	City
State	AZ	State
ZIP Code	85016	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
MARGO ONEIL
DIRECTOR	40.00	X	104516	0	14643
MARY ORLANDO
DIRECTOR	30.00	X	64481	0	3990
CHRIS BURBACH
DIRECTOR	2.00	X	0	0	0
CINDY JONES
DIRECTOR	2.00	X	0	0	0
JOHN MCDONALD
DIRECTOR	2.00	X	0	0	0
DONNA WITHERWAX
DIRECTOR	2.00	X	0	0	0
TOM JANKOWSKI
DIRECTOR	2.00	X	0	0	0
CAROL MITCHELL
DIRECTOR	2.00	X	0	0	0
ELISSA MULLANY
DIRECTOR	2.00	X	0	0	0
MARILYN BURBACH
PRESIDENT	15.00		17811	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	186808	TotalReportableCompFromOrg
Total Other Compensation	18633	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	ICFG	BusinessNameLine1
Business Name Line2	ICFG	BusinessNameLine2

Address Of Contractor AddressOfContractor

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	3110 E CHERYL DR	AddressLine1
City	PHOENIX	City
State	AZ	State
ZIP Code	85028	ZIPCode

Field	Value	IRS element (for citing)
Description Of Services	RENT	DescriptionOfServices
Compensation	108000	Compensation

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	1	NumberOfContractorsGT100K
Fundraising Events	92926	FundraisingEvents
Government Grants	216012	GovernmentGrants
All Other Contributions	118304	AllOtherContributions
Noncash Contributions	92926	NoncashContributions
Total Contributions	427242	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
STATE EQUALIZATION	2710764	2710764
INFANT/TODDLER/PRESCHOOL	1470512	1470512
AFTER SCHOOL & SUMMER PROG	523016	523016
EXTRACURRICULAR FEES	351450	351450
CLASSROOM SITE FUNDS	114812	114812

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	75170	TotalRevenueColumn
Related Or Exempt Function Income	75170	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	5245724	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	18552	TotalRevenueColumn
Exclusion	$18,552	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	157277	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	92926	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	44279	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	112998	TotalRevenueColumn
Exclusion	$112,998	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	MISC	Description
Total Revenue Column	64686	TotalRevenueColumn
Related Or Exempt Function Income	64686	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	64686	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	5869202	TotalRevenueColumn
Related Or Exempt Function Income	5310410	RelatedOrExemptFunctionIncome
Exclusion	$131,550	ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	2991257	Total
Program Services	2568590	ProgramServices
Management And General	372943	ManagementAndGeneral
Fundraising	49724	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	279582	Total
Program Services	240077	ProgramServices
Management And General	34858	ManagementAndGeneral
Fundraising	4647	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	218621	Total
Program Services	187730	ProgramServices
Management And General	27257	ManagementAndGeneral
Fundraising	3634	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	338000	Total
Program Services	338000	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	101434	Total
Program Services	101434	ProgramServices

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
PROGRAM EXPENSE	430281	421556	5453	3272
FACILITY COSTS	264930	246930	3000	15000
GENERAL AND ADMIN	251770	117978	124321	9471
REPAIRS AND MAINTENANCE	184344	175127	5530	3687
UTILITIES	162810	153155	5490	4165

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	343037	Total
Program Services	234605	ProgramServices
Fundraising	108432	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	5566066	Total
Program Services	4785182	ProgramServices
Management And General	578852	ManagementAndGeneral
Fundraising	202032	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1351792	BOY
EOY	1181830	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	961963	BOY
EOY	1271200	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	104714	BOY
EOY	88471	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	84217	BOY
EOY	34270	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	4677622	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1032458	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	3642424	BOY
EOY	3645164	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	604234	BOY
EOY	598437	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	6749344	BOY
EOY	6819372	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	302799	BOY
EOY	356741	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	4607568	BOY
EOY	4275275	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	425266	BOY
EOY	429894	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	5335633	BOY
EOY	5061910	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1413711	BOY
EOY	1757462	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1413711	BOY
EOY	1757462	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	6749344	BOY
EOY	6819372	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	303136	ReconcilationRevenueExpenses
Reconcilation Other Changes	40615	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
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

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1519891	OtherCostOrOtherBasis
Book Value	1519891	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2195524	OtherCostOrOtherBasis
Depreciation	286168	Depreciation
Book Value	1909356	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	440439	OtherCostOrOtherBasis
Depreciation	290869	Depreciation
Book Value	149570	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	521768	OtherCostOrOtherBasis
Depreciation	455421	Depreciation
Book Value	66347	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	3645164	TotalOfBookValueLandBuildings

Other Assets OtherAssets (3 entries)

DescriptionDescription	Book ValueBookValue
GOODWILL	439993
LOAN FEES	144444
SECURITY DEPS	14000

Field	Value	IRS element (for citing)
Total Book Value Other Assets	598437	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
STUDENT DEPOSITS	$260,894
BOND INTEREST PAYABLE	$169,000

Field	Value	IRS element (for citing)
Total Of Amounts	429894	TotalOfAmounts
Total Revenue	5869202	TotalRevenue
Total Expenses	5566066	TotalExpenses
Excess Or Deficit For Year	303136	ExcessOrDeficitForYear
Other	$40,615	OtherAmount
Total Adjustments	40615	TotalAdjustments
Excess Or Deficit Per FS	343751	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	5869202	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	5869202	RevenueSubtotal
Total Revenue Per Form990	5869202	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	5525451	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	5525451	ExpensesSubtotal
Other Expenses Not Included	40615	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	40615	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	5566066	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
RECONCILIATION OF CHANGES - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 8	GOODWILL AMORITIZATION NOT EXPENSED UNDER GAAP 40,615
EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XIII, LINE 4B	GOODWILL AMORITIZATION NOT EXPENSED UNDER GAAP 40,615

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

Field	Value	IRS element (for citing)
Identifier	FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION	Identifier
Return Reference	SCHEDULE E LINE 6	ReturnReference
Explanation	THE SCHOOL IS CHARTERED WITH THE STATE OF ARIZONA AND RECEIVES FUNDING THROUGH THE ARIZONA DEPT OF EDUCATION	Explanation

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	DINNER/SILENT A	NameOfEvent1
Gross Receipts Event1	250203	GrossReceiptsEvent1
Charitable Contributions Event1	92926	CharitableContributionsEvent1
Gross Revenue Event1	157277	GrossRevenueEvent1
Other Direct Expenses Event1	44279	OtherDirectExpensesEvent1
Gross Receipts Total	250203	GrossReceiptsTotal
Charitable Contributions Total	92926	CharitableContributionsTotal
Gross Revenue Total Events	157277	GrossRevenueTotalEvents
Other Direct Expenses Total Events	44279	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	44279	DirectExpenseSummaryEvents
Net Income Summary	112998	NetIncomeSummary

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	INDUSTRIAL DEVELOPMENT AUTHORITY	BusinessNameLine1

Field	Value	IRS element (for citing)
Date Issued	2006-05-16	DateIssued
Issue Price	5430000	IssuePrice
Description Of Purpose	TO PURCHASE LAND AND BUILDINGS FROM WHICH TO OPERATE THE SCHOOL	DescriptionOfPurpose
Defeased	false	Defeased
On Behalf Of Issuer	false	OnBehalfOfIssuer
Pool Financing	false	PoolFinancing

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Total Proceeds	4607568	TotalProceeds
Amount In Reserve Fund	789428	AmountInReserveFund
Year Of Subst Completion	2006	YearOfSubstCompletion
Current Refunding	false	CurrentRefunding
Advance Refunding	false	AdvanceRefunding
Final Allocation Made	true	FinalAllocationMade
Adequate Books And Recds Maintaind	true	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
Owning Bond Financed Property	false	OwningBondFinancedProperty
Any Lease Arrangements	false	AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty	false	MngmentCntrctBondFinancdPrprty
Any Research Agreements	false	AnyResearchAgreements
Bond Counsel Routinely Engaged	false	BondCounselRoutinelyEngaged
Post Issuance Compliance Procdrs	true	PostIssuanceComplianceProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Form8038 T Filed	false	Form8038TFiled
Variable Rate Issue	false	VariableRateIssue
Hedge Identified In Books And Recds	false	HedgeIdentifiedInBooksAndRecds
Gross Proceeds Invested In GIC	false	GrossProceedsInvestedInGIC
Gross Proceeds Invested	false	GrossProceedsInvested
Exception To Rebate	false	ExceptionToRebate

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Field	Value	IRS element (for citing)
Name Person	MARILYN BURBACH	NamePerson

Field	Value	IRS element (for citing)
Relationship	BD PRESIDENT	Relationship
Amount Of Transaction	30000	AmountOfTransaction
Description Of Transaction	RENT OFFICE SPACE	DescriptionOfTransaction
Sharing Of Revenues	false	SharingOfRevenues

Schedule M IRS990ScheduleM

Other Non Cash Contributions Table OtherNonCashContributionsTable

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	92926	NoncashContribsRptdF990

Field	Value	IRS element (for citing)
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	true	ReviewProcessUnusualNCGifts
Third Parties Used	false	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
RELATED PARTY INFORMATION AMONG OFFICERS	FORM 990, PAGE 6, PART VI, LINE 2	MARILYN BURBACH CHRIS BURBACH EXECUTIVE DI DIRECTOR MOTHER / SON
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	A DETAILED REVIEW OF FORM 990 IS CONDUCTED BY THE CEO AND CFO. THE 990 IS THEN DISTRIBUTED TO THE BOARD PRIOR TO SUBMISSION. THE 990 IS THEN SIGNED BY THE HEAD OF SCHOOL/DIRECTOR AND SUBMITTED.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	PAYMENTS TO EMPLOYEES OR FAMILY MEMBERS OF THE BOARD ARE DISCLOSED AT BOARD MEETINGS. THE BOARD SIGNS THE CONFLICT OF INTEREST STATEMENT ANNUALLY.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	THE BOARD USES COMPARABLE WAGE DATA TO SUBSTANTIATE THE COMPENSATION OF TOP MANAGMENT
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	ARE AVAILABLE UPON REQUEST FROM THE ADMINISTRATION OFFICE