Civic Intelligence

The Learning Academy Inc.

990 • Fiscal year 2017 • EIN 59-3474436

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 12, 2018

Organization ProfileN/A

View Organization Page

101-a Business Centre DriveMiramar Beach, FL 32550

(850) 314-6571

Siviq Scores

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

Liabilities / Assets

85th percentile

0.66x

Higher debt load relative to assets than 85% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

83rd percentile

0.81x

Higher debt load relative to revenue than 83% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

31st percentile

-2.8%

Higher net margin than 31% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

94th percentile

81%

Faster asset growth than 94% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

23rd percentile

-7.3%

Faster revenue growth than 23% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$1,740,773

Up $781,069 (+81%) from 2016

Net Assets

Down

$583,348

Down $39,809 (-6.4%) from 2016

Liabilities

Up

$1,157,425

Up $820,878 (+244%) from 2016

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin31st percentile

Revenue

Down

$1,426,705

Down $112,407 (-7.3%) from 2016

Expenses

Down

$1,466,514

Down $80,708 (-5.2%) from 2016

Net Income

Down

-$39,809

Down $31,699 (-391%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $336,739Liabilities 2010: $90,474Net Assets 2010: $246,2652010Assets 2011: $365,741Liabilities 2011: $85,718Net Assets 2011: $280,0232011Assets 2012: $336,315Liabilities 2012: $80,311Net Assets 2012: $256,0042012Assets 2013: $327,698Liabilities 2013: $60,441Net Assets 2013: $267,2572013Assets 2014: $383,764Liabilities 2014: $25,791Net Assets 2014: $357,9732014Assets 2015: $641,154Liabilities 2015: $9,887Net Assets 2015: $631,2672015Assets 2016: $959,704Liabilities 2016: $336,547Net Assets 2016: $623,1572016Assets 2017: $1,740,773Liabilities 2017: $1,157,425Net Assets 2017: $583,3482017Assets 2018: $1,716,881Liabilities 2018: $1,071,219Net Assets 2018: $645,6622018Assets 2019: $1,594,234Liabilities 2019: $996,923Net Assets 2019: $597,3112019Assets 2020: $1,707,352Liabilities 2020: $1,013,273Net Assets 2020: $694,0792020Assets 2021: $1,567,518Liabilities 2021: $783,339Net Assets 2021: $784,1792021Assets 2022: $1,684,384Liabilities 2022: $691,375Net Assets 2022: $993,0092022Assets 2023: $1,946,301Liabilities 2023: $597,200Net Assets 2023: $1,349,1012023Assets 2024: $1,821,698Liabilities 2024: $500,661Net Assets 2024: $1,321,0372024Assets 2025: $1,388,047Liabilities 2025: $388,895Net Assets 2025: $999,1522025

Highlighted filing

2017

Assets$1,740,773
Liabilities$1,157,425
Net Assets$583,348
Open 2017 Filing

Operations Trend

Revenue Growth23rd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $831,3342010Expenses 2011: $816,6542011Expenses 2012: $758,1572012Revenue 2013: $751,478Expenses 2013: $740,225Net Income 2013: $11,2532013Revenue 2014: $917,539Expenses 2014: $826,823Net Income 2014: $90,7162014Revenue 2015: $1,364,468Expenses 2015: $1,091,174Net Income 2015: $273,2942015Revenue 2016: $1,539,112Expenses 2016: $1,547,222Net Income 2016: -$8,1102016Revenue 2017: $1,426,705Expenses 2017: $1,466,514Net Income 2017: -$39,8092017Revenue 2018: $1,470,710Expenses 2018: $1,408,396Net Income 2018: $62,3142018Revenue 2019: $1,302,128Expenses 2019: $1,350,479Net Income 2019: -$48,3512019Revenue 2020: $1,153,793Expenses 2020: $1,057,025Net Income 2020: $96,7682020Revenue 2021: $1,098,183Expenses 2021: $1,008,083Net Income 2021: $90,1002021Revenue 2022: $1,243,968Expenses 2022: $1,035,138Net Income 2022: $208,8302022Revenue 2023: $1,547,124Expenses 2023: $1,191,028Net Income 2023: $356,0962023Revenue 2024: $1,123,642Expenses 2024: $1,151,706Net Income 2024: -$28,0642024Revenue 2025: $782,640Expenses 2025: $1,104,525Net Income 2025: -$321,8852025

Highlighted filing

2017

Revenue$1,426,705
Expenses$1,466,514
Net Income-$39,809
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 12, 2018
Return Version
2016v3.1
Gross Receipts
$1,426,705
Mission and Program Overview

Mission

Operates charter and contract schools providing education services for at- risk students grades 6-12

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$530,545$1,564,167▲ $1,033,622
Cash and Non-Interest-Bearing Accounts$345,619$172,048▼ $173,571
Prepaid Expenses and Deferred Charges$10,519--
Accounts Receivable$73,021$4,558▼ $68,463
Total Assets$959,704$1,740,773▲ $781,069
Liabilities
Unsecured Notes Loans Payable$296,964$1,150,515▲ $853,551
Accounts Payable and Accrued Expenses$39,583$6,910▼ $32,673
Total Liabilities$336,547$1,157,425▲ $820,878
Net Assets / Fund Balance
Unrestricted Net Assets$387,444$580,609▲ $193,165
Temporarily Rstr Net Assets$235,713$2,739▼ $232,974
Total Net Assets Fund Balance$623,157$583,348▼ $39,809
Total Liabilities and Net Assets / Fund Balance$959,704$1,740,773▲ $781,069

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,224,366$38,868$1,263,234
Leasehold Improvements$93,938$215,274$309,212
Land$185,000-$185,000
Equipment$60,863$50,945$111,808
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Robin KingBoard Chair
David JohnsonBoard Member
Don Lewis Lynn JrBoard Member
Vicky MillerBoard Member
Joan HendersonSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
The Rader GroupManagement Co101-A BUSINESS CENTRE DRIVE, Miramar Beach, FL 32550$223,300
Revenue and Support

Revenue Composition

Contributions and Grants
$1,421,279
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$5,426
All Other Contributions
$200
Change in Net Assets
$-39,809

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,426,705
Total Revenue per Audited Statements
$1,426,705
Total Revenue per Form 990
$1,426,705
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$831,004
Other Expenses$635,510
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$494,880$182,065-$676,945
Fees for Services Management$105,300$105,300-$210,600
Other Employee Benefits$66,013$26,002-$92,015
Interest-$67,936-$67,936
Payroll Taxes$44,827$15,167-$59,994
Depreciation Depletion$2,532$51,926-$54,458
Information Technology$29,529$23,882-$53,411
Occupancy-$47,040-$47,040
Insurance$21,274$21,048-$42,322
Other Expenses$17,979$2,200-$20,179
Fees for Services Accounting$250$14,980-$15,230
All Other Expenses$2,167$4,451-$6,618
Office Expenses$249$6,327-$6,576
Fees for Services Other$5,902--$5,902
Travel-$3,010-$3,010
Pension Plan Contributions$2,050--$2,050
Total Functional Expenses$844,087$622,427$0$1,466,514

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,466,514
Total Expenses per Audited Statements$1,466,514
Total Expenses per Form 990$1,466,514
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The board of directors has delegated certain administrative functions of management to the rader group. The board continues to be vested with ultimate managerial control on all matters involving the school.”

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

“A draft copy of the return is reviewed by the board prior to filing with the irs.”

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

“All purchases require authorization from both the director and the cfo, which includes a review of any potential conflicts of interest.”

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

“Compensation is approved by the board.”

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

“Compensation is approved by the board.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Learning Academy Inc
EIN
59-3474436
Phone
8503146571
Address
101-A BUSINESS CENTRE DRIVE, MIRAMAR BEACH, FL 32550

Signing Officer

Name
Joan Henderson
Title
Secretary
Phone
8503146571
Signed
2018-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robin King
Formed
2000
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
4
Employees
42
Volunteers
10

Preparer

Firm
Mcdonough CPA Solutions Pa
Address
445 W MERRITT AVE, MERRITT ISLAND, FL 32953-4760
Preparer
Heather K Mcdonough CPA
Phone
3214536256
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The school is exempt from income taxes under section 501(c)(3) of the internal revenue code and applicable state law. The school recognizes the financial statement effects from a tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the school and various positions related to the potential sources of unrelated business taxable income. The assessment of the technical merits of a tax position is a matter of judgement. The school believes that all of its tax positions are more likely than not to be sustained upon examination. The school files form 990 in the us federal jurisdiction. The school is generally no longer subject to examination by the internal revenue service three years after a return was due or filed.”

Raw XML Appendix392 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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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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/BuildingsGrp/BookValueAmt01224366
IRS990ScheduleD/BuildingsGrp/DepreciationAmt038868
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01263234
IRS990ScheduleD/EquipmentGrp/BookValueAmt060863
IRS990ScheduleD/EquipmentGrp/DepreciationAmt050945
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0111808
IRS990ScheduleD/ExpensesSubtotalAmt01466514
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0185000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0185000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt093938
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0215274
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0309212
IRS990ScheduleD/RevenueSubtotalAmt01426705
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE SCHOOL RECOGNIZES THE FINANCIAL STATEMENT EFFECTS FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE SCHOOL AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE ASSESSMENT OF THE TECHNICAL MERITS OF A TAX POSITION IS A MATTER OF JUDGEMENT. THE SCHOOL BELIEVES THAT ALL OF ITS TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE SCHOOL FILES FORM 990 IN THE US FEDERAL JURISDICTION. THE SCHOOL IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE THREE YEARS AFTER A RETURN WAS DUE OR FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01564167
IRS990ScheduleD/TotalExpensesPerForm990Amt01466514
IRS990ScheduleD/TotalRevenuePerForm990Amt01426705
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01426705
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01466514
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE POLICIES ARE PUBLISHED IN SCHOOL HANDBOOKS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1FUNDING IS CURRENTLY PROVIDED BY CONTRACTS WITH THE COUNTY SCHOOL DISTRICTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2FUNDING IS CURRENTLY PROVIDED BY CONTRACTS WITH THE COUNTY SCHOOL DISTRICTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS HAS DELEGATED CERTAIN ADMINISTRATIVE FUNCTIONS OF MANAGEMENT TO THE RADER GROUP. THE BOARD CONTINUES TO BE VESTED WITH ULTIMATE MANAGERIAL CONTROL ON ALL MATTERS INVOLVING THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT COPY OF THE RETURN IS REVIEWED BY THE BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL PURCHASES REQUIRE AUTHORIZATION FROM BOTH THE DIRECTOR AND THE CFO, WHICH INCLUDES A REVIEW OF ANY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0235713
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02739
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0959704
IRS990/TotalAssetsEOYAmt01740773
IRS990/TotalAssetsGrp/BOYAmt0959704
IRS990/TotalAssetsGrp/EOYAmt01740773
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01421279
IRS990/TotalEmployeeCnt042
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0622427
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0844087
IRS990/TotalFunctionalExpensesGrp/TotalAmt01466514
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0336547
IRS990/TotalLiabilitiesEOYAmt01157425
IRS990/TotalLiabilitiesGrp/BOYAmt0336547
IRS990/TotalLiabilitiesGrp/EOYAmt01157425
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0623157
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0583348
IRS990/TotalProgramServiceExpensesAmt0844087
IRS990/TotalRevenueGrp/ExclusionAmt05000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0426
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01426705
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0959704
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01740773
IRS990/TravelGrp/ManagementAndGeneralAmt03010
IRS990/TravelGrp/TotalAmt03010
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0387444
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0580609
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0296964
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01150515
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOAN HENDERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum08503146571
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEARNING ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0LEAR
ReturnHeader/Filer/EIN0593474436
ReturnHeader/Filer/PhoneNum08503146571
ReturnHeader/Filer/USAddress/AddressLine1Txt0101-A BUSINESS CENTRE DRIVE
ReturnHeader/Filer/USAddress/CityNm0MIRAMAR BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032550
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D5642DF4423300A4A94EB47D443012BF6EC3F5D5
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId073FEBA7905AB37EF9EE18DDCE3A87F8B099E9EBF
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471601171
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCDONOUGH CPA SOLUTIONS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0445 W MERRITT AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MERRITT ISLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0329534760
ReturnHeader/PreparerPersonGrp/PhoneNum03214536256
ReturnHeader/PreparerPersonGrp/PreparationDt02018-02-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HEATHER K MCDONOUGH CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-03-07T11:35:02-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,740,773
Liabilities
$1,157,425
Net assets
$583,348
Revenue
$1,426,705
Expenses
$1,466,514
Net income
-$39,809
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.39$0.39$1.00$0.78$1.10$0.32
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.50$1.32$1.12$1.15$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.60$1.35$1.55$1.19$0.36
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$0.69$0.99$1.24$1.04$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.78$0.78$1.10$1.01$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.71$1.01$0.69$1.15$1.06$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$1.00$0.60$1.30$1.35$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$1.07$0.65$1.47$1.41$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.74$1.16$0.58$1.43$1.47$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.96$0.34$0.62$1.54$1.55$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.01$0.63$1.36$1.09$0.27
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.03$0.36$0.92$0.83$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.06$0.27$0.75$0.74$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.08$0.26$0.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.09$0.28$0.82
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.09$0.25$0.83