Options Charter School-carmel Inc is a 501(c)(3) organization based in Noblesville, Indiana, registered in 2002, with $13,575,492 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$13.6M
▲ 27.4% vs prior year
Education median: $200K
Expenses (FY2023)
$12.6M
Net assets
$1.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Options Charter School-carmel Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Options Charter School-carmel Inc: 1 mo reserves · +7% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Options Charter School-carmel Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Options Charter School-carmel Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.5M (FY2014) to $13.6M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
7.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$565K
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $13,575,492▲27.4% | $12,612,167▲21.6% | $1,135,336▲884% | $1,699,837▲87.7% | 990 |
| 2022 | $10,652,942▲23.6% | $10,372,553▲18.7% | $115,339▲127% | $905,640▲55.1% | 990 |
| 2021 | $8,620,480▲84.1% | $8,738,408▲20.4% | -$432,383▼26.2% | $583,719▼35.1% | 990 |
| 2020 | $4,681,881▲105% | $7,260,580▲117% | -$342,664▼95.0% | $899,238▲19.8% | 990 |
| 2019 | $2,279,248▲22.9% | $3,346,187▲88.4% | -$175,733▼120% | $750,928▼54.4% | 990 |
| 2018 | $1,854,758▲18.6% | $1,776,466▲16.6% | $895,049▲12.0% | $1,646,380▼1.2% | 990 |
| 2017 | $1,563,357▼4.0% | $1,523,164▲0.9% | $799,172▲4.6% | $1,666,076▼3.7% | 990 |
| 2016 | $1,628,240▲0.3% | $1,508,914▲6.4% | $763,806▲24.6% | $1,730,710▲6.2% | 990 |
| 2015 | $1,622,894▲7.1% | $1,418,671▲13.8% | $612,952▲64.3% | $1,629,856▲318% | 990 |
| 2014 | $1,515,510 | $1,246,237 | $373,169 | $390,073 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Options Charter School-carmel Inc (EIN 35-2157301) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.