Civic Intelligence

Learning Policy Institute

990 • Fiscal year 2018 • EIN 47-2772048

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 04, 2019

1530 Page Mill Road No 200Palo Alto, CA 94304-1140

(650) 332-9797

Siviq Scores

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

Liabilities / Assets

36th percentile

0.10x

Higher debt load relative to assets than 36% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

24th percentile

0.08x

Higher debt load relative to revenue than 24% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

81st percentile

25%

Higher net margin than 81% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

89th percentile

$468,957

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

93rd percentile

44%

Faster asset growth than 93% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

84th percentile

33%

Faster revenue growth than 84% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$10,955,571

Up $3,342,768 (+44%) from 2017

Net Assets

Up

$9,886,248

Up $3,416,814 (+53%) from 2017

Liabilities

Down

$1,069,323

Down $74,046 (-6.5%) from 2017

Revenue

Up

$13,696,550

Up $3,359,561 (+33%) from 2017

Expenses

Up

$10,279,736

Up $1,023,355 (+11%) from 2017

Net Income

Up

$3,416,814

Up $2,336,206 (+216%) from 2017

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2015: $2,620,992Liabilities 2015: $465,058Net Assets 2015: $2,155,9342015Assets 2016: $6,160,684Liabilities 2016: $771,858Net Assets 2016: $5,388,8262016Assets 2017: $7,612,803Liabilities 2017: $1,143,369Net Assets 2017: $6,469,4342017Assets 2018: $10,955,571Liabilities 2018: $1,069,323Net Assets 2018: $9,886,2482018Assets 2019: $16,846,506Liabilities 2019: $1,347,691Net Assets 2019: $15,498,8152019Assets 2020: $13,745,414Liabilities 2020: $1,940,197Net Assets 2020: $11,805,2172020Assets 2021: $14,081,689Liabilities 2021: $2,199,688Net Assets 2021: $11,882,0012021Assets 2022: $34,634,628Liabilities 2022: $6,905,839Net Assets 2022: $27,728,7892022Assets 2023: $41,618,767Liabilities 2023: $6,114,772Net Assets 2023: $35,503,9952023Assets 2024: $35,777,788Liabilities 2024: $5,219,035Net Assets 2024: $30,558,7532024

Highlighted filing

2018

Assets$10,955,571
Liabilities$1,069,323
Net Assets$9,886,248

Operations Trend

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

$40M$30M$20M$10M$0-$10MRevenue 2015: $6,277,416Expenses 2015: $4,121,482Net Income 2015: $2,155,9342015Revenue 2016: $10,787,828Expenses 2016: $7,554,935Net Income 2016: $3,232,8932016Revenue 2017: $10,336,989Expenses 2017: $9,256,381Net Income 2017: $1,080,6082017Revenue 2018: $13,696,550Expenses 2018: $10,279,736Net Income 2018: $3,416,8142018Revenue 2019: $19,145,345Expenses 2019: $13,532,778Net Income 2019: $5,612,5672019Revenue 2020: $11,000,361Expenses 2020: $14,693,959Net Income 2020: -$3,693,5982020Revenue 2021: $13,855,594Expenses 2021: $13,778,810Net Income 2021: $76,7842021Revenue 2022: $30,062,980Expenses 2022: $14,216,192Net Income 2022: $15,846,7882022Revenue 2023: $20,333,938Expenses 2023: $14,560,465Net Income 2023: $5,773,4732023Revenue 2024: $10,514,616Expenses 2024: $16,502,674Net Income 2024: -$5,988,0582024

Highlighted filing

2018

Revenue$13,696,550
Expenses$10,279,736
Net Income$3,416,814
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 4, 2019
Return Version
2018v3.1
Gross Receipts
$13,696,550
Mission and Program Overview

Mission

Conducting and disseminating independent, high-quality research to improve learning for each and every child. Nonprofit and nonpartisan, the Institute connects policymakers and stakeholders at the local, state, and federal level with the evidence, ideas, and actions needed to strengthen the education system from preschool through college and career readiness.

The conduct of independent, high-quality research to improve learning for each and every child.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,635,452$4,105,606▼ $529,846
Pledges and Grants Receivable$2,443,988$4,061,186▲ $1,617,198
Savings and Temporary Cash Investments-$1,000,972-
Land, Buildings, and Equipment, Net$63,347$38,861▼ $24,486
Prepaid Expenses and Deferred Charges$1,001$11,320▲ $10,319
Total Assets$7,612,803$10,955,571▲ $3,342,768
Other Assets Total$469,015$1,737,626▲ $1,268,611
Liabilities
Other Liabilities$971,751$948,651▼ $23,100
Accounts Payable and Accrued Expenses$171,618$120,672▼ $50,946
Total Liabilities$1,143,369$1,069,323▼ $74,046
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,043,376$7,161,561▲ $3,118,185
Unrestricted Net Assets$2,426,058$2,724,687▲ $298,629
Total Net Assets Fund Balance$6,469,434$9,886,248▲ $3,416,814
Total Liabilities and Net Assets / Fund Balance$7,612,803$10,955,571▲ $3,342,768

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$26,916$67,544$94,460
Equipment$11,945$18,886$30,831
Other Assets Org$1,250,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda Darling-HammondDirector,CEOFT$413,900$55,057$468,957
Patrick ShieldsExecutive DirectorFT$324,673$35,092$359,765
Jeff KumatakaCFOFT$196,506$41,348$237,854
Peter RossDirector Strategic InitiativesFT$187,688$32,904$220,592
Marjorie WechslerResearchFT$194,078$11,645$205,723
DeAnna Duncan GrandDirector of DevelopmentFT$171,092$23,913$195,005
Gretchen WrightDirector CommsFT$159,241$25,354$184,595
Jessica CardichonDirector DC OfficeFT$146,523$22,331$168,854

Board Members and Trustees

NameTitle
Susan SandlerBoard Chair
David LyonBoard Treasurer
Barbara ChowDirector
David RattrayDirector
Kris D GutierrezDirector
Liz SimonsDirector
Sherrilyn IfillDirector
Stephan TurnipseedDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
DentonsRent for Palo Alto office1221 Avenue of the Americas, New York, NY 10020$664,346
Shorenstein Realty ServicesRent for DC office235 Montgomery St 14th Floor, San Francisco, CA 94104$190,201
Oakes JeannieConsultant1300 Camino de Cruz Blanca, Sante Fe, NM 87505$165,374
EducationCounsel LLPStrategy ConsultantPO Box 11070, Columbia, SC 29211$120,000
Revenue and Support

Revenue Composition

Contributions and Grants
$13,638,799
Program Service Revenue
$22,234
Investment Income
$35,517
Other Revenue
$0
All Other Contributions
$13,638,799
Change in Net Assets
$3,416,814

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,696,550
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$5,270,291
Total Revenue per Audited Statements
$18,966,841
Total Revenue per Form 990
$13,696,550
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,608,732
Other Expenses$3,081,004
Grants and Similar Amounts Paid$590,000
Total Fundraising Expense$140,888
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,778,993$575,510$85,954$4,440,457
Fees for Services Other$1,072,873$7,361$1,699$1,081,933
Current Officers, Directors, Trustees, and Key Employees$728,968$323,539$14,069$1,066,576
Occupancy$646,682$93,537$14,368$754,587
Grants to Domestic Orgs$590,000--$590,000
Other Employee Benefits$418,621$58,018$13,142$489,781
Payroll Taxes$327,145$61,736$3,309$392,190
Travel$231,102$22,587-$253,689
Pension Plan Contributions$188,561$26,702$4,465$219,728
All Other Expenses$138,600$17,350$841$156,791
Other Expenses$55,782$10,626$2,223$66,408
Depreciation Depletion$19,912$3,350$166$23,428
Fees for Services Accounting$17,309$3,128$417$20,854
Insurance$9,735$1,760$235$11,730
Advertising$6,577--$6,577
Interest$2,384--$2,384
Fees for Services Legal-$2,128-$2,128
Total Functional Expenses$8,864,654$1,274,194$140,888$10,279,736

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,279,736
Total Expenses per Audited Statements$10,279,736
Total Expenses per Form 990$10,279,736
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Los Angeles Unified School DistrictLos Angeles, CA-Developing and advancing a shared narrative and deepening the capacity of grassroots partners.$125,000
Oakland Unified School DistrictOakland, CA-To provide LPI with administative data related to performance assessment for learning project$100,000
Advancement ProjectLos Angeles, CA-Developing and advancing a shared narrative and deepening the capacity of grassroots partners. Developing and advancing a shared narrative and deepening the capacity of grassroots partners. Developing and advancing a shared narrative and deepening the capacity of grassroots partners. Developing and advancing a shared narrative and deepening the capacity of grassroots partners.$80,000
Californians for JusticeSan Jose, CA-To advance the goals and priorities identified by the California Partnership for the Future of Learning To advance the goals and priorities identified by the California Partnership for the Future of$80,000
Public Advocates IncSan Francisco, CA-To advance the goals and priorities identified by the California Partnership for the Future of Learning$80,000
Pasadena Unified School DistrictPasadena, CA-To discuss structures and systems to support Granduate Defense implemenation$75,000
American School Counselor AssociationAlexandria, VA-To advance work on building and deepening learning First Allicane Member orgnaizations' membership's understanding of and work to advacne learing and equity To advance work on building and deepening learning First Allicane Member orgnaizations' membership's understanding of and work to advacne learing and equity$10,000
Consortium for School Networking (CoSN)Washington, DC-To advance the goals and priorities identified by the California Partnership for the Future of$10,000
National Association of Secondary School PrincipalsBoston, MA-To advance work on building and deepening learning First Allicane Member orgnaizations' membership's understanding of and work to advance learning and equity$10,000
National Congress of Parents and TeachersAlexandria, VA-To advance work on building and deepening learning First Allicane Member orgnaizations' membership's understanding of and work to advance learning and equity$10,000
National School Boards AssociationAlexandria, VA-To provide LPI with administative data related to performance assessment for learning project$10,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$449,928
Deferred compensation liability$379,797
Deferred Rent$118,926
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
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

Governance Explanations

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

The Form 990 was prepared by a Certified Public Accountant. The prepared Form 990 was forwarded to the Chief Financial Officer for review. Following the review by the CFO, the Form 990 was forwarded to the management team and to all members of the governing Board prior to filing.

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

Each Member of the Board of Directors is required to complete a conflict of interest form. Those forms are reviewed by the Board Chair and any perceived or actual conflicts of interest are addressed.

Form 990, Part VI, Section B, line 15

The Organization has adopted a policy with regard to establishing the compensation of the CEO and the CFO that fulfills the requirements for invoking the rebuttable presumption of reasonableness under Treas. Regs. 53.4958-6. Pursuant to that policy, the process for determining the compensation of the Organization's CEO and CFO included a review and approval by independent persons, a review of comparable compensation data and contemporaneous substantiation of the deliberation and decision making process. The compensation of the other members of the management team was established by the CEO based upon the compensation earned by persons performing like services for like organizations.

Form 990, Part VI, Section C, line 19

The Institute's Form 990 is available upon request. The Institute's governing documents, conflict of interest policy, and financial statements available as required by the State of California and the federal government.

Filing and Contact Details

Filer

Filer Name
Learning Policy Institute
EIN
47-2772048
Phone
6503329797
Address
1530 Page Mill Road No 200, Palo Alto, CA 94304-1140

Signing Officer

Name
Jeff Kumataka
Title
CFO
Phone
6503329733
Signed
2019-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Darling-Hammond
Formed
2014
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
8
Employees
74
Volunteers
8

Preparer

Firm
Tandem LLP
Address
446 Old County Road Suite 100-140, Pacifica, CA 94044
Preparer
Lynn Henley
Phone
6503509805
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Communication Consultants: Program service expenses 119938. Management and general expenses 0. Fundraising expenses 0. Total expenses 119938. Program Consultants: Program service expenses 905374. Management and general expenses 0. Fundraising expenses 0. Total expenses 905374. Other: Program service expenses 47561. Management and general expenses 7361. Fundraising expenses 1699. Total expenses 56621.

Form 990, Part XII, Line 2C:

The process of the audit committee has not changed from the prior year.

Financial Statement Notes

Part X, Line 2:

Income Taxes - The Institute is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Institute has also received recognition of its exempt status from California and Washington D.C. The Institute has applied the accounting principles related to accounting for uncertainty in income taxes and has determined that there is no material impact on the financial statements. The Institute's status as a publicly supported charity is subject to the Internal Revenue Service's (IRS) 5-year look back period which requires a reporting of the Institute's revenue sources through the end of 2019. Failure to meet the criteria for classification as a publicly supported charity could result in the Institute being declared a private foundation. The Institute's management believes that it will satisfy the IRS' required criteria and will be able to maintain its publicly supported charity status. The Institute has applied the acocunting principles related to accounting for uncertainty in income taxes and has determined that there is no material impact on the financial statements. With some exceptions, the Institute is no longer subject to U.S. federal and state income tax examnations by tax authorities for years prior to 2014.

Part XI, Line 2D - Other Adjustments:

Net Grants Included in Temporarily Restricted Assets 5270291.

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IRS990/Desc0In the area of Deeper Learning, LPI conducted and analyzed research and released studies related to: performance assessments, social-emotional learning, and whole child education. LPI also launched a collaborative initiative to encourage the use of performance assessments in college admissions and placements. The studies and the work of the initiative were shared through a variety of channels, including email, traditional media, social media, and a variety of convenings.In the area of Educator Quality, LPI conducted and analyzed research and released studies related to: teacher shortages nationwide and in California, and ways to mitigate them; effective professional development for teachers and school leaders. The studies were shared through a variety of channels, including email, traditional media, social media, and a variety of convenings. LPI also updated an interactive map that provides a state-by-state look at key indicators of teacher supply and demand and equitable distribution of teachers.In the area of Early Childhood Learning, LPI conducted and analyzed research into effective early learning systems, releasing a report and brief on how to improve California's system. They were disseminated through a special event, email, social media, traditional media, and at a variety of convenings. In the area of Equitable Resources and Education, LPI co-sponsored a major event on equity in the United States, and hosted a parallel event on equity in education. The organization also conducted a study and released a report and interactive map on state strategies under the Every Student Succeeds Act to address increase equity, produced two studies on equitable school finance, and conducted research into and produced a study and event examining creating an equitable public school system. The publications and events were promoted through blogs, email, social media, and traditional media.
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IRS990/Form990PartVIISectionAGrp/PersonNm4Sherrilyn Ifill
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IRS990/Form990PartVIISectionAGrp/PersonNm7Liz Simons
IRS990/Form990PartVIISectionAGrp/PersonNm8Barbara Chow
IRS990/Form990PartVIISectionAGrp/PersonNm9Patrick Shields
IRS990/Form990PartVIISectionAGrp/PersonNm10Jeff Kumataka
IRS990/Form990PartVIISectionAGrp/PersonNm11Gretchen Wright
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IRS990/MissionDesc0The Learning Policy Institute conducts and disseminates independent, high-quality research to improve learning for each and every child that supports empowering and equitable learning for each and every child. Nonprofit and nonpartisan, the Institute connects policymakers and stakeholders at the local, state, and federal levels with the evidence, ideas, and actions needed to strengthen the education system from preschool through college and career readiness.
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