Civic Intelligence

Opportunity Through Education Inc.

990 • Fiscal year 2021 • EIN 27-0023048

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 25, 2022

3402 Lee StreetSelma, CA 93662

(559) 930-5004

Siviq Scores

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

Liabilities / Assets

89th percentile

0.63x

Higher debt load relative to assets than 89% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

83rd percentile

0.44x

Higher debt load relative to revenue than 83% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

29th percentile

0.5%

Higher net margin than 29% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

78th percentile

$72,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 11.0% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

23rd percentile

-2.2%

Faster asset growth than 23% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

53rd percentile

17%

Faster revenue growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$449,133

Down $10,048 (-2.2%) from 2020

Net Assets

Up

$164,706

Up $3,533 (+2.2%) from 2020

Liabilities

Down

$284,427

Down $13,581 (-4.6%) from 2020

Revenue

Up

$652,655

Up $94,004 (+17%) from 2020

Expenses

Up

$649,122

Up $90,659 (+16%) from 2020

Net Income

Up

$3,533

Up $3,345 (+1779%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2012: $256,210Liabilities 2012: $197,917Net Assets 2012: $58,2932012Assets 2013: $245,130Liabilities 2013: $177,130Net Assets 2013: $68,0002013Assets 2014: $233,211Liabilities 2014: $145,928Net Assets 2014: $87,2832014Assets 2015: $255,686Liabilities 2015: $134,119Net Assets 2015: $121,5672015Assets 2016: $248,750Liabilities 2016: $116,094Net Assets 2016: $132,6562016Assets 2017: $356,007Liabilities 2017: $215,280Net Assets 2017: $140,7272017Assets 2018: $379,782Liabilities 2018: $220,745Net Assets 2018: $159,0372018Assets 2019: $322,103Liabilities 2019: $161,118Net Assets 2019: $160,9852019Assets 2020: $459,181Liabilities 2020: $298,008Net Assets 2020: $161,1732020Assets 2021: $449,133Liabilities 2021: $284,427Net Assets 2021: $164,7062021Assets 2022: $491,095Liabilities 2022: $345,451Net Assets 2022: $145,6442022Assets 2023: $557,052Liabilities 2023: $409,522Net Assets 2023: $147,5302023Assets 2024: $708,211Liabilities 2024: $560,593Net Assets 2024: $147,6182024

Highlighted filing

2021

Assets$449,133
Liabilities$284,427
Net Assets$164,706

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2012: $276,1852012Expenses 2013: $283,2392013Revenue 2014: $320,641Expenses 2014: $301,358Net Income 2014: $19,2832014Revenue 2015: $364,465Expenses 2015: $330,181Net Income 2015: $34,2842015Revenue 2016: $429,214Expenses 2016: $418,125Net Income 2016: $11,0892016Revenue 2017: $394,527Expenses 2017: $386,456Net Income 2017: $8,0712017Revenue 2018: $605,648Expenses 2018: $587,338Net Income 2018: $18,3102018Revenue 2019: $572,510Expenses 2019: $570,562Net Income 2019: $1,9482019Revenue 2020: $558,651Expenses 2020: $558,463Net Income 2020: $1882020Revenue 2021: $652,655Expenses 2021: $649,122Net Income 2021: $3,5332021Revenue 2022: $600,881Expenses 2022: $607,538Net Income 2022: -$6,6572022Revenue 2023: $744,538Expenses 2023: $742,652Net Income 2023: $1,8862023Revenue 2024: $778,441Expenses 2024: $778,353Net Income 2024: $882024

Highlighted filing

2021

Revenue$652,655
Expenses$649,122
Net Income$3,533
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 25, 2022
Return Version
2020v4.2
Gross Receipts
$652,655
Mission and Program Overview

Mission

Provides preschool educational and childcare services for primarily, but not limited to, low-income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$267,115$246,832▼ $20,283
Land, Buildings, and Equipment, Net$169,925$163,680▼ $6,245
Accounts Receivable$21,895$38,375▲ $16,480
Total Assets$459,181$449,133▼ $10,048
Other Assets Total$246$246→ $0
Liabilities
Deferred Revenue$99,159$151,765▲ $52,606
Other Liabilities$96,059$122,000▲ $25,941
Unsecured Notes Loans Payable$97,430--
Accounts Payable and Accrued Expenses$5,360$10,662▲ $5,302
Total Liabilities$298,008$284,427▼ $13,581
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$161,173$164,706▲ $3,533
Total Net Assets Fund Balance$161,173$164,706▲ $3,533
Total Liabilities and Net Assets / Fund Balance$459,181$449,133▼ $10,048

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$163,680$79,870$243,550
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Dominique HerronVP/exec DirectorPT$72,000$72,000
Kenneth HerronPresident & CEOPT$24,000$24,000

Board Members and Trustees

NameTitle
Steve CanfieldChairman
Craig BighamSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$102,260
Program Service Revenue
$549,995
Investment Income
$400
Other Revenue
$0
Change in Net Assets
$3,533

Audited Revenue Reconciliation

Revenue per Audited Statements
$652,655
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$652,655
Total Revenue per Form 990
$652,655
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$562,585
Other Expenses$86,537
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$280,165--$280,165
Pension Plan Contributions$141,373--$141,373
Current Officers, Directors, Trustees, and Key Employees$52,320$43,680-$96,000
Payroll Taxes$34,638$2,943-$37,581
Insurance$14,842--$14,842
Fees for Services Accounting$1,624$10,500-$12,124
Other Employee Benefits$3,857$3,609-$7,466
Depreciation Depletion$6,245--$6,245
All Other Expenses$4,551--$4,551
Other Expenses$3,886--$3,886
Occupancy$3,740--$3,740
Office Expenses$2,387$1,038-$3,425
Fees for Services Other$1,130--$1,130
Travel$25--$25
Total Functional Expenses$587,352$61,770$0$649,122

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$649,122
Total Expenses per Audited Statements$649,122
Total Expenses per Form 990$649,122
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
Accrued Profit Sharing$122,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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, Part VI, Section A, line 2

The ceo and executive director are related as husband and wife.

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

A copy of form 990 is distributed to each of the board of directors who review the forms before filing with the internal revenue service.

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

Conflict of interest forms are completed by officers, directors and key employees as necessary for monitoring purposes.

Form 990, Part VI, Section B, line 15

Salaries are monitored by california department of education for the executive director and key employees.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents, conflict of interest policy and financial statements available, to the public upon request, at the organization's office.

Filing and Contact Details

Filer

Filer Name
Opportunity Through Education Inc
EIN
27-0023048
Phone
5599305004
Address
3402 LEE STREET, SELMA, CA 93662

Signing Officer

Name
Kenneth Herron
Title
CEO
Phone
5599305004
Signed
2022-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth Herron
Formed
2002
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
2
Employees
15
Volunteers
0

Preparer

Firm
Mastro & Associates
Address
6740 N WEST AVESTE 103, FRESNO, CA 93711-4302
Preparer
Anthony J Mastro
Phone
5594491040
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Line 8 Current Year

Government grants: refund of family leave $4,830 forgiveness of ppp loan $97,430 total $102,260

Financial Statement Notes

Part X, Line 2:

The agency has qualified as a non-profit organization and has been granted tax-exempt status pursuant to the internal revenue code section 501(c)(3) and california revenue and taxation code section 23701(d) and is exempt from federal and state of california income taxes. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The agency's returns are subject to examination by federal and state taxing authorities, generally for three year and four years, respectively, after they are filed.

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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0649122
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0122000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PROFIT SHARING
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0652655
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE AGENCY HAS QUALIFIED AS A NON-PROFIT ORGANIZATION AND HAS BEEN GRANTED TAX-EXEMPT STATUS PURSUANT TO THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701(D) AND IS EXEMPT FROM FEDERAL AND STATE OF CALIFORNIA INCOME TAXES. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE AGENCY'S RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEAR AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0163680
IRS990ScheduleD/TotalExpensesPerForm990Amt0649122
IRS990ScheduleD/TotalLiabilityAmt0122000
IRS990ScheduleD/TotalRevenuePerForm990Amt0652655
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0652655
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0649122
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0DOMINIQUE HERRON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0WIFE OF CEO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SALARY
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CEO AND EXECUTIVE DIRECTOR ARE RELATED AS HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 IS DISTRIBUTED TO EACH OF THE BOARD OF DIRECTORS WHO REVIEW THE FORMS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST FORMS ARE COMPLETED BY OFFICERS, DIRECTORS AND KEY EMPLOYEES AS NECESSARY FOR MONITORING PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SALARIES ARE MONITORED BY CALIFORNIA DEPARTMENT OF EDUCATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE, TO THE PUBLIC UPON REQUEST, AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNMENT GRANTS: REFUND OF FAMILY LEAVE $4,830 FORGIVENESS OF PPP LOAN $97,430 TOTAL $102,260
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 1, LINE 8 CURRENT YEAR
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0205398878
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0CHILDCARE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0EARLY CHILDHOOD DISCOVERY CENTER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt02027 OAK STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0SELMA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd093662
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0459181
IRS990/TotalAssetsEOYAmt0449133
IRS990/TotalAssetsGrp/BOYAmt0459181
IRS990/TotalAssetsGrp/EOYAmt0449133
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0102260
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt061770
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0587352
IRS990/TotalFunctionalExpensesGrp/TotalAmt0649122
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0298008
IRS990/TotalLiabilitiesEOYAmt0284427
IRS990/TotalLiabilitiesGrp/BOYAmt0298008
IRS990/TotalLiabilitiesGrp/EOYAmt0284427
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0161173
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0164706
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0587352
IRS990/TotalProgramServiceRevenueAmt0549995
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0550395
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0652655
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0459181
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0449133
IRS990/TotReportableCompRltdOrgAmt096000
IRS990/TravelGrp/ProgramServicesAmt025
IRS990/TravelGrp/TotalAmt025
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt097430
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03402 LEE STREET
IRS990/USAddress/CityNm0SELMA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd093662
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH HERRON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05599305004
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPPORTUNITY THROUGH EDUCATION INC
ReturnHeader/Filer/BusinessNameControlTxt0OPPO
ReturnHeader/Filer/EIN0270023048
ReturnHeader/Filer/PhoneNum05599305004
ReturnHeader/Filer/USAddress/AddressLine1Txt03402 LEE STREET
ReturnHeader/Filer/USAddress/CityNm0SELMA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093662

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