Civic Intelligence

Education Industry Association Inc

990 • Fiscal year 2011 • EIN 39-1754449

Jan 01, 2011 to Dec 31, 2011 • Filed on Oct 22, 2012

3918 Batton Hollow Road22182
Siviq Scores

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

Liabilities / Assets

49th percentile

0.11x

Higher debt load relative to assets than 49% of similar nonprofits.

2011 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

88th percentile

33%

Faster asset growth than 88% of similar nonprofits.

2011 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$262,188

Up $64,545 (+33%) from 2010

Net Assets

Up

$233,942

Up $56,407 (+32%) from 2010

Liabilities

Up

$28,246

Up $8,138 (+40%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$602,875

Down $160,368 (-21%) from 2010

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.

$300K$200K$100K$0Assets 2010: $197,643Liabilities 2010: $20,108Net Assets 2010: $177,5352010Assets 2011: $262,188Liabilities 2011: $28,246Net Assets 2011: $233,9422011Assets 2012: $189,041Liabilities 2012: $3,726Net Assets 2012: $185,3152012Assets 2013: $237,889Liabilities 2013: $18,019Net Assets 2013: $219,8702013Assets 2014: $110,126Liabilities 2014: $25,729Net Assets 2014: $84,3972014Assets 2015: $23,949Liabilities 2015: $18,729Net Assets 2015: $5,2202015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2011

Assets$262,188
Liabilities$28,246
Net Assets$233,942

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $763,2432010Expenses 2011: $602,8752011Expenses 2012: $488,7142012Revenue 2013: $453,547Expenses 2013: $418,994Net Income 2013: $34,5532013Revenue 2014: $304,814Expenses 2014: $440,557Net Income 2014: -$135,7432014Revenue 2015: $129,099Expenses 2015: $165,261Net Income 2015: -$36,1622015Revenue 2016: $16,382Expenses 2016: $38,093Net Income 2016: -$21,7112016

Highlighted filing

2011

Revenue-
Expenses$602,875
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Oct 22, 2012
Return Version
2011v1.2
Gross Receipts
$659,282
Mission and Program Overview

Mission

Eia serves as the leading voice for education entrepreneurs, advocating for the interests of businesses in the pre k-12 market and serving as the knowledge center which integrates best practices and research that raise student achievement through innovation and improvement strategies.

Major Activities

Activity 2
Edventure annual conference - entrepreneurial success relies on a keen awareness of industry trends, agility to identify opportunities that create and sustain business growth, and vested leadership from industry experts. It is precisely this leadership that is perhaps the hallmark of the education industry association and the edventures conference.
Activity 3
Education industry days - eias annual gathering for education entrepreneurs allows attendees to meet the decision-makers from the administration and the congress that shape the policies affecting pre-k thru 12 grade education market.
Filing and Contact Details

Filer

EIN
39-1754449
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IRS990/Activity2/Description0EDVENTURE ANNUAL CONFERENCE - ENTREPRENEURIAL SUCCESS RELIES ON A KEEN AWARENESS OF INDUSTRY TRENDS, AGILITY TO IDENTIFY OPPORTUNITIES THAT CREATE AND SUSTAIN BUSINESS GROWTH, AND VESTED LEADERSHIP FROM INDUSTRY EXPERTS. IT IS PRECISELY THIS LEADERSHIP THAT IS PERHAPS THE HALLMARK OF THE EDUCATION INDUSTRY ASSOCIATION AND THE EDVENTURES CONFERENCE.
IRS990/Activity3/Description0EDUCATION INDUSTRY DAYS - EIAS ANNUAL GATHERING FOR EDUCATION ENTREPRENEURS ALLOWS ATTENDEES TO MEET THE DECISION-MAKERS FROM THE ADMINISTRATION AND THE CONGRESS THAT SHAPE THE POLICIES AFFECTING PRE-K THRU 12 GRADE EDUCATION MARKET.
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IRS990/Description0SES COALITION HAS LED THE NATIONAL MOVEMENT FOR ETHICS AMONG SERVICE PROVIDERS, NOW ADOPTED BY OVER 22 STATES. IN ADDITION, THE COALITION HAS REPRESENTED PROVIDERS THROUGH REGULATORY REFORMS IN IL, FL, CA, NM, OH AND GA. THE COALITION REGULARLY INTERVENES WITH STATES AND LOCAL SCHOOL DISTRICTS TO ENSURE FAIR-PLAY FOR PROVIDERS. IN ADDITION, THE COALITION HAS WORKED CLOSELY WITH THE US DEPARTMENT OF EDUCATION TO DEVELOP NEW REGULATIONS ON SES AND TO ENHANCE ITS NON-REGULATORY GUIDANCE. EIA AND ITS MEMBERS HAVE TESTIFIED BEFORE CONGRESS AND HAVE CLOSE WORKING RELATIONSHIPS WITH MAJORITY AND MINORITY CONGRESSIONAL OFFICES. THE COALITION, THROUGH THE MEDIA, REGULARLY PROMOTES THE SUCCESS STORIES OF PROVIDERS IN HELPING TO CLOSE THE ACHIEVEMENT GAP OF HARD TO SERVE CHILDREN.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0EIA QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. THE FEDERAL INFORMATION TAX RETURNS FOR 2011, 2010, AND 2009 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THE RETURNS ARE FILED. THE STATE INFORMATION TAX RETURNS FOR 2011, 2010, 2009, AND 2008 ARE SUBJECT TO EXAMINATION BY THE DEPARTMENTS, GENERALLY FOR FOUR YEARS AFTER THE RETURNS ARE FILED.
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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0STEVE PINES IS PAID $350 PER MONTH FOR USING HIS HOME AS THE HEADQUARTERS. PER HIS EMPLOYMENT AGREEMENT, "RENT PAID DIRECTLY TO EXECUTIVE AS RENT FOR USE OF EXECUTIVE'S HOME AS AN OFFICE FOR THE BENEFIT OF THE EMPLOYER. PAID MONTHLY TO EXECUTIVE AS A DIRECT PAYMENT AND NOT SUBJECT TO EMPLOYMENT TAXES."
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IRS990ScheduleO/GeneralExplanation/Explanation0PRIVATE VENTURES FOR THE PUBLIC GOOD CAMPAIGN: THE EDUCATION INDUSTRY ASSOCIATION, TOGETHER WITH THE EDUCATION INDUSTRY FOUNDATION, IS COMMITTED TO CARRYING OUT A LONG-TERM, COMPREHENSIVE ADVOCACY, RESEARCH AND COMMUNICATIONS CAMPAIGN WHICH WE HOPE WILL CREATE A MORE OPEN MARKET IN WHICH THE PRIVATE SECTOR MAY COMPETE FAIRLY IN PROVIDING SOLUTIONS TO TEACHING AND LEARNING IN PREK-12 EDUCATION. OUR INTENT IS TO ENSURE FAMILIES AND STUDENTS WILL HAVE REAL OPTIONS IN SELECTING FROM AMONG DIVERSE PROVIDERS OF HIGH-QUALITY SERVICES AND PRODUCTS AND TO MUTE THE "FOR-PROFIT" MONIKER THAT ROUTINELY PRECEDES DESCRIPTIONS OF EDUCATION COMPANIES AND CONSUMERS OF PUBLICALLY FUNDED EDUCATION SERVICES.
IRS990ScheduleO/GeneralExplanation/Explanation1THERE ARE TWO CLASSES OF VOTING MEMBERS KNOWN AS "GOVERNING MEMBERS." A GOVERNING MEMBER SHALL BE A PROFESSIONAL EDUCATOR IN PRIVATE PRACTICE WHO DEMONSTRATES HIS OR HER INVOLVEMENT IN A PRIVATE PRACTICE SUCH AS, BUT NOT LIMITED TO, OWNERSHIP OR EMPLOYMENT IN PRIVATE PRACTICE. (A) INDIVIDUAL GOVERNING MEMBER - EACH INDIVIDUAL GOVERNING MEMBER SHALL BE ENTITLED TO ONE VOTE, TO HOLD OFFICE IN THE ASSOCIATION, AND RECEIVE THE BENEFITS OF MEMBERS AND SERVE THE ASSOCIATION IN VARIOUS CAPACITIES AS DETERMINED BY THE ASSOCIATION'S BOARD OF DIRECTORS. (B) CORPORATE/INSTITUTIONAL GOVERNING MEMBER - CORPORATE/INSTITUTIONAL MEMBERS ARE ENTITLED TO DESIGNATE ONE INDIVIDUAL AS A VOTING MEMBER. ONLY ONE MEMBER OF A CORPORATE/INSTITUTIONAL MEMBER MAY HOLD OFFICE IN THE ASSOCIATION AT ANY ONE TIME. CORPORATE/INSTITUTIONAL GOVERNING MEMBERS ARE ENTITLED TO SERVE THE ASSOCIATION IN VARIOUS CAPACITIES AS DETERMINED BY THE ASSOCIATION'S BOARD OF DIRECTORS. REGULAR MEMBER - THERE SHALL BE TWO CLASSES OF NON-VOTING MEMBERS KNOWN AS "REGULAR MEMBERS." A REGULAR MEMBER IS AN INDIVIDUAL OR CORPORATION WHO SUPPORTS THE PURPOSE, GOALS AND OBJECTIVES OF THE ASSOCIATION. (A) REGULAR MEMBERS - INDIVIDUAL - AN INDIVIDUAL REGULAR MEMBER MAY PARTICIPATE IN ASSOCIATION ACTIVITIES, RECEIVE THE BENEFITS OF MEMBERS, AND SERVE THE ASSOCIATION IN VARIOUS CAPACITIES AS DETERMINED BY THE ASSOCIATION'S BOARD OF DIRECTORS. (B) CORPORATE/INSTITUTIONAL REGULAR MEMBER - A CORPORATE/INSTITUTIONAL REGULAR MEMBER MAY PARTICIPATE IN ASSOCIATION ACTIVITIES, RECEIVE THE BENEFITS OF MEMBERS AND SERVE THE ASSOCIATION IN VARIOUS CAPACITIES AS DETERMINED BY THE ASSOCIATION'S BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation2PERSONS QUALIFIED TO BE ELECTED AS DIRECTORS OF HE ASSOCIATION SHALL BE NOMINATED AND ELECTED AS FOLLOWS: - THE INITIAL BOARD OF DIRECTORS SHALL DETERMINE A ROTATION SCHEDULE WHICH PROVIDES FOR ONE-THIRD OF THE MEMBERSHIP OF THE BOARD TO BE ELECTED EACH YEAR. - NO DIRECTOR SHALL SERVE MORE THAN THREE CONSECUTIVE THREE-YEAR TERMS. ANY TERM OF SERVICE, AS A DIRECTOR, FOR A PERIOD OF LESS THAN THREE YEARS SHALL NOT BE COUNTED AS A CONSECUTIVE THREE-YEAR TERM FOR PURPOSES OF THIS LIMITATION. - A NOMINATIONS COMMITTEE APPOINTED BY THE BOARD OF DIRECTORS SHALL ANNUALLY SELECT ONE OR MORE NOMINEES FOR EACH BOARD OF DIRECTOR POSITION TO BE ELECTED THAT YEAR. THE BOARD OF DIRECTORS OR ITS DESIGNEE SHALL GIVE WRITTEN NOTICE TO EACH GOVERNING MEMBER, PRIOR TO NOVEMBER 1, OF THE UPCOMING ELECTION, WITH INFORMATION ON EACH NOMINEE, A BALLOT WHICH IDENTIFIES THE NOMINEE(S) AND INCLUDES PROVISION FOR WRITE-IN CANDIDATES, AND INSTRUCTIONS ON VOTING. BALLOTS COMPLETED AND RETURNED TO THE ASSOCIATION OFFICES BY NOVEMBER 20 SHALL BE COUNTED IN THE VOTE FOR EACH DIRECTOR. THE PERSON WHO RECEIVES THE HIGHEST NUMBER OF VOTES CAST FOR EACH DIRECTOR POSITION SHALL BE ELECTED.
IRS990ScheduleO/GeneralExplanation/Explanation3THE EXECUTIVE COMMITTEE REVIEWS THE IRS FORM 990 PRIOR TO ITS ISSUANCE.
IRS990ScheduleO/GeneralExplanation/Explanation4THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/GeneralExplanation/Explanation5THE ORGANIZATION'S DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation6THE FINANCIAL STATEMENTS HAVE BEEN PREPARED ON THE MODIFIED CASH BASIS OF ACCOUNTING. ACCORDINGLY, REVENUES AND EXPENSES ARE RECOGNIZED ONLY AS CASH IS RECEIVED OR DISBURSED. RECEIVABLES, PREPAID EXPENSES, ACCRUED EXPENSES, AND ACCOUNTS PAYABLE ARE NOT REFLECTED IN THE COMBINED FINANCIAL STATEMENTS EXCEPT FOR ACCRUALS RELATED TO PAYROLL AND BENEFITS.
IRS990ScheduleO/GeneralExplanation/Explanation7THE AUDIT OVERSIGHT PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/Identifier0NEW PROGRAM SERVICES
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART III, LINE 2
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART XII, LINE 1
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, PART XII, LINE 2C
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