Civic Intelligence

Lakeshore Intergenerational School

990 • Fiscal year 2018 • EIN 46-4486896

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 24, 2019

18025 Marcella RoadCleveland, OH 44119

(216) 586-3872

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$1,987,277

Flat from 2018

Net Assets

Flat

-$440,065

Flat from 2018

Liabilities

Flat

$2,427,342

Flat from 2018

Revenue And Expenses

Revenue

Flat

$2,418,325

Flat from 2018

Expenses

Flat

$2,027,858

Flat from 2018

Net Income

Flat

$390,467

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2015: $352,131Liabilities 2015: $208,437Net Assets 2015: $143,6942015Assets 2016: $1,441,205Liabilities 2016: $1,486,450Net Assets 2016: -$45,2452016Assets 2017: $2,046,326Liabilities 2017: $2,499,683Net Assets 2017: -$453,3572017Assets 2018: $1,987,277Liabilities 2018: $2,427,342Net Assets 2018: -$440,0652018Assets 2018: $1,987,277Liabilities 2018: $2,427,342Net Assets 2018: -$440,0652018Assets 2019: $2,102,374Liabilities 2019: $2,808,117Net Assets 2019: -$705,7432019Assets 2020: $2,086,114Liabilities 2020: $3,464,679Net Assets 2020: -$1,378,5652020Assets 2021: $2,115,295Liabilities 2021: $3,861,689Net Assets 2021: -$1,746,3942021Assets 2022: $3,748,197Liabilities 2022: $4,596,431Net Assets 2022: -$848,2342022Assets 2023: $3,871,866Liabilities 2023: $4,321,940Net Assets 2023: -$450,0742023Assets 2024: $3,154,673Liabilities 2024: $3,255,579Net Assets 2024: -$100,9062024

Highlighted filing

2018

Assets$1,987,277
Liabilities$2,427,342
Net Assets-$440,065

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2015: $1,470,159Expenses 2015: $1,327,204Net Income 2015: $142,9552015Revenue 2016: $1,882,522Expenses 2016: $2,071,461Net Income 2016: -$188,9392016Revenue 2017: $2,129,472Expenses 2017: $2,546,084Net Income 2017: -$416,6122017Revenue 2018: $2,418,325Expenses 2018: $2,027,858Net Income 2018: $390,4672018Revenue 2018: $2,418,325Expenses 2018: $2,027,858Net Income 2018: $390,4672018Revenue 2019: $2,534,637Expenses 2019: $2,800,315Net Income 2019: -$265,6782019Revenue 2020: $2,592,521Expenses 2020: $3,265,343Net Income 2020: -$672,8222020Revenue 2021: $2,879,893Expenses 2021: $3,247,722Net Income 2021: -$367,8292021Revenue 2022: $3,616,823Expenses 2022: $2,718,663Net Income 2022: $898,1602022Revenue 2023: $3,124,275Expenses 2023: $2,726,115Net Income 2023: $398,1602023Revenue 2024: $2,699,339Expenses 2024: $2,350,171Net Income 2024: $349,1682024

Highlighted filing

2018

Revenue$2,418,325
Expenses$2,027,858
Net Income$390,467
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 24, 2019
Return Version
2017v2.2
Gross Receipts
$4,736,556
Mission and Program Overview

Mission

See attached

See Schedule O attached

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$66,384$193,598▲ $127,214
Pledges and Grants Receivable$426,856$50,203▼ $376,653
Accounts Receivable$60,578$8,401▼ $52,177
Land, Buildings, and Equipment, Net$6,800$5,100▼ $1,700
Prepaid Expenses and Deferred Charges$2,647--
Total Assets$2,046,326$1,987,277▼ $59,049
Other Assets Total$1,483,061$1,729,975▲ $246,914
Liabilities
Other Liabilities$1,992,757$2,257,863▲ $265,106
Accounts Payable and Accrued Expenses$505,491$169,479▼ $336,012
Deferred Revenue$1,435--
Total Liabilities$2,499,683$2,427,342▼ $72,341
Net Assets / Fund Balance
Unrestricted Net Assets$-453,357$-440,065▲ $13,292
Total Net Assets Fund Balance$-453,357$-440,065▲ $13,292
Total Liabilities and Net Assets / Fund Balance$2,046,326$1,987,277▼ $59,049

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0--
Other Land Buildings$0--
Land$0--
Equipment$5,100$3,400-
Leasehold Improvements$0--
Other Assets Org$95,088--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017----$0
2016----$0
2015----$0
2014----$0
2013----$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robin BartleyPrincipalFT$63,158$63,158
Brooke KingModel Operations LeaderFT$13,653$13,653
Mary Ann VogelModel Education LeaderFT$12,089$12,089

Board Members and Trustees

NameTitle
David AttonBoard Member
Erica AdlakhaBoard Member
Lynn PharesBoard Member
Mark OlsonBoard Member
Stacy MillerBoard Member
Wynter AllenBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Scalish ConstructionConstruction Services13316, Lakewood, OH 44107$100,096
Revenue and Support

Revenue Composition

Contributions and Grants
$2,318,231
Program Service Revenue
$12,483
Investment Income
$0
Other Revenue
$87,611
All Other Contributions
$462,714
Change in Net Assets
$390,467

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,418,325
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,418,325
Total Revenue per Form 990
$2,418,325
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,046,563
Salaries, Compensation, and Employee Benefits$981,295
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$674,393$332,163-$1,006,556
Fees for Services Other$422,653$76,512-$499,165
Occupancy$190,424$93,791-$284,215
Current Officers, Directors, Trustees, and Key Employees$59,563$29,337-$88,900
Other Employee Benefits$35,804$17,635-$53,439
Other Expenses$17,190$8,466-$25,656
Conferences and Meetings$2,401$1,183-$3,584
Depreciation Depletion$1,700--$1,700
Pension Plan Contributions$-112,292$-55,308-$-167,600
Total Functional Expenses$1,480,410$547,448$0$2,027,858

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,027,858
Total Expenses per Audited Statements$2,027,858
Total Expenses per Form 990$2,027,858
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$1,775,566
Net OPEB Liability$376,947
Pension Deferred Inflows$62,307
OPEB Deferred Inflows$43,043
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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
Yes

Governance Explanations

Part VI, Line 19

Documents are available upon request.

Part VI, Line 15A/15B

The School's Board determines appropriate compensation for this position using comparability data and within the confines of the budget.

Part VI, Line 12C

All Board Members review and resubmit their conflict of interest statements annually.

Part VI, Line 11B

Form 990 is sent to the Finance committee of the Board for review and acceptance.

Part VI, Line 3

Management Company: Breakthrough Charter Schools Services: Administration, Operations, Human Resources, Student Recruitment, Information Technology, Finance and Accounting.

Filing and Contact Details

Filer

Filer Name
Lakeshore Intergenerational School
EIN
46-4486896
Phone
2165863872
Address
18025 Marcella Road, Cleveland, OH 44119

Signing Officer

Name
James G Zupka
Title
Partner
Signed
2019-01-24
Discuss with paid preparer
No

Organization Details

Formed
2014
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
36
Volunteers
30

Preparer

Firm
James G Zupka CPA Inc
Address
5240 East 98th Street, Garfield Heights, OH 44125
Preparer
James G Zupka
Phone
2164756136
Supplemental Narrative

Additional Explanations

Part I, line 1 and Part III, Line 1

Lakeshore Intergenerational School is the second replication of the award-winning Intergenerational School that opened on Cleveland's east side in 2000. The school features a curriculum where students learn at their own pace and knowledge is constructed through social connections. The model breaks down traditional age barriers to create an environment where learners of all ages come together for shared experiences. Last year, Lakeshore Intergenerational School was rated amount the Top 10 Elementary Schools in the entire city of Cleveland for student achievement. Each multi-age classroom (spanning 3-4 year of age and varied abilities), creates a dynamic and individualized learning environment where everyone can fluidly through development stages based on mastery (no social promotion). The Intergenerational Schools are also recipients of the national Eisner Prize for Intergenerational Excellence. The Eisner Prize recognizes individuals or non-profit organizations for efforts to unite multiple generations- especially seniors and youth- and bring about positive, lasting changes in their communities. Students regularly interact with diverse adults and elders who participate as mentors, tutors and co-learners. Community are key and every class adapts a long term care facility's as residents for regular visits and activities. The School also partners with local high schools, colleges and non-profits, most recently, providing a volunteer work environment for adults with disabilities, which helps our students learn about diversity and communicating with people who may be different. Since the neighborhood, with much help from the local community development corporation, Northeast Shores, brought the school as a valuable community asset, it has had tremendous success.

Part IX, Line 11G

Professional and Technical Services $395,484; Communications $7,038; Contracted Craft or Trade Services $88,213; Pupil Transportation $8,152; Other $278.

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IRS990/RevenueAmt0100094
IRS990ScheduleA/DistributionAllocationsGrp/CYDistriAppDistributableAmt00
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IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt00
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IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt00
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IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt00
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IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt03400
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt195088
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IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
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IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Lakeshore Intergenerational School is the second replication of the award-winning Intergenerational School that opened on Cleveland's east side in 2000. The school features a curriculum where students learn at their own pace and knowledge is constructed through social connections. The model breaks down traditional age barriers to create an environment where learners of all ages come together for shared experiences. Last year, Lakeshore Intergenerational School was rated amount the Top 10 Elementary Schools in the entire city of Cleveland for student achievement. Each multi-age classroom (spanning 3-4 year of age and varied abilities), creates a dynamic and individualized learning environment where everyone can fluidly through development stages based on mastery (no social promotion). The Intergenerational Schools are also recipients of the national Eisner Prize for Intergenerational Excellence. The Eisner Prize recognizes individuals or non-profit organizations for efforts to unite multiple generations- especially seniors and youth- and bring about positive, lasting changes in their communities. Students regularly interact with diverse adults and elders who participate as mentors, tutors and co-learners. Community are key and every class adapts a long term care facility's as residents for regular visits and activities. The School also partners with local high schools, colleges and non-profits, most recently, providing a volunteer work environment for adults with disabilities, which helps our students learn about diversity and communicating with people who may be different. Since the neighborhood, with much help from the local community development corporation, Northeast Shores, brought the school as a valuable community asset, it has had tremendous success.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The School's Board determines appropriate compensation for this position using comparability data and within the confines of the budget.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All Board Members review and resubmit their conflict of interest statements annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Form 990 is sent to the Finance committee of the Board for review and acceptance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Management Company: Breakthrough Charter Schools Services: Administration, Operations, Human Resources, Student Recruitment, Information Technology, Finance and Accounting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Professional and Technical Services $395,484; Communications $7,038; Contracted Craft or Trade Services $88,213; Pupil Transportation $8,152; Other $278.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 1 and Part III, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Line 15a/15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI, Line 12c

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