Civic Intelligence

Better Blended Learning for Cleveland Inc

990 • Fiscal year 2017 • EIN 45-4670785

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 23, 2018

3615 Superior AvenueCleveland, OH 44114

(330) 515-0572

Siviq Scores

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

Liabilities / Assets

98th percentile

2.04x

Higher debt load relative to assets than 98% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

84th percentile

0.88x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

20th percentile

-11%

Higher net margin than 20% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

36th percentile

$1,875

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

55th percentile

5.0%

Faster asset growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

20th percentile

-9.7%

Faster revenue growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,050,042

Up $49,857 (+5.0%) from 2016

Net Assets

Down

-$1,088,041

Down $264,555 (-32%) from 2016

Liabilities

Up

$2,138,083

Up $314,412 (+17%) from 2016

Revenue

Down

$2,431,794

Down $262,496 (-9.7%) from 2016

Expenses

Down

$2,696,349

Down $57,662 (-2.1%) from 2016

Net Income

Down

-$264,555

Down $204,834 (-343%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2013: $107,036Liabilities 2013: $72,124Net Assets 2013: $34,9122013Assets 2014: $229,677Liabilities 2014: $219,104Net Assets 2014: $10,5732014Assets 2015: $576,566Liabilities 2015: $1,340,331Net Assets 2015: -$763,7652015Assets 2016: $1,000,185Liabilities 2016: $1,823,671Net Assets 2016: -$823,4862016Assets 2017: $1,050,042Liabilities 2017: $2,138,083Net Assets 2017: -$1,088,0412017Assets 2018: $769,233Liabilities 2018: $2,491,022Net Assets 2018: -$1,721,7892018Assets 2019: $668,924Liabilities 2019: $2,833,265Net Assets 2019: -$2,164,3412019Assets 2020: $655,095Liabilities 2020: $3,235,906Net Assets 2020: -$2,580,8112020Assets 2021: $868,742Liabilities 2021: $3,344,163Net Assets 2021: -$2,475,4212021Assets 2022: $906,952Liabilities 2022: $3,098,113Net Assets 2022: -$2,191,1612022Assets 2023: $973,638Liabilities 2023: $3,117,656Net Assets 2023: -$2,144,0182023

Highlighted filing

2017

Assets$1,050,042
Liabilities$2,138,083
Net Assets-$1,088,041

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $1,193,793Expenses 2013: $1,158,881Net Income 2013: $34,9122013Revenue 2014: $2,302,247Expenses 2014: $2,326,586Net Income 2014: -$24,3392014Revenue 2015: $2,584,569Expenses 2015: $2,600,511Net Income 2015: -$15,9422015Revenue 2016: $2,694,290Expenses 2016: $2,754,011Net Income 2016: -$59,7212016Revenue 2017: $2,431,794Expenses 2017: $2,696,349Net Income 2017: -$264,5552017Revenue 2018: $1,090,767Expenses 2018: $1,406,010Net Income 2018: -$315,2432018Revenue 2019: $1,541,984Expenses 2019: $1,984,536Net Income 2019: -$442,5522019Revenue 2020: $1,246,363Expenses 2020: $1,662,833Net Income 2020: -$416,4702020Revenue 2021: $1,933,749Expenses 2021: $1,828,359Net Income 2021: $105,3902021Revenue 2022: $2,119,372Expenses 2022: $1,835,112Net Income 2022: $284,2602022Revenue 2023: $2,444,484Expenses 2023: $2,397,341Net Income 2023: $47,1432023

Highlighted filing

2017

Revenue$2,431,794
Expenses$2,696,349
Net Income-$264,555
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 23, 2018
Return Version
2016v3.0
Gross Receipts
$2,431,794
Mission and Program Overview

Mission

Blended learning's holistic approach helps each student thrive in the individual way that works best for him or her. With this combination of in-person and online instruction, students get both support and flexibility.

To maintain and provide a school which provides the opportunity for success to, and motivates and instructs, students through a blended learning approach, featuring and engaging curriculum of Core, Honors and AP, and Elective courses that are taught online and in person.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$214,890$230,521▲ $15,631
Pledges and Grants Receivable$119,896$52,838▼ $67,058
Prepaid Expenses and Deferred Charges$13,549--
Accounts Receivable$20,643$8,905▼ $11,738
Land, Buildings, and Equipment, Net$5,898$2,746▼ $3,152
Total Assets$1,000,185$1,050,042▲ $49,857
Other Assets Total$625,309$755,032▲ $129,723
Liabilities
Other Liabilities$1,458,358$1,853,073▲ $394,715
Accounts Payable and Accrued Expenses$365,313$285,010▼ $80,303
Total Liabilities$1,823,671$2,138,083▲ $314,412
Net Assets / Fund Balance
Permanently Rstr Net Assets$5,898$2,746▼ $3,152
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-829,384$-1,090,787▼ $261,403
Total Net Assets Fund Balance$-823,486$-1,088,041▼ $264,555
Total Liabilities and Net Assets / Fund Balance$1,000,185$1,050,042▲ $49,857

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$2,746$13,012$0
Leasehold Improvements$0$0$0
Other Assets Org$755,032--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Elliot RossBoard President$1,875$1,875
Bobbie AveryBoard Member$1,750$1,750
Lew MilnerBoard Member$1,625$1,625
Patricia RobertsBoard Member$1,500$1,500
Peter HolmesBoard Member$1,500$1,500

Highest Paid Contractors

ContractorServicesLocationCompensation
Connections Academy of Ohio LLCOperational and Management ServicesPO Box 62338, Baltimore, MD 21264-2338$4,094,088
Revenue and Support

Revenue Composition

Contributions and Grants
$2,431,794
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,431,794
Change in Net Assets
$-264,555

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,431,794
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$2,431,794
Total Revenue per Form 990
$2,431,794
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,758,868
Salaries, Compensation, and Employee Benefits$937,481
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$666,947$0$0$666,947
Other Salaries and Wages$493,364--$493,364
Other Employee Benefits$444,117--$444,117
Occupancy$215,219--$215,219
Fees for Services Other$36,861--$36,861
Fees for Services Accounting$33,296--$33,296
Fees for Services Legal-$31,355-$31,355
Office Expenses$31,061--$31,061
Depreciation Depletion$3,152--$3,152
Insurance$1,318--$1,318
Total Functional Expenses$2,628,585$67,764$0$2,696,349

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,696,349
Total Expenses per Audited Statements$2,696,349
Total Expenses per Form 990$2,696,349
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Net Pension Liability$1,845,701
Deferred Inflows of Resources$7,372
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The school contracted with a management company, Connections Education, to provide certain operational functions and management services.

Form 990, Part VI, Section B, Line 11B

The Form 990 is prepared and reviewed by the fiscal officer. After the review of the Form 990, it is provided to the Board of Director's legal counsel for review. Once completed, it is then provided to the Board President for signature.

Form 990, Part VI, Section B, Line 12C

The Board of Directors, in conjunction with their legal counsel, consistently review compliance with federal and state regulations. In addition, the school is continuously monitored by its sponsor to ensure compliance with laws and regulations.

Form 990, Part VI, Section C, Line 19

The school's governing documents, conflict of interest policy and financial statements are maintained by its legal counsel and fiscal officer, and may be provided upon request.

Filing and Contact Details

Filer

Filer Name
Better Blended Learning for Cleveland Inc
EIN
45-4670785
Phone
3305150572
Address
3615 Superior Avenue, Cleveland, OH 44114
Doing Business As
Nexus Academy of Cleveland

Signing Officer

Name
C David Massa
Title
Treasurer
Phone
3305150572
Signed
2018-03-23

Organization Details

Principal Officer
C David Massa
Formed
2012
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0
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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/Total509Grp/CurrentTaxYearMinus4YearsAmt01193793
IRS990ScheduleA/Total509Grp/TotalAmt011206693
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02431794
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02694290
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02584569
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02302247
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01193793
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt011206693
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt02746
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013012
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt015758
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02696349
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0755032
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows of Resources
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01845701
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17372
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Inflows of Resources
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02431794
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02746
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0755032
IRS990ScheduleD/TotalExpensesPerForm990Amt02696349
IRS990ScheduleD/TotalLiabilityAmt01853073
IRS990ScheduleD/TotalRevenuePerForm990Amt02431794
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02431794
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02696349
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The school contracted with a management company, Connections Education, to provide certain operational functions and management services.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is prepared and reviewed by the fiscal officer. After the review of the Form 990, it is provided to the Board of Director's legal counsel for review. Once completed, it is then provided to the Board President for signature.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors, in conjunction with their legal counsel, consistently review compliance with federal and state regulations. In addition, the school is continuously monitored by its sponsor to ensure compliance with laws and regulations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The school's governing documents, conflict of interest policy and financial statements are maintained by its legal counsel and fiscal officer, and may be provided upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01000185
IRS990/TotalAssetsEOYAmt01050042
IRS990/TotalAssetsGrp/BOYAmt01000185
IRS990/TotalAssetsGrp/EOYAmt01050042
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02431794
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt067764
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02628585
IRS990/TotalFunctionalExpensesGrp/TotalAmt02696349
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01823671
IRS990/TotalLiabilitiesEOYAmt02138083
IRS990/TotalLiabilitiesGrp/BOYAmt01823671
IRS990/TotalLiabilitiesGrp/EOYAmt02138083
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-823486
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1088041
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt02628585
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt08250
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02431794
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01000185
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01050042
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-829384
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1090787
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0219 E Maple St Ste 202
IRS990/USAddress/CityNm0North Canton
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044720
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0The school waited for final audited financial statements prior to filing the Form 990.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0C David Massa
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03305150572
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Better Blended Learning for Cleveland Inc
ReturnHeader/Filer/BusinessNameControlTxt0BETT
ReturnHeader/Filer/EIN0454670785
ReturnHeader/Filer/PhoneNum03305150572
ReturnHeader/Filer/USAddress/AddressLine1Txt03615 Superior Avenue
ReturnHeader/Filer/USAddress/CityNm0Cleveland
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044114

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