Civic Intelligence

Edvisions Schools Inc.

990 • Fiscal year 2018 • EIN 41-1983677

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 30, 2019

7800 Metro Parkway Suite 300Bloomington, MN 55425

(507) 450-0824

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.92x

Higher debt load relative to assets than 92% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

0.72x

Higher debt load relative to revenue than 88% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

57th percentile

6.1%

Higher net margin than 57% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

86th percentile

39%

Faster asset growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

78th percentile

28%

Faster revenue growth than 78% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$476,320

Up $134,593 (+39%) from 2017

Net Assets

Up

$38,586

Up $37,492 (+3427%) from 2017

Liabilities

Up

$437,734

Up $97,101 (+29%) from 2017

Revenue

Up

$612,207

Up $135,196 (+28%) from 2017

Expenses

Up

$574,715

Up $135,042 (+31%) from 2017

Net Income

Up

$37,492

Up $154 (+0.4%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $268,352Liabilities 2010: $93,734Net Assets 2010: $174,6182010Assets 2011: $144,228Liabilities 2011: $138,759Net Assets 2011: $5,4692011Assets 2012: $890,114Liabilities 2012: $857,630Net Assets 2012: $32,4842012Assets 2013: $458,529Liabilities 2013: $431,304Net Assets 2013: $27,2252013Assets 2014: $211,046Liabilities 2014: $168,795Net Assets 2014: $42,2512014Assets 2015: $285,400Liabilities 2015: $249,587Net Assets 2015: $35,8132015Assets 2016: $172,414Liabilities 2016: $208,658Net Assets 2016: -$36,2442016Assets 2017: $341,727Liabilities 2017: $340,633Net Assets 2017: $1,0942017Assets 2018: $476,320Liabilities 2018: $437,734Net Assets 2018: $38,5862018Assets 2019: $447,812Liabilities 2019: $383,831Net Assets 2019: $63,9812019Assets 2020: $607,288Liabilities 2020: $595,425Net Assets 2020: $11,8632020Assets 2021: $292,391Liabilities 2021: $225,526Net Assets 2021: $66,8652021Assets 2022: $81,068Liabilities 2022: $35,840Net Assets 2022: $45,2282022Assets 2023: $61,074Liabilities 2023: $3,000Net Assets 2023: $58,0742023Assets 2024: $5,977Liabilities 2024: $0Net Assets 2024: $5,9772024

Highlighted filing

2018

Assets$476,320
Liabilities$437,734
Net Assets$38,586

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $906,0462010Expenses 2011: $562,2062011Expenses 2012: $874,6202012Revenue 2013: $999,776Expenses 2013: $1,005,035Net Income 2013: -$5,2592013Revenue 2014: $750,734Expenses 2014: $735,708Net Income 2014: $15,0262014Revenue 2015: $377,286Expenses 2015: $383,724Net Income 2015: -$6,4382015Revenue 2016: $306,452Expenses 2016: $378,509Net Income 2016: -$72,0572016Revenue 2017: $477,011Expenses 2017: $439,673Net Income 2017: $37,3382017Revenue 2018: $612,207Expenses 2018: $574,715Net Income 2018: $37,4922018Revenue 2019: $729,452Expenses 2019: $704,057Net Income 2019: $25,3952019Revenue 2020: $1,042,385Expenses 2020: $596,935Net Income 2020: $445,4502020Revenue 2021: $695,381Expenses 2021: $691,579Net Income 2021: $3,8022021Revenue 2022: $700,946Expenses 2022: $722,630Net Income 2022: -$21,6842022Revenue 2023: $300,491Expenses 2023: $287,645Net Income 2023: $12,8462023Revenue 2024: $139,595Expenses 2024: $189,077Net Income 2024: -$49,4822024

Highlighted filing

2018

Revenue$612,207
Expenses$574,715
Net Income$37,492
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 30, 2019
Return Version
2018v3.1
Gross Receipts
$612,207
Mission and Program Overview

Mission

Our mission is to create schools that will enhance relationships and build relevant learning envirenments that empower students, parents and teachers to make choices. These learning environments utilize self-directed, project-based learning to build student autonomy through relevant learning opportunities, create student belongingness through full-time advisories, and empower teachere vie teacher-led and democratically governed schools. To create engaging schools of this nature requires Edvisions to engage in dialogue concerning the nature of learning and assessment that aligns with whole-child development rather than academic achievement alone.

Our mission is to create schools that will enhance relationships and build relevant learning environments that empower the students, parents, and teachers to make choices. These learning environments utilize self- directed, project-based learning to build student autonomy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$323,899$420,562▲ $96,663
Cash and Non-Interest-Bearing Accounts$14,847$52,777▲ $37,930
Prepaid Expenses and Deferred Charges$2,981$2,981→ $0
Total Assets$341,727$476,320▲ $134,593
Liabilities
Deferred Revenue$316,033$412,096▲ $96,063
Mortgage Notes Payable Secured by Investment Property$21,383$16,924▼ $4,459
Accounts Payable and Accrued Expenses$3,217$8,714▲ $5,497
Total Liabilities$340,633$437,734▲ $97,101
Net Assets / Fund Balance
Unrestricted Net Assets$1,094$38,586▲ $37,492
Total Net Assets Fund Balance$1,094$38,586▲ $37,492
Total Liabilities and Net Assets / Fund Balance$341,727$476,320▲ $134,593

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$37,138-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Keely BrennoPresident
Doug ThomasMember
Jon SchroederMember
Walter EnloeVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Edvisions CooperativeContracted TeacPO BOX 518, Henderson, MN 56044$151,526
Revenue and Support

Revenue Composition

Contributions and Grants
$424,252
Program Service Revenue
$186,887
Investment Income
$1,068
Other Revenue
$0
All Other Contributions
$83,305
Change in Net Assets
$37,492
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$574,715
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
Fees for Services Other$506,192--$506,192
Office Expenses$17,944--$17,944
Information Technology$12,249--$12,249
Conferences and Meetings$10,806--$10,806
Occupancy$6,748--$6,748
Advertising$6,628--$6,628
Fees for Services Accounting$6,049--$6,049
Travel$4,621--$4,621
Insurance$1,919--$1,919
Interest$1,559--$1,559
Total Functional Expenses$574,715$0$0$574,715
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
Audit committee
Yes
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

Board members dee and doug thomas have a family relationship. Form 990, part vi, section b, line 11b: the board of directors review and approve form 990 prior to filing. Form 990, part vi, section c, line 19: the organization makes its governing documents and financial statements available to the public upon request.

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Form 990, Part VIII

The board of directors assumes responsibility for oversight of the audit of the financial statements and selection of an independent account. The process has not changed from the prior year.

Filing and Contact Details

Filer

Filer Name
Edvisions Schools Inc
EIN
41-1983677
Phone
5074500824
Address
7800 METRO PARKWAY SUITE 300, BLOOMINGTON, MN 55425

Signing Officer

Name
Keely Brenno
Title
President
Phone
5074500824
Signed
2019-06-30

Organization Details

Formed
2001
Legal Domicile
Mn
Voting Board Members
4
Independent Board Members
4
Employees
5

Preparer

Firm
Schoeppner & Associates
Address
228 S MAIN, LE SUEUR, MN 56058
Preparer
Peter T Schoeppner
Phone
5076656363
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Our mission is to create schools that will enhance relationships and build relevant learning environments that empower the students, parents, and teachers to make choices. These learning environments utilize self- directed, project-based learning to build student autonomy.

Form 990

Develop new schools around a personalized project based model provide professional development to existing schools around personalized project based learning. Participate in national conversations aroiund school reform and changing the social mindset around schooling. Administer the hope survey as a way to evaluate the success of schools beyond standardized test scores. Provideservices for schools that are needing expertise in certain areas: financies, technology, facilities. Fiscally host organizations that are working for educational reform.

Form 990, Page 2, Part III, Line 4A

Edvisions schools has an overall focus of leading educational reform. In regards to this we: develop new schools around a personalized project based model. Provide professional development to existing schools around personalized project based learning. Participate in national conversations around school reform and changing the social mindset around schooling. Administer the hope survey as a way to evaluate the success of schools beyond standardized test scores. Provide services for schools that are needing expertise in certain areas finances, technology, facilities. Fiscally host organizations that are working for educational reform.

Form 990, Part IX, Line 11G

Program services 337,666 0 0 management & general expenses 151,526 0 0 research & evaluation 17,000 0 0 total 506,192 0 0

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is a nonprofit aorganization described in section 501 (c) (3) of the internal revenue code and is exempt from federal and state income taxes. The organization has analyzed filing positions with the internal revenue service and the state of minnesota. The organization is subject to routine audits by these jurisdictions; however, the organization is currently not under any audits for any tax periods. The organization does not anticipate any of its income tax filing positions would result in a material adverse effect on the organzation's financial condition, results of operations or cash flow. No liability has been recorded for uncertain tax positions. As allowed under accounting principles generally accepted in the united states of america, the organization would accrue, if applicable, income tax related interest and penalities in income tax expense in the organzation's statement of activities. During the years ended december 31, 2017 and 2016, the organization did not recognize any interest or penalties. With few exceptions, the organztion is no longer subject to tax examination by tax authorities for years before 2013.

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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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IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt037138
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NONPROFIT AORGANIZATION DESCRIBED IN SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION HAS ANALYZED FILING POSITIONS WITH THE INTERNAL REVENUE SERVICE AND THE STATE OF MINNESOTA. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY THESE JURISDICTIONS; HOWEVER, THE ORGANIZATION IS CURRENTLY NOT UNDER ANY AUDITS FOR ANY TAX PERIODS. THE ORGANIZATION DOES NOT ANTICIPATE ANY OF ITS INCOME TAX FILING POSITIONS WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOW. NO LIABILITY HAS BEEN RECORDED FOR UNCERTAIN TAX POSITIONS. AS ALLOWED UNDER ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, THE ORGANIZATION WOULD ACCRUE, IF APPLICABLE, INCOME TAX RELATED INTEREST AND PENALITIES IN INCOME TAX EXPENSE IN THE ORGANZATION'S STATEMENT OF ACTIVITIES. DURING THE YEARS ENDED DECEMBER 31, 2017 AND 2016, THE ORGANIZATION DID NOT RECOGNIZE ANY INTEREST OR PENALTIES. WITH FEW EXCEPTIONS, THE ORGANZTION IS NO LONGER SUBJECT TO TAX EXAMINATION BY TAX AUTHORITIES FOR YEARS BEFORE 2013.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION IS TO CREATE SCHOOLS THAT WILL ENHANCE RELATIONSHIPS AND BUILD RELEVANT LEARNING ENVIRONMENTS THAT EMPOWER THE STUDENTS, PARENTS, AND TEACHERS TO MAKE CHOICES. THESE LEARNING ENVIRONMENTS UTILIZE SELF- DIRECTED, PROJECT-BASED LEARNING TO BUILD STUDENT AUTONOMY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DEVELOP NEW SCHOOLS AROUND A PERSONALIZED PROJECT BASED MODEL PROVIDE PROFESSIONAL DEVELOPMENT TO EXISTING SCHOOLS AROUND PERSONALIZED PROJECT BASED LEARNING. PARTICIPATE IN NATIONAL CONVERSATIONS AROIUND SCHOOL REFORM AND CHANGING THE SOCIAL MINDSET AROUND SCHOOLING. ADMINISTER THE HOPE SURVEY AS A WAY TO EVALUATE THE SUCCESS OF SCHOOLS BEYOND STANDARDIZED TEST SCORES. PROVIDESERVICES FOR SCHOOLS THAT ARE NEEDING EXPERTISE IN CERTAIN AREAS: FINANCIES, TECHNOLOGY, FACILITIES. FISCALLY HOST ORGANIZATIONS THAT ARE WORKING FOR EDUCATIONAL REFORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EDVISIONS SCHOOLS HAS AN OVERALL FOCUS OF LEADING EDUCATIONAL REFORM. IN REGARDS TO THIS WE: DEVELOP NEW SCHOOLS AROUND A PERSONALIZED PROJECT BASED MODEL. PROVIDE PROFESSIONAL DEVELOPMENT TO EXISTING SCHOOLS AROUND PERSONALIZED PROJECT BASED LEARNING. PARTICIPATE IN NATIONAL CONVERSATIONS AROUND SCHOOL REFORM AND CHANGING THE SOCIAL MINDSET AROUND SCHOOLING. ADMINISTER THE HOPE SURVEY AS A WAY TO EVALUATE THE SUCCESS OF SCHOOLS BEYOND STANDARDIZED TEST SCORES. PROVIDE SERVICES FOR SCHOOLS THAT ARE NEEDING EXPERTISE IN CERTAIN AREAS FINANCES, TECHNOLOGY, FACILITIES. FISCALLY HOST ORGANIZATIONS THAT ARE WORKING FOR EDUCATIONAL REFORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS DEE AND DOUG THOMAS HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B: THE BOARD OF DIRECTORS REVIEW AND APPROVE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROGRAM SERVICES 337,666 0 0 MANAGEMENT & GENERAL EXPENSES 151,526 0 0 RESEARCH & EVALUATION 17,000 0 0 TOTAL 506,192 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VIII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0476320
IRS990/TravelGrp/ProgramServicesAmt04621
IRS990/TravelGrp/TotalAmt04621
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IRS990/WebsiteAddressTxt0WWW.EDVISIONS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KEELY BRENNO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05074500824
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDVISIONS SCHOOLS INC
ReturnHeader/Filer/BusinessNameControlTxt0EDVI
ReturnHeader/Filer/EIN0411983677
ReturnHeader/Filer/PhoneNum05074500824
ReturnHeader/Filer/USAddress/AddressLine1Txt07800 METRO PARKWAY SUITE 300
ReturnHeader/Filer/USAddress/CityNm0BLOOMINGTON
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A8E4FC1DB7D45946C92E96E2ADBA877E3861254D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.64.130.94
ReturnHeader/FilingSecurityInformation/IPDt02019-09-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:32:58
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411734505
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHOEPPNER & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0228 S MAIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LE SUEUR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056058
ReturnHeader/PreparerPersonGrp/PhoneNum05076656363
ReturnHeader/PreparerPersonGrp/PreparationDt02019-07-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER T SCHOEPPNER
ReturnHeader/ReturnTs02019-09-04T08:32:58-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.14$0.19$0.05
2023Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.30$0.29$0.01
2022Summary only. Only limited summary data is available for this year.$0.08$0.04$0.05$0.70$0.72$0.02
2021Summary only. Only limited summary data is available for this year.$0.29$0.23$0.07$0.70$0.69$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.60$0.01$1.04$0.60$0.45
2019Summary only. Only limited summary data is available for this year.$0.45$0.38$0.06$0.73$0.70$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.44$0.04$0.61$0.57$0.04
2017Summary only. Only limited summary data is available for this year.$0.34$0.34$0.00$0.48$0.44$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.21$0.04$0.31$0.38$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.25$0.04$0.38$0.38$0.01
2014Summary only. Only limited summary data is available for this year.$0.21$0.17$0.04$0.75$0.74$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.46$0.43$0.03$1.00$1.01$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.86$0.03$0.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.14$0.01$0.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.09$0.17$0.91