Civic Intelligence

Runnels School Inc.

990EZ • Fiscal year 2023 • EIN 72-0693547

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 06, 2023

Organization ProfileWWW.RUNNELS.ORG
PO Box 87360Baton Rouge, LA 70879-8360

(504) 606-1248

Siviq Scores

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

Liabilities / Assets

95th percentile

1.14x

Higher debt load relative to assets than 95% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

100th percentile

119%

Higher net margin than 100% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

3rd percentile

-94%

Faster asset growth than 3% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$43,996

Down $637,269 (-94%) from 2022

Net Assets

Down

-$6,004

Down $654,369 (-101%) from 2022

Liabilities

Up

$50,000

Up $17,100 (+52%) from 2022

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Down

-$551,972

Down $1,950,810 (-139%) from 2022

Expenses

Down

$102,397

Down $142,316 (-58%) from 2022

Net Income

Down

-$654,369

Down $1,808,494 (-157%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$10M$5.0M$0-$5.0MAssets 2011: $5,223,656Liabilities 2011: $4,166,816Net Assets 2011: $1,056,8402011Assets 2012: $4,928,223Liabilities 2012: $3,893,167Net Assets 2012: $1,035,0562012Assets 2013: $7,766,571Liabilities 2013: $6,563,267Net Assets 2013: $1,203,3092013Assets 2014: $7,622,815Liabilities 2014: $6,365,716Net Assets 2014: $1,257,0992014Assets 2015: $7,743,267Liabilities 2015: $6,381,590Net Assets 2015: $1,361,6772015Assets 2016: $7,768,674Liabilities 2016: $6,283,946Net Assets 2016: $1,484,7282016Assets 2017: $7,887,376Liabilities 2017: $8,625,277Net Assets 2017: -$737,9012017Assets 2018: $7,525,730Liabilities 2018: $7,160,793Net Assets 2018: $364,9372018Assets 2019: $7,573,141Liabilities 2019: $6,495,366Net Assets 2019: $1,077,7752019Assets 2020: $2,227,489Liabilities 2020: $2,214,844Net Assets 2020: $12,6452020Assets 2021: $1,133,920Liabilities 2021: $1,639,680Net Assets 2021: -$505,7602021Assets 2022: $681,265Liabilities 2022: $32,900Net Assets 2022: $648,3652022Assets 2023: $43,996Liabilities 2023: $50,000Net Assets 2023: -$6,0042023Assets 2024: $178,569Liabilities 2024: $0Net Assets 2024: $178,5692024Assets 2025: $142,554Liabilities 2025: $0Net Assets 2025: $142,5542025

Highlighted filing

2023

Assets$43,996
Liabilities$50,000
Net Assets-$6,004
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10M$5.0M$0-$5.0MRevenue 2011: $4,918,855Expenses 2011: $4,925,305Net Income 2011: -$6,4502011Revenue 2012: $5,135,831Expenses 2012: $5,158,392Net Income 2012: -$22,5612012Revenue 2013: $5,192,894Expenses 2013: $5,066,782Net Income 2013: $126,1122013Revenue 2014: $5,515,837Expenses 2014: $5,462,042Net Income 2014: $53,7952014Revenue 2015: $5,339,214Expenses 2015: $5,234,636Net Income 2015: $104,5782015Revenue 2016: $5,614,605Expenses 2016: $5,491,554Net Income 2016: $123,0512016Revenue 2017: $7,386,647Expenses 2017: $9,609,276Net Income 2017: -$2,222,6292017Revenue 2018: $6,824,813Expenses 2018: $5,721,975Net Income 2018: $1,102,8382018Revenue 2019: $7,463,368Expenses 2019: $6,750,530Net Income 2019: $712,8382019Revenue 2020: $4,634,264Expenses 2020: $5,167,117Net Income 2020: -$532,8532020Revenue 2021: $318,465Expenses 2021: $836,870Net Income 2021: -$518,4052021Revenue 2022: $1,398,838Expenses 2022: $244,713Net Income 2022: $1,154,1252022Revenue 2023: -$551,972Expenses 2023: $102,397Net Income 2023: -$654,3692023Revenue 2024: $239,774Expenses 2024: $55,200Net Income 2024: $184,5742024Revenue 2025: $411Expenses 2025: $36,426Net Income 2025: -$36,0152025

Highlighted filing

2023

Revenue-$551,972
Expenses$102,397
Net Income-$654,369
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 6, 2023
Return Version
2022v5.0
Gross Receipts
$75,094
Mission and Program Overview

Mission

Education - preschool through high school

The runnels schools, inc. Suspended normal operations in may 2020 and is in the process of reorganization.

Program Services

DescriptionGrantsExpenses
THE RUNNELS SCHOOLS, INC. EDUCATED STUDENTS IN PRESCHOOL THROUGH HIGH SCHOOL PREVIOUSLY BUT IS CURRENTLY IN THE PROCESS OF REORGANIZATION.$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR LK RUNNELSPresident-$0--
GLADYS H RUNNELFirst Vice President-$0--
Filing and Contact Details

Filer

Filer Name
The Runnels Schools Inc
EIN
72-0693547
Phone
5046061248
Address
PO BOX 87360, BATON ROUGE, LA 70879-8360

Signing Officer

Name
Dr L K Runnels
Title
Board President
Phone
5046061248
Signed
2023-10-06
Discuss with paid preparer
Yes

Preparer

Firm
Faulk & Winkler LLC
Address
6811 JEFFERSON HIGHWAY, BATON ROUGE, LA 70806
Preparer
Jeremy Klibert
Phone
2259276811
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 94.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: storage. Amount: 2,176. Description: bank service fees. Amount: 25. Description: information technology. Amount: 1,145. Description: insurance. Amount: 1,948. Total to form 990-ez, line 16: 5,294.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable. Beg. Of year amount: 32,900. End of year amount: 0. Description: short term note payable. Beg. Of year amount: 0. End of year amount: 50,000.”

Raw XML Appendix146 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LYNN K RUNNELS
IRS990EZ/BooksInCareOfDetail/PhoneNum02258923541
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt09511 CREEKVIEW DRIVE APT IL225
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BATON ROUGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd070836
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt054199
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt043996
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt0627066
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-654369
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt059985
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0681265
IRS990EZ/Form990TotalAssetsGrp/EOYAmt043996
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-552066
IRS990EZ/GrossReceiptsAmt075094
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt094
IRS990EZ/LandAndBuildingsGrp/BOYAmt0627066
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0648365
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-6004
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0648365
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-6004
IRS990EZ/OccupancyRentUtltsAndMaintAmt037118
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DR LK RUNNELS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GLADYS H RUNNEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1FIRST VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt05294
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE RUNNELS SCHOOLS, INC. SUSPENDED NORMAL OPERATIONS IN MAY 2020 AND IS IN THE PROCESS OF REORGANIZATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE RUNNELS SCHOOLS, INC. EDUCATED STUDENTS IN PRESCHOOL THROUGH HIGH SCHOOL PREVIOUSLY BUT IS CURRENTLY IN THE PROCESS OF REORGANIZATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt075000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd01
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0LA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt032900
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt050000
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0102397
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0-551972
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.RUNNELS.ORG
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind00
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd00
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd00
IRS990ScheduleE/MaintainRacialCompRecsInd00
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd00
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd00
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PART 1 OF THIS SCHEDULE IS NOT APPLICABLE AT THIS TIME BECAUSE THE RUNNELS SCHOOLS, INC. SUSPENDED NORMAL OPERATIONS IN MAY 2020 AND IS IN THE PROCESS OF REORGANIZATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E ADDITIONAL INFORMATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 94.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: STORAGE. AMOUNT: 2,176. DESCRIPTION: BANK SERVICE FEES. AMOUNT: 25. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 1,145. DESCRIPTION: INSURANCE. AMOUNT: 1,948. TOTAL TO FORM 990-EZ, LINE 16: 5,294.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 32,900. END OF YEAR AMOUNT: 0. DESCRIPTION: SHORT TERM NOTE PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 50,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR L K RUNNELS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05046061248
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE RUNNELS SCHOOLS INC
ReturnHeader/Filer/BusinessNameControlTxt0RUNN
ReturnHeader/Filer/EIN0720693547
ReturnHeader/Filer/PhoneNum05046061248
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 87360
ReturnHeader/Filer/USAddress/CityNm0BATON ROUGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd0708798360
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0720999988
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FAULK & WINKLER LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06811 JEFFERSON HIGHWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BATON ROUGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070806
ReturnHeader/PreparerPersonGrp/PhoneNum02259276811
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEREMY KLIBERT
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-10-26T09:48:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DR
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0K RUNNELS
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,996
Liabilities
$50,000
Net assets
-$6,004
Revenue
-$551,972
Expenses
$102,397
Net income
-$654,369
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.00$0.04$0.04
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.00$0.18$0.24$0.06$0.18
2023Detailed filing. Detailed filing data is available for this year.$0.04$0.05$0.01$0.55$0.10$0.65
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.03$0.65$1.40$0.24$1.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$1.64$0.51$0.32$0.84$0.52
2020Summary only. Only limited summary data is available for this year.$2.23$2.21$0.01$4.63$5.17$0.53
2019Summary only. Only limited summary data is available for this year.$7.57$6.50$1.08$7.46$6.75$0.71
2018Summary only. Only limited summary data is available for this year.$7.53$7.16$0.36$6.82$5.72$1.10
2017Summary only. Only limited summary data is available for this year.$7.89$8.63$0.74$7.39$9.61$2.22
2016Summary only. Only limited summary data is available for this year.$7.77$6.28$1.48$5.61$5.49$0.12
2015Summary only. Only limited summary data is available for this year.$7.74$6.38$1.36$5.34$5.23$0.10
2014Summary only. Only limited summary data is available for this year.$7.62$6.37$1.26$5.52$5.46$0.05
2013Summary only. Only limited summary data is available for this year.$7.77$6.56$1.20$5.19$5.07$0.13
2012Summary only. Only limited summary data is available for this year.$4.93$3.89$1.04$5.14$5.16$0.02
2011Summary only. Only limited summary data is available for this year.$5.22$4.17$1.06$4.92$4.93$0.01