Civic Intelligence

Pivot School Improvement Leaders

990 • Fiscal year 2024 • EIN 92-0769769

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 07, 2025

922 Main Street Suite C Box 311Nashville, TN 37206

(615) 852-8828

Siviq Scores

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

Liabilities / Assets

46th percentile

0.06x

Higher debt load relative to assets than 46% of similar nonprofits.

2024 filings • NTEE B99 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.03x

Higher debt load relative to revenue than 42% of similar nonprofits.

2024 filings • NTEE B99 • $1M-$5M nonprofits • Source year 2024

Net Margin

83rd percentile

37%

Higher net margin than 83% of similar nonprofits.

2024 filings • NTEE B99 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

71st percentile

$131,659

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 11.3% of source-year revenue.

2024 filings • NTEE B99 • $1M-$5M nonprofits • Source year 2024

Asset Growth

92nd percentile

236%

Faster asset growth than 92% of similar nonprofits.

2024 filings • NTEE B99 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

229%

Faster revenue growth than 93% of similar nonprofits.

2024 filings • NTEE B99 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$655,082

Up $459,957 (+236%) from 2023

Net Assets

Up

$616,672

Up $421,559 (+216%) from 2023

Liabilities

Up

$38,410

Up $38,398 (+319983%) from 2023

Revenue

Up

$1,166,593

Up $812,103 (+229%) from 2023

Expenses

Up

$737,725

Up $578,348 (+363%) from 2023

Net Income

Up

$428,868

Up $233,755 (+120%) from 2023

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2023: $195,125Liabilities 2023: $12Net Assets 2023: $195,1132023Assets 2024: $655,082Liabilities 2024: $38,410Net Assets 2024: $616,6722024Assets 2025: $787,812Liabilities 2025: $78,752Net Assets 2025: $709,0602025

Highlighted filing

2024

Assets$655,082
Liabilities$38,410
Net Assets$616,672

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Revenue 2023: $354,490Expenses 2023: $159,377Net Income 2023: $195,1132023Revenue 2024: $1,166,593Expenses 2024: $737,725Net Income 2024: $428,8682024Revenue 2025: $1,544,419Expenses 2025: $1,452,031Net Income 2025: $92,3882025

Highlighted filing

2024

Revenue$1,166,593
Expenses$737,725
Net Income$428,868
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 7, 2025
Return Version
2023v6.0
Gross Receipts
$1,166,593
Mission and Program Overview

Mission

We equip and empower the most effective school leaders who drive results for every learner in our highest need schools.

We develop and support the most effective school leaders who drive results for every learner in our highest need schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$194,457$594,462▲ $400,005
Accounts Receivable-$60,620-
Prepaid Expenses and Deferred Charges$668--
Total Assets$195,125$655,082▲ $459,957
Liabilities
Accounts Payable and Accrued Expenses$12$38,410▲ $38,398
Total Liabilities$12$38,410▲ $38,398
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$195,113$616,672▲ $421,559
Total Net Assets Fund Balance$195,113$616,672▲ $421,559
Total Liabilities and Net Assets / Fund Balance$195,125$655,082▲ $459,957
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy GallowayExec Dir/co-FT$121,679$9,980$131,659
Zoe BeckhamLeader. CoacFT$121,472$6,288$127,760

Board Members and Trustees

NameTitle
Kyle NixonChair
Ben SchumacherBoard Member
Dr Jason GrissomBoard Member
Dr Sharon RobertsBoard Member
Elissa KimBoard Member
Jayme SimmonsBoard Member
Matt CheekBoard Member
Maya SethiBoard Member
Mildred NelsonBoard Member
Rose Freeman MooreBoard Member
Cecil AllredFinance Chai
Katie ElamSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$884,360
Program Service Revenue
$282,233
Investment Income
$0
Other Revenue
$0
All Other Contributions
$884,360
Change in Net Assets
$428,868

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,166,593
Total Revenue per Audited Statements
$1,166,593
Total Revenue per Form 990
$1,166,593
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$502,851
Other Expenses$234,874
Total Fundraising Expense$32,860
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$260,262$48,753$16,291$325,306
Other Salaries and Wages$111,461$20,899$6,966$139,326
Travel$56,286$15,531$812$72,629
Fees for Services Other$45,162$6,108-$51,270
Advertising$31,198$1,269$6,190$38,657
Payroll Taxes$27,655$3,253$1,627$32,535
Office Expenses$16,004$8,153$285$24,442
Pension Plan Contributions$3,948$742$252$4,942
Insurance$679$1,161-$1,840
Other Expenses$9,881$811$399$811
Other Employee Benefits$595$109$38$742
Fees for Services Accounting-$529-$529
Fees for Services Legal-$195-$195
Total Functional Expenses$591,319$113,546$32,860$737,725

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$737,725
Total Expenses per Audited Statements$737,725
Total Expenses per Form 990$737,725
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
Yes
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, Page 6, Part VI, Line 11B

Form 990 is reviewed and approved by the finance committee made up of members of the board of directors. Once reviewed by the finance committee, it is shared with the board of directors.

Form 990, Page 6, Part VI, Line 12C

Officers and board members must promptly disclose any conflict and provide all facts that a disinterested person would reasonably believe to be material in deciding whether to proceed with the transaction. The organization may require officers and board members to complete an annual disclosure questionnaire with information about any material organizational affiliations and financial interests.

Form 990, Page 6, Part VI, Line 15A

The executive director (ed) salary, as well as all employee salaries, is presented to the finance committee as part of the annual budgeting process. The 23.24 budget was approved by the board of directors in may 2023. The 23.24fy being our first full year in operation, we do have contemporaneous substantiation for this salary decision, but ed salary is to be reviewed each year during a job review process led by the board of directors moving forward.

Form 990, Page 6, Part VI, Line 15B

All salaries are listed in the annual budget reviewed and approved by the board of directors. We have in place a review of comparability data for all salaried positions once every three years, or as needed, to ensure compensation and benefits meet market standards.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Pivot School Improvement Leaders
EIN
92-0769769
Phone
6158528828
Address
922 MAIN STREET SUITE C BOX 311, NASHVILLE, TN 37206

Signing Officer

Name
Amy Galloway
Title
Exec Dir/co-founder
Phone
6158528828
Signed
2025-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Galloway
Formed
2022
Legal Domicile
Tn
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
12

Preparer

Firm
Blankenship CPA Group Pllc
Address
101 WINNERS CIRCLE, BRENTWOOD, TN 37027
Preparer
Scott a Felts CPA
Phone
6153733771
Supplemental Narrative

Additional Explanations

Form 990, Part III

4a continued we finished our first year of programming in june of 2024 and are incredibly encouraged by what happened. 1.the schools led by leaders we supported doubled the number of school improvement goals they met. 2.100% of our participants agreed or strongly agreed that: a.their learning with pivot helped them have a positive impact on student achievement. B.they grew as a leader. C.they would recommend pivot as a program to other principals. 3.100% of our district and cmo partners agreed or strongly agreed that: a.pivot is a program they'd recommend to other districts looking to support their principals. B.pivot had a positive impact on their principal development. 4.attendance and engagement were high with 100% of leaders completing all coaching sessions and attending all learning events. In addition to these outcomes, we are proud to report that we renewed contracts with 100% of partners for the 2024-2025 school year, had our first annual audit which resulted in no negative findings, and exceeded our annual fundraising goal.

Financial Statement Notes

Schedule D, Page 4, Part XIII

The organization is a not-for-profit organization that is exempt from federal income tax under internal revenue code (irc) section 501(c)(3) whereby only unrelated business income, as defined in section 512(a)(1) of the irc is subject to federal income tax. The organization has evaluated its tax positions for all open tax years. Based on the evaluation of the organization's tax positions, management believes all tax positions taken would be upheld under an examination; therefore, no provision for the effects of uncertain positions has been recorded.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED IN SECTION 512(A)(1) OF THE IRC IS SUBJECT TO FEDERAL INCOME TAX. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS FOR ALL OPEN TAX YEARS. BASED ON THE EVALUATION OF THE ORGANIZATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL TAX POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION; THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN POSITIONS HAS BEEN RECORDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XIII
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt04A CONTINUED WE FINISHED OUR FIRST YEAR OF PROGRAMMING IN JUNE OF 2024 AND ARE INCREDIBLY ENCOURAGED BY WHAT HAPPENED. 1.THE SCHOOLS LED BY LEADERS WE SUPPORTED DOUBLED THE NUMBER OF SCHOOL IMPROVEMENT GOALS THEY MET. 2.100% OF OUR PARTICIPANTS AGREED OR STRONGLY AGREED THAT: A.THEIR LEARNING WITH PIVOT HELPED THEM HAVE A POSITIVE IMPACT ON STUDENT ACHIEVEMENT. B.THEY GREW AS A LEADER. C.THEY WOULD RECOMMEND PIVOT AS A PROGRAM TO OTHER PRINCIPALS. 3.100% OF OUR DISTRICT AND CMO PARTNERS AGREED OR STRONGLY AGREED THAT: A.PIVOT IS A PROGRAM THEY'D RECOMMEND TO OTHER DISTRICTS LOOKING TO SUPPORT THEIR PRINCIPALS. B.PIVOT HAD A POSITIVE IMPACT ON THEIR PRINCIPAL DEVELOPMENT. 4.ATTENDANCE AND ENGAGEMENT WERE HIGH WITH 100% OF LEADERS COMPLETING ALL COACHING SESSIONS AND ATTENDING ALL LEARNING EVENTS. IN ADDITION TO THESE OUTCOMES, WE ARE PROUD TO REPORT THAT WE RENEWED CONTRACTS WITH 100% OF PARTNERS FOR THE 2024-2025 SCHOOL YEAR, HAD OUR FIRST ANNUAL AUDIT WHICH RESULTED IN NO NEGATIVE FINDINGS, AND EXCEEDED OUR ANNUAL FUNDRAISING GOAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE MADE UP OF MEMBERS OF THE BOARD OF DIRECTORS. ONCE REVIEWED BY THE FINANCE COMMITTEE, IT IS SHARED WITH THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS AND BOARD MEMBERS MUST PROMPTLY DISCLOSE ANY CONFLICT AND PROVIDE ALL FACTS THAT A DISINTERESTED PERSON WOULD REASONABLY BELIEVE TO BE MATERIAL IN DECIDING WHETHER TO PROCEED WITH THE TRANSACTION. THE ORGANIZATION MAY REQUIRE OFFICERS AND BOARD MEMBERS TO COMPLETE AN ANNUAL DISCLOSURE QUESTIONNAIRE WITH INFORMATION ABOUT ANY MATERIAL ORGANIZATIONAL AFFILIATIONS AND FINANCIAL INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR (ED) SALARY, AS WELL AS ALL EMPLOYEE SALARIES, IS PRESENTED TO THE FINANCE COMMITTEE AS PART OF THE ANNUAL BUDGETING PROCESS. THE 23.24 BUDGET WAS APPROVED BY THE BOARD OF DIRECTORS IN MAY 2023. THE 23.24FY BEING OUR FIRST FULL YEAR IN OPERATION, WE DO HAVE CONTEMPORANEOUS SUBSTANTIATION FOR THIS SALARY DECISION, BUT ED SALARY IS TO BE REVIEWED EACH YEAR DURING A JOB REVIEW PROCESS LED BY THE BOARD OF DIRECTORS MOVING FORWARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL SALARIES ARE LISTED IN THE ANNUAL BUDGET REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. WE HAVE IN PLACE A REVIEW OF COMPARABILITY DATA FOR ALL SALARIED POSITIONS ONCE EVERY THREE YEARS, OR AS NEEDED, TO ENSURE COMPENSATION AND BENEFITS MEET MARKET STANDARDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0AMY GALLOWAY
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