Civic Intelligence

Instructional Technology Services

EIN 31-6055595 • 501(c)3 • Columbus, OH

Profile

Instructional technology services of central ohio, inc. (itsco) provides instructional technology services for elementary and secondary classrooms in 20 counties in the central and south central ohio area.

1900 E Dublin Granville Road 108AColumbus, OH 43229

www.itsco.org

Siviq Scores

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

Liabilities / Assets

76th percentile

0.22x

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

501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.16x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

44th percentile

1.5%

Higher net margin than 44% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

93rd percentile

$146,286

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 18.9% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

30th percentile

-4.0%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

51st percentile

7.2%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$565,402

Down $23,600 (-4.0%) from 2015

Liabilities

Down

$125,052

Down $34,972 (-22%) from 2015

Net Assets

Up

$440,350

Up $11,372 (+2.7%) from 2015

Revenue

Up

$772,750

Up $52,147 (+7.2%) from 2015

Expenses

Up

$761,378

Up $108,813 (+17%) from 2015

Net Income

Down

$11,372

Down $56,666 (-83%) from 2015

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $531,845Liabilities 2010: $70,377Net Assets 2010: $461,4682010Assets 2011: $658,959Liabilities 2011: $142,477Net Assets 2011: $516,4822011Assets 2012: $517,468Liabilities 2012: $125,309Net Assets 2012: $392,1592012Assets 2013: $508,816Liabilities 2013: $139,657Net Assets 2013: $369,1592013Assets 2014: $533,812Liabilities 2014: $172,872Net Assets 2014: $360,9402014Assets 2015: $589,002Liabilities 2015: $160,024Net Assets 2015: $428,9782015Assets 2016: $565,402Liabilities 2016: $125,052Net Assets 2016: $440,3502016

Highlighted filing

2016

Assets$565,402
Liabilities$125,052
Net Assets$440,350

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $723,5932010Expenses 2011: $1,213,9262011Expenses 2012: $1,050,0362012Expenses 2013: $785,9652013Revenue 2014: $619,545Expenses 2014: $662,399Net Income 2014: -$42,8542014Revenue 2015: $720,603Expenses 2015: $652,565Net Income 2015: $68,0382015Revenue 2016: $772,750Expenses 2016: $761,378Net Income 2016: $11,3722016

Highlighted filing

2016

Revenue$772,750
Expenses$761,378
Net Income$11,372

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 15, 2017
Return Version
2015v3.0
Gross Receipts
$774,379
Mission and Program Overview

Mission

Instructional technology services of central ohio, inc. (itsco) provides instructional technology services for elementary and secondary classrooms in 20 counties in the central and south central ohio area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$294,393$294,687▲ $294
Cash and Non-Interest-Bearing Accounts$230,441$224,603▼ $5,838
Land, Buildings, and Equipment, Net$28,206$20,653▼ $7,553
Accounts Receivable$27,103$20,586▼ $6,517
Inventories for Sale or Use$1,336$1,960▲ $624
Prepaid Expenses and Deferred Charges$5,856$1,246▼ $4,610
Total Assets$589,002$565,402▼ $23,600
Other Assets Total$1,667$1,667→ $0
Liabilities
Deferred Revenue$29,671$88,100▲ $58,429
Accounts Payable and Accrued Expenses$130,353$36,952▼ $93,401
Total Liabilities$160,024$125,052▼ $34,972
Net Assets / Fund Balance
Unrestricted Net Assets$428,978$440,350▲ $11,372
Total Net Assets Fund Balance$428,978$440,350▲ $11,372
Total Liabilities and Net Assets / Fund Balance$589,002$565,402▼ $23,600

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$20,653$85,803$106,456
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy PalermoExecutive DiFT$106,905$39,381$146,286

Board Members and Trustees

NameTitle
Juliet PeoplesPresident
Eve MillerTrustee
Eydie SchillingTrustee
Gary ChapmanTrustee
Kristy FlynnTrustee
Leslie KellyTrustee
Rick LogueTrustee
Scott HartleyTrustee
Steve MartinTrustee
Ty AnkromTrustee
Kathleen JenneySecretary
Cassie HolewinskiTreasurer
Chris DeisVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$774,084
Investment Income
$-1,334
Other Revenue
$0
Change in Net Assets
$11,372
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$383,179
Other Expenses$378,199
Total Fundraising Expense$11,306
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$95,593$77,795$860$174,248
Current Officers, Directors, Trustees, and Key Employees$80,179$21,381$5,345$106,905
Other Employee Benefits$20,405$76,520$5,101$102,026
Fees for Services Other$54,860--$54,860
Occupancy$8,333$11,667-$20,000
Office Expenses$18,052$188-$18,240
Conferences and Meetings$17,169--$17,169
Travel$13,161--$13,161
Depreciation Depletion$8,966$1,916-$10,882
Fees for Services Accounting$444$4,795-$5,239
Fees for Services Legal$765$2,411-$3,176
Other Expenses$1,207--$1,207
All Other Expenses$862--$862
Insurance-$773-$773
Total Functional Expenses$552,626$197,446$11,306$761,378
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
Yes
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
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
Yes
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, Page 6, Part VI, Line 11B

The executive director reviews form 990 and the supplemental schedules prior to authorizing its submission.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is managed by osu and is part of the hiring package given to employees. Potential conflicts are to be disclosed in writing to human resources who then investigates, makes an initial finding as to whether conflict exists, and recommends to management potential action to remedy the situation. The company also has a whistle blower policy, so if a conflict is identified to exist that was not disclosed by the person who is party to do it, it can result in termination of employment.

Form 990, Page 6, Part VI, Line 15A

Any salary changes for officers are presented to itsco's board of directors for a vote of approval.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Instructional Technology Services
EIN
31-6055595
Address
1900 E DUBLIN GRANVILLE ROAD 108A, COLUMBUS, OH 43229

Signing Officer

Name
Amy Palermo
Title
Executive Director
Signed
2017-02-15

Organization Details

Principal Officer
Amy Palermo
Formed
1962
Legal Domicile
Oh
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Bodine Perry LLC
Address
7620 OLENTANGY RIVER ROAD, COLUMBUS, OH 43235
Preparer
James E Hunter
Phone
6144311040
Supplemental Narrative

Additional Explanations

Form 990

Itsco does not pay wages in its own ein. Instead, itsco contracts with the ohio state university (osu) to be the direct employer of workers hired by itsco including the executive director. Itsco retains control over hiring, termination, pay rates, and day to day management of the workers. However, all other hr functions, employment policies and benefits are in their capacity as w-2 employees of osu. Osu invoices itsco for all costs incurred in the employment of such workers. Form 990, page 5, line 2a reports no w-2 workers for itsco, but all other compensation related to disclosures are completed as if the direct employer was itsco instead of osu.

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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05856
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01246
IRS990/PrincipalOfficerNm0AMY PALERMO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611420
IRS990/ProgramServiceRevenueGrp/Desc0K-12 GRADE TECH PROGRAMS REV.
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0774084
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0774084
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0387
IRS990/PYOtherExpensesAmt0321890
IRS990/PYProgramServiceRevenueAmt0720216
IRS990/PYRevenuesLessExpensesAmt068038
IRS990/PYSalariesCompEmpBnftPaidAmt0330675
IRS990/PYTotalExpensesAmt0652565
IRS990/PYTotalRevenueAmt0720603
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt011372
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0294393
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0294687
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0295
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0387
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0463
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0597
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0977
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02719
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0774084
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0720216
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0619082
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0762368
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0925713
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03801463
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0295
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0387
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0463
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0597
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0977
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02719
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/PublicSupportCY509Pct00.99930
IRS990ScheduleA/PublicSupportPY509Pct00.99920
IRS990ScheduleA/PublicSupportTotal509Amt03801463
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0774084
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0720216
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0619082
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0762368
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0925713
IRS990ScheduleA/Total509Grp/TotalAmt03801463
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0774379
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0720603
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0619545
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0762965
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0926690
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03804182
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt020653
IRS990ScheduleD/EquipmentGrp/DepreciationAmt085803
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0106456
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020653
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ITSCO DOES NOT PAY WAGES IN ITS OWN EIN. INSTEAD, ITSCO CONTRACTS WITH THE OHIO STATE UNIVERSITY (OSU) TO BE THE DIRECT EMPLOYER OF WORKERS HIRED BY ITSCO INCLUDING THE EXECUTIVE DIRECTOR. ITSCO RETAINS CONTROL OVER HIRING, TERMINATION, PAY RATES, AND DAY TO DAY MANAGEMENT OF THE WORKERS. HOWEVER, ALL OTHER HR FUNCTIONS, EMPLOYMENT POLICIES AND BENEFITS ARE IN THEIR CAPACITY AS W-2 EMPLOYEES OF OSU. OSU INVOICES ITSCO FOR ALL COSTS INCURRED IN THE EMPLOYMENT OF SUCH WORKERS. FORM 990, PAGE 5, LINE 2A REPORTS NO W-2 WORKERS FOR ITSCO, BUT ALL OTHER COMPENSATION RELATED TO DISCLOSURES ARE COMPLETED AS IF THE DIRECT EMPLOYER WAS ITSCO INSTEAD OF OSU.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR REVIEWS FORM 990 AND THE SUPPLEMENTAL SCHEDULES PRIOR TO AUTHORIZING ITS SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS MANAGED BY OSU AND IS PART OF THE HIRING PACKAGE GIVEN TO EMPLOYEES. POTENTIAL CONFLICTS ARE TO BE DISCLOSED IN WRITING TO HUMAN RESOURCES WHO THEN INVESTIGATES, MAKES AN INITIAL FINDING AS TO WHETHER CONFLICT EXISTS, AND RECOMMENDS TO MANAGEMENT POTENTIAL ACTION TO REMEDY THE SITUATION. THE COMPANY ALSO HAS A WHISTLE BLOWER POLICY, SO IF A CONFLICT IS IDENTIFIED TO EXIST THAT WAS NOT DISCLOSED BY THE PERSON WHO IS PARTY TO DO IT, IT CAN RESULT IN TERMINATION OF EMPLOYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY SALARY CHANGES FOR OFFICERS ARE PRESENTED TO ITSCO'S BOARD OF DIRECTORS FOR A VOTE OF APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0589002
IRS990/TotalAssetsEOYAmt0565402
IRS990/TotalAssetsGrp/BOYAmt0589002
IRS990/TotalAssetsGrp/EOYAmt0565402
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt011306
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0197446
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0552626
IRS990/TotalFunctionalExpensesGrp/TotalAmt0761378
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0160024
IRS990/TotalLiabilitiesEOYAmt0125052
IRS990/TotalLiabilitiesGrp/BOYAmt0160024
IRS990/TotalLiabilitiesGrp/EOYAmt0125052
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0428978
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0440350
IRS990/TotalOtherCompensationAmt039381
IRS990/TotalProgramServiceExpensesAmt0552626
IRS990/TotalProgramServiceRevenueAmt0774084
IRS990/TotalReportableCompFromOrgAmt0106905
IRS990/TotalRevenueGrp/ExclusionAmt0295
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0772455
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0772750
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0589002
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0565402
IRS990/TravelGrp/ProgramServicesAmt013161
IRS990/TravelGrp/TotalAmt013161
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0428978
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0440350
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01900 E DUBLIN GRANVILLE ROAD 108A
IRS990/USAddress/CityNm0COLUMBUS
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd043229
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.ITSCO.ORG

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