Civic Intelligence

Indiana Online Learning Options Inc.

990 • Fiscal year 2024 • EIN 20-5905529

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 20, 2025

6640 Intech Boulevard 101Indianapolis, IN 46278

(317) 550-3188

Siviq Scores

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

Liabilities / Assets

67th percentile

0.43x

Higher debt load relative to assets than 67% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

25th percentile

0.13x

Higher debt load relative to revenue than 25% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

62nd percentile

9.6%

Higher net margin than 62% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

10th percentile

$133,532

Higher top officer pay than 10% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

56th percentile

7.8%

Faster asset growth than 56% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

38th percentile

4.5%

Faster revenue growth than 38% of similar nonprofits.

2024 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$16,283,404

Up $1,182,643 (+7.8%) from 2023

Net Assets

Up

$9,328,090

Up $5,159,163 (+124%) from 2023

Liabilities

Down

$6,955,314

Down $3,976,520 (-36%) from 2023

Revenue

Up

$53,798,287

Up $2,335,160 (+4.5%) from 2023

Expenses

Down

$48,639,124

Down $1,722,918 (-3.4%) from 2023

Net Income

Up

$5,159,163

Up $4,058,078 (+369%) from 2023

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2012: $4,780,930Liabilities 2012: $4,770,893Net Assets 2012: $10,0372012Assets 2013: $7,689,579Liabilities 2013: $7,613,893Net Assets 2013: $75,6862013Assets 2014: $7,385,521Liabilities 2014: $7,375,564Net Assets 2014: $9,9572014Assets 2015: $7,677,847Liabilities 2015: $7,667,027Net Assets 2015: $10,8202015Assets 2016: $9,601,743Liabilities 2016: $9,590,834Net Assets 2016: $10,9092016Assets 2017: $9,417,966Liabilities 2017: $9,402,517Net Assets 2017: $15,4492017Assets 2018: $12,538,584Liabilities 2018: $12,502,794Net Assets 2018: $35,7902018Assets 2019: $11,317,314Liabilities 2019: $11,288,049Net Assets 2019: $29,2652019Assets 2020: $8,539,900Liabilities 2020: $8,453,945Net Assets 2020: $85,9552020Assets 2021: $10,482,151Liabilities 2021: $10,450,237Net Assets 2021: $31,9142021Assets 2022: $12,225,551Liabilities 2022: $9,157,709Net Assets 2022: $3,067,8422022Assets 2023: $15,100,761Liabilities 2023: $10,931,834Net Assets 2023: $4,168,9272023Assets 2024: $16,283,404Liabilities 2024: $6,955,314Net Assets 2024: $9,328,0902024

Highlighted filing

2024

Assets$16,283,404
Liabilities$6,955,314
Net Assets$9,328,090

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2012: $4,815,338Expenses 2012: $4,805,301Net Income 2012: $10,0372012Revenue 2013: $14,660,703Expenses 2013: $14,587,337Net Income 2013: $73,3662013Revenue 2014: $18,522,725Expenses 2014: $18,588,454Net Income 2014: -$65,7292014Revenue 2015: $21,099,131Expenses 2015: $21,098,268Net Income 2015: $8632015Revenue 2016: $24,363,570Expenses 2016: $24,363,481Net Income 2016: $892016Revenue 2017: $26,273,964Expenses 2017: $26,269,424Net Income 2017: $4,5402017Revenue 2018: $29,975,144Expenses 2018: $29,954,803Net Income 2018: $20,3412018Revenue 2019: $34,341,237Expenses 2019: $34,347,762Net Income 2019: -$6,5252019Revenue 2020: $35,771,655Expenses 2020: $35,714,965Net Income 2020: $56,6902020Revenue 2021: $47,254,530Expenses 2021: $47,308,571Net Income 2021: -$54,0412021Revenue 2022: $51,647,186Expenses 2022: $48,611,258Net Income 2022: $3,035,9282022Revenue 2023: $51,463,127Expenses 2023: $50,362,042Net Income 2023: $1,101,0852023Revenue 2024: $53,798,287Expenses 2024: $48,639,124Net Income 2024: $5,159,1632024

Highlighted filing

2024

Revenue$53,798,287
Expenses$48,639,124
Net Income$5,159,163
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 20, 2025
Return Version
2023v6.0
Gross Receipts
$53,798,287
Mission and Program Overview

Mission

To maximize academic achievement for students in grades k-12 throughout the state of indiana who need an alternative to the traditional classroom.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,672,966$12,785,558▲ $1,112,592
Pledges and Grants Receivable$3,374,109$3,463,965▲ $89,856
Land, Buildings, and Equipment, Net$53,686$33,881▼ $19,805
Total Assets$15,100,761$16,283,404▲ $1,182,643
Liabilities
Other Liabilities$9,621,861$5,677,812▼ $3,944,049
Accounts Payable and Accrued Expenses$1,287,085$1,245,602▼ $41,483
Deferred Revenue$22,888$31,900▲ $9,012
Total Liabilities$10,931,834$6,955,314▼ $3,976,520
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,168,927$9,328,090▲ $5,159,163
Total Net Assets Fund Balance$4,168,927$9,328,090▲ $5,159,163
Total Liabilities and Net Assets / Fund Balance$15,100,761$16,283,404▲ $1,182,643

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$29,323$66,577$95,900
Equipment$4,558$90,386$94,944
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kelly SimoneSchool LeaderFT$121,444$12,088$133,532

Board Members and Trustees

NameTitle
Stacy TaylorBoard President
Micah SmithBoard Member
Andrew NorrisTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Pearson Virtual SchoolsManagement Services509 S EXETER STREET SUITE 2-2, Baltimore, MD 21202$51,240,172
Revenue and Support

Revenue Composition

Contributions and Grants
$53,756,745
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$41,542
Change in Net Assets
$5,159,163

Audited Revenue Reconciliation

Revenue per Audited Statements
$53,798,287
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$53,798,287
Total Revenue per Form 990
$53,798,287
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$31,984,342
Salaries, Compensation, and Employee Benefits$16,654,782
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,582,551--$12,582,551
Office Expenses$9,023,501--$9,023,501
Information Technology$5,691,822--$5,691,822
Other Employee Benefits$2,726,178--$2,726,178
Fees for Services Management$2,179,945$334,346-$2,514,291
Payroll Taxes$920,389--$920,389
Other Expenses$560,241$1,157,293-$560,241
Pension Plan Contributions$295,877--$295,877
All Other Expenses$233,410$45,453-$278,863
Current Officers, Directors, Trustees, and Key Employees$129,787--$129,787
Travel$32,112--$32,112
Occupancy$29,799--$29,799
Depreciation Depletion$19,805--$19,805
Insurance-$5,154-$5,154
Fees for Services Accounting-$4,549-$4,549
Fees for Services Legal-$2,133-$2,133
Total Functional Expenses$41,959,752$6,679,372$0$48,639,124

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$48,639,124
Total Expenses per Audited Statements$48,639,124
Total Expenses per Form 990$48,639,124
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Connections Academy of Indiana, LLC$5,677,812
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

PEARSON VIRTUAL SCHOOLS

Form 990, Part VI, Section A, Line 8B

The school does not have committees with the authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 is provided electronically to all members of the board for review before filing.

Form 990, Part VI, Section B, Line 12C

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.

Form 990, Part VI, Section B, Line 15

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.

Form 990, Part VI, Section C, Line 19

A copy of the completed form 990 can be found by going to www.guidestar.org. All documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Indiana Online Learning Options Inc
EIN
20-5905529
Phone
3175503188
Address
6640 INTECH BOULEVARD 101, INDIANAPOLIS, IN 46278

Signing Officer

Name
Stacy Taylor
Title
Board President
Phone
3175503188
Signed
2025-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stacy Taylor
Formed
2005
Legal Domicile
In
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Cliftonlarsonallen Llp
Address
301 SW ADAMS STREET SUITE 1000, PEORIA, IL 61602
Preparer
Andrew Smith CPA
Phone
3096714500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Staff development and recruitment: program service expenses 224,135. Management and general expenses 45,453. Fundraising expenses 0. Total expenses 269,588. Equipment: program service expenses 6,973. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,973. Repairs & maintenance: program service expenses 2,302. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,302.

FORM 990, PART XII, LINE 2C:

The organization's process for oversight of the audit has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Iol has received a determination from the 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, iol would be subject to tax on income unrelated to its tax-exempt purpose. For the periods ended june 30, 2024 and 2023, no accounting for federal and state income taxes was required to be included in the accompanying financial statements. Professional accounting standards require iol to recognize a tax liability only if it is more likely than not the tax position would not be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax liability that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax liability is recorded. Iol has examined this issue and has determined that there are no material contingent tax liabilities or questionable tax positions. The u.s. Federal and state income tax returns of iol are subject to examination by the internal revenue service and state taxing authorities, generally for three years after they were filed.

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

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IRS990/PYOtherExpensesAmt033314862
IRS990/PYOtherRevenueAmt010025
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01101085
IRS990/PYSalariesCompEmpBnftPaidAmt017047180
IRS990/PYTotalExpensesAmt050362042
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt051463127
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt05159163
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt041542
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt04558
IRS990ScheduleD/EquipmentGrp/DepreciationAmt090386
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt094944
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt048639124
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt029323
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt066577
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt095900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05677812
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO CONNECTIONS ACADEMY OF INDIANA, LLC
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt053798287
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IOL HAS RECEIVED A DETERMINATION FROM THE 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, IOL WOULD BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS TAX-EXEMPT PURPOSE. FOR THE PERIODS ENDED JUNE 30, 2024 AND 2023, NO ACCOUNTING FOR FEDERAL AND STATE INCOME TAXES WAS REQUIRED TO BE INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PROFESSIONAL ACCOUNTING STANDARDS REQUIRE IOL TO RECOGNIZE A TAX LIABILITY ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD NOT BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX LIABILITY THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX LIABILITY IS RECORDED. IOL HAS EXAMINED THIS ISSUE AND HAS DETERMINED THAT THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. THE U.S. FEDERAL AND STATE INCOME TAX RETURNS OF IOL ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt033881
IRS990ScheduleD/TotalExpensesPerForm990Amt048639124
IRS990ScheduleD/TotalLiabilityAmt05677812
IRS990ScheduleD/TotalRevenuePerForm990Amt053798287
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt053798287
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt048639124
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0AS 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/ExplanationTxt1AS 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/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PEARSON VIRTUAL SCHOOLS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT HAVE COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS PROVIDED ELECTRONICALLY TO ALL MEMBERS OF THE BOARD FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN 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/ExplanationTxt4THE 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/ExplanationTxt5A COPY OF THE COMPLETED FORM 990 CAN BE FOUND BY GOING TO WWW.GUIDESTAR.ORG. ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6STAFF DEVELOPMENT AND RECRUITMENT: PROGRAM SERVICE EXPENSES 224,135. MANAGEMENT AND GENERAL EXPENSES 45,453. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 269,588. EQUIPMENT: PROGRAM SERVICE EXPENSES 6,973. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,973. REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 2,302. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,302.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION'S PROCESS FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt015100761
IRS990/TotalAssetsEOYAmt016283404
IRS990/TotalAssetsGrp/BOYAmt015100761
IRS990/TotalAssetsGrp/EOYAmt016283404
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt053756745
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06679372
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt041959752
IRS990/TotalFunctionalExpensesGrp/TotalAmt048639124
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010931834
IRS990/TotalLiabilitiesEOYAmt06955314
IRS990/TotalLiabilitiesGrp/BOYAmt010931834
IRS990/TotalLiabilitiesGrp/EOYAmt06955314
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04168927
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09328090
IRS990/TotalOtherCompensationAmt012088
IRS990/TotalProgramServiceExpensesAmt041959752
IRS990/TotalReportableCompFromOrgAmt0121444
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt041542
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt053798287
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt015100761
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt016283404
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt032112
IRS990/TravelGrp/TotalAmt032112
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06640 INTECH BOULEVARD 101
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046278
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.CONNECTIONSACADEMY.COM/INDIANA
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STACY TAYLOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03175503188
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDIANA ONLINE LEARNING OPTIONS INC
ReturnHeader/Filer/BusinessNameControlTxt0INDI
ReturnHeader/Filer/EIN0205905529
ReturnHeader/Filer/PhoneNum03175503188
ReturnHeader/Filer/USAddress/AddressLine1Txt06640 INTECH BOULEVARD 101
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046278
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 SW ADAMS STREET SUITE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PEORIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061602
ReturnHeader/PreparerPersonGrp/PhoneNum03096714500
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW SMITH CPA
ReturnHeader/ReturnTs02025-03-27T09:51:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.3$6.96$9.33$53.8$48.6$5.16
2023Summary only. Only limited summary data is available for this year.$15.1$10.9$4.17$51.5$50.4$1.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$9.16$3.07$51.6$48.6$3.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$10.5$0.03$47.3$47.3$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.54$8.45$0.09$35.8$35.7$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$11.3$0.03$34.3$34.3$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$12.5$0.04$30.0$30.0$0.02
2017Summary only. Only limited summary data is available for this year.$9.42$9.40$0.02$26.3$26.3$0.00
2016Summary only. Only limited summary data is available for this year.$9.60$9.59$0.01$24.4$24.4$0.00
2015Summary only. Only limited summary data is available for this year.$7.68$7.67$0.01$21.1$21.1$0.00
2014Summary only. Only limited summary data is available for this year.$7.39$7.38$0.01$18.5$18.6$0.07
2013Summary only. Only limited summary data is available for this year.$7.69$7.61$0.08$14.7$14.6$0.07
2012Summary only. Only limited summary data is available for this year.$4.78$4.77$0.01$4.82$4.81$0.01