TELEOS PREPARATORY ACADEMY Charity Report

Tax-exempt status may be revoked

TELEOS PREPARATORY ACADEMY

EIN 26-2700807

What they do

A TELEOS PREPARATORY ACADEMY 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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Easy charity check

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2018The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

12.20%of revenue went to mission work55.7% of expenses · Program services

$21.90spent for every $100 of revenueRevenue covered expenses this year.

9.70%of revenue went to management and office costs44.3% of expenses

99.1%of its money came from giftsOther money may come from services or investments.

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Money

Financial picture

Tax year 2018

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,927,957

Mission workProgram services$235,20512.20% of revenue55.7% of expenses

ManagementOffice and general costs$187,0919.70% of revenue44.3% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$1,505,66178.10% of revenueShown in gray on the chart

Total expenses$422,29621.90% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2018CurrentExpense mix: 55.7% mission · 44.3% management · 0.0% fundraisingTotal expenses: 21.90% of revenue

2017Expense mix: 72.2% mission · 27.8% management · 0.0% fundraisingTotal expenses: 147.32% of revenue

2016Expense mix: 70.0% mission · 29.9% management · 0.1% fundraisingTotal expenses: 99.34% of revenue

2015Expense mix: 68.6% mission · 31.3% management · 0.1% fundraisingTotal expenses: 99.61% of revenue

Money in and money out

Revenue$1,927,957

Expenses$422,296

Annual surplus $1,505,661 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$235,205 · 55.7% of expenses

Management and office costs$187,091 · 44.3% of expenses

See all reported dollar amounts

Revenue$1,927,957

Expenses$422,296

Contributions$1,911,387

Mission work (program services)$235,205

Management and general$187,091

People

Leadership and board

Tax year 2018

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (12)

ANN SEIDENDIRECTOR

DR LESLEY WILLIAMS-BLACKWELLPRESIDENT

DR ROBERT JACKSONDIRECTOR

HELEN HAYESDIRECTOR

JOHN BOOTS DUNLAPVICE PRESIDE

KAREN WILLIAMSSECRETARY

MAC ESAUDIRECTOR

MATTHEW MASONDIRECTOR

ROBIN DOWDLEDIRECTOR

STEPHEN HOUGHTONDIRECTOR

TIFFANY STARKSDIRECTOR

WHITNEY CHAPADIRECTOR

About this charity

Location: 4801 E WASHINGTON STREET SUITE 250, PHOENIX, AZ 85034
County: Maricopa
In care of: RON ZOROMSKI
Primary officer: RON ZOROMSKI, CFO

How to reach them

WebsiteVisit the charity’s website Phone(602) 386-1881 Officer phone(480) 899-9181

Filing and classification

Latest tax year: 2018
Tax period began: July 1, 2018
Return type: 990
Tax preparer: FESTER & CHAPMAN PLLC
Revocation date: November 15, 2022