Civic Intelligence

Foundation for Therapeutic Options

EIN 20-4497306 • 501(c)3 • Augusta, GA

Profile

Grants for children care with learning, speech, and eating disabilities

3104 Skinner Mill RdAugusta, GA 30909

www.apparoacademy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

37th percentile

0.05x

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

501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

44th percentile

0.12x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

45th percentile

2.6%

Higher net margin than 45% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

28th percentile

-1.5%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

12th percentile

-22%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Down

$6,725,208

Down $105,164 (-1.5%) from 2022

Liabilities

Down

$366,483

Down $211,156 (-37%) from 2022

Net Assets

Up

$6,358,725

Up $105,992 (+1.7%) from 2022

Revenue

Down

$3,083,965

Down $865,204 (-22%) from 2022

Expenses

Up

$3,002,857

Up $1,220,165 (+68%) from 2022

Net Income

Down

$81,108

Down $2,085,369 (-96%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$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

2023

Assets$6,725,208
Liabilities$366,483
Net Assets$6,358,725

Operations Trend

Revenue, expenses, and net income by year, with the latest 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

2023

Revenue$3,083,965
Expenses$3,002,857
Net Income$81,108

Filings

Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Dec 8, 2022
Return Version
2021v4.0
Gross Receipts
$4,112,405
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.

Apparo academy offers specialized early intervention and education programs designed to teach children 6 years and younger in an inclusive and integrated setting. Individualized education and a full range of therapetic services and full time rn care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,176,484$1,198,074▲ $21,590
Pledges and Grants Receivable$1,269,931$1,009,122▼ $260,809
Land, Buildings, and Equipment, Net$1,081,851$1,001,273▼ $80,578
Cash and Non-Interest-Bearing Accounts$879,703$922,238▲ $42,535
Accounts Receivable$22,556$79,025▲ $56,469
Investments in Publicly Traded Securities$24,556$20,960▼ $3,596
Total Assets$4,487,638$6,830,372▲ $2,342,734
Other Assets Total$32,557$2,599,680▲ $2,567,123
Liabilities
Unsecured Notes Loans Payable$338,410$301,639▼ $36,771
Accounts Payable and Accrued Expenses$18,351$173,837▲ $155,486
Other Liabilities$30,770$80,112▲ $49,342
Deferred Revenue$13,391$22,051▲ $8,660
Total Liabilities$400,922$577,639▲ $176,717
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,580,073$5,054,659▲ $3,474,586
Net Assets With Donor Restrictions$2,506,643$1,198,074▼ $1,308,569
Total Net Assets Fund Balance$4,086,716$6,252,733▲ $2,166,017
Total Liabilities and Net Assets / Fund Balance$4,487,638$6,830,372▲ $2,342,734

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$435,383$44,617$480,000
Equipment$245,805$127,961$373,766
Leasehold Improvements$320,085$32,057$352,142
Other Assets Org$555--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021-$20,960--$20,960
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer JonesExecutive DiFT$105,170$105,170

Board Members and Trustees

NameTitle
John CatesBoard Chair
John Stewart MdVice Chair
Ahmad Al-basheerBoard Member
Bob WillsBoard Member
Jeff RichardsBoard Member
Josh GaudinBoard Member
Kelly Hitchcock RnBoard Member
Marcie WilhelmiBoard Member
Melissa L Hopkins MptBoard Member
Will Cagle MdBoard Member
H Ellis Mccutcheon CPATreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,450,029
Program Service Revenue
$1,188,705
Investment Income
$259,709
Other Revenue
$50,726
All Other Contributions
$2,135,255
Change in Net Assets
$2,166,477

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,949,169
Total Revenue per Audited Statements
$3,949,169
Total Revenue per Form 990
$3,949,169
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,424,463
Other Expenses$358,229
Total Fundraising Expense$37,735
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,175,918$35,053$35,053$1,246,024
Fees for Services Other$144,614--$144,614
Payroll Taxes$89,899$2,682$2,682$95,263
Other Employee Benefits$81,282$1,894-$83,176
Depreciation Depletion$65,510$3,178-$68,688
Insurance$27,834$7,270-$35,104
Conferences and Meetings$22,752--$22,752
Occupancy$12,618$3,155-$15,773
Fees for Services Accounting$12,228$1,359-$13,587
Office Expenses$12,376$927-$13,303
Interest$6,590$1,647-$8,237
Advertising$6,519--$6,519
Other Expenses$1,761$1,569-$1,569
All Other Expenses$269$144-$413
Total Functional Expenses$1,681,059$63,898$37,735$1,782,692

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,782,692
Expenses per Audited Statements$1,774,193
Total Expenses per Audited Statements$1,774,193
Expenses Not Reported on Financial Statements$8,499
Other Expense Adjustments$8,499
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$72,514
Fundraising Direct Expenses$21,854
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$72,514$72,514$21,474$51,040
Total Events$72,514$72,514$21,854$50,660
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
H Ellis MccutcheonTreasurerYearly Tax PrepNo$1,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Acccrued Liabilites$80,112
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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

The board is provided with a copy of the form 990 in advance of the board meeting. Any questions are answered by the finance committee. A vote is take to approve the return before the cpa is given authority to file the tax return.

Form 990, Page 6, Part VI, Line 15A

Board approved and industry published data used to determine appropriate salary ranges.

Form 990, Page 6, Part VI, Line 15B

Industry published data used to determine appropriate salary ranges and final agreement approved by the board.

Form 990, Page 6, Part VI, Line 19

All documents made availalbe upon request & approval of the board.

Filing and Contact Details

Filer

Filer Name
Apparo Academy Inc
EIN
20-4497306
Phone
7065224222
Address
3104 SKINNER MILL RD, AUGUSTA, GA 30909

Signing Officer

Name
H Ellis Mccutcheon CPA
Title
Treasurer
Phone
7067248085
Signed
2022-12-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Jones
Formed
2005
Legal Domicile
Ga
Voting Board Members
12
Independent Board Members
12
Employees
40
Volunteers
45

Preparer

Firm
Bedingfield Mccutcheon & Perry
Address
205 DAVIS RD STE 200, AUGUSTA, GA 30907
Preparer
H Ellis Mccutcheon
Phone
7067248085
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Apparo academy offers specialized early intervention and education programs designed to teach children age 6 weeks to 8+ years of age in an inclusive and integrated setting. Individualized education, a full range of therapeutic services and full time rn care are part of apparo's program.

Form 990, Part XI, Line 9

Book / tax depreciation difference 8,499

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 4B

Book / tax depreciation difference 8,499

Raw XML AppendixShowing 400 of 521 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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