Global Renaissance Academy of Distinguished Education Inc, operating under the name Grand Canyon Preparatory Academy, is located in Tempe, AZ. As of 06/2016, Grand Canyon Preparatory Academy employed 15 individuals. Grand Canyon Preparatory Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
CHARTER SCHOOL SERVING 52 STUDENTS IN GRADES 6-12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING QUALITY EDUCATION FOR GRADES 6 - 12
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Gordon Principal | OfficerTrustee | 60 | $0 |
Jo Gordon Admin | Trustee | 45 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $759,904 |
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 | $780,023 |
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. | $31,012 |
Compensation of current officers, directors, key employees. | $23,259 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $315,488 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $25,939 |
Fees for services: Management | $0 |
Fees for services: Legal | $44,695 |
Fees for services: Accounting | $20,895 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $18,335 |
Advertising and promotion | $8,395 |
Office expenses | $13,218 |
Information technology | $3,568 |
Royalties | $0 |
Occupancy | $140,669 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $26,515 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,210 |
Insurance | $8,515 |
All other expenses | $294,375 |
Total functional expenses | $1,019,229 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $42,223 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $37,888 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $105,249 |
Total assets | $185,360 |
Accounts payable and accrued expenses | $32,847 |
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 | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $730,997 |
Other liabilities | $0 |
Total liabilities | $763,844 |
Unrestricted restricted net Assets | -$578,484 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | -$578,484 |