Civic Intelligence

Highscope Educational Research Foundation

990 • Fiscal year 2014 • EIN 23-7001501

Oct 01, 2013 to Sep 30, 2014 • Filed on Apr 21, 2015

600 N River Street48198

(734) 485-2000

Siviq Scores

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

Liabilities / Assets

50th percentile

0.19x

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

58th percentile

0.26x

Higher debt load relative to revenue than 58% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

33rd percentile

-1.0%

Higher net margin than 33% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

76th percentile

$192,143

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

60th percentile

5.8%

Faster asset growth than 60% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$9,322,644

Up $511,872 (+5.8%) from 2013

Net Assets

Down

$7,595,240

Down $24,377 (-0.3%) from 2013

Liabilities

Up

$1,727,404

Up $536,249 (+45%) from 2013

Revenue

$6,617,524

No earlier filing loaded for comparison.

Expenses

Up

$6,683,597

Up $458,923 (+7.4%) from 2013

Net Income

-$66,073

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $8,345,734Liabilities 2010: $1,453,386Net Assets 2010: $6,892,3482010Assets 2011: $8,255,488Liabilities 2011: $1,579,764Net Assets 2011: $6,675,7242011Assets 2012: $8,921,752Liabilities 2012: $1,599,431Net Assets 2012: $7,322,3212012Assets 2013: $8,810,772Liabilities 2013: $1,191,155Net Assets 2013: $7,619,6172013Assets 2014: $9,322,644Liabilities 2014: $1,727,404Net Assets 2014: $7,595,2402014Assets 2015: $8,776,045Liabilities 2015: $2,220,637Net Assets 2015: $6,555,4082015Assets 2017: $7,882,372Liabilities 2017: $1,707,833Net Assets 2017: $6,174,5392017Assets 2018: $6,392,341Liabilities 2018: $1,471,887Net Assets 2018: $4,920,4542018Assets 2019: $6,125,454Liabilities 2019: $1,918,857Net Assets 2019: $4,206,5972019Assets 2020: $5,598,392Liabilities 2020: $1,237,467Net Assets 2020: $4,360,9252020Assets 2021: $7,062,751Liabilities 2021: $1,067,467Net Assets 2021: $5,995,2842021Assets 2022: $6,811,282Liabilities 2022: $941,544Net Assets 2022: $5,869,7382022Assets 2023: $8,980,969Liabilities 2023: $2,464,461Net Assets 2023: $6,516,5082023Assets 2024: $8,949,200Liabilities 2024: $1,003,729Net Assets 2024: $7,945,4712024

Highlighted filing

2014

Assets$9,322,644
Liabilities$1,727,404
Net Assets$7,595,240

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $5,861,0592010Expenses 2011: $5,978,1552011Expenses 2012: $5,842,0422012Expenses 2013: $6,224,6742013Revenue 2014: $6,617,524Expenses 2014: $6,683,597Net Income 2014: -$66,0732014Revenue 2015: $6,757,280Expenses 2015: $7,254,158Net Income 2015: -$496,8782015Revenue 2017: $7,656,672Expenses 2017: $8,244,957Net Income 2017: -$588,2852017Revenue 2018: $8,121,944Expenses 2018: $8,888,435Net Income 2018: -$766,4912018Revenue 2019: $7,163,475Expenses 2019: $8,221,585Net Income 2019: -$1,058,1102019Revenue 2020: $6,275,006Expenses 2020: $6,291,746Net Income 2020: -$16,7402020Revenue 2021: $7,390,838Expenses 2021: $5,995,590Net Income 2021: $1,395,2482021Revenue 2022: $7,204,318Expenses 2022: $6,612,457Net Income 2022: $591,8612022Revenue 2023: $7,646,201Expenses 2023: $6,905,615Net Income 2023: $740,5862023Revenue 2024: $9,902,744Expenses 2024: $8,371,076Net Income 2024: $1,531,6682024

Highlighted filing

2014

Revenue$6,617,524
Expenses$6,683,597
Net Income-$66,073
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Apr 21, 2015
Return Version
2013v4.0
Gross Receipts
$8,237,307
Mission and Program Overview

Mission

Highscope supports the development of children birth through age eight by providing quality, research-based curriculum, professional learning and other supports within the context of families and their communities.

To lift lives through education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,178,564$6,221,353▲ $42,789
Accounts Receivable$720,399$1,036,202▲ $315,803
Inventories for Sale or Use$570,479$570,682▲ $203
Prepaid Expenses and Deferred Charges$331,826$439,158▲ $107,332
Land, Buildings, and Equipment, Net$401,949$409,158▲ $7,209
Cash and Non-Interest-Bearing Accounts$170,669$345,289▲ $174,620
Pledges and Grants Receivable$342,762$255,189▼ $87,573
Other Notes and Loans Receivable, Net$51,249$0▼ $51,249
Total Assets$8,810,772$9,322,644▲ $511,872
Other Assets Total$42,875$45,613▲ $2,738
Liabilities
Deferred Revenue$629,336$1,027,066▲ $397,730
Accounts Payable and Accrued Expenses$322,068$455,954▲ $133,886
Other Liabilities$239,751$244,384▲ $4,633
Total Liabilities$1,191,155$1,727,404▲ $536,249
Net Assets / Fund Balance
Unrestricted Net Assets$7,133,131$7,059,613▼ $73,518
Temporarily Rstr Net Assets$486,486$535,627▲ $49,141
Total Net Assets Fund Balance$7,619,617$7,595,240▼ $24,377
Total Liabilities and Net Assets / Fund Balance$8,810,772$9,322,644▲ $511,872

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$110,064$764,479$874,543
Equipment$129,869$640,434$770,303
Land$131,281-$131,281
Leasehold Improvements$37,944$44,032$81,976

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$5,614,718-▲ $431,075$403,989$5,612,600
2012$5,194,368-▲ $620,350$200,000$5,614,718
2011$3,755,179$851,526▲ $707,283$119,620$5,194,368
2010$3,878,191-▲ $6,988$130,000$3,755,179
2009$3,971,727-▲ $306,513$400,049$3,878,191
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lawrence SchweinhartFormer PresidentFT$165,104$27,039$192,143
Ann EpsteinSr. Curriculum DirectorFT$114,461$13,276$127,737
A Theresa SchenkChief Administrative OfficerFT$93,322$23,828$117,150
Cheryl PolkPresidentFT$31,135$461$31,596

Board Members and Trustees

NameTitle
Marianne Udow-phillipsBoard Chair
Sue BredecampBoard Vice-chair
Amy GoerlDirector
Ben EmdinDirector
Bonnie Lash FreemanDirector
Cynthia GardnerDirector
Deborah StipekDirector
Hank LevinDirector
James HawkinsDirector
Jana MartellaDirector
Kristen McdonaldDirector
Michael LopezDirector
Terry MurphyDirector
Steven SchwartzChief Financial Officer

Highest Paid Contractors

ContractorServicesLocationCompensation
Tgi DirectWarehouse And Fulfillment Servicse-$278,994
Rr DonnelleyMailing House-$152,491
Miami Valley Child Development CentersNumeracy Grant-$141,967
Revenue and Support

Revenue Composition

Contributions and Grants
$1,653,535
Program Service Revenue
$2,140,228
Investment Income
$400,217
Other Revenue
$2,423,544
All Other Contributions
$784,211
Change in Net Assets
$-66,073

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,584,709
Revenue Not Reported on Financial Statements
$32,815
Revenue Not Reported on Form 990
$1,373,767
Total Revenue per Audited Statements
$7,958,476
Total Revenue per Form 990
$6,617,524
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,468,058
Other Expenses$3,195,737
Total Fundraising Expense$21,470
Grants and Similar Amounts Paid$19,802
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,657,454$151,115-$1,808,569
Other Employee Benefits$923,734$214,311-$1,138,045
Fees for Services Other$1,084,698$26,752$20,315$1,131,765
Office Expenses$592,117$47,675$602$640,394
Current Officers, Directors, Trustees, and Key Employees$133,240$388,204-$521,444
Travel$474,487$20,878$553$495,918
All Other Expenses$70,066$19,826-$89,892
Advertising$86,371$1,765-$88,136
Conferences and Meetings$49,196$31,243-$80,439
Fees for Services Legal-$78,053-$78,053
Information Technology$17,513$47,951-$65,464
Insurance$175$61,819-$61,994
Other Expenses$61,235$8,366-$61,235
Depreciation Depletion$9,890$43,840-$53,730
Fees for Services Accounting-$36,825-$36,825
Occupancy$5,300$25,092-$30,392
Grants to Domestic Individuals$19,802--$19,802
Royalties$10,570--$10,570
Total Functional Expenses$5,458,244$1,203,883$21,470$6,683,597

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,982,853
Expenses per Audited Statements$6,683,597
Total Expenses per Form 990$6,683,597
Expenses Not Reported on Form 990$1,299,256
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Charitable Remainder Trust Obligation$125,027
Reserve for Fringe Benefits$119,357
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Part VI, Section B, Line 11

The finance committee reviews the 990, and a copy of the document is circulated to all board members.

Form 990, Part VI, Section B, Line 12C

Annually, each board member fills out a conflict of interest questionnaire. The ceo reviews the forms and notifies the board chair of any conflicts. If there are conflicts, they are dealt with on a case by case basis depending on the facts and circumstances.

Form 990, Part VI, Section B, Line 15

The president's salary is reviewed and approved by the finance committee of the board.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
23-7001501
Phone
7344852000

Signing Officer

Name
Cheryl Polk
Title
President
Phone
7344852000
Signed
2015-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cheryl Polk
Formed
1968
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
13
Employees
64
Volunteers
0

Preparer

Preparer
Kerry J Nelson CPA
Phone
5177876503
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contracted services: program service expenses 1,084,698. Management and general expenses 26,752. Fundraising expenses 20,315. Total expenses 1,131,765.

FORM 990, PART XI, LINE 9:

Actuarial adjustment for charitable remainder trust -13,892. Change in beneficial interest in charitable remainder trust 2,738.

Form 990, Part XII, Line 2C

The process for selecting and overseeing the work of the independent auditor has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

The primary long term financial objective for the organization's endowments is to preserve the real (inflation adjusted) purchasing power of endowment assets and income after accounting for endowment spending, inflation and costs of portfolio management. Performance of the overall endowment against this objective is measured over rolling periods of one, three and five years.

PART X, LINE 2:

The organization has evaluated its tax positions for the years 2011 through 2014, the years which remain subject to examination by major tax jurisdictions as of september 30, 2014. The organization concluded that there are no significant uncertain tax positions requiring recognition in the organizations financial statements. The organization does not expect the total amount of unrecognized tax benefits ("utb") (e.g. Tax deductions, exclusions, or credits claimed or expected to be claimed) to significantly change in the next twelve months. The organization does not have any amounts accrued for interest and penalties related to utb at september 30, 2014 and 2013, and it is not aware of any claims for such amounts by federal or state income tax authorities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 61,640. Cost of goods sold 1,237,616. Actuarial adjustment for charitable remainder trust -13,892. Change in beneficial interest in charitable remainder trust 2,738.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 61,640. Cost of goods sold 1,237,616.

Raw XML AppendixShowing 400 of 671 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm15A THERESA SCHENK
IRS990/Form990PartVIISectionAGrp/PersonNm16STEVEN SCHWARTZ
IRS990/Form990PartVIISectionAGrp/PersonNm17LAWRENCE SCHWEINHART
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14SR. CURRICULUM DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF ADMINISTRATIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17FORMER PRESIDENT
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IRS990/FormationYr01968
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IRS990/GrantAmt00
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IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GrossReceiptsAmt08237307
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IRS990/IncludeFIN48FootnoteInd01
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IRS990/IndoorTanningServicesInd00
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IRS990/InformationTechnologyGrp/ProgramServicesAmt017513
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IRS990/InsuranceGrp/ManagementAndGeneralAmt061819
IRS990/InsuranceGrp/ProgramServicesAmt0175
IRS990/InsuranceGrp/TotalAmt061994
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IRS990/InventoriesForSaleOrUseGrp/EOYAmt0570682
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE HIGHSCOPE EDUCATIONAL RESEARCH FOUNDATION IS COMMITTED TO THE PRODUCTION AND USE OF KNOWLEDGE ABOUT EDUCTION AND HUMAN DEVELOPMENT THAT WILL INCREASE THE LIFE CHANCES OF CHILDREN AND YOUTH THROUGHOUT THE WORLD. TO THAT END, THE FOUNDATION CARRIES OUT (CON'T ON SCH O) RESEARCH,CURRICULUM DEVELOPMENT, TRAINING, AND PUBLISHING RELATED TO THE EDUCATION OF CHILDREN AND YOUTH. THE FOUNDATION STRIVES TO MAKE ITS RESEARCH FINDINGS AND SERVICES USEFUL AND WIDELY ACCESSIBLE, DISSEMINATING THEM THROUGH ITS US AND INTERNATIONAL TRAINING AND PUBLICATION PROGRAMS, THEREBY SERVING ADULTS WHO WORK WITH LEARNERS OF ALL AGES AND THOSE WHO MAKE THEIR WORK POSSIBLE.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt07595240
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IRS990/OtherExpensesGrp/Desc2FULFILLMENT EXPENSE
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IRS990/PoliticalCampaignActyInd00
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IRS990/ProgramServiceRevenueGrp/Desc0TRAINING & CONFERENCES
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IRS990/ProgramServiceRevenueGrp/Desc2PRESCHOOL TUITION
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt124921
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt217650
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02097657
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt124921
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt217650
IRS990/ProgSrvcAccomActy2Grp/Desc0TRAINING - CONDUCT TRAINING IN THE HIGHSCOPE CURRICULUM METHOD TO DISSEMINATE ITS RESEARCH AND FINDINGS RELATED TO TEACHINGS METHODS TO EDUCATORS IN THE UNITED STATES AND ABROAD.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01111816
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01794654
IRS990/ProgSrvcAccomActy3Grp/Desc0ASSESSMENT TOOLS - PROVIDE RESEARCH BASED AND VALIDATED ASSESSMENT TOOLS FOR BOTH THE OVERALL CLASSROOM AND INDIVIDUAL STUDENTS.
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IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0633346
IRS990/ProgSrvcAccomActyOtherGrp/Desc0RESEARCH AND CONFERENCES IN THE FIELD OF EARLY CHILDHOOD EDUCATION.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt02806470
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt019802
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0328286
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IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt019396
IRS990/PYInvestmentIncomeAmt0319825
IRS990/PYOtherExpensesAmt03036594

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.95$1.00$7.95$9.90$8.37$1.53
2023Detailed filing. Detailed filing data is available for this year.$8.98$2.46$6.52$7.65$6.91$0.74
2022Detailed filing. Detailed filing data is available for this year.$6.81$0.94$5.87$7.20$6.61$0.59
2021Detailed filing. Detailed filing data is available for this year.$7.06$1.07$6.00$7.39$6.00$1.40
2020Detailed filing. Detailed filing data is available for this year.$5.60$1.24$4.36$6.28$6.29$0.02
2019Detailed filing. Detailed filing data is available for this year.$6.13$1.92$4.21$7.16$8.22$1.06
2018Detailed filing. Detailed filing data is available for this year.$6.39$1.47$4.92$8.12$8.89$0.77
2017Detailed filing. Detailed filing data is available for this year.$7.88$1.71$6.17$7.66$8.24$0.59
2015Detailed filing. Detailed filing data is available for this year.$8.78$2.22$6.56$6.76$7.25$0.50
2014Detailed filing. Detailed filing data is available for this year.$9.32$1.73$7.60$6.62$6.68$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.81$1.19$7.62$6.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.92$1.60$7.32$5.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.26$1.58$6.68$5.98
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.35$1.45$6.89$5.86