Civic Intelligence

Parent-Teachers Organization for Mentally Handicapped Children Inc

990 • Fiscal year 2022 • EIN 23-7066205

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 17, 2023

Organization ProfileWWW.PITT.COM
7515 Westport RoadLouisville, KY 40222

(502) 966-6979

Siviq Scores

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

Liabilities / Assets

40th percentile

0.03x

Higher debt load relative to assets than 40% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

43rd percentile

0.05x

Higher debt load relative to revenue than 43% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

16th percentile

-17%

Higher net margin than 16% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

64th percentile

$89,723

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

24th percentile

-7.4%

Faster asset growth than 24% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

31st percentile

-6.3%

Faster revenue growth than 31% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets40th percentile

Assets

Down

$2,230,806

Down $179,521 (-7.4%) from 2021

Net Assets

Down

$2,169,199

Down $199,893 (-8.4%) from 2021

Liabilities

Up

$61,607

Up $20,372 (+49%) from 2021

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin16th percentile

Revenue

Down

$1,175,039

Down $78,470 (-6.3%) from 2021

Expenses

Up

$1,374,932

Up $134,094 (+11%) from 2021

Net Income

Down

-$199,893

Down $212,564 (-1678%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$3.0M$2.0M$1.0M$0Assets 2015: $1,997,848Liabilities 2015: $920,785Net Assets 2015: $1,077,0632015Assets 2017: $2,842,762Liabilities 2017: $101,177Net Assets 2017: $2,741,5852017Assets 2018: $2,724,088Liabilities 2018: $73,346Net Assets 2018: $2,650,7422018Assets 2019: $2,615,369Liabilities 2019: $47,600Net Assets 2019: $2,567,7692019Assets 2020: $2,544,833Liabilities 2020: $188,412Net Assets 2020: $2,356,4212020Assets 2021: $2,410,327Liabilities 2021: $41,235Net Assets 2021: $2,369,0922021Assets 2022: $2,230,806Liabilities 2022: $61,607Net Assets 2022: $2,169,1992022Assets 2023: $2,186,441Liabilities 2023: $64,533Net Assets 2023: $2,121,9082023Assets 2024: $2,199,783Liabilities 2024: $77,969Net Assets 2024: $2,121,8142024

Highlighted filing

2022

Assets$2,230,806
Liabilities$61,607
Net Assets$2,169,199
Open 2022 Filing

Operations Trend

Revenue Growth31st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $1,231,550Expenses 2015: $767,667Net Income 2015: $463,8832015Revenue 2017: $2,203,695Expenses 2017: $1,151,031Net Income 2017: $1,052,6642017Revenue 2018: $1,244,552Expenses 2018: $1,335,395Net Income 2018: -$90,8432018Revenue 2019: $1,096,475Expenses 2019: $1,179,448Net Income 2019: -$82,9732019Revenue 2020: $1,054,257Expenses 2020: $1,265,605Net Income 2020: -$211,3482020Revenue 2021: $1,253,509Expenses 2021: $1,240,838Net Income 2021: $12,6712021Revenue 2022: $1,175,039Expenses 2022: $1,374,932Net Income 2022: -$199,8932022Revenue 2023: $1,391,633Expenses 2023: $1,440,719Net Income 2023: -$49,0862023Revenue 2024: $1,604,695Expenses 2024: $1,603,965Net Income 2024: $7302024

Highlighted filing

2022

Revenue$1,175,039
Expenses$1,374,932
Net Income-$199,893
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 17, 2023
Return Version
2021v4.2
Gross Receipts
$1,201,955
Mission and Program Overview

Mission

Pitt academy provides a safe, supportive, innovative learning environment where children with a broad spectrum of learning and communication disabilities can reach their own academic, creative and social potential. Pitt strives to prepare each student to become independent and to live with as much success as possible in the least restrictive environment consistent with his/her intellectual and social developmental needs.

Provide a safe, supportive learning environment to children with learning differences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,489,639$1,435,717▼ $53,922
Cash and Non-Interest-Bearing Accounts$675,909$573,154▼ $102,755
Savings and Temporary Cash Investments$205,845$206,308▲ $463
Pledges and Grants Receivable$30,000$0▼ $30,000
Accounts Receivable$8,714$15,407▲ $6,693
Total Assets$2,410,327$2,230,806▼ $179,521
Other Assets Total$220$220→ $0
Liabilities
Deferred Revenue$35,350$54,250▲ $18,900
Accounts Payable and Accrued Expenses$5,885$7,357▲ $1,472
Total Liabilities$41,235$61,607▲ $20,372
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,339,092$2,134,199▼ $204,893
Net Assets With Donor Restrictions$30,000$35,000▲ $5,000
Total Net Assets Fund Balance$2,369,092$2,169,199▼ $199,893
Total Liabilities and Net Assets / Fund Balance$2,410,327$2,230,806▼ $179,521

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,242,088$270,760$1,512,848
Equipment$36,867$449,291$486,158
Land$140,000-$140,000
Other Land Buildings$16,762$58,763$75,525
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Renee DotyPrincipalFT$86,277$3,446$89,723

Board Members and Trustees

NameTitle
Kevin MasseyPresident
Jim McdonnellVice President
Karen KirchdorferDirector
Laura WathenDirector
Rob SengDirector
Ron HohmannDirector
Scott SmithDirector
Sister Barbara BirDirector
Steve DegarisDirector
Tom LarimoreDirector
Victoria MondayDirector
Harriet BlankenshipSecretary
Dan MoyersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$111,094
Program Service Revenue
$1,028,550
Investment Income
$593
Other Revenue
$34,802
All Other Contributions
$85,554
Change in Net Assets
$-199,893
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$949,038
Other Expenses$316,478
Grants and Similar Amounts Paid$109,416
Total Fundraising Expense$6,678
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$710,373$45,597-$755,970
Grants to Domestic Individuals$109,416--$109,416
Current Officers, Directors, Trustees, and Key Employees-$89,723-$89,723
Depreciation Depletion$74,821$12,180-$87,001
Occupancy$66,350$9,421-$75,771
Payroll Taxes$54,935$10,311-$65,246
Pension Plan Contributions$34,582$3,517-$38,099
Insurance$24,832$3,244-$28,076
Office Expenses-$23,158-$23,158
Other Expenses$20,114--$20,114
Fees for Services Accounting-$18,369-$18,369
Advertising--$6,678$6,678
Information Technology$1,880--$1,880
Total Functional Expenses$1,152,734$215,520$6,678$1,374,932
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$48,030
Fundraising Direct Expenses$26,916
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Scramble$42,602$17,062$24,046$-6,984
Other Events$5,428$5,428$2,870$2,558
Total Events$48,030$22,490$26,916$-4,426
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
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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

“Copies of the 990 are provided to the finance and executive committees for review. Questions are directed to the treasurer and bookkeeper.”

Form 990, Part VI, Section B, Line 12C

“The finance committee and/or president review and approve all contracts for compliance with the board policy on conflicts of interest. The finance committee chair reviews all expenditures on a monthly basis to ensure compliance with the board approved policy.”

Form 990, Part VI, Section B, Line 15

“Pitt academy follows the pay scale guidelines developed by the archdiocese of louisville to determine appropriate pay for teachers, principal, and staff.”

Form 990, Part VI, Section C, Line 19

“Financial information is presented to parents at the annual meeting. Governing documents and financial information is available upon request by contacting the school office.”

Filing and Contact Details

Filer

Filer Name
Pitt Academy Inc
EIN
23-7066205
Phone
5029666979
Address
7515 WESTPORT ROAD, LOUISVILLE, KY 40222
Doing Business As
Pitt Academy

Signing Officer

Name
Dan Moyers
Title
Treasurer
Phone
5029666979
Signed
2023-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Massey
Formed
1949
Legal Domicile
Ky
Voting Board Members
14
Independent Board Members
14
Employees
25
Volunteers
20

Preparer

Firm
Welenken Cpas
Address
730 WEST MARKET STREET, LOUISVILLE, KY 40202-2757
Preparer
William Amshoff CPA
Phone
5025853251
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“No provision has been made for income taxes in the accompanying financial statements since the academy is a tax exempt not-for-profit corporation under section 501(c)(3) of the internal revenue code. Management has concluded that any tax positions that would not meet the more-likely-than-not criterion of fasb asc 740-10 would be immaterial to the financial statements taken as a whole. Accordingly, the accompanying financial statements do not include any provision for uncertain tax positions, and no related interest or penalties have been recorded in the statement of activities or accrued in the statement of financial position. The academy's federal forms 990 are generally open to examination by the irs for a period of three years from the date the returns are filed.”

Raw XML AppendixShowing 400 of 486 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05885
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07357
IRS990/AccountsReceivableGrp/BOYAmt08714
IRS990/AccountsReceivableGrp/EOYAmt015407
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE A SAFE, SUPPORTIVE LEARNING ENVIRONMENT TO CHILDREN WITH LEARNING DIFFERENCES.
IRS990/AdvertisingGrp/FundraisingAmt06678
IRS990/AdvertisingGrp/TotalAmt06678
IRS990/AllOtherContributionsAmt085554
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PITT ACADEMY
IRS990/BooksInCareOfDetail/PhoneNum05029666979
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07515 WESTPORT RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOUISVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040222
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0675909
IRS990/CashNonInterestBearingGrp/EOYAmt0573154
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt089723
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt089723
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt025540
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0111094
IRS990/CYGrantsAndSimilarPaidAmt0109416
IRS990/CYInvestmentIncomeAmt0593
IRS990/CYOtherExpensesAmt0316478
IRS990/CYOtherRevenueAmt034802
IRS990/CYProgramServiceRevenueAmt01028550
IRS990/CYRevenuesLessExpensesAmt0-199893
IRS990/CYSalariesCompEmpBnftPaidAmt0949038
IRS990/CYTotalExpensesAmt01374932
IRS990/CYTotalFundraisingExpenseAmt06678
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01175039
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt035350
IRS990/DeferredRevenueGrp/EOYAmt054250
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt012180
IRS990/DepreciationDepletionGrp/ProgramServicesAmt074821
IRS990/DepreciationDepletionGrp/TotalAmt087001
IRS990/Desc0TO PROVIDE A SCHOOL TO EDUCATE MENTALLY HANDICAPPED CHILDREN.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0PITT ACADEMY
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt030000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt035000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt025
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01152734
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018369
IRS990/FeesForServicesAccountingGrp/TotalAmt018369
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt114.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1345.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt133446
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVE DEGARIS
IRS990/Form990PartVIISectionAGrp/PersonNm1KEVIN MASSEY
IRS990/Form990PartVIISectionAGrp/PersonNm2JIM MCDONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm3HARRIET BLANKENSHIP
IRS990/Form990PartVIISectionAGrp/PersonNm4SISTER BARBARA BIR
IRS990/Form990PartVIISectionAGrp/PersonNm5VICTORIA MONDAY
IRS990/Form990PartVIISectionAGrp/PersonNm6RON HOHMANN
IRS990/Form990PartVIISectionAGrp/PersonNm7KAREN KIRCHDORFER
IRS990/Form990PartVIISectionAGrp/PersonNm8ROB SENG
IRS990/Form990PartVIISectionAGrp/PersonNm9LAURA WATHEN
IRS990/Form990PartVIISectionAGrp/PersonNm10TOM LARIMORE
IRS990/Form990PartVIISectionAGrp/PersonNm11DAN MOYERS
IRS990/Form990PartVIISectionAGrp/PersonNm12SCOTT SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm13RENEE DOTY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1386277
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01949
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt025540
IRS990/FundraisingDirectExpensesAmt026916
IRS990/FundraisingGrossIncomeAmt048030
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt0109416
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0109416
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0109416
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01201955
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt01880
IRS990/InformationTechnologyGrp/TotalAmt01880
IRS990/InsuranceGrp/ManagementAndGeneralAmt03244
IRS990/InsuranceGrp/ProgramServicesAmt024832
IRS990/InsuranceGrp/TotalAmt028076
IRS990/InvestmentIncomeGrp/ExclusionAmt0593
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0593
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0778814
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01489639
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01435717
IRS990/LandBldgEquipCostOrOtherBssAmt02214531
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PITT ACADEMY PROVIDES A SAFE, SUPPORTIVE, INNOVATIVE LEARNING ENVIRONMENT WHERE CHILDREN WITH A BROAD SPECTRUM OF LEARNING AND COMMUNICATION DISABILITIES CAN REACH THEIR OWN ACADEMIC, CREATIVE AND SOCIAL POTENTIAL. PITT STRIVES TO PREPARE EACH STUDENT TO BECOME INDEPENDENT AND TO LIVE WITH AS MUCH SUCCESS AS POSSIBLE IN THE LEAST RESTRICTIVE ENVIRONMENT CONSISTENT WITH HIS/HER INTELLECTUAL AND SOCIAL DEVELOPMENTAL NEEDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02369092
IRS990/NetAssetsOrFundBalancesEOYAmt02169199
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt021114
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt021114
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02339092
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02134199
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt09421
IRS990/OccupancyGrp/ProgramServicesAmt066350
IRS990/OccupancyGrp/TotalAmt075771
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt023158
IRS990/OfficeExpensesGrp/TotalAmt023158
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0220
IRS990/OtherAssetsTotalGrp/EOYAmt0220
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc1SCHOOL PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc2CAFETERIA EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt028958
IRS990/OtherExpensesGrp/ProgramServicesAmt126473
IRS990/OtherExpensesGrp/ProgramServicesAmt220114
IRS990/OtherExpensesGrp/TotalAmt028958
IRS990/OtherExpensesGrp/TotalAmt126473
IRS990/OtherExpensesGrp/TotalAmt220114
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt013688
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013688
IRS990/OtherRevenueTotalAmt013688
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt045597
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0710373
IRS990/OtherSalariesAndWagesGrp/TotalAmt0755970
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010311
IRS990/PayrollTaxesGrp/ProgramServicesAmt054935
IRS990/PayrollTaxesGrp/TotalAmt065246
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03517
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt034582
IRS990/PensionPlanContributionsGrp/TotalAmt038099
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt030000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KEVIN MASSEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1CAFETERIA INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01007056
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt121494
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01007056
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt121494
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0191815
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt062128
IRS990/PYInvestmentIncomeAmt02672
IRS990/PYOtherExpensesAmt0292563
IRS990/PYOtherRevenueAmt0176669
IRS990/PYProgramServiceRevenueAmt0882353
IRS990/PYRevenuesLessExpensesAmt012671
IRS990/PYSalariesCompEmpBnftPaidAmt0886147
IRS990/PYTotalExpensesAmt01240838
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01253509
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-199893
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01042238
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0205845
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0206308
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/BookValueAmt01242088
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0270760
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01512848
IRS990ScheduleD/EquipmentGrp/BookValueAmt036867
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0449291
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0486158
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0140000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0140000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016762
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt058763
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt075525
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NO PROVISION HAS BEEN MADE FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS SINCE THE ACADEMY IS A TAX EXEMPT NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT CRITERION OF FASB ASC 740-10 WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO RELATED INTEREST OR PENALTIES HAVE BEEN RECORDED IN THE STATEMENT OF ACTIVITIES OR ACCRUED IN THE STATEMENT OF FINANCIAL POSITION. THE ACADEMY'S FEDERAL FORMS 990 ARE GENERALLY OPEN TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01435717
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PITT ACADEMY IS A SMALL SCHOOL SERVING THE NEEDS OF CHILDREN WITH LEARNING AND MENTAL DISABILITIES. PITT ACADEMY DOES NOT USE NEWSPAPER OR BROADCAST MEDIA TO RECRUIT STUDENTS. THE SCHOOL'S NONDISCRIMINATORY POLICY IS INCLUDED IN BROCHURES DISTRIBUTED ABOUT THE SCHOOL AND INCLUDED ON THE WEBSITE UNDER PROGRAM ELIGIBILITY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/CharitableDistributionRqrInd00
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt025540
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt025540
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt026916
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF SCRAMBLE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0OTHER EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt042602
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt05428
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt048030
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt017062
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt05428
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022490
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-4426
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt026916
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt024046
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02870
IRS990ScheduleG/GamingWithNonmembersInd00
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/StatesWhereGamingConductedCd0KY
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION DISCOUNTS AND ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0109416
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0SCHOOL TUITION DISCOUNTS AND ASSISTANCE AWARDED TO STUDENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt025
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FAIR MARKET VALUE
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE APPLICATION FOR FINANCIAL ASSISTANCE IS AVAILABLE TO FAMILIES AT OPEN HOUSE IN FEBRUARY. THE APPLICATION REQUIRES TAX INFORMATION AS WELL AS A LETTER OF CIRCUMSTANCE. FUNDING FOR FINANCIAL ASSISTANCE CAME FROM A COMBINATION OF TUITION ASSISTANCE AND SCHOLARSHIPS FROM PITT ACCADEMY, 3RD PARTY ORGANIZATIONS AND INDIVIDUALS. APPLICATIONS ARE RETURNED TO THE ADMINISTRATIVE ASSISTANT AND TIME STAMPED. THEY ARE THEN LOCKED IN A FILE UNTIL DEADLINE FOR SUBMISSION. THE BOARD PRESIDENT AND THE PRINCIPAL SCHEDULE A MEETING TO REVIEW THE COMPLETED FINANCIAL ASSISTANCE APPLICATIONS. ALLOCATIONS OF ALL FUNDS ARE AWARDED BASED ON FINANCIAL NEED, CIRCUMSTANCE, AND DATE OF SUBMISSION. THE BOARD PRESIDENT AND THE PRINCIPAL ATTEMPT TO ALLOCATE FUNDS TO EACH APPLICANT ACCORDING TO TAX INFORMATION AND CIRCUMSTANCE. THE ADMINISTRATIVE ASSISTANT THEN NOTIFIES FAMILIES THAT HAVE BEEN AWARDED FINANCIAL ASSISTANCE IN WRITING. THE FAMILIES ARE ASKED TO SIGN AN ACCEPTANCE LETTER AND RETURN IT TO THE OFFICE. THE BOOKKEEPER THEN TRACKS THE ASSISTANCE GIVEN AND APPLIES IT TOWARD THE TOTAL TUITION AT THE BEGINNING OF THE SCHOOL YEAR. IF FOR SOME REASON THE STUDENT WITHDRAWS BEFORE THE SCHOOL YEAR IS OVER, THE ASSISTANCE IS PRORATED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPIES OF THE 990 ARE PROVIDED TO THE FINANCE AND EXECUTIVE COMMITTEES FOR REVIEW. QUESTIONS ARE DIRECTED TO THE TREASURER AND BOOKKEEPER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FINANCE COMMITTEE AND/OR PRESIDENT REVIEW AND APPROVE ALL CONTRACTS FOR COMPLIANCE WITH THE BOARD POLICY ON CONFLICTS OF INTEREST. THE FINANCE COMMITTEE CHAIR REVIEWS ALL EXPENDITURES ON A MONTHLY BASIS TO ENSURE COMPLIANCE WITH THE BOARD APPROVED POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PITT ACADEMY FOLLOWS THE PAY SCALE GUIDELINES DEVELOPED BY THE ARCHDIOCESE OF LOUISVILLE TO DETERMINE APPROPRIATE PAY FOR TEACHERS, PRINCIPAL, AND STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIAL INFORMATION IS PRESENTED TO PARENTS AT THE ANNUAL MEETING. GOVERNING DOCUMENTS AND FINANCIAL INFORMATION IS AVAILABLE UPON REQUEST BY CONTACTING THE SCHOOL OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,230,806
Liabilities
$61,607
Net assets
$2,169,199
Revenue
$1,175,039
Expenses
$1,374,932
Net income
-$199,893
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.08$2.12$1.60$1.60$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$0.06$2.12$1.39$1.44$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.23$0.06$2.17$1.18$1.37$0.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$0.04$2.37$1.25$1.24$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.19$2.36$1.05$1.27$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.62$0.05$2.57$1.10$1.18$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.72$0.07$2.65$1.24$1.34$0.09
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.84$0.10$2.74$2.20$1.15$1.05
2015Detailed filing. Detailed filing data is available for this year.$2.00$0.92$1.08$1.23$0.77$0.46