Civic Intelligence

All Saints Catholic Academy

990 • Fiscal year 2015 • EIN 37-1532188

Jul 01, 2014 to Jun 30, 2015 • Filed on May 16, 2016

4154 Shearon Farms Ave Ste 100Wake Forest, NC 27587

(919) 236-3370

Siviq Scores

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

Liabilities / Assets

80th percentile

0.54x

Higher debt load relative to assets than 80% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

2.36x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

18th percentile

-13%

Higher net margin than 18% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

41st percentile

$40,000

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 17.2% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

22nd percentile

-5.1%

Faster asset growth than 22% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

59th percentile

7.4%

Faster revenue growth than 59% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,008,993

Down $54,152 (-5.1%) from 2014

Net Assets

Down

$461,193

Down $30,656 (-6.2%) from 2014

Liabilities

Down

$547,800

Down $23,496 (-4.1%) from 2014

Revenue

Up

$232,390

Up $16,017 (+7.4%) from 2014

Expenses

Up

$263,046

Up $18,264 (+7.5%) from 2014

Net Income

Down

-$30,656

Down $2,247 (-7.9%) from 2014

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 2012: $1,139,105Liabilities 2012: $613,962Net Assets 2012: $525,1432012Assets 2013: $1,112,452Liabilities 2013: $592,194Net Assets 2013: $520,2582013Assets 2014: $1,063,145Liabilities 2014: $571,296Net Assets 2014: $491,8492014Assets 2015: $1,008,993Liabilities 2015: $547,800Net Assets 2015: $461,1932015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2015

Assets$1,008,993
Liabilities$547,800
Net Assets$461,193

Operations Trend

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

$400K$200K$0-$200K-$400K-$600KExpenses 2012: $170,1532012Expenses 2013: $201,4252013Revenue 2014: $216,373Expenses 2014: $244,782Net Income 2014: -$28,4092014Revenue 2015: $232,390Expenses 2015: $263,046Net Income 2015: -$30,6562015Revenue 2016: -$403,298Expenses 2016: $57,895Net Income 2016: -$461,1932016

Highlighted filing

2015

Revenue$232,390
Expenses$263,046
Net Income-$30,656
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$233,313
Mission and Program Overview

Mission

To serve god by welcoming families with special needs children, regularly developing children and gifted children, and offering them a classical catholic curriculum that challenges each student at his/her individual maximum. By creating programs tailored to each child, all saints catholic academy enables families to keep their children together in faith and education, thereby upholding family unity, while encouraging the development of their souls, their minds and their bodies.

To serve god by welcoming families with special needs children, regularly developing children and gifted children, and offering them a classical catholic curriculum that challenges each student.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,004,881$975,453▼ $29,428
Cash and Non-Interest-Bearing Accounts$56,539$31,815▼ $24,724
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$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
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,063,145$1,008,993▼ $54,152
Other Assets Total$1,725$1,725→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$566,564$546,591▼ $19,973
Other Liabilities$4,732$1,209▼ $3,523
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$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$571,296$547,800▼ $23,496
Net Assets / Fund Balance
Unrestricted Net Assets$491,849$461,193▼ $30,656
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$491,849$461,193▼ $30,656
Total Liabilities and Net Assets / Fund Balance$1,063,145$1,008,993▼ $54,152

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$967,557$103,162$1,070,719
Other Land Buildings$7,896$10,932$18,828
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Celina ManvilleCurriculum DirectorFT$40,000$40,000
Jo WujcikBoard MemberFT$7,988$7,988

Board Members and Trustees

NameTitle
Susie FarrellBoard Member
Carol SanchezAdministrator
Revenue and Support

Revenue Composition

Contributions and Grants
$80,582
Program Service Revenue
$152,594
Investment Income
$9
Other Revenue
$-795
All Other Contributions
$80,582
Change in Net Assets
$-30,656
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$219,731
Salaries, Compensation, and Employee Benefits$43,315
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$108,703--$108,703
Current Officers, Directors, Trustees, and Key Employees$40,000$0$0$40,000
Fees for Services Other$31,021--$31,021
Depreciation Depletion$29,428--$29,428
Insurance-$10,324-$10,324
All Other Expenses$2,951$3,701-$6,652
Office Expenses-$5,782-$5,782
Payroll Taxes$3,315--$3,315
Information Technology$1,499--$1,499
Other Expenses$556--$556
Advertising$390--$390
Fees for Services Accounting-$81-$81
Total Functional Expenses$243,158$19,888$0$263,046
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$923
Fundraising Gross Income$128
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
Payroll Taxes Payable$1,209
Prepaid Student Fees$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
All Saints Catholic Academy
EIN
37-1532188
In Care Of
% CAROL SANCHEZ
Phone
9192363370
Address
4154 SHEARON FARMS AVE STE 100, WAKE FOREST, NC 27587

Signing Officer

Name
Carol Y Sanchez
Title
Administrator
Phone
9192363370
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carol Sanchez
Formed
2006
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
2
Employees
1
Volunteers
30

Preparer

Firm
Lindsey Lindsey & Mueller
Address
5811 GLENWOOD AVENUE - SUITE 200, RALEIGH, NC 27612
Preparer
Patricia F Mueller
Phone
9197878995
Supplemental Narrative

Additional Explanations

Form 990 Review Process

The organization distributes an electronic copy of the form 990 to board members before filing the completed return with the irs.

Conflict of Interest Monitoring and Enforcement

The organization regularly and consistently monitors and enforces the conflict of interest policy through written and/or oral communications between board members.

Disclosure of Organization Documents

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Form 990 Part IX Line 11G

Description:contract teaching / assistants total fees:31021

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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0152594
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0967557
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0103162
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01070719
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07896
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010932
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018828
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11209
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID STUDENT FEES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0975453
IRS990ScheduleD/TotalLiabilityAmt01209
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The school does not advertise in local newspapers, however it meets the publicity requirement by enrolling a meaningful number of students from racial minority groups. 16.1% of its enrolled student body are from racial minorities while the town it draws from has only a 20.1% population of racial minorities.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCH E., PART I, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DISTRIBUTES AN ELECTRONIC COPY OF THE FORM 990 TO BOARD MEMBERS BEFORE FILING THE COMPLETED RETURN WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY THROUGH WRITTEN AND/OR ORAL COMMUNICATIONS BETWEEN BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION:CONTRACT TEACHING / ASSISTANTS TOTAL FEES:31021
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 REVIEW PROCESS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CONFLICT OF INTEREST MONITORING AND ENFORCEMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2DISCLOSURE OF ORGANIZATION DOCUMENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART IX LINE 11G
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01063145
IRS990/TotalAssetsEOYAmt01008993
IRS990/TotalAssetsGrp/BOYAmt01063145
IRS990/TotalAssetsGrp/EOYAmt01008993
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt080582
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019888
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0243158
IRS990/TotalFunctionalExpensesGrp/TotalAmt0263046
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0571296
IRS990/TotalLiabilitiesEOYAmt0547800
IRS990/TotalLiabilitiesGrp/BOYAmt0571296
IRS990/TotalLiabilitiesGrp/EOYAmt0547800
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0491849
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0461193
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0243158
IRS990/TotalProgramServiceRevenueAmt0152594
IRS990/TotalReportableCompFromOrgAmt047988
IRS990/TotalRevenueGrp/ExclusionAmt0-786
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0152594
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0232390
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01063145
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01008993
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0491849
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0461193
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04154 SHEARON FARMS AVE STE 100
IRS990/USAddress/CityNm0WAKE FOREST
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027587
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.ALLSAINTSACADEMY.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROL Y SANCHEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ADMINISTRATOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09192363370
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALL SAINTS CATHOLIC ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0ALLS

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