Civic Intelligence

Invent Learning Hub

990 • Fiscal year 2021 • EIN 82-5228511

Jul 01, 2020 to Jun 30, 2021 • Filed on May 05, 2022

Organization ProfileINVENTLEARNING.ORG
1849 E Pleasant Run Pkwy S DrIndianapolis, IN 46203

(317) 832-4900

Siviq Scores

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

Liabilities / Assets

84th percentile

0.51x

Higher debt load relative to assets than 84% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

84th percentile

0.75x

Higher debt load relative to revenue than 84% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

63rd percentile

21%

Higher net margin than 63% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

81st percentile

$131,869

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

58th percentile

14%

Faster asset growth than 58% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

40th percentile

4.4%

Faster revenue growth than 40% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$2,943,302

Up $350,099 (+14%) from 2020

Net Assets

Up

$1,447,176

Up $413,606 (+40%) from 2020

Liabilities

Down

$1,496,126

Down $63,507 (-4.1%) from 2020

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin63rd percentile

Revenue

Up

$2,004,947

Up $83,696 (+4.4%) from 2020

Expenses

Up

$1,591,341

Up $51,922 (+3.4%) from 2020

Net Income

Up

$413,606

Up $31,774 (+8.3%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2019: $214,943Liabilities 2019: $81,307Net Assets 2019: $133,6362019Assets 2020: $2,593,203Liabilities 2020: $1,559,633Net Assets 2020: $1,033,5702020Assets 2021: $2,943,302Liabilities 2021: $1,496,126Net Assets 2021: $1,447,1762021Assets 2022: $3,288,341Liabilities 2022: $1,439,272Net Assets 2022: $1,849,0692022Assets 2023: $3,424,373Liabilities 2023: $1,438,995Net Assets 2023: $1,985,3782023Assets 2024: $3,724,262Liabilities 2024: $1,460,826Net Assets 2024: $2,263,4362024

Highlighted filing

2021

Assets$2,943,302
Liabilities$1,496,126
Net Assets$1,447,176
Open 2021 Filing

Operations Trend

Revenue Growth40th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2019: $482,658Expenses 2019: $361,007Net Income 2019: $121,6512019Revenue 2020: $1,921,251Expenses 2020: $1,539,419Net Income 2020: $381,8322020Revenue 2021: $2,004,947Expenses 2021: $1,591,341Net Income 2021: $413,6062021Revenue 2022: $2,600,488Expenses 2022: $2,198,595Net Income 2022: $401,8932022Revenue 2023: $3,086,434Expenses 2023: $2,950,125Net Income 2023: $136,3092023Revenue 2024: $3,794,168Expenses 2024: $3,516,110Net Income 2024: $278,0582024

Highlighted filing

2021

Revenue$2,004,947
Expenses$1,591,341
Net Income$413,606
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 5, 2022
Return Version
2020v4.2
Gross Receipts
$2,004,947
Mission and Program Overview

Mission

Invent learning hub uses personalized learning and design thinking experiences to grow collaborative, entrepreneurial problem-solvers who leave ilh with an individualized post-secondary success plan.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,973,382$1,967,187▼ $6,195
Cash and Non-Interest-Bearing Accounts$507,653$811,331▲ $303,678
Pledges and Grants Receivable$112,168$164,784▲ $52,616
Total Assets$2,593,203$2,943,302▲ $350,099
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,448,611$1,414,376▼ $34,235
Accounts Payable and Accrued Expenses$54,612$81,750▲ $27,138
Deferred Revenue$56,410$0▼ $56,410
Total Liabilities$1,559,633$1,496,126▼ $63,507
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,033,570$1,447,176▲ $413,606
Total Net Assets Fund Balance$1,033,570$1,447,176▲ $413,606
Total Liabilities and Net Assets / Fund Balance$2,593,203$2,943,302▲ $350,099

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$965,573$66,737$1,032,310
Buildings$743,867$53,133$797,000
Equipment$194,747$67,088$261,835
Land$63,000-$63,000
Other Land Buildings$0--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Aleicha OstlerExecutive DirectorFT$123,230$8,639$131,869
Joshua EdwardsAdministrative AssistantFT$42,927$1,665$44,592

Board Members and Trustees

NameTitle
Paul SmithChair
Tyler EwiglebenVice-chair
Kia WellsMember
Meghan ReuschMember
Natalie WenzlerMember
Paul WhitmoreMember
Zachary AlexanderMember
Amber BroughtonMember (resigned)
Cece ZhouMember (resigned)
Youngbok HongMember (resigned)
Kierstin JanikSecretary
Trevor ButlerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,986,630
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$18,317
All Other Contributions
$19,969
Change in Net Assets
$413,606

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,004,947
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,004,947
Total Revenue per Form 990
$2,004,947
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$904,388
Other Expenses$686,953
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$405,129$233,955-$639,084
Current Officers, Directors, Trustees, and Key Employees$114,809$87,610-$202,419
Fees for Services Other$69,642$48,569-$118,211
Interest-$98,647-$98,647
Depreciation Depletion$97,627--$97,627
Occupancy$63,956--$63,956
Payroll Taxes$35,467$13,028-$48,495
Insurance-$44,166-$44,166
Office Expenses$28,011$15,924-$43,935
Other Expenses$35,280--$35,280
Advertising-$24,219-$24,219
Fees for Services Accounting-$19,695-$19,695
Other Employee Benefits-$14,390-$14,390
All Other Expenses$3,177$11,145-$14,322
Information Technology$982--$982
Fees for Services Legal-$751-$751
Total Functional Expenses$979,242$612,099$0$1,591,341

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,591,341
Total Expenses per Audited Statements$1,591,341
Total Expenses per Form 990$1,591,341
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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 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
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, Section B, Line 11B

“Form 990 is sent to board members electronically to review and provide any questions or feedback.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is regularly discussed and monitored by the board president and executive director.”

Form 990, Part VI, Section B, Line 15

“The ceo is evaluated by the board. We have a full evaluation policy. The evaluation is not currently tied to pay. In year one, the ceo's pay was adjusted following the same guidelines as all other staff.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Invent Learning Hub Inc
EIN
82-5228511
Phone
3178324900
Address
1849 E PLEASANT RUN PKWY S DR, INDIANAPOLIS, IN 46203

Signing Officer

Name
Aleicha Ostler
Title
Executive Director
Phone
3178324900
Signed
2022-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aleicha Ostler
Formed
2018
Legal Domicile
In
Voting Board Members
10
Independent Board Members
10
Employees
16
Volunteers
0

Preparer

Firm
Donovan Pc
Address
5151 E US HWY 36, AVON, IN 46123
Preparer
Jeffrey M Donovan CPA Cva Maff
Phone
3177456411
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has a committee that oversees the audit of its financial statements and coordinates the audit firm selection process.”

Financial Statement Notes

PART X, LINE 2:

“Professional accounting standards require the school to recognize a tax liability only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax liability that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax liability is recorded. The school has examined this issue and has determined that there are no material contingent tax liabilities or questionable tax positions. Tax years ended after june 30, 2017 are open to audit for both federal and state purposes.”

Raw XML AppendixShowing 400 of 456 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/BOYAmt054612
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt081750
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0INVENT LEARNING HUB USES PERSONALIZED LEARNING AND DESIGN THINKING EXPERIENCES TO GROW COLLABORATIVE, ENTREPRENEURIAL PROBLEM-SOLVERS WHO LEAVE ILH WITH AN INDIVIDUALIZED POST-SECONDARY SUCCESS PLAN.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt024219
IRS990/AdvertisingGrp/TotalAmt024219
IRS990/AllOtherContributionsAmt019969
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt011145
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03177
IRS990/AllOtherExpensesGrp/TotalAmt014322
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOSHUA EDWARDS
IRS990/BooksInCareOfDetail/PhoneNum03178324900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01849 E PLEASANT RUN PKWY S DR
IRS990/BooksInCareOfDetail/USAddress/CityNm0INDIANAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046203
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0507653
IRS990/CashNonInterestBearingGrp/EOYAmt0811331
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt087610
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0114809
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0202419
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01986630
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0686953
IRS990/CYOtherRevenueAmt018317
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0413606
IRS990/CYSalariesCompEmpBnftPaidAmt0904388
IRS990/CYTotalExpensesAmt01591341
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02004947
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt056410
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt097627
IRS990/DepreciationDepletionGrp/TotalAmt097627
IRS990/Desc0WE WERE ABLE TO MAINTAIN BOTH A VIRTUAL AND IN SCHOOL OPTION ALL YEAR. EVEN WHEN THE ENTIRE SCHOOL WAS ON ELEARNING, WE WERE ABLE TO PROVIDE A LEARNING LAB FOR FAMILIES WHICH ALLOWED THEM TO STILL SEND THE STUDENT TO SCHOOL TO COMPLETE THEIR VIRUAL LEARNING.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt016
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0979242
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt019695
IRS990/FeesForServicesAccountingGrp/TotalAmt019695
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0751
IRS990/FeesForServicesLegalGrp/TotalAmt0751
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt048569
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt069642
IRS990/FeesForServicesOtherGrp/TotalAmt0118211
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt128639
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt131665
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm1TYLER EWIGLEBEN
IRS990/Form990PartVIISectionAGrp/PersonNm2TREVOR BUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm3KIERSTIN JANIK
IRS990/Form990PartVIISectionAGrp/PersonNm4NATALIE WENZLER
IRS990/Form990PartVIISectionAGrp/PersonNm5ZACHARY ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL WHITMORE
IRS990/Form990PartVIISectionAGrp/PersonNm7KIA WELLS
IRS990/Form990PartVIISectionAGrp/PersonNm8MEGHAN REUSCH
IRS990/Form990PartVIISectionAGrp/PersonNm9YOUNGBOK HONG
IRS990/Form990PartVIISectionAGrp/PersonNm10CECE ZHOU
IRS990/Form990PartVIISectionAGrp/PersonNm11AMBER BROUGHTON
IRS990/Form990PartVIISectionAGrp/PersonNm12ALEICHA OSTLER
IRS990/Form990PartVIISectionAGrp/PersonNm13JOSHUA EDWARDS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12123230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1342927
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER (RESIGNED)
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER (RESIGNED)
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER (RESIGNED)
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13ADMINISTRATIVE ASSISTANT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt01966661
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02004947
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0982
IRS990/InformationTechnologyGrp/TotalAmt0982
IRS990/InsuranceGrp/ManagementAndGeneralAmt044166
IRS990/InsuranceGrp/TotalAmt044166
IRS990/InterestGrp/ManagementAndGeneralAmt098647
IRS990/InterestGrp/TotalAmt098647
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0186958
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01973382
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01967187
IRS990/LandBldgEquipCostOrOtherBssAmt02154145
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0INVENT LEARNING HUB USES PERSONALIZED LEARNING AND DESIGN THINKING EXPERIENCES TO GROW COLLABORATIVE, ENTREPRENEURIAL PROBLEM-SOLVERS WHO LEAVE ILH WITH AN INDIVIDUALIZED POST-SECONDARY SUCCESS PLAN.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01448611
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01414376
IRS990/NetAssetsOrFundBalancesBOYAmt01033570
IRS990/NetAssetsOrFundBalancesEOYAmt01447176
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01033570
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01447176
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt063956
IRS990/OccupancyGrp/TotalAmt063956
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015924
IRS990/OfficeExpensesGrp/ProgramServicesAmt028011
IRS990/OfficeExpensesGrp/TotalAmt043935
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014390
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014390
IRS990/OtherExpensesGrp/Desc0FOOD COSTS
IRS990/OtherExpensesGrp/Desc1STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/ProgramServicesAmt053310
IRS990/OtherExpensesGrp/ProgramServicesAmt136550
IRS990/OtherExpensesGrp/ProgramServicesAmt235302
IRS990/OtherExpensesGrp/ProgramServicesAmt335280
IRS990/OtherExpensesGrp/TotalAmt053310
IRS990/OtherExpensesGrp/TotalAmt136550
IRS990/OtherExpensesGrp/TotalAmt235302
IRS990/OtherExpensesGrp/TotalAmt335280
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt018317
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt018317
IRS990/OtherRevenueTotalAmt018317
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0233955
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0405129
IRS990/OtherSalariesAndWagesGrp/TotalAmt0639084
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013028
IRS990/PayrollTaxesGrp/ProgramServicesAmt035467
IRS990/PayrollTaxesGrp/TotalAmt048495
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0112168
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0164784
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ALEICHA OSTLER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0WE WERE ABLE TO ESTABLISH A GRANT PARTNERSHIP WITH SOUTHEAST COMMUNITY SERVICES (COMMUNITY CENTER) TO START AN AFTER CARE PROGRAM FOR FAMILIES WHERE TUTORING AND ENRICHMENT OPPORTUNITIES ARE PROVIDED.
IRS990/ProgSrvcAccomActy3Grp/Desc0EVEN THOUGH STUDENTS WERE NOT ABLE TO MOVE ROOMS, WE WERE ABLE TO MAINTAIN OUR DESIGN THINKING PROGRAM BY HAVING THAT TEACHER WORK ON A CART AND SETTING UP EXHIBIIONS FOR FAMILIES THAT WERE VIRTUAL EXPERIENCES.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01625960
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0660986
IRS990/PYOtherRevenueAmt0295291
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0381832
IRS990/PYSalariesCompEmpBnftPaidAmt0878433
IRS990/PYTotalExpensesAmt01539419
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01921251
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0413606
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0743867
IRS990ScheduleD/BuildingsGrp/DepreciationAmt053133
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0797000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0194747
IRS990ScheduleD/EquipmentGrp/DepreciationAmt067088
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0261835
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01591341
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt063000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt063000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0965573
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt066737
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01032310
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02004947
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROFESSIONAL ACCOUNTING STANDARDS REQUIRE THE SCHOOL TO RECOGNIZE A TAX LIABILITY ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX LIABILITY THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX LIABILITY IS RECORDED. THE SCHOOL HAS EXAMINED THIS ISSUE AND HAS DETERMINED THAT THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. TAX YEARS ENDED AFTER JUNE 30, 2017 ARE OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01967187
IRS990ScheduleD/TotalExpensesPerForm990Amt01591341
IRS990ScheduleD/TotalRevenuePerForm990Amt02004947
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02004947
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01591341
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0WE INCLUDE A STATEMET ON THE WEBSITE AND IN OUR HANDBOOKS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT AWARD SCHOLARSHIPS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL RECEIVES GRANTS AND SUPPORT FROM BOTH FEDERAL AND STATE GOVERNMENT AGENCIES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS SENT TO BOARD MEMBERS ELECTRONICALLY TO REVIEW AND PROVIDE ANY QUESTIONS OR FEEDBACK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS REGULARLY DISCUSSED AND MONITORED BY THE BOARD PRESIDENT AND EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CEO IS EVALUATED BY THE BOARD. WE HAVE A FULL EVALUATION POLICY. THE EVALUATION IS NOT CURRENTLY TIED TO PAY. IN YEAR ONE, THE CEO'S PAY WAS ADJUSTED FOLLOWING THE SAME GUIDELINES AS ALL OTHER STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS A COMMITTEE THAT OVERSEES THE AUDIT OF ITS FINANCIAL STATEMENTS AND COORDINATES THE AUDIT FIRM SELECTION PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02593203
IRS990/TotalAssetsEOYAmt02943302
IRS990/TotalAssetsGrp/BOYAmt02593203
IRS990/TotalAssetsGrp/EOYAmt02943302
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01986630
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0612099
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0979242
IRS990/TotalFunctionalExpensesGrp/TotalAmt01591341
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01559633
IRS990/TotalLiabilitiesEOYAmt01496126
IRS990/TotalLiabilitiesGrp/BOYAmt01559633
IRS990/TotalLiabilitiesGrp/EOYAmt01496126
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01033570
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01447176

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
$2,943,302
Liabilities
$1,496,126
Net assets
$1,447,176
Revenue
$2,004,947
Expenses
$1,591,341
Net income
$413,606
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.72$1.46$2.26$3.79$3.52$0.28
2023Detailed filing. Detailed filing data is available for this year.$3.42$1.44$1.99$3.09$2.95$0.14
2022Detailed filing. Detailed filing data is available for this year.$3.29$1.44$1.85$2.60$2.20$0.40
2021Detailed filing. Detailed filing data is available for this year.$2.94$1.50$1.45$2.00$1.59$0.41
2020Detailed filing. Detailed filing data is available for this year.$2.59$1.56$1.03$1.92$1.54$0.38
2019Detailed filing. Detailed filing data is available for this year.$0.21$0.08$0.13$0.48$0.36$0.12