Civic Intelligence

Francis Hugh Wardlaw Academy

990 • Fiscal year 2015 • EIN 57-0522375

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 04, 2015

1296 Columbia RoadJohnston, SC 29832

(803) 275-4794

Siviq Scores

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

Liabilities / Assets

74th percentile

0.27x

Higher debt load relative to assets than 74% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

71st percentile

0.18x

Higher debt load relative to revenue than 71% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

33rd percentile

-2.6%

Higher net margin than 33% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

39th percentile

-1.7%

Faster asset growth than 39% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

24th percentile

-11%

Faster revenue growth than 24% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$579,553

Down $9,748 (-1.7%) from 2014

Net Assets

Down

$420,767

Down $25,612 (-5.7%) from 2014

Liabilities

Up

$158,786

Up $15,864 (+11%) from 2014

Revenue

Down

$889,153

Down $111,504 (-11%) from 2014

Expenses

Up

$911,900

Up $27,422 (+3.1%) from 2014

Net Income

Down

-$22,747

Down $138,926 (-120%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $480,454Liabilities 2012: $184,044Net Assets 2012: $296,4102012Assets 2013: $510,567Liabilities 2013: $187,023Net Assets 2013: $323,5442013Assets 2014: $589,301Liabilities 2014: $142,922Net Assets 2014: $446,3792014Assets 2015: $579,553Liabilities 2015: $158,786Net Assets 2015: $420,7672015Assets 2016: $600,725Liabilities 2016: $205,639Net Assets 2016: $395,0862016Assets 2017: $588,085Liabilities 2017: $172,844Net Assets 2017: $415,2412017Assets 2018: $618,026Liabilities 2018: $193,478Net Assets 2018: $424,5482018Assets 2019: $787,744Liabilities 2019: $221,508Net Assets 2019: $566,2362019Assets 2020: $971,160Liabilities 2020: $451,492Net Assets 2020: $519,6682020Assets 2021: $1,041,521Liabilities 2021: $402,268Net Assets 2021: $639,2532021Assets 2022: $1,106,968Liabilities 2022: $248,870Net Assets 2022: $858,0982022Assets 2023: $1,127,562Liabilities 2023: $525,542Net Assets 2023: $602,0202023Assets 2024: $1,241,381Liabilities 2024: $524,140Net Assets 2024: $717,2412024

Highlighted filing

2015

Assets$579,553
Liabilities$158,786
Net Assets$420,767

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $880,0462012Expenses 2013: $885,9312013Revenue 2014: $1,000,657Expenses 2014: $884,478Net Income 2014: $116,1792014Revenue 2015: $889,153Expenses 2015: $911,900Net Income 2015: -$22,7472015Revenue 2016: $885,840Expenses 2016: $911,739Net Income 2016: -$25,8992016Revenue 2017: $896,835Expenses 2017: $877,238Net Income 2017: $19,5972017Revenue 2018: $970,093Expenses 2018: $960,470Net Income 2018: $9,6232018Revenue 2019: $1,212,764Expenses 2019: $1,071,384Net Income 2019: $141,3802019Revenue 2020: $1,099,620Expenses 2020: $1,145,474Net Income 2020: -$45,8542020Revenue 2021: $1,436,682Expenses 2021: $1,319,665Net Income 2021: $117,0172021Revenue 2022: $1,737,542Expenses 2022: $1,515,196Net Income 2022: $222,3462022Revenue 2023: $1,293,522Expenses 2023: $1,549,598Net Income 2023: -$256,0762023Revenue 2024: $1,680,481Expenses 2024: $1,565,714Net Income 2024: $114,7672024

Highlighted filing

2015

Revenue$889,153
Expenses$911,900
Net Income-$22,747
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 4, 2015
Return Version
2014v5.0
Gross Receipts
$984,654
Mission and Program Overview

Mission

Operate a system of schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$427,371$424,633▼ $2,738
Savings and Temporary Cash Investments$51,481$96,035▲ $44,554
Cash and Non-Interest-Bearing Accounts$55,477$36,789▼ $18,688
Investments in Publicly Traded Securities$42,964$11,131▼ $31,833
Intangible Assets$5,216$6,529▲ $1,313
Accounts Receivable$6,792$4,436▼ $2,356
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-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$589,301$579,553▼ $9,748
Other Assets Total-$0-
Liabilities
Deferred Revenue$78,826$127,237▲ $48,411
Other Liabilities$64,096$31,549▼ $32,547
Total Liabilities$142,922$158,786▲ $15,864
Net Assets / Fund Balance
Unrestricted Net Assets$446,379$420,767▼ $25,612
Total Net Assets Fund Balance$446,379$420,767▼ $25,612
Total Liabilities and Net Assets / Fund Balance$589,301$579,553▼ $9,748

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$381,430$364,067$745,497
Buildings-$209,148$209,148
Equipment$19,144$132,572$151,716
Other Land Buildings$6,059$118,518$124,577
Land$18,000-$18,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Martha SandersPresident
Bill ManlyVice President
Chris WashDirector
Don SmoakDirector
Greg ThorneDirector
Gus WinnDirector
John BrumbaughDirector
John HickmanDirector
Keelie GossettDirector
Larry Lange SrDirector
Jaime CreasySecretary
Beverly QuarlesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$69,016
Program Service Revenue
$776,729
Investment Income
$1,117
Other Revenue
$42,291
All Other Contributions
$69,016
Change in Net Assets
$-22,747
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$663,795
Other Expenses$248,105
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$607,210--$607,210
All Other Expenses$83,844--$83,844
Payroll Taxes$56,585--$56,585
Depreciation Depletion$34,835--$34,835
Insurance$18,907--$18,907
Other Expenses$11,211--$11,211
Fees for Services Accounting$2,375--$2,375
Interest$1,926--$1,926
Travel$412--$412
Total Functional Expenses$911,900$0$0$911,900
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$45,395
Fundraising Direct Expenses$3,104
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$27,264$27,264$1,108$26,156
Miscellaneous$18,131$18,131$1,996$16,135
Total Events$45,395$45,395$3,104$42,291
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards$17,476
Lines of Credit$14,073
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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
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, Line 11B: Form 990 Review Process

The board of directors is provided with copies of the form 990 and requested to provide comments prior to the filing of the form.

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

No documents available to the public.

FORM 990, PART VI, LINE 19:

The organization does not find it beneficial to make its governing documents, etc., available to the public.

Filing and Contact Details

Filer

Filer Name
Francis Hugh Wardlaw Academy
EIN
57-0522375
Phone
8032754794
Address
1296 COLUMBIA ROAD, JOHNSTON, SC 29832

Signing Officer

Name
Martha W Sanders
Title
President
Signed
2015-11-04
Discuss with paid preparer
Yes

Organization Details

Formed
1970
Legal Domicile
Sc
Voting Board Members
12
Independent Board Members
12
Employees
35
Volunteers
25

Preparer

Firm
MICHAEL J COSTIGAN Sr CPA LLC
Address
403 PARK AVE SW, AIKEN, SC 29801
Preparer
Michael J Costigan CPA
Phone
8036495555
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

ROUNDING = -$2

Other Changes In Net Assets Or Fund Balances - Other Decreases

Unrecognized loss on investment = -$2863

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IRS990/NetAssetsOrFundBalancesEOYAmt0420767
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-2343
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2343
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt042291
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-2865
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0UTILITIES AND TRASH REMOVAL
IRS990/OtherExpensesGrp/Desc1ATHLETIC
IRS990/OtherExpensesGrp/Desc2INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc3REPAIRS AND EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/ProgramServicesAmt044712
IRS990/OtherExpensesGrp/ProgramServicesAmt131936
IRS990/OtherExpensesGrp/ProgramServicesAmt217947
IRS990/OtherExpensesGrp/ProgramServicesAmt311211
IRS990/OtherExpensesGrp/TotalAmt044712
IRS990/OtherExpensesGrp/TotalAmt131936
IRS990/OtherExpensesGrp/TotalAmt217947
IRS990/OtherExpensesGrp/TotalAmt311211
IRS990/OtherLiabilitiesGrp/BOYAmt064096
IRS990/OtherLiabilitiesGrp/EOYAmt031549
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0607210
IRS990/OtherSalariesAndWagesGrp/TotalAmt0607210
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt056585
IRS990/PayrollTaxesGrp/TotalAmt056585
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0ATHLETIC
IRS990/ProgramServiceRevenueGrp/Desc1CANTEEN
IRS990/ProgramServiceRevenueGrp/Desc2LATE STAY
IRS990/ProgramServiceRevenueGrp/Desc3TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt022298
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11923
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214236
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3738272
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022298
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11923
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214236
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3738272
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0207315
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt014
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0232393
IRS990/PYOtherRevenueAmt040901
IRS990/PYProgramServiceRevenueAmt0752427
IRS990/PYRevenuesLessExpensesAmt0116179
IRS990/PYSalariesCompEmpBnftPaidAmt0652085
IRS990/PYTotalExpensesAmt0884478
IRS990/PYTotalRevenueAmt01000657
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-22747
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0889153
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt051481
IRS990/SavingsAndTempCashInvstGrp/EOYAmt096035
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0209148
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0209148
IRS990ScheduleD/EquipmentGrp/BookValueAmt019144
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0132572
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0151716
IRS990ScheduleD/LandGrp/BookValueAmt018000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt018000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0381430
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0364067
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0745497
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06059
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0118518
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0124577
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017476
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt114073
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LINES OF CREDIT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0424633
IRS990ScheduleD/TotalLiabilityAmt031549
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03104
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.52$0.72$1.68$1.57$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.53$0.60$1.29$1.55$0.26
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.25$0.86$1.74$1.52$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.40$0.64$1.44$1.32$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.45$0.52$1.10$1.15$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.22$0.57$1.21$1.07$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.19$0.42$0.97$0.96$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.17$0.42$0.90$0.88$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.21$0.40$0.89$0.91$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.58$0.16$0.42$0.89$0.91$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.59$0.14$0.45$1.00$0.88$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.19$0.32$0.89
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.18$0.30$0.88