Civic Intelligence

Gloria Deo Academy

990 • Fiscal year 2014 • EIN 45-3990283

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 12, 2015

20540 Hwy 46 WSuite 115-17178070

(210) 667-7422

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

63rd percentile

8.5%

Higher net margin than 63% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

52nd percentile

$18,753

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

85th percentile

32%

Faster asset growth than 85% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

90th percentile

70%

Faster revenue growth than 90% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$164,338

Up $40,143 (+32%) from 2013

Net Assets

Up

$164,338

Up $40,143 (+32%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$530,471

Up $218,566 (+70%) from 2013

Expenses

Up

$485,604

Up $261,624 (+117%) from 2013

Net Income

Down

$44,867

Down $43,058 (-49%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $124,195Liabilities 2013: $0Net Assets 2013: $124,1952013Assets 2014: $164,338Liabilities 2014: $0Net Assets 2014: $164,3382014Assets 2015: $173,022Liabilities 2015: $0Net Assets 2015: $173,0222015Assets 2016: $272,697Liabilities 2016: $5,870Net Assets 2016: $266,8272016Assets 2017: $623,481Liabilities 2017: $272,756Net Assets 2017: $350,7252017Assets 2018: $800,547Liabilities 2018: $481,836Net Assets 2018: $318,7112018Assets 2019: $808,226Liabilities 2019: $453,543Net Assets 2019: $354,6832019Assets 2020: $1,299,458Liabilities 2020: $925,346Net Assets 2020: $374,1122020Assets 2021: $1,317,804Liabilities 2021: $953,454Net Assets 2021: $364,3502021Assets 2022: $2,088,801Liabilities 2022: $739,651Net Assets 2022: $1,349,1502022Assets 2023: $2,222,285Liabilities 2023: $704,022Net Assets 2023: $1,518,2632023Assets 2024: $2,342,659Liabilities 2024: $786,638Net Assets 2024: $1,556,0212024Assets 2025: $3,465,653Liabilities 2025: $720,179Net Assets 2025: $2,745,4742025

Highlighted filing

2014

Assets$164,338
Liabilities$0
Net Assets$164,338

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $311,905Expenses 2013: $223,980Net Income 2013: $87,9252013Revenue 2014: $530,471Expenses 2014: $485,604Net Income 2014: $44,8672014Revenue 2015: $575,000Expenses 2015: $566,598Net Income 2015: $8,4022015Revenue 2016: $835,269Expenses 2016: $741,464Net Income 2016: $93,8052016Revenue 2017: $1,056,260Expenses 2017: $972,362Net Income 2017: $83,8982017Revenue 2018: $1,027,959Expenses 2018: $920,774Net Income 2018: $107,1852018Revenue 2019: $1,000,065Expenses 2019: $964,093Net Income 2019: $35,9722019Revenue 2020: $1,059,224Expenses 2020: $1,039,795Net Income 2020: $19,4292020Revenue 2021: $1,220,317Expenses 2021: $1,222,229Net Income 2021: -$1,9122021Revenue 2022: $2,229,046Expenses 2022: $1,241,135Net Income 2022: $987,9112022Revenue 2023: $1,504,211Expenses 2023: $1,425,662Net Income 2023: $78,5492023Revenue 2024: $1,665,071Expenses 2024: $1,628,938Net Income 2024: $36,1332024Revenue 2025: $3,055,638Expenses 2025: $1,866,185Net Income 2025: $1,189,4532025

Highlighted filing

2014

Revenue$530,471
Expenses$485,604
Net Income$44,867
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 12, 2015
Return Version
2013v4.0
Gross Receipts
$530,471
Mission and Program Overview

Mission

Gloria deo academy exists to provide a biblical, classical education equipping the whole student - heart, mind, and strength - for the glory of god. Our vision: god has created every person for a great purpose. In order for each student to reach this calling, gloria deo academy encourages a collaborative effort between the family and the school. This creates a community that cultivates learning and discipleship. At gloria deo academy, we strive to integrate faith with education to develop the child's heart, mind, and strength.

Gloria deo academy exists to provide a biblical, classical education equipping the whole student - heart, mind, and strength - for the glory of god.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$124,195$164,338▲ $40,143
Land, Buildings, and Equipment, Net$16,292$107,077▲ $90,785
Cash and Non-Interest-Bearing Accounts$56,456$41,526▼ $14,930
Savings and Temporary Cash Investments$51,447$15,735▼ $35,712
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
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$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$124,195$164,338▲ $40,143
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$124,195$164,338▲ $40,143
Total Liabilities and Net Assets / Fund Balance$124,195$164,338▲ $40,143

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$94,059$2,805$96,864
Other Land Buildings$7,219$1,804$9,023
Equipment$5,799$1,495$7,294
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth PorierDirector/teacherPT$18,753$18,753
Jamie KingHead of SchoolPT$18,655$18,655

Board Members and Trustees

NameTitle
Joe McdanielPresident
Allen TahaDirector
Don KingDirector
Jonathan PorierDirector
Paula McdanielDirector
Tracy TahaDirector
Esther GeorgeSecretary
Lance KentTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$100,970
Program Service Revenue
$428,901
Investment Income
$20
Other Revenue
$580
All Other Contributions
$100,970
Change in Net Assets
$44,867
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$299,946
Other Expenses$185,658
Total Fundraising Expense$13,111
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$204,550$16,721$5,573$226,844
Occupancy$28,121$23,681-$51,802
Fees for Services Other$41,666$3,274-$44,940
Current Officers, Directors, Trustees, and Key Employees$20,117$15,375$5,125$40,617
Payroll Taxes$27,288$3,898$1,299$32,485
Office Expenses$4,001$12,182-$16,183
All Other Expenses$8,473$2,560$-400$10,633
Fees for Services Accounting-$8,270-$8,270
Other Expenses$7,750$1,534-$7,750
Depreciation Depletion-$5,759-$5,759
Insurance-$4,434-$4,434
Advertising-$161$1,514$1,675
Information Technology$478$621-$1,099
Conferences and Meetings$847--$847
Travel-$132-$132
Total Functional Expenses$373,871$98,622$13,111$485,604
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

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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Part VI, Section A, Line 2

Don king (director) and jamie king (head of school) have a family relationship. Jonathan porier (director) and elizabeth porier (director/teacher) have a family relationship. Allen taha (director) and tracy taha (director) have a family relationship. Joe mcdaniel (president) and paula mcdaniel (director) have a family relationship.

Form 990, Part VI, Section B, Line 11

The treasurer and head of school review the form 990 prior to filing with the irs. The return is then distributed to the board of directors.

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

All board members are required to sign an annual conflict of interest certificate disclosing any actual or possible conflicts. In the case of a potential conflict, the remaining board members will discuss and vote upon whether a conflict exists. If a conflict does exist, all efforts will be used to find an alternative through an appointed disinterested person or committee. If one cannot be found, the remaining board members will vote on whether to enter into an agreement or not. If a board member fails to disclose a potential conflict, they will be given the opportunity to explain why. If the board does determine that the member failed to disclose the conflict, appropriate disciplinary corrective actions will be taken.

Form 990, Part VI, Section B, Line 15

A compensation review occurs annually. The last compensation review was performed in september of 2014.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, financial statements, form 1023, and form 990 are available upon request.

Filing and Contact Details

Filer

EIN
45-3990283
In Care Of
% TERESA MOORE
Phone
2106677422

Signing Officer

Name
Jamie King
Title
Head of School
Phone
8307085463
Signed
2015-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jamie King
Formed
2011
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
8
Employees
23
Volunteers
30

Preparer

Preparer
Joy Reiner
Phone
8307085463
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Our faculty memebers are firmly rooted in the christian faith and provide discipleship alongside academics. Gloria deo academy provides core academic classes on tuesdays and thursdays and offers elective courses on fridays. High school sutdents are required to attend tuesday, thursday, and friday classes in order to complete diploma requirements. For the rest of the week, students benefit from one-on-one reinforcement at home. This collaboration between school and parent fosters relationships and encourages academic excellence. This university-style schedule will allow for more time at home while still allowing knowledgeable teachers in each subject to provide an amazing education to our students.

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IRS990/MissionDesc0GLORIA DEO ACADEMY EXISTS TO PROVIDE A BIBLICAL, CLASSICAL EDUCATION, EQUIPPING THE WHOLE STUDENT - HEART, MIND, AND STRENGTH - FOR THE GLORY OF GOD.
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IRS990/OfficeExpensesGrp/ProgramServicesAmt04001
IRS990/OfficeExpensesGrp/TotalAmt016183
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IRS990/OtherExpensesGrp/Desc2TEACHER TRAINING
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11534
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IRS990/PrincipalOfficerNm0JAMIE KING
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IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
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IRS990/ProgramServiceRevenueGrp/Desc2APPLICATION AND ENROLLMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc3UNIFORM INCOME
IRS990/ProgramServiceRevenueGrp/Desc4OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0357809
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IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYRevenuesLessExpensesAmt087925
IRS990/PYSalariesCompEmpBnftPaidAmt0157456
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
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IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0GLORIA DEO ACADEMY ADMITS STUDENTS OF ANY RACE, COLOR, AND NATIONAL OR ETHNIC ORIGIN TO ALL OF THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT OUR SCHOOL AND DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, AND NATIONAL OR ETHNIC ORIGIN IN ADMINISTRATION OF OUR EDUCATIONAL POLICIES, ADMISSIONS POLICIES, AND OTHER SCHOOL ADMINISTERED PROGRAMS. PURSUANT TO APPLICABLE FEDERAL AND STATE LAWS, GLORIA DEO ACADEMY MAY DISCRIMINATE ON THE BASIS OF RELIGION WITH RESPECT TO STUDENTS WHO, IN THE DETERMINATION OF THE SCHOOL, POSSESS AND EXEMPLIFY A RELIGION OR RELIGIOUS BELIEF PHILOSOPHY THAT IS A HARMFUL DEVIATION IN THE BELIEF SYSTEM OF AND DETRIMENTAL TO THE INTERESTS OF GLORIA DEO ACADEMY. WE ALSO RESERVE THE RIGHT NOT TO CONTINUE ENROLLMENT OR NOT TO RE-ENROLL A STUDENT IF GLORIA DEO ACADEMY ADMINISTRATION REASONABLY CONCLUDES THAT THE ACTIONS OF A PARENT/GUARDIAN MAKE SUCH A POSITIVE AND CONSTRUCTIVE RELATIONSHIP IMPOSSIBLE OR OTHERWISE SERIOUSLY INTERFERES WITH GLORIA DEO'S MISSIONS. THE SCHOOL'S RACIALLY NON-DISCRIMINATORY POLICY WAS ALSO INCLUDED IN THEIR NEWSPAPER ADVERTISEMENT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true

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