Civic Intelligence

Harbour School Foundation Inc.

990 • Fiscal year 2021 • EIN 52-2045745

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 22, 2022

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

25th percentile

0.03x

Higher debt load relative to assets than 25% of similar nonprofits.

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

Liabilities / Revenue

57th percentile

0.29x

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

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

Net Margin

94th percentile

72%

Higher net margin than 94% of similar nonprofits.

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

Top Officer Pay

31st percentile

$122,885

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

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

Asset Growth

72nd percentile

21%

Faster asset growth than 72% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

27th percentile

-1.5%

Faster revenue growth than 27% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$21,159,746

Up $3,678,442 (+21%) from 2020

Net Assets

Up

$20,504,668

Up $3,780,193 (+23%) from 2020

Liabilities

Down

$655,078

Down $101,751 (-13%) from 2020

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin94th percentile

Revenue

Down

$2,278,682

Down $34,942 (-1.5%) from 2020

Expenses

Up

$630,292

Up $5,975 (+1.0%) from 2020

Net Income

Down

$1,648,390

Down $40,917 (-2.4%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth72nd 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

2021

Assets$21,159,746
Liabilities$655,078
Net Assets$20,504,668
Open 2021 Filing

Operations Trend

Revenue Growth27th 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

2021

Revenue$2,278,682
Expenses$630,292
Net Income$1,648,390
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 22, 2022
Return Version
2020v4.1
Gross Receipts
$4,965,153
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,936,335$13,501,114▲ $3,564,779
Land, Buildings, and Equipment, Net$5,810,030$5,654,056▼ $155,974
Cash and Non-Interest-Bearing Accounts$187,449$321,428▲ $133,979
Accounts Receivable$2,239$2,239→ $0
Total Assets$17,481,304$21,159,746▲ $3,678,442
Other Assets Total$1,545,251$1,680,909▲ $135,658
Liabilities
Other Liabilities$655,101$655,078▼ $23
Mortgage Notes Payable Secured by Investment Property$101,728--
Total Liabilities$756,829$655,078▼ $101,751
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,611,846$20,391,960▲ $3,780,114
Net Assets With Donor Restrictions$112,629$112,708▲ $79
Total Net Assets Fund Balance$16,724,475$20,504,668▲ $3,780,193
Total Liabilities and Net Assets / Fund Balance$17,481,304$21,159,746▲ $3,678,442

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,622,965$2,594,899-
Land$2,031,091--
Other Assets Org$1,145,804--
Compensation and Service Providers
Top Officer Pay31st percentile

Employees

NameTitleOtherTotal
Martha SchneiderSecretaryTreasurer$122,885$122,885
Linda JacobsPresident$98,820$98,820

Board Members and Trustees

NameTitle
Yvonne CallawayVice-President
Carole SpurrierDirector
Jared S DvornickyDirector
Jay TurakhiaDirector
Shannon CallawayDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$188,360
Program Service Revenue
$0
Investment Income
$666,651
Other Revenue
$1,423,671
All Other Contributions
$188,360
Change in Net Assets
$1,648,390

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,190,572
Revenue Not Reported on Financial Statements
$88,110
Revenue Not Reported on Form 990
$2,157,583
Total Revenue per Audited Statements
$4,348,155
Total Revenue per Form 990
$2,278,682
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$380,000
Other Expenses$250,292
Total Fundraising Expense$7,799
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$380,000--$380,000
Depreciation Depletion$132,578$15,597$7,799$155,974
Fees for Service Investment Mgmnt Fees-$88,110-$88,110
Other Expenses-$5,936-$5,936
Interest-$272-$272
Total Functional Expenses$512,578$109,915$7,799$630,292

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$630,292
Total Expenses per Audited Statements$567,962
Expenses per Audited Statements$542,182
Expenses Not Reported on Financial Statements$88,110
Expenses Not Reported on Form 990$25,780
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Innovative Learning IncAnnapolis, MD501c3Operational Support$380,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$42,814
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction 2021$42,814$42,814-$42,814
Total Events$42,814$42,814-$42,814
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$643,198
Security Deposit$11,880
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
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
2022-02-22
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 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 year then 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 year end, there have been no matters that would have resulted in an accrual for interest and/or penalties. Generally, the tax years before 2018 are no longer subject to examination by federal, state, or local taxing authorities.”

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IRS990/ReportOtherLiabilitiesInd0true
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
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/SupportAmt0380000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0INNOVATIVE LEARNING
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0380000
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/BookValueAmt03622965
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02594899
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt06217864
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt025780
IRS990ScheduleD/DonatedServicesUseFcltsAmt025780
IRS990ScheduleD/ExpensesNotReportedAmt025780
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt088110
IRS990ScheduleD/ExpensesSubtotalAmt0542182
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt088110
IRS990ScheduleD/InvestmentExpensesNotIncldAmt088110
IRS990ScheduleD/LandGrp/BookValueAmt02031091
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt02031091
IRS990ScheduleD/NetUnrealizedGainsInvstAmt02131803
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0535105
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11145804
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Cash Surrender Value - Officer
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deferred Rent Receivable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0643198
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111880
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Related Party
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Security Deposit
IRS990ScheduleD/RevenueNotReportedAmt02157583
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt088110
IRS990ScheduleD/RevenueSubtotalAmt02190572
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 year then 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 year end, there have been no matters that would have resulted in an accrual for interest and/or penalties. Generally, the tax years before 2018 are no longer subject to examination by federal, state, or local taxing authorities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Footnote for uncertain tax position under FIN 48 (Part X)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05654056
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01680909
IRS990ScheduleD/TotalExpensesPerForm990Amt0630292
IRS990ScheduleD/TotalLiabilityAmt0655078
IRS990ScheduleD/TotalRevenuePerForm990Amt02278682
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04348155
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0567962
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Auction 2021
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt042814
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt042814
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt042814
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt042814
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt042814
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0380000
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/InvolvedAmt01379807
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1380000
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/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt017481304
IRS990/TotalAssetsEOYAmt021159746
IRS990/TotalAssetsGrp/BOYAmt017481304
IRS990/TotalAssetsGrp/EOYAmt021159746
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0188360
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07799
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0109915
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0512578
IRS990/TotalFunctionalExpensesGrp/TotalAmt0630292
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0756829
IRS990/TotalLiabilitiesEOYAmt0655078

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,159,746
Liabilities
$655,078
Net assets
$20,504,668
Revenue
$2,278,682
Expenses
$630,292
Net income
$1,648,390
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
2021Detailed filing. Detailed filing data is available for this year.$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
Peer Organizations

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