Civic Intelligence

Opportunity 180

990 • Fiscal year 2017 • EIN 61-1753910

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

11035 Lavender Hill Dr Ste 160-180Las Vegas, NV 89135

(702) 776-6086

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.01x

Higher debt load relative to assets than 23% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

49th percentile

0.10x

Higher debt load relative to revenue than 49% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

1st percentile

-1578%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

84th percentile

$151,063

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 63.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

2nd percentile

-49%

Faster asset growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-97%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$3,962,198

Down $3,769,919 (-49%) from 2016

Net Assets

Down

$3,939,682

Down $3,734,747 (-49%) from 2016

Liabilities

Down

$22,516

Down $35,172 (-61%) from 2016

Revenue

Down

$236,654

Down $8,009,454 (-97%) from 2016

Expenses

Down

$3,971,401

Down $383,528 (-8.8%) from 2016

Net Income

Down

-$3,734,747

Down $7,625,926 (-196%) from 2016

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2015: $3,804,765Liabilities 2015: $21,515Net Assets 2015: $3,783,2502015Assets 2016: $7,732,117Liabilities 2016: $57,688Net Assets 2016: $7,674,4292016Assets 2017: $3,962,198Liabilities 2017: $22,516Net Assets 2017: $3,939,6822017Assets 2018: $11,908,164Liabilities 2018: $53,770Net Assets 2018: $11,854,3942018Assets 2019: $8,369,345Liabilities 2019: $1,045,293Net Assets 2019: $7,324,0522019Assets 2020: $5,469,584Liabilities 2020: $1,976,969Net Assets 2020: $3,492,6152020Assets 2021: $15,615,978Liabilities 2021: $2,202,282Net Assets 2021: $13,413,6962021Assets 2022: $19,995,394Liabilities 2022: $868,695Net Assets 2022: $19,126,6992022Assets 2023: $23,317,621Liabilities 2023: $1,514,813Net Assets 2023: $21,802,8082023Assets 2024: $21,971,841Liabilities 2024: $7,541,244Net Assets 2024: $14,430,5972024

Highlighted filing

2017

Assets$3,962,198
Liabilities$22,516
Net Assets$3,939,682

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2015: $4,100,000Expenses 2015: $316,750Net Income 2015: $3,783,2502015Revenue 2016: $8,246,108Expenses 2016: $4,354,929Net Income 2016: $3,891,1792016Revenue 2017: $236,654Expenses 2017: $3,971,401Net Income 2017: -$3,734,7472017Revenue 2018: $9,650,989Expenses 2018: $1,736,277Net Income 2018: $7,914,7122018Revenue 2019: $61,120Expenses 2019: $4,591,462Net Income 2019: -$4,530,3422019Revenue 2020: $10,324Expenses 2020: $3,840,519Net Income 2020: -$3,830,1952020Revenue 2021: $20,722,775Expenses 2021: $10,850,996Net Income 2021: $9,871,7792021Revenue 2022: $13,876,905Expenses 2022: $7,442,267Net Income 2022: $6,434,6382022Revenue 2023: $13,609,678Expenses 2023: $11,301,897Net Income 2023: $2,307,7812023Revenue 2024: $17,173,148Expenses 2024: $24,987,830Net Income 2024: -$7,814,6822024

Highlighted filing

2017

Revenue$236,654
Expenses$3,971,401
Net Income-$3,734,747
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.2
Gross Receipts
$236,654
Mission and Program Overview

Mission

We believe that all children deserve great schools. We find it unacceptable that over 82,000 children in Clark County attend low-performing public schools and are committed to solving this problem. As a nonprofit organization, we offer resources to launch and support high-performing schools and organizations that will provide students with outstanding educational opportunities, and help prove that every child can achieve, regardless of ethnicity, zip code or family income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,229,341$3,885,166▼ $2,344,175
Pledges and Grants Receivable$1,099,501$50,000▼ $1,049,501
Accounts Receivable$22,000$0▼ $22,000
Land, Buildings, and Equipment, Net$29,188$21,375▼ $7,813
Prepaid Expenses and Deferred Charges$344,998$3,712▼ $341,286
Intangible Assets$1,389$695▼ $694
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$7,732,117$3,962,198▼ $3,769,919
Other Assets Total$5,700$1,250▼ $4,450
Liabilities
Other Liabilities$6,348$18,950▲ $12,602
Accounts Payable and Accrued Expenses$51,340$3,566▼ $47,774
Total Liabilities$57,688$22,516▼ $35,172
Net Assets / Fund Balance
Temporarily Rstr Net Assets$5,874,344$3,205,206▼ $2,669,138
Unrestricted Net Assets$1,800,085$734,476▼ $1,065,609
Total Net Assets Fund Balance$7,674,429$3,939,682▼ $3,734,747
Total Liabilities and Net Assets / Fund Balance$7,732,117$3,962,198▼ $3,769,919

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$18,046$18,550$36,596
Equipment$3,329$31$3,360
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Allison SerafinPresidentFT$151,063$151,063
Jana LavinActing Executive DirectorFT$74,468$74,468

Board Members and Trustees

NameTitle
Miles DicksonBoard Chair
Steve MccrackenBoard Chair
Sean McclenahanDirector
Laura Lopez HobbsSecretary
Maureen ShaferSecretary
Francisco AguilarTreasurer
Jonathan SanbornTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$236,654
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$85,654
Change in Net Assets
$-3,734,747

Audited Revenue Reconciliation

Revenue per Audited Statements
$236,654
Total Revenue per Audited Statements
$236,654
Total Revenue per Form 990
$236,654
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,210,856
Grants and Similar Amounts Paid$1,289,636
Salaries, Compensation, and Employee Benefits$470,909
Total Fundraising Expense$95,632
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,289,636--$1,289,636
Other Salaries and Wages$165,343$167,298-$332,641
Fees for Services Other$55,000$24,914-$79,914
Current Officers, Directors, Trustees, and Key Employees$2,534$2,535$69,399$74,468
Occupancy$13,607$13,765$5,625$32,997
Payroll Taxes$13,171$13,325$5,445$31,941
Other Employee Benefits$13,137$13,291$5,431$31,859
Fees for Services Accounting-$27,808-$27,808
Fees for Services Legal-$20,394-$20,394
Insurance$4,951$5,009$2,047$12,007
Depreciation Depletion$4,428$4,480$1,830$10,738
Office Expenses$3,825$3,869$1,581$9,275
Travel$4,091$4,092-$8,183
Other Expenses$3,610$3,609$1,297$7,219
All Other Expenses$1,934$2,823$477$5,234
Advertising-$2,396-$2,396
Total Functional Expenses$3,528,816$346,953$95,632$3,971,401

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,971,401
Total Expenses per Audited Statements$3,971,401
Total Expenses per Form 990$3,971,401
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Futuro Academy IncorporatedLas Vegas, NV501(c)(3)ASD Pre Revenue Grant$700,000
Futuro Academy IncorporatedLas Vegas, NV501(c)(3)General Operating Grant$100,000
Nevada Preparatory CharterLas Vegas, NV501(c)(3)Dreamfund Grant$100,000
Nevada Rise Academy CharterHenderson, NV501(c)(3)BES Fellow Start Up Grant$100,000
Teach PlusBoston, MA501(c)(3)NV Leadership Fellowship Grant$50,000
Democracy Prep Public SchoolsNew York, NY501(c)(3)Community Engagement Grant$20,000
Einstein Group IncNew Orleans, LA501(c)(3)2017 Planning Grant$20,000
Futuro Academy IncorporatedLas Vegas, NV501(c)(3)Community Engagement Grant$20,000
Innovation for EducationNaalehu, HI501(c)(3)2017 Planning Grant$7,650
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$18,950
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Opportunity 180 Board of Directors will review the prepared IRS Form 990.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board of Directors retained an outside organization to analyze nonprofit salaries and used the compensation analysis to determine the salary for the CEO.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Opportunity 180
EIN
61-1753910
Phone
7027766086
Address
11035 LAVENDER HILL DR STE 160-180, LAS VEGAS, NV 89135

Signing Officer

Name
Jana Wilcox Lavin
Title
Acting Executive Director
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jana Wilcox Lavin
Formed
2014
Legal Domicile
Nv
Voting Board Members
3
Independent Board Members
3
Employees
6

Preparer

Firm
Wallace Neumann & Verville Llp
Address
8930 SPANISH RIDGE AVE, LAS VEGAS, NV 89148-1302
Preparer
Bradley K Wallace
Phone
7023870999
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IRS990/Desc0Opened first BES Fellow operated school, Futuro Academy. Positioned two new BES led schools, Nevada Prep and Nevada Rise Academies to launch in 2018. Launched the pilot class of the Lead Development Academy with the first cohort of eight teacher leaders. Partnered with Teach Plus to offer new teacher leader development fellowship to twenty educators across Nevada.
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IRS990/MissionDesc0We believe that all children deserve great schools. We find it unacceptable that over 82,000 children in Clark County attend low-performing public schools and are committed to solving this problem. As a nonprofit organization, we offer resources to launch and support high-performing schools and organizations that will provide students with outstanding educational opportunities, and help prove that every child can achieve, regardless of ethnicity, zip code or family income.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Community Engagement Grant
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2General Operating Grant
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Community Engagement Grant
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4ASD Pre Revenue Grant
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt52017 Planning Grant
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6Dreamfund Grant
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7BES Fellow Start Up Grant
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8NV Leadership Fellowship Grant

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