Civic Intelligence

Creative Inspiration Journey School of Stcloud Inc

EIN 81-3396228 • 501(c)3 • Saint Cloud, FL

Profile

To operate a charter school in osceola county, fl.

2030 Old Hickory Tree RdSaint Cloud, FL 34772

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.97x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

2.92x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

49th percentile

3.7%

Higher net margin than 49% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

31st percentile

-0.7%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

31st percentile

-0.9%

Faster revenue growth than 31% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$18,976,415

Up $18,362,105 (+2989%) from 2021

Liabilities

Up

$19,215,772

Up $18,493,939 (+2562%) from 2021

Net Assets

Down

-$239,357

Down $131,834 (-123%) from 2021

Revenue

Up

$5,019,255

Up $1,598,357 (+47%) from 2021

Expenses

Up

$5,151,089

Up $1,864,807 (+57%) from 2021

Net Income

Down

-$131,834

Down $266,450 (-198%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0-$5.0MAssets 2020: $505,014Liabilities 2020: $634,983Net Assets 2020: -$129,9692020Assets 2021: $614,310Liabilities 2021: $721,833Net Assets 2021: -$107,5232021Assets 2022: $18,976,415Liabilities 2022: $19,215,772Net Assets 2022: -$239,3572022

Highlighted filing

2022

Assets$18,976,415
Liabilities$19,215,772
Net Assets-$239,357

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $2,635,066Expenses 2020: $2,613,072Net Income 2020: $21,9942020Revenue 2021: $3,420,898Expenses 2021: $3,286,282Net Income 2021: $134,6162021Revenue 2022: $5,019,255Expenses 2022: $5,151,089Net Income 2022: -$131,8342022

Highlighted filing

2022

Revenue$5,019,255
Expenses$5,151,089
Net Income-$131,834

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 4, 2023
Return Version
2021v4.1
Gross Receipts
$5,022,362
Mission and Program Overview

Mission

To operate a charter school in osceola county, fl.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$59,754$13,624,383▲ $13,564,629
Rtn Earn Endowment Incm Other Fnds$-167,277$4,955,232▲ $5,122,509
Savings and Temporary Cash Investments-$3,917,054-
Cash and Non-Interest-Bearing Accounts$506,126$1,345,583▲ $839,457
Pledges and Grants Receivable-$55,105-
Accounts Receivable$31,778$34,290▲ $2,512
Prepaid Expenses and Deferred Charges$16,652--
Pd in Cap Srpls Land Bldg Eqp Fund$59,754$-5,194,589▼ $5,254,343
Total Assets$614,310$18,976,415▲ $18,362,105
Liabilities
Tax Exempt Bond Liabilities-$18,818,972-
Unsecured Notes Loans Payable$413,442--
Accounts Payable and Accrued Expenses$158,391$396,800▲ $238,409
Mortgage Notes Payable Secured by Investment Property$150,000--
Other Liabilities$0$0→ $0
Total Liabilities$721,833$19,215,772▲ $18,493,939
Net Assets / Fund Balance
Total Net Assets Fund Balance$-107,523$-239,357▼ $131,834
Total Liabilities and Net Assets / Fund Balance$614,310$18,976,415▲ $18,362,105

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,465,497$240,192-
Other Land Buildings$1,202,625--
Land$1,812,244--
Equipment$41,756$28,103-
Leasehold Improvements$102,261$7,215-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeffrey DixonPresident
Michelle QuinnPrincipal
Susan PowersSecretary
William PylantVP/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,611,303
Investment Income
$0
Other Revenue
$407,952
Change in Net Assets
$-131,834

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,019,255
Total Revenue per Audited Statements
$5,019,255
Total Revenue per Form 990
$5,019,255
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,151,089
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$1,266,480$133,264$0$1,399,744
Interest$1,213,148$0$0$1,213,148
Depreciation Depletion$257,455$0$0$257,455
Other Expenses$178,465$0$0$178,465
Total Functional Expenses$5,017,825$133,264$0$5,151,089

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,151,089
Total Expenses per Audited Statements$5,151,089
Total Expenses per Form 990$5,151,089
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,114
Fundraising Direct Expenses$3,107
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Run for Funds$31,114$31,114$3,107$28,007
Total Events$31,114$31,114$3,107$28,007
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
ACreative Inspiration Journey School of StCloud I2021-08-25$17,150,000EDUCATIONAL 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
Creative Inspiration Journey School of StCloud Inc
EIN
81-3396228
Phone
4079490056
Address
2030 Old Hickory Tree Rd, Saint Cloud, FL 34772

Signing Officer

Name
Jeffrey Dixon
Title
President
Phone
4079490056
Signed
2023-04-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Dixon
Formed
2016
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
86
Volunteers
20

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 committe 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 district's pay scale.

Form 990, Part IX, Line 24E

Instructional related technology 723. 723. 0. 0.

Form 990, Part IX, Line 24E

Board 43211. 0. 43211. 0.

Form 990, Part IX, Line 24E

General administration 90053. 0. 90053. 0.

Form 990, Part IX, Line 24E

School administration 323034. 323034. 0. 0.

Form 990, Part IX, Line 24E

Facilities 143847. 143847. 0. 0.

Form 990, Part IX, Line 24E

Fiscal services 162645. 162645. 0. 0.

Form 990, Part IX, Line 24E

Food services 224991. 224991. 0. 0.

Form 990, Part IX, Line 24E

Central services 45837. 45837. 0. 0.

Form 990, Part IX, Line 24E

Operation of plant 248721. 248721. 0. 0.

Form 990, Part IX, Line 24E

Maintenance of plant 16156. 16156. 0. 0.

Form 990, Part IX, Line 24E

Administrative technology 12080. 12080. 0. 0.

Form 990, Part IX, Line 24E

Community services 88446. 88446. 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 School's 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/TotExpnsEtcAuditedFinclStmtAmt05151089
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 THROUGH THE FLORIDA DEPT OF EDUCATION
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S NONDISCRIMINATORY POLICY IS PUBLICIZED ON THEIR WEBSITE AND BROCHURE. NA
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03107
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RUN FOR FUNDS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt031114
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt031114
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031114
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031114
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt028007
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03107
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03107
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02021-08-25
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0813396228
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0813396228
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt017150000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0Creative Inspiration Journey School of StCloud I
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0EDUCATIONAL FACILITY
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND A DRAFT IS PROVIDED TO THE FINANCE COMMITTE 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 DISTRICT'S PAY SCALE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INSTRUCTIONAL RELATED TECHNOLOGY 723. 723. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD 43211. 0. 43211. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GENERAL ADMINISTRATION 90053. 0. 90053. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SCHOOL ADMINISTRATION 323034. 323034. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FACILITIES 143847. 143847. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FISCAL SERVICES 162645. 162645. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9FOOD SERVICES 224991. 224991. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10CENTRAL SERVICES 45837. 45837. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11OPERATION OF PLANT 248721. 248721. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12MAINTENANCE OF PLANT 16156. 16156. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13ADMINISTRATIVE TECHNOLOGY 12080. 12080. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14COMMUNITY SERVICES 88446. 88446. 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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt018818972
IRS990/TaxExemptBondsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0614310
IRS990/TotalAssetsEOYAmt018976415
IRS990/TotalAssetsGrp/BOYAmt0614310
IRS990/TotalAssetsGrp/EOYAmt018976415
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt086
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0133264
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05017825
IRS990/TotalFunctionalExpensesGrp/TotalAmt05151089
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0721833
IRS990/TotalLiabilitiesEOYAmt019215772
IRS990/TotalLiabilitiesGrp/BOYAmt0721833
IRS990/TotalLiabilitiesGrp/EOYAmt019215772
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-107523
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-239357
IRS990/TotalProgramServiceExpensesAmt05017825
IRS990/TotalProgramServiceRevenueAmt04611303
IRS990/TotalRevenueGrp/ExclusionAmt028007
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04991248
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05019255
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0614310
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018976415
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0413442
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02030 Old Hickory Tree Rd
IRS990/USAddress/CityNm0SAINT CLOUD
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034772
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03

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