Civic Intelligence

Pioneer Valley Chinese Immersion

EIN 20-8847246 • 501(c)3 • Hadley, MA

Profile

Support the pioneer valley chinese immersion charter school.

317 Russell StreetHadley, MA 01035-3535

www.pvcics.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.04x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

15.10x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

33rd percentile

-0.5%

Higher net margin than 33% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

22nd percentile

-2.8%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

34th percentile

0.0%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$17,528,053

Up $6,947,539 (+66%) from 2023

Liabilities

Up

$18,093,379

Up $7,085,133 (+64%) from 2023

Net Assets

Down

-$565,326

Down $137,594 (-32%) from 2023

Revenue

Down

$728,507

Down $619 (-0.1%) from 2023

Expenses

Up

$866,101

Up $133,117 (+18%) from 2023

Net Income

Down

-$137,594

Down $133,736 (-3466%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0-$5.0MAssets 2011: $4,092,668Liabilities 2011: $3,986,326Net Assets 2011: $106,3422011Assets 2012: $3,996,884Liabilities 2012: $3,896,003Net Assets 2012: $100,8812012Assets 2013: $3,940,129Liabilities 2013: $3,832,800Net Assets 2013: $107,3292013Assets 2014: $5,267,268Liabilities 2014: $5,157,967Net Assets 2014: $109,3012014Assets 2015: $12,005,502Liabilities 2015: $11,911,094Net Assets 2015: $94,4082015Assets 2016: $12,609,936Liabilities 2016: $12,704,629Net Assets 2016: -$94,6932016Assets 2017: $12,688,327Liabilities 2017: $12,825,608Net Assets 2017: -$137,2812017Assets 2018: $12,350,190Liabilities 2018: $12,551,475Net Assets 2018: -$201,2852018Assets 2019: $11,933,734Liabilities 2019: $12,247,965Net Assets 2019: -$314,2312019Assets 2020: $11,544,704Liabilities 2020: $11,947,648Net Assets 2020: -$402,9442020Assets 2021: $11,207,489Liabilities 2021: $11,634,453Net Assets 2021: -$426,9642021Assets 2022: $10,884,724Liabilities 2022: $11,308,598Net Assets 2022: -$423,8742022Assets 2023: $10,580,514Liabilities 2023: $11,008,246Net Assets 2023: -$427,7322023Assets 2024: $17,528,053Liabilities 2024: $18,093,379Net Assets 2024: -$565,3262024

Highlighted filing

2024

Assets$17,528,053
Liabilities$18,093,379
Net Assets-$565,326

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $286,458Expenses 2011: $228,646Net Income 2011: $57,8122011Revenue 2012: $321,019Expenses 2012: $326,481Net Income 2012: -$5,4622012Revenue 2013: $321,425Expenses 2013: $314,977Net Income 2013: $6,4482013Revenue 2014: $322,249Expenses 2014: $320,277Net Income 2014: $1,9722014Revenue 2015: $307,722Expenses 2015: $322,615Net Income 2015: -$14,8932015Revenue 2016: $322,382Expenses 2016: $511,483Net Income 2016: -$189,1012016Revenue 2017: $728,809Expenses 2017: $771,397Net Income 2017: -$42,5882017Revenue 2018: $731,965Expenses 2018: $791,267Net Income 2018: -$59,3022018Revenue 2019: $728,887Expenses 2019: $841,833Net Income 2019: -$112,9462019Revenue 2020: $728,832Expenses 2020: $817,545Net Income 2020: -$88,7132020Revenue 2021: $729,019Expenses 2021: $753,039Net Income 2021: -$24,0202021Revenue 2022: $729,030Expenses 2022: $725,940Net Income 2022: $3,0902022Revenue 2023: $729,126Expenses 2023: $732,984Net Income 2023: -$3,8582023Revenue 2024: $728,507Expenses 2024: $866,101Net Income 2024: -$137,5942024

Highlighted filing

2024

Revenue$728,507
Expenses$866,101
Net Income-$137,594

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.5$18.1$0.57$0.73$0.87$0.14
2023Detailed filing. Detailed filing data is available for this year.$10.6$11.0$0.43$0.73$0.73$0.00
2022Detailed filing. Detailed filing data is available for this year.$10.9$11.3$0.42$0.73$0.73$0.00
2021Detailed filing. Detailed filing data is available for this year.$11.2$11.6$0.43$0.73$0.75$0.02
2020Detailed filing. Detailed filing data is available for this year.$11.5$11.9$0.40$0.73$0.82$0.09
2019Detailed filing. Detailed filing data is available for this year.$11.9$12.2$0.31$0.73$0.84$0.11
2018Detailed filing. Detailed filing data is available for this year.$12.4$12.6$0.20$0.73$0.79$0.06
2017Detailed filing. Detailed filing data is available for this year.$12.7$12.8$0.14$0.73$0.77$0.04
2016Detailed filing. Detailed filing data is available for this year.$12.6$12.7$0.09$0.32$0.51$0.19
2015Summary only. Only limited summary data is available for this year.$12.0$11.9$0.09$0.31$0.32$0.01
2014Summary only. Only limited summary data is available for this year.$5.27$5.16$0.11$0.32$0.32$0.00
2013Summary only. Only limited summary data is available for this year.$3.94$3.83$0.11$0.32$0.31$0.01
2012Summary only. Only limited summary data is available for this year.$4.00$3.90$0.10$0.32$0.33$0.01
2011Summary only. Only limited summary data is available for this year.$4.09$3.99$0.11$0.29$0.23$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$728,507
Mission and Program Overview

Mission

Support the pioneer valley chinese immersion charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,959,447$16,716,376▲ $6,756,929
Cash and Non-Interest-Bearing Accounts$227,507$370,053▲ $142,546
Total Assets$10,580,514$17,528,053▲ $6,947,539
Other Assets Total$393,560$441,624▲ $48,064
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,470,083$15,909,074▲ $5,438,991
Deferred Revenue$486,463$2,125,655▲ $1,639,192
Other Liabilities$34,827$34,827→ $0
Accounts Payable and Accrued Expenses$16,873$23,823▲ $6,950
Total Liabilities$11,008,246$18,093,379▲ $7,085,133
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-427,732$-565,326▼ $137,594
Total Net Assets Fund Balance$-427,732$-565,326▼ $137,594
Total Liabilities and Net Assets / Fund Balance$10,580,514$17,528,053▲ $6,947,539

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$8,179,128$2,356,421$10,535,549
Buildings$7,303,613$1,505,471$8,809,084
Land$718,200-$718,200
Other Land Buildings$512,388$132,645$645,033
Equipment$3,047$48,172$51,219
Compensation and Service Providers

Employees

NameTitleOtherTotal
Kathleen WangPresident$112,367$112,367

Board Members and Trustees

NameTitle
Eric AlcornDirector
Mitchell TasmanClerk
Winifred McdonaghTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$728,272
Investment Income
$0
Other Revenue
$235
Change in Net Assets
$-137,594
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$866,101
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
Depreciation Depletion$396,715--$396,715
Interest$319,042--$319,042
Fees for Services Other$68,385--$68,385
Other Expenses$895--$895
Fees for Services Legal$30--$30
Total Functional Expenses$866,101$0$0$866,101
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
Due to Related Party$34,827
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The board of pvcief reviews form 990 prior to final submission to the respective taxing authorities.

Form 990, Part VI, Section C, Line 19

All pvcief documents are available either from the online state corporations database or from the school's offices at 317 russell street, hadley, ma 01035.

Filing and Contact Details

Filer

Filer Name
Pioneer Valley Chinese Immersion
EIN
20-8847246
Phone
4135827040
Address
317 RUSSELL STREET, HADLEY, MA 01035-3535

Signing Officer

Name
Kathleen Wang
Title
President
Phone
4135827040
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Wang
Formed
2007
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Mp Pc
Address
ONE MONARCH PLACE, SPRINGFIELD, MA 01144
Preparer
Patrick Leary
Phone
4137391800
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require the foundation management to evaluate tax positions taken by the foundation and recognize a tax liability (or tax asset) if the foundation has taken any uncertain position that more likely than not would not be sustained upon examination by the irs. Management analyzed the tax positions taken by the foundation, and has concluded that as of june 30, 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a tax liability (or tax asset) or disclosure in the financial statements. The foundation is subject to routine audits by taxing jurisdictions; however there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2021.

Raw XML Appendix383 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.

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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0132645
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0645033
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034827
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE FOUNDATION MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY (OR TAX ASSET) IF THE FOUNDATION HAS TAKEN ANY UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A TAX LIABILITY (OR TAX ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016716376
IRS990ScheduleD/TotalLiabilityAmt034827
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF PVCIEF REVIEWS FORM 990 PRIOR TO FINAL SUBMISSION TO THE RESPECTIVE TAXING AUTHORITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL PVCIEF DOCUMENTS ARE AVAILABLE EITHER FROM THE ONLINE STATE CORPORATIONS DATABASE OR FROM THE SCHOOL'S OFFICES AT 317 RUSSELL STREET, HADLEY, MA 01035.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PIONEER VALLEY CHINESE IMMERSION CH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0331156447
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0317 RUSSELL STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0HADLEY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd001035
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0728272
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt115909074
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt234827
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0PVCICS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1PVCICS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2PVCICS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2Q
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010580514
IRS990/TotalAssetsEOYAmt017528053
IRS990/TotalAssetsGrp/BOYAmt010580514
IRS990/TotalAssetsGrp/EOYAmt017528053
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0866101
IRS990/TotalFunctionalExpensesGrp/TotalAmt0866101
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011008246
IRS990/TotalLiabilitiesEOYAmt018093379
IRS990/TotalLiabilitiesGrp/BOYAmt011008246
IRS990/TotalLiabilitiesGrp/EOYAmt018093379
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-427732
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-565326
IRS990/TotalOtherCompensationAmt04843
IRS990/TotalProgramServiceExpensesAmt0866101
IRS990/TotalProgramServiceRevenueAmt0728272
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0728507
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0728507
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010580514
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt017528053
IRS990/TotReportableCompRltdOrgAmt0107524
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0317 RUSSELL STREET
IRS990/USAddress/CityNm0HADLEY
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001035
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.PVCICS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHLEEN WANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04135827040
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PIONEER VALLEY CHINESE IMMERSION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PION
ReturnHeader/Filer/EIN0208847246
ReturnHeader/Filer/PhoneNum04135827040
ReturnHeader/Filer/USAddress/AddressLine1Txt0317 RUSSELL STREET
ReturnHeader/Filer/USAddress/CityNm0HADLEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0010353535
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043191789
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MP PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE MONARCH PLACE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRINGFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001144
ReturnHeader/PreparerPersonGrp/PhoneNum04137391800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRICK LEARY
ReturnHeader/ReturnTs02025-05-13T12:53:34-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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