Civic Intelligence

Educational Properties Inc.

990EZ • Fiscal year 2023 • EIN 27-0953344

Jan 01, 2023 to Dec 31, 2023 • Filed on May 14, 2024

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

85th percentile

0.24x

Higher debt load relative to assets than 85% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

100th percentile

73.05x

Higher debt load relative to revenue than 100% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

49th percentile

0.0%

Faster asset growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

2nd percentile

-99%

Faster revenue growth than 2% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$401,835

Up $2 (+0.0%) from 2022

Net Assets

Up

$303,431

Up $2 (+0.0%) from 2022

Liabilities

Flat

$98,404

Flat from 2022

Revenue And Expenses
Liabilities / Revenue100th percentileNet MarginScore unavailable

Revenue

Down

$1,347

Down $126,989 (-99%) from 2022

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth49th 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

2023

Assets$401,835
Liabilities$98,404
Net Assets$303,431
Open 2023 Filing

Operations Trend

Revenue Growth2nd percentile

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

2023

Revenue$1,347
Expenses-
Net Income-
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 14, 2024
Return Version
2023v5.0
Gross Receipts
$1,347
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.

Obtaining financing for public charter school land and buildings and acquiring and developing this property to be used by charter schools.

Program Services

DescriptionGrantsExpenses
Educational Properties Inc. spoke with a number of public charter schools in Minnesota about ways it could help with the purchase of a school facility. EPI did not find any financialy feasible deals.--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHLEEN PADIANChairman-$0--
JOHN BREYERTreasurer-$0--
WHAWN ALLENSecretary-$0--
SHEILAH KAVANEYDirector-$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
Karl Jentoft
Title
Chairman
Signed
2024-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Future Focused Solutions
Address
4957 Vincent Ave S, Minneapolis, MN 55410
Preparer
Scott Brown
Phone
3203095662
Supplemental Narrative

Additional Explanations

Other Assets.1

“TITLE DEPOSIT - Beginning $50000 TITLE DEPOSIT - Ending $0”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $98404 Accounts Payable and Accrued Expenses - Ending $98404”

Raw XML Appendix157 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum03203095662
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt030 S 9th St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Minneapolis
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055402
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0351833
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IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0303429
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0303431
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN BREYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WHAWN ALLEN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt050000
IRS990EZ/OtherChangesInNetAssetsAmt0-1345
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0OBTAINING FINANCING FOR PUBLIC CHARTER SCHOOL LAND AND BUILDINGS AND ACQUIRING AND DEVELOPING THIS PROPERTY TO BE USED BY CHARTER SCHOOLS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Educational Properties Inc. spoke with a number of public charter schools in Minnesota about ways it could help with the purchase of a school facility. EPI did not find any financialy feasible deals.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0LA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt098404
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt098404
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalRevenueAmt01347
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01347
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0618
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0438
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0485
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0633
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03521
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0127718
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0153039
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0280757
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01347
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03521
IRS990ScheduleA/InvestmentIncomeCYPct00.01240
IRS990ScheduleA/InvestmentIncomePYPct00.01010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98760
IRS990ScheduleA/PublicSupportPY509Pct00.98990
IRS990ScheduleA/PublicSupportTotal509Amt0280757
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0127718
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
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ReturnHeader/BusinessOfficerGrp/PersonNm0KARL JENTOFT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-14
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
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0834395477
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Minneapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055410
ReturnHeader/PreparerPersonGrp/PhoneNum03203095662
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Scott Brown
ReturnHeader/ReturnTs02024-05-14T12:40:37-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KARL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JENTOFT
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$401,835
Liabilities
$98,404
Net assets
$303,431
Revenue
$1,347
Expenses
-
Net income
-
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