Civic Intelligence

Skillz 4 Life Inc.

990 • Fiscal year 2023 • EIN 47-2287725

Jul 01, 2022 to Jun 30, 2023 • Filed on Feb 19, 2024

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

66th percentile

0.18x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

36th percentile

0.03x

Higher debt load relative to revenue than 36% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

48th percentile

3.1%

Higher net margin than 48% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

47th percentile

$48,000

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

70th percentile

14%

Faster asset growth than 70% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

78th percentile

36%

Faster revenue growth than 78% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$185,740

Up $23,340 (+14%) from 2022

Net Assets

Up

$151,788

Up $32,868 (+28%) from 2022

Liabilities

Down

$33,952

Down $9,528 (-22%) from 2022

Revenue

Up

$1,046,370

Up $278,582 (+36%) from 2022

Expenses

Up

$1,013,502

Up $302,511 (+43%) from 2022

Net Income

Down

$32,868

Down $23,929 (-42%) from 2022

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 2023: $185,740Liabilities 2023: $33,952Net Assets 2023: $151,7882023Assets 2024: $214,464Liabilities 2024: $48,032Net Assets 2024: $166,4322024

Highlighted filing

2023

Assets$185,740
Liabilities$33,952
Net Assets$151,788

Operations Trend

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

$1.5M$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 2023: $1,046,370Expenses 2023: $1,013,502Net Income 2023: $32,8682023Revenue 2024: $833,088Expenses 2024: $818,444Net Income 2024: $14,6442024

Highlighted filing

2023

Revenue$1,046,370
Expenses$1,013,502
Net Income$32,868
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Feb 19, 2024
Return Version
2022v5.0
Gross Receipts
$1,046,370
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$112,832$164,316▲ $51,484
Cash and Non-Interest-Bearing Accounts$49,568$21,424▼ $28,144
Total Assets$162,400$185,740▲ $23,340
Liabilities
Mortgage Notes Payable Secured by Investment Property$35,800$33,952▼ $1,848
Other Liabilities$7,680--
Total Liabilities$43,480$33,952▼ $9,528
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$73,151$106,019▲ $32,868
Net Assets With Donor Restrictions$45,769$45,769→ $0
Total Net Assets Fund Balance$118,920$151,788▲ $32,868
Total Liabilities and Net Assets / Fund Balance$162,400$185,740▲ $23,340

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$37,681-$26,380
Other Land Buildings$126,635--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Marleeta HarrisPresidentCEOFT$48,000$48,000
Jason HarrisVPTreasurerFT$26,560$26,560

Board Members and Trustees

NameTitle
Danielle DeshieldsBoard Chairman
Angela SmithBoard Member
Terri JonesBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$840,470
Program Service Revenue
$205,896
Investment Income
$4
Other Revenue
$0
Change in Net Assets
$32,868
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$649,679
Salaries, Compensation, and Employee Benefits$363,823
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$311,514$10,913-$322,427
Other Salaries and Wages$202,591--$202,591
Fees for Services Other$150,034--$150,034
Occupancy$91,271--$91,271
Current Officers, Directors, Trustees, and Key Employees-$74,560-$74,560
Other Employee Benefits$61,512--$61,512
Payroll Taxes$25,160--$25,160
Travel-$21,036-$21,036
Fees for Services Legal-$17,467-$17,467
Insurance$11,053--$11,053
Other Expenses$120$734-$120
Total Functional Expenses$888,792$124,710$0$1,013,502
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
Rent Payable-
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
2024-02-19
Discuss with paid preparer
No

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

Explanation of other changes in net assets or fund balances Part XI line 9

Saving of Ristricted funds.

List of other fees for services expenses Part IX line 11G

Other Expenses Line 11gContractors - $147,466.00Payroll Processing Fees - $2,568.00

List of other expenses Part IX line 24E

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

Raw XML Appendix364 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.
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Marleeta Harris
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05028223975
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-02-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Skillz 4 Life Inc
ReturnHeader/Filer/BusinessNameControlTxt0SKIL
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ReturnHeader/Filer/USAddress/AddressLine1Txt0204 East Jacob Street
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09405 Mill Brook Road Suite 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Louisville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rick Fields
ReturnHeader/ReturnTs02024-04-12T09:49:22-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Marleeta
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Harris
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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