Civic Intelligence

Flex High School Inc.

990 • Fiscal year 2022 • EIN 47-3226519

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 18, 2023

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

0.59x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

84th percentile

0.71x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

69th percentile

19%

Higher net margin than 69% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$1,250

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

86th percentile

40%

Faster asset growth than 86% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

53rd percentile

8.0%

Faster revenue growth than 53% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$4,336,780

Up $1,237,524 (+40%) from 2021

Net Assets

Up

$1,775,242

Up $680,833 (+62%) from 2021

Liabilities

Up

$2,561,538

Up $556,691 (+28%) from 2021

Revenue

Up

$3,586,176

Up $266,375 (+8.0%) from 2021

Expenses

Down

$2,905,343

Down $112,817 (-3.7%) from 2021

Net Income

Up

$680,833

Up $379,192 (+126%) from 2021

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

2022

Assets$4,336,780
Liabilities$2,561,538
Net Assets$1,775,242

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

2022

Revenue$3,586,176
Expenses$2,905,343
Net Income$680,833
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 18, 2023
Return Version
2021v4.0
Gross Receipts
$3,586,176
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$1,757,417$2,954,095▲ $1,196,678
Other Notes and Loans Receivable, Net$73,600$146,673▲ $73,073
Land, Buildings, and Equipment, Net$60,329$50,998▼ $9,331
Prepaid Expenses and Deferred Charges$6,167$29,046▲ $22,879
Pledges and Grants Receivable$11,070$23,549▲ $12,479
Accounts Receivable$28,598$15,576▼ $13,022
Total Assets$3,099,256$4,336,780▲ $1,237,524
Other Assets Total$1,162,075$1,116,843▼ $45,232
Liabilities
Other Liabilities$1,900,010$2,130,491▲ $230,481
Accounts Payable and Accrued Expenses$104,837$431,047▲ $326,210
Total Liabilities$2,004,847$2,561,538▲ $556,691
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,094,409$1,775,242▲ $680,833
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,094,409$1,775,242▲ $680,833
Total Liabilities and Net Assets / Fund Balance$3,099,256$4,336,780▲ $1,237,524

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$30,454$0
Land$0-$0
Equipment$22,323$120,472$0
Leasehold Improvements$28,675$36,003$0
Other Assets Org$155,063--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Sean LehmanBoard Chairman$1,250$1,250
Drake RossBoard Member$1,250$1,250
Carly BairdBoard Member$1,125$1,125
Joey KlobucharBoard Member$875$875
TJ BowenBoard Treasurer$250$250
Martina EllerbeBoard Secretary$125$125

Highest Paid Contractors

ContractorServicesLocationCompensation
Lifelong LearningManagement177 Holston Drive, Lancaster, CA 93535$323,005
Revenue and Support

Revenue Composition

Contributions and Grants
$3,586,176
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,586,176
Change in Net Assets
$680,833

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,586,176
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$3,586,176
Total Revenue per Form 990
$3,586,176
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,676,613
Other Expenses$1,228,730
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,077,710--$1,077,710
Fees for Services Management$620,428--$620,428
Other Employee Benefits$598,903--$598,903
Occupancy$193,463--$193,463
Fees for Services Other$122,828--$122,828
Fees for Services Accounting$45,717--$45,717
Fees for Services Legal$28,459--$28,459
Depreciation Depletion$27,331--$27,331
Other Expenses$18,992$0$0$18,992
All Other Expenses$15,710--$15,710
Insurance$7,422--$7,422
Advertising$940--$940
Total Functional Expenses$2,905,343$0$0$2,905,343

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,905,343
Total Expenses per Audited Statements$2,905,343
Total Expenses per Form 990$2,905,343
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$1,012,169
Deferred Inflows of Resources - Pension$801,366
Deferred Inflows of Resources - OPEB$207,273
Net OPEB Liability$109,683
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
2023-04-18

Organization Details

Principal Officer
C David Massa
Formed
2015
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
22
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/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0680833
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03586176
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt022323
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0120472
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0142795
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02905343
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt028675
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt036003
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt064678
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0127953
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt176181
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2757646
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3155063
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Net OPEB Asset
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Non Current Portion of Long Term Debt
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Deferred Outflows of Resources - Pension
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Deferred Outflows of Resources - OPEB
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030454
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt030454
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01012169
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1109683
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2801366
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3207273
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net OPEB Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deferred Inflows of Resources - Pension
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Deferred Inflows of Resources - OPEB
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03586176
IRS990ScheduleD/TotalBookValueLandBuildingsAmt050998
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01116843
IRS990ScheduleD/TotalExpensesPerForm990Amt02905343
IRS990ScheduleD/TotalLiabilityAmt02130491
IRS990ScheduleD/TotalRevenuePerForm990Amt03586176
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03586176
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02905343
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/MaintainScholarshipsRecsInd01
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/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
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/TotalAssetsBOYAmt03099256
IRS990/TotalAssetsEOYAmt04336780
IRS990/TotalAssetsGrp/BOYAmt03099256
IRS990/TotalAssetsGrp/EOYAmt04336780
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03586176
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02905343
IRS990/TotalFunctionalExpensesGrp/TotalAmt02905343
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02004847
IRS990/TotalLiabilitiesEOYAmt02561538
IRS990/TotalLiabilitiesGrp/BOYAmt02004847
IRS990/TotalLiabilitiesGrp/EOYAmt02561538
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01094409
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01775242
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt02905343
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt04875
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03586176
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

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