Civic Intelligence

Learning Stewards Inc

990EZ • Fiscal year 2016 • EIN 26-3245117

Sep 01, 2015 to Aug 31, 2016 • Filed on Jan 25, 2017

PO Box 23536Anchorage, KY 40223

(502) 425-7820

Siviq Scores

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

Liabilities / Assets

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

56th percentile

0.00x

Higher debt load relative to revenue than 56% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

19th percentile

-15%

Higher net margin than 19% of similar nonprofits.

2016 filings • 501(c)3 • <$500k 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

6th percentile

-60%

Faster asset growth than 6% of similar nonprofits.

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

Revenue Growth

48th percentile

-0.4%

Faster revenue growth than 48% of similar nonprofits.

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

Assets

Down

$21,682

Down $33,084 (-60%) from 2015

Net Assets

Down

$21,243

Down $28,771 (-58%) from 2015

Liabilities

Down

$439

Down $4,313 (-91%) from 2015

Revenue

Down

$188,790

Down $707 (-0.4%) from 2015

Expenses

Up

$217,561

Up $103,478 (+91%) from 2015

Net Income

Down

-$28,771

Down $104,185 (-138%) from 2015

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50K-$100KAssets 2011: $11,964Liabilities 2011: $70,110Net Assets 2011: -$58,1462011Assets 2012: $7,885Liabilities 2012: $60,882Net Assets 2012: -$52,9972012Assets 2013: $5,235Liabilities 2013: $49,007Net Assets 2013: -$43,7722013Assets 2015: $54,766Liabilities 2015: $4,752Net Assets 2015: $50,0142015Assets 2016: $21,682Liabilities 2016: $439Net Assets 2016: $21,2432016Assets 2017: $24,100Liabilities 2017: $20,439Net Assets 2017: $3,6612017Assets 2018: $2,194Liabilities 2018: $25,348Net Assets 2018: -$23,1542018

Highlighted filing

2016

Assets$21,682
Liabilities$439
Net Assets$21,243

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $38,371Expenses 2011: $39,393Net Income 2011: -$1,0222011Revenue 2012: $38,625Expenses 2012: $33,476Net Income 2012: $5,1492012Revenue 2013: $39,893Expenses 2013: $30,668Net Income 2013: $9,2252013Revenue 2015: $189,497Expenses 2015: $114,083Net Income 2015: $75,4142015Revenue 2016: $188,790Expenses 2016: $217,561Net Income 2016: -$28,7712016Revenue 2017: $195,756Expenses 2017: $213,339Net Income 2017: -$17,5832017Revenue 2018: $90,044Expenses 2018: $116,859Net Income 2018: -$26,8152018

Highlighted filing

2016

Revenue$188,790
Expenses$217,561
Net Income-$28,771
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Jan 25, 2017
Return Version
2015v3.0
Gross Receipts
$188,790
Mission and Program Overview

Mission

To support and conduct non-partisan research, value-case formulations, education, and information activities that increase public awareness and advance public understanding of the importance of stewarding the health of our children's learning.

Program Services

DescriptionGrantsExpenses
THE MAGIC LADDER (ML) IS A FUNDAMENTALLY NEW TECHNOLOGY-BASED PEDAGOGY AND CURRICULUM FOR FACILITATING THE PROCESS OF LEARNING TO READ. DIFFERING FROM ALL PREVIOUS SYSTEMS OF READING INSTRUCTION, THE MAGIC LADDER ELIMINATES THE "VOCABULARY GAP" BY USING EACH STUDENT'S EXISTING SIGHT AND ORAL VOCABULARIES, AS WELL AS THEIR PERSONAL INTERESTS, TO CREATE 100% STUDENT- UNIQUE LEARNING TO READ EXERCISES AND READING MATERIALS. THE SYSTEM DRAMATICALLY REDUCES "CODE CONFUSION" THROUGH THE USE OF PCUES, AN INTELLIGENT, 'VISUAL PHONICS', FONT SYSTEM THAT SIMPLY AND SYSTEMATICALLY VARIES THE APPEARANCE OF LETTERS SO THAT THEY 'CUE' THE READER TO WHICH OF A LETTER'S POSSIBLE SOUNDS IT IS ACTUALLY MAKING IN THE WORD BEING READ. THE SYSTEM REDUCES "MIND-SHAME" BY REFRAMING STUDENTS' EMOTIONAL EXPERIENCES OF READING (TO REDUCE SELF-BLAME) AND BY ORCHESTRATING INCREMENTAL SUCCESSES THAT PROVIDE STUDENTS WITH EVIDENCE OF AND PRIDE IN THEIR IMPROVEMENT. THE MAGIC LADDER SOFTWARE IS WEB APPLICATION AND BACKGROUND DATABASE THAT IS USED TO COLLECT STUDENT VOCABULARY AND INTERESTS AND TO PROCESS SUCH STUDENT DATA INTO A STUDENT-UNIQUE LEARNING TO READ STAIRWAY. THE MAGIC LADDER ALSO INCLUDES PCUES AND UNIQUE COMPUTATIONAL LINGUISTICS PROGRAM THAT CAN BE USED TO VARY THE APPEARANCE OF LETTERS IN SYSTEMATIC WAYS THAT 'CUE' READERS TO WHICH OF A LETTER'S POSSIBLE SOUNDS IT IS MAKING IN ANY ACTUAL WORD IN WHICH IT IS APPEARING. THE SOFTWARE WE ARE DEVELOPING WILL BE FREELY PROVIDED TO SCHOOLS SYSTEMS AROUND THE U.S.-$149,300
TO PROMOTE PUBLIC AWARENESS AND UNDERSTANDING OF THE IMPORTANCE OF "STEWARDING THE HEALTH OF CHILDREN'S LEARNING."-$61,434
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID BOULTONExecutive DiFT$10,875-$10,875
PAMELA KVASICTreasurerPT$0--
KIRK VANDEBERGHEChairman-$0--
GARY DAVIDSecretary-$0--
DEANNA KAPARODirector-$0--
Filing and Contact Details

Filer

Filer Name
Learning Stewards Inc
EIN
26-3245117
Phone
5024257820
Address
PO BOX 23536, ANCHORAGE, KY 40223

Signing Officer

Name
Pamela Kvasic
Title
Treasurer
Phone
5024257820
Signed
2017-01-25
Discuss with paid preparer
Yes

Preparer

Firm
Baldwin Cpas Pllc
Address
943 S 1ST STREET, LOUISVILLE, KY 40203
Preparer
Barbara Lasky
Phone
5025849793
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Other revenue 4,990 total 4,990

Form 990-ez, Part I, Line 16

Expenses office 453 information technology 3,972 travel 405 conferences/meetings 1,380 equipment rental 7,449 moving 400 license and fees 15 software development 149,300 volunteer expenses 2,396 total 165,770

Form 990-ez, Part II, Line 24

22,488 22,488 less accumulated depreciation 22,488 22,488 total 0 0

Form 990-ez, Part II, Line 26

Loan-david boulton 2,952 0 loan-leslie gallison 1,800 439

Form 990-ez, Part III

To support and conduct non-partisan research, value-case formulations, education, and information activities that increase public awareness and advance public understanding of the importance of stewarding the health of our children's learning.

Form 990-ez, Part III, Line 29

The magic ladder (ml) is a fundamentally new technology-based pedagogy and curriculum for facilitating the process of learning to read. Differing from all previous systems of reading instruction, the magic ladder eliminates the "vocabulary gap" by using each student's existing sight and oral vocabularies, as well as their personal interests, to create 100% student- unique learning to read exercises and reading materials. The system dramatically reduces "code confusion" through the use of pcues, an intelligent, 'visual phonics', font system that simply and systematically varies the appearance of letters so that they 'cue' the reader to which of a letter's possible sounds it is actually making in the word being read. The system reduces "mind-shame" by reframing students' emotional experiences of reading (to reduce self-blame) and by orchestrating incremental successes that provide students with evidence of and pride in their improvement. The magic ladder software is web application and background database that is used to collect student vocabulary and interests and to process such student data into a student-unique learning to read stairway. The magic ladder also includes pcues and unique computational linguistics program that can be used to vary the appearance of letters in systematic ways that 'cue' readers to which of a letter's possible sounds it is making in any actual word in which it is appearing. The software we are developing will be freely provided to schools systems around the u.s.

Raw XML Appendix164 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER REVENUE 4,990 TOTAL 4,990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 453 INFORMATION TECHNOLOGY 3,972 TRAVEL 405 CONFERENCES/MEETINGS 1,380 EQUIPMENT RENTAL 7,449 MOVING 400 LICENSE AND FEES 15 SOFTWARE DEVELOPMENT 149,300 VOLUNTEER EXPENSES 2,396 TOTAL 165,770
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt222,488 22,488 LESS ACCUMULATED DEPRECIATION 22,488 22,488 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOAN-DAVID BOULTON 2,952 0 LOAN-LESLIE GALLISON 1,800 439
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO SUPPORT AND CONDUCT NON-PARTISAN RESEARCH, VALUE-CASE FORMULATIONS, EDUCATION, AND INFORMATION ACTIVITIES THAT INCREASE PUBLIC AWARENESS AND ADVANCE PUBLIC UNDERSTANDING OF THE IMPORTANCE OF STEWARDING THE HEALTH OF OUR CHILDREN'S LEARNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MAGIC LADDER (ML) IS A FUNDAMENTALLY NEW TECHNOLOGY-BASED PEDAGOGY AND CURRICULUM FOR FACILITATING THE PROCESS OF LEARNING TO READ. DIFFERING FROM ALL PREVIOUS SYSTEMS OF READING INSTRUCTION, THE MAGIC LADDER ELIMINATES THE "VOCABULARY GAP" BY USING EACH STUDENT'S EXISTING SIGHT AND ORAL VOCABULARIES, AS WELL AS THEIR PERSONAL INTERESTS, TO CREATE 100% STUDENT- UNIQUE LEARNING TO READ EXERCISES AND READING MATERIALS. THE SYSTEM DRAMATICALLY REDUCES "CODE CONFUSION" THROUGH THE USE OF PCUES, AN INTELLIGENT, 'VISUAL PHONICS', FONT SYSTEM THAT SIMPLY AND SYSTEMATICALLY VARIES THE APPEARANCE OF LETTERS SO THAT THEY 'CUE' THE READER TO WHICH OF A LETTER'S POSSIBLE SOUNDS IT IS ACTUALLY MAKING IN THE WORD BEING READ. THE SYSTEM REDUCES "MIND-SHAME" BY REFRAMING STUDENTS' EMOTIONAL EXPERIENCES OF READING (TO REDUCE SELF-BLAME) AND BY ORCHESTRATING INCREMENTAL SUCCESSES THAT PROVIDE STUDENTS WITH EVIDENCE OF AND PRIDE IN THEIR IMPROVEMENT. THE MAGIC LADDER SOFTWARE IS WEB APPLICATION AND BACKGROUND DATABASE THAT IS USED TO COLLECT STUDENT VOCABULARY AND INTERESTS AND TO PROCESS SUCH STUDENT DATA INTO A STUDENT-UNIQUE LEARNING TO READ STAIRWAY. THE MAGIC LADDER ALSO INCLUDES PCUES AND UNIQUE COMPUTATIONAL LINGUISTICS PROGRAM THAT CAN BE USED TO VARY THE APPEARANCE OF LETTERS IN SYSTEMATIC WAYS THAT 'CUE' READERS TO WHICH OF A LETTER'S POSSIBLE SOUNDS IT IS MAKING IN ANY ACTUAL WORD IN WHICH IT IS APPEARING. THE SOFTWARE WE ARE DEVELOPING WILL BE FREELY PROVIDED TO SCHOOLS SYSTEMS AROUND THE U.S.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
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