Civic Intelligence

Better Blended Learning for Cleveland Inc

990 • Fiscal year 2018 • EIN 45-4670785

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 18, 2019

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

99th percentile

3.24x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

2.28x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

10th percentile

-29%

Higher net margin than 10% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

36th percentile

$1,750

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

4th percentile

-27%

Faster asset growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

4th percentile

-55%

Faster revenue growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$769,233

Down $280,809 (-27%) from 2017

Net Assets

Down

-$1,721,789

Down $633,748 (-58%) from 2017

Liabilities

Up

$2,491,022

Up $352,939 (+17%) from 2017

Revenue

Down

$1,090,767

Down $1,341,027 (-55%) from 2017

Expenses

Down

$1,406,010

Down $1,290,339 (-48%) from 2017

Net Income

Down

-$315,243

Down $50,688 (-19%) from 2017

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

2018

Assets$769,233
Liabilities$2,491,022
Net Assets-$1,721,789

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

2018

Revenue$1,090,767
Expenses$1,406,010
Net Income-$315,243
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 18, 2019
Return Version
2017v2.0
Gross Receipts
$1,090,767
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
Pledges and Grants Receivable$52,838$67,383▲ $14,545
Prepaid Expenses and Deferred Charges-$19,749-
Cash and Non-Interest-Bearing Accounts$230,521$10,887▼ $219,634
Land, Buildings, and Equipment, Net$2,746$0▼ $2,746
Accounts Receivable$8,905$2,704▼ $6,201
Total Assets$1,051,144$769,233▼ $281,911
Other Assets Total$756,134$668,510▼ $87,624
Liabilities
Other Liabilities$2,172,680$1,663,757▼ $508,923
Accounts Payable and Accrued Expenses$285,010$827,265▲ $542,255
Total Liabilities$2,457,690$2,491,022▲ $33,332
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,746$0▼ $2,746
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-1,409,292$-1,721,789▼ $312,497
Total Net Assets Fund Balance$-1,406,546$-1,721,789▼ $315,243
Total Liabilities and Net Assets / Fund Balance$1,051,144$769,233▼ $281,911

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$0$15,758$0
Leasehold Improvements$0$0$0
Other Assets Org$668,510--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Elliot RossBoard President$1,750$1,750
Bobbie AveryBoard Member$1,625$1,625
Patricia RobertsBoard Member$1,625$1,625
Peter HolmesBoard Member$1,500$1,500
Lew MilnerBoard Member$1,375$1,375

Highest Paid Contractors

ContractorServicesLocationCompensation
Connections Academy of Ohio LLCOperational and Management ServicesPO Box 62338, Baltimore, MD 21264-2338$148,766
Accel Schools LLCManagement Services4700 Rockside Road, Independence, OH 44131$110,765
Revenue and Support

Revenue Composition

Contributions and Grants
$1,090,767
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,090,767
Change in Net Assets
$-315,243

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,090,767
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$1,090,767
Total Revenue per Form 990
$1,090,767
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,139,662
Salaries, Compensation, and Employee Benefits$266,348
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$536,761--$536,761
Fees for Services Other$473,938--$473,938
Occupancy$268,899--$268,899
Fees for Services Management$110,765--$110,765
Advertising$53,437--$53,437
Fees for Services Accounting$30,515--$30,515
All Other Expenses$25,860--$25,860
Other Expenses$17,858$0$0$17,858
Fees for Services Legal$14,019--$14,019
Office Expenses$8,380--$8,380
Depreciation Depletion$2,747--$2,747
Travel$1,474--$1,474
Other Employee Benefits$-270,413--$-270,413
Total Functional Expenses$1,406,010$0$0$1,406,010

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,406,010
Total Expenses per Audited Statements$1,406,010
Total Expenses per Form 990$1,406,010
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$1,129,682
Deferred Inflows of Resources$321,376
Net OPEB Liability$212,699
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, Accel Schools LLC, 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
Cleveland Preparatory Academy

Signing Officer

Name
C David Massa
Title
Treasurer
Phone
3305150572
Signed
2019-04-18

Organization Details

Principal Officer
C David Massa
Formed
2012
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

All other Professional and Technical services provided.

Raw XML AppendixShowing 400 of 418 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/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02694290
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02584569
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02302247
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt011103667
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt011103667
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01090767
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02431794
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02694290
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02584569
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02302247
IRS990ScheduleA/Total509Grp/TotalAmt011103667
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01090767
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02431794
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02694290
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02584569
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02302247
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt011103667
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015758
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt015758
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01406010
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/BookValueAmt0668510
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Outflows of Resources
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01129682
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1212699
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2321376
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net OPEB Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deferred Inflows of Resources
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01090767
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0668510
IRS990ScheduleD/TotalExpensesPerForm990Amt01406010
IRS990ScheduleD/TotalLiabilityAmt01663757
IRS990ScheduleD/TotalRevenuePerForm990Amt01090767
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01090767
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01406010
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The school contracted with a management company, Accel Schools LLC, 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/ExplanationTxt4All other Professional and Technical services provided.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01051144
IRS990/TotalAssetsEOYAmt0769233
IRS990/TotalAssetsGrp/BOYAmt01051144
IRS990/TotalAssetsGrp/EOYAmt0769233
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01090767
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01406010
IRS990/TotalFunctionalExpensesGrp/TotalAmt01406010
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02457690
IRS990/TotalLiabilitiesEOYAmt02491022
IRS990/TotalLiabilitiesGrp/BOYAmt02457690
IRS990/TotalLiabilitiesGrp/EOYAmt02491022
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1406546
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1721789
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt01406010
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt07875
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01090767
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01051144
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0769233
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01474
IRS990/TravelGrp/TotalAmt01474
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1409292
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1721789
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/BuildTS02019-02-21 02:37:17Z

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