Civic Intelligence

Versademics Learning Centers

990EZ • Fiscal year 2024 • EIN 87-2049944

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 04, 2025

Organization ProfileVERSADEMICS.ORG
3950 Victory LnWinterville, NC 28590

(252) 493-6243

Siviq Scores

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

Liabilities / Assets

95th percentile

1.34x

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

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

Liabilities / Revenue

86th percentile

0.08x

Higher debt load relative to revenue than 86% of similar nonprofits.

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

Net Margin

31st percentile

-3.3%

Higher net margin than 31% of similar nonprofits.

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

Top Officer Pay

92nd percentile

$21,540

Higher top officer pay than 92% of similar nonprofits.

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

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

Asset Growth

80th percentile

49%

Faster asset growth than 80% of similar nonprofits.

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

Revenue Growth

76th percentile

34%

Faster revenue growth than 76% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$11,725

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

Net Assets

Down

-$3,942

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

Liabilities

Up

$15,667

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

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin31st 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

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

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

$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 across loaded years, with this 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
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.2
Gross Receipts
$190,795
Mission and Program Overview

Mission

SEE ATTACHMENT

Program Services

DescriptionGrantsExpenses
AFTER SCHOOL, TUTORING, SUMMER CAMP-$98,590
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRANDON LAMExecutive DirectorPT$21,540-$21,540
JOSH FAULKNER JRBoard Member-$0--
JULIE STANLEYVice Chairman-$0--
LEAUNDRA CLAYSecretary-$0--
DEWITT NEWKIRKBoard Member-$0--
STAFFORD DANIELSBoard Member-$0--
TARRICK COXChairman-$0--
Filing and Contact Details

Filer

Filer Name
Versademics Learning Centers
EIN
87-2049944
In Care Of
% BRANDON LAMM
Phone
2524936243
Address
3950 VICTORY LN, WINTERVILLE, NC 28590

Signing Officer

Name
Brandon Lamm
Title
Executive Director
Phone
2524936243
Signed
2025-11-04
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Description of other revenue Part I line 8

“Description AmountLATE FEES 601”

Description of other expenses Part I line 16

“Description AmountDepreciation from 4562 3,270ADVERTISING 1,184FIELD TRIPS 5,678INSURANCE 2,907OTHER PROGRAM SUPPLIES 35,374TRAVEL 576VEHICLE 15,441OFFICE 13,852GIFTS 57INTEREST 1,735”

Description of other assets Part II line 24

“Category Beginning of Year End of YearACCOUNTS RECEIVABLE 6,625 280VEHCILE (NET OF A/D) 14,715 11,445”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearACCOUNTS PAYABLE 7,495 7,550NOTE PAYABLE - VAN 12,936 8,108CHECKING 0 9”

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”

Raw XML Appendix181 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOSH FAULKNER JR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LEAUNDRA CLAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DEWITT NEWKIRK
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BRANDON LAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6TARRICK COX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6CHAIRMAN
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt021340
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IRS990EZ/OtherExpensesTotalAmt080074
IRS990EZ/OtherRevenueTotalAmt0601
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE ATTACHMENT
IRS990EZ/PrintingPublicationsPostageAmt062
IRS990EZ/ProgramServiceRevenueAmt0157449
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt098590
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt085673
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt020431
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt015667
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0197184
IRS990EZ/TotalProgramServiceExpensesAmt098590
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0VERSADEMICS.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt032745
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt09290
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05772
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt047807
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt011698
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt011698
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.88680
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt067103
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountLATE FEES 601
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountDepreciation from 4562 3,270ADVERTISING 1,184FIELD TRIPS 5,678INSURANCE 2,907OTHER PROGRAM SUPPLIES 35,374TRAVEL 576VEHICLE 15,441OFFICE 13,852GIFTS 57INTEREST 1,735
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearACCOUNTS RECEIVABLE 6,625 280VEHCILE (NET OF A/D) 14,715 11,445
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearACCOUNTS PAYABLE 7,495 7,550NOTE PAYABLE - VAN 12,936 8,108CHECKING 0 9
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRIMARY 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/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4General explanation attachment
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRANDON LAMM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02524936243
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VERSADEMICS LEARNING CENTERS
ReturnHeader/Filer/BusinessNameControlTxt0VERS
ReturnHeader/Filer/EIN0872049944
ReturnHeader/Filer/InCareOfNm0% BRANDON LAMM
ReturnHeader/Filer/PhoneNum02524936243
ReturnHeader/Filer/USAddress/AddressLine1Txt03950 VICTORY LN
ReturnHeader/Filer/USAddress/CityNm0WINTERVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028590
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02025-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LESLIE GRAY BUNCH
ReturnHeader/ReturnTs02025-11-04T14:22:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

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
2024Detailed filing. Detailed filing data is available for this year.$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