Civic Intelligence

Technology Education Foundation Inc

990 • Fiscal year 2017 • EIN 76-0761976

Apr 01, 2016 to Mar 31, 2017 • Filed on Aug 02, 2017

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

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

82nd percentile

26%

Higher net margin than 82% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

73rd percentile

16%

Faster asset growth than 73% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

25th percentile

-8.4%

Faster revenue growth than 25% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$688,530

Up $93,685 (+16%) from 2016

Net Assets

Up

$688,530

Up $93,685 (+16%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$159,107

Down $14,538 (-8.4%) from 2016

Expenses

Up

$117,176

Up $7,184 (+6.5%) from 2016

Net Income

Down

$41,931

Down $21,722 (-34%) from 2016

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

2017

Assets$688,530
Liabilities$0
Net Assets$688,530

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

2017

Revenue$159,107
Expenses$117,176
Net Income$41,931
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
Aug 2, 2017
Return Version
2016v3.0
Gross Receipts
$318,182
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$386,093$451,225▲ $65,132
Cash and Non-Interest-Bearing Accounts$208,752$187,234▼ $21,518
Savings and Temporary Cash Investments-$50,000-
Total Assets$594,845$688,530▲ $93,685
Other Assets Total$0$71▲ $71
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$594,845$688,530▲ $93,685
Total Net Assets Fund Balance$594,845$688,530▲ $93,685
Total Liabilities and Net Assets / Fund Balance$594,845$688,530▲ $93,685
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
$95,450
Program Service Revenue
$0
Investment Income
$13,449
Other Revenue
$50,208
All Other Contributions
$95,450
Change in Net Assets
$41,931
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$88,112
Salaries, Compensation, and Employee Benefits$22,236
Other Expenses$6,828
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$88,112--$88,112
Other Salaries and Wages$22,236--$22,236
Fees for Services Accounting$4,857--$4,857
Insurance$1,448--$1,448
Office Expenses$523--$523
Total Functional Expenses$117,176$0$0$117,176
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Dane NetMadison, WI501(c)3Funds for Technology Initiatives$10,000
YWCA MadisonMadison, WI501(c)3Funds for Technology Initiatives$10,000
Wisconsin Youth Companymadison, WI501(c)3funds for technology initiatives$9,584
School DISTRICT OF MONROEMonroe, WI501(c)3Funds for Technology Initiatives$9,000
Sector67madison, WI501(c)3funds for technology initiatives$8,300
St James Catholic SchoolMadison, WI501(c)3funds for technology initiatives$5,500
Chavez Elementary Schoolmadison, WI501(c)3Funds for Technology Initiatives$5,300
Madison Metropolitan School Districtmadison, WI501(c)3Funds for Technology Initiatives$5,000
Vera Court Neighborhood CenterMadison, WI501(c)3Funds for Technology Initiatives$5,000
boys & girls clubMadison, WI501(c)3funds for technology initiatives$5,000
madison Children's MuseumMadison, WI501(c)3funds for technology initiatives$5,000
Huegel Elementary SchoolMadison, WI501(c)3Funds for Technology Initiatives$4,928
Aldo Leopold Nature CenterMadison, WI501(c)3funds for technology initiatives$3,000
Maydmmadison, WI501(c)3Funds for technology initiatives$2,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$209,283
Fundraising Direct Expenses$159,075
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Berbee Derby$209,283$209,283$159,075$50,208
Total Events$209,283$209,283$159,075$50,208
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 11B

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
2017-08-02
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
310

Preparer

Firm
Baker Tilly Virchow Krause LLP
Address
PO Box 7398, Madison, WI 53707-7398
Preparer
Troy Marine CPA
Phone
6082496622
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

No change from prior year.

Raw XML AppendixShowing 400 of 455 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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Technology Education Foundation, Inc. is making an automatic change in their accounting period. The 2015 tax return is being filed as a short year return - July 1, 2015 through March 31, 2016. The new full fiscal year will be April 1, 2016 through March 31, 2017. This change will allow the foundation to create timely finanical statements after their major fund raising event and allow for timely communications to contributors for the following year.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2FUNDS FOR TECHNOLOGY INITIATIVES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Funds for Technology Initiatives
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4FUNDS FOR TECHNOLOGY INITIATIVES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5FUNDS FOR TECHNOLOGY INITIATIVES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6Funds for Technology Initiatives
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7Funds for technology initiatives
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8funds for technology initiatives
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9funds for technology initiatives
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10funds for technology initiatives
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11funds for technology initiatives
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12funds for technology initiatives
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13funds for technology initiatives
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0School DISTRICT OF MONROE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Huegel Elementary School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Chavez Elementary School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Vera Court Neighborhood Center
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Dane Net
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5YWCA Madison
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6Madison Metropolitan School District
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7Maydm
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8madison Children's Museum
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9Aldo Leopold Nature Center
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10Wisconsin Youth Company
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11St James Catholic School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12boys & girls club
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13Sector67
IRS990ScheduleI/RecipientTable/RecipientEIN0396003491
IRS990ScheduleI/RecipientTable/RecipientEIN1396003202
IRS990ScheduleI/RecipientTable/RecipientEIN2396003202
IRS990ScheduleI/RecipientTable/RecipientEIN3391945609
IRS990ScheduleI/RecipientTable/RecipientEIN4391820882
IRS990ScheduleI/RecipientTable/RecipientEIN5390806303
IRS990ScheduleI/RecipientTable/RecipientEIN6396003202
IRS990ScheduleI/RecipientTable/RecipientEIN7810991008
IRS990ScheduleI/RecipientTable/RecipientEIN8391383497
IRS990ScheduleI/RecipientTable/RecipientEIN9391786897
IRS990ScheduleI/RecipientTable/RecipientEIN10237401836
IRS990ScheduleI/RecipientTable/RecipientEIN11270961979
IRS990ScheduleI/RecipientTable/RecipientEIN12391925617
IRS990ScheduleI/RecipientTable/RecipientEIN13273427496
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0925 16th Ave Suite 3
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12601 Prairie Road
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt23502 Maple Grove Drive
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3614 Vera Court
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4517 N Segoe Road 210
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5101 E Mifflin Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6545 W Dayton Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt722 E Mifflin Street Suite 302
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8100 N Hamilton Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9330 femrite Drive
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt101201 McKenna Boulevard
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt111204 St James Court
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt122001 Taft Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt132100 Winnebago street
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Monroe
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm2madison
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Madison
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Madison
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Madison
IRS990ScheduleI/RecipientTable/USAddress/CityNm6madison
IRS990ScheduleI/RecipientTable/USAddress/CityNm7madison
IRS990ScheduleI/RecipientTable/USAddress/CityNm8Madison
IRS990ScheduleI/RecipientTable/USAddress/CityNm9Madison
IRS990ScheduleI/RecipientTable/USAddress/CityNm10madison
IRS990ScheduleI/RecipientTable/USAddress/CityNm11Madison
IRS990ScheduleI/RecipientTable/USAddress/CityNm12Madison
IRS990ScheduleI/RecipientTable/USAddress/CityNm13madison
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/ZIPCd053566
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd153711
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd253719
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd353704
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd453705
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd553703
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd653703
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd753703
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd853703
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd953716
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1053719
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1153715
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1253713
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1353704
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Each year, each of the four selection committee members meet with two of the organizations receiving grants. The committee members meet at the grantees location and get an update on how the grant was used and what the outcomes were. The evaluating committee members then report back to the entire selection committee. Each year Technology Education Foundation chooses 8 of approximately 16 different grantees to review.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt014
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 11b
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/TotalAssetsBOYAmt0594845
IRS990/TotalAssetsEOYAmt0688530
IRS990/TotalAssetsGrp/BOYAmt0594845
IRS990/TotalAssetsGrp/EOYAmt0688530
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt095450
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0117176
IRS990/TotalFunctionalExpensesGrp/TotalAmt0117176
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0594845
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0688530
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0117176
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt063657
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00

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