Civic Intelligence

Penn Christian Academy

990 • Fiscal year 2018 • EIN 23-2142139

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 09, 2019

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

75th percentile

0.37x

Higher debt load relative to assets than 75% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

60th percentile

0.16x

Higher debt load relative to revenue than 60% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

38th percentile

-0.4%

Higher net margin than 38% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

40th percentile

$28,436

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

21st percentile

-5.9%

Faster asset growth than 21% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

23rd percentile

-8.5%

Faster revenue growth than 23% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$498,054

Down $31,328 (-5.9%) from 2017

Net Assets

Down

$313,210

Down $5,956 (-1.9%) from 2017

Liabilities

Down

$184,844

Down $25,372 (-12%) from 2017

Revenue

Down

$1,165,109

Down $107,852 (-8.5%) from 2017

Expenses

Down

$1,169,904

Down $124,922 (-9.6%) from 2017

Net Income

Up

-$4,795

Up $17,070 (+78%) from 2017

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

2018

Assets$498,054
Liabilities$184,844
Net Assets$313,210

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

2018

Revenue$1,165,109
Expenses$1,169,904
Net Income-$4,795
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 9, 2019
Return Version
2017v2.3
Gross Receipts
$1,169,230
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$315,233$275,546▼ $39,687
Accounts Receivable$193,226$217,729▲ $24,503
Investments in Publicly Traded Securities$10,837$0▼ $10,837
Cash and Non-Interest-Bearing Accounts$842$2,471▲ $1,629
Pledges and Grants Receivable$6,067$2,270▼ $3,797
Savings and Temporary Cash Investments$3,177$38▼ $3,139
Total Assets$529,382$498,054▼ $31,328
Liabilities
Accounts Payable and Accrued Expenses$99,399$86,154▼ $13,245
Other Liabilities$72,326$51,529▼ $20,797
Mortgage Notes Payable Secured by Investment Property-$38,000-
Deferred Revenue$38,491$9,161▼ $29,330
Total Liabilities$210,216$184,844▼ $25,372
Net Assets / Fund Balance
Unrestricted Net Assets$306,848$303,911▼ $2,937
Temporarily Rstr Net Assets$12,318$9,299▼ $3,019
Total Net Assets Fund Balance$319,166$313,210▼ $5,956
Total Liabilities and Net Assets / Fund Balance$529,382$498,054▼ $31,328

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$135,353$837,860$973,213
Equipment$65,193$209,598$274,791
Land$75,000-$75,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donald B BeebeSenior AdministratorFT$23,300$5,136$28,436

Board Members and Trustees

NameTitle
Brian RoachDirector, President, Treasurer
Janeese CarterDirector, Vice President
Jennifer KennedyDirector
Jonathan BovaDirector
MYLIA' COLEDirector
Robert HillDirector
Sam ColemanDirector
Michelle MoriniereDirector, Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$120,471
Program Service Revenue
$1,022,173
Investment Income
$96
Other Revenue
$22,369
All Other Contributions
$80,061
Change in Net Assets
$-4,795

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,165,109
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,960
Total Revenue per Audited Statements
$1,168,069
Total Revenue per Form 990
$1,165,109
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$886,168
Other Expenses$283,736
Total Fundraising Expense$62,032
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$547,302$139,596$51,702$738,600
Other Employee Benefits$66,919$17,068$6,322$90,309
Occupancy$81,397$1,661-$83,058
Payroll Taxes$42,429$10,822$4,008$57,259
Depreciation Depletion$38,894$794-$39,688
Other Expenses$128,243$5,923-$5,923
Interest-$4,890-$4,890
Total Functional Expenses$905,184$202,688$62,032$1,169,904

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,174,025
Expenses per Audited Statements$1,169,904
Total Expenses per Form 990$1,169,904
Expenses Not Reported on Form 990$4,121
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$4,121
Fundraising Gross Income$4,121
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Race for Education$6,411---
Catalog Sales$10,475$4,121$4,121$0
Total Events$25,586$4,121$4,121$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
Obligation Under Capital Lease$51,529
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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 11B

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
Brian Roach
Title
President
Phone
6102796628
Signed
2019-02-09
Discuss with paid preparer
Yes

Organization Details

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

Preparer

Firm
Dreslin and Company Inc
Address
190 W GERMANTOWN PIKE STE 150, E NORRITON, PA 19401-1386
Preparer
Ronald L Minninger CPA
Phone
6102723571
Supplemental Narrative

Additional Explanations

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 450 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/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR, PRESIDENT, TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR, VICE PRESIDENT
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-4795
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt017611
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01005544
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03177
IRS990/SavingsAndTempCashInvstGrp/EOYAmt038
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0135353
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0837860
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0973213
IRS990ScheduleD/EquipmentGrp/BookValueAmt065193
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0209598
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0274791
IRS990ScheduleD/ExpensesNotReportedAmt04121
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01169904
IRS990ScheduleD/LandGrp/BookValueAmt075000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt075000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1161
IRS990ScheduleD/OtherExpensesIncludedAmt04121
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt051529
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OBLIGATION UNDER CAPITAL LEASE
IRS990ScheduleD/OtherRevenueAmt04121
IRS990ScheduleD/RevenueNotReportedAmt02960
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01165109
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/TotalBookValueLandBuildingsAmt0275546
IRS990ScheduleD/TotalExpensesPerForm990Amt01169904
IRS990ScheduleD/TotalLiabilityAmt051529
IRS990ScheduleD/TotalRevenuePerForm990Amt01165109
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01168069
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01174025
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/CharitableContributionsTotAmt021465
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt06354
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt06411
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt08700
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04121
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CATALOG SALES
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0RACE FOR EDUCATION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt010475
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06411
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt08700
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt025586
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt04121
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt04121
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04121
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04121
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
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/ExplanationTxt3THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
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 XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt012318
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt09299
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0529382
IRS990/TotalAssetsEOYAmt0498054
IRS990/TotalAssetsGrp/BOYAmt0529382
IRS990/TotalAssetsGrp/EOYAmt0498054
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0120471
IRS990/TotalEmployeeCnt056
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt062032
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0202688
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0905184
IRS990/TotalFunctionalExpensesGrp/TotalAmt01169904
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0210216
IRS990/TotalLiabilitiesEOYAmt0184844
IRS990/TotalLiabilitiesGrp/BOYAmt0210216
IRS990/TotalLiabilitiesGrp/EOYAmt0184844
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0319166
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0313210
IRS990/TotalOtherCompensationAmt05136
IRS990/TotalProgramServiceExpensesAmt0905184
IRS990/TotalProgramServiceRevenueAmt01022173
IRS990/TotalReportableCompFromOrgAmt023300
IRS990/TotalRevenueGrp/ExclusionAmt039094
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01005544
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01165109
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0529382
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0498054

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