Civic Intelligence

Esteam Foundation Inc DBA Venturelab

990 • Fiscal year 2016 • EIN 46-2437997

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 12, 2017

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

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

Higher debt load relative to revenue than 26% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

59th percentile

6.2%

Higher net margin than 59% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

83rd percentile

$82,885

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

85th percentile

32%

Faster asset growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

59th percentile

7.7%

Faster revenue growth than 59% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$229,157

Up $55,323 (+32%) from 2015

Net Assets

Up

$229,156

Up $55,323 (+32%) from 2015

Liabilities

Flat

$1

Flat from 2015

Revenue

Up

$895,015

Up $63,616 (+7.7%) from 2015

Expenses

Up

$839,692

Up $60,808 (+7.8%) from 2015

Net Income

Up

$55,323

Up $2,808 (+5.3%) from 2015

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

2016

Assets$229,157
Liabilities$1
Net Assets$229,156

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

2016

Revenue$895,015
Expenses$839,692
Net Income$55,323
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 12, 2017
Return Version
2016v3.0
Gross Receipts
$895,015
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$173,833$229,156▲ $55,323
Cash and Non-Interest-Bearing Accounts$95,717$142,025▲ $46,308
Intangible Assets$31,907$49,159▲ $17,252
Land, Buildings, and Equipment, Net$39,300$31,063▼ $8,237
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$173,834$229,157▲ $55,323
Other Assets Total$6,910$6,910→ $0
Liabilities
Other Liabilities$1$1→ $0
Total Liabilities$1$1→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$173,833$229,156▲ $55,323
Total Liabilities and Net Assets / Fund Balance$173,834$229,157▲ $55,323

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$31,063$19,863$50,926
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Claudette GuerreroVP of Business DevelopmentFT$82,885-$82,885
Nicholas HoneggerDirector of InnovationFT$58,654$2,396$61,050
Jason TaylorCOOFT$42,500$478$42,978
Tracie MendozaSales ManagerFT$41,117-$41,117
Zerique ZapataDirector of CurriculumFT$39,731-$39,731
Hetali LodayaCommunity & Communications ManagerFT$24,225-$24,225
Cristal GlangchaiPresident & CEOFT$10,000$9,299$19,299
Leslie ColesProgram ManagerFT$19,250-$19,250
Laura LopezCommunications & Community ManagerFT$14,250$518$14,768
Meredith JonesCamp LeaderFT$12,552-$12,552

Board Members and Trustees

NameTitle
Patrick CondonVice President
Monica GarciaSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$758,000
Program Service Revenue
$136,235
Investment Income
$0
Other Revenue
$780
All Other Contributions
$758,000
Change in Net Assets
$55,323
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$443,109
Other Expenses$396,583
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$258,875$86,289-$345,164
Fees for Services Other$145,098$4,496-$149,594
Advertising$50,375$16,791-$67,166
Other Salaries and Wages$40,076$13,359-$53,435
Occupancy-$48,633-$48,633
Payroll Taxes$23,262$7,754-$31,016
Depreciation Depletion$20,738$6,912-$27,650
Travel-$22,152-$22,152
Fees for Services Legal$12,664$4,221-$16,885
Other Employee Benefits$10,121$3,373-$13,494
All Other Expenses$5,326$1,455-$6,781
Fees for Services Accounting-$6,600-$6,600
Insurance-$6,071-$6,071
Office Expenses-$4,259-$4,259
Conferences and Meetings-$3,710-$3,710
Other Expenses$14,498$2,895-$2,895
Total Functional Expenses$581,033$258,659$0$839,692
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
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
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
2017-08-12
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/Desc0VentureLab CampApplication of the VentureLab curriculum in a camp-based program, which introduces students to entrepreneurship and Science, Technology, Engineering and Math (STEM)-based skills. Students learn to incorporate an entrepreneurial mindset into their their interests and passions outside of the traditional classroom.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director of Innovation
IRS990/Form990PartVIISectionAGrp/TitleTxt4Community & Communications Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP of Business Development
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