Civic Intelligence

Pee Dee Academy

990 • Fiscal year 2018 • EIN 57-0472982

Jul 01, 2017 to Jun 30, 2018 • Filed on May 31, 2019

P O Box 449Mullins, SC 29274

(843) 423-1771

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.31x

Higher debt load relative to assets than 72% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

67th percentile

0.24x

Higher debt load relative to revenue than 67% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

44th percentile

1.0%

Higher net margin than 44% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

46th percentile

0.1%

Faster asset growth than 46% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

39th percentile

-0.0%

Faster revenue growth than 39% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,412,815

Up $1,590 (+0.1%) from 2017

Net Assets

Up

$974,005

Up $18,400 (+1.9%) from 2017

Liabilities

Down

$438,810

Down $16,810 (-3.7%) from 2017

Revenue

Down

$1,867,124

Down $275 (-0.0%) from 2017

Expenses

Down

$1,848,724

Down $23,648 (-1.3%) from 2017

Net Income

Up

$18,400

Up $23,373 (+470%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,376,810Liabilities 2010: $436,877Net Assets 2010: $939,9332010Assets 2011: $1,388,392Liabilities 2011: $446,126Net Assets 2011: $942,2662011Assets 2012: $1,383,385Liabilities 2012: $447,316Net Assets 2012: $936,0692012Assets 2013: $1,387,933Liabilities 2013: $440,968Net Assets 2013: $946,9652013Assets 2014: $1,388,814Liabilities 2014: $412,021Net Assets 2014: $976,7932014Assets 2015: $1,386,867Liabilities 2015: $463,521Net Assets 2015: $923,3462015Assets 2016: $1,419,723Liabilities 2016: $459,145Net Assets 2016: $960,5782016Assets 2017: $1,411,225Liabilities 2017: $455,620Net Assets 2017: $955,6052017Assets 2018: $1,412,815Liabilities 2018: $438,810Net Assets 2018: $974,0052018Assets 2019: $1,420,979Liabilities 2019: $475,329Net Assets 2019: $945,6502019Assets 2020: $1,717,528Liabilities 2020: $718,862Net Assets 2020: $998,6662020Assets 2021: $1,893,463Liabilities 2021: $587,209Net Assets 2021: $1,306,2542021Assets 2022: $1,860,282Liabilities 2022: $693,908Net Assets 2022: $1,166,3742022Assets 2023: $2,513,710Liabilities 2023: $721,147Net Assets 2023: $1,792,5632023

Highlighted filing

2018

Assets$1,412,815
Liabilities$438,810
Net Assets$974,005

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,728,8902010Expenses 2011: $1,776,6242011Expenses 2012: $1,778,6962012Expenses 2013: $1,769,5682013Revenue 2014: $1,803,900Expenses 2014: $1,774,072Net Income 2014: $29,8282014Revenue 2015: $1,819,958Expenses 2015: $1,873,405Net Income 2015: -$53,4472015Revenue 2016: $1,917,902Expenses 2016: $1,880,670Net Income 2016: $37,2322016Revenue 2017: $1,867,399Expenses 2017: $1,872,372Net Income 2017: -$4,9732017Revenue 2018: $1,867,124Expenses 2018: $1,848,724Net Income 2018: $18,4002018Revenue 2019: $1,933,787Expenses 2019: $1,962,142Net Income 2019: -$28,3552019Revenue 2020: $1,986,515Expenses 2020: $1,933,499Net Income 2020: $53,0162020Revenue 2021: $2,381,015Expenses 2021: $2,073,427Net Income 2021: $307,5882021Revenue 2022: $2,264,531Expenses 2022: $2,404,411Net Income 2022: -$139,8802022Revenue 2023: $2,893,756Expenses 2023: $2,701,789Net Income 2023: $191,9672023

Highlighted filing

2018

Revenue$1,867,124
Expenses$1,848,724
Net Income$18,400
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 31, 2019
Return Version
2017v2.2
Gross Receipts
$2,217,110
Mission and Program Overview

Mission

Private school k-3 thru 12th grade

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$726,306$692,618▼ $33,688
Cash and Non-Interest-Bearing Accounts$356,597$441,295▲ $84,698
Savings and Temporary Cash Investments$328,322$278,902▼ $49,420
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,411,225$1,412,815▲ $1,590
Other Assets Total-$0-
Liabilities
Deferred Revenue$447,912$431,750▼ $16,162
Accounts Payable and Accrued Expenses$7,708$7,059▼ $649
Other Liabilities-$1-
Total Liabilities$455,620$438,810▼ $16,810
Net Assets / Fund Balance
Unrestricted Net Assets$955,605$974,005▲ $18,400
Total Net Assets Fund Balance$955,605$974,005▲ $18,400
Total Liabilities and Net Assets / Fund Balance$1,411,225$1,412,815▲ $1,590

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$604,102$1,544,338$2,148,440
Land$88,516-$88,516
Compensation and Service Providers

Board Members and Trustees

NameTitle
Will EskridgeChairman
Donny GeraldDirector
Kathy CribbsDirector
Kay WebsterDirector
Lee WhiteDirector
Matt SmallDirector
Michael SingletaryDirector
Mitzi MartinDirector
Sheila HarrelsonDirector
Smith BrooksDirector
Stephanie ByrdDirector
Terry SarvisDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Townsend Consulting INCConsulting4286 MONTEREY DR, Florence, SC 29501$74,400
Revenue and Support

Revenue Composition

Contributions and Grants
$1,825
Program Service Revenue
$1,844,840
Investment Income
$580
Other Revenue
$19,879
All Other Contributions
$1,825
Change in Net Assets
$18,400
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,308,528
Other Expenses$540,196
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,215,787--$1,215,787
Occupancy$101,076--$101,076
All Other Expenses$93,516$6,563-$100,079
Payroll Taxes$91,423--$91,423
Depreciation Depletion$54,435--$54,435
Travel$46,400--$46,400
Insurance$19,364--$19,364
Other Expenses$16,501--$16,501
Fees for Services Accounting-$1,775-$1,775
Other Employee Benefits$1,318--$1,318
Total Functional Expenses$1,840,386$8,338$0$1,848,724
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$369,865
Fundraising Direct Expenses$349,986
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Activities Fund$202,105$202,105$203,391$-1,286
Athletic Fund$97,312$97,312$121,654$-24,342
Total Events$369,865$369,865$349,986$19,879
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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, Line 11B: Form 990 Review Process

Form 990 is reviewed by the governing board prior to filing of return.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The governing board reviews compensation packages of all employees on an annual basis.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Copies of governing docs, policies and financial statements are available upon request at the organizations office.

Filing and Contact Details

Filer

Filer Name
Pee Dee Academy
EIN
57-0472982
Phone
8434231771
Address
P O BOX 449, MULLINS, SC 29274

Signing Officer

Name
Hal Townsend
Title
Headmaster
Signed
2019-05-31
Discuss with paid preparer
Yes

Organization Details

Formed
1965
Legal Domicile
Sc
Voting Board Members
12
Independent Board Members
12
Employees
48
Volunteers
40

Preparer

Firm
Craig Martin CPA PA
Address
PO Box 783, Marion, SC 29571
Preparer
Craig Martin CPA
Phone
8434236002
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IRS990/NetAssetsOrFundBalancesBOYAmt0955605
IRS990/NetAssetsOrFundBalancesEOYAmt0974005
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt019879
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0101076
IRS990/OccupancyGrp/TotalAmt0101076
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01318
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01318
IRS990/OtherExpensesGrp/Desc0CANTEEN SUPPLIES
IRS990/OtherExpensesGrp/Desc1CONSULTANTS
IRS990/OtherExpensesGrp/Desc2INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc3AV/COMPUTER HARDWARE
IRS990/OtherExpensesGrp/ProgramServicesAmt077614
IRS990/OtherExpensesGrp/ProgramServicesAmt174400
IRS990/OtherExpensesGrp/ProgramServicesAmt248552
IRS990/OtherExpensesGrp/ProgramServicesAmt316501
IRS990/OtherExpensesGrp/TotalAmt077614
IRS990/OtherExpensesGrp/TotalAmt174400
IRS990/OtherExpensesGrp/TotalAmt248552
IRS990/OtherExpensesGrp/TotalAmt316501
IRS990/OtherLiabilitiesGrp/EOYAmt01
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01215787
IRS990/OtherSalariesAndWagesGrp/TotalAmt01215787
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt091423
IRS990/PayrollTaxesGrp/TotalAmt091423
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CANTEEN
IRS990/ProgramServiceRevenueGrp/Desc1EDUCATIONAL FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0110641
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11734199
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0110641
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11734199
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01165
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0492
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0540843
IRS990/PYOtherRevenueAmt056019
IRS990/PYProgramServiceRevenueAmt01809723
IRS990/PYRevenuesLessExpensesAmt0-4973
IRS990/PYSalariesCompEmpBnftPaidAmt01331529
IRS990/PYTotalExpensesAmt01872372
IRS990/PYTotalRevenueAmt01867399
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt018400
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01845420
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0328322
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0278902
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0604102
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01544338
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02148440
IRS990ScheduleD/LandGrp/BookValueAmt088516
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt088516
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0692618
IRS990ScheduleD/TotalLiabilityAmt01
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/ExplanationTxt0MAINTAINED ON ORGANIZATIONS WEB SITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0349986
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ACTIVITIES FUND
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ATHLETIC FUND
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0202105
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt097312
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt070448
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0369865
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0202105
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt097312
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt070448
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0369865
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt019879
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt024941
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0349986
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0203391
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0121654
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE GOVERNING BOARD PRIOR TO FILING OF RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BOARD REVIEWS COMPENSATION PACKAGES OF ALL EMPLOYEES ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPIES OF GOVERNING DOCS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATIONS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$0.72$1.79$2.89$2.70$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$0.69$1.17$2.26$2.40$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$0.59$1.31$2.38$2.07$0.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.72$1.00$1.99$1.93$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.42$0.48$0.95$1.93$1.96$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.41$0.44$0.97$1.87$1.85$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.46$0.96$1.87$1.87$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.42$0.46$0.96$1.92$1.88$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.39$0.46$0.92$1.82$1.87$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.39$0.41$0.98$1.80$1.77$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.44$0.95$1.77
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.45$0.94$1.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.45$0.94$1.78
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.44$0.94$1.73