Shady Oak Academy

IRS exemption revoked

Fort Worth, TXUnknown exempt organization EIN 81-3737040Revenue $62K in FY2020Latest filing we have: 2020. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSFort Worth, TX

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Mission: To educate and support students in Kindergarten through 8th grade in an inclusive environment. Activities: Testing, School, Brain Workout and Summer Camps

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-3737040) · Dispute this line
75¢ of each $1 spent went to programs.
Run by 10 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
The IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2020
latest Form 990
The latest return is for FY2020, 6 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $18K a year · 14% of revenue · last 2 filings
A surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
75%
of spending
75% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$46K
to officers and key staff · 53% of spending
Pay to officers and key staff is 53% of spending.
Part VII, Section A
1.1 mo
of spending, in cash
1.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$28K
147% of total assets
Liabilities are 147% of assets.
Pt X · Ln 26
Independent board members
3
of 4 voting members
3 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$62K
-70% vs prior year
Spent
$87K
To programs
75%
Net assets
−$9K
By yearFY2019–FY2020
Revenue
$62K
FY2020▼ -70%
Tap a bar for its year
Revenue by fiscal year
FY2019$203K
FY2020$62K
Expenses
$87K
FY2020▼ -60%
Tap a bar for its year
Expenses by fiscal year
FY2019$215K
FY2020$87K
Net assets
−$9K
FY2020▼ -164%
Tap a bar for its year
Net assets by fiscal year
FY2019$14K
FY2020−$9K

From the FY2020 Form 990 · see the original

IRS revoked this organization's tax-exempt status on May 15, 2024

Is it real?

No. The IRS revoked its tax exemption. Latest filing we have: FY2020.

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

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $65K Management & general 25% · $21K

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

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Who runs it and what they're paid

3 people listed on the 990; $46K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$21,259Pt VII · Sec A
$21,258Pt VII · Sec A
$3,192Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2020FY2019
Pamela Jarvis$21,259$51,459
Pamela Jarvis Exec Dir$21,258$51,459
Kenneth M Scagel$3,192$12,725

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 Shady Oak Academy executive salaries →

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides educational programs, testing, and summer camps for K-8 students in an inclusive setting.

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2 programs · $65K · in their own filed words · FY2020
01

Provided Classroom instruction for 25 students with various special learning requirements from grades Kindergarten through 6th grade.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-3737040) · Dispute this line
$58Kprogram expense
02

Provided Brainworkout Sessions and evaluations for 9 students from grades K-6th. Provided Specialized programming for 12 students after school.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-3737040) · Dispute this line
$8Kprogram expense

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 · FY2020
Total grants receivedfrom 1 funder$5

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$62K
Ln 12
Fees for servicesLn 2g$59K
Gifts and grantsLn 1h$3K
Money outPt IX
$87K
Ln 25
Programscol B$65K
Managementcol C$21K
Owns and owesPt X
−$9K
net assets · Ln 32
Cash and savingsLn 1–2$8K
Total assetsLn 16$19K
LiabilitiesLn 26$28K
PeoplePt VI, VII
3
listed · VII A
PaidVII A3
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3K
Fees for servicesLn 2g$59K
Total revenueLn 12$62K
Assets in detailPt X, end of year
CashLn 1$8K
Cash and savings togetherLn 1–2$8K
Land, buildings, equipmentLn 10c$11K
Total assetsLn 16$19K
LiabilitiesLn 26$28K
Net assetsLn 32−$9K
OperationsPt I, VI
EmployeesI 52
VolunteersI 610
Fiscal year endsHeaderDecember
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 FY20End FY20
Cash and savingsLn 1–2$0$8K
Land, buildings, equipmentLn 10c$11K$11K
Total assetsLn 16$17K$19K
LiabilitiesLn 26$3K$28K
Net assetsLn 32$14K−$9K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$24K$12K$12K$0
Other salaries and wagesLn 7$28K$28K$0$0
Payroll taxesLn 10$4K$4K$0$0
Accounting feesLn 11c$250$0$250$0
Advertising and promotionLn 12$775$0$775$0
Office expensesLn 13$3K$0$3K$0
OccupancyLn 16$17K$17K$0$0
TravelLn 17$55$55$0$0
InsuranceLn 23$1K$0$1K$0
Other expenses (24a–d)Ln 24$6K$2K$4K$0
All other expensesLn 24e$3K$3K$379$0
Total functional expensesLn 25$87K$65K$21K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2020 Latest ViewingFiled with the IRS Aug 24, 2021 $62K$87K−$25K−$9K 990 PDF
FY2019Filed with the IRS Aug 24, 2021 $203K$215K−$12K$14K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $62,021 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,871$3,005
I-9 Program service revenuePrior year $195,483$59,016
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $203,354$62,021
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $55,075$56,075
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $28,984$30,680
I-18 Total expensesPrior year $84,059$86,755
I-19 Revenue less expensesPrior year $119,295−$24,734
Part VI · Governance 3 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $62,021 across 4 lines filed
Lines not itemized here account for $7,660 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$3,005
VIII-1h Total contributions, gifts and grants$3,005
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$51,356
VIII-12 Total revenueRelated to mission $59,016 · Unrelated business $0 · Excluded from tax $0$62,021
Part IX · Statement of functional expenses $86,755 across 11 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $12,225 · Management $12,225 · Fundraising $0$24,450
IX-7 Other salaries and wagesPrograms $27,547 · Management $0 · Fundraising $0$27,547
IX-10 Payroll taxesPrograms $4,078 · Management $0 · Fundraising $0$4,078
IX-11c Accounting feesPrograms $0 · Management $250 · Fundraising $0$250
IX-12 Advertising and promotionPrograms $0 · Management $775 · Fundraising $0$775
IX-13 Office expensesPrograms $0 · Management $2,698 · Fundraising $0$2,698
IX-16 OccupancyPrograms $16,635 · Management $0 · Fundraising $0$16,635
IX-17 TravelPrograms $55 · Management $0 · Fundraising $0$55
IX-23 InsurancePrograms $0 · Management $1,176 · Fundraising $0$1,176
IX-24 Other expenses (24a–d)Programs $2,036 · Management $3,928 · Fundraising $0$5,964
IX-24e All other expensesPrograms $2,748 · Management $379 · Fundraising $0$3,127
IX-25 Total functional expensesPrograms $65,324 · Management $21,431 · Fundraising $0$86,755
Part X · Balance sheet $19,070 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $0$8,077
X-10c Land, buildings and equipment, netStart of year $10,994$10,993
X-16 Total assetsStart of year $17,052$19,070
X-17 Accounts payable and accrued expensesStart of year $634$1,280
X-23 Secured mortgages and notes payableStart of year $2,339$26,750
X-26 Total liabilitiesStart of year $2,973$28,030
X-30 Paid-in or capital surplusStart of year $5,242$5,242
X-31 Retained earnings or endowmentStart of year $8,837−$14,202
X-32 Total net assets or fund balancesStart of year $14,079−$8,960
X-33 Total liabilities and net assetsStart of year $17,052$19,070
Part XI · Reconciliation of net assets −$8,960 net assets at year end
XI-1 Total revenue$62,021
XI-2 Total expenses$86,755
XI-3 Revenue less expenses−$24,734
XI-4 Net assets at start of year$14,079
XI-10 Net assets at end of year−$8,960

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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