Civic Intelligence

Innovators Educational Foundation

990 • Fiscal year 2023 • EIN 27-1324770

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 29, 2024

1028 S Bishop Ave Ste 314Rolla, MO 65401

(520) 230-0408

Siviq Scores

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

Liabilities / Assets

76th percentile

0.21x

Higher debt load relative to assets than 76% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

87th percentile

0.54x

Higher debt load relative to revenue than 87% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

73rd percentile

20%

Higher net margin than 73% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

86th percentile

$97,793

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 39.2% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

71st percentile

15%

Faster asset growth than 71% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

13th percentile

-29%

Faster revenue growth than 13% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$635,612

Up $84,417 (+15%) from 2022

Net Assets

Up

$501,861

Up $49,179 (+11%) from 2022

Liabilities

Up

$133,751

Up $35,238 (+36%) from 2022

Revenue

Down

$249,404

Down $100,801 (-29%) from 2022

Expenses

Down

$200,225

Down $68,152 (-25%) from 2022

Net Income

Down

$49,179

Down $32,649 (-40%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $108,671Liabilities 2012: $75Net Assets 2012: $108,5962012Assets 2013: $201,599Liabilities 2013: $0Net Assets 2013: $201,5992013Assets 2014: $764,768Liabilities 2014: $0Net Assets 2014: $764,7682014Assets 2015: $506,718Liabilities 2015: $2,657Net Assets 2015: $504,0612015Assets 2016: $451,661Liabilities 2016: $3,061Net Assets 2016: $448,6002016Assets 2017: $519,138Liabilities 2017: $2,668Net Assets 2017: $516,4702017Assets 2018: $474,081Liabilities 2018: $2,503Net Assets 2018: $471,5782018Assets 2019: $540,405Liabilities 2019: $111,443Net Assets 2019: $428,9622019Assets 2020: $500,992Liabilities 2020: $149,975Net Assets 2020: $351,0172020Assets 2021: $484,955Liabilities 2021: $114,101Net Assets 2021: $370,8542021Assets 2022: $551,195Liabilities 2022: $98,513Net Assets 2022: $452,6822022Assets 2023: $635,612Liabilities 2023: $133,751Net Assets 2023: $501,8612023Assets 2024: $835,173Liabilities 2024: $79,516Net Assets 2024: $755,6572024

Highlighted filing

2023

Assets$635,612
Liabilities$133,751
Net Assets$501,861

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2012: $70,371Expenses 2012: $118,228Net Income 2012: -$47,8572012Revenue 2013: $151,202Expenses 2013: $58,199Net Income 2013: $93,0032013Revenue 2014: $1,385,076Expenses 2014: $821,907Net Income 2014: $563,1692014Revenue 2015: $245,879Expenses 2015: $506,586Net Income 2015: -$260,7072015Revenue 2016: $175,878Expenses 2016: $231,339Net Income 2016: -$55,4612016Revenue 2017: $235,226Expenses 2017: $167,356Net Income 2017: $67,8702017Revenue 2018: $182,921Expenses 2018: $227,813Net Income 2018: -$44,8922018Revenue 2019: $139,174Expenses 2019: $181,790Net Income 2019: -$42,6162019Revenue 2020: $19,940Expenses 2020: $97,885Net Income 2020: -$77,9452020Revenue 2021: $214,938Expenses 2021: $194,995Net Income 2021: $19,9432021Revenue 2022: $350,205Expenses 2022: $268,377Net Income 2022: $81,8282022Revenue 2023: $249,404Expenses 2023: $200,225Net Income 2023: $49,1792023Revenue 2024: $630,207Expenses 2024: $376,411Net Income 2024: $253,7962024

Highlighted filing

2023

Revenue$249,404
Expenses$200,225
Net Income$49,179
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 29, 2024
Return Version
2023v5.0
Gross Receipts
$249,404
Mission and Program Overview

Mission

To promote innovative hands on learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$551,195$635,612▲ $84,417
Rtn Earn Endowment Incm Other Fnds$452,682$501,861▲ $49,179
Total Assets$551,195$635,612▲ $84,417
Liabilities
Deferred Revenue$95,632$127,655▲ $32,023
Accounts Payable and Accrued Expenses$2,881$6,096▲ $3,215
Total Liabilities$98,513$133,751▲ $35,238
Net Assets / Fund Balance
Total Net Assets Fund Balance$452,682$501,861▲ $49,179
Total Liabilities and Net Assets / Fund Balance$551,195$635,612▲ $84,417
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gail LueckPresidentFT$97,793$97,793

Board Members and Trustees

NameTitle
Jason NolteVice President
Sharon OLearyBoard Member
Scott McBroomSecretary
Linda BozarthTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$147,919
Program Service Revenue
$80,365
Investment Income
$8,489
Other Revenue
$12,631
All Other Contributions
$147,919
Change in Net Assets
$49,179
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$105,274
Other Expenses$94,951
Total Fundraising Expense$10,527
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$68,455$19,559$9,779$97,793
Other Expenses$27,780$200-$27,780
Travel$22,887--$22,887
All Other Expenses$11,900--$11,900
Payroll Taxes$5,237$1,496$748$7,481
Insurance$6,149$888-$7,037
Fees for Services Accounting-$5,793-$5,793
Conferences and Meetings$4,166--$4,166
Office Expenses$622--$622
Advertising$445--$445
Information Technology$95--$95
Total Functional Expenses$161,762$27,936$10,527$200,225
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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 governing body review Part VI line 11

Form 990 was distributed to all board members and reviewed in detail by the Treasurer and President.

Conflict of interest policy compliance Part VI line 12C

Enforcement of Conflicts Policy Annually, members are asked to disclose during a directors meeting any conflict of interest which are then reviewed.

Governing documents etc available to public Part VI line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Innovators Educational Foundation
EIN
27-1324770
Address
1028 S Bishop Ave Ste 314, Rolla, MO 65401

Signing Officer

Name
Linda Bozarth
Title
Treasurer
Phone
5202300408
Signed
2024-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gail Lueck
Formed
2009
Legal Domicile
De
Voting Board Members
5
Independent Board Members
5
Employees
1
Volunteers
50

Preparer

Firm
Hometown Accounting - Rolla
Address
1015 Kingshighway St, Rolla, MO 65401
Preparer
Glennda Sutton CPA
Phone
5733685460
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Charges & Fees $269Storage Rental $900Event Meals $4,026Uniforms $5,293Awards $1,412 Total Other Expenses $11,900

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 was distributed to all board members and reviewed in detail by the Treasurer and President.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Enforcement of Conflicts Policy Annually, members are asked to disclose during a directors meeting any conflict of interest which are then reviewed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Documents are available upon request.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Innovators Educational Foundation
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ReturnHeader/Filer/EIN0271324770
ReturnHeader/Filer/USAddress/AddressLine1Txt01028 S Bishop Ave Ste 314
ReturnHeader/Filer/USAddress/CityNm0Rolla
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Hometown Accounting - Rolla
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01015 Kingshighway St
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Glennda Sutton CPA
ReturnHeader/ReturnTs02024-05-07T18:52:58-04:00
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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