Civic Intelligence

Eddyville Charter School Inc.

990 • Fiscal year 2020 • EIN 87-0691702

Jul 01, 2019 to Jun 30, 2020 • Filed on Sep 10, 2020

PO Box 68Eddyville, OR 97343

(541) 875-2942

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.01x

Higher debt load relative to assets than 93% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

0.72x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

24th percentile

-8.7%

Higher net margin than 24% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

85th percentile

$156,237

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

14th percentile

-5.4%

Faster asset growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

63rd percentile

8.3%

Faster revenue growth than 63% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,896,382

Down $108,177 (-5.4%) from 2019

Net Assets

Down

-$21,388

Down $230,094 (-110%) from 2019

Liabilities

Up

$1,917,770

Up $121,917 (+6.8%) from 2019

Revenue

Up

$2,656,603

Up $202,944 (+8.3%) from 2019

Expenses

Up

$2,886,697

Up $504,519 (+21%) from 2019

Net Income

Down

-$230,094

Down $301,575 (-422%) from 2019

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $429,739Liabilities 2011: $111,149Net Assets 2011: $318,5902011Assets 2012: $512,799Liabilities 2012: $118,424Net Assets 2012: $394,3752012Assets 2013: $402,055Liabilities 2013: $155,522Net Assets 2013: $246,5332013Assets 2014: $396,616Liabilities 2014: $140,838Net Assets 2014: $255,7782014Assets 2015: $930,642Liabilities 2015: $481,339Net Assets 2015: $449,3032015Assets 2016: $995,546Liabilities 2016: $1,083,986Net Assets 2016: -$88,4402016Assets 2017: $1,972,443Liabilities 2017: $1,931,015Net Assets 2017: $41,4282017Assets 2018: $1,776,609Liabilities 2018: $1,639,384Net Assets 2018: $137,2252018Assets 2019: $2,004,559Liabilities 2019: $1,795,853Net Assets 2019: $208,7062019Assets 2020: $1,896,382Liabilities 2020: $1,917,770Net Assets 2020: -$21,3882020Assets 2021: $2,546,333Liabilities 2021: $2,448,983Net Assets 2021: $97,3502021Assets 2022: $3,466,751Liabilities 2022: $3,132,493Net Assets 2022: $334,2582022Assets 2023: $2,963,039Liabilities 2023: $2,739,674Net Assets 2023: $223,3652023Assets 2024: $3,552,265Liabilities 2024: $3,533,488Net Assets 2024: $18,7772024

Highlighted filing

2020

Assets$1,896,382
Liabilities$1,917,770
Net Assets-$21,388

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,791,049Expenses 2011: $1,652,474Net Income 2011: $138,5752011Revenue 2012: $1,866,457Expenses 2012: $1,790,672Net Income 2012: $75,7852012Expenses 2013: $2,003,8092013Revenue 2014: $2,018,904Expenses 2014: $2,009,659Net Income 2014: $9,2452014Revenue 2015: $2,197,874Expenses 2015: $1,558,926Net Income 2015: $638,9482015Revenue 2016: $2,128,168Expenses 2016: $2,665,911Net Income 2016: -$537,7432016Revenue 2017: $2,329,423Expenses 2017: $2,199,555Net Income 2017: $129,8682017Revenue 2018: $2,337,811Expenses 2018: $2,242,014Net Income 2018: $95,7972018Revenue 2019: $2,453,659Expenses 2019: $2,382,178Net Income 2019: $71,4812019Revenue 2020: $2,656,603Expenses 2020: $2,886,697Net Income 2020: -$230,0942020Revenue 2021: $3,167,332Expenses 2021: $3,048,594Net Income 2021: $118,7382021Revenue 2022: $3,746,232Expenses 2022: $3,509,324Net Income 2022: $236,9082022Revenue 2023: $3,650,807Expenses 2023: $3,761,700Net Income 2023: -$110,8932023Revenue 2024: $3,771,894Expenses 2024: $3,976,482Net Income 2024: -$204,5882024

Highlighted filing

2020

Revenue$2,656,603
Expenses$2,886,697
Net Income-$230,094
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Sep 10, 2020
Return Version
2019v5.1
Gross Receipts
$2,656,603
Mission and Program Overview

Mission

To provide education for grades k through 12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$909,175$681,294▼ $227,881
Cash and Non-Interest-Bearing Accounts$239,995$255,664▲ $15,669
Land, Buildings, and Equipment, Net$195,371$230,248▲ $34,877
Accounts Receivable$16,030--
Total Assets$2,004,559$1,896,382▼ $108,177
Other Assets Total$643,988$729,176▲ $85,188
Liabilities
Other Liabilities$1,618,910$1,734,825▲ $115,915
Accounts Payable and Accrued Expenses$176,943$182,945▲ $6,002
Total Liabilities$1,795,853$1,917,770▲ $121,917
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$208,706$-21,388▼ $230,094
Total Net Assets Fund Balance$208,706$-21,388▼ $230,094
Total Liabilities and Net Assets / Fund Balance$2,004,559$1,896,382▼ $108,177

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$134,725$160,000$294,725
Equipment$95,523$116,397$211,920
Other Assets Org$729,176--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stacy KnudsonPrincipalFT$102,000$54,237$156,237

Board Members and Trustees

NameTitle
Ryan GassnerBoard Chairman
Larry CookVice Chairman
Abe SilvonenDirector
John LancasterDirector
Lisa RorieDirector
Rebecca Phillips-suttonDirector
Stephanie MekemsonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,556,745
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$99,858
All Other Contributions
$64,643
Change in Net Assets
$-230,094

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,656,603
Total Revenue per Audited Statements
$2,656,603
Total Revenue per Form 990
$2,656,603
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,148,957
Other Expenses$737,740
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$934,396$300,834-$1,235,230
Pension Plan Contributions$295,929$108,718-$404,647
Other Employee Benefits$138,432$80,619-$219,051
Travel$3,155$168,790-$171,945
Current Officers, Directors, Trustees, and Key Employees-$156,237-$156,237
Occupancy-$137,337-$137,337
Payroll Taxes$93,222$40,570-$133,792
Insurance-$36,386-$36,386
Information Technology$1,404$30,682-$32,086
Depreciation Depletion$14,091$11,552-$25,643
Fees for Services Accounting-$14,100-$14,100
Fees for Services Other$5,024$6,102-$11,126
Office Expenses-$1,071-$1,071
Other Expenses$31,140$965-$965
Advertising-$5-$5
Total Functional Expenses$1,594,163$1,292,534$0$2,886,697

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,886,697
Total Expenses per Audited Statements$2,886,697
Total Expenses per Form 990$2,886,697
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,939
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Elementary$3,575$3,575-$3,575
Class of 20$3,386$3,386-$3,386
Total Events$20,939$20,939-$20,939
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$1,548,530
Pension Related Deferrals$186,295
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 governing body review Part VI line 11

A copy of the draft of the 990 is available for all voting members of the board to review between three to five business days before it is signed and submitted to the internal revenue service. Each board member is notified and an electronic copy is available upon request.

Conflict of interest policy compliance Part VI line 12C

The board of directors approves all significant financial transactions and potential conflicts of interest are always evaluated prior to approval.

CEO executive director top management comp Part VI line 15A

The school contracts with the oregon school district for multiple services including management. Managements salaries are based on the districts approved salary scale.

Other officer or key employee compensation Part VI line 15B

The school contracts with the oregon school district for multiple services including management. Managements salaries are based on the districts approved salary scale.

Governing documents etc available to public Part VI line 19

The organizations governing documents, conflict of interest policy, and financial statements are generally available upon request.

Filing and Contact Details

Filer

Filer Name
Eddyville Charter School
EIN
87-0691702
Address
PO BOX 68, Eddyville, OR 97343

Signing Officer

Name
Stacy Knudson
Title
Principal
Phone
5418752942
Signed
2020-09-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stacy Knudson
Formed
2003
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
47
Volunteers
200

Preparer

Firm
Pauly Rogers & Co Pc
Address
12700 SW 72ND AVE, TIGARD, OR 97223
Preparer
Roy R Rogers
Phone
5036202632
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0681294
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0160000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0294725
IRS990ScheduleD/EquipmentGrp/BookValueAmt095523
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0116397
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0211920
IRS990ScheduleD/ExpensesSubtotalAmt02886697
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PENSION RELATED DEFERRALS
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1186295
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PENSION RELATED DEFERRALS
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt0729176
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IRS990ScheduleD/TotalLiabilityAmt01734825
IRS990ScheduleD/TotalRevenuePerForm990Amt02656603
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IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
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IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION RECEIVES STATE AND FEDERAL GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Governmental Agency Financial Aid (Questions 6a and 6b)
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ELEMENTARY
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CLASS OF 20
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt03386
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt013978
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt013978
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt020939
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt020939
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE DRAFT OF THE 990 IS AVAILABLE FOR ALL VOTING MEMBERS OF THE BOARD TO REVIEW BETWEEN THREE TO FIVE BUSINESS DAYS BEFORE IT IS SIGNED AND SUBMITTED TO THE INTERNAL REVENUE SERVICE. EACH BOARD MEMBER IS NOTIFIED AND AN ELECTRONIC COPY IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS APPROVES ALL SIGNIFICANT FINANCIAL TRANSACTIONS AND POTENTIAL CONFLICTS OF INTEREST ARE ALWAYS EVALUATED PRIOR TO APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL CONTRACTS WITH THE OREGON SCHOOL DISTRICT FOR MULTIPLE SERVICES INCLUDING MANAGEMENT. MANAGEMENTS SALARIES ARE BASED ON THE DISTRICTS APPROVED SALARY SCALE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL CONTRACTS WITH THE OREGON SCHOOL DISTRICT FOR MULTIPLE SERVICES INCLUDING MANAGEMENT. MANAGEMENTS SALARIES ARE BASED ON THE DISTRICTS APPROVED SALARY SCALE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE GENERALLY AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01594163
IRS990/TotalFunctionalExpensesGrp/TotalAmt02886697
IRS990/TotalGrossUBIAmt00
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IRS990/TotalProgramServiceExpensesAmt01594163
IRS990/TotalReportableCompFromOrgAmt0102000
IRS990/TotalRevenueGrp/ExclusionAmt020939
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt078919
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02656603
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02004559
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01896382
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0168790
IRS990/TravelGrp/ProgramServicesAmt03155
IRS990/TravelGrp/TotalAmt0171945
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01 EDDYVILLE SCHOOL RD
IRS990/USAddress/CityNm0Eddyville
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097343
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0EDDYVILLECHARTERSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$3.55$3.53$0.02$3.77$3.98$0.20
2023Summary only. Only limited summary data is available for this year.$2.96$2.74$0.22$3.65$3.76$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.47$3.13$0.33$3.75$3.51$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.55$2.45$0.10$3.17$3.05$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.90$1.92$0.02$2.66$2.89$0.23
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$1.80$0.21$2.45$2.38$0.07
2018Summary only. Only limited summary data is available for this year.$1.78$1.64$0.14$2.34$2.24$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$1.93$0.04$2.33$2.20$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.00$1.08$0.09$2.13$2.67$0.54
2015Summary only. Only limited summary data is available for this year.$0.93$0.48$0.45$2.20$1.56$0.64
2014Detailed filing. Detailed filing data is available for this year.$0.40$0.14$0.26$2.02$2.01$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.16$0.25$2.00
2012Summary only. Only limited summary data is available for this year.$0.51$0.12$0.39$1.87$1.79$0.08
2011Summary only. Only limited summary data is available for this year.$0.43$0.11$0.32$1.79$1.65$0.14
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $1M-$5M nonprofits