STRATEGY STUDIO / PUBLIC DATA EXPLORER

VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMY: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMY (EIN 26-4135406)
Tax period
2011-07-01 to 2012-06-30
Filed
2013-01-09
IRS object ID
201330099349300543
Schema version
2011v1.2
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)
Timestamp2013-01-09T15:17:30-06:00Timestamp
Tax Period End Date2012-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN621174696EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BRUNDIGE PAYNE AND COMPANY PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1700 COLONIAL ROAD SUITE 220AddressLine1
CityMEMPHISCity
StateTNState
ZIP Code381175156ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN264135406EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMYBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlVERINameControl
Phone9015261900Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1690 MISSISSIPPI BOULEVARDAddressLine1
CityMEMPHISCity
StateTNState
ZIP Code38126ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameRUDY WALKERName
TitleCHAIRMANTitle
Phone9015261900Phone
Date Signed2012-12-20DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameNICOLE P GLASSCOCK CPAName
PTINP00743101PTIN
Phone9016834234Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonRUDY WALKERNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1690 MISSISSIPPI BOULEVARDAddressLine1
CityMEMPHISCity
StateTNState
ZIP Code38126ZIPCode
FieldValueIRS element (for citing)
Gross Receipts1567234GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.VERITASCOLLEGEPREP.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2009YearFormation
State Legal DomicileTNStateLegalDomicile
Activity Or Mission DescriptionTHE ORGANIZATION PREPARES MEMPHIS STUDENTS IN GRADES SIX THROUGH EIGHT TO EXCEL IN HIGH SCHOOL AND COLLEGE AS ACCOMPLISHED SCHOLARS AND TO CONTRIBUTE TO THEIR COMMUNITIES AS ETHICAL LEADERS.ActivityOrMissionDescription
Nbr Voting Members Governing Body9NbrVotingMembersGoverningBody
Nbr Independent Voting Members9NbrIndependentVotingMembers
Total Nbr Employees20TotalNbrEmployees
Total Nbr Volunteers9TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year1229408ContributionsGrantsPriorYear
Contributions Grants Current Year1562385ContributionsGrantsCurrentYear
Program Service Revenue Prior Year9033ProgramServiceRevenuePriorYear
Program Service Revenue CY4818ProgramServiceRevenueCY
Investment Income Prior Year0InvestmentIncomePriorYear
Investment Income Current Year31InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year1238441TotalRevenuePriorYear
Total Revenue Current Year1567234TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year706212SalariesEtcPriorYear
Salaries Etc Current Year1192469SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year81055TotalFundrsngExpCurrentYear
Other Expense Prior Year501743OtherExpensePriorYear
Other Expenses Current Year573627OtherExpensesCurrentYear
Total Expenses Prior Year1207955TotalExpensesPriorYear
Total Expenses Current Year1766096TotalExpensesCurrentYear
Revenues Less Expenses Prior Year30486RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-198862RevenuesLessExpensesCY
Total Assets BOY406607TotalAssetsBOY
Total Assets EOY351548TotalAssetsEOY
Total Liabilities BOY89963TotalLiabilitiesBOY
Total Liabilities EOY233766TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY316644NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY117782NetAssetsOrFundBalancesEOY
Mission DescriptionTHE ORGANIZATION PREPARES MEMPHIS STUDENTS IN GRADES SIX THROUGH EIGHT TO EXCEL IN HIGH SCHOOL AND COLLEGE AS ACCOMPLISHED SCHOLARS AND TO CONTRIBUTE TO THEIR COMMUNITIES AS ETHICAL LEADERS.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense1348991Expense
Revenue4849Revenue
DescriptionCOLLEGE PREPARATORY SCHOOL PROVIDING A QUALITY EDUCATION TO THOSE STUDENTS IN MEMPHIS WHOSE EDUCATIONAL NEEDS ARE NOT BEING MET IN A TRADITIONAL SCHOOL SETTING.Description
Total Program Service Expense1348991TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School1School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10961NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees20NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members9NbrVotingGoverningBodyMembers
Number Independent Voting Members9NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement0RegularMonitoringEnforcement
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledTNStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1TIM WAREBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number9015261900TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1168 JEFFERSON AVENUEAddressLine1
CityMEMPHISCity
StateTNState
ZIP Code38103ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (9 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficer
MARKOVA REED
BOARD MEMBER1.00X000
HUNTER HUMPHREYS JR
VICE CHAIRMAN1.00X000X
CEDRICK WOOTEN
BOARD MEMBER1.00X000
MARCUS LEAKS
SECRETARY1.00X000X
ANDREW SCHAEFFER
FINANCE CHAIR1.00X000X
RUDY WALKER
CHAIRMAN1.00X000X
MATT WEATHERSBY
BOARD MEMBER1.00X000
RIC WOLBRECHT
BOARD MEMBER1.00X000
DARYL BROWN
BOARD MEMBER1.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Government Grants956904GovernmentGrants
All Other Contributions605481AllOtherContributions
Total Contributions1562385TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionOTHER INCOMEDescription
Business Code611710BusinessCode
Total Revenue Column4818TotalRevenueColumn
Related Or Exempt Function Income4818RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue4818TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column31TotalRevenueColumn
Related Or Exempt Function Income31RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1567234TotalRevenueColumn
Related Or Exempt Function Income4849RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total881663Total
Program Services730458ProgramServices
Management And General96357ManagementAndGeneral
Fundraising54848Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total122168Total
Program Services89183ProgramServices
Management And General21990ManagementAndGeneral
Fundraising10995Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total124706Total
Program Services91035ProgramServices
Management And General22447ManagementAndGeneral
Fundraising11224Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total63932Total
Program Services52968ProgramServices
Management And General6987ManagementAndGeneral
Fundraising3977Fundraising

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total13286Total
Management And General13286ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total33000Total
Management And General33000ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total11427Total
Management And General11427ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total36385Total
Management And General36385ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total165567Total
Program Services149010ProgramServices
Management And General16557ManagementAndGeneral

Interest Interest

FieldValueIRS element (for citing)
Total804Total
Management And General804ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total15624Total
Program Services14778ProgramServices
Management And General846ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total15326Total
Management And General15326ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
BUS & EQUIPMENT LEASING15176612247429292
PROFESSIONAL DEVELOPMEN4085640856
SUPPLIES EXPENSE3005930059
MISCELLANEOUS EXPENSE27924126121530111

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total31603Total
Program Services15558ProgramServices
Management And General16045ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total1766096Total
Program Services1348991ProgramServices
Management And General336050ManagementAndGeneral
Fundraising81055Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY72493BOY
EOY51753EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY255498BOY
EOY232868EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY18388BOY
EOY7982EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis85265LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec26320LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY60228BOY
EOY58945EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY406607BOY
EOY351548EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY89963BOY
EOY184866EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
EOY48900EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY89963BOY
EOY233766EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY316644BOY
EOY117782EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY316644BOY
EOY117782EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY406607BOY
EOY351548EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-198862ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee0AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis85265OtherCostOrOtherBasis
Depreciation26320Depreciation
Book Value58945BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings58945TotalOfBookValueLandBuildings
Total Revenue1567234TotalRevenue
Total Expenses1766096TotalExpenses
Excess Or Deficit For Year-198862ExcessOrDeficitForYear
Excess Or Deficit Per FS-198862ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt1567234TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F9900RevenueNotRptdF990
Revenue Subtotal1567234RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form9901567234TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt1766096TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal1766096ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form9901766096TotalExpensesPerForm990

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy Stmt1NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc1PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media1PolicyPublViaBroadcastMedia
Maint Racial Composition Records1MaintRacialCompositionRecords
Maint Scholarships Records1MaintScholarshipsRecords
Maint Copies Of Brochures Etc1MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations1MaintCopiesOfAllSolicitations
Discriminate Race Students Rights0DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies0DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty0DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships0DiscriminateRaceScholarships
Discriminate Race Educ Policies0DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog0DiscriminateRaceAthleticProg
Discriminate Race Other Acty0DiscriminateRaceOtherActy
Government Financial Aid Received1GovernmentFinancialAidReceived
Government Financial Aid Revoked0GovernmentFinancialAidRevoked
Compliance With Rev Proc75501ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATIONSCHEDULE E, PART I, LINE 3THE SCHOOL MEETS REV. PROC. 75-50, 1975-2 C.B. 587 SECTION 4.0 (2)C BY DRAWING STUDENTS FROM LOCAL COMMUNITIES.
EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCESCHEDULE E, PART I, LINE 6THE SCHOOL RECEIVES FUNDS FROM THE STATE OF TENNESSEE DEPARTMENT OF EDUCATION.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (2 entries)

Return ReferenceReturnReferenceExplanationExplanation
FORM 990, PART VI, SECTION B, LINE 11THE RETURN PREPARER PROVIDED A COPY OF THE FINAL VERSION OF FORM 990 TO THE BOARD OF DIRECTORS BEFORE IT WAS FILED. ADDITIONALLY, THE BOARD OF DIRECTORS REVIEWED AND APPROVED THE RETURN BEFORE IT WAS FILED.
FORM 990, PART VI, SECTION C, LINE 19VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMY PROVIDES ITS FINANCIAL STATEMENTS OR OTHER GOVERNING DOCUMENTS FOR PUBLIC INSPECTION UPON REQUEST.