Civic Intelligence

Hillside Academy

990 • Fiscal year 2023 • EIN 27-4467507

Jul 01, 2022 to Jun 30, 2023 • Filed on Sep 05, 2023

26423 NE Allen StDuvall, WA 98019

(425) 844-8608

Siviq Scores

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

Liabilities / Assets

38th percentile

0.02x

Higher debt load relative to assets than 38% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

29th percentile

0.01x

Higher debt load relative to revenue than 29% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

38th percentile

-0.7%

Higher net margin than 38% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

53rd percentile

$67,739

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

32nd percentile

-1.3%

Faster asset growth than 32% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

24th percentile

-12%

Faster revenue growth than 24% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$793,614

Down $10,156 (-1.3%) from 2022

Net Assets

Down

$774,567

Down $9,728 (-1.2%) from 2022

Liabilities

Down

$19,047

Down $428 (-2.2%) from 2022

Revenue

Down

$1,325,558

Down $173,099 (-12%) from 2022

Expenses

Up

$1,335,286

Up $173,483 (+15%) from 2022

Net Income

Down

-$9,728

Down $346,582 (-103%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $60,962Liabilities 2012: $17,511Net Assets 2012: $43,4512012Assets 2013: $55,730Liabilities 2013: $41,093Net Assets 2013: $14,6372013Assets 2014: $76,160Liabilities 2014: $68,742Net Assets 2014: $7,4182014Assets 2015: $177,921Liabilities 2015: $126,950Net Assets 2015: $50,9712015Assets 2016: $84,096Liabilities 2016: $16,959Net Assets 2016: $67,1372016Assets 2017: $94,937Liabilities 2017: $12,582Net Assets 2017: $82,3552017Assets 2018: $76,587Liabilities 2018: $22,225Net Assets 2018: $54,3622018Assets 2019: $142,515Liabilities 2019: $22,479Net Assets 2019: $120,0362019Assets 2020: $261,510Liabilities 2020: $156,129Net Assets 2020: $105,3812020Assets 2021: $592,120Liabilities 2021: $144,679Net Assets 2021: $447,4412021Assets 2022: $803,770Liabilities 2022: $19,475Net Assets 2022: $784,2952022Assets 2023: $793,614Liabilities 2023: $19,047Net Assets 2023: $774,5672023Assets 2024: $687,465Liabilities 2024: $8,850Net Assets 2024: $678,6152024

Highlighted filing

2023

Assets$793,614
Liabilities$19,047
Net Assets$774,567

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $491,5872012Expenses 2013: $901,2612013Revenue 2014: $913,474Expenses 2014: $920,586Net Income 2014: -$7,1122014Revenue 2015: $1,050,137Expenses 2015: $1,006,584Net Income 2015: $43,5532015Revenue 2016: $1,226,633Expenses 2016: $1,210,467Net Income 2016: $16,1662016Revenue 2017: $1,276,798Expenses 2017: $1,241,382Net Income 2017: $35,4162017Revenue 2018: $1,243,367Expenses 2018: $1,271,360Net Income 2018: -$27,9932018Revenue 2019: $1,217,298Expenses 2019: $1,151,624Net Income 2019: $65,6742019Revenue 2020: $945,969Expenses 2020: $960,624Net Income 2020: -$14,6552020Revenue 2021: $1,423,657Expenses 2021: $1,081,599Net Income 2021: $342,0582021Revenue 2022: $1,498,657Expenses 2022: $1,161,803Net Income 2022: $336,8542022Revenue 2023: $1,325,558Expenses 2023: $1,335,286Net Income 2023: -$9,7282023Revenue 2024: $893,371Expenses 2024: $989,323Net Income 2024: -$95,9522024

Highlighted filing

2023

Revenue$1,325,558
Expenses$1,335,286
Net Income-$9,728
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Sep 5, 2023
Return Version
2022v5.0
Gross Receipts
$1,330,766
Mission and Program Overview

Mission

We inspire passionate, confident, and creative students in an individualized, hands-on learning environment that integrates Christian values while striving for academic excellence.

To provide primary education to preschool through 8th grade

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$795,189$785,383▼ $9,806
Land, Buildings, and Equipment, Net$8,581$8,231▼ $350
Total Assets$803,770$793,614▼ $10,156
Liabilities
Accounts Payable and Accrued Expenses$19,475$19,047▼ $428
Total Liabilities$19,475$19,047▼ $428
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$784,295$774,567▼ $9,728
Total Net Assets Fund Balance$784,295$774,567▼ $9,728
Total Liabilities and Net Assets / Fund Balance$803,770$793,614▼ $10,156

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,231$30,208$38,439
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Suzanne SikoHead of SchoolFT$67,739$67,739

Board Members and Trustees

NameTitle
Jon LakefishPresident
Joe MazzonciniDirector
Todd HofferberDirector
Nancy WellsSecretary
Indira MandoskeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$342,191
Program Service Revenue
$972,439
Investment Income
$0
Other Revenue
$10,928
Change in Net Assets
$-9,728
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$865,324
Other Expenses$469,962
Total Fundraising Expense$31,639
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$584,594$169,225$15,384$769,203
Occupancy$264,019$29,335-$293,354
Payroll Taxes$55,004$15,922$1,447$72,373
Fees for Services Other$57,184$6,354-$63,538
Office Expenses$30,489$28,143-$58,632
Other Employee Benefits$11,786$3,412$310$15,508
Insurance-$11,789-$11,789
Fees for Services Accounting$8,280$920-$9,200
Pension Plan Contributions$6,262$1,813$165$8,240
Travel$6,559--$6,559
Advertising$980$5,551-$6,531
Conferences and Meetings$376--$376
Depreciation Depletion$350--$350
Other Expenses-$282$14,333$282
Fees for Service Investment Mgmnt Fees$90$10-$100
Total Functional Expenses$1,025,973$277,674$31,639$1,335,286
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,208
Fundraising Gross Income$5,208
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction & Dinner$45,379$45,379$4,863$40,516
Walk a Thon$13,403$13,403$345$13,058
Total Events$58,782$58,782$5,208$53,574
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
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
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 Form 990 is prepared by an outside accounting firm and reviewed by the Head of the School and Office Manager. Prior to the filing of Form 990 the entire board receives a copy of the return for review.

Form 990, Part VI, Section B, line 12

Annually the Board members and key employees are required to submit a conflict of interest questionnaire. A Director receives the questionnaire and reviews them to determine if there are any conflicts. The Head of the school monitors transactions on an ongoing basis for any conflicts. If a conflict should arise, the Board member will recuse themselves from the discussion and vote.

Form 990, Part VI, Section B, line 15

The Head of the school's salary is reviewed by the Board. Comparable salary data is pulled and reviewed to determine if salary is reasonable. The Head of the school goes through a similar process for any key employees. There have been no significant salary increase in the last few years.

Form 990, Part VI, Section C, line 19

The School's articles, bylaws, conflict of interest policy are avaiable upon request.

Filing and Contact Details

Filer

Filer Name
Hillside Academy
EIN
27-4467507
Phone
4258448608
Address
26423 NE Allen St, Duvall, WA 98019

Signing Officer

Name
Suzanne Siko
Title
Head of School
Phone
4258448608
Signed
2023-09-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Suzanne Siko
Formed
2010
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Northwest Tax Choices
Address
401 Olympia Ave NE Mailbox 17, Renton, WA 98056
Preparer
Ronald Schiel
Phone
4252048776
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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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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt058782
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt045379
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt013403
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt058782
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt053574
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05208
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04863
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0345
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is prepared by an outside accounting firm and reviewed by the Head of the School and Office Manager. Prior to the filing of Form 990 the entire board receives a copy of the return for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Annually the Board members and key employees are required to submit a conflict of interest questionnaire. A Director receives the questionnaire and reviews them to determine if there are any conflicts. The Head of the school monitors transactions on an ongoing basis for any conflicts. If a conflict should arise, the Board member will recuse themselves from the discussion and vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Head of the school's salary is reviewed by the Board. Comparable salary data is pulled and reviewed to determine if salary is reasonable. The Head of the school goes through a similar process for any key employees. There have been no significant salary increase in the last few years.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The School's articles, bylaws, conflict of interest policy are avaiable upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0803770
IRS990/TotalAssetsEOYAmt0793614
IRS990/TotalAssetsGrp/BOYAmt0803770
IRS990/TotalAssetsGrp/EOYAmt0793614
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0342191
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt031639
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0277674
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01025973
IRS990/TotalFunctionalExpensesGrp/TotalAmt01335286
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019475
IRS990/TotalLiabilitiesEOYAmt019047
IRS990/TotalLiabilitiesGrp/BOYAmt019475
IRS990/TotalLiabilitiesGrp/EOYAmt019047
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0784295
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0774567
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01025973
IRS990/TotalProgramServiceRevenueAmt0972439
IRS990/TotalReportableCompFromOrgAmt067739
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0983367
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01325558
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0803770
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0793614
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt06559
IRS990/TravelGrp/TotalAmt06559
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt026423 NE Allen St
IRS990/USAddress/CityNm0Duvall
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098019
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0hillsideacademy.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Suzanne Siko
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Head of School
ReturnHeader/BusinessOfficerGrp/PhoneNum04258448608
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Hillside Academy
ReturnHeader/Filer/BusinessNameControlTxt0HILL
ReturnHeader/Filer/EIN0274467507
ReturnHeader/Filer/PhoneNum04258448608
ReturnHeader/Filer/USAddress/AddressLine1Txt026423 NE Allen St
ReturnHeader/Filer/USAddress/CityNm0Duvall
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098019
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0020621306
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NORTHWEST TAX CHOICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0401 Olympia Ave NE Mailbox 17
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Renton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098056
ReturnHeader/PreparerPersonGrp/PhoneNum04252048776
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ronald Schiel
ReturnHeader/ReturnTs02023-09-06T18:28:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Suzanne
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Siko
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.01$0.68$0.89$0.99$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.79$0.02$0.77$1.33$1.34$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.02$0.78$1.50$1.16$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.14$0.45$1.42$1.08$0.34
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.16$0.11$0.95$0.96$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.02$0.12$1.22$1.15$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.02$0.05$1.24$1.27$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.01$0.08$1.28$1.24$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.02$0.07$1.23$1.21$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.13$0.05$1.05$1.01$0.04
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.07$0.01$0.91$0.92$0.01
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.06$0.04$0.01$0.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.02$0.04$0.49