Civic Intelligence

Peachtree Learning Center

990EZ • Fiscal year 2019 • EIN 27-1648141

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

402 N Walnut AveCookeville, TN 38501

(931) 528-7216

Siviq Scores

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

Liabilities / Assets

85th percentile

0.24x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

92nd percentile

0.46x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

35th percentile

-2.4%

Higher net margin than 35% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$12,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

41st percentile

-1.7%

Faster asset growth than 41% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

48th percentile

-0.1%

Faster revenue growth than 48% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$360,446

Down $6,310 (-1.7%) from 2018

Net Assets

Down

$274,530

Down $4,486 (-1.6%) from 2018

Liabilities

Down

$85,916

Down $1,824 (-2.1%) from 2018

Revenue

Down

$187,382

Down $111 (-0.1%) from 2018

Expenses

Up

$191,868

Up $18,268 (+11%) from 2018

Net Income

Down

-$4,486

Down $18,379 (-132%) from 2018

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2016: $373,343Liabilities 2016: $114,569Net Assets 2016: $258,7742016Assets 2017: $366,909Liabilities 2017: $101,786Net Assets 2017: $265,1232017Assets 2018: $366,756Liabilities 2018: $87,740Net Assets 2018: $279,0162018Assets 2019: $360,446Liabilities 2019: $85,916Net Assets 2019: $274,5302019Assets 2020: $359,914Liabilities 2020: $77,847Net Assets 2020: $282,0672020Assets 2021: $351,035Liabilities 2021: $66,326Net Assets 2021: $284,7092021Assets 2022: $365,526Liabilities 2022: $56,256Net Assets 2022: $309,2702022Assets 2023: $621,484Liabilities 2023: $305,278Net Assets 2023: $316,2062023Assets 2024: $614,841Liabilities 2024: $312,956Net Assets 2024: $301,8852024

Highlighted filing

2019

Assets$360,446
Liabilities$85,916
Net Assets$274,530

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $145,751Expenses 2016: $151,457Net Income 2016: -$5,7062016Revenue 2017: $152,016Expenses 2017: $145,667Net Income 2017: $6,3492017Revenue 2018: $187,493Expenses 2018: $173,600Net Income 2018: $13,8932018Revenue 2019: $187,382Expenses 2019: $191,868Net Income 2019: -$4,4862019Revenue 2020: $201,172Expenses 2020: $193,635Net Income 2020: $7,5372020Revenue 2021: $213,686Expenses 2021: $211,044Net Income 2021: $2,6422021Revenue 2022: $294,988Expenses 2022: $270,427Net Income 2022: $24,5612022Revenue 2023: $400,660Expenses 2023: $393,724Net Income 2023: $6,9362023Revenue 2024: $487,786Expenses 2024: $511,260Net Income 2024: -$23,4742024

Highlighted filing

2019

Revenue$187,382
Expenses$191,868
Net Income-$4,486
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$187,382
Mission and Program Overview

Mission

Fine Arts Education

Program Services

DescriptionGrantsExpenses
Peachtree Learning Center conducted classes and workshops for academic enrichment as well as classes in the arts of music, dance, drama and visual arts.$181,846-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tabitha MerrittExecutive DirectorPT$12,000-$12,000
Melissa CreekChair PersonPT$0--
Angel CloughDirectorPT$0--
Amy FarmerTreasurerPT$0--
Jamie ThornsberryDirectorPT$0--
Terry PatatoDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Peachtree Learning Center
EIN
27-1648141
Phone
9315287216
Address
402 N Walnut Ave, Cookeville, TN 38501

Signing Officer

Name
Tabitha Merritt
Title
Executive Director
Signed
2020-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Summit Accounting Services
Address
300 South Peters Road, Knoxville, TN 37923
Preparer
J Roland Shankles CPA
Phone
8656911040
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $40

Other Expenses.1002

Office Expenses $3832

Other Expenses.1003

Information Technology $2611

Other Expenses.1008

Interest $8960

Other Expenses.1009

Depreciation $6827

Other Expenses.1012

Insurance $4410

Other Expenses.1

Contract Labor $18066

Other Expenses.2

Class, Camp & Program Supplies $12136

Other Expenses.3

Fundraising Supplies $2516

Other Assets.1005

Accounts Receivable - Beginning $2206 Accounts Receivable - Ending $207

Total Liabilities.1007

Secured Mortgages and Notes Payable - Beginning $86397 Secured Mortgages and Notes Payable - Ending $84700

Total Liabilities.1

Payroll Liabilities - Beginning $1343 Payroll Liabilities - Ending $1216

Raw XML Appendix180 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/ExplanationTxt0Advertising and Promotion $40
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $3832
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $2611
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest $8960
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation $6827
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $4410
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Fundraising Supplies $2516
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Receivable - Beginning $2206 Accounts Receivable - Ending $207
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Secured Mortgages and Notes Payable - Beginning $86397 Secured Mortgages and Notes Payable - Ending $84700
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ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Tabitha Merritt
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Peachtree Learning Center
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Attn Tabitha Merritt
ReturnHeader/Filer/BusinessNameControlTxt0PEAC
ReturnHeader/Filer/EIN0271648141
ReturnHeader/Filer/PhoneNum09315287216
ReturnHeader/Filer/USAddress/AddressLine1Txt0402 N Walnut Ave
ReturnHeader/Filer/USAddress/CityNm0Cookeville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038501
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0953621096
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Summit Accounting Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 South Peters Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Knoxville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037923
ReturnHeader/PreparerPersonGrp/PhoneNum08656911040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J Roland Shankles CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-11-16T06:35:14-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings