Civic Intelligence

Glades Day School Inc.

990 • Fiscal year 2016 • EIN 59-1101072

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

400 Gator BlvdBelle Glade, FL 33430

(561) 996-6769

Siviq Scores

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

Liabilities / Assets

61st percentile

0.19x

Higher debt load relative to assets than 61% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

52nd percentile

0.12x

Higher debt load relative to revenue than 52% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

64th percentile

7.6%

Higher net margin than 64% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

71st percentile

9.3%

Faster asset growth than 71% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

37th percentile

-1.8%

Faster revenue growth than 37% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$2,158,768

Up $182,950 (+9.3%) from 2015

Net Assets

Up

$1,740,645

Up $255,917 (+17%) from 2015

Liabilities

Down

$418,123

Down $72,967 (-15%) from 2015

Revenue

Down

$3,487,743

Down $64,001 (-1.8%) from 2015

Expenses

Down

$3,223,799

Down $179,179 (-5.3%) from 2015

Net Income

Up

$263,944

Up $115,178 (+77%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,706,195Liabilities 2011: $906,090Net Assets 2011: $800,1052011Assets 2012: $1,429,723Liabilities 2012: $639,440Net Assets 2012: $790,2832012Assets 2013: $1,743,326Liabilities 2013: $629,362Net Assets 2013: $1,113,9642013Assets 2014: $1,948,638Liabilities 2014: $585,306Net Assets 2014: $1,363,3322014Assets 2015: $1,975,818Liabilities 2015: $491,090Net Assets 2015: $1,484,7282015Assets 2016: $2,158,768Liabilities 2016: $418,123Net Assets 2016: $1,740,6452016Assets 2017: $2,318,256Liabilities 2017: $411,605Net Assets 2017: $1,906,6512017Assets 2018: $2,537,949Liabilities 2018: $401,990Net Assets 2018: $2,135,9592018Assets 2019: $2,346,620Liabilities 2019: $338,390Net Assets 2019: $2,008,2302019Assets 2020: $2,962,078Liabilities 2020: $697,244Net Assets 2020: $2,264,8342020Assets 2021: $3,310,407Liabilities 2021: $337,890Net Assets 2021: $2,972,5172021Assets 2022: $3,276,945Liabilities 2022: $377,506Net Assets 2022: $2,899,4392022Assets 2023: $3,097,545Liabilities 2023: $378,178Net Assets 2023: $2,719,3672023Assets 2024: $3,245,424Liabilities 2024: $399,648Net Assets 2024: $2,845,7762024

Highlighted filing

2016

Assets$2,158,768
Liabilities$418,123
Net Assets$1,740,645

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,395,7252011Expenses 2012: $3,278,3222012Expenses 2013: $3,220,3552013Revenue 2014: $3,375,318Expenses 2014: $3,136,776Net Income 2014: $238,5422014Revenue 2015: $3,551,744Expenses 2015: $3,402,978Net Income 2015: $148,7662015Revenue 2016: $3,487,743Expenses 2016: $3,223,799Net Income 2016: $263,9442016Revenue 2017: $3,539,954Expenses 2017: $3,256,922Net Income 2017: $283,0322017Revenue 2018: $3,262,741Expenses 2018: $3,026,922Net Income 2018: $235,8192018Revenue 2019: $3,095,431Expenses 2019: $3,240,186Net Income 2019: -$144,7552019Revenue 2020: $3,438,781Expenses 2020: $3,174,541Net Income 2020: $264,2402020Revenue 2021: $4,212,360Expenses 2021: $3,516,339Net Income 2021: $696,0212021Revenue 2022: $4,356,736Expenses 2022: $4,417,998Net Income 2022: -$61,2622022Revenue 2023: $4,409,872Expenses 2023: $4,589,067Net Income 2023: -$179,1952023Revenue 2024: $5,077,628Expenses 2024: $4,953,578Net Income 2024: $124,0502024

Highlighted filing

2016

Revenue$3,487,743
Expenses$3,223,799
Net Income$263,944
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$3,537,600
Mission and Program Overview

Mission

Education of elementary and high school students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,372,594$1,368,022▼ $4,572
Cash and Non-Interest-Bearing Accounts$438,791$679,783▲ $240,992
Investments in Publicly Traded Securities$74,877$66,659▼ $8,218
Accounts Receivable$89,556$44,304▼ $45,252
Total Assets$1,975,818$2,158,768▲ $182,950
Liabilities
Mortgage Notes Payable Secured by Investment Property$250,517$206,977▼ $43,540
Deferred Revenue$152,346$124,880▼ $27,466
Accounts Payable and Accrued Expenses$88,227$86,266▼ $1,961
Total Liabilities$491,090$418,123▼ $72,967
Net Assets / Fund Balance
Unrestricted Net Assets$1,337,299$1,619,665▲ $282,366
Permanently Rstr Net Assets$79,595$70,980▼ $8,615
Temporarily Rstr Net Assets$67,834$50,000▼ $17,834
Total Net Assets Fund Balance$1,484,728$1,740,645▲ $255,917
Total Liabilities and Net Assets / Fund Balance$1,975,818$2,158,768▲ $182,950

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,118,897$3,260,501$4,379,398
Land$249,125-$249,125
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephen M WeeksChairman
Brian LohmannVice Chairma
Claudia PerkinsDirector
Donia RobertsDirector
Tim KirchmanDirector
Timothy SteinDirector
Walter PopeDirector
Chelsa HilliardSecretary
David LivelyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$532,389
Program Service Revenue
$2,685,686
Investment Income
$14,461
Other Revenue
$255,207
All Other Contributions
$532,389
Change in Net Assets
$263,944
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,082,347
Other Expenses$1,141,452
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,365,006$427,458-$1,792,464
Occupancy$129,194$86,129-$215,323
Insurance$80,959$53,973-$134,932
Payroll Taxes$103,167$31,305-$134,472
Other Employee Benefits$92,305$28,009-$120,314
Depreciation Depletion$77,784$23,603-$101,387
All Other Expenses$18,775$45,836-$64,611
Information Technology$57,983--$57,983
Pension Plan Contributions$26,926$8,171-$35,097
Other Expenses$23,287$1,171-$24,458
Fees for Services Accounting-$11,250-$11,250
Conferences and Meetings$8,238$2,499-$10,737
Interest$10,460--$10,460
Office Expenses-$1,589-$1,589
Total Functional Expenses$2,502,806$720,993$0$3,223,799
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$239,966
Fundraising Direct Expenses$49,857
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Gala$168,673$168,673$10,813$157,860
Ticket Raffle$48,435$48,435-$48,435
Total Events$239,966$239,966$49,857$190,109
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board reviews the form 990 at its regular meetings prior to the return being filed .

Form 990, Page 6, Part VI, Line 15A

The board must approve the employment contract of top management.

Form 990, Page 6, Part VI, Line 15B

The board must approve the employment contract of all key employees.

Form 990, Page 6, Part VI, Line 19

All documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Glades Day School
EIN
59-1101072
Phone
5619966769
Address
400 GATOR BLVD, BELLE GLADE, FL 33430

Signing Officer

Name
Stephen M Weeks
Title
Chairman
Phone
5619966769
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen M Weeks
Formed
1969
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
78

Preparer

Firm
Nowlen Holt & Miner Pa
Address
515 N FLAGLER DRIVE STE 1700, WEST PALM BEACH, FL 33401-4330
Preparer
Robert W Hendrix
Phone
5616593060
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02685686
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/LandGrp/BookValueAmt0249125
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0249125
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01118897
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03260501
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04379398
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01368022
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/ExplanationTxt0POLICY IS PUBLISHED IN LOCAL MEDIA.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt09300
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt09300
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt049857
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0700
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0700
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRING GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0TICKET RAFFLE
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02314
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0414
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt02728
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0168673
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt048435
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt022858
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0239966
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0168673
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt048435
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt022858
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0239966
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0190109
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt06199
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesOtherEventsAmt01459
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt07658
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt02035
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt012848
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010813
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt014998
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt01625
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt016623
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS THE FORM 990 AT ITS REGULAR MEETINGS PRIOR TO THE RETURN BEING FILED .
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MUST APPROVE THE EMPLOYMENT CONTRACT OF TOP MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MUST APPROVE THE EMPLOYMENT CONTRACT OF ALL KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt067834
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt050000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01975818
IRS990/TotalAssetsEOYAmt02158768
IRS990/TotalAssetsGrp/BOYAmt01975818
IRS990/TotalAssetsGrp/EOYAmt02158768
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0532389
IRS990/TotalEmployeeCnt078
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0720993
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02502806
IRS990/TotalFunctionalExpensesGrp/TotalAmt03223799
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0491090
IRS990/TotalLiabilitiesEOYAmt0418123
IRS990/TotalLiabilitiesGrp/BOYAmt0491090
IRS990/TotalLiabilitiesGrp/EOYAmt0418123
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01484728
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01740645
IRS990/TotalProgramServiceExpensesAmt02502806
IRS990/TotalProgramServiceRevenueAmt02685686
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02765245
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03487743
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01975818
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02158768
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01337299
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01619665
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0601 NE 3RD STREET
IRS990/USAddress/CityNm0BELLE GLADE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033430
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.GLADESDAYSCHOOL.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN M WEEKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum05619966769
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLADES DAY SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0GLAD
ReturnHeader/Filer/EIN0591101072

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.25$0.40$2.85$5.08$4.95$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.10$0.38$2.72$4.41$4.59$0.18
2022Detailed filing. Detailed filing data is available for this year.$3.28$0.38$2.90$4.36$4.42$0.06
2021Detailed filing. Detailed filing data is available for this year.$3.31$0.34$2.97$4.21$3.52$0.70
2020Detailed filing. Detailed filing data is available for this year.$2.96$0.70$2.26$3.44$3.17$0.26
2019Detailed filing. Detailed filing data is available for this year.$2.35$0.34$2.01$3.10$3.24$0.14
2018Detailed filing. Detailed filing data is available for this year.$2.54$0.40$2.14$3.26$3.03$0.24
2017Detailed filing. Detailed filing data is available for this year.$2.32$0.41$1.91$3.54$3.26$0.28
2016Detailed filing. Detailed filing data is available for this year.$2.16$0.42$1.74$3.49$3.22$0.26
2015Detailed filing. Detailed filing data is available for this year.$1.98$0.49$1.48$3.55$3.40$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.95$0.59$1.36$3.38$3.14$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.63$1.11$3.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.64$0.79$3.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.91$0.80$3.40