Civic Intelligence

St Johns Classical Academy Inc

990 • Fiscal year 2020 • EIN 81-2606245

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 19, 2021

114 Canova RoadFleming Island, FL 32003

(904) 458-8240

Siviq Scores

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

Liabilities / Assets

94th percentile

1.07x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

2.50x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

51st percentile

4.7%

Higher net margin than 51% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

48th percentile

6.1%

Faster asset growth than 48% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

80th percentile

24%

Faster revenue growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$12,345,740

Up $706,936 (+6.1%) from 2019

Net Assets

Up

-$925,267

Up $250,047 (+21%) from 2019

Liabilities

Up

$13,271,007

Up $456,889 (+3.6%) from 2019

Revenue

Up

$5,301,015

Up $1,013,117 (+24%) from 2019

Expenses

Up

$5,050,968

Up $43,603 (+0.9%) from 2019

Net Income

Up

$250,047

Up $969,514 (+135%) from 2019

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2018: $13,647,426Liabilities 2018: $14,103,273Net Assets 2018: -$455,8472018Assets 2019: $11,638,804Liabilities 2019: $12,814,118Net Assets 2019: -$1,175,3142019Assets 2020: $12,345,740Liabilities 2020: $13,271,007Net Assets 2020: -$925,2672020Assets 2021: $18,448,334Liabilities 2021: $19,160,344Net Assets 2021: -$712,0102021Assets 2022: $18,213,620Liabilities 2022: $18,234,048Net Assets 2022: -$20,4282022Assets 2023: $18,559,983Liabilities 2023: $18,126,571Net Assets 2023: $433,4122023Assets 2024: $28,503,716Liabilities 2024: $28,146,057Net Assets 2024: $357,6592024Assets 2025: $39,892,239Liabilities 2025: $40,118,472Net Assets 2025: -$226,2332025

Highlighted filing

2020

Assets$12,345,740
Liabilities$13,271,007
Net Assets-$925,267

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2018: $2,735,639Expenses 2018: $3,111,050Net Income 2018: -$375,4112018Revenue 2019: $4,287,898Expenses 2019: $5,007,365Net Income 2019: -$719,4672019Revenue 2020: $5,301,015Expenses 2020: $5,050,968Net Income 2020: $250,0472020Revenue 2021: $6,423,281Expenses 2021: $6,100,994Net Income 2021: $322,2872021Revenue 2022: $6,831,111Expenses 2022: $6,139,529Net Income 2022: $691,5822022Revenue 2023: $7,923,866Expenses 2023: $7,470,026Net Income 2023: $453,8402023Revenue 2024: $12,559,020Expenses 2024: $12,358,829Net Income 2024: $200,1912024Revenue 2025: $14,637,973Expenses 2025: $15,221,865Net Income 2025: -$583,8922025

Highlighted filing

2020

Revenue$5,301,015
Expenses$5,050,968
Net Income$250,047
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 19, 2021
Return Version
2019v5.1
Gross Receipts
$5,323,350
Mission and Program Overview

Mission

To operate public charter schools in florida.

To operate a public charter school in clay county florida.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,157,014$10,858,608▼ $298,406
Cash and Non-Interest-Bearing Accounts$349,383$1,367,651▲ $1,018,268
Rtn Earn Endowment Incm Other Fnds$58,879$533,539▲ $474,660
Savings and Temporary Cash Investments$116,834$91,802▼ $25,032
Pledges and Grants Receivable-$22,551-
Accounts Receivable$10,940--
Prepaid Expenses and Deferred Charges$4,633$5,128▲ $495
Pd in Cap Srpls Land Bldg Eqp Fund$-1,234,193$-1,458,806▼ $224,613
Total Assets$11,638,804$12,345,740▲ $706,936
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,591,207$12,317,414▼ $273,793
Unsecured Notes Loans Payable-$647,200-
Accounts Payable and Accrued Expenses$222,911$306,393▲ $83,482
Total Liabilities$12,814,118$13,271,007▲ $456,889
Net Assets / Fund Balance
Total Net Assets Fund Balance$-1,175,314$-925,267▲ $250,047
Total Liabilities and Net Assets / Fund Balance$11,638,804$12,345,740▲ $706,936

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,295,690$432,319-
Other Land Buildings$79,939$6,061-
Land$1,385,000--
Equipment$97,979$47,345-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Diane HutchingsFounder/president
Amy MillerFounder/treasurer
Daniel Matt JohnsonHeadmaster
Carlyle MartinMember
Jim HorneMember
Ryman ShoafMember
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,106,080
Investment Income
$2,297
Other Revenue
$192,638
Change in Net Assets
$250,047

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,301,015
Total Revenue per Audited Statements
$5,301,015
Total Revenue per Form 990
$5,301,015
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,050,968
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$963,491$1,395$0$964,886
Interest$929,568$0$0$929,568
Depreciation Depletion$355,927$0$0$355,927
Other Expenses$13,942$0$0$13,942
Total Functional Expenses$5,049,573$1,395$0$5,050,968

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$505,968
Total Expenses per Audited Statements$505,968
Total Expenses per Form 990$505,968
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$42,557
Fundraising Direct Expenses$22,335
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$35,957$35,957$16,935$19,022
Penguin Patch$6,600$6,600$5,400$1,200
Total Events$42,557$42,557$22,335$20,222
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ASt Johns Classical Academy Inc2017-12-31$12,385,000SCHOOL FACILITY
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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
St Johns Classical Academy Inc
EIN
81-2606245
Phone
9044588240
Address
114 CANOVA ROAD, FLEMING ISLAND, FL 32003

Signing Officer

Name
Diane Hutchings
Title
President
Phone
9044588240
Signed
2021-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diane Hutchings
Formed
2016
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
104
Volunteers
50

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 districts pay scale.

Form 990, Part IX, Line 24E

BOARD 1395. 0. 1395. 0.

Form 990, Part IX, Line 24E

School administration 508219. 508219. 0. 0.

Form 990, Part IX, Line 24E

Fiscal services 58459. 58459. 0. 0.

Form 990, Part IX, Line 24E

Food services 40. 40. 0. 0.

Form 990, Part IX, Line 24E

Operation of plant 284366. 284366. 0. 0.

Form 990, Part IX, Line 24E

Maintenance of plant 5056. 5056. 0. 0.

Form 990, Part IX, Line 24E

Community service 107351. 107351. 0. 0.

Financial Statement Notes

Pt X, Line 2

The School is exempt from Federal tax under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been included in the accompanying financial statements. Additionally, no uncertain tax positions have been made requiring disclosure in the related note to financial statements. The Schools income tax returns for the past three years are subject to examination by tax authorities and may change upon examination.

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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt079939
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06061
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt086000
IRS990ScheduleD/RevenueSubtotalAmt05301015
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The School is exempt from Federal tax under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been included in the accompanying financial statements. Additionally, no uncertain tax positions have been made requiring disclosure in the related note to financial statements. The Schools income tax returns for the past three years are subject to examination by tax authorities and may change upon examination.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010858608
IRS990ScheduleD/TotalExpensesPerForm990Amt0505968
IRS990ScheduleD/TotalRevenuePerForm990Amt05301015
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05301015
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0505968
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/ExplanationTxt0RECEIVES GRANTS THOUGH THE FLORIDA DEPT OF EDUCATION
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NA
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt022335
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0PENGUIN PATCH
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt035957
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt042557
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt035957
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt042557
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt020222
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt022335
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt016935
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt05400
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02017-12-31
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0812606245
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0812606245
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt012385000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0ST JOHNS CLASSICAL ACADEMY INC
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0SCHOOL FACILITY
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 DISTRICTS PAY SCALE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD 1395. 0. 1395. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SCHOOL ADMINISTRATION 508219. 508219. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FISCAL SERVICES 58459. 58459. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FOOD SERVICES 40. 40. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OPERATION OF PLANT 284366. 284366. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MAINTENANCE OF PLANT 5056. 5056. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9COMMUNITY SERVICE 107351. 107351. 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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt011638804
IRS990/TotalAssetsEOYAmt012345740
IRS990/TotalAssetsGrp/BOYAmt011638804
IRS990/TotalAssetsGrp/EOYAmt012345740
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt0104
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01395
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05049573
IRS990/TotalFunctionalExpensesGrp/TotalAmt05050968
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012814118
IRS990/TotalLiabilitiesEOYAmt013271007
IRS990/TotalLiabilitiesGrp/BOYAmt012814118
IRS990/TotalLiabilitiesGrp/EOYAmt013271007
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1175314
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-925267
IRS990/TotalProgramServiceExpensesAmt05049573
IRS990/TotalProgramServiceRevenueAmt05106080
IRS990/TotalRevenueGrp/ExclusionAmt020222
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05280793
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05301015
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt011638804
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012345740
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0647200
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0114 CANOVA ROAD
IRS990/USAddress/CityNm0FLEMING ISLAND
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032003
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0http://www.stjca.org/
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DIANE HUTCHINGS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09044588240
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ST JOHNS CLASSICAL ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0STJO
ReturnHeader/Filer/EIN0812606245
ReturnHeader/Filer/PhoneNum09044588240
ReturnHeader/Filer/USAddress/AddressLine1Txt0114 CANOVA ROAD
ReturnHeader/Filer/USAddress/CityNm0FLEMING ISLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL

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