Civic Intelligence

Technology Education Foundation Inc

990 • Fiscal year 2020 • EIN 76-0761976

Apr 01, 2019 to Mar 31, 2020 • Filed on Jun 18, 2020

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

43rd percentile

0.02x

Higher debt load relative to assets than 43% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

58th percentile

0.11x

Higher debt load relative to revenue than 58% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

67th percentile

17%

Higher net margin than 67% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

18th percentile

-5.4%

Faster asset growth than 18% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

77th percentile

25%

Faster revenue growth than 77% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$765,823

Down $43,368 (-5.4%) from 2019

Net Assets

Down

$750,337

Down $58,854 (-7.3%) from 2019

Liabilities

Up

$15,486

Up $15,486 from 2019

Revenue

Up

$146,086

Up $29,510 (+25%) from 2019

Expenses

Down

$121,144

Down $12,619 (-9.4%) from 2019

Net Income

Up

$24,942

Up $42,129 (+245%) from 2019

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

2020

Assets$765,823
Liabilities$15,486
Net Assets$750,337

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

2020

Revenue$146,086
Expenses$121,144
Net Income$24,942
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Jun 18, 2020
Return Version
2019v5.1
Gross Receipts
$329,309
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$637,907$615,783▼ $22,124
Cash and Non-Interest-Bearing Accounts$119,937$150,040▲ $30,103
Savings and Temporary Cash Investments$50,539--
Total Assets$809,191$765,823▼ $43,368
Other Assets Total$808$0▼ $808
Liabilities
Deferred Revenue-$15,486-
Total Liabilities$0$15,486▲ $15,486
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$809,191$750,337▼ $58,854
Total Net Assets Fund Balance$809,191$750,337▼ $58,854
Total Liabilities and Net Assets / Fund Balance$809,191$765,823▼ $43,368
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
$144,631
Program Service Revenue
$0
Investment Income
$10,325
Other Revenue
$-8,870
All Other Contributions
$144,631
Change in Net Assets
$24,942
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$96,091
Salaries, Compensation, and Employee Benefits$16,497
Other Expenses$8,556
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$96,091--$96,091
Other Salaries and Wages$16,497--$16,497
Fees for Services Accounting$6,176--$6,176
Insurance$1,251--$1,251
Office Expenses$1,129--$1,129
Total Functional Expenses$121,144$0$0$121,144
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
YwcaMadison, WI501(c)3Funds for Technology Initiatives$20,000
Centro HispanoMadison, WI501(c)3Funds for Technology Initiatives$13,875
Wisconsin Youth CompanyMadison, WI501(c)3Funds for Technology Initiatives$13,345
Simpson Street Free PressMonona, WI501(c)3Funds for Technology Initiatives$10,000
Monroe High SchoolMonroe, WI501(c)3Funds for Technology Initiatives$7,000
Aldo Leopold Nature CenterMonona, WI501(c)3Funds for Technology Initiatives$6,588
One City SchoolsMadison, WI501(c)3Funds for Technology Initiatives$5,480
DanenetMadison, WI501(c)3Funds for Technology Initiatives$5,000
United Way of Dane CountyMadison, WI-Funds for Technology Initiatives$4,400
Kennedy Elementary SchoolMadison, WI-Funds for Technology Initiatives$3,903
Friends of the Belleville Public LibraryBelleville, WI-Funds for Technology Initiatives$2,500
Capital Science and Engineering FairMadison, WI-Funds for Technology Initiatives$2,000
Horizon High SchoolMadison, WI-Funds for Technology Initiatives$2,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$183,223
Fundraising Gross Income$174,353
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Berbee Derby$174,353$174,353$183,223$-8,870
Total Events$174,353$174,353$183,223$-8,870
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 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
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
2020-06-18
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
5
Volunteers
325

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
PO BOX 7398, MADISON, WI 53707-7398
Preparer
Troy Marine CPA
Phone
6082496622
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10FUNDS FOR TECHNOLOGY INITIATIVES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11FUNDS FOR TECHNOLOGY INITIATIVES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12FUNDS FOR TECHNOLOGY INITIATIVES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0YWCA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1DANENET
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ALDO LEOPOLD NATURE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3CENTRO HISPANO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4WISCONSIN YOUTH COMPANY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5SIMPSON STREET FREE PRESS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6ONE CITY SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7MONROE HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8UNITED WAY OF DANE COUNTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9KENNEDY ELEMENTARY SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10HORIZON HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11FRIENDS OF THE BELLEVILLE PUBLIC LIBRARY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12CAPITAL SCIENCE AND ENGINEERING FAIR
IRS990ScheduleI/RecipientTable/RecipientEIN0390806303
IRS990ScheduleI/RecipientTable/RecipientEIN1391820882
IRS990ScheduleI/RecipientTable/RecipientEIN2391786897
IRS990ScheduleI/RecipientTable/RecipientEIN3930844812
IRS990ScheduleI/RecipientTable/RecipientEIN4237401836
IRS990ScheduleI/RecipientTable/RecipientEIN5391882258
IRS990ScheduleI/RecipientTable/RecipientEIN6471490574
IRS990ScheduleI/RecipientTable/RecipientEIN7396003491
IRS990ScheduleI/RecipientTable/RecipientEIN8390817532
IRS990ScheduleI/RecipientTable/RecipientEIN9371808994
IRS990ScheduleI/RecipientTable/RecipientEIN10201240272
IRS990ScheduleI/RecipientTable/RecipientEIN11391927005
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02040 S PARK STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1517 N SEGOE RD 210
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2330 FEMRITE DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3810 BADGER RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41201 MCKENNA BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5PO BOX 6307
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt62012 FISHER ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt71600 26TH ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt82059 ATWOOD AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9221 MEADOWLARK DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt105003 UNIVERSITY AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11130 SOUTH VINE STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12460 HENRY MALL
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm2MONONA
IRS990ScheduleI/RecipientTable/USAddress/CityNm3MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm4MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm5MONONA
IRS990ScheduleI/RecipientTable/USAddress/CityNm6MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm7MONROE
IRS990ScheduleI/RecipientTable/USAddress/CityNm8MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm9MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm10MADISON
IRS990ScheduleI/RecipientTable/USAddress/CityNm11BELLEVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm12MADISON
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/ZIPCd053705
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd153705
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd253716
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd353713
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd453719
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd553716
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd653711
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd753566
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd853704
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1153508
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1253706
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/Total501c3OrgCnt013
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/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0809191
IRS990/TotalAssetsEOYAmt0765823
IRS990/TotalAssetsGrp/BOYAmt0809191
IRS990/TotalAssetsGrp/EOYAmt0765823
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0144631
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0121144
IRS990/TotalFunctionalExpensesGrp/TotalAmt0121144
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt015486
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt015486
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0809191
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0750337
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0121144
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01455
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0146086
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0325
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0809191
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0765823
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 44787
IRS990/USAddress/CityNm0MADISON
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053744
IRS990/VotingMembersGoverningBodyCnt03

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