Civic Intelligence

Saint Therese Classical Learning Center Inc.

990EZ • Fiscal year 2020 • EIN 46-3073224

Sep 01, 2019 to Aug 31, 2020 • Filed on Jan 14, 2021

PO Box 324Blooming Grove, NY 10914

(845) 342-1000

Siviq Scores

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

Liabilities / Assets

76th percentile

0.25x

Higher debt load relative to assets than 76% of similar nonprofits.

2020 filings • NTEE B90 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

74th percentile

0.14x

Higher debt load relative to revenue than 74% of similar nonprofits.

2020 filings • NTEE B90 • <$500k nonprofits • Source year 2020

Net Margin

79th percentile

38%

Higher net margin than 79% of similar nonprofits.

2020 filings • NTEE B90 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • NTEE B90 • <$500k nonprofits • Source year 2020

Asset Growth

90th percentile

238%

Faster asset growth than 90% of similar nonprofits.

2020 filings • NTEE B90 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

84th percentile

45%

Faster revenue growth than 84% of similar nonprofits.

2020 filings • NTEE B90 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$75,411

Up $53,117 (+238%) from 2019

Net Assets

Up

$56,427

Up $51,152 (+970%) from 2019

Liabilities

Up

$18,984

Up $1,965 (+12%) from 2019

Revenue

Up

$133,869

Up $41,244 (+45%) from 2019

Expenses

Down

$82,717

Down $416 (-0.5%) from 2019

Net Income

Up

$51,152

Up $41,660 (+439%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2016: $9,775Liabilities 2016: $18,163Net Assets 2016: -$8,3882016Assets 2017: $22,478Liabilities 2017: $24,099Net Assets 2017: -$1,6212017Assets 2018: $7,618Liabilities 2018: $11,835Net Assets 2018: -$4,2172018Assets 2019: $22,294Liabilities 2019: $17,019Net Assets 2019: $5,2752019Assets 2020: $75,411Liabilities 2020: $18,984Net Assets 2020: $56,4272020Assets 2021: $60,273Liabilities 2021: $19,980Net Assets 2021: $40,2932021Assets 2022: $69,309Liabilities 2022: $866Net Assets 2022: $68,4432022Assets 2023: $44,948Liabilities 2023: $213Net Assets 2023: $44,7352023Assets 2024: $140,298Liabilities 2024: $214Net Assets 2024: $140,0842024

Highlighted filing

2020

Assets$75,411
Liabilities$18,984
Net Assets$56,427

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2016: $66,248Expenses 2016: $60,925Net Income 2016: $5,3232016Revenue 2017: $92,565Expenses 2017: $85,798Net Income 2017: $6,7672017Revenue 2018: $46,876Expenses 2018: $49,472Net Income 2018: -$2,5962018Revenue 2019: $92,625Expenses 2019: $83,133Net Income 2019: $9,4922019Revenue 2020: $133,869Expenses 2020: $82,717Net Income 2020: $51,1522020Revenue 2021: $91,786Expenses 2021: $107,920Net Income 2021: -$16,1342021Revenue 2022: $180,767Expenses 2022: $152,617Net Income 2022: $28,1502022Revenue 2023: $185,258Expenses 2023: $208,966Net Income 2023: -$23,7082023Revenue 2024: $192,682Expenses 2024: $97,333Net Income 2024: $95,3492024

Highlighted filing

2020

Revenue$133,869
Expenses$82,717
Net Income$51,152
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jan 14, 2021
Return Version
2019v5.1
Gross Receipts
$133,869
Mission and Program Overview

Mission

The saint therese classical learning center has provided a liberal and fine arts education to 40-50 students in grades prek-12 who are home schooled in orange, ulster, dutchess and the surrounding counties in new york and northern new jersey. Students have received additional instruction in the core subjects as well as been provided instruction in specialty classes such as latin, music and art. Our after school classes offered were harp, guitar and drama and we provided free tutoring for after school students. All students were accepted and no one was turned away due to financial constraints.

See Schedule O

Program Services

DescriptionGrantsExpenses
See Schedule O-$82,717
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERRI RACITIPresidentFT$0--
GABRIELE MURPHYTreasurerFT$0--
CARLISE AZMITIASecretaryFT$0--
JAMES SHARFENBERGERVice PresidentFT$0--
Filing and Contact Details

Filer

Filer Name
Saint Therese Classical Learning Center Inc
EIN
46-3073224
Address
PO Box 324, Blooming Grove, NY 10914

Signing Officer

Name
Terri Raciti
Title
President
Phone
8458267510
Signed
2021-01-14
Discuss with paid preparer
Yes

Preparer

Firm
Wilson CPA PC
Address
495 Schutt Rd PO Box 2209, Middletown, NY 10940
Preparer
R Gregory Wilson
Phone
8453421000
Supplemental Narrative

Additional Explanations

General explanation attachment

PROGRAM SERVICES (PART III, LINE 28)The Saint Therese Classical Learning Center has provided a liberal and fine arts education to 40-50 students in grades PreK-12 who are home schooled in Orange, Ulster, Dutchess and the surrounding counties in New York and Northern New Jersey. Students have received additional instruction in the core subjects as well as been provided instruction in specialty classes such as Latin, Music and Art. Our after school classes offered were Harp, Guitar and drama and we provided free tutoring for after school students. All students were accepted and no one was turned away due to financial constraints. .Part III ORGANIZATIONS PRIMARY EXEMPT PURPOSE:The Saint Therese Classical Learning Center has provided a liberal and fine arts education to 40-50 students in grades PreK-12 who are home schooled in, Orange, Ulster, Dutchess and the surrounding counties in New York and Northern New Jersey. Students have received additional instruction in the core subjects as well as been provided instruction in specialty classes such as Latin, Music and Art. Our after school classes offered were Harp, Guitar and drama and we provided free tutoring for after school students. All students were accepted and no one was turned away due to financial constraints.

Description of other expenses Part I line 16

Description AmountDepreciation from 4562 1,170Advertising 2,757Communications cost 1,650Office lease equipment 2,598Insurance 1,990Program Cost, Books, Supplies 21,254Website 216Repairs and Maintenance 1,170Organizational cost dues 1,100Postage and Mailings 94Donations made to local charities 798Computer Software and Supplies 3,010Storage 1,968

Description of other assets Part II line 24

Category Beginning of Year End of YearNet fixed assets 1,755 585

Description of total liabilities Part II line 26

Category Beginning of Year End of YearNotes and Loans Payable 17,019 18,984

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRAM SERVICES (PART III, LINE 28)The Saint Therese Classical Learning Center has provided a liberal and fine arts education to 40-50 students in grades PreK-12 who are home schooled in Orange, Ulster, Dutchess and the surrounding counties in New York and Northern New Jersey. Students have received additional instruction in the core subjects as well as been provided instruction in specialty classes such as Latin, Music and Art. Our after school classes offered were Harp, Guitar and drama and we provided free tutoring for after school students. All students were accepted and no one was turned away due to financial constraints. .Part III ORGANIZATIONS PRIMARY EXEMPT PURPOSE:The Saint Therese Classical Learning Center has provided a liberal and fine arts education to 40-50 students in grades PreK-12 who are home schooled in, Orange, Ulster, Dutchess and the surrounding counties in New York and Northern New Jersey. Students have received additional instruction in the core subjects as well as been provided instruction in specialty classes such as Latin, Music and Art. Our after school classes offered were Harp, Guitar and drama and we provided free tutoring for after school students. All students were accepted and no one was turned away due to financial constraints.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountDepreciation from 4562 1,170Advertising 2,757Communications cost 1,650Office lease equipment 2,598Insurance 1,990Program Cost, Books, Supplies 21,254Website 216Repairs and Maintenance 1,170Organizational cost dues 1,100Postage and Mailings 94Donations made to local charities 798Computer Software and Supplies 3,010Storage 1,968
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearNet fixed assets 1,755 585
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearNotes and Loans Payable 17,019 18,984
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R Gregory Wilson
ReturnHeader/ReturnTs02021-03-29T14:52:26-04:00
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ReturnHeader/TaxPeriodEndDt02020-08-31
ReturnHeader/TaxYr02019

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Filings