Civic Intelligence

Central Cleveland Drop Back In

990 • Fiscal year 2016 • EIN 27-1967160

Jul 01, 2015 to Jun 30, 2016 • Filed on May 09, 2017

5806 Broadway AvenueCleveland, OH 44127

(330) 515-0572

Siviq Scores

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

Liabilities / Assets

99th percentile

4.50x

Higher debt load relative to assets than 99% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

92nd percentile

1.64x

Higher debt load relative to revenue than 92% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

10th percentile

-31%

Higher net margin than 10% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

50th percentile

$2,025

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

98th percentile

280%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

51st percentile

3.2%

Faster revenue growth than 51% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$267,128

Up $196,881 (+280%) from 2015

Net Assets

Down

-$934,081

Down $229,777 (-33%) from 2015

Liabilities

Up

$1,201,209

Up $426,658 (+55%) from 2015

Revenue

Up

$731,139

Up $22,518 (+3.2%) from 2015

Expenses

Up

$960,916

Up $252,295 (+36%) from 2015

Net Income

Down

-$229,777

Down $229,777 from 2015

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2014: $36,080Liabilities 2014: $36,080Net Assets 2014: $02014Assets 2015: $70,247Liabilities 2015: $774,551Net Assets 2015: -$704,3042015Assets 2016: $267,128Liabilities 2016: $1,201,209Net Assets 2016: -$934,0812016Assets 2017: $353,047Liabilities 2017: $1,232,091Net Assets 2017: -$879,0442017Assets 2018: $863,531Liabilities 2018: $1,260,745Net Assets 2018: -$397,2142018Assets 2019: $1,179,411Liabilities 2019: $1,214,274Net Assets 2019: -$34,8632019Assets 2020: $1,581,323Liabilities 2020: $1,218,093Net Assets 2020: $363,2302020Assets 2021: $2,645,905Liabilities 2021: $1,645,228Net Assets 2021: $1,000,6772021Assets 2022: $5,636,405Liabilities 2022: $4,371,946Net Assets 2022: $1,264,4592022Assets 2023: $5,933,933Liabilities 2023: $4,603,085Net Assets 2023: $1,330,8482023Assets 2024: $6,119,694Liabilities 2024: $4,749,876Net Assets 2024: $1,369,8182024Assets 2025: $6,178,054Liabilities 2025: $4,606,763Net Assets 2025: $1,571,2912025

Highlighted filing

2016

Assets$267,128
Liabilities$1,201,209
Net Assets-$934,081

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $898,889Expenses 2014: $898,889Net Income 2014: $02014Revenue 2015: $708,621Expenses 2015: $708,621Net Income 2015: $02015Revenue 2016: $731,139Expenses 2016: $960,916Net Income 2016: -$229,7772016Revenue 2017: $1,418,799Expenses 2017: $1,363,762Net Income 2017: $55,0372017Revenue 2018: $2,017,802Expenses 2018: $1,416,365Net Income 2018: $601,4372018Revenue 2019: $2,202,374Expenses 2019: $1,840,023Net Income 2019: $362,3512019Revenue 2020: $2,541,196Expenses 2020: $2,143,103Net Income 2020: $398,0932020Revenue 2021: $3,705,808Expenses 2021: $3,068,361Net Income 2021: $637,4472021Revenue 2022: $3,522,514Expenses 2022: $3,258,732Net Income 2022: $263,7822022Revenue 2023: $3,641,934Expenses 2023: $3,575,545Net Income 2023: $66,3892023Revenue 2024: $4,184,709Expenses 2024: $4,145,739Net Income 2024: $38,9702024Revenue 2025: $4,451,210Expenses 2025: $4,249,737Net Income 2025: $201,4732025

Highlighted filing

2016

Revenue$731,139
Expenses$960,916
Net Income-$229,777
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 9, 2017
Return Version
2015v3.0
Gross Receipts
$731,139
Mission and Program Overview

Mission

To maintain and provide a school which provides the 'opportunity for success' to, and motivates and instructs, those students who fail to learn in traditional school settings and have decided to drop out of the school system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$101,476-
Pledges and Grants Receivable-$60,671-
Cash and Non-Interest-Bearing Accounts$27,004$35,311▲ $8,307
Other Notes and Loans Receivable, Net-$20,000-
Accounts Receivable$3,299$7,262▲ $3,963
Total Assets$70,247$267,128▲ $196,881
Other Assets Total$39,944$42,408▲ $2,464
Liabilities
Other Liabilities$742,444$835,001▲ $92,557
Accounts Payable and Accrued Expenses$20,872$293,803▲ $272,931
Unsecured Notes Loans Payable$11,235$72,405▲ $61,170
Total Liabilities$774,551$1,201,209▲ $426,658
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$51,921▲ $51,921
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-704,304$-986,002▼ $281,698
Total Net Assets Fund Balance$-704,304$-934,081▼ $229,777
Total Liabilities and Net Assets / Fund Balance$70,247$267,128▲ $196,881

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$83,859$21,460$0
Land$0-$0
Equipment$17,617$8,808$0
Leasehold Improvements$0$0$0
Other Assets Org$42,408--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Kim ThomasBoard President$2,025$2,025
Mandisa LewisBoard Member$2,025$2,025
Dr Adrienne HattenBoard Member$1,825$1,825
Peter WhittBoard Member$1,825$1,825
Mark SanzottaBoard Member$1,575$1,575

Highest Paid Contractors

ContractorServicesLocationCompensation
Cambridge Education GroupEducation ManagementN Cleveland Massillon Rd, Fairlawn, OH 44334$143,929
Revenue and Support

Revenue Composition

Contributions and Grants
$731,139
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$731,139
Change in Net Assets
$-229,777

Audited Revenue Reconciliation

Revenue per Audited Statements
$731,139
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$731,139
Total Revenue per Form 990
$731,139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$711,400
Salaries, Compensation, and Employee Benefits$249,516
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$212,205--$212,205
Occupancy$198,212--$198,212
Fees for Services Management$113,088--$113,088
Fees for Services Other$87,763--$87,763
Advertising$52,323--$52,323
Fees for Services Accounting$41,348--$41,348
Other Employee Benefits$37,311--$37,311
Depreciation Depletion$30,268--$30,268
Fees for Services Legal-$30,050-$30,050
Office Expenses$24,387--$24,387
Insurance$14,709--$14,709
Other Expenses$12,464$0$0$12,464
All Other Expenses$12,271--$12,271
Interest$3,728--$3,728
Travel$3,606--$3,606
Total Functional Expenses$913,119$47,797$0$960,916

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$960,916
Total Expenses per Audited Statements$960,916
Total Expenses per Form 990$960,916
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$578,713
Deferred Inflows of Resources$158,265
Notes Payable - Cambridge$68,319
Capital Lease$29,704
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The school contracted with a management company, Cambridge Education Group, for certain operational and management functions.

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

The Form 990 is prepared and reviewed by the fiscal officer. After the review of the Form 990, it is provided to the Board of Directors legal counsel for review. Once completed, it is then provided to the Board President for review and signature.

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

The Board of Directors, in conjunction with their legal counsel, consistently review compliance with federal and state regulations. In addition, the school is continuously monitored by its sponsor to ensure compliance with laws and regulations.

Form 990, Part VI, Section C, Line 19

The schools governing documents, conflict of interest policy and financial statements are maintained by its legal counsel and fiscal officer and may be provided upon request.

Filing and Contact Details

Filer

Filer Name
Central Cleveland Drop Back in
EIN
27-1967160
Phone
3305150572
Address
5806 Broadway Avenue, Cleveland, OH 44127
Doing Business As
Regent High School

Signing Officer

Name
Dave Massa
Title
Fiscal Officer
Phone
3305150572
Signed
2017-05-09

Organization Details

Principal Officer
C David Massa
Formed
2010
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0
Raw XML AppendixShowing 400 of 423 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03540356
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0942559
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0942559
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt03540356
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0731139
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0708621
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0898889
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0782312
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0419395
IRS990ScheduleA/Total509Grp/TotalAmt03540356
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0731139
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0708621
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0898889
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01724871
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0419395
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04482915
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt017617
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08808
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt026425
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0960916
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt042408
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows of Resources
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt083859
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021460
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0105319
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0578713
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1158265
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt268319
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt329704
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Inflows of Resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Notes Payable - Cambridge
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Capital Lease
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0731139
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0101476
IRS990ScheduleD/TotalBookValueOtherAssetsAmt042408
IRS990ScheduleD/TotalExpensesPerForm990Amt0960916
IRS990ScheduleD/TotalLiabilityAmt0835001
IRS990ScheduleD/TotalRevenuePerForm990Amt0731139
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0731139
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0960916
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The school contracted with a management company, Cambridge Education Group, for certain operational and management functions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is prepared and reviewed by the fiscal officer. After the review of the Form 990, it is provided to the Board of Directors legal counsel for review. Once completed, it is then provided to the Board President for review and signature.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors, in conjunction with their legal counsel, consistently review compliance with federal and state regulations. In addition, the school is continuously monitored by its sponsor to ensure compliance with laws and regulations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The schools governing documents, conflict of interest policy and financial statements are maintained by its legal counsel and fiscal officer and may be provided upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt070247
IRS990/TotalAssetsEOYAmt0267128
IRS990/TotalAssetsGrp/BOYAmt070247
IRS990/TotalAssetsGrp/EOYAmt0267128
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0731139
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt047797
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0913119
IRS990/TotalFunctionalExpensesGrp/TotalAmt0960916
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0774551
IRS990/TotalLiabilitiesEOYAmt01201209
IRS990/TotalLiabilitiesGrp/BOYAmt0774551
IRS990/TotalLiabilitiesGrp/EOYAmt01201209
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-704304
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-934081
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0913119
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt09275
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0731139
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt070247
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0267128
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt03606
IRS990/TravelGrp/TotalAmt03606
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-704304
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-986002
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt011235
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt072405
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0219 E Maple St Ste 202
IRS990/USAddress/CityNm0North Canton
IRS990/USAddress/StateAbbreviationCd0OH

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