Civic Intelligence

The Modern Classrooms Project Inc

990 • Fiscal year 2022 • EIN 82-5421304

Jan 01, 2022 to Dec 31, 2022 • Filed on May 11, 2023

15 14th Street SEWashington, DC 20003

(202) 750-1084

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.08x

Higher debt load relative to assets than 43% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

28th percentile

0.06x

Higher debt load relative to revenue than 28% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

85th percentile

40%

Higher net margin than 85% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

81st percentile

$228,324

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

96th percentile

141%

Faster asset growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

153%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$5,458,403

Up $3,192,270 (+141%) from 2021

Net Assets

Up

$5,012,937

Up $3,131,688 (+166%) from 2021

Liabilities

Up

$445,466

Up $60,582 (+16%) from 2021

Revenue

Up

$7,754,867

Up $4,693,298 (+153%) from 2021

Expenses

Up

$4,623,179

Up $2,479,853 (+116%) from 2021

Net Income

Up

$3,131,688

Up $2,213,445 (+241%) from 2021

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2018: $40,024Liabilities 2018: $0Net Assets 2018: $40,0242018Assets 2019: $435,009Liabilities 2019: $5,220Net Assets 2019: $429,7892019Assets 2020: $1,050,664Liabilities 2020: $87,658Net Assets 2020: $963,0062020Assets 2021: $2,266,133Liabilities 2021: $384,884Net Assets 2021: $1,881,2492021Assets 2022: $5,458,403Liabilities 2022: $445,466Net Assets 2022: $5,012,9372022Assets 2023: $6,301,540Liabilities 2023: $474,047Net Assets 2023: $5,827,4932023Assets 2024: $8,251,792Liabilities 2024: $793,103Net Assets 2024: $7,458,6892024Assets 2025: $11,268,387Liabilities 2025: $1,307,517Net Assets 2025: $9,960,8702025

Highlighted filing

2022

Assets$5,458,403
Liabilities$445,466
Net Assets$5,012,937

Operations Trend

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

$15M$10M$5.0M$0Revenue 2018: $90,267Expenses 2018: $50,243Net Income 2018: $40,0242018Revenue 2019: $472,066Expenses 2019: $118,606Net Income 2019: $353,4602019Revenue 2020: $1,163,712Expenses 2020: $630,495Net Income 2020: $533,2172020Revenue 2021: $3,061,569Expenses 2021: $2,143,326Net Income 2021: $918,2432021Revenue 2022: $7,754,867Expenses 2022: $4,623,179Net Income 2022: $3,131,6882022Revenue 2023: $7,059,682Expenses 2023: $6,246,819Net Income 2023: $812,8632023Revenue 2024: $12,439,198Expenses 2024: $10,850,268Net Income 2024: $1,588,9302024Revenue 2025: $13,826,909Expenses 2025: $11,328,885Net Income 2025: $2,498,0242025

Highlighted filing

2022

Revenue$7,754,867
Expenses$4,623,179
Net Income$3,131,688
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 11, 2023
Return Version
2022v5.0
Gross Receipts
$7,755,537
Mission and Program Overview

Mission

The modern classrooms project empowers educators to build classrooms that respond to every student's needs

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,655,372$3,828,282▲ $2,172,910
Pledges and Grants Receivable$31,100$919,960▲ $888,860
Savings and Temporary Cash Investments$500,636$503,951▲ $3,315
Accounts Receivable$43,071$141,714▲ $98,643
Prepaid Expenses and Deferred Charges$11,488$34,782▲ $23,294
Land, Buildings, and Equipment, Net$23,299$28,647▲ $5,348
Intangible Assets$1,167$1,067▼ $100
Total Assets$2,266,133$5,458,403▲ $3,192,270
Liabilities
Accounts Payable and Accrued Expenses$141,739$257,637▲ $115,898
Deferred Revenue$243,145$187,829▼ $55,316
Total Liabilities$384,884$445,466▲ $60,582
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,376,049$3,530,699▲ $2,154,650
Net Assets With Donor Restrictions$505,200$1,482,238▲ $977,038
Total Net Assets Fund Balance$1,881,249$5,012,937▲ $3,131,688
Total Liabilities and Net Assets / Fund Balance$2,266,133$5,458,403▲ $3,192,270

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$28,647$14,927$43,574
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert BarnettPresidentFT$160,782$61,337$228,324
Kareem Farah - ChiefExecutive ofFT$205,656$6,030$211,686
Kareem Farah - ChiefExecutive Officer-$164,406$53,485$211,686
Annie Cole - Vice President of DataStrategy/evaFT$137,899$10,597$148,496
Christine Barford - Vice PresidentOf PartnershFT$137,976$10,354$148,330
Steven Rice - Vice President ofPeopleFT$129,406$12,531$141,937
Megan Mcgregor - Vice President ofProgramsFT$124,932$9,526$134,458
Rex Bolinger - Head of StrategicPartnershipsFT$104,235$26,928$131,163

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$5,216,647
Program Service Revenue
$2,532,699
Investment Income
$3,314
Other Revenue
$2,207
All Other Contributions
$5,216,647
Change in Net Assets
$3,131,688

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,754,867
Revenue Not Reported on Form 990
$106,049
Total Revenue per Audited Statements
$7,860,916
Total Revenue per Form 990
$7,754,867
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,647,551
Other Expenses$1,975,628
Total Fundraising Expense$202,634
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,641,526$156,763$31,632$1,829,921
Fees for Services Other$1,206,662$3,000$98,870$1,308,532
Current Officers, Directors, Trustees, and Key Employees$361,443$34,165$53,960$449,568
Advertising$184,263$12,551-$196,814
Information Technology$159,220$13,143$1,456$173,819
Payroll Taxes$141,233$19,207$5,842$166,282
Other Employee Benefits$135,549$18,960$5,199$159,708
Travel$90,028$11,551$1,217$102,796
Fees for Services Accounting$3,354$76,869$121$80,344
Pension Plan Contributions$35,420$4,956$1,696$42,072
Office Expenses$14,280$7,933$2,019$24,232
Depreciation Depletion$10,155$1,031$369$11,555
Insurance-$7,786-$7,786
Other Expenses$5,456$349$178$5,983
All Other Expenses$2,635$1,017$25$3,677
Total Functional Expenses$4,046,097$374,448$202,634$4,623,179

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,729,228
Expenses per Audited Statements$4,623,179
Total Expenses per Form 990$4,623,179
Expenses Not Reported on Form 990$106,049
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 organization has established a finance committee which is composed of 5 members of the board of directors. The duties and responsibility of the finance committee include the independent audit report review function and the form 990 review. Specifically, the form 990 is provided electronically to all finance committee members, and to any other board members upon request. Board members forward any comments or questions directly to the organization's president prior to filing.

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

Consistent with the organization's conflict of interest policy, the organization's president will monitor proposed or ongoing conflicts of interest and disclose them to the finance committee. After consultation with the finance committee, the president shall determine whether a material conflict exists, and in the case of a material conflict, whether the contemplated transaction may be authorized as being necessary for a compelling reason, just, fair, and reasonable to the organization. The president will present his determination to the executive director, who will have final responsibility for making this decision, in the interests of the welfare of the organization and the advancement of its purpose. The president will provide an annual update to the board of directors on conflict-of-interest disclosures.

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

The process of determining and approving the compensation of the organization's top management officials included 1) review and approval by the board of directors, 2) use of the guidestar nonprofit compensation report as comparable comparison, and 3)contemporaneous documentation and recordkeeping. 1)review and approval. The compensation of top management officials was reviewed and approved by the entire board of directors at the organization's annual meeting. Any persons with conflicts of interest left the room while compensation was reviewed and approved. 2)use of the guidestar nonprofit compensation report as to comparable compensation. In making its decisions about compensation, the board of directors used data as to comparable compensation for similarly situated and qualified individuals in functionally comparable positions at similarly situated organizations. For the 2019 fiscal year, four distinct similarly situated organizations were considered. 3)contemporaneous documentation and recordkeeping. There is contemporaneous documentation and recordkeeping with respect to the deliberations and decisions regarding executive compensation, including but not limited to the meeting minutes for the board's annual meeting.

Form 990, Page 6, Part VI, Line 17

Maryland, maine, michigan, minnesota, mississippi, north carolina, north dakota, new hampshire, new jersey, new york, ohio, oklahoma, oregon, pennsylvania, rhode island, south carolina, tennessee, utah, virginia, washington, dist of columbia, wisconsin, west virginia

Form 990, Page 6, Part VI, Line 19

The organization's most recent financial statements and form 990 (with donors names omitted) are made available on the organization's website. All prior financial statements, governing documents, conflict of interest policy are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Modern Classrooms Project Inc
EIN
82-5421304
Phone
2027501084
Address
15 14TH STREET SE, WASHINGTON, DC 20003

Signing Officer

Name
Kareem Farah - Chief
Title
Executive Officer
Phone
2027501084
Signed
2023-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kareem Farah
Formed
2018
Legal Domicile
Dc
Voting Board Members
11
Independent Board Members
10
Employees
24
Volunteers
15

Preparer

Firm
Kendall Prebola and Jones LLC
Address
PO BOX 259, BEDFORD, PA 15522-0259
Preparer
Richard M Jones CPA
Phone
8146231880
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers consist of board members and pro bono lawyers who donated their time and services.

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

Program development and evaluation the modern classrooms project continuously evaluates the effectiveness of its programs and products to ensure it delivers its intended results through an ongoing process of collecting and analyzing data. The organization has been driven by data from the start and collects data from a variety of sources across the year both for evaluative and continuous improvement purposes and by integrating action-oriented data review into its team's standard activities. Through our program development and evaluation work, we assess teacher growth through our virtual mentorship program and free course and use the data to continuously improve the training experience. We seek to understand educator implementation practices and use the data to continuously improve our implementation support services. And we measure the impact of our model on teachers, students, and schools.

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

Implementation support we work with partner schools and districts to provide: site visits (in person): upon request, we will travel to schools/districts to conduct classroom observations, lead in-person implementer discussions, and meet with educators. Implementer discussions (virtual): we run one-hour webinars to discuss trends in implementation and methods to build more equitable and differentiated classrooms. Expert consultation: educators may sign up for on-demand coaching calls with our teacher mentors. Educators may pay for this service individually, or partners may provide this for their educators. Free online course our free online course is our most popular product. It contains every resource, guide, video, and template we have ever created for our teachers. Participants typically spend 3-5 hours completing the course. The goal of the course is to give any teacher, anywhere, the materials and best practices to launch a blended, self-paced, mastery-based classroom of their own. As of january 2023, over 50,000 educators in 150+ countries have enrolled in this course.

Form 990, Part IX, Line 11G

User survey 27,375 0 0 mentor payments 291,500 0 0 mentoring 506,951 0 0 affiliate payments 7,425 0 0 translation and communication 19,760 0 0 stipends 112,606 3,000 98,870 participant recruitment 4,505 0 0 business ambassadors 76,250 0 0 program facilitation 160,290 0 0 total 1,206,662 3,000 98,870

Financial Statement Notes

Schedule D, Page 3, Part X

Accounting principles generally accepted in the united states of america provide consistent guidance for the accounting for uncertainty in income taxes recognized in the modern classrooms projects financial statements and prescribe a threshold of more likely than not for recognition of tax positions taken or expected to be taken in a tax return. The modern classrooms project performed an evaluation of uncertain tax positions for the year ended december 31, 2022, and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status. As of december 31, 2022, the statute of limitations for tax years 2019 through 2021 remain open with the u.s. Federal jurisdiction or the various states and local jurisdictions in which the modern classrooms project files tax returns. It is the modern classrooms projects policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense. As of december 31, 2022, the modern classrooms project had no accruals for interest and/or penalties.

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IRS990/Form990PartVIISectionAGrp/PersonNm16MEGAN MCGREGOR - VICE PRESIDENT OF
IRS990/Form990PartVIISectionAGrp/PersonNm17ANNIE COLE - VICE PRESIDENT OF DATA
IRS990/Form990PartVIISectionAGrp/PersonNm18REX BOLINGER - HEAD OF STRATEGIC
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE OF
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14OF PARTNERSH
IRS990/Form990PartVIISectionAGrp/TitleTxt15PEOPLE
IRS990/Form990PartVIISectionAGrp/TitleTxt16PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt17STRATEGY/EVA
IRS990/Form990PartVIISectionAGrp/TitleTxt18PARTNERSHIPS
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IRS990/MissionDesc0THE MODERN CLASSROOMS PROJECT EMPOWERS EDUCATORS TO BUILD CLASSROOMS THAT RESPOND TO EVERY STUDENT'S NEEDS
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROGRAM DEVELOPMENT AND EVALUATION THE MODERN CLASSROOMS PROJECT CONTINUOUSLY EVALUATES THE EFFECTIVENESS OF ITS PROGRAMS AND PRODUCTS TO ENSURE IT DELIVERS ITS INTENDED RESULTS THROUGH AN ONGOING PROCESS OF COLLECTING AND ANALYZING DATA. THE ORGANIZATION HAS BEEN DRIVEN BY DATA FROM THE START AND COLLECTS DATA FROM A VARIETY OF SOURCES ACROSS THE YEAR BOTH FOR EVALUATIVE AND CONTINUOUS IMPROVEMENT PURPOSES AND BY INTEGRATING ACTION-ORIENTED DATA REVIEW INTO ITS TEAM'S STANDARD ACTIVITIES. THROUGH OUR PROGRAM DEVELOPMENT AND EVALUATION WORK, WE ASSESS TEACHER GROWTH THROUGH OUR VIRTUAL MENTORSHIP PROGRAM AND FREE COURSE AND USE THE DATA TO CONTINUOUSLY IMPROVE THE TRAINING EXPERIENCE. WE SEEK TO UNDERSTAND EDUCATOR IMPLEMENTATION PRACTICES AND USE THE DATA TO CONTINUOUSLY IMPROVE OUR IMPLEMENTATION SUPPORT SERVICES. AND WE MEASURE THE IMPACT OF OUR MODEL ON TEACHERS, STUDENTS, AND SCHOOLS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0EDUCATOR RECRUITMENT THE MODERN CLASSROOMS PROJECT IS AN OPT-IN PROGRAM. WE SUPPORT OUR PARTNERS IN RECRUITING EDUCATORS INTO OUR PROGRAMS BY BUILDING A COMPREHENSIVE MARKETING CAMPAIGN TO INFORM, ENGAGE, AND RECRUIT EDUCATORS THROUGH INFO SESSIONS, TARGETED EMAIL OUTREACH, AND REFERRAL PROGRAMS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0IMPLEMENTATION SUPPORT WE WORK WITH PARTNER SCHOOLS AND DISTRICTS TO PROVIDE: SITE VISITS (IN PERSON): UPON REQUEST, WE WILL TRAVEL TO SCHOOLS/DISTRICTS TO CONDUCT CLASSROOM OBSERVATIONS, LEAD IN-PERSON IMPLEMENTER DISCUSSIONS, AND MEET WITH EDUCATORS. IMPLEMENTER DISCUSSIONS (VIRTUAL): WE RUN ONE-HOUR WEBINARS TO DISCUSS TRENDS IN IMPLEMENTATION AND METHODS TO BUILD MORE EQUITABLE AND DIFFERENTIATED CLASSROOMS. EXPERT CONSULTATION: EDUCATORS MAY SIGN UP FOR ON-DEMAND COACHING CALLS WITH OUR TEACHER MENTORS. EDUCATORS MAY PAY FOR THIS SERVICE INDIVIDUALLY, OR PARTNERS MAY PROVIDE THIS FOR THEIR EDUCATORS. FREE ONLINE COURSE OUR FREE ONLINE COURSE IS OUR MOST POPULAR PRODUCT. IT CONTAINS EVERY RESOURCE, GUIDE, VIDEO, AND TEMPLATE WE HAVE EVER CREATED FOR OUR TEACHERS. PARTICIPANTS TYPICALLY SPEND 3-5 HOURS COMPLETING THE COURSE. THE GOAL OF THE COURSE IS TO GIVE ANY TEACHER, ANYWHERE, THE MATERIALS AND BEST PRACTICES TO LAUNCH A BLENDED, SELF-PACED, MASTERY-BASED CLASSROOM OF THEIR OWN. AS OF JANUARY 2023, OVER 50,000 EDUCATORS IN 150+ COUNTRIES HAVE ENROLLED IN THIS COURSE.
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