Civic Intelligence

Saint Therese Classical Learning Center Inc.

990EZ • Fiscal year 2021 • EIN 46-3073224

Sep 01, 2020 to Aug 31, 2021 • Filed on Jul 15, 2022

PO Box 611Washingtonville, NY 10992

(845) 342-1000

Siviq Scores

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

Liabilities / Assets

79th percentile

0.33x

Higher debt load relative to assets than 79% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

81st percentile

0.22x

Higher debt load relative to revenue than 81% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Net Margin

23rd percentile

-18%

Higher net margin than 23% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2021 filings • NTEE B90 • <$500k nonprofits • Source year 2021

Asset Growth

20th percentile

-20%

Faster asset growth than 20% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

30th percentile

-31%

Faster revenue growth than 30% of similar nonprofits.

2021 filings • NTEE B90 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$60,273

Down $15,138 (-20%) from 2020

Net Assets

Down

$40,293

Down $16,134 (-29%) from 2020

Liabilities

Up

$19,980

Up $996 (+5.2%) from 2020

Revenue

Down

$91,786

Down $42,083 (-31%) from 2020

Expenses

Up

$107,920

Up $25,203 (+30%) from 2020

Net Income

Down

-$16,134

Down $67,286 (-132%) from 2020

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

2021

Assets$60,273
Liabilities$19,980
Net Assets$40,293

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

2021

Revenue$91,786
Expenses$107,920
Net Income-$16,134
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jul 15, 2022
Return Version
2020v4.1
Gross Receipts
$91,786
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-$107,919
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERRI RACITIPresidentFT$0--
CATHLEEN OHARETreasurerFT$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 611, Washingtonville, NY 10992

Signing Officer

Name
Terri Raciti
Title
President
Phone
8458267510
Signed
2022-07-15
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 565Advertising 1,156Communications cost 5,073Office lease equipment 2,474Insurance 1,849Program Cost, Books, Supplies 26,089Website 225Storage 3,233New York State Fees 125Postage and Mailings 196

Description of other assets Part II line 24

Category Beginning of Year End of YearNet fixed assets 585 0

Description of total liabilities Part II line 26

Category Beginning of Year End of YearNotes and Loans Payable 18,984 19,980

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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 565Advertising 1,156Communications cost 5,073Office lease equipment 2,474Insurance 1,849Program Cost, Books, Supplies 26,089Website 225Storage 3,233New York State Fees 125Postage and Mailings 196
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearNet fixed assets 585 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearNotes and Loans Payable 18,984 19,980
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Filings