Civic Intelligence

Believers Academy Inc.

990 • Fiscal year 2015 • EIN 51-0542866

Jul 01, 2014 to Jun 30, 2015 • Filed on Dec 10, 2015

Organization ProfileWWW.BELIEVERSACADEMYINC.ORG
5840 Corporate Way Suite 100West Palm Beach, FL 33407

(561) 340-2507

Siviq Scores

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

Liabilities / Assets

60th percentile

0.19x

Higher debt load relative to assets than 60% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

43rd percentile

0.07x

Higher debt load relative to revenue than 43% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

55th percentile

4.5%

Higher net margin than 55% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

81st percentile

$138,238

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

74th percentile

11%

Faster asset growth than 74% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

50th percentile

3.5%

Faster revenue growth than 50% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$644,348

Up $65,126 (+11%) from 2014

Net Assets

Up

$518,948

Up $75,336 (+17%) from 2014

Liabilities

Down

$125,400

Down $10,210 (-7.5%) from 2014

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin55th percentile

Revenue

Up

$1,680,549

Up $56,732 (+3.5%) from 2014

Expenses

Up

$1,605,213

Up $62,829 (+4.1%) from 2014

Net Income

Down

$75,336

Down $6,097 (-7.5%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $547,447Liabilities 2011: $77,654Net Assets 2011: $469,7932011Assets 2012: $544,155Liabilities 2012: $77,803Net Assets 2012: $466,3522012Assets 2013: $509,563Liabilities 2013: $147,384Net Assets 2013: $362,1792013Assets 2014: $579,222Liabilities 2014: $135,610Net Assets 2014: $443,6122014Assets 2015: $644,348Liabilities 2015: $125,400Net Assets 2015: $518,9482015Assets 2016: $606,616Liabilities 2016: $131,657Net Assets 2016: $474,9592016Assets 2017: $661,023Liabilities 2017: $120,024Net Assets 2017: $540,9992017Assets 2018: $634,786Liabilities 2018: $94,996Net Assets 2018: $539,7902018Assets 2019: $633,539Liabilities 2019: $103,127Net Assets 2019: $530,4122019Assets 2020: $963,327Liabilities 2020: $330,871Net Assets 2020: $632,4562020Assets 2021: $1,332,397Liabilities 2021: $119,655Net Assets 2021: $1,212,7422021Assets 2022: $1,664,864Liabilities 2022: $684,905Net Assets 2022: $979,9592022Assets 2023: $1,510,864Liabilities 2023: $458,290Net Assets 2023: $1,052,5742023Assets 2024: $1,555,468Liabilities 2024: $289,690Net Assets 2024: $1,265,7782024Assets 2025: $1,915,971Liabilities 2025: $783,331Net Assets 2025: $1,132,6402025

Highlighted filing

2015

Assets$644,348
Liabilities$125,400
Net Assets$518,948
Open 2015 Filing

Operations Trend

Revenue Growth50th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,281,3992011Expenses 2012: $1,358,7032012Expenses 2013: $1,501,3452013Revenue 2014: $1,623,817Expenses 2014: $1,542,384Net Income 2014: $81,4332014Revenue 2015: $1,680,549Expenses 2015: $1,605,213Net Income 2015: $75,3362015Revenue 2016: $1,571,275Expenses 2016: $1,615,264Net Income 2016: -$43,9892016Revenue 2017: $1,592,420Expenses 2017: $1,526,380Net Income 2017: $66,0402017Revenue 2018: $1,605,885Expenses 2018: $1,607,093Net Income 2018: -$1,2082018Revenue 2019: $1,713,194Expenses 2019: $1,722,572Net Income 2019: -$9,3782019Revenue 2020: $1,784,223Expenses 2020: $1,682,179Net Income 2020: $102,0442020Revenue 2021: $2,105,906Expenses 2021: $1,525,620Net Income 2021: $580,2862021Revenue 2022: $1,656,325Expenses 2022: $1,889,108Net Income 2022: -$232,7832022Revenue 2023: $1,877,382Expenses 2023: $1,804,766Net Income 2023: $72,6162023Revenue 2024: $1,976,539Expenses 2024: $1,763,335Net Income 2024: $213,2042024Revenue 2025: $1,711,765Expenses 2025: $1,844,903Net Income 2025: -$133,1382025

Highlighted filing

2015

Revenue$1,680,549
Expenses$1,605,213
Net Income$75,336
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Dec 10, 2015
Return Version
2014v5.0
Gross Receipts
$1,680,549
Mission and Program Overview

Mission

Believers academy is dedicated to ese students aged fourteen to twenty-one who are at risk of dropping out of their schools due to persistent lack of success in that environment. The main goal of believers academy is to reduce reading and math deficits while building vocational skills. Each student will obtain and maintain employment. Through these accomplishments, each student will increase their self-esteem and become a productive citizen.

Believers academy is dedicated to ese students who are at risk of dropping out of their schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$443,943$549,085▲ $105,142
Rtn Earn Endowment Incm Other Fnds$443,612$518,948▲ $75,336
Land, Buildings, and Equipment, Net$80,365$59,201▼ $21,164
Prepaid Expenses and Deferred Charges$54,914$36,062▼ $18,852
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$579,222$644,348▲ $65,126
Liabilities
Accounts Payable and Accrued Expenses$89,360$94,150▲ $4,790
Other Liabilities$46,250$31,250▼ $15,000
Total Liabilities$135,610$125,400▼ $10,210
Net Assets / Fund Balance
Total Net Assets Fund Balance$443,612$518,948▲ $75,336
Total Liabilities and Net Assets / Fund Balance$579,222$644,348▲ $65,126

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,343$196,003$203,346
Leasehold Improvements$31,250$43,750$75,000
Other Land Buildings$20,608$5,451$26,059
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lori DyerAcademic DirectorFT$121,678$16,560$138,238

Board Members and Trustees

NameTitle
Melissa SmithPresident
Adam GellisVice President
Gigi EnglishSecretary
Bruce FowlerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$176,031
Program Service Revenue
$1,501,954
Investment Income
$2,564
Other Revenue
$0
Change in Net Assets
$75,336

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,680,549
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$41,789
Total Revenue per Audited Statements
$1,722,338
Total Revenue per Form 990
$1,680,549
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,125,625
Other Expenses$479,588
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$671,196$79,573-$750,769
Occupancy$187,384$25,248-$212,632
Current Officers, Directors, Trustees, and Key Employees$52,530$85,708-$138,238
Other Employee Benefits$78,614$16,620-$95,234
Fees for Services Other$70,233$12,099-$82,332
Payroll Taxes$60,160$13,904-$74,064
Pension Plan Contributions$46,144$21,176-$67,320
Office Expenses$49,192$6,794-$55,986
Fees for Services Accounting$38,604$4,289-$42,893
Insurance$23,436$4,371-$27,807
Depreciation Depletion$20,057$4,620-$24,677
Other Expenses$1,673$499-$2,172
Total Functional Expenses$1,330,312$274,901$0$1,605,213

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,647,002
Expenses per Audited Statements$1,605,213
Total Expenses per Form 990$1,605,213
Expenses Not Reported on Form 990$41,789
Expenses Not Reported on Financial Statements$0
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
Deferred Tenant Allowance$31,250
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“Operations director, mark manners, the school's accounting services provider, cyndee zeck, and the board of directors jointly review form 990 for completeness and accuracy. If any questions arise, the preparers are contacted for further explanation. Once the review has been completed, form 990 is signed and filed with the internal revenue service.”

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

“Board members are required to report conflicts of interest as they become apparent.”

Form 990, Part VI, Section B, Line 15

“The board of directors contract with and determine the salaries of the academic and operations directors. The board reviews the salaries and benefits provided to the principals and administrators of the local school district and uses this as a basis for determining compensation. Compensation is also affected by the board's review of budget and student performance.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The conflict of interest policy and financial statements are reviewed by the board and are disclosed in advertised public meetings.”

Filing and Contact Details

Filer

Filer Name
Believers Academy Inc
EIN
51-0542866
Phone
5613402507
Address
5840 CORPORATE WAY SUITE 100, WEST PALM BEACH, FL 33407

Signing Officer

Name
Melissa Smith
Title
President
Phone
5613402507
Signed
2015-12-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Manners
Formed
2005
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
17
Volunteers
7

Preparer

Firm
Bkhm Pa
Address
1560 ORANGE AVENUE SUITE 600, WINTER PARK, FL 32789
Preparer
Bradford S Beemer
Phone
4079989000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The school is an organization exempt from income taxation under section 501(a) as an entity described in section 501(c)(3) of the internal revenue code of 1986, as amended. Accordingly, no provision for federal income taxes is included in the accompanying financial statements. The school has adopted guidance related to accounting for uncertainty in income taxes, which prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position that an entity takes or expects to take in a tax return. This guidance is applicable to not-for-profit organizations that may be conducting unrelated business activities, which are potentially subject to income taxes, including state income taxes. The school assesses its income tax positions, including its continuing tax status as a not-for-profit entity, and recognizes tax benefits only to the extent that the school believes it is "more likely than not" that its tax positions will be sustained upon an examination by the internal revenue service ("irs") or the applicable state taxing authority. Accordingly, there is no provision for federal income taxes in the school's financial statements, as the school believes all tax positions, including its continuing status as a not-for-profit entity, have a greater than 50% chance of realization in the event of an irs audit. State income taxes, which may be due in certain jurisdictions, have been assessed following the same "more likely than not" measurement threshold. With few exceptions, the school is no longer subject to u.s. Federal, state and local income tax examinations by tax authorities for years before 2011.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Passthrough admin fees 41,789.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Passthrough admin fees 41,789.”

Raw XML Appendix380 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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IRS990/PYOtherExpensesAmt0449678
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01447155
IRS990/PYRevenuesLessExpensesAmt081433
IRS990/PYSalariesCompEmpBnftPaidAmt01092706
IRS990/PYTotalExpensesAmt01542384
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01623817
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt075336
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01501954
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0443612
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0518948
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt07343
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0196003
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0203346
IRS990ScheduleD/ExpensesNotReportedAmt041789
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01605213
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt031250
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt043750
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt075000
IRS990ScheduleD/OtherExpensesIncludedAmt041789
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt020608
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05451
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt026059
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt031250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED TENANT ALLOWANCE
IRS990ScheduleD/OtherRevenueAmt041789
IRS990ScheduleD/RevenueNotReportedAmt041789
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01680549
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS AN ORGANIZATION EXEMPT FROM INCOME TAXATION UNDER SECTION 501(A) AS AN ENTITY DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL HAS ADOPTED GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION THAT AN ENTITY TAKES OR EXPECTS TO TAKE IN A TAX RETURN. THIS GUIDANCE IS APPLICABLE TO NOT-FOR-PROFIT ORGANIZATIONS THAT MAY BE CONDUCTING UNRELATED BUSINESS ACTIVITIES, WHICH ARE POTENTIALLY SUBJECT TO INCOME TAXES, INCLUDING STATE INCOME TAXES. THE SCHOOL ASSESSES ITS INCOME TAX POSITIONS, INCLUDING ITS CONTINUING TAX STATUS AS A NOT-FOR-PROFIT ENTITY, AND RECOGNIZES TAX BENEFITS ONLY TO THE EXTENT THAT THE SCHOOL BELIEVES IT IS "MORE LIKELY THAN NOT" THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON AN EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS") OR THE APPLICABLE STATE TAXING AUTHORITY. ACCORDINGLY, THERE IS NO PROVISION FOR FEDERAL INCOME TAXES IN THE SCHOOL'S FINANCIAL STATEMENTS, AS THE SCHOOL BELIEVES ALL TAX POSITIONS, INCLUDING ITS CONTINUING STATUS AS A NOT-FOR-PROFIT ENTITY, HAVE A GREATER THAN 50% CHANCE OF REALIZATION IN THE EVENT OF AN IRS AUDIT. STATE INCOME TAXES, WHICH MAY BE DUE IN CERTAIN JURISDICTIONS, HAVE BEEN ASSESSED FOLLOWING THE SAME "MORE LIKELY THAN NOT" MEASUREMENT THRESHOLD. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PASSTHROUGH ADMIN FEES 41,789.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2PASSTHROUGH ADMIN FEES 41,789.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt059201
IRS990ScheduleD/TotalExpensesPerForm990Amt01605213
IRS990ScheduleD/TotalLiabilityAmt031250
IRS990ScheduleD/TotalRevenuePerForm990Amt01680549
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01722338
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01647002
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH BROCHURES, NEWSLETTERS, LOCAL NEIGHBOURHOOD EVENTS, NEWSPAPERS, OPEN HOUSE, AND VIDEOS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1REVENUES ARE RECEIVED FROM THE FLORIDA DEPARTMENT OF EDUCATION UNDER THE FLORIDA EDUCATION FINANCE PROGRAM. THE AMOUNT RECEIVED IS BASED ON THE NUMBER OF WEIGHTED FULL-TIME EQUIVALENT STUDENTS REPORTED BY THE SCHOOL DURING THE SURVEY PERIOD.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OPERATIONS DIRECTOR, MARK MANNERS, THE SCHOOL'S ACCOUNTING SERVICES PROVIDER, CYNDEE ZECK, AND THE BOARD OF DIRECTORS JOINTLY REVIEW FORM 990 FOR COMPLETENESS AND ACCURACY. IF ANY QUESTIONS ARISE, THE PREPARERS ARE CONTACTED FOR FURTHER EXPLANATION. ONCE THE REVIEW HAS BEEN COMPLETED, FORM 990 IS SIGNED AND FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO REPORT CONFLICTS OF INTEREST AS THEY BECOME APPARENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS CONTRACT WITH AND DETERMINE THE SALARIES OF THE ACADEMIC AND OPERATIONS DIRECTORS. THE BOARD REVIEWS THE SALARIES AND BENEFITS PROVIDED TO THE PRINCIPALS AND ADMINISTRATORS OF THE LOCAL SCHOOL DISTRICT AND USES THIS AS A BASIS FOR DETERMINING COMPENSATION. COMPENSATION IS ALSO AFFECTED BY THE BOARD'S REVIEW OF BUDGET AND STUDENT PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD AND ARE DISCLOSED IN ADVERTISED PUBLIC MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0579222
IRS990/TotalAssetsEOYAmt0644348
IRS990/TotalAssetsGrp/BOYAmt0579222
IRS990/TotalAssetsGrp/EOYAmt0644348
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0176031
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0274901
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01330312
IRS990/TotalFunctionalExpensesGrp/TotalAmt01605213
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0135610
IRS990/TotalLiabilitiesEOYAmt0125400
IRS990/TotalLiabilitiesGrp/BOYAmt0135610
IRS990/TotalLiabilitiesGrp/EOYAmt0125400
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0443612
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0518948
IRS990/TotalOtherCompensationAmt016560
IRS990/TotalProgramServiceExpensesAmt01330312
IRS990/TotalProgramServiceRevenueAmt01501954
IRS990/TotalReportableCompFromOrgAmt0121678
IRS990/TotalRevenueGrp/ExclusionAmt02564
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01501954
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01680549
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0579222
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0644348
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05840 CORPORATE WAY SUITE 100
IRS990/USAddress/CityNm0WEST PALM BEACH
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033407
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.BELIEVERSACADEMYINC.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MELISSA SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05613402507
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-12-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BELIEVERS ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0BELI
ReturnHeader/Filer/EIN0510542866
ReturnHeader/Filer/PhoneNum05613402507
ReturnHeader/Filer/USAddress/AddressLine1Txt05840 CORPORATE WAY SUITE 100
ReturnHeader/Filer/USAddress/CityNm0WEST PALM BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033407
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593023516
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BKHM PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01560 ORANGE AVENUE SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WINTER PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032789
ReturnHeader/PreparerPersonGrp/PhoneNum04079989000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRADFORD S BEEMER
ReturnHeader/ReturnTs02015-12-11T07:40:03-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$644,348
Liabilities
$125,400
Net assets
$518,948
Revenue
$1,680,549
Expenses
$1,605,213
Net income
$75,336
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.92$0.78$1.13$1.71$1.84$0.13
2024Detailed filing. Detailed filing data is available for this year.$1.56$0.29$1.27$1.98$1.76$0.21
2023Detailed filing. Detailed filing data is available for this year.$1.51$0.46$1.05$1.88$1.80$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.66$0.68$0.98$1.66$1.89$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.12$1.21$2.11$1.53$0.58
2020Detailed filing. Detailed filing data is available for this year.$0.96$0.33$0.63$1.78$1.68$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.63$0.10$0.53$1.71$1.72$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.63$0.09$0.54$1.61$1.61$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.66$0.12$0.54$1.59$1.53$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.13$0.47$1.57$1.62$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.13$0.52$1.68$1.61$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.14$0.44$1.62$1.54$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.15$0.36$1.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.08$0.47$1.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.08$0.47$1.28