Civic Intelligence

Sequatchie Valley Preparatory Academy

990 • Fiscal year 2016 • EIN 13-4214040

Aug 01, 2015 to Jul 31, 2016 • Filed on Jan 04, 2017

1050 Ray Hixson RdDunlap, TN 37327

(423) 554-3856

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

82nd percentile

26%

Higher net margin than 82% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

21st percentile

-19%

Faster asset growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

32nd percentile

-11%

Faster revenue growth than 32% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$154,780

Down $35,544 (-19%) from 2015

Net Assets

Down

$154,780

Down $35,544 (-19%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$195,921

Down $25,318 (-11%) from 2015

Expenses

Up

$144,146

Up $21,397 (+17%) from 2015

Net Income

Down

$51,775

Down $46,715 (-47%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $86,726Liabilities 2014: $9,4212014Assets 2015: $190,324Liabilities 2015: $0Net Assets 2015: $190,3242015Assets 2016: $154,780Liabilities 2016: $0Net Assets 2016: $154,7802016Assets 2017: $267,627Liabilities 2017: $14,912Net Assets 2017: $252,7152017Assets 2018: $453,441Liabilities 2018: $0Net Assets 2018: $453,4412018Assets 2019: $280,727Liabilities 2019: $2,179Net Assets 2019: $278,5482019Assets 2020: $199,742Liabilities 2020: $7,579Net Assets 2020: $192,1632020Assets 2021: $174,071Liabilities 2021: $4,148Net Assets 2021: $169,9232021Assets 2022: $167,885Liabilities 2022: $23,470Net Assets 2022: $144,4152022Assets 2023: $189,408Liabilities 2023: $55,129Net Assets 2023: $134,2792023Assets 2024: $223,888Liabilities 2024: $69,592Net Assets 2024: $154,2962024

Highlighted filing

2016

Assets$154,780
Liabilities$0
Net Assets$154,780

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $130,584Expenses 2014: $124,500Net Income 2014: $6,0842014Revenue 2015: $221,239Expenses 2015: $122,749Net Income 2015: $98,4902015Revenue 2016: $195,921Expenses 2016: $144,146Net Income 2016: $51,7752016Revenue 2017: $155,730Expenses 2017: $117,170Net Income 2017: $38,5602017Revenue 2018: $241,714Expenses 2018: $170,958Net Income 2018: $70,7562018Revenue 2019: $242,565Expenses 2019: $202,043Net Income 2019: $40,5222019Revenue 2020: $136,733Expenses 2020: $174,204Net Income 2020: -$37,4712020Revenue 2021: $102,006Expenses 2021: $124,246Net Income 2021: -$22,2402021Revenue 2022: $189,774Expenses 2022: $133,786Net Income 2022: $55,9882022Revenue 2023: $121,962Expenses 2023: $129,634Net Income 2023: -$7,6722023Revenue 2024: $136,351Expenses 2024: $116,334Net Income 2024: $20,0172024

Highlighted filing

2016

Revenue$195,921
Expenses$144,146
Net Income$51,775
Jump To
Filing Snapshot
Filing Period
Aug 1, 2015 to Jul 31, 2016
Signed
Jan 4, 2017
Return Version
2015v3.0
Gross Receipts
$195,921
Mission and Program Overview

Mission

To provide a unique educaiton, with equine emphasis, for the purpose of developing a well-rounded student.

To provide quality education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$154,119$154,780▲ $661
Land, Buildings, and Equipment, Net$21,880$144,626▲ $122,746
Pd in Cap Srpls Land Bldg Eqp Fund$21,880--
Cash and Non-Interest-Bearing Accounts$34,165$12,904▼ $21,261
Accounts Receivable$-3,250$-2,750▲ $500
Total Assets$175,999$154,780▼ $21,219
Other Assets Total$123,204--
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$175,999$154,780▼ $21,219
Total Liabilities and Net Assets / Fund Balance$175,999$154,780▼ $21,219

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$91,798-$91,798
Equipment$52,828-$52,828
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert C YoungPresident
David HartmanBd of Directors
Jeff DockmanBd of Directors
Jeffery DennisBd Of Directors
Kimberly PetersBd of Directors
Roberta EllisBd of Directors
Tammy YoungDirector
Jean Ann ChaseSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$24,230
Program Service Revenue
$167,992
Investment Income
$0
Other Revenue
$3,699
All Other Contributions
$24,230
Change in Net Assets
$51,775
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$144,146
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$137,420$0$0$137,420
Advertising$2,853$0$0$2,853
Office Expenses$2,698$0$0$2,698
Interest$663$0$0$663
Insurance$512$0$0$512
Total Functional Expenses$144,146$0$0$144,146
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Sequatchie Valley Preparatory Academy
EIN
13-4214040
Phone
4235543856
Address
1050 Ray Hixson Rd, Dunlap, TN 37327

Signing Officer

Name
Tammy Young Director
Title
Director
Phone
4235543856
Signed
2017-01-04

Organization Details

Principal Officer
Tammy Young
Formed
2008
Legal Domicile
Tn
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Mathely Bookkeeping & Tax
Address
8529 Ricardo Lane, Hixson, TN 37343
Preparer
Mary Lou Mathely
Phone
4236185665
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Process used to review this Form 990 is conference calls to vote and decide matters concerning this organization.

Pt VI, Line 11B

Also copy of Form 990 is available to members of the Board of Directors and is also available for public inspection.

Form 990, Part IX, Line 24E

Animal Husbandry Prog. 28538. 28538. 0. 0.

Form 990, Part IX, Line 24E

Automobile Exp 5954. 5954. 0. 0.

Form 990, Part IX, Line 24E

Bank Exp 78. 78. 0. 0.

Form 990, Part IX, Line 24E

Contract Labor 7250. 7250. 0. 0.

Form 990, Part IX, Line 24E

Cowboy Church Exp 2041. 2041. 0. 0.

Form 990, Part IX, Line 24E

General Donation Exp 3253. 3253. 0. 0.

Form 990, Part IX, Line 24E

Educational Exp 17235. 17235. 0. 0.

Form 990, Part IX, Line 24E

Food Exp 12049. 12049. 0. 0.

Form 990, Part IX, Line 24E

Fuel Exp (auto,truck,equip) 6544. 6544. 0. 0.

Form 990, Part IX, Line 24E

Gift Exp 275. 275. 0. 0.

Form 990, Part IX, Line 24E

Graduation Exp 188. 188. 0. 0.

Form 990, Part IX, Line 24E

Housekeeping Exp 315. 315. 0. 0.

Form 990, Part IX, Line 24E

Land Lease Exp 3000. 3000. 0. 0.

Form 990, Part IX, Line 24E

Landscaping Exp 1154. 1154. 0. 0.

Form 990, Part IX, Line 24E

License & Permits Exp 104. 104. 0. 0.

Form 990, Part IX, Line 24E

Meetings Exp 139. 139. 0. 0.

Form 990, Part IX, Line 24E

Membership Exp 1027. 1027. 0. 0.

Form 990, Part IX, Line 24E

Mission Exp 24640. 24640. 0. 0.

Form 990, Part IX, Line 24E

Building, Equip Repairs 6844. 6844. 0. 0.

Form 990, Part IX, Line 24E

Student Exp 2533. 2533. 0. 0.

Form 990, Part IX, Line 24E

Supplies 3550. 3550. 0. 0.

Form 990, Part IX, Line 24E

Sales Tax Exp 304. 304. 0. 0.

Form 990, Part IX, Line 24E

Tele, Cell Phone Exp 2461. 2461. 0. 0.

Form 990, Part IX, Line 24E

Uniform Exp 676. 676. 0. 0.

Form 990, Part IX, Line 24E

Utilities Exp 5949. 5949. 0. 0.

Form 990, Part IX, Line 24E

Wellness Prog. Exp 1319. 1319. 0. 0.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgramServiceRevenueGrp/BusinessCd0110000
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
IRS990/ProgramServiceRevenueGrp/ExclusionAmt083996
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0167992
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt051775
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0113459
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0154119
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0154780
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt091798
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt091798
IRS990ScheduleD/EquipmentGrp/BookValueAmt052828
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt052828
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0144626
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Process used to review this Form 990 is conference calls to vote and decide matters concerning this organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Also copy of Form 990 is available to members of the Board of Directors and is also available for public inspection.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Animal Husbandry Prog. 28538. 28538. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Automobile Exp 5954. 5954. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Exp 78. 78. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Contract Labor 7250. 7250. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Cowboy Church Exp 2041. 2041. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7General Donation Exp 3253. 3253. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Educational Exp 17235. 17235. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Food Exp 12049. 12049. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Fuel Exp (auto,truck,equip) 6544. 6544. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Gift Exp 275. 275. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Graduation Exp 188. 188. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Housekeeping Exp 315. 315. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Land Lease Exp 3000. 3000. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Landscaping Exp 1154. 1154. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16License & Permits Exp 104. 104. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Meetings Exp 139. 139. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Membership Exp 1027. 1027. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Mission Exp 24640. 24640. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Building, Equip Repairs 6844. 6844. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Student Exp 2533. 2533. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22Supplies 3550. 3550. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23Sales Tax Exp 304. 304. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24Tele, Cell Phone Exp 2461. 2461. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25Uniform Exp 676. 676. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26Utilities Exp 5949. 5949. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27Wellness Prog. Exp 1319. 1319. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc27Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false

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