Civic Intelligence

Skyline Education Inc.

990 • Fiscal year 2019 • EIN 27-0637062

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 15, 2020

2020 N Arizona Ave Suite 109Chandler, AZ 85225

(480) 779-2010

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.43x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

55th percentile

0.20x

Higher debt load relative to revenue than 55% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

61st percentile

6.9%

Higher net margin than 61% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

70th percentile

$176,553

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

72nd percentile

12%

Faster asset growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

42nd percentile

1.1%

Faster revenue growth than 42% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,450,968

Up $261,559 (+12%) from 2018

Net Assets

Up

$1,392,863

Up $366,514 (+36%) from 2018

Liabilities

Down

$1,058,105

Down $104,955 (-9.0%) from 2018

Revenue

Up

$5,333,006

Up $60,593 (+1.1%) from 2018

Expenses

Down

$4,966,492

Down $17,658 (-0.4%) from 2018

Net Income

Up

$366,514

Up $78,251 (+27%) from 2018

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2014: $960,982Liabilities 2014: $336,351Net Assets 2014: $624,6312014Assets 2015: $1,227,093Liabilities 2015: $522,463Net Assets 2015: $704,6302015Assets 2016: $1,309,484Liabilities 2016: $576,157Net Assets 2016: $733,3272016Assets 2017: $1,660,895Liabilities 2017: $922,809Net Assets 2017: $738,0862017Assets 2018: $2,189,409Liabilities 2018: $1,163,060Net Assets 2018: $1,026,3492018Assets 2019: $2,450,968Liabilities 2019: $1,058,105Net Assets 2019: $1,392,8632019Assets 2020: $15,761,974Liabilities 2020: $14,433,413Net Assets 2020: $1,328,5612020Assets 2021: $47,430,007Liabilities 2021: $46,446,505Net Assets 2021: $983,5022021Assets 2022: $46,603,363Liabilities 2022: $45,607,266Net Assets 2022: $996,0972022Assets 2023: $46,537,830Liabilities 2023: $45,362,593Net Assets 2023: $1,175,2372023Assets 2024: $46,212,609Liabilities 2024: $45,813,225Net Assets 2024: $399,3842024

Highlighted filing

2019

Assets$2,450,968
Liabilities$1,058,105
Net Assets$1,392,863

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2014: $3,405,445Expenses 2014: $3,392,259Net Income 2014: $13,1862014Revenue 2015: $3,801,906Expenses 2015: $3,721,907Net Income 2015: $79,9992015Revenue 2016: $4,570,532Expenses 2016: $4,541,835Net Income 2016: $28,6972016Revenue 2017: $5,073,704Expenses 2017: $5,068,945Net Income 2017: $4,7592017Revenue 2018: $5,272,413Expenses 2018: $4,984,150Net Income 2018: $288,2632018Revenue 2019: $5,333,006Expenses 2019: $4,966,492Net Income 2019: $366,5142019Revenue 2020: $7,329,810Expenses 2020: $7,394,112Net Income 2020: -$64,3022020Revenue 2021: $6,392,407Expenses 2021: $6,770,052Net Income 2021: -$377,6452021Revenue 2022: $7,291,295Expenses 2022: $7,278,700Net Income 2022: $12,5952022Revenue 2023: $8,485,373Expenses 2023: $8,306,233Net Income 2023: $179,1402023Revenue 2024: $10,645,396Expenses 2024: $11,421,249Net Income 2024: -$775,8532024

Highlighted filing

2019

Revenue$5,333,006
Expenses$4,966,492
Net Income$366,514
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 15, 2020
Return Version
2018v3.0
Gross Receipts
$5,333,006
Mission and Program Overview

Mission

To provide additional academic choices for parents and students that will improve pupil achievement through flexibilty and innovation in key areas of operations and organizational structures.

To to provide at risk students with high quality educational programs and services designed to stimulate life-long learning while developing character through academics, athletics and the arts

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,192,595$1,904,212▲ $711,617
Land, Buildings, and Equipment, Net$649,834$287,612▼ $362,222
Cash and Non-Interest-Bearing Accounts$148,019$169,398▲ $21,379
Accounts Receivable$138,961$21,851▼ $117,110
Total Assets$2,189,409$2,450,968▲ $261,559
Other Assets Total$60,000$67,895▲ $7,895
Liabilities
Other Liabilities$306,082$344,000▲ $37,918
Mortgage Notes Payable Secured by Investment Property$157,770$340,900▲ $183,130
Accounts Payable and Accrued Expenses$335,282$263,376▼ $71,906
Deferred Revenue$363,926$109,829▼ $254,097
Total Liabilities$1,163,060$1,058,105▼ $104,955
Net Assets / Fund Balance
Unrestricted Net Assets$1,026,349$1,392,863▲ $366,514
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$1,026,349$1,392,863▲ $366,514
Total Liabilities and Net Assets / Fund Balance$2,189,409$2,450,968▲ $261,559

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$236,805$421,293$0
Leasehold Improvements$50,807$33,871$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronda OwensFounder/CEOFT$151,553$25,000$176,553
Ronda OwensPresident-$151,553-$151,553
Swen AndersonPresidentFT$120,074-$120,074
KJ WeihingVP of FinanceFT$120,003-$120,003
Revenue and Support

Revenue Composition

Contributions and Grants
$1,817,133
Program Service Revenue
$3,515,873
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$366,514
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,116,639
Other Expenses$1,849,853
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,912,477$159,152$0$2,071,629
Occupancy$858,342--$858,342
Current Officers, Directors, Trustees, and Key Employees$470,625$156,875$0$627,500
Fees for Services Other$297,593$246,707-$544,300
Office Expenses$249,033$49,247-$298,280
Payroll Taxes$186,330$23,133$0$209,463
Other Employee Benefits$178,212$29,835-$208,047
Insurance$56,504--$56,504
Depreciation Depletion$45,256--$45,256
Advertising$45,000--$45,000
Interest$2,171--$2,171
Total Functional Expenses$4,301,543$664,949$0$4,966,492
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 Charter School Capital$344,000
Governance and Compliance

Governance Checklist

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

The Vice President of Finance receives the form 990 from the independent CPA. It is reviewed for accuracy and all questions or concerns are addressed prior to filing the return

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

Employees and Board members are informed of the conflict of interest policy in the handbook which is reviewed at board meetings. Board members with a potential conflict of interest are excluded from voting. Employees sign a form acknowledging receipt of the handbook on an annual basis.

Form 990, Part VI, Section C, Line 19

All items are available upon request

Filing and Contact Details

Filer

Filer Name
Skyline Education Inc
EIN
27-0637062
Phone
4807792010
Address
2020 N Arizona Ave Suite 109, Chandler, AZ 85225

Signing Officer

Name
KJ Weihing
Title
VP of Finance
Phone
4807792010
Signed
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronda Owens
Formed
2009
Legal Domicile
Az
Voting Board Members
3
Independent Board Members
0
Employees
114
Volunteers
0

Preparer

Firm
WS Accounting & Consulting PLLC
Address
1771 W Lantana Dr, Chandler, AZ 85248
Preparer
William Sprague
Phone
6023343118
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other services include food service administration, special education services, curriculum development and IT services

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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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Ronda Owens and Zyzick Owens have a family relationship
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IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0236805
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0421293
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0658098
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt050807
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt033871
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt084678
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0344000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Charter School Capital
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0287612
IRS990ScheduleD/TotalLiabilityAmt0344000
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd00
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The Organization operates Arizona public charter schools. As an Arizona public school, discrimination is prohibited and Arizona residents are aware that public school cannot discriminate in any manner
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The School maintains records indicating the racial composition of the student body but not the faculty and staff
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2The organization receives State Equalization payments and Federal grant money passed through the Arizona Department of Education
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Part I, Line 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0151553
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt025000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Ronda Owens
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0151553
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt025000
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Vice President of Finance receives the form 990 from the independent CPA. It is reviewed for accuracy and all questions or concerns are addressed prior to filing the return
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Employees and Board members are informed of the conflict of interest policy in the handbook which is reviewed at board meetings. Board members with a potential conflict of interest are excluded from voting. Employees sign a form acknowledging receipt of the handbook on an annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All items are available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Other services include food service administration, special education services, curriculum development and IT services
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 C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 11g
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0Skyline Gila River Schools LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0800420420
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0929092
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0Education
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0470961
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt017667 N 91st Ave
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0Peoria
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd085382
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Skyline Schools Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1AZ Compass Schools Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2Vector School District Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3South Valley Academy Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4South Phoenix Academy Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0860986288
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1383761128
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2371546933
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3260637432
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4260637374
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AZ

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