Civic Intelligence

Software Education Foundation

990 • Fiscal year 2017 • EIN 81-4001808

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

20 F Street NW Suite 800Washington, DC 20001

(202) 872-5500

Siviq Scores

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

Liabilities / Assets

89th percentile

0.88x

Higher debt load relative to assets than 89% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

73rd percentile

0.36x

Higher debt load relative to revenue than 73% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

38th percentile

-0.3%

Higher net margin than 38% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

100th percentile

$1,880,551

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 134.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

99th percentile

485%

Faster asset growth than 99% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

99th percentile

1300%

Faster revenue growth than 99% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$581,018

Up $481,704 (+485%) from 2016

Net Assets

$72,360

No earlier filing loaded for comparison.

Liabilities

Up

$508,658

Up $486,471 (+2193%) from 2016

Revenue

Up

$1,400,000

Up $1,300,000 (+1300%) from 2016

Expenses

Up

$1,404,767

Up $1,381,894 (+6042%) from 2016

Net Income

Down

-$4,767

Down $81,894 (-106%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2016: $99,314Liabilities 2016: $22,1872016Assets 2017: $581,018Liabilities 2017: $508,658Net Assets 2017: $72,3602017Assets 2018: $1,017,033Liabilities 2018: $680,208Net Assets 2018: $336,8252018Assets 2019: $4,768,124Liabilities 2019: $951,688Net Assets 2019: $3,816,4362019Assets 2020: $4,201,504Liabilities 2020: $1,120,235Net Assets 2020: $3,081,2692020Assets 2021: $3,747,307Liabilities 2021: $1,222,698Net Assets 2021: $2,524,6092021Assets 2022: $2,678,897Liabilities 2022: $1,010,942Net Assets 2022: $1,667,9552022Assets 2023: $2,950,141Liabilities 2023: $1,260,347Net Assets 2023: $1,689,7942023Assets 2024: $4,499,871Liabilities 2024: $278,016Net Assets 2024: $4,221,8552024

Highlighted filing

2017

Assets$581,018
Liabilities$508,658
Net Assets$72,360

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $100,000Expenses 2016: $22,873Net Income 2016: $77,1272016Revenue 2017: $1,400,000Expenses 2017: $1,404,767Net Income 2017: -$4,7672017Revenue 2018: $2,002,004Expenses 2018: $1,737,539Net Income 2018: $264,4652018Revenue 2019: $4,894,076Expenses 2019: $1,474,457Net Income 2019: $3,419,6192019Revenue 2020: $158,167Expenses 2020: $881,752Net Income 2020: -$723,5852020Revenue 2021: $224,471Expenses 2021: $946,493Net Income 2021: -$722,0222021Revenue 2022: $187,840Expenses 2022: $428,269Net Income 2022: -$240,4292022Revenue 2023: $240,710Expenses 2023: $365,739Net Income 2023: -$125,0292023Revenue 2024: $2,377,727Expenses 2024: $307,205Net Income 2024: $2,070,5222024

Highlighted filing

2017

Revenue$1,400,000
Expenses$1,404,767
Net Income-$4,767
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$1,400,000
Mission and Program Overview

Mission

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$49,314$568,018▲ $518,704
Pledges and Grants Receivable$50,000$0▼ $50,000
Prepaid Expenses and Deferred Charges$0$13,000▲ $13,000
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$99,314$581,018▲ $481,704
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$22,187$508,658▲ $486,471
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$22,187$508,658▲ $486,471
Net Assets / Fund Balance
Unrestricted Net Assets$77,127$72,360▼ $4,767
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$77,127$72,360▼ $4,767
Total Liabilities and Net Assets / Fund Balance$99,314$581,018▲ $481,704
Compensation and Service Providers

Board Members and Trustees

NameTitle
David CraneChair
Victoria EspinelDirector/President
Allen LineberryDirector
Christopher PadillaDirector
Fred HumphriesDirector
Jace JohnsonDirector
Jason AlbertDirector
Jim GreenDirector
Christopher HopfenspergerExecutive Director
Jodie KelleySecretary
Ha McNeillTreasurer (Eff 1/17-6/17)
Scott Van HoveTreasurer (Effective 6/17)

Highest Paid Contractors

ContractorServicesLocationCompensation
Instrat Media LLCPublic Relations6050 Hollow Knoll Court, Springfield, VA 22152$157,026
The German Marshall Fund of the UniConference1744 R Street NW, Washington, DC 20009$151,497
Real Clear HoldingsConference666 Dundee Road Bldg 600, Northbrook, IL 60062$120,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,400,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$450,000
Change in Net Assets
$-4,767
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,281,873
Grants and Similar Amounts Paid$102,205
Salaries, Compensation, and Employee Benefits$20,689
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$679,138$17,202$0$696,340
Conferences and Meetings$357,273$111$0$357,384
Grants to Domestic Orgs$102,205--$102,205
Fees for Services Legal$36,258$1,908-$38,166
Other Salaries and Wages$17,182$905-$18,087
Information Technology$13,926$730-$14,656
Travel$8,846$466-$9,312
Office Expenses$4,353$229-$4,582
Payroll Taxes$1,567$82-$1,649
Other Employee Benefits$905$48-$953
Other Expenses$523$28-$551
Total Functional Expenses$1,383,058$21,709$0$1,404,767
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Girls Who CodeNew York, NY501(c)(3)-$75,000
Georgetown U Tech LawWashington, DC501(c)(3)-$12,500
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
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Lines 6, 7A, 7B

Software Education Foundation is a membership corporation with BSA Business Software Alliance, Inc., a District of Columbia nonprofit corporation, as its sole member. As the sole member of the Foundation, BSA elects all the members of the Foundation's board of directors, and BSA has approval rights over amendments to the Foundation's bylaws.

Form 990, Part VI, Section B, Line 11

The Form 990 was prepared by BSA Business Software Alliance, Inc. accounting staff and it was reviewed by BSA's controller, CFO, outside counsel and tax advisor. The 990 was then provided to the board of directors prior to its filing.

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

An officer, director, or employee receives, reviews, and acknowledges in writing his or her compliance with the organization's conflict of interest policy and discloses any existing conflicts of which he or she is currently aware. In this written acknowledgement, the individual agrees to report promptly to Software Education Foundation any changes or additions to their initial conflict disclosure, including but not limited to any instance of a conflict or apparent conflict that may subsequently arise. In addition, the organization regularly informs its members of this policy and also publicizes methods to report conflicts via a confidential hotline.

Form 990, Part VI, Section B, Line 15

Victoria Espinel, Director and President of the Foundation, is paid by BSA Business Software Alliance, Inc. The BSA board's executive committee conducts a performance review on an annual basis and determines compensation. Compensation paid to other nonprofit executives in comparable positions is considered during this process. The Executive Director and the compensated officers listed on the Form 990 are paid by BSA Business Software Alliance, Inc. Compensation is reviewed annually. Compensation paid to other nonprofit executives in comparable positions is considered during this process. The Executive Director and the compensated officers listed on the Form 990 are subject to an annual performance review. Their merit increase, if any, is determined based on performance. Their bonus, if eligible and if earned, is determined based on their performance versus predefined goals and objectives.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and Form 990 available upon request.

Form 990, Part VII, Section A

Effective April 2017, Christopher Hopfensperger, BSA Business Software Alliance, Inc. Sr Director, Global Policy, began working primarily as Executive Director of Software Education Foundation, which is directly controlled by BSA. The compensation reported on Part VII, Section A is for both positions. Average hours per week for each position are reported on the Form 990 for each entity.

Filing and Contact Details

Filer

Filer Name
Software Education Foundation
EIN
81-4001808
In Care Of
% Controller
Phone
2028725500
Address
20 F Street NW Suite 800, Washington, DC 20001

Signing Officer

Name
Joseph De Salvio
Title
CFO
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph De Salvio
Formed
2016
Legal Domicile
Dc
Voting Board Members
8
Independent Board Members
7
Employees
1
Volunteers
33

Preparer

Firm
PricewaterhouseCoopers LLP
Address
600 13TH ST NW STE 1000, WASHINGTON, DC 20005
Preparer
Travis L Patton
Phone
2024141000
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 & Part III, Line 1

The Foundation's mission is to inform the public on the economic and societal contributions of software, advance opportunities for STEM education, and broaden understanding of software-related elements of STEM education and the importance of software to policy goals.

Form 990, Part XI, Line 9

Donated Services from BSA Business Software Alliance, Inc. 458221; Professional Expense from Donated Services BSA Business Software Alliance Inc. -458221

Form 990 Part IX Line 11G

Description:public relations total fees:416371

Form 990 Part IX Line 11G

Description:research and studies total fees:249367

Form 990 Part IX Line 11G

Description:human resources & recruiting total fees:30602

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IRS990/PrincipalOfficerNm0Joseph De Salvio
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IRS990/ProgSrvcAccomActy2Grp/Desc0STEM Education: Software.org encourages a diverse community of coders and works to increase opportunities for training and skills by directly supporting philanthropic efforts aimed to encourage girls and minorities to enter the software workforce.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Public education: Software.org develops and executes educational events in order to engage with policymakers and the public to examine the legal, educational, and economic environment that will enable society to best take advantage of cutting-edge technologies.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SOFTWARE EDUCATION FOUNDATION ANALYZED GROSS RECEIPTS AND CONTRIBUTIONS FROM INDIVIDUAL TAXPAYERS REPORTED ON BSA BUSINESS SOFTWARE ALLIANCE, INC.'S FORM 990 AND HAS DETERMINED THAT THE PUBLIC SUPPORT TEST UNDER SECTION 509(A)(2) HAS BEEN MET.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE FOUNDATION PROVIDES NO FINANCIAL SUPPORT TO ITS SUPPORTED ORGANIZATION BSA BUSINESS SOFTWARE ALLIANCE, INC. AND HAS NO INTENTION OF PROVIDING FINANCIAL SUPPORT TO BSA. HOWEVER, SHOULD THE FOUNDATION EVER PROVIDE FINANCIAL SUPPORT TO BSA, IT COMMITS TO PUT FINANCIAL CONTROLS AND REPORTING REQUIREMENTS IN PLACE TO ASSURE ALL SUCH SUPPORT IS USED SOLELY FOR SECTION 170(C)(2)(B) PURPOSES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0FORM 990, SCHEDULE A, PART IV, SECTION A, LINE 3B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1FORM 990, SCHEDULE A, PART IV, SECTION A, LINE 3C

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