Civic Intelligence

International Society for Technology in Education

990 • Fiscal year 2016 • EIN 93-0746782

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 08, 2017

621 SW Morrison Street Suite 800Portland, OR 97205

(800) 336-5191

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.37x

Higher debt load relative to assets than 63% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.28x

Higher debt load relative to revenue than 53% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

55th percentile

3.6%

Higher net margin than 55% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

88th percentile

$414,092

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

86th percentile

21%

Faster asset growth than 86% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

43rd percentile

1.0%

Faster revenue growth than 43% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$11,769,600

Up $2,026,799 (+21%) from 2015

Net Assets

Up

$7,434,812

Up $679,434 (+10%) from 2015

Liabilities

Up

$4,334,788

Up $1,347,365 (+45%) from 2015

Revenue

Up

$15,436,529

Up $150,522 (+1.0%) from 2015

Expenses

Down

$14,878,709

Down $27,907 (-0.2%) from 2015

Net Income

Up

$557,820

Up $178,429 (+47%) from 2015

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $7,195,845Liabilities 2011: $2,337,889Net Assets 2011: $4,857,9562011Assets 2012: $7,633,902Liabilities 2012: $3,799,855Net Assets 2012: $3,834,0472012Assets 2013: $8,503,857Liabilities 2013: $3,447,865Net Assets 2013: $5,055,9922013Assets 2014: $9,834,659Liabilities 2014: $3,292,646Net Assets 2014: $6,542,0132014Assets 2015: $9,742,801Liabilities 2015: $2,987,423Net Assets 2015: $6,755,3782015Assets 2016: $11,769,600Liabilities 2016: $4,334,788Net Assets 2016: $7,434,8122016Assets 2017: $13,553,680Liabilities 2017: $3,935,096Net Assets 2017: $9,618,5842017Assets 2018: $16,625,608Liabilities 2018: $6,690,591Net Assets 2018: $9,935,0172018Assets 2019: $19,779,903Liabilities 2019: $7,556,859Net Assets 2019: $12,223,0442019Assets 2020: $21,520,359Liabilities 2020: $7,175,281Net Assets 2020: $14,345,0782020Assets 2021: $20,256,205Liabilities 2021: $6,503,051Net Assets 2021: $13,753,1542021Assets 2022: $20,741,836Liabilities 2022: $8,693,069Net Assets 2022: $12,048,7672022

Highlighted filing

2016

Assets$11,769,600
Liabilities$4,334,788
Net Assets$7,434,812

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $14,961,805Expenses 2011: $16,173,636Net Income 2011: -$1,211,8312011Revenue 2012: $14,427,254Expenses 2012: $13,841,978Net Income 2012: $585,2762012Revenue 2013: $14,791,160Expenses 2013: $13,430,579Net Income 2013: $1,360,5812013Revenue 2014: $15,238,142Expenses 2014: $13,883,394Net Income 2014: $1,354,7482014Revenue 2015: $15,286,007Expenses 2015: $14,906,616Net Income 2015: $379,3912015Revenue 2016: $15,436,529Expenses 2016: $14,878,709Net Income 2016: $557,8202016Revenue 2017: $16,640,927Expenses 2017: $14,755,401Net Income 2017: $1,885,5262017Revenue 2018: $22,354,646Expenses 2018: $18,251,298Net Income 2018: $4,103,3482018Revenue 2019: $22,559,317Expenses 2019: $20,271,392Net Income 2019: $2,287,9252019Revenue 2020: $16,934,344Expenses 2020: $15,905,399Net Income 2020: $1,028,9452020Revenue 2021: $13,556,365Expenses 2021: $14,363,046Net Income 2021: -$806,6812021Revenue 2022: $20,366,014Expenses 2022: $20,455,415Net Income 2022: -$89,4012022

Highlighted filing

2016

Revenue$15,436,529
Expenses$14,878,709
Net Income$557,820
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 8, 2017
Return Version
2016v3.1
Gross Receipts
$16,957,866
Mission and Program Overview

Mission

Iste inspires educators worldwide to use technology to innovate teaching and learning, accelerate good practice and solve tough problems in education by providing community, knowledge and the iste standards, a framework for rethinking education and empowering learners

The vision of ISTE is a world where all learners thrive, achieve and contribute.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,473,783$4,433,905▼ $1,039,878
Investments in Publicly Traded Securities$2,871,553$4,187,194▲ $1,315,641
Cash and Non-Interest-Bearing Accounts$333,622$1,234,555▲ $900,933
Land, Buildings, and Equipment, Net$570,830$1,136,338▲ $565,508
Accounts Receivable$344,783$587,983▲ $243,200
Prepaid Expenses and Deferred Charges$90,704$118,740▲ $28,036
Inventories for Sale or Use$57,526$70,885▲ $13,359
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$9,742,801$11,769,600▲ $2,026,799
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$1,988,863$2,494,094▲ $505,231
Accounts Payable and Accrued Expenses$998,560$1,840,694▲ $842,134
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,987,423$4,334,788▲ $1,347,365
Net Assets / Fund Balance
Unrestricted Net Assets$6,751,195$7,429,629▲ $678,434
Temporarily Rstr Net Assets$4,183$5,183▲ $1,000
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$6,755,378$7,434,812▲ $679,434
Total Liabilities and Net Assets / Fund Balance$9,742,801$11,769,600▲ $2,026,799

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$306,050$1,350,370$1,656,420
Leasehold Improvements$783,947$46,757$830,704
Equipment$46,341$32,356$78,697
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian LewisCEO - CyptFT$264,288$149,804$414,092
Anne TullyCOOFT$231,051$23,702$254,753
James FlanaganChief Learning Srvcs OfficerFT$186,814$42,610$229,424
Craig ThibaudeauChief Ext Relations OfficerFT$159,377$18,990$178,367
Rebecca CaldwellChief Corp & Found Rel OfficerFT$131,854$25,212$157,066
Jessica MedailleChief Collaboration OfficerFT$140,055$9,988$150,043
Jennifer Ragan-ForeChief Events OfficerFT$125,131$14,443$139,574
Klaire MarinoSr Director Mktg & Digital StrategyFT$115,951$20,592$136,543
Tracee AliottiChief Marketing OfficerFT$129,849$6,375$136,224
Steve AbbottSr Dir, Corp Relations - CYPTFT$120,047$6,560$126,607
Charles DinsfriendSr Dir, INFORMATION TECHNOLOGYFT$103,873$22,497$126,370
Cheryl WilliamsInterim CEO - CYPTFT$72,000-$72,000
Jan ZanetisSecretaryPT$72-$72
Kecia RayPast-PresidentPT$72-$72

Board Members and Trustees

NameTitle
Matt HarrisChair - CYPT
Mila Thomas FullerPresident
Hall DavidsonAt-Large Representative
John KellerAt-Large Representative
Karen SwiftAt-Large Representative
Kari StubbsAt-Large Representative
Laurie ConzemiusAt-Large Representative
Paige JohnsonAt-Large Representative
S Dallas DanceAt-Large Representative
Sheryl Nussbaum-BeachAt-Large Representative
Bill BassTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Continu Cloud ServicesConsulting-$442,265
Bernstein GroupLobbying Support800 WILLAMETTE STREET SUITE B50, Eugene, OR 97401$198,404
Anthony BrandenburgConsultancy919 18th Street NW Suite 295, Washington, DC 20006, As$136,400
Revenue and Support

Revenue Composition

Contributions and Grants
$682,000
Program Service Revenue
$14,129,652
Investment Income
$76,180
Other Revenue
$548,697
All Other Contributions
$675,500
Change in Net Assets
$557,820

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,788,555
Revenue Not Reported on Financial Statements
$-352,026
Revenue Not Reported on Form 990
$121,614
Other Revenue Adjustments
$-352,026
Total Revenue per Audited Statements
$15,910,169
Total Revenue per Form 990
$15,436,529
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,639,356
Salaries, Compensation, and Employee Benefits$5,239,353
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$922,109$1,556,269-$2,478,379
Current Officers, Directors, Trustees, and Key Employees$1,141,773$783,752-$1,925,525
Office Expenses$297,578$577,548-$875,126
Travel$388,263$347,004-$735,267
Occupancy$3,810$461,603-$465,413
Payroll Taxes$173,178$160,601-$333,779
Other Employee Benefits$171,782$135,334-$307,116
Depreciation Depletion-$259,922-$259,922
Pension Plan Contributions$92,889$101,665-$194,554
Other Expenses$125,563$29,217-$154,780
All Other Expenses$80,454$44,925-$125,379
Insurance$55,131$60,676-$115,807
Royalties$93,653--$93,653
Fees for Services Accounting-$75,156-$75,156
Conferences and Meetings$62,808$11,505-$74,313
Fees for Services Legal$22,277$34,670-$56,947
Fees for Service Investment Mgmnt Fees-$26,355-$26,355
Information Technology-$13,589-$13,589
Total Functional Expenses$9,001,003$5,877,705$0$14,878,709

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,230,735
Total Expenses per Audited Statements$15,230,735
Total Expenses per Form 990$14,878,709
Expenses Not Reported on Financial Statements$-352,026
Other Expense Adjustments$-352,026
International Activity

International Compliance

Activity in boycott countries
Yes
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
International Society for Technology
EIN
93-0746782
In Care Of
% TIFFANY MONTES
Phone
8003365191
Address
621 SW Morrison Street Suite 800, Portland, OR 97205

Signing Officer

Name
Richard Culatta
Title
CEO
Phone
7033484784
Signed
2017-09-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Culatta
Formed
1979
Legal Domicile
Or
Voting Board Members
12
Independent Board Members
12
Employees
62
Volunteers
1,000

Preparer

Firm
Grant Thornton Llp
Address
101 CALIFORNIA STREET SUITE 2700, SAN FRANCISCO, CA 94111
Preparer
Rosemarie Brown
Phone
4159863900
Supplemental Narrative

Additional Explanations

Extended Description of Organization'S Mission

Form 990, Part III, Line 1: AS THE CREATOR AND STEWARD OF THE DEFINITIVE EDUCATION TECHNOLOGY STANDARDS, ISTE'S MISSION IS TO EMPOWER LEARNERS TO FLOURISH IN A CONNECTED WORLD BY CULTIVATING A PASSIONATE PROFESSIONAL LEARNING COMMUNITY, LINKING EDUCATORS AND PARTNERS, LEVERAGING KNOWLEDGE AND EXPERTISE, ADVOCATING FOR STRATEGIC POLICIES, AND CONTINUALLY IMPROVING LEARNING AND TEACHING.

Other Program services

Form 990, Part III, Line 4d: ISTEs marketing services account for a small portion of revenue for advertising services relating to Empowered Learner magazine and the Edtekhub, an online news and content platform. Program services include advocacy and lobbying expenses as well as program specific marketing and communication expenses.

Organization'S Members or Stockholders

Form 990, Part VI, Section A, Line 6: ISTE's members include individual educators and education leaders, institutions, affiliate organizations, and corporations.

Powers of Organization'S Members to Elect Governing Body

Form 990, Part VI, Section A, Line 7a: The general membership of ISTE votes to elect all members of the organization's board of directors. However, board members may also be appointed by the board. All board members, whether elected or appointed, have the same rights.

Governance Decisions of the Organization Reserved to Members

Form 990, Part VI, Section A, Line 7b: Members elect the ISTE Board of Directors. All other governance decisions are at the discretion of the Board.

Form 990 Review Process

Form 990, Part VI, Section B, Line 11b: The ISTE Audit/Tax Firm and the ISTE Finance team work together to gather the required information necessary to complete the Form 990. The tax firm prepares an initial draft Form 990 and reviews this initial draft with the ISTE Finance team; all line items are reviewed and any items in question are discussed. Any recommended changes and comments are considered and the Form 990 is updated. The final draft Form 990 is then made available to the ISTE Board of Directors for review and comments. The full Board receives the final Form 990 prior to the filing of the return.

Monitoring and Enforcement of Conflict of Interest Policy

Form 990, Part VI, Section B, Line 12c: ISTE has policies in place that govern conflicts of interest as it relates to board members, board officers, the CEO, and staff. In determining a conflict of interest of a board member, the Board shall vote as to whether a conflict is present, and the vote of the Board shall be final. The individual with a potential conflict of interest shall not vote. In the case of a disclosed conflict of interest, the Board will perform due diligence to determine how to handle each disclosed conflict for board members and the CEO. In the event of a violation, the Board will determine any appropriate corrective or disciplinary action. In the event of a staff conflict of interest, the CEO will determine how to handle the disclosed conflict of interest, and in the event of a violation will determine any appropriate disciplinary and corrective action, up to and including termination. All ISTE policies are reviewed annually.

Process for Determining Compensation of Organization'S CEO

Form 990, Part VI, Section B, Line 15a: The CEO's compensation is determined by the ISTE Board of Directors with input from internal and external consultants and periodic reviews of market compensation data.

Process for Determining Compensation of Officers & Key Employees

Form 990, Part VI, Section B, Line 15b: Compensation for key employees is reviewed annually and determined by the CEO. Data considered may include market and industry compensation data, peer compensation data, as well as years and level of experience. Input may also include data from outside consultants.

Documents Made Available to the Public

Form 990, Part VI, Section C, Line 19: ISTE's governing documents, conflict of interest policies, and financial statements are available to the public upon request. These documents are submitted to federal/state government registrations and grant applications when required.

Financial Statement Notes

FIN 48 (ASC 740) Footnote

Schedule D, Part X, Line 2: ISTE is a not-for-profit organization as described in Section 501(c)(3) of the Internal Revenue Code and is exempt from federal income taxes. ISTE has also been classified as an entity that is not a private foundation within the definition of the Internal Revenue Code and as an entity that qualifies for deductible contributions. The Organization is subject to income taxes on any net income that is derived from a trade or business, regularly carried on, and not in furtherance of the purposes for which it was granted exemption. No income tax provision has been recorded as the net income, if any, from any unrelated trade or business, in the opinion of management, is not material to the financial statements taken as a whole. Tax positions taken related to the Organizations tax exempt status, unrelated business activities taxable income and deductibility of expenses and other miscellaneous tax positions have been reviewed, and management is of the opinion that material positions taken by the Organization would more likely than not be sustained by examination. Accordingly, the Organization has not recorded an income tax liability for uncertain tax benefits as of December 31, 2016 and 2015. As of December 31, 2016, the Organizations tax years ended December 31, 2012 through December 31, 2016 remain subject to examination in the United States federal and state tax jurisdiction. Management has concluded that no reserve for uncertain tax positions is required as of December 31, 2016, and no material change is anticipated in the twelve months following the period ended December 31, 2016.

Reconciliation of Revenue per Audited Financial Statements with Return

Schedule D, Part XI, Line 4b: Cost of Sales $(352,026)

Reconciliation of Expenses per Audited Financial Statements with Return

Schedule D, Part XII, Line 4b: Cost of Sales $(352,026)

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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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