Civic Intelligence

Ilearn Collaborative

990 • Fiscal year 2018 • EIN 81-1857717

Jul 01, 2017 to Jun 30, 2018 • Filed on Jul 31, 2018

3461 Ringsby Ct Ste 315Denver, CO 80216

(303) 748-3221

Siviq Scores

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

Liabilities / Assets

84th percentile

0.46x

Higher debt load relative to assets than 84% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

75th percentile

0.19x

Higher debt load relative to revenue than 75% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

66th percentile

11%

Higher net margin than 66% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

88th percentile

$100,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 17.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

96th percentile

152%

Faster asset growth than 96% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

87th percentile

54%

Faster revenue growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$240,274

Up $145,062 (+152%) from 2017

Net Assets

Up

$129,501

Up $64,332 (+99%) from 2017

Liabilities

Up

$110,773

Up $80,730 (+269%) from 2017

Revenue

Up

$587,724

Up $205,533 (+54%) from 2017

Expenses

Up

$523,392

Up $175,277 (+50%) from 2017

Net Income

Up

$64,332

Up $30,256 (+89%) from 2017

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2017: $95,212Liabilities 2017: $30,043Net Assets 2017: $65,1692017Assets 2018: $240,274Liabilities 2018: $110,773Net Assets 2018: $129,5012018Assets 2019: $226,588Liabilities 2019: $104,031Net Assets 2019: $122,5572019Assets 2021: $788,370Liabilities 2021: $105,899Net Assets 2021: $682,4712021Assets 2022: $754,314Liabilities 2022: $82,309Net Assets 2022: $672,0052022Assets 2025: $721,374Liabilities 2025: $15,861Net Assets 2025: $705,5132025

Highlighted filing

2018

Assets$240,274
Liabilities$110,773
Net Assets$129,501

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $382,191Expenses 2017: $348,115Net Income 2017: $34,0762017Revenue 2018: $587,724Expenses 2018: $523,392Net Income 2018: $64,3322018Revenue 2019: $523,266Expenses 2019: $530,210Net Income 2019: -$6,9442019Revenue 2021: $1,054,565Expenses 2021: $675,764Net Income 2021: $378,8012021Revenue 2022: $598,420Expenses 2022: $608,886Net Income 2022: -$10,4662022Revenue 2025: $737,927Expenses 2025: $710,575Net Income 2025: $27,3522025

Highlighted filing

2018

Revenue$587,724
Expenses$523,392
Net Income$64,332
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jul 31, 2018
Return Version
2017v2.0
Gross Receipts
$587,724
Mission and Program Overview

Mission

Ilearn collaborative creates equity in k-12 education by building the capacity of educators to implement student-centered learning. We provide professional development, consulting services and a wide variety of digital resources, and we welcome the involvement of all who share our passions.

iLearn Collaborative creates equity in K-12 education by building the capacity of educators to implement student-centered learning. We provide professional development, consulting services and a variety of digital resources, and we welcome the involvement of all who share our passions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$41,380$179,795▲ $138,415
Accounts Receivable$53,832$55,525▲ $1,693
Prepaid Expenses and Deferred Charges$0$4,954▲ $4,954
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0--
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0--
Receivables From Officers Etc$0--
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Intangible Assets$0--
Inventories for Sale or Use$0--
Loans From Officers Directors$0--
Total Assets$95,212$240,274▲ $145,062
Other Assets Total$0--
Liabilities
Unsecured Notes Loans Payable$3,346$90,000▲ $86,654
Accounts Payable and Accrued Expenses$26,697$14,773▼ $11,924
Other Liabilities-$6,000-
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$30,043$110,773▲ $80,730
Net Assets / Fund Balance
Unrestricted Net Assets$65,169$129,501▲ $64,332
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$65,169$129,501▲ $64,332
Total Liabilities and Net Assets / Fund Balance$95,212$240,274▲ $145,062
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Judy PerezCEO, Board ChairFT$100,000$100,000
June MarcelCOO, Treasurer, Board SecretaryFT$54,169$54,169

Board Members and Trustees

NameTitle
Alex MaganaBoard Member
Heather HiebschBoard Member
Stephen ChangBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$33,961
Program Service Revenue
$553,763
Investment Income
$0
Other Revenue
$0
All Other Contributions
$33,961
Change in Net Assets
$64,332
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$274,346
Salaries, Compensation, and Employee Benefits$249,046
Total Fundraising Expense$1,631
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$219,350$9,600$0$228,950
Fees for Services Management$128,489$2,420$0$130,909
Travel$76,141$1,160$1,290$78,591
Advertising$36,181$0$25$36,206
Payroll Taxes$17,916$755$0$18,671
Information Technology$9,055$3,609$0$12,664
Fees for Services Accounting$0$4,835$0$4,835
Occupancy$100$3,400$0$3,500
Insurance$687$2,308$0$2,995
Office Expenses$34$1,102$316$1,452
Conferences and Meetings$1,265$0$0$1,265
Royalties$1,035$0$0$1,035
Interest$3$891$0$894
Pension Plan Contributions$0$797$0$797
Other Employee Benefits$566$62$0$628
Total Functional Expenses$490,822$30,939$1,631$523,392
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0--
Receivables from Officers, Directors, Trustees, and Key Employees$0--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$6,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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 form 990 was completed by iLearn Collaborative staff. Once completed, it was circulated to the board, including the CEO and the organization's accounting firm for review. Once feedback was received and incorporated the CEO reviewed the final version, filed the form, and circulated a final copy to the board.

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

iLearn Collaborative follows its conflict of interest policy. Potential conflicts of interest are discussed during the first board meeting of each year. All contractors are also required to disclose any potential conflicts at the time each new contract / scope of work is signed or at least annually.

Form 990, Part VI, Section B, Line 15

The budget is reviewed with the board at each quarterly board meeting, including the compensation of the CEO and contract staff. Any changes are discussed and approved. Salary.com and the Colorado Non-profit Association's annual salary survey were used to determine fair compensation for all involved in our work.

Form 990, Part VI, Section C, Line 19

iLearn Collaborative's governing documents, conflict of interest policy, and financial statements were made available as requested as part of the RFP process with districts interested in our services. These documents are made available to the general public upon reasonable request.

Filing and Contact Details

Filer

Filer Name
Ilearn Collaborative
EIN
81-1857717
Phone
3037483221
Address
3461 Ringsby Ct Ste 315, Denver, CO 80216

Signing Officer

Name
Judy Perez
Title
Founder & CEO
Phone
3037483221
Signed
2018-07-31

Organization Details

Principal Officer
Judy Perez
Formed
2016
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
3
Employees
1
Volunteers
3
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

We leverage contractors to facilitate our courses as well as develop new courses and provide consulting services that require specific subject matter. Contractors also support the curation of digital curriculum.

Form 990, Part X, Line 10A

As part of a settlement arrangement with a former consultant, we have agreed to pay $6000 in the coming year.

Raw XML AppendixShowing 400 of 545 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/Desc0Consulting Program - iLearn Collaborative served 28 districts in the 2017-18 school year, growing the program by 87% year over year. The majority of districts signed up for our needs assessment package, where we review the district's existing strategic plan and board mandates, articulate the vision for how technology-enabled student-centered learning will support its current goals, identify existing resources and programs in place to support the vision, identify resource gaps, and articulate an implementation road map for closing the gaps to achieve desired outcomes. A few of the districts, however, were far enough along in their journey that we instead provided them with support on the design of training initiatives, refining approaches for employing the "train the trainer" model with quality.
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04954
IRS990/PrincipalOfficerNm0Judy Perez
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IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
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IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0Professional Development
IRS990/ProgramServiceRevenueGrp/Desc1Consulting Services
IRS990/ProgramServiceRevenueGrp/Desc2Digital Content Warehouse
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IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1240462
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1240462
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt261861
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IRS990/ProgSrvcAccomActy2Grp/Desc0Professional Development Program - iLearn Collaborative completed 1,160 enrollments in 2017-18, serving 361 educators, who took an average of 3 classes each. If we assume that each educator impacts approximately 150 students, this means that the professional development program impacted learning for ~54,150 students! Enrollments in 2017-18 represent a 147% increase over the previous year, with enrollments steadily growing over the course of the year. A notable portion of this growth is represented by St. Vrain Valley schools who has partnered with us to refine the train the trainer model. In this model, iLearn Collaborative certified their lead educators last year, so that the district could license our content and begin training the rest of their staff directly, enabling district-wide transformation. The benefits of this approach are numerous and are summarized here: https://www.ilearncollaborative.org/vol-5-making-train-the-trainer-a-reality. Most importantly, it means that the iLearn Collaborative can expect exponential increases in its impact for each dollar devoted to the professional development program. Train the trainer allows iLearn Collaborative to train just 2-5% of the teachers in a district directly, while still ensuring a quality roll out of blended learning district-wide, and the vast majority of districts participating in the Colorado Empowered Learning consulting program have expressed interest in pursuing this approach. Course completion rates in 2017-18 for our signature blended format, which can be delivered entirely virtually, remained over 85%, more than 5x the national average for digital learning (http://edu4.me/en/completion-rates-are-the-greatest-challenge-for-moocs/). Similarly, responses to our course satisfaction survey were also outstanding. Based on the 863 responses to that survey, 90% or more of course participants were very satisfied or extremely satisfied with the course on every dimension covered. It is also interesting to note that only 7% of participants chose to engage in optional synchronous sessions. Since feedback on these sessions was very positive, it seems reasonable to assume that this is not a comment on the quality of the synchronous sessions, but rather that participants did not find them necessary, preferring to engage with course material on their own time and finding the digital, project-based, and coaching aspects of our professional development model fully engaging without this additional element. This is a further testament to the uniquely effective and scalable approach to professional development that iLearn Collaborative offers. We have every reason to expect the professional development program to continue to grow and have invested our resources in building new courses to meet future demand. In the last year, we rolled out: Inquiry in Blended Learning, Best Practices in Open Education Resources, and Nurturing Autonomous Learners, and we have set the stage for the roll out of a 6-course certification program in personalized learning in the fall.
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0251440
IRS990/ProgSrvcAccomActy3Grp/Desc0We have partnered with Jefferson County School District to make high quality digital curriculum available across the state. Specifically, in exchange for curating ~60 courses worth of full-length digital courses to ensure quality and alignment with state standards, they will allow us to share that content as part of the Open Education Resources movement. This resource donated by Jefferson County School District represents hundreds of thousands of dollars in potential savings for each district - ~$50 per student per course. Districts that could not previously afford access to high quality curriculum in all areas of interest to students, will now be able to - providing equal access to educational opportunities. Moreover, because this content is freely shared and licensed under Creative Commons, teachers are free to modify and enhance the content to tie it to the specific interests of their students and their cultural context. This creates additional opportunities to engage students of all backgrounds. JeffCo's contribution, with the support of iLearn Collaborative, will significantly contribute to providing equal access to engaging educational opportunities for all students, giving each of them the opportunity to become economically self-sufficient. Thus far, we have been able to curate and create 18 courses available for use across Colorado, and we have recruited curators for an additional 20 courses, the majority of whom have already started work. We anticipate having the vast majority of courses curated by the close of the 2018-19 school year. As part of a beta release of this program, we have four districts currently reviewing the content for their use.
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