Civic Intelligence

The Sei Academy

990 • Fiscal year 2016 • EIN 76-0822396

Jul 01, 2015 to Jun 30, 2016 • Filed on May 04, 2017

3920 N Kerby AvenuePortland, OR 97227-1255

(503) 249-1721

Siviq Scores

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

Liabilities / Assets

78th percentile

0.46x

Higher debt load relative to assets than 78% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.02x

Higher debt load relative to revenue than 26% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

43rd percentile

0.2%

Higher net margin than 43% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

93rd percentile

$266,102

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 22.4% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

8th percentile

-16%

Faster asset growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

39th percentile

-1.0%

Faster revenue growth than 39% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$58,018

Down $11,319 (-16%) from 2015

Net Assets

Up

$31,110

Up $2,761 (+9.7%) from 2015

Liabilities

Down

$26,908

Down $14,080 (-34%) from 2015

Revenue

Down

$1,187,371

Down $11,900 (-1.0%) from 2015

Expenses

Down

$1,184,610

Down $14,089 (-1.2%) from 2015

Net Income

Up

$2,761

Up $2,189 (+383%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $162,957Liabilities 2010: $1,491,588Net Assets 2010: -$1,328,6312010Assets 2011: $107,095Liabilities 2011: $1,850,713Net Assets 2011: -$1,743,6182011Assets 2012: $38,502Liabilities 2012: $2,380,899Net Assets 2012: -$2,342,3972012Assets 2013: $14,277Liabilities 2013: $2,741,066Net Assets 2013: -$2,726,7892013Assets 2014: $77,090Liabilities 2014: $49,313Net Assets 2014: $27,7772014Assets 2015: $69,337Liabilities 2015: $40,988Net Assets 2015: $28,3492015Assets 2016: $58,018Liabilities 2016: $26,908Net Assets 2016: $31,1102016Assets 2017: $44,663Liabilities 2017: $13,550Net Assets 2017: $31,1132017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2016

Assets$58,018
Liabilities$26,908
Net Assets$31,110

Operations Trend

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

$1.5M$1.0M$500K$0Expenses 2010: $1,137,3112010Expenses 2011: $1,158,1572011Expenses 2012: $1,162,9812012Expenses 2013: $1,079,5702013Revenue 2014: $1,108,377Expenses 2014: $1,057,713Net Income 2014: $50,6642014Revenue 2015: $1,199,271Expenses 2015: $1,198,699Net Income 2015: $5722015Revenue 2016: $1,187,371Expenses 2016: $1,184,610Net Income 2016: $2,7612016Revenue 2017: $881,737Expenses 2017: $881,734Net Income 2017: $32017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018

Highlighted filing

2016

Revenue$1,187,371
Expenses$1,184,610
Net Income$2,761
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 4, 2017
Return Version
2015v3.0
Gross Receipts
$1,187,371
Mission and Program Overview

Mission

Sei academy is a grades 6-8 public charter school dedicated to helping all students realize their full academic and personal potential. The academy is founded on the principles of integrity and respect and the self enhancement, inc. Tenet that every child will be successful.

The sei academy's mission is to support self enhancement, inc. By providing educational services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$43,108$15,412▼ $27,696
Cash and Non-Interest-Bearing Accounts$11,447$15,327▲ $3,880
Prepaid Expenses and Deferred Charges$10,096$14,511▲ $4,415
Land, Buildings, and Equipment, Net$4,686$4,048▼ $638
Total Assets$69,337$58,018▼ $11,319
Other Assets Total$0$8,720▲ $8,720
Liabilities
Accounts Payable and Accrued Expenses$19,609$25,276▲ $5,667
Other Liabilities$21,379$0▼ $21,379
Deferred Revenue-$1,632-
Total Liabilities$40,988$26,908▼ $14,080
Net Assets / Fund Balance
Unrestricted Net Assets$28,197$31,110▲ $2,913
Temporarily Rstr Net Assets$152$0▼ $152
Total Net Assets Fund Balance$28,349$31,110▲ $2,761
Total Liabilities and Net Assets / Fund Balance$69,337$58,018▼ $11,319

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$326$49,893$50,219
Buildings$3,722$1,378$5,100
Other Assets Org$8,720--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tony L Hopson SrPresident
A W WilliamsDirector
Deborah CochraneDirector
Nathan JonesDirector
Rachell HallDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,187,371
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$2,761
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$812,212
Other Expenses$372,398
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$604,993--$604,993
Pension Plan Contributions$81,206--$81,206
Payroll Taxes$63,210--$63,210
Other Employee Benefits$62,803--$62,803
Fees for Services Other$62,310--$62,310
Insurance$15,828--$15,828
Office Expenses$15,438--$15,438
Other Expenses$2,007--$2,007
All Other Expenses$1,163--$1,163
Depreciation Depletion$637--$637
Travel$115--$115
Total Functional Expenses$1,184,610$0$0$1,184,610
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
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Self enhancement inc. Has the right to participate in the organization's governance.

Form 990, Part VI, Section A, Line 7A

Self enhancement inc. Has the right to elect one or more members of the governing board.

Form 990, Part VI, Section A, Line 7B

The election or removal of trustees is subject to approval by self enhancement inc.

Form 990, Part VI, Section B, Line 11

Copies of the return will be distributed via e-mail to all officers & directors for review prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

Review of potential conflicts for board of directors is done by officers. Review of potential conflicts for staff is done by human resources director.

Form 990, Part VI, Section B, Line 15B

The board reviews all compensation agreements and salary increases.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
The Sei Academy
EIN
76-0822396
Phone
5032491721
Address
3920 N KERBY AVENUE, PORTLAND, OR 97227-1255

Signing Officer

Name
Tony L Hopson Sr
Title
President
Phone
5032491721
Signed
2017-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tony L Hopson Sr
Formed
2005
Legal Domicile
Or
Voting Board Members
6
Independent Board Members
6
Employees
39
Volunteers
20

Preparer

Firm
Mcdonald Jacobs Pc
Address
520 SW YAMHILL ST STE 500, PORTLAND, OR 97204
Preparer
Sang Ahn
Phone
5032270581
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year

Financial Statement Notes

PART X, LINE 2:

The organization follows the provisions of fasb asc topic accounting for uncertainty in income taxes. Management has evaluated the organization's tax positions and concluded that there are no uncertain tax positions that require adjustment to the financial statements to comply with provisions of this topic.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0245245
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt06433
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt014424
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TONY L HOPSON SR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0266102
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0ATHLETIC CLUB MEMBERSHIP FOR PRESIDENT TREATED AS TAXABLE INCOME.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 1A
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SELF ENHANCEMENT INC. HAS THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SELF ENHANCEMENT INC. HAS THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ELECTION OR REMOVAL OF TRUSTEES IS SUBJECT TO APPROVAL BY SELF ENHANCEMENT INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES OF THE RETURN WILL BE DISTRIBUTED VIA E-MAIL TO ALL OFFICERS & DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REVIEW OF POTENTIAL CONFLICTS FOR BOARD OF DIRECTORS IS DONE BY OFFICERS. REVIEW OF POTENTIAL CONFLICTS FOR STAFF IS DONE BY HUMAN RESOURCES DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD REVIEWS ALL COMPENSATION AGREEMENTS AND SALARY INCREASES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd21
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0SELF ENHANCEMENT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1SELF ENHANCEMENT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SELF ENHANCEMENT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1SELF ENHANCEMENT FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2SELF ENHANCEMENT INC NATIONAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0931086629
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1931312090
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2900524343
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0YOUTH DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORT SELF ENHANCEMENT, INC. THROUGH MANAGEMENT OF ENDOWMENT FUNDS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2SUPPORT SELF ENHANCEMENT, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 11A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03920 N KERBY AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt13920 N KERBY AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt23920 N KERBY AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PORTLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1PORTLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2PORTLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd097227
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd197227
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd297227
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0445222
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SELF ENHANCEMENT INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0152
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt069337
IRS990/TotalAssetsEOYAmt058018
IRS990/TotalAssetsGrp/BOYAmt069337
IRS990/TotalAssetsGrp/EOYAmt058018
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01187371
IRS990/TotalEmployeeCnt039
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01184610
IRS990/TotalFunctionalExpensesGrp/TotalAmt01184610
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt040988
IRS990/TotalLiabilitiesEOYAmt026908
IRS990/TotalLiabilitiesGrp/BOYAmt040988
IRS990/TotalLiabilitiesGrp/EOYAmt026908

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