MODERN STATES EDUCATION ALLIANCE INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MODERN STATES EDUCATION ALLIANCE INC (EIN 47-1018924)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202423199349102827
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- General Explanation Attachment
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T12:48:01-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 WOOD AVENUE SOUTH | AddressLine1Txt |
| City | ISELIN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08830 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 471018924 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Modern States Education Alliance Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ADAM WEINSTEIN | InCareOfNm |
| Business Name Control | MODE | BusinessNameControlTxt |
| Phone | 2127200345 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1633 Broadway 47th Fl | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEVEN B KLINSKY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2127733000 | PhoneNum |
| Signature | 2024-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | michael sales | PreparerPersonNm |
| PTIN | P01770943 | PTIN |
| Phone | 7325164200 | PhoneNum |
| Preparation | 2024-11-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,914,057 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $8,108,324 | ContriRcvdRevAndExpnssAmt |
| Total Rev And Expnss | $8,108,324 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $0 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $474,335 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $474,335 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $77,217 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $77,217 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $16,860 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $16,860 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $134,634 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $100,565 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $647,210 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $664,877 | OtherProfFeesDsbrsChrtblAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $20,102 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $17,072 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $1,729 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $1,729 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $959,952 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $1,140,228 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,332,039 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,492,883 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,902,182 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,066,357 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,234,221 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,559,240 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,874,103 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $119,758 | CashBOYAmt |
| Cash EOY | $2,096,734 | CashEOYAmt |
| Cash EOYFMV | $2,096,734 | CashEOYFMVAmt |
| Acct Rcvbl | $486,755 | AcctRcvblAmt |
| Acct Rcvbl BOY | $10,000 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $486,755 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $486,755 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $1,827 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $194,854 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $194,854 | PrepaidExpensesEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $135,714 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $0 | LandBOYAmt |
| Land EOY | $135,714 | LandEOYAmt |
| Land EOYFMV | $135,714 | LandEOYFMVAmt |
| Total Assets BOY | $131,585 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,914,057 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,914,057 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $727,954 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $640,197 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $8,144 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $4,270 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $736,098 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $644,467 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | -$944,951 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $1,278,715 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $340,438 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $990,875 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | -$604,513 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,269,590 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $131,585 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,914,057 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | -$604,513 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,874,103 | ExcessRevenueOverExpensesAmt |
| Subtotal | $2,269,590 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $2,269,590 | TotNetAstOrFundBalancesEOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cap Gains Loss Tx Invst Incm Detail | CapGainsLossTxInvstIncmDetail |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $0 | SubtotalAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Tax Due | $0 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.MODERNSTATES.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ADAM WEINSTEIN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2122204247 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1633 BROADWAY 47TH FL | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| STEVEN B KLINSKY | |||||||||
| C/O New Mountain Capital | 1633 Broadway 47th Fl | NEW YORK | NY | 10019 | president & CEO | 5.0 | $0 | $0 | $0 |
| DAVID VISE | |||||||||
| C/O New Mountain Capital | 1633 Broadway 47th Fl | NEW YORK | NY | 10019 | DIRECTOR | 24.0 | $0 | $0 | $0 |
| adam weinstein | |||||||||
| C/O New Mountain Capital | 1633 Broadway 47th Fl | NEW YORK | NY | 10019 | director | 0.1 | $0 | $0 | $0 |
| maureen sherry | |||||||||
| C/O New Mountain Capital | 1633 Broadway 47th Fl | NEW YORK | NY | 10019 | director | 0.1 | $0 | $0 | $0 |
| steven reiss | |||||||||
| C/O New Mountain Capital | 1633 Broadway 47th Fl | NEW YORK | NY | 10019 | director | 0.1 | $0 | $0 | $0 |
| adele malpass | |||||||||
| C/O New Mountain Capital | 1633 Broadway 47th Fl | NEW YORK | NY | 10019 | director | 0.1 | $0 | $0 | $0 |
| elizabeth dennis | |||||||||
| C/O New Mountain Capital | 1633 Broadway 47th Fl | NEW YORK | NY | 10019 | director | 0.1 | $0 | $0 | $0 |
| lawrence jackson | |||||||||
| C/O New Mountain Capital | 1633 Broadway 47th Fl | NEW YORK | NY | 10019 | director | 0.1 | $0 | $0 | $0 |
| tom luce | |||||||||
| C/O New Mountain Capital | 1633 Broadway 47th Fl | NEW YORK | NY | 10019 | director (through 1/23) | 0.1 | $0 | $0 | $0 |
| FRED SALERNO | |||||||||
| C/O New Mountain Capital | 1633 Broadway 47th Fl | NEW YORK | NY | 10019 | DIRECTOR | 0.1 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| JEFFERSON PESTRONK | ||||||||
| 1633 BROADWAY 47TH FL | NEW YORK | NY | 10019 | EXECUTIVE DIRECTOR | 40.0 | $134,050 | $6,317 | $0 |
| WITHNEY MACDONALD | ||||||||
| 1633 BROADWAY 47TH FL | NEW YORK | NY | 10019 | SENIOR DIRECTOR | 40.0 | $110,000 | $12,399 | $0 |
| EMILY FAWTHROP | ||||||||
| 1633 BROADWAY 47TH FL | NEW YORK | NY | 10019 | OPERATIONS MANAGER | 40.0 | $96,478 | $12,393 | $0 |
| KATHLEEN ESTRADA | ||||||||
| 1633 BROADWAY 47TH FL | NEW YORK | NY | 10019 | OPERATIONS ASSISTANT | 40.0 | $59,437 | $131 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SHAPIRO CONSULTING | |||||
| 3000 WHITNEY AVENUE SUITE 345 | HAMDEN | CT | 06518 | CONSULTING SVCS | $135,669 |
| AMIGOT CORP | |||||
| 1 Broad Street Unit 14C | STAMFORD | CT | 06901 | TECH SUPPORT SVCS | $120,000 |
| D2L Ltd | |||||
| 210 West Pennsylvania Avenue Suite | TOWSON | MD | 21204 | TECH SUPPORT SVCS | $135,669 |
| SPENCER STUART | |||||
| 677 Washington Blvd Ste 901 | STAMFORD | CT | 06901 | RECRUITING SVCS | $110,000 |
| CHRISTINE MAYER | |||||
| 1633 BROADWAY 47TH FL | NEW YORK | NY | 10019 | PROGRAM SUPPORT SVCS | $80,786 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | SEE ATTACHMENT | Description1Txt |
| Expenses1 | $5,559,240 | Expenses1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $441,187 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $441,187 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $441,187 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $6,618 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $434,569 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $21,728 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,559,240 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $135,714 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $5,694,954 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2019-05-08 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $5,694,954 | CurrentYearAmt |
| Year1 | $3,272,821 | Year1Amt |
| Year2 | $3,046,589 | Year2Amt |
| Year3 | $1,956,940 | Year3Amt |
| Total | $13,971,304 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Qualifying Distri Not Used Drt | QualifyingDistriNotUsedDrtGrp |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $5,694,954 | CurrentYearAmt |
| Year1 | $3,272,821 | Year1Amt |
| Year2 | $3,046,589 | Year2Amt |
| Year3 | $1,956,940 | Year3Amt |
| Total | $13,971,304 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Assets | TotalAssetsGrp |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $14,485 | CurrentYearAmt |
| Year1 | $12,433 | Year1Amt |
| Year2 | $9,280 | Year2Amt |
| Year3 | $14,486 | Year3Amt |
| Total | $50,684 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STEVEN B KLINSKY | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Jefferson Pestronk | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1633 Broadway 47th Fl | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2125479877 | RecipientPhoneNum |
| Form And Info And Materials | THE REIMBURSEMENTS ARE SENT THROUGH THE WEBSITE HTTPS://MODERNSTATES.ORG/ - STUDENTS MUST PROVIDE THEIR SCORE FOR THE EXAM AND THE RECEIPT FOR THE TEST CENTER FEES THAT THEY PAID. THE SCORE IS ONLY USED TO VERIFY THE STUDENT ACTUALLY TOOK THE EXAM. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | THERE ARE NO SUBMISSION DEADLINES. | SubmissionDeadlinesTxt |
| Restrictions On Awards | N/A | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Clep exam fee program - Individual Recipients | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1633 Broadway 47th Fl | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | I | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | Reimbursement to approximately 43,268 individuals for CLEP Exam fees incurred during 2023. | GrantOrContributionPurposeTxt |
| Amt | $3,066,357 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,066,357 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp | |
| Dividends And Interest From Sec Dtl | DividendsAndInterestFromSecDtl | |
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp | |
| Gain Sales Ast Oth Than Invntry | GainSalesAstOthThanInvntryGrp | |
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp | |
| Subtotals Incm Producing Acty | SubtotalsIncmProducingActyGrp |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (7 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| Steven Klinsky | ||||||
| 1 | 1107 5th Ave 14N | new york | NY | 10128 | $7,050,000 | Yes (X) |
| Mother Cabrini Health Foundation | ||||||
| 2 | 777 3rd Ave Ste 2301 | new york | NY | 10017 | $600,000 | Yes (X) |
| CARNEGIE CORPORATION OF NEW YORK | ||||||
| 3 | 437 MADISON AVENUE | New York | NY | 10022 | $300,000 | Yes (X) |
| The Center for Education Reform | ||||||
| 4 | 1455 Pennsylvania Ave NW Suite 250 | Washington | DC | 20004 | $100,000 | Yes (X) |
| Elizabeth Dennis | ||||||
| 5 | 1633 Broadway 47th Fl | New York | NY | 10019 | $25,000 | Yes (X) |
| Lawrence Jackson | ||||||
| 6 | 1633 Broadway 47th Fl | New York | NY | 10019 | $25,000 | Yes (X) |
| David Adele Malpass | ||||||
| 7 | 1633 Broadway 47th Fl | New York | NY | 10019 | $5,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| ACCOUNTING FEES | $60,432 | $60,432 |
| AUDIT SERVICE FEES | $41,029 | $0 |
| TAX PREPARATION FEES | $33,173 | $40,133 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | SOFWTARE | PropertyDesc |
| Cost Or Other Basis | $0 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $0 | PriorYearDepreciationAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FORM 990-PF, PART VIII-A - DIRECT CHARITABLE ACTIVITIES | IdentifierTxt |
| Form And Line Reference | FORM 990-PF, PART VIII-A - DIRECT CHARITABLE ACTIVITIES | FormAndLineReferenceDesc |
| Medium Explanation | MODERN STATES EDUCATION ALLIANCE IS A NON-PROFIT DEDICATED TO MAKING A HIGH-QUALITY COLLEGE EDUCATION FREE OF COST AND ACCESSIBLE TO ANY PERSON WHO SEEKS ONE. ITS FOUNDING PRINCIPLE IS THAT ACCESS TO AFFORDABLE EDUCATION IS FUNDAMENTAL TO ANY PHILOSOPHY THAT RESPECTS ALL INDIVIDUALS, AND FUNDAMENTAL TO THE AMERICAN DREAM. MODERN STATES INITIAL PROGRAM, FRESHMAN YEAR FOR FREE, IS INTENDED TO LET STUDENTS COMPLETE ONE YEAR OF COLLEGE WITHOUT EXPENSE, SAVING 25 PERCENT OF THE TOTAL COST OF TUITION. MODERN STATES OVERSAW DEVELOPMENT OF 32 ONLINE CLEP (COLLEGE LEVEL EXAMINATION PROGRAM) COURSES, ALL TAUGHT BY COLLEGE PROFESSORS FROM OUTSTANDING UNIVERSITIES. THE CURRICULUM FOR THESE COURSES WAS DEVELOPED BY THE PROFESSORS IN CONSULTATION WITH IBL, AN EDUCATION, MEDIA, AND TECHNOLOGY FIRM. THE COURSES ARE DESIGNED TO PROVIDE A THOROUGH UNDERSTANDING OF COLLEGE-LEVEL FRESHMAN COURSES AND GEARED TO HELP STUDENTS OF ALL AGES PASS CLEP EXAMS. THE COURSES WILL PREPARE STUDENTS FOR THE MAJOR "ADVANCED PLACEMENT" (AP)* OR "COLLEGE LEVEL EXAMINATION PROGRAM" (CLEP)* TESTS OFFERED BY THE COLLEGE BOARD. HISTORY, COMPUTER SCIENCE, MATH, ENGLISH, AND ECONOMICS ARE AMONG THE SUBJECTS BEING OFFERED. ACCORDING TO THE COLLEGE BOARD, MORE THAN 2,000 COLLEGES AND UNIVERSITIES OFFER CREDIT TO STUDENTS WHO PASS AP AND CLEP TESTS. STUDENTS MAY EARN A FEW CREDITS OR ENOUGH TO ACHIEVE SOPHOMORE STANDING, MAKING MODERN STATES AN ON-RAMP TO COLLEGE. TO SUPPORT STUDENTS, MODERN STATES HOPES TO PROVIDE ACCESS TO TUTORING AND MENTORING. MODERN STATES IS NOT IN OPPOSITION TO ANY TRADITIONAL COLLEGE AND RECOGNIZES THAT A FOUR-YEAR RESIDENTIAL EXPERIENCE AT AN ESTABLISHED UNIVERSITY IS THE PREFERRED ALTERNATIVE. HOWEVER, SUCH AN OPPORTUNITY IS OUT OF REACH FOR MANY, GIVEN THE HIGH COST OF TUITION AND OTHER FACTORS. ENROLLMENT IN MODERN STATES COURSES WILL BE "MASSIVELY OPEN" TO ALL PEOPLE WITHOUT REGARD TO AGE, LOCATION, FAMILY INCOME, OR OTHER FACTORS, AND WILL PROVIDE A CRTICIAL "ROAD BACK" FOR STUDENTS WHO HAVE NOT BEEN ABLE TO MEET THE TRADITIONAL PATH OF THE U.S. COLLEGE SYSTEM. THIS INITIATIVE IS MADE POSSIBLE THROUGH A GIFT FROM THE FAMILY OF STEVEN KLINSKY, FOUNDER OF MODERN STATES, AS WELL AS GIFTS FROM OTHER FOUNDATIONS. *ADVANCED PLACEMENT, AP AND CLEP ARE REGISTERED TRADEMARKS OF THE COLLEGE BOARD, WHICH WAS NOT INVOLVED IN THE PRODUCTION OF, AND DOES NOT ENDORSE, THESE OFFERINGS. During 2023, the Foundation provided reimbursement for the CLEP Fee Program to 43,268 students. | MediumExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $16,860 | LegalFeesAmt |
| Disbursements Charitable Prps | $16,860 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (16 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| INTERNET SERVICES & TOOLS | $230,914 | $419,107 |
| TEST CENTER REIMBURSEMENTS | $220,143 | $234,827 |
| REMOTE PROCTORING | $143,660 | $124,050 |
| PROGRAM STIPEND FEES | $110,232 | $110,866 |
| MARKETING | $101,681 | $98,056 |
| DUES & SUBSCRIPTIONS | $57,797 | $57,797 |
| MENTORING & TUTORING FEES | $57,580 | $57,580 |
| PROCESSING FEES | $14,786 | $14,786 |
| BANK FEES | $9,991 | $9,991 |
| MISCELLANEOUS EXPENSES | $9,958 | $9,958 |
| SUPPLIES | $1,224 | $1,224 |
| INSURANCE EXPENSE | $847 | $847 |
| FILING FEES | $743 | $743 |
| POSTAGE AND SHIPPING | $206 | $206 |
| MAILING EXPENSES | $138 | $138 |
| OTHER PROGRAM EXPENSES | $52 | $52 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| CONSULTANT FEES | $537,210 | $554,877 |
| EXECUTIVE RECRUITMENT | $110,000 | $110,000 |