Civic Intelligence

Center for Venture Education Inc.

990 • Fiscal year 2019 • EIN 48-1249429

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 10, 2020

Organization ProfileWWW.KAUFFMANFELLOWS.ORG

View Organization Page

3207 Ranch Road 620 S No 200Austin, TX 78738

(650) 561-7047

Siviq Scores

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

Liabilities / Assets

38th percentile

0.13x

Higher debt load relative to assets than 38% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

1.20x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

73rd percentile

14%

Higher net margin than 73% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

81st percentile

$460,823

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

94th percentile

44%

Faster asset growth than 94% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

21st percentile

-9.1%

Faster revenue growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets38th percentile

Assets

Up

$39,550,631

Up $12,161,723 (+44%) from 2018

Net Assets

Up

$34,361,769

Up $12,082,649 (+54%) from 2018

Liabilities

Up

$5,188,862

Up $79,074 (+1.5%) from 2018

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin73rd percentile

Revenue

Down

$4,324,263

Down $431,533 (-9.1%) from 2018

Expenses

Down

$3,733,471

Down $401,553 (-9.7%) from 2018

Net Income

Down

$590,792

Down $29,980 (-4.8%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

2019

Assets$39,550,631
Liabilities$5,188,862
Net Assets$34,361,769
Open 2019 Filing

Operations Trend

Revenue Growth21st percentile

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

2019

Revenue$4,324,263
Expenses$3,733,471
Net Income$590,792
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 10, 2020
Return Version
2018v3.1
Gross Receipts
$4,526,902
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$22,051,197$31,938,943▲ $9,887,746
Cash and Non-Interest-Bearing Accounts$2,962,802$4,107,186▲ $1,144,384
Accounts Receivable$605,235$433,268▼ $171,967
Savings and Temporary Cash Investments$60,000$426,870▲ $366,870
Pledges and Grants Receivable-$183,423-
Prepaid Expenses and Deferred Charges$119,152$165,609▲ $46,457
Land, Buildings, and Equipment, Net$33,126$9,495▼ $23,631
Total Assets$27,388,908$39,550,631▲ $12,161,723
Other Assets Total$1,557,396$2,285,837▲ $728,441
Liabilities
Deferred Revenue$4,454,270$4,632,606▲ $178,336
Accounts Payable and Accrued Expenses$655,518$556,256▼ $99,262
Total Liabilities$5,109,788$5,188,862▲ $79,074
Net Assets / Fund Balance
Unrestricted Net Assets$21,754,524$33,772,994▲ $12,018,470
Temporarily Rstr Net Assets$524,596$588,775▲ $64,179
Total Net Assets Fund Balance$22,279,120$34,361,769▲ $12,082,649
Total Liabilities and Net Assets / Fund Balance$27,388,908$39,550,631▲ $12,161,723

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,495$17,170$26,665
Other Assets Org$2,284,937--
Other Securities$911,250--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeffrey HarbachCEOPT$322,275$138,548$460,823
Savadelis JewelVP of MarketingFT$205,000$39,512$244,512
Kirsten OwensChief of StaffFT$135,000$36,420$171,420
Lisa DohertyDirector of FinancePT$130,750$7,038$137,788
Jessie SlocumVP of CurriculumFT$108,750$7,380$116,130

Board Members and Trustees

NameTitle
Phillip WickhamChairman
Jason GreenEmeritus Chairman
Brian DoveyBoard Member
Christian WedellBoard Member
Karen KerrBoard Member
Mamoon HamidBoard Member
Susan MasonBoard Member
Jenny RookeSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$554,319
Program Service Revenue
$4,704,539
Investment Income
$4,153
Other Revenue
$-938,748
All Other Contributions
$554,319
Change in Net Assets
$590,792

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,566,878
Revenue Not Reported on Financial Statements
$757,385
Revenue Not Reported on Form 990
$11,501,258
Other Revenue Adjustments
$757,385
Total Revenue per Audited Statements
$15,068,136
Total Revenue per Form 990
$4,324,263
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,727,249
Salaries, Compensation, and Employee Benefits$1,248,837
Grants and Similar Amounts Paid$757,385
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$808,915--$808,915
Other Salaries and Wages$590,802$165,370-$756,172
Grants to Domestic Individuals$509,571--$509,571
Travel$237,765$65,920-$303,685
Fees for Services Other$242,872$53,755-$296,627
Current Officers, Directors, Trustees, and Key Employees$224,651$63,363-$288,014
Foreign Grants$247,814--$247,814
Other Employee Benefits$89,770$26,824-$116,594
Fees for Services Accounting-$77,168-$77,168
Payroll Taxes$48,920$14,618-$63,538
Office Expenses$32,692$5,839-$38,531
Pension Plan Contributions$18,878$5,641-$24,519
Advertising-$21,074-$21,074
Occupancy-$5,719-$5,719
Insurance-$3,055-$3,055
Other Expenses$1,133$150-$1,283
Total Functional Expenses$3,209,406$524,065$0$3,733,471

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,733,471
Total Expenses per Audited Statements$2,985,487
Expenses per Audited Statements$2,976,086
Expenses Not Reported on Financial Statements$757,385
Other Expense Adjustments$757,385
Expenses Not Reported on Form 990$9,401
International Activity

International Summary

Offices
0
Employees
0
Spending
$583,212

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
East Asia and the PacificProgram ServicesSummit00$335,398
Middle East and North AfricaScholarships-00$93,214
Europe (including Iceland & Greenland)Scholarships-00$62,743
East Asia and the PacificScholarships-00$41,143
North AmericaScholarships-00$38,571
South AsiaScholarships-00$10,000
South AmericaScholarships-00$2,143
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
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 an executive committee with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“Draft copies of the tax return are emailed to the board president, audit committee and treasurer for review. The ceo & president and controller 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 disclose any conflict of interest if/when it arises. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Discussions and decisions are contemporaneously documented.”

Form 990, Part VI, Section B, Line 15

“Audit committee completes annual review and assessment of ceo to determine any compensation changes and annual bonus amount.”

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
3207 RANCH ROAD 620 S NO 200, AUSTIN, TX 78738

Signing Officer

Name
Jeff Harbach
Title
CEO
Phone
6505617047
Signed
2020-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Harbach
Formed
2001
Legal Domicile
Ks
Voting Board Members
9
Independent Board Members
8
Employees
12
Volunteers
9

Preparer

Firm
Squar Milner Llp
Address
135 MAIN STREET 9TH FLOOR, SAN FRANCISCO, CA 94105-1815
Preparer
Joua V Lo
Phone
4157812500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Each year management considers whether any material tax positions the organization has taken are more likely than not to be sustained upon examination by the applicable taxing authority. Management believes that any positions the organization has taken are supported by substantial authority and, hence, do not need to be measured or disclosed in these financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Loss on sale of assets reported as expense on financial statements 9,401.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Reclassification of scholarships to expense section 757,385.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Loss on sale of assets reported as expense on financial statements 9,401.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Reclassification of scholarships from income section 757,385.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF OF STAFF
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP OF MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP OF CURRICULUM
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-9401
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0757385
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0509571
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0509571
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02226
IRS990/GrossReceiptsAmt04526902
IRS990/GrossRentsGrp/RealAmt0191012
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03055
IRS990/InsuranceGrp/TotalAmt03055
IRS990/InvestmentIncomeGrp/ExclusionAmt013219
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013554
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0335
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt022051197
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt031938943
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017170
IRS990/LandBldgEquipBasisNetGrp/BOYAmt033126
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09495
IRS990/LandBldgEquipCostOrOtherBssAmt026665
IRS990/LegalDomicileStateCd0KS
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt011627
IRS990/LessRentalExpensesGrp/RealAmt0191012
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/NetAssetsOrFundBalancesBOYAmt022279120
IRS990/NetAssetsOrFundBalancesEOYAmt034361769
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-9401
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-9401
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt011491857
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05719
IRS990/OccupancyGrp/TotalAmt05719
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05839
IRS990/OfficeExpensesGrp/ProgramServicesAmt032692
IRS990/OfficeExpensesGrp/TotalAmt038531
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01557396
IRS990/OtherAssetsTotalGrp/EOYAmt02285837
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt026824
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt089770
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0116594
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1ALLOCATION OF COMMON CO
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015569
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1150
IRS990/OtherExpensesGrp/ProgramServicesAmt0103446
IRS990/OtherExpensesGrp/ProgramServicesAmt152177
IRS990/OtherExpensesGrp/ProgramServicesAmt21133
IRS990/OtherExpensesGrp/TotalAmt0103446
IRS990/OtherExpensesGrp/TotalAmt167746
IRS990/OtherExpensesGrp/TotalAmt21283
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0CVE BAD DEBT RECOVERY
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS RECEIPTS
IRS990/OtherRevenueMiscGrp/Desc2EQUITY IN NET EARNINGS (LOSS) OF
IRS990/OtherRevenueMiscGrp/ExclusionAmt010000
IRS990/OtherRevenueMiscGrp/ExclusionAmt1307
IRS990/OtherRevenueMiscGrp/ExclusionAmt2-949055
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1307
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2-949055
IRS990/OtherRevenueTotalAmt0-938748
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0165370
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0590802
IRS990/OtherSalariesAndWagesGrp/TotalAmt0756172
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014618
IRS990/PayrollTaxesGrp/ProgramServicesAmt048920
IRS990/PayrollTaxesGrp/TotalAmt063538
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05641
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt018878
IRS990/PensionPlanContributionsGrp/TotalAmt024519
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0183423
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0119152
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0165609
IRS990/PrincipalOfficerNm0JEFF HARBACH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND APPLICATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04704539
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04704539
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0596596
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0583203
IRS990/PYInvestmentIncomeAmt02675
IRS990/PYOtherExpensesAmt02278033
IRS990/PYOtherRevenueAmt0251808
IRS990/PYProgramServiceRevenueAmt03904717
IRS990/PYRevenuesLessExpensesAmt0620772
IRS990/PYSalariesCompEmpBnftPaidAmt01273788
IRS990/PYTotalExpensesAmt04135024
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04755796
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0590792
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04704539
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0426870
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/BookValueAmt09495
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017170
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026665
IRS990ScheduleD/ExpensesNotReportedAmt09401
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0757385
IRS990ScheduleD/ExpensesSubtotalAmt02976086
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt011491857
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0900
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12284937
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INTERCOMPANY RECEIVABLES
IRS990ScheduleD/OtherExpensesIncludedAmt09401
IRS990ScheduleD/OtherExpensesNotIncludedAmt0757385
IRS990ScheduleD/OtherRevenueAmt09401
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0757385
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt031027693
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1911250
IRS990ScheduleD/OtherSecuritiesGrp/Desc0PRIVATE EQUITY PARTNERSHIPS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENT IN SUBSIDIARY
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/RevenueNotReportedAmt011501258
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0757385
IRS990ScheduleD/RevenueSubtotalAmt03566878
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EACH YEAR MANAGEMENT CONSIDERS WHETHER ANY MATERIAL TAX POSITIONS THE ORGANIZATION HAS TAKEN ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. MANAGEMENT BELIEVES THAT ANY POSITIONS THE ORGANIZATION HAS TAKEN ARE SUPPORTED BY SUBSTANTIAL AUTHORITY AND, HENCE, DO NOT NEED TO BE MEASURED OR DISCLOSED IN THESE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON SALE OF ASSETS REPORTED AS EXPENSE ON FINANCIAL STATEMENTS 9,401.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RECLASSIFICATION OF SCHOLARSHIPS TO EXPENSE SECTION 757,385.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3LOSS ON SALE OF ASSETS REPORTED AS EXPENSE ON FINANCIAL STATEMENTS 9,401.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4RECLASSIFICATION OF SCHOLARSHIPS FROM INCOME SECTION 757,385.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09495
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02285837
IRS990ScheduleD/TotalBookValueSecuritiesAmt031938943
IRS990ScheduleD/TotalExpensesPerForm990Amt03733471
IRS990ScheduleD/TotalRevenuePerForm990Amt04324263
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015068136
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02985487
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
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,550,631
Liabilities
$5,188,862
Net assets
$34,361,769
Revenue
$4,324,263
Expenses
$3,733,471
Net income
$590,792
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $25M-$50M nonprofits