The Study Hall INC FY2023 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.
67¢ of each $1 spent went to programs.
$103K 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

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $620K a year · 45% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$103K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
24 mo
of spending, in cash
Looks good: 24.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$329K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.0M
+98% vs prior year
Spent
$699K
To programs
67%
Net assets
$2.6M
By yearFY2020–FY2024
Revenue
$2.0M
FY2023▲ +98%
Revenue by fiscal year
FY2020$594K
FY2021$1.1M
FY2022$1.0M
FY2023$2.0M
FY2024$2.1M
FY2024$876K
Expenses
$699K
FY2023▲ +4%
Expenses by fiscal year
FY2020$692K
FY2021$705K
FY2022$669K
FY2023$699K
FY2024$957K
FY2024$1.1M
Net assets
$2.6M
FY2023▲ +100%
Net assets by fiscal year
FY2020$558K
FY2021$945K
FY2022$1.3M
FY2023$2.6M
FY2024$3.7M
FY2024$3.5M

From the FY2023 Form 990 (year ending June 2023) · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $467K Management & general 14% · $98K Fundraising 19% · $134K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

17 people listed on the 990; $103K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Dir.
$102,688Pt VII · Sec A
Board Member
$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.

See The Study Hall INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

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.

Know this organization? Claim it to add your story

1 program service account for $467K of program spending, described in the organization's own filed words · FY2022.
01

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

$467Kprogram expense

Run this program? Claim this org to tell your story

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

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Gifts and grantsLn 1h$1.8M
Investment incomeLn 3$309K
Money outPt IX
$699K
Ln 25
Programscol B$467K
Managementcol C$98K
Fundraisingcol D$134K
Owns and owesPt X
$2.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$2.9M
LiabilitiesLn 26$329K
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.8M
Government grantsLn 1e$241K
Noncash giftsLn 1g$5K
Fundraising eventsLn 1c$357K
Investment incomeLn 3$309K
Gains on assetsLn 7$309K
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
CashLn 1$1.4M
SavingsLn 2$0
Cash and savings togetherLn 1–2$1.4M
InvestmentsLn 11–13$5K
Land, buildings, equipmentLn 10c$903K
Other assetsLn 15$0
Total assetsLn 16$2.9M
LiabilitiesLn 26$329K
Net assetsLn 32$2.6M
OperationsPt I, VI
EmployeesI 526
VolunteersI 675
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$743K$1.4M
InvestmentsLn 11–13$22K$5K
Land, buildings, equipmentLn 10c$112K$903K
Total assetsLn 16$1.4M$2.9M
LiabilitiesLn 26$88K$329K
Net assetsLn 32$1.3M$2.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$104K$63K$21K$21K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$200K$161K$39K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$26K$17K$8K$2K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$26K$19K$5K$2K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$77K$77K
Investment management feesLn 11f$0
Other fees for servicesLn 11g$30K$2K$607$27K
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$37K$27K$7K$3K
Other expenses (24a–d)Ln 24$138K$134K$3K$950
All other expensesLn 24e$60K$43K$15K$2K
Total functional expensesLn 25$699K$467K$98K$134K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $2.1M$957K$1.2M$3.7M 990 PDF
FY2023 Viewing $2.0M$699K$1.3M$2.6M 990 PDF
FY2022 $1.0M$669K$334K$1.3M 990 PDF
FY2021 $1.1M$705K$387K$945K 990 PDF
FY2020 $594K$692K−$98K$558K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $1,988,478 across 11 lines filed
VIII-1c Fundraising events$356,978
VIII-1e Government grants$240,982
VIII-1f All other contributions, gifts and grants$1,170,410
VIII-1g Noncash contributions (included above)$5,072
VIII-1h Total contributions, gifts and grants$1,768,370
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax $308,953$308,953
VIII-8 Net income from fundraising eventsExcluded from tax −$88,845−$88,845
VIII-12 Total revenueExcluded from tax $220,108$1,988,478
Part IX · Statement of functional expenses $698,808 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $62,524 · Management $20,841 · Fundraising $20,841$104,206
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $160,860 · Management $38,968$199,828
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $17,089 · Management $7,715 · Fundraising $1,594$26,398
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $19,470 · Management $5,213 · Fundraising $1,817$26,500
IX-11d Lobbying fees$0
IX-11e Professional fundraising feesFundraising $77,138$77,138
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $2,268 · Management $607 · Fundraising $27,357$30,232
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $26,890 · Management $7,199 · Fundraising $2,509$36,598
IX-24 Other expenses (24a–d)Programs $134,426 · Management $2,728 · Fundraising $950$138,104
IX-24e All other expensesPrograms $43,028 · Management $15,088 · Fundraising $1,688$59,804
IX-25 Total functional expensesPrograms $466,555 · Management $98,359 · Fundraising $133,894$698,808
Part X · Balance sheet $2,899,832 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $743,488$1,403,732
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivableStart of year $361,399$303,023
X-4 Accounts receivableStart of year $131,687$193,133
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$91,900
X-10c Land, buildings and equipment, netStart of year $112,415$902,896
X-11 Publicly traded securitiesStart of year $21,599$5,148
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,370,588$2,899,832
X-17 Accounts payable and accrued expensesStart of year $87,748$329,011
X-26 Total liabilitiesStart of year $87,748$329,011
X-27 Net assets without donor restrictionsStart of year $453,295$1,672,426
X-28 Net assets with donor restrictionsStart of year $829,545$898,395
X-32 Total net assets or fund balancesStart of year $1,282,840$2,570,821
X-33 Total liabilities and net assetsStart of year $1,370,588$2,899,832
Part XI · Reconciliation of net assets $2,570,821 net assets at year end
XI-1 Total revenue$1,988,478
XI-2 Total expenses$698,808
XI-3 Revenue less expenses$1,289,670
XI-4 Net assets at start of year$1,282,840
XI-5 Net unrealized gains (losses) on investments−$1,689
XI-10 Net assets at end of year$2,570,821

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.