Privett Academy FY2021 filing

Tax-deductible

Mercer Island, WA501(c)(3)Since 2000EducationEIN 91-2093451Revenue $1.2M in FY2021

On file with the IRSprivettacademy.org2454 62nd Ave Se, 98040-2427 · Mercer Island, WATax-exempt since Apr 2001Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

To provide the academic and emotional support necessary for a range of learners including at-risk youth, reluctant learners, and motivated students to improve their academic performance in order to be successful in school.

501(c)(3) charity; gifts are tax-deductible.
60¢ of each $1 spent went to programs.
$222K 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
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
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 7
filings with a surplus
Average deficit $242 a year · under 1% of revenue · last 7 filings
Worth a look: a surplus in 4 of the last 7 filings.
Pt I · Ln 19 · 7 filings
Spent on programs
60%
of spending
Worth a look: 60% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$222K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 11.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$168K
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
-2% vs prior year
Spent
$817K
To programs
60%
Net assets
$586K
By yearFY2020–FY2026
Revenue
$1.2M
FY2021▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$1.2M
FY2022$1.4M
FY2023$1.3M
FY2024$1.2M
FY2025$1.2M
FY2026$1.1M
Expenses
$817K
FY2021▼ -30%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$817K
FY2022$1.7M
FY2023$1.3M
FY2024$1.3M
FY2025$1.2M
FY2026$1.1M
Net assets
$586K
FY2021▲ +145%
Tap a bar for its year
Net assets by fiscal year
FY2020$240K
FY2021$586K
FY2022$300K
FY2023$324K
FY2024$194K
FY2025$192K
FY2026$216K

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Apr 2001.

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

Where the money goes

60 cents of each dollar spent went to programs.

Program services 60% · $494K Management & general 40% · $323K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

3 people listed on the 990; $222K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director & P
$221,741Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Carol Meyer’s $164K as Director & P is at the 71st percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2026FY2025FY2024FY2023FY2022FY2021
Carol Meyer$163,900$203,947$237,638$337,152$737,196$221,741

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 Privett Academy executive salaries →

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

Something off? The org can add a note here. Claim this org to fix it.

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

Helps students of all types improve school performance through academic and emotional support.

Questions for Privett Academy

Tap to ask. Privett Academy sees how many people are interested.

Your first name shows with your question. Privett Academy answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $494K · in their own filed words · FY2020
01

The privett academy designed and met the individual needs of the following number of students during the fiscal year: summer 2020 - 12 students fall 2020 - 87 students winter 2021 - 102 students spring 2021 - 112 students

$494Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Fees for servicesLn 2g$1.2M
Investment incomeLn 3$22
Money outPt IX
$817K
Ln 25
Programscol B$494K
Managementcol C$323K
Owns and owesPt X
$586K
net assets · Ln 32
Cash and savingsLn 1–2$750K
Total assetsLn 16$755K
LiabilitiesLn 26$168K
PeoplePt VI, VII
3
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.2M
Investment incomeLn 3$22
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$750K
Cash and savings togetherLn 1–2$750K
Land, buildings, equipmentLn 10c$1K
Total assetsLn 16$755K
LiabilitiesLn 26$168K
Net assetsLn 32$586K
OperationsPt I, VI
EmployeesI 510
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$235K$750K
Land, buildings, equipmentLn 10c$1K$1K
Total assetsLn 16$240K$755K
LiabilitiesLn 26$0$168K
Net assetsLn 32$240K$586K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$222K$222K
Other salaries and wagesLn 7$401K$343K$58K
Other employee benefitsLn 9$19K$12K$6K
Payroll taxesLn 10$66K$57K$9K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$200$200
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$4K$2K$3K
Information technologyLn 14$319$319
OccupancyLn 16$65K$61K$5K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$20K$12K$8K
All other expensesLn 24e$6K$3K$3K
Total functional expensesLn 25$817K$494K$323K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest $1.1M$1.1M$24K$216K 990 PDF
FY2025 $1.2M$1.2M−$2K$192K 990 PDF
FY2024 $1.2M$1.3M−$130K$194K 990 PDF
FY2023 $1.3M$1.3M$24K$324K 990 PDF
FY2022 $1.4M$1.7M−$287K$300K 990 PDF
FY2021 Viewing $1.2M$817K$347K$586K 990 PDF
FY2020 $1.2M$1.2M$22K$240K 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 FY2021 990 (6 parts)
Part I · Summary $1,163,457 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $1,180,659$1,163,435
I-10 Investment incomePrior year $1,438$22
I-11 Other revenue$0
I-12 Total revenuePrior year $1,182,097$1,163,457
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,011,684$707,931
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $148,531$108,885
I-18 Total expensesPrior year $1,160,215$816,816
I-19 Revenue less expensesPrior year $21,882$346,641
Part VI · Governance 2 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $1,163,457 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,163,435$1,163,435
VIII-3 Investment incomeExcluded from tax $22$22
VIII-12 Total revenueRelated to mission $1,163,435 · Excluded from tax $22$1,163,457
Part IX · Statement of functional expenses $816,816 across 13 lines filed
IX-5 Pay of current officers, directors and key staffManagement $221,741$221,741
IX-7 Other salaries and wagesPrograms $343,279 · Management $58,215$401,494
IX-9 Other employee benefitsPrograms $12,431 · Management $6,404$18,835
IX-10 Payroll taxesPrograms $57,299 · Management $8,562$65,861
IX-11c Accounting feesManagement $7,160$7,160
IX-11g Other fees for servicesManagement $200$200
IX-12 Advertising and promotionManagement $2,383$2,383
IX-13 Office expensesPrograms $1,630 · Management $2,817$4,447
IX-14 Information technologyPrograms $319$319
IX-16 OccupancyPrograms $60,910 · Management $4,585$65,495
IX-23 InsurancePrograms $2,709$2,709
IX-24 Other expenses (24a–d)Programs $12,079 · Management $8,159$20,238
IX-24e All other expensesPrograms $3,307 · Management $2,627$5,934
IX-25 Total functional expensesPrograms $493,963 · Management $322,853 · Fundraising $0$816,816
Part X · Balance sheet $754,537 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $234,697$749,628
X-9 Prepaid expenses and deferred chargesStart of year $3,853$3,853
X-10c Land, buildings and equipment, netStart of year $1,056$1,056
X-16 Total assetsStart of year $239,606$754,537
X-25 Other liabilities$168,290
X-26 Total liabilitiesStart of year $0$168,290
X-32 Total net assets or fund balancesStart of year $239,606$586,247
X-33 Total liabilities and net assetsStart of year $239,606$754,537
Part XI · Reconciliation of net assets $586,247 net assets at year end
XI-1 Total revenue$1,163,457
XI-2 Total expenses$816,816
XI-3 Revenue less expenses$346,641
XI-4 Net assets at start of year$239,606
XI-10 Net assets at end of year$586,247

Form 990 e-file (XML) FY2021 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

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.