Civic Intelligence

Academic Development Institute Inc.

990 • Fiscal year 2020 • EIN 37-1153267

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 29, 2021

121 N Kickapoo StreetLincoln, IL 62656

(217) 732-6468

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.11x

Higher debt load relative to assets than 52% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

32nd percentile

0.05x

Higher debt load relative to revenue than 32% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

58th percentile

9.6%

Higher net margin than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

68th percentile

$97,712

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

76th percentile

26%

Faster asset growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

32nd percentile

-11%

Faster revenue growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$985,563

Up $204,805 (+26%) from 2019

Net Assets

Up

$876,879

Up $221,920 (+34%) from 2019

Liabilities

Down

$108,684

Down $17,115 (-14%) from 2019

Revenue

Down

$2,316,988

Down $279,548 (-11%) from 2019

Expenses

Down

$2,095,068

Down $73,412 (-3.4%) from 2019

Net Income

Down

$221,920

Down $206,136 (-48%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,367,129Liabilities 2010: $653,458Net Assets 2010: $713,6712010Assets 2011: $1,144,875Liabilities 2011: $465,633Net Assets 2011: $679,2422011Assets 2012: $685,537Liabilities 2012: $112,042Net Assets 2012: $573,4952012Assets 2013: $539,979Liabilities 2013: $320,000Net Assets 2013: $219,9792013Assets 2014: $452,756Liabilities 2014: $285,506Net Assets 2014: $167,2502014Assets 2015: $437,832Liabilities 2015: $268,457Net Assets 2015: $169,3752015Assets 2016: $405,978Liabilities 2016: $273,686Net Assets 2016: $132,2922016Assets 2017: $440,959Liabilities 2017: $174,162Net Assets 2017: $266,7972017Assets 2018: $427,662Liabilities 2018: $200,759Net Assets 2018: $226,9032018Assets 2019: $780,758Liabilities 2019: $125,799Net Assets 2019: $654,9592019Assets 2020: $985,563Liabilities 2020: $108,684Net Assets 2020: $876,8792020Assets 2021: $1,416,655Liabilities 2021: $118,960Net Assets 2021: $1,297,6952021Assets 2022: $1,356,042Liabilities 2022: $172,727Net Assets 2022: $1,183,3152022Assets 2023: $1,467,735Liabilities 2023: $349,778Net Assets 2023: $1,117,9572023Assets 2024: $921,236Liabilities 2024: $184,885Net Assets 2024: $736,3512024Assets 2025: $784,505Liabilities 2025: $148,645Net Assets 2025: $635,8602025

Highlighted filing

2020

Assets$985,563
Liabilities$108,684
Net Assets$876,879

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 2010: $3,319,9842010Expenses 2011: $2,763,8162011Expenses 2012: $2,557,7402012Expenses 2013: $2,221,0582013Revenue 2014: $2,755,810Expenses 2014: $2,808,539Net Income 2014: -$52,7292014Revenue 2015: $2,177,278Expenses 2015: $2,175,153Net Income 2015: $2,1252015Revenue 2016: $1,911,638Expenses 2016: $1,948,721Net Income 2016: -$37,0832016Revenue 2017: $2,060,227Expenses 2017: $1,925,722Net Income 2017: $134,5052017Revenue 2018: $2,141,547Expenses 2018: $2,181,441Net Income 2018: -$39,8942018Revenue 2019: $2,596,536Expenses 2019: $2,168,480Net Income 2019: $428,0562019Revenue 2020: $2,316,988Expenses 2020: $2,095,068Net Income 2020: $221,9202020Revenue 2021: $2,640,278Expenses 2021: $2,219,462Net Income 2021: $420,8162021Revenue 2022: $3,006,720Expenses 2022: $3,121,100Net Income 2022: -$114,3802022Revenue 2023: $3,490,956Expenses 2023: $3,556,314Net Income 2023: -$65,3582023Revenue 2024: $2,736,068Expenses 2024: $3,117,674Net Income 2024: -$381,6062024Revenue 2025: $1,568,108Expenses 2025: $1,668,599Net Income 2025: -$100,4912025

Highlighted filing

2020

Revenue$2,316,988
Expenses$2,095,068
Net Income$221,920
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 29, 2021
Return Version
2019v5.0
Gross Receipts
$2,316,988
Mission and Program Overview

Mission

To assist families, schools and communities with the academic and personal development of children and to conduct related research.

To assist families, schools and communities with the academic and personal development of children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$407,220$547,334▲ $140,114
Accounts Receivable$247,656$321,229▲ $73,573
Savings and Temporary Cash Investments$85,212$85,479▲ $267
Land, Buildings, and Equipment, Net$40,670$31,521▼ $9,149
Total Assets$780,758$985,563▲ $204,805
Liabilities
Accounts Payable and Accrued Expenses$72,049$55,517▼ $16,532
Deferred Revenue$53,750$53,167▼ $583
Total Liabilities$125,799$108,684▼ $17,115
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$528,487$830,077▲ $301,590
Net Assets With Donor Restrictions$126,472$46,802▼ $79,670
Total Net Assets Fund Balance$654,959$876,879▲ $221,920
Total Liabilities and Net Assets / Fund Balance$780,758$985,563▲ $204,805

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,751$379,843$398,594
Leasehold Improvements$12,770$51,929$64,699
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Pam SheleyExecutive DiFT$97,712$97,712
Emily SheleySecretaryFT$42,908$42,908
Teresa LukenTreasurerPT$17,470$17,470

Board Members and Trustees

NameTitle
Loverty EricksonChair
Deb PagePresident
Bi VuongVice Chair
Jr HoyerDirector
Ryan BakerDirector
Susan PaikDirector
Todd JohnsonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$300,220
Program Service Revenue
$2,015,387
Investment Income
$267
Other Revenue
$1,114
All Other Contributions
$3,500
Change in Net Assets
$221,920

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,316,988
Total Revenue per Audited Statements
$2,316,988
Total Revenue per Form 990
$2,316,988
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,152,560
Salaries, Compensation, and Employee Benefits$942,508
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$671,235$25,424-$696,659
Fees for Services Other$591,262$81,288-$672,550
Current Officers, Directors, Trustees, and Key Employees$158,090--$158,090
Travel$103,227$6,204-$109,431
Payroll Taxes$66,489$21,270-$87,759
Occupancy$28,755$56,276-$85,031
Office Expenses$13,895$38,323-$52,218
Insurance$30,451--$30,451
All Other Expenses$9,965$19,050-$29,015
Other Expenses$5,125$14,235-$19,360
Fees for Services Accounting-$11,586-$11,586
Depreciation Depletion-$9,189-$9,189
Total Functional Expenses$1,784,477$310,591$0$2,095,068

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,095,068
Total Expenses per Audited Statements$2,095,068
Total Expenses per Form 990$2,095,068
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
Kickapoo EnterprisesLandlordRentNo$54,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
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, Page 6, Part VI, Line 11B

A copy of the form 990 was made available to the board of directors prior to its being filed.

Form 990, Page 6, Part VI, Line 12C

Board members are required to complete and sign a conflict of interest form on an annual basis.

Form 990, Page 6, Part VI, Line 15A

No raises were given in the current year.

Form 990, Page 6, Part VI, Line 15B

No raises were given in the current year

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Academic Development Institute Inc
EIN
37-1153267
Phone
2177326468
Address
121 N KICKAPOO STREET, LINCOLN, IL 62656

Signing Officer

Name
Pam Sheley
Title
Executive Director
Phone
2177326462
Signed
2021-03-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pam Sheley
Formed
1984
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
23

Preparer

Firm
Estes Bridgewater & Ogden
Address
901 S SECOND ST, SPRINGFIELD, IL 62704
Preparer
Valerie R Ausmus
Phone
2175288473
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional 12,530 0 0 consulting 361,126 12,505 0 contract services 217,606 68,783 0 total 591,262 81,288 0

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IRS990/PYTotalRevenueAmt02596536
IRS990/ReconcilationRevenueExpnssAmt0221920
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01911638
IRS990ScheduleA/Total509Grp/TotalAmt011026936
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02316988
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0379843
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0398594
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt012770
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 WAS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO ITS BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST FORM ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO RAISES WERE GIVEN IN THE CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO RAISES WERE GIVEN IN THE CURRENT YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER PROFESSIONAL 12,530 0 0 CONSULTING 361,126 12,505 0 CONTRACT SERVICES 217,606 68,783 0 TOTAL 591,262 81,288 0
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IRS990/TotalEmployeeCnt023
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01784477
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt0108684
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0654959
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0876879
IRS990/TotalProgramServiceExpensesAmt01784477
IRS990/TotalProgramServiceRevenueAmt02015387
IRS990/TotalReportableCompFromOrgAmt0158090
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02016768
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02316988
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0780758
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0985563
IRS990/TravelGrp/ManagementAndGeneralAmt06204
IRS990/TravelGrp/ProgramServicesAmt0103227
IRS990/TravelGrp/TotalAmt0109431
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.78$0.15$0.64$1.57$1.67$0.10
2024Detailed filing. Detailed filing data is available for this year.$0.92$0.18$0.74$2.74$3.12$0.38
2023Detailed filing. Detailed filing data is available for this year.$1.47$0.35$1.12$3.49$3.56$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.36$0.17$1.18$3.01$3.12$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.42$0.12$1.30$2.64$2.22$0.42
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.11$0.88$2.32$2.10$0.22
2019Detailed filing. Detailed filing data is available for this year.$0.78$0.13$0.65$2.60$2.17$0.43
2018Detailed filing. Detailed filing data is available for this year.$0.43$0.20$0.23$2.14$2.18$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.44$0.17$0.27$2.06$1.93$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.41$0.27$0.13$1.91$1.95$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.27$0.17$2.18$2.18$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.29$0.17$2.76$2.81$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.32$0.22$2.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.11$0.57$2.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.47$0.68$2.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$0.65$0.71$3.32