Grandview Associates Inc, Sierra Preparatory Academy in Mesa, Arizona (AZ)

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Grandview Associates Inc, Sierra Preparatory Academy
Employer Identification Number (EIN)463641875
Name of OrganizationGrandview Associates Inc
Secondary NameSierra Preparatory Academy
In Care of NameEdward W Denny
Address9307 E Grandview St, Mesa, AZ 85207
SubsectionEducational Organization
Ruling Date05/2014
DeductibilityContributions are deductible
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$6,825
Amount of Income$49,400
Form 990 Revenue Amount$49,400
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Education (Not Elsewhere Classified)

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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$49,400
Contributions, gifts, grants, and similar amounts received$49,400
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$99,887
Total net assets$-76,279
Excess/Deficit for the year$-50,487
Net assets or fund balances at beginning of year$-25,792
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$-50,487
Balance Sheets
Total assets$6,825
Total liabilities$83,104
Net assets or fund balances$-76,279
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?Yes
Total amount involved$32,500
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
Number of organizations supported0
Sum of amounts of support$0
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