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Options Charter School Carmel Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Elementary, Secondary Education, K - 12 (B29) (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$10.7M (2023)

Expenses
$10.4M (2023)

Total Assets
$906k (2023)

Total Liabilities
$790k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,652,942
Expenses
$10,372,553
Net Income
$280,389
Net Assets
$115,339
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,652,742
100.0%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $200
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $306,538
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $5,179,762
49.9%
Assets/Debt
Total Assets $905,640
Total Liabilities $790,301
Net Assets $115,339
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Mike Gustin (School Presi) $185,276 $0 $0
Jake Brandau (Cfo) $121,262 $0 $0
Matt Abbott (Member) $0 $0 $0
Laura Arive (Secretary/Tr) $0 $0 $0
Bob Barker (Member) $0 $0 $0
Travis Carmean (Vice Chair) $0 $0 $0
Leann Fowler (Member) $0 $0 $0
Sarah Guffey (Member) $0 $0 $0
John Kerr (Board Chair) $0 $0 $0
Patricia Nguyen (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,620,480
Expenses
$8,738,408
Net Income
-$117,928
Net Assets
-$432,383
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,620,480
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,728,585
54.1%
Assets/Debt
Total Assets $583,719
Total Liabilities $1,016,102
Net Assets -$432,383
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Matt Abbott (Board Chair) $0 $0 $0
Bob Barker (Member) $0 $0 $0
Travis Carmean (Member) $0 $0 $0
Jack Colwell (Controller) $0 $0 $0
Hannah Heuser (Member) $0 $0 $0
Thomas Lyons Iii (Secretary/Tr) $0 $0 $0
John Kerr (Vice Chair) $0 $0 $0
Patricia Nguyen (Member) $0 $0 $0
Stacy Segal (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,681,881
Expenses
$7,260,580
Net Income
-$2,578,699
Net Assets
-$342,664
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,714,442
> 100%
Program Services $0
Investment Income $143
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,032,704
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,718,046
51.2%
Assets/Debt
Total Assets $899,238
Total Liabilities $1,241,902
Net Assets -$342,664
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Matt Abbott (Board Chair) $0 $0 $0
Bob Barker (Member) $0 $0 $0
Travis Carmean (Member) $0 $0 $0
Hannah Heuser (Member) $0 $0 $0
Thomas Lyons Iii (Secretary/Tr) $0 $0 $0
John Kerr (Vice Chair) $0 $0 $0
Stacy Segal (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,279,248
Expenses
$3,346,187
Net Income
-$1,066,939
Net Assets
-$175,733
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,271,519
99.7%
Program Services $0
Investment Income $7,729
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,182,648
35.3%
Assets/Debt
Total Assets $750,928
Total Liabilities $926,661
Net Assets -$175,733
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Matt Abbott (Chairman) $0 $0 $0
Bob Barker (Member) $0 $0 $0
Hannah Heuser (Member) $0 $0 $0
Thomas Lyons Iii (Secretary/Tr) $0 $0 $0
John Kerr (Vice Chair) $0 $0 $0
Valerie Love (Member) $0 $0 $0
Will Mattingly (Member) $0 $0 $0
Stacy Segal (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,854,758
Expenses
$1,776,466
Net Income
$78,292
Net Assets
$895,049
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,846,845
99.6%
Program Services $0
Investment Income $7,913
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $852,817
48.0%
Assets/Debt
Total Assets $1,646,380
Total Liabilities $751,331
Net Assets $895,049
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Brenda Flowers (Member) $0 $0 $0
Stacy Segal (Chairman) $0 $0 $0
Hannah Heuser (Member) $0 $0 $0
Matt Abbott (Vice Chair) $0 $0 $0
Will Mattingly (Secretary/Tr) $0 $0 $0
Gordon Heminger (Member) $0 $0 $0
Valerie Love (Member) $0 $0 $0
John Kerr (Member) $0 $0 $0
Thomas Lyons Iii (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,563,357
Expenses
$1,523,164
Net Income
$40,193
Net Assets
$799,172
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,556,419
99.6%
Program Services $0
Investment Income $6,938
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $746,235
49.0%
Assets/Debt
Total Assets $1,666,076
Total Liabilities $866,904
Net Assets $799,172
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Rick Phillips (Chairman) $0 $0 $0
Stacy Segal (Vice Chairma) $0 $0 $0
Hannah Heuser (Treasurer) $0 $0 $0
Matt Abbott (Secretary) $0 $0 $0
Will Mattingly (Member) $0 $0 $0
Gordon Heminger (Member) $0 $0 $0
Valerie Love (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,628,240
Expenses
$1,508,914
Net Income
$119,326
Net Assets
$763,806
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,622,014
99.6%
Program Services $0
Investment Income $6,226
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $692,575
45.9%
Assets/Debt
Total Assets $1,730,710
Total Liabilities $966,904
Net Assets $763,806
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Rick Phillips (Chairman) $0 $0 $0
Stacy Segal (Vice Chairma) $0 $0 $0
Hannah Heuser (Treasurer) $0 $0 $0
Matt Abbott (Secretary) $0 $0 $0
Gordon Heminger (Member) $0 $0 $0
Jeff Johnson (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,622,894
Expenses
$1,418,671
Net Income
$204,223
Net Assets
$612,952
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,622,894
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $680,403
48.0%
Assets/Debt
Total Assets $1,629,856
Total Liabilities $1,016,904
Net Assets $612,952
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Lawrence Phillips (Chairman) $0 $0 $0
Stacy Segal (Vice Chairma) $0 $0 $0
Hannah Heuser (Treasurer) $0 $0 $0
Scott Mcintyre (Secretary) $0 $0 $0
Ed Bielski (Member) $0 $0 $0
Gordon Heminger (Member) $0 $0 $0
Ann Lagges (Member) $0 $0 $0
Calvin Daniels (Member) $0 $0 $0
Matt Abbott (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,515,510
Expenses
$1,246,237
Net Income
$269,273
Net Assets
$373,169
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,515,510
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $624,228
50.1%
Assets/Debt
Total Assets $390,073
Total Liabilities $16,904
Net Assets $373,169
Compensation
Key Employees and Officers Compensation Related Other
Gordy Heminger (Chairman) $0 $0 $0
Ed Bielski (Vice Chairma) $0 $0 $0
Jamyce Banks (Treasurer) $0 $0 $0
Lawrence Phillips (Secretary) $0 $0 $0
Scott Mcintyre (Member) $0 $0 $0
Stacy Segal (Member) $0 $0 $0
Andrew Ault (Member) $0 $0 $0
Ann Lagges (Member) $0 $0 $0
Starla Trigg (Member) $0 $0 $0
Hannah Heuser (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,244,324
Expenses
$1,183,215
Net Income
$61,109
Net Assets
$97,680
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,244,324
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $582,822
49.3%
Assets/Debt
Total Assets $114,584
Total Liabilities $16,904
Net Assets $97,680

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,309,827
Expenses
$1,210,302
Net Income
$99,525
Net Assets
$34,333
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,309,827
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $602,770
49.8%
Assets/Debt
Total Assets $41,859
Total Liabilities $7,526
Net Assets $34,333

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,131,020
Expenses
$1,250,195
Net Income
-$119,175
Net Assets
-$59,895
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,121,725
99.2%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,295
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $530,816
42.5%
Assets/Debt
Total Assets $73,038
Total Liabilities $132,933
Net Assets -$59,895

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,084,456
Expenses
$1,135,415
Net Income
-$50,959
Net Assets
$59,280
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,072,228
98.9%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,228
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $422,548
37.2%
Assets/Debt
Total Assets $221,043
Total Liabilities $161,763
Net Assets $59,280

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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