Civic Intelligence

String Theory Schools

990 • Fiscal year 2021 • EIN 45-2656760

Jul 01, 2020 to Jun 30, 2021 • Filed on May 12, 2022

Organization ProfileWWW.STRINGTHEORYSCHOOLS.COM
1600 Vine StreetPhiladelphia, PA 19102

(856) 505-1300

Siviq Scores

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

Liabilities / Assets

54th percentile

0.09x

Higher debt load relative to assets than 54% of similar nonprofits.

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

Liabilities / Revenue

48th percentile

0.08x

Higher debt load relative to revenue than 48% of similar nonprofits.

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

Net Margin

53rd percentile

14%

Higher net margin than 53% of similar nonprofits.

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

Top Officer Pay

95th percentile

$307,833

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

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

Asset Growth

69th percentile

21%

Faster asset growth than 69% of similar nonprofits.

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

Revenue Growth

33rd percentile

0.8%

Faster revenue growth than 33% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$3,302,982

Up $579,725 (+21%) from 2020

Net Assets

Up

$3,006,053

Up $534,205 (+22%) from 2020

Liabilities

Up

$296,929

Up $45,520 (+18%) from 2020

Revenue And Expenses
Liabilities / Revenue48th percentileNet Margin53rd percentile

Revenue

Up

$3,760,795

Up $31,407 (+0.8%) from 2020

Expenses

Down

$3,226,590

Down $386,345 (-11%) from 2020

Net Income

Up

$534,205

Up $417,752 (+359%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $1,165,769Liabilities 2013: $424,096Net Assets 2013: $741,6732013Assets 2014: $1,132,816Liabilities 2014: $275,105Net Assets 2014: $857,7112014Assets 2015: $1,213,378Liabilities 2015: $224,464Net Assets 2015: $988,9142015Assets 2016: $1,604,896Liabilities 2016: $390,087Net Assets 2016: $1,214,8092016Assets 2017: $1,904,732Liabilities 2017: $223,061Net Assets 2017: $1,681,6712017Assets 2018: $2,487,494Liabilities 2018: $338,157Net Assets 2018: $2,149,3372018Assets 2019: $2,756,795Liabilities 2019: $401,400Net Assets 2019: $2,355,3952019Assets 2020: $2,723,257Liabilities 2020: $251,409Net Assets 2020: $2,471,8482020Assets 2021: $3,302,982Liabilities 2021: $296,929Net Assets 2021: $3,006,0532021Assets 2022: $2,668,571Liabilities 2022: $231,867Net Assets 2022: $2,436,7042022Assets 2023: $2,995,732Liabilities 2023: $194,295Net Assets 2023: $2,801,4372023

Highlighted filing

2021

Assets$3,302,982
Liabilities$296,929
Net Assets$3,006,053
Open 2021 Filing

Operations Trend

Revenue Growth33rd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $3,513,034Expenses 2013: $2,987,598Net Income 2013: $525,4362013Revenue 2014: $2,289,753Expenses 2014: $2,173,715Net Income 2014: $116,0382014Revenue 2015: $2,900,197Expenses 2015: $2,768,994Net Income 2015: $131,2032015Revenue 2016: $3,694,767Expenses 2016: $3,468,872Net Income 2016: $225,8952016Revenue 2017: $3,054,207Expenses 2017: $2,587,345Net Income 2017: $466,8622017Revenue 2018: $3,214,416Expenses 2018: $2,746,750Net Income 2018: $467,6662018Revenue 2019: $3,408,817Expenses 2019: $3,202,759Net Income 2019: $206,0582019Revenue 2020: $3,729,388Expenses 2020: $3,612,935Net Income 2020: $116,4532020Revenue 2021: $3,760,795Expenses 2021: $3,226,590Net Income 2021: $534,2052021Revenue 2022: $3,922,429Expenses 2022: $4,491,778Net Income 2022: -$569,3492022Revenue 2023: $4,139,575Expenses 2023: $3,774,842Net Income 2023: $364,7332023

Highlighted filing

2021

Revenue$3,760,795
Expenses$3,226,590
Net Income$534,205
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 12, 2022
Return Version
2020v4.2
Gross Receipts
$3,760,795
Mission and Program Overview

Mission

The primary mission of string theory schools is to provide an intellectually stimulating curriculum with an international focus, emphasizing the arts, languages, ideas, and histories, from an array of cultures from around the world. To meet its goals, the school draws heavily on the resources available in philadelphia- the museums, historic landmarks, businesses, schools, parks, communities, and families.

Provide stimulating curriculum with an international focus, emphasizing the arts, languages, ideas, and histories, from an array of cultures

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,589,793$3,154,053▲ $564,260
Land, Buildings, and Equipment, Net$94,469$75,333▼ $19,136
Prepaid Expenses and Deferred Charges$24,641$65,060▲ $40,419
Accounts Receivable$14,354$8,536▼ $5,818
Total Assets$2,723,257$3,302,982▲ $579,725
Liabilities
Accounts Payable and Accrued Expenses$183,515$229,035▲ $45,520
Other Liabilities$67,894$67,894→ $0
Total Liabilities$251,409$296,929▲ $45,520
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,471,848$3,006,053▲ $534,205
Total Net Assets Fund Balance$2,471,848$3,006,053▲ $534,205
Total Liabilities and Net Assets / Fund Balance$2,723,257$3,302,982▲ $579,725

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$75,333$190,897$266,230
Buildings$0$50,162$50,162
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Angela CorosaniteCEOFT$258,665$49,168$307,833
J Jason CorosaniteCIOFT$207,973$43,525$251,498
Allison HusseyPsychologistFT$151,681$26,570$178,251
Danielle ShylitDirector of InnovationFT$114,693$38,849$153,542
Rachel RaviorDirector of TestingFT$119,048$32,673$151,721
Greg BeidlemanDirector of TechFT$116,579$33,620$150,199
Michelle FaulknerDirector of Spec EdFT$122,760$27,084$149,844
Thayne DibbleCompliance ManagerFT$110,824$26,005$136,829
Thomas CorosaniteDirector of FacilitiesFT$128,860$3,751$132,611
Adreine CaponeAcademic SupervisorFT$115,465$3,278$118,743

Board Members and Trustees

NameTitle
MARY RITA D'ALESSANDROChairman
Devida JenkinsVice Chairman
David ReazerBoard Member
Frank GentherBoard Member
Norman BalchunasBoard Member
Sandra MillerSecretary
Joann SitoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Sand & Saidel PCLegal Services113 SOUTH 21ST, Philadelphia, PA 19103$173,974
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,717,000
Investment Income
$346
Other Revenue
$43,449
Change in Net Assets
$534,205

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,760,795
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,760,795
Total Revenue per Form 990
$3,760,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,341,444
Other Expenses$885,146
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,333,344--$1,333,344
Current Officers, Directors, Trustees, and Key Employees-$462,686-$462,686
Other Employee Benefits$264,064$70,787-$334,851
Fees for Services Legal$300,387--$300,387
Fees for Services Other$291,572--$291,572
Payroll Taxes$104,148$23,903-$128,051
Office Expenses$54,437$60,291-$114,728
Pension Plan Contributions$60,809$21,703-$82,512
Insurance$61,116--$61,116
Fees for Services Management$60,678--$60,678
Depreciation Depletion$27,964--$27,964
Travel-$10,499-$10,499
Fees for Services Accounting$9,000--$9,000
Other Expenses$2,400$4,028-$2,400
Total Functional Expenses$2,572,693$653,897$0$3,226,590

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,226,590
Total Expenses per Audited Statements$3,226,590
Total Expenses per Form 990$3,226,590
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
-Mother/sonSalaries and BenefitNo$462,686
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Educational Consulting Services Retainers$67,894
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Angela corosanite ceo mother j.jason corosanite coo son angela corosanite ceo in-laws thomas corosanite dir. Facilit”

Form 990, Part VI, Section A, Line 3

“Santilli & thomson llc is the business office for the school and michael thomson/michael danyo act as the controller for the school”

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

“Form 990 is prepared by cpa firm, reviewed by business office, and then by the board”

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

“Organization reviews statements of financial interest that are filed by each board member on an annual basis for any potential conflicts”

Form 990, Part VI, Section B, Line 15

“Compensation process for officers: comprehensive survey or study of philadelphia area charter schools”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request”

Filing and Contact Details

Filer

Filer Name
String Theory Schools
EIN
45-2656760
Phone
8565051300
Address
1600 VINE STREET, PHILADELPHIA, PA 19102

Signing Officer

Name
Michael Danyo
Title
CEO
Phone
8565051300
Signed
2022-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angela Corosanite
Formed
2011
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
18
Volunteers
6

Preparer

Firm
Haefele Flanagan & Co Pc
Address
1000 S LENOLA ROAD, MAPLE SHADE, NJ 08052
Preparer
James a Rogers Jr CPA
Phone
8567225300
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“The organization has not changed its oversight process nor its selection of an independent accountant during the tax process”

Financial Statement Notes

PART X, LINE 2:

“The org is a not-for-profit organization that is exempt from income taxes under section 501 (c) (3) of the internal revenue code. The org follows the accounting guidance for uncertainty in income taxes, which prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and also provides guidance on various related matters such as derecognition, interest, penalties and disclosures required. The org believes that it has appropriate support for any tax position taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The org's federal exempt organization business income tax returns (form 990) for 2020, 2019, and 2018 are subject to examination by the irs, generally three years after they were filed.”

Raw XML AppendixShowing 400 of 654 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/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR OF TECH
IRS990/Form990PartVIISectionAGrp/TitleTxt10ACADEMIC SUPERVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF FACILITIES
IRS990/Form990PartVIISectionAGrp/TitleTxt12COMPLIANCE MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt13PSYCHOLOGIST
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR OF SPEC ED
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF TESTING
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF INNOVATION
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IRS990/FSAuditedInd01
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE STIMULATING CURRICULUM WITH AN INTERNATIONAL FOCUS, EMPHASIZING THE ARTS, LANGUAGES, IDEAS, AND HISTORIES, FROM AN ARRAY OF CULTURES
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03006053
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt060291
IRS990/OfficeExpensesGrp/ProgramServicesAmt054437
IRS990/OfficeExpensesGrp/TotalAmt0114728
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt070787
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0264064
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0334851
IRS990/OtherExpensesGrp/Desc0EVENTS AND CONFERENCES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04028
IRS990/OtherExpensesGrp/ProgramServicesAmt02774
IRS990/OtherExpensesGrp/ProgramServicesAmt12400
IRS990/OtherExpensesGrp/TotalAmt04028
IRS990/OtherExpensesGrp/TotalAmt12774
IRS990/OtherExpensesGrp/TotalAmt22400
IRS990/OtherLiabilitiesGrp/BOYAmt067894
IRS990/OtherLiabilitiesGrp/EOYAmt067894
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt043449
IRS990/OtherRevenueTotalAmt043449
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01333344
IRS990/OtherSalariesAndWagesGrp/TotalAmt01333344
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt023903
IRS990/PayrollTaxesGrp/ProgramServicesAmt0104148
IRS990/PayrollTaxesGrp/TotalAmt0128051
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt021703
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt060809
IRS990/PensionPlanContributionsGrp/TotalAmt082512
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024641
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt065060
IRS990/PrincipalOfficerNm0ANGELA COROSANITE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT AND EDUCATI
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03717000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03717000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01478
IRS990/PYOtherExpensesAmt01027431
IRS990/PYOtherRevenueAmt0122700
IRS990/PYProgramServiceRevenueAmt03605210
IRS990/PYRevenuesLessExpensesAmt0116453
IRS990/PYSalariesCompEmpBnftPaidAmt02585504
IRS990/PYTotalExpensesAmt03612935
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03729388
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0534205
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03760449
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt02
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0PHILADELPHIA CHARTER SCHOOL FOR ARTS & SCIENCES
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1PHILADELPHIA PERFORMING ARTS CHARTER SCHOOL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt050162
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt050162
IRS990ScheduleD/EquipmentGrp/BookValueAmt075333
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0190897
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0266230
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03226590
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0EDUCATIONAL CONSULTING SERVICES RETAINERS
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORG IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE. THE ORG FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNITION, INTEREST, PENALTIES AND DISCLOSURES REQUIRED. THE ORG BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORG'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990) FOR 2020, 2019, AND 2018 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt075333
IRS990ScheduleD/TotalExpensesPerForm990Amt03226590
IRS990ScheduleD/TotalLiabilityAmt067894
IRS990ScheduleD/TotalRevenuePerForm990Amt03760795
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03760795
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03226590
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0258665
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1207973
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2151681

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,302,982
Liabilities
$296,929
Net assets
$3,006,053
Revenue
$3,760,795
Expenses
$3,226,590
Net income
$534,205
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$3.00$0.19$2.80$4.14$3.77$0.36
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.67$0.23$2.44$3.92$4.49$0.57
2021Detailed filing. Detailed filing data is available for this year.$3.30$0.30$3.01$3.76$3.23$0.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.72$0.25$2.47$3.73$3.61$0.12
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$0.40$2.36$3.41$3.20$0.21
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$0.34$2.15$3.21$2.75$0.47
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.22$1.68$3.05$2.59$0.47
2016Detailed filing. Detailed filing data is available for this year.$1.60$0.39$1.21$3.69$3.47$0.23
2015Detailed filing. Detailed filing data is available for this year.$1.21$0.22$0.99$2.90$2.77$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.13$0.28$0.86$2.29$2.17$0.12
2013Summary only. Only limited summary data is available for this year.$1.17$0.42$0.74$3.51$2.99$0.53
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $1M-$5M nonprofits