Civic Intelligence

Educurious Partners

990 • Fiscal year 2016 • EIN 27-3199763

Jul 01, 2015 to Jun 30, 2016 • Filed on Mar 14, 2017

2815 Eastlake Avenue East 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

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

18th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

85th percentile

28%

Higher net margin than 85% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

92nd percentile

$236,206

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

98th percentile

232%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

96th percentile

166%

Faster revenue growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$899,304

Up $628,817 (+232%) from 2015

Net Assets

Up

$889,224

Up $618,737 (+229%) from 2015

Liabilities

Up

$10,080

Up $10,080 from 2015

Revenue

Up

$2,196,747

Up $1,370,592 (+166%) from 2015

Expenses

Up

$1,578,010

Up $783,256 (+99%) from 2015

Net Income

Up

$618,737

Up $587,336 (+1870%) from 2015

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

2016

Assets$899,304
Liabilities$10,080
Net Assets$889,224

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

2016

Revenue$2,196,747
Expenses$1,578,010
Net Income$618,737
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Mar 14, 2017
Return Version
2015v3.0
Gross Receipts
$2,196,747
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 was formed to improve students experience in k-12 education, to encourage greater student engagement in their education, and to enable schools to provide a broader spectrum of learning experiences to their students. In furtherance of these goals, educurious has developed: (1) innovative curriculum materials for use in schools; (2) internet and social networking services for use by teachers and students; (3) teacher training materials to support the use of the curriculum materials; and (4) a national service corp that will encourage adult professionals to contribute time and skills to support high school students learning in science, mathematics, engineering, and literacy/writing courses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$268,461$892,091▲ $623,630
Rtn Earn Endowment Incm Other Fnds$270,487$889,224▲ $618,737
Land, Buildings, and Equipment, Net$2,026$7,213▲ $5,187
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$270,487$899,304▲ $628,817
Liabilities
Deferred Revenue-$10,080-
Total Liabilities$0$10,080▲ $10,080
Net Assets / Fund Balance
Total Net Assets Fund Balance$270,487$889,224▲ $618,737
Total Liabilities and Net Assets / Fund Balance$270,487$899,304▲ $628,817

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,213$5,197$12,410
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Louis M Golden IiiCEOFT$229,167$7,039$236,206

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$466,191
Program Service Revenue
$1,729,034
Investment Income
$1,522
Other Revenue
$0
All Other Contributions
$466,191
Change in Net Assets
$618,737
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$837,775
Salaries, Compensation, and Employee Benefits$740,235
Total Fundraising Expense$28,870
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$569,511--$569,511
Other Salaries and Wages$439,977--$439,977
Current Officers, Directors, Trustees, and Key Employees$177,154$35,431$23,621$236,206
Travel$80,110--$80,110
Payroll Taxes$40,221$2,746$1,831$44,798
Occupancy$39,093$2,669$1,780$43,542
Conferences and Meetings$41,029--$41,029
Other Expenses$29,951$27,489-$27,489
Office Expenses$18,684$1,276$851$20,811
Other Employee Benefits$17,286$1,181$787$19,254
Fees for Services Accounting-$12,123-$12,123
Insurance-$5,125-$5,125
Royalties$3,977--$3,977
Advertising$2,204--$2,204
Depreciation Depletion$1,903--$1,903
Total Functional Expenses$1,461,100$88,040$28,870$1,578,010
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 11

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 EAST NO 220, SEATTLE, WA 98102

Signing Officer

Name
Janet Frohnmayer
Title
Board Chairperson
Phone
2064024489
Signed
2017-03-14
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
8
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

In this year, educurious continued to expand our work that ushers in a new chapter in secondary school education that is reinvigorating teachers and inspiring students to more fully engage with the world around them. 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. What happened in schools that teamed up with educurious in this year? - teachers gained access to new professional development opportunities that bolstered their confidence and capabilities in the classroom, becoming activators with their students. - students engaged with working professionals who inspired them to prepare for college and tomorrow's careers. - learning was transformed from a paper-based exercise into a set of authentic projects that brought subjects in biology, english language arts, and more, fully to life. Our results in this year from working with nearly 20,000 students and 329 teachers in 74 schools across 16 states include higher attendance, grades, test scores, and lower average rates of chronic truancy, tardiness and suspensions compared to their matched, comparison students. In addition, the students with whom we worked have changed perceptions of who they are and what they can do as evidenced through self-reports and also by their teachers. Teachers consistently state that they have a renewed sense of enthusiasm and also have the tools and approaches to establish vibrant learning communities in their classrooms. This was our third 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 generous grant from the george lucas educational foundation with which we developed a 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 be an american while they develop the skills to think like historians. 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 16 states. Our mentors are called "experts;" they are drawn from the community of working and retired professional with relevant skills in the domains students are asked to learn, and they help students directly make connections between what they are learning in school and how it applies in the "world", and often given students direct and meaningful feedback to help them improve their work. In this year, we piloted a new program call

Form 990, Part IX, Line 11G

Professional development: program service expenses 557,011. Management and general expenses 0. Fundraising expenses 0. Total expenses 557,011. Course contractors: program service expenses 12,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,500.

Form 990, Part IX, Line 11G

Professional fees itemized listing: v1 and v2 course contractors: $12,500 professional development: $557,011

Raw XML AppendixShowing 400 of 413 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/ExplanationTxt0IN THIS YEAR, EDUCURIOUS CONTINUED TO EXPAND OUR WORK THAT USHERS IN A NEW CHAPTER IN SECONDARY SCHOOL EDUCATION THAT IS REINVIGORATING TEACHERS AND INSPIRING STUDENTS TO MORE FULLY ENGAGE WITH THE WORLD AROUND THEM. 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. WHAT HAPPENED IN SCHOOLS THAT TEAMED UP WITH EDUCURIOUS IN THIS YEAR? - TEACHERS GAINED ACCESS TO NEW PROFESSIONAL DEVELOPMENT OPPORTUNITIES THAT BOLSTERED THEIR CONFIDENCE AND CAPABILITIES IN THE CLASSROOM, BECOMING ACTIVATORS WITH THEIR STUDENTS. - STUDENTS ENGAGED WITH WORKING PROFESSIONALS WHO INSPIRED THEM TO PREPARE FOR COLLEGE AND TOMORROW'S CAREERS. - LEARNING WAS TRANSFORMED FROM A PAPER-BASED EXERCISE INTO A SET OF AUTHENTIC PROJECTS THAT BROUGHT SUBJECTS IN BIOLOGY, ENGLISH LANGUAGE ARTS, AND MORE, FULLY TO LIFE. OUR RESULTS IN THIS YEAR FROM WORKING WITH NEARLY 20,000 STUDENTS AND 329 TEACHERS IN 74 SCHOOLS ACROSS 16 STATES INCLUDE HIGHER ATTENDANCE, GRADES, TEST SCORES, AND LOWER AVERAGE RATES OF CHRONIC TRUANCY, TARDINESS AND SUSPENSIONS COMPARED TO THEIR MATCHED, COMPARISON STUDENTS. IN ADDITION, THE STUDENTS WITH WHOM WE WORKED HAVE CHANGED PERCEPTIONS OF WHO THEY ARE AND WHAT THEY CAN DO AS EVIDENCED THROUGH SELF-REPORTS AND ALSO BY THEIR TEACHERS. TEACHERS CONSISTENTLY STATE THAT THEY HAVE A RENEWED SENSE OF ENTHUSIASM AND ALSO HAVE THE TOOLS AND APPROACHES TO ESTABLISH VIBRANT LEARNING COMMUNITIES IN THEIR CLASSROOMS. THIS WAS OUR THIRD 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 GENEROUS GRANT FROM THE GEORGE LUCAS EDUCATIONAL FOUNDATION WITH WHICH WE DEVELOPED A 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 BE AN AMERICAN WHILE THEY DEVELOP THE SKILLS TO THINK LIKE HISTORIANS. 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 16 STATES. OUR MENTORS ARE CALLED "EXPERTS;" THEY ARE DRAWN FROM THE COMMUNITY OF WORKING AND RETIRED PROFESSIONAL WITH RELEVANT SKILLS IN THE DOMAINS STUDENTS ARE ASKED TO LEARN, AND THEY HELP STUDENTS DIRECTLY MAKE CONNECTIONS BETWEEN WHAT THEY ARE LEARNING IN SCHOOL AND HOW IT APPLIES IN THE "WORLD", AND OFTEN GIVEN STUDENTS DIRECT AND MEANINGFUL FEEDBACK TO HELP THEM IMPROVE THEIR WORK. IN THIS YEAR, WE PILOTED A NEW PROGRAM CALL
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 557,011. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 557,011. COURSE CONTRACTORS: PROGRAM SERVICE EXPENSES 12,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROFESSIONAL FEES ITEMIZED LISTING: V1 AND V2 COURSE CONTRACTORS: $12,500 PROFESSIONAL DEVELOPMENT: $557,011
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 11
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 IX, LINE 11G
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