SPECTRUM ACADEMY: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: SPECTRUM ACADEMY (EIN 76-0817459)
Tax period: 2010-07-01 to 2011-06-30
Filed: 2011-12-22
IRS object ID: 201133569349300313
Schema version: 2010v3.4
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 O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-12-22T10:37:16-06:00	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	SQUIRE & COMPANY PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1329 SOUTH 800 EAST	AddressLine1
City	OREM	City
State	UT	State
ZIP Code	840977737	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	760817459	EIN

Name Name

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

Field	Value	IRS element (for citing)
Name Control	SPEC	NameControl
Phone	8019360318	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	575 CUTLER DRIVE	AddressLine1
City	NORTH SALT LAKE CITY	City
State	UT	State
ZIP Code	84054	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	BRAD NELSON	Name
Title	PROGRAM DIRECTOR	Title
Phone	8019360318	Phone
Date Signed	2011-12-21	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	M PAUL WINWARD CPA	Name
Phone	8012256900	Phone
Date Prepared	2011-12-22	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	BRAD NELSON	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	575 CUTLER DRIVE	AddressLine1
City	NORTH SALT LAKE CITY	City
State	UT	State
ZIP Code	84054	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	3183576	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.SPECTRUMCHARTER.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2005	YearFormation
State Legal Domicile	UT	StateLegalDomicile
Activity Or Mission Description	TO MANAGE, OPERATE, GUIDE, DIRECT, AND PROMOTE A PUBLIC CHARTER SCHOOL FUNDED BY LOCAL, STATE, AND FEDERAL SOURCES.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	86	TotalNbrEmployees
Total Nbr Volunteers	175	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	1476113	ContributionsGrantsPriorYear
Contributions Grants Current Year	2920819	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	88687	ProgramServiceRevenuePriorYear
Program Service Revenue CY	150115	ProgramServiceRevenueCY
Investment Income Current Year	1280	InvestmentIncomeCurrentYear
Other Revenue Prior Year	18941	OtherRevenuePriorYear
Other Revenue Current Year	108763	OtherRevenueCurrentYear
Total Revenue Prior Year	1583741	TotalRevenuePriorYear
Total Revenue Current Year	3180977	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1218236	SalariesEtcPriorYear
Salaries Etc Current Year	2268715	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	1386	TotalFundrsngExpCurrentYear
Other Expense Prior Year	247167	OtherExpensePriorYear
Other Expenses Current Year	951287	OtherExpensesCurrentYear
Total Expenses Prior Year	1465403	TotalExpensesPriorYear
Total Expenses Current Year	3220002	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	118338	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-39025	RevenuesLessExpensesCY
Total Assets BOY	684075	TotalAssetsBOY
Total Assets EOY	4792740	TotalAssetsEOY
Total Liabilities BOY	149604	TotalLiabilitiesBOY
Total Liabilities EOY	4297294	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	534471	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	495446	NetAssetsOrFundBalancesEOY
Mission Description	TO MANAGE, OPERATE, GUIDE, DIRECT, AND PROMOTE A PUBLIC CHARTER SCHOOL FUNDED BY LOCAL, STATE, AND FEDERAL SOURCES.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	2933728	Expense
Description	OPERATION OF ONE PUBLIC CHARTER SCHOOL FOR STUDENTS FROM KINDERGARTEN TO TENTH GRADE.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	46590	Expense
Description	OPERATION OF A DAY CARE AND PRESCHOOL SERVICES.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	75634	Expense
Description	OPERATION OF A FOOD SERVICES PROGRAM FOR THE CONVENIENCE OF THE STUDENTS AND FACULTY.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	3055952	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	false	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	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	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	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	86	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	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	NumberIndependentVotingMembers
Family Or Business Relationship	false	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	false	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
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	BRAD NELSON	NamePerson
Telephone Number	8019360318	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	575 CUTLER DRIVE	AddressLine1
City	NORTH SALT LAKE	City
State	UT	State
ZIP Code	84054	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (9 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
BRANDON SAVAGE
BOARD MEMBER	2.00	X	0	0	0
DENNIS BULLARD
BOARD MEMBER	1.00	X	0	0	0
ANDREW MARSH
BOARD MEMBER	1.00	X	0	0	0
KYLE ANDERSON
BOARD MEMBER	1.00	X	0	0	0
MARCY JOHNSON
BOARD MEMBER	1.00	X	0	0	0
MARNEY DEVROOM
BOARD MEMBER	2.00	X	0	0	0
VERONICA HOBBY
BOARD MEMBER	1.00	X	0	0	0
JAMIE CHRISTENSEN
DIRECTOR	40.00		84656	0	11444	X
BRAD NELSON
PROGRAM DIRE	40.00		32307	0	1125	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	116963	TotalReportableCompFromOrg
Total Other Compensation	12569	TotalOtherCompensation
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	2781439	GovernmentGrants
All Other Contributions	139380	AllOtherContributions
Total Contributions	2920819	TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	ExclusionExclusionAmount
PRESCHOOL FEES	58285	$58,285
STUDENT ACTIVITIES AND FEES	45531	$45,531
LUNCH PROGRAM FEES	27468	$27,468
DAY CARE FEES	18831	$18,831

Field	Value	IRS element (for citing)
Total Program Service Revenue	150115	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	1280	TotalRevenueColumn
Related Or Exempt Function Income	1280	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	18362	GrossIncomeFundraisingEvents
Fundraising Direct Expenses	2599	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	15763	TotalRevenueColumn
Exclusion	$12,266	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
REVENUE FROM OTHER SCHOOLS	67168	67168
OTHER REVENUE	25832	25832

Field	Value	IRS element (for citing)
Total Other Revenue	93000	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	3180977	TotalRevenueColumn
Related Or Exempt Function Income	94280	RelatedOrExemptFunctionIncome
Exclusion	$162,381	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	116963	Total
Program Services	116963	ProgramServices

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	1829890	Total
Program Services	1748088	ProgramServices
Management And General	81762	ManagementAndGeneral
Fundraising	40	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	54324	Total
Program Services	54324	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	123386	Total
Program Services	114708	ProgramServices
Management And General	8678	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	144152	Total
Program Services	144152	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	15002	Total
Management And General	15002	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	87722	Total
Program Services	65101	ProgramServices
Management And General	22621	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	8515	Total
Program Services	8515	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	50076	Total
Program Services	37075	ProgramServices
Management And General	12891	ManagementAndGeneral
Fundraising	110	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	11369	Total
Program Services	11369	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	295742	Total
Program Services	281771	ProgramServices
Management And General	13853	ManagementAndGeneral
Fundraising	118	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	113315	Total
Program Services	107962	ProgramServices
Management And General	5308	ManagementAndGeneral
Fundraising	45	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	7939	Total
Program Services	7939	ProgramServices

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
TEXTBOOKS & EQUIPMENT	171726	171726
SUPPLIES & MATERIALS	59443	55821	2549	1073
FOOD	51055	51055
REPAIRS & MAINTENANCE	45681	45681
OTHER	27971	27971

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	5731	Total
Program Services	5731	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	3220002	Total
Program Services	3055952	ProgramServices
Management And General	162664	ManagementAndGeneral
Fundraising	1386	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	574680	BOY
EOY	265372	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
EOY	303142	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	33480	BOY
EOY	4903	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
EOY	760	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	30711	BOY
EOY	8406	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	4365670	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	155513	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	45204	BOY
EOY	4210157	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	684075	BOY
EOY	4792740	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	90632	BOY
EOY	218778	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	58972	BOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
EOY	4078516	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	149604	BOY
EOY	4297294	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	534471	BOY
EOY	495446	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	534471	BOY
EOY	495446	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	684075	BOY
EOY	4792740	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-39025	ReconcilationRevenueExpenses
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	600000	OtherCostOrOtherBasis
Book Value	600000	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3517695	OtherCostOrOtherBasis
Depreciation	80614	Depreciation
Book Value	3437081	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	73408	OtherCostOrOtherBasis
Depreciation	16509	Depreciation
Book Value	56899	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	174567	OtherCostOrOtherBasis
Depreciation	58390	Depreciation
Book Value	116177	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	4210157	TotalOfBookValueLandBuildings
Total Revenue	3180977	TotalRevenue
Total Expenses	3220002	TotalExpenses
Excess Or Deficit For Year	-39025	ExcessOrDeficitForYear
Excess Or Deficit Per FS	-39025	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	3433576	TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities	250000	DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F990	250000	RevenueNotRptdF990
Revenue Subtotal	3183576	RevenueSubtotal
Other Revenues Not Included	-2599	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-2599	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	3180977	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	3472601	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	250000	DonatedServicesUseOfFacilities
Other Expenses Included	2599	OtherExpensesIncluded
Expenses Not Rptd F990	252599	ExpensesNotRptdF990
Expenses Subtotal	3220002	ExpensesSubtotal
Total Expenses Per Form990	3220002	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
RECONCILIATION OF CHANGES - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 8	SPECIAL EVENT EXPENSES 2,599 SPECIAL EVENT EXPENSES -2,599
REVENUE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 4B	SPECIAL EVENT EXPENSES -2,599
EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XIII, LINE 2D	SPECIAL EVENT EXPENSES 2,599

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	false	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 ORGANIZATION RECEIVES STATE AND FEDERAL GRANTS TO OPERATE	Explanation

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	GALA	NameOfEvent1
Gross Receipts Event1	9652	GrossReceiptsEvent1
Gross Revenue Event1	9652	GrossRevenueEvent1
Other Direct Expenses Event1	937	OtherDirectExpensesEvent1
Gross Receipts Total	9652	GrossReceiptsTotal
Gross Revenue Total Events	9652	GrossRevenueTotalEvents
Other Direct Expenses Total Events	937	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	937	DirectExpenseSummaryEvents
Net Income Summary	8715	NetIncomeSummary

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	MANAGEMENT REVIEWS, BUT BOARD DOESN'T REVIEW PRIOR TO FILING.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	MANAGEMENT AND THE BOARD REGULARY MONITOR AND ENFORCE THE SCHOOL'S CONFLICT OF INTEREST POLICY.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	THE BOARD ANNUALLY REVIEWS AND APPROVES PAY RATES AND PAY SCALES.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	THE BOARD ANNUALLY REVIEWS AND APPROVES PAY RATES AND PAY SCALES.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	GOVERNING DOCUMENTS AVAILABLE UPON REQUEST JUST AS FORMS 990.

SPECTRUM ACADEMY: Form 990, tax year 2010

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

Activity2 Activity2

Activity3 Activity3

The Books Are In Care Of TheBooksAreInCareOf

Address US AddressUS

Form990 Part VII Section A Form990PartVIISectionA (9 entries)

Program Service Revenue ProgramServiceRevenue (4 entries)

Investment Income InvestmentIncome

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Other Revenue Misc OtherRevenueMisc (2 entries)

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 Accounting FeesForServicesAccounting

Fees For Services Other FeesForServicesOther

Office Expenses OfficeExpenses

Occupancy Occupancy

Travel Travel

Interest Interest

Depreciation Depletion DepreciationDepletion

Insurance Insurance

Other Expenses OtherExpenses (5 entries)

All Other Expenses AllOtherExpenses

Total Functional Expenses TotalFunctionalExpenses

Cash Non Interest Bearing CashNonInterestBearing

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Pledges And Grants Receivable PledgesAndGrantsReceivable

Accounts Receivable AccountsReceivable

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Total Assets TotalAssets

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Deferred Revenue DeferredRevenue

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Total Liabilities TotalLiabilities

Unrestricted Net Assets UnrestrictedNetAssets

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Schedule A IRS990ScheduleA

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Contributor Name Business ContributorNameBusiness

Contributor Address US ContributorAddressUS

Schedule D IRS990ScheduleD

Land Land

Buildings Buildings

Leasehold Improvements LeaseholdImprovements

Equipment Equipment

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

Schedule E IRS990ScheduleE

Form990 Schedule E Part II Form990ScheduleEPartII

Schedule G IRS990ScheduleG

Events Information EventsInformation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

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