Civic Intelligence

Skema Us Inc.

990 • Fiscal year 2019 • EIN 27-2818359

Sep 01, 2018 to Aug 31, 2019 • Filed on Jul 15, 2020

Organization ProfileN/A

View Organization Page

920 Main Campus DriveRaleigh, NC 27606

(919) 535-5703

Siviq Scores

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

Liabilities / Assets

90th percentile

0.92x

Higher debt load relative to assets than 90% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

87th percentile

0.81x

Higher debt load relative to revenue than 87% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Net Margin

42nd percentile

1.6%

Higher net margin than 42% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Asset Growth

85th percentile

36%

Faster asset growth than 85% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

29th percentile

-4.2%

Faster revenue growth than 29% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$3,533,259

Up $932,628 (+36%) from 2018

Net Assets

Up

$289,643

Up $63,366 (+28%) from 2018

Liabilities

Up

$3,243,616

Up $869,262 (+37%) from 2018

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin42nd percentile

Revenue

Down

$3,987,758

Down $175,410 (-4.2%) from 2018

Expenses

Down

$3,924,392

Down $200,671 (-4.9%) from 2018

Net Income

Up

$63,366

Up $25,261 (+66%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $3,500,052Liabilities 2011: $3,653,932Net Assets 2011: -$153,8802011Assets 2012: $2,099,775Liabilities 2012: $2,253,017Net Assets 2012: -$153,2422012Assets 2013: $2,344,789Liabilities 2013: $2,493,270Net Assets 2013: -$148,4812013Assets 2014: $3,796,261Liabilities 2014: $3,661,266Net Assets 2014: $134,9952014Assets 2015: $1,789,471Liabilities 2015: $1,631,746Net Assets 2015: $157,7252015Assets 2016: $1,988,845Liabilities 2016: $1,852,464Net Assets 2016: $136,3812016Assets 2017: $2,609,135Liabilities 2017: $2,420,963Net Assets 2017: $188,1722017Assets 2018: $2,600,631Liabilities 2018: $2,374,354Net Assets 2018: $226,2772018Assets 2019: $3,533,259Liabilities 2019: $3,243,616Net Assets 2019: $289,6432019Assets 2020: $3,768,572Liabilities 2020: $3,405,424Net Assets 2020: $363,1482020Assets 2021: $4,455,636Liabilities 2021: $4,018,795Net Assets 2021: $436,8412021Assets 2022: $5,327,647Liabilities 2022: $4,880,492Net Assets 2022: $447,1552022Assets 2023: $10,989,851Liabilities 2023: $10,470,748Net Assets 2023: $519,1032023Assets 2024: $9,316,603Liabilities 2024: $8,664,907Net Assets 2024: $651,6962024Assets 2025: $9,201,180Liabilities 2025: $8,460,520Net Assets 2025: $740,6602025

Highlighted filing

2019

Assets$3,533,259
Liabilities$3,243,616
Net Assets$289,643
Open 2019 Filing

Operations Trend

Revenue Growth29th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,629,1292011Expenses 2012: $3,191,7042012Expenses 2013: $3,520,7662013Revenue 2014: $3,609,463Expenses 2014: $3,325,987Net Income 2014: $283,4762014Revenue 2015: $4,089,216Expenses 2015: $4,064,397Net Income 2015: $24,8192015Revenue 2016: $4,153,327Expenses 2016: $4,174,671Net Income 2016: -$21,3442016Revenue 2017: $4,529,082Expenses 2017: $4,477,291Net Income 2017: $51,7912017Revenue 2018: $4,163,168Expenses 2018: $4,125,063Net Income 2018: $38,1052018Revenue 2019: $3,987,758Expenses 2019: $3,924,392Net Income 2019: $63,3662019Revenue 2020: $4,973,825Expenses 2020: $4,900,320Net Income 2020: $73,5052020Revenue 2021: $4,986,543Expenses 2021: $4,912,850Net Income 2021: $73,6932021Revenue 2022: $7,226,374Expenses 2022: $7,216,060Net Income 2022: $10,3142022Revenue 2023: $6,923,464Expenses 2023: $6,839,448Net Income 2023: $84,0162023Revenue 2024: $6,475,703Expenses 2024: $6,343,110Net Income 2024: $132,5932024Revenue 2025: $6,141,360Expenses 2025: $6,052,396Net Income 2025: $88,9642025

Highlighted filing

2019

Revenue$3,987,758
Expenses$3,924,392
Net Income$63,366
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jul 15, 2020
Return Version
2018v3.1
Gross Receipts
$3,987,758
Mission and Program Overview

Mission

Acquire, own, operate, provide, maintain and perpertuate an institution of higher education

Acquire, own, operate, provide, maintain and perpetuate an institution of higher learning

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$41,566$1,754,771▲ $1,713,205
Investments Other Securities$1,017,000$1,017,000→ $0
Accounts Receivable$687,937$0▼ $687,937
Land, Buildings, and Equipment, Net$678,261$499,915▼ $178,346
Prepaid Expenses and Deferred Charges$90,083$173,323▲ $83,240
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,600,631$3,533,259▲ $932,628
Other Assets Total$85,784$88,250▲ $2,466
Liabilities
Other Liabilities$1,471,424$2,080,915▲ $609,491
Accounts Payable and Accrued Expenses$902,930$1,162,701▲ $259,771
Total Liabilities$2,374,354$3,243,616▲ $869,262
Net Assets / Fund Balance
Unrestricted Net Assets$226,277$289,643▲ $63,366
Total Net Assets Fund Balance$226,277$289,643▲ $63,366
Total Liabilities and Net Assets / Fund Balance$2,600,631$3,533,259▲ $932,628

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$28,918-
Equipment$326,735$1,008,768-
Leasehold Improvements$173,180$1,455,276-
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Patrick HelsenPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$8,231
Program Service Revenue
$3,979,527
Investment Income
$0
Other Revenue
$0
All Other Contributions
$8,231
Change in Net Assets
$63,366

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,987,758
Total Revenue per Audited Statements
$3,987,758
Total Revenue per Form 990
$3,987,758
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,393,594
Salaries, Compensation, and Employee Benefits$1,530,798
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,313,324--$1,313,324
Fees for Services Management$368,272--$368,272
Fees for Services Other$225,235--$225,235
Depreciation Depletion$178,347--$178,347
Travel$122,904--$122,904
Payroll Taxes$105,937--$105,937
Other Employee Benefits$94,635--$94,635
Fees for Services Accounting$89,710--$89,710
Information Technology$87,356--$87,356
Fees for Services Legal$74,332--$74,332
Interest$44,890--$44,890
Office Expenses$32,931--$32,931
Insurance$18,861--$18,861
Pension Plan Contributions$16,902--$16,902
Other Expenses$7,106--$7,106
Total Functional Expenses$3,924,392$0$0$3,924,392

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,924,392
Total Expenses per Audited Statements$3,924,392
Total Expenses per Form 990$3,924,392
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long term debt- Related party$1,859,489
Deferred rent$221,426
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“The Company has one sole stockholder, its parent Company, Skema BusinessSchool, a French company”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The organization makes its governing documents, conflict of interest policy and financial statements available at its office in raleigh and can be communicated upon request.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The organization makes its governing documents, conflict of interestpolicy and financial statements available at its office in raleigh andcan be communicated upon request”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization makes its governing documents, conflict of interestpolicy and financial statements available at its office in raleigh andcan be communicated upon request”

Filing and Contact Details

Filer

Filer Name
Skema US Inc
EIN
27-2818359
Address
920 Main Campus Drive, Raleigh, NC 27606

Signing Officer

Name
Patrick Helsen
Title
President
Signed
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
Nc
Voting Board Members
2
Independent Board Members
1
Employees
0

Preparer

Firm
Barclais CPA LLC
Address
990 Biscayne Boulevard Suite 1203, Miami, FL 33139
Preparer
Sidney Barclais
Phone
6463305312
Raw XML AppendixShowing 400 of 408 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/AccountsPayableAccrExpnssGrp/BOYAmt0902930
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01162701
IRS990/AccountsReceivableGrp/BOYAmt0687937
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Acquire, own, operate, provide, maintain and perpetuate an institution of higher learning
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt08231
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0SKEMA US INC
IRS990/BooksInCareOfDetail/PhoneNum09195355703
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0920 MAIN CAMPUS DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0RALEIGH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027606
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt041566
IRS990/CashNonInterestBearingGrp/EOYAmt01754771
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08231
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02393594
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03979527
IRS990/CYRevenuesLessExpensesAmt063366
IRS990/CYSalariesCompEmpBnftPaidAmt01530798
IRS990/CYTotalExpensesAmt03924392
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03987758
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0178347
IRS990/DepreciationDepletionGrp/TotalAmt0178347
IRS990/Desc0Operate programs of higher learning with a focus on education of international students
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt03924392
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt089710
IRS990/FeesForServicesAccountingGrp/TotalAmt089710
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt074332
IRS990/FeesForServicesLegalGrp/TotalAmt074332
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0368272
IRS990/FeesForServicesManagementGrp/TotalAmt0368272
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0225235
IRS990/FeesForServicesOtherGrp/TotalAmt0225235
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0Patrick Helsen
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03987758
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt087356
IRS990/InformationTechnologyGrp/TotalAmt087356
IRS990/InsuranceGrp/ProgramServicesAmt018861
IRS990/InsuranceGrp/TotalAmt018861
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt044890
IRS990/InterestGrp/TotalAmt044890
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01017000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01017000
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02492962
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0678261
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0499915
IRS990/LandBldgEquipCostOrOtherBssAmt02992877
IRS990/LegalDomicileStateCd0NC
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Acquire, own, operate, provide, maintain and perpetuate an institution of higher learning
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0226277
IRS990/NetAssetsOrFundBalancesEOYAmt0289643
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt032931
IRS990/OfficeExpensesGrp/TotalAmt032931
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt085784
IRS990/OtherAssetsTotalGrp/EOYAmt088250
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt094635
IRS990/OtherEmployeeBenefitsGrp/TotalAmt094635
IRS990/OtherExpensesGrp/Desc0Academic support
IRS990/OtherExpensesGrp/Desc1Rent
IRS990/OtherExpensesGrp/Desc2Other operating expense
IRS990/OtherExpensesGrp/Desc3Subscriptions
IRS990/OtherExpensesGrp/ProgramServicesAmt0705773
IRS990/OtherExpensesGrp/ProgramServicesAmt1348025
IRS990/OtherExpensesGrp/ProgramServicesAmt289852
IRS990/OtherExpensesGrp/ProgramServicesAmt37106
IRS990/OtherExpensesGrp/TotalAmt0705773
IRS990/OtherExpensesGrp/TotalAmt1348025
IRS990/OtherExpensesGrp/TotalAmt289852
IRS990/OtherExpensesGrp/TotalAmt37106
IRS990/OtherLiabilitiesGrp/BOYAmt01471424
IRS990/OtherLiabilitiesGrp/EOYAmt02080915
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01313324
IRS990/OtherSalariesAndWagesGrp/TotalAmt01313324
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0105937
IRS990/PayrollTaxesGrp/TotalAmt0105937
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt016902
IRS990/PensionPlanContributionsGrp/TotalAmt016902
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt090083
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0173323
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Program service fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03979527
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03979527
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt017214
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02890876
IRS990/PYProgramServiceRevenueAmt04145954
IRS990/PYRevenuesLessExpensesAmt038105
IRS990/PYSalariesCompEmpBnftPaidAmt01234187
IRS990/PYTotalExpensesAmt04125063
IRS990/PYTotalRevenueAmt04163168
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt063366
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0326735
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01008768
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01335503
IRS990ScheduleD/ExpensesSubtotalAmt03924392
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0173180
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01455276
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt01628456
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt028918
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt028918
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0221426
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11859489
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred rent
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Long term debt- Related party
IRS990ScheduleD/RevenueSubtotalAmt03987758
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0499915
IRS990ScheduleD/TotalBookValueSecuritiesAmt01017000
IRS990ScheduleD/TotalExpensesPerForm990Amt03924392
IRS990ScheduleD/TotalLiabilityAmt02080915
IRS990ScheduleD/TotalRevenuePerForm990Amt03987758
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03987758
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03924392
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0false
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0false
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SKEMA BUSINESS SCHOOL PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH ITS WEBSITE AND THROUGH ITS ADMISSION AGREEMENT
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1See part II
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Company has one sole stockholder, its parent Company, Skema BusinessSchool, a French company
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE AT ITS OFFICE IN RALEIGH AND CAN BE COMMUNICATED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTERESTPOLICY AND FINANCIAL STATEMENTS AVAILABLE AT ITS OFFICE IN RALEIGH ANDCAN BE COMMUNICATED UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTERESTPOLICY AND FINANCIAL STATEMENTS AVAILABLE AT ITS OFFICE IN RALEIGH ANDCAN BE COMMUNICATED UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Skema Business School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501c3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/AddressLine1Txt060 rue Dostoievski
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CityNm0Sophia Antipolis
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CountryCd0FR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ForeignPostalCd006902
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileForeignCountryCd0FR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0EDUCATIONAL
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01859489
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt13979527
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Book value
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1Book value
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Skema Business School
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1Skema Business School
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0e
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1m
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02600631
IRS990/TotalAssetsEOYAmt03533259
IRS990/TotalAssetsGrp/BOYAmt02600631
IRS990/TotalAssetsGrp/EOYAmt03533259
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt08231
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03924392
IRS990/TotalFunctionalExpensesGrp/TotalAmt03924392
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02374354
IRS990/TotalLiabilitiesEOYAmt03243616
IRS990/TotalLiabilitiesGrp/BOYAmt02374354
IRS990/TotalLiabilitiesGrp/EOYAmt03243616
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0226277
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0289643
IRS990/TotalProgramServiceExpensesAmt03924392
IRS990/TotalProgramServiceRevenueAmt03979527
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03979527
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03987758
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02600631
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03533259
IRS990/TravelGrp/ProgramServicesAmt0122904
IRS990/TravelGrp/TotalAmt0122904
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0226277
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0289643
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0920 Main Campus Drive
IRS990/USAddress/CityNm0Raleigh
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027606
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Patrick Helsen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Skema US Inc
ReturnHeader/Filer/BusinessNameControlTxt0SKEM
ReturnHeader/Filer/EIN0272818359
ReturnHeader/Filer/USAddress/AddressLine1Txt0920 Main Campus Drive
ReturnHeader/Filer/USAddress/CityNm0Raleigh
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027606
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0542195057
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Barclais CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0990 Biscayne Boulevard Suite 1203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Miami
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,533,259
Liabilities
$3,243,616
Net assets
$289,643
Revenue
$3,987,758
Expenses
$3,924,392
Net income
$63,366
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.20$8.46$0.74$6.14$6.05$0.09
2024Detailed filing. Detailed filing data is available for this year.$9.32$8.66$0.65$6.48$6.34$0.13
2023Detailed filing. Detailed filing data is available for this year.$11.0$10.5$0.52$6.92$6.84$0.08
2022Detailed filing. Detailed filing data is available for this year.$5.33$4.88$0.45$7.23$7.22$0.01
2021Detailed filing. Detailed filing data is available for this year.$4.46$4.02$0.44$4.99$4.91$0.07
2020Detailed filing. Detailed filing data is available for this year.$3.77$3.41$0.36$4.97$4.90$0.07
2019Detailed filing. Detailed filing data is available for this year.$3.53$3.24$0.29$3.99$3.92$0.06
2018Detailed filing. Detailed filing data is available for this year.$2.60$2.37$0.23$4.16$4.13$0.04
2017Detailed filing. Detailed filing data is available for this year.$2.61$2.42$0.19$4.53$4.48$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.99$1.85$0.14$4.15$4.17$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.79$1.63$0.16$4.09$4.06$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.80$3.66$0.13$3.61$3.33$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$2.49$0.15$3.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$2.25$0.15$3.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.50$3.65$0.15$1.63