Civic Intelligence

Penn Christian Academy

990 • Fiscal year 2016 • EIN 23-2142139

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 17, 2017

50 West Germantown PikeNorristown, PA 19401

(610) 279-6628

Siviq Scores

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

Liabilities / Assets

67th percentile

0.27x

Higher debt load relative to assets than 67% of similar nonprofits.

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

Liabilities / Revenue

49th percentile

0.10x

Higher debt load relative to revenue than 49% of similar nonprofits.

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

Net Margin

24th percentile

-8.7%

Higher net margin than 24% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

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

Asset Growth

4th percentile

-26%

Faster asset growth than 4% of similar nonprofits.

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

Revenue Growth

45th percentile

1.2%

Faster revenue growth than 45% of similar nonprofits.

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

Assets

Down

$470,018

Down $167,761 (-26%) from 2015

Net Assets

Down

$342,819

Down $94,537 (-22%) from 2015

Liabilities

Down

$127,199

Down $73,224 (-37%) from 2015

Revenue

Up

$1,293,794

Up $15,100 (+1.2%) from 2015

Expenses

Up

$1,406,462

Up $272,538 (+24%) from 2015

Net Income

Down

-$112,668

Down $257,438 (-178%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $754,664Liabilities 2012: $291,216Net Assets 2012: $463,4482012Assets 2013: $651,419Liabilities 2013: $250,332Net Assets 2013: $401,0872013Assets 2014: $522,560Liabilities 2014: $230,090Net Assets 2014: $292,4702014Assets 2015: $637,779Liabilities 2015: $200,423Net Assets 2015: $437,3562015Assets 2016: $470,018Liabilities 2016: $127,199Net Assets 2016: $342,8192016Assets 2017: $529,382Liabilities 2017: $210,216Net Assets 2017: $319,1662017Assets 2018: $498,054Liabilities 2018: $184,844Net Assets 2018: $313,2102018Assets 2019: $671,071Liabilities 2019: $465,435Net Assets 2019: $205,6362019Assets 2020: $284,546Liabilities 2020: $40,516Net Assets 2020: $244,0302020Assets 2021: $873,026Liabilities 2021: $214,196Net Assets 2021: $658,8302021

Highlighted filing

2016

Assets$470,018
Liabilities$127,199
Net Assets$342,819

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $1,026,4312012Expenses 2013: $1,142,6582013Revenue 2014: $996,496Expenses 2014: $1,106,349Net Income 2014: -$109,8532014Revenue 2015: $1,278,694Expenses 2015: $1,133,924Net Income 2015: $144,7702015Revenue 2016: $1,293,794Expenses 2016: $1,406,462Net Income 2016: -$112,6682016Revenue 2017: $1,272,961Expenses 2017: $1,294,826Net Income 2017: -$21,8652017Revenue 2018: $1,165,109Expenses 2018: $1,169,904Net Income 2018: -$4,7952018Revenue 2019: $1,092,035Expenses 2019: $1,199,609Net Income 2019: -$107,5742019Revenue 2020: $669,629Expenses 2020: $631,235Net Income 2020: $38,3942020Revenue 2021: $563,443Expenses 2021: $148,643Net Income 2021: $414,8002021

Highlighted filing

2016

Revenue$1,293,794
Expenses$1,406,462
Net Income-$112,668
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 17, 2017
Return Version
2015v3.0
Gross Receipts
$1,301,957
Mission and Program Overview

Mission

The organization's mission is to provide a christian education to students from three years old through eighth grade.

CHRISTIAN EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$332,658$291,222▼ $41,436
Accounts Receivable$208,392$124,998▼ $83,394
Savings and Temporary Cash Investments$32,702$19,551▼ $13,151
Pledges and Grants Receivable$31,864$14,617▼ $17,247
Investments in Publicly Traded Securities$10,628$12,600▲ $1,972
Cash and Non-Interest-Bearing Accounts$20,663$7,030▼ $13,633
Prepaid Expenses and Deferred Charges$872--
Total Assets$637,779$470,018▼ $167,761
Liabilities
Accounts Payable and Accrued Expenses$104,431$79,757▼ $24,674
Other Liabilities$44,438$29,392▼ $15,046
Deferred Revenue$51,554$18,050▼ $33,504
Total Liabilities$200,423$127,199▼ $73,224
Net Assets / Fund Balance
Unrestricted Net Assets$414,096$322,826▼ $91,270
Temporarily Rstr Net Assets$23,260$19,993▼ $3,267
Total Net Assets Fund Balance$437,356$342,819▼ $94,537
Total Liabilities and Net Assets / Fund Balance$637,779$470,018▼ $167,761

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$178,877$794,336-
Land$75,000--
Equipment$37,345$169,782-
Compensation and Service Providers

Board Members and Trustees

NameTitle
April ButlerPresident
Gina BennettVice President
Brian AkamineDirector
Chet HeilmanDirector
Michelle MoriniereDirector
Sam NelaturiDirector
Scott RobertsDirector
Bruce FlemingSecretary
Brian RoachTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$63,153
Program Service Revenue
$1,192,701
Investment Income
$382
Other Revenue
$37,558
All Other Contributions
$24,610
Change in Net Assets
$-112,668

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,293,794
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$10,127
Total Revenue per Audited Statements
$1,303,921
Total Revenue per Form 990
$1,293,794
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$983,046
Other Expenses$423,416
Total Fundraising Expense$64,390
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$629,663$142,847$54,146$826,656
Other Employee Benefits$71,094$16,129$6,114$93,337
Occupancy$81,305$1,659-$82,964
Payroll Taxes$48,027$10,896$4,130$63,053
Depreciation Depletion$40,607$829-$41,436
Other Expenses$262,446$6,931-$6,931
Interest-$1,835-$1,835
Total Functional Expenses$1,133,142$208,930$64,390$1,406,462

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,414,625
Expenses per Audited Statements$1,406,462
Total Expenses per Form 990$1,406,462
Expenses Not Reported on Form 990$8,163
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$8,163
Fundraising Gross Income$5,977
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Catalog Sales$15,144$6,877$6,966$-89
Race for Education$8,816$-900$685$-1,585
Total Events$23,960$5,977$8,163$-2,186
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Obligation Under Capital Lease$29,392
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
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, Section B, Line 11

The form 990 was reviewed by the governing body before it was filed

Form 990, Part VI, Section C, Line 18

The organization makes available upon request its governing documents, conflict of interest policy, financial statements and form 990

Form 990, Part VI, Section C, Line 19

The organization makes available upon request its governing documents, conflict of interest policy, financial statements and form 990

Filing and Contact Details

Filer

Filer Name
Penn Christian Academy
EIN
23-2142139
Phone
6102796628
Address
50 WEST GERMANTOWN PIKE, NORRISTOWN, PA 19401

Signing Officer

Name
April Butler
Title
President
Phone
6102796628
Signed
2017-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
April Butler
Formed
1966
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
56
Volunteers
0

Preparer

Firm
Dreslin and Company Inc
Address
1234 WEST CHESTER PK STE 102, WEST CHESTER, PA 19382
Preparer
Ronald L Minninger CPA
Phone
6106963064
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Correction of accrued expenses 16,167.

FORM 990, PART XII, LINE 2C:

There was no change in the oversight process or selection process during the tax year.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising revenue net on part viii, at gross on financial statements

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising revenue net on part viii, at gross on financial statements

Raw XML AppendixShowing 400 of 462 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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IRS990/PYTotalRevenueAmt01278694
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-112668
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt035457
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01175033
IRS990/SavingsAndTempCashInvstGrp/BOYAmt032702
IRS990/SavingsAndTempCashInvstGrp/EOYAmt019551
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0178877
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0794336
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0973213
IRS990ScheduleD/EquipmentGrp/BookValueAmt037345
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0169782
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0207127
IRS990ScheduleD/ExpensesNotReportedAmt08163
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01406462
IRS990ScheduleD/LandGrp/BookValueAmt075000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt075000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01964
IRS990ScheduleD/OtherExpensesIncludedAmt08163
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt029392
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OBLIGATION UNDER CAPITAL LEASE
IRS990ScheduleD/OtherRevenueAmt08163
IRS990ScheduleD/RevenueNotReportedAmt010127
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01293794
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING REVENUE NET ON PART VIII, AT GROSS ON FINANCIAL STATEMENTS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING REVENUE NET ON PART VIII, AT GROSS ON FINANCIAL STATEMENTS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0291222
IRS990ScheduleD/TotalExpensesPerForm990Amt01406462
IRS990ScheduleD/TotalLiabilityAmt029392
IRS990ScheduleD/TotalRevenuePerForm990Amt01293794
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01303921
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01414625
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PUBLICIZED THROUGH BROCHURES, CATALOGS, APPLICATION FORMS, AND OTHER PRINTED MATERIALS AT REGISTRATION AND THROUGHOUT THE COMMUNITY
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVED ACT 195/90/35 GRANT FUNDS FROM THE STATE OF PENNSYLVANIA
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt017983
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt08267
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt09716
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08163
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0107
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt0150
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0257
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CATALOG SALES
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0RACE FOR EDUCATION
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt040
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt040
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015144
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08816
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt023960
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt06877
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0-900
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt05977
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-2186
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07651
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06966
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0685
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt0215
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0215
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WAS REVIEWED BY THE GOVERNING BODY BEFORE IT WAS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES AVAILABLE UPON REQUEST ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES AVAILABLE UPON REQUEST ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CORRECTION OF ACCRUED EXPENSES 16,167.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt023260
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt019993
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0637779
IRS990/TotalAssetsEOYAmt0470018
IRS990/TotalAssetsGrp/BOYAmt0637779
IRS990/TotalAssetsGrp/EOYAmt0470018
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt063153
IRS990/TotalEmployeeCnt056
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt064390
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0208930

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