Civic Intelligence

Tara Hall School Inc DBA Mingo Creek Academy

990 • Fiscal year 2019 • EIN 23-7111696

Oct 01, 2018 to Sep 30, 2019 • Filed on Feb 24, 2020

PO Box 955Georgetown, SC 29442

(843) 546-3000

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.04x

Higher debt load relative to assets than 42% of similar nonprofits.

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

Liabilities / Revenue

50th percentile

0.09x

Higher debt load relative to revenue than 50% of similar nonprofits.

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

Net Margin

25th percentile

-6.5%

Higher net margin than 25% of similar nonprofits.

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

Top Officer Pay

69th percentile

$101,400

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

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

Asset Growth

20th percentile

-4.7%

Faster asset growth than 20% of similar nonprofits.

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

Revenue Growth

18th percentile

-15%

Faster revenue growth than 18% of similar nonprofits.

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

Assets

Down

$2,221,582

Down $109,935 (-4.7%) from 2018

Net Assets

Down

$2,122,037

Down $103,401 (-4.6%) from 2018

Liabilities

Down

$99,545

Down $6,534 (-6.2%) from 2018

Revenue

Down

$1,132,236

Down $200,533 (-15%) from 2018

Expenses

Down

$1,205,870

Down $21,480 (-1.8%) from 2018

Net Income

Down

-$73,634

Down $179,053 (-170%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,020,916Liabilities 2010: $248,257Net Assets 2010: $1,772,6592010Assets 2011: $2,181,329Liabilities 2011: $341,816Net Assets 2011: $1,839,5132011Assets 2012: $1,894,553Liabilities 2012: $170,623Net Assets 2012: $1,723,9302012Assets 2013: $2,152,926Liabilities 2013: $158,984Net Assets 2013: $1,993,9422013Assets 2014: $2,379,322Liabilities 2014: $96,784Net Assets 2014: $2,282,5382014Assets 2015: $2,122,468Liabilities 2015: $124,985Net Assets 2015: $1,997,4832015Assets 2016: $2,313,271Liabilities 2016: $94,413Net Assets 2016: $2,218,8582016Assets 2017: $2,314,416Liabilities 2017: $147,875Net Assets 2017: $2,166,5412017Assets 2018: $2,331,517Liabilities 2018: $106,079Net Assets 2018: $2,225,4382018Assets 2019: $2,221,582Liabilities 2019: $99,545Net Assets 2019: $2,122,0372019Assets 2020: $2,193,869Liabilities 2020: $207,086Net Assets 2020: $1,986,7832020Assets 2021: $2,286,998Liabilities 2021: $37,462Net Assets 2021: $2,249,5362021Assets 2022: $1,922,672Liabilities 2022: $0Net Assets 2022: $1,922,6722022Assets 2023: $1,751,239Liabilities 2023: $0Net Assets 2023: $1,751,2392023Assets 2024: $1,360,079Liabilities 2024: $0Net Assets 2024: $1,360,0792024Assets 2025: $1,427,554Liabilities 2025: $378,067Net Assets 2025: $1,049,4872025

Highlighted filing

2019

Assets$2,221,582
Liabilities$99,545
Net Assets$2,122,037

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $961,6192010Expenses 2011: $1,037,1172011Expenses 2012: $959,2682012Expenses 2013: $1,037,4632013Revenue 2014: $1,356,319Expenses 2014: $1,140,409Net Income 2014: $215,9102014Revenue 2015: $1,095,866Expenses 2015: $1,227,849Net Income 2015: -$131,9832015Revenue 2016: $1,293,604Expenses 2016: $1,215,635Net Income 2016: $77,9692016Revenue 2017: $1,026,229Expenses 2017: $1,175,001Net Income 2017: -$148,7722017Revenue 2018: $1,332,769Expenses 2018: $1,227,350Net Income 2018: $105,4192018Revenue 2019: $1,132,236Expenses 2019: $1,205,870Net Income 2019: -$73,6342019Revenue 2020: $1,022,602Expenses 2020: $1,153,170Net Income 2020: -$130,5682020Revenue 2021: $356,894Expenses 2021: $459,942Net Income 2021: -$103,0482021Revenue 2022: $340,474Expenses 2022: $626,413Net Income 2022: -$285,9392022Revenue 2023: $579,674Expenses 2023: $751,107Net Income 2023: -$171,4332023Revenue 2024: $545,445Expenses 2024: $936,605Net Income 2024: -$391,1602024Revenue 2025: $531,904Expenses 2025: $842,496Net Income 2025: -$310,5922025

Highlighted filing

2019

Revenue$1,132,236
Expenses$1,205,870
Net Income-$73,634
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Feb 24, 2020
Return Version
2018v3.1
Gross Receipts
$1,406,567
Mission and Program Overview

Mission

Mingo Creek Academy (MCA) is a new school meeting our areas critical need for boys and girls ages Pre-K 3 4 and 5. Located in the Rose Hill Community, this early education school will provide Georgetown and Williamsburg area children with transformational educational opportunities.

Provide supervision, counseling, recreation, and the necessities of life for boys who have been placed in the facility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,375,303$1,359,707▼ $15,596
Land, Buildings, and Equipment, Net$607,047$611,187▲ $4,140
Cash and Non-Interest-Bearing Accounts$214,410$154,652▼ $59,758
Pledges and Grants Receivable$36,254$1,033▼ $35,221
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,331,517$2,221,582▼ $109,935
Other Assets Total$98,503$95,003▼ $3,500
Liabilities
Accounts Payable and Accrued Expenses$98,579$84,543▼ $14,036
Other Liabilities$7,500$15,002▲ $7,502
Total Liabilities$106,079$99,545▼ $6,534
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,209,036$1,209,036→ $0
Unrestricted Net Assets$992,233$913,001▼ $79,232
Temporarily Rstr Net Assets$24,169--
Total Net Assets Fund Balance$2,225,438$2,122,037▼ $103,401
Total Liabilities and Net Assets / Fund Balance$2,331,517$2,221,582▼ $109,935

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$93,106$1,314,352$1,407,458
Leasehold Improvements$356,409$257,133$613,542
Other Land Buildings$105,906$211,827$317,733
Equipment$36,611$138,363$174,974
Land$19,155-$19,155

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,209,036-▲ $61,920$61,920$1,209,036
2017$1,209,036-▲ $89,608$89,608$1,209,036
2016$1,209,036-▲ $138,013$138,013$1,209,036
2015$1,209,036-▲ $170,391$170,391$1,209,036
2014$1,209,036-▲ $64,864$64,864$1,209,036
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James E DummExecutive DirectorFT$67,600$33,800$101,400

Board Members and Trustees

NameTitle
John KennyChairman
Ronald D ByrdVice Chair
A Ted QuantzBoard Member
Al JosephBoard Member
Bevelyn MitchellBoard Member
Christopher JohnBoard Member
Deborah ThomasBoard Member
Gregory L MitchellBoard Member
L T WilsonBoard Member
Tom WinslowBoard Member
Sam HodgesSecretary
Nathan Kaminski JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,070,076
Program Service Revenue
$0
Investment Income
$73,899
Other Revenue
$-11,739
All Other Contributions
$1,000,591
Change in Net Assets
$-73,634

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,132,236
Revenue Not Reported on Form 990
$-29,767
Total Revenue per Audited Statements
$1,102,469
Total Revenue per Form 990
$1,132,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$805,629
Other Expenses$400,241
Total Fundraising Expense$87,047
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$369,498$136,664-$506,162
Current Officers, Directors, Trustees, and Key Employees$74,359$27,040-$101,399
Other Employee Benefits$74,566$26,199-$100,765
All Other Expenses$79,818$6,186-$86,004
Depreciation Depletion$57,616--$57,616
Pension Plan Contributions$39,381$13,836-$53,217
Insurance$48,165--$48,165
Payroll Taxes$32,183$11,903-$44,086
Other Expenses$19,941$7,376$7,005$27,317
Fees for Services Other-$18,029-$18,029
Office Expenses$1,224$1,223$2,448$4,895
Interest-$1,582-$1,582
Travel-$465-$465
Total Functional Expenses$854,310$264,513$87,047$1,205,870

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,205,870
Total Expenses per Audited Statements$1,205,870
Total Expenses per Form 990$1,205,870
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$12,578
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Paddle Fest$59,800-$7,858-
Total Events$59,800-$12,578$-12,578
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
James E Dumm IIISon of Exe. Dir.Payment for MaintenanceNo$11,950

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$15,000
Rounding$2
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Bevelyn Mitchell and Gregory Mitchell are married.

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The organization has board members.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Decisions of the governing body must be approved by the board members at the board meetings. These meetings are held periodically throughout the fiscal year. The governing board is actively involved in the budgeting process.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed by James Dumm, Executive Director and the board of directors.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Two related parties are outstanding at the end of the fiscal year. A loan due from the Executive director is outstanding at year end. This loan was approved by the board members. Also, the executive director's son performs repairs and maint. to the Home throughout the year. It is considered an arm's length transaction.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation of James E Dumm, the Executive Director, is approved and reviewed on an annual basis by the board members.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The governing documents, policies, and financial statements are disclosed upon request.

Filing and Contact Details

Filer

Filer Name
Tara Hall Home for Boys
EIN
23-7111696
Phone
8435463000
Address
PO Box 955, Georgetown, SC 29442

Signing Officer

Name
John Kenny
Title
Chairman
Signed
2020-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James E Dumm
Formed
1973
Legal Domicile
Sc
Voting Board Members
12
Independent Board Members
12
Employees
18
Volunteers
6

Preparer

Firm
The Hobbs Group PA
Address
1704 Laurel Street, Columbia, SC 29201
Preparer
Will Stevens CPA
Phone
8037990555
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 1C - Reportable Payments

The organization had no reportable payments to a vendor requiring compliance with backup withholding rules, nor did they provide any reportable gaming, gambling, or winnings to a prize winner.

Financial Statement Notes

Part X : FIN48 Footnote

The Home has received a determination letter from the Internal Revenue Service (IRS) indicating it is a tax-exempt Organization under Section 501(c) (3) of the Internal Revenue Code and is subject to federal income tax only on unrelated business income. Management is not aware of any transactions which would jeopardize their tax-exempt status.Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Home and to recognize a tax liability (or asset) if the Home has taken an uncertain position that more likely than not would not be substantiated upon examination by the IRS. Management has analyzed the tax positions taken by the Home and has concluded that as of September 30, 2019 there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Home 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 fiscal years prior to 2015. U.S. state jurisdictions have statutes of limitations that generally range from three to five years. Currently no audits for any tax periods are in progress.

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IRS990/Form990PartVIISectionAGrp/PersonNm4Christopher John
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IRS990/Form990PartVIISectionAGrp/PersonNm8Ronald D Byrd
IRS990/Form990PartVIISectionAGrp/PersonNm9Nathan Kaminski Jr
IRS990/Form990PartVIISectionAGrp/PersonNm10John Kenny
IRS990/Form990PartVIISectionAGrp/PersonNm11Sam Hodges
IRS990/Form990PartVIISectionAGrp/PersonNm12James E Dumm
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IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt11Secretary
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IRS990/MinutesOfGoverningBodyInd0true
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OfficeExpensesGrp/ProgramServicesAmt01224
IRS990/OfficeExpensesGrp/TotalAmt04895
IRS990/OfficerMailingAddressInd0false
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IRS990/OperateHospitalInd0false
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IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt095003
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt026199
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt074566
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0100765
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IRS990/OtherExpensesGrp/Desc2Telephone and Postage
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IRS990/OtherExpensesGrp/FundraisingAmt17005
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014010
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17376
IRS990/OtherExpensesGrp/ProgramServicesAmt043549
IRS990/OtherExpensesGrp/ProgramServicesAmt114010
IRS990/OtherExpensesGrp/ProgramServicesAmt219941
IRS990/OtherExpensesGrp/TotalAmt077594
IRS990/OtherExpensesGrp/TotalAmt143549
IRS990/OtherExpensesGrp/TotalAmt235025
IRS990/OtherExpensesGrp/TotalAmt327317
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011903
IRS990/PayrollTaxesGrp/ProgramServicesAmt032183
IRS990/PayrollTaxesGrp/TotalAmt044086
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt013836
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt039381
IRS990/PensionPlanContributionsGrp/TotalAmt053217
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PYRevenuesLessExpensesAmt0105419
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0945405
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01016657
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt080485
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0212989
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt079209
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt07110
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0339
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt036150
IRS990ScheduleA/OtherIncome170Grp/TotalAmt044438
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IRS990ScheduleA/PublicSupportPY170Pct00.90760
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05424204
IRS990ScheduleA/TotalSupportAmt06024110
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.43$0.38$1.05$0.53$0.84$0.31
2024Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.55$0.94$0.39
2023Detailed filing. Detailed filing data is available for this year.$1.75$0.00$1.75$0.58$0.75$0.17
2022Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$0.34$0.63$0.29
2021Detailed filing. Detailed filing data is available for this year.$2.29$0.04$2.25$0.36$0.46$0.10
2020Detailed filing. Detailed filing data is available for this year.$2.19$0.21$1.99$1.02$1.15$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.22$0.10$2.12$1.13$1.21$0.07
2018Detailed filing. Detailed filing data is available for this year.$2.33$0.11$2.23$1.33$1.23$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.31$0.15$2.17$1.03$1.18$0.15
2016Detailed filing. Detailed filing data is available for this year.$2.31$0.09$2.22$1.29$1.22$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.12$0.12$2.00$1.10$1.23$0.13
2014Detailed filing. Detailed filing data is available for this year.$2.38$0.10$2.28$1.36$1.14$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.16$1.99$1.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.17$1.72$0.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$0.34$1.84$1.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$0.25$1.77$0.96