Civic Intelligence

Skillz 4 Life Inc.

990 • Fiscal year 2021 • EIN 47-2287725

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 14, 2022

Refreshing map…

204 East Jacob StreetLouisville, KY 40203

(502) 822-3975

Siviq Scores

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

Liabilities / Assets

86th percentile

0.49x

Higher debt load relative to assets than 86% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

60th percentile

0.07x

Higher debt load relative to revenue than 60% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

41st percentile

7.1%

Higher net margin than 41% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

78th percentile

$72,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

38th percentile

3.8%

Faster asset growth than 38% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

86th percentile

102%

Faster revenue growth than 86% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$84,822

Up $83,967 (+9821%) from 2019

Net Assets

Up

$42,879

Up $42,024 (+4915%) from 2019

Liabilities

Up

$41,943

Up $41,943 from 2019

Revenue

Up

$600,815

Up $226,721 (+61%) from 2019

Expenses

Up

$557,936

Up $183,334 (+49%) from 2019

Net Income

Up

$42,879

Up $43,387 (+8541%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2019: $855Liabilities 2019: $0Net Assets 2019: $8552019Assets 2021: $84,822Liabilities 2021: $41,943Net Assets 2021: $42,8792021Assets 2022: $162,400Liabilities 2022: $43,480Net Assets 2022: $118,9202022Assets 2024: $214,464Liabilities 2024: $48,032Net Assets 2024: $166,4322024

Highlighted filing

2021

Assets$84,822
Liabilities$41,943
Net Assets$42,879

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2019: $374,094Expenses 2019: $374,602Net Income 2019: -$5082019Revenue 2021: $600,815Expenses 2021: $557,936Net Income 2021: $42,8792021Revenue 2022: $767,788Expenses 2022: $710,991Net Income 2022: $56,7972022Revenue 2024: $833,088Expenses 2024: $818,444Net Income 2024: $14,6442024

Highlighted filing

2021

Revenue$600,815
Expenses$557,936
Net Income$42,879
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 14, 2022
Return Version
2020v4.1
Gross Receipts
$600,815
Mission and Program Overview

Mission

To break the cycle of poverty by connection children, adults and families with skills, information and high quality services they need to achieve their greatest potential.

To break the cycle of poverty by connecting children, adults and families with skills, information and high quality services they need to achieve their greatest potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$36,315-
Cash and Non-Interest-Bearing Accounts-$32,927-
Prepaid Expenses and Deferred Charges-$15,580-
Total Assets$0$84,822▲ $84,822
Liabilities
Mortgage Notes Payable Secured by Investment Property-$35,800-
Other Liabilities-$6,143-
Total Liabilities$0$41,943▲ $41,943
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$42,879-
Total Net Assets Fund Balance$0$42,879▲ $42,879
Total Liabilities and Net Assets / Fund Balance$0$84,822▲ $84,822

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$36,315--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Marleeta HarrisPresidentCEOFT$72,000$72,000
Jason HarrisVPTreasurerFT$43,500$43,500
Kelondoe JonesVPSecretaryPT$25,500$25,500

Board Members and Trustees

NameTitle
Danielle DeshieldsBoard Chairman
Angela SmithBoard Member
Bonnie MarshalBoard Member
Monica BrownBoard Member
Nicola TerriBoard Member
Terri JonesBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$511,396
Program Service Revenue
$89,414
Investment Income
$5
Other Revenue
$0
All Other Contributions
$44,613
Change in Net Assets
$42,879
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$288,247
Salaries, Compensation, and Employee Benefits$269,689
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$199,779--$199,779
All Other Expenses$64,459$21,544-$86,003
Occupancy$85,908--$85,908
Other Salaries and Wages$59,206--$59,206
Office Expenses-$39,144-$39,144
Insurance$12,959--$12,959
Fees for Services Other$10,067--$10,067
Travel-$9,207-$9,207
Fees for Services Legal-$9,104-$9,104
Payroll Taxes$6,226--$6,226
Advertising-$4,621-$4,621
Other Employee Benefits$4,478--$4,478
Interest-$317-$317
Other Expenses$30,799$118-$118
Total Functional Expenses$473,881$84,055$0$557,936
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Salaries$6,111
Payroll Liabilities$19
Payroll Tax Payable$13
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The governing body reviews the Form 990 at a normal board meeting before filing.

CEO executive director top management comp Part VI line 15A

Compensation is reviewed and set annually by the board of the organization.

Other officer or key employee compensation Part VI line 15B

Other officers of the entity have their compensation set by the board after recommendation from the President of the organization.

Governing documents etc available to public Part VI line 19

All documents of this type are available upon request to the public in the organizations offices.

Filing and Contact Details

Filer

Filer Name
Skillz 4 Life Inc
EIN
47-2287725
Address
204 East Jacob Street, Louisville, KY 40203

Signing Officer

Name
Marleeta Harris
Title
President
Phone
5028223975
Signed
2022-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marleeta Harris
Formed
2014
Legal Domicile
Ky
Voting Board Members
9
Independent Board Members
6
Employees
41

Preparer

Firm
Associates in Accounting CPA
Address
9405 Mill Brook Road Suite 102, Louisville, KY 40223
Preparer
Rick Fields
Phone
5024518678
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

See Overflow Schedule included with this return for detail relating to these expenses.

Raw XML Appendix383 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The governing body reviews the Form 990 at a normal board meeting before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Compensation is reviewed and set annually by the board of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Other officers of the entity have their compensation set by the board after recommendation from the President of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All documents of this type are available upon request to the public in the organizations offices.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4See Overflow Schedule included with this return for detail relating to these expenses.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other expenses Part IX line 24e
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IRS990/TotalContributionsAmt0511396
IRS990/TotalEmployeeCnt041
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt084055
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0473881
IRS990/TotalFunctionalExpensesGrp/TotalAmt0557936
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt041943
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt041943
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt042879
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0473881
IRS990/TotalProgramServiceRevenueAmt089414
IRS990/TotalReportableCompFromOrgAmt0141000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt089419
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0600815
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt084822
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt09207
IRS990/TravelGrp/TotalAmt09207
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0false
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Marleeta Harris
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05028223975
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Skillz 4 Life Inc
ReturnHeader/Filer/BusinessNameControlTxt0SKIL
ReturnHeader/Filer/EIN0472287725
ReturnHeader/Filer/USAddress/AddressLine1Txt0204 East Jacob Street
ReturnHeader/Filer/USAddress/CityNm0Louisville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040203
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203160966
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Associates in Accounting CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09405 Mill Brook Road Suite 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Louisville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040223
ReturnHeader/PreparerPersonGrp/PhoneNum05024518678
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rick Fields
ReturnHeader/ReturnTs02023-05-04T14:17:12-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Marleeta
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Harris
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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