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ROOSEVELT PREPARATORY ACADEMY: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
ROOSEVELT PREPARATORY ACADEMY (EIN 47-1762959)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-03-13
IRS object ID
202630729349300303
Schema version
2024v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2026-03-13T00:10:59-04:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN821455657PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FESTER & CHAPMAN PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19019 E BAHIA DR STE 100AddressLine1Txt
CitySCOTTSDALECityNm
State AbbreviationAZStateAbbreviationCd
ZIP85260ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN471762959EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROOSEVELT PREPARATORY ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlROOSBusinessNameControlTxt
Phone6024387045PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14717 E HILTON AVE STE 300AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85034ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKATHERINE MCMILLANPersonNm
Person TitleVP OF FINANCEPersonTitleTxt
Phone6024387045PhoneNum
Signature2026-03-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRACHEL R LOCKE CPAPreparerPersonNm
PTINP00450405PTIN
Phone6022643077PhoneNum
Preparation2026-03-10PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1CO GREAT HEARTS ACADEMIESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerMATTHEW BUSHARDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14717 E HILTON AVE STE 300AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85034ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,653,130GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressROOSEVELT.GREATHEARTSAMERICA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateAZLegalDomicileStateCd
Activity Or MissionAN ARCHWAY CLASSICAL ACADEMY TRIVIUM EAST EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS, AND BEAUTY.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers390TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,594,484PYContributionsGrantsAmt
CY Contributions Grants$2,160,020CYContributionsGrantsAmt
PY Program Service Revenue$8,351,196PYProgramServiceRevenueAmt
CY Program Service Revenue$9,268,513CYProgramServiceRevenueAmt
PY Investment Income$17,566PYInvestmentIncomeAmt
CY Investment Income$31,727CYInvestmentIncomeAmt
PY Other Revenue$203,048PYOtherRevenueAmt
CY Other Revenue$192,870CYOtherRevenueAmt
PY Total Revenue$10,166,294PYTotalRevenueAmt
CY Total Revenue$11,653,130CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,680,686PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,661,577CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$67,723CYTotalFundraisingExpenseAmt
PY Other Expenses$4,071,955PYOtherExpensesAmt
CY Other Expenses$4,351,429CYOtherExpensesAmt
PY Total Expenses$9,752,641PYTotalExpensesAmt
CY Total Expenses$11,013,006CYTotalExpensesAmt
PY Revenues Less Expenses$413,653PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$640,124CYRevenuesLessExpensesAmt
Total Assets BOY$25,534,373TotalAssetsBOYAmt
Total Assets EOY$32,285,901TotalAssetsEOYAmt
Total Liabilities BOY$24,216,942TotalLiabilitiesBOYAmt
Total Liabilities EOY$30,328,346TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,317,431NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,957,555NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionAN ARCHWAY CLASSICAL ACADEMY TRIVIUM EAST EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS, AND BEAUTY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$9,435,718ExpenseAmt
Revenue$9,268,513RevenueAmt
DescAN ARCHWAY CLASSICAL ACADEMY TRIVIUM EAST EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS, AND BEAUTY.Desc
Total Program Service Expenses$9,435,718TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKATHERINE MCMILLANPersonNm
Phone6024729074PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14717 E HILTON AVE STE 300AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85034ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ROBERT MULHERN
CHAIR2.00Yes (X)Yes (X)$0$0$0
CHRISTOFER PEREYRA
VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
JOHN THORPE
SECRETARY2.00Yes (X)Yes (X)$0$0$0
MONA MOORE
DIRECTOR2.00Yes (X)$0$0$0
STEPHEN PHILABAUM
HEADMASTER40.00Yes (X)$0$55,112$8,698
JAMIE FAIRBANKS
HEADMASTER40.00Yes (X)$0$81,812$20,334
JUAN CRUZ
HEADMASTER40.00Yes (X)$0$105,872$13,891
FieldValueIRS element (for citing)
Tot Reportable Comp Rltd Org$242,796TotReportableCompRltdOrgAmt
Total Other Compensation$42,923TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Related Organizations$1,300,000RelatedOrganizationsAmt
Government Grants$654,508GovernmentGrantsAmt
All Other Contributions$205,512AllOtherContributionsAmt
Total Contributions$2,160,020TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STATE EQUALIZATION611710$8,067,530$8,067,530
CLASSROOM SITE FUNDS611710$794,291$794,291
CO-CURRICULAR ACTIVITIES611710$406,692$406,692
FieldValueIRS element (for citing)
Total Program Service Revenue$9,268,513TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$31,727TotalRevenueColumnAmt
Exclusion$31,727ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$122,098RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$122,098RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$122,098TotalRevenueColumnAmt
Exclusion$122,098ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business611710BusinessCd
Total Revenue Column$70,772TotalRevenueColumnAmt
Related Or Exempt Func Income$70,772RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$70,772OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,653,130TotalRevenueColumnAmt
Related Or Exempt Func Income$9,339,285RelatedOrExemptFuncIncomeAmt
Exclusion$153,825ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$285,720TotalAmt
Program Services$243,538ProgramServicesAmt
Management And General$39,384ManagementAndGeneralAmt
Fundraising$2,798FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,043,079TotalAmt
Program Services$4,298,557ProgramServicesAmt
Management And General$695,147ManagementAndGeneralAmt
Fundraising$49,375FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$49,229TotalAmt
Program Services$42,949ProgramServicesAmt
Management And General$5,822ManagementAndGeneralAmt
Fundraising$458FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$886,466TotalAmt
Program Services$773,383ProgramServicesAmt
Management And General$104,829ManagementAndGeneralAmt
Fundraising$8,254FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$397,083TotalAmt
Program Services$346,428ProgramServicesAmt
Management And General$46,958ManagementAndGeneralAmt
Fundraising$3,697FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$872,638TotalAmt
Program Services$705,667ProgramServicesAmt
Management And General$164,764ManagementAndGeneralAmt
Fundraising$2,207FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$13,200TotalAmt
Program Services$12,235ProgramServicesAmt
Management And General$965ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$431,172TotalAmt
Program Services$399,662ProgramServicesAmt
Management And General$31,510ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$39,512TotalAmt
Program Services$29,780ProgramServicesAmt
Management And General$9,732ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$82,465TotalAmt
Program Services$82,465ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,322,058TotalAmt
Program Services$1,147,092ProgramServicesAmt
Management And General$174,966ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$181,932TotalAmt
Program Services$157,849ProgramServicesAmt
Management And General$24,083ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$30,494TotalAmt
Program Services$24,659ProgramServicesAmt
Management And General$5,758ManagementAndGeneralAmt
Fundraising$77FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
REPAIRS AND MAINTENANCE$547,176$474,565$72,611
SUPPLIES AND INSTR AIDS$334,604$265,522$69,082
MISCELLANEOUS$161,922$130,940$30,572$410
CO-CURRICULAR ACTIVITIES$157,459$157,459

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$176,797TotalAmt
Program Services$142,968ProgramServicesAmt
Management And General$33,382ManagementAndGeneralAmt
Fundraising$447FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$11,013,006TotalAmt
Program Services$9,435,718ProgramServicesAmt
Management And General$1,509,565ManagementAndGeneralAmt
Fundraising$67,723FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,457,831BOYAmt
EOY$1,449,275EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$10,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$395,383BOYAmt
EOY$512,703EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$114,711BOYAmt
EOY$128,403EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,247,718LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$641,074LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$387,082BOYAmt
EOY$606,644EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$23,179,366BOYAmt
EOY$29,578,876EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$25,534,373BOYAmt
EOY$32,285,901EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$315,261BOYAmt
EOY$487,971EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$4,808BOYAmt
EOY$2,644EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,896,873BOYAmt
EOY$29,837,731EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,216,942BOYAmt
EOY$30,328,346EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,317,431BOYAmt
EOY$1,957,555EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,317,431BOYAmt
EOY$1,957,555EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$25,534,373BOYAmt
EOY$32,285,901EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$640,124ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$77,790OtherCostOrOtherBasisAmt
Depreciation$10,950DepreciationAmt
Book Value$66,840BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$942,125OtherCostOrOtherBasisAmt
Depreciation$630,124DepreciationAmt
Book Value$312,001BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$227,803OtherCostOrOtherBasisAmt
Book Value$227,803BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$606,644TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
OPERATING LEASE - RIGHT-OF-USE ASSET$29,571,876
DEPOSITS$7,000
FieldValueIRS element (for citing)
Total Book Value Other Assets$29,578,876TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
OPERATING LEASE LIABILITY$29,602,725
DEPOSITS HELD FOR OTHERS$137,361
DUE TO RELATED PARTY$97,645
FieldValueIRS element (for citing)
Total Liability$29,837,731TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$11,653,130TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$11,653,130RevenueSubtotalAmt
Total Revenue Per Form990$11,653,130TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$11,013,006TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$11,013,006ExpensesSubtotalAmt
Total Expenses Per Form990$11,013,006TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediafalsePlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, LINE 3THE SCHOOL HAS A STRICT POLICY OF NON-DISCRIMINATION; HOWEVER, AS A CHARTER SCHOOL, IT IS NOT SUBJECT TO THE REQUIREMENTS OF TREASURY REVENUE PROCEDURE 75-50.1975-2C.B.587. RATHER, THE SCHOOL PUBLICIZES ITS POLICIES BY WORD OF MOUTH AND ON THE WEBSITE, THE SCHOOL'S PRIMARY METHODS OF REACHING NEW STUDENTS.
SCHEDULE E, LINE 6THE SCHOOL RECEIVES MONTHLY AID PAYMENTS FROM THE STATE OF ARIZONA BASED ON THE NUMBER OF STUDENTS ENROLLED AND ATTENDING THE SCHOOL. THESE FUNDS ARE USED IN ACCORDANCE WITH REQUIREMENTS SET FORTH BY THE STATE OF ARIZONA. IN ADDITION, GOVERNMENT GRANTS ARE ALSO RECEIVED BY THE SCHOOL.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONAN ARCHWAY CLASSICAL ACADEMY TRIVIUM EAST EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS, AND BEAUTY.
FORM 990, PAGE 1, PART I, LINE 6THE VOLUNTEERS HELP IN CLASSROOMS AND SUPPORT TEACHERS AND STUDENTS.
FORM 990, PART VLINE 2A: ALL PAYROLL, PAYROLL TAXES AND BENEFIT PLANS ARE CENTRALIZED THROUGH THE PARENT ORGANIZATION, GREATHEARTS ARIZONA (EIN 20-2036133). THEREFORE, GREATHEARTS ARIZONA FILES PAYROLL TAX RETURNS UNDER THEIR EMPLOYER TAX IDENTIFICATION NUMBER REPORTING ALL PAYROLL ACTIVITY. PAYROLL RELATED EXPENSES REPORTED ON THIS RETURN REPRESENTS AN ALLOCATION OF SALARIES AND WAGES PAID BY THE ENTITY.
FORM 990, PART VICERTAIN FUNCTIONS OF MULTIPLE SCHOOLS IN THE GREATHEARTS NETWORK ARE ALSO PROVIDED TO THE SCHOOL BY GREATHEARTS ARIZONA, THE SCHOOL'S TAX EXEMPT SOLE MEMBER.
FORM 990, PAGE 6, PART VI, LINE 6THE SOLE MEMBER OF THE ACADEMY IS GREATHEARTS ARIZONA AN ORGANIZATION EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).
FORM 990, PAGE 6, PART VI, LINE 7ATHE SCHOOL'S TAX-EXEMPT SOLE MEMBER APPOINTS THE SCHOOL'S DIRECTORS, FILLS VACANCIES ON THE BOARD, AND MAY REMOVE DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 7BTHE SCHOOL'S TAX-EXEMPT SOLE MEMBER RETAINS APPROVAL RIGHTS OVER KEY DECISIONS SUCH AS CHANGES TO THE SCHOOL'S BYLAWS, ARTICLES OF INCORPORATION, EDUCATIONAL PHILOSOPHY, AND SIGNIFICANT FINANCIAL EXPENDITURES (IN EXCESS OF 50,000).
FORM 990, PAGE 6, PART VI, LINE 11BTHE 990 IS PREPARED BY AN EXTERNAL CPA FIRM AND IS REVIEWED INTERNALLY BY THE CFO. AFTER COMPLETING THE CFO REVIEW, THE RETURN IS FINALIZED AND THEN REVIEWED BY THE GREATHEARTS AUDIT COMMITTEE PRIOR TO BEING SIGNED BY THE CFO.
FORM 990, PAGE 6, PART VI, LINE 12CBOARD MEMBERS, OFFICERS AND ALL EMPLOYEES COMPLETE AND SIGN A CONFLICT OF INTEREST AGREEMENT. THESE AGREEMENTS ARE REVIEWED BY HUMAN RESOURACES AND ANY CONFLICTS ARE IDENTIFIED AND REPORTED TO THE AUDITORS AND THE BOARD TO MONITOR.
FORM 990, PAGE 6, PART VI, LINE 15ASUBJECT TO THE SCHOOL'S CONFLICT OF INTEREST POLICY, THE SCHOOL'S TAX- EXEMPT SOLE MEMBER AND THE SCHOOL'S BOARD APPROVE THE COMPENSATION OF KEY STAFF SUCH AS HEADMASTER AND ASSISTANCE HEADMASTER.
FORM 990, PAGE 6, PART VI, LINE 15BEMPLOYEES AND FACULTY ARE DETERMINED BASED ON INDEPENDENT COMPENSATION STUDIES AND SALARIES OF COMPARABLE NON-PROFIT ORGANIZATIONS.
FORM 990, PAGE 6, PART VI, LINE 19ALL BOARD MEETINGS ARE POSTED IN ADVANCE IN ACCORDANCE WITH ARIZONA OPEN MEETING LAWS. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE BOTH AT THE MEETING OR FOLLOWING THE MEETING AND UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (27 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
ARCHWAY CLASSICAL ACADEMY ARETE
4717 E HILTON AVE STE 300PHOENIXAZ85034464061128EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL ACADEMY CHANDLER
4717 E HILTON AVE STE 300PHOENIXAZ85034273723907EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL ACADEMY CICERO
4717 E HILTON AVE STE 300PHOENIXAZ85034464065855EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL ACADEMY GLENDALE
4717 E HILTON AVE STE 300PHOENIXAZ85034461014697EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL ACADEMY LINCOLN
4717 E HILTON AVE STE 300PHOENIXAZ85034471706688EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL ACADEMY VERITAS
4717 E HILTON AVE STE 300PHOENIXAZ85034273364820EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL NORTH PHOENIX
4717 E HILTON AVE STE 300PHOENIXAZ85034273364871EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL SCOTTSDALE
4717 E HILTON AVE STE 300PHOENIXAZ85034273364842EDUCATIONAZ32GH AMERICAfalse
ROOSEVELT PREPARATORY ACADEMY
4717 E HILTON AVE STE 300PHOENIXAZ85034471762959EDUCATIONAZ32GH AMERICAfalse
ARCHWAY CLASSICAL ACADEMY TRIVIUM
4717 E HILTON AVE STE 300PHOENIXAZ85034273364743EDUCATIONAZ32GH AMERICAfalse
ARETE PREPARATORY ACADEMY
4717 E HILTON AVE STE 300PHOENIXAZ85034205332933EDUCATIONAZ32GH AMERICAfalse
CHANDLER PREPARATORY ACADEMY
4717 E HILTON AVE STE 300PHOENIXAZ85034202075176EDUCATIONAZ32GH AMERICAfalse
CICERO PREPARATORY ACADEMY
4717 E HILTON AVE STE 300PHOENIXAZ85034464096974EDUCATIONAZ32GH AMERICAfalse
GLENDALE PREPARATORY ACADEMY
4717 E HILTON AVE STE 300PHOENIXAZ85034208760987EDUCATIONAZ32GH AMERICAfalse
LINCOLN PREPARATORY ACADEMY
4717 E HILTON AVE STE 300PHOENIXAZ85034471674469EDUCATIONAZ32GH AMERICAfalse
MARYVALE PREPARATORY ACADEMY
4717 E HILTON AVE STE 300PHOENIXAZ85034273289377EDUCATIONAZ32GH AMERICAfalse
NORTH PHOENIX PREPARATORY ACADEMY
4717 E HILTON AVE STE 300PHOENIXAZ85034273322474EDUCATIONAZ32GH AMERICAfalse
SCOTTSDALE PREPARATORY ACADEMY
4717 E HILTON AVE STE 300PHOENIXAZ85034208778703EDUCATIONAZ32GH AMERICAfalse
ANTHEM PREPARATORY ACADEMY
4717 E HILTON AVE STE 300PHOENIXAZ85034270375682EDUCATIONAZ32GH AMERICAfalse
TRIVIUM PREPARATORY ACADEMY
4717 E HILTON AVE STE 300PHOENIXAZ85034273289295EDUCATIONAZ32GH AMERICAfalse
VERITAS PREPARATORY ACADEMY
4717 E HILTON AVE STE 300PHOENIXAZ85034050527441EDUCATIONAZ32GH AMERICAfalse
GREATHEARTS ARIZONA
4717 E HILTON AVE STE 300PHOENIXAZ85034202036133EDUCATIONAZ37GH AMERICAfalse
GREATHEARTS AMERICA
4717 E HILTON AVE STE 300PHOENIXAZ85034454306715EDUCATIONAZ37falseN/A
GREATHEARTS AMERICA-TEXAS
4717 E HILTON AVE STE 300PHOENIXAZ85034431973126EDUCATIONTX32GH AMERICAfalse
THE GREATHEARTS FOUNDATION INC
4717 E HILTON AVE STE 300PHOENIXAZ85034823809856SUPPORTAZ312AGH AMERICAfalse
GREAT HEARTS LOUISIANA
11801 BLUEBONNET BLVDBATON ROUGELA70810862990158EDUCATIONLA312AGH AMERICAfalse
GREAT HEARTS PROPERTIES LOUISIANA
4717 E HILTON AVE STE 300PHOENIXAZ85034872836576SUPPORTLA312AGH LOUISIAfalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (true)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
GREATHEARTS ARIZONA
O$6,661,577FMV
GREATHEARTS ARIZONA
P$872,638FMV
GREATHEARTS ARIZONA
C$1,300,000FMV
GREATHEARTS ARIZONA
K$1,322,058FMV

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