Civic Intelligence

Spring Educational Services Inc.

990 • Fiscal year 2021 • EIN 84-2882958

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

Organization Profilespringeducationalservices.org
11485 Bentham CTJohns Creek, GA 30005

(404) 427-1473

Siviq Scores

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

Liabilities / Assets

94th percentile

0.93x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

35th percentile

-0.1%

Higher net margin than 35% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets94th percentile

Assets

$1,512

No earlier filing loaded for comparison.

Net Assets

$107

No earlier filing loaded for comparison.

Liabilities

$1,405

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin35th percentile

Revenue

$112,253

No earlier filing loaded for comparison.

Expenses

$112,360

No earlier filing loaded for comparison.

Net Income

-$107

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$40K$30K$20K$10K$0Assets 2021: $1,512Liabilities 2021: $1,405Net Assets 2021: $1072021Assets 2022: $8,095Liabilities 2022: $0Net Assets 2022: $8,0952022Assets 2023: $38,213Liabilities 2023: $0Net Assets 2023: $38,2132023Assets 2024: $30,750Liabilities 2024: $0Net Assets 2024: $30,7502024

Highlighted filing

2021

Assets$1,512
Liabilities$1,405
Net Assets$107
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$800K$600K$400K$200K$0-$200KRevenue 2021: $112,253Expenses 2021: $112,360Net Income 2021: -$1072021Revenue 2022: $302,188Expenses 2022: $305,150Net Income 2022: -$2,9622022Revenue 2023: $541,782Expenses 2023: $511,664Net Income 2023: $30,1182023Revenue 2024: $649,992Expenses 2024: $657,455Net Income 2024: -$7,4632024

Highlighted filing

2021

Revenue$112,253
Expenses$112,360
Net Income-$107
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$112,253
Mission and Program Overview

Mission

Promote weekend school, summer and winter camps, community service programs, homeschooling and character education.

See organizations primary purposes

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$1,512-
Total Assets$0$1,512▲ $1,512
Liabilities
Other Liabilities-$1,405-
Total Liabilities$0$1,405▲ $1,405
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$107-
Total Net Assets Fund Balance$0$107▲ $107
Total Liabilities and Net Assets / Fund Balance$0$1,512▲ $1,512
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Mehmet K KorucuPresident
Sumeyra CokavciSecretary
Numan OzdemirTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$96,710
Program Service Revenue
$15,543
Investment Income
$0
Other Revenue
$0
All Other Contributions
$96,710
Change in Net Assets
$-107
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$83,725
Salaries, Compensation, and Employee Benefits$28,635
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$77,295--$77,295
Other Salaries and Wages$21,280$5,320-$26,600
Travel$4,399$1,099-$5,498
Payroll Taxes$1,628$407-$2,035
Fees for Services Management-$932-$932
Total Functional Expenses$104,602$7,758$0$112,360
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,405
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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

Part VI Line 11B

“The board of directors reviews the form 990 prior to filing.”

Part VI Line 15A or B

“Board reviews comparable statistics for the industry.”

Part VI Line 15A or B

“Descripton of process for determining compensation.”

Part VI Line 18

“Organization makes its documents available upon request.”

Part VI Line 19

“Organization makes its documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Spring Educational Services Inc
EIN
84-2882958
In Care Of
% Mehmet K KORUCU
Phone
4044271473
Address
11485 BENTHAM CT, Johns Creek, GA 30005

Signing Officer

Name
Mehmet K Korucu
Title
President
Phone
4044271473
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mehmet K Korucu
Formed
2019
Legal Domicile
Ga
Voting Board Members
3
Independent Board Members
3
Employees
2
Volunteers
12

Preparer

Firm
Confidence Accounting Services LLC
Address
345 CLIFTON AVE, CLIFTON, NJ 07011-2618
Preparer
James Guest
Phone
2014066825
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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 BOARD OF DIRECTORS REVIEWS THE FORM 990 PRIOR TO FILING.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTON OF PROCESS FOR DETERMINING COMPENSATION.
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ReturnHeader/ReturnTs02022-11-15T11:47:48-06:00
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,512
Liabilities
$1,405
Net assets
$107
Revenue
$112,253
Expenses
$112,360
Net income
-$107
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.00$0.31$6.50$6.57$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.00$0.38$5.42$5.12$0.30
2022Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$3.02$3.05$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.02$0.01$0.00$1.12$1.12$0.00