Civic Intelligence

Glades Day School Inc.

990 • Fiscal year 2020 • EIN 59-1101072

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2021

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

66th percentile

0.24x

Higher debt load relative to assets than 66% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

59th percentile

0.20x

Higher debt load relative to revenue than 59% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

55th percentile

7.7%

Higher net margin than 55% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

76th percentile

26%

Faster asset growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

67th percentile

11%

Faster revenue growth than 67% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,962,078

Up $615,458 (+26%) from 2019

Net Assets

Up

$2,264,834

Up $256,604 (+13%) from 2019

Liabilities

Up

$697,244

Up $358,854 (+106%) from 2019

Revenue

Up

$3,438,781

Up $343,350 (+11%) from 2019

Expenses

Down

$3,174,541

Down $65,645 (-2.0%) from 2019

Net Income

Up

$264,240

Up $408,995 (+283%) from 2019

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

2020

Assets$2,962,078
Liabilities$697,244
Net Assets$2,264,834

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

2020

Revenue$3,438,781
Expenses$3,174,541
Net Income$264,240
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.0
Gross Receipts
$3,499,440
Mission and Program Overview

Mission

Education of elementary and high school students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,608,801$1,623,887▲ $15,086
Cash and Non-Interest-Bearing Accounts$597,253$1,241,454▲ $644,201
Accounts Receivable$79,449$47,400▼ $32,049
Investments in Publicly Traded Securities$54,210$46,574▼ $7,636
Prepaid Expenses and Deferred Charges$6,907$2,763▼ $4,144
Total Assets$2,346,620$2,962,078▲ $615,458
Liabilities
Mortgage Notes Payable Secured by Investment Property$113,519$436,378▲ $322,859
Accounts Payable and Accrued Expenses$144,214$183,318▲ $39,104
Deferred Revenue$80,657$77,548▼ $3,109
Total Liabilities$338,390$697,244▲ $358,854
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,954,020$2,218,260▲ $264,240
Net Assets With Donor Restrictions$54,210$46,574▼ $7,636
Total Net Assets Fund Balance$2,008,230$2,264,834▲ $256,604
Total Liabilities and Net Assets / Fund Balance$2,346,620$2,962,078▲ $615,458

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,187,806$2,022,416$3,210,222
Equipment$186,954$1,703,288$1,890,242
Land$249,125-$249,125
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jake DavisChairman
Stephen M WeeksVice Chairma
Deena PerrymanDirector
Scott DesrochersDirector
Scott WilkinsDirector
William SanchezDirector
Willie BuenoDirector
Deanna DeatonSecretary
David LivelyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$396,500
Program Service Revenue
$2,475,286
Investment Income
$6,156
Other Revenue
$560,839
All Other Contributions
$396,500
Change in Net Assets
$264,240
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,167,890
Other Expenses$1,006,651
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,243,260$611,927-$1,855,187
Occupancy$88,941$59,294-$148,235
Other Employee Benefits$95,998$45,823-$141,821
Payroll Taxes$92,951$44,368-$137,319
Depreciation Depletion$90,388$43,144-$133,532
Insurance$74,648$49,765-$124,413
All Other Expenses$41,911$31,512-$73,423
Information Technology$64,046--$64,046
Pension Plan Contributions$22,719$10,844-$33,563
Other Expenses$25,107$1,881-$26,988
Conferences and Meetings$7,996$3,817-$11,813
Fees for Services Accounting-$11,500-$11,500
Interest$3,818--$3,818
Advertising-$2,231-$2,231
Office Expenses-$748-$748
Total Functional Expenses$2,257,687$916,854$0$3,174,541
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$315,052
Fundraising Direct Expenses$60,659
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Gala$234,858$234,858$41,589$193,269
Ticket Raffle$50,000$50,000$10,633$39,367
Total Events$315,052$315,052$60,659$254,393
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
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
Vice Chairman
Phone
5619966769
Signed
2021-05-17
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
70

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/PYOtherExpensesAmt01164024
IRS990/PYOtherRevenueAmt0230225
IRS990/PYProgramServiceRevenueAmt02400500
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IRS990/PYSalariesCompEmpBnftPaidAmt02076162
IRS990/PYTotalExpensesAmt03240186
IRS990/PYTotalRevenueAmt03095431
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IRS990/ReconcilationRevenueExpnssAmt0264240
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02475286
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01187806
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02022416
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03210222
IRS990ScheduleD/EquipmentGrp/BookValueAmt0186954
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01703288
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01890242
IRS990ScheduleD/LandGrp/BookValueAmt0249125
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0249125
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01623885
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
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRING GALA
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt030194
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0315052
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0254393
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt08437
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt060659
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt041589
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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
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt02962078
IRS990/TotalAssetsGrp/BOYAmt02346620
IRS990/TotalAssetsGrp/EOYAmt02962078
IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalEmployeeCnt070
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0916854
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02257687
IRS990/TotalFunctionalExpensesGrp/TotalAmt03174541
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0338390
IRS990/TotalLiabilitiesEOYAmt0697244
IRS990/TotalLiabilitiesGrp/BOYAmt0338390
IRS990/TotalLiabilitiesGrp/EOYAmt0697244
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02008230
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IRS990/TotalProgramServiceExpensesAmt02257687
IRS990/TotalProgramServiceRevenueAmt02475286
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02787888
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03438781
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02346620
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02962078
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN M WEEKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum05619966769
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLADES DAY SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0GLAD
ReturnHeader/Filer/EIN0591101072
ReturnHeader/Filer/PhoneNum05619966769
ReturnHeader/Filer/USAddress/AddressLine1Txt0400 GATOR BLVD

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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $1M-$5M nonprofits