Civic Intelligence

Engaging Young Minds Academy Inc.

990EZ • Fiscal year 2020 • EIN 83-2999697

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 10, 2021

1273 Summit Oaks Drive westJacksonville, FL 32221

(904) 338-2579

Siviq Scores

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

Liabilities / Assets

97th percentile

2.10x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

100th percentile

26.46x

Higher debt load relative to revenue than 100% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

1st percentile

-1386%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

100th percentile

6284900%

Faster asset growth than 100% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Assets

Up

$62,850

Up $62,849 (+6284900%) from 2019

Net Assets

-$69,176

No earlier filing loaded for comparison.

Liabilities

Up

$132,026

Up $132,026 from 2019

Revenue

Up

$4,990

Up $4,990 from 2019

Expenses

Up

$74,166

Up $74,166 from 2019

Net Income

Down

-$69,176

Down $69,176 from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2019: $1Liabilities 2019: $02019Assets 2020: $62,850Liabilities 2020: $132,026Net Assets 2020: -$69,1762020Assets 2021: $96,675Liabilities 2021: $261,059Net Assets 2021: -$164,3842021Assets 2022: $500,100Liabilities 2022: $265,100Net Assets 2022: $235,0002022Assets 2023: $265,932Liabilities 2023: $193,222Net Assets 2023: $72,7102023Assets 2024: $246,815Liabilities 2024: $202,466Net Assets 2024: $44,3492024

Highlighted filing

2020

Assets$62,850
Liabilities$132,026
Net Assets-$69,176

Operations Trend

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

$400K$200K$0-$200KRevenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $4,990Expenses 2020: $74,166Net Income 2020: -$69,1762020Revenue 2021: $117,520Expenses 2021: $153,910Net Income 2021: -$36,3902021Revenue 2022: $235,000Expenses 2022: $0Net Income 2022: $235,0002022Revenue 2023: $345,013Expenses 2023: $328,247Net Income 2023: $16,7662023Revenue 2024: $234,306Expenses 2024: $262,667Net Income 2024: -$28,3612024

Highlighted filing

2020

Revenue$4,990
Expenses$74,166
Net Income-$69,176
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 10, 2021
Return Version
2020v4.0
Gross Receipts
$4,990
Mission and Program Overview

Mission

Teaching young minds a learning ability

Program Services

DescriptionGrantsExpenses
School received authorization from IRSthe school is starting to become active--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nkoyo RossPresident-$0--
Filing and Contact Details

Filer

Filer Name
Engaging Young Minds Academy Inc
EIN
83-2999697
Address
1273 Summit Oaks Drive west, Jacksonville, FL 32221

Signing Officer

Name
Nkoyo Ross
Title
President
Phone
9043382579
Signed
2021-02-10
Discuss with paid preparer
No

Preparer

Firm
Evelyn Noel Accounting
Address
3711 Trout River Blvd, Jacksonville, FL 32208
Preparer
Evelyn Noel
Phone
9047686486
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountDepreciation from 4562 8,557Advertisin 4,000Auto Expense 9,775Bank Chgs 75Phone charges 641Liability Insurance 3,063Office expensse 1,272Rent 23,825Taxes 175Repairs 9,820Food cost 1,863Utilities 11,100

Description of total liabilities Part II line 26

Category Beginning of Year End of YearN Ross 0 61,419EXPENSES 0 70,607

Raw XML Appendix133 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.

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IRS990EZ/BooksInCareOfDetail/PhoneNum09043382579
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01273 Summit Oaks Drive west
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Jacksonville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd032221
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
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IRS990EZ/ContributionsGiftsGrantsEtcAmt02550
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IRS990EZ/ExcessOrDeficitForYearAmt0-69176
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IRS990EZ/LoansToFromOfficersAmt0197950
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IRS990EZ/ProgramServiceRevenueAmt02440
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SchoolOperatingInd0true
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0FL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0132026
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt074166
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt04990
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/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0197950
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0establish an Academy
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt067000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Nkoyo Ross
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt0197950
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDepreciation from 4562 8,557Advertisin 4,000Auto Expense 9,775Bank Chgs 75Phone charges 641Liability Insurance 3,063Office expensse 1,272Rent 23,825Taxes 175Repairs 9,820Food cost 1,863Utilities 11,100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearN Ross 0 61,419EXPENSES 0 70,607
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/EIN0832999697
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-02-10T15:07:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Nkoyo
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Ross
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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