Civic Intelligence

Pivot Learning Partners

990 • Fiscal year 2022 • EIN 94-3227655

Jul 01, 2021 to Jun 30, 2022 • Filed on May 04, 2023

1300 Clay Street 600Oakland, CA 94612

(510) 250-2543

Siviq Scores

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

Liabilities / Assets

55th percentile

0.16x

Higher debt load relative to assets than 55% of similar nonprofits.

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

Liabilities / Revenue

46th percentile

0.14x

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

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

Net Margin

54th percentile

8.4%

Higher net margin than 54% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

33rd percentile

-3.9%

Faster asset growth than 33% of similar nonprofits.

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

Revenue Growth

75th percentile

26%

Faster revenue growth than 75% of similar nonprofits.

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

Assets

Down

$6,056,679

Down $244,677 (-3.9%) from 2021

Net Assets

Up

$5,099,740

Up $475,408 (+10%) from 2021

Liabilities

Down

$956,939

Down $720,085 (-43%) from 2021

Revenue

Up

$7,076,389

Up $1,473,762 (+26%) from 2021

Expenses

Up

$6,481,996

Up $1,932,097 (+42%) from 2021

Net Income

Down

$594,393

Down $458,335 (-44%) 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 2011: $4,691,123Liabilities 2011: $796,997Net Assets 2011: $3,894,1262011Assets 2012: $4,503,376Liabilities 2012: $770,350Net Assets 2012: $3,733,0262012Assets 2013: $4,285,275Liabilities 2013: $747,873Net Assets 2013: $3,537,4022013Assets 2014: $3,881,588Liabilities 2014: $929,026Net Assets 2014: $2,952,5622014Assets 2015: $4,078,745Liabilities 2015: $912,701Net Assets 2015: $3,166,0442015Assets 2016: $3,936,235Liabilities 2016: $759,351Net Assets 2016: $3,176,8842016Assets 2017: $4,383,784Liabilities 2017: $636,039Net Assets 2017: $3,747,7452017Assets 2018: $5,069,205Liabilities 2018: $838,042Net Assets 2018: $4,231,1632018Assets 2019: $4,701,366Liabilities 2019: $824,400Net Assets 2019: $3,876,9662019Assets 2020: $5,230,904Liabilities 2020: $1,640,854Net Assets 2020: $3,590,0502020Assets 2021: $6,301,356Liabilities 2021: $1,677,024Net Assets 2021: $4,624,3322021Assets 2022: $6,056,679Liabilities 2022: $956,939Net Assets 2022: $5,099,7402022Assets 2023: $728,088Liabilities 2023: $653,088Net Assets 2023: $75,0002023

Highlighted filing

2022

Assets$6,056,679
Liabilities$956,939
Net Assets$5,099,740

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MRevenue 2011: $9,012,543Expenses 2011: $8,452,185Net Income 2011: $560,3582011Expenses 2012: $7,325,2832012Expenses 2013: $7,818,9932013Revenue 2014: $7,241,147Expenses 2014: $7,846,258Net Income 2014: -$605,1112014Revenue 2015: $7,490,288Expenses 2015: $7,250,202Net Income 2015: $240,0862015Revenue 2016: $7,374,031Expenses 2016: $7,368,178Net Income 2016: $5,8532016Revenue 2017: $5,619,864Expenses 2017: $5,066,798Net Income 2017: $553,0662017Revenue 2018: $4,476,318Expenses 2018: $3,999,804Net Income 2018: $476,5142018Revenue 2019: $3,927,062Expenses 2019: $4,295,393Net Income 2019: -$368,3312019Revenue 2020: $3,715,200Expenses 2020: $4,030,455Net Income 2020: -$315,2552020Revenue 2021: $5,602,627Expenses 2021: $4,549,899Net Income 2021: $1,052,7282021Revenue 2022: $7,076,389Expenses 2022: $6,481,996Net Income 2022: $594,3932022Revenue 2023: $2,733,612Expenses 2023: $8,100,538Net Income 2023: -$5,366,9262023

Highlighted filing

2022

Revenue$7,076,389
Expenses$6,481,996
Net Income$594,393
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 4, 2023
Return Version
2021v4.2
Gross Receipts
$7,944,797
Mission and Program Overview

Mission

Pivot learning's mission is to ensure a rigorous, relevant, and inclusive public education for all students by developing instructional coherence and improving teaching and learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$983,703$2,308,516▲ $1,324,813
Investments Other Securities$1,500,000$1,500,000→ $0
Pledges and Grants Receivable$2,440,843$988,339▼ $1,452,504
Investments in Publicly Traded Securities$913,048$700,564▼ $212,484
Accounts Receivable$133,262$273,421▲ $140,159
Savings and Temporary Cash Investments$151,382--
Prepaid Expenses and Deferred Charges$5,250$66,670▲ $61,420
Land, Buildings, and Equipment, Net$8,028$2,442▼ $5,586
Total Assets$6,301,356$6,056,679▼ $244,677
Other Assets Total$165,840$216,727▲ $50,887
Liabilities
Accounts Payable and Accrued Expenses$637,707$885,742▲ $248,035
Unsecured Notes Loans Payable$514,792$0▼ $514,792
Other Liabilities$463,740$0▼ $463,740
Deferred Revenue$60,785$71,197▲ $10,412
Total Liabilities$1,677,024$956,939▼ $720,085
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,945,356$2,668,286▼ $277,070
Net Assets Without Donor Restrictions$1,678,976$2,431,454▲ $752,478
Total Net Assets Fund Balance$4,624,332$5,099,740▲ $475,408
Total Liabilities and Net Assets / Fund Balance$6,301,356$6,056,679▼ $244,677

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,442$115,570$118,012
Other Land Buildings$0$56,298$56,298
Leasehold Improvements$0$14,433$14,433
Closely Held Equity Interests$1,500,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Arun RamanathanCEOFT$291,537$94,747$386,284
Nadya Chinoy DabbyChief Growth OfficerFT$186,100$39,023$225,123
Johannah KaplanChief Talent & Culture OfficerFT$189,687$27,935$217,622
Allison CarterVP Education ProgramsFT$148,625$20,926$169,551
Arielle DaviesDirector Product DevelopmentFT$118,149$25,406$143,555
Monica NgVP Education ProgramsFT$126,628$12,017$138,645

Board Members and Trustees

NameTitle
Doug BorchardBoard Member
Mike HalletBoard Member
Sarah BraytonBoard Member
Sonjihia LoweryBoard Member
Beth MejiaBoard Member - as of Oct 2021
Emma PengellyBoard Member - as of Oct 2021
Lacey RobinsonBoard Member - Thru April 2022
Jocelyn Garcia-thomeBoard Member - Thru July 2021
Aron HonigCFO (as of June 2022)

Highest Paid Contractors

ContractorServicesLocationCompensation
Unbounded LearningSubcontract Payments228 PARK AVE S NO 90834, New York, NY 10003$430,000
Wmbe Payrolling INCTemp Agency9475 CHESAPEAKE DR, San Diego, CA 92123$147,432
Honig Business SolutionsFinancial Strategy And Services62 HAYS HILL ROAD, Pleasantville, NY 10570$145,414
Spyre MarketingMarketing ConsultingPO BOX 12349, Denver, CO 80212$122,693
S3dxManagement Consulting2305 WARD ST, Berkeley, CA 94705$105,124
Revenue and Support

Revenue Composition

Contributions and Grants
$6,226,367
Program Service Revenue
$821,216
Investment Income
$28,806
Other Revenue
$0
All Other Contributions
$5,711,575
Change in Net Assets
$594,393

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,066,402
Revenue Not Reported on Financial Statements
$9,987
Revenue Not Reported on Form 990
$401,348
Total Revenue per Audited Statements
$7,467,750
Total Revenue per Form 990
$7,076,389
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,468,720
Salaries, Compensation, and Employee Benefits$3,013,276
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,348,140$467,701-$1,815,841
Current Officers, Directors, Trustees, and Key Employees$78,887$546,482-$625,369
Other Employee Benefits$178,784$83,524-$262,308
Payroll Taxes$121,247$81,311-$202,558
Fees for Services Other-$195,613-$195,613
Fees for Services Accounting$37,322$111,968-$149,290
Information Technology$84,486$56,658-$141,144
Advertising-$126,393-$126,393
Pension Plan Contributions$76,631$30,569-$107,200
Travel-$68,501-$68,501
Other Expenses$2,610,630$34,066-$34,066
Occupancy$19,713$13,222-$32,935
Fees for Services Legal-$31,784-$31,784
Insurance-$22,497-$22,497
Fees for Service Investment Mgmnt Fees-$9,987-$9,987
Depreciation Depletion-$5,586-$5,586
Total Functional Expenses$4,555,840$1,926,156$0$6,481,996

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,992,342
Total Expenses per Form 990$6,481,996
Expenses per Audited Statements$6,472,009
Expenses Not Reported on Form 990$520,333
Expenses Not Reported on Financial Statements$9,987
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
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

The organization updated their by-laws to include term limits and officer titles for the board of directors.

Form 990, Part VI, Section A, Line 8B

There is no committee with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the cfo and any questions and changes are followed up on with the tax preparation firm. The form 990 will not be provided to the board of directors prior to the filing because the entity has contributed its assets to unbounded learning, inc., a new york not-for-profit corporation, and is in the process of wind-down and dissolution.

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

The board of directors is reminded of the conflict of interest statement before taking a vote on issues that may generate conflicts.

Form 990, Part VI, Section B, Line 15

Salary reviews are conducted by the board of directors by reviewing the 990 forms of similar organizations as well as conducting and reviewing salary surveys periodically.

Form 990, Part VI, Section C, Line 19

Financial statements and conflict of interest statements are made available to the public via our website. Other documents can be obtained by written request to the organization.

Filing and Contact Details

Filer

Filer Name
Pivot Learning
EIN
94-3227655
Phone
5102502543
Address
1300 CLAY STREET 600, OAKLAND, CA 94612

Signing Officer

Name
Aron Honig
Title
CFO
Phone
5102502543
Signed
2023-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arun Ramanathan
Formed
1995
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
32
Volunteers
8

Preparer

Firm
Mengel Metzger Barr & Co Llp
Address
100 CHESTNUT STREET SUITE 1200, ROCHESTER, NY 14604
Preparer
Michelle Cain
Phone
5854231860
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

This process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Pivot is tax-exempt under section 501(c)(3) of the internal revenue code and core is a for profit entity. Pivot has filed for and received income tax exemptions in the various jurisdictions where they are required to do so. The organization files form 990 tax returns in the u.s. Federal jurisdiction and in california. Core files tax returns in the u.s. Federal jurisdiction and in various states. With few exceptions, as of june 30, 2022, the organization is no longer subject to u.s. Federal or state income tax examinations by tax authorities for years ended prior to june 30, 2019. The tax returns for years ended june 30, 2019 through june 30, 2022 are still subject to potential audit by the internal revenue service and state taxing authorities. Management of the organization believes they have no material uncertain tax positions and, accordingly, they have not recognized any liability for unrecognized tax benefits. Deferred income tax assets and liabilities arise from temporary differences associated with differences between core's financial statements and tax basis of assets and liabilities, as measured by the enacted tax rates which are expected to be in effect when these differences reverse.

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IRS990/Form990PartVIISectionAGrp/PersonNm10JOHANNAH KAPLAN
IRS990/Form990PartVIISectionAGrp/PersonNm11NADYA CHINOY DABBY
IRS990/Form990PartVIISectionAGrp/PersonNm12ALLISON CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm13MONICA NG
IRS990/Form990PartVIISectionAGrp/PersonNm14ARIELLE DAVIES
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12149499
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER - THRU JULY 2021
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER - THRU APRIL 2022
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER - AS OF OCT 2021
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER - AS OF OCT 2021
IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO (AS OF JUNE 2022)
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF TALENT & CULTURE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHIEF GROWTH OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP EDUCATION PROGRAMS
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IRS990/OtherAssetsTotalGrp/EOYAmt0216727
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0178784
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0WITH SUPPORT FROM KEY FUNDERS, PIVOT UTILIZED FUNDING TO ACHIEVE THE FOLLOWING PROJECT GOALS: RESEARCH AND EVALUATE THE DISTRICT STABILITY INDEX, THE FIRST EVER EFFORT TO COLLECT AND PRESENT PUBLICLY AVAILABLE INFORMATION IN FIVE DOMAINS ASSOCIATED WITH A SCHOOL SYSTEM'S ORGANIZATIONAL HEALTH: FINANCIAL MANAGEMENT, PARENT AND COMMUNITY RELATIONS, LABOR RELATIONS, PRINCIPAL AND TEACHER SUPPORT, AND LEADERSHIP AND GOVERNANCE.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1WITH SUPPORT FROM KEY FUNDERS, PIVOT UTILIZED FUNDING TO ACHIEVE THE FOLLOWING PROJECT GOALS: DEVELOP PREVENTION AND INVENTION SERVICES THAT TARGET INSTRUCTIONAL LOSS WITHIN A SCHOOL DISTRICT. THESE SERVICES ARE IMPLEMENTED THROUGH COACHING AND TEACHER PROFESSIONAL DEVELOPMENT.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2WITH SUPPORT FROM KEY FUNDERS, PIVOT UTILIZED FUNDING TO ACHIEVE THE FOLLOWING PROJECT GOALS: EVALUATION AND CASE STUDY OF THE EDUCATIONAL FINANCES OF PROP 13 IN CALIFORNIA.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0490107
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt1241741
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt227025
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IRS990/PYOtherExpensesAmt02030125
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02632768
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02775824
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02640574
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01163828
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01300581
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05463708
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0115581
IRS990ScheduleA/InvestmentIncomeCYPct00.00480
IRS990ScheduleA/InvestmentIncomePYPct00.00410

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