Victory Academy Inc in Acworth, Georgia (GA)

Table of contents:

Organization representatives - add corrected or new information about Victory Academy Inc »

Non-representatives - add comments about Victory Academy Inc»

Victory Academy Inc
Employer Identification Number (EIN)582646594
Name of OrganizationVictory Academy Inc
In Care of NameAnnette Hew
Address274 Willow Pond Court, Acworth, GA 30101
SubsectionEducational Organization
Ruling Date08/2003
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2008
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$31
Amount of Income$46,108
Form 990 Revenue Amount$46,108
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Elementary, Secondary Education, K - 12


Non-representatives - add comments:


CAPTCHA

Your IP address 23.22.212.158 will be logged.

Amount of income in 2008: $46,108
Victory Academy Inc: 

 $46,108
Other organizations performing similar types of work: 

 $429,491

Assets in 2008: $31
Victory Academy Inc: 

 $31
Other organizations performing similar types of work: 

 $157,092

Expenses in 2006: $59,026
Victory Academy Inc: 

 $59,026
Other organizations performing similar types of work: 

 $5,044,057

Income to expenses ratio in 2006: 0.8
Victory Academy Inc: 

 0.8
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2006: 0.0%
Victory Academy Inc: 

 0.0%
Other organizations performing similar types of work: 

 81.8%

Grants share in income in 2006: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 18.9%

Financial snapshot ($)

Expenses for 2006

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20022006
Total revenue$69,541$46,108
Contributions, gifts, grants, and similar amounts received$3,832$0
Program service revenue including government fees and contracts$65,709$46,108
Membership dues and assessments$0$0
Investment income$0$0
Gain or (loss) from sales of assets other than inventory$0$0
Gross amount from sales of assets other than inventory$0$0
Less: cost or other basis and sales expenses$0$0
Net income or (loss) from special events and activities$0$0
Gross revenue$0$0
Less: direct expenses other than fundraising expenses$0$0
Gross profit or (loss) from sales of inventory$0$0
Gross sales of inventory, less returns and allowances$0$0
Less: cost of goods sold$0$0
Other revenue$0$0
Total expenses$39,682$59,026
Grants and similar amounts paid$0$0
Benefits paid to or for members$0$0
Salaries, other compensation, and employee benefits$15,335$47,535
Professional fees and other payments to independent contractors$0$0
Occupancy, rent, utilities, and maintenance$1,829$2,420
Printing, publications, postage, and shipping$1,025$217
Other expenses$21,493$8,854
Net assets or fund balances at end of year$27,853$31
Excess or (deficit) for the year$29,859$-12,918
Net assets or fund balances at beginning of year$-92$12,949
Other changes in net assets or fund balances$-1,914$0
Balance Sheets
20022006
Total assets$33,087$2,264
Cash, savings, and investments$31,490$2,264
Land and buildings$0$0
Other assets$1,597$0
Total liabilities$5,234$2,234
Net assets or fund balances$27,853$30
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2006)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2006)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isSchool
Support Schedule
20012005
Total$0$0
Gifts, grants, and contributions received$0$0
Membership fees received$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0
Net income from unrelated business activities not included above$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0
Other income$0$0
Lobbying Expenditures by Electing Public Charities (for 2006)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Regis University3333 Regis Blvd, Denver, CO 80221-1154CO2006-09$154,573,302
2Harmony School Of Advancement High School, Harmony Science Academy9321 W Sam Houston Pkwy S, Houston, TX 77099-5204TX2000-05$148,670,964
3Chicago Charter School Foundation, Chicago Int Charter School11 E Adams St Ste 600, Chicago, IL 60603-6330IL1999-03$79,223,141
4Idea Public Schools505 Angelita Dr Ste 9, Weslaco, TX 78596-4694TX2000-06$78,463,527
5Responsive Education SolutionsPO BOX 292730, Lewisville, TX 75029-2730TX1999-03$59,622,718
6Detroit Country Day School22305 W 13 Mile Rd, Beverly Hills, MI 48025-4435MI1941-09$52,977,111
7Kipp Dc Inc1003 K St Nw Ste 700, Washington, DC 20001-4421DC2001-07$47,456,994
8Berkeley Preparatory School Inc4811 Kelly Rd, Tampa, FL 33615-5020FL2011-12$36,686,069
9Kings Classical Academy Inc471 Arnold Mill Rd, Woodstock, GA 30188-2874GA2000-06$1,613,278
10Victory Academy Inc274 Willow Pond Court, Acworth, GA 30101GA2003-08$46,108
11Kings Ridge Christian School Inc285 S Main St, Alpharetta, GA 30009-1937GA2001-09$11,826,004
12American Heritage Academy Inc2126 Sixes Rd, Canton, GA 30114-8162GA2004-02$5,856,844
13Prince Avenue Christian School2131 Ruth Jackson Rd, Bogart, GA 30622-5321GA2005-06$5,645,390
14Ron Clark Academy Inc228 Margaret St Se, Atlanta, GA 30315-4105GA2005-10$3,336,056
15Hla Inc, Hidden Lake Academy830 Hidden Lake Rd, Dahlonega, GA 30533-1875GA1998-12$2,425,318
16Lafayette Christian School Inc1904 Hamilton Rd, Lagrange, GA 30241-6016GA2004-12$2,400,166
17Horizon Christian Academy IncPO BOX 2715, Cumming, GA 30028-6508GA2001-05$2,270,466
18Lionheart School Inc225 Roswell St, Alpharetta, GA 30009-1933GA2001-01$1,770,755
19Cornerstone Preparatory AcademyPmb 111, Acworth, GA 30101GA2004-06$1,331,338
20Covenant Christian Inc, Covenant Christian Academy6905 Post Rd, Cumming, GA 30040-6262GA2002-11$1,303,078
21Peachtree Academy Private School1801 Ellington Rd Se, Conyers, GA 30013-6381GA2008-01$1,257,114
22Eastminster School Inc2450 Lennox Rd Se, Conyers, GA 30094-2026GA2004-11$1,184,320
23Mount Carmel Christian School Inc6015 Old Stone Mountain Rd, Stone Mtn, GA 30087-1839GA2007-08$1,120,610
24Association Of Family Practice Physician Assistants1905 Woodstock Rd Ste 2150, Roswell, GA 30075-5623GA1999-04$1,032,855
25Cumberland Academy Of Georgia Inc650 Mt Vernon Highway Ne, Atlanta, GA 30328-4221GA2008-08$929,356
26Augusta Heritage Academy Inc333 Greene St, Augusta, GA 30901-1618GA2000-11$904,300
27Hirsch Academy Inc705 S Candler St, Decatur, GA 30030-4457GA2005-12$854,794
28Gwinnett Christian Academy Inc2306 Bethany Church Rd, Snellville, GA 30039-3904GA2002-03$779,378
29People Educating All Children Equally Inc, Woodlees Christian Academy3915 Highway 162, Covington, GA 30016-6300GA2005-08$704,331
30Creative Childhood Inc6610 Abercorn St, Savannah, GA 31405-5827GA2000-02$632,262
Number of organizations performing similar types of work
Alaska4
Alabama47
Arkansas36
Arizona80
California283
Colorado77
Connecticut29
District of Columbia25
Delaware10
Florida226
Georgia147
Hawaii11
Iowa23
Idaho23
Illinois116
Indiana67
Kansas17
Kentucky46
Louisiana28
Massachusetts51
Maryland51
Maine20
Michigan38
Minnesota67
Missouri95
Mississippi35
Montana16
North Carolina96
North Dakota5
Nebraska17
New Hampshire13
New Jersey93
New Mexico30
Nevada17
New York119
Ohio78
Oklahoma38
Oregon60
Pennsylvania97
Rhode Island6
South Carolina45
South Dakota5
Tennessee57
Texas251
Utah18
Virginia96
Vermont12
Washington89
Wisconsin59
West Virginia12
Wyoming1
International31
Total3,013

faqs.org is not associated with, endorsed by, or sponsored by Victory Academy Inc and has no official or unofficial affiliation with Victory Academy Inc