Civic Intelligence

Foundation for Therapeutic Options

990 • Fiscal year 2019 • EIN 20-4497306

Jan 01, 2019 to Dec 31, 2019 • Filed on May 15, 2020

3104 Skinner Mill RoadAugusta, GA 30909

(706) 522-4222

Siviq Scores

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

Liabilities / Assets

71st percentile

0.28x

Higher debt load relative to assets than 71% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

72nd percentile

0.30x

Higher debt load relative to revenue than 72% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

91st percentile

49%

Higher net margin than 91% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

69th percentile

$100,565

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

95th percentile

98%

Faster asset growth than 95% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

97th percentile

229%

Faster revenue growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,427,837

Up $705,732 (+98%) from 2018

Net Assets

Up

$1,025,159

Up $712,256 (+228%) from 2018

Liabilities

Down

$402,678

Down $6,524 (-1.6%) from 2018

Revenue

Up

$1,363,542

Up $948,846 (+229%) from 2018

Expenses

Up

$701,202

Up $578,422 (+471%) from 2018

Net Income

Up

$662,340

Up $370,424 (+127%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $0Liabilities 2011: $0Net Assets 2011: $02011Assets 2012: $23,961Liabilities 2012: $0Net Assets 2012: $23,9612012Assets 2014: $38,351Liabilities 2014: $0Net Assets 2014: $38,3512014Assets 2015: $29,901Liabilities 2015: $0Net Assets 2015: $29,9012015Assets 2016: $33,227Liabilities 2016: $0Net Assets 2016: $33,2272016Assets 2017: $15,434Liabilities 2017: $0Net Assets 2017: $15,4342017Assets 2018: $722,105Liabilities 2018: $409,202Net Assets 2018: $312,9032018Assets 2019: $1,427,837Liabilities 2019: $402,678Net Assets 2019: $1,025,1592019Assets 2020: $1,797,250Liabilities 2020: $663,127Net Assets 2020: $1,134,1232020Assets 2021: $4,487,638Liabilities 2021: $400,922Net Assets 2021: $4,086,7162021Assets 2022: $6,830,372Liabilities 2022: $577,639Net Assets 2022: $6,252,7332022Assets 2023: $6,725,208Liabilities 2023: $366,483Net Assets 2023: $6,358,7252023

Highlighted filing

2019

Assets$1,427,837
Liabilities$402,678
Net Assets$1,025,159

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2012: $53,596Expenses 2012: $52,337Net Income 2012: $1,2592012Revenue 2014: $28,658Expenses 2014: $44,313Net Income 2014: -$15,6552014Revenue 2015: $48,504Expenses 2015: $57,080Net Income 2015: -$8,5762015Revenue 2016: $53,254Expenses 2016: $49,928Net Income 2016: $3,3262016Revenue 2017: $27,854Expenses 2017: $45,647Net Income 2017: -$17,7932017Revenue 2018: $414,696Expenses 2018: $122,780Net Income 2018: $291,9162018Revenue 2019: $1,363,542Expenses 2019: $701,202Net Income 2019: $662,3402019Revenue 2020: $813,327Expenses 2020: $748,480Net Income 2020: $64,8472020Revenue 2021: $4,387,650Expenses 2021: $1,435,056Net Income 2021: $2,952,5942021Revenue 2022: $3,949,169Expenses 2022: $1,782,692Net Income 2022: $2,166,4772022Revenue 2023: $3,083,965Expenses 2023: $3,002,857Net Income 2023: $81,1082023

Highlighted filing

2019

Revenue$1,363,542
Expenses$701,202
Net Income$662,340
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 15, 2020
Return Version
2019v5.1
Gross Receipts
$1,386,010
Mission and Program Overview

Mission

Apparo academy offers specialized early intervention and education program designed to teach children age 13 month to 6 years of age in an inclusive and integrated setting. Individualized education and full range of therapeutic services and full time rn care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$511,103$1,055,673▲ $544,570
Rtn Earn Endowment Incm Other Fnds$312,903$1,025,159▲ $712,256
Savings and Temporary Cash Investments$181,159$346,276▲ $165,117
Cash and Non-Interest-Bearing Accounts$29,288$25,333▼ $3,955
Total Assets$722,105$1,427,837▲ $705,732
Other Assets Total$555$555→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$407,808$402,678▼ $5,130
Accounts Payable and Accrued Expenses$1,394--
Total Liabilities$409,202$402,678▼ $6,524
Net Assets / Fund Balance
Total Net Assets Fund Balance$312,903$1,025,159▲ $712,256
Total Liabilities and Net Assets / Fund Balance$722,105$1,427,837▲ $705,732

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$369,037$10,963$380,000
Leasehold Improvements$343,511$20,192$363,703
Equipment$243,125$18,215$261,340
Land$100,000-$100,000
Other Assets Org$555--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer JonesExecutive DirectorFT$100,565$100,565

Board Members and Trustees

NameTitle
John CatesBoard Chair
Dr John StewartVice Chair
Bob WillsBoard Member
Dr Will CagleBoard Member
Jeff RichardsBoard Member
Josh GaudinBoard Member
Kelly Hitchcock RnBoard Member
Marcie WilhelmiBoard Member
Melissa L Hopkins MptBoard Member
Millie KlosinskiBoard Member
Stephen StoryBoard Member
Ellis W Mccutcheon CPATreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$937,074
Program Service Revenue
$297,055
Investment Income
$2,210
Other Revenue
$127,203
All Other Contributions
$937,074
Change in Net Assets
$662,340
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$490,104
Other Expenses$208,382
Professional Fundraising Fees$2,716
Total Fundraising Expense$2,716
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$326,293--$326,293
Current Officers, Directors, Trustees, and Key Employees$50,283$50,282-$100,565
Depreciation Depletion$47,741--$47,741
Fees for Services Other$37,010--$37,010
Other Employee Benefits$23,598$8,132-$31,730
Payroll Taxes$31,516--$31,516
Advertising$4,942$11,500-$16,442
Interest-$15,867-$15,867
Insurance$4,270$9,785-$14,055
Occupancy$6,486$2,500-$8,986
Fees for Services Accounting-$8,700-$8,700
Information Technology$5,238--$5,238
Other Expenses$5,187$29,014-$5,187
Fees for Services Professional Fundraising--$2,716$2,716
Office Expenses-$2,709-$2,709
Travel-$142-$142
Total Functional Expenses$559,855$138,631$2,716$701,202
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$149,671
Fundraising Direct Expenses$22,468
Professional Fundraising Fees$2,716

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tourney----
Tri Best----
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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 governing body review Part VI line 11

The board reviwed the return prior to submitting.

Officer director etc mailing address Part VI line 9

Please use the address of Apparo Academy Inc for Address for all Board Members.

Conflict of interest policy compliance Part VI line 12C

The board has a policy of asking annually of a conflict of interest within the board.

Governing documents etc available to public Part VI line 19

All documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Apparo Academy Inc
EIN
20-4497306
Address
3104 SKINNER MILL ROAD, Augusta, GA 30909

Signing Officer

Name
John Cates
Title
Chairman
Phone
7065224222
Signed
2020-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Jones Phd
Formed
2005
Legal Domicile
Ga
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
30

Preparer

Firm
CPA Advisors LLC
Address
3744 WALTON WAY EXT, Augusta, GA 30907
Preparer
Edward W Brown CPA
Phone
7068550544
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

The Foundation for Therapy Options became Apparo Academy Inc with the primary program change to include a school for children with Speech, Eating and other disabilities.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board reviwed the return prior to submitting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Please use the address of Apparo Academy Inc for Address for all Board Members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board has a policy of asking annually of a conflict of interest within the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Foundation for Therapy Options became Apparo Academy Inc with the primary program change to include a school for children with Speech, Eating and other disabilities.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Officer director etc mailing address Part VI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Significant program services not listed on prior year return Part III line 2
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IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0722105

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