Civic Intelligence

Discovery Therapies Inc.

990EZ • Fiscal year 2015 • EIN 80-0639232

Jun 01, 2014 to May 31, 2015 • Filed on Oct 09, 2015

8807 Two Notch Rd Suite IColumbia, SC 29223

(803) 419-0123

Siviq Scores

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

Liabilities / Assets

79th percentile

0.13x

Higher debt load relative to assets than 79% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

47th percentile

2.2%

Higher net margin than 47% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

83rd percentile

$20,762

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

73rd percentile

22%

Faster asset growth than 73% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

81st percentile

35%

Faster revenue growth than 81% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$19,317

Up $3,435 (+22%) from 2014

Net Assets

Up

$16,822

Up $3,576 (+27%) from 2014

Liabilities

Down

$2,495

Down $141 (-5.3%) from 2014

Revenue

Up

$162,896

Up $42,625 (+35%) from 2014

Expenses

Up

$159,320

Up $31,643 (+25%) from 2014

Net Income

Up

$3,576

Up $10,982 (+148%) from 2014

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $20,428Liabilities 2011: $3,1692011Assets 2012: $16,209Liabilities 2012: $4,818Net Assets 2012: $11,3912012Assets 2013: $24,497Liabilities 2013: $3,848Net Assets 2013: $20,6492013Assets 2014: $15,882Liabilities 2014: $2,636Net Assets 2014: $13,2462014Assets 2015: $19,317Liabilities 2015: $2,495Net Assets 2015: $16,8222015Assets 2016: $24,435Liabilities 2016: $7,312Net Assets 2016: $17,1232016Assets 2017: $18,769Liabilities 2017: $3,491Net Assets 2017: $15,2782017Assets 2018: $16,918Liabilities 2018: $3,792Net Assets 2018: $13,1262018Assets 2019: $11,727Liabilities 2019: $8,387Net Assets 2019: $3,3402019Assets 2020: $33,370Liabilities 2020: $22,570Net Assets 2020: $13,5512020Assets 2021: $43,405Liabilities 2021: $23,992Net Assets 2021: $19,4132021Assets 2022: $12,752Liabilities 2022: $1,451Net Assets 2022: $11,3012022Assets 2023: $10,651Liabilities 2023: $1,564Net Assets 2023: $9,0872023Assets 2024: $15,080Liabilities 2024: $1,196Net Assets 2024: $13,8842024Assets 2025: $4,282Liabilities 2025: $3,089Net Assets 2025: $1,1932025

Highlighted filing

2015

Assets$19,317
Liabilities$2,495
Net Assets$16,822

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $66,872Expenses 2011: $49,613Net Income 2011: $17,2592011Revenue 2012: $172,537Expenses 2012: $178,405Net Income 2012: -$5,8682012Revenue 2013: $196,390Expenses 2013: $187,132Net Income 2013: $9,2582013Revenue 2014: $120,271Expenses 2014: $127,677Net Income 2014: -$7,4062014Revenue 2015: $162,896Expenses 2015: $159,320Net Income 2015: $3,5762015Revenue 2016: $157,497Expenses 2016: $157,196Net Income 2016: $3012016Revenue 2017: $194,451Expenses 2017: $196,294Net Income 2017: -$1,8432017Revenue 2018: $180,575Expenses 2018: $183,122Net Income 2018: -$2,5472018Revenue 2019: $136,423Expenses 2019: $146,200Net Income 2019: -$9,7772019Revenue 2020: $161,990Expenses 2020: $151,779Net Income 2020: $10,2112020Revenue 2021: $197,641Expenses 2021: $191,075Net Income 2021: $6,5662021Revenue 2022: $205,742Expenses 2022: $215,588Net Income 2022: -$9,8462022Revenue 2023: $217,927Expenses 2023: $220,141Net Income 2023: -$2,2142023Revenue 2024: $211,865Expenses 2024: $207,283Net Income 2024: $4,5822024Revenue 2025: $193,827Expenses 2025: $205,799Net Income 2025: -$11,9722025

Highlighted filing

2015

Revenue$162,896
Expenses$159,320
Net Income$3,576
Jump To
Filing Snapshot
Filing Period
Jun 1, 2014 to May 31, 2015
Signed
Oct 9, 2015
Return Version
2014v5.0
Gross Receipts
$162,896
Mission and Program Overview

Mission

Provide interventions that will make successful education possible for the struggling student of any age and any educational environment in the state of south carolina

Program Services

DescriptionGrantsExpenses
35 STUDENTS WERE SERVED WITH A VARIETY OF EDUCATIONAL THERAPY-BASED INTERVENTIONS. ACADEMIC GAINS WERE MEASURED WITH THE WOODCOCK JOHNSON TESTS OF ACHIEVEMENT. 100% MADE SIGNIFICANT GAINS IN AT LEAST ONE SUBJECT AREA; 35% OF ALL SUBTESTS GIVEN SAW 7 OR MORE POINT GAINS; 7 GRADUATED - EACH INDICATING TREMENDOUS GROWTH IN MULTIPLE AREAS. EACH DEMONSTRATING SKILLS OF AN INDEPENDENT LEARNER; 2 GRADUATES RECEIVED UPDATED IQ TESTING. IQ TESTS ARE THE BEST MEASURE FOR DETERMINING HOW EASY OR DIFFICULT EDUCATION IS FOR AN INDIVIDUAL STUDENT. BOTH MADE SPECTACULAR GAINS BOTH ACADEMICALLY AND IN IQ. THE EXEC DIR DID MULTIPLE PRESENTATIONS; A REALTAIONSHIP WITH COVENANT CLASSICAL CHRISTIAN SCHOOL WAS FORMALIZED WITH DISCOVERY BECOMING THEIR SPECIAL EDUCATION DEPARTMENT. AWARENESS EVENTS WERE HELD IN THE COMMUNITY. A SURVEY WAS SENT OUT TO HOME SCHOOL LEADERS IN THE STATE LOOKING FOR INTEREST IN SPEARHEADING A KIND OF CLEARING HOUSE FOR THOSE HOME SCHOOLING STRUGGLING LEARNERS INTHE STATE.$5,109$123,647
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DONNA WESTONExec Dir/SecFT$20,762-$20,762
DR MONICA K WRIGHTChairperson-$2,700-$2,700
DR KEISHA MCCOY-WILSONVice Chairpe-$0--
MIKE WESTONBoard Member-$0--
DR LYNN WILSONBoard Member-$0--
MELISSE DIXONTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Discovery Therapiesinc
EIN
80-0639232
Phone
8034190123
Address
8807 TWO NOTCH RD SUITE I, COLUMBIA, SC 29223

Signing Officer

Name
Donna Weston
Title
Executive Director
Phone
8034190123
Signed
2015-10-09
Discuss with paid preparer
Yes

Preparer

Firm
Monica Rockwell CPA
Address
200 E CAMPERDONE WAY, ANDERSON, SC 29601
Preparer
Monica Rockwell
Phone
8642258713
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

5,109 0 0

Form 990-ez, Part I, Line 16

Educational non-investment depreciation 3,309 cost of goods sold 4,317 expenses advertising & marketing 2,948 supplies 1,587 business registration fees 1,000 business expenses - other 252 books, subscriptions and refe 147 software subscription 552 travel 2,216 travel & meetings - other 6 conferences & meetings 3,897 professional devel 170 insurance 1,103 other 425 equipment rental & mtnc 31 operations - other 140 other 12 total 22,112

Form 990-ez, Part II, Line 24

Equipment & furniture 21,583 22,539 less accumulated depreciation 9,985 13,294 total 11,598 9,245

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 2,636 2,495

Form 990-ez, Part III

Provide interventions that will make successful education possible for the struggling student of any age and any educational environment in the state of south carolina

Form 990-ez, Part III, Line 28

35 students were served with a variety of educational therapy-based interventions. Academic gains were measured with the woodcock johnson tests of achievement. 100% made significant gains in at least one subject area; 35% of all subtests given saw 7 or more point gains; 7 graduated - each indicating tremendous growth in multiple areas. Each demonstrating skills of an independent learner; 2 graduates received updated iq testing. Iq tests are the best measure for determining how easy or difficult education is for an individual student. Both made spectacular gains both academically and in iq. The exec dir did multiple presentations; a realtaionship with covenant classical christian school was formalized with discovery becoming their special education department. Awareness events were held in the community. A survey was sent out to home school leaders in the state looking for interest in spearheading a kind of clearing house for those home schooling struggling learners inthe state.

Raw XML Appendix166 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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt035 STUDENTS WERE SERVED WITH A VARIETY OF EDUCATIONAL THERAPY-BASED INTERVENTIONS. ACADEMIC GAINS WERE MEASURED WITH THE WOODCOCK JOHNSON TESTS OF ACHIEVEMENT. 100% MADE SIGNIFICANT GAINS IN AT LEAST ONE SUBJECT AREA; 35% OF ALL SUBTESTS GIVEN SAW 7 OR MORE POINT GAINS; 7 GRADUATED - EACH INDICATING TREMENDOUS GROWTH IN MULTIPLE AREAS. EACH DEMONSTRATING SKILLS OF AN INDEPENDENT LEARNER; 2 GRADUATES RECEIVED UPDATED IQ TESTING. IQ TESTS ARE THE BEST MEASURE FOR DETERMINING HOW EASY OR DIFFICULT EDUCATION IS FOR AN INDIVIDUAL STUDENT. BOTH MADE SPECTACULAR GAINS BOTH ACADEMICALLY AND IN IQ. THE EXEC DIR DID MULTIPLE PRESENTATIONS; A REALTAIONSHIP WITH COVENANT CLASSICAL CHRISTIAN SCHOOL WAS FORMALIZED WITH DISCOVERY BECOMING THEIR SPECIAL EDUCATION DEPARTMENT. AWARENESS EVENTS WERE HELD IN THE COMMUNITY. A SURVEY WAS SENT OUT TO HOME SCHOOL LEADERS IN THE STATE LOOKING FOR INTEREST IN SPEARHEADING A KIND OF CLEARING HOUSE FOR THOSE HOME SCHOOLING STRUGGLING LEARNERS INTHE STATE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt05,109 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EDUCATIONAL NON-INVESTMENT DEPRECIATION 3,309 COST OF GOODS SOLD 4,317 EXPENSES ADVERTISING & MARKETING 2,948 SUPPLIES 1,587 BUSINESS REGISTRATION FEES 1,000 BUSINESS EXPENSES - OTHER 252 BOOKS, SUBSCRIPTIONS AND REFE 147 SOFTWARE SUBSCRIPTION 552 TRAVEL 2,216 TRAVEL & MEETINGS - OTHER 6 CONFERENCES & MEETINGS 3,897 PROFESSIONAL DEVEL 170 INSURANCE 1,103 OTHER 425 EQUIPMENT RENTAL & MTNC 31 OPERATIONS - OTHER 140 OTHER 12 TOTAL 22,112
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EQUIPMENT & FURNITURE 21,583 22,539 LESS ACCUMULATED DEPRECIATION 9,985 13,294 TOTAL 11,598 9,245
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,636 2,495
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROVIDE INTERVENTIONS THAT WILL MAKE SUCCESSFUL EDUCATION POSSIBLE FOR THE STRUGGLING STUDENT OF ANY AGE AND ANY EDUCATIONAL ENVIRONMENT IN THE STATE OF SOUTH CAROLINA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt535 STUDENTS WERE SERVED WITH A VARIETY OF EDUCATIONAL THERAPY-BASED INTERVENTIONS. ACADEMIC GAINS WERE MEASURED WITH THE WOODCOCK JOHNSON TESTS OF ACHIEVEMENT. 100% MADE SIGNIFICANT GAINS IN AT LEAST ONE SUBJECT AREA; 35% OF ALL SUBTESTS GIVEN SAW 7 OR MORE POINT GAINS; 7 GRADUATED - EACH INDICATING TREMENDOUS GROWTH IN MULTIPLE AREAS. EACH DEMONSTRATING SKILLS OF AN INDEPENDENT LEARNER; 2 GRADUATES RECEIVED UPDATED IQ TESTING. IQ TESTS ARE THE BEST MEASURE FOR DETERMINING HOW EASY OR DIFFICULT EDUCATION IS FOR AN INDIVIDUAL STUDENT. BOTH MADE SPECTACULAR GAINS BOTH ACADEMICALLY AND IN IQ. THE EXEC DIR DID MULTIPLE PRESENTATIONS; A REALTAIONSHIP WITH COVENANT CLASSICAL CHRISTIAN SCHOOL WAS FORMALIZED WITH DISCOVERY BECOMING THEIR SPECIAL EDUCATION DEPARTMENT. AWARENESS EVENTS WERE HELD IN THE COMMUNITY. A SURVEY WAS SENT OUT TO HOME SCHOOL LEADERS IN THE STATE LOOKING FOR INTEREST IN SPEARHEADING A KIND OF CLEARING HOUSE FOR THOSE HOME SCHOOLING STRUGGLING LEARNERS INTHE STATE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02016-02-25 16:41:14Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08034190123
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ReturnHeader/Filer/EIN0800639232
ReturnHeader/Filer/PhoneNum08034190123
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 E CAMPERDONE WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ANDERSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029601
ReturnHeader/PreparerPersonGrp/PhoneNum08642258713
ReturnHeader/PreparerPersonGrp/PreparationDt02015-10-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MONICA ROCKWELL
ReturnHeader/ReturnTs02015-10-12T10:14:54-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-06-01
ReturnHeader/TaxPeriodEndDt02015-05-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.04$0.03$0.01$1.94$2.06$0.12
2024Detailed filing. Detailed filing data is available for this year.$0.15$0.01$0.14$2.12$2.07$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.11$0.02$0.09$2.18$2.20$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.13$0.01$0.11$2.06$2.16$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.43$0.24$0.19$1.98$1.91$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.33$0.23$0.14$1.62$1.52$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.08$0.03$1.36$1.46$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.17$0.04$0.13$1.81$1.83$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.19$0.03$0.15$1.94$1.96$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.24$0.07$0.17$1.57$1.57$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.19$0.02$0.17$1.63$1.59$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.03$0.13$1.20$1.28$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.04$0.21$1.96$1.87$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.05$0.11$1.73$1.78$0.06
2011Summary only. Only limited summary data is available for this year.$0.20$0.03$0.67$0.50$0.17