Civic Intelligence

Perea Elementary School

990 • Fiscal year 2023 • EIN 82-0954843

Jul 01, 2022 to Jun 30, 2023 • Filed on May 14, 2024

Organization ProfileWWW.PEREAELEMENTARY.ORG
1250 Vollintine AveMemphis, TN 38107

(901) 726-4300

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.09x

Higher debt load relative to assets than 43% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

30th percentile

0.07x

Higher debt load relative to revenue than 30% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

72nd percentile

17%

Higher net margin than 72% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

52nd percentile

$130,795

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

87th percentile

40%

Faster asset growth than 87% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

88th percentile

65%

Faster revenue growth than 88% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$6,215,137

Up $1,765,628 (+40%) from 2022

Net Assets

Up

$5,675,325

Up $2,544,115 (+81%) from 2022

Liabilities

Down

$539,812

Down $778,487 (-59%) from 2022

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin72nd percentile

Revenue

Up

$7,866,245

Up $3,093,647 (+65%) from 2022

Expenses

Up

$6,565,378

Up $2,748,912 (+72%) from 2022

Net Income

Up

$1,300,867

Up $344,735 (+36%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2018: $613,186Liabilities 2018: $13,096Net Assets 2018: $600,0902018Assets 2020: $1,729,228Liabilities 2020: $271,165Net Assets 2020: $1,458,0632020Assets 2021: $2,497,870Liabilities 2021: $321,800Net Assets 2021: $2,176,0702021Assets 2022: $4,449,509Liabilities 2022: $1,318,299Net Assets 2022: $3,131,2102022Assets 2023: $6,215,137Liabilities 2023: $539,812Net Assets 2023: $5,675,3252023Assets 2024: $7,678,830Liabilities 2024: $1,000,502Net Assets 2024: $6,678,3282024Assets 2025: $7,516,241Liabilities 2025: $969,881Net Assets 2025: $6,546,3602025

Highlighted filing

2023

Assets$6,215,137
Liabilities$539,812
Net Assets$5,675,325
Open 2023 Filing

Operations Trend

Revenue Growth88th percentile

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

$10M$5.0M$0-$5.0MRevenue 2018: $775,637Expenses 2018: $175,547Net Income 2018: $600,0902018Revenue 2020: $2,593,003Expenses 2020: $2,456,797Net Income 2020: $136,2062020Revenue 2021: $3,602,420Expenses 2021: $2,884,413Net Income 2021: $718,0072021Revenue 2022: $4,772,598Expenses 2022: $3,816,466Net Income 2022: $956,1322022Revenue 2023: $7,866,245Expenses 2023: $6,565,378Net Income 2023: $1,300,8672023Revenue 2024: $8,578,346Expenses 2024: $7,575,344Net Income 2024: $1,003,0022024Revenue 2025: $7,890,074Expenses 2025: $8,022,042Net Income 2025: -$131,9682025

Highlighted filing

2023

Revenue$7,866,245
Expenses$6,565,378
Net Income$1,300,867
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$7,866,245
Mission and Program Overview

Mission

Perea elementary school and perea preschool will prepare all students academically, socially, and emotionally for success by creating and maintaining a classroom and school environment that is student-centered, with high academic expectations and where all students feel welcomed, appreciated, and valued.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,482,398$3,281,919▲ $1,799,521
Land, Buildings, and Equipment, Net$418,742$1,536,364▲ $1,117,622
Pledges and Grants Receivable$688,088$220,227▼ $467,861
Intangible Assets$44,637$20,708▼ $23,929
Prepaid Expenses and Deferred Charges$32,573$4,410▼ $28,163
Total Assets$4,449,509$6,215,137▲ $1,765,628
Other Assets Total$1,783,071$1,151,509▼ $631,562
Liabilities
Accounts Payable and Accrued Expenses$266,133$328,420▲ $62,287
Other Liabilities$1,052,166$211,392▼ $840,774
Total Liabilities$1,318,299$539,812▼ $778,487
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,847,433$5,092,337▲ $3,244,904
Net Assets With Donor Restrictions$1,283,777$582,988▼ $700,789
Total Net Assets Fund Balance$3,131,210$5,675,325▲ $2,544,115
Total Liabilities and Net Assets / Fund Balance$4,449,509$6,215,137▲ $1,765,628

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$781,249$231,901$1,013,150
Equipment$74,050$393,435$467,485
Leasehold Improvements$352,601$42,370$394,971
Other Land Buildings$98,464$133,645$232,109
Land$230,000-$230,000
Other Assets Org$20,238--
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Deadre UsserySchool LeaderFT$130,795$130,795
Shandra BrooksSr. Director of FinanceFT$86,656$86,656

Board Members and Trustees

NameTitle
Jim BoydBoard Chair
Althea GreeneBoard Member
Ann LangstonBoard Member
Bobby WhiteBoard Member
Carl CarterBoard Member
Dr Kelley Nichols CorbinBoard Member
Jamia StokesBoard Member
Justin MerrickBoard Member
Quincy JonesBoard Member
Rebecca ScottBoard Member
Darnell MosesSecretary
Allison CatesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,788,934
Program Service Revenue
$77,311
Investment Income
$0
Other Revenue
$0
All Other Contributions
$39,953
Change in Net Assets
$1,300,867

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,866,245
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,866,245
Total Revenue per Form 990
$7,866,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,180,642
Other Expenses$2,384,736
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,850,480$564,394-$3,414,874
Fees for Services Other$905,124$534,928-$1,440,052
Other Employee Benefits$425,122$123,195-$548,317
Current Officers, Directors, Trustees, and Key Employees-$217,451-$217,451
Depreciation Depletion$176,649$19,628-$196,277
Occupancy$109,103$12,122-$121,225
Other Expenses$1,912$9,767-$1,912
Total Functional Expenses$4,833,590$1,731,788$0$6,565,378

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,565,378
Total Expenses per Audited Statements$6,565,378
Total Expenses per Form 990$6,565,378
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Inflows Related to Pensions$188,919
Current Portion of Long-term Debt$20,859
Long-term Debt$1,614
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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

“Upon preparation by an independent accounting firm, the return is reviewed by the board of directors before submission to the irs.”

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

“The directors sign a statement annually confirming their compliance with the conflicts of interest policy.”

Form 990, Part VI, Section B, Line 15

“Compensation for a position is determined as to what is reasonable for the experience, expertise, geography, and needs of the organization. Compensation is reviewed by the board finance committee and discussed and voted on at board meetings. The resulting decision is recorded in the minutes.”

Form 990, Part VI, Section C, Line 18

“The organization's tax documents are available to the public upon request.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Perea Elementary School
EIN
82-0954843
Phone
9017264300
Address
1250 VOLLINTINE AVE, MEMPHIS, TN 38107

Signing Officer

Name
Shandra Brooks
Title
Sr. Director of Finance & Operations
Phone
9017264300
Signed
2024-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shandra Brooks
Formed
2017
Legal Domicile
Tn
Voting Board Members
12
Independent Board Members
12
Employees
73
Volunteers
3

Preparer

Firm
The Marston Group Plc
Address
1661 INTERNATIONAL DRIVE SUITE 250, MEMPHIS, TN 38120
Preparer
Susan M Lattimore
Phone
9017613003
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contracted services: program service expenses 905,124. Management and general expenses 534,928. Fundraising expenses 0. Total expenses 1,440,052.”

FORM 990, PART XI, LINE 9:

“Prior period adjustment for preschool 1,243,248.”

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IRS990/OtherChangesInNetAssetsAmt01243248
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0123195
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0425122
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0548317
IRS990/OtherExpensesGrp/Desc0SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc1OTHER CHARGES
IRS990/OtherExpensesGrp/Desc2INTERNAL SCHOOL EXPENDI
IRS990/OtherExpensesGrp/Desc3DEBT SERVICE AND ISSUAN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0250303
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19767
IRS990/OtherExpensesGrp/ProgramServicesAmt0259306
IRS990/OtherExpensesGrp/ProgramServicesAmt187900
IRS990/OtherExpensesGrp/ProgramServicesAmt217994
IRS990/OtherExpensesGrp/ProgramServicesAmt31912
IRS990/OtherExpensesGrp/TotalAmt0509609
IRS990/OtherExpensesGrp/TotalAmt197667
IRS990/OtherExpensesGrp/TotalAmt217994
IRS990/OtherExpensesGrp/TotalAmt31912
IRS990/OtherLiabilitiesGrp/BOYAmt01052166
IRS990/OtherLiabilitiesGrp/EOYAmt0211392
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0564394
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02850480
IRS990/OtherSalariesAndWagesGrp/TotalAmt03414874
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0688088
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0220227
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032573
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04410
IRS990/PrincipalOfficerNm0SHANDRA BROOKS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt077311
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt077311
IRS990/ProgSrvcAccomActy2Grp/Desc0PROGRAM SERVICES CONSIST OF PROVIDING EDUCATIONAL CURRICULUM AND INSTRUCTION TO PRESCHOOL STUDENTS IN AN EFFORT TO PREPARE THEM ACADEMICALLY, SOCIALLY, AND EMOTIONALLY FOR SUCCESS IN ELEMENTARY SCHOOL AND BEYOND.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02030450
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt050876
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04315174
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01547137
IRS990/PYOtherRevenueAmt0423157
IRS990/PYProgramServiceRevenueAmt034267
IRS990/PYRevenuesLessExpensesAmt0956132
IRS990/PYSalariesCompEmpBnftPaidAmt02269329
IRS990/PYTotalExpensesAmt03816466
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04772598
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01300867
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt026435
IRS990ScheduleA/SchoolInd0X
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0781249
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0231901
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01013150
IRS990ScheduleD/EquipmentGrp/BookValueAmt074050
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0393435
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0467485
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06565378
IRS990ScheduleD/LandGrp/BookValueAmt0230000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0230000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0352601
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt042370
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0394971
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0508883
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1548283
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt274105
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt320238
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NET PENSION ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED OUTFLOWS RELATED TO PENSIONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2STABILIZATION RESERVE TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt098464
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0133645
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0232109
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0188919
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt120859
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21614
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS RELATED TO PENSIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CURRENT PORTION OF LONG-TERM DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LONG-TERM DEBT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07866245
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01536364
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01151509
IRS990ScheduleD/TotalExpensesPerForm990Amt06565378
IRS990ScheduleD/TotalLiabilityAmt0211392
IRS990ScheduleD/TotalRevenuePerForm990Amt07866245
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07866245
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06565378
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0GRANTS RECEIVED UNDER THE U.S. DEPARTMENT OF EDUCATION PUBLIC CHARTER SCHOOL GRANT PROGRAM, SHELBY COUNTY TENNESSEE PER PUPIL ALLOCATION, AND TITLE I GRANTS TO LOCAL AGENCIES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UPON PREPARATION BY AN INDEPENDENT ACCOUNTING FIRM, THE RETURN IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTORS SIGN A STATEMENT ANNUALLY CONFIRMING THEIR COMPLIANCE WITH THE CONFLICTS OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR A POSITION IS DETERMINED AS TO WHAT IS REASONABLE FOR THE EXPERIENCE, EXPERTISE, GEOGRAPHY, AND NEEDS OF THE ORGANIZATION. COMPENSATION IS REVIEWED BY THE BOARD FINANCE COMMITTEE AND DISCUSSED AND VOTED ON AT BOARD MEETINGS. THE RESULTING DECISION IS RECORDED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S TAX DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 905,124. MANAGEMENT AND GENERAL EXPENSES 534,928. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,440,052.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PRIOR PERIOD ADJUSTMENT FOR PRESCHOOL 1,243,248.
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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0PEREA ELEMENTARY SCHOOL
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0THE PEREA PRESCHOOL INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0621786600
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt01199874
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0PRESCHOOL
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt050876
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt01250 VOLLINTINE AVE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0MEMPHIS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd038107
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,215,137
Liabilities
$539,812
Net assets
$5,675,325
Revenue
$7,866,245
Expenses
$6,565,378
Net income
$1,300,867
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.52$0.97$6.55$7.89$8.02$0.13
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.68$1.00$6.68$8.58$7.58$1.00
2023Detailed filing. Detailed filing data is available for this year.$6.22$0.54$5.68$7.87$6.57$1.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.45$1.32$3.13$4.77$3.82$0.96
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$0.32$2.18$3.60$2.88$0.72
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.73$0.27$1.46$2.59$2.46$0.14
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.01$0.60$0.78$0.18$0.60