Civic Intelligence

Educators Cooperative

990 • Fiscal year 2021 • EIN 83-4073143

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 29, 2022

1410 Hemlock AvenueNashville, TN 37216-2914

(615) 887-7547

Siviq Scores

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

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.06x

Higher debt load relative to revenue than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

5th percentile

-169%

Higher net margin than 5% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

11th percentile

-36%

Faster asset growth than 11% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

81st percentile

72%

Faster revenue growth than 81% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$229,250

Down $128,225 (-36%) from 2020

Net Assets

Down

$224,146

Down $133,287 (-37%) from 2020

Liabilities

Up

$5,104

Up $5,062 (+12052%) from 2020

Revenue

Up

$78,687

Up $32,901 (+72%) from 2020

Expenses

Up

$211,974

Up $14,733 (+7.5%) from 2020

Net Income

Up

-$133,287

Up $18,168 (+12%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2019: $509,248Liabilities 2019: $360Net Assets 2019: $508,8882019Assets 2020: $357,475Liabilities 2020: $42Net Assets 2020: $357,4332020Assets 2021: $229,250Liabilities 2021: $5,104Net Assets 2021: $224,1462021Assets 2022: $115,971Liabilities 2022: $6,406Net Assets 2022: $109,5652022Assets 2023: $113,263Liabilities 2023: $8,206Net Assets 2023: $105,0572023Assets 2024: $181,793Liabilities 2024: $8,941Net Assets 2024: $172,8522024

Highlighted filing

2021

Assets$229,250
Liabilities$5,104
Net Assets$224,146

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $521,928Expenses 2019: $13,040Net Income 2019: $508,8882019Revenue 2020: $45,786Expenses 2020: $197,241Net Income 2020: -$151,4552020Revenue 2021: $78,687Expenses 2021: $211,974Net Income 2021: -$133,2872021Revenue 2022: $98,269Expenses 2022: $212,850Net Income 2022: -$114,5812022Revenue 2023: $140,522Expenses 2023: $145,030Net Income 2023: -$4,5082023Revenue 2024: $214,686Expenses 2024: $146,891Net Income 2024: $67,7952024

Highlighted filing

2021

Revenue$78,687
Expenses$211,974
Net Income-$133,287
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 29, 2022
Return Version
2021v4.2
Gross Receipts
$78,687
Mission and Program Overview

Mission

The organization supports the professional development of educators from all school sectors with opportunities for collaboration, observation and feedback, lesson resources and leadership with workshops, conferences, and peer support year-round.

Professional learning community for educators in all sectors, disciplines and career stages.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$206,820$228,759▲ $21,939
Pledges and Grants Receivable$150,000--
Land, Buildings, and Equipment, Net$655$491▼ $164
Total Assets$357,475$229,250▼ $128,225
Liabilities
Accounts Payable and Accrued Expenses$42$5,104▲ $5,062
Total Liabilities$42$5,104▲ $5,062
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$207,433$224,146▲ $16,713
Net Assets With Donor Restrictions$150,000$0▼ $150,000
Total Net Assets Fund Balance$357,433$224,146▼ $133,287
Total Liabilities and Net Assets / Fund Balance$357,475$229,250▼ $128,225

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$491$328$819
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
GREG O'LOUGHLINExecutive DirectorFT$71,876$71,876
Revenue and Support

Revenue Composition

Contributions and Grants
$78,418
Program Service Revenue
$19
Investment Income
$250
Other Revenue
$0
All Other Contributions
$22,078
Change in Net Assets
$-133,287

Audited Revenue Reconciliation

Revenue per Audited Statements
$78,687
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$180
Total Revenue per Audited Statements
$78,867
Total Revenue per Form 990
$78,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$122,344
Other Expenses$88,630
Total Fundraising Expense$23,488
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$35,938$21,563$14,375$71,876
Other Salaries and Wages$33,438$4,312$2,874$40,624
Conferences and Meetings$25,810$8,631$450$34,891
Information Technology$7,195$8,776-$15,971
Fees for Services Other$8,266$2,099$4,275$14,640
Payroll Taxes$6,059$2,271$1,514$9,844
Fees for Services Accounting-$9,690-$9,690
Office Expenses$1,663$6,074-$7,737
Insurance-$2,454-$2,454
Advertising-$1,920-$1,920
Grants to Domestic Orgs$1,000--$1,000
Occupancy-$700-$700
Other Expenses$100$75-$175
Depreciation Depletion-$164-$164
Fees for Services Legal-$76-$76
Total Functional Expenses$119,551$68,935$23,488$211,974

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$212,154
Expenses per Audited Statements$211,974
Total Expenses per Form 990$211,974
Expenses Not Reported on Form 990$180
Expenses Not Reported on Financial Statements$0
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
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, Part VI, Section B, Line 11B

Organization's process to review form 990: a draft of the full 990 is reviewed by the executive director and the finance committee prior to filing the return. A draft of the full form 990 is provided to the full board prior to filing the return.

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

The organization enforces a conflict of interest policy, which requires that each member of the board of trustees reviews and signs a conflict of interest statement annually.

Form 990, Part VI, Section B, Line 15A

Compensation process for executive director compensation is determined by review of relevant information, including comparable industry salary information, by members of the board of directors who approve the officer's salary and changes, including annual increases.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation: selected information is available on the organization's website. All required information is maintained by the organization and available upon request. Information is also available on the guidestar website.

Filing and Contact Details

Filer

Filer Name
THE EDUCATORS' COOPERATIVE
EIN
83-4073143
Phone
6158877547
Address
1410 HEMLOCK AVENUE, NASHVILLE, TN 37216-2914

Signing Officer

Name
GREG O'LOUGHLIN
Title
Executive Director
Phone
6158877547
Signed
2022-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
GREG O'LOUGHLIN
Formed
2019
Legal Domicile
Tn
Voting Board Members
11
Independent Board Members
11
Employees
2
Volunteers
50

Preparer

Firm
Kraftcpas Pllc
Address
555 GREAT CIRCLE ROAD, NASHVILLE, TN 37228
Preparer
Frances E Leahy
Phone
6152427351
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process is the same as in the prior year.

Financial Statement Notes

PART X, LINE 2:

Management performs an evaluation of all income tax positions taken or expected to be taken in the course of preparing the organization's income tax return to determine whether the income tax positions meet a "more likely than not" standard of being sustained under examination by the applicable taxing authorities. Management has performed its evaluation of all income tax positions taken on all open income tax returns and has determined that there were no positions taken that do not meet the "more likely than not" standard. Accordingly, there were no provisions for income taxes, penalties, or interest receivable or payable relating to uncertain income tax positions in the accompanying financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990/OtherExpensesGrp/Desc0FEES AND LICENSES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0130
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt175
IRS990/OtherExpensesGrp/ProgramServicesAmt082
IRS990/OtherExpensesGrp/ProgramServicesAmt1100
IRS990/OtherExpensesGrp/TotalAmt0212
IRS990/OtherExpensesGrp/TotalAmt1175
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02874
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04312
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt033438
IRS990/OtherSalariesAndWagesGrp/TotalAmt040624
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01514
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02271
IRS990/PayrollTaxesGrp/ProgramServicesAmt06059
IRS990/PayrollTaxesGrp/TotalAmt09844
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0150000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GREG O'LOUGHLIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/Desc0SUMMER WORKSHOP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt019
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt042615
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0621
IRS990/PYOtherExpensesAmt076051
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02550
IRS990/PYRevenuesLessExpensesAmt0-151455
IRS990/PYSalariesCompEmpBnftPaidAmt0121190
IRS990/PYTotalExpensesAmt0197241
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt045786
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-133287
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt019
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt078418
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt042615
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0520115
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0641148
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0250
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0621
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0241
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01112
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0158653
IRS990ScheduleA/SubstantialContributorsTotAmt0482495
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt078418
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt042615
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0520115
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0641148
IRS990ScheduleA/TotalSupportAmt0642260
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0180
IRS990ScheduleD/DonatedServicesUseFcltsAmt0180
IRS990ScheduleD/EquipmentGrp/BookValueAmt0491
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0328
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0819
IRS990ScheduleD/ExpensesNotReportedAmt0180
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0211974
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt0180
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt078687
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT PERFORMS AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S INCOME TAX RETURN TO DETERMINE WHETHER THE INCOME TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS PERFORMED ITS EVALUATION OF ALL INCOME TAX POSITIONS TAKEN ON ALL OPEN INCOME TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. ACCORDINGLY, THERE WERE NO PROVISIONS FOR INCOME TAXES, PENALTIES, OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX POSITIONS IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0491
IRS990ScheduleD/TotalExpensesPerForm990Amt0211974
IRS990ScheduleD/TotalRevenuePerForm990Amt078687
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt078867
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0212154
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S PROCESS TO REVIEW FORM 990: A DRAFT OF THE FULL 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE FINANCE COMMITTEE PRIOR TO FILING THE RETURN. A DRAFT OF THE FULL FORM 990 IS PROVIDED TO THE FULL BOARD PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION ENFORCES A CONFLICT OF INTEREST POLICY, WHICH REQUIRES THAT EACH MEMBER OF THE BOARD OF TRUSTEES REVIEWS AND SIGNS A CONFLICT OF INTEREST STATEMENT ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION PROCESS FOR EXECUTIVE DIRECTOR COMPENSATION IS DETERMINED BY REVIEW OF RELEVANT INFORMATION, INCLUDING COMPARABLE INDUSTRY SALARY INFORMATION, BY MEMBERS OF THE BOARD OF DIRECTORS WHO APPROVE THE OFFICER'S SALARY AND CHANGES, INCLUDING ANNUAL INCREASES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS DISCLOSURE EXPLANATION: SELECTED INFORMATION IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. ALL REQUIRED INFORMATION IS MAINTAINED BY THE ORGANIZATION AND AVAILABLE UPON REQUEST. INFORMATION IS ALSO AVAILABLE ON THE GUIDESTAR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS IS THE SAME AS IN THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0357475
IRS990/TotalAssetsEOYAmt0229250
IRS990/TotalAssetsGrp/BOYAmt0357475
IRS990/TotalAssetsGrp/EOYAmt0229250
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt078418
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt023488
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt068935
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0119551
IRS990/TotalFunctionalExpensesGrp/TotalAmt0211974
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt042
IRS990/TotalLiabilitiesEOYAmt05104
IRS990/TotalLiabilitiesGrp/BOYAmt042
IRS990/TotalLiabilitiesGrp/EOYAmt05104
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0357433
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0224146
IRS990/TotalOtherCompensationAmt00

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