Civic Intelligence

Emerson Academy Inc.

990EZ • Fiscal year 2023 • EIN 87-1932375

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 15, 2024

Organization ProfileEmersonAcademyNaples.org
263 Perignon PlaceNaples, FL 34119-4737

(978) 828-2041

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

37th percentile

-2.7%

Higher net margin than 37% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

41st percentile

-3.0%

Faster asset growth than 41% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

10th percentile

-53%

Faster revenue growth than 10% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$27,905

Down $849 (-3.0%) from 2022

Net Assets

Down

$27,905

Down $849 (-3.0%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin37th percentile

Revenue

Down

$31,796

Down $36,424 (-53%) from 2022

Expenses

Down

$32,645

Down $8,821 (-21%) from 2022

Net Income

Down

-$849

Down $27,603 (-103%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$40K$30K$20K$10K$0Assets 2021: $2,000Net Assets 2021: $2,0002021Assets 2022: $28,754Net Assets 2022: $28,7542022Assets 2023: $27,905Net Assets 2023: $27,9052023Assets 2024: $33,323Net Assets 2024: $33,3232024

Highlighted filing

2023

Assets$27,905
Liabilities-
Net Assets$27,905
Open 2023 Filing

Operations Trend

Revenue Growth10th percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2021: $2,0002021Revenue 2022: $68,220Expenses 2022: $41,466Net Income 2022: $26,7542022Revenue 2023: $31,796Expenses 2023: $32,645Net Income 2023: -$8492023Revenue 2024: $34,742Expenses 2024: $29,324Net Income 2024: $5,4182024

Highlighted filing

2023

Revenue$31,796
Expenses$32,645
Net Income-$849
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 15, 2024
Return Version
2023v5.0
Gross Receipts
$31,796
Mission and Program Overview

Mission

To provide equity in educational opportunities for outstanding minority public high school students from under resourced backrounds.

Program Services

DescriptionGrantsExpenses
Program service expenses$31,796$30,427
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William McCormickPresident & DirectorPT$0--
Shelley R McCormickDirector-$0--
Maria U B McCormickDirector-$0--
Patrick H NealeSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Emerson Academy Inc
EIN
87-1932375
Phone
9788282041
Address
263 Perignon Place, Naples, FL 34119-4737

Signing Officer

Name
William McCormick
Title
President
Phone
9788282041
Signed
2024-03-15
Discuss with paid preparer
Yes

Preparer

Firm
Charles J DiMatteo JrCPA
Address
6 Ashdale Drive, North Billerica, MA 01862
Preparer
Charles J DiMatteo Jr
Phone
9786675775
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Program Service Expenses; Program; : , , , ; None, 30427.”

Form 990EZ, Part I, Line 16

“Insurance 1186.”

Form 990EZ, Part I, Line 16

“Miscellaneous fees 4.”

Form 990EZ, Part I, Line 16

“Fundraising expenses 92.”

Raw XML Appendix160 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/BooksInCareOfDetail/USAddress/CityNm0Naples
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt030427
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt031796
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0William McCormick
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Shelley R McCormick
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Maria U B McCormick
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Patrick H Neale
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01282
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide equity in educational opportunities for outstanding minority public high school students from under resourced backrounds.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Program service expenses
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt031796
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt030427
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt032645
IRS990EZ/TotalProgramServiceExpensesAmt030427
IRS990EZ/TotalRevenueAmt031796
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0EmersonAcademyNaples.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt031796
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt068220
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0102016
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0102016
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt031796
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt068220
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02000
IRS990ScheduleA/Total509Grp/TotalAmt0102016
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0102016
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses; Program; : , , , ; None, 30427.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance 1186.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Miscellaneous fees 4.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0William McCormick
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09788282041
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-15
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ReturnHeader/Filer/EIN0871932375
ReturnHeader/Filer/PhoneNum09788282041
ReturnHeader/Filer/USAddress/AddressLine1Txt0263 Perignon Place
ReturnHeader/Filer/USAddress/CityNm0Naples
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0341194737
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042762591
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06 Ashdale Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0North Billerica
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001862
ReturnHeader/PreparerPersonGrp/PhoneNum09786675775
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Charles J DiMatteo Jr
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-03-27T12:09:27-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0William
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0McCormick
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,905
Liabilities
-
Net assets
$27,905
Revenue
$31,796
Expenses
$32,645
Net income
-$849
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$33.3$33.3$34.7$29.3$5.42
2023Detailed filing. Detailed filing data is available for this year.$27.9$27.9$31.8$32.6$0.85
2022Detailed filing. Detailed filing data is available for this year.$28.8$28.8$68.2$41.5$26.8
2021Detailed filing. Detailed filing data is available for this year.$2.00$2.00$2.00