Civic Intelligence

Washington Teachers Union Option 2

EIN 30-6360227 • 501(c)9 • Washington, DC

Profile

The plan covers employees in jobs covered by a collective bargaining agreement between the washington teachers union local #6 of the american federation of teachers, afl-cio and the district of columbia public school (dcps) system. The plan was established to provide supplemental unemployment benefits and other welfare benefits to current and former dcps employees who meet certain eligibility requirements.

1239 Pennsylvania Avenue SEWashington, DC 20003

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

50th percentile

0.00x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.15x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2024

Net Margin

79th percentile

37%

Higher net margin than 79% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

76th percentile

$74,021

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 196.0% of source-year revenue.

501(c)9 • $1M-$5M nonprofits • Source year 2024

Asset Growth

43rd percentile

0.4%

Faster asset growth than 43% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

61%

Faster revenue growth than 89% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,614,365

Up $13,214 (+0.4%) from 2023

Liabilities

Down

$5,791

Down $577 (-9.1%) from 2023

Net Assets

Up

$3,608,574

Up $13,791 (+0.4%) from 2023

Revenue

Up

$37,768

Up $14,381 (+61%) from 2023

Expenses

Down

$23,977

Down $24,780 (-51%) from 2023

Net Income

Up

$13,791

Up $39,161 (+154%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2014: $946,659Liabilities 2014: $104,483Net Assets 2014: $842,1762014Assets 2015: $872,547Liabilities 2015: $295,449Net Assets 2015: $577,0982015Assets 2016: $847,769Liabilities 2016: $330,051Net Assets 2016: $517,7182016Assets 2017: $5,550,843Liabilities 2017: $9,566Net Assets 2017: $5,541,2772017Assets 2018: $4,833,252Liabilities 2018: $965Net Assets 2018: $4,832,2872018Assets 2019: $4,332,894Liabilities 2019: $1,723Net Assets 2019: $4,331,1712019Assets 2020: $3,957,208Liabilities 2020: $6,755Net Assets 2020: $3,950,4532020Assets 2021: $3,756,675Liabilities 2021: $2,177Net Assets 2021: $3,754,4982021Assets 2022: $3,623,634Liabilities 2022: $3,481Net Assets 2022: $3,620,1532022Assets 2023: $3,601,151Liabilities 2023: $6,368Net Assets 2023: $3,594,7832023Assets 2024: $3,614,365Liabilities 2024: $5,791Net Assets 2024: $3,608,5742024

Highlighted filing

2024

Assets$3,614,365
Liabilities$5,791
Net Assets$3,608,574

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $1,790,365Expenses 2014: $948,189Net Income 2014: $842,1762014Revenue 2015: $634,448Expenses 2015: $899,526Net Income 2015: -$265,0782015Revenue 2016: $712,045Expenses 2016: $771,425Net Income 2016: -$59,3802016Revenue 2017: $5,749,245Expenses 2017: $725,686Net Income 2017: $5,023,5592017Revenue 2018: $4,181Expenses 2018: $713,171Net Income 2018: -$708,9902018Revenue 2019: $4,496Expenses 2019: $505,612Net Income 2019: -$501,1162019Revenue 2020: $3,567Expenses 2020: $384,286Net Income 2020: -$380,7192020Revenue 2021: $1,910Expenses 2021: $197,865Net Income 2021: -$195,9552021Revenue 2022: $1,854Expenses 2022: $136,198Net Income 2022: -$134,3442022Revenue 2023: $23,387Expenses 2023: $48,757Net Income 2023: -$25,3702023Revenue 2024: $37,768Expenses 2024: $23,977Net Income 2024: $13,7912024

Highlighted filing

2024

Revenue$37,768
Expenses$23,977
Net Income$13,791

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 6, 2025
Return Version
2023v6.0
Gross Receipts
$37,768
Mission and Program Overview

Mission

The plan covers employees in jobs covered by a collective bargaining agreement between the washington teachers' union local #6 of the american federation of teachers, afl-cio and the district of columbia public school (dcps) system. The plan was established to provide supplemental unemployment benefits and other welfare benefits to current and former dcps employees who meet certain eligibility requirements, and to establish, maintain, operate and administer the washington teachers union teachers' center.

The plan covers employees in jobs covered by a collective bargaining agreement between the washington teachers union local #6 of the american federation of teachers, afl-cio and the district of columbia public school (dcps) system. The plan was established to provide supplemental unemployment benefits and other welfare benefits to current and former dcps employees who meet certain eligibility requirements.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,588,923$3,604,151▲ $15,228
Prepaid Expenses and Deferred Charges$7,270$5,256▼ $2,014
Cash and Non-Interest-Bearing Accounts$4,958$4,958→ $0
Total Assets$3,601,151$3,614,365▲ $13,214
Liabilities
Accounts Payable and Accrued Expenses$6,368$5,791▼ $577
Total Liabilities$6,368$5,791▼ $577
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,594,783$3,608,574▲ $13,791
Total Net Assets Fund Balance$3,594,783$3,608,574▲ $13,791
Total Liabilities and Net Assets / Fund Balance$3,601,151$3,614,365▲ $13,214
Compensation and Service Providers

Employees

NameTitleOtherTotal
Jacqueline Pogue LyonsChairperson$74,021$74,021
Nadia TorneyTrustee$10,350$10,350

Board Members and Trustees

NameTitle
Andre GreenTrustee
Dr Sean PerkinsTrustee
Joyce AmrooTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$37,768
Other Revenue
$0
Change in Net Assets
$13,791

Audited Revenue Reconciliation

Revenue per Audited Statements
$37,768
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$37,768
Total Revenue per Form 990
$37,768
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$23,977
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting---$11,436
Insurance---$9,510
Fees for Services Legal---$3,031
Total Functional Expenses$0$0$0$23,977

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$23,977
Total Expenses per Audited Statements$23,977
Total Expenses per Form 990$23,977
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

The form 990 is reviewed by the trustees prior to filing.

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

At all meetings the board reviews any potential conflicts of interest.

Form 990, Part VI, Section C, Line 19

The documents are not publically available but are available to plan participants.

Filing and Contact Details

Filer

Filer Name
Washington Teachers Union Option 2
EIN
30-6360227
Phone
2025171477
Address
1239 PENNSYLVANIA AVENUE SE, WASHINGTON, DC 20003

Signing Officer

Name
Jacqueline Pogue Lyons
Title
Chairperson
Phone
2025171477
Signed
2025-03-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacqueline Pogue Lyons
Formed
2013
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Calibre CPA Group Pllc
Address
7501 WISCONSIN AVENUE SUITE 1200, WEST, BETHESDA, MD 20814
Preparer
Erin Cranmer
Phone
2023319880
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The plan accounts for income taxes in accordance with the accounting standards codification (asc) topic income taxes. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition and derecognition of tax positions taken or expected to be taken in a tax return. The plan performed an evaluation and does not believe the plan has any uncertain tax positions for the years ended june 30, 2024 and determined that there were no matters that would require recognition in the financial statements or that may have an effect on its tax-exempt status.

Raw XML Appendix312 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PLAN ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH THE ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE PLAN PERFORMED AN EVALUATION AND DOES NOT BELIEVE THE PLAN HAS ANY UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED JUNE 30, 2024 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE TRUSTEES PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT ALL MEETINGS THE BOARD REVIEWS ANY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DOCUMENTS ARE NOT PUBLICALLY AVAILABLE BUT ARE AVAILABLE TO PLAN PARTICIPANTS.
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt037768
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03601151
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IRS990/TotReportableCompRltdOrgAmt082173
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IRS990/VotingMembersGoverningBodyCnt05
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JACQUELINE POGUE LYONS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRPERSON
ReturnHeader/BusinessOfficerGrp/PhoneNum02025171477
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WASHINGTON TEACHERS UNION OPTION 2
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0VEBA TRUST
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ReturnHeader/Filer/EIN0306360227
ReturnHeader/Filer/PhoneNum02025171477
ReturnHeader/Filer/USAddress/AddressLine1Txt01239 PENNSYLVANIA AVENUE SE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07501 WISCONSIN AVENUE SUITE 1200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0WEST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIN CRANMER
ReturnHeader/ReturnTs02025-03-06T07:41:13-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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