BETA

SQUARE PEGS CONNECT INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
SQUARE PEGS CONNECT INC (EIN 82-3616059)
Tax period
2023-01-01 to 2023-12-31
Filed
2025-01-16
IRS object ID
202500169349300100
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-01-16T00:59:57-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN593186310PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1THOMAS HOWELL FERGUSON PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12615 CENTENNIAL BLVD SUITE 200AddressLine1Txt
CityTALLAHASSEECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32308ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN823616059EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SQUARE PEGS CONNECT INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSQUABusinessNameControlTxt
Phone8502765553PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1904 FLOWER AVEAddressLine1Txt
CityPANAMA CITYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32401ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANGELA SEATONPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8502765553PhoneNum
Signature2025-01-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTACEY T KOLKAPreparerPersonNm
PTINP01371120PTIN
Phone8506688100PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANGELA SEATONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1904 FLOWER AVEAddressLine1Txt
CityPANAMA CITYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32401ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$492,511GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressSQUAREPEGSCONNECT.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2021FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionSERVING CHILDREN WITH DIVERSE LEARNING NEEDS TO HELP THESE CHILDREN ACHIEVE THEIR GOALS AND SUCCEED IN SCHOOL AND BEYOND.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee29TotalEmployeeCnt
Total Volunteers3TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$278,585PYProgramServiceRevenueAmt
CY Program Service Revenue$492,511CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$278,585PYTotalRevenueAmt
CY Total Revenue$492,511CYTotalRevenueAmt
PY Grants And Similar Paid$35,211PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,742CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$167,692CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$241,630PYOtherExpensesAmt
CY Other Expenses$231,072CYOtherExpensesAmt
PY Total Expenses$276,841PYTotalExpensesAmt
CY Total Expenses$402,506CYTotalExpensesAmt
PY Revenues Less Expenses$1,744PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$90,005CYRevenuesLessExpensesAmt
Total Assets BOY$29,276TotalAssetsBOYAmt
Total Assets EOY$140,521TotalAssetsEOYAmt
Total Liabilities BOY$166,471TotalLiabilitiesBOYAmt
Total Liabilities EOY$187,711TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$137,195NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$47,190NetAssetsOrFundBalancesEOYAmt
MissionSERVING CHILDREN WITH DIVERSE LEARNING NEEDS TO HELP THESE CHILDREN ACHIEVE THEIR GOALS AND SUCCEED IN SCHOOL AND BEYOND.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$348,590ExpenseAmt
Grant$3,742GrantAmt
Revenue$492,511RevenueAmt
DescSQUARE PEGS LEARNING CENTER USES THE PRINCIPLES OF APPLIED BEHAVIOR ANALYSIS (ABA) AND ALL STAFF MEMBERS ARE CERTIFIED THROUGH THE BEHAVIOR ANALYST CERTIFICATION BOARD (BACB) AS A BOARD CERTIFIED BEHAVIOR ANALYST (BCBA), BOARD CERTIFIED ASSISTANT BEHAVIOR ANALYST (BCABA), OR REGISTERED BEHAVIOR TECHNICIAN (RBT). ABA HAS LONG BEEN CONSIDERED THE MOST EFFECTIVE AND SCIENTIFICALLY VALIDATED APPROACH FOR TEACHING INDIVIDUALS WITH AUTISM AND OTHER DEVELOPMENTAL DISABILITIES. AT SPLC WE USE ABA AND RESEARCH BASED STRATEGIES OF ABA WITH EFFECTIVE TEACHING TECHNIQUES SUCH AS INDIVIDUAL GAP/DEFICIT DRIVEN INSTRUCTION, RESULTING IN IMPROVED ACADEMIC AND BEHAVIORAL OUTCOMES FOR STUDENTS.Desc
Total Program Service Expenses$348,590TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document27IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee29EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonANGELA STANTONPersonNm
Phone8502765553PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1904 FLOWER AVEAddressLine1Txt
CityPANAMA CITYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32405ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ANGELA SEATON
PRESIDENT40.00Yes (X)Yes (X)$0$0$0
JEANNE GOLDIE
SECRETARY1.00Yes (X)Yes (X)$0$0$0
MARY GAUDEN
TREASURER1.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM REVENUEDesc
Business990009BusinessCd
Total Revenue Column$492,511TotalRevenueColumnAmt
Related Or Exempt Func Income$492,511RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$492,511TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$492,511TotalRevenueColumnAmt
Related Or Exempt Func Income$492,511RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$3,742TotalAmt
Program Services$3,742ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$139,120TotalAmt
Program Services$111,296ProgramServicesAmt
Management And General$27,824ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,821TotalAmt
Program Services$2,257ProgramServicesAmt
Management And General$564ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$25,751TotalAmt
Program Services$20,601ProgramServicesAmt
Management And General$5,150ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$17,729TotalAmt
Program Services$14,183ProgramServicesAmt
Management And General$3,546ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$15,387TotalAmt
Program Services$12,310ProgramServicesAmt
Management And General$3,077ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$109,077TotalAmt
Program Services$109,077ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$703TotalAmt
Program Services$562ProgramServicesAmt
Management And General$141ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$199TotalAmt
Program Services$159ProgramServicesAmt
Management And General$40ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,022TotalAmt
Program Services$818ProgramServicesAmt
Management And General$204ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$12,201TotalAmt
Management And General$12,201ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
INSTRUCTIONAL MATERIALS$68,917$68,917$0
MEALS$5,063$4,050$1,013
CAR AND TRUCK$604$483$121
MISCELLANEOUS$170$135$35

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$402,506TotalAmt
Program Services$348,590ProgramServicesAmt
Management And General$53,916ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$26,761BOYAmt
EOY$133,701EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,515BOYAmt
EOY$4,496EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$14,525LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$12,201LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,324EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$29,276BOYAmt
EOY$140,521EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$21,790EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$166,471BOYAmt
EOY$165,921EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$166,471BOYAmt
EOY$187,711EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY-$137,195BOYAmt
EOY-$47,190EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$137,195BOYAmt
EOY-$47,190EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$29,276BOYAmt
EOY$140,521EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$90,005ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,525OtherCostOrOtherBasisAmt
Depreciation$12,201DepreciationAmt
Book Value$2,324BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,324TotalBookValueLandBuildingsAmt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE POLICY IS AVAILABLE ON THE WEBSITE AND ALL PRINTED MATERIALS.
SCHEDULE E, PART I, LINE 6THE ORGANIZATION RECEIVES FINANCIAL ASSITANCE FOR VARIOUS STUDENTS. THE ELIGIBILITY AND AMOUNT OF FINANCIAL ASSISTANCE IS NOT DETERMINED BY THE ORGANIZATION. THE ORGANIZATION RECEIVES FUNDING ON BEHALF OF THE STUDENTS AND THE PARENTS/GUARDIANS MUST APPROVE THE FUNDING BEFORE IT IS DISTRIBUTED TO THE ORGANIZATION.

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonANGELA SEATONPersonNm
Relationship With OrgPRESIDENTRelationshipWithOrgTxt
Loan PurposeCASH FLOW ASSISTANCELoanPurposeTxt
Loan To OrganizationYes (X)LoanToOrganizationInd
Original Principal$152,000OriginalPrincipalAmt
Balance Due$165,921BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written Agreement0WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$165,921TotalBalanceDueAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III - LOANS TO THE ORGANIZATIONFormAndLineReferenceDesc
ExplanationTHE SCHOOL OPENED IN MARCH OF 2020 AND WAS IMMEDIATELY IMPACTED BY THE PANDEMIC. ENROLLMENT WAS LOW THE FIRST TWO YEARS AND ANGELA SEATON, PRESIDENT OF THE ORGANIZATION, COVERED ALL START UP COSTS AND MOST OVERHEAD UNTIL FEBRUARY OF 2022. THE ORGANIZATION INTENDS TO BEGIN REPAYING THE LOAN IN 2024. NO INTEREST IS BEING ASSESSED ON THE LOAN AT THIS TIME.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 AND ACCOMPANYING SCHEDULES ARE PREPARED BY AN INDEPENDENT ACCOUTNING FIRM. THE FORM 990 AND ACCOMPANYING SCHEDULES ARE REVIEWED BY THE ORGANIZATION AND ANY QUESTIONS OR DISCREPANCIES ARE RESOLVED WITH THE INDEPENDENT ACCOUNTING FIRM PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS EXEMPTION APPLICATION AND THREE MOST RECENT YEARS OF FORM 990S AVAILABLE TO THE PUBLIC UPON REQUEST. NO OTHER DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC.

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