Civic Intelligence

Commonlit Inc.

990 • Fiscal year 2018 • EIN 46-4255260

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Organization ProfileWWW.COMMOMLIT.ORG

View Organization Page

660 Pennsylvania Ave SE Ste 302Washington, DC 20003

(202) 813-9218

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.05x

Higher debt load relative to assets than 33% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

17th percentile

0.03x

Higher debt load relative to revenue than 17% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

90th percentile

46%

Higher net margin than 90% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

99th percentile

537%

Faster asset growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

96th percentile

160%

Faster revenue growth than 96% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$3,670,546

Up $3,094,594 (+537%) from 2017

Net Assets

Up

$3,482,059

Up $3,034,752 (+678%) from 2017

Liabilities

Up

$188,487

Up $59,842 (+47%) from 2017

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin90th percentile

Revenue

Up

$6,597,620

Up $4,055,613 (+160%) from 2017

Expenses

Up

$3,562,868

Up $1,337,363 (+60%) from 2017

Net Income

Up

$3,034,752

Up $2,718,250 (+859%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth99th 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

2018

Assets$3,670,546
Liabilities$188,487
Net Assets$3,482,059
Open 2018 Filing

Operations Trend

Revenue Growth96th 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

2018

Revenue$6,597,620
Expenses$3,562,868
Net Income$3,034,752
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$6,597,620
Mission and Program Overview

Mission

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

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$191,360$1,993,741▲ $1,802,381
Pledges and Grants Receivable$359,217$1,562,476▲ $1,203,259
Accounts Receivable-$65,304-
Prepaid Expenses and Deferred Charges$17,375$25,687▲ $8,312
Total Assets$575,952$3,670,546▲ $3,094,594
Other Assets Total$8,000$23,338▲ $15,338
Liabilities
Accounts Payable and Accrued Expenses$111,645$188,487▲ $76,842
Other Liabilities$17,000--
Total Liabilities$128,645$188,487▲ $59,842
Net Assets / Fund Balance
Temporarily Rstr Net Assets$143,952$2,753,874▲ $2,609,922
Unrestricted Net Assets$303,355$728,185▲ $424,830
Total Net Assets Fund Balance$447,307$3,482,059▲ $3,034,752
Total Liabilities and Net Assets / Fund Balance$575,952$3,670,546▲ $3,094,594

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$23,338--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Geoffrey S HarcourtCTOFT$142,000-$142,000
Aaron JacobowitzLead DeveloperFT$102,749$4,795$107,544
Michelle BrownCEO & President of BoardFT$104,792-$104,792

Board Members and Trustees

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

Highest Paid Contractors

ContractorServicesLocationCompensation
660 Pennsylvania Ave AssociatesRent305 7TH STREET SE, Washington, DC 20003$243,445
Rubino And CompanyProfessional Fees6903 ROCKLEDGE DR STE 1200, Bethesda, MD 20814$128,484
Revenue and Support

Revenue Composition

Contributions and Grants
$5,496,736
Program Service Revenue
$1,100,884
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,799,765
Change in Net Assets
$3,034,752

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,597,620
Total Revenue per Audited Statements
$6,597,620
Total Revenue per Form 990
$6,597,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,116,929
Other Expenses$1,363,739
Total Fundraising Expense$87,836
Professional Fundraising Fees$82,200
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,469,141$201,967-$1,671,108
Fees for Services Other$406,949--$406,949
Occupancy$213,759$20,236-$233,995
Other Employee Benefits$171,597$23,590-$195,187
Payroll Taxes$128,216$17,626-$145,842
Fees for Services Accounting$2,586$125,898-$128,484
Current Officers, Directors, Trustees, and Key Employees$92,127$12,665-$104,792
Other Expenses$15,156$86,605$1,037$102,798
Fees for Services Professional Fundraising--$82,200$82,200
Information Technology$72,417--$72,417
Office Expenses$4,504$38,606-$43,110
Travel-$19,081$4,599$23,680
Insurance-$12,878-$12,878
Conferences and Meetings-$985-$985
Interest-$497-$497
Total Functional Expenses$2,862,624$612,408$87,836$3,562,868

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,562,868
Total Expenses per Audited Statements$3,562,868
Total Expenses per Form 990$3,562,868
International Activity

International Summary

Employees
2
Spending
$233,578

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
North America Not the United StatesProgram ServicesEducational Programs-2$233,578
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$82,200
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
Audit committee
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Officer directors etc family relationship Part VI line 2

“Michelle brown and patrick brown are married”

Management duties delegation Part VI line 3

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

Form 990 governing body review Part VI line 11

“The organizations 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.”

Conflict of interest policy compliance Part VI line 12C

“Commonlits 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 2018, no conflicts of interest were identified.”

CEO executive director top management comp Part VI line 15A

“Ceo compensation is set through a two-step process. First, a subcommittee of independent directors analyzes compensation of ceos at peer and comparable entities, and presents a recommendation to the full board of directors. Second, the full board of directors deliberates and votes on the recommendation. The ceo is totally recused from the process, including all discussions and all votes.”

Other officer or key employee compensation Part VI line 15B

“The board goes through the process to set officers salaries, based on market salary information and previous compensation.”

Governing documents etc available to public Part VI 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
Address
660 PENNSYLVANIA AVE SE STE 302, WASHINGTON, DC 20003

Signing Officer

Name
Michelle Brown
Title
President
Phone
2028139218
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
5
Employees
38
Volunteers
8

Preparer

Firm
Alta CPA Group
Address
59 Franklin St 2nd Floor, Annapolis, MD 21401
Preparer
Jeffrey Griffith
Phone
4103495101
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“Programcontract expenses $406,949”

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

“Commonlit, inc. 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.commonlits federal form 990, return of organization exempt from income tax, is subject to examination by the internal revenue service, generally for the three years after it is filed.”

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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/OtherExpensesGrp/ProgramServicesAmt0286172
IRS990/OtherExpensesGrp/ProgramServicesAmt115156
IRS990/OtherExpensesGrp/TotalAmt0337946
IRS990/OtherExpensesGrp/TotalAmt1102798
IRS990/OtherLiabilitiesGrp/BOYAmt017000
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0201967
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01469141
IRS990/OtherSalariesAndWagesGrp/TotalAmt01671108
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017626
IRS990/PayrollTaxesGrp/ProgramServicesAmt0128216
IRS990/PayrollTaxesGrp/TotalAmt0145842
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0359217
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01562476
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017375
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025687
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0EARNED REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01100884
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01100884
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02442339
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0760849
IRS990/PYProgramServiceRevenueAmt099668
IRS990/PYRevenuesLessExpensesAmt0316502
IRS990/PYSalariesCompEmpBnftPaidAmt01464656
IRS990/PYTotalExpensesAmt02225505
IRS990/PYTotalRevenueAmt02542007
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt03034752
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01100884
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05486736
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02442339
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0728845
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt063694
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt09754
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08731368
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01110884
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0296
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0296
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt08731368
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05486736
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02442339
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0728845
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt063694
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt09754
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08731368
IRS990ScheduleA/TotalSupportAmt08731664
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/ExpensesSubtotalAmt03562868
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt023338
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/RevenueSubtotalAmt06597620
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COMMONLIT, INC. 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.COMMONLITS FEDERAL FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THE THREE YEARS AFTER IT IS FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Footnote for uncertain tax position under FIN 48 (Part X)
IRS990ScheduleD/TotalBookValueOtherAssetsAmt023338
IRS990ScheduleD/TotalExpensesPerForm990Amt03562868
IRS990ScheduleD/TotalRevenuePerForm990Amt06597620
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06597620
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03562868
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt02
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0233578
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0NORTH AMERICA NOT THE UNITED STATES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0EDUCATIONAL PROGRAMS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt02
IRS990ScheduleF/SubtotalSpentAmt0233578
IRS990ScheduleF/TotalEmployeeCnt02
IRS990ScheduleF/TotalSpentAmt0233578
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-82200
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0RAISE FOR GOOD LLC
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt082200
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt01370 WASHINGTON STREET STE 5
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0SAN FRANCISCO
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd094109
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/TotalNetToOrganizationAmt0-82200
IRS990ScheduleG/TotalRetainedByContractorsAmt082200
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MICHELLE BROWN AND PATRICK BROWN ARE MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMMONLIT DELEGATED CONTROL OVER SOME MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES TO RUBINO AND COMPANY, CHARTERED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATIONS 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/ExplanationTxt3COMMONLITS 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 2018, NO CONFLICTS OF INTEREST WERE IDENTIFIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CEO COMPENSATION IS SET THROUGH A TWO-STEP PROCESS. FIRST, A SUBCOMMITTEE OF INDEPENDENT DIRECTORS ANALYZES COMPENSATION OF CEOS AT PEER AND COMPARABLE ENTITIES, AND PRESENTS A RECOMMENDATION TO THE FULL BOARD OF DIRECTORS. SECOND, THE FULL BOARD OF DIRECTORS DELIBERATES AND VOTES ON THE RECOMMENDATION. THE CEO IS TOTALLY RECUSED FROM THE PROCESS, INCLUDING ALL DISCUSSIONS AND ALL VOTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD GOES THROUGH THE PROCESS TO SET OFFICERS SALARIES, BASED ON MARKET SALARY INFORMATION AND PREVIOUS COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL INFORMATION WILL BE PROVIDED UPON REQUEST AND APPROVAL OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROGRAMCONTRACT EXPENSES $406,949
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Management duties delegation Part VI line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0DC
IRS990/StatesWhereCopyOfReturnIsFldCd1MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0143952
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02753874
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0575952
IRS990/TotalAssetsEOYAmt03670546
IRS990/TotalAssetsGrp/BOYAmt0575952
IRS990/TotalAssetsGrp/EOYAmt03670546
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt05496736
IRS990/TotalEmployeeCnt038
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt087836
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0612408
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02862624
IRS990/TotalFunctionalExpensesGrp/TotalAmt03562868
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0128645
IRS990/TotalLiabilitiesEOYAmt0188487
IRS990/TotalLiabilitiesGrp/BOYAmt0128645
IRS990/TotalLiabilitiesGrp/EOYAmt0188487
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0447307
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03482059
IRS990/TotalOtherCompensationAmt04795
IRS990/TotalProgramServiceExpensesAmt02862624
IRS990/TotalProgramServiceRevenueAmt01100884
IRS990/TotalReportableCompFromOrgAmt0349541
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01100884
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06597620
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0575952
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03670546
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt04599
IRS990/TravelGrp/ManagementAndGeneralAmt019081

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,670,546
Liabilities
$188,487
Net assets
$3,482,059
Revenue
$6,597,620
Expenses
$3,562,868
Net income
$3,034,752
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