Civic Intelligence

Higher Academia Corporation

EIN 46-4137977 • 501(c)3 • Rutherfordton, NC

Profile

Empower at risk youth and their families

5784 Pea Ridge RoadRutherfordton, NC 28139

www.higheracademia.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

66th percentile

0.00x

Higher debt load relative to assets than 66% of similar nonprofits.

NTEE B99 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.00x

Higher debt load relative to revenue than 66% of similar nonprofits.

NTEE B99 • <$500k nonprofits • Source year 2024

Net Margin

34th percentile

-2.4%

Higher net margin than 34% of similar nonprofits.

NTEE B99 • <$500k nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

NTEE B99 • <$500k nonprofits • Source year 2024

Asset Growth

46th percentile

-3.2%

Faster asset growth than 46% of similar nonprofits.

NTEE B99 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

-2.0%

Faster revenue growth than 45% of similar nonprofits.

NTEE B99 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$63,312

Up $49,245 (+350%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue66th percentileNet Margin34th percentile

Revenue

Up

$93,249

Up $69,824 (+298%) from 2022

Expenses

Up

$44,087

Up $1,704 (+4.0%) from 2022

Net Income

Up

$49,162

Up $68,120 (+359%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth46th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2012: $1Liabilities 2012: $02012Assets 2013: $10Liabilities 2013: $02013Assets 2014: $10Liabilities 2014: $0Net Assets 2014: $102014Assets 2015: $46Liabilities 2015: $0Net Assets 2015: $462015Assets 2020: $11,345Liabilities 2020: $0Net Assets 2020: $11,3452020Assets 2021: $33,025Liabilities 2021: $0Net Assets 2021: $33,0252021Assets 2022: $14,067Liabilities 2022: $0Net Assets 2022: $14,0672022Assets 2023: $63,312Liabilities 2023: $02023

Highlighted filing

2023

Assets$63,312
Liabilities$0
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth45th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $450Expenses 2013: $440Net Income 2013: $102013Revenue 2014: $238Expenses 2014: $238Net Income 2014: $02014Revenue 2015: $1,000Expenses 2015: $964Net Income 2015: $362015Revenue 2020: $21,854Expenses 2020: $10,509Net Income 2020: $11,3452020Revenue 2021: $42,147Expenses 2021: $20,467Net Income 2021: $21,6802021Revenue 2022: $23,425Expenses 2022: $42,383Net Income 2022: -$18,9582022Revenue 2023: $93,249Expenses 2023: $44,087Net Income 2023: $49,1622023

Highlighted filing

2023

Revenue$93,249
Expenses$44,087
Net Income$49,162
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$63,312
Liabilities
$0
Net assets
-
Revenue
$93,249
Expenses
$44,087
Net income
$49,162
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$63.3$0.00$93.2$44.1$49.2
2022Detailed filing. Detailed filing data is available for this year.$14.1$0.00$14.1$23.4$42.4$19.0
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.0$0.00$33.0$42.1$20.5$21.7
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.3$0.00$11.3$21.9$10.5$11.3
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$1.00$0.96$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.24$0.24$0.00
2013Summary only. Only limited summary data is available for this year.$0.01$0.00$0.45$0.44$0.01
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 28, 2023
Return Version
2022v5.0
Gross Receipts
$23,425
Mission and Program Overview

Mission

EDUCATION

Program Services

DescriptionGrantsExpenses
PARTNERED W/POLK COUNTY SCHOOL SYSTEM TO ESTABLISH IN 2021 AN INDIVIUALIZED LEARNING SUPPORT CENTER FOR SOCIO- ECONOMICALLY DISADVANTAGED MIDDLE & HIGH SCHOOL STUDENTS.$4,000$4,320
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SONYA TWITTYPresidentFT$0--
TONYA BOYKINSTreasurer-$0--
CLAYTENNA CAMPFormer Director-$0--
ANGIE MACCAMMONSecretary-$0--
IRIS GREENEDirector-$0--
RENEE DOGGETTExecutive Director-$0--
ROB PARSONSFormer Director-$0--
STAN GIBSONFormer Secretary-$0--
TANIA COFFINFormer Director-$0--
JOSEPH CROWDERTreasurer-$0--
JAMIE WEATHERSDirector-$0--
AMY EMERYDirector-$0--
CATINA GRAYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Higher Academia Corporation
EIN
46-4137977
Address
5784 PEA RIDGE ROAD, RUTHERFORDTON, NC 28139

Signing Officer

Name
Sonya Twitty
Title
President
Phone
8288177977
Signed
2023-08-28
Discuss with paid preparer
Yes

Preparer

Firm
L Blake Smyth CPA Pllc
Address
84 Pacolet Street, Tryon, NC 28782
Preparer
Lewis Blake Smyth
Phone
8288592264
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountsupplies 558marketing 78snacks for students 1,191program related supplies 698program related technology 1,639meetings 8depreciation 267tutors 150misc 305”

Description of other assets Part II line 24

“Category beginning of year end of yearoffice eqpt 647 380note receivable 277 277inventory assets 0 503”

Raw XML Appendix200 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.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04320
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTSUPPLIES 558MARKETING 78SNACKS FOR STUDENTS 1,191PROGRAM RELATED SUPPLIES 698PROGRAM RELATED TECHNOLOGY 1,639MEETINGS 8DEPRECIATION 267TUTORS 150MISC 305
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEAROFFICE EQPT 647 380NOTE RECEIVABLE 277 277INVENTORY ASSETS 0 503
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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