Civic Intelligence

Academy Child Development Center Inc.

990 • Fiscal year 2017 • EIN 52-1228660

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 19, 2018

Organization ProfileWWW.ACADEMYCHILD.COM
10109 Darnestown RoadRockville, MD 20850

(301) 424-6282

Siviq Scores

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

Liabilities / Assets

69th percentile

0.28x

Higher debt load relative to assets than 69% of similar nonprofits.

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

Liabilities / Revenue

63rd percentile

0.19x

Higher debt load relative to revenue than 63% of similar nonprofits.

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

Net Margin

51st percentile

3.5%

Higher net margin than 51% of similar nonprofits.

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

Top Officer Pay

65th percentile

$90,630

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

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

Asset Growth

63rd percentile

7.9%

Faster asset growth than 63% of similar nonprofits.

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

Revenue Growth

32nd percentile

-2.1%

Faster revenue growth than 32% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$3,023,381

Up $221,806 (+7.9%) from 2016

Net Assets

Up

$2,182,634

Up $431,162 (+25%) from 2016

Liabilities

Down

$840,747

Down $209,356 (-20%) from 2016

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin51st percentile

Revenue

Down

$4,329,001

Down $92,346 (-2.1%) from 2016

Expenses

Up

$4,179,206

Up $9,025 (+0.2%) from 2016

Net Income

Down

$149,795

Down $101,371 (-40%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,509,785Liabilities 2011: $904,930Net Assets 2011: $1,604,8552011Assets 2012: $2,477,260Liabilities 2012: $1,072,388Net Assets 2012: $1,404,8722012Assets 2013: $2,583,183Liabilities 2013: $955,984Net Assets 2013: $1,627,1992013Assets 2014: $3,025,032Liabilities 2014: $1,253,258Net Assets 2014: $1,771,7742014Assets 2015: $2,724,805Liabilities 2015: $1,224,499Net Assets 2015: $1,500,3062015Assets 2016: $2,801,575Liabilities 2016: $1,050,103Net Assets 2016: $1,751,4722016Assets 2017: $3,023,381Liabilities 2017: $840,747Net Assets 2017: $2,182,6342017Assets 2018: $2,782,384Liabilities 2018: $797,477Net Assets 2018: $1,984,9072018Assets 2019: $2,985,078Liabilities 2019: $729,349Net Assets 2019: $2,255,7292019Assets 2020: $3,681,624Liabilities 2020: $1,080,640Net Assets 2020: $2,600,9842020Assets 2021: $3,795,656Liabilities 2021: $1,026,115Net Assets 2021: $2,769,5412021Assets 2022: $3,165,630Liabilities 2022: $502,870Net Assets 2022: $2,662,7602022Assets 2023: $2,945,722Liabilities 2023: $435,295Net Assets 2023: $2,510,4272023Assets 2024: $2,976,474Liabilities 2024: $365,904Net Assets 2024: $2,610,5702024

Highlighted filing

2017

Assets$3,023,381
Liabilities$840,747
Net Assets$2,182,634
Open 2017 Filing

Operations Trend

Revenue Growth32nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,488,234Expenses 2011: $3,768,972Net Income 2011: -$280,7382011Revenue 2012: $3,718,133Expenses 2012: $3,918,116Net Income 2012: -$199,9832012Revenue 2013: $4,015,793Expenses 2013: $3,793,466Net Income 2013: $222,3272013Revenue 2014: $3,793,162Expenses 2014: $3,648,587Net Income 2014: $144,5752014Revenue 2015: $3,704,549Expenses 2015: $3,976,017Net Income 2015: -$271,4682015Revenue 2016: $4,421,347Expenses 2016: $4,170,181Net Income 2016: $251,1662016Revenue 2017: $4,329,001Expenses 2017: $4,179,206Net Income 2017: $149,7952017Revenue 2018: $3,897,527Expenses 2018: $4,001,145Net Income 2018: -$103,6182018Revenue 2019: $3,962,026Expenses 2019: $3,832,973Net Income 2019: $129,0532019Revenue 2020: $2,712,181Expenses 2020: $2,518,402Net Income 2020: $193,7792020Revenue 2021: $2,092,286Expenses 2021: $1,888,003Net Income 2021: $204,2832021Revenue 2022: $2,883,578Expenses 2022: $2,575,052Net Income 2022: $308,5262022Revenue 2023: $2,051,352Expenses 2023: $2,426,104Net Income 2023: -$374,7522023Revenue 2024: $2,372,983Expenses 2024: $2,369,666Net Income 2024: $3,3172024

Highlighted filing

2017

Revenue$4,329,001
Expenses$4,179,206
Net Income$149,795
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 19, 2018
Return Version
2017v2.3
Gross Receipts
$4,329,001
Mission and Program Overview

Mission

Academy offers the "Building Blocks for Life" philosophy - the foundation from which all learning takes place for the future. Children grow in a nurturing environment that promotes safety and security. When children are guided to live and play together in an atmosphere of mutual respect and support, they develop positive character values. By encouraging creativity, exploration, and discovery children acquire a love of learning and a sense of self. Academy is dedicated to the world's future - its children.

Academy strives to remain an innovator in the field of educational child care and preschool-primary school programming. We are highly recognized as providing the highest quality level of licensed and monitored child care and education for children ages 2 months through school-age and for the various cultures and economic backgrounds of the families in montgomery county. Our mission and purpose is: to offer developmentally appropriate early childhood/school age programs; to provide safe, healthy and reliable child care options for working parents; to maintain a dedicated, professional staff through competitive salaries, benefits and ongoing professional development training; to develop and maintain partnerships with parents, staff, community, local, state and national organizations; to achieve and maintain the highest levels of excels ratings in the state.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,135,519$1,373,775▲ $238,256
Land, Buildings, and Equipment, Net$1,161,777$1,084,738▼ $77,039
Cash and Non-Interest-Bearing Accounts$343,240$445,778▲ $102,538
Savings and Temporary Cash Investments$59,490$101,090▲ $41,600
Accounts Receivable$59,513$0▼ $59,513
Prepaid Expenses and Deferred Charges$27,036$0▼ $27,036
Total Assets$2,801,575$3,023,381▲ $221,806
Other Assets Total$15,000$18,000▲ $3,000
Liabilities
Mortgage Notes Payable Secured by Investment Property$749,834$713,966▼ $35,868
Other Liabilities$110,783$126,781▲ $15,998
Deferred Revenue$104,107$0▼ $104,107
Accounts Payable and Accrued Expenses$85,379$0▼ $85,379
Total Liabilities$1,050,103$840,747▼ $209,356
Net Assets / Fund Balance
Unrestricted Net Assets$1,751,472$2,182,634▲ $431,162
Total Net Assets Fund Balance$1,751,472$2,182,634▲ $431,162
Total Liabilities and Net Assets / Fund Balance$2,801,575$3,023,381▲ $221,806

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,066,038$460,144$1,526,182
Equipment$18,700$549,829$568,529
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lesley EverhartSecretaryFT$72,769$17,861$90,630
Bruce KahanDirectorFT$64,480-$64,480
Marilyn FleetwoodPresident/directorPT$58,809$3,104$61,913
Debora SullivanDirectorFT$54,145$6,094$60,239

Board Members and Trustees

NameTitle
Richard C FleetwoodVice President/director
Aileen WalshDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$7,859
Program Service Revenue
$4,269,317
Investment Income
$51,825
Other Revenue
$0
All Other Contributions
$7,859
Change in Net Assets
$149,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,992,419
Other Expenses$1,005,876
Grants and Similar Amounts Paid$180,911
Total Fundraising Expense$6,148
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,286,787$125,414-$2,412,201
Occupancy$264,855$24,981-$289,836
Current Officers, Directors, Trustees, and Key Employees$138,631$138,631-$277,262
Payroll Taxes$200,918$18,950-$219,868
Grants to Domestic Individuals$180,911--$180,911
Fees for Services Other$66,252$54,567-$120,819
Other Employee Benefits$70,803$6,678-$77,481
Insurance$29,438$25,083-$54,521
Depreciation Depletion$48,898$4,612-$53,510
Office Expenses$39,540$3,729-$43,269
All Other Expenses$16,386$15,173$6,148$37,707
Interest$24,220$2,284-$26,504
Information Technology$19,541$1,843-$21,384
Other Expenses$14,147$3,842-$17,989
Fees for Service Investment Mgmnt Fees-$8,725-$8,725
Conferences and Meetings$8,622--$8,622
Fees for Services Accounting-$8,500-$8,500
Advertising-$8,213-$8,213
Pension Plan Contributions$5,124$483-$5,607
Travel$3,188$203-$3,391
Total Functional Expenses$3,707,659$465,399$6,148$4,179,206
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
Marilyn and Richard FleetwoodDirectors/landlordsRentNo$192,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits$114,455
Credit Card Payable$10,736
Payroll Liabilities$1,590
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Directors marilyn and richard fleetwood are married.”

Form 990, Part VI, Section B, Line 11B

“A draft of form 990 is provided to the board of directors at least one week prior to its filing.”

Form 990, Part VI, Section C, Line 19

“By appointment at offices located at 11109 darnestown road, rockville, md.”

Filing and Contact Details

Filer

Filer Name
Academy Child Development Center Inc
EIN
52-1228660
Phone
3014246282
Address
10109 DARNESTOWN ROAD, ROCKVILLE, MD 20850

Signing Officer

Name
Marilyn Fleetwood
Title
President/director
Phone
3014246282
Signed
2018-07-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marilyn Fleetwood
Formed
1981
Legal Domicile
Md
Voting Board Members
6
Independent Board Members
0
Employees
114
Volunteers
10

Preparer

Firm
Hertzbach & Company Pa
Address
1803 RESEARCH BLVD 215, ROCKVILLE, MD 20850
Preparer
Anthony F Allen CPA
Phone
3013152150
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IRS990/ActivityOrMissionDesc0ACADEMY STRIVES TO REMAIN AN INNOVATOR IN THE FIELD OF EDUCATIONAL CHILD CARE AND PRESCHOOL-PRIMARY SCHOOL PROGRAMMING. WE ARE HIGHLY RECOGNIZED AS PROVIDING THE HIGHEST QUALITY LEVEL OF LICENSED AND MONITORED CHILD CARE AND EDUCATION FOR CHILDREN AGES 2 MONTHS THROUGH SCHOOL-AGE AND FOR THE VARIOUS CULTURES AND ECONOMIC BACKGROUNDS OF THE FAMILIES IN MONTGOMERY COUNTY. OUR MISSION AND PURPOSE IS: TO OFFER DEVELOPMENTALLY APPROPRIATE EARLY CHILDHOOD/SCHOOL AGE PROGRAMS; TO PROVIDE SAFE, HEALTHY AND RELIABLE CHILD CARE OPTIONS FOR WORKING PARENTS; TO MAINTAIN A DEDICATED, PROFESSIONAL STAFF THROUGH COMPETITIVE SALARIES, BENEFITS AND ONGOING PROFESSIONAL DEVELOPMENT TRAINING; TO DEVELOP AND MAINTAIN PARTNERSHIPS WITH PARENTS, STAFF, COMMUNITY, LOCAL, STATE AND NATIONAL ORGANIZATIONS; TO ACHIEVE AND MAINTAIN THE HIGHEST LEVELS OF EXCELS RATINGS IN THE STATE.
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IRS990/MissionDesc0ACADEMY OFFERS THE "BUILDING BLOCKS FOR LIFE" PHILOSOPHY - THE FOUNDATION FROM WHICH ALL LEARNING TAKES PLACE FOR THE FUTURE. CHILDREN GROW IN A NURTURING ENVIRONMENT THAT PROMOTES SAFETY AND SECURITY. WHEN CHILDREN ARE GUIDED TO LIVE AND PLAY TOGETHER IN AN ATMOSPHERE OF MUTUAL RESPECT AND SUPPORT, THEY DEVELOP POSITIVE CHARACTER VALUES. BY ENCOURAGING CREATIVITY, EXPLORATION, AND DISCOVERY CHILDREN ACQUIRE A LOVE OF LEARNING AND A SENSE OF SELF. ACADEMY IS DEDICATED TO THE WORLD'S FUTURE - ITS CHILDREN.
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IRS990/OtherAssetsTotalGrp/EOYAmt018000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06678
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt070803
IRS990/OtherEmployeeBenefitsGrp/TotalAmt077481
IRS990/OtherExpensesGrp/Desc0SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02421
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16882
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24185
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33842
IRS990/OtherExpensesGrp/ProgramServicesAmt0165633
IRS990/OtherExpensesGrp/ProgramServicesAmt179390
IRS990/OtherExpensesGrp/ProgramServicesAmt244375
IRS990/OtherExpensesGrp/ProgramServicesAmt314147
IRS990/OtherExpensesGrp/TotalAmt0168054
IRS990/OtherExpensesGrp/TotalAmt186272
IRS990/OtherExpensesGrp/TotalAmt248560
IRS990/OtherExpensesGrp/TotalAmt317989
IRS990/OtherLiabilitiesGrp/BOYAmt0110783
IRS990/OtherLiabilitiesGrp/EOYAmt0126781
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0125414
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02286787
IRS990/OtherSalariesAndWagesGrp/TotalAmt02412201
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018950
IRS990/PayrollTaxesGrp/ProgramServicesAmt0200918
IRS990/PayrollTaxesGrp/TotalAmt0219868
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0483
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05124
IRS990/PensionPlanContributionsGrp/TotalAmt05607
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027036
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MARILYN FLEETWOOD
IRS990/PriorPeriodAdjustmentsAmt0124110
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0DAY CARE TUITION
IRS990/ProgramServiceRevenueGrp/Desc1MISC
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04235344
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt133973
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04235344
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133973
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt010915
IRS990/PYOtherExpensesAmt01051774
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04410432
IRS990/PYRevenuesLessExpensesAmt0251166
IRS990/PYSalariesCompEmpBnftPaidAmt03118407
IRS990/PYTotalExpensesAmt04170181
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04421347
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0149795
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04269317
IRS990/SavingsAndTempCashInvstGrp/BOYAmt059490
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0101090
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt018700
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0549829
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0568529
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01066038
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0460144
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01526182
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0114455
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110736
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21590
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01084738
IRS990ScheduleD/TotalLiabilityAmt0126781
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PUBLISHES ITS POLICY ON THE WEB SITE; IT IS PUBLISHED IN THE STATE ACCREDITATION DOCUMENTATION THAT IS SENT IN AS PART OF THE ANNUAL RENEWALS AND FOR THE STATE EXCELS PROGRAM; IN PARENT HANDBOOKS AND STAFF POLICY BOOKS PUBLISHED ANNUALLY; AND, ANNUALLY, IN PARENT FLYERS AND BROCHURES. THE ORGANIZATION IS A LOCAL SCHOOL THAT DRAWS ITS STUDENTS FROM THE IMMEDIATE, LOCAL COMMUNITY AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0162536
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt118375
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION SCHOLARSHIPS FOR STUDENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1TEXTBOOK SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt050
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt150
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE TUITION COMMITTEE OF THE ACADEMY CHILD DEVELOPMENT CENTER EVALUATES EACH STUDENT'S FINANCIAL SITUATION AND DISTRIBUTES SCHOLARSHIPS AND TUITION DISCOUNTS BASED ON THOSE NEEDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0MARILYN AND RICHARD FLEETWOOD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTORS/LANDLORDS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0192000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0( A ) NAME OF PERSON: MARILYN AND RICHARD FLEETWOOD( D ) DESCRIPTION OF TRANSACTION: RENTTHE ORGANIZATION LEASES THE FOLLOWING PROPERTY FROM DIRECTORS MARILYN AND RICHARD FLEETWOOD AS FOLLOWS: 10109 DARNESTOWN ROAD, ROCKVILLE, MD 2017 RENT PAID
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DIRECTORS MARILYN AND RICHARD FLEETWOOD ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS AT LEAST ONE WEEK PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BY APPOINTMENT AT OFFICES LOCATED AT 11109 DARNESTOWN ROAD, ROCKVILLE, MD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02801575
IRS990/TotalAssetsEOYAmt03023381
IRS990/TotalAssetsGrp/BOYAmt02801575
IRS990/TotalAssetsGrp/EOYAmt03023381
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt07859
IRS990/TotalEmployeeCnt0114
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06148
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0465399
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03707659
IRS990/TotalFunctionalExpensesGrp/TotalAmt04179206
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01050103
IRS990/TotalLiabilitiesEOYAmt0840747
IRS990/TotalLiabilitiesGrp/BOYAmt01050103
IRS990/TotalLiabilitiesGrp/EOYAmt0840747
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01751472
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02182634
IRS990/TotalOtherCompensationAmt027059
IRS990/TotalProgramServiceExpensesAmt03707659
IRS990/TotalProgramServiceRevenueAmt04269317
IRS990/TotalReportableCompFromOrgAmt0250203
IRS990/TotalRevenueGrp/ExclusionAmt051825
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04269317
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04329001
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02801575
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03023381
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0203
IRS990/TravelGrp/ProgramServicesAmt03188
IRS990/TravelGrp/TotalAmt03391
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01751472
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02182634
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010109 DARNESTOWN ROAD
IRS990/USAddress/CityNm0ROCKVILLE
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd020850
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.ACADEMYCHILD.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARILYN FLEETWOOD

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,023,381
Liabilities
$840,747
Net assets
$2,182,634
Revenue
$4,329,001
Expenses
$4,179,206
Net income
$149,795
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.98$0.37$2.61$2.37$2.37$0.00
2023Detailed filing. Detailed filing data is available for this year.$2.95$0.44$2.51$2.05$2.43$0.37
2022Detailed filing. Detailed filing data is available for this year.$3.17$0.50$2.66$2.88$2.58$0.31
2021Detailed filing. Detailed filing data is available for this year.$3.80$1.03$2.77$2.09$1.89$0.20
2020Detailed filing. Detailed filing data is available for this year.$3.68$1.08$2.60$2.71$2.52$0.19
2019Detailed filing. Detailed filing data is available for this year.$2.99$0.73$2.26$3.96$3.83$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.78$0.80$1.98$3.90$4.00$0.10
2017Detailed filing. Detailed filing data is available for this year.$3.02$0.84$2.18$4.33$4.18$0.15
2016Summary only. Only limited summary data is available for this year.$2.80$1.05$1.75$4.42$4.17$0.25
2015Summary only. Only limited summary data is available for this year.$2.72$1.22$1.50$3.70$3.98$0.27
2014Summary only. Only limited summary data is available for this year.$3.03$1.25$1.77$3.79$3.65$0.14
2013Summary only. Only limited summary data is available for this year.$2.58$0.96$1.63$4.02$3.79$0.22
2012Summary only. Only limited summary data is available for this year.$2.48$1.07$1.40$3.72$3.92$0.20
2011Summary only. Only limited summary data is available for this year.$2.51$0.90$1.60$3.49$3.77$0.28