Civic Intelligence

Vision Public Charter School of Middleton Inc.

990 • Fiscal year 2015 • EIN 68-0609551

Jul 01, 2014 to Jun 30, 2015 • Filed on Aug 31, 2015

19291 Ward RdCaldwell, ID 83605

(208) 455-9220

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.68x

Higher debt load relative to assets than 82% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

0.97x

Higher debt load relative to revenue than 80% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

68th percentile

9.7%

Higher net margin than 68% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

41st percentile

$102,567

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

61st percentile

3.6%

Faster asset growth than 61% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

70th percentile

13%

Faster revenue growth than 70% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$6,115,082

Up $215,305 (+3.6%) from 2014

Net Assets

Down

$1,932,560

Down $627,575 (-25%) from 2014

Liabilities

Up

$4,182,522

Up $842,880 (+25%) from 2014

Revenue

Up

$4,304,778

Up $483,824 (+13%) from 2014

Expenses

Up

$3,885,889

Up $138,614 (+3.7%) from 2014

Net Income

Up

$418,889

Up $345,210 (+469%) from 2014

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $1,494,124Liabilities 2011: $141,001Net Assets 2011: $1,353,1232011Assets 2012: $2,379,480Liabilities 2012: $445,600Net Assets 2012: $1,933,8802012Assets 2013: $4,722,876Liabilities 2013: $2,236,420Net Assets 2013: $2,486,4562013Assets 2014: $5,899,777Liabilities 2014: $3,339,642Net Assets 2014: $2,560,1352014Assets 2015: $6,115,082Liabilities 2015: $4,182,522Net Assets 2015: $1,932,5602015Assets 2016: $6,752,427Liabilities 2016: $4,350,602Net Assets 2016: $2,401,8252016Assets 2017: $12,106,463Liabilities 2017: $9,148,734Net Assets 2017: $2,957,7292017Assets 2018: $11,884,544Liabilities 2018: $8,541,965Net Assets 2018: $3,342,5792018Assets 2019: $11,679,998Liabilities 2019: $7,651,214Net Assets 2019: $4,028,7842019Assets 2020: $14,688,764Liabilities 2020: $9,647,312Net Assets 2020: $5,041,4522020Assets 2021: $15,018,772Liabilities 2021: $9,919,463Net Assets 2021: $5,099,3092021Assets 2022: $16,377,288Liabilities 2022: $11,094,831Net Assets 2022: $5,282,4572022Assets 2023: $17,383,900Liabilities 2023: $11,896,651Net Assets 2023: $5,487,2492023Assets 2024: $17,695,128Liabilities 2024: $11,184,336Net Assets 2024: $6,510,7922024Assets 2025: $18,164,171Liabilities 2025: $11,008,144Net Assets 2025: $7,156,0272025

Highlighted filing

2015

Assets$6,115,082
Liabilities$4,182,522
Net Assets$1,932,560

Operations Trend

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

$10M$5.0M$0Expenses 2011: $1,941,9342011Expenses 2012: $2,312,8362012Expenses 2013: $2,678,9922013Revenue 2014: $3,820,954Expenses 2014: $3,747,275Net Income 2014: $73,6792014Revenue 2015: $4,304,778Expenses 2015: $3,885,889Net Income 2015: $418,8892015Revenue 2016: $4,319,932Expenses 2016: $3,850,667Net Income 2016: $469,2652016Revenue 2017: $4,883,332Expenses 2017: $4,327,428Net Income 2017: $555,9042017Revenue 2018: $5,487,786Expenses 2018: $5,102,936Net Income 2018: $384,8502018Revenue 2019: $5,614,309Expenses 2019: $4,928,104Net Income 2019: $686,2052019Revenue 2020: $6,265,602Expenses 2020: $5,252,934Net Income 2020: $1,012,6682020Revenue 2021: $6,124,063Expenses 2021: $6,066,206Net Income 2021: $57,8572021Revenue 2022: $6,844,060Expenses 2022: $6,660,912Net Income 2022: $183,1482022Revenue 2023: $7,151,075Expenses 2023: $6,946,283Net Income 2023: $204,7922023Revenue 2024: $8,362,647Expenses 2024: $7,339,104Net Income 2024: $1,023,5432024Revenue 2025: $8,066,768Expenses 2025: $7,421,533Net Income 2025: $645,2352025

Highlighted filing

2015

Revenue$4,304,778
Expenses$3,885,889
Net Income$418,889
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Aug 31, 2015
Return Version
2014v5.0
Gross Receipts
$4,304,778
Mission and Program Overview

Mission

Public Education (Local Educational Agency).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,910,649$4,800,833▼ $109,816
Savings and Temporary Cash Investments$400,724$600,606▲ $199,882
Cash and Non-Interest-Bearing Accounts$443,671$314,750▼ $128,921
Pledges and Grants Receivable$144,733$132,995▼ $11,738
Accounts Receivable-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,899,777$6,115,082▲ $215,305
Other Assets Total-$265,898-
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,142,368$2,825,476▼ $316,892
Other Liabilities-$1,139,727-
Accounts Payable and Accrued Expenses$187,829$216,265▲ $28,436
Deferred Revenue$9,445$1,054▼ $8,391
Total Liabilities$3,339,642$4,182,522▲ $842,880
Net Assets / Fund Balance
Unrestricted Net Assets$2,560,135$1,932,560▼ $627,575
Total Net Assets Fund Balance$2,560,135$1,932,560▼ $627,575
Total Liabilities and Net Assets / Fund Balance$5,899,777$6,115,082▲ $215,305

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,413,962$251,295$4,665,257
Equipment$176,761$56,440$233,201
Land$210,110-$210,110
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wendy OldenkampAdministratorFT$91,360$11,207$102,567

Board Members and Trustees

NameTitle
Elizabeth HannahPresident
Andy MarshallVice President
Nicki AndersonDirector
Tracie WoodSecretary
David SnowTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,304,034
Program Service Revenue
$0
Investment Income
$744
Other Revenue
$0
All Other Contributions
$331,596
Change in Net Assets
$418,889

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,304,778
Total Revenue per Audited Statements
$4,304,778
Total Revenue per Form 990
$4,304,778
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,665,331
Other Expenses$1,220,558
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,899,949--$1,899,949
Other Employee Benefits$274,406$14,154-$288,560
Pension Plan Contributions$214,885$11,094-$225,979
Interest$165,152--$165,152
Payroll Taxes$145,346$7,497-$152,843
Occupancy$136,039$15,116-$151,155
Depreciation Depletion$116,625--$116,625
Current Officers, Directors, Trustees, and Key Employees-$98,000-$98,000
Insurance$29,471$3,275-$32,746
Fees for Services Accounting-$5,425-$5,425
Other Expenses$5,000$40,879-$5,000
Total Functional Expenses$3,690,449$195,440$0$3,885,889

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,885,889
Total Expenses per Audited Statements$3,885,889
Total Expenses per Form 990$3,885,889
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
Deferred Inflows - Pension Sources$660,169
Net Pension Liability$479,558
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is reviewed by designated finance personnel prior to filing.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

All salaries, including those for management and key personnel, are integrated with the state salary funding formula and are independently reviewed, approved, and documented.

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

All public information documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Vision Charter School Inc
EIN
68-0609551
Phone
2084559220
Address
19291 Ward Rd, Caldwell, ID 83605

Signing Officer

Name
Wendy Oldenkamp
Title
Administrator
Signed
2015-08-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendy Oldenkamp
Formed
2007
Legal Domicile
Id
Voting Board Members
5
Independent Board Members
5
Employees
71
Volunteers
130

Preparer

Firm
Quest Cpas Pc
Address
11501 HIGHWAY 95, PAYETTE, ID 83661
Preparer
Kurt Folke
Phone
2086421417
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IRS990/PrincipalOfficerNm0Wendy Oldenkamp
IRS990/PriorPeriodAdjustmentsAmt0-1046464
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03819534
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01420
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01241681
IRS990/PYRevenuesLessExpensesAmt073679
IRS990/PYSalariesCompEmpBnftPaidAmt02505594
IRS990/PYTotalExpensesAmt03747275
IRS990/PYTotalRevenueAmt03820954
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0418889
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0400724
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0600606
IRS990ScheduleA/SchoolInd0X
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/BookValueAmt04413962
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0251295
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04665257
IRS990ScheduleD/EquipmentGrp/BookValueAmt0176761
IRS990ScheduleD/EquipmentGrp/DepreciationAmt056440
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0233201
IRS990ScheduleD/ExpensesSubtotalAmt03885889
IRS990ScheduleD/LandGrp/BookValueAmt0210110
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0210110
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0660169
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1479558
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred Inflows - Pension Sources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net Pension Liability
IRS990ScheduleD/RevenueSubtotalAmt04304778
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04800833
IRS990ScheduleD/TotalExpensesPerForm990Amt03885889
IRS990ScheduleD/TotalLiabilityAmt01139727
IRS990ScheduleD/TotalRevenuePerForm990Amt04304778
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04304778
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03885889
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The school is a state chartered public school and receives substantially all of its support from the Idaho State Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1As a state chartered public school policy communications are the same as required for traditional public school districts and are accomplished during admissions.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by designated finance personnel prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All salaries, including those for management and key personnel, are integrated with the state salary funding formula and are independently reviewed, approved, and documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All public information documents are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05899777
IRS990/TotalAssetsEOYAmt06115082
IRS990/TotalAssetsGrp/BOYAmt05899777
IRS990/TotalAssetsGrp/EOYAmt06115082
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04304034
IRS990/TotalEmployeeCnt071
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0195440
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03690449
IRS990/TotalFunctionalExpensesGrp/TotalAmt03885889
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03339642
IRS990/TotalLiabilitiesEOYAmt04182522
IRS990/TotalLiabilitiesGrp/BOYAmt03339642
IRS990/TotalLiabilitiesGrp/EOYAmt04182522
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02560135
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01932560
IRS990/TotalOtherCompensationAmt011207
IRS990/TotalProgramServiceExpensesAmt03690449
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt091360
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0744
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04304778
IRS990/TotalVolunteersCnt0130
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05899777
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06115082
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02560135
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01932560
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0C/O 19291 Ward Road
IRS990/USAddress/CityNm0Caldwell
IRS990/USAddress/StateAbbreviationCd0ID
IRS990/USAddress/ZIPCd083605
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.visioncharter.net
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Wendy Oldenkamp
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Administrator

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$18.2$11.0$7.16$8.07$7.42$0.65
2024Detailed filing. Detailed filing data is available for this year.$17.7$11.2$6.51$8.36$7.34$1.02
2023Detailed filing. Detailed filing data is available for this year.$17.4$11.9$5.49$7.15$6.95$0.20
2022Detailed filing. Detailed filing data is available for this year.$16.4$11.1$5.28$6.84$6.66$0.18
2021Detailed filing. Detailed filing data is available for this year.$15.0$9.92$5.10$6.12$6.07$0.06
2020Detailed filing. Detailed filing data is available for this year.$14.7$9.65$5.04$6.27$5.25$1.01
2019Detailed filing. Detailed filing data is available for this year.$11.7$7.65$4.03$5.61$4.93$0.69
2018Detailed filing. Detailed filing data is available for this year.$11.9$8.54$3.34$5.49$5.10$0.38
2017Detailed filing. Detailed filing data is available for this year.$12.1$9.15$2.96$4.88$4.33$0.56
2016Detailed filing. Detailed filing data is available for this year.$6.75$4.35$2.40$4.32$3.85$0.47
2015Detailed filing. Detailed filing data is available for this year.$6.12$4.18$1.93$4.30$3.89$0.42
2014Detailed filing. Detailed filing data is available for this year.$5.90$3.34$2.56$3.82$3.75$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.72$2.24$2.49$2.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.45$1.93$2.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$0.14$1.35$1.94