2022-05-13T08:03:13-05:00 2021-06-30 990 2020-07-01 460807740 The Center for Reimagining Learning Inc CENT 6172532744 One Broadway 14th Floor Cambridge MA 02142 Peter Brau Treasurer 2022-05-13 Peter Brau 999009999 2020 2022-09-23 18:48:47Z X X Peter Brau One Broadway 14th Floor Cambridge MA 02142 97940162 false X X 2012 MA THE CENTER FOR REIMAGINING LEARNING, INC. MISSION IS TO EXPAND ACCESS TO EDUCATION AND BECOME A LEADING RESOURCE FOR LEARNERS AND LEARNING WORLDWIDE BY PROVIDING AND ENHANCING TEACHING AND LEARNING ON CAMPUS AND ONLINE THROUGH ADVANCED TECHNOLOGIES AND RESEARCH. 9 1 270 0 0 0 11438680 1858654 71803832 95332377 358959 4556 1091242 338720 84692713 97534307 5000 1150 0 0 39645820 44338822 0 0 988093 62193582 87573066 101844402 131913038 -17151689 -34378731 48485627 40596773 62450462 98497378 -13964835 -57900605 THE CENTER FOR REIMAGINING LEARNING, INC. MISSION IS TO EXPAND ACCESS TO EDUCATION AND BECOME A LEADING RESOURCE FOR LEARNERS AND LEARNING WORLDWIDE BY PROVIDING AND ENHANCING TEACHING AND LEARNING ON CAMPUS AND ONLINE THROUGH ADVANCED TECHNOLOGIES AND RESEARCH. false false 112159094 1150 95671097 THE CENTER FOR REIMAGINING LEARNING, INC.'S LARGEST PROGRAM SERVICE ACTIVITIES ARE TO DEVELOP A LEARNING PLATFORM AS OPEN SOURCE SOFTWARE AND TO HOST ITS PARTNERS COURSES ON THAT PLATFORM, IN ORDER TO PROVIDE HIGH QUALITY ONLINE EDUCATIONAL EXPERIENCES WORLDWIDE. TOTAL ENROLLMENTS WERE APPROXIMATELY 83 MILLION WITH OVER 4,103 ONLINE COURSES. 112159094 true true false false false false false false false true false false false true true true false false true true false false false false false false false false true false false false false false false false false false false false false true true false false false true 50 0 true 270 true false false false false false false false false false false false false X 9 1 true false false false true true true true true false false true true true true true true true true false MA X Peter Brau 6173247059 One Broadway 14th Floor Cambridge MA 02142 Anant Agarwal CEO 60.0 0 X X 917214 0 107286 Alan Garber Co-Chair 2.0 0 X 0 628236 197434 Alan Spoon Director 1.0 5.0 X 0 0 0 Bharat Anand Director 1.0 0 X 0 501028 37250 Glen Shor Director 1.0 60.0 X 0 503156 63870 Jeff Bussgang Director 1.0 0 X 0 87296 141 Katherine Lapp Director 1.0 0 X 0 724460 45963 Martin Schmidt Co-Chair 2.0 60.0 X 0 700892 82980 Sanjay Sarma Director 1.0 60.0 X 0 555245 93975 Adam Medros President 60.0 0 X 642803 0 68026 Nell Ma'luf Clerk 60.0 0 X 373489 0 44116 Peter Brau Treasurer 60.0 0 X 288543 0 66564 Jean-Philippe Beaudry VP, Engineering 60.0 0 X 439100 0 34520 Johannes Heinlein Chief Commercial Officer and SVP, Strategic Partnerships 60.0 0 X 491677 0 66407 Kathleen Pugh VP, Content and Partner Success 60.0 0 X 332020 0 67695 Lauren Holliday VP, Product 60.0 0 X 369828 0 59404 Michael Hebert Senior Director of People and Culture 60.0 0 X 275912 0 62622 Nina Huntemann VP, Learning 60.0 0 X 236704 0 25460 Stephanie Brocoum Chief Marketing Officer 60.0 0 X 437164 0 48956 Clive Wright VP, Sales and Client Success 60.0 0 X 311998 0 57032 Edward Batchelder Software Architect 60.0 0 X 299413 0 64945 Jack Drew II Director, Sales 60.0 0 X 303655 0 60124 Lee Rubenstein VP, Business Development 60.0 0 X 393491 0 57878 Trevor Bass Data Scientist and Architect 60.0 0 X 330259 0 51976 6443269 3700313 1464621 154 false true false ARBISOFT LLC 2035 CENTRAL CIRCLE 201 MCKINNEY TX 75069 TECHNOLOGY SERVICES 1817503 PSI SERVICES LLC 18000 W 105TH STREET OLATHE KS 66061 CAREER DEVELOPMENT SERVICES 339310 MATERIAL ADVANTAGE LLC 12 STEDMAN ROAD LEXINGTON MA 02421 EXECUTIVE CONSULTING SERVICES 244700 PRICEWATERHOUSECOOPERS LLP PO BOX 7247-8001 PHILADELPHIA PA 19170 ACCOUNTING SERVICES 166500 TINA BRONKHORST 3 METCALF ROAD WESTWOOD MA 02090 MARKETING RESEARCH SERVICES 127700 6 1858654 1858654 CERTIFICATES REVENUE 611710 86741598 86741598 TUITION REVENUE 611710 7687340 7687340 HOSTING & DEVELOPMENT REVENUE 611710 750000 750000 SUPPORTED COURSE REVENUE 611710 153439 153439 0 0 0 0 95332377 4556 4556 405855 405855 0 0 0 0 0 0 REFERRAL REVENUE 611710 191106 191106 SERVICES REVENUE 611710 84552 84552 EVENT REVENUE 611710 24945 24945 38117 38117 0 0 338720 97534307 95671097 0 4556 X 1150 1150 0 0 5507144 3889306 1124582 493256 29729125 22845855 6605813 277457 2504590 1883043 544476 77071 3783209 2847274 823281 112654 2814754 2161971 625128 27655 2444400 1896137 548263 916578 710996 205582 20711929 16066380 4645549 0 108310 84017 24293 4334789 3362525 972264 91541 71009 20532 46389844 46389844 2945251 2284651 660600 9620 7462 2158 75219 58348 16871 1244023 964997 279026 420034 325823 94211 125397 97271 28126 ADMIN FEES - MIT 695748 539696 156052 COURSE MATERIALS 524458 524458 VERIFICATION FEES 346666 268911 77755 PROCTORING FEES 342949 342949 5846310 4535021 1311289 0 131913038 112159094 18765851 988093 30855949 15194014 9614107 9741846 0 0 0 0 7210345 15092233 3726238 3157558 805226 568680 0 0 0 0 48485627 40596773 20291895 29900546 33071582 46866932 0 0 9086985 21729900 62450462 98497378 X -14311966 -58422392 347131 521787 -13964835 -57900605 48485627 40596773 -34378731 -9557039 0 X false true X true false X X 2 MASSACHUSETTS INSTITUTE OF TECHNOLOGY 042103594 2 true 0 0 PRESIDENT AND FELLOWS OF HARVARD COLLEGE 042103580 2 true 0 0 2 0 0 25749405 19770580 26946496 11438680 1858654 85763815 0 0 25749405 19770580 26946496 11438680 1858654 85763815 2025599 83738216 0 0 879613 760029 410411 2050053 0 0 0 0 0 0 0 0 0 0 0 0 87813868 285623457 0.9536 0.9766 X true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3726238 3157558 568680 568680 LINE OF CREDIT FROM AFFILIATES 20524937 LEASE LIABILITY 730027 DUE TO AFFILIATE 474936 21729900 X 51375662 405855 405855 50969807 46564500 46564500 97534307 85929049 405855 405855 85523194 46389844 46389844 131913038 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote FOR INCOME TAX PURPOSES THE COMPANY IS DESIGNATED AS A NOT FOR PROFIT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE COMPANY COMPLIES WITH AUTHORITATIVE GUIDANCE AND ACCOUNTING FOR AND DISCLOSURE OF UNCERTAINTY IN TAX POSITIONS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 GROSS RENTAL INCOME NETTED WITH RENTAL EXPENSES - 405855 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements SERVICE REVENUE NETTED WITH ROYALTY EXPENSES - 46389844 ADJUSTMENTS TO ASSETS WITH RESTRICTIONS AND WITHOUT RESTRICTIONS - 174656 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 RENTAL EXPENSES NETTED WITH GROSS RENTAL INCOME - 405855 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements ROYALTY EXPENSES NETTED WITH SERVICE REVENUES - 46389844 Central America and the Caribbean Program Services SERVICES 86139 East Asia and the Pacific Program Services SERVICES 2393132 Europe (Including Iceland and Greenland) Program Services SERVICES 4307527 Middle East and North Africa Program Services SERVICES 42292 North America (Canada & Mexico only) Program Services SERVICES 1022327 Russia and Neighboring States Program Services SERVICES 3167 South America Program Services SERVICES 392384 South Asia Program Services SERVICES 434797 Sub-Saharan Africa Program Services SERVICES 8642 0 0 0 0 0 0 8690407 0 8690407 false false false false false false X X X true false false true false true false true true true Anant Agarwal CEO 533001 0 344922 0 39291 0 51300 0 55986 0 1024500 0 0 0 Bharat Anand Director 0 408756 0 0 0 92272 0 35865 0 1385 0 538278 0 0 Alan Garber Co-Chair 0 623192 0 0 0 5044 0 35865 0 161569 0 825670 0 0 Katherine Lapp Director 0 643622 0 0 0 80838 0 35865 0 10098 0 770423 0 0 Sanjay Sarma Director 0 433710 0 0 0 121535 0 37050 0 56925 0 649219 0 0 Martin Schmidt Co-Chair 0 656028 0 0 0 44864 0 51300 0 31680 0 783872 0 0 Glen Shor Director 0 488885 0 0 0 14271 0 33704 0 30167 0 567026 0 0 Peter Brau Treasurer 211557 0 76985 0 0 0 33704 0 32861 0 355107 0 0 0 Nell Ma'luf Clerk 266907 0 97422 0 9160 0 33704 0 10412 0 417604 0 0 0 Adam Medros President 405545 0 213253 0 24005 0 33704 0 34323 0 710829 0 0 0 Jean-Philippe Beaudry VP, Engineering 329560 0 109462 0 79 0 27075 0 7445 0 473620 0 0 0 Stephanie Brocoum Chief Marketing Officer 334908 0 102256 0 0 0 27075 0 21881 0 486120 0 0 0 Michael Hebert Senior Director of People and Culture 221218 0 54694 0 0 0 30461 0 32161 0 338534 0 0 0 Johannes Heinlein Chief Commercial Officer and SVP, Strategic Partnerships 350931 0 126536 0 14210 0 33704 0 32703 0 558083 0 0 0 Lauren Holliday VP, Product 267954 0 100568 0 1306 0 30461 0 28943 0 429232 0 0 0 Nina Huntemann VP, Learning 193099 0 43604 0 0 0 15357 0 10103 0 262164 0 0 0 Kathleen Pugh VP, Content and Partner Success 243081 0 86369 0 2571 0 34784 0 32911 0 399715 0 0 0 Trevor Bass Data Scientist and Architect 222528 0 55789 0 51941 0 30461 0 21515 0 382234 0 0 0 Edward Batchelder Software Architect 223260 0 69658 0 6494 0 34784 0 30161 0 364358 0 0 0 Jack Drew II Director, Sales 241262 0 61400 0 993 0 30461 0 29663 0 363779 0 0 0 Lee Rubenstein VP, Business Development 286533 0 99210 0 7748 0 35865 0 22013 0 451369 0 0 0 Clive Wright VP, Sales and Client Success 241397 0 70522 0 79 0 27075 0 29957 0 369029 0 0 0 Schedule J, Part I, Line 4a Severance or change-of-control payment TREVOR BASS RECEIVED A PAYMENT OF $19,200 FROM THE CENTER FOR REIMAGINING LEARNING, INC. DURING CALENDAR YEAR 2020. Schedule J, Part I, Line 5a Compensation contingent on revenues of the organization BONUSES WERE DEPENDENT ON ORGANIZATION GOALS WITH REVENUE AND NET EARNINGS AS COMPONENTS. Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organization BONUSES WERE DEPENDENT ON ORGANIZATION GOALS WITH REVENUE AND NET EARNINGS AS COMPONENTS. Schedule J, Part I, Line 7 Non-fixed payments BONUSES MAY BE AWARDED FOR OUTSTANDING PERFORMANCE. Schedule J, Part I, Line 8 Payments on contract that is subject to the initial contract exception THE CHIEF MARKETING OFFICER AND VP, ENGINEERING WERE SERVING UNDER THEIR INITIAL CONTRACTS. Form 990, Part VI, Line 2 BUSINESS RELATIONSHIP FOR FISCAL YEAR 2021, THE FOLLOWING CURRENT OFFICERS/DIRECTORS OF THE CENTER FOR REIMAGINING LEARNING, INC. WERE EMPLOYED BY MIT, OF WHICH GLEN SHOR WAS A DIRECTOR: MARTIN SCHMIDT AND SANJAY SARMA. FOR FISCAL YEAR 2021, THE FOLLOWING CURRENT OFFICERS/DIRECTORS OF THE CENTER FOR REIMAGINING LEARNING, INC. WERE EMPLOYED BY HARVARD, OF WHICH KATHERINE LAPP WAS AN OFFICER AND DIRECTOR: BHARAT ANAND, JEFF BUSSGANG, AND ALAN GARBER. Form 990, Part VI, Line 15 COMPENSATION PROCESS THE CENTER FOR REIMAGINING LEARNING, INC. HAS A COMPENSATION COMMITTEE THAT REVIEWS THE SALARIES OF THE PRESIDENT, KEY EMPLOYEES AND OTHER OFFICERS. THE COMPENSATION REVIEW PROCESS INCLUDES INDUSTRY BENCHMARKING WITH BOTH ACADEMIC AND TECHNOLOGY SALARIES IN THE LOCAL AREA OF CAMBRIDGE, MA. Form 990, Part VI, Line 6 Classes of members or stockholders THE SOLE MEMBERS OF THE ORGANIZATION ARE THE PRESIDENT AND FELLOWS OF HARVARD COLLEGE (HARVARD) AND THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT). Form 990, Part VI, Line 7a Members or stockholders electing members of governing body AS SET FORTH IN THE BYLAWS, THE CENTER FOR REIMAGINING LEARNING, INC.'S GOVERNING BODY (BOARD OF TRUSTEES) IS COMPOSED OF AN EQUAL NUMBER OF PERSONS APPOINTED BY ITS TWO MEMBERS, HARVARD AND MIT (IN ADDITION TO THE CENTER FOR REIMAGINING LEARNING, INC. CEO WHO SERVES AS AN EX-OFFICIO MEMBER OF THE BOARD). Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders AS SET FORTH IN THE BYLAWS, THE FOLLOWING POWERS ARE RESERVED TO THE MEMBERS: (I) DETERMINATION OF THE SIZE OF THE BOARD OF TRUSTEES; (II) ELECTION, SUSPENSION, OR REMOVAL OF THE PRESIDENT AND, IF DIFFERENT, THE CHIEF EXECUTIVE OFFICER; AND (III) DETERMINATION OF WHETHER A THIRD PARTY'S EDUCATIONAL OR INFORMATIONAL CONTENT WILL BE MADE ACCESSIBLE THROUGH THE ORGANIZATION. Form 990, Part VI, Line 11b Review of form 990 by governing body MEMBERS OF THE CENTER FOR REIMAGINING LEARNING, INC.'S SENIOR MANAGEMENT REVIEW THE FORM 990. FOLLOWING THAT REVIEW AND BEFORE THE FORM 990 IS FILED, THE CENTER FOR REIMAGINING LEARNING, INC.'S AUDIT COMMITTEE IS PROVIDED THE FORM FOR REVIEW, COMMENT, AND APPROVAL. Form 990, Part VI, Line 12c Conflict of interest policy THE QUESTIONNAIRE AND POLICIES REQUIRE THAT COVERED INDIVIDUALS ANNUALLY ACKNOWLEDGE IN WRITING THAT THEY ARE AWARE OF THE POLICY AND IDENTIFY ANY RELATIONSHIPS OR RESPONSIBILITIES THAT HAVE THE POTENTIAL OF PRODUCING CONFLICTS OF INTEREST. EACH YEAR, DISCLOSURE FORMS ARE DISTRIBUTED TO THOSE COVERED BY THESE POLICIES. IF A RESPONSE REVEALS A CONFLICT OR POTENTIAL CONFLICT, SUCH CONFLICT IS REFERRED TO THE APPROPRIATE INDIVIDUAL OR BODY FOR CONSIDERATION AND MANAGEMENT. Form 990, Part VI, Line 19 Required documents available to the public THE CENTER FOR REIMAGINING LEARNING, INC.'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue ALL OTHER REVENUE - Total Revenue: 38117, Related or Exempt Function Revenue: 38117, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part IX, Column (D) FUNDRAISING THE ORGANIZATION RECEIVES GENEROUS DONATIONS TO SUPPORT THE MISSION AND ACTIVELY ENGAGES IN FUNDRAISING. Form 990, Part IX, Line 11g Other Fees ENGINEERING - Total Expense: 8222567, Program Service Expense: 6378300, Management and General Expenses: 1844267, Fundraising Expenses: ; MARKETING & BUSINESS DEVELOPMENT - Total Expense: 6700340, Program Service Expense: 5197498, Management and General Expenses: 1502842, Fundraising Expenses: ; HOSTING - Total Expense: 2793328, Program Service Expense: 2166803, Management and General Expenses: 626525, Fundraising Expenses: ; EDUCATIONAL SUPPORT SERVICES - Total Expense: 1230400, Program Service Expense: 954429, Management and General Expenses: 275971, Fundraising Expenses: ; OTHER - Total Expense: 815187, Program Service Expense: 632346, Management and General Expenses: 182841, Fundraising Expenses: ; TEMPORARY HELP - Total Expense: 723756, Program Service Expense: 561422, Management and General Expenses: 162334, Fundraising Expenses: ; RECRUITING - Total Expense: 226351, Program Service Expense: 175582, Management and General Expenses: 50769, Fundraising Expenses: ; Form 990, Part XI, Line 8 PRIOR PERIOD ADJUSTMENTS IN FISCAL YEAR 2021, THE CENTER FOR REIMAGINING LEARNING, INC. ADOPTED ACCOUNTING STANDARDS UPDATE ("ASU") NO. 2014-09, REVENUE FROM CONTRACTS WITH CUSTOMERS (TOPIC 606) AND ASU 2016-02, LEASES. THE CENTER FOR REIMAGINING LEARNING, INC. HAS APPLIED THE GUIDANCE USING THE CUMULATIVE TRANSITION APPROACH EFFECTIVE JULY 1, 2019. THESE ADOPTIONS WERE MADE RETROSPECTIVELY AND OUR FINANCIAL STATEMENTS NOW REFLECT THESE CHANGES. GENERAL FORM 990, PAGE 1, BOX C THE CENTER FOR REIMAGINING LEARNING, INC. WAS FORMERLY KNOWN AS EDX INC. CIRCUIT SUB LLC ONE BROADWAY 14TH FLOOR CAMBRIDGE MA 02142 871658544 HOLDING COMPANY DE 0 0 THE CENTER FOR REIMAGINING LEARNING INC MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASSACHUSETTS AVENUE NE49-3142 CAMBRIDGE MA 02139 042103594 EDUCATION MA 501(c)(3) 2 NA false HARVARD UNIVERSITY 1033 Massachusetts Avenue 2nd Floor Cambridge MA 02138 042103580 EDUCATION MA 501(c)(3) 2 NA false false false false false true false false false false false false false true false false false false false false