Academy for Precision Learning INC FY2023 filing

Tax-deductible

Seattle, WA501(c)(3)Since 2001EducationEIN 91-2143623

The academy for precision learning is a k-12 school dedicated to the success of all students including typically developing and - those across the autism spectrum - learning in an academically challenging and socially vibrant environment.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$267K 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
3 of 5
filings with a surplus
Average deficit $37K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$267K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $113K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.0M
64% of total assets
Fine: liabilities are 64% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.7M
+40% vs prior year
Spent
$7.9M
To programs
80%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$9.7M
FY2023▲ +40%
Revenue by fiscal year
FY2020$5.3M
FY2021$6.4M
FY2022$6.9M
FY2023$9.7M
FY2024$5.5M
FY2024$5.9M
Expenses
$7.9M
FY2023▼ -5%
Expenses by fiscal year
FY2020$5.1M
FY2021$6.0M
FY2022$8.3M
FY2023$7.9M
FY2024$6.7M
FY2024$6.5M
Net assets
$1.2M
FY2023▲ +321%
Net assets by fiscal year
FY2020$695K
FY2021$1.1M
FY2022−$524K
FY2023$1.2M
FY2024−$51K
FY2024−$630K

From the FY2023 Form 990 (year ending August 2023) · figures checked against the IRS filing · see the original

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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 May 2002.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $6.3M Management & general 20% · $1.6M Fundraising 0% · $10K

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

Who runs it and what they're paid

15 people listed on the 990; $267K 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
Former Ed (through August 2022)
$117,692Pt VII · Sec A
Co-Executive Director
$69,462Pt VII · Sec A
Interim Ed (september-November)
$64,608Pt VII · Sec A
Co-Executive Director
$15,000Pt VII · Sec A
Secretary (through January)
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Kristin Ojala’s $100K as Clinical Director/Co-Ed Until January 2025 is at the 31st 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 · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Kelly Meyer——$117,692$153,735—$118,038
Kristin Ojala$99,750$130,000$15,000———
Kelly Meyer————$115,050—
Laura Barringer$92,843$110,000$69,462———
Mark Smith—$110,000————
Kirk Laughlin———$103,721—$101,976
Whitney Whitworth—$68,994————
Debora Merle——$64,608———

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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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 15aYes

Programs and updates

Educates K-12 students, including those on the autism spectrum, in a challenging and vibrant environment.

Provided by the organization

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1 program service account for $6.3M of program spending, described in the organization's own filed words · FY2022.
01

Academy for precision learning provides challenging and accessible academics, a socially vibrant environment, enrichment activities accessible to all students, and behavioral therapy services.

$6.3Mprogram 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 · FY2024
Total grants receivedfrom 4 funders$113K
See all 4 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$9.7M
Ln 12
Fees for servicesLn 2g$7.5M
Gifts and grantsLn 1h$2.2M
Other incomeLn 4–11$19K
Money outPt IX
$7.9M
Ln 25
Programscol B$6.3M
Managementcol C$1.6M
Fundraisingcol D$10K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.8M
Total assetsLn 16$3.2M
LiabilitiesLn 26$2.0M
PeoplePt VI, VII
15
listed · VII A
PaidVII A4
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.2M
Government grantsLn 1e$2.0M
Fees for servicesLn 2g$7.5M
Investment incomeLn 3$5K
Other incomeLn 4–11$19K
Total revenueLn 12$9.7M
Assets in detailPt X, end of year
SavingsLn 2$1.8M
Cash and savings togetherLn 1–2$1.8M
Land, buildings, equipmentLn 10c$307K
Other assetsLn 15$1.1M
Total assetsLn 16$3.2M
LiabilitiesLn 26$2.0M
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 5128
VolunteersI 610
Fiscal year endsHeaderAugust
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 FY23End FY23
Cash and savingsLn 1–2$172K$1.8M
Land, buildings, equipmentLn 10c$200K$307K
Total assetsLn 16$801K$3.2M
LiabilitiesLn 26$1.3M$2.0M
Net assetsLn 32−$524K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$245K$245K
Pay of current officers, directors and key staffLn 5$259K$206K$53K
Other salaries and wagesLn 7$5.3M$4.2M$1.1M
Other employee benefitsLn 9$367K$302K$65K
Payroll taxesLn 10$535K$440K$95K
Management feesLn 11a$10K$10K
Legal feesLn 11b$9K$9K
Accounting feesLn 11c$55K$55K
Other fees for servicesLn 11g$244K$227K$17K
Office expensesLn 13$98K$45K$44K$10K
Information technologyLn 14$107K$89K$18K
OccupancyLn 16$469K$372K$96K
Depreciation, depletion and amortizationLn 22$50K$40K$10K
Other expenses (24a–d)Ln 24$98K$68K$30K
Total functional expensesLn 25$7.9M$6.3M$1.6M$10K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $5.5M$6.7M−$1.2M−$51K 990 PDF
FY2023 Viewing $9.7M$7.9M$1.8M$1.2M 990 PDF
FY2022 $6.9M$8.3M−$1.4M−$524K 990 PDF
FY2021 $6.4M$6.0M$415K$1.1M 990 PDF
FY2020 $5.3M$5.1M$243K$695K 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
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $9,655,002 across 7 lines filed
VIII-1e Government grants$2,047,904
VIII-1f All other contributions, gifts and grants$113,667
VIII-1h Total contributions, gifts and grants$2,161,571
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $7,469,318$7,469,318
VIII-3 Investment incomeExcluded from tax $4,936$4,936
VIII-6 Net rental income or lossExcluded from tax $19,177$19,177
VIII-12 Total revenueRelated to mission $7,469,318 · Unrelated business $0 · Excluded from tax $24,113$9,655,002
Part IX · Statement of functional expenses $7,892,041 across 14 lines filed
IX-2 Grants to domestic individualsPrograms $244,993$244,993
IX-5 Pay of current officers, directors and key staffPrograms $206,045 · Management $53,327$259,372
IX-7 Other salaries and wagesPrograms $4,246,199 · Management $1,099,065$5,345,264
IX-9 Other employee benefitsPrograms $302,180 · Management $64,925$367,105
IX-10 Payroll taxesPrograms $440,138 · Management $94,565$534,703
IX-11a Management feesManagement $9,918$9,918
IX-11b Legal feesManagement $9,025$9,025
IX-11c Accounting feesManagement $55,164$55,164
IX-11g Other fees for servicesPrograms $226,741 · Management $17,392$244,133
IX-13 Office expensesPrograms $44,649 · Management $43,681 · Fundraising $9,810$98,140
IX-14 Information technologyPrograms $89,376 · Management $17,614$106,990
IX-16 OccupancyPrograms $372,388 · Management $96,387$468,775
IX-22 Depreciation, depletion and amortizationPrograms $39,788 · Management $10,298$50,086
IX-24 Other expenses (24a–d)Programs $68,108 · Management $30,265$98,373
IX-25 Total functional expensesPrograms $6,280,605 · Management $1,601,626 · Fundraising $9,810$7,892,041
Part X · Balance sheet $3,191,254 assets, 13 lines filed
X-2 Savings and temporary cash investmentsStart of year $172,337$1,760,015
X-4 Accounts receivableStart of year $290,003$38,019
X-9 Prepaid expenses and deferred chargesStart of year $6,188$22,706
X-10c Land, buildings and equipment, netStart of year $200,344$306,561
X-15 Other assetsStart of year $47,777$1,063,953
X-16 Total assetsStart of year $800,687$3,191,254
X-17 Accounts payable and accrued expensesStart of year $767,698$381,455
X-19 Deferred revenueStart of year $407,035$476,354
X-25 Other liabilitiesStart of year $0$1,024,649
X-26 Total liabilitiesStart of year $1,324,233$2,031,958
X-27 Net assets without donor restrictionsStart of year −$523,546$1,159,296
X-32 Total net assets or fund balancesStart of year −$523,546$1,159,296
X-33 Total liabilities and net assetsStart of year $800,687$3,191,254
Part XI · Reconciliation of net assets $1,159,296 net assets at year end
XI-1 Total revenue$9,655,002
XI-2 Total expenses$7,892,041
XI-3 Revenue less expenses$1,762,961
XI-4 Net assets at start of year−$523,546
XI-9 Other changes in net assets−$80,119
XI-10 Net assets at end of year$1,159,296

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

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