Nonprofit · EIN 73-1716561
SAGE ACADEMY INC
Tax-exempt · SURPRISE, AZ 85378
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,616,133 | $1,242,364 | $373,769 | $1,022,589 | $1,044,559 | -$21,970 |
| June 30, 2024 | 990 | $1,617,928 | $1,745,386 | -$127,458 | $870,122 | $1,265,861 | -$395,739 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,061,343
- of which government grants
- $772,706
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $554,790
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $119,664
- Other salaries and wages
- $291,031
- Salaries, compensation and benefits (total)
- $410,695
- Professional fundraising fees
- $0
- Occupancy
- $151,775
- Depreciation
- $8,166
- Program services (functional)
- $1,067,005
- Management and general (functional)
- $175,359
Balance sheet and other
- Total assets, start of year
- $870,122
- Total assets, end of year
- $1,022,589
- Total liabilities, end of year
- $1,044,559
- Net assets, end of year
- -$21,970
- Land, buildings and equipment
- $48,942
- Net assets without donor restrictions
- -$21,970
- Gross receipts
- $1,616,133
- Employees
- 13
- Volunteers
- 0
- Year formed
- 2004
- State of legal domicile
- AZ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNNETTE LETCHER | ADMIN DIRECTOR Officer | 60 | $119,664 |
| LENNY G LETCHER | PRESIDENT/SECRETARY Trustee or director, Officer | 5 | $0 |
| JOHN PIERCE | BOARD MEMBER Trustee or director | 1 | $0 |
| DALE LETCHER | BOARD MEMBER Trustee or director | 1 | $0 |
| LENNY LETCHER II | BOARD CHAIRMAN Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNNETTE LETCHER | ADMIN DIRECTOR Officer | 60 | $118,733 |
| LENNY G LETCHER | PRESIDENT/SECRETARY Trustee or director, Officer | 5 | $0 |
| JOHN PIERCE | BOARD MEMBER Trustee or director | 1 | $0 |
| DALE LETCHER | BOARD MEMBER Trustee or director | 1 | $0 |
| LENNY LETCHER II | BOARD CHAIRMAN Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1400, SURPRISE, AZ 85378-1400
- In care of
- % LENNY G LETCHER
- Principal officer (990 for 2024)
- LENNY G LETCHER, 12701 WEST ELM STREEET, SUPRISE, AZ 85374
- Signed the 990
- LENNY G LETCHER, PRESIDENT/SECRETARY
- Phone
- (602) 485-3402
- Website
- WWW.SAGE-ACADEMY.ORG
- Return prepared by
- ATLAS CPAS & ADVISORS PLLC
Mission
OPERATION OF A CHARTER SCHOOL
Program accomplishments
- SAGE ACADEMY CHARTER SCHOOL IS A TUITION-FREE KINDERGARTEN THROUGH 8TH GRADE SCHOOL OF CHOICE CHARTERED BY THE STATE OF ARIZONA BOARD OF EDUCATION. OUR VISION IS TO POSITIVELY IMPACT STUDENTS, PARENTS, AND THE COMMUNITY BY APPLYING A TRADITIONAL APPROACH TO A SOLID AND SOUND EDUCATION SYSTEM FOR OUR CHILDREN. NOTHING IS MORE IMPORTANT THAN GIVING A CHILD THE BEST EDUCATION AVAILABLE. OUR MISSION AT SAGE ACADEMY IS TO CHALLENGE EACH STUDENT TO LEARN, GROW, AND EXCEL IN CHARACTER, KNOWLEDGE, WISDOM AND LIFE.Expenses $1,067,005
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 73-1716561
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $1,022,589
- Income (IRS master file)
- $1,616,133
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,616,133 | $1,242,364 | $1,022,589 | XML |
| 990 | June 2024 | $1,617,928 | $1,745,386 | $870,122 | XML |
| 990 | June 2023 | $1,818,448 | $1,829,655 | $1,385,486 | IRS |
| 990 | June 2022 | $2,422,318 | $2,202,302 | $1,998,854 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 73-1716561).
Questions about SAGE ACADEMY INC
- What is the EIN of SAGE ACADEMY INC?
- The employer identification number (EIN) of SAGE ACADEMY INC is 73-1716561.
- Is SAGE ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to SAGE ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SAGE ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SAGE ACADEMY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SAGE ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SAGE ACADEMY INC?
- The 990 for the year ended June 30, 2025 names LENNY G LETCHER.
- Who are the officers and directors of SAGE ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $119,664 (LYNNETTE LETCHER, ADMIN DIRECTOR).
- How much revenue does SAGE ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,616,133, expenses of $1,242,364 and total assets of $1,022,589 at year end.
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