Civic Intelligence

Design Tech High School

990 • Fiscal year 2017 • EIN 46-3705620

Jul 01, 2016 to Jun 30, 2017 • Filed on May 09, 2018

275 Oracle ParkwayRedwood City, CA 94065

(650) 231-2701

Siviq Scores

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

Liabilities / Assets

75th percentile

0.39x

Higher debt load relative to assets than 75% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

64th percentile

0.20x

Higher debt load relative to revenue than 64% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

67th percentile

10%

Higher net margin than 67% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

88th percentile

$182,585

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

90th percentile

43%

Faster asset growth than 90% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

82nd percentile

35%

Faster revenue growth than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,376,166

Up $715,614 (+43%) from 2016

Net Assets

Up

$1,445,239

Up $477,589 (+49%) from 2016

Liabilities

Up

$930,927

Up $238,025 (+34%) from 2016

Revenue

Up

$4,592,486

Up $1,191,444 (+35%) from 2016

Expenses

Up

$4,114,897

Up $1,064,550 (+35%) from 2016

Net Income

Up

$477,589

Up $126,894 (+36%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2015: $1,207,034Liabilities 2015: $590,079Net Assets 2015: $616,9552015Assets 2016: $1,660,552Liabilities 2016: $692,902Net Assets 2016: $967,6502016Assets 2017: $2,376,166Liabilities 2017: $930,927Net Assets 2017: $1,445,2392017Assets 2018: $2,783,185Liabilities 2018: $717,347Net Assets 2018: $2,065,8382018Assets 2019: $2,815,857Liabilities 2019: $676,456Net Assets 2019: $2,139,4012019Assets 2020: $3,510,729Liabilities 2020: $1,282,709Net Assets 2020: $2,228,0202020Assets 2021: $4,157,740Liabilities 2021: $1,136,241Net Assets 2021: $3,021,4992021Assets 2022: $4,223,602Liabilities 2022: $584,813Net Assets 2022: $3,638,7892022Assets 2023: $4,080,087Liabilities 2023: $1,028,604Net Assets 2023: $3,051,4832023Assets 2024: $3,639,854Liabilities 2024: $866,457Net Assets 2024: $2,773,3972024

Highlighted filing

2017

Assets$2,376,166
Liabilities$930,927
Net Assets$1,445,239

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2015: $2,113,981Expenses 2015: $1,874,920Net Income 2015: $239,0612015Revenue 2016: $3,401,042Expenses 2016: $3,050,347Net Income 2016: $350,6952016Revenue 2017: $4,592,486Expenses 2017: $4,114,897Net Income 2017: $477,5892017Revenue 2018: $6,386,603Expenses 2018: $5,766,004Net Income 2018: $620,5992018Revenue 2019: $6,679,458Expenses 2019: $6,605,895Net Income 2019: $73,5632019Revenue 2020: $6,972,838Expenses 2020: $6,884,219Net Income 2020: $88,6192020Revenue 2021: $7,496,937Expenses 2021: $6,703,458Net Income 2021: $793,4792021Revenue 2022: $8,620,798Expenses 2022: $8,003,508Net Income 2022: $617,2902022Revenue 2023: $8,539,203Expenses 2023: $9,126,509Net Income 2023: -$587,3062023Revenue 2024: $9,453,385Expenses 2024: $9,725,470Net Income 2024: -$272,0852024

Highlighted filing

2017

Revenue$4,592,486
Expenses$4,114,897
Net Income$477,589
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 9, 2018
Return Version
2016v3.0
Gross Receipts
$4,592,486
Mission and Program Overview

Mission

To build in students the understanding that the world can be a better place and that they can be the ones to make it happen.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,524,511$2,153,960▲ $629,449
Accounts Receivable$94,118$156,399▲ $62,281
Prepaid Expenses and Deferred Charges-$41,335-
Land, Buildings, and Equipment, Net$41,923$24,472▼ $17,451
Total Assets$1,660,552$2,376,166▲ $715,614
Liabilities
Accounts Payable and Accrued Expenses$505,398$680,919▲ $175,521
Unsecured Notes Loans Payable$187,504$125,008▼ $62,496
Deferred Revenue-$125,000-
Total Liabilities$692,902$930,927▲ $238,025
Net Assets / Fund Balance
Unrestricted Net Assets$967,650$1,438,437▲ $470,787
Temporarily Rstr Net Assets-$6,802-
Total Net Assets Fund Balance$967,650$1,445,239▲ $477,589
Total Liabilities and Net Assets / Fund Balance$1,660,552$2,376,166▲ $715,614

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24,472$27,881$52,353
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ken MontgomeryExecutive DirectorFT$165,000$17,585$182,585
Sarah KrummelAssociate DirectorFT$105,183$10,814$115,997

Board Members and Trustees

NameTitle
Subra NarayanPresident
Alex TermanDirector
Mark KupershmidDirector
Steven LaubDirector
Tim BullDirector
John PetersonCFO
Lija McbrrideSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,515,326
Program Service Revenue
$0
Investment Income
$10,157
Other Revenue
$67,003
All Other Contributions
$740,421
Change in Net Assets
$477,589

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,592,486
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,592,486
Total Revenue per Form 990
$4,592,486
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,794,648
Other Expenses$1,320,249
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,017,443$140,972-$2,158,415
Fees for Services Other$618,476$353,680-$972,156
Other Employee Benefits$417,860$29,546-$447,406
Current Officers, Directors, Trustees, and Key Employees$188,827--$188,827
Depreciation Depletion$17,451--$17,451
Travel$10,504--$10,504
Other Expenses$5,201$1,300-$6,501
Conferences and Meetings$949--$949
Total Functional Expenses$3,566,653$548,244$0$4,114,897

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,114,897
Total Expenses per Audited Statements$4,114,897
Total Expenses per Form 990$4,114,897
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
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
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 B, Line 11B

A copy of the form 990 is presented to the board for comments and/or approval prior to filing the form.

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

The directors all sign the conflict of interest policy on an annual basis.

Form 990, Part VI, Section B, Line 15A

The board of directors performs market research based on industry and size when determining compensation for officers or key employees of the organization. The board reviews and approves the compensation amounts.

Form 990, Part VI, Section C, Line 19

The documents are readily available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Design Tech High School
EIN
46-3705620
Phone
6502312701
Address
275 ORACLE PARKWAY, REDWOOD CITY, CA 94065

Signing Officer

Name
Ken Montgomery
Title
Executive Director
Phone
6502312701
Signed
2018-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Montgomery
Formed
2013
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
43
Volunteers
130

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Wade Mcmullen
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Operations and housekeeping: program service expenses 27,748. Management and general expenses 98,438. Fundraising expenses 0. Total expenses 126,186. Other services: program service expenses 590,728. Management and general expenses 153,507. Fundraising expenses 0. Total expenses 744,235. Indirect costs: program service expenses 0. Management and general expenses 101,735. Fundraising expenses 0. Total expenses 101,735.

Financial Statement Notes

PART X, LINE 2:

The school is a non-profit entity exempt from the payment of income taxesunder internal revenue code section 501(c)(3)and california revenue andtaxation code section 23701d accordingly, no provision has been made forincome taxes management has determined that all income tax positions aremore likely than not of being sustained upon potential audit or examination,therefore, no disclosures of uncertain income tax positions are requiredthe school files informational returns in theus federal jurisdiction, andthe state of california the statute of limitations for federal and californiastate purposes is generally three and four years, respectively.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A NON-PROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXESUNDER INTERNAL REVENUE CODE SECTION 501(C)(3)AND CALIFORNIA REVENUE ANDTAXATION CODE SECTION 23701D ACCORDINGLY, NO PROVISION HAS BEEN MADE FORINCOME TAXES MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS AREMORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION,THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIREDTHE SCHOOL FILES INFORMATIONAL RETURNS IN THEUS FEDERAL JURISDICTION, ANDTHE STATE OF CALIFORNIA THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIASTATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024472
IRS990ScheduleD/TotalExpensesPerForm990Amt04114897
IRS990ScheduleD/TotalRevenuePerForm990Amt04592486
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04592486
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04114897
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL PUBLICIZES ITS POLICY IN ITS REGISTRATION MATERIALS AND DOCUMENTS USED TO SOLICIT STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1DESIGN TECH HIGH SCHOOL IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0165000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt017585
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KEN MONTGOMERY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0182585
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PRESENTED TO THE BOARD FOR COMMENTS AND/OR APPROVAL PRIOR TO FILING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTORS ALL SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS PERFORMS MARKET RESEARCH BASED ON INDUSTRY AND SIZE WHEN DETERMINING COMPENSATION FOR OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION. THE BOARD REVIEWS AND APPROVES THE COMPENSATION AMOUNTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OPERATIONS AND HOUSEKEEPING: PROGRAM SERVICE EXPENSES 27,748. MANAGEMENT AND GENERAL EXPENSES 98,438. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 126,186. OTHER SERVICES: PROGRAM SERVICE EXPENSES 590,728. MANAGEMENT AND GENERAL EXPENSES 153,507. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 744,235. INDIRECT COSTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 101,735. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 101,735.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt06802
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01660552
IRS990/TotalAssetsEOYAmt02376166
IRS990/TotalAssetsGrp/BOYAmt01660552
IRS990/TotalAssetsGrp/EOYAmt02376166
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt04515326
IRS990/TotalEmployeeCnt043
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0548244
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03566653
IRS990/TotalFunctionalExpensesGrp/TotalAmt04114897
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0692902
IRS990/TotalLiabilitiesEOYAmt0930927
IRS990/TotalLiabilitiesGrp/BOYAmt0692902
IRS990/TotalLiabilitiesGrp/EOYAmt0930927
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0967650
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01445239
IRS990/TotalOtherCompensationAmt028399
IRS990/TotalProgramServiceExpensesAmt03566653
IRS990/TotalReportableCompFromOrgAmt0270183
IRS990/TotalRevenueGrp/ExclusionAmt010157
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt067003
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04592486
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0130
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01660552
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02376166
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt010504
IRS990/TravelGrp/TotalAmt010504
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0967650
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01438437
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0187504
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0125008
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0275 ORACLE PARKWAY
IRS990/USAddress/CityNm0REDWOOD CITY
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094065
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.DESIGNTECHHIGHSCHOOL.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEN MONTGOMERY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06502312701
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DESIGN TECH HIGH SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0DESI

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