Civic Intelligence

The David School Inc

990 • Fiscal year 2015 • EIN 31-0889471

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 15, 2016

124 W Court StreetPrestonburg, KY 41653

(606) 886-6090

Siviq Scores

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

Liabilities / Assets

44th percentile

0.07x

Higher debt load relative to assets than 44% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.20x

Higher debt load relative to revenue than 62% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

82nd percentile

24%

Higher net margin than 82% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

70th percentile

7.9%

Faster asset growth than 70% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

89th percentile

52%

Faster revenue growth than 89% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,070,062

Up $78,759 (+7.9%) from 2014

Net Assets

Up

$995,734

Up $86,570 (+9.5%) from 2014

Liabilities

Down

$74,328

Down $7,811 (-9.5%) from 2014

Revenue

Up

$362,902

Up $124,288 (+52%) from 2014

Expenses

Up

$276,332

Up $67,521 (+32%) from 2014

Net Income

Up

$86,570

Up $56,767 (+190%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $970,160Liabilities 2013: $90,799Net Assets 2013: $879,3612013Assets 2014: $991,303Liabilities 2014: $82,139Net Assets 2014: $909,1642014Assets 2015: $1,070,062Liabilities 2015: $74,328Net Assets 2015: $995,7342015Assets 2016: $1,059,651Liabilities 2016: $60,278Net Assets 2016: $999,3732016Assets 2017: $1,143,667Liabilities 2017: $40,312Net Assets 2017: $1,103,3552017Assets 2018: $1,008,264Liabilities 2018: $29,627Net Assets 2018: $978,6372018Assets 2019: $945,047Liabilities 2019: $4,565Net Assets 2019: $940,4822019Assets 2020: $846,317Liabilities 2020: $1,040Net Assets 2020: $845,2772020Assets 2021: $924,540Liabilities 2021: $4,986Net Assets 2021: $919,5542021Assets 2022: $1,027,948Liabilities 2022: $3,476Net Assets 2022: $1,024,4722022

Highlighted filing

2015

Assets$1,070,062
Liabilities$74,328
Net Assets$995,734

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2013: $208,0492013Revenue 2014: $238,614Expenses 2014: $208,811Net Income 2014: $29,8032014Revenue 2015: $362,902Expenses 2015: $276,332Net Income 2015: $86,5702015Revenue 2016: $407,717Expenses 2016: $404,078Net Income 2016: $3,6392016Revenue 2017: $527,019Expenses 2017: $423,037Net Income 2017: $103,9822017Revenue 2018: $229,915Expenses 2018: $354,633Net Income 2018: -$124,7182018Revenue 2019: $299,759Expenses 2019: $348,072Net Income 2019: -$48,3132019Revenue 2020: $220,582Expenses 2020: $315,786Net Income 2020: -$95,2042020Revenue 2021: $441,255Expenses 2021: $366,978Net Income 2021: $74,2772021Revenue 2022: $495,009Expenses 2022: $390,091Net Income 2022: $104,9182022

Highlighted filing

2015

Revenue$362,902
Expenses$276,332
Net Income$86,570
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 15, 2016
Return Version
2014v6.0
Gross Receipts
$362,902
Mission and Program Overview

Mission

The mission of the david school is to provide a comprehensive educational program for the appalachian youth and adults who have limited financial resources and the potential to succeed in a non-traditional setting. The mission is achieved by creating nuturing school environment that offers all students, through individualized attention, the opportunity to experience success and to serve their community.

The mission of the david school is to provide a comprehensive educational program for he appalachian youth and adults who have limited financial resources and the potential to succeed in a non-traditional setting. The mission is achieved by creating a nurturing school environment that offers all students, through individualized attention, the opportunity to experience success and to serve their community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$941,415$927,386▼ $14,029
Cash and Non-Interest-Bearing Accounts$49,868$142,676▲ $92,808
Total Assets$991,303$1,070,062▲ $78,759
Other Assets Total$20--
Liabilities
Mortgage Notes Payable Secured by Investment Property$80,819$69,820▼ $10,999
Other Liabilities$0$4,508▲ $4,508
Accounts Payable and Accrued Expenses$1,320--
Total Liabilities$82,139$74,328▼ $7,811
Net Assets / Fund Balance
Unrestricted Net Assets$909,164$995,734▲ $86,570
Total Net Assets Fund Balance$909,164$995,734▲ $86,570
Total Liabilities and Net Assets / Fund Balance$991,303$1,070,062▲ $78,759

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$807,419$837,811$1,645,230
Equipment$26,719$225,918$252,637
Other Land Buildings$-2$113,949$113,947
Land$93,250-$93,250
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$314,902
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$48,000
All Other Contributions
$314,902
Change in Net Assets
$86,570
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$184,716
Salaries, Compensation, and Employee Benefits$91,616
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$88,300--$88,300
Depreciation Depletion$45,198--$45,198
All Other Expenses$34,387--$34,387
Insurance$15,597--$15,597
Other Expenses$12,614--$12,614
Interest$4,536--$4,536
Payroll Taxes$2,327--$2,327
Other Employee Benefits$989--$989
Total Functional Expenses$276,332$0$0$276,332
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$48,000
Gaming Direct Expenses$0
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$4,508
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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 11

Reviewed at monthly board meeting contact: ned pillersdorf, 124 court street, prestonsburg, ky (606) 886-8374

Form 990, Part VI, Section B, Line 15A

Salaries are set, reviewed and approved by the board of trustees.

Form 990, Part VI, Section C, Line 19

Form 990 is available upon request. Ned pillersdorf, 124 court street, prestonsburg, ky 606-886-8374

Filing and Contact Details

Filer

Filer Name
The David School Inc
EIN
31-0889471
Phone
6068866090
Address
124 W COURT STREET, PRESTONBURG, KY 41653

Signing Officer

Name
Ned Pillersdorf
Title
Chairman
Phone
6068868374
Signed
2016-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ned Pillersdorf
Formed
1973
Legal Domicile
Ky
Voting Board Members
10
Independent Board Members
10
Employees
3
Volunteers
0

Preparer

Firm
John P Schmidt CPA Psc
Address
209 TOWNEPARK CIRCLE SUITE 100, LOUISVILLE, KY 40243
Preparer
John P Schmidt CPA
Phone
5022541040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Supplies and materials: program service expenses 10146. Management and general expenses 0. Fundraising expenses 0. Total expenses 10146. Office supplies and expense: program service expenses 6403. Management and general expenses 0. Fundraising expenses 0. Total expenses 6403. Telephone and communications: program service expenses 6072. Management and general expenses 0. Fundraising expenses 0. Total expenses 6072. Transportation expense: program service expenses 4446. Management and general expenses 0. Fundraising expenses 0. Total expenses 4446. School maintenance and repairs: program service expenses 4300. Management and general expenses 0. Fundraising expenses 0. Total expenses 4300. Dues, subscriptions and fees: program service expenses 2007. Management and general expenses 0. Fundraising expenses 0. Total expenses 2007. Student services: program service expenses 1013. Management and general expenses 0. Fundraising expenses 0. Total expenses 1013.

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IRS990ScheduleD/BuildingsGrp/BookValueAmt0807419
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0837811
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01645230
IRS990ScheduleD/EquipmentGrp/BookValueAmt026719
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0225918
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0252637
IRS990ScheduleD/LandGrp/BookValueAmt093250
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt093250
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-2
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0113949
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0113947
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04508
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0927386
IRS990ScheduleD/TotalLiabilityAmt04508
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
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
IRS990ScheduleG/CharitableDistributionRqrInd00
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt048000
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt048000
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt048000
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd00
IRS990ScheduleG/GamingManagerPersonNm0ORGANIZATION PERSONNEL
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/IndividualWithBooksNm0ORGANIZATION PERSONNEL
IRS990ScheduleG/LicensedInd00
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0124 COURT STREET
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0PRESTONSBURG
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0KY
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd041653
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED AT MONTHLY BOARD MEETING CONTACT: NED PILLERSDORF, 124 COURT STREET, PRESTONSBURG, KY (606) 886-8374
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SALARIES ARE SET, REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS AVAILABLE UPON REQUEST. NED PILLERSDORF, 124 COURT STREET, PRESTONSBURG, KY 606-886-8374
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUPPLIES AND MATERIALS: PROGRAM SERVICE EXPENSES 10146. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10146. OFFICE SUPPLIES AND EXPENSE: PROGRAM SERVICE EXPENSES 6403. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6403. TELEPHONE AND COMMUNICATIONS: PROGRAM SERVICE EXPENSES 6072. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6072. TRANSPORTATION EXPENSE: PROGRAM SERVICE EXPENSES 4446. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4446. SCHOOL MAINTENANCE AND REPAIRS: PROGRAM SERVICE EXPENSES 4300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4300. DUES, SUBSCRIPTIONS AND FEES: PROGRAM SERVICE EXPENSES 2007. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2007. STUDENT SERVICES: PROGRAM SERVICE EXPENSES 1013. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1013.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0991303
IRS990/TotalAssetsEOYAmt01070062
IRS990/TotalAssetsGrp/BOYAmt0991303
IRS990/TotalAssetsGrp/EOYAmt01070062
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0314902
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0276332
IRS990/TotalFunctionalExpensesGrp/TotalAmt0276332
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt082139
IRS990/TotalLiabilitiesEOYAmt074328
IRS990/TotalLiabilitiesGrp/BOYAmt082139
IRS990/TotalLiabilitiesGrp/EOYAmt074328
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0909164
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0995734
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0276332
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt048000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0362902
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0991303
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01070062
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0909164
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0995734
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0124 W COURT STREET
IRS990/USAddress/CityNm0PRESTONSBURG
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd041653
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0THEDAVIDSCHOOL.NET
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NED PILLERSDORF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum06068868374
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE DAVID SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0DAVI
ReturnHeader/Filer/EIN0310889471
ReturnHeader/Filer/PhoneNum06068866090
ReturnHeader/Filer/USAddress/AddressLine1Txt0124 W COURT STREET
ReturnHeader/Filer/USAddress/CityNm0PRESTONBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd041653
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611276110
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN P SCHMIDT CPA PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0209 TOWNEPARK CIRCLE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOUISVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040243

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