LEADERSHIP PREPARATORY INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: LEADERSHIP PREPARATORY INC (EIN 46-4280290)
Tax period: 2019-07-01 to 2020-06-30
Filed: 2020-12-18
IRS object ID: 202003539349300320
Schema version: 2019v5.1
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 O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-12-18T15:40:27-06:00	ReturnTs
Tax Period End	2020-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	621657946	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CANNON WRIGHT BLOUNT PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	756 RIDGE LAKE BLVD SUITE 100	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38120	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	464280290	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LEADERSHIP PREPARATORY INC DBA	BusinessNameLine1Txt
Business Name Line2	LEADERSHIP PREPARATORY CHARTER SCHOOL	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	LEAD	BusinessNameControlTxt
Phone	9013783917	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4190 ELLISTON ROAD	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38111	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RUBY POWELL-DENNIS	PersonNm
Person Title	BOARD CHAIR	PersonTitleTxt
Phone	9013783917	PhoneNum
Signature	2020-12-18	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	STEPHANIE L LIVINGSTON CPA	PreparerPersonNm
PTIN	P00235829	PTIN
Phone	9016857500	PhoneNum
Preparation	2020-12-18	PreparationDt

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	VALISSIA ALLEN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4190 ELLISTON ROAD	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38111	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$3,322,720	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	LEADMEMPHIS.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2014	FormationYr
Legal Domicile State	TN	LegalDomicileStateCd
Activity Or Mission	LEADERSHIP PREPARATORY CHARTER SCHOOL IS AN ACADEMICALLY CHALLENGING, DISCIPLINED, SUPPORTIVE, AND JOYFUL SCHOOL. OUR MISSION IS TO PROVIDE K-8 STUDENTS WITH THE ACADEMIC AND CHARACTER FOUNDATION NECESSARY TO EXCEL IN HIGH SCHOOL, GRADUATE FROM COLLEGE, AND LEAD IN THEIR COMMUNITIES. AUTHORIZED BY THE SHELBY COUNTY BOARD OF EDUCATION, LEADERSHIP PREP OPENED ITS DOORS TO AN INAUGURAL CLASS OF 60 KINDERGARTEN STUDENTS AND 60 FIRST GRADE STUDENTS ON AUGUST 10, 2015. EACH YEAR, WE WILL GROW BY ONE GRADE UNTIL WE REACH OUR FULL CAPACITY AS A K-8 ELEMENTARY AND MIDDLE SCHOOL IN 2024.LEADERSHIP PREP IS COMMITTED TO PROVIDING A QUALITY EDUCATIONAL OPTION IN SOUTHEAST MEMPHIS AND ELIMINATING THE POWER OF DEMOGRAPHIC BIAS ON STUDENT ACHIEVEMENT. LEADERSHIP PREP WILL PROVIDE A RIGOROUS AND SUPPORTIVE EDUCATIONAL OPTION FOR ELEMENTARY AND MIDDLE SCHOOL STUDENTS. WE WILL ACHIEVE OUR MISSION BY ENSURING EVERY STUDENT RECEIVES THE ACADEMIC SKILLS, KNOWLEDGE, AND STRONG CHARACTER FOUNDATION NECESSARY	ActivityOrMissionDesc
Voting Members Governing Body	8	VotingMembersGoverningBodyCnt
Voting Members Independent	8	VotingMembersIndependentCnt
Total Employee	57	TotalEmployeeCnt
Total Volunteers	60	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$2,867,693	PYContributionsGrantsAmt
CY Contributions Grants	$3,287,107	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$4,162	PYInvestmentIncomeAmt
CY Investment Income	$5,264	CYInvestmentIncomeAmt
PY Other Revenue	$52,245	PYOtherRevenueAmt
CY Other Revenue	$30,349	CYOtherRevenueAmt
PY Total Revenue	$2,924,100	PYTotalRevenueAmt
CY Total Revenue	$3,322,720	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,603,881	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$2,030,328	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$749,488	PYOtherExpensesAmt
CY Other Expenses	$877,126	CYOtherExpensesAmt
PY Total Expenses	$2,353,369	PYTotalExpensesAmt
CY Total Expenses	$2,907,454	CYTotalExpensesAmt
PY Revenues Less Expenses	$570,731	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$415,266	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,316,285	TotalAssetsBOYAmt
Total Assets EOY	$3,175,425	TotalAssetsEOYAmt
Total Liabilities BOY	$899,699	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,343,573	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,416,586	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,831,852	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	LEADERSHIP PREPARATORY CHARTER SCHOOL IS AN ACADEMICALLY CHALLENGING, DISCIPLINED, SUPPORTIVE, AND JOYFUL SCHOOL. OUR MISSION IS TO PROVIDE K-8 STUDENTS WITH THE ACADEMIC AND CHARACTER FOUNDATION NECESSARY TO EXCEL IN HIGH SCHOOL, GRADUATE FROM COLLEGE, AND LEAD IN THEIR COMMUNITIES. AUTHORIZED BY THE SHELBY COUNTY BOARD OF EDUCATION, LEADERSHIP PREP OPENED ITS DOORS TO AN INAUGURAL CLASS OF 60 KINDERGARTEN STUDENTS AND 60 FIRST GRADE STUDENTS ON AUGUST 10, 2015. EACH YEAR, WE WILL GROW BY ONE GRADE UNTIL WE REACH OUR FULL CAPACITY AS A K-8 ELEMENTARY AND MIDDLE SCHOOL IN 2024.LEADERSHIP PREP IS COMMITTED TO PROVIDING A QUALITY EDUCATIONAL OPTION IN SOUTHEAST MEMPHIS AND ELIMINATING THE POWER OF DEMOGRAPHIC BIAS ON STUDENT ACHIEVEMENT. LEADERSHIP PREP WILL PROVIDE A RIGOROUS AND SUPPORTIVE EDUCATIONAL OPTION FOR ELEMENTARY AND MIDDLE SCHOOL STUDENTS. WE WILL ACHIEVE OUR MISSION BY ENSURING EVERY STUDENT RECEIVES THE ACADEMIC SKILLS, KNOWLEDGE, AND STRONG CHARACTER FOUNDATION NECESSARY	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,860,051	ExpenseAmt
Desc	LEADERSHIP PREP'S HEAD OF SCHOOL LEADS CRITICAL SCHOOL TASKS NECESSARY FOR CONTINUED SCHOOL GROWTH AND ACHIEVEMENT: CRITICAL PROJECTS SUPERVISED BY THE HEAD OF SCHOOL DURING THIS TIME INCLUDED THE FOLLOWING:1. PROVIDE EDUCATIONAL SERVICES TO 352 STUDENTS IN GRADES K-6;2. HOLD MONTHLY BOARD, PARENT AND COMMUNITY STAKEHOLDER MEETINGS TO PROVIDE UPDATES ON OUR WORK;3. LEAD EFFORTS TO PREPARE THE SCHOOL FOR YEARLY EXPANSION/GROWTH BY HIRING STAFF, ORDERING CURRICULUM AND EQUIPMENT.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	VISION FOR THE NEXT FISCAL YEAR: LEADERSHIP PREP IS COMMITTED TO PROVIDING A QUALITY EDUCATIONAL OPTION IN SOUTHEAST MEMPHIS AND ELIMINATING THE POWER OF DEMOGRAPHIC BIAS ON STUDENT ACHIEVEMENT. AUTHORIZED BY THE SHELBY COUNTY BOARD OF EDUCATION, LEADERSHIP PREP OPENED ITS DOORS TO AN INAUGURAL CLASS OF 60 KINDERGARTEN STUDENTS AND 60 FIRST GRADE STUDENTS ON AUGUST 10, 2015. EACH YEAR, WE WILL GROW BY ONE GRADE UNTIL WE REACH OUR FULL CAPACITY AS A K-8 ELEMENTARY AND MIDDLE SCHOOL IN 2024. LEADERSHIP PREP WILL PROVIDE A RIGOROUS AND SUPPORTIVE EDUCATIONAL OPTION FOR ELEMENTARY AND MIDDLE SCHOOL STUDENTS. WE WILL ACHIEVE OUR MISSION BY ENSURING EVERY STUDENT RECEIVES THE ACADEMIC SKILLS, KNOWLEDGE, AND STRONG CHARACTER FOUNDATION NECESSARY TO SET THEM ON THE PATH TO COLLEGE.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$1,860,051	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	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	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	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	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	13	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	57	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	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
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	8	GoverningBodyVotingMembersCnt
Independent Voting Member	8	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	0	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Own Website	Yes (X)	OwnWebsiteInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EDTEC INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6157635950	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	700 12TH AVE S 103	AddressLine1Txt
City	NASHVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37203	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
VALISSIA ALLEN
EXECUTIVE DIRECTOR/HEAD OF	40.00	Yes (X)	Yes (X)	$82,867	$0	$2,645
RUBY POWELL-DENNIS
CHAIRMAN	2.00	Yes (X)	Yes (X)	$0	$0	$0
NANCY RUSSELL
TREASURER	2.00	Yes (X)	Yes (X)	$0	$0	$0
TORIA BROWN
SECRETARY	2.00	Yes (X)	Yes (X)	$0	$0	$0
CHRIS LAZARINI
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
COLBY MITCHELL
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
GARNER WILLIAMS
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
WILLIAM BYRD
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
ASHLEY DAVIS
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$82,867	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$2,645	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Government Grants	$3,167,754	GovernmentGrantsAmt
All Other Contributions	$119,353	AllOtherContributionsAmt
Total Contributions	$3,287,107	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,264	TotalRevenueColumnAmt
Exclusion	$5,264	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	FEES & UNIFORMS	Desc
Business	900099	BusinessCd
Total Revenue Column	$30,349	TotalRevenueColumnAmt
Exclusion	$30,349	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$30,349	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,322,720	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$35,613	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$83,899	TotalAmt
Management And General	$83,899	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,635,123	TotalAmt
Program Services	$1,176,615	ProgramServicesAmt
Management And General	$458,508	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$24,043	TotalAmt
Management And General	$24,043	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$160,019	TotalAmt
Program Services	$109,528	ProgramServicesAmt
Management And General	$50,491	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$127,244	TotalAmt
Program Services	$87,094	ProgramServicesAmt
Management And General	$40,150	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$13,800	TotalAmt
Management And General	$13,800	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$118,251	TotalAmt
Program Services	$103,141	ProgramServicesAmt
Management And General	$15,110	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$216,417	TotalAmt
Program Services	$58,912	ProgramServicesAmt
Management And General	$157,505	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$88,243	TotalAmt
Program Services	$75,007	ProgramServicesAmt
Management And General	$13,236	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$44,637	TotalAmt
Management And General	$44,637	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$209,529	TotalAmt
Program Services	$178,100	ProgramServicesAmt
Management And General	$31,429	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt	Program ServicesProgramServicesAmt
JANITORIAL SERVICES	$67,314	$67,314
PROFESSIONAL DEVELOPMEN	$25,007		$25,007
MISCELLANEOUS EXPENSE	$20,464	$20,464
RECRUITING	$17,710		$17,710

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$55,754	TotalAmt
Program Services	$28,937	ProgramServicesAmt
Management And General	$26,817	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,907,454	TotalAmt
Program Services	$1,860,051	ProgramServicesAmt
Management And General	$1,047,403	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,222,847	BOYAmt
EOY	$1,793,368	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$19,815	BOYAmt
EOY	$46,591	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$70,967	BOYAmt
EOY	$50,799	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$21,119	BOYAmt
EOY	$54,576	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,570,477	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$598,420	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$792,826	BOYAmt
EOY	$972,057	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$188,711	BOYAmt
EOY	$258,034	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,316,285	BOYAmt
EOY	$3,175,425	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$30,161	BOYAmt
EOY	$99,814	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$827,722	BOYAmt
EOY	$1,162,711	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$41,816	BOYAmt
EOY	$81,048	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$899,699	BOYAmt
EOY	$1,343,573	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	$1,337,297	BOYAmt
EOY	$1,698,432	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$79,289	BOYAmt
EOY	$133,420	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,416,586	BOYAmt
EOY	$1,831,852	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,316,285	BOYAmt
EOY	$3,175,425	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$415,266	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
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	0	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

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,900	OtherCostOrOtherBasisAmt
Book Value	$4,900	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$957,666	OtherCostOrOtherBasisAmt
Depreciation	$427,142	DepreciationAmt
Book Value	$530,524	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$68,202	OtherCostOrOtherBasisAmt
Depreciation	$21,277	DepreciationAmt
Book Value	$46,925	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$539,709	OtherCostOrOtherBasisAmt
Depreciation	$150,001	DepreciationAmt
Book Value	$389,708	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$972,057	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDesc	Book ValueBookValueAmt
SECURITY DEPOSIT	$2,500
DEFERRED OUTFLOWS OF RESOURCES	$87,657
NET PENSION ASSET (LIABILITY) ACCOUNT	$167,877

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$258,034	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	DEFERRED INFLOWS OF RESOURCES	Desc
Amt	$81,048	Amt

Field	Value	IRS element (for citing)
Total Liability	$81,048	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$3,322,720	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$3,322,720	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$3,322,720	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,907,454	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$2,907,454	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$2,907,454	TotalExpensesPerForm990Amt

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	EACH STAFF MEMBER AND STUDENT GUARDIAN IS PROVIDED WITH A HANDBOOK THAT OUTLINES OUR NONDISCRIMINATORY POLICY. ADDITIONALLY, OUR NONDISCRIMINATORY POLICY IS LISTED ON OUR WEBSITE AND ALL JOB POSTING ANNOUNCEMENTS.
SCHEDULE E, PART I, LINE 6	THROUGH ITS CHARTER SCHOOLS PROGRAM (CSP), THE U.S. DEPARTMENT OF EDUCATION MAKES GRANTS DIRECTLY TO A STATE'S DEPARTMENT OF EDUCATION WHICH THEN SUBGRANTS THE FUNDS TO CHARTER SCHOOLS WITHIN ITS STATE.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE BOARD FINANCE COMMITTEE MUST REVIEW THE FORM PRIOR TO PRESENTATION TO THE ENTIRE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 12C	BOARD OF DIRECTORS SIGN A CONTRACT OBLIGATING THEM TO DISCLOSE CONFLICTS. THE GOVERNANCE COMMITTEE REGULARLY MEETS TO VET AND DISCUSS POSSIBLE CONFLICTS.
FORM 990, PART VI, SECTION B, LINE 15A	HEAD OF SCHOOL'S COMPENSATION WAS APPROVED BY THE BOARD OF DIRECTORS AFTER REVIEWING SALARIES OF ORGANIZATIONS WITH SIMILAR STRUCTURES.
FORM 990, PART VI, SECTION C, LINE 19	THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANICAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THOUGH THE ORGANIZATION'S WEBSITE.