Civic Intelligence

The Enrichment Institute DBA Ashley Academy

990 • Fiscal year 2020 • EIN 58-1524611

Jun 01, 2019 to May 31, 2020 • Filed on Apr 15, 2021

2615 S Roan StreetJohnson CIty, TN 37601

(423) 929-7888

Siviq Scores

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

Liabilities / Assets

50th percentile

0.10x

Higher debt load relative to assets than 50% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

32nd percentile

0.04x

Higher debt load relative to revenue than 32% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

42nd percentile

1.8%

Higher net margin than 42% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

52nd percentile

$65,390

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

40th percentile

2.3%

Faster asset growth than 40% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

87th percentile

52%

Faster revenue growth than 87% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$548,941

Up $12,116 (+2.3%) from 2019

Net Assets

Up

$493,770

Up $21,611 (+4.6%) from 2019

Liabilities

Down

$55,171

Down $9,495 (-15%) from 2019

Revenue

Up

$1,231,563

Up $421,470 (+52%) from 2019

Expenses

Up

$1,209,952

Up $324,852 (+37%) from 2019

Net Income

Up

$21,611

Up $96,618 (+129%) from 2019

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 2011: $588,963Liabilities 2011: $180,052Net Assets 2011: $408,9112011Assets 2012: $697,556Liabilities 2012: $199,003Net Assets 2012: $498,5532012Assets 2013: $1,084,800Liabilities 2013: $15,959Net Assets 2013: $1,068,8412013Assets 2014: $717,413Liabilities 2014: $131,542Net Assets 2014: $585,8712014Assets 2015: $676,701Liabilities 2015: $113,468Net Assets 2015: $563,2332015Assets 2016: $659,538Liabilities 2016: $82,426Net Assets 2016: $577,1122016Assets 2017: $622,855Liabilities 2017: $83,229Net Assets 2017: $539,6262017Assets 2018: $610,832Liabilities 2018: $63,666Net Assets 2018: $547,1662018Assets 2019: $536,825Liabilities 2019: $64,666Net Assets 2019: $472,1592019Assets 2020: $548,941Liabilities 2020: $55,171Net Assets 2020: $493,7702020Assets 2021: $561,869Liabilities 2021: $67,879Net Assets 2021: $493,9902021Assets 2022: $546,182Liabilities 2022: $46,765Net Assets 2022: $499,4172022Assets 2023: $2,807,122Liabilities 2023: $2,302,599Net Assets 2023: $504,5232023

Highlighted filing

2020

Assets$548,941
Liabilities$55,171
Net Assets$493,770

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $692,846Expenses 2011: $758,927Net Income 2011: -$66,0812011Expenses 2012: $748,1652012Expenses 2013: $779,3302013Revenue 2014: $478,724Expenses 2014: $631,607Net Income 2014: -$152,8832014Revenue 2015: $711,075Expenses 2015: $733,713Net Income 2015: -$22,6382015Revenue 2016: $843,966Expenses 2016: $830,087Net Income 2016: $13,8792016Revenue 2017: $740,622Expenses 2017: $778,108Net Income 2017: -$37,4862017Revenue 2018: $881,414Expenses 2018: $873,874Net Income 2018: $7,5402018Revenue 2019: $810,093Expenses 2019: $885,100Net Income 2019: -$75,0072019Revenue 2020: $1,231,563Expenses 2020: $1,209,952Net Income 2020: $21,6112020Revenue 2021: $1,614,677Expenses 2021: $1,584,457Net Income 2021: $30,2202021Revenue 2022: $1,294,238Expenses 2022: $1,288,811Net Income 2022: $5,4272022Revenue 2023: $2,048,155Expenses 2023: $1,965,760Net Income 2023: $82,3952023

Highlighted filing

2020

Revenue$1,231,563
Expenses$1,209,952
Net Income$21,611
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Apr 15, 2021
Return Version
2019v5.0
Gross Receipts
$1,231,563
Mission and Program Overview

Mission

To provide children with unique and challenging learning opportunities in a nurturing, safe, and culturally diverse school environment. In order to achieve this mission, our school community emphasizes respect, responsibility, integrity, and the love of learning.

To provide children with unique and challenging learning opportunities in a nurturing, safe, and culturally diverse school environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$203,466$275,853▲ $72,387
Land, Buildings, and Equipment, Net$232,485$216,199▼ $16,286
Cash and Non-Interest-Bearing Accounts$94,640$55,236▼ $39,404
Accounts Receivable$6,234$1,653▼ $4,581
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$536,825$548,941▲ $12,116
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$48,216$46,234▼ $1,982
Accounts Payable and Accrued Expenses$16,234$7,625▼ $8,609
Other Liabilities$216$1,312▲ $1,096
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$64,666$55,171▼ $9,495
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$472,159$493,770▲ $21,611
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$472,159$493,770▲ $21,611
Total Liabilities and Net Assets / Fund Balance$536,825$548,941▲ $12,116

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$75,793$412,568$488,361
Other Land Buildings$29,188$246,975$276,163
Land$111,218-$111,218
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ramona HarrHeadmasterFT$65,390$65,390

Board Members and Trustees

NameTitle
Thomas C JonesBoard Chair
Debra BrooksBoard Secretary, Academic Chair
Matt McBeeBoard Vice Chair, Board Treasurer, Finance Chair
Anita NateshBoard Member
Bettina CohanBoard Member
Bridget JeterBoard Member
Keith McCoyBoard Member
Patricia OldhamBoard Member
Ryan HurstBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$64,845
Program Service Revenue
$1,049,481
Investment Income
$2,083
Other Revenue
$115,154
All Other Contributions
$64,845
Change in Net Assets
$21,611
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$797,669
Other Expenses$345,933
Grants and Similar Amounts Paid$66,350
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$578,171$94,121$0$672,292
Occupancy$192,277$7,460$0$199,737
Grants to Domestic Individuals$66,350--$66,350
Current Officers, Directors, Trustees, and Key Employees$56,235$9,155$0$65,390
Payroll Taxes$51,589$8,398-$59,987
Office Expenses$52,240$0$0$52,240
Other Expenses$21,996$0$0$21,996
Advertising$20,554$0$0$20,554
Information Technology$18,086$0$0$18,086
Depreciation Depletion$16,286$0$0$16,286
Insurance$0$8,572$0$8,572
Fees for Services Legal$0$1,500$0$1,500
Total Functional Expenses$1,080,746$129,206$0$1,209,952
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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

A complete copy of the organization's final Form 990, including all required schedules as ultimately filed with the Internal Revenue Service, was provided to each voting member of the governing body at the time the form was provided.

Form 990, Part VI, Section B, Line 15

The compensation for the Headmaster is determined by the Academic Committee with final vote and approval by the Board of Directors

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
The Enrichment Institute
EIN
58-1524611
Phone
4239297888
Address
2615 S Roan Street, Johnson CIty, TN 37601
Doing Business As
Ashley Academy

Signing Officer

Name
Thomas Jones
Title
Board Chair
Phone
4239297888
Signed
2021-04-15

Organization Details

Principal Officer
Thomas C Jones
Formed
1983
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
55
Volunteers
0
Raw XML AppendixShowing 400 of 601 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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IRS990/InsuranceGrp/TotalAmt08572
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02083
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02083
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0659543
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0232485
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0216199
IRS990/LandBldgEquipCostOrOtherBssAmt0875742
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0To provide children with unique and challenging learning opportunities in a nurturing, safe, and culturally diverse school environment. In order to achieve this mission, our school community emphasizes respect, responsibility, integrity, and the love of learning.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0472159
IRS990/NetAssetsOrFundBalancesEOYAmt0493770
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0472159
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0493770
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt07460
IRS990/OccupancyGrp/ProgramServicesAmt0192277
IRS990/OccupancyGrp/TotalAmt0199737
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt052240
IRS990/OfficeExpensesGrp/TotalAmt052240
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Food Service
IRS990/OtherExpensesGrp/Desc1Summer and Extended Care Supplies
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt06962
IRS990/OtherExpensesGrp/ProgramServicesAmt121996
IRS990/OtherExpensesGrp/TotalAmt06962
IRS990/OtherExpensesGrp/TotalAmt121996
IRS990/OtherLiabilitiesGrp/BOYAmt0216
IRS990/OtherLiabilitiesGrp/EOYAmt01312
IRS990/OtherRevenueMiscGrp/BusinessCd0611110
IRS990/OtherRevenueMiscGrp/BusinessCd1611110
IRS990/OtherRevenueMiscGrp/BusinessCd2611110
IRS990/OtherRevenueMiscGrp/Desc0Food Services
IRS990/OtherRevenueMiscGrp/Desc1Summer Camp
IRS990/OtherRevenueMiscGrp/Desc2Extended Care
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/ExclusionAmt20
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt017809
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt166654
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt230691
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017809
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt166654
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt230691
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
IRS990/OtherRevenueTotalAmt0115154
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt094121
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0578171
IRS990/OtherSalariesAndWagesGrp/TotalAmt0672292
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08398
IRS990/PayrollTaxesGrp/ProgramServicesAmt051589
IRS990/PayrollTaxesGrp/TotalAmt059987
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.81$2.30$0.50$2.05$1.97$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.05$0.50$1.29$1.29$0.01
2021Summary only. Only limited summary data is available for this year.$0.56$0.07$0.49$1.61$1.58$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.55$0.06$0.49$1.23$1.21$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.06$0.47$0.81$0.89$0.08
2018Summary only. Only limited summary data is available for this year.$0.61$0.06$0.55$0.88$0.87$0.01
2017Summary only. Only limited summary data is available for this year.$0.62$0.08$0.54$0.74$0.78$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.08$0.58$0.84$0.83$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.68$0.11$0.56$0.71$0.73$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.72$0.13$0.59$0.48$0.63$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.02$1.07$0.78
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.20$0.50$0.75
2011Summary only. Only limited summary data is available for this year.$0.59$0.18$0.41$0.69$0.76$0.07