Open School EIN 83-0212696

Open School FY2020 filing

EIN  83-0212696 Public charity (501(c)(3)) Laramie, WY Founded 1971
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides educational services for young children aged 3-7.
Leadership
Shelly McFate · Director · $53K
Money in and out
$323K revenue, $353K expenses
Bottom line
100% program efficiency

Provides educational services for young children aged 3-7. For fiscal year 2020 it reported $323K in revenue, $353K in expenses, and $252K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$323K
Pt VIII · Ln 12
Total expenses
$353K
Pt IX · Ln 25
Net assets
$252K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$31K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs
Operating runway
4.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$323K
FY2020
Expenses
$353K
FY2020
Total assets
$291K
FY2020
Total liabilities
$39K
FY2020
Total revenue
$323K
Pt VIII · Ln 12
Total expenses
$353K
Pt IX · Ln 25
Net assets
$252K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$31K
Total assetsPt X · Ln 16$291K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $343K of program spending, described in the organization's own filed words · FY2019.
01

Enriching the lives of students age 3-7 by providing educational services performed by qualified teaching staff and daycare providers.

$343Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COpen School
EINHdr · item D83-0212696
Principal addressHdr · item CLaramie, WY
WebsiteHdr · item Jwww.laramieopenschool.org
Year of formationHdr · item L1971
State of legal domicileHdr · item MWY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B21Z)
Ruling yearIRS BMFJan 1972

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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 (FY2019); the FY2020 filing did not itemize Part VII
$53,269Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A

Shelly McFate’s $55K as Director is at the 46th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2021FY2020
Shelly McFate$54,560$53,269

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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Statement of Revenue

Part VIII
Program service revenue$305K · 95%
Contributions & grants$8K · 2%
Other revenue$7K · 2%
Investment income$3K · 1%
Program service revenue95%$305K
Contributions & grants2%$8K
Other revenue2%$7K
Investment income1%$3K
— government grantsLn 1e$4K
Total revenueLn 12$323K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$352K
Management & general$1K
Total functional expensesLn 25$353K

Balance Sheet

Part X · end of year
CashLn 1$140K
Total assetsLn 16$291K
Total liabilitiesLn 26$39K
Total net assetsLn 32$252K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $140K · Operating expenses/yr $353K
4.8 months
Where the money goes
Program services
Program services $352K · Total expenses $353K
100%
Management & General
Management & general $1K · Total expenses $353K
0%
Fundraising
Fundraising $0 · Total expenses $353K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $4K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $8K · Total revenue $323K
2%
Government reliance
Government grants $4K · Total revenue $323K
1%
Earned-income share
Program service revenue $305K · Total revenue $323K
95%
Investment reliance
Investment income $3K · Total revenue $323K
+1%
Program self-sufficiency
Program service revenue $305K · Total expenses $353K
86%
Growth & trend
Revenue growth (YoY)
This year $323K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $252K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $323K · Expenses $353K
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $291K
Net-asset ratio
Net assets $252K · Total assets $291K
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $291K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Shelly McFate · Reported title DIRECTOR · Highest reported compensation $53K · Total expenses $353K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $286K · Total expenses $353K
81%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Accounting fee ratio 0%

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
FY2024$399K revenue · ⤓ 990 PDF
FY2023$487K revenue · ⤓ 990 PDF
FY2022$430K revenue · ⤓ 990 PDF
FY2021$417K revenue · ⤓ 990 PDF
FY2020$323K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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