Optimum Learning Environments Charter School EIN 36-4494477

Optimum Learning Environments Charter School

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Educates 130 elementary students through a charter school program. For fiscal year 2025 it reported $1.5M in revenue, $1.5M in expenses, and $756K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Keizer, OR
Website
ole.salkeiz.k12.or.us
Filings
5 on file (2020–2025)
Revenue
$1.5MFY2025
Expenses
$1.5M
Net assets
$756K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  36-4494477 Public charity (501(c)(3)) Keizer, OR
Form 990 (PDF)
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Size
$1–10M
What they do
Educates 130 elementary students through a charter school program.
Leadership
Lindsay White · President
Money in and out
$1.5M revenue, $1.5M expenses
Bottom line
77% program efficiency
Where the money goes · FY2025
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$756K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $38K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.23
Program efficiency
77%
of spending reaches programs▼ -8% vs prior filing year
Operating runway
6.0mo
months of highly liquid reserves at operating expense rate▲ +33% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▼ -55% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.5M
FY2025▲ +16%
Expenses
$1.5M
FY2025▲ +20%
Total assets
$756K
FY2025▲ +58%
Total liabilities
$0
FY2025
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$756K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$38K
Total assetsPt X · Ln 16$756K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $1.1M of program spending, described in the organization's own filed words · FY2024.
01

Provide a quality education for the 130 enrolled students according to our established goals and vision.

$1.1Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COptimum Learning Environments Charter School
EINHdr · item D36-4494477
Principal addressHdr · item CKeizer, OR
WebsiteHdr · item Jole.salkeiz.k12.or.us
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMay 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
Civics Member
$0Pt VII · Sec A
Environmental Member
$0Pt VII · Sec A
Parent Member
$0Pt VII · Sec A
Parent Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Office Manager
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$1.3M · 85%
Contributions & grants$176K · 12%
Investment income$49K · 3%
Program service revenue85%$1.3M
Contributions & grants12%$176K
Investment income3%$49K
— government grantsLn 1e$176K
Total revenueLn 12$1.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.23
Program services77%$1.1M
Management & general23%$341K
Total functional expensesLn 25$1.5M

Balance Sheet

Part X · end of year
CashLn 1$732K
Total assetsLn 16$756K
Total liabilitiesLn 26$0
Total net assetsLn 32$756K
Months of cash on handcomputed6.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $732K · Operating expenses/yr $1.5M
6.0 months
Where the money goes
Program services
Program services $1.1M · Total expenses $1.5M
77%
Management & General
Management & general $341K · Total expenses $1.5M
23%
Fundraising
Fundraising $0 · Total expenses $1.5M
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $176K · Total revenue $1.5M
12%
Government reliance
Government grants $176K · Total revenue $1.5M
12%
Earned-income share
Program service revenue $1.3M · Total revenue $1.5M
85%
Investment reliance
Investment income $49K · Total revenue $1.5M
+3%
Program self-sufficiency
Program service revenue $1.3M · Total expenses $1.5M
87%
Growth & trend
Revenue growth (YoY)
This year $1.5M · Prior year $1.3M
+16%
Revenue CAGR
FY2019 $1.0M · FY2024 $1.5M
+8%
Net-asset trend (YoY)
End of year $756K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.5M · Expenses $1.5M
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $756K
Net-asset ratio
Net assets $756K · Total assets $756K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $756K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lindsay White · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $1.5M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $91K · Total expenses $1.5M
6%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 23%
Fundraising cost ratio 0%
Revenue growth 16%
Legal fee ratio 0.2%
Accounting fee ratio 0.8%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.5M revenue · viewing · ⤓ 990 PDF
FY2024not on file
FY2023$1.3M revenue · ⤓ 990 PDF
FY2022$1.1M revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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