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Nonprofiteer
← GREAT HEARTS AMERICA

Form 990 for tax year 2022

Filed by GREAT HEARTS AMERICA.

Totals

Total revenue
$16,058,535
Total expenses
$15,238,172
Contributions and grants received
$7,790,881
Grants paid
$0
Program service revenue
$8,160,395
Investment income
$99,384
Other revenue
$7,875
Total assets, end of year
$14,882,729
Total liabilities, end of year
$12,140,306
Net assets or fund balances, end of year
$2,742,423
Program services expenses (Part IX)
$13,009,856
Management and general expenses
$1,695,507
Fundraising expenses
$532,809
Program service expenses (Part III)
$13,009,856

Program services were 85.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $5,959,420

  • 1f · All other contributions, gifts and grants

    $1,831,461

  • 2a · Program service revenue: MANAGEMENT SERVICES FEE

    total $6,691,980 · related or exempt $6,691,980

  • 2b · Program service revenue: CO-CURRICULAR ACTIVITIES

    total $1,468,415 · related or exempt $1,468,415

  • 3 · Investment income

    total $99,384 · excluded $99,384

  • 11a · Other revenue: OTHER

    total $7,875 · related or exempt $7,875

  • 11e · Other revenue, total

    $7,875

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $991,199 · program services $879,137 · management and general $82,224 · fundraising $29,838

  • 7 · Other salaries and wages

    total $8,847,070 · program services $7,846,846 · management and general $733,904 · fundraising $266,320

  • 8 · Pension plan contributions

    total $147,515 · program services $130,967 · management and general $12,514 · fundraising $4,034

  • 9 · Other employee benefits

    total $791,013 · program services $693,095 · management and general $58,793 · fundraising $39,125

  • 10 · Payroll taxes

    total $673,414 · program services $594,871 · management and general $56,267 · fundraising $22,276

  • 11b · Fees: legal

    total $155,255 · program services $55,489 · management and general $99,766

  • 11c · Fees: accounting

    total $11,400 · program services $10,479 · management and general $921

  • 11g · Fees: other

    total $1,232,549 · program services $747,905 · management and general $419,045 · fundraising $65,599

  • 12 · Advertising and promotion

    total $226,471 · program services $201,471 · management and general $25,000

  • 13 · Office expenses

    total $144,439 · program services $135,475 · management and general $6,530 · fundraising $2,434

  • 14 · Information technology

    total $366,811 · program services $322,505 · management and general $30,845 · fundraising $13,461

  • 16 · Occupancy

    total $166,864 · program services $157,428 · management and general $9,436

  • 17 · Travel

    total $390,541 · program services $336,963 · management and general $44,972 · fundraising $8,606

  • 22 · Depreciation, depletion and amortization

    total $37,581 · program services $37,581

  • 24a · Other expenses: MISCELLEANEOUS

    total $594,842 · program services $511,160 · management and general $83,682

  • 24b · Other expenses: PROFESSIONAL DEVELOPMENT

    total $229,471 · program services $209,914 · management and general $17,878 · fundraising $1,679

  • 24c · Other expenses: MEALS

    total $153,994 · program services $138,523 · management and general $13,730 · fundraising $1,741

  • 24d · Other expenses: FUNDRAISING

    total $77,696 · fundraising $77,696

  • 24e · All other expenses

    total $47 · program services $47

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,542,782 · end of year $8,419,025

  • 9 · Prepaid expenses and deferred charges

    beginning of year $258,168 · end of year $444,970

  • 10a · Land, buildings and equipment: cost or other basis

    $748,770

  • 10b · Land, buildings and equipment: accumulated depreciation

    $88,715

  • 10c · Land, buildings and equipment, net

    beginning of year $275,530 · end of year $660,055

  • 11 · Investments: publicly traded securities

    beginning of year $1,988,861 · end of year $2,044,144

  • 15 · Other assets

    beginning of year $3,363,500 · end of year $3,314,535

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,487,107 · end of year $12,123,267

  • 19 · Deferred revenue

    end of year $17,039

  • 25 · Other liabilities

    beginning of year $49,065

  • 27 · Net assets without donor restrictions

    beginning of year $1,892,669 · end of year $2,742,423

Mission and programs · 2022

Mission

GREAT HEARTS IS A NON-PROFIT NETWORK OF PUBLIC CHARTER SCHOOLS DEDICATED TO IMPROVING EDUCATION NATIONWIDE THROUGH CLASSICAL PREPARATORY K-12 ACADEMIES. A GREAT HEARTS EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS AND BEAUTY.

  • GREAT HEARTS IS A NON-PROFIT NETWORK OF PUBLIC CHARTER SCHOOLS DEDICATED TO IMPROVING EDUCATION NATIONWIDE THROUGH CLASSICAL PREPARATORY K-12 ACADEMIES. A GREAT HEARTS EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS AND BEAUTY.

    Expenses $13,009,856 · Revenue $8,160,395

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Daniel Scoggin

    CHIEF ACADEM

    Total calculated
    $383,228
    From this org
    $179,050
    From related orgs
    $179,050
    Other
    $25,128
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $174,950 + $174,950 related
    Bonus
    $100 + $100 related
    Other
    $4,000 + $4,000 related
    Deferred
    $3,412 + $3,412 related
    Nontaxable benefits
    $9,152 + $9,152 related
    Filer's total
    $191,614 + $191,614 related

  • Jay Heiler

    CEO

    Total calculated
    $534,565
    From this org
    $511,186
    From related orgs
    $0
    Other
    $23,379
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $413,186
    Bonus
    $98,000
    Other
    not reported
    Deferred
    $5,112
    Nontaxable benefits
    $18,267
    Filer's total
    $534,565

  • Jim Rahn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Steve Wheeler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kurt Davis

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Megan Beus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Marilyn Papke

    VP BUSINESS

    Total calculated
    $234,422
    From this org
    $225,389
    From related orgs
    $0
    Other
    $9,033
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,189
    Bonus
    $200
    Other
    $66,000
    Deferred
    $2,254
    Nontaxable benefits
    $6,779
    Filer's total
    $234,422

  • Genevieve Peterson

    VP DEVELOPME

    Total calculated
    $196,730
    From this org
    $192,754
    From related orgs
    $0
    Other
    $3,976
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,554
    Bonus
    $12,200
    Other
    $1,000
    Deferred
    $3,855
    Nontaxable benefits
    $121
    Filer's total
    $196,730

  • Robert Jackson

    EXECUTIVE DI

    Total calculated
    $191,725
    From this org
    $170,021
    From related orgs
    $0
    Other
    $21,704
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,421
    Bonus
    $200
    Other
    $400
    Deferred
    $3,400
    Nontaxable benefits
    $18,304
    Filer's total
    $191,725

  • Jarold Tawney

    VP CURRICULU

    Total calculated
    $191,588
    From this org
    $169,886
    From related orgs
    $0
    Other
    $21,702
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,686
    Bonus
    $200
    Other
    not reported
    Deferred
    $3,398
    Nontaxable benefits
    $18,304
    Filer's total
    $191,588

  • Kurtis Indorf

    VP INSTR IMP

    Total calculated
    $209,705
    From this org
    $204,810
    From related orgs
    $0
    Other
    $4,895
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $189,610
    Bonus
    $15,200
    Other
    not reported
    Deferred
    $3,822
    Nontaxable benefits
    $1,073
    Filer's total
    $209,705

  • Ron Zoromski

    CFO

    Total calculated
    $265,020
    From this org
    $246,908
    From related orgs
    $0
    Other
    $18,112
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,643
    Bonus
    $23,265
    Other
    not reported
    Deferred
    $4,938
    Nontaxable benefits
    $13,174
    Filer's total
    $265,020

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202411359349314031

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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