Civic Intelligence

Wilmington Community School Inc

EIN 82-3919412 • 501(c)3 • Currie, NC

990-N Coverage

Profile

Wilmington Cooperative School primary program is the operation of a homeschool co-op.

703 Lacers WayCurrie, NC 28435

www.learnfreely.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

8th percentile

-132%

Higher net margin than 8% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

16th percentile

-68%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

9th percentile

-83%

Faster revenue growth than 9% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$6,725

Down $14,542 (-68%) from 2019

Liabilities

Down

$0

Down $706 (-100%) from 2019

Net Assets

Down

$6,725

Down $13,836 (-67%) from 2019

Operations
Liabilities / Revenue62nd percentileNet Margin8th percentile

Revenue

Down

$14,415

Down $72,582 (-83%) from 2019

Expenses

Down

$33,501

Down $50,475 (-60%) from 2019

Net Income

Down

-$19,086

Down $22,107 (-732%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth16th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2018: $13,734Liabilities 2018: $0Net Assets 2018: $13,7342018Assets 2019: $21,267Liabilities 2019: $706Net Assets 2019: $20,5612019Assets 2020: $6,725Liabilities 2020: $0Net Assets 2020: $6,7252020

Highlighted filing

2020

Assets$6,725
Liabilities$0
Net Assets$6,725
Open 2020 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2018: $63,119Expenses 2018: $60,991Net Income 2018: $2,1282018Revenue 2019: $86,997Expenses 2019: $83,976Net Income 2019: $3,0212019Revenue 2020: $14,415Expenses 2020: $33,501Net Income 2020: -$19,0862020

Highlighted filing

2020

Revenue$14,415
Expenses$33,501
Net Income-$19,086
Open 2020 Filing

Filings

Most recent year

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

Open filing
Assets
$6,725
Liabilities
$0
Net assets
$6,725
Revenue
$14,415
Expenses
$33,501
Net income
-$19,086
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$6.73$0.00$6.73$14.4$33.5$19.1
2019Detailed filing. Detailed filing data is available for this year.$21.3$0.71$20.6$87.0$84.0$3.02
2018Summary only. Only limited summary data is available for this year.$13.7$0.00$13.7$63.1$61.0$2.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 8, 2023
Return Version
2020v4.2
Gross Receipts
$14,415
Mission and Program Overview

Mission

Wilmington Cooperative School primary program is the operation of a homeschool co-op.

WilmingtonCommunitySchool'sprimarypurposeistooperateahomeschoolingco-op.

Program Services

DescriptionGrantsExpenses
Homeschoolco-opoperations$0$33,501
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kini JohnsonPresident-$0--
Azure BednarcikTreasurer & Secretary-$0--
Amanda BabineauDirector-$0--
Courtney MathesonDirector-$0--
Jillian BretzDirector-$0--
Filing and Contact Details

Filer

Filer Name
Wilmington Community School Inc
EIN
82-3919412
In Care Of
% Azure Bednarcik
Address
703 LACERS WAY, CURRIE, NC 28435

Signing Officer

Name
Azure Bednarcik
Title
Treasurer & Secretary
Signed
2023-03-08
Discuss with paid preparer
Yes

Preparer

Preparer
Vera Wilson
Phone
9193951829
Supplemental Narrative

Additional Explanations

Part I, line 8

“| Other Revenues:, Amount:| Activity fees, $100|”

Part I, line 16

“| Other Expenses:, Amount:| Taxes and licenses, $383| Classroom Supplies, $109| Miscellaneous expenses, $125|”

Part I, line 20

“| Explanation:, Amount:| Prior period adjustments to A R, $5250|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| , $706, $0|”

Raw XML Appendix212 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Revenues:, Amount:| Activity fees, $100|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Taxes and licenses, $383| Classroom Supplies, $109| Miscellaneous expenses, $125|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, Amount:| Prior period adjustments to A R, $5250|
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Azure Bednarcik
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer & Secretary
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WILMINGTON COMMUNITY SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0WILM
ReturnHeader/Filer/EIN0823919412
ReturnHeader/Filer/ForeignPhoneNum09193531546
ReturnHeader/Filer/InCareOfNm0% Azure Bednarcik
ReturnHeader/Filer/USAddress/AddressLine1Txt0703 LACERS WAY
ReturnHeader/Filer/USAddress/CityNm0CURRIE
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ReturnHeader/PreparerPersonGrp/PhoneNum09193951829
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Vera Wilson
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-03-08T08:47:25-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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