Civic Intelligence

Pine Lake Preparatory Inc.

990 • Fiscal year 2015 • EIN 06-1796895

Jul 01, 2014 to Jun 30, 2015 • Filed on Dec 03, 2015

Organization Profilewww.pinelakeprep.org
PO Box 5185Mooresville, NC 28117

(704) 234-5310

Siviq Scores

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

Liabilities / Assets

84th percentile

0.81x

Higher debt load relative to assets than 84% of similar nonprofits.

2015 filings • NTEE B • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

79th percentile

1.63x

Higher debt load relative to revenue than 79% of similar nonprofits.

2015 filings • NTEE B • $25M-$50M nonprofits • Source year 2015

Net Margin

59th percentile

9.5%

Higher net margin than 59% of similar nonprofits.

2015 filings • NTEE B • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

21st percentile

$130,570

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2015 filings • NTEE B • $25M-$50M nonprofits • Source year 2015

Asset Growth

78th percentile

9.5%

Faster asset growth than 78% of similar nonprofits.

2015 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

64th percentile

10%

Faster revenue growth than 64% of similar nonprofits.

2015 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$28,272,001

Up $2,455,209 (+9.5%) from 2014

Net Assets

Down

$5,399,134

Down $1,111,334 (-17%) from 2014

Liabilities

Up

$22,872,867

Up $3,566,543 (+18%) from 2014

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin59th percentile

Revenue

Up

$14,001,623

Up $1,296,563 (+10%) from 2014

Expenses

Up

$12,671,401

Up $1,137,491 (+9.9%) from 2014

Net Income

Up

$1,330,222

Up $159,072 (+14%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$100M$50M$0-$50MAssets 2011: $22,227,124Liabilities 2011: $20,190,793Net Assets 2011: $2,036,3312011Assets 2012: $22,483,492Liabilities 2012: $19,074,657Net Assets 2012: $3,408,8352012Assets 2013: $24,808,127Liabilities 2013: $19,468,809Net Assets 2013: $5,339,3182013Assets 2014: $25,816,792Liabilities 2014: $19,306,324Net Assets 2014: $6,510,4682014Assets 2015: $28,272,001Liabilities 2015: $22,872,867Net Assets 2015: $5,399,1342015Assets 2016: $40,370,392Liabilities 2016: $36,677,308Net Assets 2016: $3,693,0842016Assets 2017: $42,546,508Liabilities 2017: $39,476,443Net Assets 2017: $3,070,0652017Assets 2018: $43,855,341Liabilities 2018: $63,826,076Net Assets 2018: -$19,970,7352018Assets 2019: $43,934,849Liabilities 2019: $63,384,842Net Assets 2019: -$19,449,9932019Assets 2020: $44,914,442Liabilities 2020: $64,773,123Net Assets 2020: -$19,858,6812020Assets 2021: $43,880,592Liabilities 2021: $63,720,069Net Assets 2021: -$19,839,4772021Assets 2022: $43,324,550Liabilities 2022: $60,174,354Net Assets 2022: -$16,849,8042022Assets 2023: $45,589,620Liabilities 2023: $60,705,653Net Assets 2023: -$15,116,0332023Assets 2024: $46,052,591Liabilities 2024: $60,769,675Net Assets 2024: -$14,717,0842024

Highlighted filing

2015

Assets$28,272,001
Liabilities$22,872,867
Net Assets$5,399,134
Open 2015 Filing

Operations Trend

Revenue Growth64th percentile

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

$30M$20M$10M$0-$10MRevenue 2011: $11,189,786Expenses 2011: $9,806,243Net Income 2011: $1,383,5432011Revenue 2012: $11,833,779Expenses 2012: $10,461,275Net Income 2012: $1,372,5042012Revenue 2013: $12,846,916Expenses 2013: $10,751,754Net Income 2013: $2,095,1622013Revenue 2014: $12,705,060Expenses 2014: $11,533,910Net Income 2014: $1,171,1502014Revenue 2015: $14,001,623Expenses 2015: $12,671,401Net Income 2015: $1,330,2222015Revenue 2016: $14,848,782Expenses 2016: $16,554,832Net Income 2016: -$1,706,0502016Revenue 2017: $16,057,906Expenses 2017: $16,680,925Net Income 2017: -$623,0192017Revenue 2018: $17,020,206Expenses 2018: $18,228,974Net Income 2018: -$1,208,7682018Revenue 2019: $17,966,146Expenses 2019: $17,445,404Net Income 2019: $520,7422019Revenue 2020: $17,860,192Expenses 2020: $18,268,880Net Income 2020: -$408,6882020Revenue 2021: $18,139,159Expenses 2021: $18,119,955Net Income 2021: $19,2042021Revenue 2022: $21,899,854Expenses 2022: $18,910,181Net Income 2022: $2,989,6732022Revenue 2023: $21,714,348Expenses 2023: $19,980,577Net Income 2023: $1,733,7712023Revenue 2024: $22,250,779Expenses 2024: $21,851,830Net Income 2024: $398,9492024

Highlighted filing

2015

Revenue$14,001,623
Expenses$12,671,401
Net Income$1,330,222
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Dec 3, 2015
Return Version
2014v5.0
Gross Receipts
$14,001,623
Mission and Program Overview

Mission

Operation of a public charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,289,021$24,936,993▲ $1,647,972
Cash and Non-Interest-Bearing Accounts$2,038,592$2,254,921▲ $216,329
Accounts Receivable$18,217$90,227▲ $72,010
Prepaid Expenses and Deferred Charges$25,259$13,002▼ $12,257
Total Assets$25,816,792$28,272,001▲ $2,455,209
Other Assets Total$445,703$976,858▲ $531,155
Liabilities
Tax Exempt Bond Liabilities$16,024,668$14,946,031▼ $1,078,637
Mortgage Notes Payable Secured by Investment Property$2,561,835$4,332,749▲ $1,770,914
Other Liabilities$661,011$3,512,472▲ $2,851,461
Accounts Payable and Accrued Expenses$58,810$81,615▲ $22,805
Total Liabilities$19,306,324$22,872,867▲ $3,566,543
Net Assets / Fund Balance
Unrestricted Net Assets$6,510,468$5,399,134▼ $1,111,334
Total Net Assets Fund Balance$6,510,468$5,399,134▼ $1,111,334
Total Liabilities and Net Assets / Fund Balance$25,816,792$28,272,001▲ $2,455,209

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$19,744,952$3,938,907$23,683,859
Equipment$1,826,968$2,052,726$3,879,694
Land$3,365,073-$3,365,073
Compensation and Service Providers
Top Officer Pay21st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Chris TerrillSuperintendentFT$130,570$130,570

Board Members and Trustees

NameTitle
John AllemeierChair
Tara BainVice Chair
Brian HochmanBoard Member
Kristi ThomasBoard Member
Kurt WoolleyBoard Member
Rick PaciousBoard Member
Scott BroermannBoard Member
Bill FarnsworthSecretary
Aaron PetroskyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
-Management and Accounting Services5029 Falls of Neuse Road, Raleigh, NC 27609-
GL Wilson Building CompanyBuilding Construction120 Market Place Avenue, Mooresville, NC 28117-
Revenue and Support

Revenue Composition

Contributions and Grants
$726,444
Program Service Revenue
$13,275,179
Investment Income
$0
Other Revenue
$0
All Other Contributions
$480,687
Change in Net Assets
$1,330,222

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,001,623
Total Revenue per Audited Statements
$14,001,623
Total Revenue per Form 990
$14,001,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,021,810
Other Expenses$4,649,591
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,905,040$232,342-$6,137,382
Depreciation Depletion$823,111$217,398-$1,040,509
Interest-$827,664-$827,664
Other Employee Benefits$616,996$7,618-$624,614
Pension Plan Contributions$585,174$18,345-$603,519
Payroll Taxes$505,681$20,044-$525,725
Other Expenses$277,492$225,798-$225,798
Occupancy$135,371$45,123-$180,494
Current Officers, Directors, Trustees, and Key Employees$130,570--$130,570
Insurance-$64,471-$64,471
Conferences and Meetings$54,668$589-$55,257
Fees for Services Legal-$29,289-$29,289
Advertising-$10,518-$10,518
Fees for Services Accounting-$9,050-$9,050
Total Functional Expenses$10,626,285$2,045,116$0$12,671,401

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,671,401
Total Expenses per Audited Statements$12,671,401
Total Expenses per Form 990$12,671,401
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Derivative instrument - Interest Rate Swap$2,174,822
Deferred inflows of resources$602,153
Federal income taxes$370,026
Compensated Absences$365,471
Net Pension Liability-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

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

“Board treasurer reviews 990 and reports to the board of directors prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Each board member is required to execute a conflict of interest statements and confidentiality agreement annually. Any potential conflict of interest is reviewed and resolved by the board of directors.”

Form 990, Part VI, Section B, Line 15A

“Compensation for top officials is approved by the board of directors and is based on review of area comparability data and the experience and expertise of the individuals.”

Form 990, Part VI, Section B, Line 15B

“Compensation for key employees is approved by the board of directors and is based on review of area comparability data and the experience and expertise of the individuals.”

Form 990, Part VI, Section C, Line 19

“Governing documents, school policies and financial statements are available for viewing by the public at the Schools office upon requests.”

Filing and Contact Details

Filer

Filer Name
Pine Lake Preparatory
EIN
06-1796895
Phone
7042345310
Address
PO Box 5185, Mooresville, NC 28117

Signing Officer

Name
Ginger Lusty
Title
Finance Officer
Signed
2015-12-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Adams
Formed
2006
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
233
Volunteers
500

Preparer

Firm
Rebekah Barr CPA PC
Address
5422 Boswellville Road, Wilson, NC 27893
Preparer
Rebekah Barr
Phone
2522306294
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IRS990/NetAssetsOrFundBalancesEOYAmt05399134
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt045123
IRS990/OccupancyGrp/ProgramServicesAmt0135371
IRS990/OccupancyGrp/TotalAmt0180494
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0445703
IRS990/OtherAssetsTotalGrp/EOYAmt0976858
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07618
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0616996
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0624614
IRS990/OtherExpensesGrp/Desc0Supplies and Textbooks
IRS990/OtherExpensesGrp/Desc1Food and After School
IRS990/OtherExpensesGrp/Desc2Contracted Student Services
IRS990/OtherExpensesGrp/Desc3Repairs/Maint - Building and Buses
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt093183
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1243684
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2225798
IRS990/OtherExpensesGrp/ProgramServicesAmt01271690
IRS990/OtherExpensesGrp/ProgramServicesAmt1320492
IRS990/OtherExpensesGrp/ProgramServicesAmt2277492
IRS990/OtherExpensesGrp/TotalAmt01364873
IRS990/OtherExpensesGrp/TotalAmt1320492
IRS990/OtherExpensesGrp/TotalAmt2521176
IRS990/OtherExpensesGrp/TotalAmt3225798
IRS990/OtherLiabilitiesGrp/BOYAmt0661011
IRS990/OtherLiabilitiesGrp/EOYAmt03512472
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0232342
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05905040
IRS990/OtherSalariesAndWagesGrp/TotalAmt06137382
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020044
IRS990/PayrollTaxesGrp/ProgramServicesAmt0505681
IRS990/PayrollTaxesGrp/TotalAmt0525725
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt018345
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0585174
IRS990/PensionPlanContributionsGrp/TotalAmt0603519
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025259
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013002
IRS990/PrincipalOfficerNm0Michelle Adams
IRS990/PriorPeriodAdjustmentsAmt0-2441556
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0State Funding
IRS990/ProgramServiceRevenueGrp/Desc1Local Education Agencies
IRS990/ProgramServiceRevenueGrp/Desc2Program Activities
IRS990/ProgramServiceRevenueGrp/Desc3Lunch Sales
IRS990/ProgramServiceRevenueGrp/Desc4Before/After School
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08541796
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13376518
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21007640
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3140811
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4208414
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0271519
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03832662
IRS990/PYProgramServiceRevenueAmt012433541
IRS990/PYRevenuesLessExpensesAmt01171150
IRS990/PYSalariesCompEmpBnftPaidAmt07701248
IRS990/PYTotalExpensesAmt011533910
IRS990/PYTotalRevenueAmt012705060
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01330222
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
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/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt019744952
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03938907
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt023683859
IRS990ScheduleD/EquipmentGrp/BookValueAmt01826968
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02052726
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03879694
IRS990ScheduleD/ExpensesSubtotalAmt012671401
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt03365073
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03365073
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0370026
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1365471
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22174822
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3602153
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Compensated Absences
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Derivative instrument - Interest Rate Swap
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Deferred inflows of resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Net Pension Liability
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt014001623
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024936993
IRS990ScheduleD/TotalExpensesPerForm990Amt012671401
IRS990ScheduleD/TotalLiabilityAmt03512472
IRS990ScheduleD/TotalRevenuePerForm990Amt014001623
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014001623
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012671401
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0North Carolina charter schools are funded by the State and Local Governments. The School also received various federal grants.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc06a
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board treasurer reviews 990 and reports to the board of directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each board member is required to execute a conflict of interest statements and confidentiality agreement annually. Any potential conflict of interest is reviewed and resolved by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation for top officials is approved by the board of directors and is based on review of area comparability data and the experience and expertise of the individuals.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation for key employees is approved by the board of directors and is based on review of area comparability data and the experience and expertise of the individuals.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, school policies and financial statements are available for viewing by the public at the Schools office upon requests.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Kaleidoscope Foundation Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0260586046
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501c
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Support
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt011c
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO Box 378
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Mount Mourne
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd028123
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt016024668
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt014946031

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,272,001
Liabilities
$22,872,867
Net assets
$5,399,134
Revenue
$14,001,623
Expenses
$12,671,401
Net income
$1,330,222
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.1$60.8$14.7$22.3$21.9$0.40
2023Detailed filing. Detailed filing data is available for this year.$45.6$60.7$15.1$21.7$20.0$1.73
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.3$60.2$16.8$21.9$18.9$2.99
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.9$63.7$19.8$18.1$18.1$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.9$64.8$19.9$17.9$18.3$0.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.9$63.4$19.4$18.0$17.4$0.52
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.9$63.8$20.0$17.0$18.2$1.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.5$39.5$3.07$16.1$16.7$0.62
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.4$36.7$3.69$14.8$16.6$1.71
2015Detailed filing. Detailed filing data is available for this year.$28.3$22.9$5.40$14.0$12.7$1.33
2014Detailed filing. Detailed filing data is available for this year.$25.8$19.3$6.51$12.7$11.5$1.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.8$19.5$5.34$12.8$10.8$2.10
2012Summary only. Only limited summary data is available for this year.$22.5$19.1$3.41$11.8$10.5$1.37
2011Summary only. Only limited summary data is available for this year.$22.2$20.2$2.04$11.2$9.81$1.38
Peer Organizations

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