Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
990 • Fiscal year 2020 • EIN 20-5905529
Refreshing map…
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Liabilities / Revenue
38th percentile
Higher debt load relative to revenue than 38% of similar nonprofits.
Net Margin
35th percentile
Higher net margin than 35% of similar nonprofits.
Top Officer Pay
8th percentile
Higher top officer pay than 8% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
53rd percentile
Faster revenue growth than 53% of similar nonprofits.
Assets
Down$8,539,900
Down $2,777,414 (-25%) from 2019
Net Assets
Up$85,955
Up $56,690 (+194%) from 2019
Liabilities
Down$8,453,945
Down $2,834,104 (-25%) from 2019
Revenue
Up$35,771,655
Up $1,430,418 (+4.2%) from 2019
Expenses
Up$35,714,965
Up $1,367,203 (+4.0%) from 2019
Net Income
Up$56,690
Up $63,215 (+969%) from 2019
To maximize academic achievement for students in grades k-12 throughout the state of indiana who need an alternative to the traditional classroom.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $6,233,510 | $6,677,067 | ▲ $443,557 |
| Pledges and Grants Receivable | $5,057,542 | $1,849,467 | ▼ $3,208,075 |
| Land, Buildings, and Equipment, Net | $26,262 | $13,366 | ▼ $12,896 |
| Total Assets | $11,317,314 | $8,539,900 | ▼ $2,777,414 |
| Liabilities | |||
| Other Liabilities | $10,410,885 | $7,427,954 | ▼ $2,982,931 |
| Accounts Payable and Accrued Expenses | $877,164 | $1,002,171 | ▲ $125,007 |
| Deferred Revenue | $0 | $23,820 | ▲ $23,820 |
| Total Liabilities | $11,288,049 | $8,453,945 | ▼ $2,834,104 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $29,265 | $85,955 | ▲ $56,690 |
| Total Net Assets Fund Balance | $29,265 | $85,955 | ▲ $56,690 |
| Total Liabilities and Net Assets / Fund Balance | $11,317,314 | $8,539,900 | ▼ $2,777,414 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $13,222 | $81,722 | $94,944 |
| Leasehold Improvements | $144 | $4,424 | $4,568 |
| Name | Title |
|---|---|
| Stacy Taylor | President |
| Tara Saxon | Board Member |
| Lori Lego | Secretary |
| Andrew Norris | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Connections Education | Education Management | 10960 GRANTCHESTER WAY, Columbia, MD 21044 | $37,313,599 |
| Line Item | Amount |
|---|---|
| Other Expenses | $23,486,428 |
| Salaries, Compensation, and Employee Benefits | $12,228,537 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $9,465,587 | - | - | $9,465,587 |
| Information Technology | $4,859,643 | - | - | $4,859,643 |
| Other Employee Benefits | $1,652,740 | - | - | $1,652,740 |
| Fees for Services Management | $977,629 | $250,000 | - | $1,227,629 |
| All Other Expenses | $610,953 | $386,786 | - | $997,739 |
| Payroll Taxes | $696,188 | - | - | $696,188 |
| Other Expenses | $567,617 | $1,945 | - | $569,562 |
| Pension Plan Contributions | $414,022 | - | - | $414,022 |
| Occupancy | $163,727 | - | - | $163,727 |
| Fees for Services Legal | - | $109,204 | - | $109,204 |
| Travel | $98,242 | - | - | $98,242 |
| Depreciation Depletion | $12,896 | - | - | $12,896 |
| Insurance | - | $5,816 | - | $5,816 |
| Fees for Services Accounting | - | $2,619 | - | $2,619 |
| Total Functional Expenses | $31,112,089 | $4,602,876 | $0 | $35,714,965 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $35,714,965 |
| Total Expenses per Audited Statements | $35,714,965 |
| Total Expenses per Form 990 | $35,714,965 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Connections Academy of Indiana, LLC | $7,427,954 |
“The organization entered into a professional services agreement with connections academy of indiana, llc. Connections academy of indiana, llc agrees to provide educational services (including but not limited to providing instructional materials, learning plans, recruitment and retention of teachers and administrators, and staff development) and various administrative services (including but not limited to human resource management, acconting functions, billing and collections).”
“The school does not have committees with the authority to act on behalf of the governing body.”
“A copy of the form 990 is provided electronically to all members of the board for review before filing.”
“In connection with any transaction or arrangement that might give rise to a conflict of interest, disclosures must be made before the start of a regularly scheduled board meeting.”
“The organization is managed by connections acadmey of indiana, llc and as such does not directly employ a ceo, executive director, or other executive personnel. Compensation of school personnel is determined by reference to industry norms and approved by the board of directors. Compensation for other school employees is approved by the principal of the academy. Salaries for other employees are based on compensation data for positions in similar fields.”
“A copy of the completed form 990 can be found by going to www.guidestar.org. All documents are available upon request.”
“Testing: program service expenses 553,780. Management and general expenses 0. Fundraising expenses 0. Total expenses 553,780. All other expenses: program service expenses 44,658. Management and general expenses 386,786. Fundraising expenses 0. Total expenses 431,444. Equipment: program service expenses 9,593. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,593. Repairs and maintenance: program service expenses 2,922. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,922.”
“The organization's process for oversight of the audit has not changed from the prior year.”
“Iolo has recieved a determination from the u.s. Treasury department stating that it qualifies under the provisions of section 501(c)(3) of the internal revenue code as a tax-exempt organization; however, iolo would be subject to tax on income unrelated to its tax-exempt purpose. For the year ended june 30, 2020, no accounting for federal and state income taxes was required to be included in the financial statements.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 877164 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 1002171 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO MAXIMIZE ACADEMIC ACHIEVEMENT FOR STUDENTS IN GRADES K-12 THROUGHOUT THE STATE OF INDIANA WHO NEED AN ALTERNATIVE TO THE TRADITIONAL CLASSROOM. |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 386786 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 610953 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 997739 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | TRACEY GIANONI |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8609196604 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 10960 GRANTCHESTER WAY |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | COLUMBIA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 21044 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 6233510 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 6677067 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 37313599 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 10960 GRANTCHESTER WAY |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | COLUMBIA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 21044 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | CONNECTIONS EDUCATION |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | EDUCATION MANAGEMENT |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 35771655 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 23486428 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 56690 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 12228537 |
| IRS990/CYTotalExpensesAmt | 0 | 35714965 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 35771655 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 23820 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 12896 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 12896 |
| IRS990/Desc | 0 | INDIANA ONLINE LEARNING OPTIONS, INC. IS A PUBLIC VIRTUAL CHARTER SCHOOL LOCATED IN INDIANAPOLIS, INDIANA THAT SERVES STUDENTS IN GRADES K-12 THROUGHOUT THE STATE OF INDIANA. DURING THE 2019-2020 ACADEMIC YEAR, THE ACADEMY PROVIDED QUALITY PUBLIC EDUCATION ON-LINE TO APPROXIMATELY 5,100 STUDENTS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 31112089 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2619 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2619 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 109204 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 109204 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 250000 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 977629 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 1227629 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | STACY TAYLOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ANDREW NORRIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | TARA SAXON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LORI LEGO |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2005 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GovernmentGrantsAmt | 0 | 35771655 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 35771655 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 4859643 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 4859643 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 5816 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5816 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 86146 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 26262 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 13366 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 99512 |
| IRS990/LegalDomicileStateCd | 0 | IN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO MAXIMIZE ACADEMIC ACHIEVEMENT FOR STUDENTS IN GRADES K-12 THROUGHOUT THE STATE OF INDIANA WHO NEED AN ALTERNATIVE TO THE TRADITIONAL CLASSROOM. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 29265 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 85955 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 29265 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 85955 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 163727 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 163727 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 1652740 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 1652740 |
| IRS990/OtherExpensesGrp/Desc | 0 | ADMINISTRATION AND SUPP |
| IRS990/OtherExpensesGrp/Desc | 1 | INSTRUCTIONAL MATERIALS |
| IRS990/OtherExpensesGrp/Desc | 2 | AUTHORIZOR FEES |
| IRS990/OtherExpensesGrp/Desc | 3 | STAFF DEVELOPMENT |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2971304 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 875202 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 1945 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 5108840 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 6484005 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 567617 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 8080144 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 6484005 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 875202 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 569562 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 10410885 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 7427954 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 9465587 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 9465587 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 696188 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 696188 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 414022 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 414022 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 5057542 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 1849467 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | STACY TAYLOR |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 34341237 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 22750514 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -6525 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 11597248 |
| IRS990/PYTotalExpensesAmt | 0 | 34347762 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 34341237 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 56690 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 13222 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 81722 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 94944 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 35714965 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 144 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 4424 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 4568 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 7427954 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO CONNECTIONS ACADEMY OF INDIANA, LLC |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 35771655 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | IOLO HAS RECIEVED A DETERMINATION FROM THE U.S. TREASURY DEPARTMENT STATING THAT IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS A TAX-EXEMPT ORGANIZATION; HOWEVER, IOLO WOULD BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS TAX-EXEMPT PURPOSE. FOR THE YEAR ENDED JUNE 30, 2020, NO ACCOUNTING FOR FEDERAL AND STATE INCOME TAXES WAS REQUIRED TO BE INCLUDED IN THE FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 13366 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 35714965 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 7427954 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 35771655 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 35771655 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 35714965 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 1 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | AS A VIRTUAL SCHOOL, IOLO PUBLISHES ITS POLICY ON-LINE WHICH ADMITS STUDENTS AND CONDUCTS ALL EDUCATIONAL PROGRAMS, ACTIVITIES, AND EMPLOYMENT PRACTICES WITHOUT DISCRIMINATION ON THE BASIS OF SEX, RACE, RELIGION, AGE, NATIONAL ORIGIN, ANCESTRY, CREED, SEXUAL ORIENTATION, DISABILITY, OR ANY OTHER LEGALLY PROTECTED CLASSIFICATION. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | AS A PUBLIC CHARTER SCHOOL, THE ORGANIZATION RECEIVES TUITION FUNDING FROM THE STATE OF INDIANA AS WELL AS FUNDING UNDER FEDERAL GRANT PROGRAMS ADMINISTERED BY THE INDIANA DEPARTMENT OF EDUCATION. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, PART I, LINE 6 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION ENTERED INTO A PROFESSIONAL SERVICES AGREEMENT WITH CONNECTIONS ACADEMY OF INDIANA, LLC. CONNECTIONS ACADEMY OF INDIANA, LLC AGREES TO PROVIDE EDUCATIONAL SERVICES (INCLUDING BUT NOT LIMITED TO PROVIDING INSTRUCTIONAL MATERIALS, LEARNING PLANS, RECRUITMENT AND RETENTION OF TEACHERS AND ADMINISTRATORS, AND STAFF DEVELOPMENT) AND VARIOUS ADMINISTRATIVE SERVICES (INCLUDING BUT NOT LIMITED TO HUMAN RESOURCE MANAGEMENT, ACCONTING FUNCTIONS, BILLING AND COLLECTIONS). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE SCHOOL DOES NOT HAVE COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | A COPY OF THE FORM 990 IS PROVIDED ELECTRONICALLY TO ALL MEMBERS OF THE BOARD FOR REVIEW BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | IN CONNECTION WITH ANY TRANSACTION OR ARRANGEMENT THAT MIGHT GIVE RISE TO A CONFLICT OF INTEREST, DISCLOSURES MUST BE MADE BEFORE THE START OF A REGULARLY SCHEDULED BOARD MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION IS MANAGED BY CONNECTIONS ACADMEY OF INDIANA, LLC AND AS SUCH DOES NOT DIRECTLY EMPLOY A CEO, EXECUTIVE DIRECTOR, OR OTHER EXECUTIVE PERSONNEL. COMPENSATION OF SCHOOL PERSONNEL IS DETERMINED BY REFERENCE TO INDUSTRY NORMS AND APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION FOR OTHER SCHOOL EMPLOYEES IS APPROVED BY THE PRINCIPAL OF THE ACADEMY. SALARIES FOR OTHER EMPLOYEES ARE BASED ON COMPENSATION DATA FOR POSITIONS IN SIMILAR FIELDS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | A COPY OF THE COMPLETED FORM 990 CAN BE FOUND BY GOING TO WWW.GUIDESTAR.ORG. ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | TESTING: PROGRAM SERVICE EXPENSES 553,780. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 553,780. ALL OTHER EXPENSES: PROGRAM SERVICE EXPENSES 44,658. MANAGEMENT AND GENERAL EXPENSES 386,786. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 431,444. EQUIPMENT: PROGRAM SERVICE EXPENSES 9,593. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,593. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 2,922. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,922. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE ORGANIZATION'S PROCESS FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART IX, LINE 24E |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XII, LINE 2C: |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | IN |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 11317314 |
| IRS990/TotalAssetsEOYAmt | 0 | 8539900 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 11317314 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 8539900 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 35771655 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 4602876 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 31112089 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 35714965 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 11288049 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 8453945 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 11288049 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 8453945 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 29265 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 85955 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 31112089 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 35771655 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 5 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 11317314 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 8539900 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 98242 |
| IRS990/TravelGrp/TotalAmt | 0 | 98242 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 6640 INTECH BOULEVARD 250 |
| IRS990/USAddress/CityNm | 0 | INDIANAPOLIS |
| IRS990/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990/USAddress/ZIPCd | 0 | 46278 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | WWW.CONNECTIONSACADEMY.COM/INDIANA |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STACY TAYLOR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | BOARD PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3175503188 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-05-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | INDIANA ONLINE LEARNING OPTIONS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INDI |
| ReturnHeader/Filer/EIN | 0 | 205905529 |
| ReturnHeader/Filer/PhoneNum | 0 | 3175503188 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 6640 INTECH BOULEVARD 250 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | INDIANAPOLIS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 46278 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 410746749 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CLIFTONLARSONALLEN LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 301 SW ADAMS STREET SUITE 1000 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PEORIA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 61602 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3096714500 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-05-10 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ANDREW SMITH CPA |
| ReturnHeader/ReturnTs | 0 | 2021-05-14T13:22:31-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-06-30 |
| ReturnHeader/TaxYr | 0 | 2019 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.