Civic Intelligence

Princeton Learning Experience International School

990 • Fiscal year 2021 • EIN 82-4771896

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 11, 2022

15 Garfield WayPrinceton, NJ 08540

(609) 356-3885

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.63x

Higher debt load relative to assets than 92% of similar nonprofits.

2021 filings • NTEE B • <$500k nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.09x

Higher debt load relative to revenue than 80% of similar nonprofits.

2021 filings • NTEE B • <$500k nonprofits • Source year 2021

Net Margin

44th percentile

4.2%

Higher net margin than 44% of similar nonprofits.

2021 filings • NTEE B20 • <$500k nonprofits • Source year 2021

Top Officer Pay

90th percentile

$37,000

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 16.9% of source-year revenue.

2021 filings • NTEE B20 • <$500k nonprofits • Source year 2021

Asset Growth

85th percentile

52%

Faster asset growth than 85% of similar nonprofits.

2021 filings • NTEE B • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

79th percentile

65%

Faster revenue growth than 79% of similar nonprofits.

2021 filings • NTEE B • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$29,687

Up $10,129 (+52%) from 2020

Net Assets

Up

$11,024

Up $9,243 (+519%) from 2020

Liabilities

Up

$18,663

Up $886 (+5.0%) from 2020

Revenue

Up

$218,810

Up $86,456 (+65%) from 2020

Expenses

Up

$209,567

Up $78,994 (+60%) from 2020

Net Income

Up

$9,243

Up $7,462 (+419%) from 2020

Historical Trend

Balance Sheet Trend

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

$40K$20K$0-$20KAssets 2019: $1Liabilities 2019: $02019Assets 2020: $19,558Liabilities 2020: $17,777Net Assets 2020: $1,7812020Assets 2021: $29,687Liabilities 2021: $18,663Net Assets 2021: $11,0242021Assets 2022: $8,288Liabilities 2022: $18,663Net Assets 2022: -$10,3752022Assets 2023: $10,376Liabilities 2023: $12,285Net Assets 2023: -$1,9092023Assets 2024: $16,749Liabilities 2024: $24,346Net Assets 2024: -$7,5972024

Highlighted filing

2021

Assets$29,687
Liabilities$18,663
Net Assets$11,024

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $132,354Expenses 2020: $130,573Net Income 2020: $1,7812020Revenue 2021: $218,810Expenses 2021: $209,567Net Income 2021: $9,2432021Revenue 2022: $128,708Expenses 2022: $150,107Net Income 2022: -$21,3992022Revenue 2023: $110,224Expenses 2023: $101,758Net Income 2023: $8,4662023Revenue 2024: $89,061Expenses 2024: $94,749Net Income 2024: -$5,6882024

Highlighted filing

2021

Revenue$218,810
Expenses$209,567
Net Income$9,243
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 11, 2022
Return Version
2021v4.0
Gross Receipts
$218,810
Mission and Program Overview

Mission

Provides free youth esl programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$19,558$29,687▲ $10,129
Loans From Officers Directors$5,134$18,663▲ $13,529
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$19,558$29,687▲ $10,129
Other Assets Total-$0-
Liabilities
Other Liabilities$12,643--
Total Liabilities$17,777$18,663▲ $886
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,781$11,024▲ $9,243
Total Net Assets Fund Balance$1,781$11,024▲ $9,243
Total Liabilities and Net Assets / Fund Balance$19,558$29,687▲ $10,129
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dong LuExecutive DirectorFT$37,000$37,000

Board Members and Trustees

NameTitle
Dillon JiangDirector
Henry JiangDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$50
Program Service Revenue
$218,760
Investment Income
$0
Other Revenue
$0
All Other Contributions
$50
Change in Net Assets
$9,243
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$158,742
Salaries, Compensation, and Employee Benefits$50,825
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$119,670$5,423-$125,093
Current Officers, Directors, Trustees, and Key Employees-$37,000-$37,000
Office Expenses$30,191--$30,191
Payroll Taxes-$13,825-$13,825
Other Expenses-$3,376-$3,376
Advertising-$82-$82
Total Functional Expenses$149,861$59,706$0$209,567
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$5,134$18,663▲ $13,529
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Line 11B: Form 990 Review Process

The tax returns will be reviewed by full board and quorum is required before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

ALL KEY EMPLOYEES AND BOARD OF DIRECTORS ARE required to SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY AND DECLARE ANY CONFLICTS TO THE BOARD CHAIRMAN & EXECUTIVE DIRECTOR AS THEY MAY OCCUR.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

the PRESIDENT and key employees' compensation are reviewed and approved ANNUALLY by the board of directors executive committee.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

all governing documents and financial statements are available upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Princeton Learning Experience
EIN
82-4771896
Phone
6093563885
Address
15 GARFIELD WAY, PRINCETON, NJ 08540

Signing Officer

Name
Dong Lu
Title
Executive Director
Signed
2022-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dong Lu
Formed
2018
Legal Domicile
Nj
Voting Board Members
3
Independent Board Members
2
Employees
1

Preparer

Firm
The Lieb Group LLP
Address
14 Bridge St, Metuchen, NJ 08840
Preparer
Bin Lin
Phone
7325788225
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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/ExplanationTxt0The tax returns will be reviewed by full board and quorum is required before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL KEY EMPLOYEES AND BOARD OF DIRECTORS ARE required to SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY AND DECLARE ANY CONFLICTS TO THE BOARD CHAIRMAN & EXECUTIVE DIRECTOR AS THEY MAY OCCUR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2the PRESIDENT and key employees' compensation are reviewed and approved ANNUALLY by the board of directors executive committee.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
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ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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