Morrison Education Group INC FY2020 filing

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Sun valley academy has made a commitment to provide each student with a quality Education through high standards and high achievement. We foster a school culture in which teachers, students, and parents are active participants. Our pursuit of academic excellence is enhanced by family partnerships and the development of leadership skills. This dynamic combination motivates students to embrace life-long learning and to become productive members of our community. Sun valley academy empowers every student, every day, through high standards and high achievement.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$194K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $709K a year · 11% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$194K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $70
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$29.1M
98% of total assets
Concern: liabilities are 98% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.2M
Spent
$5.2M
To programs
74%
Net assets
$655K
By yearFY2020–FY2025
Revenue
$5.2M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$5.2M
FY2021$7.6M
FY2022$8.7M
FY2023$10.3M
FY2024$3.8M
FY2025$4.9M
Expenses
$5.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$5.2M
FY2021$8.3M
FY2022$9.2M
FY2023$10.3M
FY2024$4.5M
FY2025$7.1M
Net assets
$655K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$655K
FY2021−$43K
FY2022−$566K
FY2023−$589K
FY2024−$345K
FY2025−$2.5M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $3.9M Management & general 26% · $1.4M Fundraising 0% · $23K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $194K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Di
$193,824Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Tanae Morrison’s $189K as Executive Di is at the 80th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Tanae Morrison$189,257$181,056$171,833$163,208$212,526$193,824
Natasha Carr————$74,015—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Morrison Education Group INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides quality education fostering academic excellence and lifelong learning through active participation.

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1 program · $3.9M · in their own filed words · FY2019
01

Sun valley academy has made a commitment to provide each student with a quality education through high standards and high achievement. We foster a school culture in which teachers, students, and parents are active participants. Our pursuit of academic excellence is enhanced by family partnerships and the development of leadership skills.

$3.9Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$70
Grants paid · 3 grants · $1.7M · 2023–2024

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2023 · $1.7M federal money spent
Coronavirus State and Local Fiscal Recovery FundsDepartment of the Treasury · ALN 21.027 · Through Office of the Arizona Governor$499K
National School Lunch ProgramDepartment of Agriculture · ALN 10.555 · Through Arizona Department of Education$370K
Charter SchoolsDepartment of Education · ALN 84.282 · Through Arizona Department of Education$278K
Title I Grants to Local Educational AgenciesDepartment of Education · ALN 84.010 · Through Arizona Department of Education$241K
Special Education_grants to StatesDepartment of Education · ALN 84.027 · Through Arizona Department of Education$135K

Plus 4 smaller programs.

The auditor reported no findings.

Year ending Jun 2022 · $1.6M federal money spent
Education Stabilization FundDepartment of Education · ALN 84.425 · Through Arizona Department of Education$601K
Summer Food Service Program for ChildrenDepartment of Agriculture · ALN 10.559 · Through Arizona Department of Education$537K
Title I Grants to Local Educational AgenciesDepartment of Education · ALN 84.010 · Through Arizona Department of Education$231K
Special Education_grants to StatesDepartment of Education · ALN 84.027 · Through Arizona Department of Education$139K
Charter SchoolsDepartment of Education · ALN 84.282 · Through Arizona Department of Education$48K

Plus 3 smaller programs.

The auditor reported no findings.

Year ending Jun 2021 · $1.7M federal money spent
Covid-19 Elementary and Secondary School Emergency Relief FundDepartment of Education · ALN 84.425 · Through Arizona Department of Educaiton and 1 more$1.1M
Covid-19 - Coronavirus Relief FundDepartment of the Treasury · ALN 21.019 · Through Office of the Arizona Governor$237K
Title I Grants to Local Educational AgenciesDepartment of Education · ALN 84.010 · Through Arizona Department of Education$174K
Summer Food Service Program for ChildrenDepartment of Agriculture · ALN 10.559 · Through Arizona Department of Education$129K
Special Education_grants to StatesDepartment of Education · ALN 84.027 · Through Arizona Department of Education$103K

Plus 3 smaller programs.

The auditor reported no findings.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$5.2M
Ln 12
Fees for servicesLn 2g$4.5M
Gifts and grantsLn 1h$625K
Other incomeLn 4–11$93K
Money outPt IX
$5.2M
Ln 25
Programscol B$3.9M
Managementcol C$1.4M
Fundraisingcol D$23K
Owns and owesPt X
$655K
net assets · Ln 32
Cash and savingsLn 1–2$1.9M
Total assetsLn 16$29.8M
LiabilitiesLn 26$29.1M
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$625K
Government grantsLn 1e$622K
Fees for servicesLn 2g$4.5M
Other incomeLn 4–11$93K
Total revenueLn 12$5.2M
Assets in detailPt X, end of year
CashLn 1$1.9M
Cash and savings togetherLn 1–2$1.9M
Pledges and grants receivableLn 3$335K
Accounts receivableLn 4$26K
Prepaid expenses and deferred chargesLn 9$40K
Land, buildings, equipmentLn 10c$24.2M
Other assetsLn 15$3.3M
Total assetsLn 16$29.8M
LiabilitiesLn 26$29.1M
Net assetsLn 32$655K
OperationsPt I, VI
EmployeesI 5161
VolunteersI 65
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3More from this return
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$26.8M
Bond issues listedSch K Pt I1
Raised by those issuesSch K Pt I$27.4M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.4M$1.9M
Land, buildings, equipmentLn 10c$9.5M$24.2M
Total assetsLn 16$11.9M$29.8M
LiabilitiesLn 26$10.7M$29.1M
Net assetsLn 32$1.2M$655K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$194K$157K$37K
Other salaries and wagesLn 7$2.0M$1.6M$384K
Pension plan contributionsLn 8$56K$45K$11K
Other employee benefitsLn 9$143K$116K$27K
Payroll taxesLn 10$140K$114K$27K
Legal feesLn 11b$8K$8K
Accounting feesLn 11c$63K$63K
Other fees for servicesLn 11g$178K$93K$85K
Advertising and promotionLn 12$147K$125K$22K
Office expensesLn 13$87K$753$86K
OccupancyLn 16$359K$36K$323K
TravelLn 17$4K$4K
InterestLn 20$802K$682K$120K
Depreciation, depletion and amortizationLn 22$393K$331K$63K
InsuranceLn 23$36K$30K$5K
Other expenses (24a–d)Ln 24$563K$479K$84K
All other expensesLn 24e$51K$23K$4K$23K
Total functional expensesLn 25$5.2M$3.9M$1.4M$23K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 12, 2026 $4.9M$7.1M−$2.2M−$2.5M 990 PDF
FY2024Filed with the IRS May 15, 2025 $3.8M$4.5M−$761K−$345K 990 PDF
FY2023Filed with the IRS Apr 30, 2024 $10.3M$10.3M−$23K−$589K 990 PDF
FY2022Filed with the IRS May 15, 2023 $8.7M$9.2M−$523K−$566K 990 PDF
FY2021Filed with the IRS May 16, 2022 $7.6M$8.3M−$698K−$43K 990 PDF
FY2020 ViewingFiled with the IRS May 12, 2021 $5.2M$5.2M−$67K$655K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $5,182,844 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $377,229$625,469
I-9 Program service revenuePrior year $3,599,030$4,464,199
I-10 Investment income$0
I-11 Other revenuePrior year $140,926$93,176
I-12 Total revenuePrior year $4,117,185$5,182,844
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,947,046$2,559,985
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,710,412$2,689,798
I-18 Total expensesPrior year $3,657,458$5,249,783
I-19 Revenue less expensesPrior year $459,727−$66,939
Part VI · Governance 4 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,182,844 across 7 lines filed
VIII-1e Government grants$621,715
VIII-1f All other contributions, gifts and grants$3,754
VIII-1h Total contributions, gifts and grants$625,469
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,464,199$4,464,199
VIII-6 Net rental income or lossExcluded from tax $3,428$3,428
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $89,748$89,748
VIII-12 Total revenueRelated to mission $4,553,947 · Excluded from tax $3,428$5,182,844
Part IX · Statement of functional expenses $5,249,783 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $157,147 · Management $36,677$193,824
IX-7 Other salaries and wagesPrograms $1,643,494 · Management $383,577$2,027,071
IX-8 Pension plan contributionsPrograms $45,476 · Management $10,614$56,090
IX-9 Other employee benefitsPrograms $115,859 · Management $27,041$142,900
IX-10 Payroll taxesPrograms $113,589 · Management $26,511$140,100
IX-11b Legal feesManagement $8,418$8,418
IX-11c Accounting feesManagement $62,528$62,528
IX-11g Other fees for servicesPrograms $93,479 · Management $84,987$178,466
IX-12 Advertising and promotionPrograms $124,996 · Management $22,058$147,054
IX-13 Office expensesPrograms $753 · Management $85,807$86,560
IX-16 OccupancyPrograms $35,858 · Management $322,717$358,575
IX-17 TravelManagement $3,561$3,561
IX-20 InterestPrograms $681,773 · Management $120,313$802,086
IX-22 Depreciation, depletion and amortizationPrograms $330,840 · Management $62,587$393,427
IX-23 InsurancePrograms $30,370 · Management $5,360$35,730
IX-24 Other expenses (24a–d)Programs $478,521 · Management $84,304$562,825
IX-24e All other expensesPrograms $23,010 · Management $4,060 · Fundraising $23,498$50,568
IX-25 Total functional expensesPrograms $3,875,165 · Management $1,351,120 · Fundraising $23,498$5,249,783
Part X · Balance sheet $29,767,863 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,379,515$1,888,007
X-3 Pledges and grants receivableStart of year $87,712$334,940
X-4 Accounts receivableStart of year $2,319$25,854
X-9 Prepaid expenses and deferred chargesStart of year $47,831$40,354
X-10c Land, buildings and equipment, netStart of year $9,535,027$24,191,714
X-15 Other assetsStart of year $823,182$3,286,994
X-16 Total assetsStart of year $11,875,586$29,767,863
X-17 Accounts payable and accrued expensesStart of year $180,072$1,932,126
X-19 Deferred revenueStart of year $4,739$355,950
X-20 Tax-exempt bond liabilitiesStart of year $10,413,398$26,752,107
X-25 Other liabilitiesStart of year $104,578$72,388
X-26 Total liabilitiesStart of year $10,702,787$29,112,571
X-27 Net assets without donor restrictionsStart of year $1,015,722$424,306
X-28 Net assets with donor restrictionsStart of year $157,077$230,986
X-32 Total net assets or fund balancesStart of year $1,172,799$655,292
X-33 Total liabilities and net assetsStart of year $11,875,586$29,767,863
Part XI · Reconciliation of net assets $655,292 net assets at year end
XI-1 Total revenue$5,182,844
XI-2 Total expenses$5,249,783
XI-3 Revenue less expenses−$66,939
XI-4 Net assets at start of year$1,172,799
XI-9 Other changes in net assets−$450,568
XI-10 Net assets at end of year$655,292

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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