Civic Intelligence

Friends of Otwell Elementary Ltd.

990PF • Fiscal year 2022 • EIN 47-5295088

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

9958 E Cr 150 NOtwell, IN 47564-0004

(812) 789-3073

Siviq Scores

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

Liabilities / Assets

80th percentile

0.29x

Higher debt load relative to assets than 80% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

73rd percentile

0.23x

Higher debt load relative to revenue than 73% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Source year 2022

Net Margin

63rd percentile

15%

Higher net margin than 63% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2022 filings • $1M-$5M nonprofits • Source year 2022

Asset Growth

77th percentile

14%

Faster asset growth than 77% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

67th percentile

19%

Faster revenue growth than 67% of similar nonprofits.

2022 filings • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,220,669

Up $150,885 (+14%) from 2021

Net Assets

Up

$869,935

Up $220,450 (+34%) from 2021

Liabilities

Down

$350,734

Down $69,565 (-17%) from 2021

Revenue

Up

$1,518,636

Up $237,195 (+19%) from 2021

Expenses

Up

$1,298,186

Up $56,462 (+4.5%) from 2021

Net Income

Up

$220,450

Up $180,733 (+455%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2015: $5,918Liabilities 2015: $02015Assets 2016: $42,541Liabilities 2016: $490Net Assets 2016: $42,0512016Assets 2017: $1,037,871Liabilities 2017: $847,698Net Assets 2017: $190,1732017Assets 2018: $1,084,397Liabilities 2018: $833,528Net Assets 2018: $250,8692018Assets 2019: $1,013,119Liabilities 2019: $729,988Net Assets 2019: $283,1312019Assets 2020: $1,124,900Liabilities 2020: $515,132Net Assets 2020: $609,7682020Assets 2021: $1,069,784Liabilities 2021: $420,299Net Assets 2021: $649,4852021Assets 2022: $1,220,669Liabilities 2022: $350,734Net Assets 2022: $869,9352022Assets 2023: $1,082,827Liabilities 2023: $13,680Net Assets 2023: $1,069,1472023Assets 2024: $1,132,215Liabilities 2024: $94,460Net Assets 2024: $1,037,7552024

Highlighted filing

2022

Assets$1,220,669
Liabilities$350,734
Net Assets$869,935

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2015: $6,290Expenses 2015: $372Net Income 2015: $5,9182015Revenue 2016: $66,507Expenses 2016: $30,374Net Income 2016: $36,1332016Revenue 2017: $519,702Expenses 2017: $352,424Net Income 2017: $167,2782017Revenue 2018: $1,006,017Expenses 2018: $883,755Net Income 2018: $122,2622018Revenue 2019: $1,320,865Expenses 2019: $1,169,166Net Income 2019: $151,6992019Revenue 2020: $1,416,580Expenses 2020: $1,089,943Net Income 2020: $326,6372020Revenue 2021: $1,281,441Expenses 2021: $1,241,724Net Income 2021: $39,7172021Revenue 2022: $1,518,636Expenses 2022: $1,298,186Net Income 2022: $220,4502022Revenue 2023: $1,547,106Expenses 2023: $1,347,894Net Income 2023: $199,2122023Revenue 2024: $1,360,368Expenses 2024: $1,391,760Net Income 2024: -$31,3922024

Highlighted filing

2022

Revenue$1,518,636
Expenses$1,298,186
Net Income$220,450
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT ATWOODPresident-$0--
CAROL ZINSVice Preside-$0--
SHERRYL OSGATHARPTreasurer-$0--
DEBRA TROUTMANSecretary-$0--
BETH HATFIELD-PETERSLegal Adviso-$0--
ROBERT ATWOODFinancial Ad-$0--
CAROL ROSE HORNECommunity Ad-$0--
Filing and Contact Details

Filer

Filer Name
Friends of Otwell Elementary Ltd
EIN
47-5295088
Phone
8127893073
Address
9958 E CR 150 N, OTWELL, IN 47564-0004

Signing Officer

Name
Sherryl Osgatharp
Title
Treasurer
Phone
8127893073
Signed
2023-11-15

Preparer

Firm
Greggs & Reid Cpas Pc
Address
PO BOX 532, SULLIVAN, IN 47882-0532
Preparer
Ashley Arroyo Ea
Phone
8122684005
Raw XML Appendix358 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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IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0SHERRYL OSGATHARP
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt09958 E CR 150 N
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0OTWELL
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0IN
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd047564
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0IN
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PhoneNum08127893073
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0true
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0OTWELLMILLERACADEMY.SCHOOL
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0THE FOUNDING AND FURTHERANCE OF OTWELL MILLER ACADEMY AND RELATED ORGANIZATIONS TO DEVELOP ALTERNATIVE EDUCATIONAL OPPORTUNITIES, IMPROVE EXISTING EDUCATIONAL STRUCTURES AND BUILD A BRIGHTER PATHWAY TO SUCCESS FOR OUR CHILDREN.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt01297942
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0N/A
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt0132103
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt1113575
LandEtcSchedule2/LandEtcGrp/BookValueAmt0769089
LandEtcSchedule2/LandEtcGrp/BookValueAmt143327
LandEtcSchedule2/LandEtcGrp/BookValueAmt215000
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt0OMA ASSETS
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt0901192
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt1156902
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt215000
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt04925
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt181
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt2336
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt3129
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt42813
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0FUNDRAISING EVENTS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1COST OF GOODS SOLD
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2DAYCARE AND PRESCHOOL
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3PAYROLL PROCESSING FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4BANK SERVICE CHARGE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5DUES & FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6SUPPLIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc7EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc8ADVERTISING
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc9DUES & SUBCRIPTIONS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc10FOOD PURCHASES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc11INSTRUCTION SERVICES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc12INSURANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc13POSTAGE & DELIVERY
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc14SUPPLIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc15TEXTBOOKS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc16VEHICLE SERV & MAINT
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc17REPAIRS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc18PAYROLL PROCESSING FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc19REFUNDS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc20MISCELLANEOUS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc21PRIOR YR DIFF
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt04925
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt181
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2336
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt3129
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt42813
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt5113
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt619857
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt780475
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt81323
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt918986
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt10379
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1153700
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1227971
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1314407
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1415801
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt152000
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt161421
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt17500
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt18241
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt06589
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt1118232
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt29592
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt350669
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt499072
OtherIncomeSchedule2/OtherIncomeDetail/Desc0TEXTBOOK
OtherIncomeSchedule2/OtherIncomeDetail/Desc1LUNCH PROGRAM
OtherIncomeSchedule2/OtherIncomeDetail/Desc2FUNDRAISING EVENTS
OtherIncomeSchedule2/OtherIncomeDetail/Desc3DAYCARE AND PRESCHOOL
OtherIncomeSchedule2/OtherIncomeDetail/Desc4RENTAL INCOME
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt06589
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt1118232
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt29592
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt350669
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt499072
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt0405250
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0LONG TERM LIABILITIES
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt0321287
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt099986
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt13639
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt21946
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt3204
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0ELEM PROF SERVICES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt1STUDENT TRANSPORT SERV
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt2PROF DEVELOPMENT
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt3OTHER
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt02561
TaxesSchedule/TaxesDetail/Amt02561
TaxesSchedule/TaxesDetail/CategoryTxt0DAYCARE AND PRESCHOOL
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SHERRYL OSGATHARP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08127893073
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRIENDS OF OTWELL ELEMENTARY LTD
ReturnHeader/Filer/BusinessNameControlTxt0FRIE
ReturnHeader/Filer/EIN0475295088
ReturnHeader/Filer/PhoneNum08127893073
ReturnHeader/Filer/USAddress/AddressLine1Txt09958 E CR 150 N
ReturnHeader/Filer/USAddress/CityNm0OTWELL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd0475640004
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202031507
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREGGS & REID CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 532
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SULLIVAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0478820532
ReturnHeader/PreparerPersonGrp/PhoneNum08122684005
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ASHLEY ARROYO EA
ReturnHeader/ReturnTs02023-11-15T14:41:28-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHERRYL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OSGATHARP
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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