Civic Intelligence

Academy Inc. Flint River

990 • Fiscal year 2018 • EIN 58-6073296

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 03, 2018

PO Box 247Woodbury, GA 30293

(706) 553-5056

Siviq Scores

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

Liabilities / Assets

86th percentile

0.67x

Higher debt load relative to assets than 86% of similar nonprofits.

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

Liabilities / Revenue

76th percentile

0.41x

Higher debt load relative to revenue than 76% of similar nonprofits.

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

Net Margin

72nd percentile

15%

Higher net margin than 72% of similar nonprofits.

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

Top Officer Pay

59th percentile

$81,500

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

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

Asset Growth

79th percentile

17%

Faster asset growth than 79% of similar nonprofits.

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

Revenue Growth

46th percentile

2.4%

Faster revenue growth than 46% of similar nonprofits.

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

Assets

Up

$1,166,976

Up $167,805 (+17%) from 2017

Net Assets

Up

$382,235

Up $276,197 (+260%) from 2017

Liabilities

Down

$784,741

Down $108,392 (-12%) from 2017

Revenue

Up

$1,903,980

Up $44,335 (+2.4%) from 2017

Expenses

Down

$1,627,783

Down $206,445 (-11%) from 2017

Net Income

Up

$276,197

Up $250,780 (+987%) 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$0Assets 2012: $1,362,563Liabilities 2012: $1,355,965Net Assets 2012: $6,5982012Assets 2013: $1,753,125Liabilities 2013: $1,728,299Net Assets 2013: $24,8262013Assets 2014: $1,434,795Liabilities 2014: $1,372,705Net Assets 2014: $62,0902014Assets 2015: $1,280,788Liabilities 2015: $1,159,661Net Assets 2015: $121,1272015Assets 2016: $997,849Liabilities 2016: $917,228Net Assets 2016: $80,6212016Assets 2017: $999,171Liabilities 2017: $893,133Net Assets 2017: $106,0382017Assets 2018: $1,166,976Liabilities 2018: $784,741Net Assets 2018: $382,2352018Assets 2019: $1,484,434Liabilities 2019: $955,082Net Assets 2019: $529,3522019Assets 2020: $1,824,893Liabilities 2020: $1,018,218Net Assets 2020: $806,6752020Assets 2021: $2,163,468Liabilities 2021: $840,358Net Assets 2021: $1,323,1102021Assets 2022: $2,347,437Liabilities 2022: $745,303Net Assets 2022: $1,602,1342022Assets 2023: $2,982,326Liabilities 2023: $1,103,424Net Assets 2023: $1,878,9022023Assets 2024: $2,686,001Liabilities 2024: $693,510Net Assets 2024: $1,992,4912024Assets 2025: $2,735,166Liabilities 2025: $790,165Net Assets 2025: $1,945,0012025

Highlighted filing

2018

Assets$1,166,976
Liabilities$784,741
Net Assets$382,235

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $2,260,596Expenses 2012: $2,351,068Net Income 2012: -$90,4722012Expenses 2013: $2,245,4902013Revenue 2014: $2,144,528Expenses 2014: $2,106,756Net Income 2014: $37,7722014Revenue 2015: $2,063,555Expenses 2015: $2,004,518Net Income 2015: $59,0372015Revenue 2016: $1,649,625Expenses 2016: $1,690,131Net Income 2016: -$40,5062016Revenue 2017: $1,859,645Expenses 2017: $1,834,228Net Income 2017: $25,4172017Revenue 2018: $1,903,980Expenses 2018: $1,627,783Net Income 2018: $276,1972018Revenue 2019: $1,849,506Expenses 2019: $1,702,389Net Income 2019: $147,1172019Revenue 2020: $1,997,135Expenses 2020: $1,719,812Net Income 2020: $277,3232020Revenue 2021: $2,356,272Expenses 2021: $1,840,281Net Income 2021: $515,9912021Revenue 2022: $2,318,295Expenses 2022: $2,039,271Net Income 2022: $279,0242022Revenue 2023: $2,616,564Expenses 2023: $2,339,796Net Income 2023: $276,7682023Revenue 2024: $2,882,305Expenses 2024: $2,944,249Net Income 2024: -$61,9442024Revenue 2025: $3,066,564Expenses 2025: $3,114,054Net Income 2025: -$47,4902025

Highlighted filing

2018

Revenue$1,903,980
Expenses$1,627,783
Net Income$276,197
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 3, 2018
Return Version
2017v2.2
Gross Receipts
$2,015,159
Mission and Program Overview

Mission

PRIVATE SCHOOL

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$764,338$737,794▼ $26,544
Cash and Non-Interest-Bearing Accounts$162,005$373,943▲ $211,938
Savings and Temporary Cash Investments$52,832$52,833▲ $1
Accounts Receivable$18,113$1,448▼ $16,665
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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$999,171$1,166,976▲ $167,805
Other Assets Total$1,883$958▼ $925
Liabilities
Mortgage Notes Payable Secured by Investment Property$337,013$315,344▼ $21,669
Deferred Revenue$228,931$235,096▲ $6,165
Accounts Payable and Accrued Expenses$327,189$234,301▼ $92,888
Total Liabilities$893,133$784,741▼ $108,392
Net Assets / Fund Balance
Unrestricted Net Assets$63,265$329,402▲ $266,137
Permanently Rstr Net Assets$42,773$52,833▲ $10,060
Total Net Assets Fund Balance$106,038$382,235▲ $276,197
Total Liabilities and Net Assets / Fund Balance$999,171$1,166,976▲ $167,805

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$619,184$1,012,504$1,631,688
Equipment$11,097$445,743$456,840
Land$107,513-$107,513
Leasehold Improvements-$23,891$23,891
Other Land Buildings-$22,274$22,274
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tommy AmorosoHead of SchoolFT$81,500$81,500

Board Members and Trustees

NameTitle
John W Funderburk JrChairman
Bill HardawayVice Chairman
Charlie DanielTrustee
Dru GoodwinTrustee
Justin CollinsTrustee
Vicki MathewsTrustee
John WelchHead of School
Ashley WaldrepSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$79,294
Program Service Revenue
$1,624,473
Investment Income
$170
Other Revenue
$200,043
All Other Contributions
$79,294
Change in Net Assets
$276,197
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,169,166
Other Expenses$458,617
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$844,295$154,848-$999,143
Occupancy$100,416--$100,416
Payroll Taxes$76,136$12,387-$88,523
Current Officers, Directors, Trustees, and Key Employees$81,500--$81,500
Information Technology$46,136--$46,136
Depreciation Depletion$39,630--$39,630
Other Expenses$34,677--$34,677
Insurance$33,481--$33,481
All Other Expenses$18,730--$18,730
Interest-$18,501-$18,501
Fees for Services Accounting-$10,020-$10,020
Advertising$4,270--$4,270
Travel$4,006--$4,006
Office Expenses-$3,452-$3,452
Fees for Services Legal-$110-$110
Total Functional Expenses$1,428,465$199,318$0$1,627,783
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$311,222
Fundraising Direct Expenses$111,179
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Winter Wonderland and other$311,222$311,222$111,179$200,043
Total Events$311,222$311,222$111,179$200,043
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
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
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

Form 990 is provided to each trustee

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

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Flint River Academy Inc
EIN
58-6073296
Phone
7065535056
Address
PO BOX 247, WOODBURY, GA 30293

Signing Officer

Name
John Welch
Title
Head of School
Signed
2018-12-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tommy Amoroso
Formed
1970
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
6
Employees
54
Volunteers
300

Preparer

Firm
Ajk LLC
Address
PO Box 609, Manchester, GA 31816
Preparer
David C Jordan
Phone
7068468401
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Scholarships

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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/OtherExpensesGrp/Desc2LUNCH PROGRAM
IRS990/OtherExpensesGrp/Desc3BUS TRANSPORTATION
IRS990/OtherExpensesGrp/ProgramServicesAmt059133
IRS990/OtherExpensesGrp/ProgramServicesAmt149153
IRS990/OtherExpensesGrp/ProgramServicesAmt236902
IRS990/OtherExpensesGrp/ProgramServicesAmt334677
IRS990/OtherExpensesGrp/TotalAmt059133
IRS990/OtherExpensesGrp/TotalAmt149153
IRS990/OtherExpensesGrp/TotalAmt236902
IRS990/OtherExpensesGrp/TotalAmt334677
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0154848
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0844295
IRS990/OtherSalariesAndWagesGrp/TotalAmt0999143
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012387
IRS990/PayrollTaxesGrp/ProgramServicesAmt076136
IRS990/PayrollTaxesGrp/TotalAmt088523
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt042773
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt052833
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Tommy Amoroso
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/Desc1TUITION & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt067440
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11557033
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt067440
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11557033
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt013200
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0594478
IRS990/PYOtherRevenueAmt060
IRS990/PYProgramServiceRevenueAmt01846385
IRS990/PYRevenuesLessExpensesAmt025417
IRS990/PYSalariesCompEmpBnftPaidAmt01239750
IRS990/PYTotalExpensesAmt01834228
IRS990/PYTotalRevenueAmt01859645
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0276197
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt052832
IRS990/SavingsAndTempCashInvstGrp/EOYAmt052833
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0619184
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01012504
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01631688
IRS990ScheduleD/EquipmentGrp/BookValueAmt011097
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0445743
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0456840
IRS990ScheduleD/LandGrp/BookValueAmt0107513
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0107513
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt023891
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt023891
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022274
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022274
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Scholarships
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0737794
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/DirectExpenseSummaryEventsAmt0111179
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Winter Wonderland and other
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0311222
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0311222
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0311222
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0311222
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0200043
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0111179
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0111179
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0The School holds various events attended primarily by parents to raise funds for the school .
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2b - Fundraiser Additional Information
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO EACH TRUSTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0999171
IRS990/TotalAssetsEOYAmt01166976
IRS990/TotalAssetsGrp/BOYAmt0999171
IRS990/TotalAssetsGrp/EOYAmt01166976
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt079294
IRS990/TotalEmployeeCnt054
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0199318
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01428465
IRS990/TotalFunctionalExpensesGrp/TotalAmt01627783
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0893133
IRS990/TotalLiabilitiesEOYAmt0784741
IRS990/TotalLiabilitiesGrp/BOYAmt0893133
IRS990/TotalLiabilitiesGrp/EOYAmt0784741
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0106038
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0382235

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$0.79$1.95$3.07$3.11$0.05
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.69$0.69$1.99$2.88$2.94$0.06
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$1.10$1.88$2.62$2.34$0.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.35$0.75$1.60$2.32$2.04$0.28
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$0.84$1.32$2.36$1.84$0.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$1.02$0.81$2.00$1.72$0.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.96$0.53$1.85$1.70$0.15
2018Detailed filing. Detailed filing data is available for this year.$1.17$0.78$0.38$1.90$1.63$0.28
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.89$0.11$1.86$1.83$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.00$0.92$0.08$1.65$1.69$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.28$1.16$0.12$2.06$2.00$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.43$1.37$0.06$2.14$2.11$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$1.73$0.02$2.25
2012Summary only. Only limited summary data is available for this year.$1.36$1.36$0.01$2.26$2.35$0.09