Civic Intelligence

Penn Christian Academy

990 • Fiscal year 2019 • EIN 23-2142139

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 03, 2020

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

87th percentile

0.69x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

77th percentile

0.43x

Higher debt load relative to revenue than 77% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

21st percentile

-9.9%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

47th percentile

$56,522

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

87th percentile

35%

Faster asset growth than 87% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

27th percentile

-6.3%

Faster revenue growth than 27% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$671,071

Up $173,017 (+35%) from 2018

Net Assets

Down

$205,636

Down $107,574 (-34%) from 2018

Liabilities

Up

$465,435

Up $280,591 (+152%) from 2018

Revenue

Down

$1,092,035

Down $73,074 (-6.3%) from 2018

Expenses

Up

$1,199,609

Up $29,705 (+2.5%) from 2018

Net Income

Down

-$107,574

Down $102,779 (-2143%) from 2018

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

2019

Assets$671,071
Liabilities$465,435
Net Assets$205,636

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

2019

Revenue$1,092,035
Expenses$1,199,609
Net Income-$107,574
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 3, 2020
Return Version
2018v3.1
Gross Receipts
$1,093,937
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
Accounts Receivable$217,729$276,444▲ $58,715
Land, Buildings, and Equipment, Net$275,546$252,288▼ $23,258
Cash and Non-Interest-Bearing Accounts$2,471$88,851▲ $86,380
Pledges and Grants Receivable$2,270$53,450▲ $51,180
Savings and Temporary Cash Investments$38$38→ $0
Total Assets$498,054$671,071▲ $173,017
Liabilities
Mortgage Notes Payable Secured by Investment Property$38,000$281,280▲ $243,280
Accounts Payable and Accrued Expenses$86,154$93,097▲ $6,943
Deferred Revenue$9,161$64,241▲ $55,080
Other Liabilities$51,529$26,817▼ $24,712
Total Liabilities$184,844$465,435▲ $280,591
Net Assets / Fund Balance
Unrestricted Net Assets$303,911$146,546▼ $157,365
Temporarily Rstr Net Assets$9,299$59,090▲ $49,791
Total Net Assets Fund Balance$313,210$205,636▼ $107,574
Total Liabilities and Net Assets / Fund Balance$498,054$671,071▲ $173,017

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$114,795$858,418$973,213
Equipment$62,493$182,207$244,700
Land$75,000-$75,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Donald B BeebeSenior AdministratorFT$56,522$56,522

Board Members and Trustees

NameTitle
Janeese CarterPresident
Mylia ColeVice President
Brian RoachDirector
Jennifer KennedyDirector
Jonathan BovaDirector
Robert HillDirector
Sam ColemanDirector
Michelle MoriniereSecretary
Todd BuzbyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$168,999
Program Service Revenue
$885,399
Investment Income
$0
Other Revenue
$37,637
All Other Contributions
$135,657
Change in Net Assets
$-107,574

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Books and Publications-$19,821Cost
Cars and Other Vehicles1$14,500Appraisal
Other Non Cash Contri Table3$909Cost
Total Noncash Contributions4$35,230-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,092,035
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,902
Total Revenue per Audited Statements
$1,093,937
Total Revenue per Form 990
$1,092,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$901,058
Other Expenses$298,551
Total Fundraising Expense$64,981
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$559,596$140,277$54,301$754,174
Occupancy$162,647$3,319-$165,966
Other Employee Benefits$67,642$16,956$6,564$91,162
Payroll Taxes$41,346$10,364$4,012$55,722
Depreciation Depletion$33,483$683-$34,166
Interest-$14,957-$14,957
Other Expenses$1,069$268$104$1,441
Total Functional Expenses$938,523$196,105$64,981$1,199,609

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,201,511
Expenses per Audited Statements$1,199,609
Total Expenses per Form 990$1,199,609
Expenses Not Reported on Form 990$1,902
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$1,902
Fundraising Gross Income$1,902
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Race for Education$2,617---
Catalog Sales$7,621$1,902$1,902$0
Total Events$17,238$1,902$1,902$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$26,817
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
Janeese Carter
Title
President
Phone
6102796628
Signed
2020-03-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janeese Carter
Formed
1966
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
49
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 484 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/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0823315
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt138458
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt213459
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt310167
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0120471
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt096
IRS990/PYOtherExpensesAmt0283737
IRS990/PYOtherRevenueAmt022369
IRS990/PYProgramServiceRevenueAmt01031883
IRS990/PYRevenuesLessExpensesAmt0-10209
IRS990/PYSalariesCompEmpBnftPaidAmt0901291
IRS990/PYTotalExpensesAmt01185028
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01174819
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-107574
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt019537
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0879873
IRS990/SavingsAndTempCashInvstGrp/BOYAmt038
IRS990/SavingsAndTempCashInvstGrp/EOYAmt038
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/BookValueAmt0114795
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0858418
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0973213
IRS990ScheduleD/EquipmentGrp/BookValueAmt062493
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0182207
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0244700
IRS990ScheduleD/ExpensesNotReportedAmt01902
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01199609
IRS990ScheduleD/LandGrp/BookValueAmt075000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt075000
IRS990ScheduleD/OtherExpensesIncludedAmt01902
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt026817
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OBLIGATION UNDER CAPITAL LEASE
IRS990ScheduleD/OtherRevenueAmt01902
IRS990ScheduleD/RevenueNotReportedAmt01902
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01092035
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/TotalBookValueLandBuildingsAmt0252288
IRS990ScheduleD/TotalExpensesPerForm990Amt01199609
IRS990ScheduleD/TotalLiabilityAmt026817
IRS990ScheduleD/TotalRevenuePerForm990Amt01092035
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01093937
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01201511
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/CharitableContributionsTotAmt015336
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt05719
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt02617
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt07000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01902
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CATALOG SALES
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0RACE FOR EDUCATION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt07621
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt02617
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt07000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017238
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt01902
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt01902
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01902
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01902
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/BooksAndPublicationsGrp/MethodOfDeterminingRevenuesTxt0COST
IRS990ScheduleM/BooksAndPublicationsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/BooksAndPublicationsGrp/NoncashContributionsRptF990Amt019821
IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt01
IRS990ScheduleM/CarsAndOtherVehiclesGrp/MethodOfDeterminingRevenuesTxt0APPRAISAL
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NoncashContributionsRptF990Amt014500
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt03
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0OFFICE SUPPLIES
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0COST
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0909
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00

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