Academy Del Sol Inc
- Assets
- $10.0m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 87
- Location
- Tucson, AZ
- Founding
- 08/2015
- Data as of
- 06/2021
- EIN
- 26-3947979
Organization Overview
Academy Del Sol Inc is located in Tucson, AZ. The organization was established in 2015. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Academy Del Sol Inc employed 87 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Del Sol Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Academy Del Sol Inc generated $6.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $5.9m during the year ending 06/2021. While expenses have increased by 5.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDES EDUCATIONAL SERVICES IN TUCSON, AZ TO STUDENTS IN KINDERGARTEN THROUGH EIGHTH GRADES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Riegert President | OfficerTrustee | 40 | $180,121 |
Patricia Robson Director | Trustee | 40 | $46,375 |
Frank Yanez Director | Trustee | 1 | $16,000 |
Jacqueline Riegert Secretary | OfficerTrustee | 1 | $0 |
Joseph Riegert Director | Trustee | 1 | $0 |
Kevin Sterner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,379,280 |
| All other contributions, gifts, grants, and similar amounts not included above | $813 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,380,093 |
| Total Program Service Revenue | $1,017 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,381,115 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $170,880 |
| Compensation of current officers, directors, key employees. | $85,440 |
| Compensation to disqualified persons | $2,473,459 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $31,820 |
| Other employee benefits | $190,511 |
| Payroll taxes | $209,355 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,091 |
| Fees for services: Accounting | $29,849 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $159,689 |
| Advertising and promotion | $63,048 |
| Office expenses | $10,506 |
| Information technology | $21,014 |
| Royalties | $0 |
| Occupancy | $748,884 |
| Travel | $7,701 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $687,636 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $357,226 |
| Insurance | $36,491 |
| All other expenses | $91,601 |
| Total functional expenses | $5,943,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,699,481 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $135,597 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $48,333 |
| Net Land, buildings, and equipment | $8,050,431 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,000 |
| Total assets | $9,983,842 |
| Accounts payable and accrued expenses | $147,382 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $8,894,755 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,042,137 |
| Net assets without donor restrictions | $697,516 |
| Net assets with donor restrictions | $244,189 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,983,842 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Academy Del Sol Inc has recieved totaling $10,986.
| Awarding Organization | Amount |
|---|---|
Kids Need To Read Mesa, AZ PURPOSE: READING RESOURCES PROVIDED TO UNDERFUNDED LITERACY PROGRAMS TO INCREASE READING PROFICIENCY LEVELS AMONG DISADVANTAGED CHILDREN. | $5,493 |
Kids Need To Read Mesa, AZ PURPOSE: READING RESOURCES PROVIDED TO UNDERFUNDED LITERACY PROGRAMS TO INCREASE READING PROFICIENCY LEVELS AMONG DISADVANTAGED CHILDREN. | $5,493 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Day School Inc San Francisco, CA | $48,363,638 | $20,220,768 |
Great Valley Academy Modesto, CA | $24,077,962 | $19,349,620 |
San Francisco Day School San Francisco, CA | $90,241,572 | $23,860,788 |
American Heritage Schools Inc American Fork, UT | $76,345,416 | $17,728,637 |
Dr Miriam And Sheldon G Adelson Educational Institute Las Vegas, NV | $45,249,882 | $16,559,222 |
Synapse School Menlo Park, CA | $20,691,097 | $17,078,899 |
Mark Day School San Rafael, CA | $46,409,583 | $18,444,024 |
Hillbrook School Los Gatos, CA | $32,644,985 | $20,493,868 |
Heights Christian Schools La Habra Heights, CA | $13,507,090 | $16,795,259 |
Griffin Technology Academies Vallejo, CA | $23,322,546 | $19,613,805 |
Vail Mountain School Vail, CO | $56,713,678 | $17,984,280 |
Valley Christian School System Cerritos, CA | $15,496,227 | $17,847,318 |