Civic Intelligence

Glades Academy Foundation Inc.

990 • Fiscal year 2011 • EIN 26-2475110

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 14, 2012

1 Clematis Street33401
Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

1st percentile

-77%

Faster asset growth than 1% of similar nonprofits.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$338,434

Down $1,141,436 (-77%) from 2010

Net Assets

Down

$338,434

Down $1,116,213 (-77%) from 2010

Liabilities

Down

$0

Down $25,223 (-100%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,684,718

Up $1,555,371 (+1202%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,479,870Liabilities 2010: $25,223Net Assets 2010: $1,454,6472010Assets 2011: $338,434Liabilities 2011: $0Net Assets 2011: $338,4342011Assets 2012: $1,072,372Liabilities 2012: $18,496Net Assets 2012: $1,053,8762012Assets 2013: $1,435,051Liabilities 2013: $2,603Net Assets 2013: $1,432,4482013Assets 2014: $2,205,977Liabilities 2014: $70Net Assets 2014: $2,205,9072014Assets 2015: $940,612Liabilities 2015: $0Net Assets 2015: $940,6122015Assets 2016: $841,929Liabilities 2016: $0Net Assets 2016: $841,9292016Assets 2017: $1,381,468Liabilities 2017: $0Net Assets 2017: $1,381,4682017Assets 2018: $1,859,318Liabilities 2018: $0Net Assets 2018: $1,859,3182018Assets 2019: $2,509,810Liabilities 2019: $2,485Net Assets 2019: $2,507,3252019Assets 2020: $2,353,300Liabilities 2020: $5,841Net Assets 2020: $2,347,4592020Assets 2021: $2,661,449Liabilities 2021: $0Net Assets 2021: $2,661,4492021Assets 2022: $3,140,593Liabilities 2022: $0Net Assets 2022: $3,140,5932022Assets 2023: $4,085,885Liabilities 2023: $0Net Assets 2023: $4,085,8852023Assets 2024: $5,421,335Liabilities 2024: $16,057Net Assets 2024: $5,405,2782024

Highlighted filing

2011

Assets$338,434
Liabilities$0
Net Assets$338,434

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $129,3472010Expenses 2011: $1,684,7182011Expenses 2012: $287,6692012Revenue 2013: $916,572Expenses 2013: $538,000Net Income 2013: $378,5722013Revenue 2014: $1,067,476Expenses 2014: $287,664Net Income 2014: $779,8122014Revenue 2015: $1,233,142Expenses 2015: $2,506,373Net Income 2015: -$1,273,2312015Revenue 2016: $1,195,477Expenses 2016: $1,293,760Net Income 2016: -$98,2832016Revenue 2017: $1,010,765Expenses 2017: $471,226Net Income 2017: $539,5392017Revenue 2018: $994,043Expenses 2018: $516,193Net Income 2018: $477,8502018Revenue 2019: $950,308Expenses 2019: $302,301Net Income 2019: $648,0072019Revenue 2020: $801,745Expenses 2020: $964,097Net Income 2020: -$162,3522020Revenue 2021: $706,864Expenses 2021: $406,559Net Income 2021: $300,3052021Revenue 2022: $920,503Expenses 2022: $441,359Net Income 2022: $479,1442022Revenue 2023: $1,347,450Expenses 2023: $402,158Net Income 2023: $945,2922023Revenue 2024: $1,753,272Expenses 2024: $433,879Net Income 2024: $1,319,3932024

Highlighted filing

2011

Revenue-
Expenses$1,684,718
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Nov 14, 2012
Return Version
2011v1.2
Gross Receipts
$801,146
Mission and Program Overview

Mission

To promote quality public school education in Florida through contributions to charter schools. To monitor the use of the contributions to assure their use in expanding educational opportunities for the students at such schools. To develop funding sources to expand and enhance this mission. Construct new and augment existing school facilities.

Major Activities

Activity 2
Direct support to Glades Academy Elementary School, Inc. in Pahokee, FL which serves young children from kindergarden through 5th grade and has been in continuous operation for over 11 years. The funds were used by the school to purchase educational materials, and for the general support of academic programs where money from the school district was not sufficient to support the day to day academic programs needed for a school in this disadvantaged area of Palm Beach County. The elementary school was recently relocated to a new academic building on the campus of New Hope Charities where approximately 110 students annually experience a state of the art education from experienced and highly credentialed teachers and school leaders. The school achieved its A rating in the State of Florida and continues to excel in all areas.
Activity 3
Completion of construction of the new school facility which is occupied by Glades Academy Elementary School, Inc. The funds were utilized for the school academic building and surrounding playgrounds and parking areas on the campus of New Hope Charities, Inc. New Hope Charities, Inc. provides many year round programs for children in the western Palm Beach County/Lake Okeechobee area which include academic support, athletic, and after school experiences. New Hope Charities extends its professionally designed programs to many families who otherwise would not have access to a safe and suportive environment for their children. The location of the new school facility on the campus complements the academics of the charter school students and their families. See Glades Academy School Class Room Addition Cost Accumulation through 12/31/2011
Filing and Contact Details

Filer

EIN
26-2475110
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IRS990ScheduleO/GeneralExplanation/Explanation2The organization discusses the policy against conflicts of interest periodically.
IRS990ScheduleO/GeneralExplanation/Explanation3The organization has no compensated employees.
IRS990ScheduleO/GeneralExplanation/Explanation4All organizational documents to include governing documents, conflicts of interest policies, and financial statements are available to the public by contacting any of the directors and making a written request.
IRS990ScheduleO/GeneralExplanation/Explanation5Form 990 Part VI Section A Line 2 Two directors have a family relationship Form 990 Part VI Section B Line 11a Form 990 is circulated among the directors prior to filing. Form 990 Part VI Section B Line 12c The organization discusses the policy against conflicts of interest periodically. Form 990 Part VI Section B Line 15c The organization has no compensated employees. Form 990 Part VI Section C Line 19 All organizational documents to include governing documents, conflicts of interest policies, and financial statements are available to the public by contacting any of the directors and making a written request.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990 Part VI
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990 Part VI
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990 Part VI
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990 Part VI
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990 Part VI
IRS990ScheduleO/GeneralExplanation/ReturnReference02
IRS990ScheduleO/GeneralExplanation/ReturnReference111a
IRS990ScheduleO/GeneralExplanation/ReturnReference212c
IRS990ScheduleO/GeneralExplanation/ReturnReference315c
IRS990ScheduleO/GeneralExplanation/ReturnReference419
IRS990/ScheduleORequired0true
IRS990ScheduleR/ExchangeOfAssets0false
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine10360 East Main Street Bldg C
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine117368 SR 15 Bldg E
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0Pahokee
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City1Pahokee
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0FL
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State1FL
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode033476
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode133476
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg0false
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg1false
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityNA0N/A
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityNA1N/A
IRS990ScheduleR/Form990ScheduleRPartII/EIN0651156772
IRS990ScheduleR/Form990ScheduleRPartII/EIN1651032601
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0501c3
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection1501c3
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0FL
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState1FL
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10Everglades Preparatory Academy Inc
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine11Glades Academy Elementary School Inc
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0School
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities1School
IRS990ScheduleR/Form990ScheduleRPartII/PublicCharityStatus0Public Charity
IRS990ScheduleR/Form990ScheduleRPartII/PublicCharityStatus1Public Charity
IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg0false
IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg0true
IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrg0false
IRS990ScheduleR/OtherTransferFromOtherOrg0false
IRS990ScheduleR/OtherTransferToOtherOrg0false
IRS990ScheduleR/PerformOfServicesByOtherOrgs0false
IRS990ScheduleR/PerformOfServicesForOtherOrgs0false
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg0false
IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties0false
IRS990ScheduleR/ReimbursementPaidByOtherOrg0false
IRS990ScheduleR/ReimbursementPaidToOtherOrg0false
IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.42$0.02$5.41$1.75$0.43$1.32
2023Detailed filing. Detailed filing data is available for this year.$4.09$0.00$4.09$1.35$0.40$0.95
2022Detailed filing. Detailed filing data is available for this year.$3.14$0.00$3.14$0.92$0.44$0.48
2021Detailed filing. Detailed filing data is available for this year.$2.66$0.00$2.66$0.71$0.41$0.30
2020Detailed filing. Detailed filing data is available for this year.$2.35$0.01$2.35$0.80$0.96$0.16
2019Detailed filing. Detailed filing data is available for this year.$2.51$0.00$2.51$0.95$0.30$0.65
2018Detailed filing. Detailed filing data is available for this year.$1.86$0.00$1.86$0.99$0.52$0.48
2017Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$1.01$0.47$0.54
2016Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$1.20$1.29$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$1.23$2.51$1.27
2014Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.21$1.07$0.29$0.78
2013Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.43$0.92$0.54$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.02$1.05$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.00$0.34$1.68
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.03$1.45$0.13
Peer Organizations

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