Civic Intelligence

Wizard Academy

990 • Fiscal year 2018 • EIN 20-1437374

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 08, 2019

16221 Crystal Hills DriveAustin, TX 78737

(512) 295-5700

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

20th percentile

0.01x

Higher debt load relative to revenue than 20% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

61st percentile

7.6%

Higher net margin than 61% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

55th percentile

2.4%

Faster asset growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

-1.4%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,416,633

Up $79,085 (+2.4%) from 2017

Net Assets

Up

$3,409,691

Up $82,245 (+2.5%) from 2017

Liabilities

Down

$6,942

Down $3,160 (-31%) from 2017

Revenue

Down

$1,086,001

Down $15,745 (-1.4%) from 2017

Expenses

Up

$1,003,753

Up $108 (+0.0%) from 2017

Net Income

Down

$82,248

Down $15,853 (-16%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,375,944Liabilities 2010: $85,000Net Assets 2010: $3,290,9442010Assets 2011: $3,440,325Liabilities 2011: $25,000Net Assets 2011: $3,415,3252011Assets 2012: $3,400,073Liabilities 2012: $20,000Net Assets 2012: $3,380,0732012Assets 2013: $3,398,485Liabilities 2013: $30,000Net Assets 2013: $3,368,4852013Assets 2014: $3,266,749Liabilities 2014: $60,656Net Assets 2014: $3,206,0932014Assets 2015: $3,238,881Liabilities 2015: $58,780Net Assets 2015: $3,180,1012015Assets 2016: $3,237,264Liabilities 2016: $7,921Net Assets 2016: $3,229,3432016Assets 2017: $3,337,548Liabilities 2017: $10,102Net Assets 2017: $3,327,4462017Assets 2018: $3,416,633Liabilities 2018: $6,942Net Assets 2018: $3,409,6912018Assets 2019: $3,375,613Liabilities 2019: $0Net Assets 2019: $3,375,6132019Assets 2020: $3,533,992Liabilities 2020: $8,021Net Assets 2020: $3,525,9712020Assets 2021: $3,377,935Liabilities 2021: $13,142Net Assets 2021: $3,364,7932021Assets 2022: $3,242,831Liabilities 2022: $7,546Net Assets 2022: $3,235,2852022Assets 2023: $3,162,442Liabilities 2023: $15,150Net Assets 2023: $3,147,2922023

Highlighted filing

2018

Assets$3,416,633
Liabilities$6,942
Net Assets$3,409,691

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $616,0912010Expenses 2011: $644,0682011Expenses 2012: $493,5322012Revenue 2013: $630,111Expenses 2013: $641,700Net Income 2013: -$11,5892013Revenue 2014: $599,014Expenses 2014: $761,406Net Income 2014: -$162,3922014Revenue 2015: $844,837Expenses 2015: $870,829Net Income 2015: -$25,9922015Revenue 2016: $821,708Expenses 2016: $772,466Net Income 2016: $49,2422016Revenue 2017: $1,101,746Expenses 2017: $1,003,645Net Income 2017: $98,1012017Revenue 2018: $1,086,001Expenses 2018: $1,003,753Net Income 2018: $82,2482018Revenue 2019: $834,105Expenses 2019: $868,184Net Income 2019: -$34,0792019Revenue 2020: $1,107,921Expenses 2020: $909,341Net Income 2020: $198,5802020Revenue 2021: $886,310Expenses 2021: $1,021,497Net Income 2021: -$135,1872021Revenue 2022: $985,957Expenses 2022: $1,396,225Net Income 2022: -$410,2682022Revenue 2023: $1,505,761Expenses 2023: $1,598,224Net Income 2023: -$92,4632023

Highlighted filing

2018

Revenue$1,086,001
Expenses$1,003,753
Net Income$82,248
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 8, 2019
Return Version
2018v3.1
Gross Receipts
$1,086,001
Mission and Program Overview

Mission

To provide formal education with regular faculty to an enrolled student body with an intererelated curriculum designed to improve or develop the students capabilities on subjects useful to individuals and beneficial to the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,237,595$3,088,221▼ $149,374
Cash and Non-Interest-Bearing Accounts$99,953$203,642▲ $103,689
Total Assets$3,337,548$3,416,633▲ $79,085
Other Assets Total-$124,770-
Liabilities
Accounts Payable and Accrued Expenses$5,102$6,942▲ $1,840
Other Liabilities$5,000--
Total Liabilities$10,102$6,942▼ $3,160
Net Assets / Fund Balance
Unrestricted Net Assets$3,327,446$3,409,691▲ $82,245
Total Net Assets Fund Balance$3,327,446$3,409,691▲ $82,245
Total Liabilities and Net Assets / Fund Balance$3,337,548$3,416,633▲ $79,085

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,771,032$1,276,844$4,047,876
Land$242,574-$242,574
Other Land Buildings$50,105$114,180$164,285
Equipment$24,510$49,858$74,368
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ryan DeissChairman
Pennie WilliamsPresident
Dennis CollinsDirector
Jean BackusDirector
Lori BarrDirector
Mark FoxDirector
Oz Jaxxon DvmDirector
Richard GrantDirector
Roy Rex WilliamsDirector
Corrine TaylorSec./treas./Director
Roy H WilliamsChancellor
Revenue and Support

Revenue Composition

Contributions and Grants
$214,805
Program Service Revenue
$838,768
Investment Income
$0
Other Revenue
$32,428
All Other Contributions
$214,805
Change in Net Assets
$82,248
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$683,062
Salaries, Compensation, and Employee Benefits$320,691
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$293,439--$293,439
Depreciation Depletion$109,110$52,885-$161,995
Fees for Services Other$50,238$21,531-$71,769
All Other Expenses$37,797$16,199-$53,996
Insurance-$45,621-$45,621
Office Expenses$30,427$5,369-$35,796
Payroll Taxes$27,252--$27,252
Information Technology$22,738--$22,738
Other Expenses$16,424$5,771-$22,195
Advertising$9,816--$9,816
Fees for Services Accounting$3,780$1,620-$5,400
Travel$3,490--$3,490
Total Functional Expenses$793,165$210,588$0$1,003,753
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Other Liabilities-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The organization electronically mails a copy of the draft to each member of the board of directors and officers to review and comment

Form 990, Part VI, Section C, Line 19

Available to public upon request

Filing and Contact Details

Filer

Filer Name
Wizard Academy
EIN
20-1437374
Phone
5122955700
Address
16221 CRYSTAL HILLS DRIVE, AUSTIN, TX 78737

Signing Officer

Name
Corrine P Taylor
Title
Secretary Treasurer
Signed
2019-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Corrine P Taylor
Formed
2004
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
8
Employees
24

Preparer

Firm
Pearce & Company PC
Address
8310 N Capital of TX Hwy Ste 150, Austin, TX 78731
Preparer
John G Pearce
Phone
5124411411
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IRS990/ProgSrvcAccomActy2Grp/Desc0WEDDING CHAPEL DULCINEA - A CHAPEL OFFERED FREE OF CHARGE TO THE COMMUNITY AS A SYMBOLIC EXPRESSION OF THE CREATIVE VALUES FOR WHICH THE ACADEMY STANDS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03966
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt039150
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0469791
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0689536
IRS990/PYOtherRevenueAmt08743
IRS990/PYProgramServiceRevenueAmt0623212
IRS990/PYRevenuesLessExpensesAmt098101
IRS990/PYSalariesCompEmpBnftPaidAmt0314109
IRS990/PYTotalExpensesAmt01003645
IRS990/PYTotalRevenueAmt01101746
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt082248
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0799618
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0214805
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0469791
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0158946
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0264241
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0169667
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01277450
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0838768
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0623212
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0569178
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0577028
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0426540
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03034726
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt032428
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt08743
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt093584
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03568
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02807
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0141130
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.89340
IRS990ScheduleA/PublicSupportPY509Pct00.89320
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt03978477
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt090510
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt036120
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt039000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt046069
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0122000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0333699
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt090510
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt036120
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt039000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt046069
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0122000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0333699
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01053573
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01093003
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0728124
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0841269
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0596207
IRS990ScheduleA/Total509Grp/TotalAmt04312176
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01086001
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01101746
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0821708
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0844837
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0599014
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04453306
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02771032
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01276844
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04047876
IRS990ScheduleD/EquipmentGrp/BookValueAmt024510
IRS990ScheduleD/EquipmentGrp/DepreciationAmt049858
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt074368
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0242574
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0242574
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt050105
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0114180
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0164285
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Other Liabilities
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03088221
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ELECTRONICALLY MAILS A COPY OF THE DRAFT TO EACH MEMBER OF THE BOARD OF DIRECTORS AND OFFICERS TO REVIEW AND COMMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE TO PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03337548
IRS990/TotalAssetsEOYAmt03416633
IRS990/TotalAssetsGrp/BOYAmt03337548
IRS990/TotalAssetsGrp/EOYAmt03416633
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0214805
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0210588
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0793165

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$3.16$0.02$3.15$1.51$1.60$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$0.01$3.24$0.99$1.40$0.41
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.38$0.01$3.36$0.89$1.02$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.53$0.01$3.53$1.11$0.91$0.20
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$0.00$3.38$0.83$0.87$0.03
2018Detailed filing. Detailed filing data is available for this year.$3.42$0.01$3.41$1.09$1.00$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.34$0.01$3.33$1.10$1.00$0.10
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$0.01$3.23$0.82$0.77$0.05
2015Detailed filing. Detailed filing data is available for this year.$3.24$0.06$3.18$0.84$0.87$0.03
2014Detailed filing. Detailed filing data is available for this year.$3.27$0.06$3.21$0.60$0.76$0.16
2013Detailed filing. Detailed filing data is available for this year.$3.40$0.03$3.37$0.63$0.64$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.40$0.02$3.38$0.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.44$0.03$3.42$0.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$0.09$3.29$0.62
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $1M-$5M nonprofits