Civic Intelligence

Bend International School Inc.

990 • Fiscal year 2018 • EIN 93-1331681

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 07, 2019

63020 Ob Riley RdBend, OR 97701

(541) 797-7038

Siviq Scores

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

Liabilities / Assets

66th percentile

0.23x

Higher debt load relative to assets than 66% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

38th percentile

0.05x

Higher debt load relative to revenue than 38% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

56th percentile

5.3%

Higher net margin than 56% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

54th percentile

$72,194

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

83rd percentile

22%

Faster asset growth than 83% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

67th percentile

13%

Faster revenue growth than 67% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$354,941

Up $64,930 (+22%) from 2017

Net Assets

Up

$273,504

Up $84,636 (+45%) from 2017

Liabilities

Down

$81,437

Down $19,706 (-19%) from 2017

Revenue

Up

$1,596,731

Up $184,994 (+13%) from 2017

Expenses

Up

$1,512,094

Up $79,020 (+5.5%) from 2017

Net Income

Up

$84,637

Up $105,974 (+497%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2015: $115,712Liabilities 2015: $5312015Assets 2016: $210,205Liabilities 2016: $0Net Assets 2016: $210,2052016Assets 2017: $290,011Liabilities 2017: $101,143Net Assets 2017: $188,8682017Assets 2018: $354,941Liabilities 2018: $81,437Net Assets 2018: $273,5042018Assets 2019: $330,223Liabilities 2019: $58,892Net Assets 2019: $271,3312019Assets 2020: $2,977,777Liabilities 2020: $2,786,796Net Assets 2020: $190,9812020Assets 2021: $4,028,681Liabilities 2021: $3,599,131Net Assets 2021: $429,5502021Assets 2022: $785,250Liabilities 2022: $23,134Net Assets 2022: $762,1162022Assets 2023: $670,462Liabilities 2023: $25,832Net Assets 2023: $644,6302023Assets 2024: $563,636Liabilities 2024: $0Net Assets 2024: $563,6362024

Highlighted filing

2018

Assets$354,941
Liabilities$81,437
Net Assets$273,504

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $192,137Expenses 2015: $76,956Net Income 2015: $115,1812015Revenue 2016: $1,198,285Expenses 2016: $1,103,261Net Income 2016: $95,0242016Revenue 2017: $1,411,737Expenses 2017: $1,433,074Net Income 2017: -$21,3372017Revenue 2018: $1,596,731Expenses 2018: $1,512,094Net Income 2018: $84,6372018Revenue 2019: $1,720,670Expenses 2019: $1,722,842Net Income 2019: -$2,1722019Revenue 2020: $1,723,743Expenses 2020: $1,764,803Net Income 2020: -$41,0602020Revenue 2021: $2,170,300Expenses 2021: $1,931,730Net Income 2021: $238,5702021Revenue 2022: $2,510,492Expenses 2022: $2,345,453Net Income 2022: $165,0392022Revenue 2023: $2,424,800Expenses 2023: $2,542,286Net Income 2023: -$117,4862023Revenue 2024: $2,646,815Expenses 2024: $2,727,810Net Income 2024: -$80,9952024

Highlighted filing

2018

Revenue$1,596,731
Expenses$1,512,094
Net Income$84,637
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 7, 2019
Return Version
2017v2.3
Gross Receipts
$1,598,044
Mission and Program Overview

Mission

Operate a charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$247,019$246,854▼ $165
Cash and Non-Interest-Bearing Accounts$8,331$72,205▲ $63,874
Savings and Temporary Cash Investments$30,186$30,322▲ $136
Total Assets$290,011$354,941▲ $64,930
Other Assets Total$4,475$5,560▲ $1,085
Liabilities
Mortgage Notes Payable Secured by Investment Property$101,143$81,437▼ $19,706
Total Liabilities$101,143$81,437▼ $19,706
Net Assets / Fund Balance
Unrestricted Net Assets$153,623$265,768▲ $112,145
Temporarily Rstr Net Assets$35,245$7,736▼ $27,509
Total Net Assets Fund Balance$188,868$273,504▲ $84,636
Total Liabilities and Net Assets / Fund Balance$290,011$354,941▲ $64,930

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$118,064$57,221$175,285
Leasehold Improvements$123,160$9,462$132,622
Other Land Buildings$5,630$8,346$13,976
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Meera RuppSchool DirectorFT$72,194$72,194

Board Members and Trustees

NameTitle
Bruce AbernethyBoard Chair
Gonzalo MoralesVice Chair
Angela SpaidMember
Edie JonesMember
Flora MoralesMember
Rebecca McguireMember
Karani MitchellSecretary
Danny DavisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$141,356
Program Service Revenue
$1,404,866
Investment Income
$137
Other Revenue
$50,372
All Other Contributions
$38,957
Change in Net Assets
$84,637

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,596,731
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,596,731
Total Revenue per Form 990
$1,596,731
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,080,781
Other Expenses$431,313
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$659,619$39,000-$698,619
Occupancy$224,544--$224,544
Pension Plan Contributions$125,508$23,134-$148,642
Current Officers, Directors, Trustees, and Key Employees-$82,582-$82,582
Other Employee Benefits$69,248$12,764-$82,012
Payroll Taxes$58,199$10,727-$68,926
Depreciation Depletion$33,540--$33,540
Fees for Services Accounting-$26,165-$26,165
Office Expenses-$24,599-$24,599
Insurance-$11,074-$11,074
Information Technology$10,127$28-$10,155
Other Expenses$8,432--$8,432
All Other Expenses-$8,426-$8,426
Interest$3,876--$3,876
Fees for Services Legal-$700-$700
Total Functional Expenses$1,272,895$239,199$0$1,512,094

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,512,094
Total Expenses per Audited Statements$1,512,094
Total Expenses per Form 990$1,512,094
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$51,685
Fundraising Direct Expenses$1,313
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala Fundraiser$39,694$39,694-$39,694
Total Events$51,685$51,685$1,313$50,372
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 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 A, Line 2

Gonzalo and flora morales are married.

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

Form 990 was provided to the board members prior to filing.

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

During each board meeting board reviews potential conflicts of interests as they arise.

Form 990, Part VI, Section B, Line 15

The board reviews and approves compensation annually for the director. The director is paid a salary plus benefits (medical insurance, vacation, and retirement plan). The board reviews and approves compensation annually for other officers, if any. Employee wages are determined and approved by the director and indirectly approved through the budget by the board.

Form 990, Part VI, Section C, Line 19

All governing documents, policies, and financial statements are available at the office for public inspection.

Filing and Contact Details

Filer

Filer Name
Bend International School Inc
EIN
93-1331681
Phone
5417977038
Address
63020 OB RILEY RD, BEND, OR 97701

Signing Officer

Name
Meera Rupp
Title
Director
Phone
5417977038
Signed
2019-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meera Rupp
Formed
2014
Legal Domicile
Or
Voting Board Members
8
Independent Board Members
8
Employees
52
Volunteers
200

Preparer

Firm
Price Fronk & Co
Address
2796 NW CLEARWATER DR, BEND, OR 97703
Preparer
Candace S Fronk
Phone
5413824791
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING -1.

FORM 990, PART XII, LINE 2C:

The board assumes responsiblity for oversight of the audit and selection of the independent auditor.

Financial Statement Notes

PART X, LINE 2:

The school is exempt from federal and state income taxes under internal revenue code sections 501(c)(3) classified as a public charity. Regarding uncertain income tax positions, the school will recognize in its financial statements the benefit of a tax position when it believes that tax position will more likely than not be sustained on audit based on the technical merits of the position. For an organization, uncertain tax postions could result from unrelated business income activities or actions that jeopardize its status as tax-exempt, such as political activity, substantial lobbying expenditures or excessive unrelated business activities. The school has concluded that it had not unrecognized income tax benefits at july 1, 2017 or june 30, 2018, and it has no tax positions for which it estimates a significant change over the next 12 months.

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IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt084637
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt030186
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05630
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08346
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013976
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTIONS 501(C)(3) CLASSIFIED AS A PUBLIC CHARITY. REGARDING UNCERTAIN INCOME TAX POSITIONS, THE SCHOOL WILL RECOGNIZE IN ITS FINANCIAL STATEMENTS THE BENEFIT OF A TAX POSITION WHEN IT BELIEVES THAT TAX POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED ON AUDIT BASED ON THE TECHNICAL MERITS OF THE POSITION. FOR AN ORGANIZATION, UNCERTAIN TAX POSTIONS COULD RESULT FROM UNRELATED BUSINESS INCOME ACTIVITIES OR ACTIONS THAT JEOPARDIZE ITS STATUS AS TAX-EXEMPT, SUCH AS POLITICAL ACTIVITY, SUBSTANTIAL LOBBYING EXPENDITURES OR EXCESSIVE UNRELATED BUSINESS ACTIVITIES. THE SCHOOL HAS CONCLUDED THAT IT HAD NOT UNRECOGNIZED INCOME TAX BENEFITS AT JULY 1, 2017 OR JUNE 30, 2018, AND IT HAS NO TAX POSITIONS FOR WHICH IT ESTIMATES A SIGNIFICANT CHANGE OVER THE NEXT 12 MONTHS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt01512094
IRS990ScheduleD/TotalRevenuePerForm990Amt01596731
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01596731
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01512094
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/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ENROLLMENT IS OPEN TO ALL KINDERGARTEN THROUGH EIGHTH GRADE STUDENTS. THE CHARTER SCHOOL IS TREATED AS A PUBLIC SCHOOL FOR REGISTRATION PURPOSES AND OPERATED IN CONJUNCTION WITH THE LOCAL PUBLIC SCHOOL DISTRICT. STUDENTS ARE NOT REQUIRED TO APPLY FOR ADMISSION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES A SUBSTANTIAL AMOUNT OF ITS REVENUES FROM THE STATE OF OREGON THROUGH BEND-LA PINE SCHOOL DISTRICT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1EXPLANATION OF LINE 6A
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA FUNDRAISER
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt050372
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IRS990/ScheduleJRequiredInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GONZALO AND FLORA MORALES ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 WAS PROVIDED TO THE BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DURING EACH BOARD MEETING BOARD REVIEWS POTENTIAL CONFLICTS OF INTERESTS AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWS AND APPROVES COMPENSATION ANNUALLY FOR THE DIRECTOR. THE DIRECTOR IS PAID A SALARY PLUS BENEFITS (MEDICAL INSURANCE, VACATION, AND RETIREMENT PLAN). THE BOARD REVIEWS AND APPROVES COMPENSATION ANNUALLY FOR OTHER OFFICERS, IF ANY. EMPLOYEE WAGES ARE DETERMINED AND APPROVED BY THE DIRECTOR AND INDIRECTLY APPROVED THROUGH THE BUDGET BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE OFFICE FOR PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ROUNDING -1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD ASSUMES RESPONSIBLITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
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IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt0101143
IRS990/TotalLiabilitiesGrp/EOYAmt081437
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0188868
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt063020 OB RILEY RD
IRS990/USAddress/CityNm0BEND
IRS990/USAddress/StateAbbreviationCd0OR
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