Civic Intelligence

Technology Education Foundation Inc

990 • Fiscal year 2015 • EIN 76-0761976

Jul 01, 2014 to Jun 30, 2015 • Filed on Sep 09, 2015

PO Box 44787Madison, WI 53744

(608) 661-1143

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

67th percentile

8.6%

Faster asset growth than 67% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

43rd percentile

0.3%

Faster revenue growth than 43% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$548,663

Up $43,346 (+8.6%) from 2014

Net Assets

Up

$548,663

Up $43,346 (+8.6%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$168,567

Up $521 (+0.3%) from 2014

Expenses

Up

$112,612

Up $732 (+0.7%) from 2014

Net Income

Down

$55,955

Down $211 (-0.4%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $358,483Liabilities 2012: $0Net Assets 2012: $358,4832012Assets 2013: $433,670Liabilities 2013: $0Net Assets 2013: $433,6702013Assets 2014: $505,317Liabilities 2014: $0Net Assets 2014: $505,3172014Assets 2015: $548,663Liabilities 2015: $0Net Assets 2015: $548,6632015Assets 2016: $594,845Liabilities 2016: $0Net Assets 2016: $594,8452016Assets 2017: $688,530Liabilities 2017: $0Net Assets 2017: $688,5302017Assets 2018: $808,600Liabilities 2018: $0Net Assets 2018: $808,6002018Assets 2019: $809,191Liabilities 2019: $0Net Assets 2019: $809,1912019Assets 2020: $765,823Liabilities 2020: $15,486Net Assets 2020: $750,3372020Assets 2021: $1,115,786Liabilities 2021: $18,567Net Assets 2021: $1,097,2192021Assets 2022: $1,123,631Liabilities 2022: $14,265Net Assets 2022: $1,109,3662022Assets 2023: $990,208Liabilities 2023: $11,830Net Assets 2023: $978,3782023Assets 2024: $30,339Liabilities 2024: $30,339Net Assets 2024: $02024

Highlighted filing

2015

Assets$548,663
Liabilities$0
Net Assets$548,663

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2012: $164,267Expenses 2012: $77,522Net Income 2012: $86,7452012Expenses 2013: $96,2352013Revenue 2014: $168,046Expenses 2014: $111,880Net Income 2014: $56,1662014Revenue 2015: $168,567Expenses 2015: $112,612Net Income 2015: $55,9552015Revenue 2016: $173,645Expenses 2016: $109,992Net Income 2016: $63,6532016Revenue 2017: $159,107Expenses 2017: $117,176Net Income 2017: $41,9312017Revenue 2018: $196,491Expenses 2018: $123,693Net Income 2018: $72,7982018Revenue 2019: $116,576Expenses 2019: $133,763Net Income 2019: -$17,1872019Revenue 2020: $146,086Expenses 2020: $121,144Net Income 2020: $24,9422020Revenue 2021: $145,873Expenses 2021: $125,423Net Income 2021: $20,4502021Revenue 2022: $186,107Expenses 2022: $162,091Net Income 2022: $24,0162022Revenue 2023: $143,773Expenses 2023: $164,764Net Income 2023: -$20,9912023Revenue 2024: $158,724Expenses 2024: $278,171Net Income 2024: -$119,4472024

Highlighted filing

2015

Revenue$168,567
Expenses$112,612
Net Income$55,955
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 9, 2015
Return Version
2014v5.0
Gross Receipts
$322,825
Mission and Program Overview

Mission

Support the advancement and education of individuals by providing information technology hardware and software to public schools, libraries, or other non-profit educational organizations with a facility for individuals to learn to use such computer equipment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$169,575$278,056▲ $108,481
Savings and Temporary Cash Investments$200,000$150,000▼ $50,000
Cash and Non-Interest-Bearing Accounts$133,227$116,907▼ $16,320
Total Assets$505,317$548,663▲ $43,346
Other Assets Total$2,515$3,700▲ $1,185
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$505,317$548,663▲ $43,346
Total Net Assets Fund Balance$505,317$548,663▲ $43,346
Total Liabilities and Net Assets / Fund Balance$505,317$548,663▲ $43,346
Compensation and Service Providers

Board Members and Trustees

NameTitle
James G BerbeePresident
Paul S ShainVice President
Brett M RimkusSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$104,726
Program Service Revenue
$0
Investment Income
$23,040
Other Revenue
$40,801
All Other Contributions
$104,726
Change in Net Assets
$55,955
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$80,880
Salaries, Compensation, and Employee Benefits$24,788
Other Expenses$6,944
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$80,880--$80,880
Other Salaries and Wages$24,788--$24,788
Fees for Services Accounting$4,366--$4,366
Insurance$1,680--$1,680
Office Expenses$898--$898
Total Functional Expenses$112,612$0$0$112,612
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Urban League of Greater MadisonMadison, WI-Funds for Technology Initiatives$10,000
Aldo Leopold Nature CenterMonona, WI-Funds for Technology Initiatives$9,775
School District of MonroeMonroe, WI-Funds for Technology Initiatives$9,229
Monona Grove School DistrictMonona, WI-Funds for Technology Initiatives$7,500
Ywca MadisonMadison, WI-Funds for Technology Initiatives$7,500
Wisconsin Youth CompanyWaunakee, WI-Funds for Technology Initiatives$7,000
THE MADISON CHILDREN'S MUSEUMMadison, WI-Funds for Technology Initiatives$6,087
Middleton - Cross Plains Area School DistrictMiddleton, WI-Funds for Technology Initiatives$6,000
Edgewood CollegeMadison, WI-Funds for Technology Initiatives$5,000
Dane NetMadison, WI-Funds for Technology Initiatives$4,460
School District of New GlarusNew Glarus, WI-Funds for Technology Initiatives$2,529
Marshall Middle SchoolJanesville, WI-Funds for Technology Initiatives$2,000
Monona Grove Liberal Arts Charter SchoolMonona, WI-Funds for Technology Initiatives$2,000
Capital Science & Engineering FairMadison, WI-Funds for Technology Initiatives$1,500
Wright Middle SchoolMadison, WI-Funds for Technology Initiatives$300
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$195,059
Fundraising Direct Expenses$154,258
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Berbee Derby$195,059$195,059$154,258$40,801
Total Events$195,059$195,059$154,258$40,801
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
Yes
Audit committee
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
No
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 11

A copy of form 990 was reviewed by the governing body before filing.

Form 990, Part VI, Section C, Line 19

All documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Technology Education Foundation Inc
EIN
76-0761976
Phone
6086611143
Address
PO BOX 44787, MADISON, WI 53744

Signing Officer

Name
Brett Rimkus
Title
Secretary/treasurer
Phone
6085160154
Signed
2015-09-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brett Rimkus
Formed
2004
Legal Domicile
Wi
Voting Board Members
3
Independent Board Members
3
Employees
3
Volunteers
0

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
PO BOX 7398, MADISON, WI 53707-7398
Preparer
Jennifer M Goemans CPA
Phone
6082496622
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No change from prior year.

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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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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14FUNDS FOR TECHNOLOGY INITIATIVES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE MADISON CHILDREN'S MUSEUM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1URBAN LEAGUE OF GREATER MADISON
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2SCHOOL DISTRICT OF MONROE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3ALDO LEOPOLD NATURE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4MONONA GROVE LIBERAL ARTS CHARTER SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5WRIGHT MIDDLE SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6DANE NET
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7MARSHALL MIDDLE SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8CAPITAL SCIENCE & ENGINEERING FAIR
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9YWCA MADISON
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10SCHOOL DISTRICT OF NEW GLARUS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11MONONA GROVE SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12EDGEWOOD COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13MIDDLETON - CROSS PLAINS AREA SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14WISCONSIN YOUTH COMPANY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0100 N HAMILTON ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12222 S PARK STREET SUITE 200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2925 16TH AVE SUITE 3
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3330 FEMRITE DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt45301 MONONA DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51717 FISH HATCHERY RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6517 N SEGOE RD 210
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt725 S PONTIAC DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8460 HENRY MALL
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt93101 LATHAM DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt101701 2ND STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt115301 MONONA DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt121000 EDGEWOOD COLLEGE DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt137106 SOUTH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt141350 ARBORETUM DR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm2MONROE
IRS990ScheduleI/RecipientTable/USAddress/CityNm3MONONA
IRS990ScheduleI/RecipientTable/USAddress/CityNm4MONONA
IRS990ScheduleI/RecipientTable/USAddress/CityNm5MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm6MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm7JANESVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm8MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm9MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm10NEW GLARUS
IRS990ScheduleI/RecipientTable/USAddress/CityNm11MONONA
IRS990ScheduleI/RecipientTable/USAddress/CityNm12MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm13MIDDLETON
IRS990ScheduleI/RecipientTable/USAddress/CityNm14WAUNAKEE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd11WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd12WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd13WI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd14WI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd053703
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd153713
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd253566
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd353716
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd453716
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd553713
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd653705
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd753545
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd853706
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd953713
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1053574
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1153716
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1253711
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1353562
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1453597
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 WAS REVIEWED BY THE GOVERNING BODY BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO CHANGE FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0505317
IRS990/TotalAssetsEOYAmt0548663
IRS990/TotalAssetsGrp/BOYAmt0505317
IRS990/TotalAssetsGrp/EOYAmt0548663
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0104726
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0112612
IRS990/TotalFunctionalExpensesGrp/TotalAmt0112612
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0505317
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0548663
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt031732
IRS990/TotalProgramServiceExpensesAmt0112612
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt063841
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0168567
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0505317
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0548663
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0505317
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0548663
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 44787
IRS990/USAddress/CityNm0MADISON
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053744
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.TECHEDFOUNDATION.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRETT RIMKUS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06085160154
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-09

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