Civic Intelligence

Chapin Academy Incorporated

990EZ • Fiscal year 2020 • EIN 81-4373979

Jul 01, 2019 to Jun 30, 2020 • Filed on Aug 20, 2020

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

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

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

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

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

Net Margin

78th percentile

30%

Higher net margin than 78% of similar nonprofits.

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

Top Officer Pay

82nd percentile

$14,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

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

Asset Growth

96th percentile

345%

Faster asset growth than 96% of similar nonprofits.

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

Revenue Growth

91st percentile

72%

Faster revenue growth than 91% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$77,664

Up $60,194 (+345%) from 2019

Net Assets

Up

$75,264

Up $58,164 (+340%) from 2019

Liabilities

Up

$2,400

Up $2,030 (+549%) from 2019

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin78th percentile

Revenue

Up

$195,985

Up $81,893 (+72%) from 2019

Expenses

Up

$137,821

Up $17,025 (+14%) from 2019

Net Income

Up

$58,164

Up $64,868 (+968%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth96th 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

2020

Assets$77,664
Liabilities$2,400
Net Assets$75,264
Open 2020 Filing

Operations Trend

Revenue Growth91st 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

2020

Revenue$195,985
Expenses$137,821
Net Income$58,164
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Aug 20, 2020
Return Version
2019v5.1
Gross Receipts
$195,985
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$129,017
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHAWN HAMMONDAdministrtorFT$14,000-$14,000
REBECCA DAVISAdministrtorFT$14,000-$14,000
MICHAEL DAVISBusiness ManagerPT$7,500-$7,500
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
Business Manager
Phone
8035662933
Signed
2020-08-20
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 8 - Other Revenue

“Description: application / renewal fees. Amount: 8,119.”

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

“Description: administrative. Amount: 4,578. Description: advertising. Amount: 853. Description: program. Amount: 93,517. Total to form 990-ez, line 16: 98,948.”

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

“Description: payroll liabilities. Beg. Of year amount: 370. End of year amount: 2,400.”

Raw XML Appendix165 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/BOYAmt017470
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt077664
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt058164
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01573
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt077664
IRS990EZ/GrossReceiptsAmt0195985
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt017100
IRS990EZ/NetAssetsOrFundBalancesEOYAmt075264
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt017100
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt075264
IRS990EZ/OccupancyRentUtltsAndMaintAmt01800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt43.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt014000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt114000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt37500
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/TitleTxt3BUSINESS MANAGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt098948
IRS990EZ/OtherRevenueTotalAmt08119
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/ProgramServiceRevenueAmt0187866
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/ProgramServiceExpensesAmt0129017
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt035500
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0SC
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0370
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02400
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0137821
IRS990EZ/TotalProgramServiceExpensesAmt0129017
IRS990EZ/TotalRevenueAmt0195985
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CHAPINACADEMY.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0187866
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0114092
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt087889
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt06515
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0396362
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0396362
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0187866
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0114092
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt087889
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt06515
IRS990ScheduleA/Total509Grp/TotalAmt0396362
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0187866
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0114092
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt087889
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt06515
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0396362
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: APPLICATION / RENEWAL FEES. AMOUNT: 8,119.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADMINISTRATIVE. AMOUNT: 4,578. DESCRIPTION: ADVERTISING. AMOUNT: 853. DESCRIPTION: PROGRAM. AMOUNT: 93,517. TOTAL TO FORM 990-EZ, LINE 16: 98,948.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 370. END OF YEAR AMOUNT: 2,400.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL DAVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BUSINESS MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum08035662933
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-20
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
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0ED2F46E121F185DB4D5E8CD1B9F360AC8F6AED24
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0ED2F46E121F185DB4D5E8CD1B9F360AC8F6AED24
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.101.216.174
ReturnHeader/FilingSecurityInformation/IPDt02020-08-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:34:42
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/PreparationDt02020-08-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN F PETERSONCPA
ReturnHeader/ReturnTs02020-08-20T09:45:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$77,664
Liabilities
$2,400
Net assets
$75,264
Revenue
$195,985
Expenses
$137,821
Net income
$58,164
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