Civic Intelligence

Runestone Academy Ltd.

990EZ • Fiscal year 2023 • EIN 87-4310817

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 15, 2024

Organization Profilerunestone.academy
2161 Maier CtLuck, WI 54853

(563) 419-2313

Siviq Scores

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

Liabilities / Assets

89th percentile

0.42x

Higher debt load relative to assets than 89% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

0.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

56th percentile

6.6%

Higher net margin than 56% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$48,201

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 44.6% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

33rd percentile

-9.3%

Faster asset growth than 33% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

73rd percentile

31%

Faster revenue growth than 73% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$13,719

Down $1,408 (-9.3%) from 2022

Net Assets

Up

$7,998

Up $7,159 (+853%) from 2022

Liabilities

Down

$5,721

Down $8,567 (-60%) from 2022

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin56th percentile

Revenue

Up

$108,061

Up $25,521 (+31%) from 2022

Expenses

Up

$100,902

Up $19,201 (+24%) from 2022

Net Income

Up

$7,159

Up $6,320 (+753%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$150K$100K$50K$0Assets 2022: $15,127Liabilities 2022: $14,288Net Assets 2022: $8392022Assets 2023: $13,719Liabilities 2023: $5,721Net Assets 2023: $7,9982023Assets 2024: $104,268Liabilities 2024: $93,255Net Assets 2024: $11,0132024

Highlighted filing

2023

Assets$13,719
Liabilities$5,721
Net Assets$7,998
Open 2023 Filing

Operations Trend

Revenue Growth73rd percentile

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

$200K$150K$100K$50K$0Revenue 2022: $82,540Expenses 2022: $81,701Net Income 2022: $8392022Revenue 2023: $108,061Expenses 2023: $100,902Net Income 2023: $7,1592023Revenue 2024: $168,869Expenses 2024: $165,854Net Income 2024: $3,0152024

Highlighted filing

2023

Revenue$108,061
Expenses$100,902
Net Income$7,159
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 15, 2024
Return Version
2023v5.0
Gross Receipts
$108,061
Mission and Program Overview

Mission

Provide free online interactive textbooks.

Program Services

DescriptionGrantsExpenses
Runestone Academy provided online interactive textbooks, grading, and analysis to over 80,000 students and instructors in 2023. We hosted 4,900 courses in 2023. We now have 100 textbooks in our library. We launched a new website that is more user friendly and markets our free textbooks more clearly.$0$100,902
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bradley MillerPresidentFT$42,000$6,201$48,201
Jane MillerCFO/TreasurerPT$7,000-$7,000
Paul ResnickBoard Member-$0--
David FarmerBoard Member-$0--
Susan RodgerBoard Member-$0--
Daniel FenjvesBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Runestone Academy Ltd
EIN
87-4310817
Phone
5634192313
Address
2161 Maier Ct, Luck, WI 54853

Signing Officer

Name
Jane Miller
Title
CFO
Phone
5634192313
Signed
2024-03-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Computer - Internet / Hosting $8,804, Insurance - cyber $754, Travel Expenses $6,218, Office Expenses - software / supplies $1,995, Small tools & equipment $2,160, Donation Credit card fees $2,087”

Form 990-EZ, Part II, Line 24

“Accounts Receivable $9,970”

Form 990-EZ, Part II, Line 26

“Accounts Payable $4,235, Payroll Liabilities $1,486”

Raw XML Appendix173 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt17000
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt06201
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Bradley Miller
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jane Miller
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Paul Resnick
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3David Farmer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Susan Rodger
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Daniel Fenjves
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO/Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt010110
IRS990EZ/OtherAssetsTotalDetail/EOYAmt09970
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt022018
IRS990EZ/OtherRevenueTotalAmt00
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Provide free online interactive textbooks.
IRS990EZ/PrintingPublicationsPostageAmt01120
IRS990EZ/ProgramServiceRevenueAmt029460
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SalariesOtherCompEmplBnftAmt058645
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0WI
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt014288
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt05721
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0runestone.academy
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt074807
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt042533
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0117340
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03794
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt020282
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IRS990ScheduleA/PublicSupportTotal170Amt0117340
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0117340
IRS990ScheduleA/TotalSupportAmt0137622
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Computer - Internet / Hosting $8,804, Insurance - cyber $754, Travel Expenses $6,218, Office Expenses - software / supplies $1,995, Small tools & equipment $2,160, Donation Credit card fees $2,087
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Accounts Receivable $9,970
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Accounts Payable $4,235, Payroll Liabilities $1,486
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Jane Miller
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum05634192313
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-15
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ReturnHeader/Filer/PhoneNum05634192313
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-03-22T18:11:12-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jane
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Miller
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,719
Liabilities
$5,721
Net assets
$7,998
Revenue
$108,061
Expenses
$100,902
Net income
$7,159
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.04$0.93$0.11$1.69$1.66$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.14$0.06$0.08$1.08$1.01$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.15$0.14$0.01$0.83$0.82$0.01