Civic Intelligence

Acton Academy Foundation

990EZ • Fiscal year 2021 • EIN 47-4108671

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 09, 2022

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

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

8th percentile

-90%

Higher net margin than 8% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

98th percentile

$90,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 69.6% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

7th percentile

-59%

Faster asset growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

12th percentile

-65%

Faster revenue growth than 12% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$81,446

Down $116,615 (-59%) from 2020

Net Assets

Down

$81,446

Down $116,615 (-59%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin8th percentile

Revenue

Down

$129,400

Down $243,300 (-65%) from 2020

Expenses

Up

$246,015

Up $4,421 (+1.8%) from 2020

Net Income

Down

-$116,615

Down $247,721 (-189%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth7th 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

2021

Assets$81,446
Liabilities$0
Net Assets$81,446
Open 2021 Filing

Operations Trend

Revenue Growth12th 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

2021

Revenue$129,400
Expenses$246,015
Net Income-$116,615
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 9, 2022
Return Version
2021v4.0
Gross Receipts
$129,400
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.

Program Services

DescriptionGrantsExpenses
Acton Venture Fund accelerates the growth of the Acton Academy network. The program finds, funds, and supports exceptional Acton network entrepreneurs.-$68,644
Acton Learning Prizes & Innovation Awards celebrate excellence among the 300+ Acton Academy Network schools and encourage innovations to make Actons simpler, better, and less expensive to form.-$14,358
The Acton Summer Seminar inspires, equips, and connects Acton Academy network teachers and entrepreneurs from around the world.-$2,889
The Acton Childrens Business Fair of Washington, DC is a one-day event where children ages 6-14 become entrepreneurs for a day. Children create a business, sell to real customers, and keep the profits. Along the way, children learn about entrepreneurship but, more importantly, about themselves and what they are capable of.-$2,330
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David KirbyExecutive DirectorPT$90,000-$90,000
Nicole SpencerSecretaryPT$25,000-$25,000
Chad ThevenotDirector-$0--
Isaac MorehouseDirector-$0--
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-See Sch L Part Vshared occupancy/staffNo$82,444
Filing and Contact Details

Filer

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

Signing Officer

Name
David Kirby
Title
Executive Director
Signed
2022-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Tammy L Burrell CPA LLC
Address
1 Bradley Road Suite 205, Woodbridge, CT 06525
Preparer
Tammy L Burrell CPA
Phone
2037345989
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: Tuition Scholarships | Cash Amount Given: $13800”

Other Expenses.1001

“Advertising and Promotion $5524”

Other Expenses.1002

“Office Expenses $3396”

Other Expenses.1005

“Travel $418”

Other Expenses.1012

“Insurance $1698”

Other Expenses.1

“Special Projects Learning Inno $14358”

Raw XML Appendix176 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
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IRS990EZ/OtherExpensesTotalAmt025394
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Acton Childrens Business Fair of Washington, DC is a one-day event where children ages 6-14 become entrepreneurs for a day. Children create a business, sell to real customers, and keep the profits. Along the way, children learn about entrepreneurship but, more importantly, about themselves and what they are capable of.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1The Acton Summer Seminar inspires, equips, and connects Acton Academy network teachers and entrepreneurs from around the world.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Acton Venture Fund accelerates the growth of the Acton Academy network. The program finds, funds, and supports exceptional Acton network entrepreneurs.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Acton Learning Prizes & Innovation Awards celebrate excellence among the 300+ Acton Academy Network schools and encourage innovations to make Actons simpler, better, and less expensive to form.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02330
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt268644
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt314358
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0372700
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IRS990ScheduleA/SubstantialContributorsTotAmt0843050
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0129400
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01277480
IRS990ScheduleA/TotalSupportAmt01277480
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Acton Academy of Washingt
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt082444
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0shared occupancy/staff
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IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt013800
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 $82444.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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Tuition Scholarships | Cash Amount Given: $13800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $5524
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $3396
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $1698
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Special Projects Learning Inno $14358
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ReturnHeader/BusinessOfficerGrp/PersonNm0David Kirby
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Acton Academy DC Foundation
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ReturnHeader/Filer/EIN0474108671
ReturnHeader/Filer/PhoneNum02022552503
ReturnHeader/Filer/USAddress/AddressLine1Txt02422 K St NW
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ReturnHeader/Filer/USAddress/ZIPCd020037
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0872743778
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tammy L Burrell CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 Bradley Road Suite 205
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ReturnHeader/PreparerPersonGrp/PhoneNum02037345989
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tammy L Burrell CPA
ReturnHeader/ReturnTs02022-11-10T05:55:09-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0David
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Kirby
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$81,446
Liabilities
$0
Net assets
$81,446
Revenue
$129,400
Expenses
$246,015
Net income
-$116,615
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