Great Expectations Academy Inc is located in Sahuarita, AZ. The organization was established in 2000. 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, Great Expectations Academy Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Expectations Academy 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, Great Expectations Academy Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $2.6m during the year ending 06/2021. While expenses have increased by 3.1% 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
TO PREPARE STUDENTS TO BECOME COMPETENT, LITERATE, PRODUCTIVE CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDES STUDENTS WITH A SENSE OF BELONGING, SELF-DETERMINATION AND COMPETENCE, WHILE PROMOTING TRUST THROUGH GOOD RELATIONSHIPS AND COMMUNICATION. THE SCHOOL PROVIDES EDUCATIONAL SERVICES TO KINDERGARTEN THROUGH EIGHTH GRADE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Phillips President | OfficerTrustee | 40 | $100,641 |
Jeannette Big Vice Preside | Trustee | 40 | $94,632 |
Lara Smith Member | Trustee | 2 | $24,695 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,583,749 |
All other contributions, gifts, grants, and similar amounts not included above | $7,677 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,591,426 |
Total Program Service Revenue | $7,336 |
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 | $2,598,762 |
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. | $203,373 |
Compensation of current officers, directors, key employees. | $151,010 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,108,561 |
Pension plan accruals and contributions | $136,692 |
Other employee benefits | $139,288 |
Payroll taxes | $100,363 |
Fees for services: Management | $0 |
Fees for services: Legal | $405 |
Fees for services: Accounting | $36,908 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $396,563 |
Advertising and promotion | $0 |
Office expenses | $259,833 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $92,370 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $5,631 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $75,460 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $2,555,447 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $576,877 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $3,187 |
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 | $1,106,473 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,833 |
Total assets | $1,688,370 |
Accounts payable and accrued expenses | $196,116 |
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 | $115,238 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $311,354 |
Net assets without donor restrictions | $1,374,339 |
Net assets with donor restrictions | $2,677 |
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 | $1,688,370 |
Over the last fiscal year, we have identified 1 grants that Great Expectations Academy Inc has recieved totaling $142.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $142 |
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 |