Form 990 for tax year 2025
Filed by APPLIED SCHOLASTICS INTERNATIONAL.
Totals
- Total revenue
- $525,587
- Total expenses
- $532,468
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $499,198
- Investment income
- $0
- Other revenue
- $26,389
- Total assets, end of year
- $135,103
- Total liabilities, end of year
- $10,906
- Net assets or fund balances, end of year
- $124,197
- Program services expenses (Part IX)
- $486,288
- Management and general expenses
- $43,213
- Fundraising expenses
- $2,967
- Program service expenses (Part III)
- $486,288
Program services were 91.3% 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.
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $499,198 · related or exempt $499,198
-
10a · Gross sales of inventory
$59,322
-
10b · Cost of goods sold
$32,933
-
10c · Net income from sales of inventory
total $26,389 · related or exempt $26,389
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $167,481 · program services $150,733 · management and general $16,748
-
10 · Payroll taxes
total $45,548 · program services $40,993 · management and general $4,555
-
11c · Fees: accounting
total $5,876 · management and general $5,876
-
11g · Fees: other
total $39,865 · program services $39,865
-
12 · Advertising and promotion
total $32,925 · program services $29,958 · fundraising $2,967
-
13 · Office expenses
total $44,857 · program services $38,618 · management and general $6,239
-
14 · Information technology
total $102,747 · program services $97,610 · management and general $5,137
-
16 · Occupancy
total $88,843 · program services $84,401 · management and general $4,442
-
17 · Travel
total $1,999 · program services $1,899 · management and general $100
-
19 · Conferences, conventions and meetings
total $240 · program services $228 · management and general $12
-
23 · Insurance
total $2,087 · program services $1,983 · management and general $104
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $138,065 · end of year $134,938
-
7 · Other notes and loans receivable
beginning of year $4,645 · end of year $165
-
17 · Accounts payable and accrued expenses
beginning of year $11,632 · end of year $10,906
-
27 · Net assets without donor restrictions
beginning of year $131,078 · end of year $124,197
Mission and programs · 2025
Mission
OPERATION OF AN ONLINE HOMESCHOOLING ACADEMY FOR GRADES K THRU 12.
-
APPLIED SCHOLASTICS ONLINE ACADEMY HAS THE MISSION OF REACHING STUDENTS FROM KINDERGARTEN TO TWELFTH GRADE AROUND THE WORLD AND HELPING THEM OBTAIN A STELLAR EDUCATION THROUGH HOME STUDY. THE ORGANIZATION DELIVERED ASSISTANCE TO 351 STUDENTS; TESTING AND PLACEMENT WERE DELIVERED TO APPROXIMATELY 309 STUDENTS. 25 DIPLOMAS WERE ISSUED IN 2025.
Expenses $486,288 · Revenue $499,198
As filed on the 2025 return.
Listed in Part VII
-
Carlynn McCormickCARLYNN MCCORMICK
CEO, DIRECTO
- Total calculated
- $39,362
- From this org
- $39,362
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
John McCormickJOHN MCCORMICK
CFO
- Total calculated
- $28,877
- From this org
- $28,877
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Pam MonizPAM MONIZ
DIRECTOR
- Total calculated
- $0
-
Debbie WattDEBBIE WATT
DIRECTOR
- Total calculated
- $0
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 20 July 2026
- IRS schema version
- 2025v4.0
- Source object
- 202642049349301449
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