Civic Intelligence

New Plan Learning Inc.

990 • Fiscal year 2018 • EIN 86-1152266

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 12, 2019

Organization Profilewww.newplanlearning.org
1336 Basswood Rd Room 200HSchaumburg, IL 60173

(847) 376-8404

Siviq Scores

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

Liabilities / Assets

84th percentile

0.76x

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

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

16.92x

Higher debt load relative to revenue than 98% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Net Margin

77th percentile

21%

Higher net margin than 77% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

21st percentile

-3.4%

Faster asset growth than 21% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

90th percentile

50%

Faster revenue growth than 90% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$61,550,863

Down $2,194,972 (-3.4%) from 2017

Net Assets

Up

$14,597,485

Up $106,521 (+0.7%) from 2017

Liabilities

Down

$46,953,378

Down $2,301,493 (-4.7%) from 2017

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin77th percentile

Revenue

Up

$2,774,330

Up $926,200 (+50%) from 2017

Expenses

Up

$2,201,342

Up $1,614,737 (+275%) from 2017

Net Income

Down

$572,988

Down $688,537 (-55%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth21st 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

2018

Assets$61,550,863
Liabilities$46,953,378
Net Assets$14,597,485
Open 2018 Filing

Operations Trend

Revenue Growth90th 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

2018

Revenue$2,774,330
Expenses$2,201,342
Net Income$572,988
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 12, 2019
Return Version
2017v2.3
Gross Receipts
$6,650,940
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$46,612,125$44,601,735▼ $2,010,390
Cash and Non-Interest-Bearing Accounts$3,592,014$4,661,211▲ $1,069,197
Intangible Assets$1,666,924$1,551,816▼ $115,108
Inventories for Sale or Use$1,206,973--
Accounts Receivable$646,755$660,633▲ $13,878
Total Assets$63,745,835$61,550,863▼ $2,194,972
Other Assets Total$10,021,044$10,075,468▲ $54,424
Liabilities
Tax Exempt Bond Liabilities$32,395,000$31,615,000▼ $780,000
Mortgage Notes Payable Secured by Investment Property$16,187,835$14,642,945▼ $1,544,890
Other Liabilities$629,192$598,152▼ $31,040
Accounts Payable and Accrued Expenses$42,844$97,281▲ $54,437
Total Liabilities$49,254,871$46,953,378▼ $2,301,493
Net Assets / Fund Balance
Unrestricted Net Assets$14,490,964$14,597,485▲ $106,521
Total Net Assets Fund Balance$14,490,964$14,597,485▲ $106,521
Total Liabilities and Net Assets / Fund Balance$63,745,835$61,550,863▼ $2,194,972

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$39,280,795$4,961,486$45,412,703
Land$5,301,332-$5,301,332
Equipment$19,608$38,226$49,949
Other Assets Org$3,956,302--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Murat ArabaciPresidentFT$79,283$79,283
Tamer CopurogluCEOFT$64,167$64,167

Board Members and Trustees

NameTitle
Savas Kaya PHDBoard President
Ziya BaghmanliBd member
Oner KirkSecretary
Ozer AsdemirTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$862,218
Investment Income
$49,723
Other Revenue
$1,862,389
Change in Net Assets
$572,988

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,774,330
Revenue Not Reported on Form 990
$3,876,610
Total Revenue per Audited Statements
$6,650,940
Total Revenue per Form 990
$2,774,330
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,638,636
Salaries, Compensation, and Employee Benefits$535,706
Grants and Similar Amounts Paid$27,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,294,686--$1,294,686
Current Officers, Directors, Trustees, and Key Employees-$224,922-$224,922
Other Salaries and Wages-$203,956-$203,956
Other Expenses$72,980$52,297-$125,277
Other Employee Benefits-$74,314-$74,314
Conferences and Meetings$44,626--$44,626
Office Expenses$39,165--$39,165
Occupancy$37,075--$37,075
Fees for Services Management$32,812--$32,812
Payroll Taxes-$32,514-$32,514
Grants to Domestic Orgs$27,000--$27,000
Fees for Services Accounting-$10,000-$10,000
Total Functional Expenses$1,603,339$598,003$0$2,201,342

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,544,419
Expenses Not Reported on Form 990$4,343,077
Expenses per Audited Statements$2,201,342
Total Expenses per Form 990$2,201,342
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cmsa-501-c-3scholarships$21,000
Concept Schools-501-c-3scholarships$3,000
HSA Cleveland-501-c-3scholarships$1,500
Gsa-501-c-3scholarships$500
HSA Columbus-501-c-3scholarships$500
HSA Toledo-501-c-3scholarships$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-
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
No
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
Yes
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
EIN
86-1152266
Phone
8473768404
Address
1336 Basswood Rd Room 200H, Schaumburg, IL 60173

Signing Officer

Name
Kairat Mavlyankulov
Title
CFO
Signed
2019-01-12
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
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Loss on sale of assets”

Financial Statement Notes

XI 2D

“Direct rental expenses”

XII 2D

“Direct rental expenses”

XII 2C

“Loss on sale of assets”

Raw XML AppendixShowing 400 of 699 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.

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IRS990/PYTotalExpensesAmt0586605
IRS990/PYTotalRevenueAmt01848130
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IRS990ScheduleA/SupportedOrganizationsCnt013
IRS990ScheduleA/SupportedOrganizationsTotalCnt013
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt40
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt50
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
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt100
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt110
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt120
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/BuildingsGrp/DepreciationAmt04961486
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IRS990ScheduleD/EquipmentGrp/BookValueAmt019608
IRS990ScheduleD/EquipmentGrp/DepreciationAmt038226
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt049949
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IRS990ScheduleD/LandGrp/BookValueAmt05301332
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05301332
IRS990ScheduleD/LossesReportedAmt0466467
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11516290
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt23956302
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Investment in Breeze, Inc
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Accrued rental income
IRS990ScheduleD/OtherExpensesIncludedAmt03876610
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0535152
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt163000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to subsidiary
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Tenant security deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Construction deposits
IRS990ScheduleD/OtherRevenueAmt03876610
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt03876610
IRS990ScheduleD/RevenueSubtotalAmt02774330
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Direct rental expenses
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Direct rental expenses
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Loss on sale of assets
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0XI 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1XII 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2XII 2c

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$61,550,863
Liabilities
$46,953,378
Net assets
$14,597,485
Revenue
$2,774,330
Expenses
$2,201,342
Net income
$572,988
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
2018Detailed filing. Detailed filing data is available for this year.$61.6$47.0$14.6$2.77$2.20$0.57
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$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