Civic Intelligence

Lead Liberated

990 • Fiscal year 2017 • EIN 47-4248922

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 16, 2018

2323 BroadwayOakland, CA 94612

(510) 764-3378

Siviq Scores

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

Liabilities / Assets

56th percentile

0.22x

Higher debt load relative to assets than 56% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

51st percentile

0.17x

Higher debt load relative to revenue than 51% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

94th percentile

62%

Higher net margin than 94% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

Score unavailable

No value available

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

Source year 2017

Revenue Growth

Score unavailable

No value available

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

Source year 2017

Assets

$6,069,666

No earlier filing loaded for comparison.

Net Assets

$4,730,963

No earlier filing loaded for comparison.

Liabilities

$1,338,703

No earlier filing loaded for comparison.

Revenue

$7,662,469

No earlier filing loaded for comparison.

Expenses

$2,906,424

No earlier filing loaded for comparison.

Net Income

$4,756,045

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.

$8.0M$6.0M$4.0M$2.0M$0Assets 2017: $6,069,666Liabilities 2017: $1,338,703Net Assets 2017: $4,730,9632017Assets 2018: $3,193,230Liabilities 2018: $445,488Net Assets 2018: $2,747,7422018Assets 2019: $3,583,282Liabilities 2019: $111,685Net Assets 2019: $3,471,5972019Assets 2020: $2,636,381Liabilities 2020: $599,941Net Assets 2020: $2,036,4402020Assets 2021: $1,633,018Liabilities 2021: $297,649Net Assets 2021: $1,335,3692021Assets 2022: $1,479,322Liabilities 2022: $13,532Net Assets 2022: $1,465,7902022Assets 2023: $1,761,999Liabilities 2023: $16,129Net Assets 2023: $1,745,8702023Assets 2024: $1,472,417Liabilities 2024: $68,593Net Assets 2024: $1,403,8242024

Highlighted filing

2017

Assets$6,069,666
Liabilities$1,338,703
Net Assets$4,730,963

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2017: $7,662,469Expenses 2017: $2,906,424Net Income 2017: $4,756,0452017Revenue 2018: $3,756,526Expenses 2018: $5,739,747Net Income 2018: -$1,983,2212018Revenue 2019: $6,389,352Expenses 2019: $5,665,497Net Income 2019: $723,8552019Revenue 2020: $2,755,305Expenses 2020: $4,190,462Net Income 2020: -$1,435,1572020Revenue 2021: $2,584,018Expenses 2021: $3,285,089Net Income 2021: -$701,0712021Revenue 2022: $790,522Expenses 2022: $660,101Net Income 2022: $130,4212022Revenue 2023: $1,349,347Expenses 2023: $1,069,267Net Income 2023: $280,0802023Revenue 2024: $698,595Expenses 2024: $1,040,641Net Income 2024: -$342,0462024

Highlighted filing

2017

Revenue$7,662,469
Expenses$2,906,424
Net Income$4,756,045
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 16, 2018
Return Version
2016v3.0
Gross Receipts
$7,662,469
Mission and Program Overview

Mission

Through coaching and group facilitation, leaders of color heal from racism, develop skills to identify & interrupt racism in personal leadership, organizational practices & policies, and produce antiracist solutions in partnership with community.

Educate78s mission is to ensure that every student, in all 78 square miles of Oakland, has a world-class public education. Accordingly, Educate78s activities center on increasing the number of Oakland students who have access to high quality public schools and graduate ready for college, career and citizenship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$4,568,444-
Investments in Publicly Traded Securities-$987,360-
Savings and Temporary Cash Investments-$380,000-
Pledges and Grants Receivable-$100,000-
Intangible Assets-$23,611-
Land, Buildings, and Equipment, Net-$5,076-
Prepaid Expenses and Deferred Charges-$3,131-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Inventories for Sale or Use-$0-
Total Assets$0$6,069,666▲ $6,069,666
Other Assets Total-$2,044-
Liabilities
Grants Payable-$1,003,000-
Accounts Payable and Accrued Expenses-$335,703-
Total Liabilities$0$1,338,703▲ $1,338,703
Net Assets / Fund Balance
Unrestricted Net Assets-$3,836,745-
Temporarily Rstr Net Assets-$894,218-
Total Net Assets Fund Balance$0$4,730,963▲ $4,730,963
Total Liabilities and Net Assets / Fund Balance$0$6,069,666▲ $6,069,666

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,076$108$5,184
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gloria LeePresident & CEO
Amy OmandBoard Member
Julayn VigilBoard Member
Renato AlmanzorBoard Member
Brian StanleySecretary
Anne SotoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
ExecustaffPEO provider6070 Helleyer Ave, San Jose, CA 95138$173,233
Revenue and Support

Revenue Composition

Contributions and Grants
$7,662,444
Program Service Revenue
$0
Investment Income
$25
Other Revenue
$0
All Other Contributions
$7,662,444
Change in Net Assets
$4,756,045

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$1,012,442Fair Market Value (FMV)
Total Noncash Contributions1$1,012,442-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,662,469
Revenue Not Reported on Form 990
$-25,082
Total Revenue per Audited Statements
$7,637,387
Total Revenue per Form 990
$7,662,469
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,652,806
Other Expenses$748,308
Salaries, Compensation, and Employee Benefits$505,310
Total Fundraising Expense$38,873
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,570,000--$1,570,000
Fees for Services Other$549,802$11,924-$561,726
Other Salaries and Wages$205,040$14,743$2,706$222,489
Current Officers, Directors, Trustees, and Key Employees$142,731$34,420$19,684$196,835
Grants to Domestic Individuals$82,806--$82,806
Conferences and Meetings$42,256$5,764-$48,020
Travel$30,121$12,695-$42,816
Occupancy$7,238$21,450$9,569$38,257
Other Employee Benefits$31,538$3,858$1,058$36,454
Payroll Taxes$28,927$4,364$1,791$35,082
Fees for Services Accounting-$20,616-$20,616
Pension Plan Contributions$11,652$1,697$1,101$14,450
Office Expenses$1,942$6,266$2,220$10,428
Insurance-$3,841-$3,841
Advertising$3,194--$3,194
Information Technology$339$1,669$744$2,752
Fees for Services Legal-$2,370-$2,370
Depreciation Depletion-$1,497-$1,497
Other Expenses$6,855$86-$86
Total Functional Expenses$2,714,441$153,110$38,873$2,906,424

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,906,424
Total Expenses per Audited Statements$2,906,424
Total Expenses per Form 990$2,906,424
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Oakland Public Education FundOakland, CA501(c)(3)Program Support$988,000
Aspire University IncOakland, CA501(c)(3)Program Support$150,000
GO Public Schools LeadershipOakland, CA501(c)(3)Program Support$150,000
Education for ChangeOakland, CA501(c)(3)Program Support$130,000
Aurum Preparatory AcademyOakland, CA501(c)(3)Program Support$64,000
New LeadersOakland, CA501(c)(3)Program Support$50,000
Great School ChoicesNew York, NY501(c)(3)Program Support$38,000
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
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Oakland Public Edu FundBoard MemberGrantsNo$998,000

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
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, Line 11B: Form 990 Review Process

The Board reviews the Form 990 prior to filing with the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annual review of conflict of interest policy by Board of Directors.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Board leads an annual performance review including 360 feedback.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization does not make its governing documents, conflict of interest policy, and financial statements available to the public.

Part VII, Compensation of Officers, Directors, Trustees, etc.

Through February 2017 a substantial portion of the Organization's programmatic activities were carried out by the Educate78 fiscal project of the Oakland Public Education Fund. The project compensated staff during this period and was responsible for W-2 submission. The Organization will be responsible for W-2 and wage reporting in 2017 for Organization staff.

Filing and Contact Details

Filer

Filer Name
Educate78
EIN
47-4248922
Phone
5107643378
Address
2323 Broadway, Oakland, CA 94612

Signing Officer

Name
Gloria Lee
Title
President & CEO
Signed
2018-01-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gloria Lee
Formed
2015
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
6

Preparer

Firm
Crosby & Kaneda CPAs
Address
1970 Broadway STE 930, Oakland, CA 94612
Preparer
Adele Kaneda
Phone
5108352727
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

Staff interviews 3 prospective auditors. Final selection approved by Audit Committee. Audit committee & BoD review audit findings and report.

Part IX, Statement of Functional Expenses

The Organization was able to raise substantial funds with limited fundraising expense as fundraising activities of the Organization were initially carried out under the fiscal sponsorship of OPEF and the Organization received a number of larger grants.

Financial Statement Notes

Part X : FIN48 Footnote

The Organization has evaluated its current tax positions as of June 30, 2017 and is not aware of any significant uncertain tax positions for which a reserve would be necessary.

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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/OtherEmployeeBenefitsGrp/FundraisingAmt01058
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03858
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt031538
IRS990/OtherEmployeeBenefitsGrp/TotalAmt036454
IRS990/OtherExpensesGrp/Desc0Community events
IRS990/OtherExpensesGrp/Desc1Miscellaneous
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt186
IRS990/OtherExpensesGrp/ProgramServicesAmt06855
IRS990/OtherExpensesGrp/TotalAmt012705
IRS990/OtherExpensesGrp/TotalAmt186
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014743
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0205040
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IRS990/PayrollTaxesGrp/TotalAmt035082
IRS990/PensionPlanContributionsGrp/FundraisingAmt01101
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01697
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt011652
IRS990/PensionPlanContributionsGrp/TotalAmt014450
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03131
IRS990/PrincipalOfficerNm0Gloria Lee
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IRS990/ProgSrvcAccomActy2Grp/Desc0Schools: Key accomplishments in our Educate78 schools grantmaking and program work included supporting the opening of 3 new public schools and technical assistance for 10 design teams including families, students, teachers, school leaders and community members in the School Design Lab program.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01015287
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0455675
IRS990/ProgSrvcAccomActy3Grp/Desc0Talent: Key accomplishments in our Talent grantmaking and program work included funding 12 teacher-designed solutions to increase teacher retention in public schools, funding a principal training program, and spearheading a 2nd annual city-wide teacher survey with input from over 600 teachers on key factors driving teacher retention.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0420418
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0219131
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07662444
IRS990ScheduleA/TotalSupportAmt07662469
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0108
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IRS990ScheduleD/ExpensesSubtotalAmt02906424
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IRS990ScheduleD/RevenueNotReportedAmt0-25082
IRS990ScheduleD/RevenueSubtotalAmt07662469
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has evaluated its current tax positions as of June 30, 2017 and is not aware of any significant uncertain tax positions for which a reserve would be necessary.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Retention grants and stipends
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IRS990ScheduleI/RecipientTable/CashGrantAmt164000
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IRS990ScheduleI/RecipientTable/CashGrantAmt3150000
IRS990ScheduleI/RecipientTable/CashGrantAmt438000
IRS990ScheduleI/RecipientTable/CashGrantAmt550000
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Program Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Program Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Program Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Program Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Program Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5Program Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6Program Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Aspire University Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Aurum Preparatory Academy
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Education for Change
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3GO Public Schools Leadership
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Great School Choices
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5New Leaders
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6Oakland Public Education Fund
IRS990ScheduleI/RecipientTable/RecipientEIN0474649648
IRS990ScheduleI/RecipientTable/RecipientEIN1811636171
IRS990ScheduleI/RecipientTable/RecipientEIN2202204424
IRS990ScheduleI/RecipientTable/RecipientEIN3271491564
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IRS990ScheduleI/RecipientTable/RecipientEIN6432014630
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01001 22nd Ave Ste 100
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1600 William Street Apt 133
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt23265 Logan Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3134 Linden Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4342 E 119th Street Suite 3A
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5505 14th St Suite 250
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6PO Box 71005
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Oakland
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IRS990ScheduleI/RecipientTable/USAddress/CityNm4New York
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Oakland
IRS990ScheduleI/RecipientTable/USAddress/CityNm6Oakland

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