Archway Classical Academy Scottsdale
- Assets
- $5.9m
- Revenue
- $11.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 03/2012
- Data as of
- 06/2022
- EIN
- 27-3364842
Organization Overview
Archway Classical Academy Scottsdale is located in Phoenix, AZ. The organization was established in 2012. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Archway Classical Academy Scottsdale 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 06/2022, Archway Classical Academy Scottsdale generated $11.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $10.5m during the year ending 06/2022. While expenses have increased by 18.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AN ARCHWAY CLASSICAL ACADEMY SCOTTSDALE 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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AN ARCHWAY CLASSICAL ACADEMY SCOTTSDALE 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Mulhern President | OfficerTrustee | 2 | $0 |
Philip Tirone Vice Preside | OfficerTrustee | 2 | $0 |
Diane Bishop Secretary | OfficerTrustee | 2 | $0 |
Christofer Pereyra Director | Trustee | 2 | $0 |
Henry Kersting Headmaster | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $433,128 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,227,072 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,660,200 |
| Total Program Service Revenue | $9,324,930 |
| Investment income | $18,935 |
| 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 | $11,409,716 |
| 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. | $133,485 |
| Compensation of current officers, directors, key employees. | $12,849 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,485,931 |
| Pension plan accruals and contributions | $62,360 |
| Other employee benefits | $961,777 |
| Payroll taxes | $350,859 |
| Fees for services: Management | $850,130 |
| Fees for services: Legal | $44 |
| Fees for services: Accounting | $10,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $280,970 |
| Advertising and promotion | $0 |
| Office expenses | $33,418 |
| Information technology | $125,528 |
| Royalties | $0 |
| Occupancy | $1,275,195 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $193,842 |
| Insurance | $0 |
| All other expenses | $146,940 |
| Total functional expenses | $10,459,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,253,255 |
| Savings and temporary cash investments | $704,567 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $439,734 |
| 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 | $329,199 |
| Net Land, buildings, and equipment | $1,193,340 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,920,095 |
| Accounts payable and accrued expenses | $342,345 |
| Grants payable | $0 |
| Deferred revenue | $19,412 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $293,486 |
| Total liabilities | $655,243 |
| Net assets without donor restrictions | $5,264,852 |
| Net assets with donor restrictions | $0 |
| 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 | $5,920,095 |