Civic Intelligence

Promised Learning Center Ltd.

990EZ • Fiscal year 2019 • EIN 56-2161697

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 15, 2020

Organization ProfileNone
717 S Memorial DriveBethel, NC 27812

(252) 825-7111

Siviq Scores

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

Liabilities / Assets

100th percentile

554.60x

Higher debt load relative to assets than 100% of similar nonprofits.

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

0.12x

Higher debt load relative to revenue than 81% of similar nonprofits.

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Net Margin

45th percentile

1.6%

Higher net margin than 45% of similar nonprofits.

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Top Officer Pay

82nd percentile

$16,800

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2019 filings • NTEE P • <$500k nonprofits • Source year 2019

Asset Growth

2nd percentile

-92%

Faster asset growth than 2% of similar nonprofits.

2019 filings • NTEE P • <$500k nonprofits • Annualized from 2017 to 2019

Revenue Growth

43rd percentile

-1.2%

Faster revenue growth than 43% of similar nonprofits.

2019 filings • NTEE P • <$500k nonprofits • Annualized from 2017 to 2019

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$42

Down $7,180 (-99%) from 2017

Net Assets

Up

-$18,844

Up $10,412 (+36%) from 2017

Liabilities

Down

$23,293

Down $13,185 (-36%) from 2017

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin45th percentile

Revenue

Down

$195,236

Down $4,708 (-2.4%) from 2017

Expenses

Up

$192,171

Up $6,927 (+3.7%) from 2017

Net Income

Down

$3,065

Down $11,635 (-79%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$100K$50K$0-$50K-$100KAssets 2011: $9,979Liabilities 2011: $48,716Net Assets 2011: -$38,7372011Assets 2012: $10,876Liabilities 2012: $52,1582012Assets 2013: $11,318Liabilities 2013: $55,8202013Assets 2014: $1Liabilities 2014: $44,4572014Assets 2015: $0Liabilities 2015: $58,795Net Assets 2015: -$58,7952015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $7,222Liabilities 2017: $36,478Net Assets 2017: -$29,2562017Assets 2019: $42Liabilities 2019: $23,293Net Assets 2019: -$18,8442019Assets 2020: $12,420Liabilities 2020: $0Net Assets 2020: $12,4202020Assets 2021: $44,651Liabilities 2021: $17,031Net Assets 2021: $27,6202021Assets 2022: $61,741Liabilities 2022: $20,235Net Assets 2022: $41,5062022Assets 2023: $56,822Liabilities 2023: $6,280Net Assets 2023: $50,5422023Assets 2024: $71,048Liabilities 2024: $16,490Net Assets 2024: $54,5582024

Highlighted filing

2019

Assets$42
Liabilities$23,293
Net Assets-$18,844
Open 2019 Filing

Operations Trend

Revenue Growth43rd percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $169,062Expenses 2011: $172,495Net Income 2011: -$3,4332011Revenue 2012: $156,646Expenses 2012: $160,407Net Income 2012: -$3,7612012Revenue 2013: $117,217Expenses 2013: $119,185Net Income 2013: -$1,9682013Revenue 2014: $135,660Expenses 2014: $135,614Net Income 2014: $462014Revenue 2015: $140,754Expenses 2015: $138,210Net Income 2015: $2,5442015Revenue 2016: $179,136Expenses 2016: $161,570Net Income 2016: $17,5662016Revenue 2017: $199,944Expenses 2017: $185,244Net Income 2017: $14,7002017Revenue 2019: $195,236Expenses 2019: $192,171Net Income 2019: $3,0652019Revenue 2020: $237,403Expenses 2020: $252,749Net Income 2020: -$15,3462020Revenue 2021: $306,763Expenses 2021: $257,730Net Income 2021: $49,0332021Revenue 2022: $401,404Expenses 2022: $392,859Net Income 2022: $8,5452022Revenue 2023: $364,701Expenses 2023: $353,169Net Income 2023: $11,5322023Revenue 2024: $416,879Expenses 2024: $400,710Net Income 2024: $16,1692024

Highlighted filing

2019

Revenue$195,236
Expenses$192,171
Net Income$3,065
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 15, 2020
Return Version
2019v5.0
Gross Receipts
$195,236
Mission and Program Overview

Mission

Child Care

Provide child care while parents are at workschool

Program Services

DescriptionGrantsExpenses
The Promised Learning Center provided child care to over 40 children The center mained its star rating-$172,272
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BETTIE HILLIARDPresidentFT$16,800-$16,800
Filing and Contact Details

Filer

Filer Name
Promised Learning Center LTD
EIN
56-2161697
In Care Of
% Bettie Hilliard
Phone
2528257111
Address
717 S Memorial Drive, Bethel, NC 27812

Signing Officer

Name
Bettie Hilliard
Title
President
Phone
2523755997
Signed
2020-10-15
Discuss with paid preparer
Yes

Preparer

Firm
Stephon Newkirk Acctg & Tax Inc
Address
1990 Allen Road, Suite A, Greenville, NC 27834
Preparer
Stephon Newkirk
Phone
2523290708
Supplemental Narrative

Additional Explanations

Part I Line 16

“Other office expenses $14.00”

Part I Line 16

“Information technology $1396.00”

Part I Line 16

“Insurance $6860.00”

Part I Line 16

“Supplies $10380.00”

Part I Line 16

“Transportation $10183.00”

Part I Line 16

“Repairs $2582.00”

Part I Line 16

“Telephone $585.00”

Part II Line 26

“Accounts payable and accrued expenses. Beginning:$23270.00 Ending: $23293.00”

Raw XML Appendix143 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Stephon Newkirk Accounting and Tax Inc
IRS990EZ/BooksInCareOfDetail/PhoneNum02523290708
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01990 Allen Road Ste Suite A
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Greenville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027834
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01361
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt042
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03065
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03719
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01361
IRS990EZ/Form990TotalAssetsGrp/EOYAmt042
IRS990EZ/GrossReceiptsAmt0195236
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-21909
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-18844
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-21909
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-23251
IRS990EZ/OccupancyRentUtltsAndMaintAmt026689
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt016800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BETTIE HILLIARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt046509
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide child care while parents are at workschool
IRS990EZ/PrintingPublicationsPostageAmt088
IRS990EZ/ProgramServiceRevenueAmt0195236
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Promised Learning Center provided child care to over 40 children The center mained its star rating
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0172272
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0115166
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt023270
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt023293
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0192171
IRS990EZ/TotalProgramServiceExpensesAmt0172272
IRS990EZ/TotalRevenueAmt0195236
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0216023
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0199944
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0179136
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0140754
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0735857
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0735857
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0216023
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0199944
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0179136
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0140754
IRS990ScheduleA/Total509Grp/TotalAmt0735857
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0216023
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0199944
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0179136
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0140754
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0735857
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other office expenses $14.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Information technology $1396.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $6860.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Supplies $10380.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Transportation $10183.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Repairs $2582.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Telephone $585.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts payable and accrued expenses. Beginning:$23270.00 Ending: $23293.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part II Line 26
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BETTIE HILLIARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02523755997
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Promised Learning Center LTD
ReturnHeader/Filer/BusinessNameControlTxt0PROM
ReturnHeader/Filer/EIN0562161697
ReturnHeader/Filer/InCareOfNm0% Bettie Hilliard
ReturnHeader/Filer/PhoneNum02528257111
ReturnHeader/Filer/USAddress/AddressLine1Txt0717 S Memorial Drive
ReturnHeader/Filer/USAddress/CityNm0Bethel
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027812
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03D3B94C9723A0E65BAEA33A79B43E8DEB9A2C024
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03D3B94C9723A0E65BAEA33A79B43E8DEB9A2C024
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId069000520202891159609
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-10-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.170.48.9
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562215288
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Stephon Newkirk Acctg & Tax Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01990 Allen Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0Suite A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Greenville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027834
ReturnHeader/PreparerPersonGrp/PhoneNum02523290708
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHON NEWKIRK
ReturnHeader/ReturnTs02020-10-15T15:59:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$42
Liabilities
$23,293
Net assets
-$18,844
Revenue
$195,236
Expenses
$192,171
Net income
$3,065
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.16$0.55$4.17$4.01$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.06$0.51$3.65$3.53$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.20$0.42$4.01$3.93$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.17$0.28$3.07$2.58$0.49
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.00$0.12$2.37$2.53$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.23$0.19$1.95$1.92$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.36$0.29$2.00$1.85$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$1.79$1.62$0.18
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.59$0.59$1.41$1.38$0.03
2014Summary only. Only limited summary data is available for this year.$0.00$0.44$1.36$1.36$0.00
2013Summary only. Only limited summary data is available for this year.$0.11$0.56$1.17$1.19$0.02
2012Summary only. Only limited summary data is available for this year.$0.11$0.52$1.57$1.60$0.04
2011Summary only. Only limited summary data is available for this year.$0.10$0.49$0.39$1.69$1.72$0.03