Civic Intelligence

Literacy Leadership Technology Academy Inc

990 • Fiscal year 2017 • EIN 47-0948628

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 06, 2017

6771 Madison AveTampa, FL 33619

(813) 234-0940

Siviq Scores

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

Liabilities / Assets

58th percentile

0.15x

Higher debt load relative to assets than 58% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

32nd percentile

0.03x

Higher debt load relative to revenue than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

47th percentile

2.2%

Higher net margin than 47% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

79th percentile

$129,192

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

53rd percentile

4.2%

Faster asset growth than 53% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

44th percentile

2.1%

Faster revenue growth than 44% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,018,964

Up $41,248 (+4.2%) from 2016

Net Assets

Up

$865,767

Up $96,951 (+13%) from 2016

Liabilities

Down

$153,197

Down $55,703 (-27%) from 2016

Revenue

Up

$4,508,299

Up $94,184 (+2.1%) from 2016

Expenses

Up

$4,411,348

Up $55,842 (+1.3%) from 2016

Net Income

Up

$96,951

Up $38,342 (+65%) from 2016

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2011: $349,145Liabilities 2011: $98,578Net Assets 2011: $250,5672011Assets 2012: $327,484Liabilities 2012: $46,658Net Assets 2012: $280,8262012Assets 2013: $254,316Liabilities 2013: $63,796Net Assets 2013: $190,5202013Assets 2014: $673,228Liabilities 2014: $141,773Net Assets 2014: $531,4552014Assets 2015: $836,599Liabilities 2015: $126,392Net Assets 2015: $710,2072015Assets 2016: $977,716Liabilities 2016: $208,900Net Assets 2016: $768,8162016Assets 2017: $1,018,964Liabilities 2017: $153,197Net Assets 2017: $865,7672017Assets 2018: $995,609Liabilities 2018: $83,068Net Assets 2018: $912,5412018Assets 2019: $1,181,051Liabilities 2019: $62,083Net Assets 2019: $1,118,9682019Assets 2020: $17,328,256Liabilities 2020: $16,793,087Net Assets 2020: $535,1692020Assets 2021: $16,304,491Liabilities 2021: $16,347,317Net Assets 2021: -$42,8262021Assets 2022: $18,669,909Liabilities 2022: $18,477,319Net Assets 2022: $192,5902022Assets 2023: $18,495,388Liabilities 2023: $17,983,083Net Assets 2023: $512,3052023

Highlighted filing

2017

Assets$1,018,964
Liabilities$153,197
Net Assets$865,767

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $1,855,0002011Expenses 2012: $2,077,3472012Revenue 2013: $2,004,204Expenses 2013: $2,094,510Net Income 2013: -$90,3062013Revenue 2014: $3,645,139Expenses 2014: $3,304,204Net Income 2014: $340,9352014Revenue 2015: $3,895,330Expenses 2015: $3,716,578Net Income 2015: $178,7522015Revenue 2016: $4,414,115Expenses 2016: $4,355,506Net Income 2016: $58,6092016Revenue 2017: $4,508,299Expenses 2017: $4,411,348Net Income 2017: $96,9512017Revenue 2018: $4,614,885Expenses 2018: $4,568,111Net Income 2018: $46,7742018Revenue 2019: $5,289,232Expenses 2019: $5,082,805Net Income 2019: $206,4272019Revenue 2020: $5,073,120Expenses 2020: $5,656,918Net Income 2020: -$583,7982020Revenue 2021: $9,710,296Expenses 2021: $10,264,556Net Income 2021: -$554,2602021Revenue 2022: $10,853,276Expenses 2022: $10,493,381Net Income 2022: $359,8952022Revenue 2023: $12,685,628Expenses 2023: $12,664,559Net Income 2023: $21,0692023

Highlighted filing

2017

Revenue$4,508,299
Expenses$4,411,348
Net Income$96,951
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 6, 2017
Return Version
2016v3.0
Gross Receipts
$4,511,032
Mission and Program Overview

Mission

To provide an educational program with enhanced scholastic momentum.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$540,596$633,310▲ $92,714
Cash and Non-Interest-Bearing Accounts$547,739$615,428▲ $67,689
Land, Buildings, and Equipment, Net$412,079$382,969▼ $29,110
Pd in Cap Srpls Land Bldg Eqp Fund$228,220$232,457▲ $4,237
Pledges and Grants Receivable$8,958$14,202▲ $5,244
Prepaid Expenses and Deferred Charges$8,940$6,365▼ $2,575
Total Assets$977,716$1,018,964▲ $41,248
Liabilities
Other Liabilities$183,859$150,512▼ $33,347
Accounts Payable and Accrued Expenses$25,041$2,685▼ $22,356
Total Liabilities$208,900$153,197▼ $55,703
Net Assets / Fund Balance
Total Net Assets Fund Balance$768,816$865,767▲ $96,951
Total Liabilities and Net Assets / Fund Balance$977,716$1,018,964▲ $41,248

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$53,620$60,245-
Leasehold Improvements$329,349$252,103-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lesley LoganCEO/principalFT$129,192$129,192

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
6771 Madison AveFacility Lease6139 KESTRELRIDGE, Lithia, FL 33547$533,453
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,322,986
Investment Income
$0
Other Revenue
$185,313
Change in Net Assets
$96,951
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,411,348
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$1,627,929$452,679$0$2,080,608
Depreciation Depletion$64,156$0$0$64,156
Interest$11,842$0$0$11,842
Other Expenses$0$8,419$0$8,419
Total Functional Expenses$3,950,250$461,098$0$4,411,348
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$21,727
Fundraising Direct Expenses$2,733
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fun Run$21,727$21,727$2,733$18,994
Total Events$21,727$21,727$2,733$18,994
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Leases Payable$99,341
Notes Payable$51,171
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
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
Literacy Leadership Technology Academy Inc
EIN
47-0948628
Phone
8132340940
Address
6771 MADISON AVE, TAMPA, FL 33619

Signing Officer

Name
James Eggert
Title
Chairman
Phone
8132340940
Signed
2017-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Eggert
Formed
2004
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
73
Volunteers
15

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 990 is provided to the board prior to 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.

Form 990, Part IX, Line 24E

School district admin fee 86985. 0. 86985. 0.

Form 990, Part IX, Line 24E

School administration 731388. 365694. 365694. 0.

Form 990, Part IX, Line 24E

Facilities acq & const 591150. 591150. 0. 0.

Form 990, Part IX, Line 24E

Food services 8064. 8064. 0. 0.

Form 990, Part IX, Line 24E

Operation of plant 197370. 197370. 0. 0.

Form 990, Part IX, Line 24E

Maintenance of plant 157883. 157883. 0. 0.

Form 990, Part IX, Line 24E

Community service 303294. 303294. 0. 0.

Form 990, Part IX, Line 24E

Pupil personnel services 4474. 4474. 0. 0.

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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/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOLS PUBLICIZE IT RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPERS AND ITS WEBSITE. NA
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1RECEIVES GRANTS THROUGH THE FLORIDA DEPARTMENT OF EDUCATION
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02733
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUN RUN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt021727
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt021727
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt021727
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt021727
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt018994
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02733
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02733
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 990 IS PROVIDED TO THE BOARD PRIOR TO 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/ExplanationTxt3SCHOOL DISTRICT ADMIN FEE 86985. 0. 86985. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SCHOOL ADMINISTRATION 731388. 365694. 365694. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FACILITIES ACQ & CONST 591150. 591150. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FOOD SERVICES 8064. 8064. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OPERATION OF PLANT 197370. 197370. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MAINTENANCE OF PLANT 157883. 157883. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9COMMUNITY SERVICE 303294. 303294. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10PUPIL PERSONNEL SERVICES 4474. 4474. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
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
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0977716
IRS990/TotalAssetsEOYAmt01018964
IRS990/TotalAssetsGrp/BOYAmt0977716
IRS990/TotalAssetsGrp/EOYAmt01018964
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt073
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0461098
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03950250
IRS990/TotalFunctionalExpensesGrp/TotalAmt04411348
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0208900
IRS990/TotalLiabilitiesEOYAmt0153197
IRS990/TotalLiabilitiesGrp/BOYAmt0208900
IRS990/TotalLiabilitiesGrp/EOYAmt0153197
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0768816
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0865767
IRS990/TotalProgramServiceExpensesAmt03950250
IRS990/TotalProgramServiceRevenueAmt04322986
IRS990/TotalReportableCompFromOrgAmt0129192
IRS990/TotalRevenueGrp/ExclusionAmt018994
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04489305
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04508299
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0977716
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01018964
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06771 MADISON AVE
IRS990/USAddress/CityNm0TAMPA
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033619
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0LLTACADEMY.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES EGGERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08132340940
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LITERACY LEADERSHIP TECHNOLOGY ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0LITE
ReturnHeader/Filer/EIN0470948628
ReturnHeader/Filer/PhoneNum08132340940
ReturnHeader/Filer/USAddress/AddressLine1Txt06771 MADISON AVE
ReturnHeader/Filer/USAddress/CityNm0TAMPA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033619
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09BE78A63B2B994BB80C42D3444308D342F792DD2
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId037D01614BBCBDEC9C1CEABF1223555DD313F2831
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.205.11.235
ReturnHeader/FilingSecurityInformation/IPDt02018-01-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm007:03:49
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/ReturnTs02018-01-09T07:03:54-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$18.5$18.0$0.51$12.7$12.7$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.7$18.5$0.19$10.9$10.5$0.36
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.3$16.3$0.04$9.71$10.3$0.55
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$16.8$0.54$5.07$5.66$0.58
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.06$1.12$5.29$5.08$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.08$0.91$4.61$4.57$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.02$0.15$0.87$4.51$4.41$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.21$0.77$4.41$4.36$0.06
2015Summary only. Only limited summary data is available for this year.$0.84$0.13$0.71$3.90$3.72$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.14$0.53$3.65$3.30$0.34
2013Summary only. Only limited summary data is available for this year.$0.25$0.06$0.19$2.00$2.09$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.05$0.28$2.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.10$0.25$1.86