Civic Intelligence

Vine Academy Inc.

990 • Fiscal year 2023 • EIN 87-2293794

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

7800 College ParkwayFort Myers, FL 33907

(239) 321-9957

Siviq Scores

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

Liabilities / Assets

99th percentile

4.47x

Higher debt load relative to assets than 99% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

63rd percentile

0.07x

Higher debt load relative to revenue than 63% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

38th percentile

-0.9%

Higher net margin than 38% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

69th percentile

$53,300

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

1st percentile

-81%

Faster asset growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

86th percentile

69%

Faster revenue growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$9,181

Down $39,477 (-81%) from 2022

Net Assets

Down

-$31,892

Down $5,264 (-20%) from 2022

Liabilities

Down

$41,073

Down $34,213 (-45%) from 2022

Revenue

Up

$615,711

Up $252,156 (+69%) from 2022

Expenses

Up

$620,975

Up $230,792 (+59%) from 2022

Net Income

Up

-$5,264

Up $21,364 (+80%) from 2022

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2022: $48,658Liabilities 2022: $75,286Net Assets 2022: -$26,6282022Assets 2023: $9,181Liabilities 2023: $41,073Net Assets 2023: -$31,8922023Assets 2024: $55,336Liabilities 2024: $55,945Net Assets 2024: -$6092024

Highlighted filing

2023

Assets$9,181
Liabilities$41,073
Net Assets-$31,892

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2022: $363,555Expenses 2022: $390,183Net Income 2022: -$26,6282022Revenue 2023: $615,711Expenses 2023: $620,975Net Income 2023: -$5,2642023Revenue 2024: $734,940Expenses 2024: $703,657Net Income 2024: $31,2832024

Highlighted filing

2023

Revenue$615,711
Expenses$620,975
Net Income-$5,264
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.0
Gross Receipts
$615,711
Mission and Program Overview

Mission

VCA exists to prepare children to have Christ-like character by integrating early academic education through Biblical principles within the childcare setting. We use consistent learning principles, introducing each subject from God's perspective. VCA accomplishes this through purpose-driven care, implementing creative, age appropriate and instructive curriculum always ensuring a wholesome learning environment. We believe in an early and ongoing learning process, built through biblical principles that promote ethical and moral thinking defined by the role-model of Christ. VCA strives to be a partner for parents and families in the continuation and fulfillment of each child's character formation.

To be a reference of excellence within the child care system promoting the community. To provide holistic nurturing, extended and improve family engagement by integrating biblical principles and introducing preschool academic content. All property of the Organization is irrevocably dedicated to charitable, educational, religious, or scientific purposes, under section 501(c)(3) of Internal Revenue Code, or corresponding section of any future federal tax code, and shall not be held or used for any other purpose whatsoever. Assets of the organization are permanently dedicated to the exempt purpose described under section 501(c)(3). No part of the net earnings of the Organization shall inure to the benefit of any private individual, and no director, officer, or employee of the Organization shall receive any compensation or other payment in excess of reasonable compensation for services actually rendered to the Organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$18,500$20,517▲ $2,017
Land, Buildings, and Equipment, Net$4,680$4,897▲ $217
Cash and Non-Interest-Bearing Accounts$43,892$2,273▼ $41,619
Accounts Receivable$86$2,011▲ $1,925
Total Assets$48,658$9,181▼ $39,477
Liabilities
Grants Payable$38,865$0▼ $38,865
Mortgage Notes Payable Secured by Investment Property$13,852$17,152▲ $3,300
Other Liabilities$4,069--
Accounts Payable and Accrued Expenses-$3,404-
Total Liabilities$75,286$41,073▼ $34,213
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-26,628$-31,892▼ $5,264
Total Net Assets Fund Balance$-26,628$-31,892▼ $5,264
Total Liabilities and Net Assets / Fund Balance$48,658$9,181▼ $39,477

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$3,126$0$0
Leasehold Improvements$1,771$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Adriana AlmeidaDirectorFT$26,650$26,650$53,300
Gabriela TombsDirectorFT$25,012$25,012$50,024
Revenue and Support

Revenue Composition

Contributions and Grants
$100,506
Program Service Revenue
$515,205
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-5,264
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$368,777
Other Expenses$234,855
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$299,290--$299,290
Payments to Affiliates$74,500--$74,500
Occupancy$64,207--$64,207
Office Expenses$63,796--$63,796
Current Officers, Directors, Trustees, and Key Employees$51,661--$51,661
Payroll Taxes$17,826--$17,826
Benefits to Members$17,343--$17,343
Fees for Services Legal$15,648--$15,648
All Other Expenses$7,746--$7,746
Fees for Services Management$3,596--$3,596
Insurance$2,826--$2,826
Advertising$1,933--$1,933
Information Technology$603--$603
Total Functional Expenses$620,975$0$0$620,975
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$18,500$20,517▲ $2,017
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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

The main pastor and his wife are both founders and members of the board.

Form 990, Part VI, Section A, Line 8B

Meetings are not recorded, but just when there is a relevant subject to be decided.

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

The pastor from the church related to Vine Academy and an international accountant/auditor review Form 990 before submit.

Form 990, Part VI, Section C, Line 19

It is into Vine Academy bylaw and registered with Florida Department.

Filing and Contact Details

Filer

Filer Name
Vine Academy Inc
EIN
87-2293794
Phone
2393219957
Address
7800 COLLEGE PARKWAY, FORT MYERS, FL 33907
Doing Business As
Vine Christian Academy

Signing Officer

Name
Gabriela Desiree
Title
Manager
Phone
2398954812
Signed
2024-05-15

Organization Details

Principal Officer
Juliana Fernandes
Formed
2021
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
4
Employees
0
Volunteers
12
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IRS990/MissionDesc0VCA exists to prepare children to have Christ-like character by integrating early academic education through Biblical principles within the childcare setting. We use consistent learning principles, introducing each subject from God's perspective. VCA accomplishes this through purpose-driven care, implementing creative, age appropriate and instructive curriculum always ensuring a wholesome learning environment. We believe in an early and ongoing learning process, built through biblical principles that promote ethical and moral thinking defined by the role-model of Christ. VCA strives to be a partner for parents and families in the continuation and fulfillment of each child's character formation.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The main pastor and his wife are both founders and members of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meetings are not recorded, but just when there is a relevant subject to be decided.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The pastor from the church related to Vine Academy and an international accountant/auditor review Form 990 before submit.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3It is into Vine Academy bylaw and registered with Florida Department.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
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IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0It represents an amount for a lease of the space considering the market price per sfqt utilized for Vine Academy activities.
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0620975
IRS990/TotalFunctionalExpensesGrp/TotalAmt0620975
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt075286
IRS990/TotalLiabilitiesEOYAmt041073
IRS990/TotalLiabilitiesGrp/BOYAmt075286
IRS990/TotalLiabilitiesGrp/EOYAmt041073
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-26628
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-31892
IRS990/TotalOtherCompensationAmt051662
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0515205
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0515205
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0620975
IRS990/TotalProgramServiceRevenueAmt0515205
IRS990/TotalReportableCompFromOrgAmt051662
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0515205
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0615711
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt048658
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09181
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd01
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt013994 REFLECTION LAKES DR
IRS990/USAddress/CityNm0Fort Myers
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033907
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0https://vineacademy.org/
IRS990/WhistleblowerPolicyInd00
ReasonableCauseExplanation/ExplanationTxt0Shortage of specialized staff that can review Form990 and help with all management activities.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GABRIELA DESIREE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum02398954812
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VINE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0VINE
ReturnHeader/Filer/EIN0872293794
ReturnHeader/Filer/PhoneNum02393219957
ReturnHeader/Filer/USAddress/AddressLine1Txt07800 COLLEGE PARKWAY
ReturnHeader/Filer/USAddress/CityNm0FORT MYERS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033907
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-05-16T14:24:09-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GABRIELA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DESIREE
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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