Civic Intelligence

William D Mattingly Education Center Inc

990 • Fiscal year 2020 • EIN 61-1114534

Jul 01, 2019 to Jun 30, 2020 • Filed on Aug 31, 2020

11501 Schlatter RoadLouisville, KY 40291

(502) 239-3345

Siviq Scores

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

Liabilities / Assets

36th percentile

0.03x

Higher debt load relative to assets than 36% of similar nonprofits.

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

Liabilities / Revenue

62nd percentile

0.22x

Higher debt load relative to revenue than 62% of similar nonprofits.

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

Net Margin

25th percentile

-7.8%

Higher net margin than 25% of similar nonprofits.

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

Top Officer Pay

40th percentile

$14,400

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

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

Asset Growth

35th percentile

0.9%

Faster asset growth than 35% of similar nonprofits.

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

Revenue Growth

42nd percentile

-3.3%

Faster revenue growth than 42% of similar nonprofits.

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

Assets

Up

$3,129,473

Up $26,627 (+0.9%) from 2019

Net Assets

Down

$3,023,958

Down $36,897 (-1.2%) from 2019

Liabilities

Up

$105,515

Up $63,524 (+151%) from 2019

Revenue

Down

$471,241

Down $15,888 (-3.3%) from 2019

Expenses

Up

$508,138

Up $20,609 (+4.2%) from 2019

Net Income

Down

-$36,897

Down $36,497 (-9124%) from 2019

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $3,191,439Liabilities 2015: $84,735Net Assets 2015: $3,106,7042015Assets 2016: $3,170,610Liabilities 2016: $54,643Net Assets 2016: $3,115,9672016Assets 2017: $3,133,375Liabilities 2017: $54,969Net Assets 2017: $3,078,4062017Assets 2018: $3,108,616Liabilities 2018: $47,361Net Assets 2018: $3,061,2552018Assets 2019: $3,102,846Liabilities 2019: $41,991Net Assets 2019: $3,060,8552019Assets 2020: $3,129,473Liabilities 2020: $105,515Net Assets 2020: $3,023,9582020Assets 2021: $3,090,332Liabilities 2021: $68,100Net Assets 2021: $3,022,2322021Assets 2022: $3,000,204Liabilities 2022: $8,072Net Assets 2022: $2,992,1322022Assets 2023: $2,880,861Liabilities 2023: $0Net Assets 2023: $2,880,8612023Assets 2024: $2,977,850Liabilities 2024: $0Net Assets 2024: $2,977,8502024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2020

Assets$3,129,473
Liabilities$105,515
Net Assets$3,023,958

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2015: $200,423Expenses 2015: $221,859Net Income 2015: -$21,4362015Revenue 2016: $474,039Expenses 2016: $464,776Net Income 2016: $9,2632016Revenue 2017: $444,086Expenses 2017: $481,647Net Income 2017: -$37,5612017Revenue 2018: $460,492Expenses 2018: $477,643Net Income 2018: -$17,1512018Revenue 2019: $487,129Expenses 2019: $487,529Net Income 2019: -$4002019Revenue 2020: $471,241Expenses 2020: $508,138Net Income 2020: -$36,8972020Revenue 2021: $523,327Expenses 2021: $525,053Net Income 2021: -$1,7262021Revenue 2022: $550,145Expenses 2022: $580,245Net Income 2022: -$30,1002022Revenue 2023: $162,957Expenses 2023: $274,228Net Income 2023: -$111,2712023Revenue 2024: $148,076Expenses 2024: $51,087Net Income 2024: $96,9892024Revenue 2025: $2,038,597Expenses 2025: $5,016,447Net Income 2025: -$2,977,8502025

Highlighted filing

2020

Revenue$471,241
Expenses$508,138
Net Income-$36,897
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Aug 31, 2020
Return Version
2019v5.1
Gross Receipts
$471,241
Mission and Program Overview

Mission

The organization is established exclusively for the charitable purpose of establishing a christian school for under privileged children and for providing support to 501(c)(3) organizations whose exempt purpose is to prevent cruelty to animals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,060,855$3,023,958▼ $36,897
Land, Buildings, and Equipment, Net$2,940,343$2,892,285▼ $48,058
Cash and Non-Interest-Bearing Accounts$162,503$237,188▲ $74,685
Loans From Officers Directors$37,826$33,714▼ $4,112
Total Assets$3,102,846$3,129,473▲ $26,627
Liabilities
Unsecured Notes Loans Payable-$64,600-
Accounts Payable and Accrued Expenses$4,165$7,201▲ $3,036
Total Liabilities$41,991$105,515▲ $63,524
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,060,855$3,023,958▼ $36,897
Total Liabilities and Net Assets / Fund Balance$3,102,846$3,129,473▲ $26,627

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,027,955$840,961$1,868,916
Land$1,859,268-$1,859,268
Equipment$5,062$223,917$228,979
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jp K FugateVice-presidentFT$14,400$14,400

Board Members and Trustees

NameTitle
Shawn S FugatePresient
Shawn S FugateSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$436,197
Investment Income
$44
Other Revenue
$35,000
Change in Net Assets
$-36,897
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$320,638
Other Expenses$172,500
Grants and Similar Amounts Paid$15,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$281,994--$281,994
Occupancy$51,882--$51,882
Depreciation Depletion$48,058--$48,058
Payroll Taxes$24,244--$24,244
Grants to Domestic Orgs$15,000--$15,000
Current Officers, Directors, Trustees, and Key Employees$14,400--$14,400
Insurance$13,528--$13,528
Other Expenses$10,566--$10,566
Office Expenses$7,736--$7,736
Fees for Services Accounting$2,925--$2,925
Fees for Services Legal$2,372--$2,372
Interest$1,073--$1,073
Conferences and Meetings$987--$987
All Other Expenses$166--$166
Total Functional Expenses$508,138$0$0$508,138
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Pineville Independent SchoolsPineville, KY501c3Playground Fund$15,000
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jp FugateVice-presidentdirectorPayment on Loan Owed by OrganizationNo$5,186

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$37,826$33,714▼ $4,112
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

The organizations president, shawn fugate, is the nephew of the organizations vice-president, jp fugate, and the father of the organizations secretary, shawn fugate ii.the organizations vice-president, jp fugate, is the uncle of the organizations president, shawn fugate, and is the great-uncle of the organizations secretary, shawn fuage ii.the organizations secretary, shawn fugate ii, is the son of the organizations president, shawn fugate, and is the great-nephew of the organizations vice-president, jp fugate.

Form 990 governing body review Part VI line 11

After the organizations annual form 990 is completed by the organizations tax preparer, a board meeting is held requiring all officers of the organization to be in attendance. At the meeting, a copy of the form 990 is passed out to all officers and a review of the form 990 is completed at the board meeting. After review, all board members vote to file the form 990 as prepared. If approved for filing, the form 990 is then filed with the irs. If changes are requested by any officer, the form 990 is sent back to the tax preparer and the changes are made if needed. After the changes are made, the board meets again to review the changes and have a vote to file the revised form 990.

Governing documents etc available to public Part VI line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public during the tax year by maintaining copies of these documents at the vice-presidents office at the school located in louisville, ky. Anyone requesting these documents is referred to the vice-president and he forwards any documents requested to the requesting entity. Such a request for documents is never denied. The organization also files a copy of its annual form 990 and required schedules with the kentucky attorney generals office where a copy of the organizations annual form 990 is kept for public viewing.

Filing and Contact Details

Filer

Filer Name
William D Mattingly Education Center Inc
EIN
61-1114534
Address
11501 SCHLATTER ROAD, LOUISVILLE, KY 40291

Signing Officer

Name
Jp Fugate
Title
Officer
Phone
5022393345
Signed
2020-08-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shawn S Fugate
Formed
1986
Legal Domicile
Ky
Voting Board Members
3
Independent Board Members
2
Employees
19

Preparer

Firm
Cook & Cheek Cpas
Address
302 FALLS STREET, London, KY 40741
Preparer
Michael Cheek
Phone
6068772654
Supplemental Narrative

Additional Explanations

General explanation attachment

Schedule e, part i, line 3:the organization advertises on its brochures and periodically over local radio and local newspaper. In each advertisement the organization discloses its nondiscriminatory policy by stating that the organization does not discriminate against any employee, applicant, student, or any other participant on the basis of sex, race, ethnicity, or national origin.

Raw XML Appendix360 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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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt05186
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PAYMENT ON LOAN OWED BY ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt033714
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0125000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JP FUGATE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0VICE-PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt033714
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS PRESIDENT, SHAWN FUGATE, IS THE NEPHEW OF THE ORGANIZATIONS VICE-PRESIDENT, JP FUGATE, AND THE FATHER OF THE ORGANIZATIONS SECRETARY, SHAWN FUGATE II.THE ORGANIZATIONS VICE-PRESIDENT, JP FUGATE, IS THE UNCLE OF THE ORGANIZATIONS PRESIDENT, SHAWN FUGATE, AND IS THE GREAT-UNCLE OF THE ORGANIZATIONS SECRETARY, SHAWN FUAGE II.THE ORGANIZATIONS SECRETARY, SHAWN FUGATE II, IS THE SON OF THE ORGANIZATIONS PRESIDENT, SHAWN FUGATE, AND IS THE GREAT-NEPHEW OF THE ORGANIZATIONS VICE-PRESIDENT, JP FUGATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AFTER THE ORGANIZATIONS ANNUAL FORM 990 IS COMPLETED BY THE ORGANIZATIONS TAX PREPARER, A BOARD MEETING IS HELD REQUIRING ALL OFFICERS OF THE ORGANIZATION TO BE IN ATTENDANCE. AT THE MEETING, A COPY OF THE FORM 990 IS PASSED OUT TO ALL OFFICERS AND A REVIEW OF THE FORM 990 IS COMPLETED AT THE BOARD MEETING. AFTER REVIEW, ALL BOARD MEMBERS VOTE TO FILE THE FORM 990 AS PREPARED. IF APPROVED FOR FILING, THE FORM 990 IS THEN FILED WITH THE IRS. IF CHANGES ARE REQUESTED BY ANY OFFICER, THE FORM 990 IS SENT BACK TO THE TAX PREPARER AND THE CHANGES ARE MADE IF NEEDED. AFTER THE CHANGES ARE MADE, THE BOARD MEETS AGAIN TO REVIEW THE CHANGES AND HAVE A VOTE TO FILE THE REVISED FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC DURING THE TAX YEAR BY MAINTAINING COPIES OF THESE DOCUMENTS AT THE VICE-PRESIDENTS OFFICE AT THE SCHOOL LOCATED IN LOUISVILLE, KY. ANYONE REQUESTING THESE DOCUMENTS IS REFERRED TO THE VICE-PRESIDENT AND HE FORWARDS ANY DOCUMENTS REQUESTED TO THE REQUESTING ENTITY. SUCH A REQUEST FOR DOCUMENTS IS NEVER DENIED. THE ORGANIZATION ALSO FILES A COPY OF ITS ANNUAL FORM 990 AND REQUIRED SCHEDULES WITH THE KENTUCKY ATTORNEY GENERALS OFFICE WHERE A COPY OF THE ORGANIZATIONS ANNUAL FORM 990 IS KEPT FOR PUBLIC VIEWING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SCHEDULE E, PART I, LINE 3:THE ORGANIZATION ADVERTISES ON ITS BROCHURES AND PERIODICALLY OVER LOCAL RADIO AND LOCAL NEWSPAPER. IN EACH ADVERTISEMENT THE ORGANIZATION DISCLOSES ITS NONDISCRIMINATORY POLICY BY STATING THAT THE ORGANIZATION DOES NOT DISCRIMINATE AGAINST ANY EMPLOYEE, APPLICANT, STUDENT, OR ANY OTHER PARTICIPANT ON THE BASIS OF SEX, RACE, ETHNICITY, OR NATIONAL ORIGIN.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3General explanation attachment
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt03129473
IRS990/TotalAssetsGrp/BOYAmt03102846
IRS990/TotalAssetsGrp/EOYAmt03129473
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0508138
IRS990/TotalFunctionalExpensesGrp/TotalAmt0508138
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt041991
IRS990/TotalLiabilitiesEOYAmt0105515
IRS990/TotalLiabilitiesGrp/BOYAmt041991
IRS990/TotalLiabilitiesGrp/EOYAmt0105515
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03060855
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03023958
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0508138
IRS990/TotalProgramServiceRevenueAmt0436197
IRS990/TotalReportableCompFromOrgAmt014400
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0471241
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0471241
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03102846
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03129473
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt064600
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JP FUGATE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05022393345
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WILLIAM D MATTINGLY EDUCATION CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0WILL
ReturnHeader/Filer/EIN0611114534
ReturnHeader/Filer/USAddress/AddressLine1Txt011501 SCHLATTER ROAD
ReturnHeader/Filer/USAddress/CityNm0LOUISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040291
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EB6F3DC886450B78455B8EF8D674E6F0ED527F7A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0EB6F3DC886450B78455B8EF8D674E6F0ED527F7A
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId0615267202025442ymecx
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-09-10
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0139.55.98.142
ReturnHeader/FilingSecurityInformation/IPDt02020-09-10
ReturnHeader/FilingSecurityInformation/IPTm009:44:56
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203869958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COOK & CHEEK CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0302 FALLS STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0London
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040741
ReturnHeader/PreparerPersonGrp/PhoneNum06068772654
ReturnHeader/PreparerPersonGrp/PreparationDt02020-09-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael Cheek
ReturnHeader/ReturnTs02020-09-10T09:43:17-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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