Civic Intelligence

Mikeroweworks Foundation

990 • Fiscal year 2020 • EIN 26-4324338

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

10960 Wilshire Blvd 5th FloorLos Angeles, CA 90024-3708

(310) 277-4657

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

18th percentile

0.00x

Higher debt load relative to revenue than 18% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

91st percentile

53%

Higher net margin than 91% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

89th percentile

65%

Faster asset growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

106%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$4,354,198

Up $1,720,070 (+65%) from 2019

Net Assets

Up

$4,345,257

Up $1,726,839 (+66%) from 2019

Liabilities

Down

$8,941

Down $6,769 (-43%) from 2019

Revenue

Up

$3,240,613

Up $1,667,350 (+106%) from 2019

Expenses

Up

$1,529,242

Up $389,169 (+34%) from 2019

Net Income

Up

$1,711,371

Up $1,278,181 (+295%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $4,320Liabilities 2010: $0Net Assets 2010: $4,3202010Assets 2011: $699,967Liabilities 2011: $0Net Assets 2011: $699,9672011Assets 2012: $549,789Liabilities 2012: $137,746Net Assets 2012: $412,0432012Assets 2013: $776,293Liabilities 2013: $310Net Assets 2013: $775,9832013Assets 2014: $785,991Liabilities 2014: $1,199Net Assets 2014: $784,7922014Assets 2015: $556,793Liabilities 2015: $10,720Net Assets 2015: $546,0732015Assets 2016: $991,610Liabilities 2016: $528Net Assets 2016: $991,0822016Assets 2017: $1,522,298Liabilities 2017: $486Net Assets 2017: $1,521,8122017Assets 2018: $2,188,403Liabilities 2018: $3,175Net Assets 2018: $2,185,2282018Assets 2019: $2,634,128Liabilities 2019: $15,710Net Assets 2019: $2,618,4182019Assets 2020: $4,354,198Liabilities 2020: $8,941Net Assets 2020: $4,345,2572020Assets 2021: $6,728,645Liabilities 2021: $8,851Net Assets 2021: $6,719,7942021Assets 2022: $8,932,184Liabilities 2022: $92,574Net Assets 2022: $8,839,6102022Assets 2023: $11,019,492Liabilities 2023: $45,936Net Assets 2023: $10,973,5562023Assets 2024: $13,351,375Liabilities 2024: $13,708Net Assets 2024: $13,337,6672024

Highlighted filing

2020

Assets$4,354,198
Liabilities$8,941
Net Assets$4,345,257

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $12,0202010Expenses 2011: $72,0002011Expenses 2012: $513,6282012Revenue 2013: $895,002Expenses 2013: $531,062Net Income 2013: $363,9402013Revenue 2014: $895,225Expenses 2014: $886,416Net Income 2014: $8,8092014Revenue 2015: $663,898Expenses 2015: $902,617Net Income 2015: -$238,7192015Revenue 2016: $1,226,534Expenses 2016: $781,525Net Income 2016: $445,0092016Revenue 2017: $1,785,576Expenses 2017: $1,254,846Net Income 2017: $530,7302017Revenue 2018: $1,640,167Expenses 2018: $976,751Net Income 2018: $663,4162018Revenue 2019: $1,573,263Expenses 2019: $1,140,073Net Income 2019: $433,1902019Revenue 2020: $3,240,613Expenses 2020: $1,529,242Net Income 2020: $1,711,3712020Revenue 2021: $3,751,531Expenses 2021: $1,380,975Net Income 2021: $2,370,5562021Revenue 2022: $4,366,644Expenses 2022: $2,164,878Net Income 2022: $2,201,7662022Revenue 2023: $4,321,357Expenses 2023: $2,200,225Net Income 2023: $2,121,1322023Revenue 2024: $5,860,275Expenses 2024: $3,270,173Net Income 2024: $2,590,1022024

Highlighted filing

2020

Revenue$3,240,613
Expenses$1,529,242
Net Income$1,711,371
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$3,354,045
Mission and Program Overview

Mission

To debunk myths and misperceptions about the skilled trades and close the skills gap.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,618,418$4,345,257▲ $1,726,839
Investments in Publicly Traded Securities$119,966$2,509,289▲ $2,389,323
Cash and Non-Interest-Bearing Accounts$776,600$841,719▲ $65,119
Accounts Receivable-$533,138-
Savings and Temporary Cash Investments$1,591,844$361,185▼ $1,230,659
Pledges and Grants Receivable$134,790$90,066▼ $44,724
Intangible Assets-$7,763-
Prepaid Expenses and Deferred Charges$3,814$3,924▲ $110
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,634,128$4,354,198▲ $1,720,070
Other Assets Total$7,114$7,114→ $0
Liabilities
Accounts Payable and Accrued Expenses$15,710$8,941▼ $6,769
Total Liabilities$15,710$8,941▼ $6,769
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,618,418$4,345,257▲ $1,726,839
Total Liabilities and Net Assets / Fund Balance$2,634,128$4,354,198▲ $1,720,070
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mary SullivanPresident and COO
Kimberly EstradaVice President and Secreta
Charles L KlausmeyerBoard Member
Denise LongarzoBoard Member
Helen WongBoard Member
Michael DeganBoard Member
Michael G RoweCEO and CFO
Revenue and Support

Revenue Composition

Contributions and Grants
$2,880,659
Program Service Revenue
$0
Investment Income
$57,294
Other Revenue
$302,660
All Other Contributions
$2,880,659
Change in Net Assets
$1,711,371

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded6$56,040Fair Market Value (FMV)
Total Noncash Contributions6$56,040-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,286,846
Other Expenses$151,531
Salaries, Compensation, and Employee Benefits$90,865
Total Fundraising Expense$50,412
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,286,846--$1,286,846
Other Salaries and Wages$16,796$33,592$33,592$83,980
Fees for Services Accounting-$59,411-$59,411
Occupancy-$47,604-$47,604
Fees for Services Other-$2,004$14,066$16,070
Fees for Services Legal-$15,530-$15,530
Payroll Taxes$1,377$2,754$2,754$6,885
Office Expenses$4,564$1,399-$5,963
Advertising$2,420--$2,420
Depreciation Depletion$2,162--$2,162
Travel$897--$897
Information Technology$389--$389
Other Expenses-$151-$151
Total Functional Expenses$1,315,451$163,379$50,412$1,529,242
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
American Education Assistance Foundation IncNashville, TN501(c)(3)Scholarship Grant$1,050,000
Stand Together IncArlington, VA501(c)(3)Scholarship Grant$125,000
Southeast Technical InstituteSioux Falls, SD501(c)(3)Scholarship Grant$25,000
Lake Area Technical InstituteWatertown, SD501(c)(3)Scholarship Grant$15,000
Lime FoundationSanta Rosa, CA501(c)(3)Scholarship Grant$10,000
Tact Kids IncDenver, CO501(c)(3)Scholarship Grant$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$27,273
Fundraising Direct Expenses$7,704
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Internet Auction$27,273$27,273$7,704$19,569
Total Events$27,273$27,273$7,704$19,569
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
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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

Mary sullivan is engaged by mr. Rowe's companies as his president and in-house counsel and is paid a customary salary by mr. Rowe's companies for such services.

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

A copy of form 990 was distributed to the governing board for review prior to the filing of the return.

Form 990, Part VI, Section C, Line 19

The organization does not make its governing documents, conflict of interest policy, and financials statements available to the public.

Filing and Contact Details

Filer

Filer Name
Mikeroweworks Foundation
EIN
26-4324338
Phone
3102774657
Address
10960 WILSHIRE BLVD 5TH FLOOR, LOS ANGELES, CA 90024-3708

Signing Officer

Name
Kimberly Estrada
Title
Vice President and Secretary
Phone
3102774657
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael G Rowe
Formed
2008
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
3
Employees
4
Volunteers
0

Preparer

Firm
Nksfb LLC Dba - Focus Operating LLC
Address
10960 WILSHIRE BLVD 5TH FLOOR, LOS ANGELES, CA 90024
Preparer
Laura Dimaggio
Phone
3102774657
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

At the mikeroweworks foundation, we're on a mission to challenge the stigmas and stereotypes about the skilled trades and help close the skills gap. We're redefining the definition of a good education and a good job, because we don't believe that a four-year degree is the best path for the most people. We want people to understand the impact of skilled labor on their lives, and we're convinced that the solution starts with a new appreciation for hard work. Since 2014, we have provided financial assistance to the next generation of skilled workers through our annual work ethic scholarship program. This year, we wanted to make work cool again by recognizing more than 200 work ethic scholarship recipients in 17 skilled trade programs across 44 states that we consider rock starspeople who keep the lights on, water running, and air flowing. The scholarships ranged from $1,000 to $12,500 per recipient, and each recipient also received a wolverine bundle of quality workwearincluding work boots, apparel, and socksdonated as part of wolverine's project bootstrap. In addition, we helped facilitate the granting of an additional $40,000 through direct tuition credits for work ethic scholarship recipients attending universal technical institute. Through the video series called, "unpacking the s.w.e.a.t. Pledge" our ceo mike rowe breaks down the origin of the 12 statements of the s.w.e.a.t. Pledge and why we believe work ethic, personal responsibility, delayed gratification, and a positive attitude are important. These videos garnered nearly 10 million views and laid the foundation for the creation and development of a work ethic curriculum made up of 12 one-hour lessons for post-secondary schools, in collaboration with wsu tech, the charles koch foundation, and koch industries. Nearly 1,800 wsu tech students completed the curriculum as of this year, and we expanded the pilot to include 15 post-secondary schools nationwide. In addition to public support raised through donations and campaigns in support of our initiatives, we generated additional revenue by starting a licensing arrangement with a company called bfive40, in which 100% of the net proceeds benefitted our foundation. We also continued to (i) sell books, posters, and other merchandise on our ebay store, encourage employers to match funds donated by its employees, and (ii) participate in charity support networks, including amazonsmile, ebay for charity, and the paypal giving fund to raise funds to support our mission.

Raw XML AppendixShowing 400 of 479 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/Desc0WE AWARDED MORE THAN 200 RECIPIENTS IN 17 ELIGIBLE SKILLED TRADE PROGRAMS ACROSS 44 STATES THROUGH OUR ANNUAL WORK ETHIC SCHOLARSHIP PROGRAM. THIS PROGRAM IS ABOUT RECOGNIZING THE PEOPLE WHO UNDERSTAND THE IMPORTANCE OF WORK ETHIC, PERSONAL RESPONSIBILITY, DELAYED GRATIFICATION, AND A POSITIVE ATTITUDE. THE HARDWORKING MEN AND WOMEN WHO KEEP THE LIGHTS ON, WATER RUNNING, AND AIR FLOWINGTHE NEXT GENERATION OF SKILLED WORKERS. THE WORK ETHIC SCHOLARSHIPS RANGED FROM $1,000 TO $12,500 PER RECIPIENT, AND EACH RECIPIENT ALSO RECEIVED A WOLVERINE WORKWEAR BUNDLE DONATED AS PART OF WOLVERINE'S PROJECT BOOTSTRAP. WE ALSO HELPED FACILITATE THE GRANTING OF AN ADDITIONAL $40,000 THROUGH DIRECT TUITION CREDITS FOR WORK ETHIC SCHOLARSHIP RECIPIENTS ATTENDING UNIVERSAL TECHNICAL INSTITUTE.
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IRS990/PrincipalOfficerNm0MICHAEL G ROWE
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IRS990/ProgSrvcAccomActy2Grp/Desc0WE TEAMED UP WITH BUILD DAKOTA SCHOLARSHIP TO AWARD FINISH STRONG SCHOLARSHIPS TO 10 SECOND-YEAR TECHNICAL STUDENTS ACROSS SOUTH DAKOTA TO HELP BOOST TECHNICAL EDUCATION IN THE STATE. THE FINISH STRONG SCHOLARSHIP SUPPORTED STUDENTS ENTERING THEIR SECOND YEAR AT ONE OF SOUTH DAKOTA'S FOUR TECHNICAL INSTITUTES TO HELP THEM EARN TECHNICAL DEGREES AND MOVE INTO THE STATE'S WORKFORCE WITH LESS DEBT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt050000
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IRS990/ProgSrvcAccomActy3Grp/Desc0WE SUPPORTED STAND TOGETHER'S CATALYST PROGRAM, IN WHICH WE PROVIDED FINANCIAL SUPPORT TO STARTUPS SPECIFICALLY FOCUSED ON THE SKILLED TRADES AND BUILDING AMERICA'S WORKFORCE, INCLUDING ON THE ROAD GARAGE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0125000
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE FOUNDATION CONTINUALLY EXPANDS AND MAINTAINS ITS WEBSITE WHICH SERVES AS THE MARKETING AND COMMUNICATION VEHICLE FOR THE FOUNDATION AND IS CRITICAL IN NOT ONLY BRINGING ATTENTION TO THE SKILLS GAP PROBLEM BUT ALSO IN CONTINUING ITS FUNDRAISING EFFORTS.
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt08140
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IRS990/ScheduleBRequiredInd01
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt019569
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07704
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07704
IRS990ScheduleI/GrantRecordsMaintainedInd00
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IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt215000
IRS990ScheduleI/RecipientTable/CashGrantAmt310000
IRS990ScheduleI/RecipientTable/CashGrantAmt410000
IRS990ScheduleI/RecipientTable/CashGrantAmt5125000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIP GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SCHOLARSHIP GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SCHOLARSHIP GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3SCHOLARSHIP GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4SCHOLARSHIP GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5SCHOLARSHIP GRANT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AMERICAN EDUCATION ASSISTANCE FOUNDATION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SOUTHEAST TECHNICAL INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2LAKE AREA TECHNICAL INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3LIME FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4TACT KIDS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5STAND TOGETHER INC
IRS990ScheduleI/RecipientTable/RecipientEIN0061688758
IRS990ScheduleI/RecipientTable/RecipientEIN1462014496
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IRS990ScheduleI/RecipientTable/RecipientEIN3472046585
IRS990ScheduleI/RecipientTable/RecipientEIN4813015819
IRS990ScheduleI/RecipientTable/RecipientEIN5273197768
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01321 MURFRESSBORO PIKE STE 800
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12320 N CAREER AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21201 ARROW AVE NE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt33327 MCMAUDE PLACE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt42733 W 8TH STREET AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt52300 WILSON BLVD SUITE 500
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NASHVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SIOUX FALLS
IRS990ScheduleI/RecipientTable/USAddress/CityNm2WATERTOWN
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IRS990ScheduleI/RecipientTable/USAddress/CityNm4DENVER
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IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
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IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt06
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IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AT THE MIKEROWEWORKS FOUNDATION, WE'RE ON A MISSION TO CHALLENGE THE STIGMAS AND STEREOTYPES ABOUT THE SKILLED TRADES AND HELP CLOSE THE SKILLS GAP. WE'RE REDEFINING THE DEFINITION OF A GOOD EDUCATION AND A GOOD JOB, BECAUSE WE DON'T BELIEVE THAT A FOUR-YEAR DEGREE IS THE BEST PATH FOR THE MOST PEOPLE. WE WANT PEOPLE TO UNDERSTAND THE IMPACT OF SKILLED LABOR ON THEIR LIVES, AND WE'RE CONVINCED THAT THE SOLUTION STARTS WITH A NEW APPRECIATION FOR HARD WORK. SINCE 2014, WE HAVE PROVIDED FINANCIAL ASSISTANCE TO THE NEXT GENERATION OF SKILLED WORKERS THROUGH OUR ANNUAL WORK ETHIC SCHOLARSHIP PROGRAM. THIS YEAR, WE WANTED TO MAKE WORK COOL AGAIN BY RECOGNIZING MORE THAN 200 WORK ETHIC SCHOLARSHIP RECIPIENTS IN 17 SKILLED TRADE PROGRAMS ACROSS 44 STATES THAT WE CONSIDER ROCK STARSPEOPLE WHO KEEP THE LIGHTS ON, WATER RUNNING, AND AIR FLOWING. THE SCHOLARSHIPS RANGED FROM $1,000 TO $12,500 PER RECIPIENT, AND EACH RECIPIENT ALSO RECEIVED A WOLVERINE BUNDLE OF QUALITY WORKWEARINCLUDING WORK BOOTS, APPAREL, AND SOCKSDONATED AS PART OF WOLVERINE'S PROJECT BOOTSTRAP. IN ADDITION, WE HELPED FACILITATE THE GRANTING OF AN ADDITIONAL $40,000 THROUGH DIRECT TUITION CREDITS FOR WORK ETHIC SCHOLARSHIP RECIPIENTS ATTENDING UNIVERSAL TECHNICAL INSTITUTE. THROUGH THE VIDEO SERIES CALLED, "UNPACKING THE S.W.E.A.T. PLEDGE" OUR CEO MIKE ROWE BREAKS DOWN THE ORIGIN OF THE 12 STATEMENTS OF THE S.W.E.A.T. PLEDGE AND WHY WE BELIEVE WORK ETHIC, PERSONAL RESPONSIBILITY, DELAYED GRATIFICATION, AND A POSITIVE ATTITUDE ARE IMPORTANT. THESE VIDEOS GARNERED NEARLY 10 MILLION VIEWS AND LAID THE FOUNDATION FOR THE CREATION AND DEVELOPMENT OF A WORK ETHIC CURRICULUM MADE UP OF 12 ONE-HOUR LESSONS FOR POST-SECONDARY SCHOOLS, IN COLLABORATION WITH WSU TECH, THE CHARLES KOCH FOUNDATION, AND KOCH INDUSTRIES. NEARLY 1,800 WSU TECH STUDENTS COMPLETED THE CURRICULUM AS OF THIS YEAR, AND WE EXPANDED THE PILOT TO INCLUDE 15 POST-SECONDARY SCHOOLS NATIONWIDE. IN ADDITION TO PUBLIC SUPPORT RAISED THROUGH DONATIONS AND CAMPAIGNS IN SUPPORT OF OUR INITIATIVES, WE GENERATED ADDITIONAL REVENUE BY STARTING A LICENSING ARRANGEMENT WITH A COMPANY CALLED BFIVE40, IN WHICH 100% OF THE NET PROCEEDS BENEFITTED OUR FOUNDATION. WE ALSO CONTINUED TO (I) SELL BOOKS, POSTERS, AND OTHER MERCHANDISE ON OUR EBAY STORE, ENCOURAGE EMPLOYERS TO MATCH FUNDS DONATED BY ITS EMPLOYEES, AND (II) PARTICIPATE IN CHARITY SUPPORT NETWORKS, INCLUDING AMAZONSMILE, EBAY FOR CHARITY, AND THE PAYPAL GIVING FUND TO RAISE FUNDS TO SUPPORT OUR MISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MARY SULLIVAN IS ENGAGED BY MR. ROWE'S COMPANIES AS HIS PRESIDENT AND IN-HOUSE COUNSEL AND IS PAID A CUSTOMARY SALARY BY MR. ROWE'S COMPANIES FOR SUCH SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF FORM 990 WAS DISTRIBUTED TO THE GOVERNING BOARD FOR REVIEW PRIOR TO THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIALS STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$0.01$13.3$5.86$3.27$2.59
2023Detailed filing. Detailed filing data is available for this year.$11.0$0.05$11.0$4.32$2.20$2.12
2022Detailed filing. Detailed filing data is available for this year.$8.93$0.09$8.84$4.37$2.16$2.20
2021Detailed filing. Detailed filing data is available for this year.$6.73$0.01$6.72$3.75$1.38$2.37
2020Detailed filing. Detailed filing data is available for this year.$4.35$0.01$4.35$3.24$1.53$1.71
2019Detailed filing. Detailed filing data is available for this year.$2.63$0.02$2.62$1.57$1.14$0.43
2018Detailed filing. Detailed filing data is available for this year.$2.19$0.00$2.19$1.64$0.98$0.66
2017Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$1.79$1.25$0.53
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$1.23$0.78$0.45
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.01$0.55$0.66$0.90$0.24
2014Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.78$0.90$0.89$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.90$0.53$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.14$0.41$0.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.00$0.70$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.01