Civic Intelligence

South Side Academy Inc.

990 • Fiscal year 2014 • EIN 27-2472489

Jul 01, 2013 to Jun 30, 2014 • Filed on Mar 29, 2015

1833 Market Street44507

(330) 742-9090

Siviq Scores

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

Liabilities / Assets

38th percentile

0.05x

Higher debt load relative to assets than 38% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

18th percentile

0.01x

Higher debt load relative to revenue than 18% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

37th percentile

-0.7%

Higher net margin than 37% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

35th percentile

$1,000

Higher top officer pay than 35% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

2nd percentile

-39%

Faster asset growth than 2% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$310,846

Down $201,746 (-39%) from 2013

Net Assets

Down

$296,764

Down $16,185 (-5.2%) from 2013

Liabilities

Down

$14,082

Down $185,561 (-93%) from 2013

Revenue

$2,480,819

No earlier filing loaded for comparison.

Expenses

Down

$2,497,004

Down $653,414 (-21%) from 2013

Net Income

-$16,185

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2012: $955,372Liabilities 2012: $667,799Net Assets 2012: $287,5732012Assets 2013: $512,592Liabilities 2013: $199,643Net Assets 2013: $312,9492013Assets 2014: $310,846Liabilities 2014: $14,082Net Assets 2014: $296,7642014Assets 2015: $437,617Liabilities 2015: $2,848,528Net Assets 2015: -$2,410,9112015Assets 2016: $582,265Liabilities 2016: $3,024,578Net Assets 2016: -$2,442,3132016Assets 2017: $826,399Liabilities 2017: $3,207,643Net Assets 2017: -$2,381,2442017Assets 2018: $1,377,903Liabilities 2018: $3,386,310Net Assets 2018: -$2,008,4072018Assets 2019: $1,083,831Liabilities 2019: $2,853,622Net Assets 2019: -$1,769,7912019Assets 2020: $1,013,577Liabilities 2020: $2,657,970Net Assets 2020: -$1,644,3932020Assets 2021: $1,233,299Liabilities 2021: $2,693,181Net Assets 2021: -$1,459,8822021Assets 2022: $1,572,251Liabilities 2022: $2,883,539Net Assets 2022: -$1,311,2882022Assets 2023: $1,825,635Liabilities 2023: $3,112,434Net Assets 2023: -$1,286,7992023Assets 2024: $2,535,985Liabilities 2024: $3,538,691Net Assets 2024: -$1,002,7062024

Highlighted filing

2014

Assets$310,846
Liabilities$14,082
Net Assets$296,764

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $3,933,5042012Expenses 2013: $3,150,4182013Revenue 2014: $2,480,819Expenses 2014: $2,497,004Net Income 2014: -$16,1852014Revenue 2015: $2,018,120Expenses 2015: $2,048,441Net Income 2015: -$30,3212015Revenue 2016: $2,064,836Expenses 2016: $2,096,238Net Income 2016: -$31,4022016Revenue 2017: $2,113,059Expenses 2017: $2,051,990Net Income 2017: $61,0692017Revenue 2018: $1,957,082Expenses 2018: $1,047,095Net Income 2018: $909,9872018Revenue 2019: $1,816,511Expenses 2019: $1,577,895Net Income 2019: $238,6162019Revenue 2020: $2,003,057Expenses 2020: $1,877,659Net Income 2020: $125,3982020Revenue 2021: $2,373,504Expenses 2021: $2,188,993Net Income 2021: $184,5112021Revenue 2022: $2,781,305Expenses 2022: $2,632,711Net Income 2022: $148,5942022Revenue 2023: $2,884,029Expenses 2023: $2,859,540Net Income 2023: $24,4892023Revenue 2024: $3,053,891Expenses 2024: $2,769,798Net Income 2024: $284,0932024

Highlighted filing

2014

Revenue$2,480,819
Expenses$2,497,004
Net Income-$16,185
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Mar 29, 2015
Return Version
2013v4.0
Gross Receipts
$2,480,819
Mission and Program Overview

Mission

To provide an alternative high school opportunity for at-risk and drop-out youth between the ages of 16 and 22. The school provides students a comprehensive education, work training, and employment.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$203,762$229,440▲ $25,678
Land, Buildings, and Equipment, Net$84,448$43,520▼ $40,928
Pledges and Grants Receivable$224,382$37,886▼ $186,496
Total Assets$512,592$310,846▼ $201,746
Liabilities
Grants Payable$198,202$12,756▼ $185,446
Accounts Payable and Accrued Expenses$1,441$1,326▼ $115
Total Liabilities$199,643$14,082▼ $185,561
Net Assets / Fund Balance
Unrestricted Net Assets$312,949$296,764▼ $16,185
Total Net Assets Fund Balance$312,949$296,764▼ $16,185
Total Liabilities and Net Assets / Fund Balance$512,592$310,846▼ $201,746

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$19,521$82,688$102,209
Equipment$23,999$12,603$36,602
Compensation and Service Providers

Employees

NameTitleBaseTotal
William MullanePresident$1,000$1,000
Barbara TaylorBoard Member$1,000$1,000
Rev Lewis Macklin IiBoard Member$1,000$1,000
Rev Kenneth SimonSecretary$875$875

Board Members and Trustees

NameTitle
Jackie StewartBoard Member
Willis Taylor DecreasedBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Bha Southside LLCEducational Managemnet-$2,382,812
Revenue and Support

Revenue Composition

Contributions and Grants
$2,480,819
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,480,819
Change in Net Assets
$-16,185

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,480,819
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,480,819
Total Revenue per Form 990
$2,480,819
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,493,129
Salaries, Compensation, and Employee Benefits$3,875
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$2,382,812--$2,382,812
Depreciation Depletion$40,928--$40,928
Insurance-$7,783-$7,783
Fees for Services Accounting-$6,578-$6,578
Current Officers, Directors, Trustees, and Key Employees-$3,875-$3,875
Fees for Services Legal-$3,576-$3,576
Advertising$309--$309
Other Expenses-$72-$72
Total Functional Expenses$2,424,049$72,955$0$2,497,004

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,497,004
Total Expenses per Audited Statements$2,497,004
Total Expenses per Form 990$2,497,004
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
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 2

Board of director members willis taylor and barbara taylor have a family relationship.

Form 990, Part VI, Section A, Line 3

The school contracts with bha southside, llc. For most of its functions. Bha southside, llc is responsible and accountable to the school's board of directors for the administration and operation of the school. The school is required to pay bha southside, llc a monthly continuing fee of 95 percent of the school's "qualified gross revenues" and is responsible for all costs incurred in providing educational programs at the school. While control over the management duties of the school has been delegated to bha southside, llc by virtue of the management agreement, the governing authority still has the overall responsibility to oversee the accounting procedures.

Form 990, Part VI, Section B, Line 11

A copy of the completed form 990 is sent to the board president and school treasurer to be reviewed and signed before filing.

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

The governing authority reviews the conflict of interest policy annually.

Form 990, Part VI, Section C, Line 19

Upon written or verbal request, documents are made available to the public. However, for the end of the year unaudited financials, a public notice is placed in the local papers stating that the unaudited financials are available for review.

Filing and Contact Details

Filer

EIN
27-2472489
Phone
3307429090

Signing Officer

Name
William Mullane
Title
President
Phone
3307429090
Signed
2015-03-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Mullane
Formed
2010
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Phone
7404325658
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

To provide an alternative high school opportunity for at-risk and drop-out youth between the ages of 16 and 22. The school provides students a comprehensive education, life skills, work training, and employment.

Form 990, Part XI, Line 2 (C)

The organization does have a committee that assumes oversight responsibility of the audit, review of its financial statements, and selection of an independent accountant. This has not changed since the prior year.

Financial Statement Notes

PART X, LINE 2:

This is a governmental enterprise- fin 48 does not apply.

Raw XML Appendix357 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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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0A STATEMENT READING "ALL EDUCATIONAL PROGRAMS ARE AVAILABLE WITHOUT REGARD TO RACE, COLOR, NATIONAL ORIGIN, SEX OR DISABILITY" IS ALWAYS INCLUDED. THIS STATEMENT IS PUBLISHED IN THE PARENT/STUDENT HANDBOOK, BOARD POLICY BOOK AND ON THE WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT PROVIDE SCHOLARSHIPS OR FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL CURRENTLY PARTICIPATES IN THE STATE FOUNDATION PROGRAM AND CASINO TAX DISTRIBUTIONS. REVENUES RECEIVED FROM THIS PROGRAM ARE RECOGNIZED AS OPERATING REVENUES IN THE ACCOUNTING PERIOD IN WHICH ALL ELIGIBILITY REQUIREMENTS HAVE BEEN MET. THE SCHOOL ALSO PARTICIPATES IN THE FEDERAL CHARTER SCHOOL PROGRAM THROUGH THE OHIO DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE AN ALTERNATIVE HIGH SCHOOL OPPORTUNITY FOR AT-RISK AND DROP-OUT YOUTH BETWEEN THE AGES OF 16 AND 22. THE SCHOOL PROVIDES STUDENTS A COMPREHENSIVE EDUCATION, LIFE SKILLS, WORK TRAINING, AND EMPLOYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTOR MEMBERS WILLIS TAYLOR AND BARBARA TAYLOR HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL CONTRACTS WITH BHA SOUTHSIDE, LLC. FOR MOST OF ITS FUNCTIONS. BHA SOUTHSIDE, LLC IS RESPONSIBLE AND ACCOUNTABLE TO THE SCHOOL'S BOARD OF DIRECTORS FOR THE ADMINISTRATION AND OPERATION OF THE SCHOOL. THE SCHOOL IS REQUIRED TO PAY BHA SOUTHSIDE, LLC A MONTHLY CONTINUING FEE OF 95 PERCENT OF THE SCHOOL'S "QUALIFIED GROSS REVENUES" AND IS RESPONSIBLE FOR ALL COSTS INCURRED IN PROVIDING EDUCATIONAL PROGRAMS AT THE SCHOOL. WHILE CONTROL OVER THE MANAGEMENT DUTIES OF THE SCHOOL HAS BEEN DELEGATED TO BHA SOUTHSIDE, LLC BY VIRTUE OF THE MANAGEMENT AGREEMENT, THE GOVERNING AUTHORITY STILL HAS THE OVERALL RESPONSIBILITY TO OVERSEE THE ACCOUNTING PROCEDURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE COMPLETED FORM 990 IS SENT TO THE BOARD PRESIDENT AND SCHOOL TREASURER TO BE REVIEWED AND SIGNED BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING AUTHORITY REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON WRITTEN OR VERBAL REQUEST, DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. HOWEVER, FOR THE END OF THE YEAR UNAUDITED FINANCIALS, A PUBLIC NOTICE IS PLACED IN THE LOCAL PAPERS STATING THAT THE UNAUDITED FINANCIALS ARE AVAILABLE FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION DOES HAVE A COMMITTEE THAT ASSUMES OVERSIGHT RESPONSIBILITY OF THE AUDIT, REVIEW OF ITS FINANCIAL STATEMENTS, AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS HAS NOT CHANGED SINCE THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 2 (C)
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0512592
IRS990/TotalAssetsEOYAmt0310846
IRS990/TotalAssetsGrp/BOYAmt0512592
IRS990/TotalAssetsGrp/EOYAmt0310846
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02480819
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt072955
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02424049
IRS990/TotalFunctionalExpensesGrp/TotalAmt02497004
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0199643
IRS990/TotalLiabilitiesEOYAmt014082
IRS990/TotalLiabilitiesGrp/BOYAmt0199643
IRS990/TotalLiabilitiesGrp/EOYAmt014082
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0312949
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0296764
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02424049
IRS990/TotalReportableCompFromOrgAmt03875
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02480819
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0512592
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0310846
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0312949
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0296764
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101833 MARKET STREET
IRS990/USAddress/City0YOUNGSTOWN
IRS990/USAddress/State0OH
IRS990/USAddress/ZIPCode044507
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.HOPE-ACADEMIES.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM MULLANE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03307429090
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-03-29
ReturnHeader/Filer/BusinessName/BusinessNameLine10SOUTH SIDE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0272472489
ReturnHeader/Filer/PhoneNum03307429090
ReturnHeader/Filer/USAddress/AddressLine101833 MARKET STREET
ReturnHeader/Filer/USAddress/City0YOUNGSTOWN
ReturnHeader/Filer/USAddress/State0OH
ReturnHeader/Filer/USAddress/ZIPCode044507
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341310124
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10REA & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10941 STEUBENVILLE AVE PO BOX 820
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0CAMBRIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0437250820
ReturnHeader/PreparerPersonGrp/PhoneNum07404325658
ReturnHeader/PreparerPersonGrp/PreparationDt02015-03-29
ReturnHeader/ReturnTs02015-03-30T08:52:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$3.54$1.00$3.05$2.77$0.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.83$3.11$1.29$2.88$2.86$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$2.88$1.31$2.78$2.63$0.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$2.69$1.46$2.37$2.19$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$2.66$1.64$2.00$1.88$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$2.85$1.77$1.82$1.58$0.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$3.39$2.01$1.96$1.05$0.91
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$3.21$2.38$2.11$2.05$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$3.02$2.44$2.06$2.10$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.44$2.85$2.41$2.02$2.05$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.01$0.30$2.48$2.50$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.20$0.31$3.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.67$0.29$3.93