Civic Intelligence

Primary Source Learning Inc

990 • Fiscal year 2017 • EIN 26-0237128

Oct 01, 2016 to Sep 30, 2017 • Filed on Jan 29, 2018

131 Park Street NEVienna, VA 22180

(703) 294-6270

Siviq Scores

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

Liabilities / Assets

97th percentile

1.99x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

34th percentile

-2.7%

Higher net margin than 34% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

98th percentile

$116,254

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 38.9% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

13th percentile

-36%

Faster asset growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

43rd percentile

-2.9%

Faster revenue growth than 43% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$13,143

Down $7,380 (-36%) from 2016

Net Assets

Down

-$13,007

Down $8,166 (-169%) from 2016

Liabilities

Up

$26,150

Up $786 (+3.1%) from 2016

Revenue

Down

$299,000

Down $9,000 (-2.9%) from 2016

Expenses

Down

$307,166

Down $6,265 (-2.0%) from 2016

Net Income

Down

-$8,166

Down $2,735 (-50%) from 2016

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0-$20KAssets 2011: $22,528Liabilities 2011: $2,534Net Assets 2011: $19,9942011Assets 2012: $45,185Liabilities 2012: $2,970Net Assets 2012: $42,2152012Assets 2013: $22,091Liabilities 2013: $4,493Net Assets 2013: $17,5982013Assets 2014: $22,516Liabilities 2014: $12,580Net Assets 2014: $9,9362014Assets 2015: $26,912Liabilities 2015: $26,322Net Assets 2015: $5902015Assets 2016: $20,523Liabilities 2016: $25,364Net Assets 2016: -$4,8412016Assets 2017: $13,143Liabilities 2017: $26,150Net Assets 2017: -$13,0072017Assets 2018: $19,425Liabilities 2018: $25,821Net Assets 2018: -$6,3962018Assets 2019: $18,022Liabilities 2019: $20,030Net Assets 2019: -$2,0082019Assets 2020: $7,256Liabilities 2020: $21,951Net Assets 2020: -$14,6952020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2017

Assets$13,143
Liabilities$26,150
Net Assets-$13,007

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2011: $270,1932011Expenses 2012: $269,2922012Expenses 2013: $349,6392013Revenue 2014: $327,150Expenses 2014: $334,812Net Income 2014: -$7,6622014Revenue 2015: $333,350Expenses 2015: $342,696Net Income 2015: -$9,3462015Revenue 2016: $308,000Expenses 2016: $313,431Net Income 2016: -$5,4312016Revenue 2017: $299,000Expenses 2017: $307,166Net Income 2017: -$8,1662017Revenue 2018: $323,500Expenses 2018: $316,889Net Income 2018: $6,6112018Revenue 2019: $307,000Expenses 2019: $302,612Net Income 2019: $4,3882019Revenue 2020: $276,000Expenses 2020: $288,687Net Income 2020: -$12,6872020Revenue 2021: $281,974Expenses 2021: $267,279Net Income 2021: $14,6952021

Highlighted filing

2017

Revenue$299,000
Expenses$307,166
Net Income-$8,166
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Jan 29, 2018
Return Version
2016v3.0
Gross Receipts
$299,000
Mission and Program Overview

Mission

Primary Source Learning (also TPSVA) implements the Teaching with Primary Sources program of the Library of Congress for Virginia. The participants of this program are Pre-K through college educators and administrators throughout the states who attend free professional development workshops, presentations, and courses utilizing the extensive digital primary sources of the Library of Congress. In connecting teachers to the Library of Congress, TPSVA supports its programs and mission by instructing teachers in accessing the online instructional resources of the Nation's library.

Primary source learning (also tpsnva) implements the teaching with primary sources program of the library of congress for virginia. The participants of this program are pre-k through 16 educators and administrators throughout the states who attend free professional development workshops, presentations and courses utilizing the extensive digital primary sources of the library of congress. In connecting teachers to the library of congress, tpsnva supports its programs and mission by instructing teachers in accessing the online instructional resources of the nation's library.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,553$5,518▲ $1,965
Prepaid Expenses and Deferred Charges$12,839$5,063▼ $7,776
Land, Buildings, and Equipment, Net$2,830$1,887▼ $943
Accounts Receivable$626--
Total Assets$20,523$13,143▼ $7,380
Other Assets Total$675$675→ $0
Liabilities
Accounts Payable and Accrued Expenses$25,364$26,150▲ $786
Total Liabilities$25,364$26,150▲ $786
Net Assets / Fund Balance
Unrestricted Net Assets$-4,841$-13,007▼ $8,166
Total Net Assets Fund Balance$-4,841$-13,007▼ $8,166
Total Liabilities and Net Assets / Fund Balance$20,523$13,143▼ $7,380

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,887$2,829$4,716
Other Land Buildings$0--
Other Assets Org$675--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sherry LevittExecutive DirectorFT$108,810$7,444$116,254
Cynthia SzwajkowskiAssistant DirectorPT$76,950$4,888$81,838

Board Members and Trustees

NameTitle
Sarah WhelanChair
Cathy Bonneville HixDirector
Dat LeDirector
Kirsten MaloneyDirector
Lisa HighDirector
Noel KlimenkoDirector
Robert SmithDirector
Tracy RobertsonDirector
Jodie PetersSecretary
Jeanne SeabridgeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$299,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-8,166
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$217,842
Other Expenses$89,324
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$182,905$20,325-$203,230
Fees for Services Other$33,713$3,335-$37,048
Fees for Services Accounting$21,919$2,435-$24,354
Payroll Taxes$13,151$1,461-$14,612
Occupancy$7,797$866-$8,663
Conferences and Meetings$4,204$468-$4,672
Insurance$2,401$267-$2,668
Other Expenses$1,250$139-$1,389
All Other Expenses$1,110$17-$1,127
Depreciation Depletion$849$94-$943
Office Expenses$544$46-$590
Total Functional Expenses$274,938$32,228$0$307,166
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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

Form 990 is reviewed by the board of directors.

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

The organization monitors the conflict of interest policy on an annual basis.

Form 990, Part VI, Section B, Line 15

The board votes to approve any changes to compensation for the executive director and assistant director.

Form 990, Part VI, Section C, Line 19

Primary source learning makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Primary Source Learning Inc
EIN
26-0237128
Phone
7032946270
Address
131 PARK STREET NE, VIENNA, VA 22180

Signing Officer

Name
Sherry Levitt
Title
Executive Director
Phone
7032946270
Signed
2018-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sherry Levitt
Formed
2003
Legal Domicile
Va
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
0

Preparer

Firm
Kositzka Wicks and Company
Address
5270 SHAWNEE ROAD SUITE 250, ALEXANDRIA, VA 22312
Preparer
Stephen G Travis CPA
Phone
7036422700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

It consultant: program service expenses 10,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,000. Professional consultant: program service expenses 23,713. Management and general expenses 2,635. Fundraising expenses 0. Total expenses 26,348. Stipends: program service expenses 0. Management and general expenses 700. Fundraising expenses 0. Total expenses 700.

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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0308000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt097541
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-5431
IRS990/PYSalariesCompEmpBnftPaidAmt0215890
IRS990/PYTotalExpensesAmt0313431
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0308000
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-8166
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0299000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0308000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0333350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0327150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0325022
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01592522
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01592522
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0299000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0308000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0333350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0327150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0325022
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01592522
IRS990ScheduleA/TotalSupportAmt01592522
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/EquipmentGrp/BookValueAmt01887
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02829
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04716
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0675
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01887
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0675
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MONITORS THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD VOTES TO APPROVE ANY CHANGES TO COMPENSATION FOR THE EXECUTIVE DIRECTOR AND ASSISTANT DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIMARY SOURCE LEARNING MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IT CONSULTANT: PROGRAM SERVICE EXPENSES 10,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,000. PROFESSIONAL CONSULTANT: PROGRAM SERVICE EXPENSES 23,713. MANAGEMENT AND GENERAL EXPENSES 2,635. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,348. STIPENDS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 700. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 700.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt020523
IRS990/TotalAssetsEOYAmt013143
IRS990/TotalAssetsGrp/BOYAmt020523
IRS990/TotalAssetsGrp/EOYAmt013143
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0299000
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032228
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0274938
IRS990/TotalFunctionalExpensesGrp/TotalAmt0307166
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025364
IRS990/TotalLiabilitiesEOYAmt026150
IRS990/TotalLiabilitiesGrp/BOYAmt025364
IRS990/TotalLiabilitiesGrp/EOYAmt026150
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-4841
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-13007
IRS990/TotalOtherCompensationAmt012332
IRS990/TotalProgramServiceExpensesAmt0274938
IRS990/TotalReportableCompFromOrgAmt0185760
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0299000
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt020523
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013143
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-4841
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-13007
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0131 PARK STREET NE
IRS990/USAddress/CityNm0VIENNA
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022180
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.TPSNVA.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHERRY LEVITT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07032946270
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PRIMARY SOURCE LEARNING INC
ReturnHeader/Filer/BusinessNameControlTxt0PRIM
ReturnHeader/Filer/EIN0260237128
ReturnHeader/Filer/PhoneNum07032946270
ReturnHeader/Filer/USAddress/AddressLine1Txt0131 PARK STREET NE
ReturnHeader/Filer/USAddress/CityNm0VIENNA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022180
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AAD21BD956A9522B6C2C0E39A34423EEF249B314
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0FD94C2E867034FD569DD2D3AF9B1C54773BAEBC8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02018-01-29
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm017:13:55
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541342298
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KOSITZKA WICKS AND COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05270 SHAWNEE ROAD SUITE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALEXANDRIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022312

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