2015-07-27T13:23:36-05:00 2014-12-31 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2014-07-01 460586726 INBLOOM INC INBL 4254544919 10900 NE 4TH STREET NO 1700 BELLEVUE WA 98004 IWAN STREICHENBERGER CEO 4254544919 2015-07-17 1 JANE M SEARING P00000565 4254544919 2015-07-17 2014 2016-03-07 17:11:31Z X IWAN STREICHENBERGER 10900 NE 4TH STREET NO 1700 BELLEVUE WA 98004 33571 0 X N/A X 2012 DE TO ACCELERATE STUDENT ACHIEVEMENT BY USING TECHNOLOGY TO ENABLE PERSONALIZED LEARNING FOR EVERY K-12 STUDENT IN THE U.S. 0 0 41 5 0 0 4250000 0 0 0 40205 -327244 0 0 4290205 -327244 0 0 0 0 7703550 1604074 0 0 0 18730429 10094624 26433979 11698698 -22143774 -12025942 51041181 0 1041228 0 49999953 0 X THE ORGANIZATION SEEKS TO ACCELERATE STUDENT ACHIEVEMENT BY USING TECHNOLOGY TO ENABLE PERSONALIZED LEARNING FOR EVERY K-12 STUDENT IN THE U.S. THE ORGANIZATION WILL PURSUE THIS OBJECTIVE BY, AMONG OTHER THINGS, WORKING WITH EDUCATION AGENCIES TO ADVANCE LEARNING AND ADDRESS DISPARITIES IN STUDENT ACHIEVEMENT. THE ORGANIZATION WORKS TO ADAPT, IMPLEMENT, AND CONTINUALLY IMPROVE NEW AND EXISTING EDUCATION TECHNOLOGIES AND APPLICATIONS FOR THE BENEFIT OF SCHOOLS AND STUDENTS. 0 1 10448984 INBLOOM CEASED OPERATIONS IN 2014 AND THE ACTIVITIES UNDERTOOK DURING THE YEAR WERE FOR THE ORDERLY WIND DOWN OF THE ORGANIZATION. PREVIOUSLY, INBLOOM DEVELOPED AND LAUNCHED A TECHNICAL SOLUTION THAT ADDRESSES THE COMPLEX CHALLENGES THAT TEACHERS, EDUCATORS AND PARENTS FACE WHEN TRYING TO BEST UTILIZE THE STUDENT DATA AVAILABLE TO THEM. THAT SOLUTION CAN PROVIDE A HIGH IMPACT AND COST-EFFECTIVE SERVICE TO EVERY SCHOOL DISTRICT ACROSS THE COUNTRY, ENABLING TEACHERS TO MORE EASILY TAILOR EDUCATION TO STUDENTS' INDIVIDUAL LEARNING NEEDS.THE WIND DOWN WAS EXTENSIVE AND INCLUDED PACKAGING THE INTELLECTUAL PROPERTY, CREATING USER CONTENT, EDUCATIONAL MATERIALS AND OTHER TECHNICAL DOCUMENTATION. THE INTELLECTUAL PROPERTY IS OPEN SOURCED. BY DOING THESE ACTIVITIES INBLOOM WILL ALLOW FUTURE USERS BE ABLE TO ACCESS THIS SOLUTION. 10448984 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 44 0 1 41 1 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X MIKE NURSE 4254544919 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 X PEGGY BROOKINS DIRECTOR 4.00 0.00 X 0 0 0 MICHELE CAHILL SECRETARY 4.00 0.00 X X 0 0 0 MICHAEL HORN DIRECTOR 4.00 0.00 X 0 0 0 GENE WILHOIT CO-CHAIR 4.00 0.00 X X 0 0 0 BOB WISE CO-CHAIR 4.00 0.00 X 0 0 0 IWAN STREICHENBERGER CEO 40.00 0.00 X X 782838 0 30847 AMELIA FOX COO 40.00 0.00 X 472234 0 18544 JATINDER PANNU SVP PROFESSIONAL SERVICES 40.00 0.00 X 379427 0 24076 SHARON BATES CHIEF PRODUCT OFFICER 40.00 0.00 X 229896 0 4710 VIRGINIA BARTLETT CHIEF PRIVACY OFFICER 40.00 0.00 X 177405 0 8265 ADAM GABER VP COMMUNICATIONS 40.00 0.00 X 172877 0 603 SAMIR JOGLEKAR SVP, SALES & MARKETING 40.00 0.00 X 265598 0 11796 GARRETT SUHM CHIEF TECHNOLOGY OFFICER 40.00 0.00 X 316329 0 13748 PAUL LAWLER ARCHITECT 40.00 0.00 X 173354 0 16590 2969958 0 129179 24 0 1 0 GTC LAW GROUP LLP 400 BLUE HILL DR SUITE 2B WESTWOOD MA 20290 LEGAL 384630 OPEN SOFTWARE INTEGRATORS LLC 345 W MAIN ST STE 201 DURHAM NC 27701 DATASTORE AND REPORTING APP 359408 ZUCKERMAN SPAEDER LLP 1800 M STREET NW SUITE 1000 WASHINGTON DC 20036 LEGAL 130000 WHITEBOARD ADVISORS LLC 100 M STREET SE SUITE 500 WASHINGTON DC 20003 COMMUNICATIONS MANAGEMENT 106168 4 1007 1007 32564 360815 -328251 -328251 -328251 -327244 0 0 -327244 725631 181408 544223 833082 415796 417286 45361 43465 1896 3654 3642 12 57161 57161 93326 93326 36919 26268 10651 10761 10761 661 661 140568 140568 34464 17232 17232 27484 21987 5497 1578 1578 9476021 9476021 197167 98584 98583 STAFF EXPENSE 11128 10663 465 BANK FEES 2356 2356 LICENSES & REGISTRATION 365 365 EQUIPMENT EXPENSE 150 150 861 861 11698698 10448984 1249714 0 3388212 0 0 0 7720 0 0 0 0 0 185928 0 0 0 336526 0 0 0 0 47122795 0 0 51041181 0 1041228 0 1041228 0 X 0 0 0 0 49999953 0 49999953 0 51041181 0 X -12025942 -37974011 X 0 0 0 X 85472333 4250000 89722333 85472333 4250000 89722333 85472333 4250000 89722333 0 85472333 4250000 89722333 0 57734 54007 1007 112748 57734 54007 1007 112748 85530067 4304007 1007 89835081 X PART III, COLUMN E: THE ORGANIZATION CEASED OPERATIONS AS OF DECEMBER 31, 2014. THE AMOUNTS IN COLUMN E ARE BASED ON A SHORT YEAR. 0 0 0 11698699 11698699 734935 183734 0 0 819314 1000000 734935 2554249 3831374 4280 4280 204829 250000 183734 638563 957845 1 X X X X X 1 0 0 0 0 0 0 1 0 IWAN STREICHENBERGER CEO 278340 0 179498 0 325000 0 13000 0 17847 0 813685 0 0 0 AMELIA FOX COO 228641 0 104593 0 139000 0 5646 0 12898 0 490778 0 0 0 JATINDER PANNU SVP PROFESSIONAL SERVICES 164435 0 104992 0 110000 0 13086 0 10990 0 403503 0 0 0 SHARON BATES CHIEF PRODUCT OFFICER 75485 0 54411 0 100000 0 4374 0 336 0 234606 0 0 0 VIRGINIA BARTLETT CHIEF PRIVACY OFFICER 108510 0 21395 0 47500 0 6564 0 1701 0 185670 0 0 0 ADAM GABER VP COMMUNICATIONS 90202 0 33925 0 48750 0 0 0 603 0 173480 0 0 0 SAMIR JOGLEKAR SVP, SALES & MARKETING 124366 0 16232 0 125000 0 5787 0 6009 0 277394 0 0 0 GARRETT SUHM CHIEF TECHNOLOGY OFFICER 131289 0 70040 0 115000 0 7598 0 6150 0 330077 0 0 0 PAUL LAWLER ARCHITECT 110512 0 25342 0 37500 0 6469 0 10121 0 189944 0 0 0 PART I, LINE 4A CEO THE SEVERANCE PAYMENT WAS MADE PURSUANT TO HIS EMPLOYMENT AGREEMENT. FOR OTHER EMPLOYEES, SEVERANCE PAYMENTS WERE MADE BASED ON BOARD APPROVAL. PART I, LINE 7 IN ORDER FOR THE ORGANIZATION TO HAVE AN ORDERLY WIND DOWN INCENTIVE COMPENSATION WAS PROVIDED TO CERTAIN KEY EMPLOYEES AS APPROVED BY THE BOARD. PROFESSIONAL SERVICE FEES 2014-12-31 194060 ACTUAL COST INTELLECTUAL PROPERTY LEFT AS OPEN SOURCE SOFTWARE 2014-12-31 37646774 BOOK LICENSING AGREEMENT AND TRADEMARKS 2014-07-18 0 FMV 562618866 BILL & MELINDA GATES FDN PO BOX 23350 SEATTLE WA 98102 IRC. SEC. 509(A) 0 0 0 0 1 1 1 1 0 FORM 990, PART I, LINE 6, VOLUNTEERS: THERE WERE FIVE MEMBERS WHO VOLUNTEERED ON THE BOARD OF DIRECTORS DURING THE YEAR. FORM 990, PART III, LINE 3 THE ORGANIZATION HAS CEASED ALL OPERATIONS AND LIQUIDATED ITS ASSETS PURSUANT TO ITS GOVERNING DOCUMENTS. FORM 990, PART VI, SECTION A, LINE 1 THE ORGANIZATION BY-LAWS PROVIDE FOR THE BOARD TO HAVE THREE STANDING BOARD COMMITTEES, AN EXECUTIVE COMMITTEE, AN AUDIT AND FINANCE COMMITTEE, AND AN EDUCATION EQUITY COMMITTEE. THE GOVERNING BODY HAS THE POWER TO DELEGATE POWERS AND AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION TO THE EXTENT PROVIDED IN THE RESOLUTION OF THE BOARD OR IN THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 4 THE ARTICLES OF DISSOLUTION WERE FILED ON 12/31/14 AND ARE ATTACHED. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS REVIEWED BY THE FORMER CEO AND COO. THE RETURN WILL BE CIRCULATED TO THE FORMER BOARD MEMBERS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C INBLOOM'S CONFLICT OF INTEREST POLICY COVERS TRANSACTIONS BETWEEN INBLOOM AND ITS OFFICERS, DIRECTORS, AND KEY EMPLOYEES, AND BETWEEN INBLOOM AND A FAMILY MEMBER OR AFFILIATED ENTITY OF AN OFFICER, DIRECTOR, OR KEY EMPLOYEE. EACH OFFICER, DIRECTOR, AND KEY EMPLOYEE ANNUALLY COMPLETES A CONFLICT OF INTEREST DECLARATION TO ASSIST THE ORGANIZATION IN IDENTIFYING COVERED TRANSACTIONS. THE DETERMINATION OF THE EXISTENCE OF CONFLICTS, AND THE REVIEW OF ACTUAL CONFLICTS, IS PERFORMED BY THE AUDIT AND FINANCE COMMITTEE (IN THE CASE OF A CONFLICT INVOLVING A BOARD MEMBER OR THE CHIEF EXECUTIVE OFFICER), OR THE CHIEF EXECUTIVE OFFICER (IN CASE OF A CONFLICT INVOLVING ANOTHER OFFICER OR KEY EMPLOYEE). PERSONS WITH A POTENTIAL OR ACTUAL CONFLICT OF INTEREST MUST REFRAIN FROM USING PERSONAL INFLUENCE TO AFFECT DECISIONS AND MUST PHYSICALLY REMOVE THEMSELVES FROM PARTICIPATING IN DISCUSSIONS. FORM 990, PART VI, SECTION B, LINE 15 A THIRD PARTY CONDUCTS BENCHMARKING ANALYSIS THAT INCLUDES MARKET DATA, COMPARATIVE DATA, AND AN ASSESSMENT OF THE POSITION FOR COMPENSATION (COMPONENTS AND TOTAL). THAT ANALYSIS IS USED TO DETERMINE THE APPROPRIATE COMPENSATION PACKAGE FOR ALL EMPLOYEES. THE ORGANIZATION DOES THIS ON AN ONGOING BASIS. ANY COMPENSATION DECISIONS FOR EXECUTIVES ARE DISCUSSED WITH THE BOARD OF DIRECTORS FOR APPROVAL. THIS IS ALSO DONE ON AN ONGOING BASIS. ADDITIONALLY, AN INDEPENDENT ANALYSIS WAS CONDUCTED DURING THE SUMMER OF 2013 TO EVALUATE THE COMPENSATION FOR ALL EXECUTIVES IN THE ORGANIZATION. THAT ANALYSIS WAS SHARED WITH THE BOARD IN A PRIVATE SESSION FOR THEIR REVIEW AND ACCEPTANCE. THE BOARD ALSO APPROVED THE SALARIES AND NECESSARY INCENTIVE COMPENSATION TO RETAIN EMPLOYEES TO CONDUCT AN ORDERLY WIND DOWN OF INBLOOM. THE LAST FORMAL COMPENSATION REVIEW OCCURRED IN AUGUST 2013. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. OTHER COMPANY GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. FORM 990, PART VII, SECTION A: THE AMOUNTS ON PART VII, SECTION A ARE BASED ON THE FULL CALENDAR YEAR 2014. THE TAX RETURN IS BASED ON A SHORT PERIOD FROM 7/1/14 THROUGH 12/31/14. FORM 990, PART XI, LINE 9: RETURNED GRANTS -327,237. IMPAIRMENT OF INTELLECTUAL PROPERTY -37,646,774. SHARED LEARNING COLLABORATIVE 3475 PIEDMONT ROAD NE SUITE 1650 ATLANTA GA 30305 562618866 EDUCATIONAL TECHNOLOGY WA 0 0 INBLOOM INC