Civic Intelligence

Drop Out to Degree Program Inc

990 • Fiscal year 2023 • EIN 32-0347935

Jan 01, 2023 to Dec 31, 2023 • Filed on May 10, 2024

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

75th percentile

0.19x

Higher debt load relative to assets than 75% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

1.15x

Higher debt load relative to revenue than 92% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

81st percentile

29%

Higher net margin than 81% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

55th percentile

$3,140

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

56th percentile

6.4%

Faster asset growth than 56% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

69th percentile

27%

Faster revenue growth than 69% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$928,619

Up $56,088 (+6.4%) from 2022

Net Assets

Up

$749,263

Up $36,466 (+5.1%) from 2022

Liabilities

Up

$179,356

Up $19,622 (+12%) from 2022

Revenue

Up

$156,388

Up $32,778 (+27%) from 2022

Expenses

Up

$111,543

Up $36,365 (+48%) from 2022

Net Income

Down

$44,845

Down $3,587 (-7.4%) 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 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 2023: $928,619Liabilities 2023: $179,356Net Assets 2023: $749,2632023Assets 2024: $970,806Liabilities 2024: $179,356Net Assets 2024: $791,4502024

Highlighted filing

2023

Assets$928,619
Liabilities$179,356
Net Assets$749,263

Operations Trend

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

$200K$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 2023: $156,388Expenses 2023: $111,543Net Income 2023: $44,8452023Revenue 2024: $115,139Expenses 2024: $75,959Net Income 2024: $39,1802024

Highlighted filing

2023

Revenue$156,388
Expenses$111,543
Net Income$44,845
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 10, 2024
Return Version
2023v5.0
Gross Receipts
$158,656
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$777,367$751,123▼ $26,244
Loans From Officers Directors$159,734$179,356▲ $19,622
Cash and Non-Interest-Bearing Accounts$95,102$177,434▲ $82,332
Total Assets$872,531$928,619▲ $56,088
Other Assets Total$62$62→ $0
Liabilities
Unsecured Notes Loans Payable$0--
Total Liabilities$159,734$179,356▲ $19,622
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$698,497$734,963▲ $36,466
Net Assets With Donor Restrictions$14,300$14,300→ $0
Total Net Assets Fund Balance$712,797$749,263▲ $36,466
Total Liabilities and Net Assets / Fund Balance$872,531$928,619▲ $56,088

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$597,394$129,406$711,800
Other Land Buildings$64,647$8,851-
Land$60,800--
Equipment$28,282$71,171-
Leasehold Improvements$0$0-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
-Executive DirectorPT$3,140$3,140

Board Members and Trustees

NameTitle
Mrs Keisha Pettaway-WhiteChair of the Board
Ms Barbara Ridley NAVice-Chair
Deon GuidryBoard Member
Dr Phyllis Moore-TolliverBoard Member
Mr Verlon FarrisBoard Member
Thomas KernsBoard Member
Corienne HutchesonSecretary
Mrs Ann Slater CIATreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$149,424
Program Service Revenue
$0
Investment Income
$7
Other Revenue
$6,957
All Other Contributions
$148,706
Change in Net Assets
$44,845
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$109,043
Total Fundraising Expense$16,128
Grants and Similar Amounts Paid$2,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$34,038$22,765$9,756$66,559
Depreciation Depletion$16,974$11,881$5,092$33,947
Insurance$2,614$1,830$784$5,228
Grants to Domestic Individuals$2,500--$2,500
Fees for Services Accounting$275$193$82$550
Advertising$137$95$41$273
Total Functional Expenses$57,781$37,634$16,128$111,543
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,670
Fundraising Direct Expenses$2,268
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$159,734$179,356▲ $19,622
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
2024-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Phyllis Moore-Tolliver
Formed
2009
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
8
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 decrease 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 41770. 20885. 14620. 6265.

Form 990, Part IX, Line 24E

Utilities 4638. 2319. 1623. 696.

Form 990, Part IX, Line 24E

Business Meals 3892. 1946. 1362. 584.

Form 990, Part IX, Line 24E

Security 903. 452. 316. 135.

Form 990, Part IX, Line 24E

Outside Contract Services 5230. 2615. 1830. 785.

Form 990, Part IX, Line 24E

Equipment Rent 159. 79. 56. 24.

Form 990, Part IX, Line 24E

Computer & Internet 1243. 622. 435. 186.

Form 990, Part IX, Line 24E

Supplies 5499. 2750. 1924. 825.

Form 990, Part IX, Line 24E

Cleaning Supplies & PPE 1710. 855. 599. 256.

Form 990, Part IX, Line 24E

Other Program Expenses 1515. 1515. 0. 0.

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IRS990/ReconcilationRevenueExpnssAmt044845
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt06555
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02670
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0156381
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0124243
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt048585
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt043003
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt022891
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0395103
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01437
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01453
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01437
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01453
IRS990ScheduleA/InvestmentIncomeCYPct00.00370
IRS990ScheduleA/InvestmentIncomePYPct00.00570
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99630
IRS990ScheduleA/PublicSupportPY509Pct00.99430
IRS990ScheduleA/PublicSupportTotal509Amt0395103
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0156381
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0124243
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt048585
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt043003
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt022891
IRS990ScheduleA/Total509Grp/TotalAmt0395103
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0396556
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0597394
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0129406
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt015000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0711800
IRS990ScheduleD/EquipmentGrp/BookValueAmt028282
IRS990ScheduleD/EquipmentGrp/DepreciationAmt071171
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt099453
IRS990ScheduleD/LandGrp/BookValueAmt060800
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt060800
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt064647
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08851
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt073498
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0751123
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 decrease in fixed assets.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Providing meals to prison inmates in GED program. 0. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Repairs & Maintenance 41770. 20885. 14620. 6265.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Utilities 4638. 2319. 1623. 696.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Business Meals 3892. 1946. 1362. 584.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Security 903. 452. 316. 135.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Outside Contract Services 5230. 2615. 1830. 785.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Equipment Rent 159. 79. 56. 24.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Computer & Internet 1243. 622. 435. 186.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Supplies 5499. 2750. 1924. 825.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Cleaning Supplies & PPE 1710. 855. 599. 256.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Other Program Expenses 1515. 1515. 0. 0.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0VA

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