Civic Intelligence

Options Charter School-Carmel Inc.

990 • Fiscal year 2016 • EIN 35-2157301

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 10, 2017

Organization ProfileWWW.OPTIONSINED.ORG
9945 Cumberland Pointe BlvdNoblesville, IN 46060

(317) 815-2098

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.62x

Higher debt load relative to assets than 83% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

80th percentile

0.63x

Higher debt load relative to revenue than 80% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

72nd percentile

13%

Higher net margin than 72% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

99th percentile

318%

Faster asset growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

60th percentile

7.1%

Faster revenue growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$1,629,856

Up $1,239,783 (+318%) from 2015

Net Assets

Up

$612,952

Up $239,783 (+64%) from 2015

Liabilities

Up

$1,016,904

Up $1,000,000 (+5916%) from 2015

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin72nd percentile

Revenue

Up

$1,622,894

Up $107,384 (+7.1%) from 2015

Expenses

Up

$1,418,671

Up $172,434 (+14%) from 2015

Net Income

Down

$204,223

Down $65,050 (-24%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$2.0M$1.0M$0-$1.0MAssets 2015: $390,073Liabilities 2015: $16,904Net Assets 2015: $373,1692015Assets 2016: $1,629,856Liabilities 2016: $1,016,904Net Assets 2016: $612,9522016Assets 2017: $1,730,710Liabilities 2017: $966,904Net Assets 2017: $763,8062017Assets 2018: $1,666,076Liabilities 2018: $866,904Net Assets 2018: $799,1722018Assets 2019: $1,646,380Liabilities 2019: $751,331Net Assets 2019: $895,0492019Assets 2020: $750,928Liabilities 2020: $926,661Net Assets 2020: -$175,7332020Assets 2022: $583,719Liabilities 2022: $1,016,102Net Assets 2022: -$432,3832022

Highlighted filing

2016

Assets$1,629,856
Liabilities$1,016,904
Net Assets$612,952
Open 2016 Filing

Operations Trend

Revenue Growth60th percentile

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

$10M$5.0M$0-$5.0MRevenue 2015: $1,515,510Expenses 2015: $1,246,237Net Income 2015: $269,2732015Revenue 2016: $1,622,894Expenses 2016: $1,418,671Net Income 2016: $204,2232016Revenue 2017: $1,628,240Expenses 2017: $1,508,914Net Income 2017: $119,3262017Revenue 2018: $1,563,357Expenses 2018: $1,523,164Net Income 2018: $40,1932018Revenue 2019: $1,854,758Expenses 2019: $1,776,466Net Income 2019: $78,2922019Revenue 2020: $2,279,248Expenses 2020: $3,346,187Net Income 2020: -$1,066,9392020Revenue 2022: $8,620,480Expenses 2022: $8,738,408Net Income 2022: -$117,9282022

Highlighted filing

2016

Revenue$1,622,894
Expenses$1,418,671
Net Income$204,223
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 10, 2017
Return Version
2015v3.0
Gross Receipts
$1,622,894
Mission and Program Overview

Mission

Charter school in the carmel-clay school district of hamilton county indiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net-$750,000-
Cash and Non-Interest-Bearing Accounts$351,230$744,083▲ $392,853
Land, Buildings, and Equipment, Net$38,843$135,773▲ $96,930
Total Assets$390,073$1,629,856▲ $1,239,783
Liabilities
Mortgage Notes Payable Secured by Investment Property$16,904$1,016,904▲ $1,000,000
Total Liabilities$16,904$1,016,904▲ $1,000,000
Net Assets / Fund Balance
Unrestricted Net Assets$373,169$612,952▲ $239,783
Total Net Assets Fund Balance$373,169$612,952▲ $239,783
Total Liabilities and Net Assets / Fund Balance$390,073$1,629,856▲ $1,239,783

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,414$316,136$347,550
Leasehold Improvements$102,709$50,170$152,879
Other Land Buildings$1,650$146,507$148,157
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Lawrence PhillipsChairman
Stacy SegalVice Chairma
Ann LaggesMember
Calvin DanielsMember
Ed BielskiMember
Gordon HemingerMember
Matt AbbottMember
Scott McintyreSecretary
Hannah HeuserTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,622,894
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$56,184
Change in Net Assets
$204,223
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$892,874
Other Expenses$525,797
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$358,777$321,626-$680,403
Occupancy$168,419$22,424-$190,843
Other Employee Benefits$84,507$75,757-$160,264
Payroll Taxes$27,529$24,678-$52,207
Depreciation Depletion-$44,106-$44,106
Fees for Services Other$14,177$27,915-$42,092
Information Technology$40,593--$40,593
Office Expenses$21,328$19,121-$40,449
Conferences and Meetings$11,259$9,645-$20,904
Insurance-$14,656-$14,656
Other Expenses$6,911$5,920-$12,831
Advertising$3,734$3,199-$6,933
All Other Expenses$3,646$1,621-$5,267
Fees for Services Accounting$1,496$2,947-$4,443
Travel$2,043$1,831-$3,874
Fees for Services Legal$1,081$2,130-$3,211
Total Functional Expenses$791,423$627,248$0$1,418,671
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
Audit committee
Yes
Backup withholding compliance
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, Page 6, Part VI, Line 11B

“The president of the organization reviews the form 990 with the organization's cpa.”

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

“Members review the policy and conflicts annually and sign a form stating possible conflicts.”

Form 990, Page 6, Part VI, Line 19

“Documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Options Charter School - Carmel
EIN
35-2157301
Phone
3178152098
Address
9945 CUMBERLAND POINTE BLVD, NOBLESVILLE, IN 46060

Signing Officer

Name
Mike Gustin
Title
President
Phone
3177738659
Signed
2017-01-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Gustin
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
27

Preparer

Firm
Charles Madden Pc
Address
850 FORT WAYNE AVE, INDIANAPOLIS, IN 46204
Preparer
Dennis M Charles
Phone
3172660480
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Book / tax depreciation difference 35,560 total 35,560”

Raw XML Appendix381 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CHARTER SCHOOL IN THE CARMEL-CLAY SCHOOL DISTRICT OF HAMILTON COUNTY INDIANA.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03199
IRS990/AdvertisingGrp/ProgramServicesAmt03734
IRS990/AdvertisingGrp/TotalAmt06933
IRS990/AllOtherContributionsAmt056184
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01621
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03646
IRS990/AllOtherExpensesGrp/TotalAmt05267
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0MIKE GUSTIN
IRS990/BooksInCareOfDetail/PhoneNum03177738659
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt09945 CUMBERLAND POINTE BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0NOBLESVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046060
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0351230
IRS990/CashNonInterestBearingGrp/EOYAmt0744083
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt09645
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt011259
IRS990/ConferencesMeetingsGrp/TotalAmt020904
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01622894
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0525797
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0204223
IRS990/CYSalariesCompEmpBnftPaidAmt0892874
IRS990/CYTotalExpensesAmt01418671
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01622894
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt044106
IRS990/DepreciationDepletionGrp/TotalAmt044106
IRS990/Desc0OPTIONS CHARTER SCHOOL PROVIDES AN ALTERNATIVE TO TRADTIONAL PUBLIC SCHOOLS FOR 180 CARMEL-CLAY STUDENTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt027
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0791423
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02947
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01496
IRS990/FeesForServicesAccountingGrp/TotalAmt04443
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02130
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01081
IRS990/FeesForServicesLegalGrp/TotalAmt03211
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt027915
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt014177
IRS990/FeesForServicesOtherGrp/TotalAmt042092
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0LAWRENCE PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm1STACY SEGAL
IRS990/Form990PartVIISectionAGrp/PersonNm2HANNAH HEUSER
IRS990/Form990PartVIISectionAGrp/PersonNm3SCOTT MCINTYRE
IRS990/Form990PartVIISectionAGrp/PersonNm4ED BIELSKI
IRS990/Form990PartVIISectionAGrp/PersonNm5GORDON HEMINGER
IRS990/Form990PartVIISectionAGrp/PersonNm6ANN LAGGES
IRS990/Form990PartVIISectionAGrp/PersonNm7CALVIN DANIELS
IRS990/Form990PartVIISectionAGrp/PersonNm8MATT ABBOTT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt01566710
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01622894
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt040593
IRS990/InformationTechnologyGrp/TotalAmt040593
IRS990/InsuranceGrp/ManagementAndGeneralAmt014656
IRS990/InsuranceGrp/TotalAmt014656
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0512813
IRS990/LandBldgEquipBasisNetGrp/BOYAmt038843
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0135773
IRS990/LandBldgEquipCostOrOtherBssAmt0648586
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CHARTER SCHOOL IN THE CARMEL-CLAY SCHOOL DISTRICT OF HAMILTON COUNTY INDIANA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt016904
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01016904
IRS990/NetAssetsOrFundBalancesBOYAmt0373169
IRS990/NetAssetsOrFundBalancesEOYAmt0612952
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt012831
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt022424
IRS990/OccupancyGrp/ProgramServicesAmt0168419
IRS990/OccupancyGrp/TotalAmt0190843
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019121
IRS990/OfficeExpensesGrp/ProgramServicesAmt021328
IRS990/OfficeExpensesGrp/TotalAmt040449
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt035560
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt075757
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt084507
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0160264
IRS990/OtherExpensesGrp/Desc0UTILITIES EXPENSE
IRS990/OtherExpensesGrp/Desc1AUTHORIZER OVERSIGHT FEES
IRS990/OtherExpensesGrp/Desc2PUPIL SERVICES
IRS990/OtherExpensesGrp/Desc3IN-KIND EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04965
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt127716
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt216991
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt35920
IRS990/OtherExpensesGrp/ProgramServicesAmt037294
IRS990/OtherExpensesGrp/ProgramServicesAmt18629
IRS990/OtherExpensesGrp/ProgramServicesAmt26911
IRS990/OtherExpensesGrp/TotalAmt042259
IRS990/OtherExpensesGrp/TotalAmt127716
IRS990/OtherExpensesGrp/TotalAmt225620
IRS990/OtherExpensesGrp/TotalAmt312831
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0321626
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0358777
IRS990/OtherSalariesAndWagesGrp/TotalAmt0680403
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0750000
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt024678
IRS990/PayrollTaxesGrp/ProgramServicesAmt027529
IRS990/PayrollTaxesGrp/TotalAmt052207
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MIKE GUSTIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01515510
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0423237
IRS990/PYRevenuesLessExpensesAmt0269273
IRS990/PYSalariesCompEmpBnftPaidAmt0823000
IRS990/PYTotalExpensesAmt01246237
IRS990/PYTotalRevenueAmt01515510
IRS990/ReconcilationRevenueExpnssAmt0204223
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 9,295
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01622894
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01515510
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01244324
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01309827
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01121725
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06814280
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt09295
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09295
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99740
IRS990ScheduleA/PublicSupportPY170Pct00.99540
IRS990ScheduleA/PublicSupportTotal170Amt06814280
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01622894
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01515510
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01244324
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01309827
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01121725
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06814280
IRS990ScheduleA/TotalSupportAmt06831870
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt08295
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt08295
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt031414
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0316136
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0347550
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0102709
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt050170
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0152879
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01650
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0146507
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0148157
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0135773
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT OF THE ORGANIZATION REVIEWS THE FORM 990 WITH THE ORGANIZATION'S CPA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS REVIEW THE POLICY AND CONFLICTS ANNUALLY AND SIGN A FORM STATING POSSIBLE CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK / TAX DEPRECIATION DIFFERENCE 35,560 TOTAL 35,560
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0390073
IRS990/TotalAssetsEOYAmt01629856
IRS990/TotalAssetsGrp/BOYAmt0390073
IRS990/TotalAssetsGrp/EOYAmt01629856
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01622894
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0627248
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0791423
IRS990/TotalFunctionalExpensesGrp/TotalAmt01418671
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016904
IRS990/TotalLiabilitiesEOYAmt01016904
IRS990/TotalLiabilitiesGrp/BOYAmt016904
IRS990/TotalLiabilitiesGrp/EOYAmt01016904
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0373169
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0612952
IRS990/TotalProgramServiceExpensesAmt0791423
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01622894
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0390073
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01629856
IRS990/TravelGrp/ManagementAndGeneralAmt01831
IRS990/TravelGrp/ProgramServicesAmt02043
IRS990/TravelGrp/TotalAmt03874
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0373169
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0612952
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.OPTIONSINED.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE GUSTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03177738659
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPTIONS CHARTER SCHOOL - CARMEL
ReturnHeader/Filer/BusinessNameControlTxt0OPTI
ReturnHeader/Filer/EIN0352157301
ReturnHeader/Filer/PhoneNum03178152098
ReturnHeader/Filer/USAddress/AddressLine1Txt09945 CUMBERLAND POINTE BLVD
ReturnHeader/Filer/USAddress/CityNm0NOBLESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046060
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200503296
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHARLES MADDEN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0850 FORT WAYNE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046204
ReturnHeader/PreparerPersonGrp/PhoneNum03172660480
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DENNIS M CHARLES
ReturnHeader/ReturnTs02017-01-11T16:29:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,629,856
Liabilities
$1,016,904
Net assets
$612,952
Revenue
$1,622,894
Expenses
$1,418,671
Net income
$204,223
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$1.02$0.43$8.62$8.74$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.93$0.18$2.28$3.35$1.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.75$0.90$1.85$1.78$0.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.87$0.80$1.56$1.52$0.04
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.97$0.76$1.63$1.51$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.63$1.02$0.61$1.62$1.42$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.02$0.37$1.52$1.25$0.27