Self Development Scottsdale Academy is located in Mesa, AZ. The organization was established in 2019. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Self Development Scottsdale Academy 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, Self Development Scottsdale Academy generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 63.8% each year . All expenses for the organization totaled $1.6m during the year ending 06/2021. 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
TO NURTURE STUDENTS INNER SPIRIT OF CURIOSITY, INSPIRE STUDENTS TO DEVELOP INTRINSIC MOTIVATION TO ACHIEVE SCHOLARLY POTENTIAL, EMPOWER STUDENTS TO TAKE OWNERSHIP OF THEIR LEARNING, FOSTER PASSION FOR LIFE-LONG LEARNING, AND PROMOTE THE MERIT OF SERVING THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL IS A CHARTER SCHOOL THAT BEGAN SERVING GRADES KINDERGARTEN THROUGH 8TH GRADE BEGINNING IN FY 19-20.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Asif Majeed Vp/treasurer | OfficerTrustee | 10 | $0 |
Rachel Hunt Secretary | OfficerTrustee | 1 | $0 |
Anjum Majeed President | OfficerTrustee | 10 | $0 |
Alysha Bundy Member | Trustee | 1 | $0 |
Vernetta Madsen Member | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $903,001 |
All other contributions, gifts, grants, and similar amounts not included above | $333,504 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,236,505 |
Total Program Service Revenue | $2,544 |
Investment income | $0 |
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 | $1,304,028 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,133 |
Fees for services: Accounting | $27,195 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $194,548 |
Advertising and promotion | $63,406 |
Office expenses | $167,618 |
Information technology | $9,293 |
Royalties | $0 |
Occupancy | $631,463 |
Travel | $2,758 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $37,134 |
Insurance | $5,877 |
All other expenses | $0 |
Total functional expenses | $1,589,322 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $200,702 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $282,861 |
Accounts receivable, net | $0 |
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 | $27,962 |
Net Land, buildings, and equipment | $267,092 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,318 |
Total assets | $781,935 |
Accounts payable and accrued expenses | $27,158 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $32,818 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $954,553 |
Total liabilities | $1,014,529 |
Net assets without donor restrictions | -$232,594 |
Net assets with donor restrictions | $0 |
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 | $781,935 |
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