Civic Intelligence

Providence Academy

990 • Fiscal year 2022 • EIN 83-0795310

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

Organization ProfileWWW.PROVIDENCECLE.COM
12193 W Pleasant Valley RoadParma, OH 44130

(440) 382-0745

Siviq Scores

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

Liabilities / Assets

96th percentile

1.51x

Higher debt load relative to assets than 96% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

83rd percentile

0.12x

Higher debt load relative to revenue than 83% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

31st percentile

-5.7%

Higher net margin than 31% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

91st percentile

$43,769

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 11.9% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

14th percentile

-35%

Faster asset growth than 14% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

79th percentile

75%

Faster revenue growth than 79% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$28,747

Down $15,414 (-35%) from 2021

Net Assets

Down

-$14,535

Down $25,252 (-236%) from 2021

Liabilities

Up

$43,282

Up $9,838 (+29%) from 2021

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin31st percentile

Revenue

Up

$367,514

Up $157,241 (+75%) from 2021

Expenses

Up

$388,414

Up $180,837 (+87%) from 2021

Net Income

Down

-$20,900

Down $23,596 (-875%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$300K$200K$100K$0-$100KAssets 2019: $22,140Liabilities 2019: $80Net Assets 2019: $22,0602019Assets 2020: $28,933Liabilities 2020: $20,913Net Assets 2020: $8,0202020Assets 2021: $44,161Liabilities 2021: $33,444Net Assets 2021: $10,7172021Assets 2022: $28,747Liabilities 2022: $43,282Net Assets 2022: -$14,5352022Assets 2023: $30,482Liabilities 2023: $33,122Net Assets 2023: -$2,6402023Assets 2024: $197,230Liabilities 2024: $35,019Net Assets 2024: $162,2112024Assets 2025: $295,187Liabilities 2025: $24,761Net Assets 2025: $270,4262025

Highlighted filing

2022

Assets$28,747
Liabilities$43,282
Net Assets-$14,535
Open 2022 Filing

Operations Trend

Revenue Growth79th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2019: $45,181Expenses 2019: $23,121Net Income 2019: $22,0602019Revenue 2020: $119,486Expenses 2020: $133,526Net Income 2020: -$14,0402020Revenue 2021: $210,273Expenses 2021: $207,577Net Income 2021: $2,6962021Revenue 2022: $367,514Expenses 2022: $388,414Net Income 2022: -$20,9002022Revenue 2023: $451,526Expenses 2023: $439,631Net Income 2023: $11,8952023Revenue 2024: $641,177Expenses 2024: $471,098Net Income 2024: $170,0792024Revenue 2025: $697,968Expenses 2025: $591,068Net Income 2025: $106,9002025

Highlighted filing

2022

Revenue$367,514
Expenses$388,414
Net Income-$20,900
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$367,514
Mission and Program Overview

Mission

Equipping students with the wisdom to distinguish the true, the good, and the beautiful for the glory of christ.

Classical christian school enrolling students in grades k-12

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$25,000$31,500▲ $6,500
Land, Buildings, and Equipment, Net$25,292$21,204▼ $4,088
Cash and Non-Interest-Bearing Accounts$7,642$7,043▼ $599
Savings and Temporary Cash Investments$500$500→ $0
Prepaid Expenses and Deferred Charges$500$0▼ $500
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$10,717$-14,535▼ $25,252
Total Assets$44,161$28,747▼ $15,414
Other Assets Total$10,227$0▼ $10,227
Liabilities
Accounts Payable and Accrued Expenses$1,619$8,017▲ $6,398
Other Liabilities$6,825$3,765▼ $3,060
Total Liabilities$33,444$43,282▲ $9,838
Net Assets / Fund Balance
Total Net Assets Fund Balance$10,717$-14,535▼ $25,252
Total Liabilities and Net Assets / Fund Balance$44,161$28,747▼ $15,414

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$21,204$11,344$32,548
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Oleh ZhakunetsHead of SchoolFT$43,769$43,769

Board Members and Trustees

NameTitle
Ivan BilskiyChairman
Taras BilskiyDirector
Paul YakovetsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$73,041
Program Service Revenue
$294,473
Investment Income
$0
Other Revenue
$0
All Other Contributions
$72,706
Change in Net Assets
$-20,900
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$197,635
Other Expenses$96,479
Grants and Similar Amounts Paid$94,300
Total Fundraising Expense$10,784
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$133,880--$133,880
Grants to Domestic Individuals$94,300--$94,300
Current Officers, Directors, Trustees, and Key Employees$30,711$8,775$4,387$43,873
Occupancy$25,451$7,272$3,636$36,359
Payroll Taxes$18,244$380$380$19,004
All Other Expenses$4,546$1,864-$6,410
Office Expenses$3,025$2,420$605$6,050
Fees for Services Other$5,595--$5,595
Depreciation Depletion$5,322--$5,322
Other Expenses$4,841--$4,841
Advertising$1,719-$1,719$3,438
Other Employee Benefits$878--$878
Fees for Services Legal-$690-$690
Insurance$398$114$57$569
Total Functional Expenses$356,115$21,515$10,784$388,414
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
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$25,000$31,500▲ $6,500
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$3,765
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
No
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 A, Line 2

“Taras bilskiy and ivan bilskiy are brothers”

Form 990, Part VI, Section A, Line 8B

“There were no committees during current fiscal year”

Form 990, Part VI, Section B, Line 11B

“The organization provided a complete copy of the form 990 to all members of the board for review and commenting prior to filing.”

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

“Board members attest annually that they have read providence academy's board conflict of interest policy and agree to comply fully with its terms and conditions. Signed disclosures of actual or potential conflicts of interest are provided to the board president in writing anually.”

Form 990, Part VI, Section B, Line 15A

“Compensation of the head of school is discussed and voted on during board meeting.”

Form 990, Part VI, Section C, Line 18

“Providence academy's form 1023 and form 990 are available for public inspection upon written request.”

Form 990, Part VI, Section C, Line 19

“Organization makes its governing documents, conflict of interest policy, and financial information to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Providence Academy
EIN
83-0795310
Phone
4403820745
Address
12193 W PLEASANT VALLEY ROAD, PARMA, OH 44130

Signing Officer

Name
Oleh Zhakunets
Title
Head of School
Phone
4403820745
Signed
2023-05-15

Organization Details

Principal Officer
Oleh Zhakunets
Formed
2018
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
3
Employees
7
Volunteers
0
Raw XML AppendixShowing 400 of 416 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01619
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt08017
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CLASSICAL CHRISTIAN SCHOOL ENROLLING STUDENTS IN GRADES K-12
IRS990/AdvertisingGrp/FundraisingAmt01719
IRS990/AdvertisingGrp/ProgramServicesAmt01719
IRS990/AdvertisingGrp/TotalAmt03438
IRS990/AllOtherContributionsAmt072706
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01864
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04546
IRS990/AllOtherExpensesGrp/TotalAmt06410
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0OLEH ZHAKUNETS
IRS990/BooksInCareOfDetail/PhoneNum04403820745
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt012193 W PLEASANT VALLEY RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0PARMA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044130
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt07642
IRS990/CashNonInterestBearingGrp/EOYAmt07043
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt04387
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt08775
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt030711
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt043873
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt0335
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt073041
IRS990/CYGrantsAndSimilarPaidAmt094300
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt096479
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0294473
IRS990/CYRevenuesLessExpensesAmt0-20900
IRS990/CYSalariesCompEmpBnftPaidAmt0197635
IRS990/CYTotalExpensesAmt0388414
IRS990/CYTotalFundraisingExpenseAmt010784
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0367514
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt05322
IRS990/DepreciationDepletionGrp/TotalAmt05322
IRS990/Desc0OPERATE AS A CLASSICAL AND CHRISTIAN SCHOOL BY MAINTAINING A REGULARLY ENROLLED STUDENT BODY, ESTABLISH CURRICULUM, AND FULL-TIME FACULTY. 19 STUDENTS WERE ENROLLED IN GRADES K THROUGH 5 DURING 2022 FISCAL YEAR.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0356115
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0690
IRS990/FeesForServicesLegalGrp/TotalAmt0690
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05595
IRS990/FeesForServicesOtherGrp/TotalAmt05595
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt350.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0IVAN BILSKIY
IRS990/Form990PartVIISectionAGrp/PersonNm1PAUL YAKOVETS
IRS990/Form990PartVIISectionAGrp/PersonNm2TARAS BILSKIY
IRS990/Form990PartVIISectionAGrp/PersonNm3OLEH ZHAKUNETS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt343769
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3HEAD OF SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt0335
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt094300
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt094300
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt094300
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0367514
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt057
IRS990/InsuranceGrp/ManagementAndGeneralAmt0114
IRS990/InsuranceGrp/ProgramServicesAmt0398
IRS990/InsuranceGrp/TotalAmt0569
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011344
IRS990/LandBldgEquipBasisNetGrp/BOYAmt025292
IRS990/LandBldgEquipBasisNetGrp/EOYAmt021204
IRS990/LandBldgEquipCostOrOtherBssAmt032548
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt025000
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt031500
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0EQUIPPING STUDENTS WITH THE WISDOM TO DISTINGUISH THE TRUE, THE GOOD, AND THE BEAUTIFUL FOR THE GLORY OF CHRIST.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt010717
IRS990/NetAssetsOrFundBalancesEOYAmt0-14535
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt03636
IRS990/OccupancyGrp/ManagementAndGeneralAmt07272
IRS990/OccupancyGrp/ProgramServicesAmt025451
IRS990/OccupancyGrp/TotalAmt036359
IRS990/OfficeExpensesGrp/FundraisingAmt0605
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02420
IRS990/OfficeExpensesGrp/ProgramServicesAmt03025
IRS990/OfficeExpensesGrp/TotalAmt06050
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010227
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0878
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0878
IRS990/OtherExpensesGrp/Desc0OTHER MISC EXPENSES
IRS990/OtherExpensesGrp/Desc1CURRICULUM
IRS990/OtherExpensesGrp/Desc2CLASSROOM SUPPLIES AND
IRS990/OtherExpensesGrp/Desc3MEALS
IRS990/OtherExpensesGrp/ProgramServicesAmt010920
IRS990/OtherExpensesGrp/ProgramServicesAmt110703
IRS990/OtherExpensesGrp/ProgramServicesAmt25582
IRS990/OtherExpensesGrp/ProgramServicesAmt34841
IRS990/OtherExpensesGrp/TotalAmt010920
IRS990/OtherExpensesGrp/TotalAmt110703
IRS990/OtherExpensesGrp/TotalAmt25582
IRS990/OtherExpensesGrp/TotalAmt34841
IRS990/OtherLiabilitiesGrp/BOYAmt06825
IRS990/OtherLiabilitiesGrp/EOYAmt03765
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0133880
IRS990/OtherSalariesAndWagesGrp/TotalAmt0133880
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0380
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0380
IRS990/PayrollTaxesGrp/ProgramServicesAmt018244
IRS990/PayrollTaxesGrp/TotalAmt019004
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0OLEH ZHAKUNETS
IRS990/PriorPeriodAdjustmentsAmt0-4352
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/BusinessCd3611110
IRS990/ProgramServiceRevenueGrp/BusinessCd4611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITIONS
IRS990/ProgramServiceRevenueGrp/Desc1ENROLLMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc2OTHER SCHOOL FEES
IRS990/ProgramServiceRevenueGrp/Desc3APPLICATION FEE
IRS990/ProgramServiceRevenueGrp/Desc4LUNCH FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0276435
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27524
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3975
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4539
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0276435
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27524
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3975
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4539
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt080247
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt042286
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt056331
IRS990/PYOtherRevenueAmt0-2293
IRS990/PYProgramServiceRevenueAmt0132319
IRS990/PYRevenuesLessExpensesAmt02696
IRS990/PYSalariesCompEmpBnftPaidAmt0108960
IRS990/PYTotalExpensesAmt0207577
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0210273
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-20900
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0294473
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt010717
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-14535
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0500
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0500
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/OtherLandBuildingsGrp/BookValueAmt021204
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011344
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt032548
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03765
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED REVENUE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021204
IRS990ScheduleD/TotalLiabilityAmt03765
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATION POLICY ON ITS WEBSITE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION DISCOUNT/FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt094300
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0TUITION DISCOUNT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt025
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ASSISTANCE TO INDIVIDUALS CONSISTS OF TUITION DISCOUNTS VALUED AT FAIR MARKET VALUE AND APPLIED TO THE TUITIONS OF EACH QUALIFIED STUDENT. NO CASH ASSISTANCE HAS BEEN GIVEN.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt024500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt17000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt018000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt17000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0IVAN BILSKIY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1PAUL YAKOVETS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/TotalBalanceDueAmt031500
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TARAS BILSKIY AND IVAN BILSKIY ARE BROTHERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE WERE NO COMMITTEES DURING CURRENT FISCAL YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDED A COMPLETE COPY OF THE FORM 990 TO ALL MEMBERS OF THE BOARD FOR REVIEW AND COMMENTING PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS ATTEST ANNUALLY THAT THEY HAVE READ PROVIDENCE ACADEMY'S BOARD CONFLICT OF INTEREST POLICY AND AGREE TO COMPLY FULLY WITH ITS TERMS AND CONDITIONS. SIGNED DISCLOSURES OF ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ARE PROVIDED TO THE BOARD PRESIDENT IN WRITING ANUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF THE HEAD OF SCHOOL IS DISCUSSED AND VOTED ON DURING BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROVIDENCE ACADEMY'S FORM 1023 AND FORM 990 ARE AVAILABLE FOR PUBLIC INSPECTION UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL INFORMATION TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt044161
IRS990/TotalAssetsEOYAmt028747
IRS990/TotalAssetsGrp/BOYAmt044161
IRS990/TotalAssetsGrp/EOYAmt028747
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt073041
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010784
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021515
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0356115
IRS990/TotalFunctionalExpensesGrp/TotalAmt0388414
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt033444
IRS990/TotalLiabilitiesEOYAmt043282
IRS990/TotalLiabilitiesGrp/BOYAmt033444
IRS990/TotalLiabilitiesGrp/EOYAmt043282
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010717
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-14535
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0356115
IRS990/TotalProgramServiceRevenueAmt0294473
IRS990/TotalReportableCompFromOrgAmt043769
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0294473
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0367514
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt044161
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt028747
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 29122
IRS990/USAddress/CityNm0PARMA
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044129
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.PROVIDENCECLE.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0OLEH ZHAKUNETS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEAD OF SCHOOL
ReturnHeader/BusinessOfficerGrp/PhoneNum04403820745

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,747
Liabilities
$43,282
Net assets
-$14,535
Revenue
$367,514
Expenses
$388,414
Net income
-$20,900
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.95$0.25$2.70$6.98$5.91$1.07
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.97$0.35$1.62$6.41$4.71$1.70
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.33$0.03$4.52$4.40$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.29$0.43$0.15$3.68$3.88$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.33$0.11$2.10$2.08$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.21$0.08$1.19$1.34$0.14
2019Summary only. Only limited summary data is available for this year.$0.22$0.00$0.22$0.45$0.23$0.22
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits