Civic Intelligence

Acton Academy Foundation

990 • Fiscal year 2019 • EIN 47-4108671

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

Organization ProfileN/A
2422 K St NWWashington, DC 20037

(202) 255-2503

Siviq Scores

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

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

29th percentile

-5.8%

Higher net margin than 29% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

96th percentile

$75,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 21.8% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

22nd percentile

-18%

Faster asset growth than 22% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-15%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$71,414

Down $15,459 (-18%) from 2018

Net Assets

Down

$66,955

Down $19,918 (-23%) from 2018

Liabilities

Up

$4,459

Up $4,459 from 2018

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin29th percentile

Revenue

Down

$343,864

Down $61,375 (-15%) from 2018

Expenses

Up

$363,782

Up $39,522 (+12%) from 2018

Net Income

Down

-$19,918

Down $100,897 (-125%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$200K$100K$0-$100KAssets 2018: $86,873Liabilities 2018: $0Net Assets 2018: $86,8732018Assets 2019: $71,414Liabilities 2019: $4,459Net Assets 2019: $66,9552019Assets 2020: $198,061Liabilities 2020: $0Net Assets 2020: $198,0612020Assets 2021: $81,446Liabilities 2021: $0Net Assets 2021: $81,4462021Assets 2022: $35,518Liabilities 2022: $9,871Net Assets 2022: $25,6472022Assets 2023: $4,462Liabilities 2023: $8,108Net Assets 2023: -$3,6462023Assets 2024: $43,703Liabilities 2024: $74Net Assets 2024: $43,6292024

Highlighted filing

2019

Assets$71,414
Liabilities$4,459
Net Assets$66,955
Open 2019 Filing

Operations Trend

Revenue Growth28th percentile

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

$600K$400K$200K$0-$200KRevenue 2018: $405,239Expenses 2018: $324,260Net Income 2018: $80,9792018Revenue 2019: $343,864Expenses 2019: $363,782Net Income 2019: -$19,9182019Revenue 2020: $372,700Expenses 2020: $241,594Net Income 2020: $131,1062020Revenue 2021: $129,400Expenses 2021: $246,015Net Income 2021: -$116,6152021Revenue 2022: $221,139Expenses 2022: $276,938Net Income 2022: -$55,7992022Revenue 2023: $235,484Expenses 2023: $264,777Net Income 2023: -$29,2932023Revenue 2024: $137,942Expenses 2024: $90,669Net Income 2024: $47,2732024

Highlighted filing

2019

Revenue$343,864
Expenses$363,782
Net Income-$19,918
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$343,864
Mission and Program Overview

Mission

Our mission is to inspire children and parents to develop an entrepreneurial mindset, discover a calling, and change the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$86,873$71,414▼ $15,459
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$86,873$71,414▼ $15,459
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$4,459-
Total Liabilities$0$4,459▲ $4,459
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$86,873$66,955▼ $19,918
Total Net Assets Fund Balance$86,873$66,955▼ $19,918
Total Liabilities and Net Assets / Fund Balance$86,873$71,414▼ $15,459
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseTotal
David KirbyExecutive DirectorPT$75,000$75,000
Nicole SpencerSecretaryPT$15,000$15,000

Board Members and Trustees

NameTitle
Chad ThevenotDirector
Isaac MorehouseDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$337,000
Program Service Revenue
$6,864
Investment Income
$0
Other Revenue
$0
All Other Contributions
$337,000
Change in Net Assets
$-19,918
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$231,196
Salaries, Compensation, and Employee Benefits$122,586
Grants and Similar Amounts Paid$10,000
Total Fundraising Expense$5,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$152,943--$152,943
Current Officers, Directors, Trustees, and Key Employees$85,000-$5,000$90,000
Other Salaries and Wages$27,103--$27,103
Fees for Services Other$25,577--$25,577
Conferences and Meetings$16,951--$16,951
Advertising$12,332--$12,332
Grants to Domestic Orgs$10,000--$10,000
Travel$5,839--$5,839
Payroll Taxes$5,483--$5,483
Office Expenses$3,663--$3,663
Fees for Services Legal-$3,500-$3,500
Information Technology$1,983--$1,983
Insurance$1,862--$1,862
Fees for Services Accounting-$1,500-$1,500
Other Expenses$435--$435
Total Functional Expenses$353,782$5,000$5,000$363,782
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Acton Academy of Washington DWashington, DC-Tuition Scholarships$10,000
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-See Sch L Part Vshared occupancy/staffNo$60,452

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Nicole Spencer and David Kirby who are both directors are married. See Schedule L for further explanation of business relationship.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The draft form 990 is reviewed by the Executive Director, all board members and outside legal counsel before being filed.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Executives and board members complete an annual conflict policy certification. The policy is reviewed, monitored and enforced by the board of directors.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The independent board members review the compensation of the executive director. They discuss, approve and document the factors considered in the determination of compensation.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The independent board members review the compensation of the officers and any key employees. They discuss, approve and document the factors considered in the determination of compensation.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Acton Academy Foundation
EIN
47-4108671
Phone
2022552503
Address
2422 K St NW, Washington, DC 20037

Signing Officer

Name
David Kirby
Title
Executive Director
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Kirby
Formed
2015
Legal Domicile
Dc
Voting Board Members
4
Independent Board Members
2
Employees
2

Preparer

Firm
Tomasella Schlitter Burrell PC
Address
64 Clifton Avenue, Ansonia, CT 06401
Preparer
Tammy L Burrell CPA
Phone
2037345989
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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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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Tuition Scholarships
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Acton Academy of Washington D
IRS990ScheduleI/RecipientTable/RecipientEIN0465576404
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02422 K St NW
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Washington
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0DC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020037
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0cash
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Acton Academy Foundation staff receives scholarship requests, review and make recommendations. Independent board members review and approve scholarships consistent with Acton Academy Foundation's mission.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Acton Academy of Washingt
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0See Sch L Part V
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt060452
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0shared occupancy/staff
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0Scholarship
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt010000
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0Acton Academy of Washingt
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0owned35% Kirby&Spencer
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0student tuition
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0Supplement to questions Part IVThe Acton Academy of Washington DC is owned more than 35% by David Kirby and more than 35% by Nicole Spencer. The Acton Academy Foundation and Acton Academy of Washington DC share occupancy and staff. The total dollar amount of the transactions for the year is $60452.All transactions that involve Acton Academy Foundation and Acton Academy of Washington DC are documented, reviewed, and approved by independent board members in accordance with IRS safe harbor procedures.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Nicole Spencer and David Kirby who are both directors are married. See Schedule L for further explanation of business relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The draft form 990 is reviewed by the Executive Director, all board members and outside legal counsel before being filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Executives and board members complete an annual conflict policy certification. The policy is reviewed, monitored and enforced by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The independent board members review the compensation of the executive director. They discuss, approve and document the factors considered in the determination of compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The independent board members review the compensation of the officers and any key employees. They discuss, approve and document the factors considered in the determination of compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt086873
IRS990/TotalAssetsEOYAmt071414
IRS990/TotalAssetsGrp/BOYAmt086873
IRS990/TotalAssetsGrp/EOYAmt071414
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0337000
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05000
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05000
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0353782
IRS990/TotalFunctionalExpensesGrp/TotalAmt0363782
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt04459
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt04459
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt086873
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt066955
IRS990/TotalProgramServiceExpensesAmt0353782
IRS990/TotalProgramServiceRevenueAmt06864
IRS990/TotalReportableCompFromOrgAmt090000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06864
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0343864
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt086873
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt071414
IRS990/TravelGrp/ProgramServicesAmt05839
IRS990/TravelGrp/TotalAmt05839
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02422 K St NW
IRS990/USAddress/CityNm0Washington
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020037
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0David Kirby
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Acton Academy Foundation
ReturnHeader/Filer/BusinessNameControlTxt0ACTO
ReturnHeader/Filer/EIN0474108671
ReturnHeader/Filer/PhoneNum02022552503
ReturnHeader/Filer/USAddress/AddressLine1Txt02422 K St NW
ReturnHeader/Filer/USAddress/CityNm0Washington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020037
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061004093
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tomasella Schlitter Burrell PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt064 Clifton Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ansonia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006401
ReturnHeader/PreparerPersonGrp/PhoneNum02037345989
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tammy L Burrell CPA
ReturnHeader/ReturnTs02020-11-13T13:40:12-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$71,414
Liabilities
$4,459
Net assets
$66,955
Revenue
$343,864
Expenses
$363,782
Net income
-$19,918
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$1.38$0.91$0.47
2023Detailed filing. Detailed filing data is available for this year.$0.04$0.08$0.04$2.35$2.65$0.29
2022Detailed filing. Detailed filing data is available for this year.$0.36$0.10$0.26$2.21$2.77$0.56
2021Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$1.29$2.46$1.17
2020Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$3.73$2.42$1.31
2019Detailed filing. Detailed filing data is available for this year.$0.71$0.04$0.67$3.44$3.64$0.20
2018Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$4.05$3.24$0.81