Academy Of Tucson is located in Tucson, AZ. The organization was established in 1986. 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 06/2022, Academy Of Tucson employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Tucson 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 06/2022, Academy Of Tucson generated $6.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $5.9m during the year ending 06/2022. While expenses have increased by 1.5% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A QUALITY EDUCATION FOR STUDENTS CHARACTERIZED BY: A SOUND COLLEGE PREPARATORY CURRICULUM; A FACULTY OF EDUCATED, RESPECTED, ENCOURAGING AND CARING TEACHERS; A SAFE AND SUPPORTIVE ENVIRONMENT FOR LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A QUALITY EDUCATION FOR STUDENTS CHARACTERIZED BY: A SOUND COLLEGE PREPARATORY CURRICULUM; A FACULTY OF EDUCATED, RESPECTED, ENCOURAGING AND CARING TEACHERS; A SAFE AND SUPPORTIVE ENVIRONMENT FOR LEARNING; A COMMUNICATIVE & ACCOUNTABLE ADMINISTRATION. PREPARE STUDENTS FOR CITIZENSHIP IN: A KNOWLEDGE-BASED GLOBAL ECONOMY; A DEMOCRATIC AND MULTICULTURAL COUNTRY; A FREE AND OPEN SOCIETY. GRADUATE STUDENTS WHOM: SHOW RESPECT FOR THEMSELVES AND OTHERS; TAKE RESPONSIBILITY FOR THEMSELVES; PRACTICE POSITIVE LEADERSHIP; VALUE EDUCATIONAL PREPARATION AND LIFELONG LEARNING; BECOME RESPONSIBLE, CONTRIBUTING CITIZENS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Howard C Stewart President | OfficerTrustee | 40 | $72,000 |
Dr George Sokol Member | Trustee | 1 | $0 |
Ivan English Member | Trustee | 1 | $0 |
Kirsten Stephens Member | Trustee | 1 | $0 |
Marolyn Pierson Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $6,196,820 |
All other contributions, gifts, grants, and similar amounts not included above | $49,224 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,246,044 |
Total Program Service Revenue | $0 |
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 | $6,312,054 |
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. | $79,358 |
Compensation of current officers, directors, key employees. | $79,358 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,052,765 |
Pension plan accruals and contributions | $377,956 |
Other employee benefits | $168,083 |
Payroll taxes | $230,354 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,658 |
Fees for services: Accounting | $22,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $175,778 |
Advertising and promotion | $17,392 |
Office expenses | $247,675 |
Information technology | $45,099 |
Royalties | $0 |
Occupancy | $899,140 |
Travel | $5,408 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $280 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $269,573 |
Insurance | $6,449 |
All other expenses | $0 |
Total functional expenses | $5,867,044 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,013,440 |
Savings and temporary cash investments | $868,536 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $143,499 |
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 | $54,673 |
Net Land, buildings, and equipment | $4,823,171 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $161,662 |
Total assets | $7,064,981 |
Accounts payable and accrued expenses | $3,742 |
Grants payable | $0 |
Deferred revenue | $56,026 |
Tax-exempt bond liabilities | $6,969,125 |
Escrow or custodial account liability | $42,464 |
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 | $23,950 |
Total liabilities | $7,095,307 |
Net assets without donor restrictions | -$66,302 |
Net assets with donor restrictions | $35,976 |
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 | $7,064,981 |
Over the last fiscal year, we have identified 1 grants that Academy Of Tucson has recieved totaling $267.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $267 |
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 |