INSIDE TRACK INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- INSIDE TRACK INC (EIN 84-3640492)
- Tax period
- 2020-01-28 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202143199349304839
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T09:27:50-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | 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 | DELOITE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 MONUMENT CIRCLE SUITE 4200 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 462045108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-28 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 843640492 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INSIDE TRACK INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INSI | BusinessNameControlTxt |
| Phone | 8008846371 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 WEST MARKET STREET SUITE 1100 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS R ERTEL | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 8008846371 | PhoneNum |
| Signature | 2021-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | THOMAS | PersonFirstNm |
| Person Last | ERTEL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SAMANTHA BOKORI | PreparerPersonNm |
| PTIN | P01057347 | PTIN |
| Phone | 3174648600 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Initial Return | Yes (X) | InitialReturnInd |
| Principal Officer | RUTH WHITE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 WEST MARKET STREET SUITE 1100 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $19,614,456 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.INSIDETRACK.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2019 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | INSIDE TRACK, INC. WILL (1) PROVIDE MULTIFACETED COACHING TO PROSPECTIVE AND CURRENT STUDENTS TO IMPROVE COLLEGE ENROLLMENT, RETENTION, AND GRADUATION; (2) INSTRUCT AND TRAIN COLLEGE AND UNIVERSITY ADMINISTRATORS ON HOW TO COACH STUDENTS FOR ACADEMIC AND CAREER SUCCESS; AND (3) CONDUCT RESEARCH AND PUBLISH REPORTS ON THE IMPACT OF STUDENT SUCCESS COACHING ON ENROLLMENT, PERSISTENCE, AND CAREER-READINESS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 185 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $1,120,000 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $18,465,430 | CYProgramServiceRevenueAmt |
| CY Investment Income | $29,026 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| CY Total Revenue | $19,614,456 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $7,764 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $14,274,831 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $752,867 | CYTotalFundraisingExpenseAmt |
| CY Other Expenses | $7,612,255 | CYOtherExpensesAmt |
| CY Total Expenses | $21,894,850 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | -$2,280,394 | CYRevenuesLessExpensesAmt |
| Total Assets EOY | $23,220,663 | TotalAssetsEOYAmt |
| Total Liabilities EOY | $6,805,577 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances EOY | $16,415,086 | NetAssetsOrFundBalancesEOYAmt |
| Mission | INSIDE TRACK, INC. IS A NONPROFIT EDUCATIONAL ORGANIZATION FOCUSED ONPROMOTING STUDENT SUCCESS, INCREASING COLLEGE COMPLETION, AND DEVELOPING CAREER PATHWAYS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $11,783,340 | ExpenseAmt |
| Grant | $7,764 | GrantAmt |
| Revenue | $15,176,331 | RevenueAmt |
| Desc | INSIDE TRACK, INC. IMPLEMENTS COACHING (I.E., TRAINING AN INDIVIDUAL FOR THE PURPOSE OF IMPROVING OR DEVELOPING HER CAPABILITIES) PROGRAMS THAT IMPROVE EDUCATIONAL OUTCOMES FOR MANY KINDS OF STUDENTS, INCLUDING ADULT, DISTANCE, MILITARY, AND UNDERREPRESENTED STUDENTS. COACHING ACTIVITIES INCLUDE FACE-TO-FACE COACHING AT EDUCATIONAL INSTITUTIONS AND REMOTE COACHING BY PHONE, EMAIL, AND VIRTUAL COMMUNICATION METHODS TO INCREASE THE ACCESSIBILITY OF COACHING TO DISTANCE, ADULT, MILITARY, AND OTHER LEARNERS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,586,587 | ExpenseAmt |
| Revenue | $3,289,099 | RevenueAmt |
| Desc | INSIDE TRACK, INC. PROVIDES INSTRUCTION TO EDUCATIONAL INSTITUTIONS ON HOW TO COACH STUDENTS, INCLUDING HOW TO DEVELOP COACHING MODELS TAILORED TO KEY STUDENT POPULATIONS SUCH AS MILITARY, DISTANCE, AND UNDERREPRESENTED STUDENTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $14,369,927 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | 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 | 0 | 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 With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | 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 | 2 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 185 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELENA WEALTY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3178061200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 WEST MARKET STREET SUITE 1100 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| PETER WHEELAN | |||||||||
| PRESIDENT | 39.00 | 1.00 | Yes (X) | Yes (X) | $502,537 | $0 | $309,813 | ||
| LARRY LUTZ | |||||||||
| BOARD MEMBER | 1.00 | 39.00 | Yes (X) | $0 | $544,107 | $70,625 | |||
| ERIN ROTH | |||||||||
| BOARD MEMBER | 1.00 | 39.00 | Yes (X) | $0 | $505,754 | $75,675 | |||
| THOMAS DAWSON | |||||||||
| BOARD MEMBER | 1.00 | 39.00 | Yes (X) | $0 | $496,578 | $73,375 | |||
| SCOTT FLEMING | |||||||||
| BOARD MEMBER | 1.00 | 39.00 | Yes (X) | $0 | $472,342 | $70,625 | |||
| THOMAS R ERTEL | |||||||||
| TREASURER | 1.00 | 39.00 | Yes (X) | $0 | $404,698 | $47,648 | |||
| BRIAN CO | |||||||||
| SVP PRODUCT STUDIO | 40.00 | 0.00 | $314,463 | $0 | $38,267 | Yes (X) | |||
| KAI DREKMEIER | |||||||||
| VICE PRESIDENT | 40.00 | 0.00 | Yes (X) | $295,668 | $0 | $35,637 | |||
| RUTH WHITE | |||||||||
| PRESIDENT (BEG 9/1/2020) | 39.00 | 1.00 | Yes (X) | $291,132 | $0 | $22,429 | |||
| STEPHEN AST | |||||||||
| SVP PARTNER SUCCESS | 40.00 | 0.00 | $274,529 | $0 | $25,639 | Yes (X) | |||
| CHRISTINA CLARK | |||||||||
| SECRETARY | 1.00 | 39.00 | Yes (X) | $0 | $273,374 | $25,709 | |||
| JOSEPH DONATO | |||||||||
| VP HUMAN RESOURCES | 39.00 | 1.00 | Yes (X) | $267,324 | $0 | $25,071 | |||
| DAVID JARRAT | |||||||||
| SVP STRAT ENG. & GROWTH | 40.00 | 0.00 | $278,835 | $0 | $11,082 | Yes (X) | |||
| MICHAEL PROSPER | |||||||||
| VP PRODUCT DEVELOPMENT | 40.00 | 0.00 | $226,214 | $0 | $48,538 | Yes (X) | |||
| CARRIE ELLEN CENIS-LOCKHERT | |||||||||
| ASSOC. VP PARTNER SUCCESS | 40.00 | 0.00 | $202,571 | $0 | $6,860 | Yes (X) | |||
| RIIKKA MARR | |||||||||
| SENIOR DIRECTOR FINANCE | 40.00 | 0.00 | $151,680 | $0 | $6,000 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,804,953 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,696,853 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $892,993 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 42 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|
| RUBIKAL | ||||||||
| 696 HOREYA ROAD | ALEXANDRIA | EG | IT CONSULTING SERVICES | $1,398,167 | ||||
| TCWGLOBAL | ||||||||
| WORKFORCE MANAGEMENT | $830,780 | 9475 CHESAPEAKE DRIVE | SAN DIEGO | CA | 92123 | |||
| SILICON VALLEY BANK | ||||||||
| CREDIT CARD SERVICES | $548,067 | 185 BERRY STREET | SAN FRANCISCO | CA | 94107 | |||
| KONTRAST | ||||||||
| JURIJA GAGARINA 30V/13 | BELGRADE | RI | IT CONSULTING SERVICES | $438,374 | ||||
| AMAZON WEB SERVICES INC | ||||||||
| WEB SERVICES | $331,353 | 410 TERRY AVE N | SEATTLE | WA | 981095210 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $610,000 | RelatedOrganizationsAmt |
| All Other Contributions | $510,000 | AllOtherContributionsAmt |
| Total Contributions | $1,120,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COACHING REVENUE | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $18,465,430 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,465,430 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $18,465,430 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $29,026 | TotalRevenueColumnAmt |
| Exclusion | $29,026 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,614,456 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,465,430 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $29,026 | 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 | $7,764 | TotalAmt |
| Program Services | $7,764 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,558,963 | TotalAmt |
| Management And General | $1,558,963 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,745,166 | TotalAmt |
| Program Services | $6,515,503 | ProgramServicesAmt |
| Management And General | $2,771,046 | ManagementAndGeneralAmt |
| Fundraising | $458,617 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,813,129 | TotalAmt |
| Program Services | $1,212,236 | ProgramServicesAmt |
| Management And General | $515,565 | ManagementAndGeneralAmt |
| Fundraising | $85,328 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,157,573 | TotalAmt |
| Program Services | $773,940 | ProgramServicesAmt |
| Management And General | $329,157 | ManagementAndGeneralAmt |
| Fundraising | $54,476 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,438 | TotalAmt |
| Management And General | $15,438 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,685,532 | TotalAmt |
| Program Services | $2,548,882 | ProgramServicesAmt |
| Management And General | $67,248 | ManagementAndGeneralAmt |
| Fundraising | $69,402 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $189,699 | TotalAmt |
| Program Services | $127,936 | ProgramServicesAmt |
| Management And General | $58,454 | ManagementAndGeneralAmt |
| Fundraising | $3,309 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,219 | TotalAmt |
| Program Services | $3,520 | ProgramServicesAmt |
| Management And General | $1,608 | ManagementAndGeneralAmt |
| Fundraising | $91 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,160,593 | TotalAmt |
| Program Services | $788,848 | ProgramServicesAmt |
| Management And General | $352,102 | ManagementAndGeneralAmt |
| Fundraising | $19,643 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $559,782 | TotalAmt |
| Program Services | $377,527 | ProgramServicesAmt |
| Management And General | $172,491 | ManagementAndGeneralAmt |
| Fundraising | $9,764 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,843 | TotalAmt |
| Program Services | $88,917 | ProgramServicesAmt |
| Management And General | $40,626 | ManagementAndGeneralAmt |
| Fundraising | $2,300 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,096 | TotalAmt |
| Program Services | $103,251 | ProgramServicesAmt |
| Management And General | $47,175 | ManagementAndGeneralAmt |
| Fundraising | $2,670 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,247 | TotalAmt |
| Program Services | $3,538 | ProgramServicesAmt |
| Management And General | $1,617 | ManagementAndGeneralAmt |
| Fundraising | $92 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,427,702 | TotalAmt |
| Program Services | $1,637,287 | ProgramServicesAmt |
| Management And General | $748,071 | ManagementAndGeneralAmt |
| Fundraising | $42,344 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $147 | TotalAmt |
| Program Services | $99 | ProgramServicesAmt |
| Management And General | $45 | ManagementAndGeneralAmt |
| Fundraising | $3 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STATE TAXES | $249,402 | $168,202 | $76,850 | $4,350 |
| DUES & ASSOCIATION FEES | $19,589 | $6,306 | $12,963 | $320 |
| EMPLOYEE APPRECIATION | $8,966 | $6,171 | $2,637 | $158 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,894,850 | TotalAmt |
| Program Services | $14,369,927 | ProgramServicesAmt |
| Management And General | $6,772,056 | ManagementAndGeneralAmt |
| Fundraising | $752,867 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $3,919,923 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $3,376,393 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $51,240 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,538,761 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,880,318 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $658,443 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $13,742,331 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,472,333 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $23,220,663 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $4,303,823 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,382,470 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,119,284 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $6,805,577 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $16,415,086 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $16,415,086 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $23,220,663 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$2,280,394 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $18,695,480 | 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 | $1,120,000 | CurrentTaxYearAmt |
| Total | $1,120,000 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $18,465,430 | CurrentTaxYearAmt |
| Total | $18,465,430 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $19,585,430 | CurrentTaxYearAmt |
| Total | $19,585,430 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $1,045,000 | CurrentTaxYearAmt |
| Total | $1,045,000 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $11,330,789 | CurrentTaxYearAmt |
| Total | $11,330,789 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $12,375,789 | CurrentTaxYearAmt |
| Total | $12,375,789 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $7,209,641 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $29,026 | CurrentTaxYearAmt |
| Total | $29,026 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $29,026 | CurrentTaxYearAmt |
| Total | $29,026 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $19,614,456 | CurrentTaxYearAmt |
| Total | $19,614,456 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| First5 Years509 | Yes (X) | First5Years509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE A, PART III: | INSIDE TRACK, INC. WAS RECOGNIZED AS A 501(C)(3) TAX-EXEMPT ORGANIZATION AS OF JANUARY 28, 2020. AS A RESULT, TAX YEAR 2020 WAS A SHORT YEAR COVERING THE PERIOD FROM JANUARY 28, 2020 THROUGH DECEMBER 31, 2020. |
| SCHEDULE A, PART III, SECTION B, LINE 12: | EXPLANATION FOR OTHER INCOME: 2020 $8,374,703 - PRODUCT STUDIO REIMB. |
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 D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,164,204 | OtherCostOrOtherBasisAmt |
| Depreciation | $641,110 | DepreciationAmt |
| Book Value | $523,094 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,374,557 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,239,208 | DepreciationAmt |
| Book Value | $135,349 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $658,443 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM AFFILIATES | Desc |
| Book Value | $1,472,333 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $1,472,333 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO AFFILIATES | Desc |
| Amt | $1,119,284 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,119,284 | 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 | INSIDE TRACK, INC. IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF STRADA EDUCATION NETWORK, INC. PER THE CONSOLIDATED FINANCIAL STATEMENTS, "STRADA ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES ON A MORE-LIKELY-THAN-NOT CRITERION BASED ON THE POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE WERE NO UNCERTAINTIES THAT REQUIRE RECOGNITION OR DISCLOSURE AS OF DECEMBER 31, 2020 OR 2019." | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PETER WHEELAN | ||||||||||||||
| PRESIDENT | $286,256 | $0 | $215,729 | $0 | $552 | $0 | $271,400 | $0 | $38,413 | $0 | $812,350 | $0 | $0 | $0 |
| LARRY LUTZ | ||||||||||||||
| BOARD MEMBER | $0 | $319,861 | $0 | $193,400 | $0 | $30,846 | $0 | $30,900 | $0 | $39,725 | $0 | $614,732 | $0 | $0 |
| ERIN ROTH | ||||||||||||||
| BOARD MEMBER | $0 | $333,580 | $0 | $149,175 | $0 | $22,999 | $0 | $30,900 | $0 | $44,775 | $0 | $581,429 | $0 | $0 |
| THOMAS DAWSON | ||||||||||||||
| BOARD MEMBER | $0 | $327,496 | $0 | $148,180 | $0 | $20,902 | $0 | $30,900 | $0 | $42,475 | $0 | $569,953 | $0 | $0 |
| SCOTT FLEMING | ||||||||||||||
| BOARD MEMBER | $0 | $312,245 | $0 | $137,700 | $0 | $22,397 | $0 | $30,900 | $0 | $39,725 | $0 | $542,967 | $0 | $0 |
| THOMAS R ERTEL | ||||||||||||||
| TREASURER | $0 | $264,216 | $0 | $115,545 | $0 | $24,937 | $0 | $30,900 | $0 | $16,748 | $0 | $452,346 | $0 | $0 |
| BRIAN CO | ||||||||||||||
| SVP PRODUCT STUDIO | $223,872 | $0 | $90,000 | $0 | $591 | $0 | $11,400 | $0 | $26,867 | $0 | $352,730 | $0 | $0 | $0 |
| KAI DREKMEIER | ||||||||||||||
| VICE PRESIDENT | $213,008 | $0 | $82,182 | $0 | $478 | $0 | $11,400 | $0 | $24,237 | $0 | $331,305 | $0 | $0 | $0 |
| RUTH WHITE | ||||||||||||||
| PRESIDENT (BEG 9/1/2020) | $216,265 | $0 | $74,404 | $0 | $463 | $0 | $11,400 | $0 | $11,029 | $0 | $313,561 | $0 | $0 | $0 |
| STEPHEN AST | ||||||||||||||
| SVP PARTNER SUCCESS | $209,800 | $0 | $64,436 | $0 | $293 | $0 | $11,058 | $0 | $14,581 | $0 | $300,168 | $0 | $0 | $0 |
| CHRISTINA CLARK | ||||||||||||||
| SECRETARY | $0 | $208,896 | $0 | $48,191 | $0 | $16,287 | $0 | $25,709 | $0 | $0 | $0 | $299,083 | $0 | $0 |
| JOSEPH DONATO | ||||||||||||||
| VP HUMAN RESOURCES | $196,626 | $0 | $69,930 | $0 | $768 | $0 | $10,421 | $0 | $14,650 | $0 | $292,395 | $0 | $0 | $0 |
| DAVID JARRAT | ||||||||||||||
| SVP STRAT ENG. & GROWTH | $209,598 | $0 | $67,450 | $0 | $1,787 | $0 | $11,082 | $0 | $0 | $0 | $289,917 | $0 | $0 | $0 |
| MICHAEL PROSPER | ||||||||||||||
| VP PRODUCT DEVELOPMENT | $213,381 | $0 | $0 | $0 | $12,833 | $0 | $9,125 | $0 | $39,413 | $0 | $274,752 | $0 | $0 | $0 |
| CARRIE ELLEN CENIS-LOCKHERT | ||||||||||||||
| ASSOC. VP PARTNER SUCCESS | $139,378 | $0 | $61,442 | $0 | $1,751 | $0 | $6,238 | $0 | $622 | $0 | $209,431 | $0 | $0 | $0 |
| RIIKKA MARR | ||||||||||||||
| SENIOR DIRECTOR FINANCE | $150,000 | $0 | $0 | $0 | $1,680 | $0 | $6,000 | $0 | $0 | $0 | $157,680 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B: | FormAndLineReferenceDesc |
| Explanation | ELIGIBLE EMPLOYEES PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN UNDER CODE SECTION 457(F). ANY AMOUNTS ULTIMATELY PAID UNDER THE PLAN TO AN ELIGIBLE EMPLOYEE IS REPORTED AS COMPENSATION ON FORM 990, SCHEDULE J, PART II, COLUMN B IN THE YEAR PAID. NO PAYMENTS WERE MADE UNDER THE PLAN DURING CALENDAR YEAR 2020. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | PERSONS LISTED IN PART VII MAY HAVE A "BUSINESS RELATIONSHIP" WITH EACH OTHER BY VIRTUE OF SITTING ON RELATED STRADA EDUCATION NETWORK, INC. BOARDS OR BY VIRTUE OF THEIR EMPLOYMENT WITH RELATED STRADA EDUCATION NETWORK, INC. ENTITIES. |
| FORM 990, PART VI, SECTION A, LINE 6 | STRADA EDUCATION NETWORK, INC. IS THE SOLE MEMBER OF INSIDE TRACK, INC. |
| FORM 990, PART VI, SECTION A, LINE 7A | STRADA EDUCATION NETWORK, INC. IS THE SOLE MEMBER OF INSIDE TRACK, INC. AS THE SOLE MEMBER, STRADA EDUCATION NETWORK, INC. HAS THE RIGHT TO (A) ELECT AND REMOVE THE MEMBERS OF THE BOARD OF TRUSTEES OF INSIDE TRACK, INC. AND (B) FILL ANY VACANCY OF THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION A, LINE 7B | INSIDE TRACK, INC.'S SOLE MEMBER IS STRADA EDUCATION NETWORK, INC. WHICH SHALL HAVE THE RIGHTS AND DUTIES AS PROVIDED IN THE CORPORATION'S REGULATIONS. IN FURTHERANCE AND NOT IN LIMITATION OF POWERS CONFERRED BY LAW, THE MEMBER IS EXPRESSLY AUTHORIZED TO MAKE, ADOPT, ALTER, AMEND AND REPEAL, FROM TIME TO TIME, THE REGULATIONS OF THE CORPORATION. THE MEMBER SHALL ACT THROUGH ACTION TAKEN BY ITS BOARD OF TRUSTEES |
| FORM 990, PART VI, SECTION A, LINE 8B | THE ORGANIZATION DID NOT HAVE ANY COMMITTEES DURING THE TAX YEAR. |
| FORM 990, PART VI, SECTION B, LINE 11B | ON SEPTEMBER 30, 2021, THIS ENTITY WAS MERGED OUT OF EXISTENCE INTO STRADA COLLABORATIVE, INC. WHICH DISSOLVED THE EXISTING BOARD. ONCE THE FORM 990 IS PREPARED BY THE COMPANY, WITH ASSISTANCE FROM THE EXTERNAL TAX ACCOUNTING FIRM, THE FORM AND ALL APPLICABLE SCHEDULES ARE PROVIDED TO THE FULL BOARD OF STRADA COLLABORATIVE, INC. IN ADVANCE OF THE FORM BEING FILED WITH THE IRS, ALLOWING TIME FOR REVIEW AND COMMENT BY THE FULL BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, A CONFLICT OF INTEREST AND DISCLOSURE QUESTIONNAIRE IS REQUIRED TO BE COMPLETED BY ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES. THE PURPOSE OF THE QUESTIONNAIRE IS TO SOLICIT INFORMATION ABOUT RELATIONSHIPS THAT MAY CONSTITUTE A POTENTIAL CONFLICT OF INTEREST. EACH MEMBER OF THE BOARD OF TRUSTEES SIGNS AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT THAT DISCLOSES ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS SET FORTH IN THE APPROVED CONFLICT OF INTEREST POLICY FOR TRUSTEES. THE DISCLOSURE STATEMENTS ARE REVIEWED BY THE BOARD OF TRUSTEES. WHEN ANY SUCH CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRING ACTION BY THE BOARD OF TRUSTEES OR ANY COMMITTEE, THE INTERESTED PERSON SHALL CALL IT TO THE ATTENTION OF THE CHAIR AND SUCH PERSON SHALL NOT VOTE ON THE MATTER. MOREOVER, THE PERSON HAVING THE CONFLICT SHALL LEAVE THE ROOM IN WHICH THE MEETING IS HELD AND NOT PARTICIPATE IN THE FINAL DELIBERATIONS OR DECISIONS REGARDING THE MATTER UNDER CONSIDERATION. A TRUSTEE SHALL ADVISE THE CHAIR IN WRITING OF ANY POTENTIAL CONFLICTS OF INTEREST WHICH ARISE AFTER SIGNING THE CONFLICT OF INTEREST DISCLOSURE STATEMENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT, WHICH RUNS A MARKET ANALYSIS FOR PURPOSES OF DETERMINING PAY AND SETTING BONUS PROGRAMS. THAT INFORMATION IS PROVIDED TO THE BOARD IN SETTING COMPENSATION AND BONUS PLANS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ANY DOCUMENT OPEN TO PUBLIC INSPECTION AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | PROFESSIONAL SERVICE FEES: PROGRAM SERVICE EXPENSES 318,220. MANAGEMENT AND GENERAL EXPENSES 8,396. FUNDRAISING EXPENSES 8,665. TOTAL EXPENSES 335,281. LICENSING FEE: PROGRAM SERVICE EXPENSES 2,230,662. MANAGEMENT AND GENERAL EXPENSES 58,852. FUNDRAISING EXPENSES 60,737. TOTAL EXPENSES 2,350,251. |
| FORM 990, PART XI, LINE 9: | TRANSFER OF NET ASSETS FROM INSIDE TRACK, INC. (EIN: 94-3344975) 18,695,480. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DXTERA INSTITUTE INC | |||||||||||
| 55 COURT STREET SUITE 200 | BOSTON | MA | 02108 | 815103331 | EDUCATIONAL SUPPORT SERVICES | DE | 501(C)(3) | 10 | STRADA EDUCATION NETWORK INC | Yes (1) | |
| EDUCATION AT WORK INC | |||||||||||
| 10 WEST MARKET STREET SUITE 1100 | INDIANAPOLIS | IN | 46204 | 454035038 | STUDENT EMPLOYEE OPPORTUNITIES | OH | 501(C)(3) | 12B, II | STRADA EDUCATION NETWORK INC | Yes (1) | |
| ROADTRIP NATION LTD | |||||||||||
| 10 WEST MARKET STREET SUITE 1100 | INDIANAPOLIS | IN | 46204 | 263889207 | STUDENT ROADMAP | DE | 501(C)(3) | 7 | STRADA EDUCATION NETWORK INC | Yes (1) | |
| COUNCIL FOR ADULT AND EXPERIENTIAL LEARNING | |||||||||||
| 10 WEST MARKET STREET SUITE 1100 | INDIANAPOLIS | IN | 46204 | 132890752 | ADULT LEARNERS | DE | 501(C)(3) | 7 | STRADA EDUCATION NETWORK INC | Yes (1) | |
| STRADA EDUCATION NETWORK INC | |||||||||||
| 10 WEST MARKET STREET SUITE 1100 | INDIANAPOLIS | IN | 46204 | 473044430 | PARENT ORGANIZATION | DE | 501(C)(3) | 12B, II | 0 | N/A | |
| STRADA IDAHO HOLDINGS INC | |||||||||||
| 10 WEST MARKET STREET SUITE 1100 | INDIANAPOLIS | IN | 46204 | 842914431 | TITLE HOLDING COMPANY | ID | 501(C)(2) | STRADA EDUCATION NETWORK INC | Yes (1) | ||
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ECONOMIC MODELING LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 232 N ALMON ST | AddressLine1Txt |
| City | MOSCOW | CityNm |
| State Abbreviation | ID | StateAbbreviationCd |
| ZIP | 83843 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271605272 | EIN |
| Primary Activities | DATA ANALYTICS SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROADTRIP PRODUCTIONS LTD | ||||||||||||||
| 1626 PLACENTIA AVE | COSTA MESA | CA | 92627 | 042615743 | EDUCATION OUTREACH | DE | N/A | C | Yes (1) | |||||
| INSIDE TRACK INC | ||||||||||||||
| 10 WEST MARKET STREET SUITE 1100 | INDIANAPOLIS | IN | 46204 | 943344975 | STUDENT COACHING | DE | N/A | C | Yes (1) | |||||
| STRADA SOLUTIONS INC | ||||||||||||||
| 10 WEST MARKET STREET SUITE 1100 | INDIANAPOLIS | IN | 46204 | 371897172 | HOLDING COMPANY | DE | N/A | C | Yes (1) | |||||
| ECONOMIC MODELING UK LIMITED | ||||||||||||||
| DATA ANALYTICS SERVICES | N/A | C | Yes (1) | 10 SARUM HILL | BASINGSTOKE | UK | RG21 8SR | UK | ||||||
| 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 | Yes (1) | 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 | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (6 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| STRADA EDUCATION NETWORK INC | ||
| C | $570,000 | FMV |
| STRADA SOLUTIONS INC | ||
| L | $2,350,252 | FMV |
| ROADTRIP NATION LTD | ||
| O | $426,340 | FMV |
| STRADA SOLUTIONS INC | ||
| O | $7,737,685 | FMV |
| INSIDE TRACK INC | ||
| S | $18,695,480 | FMV |
| STRADA EDUCATION NETWORK INC | ||
| S | $766,446 | FMV |