Civic Intelligence

Learning2

990 • Fiscal year 2017 • EIN 47-2997315

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

1949 8th Avenue WestSeattle, WA 98119-1455

(206) 659-9410

Siviq Scores

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

Liabilities / Assets

86th percentile

0.33x

Higher debt load relative to assets than 86% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

0.24x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

43rd percentile

0.4%

Higher net margin than 43% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

80th percentile

$10,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

81st percentile

39%

Faster asset growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

61st percentile

8.5%

Faster revenue growth than 61% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$161,549

Up $45,400 (+39%) from 2016

Net Assets

Up

$108,132

Up $878 (+0.8%) from 2016

Liabilities

Up

$53,417

Up $44,522 (+501%) from 2016

Revenue

Up

$223,560

Up $17,442 (+8.5%) from 2016

Expenses

Up

$222,682

Up $27,242 (+14%) from 2016

Net Income

Down

$878

Down $9,800 (-92%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2015: $114,185Liabilities 2015: $17,609Net Assets 2015: $96,5762015Assets 2016: $116,149Liabilities 2016: $8,895Net Assets 2016: $107,2542016Assets 2017: $161,549Liabilities 2017: $53,417Net Assets 2017: $108,1322017Assets 2018: $151,037Liabilities 2018: $35,774Net Assets 2018: $115,2632018Assets 2019: $99,807Liabilities 2019: $24,967Net Assets 2019: $74,8402019Assets 2020: $55,858Liabilities 2020: $11,549Net Assets 2020: $44,3092020Assets 2021: $47,531Liabilities 2021: $8,846Net Assets 2021: $38,6852021Assets 2022: $40,765Liabilities 2022: $1372022Assets 2023: $68,096Liabilities 2023: $9,5942023

Highlighted filing

2017

Assets$161,549
Liabilities$53,417
Net Assets$108,132

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2015: $233,758Expenses 2015: $137,182Net Income 2015: $96,5762015Revenue 2016: $206,118Expenses 2016: $195,440Net Income 2016: $10,6782016Revenue 2017: $223,560Expenses 2017: $222,682Net Income 2017: $8782017Revenue 2018: $220,864Expenses 2018: $213,733Net Income 2018: $7,1312018Revenue 2019: $107,048Expenses 2019: $147,471Net Income 2019: -$40,4232019Revenue 2020: $8,671Expenses 2020: $39,202Net Income 2020: -$30,5312020Revenue 2021: $4,052Expenses 2021: $9,676Net Income 2021: -$5,6242021Revenue 2022: $16,619Expenses 2022: $14,676Net Income 2022: $1,9432022Revenue 2023: $70,249Expenses 2023: $52,375Net Income 2023: $17,8742023

Highlighted filing

2017

Revenue$223,560
Expenses$222,682
Net Income$878
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.3
Gross Receipts
$223,560
Mission and Program Overview

Mission

Learning2's mission is to innovate social learning globally.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$105,321$128,106▲ $22,785
Accounts Receivable$0$22,615▲ $22,615
Intangible Assets$10,828$10,828→ $0
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$116,149$161,549▲ $45,400
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$4,892$45,801▲ $40,909
Deferred Revenue$4,003$7,616▲ $3,613
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$8,895$53,417▲ $44,522
Net Assets / Fund Balance
Unrestricted Net Assets$107,254$108,132▲ $878
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$107,254$108,132▲ $878
Total Liabilities and Net Assets / Fund Balance$116,149$161,549▲ $45,400
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Madeleine BrookesExecutive DirectorFT-$10,000$10,000
Simon MayDirector--$10,000$10,000
Jeffery UtechtTreasurer-$500-$500
Kim CofinoSecretary-$500-$500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$14,161
Program Service Revenue
$208,944
Investment Income
$0
Other Revenue
$455
All Other Contributions
$14,161
Change in Net Assets
$878
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$186,856
Salaries, Compensation, and Employee Benefits$33,326
Grants and Similar Amounts Paid$2,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$51,534$3,016-$54,550
Current Officers, Directors, Trustees, and Key Employees$21,000--$21,000
Office Expenses$6,654$9,948-$16,602
Fees for Services Accounting-$15,483-$15,483
Other Salaries and Wages$12,050--$12,050
Advertising$12,022--$12,022
Fees for Services Other$6,444--$6,444
Information Technology-$3,441-$3,441
Insurance-$3,217-$3,217
Fees for Services Legal-$2,611-$2,611
Foreign Grants$2,500--$2,500
Payroll Taxes$276--$276
Other Expenses$24,450$10-$10
Total Functional Expenses$184,956$37,726$0$222,682
International Activity

International Summary

Offices
0
Employees
7
Spending
$155,638

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
South AsiaProgram ServicesConference05$103,188
Europe (Including Iceland and Greenland)Program ServicesConference02$52,450
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 12C

Each director and officer shall periodically sign a statement that affirms such person: a) Has received a copy of the conflict of interest policy, b) Has read and understands the policy, c) Has agreed to comply with the policy, and d) Understands that the Nonprofit is a charitable organization and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Section C, Line 19

The documents are made available upon request.

Form 990, Part VII

Simon May, Board of Directors member, and Madeleine Brookes, Executive Director, who are not US citzens, received compensation of $10,000 each for consultancy fees related to a conference in Asia.

Filing and Contact Details

Filer

Filer Name
Learning2
EIN
47-2997315
In Care Of
% BADER MARTIN PS
Phone
2066599410
Address
1949 8th Avenue West, SEATTLE, WA 98119-1455

Signing Officer

Name
Kim Cofino
Title
Secretary
Phone
2066211900
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim Cofino
Formed
2015
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
6
Employees
2
Volunteers
115

Preparer

Firm
Bader Martin Ps
Address
1000 2ND AVE 34TH FLOOR, SEATTLE, WA 98104-1022
Preparer
Lori L Scott
Phone
2066211900
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IRS990/PayrollTaxesGrp/TotalAmt0276
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0KIM COFINO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0208944
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0208944
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0147308
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0201118
IRS990/PYRevenuesLessExpensesAmt010678
IRS990/PYSalariesCompEmpBnftPaidAmt048132
IRS990/PYTotalExpensesAmt0195440
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0206118
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0878
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0208944
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt014161
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt047548
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt066709
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0208944
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0201118
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0186210
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0596272
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0455
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0455
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0662981
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0223105
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0206118
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0233758
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0662981
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0223560
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0206118
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0233758
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0663436
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt05
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt12
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0103188
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt152450
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1Europe (Including Iceland and Greenland)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0CONFERENCE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1CONFERENCE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Program Services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt07
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0155638
IRS990ScheduleF/TotalEmployeeCnt07
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0155638
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Each director and officer shall periodically sign a statement that affirms such person: a) Has received a copy of the conflict of interest policy, b) Has read and understands the policy, c) Has agreed to comply with the policy, and d) Understands that the Nonprofit is a charitable organization and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Simon May, Board of Directors member, and Madeleine Brookes, Executive Director, who are not US citzens, received compensation of $10,000 each for consultancy fees related to a conference in Asia.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VII
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0116149
IRS990/TotalAssetsEOYAmt0161549
IRS990/TotalAssetsGrp/BOYAmt0116149
IRS990/TotalAssetsGrp/EOYAmt0161549
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt014161
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037726
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0184956
IRS990/TotalFunctionalExpensesGrp/TotalAmt0222682
IRS990/TotalGrossUBIAmt00

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