Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Karat School of Learning
990EZ • Fiscal year 2012 • EIN 80-0551373
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
3.21x
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
16th percentile
Higher net margin than 16% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
54th percentile
Faster asset growth than 54% of similar nonprofits.
Revenue Growth
84th percentile
Faster revenue growth than 84% of similar nonprofits.
Balance Sheet
Assets
Up$25,737
Up $867 (+3.5%) from 2011
Net Assets
-$56,816
No earlier filing loaded for comparison.
Liabilities
Up$82,553
Up $20,708 (+33%) from 2011
Revenue And Expenses
Revenue
Up$97,205
Up $29,930 (+44%) from 2011
Expenses
Up$116,604
Up $19,605 (+20%) from 2011
Net Income
Up-$19,399
Up $10,325 (+35%) from 2011
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2012 to Dec 31, 2012
- Signed
- Nov 7, 2013
- Return Version
- 2012v2.0
Mission and Program Overview
Mission
Operation of an instructional school facility
Filing and Contact Details
Filer
- EIN
- 80-0551373
Raw XML Appendix162 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/ActivitiesNotPreviouslyRpt | 0 | false |
| IRS990EZ/CashSavingsAndInvestments/BOY | 0 | 1516 |
| IRS990EZ/CashSavingsAndInvestments/EOY | 0 | 3658 |
| IRS990EZ/ContributionsGiftsGrantsEtc | 0 | 75430 |
| IRS990EZ/CostOfGoodsSold | 0 | 0 |
| IRS990EZ/CostOtherBasisAndSalesExpenses | 0 | 0 |
| IRS990EZ/DidOrgFileForm1120POLThisYear | 0 | false |
| IRS990EZ/DoesOrgHaveHospital | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTrans | 0 | false |
| IRS990EZ/EngageInLobbyingActivities | 0 | false |
| IRS990EZ/EngagePoliticalCmpgnActivities | 0 | false |
| IRS990EZ/ExcessOrDeficitForYear | 0 | -19399 |
| IRS990EZ/FeesAndOthPymtToIndContractors | 0 | 4939 |
| IRS990EZ/ForeignFinancialAccount | 0 | false |
| IRS990EZ/ForeignOffice | 0 | false |
| IRS990EZ/FundraisingGrossIncome | 0 | 5225 |
| IRS990EZ/GainOrLossFromSaleOfAssets | 0 | 0 |
| IRS990EZ/GamingGrossIncome | 0 | 0 |
| IRS990EZ/GroProfitLossSalesOfInventory | 0 | 0 |
| IRS990EZ/GrossReceipts | 0 | 98552 |
| IRS990EZ/InfoInScheduleOPartI | 0 | X |
| IRS990EZ/InfoInScheduleOPartII | 0 | X |
| IRS990EZ/InvestmentIncome | 0 | 1 |
| IRS990EZ/LandAndBuildings/BOY | 0 | 23354 |
| IRS990EZ/LandAndBuildings/EOY | 0 | 22079 |
| IRS990EZ/LoansToFromOfficers | 0 | 42357 |
| IRS990EZ/MadeChangesToOrgnzngEtcDoc | 0 | false |
| IRS990EZ/MadeLoansToFromOfficers | 0 | true |
| IRS990EZ/MaintainAnyDonorAdvisedFunds | 0 | false |
| IRS990EZ/MembershipDues | 0 | 0 |
| IRS990EZ/MethodOfAccountingCash | 0 | X |
| IRS990EZ/NetAssetsOrFundBalances/BOY | 0 | -37417 |
| IRS990EZ/NetAssetsOrFundBalancesBOY | 0 | -37417 |
| IRS990EZ/NetAssetsOrFundBalances/EOY | 0 | -56816 |
| IRS990EZ/NetAssetsOrFundBalancesEOY | 0 | -56816 |
| IRS990EZ/OccupancyRentUtilitiesAndMaint | 0 | 10137 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/BusinessName/BusinessNameLine1 | 0 | SUSAN MCDONALD |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/BusinessName/BusinessNameLine1 | 1 | KAREN PHILLIPS |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/BusinessName/BusinessNameLine1 | 2 | LISA TIDWELL |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 0 | TIM MCHENRY |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 0 | SEC/TREAS |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 2 | DIRECTOR/PARENT ADVOCATE |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 3 | DIRECTOR/COMMUNITY LIAISON |
| IRS990EZ/OperatingSchool | 0 | true |
| IRS990EZ/Organization501c3 | 0 | X |
| IRS990EZ/OrganizationDissolvedEtc | 0 | false |
| IRS990EZ/OrganizationHadUBI | 0 | false |
| IRS990EZ/OtherExpensesTotal | 0 | 42493 |
| IRS990EZ/PartVIAHghstPaidCntrctProfSer | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHighestPaidEmpl | 0 | NONE |
| IRS990EZ/PrimaryExemptPurpose | 0 | OPERATION OF AN INSTRUCTIONAL SCHOOL FACILITY |
| IRS990EZ/PrintingPublicationsPostage | 0 | 767 |
| IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom | 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/ProgramServiceAccomplishment/ProgramServiceExpenses | 0 | 26728 |
| IRS990EZ/ProgramServiceRevenue | 0 | 17896 |
| IRS990EZ/ProhibitedTaxShelterTrans | 0 | false |
| IRS990EZ/RelatedOrgControlledEntity | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBenefits | 0 | 58268 |
| IRS990EZ/SpecialEventsDirectExpenses | 0 | 1347 |
| IRS990EZ/SpecialEventsNetIncomeLoss | 0 | 3878 |
| IRS990EZ/StatesWhereCopyOfReturnIsFiled | 0 | PA |
| IRS990EZ/SubjectToProxyTax | 0 | false |
| IRS990EZ/SumOfTotalLiabilities/BOY | 0 | 62287 |
| IRS990EZ/SumOfTotalLiabilities/EOY | 0 | 82553 |
| IRS990EZ/TanningServicesProvided | 0 | false |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 2027 TIMBERCREST DRIVE |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/City | 0 | GREENSBURG |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/State | 0 | PA |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 15601 |
| IRS990EZ/TheBooksAreInCareOf/NamePerson | 0 | SUSAN MCDONALD |
| IRS990EZ/TheBooksAreInCareOf/TelephoneNumber | 0 | 7244205316 |
| IRS990EZ/TotalAssets/BOY | 0 | 24870 |
| IRS990EZ/TotalAssets/EOY | 0 | 25737 |
| IRS990EZ/TotalExpenses | 0 | 116604 |
| IRS990EZ/TotalProgramServiceExpenses | 0 | 26728 |
| IRS990EZ/TotalRevenue | 0 | 97205 |
| IRS990EZ/TransactionWithControlEntity | 0 | false |
| IRS990EZ/TrnsfrsExemptNonCharRelatedOrg | 0 | false |
| IRS990EZ/WebSite | 0 | KARATLEARNING.ORG |
| IRS990ScheduleA/GrossInvestmentIncome170/Total | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomePercentage | 0 | 0 |
| IRS990ScheduleA/PublicSupportPercentage509 | 0 | 0 |
| IRS990ScheduleA/PublicSupportPertcentage170 | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal170 | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal509 | 0 | 0 |
| IRS990ScheduleA/School170b1Aii | 0 | X |
| IRS990ScheduleB/ContributorInfo/AggregateContributions | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNumber | 0 | RESTRICTED |
| IRS990ScheduleE/ComplianceWithRevProc7550 | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPolicies | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthleticProg | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPolicies | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmnFaculty | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActy | 0 | false |
| IRS990ScheduleE/DiscriminateRaceScholarships | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStudentsRights | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFclts | 0 | false |
| IRS990ScheduleE/Form990ScheduleEPartII/Explanation | 0 | PUBLISHED IN A NEWSPAPER OF GENERAL CIRCULATION |
| IRS990ScheduleE/Form990ScheduleEPartII/Identifier | 0 | Line 3 |
| IRS990ScheduleE/GovernmentFinancialAidReceived | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRevoked | 0 | false |
| IRS990ScheduleE/MaintCopiesOfAllSolicitations | 0 | true |
| IRS990ScheduleE/MaintCopiesOfBrochuresEtc | 0 | true |
| IRS990ScheduleE/MaintRacialCompositionRecords | 0 | true |
| IRS990ScheduleE/MaintScholarshipsRecords | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmt | 0 | true |
| IRS990ScheduleE/PolicyPublViaBroadcastMedia | 0 | true |
| IRS990ScheduleE/PolicyStatementInBrochuresEtc | 0 | true |
| IRS990ScheduleL/LoanTable/ApprovedByBoard | 0 | true |
| IRS990ScheduleL/LoanTable/BalanceDue | 0 | 42357 |
| IRS990ScheduleL/LoanTable/Default | 0 | false |
| IRS990ScheduleL/LoanTable/LoanFromOrganization | 0 | X |
| IRS990ScheduleL/LoanTable/NamePerson | 0 | SUSAN MCDONALD |
| IRS990ScheduleL/LoanTable/OriginalPrincipalAmount | 0 | 17938 |
| IRS990ScheduleL/LoanTable/PurposeOfLoan | 0 | WORKING CAPITAL |
| IRS990ScheduleL/LoanTable/RelationshipWithOrganization | 0 | HEAD OF SCHOOL |
| IRS990ScheduleL/LoanTable/WrittenAgreement | 0 | false |
| IRS990ScheduleL/TotalBalanceDue | 0 | 42357 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | BUSINESS REGISTRATION FEES 65. EQUIPMENT RENTAL AND MAINTENANCE 1153. BANK SERVICE CHARGES 1350. PROGRAM EXPENSES 26728. MEMBERSHIP AND DUES 1252. ADVERTISING 3744. INTEREST EXPENSE 1957. OTHER COSTS 100. CONFERENCE, CONVENTION, MEETING 416. PARKING & TOLLS 60. FUEL 1681. MEAL & ENTERTAINMENT 192. DEPRECIATION 3665. AMORTIZATION 130. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | PAYROLL LIABILITIES 2110. 4633. STANDARD BANK-LOC 14750. 19925. N/P-GE 8332. LOAN PAYABLE-STANDARD BANK 19156. 15638. LOANS FROM OFFICERS 17939. 42357. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | Form 990EZ, Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2016-03-07 17:11:31Z |
| ReturnHeader/Filer/EIN | 0 | 800551373 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | KARAT SCHOOL OF LEARNING |
| ReturnHeader/Filer/NameControl | 0 | KARA |
| ReturnHeader/Filer/Phone | 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/Officer/DateSigned | 0 | 2013-11-07 |
| ReturnHeader/Officer/Name | 0 | SUSAN MCDONALD |
| ReturnHeader/Officer/Phone | 0 | 7244937065 |
| ReturnHeader/Officer/Title | 0 | SECREATARY/TREASURY |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | MICHAEL T BLISSMAN CPA & CO LLC |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 303 OLD ROUTE 30 |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | GREENSBURG |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | PA |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 156016993 |
| ReturnHeader/Preparer/Name | 0 | MICHAEL T BLISSMAN |
| ReturnHeader/Preparer/Phone | 0 | 7248365990 |
| ReturnHeader/ReturnType | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2012-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2012-12-31 |
| ReturnHeader/TaxYear | 0 | 2012 |
| ReturnHeader/Timestamp | 0 | 2013-11-07T06:22:33-08:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $25,737
- Liabilities
- $82,553
- Net assets
- -$56,816
- Revenue
- $97,205
- Expenses
- $116,604
- Net income
- -$19,399