Civic Intelligence

Insight Colearning Center

990EZ • Fiscal year 2021 • EIN 82-4783777

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 12, 2021

1325 Arnette AveDurham, NC 27707-1601

(984) 888-0578

Siviq Scores

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

Liabilities / Assets

76th percentile

0.04x

Higher debt load relative to assets than 76% of similar nonprofits.

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

Liabilities / Revenue

69th percentile

0.01x

Higher debt load relative to revenue than 69% of similar nonprofits.

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

Net Margin

42nd percentile

1.5%

Higher net margin than 42% of similar nonprofits.

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

Top Officer Pay

86th percentile

$2,500

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

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

Asset Growth

39th percentile

-2.3%

Faster asset growth than 39% of similar nonprofits.

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

Revenue Growth

59th percentile

7.2%

Faster revenue growth than 59% of similar nonprofits.

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

Assets

Down

$20,294

Down $469 (-2.3%) from 2020

Net Assets

Up

$19,417

Up $15,031 (+343%) from 2020

Liabilities

Down

$877

Down $15,500 (-95%) from 2020

Revenue

Up

$102,163

Up $6,899 (+7.2%) from 2020

Expenses

Down

$100,632

Down $2,079 (-2.0%) from 2020

Net Income

Up

$1,531

Up $8,978 (+121%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2019: $11,833Liabilities 2019: $0Net Assets 2019: $11,8332019Assets 2020: $20,763Liabilities 2020: $16,377Net Assets 2020: $4,3862020Assets 2021: $20,294Liabilities 2021: $877Net Assets 2021: $19,4172021Assets 2022: $14,108Liabilities 2022: $10,583Net Assets 2022: $3,5252022Assets 2023: $23,954Liabilities 2023: $3,700Net Assets 2023: $20,2542023Assets 2024: $127,438Liabilities 2024: $33,624Net Assets 2024: $93,8142024Assets 2025: $95,275Liabilities 2025: $17,309Net Assets 2025: $77,9662025

Highlighted filing

2021

Assets$20,294
Liabilities$877
Net Assets$19,417

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2019: $54,676Expenses 2019: $45,003Net Income 2019: $9,6732019Revenue 2020: $95,264Expenses 2020: $102,711Net Income 2020: -$7,4472020Revenue 2021: $102,163Expenses 2021: $100,632Net Income 2021: $1,5312021Revenue 2022: $183,642Expenses 2022: $199,534Net Income 2022: -$15,8922022Revenue 2023: $268,088Expenses 2023: $251,359Net Income 2023: $16,7292023Revenue 2024: $472,590Expenses 2024: $398,279Net Income 2024: $74,3112024Revenue 2025: $599,391Expenses 2025: $615,239Net Income 2025: -$15,8482025

Highlighted filing

2021

Revenue$102,163
Expenses$100,632
Net Income$1,531
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 12, 2021
Return Version
2020v4.0
Gross Receipts
$102,163
Mission and Program Overview

Mission

Independent school for research-based high school education

Microschool for researchbased high school education

Program Services

DescriptionGrantsExpenses
See Schedule O for description-$98,821
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUSAN HAWSExecutive DirectorFT$2,500-$2,500
MICHAEL PRIMChairman-$0--
AMY PARRISHSecretary-$0--
THEA GALLITreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Insight Colearning Center
EIN
82-4783777
In Care Of
% Susan Haws
Phone
9848880578
Address
1325 Arnette Ave, Durham, NC 27707-1601

Signing Officer

Name
Susan Haws
Title
Executive Director
Phone
2068981109
Signed
2021-11-12
Discuss with paid preparer
Yes

Preparer

Preparer
Karen E Anderson
Phone
9197448644
Supplemental Narrative

Additional Explanations

Part I Line 16

Advertising and promotion $3147.00

Part I Line 16

Other office expenses $4558.00

Part I Line 16

Insurance $1620.00

Part I Line 16

Background checks $322.00

Part I Line 16

Licenses and fees $1100.00

Part I Line 16

Course exp, prof dev $20482.00

Part I Line 20

Forgiveness of PPP loan $13500.00

Part II Line 26

Accounts payable and accrued expenses. Beginning:$2877.00 Ending: $877.00

Part II Line 26

Unsecured notes and loans payable. Beginning:$13500.00 Ending: $0.00

Part I Line 16

Other office expenses $4558

Part I Line 16

Insurance $1620

Part I Line 16

Course expenses, prof dev $20482

Part I Line 16

Licenses and fees $1100

Part I Line 16

Background checks $322

Part I Line 16

Advertising and marketing $3147

Pt III Line 28

Comprehensive Micro High School Education program:

Pt III Line 28

In the 2020-21 school year, Insight operated a hybrid program due

Pt III Line 28

to the Covid-19 pandemic. Despite those constraints, we added a

Pt III Line 28

robust program of Outdoor Adventure Education, an experiential

Pt III Line 28

21st century work-based program, and several student workshops

Pt III Line 28

aimed at bolstering social and emotional skills that have been

Pt III Line 28

shown to enhance student well-being and achievement. We were

Pt III Line 28

grateful to our staff, students, and families for the flexibility,

Pt III Line 28

resilience and ongoing commitment they showed as we collaborated

Pt III Line 28

to continue our dynamic, learner-centered seminars, advising, and

Pt III Line 28

outdoor adventuring. In the spring of 2021, we secured a permanent

Pt III Line 28

space where we could grow our school and connect our students and

Pt III Line 28

staff with community-based organizations and projects. We joined

Pt III Line 28

the Scrap Exchange Reuse Arts District in Durham's West End, and

Pt III Line 28

opened for in-person classes for the last few months of the school

Pt III Line 28

year. Finally, Insight was honored to celebrate the graduation

Pt III Line 28

of three of our students at our very first in-person commencement

Pt III Line 28

ceremony. We could not be more enthusiastic about the high school

Pt III Line 28

graduates we are sending out into our community and beyond.

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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/ExplanationTxt0Advertising and promotion $3147.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Other office expenses $4558.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1620.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Background checks $322.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Licenses and fees $1100.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Course exp, prof dev $20482.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Forgiveness of PPP loan $13500.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts payable and accrued expenses. Beginning:$2877.00 Ending: $877.00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Other office expenses $4558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Insurance $1620
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Advertising and marketing $3147
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Comprehensive Micro High School Education program:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16In the 2020-21 school year, Insight operated a hybrid program due
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17to the Covid-19 pandemic. Despite those constraints, we added a
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18robust program of Outdoor Adventure Education, an experiential
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1921st century work-based program, and several student workshops
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20aimed at bolstering social and emotional skills that have been
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21shown to enhance student well-being and achievement. We were
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22grateful to our staff, students, and families for the flexibility,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23resilience and ongoing commitment they showed as we collaborated
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24to continue our dynamic, learner-centered seminars, advising, and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25outdoor adventuring. In the spring of 2021, we secured a permanent
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26space where we could grow our school and connect our students and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27staff with community-based organizations and projects. We joined
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt28the Scrap Exchange Reuse Arts District in Durham's West End, and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt29opened for in-person classes for the last few months of the school
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt30year. Finally, Insight was honored to celebrate the graduation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt31of three of our students at our very first in-person commencement
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt32ceremony. We could not be more enthusiastic about the high school
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt33graduates we are sending out into our community and beyond.
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ReturnHeader/ReturnTs02021-11-12T13:58:23-06:00
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