Civic Intelligence

Applied Scholastics Online Academy

990 • Fiscal year 2016 • EIN 26-4323614

Jan 01, 2016 to Dec 31, 2016 • Filed on May 18, 2017

15020 Burwood DrPerris, CA 92570

(971) 789-0224

Siviq Scores

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

Liabilities / Assets

79th percentile

0.13x

Higher debt load relative to assets than 79% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

67th percentile

0.02x

Higher debt load relative to revenue than 67% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

43rd percentile

0.5%

Higher net margin than 43% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

85th percentile

$27,100

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

56th percentile

5.1%

Faster asset growth than 56% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$37,998

Up $1,859 (+5.1%) from 2015

Net Assets

Up

$33,101

Up $1,574 (+5.0%) from 2015

Liabilities

Up

$4,897

Up $285 (+6.2%) from 2015

Revenue

Up

$318,936

Up $43,467 (+16%) from 2015

Expenses

Up

$317,362

Up $27,747 (+9.6%) from 2015

Net Income

Up

$1,574

Up $15,720 (+111%) from 2015

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $22,944Liabilities 2010: $10,337Net Assets 2010: $12,6072010Assets 2011: $29,756Liabilities 2011: $3,389Net Assets 2011: $26,3672011Assets 2012: $26,698Liabilities 2012: $503Net Assets 2012: $26,1952012Assets 2013: $27,595Liabilities 2013: $1,887Net Assets 2013: $25,7082013Assets 2014: $47,163Liabilities 2014: $1,490Net Assets 2014: $45,6732014Assets 2015: $36,139Liabilities 2015: $4,612Net Assets 2015: $31,5272015Assets 2016: $37,998Liabilities 2016: $4,897Net Assets 2016: $33,1012016Assets 2017: $70,941Liabilities 2017: $5,856Net Assets 2017: $65,0852017Assets 2018: $111,029Liabilities 2018: $6,379Net Assets 2018: $104,6502018Assets 2019: $123,045Liabilities 2019: $7,899Net Assets 2019: $115,1462019Assets 2020: $120,997Liabilities 2020: $7,459Net Assets 2020: $113,5382020Assets 2021: $145,053Liabilities 2021: $9,348Net Assets 2021: $135,7052021Assets 2022: $136,385Liabilities 2022: $10,070Net Assets 2022: $126,3152022Assets 2023: $129,919Liabilities 2023: $10,882Net Assets 2023: $119,0372023Assets 2024: $142,710Liabilities 2024: $11,632Net Assets 2024: $131,0782024

Highlighted filing

2016

Assets$37,998
Liabilities$4,897
Net Assets$33,101

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $158,144Expenses 2010: $147,573Net Income 2010: $10,5712010Expenses 2011: $184,7782011Expenses 2012: $241,8672012Revenue 2013: $253,955Expenses 2013: $254,442Net Income 2013: -$4872013Revenue 2014: $265,649Expenses 2014: $245,684Net Income 2014: $19,9652014Revenue 2015: $275,469Expenses 2015: $289,615Net Income 2015: -$14,1462015Revenue 2016: $318,936Expenses 2016: $317,362Net Income 2016: $1,5742016Revenue 2017: $355,715Expenses 2017: $323,731Net Income 2017: $31,9842017Revenue 2018: $244,613Expenses 2018: $205,048Net Income 2018: $39,5652018Revenue 2019: $433,523Expenses 2019: $423,027Net Income 2019: $10,4962019Revenue 2020: $485,042Expenses 2020: $468,847Net Income 2020: $16,1952020Revenue 2021: $532,439Expenses 2021: $510,339Net Income 2021: $22,1002021Revenue 2022: $461,951Expenses 2022: $469,709Net Income 2022: -$7,7582022Revenue 2023: $483,200Expenses 2023: $490,735Net Income 2023: -$7,5352023Revenue 2024: $540,599Expenses 2024: $528,360Net Income 2024: $12,2392024

Highlighted filing

2016

Revenue$318,936
Expenses$317,362
Net Income$1,574
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 18, 2017
Return Version
2016v3.0
Gross Receipts
$342,611
Mission and Program Overview

Mission

Operation of an online homeschooling academy for grades k thru 12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$35,277$37,526▲ $2,249
Land, Buildings, and Equipment, Net$862$472▼ $390
Total Assets$36,139$37,998▲ $1,859
Liabilities
Accounts Payable and Accrued Expenses$3,877$4,897▲ $1,020
Other Liabilities$735--
Total Liabilities$4,612$4,897▲ $285
Net Assets / Fund Balance
Unrestricted Net Assets$31,527$33,101▲ $1,574
Total Net Assets Fund Balance$31,527$33,101▲ $1,574
Total Liabilities and Net Assets / Fund Balance$36,139$37,998▲ $1,859

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$415$1,985$2,400
Equipment$57$1,917$1,974
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carlynn MccormickCEO, DirectoFT$27,100$27,100
Brian ThompsonPresident-$27,100$27,100
Martha ThompsonCFO, Secreta-$27,100$27,100

Board Members and Trustees

NameTitle
Debbie WattDirector
Pam MonizDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$125
Program Service Revenue
$297,209
Investment Income
$0
Other Revenue
$21,602
All Other Contributions
$125
Change in Net Assets
$1,574
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$167,963
Salaries, Compensation, and Employee Benefits$148,899
Total Fundraising Expense$2,010
Grants and Similar Amounts Paid$500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$80,471$4,235-$84,706
Current Officers, Directors, Trustees, and Key Employees$81,300--$81,300
Other Salaries and Wages$51,490$2,710-$54,200
Office Expenses$28,676$1,422-$30,098
Payments to Affiliates$21,455--$21,455
Payroll Taxes$12,729$670-$13,399
Advertising$8,643$455-$9,098
Fees for Services Accounting$3,957$1,783-$5,740
Other Expenses$4,750$250-$5,000
Royalties$4,160--$4,160
Conferences and Meetings$2,626$138-$2,764
Fees for Services Other-$20$2,010$2,030
Insurance$1,898$100-$1,998
Travel$498$26-$524
Grants to Domestic Orgs$500--$500
Depreciation Depletion$390--$390
Total Functional Expenses$303,543$11,809$2,010$317,362
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
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
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 2

Brian thompson martha thompson president cfo married

Form 990, Page 6, Part VI, Line 11B

The cfo and executive director review the corporation's tax returns before they are filed. Board members review the returns at the annual board meeting.

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

Directors are required to sign a conflict of interest policy statement each year.

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

Board review and approval.

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

Board review and approval

Form 990, Page 6, Part VI, Line 19

No documents available to the public.

Form 990, Part VII

List of current officers regardless of amount of compensation

Filing and Contact Details

Filer

Filer Name
Applied Scholastics Online Academy
EIN
26-4323614
Phone
9717890224
Address
15020 BURWOOD DR, PERRIS, CA 92570

Signing Officer

Name
Martha Thompson
Title
CFO, Secretary
Phone
9717890224
Signed
2017-05-18

Organization Details

Principal Officer
Martha Thompson
Formed
2009
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
2
Employees
5

Preparer

Firm
Bloch Frankel and Associates Cpas Pc
Address
3443 OCEAN VIEW BLVD STE 101, GLENDALE, CA 91208-1508
Preparer
Jim Frankel CPA
Phone
8189571040
Raw XML Appendix339 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/SupplementalInformationDetail/ExplanationTxt0PUBLISHES NON-DISCRIMINATION POLICIES IN LOCAL NEWSPAPERS ANNUALLY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BRIAN THOMPSON MARTHA THOMPSON PRESIDENT CFO MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CFO AND EXECUTIVE DIRECTOR REVIEW THE CORPORATION'S TAX RETURNS BEFORE THEY ARE FILED. BOARD MEMBERS REVIEW THE RETURNS AT THE ANNUAL BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY STATEMENT EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD REVIEW AND APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LIST OF CURRENT OFFICERS REGARDLESS OF AMOUNT OF COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VII
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011809
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0303543
IRS990/TotalFunctionalExpensesGrp/TotalAmt0317362
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04612
IRS990/TotalLiabilitiesEOYAmt04897
IRS990/TotalLiabilitiesGrp/BOYAmt04612
IRS990/TotalLiabilitiesGrp/EOYAmt04897
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt031527
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt033101
IRS990/TotalProgramServiceExpensesAmt0303543
IRS990/TotalProgramServiceRevenueAmt0297209
IRS990/TotalReportableCompFromOrgAmt081300
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0318811
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0318936
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt036139
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt037998
IRS990/TravelGrp/ManagementAndGeneralAmt026
IRS990/TravelGrp/ProgramServicesAmt0498
IRS990/TravelGrp/TotalAmt0524
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt031527
IRS990/UnrestrictedNetAssetsGrp/EOYAmt033101
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt021715 OAK ST
IRS990/USAddress/CityNm0PERRIS
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092570
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0APPLIEDSCHOLASTICSONLINE.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARTHA THOMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO, SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum09717890224
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0APPLIED SCHOLASTICS ONLINE ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0APPL
ReturnHeader/Filer/EIN0264323614
ReturnHeader/Filer/PhoneNum09717890224
ReturnHeader/Filer/USAddress/AddressLine1Txt015020 BURWOOD DR
ReturnHeader/Filer/USAddress/CityNm0PERRIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092570
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01BCEDF53DBADFAA35501BA772622161A016E182D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D04D2F11266760C94B5021E277422DF6DDE9890A
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472848958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLOCH FRANKEL AND ASSOCIATES CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03443 OCEAN VIEW BLVD STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLENDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0912081508
ReturnHeader/PreparerPersonGrp/PhoneNum08189571040
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JIM FRANKEL CPA
ReturnHeader/ReturnTs02017-10-13T12:17:03-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.12$1.31$5.41$5.28$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.11$1.19$4.83$4.91$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.10$1.26$4.62$4.70$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.09$1.36$5.32$5.10$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.07$1.14$4.85$4.69$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.08$1.15$4.34$4.23$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.06$1.05$2.45$2.05$0.40
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.06$0.65$3.56$3.24$0.32
2016Detailed filing. Detailed filing data is available for this year.$0.38$0.05$0.33$3.19$3.17$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.36$0.05$0.32$2.75$2.90$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.47$0.01$0.46$2.66$2.46$0.20
2013Detailed filing. Detailed filing data is available for this year.$0.28$0.02$0.26$2.54$2.54$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.01$0.26$2.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.03$0.26$1.85
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.10$0.13$1.58$1.48$0.11