Civic Intelligence

Options in Education Foundation Inc.

990 • Fiscal year 2020 • EIN 20-4996801

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 20, 2020

Organization ProfileN/A
18077 River Rd Suite 106Noblesville, IN 46062

(317) 773-8659

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

99th percentile

98%

Higher net margin than 99% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

100th percentile

2710%

Faster asset growth than 100% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

100th percentile

4859%

Faster revenue growth than 100% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$1,362,162

Up $1,313,691 (+2710%) from 2019

Net Assets

Up

$1,362,162

Up $1,313,691 (+2710%) from 2019

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin99th percentile

Revenue

Up

$1,340,337

Up $1,313,306 (+4859%) from 2019

Expenses

Down

$26,646

Down $9,556 (-26%) from 2019

Net Income

Up

$1,313,691

Up $1,322,862 (+14424%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $5,530Liabilities 2011: $02011Assets 2012: $6,968Liabilities 2012: $02012Assets 2013: $8,219Liabilities 2013: $02013Assets 2014: $15,650Liabilities 2014: $02014Assets 2015: $18,838Net Assets 2015: $18,8382015Assets 2016: $37,812Net Assets 2016: $37,8122016Assets 2017: $31,315Net Assets 2017: $31,3152017Assets 2018: $57,645Net Assets 2018: $57,6452018Assets 2019: $48,471Net Assets 2019: $48,4712019Assets 2020: $1,362,162Liabilities 2020: $0Net Assets 2020: $1,362,1622020Assets 2021: $6,962,499Liabilities 2021: $3,680,525Net Assets 2021: $3,281,9742021Assets 2022: $7,243,218Liabilities 2022: $3,586,010Net Assets 2022: $3,657,2082022Assets 2023: $7,227,870Liabilities 2023: $3,441,392Net Assets 2023: $3,786,4782023Assets 2024: $7,103,688Liabilities 2024: $3,286,976Net Assets 2024: $3,816,7122024

Highlighted filing

2020

Assets$1,362,162
Liabilities$0
Net Assets$1,362,162
Open 2020 Filing

Operations Trend

Revenue Growth100th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $51,295Expenses 2011: $54,176Net Income 2011: -$2,8812011Revenue 2012: $70,144Expenses 2012: $68,707Net Income 2012: $1,4372012Revenue 2013: $18,268Expenses 2013: $17,018Net Income 2013: $1,2502013Revenue 2014: $40,851Expenses 2014: $33,420Net Income 2014: $7,4312014Revenue 2015: $62,834Expenses 2015: $59,645Net Income 2015: $3,1892015Revenue 2016: $65,480Expenses 2016: $46,507Net Income 2016: $18,9732016Revenue 2017: $54,586Expenses 2017: $61,083Net Income 2017: -$6,4972017Revenue 2018: $94,862Expenses 2018: $68,532Net Income 2018: $26,3302018Revenue 2019: $27,031Expenses 2019: $36,202Net Income 2019: -$9,1712019Revenue 2020: $1,340,337Expenses 2020: $26,646Net Income 2020: $1,313,6912020Revenue 2021: $2,119,902Expenses 2021: $59,180Net Income 2021: $2,060,7222021Revenue 2022: $810,817Expenses 2022: $435,583Net Income 2022: $375,2342022Revenue 2023: $512,087Expenses 2023: $383,775Net Income 2023: $128,3122023Revenue 2024: $392,249Expenses 2024: $362,015Net Income 2024: $30,2342024

Highlighted filing

2020

Revenue$1,340,337
Expenses$26,646
Net Income$1,313,691
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 20, 2020
Return Version
2019v5.0
Gross Receipts
$1,340,337
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$1,323,525-
Cash and Non-Interest-Bearing Accounts$48,471$38,637▼ $9,834
Total Assets$48,471$1,362,162▲ $1,313,691
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$48,471$1,362,162▲ $1,313,691
Total Net Assets Fund Balance$48,471$1,362,162▲ $1,313,691
Total Liabilities and Net Assets / Fund Balance$48,471$1,362,162▲ $1,313,691

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$322,840--
Land$1,000,685--
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Stacy SegalBoard Chair
Matthew AbbottVice Chair
Gordon HemingerBoard
Brenda FlowersBoard Member
Bob BarkerMember
Hannah HeuserMember
John KerrMember
Thomas Lyons IiiMember
Valerie LoveMember
Will MattinglySecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$1,340,337
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$16,812
Change in Net Assets
$1,313,691

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Real Estate Commercial3$1,323,525
Total Noncash Contributions3$1,323,525
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$26,646
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$16,102--$16,102
Fees for Services Management$6,078--$6,078
Fees for Services Accounting-$1,511-$1,511
Other Expenses$2,500$-183-$-183
Total Functional Expenses$24,680$1,966$0$26,646
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Review by cfo, then by full board at meeting.”

Form 990, Page 6, Part VI, Line 12C

“Members review the policy and conflicts annually and sign a form stating possible conflicts.”

Form 990, Page 6, Part VI, Line 15A

“N/a. Foundation does not have any staff or pay any management personnel.”

Form 990, Page 6, Part VI, Line 15B

“N/a. Foundation does not have any staff or pay any management personnel.”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Options in Education
EIN
20-4996801
Phone
3177738659
Address
18077 RIVER RD SUITE 106, NOBLESVILLE, IN 46062

Signing Officer

Name
Jake Brandau
Title
CFO
Phone
3177738659
Signed
2020-11-20

Organization Details

Principal Officer
Jake Brandau
Legal Domicile
In
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

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

Additional Explanations

Form 990, Page 5, Part V, Line 3B

“No unrelated income generated in current year.”

Form 990, Part IX, Line 11G

“School support payments 16,102 0 0”

Raw XML Appendix324 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
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO UNRELATED INCOME GENERATED IN CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEW BY CFO, THEN BY FULL BOARD AT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS REVIEW THE POLICY AND CONFLICTS ANNUALLY AND SIGN A FORM STATING POSSIBLE CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3N/A. FOUNDATION DOES NOT HAVE ANY STAFF OR PAY ANY MANAGEMENT PERSONNEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4N/A. FOUNDATION DOES NOT HAVE ANY STAFF OR PAY ANY MANAGEMENT PERSONNEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SCHOOL SUPPORT PAYMENTS 16,102 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 5, PART V, LINE 3B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt048471
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01362162
IRS990/TotalProgramServiceExpensesAmt024680
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01340337
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt048471
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01362162
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JAKE BRANDAU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum03177738659
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPTIONS IN EDUCATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0OPTI
ReturnHeader/Filer/EIN0204996801
ReturnHeader/Filer/PhoneNum03177738659
ReturnHeader/Filer/USAddress/AddressLine1Txt018077 RIVER RD SUITE 106
ReturnHeader/Filer/USAddress/CityNm0NOBLESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046062
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BD88BAA76A1A68EC37CAD8650E4A13BFE910192C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09ADA0A70F12935D584BE9055B3FAC27BD77D75B7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.218.198.34
ReturnHeader/FilingSecurityInformation/IPDt02020-11-23
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm008:19:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200503296
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHARLES MADDEN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0850 FORT WAYNE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046204
ReturnHeader/PreparerPersonGrp/PhoneNum03172660480
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL MARSH
ReturnHeader/ReturnTs02020-11-23T08:19:14-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,362,162
Liabilities
$0
Net assets
$1,362,162
Revenue
$1,340,337
Expenses
$26,646
Net income
$1,313,691
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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