Civic Intelligence

Asset Inc.

990 • Fiscal year 2022 • EIN 25-1742923

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 17, 2023

Organization ProfileWWW.ASSETINC.ORG

View Organization Page

2403 Sidney Street 221Pittsburgh, PA 15203

(412) 481-7320

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.01x

Higher debt load relative to assets than 42% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

36th percentile

0.00x

Higher debt load relative to revenue than 36% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

82nd percentile

35%

Higher net margin than 82% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

81st percentile

$79,190

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

92nd percentile

90%

Faster asset growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

93rd percentile

179%

Faster revenue growth than 93% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Up

$417,665

Up $197,573 (+90%) from 2021

Net Assets

Up

$415,052

Up $283,166 (+215%) from 2021

Liabilities

Down

$2,613

Down $85,593 (-97%) from 2021

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin82nd percentile

Revenue

Up

$813,540

Up $521,910 (+179%) from 2021

Expenses

Down

$530,374

Down $22,169 (-4.0%) from 2021

Net Income

Up

$283,166

Up $544,079 (+209%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $6,724,307Liabilities 2011: $1,409,788Net Assets 2011: $5,314,5192011Assets 2012: $4,984,327Liabilities 2012: $447,610Net Assets 2012: $4,536,7172012Assets 2013: $4,852,158Liabilities 2013: $386,832Net Assets 2013: $4,465,3262013Assets 2015: $4,589,702Liabilities 2015: $242,046Net Assets 2015: $4,347,6562015Assets 2016: $3,448,884Liabilities 2016: $135,054Net Assets 2016: $3,313,8302016Assets 2017: $2,322,272Liabilities 2017: $223,391Net Assets 2017: $2,098,8812017Assets 2018: $1,931,913Liabilities 2018: $230,233Net Assets 2018: $1,701,6802018Assets 2019: $1,223,034Liabilities 2019: $178,918Net Assets 2019: $1,044,1162019Assets 2020: $491,804Liabilities 2020: $227,017Net Assets 2020: $264,7872020Assets 2021: $220,092Liabilities 2021: $88,206Net Assets 2021: $131,8862021Assets 2022: $417,665Liabilities 2022: $2,613Net Assets 2022: $415,0522022Assets 2025: $241,914Liabilities 2025: $21,975Net Assets 2025: $219,9392025

Highlighted filing

2022

Assets$417,665
Liabilities$2,613
Net Assets$415,052
Open 2022 Filing

Operations Trend

Revenue Growth93rd percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $12,347,0482011Expenses 2012: $9,420,4152012Expenses 2013: $7,848,0022013Revenue 2015: $6,525,744Expenses 2015: $6,639,157Net Income 2015: -$113,4132015Revenue 2016: $3,285,174Expenses 2016: $4,319,000Net Income 2016: -$1,033,8262016Revenue 2017: $2,353,005Expenses 2017: $3,567,954Net Income 2017: -$1,214,9492017Revenue 2018: $2,196,218Expenses 2018: $2,593,419Net Income 2018: -$397,2012018Revenue 2019: $2,077,510Expenses 2019: $2,490,971Net Income 2019: -$413,4612019Revenue 2020: $602,222Expenses 2020: $1,182,858Net Income 2020: -$580,6362020Revenue 2021: $291,630Expenses 2021: $552,543Net Income 2021: -$260,9132021Revenue 2022: $813,540Expenses 2022: $530,374Net Income 2022: $283,1662022Revenue 2025: $608,819Expenses 2025: $808,662Net Income 2025: -$199,8432025

Highlighted filing

2022

Revenue$813,540
Expenses$530,374
Net Income$283,166
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 17, 2023
Return Version
2021v4.2
Gross Receipts
$813,540
Mission and Program Overview

Mission

Asset inc, an acronym for achieving student success through excellence in teaching, was founded by industry leaders and community partners in 1994 to improve teaching and learning across science, technology, engineering, and math (stem).the organization provides educators with rigorous professional learning and coaching to increase student achievement and workforce readiness across the nation.

Asset's mission is to advance teaching and learning to engage, inspire, and empower all learners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$196,088$405,749▲ $209,661
Pledges and Grants Receivable$20,000--
Prepaid Expenses and Deferred Charges$1,554$6,966▲ $5,412
Accounts Receivable-$2,500-
Total Assets$220,092$417,665▲ $197,573
Other Assets Total$2,450$2,450→ $0
Liabilities
Unsecured Notes Loans Payable$75,800--
Accounts Payable and Accrued Expenses$12,406$2,613▼ $9,793
Total Liabilities$88,206$2,613▼ $85,593
Net Assets / Fund Balance
Net Assets With Donor Restrictions$87,571$304,618▲ $217,047
Net Assets Without Donor Restrictions$44,315$110,434▲ $66,119
Total Net Assets Fund Balance$131,886$415,052▲ $283,166
Total Liabilities and Net Assets / Fund Balance$220,092$417,665▲ $197,573
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Sarah ToulouseExecutive DirectorPT$79,190$79,190

Board Members and Trustees

NameTitle
Dr Ted FrickPresident
Roberta RyanVice President
Dr Jack BurgmanDirector
Jackie ZyraDirector
Leigh PogueDirector
Thomas FaberDirector
Jason MaxwellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$790,002
Program Service Revenue
$21,000
Investment Income
$2,538
Other Revenue
$0
All Other Contributions
$610,742
Change in Net Assets
$283,166

Audited Revenue Reconciliation

Revenue per Audited Statements
$813,540
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$813,540
Total Revenue per Form 990
$813,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$349,180
Other Expenses$181,194
Total Fundraising Expense$57,780
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$180,678$21,235$10,650$212,563
Current Officers, Directors, Trustees, and Key Employees$67,312$7,919$3,959$79,190
Fees for Services Other$32,588$5,611$40,300$78,499
Fees for Services Accounting-$43,850-$43,850
Other Employee Benefits$26,563$3,125$1,562$31,250
Payroll Taxes$22,250$2,618$1,309$26,177
Other Expenses$11,183--$11,183
Insurance-$10,910-$10,910
Occupancy-$6,600-$6,600
Office Expenses$3,233$3,003-$6,236
Information Technology-$3,168-$3,168
Fees for Services Legal-$1,085-$1,085
All Other Expenses-$875-$875
Total Functional Expenses$362,595$109,999$57,780$530,374

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$530,374
Total Expenses per Audited Statements$530,374
Total Expenses per Form 990$530,374
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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 A, Line 2

“Thomas faber and jackie zyra are father and daughter, respectively.”

Form 990, Part VI, Section B, Line 11B

“A draft form 990 is distributed to the board to review prior to filing. The board contacts the executive director with any questions. Once all questions are addressed the form 990 is filed.”

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

“The conflict of interest policy is reviewed on an annual basis by the human resources department. Every board member and key employee is required to read and sign the policy on an annual basis as well.”

Form 990, Part VI, Section B, Line 15

“Asset uses consultants to comparable salary ranges for each position using broad band compensation on the department of labor website as well as comparable local salaries provided by the bayer non-profit leadership. She then makes salary recommendations to the executive director. The board of directors approves the salary of the executive director.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, policies, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Asset Inc
EIN
25-1742923
Phone
4124817320
Address
2403 SIDNEY STREET 221, PITTSBURGH, PA 15203

Signing Officer

Name
Sarah Toulouse
Title
Executive Director
Phone
4124817320
Signed
2023-03-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Toulouse
Formed
1994
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
0

Preparer

Firm
Kenneth M Wasserman CPA & Company Pc
Address
3616 LIBERTY AVENUE, PITTSBURGH, PA 15201-1326
Preparer
Kenneth M Wasserman CPA
Phone
4126217737
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting: program service expenses 32,588. Management and general expenses 0. Fundraising expenses 40,300. Total expenses 72,888. Payroll processing: program service expenses 0. Management and general expenses 5,611. Fundraising expenses 0. Total expenses 5,611.”

Raw XML AppendixShowing 400 of 431 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt012406
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02613
IRS990/AccountsReceivableGrp/EOYAmt02500
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ASSET'S MISSION IS TO ADVANCE TEACHING AND LEARNING TO ENGAGE, INSPIRE, AND EMPOWER ALL LEARNERS.
IRS990/AllOtherContributionsAmt0610742
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0875
IRS990/AllOtherExpensesGrp/TotalAmt0875
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0SARAH TOULOUSE
IRS990/BooksInCareOfDetail/PhoneNum04124817320
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02403 SIDNEY STREET 221
IRS990/BooksInCareOfDetail/USAddress/CityNm0PITTSBURGH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd015203
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0196088
IRS990/CashNonInterestBearingGrp/EOYAmt0405749
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt03959
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt07919
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt067312
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt079190
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0790002
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02538
IRS990/CYOtherExpensesAmt0181194
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt021000
IRS990/CYRevenuesLessExpensesAmt0283166
IRS990/CYSalariesCompEmpBnftPaidAmt0349180
IRS990/CYTotalExpensesAmt0530374
IRS990/CYTotalFundraisingExpenseAmt057780
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0813540
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0ASSET (ACHIEVING STUDENT SUCCESS THROUGH EXCELLENCE IN TEACHING) IS A NATIONAL EDUCATION IMPROVEMENT NONPROFIT WITH THE MISSION TO ADVANCE TEACHING AND LEARNING TO ENGAGE, INSPIRE, AND EMPOWER ALL LEARNERS. ASSET EDUCATORS WITH EFFECTIVE TOOLS AND STRATEGIES TO CREATE INNOVATIVE AND RELEVANT LEARNING ENVIRONMENTS SO ALL STUDENTS ACQUIRE THE KNOWLEDGE AND SKILLS NEEDED TO WORK, LIVE, CONTRIBUTE, AND LEAD IN A GLOBAL COMMUNITY. THE ORGANIZATION PROVIDES HIGHLY-EFFECTIVE PROFESSIONAL DEVELOPMENT TO EDUCATORS; HANDS-ON LEARNING EXPERIENCES FOR ALL STUDENTS - PRE-K THROUGH CAREER, IN AND OUT-OF-SCHOOL.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt087571
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0304618
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0362595
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt043850
IRS990/FeesForServicesAccountingGrp/TotalAmt043850
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01085
IRS990/FeesForServicesLegalGrp/TotalAmt01085
IRS990/FeesForServicesOtherGrp/FundraisingAmt040300
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05611
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt032588
IRS990/FeesForServicesOtherGrp/TotalAmt078499
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt720.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0DR TED FRICK
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERTA RYAN
IRS990/Form990PartVIISectionAGrp/PersonNm2JASON MAXWELL
IRS990/Form990PartVIISectionAGrp/PersonNm3DR JACK BURGMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4THOMAS FABER
IRS990/Form990PartVIISectionAGrp/PersonNm5LEIGH POGUE
IRS990/Form990PartVIISectionAGrp/PersonNm6JACKIE ZYRA
IRS990/Form990PartVIISectionAGrp/PersonNm7SARAH TOULOUSE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt779190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0179260
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0813540
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03168
IRS990/InformationTechnologyGrp/TotalAmt03168
IRS990/InsuranceGrp/ManagementAndGeneralAmt010910
IRS990/InsuranceGrp/TotalAmt010910
IRS990/InvestmentIncomeGrp/ExclusionAmt02538
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02538
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ASSET'S MISSION IS TO ADVANCE TEACHING AND LEARNING TO ENGAGE, INSPIRE, AND EMPOWER ALL LEARNERS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0131886
IRS990/NetAssetsOrFundBalancesEOYAmt0415052
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt044315
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0110434
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06600
IRS990/OccupancyGrp/TotalAmt06600
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03003
IRS990/OfficeExpensesGrp/ProgramServicesAmt03233
IRS990/OfficeExpensesGrp/TotalAmt06236
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02450
IRS990/OtherAssetsTotalGrp/EOYAmt02450
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01562
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03125
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt026563
IRS990/OtherEmployeeBenefitsGrp/TotalAmt031250
IRS990/OtherExpensesGrp/Desc0TEACHER INCENTIVES
IRS990/OtherExpensesGrp/Desc1EQUIPMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt018788
IRS990/OtherExpensesGrp/ProgramServicesAmt111183
IRS990/OtherExpensesGrp/TotalAmt018788
IRS990/OtherExpensesGrp/TotalAmt111183
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010650
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021235
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0180678
IRS990/OtherSalariesAndWagesGrp/TotalAmt0212563
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01309
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02618
IRS990/PayrollTaxesGrp/ProgramServicesAmt022250
IRS990/PayrollTaxesGrp/TotalAmt026177
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt020000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01554
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06966
IRS990/PrincipalOfficerNm0SARAH TOULOUSE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0CLASSROOM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt021000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt021000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0264227
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06628
IRS990/PYOtherExpensesAmt0224679
IRS990/PYOtherRevenueAmt01789
IRS990/PYProgramServiceRevenueAmt018986
IRS990/PYRevenuesLessExpensesAmt0-260913
IRS990/PYSalariesCompEmpBnftPaidAmt0327864
IRS990/PYTotalExpensesAmt0552543
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0291630
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0283166
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt021000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS - 2017 AMOUNT: $ 23,079. 2018 AMOUNT: $ 7,165. 2019 AMOUNT: $ 17,320. 2020 AMOUNT: $ 1,789. 2021 AMOUNT: $ 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0610742
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0250227
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0311644
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0440354
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0524972
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02137939
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02538
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0232
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02599
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt09054
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt013739
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt028162
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt021000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt018986
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0258926
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01620937
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01634428
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03554277
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02538
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0232
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02599
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09054
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt013739
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt028162
IRS990ScheduleA/InvestmentIncomeCYPct00.00490
IRS990ScheduleA/InvestmentIncomePYPct00.00460
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01789
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt017320
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt07165
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt023079
IRS990ScheduleA/OtherIncome509Grp/TotalAmt049353
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.74690
IRS990ScheduleA/PublicSupportPY509Pct00.73020
IRS990ScheduleA/PublicSupportTotal509Amt04309505
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt069469
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0741309
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0571933
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01382711
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt069469
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0741309
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0571933
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt01382711
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0631742
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0269213
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0570570
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02061291
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02159400
IRS990ScheduleA/Total509Grp/TotalAmt05692216
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0634280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0271234
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0590489
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02077510
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02196218
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05769731
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0530374
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0813540
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0530374
IRS990ScheduleD/TotalRevenuePerForm990Amt0813540
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0813540
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0530374
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THOMAS FABER AND JACKIE ZYRA ARE FATHER AND DAUGHTER, RESPECTIVELY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT FORM 990 IS DISTRIBUTED TO THE BOARD TO REVIEW PRIOR TO FILING. THE BOARD CONTACTS THE EXECUTIVE DIRECTOR WITH ANY QUESTIONS. ONCE ALL QUESTIONS ARE ADDRESSED THE FORM 990 IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS REVIEWED ON AN ANNUAL BASIS BY THE HUMAN RESOURCES DEPARTMENT. EVERY BOARD MEMBER AND KEY EMPLOYEE IS REQUIRED TO READ AND SIGN THE POLICY ON AN ANNUAL BASIS AS WELL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ASSET USES CONSULTANTS TO COMPARABLE SALARY RANGES FOR EACH POSITION USING BROAD BAND COMPENSATION ON THE DEPARTMENT OF LABOR WEBSITE AS WELL AS COMPARABLE LOCAL SALARIES PROVIDED BY THE BAYER NON-PROFIT LEADERSHIP. SHE THEN MAKES SALARY RECOMMENDATIONS TO THE EXECUTIVE DIRECTOR. THE BOARD OF DIRECTORS APPROVES THE SALARY OF THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONSULTING: PROGRAM SERVICE EXPENSES 32,588. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 40,300. TOTAL EXPENSES 72,888. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,611. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,611.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0220092
IRS990/TotalAssetsEOYAmt0417665
IRS990/TotalAssetsGrp/BOYAmt0220092
IRS990/TotalAssetsGrp/EOYAmt0417665
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0790002
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt057780
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0109999
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0362595
IRS990/TotalFunctionalExpensesGrp/TotalAmt0530374
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt088206
IRS990/TotalLiabilitiesEOYAmt02613
IRS990/TotalLiabilitiesGrp/BOYAmt088206
IRS990/TotalLiabilitiesGrp/EOYAmt02613
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0131886
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0415052
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0362595
IRS990/TotalProgramServiceRevenueAmt021000
IRS990/TotalReportableCompFromOrgAmt079190
IRS990/TotalRevenueGrp/ExclusionAmt02538
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt021000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0813540
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0220092
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0417665
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt075800
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02403 SIDNEY STREET 221
IRS990/USAddress/CityNm0PITTSBURGH
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd015203
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.ASSETINC.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$417,665
Liabilities
$2,613
Net assets
$415,052
Revenue
$813,540
Expenses
$530,374
Net income
$283,166
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.02$0.22$0.61$0.81$0.20
2022Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.81$0.53$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.09$0.13$0.29$0.55$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.23$0.26$0.60$1.18$0.58
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.18$1.04$2.08$2.49$0.41
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.23$1.70$2.20$2.59$0.40
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.32$0.22$2.10$2.35$3.57$1.21
2016Detailed filing. Detailed filing data is available for this year.$3.45$0.14$3.31$3.29$4.32$1.03
2015Detailed filing. Detailed filing data is available for this year.$4.59$0.24$4.35$6.53$6.64$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.85$0.39$4.47$7.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.98$0.45$4.54$9.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.72$1.41$5.31$12.3
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $500k-$1M nonprofits