Civic Intelligence

Ischool Initiative Corporation

EIN 27-0366095 • 501(c)3 • Alpharetta, GA

Profile

To inspire and educate students to become lifelong digital learners in the information age.

44 Milton Avenue No 213Alpharetta, GA 30009

www.ischoolinitiative.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

24.09x

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

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

4.36x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

90th percentile

53%

Higher net margin than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

94th percentile

$53,270

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 676.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

93rd percentile

124%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

96th percentile

215%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,426

Up $788 (+124%) from 2017

Liabilities

Down

$34,346

Down $3,372 (-8.9%) from 2017

Net Assets

Up

-$32,920

Up $4,160 (+11%) from 2017

Revenue

Up

$7,880

Up $5,380 (+215%) from 2017

Expenses

Down

$3,720

Down $3,768 (-50%) from 2017

Net Income

Up

$4,160

Up $9,148 (+183%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$100K$0-$100KAssets 2011: $38,939Liabilities 2011: $908Net Assets 2011: $38,0312011Assets 2012: $45,241Liabilities 2012: $20,624Net Assets 2012: $24,6172012Assets 2013: $139,954Liabilities 2013: $23,365Net Assets 2013: $116,5892013Assets 2014: $168,253Liabilities 2014: $56,942Net Assets 2014: $111,3112014Assets 2015: $65,495Liabilities 2015: -$291Net Assets 2015: $65,7862015Assets 2016: $3,084Liabilities 2016: $35,176Net Assets 2016: -$32,0922016Assets 2017: $638Liabilities 2017: $37,718Net Assets 2017: -$37,0802017Assets 2018: $1,426Liabilities 2018: $34,346Net Assets 2018: -$32,9202018

Highlighted filing

2018

Assets$1,426
Liabilities$34,346
Net Assets-$32,920

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $31,9572011Expenses 2012: $319,5922012Revenue 2013: $425,004Expenses 2013: $333,032Net Income 2013: $91,9722013Revenue 2014: $417,498Expenses 2014: $422,776Net Income 2014: -$5,2782014Revenue 2015: $233,020Expenses 2015: $278,545Net Income 2015: -$45,5252015Revenue 2016: $118,724Expenses 2016: $216,602Net Income 2016: -$97,8782016Revenue 2017: $2,500Expenses 2017: $7,488Net Income 2017: -$4,9882017Revenue 2018: $7,880Expenses 2018: $3,720Net Income 2018: $4,1602018

Highlighted filing

2018

Revenue$7,880
Expenses$3,720
Net Income$4,160

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$7,880
Mission and Program Overview

Mission

Our mission is to inspire and educate students to become lifelong digital learners in the information age.

To inspire and educate students to become lifelong digital learners in the information age.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$638$1,426▲ $788
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$638$1,426▲ $788
Liabilities
Other Liabilities$36,157$32,785▼ $3,372
Accounts Payable and Accrued Expenses$1,561$1,561→ $0
Total Liabilities$37,718$34,346▼ $3,372
Net Assets / Fund Balance
Unrestricted Net Assets$-37,080$-32,920▲ $4,160
Total Net Assets Fund Balance$-37,080$-32,920▲ $4,160
Total Liabilities and Net Assets / Fund Balance$638$1,426▲ $788

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$25,967$25,967
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Travis AllenPresidentPT$53,270$53,270
Revenue and Support

Revenue Composition

Contributions and Grants
$7,880
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$480
Change in Net Assets
$4,160
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,720
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest-$3,330-$3,330
Other Expenses-$30-$30
Total Functional Expenses$0$3,720$0$3,720
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
Credit Card Payable$26,285
Loc$6,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Section A, Line 2

Travis allen - business relationship

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

A copy of the form 990 is provided to the organization and its board of directors for review prior to the filing of the return.

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

On an annual basis the board members complete a conflict of interest disclosure form. If a conflict does exist, the board member who is the subject of the conflict, may not vote, use personal influence or participate in the discussions or deliberations regarding the contract or transaction.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and conflict of interest policy available upon request.

Filing and Contact Details

Filer

Filer Name
Ischool Initiative Corporation
EIN
27-0366095
Phone
4044290932
Address
44 MILTON AVENUE NO 213, ALPHARETTA, GA 30009

Signing Officer

Name
Travis Allen
Title
President
Phone
4044290932
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Travis Allen
Formed
2009
Legal Domicile
Ga
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Mainsail Cpas
Address
977 PONCE DE LEON AVE NE, ATLANTA, GA 30306
Preparer
Katherine Grier
Phone
4045004638
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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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ReturnHeader/Filer/USAddress/CityNm0ALPHARETTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030009
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06FFF57DE853EE473B3FB5C09460EA0F0592658A2
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.226.100.81
ReturnHeader/FilingSecurityInformation/IPDt02019-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm009:24:08
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472289014
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAINSAIL CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0977 PONCE DE LEON AVE NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030306
ReturnHeader/PreparerPersonGrp/PhoneNum04045004638
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHERINE GRIER
ReturnHeader/ReturnTs02019-11-15T09:50:53-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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