Civic Intelligence

114Th Partnership Inc

990 • Fiscal year 2018 • EIN 41-2047342

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 28, 2019

6010 Executive Boulevard Suite 500Rockville, MD 20852

(240) 242-4343

Siviq Scores

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

Liabilities / Assets

87th percentile

0.33x

Higher debt load relative to assets than 87% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

7th percentile

-61%

Higher net margin than 7% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

98th percentile

$95,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 34.3% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

5th percentile

-68%

Faster asset growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

12th percentile

-41%

Faster revenue growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$72,519

Down $157,299 (-68%) from 2017

Net Assets

Down

$48,840

Down $168,326 (-78%) from 2017

Liabilities

Up

$23,679

Up $11,027 (+87%) from 2017

Revenue

Down

$277,357

Down $194,665 (-41%) from 2017

Expenses

Down

$445,683

Down $4,938 (-1.1%) from 2017

Net Income

Down

-$168,326

Down $189,727 (-887%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $531,286Liabilities 2010: $10,408Net Assets 2010: $520,8782010Assets 2011: $833,383Liabilities 2011: $65,990Net Assets 2011: $767,3932011Assets 2012: $443,662Liabilities 2012: $39,838Net Assets 2012: $403,8242012Assets 2013: $534,307Liabilities 2013: $49,221Net Assets 2013: $485,0862013Assets 2014: $483,328Liabilities 2014: $27,893Net Assets 2014: $455,4352014Assets 2015: $497,089Liabilities 2015: $30,091Net Assets 2015: $466,9982015Assets 2016: $219,468Liabilities 2016: $23,703Net Assets 2016: $195,7652016Assets 2017: $229,818Liabilities 2017: $12,652Net Assets 2017: $217,1662017Assets 2018: $72,519Liabilities 2018: $23,679Net Assets 2018: $48,8402018Assets 2019: $183,797Liabilities 2019: $20,996Net Assets 2019: $162,8012019Assets 2020: $14,003Liabilities 2020: $4,074Net Assets 2020: $9,9292020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2018

Assets$72,519
Liabilities$23,679
Net Assets$48,840

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $284,8102010Expenses 2011: $581,3432011Expenses 2012: $1,146,6312012Revenue 2013: $914,189Expenses 2013: $832,927Net Income 2013: $81,2622013Revenue 2014: $573,759Expenses 2014: $603,410Net Income 2014: -$29,6512014Revenue 2015: $635,028Expenses 2015: $623,465Net Income 2015: $11,5632015Revenue 2016: $337,229Expenses 2016: $608,461Net Income 2016: -$271,2322016Revenue 2017: $472,022Expenses 2017: $450,621Net Income 2017: $21,4012017Revenue 2018: $277,357Expenses 2018: $445,683Net Income 2018: -$168,3262018Revenue 2019: $566,518Expenses 2019: $452,558Net Income 2019: $113,9602019Revenue 2020: $123,904Expenses 2020: $276,776Net Income 2020: -$152,8722020Revenue 2021: $14Expenses 2021: $3,598Net Income 2021: -$3,5842021

Highlighted filing

2018

Revenue$277,357
Expenses$445,683
Net Income-$168,326
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 28, 2019
Return Version
2018v3.1
Gross Receipts
$277,357
Mission and Program Overview

Mission

Named for the meridian that bridges the great continental divide, the 114th partnership, inc. Is a national nonprofit helping young people navigate education and career pathways. Our goal is to connect classwork to potential careers with our programs - spark 101 stem skills videos, 114th professional chamlleges, and accelerated impact - to equip one million young people to align their education plans to personally rewarding, high-demand careers by 2020. At least half of the young people will be from traditionally underserved populations.

Named for the meridian that bridges the great continental divide, the 114th partnership, inc. (the "organization") is a national nonprofit helping young people navigate education and career pathways. Our goal is to connect classwork to potential careers with our programs - spark 101 and accelerated impact - to equip one million young people to align their education plans to personally rewarding, high-demand careers by 2020. At least half of the young people will be from traditionally underserved populations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$197,770$67,990▼ $129,780
Pledges and Grants Receivable$25,000--
Prepaid Expenses and Deferred Charges$4,318$1,799▼ $2,519
Total Assets$229,818$72,519▼ $157,299
Other Assets Total$2,730$2,730→ $0
Liabilities
Accounts Payable and Accrued Expenses$12,420$23,679▲ $11,259
Other Liabilities$232--
Total Liabilities$12,652$23,679▲ $11,027
Net Assets / Fund Balance
Temporarily Rstr Net Assets$123,598--
Unrestricted Net Assets$93,568$48,840▼ $44,728
Total Net Assets Fund Balance$217,166$48,840▼ $168,326
Total Liabilities and Net Assets / Fund Balance$229,818$72,519▼ $157,299

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$123,598--$123,598-
2017$118,658$84,940-$80,000$123,598
2016$320,440$80,000-$281,782$118,658
2015$293,589$542,750-$515,899$320,440
2014$394,504$385,000-$485,915$293,589
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Emily RogersVP, OperatioFT$95,000$95,000
Tiffany Godbout WilliamsPresidentPT$80,365$80,365

Board Members and Trustees

NameTitle
Jane KubasikChair
Tracy ParrishVice Chair
PATRICK O'REILLYAt Large
Kathy HurleySecretary
Lee PetersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$277,357
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$277,357
Change in Net Assets
$-168,326

Audited Revenue Reconciliation

Revenue per Audited Statements
$277,357
Revenue Not Reported on Form 990
$100,000
Total Revenue per Audited Statements
$377,357
Total Revenue per Form 990
$277,357
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$253,454
Other Expenses$192,229
Total Fundraising Expense$76,179
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$140,408$8,465$26,492$175,365
Other Salaries and Wages$23,804$14,870$21,431$60,105
Occupancy$32,803$2,582-$35,385
Travel$27,048-$5,067$32,115
Fees for Services Other$2,000$8,493$13,507$24,000
Payroll Taxes$12,542$1,782$3,660$17,984
Information Technology$11,795$666-$12,461
Fees for Services Accounting$1,575$3,565$5,843$10,983
Insurance$3,505--$3,505
Conferences and Meetings$1,161$1,232-$2,393
Office Expenses$1,041$28-$1,069
Other Expenses$600$321-$600
Fees for Services Legal$48$109$179$336
Total Functional Expenses$327,391$42,113$76,179$445,683

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$545,683
Expenses per Audited Statements$445,683
Total Expenses per Form 990$445,683
Expenses Not Reported on Form 990$100,000
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
Audit committee
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Shareholders nominate and approve both officers and members-at-large to the board of directors.

Form 990, Page 6, Part VI, Line 7B

The board of directors occasionally suggests changes or amendments to the organization's bylaws which must be approved by a majority before being considered final.

Form 990, Page 6, Part VI, Line 11B

A review is first completed by 114th partnerships's accountant, the president, and the treasurer. Once the review is completed, the 990 is then emailed to the board for a final review and approval prior to filing.

Form 990, Page 6, Part VI, Line 12C

Case by case, never had an issue.

Form 990, Page 6, Part VI, Line 15A

The board of directors reviews the history of the organization, budget constraints, and similar salaries at similar organizations were researched.

Form 990, Page 6, Part VI, Line 18

AVAILABLE UPON REQUEST

Form 990, Page 6, Part VI, Line 19

Anyone may submit a written request to the organization.

Filing and Contact Details

Filer

Filer Name
114th Partnership Inc
EIN
41-2047342
Phone
2402424343
Address
6010 EXECUTIVE BOULEVARD SUITE 500, ROCKVILLE, MD 20852

Signing Officer

Name
Tiffany Godbout Williams
Title
President
Phone
2402424343
Signed
2019-06-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tiffany Godbout Williams
Formed
2002
Legal Domicile
Md
Voting Board Members
5
Independent Board Members
5
Employees
6
Volunteers
15

Preparer

Firm
Saggar & Rosenberg Pc
Address
1 CHURCH ST STE 204, ROCKVILLE, MD 20850
Preparer
Richard Bockman
Phone
3017389040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Named for the meridian that bridges the great continental divide, the 114th partnership, inc. (the "organization") is a national nonprofit helping young people navigate education and career pathways. Our goal is to connect classwork to potential careers with our programs - spark 101 and accelerated impact - to equip one million young people to align their education plans to personally rewarding, high-demand careers by 2020. At least half of the young people will be from traditionally underserved populations.

Form 990, Page 2, Part III, Line 4A

Spark 101 stem skills videos equip professional educators to integrate course objectives with on-the-job tasks from high-opportunity careers. These ten-minute interactive videos, co-developed with employers, are the only free resource of their kind. Students apply academic skills to analyze, evaluate, create, and communicate their solutions to the featured employer challenges. Educators are supported with usage guides and customizable lesson plans. Spark 101 career snapshots profile a broad career field and a range of on-the-job examples from multiple employers in that field. Spark 101 snapshot videos raise awareness of high-demand careers, the types of problems professionals in these fields solve, and the education and certification pathways that develop the skills needed to succeed in those careers.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The fund represents time restricted contributions that will be used for the spark 101 program.

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IRS990/MissionDesc0NAMED FOR THE MERIDIAN THAT BRIDGES THE GREAT CONTINENTAL DIVIDE, THE 114TH PARTNERSHIP, INC. (THE "ORGANIZATION") IS A NATIONAL NONPROFIT HELPING YOUNG PEOPLE NAVIGATE EDUCATION AND CAREER PATHWAYS. OUR GOAL IS TO CONNECT CLASSWORK TO POTENTIAL CAREERS WITH OUR PROGRAMS - SPARK 101 AND ACCELERATED IMPACT - TO EQUIP ONE MILLION YOUNG PEOPLE TO ALIGN THEIR EDUCATION PLANS TO PERSONALLY REWARDING, HIGH-DEMAND CAREERS BY 2020. AT LEAST HALF OF THE YOUNG PEOPLE WILL BE FROM TRADITIONALLY UNDERSERVED POPULATIONS.
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IRS990/PrincipalOfficerNm0TIFFANY GODBOUT WILLIAMS
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IRS990/ProgSrvcAccomActy2Grp/Desc0AS OF LATE 2017, ACCELERATED IMPACT ABSORBED THE OLD "PATHWAY READY" PROGRAM. STARTING IN 2017, ACCELERATED IMPACT HELPS COMMUNITIES ENGAGE EDUCATORS AND EMPLOYERS TO MOTIVATE THEIR YOUNG PEOPLE TO PURSUE HIGH- SKILLS COURSEWORK TIED TO REGIONALLY RELEVANT HIGH-OPPORTUNITY CAREERS. SERVING AS A SPECIALIZED INTERMEDIARY, THE PROGRAM HELPS EDUCATORS, EMPLOYERS, AND OTHER ALIGNED NONPROFIT PARTNERS TO STRENGTHEN OUTCOMES IN MOTIVATION, COURSE ENROLLMENT, POST-SECONDARY CREDENTIALS, AND EMPLOYMENT.
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IRS990/PYTotalRevenueAmt0472022
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IRS990ScheduleA/PublicSupportPY170Pct00.59730
IRS990ScheduleA/PublicSupportTotal170Amt01137924
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0564125
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0385000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0293589
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0485915
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IRS990ScheduleD/RevenueNotReportedAmt0100000
IRS990ScheduleD/RevenueSubtotalAmt0277357
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FUND REPRESENTS TIME RESTRICTED CONTRIBUTIONS THAT WILL BE USED FOR THE SPARK 101 PROGRAM.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleD/TotalRevenuePerForm990Amt0277357
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0545683
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAMED FOR THE MERIDIAN THAT BRIDGES THE GREAT CONTINENTAL DIVIDE, THE 114TH PARTNERSHIP, INC. (THE "ORGANIZATION") IS A NATIONAL NONPROFIT HELPING YOUNG PEOPLE NAVIGATE EDUCATION AND CAREER PATHWAYS. OUR GOAL IS TO CONNECT CLASSWORK TO POTENTIAL CAREERS WITH OUR PROGRAMS - SPARK 101 AND ACCELERATED IMPACT - TO EQUIP ONE MILLION YOUNG PEOPLE TO ALIGN THEIR EDUCATION PLANS TO PERSONALLY REWARDING, HIGH-DEMAND CAREERS BY 2020. AT LEAST HALF OF THE YOUNG PEOPLE WILL BE FROM TRADITIONALLY UNDERSERVED POPULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SPARK 101 STEM SKILLS VIDEOS EQUIP PROFESSIONAL EDUCATORS TO INTEGRATE COURSE OBJECTIVES WITH ON-THE-JOB TASKS FROM HIGH-OPPORTUNITY CAREERS. THESE TEN-MINUTE INTERACTIVE VIDEOS, CO-DEVELOPED WITH EMPLOYERS, ARE THE ONLY FREE RESOURCE OF THEIR KIND. STUDENTS APPLY ACADEMIC SKILLS TO ANALYZE, EVALUATE, CREATE, AND COMMUNICATE THEIR SOLUTIONS TO THE FEATURED EMPLOYER CHALLENGES. EDUCATORS ARE SUPPORTED WITH USAGE GUIDES AND CUSTOMIZABLE LESSON PLANS. SPARK 101 CAREER SNAPSHOTS PROFILE A BROAD CAREER FIELD AND A RANGE OF ON-THE-JOB EXAMPLES FROM MULTIPLE EMPLOYERS IN THAT FIELD. SPARK 101 SNAPSHOT VIDEOS RAISE AWARENESS OF HIGH-DEMAND CAREERS, THE TYPES OF PROBLEMS PROFESSIONALS IN THESE FIELDS SOLVE, AND THE EDUCATION AND CERTIFICATION PATHWAYS THAT DEVELOP THE SKILLS NEEDED TO SUCCEED IN THOSE CAREERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SHAREHOLDERS NOMINATE AND APPROVE BOTH OFFICERS AND MEMBERS-AT-LARGE TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS OCCASIONALLY SUGGESTS CHANGES OR AMENDMENTS TO THE ORGANIZATION'S BYLAWS WHICH MUST BE APPROVED BY A MAJORITY BEFORE BEING CONSIDERED FINAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A REVIEW IS FIRST COMPLETED BY 114TH PARTNERSHIPS'S ACCOUNTANT, THE PRESIDENT, AND THE TREASURER. ONCE THE REVIEW IS COMPLETED, THE 990 IS THEN EMAILED TO THE BOARD FOR A FINAL REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CASE BY CASE, NEVER HAD AN ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS REVIEWS THE HISTORY OF THE ORGANIZATION, BUDGET CONSTRAINTS, AND SIMILAR SALARIES AT SIMILAR ORGANIZATIONS WERE RESEARCHED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ANYONE MAY SUBMIT A WRITTEN REQUEST TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TravelGrp/ProgramServicesAmt027048
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ReturnHeader/BusinessOfficerGrp/PersonNm0TIFFANY GODBOUT WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02402424343
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0114TH PARTNERSHIP INC
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ReturnHeader/ReturnTs02019-07-17T08:40:46-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.12$0.28$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.02$0.16$0.57$0.45$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.07$0.02$0.05$0.28$0.45$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.01$0.22$0.47$0.45$0.02
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.02$0.20$0.34$0.61$0.27
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.03$0.47$0.64$0.62$0.01
2014Summary only. Only limited summary data is available for this year.$0.48$0.03$0.46$0.57$0.60$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.53$0.05$0.49$0.91$0.83$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.04$0.40$1.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.07$0.77$0.58
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.01$0.52$0.28