COLUMBUS ACADEMY: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- COLUMBUS ACADEMY (EIN 31-4379445)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-01-28
- IRS object ID
- 202210289349300031
- Schema version
- 2020v4.1
- 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 I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-01-28T13:55:38-06:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 314419361 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN GERLACH & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 37 W BROAD ST STE 800 | AddressLine1Txt |
| City | COLUMBUS | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43215 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 314379445 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE COLUMBUS ACADEMY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COLU | BusinessNameControlTxt |
| Phone | 6145092227 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4300 CHERRY BOTTOM ROAD | AddressLine1Txt |
| City | GAHANNA | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43230 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARGARET A KOERNER | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 6145092227 | PhoneNum |
| Signature | 2021-11-22 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARGARET | PersonFirstNm |
| Person Last | KOERNER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JON YERIAN CPA | PreparerPersonNm |
| PTIN | P00575540 | PTIN |
| Phone | 6142242164 | PhoneNum |
| Preparation | 2022-01-28 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MELISSA SODERBERG | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4300 CHERRY BOTTOM ROAD | AddressLine1Txt |
| City | GAHANNA | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43230 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $62,191,176 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.COLUMBUSACADEMY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1911 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 376 | TotalEmployeeCnt |
| Total Volunteers | 856 | TotalVolunteersCnt |
| Total Gross UBI | $774 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,696,493 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,039,269 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $30,571,887 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $30,824,029 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,090,548 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,910,729 | CYInvestmentIncomeAmt |
| PY Other Revenue | $202,084 | PYOtherRevenueAmt |
| CY Other Revenue | $310,422 | CYOtherRevenueAmt |
| PY Total Revenue | $37,561,012 | PYTotalRevenueAmt |
| CY Total Revenue | $39,084,449 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,432,750 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,695,795 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $22,441,607 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $22,704,696 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $661,070 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,703,649 | PYOtherExpensesAmt |
| CY Other Expenses | $11,560,080 | CYOtherExpensesAmt |
| PY Total Expenses | $36,578,006 | PYTotalExpensesAmt |
| CY Total Expenses | $39,960,571 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $983,006 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$876,122 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $98,144,040 | TotalAssetsBOYAmt |
| Total Assets EOY | $107,517,374 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $25,833,546 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $26,394,597 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $72,310,494 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $81,122,777 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $32,924,697 | ExpenseAmt |
| Grant | $5,695,795 | GrantAmt |
| Revenue | $30,848,941 | RevenueAmt |
| Desc | COLLEGE PREPARATORY INSTRUCTION OF STUDENTS FROM 3 YEARS OLD THROUGH 12TH GRADE. TOTAL ENROLLMENT IS 1,162, OF WHICH 154 ARE MINORITIES. 297 STUDENTS RECEIVED TUITION ASSISTANCE BASED ON NEED AND 1,134 RECEIVED DISCOUNTS DUE TO COVID. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $0 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | SUMMER SCHOOL AND DAY CAMP PROGRAMS (JUNE, JULY & AUGUST) WERE SUSPENDED FOR THE YEAR, DUE TO THE PANDEMIC. NORMALLY, OVER 1,800 ATTEND COURSES WHICH INCLUDE KEYBOARDING, ART FROM ALL ANGLES, STUDY SKILLS, AND ROBOTICS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $32,924,697 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 76 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 376 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARGARET A KOERNER CHIEF FINANCIAL OFFICER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6145092227 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4300 CHERRY BOTTOM ROAD | AddressLine1Txt |
| City | GAHANNA | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 432300745 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| MR JONATHAN KASS | ||||||||
| PRESIDENT/TRUSTEE | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MS SANDY DOYLE-AHERN | ||||||||
| VICE PRESIDENT/TRUSTEE | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MS SUSAN S WILLIAMS PHD | ||||||||
| SECRETARY/TRUSTEE | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MS CHRISTINE FREYTAG | ||||||||
| TREASURER/TRUSTEE | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MR VICTOR THORNE | ||||||||
| IMMEDIATE PAST PRESIDENT | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| DR RITA AGRAWAL | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MR KEVIN BARNEY | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MS TANISHA LYON BROWN | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MS BETH FISHER | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| DR RONDA GAISER | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MR MATTHEW HARRIS | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MR CHING-CHU HU | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MR J KLAY HUDDLESTON | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MS KAREN JENNINGS | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MS TRACIE KLINEFELTER | ||||||||
| PACA REPRESENTATIVE (NON-VOTING) | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MR KEVIN MALHAME | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MS JESSICA CHI NIMJEE | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MR NILES OVERLY | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MR BILL PORTER | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MS JENNIFER SALOPEK | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MR GEORGE SKESTOS | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MR CRAIG TANN | ||||||||
| ALUMNI BOARD PRESIDENT (NON-VOTING) | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| DR PANKAJ TIWARI | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MR MATTHEW ZEIGER | ||||||||
| TRUSTEE | 6.00 | Yes (X) | $0 | $0 | $0 | |||
| MRS MARGARET KOERNER | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $213,150 | $0 | $43,055 | |||
| MS MELISSA SODERBERG | ||||||||
| HEAD OF SCHOOL | 40.00 | $461,306 | $0 | $55,411 | Yes (X) | |||
| MR ERICH HUNKER | ||||||||
| ASST HEAD OF SCHOOL FOR DEVELOPMENT/EXT RELATIONS | 40.00 | $193,850 | $0 | $39,522 | Yes (X) | |||
| MR MARK HANSEN | ||||||||
| LOWER SCHOOL HEAD | 40.00 | $166,500 | $0 | $45,928 | Yes (X) | |||
| MR DOUG BENNETT | ||||||||
| FACILITIES DIRECTOR | 40.00 | $157,250 | $0 | $29,694 | Yes (X) | |||
| MS CORINNA IZOKAITIS | ||||||||
| UPPER SCHOOL HEAD | 40.00 | $154,690 | $0 | $61,157 | Yes (X) | |||
| MR JOHN WUORINEN | ||||||||
| DIRECTOR OF ADMISSIONS & TUITION ASSISTANCE | 40.00 | $150,250 | $0 | $35,311 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,496,996 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $310,078 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 20 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CONTINENTAL BUILDING SYSTEMS | |||||
| 150 E BROAD ST | COLUMBUS | OH | 43215 | CONSTRUCTION | $2,492,354 |
| SAGE DINING SERVICES | |||||
| 1402 YORK RD STE 100 | LUTHERVILLE | MD | 21093 | DINING SERVICES | $884,903 |
| OHIO CUSTODIAL MANAGEMENT | |||||
| PO BOX 78000 | DETROIT | MI | 482781940 | HOUSEKEEPING | $466,062 |
| OHIO EQUITIES MANAGEMENT | |||||
| 605 SOUTH FRONT STREET STE 200 | COLUMBUS | OH | 43215 | MAINTENANCE SERVICES | $408,506 |
| COGNITIVE MARKETING | |||||
| 1130 HIGHLAND AVE | ROCHESTER | NY | 14620 | WEB DESIGN/MAINTENANCE | $371,736 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $15,500 | FundraisingAmt |
| Government Grants | $2,055,607 | GovernmentGrantsAmt |
| All Other Contributions | $2,968,162 | AllOtherContributionsAmt |
| Noncash Contributions | $244,995 | NoncashContributionsAmt |
| Total Contributions | $5,039,269 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611600 | $30,727,195 | $30,727,195 |
| CARE AFTER SCHOOL, TUTORING & SPR | 611600 | $96,834 | $96,834 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $30,824,029 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,465,952 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $244 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,465,708 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $84 | TotalRevenueColumnAmt |
| Exclusion | $84 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $42,195 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $42,195 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,195 | TotalRevenueColumnAmt |
| Exclusion | $42,195 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $24,466,317 | SecuritiesAmt |
| Other | $14,648 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $22,992,386 | SecuritiesAmt |
| Other | $43,802 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,473,931 | SecuritiesAmt |
| Other | -$29,154 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,444,777 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$21 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,444,798 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $12,600 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $15,500 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $11,356 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,244 | TotalRevenueColumnAmt |
| Exclusion | $1,244 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $52,095 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $59,183 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$7,088 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$7,088 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| WORKERS' COMP GRANTS | 900099 | $171,016 | $171,016 | |
| REIMBURSEMENTS | 900099 | $70,000 | $70,000 | |
| FORFEITED ENROLLMENT DEPOSITS | 611600 | $32,000 | $32,000 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $971 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $551 | UnrelatedBusinessRevenueAmt |
| Exclusion | $420 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $273,987 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $39,084,449 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $30,848,941 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $774 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,195,465 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,695,795 | TotalAmt |
| Program Services | $5,695,795 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $686,081 | TotalAmt |
| Management And General | $686,081 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,918,556 | TotalAmt |
| Program Services | $12,491,052 | ProgramServicesAmt |
| Management And General | $3,068,888 | ManagementAndGeneralAmt |
| Fundraising | $358,616 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,069,885 | TotalAmt |
| Program Services | $852,090 | ProgramServicesAmt |
| Management And General | $190,749 | ManagementAndGeneralAmt |
| Fundraising | $27,046 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,794,913 | TotalAmt |
| Program Services | $3,448,376 | ProgramServicesAmt |
| Management And General | $311,712 | ManagementAndGeneralAmt |
| Fundraising | $34,825 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,235,261 | TotalAmt |
| Program Services | $937,811 | ProgramServicesAmt |
| Management And General | $272,735 | ManagementAndGeneralAmt |
| Fundraising | $24,715 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,500 | TotalAmt |
| Program Services | $64,500 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $459,096 | TotalAmt |
| Management And General | $459,096 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,825 | TotalAmt |
| Management And General | $62,825 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $381,808 | TotalAmt |
| Program Services | $182,251 | ProgramServicesAmt |
| Management And General | $152,776 | ManagementAndGeneralAmt |
| Fundraising | $46,781 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $247,947 | TotalAmt |
| Program Services | $12,566 | ProgramServicesAmt |
| Management And General | $235,381 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,703,389 | TotalAmt |
| Program Services | $1,444,245 | ProgramServicesAmt |
| Management And General | $169,497 | ManagementAndGeneralAmt |
| Fundraising | $89,647 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $598,722 | TotalAmt |
| Program Services | $580,241 | ProgramServicesAmt |
| Management And General | $18,481 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,967,652 | TotalAmt |
| Program Services | $1,967,652 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155,736 | TotalAmt |
| Program Services | $133,862 | ProgramServicesAmt |
| Management And General | $16,568 | ManagementAndGeneralAmt |
| Fundraising | $5,306 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $327,443 | TotalAmt |
| Program Services | $318,154 | ProgramServicesAmt |
| Management And General | $9,289 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $433,078 | TotalAmt |
| Program Services | $433,078 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,908,923 | TotalAmt |
| Program Services | $2,338,774 | ProgramServicesAmt |
| Management And General | $511,971 | ManagementAndGeneralAmt |
| Fundraising | $58,178 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,009 | TotalAmt |
| Program Services | $52,009 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| UNRELATED BUSINESS INCO | $3,854 | $3,854 | |
| CONTRACTED SERVICES | $1,508,198 | $1,508,198 | |
| SCHOOL EQUIPMENT R&M | $437,128 | $437,128 | |
| MISCELLANEOUS EXPENSES | $123,951 | $113,541 | $10,410 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,821 | TotalAmt |
| Program Services | $16,505 | ProgramServicesAmt |
| Management And General | $91,360 | ManagementAndGeneralAmt |
| Fundraising | $15,956 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,960,571 | TotalAmt |
| Program Services | $32,924,697 | ProgramServicesAmt |
| Management And General | $6,374,804 | ManagementAndGeneralAmt |
| Fundraising | $661,070 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,098,108 | BOYAmt |
| EOY | $2,451,767 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,936,310 | BOYAmt |
| EOY | $6,190,844 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,499,159 | BOYAmt |
| EOY | $2,087,802 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $168,598 | BOYAmt |
| EOY | $704,396 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,000 | BOYAmt |
| EOY | $100,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $833,288 | BOYAmt |
| EOY | $1,145,077 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $79,899,677 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $35,638,137 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,218,103 | BOYAmt |
| EOY | $44,261,540 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,448,744 | BOYAmt |
| EOY | $47,224,625 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,791,730 | BOYAmt |
| EOY | $3,351,323 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,144,040 | BOYAmt |
| EOY | $107,517,374 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,479,181 | BOYAmt |
| EOY | $5,243,661 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,633,683 | BOYAmt |
| EOY | $4,243,305 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,351,607 | BOYAmt |
| EOY | $15,973,914 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,369,075 | BOYAmt |
| EOY | $933,717 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,833,546 | BOYAmt |
| EOY | $26,394,597 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,657,758 | BOYAmt |
| EOY | $36,789,077 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,652,736 | BOYAmt |
| EOY | $44,333,700 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,310,494 | BOYAmt |
| EOY | $81,122,777 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,144,040 | BOYAmt |
| EOY | $107,517,374 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$876,122 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $9,331,379 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $357,026 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $41,435,105 | BeginningYearBalanceAmt |
| Contributions | $317,695 | ContributionsAmt |
| Investment Earnings Or Losses | $12,195,899 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,515,512 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,009,669 | OtherExpendituresAmt |
| Administrative Expenses | $62,825 | AdministrativeExpensesAmt |
| End Year Balance | $51,360,693 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $43,427,088 | BeginningYearBalanceAmt |
| Contributions | $507,660 | ContributionsAmt |
| Investment Earnings Or Losses | -$486,248 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,199,478 | GrantsOrScholarshipsAmt |
| Other Expenditures | $755,530 | OtherExpendituresAmt |
| Administrative Expenses | $58,387 | AdministrativeExpensesAmt |
| End Year Balance | $41,435,105 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $43,293,838 | BeginningYearBalanceAmt |
| Contributions | $174,759 | ContributionsAmt |
| Investment Earnings Or Losses | $1,961,634 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,154,500 | GrantsOrScholarshipsAmt |
| Other Expenditures | $790,646 | OtherExpendituresAmt |
| Administrative Expenses | $57,997 | AdministrativeExpensesAmt |
| End Year Balance | $43,427,088 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $41,722,502 | BeginningYearBalanceAmt |
| Contributions | $116,630 | ContributionsAmt |
| Investment Earnings Or Losses | $3,373,080 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,108,564 | GrantsOrScholarshipsAmt |
| Other Expenditures | $752,557 | OtherExpendituresAmt |
| Administrative Expenses | $57,253 | AdministrativeExpensesAmt |
| End Year Balance | $43,293,838 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,162,516 | BeginningYearBalanceAmt |
| Contributions | $262,688 | ContributionsAmt |
| Investment Earnings Or Losses | $5,233,155 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,059,300 | GrantsOrScholarshipsAmt |
| Other Expenditures | $822,188 | OtherExpendituresAmt |
| Administrative Expenses | $54,369 | AdministrativeExpensesAmt |
| End Year Balance | $41,722,502 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.17979 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.50174 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.31847 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,155,551 | OtherCostOrOtherBasisAmt |
| Book Value | $2,155,551 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $69,558,257 | OtherCostOrOtherBasisAmt |
| Depreciation | $30,054,802 | DepreciationAmt |
| Book Value | $39,503,455 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,172,066 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,583,335 | DepreciationAmt |
| Book Value | $2,588,731 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,803 | OtherCostOrOtherBasisAmt |
| Book Value | $13,803 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $44,261,540 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| CUSTODIAN DEPOSITS | $85,050 |
| INTEREST RATE SWAP | $830,443 |
| OBLIGATION UNDER CAPITAL LEASE | $18,224 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $933,717 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $40,711,131 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $9,331,379 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $70,466 | OtherRevenueAmt |
| Revenue Not Reported | $9,401,845 | RevenueNotReportedAmt |
| Revenue Subtotal | $31,309,286 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $62,825 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $7,712,338 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $7,775,163 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $39,084,449 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $32,336,112 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $100,839 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $100,839 | ExpensesNotReportedAmt |
| Expenses Subtotal | $32,235,273 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $62,825 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $7,662,473 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $7,725,298 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $39,960,571 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED FOR FACULTY AND STAFF SALARIES, FINANCIAL AID, PROFESSIONAL DEVELOPMENT, ATHLETICS, STUDENT NEWSPAPER, AND COMMENCEMENT AWARDS. |
| PART X, LINE 2: | THE ACADEMY DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | STUDENT STORE ACTIVITY EXPENSES, REPORTED ON PART VIII, LINE 10B 59,183. RECOVERY OF PRIOR YEAR UNCOLLECTIBLE RECEIVABLES 11,283. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | STUDENT TUITION ASSISTANCE, REPORTED ON PART IX, LINE 2 3,817,188. STUDENT TUITION REMISSIONS, REPORTED ON PART IX, LINE 9 1,966,679. STUDENT DISCOUNTS FOR COVID, REPORTED ON PART IX, LINE 2 1,878,606. PASS-THROUGH INCOME ADJUSTMENT FOR TAX RETURN 49,865. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | STUDENT STORE ACTIVITY EXPENSES, REPORTED ON PART VIII, LINE 10B 59,183. LOSS ON UNCOLLECTIBLE PLEDGES 41,656. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT TUITION ASSISTANCE, REPORTED ON PART IX, LINE 2 3,817,188. STUDENT TUITION REMISSIONS, REPORTED ON PART IX, LINE 9 1,966,679. STUDENT DISCOUNTS FOR COVID, REPORTED ON PART IX, LINE 2 1,878,606. |
| PART VI, LINE 1E, COLUMN (B) - OTHER: | THE AMOUNT LISTED REPRESENTS ASSETS HELD AS CONSTRUCTION IN PROCESS AT THE END OF THE YEAR. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | A STATEMENT AFFIRMING ITS NONDISCRIMINATORY POLICY WAS PLACED IN ALL ADVERTISEMENTS, BROCHURES, NEWSPAPER ARTICLES, AND OTHER TYPES OF MEDIA MENTIONING THE SCHOOL. |
| SCHEDULE E, PART I, LINE 6 | THE COLUMBUS ACADEMY RECEIVES REIMBURSEMENT FROM THE STATE OF OHIO FOR EXPENSES INCURRED BY THE SCHOOL'S EMPLOYEES IN THE COMPLETION OF CLERICAL AND ADMINISTRATIVE DUTIES REQUIRED BY FEDERAL, STATE OR LOCAL LAWS. IN ADDITION, THE SCHOOL RECEIVES COST REIMBURSEMENT AND SUPPORT FOR TEXTBOOKS, HEALTH AND DIAGNOSTIC SERVICES, AND GUIDANCE AND COUNSELING. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF OUTING | Event1Nm |
| Gross Receipts Event1 | $28,100 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $15,500 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $12,600 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $75 | NonCashPrizesEvent1Amt |
| Food And Beverage Event1 | $2,495 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $8,010 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $776 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $28,100 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $15,500 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $12,600 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $75 | NonCashPrizesTotalEventsAmt |
| Food And Beverage Total Events | $2,495 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $8,010 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $776 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $11,356 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $1,244 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|
| TUITION ASSISTANCE | 297 | $3,817,188 | $0 | N/A | N/A |
| COVID TUITION DISCOUNT | 1134 | $1,878,606 | $0 | N/A | N |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III: | FormAndLineReferenceDesc |
| Explanation | COLUMBUS ACADEMY SELECTS INDIVIDUALS USING NEED-BASED CRITERIA. THE POTENTIAL RECIPIENT'S FAMILY SUBMITS A PACKET OF TUITION ASSISTANCE INFORMATION, INCLUDING PERSONAL INCOME TAX RETURNS. ONE COPY OF THE TUITION ASSISTANCE INFORMATION IS FORWARDED TO AN INDEPENDENT AGENCY TO EVALUATE THE LEVEL OF NEED. ANOTHER COPY OF THE TUITION ASSISTANCE INFORMATION IS EVALUATED BY THE COMMITTEE TO DETERMINE THE ELIGIBILITY FOR TUITION ASSISTANCE BASED ON THE POTENTIAL RECIPIENT'S NEED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MRS MARGARET KOERNER | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $213,150 | $0 | $0 | $0 | $0 | $0 | $21,315 | $0 | $21,740 | $0 | $256,205 | $0 | $0 | $0 |
| MS MELISSA SODERBERG | ||||||||||||||
| HEAD OF SCHOOL | $360,500 | $0 | $0 | $0 | $100,806 | $0 | $35,270 | $0 | $20,141 | $0 | $516,717 | $0 | $0 | $0 |
| MR ERICH HUNKER | ||||||||||||||
| ASST HEAD OF SCHOOL FOR DEVELOPMENT/ | $193,850 | $0 | $0 | $0 | $0 | $0 | $19,385 | $0 | $20,137 | $0 | $233,372 | $0 | $0 | $0 |
| MR MARK HANSEN | ||||||||||||||
| LOWER SCHOOL HEAD | $166,500 | $0 | $0 | $0 | $0 | $0 | $8,325 | $0 | $37,603 | $0 | $212,428 | $0 | $0 | $0 |
| MR DOUG BENNETT | ||||||||||||||
| FACILITIES DIRECTOR | $157,250 | $0 | $0 | $0 | $0 | $0 | $15,725 | $0 | $13,969 | $0 | $186,944 | $0 | $0 | $0 |
| MS CORINNA IZOKAITIS | ||||||||||||||
| UPPER SCHOOL HEAD | $154,690 | $0 | $0 | $0 | $0 | $0 | $10,828 | $0 | $50,329 | $0 | $215,847 | $0 | $0 | $0 |
| MR JOHN WUORINEN | ||||||||||||||
| DIRECTOR OF ADMISSIONS & TUITION ASS | $150,250 | $0 | $0 | $0 | $0 | $0 | $15,225 | $0 | $20,086 | $0 | $185,561 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE COLUMBUS ACADEMY HAS A LOAN AGREEMENT WITH ITS HEAD OF SCHOOL, REFLECTED IN SCHEDULE L, PART II. THIS AGREEMENT PROVIDES FOR THE FORGIVENESS OF THE ANNUAL PRINCIPAL AND INTEREST PAYMENTS, MADE THROUGH INCLUSION IN HER COMPENSATION. FURTHER, THE AGREEMENT ALLOWS FOR A GROSS-UP PAYMENT FOR PAYROLL TAXES AS A RESULT OF THIS INCLUSION, FURTHER REFLECTED IN HER W-2 COMPENSATION. THE TOTAL AMOUNTS FOR THE FORGIVENESS AND GROSS-UP PAYMENT ARE REFLECTED IN SCH. J, PART II, COLUMN B(III). THE COLUMBUS ACADEMY PAYS FOR A SOCIAL CLUB MEMBERSHIP FOR ITS HEAD OF SCHOOL SO THAT SHE IS ABLE TO PERFORM REQUISITE VOLUNTEER AND DONOR ENTERTAINING APPROPRIATE FOR HER LEADERSHIP ROLE TO ADVANCE THE INSTITUTION. EXPENSES SHE INCURS FOR THE PERSONAL USE OF HER MEMBERSHIP ARE INCLUDED IN HER TAXABLE COMPENSATION, REFLECTED IN SCH. J, PART II, COLUMN B(III). |
| PART I, LINE 4B | THE COLUMBUS ACADEMY MAINTAINED A NONQUALIFIED DEFERRED COMPENSATION PLAN FOR ITS HEAD OF SCHOOL, UNDER IRC 457(F). UNDER THE 457(F) PLAN, THE ORGANIZATION INCURRED AN EMPLOYER CONTRIBUTION LIABILITY OF $18,566 DURING THE YEAR. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITY OF GAHANNA OHIO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 316400492 | BondIssuerEIN |
| CUSIP | 000000000 | CUSIPNum |
| Bond Issued | 2019-03-01 | BondIssuedDt |
| Issue Price | $19,000,000 | IssuePriceAmt |
| Purpose | SEE PART VI | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $2,578,040 | RetiredAmt |
| Total Proceeds | $18,676,089 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $144,119 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $10,231,970 | CapitalExpendituresAmt |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | Yes (1) | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PNC BANK NATIONAL | BusinessNameLine1Txt |
| Business Name Line2 | ASSOCIATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 7.000000000000 | TermOfHedgePct |
| Superintegrated Hedge | 0 | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE A, COLUMN (F): | FINANCE (1) THE ACQUISITION, CONSTRUCTION, RENOVATION, AND EQUIPPING OF THE ACADEMY'S ATHLETIC EXPANSION PROJECTS WHICH INCLUDE A NEW FIELDHOUSE, WEIGHT ROOM, TRAINING ROOM, AND MAINTENANCE BUILDING, AS WELL AS ROAD IMPROVEMENTS AT THE CAMPUS LOCATED ON THE REAL PROPERTY LOCATED AT 4300 CHERRY BOTTOM ROAD, GAHANNA, OHIO, AND (2) CERTAIN COSTS AND EXPENSES INCURRED IN CONNECTION WITH THE ISSUANCE OF THE SERIES 2019 BONDS. |
| PART II, LINE 3, COLUMN (A): | THE SERIES 2019 BONDS ARE DRAW DOWN BONDS WITH A TOTAL AGGREGATE PERMISSIBLE DRAW OF $19,000,000. THE CORPORATION HAS COMPLETED DRAWING ON THE BONDS WITH A TOTAL AMOUNT OF $18,676,089 DRAWN AS OF JUNE 30, 2020. |
| PART IV, LINE 2.C, COLUMN (A): | THE 2019 BONDS ARE DRAW DOWN BONDS. THE CORPORATION ONLY DRAWS UPON THE BONDS WHEN IT HAD REIMBURSABLE EXPENSES AND USED SUCH DRAWS TO EITHER IMMEDIATELY PAY SUCH EXPENSES OR TO REIMBURSE ITSELF FOR SUCH EXPENSES. BECAUSE OF THIS THERE ARE NO INVESTMENT EARNINGS ON THE SERIES 2019 BONDS AND THEREFORE NO NEED FOR REBATE. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MS MELISSA SODERBERG | PersonNm |
| Relationship With Org | HEAD OF SCHOOL | RelationshipWithOrgTxt |
| Loan Purpose | TO COVER EDUCATIONAL COSTS. | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $250,000 | OriginalPrincipalAmt |
| Balance Due | $100,000 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | Yes (1) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $100,000 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONTINENTAL BUILDING SYSTEMS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | JONATHAN KASS, BOARD PRES/TRUSTEE, HAS A FAMILY RELATIONSHIP WITH AN OWNER | RelationshipDescriptionTxt |
| Transaction | $2,492,354 | TransactionAmt |
| Transaction | THE SCHOOL HAS A CONSTRUCTION PROJECT CONTRACT WITH CONTINENTAL BUILDING SYSTEMS FOR VARIOUS CAMPUS RENOVATION AND EXPANSION PROJECTS. THE RELATIONSHIP BETWEEN MR. KASS AND THE INTERESTED PERSON WAS PROPERLY DISCLOSED PER THE SCHOOL'S CONFLICT OF INTEREST POLICY, PER PROPER DISCLOSURE ON THE TRUSTEE'S ANNUAL CONFLICT OF INTEREST STATEMENT. PRIOR TO THE BOARD'S CONSIDERATION OF THE CONSTRUCTION PROJECT, MR. KASS AGAIN DISCLOSED HIS CONFLICT AND ABSTAINED FROM VOTING ON MATTERS RELATING TO THE CONSTRUCTION PROJECT. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 26 | ContributionCnt |
| Noncash Contributions Rpt F990 | $244,995 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | STOCK EXCHANGE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 1: | THE COLUMBUS ACADEMY ASPIRES TO BE AN INCLUSIVE COMMUNITY WHERE ALL DIFFERENCES CONSISTENT WITH THE MISSION OF THE SCHOOL ARE VALUED, RESPECTED AND INTEGRATED INTO THE EDUCATION PROCESS. |
| FORM 990, PART III, LINE 1: | THE COLUMBUS ACADEMY - AN INDEPENDENT, COEDUCATIONAL COLLEGE PREPARATORY SCHOOL - ENRICHES ITS ACADEMIC TRADITION OF EXCELLENCE BY VALUING A BROAD DIVERSITY OF STUDENTS AS IT SEEKS TO DEVELOP THE COMPLETE PERSON: MIND, BODY AND CHARACTER. THE SCHOOL REWARDS RIGOROUS EFFORT AND ACCOMPLISHMENT, FOSTERS COMPASSION, RESPECT AND MORAL COURAGE, AND INSISTS ON INTEGRITY, FAIR PLAY AND COMMUNITY SERVICE. THE ACADEMY STRIVES TO DEVELOP AND SUSTAIN A COMMUNITY OF THOUGHTFUL, RESPONSIBLE, CAPABLE AND CONFIDENT CITIZENS EAGER TO ENGAGE IN A PLURALISTIC AND EVER-CHANGING WORLD. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS FIRST REVIEWED BY THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. IT IS THEN E-MAILED TO THE FULL BOARD OF TRUSTEES FOR THEIR REVIEW AND APPROVAL, AND FORMALLY ACCEPTED BY THE FULL BOARD OF TRUSTEES AT ITS NEXT MEETING, PRIOR TO THE FORM'S SUBMISSION TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | AT THE FIRST BOARD MEETING OF EVERY NEW FISCAL YEAR, TRUSTEES AND OFFICERS ARE GIVEN A COPY OF THE CONFLICT OF INTEREST AND ETHICS POLICY. THEY ARE REQUIRED TO COMPLETE A QUESTIONNAIRE THAT DISCLOSES ANY CONFLICTS OF INTEREST, AND SUBMIT THIS SIGNED FORM TO THE ADMINISTRATION. THE ADMINISTRATION FOLLOWS UP WITH TRUSTEES TO ENSURE THAT ALL BOARD MEMBERS SUBMIT THIS SIGNED FORM TO THE SCHOOL. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE REVIEW OF HEAD OF SCHOOL COMPENSATION BY THE BOARD IS BASED UPON THE BOARD'S DETERMINATION OF THE HEAD OF SCHOOL'S PERFORMANCE AS MEASURED AGAINST THE ACADEMY'S MISSION STATEMENT AND STRATEGIC PLAN, AS WELL AS HER SATISFACTION OF PRIOR PERFORMANCE GOALS ESTABLISHED AND APPROVED BY THE BOARD'S NOMINATING AND GOVERNANCE COMMITTEE OR SUCH SUCCESSOR COMMITTEE, CONSIDERATION OF COMPENSATION PRACTICES OF OTHER INDEPENDENT SCHOOLS, AND SUCH OTHER FACTORS DEEMED REASONABLE AND APPROPRIATE BY THE BOARD. COMPENSATION OF OTHER KEY EMPLOYEES OR OFFICERS IS BASED UPON PERFORMANCE AND COMPARATIVE INFORMATION FROM OTHER INDEPENDENT SCHOOLS AT THE LOCAL, REGIONAL, AND NATIONAL LEVELS. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE ORGANIZATION'S FORMS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FURTHER, THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION THROUGH ANOTHER'S WEBSITE, WWW.GUIDESTAR.ORG. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | PASS-THROUGH INCOME ADJUSTMENT FOR TAX RETURN -49,865. FASB 158 ADJUSTMENT 437,264. LOSS ON UNCOLLECTIBLE PLEDGES -41,656. RECOVERY OF PRIOR YEAR BAD DEBT 11,283. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A FINANCE AND AUDIT COMMITTEE THAT OVERSEES THE AUDIT. FURTHER, THIS COMMITTEE INTERVIEWS CANDIDATES FOR THE AUDIT FIRM AND MAKES A RECOMMENDATION BASED ON THIS PROCESS TO THE FULL BOARD OF TRUSTEES. THE FULL BOARD OF TRUSTEES PASSES A RESOLUTION SELECTING THE EXTERNAL AUDITORS. THIS PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. |