Civic Intelligence

Neighbors Educational Opportunities

EIN 45-0697456 • 501(c)3 • Portage, IN

Profile

Offer porter and lake county students a viable opportunity to earn their high school diploma and gain the skills necessary for success in an ever changing global economy.

5201 US Highway 6Portage, IN 46368

www.neoadulted.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.58x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.94x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

76th percentile

24%

Higher net margin than 76% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

71st percentile

12%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

31st percentile

-2.4%

Faster revenue growth than 31% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,399,388

Up $585,364 (+12%) from 2023

Liabilities

Down

$3,121,627

Down $197,285 (-5.9%) from 2023

Net Assets

Up

$2,277,761

Up $782,649 (+52%) from 2023

Revenue

Down

$3,311,013

Down $81,045 (-2.4%) from 2023

Expenses

Down

$2,528,364

Down $269,158 (-9.6%) from 2023

Net Income

Up

$782,649

Up $188,113 (+32%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2012: $119,943Liabilities 2012: $100,127Net Assets 2012: $19,8162012Assets 2013: $191,219Liabilities 2013: $124,785Net Assets 2013: $66,4342013Assets 2014: $218,439Liabilities 2014: $126,207Net Assets 2014: $92,2322014Assets 2015: $376,769Liabilities 2015: $99,647Net Assets 2015: $277,1222015Assets 2016: $5,503,122Liabilities 2016: $4,820,322Net Assets 2016: $682,8002016Assets 2017: $5,223,413Liabilities 2017: $4,725,555Net Assets 2017: $497,8582017Assets 2018: $4,877,024Liabilities 2018: $4,647,236Net Assets 2018: $229,7882018Assets 2019: $4,807,157Liabilities 2019: $4,378,977Net Assets 2019: $428,1802019Assets 2020: $4,888,357Liabilities 2020: $4,411,451Net Assets 2020: $476,9062020Assets 2021: $5,044,903Liabilities 2021: $4,201,259Net Assets 2021: $843,6442021Assets 2022: $4,530,174Liabilities 2022: $3,629,598Net Assets 2022: $900,5762022Assets 2023: $4,814,024Liabilities 2023: $3,318,912Net Assets 2023: $1,495,1122023Assets 2024: $5,399,388Liabilities 2024: $3,121,627Net Assets 2024: $2,277,7612024

Highlighted filing

2024

Assets$5,399,388
Liabilities$3,121,627
Net Assets$2,277,761

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $622,071Expenses 2012: $602,255Net Income 2012: $19,8162012Expenses 2013: $1,459,6742013Revenue 2014: $1,634,910Expenses 2014: $1,609,112Net Income 2014: $25,7982014Revenue 2015: $1,972,933Expenses 2015: $1,788,043Net Income 2015: $184,8902015Revenue 2016: $2,367,181Expenses 2016: $1,961,503Net Income 2016: $405,6782016Revenue 2017: $2,499,879Expenses 2017: $2,684,821Net Income 2017: -$184,9422017Revenue 2018: $2,280,566Expenses 2018: $2,548,636Net Income 2018: -$268,0702018Revenue 2019: $2,635,727Expenses 2019: $2,437,335Net Income 2019: $198,3922019Revenue 2020: $2,724,255Expenses 2020: $2,675,529Net Income 2020: $48,7262020Revenue 2021: $3,051,279Expenses 2021: $2,684,541Net Income 2021: $366,7382021Revenue 2022: $2,775,179Expenses 2022: $2,718,247Net Income 2022: $56,9322022Revenue 2023: $3,392,058Expenses 2023: $2,797,522Net Income 2023: $594,5362023Revenue 2024: $3,311,013Expenses 2024: $2,528,364Net Income 2024: $782,6492024

Highlighted filing

2024

Revenue$3,311,013
Expenses$2,528,364
Net Income$782,649

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.40$3.12$2.28$3.31$2.53$0.78
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.81$3.32$1.50$3.39$2.80$0.59
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.53$3.63$0.90$2.78$2.72$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.04$4.20$0.84$3.05$2.68$0.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.89$4.41$0.48$2.72$2.68$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.81$4.38$0.43$2.64$2.44$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.88$4.65$0.23$2.28$2.55$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.22$4.73$0.50$2.50$2.68$0.18
2016Detailed filing. Detailed filing data is available for this year.$5.50$4.82$0.68$2.37$1.96$0.41
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.10$0.28$1.97$1.79$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.22$0.13$0.09$1.63$1.61$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.12$0.07$1.46
2012Summary only. Only limited summary data is available for this year.$0.12$0.10$0.02$0.62$0.60$0.02
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 8, 2017
Return Version
2015v3.0
Gross Receipts
$2,367,181
Mission and Program Overview

Mission

Offer porter and lake county students a viable opportunity to earn their high school diploma and gain the skills necessary for success in an ever changing global economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$78,024$3,002,697▲ $2,924,673
Pledges and Grants Receivable$134,971$88,799▼ $46,172
Cash and Non-Interest-Bearing Accounts$151,535$74,655▼ $76,880
Prepaid Expenses and Deferred Charges$1,827$8,319▲ $6,492
Accounts Receivable$10,412$4,007▼ $6,405
Total Assets$376,769$5,503,122▲ $5,126,353
Other Assets Total-$2,324,645-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$4,652,655-
Accounts Payable and Accrued Expenses$99,647$167,667▲ $68,020
Total Liabilities$99,647$4,820,322▲ $4,720,675
Net Assets / Fund Balance
Unrestricted Net Assets$277,122$682,800▲ $405,678
Total Net Assets Fund Balance$277,122$682,800▲ $405,678
Total Liabilities and Net Assets / Fund Balance$376,769$5,503,122▲ $5,126,353

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,002,697$68,692-
Other Assets Org$11,910--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ahmad SprouseBoard Member
Alison CoxBoard Member
Paul D SchreinerBoard Member
Sharon MortensenBoard Presid
Rebecca ReinerExecutive Di
Deborah BirchVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,331,043
Program Service Revenue
$36,138
Investment Income
$0
Other Revenue
$0
All Other Contributions
$454,543
Change in Net Assets
$405,678

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Real Estate Commercial1$435,000
Total Noncash Contributions1$435,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,466,166
Other Expenses$495,337
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$759,463$485,079-$1,244,542
Occupancy$138,528--$138,528
Other Employee Benefits$77,144$49,273-$126,417
Fees for Services Other$46,065$57,857-$103,922
Payroll Taxes$58,099$37,108-$95,207
Office Expenses$21,685$20,239-$41,924
Information Technology$39,507--$39,507
Depreciation Depletion$31,151--$31,151
Travel$9,959$6,936-$16,895
Insurance-$9,449-$9,449
Conferences and Meetings$6,999$2,100-$9,099
Advertising-$6,735-$6,735
Other Expenses$2,441$3,225-$5,666
Interest-$3,161-$3,161
Total Functional Expenses$1,280,341$681,162$0$1,961,503
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
Yes
Annual disclosure for covered persons
Yes
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
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, Page 6, Part VI, Line 11B

A copy of the 990 will be reveiwed by the board before it is filed.

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

The board enforces the conflict of interest policy.

Form 990, Page 6, Part VI, Line 15A

The organization's executive director's compensation is approved by the board.

Form 990, Page 6, Part VI, Line 15B

The organizations key employees compensation are approved by the board.

Form 990, Page 6, Part VI, Line 19

The governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Neighbors Educational Opportunities
EIN
45-0697456
Address
5201 US HIGHWAY 6, PORTAGE, IN 46368

Signing Officer

Name
Rebecca Reiner
Title
Executive Director
Signed
2017-02-08

Organization Details

Principal Officer
Rebecca Reiner
Formed
2011
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
58

Preparer

Firm
Mortensen CPA Group
Address
2056 S STATE ROAD 2, VALPARAISO, IN 46385-9061
Preparer
Sharon a Mortensen
Phone
2194651100
Raw XML Appendix371 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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01584281
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01464362
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0558709
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07872688
IRS990ScheduleA/TotalSupportAmt07895288
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02312735
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt111910
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CASH RESTRICTED FOR CONSTRUCTION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03002697
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt068692
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt03071389
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03002697
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02324645
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE AGENCY RECEIVES FINANCIAL AID FROM A GOVERNMENTAL AGENCY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateCommercialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateCommercialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateCommercialGrp/NoncashContributionsRptF990Amt0435000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 WILL BE REVEIWED BY THE BOARD BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD ENFORCES THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S EXECUTIVE DIRECTOR'S COMPENSATION IS APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATIONS KEY EMPLOYEES COMPENSATION ARE APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0376769
IRS990/TotalAssetsEOYAmt05503122
IRS990/TotalAssetsGrp/BOYAmt0376769
IRS990/TotalAssetsGrp/EOYAmt05503122
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02331043
IRS990/TotalEmployeeCnt058
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0681162
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01280341
IRS990/TotalFunctionalExpensesGrp/TotalAmt01961503
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt099647
IRS990/TotalLiabilitiesEOYAmt04820322
IRS990/TotalLiabilitiesGrp/BOYAmt099647
IRS990/TotalLiabilitiesGrp/EOYAmt04820322
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0277122
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0682800
IRS990/TotalProgramServiceExpensesAmt01280341
IRS990/TotalProgramServiceRevenueAmt036138
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt036138
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02367181
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0376769
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05503122
IRS990/TravelGrp/ManagementAndGeneralAmt06936
IRS990/TravelGrp/ProgramServicesAmt09959
IRS990/TravelGrp/TotalAmt016895
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0277122
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0682800
IRS990/USAddress/AddressLine1Txt05201 US HIGHWAY 6
IRS990/USAddress/CityNm0PORTAGE
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046368
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0HTTP://WWW.NEOADULTED.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0REBECCA REINER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEIGHBORS EDUCATIONAL OPPORTUNITIES
ReturnHeader/Filer/BusinessNameControlTxt0NEIG
ReturnHeader/Filer/EIN0450697456
ReturnHeader/Filer/USAddress/AddressLine1Txt05201 US HIGHWAY 6
ReturnHeader/Filer/USAddress/CityNm0PORTAGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046368
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351785900
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MORTENSEN CPA GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02056 S STATE ROAD 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VALPARAISO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0463859061
ReturnHeader/PreparerPersonGrp/PhoneNum02194651100
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHARON A MORTENSEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-02-13T18:45:02-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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