Civic Intelligence

Pdyf Success Institute

EIN 56-2201186 • 501(c)3 • Statesville, NC

Profile

Education of students in grades k through 8

1424 Rickert StreetStatesville, NC 28677

www.successinstitutecharterschool.com

Siviq Scores

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

Liabilities / Assets

95th percentile

1.18x

Higher debt load relative to assets than 95% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

77th percentile

0.33x

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

NTEE B • $1M-$5M nonprofits • Source year 2025

Net Margin

23rd percentile

-6.0%

Higher net margin than 23% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

63rd percentile

$94,056

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

NTEE B • $1M-$5M nonprofits • Source year 2025

Asset Growth

36th percentile

-0.1%

Faster asset growth than 36% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

63rd percentile

19%

Faster revenue growth than 63% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$401,032

Down $152,223 (-28%) from 2023

Liabilities

Up

$387,251

Up $142,234 (+58%) from 2023

Net Assets

Down

$13,781

Down $294,457 (-96%) from 2023

Revenue

Down

$1,214,247

Down $372,596 (-23%) from 2023

Expenses

Up

$1,508,704

Up $16,007 (+1.1%) from 2023

Net Income

Down

-$294,457

Down $388,603 (-413%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $161,186Liabilities 2011: $453Net Assets 2011: $160,7332011Assets 2012: $150,197Liabilities 2012: $1,842Net Assets 2012: $148,3552012Assets 2013: $110,644Liabilities 2013: $2,576Net Assets 2013: $108,0682013Assets 2014: $79,797Liabilities 2014: $4,155Net Assets 2014: $75,6422014Assets 2015: $109,146Liabilities 2015: $118,793Net Assets 2015: -$9,6472015Assets 2016: $133,776Liabilities 2016: $99,198Net Assets 2016: $34,5782016Assets 2017: $271,094Liabilities 2017: $171,674Net Assets 2017: $99,4202017Assets 2018: $265,206Liabilities 2018: $120,934Net Assets 2018: $144,2722018Assets 2019: $283,585Liabilities 2019: $110,045Net Assets 2019: $173,5402019Assets 2020: $300,588Liabilities 2020: $115,525Net Assets 2020: $185,0632020Assets 2021: $365,902Liabilities 2021: $138,964Net Assets 2021: $226,9382021Assets 2022: $273,249Liabilities 2022: $59,157Net Assets 2022: $214,0922022Assets 2023: $553,255Liabilities 2023: $245,017Net Assets 2023: $308,2382023Assets 2024: $401,032Liabilities 2024: $387,251Net Assets 2024: $13,7812024

Highlighted filing

2024

Assets$401,032
Liabilities$387,251
Net Assets$13,781

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $782,995Expenses 2011: $831,508Net Income 2011: -$48,5132011Revenue 2012: $860,303Expenses 2012: $872,681Net Income 2012: -$12,3782012Revenue 2013: $861,207Expenses 2013: $901,494Net Income 2013: -$40,2872013Revenue 2014: $859,094Expenses 2014: $891,520Net Income 2014: -$32,4262014Revenue 2015: $862,567Expenses 2015: $838,936Net Income 2015: $23,6312015Revenue 2016: $898,961Expenses 2016: $854,736Net Income 2016: $44,2252016Revenue 2017: $953,493Expenses 2017: $888,651Net Income 2017: $64,8422017Revenue 2018: $970,627Expenses 2018: $925,775Net Income 2018: $44,8522018Revenue 2019: $1,064,549Expenses 2019: $1,035,281Net Income 2019: $29,2682019Revenue 2020: $1,052,572Expenses 2020: $1,041,049Net Income 2020: $11,5232020Revenue 2021: $1,087,596Expenses 2021: $1,045,721Net Income 2021: $41,8752021Revenue 2022: $1,609,077Expenses 2022: $1,621,923Net Income 2022: -$12,8462022Revenue 2023: $1,586,843Expenses 2023: $1,492,697Net Income 2023: $94,1462023Revenue 2024: $1,214,247Expenses 2024: $1,508,704Net Income 2024: -$294,4572024

Highlighted filing

2024

Revenue$1,214,247
Expenses$1,508,704
Net Income-$294,457

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.39$0.01$1.21$1.51$0.29
2023Summary only. Only limited summary data is available for this year.$0.55$0.25$0.31$1.59$1.49$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.06$0.21$1.61$1.62$0.01
2021Summary only. Only limited summary data is available for this year.$0.37$0.14$0.23$1.09$1.05$0.04
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.12$0.19$1.05$1.04$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.11$0.17$1.06$1.04$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.12$0.14$0.97$0.93$0.04
2017Summary only. Only limited summary data is available for this year.$0.27$0.17$0.10$0.95$0.89$0.06
2016Summary only. Only limited summary data is available for this year.$0.13$0.10$0.03$0.90$0.85$0.04
2015Summary only. Only limited summary data is available for this year.$0.11$0.12$0.01$0.86$0.84$0.02
2014Summary only. Only limited summary data is available for this year.$0.08$0.00$0.08$0.86$0.89$0.03
2013Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$0.86$0.90$0.04
2012Summary only. Only limited summary data is available for this year.$0.15$0.00$0.15$0.86$0.87$0.01
2011Summary only. Only limited summary data is available for this year.$0.16$0.00$0.16$0.78$0.83$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 24, 2025
Return Version
2023v6.0
Gross Receipts
$1,214,247
Mission and Program Overview

Mission

Education of students in grades k through 8

Providing education of students in grades k through 8

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$247,248$374,631▲ $127,383
Land, Buildings, and Equipment, Net$7,334$12,743▲ $5,409
Cash and Non-Interest-Bearing Accounts$292,820$10,775▼ $282,045
Accounts Receivable$5,853$2,883▼ $2,970
Total Assets$553,255$401,032▼ $152,223
Liabilities
Accounts Payable and Accrued Expenses$245,017$384,704▲ $139,687
Other Liabilities$0$2,547▲ $2,547
Total Liabilities$245,017$387,251▲ $142,234
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$308,238$13,781▼ $294,457
Total Net Assets Fund Balance$308,238$13,781▼ $294,457
Total Liabilities and Net Assets / Fund Balance$553,255$401,032▼ $152,223

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,743$58,467$71,210
Other Land Buildings$0$4,201$4,201
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tenna WilliamsExecutive DirectorFT$94,056$94,056
Shadrach MartinPrincipalFT$77,108$77,108

Board Members and Trustees

NameTitle
Billy ThompsonBoard Chair
Annette HoustonBoard Member
Dr Dietrich DannerBoard Member
Roshonda CowanBoard Member
Glenn UsryFounder
Nicole GraySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,214,183
Program Service Revenue
$0
Investment Income
$64
Other Revenue
$0
Change in Net Assets
$-294,457

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,214,247
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,214,247
Total Revenue per Form 990
$1,214,247
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$945,249
Other Expenses$563,455
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$517,501$152,069-$669,570
Pension Plan Contributions$115,936$33,551-$149,487
All Other Expenses$44,303$58,158-$102,461
Occupancy$61,099$10,782-$71,881
Other Employee Benefits$57,460$11,942-$69,402
Other Expenses$43,618$14,736-$58,354
Payroll Taxes$43,925$12,865-$56,790
Insurance$1,793$23,161-$24,954
Office Expenses$6,164$3,807-$9,971
Advertising-$9,308-$9,308
Fees for Services Accounting$3,400$3,400-$6,800
Depreciation Depletion$2,031$2,030-$4,061
Total Functional Expenses$943,975$564,729$0$1,508,704

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,508,704
Total Expenses per Audited Statements$1,508,704
Total Expenses per Form 990$1,508,704
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Inflows of Resources$2,547
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The tax return is made available for review to the board members via email.

Form 990, Part VI, Section B, Line 12C

Each board member completes a conflict of interest questionnaire on an annual basis.

Form 990, Part VI, Section B, Line 15

Compensation for key employees is determined by the board on an annual basis.

Form 990, Part VI, Section C, Line 19

The school makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Pdyf Success Institute
EIN
56-2201186
Phone
7048810441
Address
1424 RICKERT STREET, STATESVILLE, NC 28677

Signing Officer

Name
Billy Thompson
Title
Board Chair
Phone
7048810441
Signed
2025-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Billy Thompson
Formed
2000
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
5
Employees
23
Volunteers
0

Preparer

Firm
Batchelor Tillery & Roberts Llp
Address
3605 GLENWOOD AVENUE SUITE 350, RALEIGH, NC 27612
Preparer
Wm James Black Jr
Phone
9197878212
Raw XML Appendix384 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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IRS990ScheduleD/EquipmentGrp/DepreciationAmt058467
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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04201
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02547
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS OF RESOURCES
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IRS990ScheduleD/TotalLiabilityAmt02547
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE NONDISCRIMINATION POLICY IS DISCLOSED ON THE SCHOOL WEBSITE AND IN WRITTEN COMMUNICATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1USDA SCHOOL LUNCH PROGRAM
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAX RETURN IS MADE AVAILABLE FOR REVIEW TO THE BOARD MEMBERS VIA EMAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER COMPLETES A CONFLICT OF INTEREST QUESTIONNAIRE ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR KEY EMPLOYEES IS DETERMINED BY THE BOARD ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01424 RICKERT STREET
IRS990/USAddress/CityNm0STATESVILLE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028677
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.SUCCESSINSTITUTECHARTERSCHOOL.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BILLY THOMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07048810441
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PDYF SUCCESS INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0PDYF
ReturnHeader/Filer/EIN0562201186
ReturnHeader/Filer/PhoneNum07048810441
ReturnHeader/Filer/USAddress/AddressLine1Txt01424 RICKERT STREET
ReturnHeader/Filer/USAddress/CityNm0STATESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028677
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561750124
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BATCHELOR TILLERY & ROBERTS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03605 GLENWOOD AVENUE SUITE 350
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027612
ReturnHeader/PreparerPersonGrp/PhoneNum09197878212
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WM JAMES BLACK JR
ReturnHeader/ReturnTs02025-10-24T07:39:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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