THE ACHIEVEMENT NETWORK LTD: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
THE ACHIEVEMENT NETWORK LTD (EIN 20-3289870)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-03-05
IRS object ID
202540649349300114
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-03-05T09:42:11-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042571780PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1AAFCPAS INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line150 WASHINGTON STREETAddressLine1Txt
CityWESTBOROUGHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01581ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203289870EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ACHIEVEMENT NETWORK LTDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlACHIBusinessNameControlTxt
Phone6177250000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line168 HARRISON AVENUE PMB 74520 605AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHELLE ODEMWINGIEPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone6177250000PhoneNum
Signature2025-03-05SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJUSTIN K LEROUX CPAPreparerPersonNm
PTINP01722988PTIN
Phone5083669100PhoneNum
Preparation2025-03-05PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHELLE ODEMWINGIEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line168 HARRISON AVENUE PMB 74520 605AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$28,326,245GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressACHIEVEMENTNETWORK.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2006FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionANET IS A NONPROFIT DEDICATED TO EXPANDING EDUCATIONAL EQUITY FOR ALL STUDENTS.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee261TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$20,058,841PYContributionsGrantsAmt
CY Contributions Grants$8,471,106CYContributionsGrantsAmt
PY Program Service Revenue$21,977,555PYProgramServiceRevenueAmt
CY Program Service Revenue$18,745,884CYProgramServiceRevenueAmt
PY Investment Income$523,913PYInvestmentIncomeAmt
CY Investment Income$1,098,327CYInvestmentIncomeAmt
PY Other Revenue$12,555PYOtherRevenueAmt
CY Other Revenue$10,928CYOtherRevenueAmt
PY Total Revenue$42,572,864PYTotalRevenueAmt
CY Total Revenue$28,326,245CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$28,265,251PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$28,073,044CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$572,332CYTotalFundraisingExpenseAmt
PY Other Expenses$5,317,376PYOtherExpensesAmt
CY Other Expenses$4,665,944CYOtherExpensesAmt
PY Total Expenses$33,582,627PYTotalExpensesAmt
CY Total Expenses$32,738,988CYTotalExpensesAmt
PY Revenues Less Expenses$8,990,237PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$4,412,743CYRevenuesLessExpensesAmt
Total Assets BOY$32,168,970TotalAssetsBOYAmt
Total Assets EOY$28,109,067TotalAssetsEOYAmt
Total Liabilities BOY$1,641,100TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,993,940TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$30,527,870NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$26,115,127NetAssetsOrFundBalancesEOYAmt
MissionANET IS A NONPROFIT DEDICATED TO EXPANDING EDUCATIONAL EQUITY FOR ALL STUDENTS. WE WORK ALONGSIDE LEADERSHIP TEAMS TO SUPPORT TEACHERS' USE OF STANDARDS AND DATA TO ACHIEVE BREAKTHROUGH RESULTS FOR STUDENTS IN UNDERSERVED COMMUNITIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$25,317,377ExpenseAmt
Revenue$18,745,884RevenueAmt
DescANET PROVIDES AN INTEGRATED SYSTEM OF STUDENT ASSESSMENT TOOLS, EDUCATIONAL RESOURCES, PROFESSIONAL LEARNING, AND CONSULTING SERVICES TO HELP SCHOOLS AND DISTRICTS BOOST STUDENT LEARNING WITH GREAT TEACHING THAT'S GROUNDED IN LEARNING STANDARDS, INFORMED BY DATA, AND BUILT ON THE SUCCESSFUL PRACTICES OF EDUCATORS AROUND THE COUNTRY.Desc
Total Program Service Expenses$25,317,377TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document18IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee261EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAZStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHELLE ODEMWINGIEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6177250000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line168 HARRISON AVENUE PMB 74520 605AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
MICHELLE ODEMWINGIE
PRESIDENT AND CEO, DIRECTOR40.00Yes (X)Yes (X)$292,472$0$17,771
SCOTT WELLS
BOARD CHAIR1.00Yes (X)Yes (X)$0$0$0
ALEJANDRA VELA
TREASURER (AS OF 10/23)1.00Yes (X)Yes (X)$0$0$0
JOHN MAYCOCK
TREASURER (UNTIL 10/23)1.00Yes (X)Yes (X)$0$0$0
STEPHANIE WU
DIRECTOR1.00Yes (X)$0$0$0
JUDY ELLIOTT
DIRECTOR1.00Yes (X)$0$0$0
SOJI ADEWUMI
DIRECTOR1.00Yes (X)$0$0$0
DAVID HARDY
DIRECTOR1.00Yes (X)$0$0$0
XUAN SMITH
DIRECTOR1.00Yes (X)$0$0$0
BRIAN PICK
DIRECTOR1.00Yes (X)$0$0$0
DR BHARAT ANAND
DIRECTOR (UNTIL 10/23)1.00Yes (X)$0$0$0
REBECCA KOCKLER
DIRECTOR (UNTIL 11/23)1.00Yes (X)$0$0$0
IAN SCOTT
CHIEF PARTNERSHIPS OFFICER/ASST. SEC.40.00Yes (X)$221,650$0$15,953
DEBORAH GRAY
GENERAL COUNSEL, ASST. SECRETARY20.00Yes (X)$93,667$0$3,166
PORANEE KINGPETCHARAT
COO, CFO, ASST. TREASURER40.00Yes (X)$231,725$0$24,794
CARTER SOMERSET ROMANSKY
CHIEF STRATEGY OFFICER40.00$235,755$0$28,939Yes (X)
AMRUTHA NAGARAJAN
CHIEF OF SCHOOL AND SYSTEM SERVICES40.00$222,840$0$20,912Yes (X)
CHRISTOPHER RUDOLF RUPPRECHT
CHIEF PRODUCT OFFICER40.00$186,639$0$26,868Yes (X)
KIMBERLY YVONNE COCKRELL
EXTERNAL AFFAIRS LEAD40.00$200,750$0$15,987Yes (X)
SHARON ELAINE CHANG
DIRECTOR, ENGINEERING40.00$187,334$0$22,652Yes (X)
GREGORY DONALD LEWIS
PRINCIPAL SOFTWARE ENGINEER40.00$179,384$0$29,626Yes (X)
NICOLAS JAMES ANZALONE
VICE PRESIDENT, ENGINEERING40.00$186,639$0$29,938Yes (X)
EDLYN AMANDA CHELLAPPA-SMITH
VICE PRESIDENT, PROGRAM STRATEGY40.00$186,639$0$21,678Yes (X)
LANETTE R TROWERY
VICE PRESIDENT, INSTRUCTIONAL PRODUCTS40.00$172,924$0$22,331Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,598,418TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$280,615TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K185IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
TIME FOR VENTURES
34 E 11TH ST 3CNEW YORKNY10003CONSULTING$234,000
FIONTA INCORPORATED
PO BOX 223481CHANTILLYVA20153CONSULTING$233,847
REDSTONE STRATEGY GROUP
1828 L STREET NW STE 300WASHINGTONDC20036CONSULTING$192,403
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K10CntrctRcvdGreaterThan100KCnt
Government Grants$62,100GovernmentGrantsAmt
All Other Contributions$8,409,006AllOtherContributionsAmt
Total Contributions$8,471,106TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE REVENUEDesc
Business611710BusinessCd
Total Revenue Column$18,745,884TotalRevenueColumnAmt
Related Or Exempt Func Income$18,745,884RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$18,745,884TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,098,327TotalRevenueColumnAmt
Exclusion$1,098,327ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$10,928TotalRevenueColumnAmt
Exclusion$10,928ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$10,928OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$28,326,245TotalRevenueColumnAmt
Related Or Exempt Func Income$18,745,884RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,109,255ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,840,508TotalAmt
Program Services$764,117ProgramServicesAmt
Management And General$740,677ManagementAndGeneralAmt
Fundraising$335,714FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$21,550,552TotalAmt
Program Services$18,349,625ProgramServicesAmt
Management And General$3,135,815ManagementAndGeneralAmt
Fundraising$65,112FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$707,936TotalAmt
Program Services$615,464ProgramServicesAmt
Management And General$92,394ManagementAndGeneralAmt
Fundraising$78FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,993,535TotalAmt
Program Services$1,689,746ProgramServicesAmt
Management And General$292,407ManagementAndGeneralAmt
Fundraising$11,382FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,980,513TotalAmt
Program Services$1,644,568ProgramServicesAmt
Management And General$305,786ManagementAndGeneralAmt
Fundraising$30,159FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$27,576TotalAmt
Management And General$27,576ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$48,428TotalAmt
Management And General$48,428ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,132,644TotalAmt
Program Services$868,850ProgramServicesAmt
Management And General$1,141,294ManagementAndGeneralAmt
Fundraising$122,500FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$63,695TotalAmt
Program Services$65ProgramServicesAmt
Management And General$63,630ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$766,064TotalAmt
Program Services$288,264ProgramServicesAmt
Management And General$477,800ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$246,014TotalAmt
Program Services$163,053ProgramServicesAmt
Management And General$80,099ManagementAndGeneralAmt
Fundraising$2,862FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,046,234TotalAmt
Program Services$892,543ProgramServicesAmt
Management And General$149,166ManagementAndGeneralAmt
Fundraising$4,525FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$21,916TotalAmt
Management And General$21,916ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$62,825TotalAmt
Management And General$62,825ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
RECRUITING$134,228$134,228
STAFF DEVELOPMENT$63,346$59,523$3,823
LICENSE FEES$35,000$35,000
MISCELLANEOUS$17,974$15,715$2,259

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$32,738,988TotalAmt
Program Services$25,317,377ProgramServicesAmt
Management And General$6,849,279ManagementAndGeneralAmt
Fundraising$572,332FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$7,094,218BOYAmt
EOY$6,893,621EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$519,189BOYAmt
EOY$5,836EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$580,850EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,137,906BOYAmt
EOY$2,994,836EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$219,856BOYAmt
EOY$223,006EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$271,823LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$21,916LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$249,907EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$19,197,801BOYAmt
EOY$17,161,011EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$32,168,970BOYAmt
EOY$28,109,067EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,411,100BOYAmt
EOY$1,161,111EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$230,000BOYAmt
EOY$832,829EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,641,100BOYAmt
EOY$1,993,940EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$29,586,415BOYAmt
EOY$26,115,127EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$941,455BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$30,527,870BOYAmt
EOY$26,115,127EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$32,168,970BOYAmt
EOY$28,109,067EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$4,412,743ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,092,713CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$14,130,285CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,630,369CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$20,058,841CurrentTaxYearMinus1YearAmt
Current Tax Year$8,471,106CurrentTaxYearAmt
Total$59,383,314TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$21,938,307CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$19,824,650CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$21,164,071CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$21,977,555CurrentTaxYearMinus1YearAmt
Current Tax Year$18,745,884CurrentTaxYearAmt
Total$103,650,467TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$30,031,020CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$33,954,935CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$29,794,440CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$42,036,396CurrentTaxYearMinus1YearAmt
Current Tax Year$27,216,990CurrentTaxYearAmt
Total$163,033,781TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$5,000CurrentTaxYearMinus1YearAmt
Current Tax Year$5,000CurrentTaxYearAmt
Total$20,000TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,566,464CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,011,742CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,039,473CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,529,176CurrentTaxYearMinus1YearAmt
Current Tax Year$6,734,049CurrentTaxYearAmt
Total$31,880,904TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,571,464CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,016,742CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,039,473CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,534,176CurrentTaxYearMinus1YearAmt
Current Tax Year$6,739,049CurrentTaxYearAmt
Total$31,900,904TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$131,132,877PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$39,700CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$14,333CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,388CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$523,913CurrentTaxYearMinus1YearAmt
Current Tax Year$1,098,327CurrentTaxYearAmt
Total$1,678,661TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$39,700CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$14,333CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,388CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$523,913CurrentTaxYearMinus1YearAmt
Current Tax Year$1,098,327CurrentTaxYearAmt
Total$1,678,661TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$322,148CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,555CurrentTaxYearMinus1YearAmt
Current Tax Year$10,928CurrentTaxYearAmt
Total$345,631TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$30,070,720CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$33,969,268CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$30,118,976CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$42,572,864CurrentTaxYearMinus1YearAmt
Current Tax Year$28,326,245CurrentTaxYearAmt
Total$165,058,073TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.79450PublicSupportCY509Pct
Public Support PY5090.84210PublicSupportPY509Pct
Investment Income CY0.01020InvestmentIncomeCYPct
Investment Income PY0.00380InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$271,823OtherCostOrOtherBasisAmt
Depreciation$21,916DepreciationAmt
Book Value$249,907BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$249,907TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$28,326,245TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$28,326,245RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$28,326,245TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$32,738,988TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$32,738,988ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$32,738,988TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationANET ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ANET HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF JUNE 30, 2024.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MICHELLE ODEMWINGIE
PRESIDENT AND CEO, DIRECTOR$292,472$0$0$0$0$0$9,833$0$7,938$0$310,243$0$0$0
CARTER SOMERSET ROMANSKY
CHIEF STRATEGY OFFICER$230,755$0$5,000$0$0$0$9,213$0$19,726$0$264,694$0$0$0
PORANEE KINGPETCHARAT
COO, CFO, ASST. TREASURER$231,725$0$0$0$0$0$9,292$0$15,502$0$256,519$0$0$0
AMRUTHA NAGARAJAN
CHIEF OF SCHOOL AND SYSTEM SERVICES$222,840$0$0$0$0$0$6,662$0$14,250$0$243,752$0$0$0
IAN SCOTT
CHIEF PARTNERSHIPS OFFICER/ASST. SEC$221,650$0$0$0$0$0$8,888$0$7,065$0$237,603$0$0$0
KIMBERLY YVONNE COCKRELL
EXTERNAL AFFAIRS LEAD$200,750$0$0$0$0$0$8,040$0$7,947$0$216,737$0$0$0
NICOLAS JAMES ANZALONE
VICE PRESIDENT, ENGINEERING$186,639$0$0$0$0$0$7,484$0$22,454$0$216,577$0$0$0
CHRISTOPHER RUDOLF RUPPRECHT
CHIEF PRODUCT OFFICER$129,639$0$57,000$0$0$0$7,323$0$19,545$0$213,507$0$0$0
SHARON ELAINE CHANG
DIRECTOR, ENGINEERING$187,334$0$0$0$0$0$7,203$0$15,449$0$209,986$0$0$0
GREGORY DONALD LEWIS
PRINCIPAL SOFTWARE ENGINEER$179,384$0$0$0$0$0$7,202$0$22,424$0$209,010$0$0$0
EDLYN AMANDA CHELLAPPA-SMITH
VICE PRESIDENT, PROGRAM STRATEGY$186,639$0$0$0$0$0$7,484$0$14,194$0$208,317$0$0$0
LANETTE R TROWERY
VICE PRESIDENT, INSTRUCTIONAL PRODUC$172,924$0$0$0$0$0$6,943$0$15,388$0$195,255$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PROVIDED TO THE ORGANIZATION'S FINANCE COMMITTEE AND BOARD OF DIRECTORS FOR REVIEW IN ADVANCE OF THE FILING DEADLINE.
FORM 990, PART VI, SECTION B, LINE 12CANET ASKS ITS DIRECTORS, OFFICERS, AND KEY EMPLOYEES TO REVIEW AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. ANET'S LEGAL TEAM REVIEWS ALL QUESTIONNAIRES AND REPORTS ANY POTENTIAL CONFLICTS TO THE CEO, CHAIR OF THE BOARD, AND CHAIR OF THE FINANCE COMMITTEE, WHICH DETERMINES HOW SUCH POTENTIAL CONFLICT WILL BE PRESENTED TO THE NON-INTERESTED BOARD MEMBERS AND RESOLVED. WHEN CONFLICTS ARE IDENTIFIED, THE INTERESTED INDIVIDUAL WILL BE INSTRUCTED TO ABSTAIN FROM PARTICIPATING IN THE RELATED MATTER.
FORM 990, PART VI, SECTION B, LINE 15THE INDEPENDENT MEMBERS OF THE BOARD REVIEW AND APPROVE THE COMPENSATION OF THE CEO AND THE SENIOR TEAM. FOR THESE POSITIONS, ANET PERIODICALLY ENGAGES AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTANT TO PREPARE A MARKET ANALYSIS USING COMPARABILITY DATA FROM INDUSTRY SURVEYS, DOCUMENTED COMPENSATION OF PERSON'S HOLDING SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS, AND/OR INDEPENDENT COMPENSATION STUDIES. THE DATA IS THEN SHARED WITH THE GROUP OF INDEPENDENT BOARD MEMBERS ACTING AS A COMPENSATION COMMITTEE OF THE BOARD, WHICH THEN PROVIDES A RECOMMENDATION TO THE FULL BOARD OF INDEPENDENT MEMBERS. THE NEXT COMPENSATION ANALYSIS WILL BE CONDUCTED IN FY24.
FORM 990, PART VI, SECTION C, LINE 18ANET WILL MAKE ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY EMAILING FUNDRAISING@ACHIEVMENTNETWORK.ORG. FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG AND PROPUBLICA.ORG/NONPROFITS. ANET MAKES ITS FORM 990, AUDITED FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO ATTENTION: CHIEF OPERATING & FINANCIAL OFFICER, 68 HARRISON AVE., SUITE 605, PMB 74520, BOSTON, MA 02111.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

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