Civic Intelligence

Waterfall Academy

990EZ • Fiscal year 2022 • EIN 83-0616239

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization Profilewww.waterfallacademy.com
901 Waterfall Way Ste 307Richardson, TX 75080

(972) 213-8357

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

45th percentile

1.9%

Higher net margin than 45% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

$3,399

No earlier filing loaded for comparison.

Net Assets

$3,399

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin45th percentile

Revenue

$128,461

No earlier filing loaded for comparison.

Expenses

$126,062

No earlier filing loaded for comparison.

Net Income

$2,399

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$40K$30K$20K$10K$0Assets 2022: $3,399Liabilities 2022: $0Net Assets 2022: $3,3992022Assets 2023: $4,500Liabilities 2023: $0Net Assets 2023: $4,5002023Assets 2024: $30,479Liabilities 2024: $8,415Net Assets 2024: $22,0642024

Highlighted filing

2022

Assets$3,399
Liabilities$0
Net Assets$3,399
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$300K$200K$100K$0Revenue 2022: $128,461Expenses 2022: $126,062Net Income 2022: $2,3992022Revenue 2023: $385,163Expenses 2023: $384,062Net Income 2023: $1,1012023Revenue 2024: $260,247Expenses 2024: $239,055Net Income 2024: $21,1922024

Highlighted filing

2022

Revenue$128,461
Expenses$126,062
Net Income$2,399
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$128,461
Mission and Program Overview

Mission

Our mission is to deliver functional education that is customized to the brilliance of each child while supporting families on the path to greatness.

School for children with autism

Program Services

DescriptionGrantsExpenses
WE DELIVER FUNCTIONAL EDUCATION THAT IS CUSTOMIZED TO THE BRILLIANCE OF EACH CHILD WHILE SUPPORTING FAMILIES ON THE PATH TO GREATNESS-$126,062
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANGEL RODRIGUEZDirector-$0--
CONSUELO RODRIGUEZDirector-$0--
Filing and Contact Details

Filer

Filer Name
Waterfall Academy
EIN
83-0616239
Address
901 WATERFALL WAY STE 307, RICHARDSON, TX 75080

Signing Officer

Name
Angel Rodriguez
Title
Director
Phone
9722138357
Signed
2023-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Omotayo CPA LLC
Address
12801 N CENTRAL EXPY STE 750, Dallas, TX 75243
Preparer
Megh Patel
Phone
2146460300
Supplemental Narrative

Additional Explanations

Amended return information

“Return was mistakenly filed as a 990n, however, once the accounting was completed, the organization had more than 50,000 in revenues, requiring another form to be filed.”

Raw XML Appendix126 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.

Path#Value
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IRS990EZ/AmendedReturnInd0X
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IRS990EZ/BooksInCareOfDetail/PhoneNum09722138357
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0901 WATERFALL WAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RICHARDSON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075080
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01000
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03399
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt025298
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02399
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IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01000
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03399
IRS990EZ/GrossReceiptsAmt0128461
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01000
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03399
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01000
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03399
IRS990EZ/OccupancyRentUtltsAndMaintAmt025554
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANGEL RODRIGUEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CONSUELO RODRIGUEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SCHOOL FOR CHILDREN WITH AUTISM
IRS990EZ/ProgramServiceRevenueAmt0103163
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WE DELIVER FUNCTIONAL EDUCATION THAT IS CUSTOMIZED TO THE BRILLIANCE OF EACH CHILD WHILE SUPPORTING FAMILIES ON THE PATH TO GREATNESS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0126062
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0100508
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0126062
IRS990EZ/TotalProgramServiceExpensesAmt0126062
IRS990EZ/TotalRevenueAmt0128461
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RETURN WAS MISTAKENLY FILED AS A 990N, HOWEVER, ONCE THE ACCOUNTING WAS COMPLETED, THE ORGANIZATION HAD MORE THAN 50,000 IN REVENUES, REQUIRING ANOTHER FORM TO BE FILED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Amended return information
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANGEL RODRIGUEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09722138357
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATERFALL ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0WATE
ReturnHeader/Filer/EIN0830616239
ReturnHeader/Filer/USAddress/AddressLine1Txt0901 WATERFALL WAY STE 307
ReturnHeader/Filer/USAddress/CityNm0RICHARDSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075080
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0453133590
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012801 N CENTRAL EXPY STE 750
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Dallas
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075243
ReturnHeader/PreparerPersonGrp/PhoneNum02146460300
ReturnHeader/PreparerPersonGrp/PreparationDt02024-01-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Megh Patel
ReturnHeader/ReturnTs02024-01-29T13:01:15-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANGEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RODRIGUEZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,399
Liabilities
$0
Net assets
$3,399
Revenue
$128,461
Expenses
$126,062
Net income
$2,399
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.30$0.08$0.22$2.60$2.39$0.21
2023Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$3.85$3.84$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.28$1.26$0.02