Civic Intelligence

Center for Inspired Teaching

990 • Fiscal year 2018 • EIN 52-1944180

Sep 01, 2017 to Aug 31, 2018 • Filed on Jul 25, 2019

5614 Connecticut Avenue No 258Washington, DC 20015

(202) 822-8081

Siviq Scores

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

Liabilities / Assets

57th percentile

0.14x

Higher debt load relative to assets than 57% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

39th percentile

0.05x

Higher debt load relative to revenue than 39% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

8th percentile

-40%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

57th percentile

$78,079

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

2nd percentile

-50%

Faster asset growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

13th percentile

-22%

Faster revenue growth than 13% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$690,061

Down $694,199 (-50%) from 2017

Net Assets

Down

$595,815

Down $708,174 (-54%) from 2017

Liabilities

Up

$94,246

Up $13,975 (+17%) from 2017

Revenue

Down

$1,749,926

Down $500,004 (-22%) from 2017

Expenses

Up

$2,458,100

Up $324,789 (+15%) from 2017

Net Income

Down

-$708,174

Down $824,793 (-707%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $827,708Liabilities 2011: $268,286Net Assets 2011: $559,4222011Assets 2012: $679,197Liabilities 2012: $163,381Net Assets 2012: $515,8162012Assets 2013: $422,675Liabilities 2013: $86,846Net Assets 2013: $335,8292013Assets 2014: $1,369,980Liabilities 2014: $241,625Net Assets 2014: $1,128,3552014Assets 2015: $1,648,788Liabilities 2015: $60,508Net Assets 2015: $1,588,2802015Assets 2016: $1,282,143Liabilities 2016: $94,773Net Assets 2016: $1,187,3702016Assets 2017: $1,384,260Liabilities 2017: $80,271Net Assets 2017: $1,303,9892017Assets 2018: $690,061Liabilities 2018: $94,246Net Assets 2018: $595,8152018Assets 2019: $281,182Liabilities 2019: $41,852Net Assets 2019: $239,3302019Assets 2020: $329,635Liabilities 2020: $19,182Net Assets 2020: $310,4532020Assets 2021: $337,216Liabilities 2021: $21,686Net Assets 2021: $315,5302021Assets 2022: $334,706Liabilities 2022: $21,737Net Assets 2022: $312,9692022Assets 2023: $314,811Liabilities 2023: $31,378Net Assets 2023: $283,4332023Assets 2025: $302,824Liabilities 2025: $14,834Net Assets 2025: $287,9902025

Highlighted filing

2018

Assets$690,061
Liabilities$94,246
Net Assets$595,815

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,603,1562011Expenses 2012: $1,641,7812012Expenses 2013: $1,426,2052013Revenue 2014: $2,079,288Expenses 2014: $1,286,762Net Income 2014: $792,5262014Revenue 2015: $2,699,275Expenses 2015: $2,239,350Net Income 2015: $459,9252015Revenue 2016: $1,752,396Expenses 2016: $2,156,307Net Income 2016: -$403,9112016Revenue 2017: $2,249,930Expenses 2017: $2,133,311Net Income 2017: $116,6192017Revenue 2018: $1,749,926Expenses 2018: $2,458,100Net Income 2018: -$708,1742018Revenue 2019: $809,680Expenses 2019: $1,162,065Net Income 2019: -$352,3852019Revenue 2020: $364,234Expenses 2020: $293,096Net Income 2020: $71,1382020Revenue 2021: $329,713Expenses 2021: $327,582Net Income 2021: $2,1312021Revenue 2022: $383,460Expenses 2022: $386,021Net Income 2022: -$2,5612022Revenue 2023: $434,202Expenses 2023: $463,738Net Income 2023: -$29,5362023Revenue 2025: $560,818Expenses 2025: $558,314Net Income 2025: $2,5042025

Highlighted filing

2018

Revenue$1,749,926
Expenses$2,458,100
Net Income-$708,174
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jul 25, 2019
Return Version
2017v2.3
Gross Receipts
$1,749,926
Mission and Program Overview

Mission

Transforming education through innovative teacher training

Transforming education through innovative teacher training.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$375,208$324,057▼ $51,151
Savings and Temporary Cash Investments$824,305$202,782▼ $621,523
Pledges and Grants Receivable$110,501$96,127▼ $14,374
Land, Buildings, and Equipment, Net$53,126$56,750▲ $3,624
Prepaid Expenses and Deferred Charges$15,909$5,088▼ $10,821
Cash and Non-Interest-Bearing Accounts$7$53▲ $46
Total Assets$1,384,260$690,061▼ $694,199
Other Assets Total$5,204$5,204→ $0
Liabilities
Other Liabilities$41,440$55,000▲ $13,560
Deferred Revenue$29,200$22,400▼ $6,800
Accounts Payable and Accrued Expenses$9,631$16,846▲ $7,215
Total Liabilities$80,271$94,246▲ $13,975
Net Assets / Fund Balance
Temporarily Rstr Net Assets$455,666$455,666→ $0
Unrestricted Net Assets$848,323$140,149▼ $708,174
Total Net Assets Fund Balance$1,303,989$595,815▼ $708,174
Total Liabilities and Net Assets / Fund Balance$1,384,260$690,061▼ $694,199

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$49,015$42,892$91,907
Equipment$7,735$42,394$50,129
Buildings-$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jane Dimyan-ehrenfeldExective Director (former)FT$74,889$3,190$78,079
Aleta MargolisFounder and PresidentFT$25,167$1,526$26,693

Board Members and Trustees

NameTitle
Shelley N FidlerChair
Joy ZabenDirector
Kathyrn WolfeDirector
Maria Laura AcebalDirector
Shanika HopeDirector
Tai DixonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,096,606
Program Service Revenue
$650,495
Investment Income
$231
Other Revenue
$2,594
All Other Contributions
$869,718
Change in Net Assets
$-708,174

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$60,522Hourly Billing Rates
Total Noncash Contributions1$60,522-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,749,926
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$60,552
Total Revenue per Audited Statements
$1,810,478
Total Revenue per Form 990
$1,749,926
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,480,079
Other Expenses$978,021
Total Fundraising Expense$45,646
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,187,582$15,989$15,989$1,219,560
Payroll Taxes$98,437$2,336$2,336$103,109
Occupancy$70,578$8,819$8,792$88,189
Other Employee Benefits$70,986$1,391$1,391$73,768
Office Expenses$20,181$19,714$10,256$50,151
Current Officers, Directors, Trustees, and Key Employees$45,090-$5,010$50,100
Other Expenses$35,859--$35,859
Pension Plan Contributions$32,022$760$760$33,542
Travel$21,940--$21,940
Insurance$12,458--$12,458
Depreciation Depletion$8,897$1,112$1,112$11,121
Fees for Services Accounting-$9,355-$9,355
Information Technology$8,042--$8,042
Total Functional Expenses$2,352,978$59,476$45,646$2,458,100

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,518,652
Expenses per Audited Statements$2,458,100
Total Expenses per Form 990$2,458,100
Expenses Not Reported on Form 990$60,552
Expenses Not Reported on Financial Statements$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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Aleta Margolisfounder and PresidenBoard Member of Inspired Teaching Demonstration Public Charter SchoolRevenue Received for Services Performed for the Fiscal Year Ended August 31, 2018No$220,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation Payable$32,819
Flexible Spending Payable$11,521
Pension Plan Payable$10,660
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 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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

PART VI: GOVERNANCE, MANAGEMENT AND DISCLOSURE

The founder and president, chief finanical officer, and board members review a draft copy of the audited financial statemetns before the audited is finalized.

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

A draft copy of form 990 is reviewed by the founder and president, chief financial officer, and the board of directors before the tax return is finalized. After the final review, the tax return is submitted to the founder for signature.

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

Members of the board review the organization's conflict of interest policy when they believe they may have an area in which a conflict may arise.

Form 990, Part VI, Section B, Line 15

The board of directors and staff regularly review salary comparability surveys in making salary decisions.

Form 990, Part VI, Section C, Line 19

The organization, upon written request will make their governing documents, conflict of interest policy and financial statements available to the general public. Additionally, the organization provides current year form 990 and audited financial statements to guidestar.

Filing and Contact Details

Filer

Filer Name
Center for Inspired Teaching
EIN
52-1944180
Phone
2028228081
Address
5614 CONNECTICUT AVENUE NO 258, WASHINGTON, DC 20015

Signing Officer

Name
Aleta Margolis
Title
Founder and President
Phone
2028228081
Signed
2019-07-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aleta Margolis
Formed
1995
Legal Domicile
Dc
Voting Board Members
8
Independent Board Members
8
Employees
18
Volunteers
0

Preparer

Firm
Osterman Pollack & Moses LLC
Address
7315 WISCONSIN AVENUE SUITE 850-W, BETHESDA, MD 20814
Preparer
Jerry F Gross
Phone
3016528590
Supplemental Narrative

Additional Explanations

PART XII: FINANCIAL STATEMENTS AND REPORTING

There has been no change in the finanical statement oversight process from the prior year ending august 31, 2016.

Financial Statement Notes

PART X, LINE 2:

Inspired teaching evaluates uncertain tax positions in accordance with existing generally accepted accounting principles and makes such accruals and disclosures as might be required. There were no uncertain tax positions as of august 31, 2018

Raw XML AppendixShowing 400 of 462 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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IRS990/Desc0PROFESSIONAL DEVELOPMENT:INSPIRED TEACHING PROVIDES TEACHERS WITH NEW SKILLS TO HELP BUILD STUDENT ACHIEVEMENT IN CREATIVE AND EFFECTIVE WAYS. INSPIRED TEACHING ENGAGES TEACHERS IN A DEEP ANALYSIS OF THEIR CURRENT INSTRUCTIONAL STRATEGIES AND PROVIDES TRAINING IN THE SKILLS THAT ARE THE FOUNDATION OF ALL TEACHING AND LEARNING. TEACHERS LEARN TO COMMUNICATE SUBJECT MATTER EFFECTIVELY WHILE OBSERVING, LISTENING, AND ASKING QUESTIONS DESIGNED TO SPARK STUDENTS' INTELLECTUAL CURIOSITY. PROGRAMS INCLUDE (1) INSPIRED TEACHING PROFESSIONAL DEVELOPMENT ACADEMY, INTERACTIVE PROFESSIONAL DEVELOPMENT FOR TEACHERS AT ALL STAGES OF THEIR TEACHING CAREERS; REAL WORLD HISTORY, A PROGRAM THAT COMBINES ACADEMIC COURSEWORK WITH INTERNSHIPS AT HISTORIC SITES, AND IS THE ONLY CREDIT-BEARING COURSE AVAILABLE TO ALL PUBLIC AND CHARTER SCHOOL STUDENTS IN WASHINGTON, DC; AND SPEAK TRUTH, A PROGRAM THAT BRINGS TOGETHER HIGH SCHOOL STUDENTS FROM PUBLIC, CHARTER, AND PRIVATE SCHOOLS TO ENGAGE IN STUDENT-LED CIVIC DISCOURSE ABOUT CONTEMPORARY SOCIAL ISSUES - BY STUDENTS, FOR STUDENTS
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IRS990/OtherExpensesGrp/TotalAmt1218423
IRS990/OtherExpensesGrp/TotalAmt2181675
IRS990/OtherExpensesGrp/TotalAmt335859
IRS990/OtherLiabilitiesGrp/BOYAmt041440
IRS990/OtherLiabilitiesGrp/EOYAmt055000
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0REIMBURSEMENTS(TEACHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02594
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02594
IRS990/OtherRevenueTotalAmt02594
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt015989
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt015989
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01187582
IRS990/OtherSalariesAndWagesGrp/TotalAmt01219560
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02336
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02336
IRS990/PayrollTaxesGrp/ProgramServicesAmt098437
IRS990/PayrollTaxesGrp/TotalAmt0103109
IRS990/PensionPlanContributionsGrp/FundraisingAmt0760
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0760
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt032022
IRS990/PensionPlanContributionsGrp/TotalAmt033542
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0110501
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt096127
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015909
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05088
IRS990/PrincipalOfficerNm0ALETA MARGOLIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0TEACHER RESIDENCY
IRS990/ProgramServiceRevenueGrp/Desc1PROF. DEV. ACADEMY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0556535
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt193960
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0556535
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt193960
IRS990/ProgSrvcAccomActy2Grp/Desc0TEACHER CERTIFICATION PROGRAM: INSPIRED TEACHING OFFERS A 24-MONTH STATE APPROVED TEACHER CERTIFICATION PROGRAM THAT RECRUITS, SELECTS, TRAINS, AND SUPPORTS HIGHLY-QUALIFIED INDIVIDUALS TO BECOME TEACHERS IN THE DISTRICT OF COLUMBIA. THIS PROGRAM PREPARES EDUCATORS IN EARLY CHILDHOOD AND ELEMENTARY EDUCATION THROUGH A RESIDENCY MODEL THAT INCLUDES COURSEWORK, CLASSROOM EXPERIENCE, AND ONE-ON-ONE MENTORING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0978248
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0653089
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01436914
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0122
IRS990/PYOtherExpensesAmt0878341
IRS990/PYOtherRevenueAmt04455
IRS990/PYProgramServiceRevenueAmt0808439
IRS990/PYRevenuesLessExpensesAmt0116619
IRS990/PYSalariesCompEmpBnftPaidAmt01254970
IRS990/PYTotalExpensesAmt02133311
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02249930
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-708174
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01096837
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0824305
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0202782
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01096606
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01436914
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0612241
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0723846
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01218995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05088602
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0231
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0122
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0970
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02099
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt079
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03501
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02594
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04455
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02601
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09650
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74580
IRS990ScheduleA/PublicSupportPY170Pct00.71110
IRS990ScheduleA/PublicSupportTotal170Amt03805044
IRS990ScheduleA/SubstantialContributorsTotAmt01283558
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01096606
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01436914
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0612241
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0723846
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01218995
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05088602
IRS990ScheduleA/TotalSupportAmt05101753
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt060552
IRS990ScheduleD/DonatedServicesUseFcltsAmt060552
IRS990ScheduleD/EquipmentGrp/BookValueAmt07735
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042394
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt050129
IRS990ScheduleD/ExpensesNotReportedAmt060552
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02458100
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt049015
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt042892
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt091907
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010660
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111521
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt232819
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PENSION PLAN PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FLEXIBLE SPENDING PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED VACATION PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt060552
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01749926
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INSPIRED TEACHING EVALUATES UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH EXISTING GENERALLY ACCEPTED ACCOUNTING PRINCIPLES AND MAKES SUCH ACCRUALS AND DISCLOSURES AS MIGHT BE REQUIRED. THERE WERE NO UNCERTAIN TAX POSITIONS AS OF AUGUST 31, 2018
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt056750
IRS990ScheduleD/TotalExpensesPerForm990Amt02458100
IRS990ScheduleD/TotalLiabilityAmt055000
IRS990ScheduleD/TotalRevenuePerForm990Amt01749926
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01810478
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02518652
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0ALETA MARGOLISFOUNDER AND PRESIDEN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER OF INSPIRED TEACHING DEMONSTRATION PUBLIC CHARTER SCHOOL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0220000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0REVENUE RECEIVED FOR SERVICES PERFORMED FOR THE FISCAL YEAR ENDED AUGUST 31, 2018
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0LEGAL SERVICES
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0HOURLY BILLING RATES
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt060522
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDER AND PRESIDENT, CHIEF FINANICAL OFFICER, AND BOARD MEMBERS REVIEW A DRAFT COPY OF THE AUDITED FINANCIAL STATEMETNS BEFORE THE AUDITED IS FINALIZED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT COPY OF FORM 990 IS REVIEWED BY THE FOUNDER AND PRESIDENT, CHIEF FINANCIAL OFFICER, AND THE BOARD OF DIRECTORS BEFORE THE TAX RETURN IS FINALIZED. AFTER THE FINAL REVIEW, THE TAX RETURN IS SUBMITTED TO THE FOUNDER FOR SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE BOARD REVIEW THE ORGANIZATION'S CONFLICT OF INTEREST POLICY WHEN THEY BELIEVE THEY MAY HAVE AN AREA IN WHICH A CONFLICT MAY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS AND STAFF REGULARLY REVIEW SALARY COMPARABILITY SURVEYS IN MAKING SALARY DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION, UPON WRITTEN REQUEST WILL MAKE THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. ADDITIONALLY, THE ORGANIZATION PROVIDES CURRENT YEAR FORM 990 AND AUDITED FINANCIAL STATEMENTS TO GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE HAS BEEN NO CHANGE IN THE FINANICAL STATEMENT OVERSIGHT PROCESS FROM THE PRIOR YEAR ENDING AUGUST 31, 2016.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI: GOVERNANCE, MANAGEMENT AND DISCLOSURE
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 B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII: FINANCIAL STATEMENTS AND REPORTING
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0455666
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0455666
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01384260
IRS990/TotalAssetsEOYAmt0690061
IRS990/TotalAssetsGrp/BOYAmt01384260
IRS990/TotalAssetsGrp/EOYAmt0690061
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01096606
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt045646
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059476
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02352978
IRS990/TotalFunctionalExpensesGrp/TotalAmt02458100
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt080271
IRS990/TotalLiabilitiesEOYAmt094246
IRS990/TotalLiabilitiesGrp/BOYAmt080271
IRS990/TotalLiabilitiesGrp/EOYAmt094246
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01303989
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0595815

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.01$0.29$0.56$0.56$0.00
2023Summary only. Only limited summary data is available for this year.$0.31$0.03$0.28$0.43$0.46$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.02$0.31$0.38$0.39$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.02$0.32$0.33$0.33$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.02$0.31$0.36$0.29$0.07
2019Summary only. Only limited summary data is available for this year.$0.28$0.04$0.24$0.81$1.16$0.35
2018Detailed filing. Detailed filing data is available for this year.$0.69$0.09$0.60$1.75$2.46$0.71
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$0.08$1.30$2.25$2.13$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.28$0.09$1.19$1.75$2.16$0.40
2015Detailed filing. Detailed filing data is available for this year.$1.65$0.06$1.59$2.70$2.24$0.46
2014Detailed filing. Detailed filing data is available for this year.$1.37$0.24$1.13$2.08$1.29$0.79
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.09$0.34$1.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.16$0.52$1.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.27$0.56$1.60