Civic Intelligence

Illustrative Mathematics

990 • Fiscal year 2018 • EIN 46-3513958

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 03, 2019

PO Box 69822Oro Valley, AZ 85737-0022

(240) 893-9876

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$3,132,397

Flat from 2018

Net Assets

Flat

$2,182,172

Flat from 2018

Liabilities

Flat

$950,225

Flat from 2018

Revenue And Expenses

Revenue

Flat

$6,212,428

Flat from 2018

Expenses

Flat

$5,714,879

Flat from 2018

Net Income

Flat

$497,549

Flat from 2018

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 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

2018

Assets$3,132,397
Liabilities$950,225
Net Assets$2,182,172

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 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

2018

Revenue$6,212,428
Expenses$5,714,879
Net Income$497,549
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 3, 2019
Return Version
2017v2.3
Gross Receipts
$6,212,428
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 (continued on sch o) the coherent learning of mathematics. We craft and deliver high quality educational resources for teachers and students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$695,546$1,849,346▲ $1,153,800
Accounts Receivable$581,197$729,145▲ $147,948
Cash and Non-Interest-Bearing Accounts$73,467$295,084▲ $221,617
Pledges and Grants Receivable$555,000$200,000▼ $355,000
Prepaid Expenses and Deferred Charges$35,675$58,822▲ $23,147
Total Assets$1,940,885$3,132,397▲ $1,191,512
Liabilities
Accounts Payable and Accrued Expenses$256,262$950,225▲ $693,963
Total Liabilities$256,262$950,225▲ $693,963
Net Assets / Fund Balance
Unrestricted Net Assets$1,161,423$1,135,744▼ $25,679
Temporarily Rstr Net Assets$523,200$1,046,428▲ $523,228
Total Net Assets Fund Balance$1,684,623$2,182,172▲ $497,549
Total Liabilities and Net Assets / Fund Balance$1,940,885$3,132,397▲ $1,191,512
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William MccallumPresident & CEOFT$274,369$19,392$293,761
LISA O'MASTACEOFT$261,170$25,364$286,534
Kristin UmlandVice President, DirectorFT$196,247$8,366$204,613
Trisha ThomasVice PresidentFT$145,654$20,632$166,286
Robert StansfieldTreasurerPT$93,983$67,454$161,437
Brendan SheanSoftware EnginnerFT$128,281$7,256$135,537
Eric ConnallySoftware EnginnerFT$103,882$4,111$107,993
Shelly JurmainInterim CFO and ControllerFT$100,416$3,972$104,388
Karl NelsonVice President, COO and CTOFT$78,830$4,936$83,766
Kristen WelchCFO and Vice PresidentFT$29,235$2,334$31,569

Board Members and Trustees

NameTitle
Barbara ChowDirector
Cynthia NavaDirector
Don ShalveyDirector
Ellen WhitesidesDirector
Gregg LevinDirector
Heather HillDirector
Jean FosterDirector
Linda PlattnerDirector
George ZettlerTreasurer/secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Jason ZimbaWriting Advising155 W 68TH STREET APT 814, New York, NY 10023$119,500
Revenue and Support

Revenue Composition

Contributions and Grants
$4,123,042
Program Service Revenue
$2,086,290
Investment Income
$963
Other Revenue
$2,133
All Other Contributions
$4,123,042
Change in Net Assets
$497,549

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,686,056
Revenue Not Reported on Financial Statements
$526,372
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$526,372
Total Revenue per Audited Statements
$5,686,056
Total Revenue per Form 990
$6,212,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,753,042
Other Expenses$1,961,837
Total Fundraising Expense$85,539
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$1,344,379$354,665$36,188$1,735,232
Other Salaries and Wages$1,493,073$208,660$941$1,702,674
Fees for Services Other$638,140$49,641$22,350$710,131
Travel$220,228$48,687$6,682$275,597
Payroll Taxes$168,638$52,089-$220,727
Royalties$153,030$6,131-$159,161
Advertising$112,586$14,793$14,500$141,879
Other Employee Benefits$79,423$10,280$4,706$94,409
Information Technology$45,098$19,063-$64,161
Office Expenses$7,907$17,849-$25,756
Fees for Services Accounting-$19,360-$19,360
Fees for Services Legal$2,900$12,072$172$15,144
Insurance-$10,475-$10,475
Other Expenses$11,062$97-$97
Total Functional Expenses$4,802,836$826,504$85,539$5,714,879

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,714,879
Expenses per Audited Statements$5,188,507
Total Expenses per Audited Statements$5,188,507
Expenses Not Reported on Financial Statements$526,372
Other Expense Adjustments$526,372
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
1
Spending
$83,800

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesCurriculum and Content Management System Development.01$83,800
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
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
Yes
Other officer compensation reviewed
Yes
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, Section B, Line 11B

The audit committee will review and approve draft. Once that review process is completed, draft will be submitted to full board prior to submission.

Form 990, Part VI, Section B, Line 12C

Bylaws stipulate procedures of duty to disclose, determining whether a conflict of interest exists, and addressing the conflict of interest. The bylaws require this review and process be done annually.

Form 990, Part VI, Section B, Line 15

The organization uses a compensation survey to establish compensation for the president and ceo. This is reviewed by the compensation committee of the board; salary recommendations are made to the full board for approval. The president's and ceo's compensation was last reviewed in august 2018. Compensation for other officers of the organization are determined by the ceo who uses a compensation survey and comparability data. Other officer compensation was last reviewed in july 2018.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Illustrative Mathematics
EIN
46-3513958
Phone
2408939876
Address
PO BOX 69822, ORO VALLEY, AZ 85737-0022

Signing Officer

Name
Kristen Welch
Title
CFO
Phone
2408939876
Signed
2019-04-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Mccallum
Formed
2013
Legal Domicile
Az
Voting Board Members
8
Independent Board Members
6
Employees
31
Volunteers
9

Preparer

Firm
Eide Bailly Llp
Address
1850 N CENTRAL AVE STE 400, PHOENIX, AZ 85004-4624
Preparer
Brenda Blunt
Phone
6022645844
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contracted labor and services: program service expenses 459,211. Management and general expenses 41,394. Fundraising expenses 0. Total expenses 500,605. Professional development costs: program service expenses 64,292. Management and general expenses 0. Fundraising expenses 0. Total expenses 64,292. Professional services: program service expenses 114,637. Management and general expenses 8,247. Fundraising expenses 22,350. Total expenses 145,234.

Financial Statement Notes

PART X, LINE 2:

Management believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

COST OF SALES 526,372.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

COST OF SALES 526,372.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT, DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT, COO AND CTO
IRS990/Form990PartVIISectionAGrp/TitleTxt14CFO AND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16INTERIM CFO AND CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt17SOFTWARE ENGINNER
IRS990/Form990PartVIISectionAGrp/TitleTxt18SOFTWARE ENGINNER
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IRS990/MissionDesc0AT 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.
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