Civic Intelligence

Marion Academy Inc.

990 • Fiscal year 2017 • EIN 63-0958471

Jun 01, 2016 to May 31, 2017 • Filed on Jul 11, 2017

2002 Prier DriveMarion, AL 36756

(334) 683-8204

Siviq Scores

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

Liabilities / Assets

96th percentile

1.66x

Higher debt load relative to assets than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

1.26x

Higher debt load relative to revenue than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

32nd percentile

-6.9%

Faster asset growth than 32% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

58th percentile

6.1%

Faster revenue growth than 58% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$305,655

Down $22,496 (-6.9%) from 2016

Net Assets

Down

-$202,463

Down $44,989 (-29%) from 2016

Liabilities

Up

$508,118

Up $22,493 (+4.6%) from 2016

Revenue

Up

$403,348

Up $23,319 (+6.1%) from 2016

Expenses

Down

$448,337

Down $9,218 (-2.0%) from 2016

Net Income

Up

-$44,989

Up $32,537 (+42%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $333,548Liabilities 2011: $324,849Net Assets 2011: $8,6992011Assets 2012: $332,530Liabilities 2012: $369,748Net Assets 2012: -$37,2182012Assets 2013: $415,689Liabilities 2013: $434,297Net Assets 2013: -$18,6082013Assets 2014: $371,027Liabilities 2014: $411,927Net Assets 2014: -$40,9002014Assets 2015: $333,910Liabilities 2015: $413,858Net Assets 2015: -$79,9482015Assets 2016: $328,151Liabilities 2016: $485,625Net Assets 2016: -$157,4742016Assets 2017: $305,655Liabilities 2017: $508,118Net Assets 2017: -$202,4632017Assets 2018: $247,102Liabilities 2018: $530,544Net Assets 2018: -$283,4422018Assets 2019: $193,313Liabilities 2019: $547,536Net Assets 2019: -$354,2232019Assets 2020: $189,313Liabilities 2020: $530,164Net Assets 2020: -$340,8512020Assets 2021: $60,175Liabilities 2021: $41,289Net Assets 2021: $18,8862021Assets 2022: $37,907Liabilities 2022: $43,201Net Assets 2022: -$5,2942022Assets 2023: $74,598Liabilities 2023: $98,484Net Assets 2023: -$23,8862023Assets 2024: $53,407Liabilities 2024: $100,334Net Assets 2024: -$46,9272024Assets 2025: $54,690Liabilities 2025: $97,514Net Assets 2025: -$42,8242025

Highlighted filing

2017

Assets$305,655
Liabilities$508,118
Net Assets-$202,463

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $454,5582011Revenue 2012: $451,379Expenses 2012: $497,296Net Income 2012: -$45,9172012Expenses 2013: $554,1152013Revenue 2014: $505,523Expenses 2014: $527,815Net Income 2014: -$22,2922014Revenue 2015: $415,404Expenses 2015: $454,452Net Income 2015: -$39,0482015Revenue 2016: $380,029Expenses 2016: $457,555Net Income 2016: -$77,5262016Revenue 2017: $403,348Expenses 2017: $448,337Net Income 2017: -$44,9892017Revenue 2018: $408,200Expenses 2018: $489,179Net Income 2018: -$80,9792018Revenue 2019: $315,474Expenses 2019: $386,255Net Income 2019: -$70,7812019Revenue 2020: $352,604Expenses 2020: $339,232Net Income 2020: $13,3722020Revenue 2021: $608,057Expenses 2021: $248,320Net Income 2021: $359,7372021Revenue 2022: $241,455Expenses 2022: $265,635Net Income 2022: -$24,1802022Revenue 2023: $260,786Expenses 2023: $279,378Net Income 2023: -$18,5922023Revenue 2024: $176,319Expenses 2024: $199,360Net Income 2024: -$23,0412024Revenue 2025: $200,728Expenses 2025: $190,289Net Income 2025: $10,4392025

Highlighted filing

2017

Revenue$403,348
Expenses$448,337
Net Income-$44,989
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Jul 11, 2017
Return Version
2016v3.0
Gross Receipts
$403,348
Mission and Program Overview

Mission

To supply safe, disciplined school with emphasis on christian morals and beliefs.

Elementary & secondary education facility (grades k-12).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$245,436$223,679▼ $21,757
Accounts Receivable$82,715$81,501▼ $1,214
Cash and Non-Interest-Bearing Accounts-$475-
Total Assets$328,151$305,655▼ $22,496
Liabilities
Mortgage Notes Payable Secured by Investment Property$372,482$439,115▲ $66,633
Accounts Payable and Accrued Expenses$68,710$69,003▲ $293
Other Liabilities$44,433$0▼ $44,433
Total Liabilities$485,625$508,118▲ $22,493
Net Assets / Fund Balance
Unrestricted Net Assets$-157,474$-202,463▼ $44,989
Total Net Assets Fund Balance$-157,474$-202,463▼ $44,989
Total Liabilities and Net Assets / Fund Balance$328,151$305,655▼ $22,496

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$123,377$447,805-
Land$62,365--
Equipment$37,937$190,946-
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$68,050
Program Service Revenue
$334,834
Investment Income
$286
Other Revenue
$178
All Other Contributions
$59,686
Change in Net Assets
$-44,989
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$321,972
Other Expenses$126,365
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$242,935$53,327-$296,262
Depreciation Depletion$23,558$4,487-$28,045
Payroll Taxes$21,853$3,857-$25,710
All Other Expenses$13,409$11,395-$24,804
Interest-$12,954-$12,954
Other Expenses$9,748$5,559-$5,559
Fees for Services Accounting$1,407--$1,407
Advertising$538--$538
Total Functional Expenses$352,938$95,399$0$448,337
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
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft copy of the return is furnished to the board for review before it is processed and filed.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Marion Academy Inc
EIN
63-0958471
Phone
3346838204
Address
2002 PRIER DRIVE, MARION, AL 36756

Signing Officer

Name
Kristopher Mcconnell
Title
Chairman
Phone
3346838204
Signed
2017-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristopher Mcconnell
Formed
1988
Legal Domicile
Al
Voting Board Members
11
Independent Board Members
0
Employees
19
Volunteers
1

Preparer

Firm
Branum & Company Pc
Address
503 EAST COMMERCE STREET, GREENVILLE, AL 36037
Preparer
Glenn E Branum
Phone
3343829620
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Supplies: program service expenses 5,223. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,223. Sales projects: program service expenses 0. Management and general expenses 4,609. Fundraising expenses 0. Total expenses 4,609. Junior class: program service expenses 4,045. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,045. Miscellaneous: program service expenses 0. Management and general expenses 4,014. Fundraising expenses 0. Total expenses 4,014. Dues: program service expenses 0. Management and general expenses 2,772. Fundraising expenses 0. Total expenses 2,772. Dining hall: program service expenses 2,108. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,108. Sga expense: program service expenses 1,073. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,073. Special activities: program service expenses 781. Management and general expenses 0. Fundraising expenses 0. Total expenses 781. Senior beta club: program service expenses 179. Management and general expenses 0. Fundraising expenses 0. Total expenses 179.

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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/BuildingsGrp/DepreciationAmt0447805
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0571182
IRS990ScheduleD/EquipmentGrp/BookValueAmt037937
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0190946
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0228883
IRS990ScheduleD/LandGrp/BookValueAmt062365
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt062365
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0223679
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PUBLICIZED IN LOCAL NEWSPAPER AND ON STATIONERY THAT MARION ACADEMY DOES NOT DISCRIMINATE ON THE BASIS OF "RACE, COLOR, NATIONAL, OR ETHNIC ORIGIN."
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF THE RETURN IS FURNISHED TO THE BOARD FOR REVIEW BEFORE IT IS PROCESSED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUPPLIES: PROGRAM SERVICE EXPENSES 5,223. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,223. SALES PROJECTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,609. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,609. JUNIOR CLASS: PROGRAM SERVICE EXPENSES 4,045. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,045. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,014. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,014. DUES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,772. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,772. DINING HALL: PROGRAM SERVICE EXPENSES 2,108. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,108. SGA EXPENSE: PROGRAM SERVICE EXPENSES 1,073. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,073. SPECIAL ACTIVITIES: PROGRAM SERVICE EXPENSES 781. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 781. SENIOR BETA CLUB: PROGRAM SERVICE EXPENSES 179. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 179.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0328151
IRS990/TotalAssetsEOYAmt0305655
IRS990/TotalAssetsGrp/BOYAmt0328151
IRS990/TotalAssetsGrp/EOYAmt0305655
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt068050
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt095399
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0352938
IRS990/TotalFunctionalExpensesGrp/TotalAmt0448337
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0485625
IRS990/TotalLiabilitiesEOYAmt0508118
IRS990/TotalLiabilitiesGrp/BOYAmt0485625
IRS990/TotalLiabilitiesGrp/EOYAmt0508118
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-157474
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-202463
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0352938
IRS990/TotalProgramServiceRevenueAmt0334834
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0335298
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0403348
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0328151
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0305655
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-157474
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-202463
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02002 PRIER DRIVE
IRS990/USAddress/CityNm0MARION
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036756
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTOPHER MCCONNELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03346838204
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARION ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0MARI
ReturnHeader/Filer/EIN0630958471
ReturnHeader/Filer/PhoneNum03346838204
ReturnHeader/Filer/USAddress/AddressLine1Txt02002 PRIER DRIVE
ReturnHeader/Filer/USAddress/CityNm0MARION
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd036756
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F47F3983A2D5FC860BB07DCFF159E3C9FDC4D4D0
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F47F3983A2D5FC860BB07DCFF159E3C9FDC4D4D0
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0169.55.251.7
ReturnHeader/FilingSecurityInformation/IPDt02017-07-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm017:01:38
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0680564680
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRANUM & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0503 EAST COMMERCE STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd036037
ReturnHeader/PreparerPersonGrp/PhoneNum03343829620
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GLENN E BRANUM
ReturnHeader/ReturnTs02017-07-19T12:50:02-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-06-01
ReturnHeader/TaxPeriodEndDt02017-05-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.98$0.43$2.01$1.90$0.10
2024Detailed filing. Detailed filing data is available for this year.$0.53$1.00$0.47$1.76$1.99$0.23
2023Detailed filing. Detailed filing data is available for this year.$0.75$0.98$0.24$2.61$2.79$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.38$0.43$0.05$2.41$2.66$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.60$0.41$0.19$6.08$2.48$3.60
2020Detailed filing. Detailed filing data is available for this year.$1.89$5.30$3.41$3.53$3.39$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.93$5.48$3.54$3.15$3.86$0.71
2018Detailed filing. Detailed filing data is available for this year.$2.47$5.31$2.83$4.08$4.89$0.81
2017Detailed filing. Detailed filing data is available for this year.$3.06$5.08$2.02$4.03$4.48$0.45
2016Detailed filing. Detailed filing data is available for this year.$3.28$4.86$1.57$3.80$4.58$0.78
2015Detailed filing. Detailed filing data is available for this year.$3.34$4.14$0.80$4.15$4.54$0.39
2014Detailed filing. Detailed filing data is available for this year.$3.71$4.12$0.41$5.06$5.28$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.16$4.34$0.19$5.54
2012Summary only. Only limited summary data is available for this year.$3.33$3.70$0.37$4.51$4.97$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.34$3.25$0.09$4.55