Civic Intelligence

Edgarton Academy Inc.

990 • Fiscal year 2018 • EIN 45-4548896

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 05, 2018

212 Catawba AvenueNewfield, NJ 08344

(856) 697-7300

Siviq Scores

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

Liabilities / Assets

40th percentile

0.05x

Higher debt load relative to assets than 40% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

37th percentile

0.04x

Higher debt load relative to revenue than 37% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Net Margin

56th percentile

6.1%

Higher net margin than 56% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Asset Growth

68th percentile

12%

Faster asset growth than 68% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

34th percentile

-0.3%

Faster revenue growth than 34% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,310,157

Up $139,169 (+12%) from 2017

Net Assets

Up

$1,242,687

Up $115,562 (+10%) from 2017

Liabilities

Up

$67,470

Up $23,607 (+54%) from 2017

Revenue

Down

$1,885,637

Down $5,571 (-0.3%) from 2017

Expenses

Down

$1,770,075

Down $10,915 (-0.6%) from 2017

Net Income

Up

$115,562

Up $5,344 (+4.8%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $194,425Liabilities 2012: $9,601Net Assets 2012: $184,8242012Assets 2013: $419,106Liabilities 2013: $15,488Net Assets 2013: $403,6182013Assets 2014: $637,001Liabilities 2014: $24,389Net Assets 2014: $612,6122014Assets 2015: $925,404Liabilities 2015: $13,076Net Assets 2015: $912,3282015Assets 2016: $1,039,600Liabilities 2016: $22,693Net Assets 2016: $1,016,9072016Assets 2017: $1,170,988Liabilities 2017: $43,863Net Assets 2017: $1,127,1252017Assets 2018: $1,310,157Liabilities 2018: $67,470Net Assets 2018: $1,242,6872018Assets 2019: $1,489,431Liabilities 2019: $64,869Net Assets 2019: $1,424,5622019Assets 2020: $1,663,602Liabilities 2020: $65,729Net Assets 2020: $1,597,8732020Assets 2021: $1,967,399Liabilities 2021: $106,364Net Assets 2021: $1,861,0352021Assets 2022: $2,050,209Liabilities 2022: $101,021Net Assets 2022: $1,949,1882022Assets 2023: $2,331,738Liabilities 2023: $267,434Net Assets 2023: $2,064,3042023Assets 2024: $2,572,456Liabilities 2024: $273,545Net Assets 2024: $2,298,9112024

Highlighted filing

2018

Assets$1,310,157
Liabilities$67,470
Net Assets$1,242,687

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2012: $210,407Expenses 2012: $25,583Net Income 2012: $184,8242012Revenue 2013: $1,348,025Expenses 2013: $1,129,231Net Income 2013: $218,7942013Revenue 2014: $1,524,532Expenses 2014: $1,315,538Net Income 2014: $208,9942014Revenue 2015: $1,816,052Expenses 2015: $1,516,336Net Income 2015: $299,7162015Revenue 2016: $1,777,750Expenses 2016: $1,673,171Net Income 2016: $104,5792016Revenue 2017: $1,891,208Expenses 2017: $1,780,990Net Income 2017: $110,2182017Revenue 2018: $1,885,637Expenses 2018: $1,770,075Net Income 2018: $115,5622018Revenue 2019: $2,025,536Expenses 2019: $1,843,661Net Income 2019: $181,8752019Revenue 2020: $1,943,536Expenses 2020: $1,770,225Net Income 2020: $173,3112020Revenue 2021: $2,226,014Expenses 2021: $1,962,852Net Income 2021: $263,1622021Revenue 2022: $2,533,173Expenses 2022: $2,445,020Net Income 2022: $88,1532022Revenue 2023: $2,773,748Expenses 2023: $2,658,632Net Income 2023: $115,1162023Revenue 2024: $2,871,697Expenses 2024: $2,637,090Net Income 2024: $234,6072024

Highlighted filing

2018

Revenue$1,885,637
Expenses$1,770,075
Net Income$115,562
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 5, 2018
Return Version
2017v2.2
Gross Receipts
$1,955,831
Mission and Program Overview

Mission

Edgarton Christian Academy, a PK through 8th grade elementary school, is committed to working in partnership with our families to ensure that our children are educated in a safe environment where they can explore learning, grow in their faith, and develop strength of character. Through the promotion of a rigorous and relevant curriculum, the modeling of Christian living and our commitment to service, our graduates are imbued with the skills and values needed to assure lifelong academic and personal success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$947,222$1,107,848▲ $160,626
Land, Buildings, and Equipment, Net$194,688$175,792▼ $18,896
Accounts Receivable$27,443$18,360▼ $9,083
Prepaid Expenses and Deferred Charges$1,635$8,157▲ $6,522
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,170,988$1,310,157▲ $139,169
Other Assets Total-$0-
Liabilities
Deferred Revenue$16,163$31,801▲ $15,638
Accounts Payable and Accrued Expenses$12,465$18,471▲ $6,006
Other Liabilities$15,235$17,198▲ $1,963
Total Liabilities$43,863$67,470▲ $23,607
Net Assets / Fund Balance
Unrestricted Net Assets$1,127,125$1,242,687▲ $115,562
Total Net Assets Fund Balance$1,127,125$1,242,687▲ $115,562
Total Liabilities and Net Assets / Fund Balance$1,170,988$1,310,157▲ $139,169

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$175,792$327,331-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Leo HagertyPresident
Teri GodlewskiTrustee
Trish BlauthTrustee
Ken SavelaSecretary
John SabellaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$34,316
Program Service Revenue
$1,698,377
Investment Income
$3,442
Other Revenue
$149,502
All Other Contributions
$34,316
Change in Net Assets
$115,562

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,874,613
Revenue Not Reported on Financial Statements
$11,024
Other Revenue Adjustments
$11,024
Total Revenue per Audited Statements
$1,874,613
Total Revenue per Form 990
$1,885,637
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,319,315
Other Expenses$450,760
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$1,081,327$38,368-$1,119,695
Payroll Taxes$105,039$3,727-$108,766
Other Employee Benefits$87,741$3,113-$90,854
Depreciation Depletion$57,739--$57,739
Occupancy$42,312--$42,312
Insurance$40,358--$40,358
All Other Expenses$36,195--$36,195
Office Expenses$28,102--$28,102
Advertising$22,906--$22,906
Fees for Services Other$20,596--$20,596
Other Expenses$18,055--$18,055
Total Functional Expenses$1,724,867$45,208$0$1,770,075

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,770,075
Expenses per Audited Statements$1,759,051
Total Expenses per Audited Statements$1,759,051
Expenses Not Reported on Financial Statements$11,024
Other Expense Adjustments$11,024
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$191,616
Fundraising Direct Expenses$70,194
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Super Bingo$68,883$68,883$27,122$41,761
Golf$41,148$41,148$19,502$21,646
Total Events$164,373$164,373$53,102$111,271
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payrol L$12,534
Payroll Taxes Payable$3,337
Due to Class Projects$1,327
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
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, Line 11B: Form 990 Review Process

Prepared form 990 is given to the treasurer for comparison to organization's records. If in agreement with prepared form 990, the appropriate signing officers sign and file.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Information may be requested by contacting the organization via telephone or through its website.

Filing and Contact Details

Filer

Filer Name
Edgarton Academy Inc
EIN
45-4548896
Phone
8566977300
Address
212 CATAWBA AVENUE, NEWFIELD, NJ 08344

Signing Officer

Name
John Sabella
Title
Treasurer
Signed
2018-12-05
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
5
Employees
57
Volunteers
60

Preparer

Firm
Ford Scott & Associates LLC
Address
1535 Haven Avenue, Ocean City, NJ 08226-0538
Preparer
John A Sabella CPA
Phone
6093996333
Supplemental Narrative

Financial Statement Notes

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

FOOD SERVICE $11024

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

FOOD SERVICE $11024

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IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01635
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08157
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01698377
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01698377
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt049993
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt07353
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0492218
IRS990/PYOtherRevenueAmt0153847
IRS990/PYProgramServiceRevenueAmt01680015
IRS990/PYRevenuesLessExpensesAmt0110218
IRS990/PYSalariesCompEmpBnftPaidAmt01288772
IRS990/PYTotalExpensesAmt01780990
IRS990/PYTotalRevenueAmt01891208
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0115562
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0947222
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01107848
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0175792
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0327331
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0503123
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt011024
IRS990ScheduleD/ExpensesSubtotalAmt01759051
IRS990ScheduleD/OtherExpensesNotIncludedAmt011024
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012534
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11327
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23337
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROL L
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO CLASS PROJECTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt011024
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt011024
IRS990ScheduleD/RevenueSubtotalAmt01874613
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FOOD SERVICE $11024
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FOOD SERVICE $11024
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0175792
IRS990ScheduleD/TotalExpensesPerForm990Amt01770075
IRS990ScheduleD/TotalLiabilityAmt017198
IRS990ScheduleD/TotalRevenuePerForm990Amt01885637
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01874613
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01759051
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/ExplanationTxt0PUBLISHED IN THE LOCAL NEWSPAPER
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt053102
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SUPER BINGO
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt068883
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt041148
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt054342
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0164373
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt068883
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt041148
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt054342
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0164373
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0111271
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt06478
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt053102
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt027122
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt019502
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PREPARED FORM 990 IS GIVEN TO THE TREASURER FOR COMPARISON TO ORGANIZATION'S RECORDS. IF IN AGREEMENT WITH PREPARED FORM 990, THE APPROPRIATE SIGNING OFFICERS SIGN AND FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INFORMATION MAY BE REQUESTED BY CONTACTING THE ORGANIZATION VIA TELEPHONE OR THROUGH ITS WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01170988
IRS990/TotalAssetsEOYAmt01310157
IRS990/TotalAssetsGrp/BOYAmt01170988
IRS990/TotalAssetsGrp/EOYAmt01310157
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt034316
IRS990/TotalEmployeeCnt057
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt045208
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01724867
IRS990/TotalFunctionalExpensesGrp/TotalAmt01770075
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt043863
IRS990/TotalLiabilitiesEOYAmt067470
IRS990/TotalLiabilitiesGrp/BOYAmt043863
IRS990/TotalLiabilitiesGrp/EOYAmt067470
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01127125
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01242687
IRS990/TotalProgramServiceExpensesAmt01724867
IRS990/TotalProgramServiceRevenueAmt01698377
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01729899
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01885637
IRS990/TotalVolunteersCnt060
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01170988
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01310157
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01127125
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01242687
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.EDGARTONACADEMY.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z

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