Civic Intelligence

1 Edtech Foundation

990 • Fiscal year 2019 • EIN 83-1489371

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 16, 2020

469 Mangrove CTLake Mary, FL 32746

(407) 362-7783

Siviq Scores

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

Liabilities / Assets

100th percentile

1539.00x

Higher debt load relative to assets than 100% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

39th percentile

-0.4%

Higher net margin than 39% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

100th percentile

$346,038

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 157.1% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

46th percentile

0.0%

Faster asset growth than 46% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Assets

Flat

$1

Flat from 2018

Net Assets

-$1,539

No earlier filing loaded for comparison.

Liabilities

Up

$1,539

Up $1,539 from 2018

Revenue

Up

$220,200

Up $220,200 from 2018

Expenses

Up

$221,072

Up $221,072 from 2018

Net Income

Down

-$872

Down $872 from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2018: $1Liabilities 2018: $02018Assets 2019: $1Liabilities 2019: $1,539Net Assets 2019: -$1,5392019Assets 2020: $210,148Liabilities 2020: $118,470Net Assets 2020: $91,6782020Assets 2021: $161,617Liabilities 2021: $141,070Net Assets 2021: $20,5472021Assets 2022: $306,425Liabilities 2022: $286,070Net Assets 2022: $20,3552022Assets 2023: $125,722Liabilities 2023: $105,707Net Assets 2023: $20,0152023Assets 2024: $303,154Liabilities 2024: $213,392Net Assets 2024: $89,7622024

Highlighted filing

2019

Assets$1
Liabilities$1,539
Net Assets-$1,539

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $220,200Expenses 2019: $221,072Net Income 2019: -$8722019Revenue 2020: $517,500Expenses 2020: $424,283Net Income 2020: $93,2172020Revenue 2021: $142,500Expenses 2021: $213,631Net Income 2021: -$71,1312021Revenue 2022: $71,791Expenses 2022: $71,983Net Income 2022: -$1922022Revenue 2023: $220,709Expenses 2023: $221,049Net Income 2023: -$3402023Revenue 2024: $85,070Expenses 2024: $15,323Net Income 2024: $69,7472024

Highlighted filing

2019

Revenue$220,200
Expenses$221,072
Net Income-$872
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 16, 2020
Return Version
2019v5.1
Gross Receipts
$220,200
Mission and Program Overview

Mission

To provide support and other assistance to its affiliated organization, ims global learning consortium.

To provide support and other assistance to its affiliated organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Total Assets$0$0→ $0
Liabilities
Other Liabilities$0$1,539▲ $1,539
Total Liabilities$0$1,539▲ $1,539
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$-1,539-
Total Net Assets Fund Balance$0$-1,539▼ $1,539
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert J AbelPresident
Lenny SchadDirector
Lisa MattsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$220,200
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$220,200
Change in Net Assets
$-872
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$220,200
Other Expenses$872
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$220,200--$220,200
Fees for Services Accounting-$530-$530
Office Expenses-$205-$205
Fees for Services Legal-$99-$99
Other Expenses-$38-$38
Total Functional Expenses$220,200$872$0$221,072
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ims Global Learning Consortium IncLake Mary, FL501(c)(6)PROGRAM SUPPORT: PROJECT MANAGEMENT, EVOLUTION OF IMS STANDARDS, SOFTWARE DEVELOPMENT, ETC.$220,200
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$1,539
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The ims global finance and administrative manager receives form 990, reviews and approves, then sends to the president for review, approval and signature.

Form 990, Part VI, Section C, Line 19

The information is available to the public upon request.

Filing and Contact Details

Filer

Filer Name
1edtech Foundation
EIN
83-1489371
Phone
4073627783
Address
469 MANGROVE CT, LAKE MARY, FL 32746

Signing Officer

Name
Robert J Abel
Title
President
Phone
4073627783
Signed
2020-06-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert J Abel
Formed
2018
Legal Domicile
De
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

Firm
Rsm US Llp
Address
2021 L STREET NW 400, WASHINGTON, DC 20036
Preparer
Elizabeth W Heller
Phone
2022932200
Raw XML Appendix397 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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE FOUNDATION WILL FURTHER THE EDUCATIONAL PURPOSES OF THE ORGANIZATION IT SUPPORTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE IMS GLOBAL FINANCE AND ADMINISTRATIVE MANAGER RECEIVES FORM 990, REVIEWS AND APPROVES, THEN SENDS TO THE PRESIDENT FOR REVIEW, APPROVAL AND SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE INFORMATION IS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/PreparerPersonGrp/PhoneNum02022932200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELIZABETH W HELLER
ReturnHeader/ReturnTs02020-06-16T12:30:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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