Civic Intelligence

Competency-Based Education Network Inc.

990 • Fiscal year 2022 • EIN 82-1307652

Jul 01, 2021 to Jun 30, 2022 • Filed on May 10, 2023

1417 Hanson DriveFranklin, TN 37067

(615) 517-1256

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$1,286,812

Up $228,357 (+22%) from 2021

Net Assets

Up

$661,755

Up $110,932 (+20%) from 2021

Liabilities

Up

$625,057

Up $117,425 (+23%) from 2021

Revenue And Expenses

Revenue

Up

$2,924,304

Up $2,015,382 (+222%) from 2021

Expenses

Up

$2,778,478

Up $1,685,231 (+154%) from 2021

Net Income

Up

$145,826

Up $330,151 (+179%) from 2021

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 2018: $1,434,042Liabilities 2018: $192,441Net Assets 2018: $1,241,6012018Assets 2019: $1,228,210Liabilities 2019: $204,981Net Assets 2019: $1,023,2292019Assets 2020: $924,453Liabilities 2020: $187,975Net Assets 2020: $736,4782020Assets 2021: $1,058,455Liabilities 2021: $507,632Net Assets 2021: $550,8232021Assets 2022: $1,286,812Liabilities 2022: $625,057Net Assets 2022: $661,7552022Assets 2023: $3,226,163Liabilities 2023: $2,172,923Net Assets 2023: $1,053,2402023Assets 2024: $5,113,086Liabilities 2024: $3,938,584Net Assets 2024: $1,174,5022024

Highlighted filing

2022

Assets$1,286,812
Liabilities$625,057
Net Assets$661,755

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2018: $557,484Expenses 2018: $731,961Net Income 2018: -$174,4772018Revenue 2019: $1,124,241Expenses 2019: $1,348,731Net Income 2019: -$224,4902019Revenue 2020: $1,088,888Expenses 2020: $1,383,127Net Income 2020: -$294,2392020Revenue 2021: $908,922Expenses 2021: $1,093,247Net Income 2021: -$184,3252021Revenue 2022: $2,924,304Expenses 2022: $2,778,478Net Income 2022: $145,8262022Revenue 2023: $4,293,828Expenses 2023: $3,896,491Net Income 2023: $397,3372023Revenue 2024: $6,137,790Expenses 2024: $5,999,458Net Income 2024: $138,3322024

Highlighted filing

2022

Revenue$2,924,304
Expenses$2,778,478
Net Income$145,826
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 10, 2023
Return Version
2021v4.0
Gross Receipts
$2,924,304
Mission and Program Overview

Mission

The organization's mission is to advance education by helping colleges and universities design, develop, and deliver high quality competency-based degree programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$368,600$554,084▲ $185,484
Investments in Publicly Traded Securities$532,353$507,437▼ $24,916
Accounts Receivable$44,108$151,599▲ $107,491
Savings and Temporary Cash Investments$43,394$43,406▲ $12
Inventories for Sale or Use-$286-
Total Assets$1,058,455$1,286,812▲ $228,357
Other Assets Total$70,000$30,000▼ $40,000
Liabilities
Deferred Revenue$379,410$432,640▲ $53,230
Accounts Payable and Accrued Expenses$83,184$192,417▲ $109,233
Unsecured Notes Loans Payable$45,038--
Total Liabilities$507,632$625,057▲ $117,425
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$550,823$661,755▲ $110,932
Total Net Assets Fund Balance$550,823$661,755▲ $110,932
Total Liabilities and Net Assets / Fund Balance$1,058,455$1,286,812▲ $228,357
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charla Sheid LongExecutive DiFT$270,267$12,000$282,267
Charla Sheid LongExecutive Director-$200,000$82,267$282,267

Board Members and Trustees

NameTitle
Eric HeiserChair/direct
Brooks DohertyVice Chair/d
Amardeep KahlonDirector
Christina AmatoDirector
Emma MillerDirector
Jennifer GraebeDirector
Myk GarnDirector
Stephanie BernoteitDirector
Jillian KleinSecretary
Ray RiceTreasurer/di

Highest Paid Contractors

ContractorServicesLocationCompensation
Kb Educational SolutionsInstruct Design206 PROSPECT AVE, Long Beach, CA 90803$120,000
Whiteboard Advisors LLCCommun/pub Rel1000 POTOMAC ST NW STE 150, Washington, DC 20007$111,820
Revenue and Support

Revenue Composition

Contributions and Grants
$515,562
Program Service Revenue
$2,398,751
Investment Income
$9,991
Other Revenue
$0
All Other Contributions
$274,524
Change in Net Assets
$145,826

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,959,198
Revenue Not Reported on Financial Statements
$-34,894
Revenue Not Reported on Form 990
$-34,894
Other Revenue Adjustments
$-34,894
Total Revenue per Audited Statements
$2,924,304
Total Revenue per Form 990
$2,924,304
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,137,018
Salaries, Compensation, and Employee Benefits$641,460
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$992,835--$992,835
Conferences and Meetings$689,249$359-$689,608
Other Salaries and Wages$369,247$218,208-$587,455
Travel$91,742$22,936-$114,678
Information Technology$66,064$16,516-$82,580
Fees for Services Legal$50,662$12,666-$63,328
Payroll Taxes$37,351$16,654-$54,005
Fees for Services Accounting$42,080$10,520-$52,600
Advertising$32,383$8,096-$40,479
Office Expenses$5,938$15,814-$21,752
Insurance$6,447$1,612-$8,059
Other Expenses$5,940$1,485-$7,425
All Other Expenses$2,201$2,523-$4,724
Total Functional Expenses$2,410,321$368,157$0$2,778,478

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,813,372
Expenses per Audited Statements$2,778,478
Total Expenses per Form 990$2,778,478
Expenses Not Reported on Form 990$34,894
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
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

The form 990 will be emailed to all members of the board of directors. The board will have ample time to review the form 990 and ask questions. The board president will address any comments/questions/concerns. Any necessary changes will be made to the form 990 by the preparer.

Form 990, Page 6, Part VI, Line 12C

All board members, officers, and key employees (if any) are required to complete a conflict of interest questionnaire and acknowledge, not less than annually, that he or she has read and is in compliance with the conflict of interest policy. The organization's board, or any applicable committee, shall be responsible for reviewing the conflict of interest questionnaire, receiving disclosures of current or proposed transactions that might cause a conflict of interest, review the transaction to determine whether they meet the standard for approval listed in the policy, and maintain minutes and such other documentation as may be necessary and appropriate to document its review of the transaction.

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

A task force, comprising the board chair and vice chair (if any), after seeking input from all board members shall formerly evaluate the executive director annually, based on achievement of organizational goals and any other specific goals the board and executive director have agreed upon in advance, as well as the executive director's own written self-evaluation. The executive director's self-evaluation and the task force's overall evaluation shall be presented to the board annually. The task force will recommend the executive director's compensation and present it to the board for its review and approval.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Competency-based Education Network
EIN
82-1307652
Phone
6155171256
Address
1417 HANSON DRIVE, FRANKLIN, TN 37067

Signing Officer

Name
Eric Heiser
Title
Chair/director
Phone
6155171256
Signed
2023-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Heiser
Formed
2017
Legal Domicile
De
Voting Board Members
10
Independent Board Members
10
Employees
6

Preparer

Firm
FRAZIER & ASSOCIATES CPA'S
Address
284 SEABOARD LANE SUITE 110, FRANKLIN, TN 37067-8287
Preparer
Kimberly a Donchez CPA
Phone
6157941375
Supplemental Narrative

Additional Explanations

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

Over the past year, c-ben has diversified its services to include more consultancy and technical assistance. This growth has helped to stabilize the organization and create a sustainable business model for the non- profit's long-term viability. Our focus on growing membership has been renewed, after experiencing challenges from covid-19. Our members represent large state systems, like the university of wisconsin, to large not-for- profit entities like western governors university and southern new hampshire university. All member institutions share a common commitment to (1) build and promote high-quality standards and practices; (2) measure and share efficacy outcomes; (3) participate in a shared research agenda; (4) develop and foster continued innovation; and (5) educate policymakers about legislative and regulatory issues related to the growth, scale, and protection of the cbe movement. C-ben hosted its 8th annual cbexchange conference and a range of other client related events. C-ben is reaching thousands of leaders from hundreds of institutions each year at gatherings where they learn how to build and bring to scale high-quality programs. C-ben's collaboratory worked extensively on providing new resources to help institutions build relationships with employers so academic programs could meet workforce needs. The network's quality framework for cbe programs continues to be embraced as the leading tool for assessing quality of academic programs.

Form 990, Part IX, Line 11G

Contract labor 677,839 0 0 commissions 171,115 0 0 payroll processing fees 1,031 0 0 consulting arrangements 142,850 0 0 total 992,835 0 0

Form 990, Part XI, Line 9

Unrealized losses 34,894 unrealized losses -34,894

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

Unrealized losses -34,894

Schedule D, Page 4, Part XII, Line 2D

UNREALIZED LOSSES 34,894

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UNREALIZED LOSSES -34,894
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1UNREALIZED LOSSES 34,894
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHARLA SHEID LONG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OVER THE PAST YEAR, C-BEN HAS DIVERSIFIED ITS SERVICES TO INCLUDE MORE CONSULTANCY AND TECHNICAL ASSISTANCE. THIS GROWTH HAS HELPED TO STABILIZE THE ORGANIZATION AND CREATE A SUSTAINABLE BUSINESS MODEL FOR THE NON- PROFIT'S LONG-TERM VIABILITY. OUR FOCUS ON GROWING MEMBERSHIP HAS BEEN RENEWED, AFTER EXPERIENCING CHALLENGES FROM COVID-19. OUR MEMBERS REPRESENT LARGE STATE SYSTEMS, LIKE THE UNIVERSITY OF WISCONSIN, TO LARGE NOT-FOR- PROFIT ENTITIES LIKE WESTERN GOVERNORS UNIVERSITY AND SOUTHERN NEW HAMPSHIRE UNIVERSITY. ALL MEMBER INSTITUTIONS SHARE A COMMON COMMITMENT TO (1) BUILD AND PROMOTE HIGH-QUALITY STANDARDS AND PRACTICES; (2) MEASURE AND SHARE EFFICACY OUTCOMES; (3) PARTICIPATE IN A SHARED RESEARCH AGENDA; (4) DEVELOP AND FOSTER CONTINUED INNOVATION; AND (5) EDUCATE POLICYMAKERS ABOUT LEGISLATIVE AND REGULATORY ISSUES RELATED TO THE GROWTH, SCALE, AND PROTECTION OF THE CBE MOVEMENT. C-BEN HOSTED ITS 8TH ANNUAL CBEXCHANGE CONFERENCE AND A RANGE OF OTHER CLIENT RELATED EVENTS. C-BEN IS REACHING THOUSANDS OF LEADERS FROM HUNDREDS OF INSTITUTIONS EACH YEAR AT GATHERINGS WHERE THEY LEARN HOW TO BUILD AND BRING TO SCALE HIGH-QUALITY PROGRAMS. C-BEN'S COLLABORATORY WORKED EXTENSIVELY ON PROVIDING NEW RESOURCES TO HELP INSTITUTIONS BUILD RELATIONSHIPS WITH EMPLOYERS SO ACADEMIC PROGRAMS COULD MEET WORKFORCE NEEDS. THE NETWORK'S QUALITY FRAMEWORK FOR CBE PROGRAMS CONTINUES TO BE EMBRACED AS THE LEADING TOOL FOR ASSESSING QUALITY OF ACADEMIC PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 WILL BE EMAILED TO ALL MEMBERS OF THE BOARD OF DIRECTORS. THE BOARD WILL HAVE AMPLE TIME TO REVIEW THE FORM 990 AND ASK QUESTIONS. THE BOARD PRESIDENT WILL ADDRESS ANY COMMENTS/QUESTIONS/CONCERNS. ANY NECESSARY CHANGES WILL BE MADE TO THE FORM 990 BY THE PREPARER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES (IF ANY) ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE AND ACKNOWLEDGE, NOT LESS THAN ANNUALLY, THAT HE OR SHE HAS READ AND IS IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE ORGANIZATION'S BOARD, OR ANY APPLICABLE COMMITTEE, SHALL BE RESPONSIBLE FOR REVIEWING THE CONFLICT OF INTEREST QUESTIONNAIRE, RECEIVING DISCLOSURES OF CURRENT OR PROPOSED TRANSACTIONS THAT MIGHT CAUSE A CONFLICT OF INTEREST, REVIEW THE TRANSACTION TO DETERMINE WHETHER THEY MEET THE STANDARD FOR APPROVAL LISTED IN THE POLICY, AND MAINTAIN MINUTES AND SUCH OTHER DOCUMENTATION AS MAY BE NECESSARY AND APPROPRIATE TO DOCUMENT ITS REVIEW OF THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A TASK FORCE, COMPRISING THE BOARD CHAIR AND VICE CHAIR (IF ANY), AFTER SEEKING INPUT FROM ALL BOARD MEMBERS SHALL FORMERLY EVALUATE THE EXECUTIVE DIRECTOR ANNUALLY, BASED ON ACHIEVEMENT OF ORGANIZATIONAL GOALS AND ANY OTHER SPECIFIC GOALS THE BOARD AND EXECUTIVE DIRECTOR HAVE AGREED UPON IN ADVANCE, AS WELL AS THE EXECUTIVE DIRECTOR'S OWN WRITTEN SELF-EVALUATION. THE EXECUTIVE DIRECTOR'S SELF-EVALUATION AND THE TASK FORCE'S OVERALL EVALUATION SHALL BE PRESENTED TO THE BOARD ANNUALLY. THE TASK FORCE WILL RECOMMEND THE EXECUTIVE DIRECTOR'S COMPENSATION AND PRESENT IT TO THE BOARD FOR ITS REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACT LABOR 677,839 0 0 COMMISSIONS 171,115 0 0 PAYROLL PROCESSING FEES 1,031 0 0 CONSULTING ARRANGEMENTS 142,850 0 0 TOTAL 992,835 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UNREALIZED LOSSES 34,894 UNREALIZED LOSSES -34,894
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9

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