Scholars Academy PTO

990EZ • Fiscal year 2020 • EIN 46-2868662

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 07, 2020

Organization Profile www.scholarsacademy.org

5225 Seventy-seven Center DriveCharlotte, NC 28217

(704) 503-1112

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE B94 • <$500k nonprofits • Source year 2020

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE B94 • <$500k nonprofits • Source year 2020

7.2%

Higher net margin than 46% of similar nonprofits.

2020 filings • NTEE B94 • <$500k nonprofits • Source year 2020

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE B94 • <$500k nonprofits • Source year 2020

7.4%

Faster asset growth than 50% of similar nonprofits.

2020 filings • NTEE B94 • <$500k nonprofits • Annualized from 2019 to 2020

-23%

Faster revenue growth than 48% of similar nonprofits.

2020 filings • NTEE B94 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets85th percentile

Assets

$81,901

Up $5,647 (+7.4%) from 2019

Net Assets

$81,901

Up $5,647 (+7.4%) from 2019

Liabilities

Flat

Flat from 2019

Revenue And Expenses

Liabilities / Revenue85th percentile Net Margin46th percentile

Revenue

Down

$76,953

Down $22,728 (-23%) from 2019

Expenses

Down

$71,406

Down $19,592 (-22%) from 2019

Net Income

Down

$5,547

Down $3,136 (-36%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

Highlighted filing

2020

Assets$81,901

Liabilities$0

Net Assets$81,901

Open 2020 Filing

Operations Trend

Revenue Growth48th percentile

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

Highlighted filing

2020

Revenue$76,953

Expenses$71,406

Net Income$5,547

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2019 to Jun 30, 2020
Signed: Oct 7, 2020
Return Version: 2019v5.0
Gross Receipts: $83,846

Mission and Program Overview

Mission

To serve as a liaison between the parents and teachers to provide our children with the most positive and safe educational experience possible, to enhance and encourage the educational and social environment. Raising funds to purchase items directly for the school and or classrooms and supporting family and student social interaction by planning family friendly events.

Program Services

Description	Grants	Expenses
Teacher grants for teacher classroom supplies	$5,512	$0

Compensation and Service Providers

Top Officer Pay99th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Sharon Tam	Pto President	PT	$0	-	-
Rishi Srivastava	Pto Treasurer	PT	$0	-	-
Karen Pietrafesa	Pto Vice President	PT	$0	-	-

Filing and Contact Details

Filer

Filer Name: Scholars Academy Pto
EIN: 46-2868662
Phone: 7045031112
Address: 5225 SEVENTY-SEVEN CENTER DRIVE, CHARLOTTE, NC 28217

Signing Officer

Name: Rishi Srivastava
Title: PTO Treasurer
Phone: 7045031112
Signed: 2020-10-07

Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Program - 2020 Graduation Year - Escrow, Program - 2021 Graduation Year - Escrow, Program - 2022 Graduation Year - Escrow, Program - 2023 Graduation Year - Escrow, Program - Back to School Kits Program - Book Fair, Program - Box Tops, Program - Donuts for Dad, Program - Fall Social, Program - Family Bingo Night, Program - Family Game Night, Program - Family Science Night, Program - Father/Daughter - Event, Program - Healthy Scholars/Birthday Bundle, Program - INTEREST PAYMENT, Program - Loyalty Rewards, Program - Mother/Son - Event Program - Muffins for Mom, Program - Musical Escrow, Program - New Scholars Academy Expense, Program - NOTA Program - NOTA - DVD Sales, Program - NOTA Art Sale Escrow, Program - Playground Improvement, Program - PTO Accounting Expense, Program - PTO General Fund, Program - Spirit Night, Program - Spirit Wear, Program - Teacher Appreciation Week, Program - Teacher Funding Request, Program - Teacher/Classroom Start Up Fund”

Form 990-EZ, Part I, Line 16

“Program - 2020 Graduation Year - Escrow, Program - 2021 Graduation Year - Escrow, Program - 2022 Graduation Year - Escrow, Program - 2023 Graduation Year - Escrow, Program - Back to School Kits Program - Book Fair, Program - Box Tops, Program - Donuts for Dad, Program - Fall Social, Program - Family Bingo Night, Program - Family Game Night, Program - Family Science Night, Program - Father/Daughter - Event, Program - Healthy Scholars/Birthday Bundle, Program - INTEREST PAYMENT, Program - Loyalty Rewards, Program - Mother/Son - Event Program - Muffins for Mom, Program - Musical Escrow, Program - New Scholars Academy Expense, Program - NOTA Program - NOTA - DVD Sales, Program - NOTA Art Sale Escrow, Program - Playground Improvement, Program - PTO Accounting Expense, Program - PTO General Fund, Program - Spirit Night, Program - Spirit Wear, Program - Teacher Appreciation Week, Program - Teacher Funding Request, Program - Teacher/Classroom Start Up Fund”

Form 990-EZ, Part I, Line 20

“Program - 2020 Graduation Year - Escrow Program - 2021 Graduation Year - Escrow Program - 2022 Graduation Year - Escrow Program - 2023 Graduation Year - Escrow Program - Back to School Kits Program - Book Fair Program - Box Tops Program - Donuts for Dad Program - Fall Social Program - Family Bingo Night Program - Family Game Night Program - Family Science Night Program - Father/Daughter - Event Program - Fun Run Program - Go Play Save Program - Healthy Scholars/Birthday Bundle Program - INTEREST PAYMENT Program - Loyalty Rewards Program - Lunch Program - Mother/Son - Event Program - Muffins for Mom Program - Musical Escrow Program - New Scholars Academy Expense Program - NOTA Program - NOTA - DVD Sales Program - NOTA Art Sale Escrow Program - Playground Improvement Program - PTO Accounting Expense Program - PTO General Fund Program - Spirit Night Program - Spirit Wear Program - Teacher Appreciation Week Program - Teacher Funding Request Program - Teacher/Classroom Start Up Fund”

Raw XML Appendix154 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	Charlotte
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	NC
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	15
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	Sharon Tam
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	Rishi Srivastava
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	Karen Pietrafesa
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PTO President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	PTO Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	PTO Vice president
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	100
IRS990EZ/OtherExpensesTotalAmt	0	44363
IRS990EZ/OtherRevenueTotalAmt	0	35015
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	To serve as a liaison between the parents and teachers to provide our children with the most positive and safe educational experience possible, to enhance and encourage the educational and social environment. Raising funds to purchase items directly for the school and or classrooms and supporting family and student social interaction by planning family friendly events.
IRS990EZ/PrintingPublicationsPostageAmt	0	0
IRS990EZ/ProgramServiceRevenueAmt	0	33774
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	Teacher grants for teacher classroom supplies
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	5512
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	0
IRS990EZ/SaleOfAssetsGrossAmt	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/SpecialEventsDirectExpensesAmt	0	6893
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	8117
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	NC
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	71406
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	76953
IRS990EZ/TransactionWithControlEntInd	0	0
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	http://www.scholarsacademy.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	4869
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	4851
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	9720
IRS990ScheduleA/InvestmentIncomeCYPct	0	0
IRS990ScheduleA/InvestmentIncomePYPct	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1
IRS990ScheduleA/PublicSupportPY509Pct	0	1
IRS990ScheduleA/PublicSupportTotal509Amt	0	9720
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	0
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IRS990ScheduleA/Total509Grp/TotalAmt	0	9720
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	9720
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Program - 2020 Graduation Year - Escrow, Program - 2021 Graduation Year - Escrow, Program - 2022 Graduation Year - Escrow, Program - 2023 Graduation Year - Escrow, Program - Back to School Kits Program - Book Fair, Program - Box Tops, Program - Donuts for Dad, Program - Fall Social, Program - Family Bingo Night, Program - Family Game Night, Program - Family Science Night, Program - Father/Daughter - Event, Program - Healthy Scholars/Birthday Bundle, Program - INTEREST PAYMENT, Program - Loyalty Rewards, Program - Mother/Son - Event Program - Muffins for Mom, Program - Musical Escrow, Program - New Scholars Academy Expense, Program - NOTA Program - NOTA - DVD Sales, Program - NOTA Art Sale Escrow, Program - Playground Improvement, Program - PTO Accounting Expense, Program - PTO General Fund, Program - Spirit Night, Program - Spirit Wear, Program - Teacher Appreciation Week, Program - Teacher Funding Request, Program - Teacher/Classroom Start Up Fund
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Program - 2020 Graduation Year - Escrow, Program - 2021 Graduation Year - Escrow, Program - 2022 Graduation Year - Escrow, Program - 2023 Graduation Year - Escrow, Program - Back to School Kits Program - Book Fair, Program - Box Tops, Program - Donuts for Dad, Program - Fall Social, Program - Family Bingo Night, Program - Family Game Night, Program - Family Science Night, Program - Father/Daughter - Event, Program - Healthy Scholars/Birthday Bundle, Program - INTEREST PAYMENT, Program - Loyalty Rewards, Program - Mother/Son - Event Program - Muffins for Mom, Program - Musical Escrow, Program - New Scholars Academy Expense, Program - NOTA Program - NOTA - DVD Sales, Program - NOTA Art Sale Escrow, Program - Playground Improvement, Program - PTO Accounting Expense, Program - PTO General Fund, Program - Spirit Night, Program - Spirit Wear, Program - Teacher Appreciation Week, Program - Teacher Funding Request, Program - Teacher/Classroom Start Up Fund
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Program - 2020 Graduation Year - Escrow Program - 2021 Graduation Year - Escrow Program - 2022 Graduation Year - Escrow Program - 2023 Graduation Year - Escrow Program - Back to School Kits Program - Book Fair Program - Box Tops Program - Donuts for Dad Program - Fall Social Program - Family Bingo Night Program - Family Game Night Program - Family Science Night Program - Father/Daughter - Event Program - Fun Run Program - Go Play Save Program - Healthy Scholars/Birthday Bundle Program - INTEREST PAYMENT Program - Loyalty Rewards Program - Lunch Program - Mother/Son - Event Program - Muffins for Mom Program - Musical Escrow Program - New Scholars Academy Expense Program - NOTA Program - NOTA - DVD Sales Program - NOTA Art Sale Escrow Program - Playground Improvement Program - PTO Accounting Expense Program - PTO General Fund Program - Spirit Night Program - Spirit Wear Program - Teacher Appreciation Week Program - Teacher Funding Request Program - Teacher/Classroom Start Up Fund
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Form 990-EZ, Part I, Line 20
ReturnHeader/BuildTS	0	2021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Rishi Srivastava
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PTO Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7045031112
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2020-10-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	SCHOLARS ACADEMY PTO
ReturnHeader/Filer/BusinessNameControlTxt	0	SCHO
ReturnHeader/Filer/EIN	0	462868662
ReturnHeader/Filer/PhoneNum	0	7045031112
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	5225 SEVENTY-SEVEN CENTER DRIVE
ReturnHeader/Filer/USAddress/CityNm	0	CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NC
ReturnHeader/Filer/USAddress/ZIPCd	0	28217
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	172.73.53.70
ReturnHeader/ReturnTs	0	2020-10-06T08:26:51-07:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2019-07-01
ReturnHeader/TaxPeriodEndDt	0	2020-06-30
ReturnHeader/TaxYr	0	2019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $81,901
Liabilities: $0
Net assets: $81,901
Revenue: $76,953
Expenses: $71,406
Net income: $5,547

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$0.86		$0.86	$0.71	$0.75	$0.05
2024Summary only. Only limited summary data is available for this year.	$0.91	$0.00		$0.71	$0.63	$0.08
2023Detailed filing. Detailed filing data is available for this year.	$0.83		$0.83	$0.91	$1.02	$0.10
2022Summary only. Only limited summary data is available for this year.	$0.93	$0.00		$0.75	$0.64	$0.11
2021Detailed filing. Detailed filing data is available for this year.	$0.82	$0.00	$0.82	$0.17	$0.17	$0.00
2020Detailed filing. Detailed filing data is available for this year.	$0.82	$0.00	$0.82	$0.77	$0.71	$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.76	$0.00	$0.76	$1.00	$0.91	$0.09
2018Detailed filing. Detailed filing data is available for this year.	$0.68	$0.00	$0.68	$0.74	$0.65	$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.68	$0.00	$0.68	$0.91	$0.82	$0.09
2015Detailed filing. Detailed filing data is available for this year.	$0.70	$0.00	$0.70	$1.18	$1.19	$0.01
2014Summary only. Only limited summary data is available for this year.	$0.71	$0.00	$0.71	$1.71	$0.99	$0.71