Civic Intelligence

Acton Academy Albuquerque Inc

990 • Fiscal year 2020 • EIN 81-4258509

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 20, 2021

3100 Menaul NEAlbuquerque, NM 87107

(505) 358-1163

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.28x

Higher debt load relative to assets than 73% of similar nonprofits.

2020 filings • NTEE B • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

0.26x

Higher debt load relative to revenue than 79% of similar nonprofits.

2020 filings • NTEE B • $500k-$1M nonprofits • Source year 2020

Net Margin

93rd percentile

58%

Higher net margin than 93% of similar nonprofits.

2020 filings • NTEE B • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2020 filings • NTEE B • $500k-$1M nonprofits • Source year 2020

Asset Growth

98th percentile

734%

Faster asset growth than 98% of similar nonprofits.

2020 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

96th percentile

225%

Faster revenue growth than 96% of similar nonprofits.

2020 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$767,990

Up $675,886 (+734%) from 2019

Net Assets

Up

$553,745

Up $480,787 (+659%) from 2019

Liabilities

Up

$214,245

Up $195,099 (+1019%) from 2019

Revenue

Up

$826,571

Up $572,344 (+225%) from 2019

Expenses

Up

$345,784

Up $94,098 (+37%) from 2019

Net Income

Up

$480,787

Up $478,246 (+18821%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2017: $132,766Liabilities 2017: $2,445Net Assets 2017: $130,3212017Assets 2018: $75,187Liabilities 2018: $4,770Net Assets 2018: $70,4172018Assets 2019: $92,104Liabilities 2019: $19,146Net Assets 2019: $72,9582019Assets 2020: $767,990Liabilities 2020: $214,245Net Assets 2020: $553,7452020Assets 2021: $756,110Liabilities 2021: $12,332Net Assets 2021: $743,7782021Assets 2022: $802,413Liabilities 2022: $13,074Net Assets 2022: $789,3392022Assets 2023: $772,849Liabilities 2023: $16,995Net Assets 2023: $755,8542023Assets 2024: $717,309Liabilities 2024: $4,116Net Assets 2024: $713,1932024

Highlighted filing

2020

Assets$767,990
Liabilities$214,245
Net Assets$553,745

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $297,063Expenses 2017: $148,147Net Income 2017: $148,9162017Revenue 2018: $150,329Expenses 2018: $210,233Net Income 2018: -$59,9042018Revenue 2019: $254,227Expenses 2019: $251,686Net Income 2019: $2,5412019Revenue 2020: $826,571Expenses 2020: $345,784Net Income 2020: $480,7872020Revenue 2021: $761,187Expenses 2021: $571,154Net Income 2021: $190,0332021Revenue 2022: $673,440Expenses 2022: $627,879Net Income 2022: $45,5612022Revenue 2023: $607,207Expenses 2023: $640,692Net Income 2023: -$33,4852023Revenue 2024: $510,849Expenses 2024: $553,510Net Income 2024: -$42,6612024

Highlighted filing

2020

Revenue$826,571
Expenses$345,784
Net Income$480,787
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 20, 2021
Return Version
2020v4.1
Gross Receipts
$826,571
Mission and Program Overview

Mission

Provide education services by operating a school in the albuquerque public school district for grades kindergarten through twelve.

Acton academy is organized and operated exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code. In furtherance of these purposes, acton academy will operate a school for grades k through twelve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,477$682,186▲ $679,709
Rtn Earn Endowment Incm Other Fnds$72,958$553,745▲ $480,787
Cash and Non-Interest-Bearing Accounts$75,455$76,063▲ $608
Accounts Receivable$9,185$3,312▼ $5,873
Prepaid Expenses and Deferred Charges$4,987$2,429▼ $2,558
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$92,104$767,990▲ $675,886
Other Assets Total$0$4,000▲ $4,000
Liabilities
Other Liabilities$16,763$213,099▲ $196,336
Accounts Payable and Accrued Expenses$2,383$1,146▼ $1,237
Total Liabilities$19,146$214,245▲ $195,099
Net Assets / Fund Balance
Total Net Assets Fund Balance$72,958$553,745▲ $480,787
Total Liabilities and Net Assets / Fund Balance$92,104$767,990▲ $675,886

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$669,248$16,766$686,014
Equipment$12,938$10,083$23,021
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff JohnsDirector, President
Julie JohnsDirector
Kenny CookDirector
Theresa DoneySecretary
Sharon BremnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$463,808
Program Service Revenue
$362,763
Investment Income
$0
Other Revenue
$0
All Other Contributions
$463,808
Change in Net Assets
$480,787
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$185,644
Other Expenses$160,140
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$153,763$16,500-$170,263
Occupancy$56,784--$56,784
Depreciation Depletion$18,360--$18,360
All Other Expenses$11,658$3,998-$15,656
Payroll Taxes$14,026$1,355-$15,381
Insurance$9,936$1,104-$11,040
Office Expenses-$6,888-$6,888
Other Expenses$5,597--$5,597
Fees for Services Accounting-$3,626-$3,626
Advertising-$3,228-$3,228
Fees for Services Other$1,451$994-$2,445
Information Technology$778$779-$1,557
Travel-$1,195-$1,195
Total Functional Expenses$306,117$39,667$0$345,784
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
Note Payable$170,000
Ppp Loan$35,400
Credit Card$7,144
Payroll Tax Liability$555
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 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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Family relationships: directors jeff johns and julie johns are siblings.

Form 990, Part VI, Section B, Line 11B

The following officers review financial information and the return prior to filing: jeff johns, president and trustee sharon bremner, treasurer theresa doney, secretary

Form 990, Part VI, Section B, Line 12C

Upon disclosure of a conflict of interest, the governing board or committee will discuss and vote on whether a conflict of interest exists without the individual present. If a conflict exists, the governing board or committee will determine options and whether the proposed transaction or arrangement is in the best interests of acton academy albuquerque inc. Suspected violations of the conflict of interest policy will be investigated by the governing board or committee. A record of potential conflicts of interest will be maintained.

Form 990, Part VI, Section C, Line 18

The organization will provide governing documents, conflict of interest policy, and financial statements to the public upon request.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, finanical information and tax returns are kept at the organization's physical address, and are available to anyone who requests them.

Part VI, Section B, Line 14

The organization has a written records retention policy with respect to the following school records as follows: the school operated by the corporation shall maintain for a minimum period of three years, beginning with the year after the year of compilation, the following records: (i) records indicating the racial composition of the student body, faculty and administrative staff for each academic year; (ii) records sufficient to document that scholarships and other financial assistance is awarded on a racially non-discriminatory basis; (iii) copies of all brochures, catalogs, and advertising dealing with student admissions, programs, and scholarships; and (iv) copies of all materials used by or on behalf of the school to solicit contributions.

Filing and Contact Details

Filer

Filer Name
Acton Academy Albuquerque Inc
EIN
81-4258509
Phone
5053581163
Address
3100 MENAUL NE, ALBUQUERQUE, NM 87107
Doing Business As
Acton Academy Abq

Signing Officer

Name
Jeff Johns
Title
Trustee, President
Phone
5056040900
Signed
2021-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Johns
Formed
2016
Legal Domicile
Nm
Voting Board Members
5
Independent Board Members
5
Employees
6
Volunteers
5

Preparer

Firm
Peltier Gustafson & Miller P a
Address
7020 PROSPECT PLACE NE, ALBUQUERQUE, NM 87110
Preparer
Jacqueline Martinez
Phone
5058813953
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt010083
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023021
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0669248
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt016766
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0686014
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0555
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17144
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt235400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3170000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAX LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PPP LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3NOTE PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0682186
IRS990ScheduleD/TotalLiabilityAmt0213099
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ACTON ACADEMY PUBLISHED ITS RACIALLY NONDISCRIMINATORY POLICY IN THE ALBUQUERQUE JOURNAL NEWSPAPER.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FAMILY RELATIONSHIPS: DIRECTORS JEFF JOHNS AND JULIE JOHNS ARE SIBLINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOLLOWING OFFICERS REVIEW FINANCIAL INFORMATION AND THE RETURN PRIOR TO FILING: JEFF JOHNS, PRESIDENT AND TRUSTEE SHARON BREMNER, TREASURER THERESA DONEY, SECRETARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON DISCLOSURE OF A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE WILL DISCUSS AND VOTE ON WHETHER A CONFLICT OF INTEREST EXISTS WITHOUT THE INDIVIDUAL PRESENT. IF A CONFLICT EXISTS, THE GOVERNING BOARD OR COMMITTEE WILL DETERMINE OPTIONS AND WHETHER THE PROPOSED TRANSACTION OR ARRANGEMENT IS IN THE BEST INTERESTS OF ACTON ACADEMY ALBUQUERQUE INC. SUSPECTED VIOLATIONS OF THE CONFLICT OF INTEREST POLICY WILL BE INVESTIGATED BY THE GOVERNING BOARD OR COMMITTEE. A RECORD OF POTENTIAL CONFLICTS OF INTEREST WILL BE MAINTAINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WILL PROVIDE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANICAL INFORMATION AND TAX RETURNS ARE KEPT AT THE ORGANIZATION'S PHYSICAL ADDRESS, AND ARE AVAILABLE TO ANYONE WHO REQUESTS THEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS A WRITTEN RECORDS RETENTION POLICY WITH RESPECT TO THE FOLLOWING SCHOOL RECORDS AS FOLLOWS: THE SCHOOL OPERATED BY THE CORPORATION SHALL MAINTAIN FOR A MINIMUM PERIOD OF THREE YEARS, BEGINNING WITH THE YEAR AFTER THE YEAR OF COMPILATION, THE FOLLOWING RECORDS: (I) RECORDS INDICATING THE RACIAL COMPOSITION OF THE STUDENT BODY, FACULTY AND ADMINISTRATIVE STAFF FOR EACH ACADEMIC YEAR; (II) RECORDS SUFFICIENT TO DOCUMENT THAT SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE IS AWARDED ON A RACIALLY NON-DISCRIMINATORY BASIS; (III) COPIES OF ALL BROCHURES, CATALOGS, AND ADVERTISING DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS; AND (IV) COPIES OF ALL MATERIALS USED BY OR ON BEHALF OF THE SCHOOL TO SOLICIT CONTRIBUTIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART VI, SECTION B, LINE 14
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NM
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt092104
IRS990/TotalAssetsEOYAmt0767990
IRS990/TotalAssetsGrp/BOYAmt092104
IRS990/TotalAssetsGrp/EOYAmt0767990
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0463808
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt039667
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0306117
IRS990/TotalFunctionalExpensesGrp/TotalAmt0345784
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019146
IRS990/TotalLiabilitiesEOYAmt0214245
IRS990/TotalLiabilitiesGrp/BOYAmt019146
IRS990/TotalLiabilitiesGrp/EOYAmt0214245
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt072958
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0553745
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0306117
IRS990/TotalProgramServiceRevenueAmt0362763
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0362763
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0826571
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt092104
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0767990
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01195
IRS990/TravelGrp/TotalAmt01195
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03100 MENAUL NE
IRS990/USAddress/CityNm0ALBUQUERQUE
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087107
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.ACTONABQ.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF JOHNS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE, PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05056040900
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ACTON ACADEMY ALBUQUERQUE INC
ReturnHeader/Filer/BusinessNameControlTxt0ACTO
ReturnHeader/Filer/EIN0814258509
ReturnHeader/Filer/PhoneNum05053581163
ReturnHeader/Filer/USAddress/AddressLine1Txt03100 MENAUL NE
ReturnHeader/Filer/USAddress/CityNm0ALBUQUERQUE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087107
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0850436347
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PELTIER GUSTAFSON & MILLER P A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07020 PROSPECT PLACE NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBUQUERQUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd087110
ReturnHeader/PreparerPersonGrp/PhoneNum05058813953
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACQUELINE MARTINEZ
ReturnHeader/ReturnTs02021-10-25T10:06:10-05:00
ReturnHeader/ReturnTypeCd0990

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