Civic Intelligence

Educational Advancement Corporation

EIN 45-4120373 • 501(c)3 • Lancaster, CA

Profile

To manage, operate, guide, direct and promote one or more california public charter schools.

177 Holston DriveLancaster, CA 93535

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2019

Net Margin

61st percentile

8.2%

Higher net margin than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

42nd percentile

-8.0%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$28,329

Up $2,901 (+11%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

Up

$28,329

Up $2,901 (+11%) from 2018

Operations
Liabilities / RevenueScore unavailableNet Margin61st percentile

Revenue

Down

$35,295

Down $3,078 (-8.0%) from 2018

Expenses

Up

$32,394

Up $11,718 (+57%) from 2018

Net Income

Down

$2,901

Down $14,796 (-84%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth70th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2012: $40,191Liabilities 2012: $02012Assets 2013: $25,288Liabilities 2013: $0Net Assets 2013: $25,2882013Assets 2014: $8,671Liabilities 2014: $0Net Assets 2014: $8,6712014Assets 2017: $7,731Liabilities 2017: $0Net Assets 2017: $7,7312017Assets 2018: $25,428Liabilities 2018: $0Net Assets 2018: $25,4282018Assets 2019: $28,329Liabilities 2019: $0Net Assets 2019: $28,3292019

Highlighted filing

2019

Assets$28,329
Liabilities$0
Net Assets$28,329
Open 2019 Filing

Operations Trend

Revenue Growth42nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2012: $40,200Expenses 2012: $9Net Income 2012: $40,1912012Revenue 2013: $3,768Expenses 2013: $18,671Net Income 2013: -$14,9032013Revenue 2014: $28,000Expenses 2014: $44,617Net Income 2014: -$16,6172014Revenue 2017: $15,000Expenses 2017: $54,533Net Income 2017: -$39,5332017Revenue 2018: $38,373Expenses 2018: $20,676Net Income 2018: $17,6972018Revenue 2019: $35,295Expenses 2019: $32,394Net Income 2019: $2,9012019

Highlighted filing

2019

Revenue$35,295
Expenses$32,394
Net Income$2,901
Open 2019 Filing

Filings

Most recent year

2019 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$28,329
Liabilities
$0
Net assets
$28,329
Revenue
$35,295
Expenses
$32,394
Net income
$2,901
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.3$0.00$28.3$35.3$32.4$2.90
2018Detailed filing. Detailed filing data is available for this year.$25.4$0.00$25.4$38.4$20.7$17.7
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.73$0.00$7.73$15.0$54.5$39.5
2014Detailed filing. Detailed filing data is available for this year.$8.67$0.00$8.67$28.0$44.6$16.6
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.3$0.00$25.3$3.77$18.7$14.9
2012Summary only. Only limited summary data is available for this year.$40.2$0.00$40.2$0.01$40.2
Latest Detailed Filing

The latest 2019 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2018 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jul 9, 2019
Return Version
2017v2.2
Gross Receipts
$38,373
Mission and Program Overview

Mission

To manage, operate, guide, direct and promote one or more california public charter schools.

Program Services

DescriptionGrantsExpenses
ENGAGED IN NON-PROFIT EDUCATIONAL MANAGEMENT$20,676-
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD SANDNESCFO-$0--
DAVID MAHAFFYCEO-$0--
WARREN WILLIAMSSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Educational Advancement Corporation
EIN
45-4120373
Phone
6612721225
Address
177 HOLSTON DRIVE, LANCASTER, CA 93535

Signing Officer

Name
Richard Sandnes
Title
Director
Signed
2019-07-09
Discuss with paid preparer
Yes

Preparer

Firm
Burkey Cox Evans & Bradford
Address
1058 W AVENUE M14, PALMDALE, CA 93551-1440
Preparer
Laura A Bradford CPA
Phone
6612672005
Supplemental Narrative

Additional Explanations

Other Expenses.1005

“Travel $8474”

Other Expenses.1012

“Insurance $10986”

Other Expenses.1

“BANK CHARGES $274”

Raw XML Appendix127 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AmendedReturnInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0RICHARD SANDNES
IRS990EZ/BooksInCareOfDetail/PhoneNum06612721225
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt042455 10TH STREET WEST 105
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LANCASTER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd093534
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07731
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt025428
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt038373
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt017697
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0942
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07731
IRS990EZ/Form990TotalAssetsGrp/EOYAmt025428
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt038373
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07731
IRS990EZ/NetAssetsOrFundBalancesEOYAmt025428
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07731
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt025428
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICHARD SANDNES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVID MAHAFFY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WARREN WILLIAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt019734
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO MANAGE, OPERATE, GUIDE, DIRECT AND PROMOTE ONE OR MORE CALIFORNIA PUBLIC CHARTER SCHOOLS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ENGAGED IN NON-PROFIT EDUCATIONAL MANAGEMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt020676
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt020676
IRS990EZ/TotalProgramServiceExpensesAmt020676
IRS990EZ/TotalRevenueAmt038373
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt038373
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt015000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt024010
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt077383
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt077383
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt038373
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt015000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt024010
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt077383
IRS990ScheduleA/TotalSupportAmt077383
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel $8474
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $10986
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK CHARGES $274
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD SANDNES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDUCATIONAL ADVANCEMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0EDUC
ReturnHeader/Filer/EIN0454120373
ReturnHeader/Filer/PhoneNum06612721225
ReturnHeader/Filer/USAddress/AddressLine1Txt0177 HOLSTON DRIVE
ReturnHeader/Filer/USAddress/CityNm0LANCASTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093535
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952868411
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BURKEY COX EVANS & BRADFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01058 W AVENUE M14
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PALMDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0935511440
ReturnHeader/PreparerPersonGrp/PhoneNum06612672005
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Laura A Bradford CPA
ReturnHeader/ReturnTs02019-07-09T15:08:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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