Civic Intelligence

South Central Education Development Inc

990 • Fiscal year 2019 • EIN 55-0756137

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 26, 2020

PO Box 4322Bluefield, WV 24701

(304) 325-6105

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

83rd percentile

29%

Higher net margin than 83% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

31st percentile

-8.0%

Faster asset growth than 31% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

47th percentile

-0.4%

Faster revenue growth than 47% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$81,795

Down $7,073 (-8.0%) from 2018

Net Assets

Up

$81,795

Up $17,800 (+28%) from 2018

Liabilities

Down

$0

Down $24,873 (-100%) from 2018

Revenue

Down

$61,224

Down $219 (-0.4%) from 2018

Expenses

Down

$43,424

Down $526 (-1.2%) from 2018

Net Income

Up

$17,800

Up $307 (+1.8%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $1,948Liabilities 2011: $0Net Assets 2011: $1,9482011Assets 2012: $0Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $11,788Liabilities 2013: $9,124Net Assets 2013: $2,6642013Assets 2014: $112,262Liabilities 2014: $93,900Net Assets 2014: $18,3622014Assets 2015: $103,437Liabilities 2015: $77,363Net Assets 2015: $26,0742015Assets 2016: $95,771Liabilities 2016: $59,034Net Assets 2016: $36,7372016Assets 2017: $46,502Liabilities 2017: $0Net Assets 2017: $46,5022017Assets 2018: $88,868Liabilities 2018: $24,873Net Assets 2018: $63,9952018Assets 2019: $81,795Liabilities 2019: $0Net Assets 2019: $81,7952019Assets 2020: $92,614Liabilities 2020: $0Net Assets 2020: $92,6142020Assets 2021: $131,221Liabilities 2021: $0Net Assets 2021: $131,2212021Assets 2022: $222,834Liabilities 2022: $0Net Assets 2022: $222,8342022Assets 2023: $324,152Liabilities 2023: $0Net Assets 2023: $324,1522023Assets 2024: $289,506Liabilities 2024: $0Net Assets 2024: $289,5062024

Highlighted filing

2019

Assets$81,795
Liabilities$0
Net Assets$81,795

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $89,295Expenses 2011: $87,741Net Income 2011: $1,5542011Revenue 2012: $105,283Expenses 2012: $148,070Net Income 2012: -$42,7872012Revenue 2013: $151,525Expenses 2013: $151,170Net Income 2013: $3552013Revenue 2014: $100,531Expenses 2014: $84,833Net Income 2014: $15,6982014Revenue 2015: $83,617Expenses 2015: $75,905Net Income 2015: $7,7122015Revenue 2016: $88,706Expenses 2016: $78,043Net Income 2016: $10,6632016Revenue 2017: $56,973Expenses 2017: $47,206Net Income 2017: $9,7672017Revenue 2018: $61,443Expenses 2018: $43,950Net Income 2018: $17,4932018Revenue 2019: $61,224Expenses 2019: $43,424Net Income 2019: $17,8002019Revenue 2020: $67,854Expenses 2020: $39,235Net Income 2020: $28,6192020Revenue 2021: $209,486Expenses 2021: $170,879Net Income 2021: $38,6072021Revenue 2022: $291,082Expenses 2022: $199,469Net Income 2022: $91,6132022Revenue 2023: $302,452Expenses 2023: $201,134Net Income 2023: $101,3182023Revenue 2024: $158,951Expenses 2024: $193,597Net Income 2024: -$34,6462024

Highlighted filing

2019

Revenue$61,224
Expenses$43,424
Net Income$17,800
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 26, 2020
Return Version
2019v5.0
Gross Receipts
$61,224
Mission and Program Overview

Mission

South central education developments mission is to work as a diverse organization serving southern west virginia and southwest virgina by prviding service, advocating for the prevention of hiv/std poverty.

South central education developments mission is to work as a diverse organization serving southern west virginia and southwest virginia by providing service, advocating for the prevention of hiv/std poverty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$63,995$81,795▲ $17,800
Cash and Non-Interest-Bearing Accounts$61,443$61,224▼ $219
Savings and Temporary Cash Investments$5,266$20,571▲ $15,305
Total Assets$66,709$81,795▲ $15,086
Liabilities
Accounts Payable and Accrued Expenses$2,714$17,800▲ $15,086
Total Liabilities$2,714$0▼ $2,714
Net Assets / Fund Balance
Total Net Assets Fund Balance$63,995$81,795▲ $17,800
Total Liabilities and Net Assets / Fund Balance$66,709$81,795▲ $15,086
Compensation and Service Providers

Board Members and Trustees

NameTitle
Darryl CannadyPresident/executive Director
David PowellVice President
Linda BaneDirector
Mark HaleDirector
Sherry Ray JonesDirector
Aleto Jo RileySecretary
Steven WebbTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$61,224
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,625
Change in Net Assets
$17,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,150
Salaries, Compensation, and Employee Benefits$21,274
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$20,513--$20,513
Office Expenses$5,736--$5,736
Insurance$4,522--$4,522
Occupancy$2,203--$2,203
Other Expenses$1,248--$1,248
Fees for Services Accounting$930--$930
Payroll Taxes$761--$761
Total Functional Expenses$43,424$0$0$43,424
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
South Central Education Development Inc
EIN
55-0756137
Phone
3043256105
Address
PO BOX 4322, BLUEFIELD, WV 24701
Doing Business As
South Central Education Development Inc

Signing Officer

Name
Darryl Canady
Title
Director
Signed
2020-02-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Darryl Cannady
Formed
2016
Legal Domicile
Wv
Voting Board Members
9
Independent Board Members
0
Employees
1

Preparer

Firm
Paynes Bus Services Dba Executive Bus Services
Address
344 PINEHURST COURT, ABINGDON, VA 24211
Preparer
Jeffrey S Davis
Phone
2764518208
Supplemental Narrative

Additional Explanations

Form 990, Part I, Section 4, Line A

Expenses occur to provide material management cost. Grants are provided by various types of organizations

Raw XML Appendix360 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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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt066709
IRS990/TotalAssetsEOYAmt081795
IRS990/TotalAssetsGrp/BOYAmt066709
IRS990/TotalAssetsGrp/EOYAmt081795
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt061224
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt043424
IRS990/TotalFunctionalExpensesGrp/TotalAmt043424
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02714
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt02714
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt063995
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt081795
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt061224
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt066709
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt081795
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0PO BOX 4322
IRS990/USAddress/CityNm0BLUEFIELD
IRS990/USAddress/StateAbbreviationCd0WV
IRS990/USAddress/ZIPCd024701
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DARRYL CANADY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTH CENTRAL EDUCATION DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0550756137
ReturnHeader/Filer/PhoneNum03043256105
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 4322
ReturnHeader/Filer/USAddress/CityNm0BLUEFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WV
ReturnHeader/Filer/USAddress/ZIPCd024701
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03956D02003DD6FEFFD487DCEE37F7EBDD54297C5
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03956D02003DD6FEFFD487DCEE37F7EBDD54297C5
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0174.196.13.2
ReturnHeader/FilingSecurityInformation/IPDt02020-02-26
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm013:07:01
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PAYNES BUS SERVICES DBA EXECUTIVE BUS SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0344 PINEHURST COURT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ABINGDON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd024211
ReturnHeader/PreparerPersonGrp/PhoneNum02764518208
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY S DAVIS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-02-26T08:44:03-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.90$0.00$2.90$1.59$1.94$0.35
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.24$0.00$3.24$3.02$2.01$1.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$0.00$2.23$2.91$1.99$0.92
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.00$1.31$2.09$1.71$0.39
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.00$0.93$0.68$0.39$0.29
2019Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.61$0.43$0.18
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.25$0.64$0.61$0.44$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.00$0.47$0.57$0.47$0.10
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.59$0.37$0.89$0.78$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.03$0.77$0.26$0.84$0.76$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.12$0.94$0.18$1.01$0.85$0.16
2013Summary only. Only limited summary data is available for this year.$0.12$0.09$0.03$1.52$1.51$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$1.05$1.48$0.43
2011Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$0.89$0.88$0.02