Civic Intelligence

Center for Venture Education Inc.

990 • Fiscal year 2020 • EIN 48-1249429

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 25, 2021

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

37th percentile

0.14x

Higher debt load relative to assets than 37% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

85th percentile

1.87x

Higher debt load relative to revenue than 85% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

16th percentile

-12%

Higher net margin than 16% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

80th percentile

$442,063

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 11.8% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

80th percentile

26%

Faster asset growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

22nd percentile

-13%

Faster revenue growth than 22% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$49,656,895

Up $10,106,264 (+26%) from 2019

Net Assets

Up

$42,639,145

Up $8,277,376 (+24%) from 2019

Liabilities

Up

$7,017,750

Up $1,828,888 (+35%) from 2019

Revenue

Down

$3,757,404

Down $566,859 (-13%) from 2019

Expenses

Up

$4,201,721

Up $468,250 (+13%) from 2019

Net Income

Down

-$444,317

Down $1,035,109 (-175%) from 2019

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

2020

Assets$49,656,895
Liabilities$7,017,750
Net Assets$42,639,145

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

2020

Revenue$3,757,404
Expenses$4,201,721
Net Income-$444,317
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 25, 2021
Return Version
2019v5.1
Gross Receipts
$3,759,222
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.

The organization is striving to create greater equity & diversity in the venture capital eco-system through our education programs and network.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$31,938,943$39,009,919▲ $7,070,976
Cash and Non-Interest-Bearing Accounts$4,107,186$8,044,029▲ $3,936,843
Savings and Temporary Cash Investments$426,870$1,314,525▲ $887,655
Accounts Receivable$433,268$482,112▲ $48,844
Prepaid Expenses and Deferred Charges$165,609$201,405▲ $35,796
Pledges and Grants Receivable$183,423$69,447▼ $113,976
Land, Buildings, and Equipment, Net$9,495$12,213▲ $2,718
Total Assets$39,550,631$49,656,895▲ $10,106,264
Other Assets Total$2,285,837$523,245▼ $1,762,592
Liabilities
Deferred Revenue$4,632,606$6,503,205▲ $1,870,599
Accounts Payable and Accrued Expenses$556,256$514,545▼ $41,711
Total Liabilities$5,188,862$7,017,750▲ $1,828,888
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$33,772,994$42,203,992▲ $8,430,998
Net Assets With Donor Restrictions$588,775$435,153▼ $153,622
Total Net Assets Fund Balance$34,361,769$42,639,145▲ $8,277,376
Total Liabilities and Net Assets / Fund Balance$39,550,631$49,656,895▲ $10,106,264

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,213$16,563$28,776
Other Securities$797,474--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeffrey HarbachCEOPT$337,500$104,563$442,063
Lisa DohertyDirector of FinancePT$180,000$37,526$217,526
Kirsten OwensChief of StaffFT$150,000$52,506$202,506
Collin WestVP of NetworkPT$132,500$66,893$199,393
Savadelis JewelVP of RecruitingFT$148,076$34,973$183,049
Jessie SlocumVP of CurriculumFT$141,963$30,997$172,960
Jacqueline HughesDirector of EventsFT$105,125$18,167$123,292

Board Members and Trustees

NameTitle
Susan MasonBoard Chairman
Brian DoveyBoard Member
Christian WedellBoard Member
Jason GreenBoard Member
Karen KerrBoard Member
Mamoon HamidBoard Member
Phillip WickhamBoard Member
Jenny RookeSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Auditoire Event Management LLCSummit Event Planning And ExecutionMEDIA ONE TOWER OFFICE 2401, Dubai, Ae$293,489
Revenue and Support

Revenue Composition

Contributions and Grants
$1,082,816
Program Service Revenue
$2,755,192
Investment Income
$32,339
Other Revenue
$-112,943
All Other Contributions
$1,082,816
Change in Net Assets
$-444,317

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
Other Non Cash Contri Table1$315,475Fair Market Value (FMV)
Total Noncash Contributions1$315,475-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,330,868
Revenue Not Reported on Financial Statements
$426,536
Revenue Not Reported on Form 990
$8,926,432
Other Revenue Adjustments
$426,536
Total Revenue per Audited Statements
$12,257,300
Total Revenue per Form 990
$3,757,404
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,162,529
Other Expenses$1,612,656
Grants and Similar Amounts Paid$426,536
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,044,508$255,093-$1,299,601
Conferences and Meetings$688,812--$688,812
Current Officers, Directors, Trustees, and Key Employees$305,785$211,185-$516,970
Fees for Services Other$261,375$58,939-$320,314
Travel$199,231$88,918-$288,149
Grants to Domestic Individuals$259,466--$259,466
Other Employee Benefits$130,436$57,654-$188,090
Foreign Grants$167,070--$167,070
Payroll Taxes$77,355$34,192-$111,547
Advertising-$61,307-$61,307
Other Expenses$61,654$50,000-$50,000
Pension Plan Contributions$32,122$14,199-$46,321
Fees for Services Accounting-$40,100-$40,100
Office Expenses$6,010$6,270-$12,280
Insurance-$3,232-$3,232
Total Functional Expenses$3,294,023$907,698$0$4,201,721

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,201,721
Total Expenses per Audited Statements$3,777,003
Expenses per Audited Statements$3,775,185
Expenses Not Reported on Financial Statements$426,536
Other Expense Adjustments$426,536
Expenses Not Reported on Form 990$1,818
International Activity

International Summary

Offices
0
Employees
0
Spending
$1,142,644

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
Middle East and North AfricaProgram ServicesSummit00$688,144
Europe (including Iceland & Greenland)Program ServicesModule00$287,430
Middle East and North AfricaScholarships-00$51,464
Europe (including Iceland & Greenland)Scholarships-00$43,283
South AsiaScholarships-00$31,919
North AmericaScholarships-00$20,000
South AmericaScholarships-00$11,515
East Asia and the PacificScholarships-00$8,889
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 35% controlled entity
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
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

Board executive committee reviews the performance of the ceo and determines salary and bonus based upon general knowledge and emails changes to the ceo and the director of finance.

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
2021-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Harbach
Formed
2001
Legal Domicile
Ks
Voting Board Members
8
Independent Board Members
7
Employees
17
Volunteers
9

Preparer

Firm
Bakertilly 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 1,818.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Reclassification of scholarships to expense section 426,536.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Loss on sale of assets reported as expense on financial statements 1,818.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Reclassification of scholarships from income section 426,536.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9207000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10172500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11179576
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12165500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13164463
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14105125
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/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD 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/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF OF STAFF
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP OF RECRUITING
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP OF NETWORK
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP OF CURRICULUM
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR OF EVENTS
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-1818
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt0426536
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0259466
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0259466
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03759222
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03232
IRS990/InsuranceGrp/TotalAmt03232
IRS990/InvestmentIncomeGrp/ExclusionAmt034155
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt034157
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt02
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt031938943
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt039009919
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt016563
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09495
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012213
IRS990/LandBldgEquipCostOrOtherBssAmt028776
IRS990/LegalDomicileStateCd0KS
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01818
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION IS STRIVING TO CREATE GREATER EQUITY & DIVERSITY IN THE VENTURE CAPITAL ECO-SYSTEM THROUGH OUR EDUCATION PROGRAMS AND NETWORK.
IRS990/MoreThan5000KToIndividualsInd01
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt034361769
IRS990/NetAssetsOrFundBalancesEOYAmt042639145
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1818
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1818
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt08924614
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt033772994
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt042203992
IRS990/NoncashContributionsAmt0315475
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06270
IRS990/OfficeExpensesGrp/ProgramServicesAmt06010
IRS990/OfficeExpensesGrp/TotalAmt012280
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02285837
IRS990/OtherAssetsTotalGrp/EOYAmt0523245
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt057654
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0130436
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0188090
IRS990/OtherExpensesGrp/Desc0ALLOCATION OF COMMON CO
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc2BAD DEBT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026609
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt150000
IRS990/OtherExpensesGrp/ProgramServicesAmt060199
IRS990/OtherExpensesGrp/ProgramServicesAmt161654
IRS990/OtherExpensesGrp/TotalAmt086808
IRS990/OtherExpensesGrp/TotalAmt161654
IRS990/OtherExpensesGrp/TotalAmt250000
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
IRS990/OtherRevenueMiscGrp/ExclusionAmt0500
IRS990/OtherRevenueMiscGrp/ExclusionAmt1333
IRS990/OtherRevenueMiscGrp/ExclusionAmt2-113776
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1333
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2-113776
IRS990/OtherRevenueTotalAmt0-112943
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0255093
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01044508
IRS990/OtherSalariesAndWagesGrp/TotalAmt01299601
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt034192
IRS990/PayrollTaxesGrp/ProgramServicesAmt077355
IRS990/PayrollTaxesGrp/TotalAmt0111547
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt014199
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt032122
IRS990/PensionPlanContributionsGrp/TotalAmt046321
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0183423
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt069447
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0165609
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0201405
IRS990/PrincipalOfficerNm0JEFF HARBACH
IRS990/PriorPeriodAdjustmentsAmt0-202921
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND APPLICATIO
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02755192
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0554319
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0757385
IRS990/PYInvestmentIncomeAmt04153
IRS990/PYOtherExpensesAmt01727249
IRS990/PYOtherRevenueAmt0-938748
IRS990/PYProgramServiceRevenueAmt04704539
IRS990/PYRevenuesLessExpensesAmt0590792
IRS990/PYSalariesCompEmpBnftPaidAmt01248837
IRS990/PYTotalExpensesAmt03733471
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04324263
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-444317
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02755192
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0426870
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01314525
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/BookValueAmt012213
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016563
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028776
IRS990ScheduleD/ExpensesNotReportedAmt01818
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0426536
IRS990ScheduleD/ExpensesSubtotalAmt03775185
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt08924614
IRS990ScheduleD/OtherExpensesIncludedAmt01818
IRS990ScheduleD/OtherExpensesNotIncludedAmt0426536
IRS990ScheduleD/OtherRevenueAmt01818
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0426536
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt038212445
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1797474
IRS990ScheduleD/OtherSecuritiesGrp/Desc0PRIVATE EQUITY PARTNERSHIPS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENT IN SUBSIDIARY
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/RevenueNotReportedAmt08926432
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0426536
IRS990ScheduleD/RevenueSubtotalAmt03330868
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 1,818.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RECLASSIFICATION OF SCHOLARSHIPS TO EXPENSE SECTION 426,536.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3LOSS ON SALE OF ASSETS REPORTED AS EXPENSE ON FINANCIAL STATEMENTS 1,818.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4RECLASSIFICATION OF SCHOLARSHIPS FROM INCOME SECTION 426,536.
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/TotalBookValueLandBuildingsAmt012213
IRS990ScheduleD/TotalBookValueSecuritiesAmt039009919
IRS990ScheduleD/TotalExpensesPerForm990Amt04201721
IRS990ScheduleD/TotalRevenuePerForm990Amt03757404
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012257300
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03777003
IRS990ScheduleE/ComplianceWithRevProc7550Ind01

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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $25M-$50M nonprofits