philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Potentia Academy INC FY2023 filing

Tax-deductible

Greenacres, FL501(c)(3)Since 2009EducationEIN 27-0191621Revenue $650K in FY2023

On file with the IRSpotentiaacademy.org4874 Melaleuca Lane, 33463-0000 · Greenacres, FLTax-exempt since Apr 2010School — 170(b)(1)(A)(ii)

This page gets seen. Tell your story. Claim this org.

To empower middle and high school students with unique learning challenges and abilities to reach their full learning potential and to acquire the living, social and job skills necessary to transition to independent living.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$130K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $7K a year · 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$130K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $52K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$73K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$650K
+2% vs prior year
Spent
$822K
To programs
79%
Net assets
$683K
By yearFY2020–FY2024
Revenue
$650K
FY2023▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$554K
FY2021$577K
FY2022$639K
FY2023$650K
FY2024$684K
FY2024$717K
Expenses
$822K
FY2023▲ +46%
Tap a bar for its year
Expenses by fiscal year
FY2020$443K
FY2021$501K
FY2022$563K
FY2023$822K
FY2024$738K
FY2024$788K
Net assets
$683K
FY2023▼ -20%
Tap a bar for its year
Net assets by fiscal year
FY2020$692K
FY2021$793K
FY2022$854K
FY2023$683K
FY2024$659K
FY2024$587K

From the FY2023 Form 990 (year ending June 2023) · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $651K Management & general 17% · $143K Fundraising 3% · $28K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

8 people listed on the 990; $130K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Dr J Duane Meeks
Director; Ceo; and President
$130,000Pt VII · Sec A
Patrick J Rooney JR
Director; Chairman; Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Horace W Sawyer
Director; VP
$0Pt VII · Sec A
$0Pt VII · Sec A
Martin a Dytrych
Director; Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Dr J Duane Meeks’s $120K as CEO is at the 90th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023
Dr J Duane Meeks$119,923$125,855$130,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Potentia Academy INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates neurodivergent students in grades 5-12 with learning disabilities.

Questions for Potentia Academy INC

Tap to ask. Potentia Academy INC sees how many people are interested.

Your first name shows with your question. Potentia Academy INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $651K · in their own filed words · FY2022
01

Provide instruction to neurodivergent, unique learners in grades 4 through 12, most of whom enter our program 2 to 3 years below grade level and all of whom have experienced bullying in the past.

$651Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Extraordinary Charities INCFY2024$38K
Rooneys Golf Foundation INCFY2024$9K
Christian Olsen Private FoundationFY2024$5K
Total grants receivedfrom 3 funders$52K
See all 3 funders →

By the numbers

The FY2023 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$650K
Ln 12
Fees for servicesLn 2g$559K
Gifts and grantsLn 1h$68K
Other incomeLn 4–11$22K
Money outPt IX
$822K
Ln 25
Programscol B$651K
Managementcol C$143K
Fundraisingcol D$28K
Owns and owesPt X
$683K
net assets · Ln 32
Cash and savingsLn 1–2$207K
Total assetsLn 16$756K
LiabilitiesLn 26$73K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$68K
Fees for servicesLn 2g$559K
Other incomeLn 4–11$22K
Total revenueLn 12$650K
Assets in detailPt X, end of year
CashLn 1$207K
Cash and savings togetherLn 1–2$207K
Land, buildings, equipmentLn 10c$518K
Other assetsLn 15$140
Total assetsLn 16$756K
LiabilitiesLn 26$73K
Net assetsLn 32$683K
OperationsPt I, VI
EmployeesI 57
VolunteersI 625
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$372K$207K
Land, buildings, equipmentLn 10c$460K$518K
Total assetsLn 16$869K$756K
LiabilitiesLn 26$15K$73K
Net assetsLn 32$854K$683K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$18K$18K
Pay of current officers, directors and key staffLn 5$211K$109K$81K$21K
Other salaries and wagesLn 7$202K$182K$20K$0
Other employee benefitsLn 9$75K$75K$0$0
Payroll taxesLn 10$31K$22K$8K$2K
Management feesLn 11a$31K$22K$6K$3K
Accounting feesLn 11c$13K$9K$3K$1K
Advertising and promotionLn 12$66K$66K$0$0
Office expensesLn 13$12K$10K$2K$0
Information technologyLn 14$2K$2K$428$0
OccupancyLn 16$103K$83K$21K$0
Conferences, conventions and meetingsLn 19$7K$6K$676$0
Depreciation, depletion and amortizationLn 22$44K$44K$0$0
InsuranceLn 23$4K$1K$1K$1K
Other expenses (24a–d)Ln 24$3K$3K$61$0
Total functional expensesLn 25$822K$651K$143K$28K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $684K$738K−$54K$659K 990 PDF
FY2023 Viewing $650K$822K−$172K$683K 990 PDF
FY2022 $639K$563K$76K$854K 990 PDF
FY2021 $577K$501K$76K$793K 990 PDF
FY2020 $554K$443K$111K$692K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $649,759 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $111,209$68,146
I-9 Program service revenuePrior year $526,306$559,392
I-10 Investment income$0
I-11 Other revenuePrior year $1,839$22,221
I-12 Total revenuePrior year $639,354$649,759
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to membersPrior year $16,073$18,150
I-15 Salaries and benefitsPrior year $389,937$519,054
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $157,044$284,916
I-18 Total expensesPrior year $563,054$822,120
I-19 Revenue less expensesPrior year $76,300−$172,361
Part VI · Governance 7 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $649,759 across 6 lines filed
Lines not itemized here account for $2,895 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$68,146
VIII-1h Total contributions, gifts and grants$68,146
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$556,497
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $926$926
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $21,295 · Unrelated business $0 · Excluded from tax $0$21,295
VIII-12 Total revenueRelated to mission $580,687 · Unrelated business $0 · Excluded from tax $926$649,759
Part IX · Statement of functional expenses $822,120 across 15 lines filed
IX-4 Benefits paid to or for membersPrograms $18,150$18,150
IX-5 Pay of current officers, directors and key staffPrograms $108,840 · Management $81,240 · Fundraising $21,120$211,200
IX-7 Other salaries and wagesPrograms $181,727 · Management $20,192 · Fundraising $0$201,919
IX-9 Other employee benefitsPrograms $74,543 · Management $0 · Fundraising $0$74,543
IX-10 Payroll taxesPrograms $22,016 · Management $7,760 · Fundraising $1,616$31,392
IX-11a Management feesPrograms $22,309 · Management $5,577 · Fundraising $2,864$30,750
IX-11c Accounting feesPrograms $9,077 · Management $2,593 · Fundraising $1,297$12,967
IX-12 Advertising and promotionPrograms $65,802 · Management $0 · Fundraising $0$65,802
IX-13 Office expensesPrograms $9,510 · Management $2,377 · Fundraising $0$11,887
IX-14 Information technologyPrograms $1,710 · Management $428 · Fundraising $0$2,138
IX-16 OccupancyPrograms $82,619 · Management $20,655 · Fundraising $0$103,274
IX-19 Conferences, conventions and meetingsPrograms $6,084 · Management $676 · Fundraising $0$6,760
IX-22 Depreciation, depletion and amortizationPrograms $44,020 · Management $0 · Fundraising $0$44,020
IX-23 InsurancePrograms $1,378 · Management $1,378 · Fundraising $1,378$4,134
IX-24 Other expenses (24a–d)Programs $3,123 · Management $61 · Fundraising $0$3,184
IX-25 Total functional expensesPrograms $650,908 · Management $142,937 · Fundraising $28,275$822,120
Part X · Balance sheet $756,408 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $371,542$207,369
X-4 Accounts receivableStart of year $33,934$27,396
X-9 Prepaid expenses and deferred chargesStart of year $3,175$3,175
X-10c Land, buildings and equipment, netStart of year $460,345$518,328
X-15 Other assetsStart of year $140$140
X-16 Total assetsStart of year $869,136$756,408
X-17 Accounts payable and accrued expensesStart of year $14,520$30,532
X-19 Deferred revenue$5,800
X-25 Other liabilitiesStart of year $464$36,796
X-26 Total liabilitiesStart of year $14,984$73,128
X-32 Total net assets or fund balancesStart of year $854,152$683,280
X-33 Total liabilities and net assetsStart of year $869,136$756,408
Part XI · Reconciliation of net assets $683,280 net assets at year end
XI-1 Total revenue$649,759
XI-2 Total expenses$822,120
XI-3 Revenue less expenses−$172,361
XI-4 Net assets at start of year$854,152
XI-10 Net assets at end of year$683,280

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.