Nonprofit · EIN 20-4996801
OPTIONS IN EDUCATION FOUNDATION INC
Tax-exempt · NOBLESVILLE, IN 46060
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $392,249 | $362,015 | $30,234 | $7,103,688 | $3,286,976 | $3,816,712 |
| June 30, 2023 | 990 | $512,087 | $383,775 | $128,312 | $7,227,870 | $3,441,392 | $3,786,478 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $42,499
- Program service revenue
- $0
- Investment income
- $1,750
- Other revenue
- $348,000
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $690
- Depreciation
- $165,553
- Program services (functional)
- $41,797
- Management and general (functional)
- $320,218
Balance sheet and other
- Total assets, start of year
- $7,227,870
- Total assets, end of year
- $7,103,688
- Total liabilities, end of year
- $3,286,976
- Net assets, end of year
- $3,816,712
- Land, buildings and equipment
- $6,428,514
- Net assets without donor restrictions
- $3,816,712
- Gross receipts
- $392,249
- Employees
- 0
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA ARIVE | TREASURER Officer | – | $0 |
| JAKE BRANDAU | FNDTN VICE P Officer | – | $0 |
| TRAVIS CARMEAN | BOARD CHAIR Officer | – | $0 |
| JACK COLWELL | CFO Officer | – | $0 |
| PATRICIA ELLIS | BOARD VICE C Officer | – | $0 |
| LEANNE FOWLER | MEMBER Officer | – | $0 |
| SARAH GUFFEY | SECRETARY Officer | – | $0 |
| MIKE GUSTIN | FOUNDATION P Officer | – | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW ABBOTT | MEMBER Officer | – | $0 |
| LAURA ARIVE | SECRETARY/TR Officer | – | $0 |
| BOB BARKER | MEMBER Officer | – | $0 |
| JAKE BRANDAU | CFO Officer | 5 | $0 |
| TRAVIS CARMEAN | VICE CHAIR Officer | – | $0 |
| LEANNE FOWLER | MEMBER Officer | – | $0 |
| SARAH GUFFEY | MEMBER Officer | – | $0 |
| MIKE GUSTIN | FOUNDATION P Officer | 5 | $0 |
| JOHN KERR | BOARD CHAIR Officer | – | $0 |
| PATRICIA NGUYEN | MEMBER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 9945 CUMBERLAND POINTE BLVD STE 100, NOBLESVILLE, IN 46060-4908
- Principal officer (990 for 2023)
- JACK COLWELL, 18077 RIVER ROAD STE 106, NOBLESVILLE, IN 46062
- Signed the 990
- JACK COLWELL, CFO
- Phone
- (317) 773-8659
- Return prepared by
- CHARLES MADDEN PC
Mission
TO SUPPORT EDUCATIONAL INSTITUTION, OPTIONS SCHOOLS INDIANA.
Program accomplishments
- TO SUPPORT EDUCATIONAL INSTITUTION, OPTIONS SCHOOLS INDIANA.Expenses $41,797
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4996801
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B112)
- Assets (IRS master file)
- $7,103,688
- Income (IRS master file)
- $392,249
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $392,249 | $362,015 | $7,103,688 | IRS |
| 990 | June 2023 | $512,087 | $383,775 | $7,227,870 | XML |
| 990 | June 2022 | $810,817 | $435,583 | $7,243,218 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4996801).
Questions about OPTIONS IN EDUCATION FOUNDATION INC
- What is the EIN of OPTIONS IN EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of OPTIONS IN EDUCATION FOUNDATION INC is 20-4996801.
- Is OPTIONS IN EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to OPTIONS IN EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OPTIONS IN EDUCATION FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OPTIONS IN EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OPTIONS IN EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2024.
- Who is the principal officer of OPTIONS IN EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2024 names JACK COLWELL.
- Who are the officers and directors of OPTIONS IN EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does OPTIONS IN EDUCATION FOUNDATION INC have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $392,249, expenses of $362,015 and total assets of $7,103,688 at year end.
Other nonprofits in NOBLESVILLE
- OPTIONS CHARTER SCHOOL-CARMEL INC EIN 35-2157301 · last filed 990 for 2024
- LEGACY CHRISTIAN SCHOOL INC EIN 20-2546917 · last filed 990 for 2025
- MISSION TO UKRAINE EIN 35-2025883 · last filed 990 for 2024
- ALPHA KAPPA PSI FOUNDATION EIN 35-6016131 · last filed 990 for 2025
- INDIANA ELITE BOOSTERS INC EIN 35-2078953 · last filed 990 for 2026
- NOBLESVILLE BAND BOOSTERS INC EIN 32-0378171 · last filed 990 for 2025
- HAMILTON EAST PUBLIC LIBRARY FOUNDATION EIN 33-4125730 · last filed 990 for 2025
- NOBLESVILLE HIGH SCHOOL CHOIR PARENTS ORGANIZATION EIN 46-1359169 · last filed 990 for 2025