Civic Intelligence

Digital Promise Global

990 • Fiscal year 2015 • EIN 46-5460594

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 02, 2016

1001 Connecticut Avenue NW 830Washington, DC 20036

(202) 450-3675

Siviq Scores

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

Liabilities / Assets

44th percentile

0.07x

Higher debt load relative to assets than 44% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

41st percentile

0.07x

Higher debt load relative to revenue than 41% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

98th percentile

88%

Higher net margin than 98% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$1,593,740

No earlier filing loaded for comparison.

Net Assets

$1,482,732

No earlier filing loaded for comparison.

Liabilities

$111,008

No earlier filing loaded for comparison.

Revenue

$1,594,785

No earlier filing loaded for comparison.

Expenses

$195,524

No earlier filing loaded for comparison.

Net Income

$1,399,261

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2015: $1,593,740Liabilities 2015: $111,008Net Assets 2015: $1,482,7322015Assets 2016: $2,226,517Liabilities 2016: $547,564Net Assets 2016: $1,678,9532016Assets 2017: $10,004,888Liabilities 2017: $958,518Net Assets 2017: $9,046,3702017Assets 2018: $8,743,095Liabilities 2018: $1,272,231Net Assets 2018: $7,470,8642018Assets 2019: $109,421,120Liabilities 2019: $94,947,560Net Assets 2019: $14,473,5602019Assets 2020: $135,056,040Liabilities 2020: $117,870,762Net Assets 2020: $17,185,2782020Assets 2021: $123,728,620Liabilities 2021: $94,742,110Net Assets 2021: $28,986,5102021Assets 2022: $138,178,500Liabilities 2022: $91,660,417Net Assets 2022: $46,518,0832022Assets 2023: $138,603,497Liabilities 2023: $94,000,077Net Assets 2023: $44,603,4202023Assets 2024: $141,162,892Liabilities 2024: $98,606,582Net Assets 2024: $42,556,3102024

Highlighted filing

2015

Assets$1,593,740
Liabilities$111,008
Net Assets$1,482,732

Operations Trend

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

$100M$50M$0-$50MRevenue 2015: $1,594,785Expenses 2015: $195,524Net Income 2015: $1,399,2612015Revenue 2016: $2,300,437Expenses 2016: $2,104,216Net Income 2016: $196,2212016Revenue 2017: $10,944,779Expenses 2017: $3,575,808Net Income 2017: $7,368,9712017Revenue 2018: $4,409,439Expenses 2018: $5,984,783Net Income 2018: -$1,575,3442018Revenue 2019: $9,061,198Expenses 2019: $10,487,348Net Income 2019: -$1,426,1502019Revenue 2020: $67,375,280Expenses 2020: $65,374,247Net Income 2020: $2,001,0332020Revenue 2021: $89,291,301Expenses 2021: $77,486,702Net Income 2021: $11,804,5992021Revenue 2022: $75,557,758Expenses 2022: $58,878,377Net Income 2022: $16,679,3812022Revenue 2023: $58,156,466Expenses 2023: $60,916,808Net Income 2023: -$2,760,3422023Revenue 2024: $66,817,083Expenses 2024: $69,038,579Net Income 2024: -$2,221,4962024

Highlighted filing

2015

Revenue$1,594,785
Expenses$195,524
Net Income$1,399,261
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 2, 2016
Return Version
2015v2.1
Gross Receipts
$1,594,785
Mission and Program Overview

Mission

Digital promise global's mission is to accelerate innovation in education to improve opportunities to learn. Our work reflects the vision that all people, regardless of nationality, should have access to learning experiences that help them acquire the knowledge and skills they need to thrive and continuously learn in an interconnected world. We seek to find, create, and facilitate examples of excellence in education that can be replicated around the world.

To improve the opportunity to learn for all students across the globe through technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$104,978$966,548▲ $861,570
Pledges and Grants Receivable$0$627,192▲ $627,192
Total Assets$104,978$1,593,740▲ $1,488,762
Liabilities
Accounts Payable and Accrued Expenses$21,507$111,008▲ $89,501
Total Liabilities$21,507$111,008▲ $89,501
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$1,415,352-
Unrestricted Net Assets$83,471$67,380▼ $16,091
Total Net Assets Fund Balance$83,471$1,482,732▲ $1,399,261
Total Liabilities and Net Assets / Fund Balance$104,978$1,593,740▲ $1,488,762
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Eamon KellyChair
Karen CatorPresident and CEO
Kathryn Petrillo-smithCOO, Sec., Treasurer
Dr Anthony JacksonMember
Dr Linda RobertsMember
Mr Michael TrucanoMember
Revenue and Support

Revenue Composition

Contributions and Grants
$1,529,765
Program Service Revenue
$65,020
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,529,765
Change in Net Assets
$1,399,261

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,594,785
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$285,826
Total Revenue per Audited Statements
$1,880,611
Total Revenue per Form 990
$1,594,785
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$171,354
Other Expenses$24,170
Total Fundraising Expense$3,400
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$136,576$2,152$3,400$142,128
Other Employee Benefits$16,676--$16,676
Travel$12,015$731-$12,746
Payroll Taxes$9,485--$9,485
Occupancy$5,148$52-$5,200
Fees for Services Other$3,450--$3,450
Pension Plan Contributions$3,065--$3,065
Fees for Services Legal-$990-$990
Fees for Services Management-$600-$600
Other Expenses$299$555-$299
Office Expenses-$275-$275
Conferences and Meetings-$55-$55
Total Functional Expenses$186,714$5,410$3,400$195,524

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$481,350
Expenses Not Reported on Form 990$285,826
Expenses per Audited Statements$195,524
Total Expenses per Form 990$195,524
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
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 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 B, Line 11

Explanation: the full board will review the form 990 and vote to approve or modify.

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

Annually (in q4) all staff and board members are sent a list of all contributors and vendors of $5,000 or more and the conflict of interest policy. Staff and board members are asked to review the policy and the list of contributors and vendors. They are then asked to email the chief operating officer indicating that they have read and reviewed the policy and indicate whether or not they have any conflicts that need to be disclosed.

Form 990, Part VI, Section C, Line 19

Explanation: documents are available on our website, guidestar and the website of the california secretary of state/attorney general website. Governing documents are also available by e-mail request.

Filing and Contact Details

Filer

Filer Name
Digital Promise Global
EIN
46-5460594
Phone
2024503675
Address
1001 CONNECTICUT AVENUE NW 830, WASHINGTON, DC 20036

Signing Officer

Name
Karen Cator
Title
CEO and President
Phone
2024503675
Signed
2016-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Cator
Formed
2013
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
17

Preparer

Firm
Councilor Buchanan & Mitchell Pc
Address
7910 WOODMONT AVENUE SUITE 500, BETHESDA, MD 20814
Preparer
Holly Caporale
Phone
3019860600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Explanation: the organization requires that a tax position be recognized or derecognized based on a "more-likely-than-not" threshold. This applies to positions taken or expected to be taken in a tax return. The organization does not believe its financial statements include, or reflect, any uncertain tax positions. The organization's form 990 is generally subject to examination by the taxing authorities for three years after filing.

Raw XML Appendix351 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/Desc0LEARNER POSITIONING SYSTEM: LEARNER POSITIONING SYSTEMS (LPS) IS BRINGING TOGETHER LEADING RESEARCHERS ACROSS NEUROSCIENCE, COGNITIVE SCIENCE AND SOCIAL-EMOTIONAL LEARNING FIELDS WITH INNOVATIVE DEVELOPERS AND PRACTITIONERS TO EXPLORE AND DESIGN NEW MODELS FOR RESEARCH-BASED PERSONALIZATION OF LEARNING. OUR WORK BUILDS BRIDGES BETWEEN DIFFERENT SECTORS TO DEVELOP MODELS THAT REPRESENT THE FULL DIVERSITY OF LEARNERS, CONNECT RESEARCH TO PRACTICE, AND ELEVATE STORIES TO INSPIRE ACTION.
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IRS990/MissionDesc0DIGITAL PROMISE GLOBAL'S MISSION IS TO ACCELERATE INNOVATION IN EDUCATION TO IMPROVE OPPORTUNITIES TO LEARN. OUR WORK REFLECTS THE VISION THAT ALL PEOPLE, REGARDLESS OF NATIONALITY, SHOULD HAVE ACCESS TO LEARNING EXPERIENCES THAT HELP THEM ACQUIRE THE KNOWLEDGE AND SKILLS THEY NEED TO THRIVE AND CONTINUOUSLY LEARN IN AN INTERCONNECTED WORLD. WE SEEK TO FIND, CREATE, AND FACILITATE EXAMPLES OF EXCELLENCE IN EDUCATION THAT CAN BE REPLICATED AROUND THE WORLD.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EXPLANATION: THE ORGANIZATION REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S FORM 990 IS GENERALLY SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES FOR THREE YEARS AFTER FILING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt0195524
IRS990ScheduleD/TotalRevenuePerForm990Amt01594785
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01880611
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0481350
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPLANATION: THE FULL BOARD WILL REVIEW THE FORM 990 AND VOTE TO APPROVE OR MODIFY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY (IN Q4) ALL STAFF AND BOARD MEMBERS ARE SENT A LIST OF ALL CONTRIBUTORS AND VENDORS OF $5,000 OR MORE AND THE CONFLICT OF INTEREST POLICY. STAFF AND BOARD MEMBERS ARE ASKED TO REVIEW THE POLICY AND THE LIST OF CONTRIBUTORS AND VENDORS. THEY ARE THEN ASKED TO EMAIL THE CHIEF OPERATING OFFICER INDICATING THAT THEY HAVE READ AND REVIEWED THE POLICY AND INDICATE WHETHER OR NOT THEY HAVE ANY CONFLICTS THAT NEED TO BE DISCLOSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPLANATION: DOCUMENTS ARE AVAILABLE ON OUR WEBSITE, GUIDESTAR AND THE WEBSITE OF THE CALIFORNIA SECRETARY OF STATE/ATTORNEY GENERAL WEBSITE. GOVERNING DOCUMENTS ARE ALSO AVAILABLE BY E-MAIL REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01415352
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0104978
IRS990/TotalAssetsEOYAmt01593740
IRS990/TotalAssetsGrp/BOYAmt0104978
IRS990/TotalAssetsGrp/EOYAmt01593740
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01529765
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03400
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05410
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0186714
IRS990/TotalFunctionalExpensesGrp/TotalAmt0195524
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt021507
IRS990/TotalLiabilitiesEOYAmt0111008
IRS990/TotalLiabilitiesGrp/BOYAmt021507
IRS990/TotalLiabilitiesGrp/EOYAmt0111008
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt083471
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01482732
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0186714
IRS990/TotalProgramServiceRevenueAmt065020
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt065020
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01594785
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt017
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0104978
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01593740
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0731
IRS990/TravelGrp/ProgramServicesAmt012015
IRS990/TravelGrp/TotalAmt012746
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt083471
IRS990/UnrestrictedNetAssetsGrp/EOYAmt067380
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01001 CONNECTICUT AVENUE NW 830
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020036
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0HTTP://DIGITALPROMISE.ORG/INITIATIVE/GLOBAL/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN CATOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO AND PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02024503675
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DIGITAL PROMISE GLOBAL
ReturnHeader/Filer/BusinessNameControlTxt0DIGI
ReturnHeader/Filer/EIN0465460594
ReturnHeader/Filer/PhoneNum02024503675
ReturnHeader/Filer/USAddress/AddressLine1Txt01001 CONNECTICUT AVENUE NW 830
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020036
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521711839
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COUNCILOR BUCHANAN & MITCHELL PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07910 WOODMONT AVENUE SUITE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020814
ReturnHeader/PreparerPersonGrp/PhoneNum03019860600
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOLLY CAPORALE
ReturnHeader/ReturnTs02016-11-07T16:17:08-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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