Civic Intelligence

O L L Education Services

990 • Fiscal year 2023 • EIN 36-3184208

Sep 01, 2022 to Aug 31, 2023 • Filed on Mar 29, 2024

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

51st percentile

0.19x

Higher debt load relative to assets than 51% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

85th percentile

1.49x

Higher debt load relative to revenue than 85% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

93rd percentile

61%

Higher net margin than 93% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

18th percentile

$78,500

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

35th percentile

1.6%

Faster asset growth than 35% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

32nd percentile

-3.6%

Faster revenue growth than 32% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$16,779,740

Up $263,085 (+1.6%) from 2022

Net Assets

Up

$13,625,770

Up $1,285,879 (+10%) from 2022

Liabilities

Down

$3,153,970

Down $1,022,794 (-24%) from 2022

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin93rd percentile

Revenue

Down

$2,116,088

Down $79,228 (-3.6%) from 2022

Expenses

Up

$826,302

Up $23,688 (+3.0%) from 2022

Net Income

Down

$1,289,786

Down $102,916 (-7.4%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth35th 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

2023

Assets$16,779,740
Liabilities$3,153,970
Net Assets$13,625,770
Open 2023 Filing

Operations Trend

Revenue Growth32nd 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

2023

Revenue$2,116,088
Expenses$826,302
Net Income$1,289,786
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Mar 29, 2024
Return Version
2022v5.0
Gross Receipts
$2,116,088
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$10,677,688$10,255,278▼ $422,410
Investments in Publicly Traded Securities$807,956$4,777,288▲ $3,969,332
Savings and Temporary Cash Investments$4,067,447$1,169,076▼ $2,898,371
Cash and Non-Interest-Bearing Accounts$957,618$511,728▼ $445,890
Total Assets$16,516,656$16,779,740▲ $263,084
Other Assets Total$5,947$66,370▲ $60,423
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,933,677$2,965,959▼ $967,718
Deferred Revenue$164,443$106,890▼ $57,553
Other Liabilities$47,546$52,707▲ $5,161
Accounts Payable and Accrued Expenses$31,099$28,414▼ $2,685
Total Liabilities$4,176,765$3,153,970▼ $1,022,795
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,339,891$13,625,770▲ $1,285,879
Total Net Assets Fund Balance$12,339,891$13,625,770▲ $1,285,879
Total Liabilities and Net Assets / Fund Balance$16,516,656$16,779,740▲ $263,084

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,222,655$5,946,142$15,168,797
Land$1,032,623-$1,032,623
Compensation and Service Providers
Top Officer Pay18th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Faith BetzPresidentFT$78,500$78,500

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
$73,869
Other Revenue
$2,042,219
Change in Net Assets
$1,289,786

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,116,088
Revenue Not Reported on Form 990
$-3,907
Total Revenue per Audited Statements
$2,112,181
Total Revenue per Form 990
$2,116,088
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$733,952
Salaries, Compensation, and Employee Benefits$92,350
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$422,409--$422,409
Interest$174,374--$174,374
Other Expenses$89,851$6,758-$89,851
Current Officers, Directors, Trustees, and Key Employees$34,120$51,180-$85,300
Insurance$31,985$1,432-$33,417
Payroll Taxes$2,820$4,230-$7,050
Office Expenses$1,055$1,583-$2,638
Total Functional Expenses$761,119$65,183$0$826,302

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$826,302
Total Expenses per Audited Statements$826,302
Total Expenses per Form 990$826,302
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$52,707
Accrued Real Estate Taxes-
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
2024-03-29
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, 2023, the Organization had no substantial uncertain income tax positions.”

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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/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02116088
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02195316
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01953045
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01724605
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01664903
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09653957
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt09222655
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05946142
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015168797
IRS990ScheduleD/ExpensesSubtotalAmt0826302
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LandGrp/BookValueAmt01032623
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01032623
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-3907
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt052707
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/RevenueNotReportedAmt0-3907
IRS990ScheduleD/RevenueSubtotalAmt02116088
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, 2023, the Organization had no substantial uncertain income tax positions.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010255278
IRS990ScheduleD/TotalExpensesPerForm990Amt0826302
IRS990ScheduleD/TotalLiabilityAmt052707
IRS990ScheduleD/TotalRevenuePerForm990Amt02116088
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02112181
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0826302
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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
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt016516656
IRS990/TotalAssetsEOYAmt016779740
IRS990/TotalAssetsGrp/BOYAmt016516656
IRS990/TotalAssetsGrp/EOYAmt016779740
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IRS990/TotalEmployeeCnt01
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0761119
IRS990/TotalFunctionalExpensesGrp/TotalAmt0826302
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt04176765
IRS990/TotalLiabilitiesGrp/EOYAmt03153970
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IRS990/TotalReportableCompFromOrgAmt078500
IRS990/TotalRevenueGrp/ExclusionAmt0142776
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02116088
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt016516656
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt016779740
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/SignatureDt02024-03-29
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/PreparationDt02024-03-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Anthony J Bertucci
ReturnHeader/ReturnTs02024-03-29T06:52:13-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Faith
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Betz
ReturnHeader/TaxPeriodBeginDt02022-09-01
ReturnHeader/TaxPeriodEndDt02023-08-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,779,740
Liabilities
$3,153,970
Net assets
$13,625,770
Revenue
$2,116,088
Expenses
$826,302
Net income
$1,289,786
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