CHANGE THE EQUATION INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
CHANGE THE EQUATION INC (EIN 27-2107952)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-05-31
IRS object ID
201221529349300012
Schema version
2011v1.2
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

FieldValueIRS element (for citing)
Timestamp2012-05-31T08:50:33-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN251645876EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1KENDALL PREBOLA AND JONES CPASBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 259AddressLine1
CityBEDFORDCity
StatePAState
ZIP Code155220259ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN272107952EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1CHANGE THE EQUATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlCHANNameControl
Phone2026265740Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11101 K STREET NW NO 610AddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code20005ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameLINDA P ROSEN PHDName
TitleCHIEF EXECUTIVE OFFICERTitle
Phone2026265740Phone
Date Signed2012-05-31DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameRICHARD M JONESCPAName
PTINP00621721PTIN
Phone8146231880Phone
Date Prepared2012-05-31DatePrepared
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonLINDA P ROSEN PHDNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line11101 K STREET NWAddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code20005ZIPCode
FieldValueIRS element (for citing)
Gross Receipts3488567GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.CHANGETHEEQUATION.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2010YearFormation
State Legal DomicileDEStateLegalDomicile
Activity Or Mission DescriptionCHANGE THE EQUATION'S (CTEQ) MISSION IS TO CREATE WIDESPREAD LITERACY IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) AS AN INVESTMENT IN OUR NATION THAT EMPOWERS US ALL. CTEQ HELPS TO ENGAGE YOUNG PEOPLE, IN PARTICULAR, LOW-MINORITY STUDENTS, IN STEM LEARNING THAT WILL ENABLE THEM TO SUCCEED IN POST-SECONDARY EDUCATION, HOLD REWARDING JOBS, AND PARTICIPATE FULLY AS CITIZENS.ActivityOrMissionDescription
Nbr Voting Members Governing Body7NbrVotingMembersGoverningBody
Nbr Independent Voting Members7NbrIndependentVotingMembers
Total Nbr Employees7TotalNbrEmployees
Total Nbr Volunteers7TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year2889285ContributionsGrantsPriorYear
Contributions Grants Current Year3488552ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year426InvestmentIncomePriorYear
Investment Income Current Year15InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year2889711TotalRevenuePriorYear
Total Revenue Current Year3488567TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year237506SalariesEtcPriorYear
Salaries Etc Current Year963432SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year22975TotalFundrsngExpCurrentYear
Other Expense Prior Year817699OtherExpensePriorYear
Other Expenses Current Year937709OtherExpensesCurrentYear
Total Expenses Prior Year1055205TotalExpensesPriorYear
Total Expenses Current Year1901141TotalExpensesCurrentYear
Revenues Less Expenses Prior Year1834506RevenuesLessExpensesPriorYear
Revenues Less Expenses CY1587426RevenuesLessExpensesCY
Total Assets BOY4369803TotalAssetsBOY
Total Assets EOY5506107TotalAssetsEOY
Total Liabilities BOY2535297TotalLiabilitiesBOY
Total Liabilities EOY2084175TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY1834506NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY3421932NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionCHANGE THE EQUATION'S (CTEQ) MISSION IS TO CREATE WIDESPREAD LITERACY IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) AS AN INVESTMENT IN OUR NATION THAT EMPOWERS US ALL. CTEQ HELPS TO ENGAGE YOUNG PEOPLE, IN PARTICULAR, UNDERREPRESENTED GROUPS, IN STEM LEARNING THAT WILL ENABLE THEM TO SUCCEED IN POST-SECONDARY EDUCATION, HOLD REWARDING JOBS, AND PARTICIPATE FULLY AS CITIZENS.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense665884Expense
DescriptionSTRENGTHENING CTEQ MEMBERS' PHILANTHROPYCTEQ HAS WORKED WITH A COMMITTEE OF REPRESENTATIVES FROM MEMBER COMPANIES TO CREATE A SET OF "DESIGN PRINCIPLES FOR EFFECTIVE STEM PHILANTHROPY," TOGETHER WITH A RUBRIC TO HELP COMPANIES APPLY THE PRINCIPLES, AND AN EVALUATION PRIMER TO HELP THEM UNDERSTAND HOW TO JUDGE THE QUALITY AND VALIDITY OF PROGRAM'S EFFECTIVENESS CLAIMS. THESE TOOLS AIM TO HELP MEMBER COMPANIES EXAMINE THEIR OWN PRACTICE AND INCREASE THE IMPACT OF THE RESOURCES THEY DEVOTE TO IMPROVING LEARNING IN STEM. IN JUNE 2011, CTEQ ORGANIZED FOUR REGIONAL MEETINGS TO GATHER MEMBER COMPANIES' INPUT INTO THE DRAFT RUBRIC AND SOLICIT THEIR ADVICE ABOUT OTHER TOOLS. EXPANDING EFFECTIVE STEM PROGRAMS TO 100 NEW SITES ACROSS THE COUNTRY: AT CTEQ'S OFFICIAL LAUNCH IN SEPTEMBER 2010, PRESIDENT OBAMA ANNOUNCED THAT CTEQ WOULD EXPAND A HANDFUL OF EFFECTIVE STEM LEARNING PROGRAMS TO 100 NEW SITES ACROSS THE COUNTRY. TO ADDRESS THIS GOAL, CTEQ IDENTIFIED A LIST OF 7 EFFECTIVE "FEATURED PROGRAMS" AND BEGAN WORKING WITH MEMBERS TO SUPPORT THOSE PROGRAMS IN NEW DISTRICTS OR SCHOOLS ACROSS THE COUNTRY. BY THE END OF 2011, MEMBER COMPANIES HAD BROUGHT THESE PROGRAMS TO MORE THAN 130 SITES ACROSS THE COUNTRY. THESE INCLUDE PROGRAMS SUCH AS THE ADVANCED PLACEMENT TRAINING & INCENTIVE PROGRAM, WHICH INCREASES THE NUMBERS OF STUDENTS TAKING AND PASSING AP TESTS, AND ENGINEERING IS ELEMENTARY, A PROGRAM TO IMPROVE THE GRASP OF (AND ENTHUSIASM FOR) ENGINEERING AMONG ELEMENTARY SCHOOL STUDENTS AND THEIR TEACHERS. PRESIDENT OBAMA CELEBRATED THIS ACHIEVEMENT AT HIS FEBRUARY 7, 2012 WHITE HOUSE SCIENCE FAIR.DATABASE OF EFFECTIVE STEM PROGRAMS: CTEQ HAS CONTRACTED WITH THE RESEARCH FIRM WESTED TO CREATE A SEARCHABLE DATABASE OF PROGRAMS THAT MEET OUR DESIGN PRINCIPLES FOR EFFECTIVE STEM PHILANTHROPY. THE DATABASE WOULD BE SEARCHABLE BY CRITERIA SUCH AS GEOGRAPHIC LOCATION, GRADE LEVEL, TARGET AUDIENCE, DISCIPLINE, AREA OF EFFECTIVENESS, ETC. THE DESIGN PRINCIPLES COMMITTEE IS GUIDING THIS INITIATIVE AND AIMS TO HAVE A PILOT DATABASE READY BY LATE SPRING 2012 AND A FULL DATABASE WITH AT LEAST 100 PROGRAMS BY THE CLOSE OF 2012.CTEQ WILL MEASURE THE IMPACT OF THIS DATABASE BY ITS MEMBERS GIVING DECISIONS.CHANGE THE EQUATION COMMITTEES: CTEQ CURRENTLY MANAGES SIX COMMITTEES OF REPRESENTATIVES FROM MEMBER COMPANIES. THESE COMMITTEES ENGAGE MEMBER COMPANIES IN CTEQ'S WORK, ENSURE THAT THE WORK REFLECTS MEMBERS' NEEDS, AND CREATE KNOWLEDGE AND TOOLS COMPANIES CAN USE TO IMPROVE THEIR OWN PRACTICE AND ADVOCACY.IN ADDITION TO THE DESIGN PRINCIPLES COMMITTEE, WHOSE WORK IS DESCRIBED ABOVE, CTEQ FACILITATES THE WORK OF A COMMITTEE ON UNDERREPRESENTED GROUPS IN STEM, A COMMITTEE ON EMPLOYEE ENGAGEMENT, A COMMITTEE ON GAMING AND EDUCATION, AND A COMMITTEE OF COMMUNICATIONS STAFFERS. THE COMMITTEE ON UNDERREPRESENTED GROUPS AIMS TO CREATE A NUMBER OF TOOLS TO IMPROVE MEMBER PHILANTHROPY AND ADVOCACY, AS WELL AS TO ENSURE CTEQ'S CONTINUED FOCUS ON THE IMPORTANCE OF ADDRESSING THE NEEDS OF STUDENTS OF COLOR AND FEMALE STUDENTS. THE COMMITTEE ON EMPLOYEE ENGAGEMENT FOCUSES ON CREATING TOOLS AND LEARNING OPPORTUNITIES AIMED AT IMPROVING MEMBER COMPANIES PROGRAMS TO ENGAGE THEIR EMPLOYEES IN LOCAL EFFORTS TO IMPROVE STEM EDUCATION. THE GAMING COMMITTEE, WHICH LAUNCHED IN LATE 2011, WILL CONVENE IN CALIFORNIA IN MARCH 2012 TO PLAN ITS CONCRETE NEXT STEPS. COMMITTEE MEMBERS HAVE ALREADY BEGUN NETWORKING AND CONSIDERING OPPORTUNITIES FOR COLLABORATION. THE COMMUNICATIONS COMMITTEE WAS LAUNCHED IN SUMMER 2011 AND AIMS TO HELP CTEQ AND ITS MEMBERS AMPLIFY CRITICAL SHARED MESSAGES ABOUT STEM LEARNING.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense860862Expense
DescriptionADVOCACY FOR STEM LEARNINGSTATE-BY-STATE VITAL SIGNS REPORTS: CHANGE THE EQUATION IS COMMITTED TO PROMOTING SOUND STATE-LEVEL POLICY AND PRACTICE RECOMMENDATIONS TO STRENGTHEN STEM LEARNING FOR ALL STUDENTS. ONE STRATEGY FOR ADDRESSING THIS GOAL IS THE CREATION OF DATA-DRIVEN "VITAL SIGNS" REPORTS ON DATA INDICATORS RELATED TO STEM LEARNING. THE REPORTS AIM TO EQUIP CTEQ MEMBER COMPANIES TO WORK WITH GOVERNORS AND OTHER STATE LEADERS TO STAND UP FOR POLICIES AND PRACTICES BASED ON DATA THAT PROMISE TO IMPROVE STEM LEARNING, BOTH IN AND OUT OF SCHOOL. THE FOCUS IS ON STUDENTS IN THE K-12 AGE RANGE. CURRENT PLANS HAVE THE VITAL SIGNS REPORTS COMING IN TWO PHASES.VITAL SIGNS REPORTS - PHASE I: IN APRIL 2011, CTEQ RELEASED A SET OF "VITAL SIGNS" REPORTS ON THE CONDITION OF STEM LEARNING IN ALL 50 STATES AND THE DISTRICT OF COLUMBIA. THOSE REPORTS COMPILED PUBLICLY-AVAILABLE DATA ON AREAS SUCH AS STUDENT ACHIEVEMENT IN MATH AND SCIENCE, THE QUALITY OF STATE STANDARDS, ACHIEVEMENT GAPS SEPARATING STUDENTS IN DIFFERENT ETHNIC GROUPS, GRADUATION RATES, PREPARATION FOR AND SUCCESS IN COLLEGE, THE QUALITY OF INSTRUCTION AND TEACHER PREPARATION. ALL 50 STATE GOVERNORS, THEIR CHIEF STATE SCHOOL OFFICERS, AND THE MAYOR OF THE DISTRICT OF COLUMBIA RECEIVED COPIES OF THEIR RESPECTIVE STATES' "VITAL SIGNS" REPORTS. EACH REPORT WAS ACCOMPANIED BY A LETTER, SIGNED BY CTEQ MEMBER COMPANY CEOS, URGING GOVERNORS TO RAISE EXPECTATIONS FOR STUDENTS IN MATH AND SCIENCE. (THE REPORTS REVEALED THAT MOST STATES SET A LOW BAR FOR PROFICIENCY ON THEIR STATE TESTS.)CTEQ MARKED THE RELEASE OF THE FIRST SET OF VITAL SIGNS WITH A PRESS BRIEFING FEATURING A PANEL OF HIGH PROFILE LEADERS IN BUSINESS, EDUCATION AND GOVERNMENT. THE EVENT RECEIVED WIDESPREAD COVERAGE FROM NATIONAL AND LOCAL MEDIA OUTLETS.CTEQ FOLLOWED UP ON THE EVENT BY HELPING CEOS IN ITS MEMBERSHIP URGE INDIVIDUAL GOVERNORS TO STAY COMMITTED TO HIGHER STANDARDS.VITAL SIGNS REPORTS - PHASE II: WITH FUNDING FROM THE BILL & MELINDA GATES FOUNDATION, CTEQ IS WORKING WITH THE AMERICAN INSTITUTES FOR RESEARCH (AIR) TO CREATE A SECOND ROUND OF MORE ROBUST STATE-BY-STATE "VITAL SIGNS" REPORTS. WE WILL RELEASE THESE REPORTS IN FALL 2012. OUR ANALYSIS IS YIELDING THE RICHEST, MOST COMPLETE STATE-BY-STATE INFORMATION ON STEM LEARNING EVER ASSEMBLED. THESE REPORTS COMBINE PUBLICLY AVAILABLE DATA WITH NEW DATA GLEANED FROM NEW SOURCES OR REANALYSIS OF DATA IN EXISTING SOURCES. THE DATA WILL BE AVAILABLE IN BRIEF PRINTED REPORTS AS WELL AS ON AN INTERACTIVE WEBSITE THAT WILL ALLOW VISITORS TO EXPLORE STATE-BY-STATE DATA IN MORE DEPTH.THE REPORTS WILL PRESENT DATA ON OUTCOMES (OR RESULTS SUCH AS TEST SCORES AND GRADUATION RATES), INPUTS (SUCH AS RESOURCES FOR EDUCATION) AND PROCESSES (SUCH AS TEACHER EDUCATION PRACTICES, CONTENT STANDARDS, ASSESSMENTS, ETC.). THEY WILL INCLUDE INFORMATION ON STATE POLICIES THAT CAN AFFECT STEM EDUCATION.AIR COMPLETED A PILOT ANALYSIS OF 15 STATES IN JANUARY 2012. REPORTS ON ALL STATES AND THE DISTRICT OF COLUMBIA WILL BECOME AVAILABLE IN AUGUST. EACH REPORT WILL BE ACCOMPANIED BY RECOMMENDATIONS FOR ACTIONS TO ADDRESS SHORTCOMINGS. IN DECEMBER, CTEQ RELEASED ALL OVER THE MAP, A REPORT ON STATES SCIENCE PROFICIENCY STANDARDS. THE REPORT FOUND THAT STATES' EXPECTATIONS FOR WHAT STUDENTS SHOULD KNOW AND BE ABLE TO DO IN 8TH GRADE SCIENCE WERE RADICALLY INCONSISTENT WITH ONE ANOTHER. WHATS WORSE, IT CONCLUDED THAT AT LEAST 15 STATES SET THE BAR FOR PROFICIENCY BELOW WHERE THE NATIONAL ASSESSMENT OF EDUCATIONAL PROGRESS SETS THE BAR FOR MERELY BASIC PERFORMANCE. MEDIA ACROSS THE COUNTRY TOOK NOTE OF THE REPORT, AS DID CTEQ MEMBER COMPANIES. LIKE THE FIRST PHASE OF VITAL SIGNS REPORTS, THESE REPORTS AIM TO ARM CTEQ MEMBER COMPANIES WITH THE DATA AND RECOMMENDATIONS THEY CAN USE IN HIGH-LEVEL CONVERSATIONS WITH GOVERNORS AND OTHER STATE LEADERS. AS SUCH, THEY WILL PRESENT RELEVANT, ACTIONABLE DATA IN A WAY THAT IS CLEAR AND ACCESSIBLE TO BOTH COMPANY REPRESENTATIVES AND STATE LEADERS. THEY WILL ALSO BE PITCHED TO A MUCH BROADER AUDIENCE. CTEQ WILL CREATE TOOLS AND OTHER GUIDANCE TO HELP COMPANIES USE THE REPORTS TO GREATEST EFFECT. UNDER THE GUIDANCE OF AN ADVOCACY COMMITTEE CONSISTING OF CTEQ MEMBERS, THE ORGANIZATION WILL ALSO DEVELOP AND CARRY OUT A STRATEGY FOR MOBILIZING MEMBER CEOS TO BECOME A MORE EFFECTIVE VOICE FOR IMPROVING STEM LEARNING AT THE STATE LEVEL.WE EXPECT THE "VITAL SIGNS" REPORTS TO BE A MAJOR CONTRIBUTION TO BOTH NATIONAL AND STATE-LEVEL INITIATIVES TO IMPROVE STEM LEARNING FOR ALL CHILDREN.CTEQ HOSTED A MAY 2012 FORUM TO INTRODUCE STATE TEAMS TO THE VITAL SIGNS PROJECT, EMERGING FINDINGS AND NEXT STEPS. THESE TEAMS, WHICH WILL CONSIST OF BUSINESS LEADERS, EDUCATORS AND STATE POLICYMAKERS, WILL OFFER GUIDANCE ON HOW TO MAKE THE REPORTS AS HELPFUL AS POSSIBLE TO THEIR EFFORTS TO IMPROVE STEM LEARNING. AFTER THE REPORTS RELEASE IN AUGUST, CTEQ WILL LIKELY CONVENE MEMBERS IN FURTHER MEETINGS TO HELP THEM UNDERSTAND THE FINDINGS, THOSE FINDINGS IMPLICATIONS, THE URGENCY OF STATE-LEVEL CHANGE, AND WHAT MEMBERS CAN DO TO IMPROVE THE SITUATION.CTEQ IS RELEASING SELECT PORTIONS OF ITS VITAL SIGNS WORK IN THE MONTHS LEADING UP TO THE AUGUST RELEASE. IN DECEMBER 2011, THE ORGANIZATION RELEASED A BRIEF REPORT ON STATES' WILDLY INCONSISTENT EXPECTATIONS FOR WHAT STUDENTS SHOULD KNOW AND BE ABLE TO DO IN 8TH GRADE SCIENCE. THE REPORT, WHICH SHOWED THAT MANY STATES WERE SETTING THE PASSING BAR ON STATE TESTS VERY LOW, GARNERED PRESS COVERAGE FROM MEDIA OUTLETS ACROSS THE COUNTRY; CTEQ PLANS TO RELEASE TWO MORE INTERIM REPORTS-ONE IN APRIL AND ANOTHER AT THE MEETING IN MAY-BEFORE THE FINAL RELEASE.IT IS POSSIBLE THAT CTEQ WILL CONTINUE WITH A SERIES OF VITAL SIGNS REPORTS, IF THE FIRST TWO ARE WELL-RECEIVED AND INFLUENTIAL AND FUNDING IS AVAILABLE. IT IS TOO EARLY TO KNOW FOR CERTAIN.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense167152Expense
DescriptionINSPIRING YOUNG PEOPLE INNOVATION ROADTRIP NATION: WE HAVE PARTNERED WITH ROADTRIP NATION, AN ACCLAIMED PROGRAM WHERE YOUTH CONNECT WITH PROFESSIONAL ROLE MODELS ACROSS THE COUNTRY AS THEY BEGIN TO CHART THEIR OWN PLANS FOR THE FUTURE. CTEQ AND ROADTRIP NATION WILL CREATE TEACHING MATERIALS AND A NATIONAL NETWORK OF CTEQ MEMBER EMPLOYEES WHO USE STEM IN THEIR JOBS. THIS NETWORK WILL REACH TENS OF THOUSANDS OF STUDENTS IN GRADES 6 THROUGH 9 NATIONWIDE AND OFFER CTEQ COMPANIES EXCITING OPPORTUNITIES TO GET INVOLVED.IN THE INITIATIVE, STUDENTS SET OUT ON FIGURATIVE AND LITERAL ROADTRIPS WHERE THEY LEARN ABOUT PROFESSIONS THAT REQUIRE STEM, IDENTIFY STEM PROFESSIONALS WHO LIVE LIVES THAT INTEREST THEM, AND THEN REACH OUT TO THOSE PROFESSIONALS FOR IN-DEPTH CONVERSATIONS WHERE PROFESSIONALS DESCRIBE THE STEPS THAT THEY TOOK TO STEM-RELATED CAREERS. THIS EXPERIENCE GIVES YOUTH (WHO MIGHT NEVER OTHERWISE MEET STEM PROFESSIONALS) THE CHANCE TO THINK CAREFULLY ABOUT THEIR FUTURES; GAIN FIRST-HAND ADVICE; LEARN HOW TO MAKE CONTACTS WITH ROLE MODELS; EXPLORE EXCITING OPPORTUNITIES IN STEM; AND DISCOVER HOW THEIR INTERESTS ALIGN WITH STEM PATHWAYS.ROADTRIP NATION: INNOVATION WILL PUBLICLY LAUNCH IN BACK TO SCHOOL 2012 WITH A HIGH-PROFILE LAUNCH EVENT AND CROSS-COUNTRY ROADTRIP, WHERE COLLEGE STUDENTS IN ROADTRIP NATIONS TRADEMARK GREEN RV VISIT SOME CTEQ MEMBER SITES AND FILM INTERVIEWS WITH CEOS AND OTHER EMPLOYEES. THESE INTERVIEWS WILL FORM THE BASIS OF ROBUST TEACHING MATERIALS TO PREPARE MIDDLE AND EARLY HIGH SCHOOL STUDENTS FOR THEIR OWN ROADTRIPS. OVER TWO YEARS, 20,000 YOUTH WILL TAKE PART IN FACE-TO-FACE INSTRUCTION LEADING TO IN-PERSON OR SKYPE INTERVIEWS. ANOTHER 50,000+ WILL EXPLORE AN ONLINE MODULE THAT COULD LEAD TO IN-PERSON OR SKYPE INTERVIEWS. CTEQ WILL CREATE A DIRECTORY OF THOUSANDS OF CTEQ COMPANY PROFESSIONALS THE YOUNG ROADTRIPPERS CAN REACH OUT TO.Description
FieldValueIRS element (for citing)
Total Program Service Expense1693898TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109630NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees7NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members7NbrVotingGoverningBodyMembers
Number Independent Voting Members7NumberIndependentVotingMembers
Family Or Business Relationship1FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body0Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1LINDA ROSENBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number2026265740TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11101 K STREET NW SUITE 610AddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code20005ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationKey EmployeeKeyEmployeeHighest Compensated EmployeeHighestCompensatedEmployee
CRAIG R BARRETT
CHAIR1.00XX000
SALLY RIDE
VICE-CHAIR1.00XX000
GLENN A BRITT
TREASURER1.00XX000
URSULA BURNS
DIRECTOR1.00X000
ANTONIO M PEREZ
DIRECTOR1.00X000
REX W TILLERSON
DIRECTOR1.00X000
WILLIAM GREEN
DIRECTOR1.00X000
LINDA ROSEN
CHIEF EXECUTIVE OFFICER40.00300000011210X
ROBERT W RICHARDSON
DIRECTOR OF MEMBER RELATIONS40.00154212012805X
CLAUS E VON ZASTROW
CHIEF OPERATING OFFICER40.00137154017128X
FieldValueIRS element (for citing)
Total Reportable Comp From Org591366TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation41143TotalOtherCompensation
Number Individuals GT100 K3NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1AMERICAN INSTITUTES FOR RESEARCHBusinessNameLine1

Address Of Contractor AddressOfContractor

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11000 THOMAS JEFFERSON STREET NWAddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code20007ZIPCode
FieldValueIRS element (for citing)
Description Of ServicesCONSULTINGDescriptionOfServices
Compensation249909Compensation
FieldValueIRS element (for citing)
Number Of Contractors GT100 K1NumberOfContractorsGT100K
Membership Dues3473333MembershipDues
All Other Contributions15219AllOtherContributions
Noncash Contributions2000NoncashContributions
Total Contributions3488552TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column15TotalRevenueColumn
Exclusion$15ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column3488567TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$15ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total470471Total
Program Services435494ProgramServices
Management And General32157ManagementAndGeneral
Fundraising2820Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total403156Total
Program Services361204ProgramServices
Management And General30779ManagementAndGeneral
Fundraising11173Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total8140Total
Program Services6912ProgramServices
Management And General917ManagementAndGeneral
Fundraising311Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total33108Total
Program Services28114ProgramServices
Management And General3728ManagementAndGeneral
Fundraising1266Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total48557Total
Program Services41235ProgramServices
Management And General5466ManagementAndGeneral
Fundraising1856Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total500Total
Management And General500ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total14722Total
Program Services5615ProgramServices
Management And General8952ManagementAndGeneral
Fundraising155Fundraising

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total43614Total
Management And General43614ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total505391Total
Program Services488236ProgramServices
Management And General17114ManagementAndGeneral
Fundraising41Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total6194Total
Program Services5505ProgramServices
Management And General593ManagementAndGeneral
Fundraising96Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total84237Total
Program Services74861ProgramServices
Management And General8070ManagementAndGeneral
Fundraising1306Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total186204Total
Program Services165477ProgramServices
Management And General17839ManagementAndGeneral
Fundraising2888Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total28015Total
Program Services24897ProgramServices
Management And General2684ManagementAndGeneral
Fundraising434Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total10949Total
Program Services10486ProgramServices
Management And General463ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total23679Total
Program Services21043ProgramServices
Management And General2269ManagementAndGeneral
Fundraising367Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total1131Total
Program Services1005ProgramServices
Management And General108ManagementAndGeneral
Fundraising18Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
PRINTING & PRODUCTION139226473741732
TELEPHONE & INTERNET92418213885143
POSTAGE & SHIPPING6587617539517
MEMBERSHIP DUES3323295331852

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total1901141Total
Program Services1693898ProgramServices
Management And General184268ManagementAndGeneral
Fundraising22975Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY1637408BOY
EOY5210088EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY2050422BOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY527915BOY
EOY50300EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY26445BOY
EOY89555EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY3024BOY
EOY10526EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis94725LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec20920LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY28520BOY
EOY73805EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY74762BOY
EOY71447EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY21307BOY
EOY386EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY4369803BOY
EOY5506107EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY94047BOY
EOY115842EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY2441250BOY
EOY1968333EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY2535297BOY
EOY2084175EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY836385BOY
EOY2744306EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY998121BOY
EOY677626EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1834506BOY
EOY3421932EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY4369803BOY
EOY5506107EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses1587426ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year2889285CurrentTaxYearMinus1Year
Current Tax Year3488552CurrentTaxYear
Total6377837Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year2889285CurrentTaxYearMinus1Year
Current Tax Year3488552CurrentTaxYear
Total6377837Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total2353516AmountsSubstContributorsTotal
Public Support Total1704024321PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year426CurrentTaxYearMinus1Year
Current Tax Year15CurrentTaxYear
Total441Total
FieldValueIRS element (for citing)
Total Support6378278TotalSupport
Public Support Pertcentage1700.63090PublicSupportPertcentage170
Public Support Pertcent Prior Year0.43460PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis94725OtherCostOrOtherBasis
Depreciation20920Depreciation
Book Value73805BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings73805TotalOfBookValueLandBuildings
Total Revenue3488567TotalRevenue
Total Expenses1901141TotalExpenses
Excess Or Deficit For Year1587426ExcessOrDeficitForYear
Excess Or Deficit Per FS1587426ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt3489167TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities600DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F990600RevenueNotRptdF990
Revenue Subtotal3488567RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form9903488567TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt1901741TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities600DonatedServicesUseOfFacilities
Expenses Not Rptd F990600ExpensesNotRptdF990
Expenses Subtotal1901141ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form9901901141TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

FieldValueIRS element (for citing)
IdentifierDESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:Identifier
Return ReferencePART X:ReturnReference
ExplanationIN JUNE 2006, THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED FASB ASC NO. 740-10 [FORMERLY INTERPRETATION NO. 48 (FIN 48)], ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH IS AN INTERPRETATION OF ASC 740'S (FORMERLY SFAS NO. 109), ACCOUNTING FOR INCOME TAXES. FASB ASC NO. 740-10 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN CTEQ'S FINANCIAL STATEMENTS IN ACCORDANCE WITH ASC 740,S AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC NO. 740-10 REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING CTEQ'S TAX RETURN TO DETERMINE WHETHER THE TAX POSITIONS HAVE A "MORE-LIKELY-THAN-NOT" PROBABILITY OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS DEEMED TO MEET THE "MORE-LIKELY-THAN-NOT" THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. FASB ASC NO. 740-10 ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. ANY CUMULATIVE EFFECT FROM THE CHANGE IN ACCOUNTING PRINCIPLE RESULTING FROM THE APPLICATION OF FASB ASC NO. 740-10 IS TO BE RECOGNIZED AS AN ADJUSTMENT TO OPENING NET ASSETS. CTEQ BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantXIndependentConsultant
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
LINDA ROSEN
2500000500000001100002100311210000
ROBERT W RICHARDSON
154212000004638081670167017000
CLAUS E VON ZASTROW
137154000008229088990154282000

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Return ReferenceReturnReferenceExplanationExplanation
FORM 990, PART VI, SECTION A, LINE 2GLENN BRITT AND URSULA BURNS - BUSINESS RELATIONSHIP
FORM 990, PART VI, SECTION B, LINE 11AFTER APPROVAL BY CHANGE THE EQUATION'S CEO AND COO/DIRECTOR OF RESEARCH, CTEQ'S FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CEVERY CTEQ BOARD MEMBER AND OFFICER ANNUALLY SIGNS A STATEMENT AFFIRMING THAT HE OR SHE (I.) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY AND (II.) WILL COMPLY WITH THE POLICY. WITH RESPECT TO ANY BOARD DISCUSSION OR DECISION INVOLVING MATTERS COVERED BY THIS POLICY, THE MINUTES OF THE BOARD MEETING AT WHICH SUCH DISCUSSION OR DECISION TAKE PLACE MUST REFLECT IN DETAIL THE BOARD DELIBERATIONS AND THE VOTING PROCESS, SPECIFICALLY INDICATING THAT THE DIRECTOR OR OFFICER WHOSE SITUATION WAS CONSIDERED WAS NOT PRESENT IN THE ROOM EITHER DURING THE DISCUSSION OR FOR THE VOTE. IN ADDITION, ANY MARKET DATA OR INFORMATION CONSIDERED BY THE BOARD IN APPROVING OR DISAPPROVING A PROPOSED TRANSACTION COVERED BY THIS POLICY MUST BE ATTACHED TO THE MINUTES OF THE BOARD MEETING AT WHICH SUCH CONSIDERATION TOOK PLACE.
FORM 990, PART VI, SECTION B, LINE 15THE FOUNDING MEMBERS OF CTEQ RETAINED THE SERVICES OF TERRA SEARCH PARTNERS, AN EXECUTIVE SEARCH FIRM HEADQUARTERED IN CALIFORNIA. PART OF THE PRACTICE OF THIS SEARCH FIRM INCLUDES NON-PROFITS; THE PERSON LEADING THE SEARCH FOR CTEQ PRESENTED COMPARABLE SALARY DATA FOR THE CEO POSITION TO THE FOUNDING MEMBERS, WHO SETTLED ON THE FINAL AMOUNT. THE GATES FOUNDATION DONATED THE SERVICES OF THE MONITOR GROUP TO HELP CONCEPTUALIZE STAFFING NEEDS OF THE NEW ORGANIZATION AND RECOMMENDED ASSOCIATED COMPENSATION FOR EACH POSITION. ONCE THE BENCHMARK SALARY LEVEL WAS SET FOR THE CEO, RECOMMENDATIONS FROM THE MONITOR GROUP, EXPERIENCE AND EXISTING COMPENSATION LEVELS OF THE INDIVIDUALS BEING HIRED WERE CONSIDERED IN MAKING SALARY OFFERS.
FORM 990, PART VI, SECTION C, LINE 19CTEQ MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. IN ADDITION, CHANGE THE EQUATION WILL MAINTAIN ITS FORM 990 IN GUIDESTAR'S DATABASE OF INFORMATION ON NON-PROFIT ORGANIZATIONS.

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