Civic Intelligence

Edison Academics Inc

990 • Fiscal year 2019 • EIN 27-0612152

Aug 01, 2018 to Jul 31, 2019 • Filed on Jun 30, 2020

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

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

67th percentile

13%

Higher net margin than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

80th percentile

$8,324

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

73rd percentile

22%

Faster asset growth than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2019

Revenue Growth

43rd percentile

-3.0%

Faster revenue growth than 43% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$46,165

Up $15,285 (+49%) from 2017

Net Assets

Up

$46,165

Up $21,231 (+85%) from 2017

Liabilities

Down

$0

Down $5,946 (-100%) from 2017

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin67th percentile

Revenue

Down

$277,855

Down $17,510 (-5.9%) from 2017

Expenses

Down

$241,860

Down $41,796 (-15%) from 2017

Net Income

Up

$35,995

Up $24,286 (+207%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth73rd 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

2019

Assets$46,165
Liabilities$0
Net Assets$46,165
Open 2019 Filing

Operations Trend

Revenue Growth43rd 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

2019

Revenue$277,855
Expenses$241,860
Net Income$35,995
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2018 to Jul 31, 2019
Signed
Jun 30, 2020
Return Version
2018v3.1
Gross Receipts
$277,855
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-$33,133-
Land, Buildings, and Equipment, Net$10,170$13,032▲ $2,862
Total Assets$10,170$46,165▲ $35,995
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$10,170$46,165▲ $35,995
Total Net Assets Fund Balance$10,170$46,165▲ $35,995
Total Liabilities and Net Assets / Fund Balance$10,170$46,165▲ $35,995

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,032$5,341$18,373
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Paula JacksonSecretaryFT$8,324$8,324
Loren JacksonPresidentFT$2,733$2,733

Board Members and Trustees

NameTitle
Loren C JacksonPresident
Ai-Ja JacksonDirector
Dave ThompsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$277,855
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$35,995
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$142,015
Salaries, Compensation, and Employee Benefits$99,845
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$65,460--$65,460
Occupancy$53,775--$53,775
Fees for Services Other$44,261--$44,261
Current Officers, Directors, Trustees, and Key Employees-$24,779-$24,779
Other Expenses$18,917--$18,917
Payroll Taxes$6,969$2,637-$9,606
Insurance$2,701--$2,701
Depreciation Depletion$715$1,423-$2,138
Travel$1,710--$1,710
Advertising-$1,236-$1,236
Office Expenses-$1,039-$1,039
Fees for Services Accounting-$800-$800
Total Functional Expenses$209,946$31,914$0$241,860
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-
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
Loren Jackson
Title
President
Phone
9417022465
Signed
2020-06-30
Discuss with paid preparer
No

Organization Details

Principal Officer
Loren Jackson
Formed
2009
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
6

Preparer

Firm
Linda Patterson CPA PA
Address
2831 Ringling Blvd 114D, Sarasota, FL 34237
Preparer
Linda Patterson
Phone
9419241120
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“Contract labor 47,123”

Raw XML Appendix358 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/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/ManagementAndGeneralAmt01236
IRS990/AdvertisingGrp/TotalAmt01236
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Loren Jackson
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/EOYAmt033133
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt024779
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt024779
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0142015
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0277855
IRS990/CYRevenuesLessExpensesAmt035995
IRS990/CYSalariesCompEmpBnftPaidAmt099845
IRS990/CYTotalExpensesAmt0241860
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0277855
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01423
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0715
IRS990/DepreciationDepletionGrp/TotalAmt02138
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/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0209946
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0800
IRS990/FeesForServicesAccountingGrp/TotalAmt0800
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt044261
IRS990/FeesForServicesOtherGrp/TotalAmt044261
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
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/PersonNm0Dave Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm1Paula Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm2Ai-Ja Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm3Loren Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm4Loren C Jackson
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18324
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt32733
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/GrossReceiptsAmt0277855
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt02701
IRS990/InsuranceGrp/TotalAmt02701
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05341
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010170
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013032
IRS990/LandBldgEquipCostOrOtherBssAmt018373
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/NetAssetsOrFundBalancesBOYAmt010170
IRS990/NetAssetsOrFundBalancesEOYAmt046165
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt053775
IRS990/OccupancyGrp/TotalAmt053775
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01039
IRS990/OfficeExpensesGrp/TotalAmt01039
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Eductional Supplies & Exp
IRS990/OtherExpensesGrp/Desc1Leased Equipment
IRS990/OtherExpensesGrp/Desc2Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc3Other School Expenses
IRS990/OtherExpensesGrp/ProgramServicesAmt09164
IRS990/OtherExpensesGrp/ProgramServicesAmt12242
IRS990/OtherExpensesGrp/ProgramServicesAmt24032
IRS990/OtherExpensesGrp/ProgramServicesAmt318917
IRS990/OtherExpensesGrp/TotalAmt09164
IRS990/OtherExpensesGrp/TotalAmt12242
IRS990/OtherExpensesGrp/TotalAmt24032
IRS990/OtherExpensesGrp/TotalAmt318917
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt065460
IRS990/OtherSalariesAndWagesGrp/TotalAmt065460
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02637
IRS990/PayrollTaxesGrp/ProgramServicesAmt06969
IRS990/PayrollTaxesGrp/TotalAmt09606
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Loren Jackson
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Education
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0277855
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0277855
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0109921
IRS990/PYProgramServiceRevenueAmt0295162
IRS990/PYRevenuesLessExpensesAmt031482
IRS990/PYSalariesCompEmpBnftPaidAmt0153759
IRS990/PYTotalExpensesAmt0263680
IRS990/PYTotalRevenueAmt0295162
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt035995
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt013032
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05341
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018373
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013032
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/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/ExplanationTxt6Contract labor 47,123
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
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
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010170
IRS990/TotalAssetsEOYAmt046165
IRS990/TotalAssetsGrp/BOYAmt010170
IRS990/TotalAssetsGrp/EOYAmt046165
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt031914
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0209946
IRS990/TotalFunctionalExpensesGrp/TotalAmt0241860
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010170
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt046165
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0209946
IRS990/TotalProgramServiceRevenueAmt0277855
IRS990/TotalReportableCompFromOrgAmt011057
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0277855
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0277855
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010170
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt046165
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt01710
IRS990/TravelGrp/TotalAmt01710
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt010170
IRS990/UnrestrictedNetAssetsGrp/EOYAmt046165
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.edisonacademicschool.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Loren Jackson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09417022465
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-30
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/AtSubmissionCreationDeviceId0C03A70E44980228B8038ABAF7AA5A0CCFA8DE35C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C03A70E44980228B8038ABAF7AA5A0CCFA8DE35C
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId05001952020183juctd3y
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-07-01
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.55.27.116
ReturnHeader/FilingSecurityInformation/IPDt02020-07-01
ReturnHeader/FilingSecurityInformation/IPTm017:37:32
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Linda Patterson CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02831 Ringling Blvd 114D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Sarasota
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034237
ReturnHeader/PreparerPersonGrp/PhoneNum09419241120
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Linda Patterson
ReturnHeader/ReturnTs02020-07-01T17:35:59-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-08-01
ReturnHeader/TaxPeriodEndDt02019-07-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,165
Liabilities
$0
Net assets
$46,165
Revenue
$277,855
Expenses
$241,860
Net income
$35,995
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