Civic Intelligence

School for Community Learning Inc.

990 • Fiscal year 2021 • EIN 46-0884458

Jul 01, 2020 to Jun 30, 2021 • Filed on Jun 29, 2022

612 W 42nd StIndianapolis, IN 46208

(317) 926-5812

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

58th percentile

15%

Higher net margin than 58% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

93rd percentile

164%

Faster asset growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

53rd percentile

7.4%

Faster revenue growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$58,428

Up $36,259 (+164%) from 2020

Net Assets

Up

$58,428

Up $89,081 (+291%) from 2020

Liabilities

Down

$0

Down $52,822 (-100%) from 2020

Revenue

Up

$439,030

Up $30,107 (+7.4%) from 2020

Expenses

Down

$375,088

Down $51,421 (-12%) from 2020

Net Income

Up

$63,942

Up $81,528 (+464%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0-$50KAssets 2014: $64,238Liabilities 2014: $13,375Net Assets 2014: $50,8632014Assets 2015: $49,252Liabilities 2015: $6,846Net Assets 2015: $42,4062015Assets 2016: $75,140Liabilities 2016: $11,586Net Assets 2016: $63,5542016Assets 2017: $18,489Liabilities 2017: $15,474Net Assets 2017: $3,0152017Assets 2018: $16,444Liabilities 2018: $14,719Net Assets 2018: $1,7252018Assets 2019: $12,443Liabilities 2019: $25,675Net Assets 2019: -$13,2322019Assets 2020: $22,169Liabilities 2020: $52,822Net Assets 2020: -$30,6532020Assets 2021: $58,428Liabilities 2021: $0Net Assets 2021: $58,4282021Assets 2022: $167,732Liabilities 2022: $7,923Net Assets 2022: $159,8092022Assets 2023: $70,799Liabilities 2023: $21,202Net Assets 2023: $49,5972023Assets 2024: $77,617Liabilities 2024: $3,851Net Assets 2024: $73,7662024

Highlighted filing

2021

Assets$58,428
Liabilities$0
Net Assets$58,428

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $270,528Expenses 2014: $232,384Net Income 2014: $38,1442014Revenue 2015: $310,102Expenses 2015: $318,559Net Income 2015: -$8,4572015Revenue 2016: $483,021Expenses 2016: $459,138Net Income 2016: $23,8832016Revenue 2017: $448,423Expenses 2017: $479,106Net Income 2017: -$30,6832017Revenue 2018: $465,905Expenses 2018: $459,931Net Income 2018: $5,9742018Revenue 2019: $461,192Expenses 2019: $476,149Net Income 2019: -$14,9572019Revenue 2020: $408,923Expenses 2020: $426,509Net Income 2020: -$17,5862020Revenue 2021: $439,030Expenses 2021: $375,088Net Income 2021: $63,9422021Revenue 2022: $485,375Expenses 2022: $462,898Net Income 2022: $22,4772022Revenue 2023: $410,443Expenses 2023: $513,385Net Income 2023: -$102,9422023Revenue 2024: $555,193Expenses 2024: $523,004Net Income 2024: $32,1892024

Highlighted filing

2021

Revenue$439,030
Expenses$375,088
Net Income$63,942
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jun 29, 2022
Return Version
2020v4.2
Gross Receipts
$439,030
Mission and Program Overview

Mission

Project Libertas is a K-8th grade independent school in Indianapolis, IN. The mission of Project Libertas is to uncover, recover, and discover the unique gifts and talents that each child brings to school every day. Our school works collaboratively with families, community members, and social service agencies to solve real problems.

The School for Community Learning is a K-8th grade independent school in Indianapolis. The mission of the school is to uncover, recover, and discover the unique gifts and talents that each child brings to school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$-30,653$58,428▲ $89,081
Cash and Non-Interest-Bearing Accounts$10,571$41,964▲ $31,393
Accounts Receivable$4,687$9,763▲ $5,076
Land, Buildings, and Equipment, Net$6,911$6,701▼ $210
Total Assets$22,169$58,428▲ $36,259
Liabilities
Mortgage Notes Payable Secured by Investment Property$50,300--
Accounts Payable and Accrued Expenses$2,522--
Total Liabilities$52,822$0▼ $52,822
Net Assets / Fund Balance
Total Net Assets Fund Balance$-30,653$58,428▲ $89,081
Total Liabilities and Net Assets / Fund Balance$22,169$58,428▲ $36,259

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,701$19,009$25,710
Equipment-$18,794$18,794
Leasehold Improvements-$824$824
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chuck CorbinBoard Member
Cindy TaylorBoard Member
Megan BurtBoard Member
Monica MillerBoard Member
Virginia HolidayBoard Member
Megan Howey HughesExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$376,867
Program Service Revenue
$62,150
Investment Income
$13
Other Revenue
$0
All Other Contributions
$15,049
Change in Net Assets
$63,942
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$292,711
Other Expenses$82,377
Total Fundraising Expense$793
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$180,293$5,435-$185,728
Current Officers, Directors, Trustees, and Key Employees$33,833$34,523$690$69,046
Occupancy$33,618$11,206-$44,824
Other Employee Benefits$16,604$3,099$54$19,757
Payroll Taxes$15,280$2,851$49$18,180
Other Expenses$15,770--$15,770
Insurance$10,171$3,390-$13,561
Depreciation Depletion$3,743$1,247-$4,990
Interest$1,288--$1,288
Office Expenses$737$245-$982
Advertising$922--$922
Fees for Services Accounting$70$69-$139
Total Functional Expenses$312,230$62,065$793$375,088
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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 11

The Executive staff and the Finance Committee reviews the 990. Once their process is complete, including any revisions, the return is shared with the rest of the board prior to filing. The Board of Directors has the final review and approval.

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

Every year the Board of Directors is asked to supply a list of any conflicts of interest. The Board President reviews and monitors any conflics. Due to the small size of the Board of Directors, this is not a hard task.

Form 990, Part VI, Section B, Line 15A, 15B

The Executive Director prepares the budget which includes salary and wage increases and justification. The Finance Committee of the Board of Directors, reviews the budget including all salary and wage increases. Once their process is complete, including any revisions, the budget including salary and wage increases is presented to the entire Board of Directors for their review and approval. As many on this board are associated with other not for profits, they have their agencies salaries and wages to use as a comparison.

Form 990, Part VI, Section C, Line 19

The organizational documents are available on the website and per request. The 990 is available upon request. The organization documents and the 990 are provided annually to the bank and funders

Filing and Contact Details

Filer

Filer Name
School for Community Learning
EIN
46-0884458
Phone
3179265812
Address
612 W 42nd St, Indianapolis, IN 46208

Signing Officer

Name
Megan Howey Hughes
Title
Director
Signed
2022-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Megan Howey-Hughes
Formed
2012
Legal Domicile
In
Voting Board Members
6
Independent Board Members
6
Employees
13
Volunteers
50

Preparer

Firm
M M Lett Associates
Address
3480 E Fall Creek Pkwy N Dr, Indianapolis, IN 46205
Preparer
Mary M Lett
Phone
3179029892
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2A

The treasurer, who is a CPA, and the finance committee reviews the financial statements and gl prior to the statement going to the entire Board of Directors. Secondly the Board of Directors review and approve all financial statements.

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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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IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
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IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
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IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0We receive educational scholarship funding from the state of Indiana.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc06a
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Executive staff and the Finance Committee reviews the 990. Once their process is complete, including any revisions, the return is shared with the rest of the board prior to filing. The Board of Directors has the final review and approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Every year the Board of Directors is asked to supply a list of any conflicts of interest. The Board President reviews and monitors any conflics. Due to the small size of the Board of Directors, this is not a hard task.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Executive Director prepares the budget which includes salary and wage increases and justification. The Finance Committee of the Board of Directors, reviews the budget including all salary and wage increases. Once their process is complete, including any revisions, the budget including salary and wage increases is presented to the entire Board of Directors for their review and approval. As many on this board are associated with other not for profits, they have their agencies salaries and wages to use as a comparison.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organizational documents are available on the website and per request. The 990 is available upon request. The organization documents and the 990 are provided annually to the bank and funders
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The treasurer, who is a CPA, and the finance committee reviews the financial statements and gl prior to the statement going to the entire Board of Directors. Secondly the Board of Directors review and approve all financial statements.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a, 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 2a
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IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt062065
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0312230
IRS990/TotalFunctionalExpensesGrp/TotalAmt0375088
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IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt052822
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-30653
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt058428
IRS990/TotalProgramServiceExpensesAmt0312230
IRS990/TotalProgramServiceRevenueAmt062150
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt062163
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0439030
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt022169
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt058428
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0612 W 42nd St
IRS990/USAddress/CityNm0Indianapolis
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046208
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.projectlibertas.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Megan Howey Hughes
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0School for Community Learning
ReturnHeader/Filer/BusinessNameControlTxt0SCHO
ReturnHeader/Filer/EIN0460884458
ReturnHeader/Filer/PhoneNum03179265812
ReturnHeader/Filer/USAddress/AddressLine1Txt0612 W 42nd St
ReturnHeader/Filer/USAddress/CityNm0Indianapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046208
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0M M Lett Associates
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03480 E Fall Creek Pkwy N Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Indianapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046205
ReturnHeader/PreparerPersonGrp/PhoneNum03179029892
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mary M Lett
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-06-29T12:51:23-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Megan
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Howey Hughes
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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