Civic Intelligence

Pa Education Association

990 • Fiscal year 2019 • EIN 23-7198463

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 08, 2020

655 K Street NW No 700Washington, DC 20001

(703) 548-5538

Siviq Scores

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

Liabilities / Assets

49th percentile

0.19x

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

54th percentile

0.26x

Higher debt load relative to revenue than 54% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

18th percentile

-8.5%

Higher net margin than 18% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

79th percentile

$307,521

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

30th percentile

-0.9%

Faster asset growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

64th percentile

8.8%

Faster revenue growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$13,881,289

Down $129,598 (-0.9%) from 2018

Net Assets

Down

$11,180,159

Down $665,291 (-5.6%) from 2018

Liabilities

Up

$2,701,130

Up $535,693 (+25%) from 2018

Revenue

Up

$10,250,265

Up $824,852 (+8.8%) from 2018

Expenses

Up

$11,121,801

Up $2,213,182 (+25%) from 2018

Net Income

Down

-$871,536

Down $1,388,330 (-269%) from 2018

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2013: $7,334,656Liabilities 2013: $1,778,730Net Assets 2013: $5,555,9262013Assets 2014: $8,552,247Liabilities 2014: $918,525Net Assets 2014: $7,633,7222014Assets 2015: $10,302,018Liabilities 2015: $2,014,357Net Assets 2015: $8,287,6612015Assets 2016: $11,197,073Liabilities 2016: $2,232,282Net Assets 2016: $8,964,7912016Assets 2017: $13,160,087Liabilities 2017: $2,269,226Net Assets 2017: $10,890,8612017Assets 2018: $14,010,887Liabilities 2018: $2,165,437Net Assets 2018: $11,845,4502018Assets 2019: $13,881,289Liabilities 2019: $2,701,130Net Assets 2019: $11,180,1592019Assets 2020: $14,503,938Liabilities 2020: $2,545,871Net Assets 2020: $11,958,0672020Assets 2021: $20,449,567Liabilities 2021: $2,021,343Net Assets 2021: $18,428,2242021Assets 2022: $20,841,846Liabilities 2022: $2,557,640Net Assets 2022: $18,284,2062022Assets 2023: $22,173,397Liabilities 2023: $3,169,069Net Assets 2023: $19,004,3282023Assets 2024: $24,445,339Liabilities 2024: $2,665,996Net Assets 2024: $21,779,3432024Assets 2025: $30,097,455Liabilities 2025: $4,686,486Net Assets 2025: $25,410,9692025

Highlighted filing

2019

Assets$13,881,289
Liabilities$2,701,130
Net Assets$11,180,159

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2013: $4,059,2492013Revenue 2014: $6,013,960Expenses 2014: $4,600,598Net Income 2014: $1,413,3622014Revenue 2015: $7,554,708Expenses 2015: $6,561,903Net Income 2015: $992,8052015Revenue 2016: $8,324,049Expenses 2016: $7,475,329Net Income 2016: $848,7202016Revenue 2017: $8,939,637Expenses 2017: $7,662,020Net Income 2017: $1,277,6172017Revenue 2018: $9,425,413Expenses 2018: $8,908,619Net Income 2018: $516,7942018Revenue 2019: $10,250,265Expenses 2019: $11,121,801Net Income 2019: -$871,5362019Revenue 2020: $11,390,915Expenses 2020: $10,487,084Net Income 2020: $903,8312020Revenue 2021: $13,289,693Expenses 2021: $9,529,012Net Income 2021: $3,760,6812021Revenue 2022: $12,897,377Expenses 2022: $10,753,869Net Income 2022: $2,143,5082022Revenue 2023: $14,468,657Expenses 2023: $14,576,134Net Income 2023: -$107,4772023Revenue 2024: $16,569,830Expenses 2024: $15,346,355Net Income 2024: $1,223,4752024Revenue 2025: $18,322,109Expenses 2025: $15,487,293Net Income 2025: $2,834,8162025

Highlighted filing

2019

Revenue$10,250,265
Expenses$11,121,801
Net Income-$871,536
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 8, 2020
Return Version
2018v3.2
Gross Receipts
$11,901,284
Mission and Program Overview

Mission

Advancing excellence in pa education through leadership, scholarship, equity, and inclusion.

To pursue excellence, foster faculty development, advance the body of knowledge that defines quality education and patient-centered care, and promote diversity in all aspects of physician assistant education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,943,837$10,664,014▼ $279,823
Accounts Receivable$1,538,758$1,285,292▼ $253,466
Cash and Non-Interest-Bearing Accounts$676,031$1,100,067▲ $424,036
Land, Buildings, and Equipment, Net$501,463$408,946▼ $92,517
Prepaid Expenses and Deferred Charges$304,143$380,395▲ $76,252
Total Assets$14,010,887$13,881,289▼ $129,598
Other Assets Total$46,655$42,575▼ $4,080
Liabilities
Accounts Payable and Accrued Expenses$609,872$1,112,342▲ $502,470
Other Liabilities$991,859$887,902▼ $103,957
Deferred Revenue$563,706$700,886▲ $137,180
Total Liabilities$2,165,437$2,701,130▲ $535,693
Net Assets / Fund Balance
Unrestricted Net Assets$11,598,552$10,924,854▼ $673,698
Temporarily Rstr Net Assets$162,464$170,871▲ $8,407
Permanently Rstr Net Assets$84,434$84,434→ $0
Total Net Assets Fund Balance$11,845,450$11,180,159▼ $665,291
Total Liabilities and Net Assets / Fund Balance$14,010,887$13,881,289▼ $129,598

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$294,275$943,778$1,238,053
Equipment$114,671$245,089$359,760

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$184,434-▲ $4,925-$189,359
2017$180,828-▲ $3,606-$184,434
2016$169,373-▲ $11,455-$180,828
2015$181,528--$12,155$169,373
2014$171,934$28,765-$19,171$181,528
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Timi Agar BarwickCEOFT$257,253$50,268$307,521
Sara FletcherVP & Chief LFT$189,121$49,057$238,178
Sara FletcherVP & Chief Learning-$189,121$49,057$238,178
Dave KeaheyChief PolicyFT$161,830$41,347$203,177
Dave KeaheyChief Policy & Res.-$161,830$41,347$203,177
Karen J HillsChief, Educ.FT$159,899$34,931$194,830
Karen J HillsChief, Educ. Develop-$159,899$34,931$194,830
Olivia ZieglerChief AssessFT$155,186$32,884$188,070
Olivia ZieglerChief Assessment-$155,186$32,884$188,070
Mary Jo AndersonCFOFT$135,029$23,628$173,364
Charles LaneSn Director StratFT$115,457$11,189$126,646
Sean StickleVP & Chief S-$111,659$1,338$112,997
Sean StickleVP & Chief Strategy-$111,659$16,045$112,997

Board Members and Trustees

NameTitle
Jonathan BowserPresident
Howard StrakerPresident El
Dipu PatelDirector at
Gerald KayingoDirector at
Kara L CaruthersDirector at
Kevin M SchuerDirector at
Michel StatlerDirector at
Mike RoscoeDirector at
Lisa Mustone AlexanderImmediate Pa
Janie McdanielSecretary
Kathleen HolecStudent Memb
Carl GarrubbaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Covington & Burling LLPLegal850 TENTH STREET NW, Washington, DC 20001$122,938
Revenue and Support

Revenue Composition

Contributions and Grants
$208,152
Program Service Revenue
$9,657,431
Investment Income
$337,065
Other Revenue
$47,617
All Other Contributions
$208,152
Change in Net Assets
$-871,536

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,195,434
Revenue Not Reported on Financial Statements
$54,831
Revenue Not Reported on Form 990
$206,245
Total Revenue per Audited Statements
$10,401,679
Total Revenue per Form 990
$10,250,265
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,996,196
Salaries, Compensation, and Employee Benefits$4,906,838
Grants and Similar Amounts Paid$218,767
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,811,673$1,848,329-$3,660,002
Fees for Services Other$1,041,551$355,127-$1,396,678
Travel$506,114$391,875-$897,989
Information Technology$440,097$383,055-$823,152
Occupancy$220,888$253,221-$474,109
Other Employee Benefits-$401,284-$401,284
Current Officers, Directors, Trustees, and Key Employees$152,221$155,300-$307,521
Depreciation Depletion$140,932$161,561-$302,493
Payroll Taxes$143,324$149,231-$292,555
All Other Expenses$182,124$89,367-$271,491
Pension Plan Contributions-$245,476-$245,476
Grants to Domestic Orgs$218,767--$218,767
Fees for Services Legal$155,102$54,344-$209,446
Office Expenses$109,562$50,825-$160,387
Fees for Services Accounting-$126,810-$126,810
Other Expenses$101,611$5,027-$101,611
Conferences and Meetings$91,314--$91,314
Fees for Services Lobbying$63,731--$63,731
Fees for Service Investment Mgmnt Fees-$54,831-$54,831
Advertising$29,359$19-$29,378
Insurance$5,546$3,785-$9,331
Total Functional Expenses$6,137,289$4,984,512$0$11,121,801

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$11,121,801
Expenses per Audited Statements$11,066,970
Total Expenses per Audited Statements$11,066,970
Expenses Not Reported on Financial Statements$54,831
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Duke UniversityCharlotte, NC501c3Research/education$57,000
George Washington UniversityWashington, DC501c3Research/education$49,999
Augsburg UniversityMinneapolis, MN501c3Research/education$25,000
Bethel UniversitySt Paul, MN501c3Research/education$25,000
Northen Arizona UniversityFlagstaff, AZ501c3Research/education$24,200
Shenandoah UniversityWinchester, VA501c3Research/education$23,568
University of UtahSalt Lake City, UT501c3Research/education$14,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Lease Benefit$468,608
Deferred Construction Allowance$419,294
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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, Page 6, Part VI, Line 11B

The form 990 is reviewed and approved by the organization's audit committee with a copy sent to the board of directors to review prior to filing.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is signed by all members of the board of directors and all advisory board members annually. These are maintained by the association and monitored by the ceo, governance & ethics board and board of directors as described in the policy and procedures manual.

Form 990, Page 6, Part VI, Line 15A

The board of directors reviews salaries and benefits annually during a formal evaluation process. Per the association's policy manual, the association establishes that in its compensation philosophy that it will target its employee compensation and benefits at the median of the market with the ability to pay above that range in cases of strong performance and increased tenure. The market is defined as organizations similar to paea in size, type of mission, budget and geographic area. Benchmarking is conducted primarily through salary survey reviews of comparable organizations, however periodically a compensation consultant will be utilized.

Form 990, Page 6, Part VI, Line 19

The association makes its governing documents and conflict of interest policy available to the public and certain portions of the financial statements are available to the public through the organization's business book which is available on the organization's website.

Filing and Contact Details

Filer

Filer Name
Physician Assistant Education
EIN
23-7198463
Phone
7035485538
Address
655 K STREET NW NO 700, WASHINGTON, DC 20001

Signing Officer

Name
Mary Jo Bondy
Title
CEO
Phone
7035485538
Signed
2020-07-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Jo Bondy
Formed
1974
Legal Domicile
Dc
Voting Board Members
12
Independent Board Members
12
Employees
45
Volunteers
190

Preparer

Firm
Deleon & Stang Cpas and Advisors
Address
100 LAKEFOREST BLVD STE 650, GAITHERSBURG, MD 20877-2609
Preparer
Clint Lehman CPA
Phone
3019489825
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting fees 946,454 165,711 0 professional fees 87,215 347 0 recruitment and hr services 1,025 181,209 0 payroll processing fees 6,857 7,860 0 total 1,041,551 355,127 0

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The intended uses of the association's endowment funds are for awards for research related to physician assistant education and practice.

Schedule D, Page 3, Part X

The association complies with the provisions of fasb's accounting standards codification topic accounting for uncertainty in income taxes. For the years ended june 30, 2019 and 2018, no unrecognized tax provisions or benefits exists. For tax purposes, the associations open fiscal years are tax years 2016-2018.

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