Options In Education Inc

Organization Overview

Options In Education Inc is located in West Tisbury, MA. The organization was established in 1995. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Options In Education Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Options In Education Inc generated $240.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $219.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION WAS FORMED TO SUPPORT AND PROMOTE INNOVATIVE EDUCATIONAL PROGRAMS ON MARTHAS VINEYARD; TO RAISE FUNDS FOR A CHARTER SCHOOL; AND TO EVENUTALLY OPERATE A SUMMER PROGRAM OFFERING EDUCATIONAL ACTIVITIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION WAS FORMED TO SUPPORT AND PROMOTE EDUCATIONAL PROGRAMS ON MARTHAS VINEYARD. ITS MAIN ACTIVITY IS THE FINANCING OF CAPITAL IMPROVEMENTS OF FACILITIES THAT ARE LEASED TO THE MARTHAS VINEYARD PUBLIC CHARTER SCHOOL. EXPENSES CONSIST PRIMARILY OF THE DEPRECIATION ON BUILDINGS AND IMPROVEMENTS OF FACILITIES LEASED.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$13,400
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$22,444
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$35,844
Total Program Service Revenue$0
Investment income $2,442
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $201,765
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $240,051

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