Civic Intelligence

Aealas of Ohio Inc DBA Albert Einstein Academy

EIN 47-4186077 • 501(c)3 • Westlake, OH

Profile

"the organization seeks to prepare students for 21st century careers and lives as members of a democratic society through an interdisciplinary educational experience that is rich in exposure to modern languages."

3550 Crocker RoadWestlake, OH 44145
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

1.51x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

1.32x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

45th percentile

2.6%

Higher net margin than 45% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$105,863

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

37th percentile

0.1%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

5.0%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,363,559

Up $5,930 (+0.1%) from 2023

Liabilities

Down

$6,609,859

Down $122,864 (-1.8%) from 2023

Net Assets

Up

-$2,246,300

Up $128,794 (+5.4%) from 2023

Revenue

Up

$5,018,473

Up $237,531 (+5.0%) from 2023

Expenses

Down

$4,889,679

Down $418,424 (-7.9%) from 2023

Net Income

Up

$128,794

Up $655,955 (+124%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2020: $3,918,147Liabilities 2020: $4,379,565Net Assets 2020: -$461,4182020Assets 2021: $3,788,798Liabilities 2021: $5,181,626Net Assets 2021: -$1,392,8282021Assets 2022: $4,821,111Liabilities 2022: $6,669,044Net Assets 2022: -$1,847,9332022Assets 2023: $4,357,629Liabilities 2023: $6,732,723Net Assets 2023: -$2,375,0942023Assets 2024: $4,363,559Liabilities 2024: $6,609,859Net Assets 2024: -$2,246,3002024

Highlighted filing

2024

Assets$4,363,559
Liabilities$6,609,859
Net Assets-$2,246,300

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $4,283,120Expenses 2020: $5,025,245Net Income 2020: -$742,1252020Revenue 2021: $4,247,873Expenses 2021: $5,179,283Net Income 2021: -$931,4102021Revenue 2022: $4,334,690Expenses 2022: $4,789,795Net Income 2022: -$455,1052022Revenue 2023: $4,780,942Expenses 2023: $5,308,103Net Income 2023: -$527,1612023Revenue 2024: $5,018,473Expenses 2024: $4,889,679Net Income 2024: $128,7942024

Highlighted filing

2024

Revenue$5,018,473
Expenses$4,889,679
Net Income$128,794

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 6, 2023
Return Version
2021v4.2
Gross Receipts
$4,334,690
Mission and Program Overview

Mission

"the organization seeks to prepare students for 21st century careers and lives as members of a democratic society through an interdisciplinary educational experience that is rich in exposure to modern languages."

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$2,090,273$2,517,277▲ $427,004
Cash and Non-Interest-Bearing Accounts$1,042,526$1,088,489▲ $45,963
Land, Buildings, and Equipment, Net$193,145$822,593▲ $629,448
Accounts Receivable$13,030--
Pledges and Grants Receivable$158,343$8,851▼ $149,492
Total Assets$3,788,798$4,821,111▲ $1,032,313
Other Assets Total$291,481$383,901▲ $92,420
Liabilities
Other Liabilities$4,452,778$2,853,459▼ $1,599,319
Deferred Revenue$420,284$2,729,484▲ $2,309,200
Accounts Payable and Accrued Expenses$308,564$1,086,101▲ $777,537
Total Liabilities$5,181,626$6,669,044▲ $1,487,418
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,392,828$-1,847,933▼ $455,105
Total Net Assets Fund Balance$-1,392,828$-1,847,933▼ $455,105
Total Liabilities and Net Assets / Fund Balance$3,788,798$4,821,111▲ $1,032,313

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$654,082$397,149$1,051,231
Leasehold Improvements$158,077$134,529$292,606
Other Land Buildings$10,434$15,651$26,085
Other Assets Org$383,901--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kristen H Elliot-thomasEmployeeFT$103,325$103,325

Board Members and Trustees

NameTitle
Suzanne VarleyPresident
Beth BoyetteDirector
Robert ConnorsDirector
Ryan DavisDirector
Susan SohleberDirector
Jeffrey a Foster CPAFiscal Officer
Stephanie AtayaFiscal Officer

Highest Paid Contractors

ContractorServicesLocationCompensation
Saint Richard ChurchRental Services26855 LORAIN RD, North Olmstead, OH 44070$212,155
Revenue and Support

Revenue Composition

Contributions and Grants
$4,304,480
Program Service Revenue
$0
Investment Income
$29
Other Revenue
$30,181
Change in Net Assets
$-455,105

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,334,690
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,334,690
Total Revenue per Form 990
$4,334,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,314,505
Other Expenses$1,475,290
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,556,673--$2,556,673
Fees for Services Management$888,189--$888,189
Pension Plan Contributions$757,832--$757,832
Depreciation Depletion-$421,783-$421,783
Office Expenses-$129,843-$129,843
Interest-$35,475-$35,475
Total Functional Expenses$4,202,694$587,101$0$4,789,795

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,789,795
Total Expenses per Audited Statements$4,789,795
Total Expenses per Form 990$4,789,795
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$2,851,059
Intergovernmental Payable$2,400
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 A, Line 8B

There are no committees that may act on behalf of the full board of directors.

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

A copy of the form 990 is provided to the governing board for review prior to filing with the internal revenue service. The fiscal officer presents the form 990 for discussion at a board meeting prior to filing.

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

The school maintains a written conflict of interest policy and the governing board, directors and any other key employees are required annually to disclose any interests that could give rise to conflicts. Compliance with the policy is required annually.

Form 990, Part VI, Section C, Line 19

Upon written or verbal request, documents are made available to the public. However, for the end of the year, a public notice is placed in the local papers stating that unaudited financials are available for review.

Filing and Contact Details

Filer

Filer Name
Aealas of Ohio Inc
EIN
47-4186077
Phone
4404714982
Address
3550 CROCKER ROAD, WESTLAKE, OH 44145
Doing Business As
Albert Einstein Academy

Signing Officer

Name
Jeffrey a Foster CPA
Title
Fiscal Officer
Phone
4404714982
Signed
2023-04-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Ataya
Formed
2014
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
66
Volunteers
0

Preparer

Firm
Marcum Llp
Address
3320 WEST MARKET STREET STE 300, FAIRLAWN, OH 44333
Preparer
Jeffrey a Foster CPA
Phone
3305648500
Raw XML Appendix398 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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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02851059
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INTERGOVERNMENTAL PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04334690
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0822593
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0383901
IRS990ScheduleD/TotalExpensesPerForm990Amt04789795
IRS990ScheduleD/TotalLiabilityAmt02853459
IRS990ScheduleD/TotalRevenuePerForm990Amt04334690
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04334690
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04789795
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0A STATEMENT READING "ALL EDUCATIONAL PROGRAMS ARE AVAILABLE WITHOUT REGARD TO RACE, COLOR, NATIONAL ORIGIN, SEX OR DISABILITY" IS ALWAYS INCLUDED. THIS STATEMENT IS PUBLISHED IN THE PARENT/STUDENT HANDBOOK, BOARD POLICY BOOK AND ON THE WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT PROVIDE SCHOLARSHIPS OR FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL PARTICIPATES IN THE STATE FOUNDATION PROGRAM. REVENUES RECEIVED FROM THIS PROGRAM ARE RECOGNIZED AS OPERATING REVENUES IN THE ACCOUNTING PERIOD IN WHICH ALL ELIGIBILITY REQUIREMENTS HAVE BEEN MET. THE SCHOOL ALSO PARTICIPATES IN THE FEDERAL CHARTER SCHOOL GRANT PROGRAM THROUGH THE OHIO DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES THAT MAY ACT ON BEHALF OF THE FULL BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BOARD FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. THE FISCAL OFFICER PRESENTS THE FORM 990 FOR DISCUSSION AT A BOARD MEETING PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY AND THE GOVERNING BOARD, DIRECTORS AND ANY OTHER KEY EMPLOYEES ARE REQUIRED ANNUALLY TO DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. COMPLIANCE WITH THE POLICY IS REQUIRED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON WRITTEN OR VERBAL REQUEST, DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. HOWEVER, FOR THE END OF THE YEAR, A PUBLIC NOTICE IS PLACED IN THE LOCAL PAPERS STATING THAT UNAUDITED FINANCIALS ARE AVAILABLE FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
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
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03788798
IRS990/TotalAssetsEOYAmt04821111
IRS990/TotalAssetsGrp/BOYAmt03788798
IRS990/TotalAssetsGrp/EOYAmt04821111
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04304480
IRS990/TotalEmployeeCnt066
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0587101
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04202694
IRS990/TotalFunctionalExpensesGrp/TotalAmt04789795
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05181626
IRS990/TotalLiabilitiesEOYAmt06669044
IRS990/TotalLiabilitiesGrp/BOYAmt05181626
IRS990/TotalLiabilitiesGrp/EOYAmt06669044
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1392828
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1847933
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04202694
IRS990/TotalReportableCompFromOrgAmt0103325
IRS990/TotalRevenueGrp/ExclusionAmt030210
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04334690
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03788798
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04821111
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03550 CROCKER ROAD
IRS990/USAddress/CityNm0WESTLAKE
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044145
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0AEAOHIO.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY A FOSTER CPA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FISCAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum04404714982
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AEALAS OF OHIO INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA ALBERT EINSTEIN ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0AEAL
ReturnHeader/Filer/EIN0474186077
ReturnHeader/Filer/PhoneNum04404714982
ReturnHeader/Filer/USAddress/AddressLine1Txt03550 CROCKER ROAD
ReturnHeader/Filer/USAddress/CityNm0WESTLAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044145
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0111986323
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARCUM LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03320 WEST MARKET STREET STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FAIRLAWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044333
ReturnHeader/PreparerPersonGrp/PhoneNum03305648500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY A FOSTER CPA
ReturnHeader/ReturnTs02023-05-15T15:12:28-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEFFREY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FOSTER CPA
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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