Civic Intelligence

W Wyman King Academy

990 • Fiscal year 2018 • EIN 57-0545272

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 20, 2018

1046 Sardis RoadBatesburg, SC 29006

(803) 532-6682

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

24th percentile

-7.0%

Higher net margin than 24% of similar nonprofits.

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

Top Officer Pay

51st percentile

$65,159

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

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

Asset Growth

16th percentile

-8.4%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

49th percentile

3.5%

Faster revenue growth than 49% of similar nonprofits.

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

Assets

Down

$786,469

Down $72,191 (-8.4%) from 2017

Net Assets

Down

$786,469

Down $72,191 (-8.4%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$1,030,273

Up $34,677 (+3.5%) from 2017

Expenses

Up

$1,102,464

Up $37,691 (+3.5%) from 2017

Net Income

Down

-$72,191

Down $3,014 (-4.4%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $851,594Liabilities 2011: $0Net Assets 2011: $851,5942011Assets 2012: $869,482Liabilities 2012: $0Net Assets 2012: $869,4822012Assets 2013: $864,792Liabilities 2013: $0Net Assets 2013: $864,7922013Assets 2014: $901,830Liabilities 2014: $0Net Assets 2014: $901,8302014Assets 2015: $957,979Liabilities 2015: $0Net Assets 2015: $957,9792015Assets 2017: $858,660Liabilities 2017: $0Net Assets 2017: $858,6602017Assets 2018: $786,469Liabilities 2018: $0Net Assets 2018: $786,4692018Assets 2019: $771,087Liabilities 2019: $0Net Assets 2019: $771,0872019Assets 2020: $805,206Liabilities 2020: $141,800Net Assets 2020: $663,4062020Assets 2021: $889,402Liabilities 2021: $0Net Assets 2021: $889,4022021Assets 2022: $900,575Liabilities 2022: $0Net Assets 2022: $900,5752022Assets 2023: $1,012,992Liabilities 2023: $0Net Assets 2023: $1,012,9922023Assets 2024: $1,085,332Liabilities 2024: $0Net Assets 2024: $1,085,3322024Assets 2025: $1,245,600Liabilities 2025: $0Net Assets 2025: $1,245,6002025

Highlighted filing

2018

Assets$786,469
Liabilities$0
Net Assets$786,469

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $908,707Expenses 2011: $940,578Net Income 2011: -$31,8712011Expenses 2012: $935,5342012Revenue 2013: $961,588Expenses 2013: $966,278Net Income 2013: -$4,6902013Revenue 2014: $1,024,617Expenses 2014: $987,579Net Income 2014: $37,0382014Revenue 2015: $1,065,979Expenses 2015: $1,009,830Net Income 2015: $56,1492015Revenue 2017: $995,596Expenses 2017: $1,064,773Net Income 2017: -$69,1772017Revenue 2018: $1,030,273Expenses 2018: $1,102,464Net Income 2018: -$72,1912018Revenue 2019: $1,049,115Expenses 2019: $1,064,497Net Income 2019: -$15,3822019Revenue 2020: $982,327Expenses 2020: $1,090,008Net Income 2020: -$107,6812020Revenue 2021: $1,317,331Expenses 2021: $1,091,335Net Income 2021: $225,9962021Revenue 2022: $1,112,607Expenses 2022: $1,101,434Net Income 2022: $11,1732022Revenue 2023: $1,296,416Expenses 2023: $1,183,999Net Income 2023: $112,4172023Revenue 2024: $1,425,576Expenses 2024: $1,353,236Net Income 2024: $72,3402024Revenue 2025: $1,427,649Expenses 2025: $1,267,381Net Income 2025: $160,2682025

Highlighted filing

2018

Revenue$1,030,273
Expenses$1,102,464
Net Income-$72,191
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 20, 2018
Return Version
2017v2.2
Gross Receipts
$1,030,273
Mission and Program Overview

Mission

Non profit corporation developed to educate children in a christian environment

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$611,367$566,751▼ $44,616
Cash and Non-Interest-Bearing Accounts$159,928$140,310▼ $19,618
Savings and Temporary Cash Investments$87,365$79,408▼ $7,957
Total Assets$858,660$786,469▼ $72,191
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$858,660$786,469▼ $72,191
Total Net Assets Fund Balance$858,660$786,469▼ $72,191
Total Liabilities and Net Assets / Fund Balance$858,660$786,469▼ $72,191

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$519,551$752,672-
Equipment$47,200$341,225-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dennis J GibsonHead MasterFT$65,159$65,159

Board Members and Trustees

NameTitle
Tillman SaulsChairman
Barry McdonaldVice Chairman
Brian SmithSecretary
Troy R BuzhardtTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$73,955
Program Service Revenue
$956,276
Investment Income
$42
Other Revenue
$0
All Other Contributions
$73,955
Change in Net Assets
$-72,191
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$756,052
Other Expenses$346,412
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$550,197$137,549-$687,746
Depreciation Depletion-$60,818-$60,818
Payroll Taxes$45,778$11,444-$57,222
All Other Expenses$34,897$6,318-$41,215
Other Expenses$28,762$58,840-$28,762
Office Expenses$9,764$16,404-$26,168
Fees for Services Management$12,144$3,036-$15,180
Insurance$4,012$10,705-$14,717
Other Employee Benefits$8,867$2,217-$11,084
Fees for Services Accounting-$3,350-$3,350
Total Functional Expenses$716,046$386,418$0$1,102,464
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Organization provides a copy of form 990 to its 13 member board of directors together with a cpa compiled financial statements before filing the form 990 with the internal revenue service.

Other officer or key employee compensation Part VI line 15B

The compensation of all key employees is determined by the treasurer and a compensation committee and requires approval by unanimous consent. All recommendations are recorded in the minutes of the monthly meeting of the board of directors. All officers of the academy serve without compensation.

Governing documents etc available to public Part VI line 19

The annual accountant compiled financial statements, form 990, bylaws and governing documents are available to the general public at the school administration office, upon request, during normal school hours. The head master and the school secretary are the contact persons. There is not written conflict of interest policy.

Filing and Contact Details

Filer

Filer Name
W Wyman King Academy
EIN
57-0545272
Address
1046 SARDIS ROAD, BATESBURG, SC 29006

Signing Officer

Name
Troy R Buzhardt
Title
Treasurer
Phone
8035326682
Signed
2018-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tillman Sauls
Formed
1972
Legal Domicile
Sc
Voting Board Members
12
Independent Board Members
12
Employees
34

Preparer

Firm
Francis R Corley CPA
Address
336 BALLENTINE ESTATES ROAD, Irmo, SC 29063
Preparer
Francis R Corley
Phone
8037818321
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

ROUNDING

List of other fees for services expenses Part IX line 11G

The compensation of all key employees is determined by the treasurer and a compensation committee and requires approval by unanimous consent. All recommendations are recorded in the minutes of the monthly meeting of the board of directors.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION PROVIDES A COPY OF FORM 990 TO ITS 13 MEMBER BOARD OF DIRECTORS TOGETHER WITH A CPA COMPILED FINANCIAL STATEMENTS BEFORE FILING THE FORM 990 WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMPENSATION OF ALL KEY EMPLOYEES IS DETERMINED BY THE TREASURER AND A COMPENSATION COMMITTEE AND REQUIRES APPROVAL BY UNANIMOUS CONSENT. ALL RECOMMENDATIONS ARE RECORDED IN THE MINUTES OF THE MONTHLY MEETING OF THE BOARD OF DIRECTORS. ALL OFFICERS OF THE ACADEMY SERVE WITHOUT COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ANNUAL ACCOUNTANT COMPILED FINANCIAL STATEMENTS, FORM 990, BYLAWS AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC AT THE SCHOOL ADMINISTRATION OFFICE, UPON REQUEST, DURING NORMAL SCHOOL HOURS. THE HEAD MASTER AND THE SCHOOL SECRETARY ARE THE CONTACT PERSONS. THERE IS NOT WRITTEN CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION OF ALL KEY EMPLOYEES IS DETERMINED BY THE TREASURER AND A COMPENSATION COMMITTEE AND REQUIRES APPROVAL BY UNANIMOUS CONSENT. ALL RECOMMENDATIONS ARE RECORDED IN THE MINUTES OF THE MONTHLY MEETING OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other fees for services expenses Part IX line 11g
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0386418
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0716046
IRS990/TotalFunctionalExpensesGrp/TotalAmt01102464
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0858660
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0786469
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0716046
IRS990/TotalProgramServiceRevenueAmt0956276
IRS990/TotalReportableCompFromOrgAmt065159
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0956318
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01030273
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0858660
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0786469
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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0858660
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01987 JOHNSTON HIGHWAY
IRS990/USAddress/CityNm0JOHNSTON
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029832
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.KINGACADEMY.ORG
IRS990/WhistleblowerPolicyInd0false
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TROY R BUZHARDT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08035326682
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0W WYMAN KING ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0WWYM
ReturnHeader/Filer/EIN0570545272
ReturnHeader/Filer/USAddress/AddressLine1Txt01046 SARDIS ROAD
ReturnHeader/Filer/USAddress/CityNm0BATESBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0687F034D7E3CA83EF204EED6EA9E668DE6D8C69D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0687F034D7E3CA83EF204EED6EA9E668DE6D8C69D
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId05771452018307234xudx
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-11-03
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.168.210.81
ReturnHeader/FilingSecurityInformation/IPDt02018-11-03
ReturnHeader/FilingSecurityInformation/IPTm021:30:22
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0570609402
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRANCIS R CORLEY CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0336 BALLENTINE ESTATES ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Irmo
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029063
ReturnHeader/PreparerPersonGrp/PhoneNum08037818321
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANCIS R CORLEY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-03T12:30:07-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.00$1.25$1.43$1.27$0.16
2024Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$1.43$1.35$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$1.30$1.18$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$1.11$1.10$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$1.32$1.09$0.23
2020Detailed filing. Detailed filing data is available for this year.$0.81$0.14$0.66$0.98$1.09$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$1.05$1.06$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$1.03$1.10$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$1.00$1.06$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$1.07$1.01$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$1.02$0.99$0.04
2013Summary only. Only limited summary data is available for this year.$0.86$0.00$0.86$0.96$0.97$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.00$0.87$0.94
2011Summary only. Only limited summary data is available for this year.$0.85$0.00$0.85$0.91$0.94$0.03