Civic Intelligence

O L L Education Services

990 • Fiscal year 2020 • EIN 36-3184208

Sep 01, 2019 to Aug 31, 2020 • Filed on Jun 22, 2021

Organization Profile
195 Poplar PlaceNorth Aurora, IL 60542

(630) 907-2400

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.36x

Higher debt load relative to assets than 62% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

3.26x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

91st percentile

50%

Higher net margin than 91% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$15,540,857

Up $663,934 (+4.5%) from 2015

Net Assets

Up

$9,916,718

Up $3,676,831 (+59%) from 2015

Liabilities

Down

$5,624,139

Down $3,012,897 (-35%) from 2015

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin91st percentile

Revenue

Up

$1,724,605

Up $28,212 (+1.7%) from 2015

Expenses

Down

$856,731

Down $459,852 (-35%) from 2015

Net Income

Up

$867,874

Up $488,064 (+129%) from 2015

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$20M$15M$10M$5.0M$0Assets 2012: $12,789,782Liabilities 2012: $8,721,090Net Assets 2012: $4,068,6922012Assets 2013: $13,684,103Liabilities 2013: $8,804,828Net Assets 2013: $4,879,2752013Assets 2014: $14,595,378Liabilities 2014: $8,735,301Net Assets 2014: $5,860,0772014Assets 2015: $14,876,923Liabilities 2015: $8,637,036Net Assets 2015: $6,239,8872015Assets 2020: $15,540,857Liabilities 2020: $5,624,139Net Assets 2020: $9,916,7182020Assets 2021: $16,125,434Liabilities 2021: $5,055,676Net Assets 2021: $11,069,7582021Assets 2022: $16,516,655Liabilities 2022: $4,176,764Net Assets 2022: $12,339,8912022Assets 2023: $16,779,740Liabilities 2023: $3,153,970Net Assets 2023: $13,625,7702023Assets 2024: $18,077,423Liabilities 2024: $2,875,091Net Assets 2024: $15,202,3322024Assets 2025: $17,390,571Liabilities 2025: $211,450Net Assets 2025: $17,179,1212025

Highlighted filing

2020

Assets$15,540,857
Liabilities$5,624,139
Net Assets$9,916,718
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0Expenses 2012: $1,465,1992012Expenses 2013: $847,3282013Revenue 2014: $1,914,193Expenses 2014: $933,391Net Income 2014: $980,8022014Revenue 2015: $1,696,393Expenses 2015: $1,316,583Net Income 2015: $379,8102015Revenue 2020: $1,724,605Expenses 2020: $856,731Net Income 2020: $867,8742020Revenue 2021: $1,953,045Expenses 2021: $800,005Net Income 2021: $1,153,0402021Revenue 2022: $2,195,316Expenses 2022: $802,614Net Income 2022: $1,392,7022022Revenue 2023: $2,116,088Expenses 2023: $826,302Net Income 2023: $1,289,7862023Revenue 2024: $2,257,525Expenses 2024: $762,162Net Income 2024: $1,495,3632024Revenue 2025: $2,683,041Expenses 2025: $731,255Net Income 2025: $1,951,7862025

Highlighted filing

2020

Revenue$1,724,605
Expenses$856,731
Net Income$867,874
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jun 22, 2021
Return Version
2019v5.1
Gross Receipts
$1,724,605
Mission and Program Overview

Mission

To provide facilities to educational 501c3 organizations at below market costs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,108,180$10,696,551▼ $411,629
Savings and Temporary Cash Investments$3,571,953$4,411,519▲ $839,566
Cash and Non-Interest-Bearing Accounts$595,508$423,944▼ $171,564
Accounts Receivable$2,318$3,062▲ $744
Total Assets$15,281,693$15,540,857▲ $259,164
Other Assets Total$3,734$5,781▲ $2,047
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,576,145$5,034,676▼ $541,469
Other Liabilities$490,147$556,981▲ $66,834
Deferred Revenue$137,321--
Accounts Payable and Accrued Expenses$29,236$32,482▲ $3,246
Total Liabilities$6,232,849$5,624,139▼ $608,710
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,048,844$9,916,718▲ $867,874
Total Net Assets Fund Balance$9,048,844$9,916,718▲ $867,874
Total Liabilities and Net Assets / Fund Balance$15,281,693$15,540,857▲ $259,164

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,780,178$4,713,535$14,493,713
Land$916,373-$916,373
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Faith BetzPresident
Thomas DarnellDirector
Harry BellockSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$40,762
Other Revenue
$1,683,843
Change in Net Assets
$867,874

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,656,346
Revenue Not Reported on Financial Statements
$68,259
Other Revenue Adjustments
$68,259
Total Revenue per Audited Statements
$1,656,346
Total Revenue per Form 990
$1,724,605
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$856,731
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$413,693--$413,693
Interest$267,870--$267,870
Other Expenses$48,823$68,259-$68,259
Insurance$29,292$2,149-$31,441
Office Expenses$521$781-$1,302
Total Functional Expenses$770,336$86,395$0$856,731

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$856,731
Expenses per Audited Statements$788,472
Total Expenses per Audited Statements$788,472
Expenses Not Reported on Financial Statements$68,259
Other Expense Adjustments$68,259
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Real Estate Taxes$521,808
Federal income taxes$35,173
Interest Rate Swap Obligation-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
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

“Form 990 is presented during a meeting of the board of directors for review and approval.”

Form 990, Part VI, Section C, Line 19

“A packet is available upon request at the entitys main location in North Aurora, Illinois”

Filing and Contact Details

Filer

Filer Name
OLL Education Services
EIN
36-3184208
Phone
6309072400
Address
195 Poplar Place, North Aurora, IL 60542

Signing Officer

Name
Faith Betz
Title
President
Signed
2021-06-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Faith Betz
Formed
1982
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
10

Preparer

Firm
Mrjenovich & Bertucci Ltd
Address
7000 S Adams St Suite 200, Willowbrook, IL 60527
Preparer
Anthony J Bertucci
Phone
6307890200
Supplemental Narrative

Financial Statement Notes

X 2

“The organization is exempt from federal income taxes under Section 501c3 of the Internal Revnue Code. In addition, the Organization qualifies for the charitable contribution deduction under Section 170b1A and has been classified as an organization that is not a private foundation under Section 509a2. The organization is also exempt from state income taxes under Section 501c3 of the Revenue and Taxation Code of the Sate of Illinois. The Organization has applied the provisions of the FASBs ASC 740-10, Accounting for Uncertainty in Income Taxes. Under ASC 740-10, nonpublic enterprises, including nonprofit organizations, are required to record a tax liability when substantial uncertainties exist as to whether certain income is exempt from federal, state, and local income tax. As of August 31, 2020, the Organization had no substantial uncertain income tax positions.”

XI 4B

“Within the audited financial statements, a loss of 68,259 on the Organizations interest rate swape agreement is shown as a negative income item. For the tax return, this amount has been reported as a miscellaneous other expense on page 10 of form 990.”

XII 4B

“Within the audited financial statements, a loss of 68,259 on the Organizations interest rate swape agreement is shown as a negative income item. For the tax return, this amount has been reported as a miscellaneous other expense on page 10 of form 990.”

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.

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IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014493713
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt068259
IRS990ScheduleD/ExpensesSubtotalAmt0788472
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0916373
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0916373
IRS990ScheduleD/OtherExpensesNotIncludedAmt068259
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt035173
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1521808
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued Real Estate Taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Interest Rate Swap Obligation
IRS990ScheduleD/OtherRevenuesNotIncludedAmt068259
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt068259
IRS990ScheduleD/RevenueSubtotalAmt01656346
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization is exempt from federal income taxes under Section 501c3 of the Internal Revnue Code. In addition, the Organization qualifies for the charitable contribution deduction under Section 170b1A and has been classified as an organization that is not a private foundation under Section 509a2. The organization is also exempt from state income taxes under Section 501c3 of the Revenue and Taxation Code of the Sate of Illinois. The Organization has applied the provisions of the FASBs ASC 740-10, Accounting for Uncertainty in Income Taxes. Under ASC 740-10, nonpublic enterprises, including nonprofit organizations, are required to record a tax liability when substantial uncertainties exist as to whether certain income is exempt from federal, state, and local income tax. As of August 31, 2020, the Organization had no substantial uncertain income tax positions.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Within the audited financial statements, a loss of 68,259 on the Organizations interest rate swape agreement is shown as a negative income item. For the tax return, this amount has been reported as a miscellaneous other expense on page 10 of form 990.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Within the audited financial statements, a loss of 68,259 on the Organizations interest rate swape agreement is shown as a negative income item. For the tax return, this amount has been reported as a miscellaneous other expense on page 10 of form 990.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1XI 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2XII 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010696551
IRS990ScheduleD/TotalExpensesPerForm990Amt0856731
IRS990ScheduleD/TotalLiabilityAmt0556981
IRS990ScheduleD/TotalRevenuePerForm990Amt01724605
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01656346
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0788472
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is presented during a meeting of the board of directors for review and approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A packet is available upon request at the entitys main location in North Aurora, Illinois
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt015281693
IRS990/TotalAssetsEOYAmt015540857
IRS990/TotalAssetsGrp/BOYAmt015281693
IRS990/TotalAssetsGrp/EOYAmt015540857
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt086395
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0770336
IRS990/TotalFunctionalExpensesGrp/TotalAmt0856731
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06232849
IRS990/TotalLiabilitiesEOYAmt05624139
IRS990/TotalLiabilitiesGrp/BOYAmt06232849
IRS990/TotalLiabilitiesGrp/EOYAmt05624139
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09048844
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09916718
IRS990/TotalProgramServiceExpensesAmt0770336
IRS990/TotalRevenueGrp/ExclusionAmt040762
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01724605
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt015281693
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt015540857
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0195 Poplar Place
IRS990/USAddress/CityNm0North Aurora
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060542
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Faith Betz
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLL Education Services
ReturnHeader/Filer/BusinessNameControlTxt0OLLE
ReturnHeader/Filer/EIN0363184208
ReturnHeader/Filer/PhoneNum06309072400
ReturnHeader/Filer/USAddress/AddressLine1Txt0195 Poplar Place
ReturnHeader/Filer/USAddress/CityNm0North Aurora
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060542
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mrjenovich & Bertucci Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07000 S Adams St Suite 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Willowbrook
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060527
ReturnHeader/PreparerPersonGrp/PhoneNum06307890200
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Anthony J Bertucci
ReturnHeader/ReturnTs02021-06-22T03:25:29-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-09-01
ReturnHeader/TaxPeriodEndDt02020-08-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,540,857
Liabilities
$5,624,139
Net assets
$9,916,718
Revenue
$1,724,605
Expenses
$856,731
Net income
$867,874
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$17.4$0.21$17.2$2.68$0.73$1.95
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.1$2.88$15.2$2.26$0.76$1.50
2023Detailed filing. Detailed filing data is available for this year.$16.8$3.15$13.6$2.12$0.83$1.29
2022Detailed filing. Detailed filing data is available for this year.$16.5$4.18$12.3$2.20$0.80$1.39
2021Detailed filing. Detailed filing data is available for this year.$16.1$5.06$11.1$1.95$0.80$1.15
2020Detailed filing. Detailed filing data is available for this year.$15.5$5.62$9.92$1.72$0.86$0.87
2015Detailed filing. Detailed filing data is available for this year.$14.9$8.64$6.24$1.70$1.32$0.38
2014Detailed filing. Detailed filing data is available for this year.$14.6$8.74$5.86$1.91$0.93$0.98
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$8.80$4.88$0.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.8$8.72$4.07$1.47