Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Unknown Organization
EIN 80-0551373 • 501(c)3
Profile
Operation of an instructional school facility
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
3.27x
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
52nd percentile
Higher net margin than 52% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
44th percentile
Faster asset growth than 44% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Balance Sheet
Assets
Down$24,070
Down $1,667 (-6.5%) from 2012
Liabilities
Down$78,702
Down $3,851 (-4.7%) from 2012
Net Assets
Up-$54,632
Up $2,184 (+3.8%) from 2012
Revenue
Down$85,771
Down $11,434 (-12%) from 2012
Expenses
Down$83,587
Down $33,017 (-28%) from 2012
Net Income
Up$2,184
Up $21,583 (+111%) from 2012
Trend Graphs
Filings
Most recent year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $24,070
- Liabilities
- $78,702
- Net assets
- -$54,632
- Revenue
- $85,771
- Expenses
- $83,587
- Net income
- $2,184
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Nov 10, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $86,723
Mission and Program Overview
Mission
Operation of an instructional school facility
Program Services
| Description | Grants | Expenses |
|---|---|---|
| OPERATION OF AN INSTRUCTIONAL SCHOOL FACILITY, PROGRAMS AND ACTIVITIES IN AN INTEFRATED, PROJECT-BASED LEARNING EVIRONMEN. PROGRAMS ARE ESTABLISHED FOR STUDENTS WHOSE LEARNING STYLES DIFFER FROM TRADITIONAL LEARNING METHODS | - | $13,523 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| - | Sec/Treas | FT | $0 | - | - |
| - | President | PT | $0 | - | - |
| MICHELLE HOKE | Director/Parent Advocate | - | $0 | - | - |
| - | Director/Community Liaison | - | $0 | - | - |
Filing and Contact Details
Filer
- EIN
- 80-0551373
- Phone
- 7244937065
Signing Officer
- Name
- Susan Mcdonald
- Title
- Secretary/treasurer
- Phone
- 7244937065
- Signed
- 2014-11-10
Preparer
- Preparer
- Michael T Blissman
- Phone
- 7248365990
Supplemental Narrative
Additional Explanations
Form 990EZ, Part I, Line 16
“Business registration fees 200. Equipment rental and maintenance 404. Bank service charges 352. Program expenses 13523. Membership and dues 90. Advertising 7012. Interest expense 1756. Other costs 524. Conference, convention, meeting 238. Parking & tolls 138. Fuel 1196. Meal & entertainment 10. Depreciation 3979. Amortization 130. Contributions 210.”
Form 990EZ, Part II, Line 26
“Payroll liabilities 4633. 409. Standard bank-loc 19925. 19989. Loan payable-standard bank 15638. 11861. Loans from officers 42357. 46443.”
Raw XML Appendix163 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SUSAN MCDONALD |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7244205316 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 2027 TIMBERCREST DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | GREENSBURG |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | PA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 15601 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 3658 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6100 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 75240 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 2184 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2129 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 25737 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 24070 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 688 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 86723 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 22079 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 17970 |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 46443 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | true |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -56816 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -54632 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -56816 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -54632 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 27088 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1 | 0 | SUSAN MCDONALD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1 | 1 | KAREN PHILLIPS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1 | 2 | LISA TIDWELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MICHELLE HOKE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | SEC/TREAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR/PARENT ADVOCATE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR/COMMUNITY LIAISON |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 29762 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | OPERATION OF AN INSTRUCTIONAL SCHOOL FACILITY |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 70 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 10795 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | OPERATION OF AN INSTRUCTIONAL SCHOOL FACILITY, PROGRAMS AND ACTIVITIES IN AN INTEFRATED, PROJECT-BASED LEARNING EVIRONMEN. PROGRAMS ARE ESTABLISHED FOR STUDENTS WHOSE LEARNING STYLES DIFFER FROM TRADITIONAL LEARNING METHODS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 13523 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 24538 |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 952 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | -264 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | PA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 82553 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 78702 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 83587 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 13523 |
| IRS990EZ/TotalRevenueAmt | 0 | 85771 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | KARATLEARNING.ORG |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | PUBLISHED IN A NEWSPAPER OF GENERAL CIRCULATION |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Line 3 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 46443 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | WORKING CAPITAL |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 43443 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | SUSAN MCDONALD |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | HEAD OF SCHOOL |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | false |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 46443 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | BUSINESS REGISTRATION FEES 200. EQUIPMENT RENTAL AND MAINTENANCE 404. BANK SERVICE CHARGES 352. PROGRAM EXPENSES 13523. MEMBERSHIP AND DUES 90. ADVERTISING 7012. INTEREST EXPENSE 1756. OTHER COSTS 524. CONFERENCE, CONVENTION, MEETING 238. PARKING & TOLLS 138. FUEL 1196. MEAL & ENTERTAINMENT 10. DEPRECIATION 3979. AMORTIZATION 130. CONTRIBUTIONS 210. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PAYROLL LIABILITIES 4633. 409. STANDARD BANK-LOC 19925. 19989. LOAN PAYABLE-STANDARD BANK 15638. 11861. LOANS FROM OFFICERS 42357. 46443. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990EZ, Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SUSAN MCDONALD |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY/TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7244937065 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-11-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | KARAT SCHOOL OF LEARNING |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KARA |
| ReturnHeader/Filer/EIN | 0 | 800551373 |
| ReturnHeader/Filer/PhoneNum | 0 | 7244937065 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 2027 TIMBERCREST DRIVE |
| ReturnHeader/Filer/USAddress/City | 0 | GREENSBURG |
| ReturnHeader/Filer/USAddress/State | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 15601 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | MICHAEL T BLISSMAN CPA & CO LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 5542 PLEASANT UNITY ROAD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | LATROBE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 15650 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7248365990 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL T BLISSMAN |
| ReturnHeader/ReturnTs | 0 | 2014-11-09T12:03:31-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
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