Civic Intelligence

Black Education Strategy Roundtable

990 • Fiscal year 2020 • EIN 46-4958126

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

33530 1st Way S STE 102Federal Way, WA 98003-7332

(206) 682-6704

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

29th percentile

0.00x

Higher debt load relative to revenue than 29% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

92nd percentile

57%

Higher net margin than 92% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

88th percentile

$104,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 19.4% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

96th percentile

281%

Faster asset growth than 96% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

90th percentile

77%

Faster revenue growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$413,773

Up $305,116 (+281%) from 2019

Net Assets

Up

$412,910

Up $305,306 (+284%) from 2019

Liabilities

Down

$863

Down $190 (-18%) from 2019

Revenue

Up

$537,109

Up $233,883 (+77%) from 2019

Expenses

Down

$231,803

Down $19,821 (-7.9%) from 2019

Net Income

Up

$305,306

Up $253,704 (+492%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2015: $89,704Net Assets 2015: $89,7042015Assets 2016: $388,807Liabilities 2016: $16,500Net Assets 2016: $372,3072016Assets 2017: $81,708Liabilities 2017: $5,558Net Assets 2017: $76,1502017Assets 2018: $56,432Liabilities 2018: $430Net Assets 2018: $56,0022018Assets 2019: $108,657Liabilities 2019: $1,053Net Assets 2019: $107,6042019Assets 2020: $413,773Liabilities 2020: $863Net Assets 2020: $412,9102020Assets 2021: $682,438Liabilities 2021: $2,703Net Assets 2021: $679,7352021Assets 2022: $466,781Liabilities 2022: $4,678Net Assets 2022: $462,1032022Assets 2023: $318,571Liabilities 2023: $02023Assets 2024: $206,916Liabilities 2024: $0Net Assets 2024: $206,9162024

Highlighted filing

2020

Assets$413,773
Liabilities$863
Net Assets$412,910

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $192,684Expenses 2015: $273,309Net Income 2015: -$80,6252015Revenue 2016: $437,302Expenses 2016: $154,699Net Income 2016: $282,6032016Revenue 2017: $35,077Expenses 2017: $333,262Net Income 2017: -$298,1852017Revenue 2018: $284,926Expenses 2018: $309,686Net Income 2018: -$24,7602018Revenue 2019: $303,226Expenses 2019: $251,624Net Income 2019: $51,6022019Revenue 2020: $537,109Expenses 2020: $231,803Net Income 2020: $305,3062020Revenue 2021: $497,337Expenses 2021: $230,512Net Income 2021: $266,8252021Revenue 2022: $152,071Expenses 2022: $369,703Net Income 2022: -$217,6322022Revenue 2023: $126,900Expenses 2023: $270,432Net Income 2023: -$143,5322023Revenue 2024: $173,810Expenses 2024: $285,645Net Income 2024: -$111,8352024

Highlighted filing

2020

Revenue$537,109
Expenses$231,803
Net Income$305,306
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$537,109
Mission and Program Overview

Mission

The black education strategy roundtable is a charitable organization that advocates for adoption and implementation of policies, programs, and practices that are intended and expected

To achieve systematic changes in education that result in excellence and equity for Black/African American students at all levels of the education continuum and raise the bar for all students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$108,657$413,773▲ $305,116
Total Assets$108,657$413,773▲ $305,116
Liabilities
Accounts Payable and Accrued Expenses$1,053$863▼ $190
Total Liabilities$1,053$863▼ $190
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$107,604$412,910▲ $305,306
Total Net Assets Fund Balance$107,604$412,910▲ $305,306
Total Liabilities and Net Assets / Fund Balance$108,657$413,773▲ $305,116
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Stephen SmithExecutive DirectorFT$104,000$104,000

Board Members and Trustees

NameTitle
Lyle QuasimBoard Chair
Al HerronDirector
Carlina Brown-BanksDirector
JR NoblesDirector
James SmithDirector
Rev Don DavisDirector
Shirline WilsonDirector
Twina NoblesDirector
Annette AndersonSecretary
Kevin WashingtonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$537,103
Program Service Revenue
$0
Investment Income
$6
Other Revenue
$0
All Other Contributions
$536,551
Change in Net Assets
$305,306
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$191,385
Other Expenses$40,418
Total Fundraising Expense$10,489
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$33,426$43,772$2,388$79,586
Other Salaries and Wages$24,215$31,710$1,729$57,654
Payroll Taxes$22,741$29,780$1,624$54,145
Occupancy$6,925$9,069$495$16,489
Fees for Services Accounting-$4,843-$4,843
Conferences and Meetings$4,235--$4,235
Insurance-$3,678-$3,678
Information Technology$80$106$2,828$3,014
All Other Expenses$274$1,978-$2,252
Fees for Services Other$250-$1,425$1,675
Advertising$1,610--$1,610
Office Expenses$159$1,259-$1,418
Travel-$1,204-$1,204
Total Functional Expenses$93,915$127,399$10,489$231,803
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
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

Officer directors etc family relationship Part VI line 2

JR Nobles and Twina Nobles married after their appointments to the board.

Members or stockholder classes and rights Part VI line 6

Individual, Family, Senior Member (65 and above), Student Member, Organization Member, and Corporate Sponsorship.

Form 990 governing body review Part VI line 11

The Board did not review the 990 prior to submission.

Conflict of interest policy compliance Part VI line 12C

We review any contract we enter or business we utilize for connection with staff or board members. If a potential conflict is found, we address it with the person and take action to eliminate the conflict, such as not entering a contract or the person with the potential conflict recuses themselves from all discussions and actions regarding the contract or business.

Governing documents etc available to public Part VI line 19

Form 990 and governing documents are made available to the public by request.

Filing and Contact Details

Filer

Filer Name
Black Education Strategy Roundtable
EIN
46-4958126
Address
33530 1st Way S STE 102, Federal Way, WA 98003-7332

Signing Officer

Name
Stephen Smith
Title
Executive Direc
Phone
2532370775
Signed
2021-11-12
Discuss with paid preparer
No

Organization Details

Principal Officer
Stephen Smith
Formed
2014
Legal Domicile
Wa
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
25

Preparer

Firm
Landon Accounting
Address
6516 W Crestview Loop SE, Snoqualmie, WA 98065
Preparer
Duane Landon CPA
Phone
4252142460
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board did not review the 990 prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3We review any contract we enter or business we utilize for connection with staff or board members. If a potential conflict is found, we address it with the person and take action to eliminate the conflict, such as not entering a contract or the person with the potential conflict recuses themselves from all discussions and actions regarding the contract or business.
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