Civic Intelligence

Commonlit Inc.

990 • Fiscal year 2017 • EIN 46-4255260

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

Organization ProfileWWW.COMMONLIT.ORG

View Organization Page

660 Pennsylvania Ave SE No 302Washington, DC 20003

(202) 813-9218

Siviq Scores

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

Liabilities / Assets

65th percentile

0.22x

Higher debt load relative to assets than 65% of similar nonprofits.

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

Liabilities / Revenue

37th percentile

0.05x

Higher debt load relative to revenue than 37% of similar nonprofits.

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

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

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

Top Officer Pay

80th percentile

$132,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

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

Asset Growth

97th percentile

161%

Faster asset growth than 97% of similar nonprofits.

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

Revenue Growth

97th percentile

249%

Faster revenue growth than 97% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$575,952

Up $355,516 (+161%) from 2016

Net Assets

Up

$447,307

Up $316,502 (+242%) from 2016

Liabilities

Up

$128,645

Up $39,014 (+44%) from 2016

Revenue And Expenses
Liabilities / Revenue37th percentileNet Margin70th percentile

Revenue

Up

$2,542,007

Up $1,813,162 (+249%) from 2016

Expenses

Up

$2,225,505

Up $1,617,016 (+266%) from 2016

Net Income

Up

$316,502

Up $196,146 (+163%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2015: $12,333Liabilities 2015: $1,884Net Assets 2015: $10,4492015Assets 2016: $220,436Liabilities 2016: $89,631Net Assets 2016: $130,8052016Assets 2017: $575,952Liabilities 2017: $128,645Net Assets 2017: $447,3072017Assets 2018: $3,670,546Liabilities 2018: $188,487Net Assets 2018: $3,482,0592018Assets 2019: $3,701,855Liabilities 2019: $452,304Net Assets 2019: $3,249,5512019Assets 2020: $5,690,054Liabilities 2020: $1,091,972Net Assets 2020: $4,598,0822020Assets 2021: $8,410,551Liabilities 2021: $1,541,574Net Assets 2021: $6,868,9772021Assets 2022: $11,445,180Liabilities 2022: $3,649,230Net Assets 2022: $7,795,9502022Assets 2023: $13,125,404Liabilities 2023: $8,678,277Net Assets 2023: $4,447,1272023Assets 2024: $11,870,156Liabilities 2024: $12,181,116Net Assets 2024: -$310,9602024

Highlighted filing

2017

Assets$575,952
Liabilities$128,645
Net Assets$447,307
Open 2017 Filing

Operations Trend

Revenue Growth97th percentile

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

$30M$20M$10M$0-$10MRevenue 2015: $63,990Expenses 2015: $54,349Net Income 2015: $9,6412015Revenue 2016: $728,845Expenses 2016: $608,489Net Income 2016: $120,3562016Revenue 2017: $2,542,007Expenses 2017: $2,225,505Net Income 2017: $316,5022017Revenue 2018: $6,597,620Expenses 2018: $3,562,868Net Income 2018: $3,034,7522018Revenue 2019: $4,167,286Expenses 2019: $4,399,794Net Income 2019: -$232,5082019Revenue 2020: $6,581,970Expenses 2020: $5,233,439Net Income 2020: $1,348,5312020Revenue 2021: $9,155,362Expenses 2021: $7,084,467Net Income 2021: $2,070,8952021Revenue 2022: $11,871,054Expenses 2022: $10,944,081Net Income 2022: $926,9732022Revenue 2023: $13,856,418Expenses 2023: $17,205,241Net Income 2023: -$3,348,8232023Revenue 2024: $15,869,141Expenses 2024: $20,627,228Net Income 2024: -$4,758,0872024

Highlighted filing

2017

Revenue$2,542,007
Expenses$2,225,505
Net Income$316,502
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$2,542,007
Mission and Program Overview

Mission

To make high-quality literacy materials accessible to teachers and the general public for the advancement of education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$206,740$359,217▲ $152,477
Cash and Non-Interest-Bearing Accounts$5,108$191,360▲ $186,252
Prepaid Expenses and Deferred Charges$588$17,375▲ $16,787
Loans From Officers Directors$17,000$17,000→ $0
Total Assets$220,436$575,952▲ $355,516
Other Assets Total$8,000$8,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$72,631$111,645▲ $39,014
Total Liabilities$89,631$128,645▲ $39,014
Net Assets / Fund Balance
Unrestricted Net Assets$130,805$303,355▲ $172,550
Temporarily Rstr Net Assets-$143,952-
Total Net Assets Fund Balance$130,805$447,307▲ $316,502
Total Liabilities and Net Assets / Fund Balance$220,436$575,952▲ $355,516
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gary FleshmanSenior Web Applications EngineerFT$132,000-$132,000
Helio RodriguesSoftware ArchitectFT$126,830-$126,830
Michelle BrownCEO & Pres of BoardFT$85,000-$85,000
Sarah RobertsonSecretaryFT$80,000$4,224$84,224

Board Members and Trustees

NameTitle
Beining ZhangDirector
Jeanne AllenDirector
John CoyneDirector
Kodjo WilderDirector
Mary Grace TigheDirector
James Patrick BrownTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Rubino & Company CharteredAccounting And Grant Management6903 ROCKLEDGE DR SUITE 1200, Bethesda, MD 20814$120,557
Revenue and Support

Revenue Composition

Contributions and Grants
$2,442,339
Program Service Revenue
$99,668
Investment Income
$0
Other Revenue
$0
All Other Contributions
$307,040
Change in Net Assets
$316,502

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,542,007
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$100,000
Total Revenue per Audited Statements
$2,642,007
Total Revenue per Form 990
$2,542,007
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,464,656
Other Expenses$760,849
Total Fundraising Expense$36,335
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,063,386$59,318-$1,122,704
Fees for Services Other$213,659$604$11,756$226,019
Current Officers, Directors, Trustees, and Key Employees$143,724$25,500-$169,224
Information Technology$130,885$7,867-$138,752
Fees for Services Accounting$42,055$92,138-$134,193
Office Expenses$75,850$30,673$507$107,030
Payroll Taxes-$104,979-$104,979
Occupancy$96,583$2,955-$99,538
Other Employee Benefits-$67,749-$67,749
Travel-$10,501$18,778$29,279
Advertising-$15,540$2,880$18,420
Insurance-$7,424-$7,424
Conferences and Meetings-$182-$182
Interest$12--$12
Other Expenses$145,413$-147,827$2,414$0
Total Functional Expenses$2,072,640$116,530$36,335$2,225,505

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,325,505
Expenses per Audited Statements$2,225,505
Total Expenses per Form 990$2,225,505
Expenses Not Reported on Form 990$100,000
Expenses Not Reported on Financial Statements$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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$17,000$17,000→ $0
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Michelle brown & james patrick brown are married.”

Form 990, Part VI, Section A, Line 3

“Commonlit delagated control over management duties customarily performed by the direct supervision of officers, directors, trustees, or key employees to rubino and company, chartered.”

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

“The organization's accountants provide a draft 990 to the board of directors and treasurer. The board and treasurer provide comments, which the cpa firm incorporates. The cpa firm provides the final return to the ceo, who approves, signs, and submits.”

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

“Commonlit's management and board members are subject to a written conflict of interest policy. In addition to self-reporting by officers, directors, and key employees, management flags potential conflicts of interest regarding purchases, potential partnerships, and earned revenue opportunities. During 2017, no conflicts of interest were identified.”

Form 990, Part VI, Section C, Line 19

“All information will be provided upon request and approval of the governing body.”

Filing and Contact Details

Filer

Filer Name
Commonlit Inc
EIN
46-4255260
Phone
2028139218
Address
660 PENNSYLVANIA AVE SE NO 302, WASHINGTON, DC 20003

Signing Officer

Name
Michelle Brown
Title
CEO
Phone
2028139218
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Brown
Formed
2013
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
5
Employees
26
Volunteers
9

Preparer

Firm
Rubino & Company Chartered
Address
6903 ROCKLEDGE DRIVE SUITE 1200, BETHESDA, MD 20817-1818
Preparer
PATRICIA A O'MALLEY CPA
Phone
3015643636
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contract services: program service expenses 213,659. Management and general expenses 64. Fundraising expenses 11,756. Total expenses 225,479. Curriculum consulting: program service expenses 0. Management and general expenses 540. Fundraising expenses 0. Total expenses 540.”

Financial Statement Notes

PART X, LINE 2:

“Commonlit is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and applicable state law. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, commonlit may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Commonlit's forms 990, return of organization exempt from income tax, that have been filed as of december 31, 2017, are subject to examination by the internal revenue service, generally, for three years after they were filed.”

Raw XML AppendixShowing 400 of 434 raw XML fields

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/OtherExpensesGrp/TotalAmt10
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt059318
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01063386
IRS990/OtherSalariesAndWagesGrp/TotalAmt01122704
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0104979
IRS990/PayrollTaxesGrp/TotalAmt0104979
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0588
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017375
IRS990/PrincipalOfficerNm0MICHELLE BROWN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0MARKETING AND SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt099668
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt099668
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0728845
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0360847
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0120356
IRS990/PYSalariesCompEmpBnftPaidAmt0247642
IRS990/PYTotalExpensesAmt0608489
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0728845
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0316502
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt099668
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02442339
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0728845
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt063694
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt09754
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03244632
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt099668
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0296
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0296
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt03048397
IRS990ScheduleA/SubstantialContributorsTotAmt0196235
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02442339
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0728845
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt063694
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt09754
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03244632
IRS990ScheduleA/TotalSupportAmt03244928
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0100000
IRS990ScheduleD/DonatedServicesUseFcltsAmt0100000
IRS990ScheduleD/ExpensesNotReportedAmt0100000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02225505
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt0100000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02542007
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COMMONLIT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, COMMONLIT MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. COMMONLIT'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, THAT HAVE BEEN FILED AS OF DECEMBER 31, 2017, ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY, FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt02225505
IRS990ScheduleD/TotalRevenuePerForm990Amt02542007
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02642007
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02325505
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt05000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt112000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0ZERO-INTEREST LOAN TO FUND ONGOING OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1ZERO-INTEREST LOAN TO FUND ONGOING OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt05000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt112000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MICHELLE BROWN PATRICK BROWN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1JAMES LYNNE BROWN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0MICHELLE BROWN IS CEO & PRES OF THE BD; PATRICK BROWN IS TREASURER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1PARENTS OF PATRICK BROWN, TREASURER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd10
IRS990ScheduleL/TotalBalanceDueAmt017000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MICHELLE BROWN & JAMES PATRICK BROWN ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMMONLIT DELAGATED CONTROL OVER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES TO RUBINO AND COMPANY, CHARTERED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S ACCOUNTANTS PROVIDE A DRAFT 990 TO THE BOARD OF DIRECTORS AND TREASURER. THE BOARD AND TREASURER PROVIDE COMMENTS, WHICH THE CPA FIRM INCORPORATES. THE CPA FIRM PROVIDES THE FINAL RETURN TO THE CEO, WHO APPROVES, SIGNS, AND SUBMITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMMONLIT'S MANAGEMENT AND BOARD MEMBERS ARE SUBJECT TO A WRITTEN CONFLICT OF INTEREST POLICY. IN ADDITION TO SELF-REPORTING BY OFFICERS, DIRECTORS, AND KEY EMPLOYEES, MANAGEMENT FLAGS POTENTIAL CONFLICTS OF INTEREST REGARDING PURCHASES, POTENTIAL PARTNERSHIPS, AND EARNED REVENUE OPPORTUNITIES. DURING 2017, NO CONFLICTS OF INTEREST WERE IDENTIFIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL INFORMATION WILL BE PROVIDED UPON REQUEST AND APPROVAL OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 213,659. MANAGEMENT AND GENERAL EXPENSES 64. FUNDRAISING EXPENSES 11,756. TOTAL EXPENSES 225,479. CURRICULUM CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 540. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 540.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0143952
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0220436
IRS990/TotalAssetsEOYAmt0575952
IRS990/TotalAssetsGrp/BOYAmt0220436
IRS990/TotalAssetsGrp/EOYAmt0575952
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02442339
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt036335
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0116530
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02072640
IRS990/TotalFunctionalExpensesGrp/TotalAmt02225505
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt089631
IRS990/TotalLiabilitiesEOYAmt0128645
IRS990/TotalLiabilitiesGrp/BOYAmt089631
IRS990/TotalLiabilitiesGrp/EOYAmt0128645
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0130805
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0447307
IRS990/TotalOtherCompensationAmt04224
IRS990/TotalProgramServiceExpensesAmt02072640
IRS990/TotalProgramServiceRevenueAmt099668
IRS990/TotalReportableCompFromOrgAmt0423830
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt099668
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02542007
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0220436
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0575952
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt018778
IRS990/TravelGrp/ManagementAndGeneralAmt010501
IRS990/TravelGrp/TotalAmt029279
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0130805
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0303355
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0660 PENNSYLVANIA AVE SE NO 302
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020003
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.COMMONLIT.ORG
IRS990/WhistleblowerPolicyInd01

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$575,952
Liabilities
$128,645
Net assets
$447,307
Revenue
$2,542,007
Expenses
$2,225,505
Net income
$316,502
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.9$12.2$0.31$15.9$20.6$4.76
2023Detailed filing. Detailed filing data is available for this year.$13.1$8.68$4.45$13.9$17.2$3.35
2022Detailed filing. Detailed filing data is available for this year.$11.4$3.65$7.80$11.9$10.9$0.93
2021Detailed filing. Detailed filing data is available for this year.$8.41$1.54$6.87$9.16$7.08$2.07
2020Detailed filing. Detailed filing data is available for this year.$5.69$1.09$4.60$6.58$5.23$1.35
2019Detailed filing. Detailed filing data is available for this year.$3.70$0.45$3.25$4.17$4.40$0.23
2018Detailed filing. Detailed filing data is available for this year.$3.67$0.19$3.48$6.60$3.56$3.03
2017Detailed filing. Detailed filing data is available for this year.$0.58$0.13$0.45$2.54$2.23$0.32
2016Detailed filing. Detailed filing data is available for this year.$0.22$0.09$0.13$0.73$0.61$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.06$0.05$0.01