STRATEGY STUDIO / PUBLIC DATA EXPLORER

FULTON SCIENCE ACADEMY PRIVATE SCHOOL INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
FULTON SCIENCE ACADEMY PRIVATE SCHOOL INC (EIN 61-1684239)
Tax period
2016-06-01 to 2017-05-31
Filed
2017-10-11
IRS object ID
201702849349301010
Schema version
2016v3.0
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)
Return2017-10-11T09:48:31-05:00ReturnTs
Tax Period End2017-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN581589807PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARSHALL JONES & COBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line126 LENOX POINTE NEAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP303243169ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN611684239EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FULTON SCIENCE ACADEMY PRIVATE SCHOOLBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFULTBusinessNameControlTxt
Phone6783662555PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13035 FANFARE WAYAddressLine1Txt
CityALPHARETTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30009ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAYHAN KORUCUPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6783662555PhoneNum
Signature2017-10-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNATHAN LUMMUSPreparerPersonNm
PTINP02049603PTIN
Phone4042312001PhoneNum
Preparation2017-08-25PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address173.226.11.95IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-10-11IPDt
IP Tm10:39:41IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id1CD4733FA5FE422C6E65DE3F4B7F9C50FAF7496BAtSubmissionCreationDeviceId
At Submission Filing Device Id1CD4733FA5FE422C6E65DE3F4B7F9C50FAF7496BAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerAYHAN KORUCUPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11675 HEMBREE RDAddressLine1Txt
CityALPHARETTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30009ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,523,021GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FULTONSCIENCEACADEMY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateGALegalDomicileStateCd
Activity Or MissionFULTON SCIENCE ACADEMY PRIVATE SCHOOL IS LOCATED IN ALPHARETTA, THE TECHNOLOGY CITY OF GEORGIA, AND SERVES STUDENTS IN PRE-K THROUGH 8TH GRADE. FSAPS IS UNIQUE DUE TO ITS HIGH POPULATION OF ADVANCED AND GIFTED STUDENTS. FSAPS PROVIDES ITS STUDENTS THE OPPORTUNITY TO GROW, LEARN, AND PLAY IN AN ENVIRONMENT CONDUCIVE TO FOSTERING ACADEMIC GROWTH. OUR SCHOOL HAS DEVELOPED A HIGH QUALITY ADVANCED ACADEMIC PROGRAM EMPHASIZING S.T.E.A.M. (SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATHEMATICS) CURRICULUM. WE IMPLEMENT OUR ACADEMIC PROGRAMS WITH UNIQUE AND INNOVATIVE METHODS DESIGNED TO DEVELOP ADVANCED LOGIC, HIGH-LEVEL REASONING, GREATER MATERIAL RETENTION, AND CREATIVITY. FULTON SCIENCE ACADEMY'S ENVIRONMENT IS STRUCTURED TO MINIMIZE DISTRACTIONS AND STRESS, WHILE OPTIMIZING WORK ETHIC, SELF-INITIATIVE, GOOD CHARACTER QUALITIES, AND WELL-DEVELOPED SOCIAL SKILLS.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee40TotalEmployeeCnt
Total Volunteers125TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$41,091PYContributionsGrantsAmt
CY Contributions Grants$2,126,712CYContributionsGrantsAmt
PY Program Service Revenue$4,077,452PYProgramServiceRevenueAmt
CY Program Service Revenue$5,396,309CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$4,118,543PYTotalRevenueAmt
CY Total Revenue$7,523,021CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,077,179PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,947,640CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,087,382PYOtherExpensesAmt
CY Other Expenses$2,177,017CYOtherExpensesAmt
PY Total Expenses$4,164,561PYTotalExpensesAmt
CY Total Expenses$5,124,657CYTotalExpensesAmt
PY Revenues Less Expenses-$46,018PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,398,364CYRevenuesLessExpensesAmt
Total Assets BOY$1,611,429TotalAssetsBOYAmt
Total Assets EOY$14,236,468TotalAssetsEOYAmt
Total Liabilities BOY$2,320,176TotalLiabilitiesBOYAmt
Total Liabilities EOY$12,546,851TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$708,747NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,689,617NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionFULTON SCIENCE ACADEMY PRIVATE SCHOOL IS LOCATED IN ALPHARETTA, THE TECHNOLOGY CITY OF GEORGIA, AND SERVES STUDENTS IN PRE-K THROUGH 8TH GRADE. FSAPS IS UNIQUE DUE TO ITS HIGH POPULATION OF ADVANCED AND GIFTED STUDENTS. FSAPS PROVIDES ITS STUDENTS THE OPPORTUNITY TO GROW, LEARN, AND PLAY IN AN ENVIRONMENT CONDUCIVE TO FOSTERING ACADEMIC GROWTH. OUR SCHOOL HAS DEVELOPED A HIGH QUALITY ADVANCED ACADEMIC PROGRAM EMPHASIZING S.T.E.A.M. (SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATHEMATICS) CURRICULUM. WE IMPLEMENT OUR ACADEMIC PROGRAMS WITH UNIQUE AND INNOVATIVE METHODS DESIGNED TO DEVELOP ADVANCED LOGIC, HIGH-LEVEL REASONING, GREATER MATERIAL RETENTION, AND CREATIVITY. FULTON SCIENCE ACADEMY'S ENVIRONMENT IS STRUCTURED TO MINIMIZE DISTRACTIONS AND STRESS, WHILE OPTIMIZING WORK ETHIC, SELF-INITIATIVE, GOOD CHARACTER QUALITIES, AND WELL-DEVELOPED SOCIAL SKILLS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,121,720ExpenseAmt
Revenue$5,396,309RevenueAmt
DescEDUCATION PROGRAMS FOR PRE-K THROUGH 8TH GRADE STUDENTS WITH AN EMPHASIS IN THE S.T.E.A.M. (SCIENCE, TECHNOLOGY, ENGINEERING, ARTS AND MATH). CURRENTLY SERVING APPROXIMATELY 367 STUDENTS, PROGRAMS UTILIZE A LEARNING ENVIRONMENT THAT NURTURES INDEPENDENT, CONFIDENT, AND CRITICAL THINKERS.Desc
Total Program Service Expenses$4,121,720TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee40EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KENAN SENERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6783662555PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13035 FANFARE WAYAddressLine1Txt
CityALPHARETTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30009ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
AYHAN KORUCU
PRESIDENT5.00Yes (X)Yes (X)$0$0$0
ALTAN KALAYCI
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
ANGELA LASSETTER
SECRETARY5.00Yes (X)Yes (X)$0$0$0
VEDAT ATGUN
BOARD MEMBER2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$2,126,712AllOtherContributionsAmt
Noncash Contributions$2,000,000NoncashContributionsAmt
Total Contributions$2,126,712TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEE611600$5,038,932$5,038,932
STUDENT ACTIVITY FEE900099$252,102$252,102
RENTAL REVENUE532000$85,500$85,500
MISCELLANEOUS INCOME900099$19,775$19,775
FieldValueIRS element (for citing)
Total Program Service Revenue$5,396,309TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,523,021TotalRevenueColumnAmt
Related Or Exempt Func Income$5,396,309RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,219,668TotalAmt
Program Services$1,997,701ProgramServicesAmt
Management And General$221,967ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$459,160TotalAmt
Program Services$413,244ProgramServicesAmt
Management And General$45,916ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$268,812TotalAmt
Program Services$241,931ProgramServicesAmt
Management And General$26,881ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$33,524TotalAmt
Management And General$33,524ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$10,000TotalAmt
Management And General$10,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$22,523TotalAmt
Management And General$22,523ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$108,598TotalAmt
Program Services$97,738ProgramServicesAmt
Management And General$10,860ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$93,319TotalAmt
Management And General$93,319ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$161,552TotalAmt
Program Services$137,319ProgramServicesAmt
Management And General$24,233ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$464,436TotalAmt
Program Services$382,999ProgramServicesAmt
Management And General$81,437ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$28,609TotalAmt
Management And General$28,609ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$69,274TotalAmt
Program Services$69,274ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$362,757TotalAmt
Management And General$362,757ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$232,178TotalAmt
Program Services$208,960ProgramServicesAmt
Management And General$23,218ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$32,111TotalAmt
Program Services$28,900ProgramServicesAmt
Management And General$3,211ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
STUDENT ACTIVITIES$262,352$262,352
TEXTBOOKS$137,131$137,131
CLASSROOM SUPPLIES$51,778$51,778
FACULTY PROFESSIONAL DE$44,293$39,864$4,429

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$62,582TotalAmt
Program Services$52,529ProgramServicesAmt
Management And General$10,053ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,124,657TotalAmt
Program Services$4,121,720ProgramServicesAmt
Management And General$1,002,937ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$361,287BOYAmt
EOY$277,468EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$332,358EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$793,748BOYAmt
EOY$810,908EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$13,163,649LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$421,527LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$391,394BOYAmt
EOY$12,742,122EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$65,000BOYAmt
EOY$73,612EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,611,429BOYAmt
EOY$14,236,468EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$77,573BOYAmt
EOY$53,924EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,213,443BOYAmt
EOY$2,484,136EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
EOY$10,008,791EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$29,160BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,320,176BOYAmt
EOY$12,546,851EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$708,747BOYAmt
EOY$1,689,617EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$708,747BOYAmt
EOY$1,689,617EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,611,429BOYAmt
EOY$14,236,468EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,398,364ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

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

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,440,000OtherCostOrOtherBasisAmt
Book Value$4,440,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,060,000OtherCostOrOtherBasisAmt
Depreciation$167,917DepreciationAmt
Book Value$7,892,083BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$284,310OtherCostOrOtherBasisAmt
Depreciation$39,379DepreciationAmt
Book Value$244,931BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$125,988OtherCostOrOtherBasisAmt
Depreciation$121,854DepreciationAmt
Book Value$4,134BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$253,351OtherCostOrOtherBasisAmt
Depreciation$92,377DepreciationAmt
Book Value$160,974BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$12,742,122TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$7,523,021TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$7,523,021RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,523,021TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,124,657TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$5,124,657ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,124,657TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Schedule M IRS990ScheduleM

Real Estate Commercial RealEstateCommercialGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$2,000,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesAPPRAISALMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED BY THE BOARD FOR APPROVAL THEN SIGNED BY THE PRESIDENT AND FILED IN ACCORDANCE WITH IRS FORM 990 FILING REQUIREMENTS.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS REGULARLY AND CONSISTENTLY MONITORED AND ENFORCED BY THE BOARD OF DIRECTORS AS PART OF REGULAR BOARD MEETINGS. IF CONFLICT OF INTEREST IS DISCLOSED, IT IS SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND DECISION OF PROPER RESOLUTION.
FORM 990, PART VI, SECTION B, LINE 15THE EXECUTIVE COMMITTEE HANDLES COMPENSATION ISSUES FOR THE PRINCIPAL AND OTHER KEY EMPLOYEES, IF ANY. THIS GROUP IS MADE UP OF THE BOARD OFFICERS. THEY CONSULT OUTSIDE SOURCES SUCH AS FULTON COUNTY SCHOOL SYSTEM AND OTHER SIMILAR NON-PROFIT OR PRIVATE SCHOOLS.
FORM 990, PART VI, SECTION C, LINE 19VARIOUS INFORMATION ABOUT THE ORGANIZATION IS MAINTAINED ON ITS OWN WEBSITE (WWW.FULTONSCIENCEACADEMY.ORG). THE ORGANIZATION'S 990 TAX RETURN, GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS MAY BE OBTAINED BY THE PUBLIC UPON REQUEST TO 3035 FANFARE WAY, ALPHARETTA, GA 30009.
FORM 990, PART XII, LINE 2C:THERE WERE NO CHANGES TO THE OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS.