Civic Intelligence

Edison Academics Inc

990 • Fiscal year 2017 • EIN 27-0612152

Aug 01, 2016 to Jul 31, 2017 • Filed on Jan 22, 2018

Organization Profilewww.edisonacademicschool.com
7710 Cortez Rd WBradenton, FL 34210

(773) 410-9313

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.19x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

69th percentile

0.02x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

52nd percentile

4.0%

Higher net margin than 52% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

93rd percentile

133%

Faster asset growth than 93% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

84th percentile

45%

Faster revenue growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$30,880

Up $17,655 (+133%) from 2016

Net Assets

Up

$24,934

Up $11,709 (+89%) from 2016

Liabilities

Up

$5,946

Up $5,946 from 2016

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin52nd percentile

Revenue

Up

$295,365

Up $91,623 (+45%) from 2016

Expenses

Up

$283,656

Up $64,930 (+30%) from 2016

Net Income

Up

$11,709

Up $26,693 (+178%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$100K$50K$0Assets 2010: $16,672Liabilities 2010: $0Net Assets 2010: $16,6722010Assets 2011: $72,745Liabilities 2011: $0Net Assets 2011: $72,7452011Assets 2012: $89,569Liabilities 2012: $0Net Assets 2012: $89,5692012Assets 2013: $12,865Liabilities 2013: $0Net Assets 2013: $12,8652013Assets 2014: $13,338Liabilities 2014: $0Net Assets 2014: $13,3382014Assets 2015: $28,209Liabilities 2015: $0Net Assets 2015: $28,2092015Assets 2016: $13,225Liabilities 2016: $0Net Assets 2016: $13,2252016Assets 2017: $30,880Liabilities 2017: $5,946Net Assets 2017: $24,9342017Assets 2019: $46,165Liabilities 2019: $0Net Assets 2019: $46,1652019Assets 2020: $37,052Liabilities 2020: $0Net Assets 2020: $37,0522020Assets 2021: $16,894Liabilities 2021: $6,931Net Assets 2021: $9,9632021

Highlighted filing

2017

Assets$30,880
Liabilities$5,946
Net Assets$24,934
Open 2017 Filing

Operations Trend

Revenue Growth84th percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $405,9392010Expenses 2011: $611,5662011Expenses 2012: $495,7612012Expenses 2013: $367,1862013Revenue 2014: $339,211Expenses 2014: $338,738Net Income 2014: $4732014Revenue 2015: $237,717Expenses 2015: $222,846Net Income 2015: $14,8712015Revenue 2016: $203,742Expenses 2016: $218,726Net Income 2016: -$14,9842016Revenue 2017: $295,365Expenses 2017: $283,656Net Income 2017: $11,7092017Revenue 2019: $277,855Expenses 2019: $241,860Net Income 2019: $35,9952019Revenue 2020: $236,238Expenses 2020: $238,121Net Income 2020: -$1,8832020Revenue 2021: $258,585Expenses 2021: $287,637Net Income 2021: -$29,0522021

Highlighted filing

2017

Revenue$295,365
Expenses$283,656
Net Income$11,709
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2016 to Jul 31, 2017
Signed
Jan 22, 2018
Return Version
2016v3.0
Gross Receipts
$295,365
Mission and Program Overview

Mission

Provide an educational setting where students of diverse ages and interests can pursue a college preparatory education. Our goal is to supply the guidance necessary to develop in each student the confidence to begin a task, determination to continue and the skills to complete.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,595$20,710▲ $19,115
Land, Buildings, and Equipment, Net$11,630$10,170▼ $1,460
Total Assets$13,225$30,880▲ $17,655
Liabilities
Accounts Payable and Accrued Expenses-$5,946-
Total Liabilities$0$5,946▲ $5,946
Net Assets / Fund Balance
Unrestricted Net Assets$13,225$24,934▲ $11,709
Total Net Assets Fund Balance$13,225$24,934▲ $11,709
Total Liabilities and Net Assets / Fund Balance$13,225$30,880▲ $17,655

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,170$3,203$13,373
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Loren C JacksonPresident
Loren JacksonPresident
Ai-Ja JacksonDirector
Paula JacksonSecretary
Chad SaundersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$295,365
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$11,709
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$155,178
Other Expenses$128,478
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$138,802--$138,802
Occupancy$55,423--$55,423
Fees for Services Other$15,545$1,100-$16,645
Payroll Taxes$16,376--$16,376
Office Expenses-$14,563-$14,563
Depreciation Depletion-$2,570-$2,570
Fees for Services Accounting-$1,680-$1,680
Advertising-$1,582-$1,582
All Other Expenses-$1,580-$1,580
Information Technology-$1,322-$1,322
Other Expenses$23,349$1,032-$1,032
Total Functional Expenses$249,495$34,161$0$283,656
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Victory Rock dba The BridgeControlled GroupPayments received by Edison for Victory RockNo$12,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

“Loren Jackson and Paula Jackson are a married couple. Loren C Jackson and Ai-Ja Jackson are their children.”

Form 990 governing body review Part VI line 11

“Form 990 was reviewed by members of the Board before it was submitted to the IRS.”

Conflict of interest policy compliance Part VI line 12C

“All members of the Board must sign a conflict of interest policy annually.”

CEO executive director top management comp Part VI line 15A

“Members of the Board and top management are not compensated.”

Form 990 availability to public Part VI line 18

“Form 990 is available upon written request.”

Governing documents etc available to public Part VI line 19

“Documents are available upon written request.”

Filing and Contact Details

Filer

Filer Name
Edison Academics Inc
EIN
27-0612152
Address
7710 Cortez Rd W, Bradenton, FL 34210

Signing Officer

Name
Chad Saunders
Title
President
Phone
9417022465
Signed
2018-01-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Loren Jackson
Formed
2009
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
12

Preparer

Firm
Linda Patterson CPA PA
Address
2831 Ringling Blvd 116D, Sarasota, FL 34237
Preparer
Linda Patterson
Phone
9419241120
Raw XML Appendix374 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/EOYAmt05946
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide an educational setting where students of diverse ages and interests can pursue a college preparatory education. Our goal is to supply the guidance necessary to develop in each student the confidence to begin a task, determination to continue and the skills to complete.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01582
IRS990/AdvertisingGrp/TotalAmt01582
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01580
IRS990/AllOtherExpensesGrp/TotalAmt01580
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Chad Saunders
IRS990/BooksInCareOfDetail/PhoneNum07734109313
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07710 Cortez Rd W
IRS990/BooksInCareOfDetail/USAddress/CityNm0Bradenton
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd034210
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01595
IRS990/CashNonInterestBearingGrp/EOYAmt020710
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0128478
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0295365
IRS990/CYRevenuesLessExpensesAmt011709
IRS990/CYSalariesCompEmpBnftPaidAmt0155178
IRS990/CYTotalExpensesAmt0283656
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0295365
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02570
IRS990/DepreciationDepletionGrp/TotalAmt02570
IRS990/Desc0Edison Academics Inc provided a school setting where students of diverse ages, interests and backgrounds pursued their education. We provided the guidance to develop in each student the confidence needed to begin, determination to continue and the skills and drive necessary to successfully complete projects and assignments. We encouraged every student to bring their unique talents to the learning situation.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt012
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0249495
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01680
IRS990/FeesForServicesAccountingGrp/TotalAmt01680
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01100
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt015545
IRS990/FeesForServicesOtherGrp/TotalAmt016645
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt325.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Chad Saunders
IRS990/Form990PartVIISectionAGrp/PersonNm1Paula Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm2Ai-Ja Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm3Loren Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm4Loren C Jackson
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3President
IRS990/Form990PartVIISectionAGrp/TitleTxt4President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0295365
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01322
IRS990/InformationTechnologyGrp/TotalAmt01322
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03203
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011630
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010170
IRS990/LandBldgEquipCostOrOtherBssAmt013373
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide an educational setting where students of diverse ages and interests can pursue a college preparatory education. Our goal is to supply the guidance necessary to develop in each student the confidence to begin a task, determination to continue and the skills to complete.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt013225
IRS990/NetAssetsOrFundBalancesEOYAmt024934
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt055423
IRS990/OccupancyGrp/TotalAmt055423
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014563
IRS990/OfficeExpensesGrp/TotalAmt014563
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Eductional Supplies & Exp
IRS990/OtherExpensesGrp/Desc1Insurance
IRS990/OtherExpensesGrp/Desc2Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc3License Dues Subscriptions
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06422
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12310
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21032
IRS990/OtherExpensesGrp/ProgramServicesAmt023349
IRS990/OtherExpensesGrp/TotalAmt023349
IRS990/OtherExpensesGrp/TotalAmt16422
IRS990/OtherExpensesGrp/TotalAmt22310
IRS990/OtherExpensesGrp/TotalAmt31032
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0138802
IRS990/OtherSalariesAndWagesGrp/TotalAmt0138802
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt016376
IRS990/PayrollTaxesGrp/TotalAmt016376
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Loren Jackson
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Education
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0295365
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0295365
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0105400
IRS990/PYProgramServiceRevenueAmt0203742
IRS990/PYRevenuesLessExpensesAmt0-14772
IRS990/PYSalariesCompEmpBnftPaidAmt0113114
IRS990/PYTotalExpensesAmt0218514
IRS990/PYTotalRevenueAmt0203742
IRS990/ReconcilationRevenueExpnssAmt011709
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt010170
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03203
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt013373
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010170
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Victory Rock dba The Bridge
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Controlled Group
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt012500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Payments received by Edison for Victory Rock
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Loren Jackson and Paula Jackson are a married couple. Loren C Jackson and Ai-Ja Jackson are their children.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 was reviewed by members of the Board before it was submitted to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All members of the Board must sign a conflict of interest policy annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Members of the Board and top management are not compensated.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Form 990 is available upon written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Documents are available upon written request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0462830205
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0S Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Sports Training
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Victory Rock Prep Inc
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt04156 53rd Ave West Apt 1108
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Bradenton
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd034208
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Sarasota Wave Youth Sports Foundati
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0113796686
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501c3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Sports Training
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03547 53RD AVE W
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Bradenton
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd034210
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt012500
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Cash value
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Victory Rock Prep
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0r
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0true
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013225
IRS990/TotalAssetsEOYAmt030880
IRS990/TotalAssetsGrp/BOYAmt013225
IRS990/TotalAssetsGrp/EOYAmt030880
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034161
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0249495
IRS990/TotalFunctionalExpensesGrp/TotalAmt0283656
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt05946
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt05946
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt013225
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt024934
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0249495
IRS990/TotalProgramServiceRevenueAmt0295365
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0295365
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0295365
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013225
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt030880
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0true
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt013225
IRS990/UnrestrictedNetAssetsGrp/EOYAmt024934
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.edisonacademicschool.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Chad Saunders
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09417022465
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Edison Academics Inc
ReturnHeader/Filer/BusinessNameControlTxt0EDIS
ReturnHeader/Filer/EIN0270612152
ReturnHeader/Filer/USAddress/AddressLine1Txt07710 Cortez Rd W
ReturnHeader/Filer/USAddress/CityNm0Bradenton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034210
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0804617C25AAA8027E85EE2BC625C5228E2672C84
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0804617C25AAA8027E85EE2BC625C5228E2672C84
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId05001952018021kz4nyws
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-01-21
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0174.58.6.45
ReturnHeader/FilingSecurityInformation/IPDt02018-01-21
ReturnHeader/FilingSecurityInformation/IPTm019:22:21
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260236956
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Linda Patterson CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02831 Ringling Blvd 116D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Sarasota
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034237
ReturnHeader/PreparerPersonGrp/PhoneNum09419241120
ReturnHeader/PreparerPersonGrp/PreparationDt02018-01-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Linda Patterson
ReturnHeader/ReturnTs02018-01-21T19:21:11-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-08-01
ReturnHeader/TaxPeriodEndDt02017-07-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,880
Liabilities
$5,946
Net assets
$24,934
Revenue
$295,365
Expenses
$283,656
Net income
$11,709
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.17$0.07$0.10$2.59$2.88$0.29
2020Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$2.36$2.38$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$2.78$2.42$0.36
2017Detailed filing. Detailed filing data is available for this year.$0.31$0.06$0.25$2.95$2.84$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$2.04$2.19$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$2.38$2.23$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$3.39$3.39$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.00$0.13$3.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.00$0.90$4.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.00$0.73$6.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$4.06