Civic Intelligence

Student Lendingworks Inc

990 • Fiscal year 2011 • EIN 20-1887944

Jul 01, 2010 to Jun 30, 2011 • Filed on May 03, 2012

Organization Profilewww.studentlendingworks.org
One West Fourth Street No 28545202-3634
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $37,561,699 (-100%) from 2010

Net Assets

Up

$0

Up $32,172 (+100%) from 2010

Liabilities

Down

$0

Down $37,593,871 (-100%) from 2010

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$226,031

Down $352,533 (-61%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0-$10MAssets 2010: $37,561,699Liabilities 2010: $37,593,871Net Assets 2010: -$32,1722010Assets 2011: $0Liabilities 2011: $0Net Assets 2011: $02011Assets 2012: $0Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $1Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2011

Assets$0
Liabilities$0
Net Assets$0
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0Expenses 2010: $578,5642010Expenses 2011: $226,0312011Revenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $13,983,643Expenses 2015: $11,789,938Net Income 2015: $2,193,7052015

Highlighted filing

2011

Revenue-
Expenses$226,031
Net Income-
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
May 3, 2012
Return Version
2010v3.4
Gross Receipts
$700,365
Mission and Program Overview

Mission

Student LendingWorks, Inc. was the state of Ohio's designated nonprofit provider of student loan products and was organized for the charitable and educational purposes of assisting individuals in obtaining an education in an economic fashion and expanding the availability of student loans. Student LendingWorks, Inc. mission is to help students and their families plan to pay for college by providing counseling and guidance about financial aid, educating students on scholarships, grants, work-student programs and borrowing options.

Filing and Contact Details

Filer

EIN
20-1887944
Raw XML AppendixShowing 400 of 546 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReview00
IRS990/AccountsPayableAccruedExpenses/BOY0106314
IRS990/AccountsReceivable/BOY0877600
IRS990/ActivitiesConductedPartnership00
IRS990/ActivityOrMissionDescription0Assisting individuals in obtaining an education & expanding student loan availability.
IRS990/AddressPrincipalOfficerUS/AddressLine10One West Fourth Street No 285
IRS990/AddressPrincipalOfficerUS/City0Cincinnati
IRS990/AddressPrincipalOfficerUS/State0OH
IRS990/AddressPrincipalOfficerUS/ZIPCode0452023634
IRS990/AnnualDisclosureCoveredPersons01
IRS990/AuditCommittee01
IRS990/BenefitsPaidToMembersCY00
IRS990/BenefitsPaidToMembersPriorYear00
IRS990/BsnssRltnshpThruFamilyMember00
IRS990/BsnssRltnshpWithOrganization00
IRS990/CashNonInterestBearing/BOY0323802
IRS990/ChangesToOrganizingDocs01
IRS990/CollectionsOfArt00
IRS990/CompCurrentOfficersDirectors/ProgramServices04500
IRS990/CompCurrentOfficersDirectors/Total04500
IRS990/CompensationFromOtherSources00
IRS990/CompensationProcessCEO01
IRS990/CompensationProcessOther01
IRS990/ComplianceWithBackupWitholding01
IRS990/ConflictOfInterestPolicy01
IRS990/ConservationEasements00
IRS990/ConsolidatedAuditFinancialStmt01
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine10PO Box 8970
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City0Madison
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State0WI
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode0537088970
IRS990/ContractorCompensation/Compensation0191829
IRS990/ContractorCompensation/DescriptionOfServices0Loan Servicing
IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine10Great Lakes Higher Education Corporation
IRS990/ContributionsGrantsCurrentYear00
IRS990/ContributionsGrantsPriorYear00
IRS990/CreditCounseling00
IRS990/DecisionsSubjectToApproval01
IRS990/DeductibleContributionsOfArt00
IRS990/DeductibleNonCashContributions00
IRS990/DelegationOfManagementDuties01
IRS990/DescribedIn501C301
IRS990/Description0Loan originations from inception were approximately $125 million. Student LendingWorks, Inc. has provided more than 16,000 students and their families with financial aid guidance, regardless of their eligibility for loans, in order to help them to make an informed decision regarding financing post-secondary education.
IRS990/DisregardedEntity00
IRS990/DocumentRetentionPolicy01
IRS990/DonorAdvisedFunds00
IRS990/ElectionOfBoardMembers01
IRS990/ExcessBenefitTransaction00
IRS990/Expense0226031
IRS990/FamilyOrBusinessRelationship00
IRS990/FederalGrantAuditRequired00
IRS990/FinancialStatementConsolidated0X
IRS990/FollowSFAS1170X
IRS990/ForeignActivities00
IRS990/ForeignFinancialAccount00
IRS990/ForeignOffice00
IRS990/Form8282PropertyDisposedOf00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek01.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek11.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek21.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek31.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek41.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek51.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/NamePerson0Joseph P Tomain Esq
IRS990/Form990PartVIISectionA/NamePerson1Robert E Wildermuth
IRS990/Form990PartVIISectionA/NamePerson2Chad P Wick
IRS990/Form990PartVIISectionA/NamePerson3Brian Ross start 0810
IRS990/Form990PartVIISectionA/NamePerson4William L McNeese
IRS990/Form990PartVIISectionA/NamePerson5Holly A Brinkman
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/OtherCompensation010000
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation2165624
IRS990/Form990PartVIISectionA/OtherCompensation322132
IRS990/Form990PartVIISectionA/OtherCompensation458248
IRS990/Form990PartVIISectionA/OtherCompensation550501
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization02000
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization14500
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs024400
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs113000
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs21589871
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs3131440
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs4206614
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs5161629
IRS990/Form990PartVIISectionA/Title0Chair of Board
IRS990/Form990PartVIISectionA/Title1Treasurer/Secretary
IRS990/Form990PartVIISectionA/Title2Chief Executive Officer
IRS990/Form990PartVIISectionA/Title3President
IRS990/Form990PartVIISectionA/Title4Vice President
IRS990/Form990PartVIISectionA/Title5Vice President/Assist Sec
IRS990/Form990ProvidedToGoverningBody01
IRS990/FormersListed00
IRS990/FSAudited01
IRS990/FundraisingActivities00
IRS990/FundsToPayPremiums00
IRS990/Gaming00
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsAndSimilarAmntsPriorYear00
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossReceipts0700365
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt00
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXI0X
IRS990/Interest/ProgramServices088709
IRS990/Interest/Total088709
IRS990/InvestmentIncomeCurrentYear01
IRS990/InvestmentIncome/ExclusionAmount01
IRS990/InvestmentIncomePriorYear010
IRS990/InvestmentIncome/TotalRevenueColumn01
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsProgramRelated/BOY036290409
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders01
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0Student LendingWorks, Inc. the State of Ohio's designated nonprofit provider of student loan products, was organized for the charitable and educational purposes of assisting individuals in obtaining an education in an economic fashion and expanding the availability of student loans. Student LendingWorks, Inc.'s mission is to help students and their families plan to pay for college by providing counseling and guidance about financial aid, educating students on scholarships, grants, work-student programs and borrowing options.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/MortNotesPyblSecuredInvestProp/BOY036986544
IRS990/NameOfPrincipalOfficerPerson0Brian A Ross
IRS990/NbrIndependentVotingMembers02
IRS990/NbrVotingGoverningBodyMembers04
IRS990/NbrVotingMembersGoverningBody04
IRS990/NetAssetsOrFundBalancesBOY0-32172
IRS990/NetAssetsOrFundBalancesEOY00
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith109602
IRS990/NumberIndependentVotingMembers02
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K01
IRS990/NumberOfEmployees00
IRS990/NumberW2GIncluded00
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY068075
IRS990/OtherAssetsTotal/EOY00
IRS990/OtherExpensePriorYear0568814
IRS990/OtherExpensesCurrentYear0221531
IRS990/OtherExpenses/Description0Professional Svc Fees
IRS990/OtherExpenses/Description1Student Loan Servicing
IRS990/OtherExpenses/Fundraising00
IRS990/OtherExpenses/Fundraising10
IRS990/OtherExpenses/ManagementAndGeneral00
IRS990/OtherExpenses/ManagementAndGeneral10
IRS990/OtherExpenses/ProgramServices075717
IRS990/OtherExpenses/ProgramServices157105
IRS990/OtherExpenses/Total075717
IRS990/OtherExpenses/Total157105
IRS990/OtherLiabilities/BOY0501013
IRS990/OtherLiabilities/EOY00
IRS990/OtherRevenueCurrentYear00
IRS990/OtherRevenuePriorYear00
IRS990/OwnWebsite0X
IRS990/PartialLiquidation00
IRS990/PoliticalActivities00
IRS990/PremiumsPaid00
IRS990/PrepaidExpensesDeferredCharges/BOY01813
IRS990/PriorExcessBenefitTransaction00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0611710
IRS990/ProgramServiceRevenue/BusinessCode1611710
IRS990/ProgramServiceRevenue/BusinessCode2611710
IRS990/ProgramServiceRevenue/BusinessCode3611710
IRS990/ProgramServiceRevenueCY0700364
IRS990/ProgramServiceRevenue/Description0Gain on Sale of Loans
IRS990/ProgramServiceRevenue/Description1Borrower Int. Income
IRS990/ProgramServiceRevenue/Description2Government Int. Income
IRS990/ProgramServiceRevenue/Description3Special Allow. Rebate
IRS990/ProgramServiceRevenuePriorYear0754271
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome0550598
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome1396393
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome2168389
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome3-415016
IRS990/ProgramServiceRevenue/TotalRevenueColumn0550598
IRS990/ProgramServiceRevenue/TotalRevenueColumn1396393
IRS990/ProgramServiceRevenue/TotalRevenueColumn2168389
IRS990/ProgramServiceRevenue/TotalRevenueColumn3-415016
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/ReconcilationOtherChanges0-442162
IRS990/ReconcilationRevenueExpenses0474334
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity01
IRS990/RelatedOrgControlledEntity01
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip00
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities00
IRS990/ReportProgRelInvest00
IRS990/Revenue0700364
IRS990/RevenuesLessExpensesCY0474334
IRS990/RevenuesLessExpensesPriorYear0175717
IRS990/SalariesEtcCurrentYear04500
IRS990/SalariesEtcPriorYear09750
IRS990ScheduleA/AmtsFromSubstContributors/Total00
IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total00
IRS990ScheduleA/GeneralExplanation0Schedule A, Part II, Line 12, Explanation of Other Income: Fee Income Student Loan Write Ups
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYear01
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus1Year010
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years020
IRS990ScheduleA/GrossInvestmentIncome509/Total031
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear0700364
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year0754271
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years0277056
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years01081406
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years01455403
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total04268500
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYear01
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus1Year010
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years020
IRS990ScheduleA/InvestmentIncomeAndUBTI/Total031
IRS990ScheduleA/InvestmentIncomePercentage00.00000
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus3Years0540
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus4Years047881
IRS990ScheduleA/OtherIncome509/Total048421
IRS990ScheduleA/PriorYearSupportPercentage00.98720
IRS990ScheduleA/PriorYrInvestIncomePercentage00.00000
IRS990ScheduleA/PubliclySupportedOrg509a20X
IRS990ScheduleA/PublicSupportPercentage50900.98880
IRS990ScheduleA/PublicSupportTotal50904268500
IRS990ScheduleA/SupportFromDQPsEtc/Total00
IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
IRS990ScheduleA/Total509/CurrentTaxYear0700364
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year0754271
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years0277056
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years01081406
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years01455403
IRS990ScheduleA/Total509/Total04268500
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear0700365
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year0754281
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years0277076
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years01081946
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years01503284
IRS990ScheduleA/TotalSupportTotal/Total04316952
IRS990/ScheduleBRequired00
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0Part X: Footnotes of Consolidated Audit Report of Parent (KnowledgeWorks Foundation): On July 1, 2009, the Foundation adopted Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 740, Income Taxes, which prescribed a comprehensive model for how an organization should measure, recognize, present, and disclose in its financial statements uncertain tax positions that an organization has taken or expects to take on a tax return. The Foundation has analyzed tax positions taken for filing with the IRS and all state jurisdictions where it operates. The Foundation believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the Foundation's financial position, statement of activities, or cash flows. Accordingly, the Foundation has not recorded any reserves or related accruals for interest and penalties for uncertain income tax positions at June 30, 2011 and 2010. In the event interest and penalties accrued on unrecognized tax benefits, the Foundation would recognize such amounts as a component of income tax expense.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0Description of Uncertain Tax Positions Under FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0Part X:
IRS990ScheduleD/TotalOfBookValueLandBuildings00
IRS990ScheduleJ/AnyNonFixedPayments01
IRS990ScheduleJ/CompBasedNetEarningsFilingOrg00
IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs00
IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg00
IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs00
IRS990ScheduleJ/EquityBasedCompArrangement00
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg20
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg30
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg20
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg30
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs054360
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs125000
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs225000
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs320000
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs0314586
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs1106440
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs2181614
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs3141629
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg20
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg30
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs0786196
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs20
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs30
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg11500
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg20
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg30
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs0144572
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs110900
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs232920
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs325422
IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0Part I, Line 3: KnowledgeWorks Foundation, a related organization of Student LendingWorks, Inc.'s uses the following methods to establish the compensation of the organization's CEO: - Compensation Committee; - Independent Compensation Consultant; - Form 990 of Other Organizations; - Written Employment Contract; - Compensation Survey or Study; and - Approval by the Board or Compensation Committee. Part I, Line 4b: Contribution to 457(f) Plan: Chad Wick, $105,108 from related organization. The 457(f) Plan is a nonqualified retirement plan for the KnowledgeWorks Foundation CEO. Part I, Line 7: KnowledgeWorks Foundation, Student LendingWorks, Inc.'s parent organization, offers an individual incentive based bonus program, where the annual payout is determined by a discretionary evaluation of each person's performance.
IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation1Schedule J, Part II: Description of Chad Wick's Compensation: In June 2010, Chad P. Wick, then KnowledgeWorks Foundation's President and CEO, reached the vesting date of his deferred compensation plan ("Plan") with KnowledgeWorks Foundation. As a result, the balance in the Plan, $1,220,925, was paid to Mr. Wick by KnowledgeWorks Foundation. This balance represented amounts earned by Mr. Wick in the Plan (and related interest) over 11 years. Of the amount paid in 2010, $786,198 was previously reported on prior years' Forms 990 as deferred compensation. The Plan was reviewed and approved by KnowledgeWorks Foundation's independent Human Resources and Compensation Committee. The Committee relied on an independent compensation consultant which advised it that Mr. Wick's compensation (including accruals under the Plan) was reasonable. This determination considered Mr. Wick's responsibilities for KnowledgeWorks Foundation and its related organizations which include KWI, KnowledgeFunding Ohio, Inc., Student LendingWorks, Inc., New Technology Foundation, KnowledgeWorks Intermediary, LLC, Edworks, LLC, New Technology Network, LLC, Strive, LLC and KWSL, LLC. These organizations had collective revenues of $29,157,000, expenses of $42,653,000 and assets of $653,547,000.
IRS990ScheduleJ/Form990ScheduleJPartIII/Identifier0Supplemental Information
IRS990ScheduleJ/Form990ScheduleJPartIII/Identifier1Supplemental Information
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0Part III
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference1Part III
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0Chad P Wick
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson1Brian Ross start 0810
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson2William L McNeese
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson3Holly A Brinkman
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg20
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg30
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs021052
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs19732
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs225328
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs325079
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg20
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg30
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs01220925
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs20
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs30
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg11500
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg20
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg30
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs01755495
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs1152072
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs2264862
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs3212130
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan01
IRS990ScheduleO/GeneralExplanation/Explanation0Effective July 1, 2010, the Federal Family Education Loan Program (FFELP) was eliminated as part of the Health Care Reform Reconciliation package. As a result, Student LendingWorks, Inc. is not able to originate FFELP student loans. On September 23, 2010, Student LendingWorks, Inc. sold its student loan portfolio to the Department of Education.
IRS990ScheduleO/GeneralExplanation/Explanation1Management and operational activities of Student LendingWorks, Inc. are performed by KWSL, LLC, a wholly owned subsidiary of KnowledgeWorks Foundation. Student LendingWorks, Inc. and KWSL, LLC have entered into an administrative agreement in regards to this activity.
IRS990ScheduleO/GeneralExplanation/Explanation2Student LendingWorks, Inc. amended its Regulations to permit the separation of the offices of President and Chief Executive Officer.
IRS990ScheduleO/GeneralExplanation/Explanation3Student LendingWorks, Inc. has a single corporate member, KnowledgeWorks Foundation.
IRS990ScheduleO/GeneralExplanation/Explanation4Student LendingWorks, Inc. has a single corporate member, KnowledgeWorks Foundation, who has the ability to elect members to the governing body of Student LendingWorks, Inc.
IRS990ScheduleO/GeneralExplanation/Explanation5All decisions that have a material impact to Student LendingWorks, Inc.'s financial information or corporation as a whole are subject to approval by its sole corporate member, KnowledgeWorks Foundation.
IRS990ScheduleO/GeneralExplanation/Explanation6After completion by the preparer, the draft of the Form 990 is reviewed by the Vice Presidents. The final draft of the Form 990 is reviewed with the Audit Committee. After it receives the approval of the Audit Committee, the final Form 990 is distributed to all members of the Board of Directors before it is filed.
IRS990ScheduleO/GeneralExplanation/Explanation7On an annual basis the conflict of interest policy is distributed to the directors, officers and key employees along with a questionnaire that must be completed, signed and returned to legal counsel.
IRS990ScheduleO/GeneralExplanation/Explanation8The officers and key employees are not compensated by Student LendingWorks, Inc. Their compensation is determined by the Compensation Committee of the parent company, KnowledgeWorks Foundation, who employs those individuals. KnowledgeWorks Foundation uses the following procedures to establish the compensation of the organizations CEO: The compensation of the CEO, other officers, and key employees are set by the Compensation Committee of the Board of Directors utilizing a compensation study performed by an independent compensation consulting firm comparing similar positions in similar organizations.
IRS990ScheduleO/GeneralExplanation/Explanation9The consolidated financial statements of Student LendingWorks, Inc. and its parent company, KnowledgeWorks Foundation, are available on the KnowledgeWorks Foundation website. The Student LendingWorks, Inc. Form 990 is available on its own website. The governing documents and conflict of interest policy are available upon request.
IRS990ScheduleO/GeneralExplanation/Explanation10Transfer of net assets to KnowledgeWorks Foundation -442,162. Total to Form 990, Part XI, Line 5: -442,162.
IRS990ScheduleO/GeneralExplanation/Explanation11Services provided by KnowledgeWorks Foundation on behalf of Student LendingWorks, Inc. are based on actual time reported by employees and actual expenses, supported by invoices and receipts. Student loan purchases and sales during the year were at cost value.
IRS990ScheduleO/GeneralExplanation/Identifier0Changes in Program Services
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990, Part VI, Section A, line 3
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990, Part VI, Section A, line 4
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990, Part VI, Section A, line 6
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/GeneralExplanation/Identifier5Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/GeneralExplanation/Identifier6Form 990, Part VI, Section B, line 11
IRS990ScheduleO/GeneralExplanation/Identifier7Changes in Net Assets or Fund Balances:
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part III, line 3
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part XI, line 5:
IRS990ScheduleO/GeneralExplanation/ReturnReference5Schedule R, Part V, Line 2:
IRS990/ScheduleORequired01
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine10One West Fourth Street Suite 200
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine11One West Fourth Street Suite 200
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine12One West Fourth Street Suite 250
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine134350 Glendale Milford Road Suite 23
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine14935 Clinton Street
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0Cincinnati
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City1Cincinnati
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City2Cincinnati
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City3Cincinnati
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City4Napa
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0OH
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State1OH
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State2OH
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State3OH
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State4CA
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode0452023634
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode1452023634
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode2452023634
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode3452423700
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode494559
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg00
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg11
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg21
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg31
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg41
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityNA0N/A
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine10KnowledgeWorks Foundation
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine11KnowledgeWorks Foundation
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine12KnowledgeWorks Foundation
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine13KnowledgeWorks Foundation
IRS990ScheduleR/Form990ScheduleRPartII/EIN0311321973
IRS990ScheduleR/Form990ScheduleRPartII/EIN1311776354
IRS990ScheduleR/Form990ScheduleRPartII/EIN2201888000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
-
Expenses
$226,031
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$14.0$11.8$2.19
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.6$37.6$0.03$0.58
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2011 filings • 501(c)3 • $500k-$1M nonprofits