KNOWLEDGEWORKS FOUNDATION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- KNOWLEDGEWORKS FOUNDATION (EIN 31-1321973)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-08
- IRS object ID
- 201511289349301851
- Schema version
- 2013v4.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-08T12:50:43-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Deloitte Tax LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 East Fifth Street Suite 1900 | AddressLine1 |
| City | Cincinnati | City |
| State | OH | State |
| ZIP Code | 45202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311321973 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KnowledgeWorks Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KNOW | BusinessNameControlTxt |
| Phone | 5139294777 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One West Fourth Street No 200 | AddressLine1 |
| City | Cincinnati | City |
| State | OH | State |
| ZIP Code | 452023634 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Holly A Brinkman | PersonNm |
| Person Title | Vice President & CFO | PersonTitleTxt |
| Phone | 5139294777 | PhoneNum |
| Signature | 2015-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rebecca Lyons | PreparerPersonNm |
| PTIN | P01487105 | PTIN |
| Phone | 5137847100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Judith A Peppler | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One West Fourth Street No 200 | AddressLine1 |
| City | Cincinnati | City |
| State | OH | State |
| ZIP Code | 452023634 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $21,302,201 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | http://knowledgeworks.org/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1991 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | Create sustainable improvement in student readiness for college and careers. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 154 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,460,775 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,645,802 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $19,928,001 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $15,375,892 | CYProgramServiceRevenueAmt |
| PY Investment Income | $338 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,181 | CYInvestmentIncomeAmt |
| PY Other Revenue | $722,947 | PYOtherRevenueAmt |
| CY Other Revenue | $275,326 | CYOtherRevenueAmt |
| PY Total Revenue | $24,112,061 | PYTotalRevenueAmt |
| CY Total Revenue | $21,302,201 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $621,622 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $913,842 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $16,195,684 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $15,429,220 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $157,346 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,526,509 | PYOtherExpensesAmt |
| CY Other Expenses | $14,638,440 | CYOtherExpensesAmt |
| PY Total Expenses | $35,343,815 | PYTotalExpensesAmt |
| CY Total Expenses | $30,981,502 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$11,231,754 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$9,679,301 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $151,983,301 | TotalAssetsBOYAmt |
| Total Assets EOY | $68,738,117 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $137,033,370 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $61,558,783 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $14,949,931 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $7,179,334 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | KnowledgeWorks' mission is to create sustainable improvement in student readiness for college and careers. By offering a portfolio of innovative education approaches and advancing aligned policies, KnowledgeWorks Foundation seeks to activate and develop the capacity of communities and educators to build and sustain vibrant learning ecosystems that allow each student to thrive. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,600,960 | ExpenseAmt |
| Grant | $500 | GrantAmt |
| Revenue | $1,892,551 | RevenueAmt |
| Desc | EdWorks, LLCEdWorks' footprint expanded in FY2014, as several of its initiatives received national attention. The Akron Early College High School was awarded the Blue Ribbon School designation by the U.S. Department of Education and is among the top 10 high schools in Ohio. Reynoldsburg City Schools, an EdWorks partner since 2009, was recognized by the White House in early 2014 for its district-level innovation. One New York location, P-TECH, has been cited as an exemplary school by President Barack Obama. Another EDWorks site, Frederick Douglass High School in Baltimore, was touted as exemplar in the federal School Improvement Initiative Grant by the Assistant Secretary in the Office of Elementary and Secondary Education at the U.S. Department of Education.An FY14 evaluation of the Smart Scholars initiative conducted by the National Center for Restructuring Education, Schools and Teaching (NCREST) confirmed strong outcomes for the nearly 5,000 students enrolled in the 23 Smart Scholars Early College sites. The mean graduation rate in these Smart Scholar schools is 84%, compared to 67% in their home districts. Three of the Smart Scholar schools had graduation rates of 100%; two more had rates of 92% and 96%. Further, by the time they graduated from high school, some students had earned an average of 51 college credits.EdWorks launched an aggressive technical assistance effort in Birmingham, Alabama, called the Woodlawn Innovation Network (WIN). The initiative is a partnership between Birmingham City Schools and the Woodlawn Foundation. The partnership earned an innovation waiver from the state that supports the re-invention of teaching, learning and student outcomes in a five-school feeder pattern - two elementary schools, a K-8 school, a middle school and high school. EdWorks is assisting in the conversion of the K-8 grades to STEAM (Science, Technology, Engineering, Arts and Mathematics)-focused academies. The high school is being converted to two Early College Academies, in partnership with the University of Alabama at Birmingham and Lawson State Community College. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $11,534,060 | ExpenseAmt |
| Grant | $98,400 | GrantAmt |
| Revenue | $8,319,560 | RevenueAmt |
| Desc | New Technology Network, LLC (NTN)The New Tech design is a blueprint, accompanied by a set of core beliefs, tools, and strategies to help each school fulfill its purpose. New Tech design principles provide for an instructional approach centered on project-based learning, a culture that empowers students and teachers, and integrated use of technology in the classroom. Through extensive professional development, personalized coaching and access to Echo, a learning management system, NTN empowers principals, teachers, and students to develop compelling, relevant and meaningful learning communities. As of fiscal year-end, NTN's school portfolio included 158 schools in 2 countries, 26 states across the USA, representing over 42,000 students and 2,800 teachers. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,407,762 | ExpenseAmt |
| Grant | $484,600 | GrantAmt |
| Revenue | $1,208,252 | RevenueAmt |
| Desc | StriveTogether, LLCStriveTogether convenes a national network of 55 cradle to career collective impact partnerships spanning 28 states and the District of Columbia. In total, these partnerships and the more than 8,000 organizations involved in them serve approximately 5.5 million children. The StriveTogether Theory of Action was established as a set of quality benchmarks for building cradle to career collective impact partnerships and has been used to help guide partnerships toward achieving sustained systems change and improvement in student outcomes. StriveTogether provides strategic assistance to communities interested in building cradle to career partnerships using the Theory of Action as a roadmap for systemic education improvement. StriveTogether also provides support to its network of communities through webinars, facilitation of an online resource portal and the development and deployment of interactive toolkits. StriveTogether has contributed to thought leadership related to collective impact through publishing numerous articles, reports and blogs. In FY14 StriveTogether hosted five convenings to bring partners together to share lessons and develop new knowledge for the field. In addition, StriveTogether's Theory of Action is being adapted for use to guide quality collective impact in sectors outside of education.In FY2014, StrivePartnership's accomplishments toward its mission of improving academic outcomes for students, cradle to career included: Building momentum in outreach and public will to support the Cincinnati Preschool Promise - a transformative initiative that would provide access to two years of high quality preschool for every child in Cincinnati. More than 60 events have been held and more than 3,000 people have signed a pledge of support. Working with partners, we have also made advances toward finalizing a long-term funding source and designing operational and implementation plans. Development of a plan with Cincinnati Children's Hospital Medical Center and StriveTogether to launch a long-term partnership aimed at building a high-impact community-wide continuous improvement training series that will dramatically improve developmental and academic outcomes for students. The training will integrate proven practices with Children's Hospital, the Annie E. Casey Foundation's Adaptive Leadership training, and our Collective Impact expertise. It will be offered locally and nationally with the potential to be "best in class" for quality collective impact. The training series is expected to begin in 2015.Doubling the usage of Learning Partner Dashboard among resource coordinators in Cincinnati Public Schools from about 45% to more than 97% over 6 months, using a rigorous continuous improvement process. Launch of a new venture philanthropy fund focused on investing in practices that are proven to impact early grade-level reading success and have a high likelihood of finding a public sector partner to take over the investment to ensure sustainable funding. The fund, Every Child Capital, is housed at The Greater Cincinnati Foundation. Launch of a new collaborative, the Persistence Project, with funding from Lumina Foundation, to focus on improving postsecondary retention and completion rates throughout our region. Continuing to build momentum with Be the Change, a volunteer tutor recruitment initiative in partnership with United Way of Greater Cincinnati and Cincinnati Public Schools. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,873,961 | ExpenseAmt |
| Grant | $330,342 | GrantAmt |
| Revenue | $4,194,850 | RevenueAmt |
| Desc | Included in the other program services are National Advocacy & Strategic Foresight, Grantmaking and Student Lending, described below. - National Advocacy & Strategic Foresight - From July 2013 to June 2014, KnowledgeWorks worked closely with policymakers, national organizations, and other education stakeholders to drive demand for radically personalized learning. Throughout the year, KnowledgeWorks worked deeply with several state departments of education; including our home state of Ohio, Alabama, and others; on aligning strategies and funding behind each state's school improvement goals. At the federal level, KnowledgeWorks helped lead an advocacy campaign to encourage federal policymakers to invest in next generation high school models. KnowledgeWorks also engaged federal policymakers and partner organizations on the shift to a competency-based education system including transforming the nation's accountability, assessment, supports and interventions, and data systems policies. Included in these efforts was a convening of competency-based thought leaders in Dallas, Texas to evaluate the barriers to that shift and explore policy solutions that will provide competency-based practitioners with the flexibility to innovate. In addition, KnowledgeWorks released an infographic on the future of learning along with two papers exploring future scenarios, one for the learning ecosystem as a whole and the other on the future of teaching. KnowledgeWorks used these strategic foresight publications, along with Forecast 3.0, to encourage education stakeholders to create and pursue visions for a future learning ecosystem that is vibrant for all learners. We shared this work at 20 events around the country and distributed approximately 16,620 copies of our strategic foresight publications. - The Grant making program provided approximately $914,000 of grant funding to 65 organizations. - KnowledgeWorks served approximately 5,200 students during the fiscal year through its student lending programs. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $5,873,961 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $330,342 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $4,194,850 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $25,416,743 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | 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 | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | 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 | 0 | 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 | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 204 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 154 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | 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 | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| 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 | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Holly A Brinkman | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5139291141 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One West Fourth Street Suite 200 | AddressLine1 |
| City | Cincinnati | City |
| State | OH | State |
| ZIP Code | 452023634 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| John E Dean Esq | ||||||||||
| Chair | 2.00 | 1.00 | Yes (X) | $0 | $0 | $15,100 | ||||
| Dr Jacquelyn M Belcher | ||||||||||
| Vice Chair | 2.00 | 0.00 | Yes (X) | $12,700 | $0 | $0 | ||||
| Chad P Wick | ||||||||||
| Treasurer | 19.00 | 3.00 | Yes (X) | $194,217 | $0 | $13,333 | ||||
| Dr Sherrill Cleland | ||||||||||
| Director | 2.00 | 1.00 | Yes (X) | $11,500 | $0 | $500 | ||||
| Hon Nathaniel R Jones | ||||||||||
| Director | 2.00 | 0.00 | Yes (X) | $10,500 | $0 | $0 | ||||
| Lucie Lapovsky | ||||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $12,700 | ||||
| Steven Minter | ||||||||||
| Director | 2.00 | 0.00 | Yes (X) | $14,400 | $0 | $0 | ||||
| Richard W Riley Esq | ||||||||||
| Director | 2.00 | 0.00 | Yes (X) | $10,000 | $0 | $0 | ||||
| Eileen Rudden | ||||||||||
| Director | 2.00 | 0.00 | Yes (X) | $12,500 | $0 | $0 | ||||
| Barry Schuler | ||||||||||
| Director | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Joseph P Tomain Esq | ||||||||||
| Director | 2.00 | 3.00 | Yes (X) | $10,800 | $0 | $17,500 | ||||
| Timothy Tuff | ||||||||||
| Director | 12.00 | 0.00 | Yes (X) | $119,269 | $0 | $500 | ||||
| Judith A Peppler start 0713 | ||||||||||
| President & CEO | 37.00 | 3.00 | Yes (X) | $169,042 | $0 | $20,581 | Yes (X) | |||
| Douglas Thomson Sch O | ||||||||||
| Secretary | 2.00 | 1.00 | $0 | $0 | $0 | Yes (X) | ||||
| William L McNeese | ||||||||||
| Senior VP & CFO | 33.00 | 7.00 | $241,772 | $0 | $58,858 | Yes (X) | ||||
| Catherine Allshouse | ||||||||||
| Chief Information Officer | 40.00 | 0.00 | $202,600 | $0 | $51,250 | Yes (X) | ||||
| Holly A Brinkman | ||||||||||
| VP & Controller | 37.00 | 3.00 | $181,299 | $0 | $53,481 | Yes (X) | ||||
| Meredith Meyer | ||||||||||
| VP Strategic Planning | 40.00 | 0.00 | $179,498 | $0 | $58,518 | Yes (X) | ||||
| Harold Brown | ||||||||||
| President EdWorks | 40.00 | 0.00 | $207,683 | $0 | $57,931 | Yes (X) | ||||
| Lydia Dobyns | ||||||||||
| President New Tech | 40.00 | 0.00 | $247,481 | $0 | $30,408 | Yes (X) | ||||
| Jeff Edmondson | ||||||||||
| Managing Director Strive | 40.00 | 0.00 | $187,881 | $0 | $51,223 | Yes (X) | ||||
| Jim Osborn | ||||||||||
| Nat'l Dir EdWorks | 40.00 | 0.00 | $147,138 | $0 | $8,059 | Yes (X) | ||||
| Matt Godsted | ||||||||||
| Director Technology | 40.00 | 0.00 | $173,238 | $0 | $49,812 | Yes (X) | ||||
| Matthew Williams | ||||||||||
| VP Policy & Advocacy | 40.00 | 0.00 | $153,334 | $0 | $46,460 | Yes (X) | ||||
| Rick Lear | ||||||||||
| Sr. Dir NTN Sch Design | 40.00 | 0.00 | $155,163 | $0 | $30,067 | Yes (X) | ||||
| Andrew Benson | ||||||||||
| VP Ohio Educ. Matters | 40.00 | 0.00 | $216,711 | $0 | $18,207 | Yes (X) | ||||
| Brian Ross | ||||||||||
| Former President & CEO (end 12/12) | 0.00 | 0.00 | $402,240 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,260,966 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $594,488 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 32 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Kohne O'Neill LLC | |||||
| 8160 Corporate Park Drive | Cincinnati | OH | 45242 | Student Lending Consultants | $840,000 |
| Frost Brown Todd LLC | |||||
| 301 E 4th Street | Cincinnati | OH | 45201 | Legal Services | $585,005 |
| Cardinal Solutions Group | |||||
| 7755 Montgomery Road Suite 510 | Cincinnati | OH | 45236 | Technology Consultants | $565,160 |
| Thompson Hine | |||||
| 312 Walnut 14th Floor | Cincinnati | OH | 452024029 | Legal Services | $325,055 |
| Deloitte & Touche LLP | |||||
| 250 E 5th Street Ste 1900 | Cincinnati | OH | 452025109 | Audit & Accounting | $191,230 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $477,297 | GovernmentGrantsAmt |
| All Other Contributions | $5,168,505 | AllOtherContributionsAmt |
| Total Contributions | $5,645,802 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Fees for Services | 611710 | $11,426,363 | $11,426,363 |
| Int. on Student Loans | 611710 | $2,653,547 | $2,653,547 |
| Gain on Student Loans | 611710 | $1,087,720 | $1,087,720 |
| OH Centric Admin Fees | 611710 | $160,244 | $160,244 |
| KWI Admin Fees | 611710 | $48,018 | $48,018 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $15,375,892 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,181 | TotalRevenueColumnAmt |
| Exclusion | $5,181 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Servicing Fee Income | 611710 | $239,321 | $239,321 | |
| Securities Litigation | 611710 | $36,005 | $36,005 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $275,326 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,302,201 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,615,213 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $41,186 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $913,842 | TotalAmt |
| Program Services | $913,842 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,713,128 | TotalAmt |
| Program Services | $1,716,559 | ProgramServicesAmt |
| Management And General | $914,506 | ManagementAndGeneralAmt |
| Fundraising | $82,063 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,666,195 | TotalAmt |
| Program Services | $7,675,066 | ProgramServicesAmt |
| Management And General | $1,933,859 | ManagementAndGeneralAmt |
| Fundraising | $57,270 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,019,056 | TotalAmt |
| Program Services | $864,505 | ProgramServicesAmt |
| Management And General | $145,361 | ManagementAndGeneralAmt |
| Fundraising | $9,190 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,248,211 | TotalAmt |
| Program Services | $1,020,389 | ProgramServicesAmt |
| Management And General | $222,646 | ManagementAndGeneralAmt |
| Fundraising | $5,176 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $782,630 | TotalAmt |
| Program Services | $627,227 | ProgramServicesAmt |
| Management And General | $151,756 | ManagementAndGeneralAmt |
| Fundraising | $3,647 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $458,069 | TotalAmt |
| Program Services | $292,065 | ProgramServicesAmt |
| Management And General | $166,004 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $217,733 | TotalAmt |
| Program Services | $67,990 | ProgramServicesAmt |
| Management And General | $149,743 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,275 | TotalAmt |
| Program Services | $39,275 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,507,532 | TotalAmt |
| Program Services | $4,254,862 | ProgramServicesAmt |
| Management And General | $252,670 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,980 | TotalAmt |
| Program Services | $133,841 | ProgramServicesAmt |
| Management And General | $48,139 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $371,570 | TotalAmt |
| Program Services | $287,478 | ProgramServicesAmt |
| Management And General | $84,092 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $851,793 | TotalAmt |
| Program Services | $475,977 | ProgramServicesAmt |
| Management And General | $375,816 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $646,733 | TotalAmt |
| Program Services | $355,121 | ProgramServicesAmt |
| Management And General | $291,612 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,410,137 | TotalAmt |
| Program Services | $2,264,259 | ProgramServicesAmt |
| Management And General | $145,878 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,631,904 | TotalAmt |
| Program Services | $1,565,110 | ProgramServicesAmt |
| Management And General | $66,794 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,134,998 | TotalAmt |
| Program Services | $1,134,998 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $365,337 | TotalAmt |
| Program Services | $145,953 | ProgramServicesAmt |
| Management And General | $219,384 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,781 | TotalAmt |
| Program Services | $2,500 | ProgramServicesAmt |
| Management And General | $115,281 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Cons Rebate Fees | $710,892 | $710,892 |
| Amortization Expense | $303,757 | $303,757 |
| Loan Svc/Trustee Fees | $297,700 | $297,700 |
| Student Loan Provision | $107,520 | $107,520 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $283,729 | TotalAmt |
| Program Services | $159,857 | ProgramServicesAmt |
| Management And General | $123,872 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,981,502 | TotalAmt |
| Program Services | $25,416,743 | ProgramServicesAmt |
| Management And General | $5,407,413 | ManagementAndGeneralAmt |
| Fundraising | $157,346 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,607,973 | BOYAmt |
| EOY | $6,918,352 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,666,015 | BOYAmt |
| EOY | $2,002,375 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,619,862 | BOYAmt |
| EOY | $2,211,075 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,026,707 | BOYAmt |
| EOY | $1,422,721 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $536,404 | BOYAmt |
| EOY | $842,933 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $5,254,572 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,924,191 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,536,987 | BOYAmt |
| EOY | $1,330,381 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,643,775 | BOYAmt |
| EOY | $52,387,679 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,345,578 | BOYAmt |
| EOY | $1,622,601 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,983,301 | BOYAmt |
| EOY | $68,738,117 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,351,154 | BOYAmt |
| EOY | $5,211,110 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,775,149 | BOYAmt |
| EOY | $1,635,033 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,170,970 | BOYAmt |
| EOY | $51,448,502 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $736,097 | BOYAmt |
| EOY | $3,264,138 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,033,370 | BOYAmt |
| EOY | $61,558,783 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,877,116 | BOYAmt |
| EOY | $2,723,434 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,072,815 | BOYAmt |
| EOY | $4,455,900 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,949,931 | BOYAmt |
| EOY | $7,179,334 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,983,301 | BOYAmt |
| EOY | $68,738,117 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$9,679,301 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $1,908,704 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $18,286,759 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,591,360 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,723,031 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,176,203 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,616,011 | CurrentTaxYearAmt |
| Total | $71,393,364 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,488,114 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,967,219 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,806,066 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,928,002 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,375,892 | CurrentTaxYearAmt |
| Total | $81,565,293 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $28,774,873 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $34,558,579 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $34,529,097 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $33,104,205 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,991,903 | CurrentTaxYearAmt |
| Total | $152,958,657 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,653,688 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,943,399 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,874,852 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,806,454 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,259,974 | CurrentTaxYearAmt |
| Total | $52,538,367 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $897,917 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,713,834 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $358,699 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $715,739 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $678,711 | CurrentTaxYearAmt |
| Total | $4,364,900 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,551,605 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,657,233 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,233,551 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,522,193 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,938,685 | CurrentTaxYearAmt |
| Total | $56,903,267 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $96,055,390 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $82,094 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $72,569 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $70,721 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,505 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,181 | CurrentTaxYearAmt |
| Total | $260,070 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $82,094 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $72,569 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $70,721 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,505 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,181 | CurrentTaxYearAmt |
| Total | $260,070 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $40,886 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $32,754 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,114,362 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $693,780 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $275,326 | CurrentTaxYearAmt |
| Total | $2,157,108 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $28,897,853 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $34,663,902 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $35,714,180 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $33,827,490 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,272,410 | CurrentTaxYearAmt |
| Total | $155,375,835 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.61820 | PublicSupportCY509Pct |
| Public Support PY509 | 0.56100 | PublicSupportPY509Pct |
| Investment Income CY | 0.00170 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00350 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part IV Form990ScheduleAPartIVGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part III, Line 12, Explanation of Other Income: | FormAndLineReferenceDesc |
| Explanation | Securities Litigation Income KWF Miscellaneous Income Non-profit Servicing Fee Revenues | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $39,275 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $39,275 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I-A and I-B: | FormAndLineReferenceDesc |
| Explanation | These sections are "Not Applicable" as KnowledgeWorks Foundation does not participate in or intervene in (including the publishing or distributing of statements), any political campaign on behalf of (or in opposition to) any candidate for public office. | ExplanationTxt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,492,695 | OtherCostOrOtherBasisAmt |
| Depreciation | $783,501 | DepreciationAmt |
| Book Value | $709,194 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,410,278 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,180,372 | DepreciationAmt |
| Book Value | $229,906 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,351,599 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,960,318 | DepreciationAmt |
| Book Value | $391,281 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,330,381 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Student Loan Receivables, Net of Unamortized Loan Acquisition Costs | Desc |
| Book Value | $52,387,679 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $52,387,679 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Interest Payable | $59,810 |
| Student Loan Program Residual | $3,204,328 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,264,138 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | The Foundation has analyzed tax positions taken for filing with the IRS and all state jurisdictions where it operates. The Foundation believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Foundation's financial position, statement of activities, or cash flows. Accordingly, the Foundation has not recorded any reserves or related accruals for interest and penalties for uncertain income tax positions at June 30, 2014 and 2013. In the event interest and penalties accrued on unrecognized tax benefits, the Foundation would recognize such amounts as a component of income tax expense. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (15 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Comprehensive Community Child Care Inc | |||||||
| 1924 Dana Ave | Cincinnati | OH | 45207 | 310823634 | 501(c)(3) | $7,000 | 4C For Children - Champions for Children Gala |
| Annie E Casey Foundation | |||||||
| 701 St Paul Street | Baltimore | MD | 21202 | 521951681 | 501(c)(3) | $189,087 | Support AECF Leadership Program |
| The Boston Private Industry Council Inc | |||||||
| 2 Oliver St | Boston | MA | 02109 | 042676661 | 501(c)(3) | $25,000 | Opportunity Youth Grant to Support Continuous Improvement Initiative |
| Council of Chief State School Officers | |||||||
| One Massachusetts Ave NW | Washington | DC | 20001 | 530198090 | 501(c)(3) | $110,000 | Sponsorship and Support of Advisory Accountability Task Force |
| Cincinnati Public Schools | |||||||
| 2651 Burnett Avenue | Cincinnati | OH | 45219 | 316000758 | Gov't Entity | $39,565 | Support Enhancements to Learning Partner Dashboard |
| Clarendon School District One | |||||||
| 12 S Church St PO Box 38 | Summerton | SC | 29148 | 570481945 | Gov't Entity | $150,000 | Teacher Professional Development, Training and Technology Support |
| Colleton County School District | |||||||
| 213 N Jefferies Blvd | Walterboro | SC | 29488 | 576000338 | Gov't Entity | $95,627 | Teacher Professional Development, Training and Technology Support |
| The Community Foundation for the National Capital Region | |||||||
| 1201 15th St SW Suite 420 | Washington | DC | 20005 | 237343119 | 501(c)(3) | $25,000 | Raise DC Network support |
| Artswave | |||||||
| 20 E Central Parkway Suite 200 | Cincinnati | OH | 45202 | 310537138 | 501(c)(3) | $5,235 | Artswave Campaign |
| Kentucky Community & Technical College System Foundation Inc | |||||||
| 300 North Main Street | Versailles | KY | 40383 | 611351918 | 501(c)(3) | $13,000 | Greater Cincinnati STEM Collaborative Support |
| Learning Through Art | |||||||
| 1420 Sycamore St Suite 3 | Cincinnati | OH | 45202 | 311367751 | 501(c)(3) | $7,390 | Fund Expansion of Books Alive! Into Rothenberg Preparatory |
| Philanthropy Ohio | |||||||
| 37 West Broad St Suite 800 | Columbus | OH | 43215 | 311111842 | 501(c)(3) | $10,000 | 2012 Education Initiative |
| Public Allies Inc | |||||||
| 2330 Victory Parkway 306 | Cincinnati | OH | 45206 | 521759564 | 501(c)(3) | $37,500 | Program Support |
| The Interalliance of Greater Cincinnati | |||||||
| 10290 Alliance Rd | Cincinnati | OH | 45242 | 208444742 | 501(c)(3) | $10,000 | Tech Olympics Expo 2014 |
| United Way of Greater Cincinnati | |||||||
| 2400 Reading Road | Cincinnati | OH | 452021478 | 310537502 | 501(c)(3) | $139,000 | Early Childhood Database Improvements; Partnership Support; 2014 UW Campaign |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 15 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | KnowledgeWorks Foundation uses the MicroEdge Gifts for Windows software system to maintain grantmaking records. Data tracked by KnowledgeWorks includes: date of request, eligibility of grantee, contact information, date grant was awarded or denied, grant purpose, grant budget, electronic copy of executed grant contracts and required financial reports and timing. The KnowledgeWorks Grants Administrator provides periodic reporting to Program Managers and follows up with grantees as required financial reporting is due. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | 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 (15 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Chad P Wick | ||||||||||||||
| Treasurer | $171,110 | $0 | $0 | $0 | $23,107 | $0 | $8,398 | $0 | $4,935 | $0 | $207,550 | $0 | $0 | $0 |
| Judith A Peppler start 0713 | ||||||||||||||
| President & CEO | $165,266 | $0 | $0 | $0 | $3,776 | $0 | $8,462 | $0 | $12,119 | $0 | $189,623 | $0 | $0 | $0 |
| William L McNeese | ||||||||||||||
| Senior VP & CFO | $204,689 | $0 | $31,350 | $0 | $5,733 | $0 | $38,951 | $0 | $19,907 | $0 | $300,630 | $0 | $0 | $0 |
| Catherine Allshouse | ||||||||||||||
| Chief Information Officer | $179,889 | $0 | $20,477 | $0 | $2,234 | $0 | $32,410 | $0 | $18,840 | $0 | $253,850 | $0 | $0 | $0 |
| Holly A Brinkman | ||||||||||||||
| VP & Controller | $150,831 | $0 | $28,700 | $0 | $1,768 | $0 | $28,619 | $0 | $24,862 | $0 | $234,780 | $0 | $0 | $0 |
| Meredith Meyer | ||||||||||||||
| VP Strategic Planning | $154,706 | $0 | $23,248 | $0 | $1,544 | $0 | $29,232 | $0 | $29,286 | $0 | $238,016 | $0 | $0 | $0 |
| Harold Brown | ||||||||||||||
| President EdWorks | $178,581 | $0 | $27,600 | $0 | $1,502 | $0 | $33,519 | $0 | $24,412 | $0 | $265,614 | $0 | $0 | $0 |
| Lydia Dobyns | ||||||||||||||
| President New Tech | $193,564 | $0 | $31,350 | $0 | $22,567 | $0 | $12,656 | $0 | $17,752 | $0 | $277,889 | $0 | $0 | $0 |
| Jeff Edmondson | ||||||||||||||
| Managing Director Strive | $162,783 | $0 | $23,400 | $0 | $1,698 | $0 | $29,311 | $0 | $21,912 | $0 | $239,104 | $0 | $0 | $0 |
| Jim Osborn | ||||||||||||||
| Nat'l Dir EdWorks | $56,372 | $0 | $0 | $0 | $90,766 | $0 | $3,221 | $0 | $4,838 | $0 | $155,197 | $0 | $0 | $0 |
| Matt Godsted | ||||||||||||||
| Director Technology | $155,866 | $0 | $15,770 | $0 | $1,602 | $0 | $26,400 | $0 | $23,412 | $0 | $223,050 | $0 | $0 | $0 |
| Matthew Williams | ||||||||||||||
| VP Policy & Advocacy | $132,782 | $0 | $19,500 | $0 | $1,052 | $0 | $22,548 | $0 | $23,912 | $0 | $199,794 | $0 | $0 | $0 |
| Rick Lear | ||||||||||||||
| Sr. Dir NTN Sch Design | $138,796 | $0 | $13,449 | $0 | $2,918 | $0 | $22,189 | $0 | $7,878 | $0 | $185,230 | $0 | $0 | $0 |
| Andrew Benson | ||||||||||||||
| VP Ohio Educ. Matters | $78,934 | $0 | $0 | $0 | $137,777 | $0 | $4,604 | $0 | $13,603 | $0 | $234,918 | $0 | $0 | $0 |
| Brian Ross | ||||||||||||||
| Former President & CEO (end 12/12) | $0 | $0 | $0 | $0 | $402,240 | $0 | $0 | $0 | $0 | $0 | $402,240 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | The Foundation maintains memberships in a local social club in the name of the President & CEO. This membership is a business membership for the benefit of the Foundation. As such, the monthly dues are paid by the Foundation. Any personal use is paid by the President & CEO. |
| Part I, Line 4a | Severance payments were made to Andrew Benson, $119,167, Jim Osborn, $82,200, and Brian Ross, $402,240. Payments were made under the terms of negotiated separation agreements. |
| Part I, Line 7 | KnowledgeWorks Foundation offers an individual incentive based bonus program, where the annual payout is determined by achievement of established objectives. |
| Part II: | For the calendar year ended 2013, KnowledgeWorks Foundation has two individuals who have compensation reported on Form 990, Part VII, Section A that served as President & CEO at some point during the year. The service dates for each are: - Timothy Tuff (Interim President & CEO) - December 4, 2012 through July 22, 2013 - Judith Peppler (President & CEO) - beginning July 22, 2013 During calendar year 2013, Chad P. Wick served as KnowledgeWorks Foundation's Founder & President Emeritus from January 2013 through June 2013 and as Treasurer from July 2013 to December 2013. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | Certain KnowledgeWorks Foundation board members are also members of the boards of certain KnowledgeWorks Foundation affiliates. These overlapping board memberships constitute a "business relationship" as defined by the Form 990 instructions. |
| Form 990, Part VI, Section A, line 3 | KWSL LLC, a wholly owned subsidiary of KnowledgeWorks Foundation contracted with Kohne O'Neill LLC and Nelnet to administer its student lending programs. |
| Form 990, Part VI, Section B, line 11 | After completion by the preparer, the draft of the Form 990 is reviewed by the Accounting Manager and Chief Financial Officer. The final draft of the Form 990 is reviewed with the Audit Committee. After it receives the approval of the Audit Committee, the final Form 990 is distributed to all members of the Board of Directors before it is filed. |
| Form 990, Part VI, Section B, line 12c | On an annual basis the Conflicts of Interest Policy is distributed to the directors, officers and key employees along with a questionnaire that must be completed, signed and returned to Legal Counsel. Legal Counsel reviews the questionnaire responses and advises management and the board of any required actions. |
| Form 990, Part VI, Section B, line 15 | The compensation of the CEO, other officers, and key employees are set by the Compensation Committee of the Board of Directors utilizing a compensation study performed by an independent compensation consulting firm comparing similar positions in similar organizations. Members of the Board of Directors have in the past received reasonable compensation for their services as members of the Board of Directors. However, compensation to Board of Directors ceased as of July 2014. |
| Form 990, Part VI, Section C, line 19 | The consolidated financial statements of KnowledgeWorks Foundation and its subsidiaries are available on the KnowledgeWorks Foundation website. KnowledgeWorks Foundation's Form 990 is also available on its website. The governing documents and Conflict of Interest Policy are available upon request. |
| Form 990, Part VII, Section A: | Explanation of Compensation Arrangement: Douglas Thomson is not directly compensated for his services as Secretary to KnowledgeWorks Foundation. Douglas Thomson is a member (but owns or controls less than 1%) at Frost Brown Todd, LLC, a law firm with over 400 lawyers. KnowledgeWorks Foundation does compensate Frost Brown Todd, LLC for legal services, including Douglas Thomson's services as Secretary to KnowledgeWorks Foundation. The amount paid to Douglas Thomson for his services as Secretary of KnowledgeWorks Foundation cannot be determined. |
| Form 990, Part IX, line 11g | Technical Assistance & Evaluation Support - School & Community Initiatives:: Program service expenses 2,492,169. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,492,169. Policy and Advocacy: Program service expenses 312,021. Management and general expenses 0. Fundraising expenses 0. Total expenses 312,021. Student Loan Program Consultants: Program service expenses 1,372,997. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,372,997. Technology and Software Development: Program service expenses 53,909. Management and general expenses 41,658. Fundraising expenses 0. Total expenses 95,567. Human Resources: Program service expenses 0. Management and general expenses 158,101. Fundraising expenses 0. Total expenses 158,101. General Business, Marketing and Communications: Program service expenses 23,766. Management and general expenses 52,911. Fundraising expenses 0. Total expenses 76,677. |
| Form 990, Part XI, line 9: | Unrealized Gain on Interest Rate Swap Agreement 55,535. Unrealized Loss on Liability for Student Loan Residual -204,328. Amortization of Discount on Student Loans 1,094,788. Distribution of Investments from Exempt Subsidiary - KWI 970,209. Transfer of Net Assets to KnowledgeFunding Ohio -7,500. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| KnowledgeWorks Intermediary LLC | |||||||||
| One West Fourth Street Suite 200 | Cincinnati | OH | 452023634 | 311321973 | Facilitate Receipt of Federal and State Grant Funds | OH | $0 | $200 | KnowledgeWorks Foundation |
| KWSL LLC | |||||||||
| One West Fourth Street Suite 200 | Cincinnati | OH | 452023634 | 510560916 | Directs Operations of SLW and KFO | OH | $471,865 | $100,264 | KnowledgeWorks Foundation |
| EdWorks LLC | |||||||||
| One West Fourth Street Suite 200 | Cincinnati | OH | 452023634 | 272300265 | Effective Long-Term High School Improvement Solutions | OH | $1,870,813 | $554,820 | KnowledgeWorks Foundation |
| StriveTogether LLC | |||||||||
| One West Fourth Street Suite 200 | Cincinnati | OH | 452023634 | 272300365 | Implement Best Practices for Student Success | OH | $5,667,662 | $4,031,192 | KnowledgeWorks Foundation |
| New Technology Network LLC | |||||||||
| One West Fourth Street Suite 200 | Cincinnati | OH | 452023634 | 270845123 | Services & Support to Implement Innovative High Schools | OH | $9,019,299 | $2,289,313 | KnowledgeWorks Foundation |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| KWI | ||||||||||
| One West Fourth Street Suite 200 | Cincinnati | OH | 452023634 | 311776354 | Supporting Organization | OH | Section 501(c)(3) | Schedule A, Line 11a | KnowledgeWorks Foundation | Yes (1) |
| KnowledgeFunding Ohio Inc | ||||||||||
| One West Fourth Street Suite 250 | Cincinnati | OH | 452023634 | 201888000 | Student Loan Acquisition | OH | Section 501(c)(3) | Schedule A, Line 9 | KnowledgeWorks Foundation | Yes (1) |
| Student LendingWorks Inc | ||||||||||
| One West Fourth Street Suite 285 | Cincinnati | OH | 452023634 | 201887944 | Student Loan Originator | OH | Section 501(c)(3) | Schedule A, Line 9 | KnowledgeWorks Foundation | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| KWI | ||
| Q | $162,000 | Investment Advisor Fees |
| KWI | ||
| S | $970,209 | Actual Amount of Cash Transfers |