Civic Intelligence

No Limits Academy Inc.

990 • Fiscal year 2014 • EIN 26-2679950

Jul 01, 2013 to Jun 30, 2014 • Filed on Sep 14, 2014

4450 W Eau Gallie Blvd32934

(321) 255-6645

Siviq Scores

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

Liabilities / Assets

70th percentile

0.04x

Higher debt load relative to assets than 70% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

75th percentile

$2,865

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

88th percentile

70%

Faster asset growth than 88% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$130,006

Up $53,331 (+70%) from 2013

Net Assets

Up

$124,448

Up $50,650 (+69%) from 2013

Liabilities

Up

$5,558

Up $2,681 (+93%) from 2013

Revenue

$482,027

No earlier filing loaded for comparison.

Expenses

Up

$431,377

Up $87,703 (+26%) from 2013

Net Income

$50,650

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.

$600K$400K$200K$0-$200KAssets 2011: $72,462Liabilities 2011: $2,177Net Assets 2011: $70,2852011Assets 2012: $89,264Liabilities 2012: $3,570Net Assets 2012: $85,6942012Assets 2013: $76,675Liabilities 2013: $2,877Net Assets 2013: $73,7982013Assets 2014: $130,006Liabilities 2014: $5,558Net Assets 2014: $124,4482014Assets 2015: $160,384Liabilities 2015: $102Net Assets 2015: $160,2822015Assets 2016: $157,008Liabilities 2016: $4,405Net Assets 2016: $152,6032016Assets 2017: $110,853Liabilities 2017: $7,252Net Assets 2017: $103,6012017Assets 2018: $169,630Liabilities 2018: $20,490Net Assets 2018: $149,1402018Assets 2019: $144,796Liabilities 2019: $13,933Net Assets 2019: $130,8632019Assets 2020: $261,223Liabilities 2020: $95,874Net Assets 2020: $165,3492020Assets 2021: $236,150Liabilities 2021: $3,205Net Assets 2021: $232,9452021Assets 2022: $317,493Liabilities 2022: $2,795Net Assets 2022: $314,6982022Assets 2023: $344,443Liabilities 2023: $2,960Net Assets 2023: $341,4832023Assets 2024: $446,108Liabilities 2024: $40,363Net Assets 2024: $405,7452024Assets 2025: $442,300Liabilities 2025: -$5,962Net Assets 2025: $448,2622025

Highlighted filing

2014

Assets$130,006
Liabilities$5,558
Net Assets$124,448

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $293,8812011Expenses 2012: $305,6272012Expenses 2013: $343,6742013Revenue 2014: $482,027Expenses 2014: $431,377Net Income 2014: $50,6502014Revenue 2015: $545,431Expenses 2015: $509,597Net Income 2015: $35,8342015Revenue 2016: $557,989Expenses 2016: $565,668Net Income 2016: -$7,6792016Revenue 2017: $579,028Expenses 2017: $628,030Net Income 2017: -$49,0022017Revenue 2018: $670,539Expenses 2018: $625,000Net Income 2018: $45,5392018Revenue 2019: $613,593Expenses 2019: $631,870Net Income 2019: -$18,2772019Revenue 2020: $731,351Expenses 2020: $696,865Net Income 2020: $34,4862020Revenue 2021: $787,548Expenses 2021: $719,952Net Income 2021: $67,5962021Revenue 2022: $718,392Expenses 2022: $636,639Net Income 2022: $81,7532022Revenue 2023: $769,204Expenses 2023: $742,419Net Income 2023: $26,7852023Revenue 2024: $1,006,498Expenses 2024: $942,236Net Income 2024: $64,2622024Revenue 2025: $1,138,205Expenses 2025: $1,095,692Net Income 2025: $42,5132025

Highlighted filing

2014

Revenue$482,027
Expenses$431,377
Net Income$50,650
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Sep 14, 2014
Return Version
2013v3.1
Gross Receipts
$482,027
Mission and Program Overview

Mission

No limits academy seeks to glorify god by providing disabled students with the academic resources, technology, adaptive equipment and self-respect that they need to achieve their fullest potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$10,538$90,544▲ $80,006
Cash and Non-Interest-Bearing Accounts$58,933$22,628▼ $36,305
Land, Buildings, and Equipment, Net$6,225$15,855▲ $9,630
Total Assets$76,675$130,006▲ $53,331
Other Assets Total$979$979→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,877$5,558▲ $2,681
Total Liabilities$2,877$5,558▲ $2,681
Net Assets / Fund Balance
Unrestricted Net Assets$73,798$124,448▲ $50,650
Total Net Assets Fund Balance$73,798$124,448▲ $50,650
Total Liabilities and Net Assets / Fund Balance$76,675$130,006▲ $53,331

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,071$34,548$40,619
Leasehold Improvements$9,784$10,800$20,584
Compensation and Service Providers

Employees

NameTitleBaseTotal
Lea Ann SullivanBoard Member$2,865$2,865

Board Members and Trustees

NameTitle
Roberta NevesChairwoman
Leah FordomBoard Member
Laura JoslinDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$8,110
Program Service Revenue
$473,917
Investment Income
$0
Other Revenue
$0
All Other Contributions
$7,966
Change in Net Assets
$50,650
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$297,816
Other Expenses$133,561
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$269,009$0$0$269,009
Occupancy$75,855$3,992$0$79,847
Payroll Taxes$21,678$0$0$21,678
Depreciation Depletion$12,223$250$0$12,473
Office Expenses$4,145$4,145$0$8,290
Other Expenses$5,632$0$0$5,632
Other Employee Benefits$4,263$0$0$4,263
Conferences and Meetings$2,959$0$0$2,959
Current Officers, Directors, Trustees, and Key Employees$1,433$1,433$0$2,866
Insurance$1,737$0$0$1,737
Travel$744$745$0$1,489
Advertising$218$0$0$218
Total Functional Expenses$419,023$12,354$0$431,377
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
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Management duties delegated
No
Filing and Contact Details

Filer

EIN
26-2679950
Phone
3212556645

Signing Officer

Name
Roberta Neves
Title
Officer
Phone
3212556645
Signed
2014-09-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roberta Neves
Formed
2008
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
17
Volunteers
10

Preparer

Preparer
Lea Ann Sullivan CPA
Phone
3215968957
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Director of school has business relationship with one board memeber

Pt VI, Line 6

School has 4 members on board of directors

Pt VI, Line 7A

New members may be elected by board of directors

Pt VI, Line 7B

Decisions of members are voted on by board of directors

Pt VI, Line 11B

Copy of form 990 was provided at board meeting

Pt VI, Line 12C

Open discussion at board meeting

Pt VI, Line 19

Documents made available upon request

Form 990EZ, Part I, Line 16

Bank charges bond curriculum/supplies insurance licenses and fees office / janitorial seminars and meetings storage

Form 990EZ, Part II, Line 24

Electric deposit net furniture and equipment

Form 990EZ, Part II, Line 26

PAYROLL TAX LIABILITY

Form 990, Part IX, Line 24F

STORAGE

Raw XML Appendix372 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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IRS990/Desc0NO LIMITS ACADEMY BELIEVES THAT GOD HAS CREATED ALL THINGS. THEREFORE, EVERY PERSON IS THE WORKMANSHIP OF GOD. WE BELIEVE THAT GOD HAS PREPARED BEFOREHAND, GREAT THINGS TO WORK OUT IN THE LIFE OF EVERY INDIVIDUAL (EPHESIANS 2:10). WE SEEK TO DRAW OUT AND NOURISH THE FULL POTENTIAL OF EVERY STUDENT BY PROVIDING AN ENVIRONMENT FOR PHYSICAL AND ACADEMIC GROWTH. WE BELIEVE THAT GOD'S SPIRIT WORKS POWERFULLY IN THE LIVES OF THOSE WHO LOVE HIM. THERE IS NO PHYSICAL, MENTAL OR EMOTIONAL DISABITILY THAT CAN IMPEDE THE WORK OF GOD'S SPIRIT. WE BELIEVE THAT GOD DOES NOT LIMIT HIS POWER BASED ON PHYSICAL ATTRIBUTES (MARK 10:27). WE ARE HUMBLED (PHILIPPIANS 2:10) TO KNOW THAT EVERY LIFE HAS LIMITLESS POTENTIAL IN GOD'S PLAN (PHILIPPIANS 4:13, EPHESIANS 3:20). NO LIMITS ACADEMY CONSIDERS EVERY STUDENT TO BE A VIBRANT, PURPOSE-FILLED INDIVIDUAL, DESERVING RESPECT, LOVE AND ENCOURAGEMENT (1ST THESSALONIANS 5:9-14). THE BIBLE TEACHES THAT A TRUE LEADER SERVES OTHERS (MATTHEW 18:1-4, 20:26-28). OUR TEACHERS BELIEVE THAT EVERY STUDENT IS IMPORTANT AND WORTHY OF OUR SERVICES. EVERY STUDENT IS AN INDIVIDUAL HAVING SPECIFIC NEEDS AND A SPECIFIC STYLE OF COMMUNICATION. OUR TEACHERS ARE RESPONSIBLE TO RECOGNIZE THESE INDIVIDUAL TRAITS AND PROVIDE A LEARNING ENVIRONMENT THAT ENCOURAGES MENTAL, EMOTIONAL AND PHYSICAL WELLBEING. WE ALSO BELIEVE THAT TECHNOLOGY IS A BLESSING THAT ALLOWS OUR STUDENTS TO CROSS PHYSICAL BOUNDARIES. EVERY STUDENT IS GIVEN THE RESOURCES TO CREATIVELY EXPRESS THEMSELVES AND GRASP KNOWLEDGE. IN THIS ENVIRONMENT, OUR TEACHERS HELP EVERY STUDENT TO UNDERSTAND THAT THEY ARE VALUED BY GOD AND FULLY CAPABLE OF ACHIEVING ACADEMIC EXCELLENCE.
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IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0EACH YEAR, THE SCHOOL PLACES AN AD IN THE LOCAL NEWSPAPER AND STATES THE RACIAL NONDISCRIMINATORY POLICY OF THE SCHOOL. SEE ATTACHMENT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DIRECTOR OF SCHOOL HAS BUSINESS RELATIONSHIP WITH ONE BOARD MEMEBER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SCHOOL HAS 4 MEMBERS ON BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NEW MEMBERS MAY BE ELECTED BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DECISIONS OF MEMBERS ARE VOTED ON BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COPY OF FORM 990 WAS PROVIDED AT BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OPEN DISCUSSION AT BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BANK CHARGES BOND CURRICULUM/SUPPLIES INSURANCE LICENSES AND FEES OFFICE / JANITORIAL SEMINARS AND MEETINGS STORAGE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ELECTRIC DEPOSIT NET FURNITURE AND EQUIPMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PAYROLL TAX LIABILITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10STORAGE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt076675
IRS990/TotalAssetsEOYAmt0130006
IRS990/TotalAssetsGrp/BOYAmt076675
IRS990/TotalAssetsGrp/EOYAmt0130006
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt08110
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012354
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0419023
IRS990/TotalFunctionalExpensesGrp/TotalAmt0431377
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02877
IRS990/TotalLiabilitiesEOYAmt05558
IRS990/TotalLiabilitiesGrp/BOYAmt02877
IRS990/TotalLiabilitiesGrp/EOYAmt05558
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt073798
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0124448
IRS990/TotalProgramServiceExpensesAmt0419023
IRS990/TotalProgramServiceRevenueAmt0473917
IRS990/TotalReportableCompFromOrgAmt02865
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0473917
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0482027
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt076675
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0130006
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0745
IRS990/TravelGrp/ProgramServicesAmt0744
IRS990/TravelGrp/TotalAmt01489
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt073798
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0124448
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine104450 W EAU GALLIE BLVD
IRS990/USAddress/City0MELBOURNE
IRS990/USAddress/State0FL
IRS990/USAddress/ZIPCode032934
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.NOLIMITSACADEMY.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERTA NEVES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03212556645
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-09-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10No Limits Academy Inc
ReturnHeader/Filer/BusinessNameControlTxt0NOLI
ReturnHeader/Filer/EIN0262679950
ReturnHeader/Filer/PhoneNum03212556645
ReturnHeader/Filer/USAddress/AddressLine104450 W Eau Gallie Blvd
ReturnHeader/Filer/USAddress/City0Melbourne
ReturnHeader/Filer/USAddress/State0FL
ReturnHeader/Filer/USAddress/ZIPCode032934
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10LEA ANN SULLIVAN CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine105300 CITRUS BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0COCOA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0329262211
ReturnHeader/PreparerPersonGrp/PhoneNum03215968957
ReturnHeader/PreparerPersonGrp/PreparationDt02014-09-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEA ANN SULLIVAN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-09-30T11:43:46-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.44$0.01$0.45$1.14$1.10$0.04
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.04$0.41$1.01$0.94$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.77$0.74$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.00$0.31$0.72$0.64$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.00$0.23$0.79$0.72$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.26$0.10$0.17$0.73$0.70$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.01$0.13$0.61$0.63$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.17$0.02$0.15$0.67$0.63$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.01$0.10$0.58$0.63$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.00$0.15$0.56$0.57$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.55$0.51$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.01$0.12$0.48$0.43$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.07$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.29
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • <$500k nonprofits