Civic Intelligence

Crossroads Academy Inc.

990 • Fiscal year 2019 • EIN 20-3299844

Aug 01, 2018 to Jul 31, 2019 • Filed on Apr 08, 2020

3681 NE 7th StreetOcala, FL 34470

(352) 694-4466

Siviq Scores

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

Liabilities / Assets

75th percentile

0.22x

Higher debt load relative to assets than 75% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

62nd percentile

0.07x

Higher debt load relative to revenue than 62% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

51st percentile

4.0%

Higher net margin than 51% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

63rd percentile

$42,574

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

72nd percentile

15%

Faster asset growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

40th percentile

-0.3%

Faster revenue growth than 40% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$227,428

Up $30,323 (+15%) from 2018

Net Assets

Up

$176,471

Up $29,305 (+20%) from 2018

Liabilities

Up

$50,957

Up $1,018 (+2.0%) from 2018

Revenue

Down

$736,286

Down $2,241 (-0.3%) from 2018

Expenses

Down

$706,981

Down $49,065 (-6.5%) from 2018

Net Income

Up

$29,305

Up $46,824 (+267%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $43,848Liabilities 2010: $43,377Net Assets 2010: $4712010Assets 2011: $96,576Liabilities 2011: $56,372Net Assets 2011: $40,2042011Assets 2012: $166,348Liabilities 2012: $18,527Net Assets 2012: $147,8212012Assets 2013: $146,093Liabilities 2013: $40,279Net Assets 2013: $105,8142013Assets 2014: $169,975Liabilities 2014: $21,278Net Assets 2014: $148,6972014Assets 2015: $160,353Liabilities 2015: $38,164Net Assets 2015: $122,1892015Assets 2016: $181,759Liabilities 2016: $14,812Net Assets 2016: $166,9472016Assets 2017: $181,584Liabilities 2017: $17,262Net Assets 2017: $164,3222017Assets 2018: $197,105Liabilities 2018: $49,939Net Assets 2018: $147,1662018Assets 2019: $227,428Liabilities 2019: $50,957Net Assets 2019: $176,4712019Assets 2020: $295,682Liabilities 2020: $167,114Net Assets 2020: $128,5682020Assets 2021: $367,052Liabilities 2021: $270,485Net Assets 2021: $96,5672021Assets 2022: $354,835Liabilities 2022: $38,851Net Assets 2022: $315,9842022Assets 2023: $532,485Liabilities 2023: $16,544Net Assets 2023: $515,9412023

Highlighted filing

2019

Assets$227,428
Liabilities$50,957
Net Assets$176,471

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $348,7482010Revenue 2011: $423,240Expenses 2011: $373,572Net Income 2011: $49,6682011Expenses 2012: $490,8362012Expenses 2013: $608,4782013Revenue 2014: $735,607Expenses 2014: $692,724Net Income 2014: $42,8832014Revenue 2015: $734,187Expenses 2015: $760,695Net Income 2015: -$26,5082015Revenue 2016: $800,318Expenses 2016: $755,560Net Income 2016: $44,7582016Revenue 2017: $796,741Expenses 2017: $799,410Net Income 2017: -$2,6692017Revenue 2018: $738,527Expenses 2018: $756,046Net Income 2018: -$17,5192018Revenue 2019: $736,286Expenses 2019: $706,981Net Income 2019: $29,3052019Revenue 2020: $760,835Expenses 2020: $808,738Net Income 2020: -$47,9032020Revenue 2021: $802,654Expenses 2021: $834,655Net Income 2021: -$32,0012021Revenue 2022: $1,292,790Expenses 2022: $1,077,948Net Income 2022: $214,8422022Revenue 2023: $1,464,961Expenses 2023: $1,265,004Net Income 2023: $199,9572023

Highlighted filing

2019

Revenue$736,286
Expenses$706,981
Net Income$29,305
Jump To
Filing Snapshot
Filing Period
Aug 1, 2018 to Jul 31, 2019
Signed
Apr 8, 2020
Return Version
2018v3.2
Gross Receipts
$744,871
Mission and Program Overview

Mission

One hundred ten students with reading disabilities/ disorders are provided with specialized schooling in a small classroom setting, preparing them to return to regular public/private schools.

Ninety-five students with reading disabilities/disorders are provided with specialized schooling in a small classroom setting, preparing them to return to regular public/private schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$149,126$171,017▲ $21,891
Land, Buildings, and Equipment, Net$40,214$37,705▼ $2,509
Cash and Non-Interest-Bearing Accounts$6,762$17,703▲ $10,941
Other Notes and Loans Receivable, Net$600$600→ $0
Total Assets$197,105$227,428▲ $30,323
Other Assets Total$403$403→ $0
Liabilities
Other Liabilities$33,131$34,149▲ $1,018
Accounts Payable and Accrued Expenses$16,808$16,808→ $0
Total Liabilities$49,939$50,957▲ $1,018
Net Assets / Fund Balance
Unrestricted Net Assets$147,166$176,471▲ $29,305
Total Net Assets Fund Balance$147,166$176,471▲ $29,305
Total Liabilities and Net Assets / Fund Balance$197,105$227,428▲ $30,323

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$37,705$53,329$91,034
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mary Beth AndersonExecutive DiFT$42,574$42,574
Mary Beth AndersonExecutive Director-$42,574$42,574
Colleen WebberSecretaryFT$41,130$41,130

Board Members and Trustees

NameTitle
Michael GraffPresident
Michelle DemezaTreasurer
Joann LeidallVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$6,078
Program Service Revenue
$722,965
Investment Income
$0
Other Revenue
$7,243
All Other Contributions
$6,078
Change in Net Assets
$29,305
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$524,052
Other Expenses$182,929
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$402,842$83,704-$486,546
Occupancy$28,433$42,200-$70,633
Payroll Taxes$30,716$6,790-$37,506
All Other Expenses$25,730$4,091-$29,821
Insurance$-4,315$17,300-$12,985
Other Expenses$7,731--$7,731
Office Expenses$4,057$3,517-$7,574
Fees for Services Accounting$2,390$2,995-$5,385
Interest-$3,214-$3,214
Depreciation Depletion$2,509--$2,509
Advertising$2,166--$2,166
Total Functional Expenses$543,170$163,811$0$706,981
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,828
Fundraising Direct Expenses$8,585
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
Due to Jennifer Leidall$10,000
Credit Card Payable - Regions$9,022
SAM'S CARD PAYABLE$5,260
Credti Card Payable - Boa$3,658
Due to Joann Leidall$2,500
Due to Marcia De Meza$2,210
Direct Deposit Liabilities$1,013
Due to Mary Beth Anderson$486
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
Yes
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, Page 6, Part VI, Line 11B

As dictated by the organizations by-laws a regular meeting schedule has been established. At minimum the board of directors meets annually to review and discuss the form 990. As part of the by-laws the treasurer is required to review monthly financial statements prior to the submission ot the board of directors.

Form 990, Page 6, Part VI, Line 12C

Periodic reviews of vendor arrangements are conducted to determine adherence to the policy

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Crossroads Academy Inc
EIN
20-3299844
Phone
3526944466
Address
3681 NE 7TH STREET, OCALA, FL 34470

Signing Officer

Name
Mary Beth Anderson
Title
Executive Director
Phone
3526944466
Signed
2020-04-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Graff
Formed
2005
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
3
Employees
25

Preparer

Firm
Villela & Shilts LLC
Address
3301 SW 34TH CIRCLE SUITE 401, OCALA, FL 34474
Preparer
Josh Shilts Cpaabvcffcgma Cfe
Phone
8448506166
Supplemental Narrative

Additional Explanations

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

Provided 95 students who have reading disabilities/disorders with specialized schooling in a small classroom setting, in order to prepare them for return to regular public/private schools.

Raw XML Appendix394 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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IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE FOLLOWING ADVERTISEMENT WAS POSTED IN THE OCALA STAR-BANNER. "CROSSROADS ACADEMY ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL ORIGIN AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES,PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND OTHER SCHOOL-ADMINISTERED PROGRAMS."
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
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IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0FL
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IRS990ScheduleG/SpecialFundraisingEventsInd0X
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IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARY BETH ANDERSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt042574
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0ANDERSON PROPERTIES LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SPOUSE'S LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDED 95 STUDENTS WHO HAVE READING DISABILITIES/DISORDERS WITH SPECIALIZED SCHOOLING IN A SMALL CLASSROOM SETTING, IN ORDER TO PREPARE THEM FOR RETURN TO REGULAR PUBLIC/PRIVATE SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AS DICTATED BY THE ORGANIZATIONS BY-LAWS A REGULAR MEETING SCHEDULE HAS BEEN ESTABLISHED. AT MINIMUM THE BOARD OF DIRECTORS MEETS ANNUALLY TO REVIEW AND DISCUSS THE FORM 990. AS PART OF THE BY-LAWS THE TREASURER IS REQUIRED TO REVIEW MONTHLY FINANCIAL STATEMENTS PRIOR TO THE SUBMISSION OT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PERIODIC REVIEWS OF VENDOR ARRANGEMENTS ARE CONDUCTED TO DETERMINE ADHERENCE TO THE POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0197105
IRS990/TotalAssetsEOYAmt0227428
IRS990/TotalAssetsGrp/BOYAmt0197105
IRS990/TotalAssetsGrp/EOYAmt0227428
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt06078
IRS990/TotalEmployeeCnt025
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0163811
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0543170
IRS990/TotalFunctionalExpensesGrp/TotalAmt0706981
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt049939
IRS990/TotalLiabilitiesEOYAmt050957
IRS990/TotalLiabilitiesGrp/BOYAmt049939
IRS990/TotalLiabilitiesGrp/EOYAmt050957
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0147166
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0176471
IRS990/TotalProgramServiceExpensesAmt0543170
IRS990/TotalProgramServiceRevenueAmt0722965
IRS990/TotalReportableCompFromOrgAmt083704
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0722965
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0736286
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0197105
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0227428
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0147166
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0176471
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0918 SE 23RD ST
IRS990/USAddress/CityNm0OCALA
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034471
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.CROSSROADSACADEMYOCALA.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-11-06 18:47:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARY BETH ANDERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03526944466
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CROSSROADS ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0CROS
ReturnHeader/Filer/EIN0203299844
ReturnHeader/Filer/PhoneNum03526944466
ReturnHeader/Filer/USAddress/AddressLine1Txt03681 NE 7TH STREET
ReturnHeader/Filer/USAddress/CityNm0OCALA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034470
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId005396D4764E2A4B74AE5DCCC61BED8F4A7D3A792
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId005396D4764E2A4B74AE5DCCC61BED8F4A7D3A792
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.200.43.2
ReturnHeader/FilingSecurityInformation/IPDt02020-04-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:58:47
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383969492
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VILLELA & SHILTS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03301 SW 34TH CIRCLE SUITE 401
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OCALA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034474
ReturnHeader/PreparerPersonGrp/PhoneNum08448506166
ReturnHeader/PreparerPersonGrp/PreparationDt02020-04-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSH SHILTS CPAABVCFFCGMA CFE
ReturnHeader/ReturnTs02020-04-16T08:58:47-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-08-01
ReturnHeader/TaxPeriodEndDt02019-07-31
ReturnHeader/TaxYr02018

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.$0.53$0.02$0.52$1.46$1.27$0.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.04$0.32$1.29$1.08$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.27$0.10$0.80$0.83$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.17$0.13$0.76$0.81$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.23$0.05$0.18$0.74$0.71$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.05$0.15$0.74$0.76$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.02$0.16$0.80$0.80$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.17$0.80$0.76$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.04$0.12$0.73$0.76$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.02$0.15$0.74$0.69$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.04$0.11$0.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.02$0.15$0.49
2011Summary only. Only limited summary data is available for this year.$0.10$0.06$0.04$0.42$0.37$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.04$0.00$0.35