Young Scholars Academy Charter School Corporation
- Assets
- $12.2m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 61
- Location
- Fort Mohave, AZ
- Founding
- 02/1997
- Data as of
- 06/2021
- EIN
- 86-0831392
Organization Overview
Young Scholars Academy Charter School Corporation is located in Fort Mohave, AZ. The organization was established in 1997. 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, Young Scholars Academy Charter School Corporation employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Scholars Academy Charter School Corporation 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, Young Scholars Academy Charter School Corporation generated $3.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $3.5m during the year ending 06/2021. While expenses have increased by 7.3% per year over the past 5 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
TO IMPROVE STUDENT ACHIEVEMENT THROUGH A WELL-DISCIPLINED ACADEMIC CURRICULUM, EMPHASIZING AREAS OF READING, LANGUAGE ARTS, AND MATHEMATICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ACADEMIC CURRICULUM IN READING, LANGUAGE, ARTS, AND MATHEMATICS FOR KINDERGARTEN THROUGH 8TH GRADE STUDENTS. TO DEVELOP EACH CHILD'S ACADEMIC SKILLS AS WELL AS THEIR SOCIAL-EMOTIONAL SKILLS. CURRENTLY PROVIDING SERVICES TO 425 STUDENTS.
PROVIDE ACADEMIC CURRICULUM IN READING, LANGUAGE, ARTS, AND MATHEMATICS FOR KINDERGARTEN THROUGH 8TH GRADE STUDENTS. TO DEVELOP EACH CHILD'S ACADEMIC SKILLS AS WELL AS THEIR SOCIAL-EMOTIONAL SKILLS. CURRENTLY PROVIDING SERVICES TO 425 STUDENTS.
PROVIDE ACADEMIC CURRICULUM IN READING, LANGUAGE, ARTS AND MATHEMATICS FOR KINDERGARTEN THROUGH EIGHTH GRADE STUDENTS. TO DEVELOP EACH CHILD'S ACADEMIC SKILLS AS WELL AS THEIR SCOIAL-EMOTIONAL SKILLS. CURRENTLY PROVIDING SERVICES TO 392 STUDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tonya Smith Executive Director | OfficerTrustee | 40 | $179,412 |
Steven Smith Vice President | Trustee | 20 | $23,345 |
Patricia Applewhite Olson Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,697,586 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,444 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,703,030 |
| Total Program Service Revenue | $0 |
| Investment income | $22,965 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,000 |
| 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 | $9,978 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,768,434 |
| 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. | $252,648 |
| Compensation of current officers, directors, key employees. | $185,866 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,979,733 |
| Pension plan accruals and contributions | $250,967 |
| Other employee benefits | $207,197 |
| Payroll taxes | $165,524 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $48,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,450 |
| Advertising and promotion | $402 |
| Office expenses | $167,455 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $208,101 |
| Travel | $8,153 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,673 |
| Interest | $115,033 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $113,942 |
| Insurance | $27,318 |
| All other expenses | $0 |
| Total functional expenses | $3,484,341 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,226,001 |
| Savings and temporary cash investments | $475,337 |
| Pledges and grants receivable | $180,005 |
| 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 | $198,232 |
| Prepaid expenses and deferred charges | $9,605 |
| Net Land, buildings, and equipment | $2,435,110 |
| Investments—publicly traded securities | $7,620,144 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,340 |
| Total assets | $12,155,774 |
| Accounts payable and accrued expenses | $219,956 |
| Grants payable | $1,227 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $2,090,572 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,090,572 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,705 |
| Total liabilities | $2,327,460 |
| Net assets without donor restrictions | $9,828,314 |
| 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 | $12,155,774 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Young Scholars Academy Charter School Corporation has recieved totaling $15,705.
| Awarding Organization | Amount |
|---|---|
North American Catholic Educational Programming Foundation Inc Johnston, RI PURPOSE: TO SUPPORT BROADBAND/TECHNOLOGY NEEDS OF THE ORGANIZATION | $15,705 |
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 |