Civic Intelligence

Salisbury Academy

990 • Fiscal year 2012 • EIN 56-1826817

Jul 01, 2011 to Jun 30, 2012 • Filed on Nov 14, 2012

2210 Jake Alexander Blvd N28147
Siviq Scores

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

Liabilities / Assets

91st percentile

1.01x

Higher debt load relative to assets than 91% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

26th percentile

-3.9%

Faster asset growth than 26% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$3,121,081

Down $126,976 (-3.9%) from 2011

Net Assets

Down

-$42,033

Down $111,291 (-161%) from 2011

Liabilities

Down

$3,163,114

Down $15,685 (-0.5%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,874,077

Up $246,444 (+15%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $3,248,057Liabilities 2011: $3,178,799Net Assets 2011: $69,2582011Assets 2012: $3,121,081Liabilities 2012: $3,163,114Net Assets 2012: -$42,0332012Assets 2013: $2,880,368Liabilities 2013: $3,184,247Net Assets 2013: -$303,8792013Assets 2014: $2,685,022Liabilities 2014: $3,109,197Net Assets 2014: -$424,1752014Assets 2015: $2,571,144Liabilities 2015: $2,957,519Net Assets 2015: -$386,3752015Assets 2016: $2,513,035Liabilities 2016: $2,837,103Net Assets 2016: -$324,0682016Assets 2017: $2,882,262Liabilities 2017: $2,758,720Net Assets 2017: $123,5422017Assets 2018: $2,874,346Liabilities 2018: $2,664,456Net Assets 2018: $209,8902018Assets 2019: $2,877,983Liabilities 2019: $2,666,159Net Assets 2019: $211,8242019Assets 2020: $2,787,874Liabilities 2020: $2,618,967Net Assets 2020: $168,9072020Assets 2021: $2,873,259Liabilities 2021: $2,679,614Net Assets 2021: $193,6452021Assets 2022: $2,726,338Liabilities 2022: $2,251,070Net Assets 2022: $475,2682022Assets 2023: $4,243,743Liabilities 2023: $2,410,277Net Assets 2023: $1,833,4662023Assets 2024: $4,571,489Liabilities 2024: $2,894,520Net Assets 2024: $1,676,9692024

Highlighted filing

2012

Assets$3,121,081
Liabilities$3,163,114
Net Assets-$42,033

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,590,854Expenses 2011: $1,627,633Net Income 2011: -$36,7792011Expenses 2012: $1,874,0772012Revenue 2013: $1,815,009Expenses 2013: $2,079,409Net Income 2013: -$264,4002013Revenue 2014: $1,925,886Expenses 2014: $2,050,210Net Income 2014: -$124,3242014Revenue 2015: $1,949,598Expenses 2015: $1,910,256Net Income 2015: $39,3422015Revenue 2016: $2,064,110Expenses 2016: $2,000,133Net Income 2016: $63,9772016Revenue 2017: $2,555,893Expenses 2017: $2,108,283Net Income 2017: $447,6102017Revenue 2018: $2,389,161Expenses 2018: $2,302,814Net Income 2018: $86,3472018Revenue 2019: $2,429,257Expenses 2019: $2,427,323Net Income 2019: $1,9342019Revenue 2020: $2,287,709Expenses 2020: $2,330,626Net Income 2020: -$42,9172020Revenue 2021: $2,322,302Expenses 2021: $2,297,563Net Income 2021: $24,7392021Revenue 2022: $2,980,333Expenses 2022: $2,698,710Net Income 2022: $281,6232022Revenue 2023: $4,264,953Expenses 2023: $2,906,755Net Income 2023: $1,358,1982023Revenue 2024: $3,412,455Expenses 2024: $3,568,953Net Income 2024: -$156,4982024

Highlighted filing

2012

Revenue-
Expenses$1,874,077
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Nov 14, 2012
Return Version
2011v1.2
Gross Receipts
$1,762,768
Mission and Program Overview

Mission

To provide an enriching and challenging curriculum and educational community which encourages students to be life-long learners, develop strong character, serve their community, and deepen their faith.

Filing and Contact Details

Filer

EIN
56-1826817
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IRS990ScheduleO/GeneralExplanation/Explanation1IN ACCORDANCE WITH WRITTEN POLICY.
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IRS990ScheduleO/GeneralExplanation/Explanation4MISCELLANEOUS 37,169 UTILITIES 35,465 PROFESSIONAL FEES 33,392 CUSTODIAN 31,757 BAD DEBTS 31,000 YEARBOOK 8,664 TELEPHONE 8,596 LEADERSHIP SCHOLARSHIPS 4,810 BUS EXPENSE 3,715 CONTRACT LABOR 3,500 ATHLETICS 2,000 INTERNET 1,615 BANK CHARGES 864 STAFF INVESTIGATION 602 PUBLIC RELATIONS 39
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IRS990ScheduleO/GeneralExplanation/Identifier4OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART IX, LINE 24E
IRS990/ScheduleORequired0false
IRS990/School0true
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/SubjectToProxyTax0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine102210 JAKE ALEXANDER BLVD N
IRS990/TheBooksAreInCareOf/AddressUS/City0SALISBURY
IRS990/TheBooksAreInCareOf/AddressUS/State0NC
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode028144
IRS990/TheBooksAreInCareOf/NamePerson0SHANNON MCCOY
IRS990/TheBooksAreInCareOf/TelephoneNumber07046363002
IRS990/TotalAssets/BOY03248057
IRS990/TotalAssetsBOY03248057
IRS990/TotalAssets/EOY03121081
IRS990/TotalAssetsEOY03121081
IRS990/TotalCompGT150K0false
IRS990/TotalContributions0176028
IRS990/TotalExpensesCurrentYear01874077
IRS990/TotalExpensesPriorYear01627633
IRS990/TotalFunctionalExpenses/Fundraising0136996
IRS990/TotalFunctionalExpenses/ManagementAndGeneral0540148
IRS990/TotalFunctionalExpenses/ProgramServices01196933

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.57$2.89$1.68$3.41$3.57$0.16
2023Detailed filing. Detailed filing data is available for this year.$4.24$2.41$1.83$4.26$2.91$1.36
2022Detailed filing. Detailed filing data is available for this year.$2.73$2.25$0.48$2.98$2.70$0.28
2021Detailed filing. Detailed filing data is available for this year.$2.87$2.68$0.19$2.32$2.30$0.02
2020Detailed filing. Detailed filing data is available for this year.$2.79$2.62$0.17$2.29$2.33$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.88$2.67$0.21$2.43$2.43$0.00
2018Detailed filing. Detailed filing data is available for this year.$2.87$2.66$0.21$2.39$2.30$0.09
2017Detailed filing. Detailed filing data is available for this year.$2.88$2.76$0.12$2.56$2.11$0.45
2016Detailed filing. Detailed filing data is available for this year.$2.51$2.84$0.32$2.06$2.00$0.06
2015Summary only. Only limited summary data is available for this year.$2.57$2.96$0.39$1.95$1.91$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.69$3.11$0.42$1.93$2.05$0.12
2013Summary only. Only limited summary data is available for this year.$2.88$3.18$0.30$1.82$2.08$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$3.16$0.04$1.87
2011Summary only. Only limited summary data is available for this year.$3.25$3.18$0.07$1.59$1.63$0.04