Civic Intelligence

Options for Learning

990 • Fiscal year 2016 • EIN 95-3602641

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 14, 2017

885 South Village Oaks DriveCovina, CA 91724

(626) 967-7848

Siviq Scores

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

Liabilities / Assets

59th percentile

0.40x

Higher debt load relative to assets than 59% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

21st percentile

0.13x

Higher debt load relative to revenue than 21% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Net Margin

45th percentile

1.4%

Higher net margin than 45% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

24th percentile

$214,976

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Asset Growth

71st percentile

7.4%

Faster asset growth than 71% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

61st percentile

5.6%

Faster revenue growth than 61% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Assets

Up

$26,858,828

Up $1,852,090 (+7.4%) from 2015

Net Assets

Up

$16,069,754

Up $1,139,620 (+7.6%) from 2015

Liabilities

Up

$10,789,074

Up $712,470 (+7.1%) from 2015

Revenue

Up

$81,778,518

Up $4,364,594 (+5.6%) from 2015

Expenses

Up

$80,638,898

Up $3,934,878 (+5.1%) from 2015

Net Income

Up

$1,139,620

Up $429,716 (+61%) from 2015

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $21,843,382Liabilities 2010: $11,912,223Net Assets 2010: $9,931,1592010Assets 2011: $22,476,343Liabilities 2011: $11,887,577Net Assets 2011: $10,588,7662011Assets 2012: $23,603,949Liabilities 2012: $10,591,297Net Assets 2012: $13,012,6522012Assets 2013: $23,760,830Liabilities 2013: $10,647,339Net Assets 2013: $13,113,4912013Assets 2014: $25,147,288Liabilities 2014: $10,927,058Net Assets 2014: $14,220,2302014Assets 2015: $25,006,738Liabilities 2015: $10,076,604Net Assets 2015: $14,930,1342015Assets 2016: $26,858,828Liabilities 2016: $10,789,074Net Assets 2016: $16,069,7542016Assets 2017: $29,889,060Liabilities 2017: $10,563,781Net Assets 2017: $19,325,2792017Assets 2018: $32,225,648Liabilities 2018: $11,025,131Net Assets 2018: $21,200,5172018Assets 2019: $38,615,550Liabilities 2019: $14,265,043Net Assets 2019: $24,350,5072019Assets 2020: $43,910,181Liabilities 2020: $14,198,942Net Assets 2020: $29,711,2392020Assets 2021: $50,858,117Liabilities 2021: $18,583,939Net Assets 2021: $32,274,1782021Assets 2022: $51,691,710Liabilities 2022: $16,293,158Net Assets 2022: $35,398,5522022Assets 2023: $91,648,887Liabilities 2023: $47,174,509Net Assets 2023: $44,474,3782023Assets 2024: $122,219,639Liabilities 2024: $66,843,025Net Assets 2024: $55,376,6142024

Highlighted filing

2016

Assets$26,858,828
Liabilities$10,789,074
Net Assets$16,069,754

Operations Trend

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

$200M$150M$100M$50M$0Expenses 2010: $67,441,7482010Expenses 2011: $64,250,9692011Expenses 2012: $62,252,1472012Expenses 2013: $64,870,5162013Revenue 2014: $72,791,125Expenses 2014: $71,684,386Net Income 2014: $1,106,7392014Revenue 2015: $77,413,924Expenses 2015: $76,704,020Net Income 2015: $709,9042015Revenue 2016: $81,778,518Expenses 2016: $80,638,898Net Income 2016: $1,139,6202016Revenue 2017: $86,083,435Expenses 2017: $82,827,910Net Income 2017: $3,255,5252017Revenue 2018: $92,069,502Expenses 2018: $89,908,160Net Income 2018: $2,161,3422018Revenue 2019: $101,288,973Expenses 2019: $98,138,983Net Income 2019: $3,149,9902019Revenue 2020: $107,107,070Expenses 2020: $101,746,338Net Income 2020: $5,360,7322020Revenue 2021: $104,312,259Expenses 2021: $101,749,320Net Income 2021: $2,562,9392021Revenue 2022: $111,144,756Expenses 2022: $108,020,382Net Income 2022: $3,124,3742022Revenue 2023: $142,117,417Expenses 2023: $133,374,343Net Income 2023: $8,743,0742023Revenue 2024: $161,785,464Expenses 2024: $151,896,390Net Income 2024: $9,889,0742024

Highlighted filing

2016

Revenue$81,778,518
Expenses$80,638,898
Net Income$1,139,620
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$81,778,518
Mission and Program Overview

Mission

Options for learning is a leader in preparing children and supporting families for life success through innovative, quality child development programs.vision: all children will achieve their potential.values: respect; integrity; accountability; professionalism; advocacy; right to access quality education; a great place for children and employees to work, learn, and succeed; personal rapport between staff and families; serving a culturally and economically diverse community; innovative and creative contributions to our field.

Mission: Options for Learning is a leader in preparing children and supporting families for life success through innovative, quality child development programs.Vision: All children will achieve their potential.Values: Respect, integrity, accountability; -Professionalism; -Advocacy; -Right to access quality education; -A great place for children and employees to work, learn, and succeed; -Personal rapport between staff and families; -Serving a culturally and economically diverse community; -Innovative and creative contributions to our field.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$16,784,786$15,353,842▼ $1,430,944
Land, Buildings, and Equipment, Net$4,297,045$6,170,300▲ $1,873,255
Pledges and Grants Receivable$3,540,429$4,946,450▲ $1,406,021
Prepaid Expenses and Deferred Charges$115,820$98,230▼ $17,590
Accounts Receivable$14,990$36,712▲ $21,722
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$25,006,738$26,858,828▲ $1,852,090
Other Assets Total$253,668$253,294▼ $374
Liabilities
Accounts Payable and Accrued Expenses$6,424,664$7,174,855▲ $750,191
Mortgage Notes Payable Secured by Investment Property$1,532,911$1,507,940▼ $24,971
Other Liabilities$978,148$1,306,181▲ $328,033
Grants Payable$1,140,881$800,098▼ $340,783
Total Liabilities$10,076,604$10,789,074▲ $712,470
Net Assets / Fund Balance
Unrestricted Net Assets$14,930,134$16,069,754▲ $1,139,620
Total Net Assets Fund Balance$14,930,134$16,069,754▲ $1,139,620
Total Liabilities and Net Assets / Fund Balance$25,006,738$26,858,828▲ $1,852,090

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,865,779$5,908,964$11,774,743
Equipment$304,521$683,101$987,622
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cliff MarcussenCEOFT$184,054$30,922$214,976
Amy NihCFOFT$151,221$28,759$179,980
Dolores MeadeCOO & Deputy Executive DirectorFT$151,869$26,952$178,821
Kelly O'ConnellDeputyExecDir&CCSFT$151,221$26,607$177,828
John BeckChief Info OfcFT$144,355-$144,355
Deborah SlobojanSt Presch Div DirectorFT$125,858-$125,858
Rosemary Olachea-HealsipSurround Cr DivDirFT$121,377-$121,377
Denise McCulloughFD Preschool DirectorFT$111,217-$111,217
Alex ZhengNetwork ManagerFT$102,230-$102,230

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Rambir IncChildcare Services8104 Stoneridge Dr, Whittier, CA 90605$529,967
Kindercare Education LLCChildcare Services650 NE Holladay St Suite 1400, Portland, OR 97232$483,677
International Gladys IncChildcare Services8209 Park Street, Rosemead, CA 91770$326,195
Happycampers Learning Center IncChildcare Services14035 Francisquito Ave, Baldwin Park, CA 91706$312,840
Jackie FowlerChildcare Services14340 Valley View Avenue, La Mirada, CA 90638$278,893
Revenue and Support

Revenue Composition

Contributions and Grants
$77,683,810
Program Service Revenue
$3,060,055
Investment Income
$5,909
Other Revenue
$1,028,744
Change in Net Assets
$1,139,620

Audited Revenue Reconciliation

Revenue per Audited Statements
$81,778,518
Revenue Not Reported on Form 990
$72,591
Total Revenue per Audited Statements
$81,851,109
Total Revenue per Form 990
$81,778,518
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$40,621,539
Salaries, Compensation, and Employee Benefits$40,017,359
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$28,413,808$1,857,584-$30,271,392
Other Employee Benefits$6,311,462$263,689-$6,575,151
All Other Expenses$2,988,683$115,864-$3,104,547
Payroll Taxes$2,235,235$183,976-$2,419,211
Occupancy$1,771,400$885-$1,772,285
Other Expenses$1,119,594$48,408-$1,168,002
Current Officers, Directors, Trustees, and Key Employees-$751,605-$751,605
Travel$331,564$10,877-$342,441
Depreciation Depletion$202,158$86,370-$288,528
Insurance$185,002$60,655-$245,657
Conferences and Meetings$108,463$15,432-$123,895
Office Expenses$95,743--$95,743
Advertising$58,186$4,420-$62,606
Fees for Services Legal$24,413$33,180-$57,593
Interest$37,207$996-$38,203
Fees for Services Accounting$23,700--$23,700
Total Functional Expenses$77,126,939$3,511,959$0$80,638,898

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$80,711,489
Expenses per Audited Statements$80,638,898
Total Expenses per Form 990$80,638,898
Expenses Not Reported on Form 990$72,591
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
CDD Reserve$913,479
Government Funded Assets$314,571
Stage 1 Reserve$65,987
F-CCFP Reserve$12,144
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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, Part VI, Line 11B: Form 990 Review Process

A copy of Form 990 will be emailed to Options for Learning's Board of Directors before it is filed.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The salaries and other compensation of both the CEO and CFO are set by the Board of Directors after deliberation and review of comparability data. All directors are independent.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The salaries and other compensation of other key employees are set by the CEO after deliberation, review of comparability data and in compliance with funding source requirements.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request,these documents will be made available to the public.

Filing and Contact Details

Filer

Filer Name
Options for Learning
EIN
95-3602641
Phone
6269677848
Address
885 South Village Oaks Drive, Covina, CA 91724

Signing Officer

Name
Cliff Marcussen
Title
CEO
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cliff Marcussen
Formed
1981
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
1,078
Volunteers
4,932

Preparer

Firm
Vasin Heyn & Company
Address
5000 N Parkway Calabasas 201, Calabasas, CA 91302
Preparer
Rolland Vasin
Phone
8182223500
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: General:$874,411 less indirect $59,407 OTHER PROGRAM SERVICES 5: LAUP:$347,571 less indirect $23,344 OTHER PROGRAM SERVICES 6: Federal funding, Head Start/Early Head Start programs:Children ages 3-5, Early Head Start from birth from income eligible families received a variety of comprehensive developmental and preschool educational services.$17,556,444 less indirect $1,202,289

Financial Statement Notes

Part X : FIN48 Footnote

Options for Learning is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code and California income taxes under section 23701(d) of the California Revenue and Taxation Code. Contributors, donors and grantors may obtain tax benefits. In addition, Options for Learning has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) of the Code. Options for Learning has adopted Financial Accounting Standards Board Accounting Standards Codification (ASC) Section 740-10, which clarifies the accounting for uncertainty in income taxes. ASC Section 740-10 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Section 740-10 requires that an organization recognize in the financial statements the impact of the tax position if that position will more likely than not be sustained on audit, based on the technical merits of the position. As of and for the year ended June 30, 2016, Options for Learning had no material unrecognized tax benefits, tax penalties or interest.Options for Learning's Forms 990, Return of Organization Exempt from Income Tax, for each of the tax years ended June 30, 2015, 2014, and 2013, are subject to examination by the IRS, generally for 3 years after they were filed.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Government-funded assets depreciation $72591

Part XII, Line 2D: Other expenses and losses per audited F/S

Government-funded assets depreciation $72591

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IRS990/Form990PartVIISectionAGrp/PersonNm6Susan M Keith
IRS990/Form990PartVIISectionAGrp/PersonNm7Patricia Diaz
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IRS990/Form990PartVIISectionAGrp/PersonNm9Amy Nih
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IRS990/Form990PartVIISectionAGrp/PersonNm13Deborah Slobojan
IRS990/Form990PartVIISectionAGrp/PersonNm14Rosemary Olachea-Healsip
IRS990/Form990PartVIISectionAGrp/PersonNm15Denise McCullough
IRS990/Form990PartVIISectionAGrp/PersonNm16Alex Zheng
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt10COO & Deputy Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11DeputyExecDir&CCS
IRS990/Form990PartVIISectionAGrp/TitleTxt12Chief Info Ofc
IRS990/Form990PartVIISectionAGrp/TitleTxt13St Presch Div Dir
IRS990/Form990PartVIISectionAGrp/TitleTxt14Surround Cr DivDir
IRS990/Form990PartVIISectionAGrp/TitleTxt15FD Preschool Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt16Network Manager
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IRS990/MissionDesc0Mission: Options for Learning is a leader in preparing children and supporting families for life success through innovative, quality child development programs.Vision: All children will achieve their potential.Values: Respect, integrity, accountability; -Professionalism; -Advocacy; -Right to access quality education; -A great place for children and employees to work, learn, and succeed; -Personal rapport between staff and families; -Serving a culturally and economically diverse community; -Innovative and creative contributions to our field.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$122$66.8$55.4$162$152$9.89
2023Detailed filing. Detailed filing data is available for this year.$91.6$47.2$44.5$142$133$8.74
2022Detailed filing. Detailed filing data is available for this year.$51.7$16.3$35.4$111$108$3.12
2021Detailed filing. Detailed filing data is available for this year.$50.9$18.6$32.3$104$102$2.56
2020Detailed filing. Detailed filing data is available for this year.$43.9$14.2$29.7$107$102$5.36
2019Detailed filing. Detailed filing data is available for this year.$38.6$14.3$24.4$101$98.1$3.15
2018Detailed filing. Detailed filing data is available for this year.$32.2$11.0$21.2$92.1$89.9$2.16
2017Detailed filing. Detailed filing data is available for this year.$29.9$10.6$19.3$86.1$82.8$3.26
2016Detailed filing. Detailed filing data is available for this year.$26.9$10.8$16.1$81.8$80.6$1.14
2015Summary only. Only limited summary data is available for this year.$25.0$10.1$14.9$77.4$76.7$0.71
2014Detailed filing. Detailed filing data is available for this year.$25.1$10.9$14.2$72.8$71.7$1.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.8$10.6$13.1$64.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.6$10.6$13.0$62.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.5$11.9$10.6$64.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.8$11.9$9.93$67.4
Peer Organizations

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