GREATHEARTS ARIZONA: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- GREATHEARTS ARIZONA (EIN 20-2036133)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-10
- IRS object ID
- 201111309349302041
- Schema version
- 2009v1.7
- 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 I
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-10T15:34:11-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FESTER & CHAPMAN PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8283 N HAYDEN RD STE 200 | AddressLine1 |
| City | SCOTTSDALE | City |
| State | AZ | State |
| ZIP Code | 852582456 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202036133 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREAT HEARTS ACADEMIES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GREA | NameControl |
| Phone | 4808999181 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 444 N 44TH ST SUITE 100 | AddressLine1 |
| City | PHOENIX | City |
| State | AZ | State |
| ZIP Code | 85008 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DEBRA SANTOS | Name |
| Title | CFO | Title |
| Phone | 4808999181 | Phone |
| Date Signed | 2011-05-10 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WILLIAM F CHAPMAN | Name |
| Phone | 6022643077 | Phone |
| Date Prepared | 2011-05-10 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DEBRA SANTOS CFO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 444 N 44TH ST SUITE 100 | AddressLine1 |
| City | PHOENIX | City |
| State | AZ | State |
| ZIP Code | 85008 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2761195 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | HTTP://GREATHEARTSAZ.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2005 | YearFormation |
| State Legal Domicile | AZ | StateLegalDomicile |
| Activity Or Mission Description | GREAT HEARTS ACADEMIES IS A NON-PROFIT NETWORK OF PUBLIC PREPARATORY ACADEMIES DEDICATED TO IMPROVING EDUCATION IN METROPOLITAN PHOENIX. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 353 | TotalNbrEmployees |
| Total Nbr Volunteers | 25 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 1298831 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1420915 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 715211 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1295901 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 27793 | InvestmentIncomePriorYear |
| Investment Income Current Year | 42848 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 9619 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1531 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2051454 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2761195 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 503555 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1278731 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1408977 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 32385 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1036466 | OtherExpensePriorYear |
| Other Expenses Current Year | 1129116 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2315197 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3041648 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -263743 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -280453 | RevenuesLessExpensesCY |
| Total Assets BOY | 2951957 | TotalAssetsBOY |
| Total Assets EOY | 12621381 | TotalAssetsEOY |
| Total Liabilities BOY | 803450 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 10886287 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 2148507 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1735094 | NetAssetsOrFundBalancesEOY |
| Mission Description | GREAT HEARTS ACADEMIES IS A NON-PROFIT NETWORK OF PUBLIC PREPARATORY ACADEMIES DEDICATED TO IMPROVING EDUCATION IN METROPOLITAN PHOENIX. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 802514 | Expense |
| Grants | 503555 | Grants |
| Description | GREAT HEARTS ACADEMIES MISSION IS TO IMPROVE PUBLIC EDUCATION IN THE PHOENIX METROPOLITAN AREA BY DEVELOPING A NETWORK OF EXCELLING PREPARATORY ACADEMIES. | Description |
| Total Program Service Expense | 802514 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 7 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 353 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Nbr Voting Governing Body Members | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | GREAT HEARTS ACADEMIES | NamePerson |
| Telephone Number | 4808999181 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2020 NORTH ARIZONA AVENUE STE G-62 | AddressLine1 |
| City | CHANDLER | City |
| State | AZ | State |
| ZIP Code | 85225 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| MARIA BAIER | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| CLINT BOLICK | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| THOMAS BUTLER | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| KURT DAVIS | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JOHN EVANS | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| DICK FOREMAN | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JAY HEILER | ||||||
| PRESIDENT | 2.00 | X | 0 | 0 | 0 | |
| JOHN LUNKER | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| BOB LANIER | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JOHN LOCK | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| ROBERT MC CONNELL | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| ROBERT MULHERN | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| REED PORTER | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| BARBARA RALSTON | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| DANIEL SAUER | ||||||
| TREASURER | 2.00 | X | 0 | 0 | 0 | |
| KARRIN TAYLOR | ||||||
| SECRETARY | 2.00 | X | 0 | 0 | 0 | |
| DERRICK HALL | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| DAN SCOGGIN | ||||||
| CEO | 40.00 | 0 | 121283 | 9749 | X | |
| DEBRA SANTOS | ||||||
| CFO | 40.00 | 0 | 86075 | 5190 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp Frm Rltd Orgs | 207358 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 14939 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Government Grants | 555150 | GovernmentGrants |
| All Other Contributions | 865765 | AllOtherContributions |
| Total Contributions | 1420915 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| ADMINISTRATIVE | 1237649 | 1237649 |
| ACADEMY DUES & FEES | 58252 | 58252 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1295901 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 42848 | TotalRevenueColumn |
| Exclusion | $42,848 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Total Revenue Column | 1531 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1531 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1531 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2761195 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1297432 | RelatedOrExemptFunctionIncome |
| Exclusion | $42,848 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 503555 | Total |
| Program Services | 503555 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 222297 | Total |
| Program Services | 12512 | ProgramServices |
| Management And General | 209785 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 984800 | Total |
| Program Services | 55432 | ProgramServices |
| Management And General | 929368 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 201880 | Total |
| Management And General | 201880 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108361 | Total |
| Program Services | 6099 | ProgramServices |
| Management And General | 102262 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37415 | Total |
| Management And General | 37415 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31891 | Total |
| Management And General | 31891 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41780 | Total |
| Program Services | 2352 | ProgramServices |
| Management And General | 39428 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125330 | Total |
| Program Services | 7054 | ProgramServices |
| Management And General | 118276 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23822 | Total |
| Program Services | 23822 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 173988 | Total |
| Program Services | 9793 | ProgramServices |
| Management And General | 164195 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8689 | Total |
| Program Services | 489 | ProgramServices |
| Management And General | 8200 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| UNCOLLECTIBLE | 293914 | 16544 | 277370 | |
| SUPPLIES | 143799 | 143799 | ||
| UTILITIES | 38975 | 2194 | 36781 | |
| FUNDRAISING | 32385 | 32385 | ||
| MISCELLANEOUS | 29826 | 29826 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38941 | Total |
| Program Services | 18869 | ProgramServices |
| Management And General | 20072 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3041648 | Total |
| Program Services | 802514 | ProgramServices |
| Management And General | 2206749 | ManagementAndGeneral |
| Fundraising | 32385 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 515225 | BOY |
| EOY | 824335 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1176700 | BOY |
| EOY | 1256234 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 606655 | BOY |
| EOY | 796742 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 481197 | BOY |
| EOY | 578052 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44033 | BOY |
| EOY | 81004 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 9115924 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 30910 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 128147 | BOY |
| EOY | 9085014 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2951957 | BOY |
| EOY | 12621381 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 337124 | BOY |
| EOY | 3138005 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 400000 | BOY |
| EOY | 7622205 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66326 | BOY |
| EOY | 126077 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 803450 | BOY |
| EOY | 10886287 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -445058 | BOY |
| EOY | 397180 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2593565 | BOY |
| EOY | 1337914 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2148507 | BOY |
| EOY | 1735094 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2951957 | BOY |
| EOY | 12621381 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 552200 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1132292 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2782295 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1298831 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1420915 | CurrentTaxYear |
| Total | 7186533 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 552200 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1132292 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2782295 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1298831 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1420915 | CurrentTaxYear |
| Total | 7186533 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 7186533 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 243526 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 60287 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 47930 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 27793 | CurrentTaxYearMinus1Year |
| Current Tax Year | 42848 | CurrentTaxYear |
| Total | 422384 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 7608917 | TotalSupport |
| Gross Receipts From Admissions Etc | 1297432 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.94450 | PublicSupportPertcentage170 |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2593565 | BeginningOfYearBalance |
| Contributions | 1431925 | Contributions |
| Other Expenditures | 2687576 | OtherExpenditures |
| End Of Year Balance | 1337914 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2573879 | BeginningOfYearBalance |
| Contributions | 561203 | Contributions |
| Other Expenditures | 541517 | OtherExpenditures |
| End Of Year Balance | 2593565 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1060000 | OtherCostOrOtherBasis |
| Book Value | 1060000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4240000 | OtherCostOrOtherBasis |
| Book Value | 4240000 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 17124 | OtherCostOrOtherBasis |
| Depreciation | 10305 | Depreciation |
| Book Value | 6819 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 30343 | OtherCostOrOtherBasis |
| Depreciation | 20605 | Depreciation |
| Book Value | 9738 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3768457 | OtherCostOrOtherBasis |
| Book Value | 3768457 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 9085014 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| LINE-OF-CREDIT | $100,000 |
| DEPOSITS HELD FOR OTHERS | $26,077 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 126077 | TotalOfAmounts |
| Total Revenue | 2761195 | TotalRevenue |
| Total Expenses | 3041648 | TotalExpenses |
| Excess Or Deficit For Year | -280453 | ExcessOrDeficitForYear |
| Prior Period Adjustments | -132960 | PriorPeriodAdjustments |
| Total Adjustments | -132960 | TotalAdjustments |
| Excess Or Deficit Per FS | -413413 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 2761195 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 2761195 | RevenueSubtotal |
| Total Revenue Per Form990 | 2761195 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3174608 | TotExpensesEtcAuditedFinclStmt |
| Prior Year Adjustments | 132960 | PriorYearAdjustments |
| Expenses Not Rptd F990 | 132960 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3041648 | ExpensesSubtotal |
| Total Expenses Per Form990 | 3041648 | TotalExpensesPerForm990 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | THE GREAT HEARTS ACADEMIES ARE NOT-FOR-PROFIT, NON-SECTARIAN, PUBLIC CHARTER SCHOOLS, AND DO NOT DISCRIMINATE IN ANY OF ITS PRACTICES ON THE BASIS OF GENDER, RACE, RELIGION, NATIONAL ORIGIN OR DISABILITY. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | false | RecordsMaintained |
Recipient Table RecipientTable (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Purpose Of GrantPurposeOfGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|---|---|---|---|---|
| TELEOS PREPARATORY ACADEMY | ||||||||||
| 1401 E JEFFERSON | PHOENIX | AZ | 85034 | 262700807 | 3 | 233555 | FMV | START-UP COSTS | ||
| GLENDALE PREPARATORY ACADEMY | ||||||||||
| 7201 W BEARDSLEY ROAD | GLENDALE | AZ | 85308 | 208760987 | 3 | FMV | CANCELLATION OF DEBT | 200000 | DEBT RELIEF | |
| MESA PREPARATORY ACADEMY | ||||||||||
| 6659 E UNIVERSITY DRIVE | MESA | AZ | 85205 | 205332933 | 3 | 70000 | FMV | CONSTRUCTION | ||
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDUCATIONAL SALES COMPANY INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | BOARD MEMBER | Relationship |
| Amount Of Transaction | 85807 | AmountOfTransaction |
| Description Of Transaction | PURCHASED TEXTBOOKS | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | FORM 990, PAGE 6, PART VI, LINE 7B | FOR TRANSACTIONS GREATER THAN 50,000 RATIFICATION BY THE SINGLE MEMBER ORGANIZATION - GREAT HEARTS ACADEMIES. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11 | 990'S ARE PREPARED BY AN EXTERNAL CPA FIRM AND ARE REVIEWED INTERNALLY BY THE CFO. AFTER COMPLETING THE CFO REVIEW THE RETURNS ARE FINALIZED AND TEHN REVIEWED BY THE GREAT HEARTS AUDIT COMMITTEE PRIOR TO BEING SIGNED BY THE CFO. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | BOARD MEMBERS, OFFICERS AND EMPLOYEES COMPLETE AND SIGN A CONFLICT OF INTEREST AGREEMENT. THESE AGREEMENTS ARE REVIEWED BY HUMAN RESOURCES AND ANY CONFLICTS ARE IDENTIFIED AND REPORTED TO THE AUDITORS AND THE BOARD TO MONITOR. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE CMO, ALONG WITH BOARD APPROVAL DETERMINES THE COMPENSATION OF KEY STAFF SUCH AS HEADMASTER AND ASSISTANT HEADMASTER. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | EMPLOYEES AND FACULTY ARE DETERMINED BASED ON AN ORGANIZATION WIDE SALARY RANGE TABLE WHICH FACTORS IN EDUCATION AND EXPERIENCE. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | ALL BOARD MEETINGS ARE POSTED IN ADVANCE IN ACCORDANCE WITH ARIZONA OPEN MEETING LAWS. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE BOTH AT THE MEETING OR FOLLOWING THE MEETING AND UPON REQUEST. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (7 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|
| CHANDLER PREPARATORY ACADEMY | |||||||||
| 444 N 44TH STREET SUITE 100 | PHOENIX | AZ | 85008 | 202075176 | EDUCATION | AZ | 3 | 2 | N/A |
| GLENDALE PREPARATORY ACADEMY | |||||||||
| 444 N 44TH STREET SUITE 100 | PHOENIX | AZ | 85008 | 208760987 | EDUCATION | AZ | 3 | 2 | N/A |
| MESA PREPARATORY ACADEMY | |||||||||
| 444 N 44TH STREET SUITE 100 | PHOENIX | AZ | 85008 | 205332933 | EDUCATION | AZ | 3 | 2 | N/A |
| TELEOS PREPARATORY ACADEMY | |||||||||
| 444 N 44TH STREET SUITE 100 | PHOENIX | AZ | 85008 | 262700807 | EDUCATION | AZ | 3 | 2 | N/A |
| VERITAS PREPARATORY ACADEMY | |||||||||
| 444 N 44TH STREET SUITE 100 | PHOENIX | AZ | 85008 | 050527441 | EDUCATION | AZ | 3 | 2 | N/A |
| SCOTTSDALE PREPARATORY ACADEMY | |||||||||
| 444 N 44TH STREET SUITE 100 | PHOENIX | AZ | 85008 | 208778703 | EDUCATION | AZ | 3 | 2 | N/A |
| ANTHEM PREPARATORY ACADEMY | |||||||||
| 444 NORTH 44TH STREET SUITE 100 | PHOENIX | AZ | 85008 | 270375682 | EDUCATION | AZ | 3 | 2 | N/A |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDUCATIONAL SALES COMPANY INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7130 | AddressLine1 |
| City | TEMPE | City |
| State | AZ | State |
| ZIP Code | 85281 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 860736517 | EIN |
| Primary Activity | BOOK SALES | PrimaryActivity |
| Legal Domicile State | AZ | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | C CORP | TypeOfEntity |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | true | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (21 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| CHANDLER PREPARATORY ACADEMY | |
| P | 2322266 |
| CHANDLER PREPARATORY ACADEMY | |
| K | 346489 |
| CHANDLER PREPARATORY ACADEMY | |
| D | 124153 |
| GLENDALE PREPARATORY ACADEMY | |
| P | 967938 |
| GLENDALE PREPARATORY ACADEMY | |
| K | 133321 |
| MESA PREPARATORY ACADEMY | |
| P | 1161369 |
| MESA PREPARATORY ACADEMY | |
| K | 217101 |
| MESA PREPARATORY ACADEMY | |
| B | 70000 |
| VERITAS PREPARATORY ACADEMY | |
| P | 1752019 |
| VERITAS PREPARATORY ACADEMY | |
| K | 174653 |
| VERITAS PREPARATORY ACADEMY | |
| E | 26695 |
| SCOTTSDALE PREPARATORY ACADEMY | |
| P | 1475492 |
| SCOTTSDALE PREPARATORY ACADEMY | |
| K | 185902 |
| SCOTTSDALE PREPARATORY ACADEMY | |
| D | 52392 |
| CHANDLER PREPARATORY ACADEMY | |
| C | 328650 |
| GLENDALE PREPARATORY ACADEMY | |
| D | 360222 |
| MESA PREPARATORY ACADEMY | |
| D | 29574 |
| TELEOS PREPARATORY ACADEMY | |
| P | 1173649 |
| TELEOS PREPARATORY ACADEMY | |
| K | 105183 |
| TELEOS PREPARATORY ACADEMY | |
| D | 233555 |
| EDUCATIONAL SALES COMPANY INC | |
| G | 85807 |