Civic Intelligence

Rooted

990 • Fiscal year 2020 • EIN 82-3215105

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 01, 2021

1390 Lawrence Street No 200Denver, CO 80204

(303) 579-4407

Siviq Scores

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

Liabilities / Assets

45th percentile

0.13x

Higher debt load relative to assets than 45% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

31st percentile

0.10x

Higher debt load relative to revenue than 31% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

81st percentile

28%

Higher net margin than 81% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

77th percentile

$203,959

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

91st percentile

64%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

75th percentile

18%

Faster revenue growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$7,432,149

Up $2,905,787 (+64%) from 2019

Net Assets

Up

$6,466,612

Up $2,693,314 (+71%) from 2019

Liabilities

Up

$965,537

Up $212,473 (+28%) from 2019

Revenue

Up

$9,569,872

Up $1,471,527 (+18%) from 2019

Expenses

Down

$6,876,558

Down $82,195 (-1.2%) from 2019

Net Income

Up

$2,693,314

Up $1,553,722 (+136%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2018: $2,643,763Liabilities 2018: $10,057Net Assets 2018: $2,633,7062018Assets 2019: $4,526,362Liabilities 2019: $753,064Net Assets 2019: $3,773,2982019Assets 2020: $7,432,149Liabilities 2020: $965,537Net Assets 2020: $6,466,6122020Assets 2021: $4,963,250Liabilities 2021: $115,062Net Assets 2021: $4,848,1882021Assets 2022: $4,954,535Liabilities 2022: $93,051Net Assets 2022: $4,861,4842022Assets 2023: $1,496,052Liabilities 2023: $282,455Net Assets 2023: $1,213,5972023Assets 2024: $698,230Liabilities 2024: $202,164Net Assets 2024: $496,0662024

Highlighted filing

2020

Assets$7,432,149
Liabilities$965,537
Net Assets$6,466,612

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2018: $3,345,767Expenses 2018: $712,061Net Income 2018: $2,633,7062018Revenue 2019: $8,098,345Expenses 2019: $6,958,753Net Income 2019: $1,139,5922019Revenue 2020: $9,569,872Expenses 2020: $6,876,558Net Income 2020: $2,693,3142020Revenue 2021: $7,608,549Expenses 2021: $9,226,972Net Income 2021: -$1,618,4232021Revenue 2022: $5,451,366Expenses 2022: $5,438,070Net Income 2022: $13,2962022Revenue 2023: $2,050,074Expenses 2023: $5,697,961Net Income 2023: -$3,647,8872023Revenue 2024: $4,269,410Expenses 2024: $4,986,941Net Income 2024: -$717,5312024

Highlighted filing

2020

Revenue$9,569,872
Expenses$6,876,558
Net Income$2,693,314
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 1, 2021
Return Version
2019v5.2
Gross Receipts
$9,569,872
Mission and Program Overview

Mission

To dramatically increase the number of DPS students attending schools that partner authentically with communities to deliver a high quality education for all.

See page 2 , part III, line 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,502,957$7,398,545▲ $2,895,588
Prepaid Expenses and Deferred Charges$6,797$22,721▲ $15,924
Land, Buildings, and Equipment, Net$16,608$10,883▼ $5,725
Total Assets$4,526,362$7,432,149▲ $2,905,787
Liabilities
Grants Payable$742,500$905,000▲ $162,500
Accounts Payable and Accrued Expenses$10,564$60,537▲ $49,973
Total Liabilities$753,064$965,537▲ $212,473
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,003,704$5,618,535▲ $2,614,831
Net Assets Without Donor Restrictions$769,594$848,077▲ $78,483
Total Net Assets Fund Balance$3,773,298$6,466,612▲ $2,693,314
Total Liabilities and Net Assets / Fund Balance$4,526,362$7,432,149▲ $2,905,787

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,883$7,920$18,803
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patrick DonovanManaging PartnerFT$173,558$30,401$203,959
Nathan EasleyCEO (thru 3/2019)FT$107,169$6,733$113,902

Board Members and Trustees

NameTitle
Hollie Velasquez-HorvathChair
Brenda J AllenDirector
Ethan GrayDirector
Luis de la FuenteDirector
Nick BoltDirector (thru 6/2020)
Jesus SalazarSecretary
Abigail SchallerTreasurer
Mary SeawellTreasurer (thru 3/2020)

Highest Paid Contractors

ContractorServicesLocationCompensation
Turn CorpsCommunity engagement consulting1001 Bannock St, Denver, CO 80205$199,420
Revenue and Support

Revenue Composition

Contributions and Grants
$9,550,000
Program Service Revenue
$0
Investment Income
$20,939
Other Revenue
$-1,067
All Other Contributions
$9,550,000
Change in Net Assets
$2,693,314

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,569,872
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$9,569,872
Total Revenue per Form 990
$9,569,872
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,814,371
Other Expenses$568,159
Salaries, Compensation, and Employee Benefits$494,028
Total Fundraising Expense$36,975
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,814,371--$5,814,371
Current Officers, Directors, Trustees, and Key Employees$196,167$33,108$11,433$240,708
Other Salaries and Wages$156,261$26,988$5,259$188,508
Other Expenses$98,187$17,278$4,535$120,000
Office Expenses$45,650$8,036$2,109$55,795
Fees for Services Accounting-$30,860-$30,860
Other Employee Benefits$21,408$5,118$696$27,222
Payroll Taxes$21,921$3,857$1,012$26,790
Occupancy$12,908$7,401$596$20,905
Travel$10,316$1,472$386$12,174
Pension Plan Contributions$8,475$2,056$269$10,800
Advertising--$10,360$10,360
Insurance$4,198$739$194$5,131
Depreciation Depletion-$3,380-$3,380
Fees for Services Legal$2,673$471$126$3,270
Total Functional Expenses$6,656,090$183,493$36,975$6,876,558

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,876,558
Total Expenses per Audited Statements$6,876,558
Total Expenses per Form 990$6,876,558
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
LyraDenver, CO501(c)(3)Autonomous School Capacity Building and Expansion$850,000
DSST Public SchoolDenver, CO501(c)(3)Autonomous School Expansion; Community Driven Change$639,000
Rocky Mountain Preparatory SchoolsDenver, CO501(c)(3)Autonomous School Expansion$535,750
Strive Preparatory SchoolsDenver, CO501(c)(3)Autonomous School Capacity Building$365,000
KIPP Colorado SchoolsDenver, CO501(c)(3)Autonomous School Expansion$364,000
A ColoradoDenver, CO501(c)(3)Program/Other$295,000
Beacon NetworkDenver, CO501(c)(3)Autonomous School Expansion$291,000
Northeast Denver Innovation ZoneDenver, CO501(c)(3)Autonomous School Capacity Building$265,000
Colorado League of Charter SchoolsDenver, CO501(c)(3)Community Driven Change$230,000
Luminary Learning NetworkDenver, CO501(c)(3)Autonomous School Expansion$225,000
Ed Board PartnersBethesda, MD501(c)(3)Community Driven Change$220,000
Moonshot edVenturesDenver, CO501(c)(3)Program/Other$200,000
Denver Public SchoolsDenver, CO501(c)(3)Autonomous School Expansion; Community Driven Change$152,400
FaithbridgeDenver, CO501(c)(3)Community Driven Change$150,750
Education Reform NowDenver, CO501(c)(3)Community Driven Change$150,000
50 Can IncWashington, DC501(c)(3)Community Driven Change$100,000
Teach for AmericaNew York, NY501(c)(3)Program/Other$100,000
Turn CorpsDenver, CO501(c)(3)Community Driven Change$96,500
Radian Placematters IncDenver, CO501(c)(3)Program/Other$92,000
Climb Higher ColoradoDenver, CO501(c)(3)Community Driven Change$75,000
Rose Community FoundationDenver, CO501(c)(3)Community Driven Change$66,271
Our TurnNew York, NY501(c)(3)Community Driven Change$62,000
African Leadership GroupDenver, CO501(c)(3)Community Driven Change$60,000
Relay Graduate School of EducationNew York, NY501(c)(3)Program/Other$50,000
YaaspaDenver, CO-Community Driven Change$50,000
ReSchoolDenver, CO501(c)(3)Community Driven Change$30,000
Larasa Dba CllaroDenver, CO501(c)(3)Community Driven Change$25,000
Montbello Organizing CommitteeDenver, CO501(c)(3)Community Driven Change$25,000
University of Colorado FoundationBoulder, CO501(c)(3)Community Driven Change$19,000
Colorado SucceedsDenver, CO501(c)(3)Community Driven Change$10,000
Georgetown University EconomicsSeattle, WA501(c)(3)Autonomous School Capacity Building$7,500
Girls Athletic Leadership School of DenverDenver, CO501(c)(3)Program/Other$6,000
University Preparatory SchoolsDenver, CO-Program/Other$6,000
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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 A, line 4

The bylaws were amended and restated during the year. The changes formally recognized the organization's name from Blue School Partners to RootED; allowed The Gates Family Foundation and The City Fund to each appoint one director; clarified the actions directors may take outside of a directors meeting; and now recognize a Managing Partner instead of a CEO.

Form 990, Part VI, Section B, line 11B

The board of directors each complete an independent review of the Form 990 and provide comments prior to filing.

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

Officers, directors, and key employees submit a written conflict of interest statement to the board of direcotrs on an annual basis. The board reviews these statements and monitors and potential conflicts that may arise throughout the year.

Form 990, Part VI, Section B, line 15

An evaluation of comparable data from similar education organizations across the United States was conducted and this information along with a recommendation for compensation ranges was presented to the RootED Board for consideration and determination.

Form 990, Part VI, Section C, line 19

The governing documents, conflict of interest policy, and financial statements are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
RootED
EIN
82-3215105
Phone
3035794407
Address
1390 Lawrence Street No 200, Denver, CO 80204

Signing Officer

Name
Patrick Donovan
Title
Managing Partner
Phone
3035794407
Signed
2021-03-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Donovan
Formed
2017
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
6
Volunteers
8

Preparer

Firm
Kundinger Corder & Engle PC
Address
475 Lincoln Street Suite 200, Denver, CO 80203
Preparer
Kristin Calder CPA
Phone
3035345953
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

No changes during the year.

Raw XML AppendixShowing 400 of 784 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/MissionDesc0To dramatically increase the number of DPS students attending schools that partner authentically with communities to deliver a high quality education for all.
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IRS990/PrincipalOfficerNm0Patrick Donovan
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IRS990/ProgSrvcAccomActy2Grp/Desc0Investor - RootED will raise and coordinate the use of philanthropic resources aligned with achieving the organizations mission. RootED will ensure that the resources available are aligned with effective high quality seats and community partnership strategies and are used to support the most critical strategies, tactics, and partners. RootED will focus on investments in quality school development, community empowerment partnership/advocacy and effective school leader and teacher talent.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Advocate -RootED will work to ensure the existence of a policy environment that supports the success of quality schools. RootED will seek an environment where school leaders and communities have the autonomy they need to make and advocate for decisions in the best interests of students: where schools operate under clear performance expectations and accountability and where parents/families are provided information and agency to make informed choices for their children, and have resources that are equitably allocated to support high quality education.
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