Civic Intelligence

Personalized Learning Inc

EIN 26-3393678 • 501(c)3 • Redmond, OR

Profile

To benefit and support the redmond proficiency academy, an oregon public charter school.

639 SW Forest Ave Ste FRedmond, OR 97756

www.rpacademy.org

Siviq Scores

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

Liabilities / Assets

95th percentile

1.04x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

89th percentile

2.21x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

58th percentile

8.3%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

59th percentile

$203,467

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

40th percentile

2.1%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

57th percentile

10%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$22,114,810

Up $447,479 (+2.1%) from 2021

Liabilities

Down

$23,103,669

Down $422,087 (-1.8%) from 2021

Net Assets

Up

-$988,859

Up $869,566 (+47%) from 2021

Revenue

Up

$10,437,643

Up $960,110 (+10%) from 2021

Expenses

Up

$9,568,077

Up $140,941 (+1.5%) from 2021

Net Income

Up

$869,566

Up $819,169 (+1625%) from 2021

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2021: $21,667,331Liabilities 2021: $23,525,756Net Assets 2021: -$1,858,4252021Assets 2022: $22,114,810Liabilities 2022: $23,103,669Net Assets 2022: -$988,8592022

Highlighted filing

2022

Assets$22,114,810
Liabilities$23,103,669
Net Assets-$988,859

Operations Trend

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

$15M$10M$5.0M$0Revenue 2021: $9,477,533Expenses 2021: $9,427,136Net Income 2021: $50,3972021Revenue 2022: $10,437,643Expenses 2022: $9,568,077Net Income 2022: $869,5662022

Highlighted filing

2022

Revenue$10,437,643
Expenses$9,568,077
Net Income$869,566

Filings

Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 25, 2021
Return Version
2020v4.1
Gross Receipts
$9,477,533
Mission and Program Overview

Mission

To benefit and support the redmond proficiency academy, an oregon public charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,158,093$14,047,650▲ $889,557
Savings and Temporary Cash Investments-$1,752,228-
Prepaid Expenses and Deferred Charges$1,795,491$1,074,254▼ $721,237
Cash and Non-Interest-Bearing Accounts$2,772,613$744,966▼ $2,027,647
Accounts Receivable$78,440$528,538▲ $450,098
Total Assets$17,804,637$21,667,331▲ $3,862,694
Other Assets Total-$3,519,695-
Liabilities
Unsecured Notes Loans Payable-$14,863,750-
Mortgage Notes Payable Secured by Investment Property$14,315,000--
Other Liabilities$5,065,569$8,223,398▲ $3,157,829
Accounts Payable and Accrued Expenses$332,890$438,608▲ $105,718
Total Liabilities$19,713,459$23,525,756▲ $3,812,297
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$1,146,939-
Net Assets Without Donor Restrictions$-1,908,822$-3,005,364▼ $1,096,542
Total Net Assets Fund Balance$-1,908,822$-1,858,425▲ $50,397
Total Liabilities and Net Assets / Fund Balance$17,804,637$21,667,331▲ $3,862,694

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,384,181$1,062,535$12,446,716
Equipment$803,342$915,236$1,718,578
Land$1,148,319-$1,148,319
Leasehold Improvements$711,808$66,141$777,949
Other Assets Org$3,425,072--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonathon BullockExecutive DirectorFT$175,461$28,006$203,467

Board Members and Trustees

NameTitle
John EsaPresident
Bert EliasonVice President
Angel BoothroydDirector
John HannanDirector
Patrick MackelvieDirector
Peter NelsonDirector
Josh EvansSecretary
Diana BarkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,436,110
Program Service Revenue
$0
Investment Income
$10,456
Other Revenue
$30,967
All Other Contributions
$4,397
Change in Net Assets
$50,397

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,477,533
Total Revenue per Audited Statements
$9,477,533
Total Revenue per Form 990
$9,477,533
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,267,230
Other Expenses$3,159,906
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,573,592$864,394-$3,437,986
Pension Plan Contributions$888,662$473,256-$1,361,918
Other Employee Benefits$605,885$356,658-$962,543
Occupancy$24,883$803,617-$828,500
Interest-$771,363-$771,363
Other Expenses$289,782$104,592-$394,374
Information Technology$288,828$65,698-$354,526
Payroll Taxes$217,748$86,617-$304,365
All Other Expenses-$232,653-$232,653
Current Officers, Directors, Trustees, and Key Employees-$200,418-$200,418
Insurance-$93,292-$93,292
Advertising-$77,209-$77,209
Travel$37,457$1,264-$38,721
Fees for Services Legal-$904-$904
Total Functional Expenses$5,050,554$4,376,582$0$9,427,136

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,427,136
Total Expenses per Audited Statements$9,427,136
Total Expenses per Form 990$9,427,136
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$30,967
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Redmond Care$30,967$30,967-$30,967
Total Events$30,967$30,967-$30,967
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability-pers$8,046,339
Pension Related Deferral$147,898
Opeb Related Deferrals-rhia$29,161
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 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
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 governing body review Part VI line 11

Draft copies of form 990 are provided to the board for their review before the return is finalized.

Conflict of interest policy compliance Part VI line 12C

Board of directors reviews issues at board meetings.

CEO executive director top management comp Part VI line 15A

Determined by the board of directors.

Other officer or key employee compensation Part VI line 15B

Determined by the board of directors and the executive director.

Governing documents etc available to public Part VI line 19

No other documents availabe to the pubilic.

Filing and Contact Details

Filer

Filer Name
Personalized Learning Inc
EIN
26-3393678
Address
639 SW FOREST AVE STE F, REDMOND, OR 97756
Doing Business As
Redmond Proficiency Learning

Signing Officer

Name
Jonathon Bullock
Title
Executive Direc
Phone
5415260882
Signed
2021-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathon Bullock
Formed
2008
Legal Domicile
Or
Voting Board Members
8
Independent Board Members
8
Employees
81
Volunteers
8

Preparer

Firm
Pauly Rogers & Co Pc
Address
12700 SW 72ND AVE, TIGARD, OR 97223
Preparer
Roy R Rogers
Phone
5036202632
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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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IRS990/SavingsAndTempCashInvstGrp/EOYAmt01752228
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt011384181
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01062535
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012446716
IRS990ScheduleD/EquipmentGrp/BookValueAmt0803342
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0915236
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01718578
IRS990ScheduleD/ExpensesSubtotalAmt09427136
IRS990ScheduleD/LandGrp/BookValueAmt01148319
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01148319
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0711808
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt066141
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0777949
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt094623
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13425072
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RHIA
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PENSION RELATED DEFERRALS-PERS
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1147898
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt229161
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY-PERS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PENSION RELATED DEFERRAL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OPEB RELATED DEFERRALS-RHIA
IRS990ScheduleD/RevenueSubtotalAmt09477533
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014047650
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03519695
IRS990ScheduleD/TotalExpensesPerForm990Amt09427136
IRS990ScheduleD/TotalLiabilityAmt08223398
IRS990ScheduleD/TotalRevenuePerForm990Amt09477533
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09427136
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
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IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
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IRS990ScheduleE/MaintainScholarshipsRecsInd0true
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IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt030967
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt030967
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt030967
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt030967
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt028006
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JONATHON BULLOCK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0203467
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DRAFT COPIES OF FORM 990 ARE PROVIDED TO THE BOARD FOR THEIR REVIEW BEFORE THE RETURN IS FINALIZED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS REVIEWS ISSUES AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DETERMINED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DETERMINED BY THE BOARD OF DIRECTORS AND THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO OTHER DOCUMENTS AVAILABE TO THE PUBILIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt017804637
IRS990/TotalAssetsEOYAmt021667331
IRS990/TotalAssetsGrp/BOYAmt017804637
IRS990/TotalAssetsGrp/EOYAmt021667331
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt09436110
IRS990/TotalEmployeeCnt081
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04376582
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05050554
IRS990/TotalFunctionalExpensesGrp/TotalAmt09427136
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019713459
IRS990/TotalLiabilitiesEOYAmt023525756
IRS990/TotalLiabilitiesGrp/BOYAmt019713459
IRS990/TotalLiabilitiesGrp/EOYAmt023525756
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1908822
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1858425
IRS990/TotalOtherCompensationAmt028006
IRS990/TotalProgramServiceExpensesAmt05050554
IRS990/TotalReportableCompFromOrgAmt0175461
IRS990/TotalRevenueGrp/ExclusionAmt041423
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00

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