Civic Intelligence

Medina Academy

990 • Fiscal year 2015 • EIN 91-2070446

Jan 01, 2015 to Dec 31, 2015 • Filed on May 23, 2016

16242 Northup WayBellevue, WA 98008

(425) 497-8848

Siviq Scores

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

Liabilities / Assets

55th percentile

0.14x

Higher debt load relative to assets than 55% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

67th percentile

0.26x

Higher debt load relative to revenue than 67% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

36th percentile

-1.0%

Higher net margin than 36% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

68th percentile

$97,213

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

29th percentile

-3.5%

Faster asset growth than 29% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

40th percentile

0.1%

Faster revenue growth than 40% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$3,193,719

Down $114,244 (-3.5%) from 2014

Net Assets

Down

$2,746,272

Down $16,540 (-0.6%) from 2014

Liabilities

Down

$447,447

Down $97,704 (-18%) from 2014

Revenue

Up

$1,710,712

Up $1,655 (+0.1%) from 2014

Expenses

Up

$1,727,845

Up $213,626 (+14%) from 2014

Net Income

Down

-$17,133

Down $211,971 (-109%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,751,770Liabilities 2010: $87,623Net Assets 2010: $1,664,1472010Assets 2011: $2,692,086Liabilities 2011: $638,708Net Assets 2011: $2,053,3782011Assets 2012: $3,193,910Liabilities 2012: $804,151Net Assets 2012: $2,389,7592012Assets 2013: $3,280,134Liabilities 2013: $671,642Net Assets 2013: $2,608,4922013Assets 2014: $3,307,963Liabilities 2014: $545,151Net Assets 2014: $2,762,8122014Assets 2015: $3,193,719Liabilities 2015: $447,447Net Assets 2015: $2,746,2722015Assets 2016: $3,101,363Liabilities 2016: $428,191Net Assets 2016: $2,673,1722016Assets 2017: $3,015,082Liabilities 2017: $193,864Net Assets 2017: $2,821,2182017Assets 2018: $3,022,692Liabilities 2018: $133,361Net Assets 2018: $2,889,3312018Assets 2019: $3,004,396Liabilities 2019: $113,345Net Assets 2019: $2,891,0512019Assets 2020: $3,795,717Liabilities 2020: $734,878Net Assets 2020: $3,060,8392020Assets 2021: $3,457,344Liabilities 2021: $736,104Net Assets 2021: $2,721,2402021Assets 2022: $3,954,170Liabilities 2022: $442,144Net Assets 2022: $3,512,0262022Assets 2023: $3,945,404Liabilities 2023: $314,973Net Assets 2023: $3,630,4312023Assets 2024: $5,802,125Liabilities 2024: $19,480Net Assets 2024: $5,782,6452024

Highlighted filing

2015

Assets$3,193,719
Liabilities$447,447
Net Assets$2,746,272

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $820,6042010Revenue 2011: $1,416,284Expenses 2011: $1,032,353Net Income 2011: $383,9312011Revenue 2012: $1,624,558Expenses 2012: $1,287,577Net Income 2012: $336,9812012Revenue 2013: $1,601,581Expenses 2013: $1,382,848Net Income 2013: $218,7332013Revenue 2014: $1,709,057Expenses 2014: $1,514,219Net Income 2014: $194,8382014Revenue 2015: $1,710,712Expenses 2015: $1,727,845Net Income 2015: -$17,1332015Revenue 2016: $1,798,588Expenses 2016: $1,877,395Net Income 2016: -$78,8072016Revenue 2017: $2,160,357Expenses 2017: $2,012,311Net Income 2017: $148,0462017Revenue 2018: $2,124,970Expenses 2018: $2,056,857Net Income 2018: $68,1132018Revenue 2019: $2,246,052Expenses 2019: $2,244,332Net Income 2019: $1,7202019Revenue 2020: $2,290,780Expenses 2020: $2,120,800Net Income 2020: $169,9802020Revenue 2021: $1,768,878Expenses 2021: $2,108,477Net Income 2021: -$339,5992021Revenue 2022: $2,872,687Expenses 2022: $2,537,153Net Income 2022: $335,5342022Revenue 2023: $2,873,578Expenses 2023: $2,863,407Net Income 2023: $10,1712023Revenue 2024: $5,217,895Expenses 2024: $3,337,305Net Income 2024: $1,880,5902024

Highlighted filing

2015

Revenue$1,710,712
Expenses$1,727,845
Net Income-$17,133
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 23, 2016
Return Version
2015v2.1
Gross Receipts
$1,711,132
Mission and Program Overview

Mission

Medina academy is an educational institution providing the highest quality academics in an enriching and nurturing environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,154,324$3,129,128▼ $25,196
Loans From Officers Directors$180,000$145,000▼ $35,000
Cash and Non-Interest-Bearing Accounts$142,575$57,591▼ $84,984
Pledges and Grants Receivable$4,064--
Total Assets$3,307,963$3,193,719▼ $114,244
Other Assets Total$7,000$7,000→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$342,880$269,780▼ $73,100
Other Liabilities$22,271$32,667▲ $10,396
Total Liabilities$545,151$447,447▼ $97,704
Net Assets / Fund Balance
Unrestricted Net Assets$2,762,812$2,746,272▼ $16,540
Total Net Assets Fund Balance$2,762,812$2,746,272▼ $16,540
Total Liabilities and Net Assets / Fund Balance$3,307,963$3,193,719▼ $114,244

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,535,391$366,689$2,902,080
Land$544,522-$544,522
Other Land Buildings$49,215$38,314$87,529
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert MondPrincipalFT$97,213$97,213

Board Members and Trustees

NameTitle
Omar MaabrehPresident
Abdul S SaitDirector
Amani RashidDirector
Baian BaianonieDirector
Osama HamdanSecretary
Hazim MackyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$308,698
Program Service Revenue
$1,395,453
Investment Income
$0
Other Revenue
$6,561
All Other Contributions
$308,698
Change in Net Assets
$-17,133
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,220,489
Other Expenses$507,356
Total Fundraising Expense$11,724
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$766,265$255,422-$1,021,687
Occupancy$188,772$62,924-$251,696
Current Officers, Directors, Trustees, and Key Employees$72,910$24,303-$97,213
Depreciation Depletion$65,630$21,877-$87,507
Payroll Taxes$63,711$21,237-$84,948
Fees for Services Other$11,967$3,989$11,724$27,680
Other Employee Benefits$12,481$4,160-$16,641
Office Expenses$9,636$3,212-$12,848
Other Expenses$8,664$4,756-$8,664
Fees for Services Accounting-$7,052-$7,052
Insurance$2,999$1,000-$3,999
Interest$1,314--$1,314
Advertising$95--$95
Total Functional Expenses$1,306,189$409,932$11,724$1,727,845
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$789
Fundraising Direct Expenses$420
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$180,000$145,000▼ $35,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$32,667
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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 B, Line 11

Form is emailed out to the governing board and review feedback is sought before a specified date.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Medina Academy
EIN
91-2070446
Phone
4254978848
Address
16242 NORTHUP WAY, BELLEVUE, WA 98008

Signing Officer

Name
Hazim Macky
Title
Treasurer
Phone
4254978848
Signed
2016-05-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hazim Macky
Formed
1999
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
6
Employees
54
Volunteers
6

Preparer

Firm
Jacobson Jarvis & Co Pllc
Address
200 FIRST AVE WEST SUITE 200, SEATTLE, WA 98119-4219
Preparer
Howard Donkin CPA
Phone
2066288990
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IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01395453
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02535391
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0366689
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02902080
IRS990ScheduleD/LandGrp/BookValueAmt0544522
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0544522
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt049215
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt038314
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt087529
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt032667
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03129128
IRS990ScheduleD/TotalLiabilityAmt032667
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/ExplanationTxt0THE NONDISCRIMINATION POLICY IS PUBLICIZED THROUGH NEWSPAPER ADVERTISEMENTS AND INCLUDED IN THE SCHOOL BROCHURES AND STATED IN ADMISSION MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0125000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt120000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0MEET FUNDS REQUIREMENT FOR SCHOOL BUILDING PROJECT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1MEET FUNDS REQUIREMENT FOR SCHOOL BUILDING PROJECT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt032000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt111000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0OMAR MAABREH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1MAHMOOD QADIR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1FORMER BOARD TREASURER (2010)
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/TotalBalanceDueAmt0145000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM IS EMAILED OUT TO THE GOVERNING BOARD AND REVIEW FEEDBACK IS SOUGHT BEFORE A SPECIFIED DATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03307963
IRS990/TotalAssetsEOYAmt03193719
IRS990/TotalAssetsGrp/BOYAmt03307963
IRS990/TotalAssetsGrp/EOYAmt03193719
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0308698
IRS990/TotalEmployeeCnt054
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt011724
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0409932
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01306189
IRS990/TotalFunctionalExpensesGrp/TotalAmt01727845
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0545151
IRS990/TotalLiabilitiesEOYAmt0447447
IRS990/TotalLiabilitiesGrp/BOYAmt0545151
IRS990/TotalLiabilitiesGrp/EOYAmt0447447
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02762812
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02746272
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01306189
IRS990/TotalProgramServiceRevenueAmt01395453
IRS990/TotalReportableCompFromOrgAmt097213
IRS990/TotalRevenueGrp/ExclusionAmt06561
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01395453
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01710712
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03307963
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03193719
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02762812
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02746272
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt016242 NORTHUP WAY
IRS990/USAddress/CityNm0BELLEVUE
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098008
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.MEDINAACADEMY.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HAZIM MACKY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04254978848
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEDINA ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0MEDI
ReturnHeader/Filer/EIN0912070446
ReturnHeader/Filer/PhoneNum04254978848
ReturnHeader/Filer/USAddress/AddressLine1Txt016242 NORTHUP WAY
ReturnHeader/Filer/USAddress/CityNm0BELLEVUE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098008

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.80$0.02$5.78$5.22$3.34$1.88
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.95$0.31$3.63$2.87$2.86$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$0.44$3.51$2.87$2.54$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.46$0.74$2.72$1.77$2.11$0.34
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$0.73$3.06$2.29$2.12$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$0.11$2.89$2.25$2.24$0.00
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.13$2.89$2.12$2.06$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.19$2.82$2.16$2.01$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.10$0.43$2.67$1.80$1.88$0.08
2015Detailed filing. Detailed filing data is available for this year.$3.19$0.45$2.75$1.71$1.73$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.31$0.55$2.76$1.71$1.51$0.19
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.28$0.67$2.61$1.60$1.38$0.22
2012Summary only. Only limited summary data is available for this year.$3.19$0.80$2.39$1.62$1.29$0.34
2011Summary only. Only limited summary data is available for this year.$2.69$0.64$2.05$1.42$1.03$0.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.09$1.66$0.82
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $1M-$5M nonprofits