Civic Intelligence

Walton Academy Inc.

990 • Fiscal year 2020 • EIN 59-3656137

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 24, 2020

Organization ProfileWWW.WALTONACADEMYCHARTERSCHOOL
101-a Business Centre DriveMiramar Beach, FL 32550

(877) 585-0356

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.98x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

0.70x

Higher debt load relative to revenue than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

25th percentile

-7.4%

Higher net margin than 25% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

69th percentile

17%

Faster asset growth than 69% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

36th percentile

-7.7%

Faster revenue growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$1,442,684

Up $207,321 (+17%) from 2019

Net Assets

Down

$27,899

Down $149,302 (-84%) from 2019

Liabilities

Up

$1,414,785

Up $356,623 (+34%) from 2019

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin25th percentile

Revenue

Down

$2,021,289

Down $167,555 (-7.7%) from 2019

Expenses

Down

$2,170,591

Down $99,862 (-4.4%) from 2019

Net Income

Down

-$149,302

Down $67,693 (-83%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $456,067Liabilities 2010: $69,114Net Assets 2010: $386,9532010Assets 2011: $311,227Liabilities 2011: $33,858Net Assets 2011: $277,3692011Assets 2012: $412,987Liabilities 2012: $27,061Net Assets 2012: $385,9262012Assets 2013: $512,873Liabilities 2013: $37,644Net Assets 2013: $475,2292013Assets 2014: $532,626Liabilities 2014: $104,968Net Assets 2014: $427,6582014Assets 2015: $523,549Liabilities 2015: $460,020Net Assets 2015: $63,5292015Assets 2016: $526,085Liabilities 2016: $433,592Net Assets 2016: $92,4932016Assets 2017: $974,003Liabilities 2017: $827,422Net Assets 2017: $146,5812017Assets 2018: $1,286,381Liabilities 2018: $1,027,571Net Assets 2018: $258,8102018Assets 2019: $1,235,363Liabilities 2019: $1,058,162Net Assets 2019: $177,2012019Assets 2020: $1,442,684Liabilities 2020: $1,414,785Net Assets 2020: $27,8992020Assets 2021: $1,619,055Liabilities 2021: $1,319,078Net Assets 2021: $299,9772021Assets 2022: $1,667,354Liabilities 2022: $1,162,538Net Assets 2022: $504,8162022Assets 2023: $1,840,258Liabilities 2023: $1,176,807Net Assets 2023: $663,4512023Assets 2024: $1,981,993Liabilities 2024: $1,347,681Net Assets 2024: $634,3122024Assets 2025: $1,805,790Liabilities 2025: $1,277,628Net Assets 2025: $528,1622025

Highlighted filing

2020

Assets$1,442,684
Liabilities$1,414,785
Net Assets$27,899
Open 2020 Filing

Operations Trend

Revenue Growth36th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,355,9552010Expenses 2011: $1,467,7722011Expenses 2012: $1,300,0932012Revenue 2013: $1,626,427Expenses 2013: $1,537,124Net Income 2013: $89,3032013Revenue 2014: $1,327,067Expenses 2014: $1,347,225Net Income 2014: -$20,1582014Revenue 2015: $1,529,388Expenses 2015: $1,406,345Net Income 2015: $123,0432015Revenue 2016: $1,731,103Expenses 2016: $1,702,139Net Income 2016: $28,9642016Revenue 2017: $2,101,147Expenses 2017: $2,047,059Net Income 2017: $54,0882017Revenue 2018: $2,296,822Expenses 2018: $2,184,593Net Income 2018: $112,2292018Revenue 2019: $2,188,844Expenses 2019: $2,270,453Net Income 2019: -$81,6092019Revenue 2020: $2,021,289Expenses 2020: $2,170,591Net Income 2020: -$149,3022020Revenue 2021: $2,564,088Expenses 2021: $2,292,010Net Income 2021: $272,0782021Revenue 2022: $2,578,397Expenses 2022: $2,373,713Net Income 2022: $204,6842022Revenue 2023: $2,869,218Expenses 2023: $2,710,583Net Income 2023: $158,6352023Revenue 2024: $3,076,075Expenses 2024: $3,105,214Net Income 2024: -$29,1392024Revenue 2025: $2,020,990Expenses 2025: $2,127,140Net Income 2025: -$106,1502025

Highlighted filing

2020

Revenue$2,021,289
Expenses$2,170,591
Net Income-$149,302
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 24, 2020
Return Version
2019v5.0
Gross Receipts
$2,021,289
Mission and Program Overview

Mission

To provide educational services

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$483,796$760,324▲ $276,528
Prepaid Expenses and Deferred Charges$482,497$433,312▼ $49,185
Land, Buildings, and Equipment, Net$253,122$242,852▼ $10,270
Accounts Receivable$175$6,196▲ $6,021
Total Assets$1,235,363$1,442,684▲ $207,321
Other Assets Total$15,773--
Liabilities
Other Liabilities$1,035,161$1,110,675▲ $75,514
Unsecured Notes Loans Payable-$287,140-
Accounts Payable and Accrued Expenses$23,001$16,970▼ $6,031
Total Liabilities$1,058,162$1,414,785▲ $356,623
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$143,001-
Net Assets Without Donor Restrictions$177,201$-115,102▼ $292,303
Total Net Assets Fund Balance$177,201$27,899▼ $149,302
Total Liabilities and Net Assets / Fund Balance$1,235,363$1,442,684▲ $207,321

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$65,781$270,664$336,445
Buildings$52,202$187,392$239,594
Other Land Buildings$111,456$18,248$129,704
Equipment-$39,994$39,994
Land$13,413-$13,413
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Jessica SwansonChairperson
Carlene AndersoneBoard Member
Wayne GrahamBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$2,021,150
Program Service Revenue
$0
Investment Income
$139
Other Revenue
$0
All Other Contributions
$11,830
Change in Net Assets
$-149,302

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,565,556
Revenue Not Reported on Financial Statements
$455,733
Other Revenue Adjustments
$455,733
Total Revenue per Audited Statements
$1,565,556
Total Revenue per Form 990
$2,021,289
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,432,881
Other Expenses$737,710
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$726,339$274,233-$1,000,572
Fees for Services Management-$332,649-$332,649
Pension Plan Contributions$213,105--$213,105
Other Employee Benefits$99,565$43,294-$142,859
Occupancy-$86,282-$86,282
Payroll Taxes$56,903$19,442-$76,345
Information Technology$36,927$29,767-$66,694
Fees for Services Other-$36,477-$36,477
Depreciation Depletion$34,510$1,287-$35,797
Fees for Services Accounting$24,110$7,000-$31,110
Insurance$4,348$26,272-$30,620
Office Expenses-$9,059-$9,059
Other Expenses$2,918$2,055-$4,973
All Other Expenses$940$3,130-$4,070
Travel$35$3,242-$3,277
Advertising-$203-$203
Total Functional Expenses$1,242,315$928,276$0$2,170,591

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,170,591
Expenses per Audited Statements$1,704,528
Total Expenses per Audited Statements$1,704,528
Expenses Not Reported on Financial Statements$466,063
Other Expense Adjustments$466,063
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
Pension Liability$1,024,125
Deferred Inflows St Pension$86,550
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 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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The management of school operations is delegated to the rader group, inc. 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 of the form 990 is reviewed by the board of directors prior to filing.”

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 subject to board approval.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Walton Academy Inc
EIN
59-3656137
Phone
8775850356
Address
101-A BUSINESS CENTRE DRIVE, MIRAMAR BEACH, FL 32550

Signing Officer

Name
Jessica Swanson
Title
Chairperson
Phone
8775850356
Signed
2020-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jessica Swanson
Formed
2000
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
39
Volunteers
5

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 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 generally is no longer subject to examination by the internal revenue service three years after a return was due or filed.”

Schedule D, Page 4, Part XI, Line 4B

“Walton learning center - title i 13,429 contract services - dept of jj 442,304”

Schedule D, Page 4, Part XII, Line 4B

“Walton learning center expenses 466,063”

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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/OtherLandBuildingsGrp/BookValueAmt0111456
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018248
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0129704
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01024125
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt186550
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS ST PENSION
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0455733
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0455733
IRS990ScheduleD/RevenueSubtotalAmt01565556
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 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 GENERALLY IS NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE THREE YEARS AFTER A RETURN WAS DUE OR FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1WALTON LEARNING CENTER - TITLE I 13,429 CONTRACT SERVICES - DEPT OF JJ 442,304
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2WALTON LEARNING CENTER EXPENSES 466,063
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0242852
IRS990ScheduleD/TotalExpensesPerForm990Amt02170591
IRS990ScheduleD/TotalLiabilityAmt01110675
IRS990ScheduleD/TotalRevenuePerForm990Amt02021289
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01565556
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01704528
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/ExplanationTxt0POLICIES ARE PUBLISHED IN SCHOOL HANDBOOKS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1FUNDING IS PROVIDED BY THE FLORIDA DEPARTMENT OF EDUCATION AND THE US DEPARTMENT OF EDUCATION THROUGH THE SCHOOL BOARD OF WALTON COUNTY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MANAGEMENT OF SCHOOL OPERATIONS IS DELEGATED TO THE RADER GROUP, INC. THE BOARD CONTINUES TO BE VESTED WITH ULTIMATE MANAGERIAL CONTROL ON ALL MATTERS INVOLVING THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
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 SUBJECT TO BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING 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 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01235363
IRS990/TotalAssetsEOYAmt01442684
IRS990/TotalAssetsGrp/BOYAmt01235363
IRS990/TotalAssetsGrp/EOYAmt01442684
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02021150
IRS990/TotalEmployeeCnt039
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0928276
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01242315
IRS990/TotalFunctionalExpensesGrp/TotalAmt02170591
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01058162
IRS990/TotalLiabilitiesEOYAmt01414785
IRS990/TotalLiabilitiesGrp/BOYAmt01058162
IRS990/TotalLiabilitiesGrp/EOYAmt01414785
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0177201
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt027899
IRS990/TotalProgramServiceExpensesAmt01242315
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0139
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02021289
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01235363
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01442684
IRS990/TravelGrp/ManagementAndGeneralAmt03242
IRS990/TravelGrp/ProgramServicesAmt035
IRS990/TravelGrp/TotalAmt03277
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0287140
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.WALTONACADEMYCHARTERSCHOOL
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JESSICA SWANSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRPERSON
ReturnHeader/BusinessOfficerGrp/PhoneNum08775850356
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WALTON ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0WALT
ReturnHeader/Filer/EIN0593656137
ReturnHeader/Filer/PhoneNum08775850356
ReturnHeader/Filer/USAddress/AddressLine1Txt0101-A BUSINESS CENTRE DRIVE
ReturnHeader/Filer/USAddress/CityNm0MIRAMAR BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032550
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/PreparationDt02021-03-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HEATHER K MCDONOUGH CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-03-31T09:14:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,442,684
Liabilities
$1,414,785
Net assets
$27,899
Revenue
$2,021,289
Expenses
$2,170,591
Net income
-$149,302
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.81$1.28$0.53$2.02$2.13$0.11
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$1.35$0.63$3.08$3.11$0.03
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$1.18$0.66$2.87$2.71$0.16
2022Detailed filing. Detailed filing data is available for this year.$1.67$1.16$0.50$2.58$2.37$0.20
2021Detailed filing. Detailed filing data is available for this year.$1.62$1.32$0.30$2.56$2.29$0.27
2020Detailed filing. Detailed filing data is available for this year.$1.44$1.41$0.03$2.02$2.17$0.15
2019Detailed filing. Detailed filing data is available for this year.$1.24$1.06$0.18$2.19$2.27$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.29$1.03$0.26$2.30$2.18$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.97$0.83$0.15$2.10$2.05$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.53$0.43$0.09$1.73$1.70$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.52$0.46$0.06$1.53$1.41$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.53$0.10$0.43$1.33$1.35$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.04$0.48$1.63$1.54$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.03$0.39$1.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.03$0.28$1.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.07$0.39$1.36