Civic Intelligence

Illustrative Mathematics

990 • Fiscal year 2015 • EIN 46-3513958

Jul 01, 2014 to Jun 30, 2015 • Filed on Apr 06, 2016

PO Box 69822Oro Valley, AZ 85737

(520) 440-1729

Siviq Scores

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

Liabilities / Assets

71st percentile

0.35x

Higher debt load relative to assets than 71% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

57th percentile

0.15x

Higher debt load relative to revenue than 57% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

14th percentile

-21%

Higher net margin than 14% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

84th percentile

$150,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

98th percentile

208%

Faster asset growth than 98% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

98th percentile

309%

Faster revenue growth than 98% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$806,508

Up $544,731 (+208%) from 2014

Net Assets

Up

$526,284

Up $273,635 (+108%) from 2014

Liabilities

Up

$280,224

Up $271,096 (+2970%) from 2014

Revenue

Up

$1,847,515

Up $1,396,317 (+309%) from 2014

Expenses

Up

$2,235,602

Up $2,037,053 (+1026%) from 2014

Net Income

Down

-$388,087

Down $640,736 (-254%) from 2014

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2014: $261,777Liabilities 2014: $9,128Net Assets 2014: $252,6492014Assets 2015: $806,508Liabilities 2015: $280,224Net Assets 2015: $526,2842015Assets 2016: $1,708,481Liabilities 2016: $530,815Net Assets 2016: $1,177,6662016Assets 2017: $1,940,885Liabilities 2017: $256,262Net Assets 2017: $1,684,6232017Assets 2018: $3,132,397Liabilities 2018: $950,225Net Assets 2018: $2,182,1722018Assets 2019: $2,353,593Liabilities 2019: $344,658Net Assets 2019: $2,008,9352019Assets 2020: $3,352,998Liabilities 2020: $661,650Net Assets 2020: $2,691,3482020Assets 2021: $5,801,016Liabilities 2021: $1,264,224Net Assets 2021: $4,536,7922021Assets 2022: $13,760,014Liabilities 2022: $1,960,765Net Assets 2022: $11,799,2492022Assets 2023: $12,653,315Liabilities 2023: $2,247,183Net Assets 2023: $10,406,1322023Assets 2024: $11,662,373Liabilities 2024: $3,037,973Net Assets 2024: $8,624,4002024

Highlighted filing

2015

Assets$806,508
Liabilities$280,224
Net Assets$526,284

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2014: $451,198Expenses 2014: $198,549Net Income 2014: $252,6492014Revenue 2015: $1,847,515Expenses 2015: $2,235,602Net Income 2015: -$388,0872015Revenue 2016: $2,963,812Expenses 2016: $2,312,430Net Income 2016: $651,3822016Revenue 2017: $4,737,485Expenses 2017: $4,230,528Net Income 2017: $506,9572017Revenue 2018: $6,212,428Expenses 2018: $5,714,879Net Income 2018: $497,5492018Revenue 2019: $8,346,929Expenses 2019: $9,092,924Net Income 2019: -$745,9952019Revenue 2020: $10,171,672Expenses 2020: $9,489,259Net Income 2020: $682,4132020Revenue 2021: $11,729,780Expenses 2021: $9,884,336Net Income 2021: $1,845,4442021Revenue 2022: $21,282,852Expenses 2022: $14,020,395Net Income 2022: $7,262,4572022Revenue 2023: $16,882,710Expenses 2023: $18,275,827Net Income 2023: -$1,393,1172023Revenue 2024: $18,776,208Expenses 2024: $20,557,940Net Income 2024: -$1,781,7322024

Highlighted filing

2015

Revenue$1,847,515
Expenses$2,235,602
Net Income-$388,087
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Apr 6, 2016
Return Version
2014v6.0
Gross Receipts
$1,871,677
Mission and Program Overview

Mission

At illustrative mathematics we are committed to creating a world where learners know, use, and enjoy mathematics. We craft and deliver high-quality educational resources for teachers and students by developing great people who work in spirited (continued on sch o) teams to do extraordinary things.

Illustrative Mathematics is a discerning community of educators dedicated to the coherent learning of mathematics. We provide expert guidance to states and districts working to improve mathematics education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$150$424,081▲ $423,931
Savings and Temporary Cash Investments-$300,526-
Cash and Non-Interest-Bearing Accounts$261,627$71,489▼ $190,138
Prepaid Expenses and Deferred Charges-$10,412-
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$261,777$806,508▲ $544,731
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$9,128$280,224▲ $271,096
Total Liabilities$9,128$280,224▲ $271,096
Net Assets / Fund Balance
Unrestricted Net Assets$170,649$523,332▲ $352,683
Temporarily Rstr Net Assets$82,000$2,952▼ $79,048
Total Net Assets Fund Balance$252,649$526,284▲ $273,635
Total Liabilities and Net Assets / Fund Balance$261,777$806,508▲ $544,731
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William MccallumPresident & CEOFT$150,000$150,000
Robert StansfieldCFO and COOPT$97,313$97,313
Linda PlattnerExecutive DirectorFT$60,000$60,000
Kristin UmlandVice PresidentFT$43,750$43,750
Ellen WhitesidesVice PresidentPT$24,000$24,000

Board Members and Trustees

NameTitle
Don ShalveyDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
-Film Class Activity-$194,908
Jason ZimbaWriting Advising Rev-$128,117
The Teaching ChannelWeb & Sw Development2201 BROADWAY SUITE 400, Oakland, CA 94612$105,280
Revenue and Support

Revenue Composition

Contributions and Grants
$75,000
Program Service Revenue
$1,740,223
Investment Income
$526
Other Revenue
$31,766
All Other Contributions
$75,000
Change in Net Assets
$-388,087

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,847,515
Total Revenue per Audited Statements
$1,847,515
Total Revenue per Form 990
$1,847,515
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,402,352
Salaries, Compensation, and Employee Benefits$833,250
Total Fundraising Expense$2,890
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$955,704$228,443-$1,184,147
Current Officers, Directors, Trustees, and Key Employees$708,809$124,441-$833,250
Travel$94,962$15,764$1,445$112,171
Royalties$54,813--$54,813
Office Expenses$21,778$1,880-$23,658
Insurance$8$5,990-$5,998
Fees for Services Legal$3,705$1,440-$5,145
Fees for Services Accounting-$1,000-$1,000
Other Expenses$550$269$1,445$819
Conferences and Meetings-$365-$365
All Other Expenses$6$74-$80
Total Functional Expenses$1,852,350$380,362$2,890$2,235,602

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,235,602
Total Expenses per Audited Statements$2,235,602
Total Expenses per Form 990$2,235,602
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
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 11B: Form 990 Review Process

Prior to filing, a draft of the Form 990 will be sent to all members of the board, who will be asked to review it and to return their comments within one week.

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

Article III stipulates procedures of Duty to Disclose, Determining Whether a Conflict of Interest Exists, and Addressing the Conflict of Interest. Article VII stipulates periodic reviews.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Organization uses a compensation survey to establish compensation.

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

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
Illustrative Mathematics
EIN
46-3513958
Phone
5204401729
Address
PO BOX 69822, ORO VALLEY, AZ 85737

Signing Officer

Name
William Mccallum
Title
President & CEO
Signed
2016-04-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Mccallum
Formed
2013
Legal Domicile
Az
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
HBL CPAs PC
Address
5656 E Grant Rd Ste 200, Tucson, AZ 85712
Preparer
Michael J Devries
Phone
5208863181
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IRS990/OtherExpensesGrp/Desc3BOOKS & PUBLICATIONS
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0696
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1269
IRS990/OtherExpensesGrp/ProgramServicesAmt07665
IRS990/OtherExpensesGrp/ProgramServicesAmt14350
IRS990/OtherExpensesGrp/ProgramServicesAmt2550
IRS990/OtherExpensesGrp/TotalAmt07665
IRS990/OtherExpensesGrp/TotalAmt15046
IRS990/OtherExpensesGrp/TotalAmt21445
IRS990/OtherExpensesGrp/TotalAmt3819
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010412
IRS990/PrincipalOfficerNm0WILLIAM MCCALLUM
IRS990/PriorPeriodAdjustmentsAmt0661722
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01740223
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01740223
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0160025
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0198549
IRS990/PYProgramServiceRevenueAmt0291173
IRS990/PYRevenuesLessExpensesAmt0252649
IRS990/PYTotalExpensesAmt0198549
IRS990/PYTotalRevenueAmt0451198
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-388087
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01740223
IRS990/RoyaltiesGrp/ProgramServicesAmt054813
IRS990/RoyaltiesGrp/TotalAmt054813
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0300526
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt075000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0160025
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0235025
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0526
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0526
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02087174
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt014158
IRS990ScheduleA/SubstantialContributorsTotAmt0220867
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt075000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0160025
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0235025
IRS990ScheduleA/TotalSupportAmt0235551
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ExpensesSubtotalAmt02235602
IRS990ScheduleD/RevenueSubtotalAmt01847515
IRS990ScheduleD/TotalExpensesPerForm990Amt02235602
IRS990ScheduleD/TotalRevenuePerForm990Amt01847515
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01847515
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02235602
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Prior to filing, a draft of the Form 990 will be sent to all members of the board, who will be asked to review it and to return their comments within one week.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Article III stipulates procedures of Duty to Disclose, Determining Whether a Conflict of Interest Exists, and Addressing the Conflict of Interest. Article VII stipulates periodic reviews.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization uses a compensation survey to establish compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AZ
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt082000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02952
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0261777
IRS990/TotalAssetsEOYAmt0806508
IRS990/TotalAssetsGrp/BOYAmt0261777
IRS990/TotalAssetsGrp/EOYAmt0806508
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt075000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02890
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0380362
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01852350
IRS990/TotalFunctionalExpensesGrp/TotalAmt02235602
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09128
IRS990/TotalLiabilitiesEOYAmt0280224
IRS990/TotalLiabilitiesGrp/BOYAmt09128
IRS990/TotalLiabilitiesGrp/EOYAmt0280224
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0252649
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0526284
IRS990/TotalProgramServiceExpensesAmt01852350
IRS990/TotalProgramServiceRevenueAmt01740223
IRS990/TotalReportableCompFromOrgAmt0375063
IRS990/TotalRevenueGrp/ExclusionAmt0526
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01771989
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01847515
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0261777
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0806508
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt01445
IRS990/TravelGrp/ManagementAndGeneralAmt015764
IRS990/TravelGrp/ProgramServicesAmt094962
IRS990/TravelGrp/TotalAmt0112171
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0170649
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0523332
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 65565
IRS990/USAddress/CityNm0TUCSON
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085728
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.ILLUSTRATIVEMATHEMATICS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z

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