Civic Intelligence

Business - Higher Education Forum

990 • Fiscal year 2013 • EIN 34-1986692

Oct 01, 2012 to Sep 30, 2013 • Filed on May 05, 2014

2025 M Street NW No 80020036
Siviq Scores

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

Liabilities / Assets

64th percentile

0.26x

Higher debt load relative to assets than 64% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

32nd percentile

-2.2%

Faster asset growth than 32% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$1,772,587

Up $379,366 (+27%) from 2011

Net Assets

Up

$1,313,895

Up $585,226 (+80%) from 2011

Liabilities

Down

$458,692

Down $205,860 (-31%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,903,377

Up $274,191 (+17%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,393,221Liabilities 2011: $664,552Net Assets 2011: $728,6692011Assets 2013: $1,772,587Liabilities 2013: $458,692Net Assets 2013: $1,313,8952013Assets 2016: $1,762,340Liabilities 2016: $1,221,680Net Assets 2016: $540,6602016Assets 2017: $2,026,946Liabilities 2017: $1,150,438Net Assets 2017: $876,5082017Assets 2018: $2,625,136Liabilities 2018: $1,248,114Net Assets 2018: $1,377,0222018Assets 2019: $3,043,573Liabilities 2019: $1,356,912Net Assets 2019: $1,686,6612019Assets 2020: $2,337,150Liabilities 2020: $646,924Net Assets 2020: $1,690,2262020Assets 2021: $1,952,069Liabilities 2021: $718,938Net Assets 2021: $1,233,1312021Assets 2022: $2,129,134Liabilities 2022: $665,867Net Assets 2022: $1,463,2672022Assets 2024: $1,614,580Liabilities 2024: $1,361,685Net Assets 2024: $252,8952024

Highlighted filing

2013

Assets$1,772,587
Liabilities$458,692
Net Assets$1,313,895

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,629,1862011Expenses 2013: $1,903,3772013Revenue 2016: $2,618,947Expenses 2016: $2,834,187Net Income 2016: -$215,2402016Revenue 2017: $3,556,394Expenses 2017: $3,229,994Net Income 2017: $326,4002017Revenue 2018: $3,773,901Expenses 2018: $3,269,111Net Income 2018: $504,7902018Revenue 2019: $4,017,282Expenses 2019: $3,763,843Net Income 2019: $253,4392019Revenue 2020: $3,180,611Expenses 2020: $3,220,926Net Income 2020: -$40,3152020Revenue 2021: $1,983,140Expenses 2021: $2,472,146Net Income 2021: -$489,0062021Revenue 2022: $2,813,855Expenses 2022: $2,373,221Net Income 2022: $440,6342022Revenue 2024: $1,969,422Expenses 2024: $2,716,032Net Income 2024: -$746,6102024

Highlighted filing

2013

Revenue-
Expenses$1,903,377
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2012 to Sep 30, 2013
Signed
May 5, 2014
Return Version
2012v2.1
Gross Receipts
$2,003,890
Mission and Program Overview

Mission

The business-higher education forum (bhef) is a membership organization of fortune 500 ceos, college and university presidents, and other leaders who form strategic partnerships to develop a highly-skilled future workforce. With its members, bhef creates undergraduate pathways to increase baccalaureate attainment; improve alignment between higher education and the workforce; and produce a diverse, highly-skilled talent pool to meet demand in emerging fields.

Major Activities

Activity 2
Conferencesbhef schedules semi-annual member conferences to sustain the continuing dialogue between its corporate, academic, and foundation members on issues related to the u.s. Education system. Policy-makers from state and federal governments are often invited to participate in these discussions. Academic leaders in cutting-edge educational endeavors and education foundation executives also participate at these meetings many give presentations on successful local educational efforts that may be applicable on a broader regional or national scale.
Activity 3
College readiness initiativethe college readiness, access and success initiative (cri) is a dynamic platform for business and higher education to work together to promote college readiness, access, and success for underserved populations. Cri addresses critical issues in the preschool-through-graduate school education pipeline; identifies practical solutions to local education concerns; focuses on systemic solutions and programs that support systemic change; and creates a platform for local/state member-led partnerships to develop strategic approaches, test them, and disseminate lessons learned.
Filing and Contact Details

Filer

EIN
34-1986692
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IRS990ScheduleC/Form990ScheduleCPartIV/Explanation0BHEF BRINGS TOGETHER AN EXTRAORDINARY COALITION OF CORPORATE, ACADEMIC AND FOUNDATION MEMBERS TO INFLUENCE PUBLIC POLICY AND INSPIRE OTHER CORPORATE, ACADEMIC AND FOUNDATION LEADERS TO ACT. BHEF MEMBERS ARE DRIVING CHANGE "ON THE GROUND". THEY DEVELOP, ADOPT, AND PROMOTE BEST PRACTICES AND STRATEGIC APPROACHES AMONG CORPORATE, EDUCATION AND FOUNDATION LEADERS, NATIONALLY AND LOCALLY. THEY ALSO ADVOCATE FOR POLICY CHANGES AT THE FEDERAL, STATE, AND LOCAL LEVELS IN THE FOLLOWING AREAS: PRE-SCHOOL THROUGH HIGH SCHOOL (P-12) EDUCATION TWO IMPORTANT PROCESSES ARE UNFOLDING IN WASHINGTON AND IN STATES ACROSS THE COUNTRY AS THEY RELATE TO P-12 EDUCATION: THE REAUTHORIZATION OF THE ELEMENTARY AND SECONDARY EDUCATION ACT (ESEA), AND THE DEVELOPMENT OF COMMON STATE STANDARDS. THE LATTER, AN EFFORT LED BY THE NATIONAL GOVERNORS' ASSOCIATION AND THE COUNCIL OF CHIEF STATE SCHOOL OFFICERS, WOULD REPLACE THE CURRENT PATCHWORK OF UNEVEN STATE STANDARDS. BHEF WILL WORK WITH OTHER BUSINESS GROUPS TO: ENSURE THAT REAUTHORIZATION OF ESEA RESTRUCTURES CURRENT LAW, SUCH THAT IT WILL RESULT IN MORE STUDENTS GRADUATING FROM HIGH SCHOOL COLLEGE- AND WORK-READY ENCOURAGE STATES TO ADOPT THE COMMON CORE STANDARDS' COLLEGE-READY MATH AND ENGLISH STANDARDS, DEVELOP AND ADOPT COMMON SCIENCE STANDARDS THEREAFTER, AND UTILIZE COMMON ASSESSMENTS TO MEASURE PROGRESS AGAINST THESE STANDARDS. STEM EDUCATION INSIGHTS FROM THE DEVELOPMENT OF BHEF'S U.S. STEM EDUCATION MODEL, CREATED BY RAYTHEON AND DONATED TO BHEF IN 2009, DEMONSTRATE THAT INTERVENTIONS AT KEY POINTS IN THE STEM EDUCATION PIPELINE CAN PRODUCE SIGNIFICANT INCREASES IN THE NUMBER OF STUDENTS WHO GRADUATE FROM HIGH SCHOOL INTERESTED AND PROFICIENT IN STEM. THEY ALSO INDICATE THAT INVESTMENTS IN STRENGTHENING STEM UNDERGRADUATE EDUCATION CAN YIELD HIGH AND IMMEDIATE RETURNS. CONSEQUENTLY, BHEF WILL WORK WITH ITS PARTNERS TO: PROMOTE THE HIGHEST LEVERAGE INVESTMENTS IN STEM EDUCATION THAT MAXIMIZE THE NUMBER OF STEM-CAPABLE STUDENTS AND WORKERS, INCLUDING ACTIVITIES AND POLICIES THAT INCREASE: OPPORTUNITIES FOR ALL STUDENTS TO "DO STEM" STUDENT AWARENESS AND INTEREST IN STEM RECRUITMENT, RETENTION AND RENEWAL OF HIGHLY EFFECTIVE TEACHERS UNDERGRADUATE PERSISTENCE IN STEM DISCIPLINES RAISE AWARENESS AND CHANGE PUBLIC ATTITUDES ABOUT THE IMPORTANCE OF STEM EDUCATION UNDERGRADUATE EDUCATION TROUBLING TRENDS POINT TO STAGNATING EDUCATIONAL ATTAINMENT RATES IN THE U.S. POPULATION. THE IMPACT OF CAPACITY AND FINANCING CONSTRAINTS IN HIGHER EDUCATION WILL LIKELY FURTHER CONTRIBUTE TO LOWER BACCALAUREATE ATTAINMENT BY RESTRICTING STUDENTS' ACCESS CHOICE. BHEF IS UNIQUELY POSITIONED TO: PROMOTE PROGRAMS AND POLICIES TO INCREASE ASSOCIATE AND BACCALAUREATE DEGREE ATTAINMENT IN SUPPORT OF WORKFORCE NEEDS ASSESS THE ABILITY OF AMERICAN HIGHER EDUCATION TO MAINTAIN ITS WORLD LEADERSHIP, IN LIGHT OF MAJOR CHALLENGES, INCLUDING CAPACITY AND RESOURCE CONSTRAINTS; AND EXPLORE POTENTIAL SOLUTIONS. GRADUATE EDUCATION GIVEN THE CHALLENGES FACING GRADUATE EDUCATION IN THE UNITED STATES, INCLUDING THE IMPACT OF INCREASED GLOBAL COMPETITION FOR THE BEST GRADUATE STUDENTS, ESPECIALLY IN STEM DISCIPLINES, BHEF WILL: SUPPORT INCREASED FUNDING FOR FEDERAL AGENCIES (E.G., NSF, NIH AND DOE) THAT SUPPORT GRADUATE EDUCATION, INCLUDING SUPPORT FOR R&D INFRASTRUCTURE AND FOR STUDENTS THAT CONTRIBUTE TO THE INNOVATION WORKFORCE ENSURE THAT GRADUATE EDUCATION IS RESPONDING TO CURRENT AND FUTURE NEEDS OF THE INNOVATION WORKFORCE. BASED ON REVIEW OF ITS ACTIVITIES, STAFF ESTIMATED TO THE BEST OF ITS ABILITY THE TOTAL DOLLAR AMOUNT OF STAFF LABOR AND MATERIALS ASSOCIATED WITH THE ABOVE MENTIONED ACTIVITIES.
IRS990ScheduleC/Form990ScheduleCPartIV/Identifier0EXPLANATION OF LOBBYING ACTIVITIES:
IRS990ScheduleC/Form990ScheduleCPartIV/ReturnReference0PART II-B, LINE 1:
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