Civic Intelligence

Innovative Learning Inc

EIN 52-1173307 • 501(c)3 • Annapolis, MD

Profile

To keep the Harbour School a safe place where children with learning disabilities become successful learners.

1277 Green Holly DriveAnnapolis, MD 21409

www.harbourschool.org

Siviq Scores

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

Liabilities / Assets

69th percentile

0.39x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.50x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

49th percentile

4.1%

Higher net margin than 49% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

33rd percentile

$122,885

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

92nd percentile

51%

Faster asset growth than 92% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

58th percentile

10%

Faster revenue growth than 58% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$23,024,063

Up $291,830 (+1.3%) from 2024

Liabilities

Down

$6,706,032

Down $956,473 (-12%) from 2024

Net Assets

Up

$16,318,031

Up $1,248,303 (+8.3%) from 2024

Revenue

Up

$19,489,904

Up $862,998 (+4.6%) from 2024

Expenses

Up

$18,672,358

Up $1,079,985 (+6.1%) from 2024

Net Income

Down

$817,546

Down $216,987 (-21%) from 2024

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $7,440,244Liabilities 2011: $1,163,950Net Assets 2011: $6,276,2942011Assets 2012: $7,500,655Liabilities 2012: $1,106,881Net Assets 2012: $6,393,7742012Assets 2013: $7,286,921Liabilities 2013: $737,219Net Assets 2013: $6,549,7022013Assets 2014: $8,269,778Liabilities 2014: $773,259Net Assets 2014: $7,496,5192014Assets 2015: $9,030,945Liabilities 2015: $1,003,174Net Assets 2015: $8,027,7712015Assets 2016: $9,311,068Liabilities 2016: $869,059Net Assets 2016: $8,442,0092016Assets 2018: $10,687,870Liabilities 2018: $472,208Net Assets 2018: $10,215,6622018Assets 2019: $11,519,491Liabilities 2019: $1,630,429Net Assets 2019: $9,889,0622019Assets 2020: $12,734,453Liabilities 2020: $1,721,323Net Assets 2020: $11,013,1302020Assets 2021: $14,623,081Liabilities 2021: $1,793,522Net Assets 2021: $12,829,5592021Assets 2022: $14,693,405Liabilities 2022: $1,950,702Net Assets 2022: $12,742,7032022Assets 2023: $22,143,679Liabilities 2023: $8,659,728Net Assets 2023: $13,483,9512023Assets 2024: $22,732,233Liabilities 2024: $7,662,505Net Assets 2024: $15,069,7282024Assets 2025: $23,024,063Liabilities 2025: $6,706,032Net Assets 2025: $16,318,0312025

Highlighted filing

2025

Assets$23,024,063
Liabilities$6,706,032
Net Assets$16,318,031

Operations Trend

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

$20M$15M$10M$5.0M$0Revenue 2011: $9,467,580Expenses 2011: $9,229,101Net Income 2011: $238,4792011Expenses 2012: $9,324,1822012Expenses 2013: $9,323,1392013Revenue 2014: $11,331,745Expenses 2014: $10,480,278Net Income 2014: $851,4672014Revenue 2015: $12,659,297Expenses 2015: $12,107,199Net Income 2015: $552,0982015Revenue 2016: $12,813,986Expenses 2016: $12,397,048Net Income 2016: $416,9382016Revenue 2018: $14,269,869Expenses 2018: $13,225,074Net Income 2018: $1,044,7952018Revenue 2019: $14,515,758Expenses 2019: $13,943,866Net Income 2019: $571,8922019Revenue 2020: $15,035,877Expenses 2020: $13,989,938Net Income 2020: $1,045,9392020Revenue 2021: $15,553,956Expenses 2021: $14,202,051Net Income 2021: $1,351,9052021Revenue 2022: $15,755,864Expenses 2022: $15,580,306Net Income 2022: $175,5582022Revenue 2023: $17,407,342Expenses 2023: $16,695,933Net Income 2023: $711,4092023Revenue 2024: $18,626,906Expenses 2024: $17,592,373Net Income 2024: $1,034,5332024Revenue 2025: $19,489,904Expenses 2025: $18,672,358Net Income 2025: $817,5462025

Highlighted filing

2025

Revenue$19,489,904
Expenses$18,672,358
Net Income$817,546

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$23.0$6.71$16.3$19.5$18.7$0.82
2024Detailed filing. Detailed filing data is available for this year.$22.7$7.66$15.1$18.6$17.6$1.03
2023Detailed filing. Detailed filing data is available for this year.$22.1$8.66$13.5$17.4$16.7$0.71
2022Detailed filing. Detailed filing data is available for this year.$14.7$1.95$12.7$15.8$15.6$0.18
2021Detailed filing. Detailed filing data is available for this year.$14.6$1.79$12.8$15.6$14.2$1.35
2020Detailed filing. Detailed filing data is available for this year.$12.7$1.72$11.0$15.0$14.0$1.05
2019Detailed filing. Detailed filing data is available for this year.$11.5$1.63$9.89$14.5$13.9$0.57
2018Detailed filing. Detailed filing data is available for this year.$10.7$0.47$10.2$14.3$13.2$1.04
2016Detailed filing. Detailed filing data is available for this year.$9.31$0.87$8.44$12.8$12.4$0.42
2015Detailed filing. Detailed filing data is available for this year.$9.03$1.00$8.03$12.7$12.1$0.55
2014Detailed filing. Detailed filing data is available for this year.$8.27$0.77$7.50$11.3$10.5$0.85
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.29$0.74$6.55$9.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.50$1.11$6.39$9.32
2011Summary only. Only limited summary data is available for this year.$7.44$1.16$6.28$9.47$9.23$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 23, 2026
Return Version
2024v5.2
Gross Receipts
$20,078,153
Mission and Program Overview

Mission

Our purpose is to keep the harbour school a safe place where children with learning disabilities become successful learners.

To keep the Harbour School a safe place where children with learning disabilities become successful learners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,605,837$10,495,974▲ $890,137
Land, Buildings, and Equipment, Net$2,643,273$3,805,080▲ $1,161,807
Accounts Receivable$1,461,863$2,716,756▲ $1,254,893
Cash and Non-Interest-Bearing Accounts$2,593,427$868,750▼ $1,724,677
Prepaid Expenses and Deferred Charges$156,827$150,964▼ $5,863
Receivable From Disqualified Prsn$77,412$44,906▼ $32,506
Total Assets$22,732,233$23,024,063▲ $291,830
Other Assets Total$6,193,594$4,941,633▼ $1,251,961
Liabilities
Other Liabilities$6,548,800$5,217,719▼ $1,331,081
Accounts Payable and Accrued Expenses$761,105$1,077,619▲ $316,514
Deferred Revenue$352,600$410,694▲ $58,094
Total Liabilities$7,662,505$6,706,032▼ $956,473
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,014,758$16,256,081▲ $1,241,323
Net Assets With Donor Restrictions$54,970$61,950▲ $6,980
Total Net Assets Fund Balance$15,069,728$16,318,031▲ $1,248,303
Total Liabilities and Net Assets / Fund Balance$22,732,233$23,024,063▲ $291,830

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,554,382$699,748$4,254,130
Equipment$250,698$2,322,375$2,573,073
Other Assets Org$754,820--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Martha D SchneiderVice PresidentFT$131,070$28,114$159,184
Linda JacobsPresident and Executive DirectorFT$90,797$23,753$114,550

Board Members and Trustees

NameTitle
Jill BerieBoard Member
Kathleen FitchBoard Member
Renee CatlinBoard Member
Robin VaughnBoard Member
Sandra LiottaBoard Member
Sen Shelly HettlemanBoard Member
Yvonne B CallawaySecretaryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$843,751
Program Service Revenue
$18,260,425
Investment Income
$377,030
Other Revenue
$8,698
All Other Contributions
$843,751
Change in Net Assets
$817,546

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,442,899
Revenue Not Reported on Financial Statements
$47,005
Revenue Not Reported on Form 990
$430,757
Total Revenue per Audited Statements
$19,873,656
Total Revenue per Form 990
$19,489,904
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$15,439,089
Other Expenses$3,233,269
Total Fundraising Expense$830,794
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,301,343$1,560,532$571,677$11,433,552
Other Employee Benefits$1,822,868$305,831$112,037$2,240,736
Occupancy$1,551,155$355,582-$1,906,737
Payroll Taxes$761,468$127,755$46,802$936,025
Pension Plan Contributions$493,728$82,836$30,345$606,909
Office Expenses$494,322$98,769-$593,091
Depreciation Depletion$224,403$51,441-$275,844
Current Officers, Directors, Trustees, and Key Employees$180,492$30,282$11,093$221,867
Conferences and Meetings$40,385-$50,417$90,802
Travel$69,968--$69,968
Advertising-$60,021-$60,021
Other Expenses-$45,581$8,423$54,004
Fees for Services Other$25,763$23,532-$49,295
Fees for Services Accounting-$48,870-$48,870
Fees for Service Investment Mgmnt Fees-$47,005-$47,005
Fees for Services Legal-$13,599-$13,599
Total Functional Expenses$14,965,895$2,875,669$830,794$18,672,358

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$18,672,358
Expenses per Audited Statements$18,625,353
Total Expenses per Audited Statements$18,625,353
Expenses Not Reported on Financial Statements$47,005
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$77,412$44,906▼ $32,506
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$5,217,719
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The Executive Director reviews the Form 990 pior to signature and filing.

CEO executive director top management comp Part VI line 15A

The Executive Directors salary is approved annually by the Maryland State Department of Education.

Governing documents etc available to public Part VI line 19

All documents required to be available for public inspection are provided upon written request to the Organization.

Filing and Contact Details

Filer

Filer Name
Innovative Learning Inc
EIN
52-1173307
In Care Of
% Linda Jacobs
Phone
4109744248
Address
1277 Green Holly Drive, Annapolis, MD 21409

Signing Officer

Name
Linda Jacobs
Title
President and Executive Director
Phone
4109744248
Signed
2026-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Jacobs
Formed
1979
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
7
Employees
234
Volunteers
7

Preparer

Firm
Mullins PC
Address
7625 Wisconsin Avenue, Bethesda, MD 20814
Preparer
John Mullins
Phone
2027706371
Supplemental Narrative

Financial Statement Notes

Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)

The School follows the Financial Accounting Standards Board Accounting Standards Codification (FASB ASC), which provides guidance on accounting for uncertainty in income taxes recognized in Schools financial statements. At fiscal year-end, The School had no unrecognized tax benefits related to uncertain tax positions in its tax return that would qualify for either recognition or disclosure in its financial statements.The Schools policy would be to recognize interest and penalties on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements. Through the fiscal year-end, there have been no matters that would have resulted in an accrual for interest and/or penalties.

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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To keep the Harbour School a safe place where children with learning disabilities become successful learners.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/PrincipalOfficerNm0Linda Jacobs
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1147194
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1147194
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt018260425
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt02322375
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02573073
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt047005
IRS990ScheduleD/ExpensesSubtotalAmt018625353
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/InvestmentExpensesNotIncldAmt047005
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03554382
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IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04254130
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0430757
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14174313
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2754820
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Right of Use Asset
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Due from Affiliates
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05217719
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Lease Liability
IRS990ScheduleD/RevenueNotReportedAmt0430757
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt047005
IRS990ScheduleD/RevenueSubtotalAmt019442899
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The School follows the Financial Accounting Standards Board Accounting Standards Codification (FASB ASC), which provides guidance on accounting for uncertainty in income taxes recognized in Schools financial statements. At fiscal year-end, The School had no unrecognized tax benefits related to uncertain tax positions in its tax return that would qualify for either recognition or disclosure in its financial statements.The Schools policy would be to recognize interest and penalties on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements. Through the fiscal year-end, there have been no matters that would have resulted in an accrual for interest and/or penalties.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
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IRS990ScheduleE/MaintainCpyOfAllSolInd0true
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IRS990ScheduleE/MaintainScholarshipsRecsInd0true
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IRS990ScheduleJ/EquityBasedCompArrngmInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt012655
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Martha D Schneider
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0159184
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt044906
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Other
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IRS990ScheduleL/TotalBalanceDueAmt044906
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Executive Director reviews the Form 990 pior to signature and filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Executive Directors salary is approved annually by the Maryland State Department of Education.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All documents required to be available for public inspection are provided upon written request to the Organization.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false

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