Civic Intelligence

Learning Gate Community School

990 • Fiscal year 2016 • EIN 59-3623928

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 24, 2016

16215 Hanna RdLutz, FL 33549

(813) 948-4190

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.00x

Higher debt load relative to assets than 92% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

84th percentile

1.32x

Higher debt load relative to revenue than 84% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

65th percentile

7.3%

Higher net margin than 65% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

85th percentile

22%

Faster asset growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

58th percentile

5.3%

Faster revenue growth than 58% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$8,068,511

Up $1,475,651 (+22%) from 2015

Net Assets

Up

-$23,180

Up $448,135 (+95%) from 2015

Liabilities

Up

$8,091,691

Up $1,027,516 (+15%) from 2015

Revenue

Up

$6,131,218

Up $308,468 (+5.3%) from 2015

Expenses

Down

$5,683,083

Down $394,545 (-6.5%) from 2015

Net Income

Up

$448,135

Up $703,013 (+276%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2011: $7,872,852Liabilities 2011: $7,229,074Net Assets 2011: $643,7782011Assets 2012: $7,779,178Liabilities 2012: $7,321,843Net Assets 2012: $457,3352012Assets 2013: $7,667,598Liabilities 2013: $7,438,397Net Assets 2013: $229,2012013Assets 2014: $7,054,194Liabilities 2014: $7,270,631Net Assets 2014: -$216,4372014Assets 2015: $6,592,860Liabilities 2015: $7,064,175Net Assets 2015: -$471,3152015Assets 2016: $8,068,511Liabilities 2016: $8,091,691Net Assets 2016: -$23,1802016Assets 2017: $8,004,898Liabilities 2017: $7,785,478Net Assets 2017: $219,4202017Assets 2018: $16,562,519Liabilities 2018: $16,209,897Net Assets 2018: $352,6222018Assets 2019: $10,258,489Liabilities 2019: $9,801,545Net Assets 2019: $456,9442019Assets 2020: $10,951,217Liabilities 2020: $10,510,230Net Assets 2020: $440,9872020Assets 2021: $10,660,323Liabilities 2021: $9,527,534Net Assets 2021: $1,132,7892021Assets 2022: $10,359,235Liabilities 2022: $9,491,295Net Assets 2022: $867,9402022Assets 2023: $10,306,995Liabilities 2023: $9,246,175Net Assets 2023: $1,060,8202023Assets 2024: $10,286,145Liabilities 2024: $9,094,130Net Assets 2024: $1,192,0152024

Highlighted filing

2016

Assets$8,068,511
Liabilities$8,091,691
Net Assets-$23,180

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $4,414,3022011Expenses 2012: $5,309,7812012Expenses 2013: $5,379,5162013Revenue 2014: $5,727,570Expenses 2014: $5,768,809Net Income 2014: -$41,2392014Revenue 2015: $5,822,750Expenses 2015: $6,077,628Net Income 2015: -$254,8782015Revenue 2016: $6,131,218Expenses 2016: $5,683,083Net Income 2016: $448,1352016Revenue 2017: $6,131,549Expenses 2017: $5,888,949Net Income 2017: $242,6002017Revenue 2018: $6,347,022Expenses 2018: $6,213,820Net Income 2018: $133,2022018Revenue 2019: $6,668,465Expenses 2019: $6,564,143Net Income 2019: $104,3222019Revenue 2020: $6,647,461Expenses 2020: $6,663,418Net Income 2020: -$15,9572020Revenue 2021: $7,477,406Expenses 2021: $6,785,604Net Income 2021: $691,8022021Revenue 2022: $7,329,770Expenses 2022: $7,594,619Net Income 2022: -$264,8492022Revenue 2023: $8,197,261Expenses 2023: $8,004,381Net Income 2023: $192,8802023Revenue 2024: $8,261,932Expenses 2024: $8,130,737Net Income 2024: $131,1952024

Highlighted filing

2016

Revenue$6,131,218
Expenses$5,683,083
Net Income$448,135
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 24, 2016
Return Version
2015v2.1
Gross Receipts
$6,131,218
Mission and Program Overview

Mission

To prepare students to successfully

To prepare students to successfully participate in their family, school, community, and workplace through an educational program that promotes academic excellence, improves social skills, and stimulates students to be lifelong learners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,967,474$6,187,357▲ $1,219,883
Rtn Earn Endowment Incm Other Fnds$1,330,455$1,621,038▲ $290,583
Investments in Publicly Traded Securities$1,461,046$1,480,489▲ $19,443
Cash and Non-Interest-Bearing Accounts$137,684$365,004▲ $227,320
Accounts Receivable$21,181$30,186▲ $9,005
Prepaid Expenses and Deferred Charges$5,475$5,475→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$-1,801,770$-1,644,218▲ $157,552
Total Assets$6,592,860$8,068,511▲ $1,475,651
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,770,868$7,831,575▲ $1,060,707
Accounts Payable and Accrued Expenses$293,307$260,116▼ $33,191
Total Liabilities$7,064,175$8,091,691▲ $1,027,516
Net Assets / Fund Balance
Total Net Assets Fund Balance$-471,315$-23,180▲ $448,135
Total Liabilities and Net Assets / Fund Balance$6,592,860$8,068,511▲ $1,475,651

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,249,716$2,108,880-
Other Land Buildings$15,446$145,062-
Land$897,000--
Equipment$25,195$386,954-
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
AdpEmployee Leasing10200 SW 72ND ST, Miami, FL 33173$3,711,875
Revenue and Support

Revenue Composition

Contributions and Grants
$77,138
Program Service Revenue
$5,617,894
Investment Income
$0
Other Revenue
$436,186
Change in Net Assets
$448,135
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,683,083
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$742,425$0$0$742,425
Other Expenses$362,705$362,705$0$725,410
Interest$458,269$0$0$458,269
Depreciation Depletion$344,724$0$0$344,724
Total Functional Expenses$5,280,291$402,792$0$5,683,083
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
ALearning Gate Community School2007-08-30$7,475,000purchase land and building
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
No
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
Filing and Contact Details

Filer

Filer Name
Learning Gate Community School Inc
EIN
59-3623928
Phone
8139484190
Address
16215 HANNA RD, LUTZ, FL 33549

Signing Officer

Name
Debbi Stone
Title
President
Phone
8139484190
Signed
2016-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debbi Stone
Formed
1998
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
20

Preparer

Firm
Robert Walker CPA PA
Address
2803 W Busch Blvd Ste 106, Tampa, FL 33618
Preparer
Robert Walker CPA
Phone
8136248643
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The 990 is prepared by an independent cpa firm and a draft is provided to the finance committee for review. The final 990 is provided to the Board for approval.

Pt VI, Line 12C

At each Board meeting, the agenda is notated to remind Board Members to recuse from voting on any item that may be a conflict of interest.

Pt VI, Line 15B

The principal is paid in accordance with the School District's pay scale.

Form 990, Part IX, Line 24E

Facilities acq & construction 1568. 1568. 0. 0.

Form 990, Part IX, Line 24E

Fiscal services 69300. 69300. 0. 0.

Form 990, Part IX, Line 24E

Food services 197526. 197526. 0. 0.

Form 990, Part IX, Line 24E

Operation of plant 371663. 371663. 0. 0.

Form 990, Part IX, Line 24E

Community services 97526. 97526. 0. 0.

Form 990, Part IX, Line 24E

Instructional related technology 4842. 4842. 0. 0.

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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/EquipmentGrp/DepreciationAmt0386954
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0412149
IRS990ScheduleD/LandGrp/BookValueAmt0897000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0897000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015446
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0145062
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0160508
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06187357
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 NON-DISCRIMINATORY POLICY HAS BEEN PUBLICIZES THROUGH NEWSPAPERS, NEWS MEDIA, AND ON THE SCHOOL'S WEBSITE. NA
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1RECEIVES GRANTS THROUGH THE FLORIDA DEPT OF EDUCATION
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02007-08-30
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0593623928
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0593623928
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt07475000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0LEARNING GATE COMMUNITY SCHOOL
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0purchase land and building
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is prepared by an independent cpa firm and a draft is provided to the finance committee for review. The final 990 is provided to the Board for approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1At each Board meeting, the agenda is notated to remind Board Members to recuse from voting on any item that may be a conflict of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The principal is paid in accordance with the School District's pay scale.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FACILITIES ACQ & CONSTRUCTION 1568. 1568. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FISCAL SERVICES 69300. 69300. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FOOD SERVICES 197526. 197526. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OPERATION OF PLANT 371663. 371663. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMMUNITY SERVICES 97526. 97526. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8INSTRUCTIONAL RELATED TECHNOLOGY 4842. 4842. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0true
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06592860
IRS990/TotalAssetsEOYAmt08068511
IRS990/TotalAssetsGrp/BOYAmt06592860
IRS990/TotalAssetsGrp/EOYAmt08068511
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt077138
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0402792
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05280291
IRS990/TotalFunctionalExpensesGrp/TotalAmt05683083
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07064175
IRS990/TotalLiabilitiesEOYAmt08091691
IRS990/TotalLiabilitiesGrp/BOYAmt07064175
IRS990/TotalLiabilitiesGrp/EOYAmt08091691
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-471315
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-23180
IRS990/TotalProgramServiceExpensesAmt05280291
IRS990/TotalProgramServiceRevenueAmt05617894
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06054080
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06131218
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06592860
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08068511
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt016215 HANNA RD
IRS990/USAddress/CityNm0LUTZ
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033549
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0https://www.learninggate.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEBBI STONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08139484190
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEARNING GATE COMMUNITY SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0LEAR
ReturnHeader/Filer/EIN0593623928
ReturnHeader/Filer/PhoneNum08139484190
ReturnHeader/Filer/USAddress/AddressLine1Txt016215 HANNA RD
ReturnHeader/Filer/USAddress/CityNm0LUTZ
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033549
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Robert Walker CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02803 W Busch Blvd Ste 106
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Tampa
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033618
ReturnHeader/PreparerPersonGrp/PhoneNum08136248643
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT WALKER CPA
ReturnHeader/ReturnTs02016-12-09T07:33:25-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$9.09$1.19$8.26$8.13$0.13
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$9.25$1.06$8.20$8.00$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$9.49$0.87$7.33$7.59$0.26
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$9.53$1.13$7.48$6.79$0.69
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.0$10.5$0.44$6.65$6.66$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$9.80$0.46$6.67$6.56$0.10
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$16.2$0.35$6.35$6.21$0.13
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.00$7.79$0.22$6.13$5.89$0.24
2016Detailed filing. Detailed filing data is available for this year.$8.07$8.09$0.02$6.13$5.68$0.45
2015Detailed filing. Detailed filing data is available for this year.$6.59$7.06$0.47$5.82$6.08$0.25
2014Detailed filing. Detailed filing data is available for this year.$7.05$7.27$0.22$5.73$5.77$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.67$7.44$0.23$5.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.78$7.32$0.46$5.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.87$7.23$0.64$4.41