Civic Intelligence

Tabernacle Learning Center Inc.

990EZ • Fiscal year 2020 • EIN 81-1802916

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

720 8th StreetWest Palm Beach, FL 33401

(561) 784-8147

Siviq Scores

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

Liabilities / Assets

97th percentile

2.08x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

70th percentile

0.05x

Higher debt load relative to revenue than 70% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

34th percentile

-4.1%

Higher net margin than 34% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

3rd percentile

-89%

Faster asset growth than 3% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

48th percentile

-15%

Faster revenue growth than 48% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$2,901

Down $23,326 (-89%) from 2019

Net Assets

Down

-$3,137

Down $29,364 (-112%) from 2019

Liabilities

Up

$6,038

Up $6,038 from 2019

Revenue

Down

$118,783

Down $21,463 (-15%) from 2019

Expenses

Down

$123,710

Down $26,953 (-18%) from 2019

Net Income

Up

-$4,927

Up $5,490 (+53%) from 2019

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0-$10KAssets 2016: $16,949Liabilities 2016: $0Net Assets 2016: $16,9492016Assets 2017: $12,310Liabilities 2017: $2,069Net Assets 2017: $10,2412017Assets 2018: $36,680Liabilities 2018: $35Net Assets 2018: $36,6452018Assets 2019: $26,227Liabilities 2019: $0Net Assets 2019: $26,2272019Assets 2020: $2,901Liabilities 2020: $6,038Net Assets 2020: -$3,1372020Assets 2021: $11,670Liabilities 2021: $6,038Net Assets 2021: $5,6322021Assets 2022: $13,169Liabilities 2022: $0Net Assets 2022: $13,1692022Assets 2023: $35,736Liabilities 2023: $4,500Net Assets 2023: $31,2362023Assets 2024: $4,724Net Assets 2024: $4,7242024Assets 2025: $841Net Assets 2025: $4,6082025

Highlighted filing

2020

Assets$2,901
Liabilities$6,038
Net Assets-$3,137

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2016: $35,000Expenses 2016: $18,051Net Income 2016: $16,9492016Revenue 2017: $46,637Expenses 2017: $53,346Net Income 2017: -$6,7092017Revenue 2018: $93,064Expenses 2018: $90,731Net Income 2018: $2,3332018Revenue 2019: $140,246Expenses 2019: $150,663Net Income 2019: -$10,4172019Revenue 2020: $118,783Expenses 2020: $123,710Net Income 2020: -$4,9272020Revenue 2021: $286,608Expenses 2021: $209,899Net Income 2021: $76,7092021Revenue 2022: $172,761Expenses 2022: $164,499Net Income 2022: $8,2622022Revenue 2023: $181,573Expenses 2023: $163,505Net Income 2023: $18,0682023Revenue 2024: $170,836Expenses 2024: $195,756Net Income 2024: -$24,9202024Revenue 2025: $0Expenses 2025: $116Net Income 2025: -$1162025

Highlighted filing

2020

Revenue$118,783
Expenses$123,710
Net Income-$4,927
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$118,783
Mission and Program Overview

Mission

The mission of The Tabernacle Learning Center TLC is to provide a nurturing and enriching learning environment for children in a structured setting. The Learning Center motivates young minds to begin mastering at an early age the skills of learning, communicating, and evaluating choices and encourages them to grow intellectually, socially, morally and physically to their fullest potential.

Program Services

DescriptionGrantsExpenses
None--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lavoise SmithChairman-$0--
Virginia SmithDirector-$0--
Carolyn WilliamsDirector-$0--
Paul Dumars SrTreasurer-$0--
Gerald KisnerDirector-$0--
Kevin JonesDirector-$0--
Sheree CunninghamSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Tabernacle Learning Center Inc
EIN
81-1802916
Address
720 8th Street, West Palm Beach, FL 33401

Signing Officer

Name
Paul Dumars
Title
Treasurer
Signed
2021-11-15
Discuss with paid preparer
Yes

Preparer

Firm
GF Business & Financial Consulting LLC
Address
5285 Helene Place, West Palm Beach, FL 33407
Preparer
Timothy Wingate Jr
Phone
5612470754
Supplemental Narrative

Additional Explanations

Other Revenue.1

Building Rental $416

Other Expenses.1001

Advertising and Promotion $750

Other Expenses.1002

Office Expenses $12778

Other Expenses.1009

Depreciation $550

Other Expenses.1012

Insurance $23962

Other Expenses.1

Facility Expenses $20287

Other Expenses.2

Security Service $15499

Other Expenses.3

Repair and Maintenance $5926

Other Expenses.4

Phone System $5511

Other Expenses.5

Supplies $885

Other Expenses.6

Contracted Services $750

Other Expenses.7

Other Purchase $228

Other Expenses.8

Bank Fees $20

Other Assets.1002

Furniture and Fixtures - Beginning $714 Furniture and Fixtures - Ending $539

Other Assets.1003

Machinery and Equipment - Beginning $442 Machinery and Equipment - Ending $2306

Total Liabilities.1007

Secured Mortgages and Notes Payable - Beginning $0 Secured Mortgages and Notes Payable - Ending $6038

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Building Rental $416
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $12778
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $550
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $23962
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Facility Expenses $20287
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Security Service $15499
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Repair and Maintenance $5926
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Phone System $5511
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Supplies $885
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Machinery and Equipment - Beginning $442 Machinery and Equipment - Ending $2306
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/BusinessNameControlTxt0TABE
ReturnHeader/Filer/EIN0811802916
ReturnHeader/Filer/USAddress/AddressLine1Txt0720 8th Street
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
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ReturnHeader/PreparerPersonGrp/PhoneNum05612470754
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Timothy Wingate Jr
ReturnHeader/ReturnTs02021-11-14T18:49:30-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Paul
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Dumars
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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