Civic Intelligence

Apex Community Advancement Inc

990 • Fiscal year 2017 • EIN 27-1000824

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

2039 Toledano StNew Orleans, LA 70115

(504) 358-2739

Siviq Scores

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

Liabilities / Assets

90th percentile

0.51x

Higher debt load relative to assets than 90% of similar nonprofits.

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

Liabilities / Revenue

74th percentile

0.04x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

32nd percentile

-3.6%

Higher net margin than 32% of similar nonprofits.

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

Top Officer Pay

86th percentile

$27,586

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

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

Asset Growth

20th percentile

-21%

Faster asset growth than 20% of similar nonprofits.

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

Revenue Growth

90th percentile

73%

Faster revenue growth than 90% of similar nonprofits.

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

Assets

Down

$27,880

Down $7,604 (-21%) from 2016

Net Assets

Down

$13,657

Down $13,542 (-50%) from 2016

Liabilities

Up

$14,223

Up $5,938 (+72%) from 2016

Revenue

Up

$375,985

Up $158,211 (+73%) from 2016

Expenses

Up

$389,527

Up $186,569 (+92%) from 2016

Net Income

Down

-$13,542

Down $28,358 (-191%) from 2016

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0-$10KAssets 2013: $15,323Liabilities 2013: $18,035Net Assets 2013: -$2,7122013Assets 2015: $21,364Liabilities 2015: $8,981Net Assets 2015: $12,3832015Assets 2016: $35,484Liabilities 2016: $8,285Net Assets 2016: $27,1992016Assets 2017: $27,880Liabilities 2017: $14,223Net Assets 2017: $13,6572017Assets 2018: $36,210Liabilities 2018: $10,177Net Assets 2018: $26,0332018Assets 2019: $2,122Liabilities 2019: $4,702Net Assets 2019: -$2,5802019Assets 2020: $1,668Liabilities 2020: $3,902Net Assets 2020: -$2,2342020

Highlighted filing

2017

Assets$27,880
Liabilities$14,223
Net Assets$13,657

Operations Trend

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

$400K$200K$0-$200KRevenue 2013: $222,117Expenses 2013: $237,319Net Income 2013: -$15,2022013Revenue 2015: $171,814Expenses 2015: $229,897Net Income 2015: -$58,0832015Revenue 2016: $217,774Expenses 2016: $202,958Net Income 2016: $14,8162016Revenue 2017: $375,985Expenses 2017: $389,527Net Income 2017: -$13,5422017Revenue 2018: $184,870Expenses 2018: $172,494Net Income 2018: $12,3762018Revenue 2019: $38,979Expenses 2019: $68,154Net Income 2019: -$29,1752019Revenue 2020: $1,932Expenses 2020: $1,587Net Income 2020: $3452020

Highlighted filing

2017

Revenue$375,985
Expenses$389,527
Net Income-$13,542
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.0
Gross Receipts
$375,985
Mission and Program Overview

Mission

APEX was formed for the expressed purpose of supporting, innovating and creating programs and services focusing on the needs of young people from age 5 through 25 and their families in our communities. APEX provides a drop-in community center, programming, job readiness, and support for youth ages 5-25 and their families.

APEX provides a drop-in community center, programming and support for youth ages 5-25 and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,874$25,167▲ $14,293
Loans From Officers Directors$3,998$6,193▲ $2,195
Cash and Non-Interest-Bearing Accounts$23,610$1,183▼ $22,427
Prepaid Expenses and Deferred Charges$1,000$1,000→ $0
Accounts Receivable$0$530▲ $530
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Total Assets$35,484$27,880▼ $7,604
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$4,287$6,230▲ $1,943
Other Liabilities-$1,800-
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$8,285$14,223▲ $5,938
Net Assets / Fund Balance
Unrestricted Net Assets$27,199$13,657▼ $13,542
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$27,199$13,657▼ $13,542
Total Liabilities and Net Assets / Fund Balance$35,484$27,880▼ $7,604

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$20,742$0$0
Leasehold Improvements$4,425$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lisa FitzpatrickExecutive Director Secretary Ex-officio Board MemberPT$27,586$27,586

Board Members and Trustees

NameTitle
Edward ReadyBoard Chair, President, Treasurer
Thomas HuntsingerBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$371,306
Program Service Revenue
$3,700
Investment Income
$979
Other Revenue
$0
All Other Contributions
$360,970
Change in Net Assets
$-13,542

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory1$156,000Per receipt and bill of lading
Other Non Cash Contri Table1$400Fair Market Value
Total Noncash Contributions2$156,400-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$323,417
Salaries, Compensation, and Employee Benefits$66,110
Total Fundraising Expense$5,643
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$74,555$1,650$0$76,205
Other Salaries and Wages$29,469$0$0$29,469
Current Officers, Directors, Trustees, and Key Employees$25,000$2,586$0$27,586
Insurance$8,733$970$0$9,703
Conferences and Meetings$8,888$744$0$9,632
Information Technology$528$2,885$3,326$6,739
Travel$2,983$2,066$0$5,049
Payroll Taxes$4,367$485$0$4,852
Office Expenses$82$2,488$1,542$4,112
All Other Expenses$3,120$0$0$3,120
Other Employee Benefits$2,098$233$0$2,331
Other Expenses$2,243$0$0$2,243
Comp Disqual Persons$0$1,872$0$1,872
Fees for Services Accounting$0$971$0$971
Advertising$0$0$775$775
Total Functional Expenses$366,934$16,950$5,643$389,527
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$3,998$6,193▲ $2,195
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits Received$1,500
Payroll deductions not forwarded to date$300
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Presented in regularly scheduled board meeting and pdf file emailed to all board members. Also available at our location for review.

Form 990, Part VI, Section B, Line 12C

Our conflict of interest rules are regularly reviewed during Board Meetings and Board Members are reminded to disclose any and all conflicts, should they arise.

Form 990, Part VI, Section B, Line 15

The Executive Director /CEO position salary was determined to be significantly less than similar positions in our area after studying internet and local data. Lisa Fitzpatrick, Executive Director, voluntarily agreed to a lesser compensation to support the organization.

Form 990, Part VI, Section C, Line 19

All meeting minutes, governing documents, conflict of interest policy and statements, other policy documents, financial statements, form 1023, form 990ez and form 990 from this and previous years, are all available upon request from the public and open to inspection during business hours at our location. Our form 990 and 990ez is also available on guidestar.org.

Filing and Contact Details

Filer

Filer Name
APEX Community Advancement Inc
EIN
27-1000824
Phone
5043582739
Address
2039 Toledano St, New Orleans, LA 70115
Doing Business As
APEX Youth Center

Signing Officer

Name
Lisa Fitzpatrick
Title
President
Phone
5043582739
Signed
2018-11-12

Organization Details

Principal Officer
Lisa Fitzpatrick
Formed
2009
Legal Domicile
La
Voting Board Members
3
Independent Board Members
2
Employees
5
Volunteers
725
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

APEX became the fiscal intermediary for APEX Ministries United Methodist Church for the last 6 months of 2017. This church was formed by the young people of APEX and finances were monitored and passed through APEX Community Advancement until the church was chartered and banking accounts and officers were established. This was chiefly pass through funding from the Louisiana Annual Conference of the United Methodist Church.

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IRS990/MissionDesc0APEX was formed for the expressed purpose of supporting, innovating and creating programs and services focusing on the needs of young people from age 5 through 25 and their families in our communities. APEX provides a drop-in community center, programming, job readiness, and support for youth ages 5-25 and their families.
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt02331
IRS990/OtherExpensesGrp/Desc0Community Meals and Events
IRS990/OtherExpensesGrp/Desc1Worship and Ministry Project Expenses
IRS990/OtherExpensesGrp/Desc2Youth Center Program Supplies
IRS990/OtherExpensesGrp/Desc3Youth Meals and Snacks
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0161457
IRS990/OtherExpensesGrp/ProgramServicesAmt138367
IRS990/OtherExpensesGrp/ProgramServicesAmt25044
IRS990/OtherExpensesGrp/ProgramServicesAmt32243
IRS990/OtherExpensesGrp/TotalAmt0161457
IRS990/OtherExpensesGrp/TotalAmt138367
IRS990/OtherExpensesGrp/TotalAmt25044
IRS990/OtherExpensesGrp/TotalAmt32243
IRS990/OtherLiabilitiesGrp/EOYAmt01800
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt029469
IRS990/OtherSalariesAndWagesGrp/TotalAmt029469
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0485
IRS990/PayrollTaxesGrp/ProgramServicesAmt04367
IRS990/PayrollTaxesGrp/TotalAmt04852
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01000
IRS990/PrincipalOfficerNm0Lisa Fitzpatrick
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Brothers Empowered To Teach Program Co-teaching Fee to support tutoring and teacher training
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03700
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0Community Events - In order to fully support the families and the community surrounding APEX, in 2013 we began to provide food distributions through partnerships and in-kind donations, as well as community meals and other community events.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0162426
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0APEX became the fiscal intermediary for APEX Ministries United Methodist Church for the last 6 months of 2017. This church was formed by the young people of APEX and finances were monitored, paid, and passed through APEX Community Advancement until the church was chartered and banking accounts and officers were established. This was chiefly pass through funding from the Louisiana Annual Conference of the United Methodist Church. Net revenue reflects income to APEX for joint ministry projects passed to programming. APEX CA accounted for all revenues and expenditures in this 990 and it is not considered an endowment or grant, but a project of APEX Community Advancement, Inc.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt054550
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt072525
IRS990/ProgSrvcAccomActyOtherGrp/Desc0In addition, APEX took 3 youth and a chaperone for community development training, using net revenue from the APEX funds per the conditions of the grant.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt04604
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0216241
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01233
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0165155
IRS990/PYOtherRevenueAmt0300
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt014816
IRS990/PYSalariesCompEmpBnftPaidAmt037803
IRS990/PYTotalExpensesAmt0202958
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0217774
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-13542
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03700
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0371305
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0216241
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0171316
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0203366
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt088581
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01050809
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0979
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01233
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0498
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02716
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03700
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00

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