Civic Intelligence

Zeno

990 • Fiscal year 2016 • EIN 20-5570858

Sep 01, 2015 to Aug 31, 2016 • Filed on Mar 18, 2017

1404 East Yesler WaySeattle, WA 98122

(206) 325-0774

Siviq Scores

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

Liabilities / Assets

50th percentile

0.04x

Higher debt load relative to assets than 50% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

52nd percentile

0.04x

Higher debt load relative to revenue than 52% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

64th percentile

8.7%

Higher net margin than 64% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

59th percentile

5.0%

Faster asset growth than 59% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

55th percentile

5.4%

Faster revenue growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$958,562

Up $45,280 (+5.0%) from 2015

Net Assets

Up

$920,733

Up $69,173 (+8.1%) from 2015

Liabilities

Down

$37,829

Down $23,893 (-39%) from 2015

Revenue

Up

$859,118

Up $43,761 (+5.4%) from 2015

Expenses

Up

$784,089

Up $11,439 (+1.5%) from 2015

Net Income

Up

$75,029

Up $32,322 (+76%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $615,535Liabilities 2010: $9,619Net Assets 2010: $605,9162010Assets 2011: $641,293Liabilities 2011: $22,779Net Assets 2011: $618,5142011Assets 2012: $686,068Liabilities 2012: $34,775Net Assets 2012: $651,2932012Assets 2013: $737,471Liabilities 2013: $18,996Net Assets 2013: $718,4752013Assets 2014: $785,845Liabilities 2014: $16,992Net Assets 2014: $768,8532014Assets 2015: $913,282Liabilities 2015: $61,722Net Assets 2015: $851,5602015Assets 2016: $958,562Liabilities 2016: $37,829Net Assets 2016: $920,7332016Assets 2017: $813,604Liabilities 2017: $68,923Net Assets 2017: $744,6812017Assets 2018: $673,667Liabilities 2018: $10,816Net Assets 2018: $662,8512018Assets 2019: $646,107Liabilities 2019: $84,946Net Assets 2019: $561,1612019Assets 2020: $807,611Liabilities 2020: $246,557Net Assets 2020: $561,0542020Assets 2021: $598,765Liabilities 2021: $9,062Net Assets 2021: $589,7032021Assets 2022: $691,459Liabilities 2022: $24,664Net Assets 2022: $666,7952022Assets 2023: $565,872Liabilities 2023: $12,059Net Assets 2023: $553,8132023Assets 2024: $582,911Liabilities 2024: $52,763Net Assets 2024: $530,1482024Assets 2025: $485,271Liabilities 2025: $7,244Net Assets 2025: $478,0272025

Highlighted filing

2016

Assets$958,562
Liabilities$37,829
Net Assets$920,733

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $535,7372010Expenses 2011: $725,8952011Revenue 2012: $847,372Expenses 2012: $814,593Net Income 2012: $32,7792012Expenses 2013: $772,1372013Revenue 2014: $875,616Expenses 2014: $825,238Net Income 2014: $50,3782014Revenue 2015: $815,357Expenses 2015: $772,650Net Income 2015: $42,7072015Revenue 2016: $859,118Expenses 2016: $784,089Net Income 2016: $75,0292016Revenue 2017: $958,034Expenses 2017: $1,114,086Net Income 2017: -$156,0522017Revenue 2018: $1,199,349Expenses 2018: $1,292,320Net Income 2018: -$92,9712018Revenue 2019: $1,548,453Expenses 2019: $1,650,143Net Income 2019: -$101,6902019Revenue 2020: $1,579,529Expenses 2020: $1,579,636Net Income 2020: -$1072020Revenue 2021: $1,472,868Expenses 2021: $1,444,219Net Income 2021: $28,6492021Revenue 2022: $1,565,499Expenses 2022: $1,488,407Net Income 2022: $77,0922022Revenue 2023: $1,015,136Expenses 2023: $1,128,118Net Income 2023: -$112,9822023Revenue 2024: $976,140Expenses 2024: $999,805Net Income 2024: -$23,6652024Revenue 2025: $756,368Expenses 2025: $803,489Net Income 2025: -$47,1212025

Highlighted filing

2016

Revenue$859,118
Expenses$784,089
Net Income$75,029
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Mar 18, 2017
Return Version
2015v3.0
Gross Receipts
$920,733
Mission and Program Overview

Mission

Zeno inspires children to love math. We accomplish this by working directly with the adults in children's lives to increase children's competence and confidence in math with fun and engaging activities. We serve early learners and elementary school-aged children in communities of greatest need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$450,657$655,416▲ $204,759
Cash and Non-Interest-Bearing Accounts$458,139$265,309▼ $192,830
Accounts Receivable$1,825$25,000▲ $23,175
Land, Buildings, and Equipment, Net$1,041$8,546▲ $7,505
Prepaid Expenses and Deferred Charges$1,620$2,671▲ $1,051
Total Assets$913,282$958,562▲ $45,280
Other Assets Total-$1,620-
Liabilities
Unsecured Notes Loans Payable$60,000$30,000▼ $30,000
Accounts Payable and Accrued Expenses$1,722$7,829▲ $6,107
Total Liabilities$61,722$37,829▼ $23,893
Net Assets / Fund Balance
Unrestricted Net Assets$811,560$900,733▲ $89,173
Temporarily Rstr Net Assets$40,000$20,000▼ $20,000
Total Net Assets Fund Balance$851,560$920,733▲ $69,173
Total Liabilities and Net Assets / Fund Balance$913,282$958,562▲ $45,280

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,546$27,613$36,159
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Julie MarlExecutive DiFT$60,624$60,624

Board Members and Trustees

NameTitle
Bill EllisChairman
Eric BermanVice Chairma
Azar KoulibalyDirector
Fred HoltDirector
Kate DonnellyDirector
Kevin HagwellDirector
Laura LarsonDirector
Megan ScottDirector
Molly HanlonDirector
Stefan KarischDirector
Stephanie CherringtonDirector
Steve BruggerDirector
Eu-wanda EagansSecretary
Ian FarrellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$885,599
Program Service Revenue
$15,276
Investment Income
$5,030
Other Revenue
$-46,787
All Other Contributions
$685,438
Change in Net Assets
$75,029

Audited Revenue Reconciliation

Revenue per Audited Statements
$859,118
Revenue Not Reported on Form 990
$20,377
Total Revenue per Audited Statements
$879,495
Total Revenue per Form 990
$859,118
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$529,357
Other Expenses$254,717
Total Fundraising Expense$174,408
Professional Fundraising Fees$15
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$274,255$6,980$116,848$398,083
Current Officers, Directors, Trustees, and Key Employees$40,482$13,494$35,984$89,960
Occupancy$3,105$42,100$218$45,423
Payroll Taxes$26,809$178$13,188$40,175
Office Expenses$7,610$12,288$1,479$21,377
Information Technology-$16,280-$16,280
Fees for Services Other$3,924$6,336$4,832$15,092
Fees for Services Accounting-$12,449-$12,449
Other Expenses$11,534--$11,534
Travel$4,691$2,718$1,844$9,253
Insurance-$3,069-$3,069
Depreciation Depletion-$1,494-$1,494
Other Employee Benefits-$1,139-$1,139
Fees for Services Professional Fundraising--$15$15
Total Functional Expenses$491,156$118,525$174,408$784,089

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$804,466
Expenses per Audited Statements$784,089
Total Expenses per Form 990$784,089
Expenses Not Reported on Form 990$20,377
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$61,615
Fundraising Gross Income$14,828
Professional Fundraising Fees$15

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Make a Move$214,989$14,828$17,881$-3,053
Total Events$214,989$14,828$61,615$-46,787
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the form 990 is reviewed by the board of directors at a scheduled meeting before it is filed.

Form 990, Page 6, Part VI, Line 12C

The organization reviews the conflict of interest via individual meetings as well as via board meetings on an annual basis. Each director signs a statement stating their understanding of the conflict of interest policy and their responsibility to disclose conflicts.

Form 990, Page 6, Part VI, Line 15A

Compensation of the executive director is reviewed and approved by the board of directors.

Form 990, Page 6, Part VI, Line 15B

A review of available compensation data is made as each staff member is considered for compensation adjustments.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Zeno
EIN
20-5570858
Phone
2063250774
Address
1404 EAST YESLER WAY, SEATTLE, WA 98122

Signing Officer

Name
Julie Marl
Title
Executive Director
Phone
2063250774
Signed
2017-03-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Ellis
Formed
2006
Legal Domicile
Wa
Voting Board Members
14
Independent Board Members
14
Employees
15
Volunteers
250

Preparer

Firm
Finney Neill & Company Ps
Address
9757 GREENWOOD AVE N, SEATTLE, WA 98103
Preparer
Joshua J Breiling CPA
Phone
2062989811
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Zeno inspires children to love math. We accomplish this by working directly with the adults in children's lives to increase children's competence and confidence in math with fun and engaging activities. We serve early learners and elementary school-aged children in communities of greatest need.

Form 990, Part XI, Line 9

Restricted assets -5,856 total -5,856

Financial Statement Notes

Schedule D, Page 3, Part X

Zeno is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and is not classified as a private foundation. Therefore, zeno has made no provision for federal income taxes in the accompanying financial statements. In addition, there was no unrelated business income for the year ended august 31, 2016. Zeno accounts for tax positions in accordance with fasb accounting standards codification topic 740, income taxes. With few exceptions, zeno is subject to federal and state income tax examinations by tax authorities for the prior three years. Management has reviewed zenos tax positions and determined there were no uncertain tax positions as of august 31, 2016.

Schedule D, Page 4, Part XI, Line 2D

Donated non-cash auction items 20,377

Schedule D, Page 4, Part XII, Line 2D

Donated non-cash auction items 20,377

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IRS990/MissionDesc0ZENO INSPIRES CHILDREN TO LOVE MATH. WE ACCOMPLISH THIS BY WORKING DIRECTLY WITH THE ADULTS IN CHILDREN'S LIVES TO INCREASE CHILDREN'S COMPETENCE AND CONFIDENCE IN MATH WITH FUN AND ENGAGING ACTIVITIES. WE SERVE EARLY LEARNERS AND ELEMENTARY SCHOOL-AGED CHILDREN IN COMMUNITIES OF GREATEST NEED.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ZENO IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THEREFORE, ZENO HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED AUGUST 31, 2016. ZENO ACCOUNTS FOR TAX POSITIONS IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES. WITH FEW EXCEPTIONS, ZENO IS SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE PRIOR THREE YEARS. MANAGEMENT HAS REVIEWED ZENOS TAX POSITIONS AND DETERMINED THERE WERE NO UNCERTAIN TAX POSITIONS AS OF AUGUST 31, 2016.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DONATED NON-CASH AUCTION ITEMS 20,377

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.49$0.01$0.48$0.76$0.80$0.05
2024Detailed filing. Detailed filing data is available for this year.$0.58$0.05$0.53$0.98$1.00$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.57$0.01$0.55$1.02$1.13$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.69$0.02$0.67$1.57$1.49$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.60$0.01$0.59$1.47$1.44$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.81$0.25$0.56$1.58$1.58$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.08$0.56$1.55$1.65$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.67$0.01$0.66$1.20$1.29$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.81$0.07$0.74$0.96$1.11$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.96$0.04$0.92$0.86$0.78$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.91$0.06$0.85$0.82$0.77$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.79$0.02$0.77$0.88$0.83$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.02$0.72$0.77
2012Summary only. Only limited summary data is available for this year.$0.69$0.03$0.65$0.85$0.81$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.02$0.62$0.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.01$0.61$0.54