Totals
- Total revenue
- $1,088,512
- Total expenses
- $2,019,826
- Contributions and grants received
- $1,061,868
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $26,331
- Other revenue
- $313
- Total assets, end of year
- $1,067,353
- Total liabilities, end of year
- $355,499
- Net assets or fund balances, end of year
- $711,854
- Program services expenses (Part IX)
- $1,205,120
- Management and general expenses
- $533,711
- Fundraising expenses
- $280,995
- Program service expenses (Part III)
- $1,205,120
Program services were 59.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,061,868
-
3 · Investment income
total $26,331 · excluded $26,331
-
11a · Other revenue: MISCELLANEOUS INCOME
total $1,500 · excluded $1,500
-
11b · Other revenue: LOSS ON ABANDONMENT
total -$1,187 · excluded -$1,187
-
11e · Other revenue, total
$313
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $492,478 · program services $215,228 · management and general $80,259 · fundraising $196,991
-
7 · Other salaries and wages
total $633,069 · program services $473,175 · management and general $137,081 · fundraising $22,813
-
9 · Other employee benefits
total $63,937 · program services $44,915 · management and general $13,182 · fundraising $5,840
-
10 · Payroll taxes
total $76,795 · program services $47,344 · management and general $14,883 · fundraising $14,568
-
11b · Fees: legal
total $21,172 · management and general $21,172
-
11c · Fees: accounting
total $64,914 · management and general $64,914
-
11g · Fees: other
total $423,392 · program services $323,586 · management and general $71,450 · fundraising $28,356
-
12 · Advertising and promotion
total $57,027 · management and general $56,343 · fundraising $684
-
13 · Office expenses
total $34,561 · program services $18,924 · management and general $15,256 · fundraising $381
-
14 · Information technology
total $77,855 · program services $51,232 · management and general $16,366 · fundraising $10,257
-
16 · Occupancy
total $1,028 · program services $571 · management and general $447 · fundraising $10
-
17 · Travel
total $11,948 · program services $508 · management and general $11,440
-
20 · Interest
total $28 · management and general $28
-
22 · Depreciation, depletion and amortization
total $6,551 · program services $3,639 · management and general $2,912
-
23 · Insurance
total $34,829 · program services $14,574 · management and general $19,868 · fundraising $387
-
24a · Other expenses: EDUCATOR PROF. DEV.
total $10,569 · program services $10,197 · management and general $372 · fundraising $0
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $8,437 · program services $540 · management and general $7,203 · fundraising $694
-
24c · Other expenses: REP., MAINT. AND EQUIP.
total $1,236 · program services $687 · management and general $535 · fundraising $14
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $936,043 · end of year $860,555
-
3 · Pledges and grants receivable
beginning of year $882,779 · end of year $198,867
-
9 · Prepaid expenses and deferred charges
beginning of year $13,235 · end of year $2,602
-
10a · Land, buildings and equipment: cost or other basis
$100,350
-
10b · Land, buildings and equipment: accumulated depreciation
$95,021
-
10c · Land, buildings and equipment, net
beginning of year $13,680 · end of year $5,329
-
17 · Accounts payable and accrued expenses
beginning of year $201,270 · end of year $105,499
-
24 · Unsecured notes and loans payable
end of year $250,000
-
25 · Other liabilities
beginning of year $1,299 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $760,389 · end of year $514,487
-
28 · Net assets with donor restrictions
beginning of year $882,779 · end of year $197,367
Mission and programs · 2022
Mission
TO CREATE EQUITABLE PERSONALIZED LEARNING EXPERIENCES FOR LEARNERS TO REACH THEIR FULL POTENTIAL.
-
THE NEW LEARNING MODEL WILL ALIGN THE NEEDS, INTERESTS AND AMBITIONS OF EACH STUDENT - WITH COMMUNITY-BASED, IN-PERSON AND DIGITAL RESOURCES AND PROGRAMS.
Expenses $1,205,120
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Phyllis LockettPHYLLIS LOCKETT
PRESIDENT & CEO
- Total calculated
- $359,063
- From this org
- $333,459
- From related orgs
- $0
- Other
- $25,604
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $333,409
- Bonus
- $50
- Other
- $0
- Deferred
- $15,346
- Nontaxable benefits
- $10,258
- Filer's total
- $359,063
-
Michael AlterMICHAEL ALTER
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Timothy SchwertfegerTIMOTHY SCHWERTFEGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ulrik ChristensenULRIK CHRISTENSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael MoeMICHAEL MOE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
David LevyDAVID LEVY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Leo MelamedLEO MELAMED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Harriet SeitlerHARRIET SEITLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Emily BaderEMILY BADER
SR DIR OF MARKETING COMM
- Total calculated
- $205,423
- From this org
- $175,935
- From related orgs
- $0
- Other
- $29,488
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,785
- Bonus
- $150
- Other
- $0
- Deferred
- $9,004
- Nontaxable benefits
- $20,484
- Filer's total
- $205,423
-
Danielle MoehrkeDANIELLE MOEHRKE
DIR OF STRATEGY & OPERATIONS
- Total calculated
- $153,249
- From this org
- $138,237
- From related orgs
- $0
- Other
- $15,012
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $138,237
- Bonus
- $0
- Other
- $0
- Deferred
- $7,000
- Nontaxable benefits
- $8,012
- Filer's total
- $153,249
-
Silvia KosovichSILVIA KOSOVICH
SR MANAGER OPERATIONS & ADMINISTRATION
- Total calculated
- $114,907
- From this org
- $103,751
- From related orgs
- $0
- Other
- $11,156
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE PROCESS OF DETERMINING COMPENSATION FOR THE CEO UTILIZES A COMPENSATION ANALYSIS. THE BOARD OF DIRECTORS HAS OVERSIGHT OF THE PROCESS AND THE OVERALL ANNUAL COMPENSATION AMOUNT IS APPROVED BY THEM.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202400469349301705
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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