Liabilities / Assets
100th percentile
Higher debt load relative to assets than 100% of similar nonprofits.
Gift of Knowledge Academy Inc
990EZ • Fiscal year 2021 • EIN 46-5276248
Refreshing map…
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
24.73x
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
30th percentile
Higher net margin than 30% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
1st percentile
Faster asset growth than 1% of similar nonprofits.
Revenue Growth
44th percentile
Faster revenue growth than 44% of similar nonprofits.
Balance Sheet
Assets
Down$2,455
Down $57,381 (-96%) from 2020
Net Assets
Down-$58,245
Down $59,349 (-5376%) from 2020
Liabilities
Up$60,700
Up $1,968 (+3.4%) from 2020
Revenue And Expenses
Revenue
Down$18,244
Down $3,237 (-15%) from 2020
Expenses
Down$20,108
Down $156 (-0.8%) from 2020
Net Income
Down-$1,864
Down $3,081 (-253%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2020 to Jun 30, 2021
- Signed
- Nov 15, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $18,244
Mission and Program Overview
Mission
Education
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Provided literacy and math to low-income kids in grades K-2 | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Deborah Watkins | Executive Director | FT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Gift of Knowledge Academy Inc
- EIN
- 46-5276248
- Phone
- 9198188181
- Address
- 634 Poplar Street, Durham, NC 27703
Signing Officer
- Name
- Deborah Watkins
- Title
- Executive Director
- Phone
- 9198188181
- Signed
- 2021-11-15
Preparer
- Firm
- LA WYNNPA Certified Public Accountant
- Address
- 5850 Fayetteville Road, Durham, NC 27713
- Preparer
- Shatoria Parrish
- Phone
- 9199730714
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: Office Supplies. Amount: 2687. Description: Advertising. Amount: 69. Description: Insurance. Amount: 717. Description: Other expense. Amount: 25. Total to Form 990-EZ, line 16: 3498.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: DPS Receivable. Beg. of Year Amount: 288. End of Year Amount: 288. Description: Sales Tax Receivable. Beg. of Year Amount: 755. End of Year Amount: 329. Description: SunTrust for FUTA. Beg. of Year Amount: 0. End of Year Amount: 0.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: Notes Payable - Officers. Beg. of Year Amount: 58732. End of Year Amount: 60700.”
Raw XML Appendix143 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 11 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Deborah Watkins |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9198188181 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 634 Poplar Street |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Durham |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27703 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1308 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1838 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -1864 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 5253 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 2351 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 2455 |
| IRS990EZ/GrossReceiptsAmt | 0 | 18244 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 60732 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 1 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -56381 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -58245 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -56381 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -58245 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1471 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Deborah Watkins |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Executive Director |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1043 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 617 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 3498 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Education |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 18244 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Provided literacy and math to low-income kids in grades K-2 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 9875 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 1 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 58732 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 60700 |
| 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 | 20108 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 18244 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.giftofknowledgeacademy.org |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 60732 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | Operations |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 57133 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | Deborah Watkins |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | Executive Director |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 1 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 60732 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: Office Supplies. Amount: 2687. Description: Advertising. Amount: 69. Description: Insurance. Amount: 717. Description: Other expense. Amount: 25. Total to Form 990-EZ, line 16: 3498. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: DPS Receivable. Beg. of Year Amount: 288. End of Year Amount: 288. Description: Sales Tax Receivable. Beg. of Year Amount: 755. End of Year Amount: 329. Description: SunTrust for FUTA. Beg. of Year Amount: 0. End of Year Amount: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: Notes Payable - Officers. Beg. of Year Amount: 58732. End of Year Amount: 60700. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part II, Line 24 - Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Deborah Watkins |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9198188181 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Gift of Knowledge Academy Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GIFT |
| ReturnHeader/Filer/EIN | 0 | 465276248 |
| ReturnHeader/Filer/PhoneNum | 0 | 9198188181 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 634 Poplar Street |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Durham |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27703 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 270032918 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LA WYNNPA Certified Public Accountant |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5850 Fayetteville Road |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Durham |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27713 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9199730714 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Shatoria Parrish |
| ReturnHeader/ReturnTs | 0 | 2021-11-15T20:30:42-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Deborah |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Watkins |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-06-30 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $2,455
- Liabilities
- $60,700
- Net assets
- -$58,245
- Revenue
- $18,244
- Expenses
- $20,108
- Net income
- -$1,864