Civic Intelligence

Esteam Foundation Inc DBA Venturelab

990 • Fiscal year 2015 • EIN 46-2437997

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 13, 2016

112 E Pecan St Ste 175San Antonio, TX 78205

(210) 775-2370

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Higher debt load relative to assets than 25% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

Higher debt load relative to revenue than 25% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

58th percentile

6.3%

Higher net margin than 58% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

90th percentile

$108,635

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 13.1% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

88th percentile

43%

Faster asset growth than 88% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

79th percentile

28%

Faster revenue growth than 79% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$173,834

Up $52,516 (+43%) from 2014

Net Assets

Up

$173,833

Up $52,515 (+43%) from 2014

Liabilities

Up

$1

Up $1 from 2014

Revenue

Up

$831,399

Up $180,309 (+28%) from 2014

Expenses

Up

$778,884

Up $231,806 (+42%) from 2014

Net Income

Down

$52,515

Down $51,497 (-50%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $17,306Net Assets 2013: $17,3062013Assets 2014: $121,318Liabilities 2014: $0Net Assets 2014: $121,3182014Assets 2015: $173,834Liabilities 2015: $1Net Assets 2015: $173,8332015Assets 2016: $229,157Liabilities 2016: $1Net Assets 2016: $229,1562016Assets 2017: $441,232Liabilities 2017: $1Net Assets 2017: $441,2312017Assets 2018: $503,357Liabilities 2018: $1Net Assets 2018: $503,3562018Assets 2019: $134,066Liabilities 2019: $0Net Assets 2019: $134,0662019Assets 2020: $432,013Liabilities 2020: $55,647Net Assets 2020: $376,3662020Assets 2021: $604,860Liabilities 2021: $0Net Assets 2021: $604,8602021Assets 2022: $366,234Liabilities 2022: $19,251Net Assets 2022: $346,9832022Assets 2023: $568,333Liabilities 2023: $76,951Net Assets 2023: $491,3822023Assets 2024: $609,057Liabilities 2024: $109,188Net Assets 2024: $499,8692024

Highlighted filing

2015

Assets$173,834
Liabilities$1
Net Assets$173,833

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $171,390Expenses 2013: $154,084Net Income 2013: $17,3062013Revenue 2014: $651,090Expenses 2014: $547,078Net Income 2014: $104,0122014Revenue 2015: $831,399Expenses 2015: $778,884Net Income 2015: $52,5152015Revenue 2016: $895,015Expenses 2016: $839,692Net Income 2016: $55,3232016Revenue 2017: $888,167Expenses 2017: $676,092Net Income 2017: $212,0752017Revenue 2018: $599,321Expenses 2018: $537,196Net Income 2018: $62,1252018Revenue 2019: $129,693Expenses 2019: $498,983Net Income 2019: -$369,2902019Revenue 2020: $778,619Expenses 2020: $536,319Net Income 2020: $242,3002020Revenue 2021: $873,629Expenses 2021: $645,135Net Income 2021: $228,4942021Revenue 2022: $539,524Expenses 2022: $823,315Net Income 2022: -$283,7912022Revenue 2023: $1,000,296Expenses 2023: $948,544Net Income 2023: $51,7522023Revenue 2024: $1,051,025Expenses 2024: $1,042,538Net Income 2024: $8,4872024

Highlighted filing

2015

Revenue$831,399
Expenses$778,884
Net Income$52,515
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 13, 2016
Return Version
2015v2.0
Gross Receipts
$831,399
Mission and Program Overview

Mission

To create the next generation of innovators and changemakers by making world-class entrepreneurship education accessible to kids all around the world through entrepreneurial programs and curriculum and empowering anyone to be a champion for entrepreneurial learning through training.

Operated exclusively to provide a hands-on learning and innovation academy that inspires young people to succeed in technical, creative, and entrepreneurial fields.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$121,318$173,833▲ $52,515
Cash and Non-Interest-Bearing Accounts$81,234$95,717▲ $14,483
Land, Buildings, and Equipment, Net$33,174$39,300▲ $6,126
Intangible Assets-$31,907-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$121,318$173,834▲ $52,516
Other Assets Total$6,910$6,910→ $0
Liabilities
Other Liabilities-$1-
Total Liabilities$0$1▲ $1
Net Assets / Fund Balance
Total Net Assets Fund Balance$121,318$173,833▲ $52,515
Total Liabilities and Net Assets / Fund Balance$121,318$173,834▲ $52,516

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$39,300$10,979$50,279
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Razil OwenPresidentFT$108,635-$108,635
Claudette GuerreroVP of Business DevelopmentFT$64,904-$64,904
Nicholas HoneggerDirector of InnovationFT$57,116$1,622$58,738
Hetali LodayaCommunity & Communications ManagerFT$39,462-$39,462
Zerique MontgomeryDirector of CurriculumFT$35,071-$35,071
Tracie MendozaSales ManagerFT$22,212-$22,212
Cristal GlangchaiCEOFT$10,000$2,954$12,954

Board Members and Trustees

NameTitle
Patrick CondonVice President
Monica GarciaSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$719,000
Program Service Revenue
$111,740
Investment Income
$16
Other Revenue
$643
All Other Contributions
$719,000
Change in Net Assets
$52,515
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$454,597
Other Expenses$324,287
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$255,266$85,088-$340,354
Fees for Services Management$77,483$9,813-$87,296
Other Salaries and Wages$55,727$18,575-$74,302
Advertising$42,701$14,233-$56,934
Occupancy-$48,965-$48,965
Fees for Services Other$41,694$684-$42,378
Payroll Taxes$20,522$6,841-$27,363
Depreciation Depletion$10,562$3,520-$14,082
Other Employee Benefits$9,434$3,144-$12,578
Conferences and Meetings-$10,639-$10,639
Fees for Services Accounting-$9,000-$9,000
Travel-$8,689-$8,689
Insurance-$5,293-$5,293
Fees for Services Legal-$5,168-$5,168
Other Expenses$1,421$473-$1,894
All Other Expenses$729$737-$1,466
Office Expenses-$1,211-$1,211
Total Functional Expenses$536,727$242,157$0$778,884
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Patrick Condon and Cristal Glangchai are married.

Form 990, Part VI, Line 11B: Form 990 Review Process

The filed Form 990 is approved by the President before filing and reviewed at a board of director's meeting of the Foundation after the filing due date.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Members of the board of director's disclose possible conflicts and exclude themselves from any discussions and obstain from any voting that may be preceived to have any appearance of conflict

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Governing documents and policies as well as annual financial statements are available upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents and policies as well as annual financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
ESTEAM Foundation Inc
EIN
46-2437997
Address
112 E Pecan St Ste 175, San Antonio, TX 78205

Signing Officer

Name
Cristal Glangchai
Title
CEO
Signed
2016-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cristal Glangchai
Formed
2013
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
2
Employees
13

Preparer

Firm
Irwine Pruitt Associates Pllc
Address
10 Hill View Lane, BOERNE, TX 78006-7002
Preparer
Ty Pruitt CPA
Phone
2107752370
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IRS990/OtherExpensesGrp/ProgramServicesAmt21421
IRS990/OtherExpensesGrp/TotalAmt013085
IRS990/OtherExpensesGrp/TotalAmt110510
IRS990/OtherExpensesGrp/TotalAmt27677
IRS990/OtherExpensesGrp/TotalAmt31894
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/EOYAmt01
IRS990/OtherRevenueMiscGrp/BusinessCd0453220
IRS990/OtherRevenueMiscGrp/BusinessCd1611710
IRS990/OtherRevenueMiscGrp/Desc0Merchandise Sales
IRS990/OtherRevenueMiscGrp/Desc1Presentation Income
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0347
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1296
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0347
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt1296
IRS990/OtherRevenueTotalAmt0643
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018575
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt055727
IRS990/OtherSalariesAndWagesGrp/TotalAmt074302
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06841
IRS990/PayrollTaxesGrp/ProgramServicesAmt020522
IRS990/PayrollTaxesGrp/TotalAmt027363
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Cristal Glangchai
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0VentureLab Camps
IRS990/ProgramServiceRevenueGrp/Desc1VentureLab Curriculum
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt096843
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt114897
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt096843
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt114897
IRS990/ProgSrvcAccomActy2Grp/Desc0VentureLab CampIntroduce students to entrepreneurship skills through specific technology topics such as video game design, maker skills, and more. Students learn what it means to extend their interests and passions outside the classroom as they solve real world problems.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0102169
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt096843
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0586240
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt061
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0333764
IRS990/PYOtherRevenueAmt0640
IRS990/PYProgramServiceRevenueAmt064149
IRS990/PYRevenuesLessExpensesAmt0104012
IRS990/PYSalariesCompEmpBnftPaidAmt0213314
IRS990/PYTotalExpensesAmt0547078
IRS990/PYTotalRevenueAmt0651090
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt052515
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt014897
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0121318
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0173833
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0719000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0586240
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0150000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01455240
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt061
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt087
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt011740
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt064149
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt021380
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt097269
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0643
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0640
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt01283
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt087
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt01553792
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0731383
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0651029
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0171380
IRS990ScheduleA/Total509Grp/TotalAmt01553792
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0731399
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0651090
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0171390
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01553879
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt039300
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010979
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt050279
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt039300
IRS990ScheduleD/TotalLiabilityAmt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Patrick Condon and Cristal Glangchai are married.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The filed Form 990 is approved by the President before filing and reviewed at a board of director's meeting of the Foundation after the filing due date.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members of the board of director's disclose possible conflicts and exclude themselves from any discussions and obstain from any voting that may be preceived to have any appearance of conflict
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents and policies as well as annual financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents and policies as well as annual financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

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