Civic Intelligence

Limitless Education & Training Inc.

990 • Fiscal year 2019 • EIN 80-0098769

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 26, 2020

4810 Campbell RoadAtlanta, GA 30331

(770) 380-7986

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$0

Flat from 2019

Net Assets

Flat

$0

Flat from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses

Revenue

Flat

$279,149

Flat from 2019

Expenses

Flat

$279,339

Flat from 2019

Net Income

Flat

-$190

Flat from 2019

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2011: $16,827Liabilities 2011: $0Net Assets 2011: $16,8272011Assets 2012: $5,905Liabilities 2012: $0Net Assets 2012: $5,9052012Assets 2013: $7,144Liabilities 2013: $0Net Assets 2013: $7,1442013Assets 2014: $5,137Liabilities 2014: $0Net Assets 2014: $5,1372014Assets 2015: $9,744Liabilities 2015: $0Net Assets 2015: $9,7442015Assets 2016: $11,829Liabilities 2016: $387Net Assets 2016: $11,4422016Assets 2017: $17,202Liabilities 2017: $6,135Net Assets 2017: $11,0672017Assets 2018: $15,553Liabilities 2018: $15,313Net Assets 2018: $2402018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $7,715Liabilities 2020: $3,898Net Assets 2020: $3,8172020

Highlighted filing

2019

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $394,771Expenses 2011: $398,686Net Income 2011: -$3,9152011Revenue 2012: $350,693Expenses 2012: $361,615Net Income 2012: -$10,9222012Revenue 2013: $401,381Expenses 2013: $400,142Net Income 2013: $1,2392013Revenue 2014: $396,139Expenses 2014: $398,146Net Income 2014: -$2,0072014Revenue 2015: $298,884Expenses 2015: $294,277Net Income 2015: $4,6072015Revenue 2016: $407,770Expenses 2016: $406,072Net Income 2016: $1,6982016Revenue 2017: $349,774Expenses 2017: $350,149Net Income 2017: -$3752017Revenue 2018: $356,602Expenses 2018: $367,432Net Income 2018: -$10,8302018Revenue 2019: $279,149Expenses 2019: $279,339Net Income 2019: -$1902019Revenue 2019: $279,149Expenses 2019: $279,339Net Income 2019: -$1902019Revenue 2020: $1,419Expenses 2020: $5,943Net Income 2020: -$4,5242020

Highlighted filing

2019

Revenue$279,149
Expenses$279,339
Net Income-$190
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 26, 2020
Return Version
2019v5.0
Gross Receipts
$279,149
Mission and Program Overview

Mission

To nbsp;provide nbsp;quality nbsp;child nbsp;care nbsp;service nbsp;by nbsp;providing nbsp;a nbsp;safe nbsp;warm nbsp;and nbsp;stable nbsp;facility nbsp;with nbsp;well nbsp;trained nbsp;and nbsp;caring nbsp;teachers nbsp;to nbsp;provide nbsp;a nbsp;home nbsp;away nbsp;from nbsp;home nbsp;for nbsp;each nbsp;and nbsp;every nbsp;one nbsp;of nbsp;our nbsp;children

To provide quality care service by providing a safe warm and stable facility with well trained and caring teachers. To provide a home away from home for each and every one of our children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,874--
Rtn Earn Endowment Incm Other Fnds$240--
Total Assets$15,553$0▼ $15,553
Other Assets Total$7,679--
Liabilities
Accounts Payable and Accrued Expenses$8,998--
Other Liabilities$6,315--
Total Liabilities$15,313$0▼ $15,313
Net Assets / Fund Balance
Total Net Assets Fund Balance$240$0▼ $240
Total Liabilities and Net Assets / Fund Balance$15,553$0▼ $15,553

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$4,012-
Equipment-$6,323-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Florence L MccullandPresidentFT$47,351$47,351
Revenue and Support

Revenue Composition

Contributions and Grants
$204,708
Program Service Revenue
$74,441
Investment Income
$0
Other Revenue
$0
All Other Contributions
$204,708
Change in Net Assets
$-190
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$175,153
Other Expenses$104,186
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$92,609--$92,609
Current Officers, Directors, Trustees, and Key Employees-$47,351-$47,351
Payroll Taxes$30,500--$30,500
Insurance$9,348--$9,348
Occupancy$9,251--$9,251
All Other Expenses$8,347--$8,347
Office Expenses$6,656--$6,656
Other Employee Benefits$4,693--$4,693
Other Expenses$2,928--$2,928
Total Functional Expenses$231,988$47,351$0$279,339
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
Credit cards$12,189
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part VI, Section A, Line 6

The organization has members and stockholders.

Part VI, Section A, Line 7A

The president may elect one or more members of the governing body.

Part VI, Section A, Line 7B

Decision of the governing body are subject to approval by the majority vote of the members.

Part VI, Section B, Line 11

A special call meeting is held. Each member is given a copy of the form 990 to review. After review and approval by the members, the form 990 is filed.

Part VI, Section B, Line 12C

Each year the organization provides a list of businesses and each member has to check off whether they have a direct or indirect business interest. Employees should ensure that any external activities do not conflict with their central duties. Employees should disclose any potential conflict or interest as soon as it becomes known to them to the center director. If there is a conflict, it is dealt with immediately.

Part VII, Line 1A(B)

Manage the day to day operations.

Filing and Contact Details

Filer

Filer Name
Love Joy Learning Academy Inc
EIN
80-0098769
Phone
7703807986
Address
4810 CAMPBELL ROAD, ATLANTA, GA 30331

Signing Officer

Name
Florence L Mcculland
Title
President
Phone
7703807986
Signed
2020-03-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Florence L Mcculland
Formed
2004
Legal Domicile
Ga
Voting Board Members
1
Independent Board Members
0
Employees
24

Preparer

Firm
Donald R Mcwilliams
Address
1985 LAKELAND DRIVE, SUITE 100, JACKSON, MS 39216
Preparer
Philando Brown
Phone
6019534764
Supplemental Narrative

Additional Explanations

Part IX, Line 24E

Contribution 500.00 field trips 460.02 postage 24.92 telephone 3,135.15 vehicle 4,224.71 miscellaneous 2.00 total 8,346.80

Part XI, Line 9

Prior period adjustment due to rounding usd 2

Raw XML Appendix321 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS AND STOCKHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISION OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MAJORITY VOTE OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A SPECIAL CALL MEETING IS HELD. EACH MEMBER IS GIVEN A COPY OF THE FORM 990 TO REVIEW. AFTER REVIEW AND APPROVAL BY THE MEMBERS, THE FORM 990 IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH YEAR THE ORGANIZATION PROVIDES A LIST OF BUSINESSES AND EACH MEMBER HAS TO CHECK OFF WHETHER THEY HAVE A DIRECT OR INDIRECT BUSINESS INTEREST. EMPLOYEES SHOULD ENSURE THAT ANY EXTERNAL ACTIVITIES DO NOT CONFLICT WITH THEIR CENTRAL DUTIES. EMPLOYEES SHOULD DISCLOSE ANY POTENTIAL CONFLICT OR INTEREST AS SOON AS IT BECOMES KNOWN TO THEM TO THE CENTER DIRECTOR. IF THERE IS A CONFLICT, IT IS DEALT WITH IMMEDIATELY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MANAGE THE DAY TO DAY OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONTRIBUTION 500.00 FIELD TRIPS 460.02 POSTAGE 24.92 TELEPHONE 3,135.15 VEHICLE 4,224.71 MISCELLANEOUS 2.00 TOTAL 8,346.80
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PRIOR PERIOD ADJUSTMENT DUE TO ROUNDING USD 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION A, LINE 6
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART XI, LINE 9
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030331
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01F73EFC8DB2917BBBA149E13548BDD034C70D603
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01F73EFC8DB2917BBBA149E13548BDD034C70D603
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.227.25.58
ReturnHeader/FilingSecurityInformation/IPDt02020-03-26
ReturnHeader/FilingSecurityInformation/IPTm015:40:00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270720976
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DONALD R MCWILLIAMS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01985 LAKELAND DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JACKSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd039216
ReturnHeader/PreparerPersonGrp/PhoneNum06019534764
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PHILANDO BROWN
ReturnHeader/ReturnTs02020-03-27T09:36:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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