Civic Intelligence

Educators Cooperative

990 • Fiscal year 2019 • EIN 83-4073143

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 13, 2020

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

29th percentile

0.00x

Higher debt load relative to assets than 29% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

29th percentile

0.00x

Higher debt load relative to revenue than 29% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

99th percentile

98%

Higher net margin than 99% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

52nd percentile

$4,000

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$509,248

No earlier filing loaded for comparison.

Net Assets

$508,888

No earlier filing loaded for comparison.

Liabilities

$360

No earlier filing loaded for comparison.

Revenue

$521,928

No earlier filing loaded for comparison.

Expenses

$13,040

No earlier filing loaded for comparison.

Net Income

$508,888

No earlier filing loaded for comparison.

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

2019

Assets$509,248
Liabilities$360
Net Assets$508,888

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

2019

Revenue$521,928
Expenses$13,040
Net Income$508,888
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 13, 2020
Return Version
2019v5.1
Gross Receipts
$521,928
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
Pledges and Grants Receivable-$295,340-
Cash and Non-Interest-Bearing Accounts-$213,908-
Total Assets$0$509,248▲ $509,248
Liabilities
Accounts Payable and Accrued Expenses-$360-
Total Liabilities$0$360▲ $360
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$297,840-
Net Assets Without Donor Restrictions-$211,048-
Total Net Assets Fund Balance$0$508,888▲ $508,888
Total Liabilities and Net Assets / Fund Balance$0$509,248▲ $509,248
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
GREG O'LOUGHLIN START 0319Executive DirectorFT$4,000$4,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$520,115
Program Service Revenue
$1,572
Investment Income
$241
Other Revenue
$0
All Other Contributions
$520,115
Change in Net Assets
$508,888

Audited Revenue Reconciliation

Revenue per Audited Statements
$521,928
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,916
Total Revenue per Audited Statements
$525,844
Total Revenue per Form 990
$521,928
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,040
Salaries, Compensation, and Employee Benefits$4,000
Total Fundraising Expense$2,587
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$3,386$384$1,582$5,352
Current Officers, Directors, Trustees, and Key Employees$1,400$1,800$800$4,000
Fees for Services Legal-$2,349-$2,349
Other Expenses$118$431$195$744
Office Expenses$286$299-$585
Advertising--$10$10
Total Functional Expenses$5,190$5,263$2,587$13,040

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$16,956
Expenses per Audited Statements$13,040
Total Expenses per Form 990$13,040
Expenses Not Reported on Form 990$3,916
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. The board of directors receives a copy after filing with the irs.

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
2020-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
GREG O'LOUGHLIN
Formed
2019
Legal Domicile
Tn
Voting Board Members
8
Independent Board Members
8
Employees
0
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 IX, Line 11G

Other: program service expenses 3,386. Management and general expenses 384. Fundraising expenses 1,582. Total expenses 5,352.

FORM 990, PART XII, LINE 2C:

The organization is in its first year of operations. The finance committee is responsible for oversight of the audit and the full board is involved in the selection of an independent accountant.

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.

Raw XML Appendix360 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/ExplanationTxt0THE ORGANIZATION IS IN ITS FIRST YEAR OF OPERATION. AS SUCH, THE 2019 FILING YEAR REPRESENTS A SHORT YEAR BEGINNING MARCH 21, 2019 AND ENDING DECEMBER 31, 2019.
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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.
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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. THE BOARD OF DIRECTORS RECEIVES A COPY AFTER FILING WITH THE IRS.
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/ExplanationTxt4OTHER: PROGRAM SERVICE EXPENSES 3,386. MANAGEMENT AND GENERAL EXPENSES 384. FUNDRAISING EXPENSES 1,582. TOTAL EXPENSES 5,352.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION IS IN ITS FIRST YEAR OF OPERATIONS. THE FINANCE COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND THE FULL BOARD IS INVOLVED IN THE SELECTION OF AN INDEPENDENT ACCOUNTANT.
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 IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 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/TotalAssetsEOYAmt0509248
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0509248
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0520115
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02587
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05263
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05190
IRS990/TotalFunctionalExpensesGrp/TotalAmt013040
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0360
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0360
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0508888
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt05190
IRS990/TotalProgramServiceRevenueAmt01572
IRS990/TotalReportableCompFromOrgAmt04000
IRS990/TotalRevenueGrp/ExclusionAmt0241
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01572
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0521928
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0509248
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01410 HEMLOCK AVENUE
IRS990/USAddress/CityNm0NASHVILLE
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd0372162914
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0EDUCATORSCOOPERATIVE.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GREG O'LOUGHLIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06158877547
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE EDUCATORS' COOPERATIVE
ReturnHeader/Filer/BusinessNameControlTxt0EDUC
ReturnHeader/Filer/EIN0834073143
ReturnHeader/Filer/PhoneNum06158877547
ReturnHeader/Filer/USAddress/AddressLine1Txt01410 HEMLOCK AVENUE
ReturnHeader/Filer/USAddress/CityNm0NASHVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd0372162914
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B68C22C976E44D36ACAA41583C666EA48034497C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0572DC34321C8E55952FE6A1E0B7461300318CAEB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.198.206.98
ReturnHeader/FilingSecurityInformation/IPDt02020-07-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:55:46
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0620713250
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KRAFTCPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0555 GREAT CIRCLE ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NASHVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037228
ReturnHeader/PreparerPersonGrp/PhoneNum06152427351
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANCES E LEAHY
ReturnHeader/ReturnTs02020-07-13T17:27:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-03-21
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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