Civic Intelligence

Champion Education Network

990 • Fiscal year 2020 • EIN 46-3626223

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 11, 2021

13600 Virgil StreetDetroit, MI 48223

(313) 977-9178

Siviq Scores

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

Liabilities / Assets

96th percentile

1.45x

Higher debt load relative to assets than 96% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

1.84x

Higher debt load relative to revenue than 90% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

43rd percentile

2.4%

Higher net margin than 43% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

82nd percentile

$139,937

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

83rd percentile

39%

Faster asset growth than 83% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

13th percentile

-36%

Faster revenue growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,110,966

Up $311,418 (+39%) from 2019

Net Assets

Up

-$502,614

Up $20,978 (+4.0%) from 2019

Liabilities

Up

$1,613,580

Up $290,440 (+22%) from 2019

Revenue

Down

$877,242

Down $499,127 (-36%) from 2019

Expenses

Down

$856,264

Down $415,368 (-33%) from 2019

Net Income

Down

$20,978

Down $83,759 (-80%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2015: $794,827Liabilities 2015: $980,635Net Assets 2015: -$185,8082015Assets 2016: $24,771Liabilities 2016: $590,814Net Assets 2016: -$566,0432016Assets 2017: $662,521Liabilities 2017: $1,466,100Net Assets 2017: -$803,5792017Assets 2018: $1,560,588Liabilities 2018: $2,188,917Net Assets 2018: -$628,3292018Assets 2019: $799,548Liabilities 2019: $1,323,140Net Assets 2019: -$523,5922019Assets 2020: $1,110,966Liabilities 2020: $1,613,580Net Assets 2020: -$502,6142020Assets 2021: $924,146Liabilities 2021: $337,938Net Assets 2021: $586,2082021Assets 2022: $2,376,911Liabilities 2022: $86,397Net Assets 2022: $2,290,5142022Assets 2023: $1,167,391Liabilities 2023: $145,158Net Assets 2023: $1,022,2332023Assets 2024: $2,071,709Liabilities 2024: $198,449Net Assets 2024: $1,873,2602024

Highlighted filing

2020

Assets$1,110,966
Liabilities$1,613,580
Net Assets-$502,614

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $532,608Expenses 2015: $718,416Net Income 2015: -$185,8082015Revenue 2016: $1,088,069Expenses 2016: $1,468,304Net Income 2016: -$380,2352016Revenue 2017: $1,298,162Expenses 2017: $1,535,698Net Income 2017: -$237,5362017Revenue 2018: $1,424,496Expenses 2018: $1,249,246Net Income 2018: $175,2502018Revenue 2019: $1,376,369Expenses 2019: $1,271,632Net Income 2019: $104,7372019Revenue 2020: $877,242Expenses 2020: $856,264Net Income 2020: $20,9782020Revenue 2021: $2,012,964Expenses 2021: $1,024,793Net Income 2021: $988,1712021Revenue 2022: $2,979,351Expenses 2022: $1,275,045Net Income 2022: $1,704,3062022Revenue 2023: $8,936,667Expenses 2023: $9,553,846Net Income 2023: -$617,1792023Revenue 2024: $10,690,282Expenses 2024: $9,884,158Net Income 2024: $806,1242024

Highlighted filing

2020

Revenue$877,242
Expenses$856,264
Net Income$20,978
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 11, 2021
Return Version
2019v5.1
Gross Receipts
$877,242
Mission and Program Overview

Mission

To create remarkable schools for all students, regardless of zip code, by unleashing potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$386,637$737,421▲ $350,784
Accounts Receivable$392,351$320,138▼ $72,213
Prepaid Expenses and Deferred Charges$17,860$50,707▲ $32,847
Total Assets$799,548$1,110,966▲ $311,418
Other Assets Total$2,700$2,700→ $0
Liabilities
Other Liabilities$0$1,200,000▲ $1,200,000
Mortgage Notes Payable Secured by Investment Property$227,149$187,475▼ $39,674
Accounts Payable and Accrued Expenses$1,095,991$179,956▼ $916,035
Deferred Revenue-$46,149-
Total Liabilities$1,323,140$1,613,580▲ $290,440
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-523,592$-502,614▲ $20,978
Total Net Assets Fund Balance$-523,592$-502,614▲ $20,978
Total Liabilities and Net Assets / Fund Balance$799,548$1,110,966▲ $311,418
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kerri SmithInterim CEO as of 6/1/2019FT$124,688$15,249$139,937
Gary Meier - CEO ThenExecutive Director as of 6/1/2019FT$123,333$504$123,837
Renee BurgessPresidentFT$76,130$15,573$91,703

Board Members and Trustees

NameTitle
Rev Chris YawChair
Nicholas a HugueletVice Chair
Neil StewartDirector
Pantea StevensonDirector
Rebecca TisdaleDirector Until 9/10/2019
Owen WillisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,552
Program Service Revenue
$854,166
Investment Income
$0
Other Revenue
$12,524
All Other Contributions
$10,552
Change in Net Assets
$20,978

Audited Revenue Reconciliation

Revenue per Audited Statements
$877,242
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$877,242
Total Revenue per Form 990
$877,242
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$439,693
Salaries, Compensation, and Employee Benefits$416,571
Total Fundraising Expense$40,061
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$165,226$44,060$11,015$220,301
Other Salaries and Wages$104,784$27,942$6,986$139,712
Fees for Services Accounting-$134,505-$134,505
Insurance$66,264$17,670$4,418$88,352
Other Expenses-$22,145$10,243$32,388
Payroll Taxes$22,260$5,936$1,484$29,680
Fees for Services Other$24,988$2,413$1,666$29,067
Pension Plan Contributions$19,611$5,230$1,307$26,148
Office Expenses$18,453$4,920$1,230$24,603
Interest$14,758$3,935$984$19,677
Occupancy$10,364$2,763$691$13,818
Fees for Services Legal-$10,111-$10,111
Other Employee Benefits$547$146$37$730
Total Functional Expenses$447,255$368,948$40,061$856,264

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$856,264
Total Expenses per Audited Statements$856,264
Total Expenses per Form 990$856,264
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$1,200,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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, Section A, Line 8B

The organization has no committees with the authorizaton to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

Management is responsible for reviewing the completed 990 before it is filed with the irs.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and financial statements are made availalbe to the public upon request.

Filing and Contact Details

Filer

Filer Name
Equity Education
EIN
46-3626223
Phone
3139779178
Address
13600 VIRGIL STREET, DETROIT, MI 48223

Signing Officer

Name
Kerri Smith
Title
Interim CEO
Phone
3139779178
Signed
2021-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kerri Smith
Formed
2015
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
5
Employees
255
Volunteers
6

Preparer

Firm
Jones Maresca & Mcquade Pa
Address
1730 RHODE ISLAND AVE NW SUITE 800, WASHINGTON, DC 20036
Preparer
David Jones
Phone
2022963306
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements or that would have an effect on its tax-exempt status. There are no unrecognized tax benefits or liabilities that need to be recorded.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT SERVICES
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0854166
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt022263
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt042625
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0642534
IRS990/PYOtherRevenueAmt0400
IRS990/PYProgramServiceRevenueAmt01353706
IRS990/PYRevenuesLessExpensesAmt0104737
IRS990/PYSalariesCompEmpBnftPaidAmt0586473
IRS990/PYTotalExpensesAmt01271632
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01376369
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt020978
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0854166
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0300000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0125000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0425000
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt010552
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt022663
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0310000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0125000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0468215
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0854166
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01353706
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01114496
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01173162
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01088069
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05583599
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt012524
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0400
IRS990ScheduleA/OtherIncome509Grp/TotalAmt012924
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0313538
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0827850
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt01299400
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt01312807
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt01242794
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt01055425
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt05738276
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0827850
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt01299400
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt01012807
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt01117794
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt01055425
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt05313276
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0864718
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01376369
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01424496
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01298162
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01088069
IRS990ScheduleA/Total509Grp/TotalAmt06051814
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0877242
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01376769
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01424496
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01298162
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01088069
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06064738
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0856264
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01200000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PPP LOAN
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0877242
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS OR THAT WOULD HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THERE ARE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT NEED TO BE RECORDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0856264
IRS990ScheduleD/TotalLiabilityAmt01200000
IRS990ScheduleD/TotalRevenuePerForm990Amt0877242
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0877242
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0856264
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO COMMITTEES WITH THE AUTHORIZATON TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT IS RESPONSIBLE FOR REVIEWING THE COMPLETED 990 BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILALBE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0799548
IRS990/TotalAssetsEOYAmt01110966
IRS990/TotalAssetsGrp/BOYAmt0799548
IRS990/TotalAssetsGrp/EOYAmt01110966
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt010552
IRS990/TotalEmployeeCnt0255
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt040061
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0368948
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0447255
IRS990/TotalFunctionalExpensesGrp/TotalAmt0856264
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01323140
IRS990/TotalLiabilitiesEOYAmt01613580
IRS990/TotalLiabilitiesGrp/BOYAmt01323140
IRS990/TotalLiabilitiesGrp/EOYAmt01613580
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-523592
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-502614
IRS990/TotalOtherCompensationAmt031326
IRS990/TotalProgramServiceExpensesAmt0447255
IRS990/TotalProgramServiceRevenueAmt0854166
IRS990/TotalReportableCompFromOrgAmt0324151
IRS990/TotalRevenueGrp/ExclusionAmt012524
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0854166
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0877242
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0799548
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01110966
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt013600 VIRGIL STREET
IRS990/USAddress/CityNm0DETROIT

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