Civic Intelligence

Pivot Learning Partners

990 • Fiscal year 2023 • EIN 94-3227655

Jul 01, 2022 to Jun 30, 2023 • Filed on May 10, 2024

1300 Clay Street 600Oakland, CA 94612

(510) 250-2543

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$728,088

Down $5,328,591 (-88%) from 2022

Net Assets

Down

$75,000

Down $5,024,740 (-99%) from 2022

Liabilities

Down

$653,088

Down $303,851 (-32%) from 2022

Revenue And Expenses

Revenue

Down

$2,733,612

Down $4,342,777 (-61%) from 2022

Expenses

Up

$8,100,538

Up $1,618,542 (+25%) from 2022

Net Income

Down

-$5,366,926

Down $5,961,319 (-1003%) from 2022

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

2023

Assets$728,088
Liabilities$653,088
Net Assets$75,000

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

2023

Revenue$2,733,612
Expenses$8,100,538
Net Income-$5,366,926
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 10, 2024
Return Version
2022v5.0
Gross Receipts
$3,247,341
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
Pledges and Grants Receivable$988,339$0▼ $988,339
Cash and Non-Interest-Bearing Accounts$2,308,516$276,466▼ $2,032,050
Accounts Receivable$273,421$0▼ $273,421
Investments Other Securities$1,500,000$228,587▼ $1,271,413
Investments in Publicly Traded Securities$700,564$221,205▼ $479,359
Prepaid Expenses and Deferred Charges$66,670$0▼ $66,670
Land, Buildings, and Equipment, Net$2,442$0▼ $2,442
Total Assets$6,056,679$728,088▼ $5,328,591
Other Assets Total$216,727$1,830▼ $214,897
Liabilities
Other Liabilities$0$568,491▲ $568,491
Accounts Payable and Accrued Expenses$885,742$84,597▼ $801,145
Deferred Revenue$71,197--
Total Liabilities$956,939$653,088▼ $303,851
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,668,286$0▼ $2,668,286
Net Assets Without Donor Restrictions$2,431,454$75,000▼ $2,356,454
Total Net Assets Fund Balance$5,099,740$75,000▼ $5,024,740
Total Liabilities and Net Assets / Fund Balance$6,056,679$728,088▼ $5,328,591

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$118,012$118,012
Other Land Buildings$0$56,298$56,298
Leasehold Improvements$0$14,433$14,433
Other Securities$64,689--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RamanathanarunCEO (thru March 2023)FT$335,675$71,584$407,259
Dabbynadya ChinoyChief Growth Officer (thru March 2023)FT$321,808$46,537$368,345
Dabbynadya ChinoyChief Growth Officer (thru March 202-$283,475$84,870$368,345
KaplanjohannahChief Talent & Culture Officer (thru March 2023)FT$208,712$31,147$239,859
KaplanjohannahChief Talent & Culture Officer (thru-$206,975$32,884$239,859
CarterallisonVP Education Programs (thru March 2023)FT$162,700$24,004$186,704
CarterallisonVP Education Programs (thru March 20-$161,140$25,564$186,704
Willisclay aDirector, Marketing & Comms (thru March 2023)FT$127,433$15,443$142,876
Husainaliza NadirVP, Research & Evaluation (thru March 2023)FT$132,433$6,968$139,401

Board Members and Trustees

NameTitle
Beth MejiaBoard Member (thru March 2023)
Doug BorchardBoard Member (thru March 2023)
Emma PengellyBoard Member (thru March 2023)
Mike HalletBoard Member (thru March 2023)
Sarah BraytonBoard Member (thru March 2023)
Sonjihia LoweryBoard Member (thru March 2023)
Aron HonigCFO

Highest Paid Contractors

ContractorServicesLocationCompensation
Unbounded LearningSubcontract Payments228 PARK AVE S NO 90834, New York, NY 10003$600,000
Wmbe Payrolling INCTemp Agency9475 CHESAPEAKE DR, San Diego, CA 92123$570,163
DeloitteManagment Consulting30 ROCKEFELLER PLAZA 41ST FLOOR, New York, NY 10112$520,333
EdreportsSubcontract PaymentsPO BOX 295, Decatur, IL 62525$334,375
New Venture FundSubcontract Payments1828 L STREET SUITE 300-A, Washington, DC 20036$235,175
Revenue and Support

Revenue Composition

Contributions and Grants
$1,715,773
Program Service Revenue
$1,028,197
Investment Income
$-10,358
Other Revenue
$0
All Other Contributions
$1,715,773
Change in Net Assets
$-5,366,926

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,724,716
Revenue Not Reported on Financial Statements
$8,896
Revenue Not Reported on Form 990
$342,186
Total Revenue per Audited Statements
$3,066,902
Total Revenue per Form 990
$2,733,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,383,993
Salaries, Compensation, and Employee Benefits$2,483,981
Other Expenses$2,232,564
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,383,993--$3,383,993
Current Officers, Directors, Trustees, and Key Employees$198,076$792,299-$990,375
Other Salaries and Wages$529,755$35,892-$565,647
Other Employee Benefits$279,068$246,574-$525,642
Payroll Taxes$130,024$135,894-$265,918
Information Technology$76,830$80,299-$157,129
Fees for Services Accounting$37,360$112,080-$149,440
Pension Plan Contributions$77,650$58,749-$136,399
Travel$64,788$67,713-$132,501
Insurance-$87,373-$87,373
Fees for Services Other-$82,013-$82,013
Fees for Services Legal-$73,418-$73,418
Advertising$50,246--$50,246
Occupancy-$24,352-$24,352
Fees for Service Investment Mgmnt Fees-$8,896-$8,896
Other Expenses$1,444,577$3,677-$3,677
Depreciation Depletion-$2,442-$2,442
Total Functional Expenses$6,272,367$1,828,171$0$8,100,538

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,100,538
Expenses per Audited Statements$4,707,649
Total Expenses per Audited Statements$4,707,649
Expenses Not Reported on Financial Statements$3,392,889
Other Expense Adjustments$3,383,993
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Unbounded Learning IncNew York, NY501(c)(3)To Carry on Equiping Educators With the Knowledge and Skills to Significantly Improve Academic Achievements.$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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$568,491
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
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 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
5108084154
Signed
2024-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aron Honig
Formed
1995
Legal Domicile
CA
Voting Board Members
0
Independent Board Members
0
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 III, Line 3

The organization merged with another unrelated 501(c)(3) organization.

FORM 990, PART XII, LINE 2C:

The board has not changed its process for selecting the independent auditor nor have they changed the oversight of the audit from prior years.

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, 2023, 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, 2020. The tax returns for years ended june 30, 2020 through june 30, 2023 are still subject to potential audit by the irs and taxing authorities in each state. Management of the organization believes they have no material uncertain tax positions and, accordingly, they have not recognized any liability for unrecognized tax benefits.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Transfer of net assets 3,383,993.

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IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF TALENT & CULTURE OFFICER (THRU MARCH 2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP EDUCATION PROGRAMS (THRU MARCH 2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP, RESEARCH & EVALUATION (THRU MARCH 2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR, MARKETING & COMMS (THRU MARCH 2023)
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