2022-09-13T15:46:09-05:00 2021-10-15 861065772 DELOITTE TAX LLP 111 MONUMENT CIRCLE SUITE 4200 INDIANAPOLIS IN 462045108 990 2021-01-01 843640492 INSIDE TRACK INC INSI 8008846371 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 THOMAS R ERTEL TREASURER 8008846371 2022-09-13 1 THOMAS ERTEL 999009999 SAMANTHA BOKORI P01057347 3174648600 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X RUTH WHITE 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 17105188 0 X WWW.INSIDETRACK.ORG X 2019 DE INSIDE TRACK, INC. WILL (1) PROVIDE MULTIFACETED COACHING TO PROSPECTIVE AND CURRENT STUDENTS TO IMPROVE COLLEGE ENROLLMENT, RETENTION, AND GRADUATION; (2) INSTRUCT AND TRAIN COLLEGE AND UNIVERSITY ADMINISTRATORS ON HOW TO COACH STUDENTS FOR ACADEMIC AND CAREER SUCCESS; AND (3) CONDUCT RESEARCH AND PUBLISH REPORTS ON THE IMPACT OF STUDENT SUCCESS COACHING ON ENROLLMENT, PERSISTENCE, AND CAREER-READINESS. X 3 0 209 0 0 0 1120000 817500 18465430 16287688 29026 0 0 0 19614456 17105188 7764 483 0 0 14274831 12287510 0 0 2018688 7612255 3839827 21894850 16127820 -2280394 977368 23220663 0 6805577 0 16415086 0 INSIDE TRACK, INC. IS A NONPROFIT EDUCATIONAL ORGANIZATION FOCUSED ON PROMOTING STUDENT SUCCESS, INCREASING COLLEGE COMPLETION, AND DEVELOPING CAREER PATHWAYS. 0 0 8823479 483 14241088 INSIDE TRACK, INC. IMPLEMENTS COACHING (I.E., TRAINING AN INDIVIDUAL FOR THE PURPOSE OF IMPROVING OR DEVELOPING HER CAPABILITIES) PROGRAMS THAT IMPROVE EDUCATIONAL OUTCOMES FOR MANY KINDS OF STUDENTS, INCLUDING ADULT, DISTANCE, MILITARY, AND UNDERREPRESENTED STUDENTS. COACHING ACTIVITIES INCLUDE FACE-TO-FACE COACHING AT EDUCATIONAL INSTITUTIONS AND REMOTE COACHING BY PHONE, EMAIL, AND VIRTUAL COMMUNICATION METHODS TO INCREASE THE ACCESSIBILITY OF COACHING TO DISTANCE, ADULT, MILITARY, AND OTHER LEARNERS. 1318451 2046600 INSIDE TRACK, INC. PROVIDES INSTRUCTION TO EDUCATIONAL INSTITUTIONS ON HOW TO COACH STUDENTS, INCLUDING HOW TO DEVELOP COACHING MODELS TAILORED TO KEY STUDENT POPULATIONS SUCH AS MILITARY, DISTANCE, AND UNDERREPRESENTED STUDENTS. 10141930 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 1 17 0 1 209 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 1 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 1 1 0 X ELENA WEALTY 3178061200 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 THOMAS DAWSON BOARD MEMBER 1.00 39.00 X 0 571791 73575 LARRY LUTZ BOARD MEMBER 1.00 39.00 X 0 493198 70825 RUTH WATKINS BOARD MEMBER (BEG 6/21/2021) 1.00 39.00 X 0 375039 43010 ERIN ROTH BOARD MEMBER (THRU 6/20/2021) 1.00 39.00 X 0 337278 69898 THOMAS R ERTEL TREASURER 1.00 39.00 X 0 384759 47898 CHRISTINA CLARK SECRETARY 1.00 39.00 X 0 281250 26497 RUTH WHITE PRESIDENT 40.00 0.00 X 277295 0 20881 KAI DREKMEIER VICE PRESIDENT 40.00 0.00 X 226087 0 32097 JOSEPH DONATO VP HUMAN RESOURCES 40.00 0.00 X 217335 0 22559 STEPHEN AST SVP PARTNER SUCCESS 40.00 0.00 X 183576 0 22187 MICHAEL EMBRY AVP PARTNER SUCCESS 40.00 0.00 X 171090 0 29109 MEAGHAN JOYCE VP SOLUTIONS 40.00 0.00 X 167981 0 19239 DAVID JARRAT SVP STRAT. ENG. & GROWTH 40.00 0.00 X 160397 0 545 STERLING JAMES PARAMORE PRINCIPAL DATA ENGINEER 40.00 0.00 X 148015 0 9789 PETER WHEELAN FORMER OFFICER 1.00 1.00 X 429772 0 500 1981548 2443315 488609 18 1 1 0 CONCENTRICAL LLC 121 SW SALMON ST STE 800 PORTLAND OR 97204 IT CONSULTING SERVICES 1100000 SALESFORCECOM PO BOX 203141 DALLAS TX 75320 IT CONSULTING SERVICES 291545 SUNREACH LLC 1553 ORAMAS RD SANTA BARBARA CA 93103 IT CONSULTING SERVICES 248943 RUBIKAL 696 HOREYA RD ALEXANDRIA EG IT CONSULTING SERVICES 112305 4 420000 397500 817500 COACHING REVENUE 611710 16287688 16287688 16287688 17105188 16287688 0 0 483 483 796254 17768 619510 158976 9281455 5735964 2338619 1206872 1376565 850722 346847 178996 833236 514942 209948 108346 1128811 899565 103071 126175 143543 28879 112544 2120 8363 2170 6106 87 503089 377512 87404 38173 -327961 -276097 -45762 -6102 19971 4987 12126 2858 68716 24692 40370 3654 3031 2552 423 56 2490577 2148764 139421 202392 DUES & ASSOCIATION FEES 27979 1393 26489 97 EMPLOYEE APPRECIATION 2859 548 2060 251 FEDERAL TAXES -66939 -56354 -9340 -1245 STATE TAXES -162212 -136560 -22634 -3018 16127820 10141930 3967202 2018688 3919923 0 0 0 3376393 0 0 0 0 0 51240 0 0 658443 0 0 0 0 13742331 0 1472333 0 23220663 0 4303823 1382470 1119284 6805577 0 X 16415086 0 16415086 0 23220663 0 X 977368 -17392454 X 0 1 X 1 0 X 1120000 817500 1937500 18465430 16287688 34753118 19585430 17105188 36690618 1045000 660000 1705000 11330789 10566390 21897179 12375789 11226390 23602179 13088439 29026 29026 29026 29026 19614456 17105188 36719644 X SCHEDULE A, PART III: INSIDE TRACK, INC. WAS RECOGNIZED AS A 501(C)(3) TAX-EXEMPT ORGANIZATION AS OF JANUARY 28, 2020. AS A RESULT, TAX YEAR 2020 WAS A SHORT YEAR COVERING THE PERIOD FROM JANUARY 28, 2020 THROUGH DECEMBER 31, 2020. INSIDE TRACK, INC. MERGED INTO STRADA COLLABORATIVE, INC. AS OF OCTOBER 1, 2021. AS A RESULT, TAX YEAR 2021 WAS A SHORT YEAR COVERING THE PERIOD FROM JANUARY 1, 2021 THROUGH OCTOBER 1, 2021. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: INSIDE TRACK, INC. IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF STRADA EDUCATION NETWORK, INC. PER THE CONSOLIDATED FINANCIAL STATEMENTS, "STRADA ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES ON A MORE-LIKELY-THAN-NOT CRITERION BASED ON THE POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE WERE NO UNCERTAINTIES THAT REQUIRE RECOGNITION OR DISCLOSURE AS OF DECEMBER 31, 2021 OR 2020." X X X X X 1 1 0 0 0 0 0 0 0 THOMAS DAWSON BOARD MEMBER 0 323381 0 149825 0 98585 0 31100 0 42475 0 645366 0 0 LARRY LUTZ BOARD MEMBER 0 315961 0 145215 0 32022 0 31100 0 39725 0 564023 0 0 THOMAS R ERTEL TREASURER 0 260008 0 101140 0 23611 0 31100 0 16798 0 432657 0 0 PETER WHEELAN FORMER OFFICER 12500 0 162750 0 254522 0 500 0 0 0 430272 0 254522 0 RUTH WATKINS BOARD MEMBER (BEG 6/21/2021) 0 299802 0 50000 0 25237 0 11600 0 31410 0 418049 0 0 ERIN ROTH BOARD MEMBER (THRU 6/20/2021) 0 155934 0 144866 0 36478 0 30244 0 39654 0 407176 0 0 CHRISTINA CLARK SECRETARY 0 207385 0 49248 0 24617 0 26497 0 0 0 307747 0 0 RUTH WHITE PRESIDENT 177681 0 98681 0 933 0 11162 0 9719 0 298176 0 0 0 KAI DREKMEIER VICE PRESIDENT 158976 0 66200 0 911 0 9370 0 22727 0 258184 0 0 0 JOSEPH DONATO VP HUMAN RESOURCES 146563 0 69651 0 1121 0 7116 0 15443 0 239894 0 0 0 STEPHEN AST SVP PARTNER SUCCESS 156616 0 26200 0 760 0 7422 0 14765 0 205763 0 0 0 MICHAEL EMBRY AVP PARTNER SUCCESS 93333 0 76700 0 1057 0 4935 0 24174 0 200199 0 0 0 MEAGHAN JOYCE VP SOLUTIONS 127942 0 39389 0 650 0 6753 0 12486 0 187220 0 0 0 DAVID JARRAT SVP STRAT. ENG. & GROWTH 13625 0 74973 0 71799 0 545 0 0 0 160942 0 0 0 STERLING JAMES PARAMORE PRINCIPAL DATA ENGINEER 116250 0 30000 0 1765 0 6039 0 3750 0 157804 0 0 0 PART I, LINE 4A: UNDER A VOLUNTARY TERMINATION AGREEMENT ENTERED INTO BY THE EMPLOYEE AND THE ORGANIZATION OR UPON A QUALIFYING TERMINATION DEFINED AS AN INVOLUNTARY SEPARATION FROM SERVICE OTHER THAN FOR CAUSE, THE EMPLOYEE IS ENTITLED TO SEVERANCE PAY BASED UPON YEARS OF SERVICE. THE TERMS AND CONDITIONS TO RECEIVE SEVERANCE PAYMENTS REQUIRE THE EMPLOYEE TO SIGN A RELEASE OF CLAIMS FORM THAT COVERS ALL SITUATIONS SURROUNDING THE EMPLOYEE'S EMPLOYMENT AND SEPARATION FROM STRADA EDUCATION NETWORK, INC. A SEVERANCE PAYMENT WAS MADE DURING THE YEAR TO THE FOLLOWING LISTED PERSON(S) IN PART VII: PETER WHEELAN - $254,522 DAVID JARRAT - $71,650 PART I, LINE 4B: ELIGIBLE EMPLOYEES PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN UNDER CODE SECTION 457(F). ANY AMOUNTS ULTIMATELY PAID UNDER THE PLAN TO AN ELIGIBLE EMPLOYEE IS REPORTED AS COMPENSATION ON FORM 990, SCHEDULE J, PART II, COLUMN B IN THE YEAR PAID. NO PAYMENTS WERE MADE UNDER THE PLAN DURING CALENDAR YEAR 2021. TRANSFER OF ASSETS, LIABILITIES AND NET ASSETS TO STRADA COLLABORATIVE, INC. 2021-10-01 17392454 BOOK VALUE 861250084 STRADA COLLABORATIVE INC 10 WEST MARKET ST STE 1100 INDIANAPOLIS IN 46204 501(C)(3) 1 1 0 0 1 1 1 1 0 PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: ON OCTOBER 1, 2021, INSIDE TRACK, INC. MERGED INTO STRADA COLLABORATIVE, INC. THOMAS DAWSON, LARRY LUTZ, AND RUTH WATKINS WERE BOARD MEMBERS OF BOTH ENTITIES PRIOR TO THE MERGER AND CONTINUED TO BE BOARD MEMBERS OF STRADA COLLABORATIVE, INC. FOLLOWING THE MERGER.JOSEPH DONATO, KAI DREKMEIER, AND RUTH WHITE WERE EMPLOYEES OF INSIDE TRACK, INC. AND ARE NOW EMPLOYEES OF STRADA COLLABORATIVE, INC. FORM 990, PART VI, SECTION A, LINE 2 PERSONS LISTED IN PART VII MAY HAVE A "BUSINESS RELATIONSHIP" WITH EACH OTHER BY VIRTUE OF SITTING ON RELATED STRADA EDUCATION NETWORK, INC. BOARDS OR BY VIRTUE OF THEIR EMPLOYMENT WITH RELATED STRADA EDUCATION NETWORK, INC. ENTITIES. FORM 990, PART VI, SECTION A, LINE 6 STRADA EDUCATION NETWORK, INC. IS THE SOLE MEMBER OF INSIDE TRACK, INC. FORM 990, PART VI, SECTION A, LINE 7A STRADA EDUCATION NETWORK, INC. IS THE SOLE MEMBER OF INSIDE TRACK, INC. AS THE SOLE MEMBER, STRADA EDUCATION NETWORK, INC. HAS THE RIGHT TO (A) ELECT AND REMOVE THE MEMBERS OF THE BOARD OF TRUSTEES OF INSIDE TRACK, INC. AND (B) FILL ANY VACANCY OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B INSIDE TRACK, INC.'S SOLE MEMBER IS STRADA EDUCATION NETWORK, INC. WHICH SHALL HAVE THE RIGHTS AND DUTIES AS PROVIDED IN THE CORPORATION'S REGULATIONS. IN FURTHERANCE AND NOT IN LIMITATION OF POWERS CONFERRED BY LAW, THE MEMBER IS EXPRESSLY AUTHORIZED TO MAKE, ADOPT, ALTER, AMEND AND REPEAL, FROM TIME TO TIME, THE REGULATIONS OF THE CORPORATION. THE MEMBER SHALL ACT THROUGH ACTION TAKEN BY ITS BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DID NOT HAVE ANY COMMITTEES DURING THE TAX YEAR. FORM 990, PART VI, SECTION B, LINE 11B ON OCTOBER 1, 2021, THIS ENTITY WAS MERGED OUT OF EXISTENCE INTO STRADA COLLABORATIVE, INC. WHICH DISSOLVED THE EXISTING BOARD. ONCE THE FORM 990 IS PREPARED BY THE COMPANY, WITH ASSISTANCE FROM THE EXTERNAL TAX ACCOUNTING FIRM, THE FORM AND ALL APPLICABLE SCHEDULES ARE PROVIDED TO THE FULL BOARD OF STRADA COLLABORATIVE, INC. IN ADVANCE OF THE FORM BEING FILED WITH THE IRS, ALLOWING TIME FOR REVIEW AND COMMENT BY THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, A CONFLICT OF INTEREST AND DISCLOSURE QUESTIONNAIRE IS REQUIRED TO BE COMPLETED BY ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES. THE PURPOSE OF THE QUESTIONNAIRE IS TO SOLICIT INFORMATION ABOUT RELATIONSHIPS THAT MAY CONSTITUTE A POTENTIAL CONFLICT OF INTEREST. EACH MEMBER OF THE BOARD OF TRUSTEES SIGNS AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT THAT DISCLOSES ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS SET FORTH IN THE APPROVED CONFLICT OF INTEREST POLICY FOR TRUSTEES. THE DISCLOSURE STATEMENTS ARE REVIEWED BY THE BOARD OF TRUSTEES. WHEN ANY SUCH CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRING ACTION BY THE BOARD OF TRUSTEES OR ANY COMMITTEE, THE INTERESTED PERSON SHALL CALL IT TO THE ATTENTION OF THE CHAIR AND SUCH PERSON SHALL NOT VOTE ON THE MATTER. MOREOVER, THE PERSON HAVING THE CONFLICT SHALL LEAVE THE ROOM IN WHICH THE MEETING IS HELD AND NOT PARTICIPATE IN THE FINAL DELIBERATIONS OR DECISIONS REGARDING THE MATTER UNDER CONSIDERATION. A TRUSTEE SHALL ADVISE THE CHAIR IN WRITING OF ANY POTENTIAL CONFLICTS OF INTEREST WHICH ARISE AFTER SIGNING THE CONFLICT OF INTEREST DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT, WHICH RUNS A MARKET ANALYSIS FOR PURPOSES OF DETERMINING PAY AND SETTING BONUS PROGRAMS. THAT INFORMATION IS PROVIDED TO THE BOARD IN SETTING COMPENSATION AND BONUS PLANS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ANY DOCUMENT OPEN TO PUBLIC INSPECTION AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER OF ASSETS, LIABILITIES AND NET ASSETS TO STRADA COLLABORATIVE, INC -17,392,454. EDUCATION AT WORK INC 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 454035038 STUDENT EMPLOYEE OPPORTUNITIES OH 501(C)(3) 12B, II STRADA EDUCATION NETWORK INC 1 ROADTRIP NATION LTD 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 263889207 STUDENT ROADMAP DE 501(C)(3) 7 STRADA EDUCATION NETWORK INC 1 COUNCIL FOR ADULT AND EXPERIENTIAL LEARNING 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 132890752 ADULT LEARNERS DE 501(C)(3) 7 STRADA EDUCATION NETWORK INC 1 STRADA EDUCATION NETWORK INC 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 473044430 PARENT ORGANIZATION DE 501(C)(3) 12B, II N/A 0 STRADA IDAHO HOLDINGS INC 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 842914431 TITLE HOLDING COMPANY ID 501(C)(2) STRADA EDUCATION NETWORK INC 1 STRADA COLLABORATIVE INC 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 861250084 EDUCATIONAL SUPPORT SERVICES IN 501(C)(3) 7 STRADA EDUCATION NETWORK INC 1 ECONOMIC MODELING LLC 232 N ALMON ST MOSCOW ID 83843 271605272 DATA ANALYTICS SERVICES DE N/A 0 0 ROADTRIP PRODUCTIONS LTD 1626 PLACENTIA AVE COSTA MESA CA 92627 042615743 EDUCATION OUTREACH DE N/A C 1 STRADA SOLUTIONS INC 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 371897172 HOLDING COMPANY DE N/A C 1 ECONOMIC MODELING UK LIMITED 10 SARUM HILL BASINGSTOKE UK RG21 8SR DATA ANALYTICS SERVICES UK N/A C 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 STRADA EDUCATION NETWORK INC C 460000 FMV STRADA EDUCATION NETWORK INC O 386962 FMV STRADA SOLUTIONS INC Q 102474 FMV STRADA COLLABORATIVE INC R 17392454 BOOK VALUE STRADA EDUCATION NETWORK INC S 995371 FMV