Civic Intelligence

Educational Properties Inc.

990EZ • Fiscal year 2018 • EIN 27-0953344

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 11, 2019

Organization ProfileN/A
3248 Laurel StreetNew Orleans, LA 70115

(202) 328-0760

Siviq Scores

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

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

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

Liabilities / Revenue

99th percentile

9.11x

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

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

Net Margin

1st percentile

-1038%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

40th percentile

-2.8%

Faster asset growth than 40% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$274,806

Down $7,964 (-2.8%) from 2017

Net Assets

Down

$268,476

Down $7,216 (-2.6%) from 2017

Liabilities

Down

$6,330

Down $748 (-11%) from 2017

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Up

$695

Up $201,680 (+100%) from 2017

Expenses

Down

$7,911

Down $223,667 (-97%) from 2017

Net Income

Up

-$7,216

Up $425,347 (+98%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$30M$20M$10M$0Assets 2014: $25,555,482Liabilities 2014: $24,752,414Net Assets 2014: $803,0682014Assets 2015: $15,662,383Liabilities 2015: $15,015,911Net Assets 2015: $646,4722015Assets 2016: $15,259,185Liabilities 2016: $14,550,930Net Assets 2016: $708,2552016Assets 2017: $282,770Liabilities 2017: $7,078Net Assets 2017: $275,6922017Assets 2018: $274,806Liabilities 2018: $6,330Net Assets 2018: $268,4762018Assets 2019: $190,266Liabilities 2019: $7,717Net Assets 2019: $182,5492019Assets 2020: $254,748Liabilities 2020: $98,404Net Assets 2020: $156,3442020Assets 2021: $402,136Liabilities 2021: $98,404Net Assets 2021: $303,7322021Assets 2022: $401,833Liabilities 2022: $98,404Net Assets 2022: $303,4292022Assets 2023: $401,835Liabilities 2023: $98,404Net Assets 2023: $303,4312023

Highlighted filing

2018

Assets$274,806
Liabilities$6,330
Net Assets$268,476
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $1,428,301Expenses 2014: $1,087,401Net Income 2014: $340,9002014Revenue 2015: $1,304,044Expenses 2015: $1,460,640Net Income 2015: -$156,5962015Revenue 2016: $991,438Expenses 2016: $929,655Net Income 2016: $61,7832016Revenue 2017: -$200,985Expenses 2017: $231,578Net Income 2017: -$432,5632017Revenue 2018: $695Expenses 2018: $7,911Net Income 2018: -$7,2162018Revenue 2019: $633Expenses 2019: $86,561Net Income 2019: -$85,9282019Revenue 2020: $485Expenses 2020: $26,690Net Income 2020: -$26,2052020Revenue 2021: $153,477Expenses 2021: $6,089Net Income 2021: $147,3882021Revenue 2022: $128,336Expenses 2022: $969Net Income 2022: $127,3672022Revenue 2023: $1,3472023

Highlighted filing

2018

Revenue$695
Expenses$7,911
Net Income-$7,216
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 11, 2019
Return Version
2018v3.1
Gross Receipts
$695
Mission and Program Overview

Mission

Epi works to facilitate the development and leasing of real estate for public charter schools. Epi also works with nonprofit and business community leaders to create a sustainable public policy solution for charter school facilities.

Program Services

DescriptionGrantsExpenses
PROGRAM SERVICES- OBTAINING FINANCING FOR PUBLIC CHARTER SCHOOL LAND AND BUILDINGS AND ACQUIRING AND DEVELOPING THIS PROPERTY TO BE USED BY CHARTER SCHOOLS.--
PROGRAM SERVICES- OBTAINING FINANCING FOR PUBLIC CHARTER SCHOOL LAND AND BUILDINGS AND ACQUIRING AND DEVELOPING THIS PROPERTY TO BE USED BY CHARTER SCHOOLS.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHLEEN PADIANPresident-$0--
SEAN ELDERTreasurer-$0--
JOHN BREYERSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Educational Properties Inc
EIN
27-0953344
Phone
2023280760
Address
3248 LAUREL STREET, NEW ORLEANS, LA 70115

Signing Officer

Name
Kathleen Padian
Title
President
Phone
2023280760
Signed
2019-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Kendall Prebola and Jones LLC
Address
PO BOX 259, BEDFORD, PA 15522-0259
Preparer
Robert F Prebola CPA
Phone
8146231880
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses insurance 1,186 total 1,186”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 7,078 6,330”

Form 990-ez, Part III

“Epi works to facilitate the development and leasing of real estate for public charter schools. Epi also works with nonprofit and business community leaders to create a sustainable public policy solution for charter school facilities.”

Form 990-ez, Part III, Line 31

“Program services- obtaining financing for public charter school land and buildings and acquiring and developing this property to be used by charter schools.”

Raw XML Appendix148 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KATHLEEN PADIAN
IRS990EZ/BooksInCareOfDetail/PhoneNum02023280760
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03248 LAUREL STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW ORLEANS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd070115
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0282770
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0274806
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7216
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06725
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0282770
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0274806
IRS990EZ/GrossReceiptsAmt0695
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0695
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0275692
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0268476
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0275692
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0268476
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATHLEEN PADIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SEAN ELDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN BREYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01186
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EPI WORKS TO FACILITATE THE DEVELOPMENT AND LEASING OF REAL ESTATE FOR PUBLIC CHARTER SCHOOLS. EPI ALSO WORKS WITH NONPROFIT AND BUSINESS COMMUNITY LEADERS TO CREATE A SUSTAINABLE PUBLIC POLICY SOLUTION FOR CHARTER SCHOOL FACILITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROGRAM SERVICES- OBTAINING FINANCING FOR PUBLIC CHARTER SCHOOL LAND AND BUILDINGS AND ACQUIRING AND DEVELOPING THIS PROPERTY TO BE USED BY CHARTER SCHOOLS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROGRAM SERVICES- OBTAINING FINANCING FOR PUBLIC CHARTER SCHOOL LAND AND BUILDINGS AND ACQUIRING AND DEVELOPING THIS PROPERTY TO BE USED BY CHARTER SCHOOLS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07078
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt06330
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt07911
IRS990EZ/TotalRevenueAmt0695
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0695
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0680
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt033
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0141
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01554
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0246123
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0991433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01304011
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01428160
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03969727
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0695
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0680
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt033
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0141
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01554
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99960
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt03969727
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0246123
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0991433
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01304011
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01428160
IRS990ScheduleA/Total509Grp/TotalAmt03969727
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0695
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0246803
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0991438
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01304044
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01428301
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03971281
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 1,186 TOTAL 1,186
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 7,078 6,330
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EPI WORKS TO FACILITATE THE DEVELOPMENT AND LEASING OF REAL ESTATE FOR PUBLIC CHARTER SCHOOLS. EPI ALSO WORKS WITH NONPROFIT AND BUSINESS COMMUNITY LEADERS TO CREATE A SUSTAINABLE PUBLIC POLICY SOLUTION FOR CHARTER SCHOOL FACILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROGRAM SERVICES- OBTAINING FINANCING FOR PUBLIC CHARTER SCHOOL LAND AND BUILDINGS AND ACQUIRING AND DEVELOPING THIS PROPERTY TO BE USED BY CHARTER SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHLEEN PADIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02023280760
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDUCATIONAL PROPERTIES INC
ReturnHeader/Filer/BusinessNameControlTxt0EDUC
ReturnHeader/Filer/EIN0270953344
ReturnHeader/Filer/PhoneNum02023280760
ReturnHeader/Filer/USAddress/AddressLine1Txt03248 LAUREL STREET
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070115
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.66.174.73
ReturnHeader/FilingSecurityInformation/IPDt02019-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:29:33
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462108854
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KENDALL PREBOLA AND JONES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 259
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEDFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0155220259
ReturnHeader/PreparerPersonGrp/PhoneNum08146231880
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT F PREBOLA CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-11-15T09:29:33-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$274,806
Liabilities
$6,330
Net assets
$268,476
Revenue
$695
Expenses
$7,911
Net income
-$7,216
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.40$0.10$0.30$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.40$0.10$0.30$0.13$0.00$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.40$0.10$0.30$0.15$0.01$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.25$0.10$0.16$0.00$0.03$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.01$0.18$0.00$0.09$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.27$0.00$0.01$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.28$0.01$0.28$0.20$0.23$0.43
2016Detailed filing. Detailed filing data is available for this year.$15.3$14.6$0.71$0.99$0.93$0.06
2015Detailed filing. Detailed filing data is available for this year.$15.7$15.0$0.65$1.30$1.46$0.16
2014Detailed filing. Detailed filing data is available for this year.$25.6$24.8$0.80$1.43$1.09$0.34