The Study Hall INC FY2021 filing

Tax-deductible

Atlanta, GA501(c)(3)Since 1988EIN 58-1830316

The study hall is an academic after-school and summer enrichment program that serves k-5th grade children in the atlanta area offering an educational and enrichment curriculum that equips children to achieve sustained personal and academic success.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$101K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
IRS e-file · Filing history
Is it financially stable?
4 of 5
years in the black
Pt I · Ln 19 · 5 filings
How much reaches the programs?
70%
of spending
Pt IX · Ln 25 · col B
What are leaders paid?
$101K
to officers and key staff · 14% of spending
Pt VII · Sec A
Do they have reserves?
10 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $15K
Funders’ Sch. I, 990-PF
Do they carry debt?
$8K
liabilities
Pt X · Ln 26
Who oversees it?
19
independent of 19 voting board members
Pt VI · Ln 1a–1b
Revenue
$1.1M
+84% vs prior year
Spent
$705K
To programs
70%
Net assets
$945K
By yearFY2020–FY2024
Revenue
$1.1M
FY2021▲ +84%
Revenue by fiscal year
FY2020$594K
FY2021$1.1M
FY2022$1.0M
FY2023$2.0M
FY2024$2.1M
FY2024$876K
Expenses
$705K
FY2021▲ +2%
Expenses by fiscal year
FY2020$692K
FY2021$705K
FY2022$669K
FY2023$699K
FY2024$957K
FY2024$1.1M
Net assets
$945K
FY2021▲ +69%
Net assets by fiscal year
FY2020$558K
FY2021$945K
FY2022$1.3M
FY2023$2.6M
FY2024$3.7M
FY2024$3.5M

From the FY2021 Form 990 (year ending June 2021) · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CThe Study Hall INC
EINHdr · item D58-1830316
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 1989
Year of formationHdr · item L1988
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CAtlanta, GA
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.thestudyhall.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.23 Fundraising $0.07
Program services70%$492K
Management & general23%$162K
Fundraising7%$51K
Total functional expensesLn 25$705K

Financial health

Is it on solid ground?

Program efficiency
70%
of spending reaches programs
Operating runway
10.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+35%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$953K
FY2021▲ +38%
Total assets by fiscal year
FY2020$691K
FY2021$953K
FY2022$1.4M
FY2023$2.9M
FY2024$4.3M
FY2024$4.1M
Total liabilities
$8K
FY2021▼ -94%
Total liabilities by fiscal year
FY2020$132K
FY2021$8K
FY2022$88K
FY2023$329K
FY2024$598K
FY2024$639K
Revenue less expensesPt I · Ln 19$387K
Total assetsPt X · Ln 16$953K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419

Balance Sheet

Part X · end of year
CashLn 1$620K
Total assetsLn 16$953K
Total liabilitiesLn 26$8K
Total net assetsLn 32$945K
Months of cash on handcomputed10.5

Statement of Revenue

Part VIII
Contributions & grants100%$1.1M
Investment income$400
— government grantsLn 1e$651K
Total revenueLn 12$1.1M

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $620K · Operating expenses/yr $705K
10.5 months
Where the money goes
Program services
Program services $492K · Total expenses $705K
70%
Management & General
Management & general $162K · Total expenses $705K
23%
Fundraising
Fundraising $51K · Total expenses $705K
7%
Cost to raise $1
Fundraising expense (2-yr avg) $42K · Solicited contributions (2-yr avg) $442K
$0.09 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.1M
100%
Government reliance
Government grants $651K · Total revenue $1.1M
60%
Earned-income share
Program service revenue $0 · Total revenue $1.1M
0%
Investment reliance
Investment income $400 · Total revenue $1.1M
+0.04%
Program self-sufficiency
Program service revenue $0 · Total expenses $705K
0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $594K
+84%
Net-asset trend (YoY)
End of year $945K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $705K
+35%
Liabilities-to-Assets
Total liabilities — · Total assets $953K
—
Net-asset ratio
Net assets $945K · Total assets $953K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $953K
0%
People & payroll
Highest Reported Total Compensation
Individual Jacquetta Watkins · Reported title Executive Dir. · Highest reported compensation $101K · Total expenses $705K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $301K · Total expenses $705K
43%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 70%——
Overhead ratio 23%——
Fundraising cost ratio 5%——
Revenue growth 84%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 3%——
Fundraising fee ratio 4%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Dir.
$101,296Pt VII · Sec A
Pers Com Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Facil Com Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Jacquetta Watkins$110,032$105,542$102,688$102,088$101,296$98,345

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 19Voting board membersPt VI · Ln 1a
  • 19Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Provides academic after-school and summer programs for K-5 children, fostering personal and academic success.

Provided by the organization

This section is blank until The Study Hall INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $492K of program spending, described in the organization's own filed words · FY2020.
01

The Study Hall is an after school and summer camp program serving K 5th grade students in the greater Peoplestown community, offering an educational and enrichment curriculum that equips children to achieve sustained personal and academic success.

$492Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$15K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $2.1M$957K+8% 990 PDF
FY2023 $2.0M$699K+98% 990 PDF
FY2022 $1.0M$669K-8% 990 PDF
FY2021 Viewing $1.1M$705K+84% 990 PDF
FY2020 $594K$692K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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