Civic Intelligence

Morgantown Learning Academy Inc

990 • Fiscal year 2021 • EIN 55-0464601

Aug 01, 2020 to Jul 31, 2021 • Filed on Dec 23, 2021

Organization ProfileWWW.LEARNINGACADEMY.ORG
123 Discovery PlaceMorgantown, WV 26508

(304) 296-9554

Siviq Scores

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

Liabilities / Assets

88th percentile

0.65x

Higher debt load relative to assets than 88% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

87th percentile

0.96x

Higher debt load relative to revenue than 87% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

45th percentile

9.8%

Higher net margin than 45% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

56th percentile

$70,550

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

39th percentile

4.7%

Faster asset growth than 39% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

30th percentile

-1.0%

Faster revenue growth than 30% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$1,103,045

Up $49,193 (+4.7%) from 2020

Net Assets

Up

$389,320

Up $72,313 (+23%) from 2020

Liabilities

Down

$713,725

Down $23,120 (-3.1%) from 2020

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin45th percentile

Revenue

Down

$741,000

Down $7,159 (-1.0%) from 2020

Expenses

Down

$668,687

Down $32,308 (-4.6%) from 2020

Net Income

Up

$72,313

Up $25,149 (+53%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $1,024,395Liabilities 2010: $1,140,443Net Assets 2010: -$116,0482010Assets 2011: $1,030,235Liabilities 2011: $1,080,791Net Assets 2011: -$50,5562011Assets 2012: $987,077Liabilities 2012: $1,018,454Net Assets 2012: -$31,3772012Assets 2013: $952,240Liabilities 2013: $939,181Net Assets 2013: $13,0592013Assets 2014: $950,316Liabilities 2014: $878,590Net Assets 2014: $71,7262014Assets 2015: $996,297Liabilities 2015: $817,953Net Assets 2015: $178,3442015Assets 2016: $895,906Liabilities 2016: $737,294Net Assets 2016: $158,6122016Assets 2017: $829,544Liabilities 2017: $698,455Net Assets 2017: $131,0892017Assets 2018: $769,432Liabilities 2018: $616,110Net Assets 2018: $153,3222018Assets 2019: $812,400Liabilities 2019: $542,557Net Assets 2019: $269,8432019Assets 2020: $1,053,852Liabilities 2020: $736,845Net Assets 2020: $317,0072020Assets 2021: $1,103,045Liabilities 2021: $713,725Net Assets 2021: $389,3202021Assets 2022: $1,214,887Liabilities 2022: $678,742Net Assets 2022: $536,1452022Assets 2023: $1,196,352Liabilities 2023: $650,786Net Assets 2023: $545,5662023Assets 2024: $1,152,773Liabilities 2024: $600,095Net Assets 2024: $552,6782024

Highlighted filing

2021

Assets$1,103,045
Liabilities$713,725
Net Assets$389,320
Open 2021 Filing

Operations Trend

Revenue Growth30th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $646,8352010Expenses 2011: $645,3972011Revenue 2012: $670,386Expenses 2012: $651,207Net Income 2012: $19,1792012Revenue 2013: $631,112Expenses 2013: $586,676Net Income 2013: $44,4362013Revenue 2014: $623,724Expenses 2014: $565,057Net Income 2014: $58,6672014Revenue 2015: $743,682Expenses 2015: $637,064Net Income 2015: $106,6182015Revenue 2016: $664,008Expenses 2016: $683,740Net Income 2016: -$19,7322016Revenue 2017: $689,931Expenses 2017: $717,454Net Income 2017: -$27,5232017Revenue 2018: $705,940Expenses 2018: $683,706Net Income 2018: $22,2342018Revenue 2019: $782,291Expenses 2019: $665,772Net Income 2019: $116,5192019Revenue 2020: $748,159Expenses 2020: $700,995Net Income 2020: $47,1642020Revenue 2021: $741,000Expenses 2021: $668,687Net Income 2021: $72,3132021Revenue 2022: $923,721Expenses 2022: $776,896Net Income 2022: $146,8252022Revenue 2023: $973,572Expenses 2023: $964,151Net Income 2023: $9,4212023Revenue 2024: $1,018,260Expenses 2024: $1,011,148Net Income 2024: $7,1122024

Highlighted filing

2021

Revenue$741,000
Expenses$668,687
Net Income$72,313
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Dec 23, 2021
Return Version
2020v4.1
Gross Receipts
$742,751
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$725,489$700,761▼ $24,728
Rtn Earn Endowment Incm Other Fnds$317,007$389,320▲ $72,313
Cash and Non-Interest-Bearing Accounts$297,687$387,478▲ $89,791
Prepaid Expenses and Deferred Charges$13,349$0▼ $13,349
Intangible Assets$11,424$10,618▼ $806
Accounts Receivable$5,903$4,188▼ $1,715
Total Assets$1,053,852$1,103,045▲ $49,193
Liabilities
Mortgage Notes Payable Secured by Investment Property$690,083$659,854▼ $30,229
Accounts Payable and Accrued Expenses$46,762$53,462▲ $6,700
Other Liabilities$0$409▲ $409
Total Liabilities$736,845$713,725▼ $23,120
Net Assets / Fund Balance
Total Net Assets Fund Balance$317,007$389,320▲ $72,313
Total Liabilities and Net Assets / Fund Balance$1,053,852$1,103,045▲ $49,193

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$555,908$430,246-
Other Land Buildings$4,428$168,983-
Land$140,425--
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Evelyn WardV. Pres. & SecretaryFT$70,550$70,550

Board Members and Trustees

NameTitle
Robert WiegandPresident & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$199,863
Program Service Revenue
$532,688
Investment Income
$0
Other Revenue
$8,449
All Other Contributions
$100,179
Change in Net Assets
$72,313
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$460,413
Other Expenses$208,274
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$270,151$79,571$0$349,722
Current Officers, Directors, Trustees, and Key Employees$0$70,550$0$70,550
Depreciation Depletion$55,211$6,134$0$61,345
Interest$40,405$4,489$0$44,894
Payroll Taxes$20,714$11,510$0$32,224
All Other Expenses$24,563$1,747$0$26,310
Occupancy$14,582$1,620$0$16,202
Insurance$13,986$1,554$0$15,540
Other Expenses$10,890$1,210$0$12,100
Pension Plan Contributions$5,089$2,828$0$7,917
Fees for Services Accounting$6,659$740$0$7,399
Office Expenses$3,153$350$0$3,503
Fees for Services Legal$2,444$272$0$2,716
Advertising$165$0$0$165
Total Functional Expenses$482,469$186,218$0$668,687
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,053
Fundraising Direct Expenses$1,751
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
Aflac$409
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Filing and Contact Details

Filer

Filer Name
Morgantown Learning Academy Inc
EIN
55-0464601
Phone
3042969554
Address
123 DISCOVERY PLACE, MORGANTOWN, WV 26508

Signing Officer

Name
Evelyn Ward
Title
VP/director
Phone
3042969554
Signed
2021-12-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Evelyn Ward
Formed
1967
Legal Domicile
Wv
Voting Board Members
2
Independent Board Members
1
Employees
30
Volunteers
15

Preparer

Firm
Maloney & Associates Pllc
Address
PO BOX 520, KINGWOOD, WV 26537
Preparer
Pamela J Schwer CPA
Phone
3043292752
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Form 990 is reviewed by the officer/directors.”

Pt VI, Line 19

“Morgantown learning academy makes its governing documents, and financial statements available upon request at the physical address of the corporation.”

Other

“Organization's mission: morgantown learning academy's mission is to provide a non-demoninational, child-centered education for preschool through middle school aged children which values self-motivation, self-reliance, and the ability to critically evaluate tasks.”

Raw XML AppendixShowing 400 of 418 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt046762
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt053462
IRS990/AccountsReceivableGrp/BOYAmt05903
IRS990/AccountsReceivableGrp/EOYAmt04188
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SEE SCHEDULE O
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt0165
IRS990/AdvertisingGrp/TotalAmt0165
IRS990/AllOtherContributionsAmt0100179
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01747
IRS990/AllOtherExpensesGrp/ProgramServicesAmt024563
IRS990/AllOtherExpensesGrp/TotalAmt026310
IRS990/BooksInCareOfDetail/PersonNm0EVELYN WARD
IRS990/BooksInCareOfDetail/PhoneNum03042969554
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0123 DISCOVERY PLACE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MORGANTOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WV
IRS990/BooksInCareOfDetail/USAddress/ZIPCd026508
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0297687
IRS990/CashNonInterestBearingGrp/EOYAmt0387478
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt070550
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt070550
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0199863
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0208274
IRS990/CYOtherRevenueAmt08449
IRS990/CYProgramServiceRevenueAmt0532688
IRS990/CYRevenuesLessExpensesAmt072313
IRS990/CYSalariesCompEmpBnftPaidAmt0460413
IRS990/CYTotalExpensesAmt0668687
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0741000
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06134
IRS990/DepreciationDepletionGrp/ProgramServicesAmt055211
IRS990/DepreciationDepletionGrp/TotalAmt061345
IRS990/Desc0THE PURPOSE OF THE MORGANTOWN LEARNING ACADEMY IS TO PROVIDE AN ALTERNATIVE EDUCATION OF THE HIGHEST QUALITY FOR CHILDREN OF ALL RACIAL, CULTURAL, RELIGIOUS, AND ECONOMIC BACKGROUNDS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt030
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0482469
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0740
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06659
IRS990/FeesForServicesAccountingGrp/TotalAmt07399
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0272
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt02444
IRS990/FeesForServicesLegalGrp/TotalAmt02716
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt055.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0EVELYN WARD
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT WIEGAND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt070550
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0V. PRES. & SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT & TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01967
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt01751
IRS990/FundraisingGrossIncomeAmt08053
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GovernmentGrantsAmt099684
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0742751
IRS990/GrossRentsGrp/RealAmt0200
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01554
IRS990/InsuranceGrp/ProgramServicesAmt013986
IRS990/InsuranceGrp/TotalAmt015540
IRS990/IntangibleAssetsGrp/BOYAmt011424
IRS990/IntangibleAssetsGrp/EOYAmt010618
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt04489
IRS990/InterestGrp/ProgramServicesAmt040405
IRS990/InterestGrp/TotalAmt044894
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0599229
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0725489
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0700761
IRS990/LandBldgEquipCostOrOtherBssAmt01299990
IRS990/LegalDomicileStateCd0WV
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0690083
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0659854
IRS990/NetAssetsOrFundBalancesBOYAmt0317007
IRS990/NetAssetsOrFundBalancesEOYAmt0389320
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt06302
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt06302
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0200
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0200
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01620
IRS990/OccupancyGrp/ProgramServicesAmt014582
IRS990/OccupancyGrp/TotalAmt016202
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0350
IRS990/OfficeExpensesGrp/ProgramServicesAmt03153
IRS990/OfficeExpensesGrp/TotalAmt03503
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0MERIT EXPENSE
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2SUBCONTRACTING
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03643
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31210
IRS990/OtherExpensesGrp/ProgramServicesAmt06557
IRS990/OtherExpensesGrp/ProgramServicesAmt16002
IRS990/OtherExpensesGrp/ProgramServicesAmt21898
IRS990/OtherExpensesGrp/ProgramServicesAmt310890
IRS990/OtherExpensesGrp/TotalAmt010200
IRS990/OtherExpensesGrp/TotalAmt16002
IRS990/OtherExpensesGrp/TotalAmt21898
IRS990/OtherExpensesGrp/TotalAmt312100
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0409
IRS990/OtherRevenueMiscGrp/BusinessCd0611699
IRS990/OtherRevenueMiscGrp/BusinessCd1611699
IRS990/OtherRevenueMiscGrp/BusinessCd2611699
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1REFUNDS
IRS990/OtherRevenueMiscGrp/Desc2MLA MONEY
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/ExclusionAmt20
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0102
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1526
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt21319
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0102
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1526
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21319
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
IRS990/OtherRevenueTotalAmt01947
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt079571
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0270151
IRS990/OtherSalariesAndWagesGrp/TotalAmt0349722
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011510
IRS990/PayrollTaxesGrp/ProgramServicesAmt020714
IRS990/PayrollTaxesGrp/TotalAmt032224
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02828
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05089
IRS990/PensionPlanContributionsGrp/TotalAmt07917
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013349
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0EVELYN WARD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611699
IRS990/ProgramServiceRevenueGrp/BusinessCd2611699
IRS990/ProgramServiceRevenueGrp/BusinessCd3611699
IRS990/ProgramServiceRevenueGrp/BusinessCd4611699
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1SUMMER CAMPS
IRS990/ProgramServiceRevenueGrp/Desc2AFTERSCHOOL
IRS990/ProgramServiceRevenueGrp/Desc3SUPPLY FEE
IRS990/ProgramServiceRevenueGrp/Desc4REIMBURSABLES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0390691
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt193615
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt335430
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44434
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0163179
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0211531
IRS990/PYOtherRevenueAmt038110
IRS990/PYProgramServiceRevenueAmt0546870
IRS990/PYRevenuesLessExpensesAmt047164
IRS990/PYSalariesCompEmpBnftPaidAmt0489464
IRS990/PYTotalExpensesAmt0700995
IRS990/PYTotalRevenueAmt0748159
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt072313
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0200
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0534834
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0317007
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0389320
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0555908
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0430246
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0986154
IRS990ScheduleD/LandGrp/BookValueAmt0140425
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0140425
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04428
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0168983
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0173411
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0409
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0AFLAC
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0700761
IRS990ScheduleD/TotalLiabilityAmt0409
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/ExplanationTxt0DISCLOSE POLICY IN ALL PRINT ADS IN LOCAL NEWSPAPERS
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE OFFICER/DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MORGANTOWN LEARNING ACADEMY MAKES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT THE PHYSICAL ADDRESS OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION'S MISSION: MORGANTOWN LEARNING ACADEMY'S MISSION IS TO PROVIDE A NON-DEMONINATIONAL, CHILD-CENTERED EDUCATION FOR PRESCHOOL THROUGH MIDDLE SCHOOL AGED CHILDREN WHICH VALUES SELF-MOTIVATION, SELF-RELIANCE, AND THE ABILITY TO CRITICALLY EVALUATE TASKS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01053852
IRS990/TotalAssetsEOYAmt01103045
IRS990/TotalAssetsGrp/BOYAmt01053852
IRS990/TotalAssetsGrp/EOYAmt01103045
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0199863
IRS990/TotalEmployeeCnt030
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0186218
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0482469
IRS990/TotalFunctionalExpensesGrp/TotalAmt0668687
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0736845
IRS990/TotalLiabilitiesEOYAmt0713725
IRS990/TotalLiabilitiesGrp/BOYAmt0736845
IRS990/TotalLiabilitiesGrp/EOYAmt0713725
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0317007
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0389320
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt08418
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0482469
IRS990/TotalProgramServiceRevenueAmt0532688
IRS990/TotalReportableCompFromOrgAmt070550
IRS990/TotalRevenueGrp/ExclusionAmt06302
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0534834
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0741000
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01053852
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01103045
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0123 DISCOVERY PLACE
IRS990/USAddress/CityNm0MORGANTOWN
IRS990/USAddress/StateAbbreviationCd0WV
IRS990/USAddress/ZIPCd026508
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0WWW.LEARNINGACADEMY.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-05-20 13:21:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EVELYN WARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03042969554
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MORGANTOWN LEARNING ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0MORG
ReturnHeader/Filer/EIN0550464601
ReturnHeader/Filer/PhoneNum03042969554
ReturnHeader/Filer/USAddress/AddressLine1Txt0123 DISCOVERY PLACE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,103,045
Liabilities
$713,725
Net assets
$389,320
Revenue
$741,000
Expenses
$668,687
Net income
$72,313
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.15$0.60$0.55$1.02$1.01$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.20$0.65$0.55$0.97$0.96$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.21$0.68$0.54$0.92$0.78$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.10$0.71$0.39$0.74$0.67$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.74$0.32$0.75$0.70$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.81$0.54$0.27$0.78$0.67$0.12
2018Summary only. Only limited summary data is available for this year.$0.77$0.62$0.15$0.71$0.68$0.02
2017Summary only. Only limited summary data is available for this year.$0.83$0.70$0.13$0.69$0.72$0.03
2016Summary only. Only limited summary data is available for this year.$0.90$0.74$0.16$0.66$0.68$0.02
2015Summary only. Only limited summary data is available for this year.$1.00$0.82$0.18$0.74$0.64$0.11
2014Summary only. Only limited summary data is available for this year.$0.95$0.88$0.07$0.62$0.57$0.06
2013Summary only. Only limited summary data is available for this year.$0.95$0.94$0.01$0.63$0.59$0.04
2012Summary only. Only limited summary data is available for this year.$0.99$1.02$0.03$0.67$0.65$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$1.08$0.05$0.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$1.14$0.12$0.65