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Great Expectations Academy Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Primary, Elementary Schools (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$2.65M (2023)

Expenses
$2.66M (2023)

Total Assets
$1.75M (2023)

Total Liabilities
$212k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,645,685
Expenses
$2,662,391
Net Income
-$16,706
Net Assets
$1,542,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,644,830
100.0%
Program Services $855
0.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $225,450
8.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,108,428
41.6%
Assets/Debt
Total Assets $1,754,379
Total Liabilities $211,542
Net Assets $1,542,837
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mark Phillips (President) $115,964 $0 $35,334
Jeannette Big (Vice Preside) $109,486 $0 $50,955
Lee Fairman (Member) $0 $0 $0
Christian Gibson (Member) $0 $0 $0
Jeremy Lai (Member) $0 $0 $0
Lara Smith (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,954,940
Expenses
$2,772,412
Net Income
$182,528
Net Assets
$1,559,543
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,950,382
99.8%
Program Services $4,558
0.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $204,900
7.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,265,650
45.7%
Assets/Debt
Total Assets $1,903,875
Total Liabilities $344,332
Net Assets $1,559,543
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mark Phillips (President) $105,514 $0 $12,784
Jeannette Big (Vice Preside) $99,385 $0 $12,041
Lee Fairman (Member) $0 $0 $0
Christian Gibson (Member) $0 $0 $0
Jeremy Lai (Member) $0 $0 $0
Lara Smith (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,598,762
Expenses
$2,555,447
Net Income
$43,315
Net Assets
$1,377,016
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,591,426
99.7%
Program Services $7,336
0.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $203,373
8.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,108,561
43.4%
Assets/Debt
Total Assets $1,688,370
Total Liabilities $311,354
Net Assets $1,377,016
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Mark Phillips (President) $100,641 $0 $0
Jeannette Big (Vice Preside) $94,632 $0 $0
Lara Smith (Member) $24,695 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,580,389
Expenses
$2,515,624
Net Income
$64,765
Net Assets
$1,333,701
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,575,214
99.8%
Program Services $5,175
0.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $179,480
7.1%
Professional Fundraising Fees $0
Other Salaries and Wages $932,736
37.1%
Assets/Debt
Total Assets $2,101,677
Total Liabilities $767,976
Net Assets $1,333,701
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Mark Phillips (President) $91,805 $0 $0
Jeannette Big (Vice Preside) $85,914 $0 $0
Lara Smith (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,613,217
Expenses
$2,334,118
Net Income
$279,099
Net Assets
$1,268,936
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,567,926
98.3%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $45,291
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $242,941
10.4%
Professional Fundraising Fees $0
Other Salaries and Wages $975,198
41.8%
Assets/Debt
Total Assets $1,679,198
Total Liabilities $410,262
Net Assets $1,268,936

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,342,799
Expenses
$2,288,537
Net Income
$54,262
Net Assets
$989,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,290,894
97.8%
Program Services $2,108
0.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $12,111
0.5%
Net Inventory Sales $0
Other Revenue $37,686
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $216,345
9.5%
Professional Fundraising Fees $0
Other Salaries and Wages $981,849
42.9%
Assets/Debt
Total Assets $1,449,862
Total Liabilities $460,025
Net Assets $989,837

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,255,842
Expenses
$2,275,518
Net Income
-$19,676
Net Assets
$935,575
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,195,408
97.3%
Program Services $30,006
1.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $25,700
1.1%
Net Inventory Sales $0
Other Revenue $4,728
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $104,618
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,006,605
44.2%
Assets/Debt
Total Assets $1,472,054
Total Liabilities $536,479
Net Assets $935,575

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,178,618
Expenses
$2,185,627
Net Income
-$7,009
Net Assets
$955,251
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,148,736
98.6%
Program Services $29,074
1.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $808
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $112,158
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $936,331
42.8%
Assets/Debt
Total Assets $1,356,641
Total Liabilities $401,390
Net Assets $955,251

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,165,518
Expenses
$2,131,308
Net Income
$34,210
Net Assets
$962,260
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,145,808
99.1%
Program Services $18,030
0.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,680
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $139,681
6.6%
Professional Fundraising Fees $0
Other Salaries and Wages $997,419
46.8%
Assets/Debt
Total Assets $1,261,423
Total Liabilities $299,163
Net Assets $962,260

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,180,178
Expenses
$2,121,946
Net Income
$58,232
Net Assets
$928,050
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,155,837
98.9%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $8,015
0.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $16,326
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $136,264
6.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,004,552
47.3%
Assets/Debt
Total Assets $1,281,870
Total Liabilities $353,820
Net Assets $928,050

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,027,848
Expenses
$1,815,584
Net Income
$212,264
Net Assets
$869,818
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,994,200
98.3%
Program Services $10,091
0.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $9,000
0.4%
Net Inventory Sales $0
Other Revenue $14,557
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $128,266
7.1%
Professional Fundraising Fees $0
Other Salaries and Wages $931,220
51.3%
Assets/Debt
Total Assets $1,258,526
Total Liabilities $388,708
Net Assets $869,818

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,844,244
Expenses
$1,908,123
Net Income
-$63,879
Net Assets
$657,554
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,816,996
98.5%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $27,248
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $155,788
8.2%
Professional Fundraising Fees $0
Other Salaries and Wages $840,918
44.1%
Assets/Debt
Total Assets $1,065,413
Total Liabilities $407,859
Net Assets $657,554

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,891,975
Expenses
$1,790,925
Net Income
$101,050
Net Assets
$721,433
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,874,258
99.1%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $17,717
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $210,578
11.8%
Professional Fundraising Fees $0
Other Salaries and Wages $771,326
43.1%
Assets/Debt
Total Assets $1,104,049
Total Liabilities $382,616
Net Assets $721,433

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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