Civic Intelligence

Windsor Academy Inc.

990 • Fiscal year 2018 • EIN 58-1088998

Jul 01, 2017 to Jun 30, 2018 • Filed on Jun 22, 2019

4150 Jones RdMacon, GA 31216

(478) 781-1621

Siviq Scores

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

Liabilities / Assets

94th percentile

1.17x

Higher debt load relative to assets than 94% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

82nd percentile

0.71x

Higher debt load relative to revenue than 82% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

22nd percentile

-8.8%

Higher net margin than 22% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

16th percentile

-8.4%

Faster asset growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

17th percentile

-16%

Faster revenue growth than 17% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,060,908

Down $96,713 (-8.4%) from 2017

Net Assets

Down

-$184,621

Down $142,941 (-343%) from 2017

Liabilities

Up

$1,245,529

Up $46,228 (+3.9%) from 2017

Revenue

Down

$1,761,704

Down $337,884 (-16%) from 2017

Expenses

Up

$1,915,971

Up $17,388 (+0.9%) from 2017

Net Income

Down

-$154,267

Down $355,272 (-177%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $1,004,205Liabilities 2011: $862,316Net Assets 2011: $141,8892011Assets 2012: $912,450Liabilities 2012: $920,454Net Assets 2012: -$8,0042012Assets 2013: $838,898Liabilities 2013: $916,122Net Assets 2013: -$77,2242013Assets 2014: $829,157Liabilities 2014: $1,112,853Net Assets 2014: -$283,6962014Assets 2015: $851,093Liabilities 2015: $1,007,098Net Assets 2015: -$156,0052015Assets 2016: $762,203Liabilities 2016: $976,034Net Assets 2016: -$213,8312016Assets 2017: $1,157,621Liabilities 2017: $1,199,301Net Assets 2017: -$41,6802017Assets 2018: $1,060,908Liabilities 2018: $1,245,529Net Assets 2018: -$184,6212018Assets 2019: $1,162,828Liabilities 2019: $1,446,053Net Assets 2019: -$283,2252019Assets 2020: $1,607,630Liabilities 2020: $1,863,847Net Assets 2020: -$256,2172020Assets 2021: $1,803,040Liabilities 2021: $1,775,232Net Assets 2021: $27,8082021Assets 2022: $1,926,507Liabilities 2022: $2,029,120Net Assets 2022: -$102,6132022Assets 2023: $2,885,659Liabilities 2023: $1,749,065Net Assets 2023: $1,136,5942023Assets 2024: $2,873,884Liabilities 2024: $1,892,737Net Assets 2024: $981,1472024

Highlighted filing

2018

Assets$1,060,908
Liabilities$1,245,529
Net Assets-$184,621

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,824,446Expenses 2011: $1,734,478Net Income 2011: $89,9682011Revenue 2012: $1,851,013Expenses 2012: $2,000,906Net Income 2012: -$149,8932012Revenue 2013: $2,098,674Expenses 2013: $2,167,894Net Income 2013: -$69,2202013Revenue 2014: $1,548,453Expenses 2014: $1,754,925Net Income 2014: -$206,4722014Revenue 2015: $1,760,996Expenses 2015: $1,633,305Net Income 2015: $127,6912015Revenue 2016: $1,713,429Expenses 2016: $1,771,255Net Income 2016: -$57,8262016Revenue 2017: $2,099,588Expenses 2017: $1,898,583Net Income 2017: $201,0052017Revenue 2018: $1,761,704Expenses 2018: $1,915,971Net Income 2018: -$154,2672018Revenue 2019: $1,605,294Expenses 2019: $1,692,483Net Income 2019: -$87,1892019Revenue 2020: $1,940,013Expenses 2020: $1,913,005Net Income 2020: $27,0082020Revenue 2021: $2,755,989Expenses 2021: $2,675,551Net Income 2021: $80,4382021Revenue 2022: $3,276,843Expenses 2022: $3,410,412Net Income 2022: -$133,5692022Revenue 2023: $3,506,295Expenses 2023: $3,204,940Net Income 2023: $301,3552023Revenue 2024: $3,819,293Expenses 2024: $3,948,997Net Income 2024: -$129,7042024

Highlighted filing

2018

Revenue$1,761,704
Expenses$1,915,971
Net Income-$154,267
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jun 22, 2019
Return Version
2017v2.3
Gross Receipts
$1,761,704
Mission and Program Overview

Mission

The vision of Windsor Academy is to provide the students of Windsor Academy with the highest quality education that is built upon a Christian foundation, generates a sense of pride in accomplishment, and encourages a desire to exceed expectations. The mission statement of Windsor Academy is to consistently enhance the educational process of Windsor

The vision of Windsor Academy is to provide the students of Windsor Academy with the highest quality education that is built upon a Christian foundation, generates a sense of pride in accomplishment, and encourages a des

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$839,043$833,585▼ $5,458
Cash and Non-Interest-Bearing Accounts$228,688$155,288▼ $73,400
Accounts Receivable$73,478$59,241▼ $14,237
Intangible Assets$11,295$12,794▲ $1,499
Total Assets$1,157,621$1,060,908▼ $96,713
Other Assets Total$5,117--
Liabilities
Mortgage Notes Payable Secured by Investment Property$750,256$804,471▲ $54,215
Deferred Revenue$257,793$245,529▼ $12,264
Other Liabilities$185,033$103,972▼ $81,061
Accounts Payable and Accrued Expenses$6,219$48,057▲ $41,838
Unsecured Notes Loans Payable-$43,500-
Total Liabilities$1,199,301$1,245,529▲ $46,228
Net Assets / Fund Balance
Unrestricted Net Assets$-41,680$-184,621▼ $142,941
Total Net Assets Fund Balance$-41,680$-184,621▼ $142,941
Total Liabilities and Net Assets / Fund Balance$1,157,621$1,060,908▼ $96,713

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$665,349$1,192,251$1,857,600
Equipment$63,063$494,958$558,021
Other Land Buildings$77,053$147,338$224,391
Land$28,120-$28,120
Compensation and Service Providers

Board Members and Trustees

NameTitle
Donnie WeicheBldg/grounds chair
Wendy PerryChairman
Charles BrooksVice Chairman
Angela JonesDirector
Elizabeth NewberryDirector
Sandy ArringtonDirector
John WelchHeadmaster-Ex officio
Sherry PruettSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$36,862
Program Service Revenue
$1,713,050
Investment Income
$302
Other Revenue
$11,490
Change in Net Assets
$-154,267

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,761,704
Total Revenue per Audited Statements
$1,761,704
Total Revenue per Form 990
$1,761,704
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,223,495
Other Expenses$692,476
Total Fundraising Expense$1,751
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$738,837$309,341-$1,047,178
Occupancy$107,145--$107,145
Payroll Taxes$59,178$31,517-$90,695
Depreciation Depletion$88,405--$88,405
Current Officers, Directors, Trustees, and Key Employees-$84,622-$85,622
Interest$48,631--$48,631
All Other Expenses-$43,413-$43,413
Other Expenses$41,636--$41,636
Insurance$34,578--$34,578
Information Technology$11,207--$11,207
Advertising$6,254-$1,751$8,005
Fees for Services Management-$2,078-$2,078
Office Expenses-$1,370-$1,370
Total Functional Expenses$1,441,879$472,341$1,751$1,915,971

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,915,971
Total Expenses per Audited Statements$1,915,971
Total Expenses per Form 990$1,915,971
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,490
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Booster Club$11,490$11,490-$11,490
Total Events$11,490$11,490-$11,490
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$101,254
Contracts Payable$2,718
IRS-
Accrued expenses-
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
No
Other officer compensation reviewed
No
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, Section B, Line 11

The Headmaster reviews the returns, approves and signs to be electronically filed.

Form 990, Part VI, Section C, Line 19

All information is readily accessible to the governing body. All other parites must submit request in writing to the Headmasters office.

Filing and Contact Details

Filer

Filer Name
Windsor Academy Inc
EIN
58-1088998
Address
4150 Jones Rd, Macon, GA 31216

Signing Officer

Name
James W Watts
Title
Headmaster
Signed
2019-06-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James W Watts Jr
Formed
2007
Legal Domicile
Ga
Voting Board Members
8
Independent Board Members
0
Employees
56
Volunteers
50

Preparer

Firm
Esther G Suarez CPA PC
Address
PO Box 6, Bolingbroke, GA 31004
Preparer
Esther G Suarez
Phone
4784749450
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt413931
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt03990
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt068403
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01387
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0768696
IRS990/PYProgramServiceRevenueAmt02029798
IRS990/PYRevenuesLessExpensesAmt0201005
IRS990/PYSalariesCompEmpBnftPaidAmt01129887
IRS990/PYTotalExpensesAmt01898583
IRS990/PYTotalRevenueAmt02099588
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-154267
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01761704
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0665349
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01192251
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01857600
IRS990ScheduleD/EquipmentGrp/BookValueAmt063063
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0494958
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0558021
IRS990ScheduleD/ExpensesSubtotalAmt01915971
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt028120
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt028120
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt077053
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0147338
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0224391
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0101254
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12718
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Contracts Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2IRS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Accrued expenses
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt01761704
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0833585
IRS990ScheduleD/TotalExpensesPerForm990Amt01915971
IRS990ScheduleD/TotalLiabilityAmt0103972
IRS990ScheduleD/TotalRevenuePerForm990Amt01761704
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01761704
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01915971
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
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Booster Club
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt011490
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt011490
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt011490
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt011490
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt011490
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Headmaster reviews the returns, approves and signs to be electronically filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All information is readily accessible to the governing body. All other parites must submit request in writing to the Headmasters office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01157621
IRS990/TotalAssetsEOYAmt01060908
IRS990/TotalAssetsGrp/BOYAmt01157621
IRS990/TotalAssetsGrp/EOYAmt01060908
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt036862
IRS990/TotalEmployeeCnt056
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01751
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0472341
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01441879
IRS990/TotalFunctionalExpensesGrp/TotalAmt01915971
IRS990/TotalGrossUBIAmt03990
IRS990/TotalLiabilitiesBOYAmt01199301
IRS990/TotalLiabilitiesEOYAmt01245529
IRS990/TotalLiabilitiesGrp/BOYAmt01199301
IRS990/TotalLiabilitiesGrp/EOYAmt01245529
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-41680
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-184621
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0100776
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0100776
IRS990/TotalProgramServiceExpensesAmt01441879
IRS990/TotalProgramServiceRevenueAmt01713050
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01709362
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01761704
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt03990
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01157621
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01060908
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-41680
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-184621
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt043500
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04150 Jones Rd
IRS990/USAddress/CityNm0Macon
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd031216
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.waknights.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0James W Watts

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$1.89$0.98$3.82$3.95$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.89$1.75$1.14$3.51$3.20$0.30
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$2.03$0.10$3.28$3.41$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$1.78$0.03$2.76$2.68$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$1.86$0.26$1.94$1.91$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$1.45$0.28$1.61$1.69$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.06$1.25$0.18$1.76$1.92$0.15
2017Summary only. Only limited summary data is available for this year.$1.16$1.20$0.04$2.10$1.90$0.20
2016Summary only. Only limited summary data is available for this year.$0.76$0.98$0.21$1.71$1.77$0.06
2015Summary only. Only limited summary data is available for this year.$0.85$1.01$0.16$1.76$1.63$0.13
2014Summary only. Only limited summary data is available for this year.$0.83$1.11$0.28$1.55$1.75$0.21
2013Summary only. Only limited summary data is available for this year.$0.84$0.92$0.08$2.10$2.17$0.07
2012Summary only. Only limited summary data is available for this year.$0.91$0.92$0.01$1.85$2.00$0.15
2011Summary only. Only limited summary data is available for this year.$1.00$0.86$0.14$1.82$1.73$0.09