Civic Intelligence

New Plan Learning Inc.

990 • Fiscal year 2017 • EIN 86-1152266

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 30, 2017

Organization Profilewww.newplanlearning.org
2250 E Devon Room 239Des Plaines, IL 60018

(847) 376-8404

Siviq Scores

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

Liabilities / Assets

84th percentile

0.77x

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

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

99th percentile

26.65x

Higher debt load relative to revenue than 99% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Net Margin

95th percentile

68%

Higher net margin than 95% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

44th percentile

4.3%

Faster asset growth than 44% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

7th percentile

-26%

Faster revenue growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$63,745,835

Up $2,646,818 (+4.3%) from 2016

Net Assets

Up

$14,490,964

Up $1,250,098 (+9.4%) from 2016

Liabilities

Up

$49,254,871

Up $1,396,720 (+2.9%) from 2016

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin95th percentile

Revenue

Down

$1,848,130

Down $642,296 (-26%) from 2016

Expenses

Down

$586,605

Down $162,452 (-22%) from 2016

Net Income

Down

$1,261,525

Down $479,844 (-28%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$80M$60M$40M$20M$0Assets 2011: $9,027,397Liabilities 2011: $7,963,704Net Assets 2011: $1,063,6932011Assets 2012: $45,855,994Liabilities 2012: $42,564,146Net Assets 2012: $3,291,8482012Assets 2013: $47,976,833Liabilities 2013: $40,639,095Net Assets 2013: $7,337,7382013Assets 2014: $54,206,845Liabilities 2014: $44,986,804Net Assets 2014: $9,220,0412014Assets 2015: $58,141,214Liabilities 2015: $46,641,717Net Assets 2015: $11,499,4972015Assets 2016: $61,099,017Liabilities 2016: $47,858,151Net Assets 2016: $13,240,8662016Assets 2017: $63,745,835Liabilities 2017: $49,254,871Net Assets 2017: $14,490,9642017Assets 2018: $61,550,863Liabilities 2018: $46,953,378Net Assets 2018: $14,597,4852018Assets 2019: $61,675,479Liabilities 2019: $45,633,182Net Assets 2019: $16,042,2972019Assets 2020: $59,554,151Liabilities 2020: $42,136,663Net Assets 2020: $17,417,4882020Assets 2021: $59,621,887Liabilities 2021: $41,504,440Net Assets 2021: $18,117,4472021Assets 2022: $53,129,609Liabilities 2022: $31,415,448Net Assets 2022: $21,714,1612022Assets 2023: $53,612,060Liabilities 2023: $29,907,733Net Assets 2023: $23,704,3272023

Highlighted filing

2017

Assets$63,745,835
Liabilities$49,254,871
Net Assets$14,490,964
Open 2017 Filing

Operations Trend

Revenue Growth7th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: -$179,846Expenses 2011: $0Net Income 2011: -$179,8462011Revenue 2012: $2,433,563Expenses 2012: $205,408Net Income 2012: $2,228,1552012Revenue 2013: $3,331,130Expenses 2013: $974,675Net Income 2013: $2,356,4552013Revenue 2014: $3,233,788Expenses 2014: $1,288,983Net Income 2014: $1,944,8052014Revenue 2015: $3,809,331Expenses 2015: $1,529,874Net Income 2015: $2,279,4572015Revenue 2016: $2,490,426Expenses 2016: $749,057Net Income 2016: $1,741,3692016Revenue 2017: $1,848,130Expenses 2017: $586,605Net Income 2017: $1,261,5252017Revenue 2018: $2,774,330Expenses 2018: $2,201,342Net Income 2018: $572,9882018Revenue 2019: $2,304,148Expenses 2019: $859,336Net Income 2019: $1,444,8122019Revenue 2020: $2,349,926Expenses 2020: $974,735Net Income 2020: $1,375,1912020Revenue 2021: $1,695,990Expenses 2021: $996,031Net Income 2021: $699,9592021Revenue 2022: $4,516,142Expenses 2022: $919,428Net Income 2022: $3,596,7142022Revenue 2023: $2,788,211Expenses 2023: $2,027,772Net Income 2023: $760,4392023

Highlighted filing

2017

Revenue$1,848,130
Expenses$586,605
Net Income$1,261,525
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 30, 2017
Return Version
2016v3.0
Gross Receipts
$7,072,843
Mission and Program Overview

Mission

Provide facilities and facility management to public charter schools

Provide facilities and facility management to charter schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$46,999,659$46,612,125▼ $387,534
Cash and Non-Interest-Bearing Accounts$3,108,610$3,592,014▲ $483,404
Intangible Assets$1,793,989$1,666,924▼ $127,065
Inventories for Sale or Use-$1,206,973-
Accounts Receivable$730,418$646,755▼ $83,663
Total Assets$61,099,017$63,745,835▲ $2,646,818
Other Assets Total$8,466,341$10,021,044▲ $1,554,703
Liabilities
Tax Exempt Bond Liabilities$32,650,000$32,395,000▼ $255,000
Mortgage Notes Payable Secured by Investment Property$14,984,651$16,187,835▲ $1,203,184
Other Liabilities$181,597$629,192▲ $447,595
Accounts Payable and Accrued Expenses$41,903$42,844▲ $941
Total Liabilities$47,858,151$49,254,871▲ $1,396,720
Net Assets / Fund Balance
Unrestricted Net Assets$13,240,866$14,490,964▲ $1,250,098
Total Net Assets Fund Balance$13,240,866$14,490,964▲ $1,250,098
Total Liabilities and Net Assets / Fund Balance$61,099,017$63,745,835▲ $2,646,818

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$41,249,279$5,152,587$46,401,866
Land$5,347,832-$5,347,832
Equipment$15,014$27,050$42,064
Other Assets Org$3,867,617--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Murat ArabaciPresidentFT$89,487$89,487

Board Members and Trustees

NameTitle
Savas Kaya PHDBoard President
Bulent GulerBd member
Ozer AsdemirBd member
Yilmaz SozerBd member
Nuh Aydin PHDSecretary
Adem Cakmak PHDTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,099,484
Investment Income
$26,307
Other Revenue
$722,339
Change in Net Assets
$1,261,525
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$369,980
Other Expenses$122,830
Grants and Similar Amounts Paid$93,795
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$318,994-$318,994
Grants to Domestic Orgs$93,795--$93,795
Travel$38,007--$38,007
Payroll Taxes-$35,212-$35,212
Occupancy-$24,899-$24,899
Other Employee Benefits-$15,774-$15,774
Office Expenses-$13,243-$13,243
Fees for Services Legal-$12,914-$12,914
Fees for Services Accounting-$10,000-$10,000
Other Expenses-$6,505-$6,505
Insurance-$3,509-$3,509
Total Functional Expenses$131,802$454,803$0$586,605
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
fr Bethel---$50,000
Cmsa---$13,000
HSA Cleveland---$10,000
HSA Columbus---$4,000
HSA Toldo---$3,500
Concept Schools---$3,000
Imsa---$1,500
Hsa Dayton---$500
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$535,152
Due to subsidiary$63,000
Tenant security deposits$31,040
Construction deposits-

Bond Issues

BondIssuerIssuedIssue PricePurpose
CPima County Ohio2011-09-01$16,605,000Acquisition of school property
APima County Ohio2011-09-01$14,585,000Acquisition of school property
BPima County Ohio2011-09-01$1,385,000Acquisition of school property
D----

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
C$16,605,000---
A$14,585,000---
B$1,385,000---

Bond Financing Compliance

No rebate due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
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 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

Form 990, Part VI, Section B, Line 11B

“Entitys management reviews the 990 before issuance”

Form 990, Part VI, Section C, Line 19

“All documents are available to the public during normal business hours upon request”

Filing and Contact Details

Filer

Filer Name
New Plan Learning Inc
EIN
86-1152266
Phone
8473768404
Address
2250 E Devon Room 239, Des Plaines, IL 60018

Signing Officer

Name
Kairat Mavlyankulov
Title
CFO
Signed
2017-11-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Murat Arabaci
Formed
2005
Voting Board Members
3
Independent Board Members
3
Employees
8

Preparer

Firm
Rosetree & Company Ltd
Address
8831 Kenneth, Skokie, IL 60076
Preparer
Richard Rosenbaum
Phone
8476734010
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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/SupportedOrgInformationGrp/OtherSupportAmt40
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt60
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt70
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt80
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt90
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt100
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt110
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt120
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt40
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt50
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt60
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt70
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt80
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt90
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt110
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Horizon Science Academy-Cleveland High School
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1Horizon Science Academy-Cleveland Middle School
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2Horizon Science Academy-Denison Middle School
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3Horizon Science Academy-Columbus Middle School
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4Horizon Science Academy-Cincinnati School
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt5Horizon Science Academy-Dayton High School
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt6Chicago Mathematics and Science Academy
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt7Horizon Science Academy-Toledo High School
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt8Horizon Science Academy-Springfield School
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt9Horizon Science Academy-Lorain School
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt10Indiana Mathematics and Science Academy South
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt11Gateway Science Academy of St Louis south
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt12Minnesota Math and Science Academy
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12095810
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to subsidiary
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Tenant security deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Construction deposits
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt046612125
IRS990ScheduleD/TotalBookValueOtherAssetsAmt010021044
IRS990ScheduleD/TotalLiabilityAmt0629192
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IRS990ScheduleI/RecipientTable/CashGrantAmt34000
IRS990ScheduleI/RecipientTable/CashGrantAmt410000
IRS990ScheduleI/RecipientTable/CashGrantAmt513000
IRS990ScheduleI/RecipientTable/CashGrantAmt63000
IRS990ScheduleI/RecipientTable/CashGrantAmt750000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt08295
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HSA Toldo
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1IMSA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$63,745,835
Liabilities
$49,254,871
Net assets
$14,490,964
Revenue
$1,848,130
Expenses
$586,605
Net income
$1,261,525
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$53.6$29.9$23.7$2.79$2.03$0.76
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$53.1$31.4$21.7$4.52$0.92$3.60
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.6$41.5$18.1$1.70$1.00$0.70
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.6$42.1$17.4$2.35$0.97$1.38
2019Summary only. Only limited summary data is available for this year.$61.7$45.6$16.0$2.30$0.86$1.44
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.6$47.0$14.6$2.77$2.20$0.57
2017Detailed filing. Detailed filing data is available for this year.$63.7$49.3$14.5$1.85$0.59$1.26
2016Summary only. Only limited summary data is available for this year.$61.1$47.9$13.2$2.49$0.75$1.74
2015Detailed filing. Detailed filing data is available for this year.$58.1$46.6$11.5$3.81$1.53$2.28
2014Summary only. Only limited summary data is available for this year.$54.2$45.0$9.22$3.23$1.29$1.94
2013Summary only. Only limited summary data is available for this year.$48.0$40.6$7.34$3.33$0.97$2.36
2012Summary only. Only limited summary data is available for this year.$45.9$42.6$3.29$2.43$0.21$2.23
2011Summary only. Only limited summary data is available for this year.$9.03$7.96$1.06$0.18$0.00$0.18