Civic Intelligence

Discovery Therapies Inc.

990EZ • Fiscal year 2017 • EIN 80-0639232

Jun 01, 2016 to May 31, 2017 • Filed on Oct 03, 2017

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

82nd percentile

0.19x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

38th percentile

-0.9%

Higher net margin than 38% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

79th percentile

$6,761

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

19th percentile

-23%

Faster asset growth than 19% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

75th percentile

23%

Faster revenue growth than 75% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$18,769

Down $5,666 (-23%) from 2016

Net Assets

Down

$15,278

Down $1,845 (-11%) from 2016

Liabilities

Down

$3,491

Down $3,821 (-52%) from 2016

Revenue

Up

$194,451

Up $36,954 (+23%) from 2016

Expenses

Up

$196,294

Up $39,098 (+25%) from 2016

Net Income

Down

-$1,843

Down $2,144 (-712%) from 2016

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

2017

Assets$18,769
Liabilities$3,491
Net Assets$15,278

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

2017

Revenue$194,451
Expenses$196,294
Net Income-$1,843
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Oct 3, 2017
Return Version
2016v3.0
Gross Receipts
$194,451
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
WE SERVED 56 STUDENTS. OF THE 27 RECEIVING ANNUAL TESTING, 100% OF THEM MADE STATISTICALLY SIGNIFICANT GAINS IN AT LEAST ONE ACADEMIC AREA, WITH THREE GRADUATING. WE HAVE ADDED "EXECUTIVE FUNCTIONING SKILLS" TO OUR LIST OF SERVICES. FROM ONE OF OUR PARENTS: "I JUST WANTED TO SAY THANKS FOR MEETING WITH THERAPIST AND I TODAY CONCERNING STUDENT. I CAN'T SAY ENOUGH GREAT THINGS ABOUT WHAT THE ORGANIZATIONS HAS DONE FOR MY YOUNG LADY. SHE IS FAST BECOMING THE PERSON SHE WANTS TO BE BECAUSE SHE IS ABLE TO LEARN IN AN ENVIRONMENT THAT IS CONDUCIVE TO HER NEEDS. I ALSO WANT YOU TO KNOW THAT THERPAIST HAS BEEN A WONDERFUL THERAPIST FOR HER AS WELL. SHE GOES ABOVE THE CALL OF DUTY TO SEE THAT STUDENT HAS THE FULLEST BENEFITS OF WHAT YOUR PROGRAMS CAN OFFER. HER FATHER AND I ARE AMAZED AT WHAT PROGRESS SHE HAS MADE. WE LOOK FORWARD TO EXTENDING STUDENT'S THERAPY THIS YEAR."-$160,355
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DONNA WESTONExec Dir/TreFT$6,761-$6,761
DR MONICA K WRIGHTBoard Member-$0--
DR KEISHA MCCOY-WILSONVice Chairpe-$0--
MIKE WESTONBoard Member-$0--
DR LYNN WILSONChairperson-$0--
JANA DALEYBoard Member-$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
Exec Dir/treas/secre
Phone
8034190123
Signed
2017-10-03
Discuss with paid preparer
Yes

Preparer

Firm
Monica L Rockwell LLC
Address
713D E GREENVILLE ST, ANDERSON, SC 29621-4838
Preparer
Monica Rockwell
Phone
8642258713
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Educational non-investment depreciation 4,234 expenses advertising & marketing 641 supplies 2,429 business registration fees 2,932 business expenses - other -135 books, subscriptions and refe 144 student materials 926 testing resources 945 therapy materials/equipment 1,271 facts fees 495 paypal service fees 138 telephone expense 3,207 other 701 software subscription 413 computer software 558 travel 18,533 conferences & meetings 1,511 professional devel 1,701 insurance 1,235 total 41,879

Form 990-ez, Part II, Line 24

Equipment & furniture 24,569 28,739 less accumulated depreciation 16,710 20,944 total 7,859 7,795

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 2,348 3,136 deferred revenue 4,966 355

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

We served 56 students. Of the 27 receiving annual testing, 100% of them made statistically significant gains in at least one academic area, with three graduating. We have added "executive functioning skills" to our list of services. From one of our parents: "i just wanted to say thanks for meeting with therapist and i today concerning student. I can't say enough great things about what the organizations has done for my young lady. She is fast becoming the person she wants to be because she is able to learn in an environment that is conducive to her needs. I also want you to know that therpaist has been a wonderful therapist for her as well. She goes above the call of duty to see that student has the fullest benefits of what your programs can offer. Her father and i are amazed at what progress she has made. We look forward to extending student's therapy this year."

Raw XML Appendix180 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EDUCATIONAL NON-INVESTMENT DEPRECIATION 4,234 EXPENSES ADVERTISING & MARKETING 641 SUPPLIES 2,429 BUSINESS REGISTRATION FEES 2,932 BUSINESS EXPENSES - OTHER -135 BOOKS, SUBSCRIPTIONS AND REFE 144 STUDENT MATERIALS 926 TESTING RESOURCES 945 THERAPY MATERIALS/EQUIPMENT 1,271 FACTS FEES 495 PAYPAL SERVICE FEES 138 TELEPHONE EXPENSE 3,207 OTHER 701 SOFTWARE SUBSCRIPTION 413 COMPUTER SOFTWARE 558 TRAVEL 18,533 CONFERENCES & MEETINGS 1,511 PROFESSIONAL DEVEL 1,701 INSURANCE 1,235 TOTAL 41,879
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT & FURNITURE 24,569 28,739 LESS ACCUMULATED DEPRECIATION 16,710 20,944 TOTAL 7,859 7,795
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,348 3,136 DEFERRED REVENUE 4,966 355
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROVIDE 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/ExplanationTxt4WE SERVED 56 STUDENTS. OF THE 27 RECEIVING ANNUAL TESTING, 100% OF THEM MADE STATISTICALLY SIGNIFICANT GAINS IN AT LEAST ONE ACADEMIC AREA, WITH THREE GRADUATING. WE HAVE ADDED "EXECUTIVE FUNCTIONING SKILLS" TO OUR LIST OF SERVICES. FROM ONE OF OUR PARENTS: "I JUST WANTED TO SAY THANKS FOR MEETING WITH THERAPIST AND I TODAY CONCERNING STUDENT. I CAN'T SAY ENOUGH GREAT THINGS ABOUT WHAT THE ORGANIZATIONS HAS DONE FOR MY YOUNG LADY. SHE IS FAST BECOMING THE PERSON SHE WANTS TO BE BECAUSE SHE IS ABLE TO LEARN IN AN ENVIRONMENT THAT IS CONDUCIVE TO HER NEEDS. I ALSO WANT YOU TO KNOW THAT THERPAIST HAS BEEN A WONDERFUL THERAPIST FOR HER AS WELL. SHE GOES ABOVE THE CALL OF DUTY TO SEE THAT STUDENT HAS THE FULLEST BENEFITS OF WHAT YOUR PROGRAMS CAN OFFER. HER FATHER AND I ARE AMAZED AT WHAT PROGRESS SHE HAS MADE. WE LOOK FORWARD TO EXTENDING STUDENT'S THERAPY THIS YEAR."
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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ReturnHeader/BusinessOfficerGrp/PhoneNum08034190123
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ReturnHeader/Filer/EIN0800639232
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0713D E GREENVILLE ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ANDERSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0296214838
ReturnHeader/PreparerPersonGrp/PhoneNum08642258713
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MONICA ROCKWELL
ReturnHeader/ReturnTs02017-10-10T13:30:17-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-06-01
ReturnHeader/TaxPeriodEndDt02017-05-31
ReturnHeader/TaxYr02016

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