Civic Intelligence

Traininggrounds Inc

990 • Fiscal year 2023 • EIN 81-3353953

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 17, 2024

1597 Cuttysark CoveSlidell, LA 70458

(985) 774-7369

Siviq Scores

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

Liabilities / Assets

48th percentile

0.06x

Higher debt load relative to assets than 48% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

46th percentile

0.07x

Higher debt load relative to revenue than 46% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

95th percentile

69%

Higher net margin than 95% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

72nd percentile

$110,250

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

97th percentile

164%

Faster asset growth than 97% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

96th percentile

216%

Faster revenue growth than 96% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$3,534,503

Up $2,195,644 (+164%) from 2022

Net Assets

Up

$3,338,840

Up $2,019,824 (+153%) from 2022

Liabilities

Up

$195,663

Up $175,820 (+886%) from 2022

Revenue

Up

$2,909,373

Up $1,988,134 (+216%) from 2022

Expenses

Up

$889,549

Up $221,244 (+33%) from 2022

Net Income

Up

$2,019,824

Up $1,766,890 (+699%) from 2022

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2017: $50,824Liabilities 2017: $1,134Net Assets 2017: $49,6902017Assets 2018: $54,463Liabilities 2018: $0Net Assets 2018: $54,4632018Assets 2019: $88,671Liabilities 2019: $129Net Assets 2019: $88,5422019Assets 2020: $454,609Liabilities 2020: $29,084Net Assets 2020: $425,5252020Assets 2021: $1,084,244Liabilities 2021: $18,162Net Assets 2021: $1,066,0822021Assets 2022: $1,338,859Liabilities 2022: $19,843Net Assets 2022: $1,319,0162022Assets 2023: $3,534,503Liabilities 2023: $195,663Net Assets 2023: $3,338,8402023Assets 2024: $4,970,002Liabilities 2024: $375,895Net Assets 2024: $4,594,1072024

Highlighted filing

2023

Assets$3,534,503
Liabilities$195,663
Net Assets$3,338,840

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2017: $84,659Expenses 2017: $35,741Net Income 2017: $48,9182017Revenue 2018: $111,802Expenses 2018: $107,029Net Income 2018: $4,7732018Revenue 2019: $217,879Expenses 2019: $185,250Net Income 2019: $32,6292019Revenue 2020: $544,567Expenses 2020: $207,584Net Income 2020: $336,9832020Revenue 2021: $947,319Expenses 2021: $306,762Net Income 2021: $640,5572021Revenue 2022: $921,239Expenses 2022: $668,305Net Income 2022: $252,9342022Revenue 2023: $2,909,373Expenses 2023: $889,549Net Income 2023: $2,019,8242023Revenue 2024: $2,695,967Expenses 2024: $1,440,700Net Income 2024: $1,255,2672024

Highlighted filing

2023

Revenue$2,909,373
Expenses$889,549
Net Income$2,019,824
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 17, 2024
Return Version
2023v5.1
Gross Receipts
$2,909,373
Mission and Program Overview

Mission

TrainingGrounds creates supportive learning environments to enable caregivers and educators to provide children with quality experiences that promote healthy brain development,appropriate adult-child interactions and positive social-emotional skills.

To assist families, educators, and communities in strengthening the foundation on which children can succeed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$249,975$2,449,778▲ $2,199,803
Cash and Non-Interest-Bearing Accounts$779,320$756,910▼ $22,410
Pledges and Grants Receivable$295,528$226,255▼ $69,273
Accounts Receivable$1,358$85,519▲ $84,161
Prepaid Expenses and Deferred Charges$7,507$12,296▲ $4,789
Land, Buildings, and Equipment, Net$5,171$3,745▼ $1,426
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,338,859$3,534,503▲ $2,195,644
Other Assets Total-$0-
Liabilities
Deferred Revenue$1,727$173,940▲ $172,213
Other Liabilities$16,606$19,169▲ $2,563
Accounts Payable and Accrued Expenses$1,510$2,554▲ $1,044
Total Liabilities$19,843$195,663▲ $175,820
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$925,033$2,910,755▲ $1,985,722
Net Assets With Donor Restrictions$393,983$428,085▲ $34,102
Total Net Assets Fund Balance$1,319,016$3,338,840▲ $2,019,824
Total Liabilities and Net Assets / Fund Balance$1,338,859$3,534,503▲ $2,195,644

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,745$3,387$7,132
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melanie RichardsonExecutive DirectorFT$110,041$209$110,250
Christine NeelyCOOFT$80,769$209$80,978

Board Members and Trustees

NameTitle
Nia AveryPresident
Adrienne CelestineDirector
Anna WhitlowDirector
Eboni WalkerDirector
Hazel ParkerSecretary
Danielle RosemoreTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,607,299
Program Service Revenue
$289,908
Investment Income
$12,166
Other Revenue
$0
All Other Contributions
$2,015,103
Change in Net Assets
$2,019,824

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,909,373
Revenue Not Reported on Form 990
$4,800
Total Revenue per Audited Statements
$2,914,173
Total Revenue per Form 990
$2,909,373
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$481,275
Other Expenses$401,399
Total Fundraising Expense$24,268
Professional Fundraising Fees$6,875
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$254,695--$254,695
Current Officers, Directors, Trustees, and Key Employees$173,270$17,958-$191,228
Fees for Services Other$169,596$1,128$12,250$182,974
Fees for Services Accounting$22,750$25,034-$47,784
Payroll Taxes$32,727$1,374-$34,101
Occupancy$31,800--$31,800
Information Technology$13,500$2,245$4,615$20,360
Advertising$14,567-$347$14,914
Insurance$3,622$8,327-$11,949
All Other Expenses$6,481$3,704$82$10,267
Fees for Services Legal$8,099$10-$8,109
Fees for Services Professional Fundraising--$6,875$6,875
Other Expenses$2,905$96$36$3,037
Conferences and Meetings$3,012--$3,012
Depreciation Depletion$1,426--$1,426
Other Employee Benefits$208$1,043-$1,251
Total Functional Expenses$803,711$61,570$24,268$889,549

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$894,349
Expenses per Audited Statements$889,549
Total Expenses per Form 990$889,549
Expenses Not Reported on Form 990$4,800
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$6,875
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$19,169
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A majority of Board members must vote to approve the Form 990 prior to submission.

Form 990, Part VI, Section B, Line 12C

Board members and employees are asked to disclose any conflicts of interest. Board members agree to recuse themselves from voting on any matters relating to conflicts of interest. Management monitors the actions of all employees with regard to conflicts of interest.

Form 990, Part VI, Section B, Line 15A

Compensation for the Executive Director is reviewed and approved by the governing board. The board uses data from similarly situated organizations to determine compensation levels. Written documentation of decisions regarding the compensation arrangements are included with Board of Director's minutes and the annual budget report.

Form 990, Part VI, Section B, Line 15B

Compensation for the COO is reviewed and approved by the governing board. The board uses data from similarly situated organizations to determine compensation levels. Written documentation of decisions regarding the compensation arrangements are included with Board of Director's minutes and the annual budget report.

Form 990, Part VI, Section C, Line 19

Available Upon Request

Filing and Contact Details

Filer

Filer Name
TrainingGrounds Inc
EIN
81-3353953
Phone
9857747369
Address
1597 Cuttysark Cove, Slidell, LA 70458

Signing Officer

Name
Christine Neely
Title
COO
Signed
2024-09-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christine Neely
Formed
2016
Legal Domicile
La
Voting Board Members
6
Independent Board Members
6
Employees
14

Preparer

Firm
Theresa Calamari Stevenson CPA LLC
Address
1325 Englewood Drive, Slidell, LA 70458
Preparer
Theresa C Stevenson CPA
Phone
9852851185
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0208
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01251
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Bad Debts
IRS990/OtherExpensesGrp/Desc2Hurricane Relief Prog
IRS990/OtherExpensesGrp/Desc3Printing and Publications
IRS990/OtherExpensesGrp/FundraisingAmt063
IRS990/OtherExpensesGrp/FundraisingAmt136
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0651
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt196
IRS990/OtherExpensesGrp/ProgramServicesAmt049710
IRS990/OtherExpensesGrp/ProgramServicesAmt111343
IRS990/OtherExpensesGrp/ProgramServicesAmt24000
IRS990/OtherExpensesGrp/ProgramServicesAmt32905
IRS990/OtherExpensesGrp/TotalAmt050424
IRS990/OtherExpensesGrp/TotalAmt111343
IRS990/OtherExpensesGrp/TotalAmt24000
IRS990/OtherExpensesGrp/TotalAmt33037
IRS990/OtherLiabilitiesGrp/BOYAmt016606
IRS990/OtherLiabilitiesGrp/EOYAmt019169
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0254695
IRS990/OtherSalariesAndWagesGrp/TotalAmt0254695
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01374
IRS990/PayrollTaxesGrp/ProgramServicesAmt032727
IRS990/PayrollTaxesGrp/TotalAmt034101
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0295528
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0226255
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07507
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012296
IRS990/PrincipalOfficerNm0Christine Neely
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0Contractor Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Other
IRS990/ProgramServiceRevenueGrp/Desc2Workshop Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0277081
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1956
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt211871
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0277081
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1956
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211871
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0825027
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt029311
IRS990/PYInvestmentIncomeAmt02260
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0296406
IRS990/PYProgramServiceRevenueAmt093952
IRS990/PYRevenuesLessExpensesAmt0252934
IRS990/PYSalariesCompEmpBnftPaidAmt0320967
IRS990/PYTotalExpensesAmt0668305
IRS990/PYTotalProfFndrsngExpnsAmt021621
IRS990/PYTotalRevenueAmt0921239
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt02019824
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0289908
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0249975
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02449778
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02607299
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0825027
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0889716
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0501340
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt097315
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04920697
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt012166
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02260
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01360
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01377
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0935
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt018098
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0601582
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83200
IRS990ScheduleA/PublicSupportPY170Pct00.66280
IRS990ScheduleA/PublicSupportTotal170Amt04108977
IRS990ScheduleA/SubstantialContributorsTotAmt0811720
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02607299
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0825027
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0889716
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0501340
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt097315
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04920697
IRS990ScheduleA/TotalSupportAmt04938795
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt04800
IRS990ScheduleD/DonatedServicesUseFcltsAmt04800
IRS990ScheduleD/ExpensesNotReportedAmt04800
IRS990ScheduleD/ExpensesSubtotalAmt0889549
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03745
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03387
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07132
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019169
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Expenses
IRS990ScheduleD/RevenueNotReportedAmt04800
IRS990ScheduleD/RevenueSubtotalAmt02909373
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03745
IRS990ScheduleD/TotalExpensesPerForm990Amt0889549
IRS990ScheduleD/TotalLiabilityAmt019169
IRS990ScheduleD/TotalRevenuePerForm990Amt02909373
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02914173
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0894349
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A majority of Board members must vote to approve the Form 990 prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members and employees are asked to disclose any conflicts of interest. Board members agree to recuse themselves from voting on any matters relating to conflicts of interest. Management monitors the actions of all employees with regard to conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation for the Executive Director is reviewed and approved by the governing board. The board uses data from similarly situated organizations to determine compensation levels. Written documentation of decisions regarding the compensation arrangements are included with Board of Director's minutes and the annual budget report.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation for the COO is reviewed and approved by the governing board. The board uses data from similarly situated organizations to determine compensation levels. Written documentation of decisions regarding the compensation arrangements are included with Board of Director's minutes and the annual budget report.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Available Upon Request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

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