Civic Intelligence

Partners for College Affordability & Public Trust

990 • Fiscal year 2016 • EIN 47-2533655

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 13, 2017

Organization ProfileN/A
1050 17th STREETWashington, DC 20036

(757) 490-0161

Siviq Scores

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

Liabilities / Assets

50th percentile

0.04x

Higher debt load relative to assets than 50% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

46th percentile

0.03x

Higher debt load relative to revenue than 46% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

91st percentile

47%

Higher net margin than 91% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

96th percentile

$206,470

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 24.1% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

98th percentile

245%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

95th percentile

145%

Faster revenue growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$598,749

Up $424,974 (+245%) from 2015

Net Assets

Up

$575,601

Up $401,826 (+231%) from 2015

Liabilities

Up

$23,148

Up $23,148 from 2015

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin91st percentile

Revenue

Up

$856,738

Up $506,738 (+145%) from 2015

Expenses

Up

$454,913

Up $278,688 (+158%) from 2015

Net Income

Up

$401,825

Up $228,050 (+131%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$600K$400K$200K$0Assets 2015: $173,775Liabilities 2015: $0Net Assets 2015: $173,7752015Assets 2016: $598,749Liabilities 2016: $23,148Net Assets 2016: $575,6012016Assets 2017: $376,774Liabilities 2017: $20,293Net Assets 2017: $356,4812017Assets 2018: $182,822Liabilities 2018: $14,594Net Assets 2018: $168,2282018Assets 2019: $121,372Liabilities 2019: $9,328Net Assets 2019: $112,0442019Assets 2020: $219,735Liabilities 2020: $2,806Net Assets 2020: $216,9292020Assets 2021: $147,371Liabilities 2021: $726Net Assets 2021: $146,6452021Assets 2022: $164,952Liabilities 2022: $1,928Net Assets 2022: $163,0242022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2016

Assets$598,749
Liabilities$23,148
Net Assets$575,601
Open 2016 Filing

Operations Trend

Revenue Growth95th percentile

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

$1.0M$500K$0-$500KRevenue 2015: $350,000Expenses 2015: $176,225Net Income 2015: $173,7752015Revenue 2016: $856,738Expenses 2016: $454,913Net Income 2016: $401,8252016Revenue 2017: $307,366Expenses 2017: $526,485Net Income 2017: -$219,1192017Revenue 2018: $675,813Expenses 2018: $864,066Net Income 2018: -$188,2532018Revenue 2019: $540,092Expenses 2019: $596,539Net Income 2019: -$56,4472019Revenue 2020: $390,727Expenses 2020: $285,842Net Income 2020: $104,8852020Revenue 2021: $171,000Expenses 2021: $241,515Net Income 2021: -$70,5152021Revenue 2022: $149,246Expenses 2022: $132,867Net Income 2022: $16,3792022Revenue 2023: $2,841Expenses 2023: $177,672Net Income 2023: -$174,8312023

Highlighted filing

2016

Revenue$856,738
Expenses$454,913
Net Income$401,825
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 13, 2017
Return Version
2016v3.0
Gross Receipts
$856,738
Mission and Program Overview

Mission

The mission of Partners For College Affordability and Public Trust is to cultivate affordable academic excellence at America's public colleges and universities.

The mission of Partners 4 Affordable Excellence @EDU is to cultivate affordable academic excellence at America's public colleges and universities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$173,775$575,601▲ $401,826
Savings and Temporary Cash Investments-$500,000-
Cash and Non-Interest-Bearing Accounts$172,675$88,713▼ $83,962
Prepaid Expenses and Deferred Charges$1,100$7,472▲ $6,372
Total Assets$173,775$598,749▲ $424,974
Other Assets Total-$2,564-
Liabilities
Accounts Payable and Accrued Expenses-$23,148-
Total Liabilities$0$23,148▲ $23,148
Net Assets / Fund Balance
Total Net Assets Fund Balance$173,775$575,601▲ $401,826
Total Liabilities and Net Assets / Fund Balance$173,775$598,749▲ $424,974
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles Kolb--$181,470$29,129$210,599
Charles KolbPresident/Sec.FT$206,470-$206,470
James V KochDirectorPT$5,000-$5,000

Board Members and Trustees

NameTitle
Helen E DragasDirector/Chair
Don ZimmermanVice-Chair
Gilbert BlandDirector
Marc GrovicDirector
Richard a DemilloDirector
Marvin W GilliamDirector/Treas.
Revenue and Support

Revenue Composition

Contributions and Grants
$855,273
Program Service Revenue
$0
Investment Income
$1,465
Other Revenue
$0
All Other Contributions
$5,273
Change in Net Assets
$401,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$233,974
Salaries, Compensation, and Employee Benefits$220,939
Total Fundraising Expense$11,706
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$196,146$0$10,323$206,469
Fees for Services Other$180,556$80$0$180,636
Occupancy$12,540$0$660$13,200
Travel$13,027$0$0$13,027
Payroll Taxes$9,824$0$517$10,341
Conferences and Meetings$8,273$0$0$8,273
Advertising$6,645$0$0$6,645
Pension Plan Contributions$3,923$0$206$4,129
Insurance$0$1,372$0$1,372
Fees for Services Legal$1,180$0$0$1,180
Total Functional Expenses$437,161$6,046$11,706$454,913
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
James KochDirectormanagement feesNo$5,000
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 family members
No
Business relationship with organization members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Partners 4 Affordable Excellence Edu
EIN
47-2533655
Phone
7574900161
Address
1050 17th STREET, WASHINGTON, DC 20036

Signing Officer

Name
James Koch
Title
President
Phone
7574900161
Signed
2017-03-13

Organization Details

Principal Officer
James Koch
Formed
2014
Legal Domicile
Dc
Voting Board Members
8
Independent Board Members
5
Employees
1
Volunteers
2
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Form 990 was provided to the Board of Directors for review and approval prior to signing and filing.”

Pt VI, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available for review at the organization's office.”

Pt VI, Line 12C

“Board members are required to disclose any actual or possible conflicts of interest. The Board conducts periodic reviews of compliance.”

Pt VI, Line 15A

“The Board of Directors researches, reviews and considers competitive compensation of top management officials as part of the organization's annual budget preparation and approval process, as well as during compliance reviews.”

Pt VI, Line 15B

“The Board of Directors researches, reviews and considers competitive compensation of other officers and key employees as part of the organization's annual budget preparation and approval process, as well as during compliance reviews.”

Pt XII, Line 1

“The initial year return (2015) incorrectly indicated that the cash basis method was used to prepare Form 990. The 2015 and 2016 returns were both prepared on the accrual basis, consistent with the books of the organization.”

Pt VI, Line 2

“Directors Helen Dragas and Mark Grovic are investors in an unrelated, unaffiliated investment activity.”

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/DirectContactLegislatorsInd0true
IRS990ScheduleC/GrantsOtherOrganizationsInd0false
IRS990ScheduleC/MailingsMembersInd0true
IRS990ScheduleC/MediaAdvertisementsInd0false
IRS990ScheduleC/OtherActivitiesInd0false
IRS990ScheduleC/PaidStaffOrManagementInd0false
IRS990ScheduleC/PublicationsOrBroadcastInd0false
IRS990ScheduleC/RalliesDemonstrationsInd0false
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0Members of the organization's Board of Directors provided ideas & suggestions to state legislators regarding issues of affordability at public colleges & uninversities.
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt1Members of the organization's Board of Directors provided ideas & suggestions to state legislators regarding issues of affordability at public colleges & uninversities.
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt2Members of the organization's Board of Directors met with state legislaors to discuss issues of affordablility at public colleges & universities.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt II-B Line 1
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt II-B Line 1
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt II-B Line 1
IRS990ScheduleC/VolunteersInd0true
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0181470
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount025000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt04129
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHARLES KOLB
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0210599
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JAMES KOCH
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt05000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0management fees
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 was provided to the Board of Directors for review and approval prior to signing and filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization makes its governing documents, conflict of interest policy and financial statements available for review at the organization's office.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board members are required to disclose any actual or possible conflicts of interest. The Board conducts periodic reviews of compliance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of Directors researches, reviews and considers competitive compensation of top management officials as part of the organization's annual budget preparation and approval process, as well as during compliance reviews.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Board of Directors researches, reviews and considers competitive compensation of other officers and key employees as part of the organization's annual budget preparation and approval process, as well as during compliance reviews.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The initial year return (2015) incorrectly indicated that the cash basis method was used to prepare Form 990. The 2015 and 2016 returns were both prepared on the accrual basis, consistent with the books of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Directors Helen Dragas and Mark Grovic are investors in an unrelated, unaffiliated investment activity.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt XII, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 2
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0na
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1na
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0The George & Grace Dragas Family Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Bella Vista Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0541569136
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1272313963
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501 (c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PRIVATE FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PRIVATE FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04538 Bonney Road
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt116104 Colleton Court
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Virginia Beach
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Bristol
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd023462
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd124202
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0The George & Grace Dragas Family Foundation
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1Bella Vista Foundation
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0c
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1c
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$598,749
Liabilities
$23,148
Net assets
$575,601
Revenue
$856,738
Expenses
$454,913
Net income
$401,825
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.03$1.78$1.75
2022Detailed filing. Detailed filing data is available for this year.$1.65$0.02$1.63$1.49$1.33$0.16
2021Detailed filing. Detailed filing data is available for this year.$1.47$0.01$1.47$1.71$2.42$0.71
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.03$2.17$3.91$2.86$1.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.09$1.12$5.40$5.97$0.56
2018Detailed filing. Detailed filing data is available for this year.$1.83$0.15$1.68$6.76$8.64$1.88
2017Summary only. Only limited summary data is available for this year.$3.77$0.20$3.56$3.07$5.26$2.19
2016Detailed filing. Detailed filing data is available for this year.$5.99$0.23$5.76$8.57$4.55$4.02
2015Summary only. Only limited summary data is available for this year.$1.74$0.00$1.74$3.50$1.76$1.74
Peer Organizations

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