Civic Intelligence

Potentia Academy Inc

990 • Fiscal year 2023 • EIN 27-0191621

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

4784 Melaleuca LaneGreenacres, FL 33463

(561) 433-5557

Siviq Scores

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

Liabilities / Assets

67th percentile

0.10x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

69th percentile

0.11x

Higher debt load relative to revenue than 69% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

13th percentile

-27%

Higher net margin than 13% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$130,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 20.0% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

15th percentile

-13%

Faster asset growth than 15% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

40th percentile

1.6%

Faster revenue growth than 40% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$756,408

Down $112,728 (-13%) from 2022

Net Assets

Down

$683,280

Down $170,872 (-20%) from 2022

Liabilities

Up

$73,128

Up $58,144 (+388%) from 2022

Revenue

Up

$649,759

Up $10,405 (+1.6%) from 2022

Expenses

Up

$822,120

Up $259,066 (+46%) from 2022

Net Income

Down

-$172,361

Down $248,661 (-326%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2015: $460,120Liabilities 2015: $279,853Net Assets 2015: $180,2672015Assets 2016: $470,026Liabilities 2016: $247,624Net Assets 2016: $222,4022016Assets 2017: $459,490Liabilities 2017: $215,438Net Assets 2017: $244,0522017Assets 2018: $504,907Liabilities 2018: $75,007Net Assets 2018: $429,9002018Assets 2019: $681,889Liabilities 2019: $49,914Net Assets 2019: $631,9752019Assets 2020: $730,055Liabilities 2020: $37,761Net Assets 2020: $692,2942020Assets 2021: $806,267Liabilities 2021: $13,030Net Assets 2021: $793,2372021Assets 2022: $869,136Liabilities 2022: $14,984Net Assets 2022: $854,1522022Assets 2023: $756,408Liabilities 2023: $73,128Net Assets 2023: $683,2802023Assets 2024: $1,018,932Liabilities 2024: $360,010Net Assets 2024: $658,9222024

Highlighted filing

2023

Assets$756,408
Liabilities$73,128
Net Assets$683,280

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $264,003Expenses 2015: $275,820Net Income 2015: -$11,8172015Revenue 2016: $346,310Expenses 2016: $304,175Net Income 2016: $42,1352016Revenue 2017: $340,316Expenses 2017: $318,666Net Income 2017: $21,6502017Revenue 2018: $573,221Expenses 2018: $387,373Net Income 2018: $185,8482018Revenue 2019: $565,590Expenses 2019: $395,982Net Income 2019: $169,6082019Revenue 2020: $553,944Expenses 2020: $443,315Net Income 2020: $110,6292020Revenue 2021: $576,923Expenses 2021: $500,947Net Income 2021: $75,9762021Revenue 2022: $639,354Expenses 2022: $563,054Net Income 2022: $76,3002022Revenue 2023: $649,759Expenses 2023: $822,120Net Income 2023: -$172,3612023Revenue 2024: $684,310Expenses 2024: $737,976Net Income 2024: -$53,6662024

Highlighted filing

2023

Revenue$649,759
Expenses$822,120
Net Income-$172,361
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$651,728
Mission and Program Overview

Mission

Provide special educational instruction to students with specific learning disabilities.

School that provides educational instruction to students in grades 4 thorugh 12 with specific learning disabilities, including autism spectrum disorders, adhd, dyslexia, dyscalculia, dysgraphia, and test anxiety

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$853,152$682,280▼ $170,872
Land, Buildings, and Equipment, Net$460,345$518,328▲ $57,983
Cash and Non-Interest-Bearing Accounts$371,542$207,369▼ $164,173
Accounts Receivable$33,934$27,396▼ $6,538
Prepaid Expenses and Deferred Charges$3,175$3,175→ $0
Cap Stk Tr Prin Current Funds$1,000$1,000→ $0
Total Assets$869,136$756,408▼ $112,728
Other Assets Total$140$140→ $0
Liabilities
Other Liabilities$464$36,796▲ $36,332
Accounts Payable and Accrued Expenses$14,520$30,532▲ $16,012
Deferred Revenue-$5,800-
Total Liabilities$14,984$73,128▲ $58,144
Net Assets / Fund Balance
Total Net Assets Fund Balance$854,152$683,280▼ $170,872
Total Liabilities and Net Assets / Fund Balance$869,136$756,408▼ $112,728

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$125,164--
Leasehold Improvements$607,685--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dr J Duane MeeksDIRECTOR; CEO; AND PRESIDENTFT$130,000$130,000

Board Members and Trustees

NameTitle
Patrick J Rooney JrDIRECTOR; CHAIRMAN; SECRETARY
Beth-ann MorrisonDirector
Connie ShepherdDirector
Joyce V SawyerDirector
Samuel FerreriDirector
Martin a DytrychDIRECTOR; TREASURER
Horace W SawyerDIRECTOR; VP
Revenue and Support

Revenue Composition

Contributions and Grants
$68,146
Program Service Revenue
$559,392
Investment Income
$0
Other Revenue
$22,221
All Other Contributions
$68,146
Change in Net Assets
$-172,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$519,054
Other Expenses$284,916
Total Fundraising Expense$28,275
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$108,840$81,240$21,120$211,200
Other Salaries and Wages$181,727$20,192$0$201,919
Occupancy$82,619$20,655$0$103,274
Other Employee Benefits$74,543$0$0$74,543
Advertising$65,802$0$0$65,802
Depreciation Depletion$44,020$0$0$44,020
Payroll Taxes$22,016$7,760$1,616$31,392
Fees for Services Management$22,309$5,577$2,864$30,750
Benefits to Members$18,150--$18,150
Fees for Services Accounting$9,077$2,593$1,297$12,967
Office Expenses$9,510$2,377$0$11,887
Conferences and Meetings$6,084$676$0$6,760
Insurance$1,378$1,378$1,378$4,134
Information Technology$1,710$428$0$2,138
Other Expenses$250$0$0$250
Total Functional Expenses$650,908$142,937$28,275$822,120
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,895
Fundraising Direct Expenses$1,969
Professional Fundraising Fees$0
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
-Director/employeeSalary for Working at SchoolNo$130,000
J Duane MeeksFounderSalary for Working at SchoolNo$81,200
Janice E MeeksDirector Owned LLCFmv Rent Paid by OrganizationNo$45,600
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accounts Payable & Credit Cards$30,532
Deferred Revenue$5,800
Unemployment Tax$464
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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
Filing and Contact Details

Filer

Filer Name
Potentia Academy Inc
EIN
27-0191621
Phone
5614335557
Address
4784 MELALEUCA LANE, GREENACRES, FL 33463

Signing Officer

Name
Dr J Duane Meeks
Title
President
Phone
5614335557
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr J Duane Meeks
Formed
2009
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
7
Employees
6
Volunteers
37

Preparer

Firm
Aal Business and Tax Pa
Address
749 US HIGHWAY 1 STE 100, NORTH PALM BEACH, FL 33408
Preparer
Celeste D Lioce
Phone
5618444431
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

There is a family relationship between an officer/director and a key employee. Principal janice meeks is the spouse of dr. J. Duane meeks, who serves as director, president, and chief executive officer. Further, director joyce v. Sawyer is the mother of dr. Meeks and director horace w. Sawyer is the stepfather of dr. Meeks.

Pt VI, Line 11B

The form 990 is prepared by a cpa and the president. The 990 is provided to the board of directors for review before filing.

Pt VI, Line 12C

Through the oversight of the board of directors the conflict of interest policy compliance was monitored but never violated. No enforcement is necessary

Pt VI, Line 15A

With the exception of dr. J. Duane meeks, all other officers and directors volunteer their time. No compensation is paid to the independent directors. The board of directors determines compensation paid to dr. Meeks, the school's president and chief executive office. Dr. Meeks abstains from voting on any proposal or resolution addressing his compensation.

Pt VI, Line 15B

With the exception of dr. J. Duane meeks, all other officers and directors volunteer their time. No compensation is paid to the independent directors. The board of directors determines compensation paid to janice meeks, the schools's principal and key employee. Director dr. J. Duane meeks, who is the spouse of janice meeks, abstains from voting on any proposal or resoltuion addressing her compensation.

Pt VI, Line 18

POTENTIA ACADEMY WILL MAKE ITS INITIAL EXEMPTION APPLICATION AND ITS TAX RETURNS AVAILABLE TO THE PUBLIC UPON REQUEST. IT WILL MAKE ITS TAX RETURNS AVAILABLE ON ITS WEBSITE www.potentiaacademy.org. ITS TAX RETURNS ARE ALSO AVAILABLE ON guidestar.org.

Pt VI, Line 19

The organization will make its governing documents, its policies and financial statements available to public inspection upon request

Raw XML AppendixShowing 400 of 487 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt014520
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt030532
IRS990/AccountsReceivableGrp/BOYAmt033934
IRS990/AccountsReceivableGrp/EOYAmt027396
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SCHOOL THAT PROVIDES EDUCATIONAL INSTRUCTION TO STUDENTS IN GRADES 4 THORUGH 12 WITH SPECIFIC LEARNING DISABILITIES, INCLUDING AUTISM SPECTRUM DISORDERS, ADHD, DYSLEXIA, DYSCALCULIA, DYSGRAPHIA, AND TEST ANXIETY
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt065802
IRS990/AdvertisingGrp/TotalAmt065802
IRS990/AllOtherContributionsAmt068146
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt018150
IRS990/BenefitsToMembersGrp/TotalAmt018150
IRS990/BooksInCareOfDetail/PersonNm0J DUANE MEEKS
IRS990/BooksInCareOfDetail/PhoneNum05614335557
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04784 MELALEUCA LANE
IRS990/BooksInCareOfDetail/USAddress/CityNm0GREENACRES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033463
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt01000
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt01000
IRS990/CashNonInterestBearingGrp/BOYAmt0371542
IRS990/CashNonInterestBearingGrp/EOYAmt0207369
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt021120
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt081240
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0108840
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0211200
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0676
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt06084
IRS990/ConferencesMeetingsGrp/TotalAmt06760
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt018150
IRS990/CYContributionsGrantsAmt068146
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0284916
IRS990/CYOtherRevenueAmt022221
IRS990/CYProgramServiceRevenueAmt0559392
IRS990/CYRevenuesLessExpensesAmt0-172361
IRS990/CYSalariesCompEmpBnftPaidAmt0519054
IRS990/CYTotalExpensesAmt0822120
IRS990/CYTotalFundraisingExpenseAmt028275
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0649759
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt05800
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt044020
IRS990/DepreciationDepletionGrp/TotalAmt044020
IRS990/Desc0PROVIDE INSTRUCTION TO NEURODIVERGENT, UNIQUE LEARNERS IN GRADES 4 THROUGH 12, MOST OF WHOM ENTER OUR PROGRAM 2 TO 3 YEARS BELOW GRADE LEVEL AND ALL OF WHOM HAVE EXPERIENCED BULLYING IN THE PAST. POTENTIA ACADEMY'S PROGRAM OFFERS ITS STUDENTS THE OPPORTUNITY TO REMEDIATE THE DEFICIENCIES IN THEIR MATRICULATION AND GRADUATE WITH A REGULAR HIGH SCHOOL DIPLOMA MEETING THE STANDARDS OF THE STATE OF FLORIDA. THE SCHOOL'S TRANSITIONS PROGRAM, KNOWN BY THE ACRONYM CCREST, OFFERS HIGH SCHOOL JUNIORS AND SENIORS THE OPPORTUNITY TO ACQUIRE THE LIVING, SOCIAL, ACADEMIC, AND JOBS SKILLS TO TRANSITION TO COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL, OR DIRECTLY INTO A CAREER
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0650908
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt01297
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02593
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt09077
IRS990/FeesForServicesAccountingGrp/TotalAmt012967
IRS990/FeesForServicesManagementGrp/FundraisingAmt02864
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt05577
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt022309
IRS990/FeesForServicesManagementGrp/TotalAmt030750
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt045.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0DR J DUANE MEEKS
IRS990/Form990PartVIISectionAGrp/PersonNm1PATRICK J ROONEY JR
IRS990/Form990PartVIISectionAGrp/PersonNm2BETH-ANN MORRISON
IRS990/Form990PartVIISectionAGrp/PersonNm3HORACE W SAWYER
IRS990/Form990PartVIISectionAGrp/PersonNm4JOYCE V SAWYER
IRS990/Form990PartVIISectionAGrp/PersonNm5MARTIN A DYTRYCH
IRS990/Form990PartVIISectionAGrp/PersonNm6SAMUEL FERRERI
IRS990/Form990PartVIISectionAGrp/PersonNm7CONNIE SHEPHERD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0130000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR; CEO; AND PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR; CHAIRMAN; SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR; VP
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR; TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt01969
IRS990/FundraisingGrossIncomeAmt02895
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0651728
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0428
IRS990/InformationTechnologyGrp/ProgramServicesAmt01710
IRS990/InformationTechnologyGrp/TotalAmt02138
IRS990/InsuranceGrp/FundraisingAmt01378
IRS990/InsuranceGrp/ManagementAndGeneralAmt01378
IRS990/InsuranceGrp/ProgramServicesAmt01378
IRS990/InsuranceGrp/TotalAmt04134
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0214521
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0460345
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0518328
IRS990/LandBldgEquipCostOrOtherBssAmt0732849
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO EMPOWER MIDDLE AND HIGH SCHOOL STUDENTS WITH UNIQUE LEARNING CHALLENGES AND ABILITIES TO REACH THEIR FULL LEARNING POTENTIAL AND TO ACQUIRE THE LIVING, SOCIAL, AND JOB SKILLS NECESSARY TO TRANSITION TO INDEPENDENT LIVING
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0854152
IRS990/NetAssetsOrFundBalancesEOYAmt0683280
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0926
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0926
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt020655
IRS990/OccupancyGrp/ProgramServicesAmt082619
IRS990/OccupancyGrp/TotalAmt0103274
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02377
IRS990/OfficeExpensesGrp/ProgramServicesAmt09510
IRS990/OfficeExpensesGrp/TotalAmt011887
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0140
IRS990/OtherAssetsTotalGrp/EOYAmt0140
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt074543
IRS990/OtherEmployeeBenefitsGrp/TotalAmt074543
IRS990/OtherExpensesGrp/Desc0MEMBERSHIP,DUES,LICENSING
IRS990/OtherExpensesGrp/Desc1MERCHANT AND BANK FEES
IRS990/OtherExpensesGrp/Desc2CHARITABLE DONATIONS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt061
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt02507
IRS990/OtherExpensesGrp/ProgramServicesAmt1366
IRS990/OtherExpensesGrp/ProgramServicesAmt2250
IRS990/OtherExpensesGrp/TotalAmt02568
IRS990/OtherExpensesGrp/TotalAmt1366
IRS990/OtherExpensesGrp/TotalAmt2250
IRS990/OtherLiabilitiesGrp/BOYAmt0464
IRS990/OtherLiabilitiesGrp/EOYAmt036796
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt021295
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt021295
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt021295
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020192
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0181727
IRS990/OtherSalariesAndWagesGrp/TotalAmt0201919
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01616
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07760
IRS990/PayrollTaxesGrp/ProgramServicesAmt022016
IRS990/PayrollTaxesGrp/TotalAmt031392
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03175
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03175
IRS990/PrincipalOfficerNm0DR J DUANE MEEKS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1LATE FEE
IRS990/ProgramServiceRevenueGrp/Desc2REGISTRATION FEE
IRS990/ProgramServiceRevenueGrp/Desc3CCREST FEE
IRS990/ProgramServiceRevenueGrp/Desc4SERVICE HOURS FEE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0532887
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt311000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt43610
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt016073
IRS990/PYContributionsGrantsAmt0111209
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0157044
IRS990/PYOtherRevenueAmt01839
IRS990/PYProgramServiceRevenueAmt0526306
IRS990/PYRevenuesLessExpensesAmt076300
IRS990/PYSalariesCompEmpBnftPaidAmt0389937
IRS990/PYTotalExpensesAmt0563054
IRS990/PYTotalRevenueAmt0639354
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-172361
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0543887
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0853152
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0682280
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0125164
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0125164
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0607685
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0607685
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0464
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt130532
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNEMPLOYMENT TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCOUNTS PAYABLE & CREDIT CARDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED REVENUE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0732849
IRS990ScheduleD/TotalLiabilityAmt036796
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0COPY OF THE SCHOOLS NONDISCRIMINATION POLICY IS AVAILABLE ON WEBSITE FOUND WITHIN THE ETHICS POLICY DOCUMENT SEE PREVIOUS PAGE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0PALM VIATOR INVESTMENTS LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JANICE E MEEKS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1J DUANE MEEKS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR OWNED LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1FOUNDER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2DIRECTOR/EMPLOYEE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt045600
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt181200
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt2130000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0FMV RENT PAID BY ORGANIZATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1SALARY FOR WORKING AT SCHOOL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2SALARY FOR WORKING AT SCHOOL
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0DR. DUANE MEEKS AND JANICE MEEKS JOINTLY OWN PALM VIATOR INVESTMENTS LLC FOR THE PURPOSE OF PROVIDING AN OPPORTUNITY FOR POTENTIA ACADEMY TO RENT FACILITIES FOR ITS CAMPUS THAT THE SCHOOL WOULD OTHERWISE NOT BE ABLE TO AFFORD TO PURCHASE. DR. AND MRS. MEEKS OFFER THE PROPERTY FOR LEASE TO POTENTIA ACADEMY AT THEIR COST OR BELOW, I.E., MORTGAGE PRINCIPAL, INTEREST, TAXES, INSURANCE, ETC. AS A DIRECTOR, DR. MEEKS ABSTAINS FROM VOTING ON ALL PROPOSALS AND RESOLUTIONS PLACED BEFORE THE BOARD OF DIRECTORS WITH REGARD TO THE ACCEPTANCE OF THE LEASE OFFER. THE CORPORATE SECRETARY SIGNS ALL LEASES ON BEHALF OF POTENTIA ACADEMY.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc01
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE IS A FAMILY RELATIONSHIP BETWEEN AN OFFICER/DIRECTOR AND A KEY EMPLOYEE. PRINCIPAL JANICE MEEKS IS THE SPOUSE OF DR. J. DUANE MEEKS, WHO SERVES AS DIRECTOR, PRESIDENT, AND CHIEF EXECUTIVE OFFICER. FURTHER, DIRECTOR JOYCE V. SAWYER IS THE MOTHER OF DR. MEEKS AND DIRECTOR HORACE W. SAWYER IS THE STEPFATHER OF DR. MEEKS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY A CPA AND THE PRESIDENT. THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THROUGH THE OVERSIGHT OF THE BOARD OF DIRECTORS THE CONFLICT OF INTEREST POLICY COMPLIANCE WAS MONITORED BUT NEVER VIOLATED. NO ENFORCEMENT IS NECESSARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WITH THE EXCEPTION OF DR. J. DUANE MEEKS, ALL OTHER OFFICERS AND DIRECTORS VOLUNTEER THEIR TIME. NO COMPENSATION IS PAID TO THE INDEPENDENT DIRECTORS. THE BOARD OF DIRECTORS DETERMINES COMPENSATION PAID TO DR. MEEKS, THE SCHOOL'S PRESIDENT AND CHIEF EXECUTIVE OFFICE. DR. MEEKS ABSTAINS FROM VOTING ON ANY PROPOSAL OR RESOLUTION ADDRESSING HIS COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WITH THE EXCEPTION OF DR. J. DUANE MEEKS, ALL OTHER OFFICERS AND DIRECTORS VOLUNTEER THEIR TIME. NO COMPENSATION IS PAID TO THE INDEPENDENT DIRECTORS. THE BOARD OF DIRECTORS DETERMINES COMPENSATION PAID TO JANICE MEEKS, THE SCHOOLS'S PRINCIPAL AND KEY EMPLOYEE. DIRECTOR DR. J. DUANE MEEKS, WHO IS THE SPOUSE OF JANICE MEEKS, ABSTAINS FROM VOTING ON ANY PROPOSAL OR RESOLTUION ADDRESSING HER COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5POTENTIA ACADEMY WILL MAKE ITS INITIAL EXEMPTION APPLICATION AND ITS TAX RETURNS AVAILABLE TO THE PUBLIC UPON REQUEST. IT WILL MAKE ITS TAX RETURNS AVAILABLE ON ITS WEBSITE www.potentiaacademy.org. ITS TAX RETURNS ARE ALSO AVAILABLE ON guidestar.org.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, ITS POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC INSPECTION UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings