Civic Intelligence

St Johns Classical Academy Inc

990 • Fiscal year 2022 • EIN 81-2606245

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 09, 2022

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

1.00x

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

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

90th percentile

2.67x

Higher debt load relative to revenue than 90% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

57th percentile

10%

Higher net margin than 57% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

44th percentile

-1.3%

Faster asset growth than 44% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

54th percentile

6.3%

Faster revenue growth than 54% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$18,213,620

Down $234,714 (-1.3%) from 2021

Net Assets

Up

-$20,428

Up $691,582 (+97%) from 2021

Liabilities

Down

$18,234,048

Down $926,296 (-4.8%) from 2021

Revenue

Up

$6,831,111

Up $407,830 (+6.3%) from 2021

Expenses

Up

$6,139,529

Up $38,535 (+0.6%) from 2021

Net Income

Up

$691,582

Up $369,295 (+115%) from 2021

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

2022

Assets$18,213,620
Liabilities$18,234,048
Net Assets-$20,428

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

2022

Revenue$6,831,111
Expenses$6,139,529
Net Income$691,582
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 9, 2022
Return Version
2021v4.1
Gross Receipts
$6,831,111
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$12,922,026$13,188,994▲ $266,968
Rtn Earn Endowment Incm Other Fnds$4,498,011$4,736,423▲ $238,412
Cash and Non-Interest-Bearing Accounts$1,677,633$2,458,728▲ $781,095
Savings and Temporary Cash Investments$2,418,883$1,151,048▼ $1,267,835
Pledges and Grants Receivable$5,989$40,094▲ $34,105
Prepaid Expenses and Deferred Charges$4,014$10,104▲ $6,090
Pd in Cap Srpls Land Bldg Eqp Fund$-5,210,021$-4,756,851▲ $453,170
Total Assets$18,448,334$18,213,620▼ $234,714
Other Assets Total$1,419,789$1,364,652▼ $55,137
Liabilities
Tax Exempt Bond Liabilities$18,132,047$17,945,845▼ $186,202
Accounts Payable and Accrued Expenses$1,028,297$288,203▼ $740,094
Other Liabilities$0$0→ $0
Total Liabilities$19,160,344$18,234,048▼ $926,296
Net Assets / Fund Balance
Total Net Assets Fund Balance$-712,010$-20,428▲ $691,582
Total Liabilities and Net Assets / Fund Balance$18,448,334$18,213,620▼ $234,714

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,113,313$1,102,370-
Land$1,727,190--
Equipment$210,494$126,724-
Leasehold Improvements$137,997$27,066-
Other Assets Org$1,364,652--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carlye MartinBoard Chair
Yanzhu LopezwuFinance Director
Lyna HeatonDean of Academics
ASHLEY O'NEALDean of Students
Daniel Matt JohnsonHeadmaster
Amanda HidalgoMember
Keith SmithMember
Geraldine HartinSecretary
James W HorneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,405,179
Investment Income
$0
Other Revenue
$425,932
Change in Net Assets
$691,582

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,831,111
Total Revenue per Audited Statements
$6,831,111
Total Revenue per Form 990
$6,831,111
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,139,529
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$1,531,725$12,971$0$1,544,696
Interest$784,106$0$0$784,106
Depreciation Depletion$455,420$0$0$455,420
Other Expenses$24,499$0$0$24,499
Total Functional Expenses$6,126,558$12,971$0$6,139,529

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,139,529
Total Expenses per Audited Statements$6,139,529
Total Expenses per Form 990$6,139,529
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
Uncertain Tax Positions$0

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
Carlye Martin
Title
Board Chair
Phone
9044588240
Signed
2022-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carlye Martin
Formed
2016
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
0
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

School administration 865127. 865127. 0. 0.

Form 990, Part IX, Line 24E

Fiscal services 56750. 56750. 0. 0.

Form 990, Part IX, Line 24E

Board 12971. 0. 12971. 0.

Form 990, Part IX, Line 24E

Operation of plant 460445. 460445. 0. 0.

Form 990, Part IX, Line 24E

Maintenance of plant 16410. 16410. 0. 0.

Form 990, Part IX, Line 24E

Community service 132993. 132993. 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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IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt06831111
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04498011
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04736423
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02418883
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01151048
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt011113313
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01102370
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt012215683
IRS990ScheduleD/EquipmentGrp/BookValueAmt0210494
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0126724
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0337218
IRS990ScheduleD/ExpensesSubtotalAmt06139529
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01727190
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01727190
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0137997
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt027066
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0165063
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01364652
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOW RELATED TO REFUNDING BONDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNCERTAIN TAX POSITIONS
IRS990ScheduleD/RevenueSubtotalAmt06831111
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/TotalBookValueLandBuildingsAmt013188994
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01364652
IRS990ScheduleD/TotalExpensesPerForm990Amt06139529
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt06831111
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06831111
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06139529
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
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/ExplanationTxt3SCHOOL ADMINISTRATION 865127. 865127. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FISCAL SERVICES 56750. 56750. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD 12971. 0. 12971. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OPERATION OF PLANT 460445. 460445. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MAINTENANCE OF PLANT 16410. 16410. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8COMMUNITY SERVICE 132993. 132993. 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
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt018132047
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt017945845
IRS990/TaxExemptBondsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt018448334
IRS990/TotalAssetsEOYAmt018213620
IRS990/TotalAssetsGrp/BOYAmt018448334
IRS990/TotalAssetsGrp/EOYAmt018213620
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012971
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06126558
IRS990/TotalFunctionalExpensesGrp/TotalAmt06139529
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019160344
IRS990/TotalLiabilitiesEOYAmt018234048
IRS990/TotalLiabilitiesGrp/BOYAmt019160344
IRS990/TotalLiabilitiesGrp/EOYAmt018234048
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-712010
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-20428
IRS990/TotalProgramServiceExpensesAmt06126558
IRS990/TotalProgramServiceRevenueAmt06405179
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06831111
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06831111
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt018448334
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018213620
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1

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