Civic Intelligence

The Great Schools Partnership Charitable Trust

990 • Fiscal year 2015 • EIN 76-6206166

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 09, 2016

912 S Gay Street L210Knoxville, TN 37902

(865) 525-4030

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.37x

Higher debt load relative to assets than 72% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

59th percentile

0.17x

Higher debt load relative to revenue than 59% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

26th percentile

-6.1%

Higher net margin than 26% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

91st percentile

$224,502

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

5th percentile

-23%

Faster asset growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

45th percentile

1.7%

Faster revenue growth than 45% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$2,050,171

Down $618,018 (-23%) from 2014

Net Assets

Down

$1,291,403

Down $263,735 (-17%) from 2014

Liabilities

Down

$758,768

Down $354,283 (-32%) from 2014

Revenue

Up

$4,339,186

Up $70,825 (+1.7%) from 2014

Expenses

Down

$4,602,921

Down $134,692 (-2.8%) from 2014

Net Income

Up

-$263,735

Up $205,517 (+44%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,656,288Liabilities 2011: $295,209Net Assets 2011: $3,361,0792011Assets 2012: $2,980,073Liabilities 2012: $869,271Net Assets 2012: $2,110,8022012Assets 2013: $3,212,567Liabilities 2013: $1,188,177Net Assets 2013: $2,024,3902013Assets 2014: $2,668,189Liabilities 2014: $1,113,051Net Assets 2014: $1,555,1382014Assets 2015: $2,050,171Liabilities 2015: $758,768Net Assets 2015: $1,291,4032015Assets 2016: $2,067,203Liabilities 2016: $446,986Net Assets 2016: $1,620,2172016Assets 2017: $1,905,733Liabilities 2017: $171,931Net Assets 2017: $1,733,8022017Assets 2018: $2,303,588Liabilities 2018: $483,167Net Assets 2018: $1,820,4212018Assets 2019: $2,118,838Liabilities 2019: $179,919Net Assets 2019: $1,938,9192019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2015

Assets$2,050,171
Liabilities$758,768
Net Assets$1,291,403

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $7,258,507Expenses 2011: $4,593,986Net Income 2011: $2,664,5212011Revenue 2012: $4,314,635Expenses 2012: $5,564,912Net Income 2012: -$1,250,2772012Revenue 2013: $4,878,785Expenses 2013: $4,970,447Net Income 2013: -$91,6622013Revenue 2014: $4,268,361Expenses 2014: $4,737,613Net Income 2014: -$469,2522014Revenue 2015: $4,339,186Expenses 2015: $4,602,921Net Income 2015: -$263,7352015Revenue 2016: $4,684,344Expenses 2016: $4,355,530Net Income 2016: $328,8142016Revenue 2017: $4,827,381Expenses 2017: $4,713,796Net Income 2017: $113,5852017Revenue 2018: $4,877,791Expenses 2018: $4,791,172Net Income 2018: $86,6192018Revenue 2019: $5,293,882Expenses 2019: $5,175,384Net Income 2019: $118,4982019Revenue 2020: $4,432,553Expenses 2020: $4,057,257Net Income 2020: $375,2962020

Highlighted filing

2015

Revenue$4,339,186
Expenses$4,602,921
Net Income-$263,735
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 9, 2016
Return Version
2014v6.0
Gross Receipts
$4,339,186
Mission and Program Overview

Mission

To serve as a catalyst, think tank, incubator, start-up funder and operational partner for making knox county schools globally competitive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,829,346$1,034,317▼ $795,029
Pledges and Grants Receivable$829,262$982,356▲ $153,094
Accounts Receivable$2,459$22,818▲ $20,359
Land, Buildings, and Equipment, Net$6,969$10,680▲ $3,711
Prepaid Expenses and Deferred Charges$153--
Total Assets$2,668,189$2,050,171▼ $618,018
Liabilities
Accounts Payable and Accrued Expenses$1,113,051$758,768▼ $354,283
Total Liabilities$1,113,051$758,768▼ $354,283
Net Assets / Fund Balance
Unrestricted Net Assets$1,555,138$1,291,403▼ $263,735
Total Net Assets Fund Balance$1,555,138$1,291,403▼ $263,735
Total Liabilities and Net Assets / Fund Balance$2,668,189$2,050,171▼ $618,018

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,017$5,329$13,346
Other Land Buildings$2,663$1,124$3,787
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Oliver ThomasPresidentFT$183,750$40,752$224,502

Board Members and Trustees

NameTitle
Bob RiderChair
Randy BoydVice-chair
Anthony WiseBoard Member
Brad AndersBoard Member
Crystal WashingtonBoard Member
Diane JablonskiBoard Member
James McintyreBoard Member
John ButlerBoard Member
Larry MauldinBoard Member
Laurens TullockBoard Member
Madeline RogeroBoard Member
Mike McmillanBoard Member
Phyllis NicholsBoard Member
Tanya CoatsBoard Member
Tim BurchettBoard Member
Mike EdwardsTreasurer/se

Highest Paid Contractors

ContractorServicesLocationCompensation
United Healthcare-PO BOX 88832, Chicago, IL 60695$283,174
Revenue and Support

Revenue Composition

Contributions and Grants
$4,335,491
Program Service Revenue
$0
Investment Income
$3,695
Other Revenue
$0
All Other Contributions
$862,553
Change in Net Assets
$-263,735
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,822,546
Salaries, Compensation, and Employee Benefits$1,069,785
Other Expenses$710,590
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,822,546--$2,822,546
Other Salaries and Wages$561,819$120,271-$682,090
Current Officers, Directors, Trustees, and Key Employees-$227,370-$227,370
Other Employee Benefits$61,896$35,498-$97,394
Office Expenses$61,080$13,236-$74,316
Payroll Taxes$43,417$19,514-$62,931
Fees for Services Other$15,275$22,893-$38,168
Other Expenses$4,375$3,182-$7,557
Insurance$5,469$1,625-$7,094
Travel$2,324$2,327-$4,651
Depreciation Depletion$2,825$840-$3,665
All Other Expenses$1,224$1,500-$2,724
Total Functional Expenses$4,134,130$468,791$0$4,602,921
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Knox County SchoolsKnoxville, TN3Educational$2,162,546
Project Grad KnoxvilleKnoxville, TN-Educational$660,000
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
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is prepared and provided to the organization's president and executive committee for review and approval. The underlying detailed financial information used in the preparation of the form 990 is reported to the governing body quarterly.

Form 990, Page 6, Part VI, Line 15A

Compensation for the top management official (president) is determined by the governing body in open meeting. The amount of compensation is negotiated and based on factors including compensation paid to top management of similar organizations located in the region. The governing body votes to approve the compensation and minutes are kept to substantiate the action taken.

Form 990, Page 6, Part VI, Line 19

Documents made available upon written request.

Filing and Contact Details

Filer

Filer Name
The Great Schools Partnership
EIN
76-6206166
Phone
8655254030
Address
912 S GAY STREET L210, KNOXVILLE, TN 37902

Signing Officer

Name
Oliver S Thomas
Title
President
Phone
8655254030
Signed
2016-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Oliver S Thomas President
Formed
2005
Legal Domicile
Tn
Voting Board Members
16
Independent Board Members
16
Employees
19

Preparer

Firm
Brown Jake & Mcdaniel Pc
Address
2607 KINGSTON PIKE SUITE 110, KNOXVILLE, TN 37919-3336
Preparer
James E Booher CPA
Phone
8656378600
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

(continued from part iii) kindergarten. Our birth to kindergarten program served a total of 447 children and families last year. 88% of our "graduates" entered school "kindergarten ready" per standardized tests compared to 59% for the district as a whole. First grade reading intervention (early literacy) - modeled after the highly successful kindergarten intervention program, this project utilizes a literacy coach, individualized staff development, common reading time and small-group and individual interventions that provide up to an additional hour of reading time per school day. It is an "all hands on deck" approach to reading proficiency. First grade was chosen for this program because research clearly shows that this is the optimal time to master basic reading skills. Moreover, 80% of students who are not proficient readers after first grade are not proficient after fifth grade. The single most important thing we can do for our children educationally is teach them to read. Our first-grade reading intervention partnership (funded by united way) served 1341 students in the 2014-2015 school year. 63% of the participants were assessed as proficient or advanced on an oral reading assessment. Funding for this program will not continue in the 2015-2016 fiscal year. Teacher advancement program (tap) - the teacher advancement program is a comprehensive school reform system that provides powerful opportunities for career advancement, professional growth, instructionally-focused accountability and competitive compensation for educators. Although achievement scores at our tap schools continue to be modest (these schools tend to have high numbers of children living in poverty), academic growth is generally strong. Stated differently, students at these schools are learning more than would be expected in a one-year period. Seven of our tap schools had composite scores of 5 under the tennessee value-added assessment system (tvas) last year. That is the highest level of academic growth. Unfortunately, five of our tap schools had composite scores of 1 - the lowest level of academic growth. Gsp will discontinue funding for tap in the 2015-2016 fiscal year. Teacher mentoring and induction - this program has helped kcs identify and retain strong teachers; it also helps identify the relatively small number of teachers who should not continue in the profession and whose contracts should not be renewed. Although 60% of knox county teachers are retained during their first five years of service, this retention rate has been declining in recent years. These outcome results have caused gsp to discontinue funding for the program in the 2015-2016 fy. Advancement via individual determination (avid) - avid is a college readiness system that utilizes proven strategies to empower students with academic skills, individual determination and social adaptability with the ultimate goal of college admission and graduation. Avid students are completing college-prep courses at a rate of over 95% while maintaining a 3.1 gpa. At austin east, 89% of avid seniors graduated on time. 78% of those graduates enrolled in college compared to less than 65% for the school as a whole. Teacherprenuer grant program -teacherprenuer invites knox county teachers to be innovative by developing programs and instructional interventions to improve student outcomes. The most promising ideas are funded in a pilot setting with the results monitored and measured. Successful ideas can be scaled up. Six proposals were selected for funding in fy15, with grants ranging from 1,000 to 25,000. Tutoring centers/centers for academic excellence - great schools has several private sector donors to create tutoring centers at five knox county high schools: central, gibbs, karns, south doyle, and west. These centers assist high school students who fall below a "c" in their academic studies, and offer act prep in some locations. Students who receive tutoring show some significant improvements: at central

Form 990, Page 2, Part III, Line 4B

(continued from part iii) benefit students, families, and the surrounding community. Research indicates these benefits include improved student learning, health, and attendance; stronger family engagement; an improved school climate; and safer neighborhoods. In knox county, students who participate in the afterschool enrichment programming at community schools show accelerated rates of academic growth and fewer absences when compared to their peers in the same school.

Form 990, Page 2, Part III, Line 4C

(continued from part iii) its two areas of greatest strength: (1) student and family support, and (2) college access. Grad's board of directors also voted to become what the internal revenue code calls a "supporting organization" of the gsp effective july 1, 2013. With their work now closely aligned and two boards of directors having a formal, legal relationship, talks are under way to explore the most efficient way to deploy staff and resources.

Form 990, Page 2, Part III, Line 4D

Codetn - codetn is tennessee's first software code-writing competition for high school students. The goal is to promote computer science education in our schools and encourage students to explore the world of software design. It was inspired by the first robotics competition, and with a staffing partnership between gsp and the united way of greater knoxville, codetn was piloting it this year with 27 teams from knox, anderson and blount counties. Teams from farragut and bearden high schools were selected as finalists, and bearden won the competition with their development of a scholarship search engine called "eruditio".

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from federal income taxes under section 501(c) (3) of the internal revenue code and did not conduct any unrelated business activities. Therefore, the organization has made no provision for federal income taxes in the accompanying financial statements. The organization's forms 990 are subject to examination by the taxing authorities. No periods are under examination, and open return years per statute are 2011 through 2014.

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IRS990/Desc0VARIOUS GRANTS ARE MADE BY GREAT SCHOOLS PARTNERSHIP (GSP) TO KNOX COUNTY SCHOOLS (KCS) TO ASSIST WITH THE FOLLOWING PROGRAMS: PARENTS AS TEACHERS (FORMERLY BIRTH TO KINDERGARTEN) - PARENTS AS TEACHERS IS A PROGRAM THAT HELPS PARENTS BECOME BETTER EDUCATORS FOR THEIR INFANTS AND CHILDREN. PARENTS ARE A CHILD'S MOST IMPORTANT TEACHERS, AND THE FIRST THREE YEARS OF LIFE MOST CRITICAL IN ANY CHILD'S EDUCATION. THROUGH THIS PROGRAM, SPECIALLY TRAINED STAFF CONDUCT MONTHLY HOME VISITS WITH AT RISK FAMILIES, CONDUCT GROUP EDUCATION SESSIONS, AND PROVIDE HEALTH AND DEVELOPMENT SCREENING AND INTERVENTION TO PROMOTE CHILDREN'S SUCCESS IN (CONTINUED ON SCHEDULE O) (CONTINUED FROM PART III) KINDERGARTEN. OUR BIRTH TO KINDERGARTEN PROGRAM SERVED A TOTAL OF 447 CHILDREN AND FAMILIES LAST YEAR. 88% OF OUR "GRADUATES" ENTERED SCHOOL "KINDERGARTEN READY" PER STANDARDIZED TESTS COMPARED TO 59% FOR THE DISTRICT AS A WHOLE. FIRST GRADE READING INTERVENTION (EARLY LITERACY) - MODELED AFTER THE HIGHLY SUCCESSFUL KINDERGARTEN INTERVENTION PROGRAM, THIS PROJECT UTILIZES A LITERACY COACH, INDIVIDUALIZED STAFF DEVELOPMENT, COMMON READING TIME AND SMALL-GROUP AND INDIVIDUAL INTERVENTIONS THAT PROVIDE UP TO AN ADDITIONAL HOUR OF READING TIME PER SCHOOL DAY. IT IS AN "ALL HANDS ON DECK" APPROACH TO READING PROFICIENCY. FIRST GRADE WAS CHOSEN FOR THIS PROGRAM BECAUSE RESEARCH CLEARLY SHOWS THAT THIS IS THE OPTIMAL TIME TO MASTER BASIC READING SKILLS. MOREOVER, 80% OF STUDENTS WHO ARE NOT PROFICIENT READERS AFTER FIRST GRADE ARE NOT PROFICIENT AFTER FIFTH GRADE. THE SINGLE MOST IMPORTANT THING WE CAN DO FOR OUR CHILDREN EDUCATIONALLY IS TEACH THEM TO READ. OUR FIRST-GRADE READING INTERVENTION PARTNERSHIP (FUNDED BY UNITED WAY) SERVED 1341 STUDENTS IN THE 2014-2015 SCHOOL YEAR. 63% OF THE PARTICIPANTS WERE ASSESSED AS PROFICIENT OR ADVANCED ON AN ORAL READING ASSESSMENT. FUNDING FOR THIS PROGRAM WILL NOT CONTINUE IN THE 2015-2016 FISCAL YEAR. TEACHER ADVANCEMENT PROGRAM (TAP) - THE TEACHER ADVANCEMENT PROGRAM IS A COMPREHENSIVE SCHOOL REFORM SYSTEM THAT PROVIDES POWERFUL OPPORTUNITIES FOR CAREER ADVANCEMENT, PROFESSIONAL GROWTH, INSTRUCTIONALLY-FOCUSED ACCOUNTABILITY AND COMPETITIVE COMPENSATION FOR EDUCATORS. ALTHOUGH ACHIEVEMENT SCORES AT OUR TAP SCHOOLS CONTINUE TO BE MODEST (THESE SCHOOLS TEND TO HAVE HIGH NUMBERS OF CHILDREN LIVING IN POVERTY), ACADEMIC GROWTH IS GENERALLY STRONG. STATED DIFFERENTLY, STUDENTS AT THESE SCHOOLS ARE LEARNING MORE THAN WOULD BE EXPECTED IN A ONE-YEAR PERIOD. SEVEN OF OUR TAP SCHOOLS HAD COMPOSITE SCORES OF 5 UNDER THE TENNESSEE VALUE-ADDED ASSESSMENT SYSTEM (TVAS) LAST YEAR. THAT IS THE HIGHEST LEVEL OF ACADEMIC GROWTH. UNFORTUNATELY, FIVE OF OUR TAP SCHOOLS HAD COMPOSITE SCORES OF 1 - THE LOWEST LEVEL OF ACADEMIC GROWTH. GSP WILL DISCONTINUE FUNDING FOR TAP IN THE 2015-2016 FISCAL YEAR. TEACHER MENTORING AND INDUCTION - THIS PROGRAM HAS HELPED KCS IDENTIFY AND RETAIN STRONG TEACHERS; IT ALSO HELPS IDENTIFY THE RELATIVELY SMALL NUMBER OF TEACHERS WHO SHOULD NOT CONTINUE IN THE PROFESSION AND WHOSE CONTRACTS SHOULD NOT BE RENEWED. ALTHOUGH 60% OF KNOX COUNTY TEACHERS ARE RETAINED DURING THEIR FIRST FIVE YEARS OF SERVICE, THIS RETENTION RATE HAS BEEN DECLINING IN RECENT YEARS. THESE OUTCOME RESULTS HAVE CAUSED GSP TO DISCONTINUE FUNDING FOR THE PROGRAM IN THE 2015-2016 FY. ADVANCEMENT VIA INDIVIDUAL DETERMINATION (AVID) - AVID IS A COLLEGE READINESS SYSTEM THAT UTILIZES PROVEN STRATEGIES TO EMPOWER STUDENTS WITH ACADEMIC SKILLS, INDIVIDUAL DETERMINATION AND SOCIAL ADAPTABILITY WITH THE ULTIMATE GOAL OF COLLEGE ADMISSION AND GRADUATION. AVID STUDENTS ARE COMPLETING COLLEGE-PREP COURSES AT A RATE OF OVER 95% WHILE MAINTAINING A 3.1 GPA. AT AUSTIN EAST, 89% OF AVID SENIORS GRADUATED ON TIME. 78% OF THOSE GRADUATES ENROLLED IN COLLEGE COMPARED TO LESS THAN 65% FOR THE SCHOOL AS A WHOLE. TEACHERPRENUER GRANT PROGRAM -TEACHERPRENUER INVITES KNOX COUNTY TEACHERS TO BE INNOVATIVE BY DEVELOPING PROGRAMS AND INSTRUCTIONAL INTERVENTION
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IRS990/MissionDesc0TO SERVE AS A CATALYST, THINK TANK, INCUBATOR, START-UP FUNDER AND OPERATIONAL PARTNER FOR MAKING KNOX COUNTY SCHOOLS GLOBALLY COMPETITIVE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY SCHOOLS - GSP DIRECTLY OPERATES KNOX COUNTY'S COMMUNITY SCHOOLS INITIATIVE. THE COMMUNITY SCHOOLS INITIATIVE IS A STRATEGY FOR USING PUBLIC SCHOOLS AS A HUB FOR ORGANIZING COMMUNITY RESOURCES TO IMPROVE NEIGHBORHOOD HEALTH AND SAFETY AND STUDENT ACADEMICS. SERVICES INCLUDE: FAMILY, PARTNER AND COMMUNITY ENGAGEMENT; EXPANDED LEARNING OPPORTUNITIES; HEALTH AND SOCIAL SUPPORT; YOUTH DEVELOPMENT ACTIVITIES; TUTORING AND ACADEMIC ENRICHMENT; AND SCHOOL FACILITIES OPEN FOR EXTENDED HOURS. THIS YEAR, GSP OPERATED THE PROGRAM AT FOUR PILOT SCHOOLS AND WILL BEGIN SERVICING THREE ADDITIONAL SCHOOLS NEXT YEAR. WITH PARENT, NEIGHBORHOOD AND PARTNER INPUT AND INVOLVEMENT, COMMUNITY SCHOOLS CAN BE A POSITIVE CENTER OF INFLUENCE TO (CONTINUED ON SCHEDULE O) (CONTINUED FROM PART III) BENEFIT STUDENTS, FAMILIES, AND THE SURROUNDING COMMUNITY. RESEARCH INDICATES THESE BENEFITS INCLUDE IMPROVED STUDENT LEARNING, HEALTH, AND ATTENDANCE; STRONGER FAMILY ENGAGEMENT; AN IMPROVED SCHOOL CLIMATE; AND SAFER NEIGHBORHOODS. IN KNOX COUNTY, STUDENTS WHO PARTICIPATE IN THE AFTERSCHOOL ENRICHMENT PROGRAMMING AT COMMUNITY SCHOOLS SHOW ACCELERATED RATES OF ACADEMIC GROWTH AND FEWER ABSENCES WHEN COMPARED TO THEIR PEERS IN THE SAME SCHOOL.
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IRS990/ProgSrvcAccomActy3Grp/Desc0VARIOUS GRANTS ARE MADE TO PROJECT GRAD KNOXVILLE (GRAD), A 501(C)(3) NON- PROFIT ORGANIZATION, IN FURTHERANCE OF ITS MISSION. GRAD SUPPORTS A QUALITY PUBLIC SCHOOL EDUCATION FOR HEART OF KNOXVILLE STUDENTS THAT EQUIPS AND ENCOURAGES YOUTH TO GRADUATE FROM HIGH SCHOOL AND TO SUCCEED IN COLLEGE OR TECHNICAL SCHOOL. THIS IS ACCOMPLISHED THROUGH AN INTENTIONAL AND HOLISTIC K-16 APPROACH PROVIDING: ACADEMIC SUPPORT, SOCIAL SERVICES, CLASSROOM MANAGEMENT, COLLEGE ACCESS AND PARENTAL ENGAGEMENT. THIS YEAR, A REDESIGN TEAM OF BOARD MEMBERS, STAFF AND KEY KCS BOARD MEMBERS AND STAFF CONDUCTED AN 18 MONTH STUDY AND ANALYSIS TO DETERMINE THE SCOPE OF GRAD'S WORK IN THE FUTURE. IT WAS DETERMINED THAT GRAD WOULD FOCUS ITS EFFORTS ON (CONTINUED ON SCHEDULE O) (CONTINUED FROM PART III) ITS TWO AREAS OF GREATEST STRENGTH: (1) STUDENT AND FAMILY SUPPORT, AND (2) COLLEGE ACCESS. GRAD'S BOARD OF DIRECTORS ALSO VOTED TO BECOME WHAT THE INTERNAL REVENUE CODE CALLS A "SUPPORTING ORGANIZATION" OF THE GSP EFFECTIVE JULY 1, 2013. WITH THEIR WORK NOW CLOSELY ALIGNED AND TWO BOARDS OF DIRECTORS HAVING A FORMAL, LEGAL RELATIONSHIP, TALKS ARE UNDER WAY TO EXPLORE THE MOST EFFICIENT WAY TO DEPLOY STAFF AND RESOURCES.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0CODETN - CODETN IS TENNESSEE'S FIRST SOFTWARE CODE-WRITING COMPETITION FOR HIGH SCHOOL STUDENTS. THE GOAL IS TO PROMOTE COMPUTER SCIENCE EDUCATION IN OUR SCHOOLS AND ENCOURAGE STUDENTS TO EXPLORE THE WORLD OF SOFTWARE DESIGN. IT WAS INSPIRED BY THE FIRST ROBOTICS COMPETITION, AND WITH A STAFFING PARTNERSHIP BETWEEN GSP AND THE UNITED WAY OF GREATER KNOXVILLE, CODETN WAS PILOTING IT THIS YEAR WITH 27 TEAMS FROM KNOX, ANDERSON AND BLOUNT COUNTIES. TEAMS FROM FARRAGUT AND BEARDEN HIGH SCHOOLS WERE SELECTED AS FINALISTS, AND BEARDEN WON THE COMPETITION WITH THEIR DEVELOPMENT OF A SCHOLARSHIP SEARCH ENGINE CALLED "ERUDITIO".
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND DID NOT CONDUCT ANY UNRELATED BUSINESS ACTIVITIES. THEREFORE, THE ORGANIZATION HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION'S FORMS 990 ARE SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. NO PERIODS ARE UNDER EXAMINATION, AND OPEN RETURN YEARS PER STATUTE ARE 2011 THROUGH 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL NEW GRANTS HAVE A SIGNED WRITTEN PARTNERSHIP AGREEMENT WITH MEASURABLE OUTCOMES AND AN ESCAPE CLAUSE.
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