What the amendment changed
Compared with the return it replaced , filed 15 November 2023. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
Both are the same on the two returns, so the amendment changed something else.
Totals
- Total revenue
- $61,023,810
- Total expenses
- $60,118,859
- Contributions and grants received
- $5,291,905
- Grants paid
- $7,781,569
- Program service revenue
- $34,814,675
- Investment income
- $1,270,098
- Other revenue
- $19,647,132
- Total assets, end of year
- $102,702,002
- Total liabilities, end of year
- $42,701,374
- Net assets or fund balances, end of year
- $60,000,628
- Program services expenses (Part IX)
- $49,446,868
- Management and general expenses
- $9,654,827
- Fundraising expenses
- $1,017,164
- Program service expenses (Part III)
- $49,446,868
Program services were 82.2% 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.
-
1e · Government grants (contributions)
$481,401
-
1f · All other contributions, gifts and grants
$4,810,504
-
1g · Noncash contributions included above
$75,613
-
2a · Program service revenue: PROGRAM PARTICIPATION FEES
total $25,440,350 · related or exempt $25,440,350
-
2b · Program service revenue: TRAINING PROGRAM SERVICE REVENUE
total $8,814,185 · related or exempt $8,814,185
-
2c · Program service revenue: OTHER PROGRAM SERVICE REVENUE
total $560,140 · related or exempt $560,140
-
3 · Investment income
total $1,342,220 · excluded $1,342,220
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $1,315 · excluded $1,315
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $746,564
-
7b · Less cost or other basis and sales expenses
securities $812,388 · other assets $6,298
-
7c · Gain or loss
securities -$65,824 · other assets -$6,298
-
7d · Net gain or loss
total -$72,122 · excluded -$72,122
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$69,462,866
-
10b · Cost of goods sold
$49,831,700
-
10c · Net income from sales of inventory
total $19,631,166 · related or exempt $19,631,166
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $14,651 · related or exempt $14,651
-
11e · Other revenue, total
$14,651
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $7,781,569 · program services $7,781,569
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $2,195,215 · program services $1,659,640 · management and general $480,841 · fundraising $54,734
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $23,623,327 · program services $17,859,853 · management and general $5,174,468 · fundraising $589,006
-
8 · Pension plan contributions
total $285,971 · program services $220,955 · management and general $58,362 · fundraising $6,654
-
9 · Other employee benefits
total $5,796,223 · program services $4,478,440 · management and general $1,182,924 · fundraising $134,859
-
10 · Payroll taxes
total $1,691,598 · program services $1,316,338 · management and general $334,503 · fundraising $40,757
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $147,369 · management and general $147,369
-
11c · Fees: accounting
total $57,737 · management and general $57,737
-
11d · Fees: lobbying
total $308,861 · management and general $308,861
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $3,608 · management and general $3,608
-
11g · Fees: other
total $9,419,324 · program services $8,049,267 · management and general $1,275,935 · fundraising $94,122
-
12 · Advertising and promotion
total $966,297 · program services $879,218 · management and general $53,614 · fundraising $33,465
-
13 · Office expenses
total $50,711 · program services $39,304 · management and general $10,114 · fundraising $1,293
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $113,565 · program services $102,208 · management and general $10,221 · fundraising $1,136
-
17 · Travel
total $1,111,756 · program services $922,102 · management and general $166,076 · fundraising $23,578
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $3,212,247 · program services $3,057,964 · management and general $148,526 · fundraising $5,757
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $395,443 · program services $355,899 · management and general $35,590 · fundraising $3,954
-
23 · Insurance
total $127,184 · program services $114,465 · management and general $11,447 · fundraising $1,272
-
24a · Other expenses: EQUIPMENT AND MAINTENANCE
total $29,148 · program services $23,431 · management and general $5,299 · fundraising $418
-
24b · Other expenses: TELEPHONE
total $362,314 · program services $287,523 · management and general $67,132 · fundraising $7,659
-
24c · Other expenses: EVALUATION
total $1,803,189 · program services $1,803,189
-
24d · Other expenses: CURRICULUM DEVELOPMENT
total $14,479 · program services $14,479
-
24e · All other expenses
total $621,724 · program services $481,024 · management and general $122,200 · fundraising $18,500
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $44,197,740 · end of year $7,058,152
-
2 · Savings and temporary cash investments
beginning of year $41,219 · end of year $40,527,125
-
3 · Pledges and grants receivable
beginning of year $10,815,590 · end of year $6,037,800
-
4 · Accounts receivable
beginning of year $35,512,976 · end of year $32,113,191
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $783,456 · end of year $660,661
-
9 · Prepaid expenses and deferred charges
beginning of year $6,385,396 · end of year $8,546,492
-
10a · Land, buildings and equipment: cost or other basis
$7,887,926
-
10b · Land, buildings and equipment: accumulated depreciation
$1,049,360
-
10c · Land, buildings and equipment, net
beginning of year $4,996,899 · end of year $6,838,566
-
11 · Investments: publicly traded securities
beginning of year $1,614,332 · end of year $920,015
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $16,274,467 · end of year $12,305,480
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $28,242,598 · end of year $30,330,885
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $667,709 · end of year $65,009
-
27 · Net assets without donor restrictions
beginning of year $38,252,463 · end of year $43,140,819
-
28 · Net assets with donor restrictions
beginning of year $20,910,371 · end of year $16,859,809
Mission and programs · 2022
Mission
PROJECT LEAD THE WAY (PLTW) EMPOWERS STUDENTS TO THRIVE IN AN EVOLVING WORLD.
-
PLTW PROVIDES A TRANSFORMATIVE LEARNING EXPERIENCE FOR PREK-12 STUDENTS AND TEACHERS ACROSS THE U.S. THROUGH OUR PATHWAYS IN COMPUTER SCIENCE, ENGINEERING, AND BIOMEDICAL SCIENCE. PLTW EMPOWERS STUDENTS TO DEVELOP IN-DEMAND KNOWLEDGE AND SKILLS NECESSARY TO THRIVE IN AN EVOLVING WORLD, AND PROVIDES TEACHERS WITH THE SUPPORT AND RESOURCES THEY NEED TO DEVOTE MORE TIME TO INSPIRING STUDENTS. PLTW STUDENTS AND TEACHERS FIND ADDITIONAL SUPPORT FROM OUR LARGER NETWORK OF PREK-12 SCHOOLS, ADMINISTRATORS COLLEGES AND UNIVERSITIES, AND CORPORATE AND PHILANTHROPIC PARTNER ACROSS THE COUNTRY UNITED AROUND A PASSION FOR PROVIDING STUDENTS WITH INSPIRING, ENGAGING, AND EMPOWERING LEARNING OPPORTUNITIES.
Expenses $49,446,868 · Grants $7,781,569 · Revenue $54,460,492
As filed on the 2022 return.
Listed in Part VII
-
David Dimmett Ed DDAVID DIMMETT ED D
PRESIDENT & CEO
- Total calculated
- $569,950
- From this org
- $499,443
- From related orgs
- $0
- Other
- $70,507
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $428,443
- Bonus
- $71,000
- Other
- $0
- Deferred
- $46,300
- Nontaxable benefits
- $24,207
- Filer's total
- $569,950
-
Maksim Altmark End 523MAKSIM ALTMARK END 523
CHIEF FINANCIAL OFFICER
- Total calculated
- $447,005
- From this org
- $378,225
- From related orgs
- $0
- Other
- $68,780
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $378,225
- Bonus
- $0
- Other
- $0
- Deferred
- $46,477
- Nontaxable benefits
- $22,303
- Filer's total
- $447,005
-
Kathleen MoteKATHLEEN MOTE
CHIEF STRATEGY OFFICER
- Total calculated
- $426,934
- From this org
- $372,729
- From related orgs
- $0
- Other
- $54,205
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $372,729
- Bonus
- $0
- Other
- $0
- Deferred
- $27,050
- Nontaxable benefits
- $27,155
- Filer's total
- $426,934
-
Vince Bertram Ed DVINCE BERTRAM ED D
PRESIDENT & CEO (END 5/22)
- Total calculated
- $421,287
- From this org
- $392,265
- From related orgs
- $0
- Other
- $29,022
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $392,265
- Bonus
- $0
- Other
- $0
- Deferred
- $18,000
- Nontaxable benefits
- $11,022
- Filer's total
- $421,287
-
David GreerDAVID GREER
CHIEF PROGRAMS OFFICER
- Total calculated
- $395,116
- From this org
- $330,236
- From related orgs
- $0
- Other
- $64,880
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $330,236
- Bonus
- $0
- Other
- $0
- Deferred
- $41,298
- Nontaxable benefits
- $23,582
- Filer's total
- $395,116
-
Matthew VoorsMATTHEW VOORS
CHIEF LEGAL & COMPL. OFFICER
- Total calculated
- $304,374
- From this org
- $267,610
- From related orgs
- $0
- Other
- $36,764
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $267,610
- Bonus
- $0
- Other
- $0
- Deferred
- $34,691
- Nontaxable benefits
- $2,073
- Filer's total
- $304,374
-
Lisa SeayLISA SEAY
CHIEF TALENT OFFICER
- Total calculated
- $298,844
- From this org
- $272,008
- From related orgs
- $0
- Other
- $26,836
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $272,008
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $26,836
- Filer's total
- $298,844
-
Leah BrownLEAH BROWN
CHIEF CUSTOMER OFFICER
- Total calculated
- $296,514
- From this org
- $281,959
- From related orgs
- $0
- Other
- $14,555
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $281,959
- Bonus
- $0
- Other
- $0
- Deferred
- $12,380
- Nontaxable benefits
- $2,175
- Filer's total
- $296,514
-
Brian GreiweBRIAN GREIWE
CHIEF TECHNOLOGY OFFICER
- Total calculated
- $286,023
- From this org
- $251,606
- From related orgs
- $0
- Other
- $34,417
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $251,606
- Bonus
- $0
- Other
- $0
- Deferred
- $15,570
- Nontaxable benefits
- $18,847
- Filer's total
- $286,023
-
Rocco ValadezROCCO VALADEZ
SR VICE PRES. OF ENGAGEMENT
- Total calculated
- $284,937
- From this org
- $237,678
- From related orgs
- $0
- Other
- $47,259
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $237,678
- Bonus
- $0
- Other
- $0
- Deferred
- $24,496
- Nontaxable benefits
- $22,763
- Filer's total
- $284,937
-
Samuel CoxSAMUEL COX
CHIEF OPS & LOGISTICS OFFICER
- Total calculated
- $279,587
- From this org
- $236,688
- From related orgs
- $0
- Other
- $42,899
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $236,688
- Bonus
- $0
- Other
- $0
- Deferred
- $24,201
- Nontaxable benefits
- $18,698
- Filer's total
- $279,587
-
Kurt LiebichKURT LIEBICH
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
James RahnJAMES RAHN
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Chris BradshawCHRIS BRADSHAW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Adele Braxton-FieldsADELE BRAXTON-FIELDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Eunice HeathEUNICE HEATH
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Stephanie HillSTEPHANIE HILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Nick RagoneNICK RAGONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Amy RossAMY ROSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Gabriela Gonzalez PhDGABRIELA GONZALEZ PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
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 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 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
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
-
Federal Way Public Schools
$645,000
Program Implementation
-
Consolidated School District No 6
$255,000
Program Implementation
-
Cicero School District 99
$250,000
Program Implementation
-
Chicago Public Schools District #299
$250,000
Program Implementation
-
Cobb County School District
$215,849
Program Implementation
-
Bienville Parish
$215,000
Program Implementation
-
Racine Unified School District
$185,000
Program Expansion
-
Kenosha Unified School District No 1
$180,000
Program Implementation
-
Houston Independent School District
$160,250
Program Implementation
-
Burlington Area School District
$160,000
Program Implementation
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
PLTW ASSESSMENTS INC
C CORP · EDUCATION SER · IN · 100% owned · share of income $0 · share of assets $0 · controlled entity
Directly controlled by PLTW
-
PLTW CONNECTIONS INC
C CORP · EDUCATION SER · IN · 100% owned · share of income $0 · share of assets $0 · controlled entity
Directly controlled by PLTW
-
PLTW HOLDINGS INC
C CORP · EDUCATION SER · IN · 100% owned · share of income $0 · share of assets $0 · controlled entity
Directly controlled by PLTW
-
PLTW FOUNDATION INC
C CORP · EDUCATION SER · IN · 100% owned · share of income $0 · share of assets $0 · controlled entity
Directly controlled by PLTW
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 31 December 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333569349300623
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.