The Center for Reimagining Learning Inc

“For fiscal year 2021, the following current officers/directors of the center for reimagining learning, inc. Were employed by mit, of which glen shor was a director: martin schmidt and sanjay sarma. For fiscal year 2021, the following current officers/directors of the center for reimagining learning, inc. Were employed by harvard, of which katherine lapp was an officer and director: bharat anand, jeff bussgang, and alan garber.”

“The center for reimagining learning, inc. Has a compensation committee that reviews the salaries of the president, key employees and other officers. The compensation review process includes industry benchmarking with both academic and technology salaries in the local area of cambridge, ma.”

“The sole members of the organization are the president and fellows of harvard college (harvard) and the massachusetts institute of technology (mit).”

“As set forth in the bylaws, the center for reimagining learning, inc.'s governing body (board of trustees) is composed of an equal number of persons appointed by its two members, harvard and mit (in addition to the center for reimagining learning, inc. Ceo who serves as an ex-officio member of the board).”

“As set forth in the bylaws, the following powers are reserved to the members: (i) determination of the size of the board of trustees; (ii) election, suspension, or removal of the president and, if different, the chief executive officer; and (iii) determination of whether a third party's educational or informational content will be made accessible through the organization.”

“Members of the center for reimagining learning, inc.'s senior management review the form 990. Following that review and before the form 990 is filed, the center for reimagining learning, inc.'s audit committee is provided the form for review, comment, and approval.”

“The questionnaire and policies require that covered individuals annually acknowledge in writing that they are aware of the policy and identify any relationships or responsibilities that have the potential of producing conflicts of interest. Each year, disclosure forms are distributed to those covered by these policies. If a response reveals a conflict or potential conflict, such conflict is referred to the appropriate individual or body for consideration and management.”

“The center for reimagining learning, inc.'s governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“ALL OTHER REVENUE - Total Revenue: 38117, Related or Exempt Function Revenue: 38117, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“The organization receives generous donations to support the mission and actively engages in fundraising.”

“ENGINEERING - Total Expense: 8222567, Program Service Expense: 6378300, Management and General Expenses: 1844267, Fundraising Expenses: ; MARKETING & BUSINESS DEVELOPMENT - Total Expense: 6700340, Program Service Expense: 5197498, Management and General Expenses: 1502842, Fundraising Expenses: ; HOSTING - Total Expense: 2793328, Program Service Expense: 2166803, Management and General Expenses: 626525, Fundraising Expenses: ; EDUCATIONAL SUPPORT SERVICES - Total Expense: 1230400, Program Service Expense: 954429, Management and General Expenses: 275971, Fundraising Expenses: ; OTHER - Total Expense: 815187, Program Service Expense: 632346, Management and General Expenses: 182841, Fundraising Expenses: ; TEMPORARY HELP - Total Expense: 723756, Program Service Expense: 561422, Management and General Expenses: 162334, Fundraising Expenses: ; RECRUITING - Total Expense: 226351, Program Service Expense: 175582, Management and General Expenses: 50769, Fundraising Expenses: ;”

“In fiscal year 2021, the center for reimagining learning, inc. Adopted accounting standards update ("asu") no. 2014-09, revenue from contracts with customers (topic 606) and asu 2016-02, leases. The center for reimagining learning, inc. Has applied the guidance using the cumulative transition approach effective july 1, 2019. These adoptions were made retrospectively and our financial statements now reflect these changes.”

“The center for reimagining learning, inc. Was formerly known as edx inc.”