Options in Education Foundation Inc.

990EZ • Fiscal year 2018 • EIN 20-4996801

Jul 01, 2017 to Jun 30, 2018 • Filed on Sep 25, 2018

Organization Profile N/A

9945 Cumberland Pointe BlvdNoblesville, IN 46060

(317) 773-8659

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

28%

Higher net margin than 82% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

84%

Faster asset growth than 89% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

74%

Faster revenue growth than 90% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

$57,645

Up $26,330 (+84%) from 2017

Net Assets

$57,645

Up $26,330 (+84%) from 2017

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin82nd percentile

Revenue

$94,862

Up $40,276 (+74%) from 2017

Expenses

$68,532

Up $7,449 (+12%) from 2017

Net Income

$26,330

Up $32,827 (+505%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2018

Assets$57,645

Liabilities-

Net Assets$57,645

Open 2018 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2018

Revenue$94,862

Expenses$68,532

Net Income$26,330

Open 2018 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2017 to Jun 30, 2018
Signed: Sep 25, 2018
Return Version: 2017v2.3
Gross Receipts: $94,862

Mission and Program Overview

Mission

To support educational institutions, options charter schools, noblesville and carmel/westfield.

To support educational institutions, options charter schools, noblesville and carmel.

Program Services

Description	Grants	Expenses
TO SUPPORT THE OPTIONS CHARTER SCHOOLS IN CARMEL AND NOBLESVILLE.	-	$58,928
FUNDRAISING FOR CARMEL AND NOBLESVILLE SCHOOL ACTIVITIES.	-	-

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
RICK PHILLIPS	Chairman	-	$0	-	-
STACY SEGAL	Vice Chairma	-	$0	-	-
MATT ABBOT	Secretary	-	$0	-	-
HANNAH HEUSER	Treasurer	-	$0	-	-
GORDON HEMINGER	Member	-	$0	-	-
WILL MATTINGLY	Member	-	$0	-	-
VALERIE LOVE	Member	-	$0	-	-
MIKE GUSTIN	School Presi	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Options in Education
EIN: 20-4996801
Phone: 3177738659
Address: 9945 CUMBERLAND POINTE BLVD, NOBLESVILLE, IN 46060

Signing Officer

Name: Mike Gustin
Title: School President
Phone: 3177738659
Signed: 2018-09-25

Preparer

Firm: Charles Madden Pc
Address: 850 FORT WAYNE AVE, INDIANAPOLIS, IN 46204
Preparer: Daniel Marsh
Phone: 3172660480

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“School services payments 51,000 fundraiser - golf outing 6,504 bookstore income 4,417 prom income 2,078 graduation tickets 1,155 total 65,154”

Form 990-ez, Part I, Line 16

“Expenses advertising 1,603 travel 656 bookstore expense 3,081 bookstore sales tax 368 prom expense 678 graduation expense 2,850 scholarships 1,000 supplies 1,030 extended programs expense 13,917 other miscellaneous 1,191 golf outing exp/fundraisi 3,744 bank fees 456 donations 390 total 30,964”

Form 990-ez, Part III

“To support educational institutions, options charter schools, noblesville and carmel.”

Form 990-ez, Part III, Line 31

“Fundraising for carmel and noblesville school activities.”

Raw XML Appendix161 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	MIKE GUSTIN
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	3177738659
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	9945 CUMBERLAND POINTE BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	NOBLESVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	46060
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	31315
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	57645
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	29708
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	26330
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	37568
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	31315
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	57645
IRS990EZ/GrossReceiptsAmt	0	94862
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	31315
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	57645
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	31315
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	57645
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	5	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	6	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	7	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	6	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	7	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	RICK PHILLIPS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	STACY SEGAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	MATT ABBOT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	HANNAH HEUSER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	GORDON HEMINGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	WILL MATTINGLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	6	VALERIE LOVE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	7	MIKE GUSTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE CHAIRMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	6	MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	7	SCHOOL PRESI
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherExpensesTotalAmt	0	30964
IRS990EZ/OtherRevenueTotalAmt	0	65154
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	TO SUPPORT EDUCATIONAL INSTITUTIONS, OPTIONS CHARTER SCHOOLS, NOBLESVILLE AND CARMEL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	TO SUPPORT THE OPTIONS CHARTER SCHOOLS IN CARMEL AND NOBLESVILLE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	FUNDRAISING FOR CARMEL AND NOBLESVILLE SCHOOL ACTIVITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	58928
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	IN
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	68532
IRS990EZ/TotalProgramServiceExpensesAmt	0	58928
IRS990EZ/TotalRevenueAmt	0	94862
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt	0	70,152
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc	0	PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	29708
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	36393
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	47469
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	47402
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	7518
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	168490
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt	0	65154
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt	0	18193
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	17644
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	15432
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	18883
IRS990ScheduleA/OtherIncome170Grp/TotalAmt	0	135306
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.53110
IRS990ScheduleA/PublicSupportPY170Pct	0	0.60440
IRS990ScheduleA/PublicSupportTotal170Amt	0	168490
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	29708
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	36393
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	47469
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	47402
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	7518
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	168490
IRS990ScheduleA/TotalSupportAmt	0	317246
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt	0	13450
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt	0	13450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	SCHOOL SERVICES PAYMENTS 51,000 FUNDRAISER - GOLF OUTING 6,504 BOOKSTORE INCOME 4,417 PROM INCOME 2,078 GRADUATION TICKETS 1,155 TOTAL 65,154
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	EXPENSES ADVERTISING 1,603 TRAVEL 656 BOOKSTORE EXPENSE 3,081 BOOKSTORE SALES TAX 368 PROM EXPENSE 678 GRADUATION EXPENSE 2,850 SCHOLARSHIPS 1,000 SUPPLIES 1,030 EXTENDED PROGRAMS EXPENSE 13,917 OTHER MISCELLANEOUS 1,191 GOLF OUTING EXP/FUNDRAISI 3,744 BANK FEES 456 DONATIONS 390 TOTAL 30,964
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	TO SUPPORT EDUCATIONAL INSTITUTIONS, OPTIONS CHARTER SCHOOLS, NOBLESVILLE AND CARMEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	FUNDRAISING FOR CARMEL AND NOBLESVILLE SCHOOL ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS	0	2018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	MIKE GUSTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	SCHOOL PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	3177738659
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	OPTIONS IN EDUCATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt	0	FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt	0	OPTI
ReturnHeader/Filer/EIN	0	204996801
ReturnHeader/Filer/PhoneNum	0	3177738659
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	9945 CUMBERLAND POINTE BLVD
ReturnHeader/Filer/USAddress/CityNm	0	NOBLESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	IN
ReturnHeader/Filer/USAddress/ZIPCd	0	46060
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	83B329B7B82EF7E00438788AA2DE4F3065FCB5FF
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	9ADA0A70F12935D584BE9055B3FAC27BD77D75B7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	74.218.198.34
ReturnHeader/FilingSecurityInformation/IPDt	0	2018-10-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	CD
ReturnHeader/FilingSecurityInformation/IPTm	0	07:44:02
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	200503296
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	CHARLES MADDEN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	850 FORT WAYNE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	46204
ReturnHeader/PreparerPersonGrp/PhoneNum	0	3172660480
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2018-09-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	DANIEL MARSH
ReturnHeader/ReturnTs	0	2018-10-11T07:44:02-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2017-07-01
ReturnHeader/TaxPeriodEndDt	0	2018-06-30
ReturnHeader/TaxYr	0	2017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $57,645
Liabilities: -
Net assets: $57,645
Revenue: $94,862
Expenses: $68,532
Net income: $26,330

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$7.10	$3.29	$3.82	$0.39	$0.36	$0.03
2023Detailed filing. Detailed filing data is available for this year.	$7.23	$3.44	$3.79	$0.51	$0.38	$0.13
2022Detailed filing. Detailed filing data is available for this year.	$7.24	$3.59	$3.66	$0.81	$0.44	$0.38
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.	$6.96	$3.68	$3.28	$2.12	$0.06	$2.06
2020Detailed filing. Detailed filing data is available for this year.	$1.36	$0.00	$1.36	$1.34	$0.03	$1.31
2019Detailed filing. Detailed filing data is available for this year.	$0.05		$0.05	$0.03	$0.04	$0.01
2018Detailed filing. Detailed filing data is available for this year.	$0.06		$0.06	$0.09	$0.07	$0.03
2017Detailed filing. Detailed filing data is available for this year.	$0.03		$0.03	$0.05	$0.06	$0.01
2016Detailed filing. Detailed filing data is available for this year.	$0.04		$0.04	$0.07	$0.05	$0.02
2015Detailed filing. Detailed filing data is available for this year.	$0.02		$0.02	$0.06	$0.06	$0.00
2014Summary only. Only limited summary data is available for this year.	$0.02	$0.00		$0.04	$0.03	$0.01
2013Summary only. Only limited summary data is available for this year.	$0.01	$0.00		$0.02	$0.02	$0.00
2012Summary only. Only limited summary data is available for this year.	$0.01	$0.00		$0.07	$0.07	$0.00
2011Summary only. Only limited summary data is available for this year.	$0.01	$0.00		$0.05	$0.05	$0.00