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Nonprofiteer
← LEADING EDGE ACADEMY QUEEN CREEK

Form 990 for tax year 2024

Filed by LEADING EDGE ACADEMY QUEEN CREEK.

Totals

Total revenue
$3,924,465
Total expenses
$3,485,079
Contributions and grants received
$615,773
Grants paid
$0
Program service revenue
$3,246,202
Investment income
$0
Other revenue
$62,490
Total assets, end of year
$3,406,990
Total liabilities, end of year
$188,631
Net assets or fund balances, end of year
$3,218,359
Program services expenses (Part IX)
$2,569,000
Management and general expenses
$900,985
Fundraising expenses
$15,094
Program service expenses (Part III)
$2,569,000

Program services were 73.7% 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.

  • 1e · Government grants (contributions)

    $615,773

  • 2a · Program service revenue: STATE EQUALIZATION

    total $2,896,574 · related or exempt $2,896,574

  • 2b · Program service revenue: CLASSROOM SITE FUND

    total $259,619 · related or exempt $259,619

  • 2c · Program service revenue: STUDENT ACTIVITIES

    total $61,802 · related or exempt $61,802

  • 2d · Program service revenue: INSTRUCTIONAL IMPROV FUND

    total $21,709 · related or exempt $21,709

  • 2e · Program service revenue: RENTAL INCOME

    total $6,498 · related or exempt $6,498

  • 11a · Other revenue: OTHER INCOME

    total $62,490 · related or exempt $62,490

  • 11e · Other revenue, total

    $62,490

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $122,748 · program services $107,054 · management and general $15,694

  • 7 · Other salaries and wages

    total $1,829,322 · program services $1,595,431 · management and general $233,891

  • 8 · Pension plan contributions

    total $32,454 · program services $23,809 · management and general $8,510 · fundraising $135

  • 9 · Other employee benefits

    total $58,297 · program services $49,999 · management and general $8,298

  • 10 · Payroll taxes

    total $153,055 · program services $128,998 · management and general $24,057

  • 11a · Fees: management

    total $405,499 · program services $24,497 · management and general $381,002

  • 11b · Fees: legal

    total $6,780 · program services $3,226 · management and general $3,554

  • 11c · Fees: accounting

    total $22,703 · program services $10,803 · management and general $11,900

  • 11g · Fees: other

    total $200,271 · program services $194,541 · management and general $5,730

  • 12 · Advertising and promotion

    total $16,203 · management and general $16,203

  • 13 · Office expenses

    total $156,709 · program services $130,918 · management and general $18,585 · fundraising $7,206

  • 14 · Information technology

    total $8,120 · program services $8,120

  • 17 · Travel

    total $2,142 · program services $452 · management and general $1,690

  • 22 · Depreciation, depletion and amortization

    total $44,128 · program services $30,036 · management and general $14,092

  • 23 · Insurance

    total $20,277 · management and general $20,277

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $144,415 · program services $98,296 · management and general $46,119

  • 24b · Other expenses: FOOD SERVICE

    total $112,612 · program services $112,612

  • 24c · Other expenses: OTHER

    total $66,957 · management and general $66,957

  • 24d · Other expenses: DUES AND FEES

    total $62,876 · program services $30,697 · management and general $24,426 · fundraising $7,753

  • 24e · All other expenses

    total $19,511 · program services $19,511

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,231,700 · end of year $295,229

  • 2 · Savings and temporary cash investments

    beginning of year $555,587 · end of year $553,524

  • 3 · Pledges and grants receivable

    end of year $385,342

  • 4 · Accounts receivable

    beginning of year $30,532

  • 9 · Prepaid expenses and deferred charges

    beginning of year $37,813 · end of year $72,344

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

    $1,099,497

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

    $478,891

  • 10c · Land, buildings and equipment, net

    beginning of year $664,735 · end of year $620,606

  • 15 · Other assets

    beginning of year $1,884,860 · end of year $1,479,945

  • 17 · Accounts payable and accrued expenses

    beginning of year $73,971 · end of year $68,934

  • 25 · Other liabilities

    beginning of year $1,552,283 · end of year $119,697

  • 27 · Net assets without donor restrictions

    beginning of year $2,591,868 · end of year $3,071,131

  • 28 · Net assets with donor restrictions

    beginning of year $187,105 · end of year $147,228

Mission and programs · 2024

Mission

EDUCATIONAL SERVICES TO STUDENTS IN QUEEN CREEK, AZ AND SURROUNDING COMMUNITIES.

  • LEADING EDGE ACADEMY WILL DEVELOP LIFELONG LEARNERS WHO LEAD WITH CHARACTER AND ACHIEVE ACADEMIC EXCELLENCE BY EDUCATING THE WHOLE CHILD AND FOSTERING COMMUNITY AND PARENTAL PARTNERSHIPS. THE SCHOOL PROVIDES INSTRUCTION TO STUDENTS IN KINDERGARTEN THROUGH 12TH GRADE.

    Expenses $2,569,000 · Revenue $3,246,202

As filed on the 2024 return.

Listed in Part VII

  • Delmer Geesey

    VICE PRESIDE

    Total calculated
    $215,855
    From this org
    $0
    From related orgs
    $205,550
    Other
    $10,305
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    not reported + $205,550 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $10,305 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $215,855 related
  • Lori Anderson

    PRESIDENT

    Total calculated
    $178,791
    From this org
    $0
    From related orgs
    $170,285
    Other
    $8,506
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    not reported + $170,285 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $8,506 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $178,791 related
  • Kristin Boatright

    PRINCIPAL/BO

    Total calculated
    $122,748
    From this org
    $117,540
    From related orgs
    $0
    Other
    $5,208
    Hours/week
    40
  • Michelle Borja

    FINANCE DIRE

    Total calculated
    $111,166
    From this org
    $0
    From related orgs
    $106,055
    Other
    $5,111
    Hours/week
    40
  • Jennifer Garcia

    SECRETARY

    Total calculated
    $97,251
    From this org
    $0
    From related orgs
    $89,542
    Other
    $7,709
    Hours/week
    40
  • Joey Bilbrey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Steve Butcher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jessica Darley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tim Hall

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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

None.

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.

  • ARIZONA CHARTER SOLUTIONS

  • LEE EDUCATION COMPLIANCE

  • B&P TAX & ACCT SOLUTIONS LLC

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2026
IRS schema version
2024v5.0
Source object
202611349349303876

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