Civic Intelligence

Pinnacle Classical Academy

990 • Fiscal year 2017 • EIN 27-0768224

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 07, 2017

PO Box 241822Little Rock, AR 72223

(501) 240-9080

Siviq Scores

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

Liabilities / Assets

85th percentile

0.27x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

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

Net Margin

28th percentile

-6.1%

Higher net margin than 28% of similar nonprofits.

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

Top Officer Pay

91st percentile

$44,133

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 20.7% of source-year revenue.

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

Asset Growth

18th percentile

-25%

Faster asset growth than 18% of similar nonprofits.

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

Revenue Growth

80th percentile

34%

Faster revenue growth than 80% of similar nonprofits.

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

Assets

Down

$40,105

Down $13,083 (-25%) from 2016

Net Assets

Down

$29,125

Down $13,083 (-31%) from 2016

Liabilities

Flat

$10,980

Flat from 2016

Revenue

Up

$213,050

Up $54,289 (+34%) from 2016

Expenses

Up

$226,133

Up $44,080 (+24%) from 2016

Net Income

Up

-$13,083

Up $10,209 (+44%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2014: $25,531Liabilities 2014: $0Net Assets 2014: $25,5312014Assets 2015: $75,956Liabilities 2015: $10,980Net Assets 2015: $64,9762015Assets 2016: $53,188Liabilities 2016: $10,980Net Assets 2016: $42,2082016Assets 2017: $40,105Liabilities 2017: $10,980Net Assets 2017: $29,1252017Assets 2018: $61,300Liabilities 2018: $10,980Net Assets 2018: $50,3202018Assets 2019: $68,477Liabilities 2019: $10,980Net Assets 2019: $57,4972019Assets 2020: $57,000Liabilities 2020: $10,980Net Assets 2020: $46,0202020Assets 2021: $89,664Liabilities 2021: $10,980Net Assets 2021: $78,6842021Assets 2022: $146,560Liabilities 2022: $10,980Net Assets 2022: $135,5802022Assets 2023: $476,927Liabilities 2023: $10,980Net Assets 2023: $465,9472023Assets 2024: $1,065,676Liabilities 2024: $10,980Net Assets 2024: $1,054,6962024

Highlighted filing

2017

Assets$40,105
Liabilities$10,980
Net Assets$29,125

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $128,266Expenses 2014: $154,293Net Income 2014: -$26,0272014Revenue 2015: $190,604Expenses 2015: $150,563Net Income 2015: $40,0412015Revenue 2016: $158,761Expenses 2016: $182,053Net Income 2016: -$23,2922016Revenue 2017: $213,050Expenses 2017: $226,133Net Income 2017: -$13,0832017Revenue 2018: $251,126Expenses 2018: $229,931Net Income 2018: $21,1952018Revenue 2019: $245,302Expenses 2019: $238,125Net Income 2019: $7,1772019Revenue 2020: $224,723Expenses 2020: $236,200Net Income 2020: -$11,4772020Revenue 2021: $269,631Expenses 2021: $236,967Net Income 2021: $32,6642021Revenue 2022: $369,136Expenses 2022: $312,240Net Income 2022: $56,8962022Revenue 2023: $739,460Expenses 2023: $409,093Net Income 2023: $330,3672023Revenue 2024: $1,092,324Expenses 2024: $503,575Net Income 2024: $588,7492024

Highlighted filing

2017

Revenue$213,050
Expenses$226,133
Net Income-$13,083
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 7, 2017
Return Version
2016v3.0
Gross Receipts
$213,050
Mission and Program Overview

Mission

Provide quality christian education to pre k through 8th grade students

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$47,478$34,395▼ $13,083
Inventories for Sale or Use$4,558$4,558→ $0
Land, Buildings, and Equipment, Net$1,152$1,152→ $0
Total Assets$53,188$40,105▼ $13,083
Liabilities
Accounts Payable and Accrued Expenses$10,980$10,980→ $0
Total Liabilities$10,980$10,980→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$42,208$29,125▼ $13,083
Total Net Assets Fund Balance$42,208$29,125▼ $13,083
Total Liabilities and Net Assets / Fund Balance$53,188$40,105▼ $13,083

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,152-$1,152
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Chad MullerPrincipalFT$44,133$44,133

Board Members and Trustees

NameTitle
Marcus MoodyPresident
Amy PendergistBoard Member
Joseph BaileyBoard Member
Katherine MoodyBoard Member
Mary PeeryBoard Member
Stephanie BaileyBoard Member
William PendergistBoard Member
David PeerySecretary Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$36,988
Program Service Revenue
$176,025
Investment Income
$37
Other Revenue
$0
All Other Contributions
$36,988
Change in Net Assets
$-13,083

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded415$25,363Selling Price
Total Noncash Contributions415$25,363-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$200,839
Other Expenses$25,294
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$200,839--$200,839
Travel$5,505--$5,505
Occupancy$2,500--$2,500
Advertising$2,294--$2,294
Insurance$2,207--$2,207
Office Expenses$734--$734
Other Expenses$484--$484
Fees for Services Accounting$334--$334
All Other Expenses$183--$183
Total Functional Expenses$226,133$0$0$226,133
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

William & amy pendergist are married.david & mary peery are married.marcus & katherine moody are married.joseph & stephanie bailey are married.

Form 990 governing body review Part VI line 11

No review was conducted. The board can review at any time.

Other officer or key employee compensation Part VI line 15B

Compensation for key employees is generally set by the board of directors.

Governing documents etc available to public Part VI line 19

Governing documents and form 990 are provided to the public as requested.

Filing and Contact Details

Filer

Filer Name
Pinnacle Classical Academy
EIN
27-0768224
Address
PO BOX 241822, LITTLE ROCK, AR 72223

Signing Officer

Name
David Peery
Title
Secretary
Phone
5012282533
Signed
2017-11-07
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Ar
Voting Board Members
8
Independent Board Members
8
Employees
11
Volunteers
3

Preparer

Firm
Craft Veach and Company
Address
PO BOX 13986, MAUMELLE, AR 72113
Preparer
John P Craft
Phone
5017530808
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Consists of bank charges & other fees.

Raw XML Appendix373 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WILLIAM & AMY PENDERGIST ARE MARRIED.DAVID & MARY PEERY ARE MARRIED.MARCUS & KATHERINE MOODY ARE MARRIED.JOSEPH & STEPHANIE BAILEY ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS CONDUCTED. THE BOARD CAN REVIEW AT ANY TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR KEY EMPLOYEES IS GENERALLY SET BY THE BOARD OF DIRECTORS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONSISTS OF BANK CHARGES & OTHER FEES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other expenses Part IX line 24e
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IRS990/SignificantChangeInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalContributionsAmt036988
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0226133
IRS990/TotalFunctionalExpensesGrp/TotalAmt0226133
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010980
IRS990/TotalLiabilitiesEOYAmt010980
IRS990/TotalLiabilitiesGrp/BOYAmt010980
IRS990/TotalLiabilitiesGrp/EOYAmt010980
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt042208
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt029125
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0226133
IRS990/TotalProgramServiceRevenueAmt0176025
IRS990/TotalReportableCompFromOrgAmt044133
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0176062
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0213050
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt053188
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt040105
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt05505
IRS990/TravelGrp/TotalAmt05505
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt042208
IRS990/UnrestrictedNetAssetsGrp/EOYAmt029125
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.PINNACLECLASSICAL.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID PEERY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum05012282533
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PINNACLE CLASSICAL ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0PINN
ReturnHeader/Filer/EIN0270768224
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 241822
ReturnHeader/Filer/USAddress/CityNm0LITTLE ROCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072223
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId060972961427DF611A44DD6FA0EE67AB7EA16C288
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId060972961427DF611A44DD6FA0EE67AB7EA16C288
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId07125122017317rrgewfz
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-11-13
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.35.142.53
ReturnHeader/FilingSecurityInformation/IPDt02017-11-13
ReturnHeader/FilingSecurityInformation/IPTm015:25:52
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621710832
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CRAFT VEACH AND COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 13986
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MAUMELLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd072113
ReturnHeader/PreparerPersonGrp/PhoneNum05017530808
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN P CRAFT
ReturnHeader/ReturnTs02017-11-13T14:51:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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