Civic Intelligence

Harbour School Foundation Inc.

990 • Fiscal year 2015 • EIN 52-2045745

Jul 01, 2014 to Jun 30, 2015 • Filed on May 16, 2016

Organization ProfileN/A
1277 Green Holly DriveAnnapolis, MD 21409

(410) 974-4248

Siviq Scores

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

Liabilities / Assets

51st percentile

0.25x

Higher debt load relative to assets than 51% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

89th percentile

2.37x

Higher debt load relative to revenue than 89% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

98th percentile

91%

Higher net margin than 98% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

22nd percentile

$99,510

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

52nd percentile

1.6%

Faster asset growth than 52% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

84th percentile

28%

Faster revenue growth than 84% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$12,202,014

Up $186,739 (+1.6%) from 2014

Net Assets

Up

$9,151,937

Up $1,095,204 (+14%) from 2014

Liabilities

Down

$3,050,077

Down $908,465 (-23%) from 2014

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin98th percentile

Revenue

Up

$1,288,104

Up $279,256 (+28%) from 2014

Expenses

Down

$118,131

Down $187,414 (-61%) from 2014

Net Income

Up

$1,169,973

Up $466,670 (+66%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$30M$20M$10M$0Assets 2011: $8,971,847Liabilities 2011: $2,904,483Net Assets 2011: $6,067,3642011Assets 2012: $9,240,540Liabilities 2012: $2,600,866Net Assets 2012: $6,639,6742012Assets 2013: $9,068,336Liabilities 2013: $1,934,375Net Assets 2013: $7,133,9612013Assets 2014: $12,015,275Liabilities 2014: $3,958,542Net Assets 2014: $8,056,7332014Assets 2015: $12,202,014Liabilities 2015: $3,050,077Net Assets 2015: $9,151,9372015Assets 2016: $12,041,400Liabilities 2016: $1,790,248Net Assets 2016: $10,251,1522016Assets 2018: $14,118,319Liabilities 2018: $1,179,639Net Assets 2018: $12,938,6802018Assets 2019: $16,256,989Liabilities 2019: $975,466Net Assets 2019: $15,281,5232019Assets 2020: $17,481,304Liabilities 2020: $756,829Net Assets 2020: $16,724,4752020Assets 2021: $21,159,746Liabilities 2021: $655,078Net Assets 2021: $20,504,6682021Assets 2022: $20,608,905Liabilities 2022: $751,460Net Assets 2022: $19,857,4452022Assets 2023: $23,426,254Liabilities 2023: $776,460Net Assets 2023: $22,649,7942023Assets 2024: $26,870,520Liabilities 2024: $797,281Net Assets 2024: $26,073,2392024Assets 2025: $29,878,950Liabilities 2025: $766,819Net Assets 2025: $29,112,1312025

Highlighted filing

2015

Assets$12,202,014
Liabilities$3,050,077
Net Assets$9,151,937
Open 2015 Filing

Operations Trend

Revenue Growth84th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2011: $549,051Expenses 2011: $118,503Net Income 2011: $430,5482011Expenses 2012: $205,2932012Revenue 2013: $790,178Expenses 2013: $357,361Net Income 2013: $432,8172013Revenue 2014: $1,008,848Expenses 2014: $305,545Net Income 2014: $703,3032014Revenue 2015: $1,288,104Expenses 2015: $118,131Net Income 2015: $1,169,9732015Revenue 2016: $1,290,718Expenses 2016: $67,581Net Income 2016: $1,223,1372016Revenue 2018: $1,514,013Expenses 2018: $288,871Net Income 2018: $1,225,1422018Revenue 2019: $1,855,402Expenses 2019: $684,911Net Income 2019: $1,170,4912019Revenue 2020: $2,313,624Expenses 2020: $624,317Net Income 2020: $1,689,3072020Revenue 2021: $2,278,682Expenses 2021: $630,292Net Income 2021: $1,648,3902021Revenue 2022: $2,615,398Expenses 2022: $656,357Net Income 2022: $1,959,0412022Revenue 2023: $1,920,667Expenses 2023: $647,037Net Income 2023: $1,273,6302023Revenue 2024: $3,081,221Expenses 2024: $917,728Net Income 2024: $2,163,4932024Revenue 2025: $3,633,840Expenses 2025: $1,145,764Net Income 2025: $2,488,0762025

Highlighted filing

2015

Revenue$1,288,104
Expenses$118,131
Net Income$1,169,973
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$3,198,348
Mission and Program Overview

Mission

To provide fundraising support to Innovative Learning, Inc., a non-profit school that provides education to students with learning disabilities. Also to provide programs outside of the school day to further the social education of the students.

SEE PART III, LINE 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,796,314$6,629,161▼ $167,153
Investments in Publicly Traded Securities$3,743,339$4,606,274▲ $862,935
Cash and Non-Interest-Bearing Accounts$1,094,571$590,241▼ $504,330
Prepaid Expenses and Deferred Charges$1,670$0▼ $1,670
Accounts Receivable$1,776$494▼ $1,282
Total Assets$12,015,275$12,202,014▲ $186,739
Other Assets Total$377,605$375,844▼ $1,761
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,601,279$2,674,623▼ $926,656
Other Liabilities$356,302$372,369▲ $16,067
Accounts Payable and Accrued Expenses$961$3,085▲ $2,124
Total Liabilities$3,958,542$3,050,077▼ $908,465
Net Assets / Fund Balance
Unrestricted Net Assets$7,972,079$9,051,202▲ $1,079,123
Temporarily Rstr Net Assets$84,654$100,735▲ $16,081
Total Net Assets Fund Balance$8,056,733$9,151,937▲ $1,095,204
Total Liabilities and Net Assets / Fund Balance$12,015,275$12,202,014▲ $186,739

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,542,956$1,439,740-
Other Land Buildings$1,407,784$180,054-
Land$678,421--
Compensation and Service Providers
Top Officer Pay22nd percentile

Employees

NameTitleOtherTotal
Martha SchneiderSecretary/treasurer$99,510$99,510
Dr Linda JacobsPresident$92,521$92,521
Yvonne CallawayVice-president$27,976$27,976

Board Members and Trustees

NameTitle
Lori NicoleDirector
Robert JosephDirector
Shannon CallawayDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$97,878
Program Service Revenue
$0
Investment Income
$239,423
Other Revenue
$950,803
All Other Contributions
$97,878
Change in Net Assets
$1,169,973

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,288,104
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$224,742
Total Revenue per Audited Statements
$1,512,846
Total Revenue per Form 990
$1,288,104
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$115,732
Grants and Similar Amounts Paid$2,399
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees-$50,886-$50,886
Fees for Services Accounting-$4,450-$4,450
Grants to Domestic Orgs$2,399--$2,399
Other Expenses$57,767$1,859-$1,859
Office Expenses-$770-$770
Total Functional Expenses$60,166$57,965$0$118,131

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$417,642
Expenses Not Reported on Form 990$299,511
Expenses per Audited Statements$118,131
Total Expenses per Form 990$118,131
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$131,099
Fundraising Direct Expenses$45,727
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$102,219$102,219$30,198$72,021
Fall Fundraiser$28,880$28,880$15,529$13,351
Total Events$131,099$131,099$45,727$85,372
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$360,369
Security Deposit$12,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
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 11

“The president of the board reviews the form 990 prior to signature and filing”

Form 990, Part VI, Section C, 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
Harbour School Foundation Inc
EIN
52-2045745
Phone
4109744248
Address
1277 GREEN HOLLY DRIVE, ANNAPOLIS, MD 21409

Signing Officer

Name
Linda J Jacobs
Title
President
Phone
4109744248
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda J Jacobs
Formed
1997
Legal Domicile
Md
Voting Board Members
6
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Regan Grace & Kerley LLC
Address
2139 DEFENSE HIGHWAY SUITE 2, CROFTON, MD 21114-2113
Preparer
Caitlin M Regan
Phone
4107213151
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Rental expense, netted with income: depreciation 172,512. Rental expense, netted with income: interest 81,374.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expense, netted with income: depreciation 172,512. Rental expense, netted with income: interest 81,374.”

Raw XML AppendixShowing 400 of 444 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0961
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03085
IRS990/AccountsReceivableGrp/BOYAmt01776
IRS990/AccountsReceivableGrp/EOYAmt0494
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SEE PART III, LINE 1
IRS990/AllOtherContributionsAmt097878
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DR LINDA JACOBS
IRS990/BooksInCareOfDetail/PhoneNum04109744248
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01277 GREEN HOLLY DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ANNAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021401
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01094571
IRS990/CashNonInterestBearingGrp/EOYAmt0590241
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt097878
IRS990/CYGrantsAndSimilarPaidAmt02399
IRS990/CYInvestmentIncomeAmt0239423
IRS990/CYOtherExpensesAmt0115732
IRS990/CYOtherRevenueAmt0950803
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01169973
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0118131
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01288104
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVIDE FUNDRAISING AND OTHER FINANCIAL SUPPORT TO INNOVATIVE LEARNING, INC., A NON-PROFIT SCHOOL THAT PROVIDES EDUCATION TO STUDENTS WITH LEARNING DISABILITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt060166
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04450
IRS990/FeesForServicesAccountingGrp/TotalAmt04450
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt050886
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt050886
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt011250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt15348
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt25887
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0DR LINDA JACOBS
IRS990/Form990PartVIISectionAGrp/PersonNm1YVONNE CALLAWAY
IRS990/Form990PartVIISectionAGrp/PersonNm2MARTHA SCHNEIDER
IRS990/Form990PartVIISectionAGrp/PersonNm3SHANNON CALLAWAY
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBERT JOSEPH
IRS990/Form990PartVIISectionAGrp/PersonNm5LORI NICOLE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt081271
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt122628
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt293623
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt045727
IRS990/FundraisingGrossIncomeAmt0131099
IRS990/GainOrLossGrp/SecuritiesAmt0164847
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt02399
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02399
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02399
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01775478
IRS990/GrossReceiptsAmt03198348
IRS990/GrossRentsGrp/RealAmt01118664
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt074576
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt074576
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03743339
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04606274
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01619794
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06796314
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06629161
IRS990/LandBldgEquipCostOrOtherBssAmt08248955
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01610631
IRS990/LessRentalExpensesGrp/RealAmt0253886
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE FUNDRAISING SUPPORT TO INNOVATIVE LEARNING, INC., A NON-PROFIT SCHOOL THAT PROVIDES EDUCATION TO STUDENTS WITH LEARNING DISABILITIES. ALSO TO PROVIDE PROGRAMS OUTSIDE OF THE SCHOOL DAY TO FURTHER THE SOCIAL EDUCATION OF THE STUDENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03601279
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02674623
IRS990/NetAssetsOrFundBalancesBOYAmt08056733
IRS990/NetAssetsOrFundBalancesEOYAmt09151937
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0164847
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0164847
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt085372
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt085372
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0864778
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0864778
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-74769
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0770
IRS990/OfficeExpensesGrp/TotalAmt0770
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0377605
IRS990/OtherAssetsTotalGrp/EOYAmt0375844
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0RELATED PARTY DONATION
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01859
IRS990/OtherExpensesGrp/ProgramServicesAmt057767
IRS990/OtherExpensesGrp/TotalAmt057767
IRS990/OtherExpensesGrp/TotalAmt11859
IRS990/OtherLiabilitiesGrp/BOYAmt0356302
IRS990/OtherLiabilitiesGrp/EOYAmt0372369
IRS990/OtherRevenueMiscGrp/BusinessCd0999999
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0653
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0653
IRS990/OtherRevenueTotalAmt0653
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01670
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0LINDA J JACOBS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt076602
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03750
IRS990/PYInvestmentIncomeAmt064881
IRS990/PYOtherExpensesAmt0149005
IRS990/PYOtherRevenueAmt0741887
IRS990/PYProgramServiceRevenueAmt0125478
IRS990/PYRevenuesLessExpensesAmt0703303
IRS990/PYSalariesCompEmpBnftPaidAmt0152790
IRS990/PYTotalExpensesAmt0305545
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01008848
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01169973
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0864778
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION SHARES COMMON BOARD MEMBERS AND MANAGEMENT WITH THE SUPPORTED ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION B, LINE 1:
IRS990ScheduleA/OtherSupportSumAmt045625
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0521173307
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt045625
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt057767
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0INNOVATIVE LEARNING INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt057767
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04542956
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01439740
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt05982696
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt045625
IRS990ScheduleD/DonatedServicesUseFcltsAmt045625
IRS990ScheduleD/ExpensesNotReportedAmt0299511
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0118131
IRS990ScheduleD/LandGrp/BookValueAmt0678421
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0678421
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-74769
IRS990ScheduleD/OtherExpensesIncludedAmt0253886
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01407784
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0180054
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt01587838
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1360369
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED PARTY
IRS990ScheduleD/OtherRevenueAmt0253886
IRS990ScheduleD/RevenueNotReportedAmt0224742
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01288104
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RENTAL EXPENSE, NETTED WITH INCOME: DEPRECIATION 172,512. RENTAL EXPENSE, NETTED WITH INCOME: INTEREST 81,374.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSE, NETTED WITH INCOME: DEPRECIATION 172,512. RENTAL EXPENSE, NETTED WITH INCOME: INTEREST 81,374.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06629161
IRS990ScheduleD/TotalExpensesPerForm990Amt0118131
IRS990ScheduleD/TotalLiabilityAmt0372369
IRS990ScheduleD/TotalRevenuePerForm990Amt01288104
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01512846
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0417642
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt045727
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FALL FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0102219
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt028880
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0131099
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0102219
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt028880
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0131099
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt085372
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt045727
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt030198
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt015529
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT OF THE BOARD REVIEWS THE FORM 990 PRIOR TO SIGNATURE AND FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DOCUMENTS REQUIRED TO BE AVAILABLE FOR PUBLIC INSPECTION ARE PROVIDED UPON WRITTEN REQUEST TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0INNOVATIVE LEARNING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0521173307
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATING STUDENTS, K-12
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01277 GREEN HOLLY DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ANNAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd021401
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt057767
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11118664
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt246807
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0INNOVATIVE LEARNING INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1INNOVATIVE LEARNING INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2INNOVATIVE LEARNING INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt084654
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0100735
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt012015275
IRS990/TotalAssetsEOYAmt012202014
IRS990/TotalAssetsGrp/BOYAmt012015275
IRS990/TotalAssetsGrp/EOYAmt012202014
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt097878
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057965
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt060166
IRS990/TotalFunctionalExpensesGrp/TotalAmt0118131
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03958542
IRS990/TotalLiabilitiesEOYAmt03050077
IRS990/TotalLiabilitiesGrp/BOYAmt03958542
IRS990/TotalLiabilitiesGrp/EOYAmt03050077
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08056733
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09151937
IRS990/TotalOtherCompensationAmt022485
IRS990/TotalProgramServiceExpensesAmt060166
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01190226
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01288104
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,202,014
Liabilities
$3,050,077
Net assets
$9,151,937
Revenue
$1,288,104
Expenses
$118,131
Net income
$1,169,973
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$29.9$0.77$29.1$3.63$1.15$2.49
2024Detailed filing. Detailed filing data is available for this year.$26.9$0.80$26.1$3.08$0.92$2.16
2023Detailed filing. Detailed filing data is available for this year.$23.4$0.78$22.6$1.92$0.65$1.27
2022Detailed filing. Detailed filing data is available for this year.$20.6$0.75$19.9$2.62$0.66$1.96
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.2$0.66$20.5$2.28$0.63$1.65
2020Detailed filing. Detailed filing data is available for this year.$17.5$0.76$16.7$2.31$0.62$1.69
2019Detailed filing. Detailed filing data is available for this year.$16.3$0.98$15.3$1.86$0.68$1.17
2018Detailed filing. Detailed filing data is available for this year.$14.1$1.18$12.9$1.51$0.29$1.23
2016Detailed filing. Detailed filing data is available for this year.$12.0$1.79$10.3$1.29$0.07$1.22
2015Detailed filing. Detailed filing data is available for this year.$12.2$3.05$9.15$1.29$0.12$1.17
2014Detailed filing. Detailed filing data is available for this year.$12.0$3.96$8.06$1.01$0.31$0.70
2013Summary only. Only limited summary data is available for this year.$9.07$1.93$7.13$0.79$0.36$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.24$2.60$6.64$0.21
2011Summary only. Only limited summary data is available for this year.$8.97$2.90$6.07$0.55$0.12$0.43