Civic Intelligence

Pee Dee Academy

990 • Fiscal year 2023 • EIN 57-0472982

Jul 01, 2022 to Jun 30, 2023 • Filed on May 14, 2024

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

74th percentile

0.29x

Higher debt load relative to assets than 74% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

69th percentile

0.25x

Higher debt load relative to revenue than 69% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

55th percentile

6.6%

Higher net margin than 55% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

85th percentile

35%

Faster asset growth than 85% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

73rd percentile

28%

Faster revenue growth than 73% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,513,710

Up $653,428 (+35%) from 2022

Net Assets

Up

$1,792,563

Up $626,189 (+54%) from 2022

Liabilities

Up

$721,147

Up $27,239 (+3.9%) from 2022

Revenue

Up

$2,893,756

Up $629,225 (+28%) from 2022

Expenses

Up

$2,701,789

Up $297,378 (+12%) from 2022

Net Income

Up

$191,967

Up $331,847 (+237%) from 2022

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

2023

Assets$2,513,710
Liabilities$721,147
Net Assets$1,792,563

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

2023

Revenue$2,893,756
Expenses$2,701,789
Net Income$191,967
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$3,364,963
Mission and Program Overview

Mission

Private school k-3 thru 12th grade

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$618,149$950,923▲ $332,774
Savings and Temporary Cash Investments$634,671$918,438▲ $283,767
Accounts Receivable-$452,755-
Cash and Non-Interest-Bearing Accounts$607,462$191,594▼ $415,868
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$1,860,282$2,513,710▲ $653,428
Other Assets Total-$0-
Liabilities
Deferred Revenue$688,118$717,739▲ $29,621
Accounts Payable and Accrued Expenses$5,790$3,408▼ $2,382
Total Liabilities$693,908$721,147▲ $27,239
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,166,374$1,792,563▲ $626,189
Total Net Assets Fund Balance$1,166,374$1,792,563▲ $626,189
Total Liabilities and Net Assets / Fund Balance$1,860,282$2,513,710▲ $653,428

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$450,947$1,242,437$1,693,384
Leasehold Improvements$367,812$72,710$440,522
Other Land Buildings$10,052$266,152$276,204
Equipment$33,596$178,097$211,693
Land$88,516-$88,516
Compensation and Service Providers

Board Members and Trustees

NameTitle
Will EskridgeChairman
Amy RichardsonDirector
Carson WhittingtonDirector
Katherine TurnerDirector
Lee HerndonDirector
Neal BaxleyDirector
Smith BrooksDirector
Stephanie ByrdDirector
Terry SarvisDirector
Wesley JonesDirector
Allyson CarmichaelHead of Schools
Revenue and Support

Revenue Composition

Contributions and Grants
$1,320
Program Service Revenue
$2,515,798
Investment Income
$49,054
Other Revenue
$327,584
All Other Contributions
$1,320
Change in Net Assets
$191,967
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,166,105
Other Expenses$535,684
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,012,390--$2,012,390
Payroll Taxes$151,937--$151,937
Occupancy$132,586--$132,586
All Other Expenses$93,302--$93,302
Depreciation Depletion$59,527--$59,527
Fees for Services Other-$50,923-$50,923
Insurance$22,135--$22,135
Other Expenses$21,817--$21,817
Fees for Services Accounting-$2,975-$2,975
Other Employee Benefits$1,778--$1,778
Travel$875--$875
Total Functional Expenses$2,647,891$53,898$0$2,701,789
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$798,791
Fundraising Direct Expenses$471,207
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Stadium Campaign$312,772$312,772$10,648$302,124
Activities Fund$230,688$230,688$273,905$-43,217
Total Events$798,791$798,791$471,207$327,584
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-
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 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

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

Form 990, Part VI, Section B, Line 15B

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

Form 990, Part VI, Section C, Line 19

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
Allyson Carmichael
Title
Head of Schools
Signed
2024-05-14
Discuss with paid preparer
Yes

Organization Details

Formed
1965
Legal Domicile
Sc
Voting Board Members
12
Independent Board Members
12
Employees
70
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/OtherEmployeeBenefitsGrp/ProgramServicesAmt01778
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01778
IRS990/OtherExpensesGrp/Desc0CANTEEN SUPPLIES
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc2SRO FEES
IRS990/OtherExpensesGrp/Desc3JANITORIAL SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt077187
IRS990/OtherExpensesGrp/ProgramServicesAmt141652
IRS990/OtherExpensesGrp/ProgramServicesAmt232705
IRS990/OtherExpensesGrp/ProgramServicesAmt321817
IRS990/OtherExpensesGrp/TotalAmt077187
IRS990/OtherExpensesGrp/TotalAmt141652
IRS990/OtherExpensesGrp/TotalAmt232705
IRS990/OtherExpensesGrp/TotalAmt321817
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02012390
IRS990/OtherSalariesAndWagesGrp/TotalAmt02012390
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0151937
IRS990/PayrollTaxesGrp/TotalAmt0151937
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PriorPeriodAdjustmentsAmt0434222
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CANTEEN
IRS990/ProgramServiceRevenueGrp/Desc1EDUCATIONAL FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt096095
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12419703
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt096095
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12419703
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0275
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01782
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0537213
IRS990/PYOtherRevenueAmt070526
IRS990/PYProgramServiceRevenueAmt02191948
IRS990/PYRevenuesLessExpensesAmt0-139880
IRS990/PYSalariesCompEmpBnftPaidAmt01867198
IRS990/PYTotalExpensesAmt02404411
IRS990/PYTotalRevenueAmt02264531
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0191967
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02843382
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0634671
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0918438
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0450947
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01242437
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01693384
IRS990ScheduleD/EquipmentGrp/BookValueAmt033596
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0178097
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0211693
IRS990ScheduleD/LandGrp/BookValueAmt088516
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt088516
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0367812
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt072710
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0440522
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010052
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0266152
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0276204
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0950923
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/DirectExpenseSummaryEventsAmt0471207
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0STADIUM CAMPAIGN
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ACTIVITIES FUND
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0312772
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0230688
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0255331
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0798791
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0312772
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0230688
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0255331
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0798791
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0327584
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0186654
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0471207
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010648
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0273905
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
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, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01860282
IRS990/TotalAssetsEOYAmt02513710
IRS990/TotalAssetsGrp/BOYAmt01860282
IRS990/TotalAssetsGrp/EOYAmt02513710
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01320
IRS990/TotalEmployeeCnt070

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$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
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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