Civic Intelligence

Competency-Based Education Network Inc.

990 • Fiscal year 2023 • EIN 82-1307652

Jul 01, 2022 to Jun 30, 2023 • Filed on May 14, 2024

1417 Hanson DriveFranklin, TN 37067

(615) 517-1256

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$3,226,163

Up $1,939,351 (+151%) from 2022

Net Assets

Up

$1,053,240

Up $391,485 (+59%) from 2022

Liabilities

Up

$2,172,923

Up $1,547,866 (+248%) from 2022

Revenue And Expenses

Revenue

Up

$4,293,828

Up $1,369,524 (+47%) from 2022

Expenses

Up

$3,896,491

Up $1,118,013 (+40%) from 2022

Net Income

Up

$397,337

Up $251,511 (+172%) from 2022

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

2023

Assets$3,226,163
Liabilities$2,172,923
Net Assets$1,053,240

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

2023

Revenue$4,293,828
Expenses$3,896,491
Net Income$397,337
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$4,293,853
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.

The organization's mission is to catalyze a competency- and skills-first society for all individuals by equipping those who serve them with the educational supports and resources needed to expand equitable work-learn pathways.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$151,599$1,760,670▲ $1,609,071
Cash and Non-Interest-Bearing Accounts$554,084$762,646▲ $208,562
Investments in Publicly Traded Securities$507,437$516,345▲ $8,908
Savings and Temporary Cash Investments$43,406$44,664▲ $1,258
Prepaid Expenses and Deferred Charges-$15,213-
Inventories for Sale or Use$286$261▼ $25
Total Assets$1,286,812$3,226,163▲ $1,939,351
Other Assets Total$30,000$126,364▲ $96,364
Liabilities
Deferred Revenue$432,640$2,051,516▲ $1,618,876
Accounts Payable and Accrued Expenses$192,417$121,407▼ $71,010
Total Liabilities$625,057$2,172,923▲ $1,547,866
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$661,755$1,053,240▲ $391,485
Total Net Assets Fund Balance$661,755$1,053,240▲ $391,485
Total Liabilities and Net Assets / Fund Balance$1,286,812$3,226,163▲ $1,939,351
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charla Sheid LongPresident/diFT$418,454-$418,454
Charla Sheid LongPresident/director-$200,000$218,454$418,454
Amber Garrison DuncanExec Vice PrFT$277,601-$277,601
Amber Garrison DuncanExec Vice President-$200,000$77,601$277,601
Tiffany Freeze DentonVP ConsultinFT$216,833-$216,833
Tiffany Freeze DentonVP Consulting Svcs-$95,833$121,000$216,833
Yedid MinjaresDirector CONFT$121,943-$121,943

Board Members and Trustees

NameTitle
Brooks DohertyChair/direct
Jennifer GraebeVice Chair/d
Christina AmatoDirector
Diane DebackerDirector
Emma MillerDirector
Jamie FasteauDirector
Natalie JonesDirector
Stephanie BernoteitSecretary/di
Raymond RiceTreasurer/di

Highest Paid Contractors

ContractorServicesLocationCompensation
Mursion INCSimulation Svcs2443 FILLMORE ST STE 515, San Francisco, CA 94115$308,000
Whiteboard Advisors LLCCommun/pub Rel1000 POTOMAC ST NW STE 150, Washington, DC 20007$111,931
Revenue and Support

Revenue Composition

Contributions and Grants
$2,065,475
Program Service Revenue
$2,202,332
Investment Income
$16,019
Other Revenue
$10,002
All Other Contributions
$1,956,150
Change in Net Assets
$397,337

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,299,705
Revenue Not Reported on Financial Statements
$-5,877
Revenue Not Reported on Form 990
$-5,852
Other Revenue Adjustments
$-5,877
Total Revenue per Audited Statements
$4,293,853
Total Revenue per Form 990
$4,293,828
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,816,312
Salaries, Compensation, and Employee Benefits$1,074,179
Grants and Similar Amounts Paid$6,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,399,355--$1,399,355
Other Salaries and Wages$708,811$258,687-$967,498
Conferences and Meetings$797,569--$797,569
Information Technology$108,895$27,223-$136,118
Travel$101,568$25,392-$126,960
Advertising$82,678$20,669-$103,347
Fees for Services Legal$58,373$14,593-$72,966
Fees for Services Accounting$54,260$13,565-$67,825
Payroll Taxes$33,232$20,301-$53,533
Other Employee Benefits$53,148--$53,148
Insurance$9,821$2,455-$12,276
All Other Expenses$5,161$3,707-$8,868
Grants to Domestic Orgs$6,000--$6,000
Other Expenses$4,082$1,021-$5,103
Office Expenses$1,463$2,896-$4,359
Total Functional Expenses$3,445,309$451,182$0$3,896,491

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,902,368
Expenses per Audited Statements$3,896,491
Total Expenses per Form 990$3,896,491
Expenses Not Reported on Form 990$5,877
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
Charla Sheid Long
Title
President/director
Phone
6155171256
Signed
2024-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charla Sheid Long
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 - ORGANIZATION'S MISSION

The organization's mission is to catalyze a competency- and skills-first society for all individuals by equipping those who serve them with the educational supports and resources needed to expand equitable work-learn pathways.

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

Over the past year, the competency-based education network (c-ben) has made substantial strides in fostering a competency and skills-first society by providing essential educational supports and resources. Our efforts are focused on creating equitable work-learn pathways for individuals and empowering educators with innovative tools and approaches. Our staff has grown from 3 to 9 full-time employees. This expansion enables c-ben to provide essential support to a growing range of projects and initiatives. Throughout the year, we have co-facilitated the american association of colleges of nursing competency-based essentials workshops nationwide, training over half of all colleges of nursing in the united states. These workshops have bolstered our market presence and contributed to the advancement of competency-based approaches to address national workforce shortages in nursing. We have expanded efforts to support learners through our work with the navajo nation. We have begun to create individualized employability development pathways aligned with available jobs, while helping these learners move toward financial independence and life autonomy. This work has been embraced by the navajo nation and its tribal colleges. We have continued our work with the state of alabama on its talent triad, which aims to great a comprehensive skills-based talent marketplace to connect unemployed and under-employed alabamians to employment and education opportunities. The innovative work in alabama, supported by c-ben, is a model for other states. As an extension of prior work with the kentucky community and technical college system, c-ben began supporting the state of kentucky and its council for postsecondary education to develop a statewide approach to graduate profile essential skills, set for completion in november 2024. C-ben is supporting tennessee's innovative teacher apprenticeship program, which aims to address the teacher shortage through a zero-tuition competency-based pathway. This is a small sampling of the essential supports and resources c-ben is providing to institutions, states and employers with the outcomes benefitting all learners. Our annual cbexchange conference continues to attract significant attention, with the resources provided being hailed by academic institutions as the conference for all things competency-based, skills- first. The conference is a key event for networking and sharing advances in competency-based education during the national push toward a skills-first economy. Additionally, the cbexchange asia pacific conference mirrored the success of its u.s. Counterpart, signaling our expanding global influence. Our competentu learning system, providing on-demand supports and resources through 15 courses across various competency-based education topics, is designed to expand our reach and impact. These courses are available as part of two certificate programs or three microcertificates, each focusing on different aspects of competency-based education. We have revamped our membership structure to enhance engagement and value for our members, aligning it with our conference registration process. This restructuring has led to smoother operations and improved member experience. There is also a no-cost membership option available. Our membership is comprised of large academic institutions, such as southern new hampshire university, capella university, and western governors university, to smaller liberal arts colleges. Additionally, we have experienced more states and employers engaging in the network as they seek to address labor shortages and low labor force participation with skills-first, competency-based solutions. In summary, c-ben's operational advancements over the past year have solidified our position as a leader in the competency-based education field. Our initiatives have not only expanded our organizational capacity but have also significantly contributed to our financial growth and stability. We remain comm

Form 990, Part IX, Line 11G

Contract labor 987,607 0 0 payroll processing fees 1,330 0 0 program service arrangements 410,418 0 0 total 1,399,355 0 0

Form 990, Part XI, Line 9

Unrealized losses 5,852 cost of goods sold 25 unrealized losses -5,852 cost of goods sold -25

Financial Statement Notes

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

Unrealized losses -5,852 cost of goods sold -25

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

Unrealized losses 5,852 cost of goods sold 25

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IRS990/Desc0OVER THE PAST YEAR, THE COMPETENCY-BASED EDUCATION NETWORK (C-BEN) HAS MADE SUBSTANTIAL STRIDES IN FOSTERING A COMPETENCY AND SKILLS-FIRST SOCIETY BY PROVIDING ESSENTIAL EDUCATIONAL SUPPORTS AND RESOURCES. OUR EFFORTS ARE FOCUSED ON CREATING EQUITABLE WORK-LEARN PATHWAYS FOR INDIVIDUALS AND EMPOWERING EDUCATORS WITH INNOVATIVE TOOLS AND APPROACHES. OUR STAFF HAS GROWN FROM 3 TO 9 FULL-TIME EMPLOYEES. THIS EXPANSION ENABLES C-BEN TO PROVIDE ESSENTIAL SUPPORT TO A GROWING RANGE OF PROJECTS AND INITIATIVES. THROUGHOUT THE YEAR, WE HAVE CO-FACILITATED THE AMERICAN ASSOCIATION OF COLLEGES OF NURSING COMPETENCY-BASED ESSENTIALS WORKSHOPS NATIONWIDE, TRAINING OVER HALF OF ALL COLLEGES OF NURSING IN THE UNITED STATES. THESE WORKSHOPS HAVE BOLSTERED OUR MARKET PRESENCE AND CONTRIBUTED TO THE ADVANCEMENT OF COMPETENCY-BASED APPROACHES TO ADDRESS NATIONAL WORKFORCE SHORTAGES IN NURSING. WE HAVE EXPANDED EFFORTS TO SUPPORT LEARNERS THROUGH OUR WORK WITH THE NAVAJO NATION. WE HAVE BEGUN TO CREATE INDIVIDUALIZED EMPLOYABILITY DEVELOPMENT PATHWAYS ALIGNED WITH AVAILABLE JOBS, WHILE HELPING THESE LEARNERS MOVE TOWARD FINANCIAL INDEPENDENCE AND LIFE AUTONOMY. THIS WORK HAS BEEN EMBRACED BY THE NAVAJO NATION AND ITS TRIBAL COLLEGES. WE HAVE CONTINUED OUR WORK WITH THE STATE OF ALABAMA ON ITS TALENT TRIAD, WHICH AIMS TO GREAT A COMPREHENSIVE SKILLS-BASED TALENT MARKETPLACE TO CONNECT UNEMPLOYED AND UNDER-EMPLOYED ALABAMIANS TO EMPLOYMENT AND EDUCATION OPPORTUNITIES. THE INNOVATIVE WORK IN ALABAMA, SUPPORTED BY C-BEN, IS A MODEL FOR OTHER STATES. AS AN EXTENSION OF PRIOR WORK WITH THE KENTUCKY COMMUNITY AND TECHNICAL COLLEGE SYSTEM, C-BEN BEGAN SUPPORTING THE STATE OF KENTUCKY AND ITS COUNCIL FOR POSTSECONDARY EDUCATION TO DEVELOP A STATEWIDE APPROACH TO GRADUATE PROFILE ESSENTIAL SKILLS, SET FOR COMPLETION IN NOVEMBER 2024. C-BEN IS SUPPORTING TENNESSEE'S INNOVATIVE TEACHER APPRENTICESHIP PROGRAM, WHICH AIMS TO ADDRESS THE TEACHER SHORTAGE THROUGH A ZERO-TUITION COMPETENCY-BASED PATHWAY. THIS IS A SMALL SAMPLING OF THE ESSENTIAL SUPPORTS AND RESOURCES C-BEN IS PROVIDING TO INSTITUTIONS, STATES AND EMPLOYERS WITH THE OUTCOMES BENEFITTING ALL LEARNERS. OUR ANNUAL CBEXCHANGE CONFERENCE CONTINUES TO ATTRACT SIGNIFICANT ATTENTION, WITH THE RESOURCES PROVIDED BEING HAILED BY ACADEMIC INSTITUTIONS AS THE CONFERENCE FOR ALL THINGS COMPETENCY-BASED, SKILLS- FIRST. THE CONFERENCE IS A KEY EVENT FOR NETWORKING AND SHARING ADVANCES IN COMPETENCY-BASED EDUCATION DURING THE NATIONAL PUSH TOWARD A SKILLS-FIRST ECONOMY. ADDITIONALLY, THE CBEXCHANGE ASIA PACIFIC CONFERENCE MIRRORED THE SUCCESS OF ITS U.S. COUNTERPART, SIGNALING OUR EXPANDING GLOBAL INFLUENCE. OUR COMPETENTU LEARNING SYSTEM, PROVIDING ON-DEMAND SUPPORTS AND RESOURCES THROUGH 15 COURSES ACROSS VARIOUS COMPETENCY-BASED EDUCATION TOPICS, IS DESIGNED TO EXPAND OUR REACH AND IMPACT. THESE COURSES ARE AVAILABLE AS PART OF TWO CERTIFICATE PROGRAMS OR THREE MICROCERTIFICATES, EACH FOCUSING ON DIFFERENT ASPECTS OF COMPETENCY-BASED EDUCATION. WE HAVE REVAMPED OUR MEMBERSHIP STRUCTURE TO ENHANCE ENGAGEMENT AND VALUE FOR OUR MEMBERS, ALIGNING IT WITH OUR CONFERENCE REGISTRATION PROCESS. THIS RESTRUCTURING HAS LED TO SMOOTHER OPERATIONS AND IMPROVED MEMBER EXPERIENCE. THERE IS ALSO A NO-COST MEMBERSHIP OPTION AVAILABLE. OUR MEMBERSHIP IS COMPRISED OF LARGE ACADEMIC INSTITUTIONS, SUCH AS SOUTHERN NEW HAMPSHIRE UNIVERSITY, CAPELLA UNIVERSITY, AND WESTERN GOVERNORS UNIVERSITY, TO SMALLER LIBERAL ARTS COLLEGES. ADDITIONALLY, WE HAVE EXPERIENCED MORE STATES AND EMPLOYERS ENGAGING IN THE NETWORK AS THEY SEEK TO ADDRESS LABOR SHORTAGES AND LOW LABOR FORCE PARTICIPATION WITH SKILLS-FIRST, COMPETENCY-BASED SOLUTIONS. IN SUMMARY, C-BEN'S OPERATIONAL ADVANCEMENTS OVER THE PAST YEAR HAVE SOLIDIFIED OUR POSITION AS A LEADER IN THE COMPETENCY-BASED EDUCATION FIELD. OUR INITIATIVES HAVE NOT ONLY EXPANDED OUR ORGANIZATIONAL CAPACITY BUT HAVE ALSO SIGNIFICANTLY CONTRIBUTED TO OUR FINANCIAL GROWTH AND STABILITY. WE REMAIN COMM
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