Civic Intelligence

The Scholars Connection

990EZ • Fiscal year 2023 • EIN 81-2116374

Jun 01, 2022 to May 31, 2023 • Filed on Oct 01, 2023

2607 Laurel Ridge DrKingwood, TX 77345

(346) 708-4475

Siviq Scores

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

Liabilities / Assets

89th percentile

0.44x

Higher debt load relative to assets than 89% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

80th percentile

0.06x

Higher debt load relative to revenue than 80% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

36th percentile

-3.4%

Higher net margin than 36% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$2,880

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

17th percentile

-31%

Faster asset growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

65th percentile

19%

Faster revenue growth than 65% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$13,309

Down $5,927 (-31%) from 2022

Net Assets

Down

$7,493

Down $3,119 (-29%) from 2022

Liabilities

Down

$5,816

Down $2,808 (-33%) from 2022

Revenue

Up

$90,619

Up $14,624 (+19%) from 2022

Expenses

Up

$93,738

Up $15,830 (+20%) from 2022

Net Income

Down

-$3,119

Down $1,206 (-63%) from 2022

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2018: $11,373Liabilities 2018: $0Net Assets 2018: $11,3732018Assets 2019: $8,742Liabilities 2019: $3,420Net Assets 2019: $5,3222019Assets 2020: $12,351Liabilities 2020: $1,047Net Assets 2020: $11,3042020Assets 2021: $14,149Liabilities 2021: $1,624Net Assets 2021: $12,5252021Assets 2022: $19,236Liabilities 2022: $8,624Net Assets 2022: $10,6122022Assets 2023: $13,309Liabilities 2023: $5,816Net Assets 2023: $7,4932023Assets 2024: $21,413Liabilities 2024: $9,984Net Assets 2024: $11,4292024Assets 2025: $30,307Liabilities 2025: $8,364Net Assets 2025: $21,9432025

Highlighted filing

2023

Assets$13,309
Liabilities$5,816
Net Assets$7,493

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2018: $55,526Expenses 2018: $49,306Net Income 2018: $6,2202018Revenue 2019: $60,509Expenses 2019: $66,560Net Income 2019: -$6,0512019Revenue 2020: $85,537Expenses 2020: $79,555Net Income 2020: $5,9822020Revenue 2021: $74,150Expenses 2021: $72,929Net Income 2021: $1,2212021Revenue 2022: $75,995Expenses 2022: $77,908Net Income 2022: -$1,9132022Revenue 2023: $90,619Expenses 2023: $93,738Net Income 2023: -$3,1192023Revenue 2024: $135,634Expenses 2024: $131,698Net Income 2024: $3,9362024Revenue 2025: $173,566Expenses 2025: $163,052Net Income 2025: $10,5142025

Highlighted filing

2023

Revenue$90,619
Expenses$93,738
Net Income-$3,119
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Oct 1, 2023
Return Version
2022v5.0
Gross Receipts
$90,619
Mission and Program Overview

Mission

The scholars connection provides classroom programs for homeschooled families. Enrichment classes are provided in science, english, history, engineering design, speech & debate and spanish. The scholars connection enrichment programs enable small group learning with individualized instruction.

Program Services

DescriptionGrantsExpenses
THE SCHOLARS CONNECTION PROGRAM SERVICES ARE EXCLUSIVELY PROVIDED FOR STUDENTS THAT ARE ENROLLED IN A HOMESCHOOL PROGRAM, CURRENTLY SERVING STUDENTS IN GRADES 7-12. THE SCHOLARS CONNECTION ALSO IS A RESOURCE TO THE HOMESCHOOL COMMUNITY.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERRI OSBRINKPresident-$0$2,880$2,880
TRACY FORDSecretary-$0$450$450
DWIGHT FORDTreasurerPT$0--
STEPHANIE MERCHANTBoard Member-$0--
BRANDON MELIABoard Member-$0--
Filing and Contact Details

Filer

Filer Name
The Scholars Connection
EIN
81-2116374
Phone
3467084475
Address
2607 LAUREL RIDGE DR, KINGWOOD, TX 77345

Signing Officer

Name
Terri Osbrink
Title
Director
Phone
3467084475
Signed
2023-10-01
Discuss with paid preparer
Yes

Preparer

Firm
Spain Price Reader & Thompson Pc
Address
5300 MEMORIAL DR STE 940, HOUSTON, TX 77007
Preparer
Cassandra Grooms
Phone
7135201850
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: reimbursable income. Amount: 2,227.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: administrative expense. Amount: 7,012. Description: program expenses-instructors. Amount: 48,600. Description: program expenses-other. Amount: 1,294. Description: reimbursable expenses. Amount: 2,570. Description: website. Amount: 996. Description: other salaries. Amount: 7,000. Description: payroll taxes. Amount: 536. Total to form 990-ez, line 16: 68,008.

Form 990-ez, Part II, Line 24 - Other Assets

Description: payroll taxes. Beg. Of year amount: 0. End of year amount: 136.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: deferred tuition. Beg. Of year amount: 4,245. End of year amount: 0. Description: payroll taxes. Beg. Of year amount: 134. End of year amount: 0. Description: deferred registration. Beg. Of year amount: 4,245. End of year amount: 5,816.

Raw XML Appendix170 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/OfficerDirectorTrusteeEmplGrp/PersonNm4BRANDON MELIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/OtherRevenueTotalAmt02227
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE SCHOLARS CONNECTION PROVIDES CLASSROOM PROGRAMS FOR HOMESCHOOLED FAMILIES. ENRICHMENT CLASSES ARE PROVIDED IN SCIENCE, ENGLISH, HISTORY, ENGINEERING DESIGN, SPEECH & DEBATE AND SPANISH. THE SCHOLARS CONNECTION ENRICHMENT PROGRAMS ENABLE SMALL GROUP LEARNING WITH INDIVIDUALIZED INSTRUCTION.
IRS990EZ/ProgramServiceRevenueAmt080754
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: REIMBURSABLE INCOME. AMOUNT: 2,227.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADMINISTRATIVE EXPENSE. AMOUNT: 7,012. DESCRIPTION: PROGRAM EXPENSES-INSTRUCTORS. AMOUNT: 48,600. DESCRIPTION: PROGRAM EXPENSES-OTHER. AMOUNT: 1,294. DESCRIPTION: REIMBURSABLE EXPENSES. AMOUNT: 2,570. DESCRIPTION: WEBSITE. AMOUNT: 996. DESCRIPTION: OTHER SALARIES. AMOUNT: 7,000. DESCRIPTION: PAYROLL TAXES. AMOUNT: 536. TOTAL TO FORM 990-EZ, LINE 16: 68,008.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PAYROLL TAXES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 136.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DEFERRED TUITION. BEG. OF YEAR AMOUNT: 4,245. END OF YEAR AMOUNT: 0. DESCRIPTION: PAYROLL TAXES. BEG. OF YEAR AMOUNT: 134. END OF YEAR AMOUNT: 0. DESCRIPTION: DEFERRED REGISTRATION. BEG. OF YEAR AMOUNT: 4,245. END OF YEAR AMOUNT: 5,816.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0TERRI OSBRINK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03467084475
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SCHOLARS CONNECTION
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ReturnHeader/Filer/EIN0812116374
ReturnHeader/Filer/PhoneNum03467084475
ReturnHeader/Filer/USAddress/AddressLine1Txt02607 LAUREL RIDGE DR
ReturnHeader/Filer/USAddress/CityNm0KINGWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077345
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0741663570
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SPAIN PRICE READER & THOMPSON PC
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ReturnHeader/PreparerPersonGrp/PhoneNum07135201850
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CASSANDRA GROOMS
ReturnHeader/ReturnTs02023-10-09T14:07:42-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TERRI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OSBRINK
ReturnHeader/TaxPeriodBeginDt02022-06-01
ReturnHeader/TaxPeriodEndDt02023-05-31
ReturnHeader/TaxYr02022

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Filings