Civic Intelligence

Chapin Academy Incorporated

990EZ • Fiscal year 2019 • EIN 81-4373979

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 08, 2019

Organization ProfileWWW.CHAPINACADEMY.COM
2586 Candy Kitchen RdProsperity, SC 29127

(803) 566-2933

Siviq Scores

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

Liabilities / Assets

68th percentile

0.02x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

60th percentile

0.00x

Higher debt load relative to revenue than 60% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

29th percentile

-5.9%

Higher net margin than 29% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

80th percentile

$10,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

14th percentile

-32%

Faster asset growth than 14% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

78th percentile

30%

Faster revenue growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$17,470

Down $8,315 (-32%) from 2018

Net Assets

$17,100

No earlier filing loaded for comparison.

Liabilities

Down

$370

Down $1,611 (-81%) from 2018

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin29th percentile

Revenue

Up

$114,092

Up $26,203 (+30%) from 2018

Expenses

Up

$120,796

Up $53,445 (+79%) from 2018

Net Income

Down

-$6,704

Down $27,242 (-133%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$200K$150K$100K$50K$0Assets 2017: $3,266Liabilities 2017: $02017Assets 2018: $25,785Liabilities 2018: $1,9812018Assets 2019: $17,470Liabilities 2019: $370Net Assets 2019: $17,1002019Assets 2020: $77,664Liabilities 2020: $2,400Net Assets 2020: $75,2642020Assets 2021: $128,308Liabilities 2021: $3,030Net Assets 2021: $125,2782021Assets 2022: $148,876Liabilities 2022: $2,091Net Assets 2022: $146,7852022Assets 2023: $148,097Liabilities 2023: $4,715Net Assets 2023: $143,3822023Assets 2024: $194,703Liabilities 2024: $8,059Net Assets 2024: $186,6442024

Highlighted filing

2019

Assets$17,470
Liabilities$370
Net Assets$17,100
Open 2019 Filing

Operations Trend

Revenue Growth78th percentile

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

$600K$400K$200K$0-$200KRevenue 2017: $6,515Expenses 2017: $3,249Net Income 2017: $3,2662017Revenue 2018: $87,889Expenses 2018: $67,351Net Income 2018: $20,5382018Revenue 2019: $114,092Expenses 2019: $120,796Net Income 2019: -$6,7042019Revenue 2020: $195,985Expenses 2020: $137,821Net Income 2020: $58,1642020Revenue 2021: $305,787Expenses 2021: $255,773Net Income 2021: $50,0142021Revenue 2022: $307,350Expenses 2022: $285,843Net Income 2022: $21,5072022Revenue 2023: $331,736Expenses 2023: $335,139Net Income 2023: -$3,4032023Revenue 2024: $414,415Expenses 2024: $371,153Net Income 2024: $43,2622024

Highlighted filing

2019

Revenue$114,092
Expenses$120,796
Net Income-$6,704
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 8, 2019
Return Version
2018v3.1
Gross Receipts
$114,092
Mission and Program Overview

Mission

Chapin academy blends the best of homeschooling and private, christian education by partnering with families to develop college-worthy disciples of christ for future generations.https://www.chapinacademy.com/new-page-1/

Program Services

DescriptionGrantsExpenses
CHAPIN ACADEMY BLENDS THE BEST OF HOMESCHOOLING AND PRIVATE, CHRISTIAN EDUCATION BY PARTNERING WITH FAMILIES TO DEVELOP COLLEGE-WORTHY DISCIPLES OF CHRIST FOR FUTURE GENERATIONS.$0$115,498
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHAWN HAMMONDAdministrtorFT$10,000-$10,000
REBECCA DAVISAdministrtorFT$10,000-$10,000
MICHAEL DAVISBoard MemberPT$3,125-$3,125
STEPHEN HAMMONDBoard Member-$0--
JOHN BREMERBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Chapin Academy
EIN
81-4373979
Phone
8035662933
Address
2586 CANDY KITCHEN RD, PROSPERITY, SC 29127

Signing Officer

Name
Michael Davis
Title
Board Member
Phone
8035662933
Signed
2019-10-08
Discuss with paid preparer
Yes

Preparer

Firm
Davis and Company Pa
Address
PO BOX 23327, COLUMBIA, SC 29224
Preparer
John F Petersoncpa
Phone
8037880702
Supplemental Narrative

Additional Explanations

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

“Description: administrative. Amount: 1,573. Description: advertising. Amount: 890. Description: program. Amount: 92,373. Total to form 990-ez, line 16: 94,836.”

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

“Description: payroll liabilities. Beg. Of year amount: 1,981. End of year amount: 370.”

Raw XML Appendix158 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0MICHAEL DAVIS
IRS990EZ/BooksInCareOfDetail/PhoneNum08035662933
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02586 CANDY KITCHEN RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHAPIN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029127
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt025785
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt017470
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-6704
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
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IRS990EZ/GrossReceiptsAmt0114092
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt023804
IRS990EZ/NetAssetsOrFundBalancesEOYAmt017100
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt023804
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt017100
IRS990EZ/OccupancyRentUtltsAndMaintAmt02835
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt43.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt010000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt33125
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHAWN HAMMOND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1REBECCA DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STEPHEN HAMMOND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MICHAEL DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOHN BREMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0ADMINISTRTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1ADMINISTRTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt094836
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0CHAPIN ACADEMY BLENDS THE BEST OF HOMESCHOOLING AND PRIVATE, CHRISTIAN EDUCATION BY PARTNERING WITH FAMILIES TO DEVELOP COLLEGE-WORTHY DISCIPLES OF CHRIST FOR FUTURE GENERATIONS.HTTPS://WWW.CHAPINACADEMY.COM/NEW-PAGE-1/
IRS990EZ/ProgramServiceRevenueAmt0114092
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CHAPIN ACADEMY BLENDS THE BEST OF HOMESCHOOLING AND PRIVATE, CHRISTIAN EDUCATION BY PARTNERING WITH FAMILIES TO DEVELOP COLLEGE-WORTHY DISCIPLES OF CHRIST FOR FUTURE GENERATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0115498
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt023125
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0SC
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01981
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0370
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0120796
IRS990EZ/TotalProgramServiceExpensesAmt0115498
IRS990EZ/TotalRevenueAmt0114092
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CHAPINACADEMY.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0114092
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt087889
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt06515
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0208496
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
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IRS990ScheduleA/PublicSupportTotal509Amt0208496
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0114092
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt087889
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt06515
IRS990ScheduleA/Total509Grp/TotalAmt0208496
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0114092
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt06515
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0208496
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ADMINISTRATIVE. AMOUNT: 1,573. DESCRIPTION: ADVERTISING. AMOUNT: 890. DESCRIPTION: PROGRAM. AMOUNT: 92,373. TOTAL TO FORM 990-EZ, LINE 16: 94,836.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 1,981. END OF YEAR AMOUNT: 370.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 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.
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL DAVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum08035662933
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHAPIN ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0CHAP
ReturnHeader/Filer/EIN0814373979
ReturnHeader/Filer/PhoneNum08035662933
ReturnHeader/Filer/USAddress/AddressLine1Txt02586 CANDY KITCHEN RD
ReturnHeader/Filer/USAddress/CityNm0PROSPERITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029127
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.101.216.174
ReturnHeader/FilingSecurityInformation/IPDt02019-10-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:56:15
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421575695
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVIS AND COMPANY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 23327
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029224
ReturnHeader/PreparerPersonGrp/PhoneNum08037880702
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN F PETERSONCPA
ReturnHeader/ReturnTs02019-10-17T14:57:42-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,470
Liabilities
$370
Net assets
$17,100
Revenue
$114,092
Expenses
$120,796
Net income
-$6,704
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.95$0.08$1.87$4.14$3.71$0.43
2023Detailed filing. Detailed filing data is available for this year.$1.48$0.05$1.43$3.32$3.35$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.49$0.02$1.47$3.07$2.86$0.22
2021Detailed filing. Detailed filing data is available for this year.$1.28$0.03$1.25$3.06$2.56$0.50
2020Detailed filing. Detailed filing data is available for this year.$0.78$0.02$0.75$1.96$1.38$0.58
2019Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$1.14$1.21$0.07
2018Summary only. Only limited summary data is available for this year.$0.26$0.02$0.88$0.67$0.21
2017Summary only. Only limited summary data is available for this year.$0.03$0.00$0.07$0.03$0.03