Civic Intelligence

Granite Classical Tutorials Inc

EIN 52-2263217 • 501(c)3 • Columbia, MD

Profile

The Organization provides tutorial services for home-schooled children in the western suburbs of Baltimore, Maryland.

10001-A Route 108Columbia, MD 21044

www.graniteclassical.org

Siviq Scores

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

Liabilities / Assets

86th percentile

0.51x

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

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

77th percentile

0.19x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

59th percentile

9.2%

Higher net margin than 59% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

58th percentile

$15,437

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

84th percentile

37%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

71st percentile

26%

Faster revenue growth than 71% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$248,144

Up $67,024 (+37%) from 2022

Liabilities

Up

$125,722

Up $6,690 (+5.6%) from 2022

Net Assets

Up

$122,422

Up $60,334 (+97%) from 2022

Revenue

Up

$653,484

Up $135,799 (+26%) from 2022

Expenses

Up

$593,153

Up $30,978 (+5.5%) from 2022

Net Income

Up

$60,331

Up $104,821 (+236%) from 2022

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $102,236Liabilities 2011: $40,077Net Assets 2011: $62,1592011Assets 2012: $81,126Liabilities 2012: $26,597Net Assets 2012: $54,5292012Assets 2013: $95,749Liabilities 2013: $41,267Net Assets 2013: $54,4822013Assets 2014: $56,659Liabilities 2014: $12,209Net Assets 2014: $44,4502014Assets 2015: $4,718Liabilities 2015: $960Net Assets 2015: $3,7582015Assets 2016: $38,484Liabilities 2016: $35,587Net Assets 2016: $2,8972016Assets 2017: $67,969Liabilities 2017: $32,523Net Assets 2017: $35,4462017Assets 2018: $105,641Liabilities 2018: $44,793Net Assets 2018: $60,8482018Assets 2019: $126,337Liabilities 2019: $47,367Net Assets 2019: $78,9702019Assets 2020: $160,269Liabilities 2020: $84,722Net Assets 2020: $75,5472020Assets 2021: $193,666Liabilities 2021: $87,088Net Assets 2021: $106,5782021Assets 2022: $181,120Liabilities 2022: $119,032Net Assets 2022: $62,0882022Assets 2023: $248,144Liabilities 2023: $125,722Net Assets 2023: $122,4222023

Highlighted filing

2023

Assets$248,144
Liabilities$125,722
Net Assets$122,422

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $221,193Expenses 2011: $206,560Net Income 2011: $14,6332011Expenses 2012: $197,5942012Expenses 2013: $219,6852013Revenue 2014: $222,205Expenses 2014: $232,237Net Income 2014: -$10,0322014Revenue 2015: $184,662Expenses 2015: $225,354Net Income 2015: -$40,6922015Revenue 2016: $226,689Expenses 2016: $227,550Net Income 2016: -$8612016Revenue 2017: $258,380Expenses 2017: $225,831Net Income 2017: $32,5492017Revenue 2018: $282,738Expenses 2018: $257,338Net Income 2018: $25,4002018Revenue 2019: $309,258Expenses 2019: $291,136Net Income 2019: $18,1222019Revenue 2020: $323,230Expenses 2020: $326,653Net Income 2020: -$3,4232020Revenue 2021: $335,788Expenses 2021: $317,638Net Income 2021: $18,1502021Revenue 2022: $517,685Expenses 2022: $562,175Net Income 2022: -$44,4902022Revenue 2023: $653,484Expenses 2023: $593,153Net Income 2023: $60,3312023

Highlighted filing

2023

Revenue$653,484
Expenses$593,153
Net Income$60,331

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.48$1.26$1.22$6.53$5.93$0.60
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$1.19$0.62$5.18$5.62$0.44
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.94$0.87$1.07$3.36$3.18$0.18
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$0.85$0.76$3.23$3.27$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.47$0.79$3.09$2.91$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.45$0.61$2.83$2.57$0.25
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.33$0.35$2.58$2.26$0.33
2016Detailed filing. Detailed filing data is available for this year.$0.38$0.36$0.03$2.27$2.28$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.01$0.04$1.85$2.25$0.41
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.12$0.44$2.22$2.32$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.41$0.54$2.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.27$0.55$1.98
2011Summary only. Only limited summary data is available for this year.$1.02$0.40$0.62$2.21$2.07$0.15
Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Feb 11, 2021
Return Version
2019v5.0
Gross Receipts
$323,230
Mission and Program Overview

Mission

The Organization provides tutorial services for home-schooled children in the northern and western suburbs of Baltimore, Maryland.

The Organization provides tutorial services for home-schooled children in the western suburbs of Baltimore, Maryland.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$116,587$148,228▲ $31,641
Rtn Earn Endowment Incm Other Fnds$78,970$75,547▼ $3,423
Accounts Receivable$9,750$12,041▲ $2,291
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$126,337$160,269▲ $33,932
Other Assets Total-$0-
Liabilities
Other Liabilities$46,119$84,722▲ $38,603
Accounts Payable and Accrued Expenses$1,248--
Total Liabilities$47,367$84,722▲ $37,355
Net Assets / Fund Balance
Total Net Assets Fund Balance$78,970$75,547▼ $3,423
Total Liabilities and Net Assets / Fund Balance$126,337$160,269▲ $33,932

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$5,075$5,075
Compensation and Service Providers

Employees

NameTitleBaseTotal
Michelle RichardsTreasurer$6,863$6,863

Board Members and Trustees

NameTitle
Gil GotiangcoPresident
Tim RichardsVice President
Chris BarkleyDirector
Kimberly GotiangcoDirector
Lauren BarkleyDirector
Stephanie LinkDirector
Susan ByunDirector
Rob ByunSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,200
Program Service Revenue
$319,801
Investment Income
$0
Other Revenue
$2,229
All Other Contributions
$1,200
Change in Net Assets
$-3,423
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$255,905
Other Expenses$70,748
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$231,080--$231,080
Occupancy$24,274--$24,274
Payroll Taxes$17,962--$17,962
All Other Expenses$6,451$1,421-$7,872
Current Officers, Directors, Trustees, and Key Employees$6,863--$6,863
Information Technology$5,512--$5,512
Advertising-$3,130-$3,130
Insurance-$3,073-$3,073
Other Expenses$3,524$2,700-$2,700
Office Expenses-$2,493-$2,493
Fees for Services Accounting-$225-$225
Total Functional Expenses$310,361$16,292$0$326,653
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,229
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits and prepayments$83,537
Payroll Liabilities$1,185
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
No
Other officer compensation reviewed
No
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, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

The board consists of four married couples - Tim & Michelle Richards, Gil & Kimberly Gotiangco, Rob & Susan Byun and Chris & Lauren Barkley - plus one other individual.

Form 990, Part VI, Line 11B: Form 990 Review Process

Treasurer reviews and approves the 990 on behalf of the entire board.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Available on request.

Filing and Contact Details

Filer

Filer Name
Granite Classical Tutorials Inc
EIN
52-2263217
Phone
4107301066
Address
10001-A Route 108, Columbia, MD 21044

Signing Officer

Name
Michelle Richards
Title
Treasurer
Signed
2021-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Richards
Formed
2000
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
4
Employees
23
Volunteers
50

Preparer

Firm
Fisher Ring LLC
Address
5300 Dorsey Hall Drive Suite 201, Ellicott City, MD 21042
Preparer
Jeffrey D Ring CPA
Phone
4109951522
Raw XML AppendixShowing 400 of 423 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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IRS990/BooksInCareOfDetail/PhoneNum03015186152
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07945 Flagwalk Terrace
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IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0During the fiscal year ending July 31, 2020, the Organization tutored children in grades 1-12. Tutored subjects include history, science, mathematics, grammar, writing, rhetoric, English, literature, Latin, French, Spanish and logic.
IRS990/DescribedInSection501c3Ind0true
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IRS990/OtherExpensesGrp/TotalAmt014695
IRS990/OtherExpensesGrp/TotalAmt13524
IRS990/OtherExpensesGrp/TotalAmt23250
IRS990/OtherExpensesGrp/TotalAmt32700
IRS990/OtherLiabilitiesGrp/BOYAmt046119
IRS990/OtherLiabilitiesGrp/EOYAmt084722
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Revenue
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0231080
IRS990/OtherSalariesAndWagesGrp/TotalAmt0231080
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PayrollTaxesGrp/ProgramServicesAmt017962
IRS990/PayrollTaxesGrp/TotalAmt017962
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Michelle Richards
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Application Fees
IRS990/ProgramServiceRevenueGrp/Desc1Non-Academic Options
IRS990/ProgramServiceRevenueGrp/Desc2Study Hall Fees
IRS990/ProgramServiceRevenueGrp/Desc3Testing Fees
IRS990/ProgramServiceRevenueGrp/Desc4Tuition
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03200
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19737
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24702
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31475
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4299645
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19737
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24702
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31475
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4299645
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02600
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt064893
IRS990/PYOtherRevenueAmt01136
IRS990/PYProgramServiceRevenueAmt0305522
IRS990/PYRevenuesLessExpensesAmt018122
IRS990/PYSalariesCompEmpBnftPaidAmt0226243
IRS990/PYTotalExpensesAmt0291136
IRS990/PYTotalRevenueAmt0309258
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-3423
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0319801
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt078970
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt075547
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05075
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05075
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt083537
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11185
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deposits and prepayments
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll Liabilities
IRS990ScheduleD/TotalLiabilityAmt084722
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The entire student handbook, complete with all policies, is available on the Organization's website.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board consists of four married couples - Tim & Michelle Richards, Gil & Kimberly Gotiangco, Rob & Susan Byun and Chris & Lauren Barkley - plus one other individual.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Treasurer reviews and approves the 990 on behalf of the entire board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Available on request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SignificantChangeInd0false
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IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0160269
IRS990/TotalAssetsGrp/BOYAmt0126337
IRS990/TotalAssetsGrp/EOYAmt0160269
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01200
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016292
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0310361
IRS990/TotalFunctionalExpensesGrp/TotalAmt0326653
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt047367
IRS990/TotalLiabilitiesEOYAmt084722
IRS990/TotalLiabilitiesGrp/BOYAmt047367
IRS990/TotalLiabilitiesGrp/EOYAmt084722
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt078970
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt075547
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt01042
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt01042
IRS990/TotalProgramServiceExpensesAmt0310361
IRS990/TotalProgramServiceRevenueAmt0319801
IRS990/TotalReportableCompFromOrgAmt06863
IRS990/TotalRevenueGrp/ExclusionAmt02229
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0323230
IRS990/TotalVolunteersCnt050
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0160269
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010001-A Route 108
IRS990/USAddress/CityNm0Columbia
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd0210441889
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.graniteclassical.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michelle Richards

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