Civic Intelligence

Buck Institute for Education

EIN 68-0160429 • 501(c)3 • San Rafael, CA

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Profile

At pblworks, we build the capacity of teachers to design and facilitate quality project based learning and the capacity of school and system leaders to set the conditions for teachers to implement great projects with all students.

999 Fifth Avenue 200San Rafael, CA 94901

www.pblworks.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.17x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.16x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

15th percentile

-14%

Higher net margin than 15% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

88th percentile

$402,314

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

14th percentile

-6.5%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

16th percentile

-13%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$11,442,593

Down $2,890,563 (-20%) from 2023

Liabilities

Down

$1,926,420

Down $1,127,868 (-37%) from 2023

Net Assets

Down

$9,516,173

Down $1,762,695 (-16%) from 2023

Operations
Liabilities / Revenue41st percentileNet Margin15th percentile

Revenue

Down

$12,402,762

Down $6,655,036 (-35%) from 2023

Expenses

Down

$14,158,599

Down $3,366,251 (-19%) from 2023

Net Income

Down

-$1,755,837

Down $3,288,785 (-215%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2015: $4,657,518Liabilities 2015: $856,642Net Assets 2015: $3,800,8762015Assets 2016: $8,476,406Liabilities 2016: $1,517,707Net Assets 2016: $6,958,6992016Assets 2017: $10,612,974Liabilities 2017: $916,207Net Assets 2017: $9,696,7672017Assets 2018: $11,458,566Liabilities 2018: $1,398,870Net Assets 2018: $10,059,6962018Assets 2019: $10,512,783Liabilities 2019: $1,351,415Net Assets 2019: $9,161,3682019Assets 2020: $9,426,580Liabilities 2020: $2,893,207Net Assets 2020: $6,533,3732020Assets 2021: $10,254,792Liabilities 2021: $3,288,788Net Assets 2021: $6,966,0042021Assets 2022: $13,081,689Liabilities 2022: $3,349,553Net Assets 2022: $9,732,1362022Assets 2023: $14,333,156Liabilities 2023: $3,054,288Net Assets 2023: $11,278,8682023Assets 2024: $11,442,593Liabilities 2024: $1,926,420Net Assets 2024: $9,516,1732024

Highlighted filing

2024

Assets$11,442,593
Liabilities$1,926,420
Net Assets$9,516,173
Open 2024 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MRevenue 2015: $4,632,140Expenses 2015: $3,731,567Net Income 2015: $900,5732015Revenue 2016: $11,990,881Expenses 2016: $8,851,129Net Income 2016: $3,139,7522016Revenue 2017: $14,344,389Expenses 2017: $11,628,765Net Income 2017: $2,715,6242017Revenue 2018: $13,041,830Expenses 2018: $12,682,960Net Income 2018: $358,8702018Revenue 2019: $13,441,548Expenses 2019: $14,373,827Net Income 2019: -$932,2792019Revenue 2020: $7,117,594Expenses 2020: $9,784,942Net Income 2020: -$2,667,3482020Revenue 2021: $10,200,724Expenses 2021: $9,753,822Net Income 2021: $446,9022021Revenue 2022: $16,497,114Expenses 2022: $13,668,117Net Income 2022: $2,828,9972022Revenue 2023: $19,057,798Expenses 2023: $17,524,850Net Income 2023: $1,532,9482023Revenue 2024: $12,402,762Expenses 2024: $14,158,599Net Income 2024: -$1,755,8372024

Highlighted filing

2024

Revenue$12,402,762
Expenses$14,158,599
Net Income-$1,755,837
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$11,442,593
Liabilities
$1,926,420
Net assets
$9,516,173
Revenue
$12,402,762
Expenses
$14,158,599
Net income
-$1,755,837
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$1.93$9.52$12.4$14.2$1.76
2023Detailed filing. Detailed filing data is available for this year.$14.3$3.05$11.3$19.1$17.5$1.53
2022Detailed filing. Detailed filing data is available for this year.$13.1$3.35$9.73$16.5$13.7$2.83
2021Detailed filing. Detailed filing data is available for this year.$10.3$3.29$6.97$10.2$9.75$0.45
2020Detailed filing. Detailed filing data is available for this year.$9.43$2.89$6.53$7.12$9.78$2.67
2019Detailed filing. Detailed filing data is available for this year.$10.5$1.35$9.16$13.4$14.4$0.93
2018Detailed filing. Detailed filing data is available for this year.$11.5$1.40$10.1$13.0$12.7$0.36
2017Detailed filing. Detailed filing data is available for this year.$10.6$0.92$9.70$14.3$11.6$2.72
2016Detailed filing. Detailed filing data is available for this year.$8.48$1.52$6.96$12.0$8.85$3.14
2015Summary only. Only limited summary data is available for this year.$4.66$0.86$3.80$4.63$3.73$0.90
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$12,496,175
Mission and Program Overview

Mission

Founded in 1988, the Buck Institute for Education (BIE) creates, gathers, and shares the highest quality PBL instructional practices, products, and services so that the education community can access high quality PBL resources and understand, implement and sustain transformative project-based teaching and learning.

Buck institute for education builds the capacity of teachers to design and facilitate quality project based learning and the capacity of school and system leaders to set the conditions for teachers to implement great projects with all students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$510,553$4,172,688▲ $3,662,135
Savings and Temporary Cash Investments$7,925,510$3,861,646▼ $4,063,864
Accounts Receivable$1,343,731$1,126,287▼ $217,444
Prepaid Expenses and Deferred Charges$263,924$255,885▼ $8,039
Pledges and Grants Receivable$1,488,193$200,000▼ $1,288,193
Inventories for Sale or Use$1,396$67,990▲ $66,594
Cash and Non-Interest-Bearing Accounts$190,481$66,397▼ $124,084
Land, Buildings, and Equipment, Net$51,127$14,013▼ $37,114
Total Assets$14,333,156$11,442,593▼ $2,890,563
Other Assets Total$2,558,241$1,677,687▼ $880,554
Liabilities
Accounts Payable and Accrued Expenses$1,899,345$1,440,665▼ $458,680
Deferred Revenue$585,363$253,290▼ $332,073
Other Liabilities$569,580$232,465▼ $337,115
Total Liabilities$3,054,288$1,926,420▼ $1,127,868
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,282,651$8,626,210▲ $1,343,559
Net Assets With Donor Restrictions$3,996,217$889,963▼ $3,106,254
Total Net Assets Fund Balance$11,278,868$9,516,173▼ $1,762,695
Total Liabilities and Net Assets / Fund Balance$14,333,156$11,442,593▼ $2,890,563

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,418$519,088$531,506
Leasehold Improvements$1,595$23,916$25,511
Other Assets Org$737,875--
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert C LenzChief Executive OfficerFT$336,741$65,573$402,314
Chris WalshChief Product & Tech. OfficerFT$212,845$69,400$282,245
Kathleen SchwilleEd of Teaching & AssessmentFT$221,377$14,333$235,710
David BadilloSr. Director of Business DevelopmentFT$183,758$51,469$235,227
Cristina WaldfogelEd of Professional ServicesFT$197,288$35,161$232,449
Julia ChihChief Operating OfficerFT$194,640$25,247$219,887
Lisa MirelesManaging Director of Digital CurriculumFT$172,936$38,704$211,640
Rhonda HillSr. Director of District ServicesFT$148,213$42,287$190,500
Sally KingstonChief Impact Officer (thru 2/24)FT$63,874$86,814$150,688
Natasha ThompsonChief of StaffFT$86,406$22,537$108,943

Board Members and Trustees

NameTitle
Virgel HammondsPresident, Board Chair
Valerie GreenhillVice Chair
Carlos MorenoBoard Member
John GonzalezBoard Member
Jonathan RaymondBoard Member
Loretta GoodwinBoard Member
Annmarie BainesBoard Member (thru 5/24)
Felicia Cumings SmithSecretary
Yancy HawkinsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Schoolhouse PartnersStrategic Planning & Pbl Now Curriculum112 SOUTH ROYAL STREET SUITE D, Alexandria, VA 22314, In$283,815
Perfect Timing Personnel Services INCPersonnel Services3030 BRIDGEWAY SUITE 211, Sausalito, CA 94965$261,626
Usc University Of Southern CaliforniaConsultants And Professionals - Research3500 S FIGUEROA STREET SUITE 102, Los Angeles, CA 90089-8001$224,834
Banyan Kitchen & CateringFood And Catering4655 EXECUTIVE DRIVE SUITE 100, San Diego, CA 92121$204,130
Trivium Education Services Private LimitConsultants And Professionals - Product-$157,361
Revenue and Support

Revenue Composition

Contributions and Grants
$1,362,434
Program Service Revenue
$10,574,973
Investment Income
$209,444
Other Revenue
$255,911
All Other Contributions
$1,362,434
Change in Net Assets
$-1,755,837

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,496,175
Revenue Not Reported on Financial Statements
$-93,413
Revenue Not Reported on Form 990
$115,278
Other Revenue Adjustments
$-93,413
Total Revenue per Audited Statements
$12,611,453
Total Revenue per Form 990
$12,402,762
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,620,405
Other Expenses$4,538,194
Total Fundraising Expense$386,307
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,542,134-$120,546$6,662,680
Current Officers, Directors, Trustees, and Key Employees$116,475$1,047,602-$1,164,077
Fees for Services Other$649,297$230,609$182,253$1,062,159
Other Employee Benefits$925,746-$20,655$946,401
Conferences and Meetings$672,971$34,671$3,298$710,940
Information Technology$612,832$53,909$7,479$674,220
Travel$359,740$195,865$10,681$566,286
Payroll Taxes$509,042$43,765$9,803$562,610
Occupancy$345,697$119$72$345,888
Depreciation Depletion$316,480$11,047$6,609$334,136
Pension Plan Contributions$277,334-$7,303$284,637
Office Expenses$176,708$50,246$2,465$229,419
Advertising$188,270-$9,261$197,531
Fees for Services Accounting-$166,198-$166,198
Other Expenses$132,466--$132,466
Fees for Services Legal$44,192$1,543$922$46,657
Insurance$35,401$1,236$739$37,376
All Other Expenses$29,097$153-$29,250
Fees for Service Investment Mgmnt Fees-$1,447$4,221$5,668
Total Functional Expenses$11,933,882$1,838,410$386,307$14,158,599

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$14,374,148
Expenses per Audited Statements$14,158,599
Total Expenses per Form 990$14,158,599
Expenses Not Reported on Form 990$215,549
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
0
Employees
19
Spending
$126,185

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
Central America and the CaribbeanProgram ServicesSupport Educators With Project Based Learning014$106,354
East Asia and the PacificProgram ServicesSupport Educators With Project Based Learning04$18,611
Europe (including Iceland & Greenland)Program ServicesSupport Educators With Project Based Learning01$1,220
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$232,465
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
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

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

“The 990 is reviewed and approved by the senior director of finance, administration, and the treasurer. And a complete copy of the form 990 will be provided to all members of the governing board prior to filing.”

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

“Potential conflicts are reviewed annually. Any board member who may be involved in a business transaction in which there is a possible conflict of interest shall notify the executive director and board chair. The board member shall refrain from voting on any such transaction, participating in deliberations concerning it or using personal influence in any way in the matter. The board member's presence may not be counted in determining the quorum for any vote with respect to the business transaction in which she or he has a possible conflict of interest. Any executive officer who may be involved in a business transaction in which there is a possible conflict of interest shall report the possible conflict to the executive director. If the possible conflict involves the executive director, the possible conflict shall be reported to the board chair instead.”

Form 990, Part VI, Section B, Line 15

“The executive committee met independent of the executive director to review his performance. The committee reviewed salary data from an annual salary report that included information from national and bay area nonprofits of comparable size in annual revenue. The executive director meets with the director of finance annually to review performance. The external hr advisor compiled and reviewed salary data from an annual salary report that included information from national and bay area nonprofits of comparable size in annual revenue.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990 is also available on the guidestar website.”

Filing and Contact Details

Filer

Filer Name
Buck Institute for Education
EIN
68-0160429
Phone
4158830122
Address
999 FIFTH AVENUE 200, SAN RAFAEL, CA 94901
Doing Business As
Pbl Works

Signing Officer

Name
Yancy Hawkins
Title
Treasurer
Phone
4158830122
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert C Lenz
Formed
1988
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
138
Volunteers
9

Preparer

Firm
Armanino Advisory LLC
Address
2700 CAMINO RAMON STE 350, SAN RAMON, CA 94583-5004
Preparer
Katy Brown
Phone
9257902600
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“Post covid-19 we shifted from online only model to a hybrid model utilizing onsite and online modes for professional development workshops.”

Financial Statement Notes

PART X, LINE 2:

“The organization has received notification from the internal revenue service and the state of california that it qualifies for tax-exempt status under section 501(c)(3) of the internal revenue code and section 23701d of the california revenue and taxation code. The exemptions are subject to periodic review by the federal and state taxing authorities and management is confident that the organization continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. The organization may periodically receive unrelated business income (such as advertising income, etc.) requiring the organization to file separate tax returns under federal and state statutes. The organization also has certain transactions requiring the payment of value added taxes. Under such conditions, the organization calculates and accrues the applicable taxes. The organization is not subject to examination by taxing authorities, nor for any prior years. The organization assesses tax positions taken or expected to be taken against more-likely-than-not recognition threshold and measurement attributes for financial statement recognition. Based on an analysis prepared by the organization, it was determined that the organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Bad debt - recoveries -12,741.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Cost of goods sold -93,413.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 93,413. Bad debt - recoveries -12,741.”

Raw XML AppendixShowing 400 of 857 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0BUCK INSTITUTE FOR EDUCATION BUILDS THE CAPACITY OF TEACHERS TO DESIGN AND FACILITATE QUALITY PROJECT BASED LEARNING AND THE CAPACITY OF SCHOOL AND SYSTEM LEADERS TO SET THE CONDITIONS FOR TEACHERS TO IMPLEMENT GREAT PROJECTS WITH ALL STUDENTS.
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IRS990/Desc0TEACHER PROFESSIONAL DEVELOPMENT SERVICES - BUCK INSTITUTE FOR EDUCATION PROVIDES PROFESSIONAL DEVELOPMENT SERVICES TO HUNDREDS OF SCHOOLS YEARLY IN THE U.S. AND ABROAD, GIVING TEACHERS THE SKILLS AND KNOWLEDGE NEEDED TO DESIGN, ASSESS, AND MANAGE RIGOROUS, RELEVANT, AND STANDARDS-BASED PROJECTS THROUGH OUR FOUNDATIONAL GOLD STANDARD PBL 101 WORKSHOP AND SUSTAINED SUPPORT VISITS. PROJECT 125
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IRS990/Form990PartVIISectionAGrp/TitleTxt6MANAGING DIR. OF DIGITAL CURRICULUM
IRS990/Form990PartVIISectionAGrp/TitleTxt7SR. DIRECTOR OF DISTRICT SERVICES
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IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF OF STAFF
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IRS990/MissionDesc0AT PBLWORKS, WE BUILD THE CAPACITY OF TEACHERS TO DESIGN AND FACILITATE QUALITY PROJECT BASED LEARNING AND THE CAPACITY OF SCHOOL AND SYSTEM LEADERS TO SET THE CONDITIONS FOR TEACHERS TO IMPLEMENT GREAT PROJECTS WITH ALL STUDENTS.
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