Civic Intelligence

Teach the Future Inc.

990EZ • Fiscal year 2017 • EIN 47-3139174

Jan 01, 2017 to Dec 31, 2017 • Filed on May 13, 2018

5300 N Braeswood Blvd S 4 374Houston, TX 77096

(281) 433-4160

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

55th percentile

5.5%

Higher net margin than 55% of similar nonprofits.

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

Top Officer Pay

83rd percentile

$20,178

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 18.5% of source-year revenue.

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

Asset Growth

81st percentile

38%

Faster asset growth than 81% of similar nonprofits.

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

Revenue Growth

95th percentile

150%

Faster revenue growth than 95% of similar nonprofits.

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

Assets

Up

$21,522

Up $5,964 (+38%) from 2016

Net Assets

Up

$21,522

Up $5,964 (+38%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$109,062

Up $65,405 (+150%) from 2016

Expenses

Up

$103,058

Up $53,295 (+107%) from 2016

Net Income

Up

$6,004

Up $12,110 (+198%) from 2016

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2015: $25,566Liabilities 2015: $0Net Assets 2015: $25,5662015Assets 2016: $15,558Liabilities 2016: $0Net Assets 2016: $15,5582016Assets 2017: $21,522Liabilities 2017: $0Net Assets 2017: $21,5222017Assets 2018: $34,438Liabilities 2018: $0Net Assets 2018: $34,4382018Assets 2019: $31,634Liabilities 2019: $0Net Assets 2019: $31,6342019Assets 2020: $84,827Liabilities 2020: $39,495Net Assets 2020: $45,3322020Assets 2022: $122,620Liabilities 2022: $37,729Net Assets 2022: $84,8912022Assets 2023: $53,640Liabilities 2023: $40,994Net Assets 2023: $12,6462023Assets 2024: $78,105Liabilities 2024: $0Net Assets 2024: $78,1052024

Highlighted filing

2017

Assets$21,522
Liabilities$0
Net Assets$21,522

Operations Trend

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

$200K$100K$0-$100KRevenue 2015: $61,580Expenses 2015: $36,014Net Income 2015: $25,5662015Revenue 2016: $43,657Expenses 2016: $49,763Net Income 2016: -$6,1062016Revenue 2017: $109,062Expenses 2017: $103,058Net Income 2017: $6,0042017Revenue 2018: $90,646Expenses 2018: $75,129Net Income 2018: $15,5172018Revenue 2019: $76,885Expenses 2019: $78,802Net Income 2019: -$1,9172019Revenue 2020: $44,394Expenses 2020: $31,765Net Income 2020: $12,6292020Revenue 2022: $78,286Expenses 2022: $54,554Net Income 2022: $23,7322022Revenue 2023: $86,897Expenses 2023: $157,371Net Income 2023: -$70,4742023Revenue 2024: $189,879Expenses 2024: $124,420Net Income 2024: $65,4592024

Highlighted filing

2017

Revenue$109,062
Expenses$103,058
Net Income$6,004
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 13, 2018
Return Version
2017v2.0
Gross Receipts
$109,062
Mission and Program Overview

Mission

Introducing futures thinking to the general public, including students in K-12 schools and colleges.

Program Services

DescriptionGrantsExpenses
Revised the software for the Teach the Future Library; Conducted three teacher workshops; Conducted training for two student summer engagement programs; Conducted an online design competition on the future of education for K-12 students; Various presentations to educators on teaching the future$0$79,774
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter BishopExec DirectorFT$17,956$2,222$20,178
Erica BolBoard Member-$0$995$995
James LeeTreasurer-$0--
Bryan AlexanderBoard Member-$0--
David StaleyBoard Member-$0--
K ay StrongBoard Member-$0--
Mike CourtneyBoard Member-$0--
Pero MicicBoard Member-$0--
Sam MillerBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Teach the Future Inc
EIN
47-3139174
Phone
2814334160
Address
5300 N Braeswood Blvd S 4 374, Houston, TX 77096

Signing Officer

Name
Peter Bishop
Title
Exec Director
Phone
2814334160
Signed
2018-05-13
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Accounting;415|Banking;59|Books;182|Licenses;347|Communication;49|Computer and Internet;2038|Gifts;1811|Insurance;468|Legal;6|Materials;67|Meals;1288|Memberships;120|Office supplies;2676|Parking;77|Registration;1371|Training;875|Travel;17022|Website;2000^Total;30871^

Form 990-EZ, Part I, Line 20

The discrepancy between the actual and calculated fund balances are within $50 of each other. I am actually quite pleased that they came so close. Last year it was more than $3,000. I am not accountant or even a bookkeeper so I hope you will accept this discrepancy which is less than 0.04% of total revenue

Raw XML Appendix196 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Accounting;415|Banking;59|Books;182|Licenses;347|Communication;49|Computer and Internet;2038|Gifts;1811|Insurance;468|Legal;6|Materials;67|Meals;1288|Memberships;120|Office supplies;2676|Parking;77|Registration;1371|Training;875|Travel;17022|Website;2000^Total;30871^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The discrepancy between the actual and calculated fund balances are within $50 of each other. I am actually quite pleased that they came so close. Last year it was more than $3,000. I am not accountant or even a bookkeeper so I hope you will accept this discrepancy which is less than 0.04% of total revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Peter Bishop
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Exec Director
ReturnHeader/BusinessOfficerGrp/PhoneNum02814334160
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEACH THE FUTURE INC
ReturnHeader/Filer/BusinessNameControlTxt0TEAC
ReturnHeader/Filer/EIN0473139174
ReturnHeader/Filer/PhoneNum02814334160
ReturnHeader/Filer/USAddress/AddressLine1Txt05300 N Braeswood Blvd S 4 374
ReturnHeader/Filer/USAddress/CityNm0Houston
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077096
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt099.23.37.21
ReturnHeader/ReturnTs02018-05-13T14:46:42-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings