Civic Intelligence

Educurious Partners

990 • Fiscal year 2017 • EIN 27-3199763

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 07, 2017

2815 Eastlake Avenue No 220Seattle, WA 98102

(206) 402-4489

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.20x

Higher debt load relative to assets than 63% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

0.14x

Higher debt load relative to revenue than 57% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

81st percentile

24%

Higher net margin than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

96th percentile

107%

Faster asset growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

71st percentile

17%

Faster revenue growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,860,319

Up $961,015 (+107%) from 2016

Net Assets

Up

$1,495,555

Up $606,331 (+68%) from 2016

Liabilities

Up

$364,764

Up $354,684 (+3519%) from 2016

Revenue

Up

$2,573,046

Up $376,299 (+17%) from 2016

Expenses

Up

$1,966,714

Up $388,704 (+25%) from 2016

Net Income

Down

$606,332

Down $12,405 (-2.0%) from 2016

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,679,072Liabilities 2011: $0Net Assets 2011: $2,679,0722011Assets 2012: $1,939,842Liabilities 2012: $74,081Net Assets 2012: $1,865,7612012Assets 2013: $989,398Liabilities 2013: $1,976Net Assets 2013: $987,4222013Assets 2015: $270,487Liabilities 2015: $0Net Assets 2015: $270,4872015Assets 2016: $899,304Liabilities 2016: $10,080Net Assets 2016: $889,2242016Assets 2017: $1,860,319Liabilities 2017: $364,764Net Assets 2017: $1,495,5552017Assets 2018: $1,688,616Liabilities 2018: $356,041Net Assets 2018: $1,332,5752018Assets 2019: $828,281Liabilities 2019: $47,215Net Assets 2019: $781,0662019Assets 2020: $1,263,150Liabilities 2020: $474,870Net Assets 2020: $788,2802020Assets 2021: $1,323,880Liabilities 2021: $819,137Net Assets 2021: $504,7432021Assets 2022: $1,631,422Liabilities 2022: $1,120,928Net Assets 2022: $510,4942022Assets 2023: $7,838,525Liabilities 2023: $6,531,284Net Assets 2023: $1,307,2412023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2017

Assets$1,860,319
Liabilities$364,764
Net Assets$1,495,555

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,128,0612011Expenses 2012: $2,888,6932012Revenue 2013: $1,342,941Expenses 2013: $2,221,280Net Income 2013: -$878,3392013Revenue 2015: $826,155Expenses 2015: $794,754Net Income 2015: $31,4012015Revenue 2016: $2,196,747Expenses 2016: $1,578,010Net Income 2016: $618,7372016Revenue 2017: $2,573,046Expenses 2017: $1,966,714Net Income 2017: $606,3322017Revenue 2018: $2,060,481Expenses 2018: $2,223,461Net Income 2018: -$162,9802018Revenue 2019: $1,159,706Expenses 2019: $1,674,461Net Income 2019: -$514,7552019Revenue 2020: $1,803,085Expenses 2020: $1,799,008Net Income 2020: $4,0772020Revenue 2021: $1,196,409Expenses 2021: $1,479,946Net Income 2021: -$283,5372021Revenue 2022: $1,500,787Expenses 2022: $1,495,036Net Income 2022: $5,7512022Revenue 2023: $2,756,769Expenses 2023: $1,960,022Net Income 2023: $796,7472023Revenue 2024: $6,214,243Expenses 2024: $4,134,107Net Income 2024: $2,080,1362024

Highlighted filing

2017

Revenue$2,573,046
Expenses$1,966,714
Net Income$606,332
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 7, 2017
Return Version
2016v3.0
Gross Receipts
$2,573,046
Mission and Program Overview

Mission

Our vision and mission is to empower and motivate young people to achieve academic, career, and personal success through the integration of project-based learning, connections with real-world experts, technology, and career explorations.

Educurious is committed to sparking interest, igniting possibility, and connecting young people to the world. We provide professional development to support educators as they bring excitement and purpose to the classroom through project based learning experiences that are grounded in rigorous curricdulum. And by engaging with real-world professionals through the educurious expert network, students receive concrete feedback, build impactful relationships in a wide array of fields, and are exposed to a universe of career possibilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$892,091$1,853,371▲ $961,280
Rtn Earn Endowment Incm Other Fnds$889,224$1,495,555▲ $606,331
Land, Buildings, and Equipment, Net$7,213$6,948▼ $265
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$899,304$1,860,319▲ $961,015
Liabilities
Deferred Revenue$10,080$323,929▲ $313,849
Accounts Payable and Accrued Expenses-$40,835-
Total Liabilities$10,080$364,764▲ $354,684
Net Assets / Fund Balance
Total Net Assets Fund Balance$889,224$1,495,555▲ $606,331
Total Liabilities and Net Assets / Fund Balance$899,304$1,860,319▲ $961,015

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,948$8,806$15,754
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Louis M Golden IiiCEOFT$270,833$5,118$275,951
Jane a ChadseyVP of School SolutionsFT$108,800$6,639$115,439

Board Members and Trustees

NameTitle
Janet FrohnmayerChair of Board of Director
Carlos Luis ObandoDirector
Carrie GeorgeDirector
Harriette RasmussenDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$920,093
Program Service Revenue
$1,652,234
Investment Income
$719
Other Revenue
$0
All Other Contributions
$920,093
Change in Net Assets
$606,332
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,117,702
Other Expenses$849,012
Total Fundraising Expense$44,515
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$660,915--$660,915
Fees for Services Other$546,186--$546,186
Current Officers, Directors, Trustees, and Key Employees$271,918$54,384$36,256$362,558
Travel$101,043--$101,043
Payroll Taxes$66,045$4,508$3,007$73,560
Occupancy$55,040$3,757$2,506$61,303
Office Expenses$41,754$2,850$1,901$46,505
Conferences and Meetings$22,960--$22,960
Other Employee Benefits$18,556$1,268$845$20,669
Fees for Services Accounting-$12,600-$12,600
Insurance-$9,816-$9,816
Royalties$6,423--$6,423
Advertising$4,120--$4,120
Depreciation Depletion$3,609--$3,609
Information Technology$2,177--$2,177
Fees for Services Legal-$746-$746
Other Expenses$107$26,225-$107
Total Functional Expenses$1,806,045$116,154$44,515$1,966,714
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
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
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 8B

THERE ARE NO COMMITTEES.

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

The completed form 990 was emailed to the board members for comment prior to filing.

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

The organization regularly reviews activities of directors/officers and the organization activities to comply with the written conflict of interest policy.

Form 990, Part VI, Section B, Line 15A

The organization board members reviewed salary surveys for similar organizations and voted to approve the current compensation.

Form 990, Part VI, Section C, Line 19

The organization publishes in the daily journal of commerce annually providing notice to the public that the form 990 is available along with the above documents by request.

Filing and Contact Details

Filer

Filer Name
Educurious Partners
EIN
27-3199763
Phone
2064024489
Address
2815 EASTLAKE AVENUE NO 220, SEATTLE, WA 98102

Signing Officer

Name
Janet Frohnmayer
Title
Board Chairperson
Phone
2064024489
Signed
2017-12-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janet Frohnmayer
Formed
2010
Legal Domicile
Wa
Voting Board Members
4
Independent Board Members
4
Employees
14
Volunteers
4

Preparer

Firm
Cliftonlarsonallen Llp
Address
10700 NORTHUP WAY SUITE 200, BELLEVUE, WA 98004
Preparer
Steven B Bass CPA
Phone
4252506100
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

This year, educurious experienced significant growth by expanding our implementations in schools utilizing our project and problem-based curricula, our professional development services and our career connected learning solutions. We are thrilled that we were able to serve more teachers and students across the country and increase our partnerships with employers to provide career-connected awareness, exposure and experiences to youth. By providing authentic learning in school and real work opportunities after and out of school, young people are better able to take ownership for their futures. Our educurious approach takes advantage of today's technologies to coordinate a web of services that strengthen schools by training teachers as 21st century leaders and connecting students with working professionals on a wide range of challenging projects that fully engage them in collaborative, problem-solving work that ignites their passion and curiosity. We offer students new ways to discover the relevance of what they're learning. By leveraging technology as a tool and proven educational approaches, we developed and rolled out an integrated solution that brings innovation and support to what happens there. The educurious integrated solution captures the imagination and interest of students by combining project-based learning, technology, and connections with real-world experts, to create a meaningful learning experience that cultivates contemporary skills and readiness for college and careers. In schools that teamed up with educurious this year, teachers continued to expand their repertoire of approaches to establish a student-centered learning environment in their classrooms, supporting their students on competency-based trajectories as developing experts. Students collaborated with working professionals who exposed them to a variety of professions and why school matters in preparing for them. Learning became relevant as students solved challenges facing their communities while gaining the knowledge, skills and dispositions for college and career success. Our results from working with 27,670 students and 426 teachers in 107 schools across 20 states include higher attendance, grades, test scores, and lower rates of absenteeism and discipline. In addition, the students with whom we worked have changed self-images. Teachers had a renewed sense of enthusiasm and the tools and approaches to establish vibrant learning communities in their classrooms. This was our fourth year of licensing our courses and providing fee-based professional development services to schools. We developed additional projects and courses and rolled them out across the schools we work with. Our project based learning approach develops students' higher order thinking skills to evaluate research and responsibly take action on issues that matter to them. Students also work extensively in a variety of team settings both in-class and virtually, and depend on some self-paced, student driven instruction. We received a second year grant from the george lucas educational foundation with which we rolled out our new middle school (8th grade) history course called project america. The focus of the course is the u.s. Constitution and what it means to students to be an american today and enables them to develop the skills to think like historians. We expanded our work with empatico/kind foundation to create elementary school learning resources to help 3rd and 4th graders build empathy towards others. The educurious expert network is an effective way to connect those working professionals with students to help them develop these crucial contemporary skills and understand the vast array of career possibilities before them. Never before have professionals had the opportunity to easily mentor students in classrooms across the country, but through the use of technology and our mediated social network, it was happening in schools in 20 states. Our mentors are called "experts;" they are

Form 990, Part IX, Line 11G

Professional development: program service expenses 546,186. Management and general expenses 0. Fundraising expenses 0. Total expenses 546,186.

FORM 990, PART XI, LINE 9:

ROUNDING -2.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS YEAR, EDUCURIOUS EXPERIENCED SIGNIFICANT GROWTH BY EXPANDING OUR IMPLEMENTATIONS IN SCHOOLS UTILIZING OUR PROJECT AND PROBLEM-BASED CURRICULA, OUR PROFESSIONAL DEVELOPMENT SERVICES AND OUR CAREER CONNECTED LEARNING SOLUTIONS. WE ARE THRILLED THAT WE WERE ABLE TO SERVE MORE TEACHERS AND STUDENTS ACROSS THE COUNTRY AND INCREASE OUR PARTNERSHIPS WITH EMPLOYERS TO PROVIDE CAREER-CONNECTED AWARENESS, EXPOSURE AND EXPERIENCES TO YOUTH. BY PROVIDING AUTHENTIC LEARNING IN SCHOOL AND REAL WORK OPPORTUNITIES AFTER AND OUT OF SCHOOL, YOUNG PEOPLE ARE BETTER ABLE TO TAKE OWNERSHIP FOR THEIR FUTURES. OUR EDUCURIOUS APPROACH TAKES ADVANTAGE OF TODAY'S TECHNOLOGIES TO COORDINATE A WEB OF SERVICES THAT STRENGTHEN SCHOOLS BY TRAINING TEACHERS AS 21ST CENTURY LEADERS AND CONNECTING STUDENTS WITH WORKING PROFESSIONALS ON A WIDE RANGE OF CHALLENGING PROJECTS THAT FULLY ENGAGE THEM IN COLLABORATIVE, PROBLEM-SOLVING WORK THAT IGNITES THEIR PASSION AND CURIOSITY. WE OFFER STUDENTS NEW WAYS TO DISCOVER THE RELEVANCE OF WHAT THEY'RE LEARNING. BY LEVERAGING TECHNOLOGY AS A TOOL AND PROVEN EDUCATIONAL APPROACHES, WE DEVELOPED AND ROLLED OUT AN INTEGRATED SOLUTION THAT BRINGS INNOVATION AND SUPPORT TO WHAT HAPPENS THERE. THE EDUCURIOUS INTEGRATED SOLUTION CAPTURES THE IMAGINATION AND INTEREST OF STUDENTS BY COMBINING PROJECT-BASED LEARNING, TECHNOLOGY, AND CONNECTIONS WITH REAL-WORLD EXPERTS, TO CREATE A MEANINGFUL LEARNING EXPERIENCE THAT CULTIVATES CONTEMPORARY SKILLS AND READINESS FOR COLLEGE AND CAREERS. IN SCHOOLS THAT TEAMED UP WITH EDUCURIOUS THIS YEAR, TEACHERS CONTINUED TO EXPAND THEIR REPERTOIRE OF APPROACHES TO ESTABLISH A STUDENT-CENTERED LEARNING ENVIRONMENT IN THEIR CLASSROOMS, SUPPORTING THEIR STUDENTS ON COMPETENCY-BASED TRAJECTORIES AS DEVELOPING EXPERTS. STUDENTS COLLABORATED WITH WORKING PROFESSIONALS WHO EXPOSED THEM TO A VARIETY OF PROFESSIONS AND WHY SCHOOL MATTERS IN PREPARING FOR THEM. LEARNING BECAME RELEVANT AS STUDENTS SOLVED CHALLENGES FACING THEIR COMMUNITIES WHILE GAINING THE KNOWLEDGE, SKILLS AND DISPOSITIONS FOR COLLEGE AND CAREER SUCCESS. OUR RESULTS FROM WORKING WITH 27,670 STUDENTS AND 426 TEACHERS IN 107 SCHOOLS ACROSS 20 STATES INCLUDE HIGHER ATTENDANCE, GRADES, TEST SCORES, AND LOWER RATES OF ABSENTEEISM AND DISCIPLINE. IN ADDITION, THE STUDENTS WITH WHOM WE WORKED HAVE CHANGED SELF-IMAGES. TEACHERS HAD A RENEWED SENSE OF ENTHUSIASM AND THE TOOLS AND APPROACHES TO ESTABLISH VIBRANT LEARNING COMMUNITIES IN THEIR CLASSROOMS. THIS WAS OUR FOURTH YEAR OF LICENSING OUR COURSES AND PROVIDING FEE-BASED PROFESSIONAL DEVELOPMENT SERVICES TO SCHOOLS. WE DEVELOPED ADDITIONAL PROJECTS AND COURSES AND ROLLED THEM OUT ACROSS THE SCHOOLS WE WORK WITH. OUR PROJECT BASED LEARNING APPROACH DEVELOPS STUDENTS' HIGHER ORDER THINKING SKILLS TO EVALUATE RESEARCH AND RESPONSIBLY TAKE ACTION ON ISSUES THAT MATTER TO THEM. STUDENTS ALSO WORK EXTENSIVELY IN A VARIETY OF TEAM SETTINGS BOTH IN-CLASS AND VIRTUALLY, AND DEPEND ON SOME SELF-PACED, STUDENT DRIVEN INSTRUCTION. WE RECEIVED A SECOND YEAR GRANT FROM THE GEORGE LUCAS EDUCATIONAL FOUNDATION WITH WHICH WE ROLLED OUT OUR NEW MIDDLE SCHOOL (8TH GRADE) HISTORY COURSE CALLED PROJECT AMERICA. THE FOCUS OF THE COURSE IS THE U.S. CONSTITUTION AND WHAT IT MEANS TO STUDENTS TO BE AN AMERICAN TODAY AND ENABLES THEM TO DEVELOP THE SKILLS TO THINK LIKE HISTORIANS. WE EXPANDED OUR WORK WITH EMPATICO/KIND FOUNDATION TO CREATE ELEMENTARY SCHOOL LEARNING RESOURCES TO HELP 3RD AND 4TH GRADERS BUILD EMPATHY TOWARDS OTHERS. THE EDUCURIOUS EXPERT NETWORK IS AN EFFECTIVE WAY TO CONNECT THOSE WORKING PROFESSIONALS WITH STUDENTS TO HELP THEM DEVELOP THESE CRUCIAL CONTEMPORARY SKILLS AND UNDERSTAND THE VAST ARRAY OF CAREER POSSIBILITIES BEFORE THEM. NEVER BEFORE HAVE PROFESSIONALS HAD THE OPPORTUNITY TO EASILY MENTOR STUDENTS IN CLASSROOMS ACROSS THE COUNTRY, BUT THROUGH THE USE OF TECHNOLOGY AND OUR MEDIATED SOCIAL NETWORK, IT WAS HAPPENING IN SCHOOLS IN 20 STATES. OUR MENTORS ARE CALLED "EXPERTS;" THEY ARE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPLETED FORM 990 WAS EMAILED TO THE BOARD MEMBERS FOR COMMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION REGULARLY REVIEWS ACTIVITIES OF DIRECTORS/OFFICERS AND THE ORGANIZATION ACTIVITIES TO COMPLY WITH THE WRITTEN CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION BOARD MEMBERS REVIEWED SALARY SURVEYS FOR SIMILAR ORGANIZATIONS AND VOTED TO APPROVE THE CURRENT COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION PUBLISHES IN THE DAILY JOURNAL OF COMMERCE ANNUALLY PROVIDING NOTICE TO THE PUBLIC THAT THE FORM 990 IS AVAILABLE ALONG WITH THE ABOVE DOCUMENTS BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 546,186. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 546,186.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ROUNDING -2.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
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