Civic Intelligence

Knova Learning Oregon Knova Reynolds Public Charter School

990 • Fiscal year 2016 • EIN 26-4822611

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 14, 2016

Organization ProfileWWW.KNOVALEARNING.COM
740 SE 182nd AvePortland, OR 97233

(503) 907-1023

Siviq Scores

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

Liabilities / Assets

99th percentile

4.01x

Higher debt load relative to assets than 99% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

80th percentile

0.62x

Higher debt load relative to revenue than 80% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

11th percentile

-29%

Higher net margin than 11% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

40th percentile

$31,621

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

3rd percentile

-34%

Faster asset growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

62nd percentile

8.0%

Faster revenue growth than 62% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$458,533

Down $237,409 (-34%) from 2015

Net Assets

Down

-$1,381,830

Down $867,970 (-169%) from 2015

Liabilities

Up

$1,840,363

Up $630,561 (+52%) from 2015

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin11th percentile

Revenue

Up

$2,950,104

Up $219,437 (+8.0%) from 2015

Expenses

Up

$3,801,583

Up $1,600,362 (+73%) from 2015

Net Income

Down

-$851,479

Down $1,380,925 (-261%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$10M$5.0M$0-$5.0MAssets 2013: $895,390Liabilities 2013: $1,189,181Net Assets 2013: -$293,7912013Assets 2014: $466,360Liabilities 2014: $878,624Net Assets 2014: -$412,2642014Assets 2015: $695,942Liabilities 2015: $1,209,802Net Assets 2015: -$513,8602015Assets 2016: $458,533Liabilities 2016: $1,840,363Net Assets 2016: -$1,381,8302016Assets 2017: $1,535,196Liabilities 2017: $2,701,975Net Assets 2017: -$1,166,7792017Assets 2018: $955,623Liabilities 2018: $2,268,535Net Assets 2018: -$1,312,9122018Assets 2019: $1,447,909Liabilities 2019: $2,374,537Net Assets 2019: -$926,6282019Assets 2020: $1,880,053Liabilities 2020: $2,867,707Net Assets 2020: -$987,6542020Assets 2021: $2,675,640Liabilities 2021: $2,865,940Net Assets 2021: -$190,3002021Assets 2022: $6,407,195Liabilities 2022: $6,158,350Net Assets 2022: $248,8452022Assets 2023: $7,958,166Liabilities 2023: $6,533,161Net Assets 2023: $1,425,0052023Assets 2024: $8,194,578Liabilities 2024: $6,214,017Net Assets 2024: $1,980,5612024

Highlighted filing

2016

Assets$458,533
Liabilities$1,840,363
Net Assets-$1,381,830
Open 2016 Filing

Operations Trend

Revenue Growth62nd percentile

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

$10M$5.0M$0-$5.0MExpenses 2013: $2,061,5262013Revenue 2014: $2,736,274Expenses 2014: $2,854,747Net Income 2014: -$118,4732014Revenue 2015: $2,730,667Expenses 2015: $2,201,221Net Income 2015: $529,4462015Revenue 2016: $2,950,104Expenses 2016: $3,801,583Net Income 2016: -$851,4792016Revenue 2017: $3,151,201Expenses 2017: $2,936,150Net Income 2017: $215,0512017Revenue 2018: $2,739,034Expenses 2018: $2,885,167Net Income 2018: -$146,1332018Revenue 2019: $3,075,388Expenses 2019: $2,689,104Net Income 2019: $386,2842019Revenue 2020: $2,798,728Expenses 2020: $2,859,754Net Income 2020: -$61,0262020Revenue 2021: $3,436,072Expenses 2021: $2,652,188Net Income 2021: $783,8842021Revenue 2022: $3,314,708Expenses 2022: $2,875,563Net Income 2022: $439,1452022Revenue 2023: $7,647,357Expenses 2023: $6,471,197Net Income 2023: $1,176,1602023Revenue 2024: $5,913,073Expenses 2024: $5,357,517Net Income 2024: $555,5562024

Highlighted filing

2016

Revenue$2,950,104
Expenses$3,801,583
Net Income-$851,479
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 14, 2016
Return Version
2015v2.0
Gross Receipts
$2,950,104
Mission and Program Overview

Mission

Operation of a public charter school.

Operation of a charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$20,521$61,631▲ $41,110
Accounts Receivable-$39,259-
Savings and Temporary Cash Investments$25,005$35,031▲ $10,026
Cash and Non-Interest-Bearing Accounts$62,348$9,654▼ $52,694
Land, Buildings, and Equipment, Net$187,885$5,705▼ $182,180
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$695,942$458,533▼ $237,409
Other Assets Total$400,183$307,253▼ $92,930
Liabilities
Other Liabilities$822,277$1,561,046▲ $738,769
Unsecured Notes Loans Payable$302,970$198,586▼ $104,384
Accounts Payable and Accrued Expenses$84,555$80,731▼ $3,824
Total Liabilities$1,209,802$1,840,363▲ $630,561
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$5,705-
Unrestricted Net Assets$-513,860$-1,387,535▼ $873,675
Total Net Assets Fund Balance$-513,860$-1,381,830▼ $867,970
Total Liabilities and Net Assets / Fund Balance$695,942$458,533▼ $237,409

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,705$71,617$77,322
Other Assets Org$307,253--
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Raffi MartinianPrincipalFT$30,025$1,596$31,621
Isaac CordonaPrincipalFT$6,667$2,129$8,796

Board Members and Trustees

NameTitle
Jerome FladoosBoard Chair
Ben LindquistMember
Cindy FloresMember
Roy PittmanMember
Theresa DavisMember
Tina LongMember
Revenue and Support

Revenue Composition

Contributions and Grants
$2,763,626
Program Service Revenue
$176,644
Investment Income
$0
Other Revenue
$9,834
All Other Contributions
$2,500
Change in Net Assets
$-851,479

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,950,104
Total Revenue per Audited Statements
$2,950,104
Total Revenue per Form 990
$2,950,104
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,680,394
Other Expenses$1,121,189
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,048,025$221,205-$1,269,230
Pension Plan Contributions$552,982$509,048-$1,062,030
Occupancy-$481,375-$481,375
Depreciation Depletion$111,628$74,407-$186,035
Payroll Taxes$108,545$32,421-$140,966
Other Employee Benefits$108,152$14,346-$122,498
Current Officers, Directors, Trustees, and Key Employees-$85,670-$85,670
All Other Expenses$37,282$28,019-$65,301
Office Expenses-$49,937-$49,937
Interest-$26,988-$26,988
Fees for Services Legal-$25,015-$25,015
Fees for Services Accounting-$15,742-$15,742
Other Expenses$20,904$15,644-$15,644
Fees for Services Other-$13,545-$13,545
Advertising-$2,045-$2,045
Total Functional Expenses$1,987,518$1,814,065$0$3,801,583

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,801,583
Total Expenses per Audited Statements$3,801,583
Total Expenses per Form 990$3,801,583
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
ExaltDual TdokesPaying Off LoanNo$106,800

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$1,128,883
Pension Related Deferrals$258,319
Current Portion of Long Term Debt$88,031
Payroll Liabilities$85,813
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Two of the board members are senior executives of knova learning's largest lendor, exalt.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“A copy of the draft of the 990 is available for all voting members of the board to review between three to five business days before it is signed and submitted to the internal revenue service. Each board member is notified and an electronic copy is available upon request.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization's governing documents, conflict of interest policy, and financial statements are generally not available to the public.”

Filing and Contact Details

Filer

Filer Name
Knova Learning Oregon
EIN
26-4822611
Phone
5039071023
Address
740 SE 182ND AVE, PORTLAND, OR 97233

Signing Officer

Name
Jerome Fladoos
Title
Chair
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerome Fladoos
Formed
2009
Legal Domicile
Or
Voting Board Members
6
Independent Board Members
6
Employees
122

Preparer

Firm
Ras Groupllc
Address
7148 SW Gonzaga St, TIGARD, OR 97223
Preparer
Roy R Rogers
Phone
5036848421
Raw XML AppendixShowing 400 of 454 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt084555
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt080731
IRS990/AccountsReceivableGrp/EOYAmt039259
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OPERATION OF A CHARTER SCHOOL.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02045
IRS990/AdvertisingGrp/TotalAmt02045
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt02500
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt028019
IRS990/AllOtherExpensesGrp/ProgramServicesAmt037282
IRS990/AllOtherExpensesGrp/TotalAmt065301
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0TONYA MOSHER
IRS990/BooksInCareOfDetail/PhoneNum05037089687
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0740 SE 182ND AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0PORTLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd097233
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt062348
IRS990/CashNonInterestBearingGrp/EOYAmt09654
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt085670
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt085670
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02763626
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01121189
IRS990/CYOtherRevenueAmt09834
IRS990/CYProgramServiceRevenueAmt0176644
IRS990/CYRevenuesLessExpensesAmt0-851479
IRS990/CYSalariesCompEmpBnftPaidAmt02680394
IRS990/CYTotalExpensesAmt03801583
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02950104
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt074407
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0111628
IRS990/DepreciationDepletionGrp/TotalAmt0186035
IRS990/Desc0OPERATION OF A CHARTER SCHOOL.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0122
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt01987518
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015742
IRS990/FeesForServicesAccountingGrp/TotalAmt015742
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt025015
IRS990/FeesForServicesLegalGrp/TotalAmt025015
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt013545
IRS990/FeesForServicesOtherGrp/TotalAmt013545
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt62129
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt71596
IRS990/Form990PartVIISectionAGrp/PersonNm0JEROME FLADOOS
IRS990/Form990PartVIISectionAGrp/PersonNm1BEN LINDQUIST
IRS990/Form990PartVIISectionAGrp/PersonNm2ROY PITTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3THERESA DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm4CINDY FLORES
IRS990/Form990PartVIISectionAGrp/PersonNm5TINA LONG
IRS990/Form990PartVIISectionAGrp/PersonNm6ISAAC CORDONA
IRS990/Form990PartVIISectionAGrp/PersonNm7RAFFI MARTINIAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt66667
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt730025
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt02761126
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02950104
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt026988
IRS990/InterestGrp/TotalAmt026988
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt071617
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0187885
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05705
IRS990/LandBldgEquipCostOrOtherBssAmt077322
IRS990/LegalDomicileStateCd0OR
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OPERATION OF A CHARTER SCHOOL.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-513860
IRS990/NetAssetsOrFundBalancesEOYAmt0-1381830
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0481375
IRS990/OccupancyGrp/TotalAmt0481375
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt049937
IRS990/OfficeExpensesGrp/TotalAmt049937
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0400183
IRS990/OtherAssetsTotalGrp/EOYAmt0307253
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014346
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0108152
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0122498
IRS990/OtherExpensesGrp/Desc0FOOD SERVICES
IRS990/OtherExpensesGrp/Desc1CURRICULUM
IRS990/OtherExpensesGrp/Desc2IT SERVICES
IRS990/OtherExpensesGrp/Desc3FACILITY MATERIALS AND SUPPLIE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0201633
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt117025
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt215644
IRS990/OtherExpensesGrp/ProgramServicesAmt020904
IRS990/OtherExpensesGrp/TotalAmt0201633
IRS990/OtherExpensesGrp/TotalAmt120904
IRS990/OtherExpensesGrp/TotalAmt217025
IRS990/OtherExpensesGrp/TotalAmt315644
IRS990/OtherLiabilitiesGrp/BOYAmt0822277
IRS990/OtherLiabilitiesGrp/EOYAmt01561046
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09834
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09834
IRS990/OtherRevenueTotalAmt09834
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0221205
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01048025
IRS990/OtherSalariesAndWagesGrp/TotalAmt01269230
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt032421
IRS990/PayrollTaxesGrp/ProgramServicesAmt0108545
IRS990/PayrollTaxesGrp/TotalAmt0140966
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0509048
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0552982
IRS990/PensionPlanContributionsGrp/TotalAmt01062030
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020521
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt061631
IRS990/PrincipalOfficerNm0JEROME FLADOOS
IRS990/PriorPeriodAdjustmentsAmt0-16491
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CHARGES FOR SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0176644
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0176644
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02505219
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0461708
IRS990/PYOtherRevenueAmt017821
IRS990/PYProgramServiceRevenueAmt0207627
IRS990/PYRevenuesLessExpensesAmt0529446
IRS990/PYSalariesCompEmpBnftPaidAmt01739513
IRS990/PYTotalExpensesAmt02201221
IRS990/PYTotalRevenueAmt02730667
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-851479
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt025005
IRS990/SavingsAndTempCashInvstGrp/EOYAmt035031
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt03801583
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0307253
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NET PENSION ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PENSION RELATED DEFERRALS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05705
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt071617
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt077322
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt088031
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11128883
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt285813
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3258319
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CURRENT PORTION OF LONG TERM DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PENSION RELATED DEFERRALS
IRS990ScheduleD/RevenueSubtotalAmt02950104
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05705
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0307253
IRS990ScheduleD/TotalExpensesPerForm990Amt03801583
IRS990ScheduleD/TotalLiabilityAmt01561046
IRS990ScheduleD/TotalRevenuePerForm990Amt02950104
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02950104
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03801583
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL RECEIVED ASSISSTANCE FROM THE STATE DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1KNOVA LEARNING SCHOOL HAS A HANDBOOK THAT THEY HAND OUT AT REGISTRATION AND TO THE GENERAL PUBLIC AT TIME OF INQUIRY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0EXALT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DUAL TDOKES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0106800
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PAYING OFF LOAN
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0BEN LINDQUIST (KNOVA BOARD MEMBER) IS THE CEO OF THE SCHOOL'S LARGEST LENDOR, EXALT. TINA LONG (KNOVA BOARD MEMBER) IS DIRECTOR OF ACADEMIC PROGRAMS OF EXALT.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO OF THE BOARD MEMBERS ARE SENIOR EXECUTIVES OF KNOVA LEARNING'S LARGEST LENDOR, EXALT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE DRAFT OF THE 990 IS AVAILABLE FOR ALL VOTING MEMBERS OF THE BOARD TO REVIEW BETWEEN THREE TO FIVE BUSINESS DAYS BEFORE IT IS SIGNED AND SUBMITTED TO THE INTERNAL REVENUE SERVICE. EACH BOARD MEMBER IS NOTIFIED AND AN ELECTRONIC COPY IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE GENERALLY NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt05705
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0695942
IRS990/TotalAssetsEOYAmt0458533
IRS990/TotalAssetsGrp/BOYAmt0695942
IRS990/TotalAssetsGrp/EOYAmt0458533
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02763626
IRS990/TotalEmployeeCnt0122
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01814065
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01987518
IRS990/TotalFunctionalExpensesGrp/TotalAmt03801583
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01209802
IRS990/TotalLiabilitiesEOYAmt01840363
IRS990/TotalLiabilitiesGrp/BOYAmt01209802
IRS990/TotalLiabilitiesGrp/EOYAmt01840363

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$458,533
Liabilities
$1,840,363
Net assets
-$1,381,830
Revenue
$2,950,104
Expenses
$3,801,583
Net income
-$851,479
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.19$6.21$1.98$5.91$5.36$0.56
2023Detailed filing. Detailed filing data is available for this year.$7.96$6.53$1.43$7.65$6.47$1.18
2022Detailed filing. Detailed filing data is available for this year.$6.41$6.16$0.25$3.31$2.88$0.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$2.87$0.19$3.44$2.65$0.78
2020Detailed filing. Detailed filing data is available for this year.$1.88$2.87$0.99$2.80$2.86$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.45$2.37$0.93$3.08$2.69$0.39
2018Detailed filing. Detailed filing data is available for this year.$0.96$2.27$1.31$2.74$2.89$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.54$2.70$1.17$3.15$2.94$0.22
2016Detailed filing. Detailed filing data is available for this year.$0.46$1.84$1.38$2.95$3.80$0.85
2015Detailed filing. Detailed filing data is available for this year.$0.70$1.21$0.51$2.73$2.20$0.53
2014Detailed filing. Detailed filing data is available for this year.$0.47$0.88$0.41$2.74$2.85$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$1.19$0.29$2.06