Civic Intelligence

Burns Science and Technology Charter School Inc.

990 • Fiscal year 2017 • EIN 27-4700962

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 03, 2017

160 Ridge RoadOak Hill, FL 32759

(386) 345-1019

Siviq Scores

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

Liabilities / Assets

59th percentile

0.17x

Higher debt load relative to assets than 59% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

37th percentile

0.05x

Higher debt load relative to revenue than 37% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

45th percentile

1.4%

Higher net margin than 45% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

68th percentile

10%

Faster asset growth than 68% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

62nd percentile

11%

Faster revenue growth than 62% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$973,248

Up $89,895 (+10%) from 2016

Net Assets

Up

$812,305

Up $47,617 (+6.2%) from 2016

Liabilities

Up

$160,943

Up $42,278 (+36%) from 2016

Revenue

Up

$3,319,621

Up $322,185 (+11%) from 2016

Expenses

Up

$3,272,004

Up $339,364 (+12%) from 2016

Net Income

Down

$47,617

Down $17,179 (-27%) from 2016

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$0Assets 2012: $494,468Liabilities 2012: $176,659Net Assets 2012: $317,8092012Assets 2013: $732,058Liabilities 2013: $320,352Net Assets 2013: $411,7062013Assets 2014: $734,513Liabilities 2014: $181,341Net Assets 2014: $553,1722014Assets 2015: $822,882Liabilities 2015: $122,990Net Assets 2015: $699,8922015Assets 2016: $883,353Liabilities 2016: $118,665Net Assets 2016: $764,6882016Assets 2017: $973,248Liabilities 2017: $160,943Net Assets 2017: $812,3052017Assets 2018: $1,271,418Liabilities 2018: $206,564Net Assets 2018: $1,064,8542018Assets 2019: $1,392,694Liabilities 2019: $194,209Net Assets 2019: $1,198,4852019Assets 2020: $1,884,934Liabilities 2020: $285,794Net Assets 2020: $1,599,1402020Assets 2021: $2,695,731Liabilities 2021: $252,707Net Assets 2021: $2,443,0242021Assets 2022: $6,999,375Liabilities 2022: $4,285,907Net Assets 2022: $2,713,4682022

Highlighted filing

2017

Assets$973,248
Liabilities$160,943
Net Assets$812,305

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2012: $1,584,0182012Expenses 2013: $2,165,9452013Revenue 2014: $2,357,800Expenses 2014: $2,216,334Net Income 2014: $141,4662014Revenue 2015: $2,651,237Expenses 2015: $2,504,517Net Income 2015: $146,7202015Revenue 2016: $2,997,436Expenses 2016: $2,932,640Net Income 2016: $64,7962016Revenue 2017: $3,319,621Expenses 2017: $3,272,004Net Income 2017: $47,6172017Revenue 2018: $3,793,146Expenses 2018: $3,540,597Net Income 2018: $252,5492018Revenue 2019: $3,876,669Expenses 2019: $3,743,038Net Income 2019: $133,6312019Revenue 2020: $5,161,919Expenses 2020: $4,761,264Net Income 2020: $400,6552020Revenue 2021: $5,833,542Expenses 2021: $4,989,658Net Income 2021: $843,8842021Revenue 2022: $6,058,912Expenses 2022: $5,788,468Net Income 2022: $270,4442022

Highlighted filing

2017

Revenue$3,319,621
Expenses$3,272,004
Net Income$47,617
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 3, 2017
Return Version
2016v3.0
Gross Receipts
$3,325,511
Mission and Program Overview

Mission

To provide challenging educational experiences through a rich and

To provide challenging educational experiences through a rich and well balanced curriculum,emphasizing science in a technologically saturated environment. Our philosophy is straight forward and profound in order for students to understand,we offer a project based, active learning environment that links to real life. We foster critical thinking, independent problem solving, strong communication skills, and ambitious goal setting that encourages students to learn.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$587,195$616,369▲ $29,174
Pd in Cap Srpls Land Bldg Eqp Fund-$550,181-
Cash and Non-Interest-Bearing Accounts$261,511$288,049▲ $26,538
Rtn Earn Endowment Incm Other Fnds$764,688$262,124▼ $502,564
Pledges and Grants Receivable$5,834$36,355▲ $30,521
Prepaid Expenses and Deferred Charges$28,813$32,475▲ $3,662
Total Assets$883,353$973,248▲ $89,895
Liabilities
Accounts Payable and Accrued Expenses$91,943$94,755▲ $2,812
Unsecured Notes Loans Payable$26,722$66,188▲ $39,466
Total Liabilities$118,665$160,943▲ $42,278
Net Assets / Fund Balance
Total Net Assets Fund Balance$764,688$812,305▲ $47,617
Total Liabilities and Net Assets / Fund Balance$883,353$973,248▲ $89,895

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$103,748$64,012-
Equipment$31,803$214,313-
Leasehold Improvements$480,818$229,646-
Compensation and Service Providers

Highest Paid Contractors

ContractorServicesLocationCompensation
Florida Health Care PlansGroup Health InsurancePO BOX 9910, Daytona Beach, FL 32120$124,823
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,923,238
Investment Income
$0
Other Revenue
$396,383
Change in Net Assets
$47,617
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,272,004
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$977,427$0$0$977,427
Other Expenses$142,422$166,201$0$308,623
Depreciation Depletion$103,391$0$0$103,391
Interest$6,892$0$0$6,892
Total Functional Expenses$3,021,518$250,486$0$3,272,004
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$21,000
Fundraising Direct Expenses$5,890
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$21,000$21,000$5,890$15,110
Total Events$21,000$21,000$5,890$15,110
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
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
Yes
Filing and Contact Details

Filer

Filer Name
Burns Science and Technology Charter School Inc
EIN
27-4700962
Phone
3863451019
Address
160 RIDGE ROAD, OAK HILL, FL 32759

Signing Officer

Name
Mr Stephen Cousins
Title
Chairman
Phone
3863451019
Signed
2017-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mr Stephen Cousins
Formed
2010
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
80
Volunteers
100

Preparer

Firm
Robert Walker CPA PA
Address
2803 W Busch Blvd Ste 106, Tampa, FL 33618
Preparer
Robert Walker CPA
Phone
8136248643
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Form 990 will be reviewed by the finance committee and then the governing body.

Pt VI, Line 12C

The organization manages potential conflicts of interest by the board through the meetings.

Pt VI, Line 15A

There is a yearly review and evaluation for the director. A contract is completed annually and the board approves the evaluation and contract.

Pt VI, Line 3

YES

Form 990, Part IX, Line 24E

Facilities 110384. 110384. 0. 0.

Form 990, Part IX, Line 24E

Fiscal services 60000. 60000. 0. 0.

Form 990, Part IX, Line 24E

Food services 188046. 188046. 0. 0.

Form 990, Part IX, Line 24E

Central services 21211. 21211. 0. 0.

Form 990, Part IX, Line 24E

Operation of plant 232198. 232198. 0. 0.

Form 990, Part IX, Line 24E

Maintenance of plant 64089. 64089. 0. 0.

Form 990, Part IX, Line 24E

Community services 205060. 205060. 0. 0.

Form 990, Part IX, Line 24E

Pupil transportation 96439. 96439. 0. 0.

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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/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
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL SOLICITATION MATERIALS CONTAIN THE REQUIRED LANGUAGE NA
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES GRANT THROUGH THE FL DEPT OF EDUCATION
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt05890
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt021000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt021000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt021000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt021000
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt015110
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05890
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05890
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WILL BE REVIEWED BY THE FINANCE COMMITTEE AND THEN THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MANAGES POTENTIAL CONFLICTS OF INTEREST BY THE BOARD THROUGH THE MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE IS A YEARLY REVIEW AND EVALUATION FOR THE DIRECTOR. A CONTRACT IS COMPLETED ANNUALLY AND THE BOARD APPROVES THE EVALUATION AND CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FACILITIES 110384. 110384. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FISCAL SERVICES 60000. 60000. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FOOD SERVICES 188046. 188046. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CENTRAL SERVICES 21211. 21211. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OPERATION OF PLANT 232198. 232198. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MAINTENANCE OF PLANT 64089. 64089. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10COMMUNITY SERVICES 205060. 205060. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11PUPIL TRANSPORTATION 96439. 96439. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0883353
IRS990/TotalAssetsEOYAmt0973248
IRS990/TotalAssetsGrp/BOYAmt0883353
IRS990/TotalAssetsGrp/EOYAmt0973248
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt080
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0250486
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03021518
IRS990/TotalFunctionalExpensesGrp/TotalAmt03272004
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0118665
IRS990/TotalLiabilitiesEOYAmt0160943
IRS990/TotalLiabilitiesGrp/BOYAmt0118665
IRS990/TotalLiabilitiesGrp/EOYAmt0160943
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0764688
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0812305
IRS990/TotalProgramServiceExpensesAmt03021518
IRS990/TotalProgramServiceRevenueAmt02923238
IRS990/TotalRevenueGrp/ExclusionAmt015110
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03304511
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03319621
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0883353
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0973248
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt026722
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt066188
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0160 RIDGE ROAD
IRS990/USAddress/CityNm0OAK HILL
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032759
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MR STEPHEN COUSINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03863451019
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BURNS SCIENCE AND TECHNOLOGY CHARTER SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0BURN
ReturnHeader/Filer/EIN0274700962
ReturnHeader/Filer/PhoneNum03863451019
ReturnHeader/Filer/USAddress/AddressLine1Txt0160 RIDGE ROAD
ReturnHeader/Filer/USAddress/CityNm0OAK HILL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032759
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId037D01614BBCBDEC9C1CEABF1223555DD313F2831
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId037D01614BBCBDEC9C1CEABF1223555DD313F2831
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.205.11.235
ReturnHeader/FilingSecurityInformation/IPDt02017-11-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm006:38:02
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Robert Walker CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02803 W Busch Blvd Ste 106
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Tampa
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033618
ReturnHeader/PreparerPersonGrp/PhoneNum08136248643
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT WALKER CPA
ReturnHeader/ReturnTs02017-11-09T06:38:09-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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