Civic Intelligence

Impact on Education Inc

990 • Fiscal year 2018 • EIN 84-0943046

Apr 01, 2017 to Mar 31, 2018 • Filed on Nov 29, 2018

721 Front Street Suite ALouisville, CO 80027

(303) 524-3865

Siviq Scores

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

Liabilities / Assets

48th percentile

0.08x

Higher debt load relative to assets than 48% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

51st percentile

0.10x

Higher debt load relative to revenue than 51% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

34th percentile

-2.0%

Higher net margin than 34% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$127,057

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

10th percentile

-13%

Faster asset growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

27th percentile

-6.0%

Faster revenue growth than 27% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,490,426

Down $222,864 (-13%) from 2017

Net Assets

Up

$1,375,699

Up $136 (+0.0%) from 2017

Liabilities

Down

$114,727

Down $223,000 (-66%) from 2017

Revenue

Down

$1,143,112

Down $72,712 (-6.0%) from 2017

Expenses

Up

$1,165,470

Up $108,383 (+10%) from 2017

Net Income

Down

-$22,358

Down $181,095 (-114%) from 2017

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $1,377,963Liabilities 2010: $275,455Net Assets 2010: $1,102,5082010Assets 2011: $1,387,031Liabilities 2011: $131,125Net Assets 2011: $1,255,9062011Assets 2012: $1,300,697Liabilities 2012: $78,094Net Assets 2012: $1,222,6032012Assets 2013: $1,463,448Liabilities 2013: $164,187Net Assets 2013: $1,299,2612013Assets 2014: $1,437,197Liabilities 2014: $79,969Net Assets 2014: $1,357,2282014Assets 2015: $1,277,591Liabilities 2015: $35,247Net Assets 2015: $1,242,3442015Assets 2016: $1,883,681Liabilities 2016: $713,408Net Assets 2016: $1,170,2732016Assets 2017: $1,713,290Liabilities 2017: $337,727Net Assets 2017: $1,375,5632017Assets 2018: $1,490,426Liabilities 2018: $114,727Net Assets 2018: $1,375,6992018Assets 2019: $1,486,971Liabilities 2019: $110,534Net Assets 2019: $1,376,4372019Assets 2020: $2,028,669Liabilities 2020: $266,405Net Assets 2020: $1,762,2642020Assets 2021: $3,063,256Liabilities 2021: $67,022Net Assets 2021: $2,996,2342021Assets 2022: $4,962,861Liabilities 2022: $650,171Net Assets 2022: $4,312,6902022Assets 2023: $6,292,825Liabilities 2023: $1,210,490Net Assets 2023: $5,082,3352023Assets 2024: $7,290,079Liabilities 2024: $885,196Net Assets 2024: $6,404,8832024Assets 2025: $8,675,898Liabilities 2025: $1,060,177Net Assets 2025: $7,615,7212025

Highlighted filing

2018

Assets$1,490,426
Liabilities$114,727
Net Assets$1,375,699

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,024,6972010Revenue 2011: $848,963Expenses 2011: $1,065,050Net Income 2011: -$216,0872011Revenue 2012: $777,437Expenses 2012: $785,522Net Income 2012: -$8,0852012Revenue 2013: $1,054,087Expenses 2013: $1,038,722Net Income 2013: $15,3652013Revenue 2014: $1,398,307Expenses 2014: $1,358,451Net Income 2014: $39,8562014Revenue 2015: $1,225,580Expenses 2015: $1,375,771Net Income 2015: -$150,1912015Revenue 2016: $1,936,014Expenses 2016: $1,953,944Net Income 2016: -$17,9302016Revenue 2017: $1,215,824Expenses 2017: $1,057,087Net Income 2017: $158,7372017Revenue 2018: $1,143,112Expenses 2018: $1,165,470Net Income 2018: -$22,3582018Revenue 2019: $1,127,730Expenses 2019: $1,101,690Net Income 2019: $26,0402019Revenue 2020: $1,714,702Expenses 2020: $1,182,319Net Income 2020: $532,3832020Revenue 2021: $2,172,161Expenses 2021: $1,294,428Net Income 2021: $877,7332021Revenue 2022: $3,843,939Expenses 2022: $2,404,916Net Income 2022: $1,439,0232022Revenue 2023: $1,992,608Expenses 2023: $1,132,687Net Income 2023: $859,9212023Revenue 2024: $2,832,773Expenses 2024: $1,827,091Net Income 2024: $1,005,6822024Revenue 2025: $3,808,175Expenses 2025: $2,904,326Net Income 2025: $903,8492025

Highlighted filing

2018

Revenue$1,143,112
Expenses$1,165,470
Net Income-$22,358
Jump To
Filing Snapshot
Filing Period
Apr 1, 2017 to Mar 31, 2018
Signed
Nov 29, 2018
Return Version
2017v2.2
Gross Receipts
$2,056,561
Mission and Program Overview

Mission

Impact on education supports boulder valley public school students with community funding and resources in order to meet critical needs and eliminate opportunity gaps.

Impact on Education, Inc. (IOE) leverages community resources to increase student achievement, create opportunities, and build support for public education in Boulder Valley and St. Vrain School Districts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,031,694$1,196,324▲ $164,630
Cash and Non-Interest-Bearing Accounts$87,901$162,132▲ $74,231
Savings and Temporary Cash Investments$201,278$82,608▼ $118,670
Inventories for Sale or Use$21,958$37,592▲ $15,634
Prepaid Expenses and Deferred Charges$19,660$6,707▼ $12,953
Land, Buildings, and Equipment, Net$1,635$2,099▲ $464
Accounts Receivable$347,414$1,214▼ $346,200
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$1,713,290$1,490,426▼ $222,864
Other Assets Total$1,750$1,750→ $0
Liabilities
Grants Payable$320,000$79,500▼ $240,500
Accounts Payable and Accrued Expenses$17,727$35,227▲ $17,500
Total Liabilities$337,727$114,727▼ $223,000
Net Assets / Fund Balance
Temporarily Rstr Net Assets$633,975$782,430▲ $148,455
Permanently Rstr Net Assets$332,285$332,285→ $0
Unrestricted Net Assets$409,303$260,984▼ $148,319
Total Net Assets Fund Balance$1,375,563$1,375,699▲ $136
Total Liabilities and Net Assets / Fund Balance$1,713,290$1,490,426▼ $222,864

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$850$4,799$5,649
Other Land Buildings$1,249$549$1,798

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$702,497$23,143▲ $66,249-$766,289
2016$647,885$23,025▲ $58,347-$702,497
2015$649,144$26,453▼ $11,112-$647,885
2014$618,128$22,743▲ $38,068-$649,144
2013$583,677$22,466▲ $56,045$14,940$618,128
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Fran RyanExecutive DirectorFT$127,057$127,057

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$927,568
Program Service Revenue
$0
Investment Income
$88,747
Other Revenue
$126,797
All Other Contributions
$927,568
Change in Net Assets
$-22,358

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table2,862$194,027Fair Market Value (FMV)
Total Noncash Contributions2,862$194,027-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,143,112
Total Revenue per Audited Statements
$1,143,112
Total Revenue per Form 990
$1,143,112
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$624,738
Salaries, Compensation, and Employee Benefits$393,007
Other Expenses$147,725
Total Fundraising Expense$84,627
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$624,738--$624,738
Other Salaries and Wages$137,224$16,250$27,084$180,558
Current Officers, Directors, Trustees, and Key Employees$113,432$13,433$22,387$149,252
Other Employee Benefits$29,395$3,481$5,802$38,678
Payroll Taxes$18,634$2,207$3,678$24,519
Fees for Services Legal-$24,242-$24,242
Occupancy$16,988$2,265$3,398$22,651
Fees for Services Accounting-$16,650-$16,650
Office Expenses$6,900$2,300-$9,200
All Other Expenses$1,639$3,931-$5,570
Insurance$3,663$1,221-$4,884
Travel$2,586$862-$3,448
Other Expenses$2,514$838$22,278$3,352
Advertising$2,079--$2,079
Depreciation Depletion$1,001$333-$1,334
Total Functional Expenses$991,856$88,987$84,627$1,165,470

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,165,470
Total Expenses per Audited Statements$1,165,470
Total Expenses per Form 990$1,165,470
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$313,325
Fundraising Direct Expenses$186,759
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Razzle Dazzle$185,537$185,537$52,446$133,091
Frasca$85,888$85,888$9,022$76,866
Total Events$313,325$313,325$186,759$126,566
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 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, Line 11B: Form 990 Review Process

The Finance Committee annually reviews the 990 return, and compares it to the annual audited financial statements before the return is filed with the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The Organization annually reviews the Conflict of Interest policy with each Board member, officer, and key employee to determine if any conflicts of interest exist within the organization.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Executive Committee conducts an annual evaluation and review of the Executive Director's performance. The Executive Director conducts an annual evaluation and review of the performance of their staff.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The Organization's financial statements and governing documents are available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Impact on Education Inc
EIN
84-0943046
Phone
3035243865
Address
721 Front Street Suite A, Louisville, CO 80027

Signing Officer

Name
Allison Billings
Title
Executive Director
Signed
2018-11-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Evans
Formed
1983
Legal Domicile
Co
Voting Board Members
23
Independent Board Members
23
Employees
6
Volunteers
350

Preparer

Firm
Johnson Kightlinger & Company
Address
4999 Pearl East Circle STE 103, Boulder, CO 80301-2654
Preparer
Mark Kightlinger CPA
Phone
3034493830
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Other program services include scholarships and grants funded by the Organization.Classroom Innovation Grants are awarded to teachers to bring innovative ideas to the classroom; college scholarships are awarded to deserving students; and other program services include convening groups and summits such as PTOs/PTAs, hosting the annual Impact Awards, participating in the development of new curriculum and supporting various other initiatives.

Financial Statement Notes

Part X : FIN48 Footnote

The Organization has taken no tax positions it believes are unlikely to be held, or that might jeopardize its tax-exempt status, if examined by taxing authorities with full knowledge of all relevant information.

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IRS990/Form990PartVIISectionAGrp/PersonNm3Greg Evans
IRS990/Form990PartVIISectionAGrp/PersonNm4Kent Cruger
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IRS990/Form990PartVIISectionAGrp/PersonNm6Sheryl Fosburgh
IRS990/Form990PartVIISectionAGrp/PersonNm7Tracy Halgren
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt17Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt18Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt19Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt20Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt21Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt22Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt24Ex Officio
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.68$1.06$7.62$3.81$2.90$0.90
2024Summary only. Only limited summary data is available for this year.$7.29$0.89$6.40$2.83$1.83$1.01
2023Summary only. Only limited summary data is available for this year.$6.29$1.21$5.08$1.99$1.13$0.86
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.96$0.65$4.31$3.84$2.40$1.44
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.06$0.07$3.00$2.17$1.29$0.88
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.03$0.27$1.76$1.71$1.18$0.53
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.11$1.38$1.13$1.10$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.49$0.11$1.38$1.14$1.17$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.34$1.38$1.22$1.06$0.16
2016Detailed filing. Detailed filing data is available for this year.$1.88$0.71$1.17$1.94$1.95$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.28$0.04$1.24$1.23$1.38$0.15
2014Summary only. Only limited summary data is available for this year.$1.44$0.08$1.36$1.40$1.36$0.04
2013Summary only. Only limited summary data is available for this year.$1.46$0.16$1.30$1.05$1.04$0.02
2012Summary only. Only limited summary data is available for this year.$1.30$0.08$1.22$0.78$0.79$0.01
2011Summary only. Only limited summary data is available for this year.$1.39$0.13$1.26$0.85$1.07$0.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.28$1.10$1.02