2016-02-01T10:27:57-06:00 2015-06-30 310984945 WHALEN & COMPANY CPAS 250 WEST OLD WILSON BRIDGE ROAD STE WORTHINGTON OH 43085 990 2014-07-01 341922362 ELECTRONIC CLASSROOM OF TOMORROW ELEC 6144928884 3700 S HIGH STREET SUITE 95 COLUMBUS OH 43207 MICHELE SMITH TREASURER 6144928884 2016-01-29 true PATRICK J MCCLARY CPA P00407485 6143964200 2016-01-29 2014 2016-04-25 22:37:26Z 117916298 false X WWW.ECOTOHIO.ORG X ECOT OFFERS A VIABLE ALTERNATIVE TO PREPARE PUPILS WITH THE ACADEMIC FOUNDATION TO BE POSITIVE CONTRIBUTORS TO SOCIETY. ECOT WILL PROVIDE STUDENTS AND FAMILIES WITH A SAFE, SECURE, ELECTRONIC GATEWAY, WHILE INDIVIDUALIZING INSTRUCTION SUPPORTED BY HIGHLY QUALIFIED FACULTY AND STAFF. 7 7 1290 0 114876960 117802769 0 76327 92017 1320 21512 114954607 117916298 0 0 57420881 60391310 0 0 55385832 59633044 112806713 120024354 2147894 -2108056 42766958 52411634 10958398 111450230 31808560 -59038596 X ECOT OFFERS A VIABLE ALTERNATIVE TO PREPARE PUPILS WITH THE ACADEMIC FOUNDATION TO BE POSITIVE CONTRIBUTORS TO SOCIETY. ECOT WILL PROVIDE STUDENTS AND FAMILIES WITH A SAFE, SECURE, ELECTRONIC GATEWAY, WHILE INDIVIDUALIZING INSTRUCTION SUPPORTED BY HIGHLY QUALIFIED FACULTY AND STAFF. false false 113688690 ECOT HAS MADE DISTANCE LEARNING ACCESSIBLE TO ALL OF OHIO'S STUDENTS REGARDLESS OF MENTAL, EMOTIONAL, OR PHYSICAL DISABILITY, GEOGRAPHICAL HARDSHIP OR ACADEMIC ABILITY OR FAMILY BACKGROUND. 113688690 true false false false false false false false false false true false false true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 159 0 true 1290 true false false false false false false false false false false X 7 7 false false false false false false false true true false false false true false false false true false false false OH X MICHELE SMITH 6144928884 3700 S HIGH ST SUITE 139 COLUMBUS OH 43207 DONNA WIHL BOARD SECRET 1.00 X 16800 0 2680 ANDREW BRUSH BOARD CHAIRM 1.00 X 4675 0 0 SHIRLEY SPELLMAN PARLIAMENTAR 1.00 X 4675 0 0 PAMELA BENNETT BOARD MEMBER 1.00 X 4675 0 0 VINCE RESOR BOARD MEMBER 1.00 X 4250 0 0 MATTHEW OTTIGER 2ND VICE CHA 1.00 X 4250 0 0 CHRIS STOCK 1ST VICE CHA 1.00 X 4068 0 0 GREGORY RANDALL BOARD MEMBER 1.00 X 3825 0 0 JACK MCKENNA NONVOTING BR 1.00 X 3825 0 0 NICK COENEN NONVOTING BR 1.00 X 3825 0 0 BRITTNY PIERSON CHIEF OF STA 40.00 X 186614 0 62159 RICK TEETERS SUPERINTENDE 40.00 X 180409 0 71753 MICHELE SMITH TREASURER 40.00 X 136624 0 45899 RANDALL EMMELHAINZ MGR. SOFTWAR 40.00 X 135267 0 0 LINDA SCHURCH SR. DIR. SCH 40.00 X 131582 0 0 CHRISTOPHER MEISTER DEPUTY SUP / 40.00 X 127389 0 34836 KATHY FERGUSON LEGAL COUNSE 40.00 X 120146 0 20098 1072899 237425 13 false true false IQ INNOVATIONS PO BOX 163849 COLUMBUS OH 43216 CURRICULUM SVS 17172256 MCPC INC PO BOX 643283 PITTSBURGH PA 15264 COMPUTER CONSLT 6339328 ALTAIR LEARNING MANAGEMENT INC PO BOX 2886 COLUMBUS OH 43216 MGMT COMPANY 4289114 DANIS BUILDING CONSTRUCTION CO 3233 NEWMARK DRIVE MIAMISBURG OH 45342 CONSTRUCTION 3626383 MIDWEST COMMUNICATIONS & MEDIA 2015 ROUNDWYCK LANE POWELL OH 43065 MARKETING 1992257 36 117802769 117802769 92017 92017 CLASSROOM FEES 21512 21512 21512 117916298 113529 39755764 38059420 1696344 4626278 4626278 16009268 15689083 320185 849117 849117 124088 124088 1657289 1657289 MATERIALS AND SUPPLIES 23553183 23553183 PROFESSIONAL & TECH SERV 11456357 7137222 4319135 COMMUNICATIONS 10808740 10808740 PENSION EXPENSE 4605396 4605396 6578874 6578874 120024354 113688690 6335664 0 19363927 24031920 55742 47695 1496037 8421883 10830515 3782798 6472316 7047717 15378936 12862419 42766958 52411634 7732465 8120090 17105774 3225933 86224366 10958398 111450230 X 12942160 -75473785 12394084 9387472 6472316 7047717 31808560 -59038596 42766958 52411634 X -2108056 -88739100 X false true true true true X 83259598 88246842 101970724 114876960 117802769 506156893 83259598 88246842 101970724 114876960 117802769 506156893 506156893 68497 70131 73947 76327 92017 380919 17871 38446 20597 1320 21512 99746 506637558 0.99910 0.99900 X PART II, LINE 10 CLASSROOM FEES 70,554 OTHER OPERATING REVENUE 29,192 1120000 1120000 3345870 314194 3031676 6364645 3468604 2896041 7047717 SECURITY DEPOSITS 5402815 INTERGOVERNMENTAL RECEIVABLE 4774796 INVENTORY OF SUPPLIES 2684808 12862419 NET PENSION LIABILITY 83343137 NOTES PAYABLE 1880450 INTERGOVERNMENTAL PAYABLE 632878 COMPENSATED ABSENCES PAYABLE 367901 86224366 117916298 117916298 117916298 120024354 120024354 120024354 X X X false false false false false false false false false BRITTNY PIERSON CHIEF OF STAFF 186614 62159 248773 RICK TEETERS SUPERINTENDENT 180409 71753 252162 MICHELE SMITH TREASURER 136624 45899 182523 CHRISTOPHER MEISTER DEPUTY SUP /VP FIN 127389 34836 162225 FORM 990 - ORGANIZATION'S MISSION ECOT OFFERS A VIABLE ALTERNATIVE TO PREPARE PUPILS WITH THE ACADEMIC FOUNDATION TO BE POSITIVE CONTRIBUTORS TO SOCIETY. ECOT WILL PROVIDE STUDENTS AND FAMILIES WITH A SAFE, SECURE, ELECTRONIC GATEWAY, WHILE INDIVIDUALIZING INSTRUCTION SUPPORTED BY HIGHLY QUALIFIED FACULTY AND STAFF. FORM 990, PAGE 6, PART VI, LINE 11B ECOT IS REQUIRED TO ELECTRONICALLY EFILE ITS FORM 990. UPON COMPLETION OF THE FORM 990 BY A PUBLIC ACCOUNTING FIRM, THE FORM 990 IS REVIEWED BY THE TREASURER AND THEN FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 19 ECOT PUBLIC DOCUMENTS CAN BE REQUESTED VIA THE ECOT WEBSITE OR AT THE ADMINISTRATIVE OFFICE LOCATION AT 3700 S. HIGH ST., COLUMBUS, OH. FORM 990, PART XI, LINE 9 DEFERRED OUTFLOW 5,963,194 NET PENSION LIABILITY 94,702,294 CHANGE IN ACCOUNTING PRINCIPAL AND RESTATEMENT OF NET POSITION FOR FISCAL YEAR 2015, THE SCHOOL IMPLEMENTED GASB STATEMENT NO 68, ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS AND GASB STATEMENT NO. 71, PENSION TRANSITION FOR CONTRIBUTIONS MADE SUBSEQUENT TO THE MEASUREMENT DATE AN AMENDMENT OF GASB STATEMENT NO 68." GASB 68 ESTABLISHED STANDARDS FOR MEASURING AND RECOGNIZING PENSION LIABILITIES, DEFERRED OUTFLOWS OF RESOURCES, DEFERRED INFLOWS OF RESOURCES AND EXPENSE/EXPENDITURE. AS A RESULT OF THIS IMPLEMENTATION, ECOT'S NET POSITION AS OF 6/30/2014 WAS RESTATED. SUMMARY - NET POSITION, JUNE 30, 2014, AS PREVIOUSLY REPORTED 31,808,560 NET PENSION LIABILITY (94,702,294) DEFERRED OUTFLOW PAYMENT SUBSEQUENT TO MEASUREMENT DATE, JUNE 30, 2014 5,963,194 NET POSITION, JUNE 30, 2014, AS RESTATED (56,930,540)