Innovation Schools FY2021 filing

Walla Walla, WAUnknown exempt organizationEIN 47-3156745Revenue $905K in FY2021

On file with the IRSwillowps.org412 W Poplar St · Walla Walla, WA

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Charter public school serving students in grades 6-8 located in walla walla, WA.

50¢ of each $1 spent went to programs.
$77K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $97K a year · 6% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
50%
of spending
Concern: 50% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$77K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $11
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$384K
53% of total assets
Fine: liabilities are 53% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$905K
-61% vs prior year
Spent
$1.1M
To programs
50%
Net assets
$346K
By yearFY2020–FY2023
Revenue
$905K
FY2021▼ -61%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.3M
FY2021$905K
FY2022$5
FY2023$11
Expenses
$1.1M
FY2021▼ -40%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$1.1M
FY2022Not on file
FY2023Not on file
Net assets
$346K
FY2021▼ -41%
Tap a bar for its year
Net assets by fiscal year
FY2020$588K
FY2021$346K
FY2022$241K
FY2023$0

From the FY2021 Form 990 (year ending August 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

50 cents of each dollar spent went to programs.

Program services 50% · $570K Management & general 50% · $577K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $77K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Superintendent
$76,516Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Brenda McDonald$2,000$76,516$154,833

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates middle school students in Walla Walla, Washington.

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Provided by the organization

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1 program · $570K · in their own filed words · FY2020
01

Starting in september 2018, innovation schools is a public charter school in walla walla serving up to 100 students in 6TH-8TH grade. We are a bilingual school and the majority of students qualify for FREE/REDUCED meals.

$570Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$11

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$905K
Ln 12
Fees for servicesLn 2g$990K
Gifts and grantsLn 1h$65K
Investment incomeLn 3$43
Money outPt IX
$1.1M
Ln 25
Programscol B$570K
Managementcol C$577K
Owns and owesPt X
$346K
net assets · Ln 32
Cash and savingsLn 1–2$421K
Total assetsLn 16$730K
LiabilitiesLn 26$384K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$65K
Government grantsLn 1e$65K
Fees for servicesLn 2g$990K
Investment incomeLn 3$43
Gains on assetsLn 7−$150K
Total revenueLn 12$905K
Assets in detailPt X, end of year
CashLn 1$421K
Cash and savings togetherLn 1–2$421K
Total assetsLn 16$730K
LiabilitiesLn 26$384K
Net assetsLn 32$346K
OperationsPt I, VI
EmployeesI 533
VolunteersI 65
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$585K$421K
Total assetsLn 16$1.1M$730K
LiabilitiesLn 26$503K$384K
Net assetsLn 32$588K$346K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$118K$118K
Other salaries and wagesLn 7$483K$305K$178K
Other employee benefitsLn 9$120K$84K$35K
Payroll taxesLn 10$126K$89K$37K
Legal feesLn 11b$47K$46K$136
Office expensesLn 13$2K$350$2K
OccupancyLn 16$271K$93K$178K
TravelLn 17$388$388
Depreciation, depletion and amortizationLn 22$60K$30K$30K
Other expenses (24a–d)Ln 24−$79K−$196K$117K
Total functional expensesLn 25$1.1M$570K$577K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $11$0 990 PDF
FY2022 $5$241K 990 PDF
FY2021 Viewing $905K$1.1M−$242K$346K 990 PDF
FY2020 $2.3M$1.9M$436K$588K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $905,068 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,437,628$65,000
I-9 Program service revenuePrior year $906,453$990,354
I-10 Investment incomePrior year $22−$150,286
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,344,103$905,068
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,183,740$845,745
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $724,059$301,078
I-18 Total expensesPrior year $1,907,799$1,146,823
I-19 Revenue less expensesPrior year $436,304−$241,755
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $905,068 across 6 lines filed
VIII-1e Government grants$65,000
VIII-1h Total contributions, gifts and grants$65,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $990,354$990,354
VIII-3 Investment incomeExcluded from tax $43$43
VIII-7 Net gain or loss on sales of assetsRelated to mission −$150,329−$150,329
VIII-12 Total revenueRelated to mission $840,025 · Unrelated business $0 · Excluded from tax $43$905,068
Part IX · Statement of functional expenses $1,146,823 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $117,812$117,812
IX-7 Other salaries and wagesPrograms $305,229 · Management $177,500$482,729
IX-9 Other employee benefitsPrograms $84,212 · Management $35,334$119,546
IX-10 Payroll taxesPrograms $88,518 · Management $37,140$125,658
IX-11b Legal feesPrograms $46,469 · Management $136$46,605
IX-13 Office expensesPrograms $350 · Management $1,894$2,244
IX-16 OccupancyPrograms $93,000 · Management $177,914$270,914
IX-17 TravelPrograms $388$388
IX-22 Depreciation, depletion and amortizationPrograms $29,864 · Management $29,864$59,728
IX-24 Other expenses (24a–d)Programs −$195,696 · Management $116,895−$78,801
IX-25 Total functional expensesPrograms $570,146 · Management $576,677 · Fundraising $0$1,146,823
Part X · Balance sheet $729,959 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $585,389$420,551
X-3 Pledges and grants receivableStart of year $126,348$2,112
X-9 Prepaid expenses and deferred chargesStart of year $165,692$307,296
X-16 Total assetsStart of year $1,090,286$729,959
X-17 Accounts payable and accrued expensesStart of year $449,209$70,407
X-19 Deferred revenueStart of year $21,163$310,440
X-24 Unsecured notes and loans payableStart of year $32,324$3,277
X-26 Total liabilitiesStart of year $502,696$384,124
X-27 Net assets without donor restrictionsStart of year $587,590$307,727
X-28 Net assets with donor restrictions$38,108
X-32 Total net assets or fund balancesStart of year $587,590$345,835
X-33 Total liabilities and net assetsStart of year $1,090,286$729,959
Part XI · Reconciliation of net assets $345,835 net assets at year end
XI-1 Total revenue$905,068
XI-2 Total expenses$1,146,823
XI-3 Revenue less expenses−$241,755
XI-4 Net assets at start of year$587,590
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$345,835

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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