Civic Intelligence

O L L Education Services

990 • Fiscal year 2022 • EIN 36-3184208

Sep 01, 2021 to Aug 31, 2022 • Filed on Apr 25, 2023

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

58th percentile

0.25x

Higher debt load relative to assets than 58% of similar nonprofits.

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

Liabilities / Revenue

87th percentile

1.90x

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

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

Net Margin

92nd percentile

63%

Higher net margin than 92% of similar nonprofits.

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

Top Officer Pay

17th percentile

$68,000

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

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

Asset Growth

56th percentile

2.4%

Faster asset growth than 56% of similar nonprofits.

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

Revenue Growth

63rd percentile

12%

Faster revenue growth than 63% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$16,516,655

Up $391,221 (+2.4%) from 2021

Net Assets

Up

$12,339,891

Up $1,270,133 (+11%) from 2021

Liabilities

Down

$4,176,764

Down $878,912 (-17%) from 2021

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin92nd percentile

Revenue

Up

$2,195,316

Up $242,271 (+12%) from 2021

Expenses

Up

$802,614

Up $2,609 (+0.3%) from 2021

Net Income

Up

$1,392,702

Up $239,662 (+21%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

2022

Assets$16,516,655
Liabilities$4,176,764
Net Assets$12,339,891
Open 2022 Filing

Operations Trend

Revenue Growth63rd percentile

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

2022

Revenue$2,195,316
Expenses$802,614
Net Income$1,392,702
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Apr 25, 2023
Return Version
2021v4.2
Gross Receipts
$2,195,316
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$10,291,452$10,677,687▲ $386,235
Savings and Temporary Cash Investments$4,065,414$4,067,447▲ $2,033
Cash and Non-Interest-Bearing Accounts$1,146,671$957,618▼ $189,053
Investments in Publicly Traded Securities$613,372$807,956▲ $194,584
Total Assets$16,125,434$16,516,655▲ $391,221
Other Assets Total$8,525$5,947▼ $2,578
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,487,278$3,933,677▼ $553,601
Deferred Revenue$151,550$164,443▲ $12,893
Other Liabilities$387,707$47,546▼ $340,161
Accounts Payable and Accrued Expenses$29,141$31,098▲ $1,957
Total Liabilities$5,055,676$4,176,764▼ $878,912
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,069,758$12,339,891▲ $1,270,133
Total Net Assets Fund Balance$11,069,758$12,339,891▲ $1,270,133
Total Liabilities and Net Assets / Fund Balance$16,125,434$16,516,655▲ $391,221

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,645,064$5,523,733$15,168,797
Land$1,032,623-$1,032,623
Compensation and Service Providers
Top Officer Pay17th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Faith BetzPresidentFT$68,000$68,000

Board Members and Trustees

NameTitle
Thomas DarnellDirector
Harry BellockSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$19,184
Other Revenue
$2,176,132
Change in Net Assets
$1,392,702

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,195,316
Revenue Not Reported on Form 990
$-122,569
Total Revenue per Audited Statements
$2,072,747
Total Revenue per Form 990
$2,195,316
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$728,900
Salaries, Compensation, and Employee Benefits$73,714
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$405,099--$405,099
Interest$213,466--$213,466
Current Officers, Directors, Trustees, and Key Employees$27,200$40,800-$68,000
Other Expenses$56,340$9,655-$56,340
Insurance$33,026$2,774-$35,800
Payroll Taxes$2,286$3,428-$5,714
Office Expenses$841$1,262-$2,103
Total Functional Expenses$744,695$57,919$0$802,614

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$802,614
Total Expenses per Audited Statements$802,614
Total Expenses per Form 990$802,614
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
Federal income taxes$38,151
Accrued Real Estate Taxes$9,395
Interest Rate Swap Obligation-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
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

“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.”

Form 990, Part VI, Section B, Line 15B

“The Organization reviews compensation annually. Compensation is determined by the amount of time devoted to the Organization and based on comparable data as discovered from online resources.”

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
Director
Phone
6309072400
Signed
2023-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Faith Betz
Formed
1982
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
2
Employees
1
Volunteers
10

Preparer

Firm
Mrjenovich & Bertucci Ltd
Address
7055 Veterans Blvd Suite D, Burr Ridge, 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, 2022, the Organization had no substantial uncertain income tax positions.”

Raw XML Appendix400 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/AccountsPayableAccrExpnssGrp/BOYAmt029141
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt031098
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide facilities to educational 501c3 organizations at below market costs.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Faith Betz
IRS990/BooksInCareOfDetail/PhoneNum06309072400
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0195 Poplar Place
IRS990/BooksInCareOfDetail/USAddress/CityNm0North Aurora
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060542
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01146671
IRS990/CashNonInterestBearingGrp/EOYAmt0957618
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt040800
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt027200
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt068000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt019184
IRS990/CYOtherExpensesAmt0728900
IRS990/CYOtherRevenueAmt02176132
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01392702
IRS990/CYSalariesCompEmpBnftPaidAmt073714
IRS990/CYTotalExpensesAmt0802614
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02195316
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0151550
IRS990/DeferredRevenueGrp/EOYAmt0164443
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0405099
IRS990/DepreciationDepletionGrp/TotalAmt0405099
IRS990/Desc0Expenses for maintaining educational facilities.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0744695
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2001.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt068000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0Faith Betz
IRS990/Form990PartVIISectionAGrp/PersonNm1Thomas Darnell
IRS990/Form990PartVIISectionAGrp/PersonNm2Harry Bellock
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary/Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt01601
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01601
IRS990/GrossReceiptsAmt02195316
IRS990/GrossRentsGrp/RealAmt01833926
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt02774
IRS990/InsuranceGrp/ProgramServicesAmt033026
IRS990/InsuranceGrp/TotalAmt035800
IRS990/InterestGrp/ProgramServicesAmt0213466
IRS990/InterestGrp/TotalAmt0213466
IRS990/InvestmentIncomeGrp/ExclusionAmt017583
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt017583
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0613372
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0807956
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05523733
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010291452
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010677687
IRS990/LandBldgEquipCostOrOtherBssAmt016201420
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide facilities to educational 501c3 organizations at below market costs.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04487278
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03933677
IRS990/NetAssetsOrFundBalancesBOYAmt011069758
IRS990/NetAssetsOrFundBalancesEOYAmt012339891
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01601
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01833926
IRS990/NetUnrlzdGainsLossesInvstAmt0-122569
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt011069758
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt012339891
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01262
IRS990/OfficeExpensesGrp/ProgramServicesAmt0841
IRS990/OfficeExpensesGrp/TotalAmt02103
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08525
IRS990/OtherAssetsTotalGrp/EOYAmt05947
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Professional Fees
IRS990/OtherExpensesGrp/Desc1Real Estate Taxes
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09655
IRS990/OtherExpensesGrp/ProgramServicesAmt06437
IRS990/OtherExpensesGrp/ProgramServicesAmt156340
IRS990/OtherExpensesGrp/TotalAmt016092
IRS990/OtherExpensesGrp/TotalAmt156340
IRS990/OtherLiabilitiesGrp/BOYAmt0387707
IRS990/OtherLiabilitiesGrp/EOYAmt047546
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Gain on Interest Rate Swap Arrangement
IRS990/OtherRevenueMiscGrp/ExclusionAmt0342206
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0342206
IRS990/OtherRevenueTotalAmt0342206
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03428
IRS990/PayrollTaxesGrp/ProgramServicesAmt02286
IRS990/PayrollTaxesGrp/TotalAmt05714
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Faith Betz
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06273
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0748898
IRS990/PYOtherRevenueAmt01946772
IRS990/PYRevenuesLessExpensesAmt01153040
IRS990/PYSalariesCompEmpBnftPaidAmt051107
IRS990/PYTotalExpensesAmt0800005
IRS990/PYTotalRevenueAmt01953045
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01392702
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt01833926
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01833926
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04065414
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04067447
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Part III Section A Line 12 Gain on interest rate swap arrangement due to fluctuation in interest rates.
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt019184
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06273
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt040762
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt014072
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02262
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt082553
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01833926
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01765634
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01683843
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01650831
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01618459
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08552693
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0-93217
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0-93217
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt019184
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06273
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt040762
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt014072
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02262
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt082553
IRS990ScheduleA/InvestmentIncomeCYPct00.00880
IRS990ScheduleA/InvestmentIncomePYPct00.00710
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0342206
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0181138
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0333610
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0856954
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.90000
IRS990ScheduleA/PublicSupportPY509Pct00.90090
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt08459476
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01833926
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01765634
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01683843
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01650831
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01525242
IRS990ScheduleA/Total509Grp/TotalAmt08459476
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02195316
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01953045
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01724605
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01664903
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01861114
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09398983
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt09645064
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05523733
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015168797
IRS990ScheduleD/ExpensesSubtotalAmt0802614
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt01032623
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01032623
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-122569
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt038151
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19395
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued Real Estate Taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Interest Rate Swap Obligation
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt0-122569
IRS990ScheduleD/RevenueSubtotalAmt02195316
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, 2022, the Organization had no substantial uncertain income tax positions.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010677687
IRS990ScheduleD/TotalExpensesPerForm990Amt0802614
IRS990ScheduleD/TotalLiabilityAmt047546
IRS990ScheduleD/TotalRevenuePerForm990Amt02195316
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02072747
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0802614
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
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/ExplanationTxt2The Organization reviews compensation annually. Compensation is determined by the amount of time devoted to the Organization and based on comparable data as discovered from online resources.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15B
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt016125434
IRS990/TotalAssetsEOYAmt016516655
IRS990/TotalAssetsGrp/BOYAmt016125434
IRS990/TotalAssetsGrp/EOYAmt016516655
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057919
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0744695
IRS990/TotalFunctionalExpensesGrp/TotalAmt0802614
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05055676
IRS990/TotalLiabilitiesEOYAmt04176764
IRS990/TotalLiabilitiesGrp/BOYAmt05055676
IRS990/TotalLiabilitiesGrp/EOYAmt04176764
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011069758
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012339891
IRS990/TotalOtherCompensationAmt068000
IRS990/TotalProgramServiceExpensesAmt0744695
IRS990/TotalRevenueGrp/ExclusionAmt0359789
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02195316
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt016125434
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt016516655
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/VotingMembersIndependentCnt02
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Faith Betz
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06309072400
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-25
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/PreparerFirmEIN0363849417
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mrjenovich & Bertucci Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07055 Veterans Blvd Suite D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Burr Ridge
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060527
ReturnHeader/PreparerPersonGrp/PhoneNum06307890200
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Anthony J Bertucci
ReturnHeader/ReturnTs02023-04-25T01:35:24-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Faith
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Betz
ReturnHeader/TaxPeriodBeginDt02021-09-01
ReturnHeader/TaxPeriodEndDt02022-08-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,516,655
Liabilities
$4,176,764
Net assets
$12,339,891
Revenue
$2,195,316
Expenses
$802,614
Net income
$1,392,702
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