Civic Intelligence

Ednovate Inc.

990 • Fiscal year 2018 • EIN 45-4005918

Jul 01, 2017 to Jun 30, 2018 • Filed on May 09, 2019

350 S Figueroa St No 250Los Angeles, CA 90071

(213) 454-0599

Siviq Scores

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

Liabilities / Assets

75th percentile

0.54x

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

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

Liabilities / Revenue

62nd percentile

0.38x

Higher debt load relative to revenue than 62% of similar nonprofits.

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

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

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

Top Officer Pay

70th percentile

$246,486

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

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

Asset Growth

98th percentile

156%

Faster asset growth than 98% of similar nonprofits.

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

Revenue Growth

91st percentile

62%

Faster revenue growth than 91% of similar nonprofits.

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

Assets

Up

$16,157,905

Up $9,849,608 (+156%) from 2017

Net Assets

Up

$7,406,725

Up $2,724,295 (+58%) from 2017

Liabilities

Up

$8,751,180

Up $7,125,313 (+438%) from 2017

Revenue

Up

$22,853,067

Up $8,785,352 (+62%) from 2017

Expenses

Up

$18,103,772

Up $6,514,003 (+56%) from 2017

Net Income

Up

$4,749,295

Up $2,271,349 (+92%) from 2017

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2013: $846,622Liabilities 2013: $794,267Net Assets 2013: $52,3552013Assets 2014: $1,751,740Liabilities 2014: $1,487,132Net Assets 2014: $264,6082014Assets 2015: $2,009,076Liabilities 2015: $1,154,003Net Assets 2015: $855,0732015Assets 2016: $3,402,544Liabilities 2016: $1,198,060Net Assets 2016: $2,204,4842016Assets 2017: $6,308,297Liabilities 2017: $1,625,867Net Assets 2017: $4,682,4302017Assets 2018: $16,157,905Liabilities 2018: $8,751,180Net Assets 2018: $7,406,7252018Assets 2019: $17,821,109Liabilities 2019: $8,769,726Net Assets 2019: $9,051,3832019Assets 2020: $24,694,440Liabilities 2020: $14,938,056Net Assets 2020: $9,756,3842020Assets 2021: $33,367,318Liabilities 2021: $15,931,021Net Assets 2021: $17,436,2972021Assets 2022: $39,618,009Liabilities 2022: $14,795,046Net Assets 2022: $24,822,9632022Assets 2023: $87,955,507Liabilities 2023: $60,209,600Net Assets 2023: $27,745,9072023Assets 2024: $92,407,545Liabilities 2024: $58,618,420Net Assets 2024: $33,789,1252024

Highlighted filing

2018

Assets$16,157,905
Liabilities$8,751,180
Net Assets$7,406,725

Operations Trend

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

$80M$60M$40M$20M$0-$20MRevenue 2013: $1,804,283Expenses 2013: $1,757,884Net Income 2013: $46,3992013Revenue 2014: $3,320,227Expenses 2014: $3,107,974Net Income 2014: $212,2532014Revenue 2015: $4,914,934Expenses 2015: $4,324,469Net Income 2015: $590,4652015Revenue 2016: $9,375,212Expenses 2016: $8,025,801Net Income 2016: $1,349,4112016Revenue 2017: $14,067,715Expenses 2017: $11,589,769Net Income 2017: $2,477,9462017Revenue 2018: $22,853,067Expenses 2018: $18,103,772Net Income 2018: $4,749,2952018Revenue 2019: $25,692,588Expenses 2019: $26,072,930Net Income 2019: -$380,3422019Revenue 2020: $31,097,913Expenses 2020: $30,392,912Net Income 2020: $705,0012020Revenue 2021: $37,749,342Expenses 2021: $30,069,429Net Income 2021: $7,679,9132021Revenue 2022: $50,209,560Expenses 2022: $42,822,894Net Income 2022: $7,386,6662022Revenue 2023: $50,743,071Expenses 2023: $47,820,127Net Income 2023: $2,922,9442023Revenue 2024: $62,013,971Expenses 2024: $55,970,753Net Income 2024: $6,043,2182024

Highlighted filing

2018

Revenue$22,853,067
Expenses$18,103,772
Net Income$4,749,295
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 9, 2019
Return Version
2017v2.3
Gross Receipts
$22,853,067
Mission and Program Overview

Mission

The mission of the california public charter high schools is for its students to use their college degrees and careers to make a positive multi-generational change, with a goal of 100% of the students being accepted into a 4-year university with a 90% persistence rate after their freshman year of college.

California public charter high schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,126,675$7,363,739▲ $6,237,064
Savings and Temporary Cash Investments$3,273,470$3,852,427▲ $578,957
Accounts Receivable$1,660,146$2,691,449▲ $1,031,303
Other Notes and Loans Receivable, Net-$1,675,000-
Prepaid Expenses and Deferred Charges$172,506$419,202▲ $246,696
Total Assets$6,308,297$16,157,905▲ $9,849,608
Other Assets Total$75,500$156,088▲ $80,588
Liabilities
Unsecured Notes Loans Payable$915,533$7,353,289▲ $6,437,756
Accounts Payable and Accrued Expenses$710,334$1,397,891▲ $687,557
Total Liabilities$1,625,867$8,751,180▲ $7,125,313
Net Assets / Fund Balance
Unrestricted Net Assets$4,682,430$7,406,725▲ $2,724,295
Total Net Assets Fund Balance$4,682,430$7,406,725▲ $2,724,295
Total Liabilities and Net Assets / Fund Balance$6,308,297$16,157,905▲ $9,849,608

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,670,490-$6,670,490
Leasehold Improvements$377,736$220,908$598,644
Equipment$315,513$184,913$500,426
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Oliver SicatCEOFT$205,805$40,681$246,486
Lauryn FullertonChief of SchoolsFT$130,473$27,819$158,292
Katherine HartInterim COOFT$100,117$11,730$111,847
Reid PhillipsChief of OperationsFT$80,519$2,195$82,714

Board Members and Trustees

NameTitle
Karen Symms GallagherChair
Alex HernandezMember
Kate HirshMember
Marcia AaronMember
Maria OttMember
Pauline FischerMember
Elliot SainerSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
3801-3825 N Mission RdRent520 N CENTRAL AVE 715, Glendale, CA 91203$385,452
Haynes Building Services LLCJanitorialP O BOX 29426, Phoenix, AZ 85062$105,892
Revenue and Support

Revenue Composition

Contributions and Grants
$22,838,124
Program Service Revenue
$0
Investment Income
$14,943
Other Revenue
$0
All Other Contributions
$5,335,534
Change in Net Assets
$4,749,295
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,679,896
Other Expenses$8,423,876
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,530,856$1,268,969-$6,799,825
Occupancy-$2,023,499-$2,023,499
Fees for Services Other$573,810$852,427-$1,426,237
Current Officers, Directors, Trustees, and Key Employees$208,406$1,047,554-$1,255,960
All Other Expenses$218,304$738,929-$957,233
Payroll Taxes$673,200$175,881-$849,081
Other Employee Benefits$495,005$146,372-$641,377
Other Expenses$342,126--$342,126
Fees for Services Accounting-$322,090-$322,090
Fees for Services Legal-$213,318-$213,318
Information Technology-$211,798-$211,798
Advertising$153,235--$153,235
Travel$142,234--$142,234
Pension Plan Contributions$84,599$49,054-$133,653
Depreciation Depletion$129,492--$129,492
Insurance-$95,052-$95,052
Office Expenses-$94,490-$94,490
Interest-$6,269-$6,269
Total Functional Expenses$10,858,070$7,245,702$0$18,103,772
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
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 family members
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The return is available to board members prior to filing.

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

In connection with any actual or possible conflict of interest, an interested person must disclose the exsistence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board of directors meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board members shall decide if a conflict of interest exsists.

Form 990, Part VI, Section B, Line 15A

The process includes all these elements: 1) review and approval by the board of directors, 2)use of data as to comparable compensation; and 3) contemporaneous documentation and recordkeeping.

Form 990, Part VI, Section C, Line 19

The required documents are available at the business office during normal business hours upon request.

Filing and Contact Details

Filer

Filer Name
Ednovate Inc
EIN
45-4005918
Phone
2134540599
Address
350 S FIGUEROA ST NO 250, LOS ANGELES, CA 90071

Signing Officer

Name
Oliver Sicat
Title
CEO
Phone
2134540599
Signed
2019-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Oliver Sicat
Formed
2011
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
179
Volunteers
0

Preparer

Firm
Vavrinek Trine Day & Co Llp
Address
10681 FOOTHILL BLVD SUITE 300, RANCHO CUCAMONGA, CA 91730
Preparer
Matthew S Miller
Phone
9094664410
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Capital contribution -2,025,000.

Financial Statement Notes

PART X, LINE 2:

The charter high school has adopted financial accounting standards board (fasb) accounting standards codification (asc) topic 740 that clarifies the accounting for uncertainity in tax positions taken or expected to be taken on a tax return and provides that the tax effects from an uncertain tax position can be recognized in the financial statements only of, based on its merits, the position is more likely than not to be sustained on audit by the taxing authorities. Management believes that all tax positions taken to date are highly certain and accordingly, no accounting adjustment has been made to the financial statements.

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IRS990/Desc0EDNOVATE INC, (THE CORPORATION) WAS FORMED DURING 2011 AS A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION.IN THE FISCAL YEAR ENDING JUNE 30, 2018 THE CORPORATION OPERATED USC HYBRID HIGH SCHOOL, EAST COLLEGE PREP, LEGACY COLLEGE PREP, BRIO COLLEGE PREP, AND ESPERANZA COLLEGE PREP. THE MISSION OF EDNOVATE,IS FOR ITS STUDENTS TO USE THEIR COLLEGE DEGREES AND CAREERS TO MAKE A POSITIVE MULTI-GENERATIONAL CHANGE, WITH A GOAL OF 100 PERCENT OF STUDENTS BEING ACCEPTED INTO A FOUR-YEAR UNIVERSITY WITH 90 PERCENT PERSISTENCE RATE AFTER THEIR FRESHMAN YEAR OF COLLEGE.
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE CALIFORNIA PUBLIC CHARTER HIGH SCHOOLS IS FOR ITS STUDENTS TO USE THEIR COLLEGE DEGREES AND CAREERS TO MAKE A POSITIVE MULTI-GENERATIONAL CHANGE, WITH A GOAL OF 100% OF THE STUDENTS BEING ACCEPTED INTO A 4-YEAR UNIVERSITY WITH A 90% PERSISTENCE RATE AFTER THEIR FRESHMAN YEAR OF COLLEGE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04682430
IRS990/NetAssetsOrFundBalancesEOYAmt07406725
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02023499
IRS990/OccupancyGrp/TotalAmt02023499
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt094490
IRS990/OfficeExpensesGrp/TotalAmt094490
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt075500
IRS990/OtherAssetsTotalGrp/EOYAmt0156088
IRS990/OtherChangesInNetAssetsAmt0-2025000
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0146372
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0495005
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0641377
IRS990/OtherExpensesGrp/Desc0EQUIPMENT & EQ LEASE
IRS990/OtherExpensesGrp/Desc1TEXTBOOKS & INSTRUCTION
IRS990/OtherExpensesGrp/Desc2STUDENT NUTRITION
IRS990/OtherExpensesGrp/Desc3FIELD TRIPS
IRS990/OtherExpensesGrp/ProgramServicesAmt0930362
IRS990/OtherExpensesGrp/ProgramServicesAmt1922129
IRS990/OtherExpensesGrp/ProgramServicesAmt2454312
IRS990/OtherExpensesGrp/ProgramServicesAmt3342126
IRS990/OtherExpensesGrp/TotalAmt0930362
IRS990/OtherExpensesGrp/TotalAmt1922129
IRS990/OtherExpensesGrp/TotalAmt2454312
IRS990/OtherExpensesGrp/TotalAmt3342126
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01268969
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05530856
IRS990/OtherSalariesAndWagesGrp/TotalAmt06799825
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01675000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0175881
IRS990/PayrollTaxesGrp/ProgramServicesAmt0673200
IRS990/PayrollTaxesGrp/TotalAmt0849081
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt049054
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt084599
IRS990/PensionPlanContributionsGrp/TotalAmt0133653
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0172506
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0419202
IRS990/PrincipalOfficerNm0OLIVER SICAT
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt014064494
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03221
IRS990/PYOtherExpensesAmt04810696
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt02477946
IRS990/PYSalariesCompEmpBnftPaidAmt06779073
IRS990/PYTotalExpensesAmt011589769
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt014067715
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04749295
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03273470
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03852427
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0315513
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0184913
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0500426
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0377736
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0220908
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0598644
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06670490
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06670490
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHARTER HIGH SCHOOL HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINITY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY OF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN AND ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07363739
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0INTENT TO ENROLL FORMS AND RECRUITMENT FLYERS AND WEBSITE
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NO FINANCIAL AID AWARDED, CALIFORNIA PUBLIC CHARTER SCHOOL
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2CALIFORNIA STATE APPORTIONMENT REVENUE BASED ON STUDENT ATTENDANCE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0205805
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1130473
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount027500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount114359
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt06092
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt14701
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt04589
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt18759
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt02500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0OLIVER SICAT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1LAURYN FULLERTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF OF SCHOOLS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0246486
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1158292
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS AVAILABLE TO BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXSISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OF DIRECTORS MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXSISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCESS INCLUDES ALL THESE ELEMENTS: 1) REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS, 2)USE OF DATA AS TO COMPARABLE COMPENSATION; AND 3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE REQUIRED DOCUMENTS ARE AVAILABLE AT THE BUSINESS OFFICE DURING NORMAL BUSINESS HOURS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CAPITAL CONTRIBUTION -2,025,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PMC SUPPORT CORPORATION

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$92.4$58.6$33.8$62.0$56.0$6.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$88.0$60.2$27.7$50.7$47.8$2.92
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.6$14.8$24.8$50.2$42.8$7.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.4$15.9$17.4$37.7$30.1$7.68
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.7$14.9$9.76$31.1$30.4$0.71
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.8$8.77$9.05$25.7$26.1$0.38
2018Detailed filing. Detailed filing data is available for this year.$16.2$8.75$7.41$22.9$18.1$4.75
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.31$1.63$4.68$14.1$11.6$2.48
2016Detailed filing. Detailed filing data is available for this year.$3.40$1.20$2.20$9.38$8.03$1.35
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.01$1.15$0.86$4.91$4.32$0.59
2014Detailed filing. Detailed filing data is available for this year.$1.75$1.49$0.26$3.32$3.11$0.21
2013Summary only. Only limited summary data is available for this year.$0.85$0.79$0.05$1.80$1.76$0.05