Civic Intelligence

Center for Venture Education Inc.

990 • Fiscal year 2016 • EIN 48-1249429

Jul 01, 2015 to Jun 30, 2016 • Filed on Mar 30, 2017

855 El Camino Real Building 1 No 12Palo Alto, CA 94301

(650) 561-7047

Siviq Scores

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

Liabilities / Assets

54th percentile

0.27x

Higher debt load relative to assets than 54% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

77th percentile

0.87x

Higher debt load relative to revenue than 77% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

81st percentile

20%

Higher net margin than 81% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

82nd percentile

$332,200

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

80th percentile

14%

Faster asset growth than 80% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

89th percentile

41%

Faster revenue growth than 89% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$15,840,615

Up $1,916,622 (+14%) from 2015

Net Assets

Up

$11,502,821

Up $1,251,365 (+12%) from 2015

Liabilities

Up

$4,337,794

Up $665,257 (+18%) from 2015

Revenue

Up

$4,963,670

Up $1,435,447 (+41%) from 2015

Expenses

Up

$3,949,331

Up $657,046 (+20%) from 2015

Net Income

Up

$1,014,339

Up $778,401 (+330%) from 2015

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0-$50MAssets 2011: $1,331,989Liabilities 2011: $1,426,326Net Assets 2011: -$94,3372011Assets 2012: $2,491,076Liabilities 2012: $2,165,472Net Assets 2012: $325,6042012Assets 2013: $3,288,139Liabilities 2013: $2,018,130Net Assets 2013: $1,270,0092013Assets 2014: $9,123,401Liabilities 2014: $2,956,190Net Assets 2014: $6,167,2112014Assets 2015: $13,923,993Liabilities 2015: $3,672,537Net Assets 2015: $10,251,4562015Assets 2016: $15,840,615Liabilities 2016: $4,337,794Net Assets 2016: $11,502,8212016Assets 2017: $17,297,694Liabilities 2017: $4,017,760Net Assets 2017: $13,279,9342017Assets 2018: $27,388,908Liabilities 2018: $5,109,788Net Assets 2018: $22,279,1202018Assets 2019: $39,550,631Liabilities 2019: $5,188,862Net Assets 2019: $34,361,7692019Assets 2020: $49,656,895Liabilities 2020: $7,017,750Net Assets 2020: $42,639,1452020Assets 2021: $106,820,676Liabilities 2021: $7,700,464Net Assets 2021: $99,120,2122021Assets 2022: $109,013,402Liabilities 2022: $5,735,222Net Assets 2022: $103,278,1802022Assets 2023: $101,920,529Liabilities 2023: $5,181,748Net Assets 2023: $96,738,7812023Assets 2024: $109,210,677Liabilities 2024: $4,856,138Net Assets 2024: $104,354,5392024

Highlighted filing

2016

Assets$15,840,615
Liabilities$4,337,794
Net Assets$11,502,821

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $1,707,297Expenses 2011: $1,744,903Net Income 2011: -$37,6062011Revenue 2012: $2,095,459Expenses 2012: $2,081,784Net Income 2012: $13,6752012Expenses 2013: $2,448,3072013Revenue 2014: $2,936,566Expenses 2014: $2,897,835Net Income 2014: $38,7312014Revenue 2015: $3,528,223Expenses 2015: $3,292,285Net Income 2015: $235,9382015Revenue 2016: $4,963,670Expenses 2016: $3,949,331Net Income 2016: $1,014,3392016Revenue 2017: $4,698,353Expenses 2017: $3,785,411Net Income 2017: $912,9422017Revenue 2018: $4,755,796Expenses 2018: $4,135,024Net Income 2018: $620,7722018Revenue 2019: $4,324,263Expenses 2019: $3,733,471Net Income 2019: $590,7922019Revenue 2020: $3,757,404Expenses 2020: $4,201,721Net Income 2020: -$444,3172020Revenue 2021: $4,487,131Expenses 2021: $3,140,215Net Income 2021: $1,346,9162021Revenue 2022: $8,050,151Expenses 2022: $6,685,682Net Income 2022: $1,364,4692022Revenue 2023: $5,976,256Expenses 2023: $5,768,804Net Income 2023: $207,4522023Revenue 2024: $5,890,307Expenses 2024: $6,250,538Net Income 2024: -$360,2312024

Highlighted filing

2016

Revenue$4,963,670
Expenses$3,949,331
Net Income$1,014,339
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Mar 30, 2017
Return Version
2015v3.0
Gross Receipts
$5,042,193
Mission and Program Overview

Mission

The center is a post-graduate educational institute providing education to students in venture capital investment and entrepreneurship, utilizing an established curriculum and faculty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$11,443,546$12,693,760▲ $1,250,214
Cash and Non-Interest-Bearing Accounts$1,898,739$2,489,113▲ $590,374
Accounts Receivable$312,887$443,980▲ $131,093
Prepaid Expenses and Deferred Charges$125,872$60,353▼ $65,519
Savings and Temporary Cash Investments$60,000$60,000→ $0
Land, Buildings, and Equipment, Net$63,796$47,692▼ $16,104
Total Assets$13,923,993$15,840,615▲ $1,916,622
Other Assets Total$19,153$45,717▲ $26,564
Liabilities
Deferred Revenue$2,482,899$3,213,280▲ $730,381
Other Liabilities$708,891$772,483▲ $63,592
Accounts Payable and Accrued Expenses$480,747$352,031▼ $128,716
Total Liabilities$3,672,537$4,337,794▲ $665,257
Net Assets / Fund Balance
Unrestricted Net Assets$10,251,456$11,502,821▲ $1,251,365
Total Net Assets Fund Balance$10,251,456$11,502,821▲ $1,251,365
Total Liabilities and Net Assets / Fund Balance$13,923,993$15,840,615▲ $1,916,622

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$47,692$94,367$142,059
Other Land Buildings$0$25,000$25,000
Other Securities$12,693,760--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff HarbachCEO (as of 7/1/16)PT$201,875$46,361$248,236
Neddy ReyesDirector of OperationsPT$115,500$31,652$147,152
Phil WickhamCEO (through 6/30/16)-$68,750$14,300$83,050

Board Members and Trustees

NameTitle
Brian DoveyChairman
Jason GreenEmeritus Chairman
Audrey MacleanBoard Member
Christian WedellBoard Member
Karen KerrBoard Member
Susan MasonBoard Member
Tom BaruchBoard Member
Jenny RookeSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Jewel SavadelisConsulting With Fellows/program1505 YUKON DRIVE, Sunnyvale, CA 94087$200,000
Bill TobinProgram And Module Consulting5481 BLOSSOM WOOD DRIVE, San Jose, CA 95124$180,000
Revenue and Support

Revenue Composition

Contributions and Grants
$249,022
Program Service Revenue
$2,854,809
Investment Income
$1,684,894
Other Revenue
$174,945
All Other Contributions
$249,022
Change in Net Assets
$1,014,339

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,733,326
Revenue Not Reported on Financial Statements
$230,344
Revenue Not Reported on Form 990
$-27,131
Other Revenue Adjustments
$230,344
Total Revenue per Audited Statements
$4,706,195
Total Revenue per Form 990
$4,963,670
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,677,085
Salaries, Compensation, and Employee Benefits$831,343
Grants and Similar Amounts Paid$440,903
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$781,740$22,031-$803,771
Fees for Services Other$571,289$122,978-$694,267
Other Salaries and Wages$291,389$89,055-$380,444
Travel$309,566$19,331-$328,897
Current Officers, Directors, Trustees, and Key Employees$229,351$68,338-$297,689
Grants to Domestic Individuals$252,817--$252,817
Foreign Grants$188,086--$188,086
Occupancy-$168,957-$168,957
Advertising-$141,508-$141,508
Office Expenses$93,171$41,585-$134,756
Other Employee Benefits$74,324$27,622-$101,946
Fees for Services Accounting-$85,852-$85,852
Payroll Taxes$33,322$10,072-$43,394
Information Technology-$43,029-$43,029
Depreciation Depletion-$19,995-$19,995
Pension Plan Contributions$6,043$1,827-$7,870
Insurance-$5,979-$5,979
Other Expenses$206,288$3,423-$3,423
All Other Expenses$2,408$892-$3,300
Interest-$1,194-$1,194
Fees for Services Legal-$706-$706
Total Functional Expenses$3,039,794$909,537$0$3,949,331

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,949,331
Expenses per Audited Statements$3,278,084
Total Expenses per Audited Statements$3,278,084
Expenses Not Reported on Financial Statements$671,247
Other Expense Adjustments$671,247
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$188,086

International Compliance

Foreign grant records maintained
Yes
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
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumScholarships-00$64,732
North America - Canada and Mexico, But Not the United StatesScholarships-00$56,964
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Scholarships-00$30,139
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Scholarships-00$15,536
Sub-saharan Africa - Angola, Benin, Botswana, Burkina Faso,Scholarships-00$15,536
South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador,Scholarships-00$5,179
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
-CEOTHE ORGANIZATION RECEIVED SUBLEASE PAYMENTS OF $100,000 FROM SOZO, A FOR-PROFIT ENTITY. PHIL WICKHAM, CVE'S CEO, IS ALSO A BOARD MEMBER OF SOZO AND RECEIVED COMPENSATION FOR HIS SERVICES TO SOZO.No$100,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Related Organization$772,483
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization does not have a committee with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11

Draft copies of the tax return are emailed to the board president, audit committee and treasurer for review. The ceo & president and outside bookkeeper of the organization review form 990 before it is filed.

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

Each board member or other interested person is required to read the conflict of interst policy annually and submit a signed annual declaration at the first board meeting of each calendar year.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Center for Venture Education
EIN
48-1249429
Phone
6505617047
Address
855 EL CAMINO REAL BUILDING 1 NO 12, PALO ALTO, CA 94301

Signing Officer

Name
Jeff Harbach
Title
CEO
Phone
6505617047
Signed
2017-03-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Harbach
Formed
2001
Legal Domicile
Ks
Voting Board Members
10
Independent Board Members
8
Employees
11
Volunteers
8

Preparer

Firm
Dzh Phillips Llp
Address
1330 BROADWAY SUITE 630, OAKLAND, CA 94612
Preparer
Hydeh Ghaffari
Phone
5108346542
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

401k administration: program service expenses 0. Management and general expenses 3,415. Fundraising expenses 0. Total expenses 3,415. Hr & payroll: program service expenses 0. Management and general expenses 3,716. Fundraising expenses 0. Total expenses 3,716. Professional development: program service expenses 0. Management and general expenses 30,000. Fundraising expenses 0. Total expenses 30,000. Consulting: program service expenses 84,144. Management and general expenses 0. Fundraising expenses 0. Total expenses 84,144. Av expenses: program service expenses 50,074. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,074. Contract labor: program service expenses 424,161. Management and general expenses 85,847. Fundraising expenses 0. Total expenses 510,008. Application system: program service expenses 9,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,000. Summit professional fees: program service expenses 3,910. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,910.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Elimination of gains from for profit subsidiary 176,746. Reclassification of scholarships to expense section -440,903.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Reclassify expenses related to investments in private equity partnerships 230,344.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Reclassify expenses related to investments in private equity partnerships 230,344. Reclassification of scholarships from income section 440,903.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9222063
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10115500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8226875
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt939188
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1EMERITUS CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CEO (THROUGH 6/30/16)
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO (AS OF 7/1/16)
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR OF OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt01594500
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantAmt0440903
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0252817
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0252817
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01594500
IRS990/GrossReceiptsAmt05042193
IRS990/GrossRentsGrp/RealAmt0100000
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt043029
IRS990/InformationTechnologyGrp/TotalAmt043029
IRS990/InsuranceGrp/ManagementAndGeneralAmt05979
IRS990/InsuranceGrp/TotalAmt05979
IRS990/InterestGrp/ManagementAndGeneralAmt01194
IRS990/InterestGrp/TotalAmt01194
IRS990/InvestmentIncomeGrp/ExclusionAmt090351
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt090394
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt043
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt011443546
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt012693760
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0119367
IRS990/LandBldgEquipBasisNetGrp/BOYAmt063796
IRS990/LandBldgEquipBasisNetGrp/EOYAmt047692
IRS990/LandBldgEquipCostOrOtherBssAmt0167059
IRS990/LegalDomicileStateCd0KS
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessRentalExpensesGrp/RealAmt078523
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CENTER IS A POST-GRADUATE EDUCATIONAL INSTITUTE PROVIDING EDUCATION TO STUDENTS IN VENTURE CAPITAL INVESTMENT AND ENTREPRENEURSHIP, UTILIZING AN ESTABLISHED CURRICULUM AND FACULTY.
IRS990/MoreThan5000KToIndividualsInd01
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt010251456
IRS990/NetAssetsOrFundBalancesEOYAmt011502821
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01594491
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt09
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01594500
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt021477
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt021477
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0237026
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0168957
IRS990/OccupancyGrp/TotalAmt0168957
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt041585
IRS990/OfficeExpensesGrp/ProgramServicesAmt093171
IRS990/OfficeExpensesGrp/TotalAmt0134756
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt019153
IRS990/OtherAssetsTotalGrp/EOYAmt045717
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt027622
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt074324
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0101946
IRS990/OtherExpensesGrp/Desc0ALLOCATION OF COMMON CO
IRS990/OtherExpensesGrp/Desc1PARTNERSHIP EXPENSES
IRS990/OtherExpensesGrp/Desc2BAD DEBT
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0-206288
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1228847
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt212604
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33423
IRS990/OtherExpensesGrp/ProgramServicesAmt0206288
IRS990/OtherExpensesGrp/TotalAmt00
IRS990/OtherExpensesGrp/TotalAmt1228847
IRS990/OtherExpensesGrp/TotalAmt212604
IRS990/OtherExpensesGrp/TotalAmt33423
IRS990/OtherLiabilitiesGrp/BOYAmt0708891
IRS990/OtherLiabilitiesGrp/EOYAmt0772483
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS RECEIPTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011227
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011227
IRS990/OtherRevenueTotalAmt011227
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt089055
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0291389
IRS990/OtherSalariesAndWagesGrp/TotalAmt0380444
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010072
IRS990/PayrollTaxesGrp/ProgramServicesAmt033322
IRS990/PayrollTaxesGrp/TotalAmt043394
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01827
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06043
IRS990/PensionPlanContributionsGrp/TotalAmt07870
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0125872
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt060353
IRS990/PrincipalOfficerNm0JEFF HARBACH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND APPLICATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02854809
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02854809
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt098065
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0352120
IRS990/PYInvestmentIncomeAmt0662765
IRS990/PYOtherExpensesAmt02317569
IRS990/PYOtherRevenueAmt0179168
IRS990/PYProgramServiceRevenueAmt02588225
IRS990/PYRevenuesLessExpensesAmt0235938
IRS990/PYSalariesCompEmpBnftPaidAmt0622596
IRS990/PYTotalExpensesAmt03292285
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03528223
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01014339
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt021477
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03028468
IRS990/RoyaltiesRevenueGrp/ExclusionAmt01295
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt0140946
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0142241
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt060000
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt047692
IRS990ScheduleD/EquipmentGrp/DepreciationAmt094367
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0142059
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0671247
IRS990ScheduleD/ExpensesSubtotalAmt03278084
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0237026
IRS990ScheduleD/OtherExpensesNotIncludedAmt0671247
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0772483
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYABLE TO RELATED ORGANIZATION
IRS990ScheduleD/OtherRevenueAmt0-264157
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0230344
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt012693760
IRS990ScheduleD/OtherSecuritiesGrp/Desc0PRIVATE EQUITY PARTNERSHIPS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0-27131
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0230344
IRS990ScheduleD/RevenueSubtotalAmt04733326
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ELIMINATION OF GAINS FROM FOR PROFIT SUBSIDIARY 176,746. RECLASSIFICATION OF SCHOLARSHIPS TO EXPENSE SECTION -440,903.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RECLASSIFY EXPENSES RELATED TO INVESTMENTS IN PRIVATE EQUITY PARTNERSHIPS 230,344.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RECLASSIFY EXPENSES RELATED TO INVESTMENTS IN PRIVATE EQUITY PARTNERSHIPS 230,344. RECLASSIFICATION OF SCHOLARSHIPS FROM INCOME SECTION 440,903.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt047692
IRS990ScheduleD/TotalBookValueSecuritiesAmt012693760
IRS990ScheduleD/TotalExpensesPerForm990Amt03949331
IRS990ScheduleD/TotalLiabilityAmt0772483
IRS990ScheduleD/TotalRevenuePerForm990Amt04963670
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04706195
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03278084
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$109$4.86$104$5.89$6.25$0.36
2023Detailed filing. Detailed filing data is available for this year.$102$5.18$96.7$5.98$5.77$0.21
2022Detailed filing. Detailed filing data is available for this year.$109$5.74$103$8.05$6.69$1.36
2021Detailed filing. Detailed filing data is available for this year.$107$7.70$99.1$4.49$3.14$1.35
2020Detailed filing. Detailed filing data is available for this year.$49.7$7.02$42.6$3.76$4.20$0.44
2019Detailed filing. Detailed filing data is available for this year.$39.6$5.19$34.4$4.32$3.73$0.59
2018Detailed filing. Detailed filing data is available for this year.$27.4$5.11$22.3$4.76$4.14$0.62
2017Detailed filing. Detailed filing data is available for this year.$17.3$4.02$13.3$4.70$3.79$0.91
2016Detailed filing. Detailed filing data is available for this year.$15.8$4.34$11.5$4.96$3.95$1.01
2015Detailed filing. Detailed filing data is available for this year.$13.9$3.67$10.3$3.53$3.29$0.24
2014Detailed filing. Detailed filing data is available for this year.$9.12$2.96$6.17$2.94$2.90$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.29$2.02$1.27$2.45
2012Summary only. Only limited summary data is available for this year.$2.49$2.17$0.33$2.10$2.08$0.01
2011Summary only. Only limited summary data is available for this year.$1.33$1.43$0.09$1.71$1.74$0.04