Civic Intelligence

Winton Preparatory Academy Inc

990 • Fiscal year 2015 • EIN 46-2042808

Jul 01, 2014 to Jun 30, 2015 • Filed on Apr 04, 2016

4750 Winton RoadCincinnati, OH 45232

(330) 515-0572

Siviq Scores

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

Liabilities / Assets

96th percentile

1.50x

Higher debt load relative to assets than 96% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

83rd percentile

0.84x

Higher debt load relative to revenue than 83% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

17th percentile

-15%

Higher net margin than 17% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

99th percentile

1089%

Faster asset growth than 99% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

93rd percentile

88%

Faster revenue growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,262,506

Up $1,156,298 (+1089%) from 2014

Net Assets

Down

-$629,066

Down $268,708 (-75%) from 2014

Liabilities

Up

$1,891,572

Up $1,425,006 (+305%) from 2014

Revenue

Up

$2,252,395

Up $1,055,295 (+88%) from 2014

Expenses

Up

$2,584,147

Up $1,026,689 (+66%) from 2014

Net Income

Up

-$331,752

Up $28,606 (+7.9%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2014: $106,208Liabilities 2014: $466,566Net Assets 2014: -$360,3582014Assets 2015: $1,262,506Liabilities 2015: $1,891,572Net Assets 2015: -$629,0662015Assets 2016: $1,712,094Liabilities 2016: $2,709,205Net Assets 2016: -$997,1112016Assets 2017: $2,573,757Liabilities 2017: $4,496,118Net Assets 2017: -$1,922,3612017Assets 2018: $2,495,710Liabilities 2018: $4,051,090Net Assets 2018: -$1,555,3802018Assets 2019: $2,110,800Liabilities 2019: $3,818,652Net Assets 2019: -$1,707,8522019Assets 2020: $1,182,624Liabilities 2020: $3,477,637Net Assets 2020: -$2,295,0132020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2015

Assets$1,262,506
Liabilities$1,891,572
Net Assets-$629,066

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $1,197,100Expenses 2014: $1,557,458Net Income 2014: -$360,3582014Revenue 2015: $2,252,395Expenses 2015: $2,584,147Net Income 2015: -$331,7522015Revenue 2016: $3,103,133Expenses 2016: $3,471,178Net Income 2016: -$368,0452016Revenue 2017: $3,857,252Expenses 2017: $4,782,502Net Income 2017: -$925,2502017Revenue 2018: $4,412,489Expenses 2018: $3,355,768Net Income 2018: $1,056,7212018Revenue 2019: $3,697,222Expenses 2019: $3,849,694Net Income 2019: -$152,4722019Revenue 2020: $3,227,089Expenses 2020: $3,814,250Net Income 2020: -$587,1612020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021

Highlighted filing

2015

Revenue$2,252,395
Expenses$2,584,147
Net Income-$331,752
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Apr 4, 2016
Return Version
2014v6.0
Gross Receipts
$2,252,395
Mission and Program Overview

Mission

To achieve the mission, our School will integrate current learning technologies into each classroom. We will offer authentic learning experiences that are representative of how children learn best, as well as offer a schedule and support activities that enable each student to reach to his or her potential. We want our students to leave with the skills and abilities necessary to achieve academic excellence, personal growth, and success as lifelong learners. This mission requires the support of the faculty, staff, families, and community in order to encourage and empower students to be responsible and valued citizens.

Winton Preparatory Academy is dedicated to improving the lives of its students by providing authentic learning experiences in a collaborative, nurturing environment that will build a foundation for students' success in school, at future work, and in life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$9,429$53,034▲ $43,605
Land, Buildings, and Equipment, Net$23,016$48,429▲ $25,413
Prepaid Expenses and Deferred Charges$30,000$30,000→ $0
Accounts Receivable$21,230$22,145▲ $915
Pledges and Grants Receivable$22,533$4,660▼ $17,873
Total Assets$169,252$1,262,506▲ $1,093,254
Other Assets Total$63,044$1,104,238▲ $1,041,194
Liabilities
Other Liabilities-$1,333,289-
Mortgage Notes Payable Secured by Investment Property$431,224$404,257▼ $26,967
Accounts Payable and Accrued Expenses$35,342$154,026▲ $118,684
Unsecured Notes Loans Payable$0--
Total Liabilities$466,566$1,891,572▲ $1,425,006
Net Assets / Fund Balance
Temporarily Rstr Net Assets$23,016$48,429▲ $25,413
Permanently Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-320,330$-677,495▼ $357,165
Total Net Assets Fund Balance$-297,314$-629,066▼ $331,752
Total Liabilities and Net Assets / Fund Balance$169,252$1,262,506▲ $1,093,254

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$28,187$13,067$41,254
Other Land Buildings$7,265$11,416$18,681
Equipment$12,977$2,290$15,267
Buildings$0$0$0
Land$0-$0
Other Assets Org$1,104,238--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul HolzmanBoard President
Rodney HaleBoard Vice President
Beth CavanaughBoard Member
Jeanie HolzmanBoard Secretary
Susan KunkemoellerBoard Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Cambridge Education GroupManagement Services275 W Market Street, Ste 1750, Akron, OH 44303$1,330,440
Buckeye Community Hope FoundationRent3021 East Granville Dublin Road, Columbus, OH 43231$160,980
American Education PropertiesRents222 SW Columbia Street, Portland, OR 97201$141,640
Revenue and Support

Revenue Composition

Contributions and Grants
$2,252,395
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,252,395
Change in Net Assets
$-331,752

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,252,395
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$2,252,395
Total Revenue per Form 990
$2,252,395
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,584,147
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$941,281$0$0$941,281
Fees for Services Other$359,324--$359,324
Occupancy$300,000--$300,000
Fees for Services Accounting$40,930--$40,930
Advertising$34,819--$34,819
Depreciation Depletion$17,921--$17,921
Fees for Services Legal-$15,696-$15,696
Travel$11,831--$11,831
Insurance$7,095--$7,095
Interest$6,979--$6,979
Total Functional Expenses$2,511,869$72,278$0$2,584,147

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,584,147
Total Expenses per Audited Statements$2,584,147
Total Expenses per Form 990$2,584,147
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$1,040,481
Deferred Inflows of Resources$190,539
Note Payable - Cambridge$102,269
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The school contracted with a management company, Cambridge Education Group, to provide certain operational functions and management services.

Form 990, Part VI, Section B, Line 11B

The Form 990 is prepared and reviewed by the fiscal officer. After the review of the Form 990, it is provided to the Board of Directors' legal counsel for review. Once completed, it is then provided to the Board President for review and to the Treasurer for signature and filing.

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

The Board of Directors, in conjunction with their legal counsel consistently review compliance with federal and state regulations. In addition, the school is continuously monitored by its sponsor to ensure compliance with laws and regulations.

Form 990, Part VI, Section C, Line 19

The school's governing documents, conflict of interest policy and financial statements are maintained by its legal counsel and fiscal officer, and may be provided upon request.

Filing and Contact Details

Filer

Filer Name
Winton Preparatory Academy
EIN
46-2042808
Address
4750 Winton Road, Cincinnati, OH 45232

Signing Officer

Name
David Massa
Title
Treasurer
Phone
3305150572
Signed
2016-04-04

Organization Details

Principal Officer
C David Massa
Formed
2013
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

All other professional and technical services provided.

Raw XML AppendixShowing 400 of 431 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.

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IRS990/Desc0Our goal is to provide students with the essential knowledge and higher order thinking skills they need to become responsible and productive adults in society. Our academic goals provide a road map for teachers to follow while still allowing the time for creativity, differentiation, and completion of the performance standards necessary for all students to understand the content, and to have experiences that connect learning to real world scenarios.
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IRS990/MissionDesc0To achieve the mission, our School will integrate current learning technologies into each classroom. We will offer authentic learning experiences that are representative of how children learn best, as well as offer a schedule and support activities that enable each student to reach to his or her potential. We want our students to leave with the skills and abilities necessary to achieve academic excellence, personal growth, and success as lifelong learners. This mission requires the support of the faculty, staff, families, and community in order to encourage and empower students to be responsible and valued citizens.
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02252395
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02252395
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01197100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03449495
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt03449495
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02252395
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01197100
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt03449495
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02252395
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01197100
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03449495
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt012977
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02290
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015267
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02584147
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt028187
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013067
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt041254
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01104238
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07265
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011416
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018681
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0102269
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11040481
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2190539
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Note Payable - Cambridge
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deferred Inflows of Resources
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02252395
IRS990ScheduleD/TotalBookValueLandBuildingsAmt048429
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01104238
IRS990ScheduleD/TotalExpensesPerForm990Amt02584147
IRS990ScheduleD/TotalLiabilityAmt01333289
IRS990ScheduleD/TotalRevenuePerForm990Amt02252395
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02252395
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02584147
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The school contracted with a management company, Cambridge Education Group, to provide certain operational functions and management services.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is prepared and reviewed by the fiscal officer. After the review of the Form 990, it is provided to the Board of Directors' legal counsel for review. Once completed, it is then provided to the Board President for review and to the Treasurer for signature and filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors, in conjunction with their legal counsel consistently review compliance with federal and state regulations. In addition, the school is continuously monitored by its sponsor to ensure compliance with laws and regulations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The school's governing documents, conflict of interest policy and financial statements are maintained by its legal counsel and fiscal officer, and may be provided upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All other professional and technical services provided.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt023016
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt048429
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0169252
IRS990/TotalAssetsEOYAmt01262506
IRS990/TotalAssetsGrp/BOYAmt0169252
IRS990/TotalAssetsGrp/EOYAmt01262506
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02252395
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt072278
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02511869
IRS990/TotalFunctionalExpensesGrp/TotalAmt02584147
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0466566
IRS990/TotalLiabilitiesEOYAmt01891572
IRS990/TotalLiabilitiesGrp/BOYAmt0466566
IRS990/TotalLiabilitiesGrp/EOYAmt01891572
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-297314
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-629066
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt02511869
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02252395
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0169252
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01262506
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt011831
IRS990/TravelGrp/TotalAmt011831
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00

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