Civic Intelligence

Success Gateway Academy Ltd.

990EZ • Fiscal year 2022 • EIN 83-2910442

Jul 01, 2021 to Jun 30, 2022 • Filed on Sep 05, 2023

3102 Loring Road NWKennesaw, GA 30152

(770) 626-2558

Siviq Scores

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

Liabilities / Assets

99th percentile

6.35x

Higher debt load relative to assets than 99% of similar nonprofits.

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

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

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

Net Margin

33rd percentile

-3.8%

Higher net margin than 33% of similar nonprofits.

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

Top Officer Pay

92nd percentile

$48,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 47.2% of source-year revenue.

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

Asset Growth

4th percentile

-90%

Faster asset growth than 4% of similar nonprofits.

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

Revenue Growth

59th percentile

20%

Faster revenue growth than 59% of similar nonprofits.

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

Assets

Down

$3,371

Down $31,915 (-90%) from 2021

Net Assets

-$18,021

No earlier filing loaded for comparison.

Liabilities

Down

$21,392

Down $28,055 (-57%) from 2021

Revenue

Up

$101,791

Up $17,235 (+20%) from 2021

Expenses

Up

$105,651

Up $23,189 (+28%) from 2021

Net Income

Down

-$3,860

Down $5,954 (-284%) from 2021

Historical Trend

Balance Sheet Trend

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

$50K$0-$50KAssets 2019: $4,440Liabilities 2019: $12,7012019Assets 2020: $418Liabilities 2020: $16,6732020Assets 2021: $35,286Liabilities 2021: $49,4472021Assets 2022: $3,371Liabilities 2022: $21,392Net Assets 2022: -$18,0212022Assets 2023: $3,377Liabilities 2023: $35,986Net Assets 2023: -$32,6092023Assets 2024: $5,426Liabilities 2024: $42,571Net Assets 2024: -$37,1452024

Highlighted filing

2022

Assets$3,371
Liabilities$21,392
Net Assets-$18,021

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2019: $0Expenses 2019: $8,261Net Income 2019: -$8,2612019Revenue 2020: $30,790Expenses 2020: $38,784Net Income 2020: -$7,9942020Revenue 2021: $84,556Expenses 2021: $82,462Net Income 2021: $2,0942021Revenue 2022: $101,791Expenses 2022: $105,651Net Income 2022: -$3,8602022Revenue 2023: $116,242Expenses 2023: $130,830Net Income 2023: -$14,5882023Revenue 2024: $138,943Expenses 2024: $143,479Net Income 2024: -$4,5362024

Highlighted filing

2022

Revenue$101,791
Expenses$105,651
Net Income-$3,860
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Sep 5, 2023
Return Version
2021v4.0
Gross Receipts
$101,791
Mission and Program Overview

Mission

Educational program for students with sensory attention and learning difficulties.

Program Services

DescriptionGrantsExpenses
The program administers core curriculum to students who struggle in a traditional classroom. Organizational social and study skills are incorporated into the program. This is our 3rd year with 9 students for 180 days of classes. The goal is to expand the program each year to serve more students.$0$74,650
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christine L PricePresidentFT$48,000-$48,000
Rita SchuchardtSecretary-$0--
Kelly DrawdyTreasurer-$0--
Kwame FiakpornooMember At Large-$0--
Filing and Contact Details

Filer

Filer Name
Success Gateway Academy Ltd
EIN
83-2910442
In Care Of
% Christine Price
Address
3102 Loring Road NW, Kennesaw, GA 30152

Signing Officer

Name
Christine L Price
Title
President
Signed
2023-09-05
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part I, line 16

| Other Expenses:, Amount:| Educational Program: SIS Student Supplies Curriculum, $8041.00| General Office Supplies cleaning supplies etc, $13821.00| Marketing expenses, $1655.00| Internet Related Expenses, $1397.00| Insurance, $616.00| Online software payment processing fees professional associations general expense, $1492.00| Interest Expense, $500.00|

Part II, line 24

| Asset Name:, BOY Amount:, EOY Amount:| Security Deposit: Cobb EMC, 0, $500|

Part II, line 26

| Liabilities Name:, BOY Amount:, EOY Amount:| Pre-paid Tutition, $33775, $9775| Accounts Payable, $15672, $11617|

Part IV, List of Officers

| Employee Name:, Description:| Christine L Price, Holds the position of director and teacher|

Expenses (Part I),line 16

| Explanation:| See breakdown for other expense that includes educational program costs general office operating expenses marketing and internet related expenses.

Net Assets and Fund balances (Part II),line 26

| Explanation:| Loans to cover startup costs $10,000 and money borrowed from Christine Price President to cover overhead balance $1,616.88

Raw XML Appendix157 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 Expenses:, Amount:| Educational Program: SIS Student Supplies Curriculum, $8041.00| General Office Supplies cleaning supplies etc, $13821.00| Marketing expenses, $1655.00| Internet Related Expenses, $1397.00| Insurance, $616.00| Online software payment processing fees professional associations general expense, $1492.00| Interest Expense, $500.00|
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Employee Name:, Description:| Christine L Price, Holds the position of director and teacher|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4| Explanation:| See breakdown for other expense that includes educational program costs general office operating expenses marketing and internet related expenses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5| Explanation:| Loans to cover startup costs $10,000 and money borrowed from Christine Price President to cover overhead balance $1,616.88
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ReturnHeader/ReturnTs02023-09-05T03:14:50-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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Filings