Civic Intelligence

Discoveru

990 • Fiscal year 2023 • EIN 26-2053733

Aug 01, 2022 to Jul 31, 2023 • Filed on Jun 13, 2024

PO Box 4059Houston, TX 77210

(832) 791-3567

Siviq Scores

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

Liabilities / Assets

67th percentile

0.19x

Higher debt load relative to assets than 67% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

51st percentile

0.09x

Higher debt load relative to revenue than 51% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

43rd percentile

1.1%

Higher net margin than 43% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

76th percentile

$122,544

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

65th percentile

11%

Faster asset growth than 65% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

77th percentile

34%

Faster revenue growth than 77% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,472,217

Up $253,223 (+21%) from 2021

Net Assets

Up

$1,185,366

Up $453,816 (+62%) from 2021

Liabilities

Down

$286,851

Down $200,593 (-41%) from 2021

Revenue

Up

$3,236,901

Up $1,417,524 (+78%) from 2021

Expenses

Up

$3,201,146

Up $1,982,246 (+163%) from 2021

Net Income

Down

$35,755

Down $564,722 (-94%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $134,860Liabilities 2013: $4,772Net Assets 2013: $130,0882013Assets 2019: $380,952Liabilities 2019: $0Net Assets 2019: $380,9522019Assets 2020: $333,458Liabilities 2020: $129,467Net Assets 2020: $203,9912020Assets 2021: $1,218,994Liabilities 2021: $487,444Net Assets 2021: $731,5502021Assets 2023: $1,472,217Liabilities 2023: $286,851Net Assets 2023: $1,185,3662023Assets 2025: $1,070,906Liabilities 2025: $78,856Net Assets 2025: $992,0502025

Highlighted filing

2023

Assets$1,472,217
Liabilities$286,851
Net Assets$1,185,366

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2013: $193,0742013Revenue 2019: $983,788Expenses 2019: $1,022,826Net Income 2019: -$39,0382019Revenue 2020: $1,170,605Expenses 2020: $1,037,567Net Income 2020: $133,0382020Revenue 2021: $1,819,377Expenses 2021: $1,218,900Net Income 2021: $600,4772021Revenue 2023: $3,236,901Expenses 2023: $3,201,146Net Income 2023: $35,7552023Revenue 2025: $1,895,558Expenses 2025: $1,420,587Net Income 2025: $474,9712025

Highlighted filing

2023

Revenue$3,236,901
Expenses$3,201,146
Net Income$35,755
Jump To
Filing Snapshot
Filing Period
Aug 1, 2022 to Jul 31, 2023
Signed
Jun 13, 2024
Return Version
2022v5.0
Gross Receipts
$3,236,901
Mission and Program Overview

Mission

We envision the day when every young person has access to high-quality, out-of-school learning experiences that give them the skills, confidence, and midset to advocate for their own success. To achieve its vision, discoveru helps youth successfully apply and gain admission to and complete high-quality, out-of-school learning experiences and advocates for the inclusion of experiential learning in the policies and practices of educational systems.

We envision the day when all young people demonstrate the ability to translate their personal vision into reality. To realize this vision, we focus our efforts on one mission; to provide resources and learning experiences that broaden the worldview of economically disadvantaged

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,312,840$1,191,530▼ $121,310
Accounts Receivable-$233,230-
Land, Buildings, and Equipment, Net$10,601$7,769▼ $2,832
Prepaid Expenses and Deferred Charges$3,222$3,668▲ $446
Total Assets$1,327,728$1,472,217▲ $144,489
Other Assets Total$1,065$36,020▲ $34,955
Liabilities
Deferred Revenue$75,000$220,000▲ $145,000
Other Liabilities$0$35,273▲ $35,273
Accounts Payable and Accrued Expenses$103,117$31,578▼ $71,539
Total Liabilities$178,117$286,851▲ $108,734
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,149,611$1,185,366▲ $35,755
Total Net Assets Fund Balance$1,149,611$1,185,366▲ $35,755
Total Liabilities and Net Assets / Fund Balance$1,327,728$1,472,217▲ $144,489

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,769$6,390$14,159
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
George VanderveerExecutive DirectorFT$122,544$122,544

Board Members and Trustees

NameTitle
Charles Munsell IvChair
Karly BuchananVice Chair
Andrew KapralDirector
Francis LimDirector
Holly PriceDirector
Megan GallDirector
Mudit KapurDirector
Sineria OrdonezDirector
Victoria AndrewsDirector
Ly GreenwoodSecretary
Jamie BaileyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$483,640
Program Service Revenue
$2,753,261
Investment Income
$0
Other Revenue
$0
All Other Contributions
$483,640
Change in Net Assets
$35,755
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,093,160
Salaries, Compensation, and Employee Benefits$1,107,986
Total Fundraising Expense$186,367
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$671,893-$93,700$765,593
Other Employee Benefits$112,131$8,122$23,193$143,446
Current Officers, Directors, Trustees, and Key Employees$25,250$50,500$50,500$126,250
Information Technology$84,492$4,447-$88,939
Payroll Taxes$56,827$4,116$11,754$72,697
Advertising-$53,473-$53,473
Occupancy-$37,533-$37,533
Fees for Services Accounting-$14,484-$14,484
Insurance-$12,954-$12,954
Depreciation Depletion-$10,776-$10,776
Conferences and Meetings-$7,605-$7,605
Office Expenses-$6,701-$6,701
Other Expenses$332,443$4,139$7,220$4,139
All Other Expenses-$2,980-$2,980
Interest-$1,165-$1,165
Travel-$146-$146
Total Functional Expenses$2,795,638$219,141$186,367$3,201,146
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
Capital Operating Lease Obligation$35,273
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 B, Line 11B

The form 990 is reviewed by the executive director and is made available to all governing directors for review prior to its filing with the irs.

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

All conflict of interest policies are listed in the organizational bylaws

Form 990, Part VI, Section B, Line 15

Discoveru's governing body must approve the compensation package for the executive director and approve the overall staff budget annually. The board compares organization salaries to industry standards for similar organizations to determine all staff salary amounts.

Form 990, Part VI, Section C, Line 19

Discoveru provides financial statements to be added to the agenda and minutes for bi-monthly board meetings. All policies are included in the organizational bylaws. The minutes and bylaws are furnished upon request.

Filing and Contact Details

Filer

Filer Name
Discoveru
EIN
26-2053733
Phone
8327913567
Address
PO BOX 4059, HOUSTON, TX 77210

Signing Officer

Name
George Vanderveer
Title
Executive Director
Phone
8327913567
Signed
2024-06-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Vanderveer
Formed
2008
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
22
Volunteers
20

Preparer

Firm
Pittsford Samuels Pllc
Address
1776 YORKTOWN SUITE 530, HOUSTON, TX 77056
Preparer
Nancy a Mack
Phone
7139776888
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IRS990/Desc0DISCOVERU FANTASTIC LEARNING OPPORTUNITIES (FLO) PROGRAM CONSISTS OF COLLEGE AND CAREER PREPARATORY PROGRAMS THAT ARE INTENSIVE (FLO) AND EXPLORATORY (PREFLO). FUNDED, PLANNED, AND EXECUTED BY A WIDE RANGE OF COMMUNITY CONSTITUENTS, FLO'S ARE OFTEN UNTAPPED BY LOW-INCOME COMMUNITIES DUE TO A LACK OF AWARENESS, SKILL, AND FINANCIAL RESOURCES. OUR PROGRAM SERVICES, DETAILED BELOW, RESPOND TO THESE OBSTACLES: 1. ACCESS TO INFORMATION 2. FINANCIAL SERVICES AND SUPPORT 3. CAPACITY BUILDING FOR SCHOOLS AND DISTRICTS 4. LEADERSHIP SKILLS DEVELOPMENT
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IRS990/ProgramServiceRevenueGrp/Desc0SERVICE/FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT FAMILY PAYMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02740230
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt113031
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02740230
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt113031
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FELLOWSHIP INITIATIVE (TFI) PROGRAM IS A COHORT-BASED MENTORSHIP PROGRAM THAT SEEKS TO CONNECT YOUNG MEN OF COLOR TO POSTSECONDARY EDUCATION. TFI FELLOWS MEET WEEKLY DURING THE SCHOOL YEAR WITH DISCOVERU STAFF TO RECEIVE TUTORING, TEST PREP, AND COLLEGE ACCESS SERVICES. DURING THE SUMMER TFI FELLOWS PARTICIPATE IN COLLEGE AND CAREER PREPARATORY PROGRAMS WE CALL FLOS. THE GOALS OF THE PROGRAM ARE FOR THE COHORT TO ACHIEVE 100% HIGH SCHOOL GRADUATION AND 100% ACCEPTANCE INTO A POST-SECONDARY EDUCATION PROGRAM
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0408956
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01074116
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0925633
IRS990/PYOtherRevenueAmt010480
IRS990/PYProgramServiceRevenueAmt01335190
IRS990/PYRevenuesLessExpensesAmt0418061
IRS990/PYSalariesCompEmpBnftPaidAmt01076092
IRS990/PYTotalExpensesAmt02001725
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02419786
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt035755
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02753261
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0483640
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01074116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01057570
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0610804
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0277830
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03503960
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05367111
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.49550
IRS990ScheduleA/PublicSupportPY170Pct00.52200
IRS990ScheduleA/PublicSupportTotal170Amt01736387
IRS990ScheduleA/SubstantialContributorsTotAmt01767573
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0483640
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01074116
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01057570
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0610804
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0277830
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03503960
IRS990ScheduleA/TotalSupportAmt03503960
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/EquipmentGrp/BookValueAmt07769
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06390
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014159
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt035273
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL OPERATING LEASE OBLIGATION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07769
IRS990ScheduleD/TotalLiabilityAmt035273
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND IS MADE AVAILABLE TO ALL GOVERNING DIRECTORS FOR REVIEW PRIOR TO ITS FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL CONFLICT OF INTEREST POLICIES ARE LISTED IN THE ORGANIZATIONAL BYLAWS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCOVERU'S GOVERNING BODY MUST APPROVE THE COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR AND APPROVE THE OVERALL STAFF BUDGET ANNUALLY. THE BOARD COMPARES ORGANIZATION SALARIES TO INDUSTRY STANDARDS FOR SIMILAR ORGANIZATIONS TO DETERMINE ALL STAFF SALARY AMOUNTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DISCOVERU PROVIDES FINANCIAL STATEMENTS TO BE ADDED TO THE AGENDA AND MINUTES FOR BI-MONTHLY BOARD MEETINGS. ALL POLICIES ARE INCLUDED IN THE ORGANIZATIONAL BYLAWS. THE MINUTES AND BYLAWS ARE FURNISHED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01327728
IRS990/TotalAssetsEOYAmt01472217
IRS990/TotalAssetsGrp/BOYAmt01327728
IRS990/TotalAssetsGrp/EOYAmt01472217
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0483640
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0186367
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0219141
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02795638
IRS990/TotalFunctionalExpensesGrp/TotalAmt03201146
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0178117
IRS990/TotalLiabilitiesEOYAmt0286851
IRS990/TotalLiabilitiesGrp/BOYAmt0178117
IRS990/TotalLiabilitiesGrp/EOYAmt0286851
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01149611
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01185366
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02795638
IRS990/TotalProgramServiceRevenueAmt02753261
IRS990/TotalReportableCompFromOrgAmt0122544
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02753261
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03236901
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01327728
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01472217
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0146
IRS990/TravelGrp/TotalAmt0146
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 4059
IRS990/USAddress/CityNm0HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077210
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.DISCOVERUS.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

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