Civic Intelligence

Norris Square Education Corporation

EIN 26-1297642 • 501(c)3 • Philadelphia, PA

Profile

To engage in community development activities in the norris square neighborhood and specifically to own and develop the former st. Boniface church complex, a large blighted property in the heart of the community.

174 Diamond StreetPhiladelphia, PA 19122

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.89x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

100th percentile

97.47x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

1st percentile

-1119%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$195,321

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 908.5% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

28th percentile

-3.4%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-35%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,341,564

Down $82,342 (-3.4%) from 2023

Liabilities

Up

$2,095,451

Up $158,200 (+8.2%) from 2023

Net Assets

Down

$246,113

Down $240,542 (-49%) from 2023

Revenue

Down

$21,499

Down $11,463 (-35%) from 2023

Expenses

Up

$262,041

Up $31,412 (+14%) from 2023

Net Income

Down

-$240,542

Down $42,875 (-22%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $1,031,755Liabilities 2011: $862,165Net Assets 2011: $169,5902011Assets 2012: $1,533,716Liabilities 2012: $1,279,546Net Assets 2012: $254,1702012Assets 2015: $2,968,594Liabilities 2015: $1,206,504Net Assets 2015: $1,762,0902015Assets 2016: $2,974,966Liabilities 2016: $1,166,772Net Assets 2016: $1,808,1942016Assets 2017: $2,722,833Liabilities 2017: $1,065,563Net Assets 2017: $1,657,2702017Assets 2018: $2,657,852Liabilities 2018: $1,038,985Net Assets 2018: $1,618,8672018Assets 2019: $2,567,379Liabilities 2019: $1,077,470Net Assets 2019: $1,489,9092019Assets 2020: $2,499,500Liabilities 2020: $1,411,209Net Assets 2020: $1,088,2912020Assets 2021: $2,459,315Liabilities 2021: $1,606,352Net Assets 2021: $852,9632021Assets 2022: $2,456,010Liabilities 2022: $1,771,688Net Assets 2022: $684,3222022Assets 2023: $2,423,906Liabilities 2023: $1,937,251Net Assets 2023: $486,6552023Assets 2024: $2,341,564Liabilities 2024: $2,095,451Net Assets 2024: $246,1132024

Highlighted filing

2024

Assets$2,341,564
Liabilities$2,095,451
Net Assets$246,113

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$500K$0-$500KExpenses 2011: $6,5932011Expenses 2012: $14,2972012Revenue 2015: $311,823Expenses 2015: $327,390Net Income 2015: -$15,5672015Revenue 2016: $390,419Expenses 2016: $344,315Net Income 2016: $46,1042016Revenue 2017: $84,022Expenses 2017: $234,946Net Income 2017: -$150,9242017Revenue 2018: $80,353Expenses 2018: $118,756Net Income 2018: -$38,4032018Revenue 2019: $26,259Expenses 2019: $155,217Net Income 2019: -$128,9582019Revenue 2020: $17,891Expenses 2020: $419,509Net Income 2020: -$401,6182020Revenue 2021: $9,559Expenses 2021: $244,887Net Income 2021: -$235,3282021Revenue 2022: $13,643Expenses 2022: $182,284Net Income 2022: -$168,6412022Revenue 2023: $32,962Expenses 2023: $230,629Net Income 2023: -$197,6672023Revenue 2024: $21,499Expenses 2024: $262,041Net Income 2024: -$240,5422024

Highlighted filing

2024

Revenue$21,499
Expenses$262,041
Net Income-$240,542

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 14, 2025
Return Version
2023v6.0
Gross Receipts
$21,499
Mission and Program Overview

Mission

To engage in community development activities in the norris square neighborhood and specifically to own and develop the former st. Boniface church complex, a large blighted property in the heart of the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,381,899$2,363,694▼ $18,205
Accounts Receivable$1,356$4,674▲ $3,318
Intangible Assets$490$0▼ $490
Cash and Non-Interest-Bearing Accounts$40,161$-26,804▼ $66,965
Total Assets$2,423,906$2,341,564▼ $82,342
Liabilities
Other Liabilities$1,902,422$2,060,520▲ $158,098
Accounts Payable and Accrued Expenses$34,829$34,931▲ $102
Total Liabilities$1,937,251$2,095,451▲ $158,200
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$486,655$246,113▼ $240,542
Total Net Assets Fund Balance$486,655$246,113▼ $240,542
Total Liabilities and Net Assets / Fund Balance$2,423,906$2,341,564▼ $82,342

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,363,694$860,189$3,223,883
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Jesse HuntingVP of Finance and Real EstatePT$124,016$124,016

Board Members and Trustees

NameTitle
Joseph P HowardPresident
Maria SourbeerDirector
Sandra Carrion-foyDirector
Noemi RiveraDirector (eff Dec 2023)
Michelle CarreraCEO-xiente
Wilfredo RojasTreasurer (thru Dec 2023)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$21,499
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-240,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$158,098
Other Expenses$103,943
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$99,809--$99,809
Depreciation Depletion$82,479$490-$82,969
Current Officers, Directors, Trustees, and Key Employees-$46,240-$46,240
Insurance$16,149$853-$17,002
Payroll Taxes$8,234$3,815-$12,049
Fees for Services Other$3,462--$3,462
Occupancy$508--$508
Office Expenses$2--$2
Total Functional Expenses$210,643$51,398$0$262,041
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$2,060,172
Tenant Security Deposits$348
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The management activities of nsec are conducted by personnel from xiente.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by a 3rd party accounting firm under the supervision of management. Once a draft of the form 990 is ready, it is submitted to the full board for review and approval before filing.

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

If a potential conflict arises, the executive committee reviews the pertinent information and makes a recommendation to the full board. The affected board member does not participate in the decision.

Form 990, Part VI, Section B, Line 15A

All compensation is paid through xiente, a related entity listed on schedule r. On a periodic basis, the board of directors of xiente reviews top management compensation by reviewing comparable data from similar organizations.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Norris Square Education Corporation
EIN
26-1297642
Phone
2154268723
Address
174 DIAMOND STREET, PHILADELPHIA, PA 19122

Signing Officer

Name
Michelle Carrera
Title
Executive Director
Phone
2154268734
Signed
2025-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Carrera
Formed
1982
Legal Domicile
Pa
Voting Board Members
4
Independent Board Members
4
Employees
7
Volunteers
5

Preparer

Firm
Eisner Advisory Group LLC
Address
130 NORTH 18TH STREET SUITE 3000, PHILADELPHIA, PA 19103-2757
Preparer
Helen M Martin
Phone
2158818800
Supplemental Narrative

Additional Explanations

FORM 990, PART V, LINE 2B:

All payroll is paid by and employment tax returns are filed by related entity xiente and charged to the organization through a due to/due from account.

Raw XML AppendixShowing 400 of 417 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.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02363694
IRS990ScheduleD/TotalLiabilityAmt02060520
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt023277
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0155176
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt05968
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt010900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHELLE CARRERA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO-XIENTE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0195321
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE DIRECTOR COMPENSATION IS PAID BY THE RELATED ENTITY NORRIS SQUARE COMMUNITY ALLIANCE AND IS ESTABLISHED WITH APPROVAL BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL PAYROLL IS PAID BY AND EMPLOYMENT TAX RETURNS ARE FILED BY RELATED ENTITY XIENTE AND CHARGED TO THE ORGANIZATION THROUGH A DUE TO/DUE FROM ACCOUNT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MANAGEMENT ACTIVITIES OF NSEC ARE CONDUCTED BY PERSONNEL FROM XIENTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PREPARED BY A 3RD PARTY ACCOUNTING FIRM UNDER THE SUPERVISION OF MANAGEMENT. ONCE A DRAFT OF THE FORM 990 IS READY, IT IS SUBMITTED TO THE FULL BOARD FOR REVIEW AND APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IF A POTENTIAL CONFLICT ARISES, THE EXECUTIVE COMMITTEE REVIEWS THE PERTINENT INFORMATION AND MAKES A RECOMMENDATION TO THE FULL BOARD. THE AFFECTED BOARD MEMBER DOES NOT PARTICIPATE IN THE DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL COMPENSATION IS PAID THROUGH XIENTE, A RELATED ENTITY LISTED ON SCHEDULE R. ON A PERIODIC BASIS, THE BOARD OF DIRECTORS OF XIENTE REVIEWS TOP MANAGEMENT COMPENSATION BY REVIEWING COMPARABLE DATA FROM SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 2B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NORRIS SQUARE COMMUNITY ALLIANCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0239233412
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0COMMUNITY SUPPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0174 DIAMOND STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd019122
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02423906
IRS990/TotalAssetsEOYAmt02341564
IRS990/TotalAssetsGrp/BOYAmt02423906
IRS990/TotalAssetsGrp/EOYAmt02341564
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051398
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0210643
IRS990/TotalFunctionalExpensesGrp/TotalAmt0262041
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01937251
IRS990/TotalLiabilitiesEOYAmt02095451
IRS990/TotalLiabilitiesGrp/BOYAmt01937251
IRS990/TotalLiabilitiesGrp/EOYAmt02095451
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0486655
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0246113
IRS990/TotalOtherCompensationAmt022587
IRS990/TotalProgramServiceExpensesAmt0210643
IRS990/TotalProgramServiceRevenueAmt021499
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt021499
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt021499
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02423906
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02341564
IRS990/TotReportableCompRltdOrgAmt0296750
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0174 DIAMOND STREET
IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019122
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE CARRERA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02154268734
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORRIS SQUARE EDUCATION CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0NORR
ReturnHeader/Filer/EIN0261297642
ReturnHeader/Filer/PhoneNum02154268723
ReturnHeader/Filer/USAddress/AddressLine1Txt0174 DIAMOND STREET

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