Civic Intelligence

Laurel Academy Inc.

990EZ • Fiscal year 2023 • EIN 25-1880421

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 01, 2024

Organization ProfileN/A
435 Main StreetBellwood, PA 16617-2131

(814) 742-0858

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.03x

Higher debt load relative to assets than 73% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

0.41x

Higher debt load relative to revenue than 91% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

16th percentile

-27%

Higher net margin than 16% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$12,480

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 37.2% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

43rd percentile

-2.1%

Faster asset growth than 43% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

9th percentile

-56%

Faster revenue growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$429,061

Down $9,168 (-2.1%) from 2022

Net Assets

Down

$415,361

Down $9,117 (-2.1%) from 2022

Liabilities

Down

$13,700

Down $51 (-0.4%) from 2022

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin16th percentile

Revenue

Down

$33,582

Down $42,765 (-56%) from 2022

Expenses

Down

$42,699

Down $15,992 (-27%) from 2022

Net Income

Down

-$9,117

Down $26,773 (-152%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$600K$400K$200K$0Assets 2014: $285,548Liabilities 2014: $11,808Net Assets 2014: $273,7402014Assets 2015: $283,676Liabilities 2015: $12,086Net Assets 2015: $271,5902015Assets 2016: $302,232Liabilities 2016: $12,237Net Assets 2016: $289,9952016Assets 2017: $316,024Liabilities 2017: $12,408Net Assets 2017: $303,6162017Assets 2018: $325,129Liabilities 2018: $12,753Net Assets 2018: $312,3762018Assets 2019: $337,462Liabilities 2019: $13,078Net Assets 2019: $324,3842019Assets 2020: $358,796Liabilities 2020: $12,938Net Assets 2020: $345,8582020Assets 2021: $420,057Liabilities 2021: $13,235Net Assets 2021: $406,8222021Assets 2022: $438,229Liabilities 2022: $13,751Net Assets 2022: $424,4782022Assets 2023: $429,061Liabilities 2023: $13,700Net Assets 2023: $415,3612023

Highlighted filing

2023

Assets$429,061
Liabilities$13,700
Net Assets$415,361
Open 2023 Filing

Operations Trend

Revenue Growth9th percentile

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

$100K$50K$0-$50KRevenue 2014: $35,088Expenses 2014: $13,183Net Income 2014: $21,9052014Revenue 2015: $16,512Expenses 2015: $18,662Net Income 2015: -$2,1502015Revenue 2016: $33,569Expenses 2016: $15,164Net Income 2016: $18,4052016Revenue 2017: $29,026Expenses 2017: $15,405Net Income 2017: $13,6212017Revenue 2018: $26,661Expenses 2018: $17,901Net Income 2018: $8,7602018Revenue 2019: $32,942Expenses 2019: $20,934Net Income 2019: $12,0082019Revenue 2020: $41,263Expenses 2020: $19,789Net Income 2020: $21,4742020Revenue 2021: $83,363Expenses 2021: $22,399Net Income 2021: $60,9642021Revenue 2022: $76,347Expenses 2022: $58,691Net Income 2022: $17,6562022Revenue 2023: $33,582Expenses 2023: $42,699Net Income 2023: -$9,1172023

Highlighted filing

2023

Revenue$33,582
Expenses$42,699
Net Income-$9,117
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 1, 2024
Return Version
2023v4.0
Gross Receipts
$33,582
Mission and Program Overview

Mission

Provide education and development skills to the children of bellwood

Program Services

DescriptionGrantsExpenses
PROVIDE EDUCATION AND DEVELOPMENT SKILLS TO THE CHILDREN OF BELLWOOD$0$0
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRENDA L FLAUGH-TALKOPresidentPT$12,480-$12,480
ANGELA M WHETSTINEDirector-$0--
KATHRYN C HARPSTERDirector-$0--
CHRISTINE GONDERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Laurel Academy Inc
EIN
25-1880421
Phone
8147420858
Address
435 MAIN STREET, BELLWOOD, PA 16617-2131

Signing Officer

Name
Brenda L Flaugh-talko
Title
President
Phone
8147420858
Signed
2024-03-01
Discuss with paid preparer
Yes

Preparer

Firm
Sickler Tarpey & Associates
Address
227 JEFFERSON AVENUE, TYRONE, PA 16686
Preparer
Jennifer Murphy
Phone
8146844640
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: office. Amount: 2108. Description: auto. Amount: 421. Description: payroll taxes. Amount: 1895. Description: supplies. Amount: 3309. Total to form 990-ez, line 16: 7733.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: notes receivable. Beg. Of year amount: 129000. End of year amount: 129000.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable. Beg. Of year amount: 12633. End of year amount: 12633. Description: payroll liabilities. Beg. Of year amount: 1118. End of year amount: 1067.”

Raw XML Appendix154 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BRENDA L FLAUGH-TALKO
IRS990EZ/BooksInCareOfDetail/PhoneNum08147420858
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0435 MAIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BELLWOOD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd016617
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0309229
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0300061
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-9117
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0240
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0438229
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0429061
IRS990EZ/GrossReceiptsAmt033582
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0424478
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0415361
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0424478
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0415361
IRS990EZ/OccupancyRentUtltsAndMaintAmt013440
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt012480
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRENDA L FLAUGH-TALKO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANGELA M WHETSTINE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KATHRYN C HARPSTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHRISTINE GONDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0129000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0129000
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt07733
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE EDUCATION AND DEVELOPMENT SKILLS TO THE CHILDREN OF BELLWOOD
IRS990EZ/ProgramServiceRevenueAmt033582
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE EDUCATION AND DEVELOPMENT SKILLS TO THE CHILDREN OF BELLWOOD
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt021286
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd01
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0PA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt013751
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt013700
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt042699
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt033582
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/SchoolInd0X
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OFFICE. AMOUNT: 2108. DESCRIPTION: AUTO. AMOUNT: 421. DESCRIPTION: PAYROLL TAXES. AMOUNT: 1895. DESCRIPTION: SUPPLIES. AMOUNT: 3309. TOTAL TO FORM 990-EZ, LINE 16: 7733.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: NOTES RECEIVABLE. BEG. OF YEAR AMOUNT: 129000. END OF YEAR AMOUNT: 129000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 12633. END OF YEAR AMOUNT: 12633. DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 1118. END OF YEAR AMOUNT: 1067.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRENDA L FLAUGH-TALKO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08147420858
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAUREL ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0LAUR
ReturnHeader/Filer/EIN0251880421
ReturnHeader/Filer/PhoneNum08147420858
ReturnHeader/Filer/USAddress/AddressLine1Txt0435 MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0BELLWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd0166172131
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460722692
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SICKLER TARPEY & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0227 JEFFERSON AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TYRONE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd016686
ReturnHeader/PreparerPersonGrp/PhoneNum08146844640
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JENNIFER MURPHY
ReturnHeader/ReturnTs02024-03-08T05:52:01-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRENDA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FLAUGH-TALKO
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$429,061
Liabilities
$13,700
Net assets
$415,361
Revenue
$33,582
Expenses
$42,699
Net income
-$9,117
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$4.29$0.14$4.15$0.34$0.43$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.38$0.14$4.24$0.76$0.59$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.20$0.13$4.07$0.83$0.22$0.61
2020Detailed filing. Detailed filing data is available for this year.$3.59$0.13$3.46$0.41$0.20$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.37$0.13$3.24$0.33$0.21$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.25$0.13$3.12$0.27$0.18$0.09
2017Detailed filing. Detailed filing data is available for this year.$3.16$0.12$3.04$0.29$0.15$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.02$0.12$2.90$0.34$0.15$0.18
2015Detailed filing. Detailed filing data is available for this year.$2.84$0.12$2.72$0.17$0.19$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.86$0.12$2.74$0.35$0.13$0.22