Civic Intelligence

Student Aces Inc.

990 • Fiscal year 2017 • EIN 46-3081102

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

7750 Arbor Crest WayWest Palm Beach, FL 33412

(850) 559-7612

Siviq Scores

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

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

70th percentile

0.02x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

59th percentile

7.4%

Higher net margin than 59% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

97th percentile

$88,117

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 33.8% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

70th percentile

19%

Faster asset growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

42nd percentile

-3.7%

Faster revenue growth than 42% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$161,275

Up $25,185 (+19%) from 2016

Net Assets

Up

$155,200

Up $19,178 (+14%) from 2016

Liabilities

Up

$6,075

Up $6,007 (+8834%) from 2016

Revenue

Down

$260,885

Down $10,102 (-3.7%) from 2016

Expenses

Up

$241,707

Up $43,199 (+22%) from 2016

Net Income

Down

$19,178

Down $53,301 (-74%) from 2016

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 2014: $31,848Liabilities 2014: $02014Assets 2015: $63,543Liabilities 2015: $02015Assets 2016: $136,090Liabilities 2016: $68Net Assets 2016: $136,0222016Assets 2017: $161,275Liabilities 2017: $6,075Net Assets 2017: $155,2002017Assets 2018: $644,513Liabilities 2018: $1,292Net Assets 2018: $643,2212018Assets 2019: $1,186,829Liabilities 2019: $54,855Net Assets 2019: $1,131,9742019Assets 2020: $1,976,243Liabilities 2020: $146,292Net Assets 2020: $1,829,9512020Assets 2021: $2,044,916Liabilities 2021: $163,601Net Assets 2021: $1,881,3152021Assets 2022: $1,613,274Liabilities 2022: $103,067Net Assets 2022: $1,510,2072022Assets 2023: $1,428,199Liabilities 2023: $184,383Net Assets 2023: $1,243,8162023Assets 2024: $1,460,613Liabilities 2024: $273,958Net Assets 2024: $1,186,6552024

Highlighted filing

2017

Assets$161,275
Liabilities$6,075
Net Assets$155,200

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2014: $44,917Expenses 2014: $18,367Net Income 2014: $26,5502014Revenue 2015: $117,785Expenses 2015: $86,090Net Income 2015: $31,6952015Revenue 2016: $270,987Expenses 2016: $198,508Net Income 2016: $72,4792016Revenue 2017: $260,885Expenses 2017: $241,707Net Income 2017: $19,1782017Revenue 2018: $833,922Expenses 2018: $345,901Net Income 2018: $488,0212018Revenue 2019: $898,974Expenses 2019: $417,840Net Income 2019: $481,1342019Revenue 2020: $1,508,148Expenses 2020: $827,564Net Income 2020: $680,5842020Revenue 2021: $1,024,382Expenses 2021: $1,010,064Net Income 2021: $14,3182021Revenue 2022: $1,050,486Expenses 2022: $1,358,196Net Income 2022: -$307,7102022Revenue 2023: $1,038,786Expenses 2023: $1,317,659Net Income 2023: -$278,8732023Revenue 2024: $987,771Expenses 2024: $1,130,935Net Income 2024: -$143,1642024

Highlighted filing

2017

Revenue$260,885
Expenses$241,707
Net Income$19,178
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$366,149
Mission and Program Overview

Mission

To inspire and develop high school student athletes to become men and women of character, honor, and integrity through our character education programs.

The organization is dedicated to providing character education programs, mentoring, community service, and life skills for high school student athletes. Their focus is to inspire, train and mentor a community of student aces who exemplify leadership traits in athletics, community service and education. The inspiration for student aces is derived from a deep desire to see every student achieve a foundation of honor, character and integrity that will permanently generate positive outcomes in their schools and for the next generation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$141,086-
Cash and Non-Interest-Bearing Accounts$133,417$14,069▼ $119,348
Land, Buildings, and Equipment, Net$2,648$4,443▲ $1,795
Other Notes and Loans Receivable, Net$25$1,677▲ $1,652
Total Assets$136,090$161,275▲ $25,185
Liabilities
Accounts Payable and Accrued Expenses$68$6,075▲ $6,007
Total Liabilities$68$6,075▲ $6,007
Net Assets / Fund Balance
Unrestricted Net Assets$136,022$155,200▲ $19,178
Total Net Assets Fund Balance$136,022$155,200▲ $19,178
Total Liabilities and Net Assets / Fund Balance$136,090$161,275▲ $25,185

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,443$767$5,210
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Krissy WebbExecutive DirectorFT$88,117$88,117

Board Members and Trustees

NameTitle
Jorge MartinezPresident
Dionne BoldinDirector
Johan KriekDirector
Syd KitsonDirector
Robert KornahrensSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$356,673
Program Service Revenue
$725
Investment Income
$23
Other Revenue
$-96,536
All Other Contributions
$278,298
Change in Net Assets
$19,178
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$123,020
Salaries, Compensation, and Employee Benefits$116,060
Total Fundraising Expense$33,004
Grants and Similar Amounts Paid$2,627
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$48,802$16,685$30,659$96,146
Information Technology$17,607$5,869-$23,476
Fees for Services Other$22,899--$22,899
Payroll Taxes$3,733$2,983$2,345$9,061
Office Expenses$5,792$2,597-$8,389
Other Employee Benefits-$7,000-$7,000
Advertising$6,203--$6,203
Insurance$3,959$1,320-$5,279
Pension Plan Contributions-$3,853-$3,853
Fees for Services Accounting-$3,580-$3,580
Travel$2,546$849-$3,395
Grants to Domestic Individuals$2,627--$2,627
Occupancy$1,227$409-$1,636
Other Expenses$951$1,538-$1,538
Depreciation Depletion$383$384-$767
All Other Expenses$326$435-$761
Interest-$81-$81
Total Functional Expenses$159,178$49,525$33,004$241,707
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$105,264
Fundraising Gross Income$8,728
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Swing Into Country$61,228$8,728$105,264$-96,536
Total Events$61,228$8,728$105,264$-96,536
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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

The executive director, krissy web, and the president, jorge martinez are family members.

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

A copy of form 990 is e-mailed to the organization's governing body for review. The governing body discusses the return, asks questions, and recommends changes. After all questions are answered and adjustments made (if any), the tax preparer submits a second draft to the governing body for final review and approval.

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

All officers, directors and key employees are required to disclose any conflict of interest and annually submit documentation of any conflicts to the governing board.

Form 990, Part VI, Section B, Line 15

The governing board reviews and approves the compensation of employees. The compensation is included in the budget which is approved by the board and documented as such in the board minutes.

Form 990, Part VI, Section C, Line 19

Written requests must be made directly to the organization for review of its documents. Persons making the request may be asked to visit the office to review the documents or they may be mailed a copy of the requested documents.

Filing and Contact Details

Filer

Filer Name
Student Aces Inc
EIN
46-3081102
Phone
8505597612
Address
7750 ARBOR CREST WAY, WEST PALM BEACH, FL 33412

Signing Officer

Name
Jorge Martinez
Title
President
Phone
5617191777
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jorge Martinez
Formed
2013
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
5
Employees
2
Volunteers
150

Preparer

Firm
Lkd - Cpas & Consultants
Address
500 UNIVERSITY BLVD SUITE 215, JUPITER, FL 33458
Preparer
Brian T Muller
Phone
5616941040
Raw XML Appendix396 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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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt014
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt037
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt08728
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt09143
IRS990ScheduleA/OtherIncome170Grp/TotalAmt017871
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0873870
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0356673
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0319135
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0129157
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt068905
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0873870
IRS990ScheduleA/TotalSupportAmt0891778
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04443
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0767
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05210
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04443
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt052500
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt052500
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0105264
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SWING INTO COUNTRY
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt061228
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt061228
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt08728
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt08728
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-96536
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0105264
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0105264
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR, KRISSY WEB, AND THE PRESIDENT, JORGE MARTINEZ ARE FAMILY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 IS E-MAILED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW. THE GOVERNING BODY DISCUSSES THE RETURN, ASKS QUESTIONS, AND RECOMMENDS CHANGES. AFTER ALL QUESTIONS ARE ANSWERED AND ADJUSTMENTS MADE (IF ANY), THE TAX PREPARER SUBMITS A SECOND DRAFT TO THE GOVERNING BODY FOR FINAL REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST AND ANNUALLY SUBMIT DOCUMENTATION OF ANY CONFLICTS TO THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BOARD REVIEWS AND APPROVES THE COMPENSATION OF EMPLOYEES. THE COMPENSATION IS INCLUDED IN THE BUDGET WHICH IS APPROVED BY THE BOARD AND DOCUMENTED AS SUCH IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WRITTEN REQUESTS MUST BE MADE DIRECTLY TO THE ORGANIZATION FOR REVIEW OF ITS DOCUMENTS. PERSONS MAKING THE REQUEST MAY BE ASKED TO VISIT THE OFFICE TO REVIEW THE DOCUMENTS OR THEY MAY BE MAILED A COPY OF THE REQUESTED DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
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 B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0136090
IRS990/TotalAssetsEOYAmt0161275
IRS990/TotalAssetsGrp/BOYAmt0136090
IRS990/TotalAssetsGrp/EOYAmt0161275
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0356673
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt033004
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt049525
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0159178
IRS990/TotalFunctionalExpensesGrp/TotalAmt0241707
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt068
IRS990/TotalLiabilitiesEOYAmt06075
IRS990/TotalLiabilitiesGrp/BOYAmt068
IRS990/TotalLiabilitiesGrp/EOYAmt06075
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0136022
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0155200
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0159178
IRS990/TotalProgramServiceRevenueAmt0725
IRS990/TotalReportableCompFromOrgAmt088117
IRS990/TotalRevenueGrp/ExclusionAmt0-96513
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0725
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0260885
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0136090
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0161275
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0849
IRS990/TravelGrp/ProgramServicesAmt02546
IRS990/TravelGrp/TotalAmt03395
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0136022
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0155200
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07750 ARBOR CREST WAY
IRS990/USAddress/CityNm0WEST PALM BEACH
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033412
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0HTTP://STUDENTACESFORLEADERSHIP.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JORGE MARTINEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05617191777
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STUDENT ACES INC
ReturnHeader/Filer/BusinessNameControlTxt0STUD
ReturnHeader/Filer/EIN0463081102
ReturnHeader/Filer/PhoneNum08505597612
ReturnHeader/Filer/USAddress/AddressLine1Txt07750 ARBOR CREST WAY
ReturnHeader/Filer/USAddress/CityNm0WEST PALM BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033412
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07D9A7044693110DA6C954646E7A75F4793771422
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId088E588888BCB77516767316F6A9D30E8CBD50B4B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.192.188.65
ReturnHeader/FilingSecurityInformation/IPDt02018-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm013:33:26
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0591488101
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LKD - CPAS & CONSULTANTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 UNIVERSITY BLVD SUITE 215
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JUPITER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033458
ReturnHeader/PreparerPersonGrp/PhoneNum05616941040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN T MULLER
ReturnHeader/ReturnTs02018-11-14T16:00:11-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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