Civic Intelligence

Achievements Group Inc

990 • Fiscal year 2014 • EIN 65-1059489

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 08, 2015

2600 Bobcat Village Center RdNorth Port, FL 34288

(941) 423-8844

Siviq Scores

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

Liabilities / Assets

84th percentile

0.65x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

27th percentile

0.03x

Higher debt load relative to revenue than 27% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

38th percentile

-0.5%

Higher net margin than 38% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

6th percentile

-21%

Faster asset growth than 6% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

24th percentile

-7.4%

Faster revenue growth than 24% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$72,527

Down $19,597 (-21%) from 2013

Net Assets

Down

$25,270

Down $8,378 (-25%) from 2013

Liabilities

Down

$47,257

Down $11,219 (-19%) from 2013

Revenue

Down

$1,711,084

Down $137,440 (-7.4%) from 2013

Expenses

Down

$1,719,462

Down $184,569 (-9.7%) from 2013

Net Income

Up

-$8,378

Up $47,129 (+85%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $107,917Liabilities 2011: $6,226Net Assets 2011: $101,6912011Assets 2012: $105,136Liabilities 2012: $15,981Net Assets 2012: $89,1552012Assets 2013: $92,124Liabilities 2013: $58,476Net Assets 2013: $33,6482013Assets 2014: $72,527Liabilities 2014: $47,257Net Assets 2014: $25,2702014Assets 2015: $118,886Liabilities 2015: $29,438Net Assets 2015: $89,4482015Assets 2016: $34,673Liabilities 2016: $0Net Assets 2016: $34,6732016Assets 2017: $38,966Liabilities 2017: $496Net Assets 2017: $38,4702017Assets 2019: $574,190Liabilities 2019: $0Net Assets 2019: $574,1902019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2014

Assets$72,527
Liabilities$47,257
Net Assets$25,270

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,066,5752011Expenses 2012: $1,968,9002012Revenue 2013: $1,848,524Expenses 2013: $1,904,031Net Income 2013: -$55,5072013Revenue 2014: $1,711,084Expenses 2014: $1,719,462Net Income 2014: -$8,3782014Revenue 2015: $1,701,528Expenses 2015: $1,656,419Net Income 2015: $45,1092015Revenue 2016: $1,733,111Expenses 2016: $1,688,928Net Income 2016: $44,1832016Revenue 2017: $1,743,809Expenses 2017: $1,739,274Net Income 2017: $4,5352017Revenue 2019: $2,146,799Expenses 2019: $1,544,472Net Income 2019: $602,3272019Revenue 2020: $0Expenses 2020: $263,536Net Income 2020: -$263,5362020

Highlighted filing

2014

Revenue$1,711,084
Expenses$1,719,462
Net Income-$8,378
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 8, 2015
Return Version
2014v5.0
Gross Receipts
$1,711,084
Mission and Program Overview

Mission

Providing child care with a learning

Providing child care with a learning cuuriculum to over 300 students in sarasota and charlotte counties.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$144,204$40,789▼ $103,415
Cash and Non-Interest-Bearing Accounts$-65,278$20,757▲ $86,035
Land, Buildings, and Equipment, Net$13,198$7,912▼ $5,286
Prepaid Expenses and Deferred Charges-$3,069-
Total Assets$92,124$72,527▼ $19,597
Liabilities
Other Liabilities$21,417$24,224▲ $2,807
Accounts Payable and Accrued Expenses$37,059$23,033▼ $14,026
Total Liabilities$58,476$47,257▼ $11,219
Net Assets / Fund Balance
Unrestricted Net Assets$33,648$25,270▼ $8,378
Total Net Assets Fund Balance$33,648$25,270▼ $8,378
Total Liabilities and Net Assets / Fund Balance$92,124$72,527▼ $19,597

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,912$65,065-
Compensation and Service Providers

Board Members and Trustees

NameTitle
David FeoPresidentdirector
Louis HoultVice Presidentdirector
Angela ProvanzanoDirector
Jeffrey TaubeDirector
Tiffany ProfitaKey Employee
Tinarae GregoireKey Employee
Revenue and Support

Revenue Composition

Contributions and Grants
$125,677
Program Service Revenue
$1,585,407
Investment Income
$0
Other Revenue
$0
All Other Contributions
$122,927
Change in Net Assets
$-8,378
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$990,476
Other Expenses$728,986
Total Fundraising Expense$3,247
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$615,833$32,829-$648,662
Occupancy$533,600--$533,600
Current Officers, Directors, Trustees, and Key Employees$124,150$124,150-$248,300
All Other Expenses$137,327--$137,327
Payroll Taxes$57,426$11,975-$69,401
Other Employee Benefits$20,014$4,099-$24,113
Fees for Services Other$7,964--$7,964
Office Expenses$3,800$652$3,247$7,699
Depreciation Depletion$2,331$3,055-$5,386
Insurance$5,166--$5,166
Advertising$4,651--$4,651
Travel$2,644--$2,644
Information Technology$1,534$566-$2,100
Fees for Services Accounting-$650-$650
Other Expenses$510--$510
Total Functional Expenses$1,538,239$177,976$3,247$1,719,462
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tiffany ProfitaKey EmployeeShareholder in company renting buildingNo$52,000
TinaRae GregoireKey EmployeeShareholder in company renting buildingNo$52,000
David FeoBoard of Director Father of Key EmPartial owner of facilities rentedNo$12,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Payables$12,294
Payroll Liabilities$7,837
Child Support$7,322
Short Term Disabioity$5,696
Dental$2,800
Vision$538
Fees$100
Payroll Fee$-715
Health Insurance$-11,648
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
Yes
Business relationship with organization members
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Tinarae gregoire and tffany profita who are key employees are sisters.

Members or stockholder classes and rights Part VI line 6

Members are provided corporate documents for review.

Member election for additional members Part VI line 7A

Members are elected in accordance with the By-Laws.

Governing body decisions Part VI line 7B

The Board of Directors reviews and approves the decisions made by the governing body above routine business decisions.

Committee meeting documentation Part VI line 8B

ALL MEETINGS ARE FULLY DOCUMENTED BY BOARD OF DIRECTOR MINUTES. MINUTES INCLUDE ALL MOTIONS AND RECORDS ALL VOTES BY THE BOARD OF DIRECTORS Committee meetings are documented by minutes that are provided to the Board of Directors

Form 990 governing body review Part VI line 11

The Board of Directors is provided with a copy of the 990 Tax Return during their annual board meeting as an agenda item.

Conflict of interest policy compliance Part VI line 12C

The board reviews and enforces the conflict of interest policies by officers and key employees.

CEO executive director top management comp Part VI line 15A

Top management compensation is reviewd by the board and compared to other similar organizations.

Other officer or key employee compensation Part VI line 15B

Key employees compensation is reviewd by the Board of Directors and compare to similar organizations and recommendations of the governing body

Governing documents etc available to public Part VI line 19

All documents are available including Tax Form 990 upon request or viewed at the organization's main office.

Filing and Contact Details

Filer

Filer Name
Achievements Group Inc
EIN
65-1059489
Address
2600 BOBCAT VILLAGE CENTER RD, NORTH PORT, FL 34288
Doing Business As
Achievements Learning Center

Signing Officer

Name
David Feo
Title
President
Phone
9414238844
Signed
2015-06-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Feo
Formed
2000
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
76
Volunteers
15

Preparer

Firm
Mark J Klingel CPA LLC
Address
2567 N TOLEDO BLADE BLVD 1, North Port, FL 34289
Preparer
Mark J Klingel
Phone
9414262267
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02084826
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01874393
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IRS990ScheduleC/VolunteersInd0false
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt065065
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Health Insurance
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL PAYABLES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DENTAL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4VISION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5SHORT TERM DISABIOITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6CHILD SUPPORT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7FEES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc8Payroll Fee
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IRS990ScheduleD/TotalLiabilityAmt024224
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0David Feo
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1TinaRae Gregoire
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2Tiffany Profita
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Board of Director Father of Key Em
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2Shareholder in company renting building
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TINARAE GREGOIRE AND TFFANY PROFITA WHO ARE KEY EMPLOYEES ARE SISTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members are provided corporate documents for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members are elected in accordance with the By-Laws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of Directors reviews and approves the decisions made by the governing body above routine business decisions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL MEETINGS ARE FULLY DOCUMENTED BY BOARD OF DIRECTOR MINUTES. MINUTES INCLUDE ALL MOTIONS AND RECORDS ALL VOTES BY THE BOARD OF DIRECTORS Committee meetings are documented by minutes that are provided to the Board of Directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Board of Directors is provided with a copy of the 990 Tax Return during their annual board meeting as an agenda item.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD REVIEWS AND ENFORCES THE CONFLICT OF INTEREST POLICIES BY OFFICERS AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Top management compensation is reviewd by the board and compared to other similar organizations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Key employees compensation is reviewd by the Board of Directors and compare to similar organizations and recommendations of the governing body
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9All documents are available including Tax Form 990 upon request or viewed at the organization's main office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Governing documents etc available to public Part VI line 19
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IRS990/WebsiteAddressTxt0WWW.ACHIEVEMENTSLEARNINGCENTER.ORG

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