Civic Intelligence

Kore Academy Inc.

990 • Fiscal year 2018 • EIN 20-1530223

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 22, 2019

Organization ProfileWWW.KOREACADEMY.ORG
2228 Lovell CourtLexington, KY 40513

(859) 224-8101

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

50th percentile

3.2%

Higher net margin than 50% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

89th percentile

$39,702

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

59th percentile

6.9%

Faster asset growth than 59% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

39th percentile

-6.2%

Faster revenue growth than 39% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$220,652

Up $14,160 (+6.9%) from 2017

Net Assets

Up

$220,652

Up $14,160 (+6.9%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin50th percentile

Revenue

Down

$445,467

Down $29,346 (-6.2%) from 2017

Expenses

Down

$431,307

Down $18,771 (-4.2%) from 2017

Net Income

Down

$14,160

Down $10,575 (-43%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$300K$200K$100K$0Assets 2011: $51,211Liabilities 2011: $3,027Net Assets 2011: $48,1842011Assets 2012: $117,248Liabilities 2012: $3,574Net Assets 2012: $113,6742012Assets 2013: $140,595Liabilities 2013: $5,216Net Assets 2013: $135,3792013Assets 2014: $134,489Liabilities 2014: $257Net Assets 2014: $134,2322014Assets 2015: $139,160Liabilities 2015: $0Net Assets 2015: $139,1602015Assets 2016: $181,757Liabilities 2016: $0Net Assets 2016: $181,7572016Assets 2017: $206,492Liabilities 2017: $0Net Assets 2017: $206,4922017Assets 2018: $220,652Liabilities 2018: $0Net Assets 2018: $220,6522018Assets 2019: $210,851Liabilities 2019: $0Net Assets 2019: $210,8512019Assets 2020: $256,322Liabilities 2020: $80,900Net Assets 2020: $175,4222020Assets 2021: $260,593Liabilities 2021: $0Net Assets 2021: $260,5932021Assets 2022: $235,383Liabilities 2022: $0Net Assets 2022: $235,3832022Assets 2023: $155,212Liabilities 2023: $0Net Assets 2023: $155,2122023Assets 2024: $105,418Liabilities 2024: $24,955Net Assets 2024: $80,4632024

Highlighted filing

2018

Assets$220,652
Liabilities$0
Net Assets$220,652
Open 2018 Filing

Operations Trend

Revenue Growth39th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $182,352Expenses 2011: $186,064Net Income 2011: -$3,7122011Revenue 2012: $270,763Expenses 2012: $205,273Net Income 2012: $65,4902012Revenue 2013: $298,803Expenses 2013: $277,097Net Income 2013: $21,7062013Revenue 2014: $317,012Expenses 2014: $318,159Net Income 2014: -$1,1472014Revenue 2015: $384,591Expenses 2015: $379,663Net Income 2015: $4,9282015Revenue 2016: $437,417Expenses 2016: $392,509Net Income 2016: $44,9082016Revenue 2017: $474,813Expenses 2017: $450,078Net Income 2017: $24,7352017Revenue 2018: $445,467Expenses 2018: $431,307Net Income 2018: $14,1602018Revenue 2019: $459,422Expenses 2019: $469,223Net Income 2019: -$9,8012019Revenue 2020: $456,535Expenses 2020: $491,964Net Income 2020: -$35,4292020Revenue 2021: $556,305Expenses 2021: $552,034Net Income 2021: $4,2712021Revenue 2022: $528,882Expenses 2022: $554,092Net Income 2022: -$25,2102022Revenue 2023: $469,534Expenses 2023: $549,705Net Income 2023: -$80,1712023Revenue 2024: $476,512Expenses 2024: $551,261Net Income 2024: -$74,7492024

Highlighted filing

2018

Revenue$445,467
Expenses$431,307
Net Income$14,160
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 22, 2019
Return Version
2018v3.1
Gross Receipts
$446,537
Mission and Program Overview

Mission

Education provided for students in primary and secondary level with various learning disabilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$205,046$220,170▲ $15,124
Land, Buildings, and Equipment, Net$1,446$482▼ $964
Total Assets$206,492$220,652▲ $14,160
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$206,492$220,652▲ $14,160
Total Net Assets Fund Balance$206,492$220,652▲ $14,160
Total Liabilities and Net Assets / Fund Balance$206,492$220,652▲ $14,160

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$37,459-$37,459
Other Land Buildings$6,634-$6,634
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleBaseTotal
Beverly HendersonDirector$39,702$39,702

Board Members and Trustees

NameTitle
Ali RizwanPresident
Becky BrassCommunity Vo
Vicki HendersonCommunity Vo
Mike CarterOfficer
Bonnie WatkinsSecretary
Debbie MastersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$81,019
Program Service Revenue
$356,583
Investment Income
$0
Other Revenue
$7,865
All Other Contributions
$81,019
Change in Net Assets
$14,160
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$331,689
Other Expenses$99,618
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$267,008--$267,008
Current Officers, Directors, Trustees, and Key Employees$39,702--$39,702
Payroll Taxes$24,979--$24,979
Office Expenses$17,813--$17,813
All Other Expenses$11,106--$11,106
Occupancy$10,221--$10,221
Fees for Services Accounting$8,713--$8,713
Insurance$6,050--$6,050
Other Expenses$3,363--$3,363
Depreciation Depletion$964--$964
Total Functional Expenses$431,307$0$0$431,307
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,935
Fundraising Direct Expenses$1,070
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
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The return is prepared by an outside accounting firm and reviewed by the treasurer. The return is then provided to the governing body for review and comment prior to filing.”

Form 990, Page 6, Part VI, Line 15A

“Reviewed annually by governing body and compensation adjusted according to performance and tenure.”

Form 990, Page 6, Part VI, Line 15B

“Reviewed annually by governing body and compensation adjusted according to performance and tenure.”

Form 990, Page 6, Part VI, Line 19

“The public may obtain organization documents by submitting a request in writing to the organization's office address or its treasurer.”

Filing and Contact Details

Filer

Filer Name
Kore Academy Inc
EIN
20-1530223
Phone
8592248101
Address
2228 LOVELL COURT, LEXINGTON, KY 40513

Signing Officer

Name
Bonnie Watkins
Title
Secretary
Phone
8592248101
Signed
2019-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beverly Henderson
Formed
2004
Legal Domicile
Ky
Voting Board Members
8
Independent Board Members
8
Employees
21
Volunteers
10

Preparer

Firm
J Scott Dick CPA Pllc
Address
3500 WESTGATE DR STE 900, DURHAM, NC 27707
Preparer
Tony Watkins
Phone
9194895566
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Book / tax depreciation difference -1,348 rounding 1,348”

Raw XML Appendix333 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0EDUCATION PROVIDED FOR STUDENTS IN PRIMARY AND SECONDARY LEVEL WITH VARIOUS LEARNING DISABILITIES
IRS990/AllOtherContributionsAmt081019
IRS990/AllOtherExpensesGrp/ProgramServicesAmt011106
IRS990/AllOtherExpensesGrp/TotalAmt011106
IRS990/BooksInCareOfDetail/PersonNm0DEBBIE MASTERS
IRS990/BooksInCareOfDetail/PhoneNum08592248101
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02228 LOVELL CT
IRS990/BooksInCareOfDetail/USAddress/CityNm0LEXINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040513
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0205046
IRS990/CashNonInterestBearingGrp/EOYAmt0220170
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt039702
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt039702
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt081019
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt099618
IRS990/CYOtherRevenueAmt07865
IRS990/CYProgramServiceRevenueAmt0356583
IRS990/CYRevenuesLessExpensesAmt014160
IRS990/CYSalariesCompEmpBnftPaidAmt0331689
IRS990/CYTotalExpensesAmt0431307
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0445467
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0964
IRS990/DepreciationDepletionGrp/TotalAmt0964
IRS990/Desc0EDUCATION PROVIDED FOR STUDENTS IN PRIMARY AND SECONDARY LEVEL WITH VARIOUS LEARNING DISABILITIES
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt021
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0431307
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt08713
IRS990/FeesForServicesAccountingGrp/TotalAmt08713
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0DEBBIE MASTERS
IRS990/Form990PartVIISectionAGrp/PersonNm1BONNIE WATKINS
IRS990/Form990PartVIISectionAGrp/PersonNm2ALI RIZWAN
IRS990/Form990PartVIISectionAGrp/PersonNm3BECKY BRASS
IRS990/Form990PartVIISectionAGrp/PersonNm4BEVERLY HENDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm5MIKE CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm6VICKI HENDERSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt439702
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3COMMUNITY VO
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt6COMMUNITY VO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt01070
IRS990/FundraisingGrossIncomeAmt08935
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0446537
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt06050
IRS990/InsuranceGrp/TotalAmt06050
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt043611
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01446
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0482
IRS990/LandBldgEquipCostOrOtherBssAmt044093
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EDUCATION PROVIDED FOR STUDENTS IN PRIMARY AND SECONDARY LEVEL WITH VARIOUS LEARNING DISABILITIES
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0206492
IRS990/NetAssetsOrFundBalancesEOYAmt0220652
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt07865
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt010221
IRS990/OccupancyGrp/TotalAmt010221
IRS990/OfficeExpensesGrp/ProgramServicesAmt017813
IRS990/OfficeExpensesGrp/TotalAmt017813
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0TUITION
IRS990/OtherExpensesGrp/Desc1TECHNOLOGY
IRS990/OtherExpensesGrp/Desc2LUNCHES EXPENSE
IRS990/OtherExpensesGrp/Desc3EVENT EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt022260
IRS990/OtherExpensesGrp/ProgramServicesAmt115525
IRS990/OtherExpensesGrp/ProgramServicesAmt23603
IRS990/OtherExpensesGrp/ProgramServicesAmt33363
IRS990/OtherExpensesGrp/TotalAmt022260
IRS990/OtherExpensesGrp/TotalAmt115525
IRS990/OtherExpensesGrp/TotalAmt23603
IRS990/OtherExpensesGrp/TotalAmt33363
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0267008
IRS990/OtherSalariesAndWagesGrp/TotalAmt0267008
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt024979
IRS990/PayrollTaxesGrp/TotalAmt024979
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BEVERLY HENDERSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0356583
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0356583
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0140502
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0135098
IRS990/PYOtherRevenueAmt07638
IRS990/PYProgramServiceRevenueAmt0326673
IRS990/PYRevenuesLessExpensesAmt024735
IRS990/PYSalariesCompEmpBnftPaidAmt0314980
IRS990/PYTotalExpensesAmt0450078
IRS990/PYTotalRevenueAmt0474813
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt014160
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0356583
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt037459
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt037459
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06634
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06634
IRS990ScheduleD/TotalBookValueLandBuildingsAmt044093
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
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0KORE ACADEMY HAS INCLUDED A STATEMENT OF ITS RACIALLY NON- DISCRIMINATORY POLICY IN THE LOCAL NEWSPAPER AS WELL AS IN ALL BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED BY THE TREASURER. THE RETURN IS THEN PROVIDED TO THE GOVERNING BODY FOR REVIEW AND COMMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED ANNUALLY BY GOVERNING BODY AND COMPENSATION ADJUSTED ACCORDING TO PERFORMANCE AND TENURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED ANNUALLY BY GOVERNING BODY AND COMPENSATION ADJUSTED ACCORDING TO PERFORMANCE AND TENURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PUBLIC MAY OBTAIN ORGANIZATION DOCUMENTS BY SUBMITTING A REQUEST IN WRITING TO THE ORGANIZATION'S OFFICE ADDRESS OR ITS TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK / TAX DEPRECIATION DIFFERENCE -1,348 ROUNDING 1,348
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0206492
IRS990/TotalAssetsEOYAmt0220652
IRS990/TotalAssetsGrp/BOYAmt0206492
IRS990/TotalAssetsGrp/EOYAmt0220652
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt081019
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0431307
IRS990/TotalFunctionalExpensesGrp/TotalAmt0431307
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0206492
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0220652
IRS990/TotalProgramServiceExpensesAmt0431307
IRS990/TotalProgramServiceRevenueAmt0356583
IRS990/TotalReportableCompFromOrgAmt039702
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0356583
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0445467
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0206492
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0220652
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0206492
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0220652
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03295 SNAFFLE RD
IRS990/USAddress/CityNm0LEXINGTON
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040513
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0HTTP://WWW.KOREACADEMY.ORG/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BONNIE WATKINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum08592248101
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KORE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0201530223
ReturnHeader/Filer/PhoneNum08592248101
ReturnHeader/Filer/USAddress/AddressLine1Txt02228 LOVELL COURT
ReturnHeader/Filer/USAddress/CityNm0LEXINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040513
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00CA194CBC5E2A2BBF6CDC2BB91C36F06C0C9087E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09FCADF4AAED02DE42A699F959261AD555457A0D4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.37.240.203
ReturnHeader/FilingSecurityInformation/IPDt02019-10-22
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:27:18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810829071
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0J SCOTT DICK CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03500 WESTGATE DR STE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DURHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027707
ReturnHeader/PreparerPersonGrp/PhoneNum09194895566
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TONY WATKINS
ReturnHeader/ReturnTs02019-10-22T08:27:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$220,652
Liabilities
$0
Net assets
$220,652
Revenue
$445,467
Expenses
$431,307
Net income
$14,160
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.25$0.80$4.77$5.51$0.75
2023Summary only. Only limited summary data is available for this year.$1.55$0.00$1.55$4.70$5.50$0.80
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.35$0.00$2.35$5.29$5.54$0.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$0.00$2.61$5.56$5.52$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.56$0.81$1.75$4.57$4.92$0.35
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.11$0.00$2.11$4.59$4.69$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.21$4.45$4.31$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.06$0.00$2.06$4.75$4.50$0.25
2016Summary only. Only limited summary data is available for this year.$1.82$0.00$1.82$4.37$3.93$0.45
2015Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$3.85$3.80$0.05
2014Summary only. Only limited summary data is available for this year.$1.34$0.00$1.34$3.17$3.18$0.01
2013Summary only. Only limited summary data is available for this year.$1.41$0.05$1.35$2.99$2.77$0.22
2012Summary only. Only limited summary data is available for this year.$1.17$0.04$1.14$2.71$2.05$0.65
2011Summary only. Only limited summary data is available for this year.$0.51$0.03$0.48$1.82$1.86$0.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • <$500k nonprofits