Civic Intelligence

Gloria Deo Academy

990 • Fiscal year 2015 • EIN 45-3990283

Jul 01, 2014 to Jun 30, 2015 • Filed on Apr 28, 2016

20540 Hwy 46 W Ste 115-171Spring Branch, TX 78070

(830) 704-5463

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

45th percentile

1.5%

Higher net margin than 45% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

55th percentile

$24,800

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

61st percentile

5.3%

Faster asset growth than 61% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

60th percentile

8.4%

Faster revenue growth than 60% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$173,022

Up $8,684 (+5.3%) from 2014

Net Assets

Up

$173,022

Up $8,684 (+5.3%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$575,000

Up $44,529 (+8.4%) from 2014

Expenses

Up

$566,598

Up $80,994 (+17%) from 2014

Net Income

Down

$8,402

Down $36,465 (-81%) from 2014

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

2015

Assets$173,022
Liabilities$0
Net Assets$173,022

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

2015

Revenue$575,000
Expenses$566,598
Net Income$8,402
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Apr 28, 2016
Return Version
2014v6.0
Gross Receipts
$575,000
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$164,338$173,022▲ $8,684
Land, Buildings, and Equipment, Net$107,077$136,569▲ $29,492
Cash and Non-Interest-Bearing Accounts$41,526$30,710▼ $10,816
Savings and Temporary Cash Investments$15,735$5,743▼ $9,992
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$164,338$173,022▲ $8,684
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$164,338$173,022▲ $8,684
Total Liabilities and Net Assets / Fund Balance$164,338$173,022▲ $8,684

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$124,724$6,407$131,131
Other Land Buildings$6,148$3,748$9,896
Equipment$5,697$3,015$8,712
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jamie KingHead of SchoolPT$24,800$24,800

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
$42,470
Program Service Revenue
$528,321
Investment Income
$4
Other Revenue
$4,205
All Other Contributions
$42,470
Change in Net Assets
$8,402
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$379,708
Other Expenses$186,790
Total Fundraising Expense$15,826
Grants and Similar Amounts Paid$100
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$303,593$23,790$7,929$335,312
Occupancy$24,048$22,416-$46,464
Fees for Services Other$32,428$8,302-$40,730
Current Officers, Directors, Trustees, and Key Employees$0$19,582$6,527$26,109
Office Expenses$4,080$15,953-$20,033
Payroll Taxes$15,361$2,195$731$18,287
Information Technology$6,414$2,523-$8,937
Conferences and Meetings$7,200--$7,200
Depreciation Depletion$5,653$1,413-$7,066
Insurance-$6,912-$6,912
Fees for Services Accounting-$2,520-$2,520
Other Expenses$1,896$8,787-$1,896
Advertising-$685$621$1,306
All Other Expenses$548$122$18$688
Travel$289--$289
Interest-$207-$207
Grants to Domestic Orgs$100--$100
Total Functional Expenses$435,365$115,407$15,826$566,598
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 familial relationship. Allen taha (director) and tracy taha (director) have a familial relationship. Joe mcdaniel (president) and paula mcdaniel (director) have a familial 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

Filer Name
Gloria Deo Academy
EIN
45-3990283
In Care Of
% THE ORGANIZATION
Phone
8307045463
Address
20540 HWY 46 W STE 115-171, SPRING BRANCH, TX 78070

Signing Officer

Name
Jamie King
Title
Head of School
Phone
8307045463
Signed
2016-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jamie King
Formed
2011
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
8
Employees
31
Volunteers
25

Preparer

Firm
Bdo USA Llp
Address
9901 IH-10 Suite 500, San Antonio, TX 78230
Preparer
Joy Reiner
Phone
2103428000
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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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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DON KING (DIRECTOR) AND JAMIE KING (HEAD OF SCHOOL) HAVE A FAMILIAL RELATIONSHIP. ALLEN TAHA (DIRECTOR) AND TRACY TAHA (DIRECTOR) HAVE A FAMILIAL RELATIONSHIP. JOE MCDANIEL (PRESIDENT) AND PAULA MCDANIEL (DIRECTOR) HAVE A FAMILIAL RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COMPENSATION REVIEW OCCURS ANNUALLY. THE LAST COMPENSATION REVIEW WAS PERFORMED IN SEPTEMBER OF 2014.

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