Civic Intelligence

Kor Education School

990 • Fiscal year 2016 • EIN 20-1183373

Aug 01, 2015 to Jul 31, 2016 • Filed on Dec 12, 2016

PO Box 11740College Station, TX 77845

(979) 764-4054

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

82nd percentile

24%

Higher net margin than 82% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

41st percentile

$36,750

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

78th percentile

15%

Faster asset growth than 78% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

67th percentile

11%

Faster revenue growth than 67% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,492,511

Up $191,223 (+15%) from 2015

Net Assets

Up

$1,492,510

Up $191,269 (+15%) from 2015

Liabilities

Down

$1

Down $46 (-98%) from 2015

Revenue

Up

$810,614

Up $79,745 (+11%) from 2015

Expenses

Up

$619,345

Up $38,702 (+6.7%) from 2015

Net Income

Up

$191,269

Up $41,043 (+27%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $560,546Liabilities 2011: $441Net Assets 2011: $560,1052011Assets 2012: $727,488Liabilities 2012: $798Net Assets 2012: $726,6902012Assets 2013: $963,221Liabilities 2013: $2,082Net Assets 2013: $961,1392013Assets 2014: $1,151,015Liabilities 2014: $0Net Assets 2014: $1,151,0152014Assets 2015: $1,301,288Liabilities 2015: $47Net Assets 2015: $1,301,2412015Assets 2016: $1,492,511Liabilities 2016: $1Net Assets 2016: $1,492,5102016Assets 2017: $1,688,985Liabilities 2017: $0Net Assets 2017: $1,688,9852017Assets 2018: $1,867,070Liabilities 2018: $195Net Assets 2018: $1,866,8752018Assets 2019: $2,078,431Liabilities 2019: $62Net Assets 2019: $2,078,3692019Assets 2020: $2,330,485Liabilities 2020: $130,637Net Assets 2020: $2,199,8482020Assets 2021: $2,297,357Liabilities 2021: $8,550Net Assets 2021: $2,288,8072021Assets 2022: $2,489,365Liabilities 2022: $122,307Net Assets 2022: $2,367,0582022Assets 2023: $2,668,341Liabilities 2023: $62Net Assets 2023: $2,668,2792023Assets 2024: $2,927,161Liabilities 2024: $6,287Net Assets 2024: $2,920,8742024Assets 2025: $3,312,839Liabilities 2025: $4Net Assets 2025: $3,312,8352025

Highlighted filing

2016

Assets$1,492,511
Liabilities$1
Net Assets$1,492,510

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Revenue 2011: $508,055Expenses 2011: $322,563Net Income 2011: $185,4922011Revenue 2012: $576,059Expenses 2012: $409,474Net Income 2012: $166,5852012Revenue 2013: $710,604Expenses 2013: $482,624Net Income 2013: $227,9802013Revenue 2014: $713,355Expenses 2014: $523,479Net Income 2014: $189,8762014Revenue 2015: $730,869Expenses 2015: $580,643Net Income 2015: $150,2262015Revenue 2016: $810,614Expenses 2016: $619,345Net Income 2016: $191,2692016Revenue 2017: $898,919Expenses 2017: $702,444Net Income 2017: $196,4752017Revenue 2018: $907,954Expenses 2018: $730,064Net Income 2018: $177,8902018Revenue 2019: $994,419Expenses 2019: $782,925Net Income 2019: $211,4942019Revenue 2020: $945,451Expenses 2020: $823,972Net Income 2020: $121,4792020Revenue 2021: $895,104Expenses 2021: $806,145Net Income 2021: $88,9592021Revenue 2022: $945,711Expenses 2022: $876,581Net Income 2022: $69,1302022Revenue 2023: $1,279,292Expenses 2023: $976,538Net Income 2023: $302,7542023Revenue 2024: $1,503,904Expenses 2024: $1,095,789Net Income 2024: $408,1152024Revenue 2025: $1,529,574Expenses 2025: $1,214,157Net Income 2025: $315,4172025

Highlighted filing

2016

Revenue$810,614
Expenses$619,345
Net Income$191,269
Jump To
Filing Snapshot
Filing Period
Aug 1, 2015 to Jul 31, 2016
Signed
Dec 12, 2016
Return Version
2015v2.0
Gross Receipts
$818,878
Mission and Program Overview

Mission

To develop the academic, physical, and social potential of the students in kindergarten through twelfth grades and to assist parents in helping to educate their children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$636,347$813,029▲ $176,682
Cash and Non-Interest-Bearing Accounts$644,207$636,069▼ $8,138
Accounts Receivable$20,734$42,845▲ $22,111
Prepaid Expenses and Deferred Charges-$568-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,301,288$1,492,511▲ $191,223
Other Assets Total-$0-
Liabilities
Other Liabilities$47$1▼ $46
Total Liabilities$47$1▼ $46
Net Assets / Fund Balance
Unrestricted Net Assets$1,301,241$1,492,510▲ $191,269
Total Net Assets Fund Balance$1,301,241$1,492,510▲ $191,269
Total Liabilities and Net Assets / Fund Balance$1,301,288$1,492,511▲ $191,223

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$751,173$82,472$833,645
Equipment$21,231$15,764$36,995
Land$27,607-$27,607
Leasehold Improvements$12,892$1,108$14,000
Other Land Buildings$126$623$749
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gena RichterDirectorFT$36,750$36,750

Board Members and Trustees

NameTitle
Steve DuncanPresident
Dean EndlerDirector
Emily BurrowDirector
Matt ChalmersDirector
Matthias RichterDirector
Pat CoyleSecretary
Bryan HannaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,436
Program Service Revenue
$791,640
Investment Income
$1,787
Other Revenue
$6,751
All Other Contributions
$10,436
Change in Net Assets
$191,269
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$497,757
Other Expenses$121,588
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$424,179--$424,179
Payroll Taxes$36,828--$36,828
Current Officers, Directors, Trustees, and Key Employees$36,750--$36,750
Depreciation Depletion$20,789--$20,789
All Other Expenses$16,777--$16,777
Office Expenses$10,877--$10,877
Insurance$10,466--$10,466
Occupancy$8,800--$8,800
Other Expenses$7,497--$7,497
Fees for Services Accounting$6,995--$6,995
Travel$825--$825
Advertising$431--$431
Total Functional Expenses$619,345$0$0$619,345
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,015
Fundraising Direct Expenses$8,264
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraiser$15,015$15,015$8,264$6,751
Total Events$15,015$15,015$8,264$6,751
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
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 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, Line 11B: Form 990 Review Process

Return is available for review by board members if they choose to do so.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All governing documents, conflict of interest policy, and financial statements are available for review upon request.

Filing and Contact Details

Filer

Filer Name
Kor Education School
EIN
20-1183373
Phone
9797644054
Address
PO BOX 11740, COLLEGE STATION, TX 77845

Signing Officer

Name
Gena Richter
Title
Director
Signed
2016-12-12
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
60
Volunteers
5

Preparer

Firm
Kay Perrone & Associates PC
Address
1716 Briarcrest Dr Suite 203, Bryan, TX 77802-2700
Preparer
Kay Perrone
Phone
9792686000
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IRS990/ProgramServiceRevenueGrp/Desc0TUITION INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0791640
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0791640
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02200
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01741
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0119095
IRS990/PYOtherRevenueAmt07592
IRS990/PYProgramServiceRevenueAmt0719336
IRS990/PYRevenuesLessExpensesAmt0150226
IRS990/PYSalariesCompEmpBnftPaidAmt0461548
IRS990/PYTotalExpensesAmt0580643
IRS990/PYTotalRevenueAmt0730869
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0191269
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0810614
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0751173
IRS990ScheduleD/BuildingsGrp/DepreciationAmt082472
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0833645
IRS990ScheduleD/EquipmentGrp/BookValueAmt021231
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015764
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt036995
IRS990ScheduleD/LandGrp/BookValueAmt027607
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt027607
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt012892
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01108
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt014000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0126
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0623
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0749
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0813029
IRS990ScheduleD/TotalLiabilityAmt01
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/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0AT LEAST ANNUALLY, THE SCHOOL POSTS NEWSPAPER ADVERTISING WHICH VERIFIES THAT THE SCHOOL DOES NOT DISCRIMINATE BASED ON RACE, RELIGION, OR ANY OTHER CRITERIA.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1INFORMATION REGARDING RACIAL ETHNICITY WAS NOT REQUESTED ON ENROLLMENT APPLICATION. RACE IS NOT A FACTOR THAT IS CONSIDERED FOR STUDENT ACCEPTANCE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08264
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015015
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015015
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015015
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015015
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06751
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08264
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08264
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RETURN IS AVAILABLE FOR REVIEW BY BOARD MEMBERS IF THEY CHOOSE TO DO SO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01301288
IRS990/TotalAssetsEOYAmt01492511
IRS990/TotalAssetsGrp/BOYAmt01301288
IRS990/TotalAssetsGrp/EOYAmt01492511
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt010436
IRS990/TotalEmployeeCnt060
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0619345
IRS990/TotalFunctionalExpensesGrp/TotalAmt0619345
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt047
IRS990/TotalLiabilitiesEOYAmt01
IRS990/TotalLiabilitiesGrp/BOYAmt047
IRS990/TotalLiabilitiesGrp/EOYAmt01
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01301241
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01492510
IRS990/TotalProgramServiceExpensesAmt0619345
IRS990/TotalProgramServiceRevenueAmt0791640
IRS990/TotalReportableCompFromOrgAmt036750
IRS990/TotalRevenueGrp/ExclusionAmt08538
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0791640
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0810614
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01301288
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01492511
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt0825
IRS990/TravelGrp/TotalAmt0825
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.31$0.00$3.31$1.53$1.21$0.32
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.93$0.01$2.92$1.50$1.10$0.41
2023Summary only. Only limited summary data is available for this year.$2.67$0.00$2.67$1.28$0.98$0.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$0.12$2.37$0.95$0.88$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$0.01$2.29$0.90$0.81$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$0.13$2.20$0.95$0.82$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$0.00$2.08$0.99$0.78$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.00$1.87$0.91$0.73$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.00$1.69$0.90$0.70$0.20
2016Detailed filing. Detailed filing data is available for this year.$1.49$0.00$1.49$0.81$0.62$0.19
2015Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.73$0.58$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$0.71$0.52$0.19
2013Summary only. Only limited summary data is available for this year.$0.96$0.00$0.96$0.71$0.48$0.23
2012Summary only. Only limited summary data is available for this year.$0.73$0.00$0.73$0.58$0.41$0.17
2011Summary only. Only limited summary data is available for this year.$0.56$0.00$0.56$0.51$0.32$0.19