Civic Intelligence

Academic Alternative Education Inc.

990EZ • Fiscal year 2020 • EIN 06-1619630

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 24, 2021

Organization ProfileWWW.ACADEMICHS.COM
7777 Glades Rd 100Boca Raton, FL 33434

(561) 305-7857

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

30th percentile

-7.8%

Higher net margin than 30% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$12,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 19.6% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

11th percentile

-38%

Faster asset growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

9th percentile

-79%

Faster revenue growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$7,880

Down $4,779 (-38%) from 2019

Net Assets

Down

$7,880

Down $4,779 (-38%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin30th percentile

Revenue

Down

$61,322

Down $224,455 (-79%) from 2019

Expenses

Down

$66,101

Down $218,979 (-77%) from 2019

Net Income

Down

-$4,779

Down $5,476 (-786%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50KAssets 2011: $15,740Liabilities 2011: $16,212Net Assets 2011: -$4722011Assets 2012: $10,948Liabilities 2012: $151Net Assets 2012: $10,7972012Assets 2013: $10,289Liabilities 2013: $0Net Assets 2013: $10,2892013Assets 2014: $45,960Liabilities 2014: $24,816Net Assets 2014: $21,1442014Assets 2015: $53,819Liabilities 2015: $24,508Net Assets 2015: $29,3112015Assets 2016: $24,001Liabilities 2016: $0Net Assets 2016: $24,0012016Assets 2017: $94,610Liabilities 2017: $0Net Assets 2017: $94,6102017Assets 2018: $12,419Liabilities 2018: $457Net Assets 2018: $11,9622018Assets 2019: $12,659Liabilities 2019: $0Net Assets 2019: $12,6592019Assets 2020: $7,880Liabilities 2020: $0Net Assets 2020: $7,8802020Assets 2021: $4,684Liabilities 2021: $0Net Assets 2021: $4,6842021Assets 2022: $10,792Liabilities 2022: $0Net Assets 2022: $10,7922022Assets 2023: $27,949Liabilities 2023: $0Net Assets 2023: $27,9492023Assets 2024: $42,185Net Assets 2024: $42,1852024

Highlighted filing

2020

Assets$7,880
Liabilities$0
Net Assets$7,880
Open 2020 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $320,5522011Revenue 2012: $321,260Expenses 2012: $309,991Net Income 2012: $11,2692012Revenue 2013: $389,044Expenses 2013: $389,552Net Income 2013: -$5082013Revenue 2014: $539,318Expenses 2014: $527,296Net Income 2014: $12,0222014Revenue 2015: $922,824Expenses 2015: $914,657Net Income 2015: $8,1672015Revenue 2016: $919,215Expenses 2016: $924,525Net Income 2016: -$5,3102016Revenue 2017: $892,434Expenses 2017: $821,825Net Income 2017: $70,6092017Revenue 2018: $811,896Expenses 2018: $894,544Net Income 2018: -$82,6482018Revenue 2019: $285,777Expenses 2019: $285,080Net Income 2019: $6972019Revenue 2020: $61,322Expenses 2020: $66,101Net Income 2020: -$4,7792020Revenue 2021: $63,846Expenses 2021: $67,042Net Income 2021: -$3,1962021Revenue 2022: $50,020Expenses 2022: $43,912Net Income 2022: $6,1082022Revenue 2023: $83,445Expenses 2023: $66,288Net Income 2023: $17,1572023Revenue 2024: $71,158Expenses 2024: $56,922Net Income 2024: $14,2362024

Highlighted filing

2020

Revenue$61,322
Expenses$66,101
Net Income-$4,779
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 24, 2021
Return Version
2020v4.0
Gross Receipts
$61,322
Mission and Program Overview

Mission

Academic hs is a private school providing a safe educational environment that nurtures each student, assisting individual with self-esteem in reaching his or her full potential. We focus on intellectual development in a positive learning environment.

Program Services

DescriptionGrantsExpenses
STUDENTS RECEIVE QUALITY EDUCATIONAL INSTRUCTION IN A SAFE, NURTURING ENVIRONMENT THAT FOCUSES ON EMPOWERING THEM TO REACH THEIR FULLEST POTENTIAL. STUDENTS GRADUATE WITH A BETTER PREPARATION FOR FUTURE ACADEMIC ENDEAVORS.$66,101-
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHELDON KLASFELDPresidentFT$12,000-$12,000
ADAM S KLASFELDTreasurer-$0--
SHEANA KLASFELDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Academic Alternative Education Inc
EIN
06-1619630
Phone
5613057857
Address
7777 GLADES RD 100, BOCA RATON, FL 33434

Signing Officer

Name
Sheldon Klasfeld
Title
Executive Director
Signed
2021-10-24
Discuss with paid preparer
Yes

Preparer

Firm
James Surman & Goldberg CPA
Address
6751 N Federal Hwy Ste 100, Boca Raton, FL 33487
Preparer
Justin R Goldberg
Phone
5613380028
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $19112”

Other Expenses.1005

“Travel $4029”

Other Expenses.1009

“Depreciation $2980”

Other Expenses.1012

“Insurance $675”

Other Expenses.1

“CREDIT CARD FEES $7700”

Other Expenses.2

“SUPPLIES $5000”

Other Expenses.4

“Payroll processing fees $846”

Other Expenses.5

“LOCAL TAXES $420”

Other Assets.1001

“Automobiles - Beginning $7452 Automobiles - Ending $4472”

Raw XML Appendix154 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SHELDON KLASFELD
IRS990EZ/BooksInCareOfDetail/PhoneNum05619290333
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07777 GLADES RD SUITE 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BOCA RATON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033434
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05207
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03408
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4779
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01100
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012659
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07880
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt061322
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt012659
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07880
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt012659
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07880
IRS990EZ/OccupancyRentUtltsAndMaintAmt010080
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt012000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHELDON KLASFELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ADAM S KLASFELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SHEANA KLASFELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07452
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04472
IRS990EZ/OtherExpensesTotalAmt040762
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ACADEMIC HS IS A PRIVATE SCHOOL PROVIDING A SAFE EDUCATIONAL ENVIRONMENT THAT NURTURES EACH STUDENT, ASSISTING INDIVIDUAL WITH SELF-ESTEEM IN REACHING HIS OR HER FULL POTENTIAL. WE FOCUS ON INTELLECTUAL DEVELOPMENT IN A POSITIVE LEARNING ENVIRONMENT.
IRS990EZ/PrintingPublicationsPostageAmt01241
IRS990EZ/ProgramServiceRevenueAmt061322
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0STUDENTS RECEIVE QUALITY EDUCATIONAL INSTRUCTION IN A SAFE, NURTURING ENVIRONMENT THAT FOCUSES ON EMPOWERING THEM TO REACH THEIR FULLEST POTENTIAL. STUDENTS GRADUATE WITH A BETTER PREPARATION FOR FUTURE ACADEMIC ENDEAVORS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt066101
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt012918
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0FL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt066101
IRS990EZ/TotalProgramServiceExpensesAmt066101
IRS990EZ/TotalRevenueAmt061322
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.ACADEMICHS.COM
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $19112
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $4029
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $2980
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $675
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CREDIT CARD FEES $7700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SUPPLIES $5000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAYROLL PROCESSING FEES $846
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7LOCAL TAXES $420
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Automobiles - Beginning $7452 Automobiles - Ending $4472
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1001
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHELDON KLASFELD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ACADEMIC ALTERNATIVE EDUCATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ACAD
ReturnHeader/Filer/EIN0061619630
ReturnHeader/Filer/PhoneNum05613057857
ReturnHeader/Filer/USAddress/AddressLine1Txt07777 GLADES RD 100
ReturnHeader/Filer/USAddress/CityNm0BOCA RATON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033434
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474705824
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0James Surman & Goldberg CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06751 N Federal Hwy Ste 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Boca Raton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033487
ReturnHeader/PreparerPersonGrp/PhoneNum05613380028
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUSTIN R GOLDBERG
ReturnHeader/ReturnTs02021-10-28T07:30:55-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHELDON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KLASFELD
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,880
Liabilities
$0
Net assets
$7,880
Revenue
$61,322
Expenses
$66,101
Net income
-$4,779
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.42$0.42$0.71$0.57$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.83$0.66$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.50$0.44$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.00$0.05$0.64$0.67$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.61$0.66$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.00$0.13$2.86$2.85$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.00$0.12$8.12$8.95$0.83
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.00$0.95$8.92$8.22$0.71
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.00$0.24$9.19$9.25$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.25$0.29$9.23$9.15$0.08
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.46$0.25$0.21$5.39$5.27$0.12
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.10$0.00$0.10$3.89$3.90$0.01
2012Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$3.21$3.10$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.16$0.00$3.21
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits