Civic Intelligence

Learning Lodge Academy Inc.

990 • Fiscal year 2020 • EIN 46-4539818

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 13, 2021

5844 Pine Hill RoadPort Richey, FL 34668

(727) 389-0067

Siviq Scores

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

Liabilities / Assets

94th percentile

1.07x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

0.69x

Higher debt load relative to revenue than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

21st percentile

-12%

Higher net margin than 21% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

61st percentile

12%

Faster asset growth than 61% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

69th percentile

14%

Faster revenue growth than 69% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,347,785

Up $139,618 (+12%) from 2019

Net Assets

Down

-$94,283

Down $249,576 (-161%) from 2019

Liabilities

Up

$1,442,068

Up $389,194 (+37%) from 2019

Revenue

Up

$2,100,549

Up $251,048 (+14%) from 2019

Expenses

Up

$2,350,125

Up $254,675 (+12%) from 2019

Net Income

Down

-$249,576

Down $3,627 (-1.5%) from 2019

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-$2.0MAssets 2015: $329,316Liabilities 2015: $115,811Net Assets 2015: $213,5052015Assets 2016: $627,314Liabilities 2016: $279,514Net Assets 2016: $347,8002016Assets 2017: $1,022,014Liabilities 2017: $570,161Net Assets 2017: $451,8532017Assets 2018: $1,296,744Liabilities 2018: $846,736Net Assets 2018: $450,0082018Assets 2019: $1,208,167Liabilities 2019: $1,052,874Net Assets 2019: $155,2932019Assets 2020: $1,347,785Liabilities 2020: $1,442,068Net Assets 2020: -$94,2832020Assets 2021: $1,836,750Liabilities 2021: $1,598,741Net Assets 2021: $238,0092021Assets 2022: $4,148,753Liabilities 2022: $4,019,209Net Assets 2022: $129,5442022Assets 2023: $4,137,573Liabilities 2023: $4,234,029Net Assets 2023: -$96,4562023Assets 2024: $3,672,198Liabilities 2024: $4,381,443Net Assets 2024: -$709,2452024Assets 2025: $3,819,355Liabilities 2025: $4,326,559Net Assets 2025: -$507,2042025

Highlighted filing

2020

Assets$1,347,785
Liabilities$1,442,068
Net Assets-$94,283

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2015: $1,361,571Expenses 2015: $1,148,066Net Income 2015: $213,5052015Revenue 2016: $1,961,819Expenses 2016: $1,827,524Net Income 2016: $134,2952016Revenue 2017: $1,816,134Expenses 2017: $1,753,011Net Income 2017: $63,1232017Revenue 2018: $1,963,806Expenses 2018: $1,965,651Net Income 2018: -$1,8452018Revenue 2019: $1,849,501Expenses 2019: $2,095,450Net Income 2019: -$245,9492019Revenue 2020: $2,100,549Expenses 2020: $2,350,125Net Income 2020: -$249,5762020Revenue 2021: $3,027,700Expenses 2021: $2,695,408Net Income 2021: $332,2922021Revenue 2022: $2,575,782Expenses 2022: $2,684,247Net Income 2022: -$108,4652022Revenue 2023: $2,496,342Expenses 2023: $2,722,342Net Income 2023: -$226,0002023Revenue 2024: $2,829,215Expenses 2024: $3,442,004Net Income 2024: -$612,7892024Revenue 2025: $3,187,342Expenses 2025: $2,985,301Net Income 2025: $202,0412025

Highlighted filing

2020

Revenue$2,100,549
Expenses$2,350,125
Net Income-$249,576
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 13, 2021
Return Version
2019v5.1
Gross Receipts
$2,131,997
Mission and Program Overview

Mission

To operate a public charter school in pasco county, florida.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$249,822$631,669▲ $381,847
Land, Buildings, and Equipment, Net$105,286$31,128▼ $74,158
Pd in Cap Srpls Land Bldg Eqp Fund$105,286$31,128▼ $74,158
Accounts Receivable$30,736--
Pledges and Grants Receivable$58,489$3,452▼ $55,037
Rtn Earn Endowment Incm Other Fnds$50,007$-125,411▼ $175,418
Total Assets$1,208,167$1,347,785▲ $139,618
Other Assets Total$763,834$681,536▼ $82,298
Liabilities
Other Liabilities$1,029,074$1,157,523▲ $128,449
Unsecured Notes Loans Payable-$267,101-
Accounts Payable and Accrued Expenses$23,800$17,444▼ $6,356
Total Liabilities$1,052,874$1,442,068▲ $389,194
Net Assets / Fund Balance
Total Net Assets Fund Balance$155,293$-94,283▼ $249,576
Total Liabilities and Net Assets / Fund Balance$1,208,167$1,347,785▲ $139,618

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,128$168,130-
Other Assets Org$681,536--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cinnemon WienhauerPresident/secretary
Jon WisenbakerMember
Kerrie CuffePrincipal
Jill NielsenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,109,498
Investment Income
$-31,448
Other Revenue
$22,499
Change in Net Assets
$-249,576
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,350,125
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
All Other Expenses$511,853$218,774$0$730,627
Depreciation Depletion$42,710$0$0$42,710
Other Expenses$0$5,756$0$5,756
Total Functional Expenses$2,125,595$224,530$0$2,350,125
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$1,087,032
Deferred Inflows Related to Pensions$70,491
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Learning Lodge Academy Inc
EIN
46-4539818
Phone
7273890067
Address
5844 PINE HILL ROAD, PORT RICHEY, FL 34668

Signing Officer

Name
Cinnemon Weinhauer
Title
President/secretary
Phone
7273890067
Signed
2021-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cinnemon Weinhauer
Formed
2013
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
35
Volunteers
20

Preparer

Firm
Robert Walker CPA PA
Address
2803 W Busch Blvd Ste 106, Tampa, FL 33618
Preparer
Robert Walker CPA
Phone
8136248643
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The 990 is prepared by an independent cpa firm and a draft is provided to the finance committee for review. The final draft is provided to the board for approval.

Pt VI, Line 12C

At each board meeting, the agenda is notated to remind board members to recuse from voting on any item that may be a conflict of interest.

Pt VI, Line 15B

The principal is paid in accordance with the school district's pay scale.

Pt XI

The School participates in the Florida Retirement System (FRS) defined benefit pension plan and the Health Insurance Subsidy (HIS) defined benefit plan administered by Florida Division of Retirement. Deferred outflows of resources related to pensions and to the Schools contributions subsequent to the measurement date was incorrectly reported in the prior fiscal year. To account for this error, the beginning net position of $347,800, as previously reported, has been increased by $40,930, to a beginning net position of $388,730. This represents the Schools contributions subsequent to the prior measurement date as of June 30, 2016.

Form 990, Part IX, Line 24E

General administration 83314. 0. 83314. 0.

Form 990, Part IX, Line 24E

School administration 270920. 135460. 135460. 0.

Form 990, Part IX, Line 24E

Facilities 123641. 123641. 0. 0.

Form 990, Part IX, Line 24E

Fiscal services 11751. 11751. 0. 0.

Form 990, Part IX, Line 24E

Food services 3994. 3994. 0. 0.

Form 990, Part IX, Line 24E

Operation of plant 184806. 184806. 0. 0.

Form 990, Part IX, Line 24E

Community services 49558. 49558. 0. 0.

Form 990, Part IX, Line 24E

Instruction & curriculum development 2643. 2643. 0. 0.

Financial Statement Notes

Pt X, Line 2

The School is exempt from Federal tax under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been included in the accompanying financial statements. Additionally, no uncertain tax positions have been made requiring disclosure in the related note to financial statements. The Schools income tax returns for the past three years are subject to examination by tax authorities and may change upon examination.

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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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IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0RECEIVES GRANTS THROUGH THE FLORIDA DEPT OF EDUCATION
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PUBLICIZES THEIR RACIALLY NON-DISCRIMINATORY POLICY THROUGH NEWSPAPER, DIRECT MAILINGS, OPEN HOUSES, AND OTHER MATERIALS REGARDING THE SCHOOL. NA
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND A DRAFT IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW. THE FINAL DRAFT IS PROVIDED TO THE BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT EACH BOARD MEETING, THE AGENDA IS NOTATED TO REMIND BOARD MEMBERS TO RECUSE FROM VOTING ON ANY ITEM THAT MAY BE A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRINCIPAL IS PAID IN ACCORDANCE WITH THE SCHOOL DISTRICT'S PAY SCALE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The School participates in the Florida Retirement System (FRS) defined benefit pension plan and the Health Insurance Subsidy (HIS) defined benefit plan administered by Florida Division of Retirement. Deferred outflows of resources related to pensions and to the Schools contributions subsequent to the measurement date was incorrectly reported in the prior fiscal year. To account for this error, the beginning net position of $347,800, as previously reported, has been increased by $40,930, to a beginning net position of $388,730. This represents the Schools contributions subsequent to the prior measurement date as of June 30, 2016.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GENERAL ADMINISTRATION 83314. 0. 83314. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SCHOOL ADMINISTRATION 270920. 135460. 135460. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FACILITIES 123641. 123641. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FISCAL SERVICES 11751. 11751. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FOOD SERVICES 3994. 3994. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9OPERATION OF PLANT 184806. 184806. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10COMMUNITY SERVICES 49558. 49558. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11INSTRUCTION & CURRICULUM DEVELOPMENT 2643. 2643. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0LEARNING LODGE ACADEMY INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0LITTLE LODGE ACADEMY LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0371787041
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0150741
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0DAYCARE
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0188206
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt05844 PINE HILL DRIVE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0PORT RICHEY
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd034668
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01208167
IRS990/TotalAssetsEOYAmt01347785
IRS990/TotalAssetsGrp/BOYAmt01208167
IRS990/TotalAssetsGrp/EOYAmt01347785
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt035
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0224530
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02125595
IRS990/TotalFunctionalExpensesGrp/TotalAmt02350125
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01052874
IRS990/TotalLiabilitiesEOYAmt01442068
IRS990/TotalLiabilitiesGrp/BOYAmt01052874
IRS990/TotalLiabilitiesGrp/EOYAmt01442068
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0155293
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-94283
IRS990/TotalProgramServiceExpensesAmt02125595
IRS990/TotalProgramServiceRevenueAmt02109498
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02100549
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02100549
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01208167
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01347785
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0267101
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05844 PINE HILL RD
IRS990/USAddress/CityNm0PORT RICHEY
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034668
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0https://www.learninglodgeacademy.com/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CINNEMON WEINHAUER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum07273890067
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEARNING LODGE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0LEAR
ReturnHeader/Filer/EIN0464539818
ReturnHeader/Filer/PhoneNum07273890067
ReturnHeader/Filer/USAddress/AddressLine1Txt05844 PINE HILL ROAD
ReturnHeader/Filer/USAddress/CityNm0PORT RICHEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034668
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Robert Walker CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02803 W Busch Blvd Ste 106
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Tampa
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033618
ReturnHeader/PreparerPersonGrp/PhoneNum08136248643
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert Walker CPA
ReturnHeader/ReturnTs02021-01-13T06:17:46-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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