Civic Intelligence

Drop Out to Degree Program Inc

990 • Fiscal year 2022 • EIN 32-0347935

Jan 01, 2022 to Dec 31, 2022 • Filed on May 10, 2023

24128 Cabin Point RoadDisputanta, VA 23842

(267) 226-8644

Siviq Scores

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

Liabilities / Assets

74th percentile

0.18x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

93rd percentile

1.29x

Higher debt load relative to revenue than 93% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

85th percentile

39%

Higher net margin than 85% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

62nd percentile

8.5%

Faster asset growth than 62% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

92nd percentile

154%

Faster revenue growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$872,531

Up $68,045 (+8.5%) from 2021

Net Assets

Up

$712,797

Up $72,635 (+11%) from 2021

Liabilities

Down

$159,734

Down $4,590 (-2.8%) from 2021

Revenue

Up

$123,610

Up $75,021 (+154%) from 2021

Expenses

Up

$75,178

Up $7,056 (+10%) from 2021

Net Income

Up

$48,432

Up $67,965 (+348%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2018: $858,844Liabilities 2018: $106,761Net Assets 2018: $752,0832018Assets 2020: $785,950Liabilities 2020: $123,751Net Assets 2020: $662,1992020Assets 2021: $804,486Liabilities 2021: $164,324Net Assets 2021: $640,1622021Assets 2022: $872,531Liabilities 2022: $159,734Net Assets 2022: $712,7972022Assets 2024: $970,806Liabilities 2024: $179,356Net Assets 2024: $791,4502024

Highlighted filing

2022

Assets$872,531
Liabilities$159,734
Net Assets$712,797

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2018: $17,917Expenses 2018: $55,869Net Income 2018: -$37,9522018Revenue 2020: $44,440Expenses 2020: $64,446Net Income 2020: -$20,0062020Revenue 2021: $48,589Expenses 2021: $68,122Net Income 2021: -$19,5332021Revenue 2022: $123,610Expenses 2022: $75,178Net Income 2022: $48,4322022Revenue 2024: $115,139Expenses 2024: $75,959Net Income 2024: $39,1802024

Highlighted filing

2022

Revenue$123,610
Expenses$75,178
Net Income$48,432
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 10, 2023
Return Version
2022v5.0
Gross Receipts
$124,248
Mission and Program Overview

Mission

To assist in preparing youth and adults for the unique challenges of getting into a college or university that fits their needs, returning to college in the near future, or receiving

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$732,708$777,367▲ $44,659
Loans From Officers Directors$149,324$159,734▲ $10,410
Cash and Non-Interest-Bearing Accounts$71,716$95,102▲ $23,386
Total Assets$804,486$872,531▲ $68,045
Other Assets Total$62$62→ $0
Liabilities
Unsecured Notes Loans Payable$15,000$0▼ $15,000
Total Liabilities$164,324$159,734▼ $4,590
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$625,862$698,497▲ $72,635
Net Assets With Donor Restrictions$14,300$14,300→ $0
Total Net Assets Fund Balance$640,162$712,797▲ $72,635
Total Liabilities and Net Assets / Fund Balance$804,486$872,531▲ $68,045

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$610,866$100,934$711,800
Other Land Buildings$67,282$6,216-
Land$60,800--
Equipment$38,419$61,034-
Leasehold Improvements$0$0-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Msg R Olanda TolliverChairman
Ms Carolyn RoneyVice-Chairman
Corienne HutchesonBoard Member
Keisha PettawayBoard Member
Mr Verlon FarrisBoard Member
Ms Ann T SlaterBoard Member
Thomas KernsBoard Member
Dr Phyllis Moore-TolliverED & Founder
Ms Barbara RidleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$120,405
Program Service Revenue
$0
Investment Income
$5
Other Revenue
$3,200
All Other Contributions
$115,285
Change in Net Assets
$48,432
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$71,563
Total Fundraising Expense$10,731
Grants and Similar Amounts Paid$3,615
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$18,120$12,685$5,435$36,240
Depreciation Depletion$13,921$9,745$4,176$27,842
Insurance$2,302$1,611$690$4,603
Grants to Domestic Individuals$2,500--$2,500
Grants to Domestic Orgs$1,115--$1,115
Fees for Services Accounting$250$175$75$500
Other Expenses$78$55$23$156
Total Functional Expenses$39,398$25,049$10,731$75,178
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Obici HealthcareSuffolk, VA-Health & wellness$40,000
Dominion EnergyRichmond, VA-Capacity Building$25,000
Cameron FoundationPetersburg, VA-Capacity building$15,360
M&M Family FoundationSpringfield, VA-Youth program$6,250
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,838
Fundraising Direct Expenses$638
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
Loans from Officers, Directors, Trustees, and Key Employees$149,324$159,734▲ $10,410
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
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
Filing and Contact Details

Filer

Filer Name
Drop Out to Degree Program Inc
EIN
32-0347935
Phone
2672268644
Address
24128 Cabin Point Road, Disputanta, VA 23842
Doing Business As
Jessica Ann Moore Foundation

Signing Officer

Name
Dr Phyllis T Moore-Tolliver
Title
Executive Director
Phone
2672268644
Signed
2023-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Phyllis Moore-Tolliver
Formed
2009
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
7
Employees
0
Volunteers
5

Preparer

Firm
Denise B Webb CPA Consulting
Address
8383 Cardova Road, Richmond, VA 23227
Preparer
Denise Webb
Phone
8043070017
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The CPA preparing the 990 reviews the document in its entirety with certain officers and directors of the organization.

Pt VI, Line 2

The Executive Director/Founder is married to the Board Chair.

Pt XI

Renovation was completed on Jackson Elementary School and building was opened in October 2017. Building houses the organization's programs and offices. The organization's board chair and executive director lent the organization $51,500 to purchase the building from the City. Building was subsequently appraised for $1,448,000 after renovation, representing a stepped up value in the investment. Computers and Furniture/Equipment were also purchased for $5,000 and $60,000 respectively. In 2018, the Executive Director was told by the County Commissioner that a recent appraisal of the building has not been done and that the value may have decreased. Therefore, we have reduced the value of the building to $700,000 to be conservative and more in line with what the County's appraisal may render.

Pt XI

Line 9 Other Changes: To reduce the value of the building to $700,000 and correctly restate net assets.

Pt XI

Reconciling item. Net increase in fixed assets.

Form 990, Part III, Line 4D

Providing meals to prison inmates in GED program. 0. 0. 0.

Form 990, Part IX, Line 24E

Repairs & Maintenance 18596. 9298. 6509. 2789.

Form 990, Part IX, Line 24E

Utilities 4994. 2497. 1748. 749.

Form 990, Part IX, Line 24E

Business Meals 3968. 1984. 1389. 595.

Form 990, Part IX, Line 24E

Security 957. 479. 335. 143.

Form 990, Part IX, Line 24E

Advertising 62. 31. 22. 9.

Form 990, Part IX, Line 24E

Outside Contract Services 3932. 1966. 1376. 590.

Form 990, Part IX, Line 24E

Travel 866. 433. 303. 130.

Form 990, Part IX, Line 24E

Bank Fees 0. 0. 0. 0.

Form 990, Part IX, Line 24E

Supplies 2865. 1432. 1003. 430.

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IRS990/RevenueAmt03838
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0124243
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt048585
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt043003
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt022891
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt011479
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0250201
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01437
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01446
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01437
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01446
IRS990ScheduleA/InvestmentIncomeCYPct00.00570
IRS990ScheduleA/InvestmentIncomePYPct00.01130
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99430
IRS990ScheduleA/PublicSupportPY509Pct00.98870
IRS990ScheduleA/PublicSupportTotal509Amt0250201
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0124243
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt048585
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt043003
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt022891
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt011479
IRS990ScheduleA/Total509Grp/TotalAmt0250201
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0251647
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0610866
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0100934
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0711800
IRS990ScheduleD/EquipmentGrp/BookValueAmt038419
IRS990ScheduleD/EquipmentGrp/DepreciationAmt061034
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt099453
IRS990ScheduleD/LandGrp/BookValueAmt060800
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt060800
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt067282
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06216
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt073498
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0777367
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt015360
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt26250
IRS990ScheduleI/RecipientTable/CashGrantAmt340000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Capacity building
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Capacity Building
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Youth program
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Health & wellness
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Cameron Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Dominion Energy
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2M&M Family Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Obici Healthcare
IRS990ScheduleI/RecipientTable/RecipientEIN0200097152
IRS990ScheduleI/RecipientTable/RecipientEIN1472746460
IRS990ScheduleI/RecipientTable/RecipientEIN2861578095
IRS990ScheduleI/RecipientTable/RecipientEIN3510249728
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0228 S Sycamore St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1701 E Cary St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt25903 Sherborn Ln
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3106 W Finney Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Petersburg
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Richmond
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Springfield
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Suffolk
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd023803
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd123219
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd222152
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd323434
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt040000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt111500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Buy building
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Buy building
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt040000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt111500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Olanda Toliver
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Phyllis Toliver
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Board Chair
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Exec Dir
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/TotalBalanceDueAmt051500
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The CPA preparing the 990 reviews the document in its entirety with certain officers and directors of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Executive Director/Founder is married to the Board Chair.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Renovation was completed on Jackson Elementary School and building was opened in October 2017. Building houses the organization's programs and offices. The organization's board chair and executive director lent the organization $51,500 to purchase the building from the City. Building was subsequently appraised for $1,448,000 after renovation, representing a stepped up value in the investment. Computers and Furniture/Equipment were also purchased for $5,000 and $60,000 respectively. In 2018, the Executive Director was told by the County Commissioner that a recent appraisal of the building has not been done and that the value may have decreased. Therefore, we have reduced the value of the building to $700,000 to be conservative and more in line with what the County's appraisal may render.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Line 9 Other Changes: To reduce the value of the building to $700,000 and correctly restate net assets.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Reconciling item. Net increase in fixed assets.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Providing meals to prison inmates in GED program. 0. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Repairs & Maintenance 18596. 9298. 6509. 2789.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Utilities 4994. 2497. 1748. 749.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Business Meals 3968. 1984. 1389. 595.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Security 957. 479. 335. 143.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Advertising 62. 31. 22. 9.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Outside Contract Services 3932. 1966. 1376. 590.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Travel 866. 433. 303. 130.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Bank Fees 0. 0. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Supplies 2865. 1432. 1003. 430.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part III, Line 4d

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