Civic Intelligence

The Experiential Learning &

990 • Fiscal year 2022 • EIN 35-1434281

Jul 01, 2021 to Jun 30, 2022 • Filed on May 10, 2023

7435 N Keystone AveIndianapolis, IN 46240

(317) 590-5953

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

96th percentile

81%

Higher net margin than 96% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

1st percentile

-86%

Faster asset growth than 1% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

549%

Faster revenue growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$723,594

Down $4,405,236 (-86%) from 2021

Net Assets

Up

$723,594

Up $4,905,437 (+117%) from 2021

Liabilities

Down

$0

Down $9,310,673 (-100%) from 2021

Revenue

Up

$6,024,985

Up $5,096,630 (+549%) from 2021

Expenses

Up

$1,119,548

Up $35,760 (+3.3%) from 2021

Net Income

Up

$4,905,437

Up $5,060,870 (+3256%) from 2021

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2014: $6,994,326Liabilities 2014: $9,633,282Net Assets 2014: -$2,638,9562014Assets 2017: $7,187,301Liabilities 2017: $10,452,530Net Assets 2017: -$3,265,2292017Assets 2018: $6,551,500Liabilities 2018: $10,116,163Net Assets 2018: -$3,564,6632018Assets 2019: $6,082,100Liabilities 2019: $9,907,805Net Assets 2019: -$3,825,7052019Assets 2020: $5,571,193Liabilities 2020: $9,597,603Net Assets 2020: -$4,026,4102020Assets 2021: $5,128,830Liabilities 2021: $9,310,673Net Assets 2021: -$4,181,8432021Assets 2022: $723,594Liabilities 2022: $0Net Assets 2022: $723,5942022Assets 2023: $738,048Liabilities 2023: $0Net Assets 2023: $738,0482023Assets 2024: $746,262Liabilities 2024: $0Net Assets 2024: $746,2622024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2022

Assets$723,594
Liabilities$0
Net Assets$723,594

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $735,214Expenses 2014: $902,195Net Income 2014: -$166,9812014Revenue 2017: $1,019,183Expenses 2017: $1,144,828Net Income 2017: -$125,6452017Revenue 2018: $930,538Expenses 2018: $1,229,972Net Income 2018: -$299,4342018Revenue 2019: $929,421Expenses 2019: $1,190,463Net Income 2019: -$261,0422019Revenue 2020: $929,805Expenses 2020: $1,130,510Net Income 2020: -$200,7052020Revenue 2021: $928,355Expenses 2021: $1,083,788Net Income 2021: -$155,4332021Revenue 2022: $6,024,985Expenses 2022: $1,119,548Net Income 2022: $4,905,4372022Revenue 2023: $28,456Expenses 2023: $14,002Net Income 2023: $14,4542023Revenue 2024: $8,214Expenses 2024: $0Net Income 2024: $8,2142024Revenue 2025: $174Expenses 2025: $746,436Net Income 2025: -$746,2622025

Highlighted filing

2022

Revenue$6,024,985
Expenses$1,119,548
Net Income$4,905,437
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 10, 2023
Return Version
2021v4.2
Gross Receipts
$10,503,780
Mission and Program Overview

Mission

The purpose of the foundation is to develop, promote, finance, supervise and administer educational programs.

Administration of educational programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,880,299$0▼ $4,880,299
Cash and Non-Interest-Bearing Accounts$247,525$708,117▲ $460,592
Loans From Officers Directors$436,742$0▼ $436,742
Accounts Receivable$1,006$15,477▲ $14,471
Total Assets$5,128,830$723,594▼ $4,405,236
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,787,620$0▼ $8,787,620
Deferred Revenue$65,954$0▼ $65,954
Accounts Payable and Accrued Expenses$20,357$0▼ $20,357
Total Liabilities$9,310,673$0▼ $9,310,673
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,095,946$1,095,946→ $0
Net Assets Without Donor Restrictions$-5,277,789$-372,352▲ $4,905,437
Total Net Assets Fund Balance$-4,181,843$723,594▲ $4,905,437
Total Liabilities and Net Assets / Fund Balance$5,128,830$723,594▼ $4,405,236

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$831,946$831,946
Equipment$0$283,869$283,869
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gary AlettoBoard Chairman
Bob PalmerVice President
Cheryl WatsonBoard Member
Chris LamotheBoard Member
Greg KrootBoard Member
John AckermanBoard Member
Smoke WallinBoard Member
Mike WellsSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Wurster Construction Co INCConstruction8463 CASTLEWOOD DRIVE, Indianapolis, IN 46250$129,752
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,050,129
Investment Income
$4,974,856
Other Revenue
$0
Change in Net Assets
$4,905,437
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,119,548
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
Depreciation Depletion$531,257--$531,257
Interest$366,325--$366,325
Occupancy$135,466--$135,466
Fees for Services Management$27,865--$27,865
Insurance$21,895--$21,895
Other Expenses$20,358--$20,358
Fees for Services Legal-$9,005-$9,005
Fees for Services Accounting-$7,317-$7,317
Office Expenses-$60-$60
Total Functional Expenses$1,103,166$16,382$0$1,119,548
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$436,742$0▼ $436,742
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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, Part VI, Section B, Line 11B

The board of directors reviews the returns prior to filing to ensure accuracy.

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

Potential conflicts of interest are discussed regularly among all boardmembers.

Form 990, Part VI, Section C, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Experiential Learning &
EIN
35-1434281
Phone
3175905953
Address
7435 N KEYSTONE AVE, INDIANAPOLIS, IN 46240

Signing Officer

Name
Gary Aletto
Title
Board Chairman
Phone
3175905953
Signed
2023-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Aletto
Formed
1978
Legal Domicile
In
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Blue & Co LLC
Address
12800 N MERIDIAN ST STE 400, CARMEL, IN 46032
Preparer
Cory Schunemann
Phone
3178488920
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No changes have been made to the process.

Financial Statement Notes

PART X, LINE 2:

The foundation is organized as an indiana not-for-profit corporation and is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code. Management of the foundation evaluates all significant tax positions to ensure compliance with the exempt purpose of the foundation as required by u.s. Gaap, including consideration of any unrelated business income tax. As of june 30, 2022, management does not believe the foundation has taken any tax positions that are not in compliance with the exempt purpose of the foundation. The foundations federal and state tax returns remain open and subject to examination beginning with the tax year ended june 30, 2019.

Raw XML AppendixShowing 400 of 438 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.

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IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SUPPORTED ORGANIZATIONS NOT LISTED BY NAME SUBSTANTIALLY ALL EXPERIENTIAL LEARNING PROPERTY AND EQUIPMENT WAS INITIALLY OBTAINED THROUGH THE USE OF THE JUNIOR ACHIEVEMENT OF CENTRAL IN (JACI) BRAND OR REPUTATION. FURTHERMORE, INCUMBENTS OF THE OFFICES OF PRESIDENT, EXECUTIVE VICE PRESIDENT, AND CFO OF JACI SHALL BE APPOINTED AS DIRECTORS OF EXPERENTIAL LEARNING.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION B, LINE 1
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0351003695
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0JUNIOR ACHIEVEMENT OF CENTRAL INDIANA INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0283869
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0283869
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0831946
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0831946
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS ORGANIZED AS AN INDIANA NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT OF THE FOUNDATION EVALUATES ALL SIGNIFICANT TAX POSITIONS TO ENSURE COMPLIANCE WITH THE EXEMPT PURPOSE OF THE FOUNDATION AS REQUIRED BY U.S. GAAP, INCLUDING CONSIDERATION OF ANY UNRELATED BUSINESS INCOME TAX. AS OF JUNE 30, 2022, MANAGEMENT DOES NOT BELIEVE THE FOUNDATION HAS TAKEN ANY TAX POSITIONS THAT ARE NOT IN COMPLIANCE WITH THE EXEMPT PURPOSE OF THE FOUNDATION. THE FOUNDATIONS FEDERAL AND STATE TAX RETURNS REMAIN OPEN AND SUBJECT TO EXAMINATION BEGINNING WITH THE TAX YEAR ENDED JUNE 30, 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0SALE OF PROPERTY
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0INDIANA MATH & SCIENCE ACADEMY NORTH
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02022-06-06
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0272184783
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt09550000
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0SALE PRICE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt07435 N KEYSTONE AVE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0IN
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd046240
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/OwnerOfSuccessor2Ind00
IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS THE RETURNS PRIOR TO FILING TO ENSURE ACCURACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1POTENTIAL CONFLICTS OF INTEREST ARE DISCUSSED REGULARLY AMONG ALL BOARDMEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGES HAVE BEEN MADE TO THE PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0JUNIOR ACHIEVEMENT OF CENTRAL IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0351003695
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt09449 PRIORITY WAY W DR NO 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd046240
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt063760
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH RECEIPTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0JUNIOR ACHIEVEMENT OF CENTRAL IN
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05128830
IRS990/TotalAssetsEOYAmt0723594
IRS990/TotalAssetsGrp/BOYAmt05128830
IRS990/TotalAssetsGrp/EOYAmt0723594
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016382
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01103166
IRS990/TotalFunctionalExpensesGrp/TotalAmt01119548
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09310673
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt09310673
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-4181843
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0723594
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01103166
IRS990/TotalProgramServiceRevenueAmt01050129
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt017
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06024968
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06024985
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05128830
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0723594
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07435 N KEYSTONE AVE
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046240

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