Totals
- Total revenue
- $10,255,027
- Total expenses
- $10,278,270
- Contributions and grants received
- $1,920,852
- Grants paid
- $0
- Program service revenue
- $8,154,244
- Investment income
- $0
- Other revenue
- $179,931
- Total assets, end of year
- $26,351,777
- Total liabilities, end of year
- $26,941,023
- Net assets or fund balances, end of year
- -$589,246
- Program services expenses (Part IX)
- $8,120,577
- Management and general expenses
- $2,142,964
- Fundraising expenses
- $14,729
- Program service expenses (Part III)
- $8,120,577
Program services were 79.0% 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)
$1,680,560
-
1f · All other contributions, gifts and grants
$240,292
-
2a · Program service revenue: STATE EQUALIZATION
total $7,241,580 · related or exempt $7,241,580
-
2b · Program service revenue: CLASSROOM SITE FUNDS
total $733,487 · related or exempt $733,487
-
2c · Program service revenue: INSTRUCTIONAL IMPROVE FUND
total $80,089 · related or exempt $80,089
-
2d · Program service revenue: FOOD SERVICE
total $78,186 · related or exempt $78,186
-
2e · Program service revenue: BEFORE AND AFTER CARE
total $20,902 · related or exempt $20,902
-
6a · Gross rents
real property $8,000
-
6c · Rental income or loss
real property $8,000
-
6d · Net rental income or loss
total $8,000 · excluded $8,000
-
11a · Other revenue: MISCELLANEOUS
total $171,931 · related or exempt $171,931
-
11e · Other revenue, total
$171,931
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $171,833 · program services $127,540 · management and general $44,293
-
7 · Other salaries and wages
total $4,406,635 · program services $3,270,745 · management and general $1,135,890
-
8 · Pension plan contributions
total $10,250 · program services $1,025 · management and general $9,225
-
9 · Other employee benefits
total $289,414 · program services $289,414
-
10 · Payroll taxes
total $430,920 · program services $323,610 · management and general $107,310
-
11b · Fees: legal
total $36,792 · management and general $36,792
-
11c · Fees: accounting
total $112,685 · management and general $112,685
-
11g · Fees: other
total $438,814 · program services $332,249 · management and general $106,565
-
12 · Advertising and promotion
total $173,212 · program services $147,230 · management and general $25,982
-
13 · Office expenses
total $40,684 · program services $7,230 · management and general $33,454
-
17 · Travel
total $8,044 · program services $4,495 · management and general $3,549
-
20 · Interest
total $1,804,432 · program services $1,533,767 · management and general $270,665
-
22 · Depreciation, depletion and amortization
total $944,086 · program services $821,355 · management and general $122,731
-
23 · Insurance
total $9,183 · program services $7,806 · management and general $1,377
-
24a · Other expenses: SUPPLIES & INSTRUCTIONAL
total $481,658 · program services $467,530 · management and general $14,128
-
24b · Other expenses: UTILITIES
total $391,995 · program services $333,196 · management and general $58,799
-
24c · Other expenses: FOOD SERVICE
total $311,261 · program services $311,261
-
24d · Other expenses: MISCELLANEOUS
total $123,518 · program services $63,549 · management and general $45,240 · fundraising $14,729
-
24e · All other expenses
total $92,854 · program services $78,575 · management and general $14,279
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,566,672 · end of year $2,744,606
-
3 · Pledges and grants receivable
beginning of year $102,919 · end of year $742,180
-
4 · Accounts receivable
beginning of year $1,425 · end of year $2,733
-
9 · Prepaid expenses and deferred charges
beginning of year $23,390 · end of year $63,628
-
10a · Land, buildings and equipment: cost or other basis
$26,385,608
-
10b · Land, buildings and equipment: accumulated depreciation
$3,763,411
-
10c · Land, buildings and equipment, net
beginning of year $23,557,867 · end of year $22,622,197
-
15 · Other assets
beginning of year $699,246 · end of year $176,433
-
17 · Accounts payable and accrued expenses
beginning of year $572,923 · end of year $271,593
-
20 · Tax-exempt bond liabilities
beginning of year $26,944,599 · end of year $26,669,430
-
27 · Net assets without donor restrictions
beginning of year -$1,096,140 · end of year -$1,107,900
-
28 · Net assets with donor restrictions
beginning of year $530,137 · end of year $518,654
Mission and programs · 2022
Mission
SUN VALLEY ACADEMY HAS MADE A COMMITMENT TO PROVIDE EACH STUDENT WITH A QUALITY EDUCATION THROUGH HIGH STANDARDS AND HIGH ACHIEVEMENT. WE FOSTER A SCHOOL CULTURE IN WHICH TEACHERS, STUDENTS, AND PARENTS ARE ACTIVE PARTICIPANTS. OUR PURSUIT OF ACADEMIC EXCELLENCE IS ENHANCED BY FAMILY PARTNERSHIPS AND THE DEVELOPMENT OF LEADERSHIP SKILLS. THIS DYNAMIC COMBINATION MOTIVATES STUDENTS TO EMBRACE LIFE-LONG LEARNING AND TO BECOME PRODUCTIVE MEMBERS OF OUR COMMUNITY. SUN VALLEY ACADEMY EMPOWERS EVERY STUDENT, EVERY DAY, THROUGH HIGH STANDARDS AND HIGH ACHIEVEMENT.
-
SUN VALLEY ACADEMY HAS MADE A COMMITMENT TO PROVIDE EACH STUDENT WITH A QUALITY EDUCATION THROUGH HIGH STANDARDS AND HIGH ACHIEVEMENT. WE FOSTER A SCHOOL CULTURE IN WHICH TEACHERS, STUDENTS, AND PARENTS ARE ACTIVE PARTICIPANTS. OUR PURSUIT OF ACADEMIC EXCELLENCE IS ENHANCED BY FAMILY PARTNERSHIPS AND THE DEVELOPMENT OF LEADERSHIP SKILLS. THIS DYNAMIC COMBINATION MOTIVATES STUDENTS TO EMBRACE LIFE-LONG LEARNING AND TO BECOME PRODUCTIVE MEMBERS OF OUR COMMUNITY. SUN VALLEY ACADEMY EMPOWERS EVERY STUDENT, EVERY DAY, THROUGH HIGH STANDARDS AND HIGH ACHIEVEMENT.
Expenses $8,120,577 · Revenue $8,154,244
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tanae MorrisonTANAE MORRISON
EXECUTIVE DI
- Total calculated
- $197,672
- From this org
- $171,833
- From related orgs
- $0
- Other
- $25,839
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,833
- Bonus
- not reported
- Other
- not reported
- Deferred
- $25,839
- Nontaxable benefits
- not reported
- Filer's total
- $197,672
-
Juniper Dery-ChaffinJUNIPER DERY-CHAFFIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Leanette HenaganLEANETTE HENAGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rachel JohnsonRACHEL JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
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 · 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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
SUN VALLEY EDUCATION LLC
PRESCHOOL · AZ
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 29 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421219349300817
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