Civic Intelligence

Flex High School Inc.

990 • Fiscal year 2020 • EIN 47-3226519

Jul 01, 2019 to Jun 30, 2020 • Filed on May 05, 2021

115 S Gift StreetColumbus, OH 43215

(330) 515-0572

Siviq Scores

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

Liabilities / Assets

87th percentile

0.68x

Higher debt load relative to assets than 87% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

0.58x

Higher debt load relative to revenue than 79% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

52nd percentile

6.1%

Higher net margin than 52% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

38th percentile

$1,125

Higher top officer pay than 38% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

73rd percentile

22%

Faster asset growth than 73% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

41st percentile

-3.5%

Faster revenue growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,467,422

Up $442,693 (+22%) from 2019

Net Assets

Up

$792,768

Up $173,515 (+28%) from 2019

Liabilities

Up

$1,674,654

Up $269,178 (+19%) from 2019

Revenue

Down

$2,864,673

Down $104,823 (-3.5%) from 2019

Expenses

Up

$2,691,158

Up $782,912 (+41%) from 2019

Net Income

Down

$173,515

Down $887,735 (-84%) from 2019

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2016: $174,913Liabilities 2016: $448,594Net Assets 2016: -$273,6812016Assets 2017: $971,558Liabilities 2017: $1,611,968Net Assets 2017: -$640,4102017Assets 2018: $1,514,019Liabilities 2018: $1,956,016Net Assets 2018: -$441,9972018Assets 2019: $2,024,729Liabilities 2019: $1,405,476Net Assets 2019: $619,2532019Assets 2020: $2,467,422Liabilities 2020: $1,674,654Net Assets 2020: $792,7682020Assets 2021: $3,099,256Liabilities 2021: $2,004,847Net Assets 2021: $1,094,4092021Assets 2022: $4,336,780Liabilities 2022: $2,561,538Net Assets 2022: $1,775,2422022Assets 2023: $8,058,857Liabilities 2023: $5,117,122Net Assets 2023: $2,941,7352023Assets 2024: $9,149,192Liabilities 2024: $5,002,541Net Assets 2024: $4,146,6512024

Highlighted filing

2020

Assets$2,467,422
Liabilities$1,674,654
Net Assets$792,768

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $704,069Expenses 2016: $977,750Net Income 2016: -$273,6812016Revenue 2017: $934,386Expenses 2017: $1,301,115Net Income 2017: -$366,7292017Revenue 2018: $1,524,978Expenses 2018: $1,131,027Net Income 2018: $393,9512018Revenue 2019: $2,969,496Expenses 2019: $1,908,246Net Income 2019: $1,061,2502019Revenue 2020: $2,864,673Expenses 2020: $2,691,158Net Income 2020: $173,5152020Revenue 2021: $3,319,801Expenses 2021: $3,018,160Net Income 2021: $301,6412021Revenue 2022: $3,586,176Expenses 2022: $2,905,343Net Income 2022: $680,8332022Revenue 2023: $4,011,196Expenses 2023: $2,844,703Net Income 2023: $1,166,4932023Revenue 2024: $5,268,328Expenses 2024: $4,063,412Net Income 2024: $1,204,9162024

Highlighted filing

2020

Revenue$2,864,673
Expenses$2,691,158
Net Income$173,515
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 5, 2021
Return Version
2019v5.0
Gross Receipts
$2,864,673
Mission and Program Overview

Mission

At FLEX High, we focus on providing a SAFE educational environment, so that you may focus on your goal of obtaining a high school diploma. Our students love the quiet, one-on-one attention they receive from their teacher mentors.

At FLEX High, we focus on providing a SAFE educational environment, so that you may focus on your goal of obtaining a high school diploma. At Flex High we strive to engage and re-engage with opportunity youth in the ultimate goal of earning a high school diploma. Our students love the quiet, one-on-one attention they receive from their teacher mentors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$902,239$1,155,796▲ $253,557
Other Notes and Loans Receivable, Net-$53,545-
Land, Buildings, and Equipment, Net$62,927$42,974▼ $19,953
Accounts Receivable$21,000$21,893▲ $893
Pledges and Grants Receivable$68,737$12,000▼ $56,737
Prepaid Expenses and Deferred Charges$15,380$6,167▼ $9,213
Total Assets$2,024,729$2,467,422▲ $442,693
Other Assets Total$954,446$1,175,047▲ $220,601
Liabilities
Other Liabilities$1,182,389$1,418,550▲ $236,161
Accounts Payable and Accrued Expenses$133,087$166,104▲ $33,017
Mortgage Notes Payable Secured by Investment Property$90,000$90,000→ $0
Total Liabilities$1,405,476$1,674,654▲ $269,178
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$619,253$792,768▲ $173,515
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$619,253$792,768▲ $173,515
Total Liabilities and Net Assets / Fund Balance$2,024,729$2,467,422▲ $442,693

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$2,600$57,486$0
Land$0-$0
Equipment$5,547$53,110$0
Leasehold Improvements$34,827$21,371$0
Other Assets Org$110,113--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Kelsey SchifferBoard Member$1,125$1,125
Sean LehmanBoard Chairman$750$750
Martina EllerbeBoard Secretary$750$750
Lori HamlinBoard Vice Chairwoman$625$625
TJ BowenBoard Treasurer$625$625

Highest Paid Contractors

ContractorServicesLocationCompensation
Lifelong LearningManagement177 Holston Drive, Lancaster, CA 93535$229,486
Sequoia AdministrativeHR Services548 Market St, San Francisco, CA 94104$127,493
Revenue and Support

Revenue Composition

Contributions and Grants
$2,864,673
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,864,673
Change in Net Assets
$173,515

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,864,673
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$2,864,673
Total Revenue per Form 990
$2,864,673
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,552,015
Other Expenses$1,139,143
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$871,131--$871,131
Other Employee Benefits$680,884--$680,884
Fees for Services Management$398,133--$398,133
Occupancy$171,306--$171,306
Fees for Services Other$150,050--$150,050
All Other Expenses$50,553--$50,553
Other Expenses$45,024$0$0$45,024
Fees for Services Accounting$43,220--$43,220
Insurance$37,866--$37,866
Advertising$34,117--$34,117
Fees for Services Legal$34,013--$34,013
Depreciation Depletion$19,953--$19,953
Total Functional Expenses$2,691,158$0$0$2,691,158

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,691,158
Total Expenses per Audited Statements$2,691,158
Total Expenses per Form 990$2,691,158
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$1,159,570
Deferred Inflows or Resources - OPEB$117,436
Deferred Inflows of Resources - Pension$73,881
Net OPEB Liability$67,663
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 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
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
No

Governance Explanations

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

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

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
Flex High School Inc
EIN
47-3226519
Address
115 S Gift Street, Columbus, OH 43215

Signing Officer

Name
David Massa
Title
Treasurer
Phone
3305150572
Signed
2021-05-05

Organization Details

Principal Officer
C David Massa
Formed
2015
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
18
Volunteers
0
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IRS990/ActivityOrMissionDesc0At FLEX High, we focus on providing a SAFE educational environment, so that you may focus on your goal of obtaining a high school diploma. At Flex High we strive to engage and re-engage with opportunity youth in the ultimate goal of earning a high school diploma. Our students love the quiet, one-on-one attention they receive from their teacher mentors.
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IRS990/Desc0As a community school our strategy is to personalize the resources of the charter school and community around the student's success. We focus on educating some of the most inspiring, dedicated, hard-working young adults you will ever meet. Students come to FLEX High for a variety of reasons, with some facing extraordinary obstacles and challenges. And every day, we witness these students break through those obstacles, find their voice, and set their sights on a better future.
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IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02864673
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt05547
IRS990ScheduleD/EquipmentGrp/DepreciationAmt053110
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt058657
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02691158
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt034827
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt021371
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt056198
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt075239
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1296455
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2693240
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3110113
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Net OPEB Asset
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Non Current Portion of Notes Receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Deferred Outflows of Resources - Pension
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Deferred Outflows of Resources - OPEB
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02600
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt057486
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt060086
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01159570
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt167663
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt273881
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3117436
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net OPEB Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deferred Inflows of Resources - Pension
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Deferred Inflows or Resources - OPEB
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02864673
IRS990ScheduleD/TotalBookValueLandBuildingsAmt042974
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01175047
IRS990ScheduleD/TotalExpensesPerForm990Amt02691158
IRS990ScheduleD/TotalLiabilityAmt01418550
IRS990ScheduleD/TotalRevenuePerForm990Amt02864673
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02864673
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02691158
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The school provides a parent student handbook that describes their policies regarding discrimination, as well as ,any literature that is sent to the public includes a statement about such policies.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The school is a community school in Ohio and does not provide scholarships or financial assistance as a free public school.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 4
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is prepared and reviewed by the fiscal officer. Once prepared, the Form 990 is provided to the Board of Director's legal counsel for review. After the review, the Form 990 is provided to the Board President for review and approval, and then back to the fiscal officer for signature and filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 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/ExplanationTxt2The 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 B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02024729
IRS990/TotalAssetsEOYAmt02467422
IRS990/TotalAssetsGrp/BOYAmt02024729
IRS990/TotalAssetsGrp/EOYAmt02467422
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02864673
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02691158
IRS990/TotalFunctionalExpensesGrp/TotalAmt02691158
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01405476
IRS990/TotalLiabilitiesEOYAmt01674654
IRS990/TotalLiabilitiesGrp/BOYAmt01405476
IRS990/TotalLiabilitiesGrp/EOYAmt01674654
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0619253
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0792768
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt02691158
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt03875
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02864673
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02024729
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02467422
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00

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