Civic Intelligence

Alternative Education Foundation Inc

990 • Fiscal year 2018 • EIN 20-1776950

Aug 01, 2017 to Jul 31, 2018 • Filed on Jun 13, 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

94th percentile

1.18x

Higher debt load relative to assets than 94% of similar nonprofits.

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

Liabilities / Revenue

51st percentile

0.10x

Higher debt load relative to revenue than 51% of similar nonprofits.

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

Net Margin

35th percentile

-1.4%

Higher net margin than 35% of similar nonprofits.

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

Top Officer Pay

86th percentile

$168,021

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

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

Asset Growth

84th percentile

24%

Faster asset growth than 84% of similar nonprofits.

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

Revenue Growth

30th percentile

-4.0%

Faster revenue growth than 30% of similar nonprofits.

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

Assets

Up

$216,589

Up $42,261 (+24%) from 2017

Net Assets

Down

-$38,195

Down $80,458 (-190%) from 2017

Liabilities

Up

$254,784

Up $122,719 (+93%) from 2017

Revenue

Down

$2,554,368

Down $107,126 (-4.0%) from 2017

Expenses

Up

$2,590,888

Up $34,230 (+1.3%) from 2017

Net Income

Down

-$36,520

Down $141,356 (-135%) from 2017

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

2018

Assets$216,589
Liabilities$254,784
Net Assets-$38,195

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

2018

Revenue$2,554,368
Expenses$2,590,888
Net Income-$36,520
Jump To
Filing Snapshot
Filing Period
Aug 1, 2017 to Jul 31, 2018
Signed
Jun 13, 2018
Return Version
2017v2.3
Gross Receipts
$2,554,368
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
Cash and Non-Interest-Bearing Accounts$-62,598$54,065▲ $116,663
Land, Buildings, and Equipment, Net$91,316$53,836▼ $37,480
Inventories for Sale or Use$37,921$35,000▼ $2,921
Accounts Receivable$59,514$19,801▼ $39,713
Other Notes and Loans Receivable, Net$3,467--
Total Assets$174,328$216,589▲ $42,261
Other Assets Total$44,708$53,887▲ $9,179
Liabilities
Deferred Revenue$58,945$156,205▲ $97,260
Unsecured Notes Loans Payable$55,434$89,050▲ $33,616
Accounts Payable and Accrued Expenses$17,686$9,529▼ $8,157
Total Liabilities$132,065$254,784▲ $122,719
Net Assets / Fund Balance
Unrestricted Net Assets$42,263$-38,195▼ $80,458
Total Net Assets Fund Balance$42,263$-38,195▼ $80,458
Total Liabilities and Net Assets / Fund Balance$174,328$216,589▲ $42,261

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$53,887--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Lance FeinPresident$168,021$168,021

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$37,075
Program Service Revenue
$2,517,293
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-36,520
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,533,833
Salaries, Compensation, and Employee Benefits$1,057,055
Total Fundraising Expense$44,033
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$988,710--$988,710
Occupancy$367,032--$367,032
All Other Expenses$173,008-$44,033$217,041
Fees for Services Other$180,948--$180,948
Office Expenses$85,208--$85,208
Payroll Taxes$54,977--$54,977
Other Expenses$52,957$380,844-$52,957
Insurance$47,152--$47,152
Depreciation Depletion$37,480--$37,480
Advertising$23,547--$23,547
Other Employee Benefits$9,787--$9,787
Fees for Services Accounting$7,000--$7,000
Interest$5,235--$5,235
Pension Plan Contributions$3,581--$3,581
Travel$3,295--$3,295
Fees for Services Legal$2,688--$2,688
Total Functional Expenses$2,166,011$380,844$44,033$2,590,888
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
2018-06-13
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
17

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 Appendix361 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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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0072980325AF3D4690AB158D756E510FDE6FE5489
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt023.31.39.198
ReturnHeader/FilingSecurityInformation/IPDt02019-06-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:40:50
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650272079
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEE M WEISSMAN CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08181 W BROWARD BLVD STE 204
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ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEE M WEISSMAN
ReturnHeader/ReturnTs02019-06-13T16:40:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-08-01
ReturnHeader/TaxPeriodEndDt02018-07-31
ReturnHeader/TaxYr02017

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