Civic Intelligence

Victory Academy Ocala Inc.

990 • Fiscal year 2021 • EIN 45-5409146

Aug 01, 2020 to Jul 31, 2021 • Filed on May 31, 2022

Organization ProfileWWW.VICTORYACADEMYOCALA.COM

View Organization Page

328 NE 1st Ave Ste 100Ocala, FL 34470

(352) 622-4410

Siviq Scores

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

Liabilities / Assets

70th percentile

0.15x

Higher debt load relative to assets than 70% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

64th percentile

0.10x

Higher debt load relative to revenue than 64% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

89th percentile

56%

Higher net margin than 89% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

56th percentile

$13,622

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

98th percentile

380%

Faster asset growth than 98% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

91st percentile

150%

Faster revenue growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$561,259

Up $444,432 (+380%) from 2020

Net Assets

Up

$477,078

Up $479,205 (+22530%) from 2020

Liabilities

Down

$84,181

Down $34,773 (-29%) from 2020

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin89th percentile

Revenue

Up

$862,856

Up $517,537 (+150%) from 2020

Expenses

Up

$383,651

Up $68,972 (+22%) from 2020

Net Income

Up

$479,205

Up $448,565 (+1464%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$600K$400K$200K$0-$200KAssets 2015: $29,295Liabilities 2015: $677Net Assets 2015: $28,6182015Assets 2016: $24,804Liabilities 2016: $21,9872016Assets 2017: $60,205Liabilities 2017: $44,091Net Assets 2017: $16,1142017Assets 2018: $31,618Liabilities 2018: $46,887Net Assets 2018: -$15,2692018Assets 2019: $48,300Liabilities 2019: $81,067Net Assets 2019: -$32,7672019Assets 2020: $116,827Liabilities 2020: $118,954Net Assets 2020: -$2,1272020Assets 2021: $561,259Liabilities 2021: $84,181Net Assets 2021: $477,0782021Assets 2022: $408,109Liabilities 2022: $8,864Net Assets 2022: $399,2452022Assets 2024: $474,411Liabilities 2024: $4,811Net Assets 2024: $469,6002024Assets 2025: $484,437Liabilities 2025: $7,274Net Assets 2025: $477,1632025

Highlighted filing

2021

Assets$561,259
Liabilities$84,181
Net Assets$477,078
Open 2021 Filing

Operations Trend

Revenue Growth91st percentile

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

$1.0M$500K$0-$500KRevenue 2015: $112,183Expenses 2015: $91,673Net Income 2015: $20,5102015Revenue 2016: $153,995Expenses 2016: $179,796Net Income 2016: -$25,8012016Revenue 2017: $286,044Expenses 2017: $272,747Net Income 2017: $13,2972017Revenue 2018: $330,946Expenses 2018: $362,329Net Income 2018: -$31,3832018Revenue 2019: $382,019Expenses 2019: $399,517Net Income 2019: -$17,4982019Revenue 2020: $345,319Expenses 2020: $314,679Net Income 2020: $30,6402020Revenue 2021: $862,856Expenses 2021: $383,651Net Income 2021: $479,2052021Revenue 2022: $518,898Expenses 2022: $596,731Net Income 2022: -$77,8332022Revenue 2024: $833,938Expenses 2024: $782,674Net Income 2024: $51,2642024Revenue 2025: $876,404Expenses 2025: $868,379Net Income 2025: $8,0252025

Highlighted filing

2021

Revenue$862,856
Expenses$383,651
Net Income$479,205
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
May 31, 2022
Return Version
2020v4.0
Gross Receipts
$866,372
Mission and Program Overview

Mission

Victory academy is a classical christian college preparatory school dedicated to nurturing and challenging the whole person - body, mind and spirit to the glory of god.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$49,273$106,208▲ $56,935
Savings and Temporary Cash Investments$25,090$58,741▲ $33,651
Accounts Receivable$38,793$9,450▼ $29,343
Land, Buildings, and Equipment, Net$1,395$1,011▼ $384
Loans From Officers Directors$22,394$490▼ $21,904
Total Assets$116,827$561,259▲ $444,432
Other Assets Total$2,276$385,849▲ $383,573
Liabilities
Other Liabilities$64,740$51,238▼ $13,502
Deferred Revenue$31,820$32,453▲ $633
Total Liabilities$118,954$84,181▼ $34,773
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,127$477,078▲ $479,205
Total Net Assets Fund Balance$-2,127$477,078▲ $479,205
Total Liabilities and Net Assets / Fund Balance$116,827$561,259▲ $444,432

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$20,849--
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dianne Van FleetSecretary/trPT$13,622$13,622

Board Members and Trustees

NameTitle
Carey V JonesPresident
Dean AschlimanBoard Member
Pat StanleyBoard Member
Matt OverfeltVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$382,623
Program Service Revenue
$346,797
Investment Income
$0
Other Revenue
$133,436
All Other Contributions
$382,623
Change in Net Assets
$479,205

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$365,000Appraised Value
Total Noncash Contributions1$365,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$217,295
Other Expenses$166,356
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$168,253$18,695-$186,948
Occupancy$27,720$3,080-$30,800
Fees for Services Other$16,773$1,864-$18,637
Payroll Taxes$15,052$1,673-$16,725
Current Officers, Directors, Trustees, and Key Employees$12,260$1,362-$13,622
All Other Expenses$10,078$1,037-$11,115
Insurance$3,658$406-$4,064
Office Expenses$3,651$406-$4,057
Other Expenses$2,365$263-$2,628
Interest$1,363$152-$1,515
Fees for Services Accounting$540$60-$600
Fees for Services Legal$360$40-$400
Depreciation Depletion$384--$384
Conferences and Meetings$135$15-$150
Total Functional Expenses$345,397$38,254$0$383,651
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,313
Fundraising Direct Expenses$3,516
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$17,313$17,313$3,516$13,797
Total Events$17,313$17,313$3,516$13,797
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$22,394$490▼ $21,904
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable - Ppp$51,012
Payroll Liabilities$226
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The organization's signing officer thoroughly reviews the form 990 prior to signing and filing with the internal revenue services”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Victory Academy Ocala Inc
EIN
45-5409146
Address
328 NE 1ST AVE STE 100, OCALA, FL 34470

Signing Officer

Name
Dianne Van Fleet
Title
Secretary/treasurer
Signed
2022-05-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carey V Jones
Formed
2012
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
17
Volunteers
5

Preparer

Firm
Collier Jernigan Eastman & Zublick Pa
Address
550 NE 25TH AVENUE, OCALA, FL 34470-7035
Preparer
Daryl L Collier CPA
Phone
3527325601
Raw XML AppendixShowing 400 of 414 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/BOYAmt038793
IRS990/AccountsReceivableGrp/EOYAmt09450
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0VICTORY ACADEMY IS A CLASSICAL CHRISTIAN COLLEGE PREPARATORY SCHOOL DEDICATED TO NURTURING AND CHALLENGING THE WHOLE PERSON - BODY, MIND AND SPIRIT TO THE GLORY OF GOD.
IRS990/AddressChangeInd0X
IRS990/AllOtherContributionsAmt0382623
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01037
IRS990/AllOtherExpensesGrp/ProgramServicesAmt010078
IRS990/AllOtherExpensesGrp/TotalAmt011115
IRS990/BooksInCareOfDetail/PersonNm0VICTORY ACADEMY OCALA INC
IRS990/BooksInCareOfDetail/PhoneNum03526224410
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0328 NE 1ST AVE STE 100
IRS990/BooksInCareOfDetail/USAddress/CityNm0OCALA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd034470
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt049273
IRS990/CashNonInterestBearingGrp/EOYAmt0106208
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt01362
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt012260
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt013622
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt015
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0135
IRS990/ConferencesMeetingsGrp/TotalAmt0150
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0382623
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0166356
IRS990/CYOtherRevenueAmt0133436
IRS990/CYProgramServiceRevenueAmt0346797
IRS990/CYRevenuesLessExpensesAmt0479205
IRS990/CYSalariesCompEmpBnftPaidAmt0217295
IRS990/CYTotalExpensesAmt0383651
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0862856
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt031820
IRS990/DeferredRevenueGrp/EOYAmt032453
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0384
IRS990/DepreciationDepletionGrp/TotalAmt0384
IRS990/Desc0VICTORY ACADEMY MAINTAINED PRE K THROUGH 8TH GRADE CLASSES TO PROVIDE A CHRIST CENTERED EDUCATION FOR STUDENTS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt017
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0345397
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt060
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0540
IRS990/FeesForServicesAccountingGrp/TotalAmt0600
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt040
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0360
IRS990/FeesForServicesLegalGrp/TotalAmt0400
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01864
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt016773
IRS990/FeesForServicesOtherGrp/TotalAmt018637
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt030.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt230.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0DIANNE VAN FLEET
IRS990/Form990PartVIISectionAGrp/PersonNm1DEAN ASCHLIMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2CAREY V JONES
IRS990/Form990PartVIISectionAGrp/PersonNm3MATT OVERFELT
IRS990/Form990PartVIISectionAGrp/PersonNm4PAT STANLEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt013622
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt03516
IRS990/FundraisingGrossIncomeAmt017313
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0866372
IRS990/GrossRentsGrp/RealAmt04120
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0406
IRS990/InsuranceGrp/ProgramServicesAmt03658
IRS990/InsuranceGrp/TotalAmt04064
IRS990/InterestGrp/ManagementAndGeneralAmt0152
IRS990/InterestGrp/ProgramServicesAmt01363
IRS990/InterestGrp/TotalAmt01515
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01432
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01395
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01011
IRS990/LandBldgEquipCostOrOtherBssAmt02443
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt022394
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0490
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt01691
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt01691
IRS990/MissionDesc0VICTORY ACADEMY IS A CLASSICAL CHRISTIAN COLLEGE PREPARATORY SCHOOL DEDICATED TO NURTURING AND CHALLENGING THE WHOLE PERSON - BODY, MIND AND SPIRIT TO THE GLORY OF GOD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-2127
IRS990/NetAssetsOrFundBalancesEOYAmt0477078
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt013797
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt04120
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04120
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-2127
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0477078
IRS990/NoncashContributionsAmt0365000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt03080
IRS990/OccupancyGrp/ProgramServicesAmt027720
IRS990/OccupancyGrp/TotalAmt030800
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0406
IRS990/OfficeExpensesGrp/ProgramServicesAmt03651
IRS990/OfficeExpensesGrp/TotalAmt04057
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02276
IRS990/OtherAssetsTotalGrp/EOYAmt0385849
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1CURRICULUM
IRS990/OtherExpensesGrp/Desc2IRS PENALTIES/INTEREST
IRS990/OtherExpensesGrp/Desc3MEALS & ENTERTAINMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07737
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11061
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2403
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3263
IRS990/OtherExpensesGrp/ProgramServicesAmt069628
IRS990/OtherExpensesGrp/ProgramServicesAmt19552
IRS990/OtherExpensesGrp/ProgramServicesAmt23625
IRS990/OtherExpensesGrp/ProgramServicesAmt32365
IRS990/OtherExpensesGrp/TotalAmt077365
IRS990/OtherExpensesGrp/TotalAmt110613
IRS990/OtherExpensesGrp/TotalAmt24028
IRS990/OtherExpensesGrp/TotalAmt32628
IRS990/OtherLiabilitiesGrp/BOYAmt064740
IRS990/OtherLiabilitiesGrp/EOYAmt051238
IRS990/OtherRevenueMiscGrp/Desc0CARES ACT GRANT FORGIVENESS
IRS990/OtherRevenueMiscGrp/Desc1PPP FORGIVENESS
IRS990/OtherRevenueMiscGrp/Desc2OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt061052
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt151012
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt21764
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt061052
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt151012
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21764
IRS990/OtherRevenueTotalAmt0115519
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018695
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0168253
IRS990/OtherSalariesAndWagesGrp/TotalAmt0186948
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01673
IRS990/PayrollTaxesGrp/ProgramServicesAmt015052
IRS990/PayrollTaxesGrp/TotalAmt016725
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CAREY V JONES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1BOOKS
IRS990/ProgramServiceRevenueGrp/Desc2AFTERCARE
IRS990/ProgramServiceRevenueGrp/Desc3APPLICATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0315409
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt116213
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3425
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0315409
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt116213
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3425
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07620
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt088055
IRS990/PYOtherRevenueAmt018471
IRS990/PYProgramServiceRevenueAmt0319228
IRS990/PYRevenuesLessExpensesAmt030640
IRS990/PYSalariesCompEmpBnftPaidAmt0226624
IRS990/PYTotalExpensesAmt0314679
IRS990/PYTotalRevenueAmt0345319
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0479205
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt04120
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0346797
IRS990/SavingsAndTempCashInvstGrp/BOYAmt025090
IRS990/SavingsAndTempCashInvstGrp/EOYAmt058741
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/OtherAssetsOrgGrp/BookValueAmt0365000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt120849
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt051012
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1226
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN PAYABLE - PPP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0385849
IRS990ScheduleD/TotalLiabilityAmt051238
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 ORGANIZATION'S ADMISSIONS APPLICATION CONTAINS A NON DISCRIMINATION POLICY STATEMENT THAT THEY DO NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, OR NATIONAL ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, SCHOLARSHIPS, ATHLETIC PROGRAMS OR SCHOOL SPONSORED EVENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03516
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt017313
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017313
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt017313
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017313
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt013797
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03516
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03516
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0490
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PAYROLL LIABILITIES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt015790
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0CAREY V JONES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt0490
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt01
IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt0APPRAISED VALUE
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt0365000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S SIGNING OFFICER THOROUGHLY REVIEWS THE FORM 990 PRIOR TO SIGNING AND FILING WITH THE INTERNAL REVENUE SERVICES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0116827
IRS990/TotalAssetsEOYAmt0561259
IRS990/TotalAssetsGrp/BOYAmt0116827
IRS990/TotalAssetsGrp/EOYAmt0561259
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0382623
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt038254
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0345397
IRS990/TotalFunctionalExpensesGrp/TotalAmt0383651
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0118954
IRS990/TotalLiabilitiesEOYAmt084181
IRS990/TotalLiabilitiesGrp/BOYAmt0118954
IRS990/TotalLiabilitiesGrp/EOYAmt084181
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2127
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0477078
IRS990/TotalProgramServiceExpensesAmt0345397
IRS990/TotalProgramServiceRevenueAmt0346797
IRS990/TotalReportableCompFromOrgAmt013622
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0466436
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0862856
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0116827
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0561259
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0734 SE 3RD ST
IRS990/USAddress/CityNm0OCALA
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034471
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.VICTORYACADEMYOCALA.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DIANNE VAN FLEET
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VICTORY ACADEMY OCALA INC
ReturnHeader/Filer/BusinessNameControlTxt0VICT
ReturnHeader/Filer/EIN0455409146
ReturnHeader/Filer/USAddress/AddressLine1Txt0328 NE 1ST AVE STE 100
ReturnHeader/Filer/USAddress/CityNm0OCALA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034470
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593612220
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COLLIER JERNIGAN EASTMAN & ZUBLICK PA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$561,259
Liabilities
$84,181
Net assets
$477,078
Revenue
$862,856
Expenses
$383,651
Net income
$479,205
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.84$0.07$4.77$8.76$8.68$0.08
2024Detailed filing. Detailed filing data is available for this year.$4.74$0.05$4.70$8.34$7.83$0.51
2022Detailed filing. Detailed filing data is available for this year.$4.08$0.09$3.99$5.19$5.97$0.78
2021Detailed filing. Detailed filing data is available for this year.$5.61$0.84$4.77$8.63$3.84$4.79
2020Detailed filing. Detailed filing data is available for this year.$1.17$1.19$0.02$3.45$3.15$0.31
2019Detailed filing. Detailed filing data is available for this year.$0.48$0.81$0.33$3.82$4.00$0.17
2018Detailed filing. Detailed filing data is available for this year.$0.32$0.47$0.15$3.31$3.62$0.31
2017Detailed filing. Detailed filing data is available for this year.$0.60$0.44$0.16$2.86$2.73$0.13
2016Summary only. Only limited summary data is available for this year.$0.25$0.22$1.54$1.80$0.26
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.01$0.29$1.12$0.92$0.21