Civic Intelligence

Clearwater Academy International Inc.

990 • Fiscal year 2014 • EIN 59-2987746

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 19, 2015

801 Drew StreetClearwater, FL 33755

(727) 446-1722

Siviq Scores

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

Liabilities / Assets

75th percentile

0.42x

Higher debt load relative to assets than 75% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

82nd percentile

0.82x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

57th percentile

4.9%

Higher net margin than 57% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

44th percentile

$48,024

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

38th percentile

-0.8%

Faster asset growth than 38% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

48th percentile

3.0%

Faster revenue growth than 48% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$4,090,673

Down $31,586 (-0.8%) from 2013

Net Assets

Up

$2,376,855

Up $102,653 (+4.5%) from 2013

Liabilities

Down

$1,713,818

Down $134,239 (-7.3%) from 2013

Revenue

Up

$2,095,057

Up $61,365 (+3.0%) from 2013

Expenses

Up

$1,992,404

Up $53,225 (+2.7%) from 2013

Net Income

Up

$102,653

Up $8,140 (+8.6%) from 2013

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,300,152Liabilities 2010: $2,126,766Net Assets 2010: $2,173,3862010Assets 2011: $4,240,785Liabilities 2011: $2,037,565Net Assets 2011: $2,203,2202011Assets 2012: $4,103,218Liabilities 2012: $1,923,529Net Assets 2012: $2,179,6892012Assets 2013: $4,122,259Liabilities 2013: $1,848,057Net Assets 2013: $2,274,2022013Assets 2014: $4,090,673Liabilities 2014: $1,713,818Net Assets 2014: $2,376,8552014Assets 2015: $4,019,223Liabilities 2015: $1,730,902Net Assets 2015: $2,288,3212015Assets 2016: $4,191,746Liabilities 2016: $1,783,442Net Assets 2016: $2,408,3042016Assets 2017: $4,268,811Liabilities 2017: $1,725,449Net Assets 2017: $2,543,3622017Assets 2018: $2,880,463Liabilities 2018: $1,205,762Net Assets 2018: $1,674,7012018Assets 2019: $2,888,530Liabilities 2019: $1,130,292Net Assets 2019: $1,758,2382019Assets 2020: $3,048,833Liabilities 2020: $1,106,080Net Assets 2020: $1,942,7532020Assets 2021: $3,655,224Liabilities 2021: $1,311,194Net Assets 2021: $2,344,0302021Assets 2022: $3,904,025Liabilities 2022: $978,683Net Assets 2022: $2,925,3422022Assets 2023: $4,592,590Liabilities 2023: $1,210,122Net Assets 2023: $3,382,4682023Assets 2024: $4,862,540Liabilities 2024: $1,166,285Net Assets 2024: $3,696,2552024

Highlighted filing

2014

Assets$4,090,673
Liabilities$1,713,818
Net Assets$2,376,855

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $1,985,217Expenses 2010: $1,872,909Net Income 2010: $112,3082010Revenue 2011: $2,035,345Expenses 2011: $1,959,924Net Income 2011: $75,4212011Revenue 2012: $1,962,328Expenses 2012: $1,993,841Net Income 2012: -$31,5132012Revenue 2013: $2,033,692Expenses 2013: $1,939,179Net Income 2013: $94,5132013Revenue 2014: $2,095,057Expenses 2014: $1,992,404Net Income 2014: $102,6532014Revenue 2015: $1,134,183Expenses 2015: $1,239,265Net Income 2015: -$105,0822015Revenue 2016: $2,300,507Expenses 2016: $2,180,524Net Income 2016: $119,9832016Revenue 2017: $2,332,517Expenses 2017: $2,197,459Net Income 2017: $135,0582017Revenue 2018: $1,375,361Expenses 2018: $2,244,022Net Income 2018: -$868,6612018Revenue 2019: $2,450,541Expenses 2019: $2,367,004Net Income 2019: $83,5372019Revenue 2020: $2,575,188Expenses 2020: $2,383,248Net Income 2020: $191,9402020Revenue 2021: $2,896,530Expenses 2021: $2,491,906Net Income 2021: $404,6242021Revenue 2022: $3,417,546Expenses 2022: $2,834,203Net Income 2022: $583,3432022Revenue 2023: $3,828,902Expenses 2023: $3,380,971Net Income 2023: $447,9312023Revenue 2024: $4,434,943Expenses 2024: $4,121,156Net Income 2024: $313,7872024

Highlighted filing

2014

Revenue$2,095,057
Expenses$1,992,404
Net Income$102,653
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 19, 2015
Return Version
2014v5.0
Gross Receipts
$2,120,446
Mission and Program Overview

Mission

To educate preschool through 12th grade children in a safe and cultural environment where the ability of each child is enhanced for maximum potential and success in life.

Education

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,560,644$3,519,536▼ $41,108
Rtn Earn Endowment Incm Other Fnds$2,274,202$2,376,855▲ $102,653
Cash and Non-Interest-Bearing Accounts$220,658$297,595▲ $76,937
Savings and Temporary Cash Investments$251,912$183,827▼ $68,085
Other Notes and Loans Receivable, Net$35,042$33,180▼ $1,862
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$4,122,259$4,090,673▼ $31,586
Other Assets Total$54,003$56,535▲ $2,532
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,663,118$1,663,118→ $0
Deferred Revenue$179,066$45,287▼ $133,779
Other Liabilities$2,451$4,678▲ $2,227
Accounts Payable and Accrued Expenses$3,422$735▼ $2,687
Total Liabilities$1,848,057$1,713,818▼ $134,239
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,274,202$2,376,855▲ $102,653
Total Liabilities and Net Assets / Fund Balance$4,122,259$4,090,673▼ $31,586

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,494,317$559,544$2,053,861
Land$1,832,157-$1,832,157
Other Land Buildings$193,062$431,871$624,933
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
James B ZwersExecutive DirectorFT$48,024$48,024

Board Members and Trustees

NameTitle
Jeffrey FeldmanDirector, President
Kathy ZwersDirector, Vice-President
Sikica FeldmanDirector, Secretary
Judith A GilbertDirector, Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$60,121
Program Service Revenue
$1,995,445
Investment Income
$215
Other Revenue
$39,276
All Other Contributions
$60,121
Change in Net Assets
$102,653
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,217,338
Other Expenses$775,066
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$1,075,288--$1,075,288
All Other Expenses$164,329--$164,329
Depreciation Depletion$107,845--$107,845
Payroll Taxes$90,297$3,729-$94,026
Occupancy$79,010--$79,010
Current Officers, Directors, Trustees, and Key Employees-$48,024-$48,024
Interest$47,344--$47,344
Other Expenses$40,135--$40,135
Insurance$22,202--$22,202
Advertising$21,882--$21,882
Fees for Services Legal$19,465--$19,465
Conferences and Meetings$9,413--$9,413
Fees for Services Accounting$4,227--$4,227
Office Expenses$1,816--$1,816
Total Functional Expenses$1,940,651$51,753$0$1,992,404
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$64,665
Fundraising Direct Expenses$25,389
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$23,575$23,575$7,336$16,239
Circle of Knights$23,545$23,545$5,625$17,920
Total Events$64,665$64,665$21,543$43,122
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$3,678
Other Payables$1,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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, Section A, line 2

Director Jim Zwers is married to Director Kathy Zwers. Director Jeffrey Feldman is married to Director Sikica Feldman.

Form 990, Part VI, Section B, line 11

The Executive Director (also Member, Board of Directors); President, Finance Director and Treasurer generally review the Annual Form 990 before it is filed. Additionally, the Annual Form 990 is made available for review at the next Board of Director's Meeting after its preparation.

Form 990, Part VI, Section C, line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Clearwater Academy International
EIN
59-2987746
Phone
7274461722
Address
801 DREW STREET, CLEARWATER, FL 33755

Signing Officer

Name
James Zwers
Title
Executive Director
Phone
7274461722
Signed
2015-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Zwers
Formed
1995
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
4
Employees
58
Volunteers
40

Preparer

Firm
Gilbert Tax Group LLC
Address
300 S Prospect Avenue, Clearwater, FL 33756
Preparer
Judith A Gilbert CPA
Phone
7274464725
Raw XML Appendix386 raw XML fields

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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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Other Payables
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll Liabilities
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03519536
IRS990ScheduleD/TotalLiabilityAmt04678
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Legal notice placed in local county newspaper.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1All records and copies maintained in appropriate files.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 4
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt021543
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Circle of Knights
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023575
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt023545
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt017545
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt064665
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023575
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt023545
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt017545
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt064665
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt043122
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt08582
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt021543
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07336
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt05625
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Director Jim Zwers is married to Director Kathy Zwers. Director Jeffrey Feldman is married to Director Sikica Feldman.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Executive Director (also Member, Board of Directors); President, Finance Director and Treasurer generally review the Annual Form 990 before it is filed. Additionally, the Annual Form 990 is made available for review at the next Board of Director's Meeting after its preparation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04122259
IRS990/TotalAssetsEOYAmt04090673
IRS990/TotalAssetsGrp/BOYAmt04122259
IRS990/TotalAssetsGrp/EOYAmt04090673
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt060121
IRS990/TotalEmployeeCnt058
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051753
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01940651
IRS990/TotalFunctionalExpensesGrp/TotalAmt01992404
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01848057
IRS990/TotalLiabilitiesEOYAmt01713818
IRS990/TotalLiabilitiesGrp/BOYAmt01848057
IRS990/TotalLiabilitiesGrp/EOYAmt01713818
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02274202
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02376855
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01940651
IRS990/TotalProgramServiceRevenueAmt01995445
IRS990/TotalReportableCompFromOrgAmt048024
IRS990/TotalRevenueGrp/ExclusionAmt039276
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01995660
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02095057
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04122259
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04090673
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0801 Drew Street
IRS990/USAddress/CityNm0Clearwater
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033755
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.CLEARWATERACADEMY.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0James Zwers
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07274461722
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLEARWATER ACADEMY INTERNATIONAL
ReturnHeader/Filer/BusinessNameControlTxt0CLEA
ReturnHeader/Filer/EIN0592987746
ReturnHeader/Filer/PhoneNum07274461722
ReturnHeader/Filer/USAddress/AddressLine1Txt0801 DREW STREET
ReturnHeader/Filer/USAddress/CityNm0CLEARWATER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033755
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0331206760
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Gilbert Tax Group LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 S Prospect Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clearwater
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033756
ReturnHeader/PreparerPersonGrp/PhoneNum07274464725
ReturnHeader/PreparerPersonGrp/PreparationDt02015-10-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Judith A Gilbert CPA
ReturnHeader/ReturnTs02015-10-19T15:04:17-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.86$1.17$3.70$4.43$4.12$0.31
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.59$1.21$3.38$3.83$3.38$0.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.90$0.98$2.93$3.42$2.83$0.58
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.66$1.31$2.34$2.90$2.49$0.40
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.05$1.11$1.94$2.58$2.38$0.19
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$1.13$1.76$2.45$2.37$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.88$1.21$1.67$1.38$2.24$0.87
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.27$1.73$2.54$2.33$2.20$0.14
2016Summary only. Only limited summary data is available for this year.$4.19$1.78$2.41$2.30$2.18$0.12
2015Summary only. Only limited summary data is available for this year.$4.02$1.73$2.29$1.13$1.24$0.11
2014Detailed filing. Detailed filing data is available for this year.$4.09$1.71$2.38$2.10$1.99$0.10
2013Summary only. Only limited summary data is available for this year.$4.12$1.85$2.27$2.03$1.94$0.09
2012Summary only. Only limited summary data is available for this year.$4.10$1.92$2.18$1.96$1.99$0.03
2011Summary only. Only limited summary data is available for this year.$4.24$2.04$2.20$2.04$1.96$0.08
2010Summary only. Only limited summary data is available for this year.$4.30$2.13$2.17$1.99$1.87$0.11
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $1M-$5M nonprofits