Civic Intelligence

Feynman School Inc.

990 • Fiscal year 2021 • EIN 30-0526593

Jul 01, 2020 to Jun 30, 2021 • Filed on May 27, 2022

11810 Falls RdPotomac, MD 20854

(301) 770-4370

Siviq Scores

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

Liabilities / Assets

97th percentile

1.44x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

68th percentile

0.24x

Higher debt load relative to revenue than 68% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

16th percentile

-9.3%

Higher net margin than 16% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

71st percentile

$102,017

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

50th percentile

9.4%

Faster asset growth than 50% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

48%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$343,059

Up $29,435 (+9.4%) from 2020

Net Assets

Up

-$149,316

Up $815,554 (+85%) from 2020

Liabilities

Down

$492,375

Down $786,119 (-61%) from 2020

Revenue

Up

$2,037,168

Up $657,498 (+48%) from 2020

Expenses

Up

$2,227,342

Up $10,008 (+0.5%) from 2020

Net Income

Up

-$190,174

Up $647,490 (+77%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2015: $216,912Liabilities 2015: $15,913Net Assets 2015: $200,9992015Assets 2016: $111,453Liabilities 2016: $21Net Assets 2016: $111,4322016Assets 2017: $322,325Liabilities 2017: $7,421Net Assets 2017: $314,9042017Assets 2018: $3,813,140Liabilities 2018: $3,607,358Net Assets 2018: $205,7822018Assets 2019: $950,936Liabilities 2019: $1,078,143Net Assets 2019: -$127,2072019Assets 2020: $313,624Liabilities 2020: $1,278,494Net Assets 2020: -$964,8702020Assets 2021: $343,059Liabilities 2021: $492,375Net Assets 2021: -$149,3162021Assets 2022: $718,072Liabilities 2022: $130,164Net Assets 2022: $587,9082022Assets 2023: $471,571Liabilities 2023: $119,667Net Assets 2023: $351,9042023Assets 2024: $189,145Liabilities 2024: $605,881Net Assets 2024: -$416,7362024

Highlighted filing

2021

Assets$343,059
Liabilities$492,375
Net Assets-$149,316

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $1,269,431Expenses 2015: $1,086,215Net Income 2015: $183,2162015Revenue 2016: $1,544,882Expenses 2016: $1,634,449Net Income 2016: -$89,5672016Revenue 2017: $2,312,731Expenses 2017: $2,109,259Net Income 2017: $203,4722017Revenue 2018: $2,741,578Expenses 2018: $2,851,257Net Income 2018: -$109,6792018Revenue 2019: $2,054,743Expenses 2019: $2,523,691Net Income 2019: -$468,9482019Revenue 2020: $1,379,670Expenses 2020: $2,217,334Net Income 2020: -$837,6642020Revenue 2021: $2,037,168Expenses 2021: $2,227,342Net Income 2021: -$190,1742021Revenue 2022: $2,719,800Expenses 2022: $1,982,576Net Income 2022: $737,2242022Revenue 2023: $1,993,170Expenses 2023: $2,229,174Net Income 2023: -$236,0042023Revenue 2024: $1,429,684Expenses 2024: $1,616,889Net Income 2024: -$187,2052024

Highlighted filing

2021

Revenue$2,037,168
Expenses$2,227,342
Net Income-$190,174
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 27, 2022
Return Version
2020v4.2
Gross Receipts
$2,037,168
Mission and Program Overview

Mission

Feynman school helps young gifted students grow. We celebrate each student's intellectual curiosity and sense of self,promote inquisitive and creative thinking,and foster caring and concern for others. Here children revel in learning and prepare for full,fulfilling lives.

Feynman school helps young gifted students grow.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$273,417$295,476▲ $22,059
Receivables From Officers Etc$35,947$41,100▲ $5,153
Land, Buildings, and Equipment, Net$2,612$6,483▲ $3,871
Savings and Temporary Cash Investments$1,648--
Accounts Receivable$0--
Total Assets$313,624$343,059▲ $29,435
Liabilities
Accounts Payable and Accrued Expenses$790,091--
Other Liabilities$245,819$492,375▲ $246,556
Deferred Revenue$242,584--
Total Liabilities$1,278,494$492,375▼ $786,119
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-964,870$-149,316▲ $815,554
Total Net Assets Fund Balance$-964,870$-149,316▲ $815,554
Total Liabilities and Net Assets / Fund Balance$313,624$343,059▲ $29,435

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,483$67,955$74,438
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan a GoldHead of SchoolFT$91,641$10,376$102,017
Robert M GoldExecutive DirectorFT$86,958$10,376$97,334

Board Members and Trustees

NameTitle
Bruce a StaddDirector
Mitzi WertheimDirector
Philip H CullomDirector
Ursula a GolladaySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$6,997
Program Service Revenue
$2,029,955
Investment Income
$0
Other Revenue
$216
All Other Contributions
$6,997
Change in Net Assets
$-190,174
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,081,980
Grants and Similar Amounts Paid$618,441
Other Expenses$526,921
Total Fundraising Expense$9,553
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$711,717$50,434-$762,151
Grants to Domestic Individuals$618,441--$618,441
Current Officers, Directors, Trustees, and Key Employees-$222,373-$222,373
Occupancy$137,602$36,694$9,173$183,469
Fees for Services Other$125,730--$125,730
Office Expenses$77,986$10,611-$88,597
Payroll Taxes$50,516$19,187-$69,703
Fees for Services Legal-$29,442-$29,442
Other Employee Benefits$27,753--$27,753
Advertising-$24,061-$24,061
Conferences and Meetings$8,854$3,950-$12,804
Insurance$7,854--$7,854
Fees for Services Accounting-$7,000-$7,000
Information Technology$4,187$1,117$279$5,583
Depreciation Depletion$1,517$405$101$2,023
Other Expenses$1,887$1,519-$1,519
Interest-$260-$260
Travel-$198-$198
Total Functional Expenses$1,774,044$443,745$9,553$2,227,342
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 Officers, Directors, Trustees, and Key Employees$35,947$41,100▲ $5,153
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$470,012
Credit Cards$22,363
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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 A, Line 2

Robert and susan gold have a family relationship

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

After the president / treasurer review the form 990, it is reviewed by the board at a special or general meeting of the board.

Form 990, Part VI, Section B, Line 12C

The policy is periodically reviewed at meetings as appropriate

Form 990, Part VI, Section C, Line 18

All required documents are available upon request.

Form 990, Part VI, Section C, Line 19

Governing documents and the conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Feynman School Inc
EIN
30-0526593
Phone
3017704370
Address
11810 FALLS RD, POTOMAC, MD 20854

Signing Officer

Name
Susan Gold
Title
Head of School
Phone
3017704370
Signed
2022-05-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Gold
Formed
2008
Legal Domicile
Md
Voting Board Members
5
Independent Board Members
4
Employees
35
Volunteers
4

Preparer

Firm
Rubino and Company Chartered
Address
6903 ROCKLEDGE DRIVE SUITE 300, BETHESDA, MD 20817-1818
Preparer
Robert a Tempchin CPA
Phone
3015643636
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Removal of prior year accounts payable and accrued expenses 790,091. Removal of prior year deferred revenue 242,584.

Raw XML AppendixShowing 400 of 409 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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IRS990/Desc0OUR CURRICULUM INTEGRATES SCIENCE, MATH AND LANGUAGE ARTS, AS WELL AS MUSIC, DRAMA, VISUAL ARTS AND PHYSICAL EDUCATION. WITH CAREFULLY CHOSEN STUDY TOPICS, WE CAPTURE THE CHILDREN'S INTEREST AND FIRE THEIR IMAGINATION.
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IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0FEYNMAN SCHOOL, INC PUBLICIZES ITS RACIALLY NONDISCIMINATORY POLICY ON A CONTINUOUS BASIS ON ITS WEBSITE AT WWW.FEYNMANSCHOOL.ORG
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0618441
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0TUITION REDUCTION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt061
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL OFFERS TUITION DISCOUNTS AND SCHOLARSHIPS BASED UPON SCHOOL POLICIES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt041100
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OTHER RECEIVABLES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt024500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ROBERT AND SUSAN GOLD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0ROBERT AND SUSAN ARE BOTH OFFICERS OF THE ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt041100
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROBERT AND SUSAN GOLD HAVE A FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AFTER THE PRESIDENT / TREASURER REVIEW THE FORM 990, IT IS REVIEWED BY THE BOARD AT A SPECIAL OR GENERAL MEETING OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE POLICY IS PERIODICALLY REVIEWED AT MEETINGS AS APPROPRIATE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL REQUIRED DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REMOVAL OF PRIOR YEAR ACCOUNTS PAYABLE AND ACCRUED EXPENSES 790,091. REMOVAL OF PRIOR YEAR DEFERRED REVENUE 242,584.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0313624
IRS990/TotalAssetsEOYAmt0343059
IRS990/TotalAssetsGrp/BOYAmt0313624
IRS990/TotalAssetsGrp/EOYAmt0343059
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt06997
IRS990/TotalEmployeeCnt035
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09553
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0443745
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01774044
IRS990/TotalFunctionalExpensesGrp/TotalAmt02227342
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01278494
IRS990/TotalLiabilitiesEOYAmt0492375
IRS990/TotalLiabilitiesGrp/BOYAmt01278494
IRS990/TotalLiabilitiesGrp/EOYAmt0492375
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-964870
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-149316
IRS990/TotalOtherCompensationAmt020752
IRS990/TotalProgramServiceExpensesAmt01774044
IRS990/TotalProgramServiceRevenueAmt02029955
IRS990/TotalReportableCompFromOrgAmt0178599
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02030171
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02037168
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0313624
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0343059
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0198
IRS990/TravelGrp/TotalAmt0198
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011810 FALLS RD
IRS990/USAddress/CityNm0POTOMAC
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd020854
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.FEYNMANSCHOOL.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN GOLD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEAD OF SCHOOL
ReturnHeader/BusinessOfficerGrp/PhoneNum03017704370
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FEYNMAN SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0FEYN
ReturnHeader/Filer/EIN0300526593
ReturnHeader/Filer/PhoneNum03017704370
ReturnHeader/Filer/USAddress/AddressLine1Txt011810 FALLS RD
ReturnHeader/Filer/USAddress/CityNm0POTOMAC
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020854
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521186096
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUBINO AND COMPANY CHARTERED
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06903 ROCKLEDGE DRIVE SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0208171818

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