IBIS GROUP: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- IBIS GROUP (EIN 26-0876000)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-04
- IRS object ID
- 201943089349302114
- Schema version
- 2018v3.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-04T15:54:44-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9801 WASHINGTONIAN BLVD STE 500 | AddressLine1Txt |
| City | GAITHERSBURG | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20878 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 260876000 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREAT MINDS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GREA | BusinessNameControlTxt |
| Phone | 2022231854 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 M STREET SE NO 340 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20003 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LYNNE MUNSON | PersonNm |
| Person Title | PRESIDENT & EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2022231854 | PhoneNum |
| Signature | 2019-10-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM E TURCO CPA | PreparerPersonNm |
| PTIN | P00369217 | PTIN |
| Phone | 3012963600 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 66.98.98.133 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-10-31 | IPDt |
| IP Tm | 16:19:05 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 00BFBB601F26E6691F3C42FDB75EEBE807206D5E | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LYNNE MUNSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 M STREET SE NO 340 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $84,268,418 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | GREATMINDS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2007 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | GREAT MINDS SEEKS TO ENSURE THAT ALL STUDENTS, REGARDLESS OF THEIR CIRCUMSTANCE, RECEIVE A KNOWLEDGE-RICH EDUCATION IN THE FULL RANGE OF THE LIBERAL ARTS AND SCIENCES INCLUDING ENGLISH, MATHEMATICS, AND SCIENCE. WE WORK WITH TEACHERS AND SCHOLARS TO CREATE INSTRUCTIONAL MATERIALS, PROVIDE PROFESSIONAL DEVELOPMENT AND IMPLEMENTATION SERVICES, CONDUCT RESEARCH, AND PROMOTE POLICIES THAT SUPPORT A COMPREHENSIVE AND HIGH-QUALITY EDUCATION IN AMERICA'S SCHOOLS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 465 | TotalEmployeeCnt |
| Total Volunteers | 11 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $26,709 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $66,762,847 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $84,088,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | $11,840 | PYInvestmentIncomeAmt |
| CY Investment Income | $156,379 | CYInvestmentIncomeAmt |
| PY Other Revenue | $223,469 | PYOtherRevenueAmt |
| CY Other Revenue | $24,039 | CYOtherRevenueAmt |
| PY Total Revenue | $66,998,156 | PYTotalRevenueAmt |
| CY Total Revenue | $84,268,418 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $17,590 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $17,946,144 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $30,684,140 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $35,383,806 | PYOtherExpensesAmt |
| CY Other Expenses | $39,625,675 | CYOtherExpensesAmt |
| PY Total Expenses | $53,329,950 | PYTotalExpensesAmt |
| CY Total Expenses | $70,327,405 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $13,668,206 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $13,941,013 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $47,589,739 | TotalAssetsBOYAmt |
| Total Assets EOY | $59,403,965 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $17,195,014 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $15,068,227 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $30,394,725 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $44,335,738 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | AT GREAT MINDS, WE BELIEVE GREAT EDUCATION IS THE FOUNDATION OF A GREAT DEMOCRACY. WE BELIEVE THAT EVERY CHILD IS CAPABLE OF GREATNESS AND IT IS OUR MISSION TO HELP TEACHERS HELP CHILDREN ACHIEVE IT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $34,507,280 | ExpenseAmt |
| Grant | $15,916 | GrantAmt |
| Revenue | $76,084,755 | RevenueAmt |
| Desc | EUREKA MATH IS A PREK-12 CURRICULUM THAT HELPS STUDENTS TO UNDERSTAND MATH DEEPLY AND TO CONNECT IT TO THE REAL WORLD, PREPARING THEM TO SOLVE PROBLEMS THAT THEY HAVE NOT ENCOUNTERED BEFORE. THE TEAM OF TEACHERS AND MATHEMATICIANS BELIEVE THAT IT'S NOT ENOUGH FOR STUDENTS TO MEMORIZE A PROCESS FOR SOLVING A PROBLEM; THEY NEED TO KNOW WHY THAT PROCESS WORKS. EUREKA USES CLEAR MODELS AND PROVEN INSTRUCTIONAL METHODS TO HELP STUDENTS BECOME NOT JUST LITERATE, BUT FLUENT IN MATH. THE CURRICULUM IS AVAILABLE FREE OF CHARGE FOR USE BY ANY EDUCATOR ON OUR WEBSITE, GREATMINDS.ORG. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $7,942,391 | ExpenseAmt |
| Grant | $1,658 | GrantAmt |
| Revenue | $7,926,622 | RevenueAmt |
| Desc | WIT & WISDOM IS A K-8 HUMANITIES CURRICULUM BASED ON AUTHENTIC TEXTS OF THE HIGHEST QUALITY. STUDENTS USE THESE TEXTS AT EVERY TURN TO LEARN, AND EVENTUALLY MASTER ESSENTIAL READING, WRITING, SPEAKING, LISTENING, GRAMMAR, AND VOCABULARY SKILLS. INSTEAD OF BASALS, STUDENTS READ BOOKS THEY LOVE IN ORDER TO BUILD KNOWLEDGE OF IMPORTANT TOPICS AND MASTER LITERACY SKILLS. ALL STUDENTS READ AND DISCUSS GRADE-LEVEL TEXTS, WITH SUGGESTIONS FOR SUPPORT INCLUDED AT KEY MOMENTS THROUGHOUT EACH LESSON. GREAT MINDS HAS ALSO DEVELOPED GEODES, A SERIES OF READABLE TEXTS FOR GRADES K-2. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,748,223 | ExpenseAmt |
| Grant | $12 | GrantAmt |
| Revenue | $56,800 | RevenueAmt |
| Desc | GREAT MINDS BEGAN DEVELOPMENT OF A NEW SCIENCE CURRICULUM, INCLUDING DETERMINING MODULE CONTENT AND SEQUENCING, DEVELOPING LESSON PROTOTYPES, DETAILING CURRICULUM ARCHITECTURE, CREATING SAMPLE PROFESSIONAL DEVELOPMENT, AND MORE. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $6,771 | ExpenseAmt |
| Grant | $4 | GrantAmt |
| Revenue | $19,823 | RevenueAmt |
| Desc | OTHER PROGRAM EXPENSES | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $6,771 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $4 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $19,823 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $45,204,665 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 160 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 465 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | LA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TX | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUZANNE LISIEWSKI | PersonNm |
| Phone | 2026406067 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 M STREET SE SUITE 304 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20003 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| NELL MCANELLY | ||||||||
| CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $90,000 | $0 | $0 | ||
| MARIA NEIRA | ||||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM KELLY | ||||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CHI KIM | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PENNY GENNUSO | ||||||||
| TRUSTEE | 10.00 | Yes (X) | $0 | $0 | $0 | |||
| JASON GRIFFITHS | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PASCAL FORGIONE JR | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| KAREN LEFEVER | ||||||||
| TRUSTEE UNTIL 6/2018 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| TERESA CHANCE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVE FAN | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDREW CHEN | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LYNNE MUNSON | ||||||||
| PRESIDENT AND EXECUTIVE DIRECTOR | 40.00 | Yes (X) | Yes (X) | $564,746 | $0 | $40,087 | ||
| ANDREA PERSILY | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $288,391 | $0 | $13,750 | |||
| JOSEPH HEIDER | ||||||||
| COO UNTIL 7/2018 | 40.00 | Yes (X) | $467,144 | $0 | $37,088 | |||
| KEVIN SHANE | ||||||||
| CHIEF HUMAN RESOURCES OFFICER | 40.00 | Yes (X) | $247,136 | $0 | $28,249 | |||
| REBECCA LIKO | ||||||||
| DIRECTOR OF FINANCE | 40.00 | $240,917 | $0 | $24,131 | Yes (X) | |||
| JULIE HUSTON | ||||||||
| CHIEF SALES OFFICER | 40.00 | $304,724 | $0 | $36,896 | Yes (X) | |||
| RACHEL STACK | ||||||||
| CHIEF ACADEMIC OFFICER - HUMANITIES | 40.00 | $308,020 | $0 | $32,249 | Yes (X) | |||
| JILL DINIZ | ||||||||
| CHIEF ACADEMIC OFFICER - MATH | 40.00 | $303,356 | $0 | $36,697 | Yes (X) | |||
| DAVID BLAIR | ||||||||
| CHIEF BUSINESS OPERATIONS OFFICER | 40.00 | $266,350 | $0 | $36,159 | Yes (X) | |||
| JENNIFER LOFTIN | ||||||||
| ASSOCIATE DIRECTOR | 40.00 | $152,684 | $0 | $14,051 | Yes (X) | |||
| ANDREW GOLDMAN | ||||||||
| CHIEF STRATEGY OFFICER UNTIL 11/2018 | 40.00 | $260,221 | $0 | $15,597 | Yes (X) | |||
| SHANE LENNON | ||||||||
| CHIEF MARKETING OFFICER UNTIL 5/2018 | 40.00 | $170,327 | $0 | $7,964 | Yes (X) | |||
| ANGELA COX | ||||||||
| SENIOR SALES OPERATIONS MANAGER | 40.00 | $126,717 | $0 | $14,004 | Yes (X) | |||
| LORI CHANEY | ||||||||
| EAST REGIONAL SALES MANAGER | 40.00 | $175,887 | $0 | $26,287 | Yes (X) | |||
| PAMELA GOODNER | ||||||||
| CHIEF ACADEMIC OFFICER - SCIENCE | 40.00 | $175,015 | $0 | $16,511 | Yes (X) | |||
| LORRAINE GRIFFITH | ||||||||
| SR. CONTENT ARCHITECT, HUMANITIES | 40.00 | $144,930 | $0 | $30,760 | Yes (X) | |||
| COLLEEN BURNS | ||||||||
| WEST REGIONAL SALES DIRECTOR | 40.00 | $153,823 | $0 | $16,112 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,440,388 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $426,592 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 108 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| THINK SYSTEMS INC | |||||
| PO BOX 338 | KINGSVILLE | MD | 21087 | CONSULTING SERVICES | $387,413 |
| RHETT O MILLSAPS II | |||||
| 500 W 30TH ST APT PH 4F | NEW YORK | NY | 10001 | LEGAL CONSULTANT | $370,053 |
| VESTAR CONSULTING LLC | |||||
| 1732 1ST AVE 20430 | NEW YORK | NY | 10128 | CONSULTING SERVICES | $320,857 |
| SIMPSON THACHER AND BARTLETT LLP | |||||
| PO BOX 29008 | NEW YORK | NY | 10087 | LEGAL CONSULTANT | $291,960 |
| PARTNERD GROUP LLC | |||||
| PO BOX 651074 | STERLING | VA | 201651074 | IT CONSULTANT | $242,533 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 16 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| DIRECT SALES OF BOOKS | 900099 | $68,608,782 | $68,608,782 |
| PROFESSIONAL DEVELOPME | 900099 | $8,058,641 | $8,058,641 |
| DIGITAL INCOME | 900099 | $4,587,252 | $4,587,252 |
| ROYALTY INCOME | 900099 | $2,833,325 | $2,833,325 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $84,088,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $156,379 | TotalRevenueColumnAmt |
| Exclusion | $156,379 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $24,039 | TotalRevenueColumnAmt |
| Exclusion | $24,039 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $24,039 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $84,268,418 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $84,088,000 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $180,418 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,590 | TotalAmt |
| Program Services | $17,590 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,939,139 | TotalAmt |
| Program Services | $1,965,515 | ProgramServicesAmt |
| Management And General | $1,973,624 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,706,334 | TotalAmt |
| Program Services | $10,830,826 | ProgramServicesAmt |
| Management And General | $10,875,508 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $734,572 | TotalAmt |
| Program Services | $366,530 | ProgramServicesAmt |
| Management And General | $368,042 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,210,822 | TotalAmt |
| Program Services | $1,103,135 | ProgramServicesAmt |
| Management And General | $1,107,687 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,093,273 | TotalAmt |
| Program Services | $998,797 | ProgramServicesAmt |
| Management And General | $1,094,476 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $975,506 | TotalAmt |
| Program Services | $313,116 | ProgramServicesAmt |
| Management And General | $662,390 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,565 | TotalAmt |
| Program Services | $21,366 | ProgramServicesAmt |
| Management And General | $45,199 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,598,184 | TotalAmt |
| Program Services | $3,409,671 | ProgramServicesAmt |
| Management And General | $2,188,513 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $481,080 | TotalAmt |
| Program Services | $278,660 | ProgramServicesAmt |
| Management And General | $202,420 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,339,684 | TotalAmt |
| Program Services | $344,327 | ProgramServicesAmt |
| Management And General | $1,995,357 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $682,597 | TotalAmt |
| Program Services | $49,437 | ProgramServicesAmt |
| Management And General | $633,160 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $473,882 | TotalAmt |
| Management And General | $473,882 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,342,352 | TotalAmt |
| Program Services | $2,112,687 | ProgramServicesAmt |
| Management And General | $1,229,665 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,453,643 | TotalAmt |
| Program Services | $2,221,638 | ProgramServicesAmt |
| Management And General | $232,005 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,692 | TotalAmt |
| Program Services | $7,504 | ProgramServicesAmt |
| Management And General | $16,188 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $234,967 | TotalAmt |
| Management And General | $234,967 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,938 | TotalAmt |
| Program Services | $1,350 | ProgramServicesAmt |
| Management And General | $42,588 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| FULFILLMENT | $21,104,812 | $21,104,812 | |
| BAD DEBT | $1,624,291 | $538 | $1,623,753 |
| TRANSACTION & BANK FEES | $180,482 | $57,166 | $123,316 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,327,405 | TotalAmt |
| Program Services | $45,204,665 | ProgramServicesAmt |
| Management And General | $25,122,740 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,175,244 | BOYAmt |
| EOY | $39,790,675 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,333 | BOYAmt |
| EOY | $101,140 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,492,241 | BOYAmt |
| EOY | $10,671,897 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,022,212 | BOYAmt |
| EOY | $7,200,209 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,246 | BOYAmt |
| EOY | $525,730 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,302,926 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $531,760 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $298,489 | BOYAmt |
| EOY | $771,166 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $196,795 | BOYAmt |
| EOY | $301,009 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,179 | BOYAmt |
| EOY | $42,139 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,589,739 | BOYAmt |
| EOY | $59,403,965 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,599,476 | BOYAmt |
| EOY | $9,284,047 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,511,159 | BOYAmt |
| EOY | $5,696,668 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,977,817 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,562 | BOYAmt |
| EOY | $87,512 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,195,014 | BOYAmt |
| EOY | $15,068,227 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,394,725 | BOYAmt |
| EOY | $44,335,738 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,394,725 | BOYAmt |
| EOY | $44,335,738 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,589,739 | BOYAmt |
| EOY | $59,403,965 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $13,941,013 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,716,653 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,450,528 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $100,000 | CurrentTaxYearMinus2YearsAmt |
| Total | $7,267,181 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,716,653 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,450,528 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $100,000 | CurrentTaxYearMinus2YearsAmt |
| Total | $7,267,181 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $7,267,181 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,755 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,403 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,357 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,840 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $156,379 | CurrentTaxYearAmt |
| Total | $182,734 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $7,449,915 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $172,486,231 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.97550 | PublicSupportCY170Pct |
| Public Support PY170 | 0.95580 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $752,279 | OtherCostOrOtherBasisAmt |
| Depreciation | $348,797 | DepreciationAmt |
| Book Value | $403,482 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $550,647 | OtherCostOrOtherBasisAmt |
| Depreciation | $182,963 | DepreciationAmt |
| Book Value | $367,684 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $771,166 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED LEASE | Desc |
| Amt | $87,512 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $87,512 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $84,268,418 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $84,268,418 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $84,268,418 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $70,327,405 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $70,327,405 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $70,327,405 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS SUBJECT TO TAXATION ON NET UNRELATED BUSINESS INCOME. DURING THE TAX YEARS ENDED DECEMBER 31, 2018 AND 2017, THE ORGANIZATION HAD NO NET UNRELATED BUSINESS INCOME. THE LLC IS A SINGLE-MEMBER LLC, AND AS SUCH, IS A DISREGARDED ENTITY FOR FEDERAL INCOME TAX PURPOSES PURSUANT TO SECTION 7701 OF THE CODE. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL ALLIANCE FOR PUBLIC CHARTER SCHOOLS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 15TH NW STE 1010 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 200055002 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 300274709 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $16,640 | CashGrantAmt |
| Purpose Of Grant | SPONSORSHIPS | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LYNNE MUNSON | ||||||||||||||
| PRESIDENT AND EXECUTIVE DIRECTOR | $422,366 | $0 | $120,000 | $0 | $22,380 | $0 | $13,750 | $0 | $27,972 | $0 | $606,468 | $0 | $0 | $0 |
| ANDREA PERSILY | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $195,891 | $0 | $92,500 | $0 | $0 | $0 | $13,750 | $0 | $406 | $0 | $302,547 | $0 | $0 | $0 |
| JOSEPH HEIDER | ||||||||||||||
| COO UNTIL 7/2018 | $211,444 | $0 | $95,700 | $0 | $160,000 | $0 | $13,750 | $0 | $23,744 | $0 | $504,638 | $0 | $0 | $0 |
| KEVIN SHANE | ||||||||||||||
| CHIEF HUMAN RESOURCES OFFICER | $197,636 | $0 | $49,500 | $0 | $0 | $0 | $12,569 | $0 | $16,315 | $0 | $276,020 | $0 | $0 | $0 |
| REBECCA LIKO | ||||||||||||||
| DIRECTOR OF FINANCE | $189,917 | $0 | $51,000 | $0 | $0 | $0 | $12,404 | $0 | $14,275 | $0 | $267,596 | $0 | $0 | $0 |
| JULIE HUSTON | ||||||||||||||
| CHIEF SALES OFFICER | $240,724 | $0 | $64,000 | $0 | $0 | $0 | $13,750 | $0 | $23,781 | $0 | $342,255 | $0 | $0 | $0 |
| RACHEL STACK | ||||||||||||||
| CHIEF ACADEMIC OFFICER - HUMANITIES | $243,270 | $0 | $64,750 | $0 | $0 | $0 | $9,774 | $0 | $23,346 | $0 | $341,140 | $0 | $0 | $0 |
| JILL DINIZ | ||||||||||||||
| CHIEF ACADEMIC OFFICER - MATH | $245,756 | $0 | $57,600 | $0 | $0 | $0 | $13,750 | $0 | $23,582 | $0 | $340,688 | $0 | $0 | $0 |
| DAVID BLAIR | ||||||||||||||
| CHIEF BUSINESS OPERATIONS OFFICER | $229,600 | $0 | $36,750 | $0 | $0 | $0 | $13,587 | $0 | $23,656 | $0 | $303,593 | $0 | $0 | $0 |
| JENNIFER LOFTIN | ||||||||||||||
| ASSOCIATE DIRECTOR | $134,099 | $0 | $18,585 | $0 | $0 | $0 | $7,697 | $0 | $6,981 | $0 | $167,362 | $0 | $0 | $0 |
| ANDREW GOLDMAN | ||||||||||||||
| CHIEF STRATEGY OFFICER UNTIL 11/2018 | $236,471 | $0 | $23,750 | $0 | $0 | $0 | $13,134 | $0 | $3,483 | $0 | $276,838 | $0 | $0 | $0 |
| SHANE LENNON | ||||||||||||||
| CHIEF MARKETING OFFICER UNTIL 5/2018 | $83,403 | $0 | $30,001 | $0 | $56,923 | $0 | $0 | $0 | $8,219 | $0 | $178,546 | $0 | $0 | $0 |
| LORI CHANEY | ||||||||||||||
| EAST REGIONAL SALES MANAGER | $167,687 | $0 | $8,200 | $0 | $0 | $0 | $9,063 | $0 | $17,829 | $0 | $202,779 | $0 | $0 | $0 |
| PAMELA GOODNER | ||||||||||||||
| CHIEF ACADEMIC OFFICER - SCIENCE | $141,015 | $0 | $34,000 | $0 | $0 | $0 | $8,825 | $0 | $9,013 | $0 | $192,853 | $0 | $0 | $0 |
| LORRAINE GRIFFITH | ||||||||||||||
| SR. CONTENT ARCHITECT, HUMANITIES | $123,195 | $0 | $21,735 | $0 | $0 | $0 | $7,521 | $0 | $24,368 | $0 | $176,819 | $0 | $0 | $0 |
| COLLEEN BURNS | ||||||||||||||
| WEST REGIONAL SALES DIRECTOR | $153,823 | $0 | $0 | $0 | $0 | $0 | $7,782 | $0 | $8,836 | $0 | $170,441 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE PRESIDENT AND EXECUTIVE DIRECTOR BENEFITED FROM A TAX GROSS-UP PAYMENT RELATED TO THE PROVISION OF LIFE INSURANCE BENEFITS. |
| PART I, LINE 4A | THE FOLLOWING PERSONS RECEIVED SEVERANCE PAYMENTS: JOSEPH HEIDER $160,000 SHANE LENNON $ 56,923 |
| PART I, LINE 7 | THE SHORT TERM BONUS MOST EMPLOYEES ARE UNDER IS DISCRETIONARY AND PERFORMANCE BASED. THE EXECUTIVE LEVEL, WHICH IS OUR SENIOR MANAGEMENT, HAS 50% TIED TO COMPANY PERFORMANCE MEASURES OF REVENUE AND NET CONTRIBUTION, AND 50% TIED TO DISCRETIONARY MISSION OBJECTIVES. THE PRESIDENT AND EXECUTIVE DIRECTOR'S BONUS IS RECOMMENDED BY THE COMPENSATION COMMITTEE OF THE BOARD AND APPROVED BY THE BOARD. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RUSSEL EDWARD SIX PHD | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | FAMILY MEMBER OF LYNNE MUNSON, PRESIDENT AND EXECUTIVE DIRECTOR | RelationshipDescriptionTxt |
| Transaction | $63,000 | TransactionAmt |
| Transaction | CONSULTING | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE AUDIT AND FINANCE COMMITTEE REVIEW AND APPROVE A DRAFT OF THE 990. THE GOVERNING BODY IS PROVIDED WITH A COPY OF THE 990 VIA ELECTRONIC TRANSMITTAL PRIOR TO SUBMISSION OF THE FORM TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | 4A. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON DISCLOSES THE EXISTENCE OF THE FINANCIAL INTEREST AND IS GIVEN AN OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF THE COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER DISCUSSION WITH THE INTERESTED PERSON, HE/SHE LEAVES THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. VIOLATION OF THE CONFLICTS OF INTEREST POLICY: 4B. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT INFORMS THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORDS THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. 4C. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCE, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT TAKES APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PROCESS FOR DETERMINING THE EXECUTIVE DIRECTOR'S COMPENSATION AS WELL AS OTHER KEY MEMBERS OF MANAGEMENT INCLUDES THE USE OF COMPARABLE DATA, COMPENSATION COMMITTEE DELIBERATIONS AND RECOMMENDATIONS, BOARD APPROVAL AND DOCUMENTATION IN BOARD MINUTES. THE COMPENSATION COMMITTEE IS A SUBSET OF THE MEMBERS OF THE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR'S AS WELL AS SENIOR MANAGEMENTS' 2018 COMPENSATION WAS BASED ON AN ASSESSMENT BY AN INDEPENDENT CONSULTANT FROM PRICE WATERHOUSE COOPERS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES THE LATEST VERSION OF ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST . |
| FORM 990, PART VI, LINE 1A | THE TOTAL NUMBER OF VOTING BOARD MEMBERS AS OF 12/31/2018 WAS 11. DURING THE YEAR, 12 PERSONS IN TOTAL SERVED ON THE BOARD OF THE ORGANIZATION. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREAT MINDS LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 M STREET SE | AddressLine1Txt |
| City | WASTINGTON DC | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 371841659 | EIN |
| Primary Activities | TO SUPPORT THE OPERATIONS OF GREAT MINDS | PrimaryActivitiesTxt |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Total Income | $84,268,418 | TotalIncomeAmt |
| End Of Year Assets | $59,403,965 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREAT MINDS | BusinessNameLine1Txt |
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