Skip to content
ProPublica Donate
ProPublica Donate

Pace Preparatory 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 / Secondary, High School (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.
Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$1.44M (2023)

Expenses
$1.33M (2023)

Total Assets
$1.76M (2023)

Total Liabilities
$1.66M (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
$1,439,940
Expenses
$1,325,947
Net Income
$113,993
Net Assets
$103,196
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,439,940
100%
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 $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $497,463
37.5%
Assets/Debt
Total Assets $1,758,915
Total Liabilities $1,655,719
Net Assets $103,196
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Candice Chapman (Vice Preside) $0 $0 $0
William Sakelarios (President/Di) $0 $0 $0
Peggy Sarkisian (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,244,338
Expenses
$1,333,171
Net Income
-$88,833
Net Assets
-$10,797
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,244,338
100%
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 $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $469,862
35.2%
Assets/Debt
Total Assets $1,853,760
Total Liabilities $1,864,557
Net Assets -$10,797
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Candice Chapman (Vice Preside) $0 $0 $0
William Sakelarios (President/Di) $0 $0 $0
Peggy Sarkisian (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,353,437
Expenses
$1,315,491
Net Income
$37,946
Net Assets
$56,841
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,353,437
100%
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 $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $361,412
27.5%
Assets/Debt
Total Assets $1,865,161
Total Liabilities $1,808,320
Net Assets $56,841
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Candice Chapman (Vice Preside) $0 $0 $0
William Sakelarios (President/Di) $0 $0 $0
Peggy Sarkisian (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,177,174
Expenses
$965,165
Net Income
$212,009
Net Assets
$18,895
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,177,174
100%
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 $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $436,544
45.2%
Assets/Debt
Total Assets $1,882,057
Total Liabilities $1,863,162
Net Assets $18,895
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Candice Chapman (Vice Preside) $0 $0 $0
Candice Chapman (Director) $0 $0 $0
William Sakelarios (President/Di) $0 $0 $0
Peggy Sarkisian (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$881,440
Expenses
$971,960
Net Income
-$90,520
Net Assets
-$193,114
Notable Sources of Revenue Percent of Total Revenue
Contributions $881,440
100%
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 $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $407,056
41.9%
Assets/Debt
Total Assets $1,812,963
Total Liabilities $2,006,077
Net Assets -$193,114
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
William Sakelarios (President/Di) $0 $0 $0
Candice Chapman (Vice Preside) $0 $0 $0
Peggy Sarkisian (Secretary) $0 $0 $0
Candice Chapman (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$977,550
Expenses
$928,405
Net Income
$49,145
Net Assets
-$102,594
Notable Sources of Revenue Percent of Total Revenue
Contributions $977,550
100%
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 $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $388,764
41.9%
Assets/Debt
Total Assets $1,784,961
Total Liabilities $1,887,555
Net Assets -$102,594
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
William Sakelarios (President/Di) $0 $0 $0
Julie Grejeda (Director) $0 $0 $0
Candice Chapman (Director) $0 $0 $0
Candace Chapman (Vice Preside) $0 $0 $0
Peggy Sarkisian (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,106,807
Expenses
$1,053,571
Net Income
$53,236
Net Assets
-$215,325
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,106,807
100%
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 $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $348,193
33.0%
Assets/Debt
Total Assets $1,813,006
Total Liabilities $2,028,331
Net Assets -$215,325
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
William Sakelarios (President/Di) $0 $0 $0
Julie Grejeda (Director) $0 $0 $0
Candice Chapman (Director) $0 $0 $0
Candace Chapman (Vice Preside) $0 $0 $0
Josh Dibiasi (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$967,912
Expenses
$929,755
Net Income
$38,157
Net Assets
-$268,561
Notable Sources of Revenue Percent of Total Revenue
Contributions $967,912
100%
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 $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $295,596
31.8%
Assets/Debt
Total Assets $1,917,520
Total Liabilities $2,186,081
Net Assets -$268,561
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
William Sakelarios (President/Di) $0 $0 $0
Julie Grejeda (Director) $0 $0 $0
Candice Chapman (Director) $0 $0 $0
Candace Chapman (Vice Preside) $0 $0 $0
Josh Dibiasi (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$822,862
Expenses
$973,666
Net Income
-$150,804
Net Assets
-$282,922
Notable Sources of Revenue Percent of Total Revenue
Contributions $822,862
100%
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 $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $307,073
31.5%
Assets/Debt
Total Assets $1,959,064
Total Liabilities $2,241,986
Net Assets -$282,922
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
William Sakelarios (President/Di) $0 $0 $0
Julie Grejeda (Director) $0 $0 $0
Candice Chapman (Director) $0 $0 $0
Candace Chapman (Vice Preside) $0 $0 $0
Josh Dibiasi (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$884,082
Expenses
$985,238
Net Income
-$101,156
Net Assets
-$120,851
Notable Sources of Revenue Percent of Total Revenue
Contributions $884,082
100%
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 $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $321,432
32.6%
Assets/Debt
Total Assets $204,412
Total Liabilities $325,263
Net Assets -$120,851
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
William Sakelarios (President/Di) $0 $0 $0
Julie Grejeda (Director) $0 $0 $0
Candice Chapman (Director) $0 $0 $0
Candace Chapman (Vice Preside) $0 $0 $0
Josh Dibiasi (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$960,368
Expenses
$866,420
Net Income
$93,948
Net Assets
$180,305
Notable Sources of Revenue Percent of Total Revenue
Contributions $960,363
100.0%
Program Services $0
Investment Income $5
0.0%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $228,674
26.4%
Assets/Debt
Total Assets $317,071
Total Liabilities $136,766
Net Assets $180,305

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$795,781
Expenses
$885,145
Net Income
-$89,364
Net Assets
$86,357
Notable Sources of Revenue Percent of Total Revenue
Contributions $795,780
100.0%
Program Services $0
Investment Income $1
0.0%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $233,253
26.4%
Assets/Debt
Total Assets $271,676
Total Liabilities $185,319
Net Assets $86,357

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$822,928
Expenses
$829,311
Net Income
-$6,383
Net Assets
$175,721
Notable Sources of Revenue Percent of Total Revenue
Contributions $821,239
99.8%
Program Services $0
Investment Income $9
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,680
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $183,108
22.1%
Professional Fundraising Fees $0
Other Salaries and Wages $83,454
10.1%
Assets/Debt
Total Assets $242,910
Total Liabilities $67,189
Net Assets $175,721

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

Fiscal Year Ending June
2000

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.

Which Organizations Are Here?

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

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »