Civic Intelligence

Alternative Education Foundation Inc

990 • Fiscal year 2017 • EIN 20-1776950

Aug 01, 2016 to Jul 31, 2017 • Filed on Jun 15, 2018

4650 SW 61st AvenueDavie, FL 33314

(954) 581-8222

Siviq Scores

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

Liabilities / Assets

87th percentile

0.76x

Higher debt load relative to assets than 87% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

37th percentile

0.05x

Higher debt load relative to revenue than 37% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

53rd percentile

3.9%

Higher net margin than 53% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

86th percentile

$165,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

3rd percentile

-31%

Faster asset growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

53rd percentile

5.8%

Faster revenue growth than 53% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$174,328

Down $79,810 (-31%) from 2016

Net Assets

Down

$42,263

Down $22,470 (-35%) from 2016

Liabilities

Down

$132,065

Down $57,340 (-30%) from 2016

Revenue

Up

$2,661,494

Up $144,749 (+5.8%) from 2016

Expenses

Up

$2,556,658

Up $2,809 (+0.1%) from 2016

Net Income

Up

$104,836

Up $141,940 (+383%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2011: $480,691Liabilities 2011: $504,860Net Assets 2011: -$24,1692011Assets 2012: $484,709Liabilities 2012: $463,945Net Assets 2012: $20,7642012Assets 2013: $404,061Liabilities 2013: $598,187Net Assets 2013: -$194,1262013Assets 2014: $415,469Liabilities 2014: $452,318Net Assets 2014: -$36,8492014Assets 2015: $451,100Liabilities 2015: $327,083Net Assets 2015: $124,0172015Assets 2016: $254,138Liabilities 2016: $189,405Net Assets 2016: $64,7332016Assets 2017: $174,328Liabilities 2017: $132,065Net Assets 2017: $42,2632017Assets 2018: $216,589Liabilities 2018: $254,784Net Assets 2018: -$38,1952018Assets 2019: $312,981Liabilities 2019: $323,706Net Assets 2019: -$10,7252019Assets 2020: $702,527Liabilities 2020: $518,246Net Assets 2020: $184,2812020Assets 2022: $821,661Liabilities 2022: $638,375Net Assets 2022: $183,2862022Assets 2024: $1,805,395Liabilities 2024: $1,024,117Net Assets 2024: $781,2782024

Highlighted filing

2017

Assets$174,328
Liabilities$132,065
Net Assets$42,263

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,123,967Expenses 2011: $3,265,901Net Income 2011: -$141,9342011Revenue 2012: $3,329,265Expenses 2012: $3,325,794Net Income 2012: $3,4712012Expenses 2013: $3,507,3532013Revenue 2014: $2,752,769Expenses 2014: $2,741,387Net Income 2014: $11,3822014Revenue 2015: $2,678,692Expenses 2015: $2,516,648Net Income 2015: $162,0442015Revenue 2016: $2,516,745Expenses 2016: $2,553,849Net Income 2016: -$37,1042016Revenue 2017: $2,661,494Expenses 2017: $2,556,658Net Income 2017: $104,8362017Revenue 2018: $2,554,368Expenses 2018: $2,590,888Net Income 2018: -$36,5202018Revenue 2019: $2,684,537Expenses 2019: $2,580,986Net Income 2019: $103,5512019Revenue 2020: $2,696,201Expenses 2020: $2,605,944Net Income 2020: $90,2572020Revenue 2022: $3,465,678Expenses 2022: $3,334,495Net Income 2022: $131,1832022Revenue 2024: $4,952,381Expenses 2024: $4,636,834Net Income 2024: $315,5472024

Highlighted filing

2017

Revenue$2,661,494
Expenses$2,556,658
Net Income$104,836
Jump To
Filing Snapshot
Filing Period
Aug 1, 2016 to Jul 31, 2017
Signed
Jun 15, 2018
Return Version
2016v3.1
Gross Receipts
$2,661,494
Mission and Program Overview

Mission

To provide alternative education to students 1st through 12th grade who are at least average intelligence, but not coping in a regular school environment. Also educates parents in behavior management. The westham academy is on a seperate campus to tech life skills to students who are not college bound.

SEE SCEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$135,029$91,316▼ $43,713
Accounts Receivable$125,250$59,514▼ $65,736
Inventories for Sale or Use$37,921$37,921→ $0
Other Notes and Loans Receivable, Net$3,467$3,467→ $0
Cash and Non-Interest-Bearing Accounts$-47,529$-62,598▼ $15,069
Total Assets$254,138$174,328▼ $79,810
Other Assets Total-$44,708-
Liabilities
Other Liabilities$93,752--
Deferred Revenue$71,441$58,945▼ $12,496
Unsecured Notes Loans Payable-$55,434-
Accounts Payable and Accrued Expenses$24,212$17,686▼ $6,526
Total Liabilities$189,405$132,065▼ $57,340
Net Assets / Fund Balance
Unrestricted Net Assets$64,733$42,263▼ $22,470
Total Net Assets Fund Balance$64,733$42,263▼ $22,470
Total Liabilities and Net Assets / Fund Balance$254,138$174,328▼ $79,810

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$91,316$420,814$512,130
Other Assets Org$44,708--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lance FeinPresidentFT$165,000$165,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$77,959
Program Service Revenue
$2,583,535
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$104,836
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,451,053
Salaries, Compensation, and Employee Benefits$1,105,605
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,005,653--$1,005,653
Occupancy$352,989--$352,989
Information Technology-$191,675-$191,675
All Other Expenses$182,319--$182,319
Office Expenses$88,383--$88,383
Fees for Services Management$75,246--$75,246
Payroll Taxes$65,607--$65,607
Other Expenses$53,173$204,831-$53,173
Insurance$44,546--$44,546
Depreciation Depletion$43,713--$43,713
Travel$30,825--$30,825
Advertising$25,333--$25,333
Pension Plan Contributions$23,337--$23,337
Other Employee Benefits$11,008--$11,008
Fees for Services Other$8,342--$8,342
Fees for Services Legal$6,318--$6,318
Interest$2,365--$2,365
Total Functional Expenses$2,160,152$396,506$0$2,556,658
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Form 990, part iv, line 2 - related party information among officers lance fein entimement (40% owner) jeff sporkin (100%) spork inc lance (33 1/3 owner) baron von mgnt fka kentwood mgnt form 990, part vi, line 11b - organization's process to review form 990 prior to form 990 being submitted to the irs, a copy thereof will be furnished to each member of the governing body for the purposes of review. In the event that any member of the body having an issue with the form 990 as completed, such issue shall be communicated to all members of the body for comment prior to the form being submitted to the irs. Form 990, part vi, line 12c - enforcement of conflicts policy 12 c - at all meetings, each member of the governing body is requested to declare any conflict of interest in any matter before the board to be decided on at the meeting, or in respect of any matter of which they are aware, to be decided at a future meeting. Form 990, part vi, line 15a - compensaton process for top official 15a - the executive directors remunertion is determined by a finance committee appointed by the board, to be based on what they consider to be fair and reasonable by examining contemporaneous substantiation of their deliberation and decision and thereafter approved by the board. Form 990, part vi, line 15b - compensation process for officers 15b key employee compensaton is determined by the executive director form 990, part vi, line 18 - no public disclosure explantation line 18 - documents referred to will be made available by request, on the organization's website. Form 990, part vi, line 19 - governing documents disclosure explanation 19 - governing documents disclosure upon request will be provided.

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Alternative Ed Foundation Inc
EIN
20-1776950
Phone
9545818222
Address
4650 SW 61ST AVENUE, DAVIE, FL 33314

Signing Officer

Name
Lance Fein
Title
President
Phone
9543274377
Signed
2018-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lance Fein
Formed
2004
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
15

Preparer

Firm
Lee M Weissman CPA Pa
Address
8181 W BROWARD BLVD STE 204, PLANTATION, FL 33324
Preparer
Lee M Weissman
Phone
9544758900
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide alternative education to students 1st through 12th grade who are at least average intelligence, but not coping in a regular school environment. Also educates parents in behavior management. The westham academy is on a seperate campus to tech life skills to students who are not college bound.

Form 990

990 - additional information 990 - organization's missions provide alterntive education to students 1st through 12th grade who are at least average intelligence, but not coping in a regular school environment. Also educates parents in behavior management. The westham academy is on a separate campus to teach life skills to students who are not college bound.

Form 990, Part III

Form 990, part iii, line 4 d - all other accomplishment provide alternative education to students 1st through 12th grade.

Form 990, Page 2, Part III, Line 4D

Provide alternative education to students 1st through 12th grade.

Raw XML Appendix366 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE ALTERNATIVE EDUCATION TO STUDENTS 1ST THROUGH 12TH GRADE WHO ARE AT LEAST AVERAGE INTELLIGENCE, BUT NOT COPING IN A REGULAR SCHOOL ENVIRONMENT. ALSO EDUCATES PARENTS IN BEHAVIOR MANAGEMENT. THE WESTHAM ACADEMY IS ON A SEPERATE CAMPUS TO TECH LIFE SKILLS TO STUDENTS WHO ARE NOT COLLEGE BOUND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 - ADDITIONAL INFORMATION 990 - ORGANIZATION'S MISSIONS PROVIDE ALTERNTIVE EDUCATION TO STUDENTS 1ST THROUGH 12TH GRADE WHO ARE AT LEAST AVERAGE INTELLIGENCE, BUT NOT COPING IN A REGULAR SCHOOL ENVIRONMENT. ALSO EDUCATES PARENTS IN BEHAVIOR MANAGEMENT. THE WESTHAM ACADEMY IS ON A SEPARATE CAMPUS TO TEACH LIFE SKILLS TO STUDENTS WHO ARE NOT COLLEGE BOUND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990, PART III, LINE 4 D - ALL OTHER ACCOMPLISHMENT PROVIDE ALTERNATIVE EDUCATION TO STUDENTS 1ST THROUGH 12TH GRADE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROVIDE ALTERNATIVE EDUCATION TO STUDENTS 1ST THROUGH 12TH GRADE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990, PART IV, LINE 2 - RELATED PARTY INFORMATION AMONG OFFICERS LANCE FEIN ENTIMEMENT (40% OWNER) JEFF SPORKIN (100%) SPORK INC LANCE (33 1/3 OWNER) BARON VON MGNT FKA KENTWOOD MGNT FORM 990, PART VI, LINE 11B - ORGANIZATION'S PROCESS TO REVIEW FORM 990 PRIOR TO FORM 990 BEING SUBMITTED TO THE IRS, A COPY THEREOF WILL BE FURNISHED TO EACH MEMBER OF THE GOVERNING BODY FOR THE PURPOSES OF REVIEW. IN THE EVENT THAT ANY MEMBER OF THE BODY HAVING AN ISSUE WITH THE FORM 990 AS COMPLETED, SUCH ISSUE SHALL BE COMMUNICATED TO ALL MEMBERS OF THE BODY FOR COMMENT PRIOR TO THE FORM BEING SUBMITTED TO THE IRS. FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY 12 C - AT ALL MEETINGS, EACH MEMBER OF THE GOVERNING BODY IS REQUESTED TO DECLARE ANY CONFLICT OF INTEREST IN ANY MATTER BEFORE THE BOARD TO BE DECIDED ON AT THE MEETING, OR IN RESPECT OF ANY MATTER OF WHICH THEY ARE AWARE, TO BE DECIDED AT A FUTURE MEETING. FORM 990, PART VI, LINE 15A - COMPENSATON PROCESS FOR TOP OFFICIAL 15A - THE EXECUTIVE DIRECTORS REMUNERTION IS DETERMINED BY A FINANCE COMMITTEE APPOINTED BY THE BOARD, TO BE BASED ON WHAT THEY CONSIDER TO BE FAIR AND REASONABLE BY EXAMINING CONTEMPORANEOUS SUBSTANTIATION OF THEIR DELIBERATION AND DECISION AND THEREAFTER APPROVED BY THE BOARD. FORM 990, PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS 15B KEY EMPLOYEE COMPENSATON IS DETERMINED BY THE EXECUTIVE DIRECTOR FORM 990, PART VI, LINE 18 - NO PUBLIC DISCLOSURE EXPLANTATION LINE 18 - DOCUMENTS REFERRED TO WILL BE MADE AVAILABLE BY REQUEST, ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION 19 - GOVERNING DOCUMENTS DISCLOSURE UPON REQUEST WILL BE PROVIDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalReportableCompFromOrgAmt0165000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02583535
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0254138
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0174328
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IRS990/TravelGrp/TotalAmt030825
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IRS990/USAddress/AddressLine1Txt04650 SW 61ST AVENUE
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IRS990/USAddress/StateAbbreviationCd0FL
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IRS990/WebsiteAddressTxt0ALTERNATIVEEDUCATIONFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALTERNATIVE ED FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ALTE
ReturnHeader/Filer/EIN0201776950
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04B48B58A2B4F3096F7E2443C218708FF0298B673
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0072980325AF3D4690AB158D756E510FDE6FE5489
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEE M WEISSMAN CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08181 W BROWARD BLVD STE 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PLANTATION
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033324
ReturnHeader/PreparerPersonGrp/PhoneNum09544758900
ReturnHeader/PreparerPersonGrp/PreparationDt02018-06-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEE M WEISSMAN
ReturnHeader/ReturnTs02018-06-15T16:10:11-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-08-01
ReturnHeader/TaxPeriodEndDt02017-07-31
ReturnHeader/TaxYr02016

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