Civic Intelligence

The Discovery School of Jacksonville Inc.

990 • Fiscal year 2019 • EIN 59-3020308

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 21, 2020

102 15th Street SouthJacksonville Beach, FL 32250

(904) 247-4577

Siviq Scores

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

Liabilities / Assets

76th percentile

0.48x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

76th percentile

0.64x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

63rd percentile

$151,924

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

82nd percentile

19%

Faster asset growth than 82% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

90th percentile

58%

Faster revenue growth than 90% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$6,912,295

Up $1,114,562 (+19%) from 2018

Net Assets

Up

$3,573,970

Up $1,545,580 (+76%) from 2018

Liabilities

Down

$3,338,325

Down $431,018 (-11%) from 2018

Revenue

Up

$5,247,864

Up $1,918,443 (+58%) from 2018

Expenses

Up

$3,665,930

Up $871,084 (+31%) from 2018

Net Income

Up

$1,581,934

Up $1,047,359 (+196%) from 2018

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $2,933,257Liabilities 2011: $1,268,378Net Assets 2011: $1,664,8792011Assets 2012: $2,823,390Liabilities 2012: $1,079,791Net Assets 2012: $1,743,5992012Assets 2013: $2,750,308Liabilities 2013: $946,568Net Assets 2013: $1,803,7402013Assets 2015: $3,595,247Liabilities 2015: $1,812,776Net Assets 2015: $1,782,4712015Assets 2017: $3,723,897Liabilities 2017: $2,230,082Net Assets 2017: $1,493,8152017Assets 2018: $5,797,733Liabilities 2018: $3,769,343Net Assets 2018: $2,028,3902018Assets 2019: $6,912,295Liabilities 2019: $3,338,325Net Assets 2019: $3,573,9702019Assets 2020: $7,281,173Liabilities 2020: $3,770,941Net Assets 2020: $3,510,2322020Assets 2021: $8,262,669Liabilities 2021: $3,997,142Net Assets 2021: $4,265,5272021Assets 2022: $8,579,797Liabilities 2022: $3,386,807Net Assets 2022: $5,192,9902022

Highlighted filing

2019

Assets$6,912,295
Liabilities$3,338,325
Net Assets$3,573,970

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,222,7442011Expenses 2012: $1,231,8402012Expenses 2013: $1,333,8412013Revenue 2015: $2,004,508Expenses 2015: $1,895,835Net Income 2015: $108,6732015Revenue 2017: $2,669,294Expenses 2017: $2,692,810Net Income 2017: -$23,5162017Revenue 2018: $3,329,421Expenses 2018: $2,794,846Net Income 2018: $534,5752018Revenue 2019: $5,247,864Expenses 2019: $3,665,930Net Income 2019: $1,581,9342019Revenue 2020: $3,717,848Expenses 2020: $3,781,586Net Income 2020: -$63,7382020Revenue 2021: $4,535,111Expenses 2021: $3,779,816Net Income 2021: $755,2952021Revenue 2022: $5,285,761Expenses 2022: $4,358,289Net Income 2022: $927,4722022

Highlighted filing

2019

Revenue$5,247,864
Expenses$3,665,930
Net Income$1,581,934
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 21, 2020
Return Version
2018v3.2
Gross Receipts
$5,247,864
Mission and Program Overview

Mission

The discovery school's mission is to open our minds and hearts so we can discover the knowledge and ideals to build a better world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,152,300$5,836,696▲ $2,684,396
Pledges and Grants Receivable-$669,342-
Cash and Non-Interest-Bearing Accounts$111,677$327,852▲ $216,175
Savings and Temporary Cash Investments$153,788--
Accounts Receivable$1,818,586$70,775▼ $1,747,811
Prepaid Expenses and Deferred Charges$61,062$6,525▼ $54,537
Intangible Assets$4,619--
Investments in Publicly Traded Securities$495,701$1,105▼ $494,596
Total Assets$5,797,733$6,912,295▲ $1,114,562
Liabilities
Other Liabilities$2,486,382--
Unsecured Notes Loans Payable$1,089,464$2,089,569▲ $1,000,105
Deferred Revenue-$875,021-
Accounts Payable and Accrued Expenses$193,497$373,735▲ $180,238
Total Liabilities$3,769,343$3,338,325▼ $431,018
Net Assets / Fund Balance
Temporarily Rstr Net Assets$550,349$2,351,208▲ $1,800,859
Unrestricted Net Assets$1,478,041$1,222,762▼ $255,279
Total Net Assets Fund Balance$2,028,390$3,573,970▲ $1,545,580
Total Liabilities and Net Assets / Fund Balance$5,797,733$6,912,295▲ $1,114,562

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,836,696$1,279,559-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kim BednarekHead of SchoFT$143,524$8,400$151,924
Kim BednarekHead of School-$143,524$8,400$151,924

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,606,413
Program Service Revenue
$3,641,451
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,606,413
Change in Net Assets
$1,581,934
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,951,233
Other Expenses$1,680,238
Total Fundraising Expense$72,305
Professional Fundraising Fees$34,459
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,235,503$480,798-$1,716,301
Occupancy-$348,916-$348,916
Fees for Services Legal$48,192$113,240-$161,432
Depreciation Depletion-$144,264-$144,264
Payroll Taxes$90,438$36,471-$126,909
Other Employee Benefits$70,390$37,633-$108,023
Other Expenses$108,209$98,834-$98,834
Insurance-$81,000-$81,000
Conferences and Meetings-$53,954-$53,954
All Other Expenses$52,552--$52,552
Office Expenses-$48,999-$48,999
Fees for Services Management--$37,846$37,846
Fees for Services Professional Fundraising--$34,459$34,459
Information Technology-$31,899-$31,899
Travel-$14,176-$14,176
Advertising-$12,014-$12,014
Total Functional Expenses$1,866,358$1,727,267$72,305$3,665,930
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$34,459
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
No
Annual disclosure for covered persons
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
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 11B

The return is reviewed by the appropriate board and staff member before filing

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

When an employee is hired, the policy is discussed and the employee signs documentation regarding any conflict of interest. This form is placed in the employee's file tis is informally reviewed periodically

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

Compensation of key employees is reviewed and approved by the board

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

Compensation of key employees is reviewed and approved by the board

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
The Discovery School of
EIN
59-3020308
Phone
9042474577
Address
102 15TH STREET SOUTH, JACKSONVILLE BEACH, FL 32250

Signing Officer

Name
Kim Bednarek
Title
Head of School
Phone
9042474577
Signed
2020-01-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim Bednarek
Formed
1990
Legal Domicile
Fl
Voting Board Members
11
Independent Board Members
11
Employees
57
Volunteers
100

Preparer

Firm
The Forde Firm LLC
Address
5150 BELFORT RD BLDG 300, JACKSONVILLE, FL 32256
Preparer
Michelle Del Pino
Phone
9047255832
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

Kim bednarek 102 15th street south jacksonville beach, fl 32250

Form 990, Part XI, Line 9

Book / tax depreciation difference -1,135,295 depreciation not on books 1,098,941 total -36,354

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IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
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IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt08400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KIM BEDNAREK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0HEAD OF SCHOOL
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KIM BEDNAREK 102 15TH STREET SOUTH JACKSONVILLE BEACH, FL 32250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS REVIEWED BY THE APPROPRIATE BOARD AND STAFF MEMBER BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WHEN AN EMPLOYEE IS HIRED, THE POLICY IS DISCUSSED AND THE EMPLOYEE SIGNS DOCUMENTATION REGARDING ANY CONFLICT OF INTEREST. THIS FORM IS PLACED IN THE EMPLOYEE'S FILE TIS IS INFORMALLY REVIEWED PERIODICALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOK / TAX DEPRECIATION DIFFERENCE -1,135,295 DEPRECIATION NOT ON BOOKS 1,098,941 TOTAL -36,354
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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IRS990/USAddress/CityNm0JACKSONVILLE BEACH
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