Civic Intelligence

Textbook & Academic Authors Association Inc.

990 • Fiscal year 2019 • EIN 59-3013967

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 15, 2020

5885 Central Avenue Ste ASt Petersburg, FL 33710

(727) 563-0020

Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

12th percentile

0.00x

Higher debt load relative to revenue than 12% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Net Margin

6th percentile

-17%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

43rd percentile

$121,500

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 17.3% of source-year revenue.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Asset Growth

16th percentile

-6.2%

Faster asset growth than 16% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

95th percentile

47%

Faster revenue growth than 95% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,776,863

Down $117,289 (-6.2%) from 2018

Net Assets

Down

$1,775,875

Down $117,266 (-6.2%) from 2018

Liabilities

Down

$988

Down $23 (-2.3%) from 2018

Revenue

Up

$702,969

Up $223,560 (+47%) from 2018

Expenses

Up

$820,235

Up $72,264 (+9.7%) from 2018

Net Income

Up

-$117,266

Up $151,296 (+56%) from 2018

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 2011: $2,253,395Liabilities 2011: $27,955Net Assets 2011: $2,225,4402011Assets 2012: $2,241,715Liabilities 2012: $6,108Net Assets 2012: $2,235,6072012Assets 2013: $2,392,304Liabilities 2013: $20,598Net Assets 2013: $2,371,7062013Assets 2014: $2,544,315Liabilities 2014: $88,145Net Assets 2014: $2,456,1702014Assets 2015: $2,162,596Liabilities 2015: $0Net Assets 2015: $2,162,5962015Assets 2016: $1,886,345Liabilities 2016: $0Net Assets 2016: $1,886,3452016Assets 2017: $2,163,103Liabilities 2017: $1,400Net Assets 2017: $2,161,7032017Assets 2018: $1,894,152Liabilities 2018: $1,011Net Assets 2018: $1,893,1412018Assets 2019: $1,776,863Liabilities 2019: $988Net Assets 2019: $1,775,8752019Assets 2020: $1,690,216Liabilities 2020: $86,065Net Assets 2020: $1,604,1512020Assets 2021: $1,855,184Liabilities 2021: $2,255Net Assets 2021: $1,852,9292021Assets 2022: $2,393,801Liabilities 2022: $10,811Net Assets 2022: $2,382,9902022Assets 2023: $2,788,649Liabilities 2023: $973Net Assets 2023: $2,787,6762023Assets 2024: $2,996,206Liabilities 2024: $8,469Net Assets 2024: $2,987,7372024

Highlighted filing

2019

Assets$1,776,863
Liabilities$988
Net Assets$1,775,875

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $530,8112011Expenses 2012: $621,4882012Revenue 2013: $828,079Expenses 2013: $691,980Net Income 2013: $136,0992013Revenue 2014: $835,235Expenses 2014: $750,771Net Income 2014: $84,4642014Revenue 2015: $712,724Expenses 2015: $793,489Net Income 2015: -$80,7652015Revenue 2016: $502,816Expenses 2016: $779,067Net Income 2016: -$276,2512016Revenue 2017: $965,485Expenses 2017: $690,128Net Income 2017: $275,3572017Revenue 2018: $479,409Expenses 2018: $747,971Net Income 2018: -$268,5622018Revenue 2019: $702,969Expenses 2019: $820,235Net Income 2019: -$117,2662019Revenue 2020: $470,676Expenses 2020: $642,400Net Income 2020: -$171,7242020Revenue 2021: $847,167Expenses 2021: $598,389Net Income 2021: $248,7782021Revenue 2022: $556,063Expenses 2022: $526,494Net Income 2022: $29,5692022Revenue 2023: $639,521Expenses 2023: $552,064Net Income 2023: $87,4572023Revenue 2024: $606,581Expenses 2024: $698,562Net Income 2024: -$91,9812024

Highlighted filing

2019

Revenue$702,969
Expenses$820,235
Net Income-$117,266
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 15, 2020
Return Version
2019v5.0
Gross Receipts
$702,969
Mission and Program Overview

Mission

To enhance the quality of texts and other academic works.

To enhance the quality of texts and other academic works

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,610,828$1,477,972▼ $132,856
Cash and Non-Interest-Bearing Accounts$79,432$297,859▲ $218,427
Savings and Temporary Cash Investments$203,892$1,032▼ $202,860
Total Assets$1,894,152$1,776,863▼ $117,289
Liabilities
Other Liabilities$1,011$988▼ $23
Total Liabilities$1,011$988▼ $23
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,893,141$1,775,875▼ $117,266
Total Net Assets Fund Balance$1,893,141$1,775,875▼ $117,266
Total Liabilities and Net Assets / Fund Balance$1,894,152$1,776,863▼ $117,289
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael SpinellaExecutive DiFT$121,500$121,500

Board Members and Trustees

NameTitle
Laura FrostPresident
Michael SullivanAppointed Me
Ronald PynnAppointed Me
Stephen GillenAppointed Me
Dave DillonCouncil Memb
Erin MctigueCouncil Memb
John P RussoCouncil Memb
Laura JacobiCouncil Memb
Lisa DanielsCouncil Memb
Robert ChristophersonCouncil Memb
Mike KennamerPast Preside
Brenda UlrichSecretary
Juli SaitzTreasurer
Kevin PattonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$7,500
Program Service Revenue
$645,497
Investment Income
$49,972
Other Revenue
$0
Change in Net Assets
$-117,266
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$466,569
Other Expenses$353,666
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$311,200$77,800-$389,000
Office Expenses$48,091$48,519-$96,610
Travel$18,618$31,893-$50,511
Other Employee Benefits$37,475$9,369-$46,844
Conferences and Meetings$36,219$4,309-$40,528
All Other Expenses$16,885$17,723-$34,608
Payroll Taxes$24,580$6,145-$30,725
Fees for Services Accounting-$12,710-$12,710
Other Expenses$9,233$320-$9,233
Advertising$9,026--$9,026
Occupancy-$3,969-$3,969
Insurance-$3,650-$3,650
Fees for Services Other-$2,104-$2,104
Information Technology-$211-$211
Total Functional Expenses$601,513$218,722$0$820,235
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$988
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
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 6

There is membership to the organization and anyone that meets the criteria of membership is entitled to become a member.

Form 990, Page 6, Part VI, Line 7A

Membership is completed by a relationship or working status in the related field and their rights of membership are the benefits associated with the memberships and voting right for the board

Form 990, Page 6, Part VI, Line 9

Michael spinella 117 glen rock road little falls, nj 07424 robert christopherson 1313 volonne drive roseville, ca 95747 lisa daniels 528 tayman drive annapolis, md 21403 dave dillon 6713 limonite court carlsbad, ca 92009 john p. Russo 7 partridge hill rd westminster, ma 01473 ronald pynn 100 curtis ave burlington, vt 05401 stephen gillen c/o 2700 carew tower cincinnati, oh 45202-2917 laura frost 6345 morgan la fee lane fort myers, fl 33912 juli saitz c/o ankura consulting group westport, ct 06880 mike kennamer 240 moses drive henagar, al 35978

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

Form 990 is prepared by an outside accounting firm and the return is then reviewed by members of the board before submission is done.

Form 990, Page 6, Part VI, Line 12C

Enforcement of conflicts policy compliance is monitored and enforced when necessary through open lines of communications, annual reviews and other policies to ensure resolution to conflict should it arise.

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

All compensation changes are based upon industry compensation studies to determine comparative market salaries, matched with organizational budgets, reviewed by personnel and finance committees, and finally approved by council.

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

All compensation changes are based upon industry compensation studies to determine comparative market salaries, matched with organizational budgets, reviewed by personnel and finance committees, and finally approved by council.

Form 990, Page 6, Part VI, Line 18

Financial information and tax return disclosed upon request by parties

Form 990, Page 6, Part VI, Line 19

Documents are made available in pdf format upon written consent

Filing and Contact Details

Filer

Filer Name
Textbook & Academic Authors Associa
EIN
59-3013967
Phone
7275630020
Address
5885 CENTRAL AVENUE STE A, ST PETERSBURG, FL 33710

Signing Officer

Name
Michael Spinella
Title
Executive Director
Phone
9739430501
Signed
2020-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Frost
Formed
1990
Legal Domicile
Fl
Voting Board Members
14
Independent Board Members
14
Employees
5

Preparer

Firm
Loden Fraze & Associates Pa
Address
5885 CENTRAL AVE STE A, ST PETERSBURG, FL 33710-8504
Preparer
Scott T Loden
Phone
7274907336
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IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP IS COMPLETED BY A RELATIONSHIP OR WORKING STATUS IN THE RELATED FIELD AND THEIR RIGHTS OF MEMBERSHIP ARE THE BENEFITS ASSOCIATED WITH THE MEMBERSHIPS AND VOTING RIGHT FOR THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MICHAEL SPINELLA 117 GLEN ROCK ROAD LITTLE FALLS, NJ 07424 ROBERT CHRISTOPHERSON 1313 VOLONNE DRIVE ROSEVILLE, CA 95747 LISA DANIELS 528 TAYMAN DRIVE ANNAPOLIS, MD 21403 DAVE DILLON 6713 LIMONITE COURT CARLSBAD, CA 92009 JOHN P. RUSSO 7 PARTRIDGE HILL RD WESTMINSTER, MA 01473 RONALD PYNN 100 CURTIS AVE BURLINGTON, VT 05401 STEPHEN GILLEN C/O 2700 CAREW TOWER CINCINNATI, OH 45202-2917 LAURA FROST 6345 MORGAN LA FEE LANE FORT MYERS, FL 33912 JULI SAITZ C/O ANKURA CONSULTING GROUP WESTPORT, CT 06880 MIKE KENNAMER 240 MOSES DRIVE HENAGAR, AL 35978
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND THE RETURN IS THEN REVIEWED BY MEMBERS OF THE BOARD BEFORE SUBMISSION IS DONE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ENFORCEMENT OF CONFLICTS POLICY COMPLIANCE IS MONITORED AND ENFORCED WHEN NECESSARY THROUGH OPEN LINES OF COMMUNICATIONS, ANNUAL REVIEWS AND OTHER POLICIES TO ENSURE RESOLUTION TO CONFLICT SHOULD IT ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL COMPENSATION CHANGES ARE BASED UPON INDUSTRY COMPENSATION STUDIES TO DETERMINE COMPARATIVE MARKET SALARIES, MATCHED WITH ORGANIZATIONAL BUDGETS, REVIEWED BY PERSONNEL AND FINANCE COMMITTEES, AND FINALLY APPROVED BY COUNCIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL COMPENSATION CHANGES ARE BASED UPON INDUSTRY COMPENSATION STUDIES TO DETERMINE COMPARATIVE MARKET SALARIES, MATCHED WITH ORGANIZATIONAL BUDGETS, REVIEWED BY PERSONNEL AND FINANCE COMMITTEES, AND FINALLY APPROVED BY COUNCIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FINANCIAL INFORMATION AND TAX RETURN DISCLOSED UPON REQUEST BY PARTIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DOCUMENTS ARE MADE AVAILABLE IN PDF FORMAT UPON WRITTEN CONSENT
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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.$3.00$0.01$2.99$0.61$0.70$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.79$0.00$2.79$0.64$0.55$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.39$0.01$2.38$0.56$0.53$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.86$0.00$1.85$0.85$0.60$0.25
2020Detailed filing. Detailed filing data is available for this year.$1.69$0.09$1.60$0.47$0.64$0.17
2019Detailed filing. Detailed filing data is available for this year.$1.78$0.00$1.78$0.70$0.82$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.48$0.75$0.27
2017Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$0.97$0.69$0.28
2016Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.50$0.78$0.28
2015Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$0.71$0.79$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.54$0.09$2.46$0.84$0.75$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.02$2.37$0.83$0.69$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.01$2.24$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.03$2.23$0.53