Civic Intelligence

Pensacola Learning Academy

990 • Fiscal year 2022 • EIN 27-2431096

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 02, 2023

Organization Profilepensacolalearningacademy.com
3186 Gateway LnCantonment, FL 32533

(850) 780-6132

Siviq Scores

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

Liabilities / Assets

88th percentile

0.37x

Higher debt load relative to assets than 88% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

74th percentile

0.03x

Higher debt load relative to revenue than 74% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

22nd percentile

-15%

Higher net margin than 22% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

94th percentile

$56,654

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 17.4% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

8th percentile

-58%

Faster asset growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

77%

Faster revenue growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$27,223

Down $37,413 (-58%) from 2021

Net Assets

Down

$17,185

Down $47,451 (-73%) from 2021

Liabilities

Up

$10,038

Up $10,038 from 2021

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin22nd percentile

Revenue

Up

$326,353

Up $141,729 (+77%) from 2021

Expenses

Up

$373,804

Up $221,691 (+146%) from 2021

Net Income

Down

-$47,451

Down $79,962 (-246%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$200K$150K$100K$50K$0Assets 2021: $64,636Liabilities 2021: $0Net Assets 2021: $64,6362021Assets 2022: $27,223Liabilities 2022: $10,038Net Assets 2022: $17,1852022Assets 2023: $187,236Liabilities 2023: $12,210Net Assets 2023: $175,0262023Assets 2024: $143,479Liabilities 2024: $24,916Net Assets 2024: $118,5632024

Highlighted filing

2022

Assets$27,223
Liabilities$10,038
Net Assets$17,185
Open 2022 Filing

Operations Trend

Revenue Growth80th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2021: $184,624Expenses 2021: $152,113Net Income 2021: $32,5112021Revenue 2022: $326,353Expenses 2022: $373,804Net Income 2022: -$47,4512022Revenue 2023: $504,062Expenses 2023: $375,812Net Income 2023: $128,2502023Revenue 2024: $980,521Expenses 2024: $1,002,608Net Income 2024: -$22,0872024

Highlighted filing

2022

Revenue$326,353
Expenses$373,804
Net Income-$47,451
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 2, 2023
Return Version
2022v5.0
Gross Receipts
$326,353
Mission and Program Overview

Mission

Preparing students to learn and lead, while recognizing that each child has unique needs and abilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$64,636$27,223▼ $37,413
Rtn Earn Endowment Incm Other Fnds$64,636$17,185▼ $47,451
Total Assets$64,636$27,223▼ $37,413
Liabilities
Other Liabilities-$10,038-
Total Liabilities$0$10,038▲ $10,038
Net Assets / Fund Balance
Total Net Assets Fund Balance$64,636$17,185▼ $47,451
Total Liabilities and Net Assets / Fund Balance$64,636$27,223▼ $37,413

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements-$26,145$26,145
Equipment-$9,000$9,000
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Misty HiattPrincipalFT$56,654$56,654
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$326,353
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-47,451
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$373,804
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses---$208,004
Other Expenses---$98,803
Depreciation Depletion$26,145--$26,145
Total Functional Expenses$26,145$0$0$373,804
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
Payroll taxes payable$5,250
Federal income taxes$4,788
Due to WFBA-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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

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

“The complete 990 is reviewed at the governing board meeting”

Filing and Contact Details

Filer

Filer Name
Pensacola Learning Academy
EIN
27-2431096
Address
3186 Gateway Ln, Cantonment, FL 32533

Signing Officer

Name
Misty Hiatt
Title
Principal
Signed
2023-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Misty Hiatt
Formed
2010
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
4

Preparer

Preparer
Hunter C Whittington
Phone
8507771526
Raw XML Appendix256 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Preparing students to learn and lead, while recognizing that each child has unique needs and abilities.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/TotalAmt0208004
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Misty Hiatt
IRS990/BooksInCareOfDetail/PhoneNum08507806132
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03186 Gateway Lane
IRS990/BooksInCareOfDetail/USAddress/CityNm0Cantonment
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd032533
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt064636
IRS990/CashNonInterestBearingGrp/EOYAmt027223
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0373804
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0326353
IRS990/CYRevenuesLessExpensesAmt0-47451
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0373804
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0326353
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt026145
IRS990/DepreciationDepletionGrp/TotalAmt026145
IRS990/Desc0Educitional services
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0347659
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0Misty Hiatt
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt056654
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0Principal
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0326353
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt035145
IRS990/LandBldgEquipCostOrOtherBssAmt035145
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0Preparing students to learn and lead, while recognizing that each child has unique needs and abilities.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt064636
IRS990/NetAssetsOrFundBalancesEOYAmt017185
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Rent
IRS990/OtherExpensesGrp/Desc1Books and education supplies
IRS990/OtherExpensesGrp/Desc2Alarm
IRS990/OtherExpensesGrp/Desc3Contract labor
IRS990/OtherExpensesGrp/TotalAmt032275
IRS990/OtherExpensesGrp/TotalAmt16951
IRS990/OtherExpensesGrp/TotalAmt21626
IRS990/OtherExpensesGrp/TotalAmt398803
IRS990/OtherLiabilitiesGrp/EOYAmt010038
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Misty Hiatt
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0326353
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0326353
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0152113
IRS990/PYProgramServiceRevenueAmt0184624
IRS990/PYRevenuesLessExpensesAmt032511
IRS990/PYTotalExpensesAmt0152113
IRS990/PYTotalRevenueAmt0184624
IRS990/ReconcilationRevenueExpnssAmt0-47451
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0326353
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt064636
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt017185
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09000
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09000
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt026145
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt026145
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04788
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll taxes payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Due to WFBA
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalLiabilityAmt010038
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The complete 990 is reviewed at the governing board meeting
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11B
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt064636
IRS990/TotalAssetsEOYAmt027223
IRS990/TotalAssetsGrp/BOYAmt064636
IRS990/TotalAssetsGrp/EOYAmt027223
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt026145
IRS990/TotalFunctionalExpensesGrp/TotalAmt0373804
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt010038
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt010038
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt064636
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt017185
IRS990/TotalProgramServiceExpensesAmt0347659
IRS990/TotalProgramServiceRevenueAmt0326353
IRS990/TotalReportableCompFromOrgAmt056654
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0326353
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0326353
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt064636
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt027223
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03186 Gateway Lane
IRS990/USAddress/CityNm0Cantonment
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032533
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0https://pensacolalearningacademy.com/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Misty Hiatt
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Principal
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Pensacola Learning Academy
ReturnHeader/Filer/BusinessNameControlTxt0PENS
ReturnHeader/Filer/EIN0272431096
ReturnHeader/Filer/USAddress/AddressLine1Txt03186 Gateway Ln
ReturnHeader/Filer/USAddress/CityNm0Cantonment
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032533
ReturnHeader/PreparerPersonGrp/PhoneNum08507771526
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Hunter C Whittington
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-11-02T08:45:37-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Misty
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Hiatt
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,223
Liabilities
$10,038
Net assets
$17,185
Revenue
$326,353
Expenses
$373,804
Net income
-$47,451
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.02$0.12$0.98$1.00$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.19$0.01$0.18$0.50$0.38$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.02$0.33$0.37$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.18$0.15$0.03