Civic Intelligence

Confluence Advocacy Inc

990 • Fiscal year 2019 • EIN 47-4884653

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 07, 2020

PO Box 1860Bentonville, AR 72712

(479) 464-1500

Siviq Scores

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

Liabilities / Assets

100th percentile

7.50x

Higher debt load relative to assets than 100% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

72nd percentile

0.45x

Higher debt load relative to revenue than 72% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Net Margin

6th percentile

-47%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

98th percentile

$451,494

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 22.3% of source-year revenue.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Asset Growth

1st percentile

-72%

Faster asset growth than 1% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

45th percentile

1.3%

Faster revenue growth than 45% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$120,535

Down $244,466 (-67%) from 2016

Net Assets

Down

-$783,293

Down $1,125,652 (-329%) from 2016

Liabilities

Up

$903,828

Up $881,186 (+3892%) from 2016

Revenue

Up

$2,025,000

Up $525,000 (+35%) from 2016

Expenses

Up

$2,974,214

Up $1,425,360 (+92%) from 2016

Net Income

Down

-$949,214

Down $900,360 (-1843%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2016: $365,001Liabilities 2016: $22,642Net Assets 2016: $342,3592016Assets 2019: $120,535Liabilities 2019: $903,828Net Assets 2019: -$783,2932019Assets 2020: $458,231Liabilities 2020: $643,236Net Assets 2020: -$185,0052020Assets 2022: $539,696Liabilities 2022: $514,039Net Assets 2022: $25,6572022Assets 2024: $1,027,040Liabilities 2024: $573,440Net Assets 2024: $453,6002024

Highlighted filing

2019

Assets$120,535
Liabilities$903,828
Net Assets-$783,293

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2016: $1,500,000Expenses 2016: $1,548,854Net Income 2016: -$48,8542016Revenue 2019: $2,025,000Expenses 2019: $2,974,214Net Income 2019: -$949,2142019Revenue 2020: $3,350,000Expenses 2020: $2,751,712Net Income 2020: $598,2882020Revenue 2022: $2,500,000Expenses 2022: $2,912,824Net Income 2022: -$412,8242022Revenue 2024: $3,885,000Expenses 2024: $3,964,841Net Income 2024: -$79,8412024

Highlighted filing

2019

Revenue$2,025,000
Expenses$2,974,214
Net Income-$949,214
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 7, 2020
Return Version
2019v5.1
Gross Receipts
$2,025,000
Mission and Program Overview

Mission

The organization's mission is to promote effective k-12 education reform policies that create a vibrant, competitive and high performing public education system in the united states.

The organization's mission is to promote effective k-12 education reform policies that create a vibrant, competitive and high performing public education system in the u.s.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$0$870,232▲ $870,232
Land, Buildings, and Equipment, Net$93,288$85,463▼ $7,825
Cash and Non-Interest-Bearing Accounts$332,358$27,039▼ $305,319
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$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
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$165,921$-783,293▼ $949,214
Total Assets$433,679$120,535▼ $313,144
Other Assets Total$8,033$8,033→ $0
Liabilities
Accounts Payable and Accrued Expenses$267,758$33,596▼ $234,162
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
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$267,758$903,828▲ $636,070
Net Assets / Fund Balance
Total Net Assets Fund Balance$165,921$-783,293▼ $949,214
Total Liabilities and Net Assets / Fund Balance$433,679$120,535▼ $313,144

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$85,463$31,852$117,315
Other Assets Org$8,033--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alice L WaltonBOARD CHAIR; DIRECTOR
Alice a ProiettiDirector
Jim C WaltonDirector
Joseph WilliamsEduc Advocacy Director / Treasurer
Adam P RogalskiAdvocacy Program Officer
Brienne E BellavitaAdvocacy Program Officer
Lauren E PerryAdvocacy Program Officer

Highest Paid Contractors

ContractorServicesLocationCompensation
Walton Enterprises LLCAdmin. ServicesPO BOX 1860, Bentonville, AR 72712$729,244
Revenue and Support

Revenue Composition

Contributions and Grants
$2,025,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,025,000
Change in Net Assets
$-949,214
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,949,214
Grants and Similar Amounts Paid$1,025,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$811,690$541,126-$1,352,816
Grants to Domestic Orgs$1,025,000--$1,025,000
Fees for Services Other$156,650--$156,650
Travel$47,965$31,977-$79,942
Fees for Services Legal-$59,470-$59,470
Occupancy-$52,834-$52,834
Conferences and Meetings$24,191$16,127-$40,318
Depreciation Depletion-$7,825-$7,825
All Other Expenses-$4,882-$4,882
Office Expenses-$3,931-$3,931
Information Technology-$780-$780
Other Expenses$111,463$25-$25
Total Functional Expenses$2,247,431$726,783$0$2,974,214
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
With Honor Action IncAlexandria, VA501(c)(4)Improve Education$250,000
New DemocracyBrighton, MA501(c)(4)Improve Education$125,000
Center for Innovative PolicyWashington, DC501(c)(4)Improve Education$100,000
La Promise FundLos Angeles, CA501(c)(3)Improve Education$100,000
Leadership Now ProjectWashington, DC501(c)(4)Improve Education$100,000
New Politics Leadership Academy IncBoston, MA501(c)(3)Improve Education$100,000
Republican Governors Public Policy CommitteeWashington, DC501(c)(4)Improve Education$100,000
State Government Leadership FoundationWashington, DC501(c)(4)Improve Education$100,000
Republican Main Street PartnershipWashington, DC501(c)(4)Improve Education$25,000
THE NewDEALWashington, DC501(c)(4)Improve Education$25,000
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
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Walton Enterprises LLCBy Contributors / BoardAdministrative ServicesNo$1,352,816

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$870,232▲ $870,232
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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

Part VI, Section A, Line 1B

THE THREE DIRECTORS ARE LISTED AS "INDEPENDENT" ON PART VI, LINE 1b BECAUSE NONE OF THE INDIVIDUALS RECEIVED COMPENSATION IN ANY FORM FROM THE ORGANIZATION OR A RELATED ORGANIZATION, AND THE TRANSACTION REPORTED ON SCHEDULE L DID NOT INVOLVE A TRANSACTION RESULTING IN ANY COMPENSATION, INCOME OR OTHER FINANCIAL BENEFIT PROVIDED TO OR ON BEHALF OF ANY SUCH DIRECTOR OR FAMILY MEMBER.

Part VI, Section A, Line 2

The organization's three directors have a family relationship.

Part VI, Section B, Line 6

The members of walton education coalition, inc. ("wec") are the same persons who are serving on the wec board of directors. The individuals serving as members exercise all their voting powers with respect to wec as directors of wec and have no additional members' powers.

Part VI, Section B, Line 11B

The form 990 is made available to all members of the governing body and is reviewed and signed by an appropriate officer.

Part VI, Section B, Line 12

Individuals who are directly or indirectly party to a possible transaction with the organization are required to disclose the material facts of the transaction and interest in the transaction prior to action by the organization on the transaction.

Part VI, Section B, Line 15A & 15B

Compensation is based on comparison of similar positions at similar organizations. Compensation is approved annually by the board of directors.

Part VI, Section C, Line 19

The organization's certificate of incorporation is available from the delaware secretary of state. Financial information is available on the organization's form 990.

Filing and Contact Details

Filer

Filer Name
Walton Education Coalition Inc
EIN
47-4884653
In Care Of
% DAVID TORRES
Phone
4794641500
Address
PO BOX 1860, BENTONVILLE, AR 72712

Signing Officer

Name
Joseph Williams
Title
Treasurer
Phone
4794641500
Signed
2020-07-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Williams
Formed
2015
Legal Domicile
De
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Walton Enterprises LLC
Address
PO BOX 1860, BENTONVILLE, AR 72712
Preparer
Kent C Crouch
Phone
4794641500
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5IMPROVE EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6IMPROVE EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7IMPROVE EDUCATION
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9IMPROVE EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0REPUBLICAN GOVERNORS PUBLIC POLICY COMMITTEE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CENTER FOR INNOVATIVE POLICY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2NEW DEMOCRACY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3THE NewDEAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4REPUBLICAN MAIN STREET PARTNERSHIP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5STATE GOVERNMENT LEADERSHIP FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6LEADERSHIP NOW PROJECT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7WITH HONOR ACTION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8LA PROMISE FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9NEW POLITICS LEADERSHIP ACADEMY INC
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11125 EYE STREET NW SUITE 1100
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51201 F ST NW STE 675
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IRS990ScheduleI/RecipientTable/USAddress/CityNm0WASHINGTON
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IRS990ScheduleI/RecipientTable/USAddress/CityNm7ALEXANDRIA
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