Civic Intelligence

Deca Prep Inc.

990 • Fiscal year 2018 • EIN 45-3744134

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

300 College ParkDayton, OH 45469

(937) 423-1085

Siviq Scores

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

Liabilities / Assets

91st percentile

0.97x

Higher debt load relative to assets than 91% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

84th percentile

1.49x

Higher debt load relative to revenue than 84% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

82nd percentile

28%

Higher net margin than 82% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

95th percentile

61%

Faster asset growth than 95% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

51st percentile

4.4%

Faster revenue growth than 51% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$13,961,678

Up $5,308,170 (+61%) from 2017

Net Assets

Up

$368,603

Up $1,218,140 (+143%) from 2017

Liabilities

Up

$13,593,075

Up $4,090,030 (+43%) from 2017

Revenue

Up

$9,128,900

Up $382,125 (+4.4%) from 2017

Expenses

Down

$6,594,182

Down $2,369,111 (-26%) from 2017

Net Income

Up

$2,534,718

Up $2,751,236 (+1271%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2013: $522,378Liabilities 2013: $178,492Net Assets 2013: $343,8862013Assets 2014: $757,079Liabilities 2014: $238,330Net Assets 2014: $518,7492014Assets 2016: $5,017,619Liabilities 2016: $6,429,425Net Assets 2016: -$1,411,8062016Assets 2017: $8,653,508Liabilities 2017: $9,503,045Net Assets 2017: -$849,5372017Assets 2018: $13,961,678Liabilities 2018: $13,593,075Net Assets 2018: $368,6032018Assets 2019: $14,302,133Liabilities 2019: $15,181,119Net Assets 2019: -$878,9862019Assets 2020: $14,284,325Liabilities 2020: $15,954,662Net Assets 2020: -$1,670,3372020Assets 2021: $14,986,678Liabilities 2021: $17,340,224Net Assets 2021: -$2,353,5462021Assets 2022: $15,851,214Liabilities 2022: $14,953,030Net Assets 2022: $898,1842022Assets 2023: $17,082,949Liabilities 2023: $16,472,894Net Assets 2023: $610,0552023Assets 2024: $20,104,499Liabilities 2024: $17,325,068Net Assets 2024: $2,779,4312024

Highlighted filing

2018

Assets$13,961,678
Liabilities$13,593,075
Net Assets$368,603

Operations Trend

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

$20M$10M$0-$10MExpenses 2013: $2,313,7042013Revenue 2014: $2,926,239Expenses 2014: $2,751,376Net Income 2014: $174,8632014Revenue 2016: $4,872,803Expenses 2016: $5,343,491Net Income 2016: -$470,6882016Revenue 2017: $8,746,775Expenses 2017: $8,963,293Net Income 2017: -$216,5182017Revenue 2018: $9,128,900Expenses 2018: $6,594,182Net Income 2018: $2,534,7182018Revenue 2019: $9,316,686Expenses 2019: $10,386,213Net Income 2019: -$1,069,5272019Revenue 2020: $11,115,093Expenses 2020: $11,906,444Net Income 2020: -$791,3512020Revenue 2021: $11,463,523Expenses 2021: $12,146,732Net Income 2021: -$683,2092021Revenue 2022: $14,709,594Expenses 2022: $11,457,864Net Income 2022: $3,251,7302022Revenue 2023: $14,872,674Expenses 2023: $15,160,803Net Income 2023: -$288,1292023Revenue 2024: $18,976,224Expenses 2024: $16,806,848Net Income 2024: $2,169,3762024

Highlighted filing

2018

Revenue$9,128,900
Expenses$6,594,182
Net Income$2,534,718
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$9,128,900
Mission and Program Overview

Mission

A k-6 school designed to immerse prospective first generation college students in a personalized, rigorous elementary curriculum to assure they will succeed in high school and college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$4,491,159$8,158,847▲ $3,667,688
Land, Buildings, and Equipment, Net$2,165,951$3,343,882▲ $1,177,931
Cash and Non-Interest-Bearing Accounts$1,112,544$1,872,937▲ $760,393
Pledges and Grants Receivable$864,119$558,831▼ $305,288
Accounts Receivable$1,735$9,181▲ $7,446
Total Assets$8,653,508$13,961,678▲ $5,308,170
Other Assets Total$18,000$18,000→ $0
Liabilities
Other Liabilities$9,423,423$13,038,795▲ $3,615,372
Deferred Revenue$37,179$532,924▲ $495,745
Accounts Payable and Accrued Expenses$42,443$21,356▼ $21,087
Total Liabilities$9,503,045$13,593,075▲ $4,090,030
Net Assets / Fund Balance
Unrestricted Net Assets$-849,537$368,603▲ $1,218,140
Total Net Assets Fund Balance$-849,537$368,603▲ $1,218,140
Total Liabilities and Net Assets / Fund Balance$8,653,508$13,961,678▲ $5,308,170

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,291,197$265,404$3,556,601
Land$52,685-$52,685
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David TaylorChief AcademFT$151,230$151,230
David TaylorChief Academic Offic-$151,230$151,230
Judy HennesseyCEO/superintFT$126,809$126,809

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,969,359
Program Service Revenue
$7,027,982
Investment Income
$2,981
Other Revenue
$128,578
All Other Contributions
$266,912
Change in Net Assets
$2,534,718
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,170,619
Other Expenses$2,423,563
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,183,660--$3,183,660
Pension Plan Contributions$695,598--$695,598
All Other Expenses$440,530$89,887-$530,417
Other Expenses$284,311--$284,311
Current Officers, Directors, Trustees, and Key Employees$278,039--$278,039
Depreciation Depletion$129,016--$129,016
Interest-$85,668-$85,668
Other Employee Benefits$13,322--$13,322
Travel$1,065--$1,065
Total Functional Expenses$6,418,627$175,555$0$6,594,182
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$9,078,451
Net Opeb Liability$1,892,430
Notes Payable$1,465,090
Accrued Wages/benefits$293,274
Long Term Capital Lease$198,849
Current Capital Lease Oblig$62,610
Pension Obligation Payable$44,423
Intergovernmental Payable$3,668
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Deca Prep Inc
EIN
45-3744134
Address
300 COLLEGE PARK, DAYTON, OH 45469

Signing Officer

Name
Phil Hinson
Title
Internal Treasurer
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phil Hinson
Formed
2012
Legal Domicile
Oh
Voting Board Members
12
Independent Board Members
12
Employees
170

Preparer

Firm
Hhh CPA Group LLC
Address
1250 OLD HENDERSON RD, COLUMBUS, OH 43220-3606
Preparer
Brian Aden
Phone
6144514644
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

To provide to potential first generation college students, grades k-6, an

Form 990, Part XI, Line 9

-1,316,578

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IRS990/OtherLiabilitiesGrp/BOYAmt09423423
IRS990/OtherLiabilitiesGrp/EOYAmt013038795
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0128578
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0128578
IRS990/OtherRevenueTotalAmt0128578
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03183660
IRS990/OtherSalariesAndWagesGrp/TotalAmt03183660
IRS990/PartialLiquidationInd0false
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0695598
IRS990/PensionPlanContributionsGrp/TotalAmt0695598
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0864119
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0558831
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04491159
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08158847
IRS990/PrincipalOfficerNm0PHIL HINSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STATE FOUNDATION
IRS990/ProgramServiceRevenueGrp/Desc1CHARGES FOR SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06982702
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt145280
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06982702
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt145280
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO PROVIDE TO POTENTIAL FIRST GENERATION COLLEGE STUDENTS, GRADES K-6, AN
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0407055
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02218937
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02805
IRS990/PYOtherExpensesAmt02017148
IRS990/PYOtherRevenueAmt029695
IRS990/PYProgramServiceRevenueAmt06495338
IRS990/PYRevenuesLessExpensesAmt0-216518
IRS990/PYSalariesCompEmpBnftPaidAmt06946145
IRS990/PYTotalExpensesAmt08963293
IRS990/PYTotalRevenueAmt08746775
IRS990/ReconcilationRevenueExpnssAmt02534718
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt03291197
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0265404
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03556601
IRS990ScheduleD/LandGrp/BookValueAmt052685
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt052685
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09078451
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11892430
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21465090
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3293274
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4198849
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt562610
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt644423
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt73668
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET OPEB LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NOTES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED WAGES/BENEFITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4LONG TERM CAPITAL LEASE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5CURRENT CAPITAL LEASE OBLIG
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6PENSION OBLIGATION PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7INTERGOVERNMENTAL PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03343882
IRS990ScheduleD/TotalLiabilityAmt013038795
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NEWSPAPER AND UPON REQUEST.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ACADEMY RECEIVES FEDERAL AND STATE GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0151230
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAVID TAYLOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHIEF ACADEMIC OFFIC
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0151230
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE TO POTENTIAL FIRST GENERATION COLLEGE STUDENTS, GRADES K-6, AN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3-1,316,578
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0DAYTON EARLY COLLEGE ACADEMY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0DAYTON EARLY COLLEGE ACADEMY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0260463618
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0300 COLLEGE PARK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine2Txt0300 COLLEGE PARK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0DAYTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd045469
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false

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