Civic Intelligence

Versademics Learning Centers

EIN 87-2049944 • 501(c)3 • Greenville, NC

Profile

SEE ATTACHMENT

2107 Evans St Ste DGreenville, NC 27834
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.34x

Higher debt load relative to assets than 95% of similar nonprofits.

NTEE B80 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.08x

Higher debt load relative to revenue than 84% of similar nonprofits.

NTEE B80 • <$500k nonprofits • Source year 2024

Net Margin

30th percentile

-3.3%

Higher net margin than 30% of similar nonprofits.

NTEE B80 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$21,540

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 11.3% of source-year revenue.

NTEE B80 • <$500k nonprofits • Source year 2024

Asset Growth

81st percentile

49%

Faster asset growth than 81% of similar nonprofits.

NTEE B80 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

76th percentile

34%

Faster revenue growth than 76% of similar nonprofits.

NTEE B80 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$11,725

Up $6,437 (+122%) from 2022

Liabilities

Up

$15,667

Up $13,188 (+532%) from 2022

Net Assets

Down

-$3,942

Down $6,751 (-240%) from 2022

Operations
Liabilities / Revenue84th percentileNet Margin30th percentile

Revenue

Up

$190,795

Up $84,620 (+80%) from 2022

Expenses

Up

$197,184

Up $93,818 (+91%) from 2022

Net Income

Down

-$6,389

Down $9,198 (-327%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth81st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20K$15K$10K$5.0K$0-$5.0KAssets 2022: $5,288Liabilities 2022: $2,479Net Assets 2022: $2,8092022Assets 2024: $11,725Liabilities 2024: $15,667Net Assets 2024: -$3,9422024

Highlighted filing

2024

Assets$11,725
Liabilities$15,667
Net Assets-$3,942
Open 2024 Filing

Operations Trend

Revenue Growth76th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2022: $106,175Expenses 2022: $103,366Net Income 2022: $2,8092022Revenue 2024: $190,795Expenses 2024: $197,184Net Income 2024: -$6,3892024

Highlighted filing

2024

Revenue$190,795
Expenses$197,184
Net Income-$6,389
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$11,725
Liabilities
$15,667
Net assets
-$3,942
Revenue
$190,795
Expenses
$197,184
Net income
-$6,389
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.16$0.04$1.91$1.97$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.05$0.02$0.03$1.06$1.03$0.03
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 6, 2023
Return Version
2022v5.0
Gross Receipts
$106,175
Mission and Program Overview

Mission

SEE ATTACHMENT

Program Services

DescriptionGrantsExpenses
AFTER SCHOOL, TUTORING, SUMMER CAMP-$62,625
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEREK COBB JRChairman-$0--
JULIE STANLEYVice Chairman-$0--
LEAUNDRA CLAYSecretary-$0--
KELLYN DENTONTreasurer-$0--
STAFFORD DANIELSBoard Member-$0--
JUMAIL BLOUNTBoard Members-$0--
SUSAN WALDOBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Versademics Learning Centers
EIN
87-2049944
Address
2107 EVANS ST STE D, GREENVILLE, NC 27834

Signing Officer

Name
Julie Stanley
Title
Vice Chairman
Phone
2524936243
Signed
2023-02-06
Discuss with paid preparer
No

Preparer

Firm
Murphy & Bunch CPAs PA
Address
107 Commerce St Ste A, Greenville, NC 27858
Preparer
Leslie Bunch
Phone
2523552653
Supplemental Narrative

Additional Explanations

General explanation attachment

“Primary exempt purpose: to provide opportunities for holistic growth & to contribute to the development of versatile scholars who will be well equipped to discover their talents and change our world”

Description of other revenue Part I line 8

“Description amountlate fees 465”

Description of other expenses Part I line 16

“Description amountadvertising 367field trips 2,068insurance 1,769summer camp 4,567other program supplies 7,927travel 4,291vehicle 8,261office 7,436”

Description of other assets Part II line 24

“Category beginning of year end of yearaccounts receivable 0 2,380”

Description of total liabilities Part II line 26

“Category beginning of year end of yearaccounts payable 0 2,479”

Raw XML Appendix164 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt051
IRS990EZ/BooksInCareOfDetail/PersonNm0FAITH LAM
IRS990EZ/BooksInCareOfDetail/PhoneNum02524936243
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03107 EVANS ST STE D
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GREENVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027834
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02908
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05772
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02809
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02170
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05288
IRS990EZ/FundraisingGrossIncomeAmt05832
IRS990EZ/GrossReceiptsAmt0106175
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02809
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02809
IRS990EZ/OccupancyRentUtltsAndMaintAmt013023
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DEREK COBB JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JULIE STANLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LEAUNDRA CLAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KELLYN DENTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4STAFFORD DANIELS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JUMAIL BLOUNT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SUSAN WALDO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02380
IRS990EZ/OtherExpensesTotalAmt036686
IRS990EZ/OtherRevenueTotalAmt0465
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE ATTACHMENT
IRS990EZ/PrintingPublicationsPostageAmt0174
IRS990EZ/ProgramServiceRevenueAmt094106
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0AFTER SCHOOL, TUTORING, SUMMER CAMP
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt062625
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt051262
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt05832
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02479
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0103366
IRS990EZ/TotalProgramServiceExpensesAmt062625
IRS990EZ/TotalRevenueAmt0106175
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0VERSADEMICS.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05772
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05772
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt094106
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt06297
IRS990ScheduleA/OtherIncome170Grp/TotalAmt06297
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt05772
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05772
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05772
IRS990ScheduleA/TotalSupportAmt012069
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIMARY EXEMPT PURPOSE: TO PROVIDE OPPORTUNITIES FOR HOLISTIC GROWTH & TO CONTRIBUTE TO THE DEVELOPMENT OF VERSATILE SCHOLARS WHO WILL BE WELL EQUIPPED TO DISCOVER THEIR TALENTS AND CHANGE OUR WORLD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTLATE FEES 465
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTADVERTISING 367FIELD TRIPS 2,068INSURANCE 1,769SUMMER CAMP 4,567OTHER PROGRAM SUPPLIES 7,927TRAVEL 4,291VEHICLE 8,261OFFICE 7,436
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS RECEIVABLE 0 2,380
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS PAYABLE 0 2,479
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIE STANLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum02524936243
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VERSADEMICS LEARNING CENTERS
ReturnHeader/Filer/BusinessNameControlTxt0VERS
ReturnHeader/Filer/EIN0872049944
ReturnHeader/Filer/USAddress/AddressLine1Txt02107 EVANS ST STE D
ReturnHeader/Filer/USAddress/CityNm0GREENVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027834
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200565868
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Murphy & Bunch CPAs PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0107 Commerce St Ste A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Greenville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027858
ReturnHeader/PreparerPersonGrp/PhoneNum02523552653
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Leslie Bunch
ReturnHeader/ReturnTs02023-05-11T15:27:01-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JULIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STANLEY
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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