Civic Intelligence

Pride Academy Inc.

990 • Fiscal year 2020 • EIN 35-2336245

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

5711 North Michigan RoadIndianapolis, IN 46224

(317) 373-5183

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.91x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.19x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

14th percentile

-26%

Higher net margin than 14% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

67th percentile

$50,075

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

2nd percentile

-49%

Faster asset growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

89th percentile

70%

Faster revenue growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$165,975

Down $159,832 (-49%) from 2019

Net Assets

Down

$15,668

Down $308,254 (-95%) from 2019

Liabilities

Up

$150,307

Up $148,422 (+7874%) from 2019

Revenue

Up

$790,048

Up $326,195 (+70%) from 2019

Expenses

Up

$992,287

Up $852,356 (+609%) from 2019

Net Income

Down

-$202,239

Down $526,161 (-162%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2019: $325,807Liabilities 2019: $1,885Net Assets 2019: $323,9222019Assets 2020: $165,975Liabilities 2020: $150,307Net Assets 2020: $15,6682020Assets 2021: $194,952Liabilities 2021: $146,561Net Assets 2021: $48,3912021Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2020

Assets$165,975
Liabilities$150,307
Net Assets$15,668

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2019: $463,853Expenses 2019: $139,931Net Income 2019: $323,9222019Revenue 2020: $790,048Expenses 2020: $992,287Net Income 2020: -$202,2392020Revenue 2021: $595,537Expenses 2021: $553,229Net Income 2021: $42,3082021Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2020

Revenue$790,048
Expenses$992,287
Net Income-$202,239
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$790,048
Mission and Program Overview

Mission

We believe every child deserves a childhood and has the right to reach his or her full potential. Because we hold these beliefs, we strive to provide a rich environment for each child to progress in their social, emotional, physical and cognitive skills so that they can completely function in society as well as facilitate the learning and understanding of social and life rules.

See Part III, line 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$0$120,538▲ $120,538
Accounts Receivable$20,845$18,211▼ $2,634
Land, Buildings, and Equipment, Net-$15,956-
Rtn Earn Endowment Incm Other Fnds$323,922$15,668▼ $308,254
Cash and Non-Interest-Bearing Accounts$304,962$11,270▼ $293,692
Savings and Temporary Cash Investments$0--
Other Notes and Loans Receivable, Net$0--
Pledges and Grants Receivable$0--
Receivable From Disqualified Prsn$0--
Investments Other Securities$0--
Investments in Publicly Traded Securities$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0--
Inventories for Sale or Use$0--
Loans From Officers Directors$0--
Prepaid Expenses and Deferred Charges$0--
Total Assets$325,807$165,975▼ $159,832
Other Assets Total$0--
Liabilities
Unsecured Notes Loans Payable$0$149,900▲ $149,900
Accounts Payable and Accrued Expenses$1,885$407▼ $1,478
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$1,885$150,307▲ $148,422
Net Assets / Fund Balance
Total Net Assets Fund Balance$323,922$15,668▼ $308,254
Total Liabilities and Net Assets / Fund Balance$325,807$165,975▼ $159,832

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$-809--
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$15,956$1,197$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Alisia JacksonExecutive DirectorFT$50,075$50,075

Board Members and Trustees

NameTitle
Donald BradleyPresident
Andrea EvansBoard Member
April FullerBoard Member
Dr Yvonne ONeal AlluBoard Member
Kirsma GarrettBoard Member
SGT Miranda WilsonBoard Member
Tanisha GroomsBoard Member
Lucille BradleySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,280
Program Service Revenue
$662,105
Investment Income
$857
Other Revenue
$122,806
All Other Contributions
$250
Change in Net Assets
$-202,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$967,107
Salaries, Compensation, and Employee Benefits$25,180
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses-$889,763-$889,763
Other Salaries and Wages$23,353--$23,353
Occupancy-$17,857-$17,857
Fees for Services Other-$17,301-$17,301
Office Expenses-$11,932-$11,932
Insurance-$8,398-$8,398
Travel-$1,897-$1,897
Other Expenses$1,210$0$0$1,210
Depreciation Depletion$1,197--$1,197
Other Employee Benefits-$1,168-$1,168
Fees for Services Legal-$1,043-$1,043
Payroll Taxes$659--$659
Total Functional Expenses$42,928$949,359$0$992,287
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Alisia JacksonExecutive DirectorPayment of rentsNo$8,172

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
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 11B

Form 990 was prepared from financial statements provided by the organization. The financials were complied by an independent accountant with 30 years of accounting, tax auditing, review and preparation experience. The compliation resulted in no material modifications to the financials in order for such financials to be in conformity with applicable financial reporting framework.

Form 990, Part VI, Section C, Line 19

The organization will honor any written request for information as required under IRC section 6104(a) provided the requests requirements are met.

Filing and Contact Details

Filer

Filer Name
Pride Academy Inc
EIN
35-2336245
Phone
3173735183
Address
5711 North Michigan Road, Indianapolis, IN 46224

Signing Officer

Name
Alisia Jackson
Title
Executive Director
Phone
3173735183
Signed
2021-11-10

Organization Details

Principal Officer
Alisia Jackson
Formed
2016
Legal Domicile
In
Voting Board Members
9
Independent Board Members
8
Employees
19
Volunteers
384
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 3B

Unrelated business gross income was substantially less than the expenses associated with such income resulting in a loss thus no income tax would be due.

Form 990, Part IX, Line 24E

Miscellaneous 279,439 PLUS Pride Trucking 610,323 EQUALS 889,763

Form 990, Part XI, Line 9

Balancing adjustment -106,014 to reconcile Form 990 to the year-end financial statements.

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IRS990/Desc0CCDF and Program Services. Pride Academy ensures every child is equipped with the proper knowledge to begin their educational journey while providing every child with quality love, care and a healthy environment. Pride Academy develops every childs social motor and compresensive skills which allow them to become successful, healthy and productive.
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrincipalOfficerNm0Alisia Jackson
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624410
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IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0100905
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IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0On my Way Pre-K. Starting at age 2, Pride's trained staff provides gross and fine motor development skill activities to promote physical growth. To grow their minds, children engage in daily fun, thought provoking activities that focus on themes of the week, letters, numbers, colors and shapes as well as arts and crafts.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02853
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02906
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0525
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IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt049659
IRS990/PYOtherRevenueAmt0539
IRS990/PYProgramServiceRevenueAmt0462789
IRS990/PYRevenuesLessExpensesAmt0323922
IRS990/PYSalariesCompEmpBnftPaidAmt090272
IRS990/PYTotalExpensesAmt0139931
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0463853
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-202239
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0100905
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0323922
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt015668
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01550
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0392092
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt0392092
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01550
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0390542
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0392092
IRS990ScheduleA/TotalSupportAmt0392092
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt015956
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01197
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt017153
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt134755
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2-809
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Capital Group IRA
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Lincoln Life
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2Other Investments
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
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IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00

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