Civic Intelligence

Harbour School Foundation Inc.

990 • Fiscal year 2019 • EIN 52-2045745

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 23, 2020

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

30th percentile

0.06x

Higher debt load relative to assets than 30% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

69th percentile

0.53x

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

94th percentile

63%

Higher net margin than 94% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

27th percentile

$115,194

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

77th percentile

15%

Faster asset growth than 77% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

80th percentile

23%

Faster revenue growth than 80% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$16,256,989

Up $2,138,670 (+15%) from 2018

Net Assets

Up

$15,281,523

Up $2,342,843 (+18%) from 2018

Liabilities

Down

$975,466

Down $204,173 (-17%) from 2018

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin94th percentile

Revenue

Up

$1,855,402

Up $341,389 (+23%) from 2018

Expenses

Up

$684,911

Up $396,040 (+137%) from 2018

Net Income

Down

$1,170,491

Down $54,651 (-4.5%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth77th 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

2019

Assets$16,256,989
Liabilities$975,466
Net Assets$15,281,523
Open 2019 Filing

Operations Trend

Revenue Growth80th 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

2019

Revenue$1,855,402
Expenses$684,911
Net Income$1,170,491
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 23, 2020
Return Version
2018v3.1
Gross Receipts
$2,827,515
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.

To provide fundraising support to innovative learning, inc., anon-profit school that provides education to students with learningdisabilities. Also to provide programs outside of the school day to further the social education of the students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,040,575$8,731,264▲ $1,690,689
Land, Buildings, and Equipment, Net$6,127,702$5,966,004▼ $161,698
Cash and Non-Interest-Bearing Accounts$533,248$86,073▼ $447,175
Accounts Receivable$7,840$250▼ $7,590
Total Assets$14,118,319$16,256,989▲ $2,138,670
Other Assets Total$408,954$1,473,398▲ $1,064,444
Liabilities
Mortgage Notes Payable Secured by Investment Property$901,064$504,595▼ $396,469
Other Liabilities$270,567$470,871▲ $200,304
Accounts Payable and Accrued Expenses$8,008--
Total Liabilities$1,179,639$975,466▼ $204,173
Net Assets / Fund Balance
Unrestricted Net Assets$12,824,121$15,170,394▲ $2,346,273
Temporarily Rstr Net Assets$114,559$111,129▼ $3,430
Total Net Assets Fund Balance$12,938,680$15,281,523▲ $2,342,843
Total Liabilities and Net Assets / Fund Balance$14,118,319$16,256,989▲ $2,138,670

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,934,913$2,282,951-
Land$2,031,091--
Other Assets Org$1,054,438--
Compensation and Service Providers
Top Officer Pay27th percentile

Employees

NameTitleOtherTotal
Martha SchneiderSecretaryTreasurer$115,194$115,194
Linda JacobsPresident$92,989$92,989

Board Members and Trustees

NameTitle
Yvonne CallawayVice-President
Carole SpurrierDirector
Jay TurakhiaDirector
Lori NicolleDirector
Shannon CallawayDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$102,087
Program Service Revenue
$0
Investment Income
$306,609
Other Revenue
$1,446,706
All Other Contributions
$102,087
Change in Net Assets
$1,170,491

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,772,601
Revenue Not Reported on Financial Statements
$82,801
Revenue Not Reported on Form 990
$246,605
Total Revenue per Audited Statements
$2,019,206
Total Revenue per Form 990
$1,855,402
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$414,023
Other Expenses$270,888
Total Fundraising Expense$8,107
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$408,888--$408,888
Depreciation Depletion$137,824$16,215$8,107$162,146
Fees for Service Investment Mgmnt Fees-$82,801-$82,801
Other Expenses-$14,410-$14,410
Interest-$11,531-$11,531
Grants to Domestic Individuals$5,135--$5,135
Total Functional Expenses$551,847$124,957$8,107$684,911

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$684,911
Total Expenses per Audited Statements$627,890
Expenses per Audited Statements$602,110
Expenses Not Reported on Financial Statements$82,801
Expenses Not Reported on Form 990$25,780
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Innovative Learning IncAnnapolis, MD501c3Operational Support$408,888
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$134,337
Fundraising Direct Expenses$58,072
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction 2019$134,337$134,337$58,072$76,265
Total Events$134,337$134,337$58,072$76,265
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$458,992
Security Deposit$12,000
Others$-121
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

Officer directors etc family relationship Part VI line 2

“Shannon Callaway, Board Member, is the daughter of Yvonne Callaway, Board Member.”

Form 990 governing body review Part VI line 11

“The President of the Board reviews the Form 990 prior to siganture and filing.”

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
Harbour School Foundation Inc
EIN
52-2045745
Address
1277 Green Holly Drive, Annapolis, MD 21409

Signing Officer

Name
Linda Jacobs
Title
President
Phone
4109744248
Signed
2020-03-23
Discuss with paid preparer
Yes

Organization Details

Formed
1997
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
5
Employees
0

Preparer

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

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

“The most significant tax position of the Foundation is its assertion that it is exempt from income taxes. Other significant tax positions include its determination of whether any amounts are subject to unrelated business income tax (UBIT). Management has determined the Foundation had no activities subject to UBIT in the fiscal year ended. The Foundations 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 fiscal year end, there have been no matters that would have resulted in an accrual for interest and/or penalties.”

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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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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Organization shares common board members and management with the supported organization.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Power to regularly appoint Part IV Sect B line 1
IRS990ScheduleA/OtherSupportSumAmt025780
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0521173307
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt025780
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0408888
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0INNOVATIVE LEARNING
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0408888
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt03934913
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02282951
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt06217864
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt025780
IRS990ScheduleD/DonatedServicesUseFcltsAmt025780
IRS990ScheduleD/ExpensesNotReportedAmt025780
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt082801
IRS990ScheduleD/ExpensesSubtotalAmt0602110
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt082801
IRS990ScheduleD/InvestmentExpensesNotIncldAmt082801
IRS990ScheduleD/LandGrp/BookValueAmt02031091
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt02031091
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0220825
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0418960
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11054438
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Cash Surrender Value - Officer
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deferred Rent Receivable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0458992
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt112000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-121
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Related Party
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Security Deposit
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Others
IRS990ScheduleD/RevenueNotReportedAmt0246605
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt082801
IRS990ScheduleD/RevenueSubtotalAmt01772601
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The most significant tax position of the Foundation is its assertion that it is exempt from income taxes. Other significant tax positions include its determination of whether any amounts are subject to unrelated business income tax (UBIT). Management has determined the Foundation had no activities subject to UBIT in the fiscal year ended. The Foundations 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 fiscal year end, there have been no matters that would have resulted in an accrual for interest and/or penalties.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Footnote for uncertain tax position under FIN 48 (Part X)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05966004
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01473398
IRS990ScheduleD/TotalExpensesPerForm990Amt0684911
IRS990ScheduleD/TotalLiabilityAmt0470871
IRS990ScheduleD/TotalRevenuePerForm990Amt01855402
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02019206
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0627890
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt058072
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Auction 2019
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0134337
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0134337
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0134337
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0134337
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt076265
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt058072
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt058072
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt05135
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships & Tuition Assistance
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/RecipientTable/CashGrantAmt0408888
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Operational Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Innovative Learning Inc
IRS990ScheduleI/RecipientTable/RecipientEIN0521173307
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01277 Green Holly Drive
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Annapolis
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd021409
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Cash
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Shannon Callaway, Board Member, is the daughter of Yvonne Callaway, Board Member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The President of the Board reviews the Form 990 prior to siganture and filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All documents required to be available for public inspection are provided upon written request to the Organization.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Innovative Learning Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0521173307
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501c3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Educating students K-12
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01277 Green Holly Drive
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Annapolis
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd021409
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01360813
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1408888
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Cost
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1Cost
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Innovative Learning Inc
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1Innovative Learning Inc
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0j
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1b
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0114559
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0111129
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt014118319
IRS990/TotalAssetsEOYAmt016256989
IRS990/TotalAssetsGrp/BOYAmt014118319
IRS990/TotalAssetsGrp/EOYAmt016256989
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0102087

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,256,989
Liabilities
$975,466
Net assets
$15,281,523
Revenue
$1,855,402
Expenses
$684,911
Net income
$1,170,491
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