Civic Intelligence

Case Method Institute for Education and Democracy Inc.

990 • Fiscal year 2022 • EIN 84-2359543

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 02, 2022

8 Story Street 100Cambridge, MA 02138

(617) 495-0458

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.02x

Higher debt load relative to assets than 23% of similar nonprofits.

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

Liabilities / Revenue

57th percentile

0.22x

Higher debt load relative to revenue than 57% of similar nonprofits.

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

Net Margin

2nd percentile

-184%

Higher net margin than 2% of similar nonprofits.

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

Top Officer Pay

27th percentile

$59,558

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 13.2% of source-year revenue.

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

Asset Growth

14th percentile

-13%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

9th percentile

-43%

Faster revenue growth than 9% of similar nonprofits.

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

Assets

Down

$6,260,700

Down $919,277 (-13%) from 2021

Net Assets

Down

$6,162,780

Down $829,702 (-12%) from 2021

Liabilities

Down

$97,920

Down $89,575 (-48%) from 2021

Revenue

Down

$451,825

Down $346,938 (-43%) from 2021

Expenses

Up

$1,281,527

Up $246,454 (+24%) from 2021

Net Income

Down

-$829,702

Down $593,392 (-251%) from 2021

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2020: $7,246,868Liabilities 2020: $0Net Assets 2020: $7,246,8682020Assets 2021: $7,179,977Liabilities 2021: $187,495Net Assets 2021: $6,992,4822021Assets 2022: $6,260,700Liabilities 2022: $97,920Net Assets 2022: $6,162,7802022Assets 2023: $5,762,642Liabilities 2023: $217,341Net Assets 2023: $5,545,3012023Assets 2024: $5,333,442Liabilities 2024: $190,908Net Assets 2024: $5,142,5342024

Highlighted filing

2022

Assets$6,260,700
Liabilities$97,920
Net Assets$6,162,780

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2020: $7,302,081Expenses 2020: $55,283Net Income 2020: $7,246,7982020Revenue 2021: $798,763Expenses 2021: $1,035,073Net Income 2021: -$236,3102021Revenue 2022: $451,825Expenses 2022: $1,281,527Net Income 2022: -$829,7022022Revenue 2023: $709,343Expenses 2023: $1,326,034Net Income 2023: -$616,6912023Revenue 2024: $1,061,403Expenses 2024: $1,463,930Net Income 2024: -$402,5272024

Highlighted filing

2022

Revenue$451,825
Expenses$1,281,527
Net Income-$829,702
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 2, 2022
Return Version
2021v4.2
Gross Receipts
$451,825
Mission and Program Overview

Mission

The mission of the case method institute is to ensure the highest quality education for america's high school students-and to fulfill the democratic promise of that education-by empowering teachers to harness the case method in their classrooms.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,078,540$3,987,456▲ $908,916
Pledges and Grants Receivable$3,750,000$2,000,000▼ $1,750,000
Cash and Non-Interest-Bearing Accounts$222,457$221,141▼ $1,316
Prepaid Expenses and Deferred Charges$3,330$10,530▲ $7,200
Total Assets$7,179,977$6,260,700▼ $919,277
Other Assets Total$125,650$41,573▼ $84,077
Liabilities
Other Liabilities$127,249$49,041▼ $78,208
Accounts Payable and Accrued Expenses$60,246$48,879▼ $11,367
Total Liabilities$187,495$97,920▼ $89,575
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,242,482$3,662,780▲ $420,298
Net Assets With Donor Restrictions$3,750,000$2,500,000▼ $1,250,000
Total Net Assets Fund Balance$6,992,482$6,162,780▼ $829,702
Total Liabilities and Net Assets / Fund Balance$7,179,977$6,260,700▼ $919,277
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melanie StinnettManaging Director (since Nov 21)FT$52,741$6,817$59,558

Board Members and Trustees

NameTitle
David MossPresident
Deirdre KamlaniDirector
Mitch WeissDirector
Stacey ChildressDirector
Stephen CohenClerk
Walter FriedmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$450,000
Program Service Revenue
$0
Investment Income
$1,825
Other Revenue
$0
All Other Contributions
$450,000
Change in Net Assets
$-829,702

Audited Revenue Reconciliation

Revenue per Audited Statements
$451,825
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$401,713
Total Revenue per Audited Statements
$853,538
Total Revenue per Form 990
$451,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,069,082
Other Expenses$212,445
Total Fundraising Expense$17,102
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$675,370$80,999-$756,369
Other Employee Benefits$98,137$18,578-$116,715
Current Officers, Directors, Trustees, and Key Employees-$105,715$10,691$116,406
Payroll Taxes$61,108$7,329-$68,437
Occupancy$45,809$11,598$580$57,987
Fees for Services Other$29,517$15,272$5,175$49,964
Advertising$27,793$11,055-$38,848
Fees for Services Accounting-$25,099-$25,099
Information Technology$12,982$2,176-$15,158
Other Expenses$9,609$2,064$656$12,329
Pension Plan Contributions$9,960$1,195-$11,155
Insurance-$5,036-$5,036
Fees for Services Legal-$5,000-$5,000
Office Expenses$2,112$912-$3,024
Total Functional Expenses$972,397$292,028$17,102$1,281,527

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,683,240
Expenses per Audited Statements$1,281,527
Total Expenses per Form 990$1,281,527
Expenses Not Reported on Form 990$401,713
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Obligation$49,041
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, Part VI, Section B, Line 11B

The form 990 is prepared by the audit firm. Before filing with the irs, a draft of the completed form 990 is provided to the members of the board of directors and is reviewed in detail.

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

Each year cmi distributes the conflict of interest policy to each member of the board of directors who then returns a signed acknowledgement and disclosures statement. For the fiscal year ended june 30, 2022, all of the board members returned forms confirming compliance.

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

The compensation of the managing director is reviewed and approved by the board annually.

Form 990, Part VI, Section C, Line 19

Governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Case Method Institute for Education and
EIN
84-2359543
Phone
6174950458
Address
8 STORY STREET 100, CAMBRIDGE, MA 02138

Signing Officer

Name
Walter Friedman
Title
Treasurer
Phone
6174950458
Signed
2022-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walter Friedman
Formed
2019
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
16
Volunteers
6

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Andrew R Puricelli CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

Cmi had a process in place to select the auditor and oversee the audit.

Financial Statement Notes

PART X, LINE 2:

Cmi accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the financial statements regarding a tax position taken or expected to be taken in a tax return. Cmi has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the financial statements at june 30, 2022.

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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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IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03078540
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03987456
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0450000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0795000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07300000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08545000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01825
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03763
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02151
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07739
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt02779220
IRS990ScheduleA/SubstantialContributorsTotAmt05765780
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0450000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0795000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07300000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08545000
IRS990ScheduleA/TotalSupportAmt08552739
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
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt050788
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt044627
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus2Amt03668
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt099083
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0203153
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt0178507
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt014672
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0396332
IRS990ScheduleC/GrassrootsCeilingAmt0148625
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt050788
IRS990ScheduleC/LobbyingCeilingAmt0594498
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt0203153
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt01281527
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt01281527
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotLbbyngGrassrootMnsNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0401713
IRS990ScheduleD/DonatedServicesUseFcltsAmt0401713
IRS990ScheduleD/ExpensesNotReportedAmt0401713
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01281527
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt049041
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE OBLIGATION
IRS990ScheduleD/RevenueNotReportedAmt0401713
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0451825
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CMI ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. CMI HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01281527
IRS990ScheduleD/TotalLiabilityAmt049041
IRS990ScheduleD/TotalRevenuePerForm990Amt0451825
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0853538
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01683240
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY THE AUDIT FIRM. BEFORE FILING WITH THE IRS, A DRAFT OF THE COMPLETED FORM 990 IS PROVIDED TO THE MEMBERS OF THE BOARD OF DIRECTORS AND IS REVIEWED IN DETAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH YEAR CMI DISTRIBUTES THE CONFLICT OF INTEREST POLICY TO EACH MEMBER OF THE BOARD OF DIRECTORS WHO THEN RETURNS A SIGNED ACKNOWLEDGEMENT AND DISCLOSURES STATEMENT. FOR THE FISCAL YEAR ENDED JUNE 30, 2022, ALL OF THE BOARD MEMBERS RETURNED FORMS CONFIRMING COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION OF THE MANAGING DIRECTOR IS REVIEWED AND APPROVED BY THE BOARD ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CMI HAD A PROCESS IN PLACE TO SELECT THE AUDITOR AND OVERSEE THE AUDIT.
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/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07179977
IRS990/TotalAssetsEOYAmt06260700
IRS990/TotalAssetsGrp/BOYAmt07179977
IRS990/TotalAssetsGrp/EOYAmt06260700
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0450000
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt017102
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0292028
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0972397
IRS990/TotalFunctionalExpensesGrp/TotalAmt01281527
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0187495
IRS990/TotalLiabilitiesEOYAmt097920
IRS990/TotalLiabilitiesGrp/BOYAmt0187495
IRS990/TotalLiabilitiesGrp/EOYAmt097920
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06992482
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06162780
IRS990/TotalOtherCompensationAmt06817
IRS990/TotalOtherProgSrvcExpenseAmt0195179
IRS990/TotalProgramServiceExpensesAmt0972397
IRS990/TotalReportableCompFromOrgAmt052741
IRS990/TotalRevenueGrp/ExclusionAmt01825
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0451825
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07179977
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06260700
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08 STORY STREET SUITE 100
IRS990/USAddress/CityNm0CAMBRIDGE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002138
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WALTER FRIEDMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06174950458
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CASE METHOD INSTITUTE FOR EDUCATION AND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEMOCRACY INC
ReturnHeader/Filer/BusinessNameControlTxt0CASE
ReturnHeader/Filer/EIN0842359543
ReturnHeader/Filer/PhoneNum06174950458
ReturnHeader/Filer/USAddress/AddressLine1Txt08 STORY STREET 100
ReturnHeader/Filer/USAddress/CityNm0CAMBRIDGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002138
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042571780

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