Civic Intelligence

Greenshade Schools Inc.

990 • Fiscal year 2014 • EIN 84-0753662

Aug 01, 2013 to Jul 31, 2014 • Filed on Nov 05, 2014

1019 West Cheyenne Road80906

(719) 632-2232

Siviq Scores

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

Liabilities / Assets

94th percentile

0.96x

Higher debt load relative to assets than 94% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

0.23x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

38th percentile

-0.9%

Higher net margin than 38% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

90th percentile

$43,000

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

47th percentile

0.3%

Faster asset growth than 47% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

44th percentile

-1.7%

Faster revenue growth than 44% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$115,175

Up $353 (+0.3%) from 2013

Net Assets

Down

$4,217

Down $4,206 (-50%) from 2013

Liabilities

Up

$110,958

Up $4,559 (+4.3%) from 2013

Revenue

Down

$488,909

Down $8,557 (-1.7%) from 2013

Expenses

Down

$493,115

Down $29,074 (-5.6%) from 2013

Net Income

Up

-$4,206

Up $20,517 (+83%) from 2013

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2010: $134,571Liabilities 2010: $91,500Net Assets 2010: $43,0712010Assets 2011: $127,003Liabilities 2011: $90,786Net Assets 2011: $36,2172011Assets 2012: $120,537Liabilities 2012: $87,391Net Assets 2012: $33,1462012Assets 2013: $114,822Liabilities 2013: $106,399Net Assets 2013: $8,4232013Assets 2014: $115,175Liabilities 2014: $110,958Net Assets 2014: $4,2172014Assets 2015: $104,081Liabilities 2015: $100,315Net Assets 2015: $3,7662015Assets 2016: $113,853Liabilities 2016: $94,640Net Assets 2016: $19,2132016Assets 2017: $121,511Liabilities 2017: $83,338Net Assets 2017: $38,1732017Assets 2018: $98,704Liabilities 2018: $86,722Net Assets 2018: $11,9822018Assets 2019: $126,889Liabilities 2019: $103,979Net Assets 2019: $22,9102019Assets 2020: $149,835Liabilities 2020: $150,917Net Assets 2020: -$1,0822020Assets 2021: $89,106Liabilities 2021: $64,540Net Assets 2021: $24,5662021Assets 2022: $114,336Liabilities 2022: $53,858Net Assets 2022: $60,4782022Assets 2023: $174,005Liabilities 2023: $45,037Net Assets 2023: $128,9682023Assets 2024: $138,794Liabilities 2024: $41,048Net Assets 2024: $97,7462024Assets 2025: $113,919Liabilities 2025: $32,409Net Assets 2025: $81,5102025

Highlighted filing

2014

Assets$115,175
Liabilities$110,958
Net Assets$4,217

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $569,023Expenses 2010: $586,631Net Income 2010: -$17,6082010Revenue 2011: $549,155Expenses 2011: $556,009Net Income 2011: -$6,8542011Revenue 2012: $565,581Expenses 2012: $568,652Net Income 2012: -$3,0712012Revenue 2013: $497,466Expenses 2013: $522,189Net Income 2013: -$24,7232013Revenue 2014: $488,909Expenses 2014: $493,115Net Income 2014: -$4,2062014Revenue 2015: $528,508Expenses 2015: $528,959Net Income 2015: -$4512015Revenue 2016: $582,739Expenses 2016: $567,292Net Income 2016: $15,4472016Revenue 2017: $614,530Expenses 2017: $595,570Net Income 2017: $18,9602017Revenue 2018: $552,714Expenses 2018: $578,905Net Income 2018: -$26,1912018Revenue 2019: $564,942Expenses 2019: $554,014Net Income 2019: $10,9282019Revenue 2020: $526,625Expenses 2020: $550,617Net Income 2020: -$23,9922020Revenue 2021: $394,691Expenses 2021: $369,043Net Income 2021: $25,6482021Revenue 2022: $402,737Expenses 2022: $366,825Net Income 2022: $35,9122022Revenue 2023: $388,412Expenses 2023: $319,921Net Income 2023: $68,4912023Revenue 2024: $274,170Expenses 2024: $305,392Net Income 2024: -$31,2222024Revenue 2025: $319,996Expenses 2025: $336,232Net Income 2025: -$16,2362025

Highlighted filing

2014

Revenue$488,909
Expenses$493,115
Net Income-$4,206
Jump To
Filing Snapshot
Filing Period
Aug 1, 2013 to Jul 31, 2014
Signed
Nov 5, 2014
Return Version
2013v3.1
Gross Receipts
$489,362
Mission and Program Overview

Mission

Preschool and education for children 4-12

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$105,514$101,840▼ $3,674
Cash and Non-Interest-Bearing Accounts$532$7,344▲ $6,812
Accounts Receivable$8,274$5,034▼ $3,240
Savings and Temporary Cash Investments$501$956▲ $455
Investments in Publicly Traded Securities$1$1→ $0
Total Assets$114,822$115,175▲ $353
Liabilities
Mortgage Notes Payable Secured by Investment Property$86,098$88,054▲ $1,956
Accounts Payable and Accrued Expenses$19,528$21,833▲ $2,305
Deferred Revenue$773$1,071▲ $298
Total Liabilities$106,399$110,958▲ $4,559
Net Assets / Fund Balance
Unrestricted Net Assets$8,423$4,217▼ $4,206
Total Net Assets Fund Balance$8,423$4,217▼ $4,206
Total Liabilities and Net Assets / Fund Balance$114,822$115,175▲ $353

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$41,868$259,189-
Other Land Buildings-$83,235-
Land$59,972--
Equipment-$88,449-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeanine BullisOperating DirectorFT$43,000$43,000

Board Members and Trustees

NameTitle
Amelia WalshPresident
Amy DerricksonDirector
Nina Rico-yanezDirector
Leanne KemperSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$488,097
Investment Income
$0
Other Revenue
$812
Change in Net Assets
$-4,206
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$337,669
Other Expenses$107,234
Grants and Similar Amounts Paid$48,212
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$248,540$19,500$0$268,040
Grants to Domestic Individuals$48,212--$48,212
Current Officers, Directors, Trustees, and Key Employees$10,750$32,250$0$43,000
Payroll Taxes$22,201$4,399$0$26,600
All Other Expenses$20,110$2,374$0$22,484
Occupancy$9,623$3,208$0$12,831
Insurance$9,562$3,187$0$12,749
Other Expenses$6,749$0$0$6,749
Interest$0$6,216$0$6,216
Depreciation Depletion$3,674$0$0$3,674
Fees for Services Accounting$0$2,860$0$2,860
Office Expenses$2,126$706$0$2,832
Advertising$65$0$0$65
Pension Plan Contributions$29$0$0$29
Total Functional Expenses$416,737$76,378$0$493,115
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,265
Fundraising Direct Expenses$453
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

EIN
84-0753662
Phone
7196322232

Signing Officer

Name
Jeanine Bullis
Title
Operating Director
Phone
7196322232
Signed
2014-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeanine Bullis
Formed
1978
Legal Domicile
Co
Voting Board Members
4
Independent Board Members
4
Employees
28
Volunteers
0

Preparer

Preparer
Paul S Nelson
Phone
7194440222
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

All members have the right to vote on significant changes in governing documents of the organization

Pt VI, Line 7A

All members of the organization have the right to elect members of the governing body

Pt VI, Line 7B

All members of theorganization have the right to approve or ratify decisions of the governing body

Pt VI, Line 8B

The organization committees do not have authority to act on behalf of the governing body

Pt VI, Line 11B

The 990 draft is reviewed by the executive director

Pt VI, Line 19

The documents are available upon request

Form 990, Part IX, Line 24F

Auto expense 5328. 4795. 533. 0. Bank charges 209. 209. 0. Conferences & meetings 228. 228. 0. 0. Contract labor 980. 980. 0. 0. Drug testing 192. 192. 0. 0. Licenses and fees 1847. 1847. 0. 0. Outside services 4076. 3668. 408. 0. Penalties 2259. 2259. 0. 0. Postage and delivery 123. 92. 31. 0. Printing 17. 17. 0. 0. Promotion and gifts 553. 498. 55. 0. Telephone 3448. 2586. 862. 0. Late payments 127. 127. 0. 0. Repairs and maintenance 2757. 2481. 276. 0. Professional development 340. 340. 0. 0.

Raw XML Appendix399 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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IRS990ScheduleD/TotalBookValueLandBuildingsAmt0101840
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NON-DISCRIMINATION POLICY IS MENTIONED IN RADIO AD, ON LOCAL TELEVISION STATION AND HIGHLIGHTED IN SCHOOL BROCHURE
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1LINE 6A-YES FINANCIAL ASSISTANCE FROM THE DEPARTMENT OF SOCIAL SERVICES
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt048212
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0CHILDCARE ASSISTANCE PROGRAM AIDS IN PROVIDING SCHOLARSHIP FUNDS FOR CHILDRENS TO ATTEND THE SCHOOL
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt024
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc00
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS ARE IN THE FORM OF TUITION CREDITS SO THERE ARE NO GRANT FUNDS TO MONITOR
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL MEMBERS HAVE THE RIGHT TO VOTE ON SIGNIFICANT CHANGES IN GOVERNING DOCUMENTS OF THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS OF THE ORGANIZATION HAVE THE RIGHT TO ELECT MEMBERS OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS OF THEORGANIZATION HAVE THE RIGHT TO APPROVE OR RATIFY DECISIONS OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION COMMITTEES DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 990 DRAFT IS REVIEWED BY THE EXECUTIVE DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AUTO EXPENSE 5328. 4795. 533. 0. BANK CHARGES 209. 209. 0. CONFERENCES & MEETINGS 228. 228. 0. 0. CONTRACT LABOR 980. 980. 0. 0. DRUG TESTING 192. 192. 0. 0. LICENSES AND FEES 1847. 1847. 0. 0. OUTSIDE SERVICES 4076. 3668. 408. 0. PENALTIES 2259. 2259. 0. 0. POSTAGE AND DELIVERY 123. 92. 31. 0. PRINTING 17. 17. 0. 0. PROMOTION AND GIFTS 553. 498. 55. 0. TELEPHONE 3448. 2586. 862. 0. LATE PAYMENTS 127. 127. 0. 0. REPAIRS AND MAINTENANCE 2757. 2481. 276. 0. PROFESSIONAL DEVELOPMENT 340. 340. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CO
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0114822
IRS990/TotalAssetsEOYAmt0115175
IRS990/TotalAssetsGrp/BOYAmt0114822
IRS990/TotalAssetsGrp/EOYAmt0115175
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt076378
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0416737
IRS990/TotalFunctionalExpensesGrp/TotalAmt0493115
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0106399
IRS990/TotalLiabilitiesEOYAmt0110958
IRS990/TotalLiabilitiesGrp/BOYAmt0106399
IRS990/TotalLiabilitiesGrp/EOYAmt0110958
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08423
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04217
IRS990/TotalProgramServiceExpensesAmt0416737
IRS990/TotalProgramServiceRevenueAmt0488097
IRS990/TotalReportableCompFromOrgAmt043000
IRS990/TotalRevenueGrp/ExclusionAmt0812
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0488097
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0488909
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0114822
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0115175
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt08423
IRS990/UnrestrictedNetAssetsGrp/EOYAmt04217
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101019 W CHEYENNE ROAD
IRS990/USAddress/City0COLORADO SPRINGS
IRS990/USAddress/State0CO
IRS990/USAddress/ZIPCode080906
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEANINE BULLIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OPERATING DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07196322232
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine10GREENSHADE SCHOOLS INC
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0840753662
ReturnHeader/Filer/PhoneNum07196322232
ReturnHeader/Filer/USAddress/AddressLine101019 WEST CHEYENNE ROAD
ReturnHeader/Filer/USAddress/City0COLORADO SPRINGS
ReturnHeader/Filer/USAddress/State0CO
ReturnHeader/Filer/USAddress/ZIPCode080906
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Nelson & Company PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10116 South 8th Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Colorado Springs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode080905
ReturnHeader/PreparerPersonGrp/PhoneNum07194440222
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL S NELSON
ReturnHeader/ReturnTs02014-11-05T13:58:56-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-08-01
ReturnHeader/TaxPeriodEndDt02014-07-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.14$0.32$0.82$3.20$3.36$0.16
2024Detailed filing. Detailed filing data is available for this year.$1.39$0.41$0.98$2.74$3.05$0.31
2023Detailed filing. Detailed filing data is available for this year.$1.74$0.45$1.29$3.88$3.20$0.68
2022Detailed filing. Detailed filing data is available for this year.$1.14$0.54$0.60$4.03$3.67$0.36
2021Detailed filing. Detailed filing data is available for this year.$0.89$0.65$0.25$3.95$3.69$0.26
2020Detailed filing. Detailed filing data is available for this year.$1.50$1.51$0.01$5.27$5.51$0.24
2019Summary only. Only limited summary data is available for this year.$1.27$1.04$0.23$5.65$5.54$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.99$0.87$0.12$5.53$5.79$0.26
2017Detailed filing. Detailed filing data is available for this year.$1.22$0.83$0.38$6.15$5.96$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.14$0.95$0.19$5.83$5.67$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.04$1.00$0.04$5.29$5.29$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.15$1.11$0.04$4.89$4.93$0.04
2013Summary only. Only limited summary data is available for this year.$1.15$1.06$0.08$4.97$5.22$0.25
2012Summary only. Only limited summary data is available for this year.$1.21$0.87$0.33$5.66$5.69$0.03
2011Summary only. Only limited summary data is available for this year.$1.27$0.91$0.36$5.49$5.56$0.07
2010Summary only. Only limited summary data is available for this year.$1.35$0.92$0.43$5.69$5.87$0.18