Civic Intelligence

Manning Educational Association

990 • Fiscal year 2017 • EIN 57-0545276

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 08, 2017

P O Box 278Manning, SC 29102

(803) 435-2114

Siviq Scores

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

Liabilities / Assets

75th percentile

0.39x

Higher debt load relative to assets than 75% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

67th percentile

0.24x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

55th percentile

4.6%

Higher net margin than 55% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

66th percentile

9.2%

Faster asset growth than 66% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

60th percentile

8.9%

Faster revenue growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,914,061

Up $244,808 (+9.2%) from 2016

Net Assets

Up

$1,790,589

Up $211,866 (+13%) from 2016

Liabilities

Up

$1,123,472

Up $32,942 (+3.0%) from 2016

Revenue

Up

$4,632,500

Up $377,411 (+8.9%) from 2016

Expenses

Up

$4,420,634

Up $622,770 (+16%) from 2016

Net Income

Down

$211,866

Down $245,359 (-54%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $1,871,917Liabilities 2012: $1,224,052Net Assets 2012: $647,8652012Assets 2013: $1,932,176Liabilities 2013: $1,203,315Net Assets 2013: $728,8612013Assets 2014: $2,008,042Liabilities 2014: $1,132,179Net Assets 2014: $875,8632014Assets 2015: $2,292,753Liabilities 2015: $1,171,255Net Assets 2015: $1,121,4982015Assets 2016: $2,669,253Liabilities 2016: $1,090,530Net Assets 2016: $1,578,7232016Assets 2017: $2,914,061Liabilities 2017: $1,123,472Net Assets 2017: $1,790,5892017Assets 2018: $2,935,052Liabilities 2018: $1,020,653Net Assets 2018: $1,914,3992018Assets 2019: $3,042,817Liabilities 2019: $993,343Net Assets 2019: $2,049,4742019Assets 2020: $3,338,229Liabilities 2020: $1,388,366Net Assets 2020: $1,949,8632020Assets 2021: $3,008,868Liabilities 2021: $1,326,834Net Assets 2021: $1,682,0342021Assets 2022: $2,830,843Liabilities 2022: $1,029,053Net Assets 2022: $1,801,7902022Assets 2023: $3,107,057Liabilities 2023: $1,069,767Net Assets 2023: $2,037,2902023Assets 2024: $4,386,396Liabilities 2024: $342,573Net Assets 2024: $4,043,8232024Assets 2025: $4,335,146Liabilities 2025: $326,095Net Assets 2025: $4,009,0512025

Highlighted filing

2017

Assets$2,914,061
Liabilities$1,123,472
Net Assets$1,790,589

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2012: $3,544,871Expenses 2012: $3,241,816Net Income 2012: $303,0552012Revenue 2013: $3,412,796Expenses 2013: $3,287,450Net Income 2013: $125,3462013Revenue 2014: $3,501,303Expenses 2014: $3,380,070Net Income 2014: $121,2332014Revenue 2015: $3,876,732Expenses 2015: $3,631,101Net Income 2015: $245,6312015Revenue 2016: $4,255,089Expenses 2016: $3,797,864Net Income 2016: $457,2252016Revenue 2017: $4,632,500Expenses 2017: $4,420,634Net Income 2017: $211,8662017Revenue 2018: $4,504,581Expenses 2018: $4,445,782Net Income 2018: $58,7992018Revenue 2019: $4,483,133Expenses 2019: $4,348,157Net Income 2019: $134,9762019Revenue 2020: $4,205,276Expenses 2020: $4,304,791Net Income 2020: -$99,5152020Revenue 2021: $4,519,412Expenses 2021: $5,003,546Net Income 2021: -$484,1342021Revenue 2022: $5,355,218Expenses 2022: $5,242,462Net Income 2022: $112,7562022Revenue 2023: $5,794,084Expenses 2023: $5,558,584Net Income 2023: $235,5002023Revenue 2024: $7,530,210Expenses 2024: $5,811,181Net Income 2024: $1,719,0292024Revenue 2025: $5,243,513Expenses 2025: $5,621,629Net Income 2025: -$378,1162025

Highlighted filing

2017

Revenue$4,632,500
Expenses$4,420,634
Net Income$211,866
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 8, 2017
Return Version
2016v3.0
Gross Receipts
$4,632,500
Mission and Program Overview

Mission

Nonprofit educational service provided to students grades k-4 through senior high school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,519,083$1,730,949▲ $211,866
Land, Buildings, and Equipment, Net$1,306,651$1,497,557▲ $190,906
Accounts Receivable$428,039$599,344▲ $171,305
Savings and Temporary Cash Investments$581,385$485,565▼ $95,820
Cash and Non-Interest-Bearing Accounts$353,178$331,595▼ $21,583
Cap Stk Tr Prin Current Funds$45,675$45,675→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$13,965$13,965→ $0
Total Assets$2,669,253$2,914,061▲ $244,808
Liabilities
Mortgage Notes Payable Secured by Investment Property$885,919$834,883▼ $51,036
Deferred Revenue$181,055$265,896▲ $84,841
Accounts Payable and Accrued Expenses$23,556$22,693▼ $863
Total Liabilities$1,090,530$1,123,472▲ $32,942
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,578,723$1,790,589▲ $211,866
Total Liabilities and Net Assets / Fund Balance$2,669,253$2,914,061▲ $244,808

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,497,557$1,242,855$270,597
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Spencer JordanHeadmasterFT$96,574$96,574

Board Members and Trustees

NameTitle
Bubba FlowersBoard Member
Cag BrunsonBoard Member
Darrell TurnerBoard Member
David EppersonBoard Member
Joe WilsonBoard Member
Kevin RossBoard Member
Mac EaddyBoard Member
Steven GambleBoard Member
Tony TruettBoard Member
Gary LeeChariman of Board
Brad NewmanBorad Member
Revenue and Support

Revenue Composition

Contributions and Grants
$43,897
Program Service Revenue
$4,587,732
Investment Income
$871
Other Revenue
$0
All Other Contributions
$43,897
Change in Net Assets
$211,866
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,464,632
Other Expenses$1,956,002
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,173,147--$2,173,147
Occupancy$1,030,687--$1,030,687
Payroll Taxes$164,136$7,031-$171,167
Current Officers, Directors, Trustees, and Key Employees-$96,574-$96,574
Insurance$80,035--$80,035
Depreciation Depletion$79,691--$79,691
Other Expenses$77,361--$77,361
Information Technology$68,267--$68,267
Interest$44,099--$44,099
Other Employee Benefits$20,847$2,897-$23,744
Advertising$15,388--$15,388
Fees for Services Accounting$4,800--$4,800
Office Expenses$1,483--$1,483
Total Functional Expenses$4,314,132$106,502$0$4,420,634
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
No
Annual disclosure for covered persons
Yes
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
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 governing body review Part VI line 11

A copy of the return is given to the headmaster to present to board members to reveiw and approve before the headmaster signs and mails the return to the irs.

Conflict of interest policy compliance Part VI line 12C

A copy of conflict of interest policy is on filed in the office.

CEO executive director top management comp Part VI line 15A

The compensation of the headmaster of laurence manning academy is reviewed and approved by the board of directors.

Other officer or key employee compensation Part VI line 15B

The compensation of other officers or key employees of laurence manning academy is reviewed and approved by the board of directors.

Governing documents etc available to public Part VI line 19

Governing documents are available to the public upon a written request being mailed to the headmaster of manning education association, c/o laurence manning academy, p. O. Box 278, manning, sc 29102.

Filing and Contact Details

Filer

Filer Name
Manning Educational Association
EIN
57-0545276
Address
P O BOX 278, MANNING, SC 29102
Doing Business As
Laurence Manning Academy

Signing Officer

Name
Spencer Jordan
Title
Headmaster
Phone
8034352114
Signed
2017-11-08
Discuss with paid preparer
No

Organization Details

Principal Officer
Gary Lee
Formed
1968
Legal Domicile
Sc
Voting Board Members
12
Independent Board Members
12
Employees
99

Preparer

Firm
Midland Financial Services LLC
Address
618A Bultman Drive, Sumter, SC 29150
Preparer
Matthew A Overstreet
Phone
8037757341
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IRS990/OtherExpensesGrp/ProgramServicesAmt1128713
IRS990/OtherExpensesGrp/ProgramServicesAmt228868
IRS990/OtherExpensesGrp/ProgramServicesAmt377361
IRS990/OtherExpensesGrp/TotalAmt0396610
IRS990/OtherExpensesGrp/TotalAmt1128713
IRS990/OtherExpensesGrp/TotalAmt228868
IRS990/OtherExpensesGrp/TotalAmt377361
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02173147
IRS990/OtherSalariesAndWagesGrp/TotalAmt02173147
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07031
IRS990/PayrollTaxesGrp/ProgramServicesAmt0164136
IRS990/PayrollTaxesGrp/TotalAmt0171167
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt013965
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt013965
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0GARY LEE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL REVENUES
IRS990/ProgramServiceRevenueGrp/Desc1SPORTS & BOOSTERS
IRS990/ProgramServiceRevenueGrp/Desc2CANTEEN
IRS990/ProgramServiceRevenueGrp/Desc3BUSTRANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03812945
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1203280
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2446839
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3124668
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03812945
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1203280
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2446839
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3124668
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt067579
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0819
IRS990/PYOtherExpensesAmt01655773
IRS990/PYOtherRevenueAmt072840
IRS990/PYProgramServiceRevenueAmt04113851
IRS990/PYRevenuesLessExpensesAmt0457225
IRS990/PYSalariesCompEmpBnftPaidAmt02142091
IRS990/PYTotalExpensesAmt03797864
IRS990/PYTotalRevenueAmt04255089
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0211866
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04588603
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01519083
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01730949
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0581385
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0485565
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01497557
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01242855
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt02469815
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0270597
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01497557
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
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE RETURN IS GIVEN TO THE HEADMASTER TO PRESENT TO BOARD MEMBERS TO REVEIW AND APPROVE BEFORE THE HEADMASTER SIGNS AND MAILS THE RETURN TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF CONFLICT OF INTEREST POLICY IS ON FILED IN THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION OF THE HEADMASTER OF LAURENCE MANNING ACADEMY IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES OF LAURENCE MANNING ACADEMY IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON A WRITTEN REQUEST BEING MAILED TO THE HEADMASTER OF MANNING EDUCATION ASSOCIATION, C/O LAURENCE MANNING ACADEMY, P. O. BOX 278, MANNING, SC 29102.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02669253
IRS990/TotalAssetsEOYAmt02914061
IRS990/TotalAssetsGrp/BOYAmt02669253
IRS990/TotalAssetsGrp/EOYAmt02914061
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt043897
IRS990/TotalEmployeeCnt099
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0106502
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04314132
IRS990/TotalFunctionalExpensesGrp/TotalAmt04420634
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01090530
IRS990/TotalLiabilitiesEOYAmt01123472
IRS990/TotalLiabilitiesGrp/BOYAmt01090530
IRS990/TotalLiabilitiesGrp/EOYAmt01123472
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01578723
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01790589
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04314132
IRS990/TotalProgramServiceRevenueAmt04587732
IRS990/TotalReportableCompFromOrgAmt096574
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04588603
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04632500
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02669253
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02914061
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01438 OAK GROVE ROAD
IRS990/USAddress/CityNm0MANNING
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029102
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0SPENCER JORDAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEADMASTER

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.34$0.33$4.01$5.24$5.62$0.38
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.39$0.34$4.04$7.53$5.81$1.72
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.11$1.07$2.04$5.79$5.56$0.24
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.83$1.03$1.80$5.36$5.24$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.01$1.33$1.68$4.52$5.00$0.48
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.34$1.39$1.95$4.21$4.30$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.04$0.99$2.05$4.48$4.35$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.94$1.02$1.91$4.50$4.45$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.91$1.12$1.79$4.63$4.42$0.21
2016Detailed filing. Detailed filing data is available for this year.$2.67$1.09$1.58$4.26$3.80$0.46
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$1.17$1.12$3.88$3.63$0.25
2014Detailed filing. Detailed filing data is available for this year.$2.01$1.13$0.88$3.50$3.38$0.12
2013Summary only. Only limited summary data is available for this year.$1.93$1.20$0.73$3.41$3.29$0.13
2012Summary only. Only limited summary data is available for this year.$1.87$1.22$0.65$3.54$3.24$0.30